Exhibit 20

George Westinghouse Technology Center
Building 801 — 1386 Beulah Road
Pittsburgh, Pennsylvania 15235
(800) 972-7341

		Company Contact:
Alliance Advisors, LLC.		John C. Regan, Chairman & CEO
Mark McPartland / Chris Camarra		Nick Battaglia, CFO
212-398-3487		412-243-3200
ccamarra@allianceadvisors.net

FOR IMMEDIATE RELEASE

PDG Environmental Announces Third Quarter Results

PITTSBURGH, PA, December 14, 2007 – PDG Environmental, Inc. (OTC BB: PDGE), a leading provider of environmental remediation and specialty contracting services, today reported financial results for the fiscal third quarter and nine months ended October 31, 2007.

Revenue for the quarter was $26.6 million, up 34.5% from the $19.8 million reported in the third quarter of fiscal 2007. The company reported a net after-tax loss of $(1.0) million, or $(0.05) per diluted share in the third quarter of fiscal 2008, compared with a net loss of $(2.0) million, or $(0.10) per diluted share, in the third quarter of fiscal 2007. The loss for the current quarter was due to negative margin adjustments of approximately $1.8 million, including a $0.8 million loss on an asbestos contract performed in the third quarter. EBITDA (earnings before interest, taxes, depreciation and amortization) was a negative $(0.2) million for the current quarter versus a negative $(0.6) million for the comparable period in fiscal 2007. SG&A and other direct costs as a percent of revenue decreased to 23.5% for the current quarter as compared to 29.9% for the comparable quarter last year although the costs increased $0.35 million largely related to increased selling costs, initial implementation costs for Sarbanes Oxley, and higher legal costs. In the third quarter of fiscal 2008 and third quarter of fiscal 2007, PDG Environmental recorded non-cash accounting costs of $0.2 million related to its July 2005 private placement. The third quarter of fiscal 2007 also included $0.15 million in one-time charges related to employee fraud and $0.1 million for a non-cash impairment charge for goodwill, while the current quarter included other income of $0.2 million largely related to the partial insurance recovery from the fraud claim. Fully diluted shares outstanding rose to 20.7 million from 20.4 million.

For the nine months ended October 31, 2007, revenue rose to $74.9 million, up 28.0% versus the $58.6 million recorded during the same period in the prior fiscal year. PDG Environmental reported net after-tax loss of $0.18 million for the nine month period, or $(0.01) per diluted share, compared with a net loss of $(5.4) million, or $(0.28) per share, last year. EBITDA improved to $2.8 million from a negative $(2.2) million last year due to the increased level of revenues. SG&A and other direct costs decreased by $0.65 million in spite of being adversely impacted by the increased costs in the third quarter noted above. The non-cash accounting cost of the July 2005 private placement totaled $0.7 million in fiscal 2008 versus $1.9 million in fiscal 2007. Fiscal 2007 also included $0.7 million in one-time charges related to employee fraud, while fiscal 2008 included other income of $0.3 million largely related to the insurance recovery from the fraud claim. Fully diluted shares outstanding rose to 20.6 million from 19.5 million in fiscal 2007.

“While we are very pleased with the top line growth we have experienced this fiscal year, we are obviously very disappointed with our bottom line results which were adversely impacted by losses on a single project performed this quarter. Prospectively we have put in place new policies and procedures to mitigate the level of contract adjustments noted above. With backlog remaining at

$50 million, over half of which is reconstruction related, and with additional controls in place we look forward to improved results going forward,” said John C. Regan, chairman and chief executive officer of PDG Environmental.

Conference Call

PDG Environmental will host a conference call on December 14, 2007 at 11:00 a.m. Eastern. During the call, John C. Regan, Chairman and Chief Executive Officer, and Nick Battaglia, Chief Financial Officer, will discuss the Company’s quarterly performance and financial results. The telephone number for the conference call is 1-888 339-9446.

Investors will be able to access an encore recording of the conference call for one week by calling 1-800-406-7325, conference ID# 3814622. The encore recording will be available two hours after the conference call has concluded.

The company makes use of EBITDA (earnings before interest, taxes, depreciation and amortization) as a financial measure which it believes is a useful performance indicator. EBITDA is not a recognized term under generally accepted accounting principles, or “GAAP,” and should not be considered as an alternative to net income/(loss) or net cash provided by operating activities, which are GAAP measures. A reconciliation of EBITDA to net income/(loss) appears at the end of this release, as do both actual results for the quarter and year-to-date periods.

About PDG Environmental

PDG Environmental, Inc., headquartered in Pittsburgh, PA, is a leading provider of specialty contracting services including asbestos abatement, mold remediation, emergency response, demolition and reconstruction to commercial, industrial and governmental clients nationwide. With over twenty years experience, PDG Environmental has 13 offices capable of responding to customer requirements coast to coast. For additional information, please visit www.pdge.com.

