TABLE OF CONTENTS 1 Letter to the Stockholders 2 Commercial Services 2 Residential Services 4 5-Year Financial Summary 9 Management’s Discussion and Analysis of Financial Condition and Results of Operations 14 Consolidated Financial Statements 17 Notes to Consolidated Financial Statements 24 Unaudited Quarterly Data 31 Reports of Management and Independent Public Accountants 33 Directors, Officers, and Stockholders’ Information Rollins, Inc. is one of the nation’s largest consumer services companies. Through its wholly-owned subsidiary, Orkin Exterminating Company, Inc., the Company provides essential pest control services and protection against termite damage, rodents and insects to approximately 1.6 million residential and commercial customers. Orkin serves customers in the United States, Canada and Mexico from over 400 locations. You can learn more about Orkin by visiting our Web site at www.orkin.com.