Republic Services, Inc. Reports First Quarter Results

            Republic Services, Inc. Reports First Quarter Results

- Company reports earnings of $0.34 per share; $0.46 as adjusted

- Adjusted free cash flow on target at $213 million

- Positive internal growth and sequential improvement in core price and volume
performance

PR Newswire

PHOENIX, April 25, 2013

PHOENIX, April 25, 2013 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG)
today reported net income of $124.6 million, or $0.34 per diluted share, for
the three months ended March31, 2013, versus $142.9 million, or $0.38 per
diluted share, for the comparable 2012 period.

(Logo: http://photos.prnewswire.com/prnh/20100304/RSLOGO)

Republic's net income for the three months ended March31, 2013 and 2012,
includes a number of charges and other expenses and benefits that impacted its
results. A detail of these charges, other expenses and benefits is contained
in the Reconciliation of Certain Non-GAAP Measures section of this document.
Excluding these items, net income for the three months ended March31, 2013
and 2012, would have been $167.4 million, or $0.46 per diluted share, and
$140.9 million, or $0.38 per diluted share, respectively.

Excluding certain charges, other expenses and benefits recorded during 2013
and 2012 as described in the Reconciliation of Certain Non-GAAP Measures
section of this document, adjusted earnings before interest, taxes,
depreciation, depletion, amortization and accretion (adjusted EBITDA) for the
three months ended March31, 2013, would have been $569.3 million, or 28.5
percent of revenue, compared to $556.8 million, or 28.1 percent of revenue,
for the comparable 2012 period.

Revenue for the three months ended March 31, 2013, increased to $1,998.6
million from $1,982.4 million for the comparable 2012 period. This increase
in revenue of 0.8 percent was made up of increases in core price of 1.2
percent, fuel recovery fees of 0.3 percent and acquisitions, net of
divestitures of 0.5 percent that were partially offset by decreases in volumes
of 1.0 percent and recycling commodities of 0.2 percent.

Commenting on these results, Donald W. Slager, president and chief executive
officer, said, "I am pleased with our first quarter results, which demonstrate
our ability to profitably grow our North American solid waste and recycling
businesses. Consistent with our expectations, we saw sequential improvements
in core pricing, volume and EBITDA margin performance. We remain on-track to
achieve our full year 2013 guidance, and continue to efficiently return cash
to stockholders."

Company Declares Quarterly Dividend

Republic also announced that its Board of Directors declared a regular
quarterly dividend of $0.235 per share for stockholders of record on July 1,
2013. The dividend will be paid on July 15, 2013.

About Republic

Republic is an industry leader in the U.S. non-hazardous solid waste
industry. Through its subsidiaries, Republic's collection companies, transfer
stations, recycling centers and landfills focus on providing reliable
environmental services and solutions for commercial, industrial, municipal and
residential customers. Republic and its employees believe in protecting the
planet and applying common sense solutions to customers' waste and recycling
challenges.

Republic participates in investor presentations and conferences throughout the
year. Interested parties can find a schedule of these conferences at
republicservices.com by selecting "Calendar" on the investor relations page.
Audio and other presentations from earnings calls and investor conferences are
also available on the investor relations page of the website.



