dollar amounts in millions except per-share data Financial Highlights *Free cash flow consists of cash provided by operating activities less purchases of property and equipment plus proceeds from the sale of property and equipment. Republic Services, Inc. 110 SE 6th Street, Suite 2800 Fort Lauderdale, Florida 33301 Phone: (954) 769-2400 www.republicservices.com Investor Relations Republic Services, Inc. 110 SE 6th Street, Suite 2800 Fort Lauderdale,Florida 33301 Phone: (954) 769-3616 The Annual Meeting of Stockholders of Republic Services, Inc. will be held at 10:30 a.m., May 12, 2005, at 110 SE 6th Street, 7th Floor Atrium, Fort Lauderdale, Florida 33301 Ernst & Young LLP First Fort Lauderdale Place 100 NE 3rd Avenue, Suite 700 Fort Lauderdale, Florida 33301 Wachovia Bank, NA 1525 West W.T. Harris Boulevard Charlotte, North Carolina 28288-1153 Phone: (800) 829-8432 Notice of Annual Meeting Corporate Office Stockholder Relations & Inquiries IndependentCertified Public Accountants CommonStockTransfer & Agent Registrar 2004 2003 2002 2001 2000 Revenue $ 2,708.1 $ 2,517.8 $ 2,365.1 $ 2,257.5 $ 2,103.3 Operating income 452.3 412.7 459.5 283.5 434.0 Depreciation, amortization, depletion and accretion 273.1 251.8 199.6 215.4 197.4 Income before cumulative effect of changes in accounting principles 237.9 215.4 239.6 125.5 221.0 Diluted earnings per share before cumulative effect of changes in accounting principles 1.53 1.33 1.44 0.73 1.26 Cash flow provided by operating activities 666.3 600.5 569.7 459.2 461.8 Free cash flow* 388.2 336.4 325.7 218.6 266.4 Total assets 4,464.6 4,554.1 4,209.1 3,856.3 3,561.5 Total stockholders’ equity 1,872.5 1,904.5 1,881.1 1,755.9 1,674.9 00 01 02 03 04 REVENUE In Billions of Dollars 2.1 2.3 2.4 2.5 2.7 00 01 02 03 04 FREE CASH FLOW In Millions of Dollars 336.4 388.2 266.4 218.6 325.7 00 01 02 03 04 INCOME BEFORE CUMULATIVE EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES In Millions of Dollars 215.4 237.9 221.0 125.5 239.6 DILUTED EARNINGS PER SHARE BEFORE CUMULATIVE EFFECT OF CHANGES IN ACCOUNTING PRINCIPLES In Dollars 1.26 0.73 1.44 1.33 1.53 00 01 02 03 04 00 01 02 03 04 STOCKHOLDERS’ EQUITY In Billions of Dollars 1.7 1.8 1.9 1.9 1.9 00 01 02 03 04 TOTAL ASSETS In Billions of Dollars 3.6 3.9 4.2 4.6 4.5