Safe Harbor Statement under Private Securities Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements, including, but not limited to, deployment of new services, growth of customer base, and growth of service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing or other factors. Deviation may result from risk and uncertainties, including, without limitation, the company’s dependence on third parties, market conditions for the sale of services, availability of capital, operational risks on contracts, and other risks and uncertainties. The company disclaims any obligation to update information contained in any forward-looking statement.

– Tables to follow –

PDG ENVIRONMENTAL, INC. AND SUBSIDIARIES
STATEMENTS OF CONSOLIDATED OPERATIONS
(UNAUDITED)

		For the Three Months Ended October 31,
		2007				2006
Contract Revenues		$	26,616,000			$	19,783,000
Job Costs			21,200,000				14,790,000
Field Margin			5,416,000				4,993,000
Other Direct Costs			2,674,000				2,982,000
Gross Margin			2,742,000				2,011,000
Selling General & Administrative expenses			3,594,000				2,932,000
(Gain) loss on Sale of Fixed Assets			—				12,000
Income (Loss) From Operations			(852,000	)			(933,000	)
Other Income (Expense):
Interest Expense			(303,000	)			(246,000	)
Non-cash interest expense for preferred dividends and accretion of discount			(229,000	)			(195,000	)
Non-recurring charge employee fraud			—				(150,000	)
Non-cash impairment charge for goodwill			—				(111,000	)
Interest and other income, net			163,000				3,000
			(369,000	)			(699,000	)
Income (Loss) Before Income Taxes			(1,221,000	)			(1,632,000	)
Income Tax (Benefit) Provision			(221,000	)			365,000
Net Income (Loss)		$	(1,000,000	)		$	(1,997,000	)
Per share of common stock:
Basic		$	(0.05	)		$	(0.10	)
Dilutive		$	(0.05	)		$	(0.10	)
Earnings per share calculation:
Average common share equivalents outstanding			20,749,000				20,445,000
Average dilutive common share equivalents outstanding			—				—
Average common share and dilutive common equivalents outstanding			20,749,000				20,445,000

PDG ENVIRONMENTAL, INC. AND SUBSIDIARIES
RECONCILIATION OF EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (“EBITDA”)
(UNAUDITED)

		For the Three Months Ended October 31,
		2007				2006
Net Income (Loss)		$	(1,000,000	)		$	(1,997,000	)
Income Tax Provision (Benefit)			(221,000	)			365,000
Interest Expense			303,000				246,000
Non-cash interest expense for preferred dividends and accretion of discount			229,000				195,000
Depreciation and Amortization			469,000				541,000
EBITDA			(220,000	)			(650,000	)

PDG ENVIRONMENTAL, INC. AND SUBSIDIARIES
STATEMENTS OF CONSOLIDATED OPERATIONS
(UNAUDITED)

		For the Nine Months Ended October 31,
		2007				2006
Contract Revenues		$	74,954,000			$	58,579,000
Job Costs			56,249,000				43,046,000
Field Margin			18,705,000				15,533,000
Other Direct Costs			8,229,000				9,082,000
Gross Margin			10,476,000				6,451,000
Selling General & Administrative expenses			9,399,000				9,188,000
(Gain) loss on Sale of Fixed Assets			—				17,000
Income (Loss) From Operations			1,077,000				(2,754,000	)
Other Income (Expense):
Interest Expense			(883,000	)			(716,000	)
Non-cash interest expense for preferred dividends and accretion of discount			(658,000	)			(1,870,000	)
Non-recurring charge employee fraud			—				(748,000	)
Non-cash impairment charge for goodwill			—				(111,000	)
Interest and other income, net			315,000				16,000
			(1,226,000	)			(3,429,000	)
Income (Loss) Before Income Taxes			(149,000	)			(6,183,000	)
Income Tax (Benefit) Provision			32,000				(793,000	)
Net Income (Loss)		$	(181,000	)		$	(5,390,000	)
Per share of common stock:
Basic		$	(0.01	)		$	(0.28	)
Dilutive		$	(0.01	)		$	(0.28	)
Earnings per share calculation:
Average common share equivalents outstanding			20,614,000				19,543,000
Average dilutive common share equivalents outstanding			—				—
Average common share and dilutive common equivalents outstanding			20,614,000				19,543,000

PDG ENVIRONMENTAL, INC. AND SUBSIDIARIES
RECONCILIATION OF EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (“EBITDA”)
(UNAUDITED)

		For the Nine Months Ended October 31,
		2007				2006
Net Income (Loss)		$	(181,000	)		$	(5,390,000	)
Income Tax Provision (Benefit)			32,000				(793,000	)
Interest Expense			883,000				716,000
Non-cash interest expense for preferred dividends and accretion of discount			658,000				1,870,000
Depreciation and Amortization			1,403,000				1,395,000
EBITDA			2,795,000				(2,202,000	)

