Market Overview

Advanced Drainage Systems to Announce Fourth Quarter and Fiscal 2018 Results on May 29, 2018

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Advanced Drainage Systems, Inc. (NYSE:WMS) ("ADS" or the "Company"), a
leading global manufacturer of water management products and solutions
for commercial, residential, infrastructure and agricultural
applications, today announced that it will release its unaudited
financial results for the fourth quarter and fiscal year ended March 31,
2018 before the market opens on May 29, 2018.

President and Chief Executive Officer, Scott Barbour, and Chief
Financial Officer, Scott Cottrill will host a conference call and
webcast on May 29, 2018 at 10:00 a.m. ET to discuss the unaudited
results for the fourth quarter and fiscal 2018.

The live call can be accessed by dialing 1-866-393-4306 (US toll-free)
or 1-734-385-2616 (international) and asking to be connected to the
Advanced Drainage Systems, Inc. call. The live webcast will also be
accessible via the "Events Calendar" section of the Company's Investor
Relations website, www.investors.ads-pipe.com.
An archived version of the webcast will be available for 90 days
following the call.

About The Company

ADS is the leading manufacturer of high performance thermoplastic
corrugated pipe, providing a comprehensive suite of water management
products and superior drainage solutions for use in the construction and
infrastructure marketplace. Its innovative products are used across a
broad range of end markets and applications, including non-residential,
residential, agriculture and infrastructure applications. The Company
has established a leading position in many of these end markets by
leveraging its national sales and distribution platform, its overall
product breadth and scale and its manufacturing excellence. Founded in
1966, the Company operates a global network of approximately 60
manufacturing plants and over 30 distribution centers. To learn more
about the ADS, please visit the Company's website at www.ads-pipe.com.

Forward Looking Statements

Certain statements in this press release may be deemed to be
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Such statements include, but are not
limited to, statements regarding the timing for the Company's issuance
of its unaudited financial results. These statements are not historical
facts but rather are based on the Company's current expectations,
estimates and projections regarding the Company's business, operations
and other factors relating thereto. Words such as "may," "will,"
"could," "would," "should," "anticipate," "predict," "potential,"
"continue," "expects," "intends," "plans," "projects," "believes,"
"estimates," "confident" and similar expressions are used to identify
these forward-looking statements. Factors that could cause actual
results to differ from those reflected in forward-looking statements
relating to our operations and business include: fluctuations in the
price and availability of resins and other raw materials and our ability
to pass any increased costs of raw materials on to our customers in a
timely manner; volatility in general business and economic conditions in
the markets in which we operate, including, without limitation, factors
relating to availability of credit, interest rates, fluctuations in
capital and business and consumer confidence; cyclicality and
seasonality of the non-residential and residential construction markets
and infrastructure spending; the risks of increasing competition in our
existing and future markets, including competition from both
manufacturers of high performance thermoplastic corrugated pipe and
manufacturers of products using alternative materials; our ability to
continue to convert current demand for concrete, steel and polyvinyl
chloride ("PVC") pipe products into demand for our high performance
thermoplastic corrugated pipe and Allied Products; the effect of weather
or seasonality; the loss of any of our significant customers; the risks
of doing business internationally; the risks of conducting a portion of
our operations through joint ventures; our ability to expand into new
geographic or product markets; our ability to achieve the acquisition
component of our growth strategy; the risk associated with manufacturing
processes; our ability to manage our assets; the risks associated with
our product warranties; our ability to manage our supply purchasing and
customer credit policies; the risks associated with our self-insured
programs; our ability to control labor costs and to attract, train and
retain highly-qualified employees and key personnel; our ability to
protect our intellectual property rights; changes in laws and
regulations, including environmental laws and regulations; our ability
to project product mix; the risks associated with our current levels of
indebtedness; our ability to meet future capital requirements and fund
our liquidity needs; the risk that information may arise that would
require the Company to make adjustments or revisions or to restate
further the financial statements and other financial data for certain
prior periods and any future periods, any delay in the filing of any
filings with the Securities and Exchange Commission ("SEC"); the review
of potential weaknesses or deficiencies in the Company's disclosure
controls and procedures, and discovering further weaknesses of which we
are not currently aware or which have not been detected; additional
uncertainties related to accounting issues generally and other risks and
uncertainties described in the Company's filings with the SEC. New risks
and uncertainties emerge from time to time and it is not possible for
the Company to predict all risks and uncertainties that could have an
impact on the forward-looking statements contained in this press
release. In light of the significant uncertainties inherent in the
forward-looking information included herein, the inclusion of such
information should not be regarded as a representation by the Company or
any other person that the Company's expectations, objectives or plans
will be achieved in the timeframe anticipated or at all. Investors are
cautioned not to place undue reliance on the Company's forward-looking
statements and the Company undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.

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