COVANTA ENERGY NAMES NEW PRESIDENT OF COVANTA ASIA PACIFIC.

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MEDIA RELEASE PR29750 Covanta Energy Names Allard M. Nooy President Covanta Asia Pacific

SHANGHAI, April 1 /PRNewswire-AsiaNet/ --

Covanta Holding Corporation (NYSE: CVA), a world leader in the development and operation of large scale Energy-from-Waste and renewable energy projects, today announced the appointment of Allard M. Nooy to the position of President Covanta Asia Pacific for its principal subsidiary, Covanta Energy Corporation. Mr. Nooy's appointment is effective immediately.

Mr. Nooy has extensive experience working with municipal governments to develop infrastructure projects throughout Asia. He was previously Regional Director of Infrastructure Development for Leighton Asia Limited, where he has managed Leighton's business in the People's Republic of China as well as infrastructure development and investment activities throughout Asia since 2004. Prior to his appointment with Leighton, Mr. Nooy was Thames Water International's Regional Director of Greater China where he initiated and led numerous transactions in China and Hong Kong. Before joining Thames Water, Mr. Nooy was the General Manager of the international EPC group Vermeer - Ballast Nedam's Southeast Asian operations, based in Vietnam. Mr. Nooy will be based in Shanghai.

"We are very pleased to welcome Allard to the Covanta team. His experience and successful track record of developing, acquiring and managing infrastructure projects in China and throughout Asia make him uniquely qualified to lead the implementation of our Asian growth strategy," said Anthony Orlando, Covanta's Chief Executive Officer. "We have a strong team in Asia and under Allard's leadership I am confident we'll continue our successful operation and capitalize on the many opportunities to expand our Energy-from-Waste business in China and elsewhere in the region."

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