<SUBMISSION>
<ACCESSION-NUMBER>0001144204-08-039710
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20080714
<ITEMS>7.01
<ITEMS>9.01
<FILING-DATE>20080714
<DATE-OF-FILING-DATE-CHANGE>20080714
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>WASTE MANAGEMENT INC
<CIK>0000823768
<ASSIGNED-SIC>4953
<IRS-NUMBER>731309529
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>001-12154
<FILM-NUMBER>08949958
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>1001 FANNIN STREET
<STREET2>STE 4000
<CITY>HOUSTON
<STATE>TX
<ZIP>77002
<PHONE>7135126200
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>1001 FANNIN STREET
<STREET2>SUITE 4000
<CITY>HOUSTON
<STATE>TX
<ZIP>77002
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>USA WASTE SERVICES INC
<DATE-CHANGED>19920703
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v119796_8-k.htm
<TEXT>
<html>
  <head>
    <title>
</title>
</head>
  <body bgcolor="#ffffff">
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 7.2pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 7.2pt" align="left">&#160;</div>
    <div>
      <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="4">
      <hr style="MARGIN-TOP: -10px; COLOR: #000000" noshade size="1">
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>SECURITIES
      AND EXCHANGE COMMISSION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>WASHINGTON,
      DC 20549</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>_________</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 18pt; FONT-FAMILY: Times New Roman"><strong>FORM
      8-K</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>_________</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>CURRENT
      REPORT</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman"><strong>Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of
      1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>Date
      of Report (Date of earliest event reported):</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
      July 14,
      2008</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 24pt; FONT-FAMILY: Times New Roman"><strong>Waste
      Management, Inc.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>(Exact
      Name of Registrant as Specified in Charter)</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="top" width="30%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Delaware</font></div>
            </td>
            <td valign="top" width="30%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1-12154</font></div>
            </td>
            <td valign="top" width="30%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">73-1309529</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="30%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>(State
                or Other Jurisdiction of Incorporation)</strong></font></div>
            </td>
            <td valign="top" width="30%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>(Commission
                File Number)</strong></font></div>
            </td>
            <td valign="top" width="30%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>(IRS
                Employer Identification
                No.)</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div align="left">
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td valign="top" width="50%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1001
                Fannin, Suite 4000 Houston, Texas</font></div>
            </td>
            <td valign="top" width="50%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">77002</font></div>
            </td>
          </tr>
          <tr>
            <td valign="top" width="50%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>(Address
                of Principal Executive Offices)</strong></font></div>
            </td>
            <td valign="top" width="50%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>(Zip
                Code)</strong></font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>Registrant's
      Telephone number, including area code:</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">
      (713)
      512-6200</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <hr style="COLOR: black" align="left" noshade size="2" width="100%">
    </div>
    <div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>(Former
        Name or Former Address, if Changed Since Last Report)</strong></font></div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Check
      the
      appropriate box below if the Form 8-K filing is intended to simultaneously
      satisfy the filing obligation of the registrant under any of the following
      provisions:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Written
                communications pursuant to Rule 425 under the Securities Act (17
                CFR
                230.425)</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Soliciting
                material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
                240.14a-12)</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange Act (17
                CFR
                240.14d-2(b))</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 27pt;"><font style="DISPLAY: inline; FONT-FAMILY: Wingdings">o</font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange Act (17
                CFR
                240.13e-4(c))</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div>&#160;</div>
    <div>
      <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="1">
      <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
    </div>
    <div id="PN" style="PAGE-BREAK-AFTER: always">
      <div style="WIDTH: 100%; TEXT-ALIGN: center">
      </div>
    </div>
    <div id="HDR">
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>Item
      7.01. Regulation FD Disclosure.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">On
      July
      14, 2008, Waste Management, Inc. (the &#8220;Company&#8221;) announced that it has
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">made
      a
      proposal to the Board of Directors of Republic Services, Inc. (&#8220;Republic&#8221;) to
      acquire all of Republic&#8217;s outstanding common stock for $34.00 per share in
      cash.</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">The
      Company plans to hold a conference call to discuss the acquisition proposal
      at
      10 a.m. Eastern Time on July 14, 2008. The conference call number is (888)
      562-3356 (U.S./Canada) or (973) 582-2700 (International). Please ask the
      operator for the &#8220;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Waste
      Management Conference Call - Call ID 55878734.&#8221; </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">The
      call
      will be simulcast via the internet and can be accessed through the Company&#8217;s
      website at www.wm.com.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Furnished
      as Exhibit 99.1 hereto and incorporated herein by reference is the press release
      issued by the Company regarding the acquisition proposal.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>Item
      9.01 Financial Statements and Exhibits.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(d)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 36pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Exhibits</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 72pt;"><u><font size="2">Exhibit</font></u></td>
            <td align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><u>Description</u></font></td>
          </tr>