SUPPLEMENTAL UNAUDITED FINANCIAL INFORMATION
AND OPERATING DATA
REPUBLIC SERVICES, INC.
CONSOLIDATED BALANCE SHEETS
(in millions, except per share amounts)
                                                     March 31,    December 31,
                                                     2013         2012
                                                     (Unaudited)
ASSETS
Current assets:
Cash and cash equivalents                            $ 130.1      $  67.6
Accounts receivable, less allowance for doubtful     821.9        836.6
accounts of $42.8 and $45.3, respectively
Prepaid expenses and other current assets            153.1        209.3
Deferred tax assets                                  118.2        117.8
Total current assets                                 1,223.3      1,231.3
Restricted cash and marketable securities            164.3        164.2
Property and equipment, net                          6,946.8      6,910.3
Goodwill                                             10,696.9     10,690.0
Other intangible assets, net                         343.1        358.7
Other assets                                         264.7        262.4
Total assets                                         $ 19,639.1   $  19,616.9
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable                                     $ 464.3      $  474.5
Notes payable and current maturities of long-term    25.1         19.4
debt
Deferred revenue                                     314.1        313.2
Accrued landfill and environmental costs, current    189.4        195.5
portion
Accrued interest                                     70.3         68.8
Other accrued liabilities                            612.1        623.6
Total current liabilities                            1,675.3      1,695.0
Long-term debt, net of current maturities            7,007.8      7,051.1
Accrued landfill and environmental costs, net of     1,421.3      1,420.6
current portion
Deferred income taxes and other long-term tax        1,208.5      1,232.7
liabilities
Self-insurance reserves, net of current portion      298.3        290.9
Other long-term liabilities                          293.5        220.9
Commitments and contingencies
Stockholders' equity:
Preferred stock, par value $0.01 per share; 50       —            —
shares authorized; none issued
Common stock, par value $0.01 per share; 750 shares
authorized; 407.7 and 405.2 issued including shares  4.1          4.1
held in treasury, respectively
Additional paid-in capital                           6,654.0      6,588.9
Retained earnings                                    2,442.1      2,403.2
Treasury stock, at cost (46.3 and 44.1 shares,       (1,363.8)    (1,287.1)
respectively)
Accumulated other comprehensive loss, net of tax     (4.7)        (5.8)
Total Republic Services, Inc. stockholders' equity   7,731.7      7,703.3
Noncontrolling interests                             2.7          2.4
Total stockholders' equity                           7,734.4      7,705.7
Total liabilities and stockholders' equity           $ 19,639.1   $  19,616.9





REPUBLIC SERVICES, INC.
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
(in millions, except per share data)
                                                  Three Months Ended March 31,
                                                  2013            2012
Revenue                                           $  1,998.6      $  1,982.4
Expenses:
Cost of operations                                1,223.1         1,203.2
Depreciation, amortization and depletion          209.6           213.7
Accretion                                         19.2            19.7
Selling, general and administrative               206.5           222.4
Negotiation and withdrawal costs - Central States 62.2            0.1
Pension Fund
Gain on disposition of assets and impairments,    (1.1)           (3.6)
net
Restructuring charges                             4.9             —
Operating income                                  274.2           326.9
Interest expense                                  (89.6)          (104.3)
Loss on extinguishment of debt                    (1.8)           —
Interest income                                   0.3             0.3
Other income, net                                 0.2             0.2
Income before income taxes                        183.3           223.1
Provision for income taxes                        58.4            80.3
Net income                                        124.9           142.8
Net (income) loss attributable to noncontrolling  (0.3)           0.1
interests
Net income attributable to Republic Services,     $  124.6        $  142.9
Inc.
Basic earnings per share attributable to Republic
Services,

 Inc. stockholders:
Basic earnings per share                          $  0.34         $  0.39
Weighted average common shares outstanding        362.7           371.0
Diluted earnings per share attributable to
Republic Services,

 Inc. stockholders:
Diluted earnings per share                        $  0.34         $  0.38
Weighted average common and common equivalent
                                                  364.1           372.5
 shares outstanding
Cash dividends declared per common share          $  0.235        $  0.220



