SCRUBBER  ABSORBER        NEWSLETTER               

                                                                                                                  January 2005
                                                                                                                         No. 367

Baker Tank Acquires Cameron Environmental

Baker Tanks, based in Seal Beach, CA, announces the acquisition of Cameron Environmental, Inc. (CEI), a leader in high quality, specialty media filtration services. CEI provides water and air filtration services to a diverse customer base including the industrial, construction/remediation and municipal markets. Operating predominantly in the Western United States, CEI provides technical support, activated carbon and specialty media filtration, related media services and rental equipment.

"The acquisition of CEI is perfectly aligned with our filtration growth strategy. The company brings the critical technical expertise and experience base to supplement Baker Tanks' strong market presence and operating infrastructure," said Bryan Livingston, CEO of Baker Tanks. "Mr. Emanuel (the Seller and former CEO) will stay on board as Vice President and will lead Baker Tanks' filtration business nationally. These are exciting times for Baker Tanks given the strong growth in both our traditional business and in new products and markets. This acquisition serves as another key step in our continued efforts to expand our service offering," added Livingston.

Baker Tanks offers the industry's largest rental fleet of tanks, boxes, pumps and filtration equipment.

Baker Tanks continues to seek acquisition opportunities which strategically complement its core equipment rental business in steel tanks, roll-off boxes, poly-tanks, pumps and filtration.

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