<B>Republic Industries Reports Quarterly Improvements</B>

Republic Services, Inc. reported quarterly net income of $56.5 million. This represents an increase of 10% from $52.5 million the same time last year.

Revenue for the quarter increased 6 percent to $529.1 million from $498 million the same time last year. Operating income for the quarter increased 3% to $108.9 million.

For the full year income increased 9 percent to $225.1 million from $206.8 million in 1999. Annual revenue for the year increased 13 percent to $2.103 billion, from $1.869 billion in 1999.

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January 2001
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