REPUBLIC SERVICES, INC.
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in millions)
                                                  Three Months Ended March 31,
                                                  2013             2012
Cash provided by operating activities:
Net income                                        $   124.9        $  142.8
Adjustments to reconcile net income to cash
provided by operating activities:
Depreciation, amortization, depletion and         228.8            233.4
accretion
Non-cash interest expense                         11.8             17.2
Restructuring related charges                     4.9              —
Stock-based compensation                          7.7              8.0
Deferred tax (benefit) provision                  (17.6)           2.9
Provision for doubtful accounts, net of           2.9              7.2
adjustments
Loss on extinguishment of debt                    1.8              —
Gain on disposition of assets, net and asset      (3.1)            (7.8)
impairments
Withdrawal liability - Central States Pension     57.9             —
Fund
Environmental adjustments                         5.8              (8.5)
Excess income tax benefit from stock option       (0.1)            (0.3)
exercises and other non-cash items
Change in assets and liabilities, net of effects
from business acquisitions and divestitures:
Accounts receivable                               18.8             10.5
Prepaid expenses and other assets                 (4.3)            (11.5)
Accounts payable                                  (11.9)           (44.1)
Restructuring and synergy related expenditures    (7.2)            (68.1)
Capping, closure and post-closure expenditures    (26.7)           (11.8)
Remediation expenditures                          (18.9)           (13.6)
Other liabilities                                 44.3             77.9
Cash provided by operating activities             419.8            334.2
Cash used in investing activities:
Purchases of property and equipment               (214.8)          (274.2)
Proceeds from sales of property and equipment     3.2              4.8
Cash used in business acquisitions and            (10.2)           (19.7)
development projects, net of cash acquired
Cash proceeds from divestitures, net of cash      1.0              9.5
divested
Change in restricted cash and marketable          (0.1)            37.4
securities
Other                                             (0.8)            (0.1)
Cash used in investing activities                 (221.7)          (242.3)
Cash used in financing activities:
Proceeds from notes payable and long-term debt    702.9            564.3
Payments of notes payable and long-term debt      (745.5)          (586.7)
Fees paid to issue tax exempt financings          (1.2)            —
Issuances of common stock                         59.9             27.0
Excess income tax benefit from stock option       0.4              1.1
exercises
Purchases of common stock for treasury            (67.2)           (9.0)
Cash dividends paid                               (84.9)           (81.4)
Cash used in financing activities                 (135.6)          (84.7)
Increase in cash and cash equivalents             62.5             7.2
Cash and cash equivalents at beginning of period  67.6             66.3
Cash and cash equivalents at end of period        $   130.1        $  73.5

You should read the following information in conjunction with our audited
consolidated financial statements and notes thereto appearing in our Annual
Report on Form 10-K as of and for the year ended December31, 2012. All
amounts below are in millions and as a percentage of our revenue, except per
share data.

REVENUE

The following table reflects our total revenue by line of business for the
three months ended March 31:



                              Three Months Ended March 31,
                              2013                  2012
Collection:
Residential                   $ 535.2     26.8   %  $ 530.9     26.8   %
Commercial                    643.3       32.2      621.1       31.3
Industrial                    376.8       18.8      367.7       18.5
Other                         8.3         0.4       7.9         0.4
Total collection              1,563.6     78.2      1,527.6     77.0
Transfer                      233.3                 225.9
Less: Intercompany            (141.8)               (135.3)
Transfer, net                 91.5        4.6       90.6        4.6
Landfill                      431.6                 447.7
Less: Intercompany            (207.2)               (207.6)
Landfill, net                 224.4       11.2      240.1       12.1
Sale of recyclable materials  88.0        4.4       91.2        4.6
Other non-core                31.1        1.6       32.9        1.7
Other                         119.1       6.0       124.1       6.3
Total revenue                 $ 1,998.6   100.0  %  $ 1,982.4   100.0  %



The following table reflects changes in our revenue for the three months ended
March 31:



                                  Three Months Ended March 31,
                                  2013                2012
Core price                        1.2       %         0.6      %
Fuel recovery fees                0.3                 0.5
Total price                       1.5                 1.1
Volume                            (1.0)               0.2
Recycling commodities             (0.2)               (0.8)
Total internal growth             0.3                 0.5
Acquisitions / divestitures, net  0.5                 0.4
Total                             0.8       %         0.9      %

COST OF OPERATIONS

The following table summarizes the major components of our cost of operations
for the three months ended March 31:



                                      Three Months Ended March 31,
                                      2013                 2012
Labor and related benefits            $ 400.5     20.0  %  $ 388.9     19.6  %
Transfer and disposal costs           142.7       7.1      143.3       7.2
Maintenance and repairs               173.5       8.7      165.9       8.4
Transportation and subcontract costs  104.6       5.2      106.3       5.4
Fuel                                  127.6       6.4      131.2       6.6
Franchise fees and taxes              96.3        4.8      97.1        4.9
Landfill operating costs              40.9        2.1      26.7        1.3
Risk management                       41.5        2.1      46.4        2.3
Cost of goods sold                    28.3        1.4      30.7        1.5
Other                                 67.2        3.4      66.7        3.5
Total cost of operations              $ 1,223.1   61.2  %  $ 1,203.2   60.7  %



The cost categories shown above may change from time to time and may not be
comparable to similarly titled categories used by other companies.

