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Charah Solutions, Inc. Announces APTIM Litigation and Arbitration Settlement

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Charah Solutions, Inc. (NYSE:CHRA) (the "Company"), a leading provider
of environmental and maintenance services to the power generation
industry, announced today that it has reached an agreement to settle all
outstanding litigation and arbitration claims brought by APTIM Corp.

Financial terms of the settlement were not disclosed. The settlement
amount is within the Company's previously recorded reserve for
outstanding legal claims accrued in its third quarter ended September
30, 2018.

Charah Solutions issued the following statement:

"We are pleased to have reached a resolution to this matter, and look
forward to continuing to serve our clients across the power generation
industry as a leading provider of environmental and maintenance
services."

About Charah Solutions, Inc.

With 30 years of experience, Charah® Solutions, Inc. is a leading
provider of environmental and maintenance services to the power
generation industry, with operations in coal-fired and nuclear power
generation sites across the country. Based in Louisville, Kentucky,
Charah Solutions assists utilities with all aspects of managing and
recycling ash byproducts generated from the combustion of coal in the
production of electricity as well as routine power plant maintenance and
outage services for coal and nuclear energy providers. The Company also
designs and implements solutions for ash pond management and closure,
landfill construction, fly ash and slag sales, and structural fill
projects. Charah Solutions is the partner of choice for solving
customers' most complex environmental challenges, and as an industry
leader in quality, safety, and compliance, the Company is committed to
reducing greenhouse gas emissions for a cleaner energy future. For more
information, please visit www.charah.com.

MultiSource is a registered trademark of Charah, LLC in the United
States.

Forward-Looking Statements

This press release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical facts, included in this press release that
address activities, events or developments that the Company expects,
believes or anticipates will or may occur in the future are
forward-looking statements. These forward-looking statements may be
identified by words such as "may," "expect," "estimate," "project,"
"plan," "believe," "intend," "achievable," "anticipate," "will,"
"continue," "potential," "should," "could," and other similar words.
These statements are based on certain assumptions made by the Company
based on management's experience and perception of historical trends,
current conditions, anticipated future developments and other factors
believed to be appropriate. Such statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond the
control of the Company, which may cause actual results to differ
materially from those implied or expressed by the forward-looking
statements. These risks and uncertainties include, but are not limited
to, those set forth in the Company's Registration Statement on Form S-1
filed on June 4, 2018 with the Securities and Exchange Commission
("SEC") and in our other reports filed from time to time with the SEC.
There may be other factors of which we are not currently aware that may
affect matters discussed in the forward-looking statements and may also
cause actual results to differ materially from those discussed.

Any forward-looking statement speaks only as of the date on which such
statement is made and the Company undertakes no obligation to correct or
update any forward-looking statement, whether as a result of new
information, future events or otherwise, except as required by
applicable law.

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