      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" style="line-height: 1.25;">
            <td align="left" style="width: 72pt;">&#160;</td>
            <td align="left">&#160;</td>
          </tr>

      </table>
      <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

          <tr valign="top" bgcolor="#ccffcc" style="line-height: 1.25;">
            <td align="left" style="width: 72pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">99.1</font></td>
            <td align="left">
              <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Press
                Release, dated July 14, 2008, announcing proposal to acquire Republic
                Services, Inc.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
          </div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Pursuant
      to the requirements of the Securities Exchange Act of 1934, the registrant
      has
      caused this report to be signed on its behalf by the undersigned, hereunto
      duly
      authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 315pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">WASTE
      MANAGEMENT, INC.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Date:</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">July
      14,
      2008</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 315pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:&#160;
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">/s/
      Rick
      L Wittenbraker </font>
      <div style="MARGIN-LEFT: 18pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <hr style="COLOR: black" align="left" noshade size="2" width="50%">
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 333pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Rick
      L
      Wittenbraker</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 333pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><em>Senior
      Vice President</em></font></div><br>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">
        </div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
        </div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">
        </div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong><u>Exhibit
      Index</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div>
      <div>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td align="left" style="width: 99pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong><u>Exhibit
                Number</u></strong></font></td>
              <td align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><strong><u>Description</u></strong></font></td>
            </tr>

        </table>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td align="left" style="width: 99pt;">&#160;</td>
              <td align="left">&#160;</td>
            </tr>

        </table>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

            <tr valign="top" bgcolor="#ccffcc" style="line-height: 1.25;">
              <td bgcolor="#ffffff" style="width: 36pt;">
              </td>
              <td align="left" style="width: 99pt;"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">99.1</font></td>
              <td align="left">
                <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Press
                  Release, dated July 14, 2008, announcing proposal to acquire Republic
                  Services, Inc.</font></font></div>
              </td>
            </tr>

        </table>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td align="left" style="width: 99pt;">&#160;</td>
              <td align="left">&#160;</td>
            </tr>

        </table>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td align="left" style="width: 99pt;">&#160;</td>
              <td align="left">&#160;</td>
            </tr>

        </table>
        <table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" width="100%" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">

            <tr valign="top" style="line-height: 1.25;">
              <td style="width: 36pt;">&#160;</td>
              <td align="left" style="width: 99pt;">&#160;</td>
              <td align="left">&#160;</td>
            </tr>

