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Budget Waste Inc. Issues Financial Update

Budget Waste Inc. (PINKSHEETS: BDGW) announced today that its independent auditors, Cinnaman Jang Willoughby, has informed management that the final stages of the financial audit process are nearing completion and that the audit should be complete before the end of April. This audit encompasses the fiscal years ending March 31, 2006 and March 31 2007.

Promptly following receipt of its audited financial statements, BWI plans to file Form 10-SB with the U.S. Securities and Exchange Commission to become a “reporting company,” the next step in the process of becoming eligible to have the Company’s shares trade on the Over the Counter Bulletin Board system.

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