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Press release from Business Wire

Waste Management Announces Cash Dividend

Friday, May 13, 2011

Waste Management Announces Cash Dividend08:00 EDT Friday, May 13, 2011 HOUSTON (Business Wire) -- Waste Management, Inc. (NYSE:WM) today announced the declaration of a quarterly cash dividend of $0.34 per share payable June 17, 2011 to stockholders of record on June 2, 2011. ABOUT WASTE MANAGEMENT Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services. It is also a leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States. The company's customers include residential, commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management visit www.wm.com or www.thinkgreen.com. Waste ManagementAnalystsEd Egl, 713-265-1656eegl@wm.comorMediaLynn Brown, 713-394-5093lynnbrown@wm.comhttp://www.wm.com