        </table>
      </div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">
        <div>
          <hr style="COLOR: black" align="left" noshade size="2" width="100%">
        </div>
      </div>
      <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    </div>
    <div>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>v119796_ex99-1.htm
<TEXT>
<html>
  <head>
    <title>
</title><!-- Licensed to: vintage filings llc-->
<!-- Document Created using EDGARizer HTML 3.0.4.0 -->
<!-- Copyright 2006 EDGARfilings, Ltd., an IEC company.-->
<!-- All rights reserved EDGARfilings.com -->
</head>
  <body bgcolor="#ffffff"><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Exhibit
      99.1</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><img src="logo.jpg" alt="Waste Management logo"></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>For
      Further Information:</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Waste
      Management, Inc.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Analysts:
      Greg Nikkel - 713.265.1358</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Media:
      Lynn Brown - 713.394.5093</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Web
      site: http://www.wm.com</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Joele
      Frank, Wilkinson Brimmer Katcher</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Dan
      Katcher / Ed Trissel &#8211; 212.355.4449</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>WMI
      #08-09</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>WASTE
      MANAGEMENT PROPOSES TO ACQUIRE REPUBLIC SERVICES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>FOR
      $34.00 PER SHARE IN CASH</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">HOUSTON
&#8211;
      July 14, 2008 &#8211; Waste Management, Inc. (NYSE: WMI) announced today that it has
      made a proposal to the Board of Directors of Republic Services, Inc. (NYSE:
      RSG)
      (&#8220;Republic&#8221;) to acquire all of Republic's outstanding common stock for $34.00
      per share in cash. Waste Management&#8217;s proposal represents a premium of
      approximately 22% over the closing price of Republic stock on July 11, 2008,
      the
      last trading day prior to public disclosure of Waste Management&#8217;s proposal.
</font></div>
    <div>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
      P.
      Steiner, Waste Management&#8217;s CEO, said, &#8220;Our $34.00 per share all-cash proposal
      clearly offers a better and more certain value alternative to Republic
      stockholders than the recently announced Republic-Allied Waste Industries,
      Inc.
      (&#8220;Allied&#8221;) transaction. We believe our proposal is a superior proposal.&#8221;
</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">At
      a
      minimum, the Waste Management proposal should allow Republic&#8217;s Board to
      determine that this proposal could reasonably be expected to lead to a
      transaction that is more favorable to Republic's stockholders than the
      Republic-Allied merger and is reasonably capable of being completed on a timely
      basis, as contemplated by the Republic-Allied merger agreement. This
      determination by Republic&#8217;s Board will allow Waste Management to begin
      discussions with Republic and would permit Republic to grant Waste Management
      access to its information.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.
      Steiner continued, &#8220;We look forward to a prompt determination from Republic&#8217;s
      Board and to initiating cooperative efforts to bring our proposal to Republic's
      stockholders. The proposal also represents a strategic and unique opportunity
      that will serve the interests of Waste Management&#8217;s stockholders. The
      combination is highly complementary and fits well with Waste Management&#8217;s
      strategy and primary financial goals of earnings growth, margin expansion,
      strong cash flow generation and increasing our long-term return on invested
      capital. Based on publicly available information, we expect the transaction
      to
      be accretive to earnings in the first year and to deliver synergies of at least
      $150 million. We are confident we will identify additional synergies once we&#8217;re
      able to conduct our due diligence. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;In
      addition, our Board is committed to maintaining our investment grade status
      and
      continuing our annual dividend of $1.08 per share.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;Our
      industry is extremely competitive and capital intensive. So, it is very
      important to achieve operational efficiencies and to improve route density
      and
      asset utilization in order to deliver superior service to our customers and
      higher returns to our stockholders. We believe that the complementary
      combination of our respective assets, coupled with the operational strengths
      of
      each company, will enable the combined company to achieve greater operational
      efficiencies than either company could achieve on its own.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#8220;Based
      on
      the track record of each company, we expect the combined entity will have the
      systems and processes in place to maximize operational efficiencies. These
      include the ability to improve efficiencies through collection routing and
      disposal integration, to optimize fleet maintenance, to make continued progress
      toward world class safety performance, and to leverage the shared services
      and
      procurement organizations; all of which should contribute to significant cost
      savings. We remain committed to achieving our sustainability goals, which
      include increasing the amount of landfill gas-to-energy that we produce and
      increasing the amount of recyclables we manage. Republic&#8217;s assets will augment
      our ability to attain these goals,&#8221; added Mr. Steiner. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Waste
      Management Proposal is Superior</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Waste
      Management noted that the Republic-Allied merger agreement expressly
      contemplates alternative proposals from third parties and defines a process
      for
      Republic to respond to those proposals. Under the terms of the Republic-Allied
      merger agreement, Republic's Board of Directors is free to share Republic
      information, and engage in discussions and negotiations with a party proposing
      an alternative transaction, if the Board determines that it &#8220;constitutes, or
      could reasonably be expected to lead to, a Superior Proposal,&#8221; as defined in the
      merger agreement. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Mr.
      Steiner said, &#8220;Obviously it is quite important that we be given access to
      Republic information to assist on financing and antitrust fronts and so that
      we
      can identify additional synergies and other benefits of the merger. We are
      encouraged that the Republic-Allied merger agreement expressly permits
      Republic&#8217;s Board to grant us access. We look forward to working with Republic to
      complete a transaction that will create enhanced shareholder value for both
      Republic and Waste Management stockholders.&#8221; </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Regulatory
      Approvals</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Waste
      Management is very experienced with the regulatory aspects related to this
      proposed transaction. The proposal provided to the Republic Board directly
      addresses the antitrust issues and concretely demonstrates the Company&#8217;s
      confidence that these issues can and will be dealt with in an effective and
      timely manner. Among other things, Waste Management is prepared to assume the
      responsibility and the associated risks of divesting assets necessary to comply
      with its 1999 consent decree with the Department of Justice. </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
      this
      regard, Credit Suisse Securities (USA) LLC (&#8220;Credit Suisse&#8221;) has agreed to
      assist Waste Management with any required divestitures. Credit Suisse believes,
      based on recent contacts with industry participants, that these assets will
      attract significant buying interest. Waste Management also believes that, even
