Cascal Awarded Global Water Intelligence Distinction

LONDON, May 25 /PRNewswire-FirstCall/ -- Cascal N.V. (NYSE: HOO), a leading provider of water and wastewater services in eight countries, announced that on 26 April 2010, Cascal was awarded a distinction for the Global Water Intelligence awards in the 'Water Company of the Year' category. This is an outstanding achievement with Cascal achieving second place and Acciona Aqua winning the award.

The 'Water Company of the Year' category is for the company who has made the most significant contribution to the development of the international water sector during 2009. Four companies were shortlisted for the award and included, Cascal, Acciona Agua, Beijing Enterprises Water Group and Remondis Agua.

"We are honored to have been rated so highly and to be among three outstanding firms in the water sector.  Cascal has consistently provided reliability, efficiency and cutting-edge technology in helping to develop the international water sector and in bringing clean water to communities where it is badly needed.  This award is a testament to the team effort from all levels of Cascal and to the dedication of our employees. We would like to thank each and every one of you who have helped Cascal to achieve this distinction," said Stephane Richer, Cascal's Chief Executive Officer.

The awards were presented by Queen Noor of Jordan who also gave an inspiring speech about the water sector. Cascal's award was received by Cascal's Business Development Director Dr Brian Winfield and Marius van Aardt, Managing Director of Silulumanzi, one of Cascal's South African operations.

About Cascal N.V.

Cascal provides water and wastewater services to its customers in eight countries: the United Kingdom, South Africa, Indonesia, China, Chile, Panama, Antigua and The Philippines. Cascal's customers are predominantly homes and businesses representing a total population of approximately 4.7 million.

Forward-looking statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the future of our operations in Panama. Such forward-looking statements are not guarantees of future performance. There are important factors, many of which are outside of our control, that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: general economic business conditions, unfavorable weather conditions, housing and population growth trends, changes in energy prices and taxes, fluctuations with currency exchange rates, changes in regulations or regulatory treatment, changes in environmental compliance and water quality requirements, availability and the cost of capital, the success of growth initiatives, acquisitions and our ability to successfully integrate acquired companies and other factors discussed in our filings with the Securities and Exchange Commission, including under Risk Factors in our Form 20-F for the fiscal year ended March 31, 2009, filed with the SEC on July 1, 2009. We do not undertake and have no obligation to publicly update or revise any forward-looking statement.

SOURCE Cascal N.V.