CRANFORD, NJ--(MARKET WIRE)--Oct 17, 2008 -- Metalico, Inc. (MEA - News), a scrap metal recycler and lead products fabricator, will host a conference call on Friday, November 7, 2008 at 10:00 a.m. Eastern time to discuss Third Quarter 2008 earnings results, which are scheduled for release earlier that day, and to provide an update on business developments.

The conference call can be accessed by dialing (866) 213-8494, Conference Identification Number 69770967. Callers should identify the Metalico results call.

A transcript of the call will be posted on the Company's website, www.metalico.com, when available after the call. An audio replay of the call will also be available at (800) 642-1687 or (706) 645-9291 for the first week after the call's conclusion. Callers will be required to enter the Conference Identification Number to access the recording.

Metalico, Inc. is a rapidly growing holding company with operations in two principal business segments: ferrous and non-ferrous scrap metal recycling, and fabrication of lead-based products. The Company operates twenty recycling facilities in New York, Pennsylvania, Ohio, New Jersey, Texas, Mississippi, and West Virginia and five lead fabrication plants in Alabama, Illinois, Nevada, and California. Metalico's common stock is traded on the American Stock Exchange under the symbol MEA.

This announcement and the November 7 conference call may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

     Contact:
     Metalico, Inc.
     Carlos E. Agüero
     President and Chief Executive Officer
      
     Michael J. Drury
     Executive Vice President
     Email Contact
      
     186 North Avenue East
     Cranford, NJ 07016
      
     (908) 497-9610
     FAX:  (908) 497-1097
     http://www.metalico.com