Report of Independent Public Accountants Forward-Looking Statements Disclosure We have audited the accompanying statements of consolidated financial position of Myers Industries, Inc.  (an Ohio Corporation) and Subsidiaries as of December 31, 2001 and 2000, and the related statements of consolidated income, shareholders’ equity and comprehensive income and cash flows for each of the three years in the period ended December 31, 2001. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management,  as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Myers Industries, Inc. and Subsidiaries as of December 31, 2001 and 2000, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2001, in conformity  with accounting principles generally accepted in the  United States. Statements contained in this report concerning the Company’s goals, strategies, and expectations for business and financial results may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on current indicators  and expectations. Whenever you read a statement that is not simply a statement of historical fact (such as when we describe what we "believe," "expect," or "anticipate" will occur, and other similar statements), you must remember that our expectations may not be correct, even though we believe they are reasonable. We do not guarantee that the transactions and events described will happen as described (or that they will happen at all). You should read this report with the understanding that actual future results may be materially different from what we expect. Many of the factors that will determine these results are beyond our ability to control or predict. You are cautioned not to put undue reliance on any forward-looking statement. We do not intend, and undertake no obligation, to update these forward-looking statements. These statements involve a number of risks and  uncertainties that could cause actual results to differ  materially from those expressed or implied in the applicable statements. Such risks include, but are not limited to: (1)  Fluctuations in product demand and  market acceptance (2)  Uncertainties associated with the general  economic conditions in our domestic and  international markets (3) Foreign currency risks (4) Interest rate fluctuations (5) Increased competition in our markets (6) Changes in seasonality (7) Our ability to make successful acquisitions (8) Difficulties in manufacturing operations (9) Our degree of leverage and uncertainties  associated with servicing our debt (10) Raw material availability (11) Fluctuations in raw material costs (12) Changes in laws or regulations and approvals  and decisions of courts, regulators, and  governmental bodies Cleveland, Ohio February 15, 2002 32