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

The following table provides the components of our selling, general and
administrative costs for the three months ended March 31:



                                          Three Months Ended March 31,
                                          2013               2012
Salaries                                  $ 137.1   6.9   %  $ 150.5   7.6   %
Provision for doubtful accounts           2.9       0.1      7.2       0.4
Other                                     66.5      3.3      64.7      3.2
Total selling, general and                $ 206.5   10.3  %  $ 222.4   11.2  %
administrative expenses

The cost categories shown above may change from time to time and may not be
comparable to similarly titled categories used by other companies.

RECONCILIATION OF CERTAIN NON-GAAP MEASURES

Earnings Before Interest, Taxes, Depreciation, Depletion, Amortization and
Accretion

The following table calculates earnings before interest, taxes, depreciation,
depletion, amortization and accretion (EBITDA), which is not a measure
determined in accordance with U.S. generally accepted accounting principles
(GAAP), for the three months ended March 31:



                                                  Three Months Ended March 31,
                                                  2013             2012
Net income attributable to Republic Services,     $   124.6        $  142.9
Inc.
Net income (loss) attributable to noncontrolling  0.3              (0.1)
interests
Provision for income taxes                        58.4             80.3
Other income, net                                 (0.2)            (0.2)
Interest income                                   (0.3)            (0.3)
Loss on extinguishment of debt                    1.8              —
Interest expense                                  89.6             104.3
Depreciation, amortization and depletion          209.6            213.7
Accretion                                         19.2             19.7
EBITDA                                            $   503.0        $  560.3

We believe that presenting EBITDA is useful to investors because it provides
important information concerning our operating performance exclusive of
certain non-cash and other costs. EBITDA demonstrates our ability to execute
our financial strategy, which includes reinvesting in existing capital assets
to ensure a high level of customer service, investing in capital assets to
facilitate growth in our customer base and services provided, maintaining our
investment grade credit rating and minimizing debt, paying cash dividends,
repurchasing our common stock, and maintaining and improving our market
position through business optimization. This measure has limitations.
Although depreciation, depletion, amortization and accretion are considered
operating costs in accordance with GAAP, they represent the allocation of
non-cash costs generally associated with long-lived assets acquired or
constructed in prior years. Our definition of EBITDA may not be comparable to
similarly titled measures presented by other companies.

Adjusted Earnings

Reported diluted earnings per share were $0.34 for the three months ended
March 31, 2013 versus $0.38 for the comparable 2012 period. During the three
months ended March 31, 2013 and 2012, we recorded a number of charges, other
expenses and net (gain) loss on disposition of assets that impacted our
EBITDA, pre-tax income, net income attributable to Republic Services, Inc.
(Net Income – Republic) and diluted earnings per share. These items primarily
consist of the following:



                Three Months Ended March 31, 2013        Three Months Ended March 31, 2012
                                    Net       Diluted                        Net       Diluted
                          Pre-tax   Income -  Earnings             Pre-tax   Income -  Earnings
                EBITDA    Income    Republic  per        EBITDA    Income    Republic  per
                                              Share                                    Share
As reported     $ 503.0   $ 183.3   $ 124.6   $  0.34    $ 560.3   $ 223.1   $ 142.9   $  0.38
Negotiation
and withdrawal
costs -         62.2      62.2      38.7      0.11       0.1       0.1       0.1       —
Central States
Pension Fund
Restructuring   4.9       4.9       3.5       0.01       —         —         —         —
charges
Loss on
extinguishment  —         1.8       1.1       —          —         —         —         —
of debt
Gain on
disposition of
assets and      (0.8)     (0.8)     (0.5)     —          (3.6)     (3.6)     (2.1)     —
impairments,
net
Adjusted        $ 569.3   $ 251.4   $ 167.4   $  0.46    $ 556.8   $ 219.6   $ 140.9   $  0.38



We believe that presenting adjusted EBITDA, adjusted pre-tax income, adjusted
net income attributable to Republic Services, Inc., and adjusted diluted
earnings per share, which are not measures determined in accordance with GAAP,
provides an understanding of operational activities before the financial
impact of certain items. We use these measures, and believe investors will
find them helpful, in understanding the ongoing performance of our operations
separate from items that have a disproportionate impact on our results for a
particular period. We have incurred comparable charges and costs in prior
periods, and similar types of adjustments can reasonably be expected to be
recorded in future periods. Our definition of adjusted EBITDA, adjusted
pre-tax income, adjusted net income attributable to Republic Services Inc.,
and adjusted diluted earnings per share may not be comparable to similarly
titled measures presented by other companies.