PDG ENVIRONMENTAL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS

		October 31,				January 31,
		2007				2007
		(unaudited)
ASSETS
Current Assets
Cash and cash equivalents		$	143,000			$	158,000
Contracts receivable, net			25,250,000				21,257,000
Costs and estimated earnings in excess of billings on uncompleted contracts			6,753,000				5,607,000
Inventories			660,000				553,000
Prepaid income taxes			21,000				271,000
Deferred income tax asset			1,109,000				915,000
Other current assets			404,000				534,000
Total Current Assets			34,340,000				29,295,000
Property, Plant and Equipment			12,066,000				11,352,000
Less: accumulated depreciation			9,614,000				8,795,000
			2,452,000				2,557,000
Goodwill			2,619,000				2,651,000
Deferred Income Tax Asset			2,548,000				2,565,000
Contracts Receivable, Non Current			500,000				500,000
Intangible and Other Assets			5,174,000				5,686,000
Total Assets		$	47,633,000			$	43,254,000
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accounts payable		$	10,079,000			$	7,403,000
Billings in excess of costs and estimated earnings on uncompleted contracts			1,835,000				3,421,000
Accrued income taxes			123,000				—
Current portion of long-term debt			414,000				322,000
Accrued liabilities			5,688,000				4,007,000
Total Current Liabilities			18,139,000				15,153,000
Long-Term Debt			12,709,000				12,161,000
Series C Redeemable Convertible Preferred Stock			3,207,000				2,550,000
Total Liabilities			34,055,000				29,864,000
Stockholders’ Equity
Common stock			416,000				411,000
Common stock warrants			1,628,000				1,628,000
Additional paid-in capital			19,609,000				19,245,000
Retained Earnings (deficit)			(8,037,000	)			(7,856,000	)
Less treasury stock, at cost			(38,000	)			(38,000	)
Total Stockholders’ Equity			13,578,000				13,390,000
Total Liabilities and Stockholders’ Equity		$	47,633,000			$	43,254,000

PDG ENVIRONMENTAL, INC. AND SUBSIDIARIES
STATEMENTS OF CONSOLIDATED CASH FLOWS
(UNAUDITED)

		For the Nine Months Ended October 31,
		2007				2006
Cash Flows From Operating Activities:
Net income		$	(181,000	)		$	(5,390,000	)
Adjustments to Reconcile Net Income to Cash:
Depreciation and amortization			1,403,000				1,284,000
Provision for deferred income taxes			(177,000	)			(895,000	)
Interest expense for Series C preferred stock accretion of discount			657,000				1,870,000
Impairment charge for goodwill			—				111,000
Loss on sale of fixed asses and equity investment			—				17,000
Stock based compensation			224,000				209,000
Provision for uncollectable accounts			11,000				140,000
Changes in Assets and Liabilities Other than Cash:
Contracts receivable			(4,004,000	)			382,000
Costs and Estimated Earnings in Excess of Billings on uncompleted contracts			(1,146,000	)			(372,000	)
Inventories			(107,000	)			(35,000	)
Prepaid/accrued income taxes			373,000				509,000
Other current assets			1,113,000				869,000
Accounts payable			2,676,000				534,000
Billings in excess of costs and estimated earnings on uncompleted contracts			(1,586,000	)			(63,000	)
Accrued liabilities			1,612,000				(458,000	)
Total Changes in Assets and Liabilities Other than Cash			(1,069,000	)			1,366,000
Net Cash Provided by (Used in) by Operating Activities			868,000				(1,288,000	)
Cash Flows From Investing Activities:
Purchase of property, plant and equipment			(528,000	)			(775,000	)
Proceeds from sale of equity investment and fixed assets							24,000
Increase in other assets			(66,000	)			(57,000	)
Net Cash Used in Investing Activities			(594,000	)			(808,000	)
Cash Flows From Financing Activities:
Proceeds from debt			730,000				2,664,000
Proceeds from exercise of stock options and warrants			145,000				861,000
Payment of premium financing liability			(882,000	)			(1,039,000	)
Principal payments on debt			(282,000	)			(485,000	)
Net Cash (Used in) Provided by Financing Activities			(289,000	)			2,001,000
Change in cash and cash equivalents			(15,000	)			(95,000	)
Cash and cash equivalents, beginning of period			158,000				230,000
Cash and Cash Equivalents, end of period		$	143,000			$	135,000
Supplementary disclosure of non-cash Investing and Financing Activity:
Increase in goodwill and accrued liabilities for contingent liability			(32,000	)			561,000
Financing of annual insurance premium		$	983,000			$	1,157,000
Non-Cash purchase of fixed assets financed through capital lease		$	(197,000	)		$	—