Advanced Drainage Systems Provides Update on Timing of Restatement

Anticipates filing restated financial statements on March 29, 2016 — — Intends to provide updated outlook for fiscal year 2016 and host conference call on March 30, 2016 — )–Advanced Drainage Systems, Inc. , a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it anticipates completing the restatement of historical interim and annual financial statements and filing its Annual Report on Form 10-K for the fiscal year ended March 31, 2015 and amended Quarterly Reports on Form 10-Q for quarterly periods in the fiscal year ended March 31, 2015 after market close on March 29, 2016.