Adjusted Free Cash Flow

The following table calculates our adjusted free cash flow, which is not a
measure determined in accordance with GAAP, for the three months ended March
31:

                                                  Three Months Ended March 31,
                                                  2013             2012
Cash provided by operating activities             $   419.8        $  334.2
Property and equipment received                   (217.1)          (206.4)
Proceeds from sales of property and equipment     3.2              4.8
Cash paid related to negotiation and withdrawal   2.6              —
costs - Central States Pension Fund, net of tax
Restructuring payments, net of tax                4.3              —
Merger-related payments, net of tax               —                40.9
BFI risk management and Allied exchange of        —                1.8
partnership interest tax payments
Adjusted free cash flow                           $   212.8        $  175.3



We believe that presenting adjusted free cash flow provides useful information
regarding our recurring cash provided by operating activities after certain
payments. It also demonstrates our ability to execute our financial strategy
and is a key metric we use to determine compensation. The presentation of
adjusted free cash flow has material limitations. Adjusted free cash flow
does not represent our cash flow available for discretionary payments because
it excludes certain payments that are required or to which we have committed
such as debt service requirements and dividend payments. Our definition of
adjusted free cash flow may not be comparable to similarly titled measures
presented by other companies.

Purchases of property and equipment as reflected on our consolidated
statements of cash flows presented above represent amounts paid during the
period for such expenditures. A reconciliation of property and equipment
reflected on our consolidated statements of cash flows to property and
equipment received during the period is as follows for the three months ended
March 31:

                                                  Three Months Ended March 31,
                                                  2013             2012
Purchases of property and equipment per the
unaudited                                         $   214.8        $  274.2

 consolidated statements of cash flows
Adjustments for property and equipment received

 during the prior period but paid for in the    2.3              (67.8)
following

 period, net
Property and equipment received during the        $   217.1        $  206.4
period



The adjustments noted above do not affect our net change in cash and cash
equivalents as reflected in our consolidated statements of cash flows.

As of March 31, 2013 and 2012, accounts receivable were $821.9 million and
$808.4 million, net of allowance for doubtful accounts of $42.8 million and
$45.8 million, resulting in days sales outstanding of 37 (or 23 net of
deferred revenue) and 37 (or 23 net of deferred revenue), respectively.

CASH DIVIDENDS

In January 2013, we paid a cash dividend of $84.9 million to stockholders of
record as of January 2, 2013. As of March 31, 2013, we recorded a dividend
payable of $84.9 million to stockholders of record as of April 1, 2013, which
was paid on April 15, 2013. In April 2013, our board of directors declared a
regular quarterly dividend of $0.235 per share to be paid on July 15, 2013 to
stockholders of record as of July 1, 2013.

STOCK REPURCHASE PROGRAM

We have had a share repurchase program since November 2010. From November 2010
to March31, 2013, we used $892.5million to repurchase 31.1million shares at
a weighted average cost per share of $28.69. During the three months ended
March 31, 2013, we repurchased 2.1 million shares of our stock for $67.0
million at a weighted average cost per share of $31.40. As of March31, 2013,
0.3 million repurchased shares were pending settlement and $9.5 million was
unpaid and included within other accrued liabilities.

As of March 31, 2013, we had 361.4 million shares of common stock issued and
outstanding.

INFORMATION REGARDING FORWARD-LOOKING STATEMENTS

This document contains certain forward-looking information about us that is
intended to be covered by the safe harbor for "forward-looking statements"
provided by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements that are not historical facts.
Words such as "guidance," "expect," "will," "may," "anticipate," "plan,"
"estimate," "project," "intend," "should," "can," "likely," "could,"
"outlook," and similar expressions are intended to identify forward-looking
statements. These statements include statements about our plans, strategies
and prospects. Forward-looking statements are not guarantees of performance.
These statements are based upon the current beliefs and expectations of our
management and are subject to risks and uncertainties that could cause actual
results to differ materially from those expressed in, or implied or projected
by, the forward-looking information and statements. Although we believe that
the expectations reflected in the forward-looking statements are reasonable,
we cannot assure you that the expectations will prove to be correct. Among
the factors that could cause actual results to differ materially from the
expectations expressed in the forward-looking statements are:

  ogeneral economic and market conditions, including the current global
    economic and financial market crisis, inflation and changes in commodity
    pricing, fuel, labor, risk and health insurance and other variable costs
    that are generally not within our control, and our exposure to credit and
    counterparty risk;
  owhether our estimates and assumptions concerning our selected balance
    sheet accounts, income tax accounts, final capping, closure, post-closure
    and remediation costs, available airspace, and projected costs and
    expenses related to our landfills and property and equipment (including
    our estimates of the fair values of the assets and liabilities acquired in
    business acquisitions), and labor, fuel rates and economic and
    inflationary trends, turn out to be correct or appropriate;
  ocompetition and demand for services in the solid waste industry;
  oprice increases to our customers may not be adequate to offset the impact
    of increased costs, including labor, third-party disposal and fuel, and
    may cause us to lose volume;
  oour ability to manage growth and execute our growth strategy;
  oour compliance with, and future changes in, environmental and flow control
    regulations and our ability to obtain approvals from regulatory agencies
    in connection with operating and expanding our landfills;
  othe impact on us of our substantial indebtedness, including on our ability
    to obtain financing on acceptable terms to finance our operations and
    growth strategy and to operate within the limitations imposed by financing
    arrangements;
  oour ability to retain our investment grade ratings for our debt;
  oour dependence on key personnel;
  oour dependence on large, long-term collection, transfer and disposal
    contracts;
  oour business is capital intensive and may consume cash in excess of cash
    flow from operations;
  oany exposure to environmental liabilities, to the extent not adequately
    covered by insurance, could result in substantial expenses;
  orisks associated with undisclosed liabilities of acquired businesses;
  orisks associated with pending and future legal proceedings, including
    litigation, audits or investigations brought by or before any governmental
    body;
  osevere weather conditions, including those brought about by climate
    change, which could impair our financial results by causing increased
    costs, loss of revenue, reduced operational efficiency or disruptions to
    our operations;
  ocompliance with existing and future legal and regulatory requirements,
    including limitations or bans on disposal of certain types of wastes or on
    the transportation of waste, which could limit our ability to conduct or
    grow our business, increase our costs to operate or require additional
    capital expenditures;
  opotential increases in our costs if we are required to provide additional
    funding to any multi-employer pension plan to which we contribute or if an
    additional withdrawal event or events occur with respect to Central States
    Pension Fund or if a withdrawal event occurs with respect to any other
    multi-employer pension plan to which we contribute;
  othe negative impact on our operations of union organizing campaigns, work
    stoppages or labor shortages;
  othe negative effect that trends toward requiring recycling, waste
    reduction at the source and prohibiting the disposal of certain types of
    wastes could have on volumes of waste going to landfills;
  ochanges by the Financial Accounting Standards Board or other accounting
    regulatory bodies to generally accepted accounting principles or policies;
    and
  oacts of war, riots or terrorism, including the events taking place in the
    Middle East and the continuing war on terrorism, as well as actions taken
    or to be taken by the United States or other governments as a result of
    further acts or threats of terrorism, and the impact of these acts on
    economic, financial and social conditions in the United States.

The risks included here are not exhaustive. Refer to "PartI, Item1A — Risk
Factors" in our Annual Report on Form 10-K for the year ended December31,
2012 for further discussion regarding our exposure to risks. Additionally,
new risk factors emerge from time to time and it is not possible for us to
predict all such risk factors, or to assess the impact such risk factors might
have on our business or the extent to which any factor or combination of
factors may cause actual results to differ materially from those contained in
any forward-looking statements. You should not place undue reliance on these
forward-looking statements, which speak only as of the date hereof. Except to
the extent required by applicable law or regulation, we undertake no
obligation to update or publish revised forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.

SOURCE Republic Services, Inc.

Website: http://www.republicservices.com
Contact: Media Inquiries, Darcie Brossart, (480) 718-6565, or Investor
Inquiries, Ed Lang, (480) 627-7128, or Brian DelGhiaccio, (480) 627-2741