Budget Waste Inc. Signs Letter of Intent With Oilfield Services Company


CALGARY, Alberta, Dec. 21, 2006 (PRIME NEWSWIRE) -- Budget Waste Inc. (Pink Sheets:BDGW) signs letter of intent with 4M Water Hauling Ltd. a premier oilfield services company. Providing water hauling services for Alberta's oilfield industry for over 7 years, 4M has established itself as one of the leading oilfield services companies in Alberta. According to Mike Kolankowski, BWI's VP Strategic Direction, "This move will strengthen BWI's presence in Alberta's booming oilfield sector." 4M offers road spraying services, parking lot washing, fire fighting equipment, and potable and fresh water services to the oilfield forestry and mining sectors.

Budget Waste Inc. is a premier waste solutions company in Western Canada providing complete waste service solutions to oilfield, commercial, industrial, construction, homebuilders and residential clients. For more information on Budget Waste Inc., please visit our web site at www.budgetwaste.com or contact our investor relations department at:


 Budget Waste Inc.
 Investor Relations

 3915 - 61st Ave. SE.
 Calgary, AB T2C 1V5
 Main ph:  403-651-3708
 Fax:  403-255-3237
 Email: ir@budgetwaste.com

The Budget Waste Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2155

Safe Harbor:

The information presented in this document reflects the true and current state of the business and future intended direction of BWI, as best understood by the controlling shareholders as of December 2006. This document contains forward-looking statements relating to the operations and environment in which BWI operates, which are based on operations, estimates and forecast projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, or are beyond the control of BWI. A number of important events could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Although these forward-looking statements contained herein are based upon what management believes are reasonable assumptions, BWI cannot assure investors that the actual results will be consistent with these forward-looking statements. The readers should not rely solely on such forward statements and BWI disclaims any intention or obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.


            

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