Bennett Environmental To Acquire
Subsidiary of ELI Eco Logic Inc.

Press release: Bennett Environmental Web Site
Wednesday, Nov. 26, 2003

Oakville, On.- Bennett Environmental Inc., a North American leader in the high-temperature treatment of contaminated soil, is pleased to announce that it is in final negotiations to acquire ELI Eco Logic International Inc, a subsidiary of ELI Eco Logic Inc. (TSX:ELI). The transaction is expected to close on December 1st 2003. Through this purchase, Bennett acquires a license from ELI Eco Logic Inc. for the GPCR™ technology that effectively treats gases and contaminated liquids and is a complementary service to the treatment of contaminated soil and construction debris in Bennett’s existing Saint Ambroise, Quebec and Cornwall, Ontario facilities respectively. The permit to operate the assets purchased from ELI Eco Logic Inc. is valid in Ontario only. The acquisition of ELI Eco Logic International will cost Bennett approximately CDN$1.725 million. In addition to the technology and synergy gained by this acquisition, ELI Eco Logic International has significant tax losses, which the Company expects to apply against its income resulting in cash tax savings of up to CDN$7.0 million.

“This acquisition fits with the Company’s goal of developing alternative technologies for the environmentally safe treatment of contaminated residues. The GPCR™ technology is the perfect complement to Bennett’s high temperature treatment services. Bennett now has the potential of offering a complete range of turnkey environmental safe remediation services,” stated John Bennett, Chairman and Chief Executive Officer of Bennett Environmental Inc. “With the closing of this transaction expected by December 1, 2003, Bennett Environmental Inc. is now positioned to capture a greater share of the recycling and treatment markets.”

About Bennett Environmental Inc.

Bennett Environmental Inc. is a North American leader in high temperature treatment services for the remediation of contaminated soil and has provided thermal solutions to contamination problems throughout Canada and the US. Bennett Environmental’s proprietary technology provides for the safe, economical and permanent solution to contaminated soil. Independent testing has consistently proven that the technology operates well within the most stringent criteria in North America.

Bennett Environmental is listed on the Toronto Stock Exchange (Trading Symbol “BEV”) and the American Stock Exchange (Trading Symbol “BEL”). For information, please visit the Bennett Environmental website at, or contact Rick Stern in Oakville at (905) 339- 1540.

Note for Investors: This news release includes statements about expected future events and/or financial results that are forward looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbour for forward-looking statements provisions contained in the Private Litigation Reform Act of 1995. The company cautions that actual performance will be affected by a number of various factors, many of which are beyond the company’s control.

Discussions of the various factors that may affect future results are contained in the company’s filings with the Securities and Exchange Commission and Ontario Securities Commission.

Press Release PR 128 - 2003 11 26