      with these divestitures, the proposed transaction is a compelling and
      significant addition to its business. </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      Company believes that a transaction with Republic would close early in 2009.
      </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Financing</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Waste
      Management believes that all of the financing needed to complete the transaction
      will be available on satisfactory terms. Waste Management fully expects that,
      pro forma for the acquisition of Republic,&#160;the Company will maintain its
      investment grade status. Waste Management believes it will maintain investment
      grade status due in part to the rating agencies&#8217; favorable view of the solid
      waste industry on a relative basis; its leading role in the industry;&#160;the
      enhanced scale and diversity that will result from the merger; its strong
      capitalization and commitment to maintain an investment grade rating; its plan
      to use net proceeds from divestitures and a significant portion of the
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">excess
      </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">cash
      flow
      to pay down debt; and comparison of the combined companies&#8217; credit metrics to
      criteria generally used by the rating agencies to determine credit ratings.
      Credit Suisse has advised Waste Management&#8217;s Board of Directors that subject to
      due diligence, market conditions and other circumstances, it is highly confident
      it can arrange the financing for the transaction that the Company is proposing.
      The Company is beginning the process of obtaining commitment letters for
      financing with the assistance of Credit Suisse. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      proposal was unanimously approved by the Waste Management Board of Directors.
      Below is the full text of the letter that Waste Management sent to the Republic
      Board of Directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">July
      14,
      2008</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Board
      of
      Directors</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Republic
      Services, Inc.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">c/o
      James
      E. O'Connor</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chairman
      and Chief Executive Officer</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">110
      S.E.
      6</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><sup>th</sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      Street,
      28</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><sup>th</sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      Floor</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Fort
      Lauderdale, Florida 33301</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Dear
      Jim
      and other members of the Board,</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Each
      of
      you should be very proud of the great company you created. As a result of your
      hard work and dedication, your assets and people are among the best in the
      business, and that is why on behalf of Waste Management, Inc. (&#8220;WMI&#8221;) and our
      Board of Directors, I am pleased to submit this proposal for WMI to acquire
      Republic Services, Inc. (&#8220;Republic&#8221;). We have followed the proposed merger
      between Republic and Allied Waste Industries, Inc. ("Allied") since your June
      13, 2008 public announcement confirming your merger discussions. We believe
      our
      proposal outlined below provides superior and certain value to Republic&#8217;s
      stockholders in a market environment where the value to Republic&#8217;s stockholders
      of the proposed transaction with Allied has been and may continue to be subject
      to considerable uncertainty. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
      Board
      of Directors has unanimously authorized us to propose an alternative transaction
      in which WMI would acquire all of Republic&#8217;s outstanding common stock at a price
      of $34.00 per share in an all-cash merger. This price represents an approximate
      22% premium to Republic&#8217;s closing stock price on July 11, 2008.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
      proposal is based on public information regarding Republic. In order to confirm
      our assumptions and to determine if there may be other benefits from the
      combination, we need access to the same type of information provided to Allied.
      Your agreement with Allied allows you to provide such access. We stand ready
      to
      begin our due diligence process immediately, and request that Republic give
      us
      access in accordance with the Republic-Allied merger agreement. We expect to
      be
      able to complete our due diligence review promptly so that we can quickly
      execute a merger agreement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Our
      financial advisor, Credit Suisse Securities (USA) LLC (&#8220;Credit Suisse&#8221;), will
      lead our financing program and stands ready to devote the time and resources
      necessary to put together promptly a full financing package for our proposal.
      Credit Suisse has advised our Board of Directors that subject to due diligence,
      market conditions and other circumstances, it is highly confident it can arrange
      the financing for the transaction we are proposing. The completion of due
      diligence should allow our financing sources to issue commitment letters with
      respect to the financing, which would be provided to Republic prior to the
      execution of the merger agreement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
      transaction would be structured as a cash merger that would require the approval
      of Republic&#8217;s stockholders, but not the approval of our stockholders. We
      contemplate entering into a merger agreement with Republic on terms similar
      to
      those contained in the Republic-Allied merger agreement, including the
      termination fee provision. Of course, we will need to make modifications related
      to converting to an all-cash acquisition. In addition, as discussed below,
      our
      agreement would include provisions with respect to antitrust matters that we
      believe would be more favorable to Republic than those in the Republic-Allied
      merger agreement. Subject to the satisfactory completion of our confirmatory
      due
      diligence and finalization of the terms of a merger agreement with Republic,
      we
      would be prepared, immediately upon the termination of the Republic-Allied
      merger agreement, to enter into a merger agreement that would provide greater
      and more certain value to your stockholders than that offered by the
      Republic-Allied merger. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      have
      conducted an antitrust review of the combination of our two companies and
      considered the issues that might be presented. We are fully prepared to assume
      the responsibility (and associated risks) of divesting assets that are
      determined by the Department of Justice and the respective State Attorneys
      General to be necessary to comply with our 1999 consent decree pursuant to
      which
      Republic acquired certain WMI assets. We also recognize that such regulatory
      authorities may seek other divestitures or other relief, and we are prepared
      to
      address the other divestitures and relief in the same way Republic and Allied
      deal with those issues under the Republic-Allied merger agreement. We are
      confident that, with access to the information necessary to finalize our
      antitrust plan, all regulatory requirements will be met in a timely manner.
      Credit Suisse has agreed to assist WMI with any required divestitures. Credit
      Suisse believes, based on recent contacts with industry participants, that
      these
      assets will attract significant buying interest. We believe that the proposed
      transaction between WMI and Republic would close in early 2009.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      expect
      to have a WMI closing condition in our merger agreement relating to maintaining
      investment grade status similar to the Republic closing condition in the
      Republic-Allied merger agreement. We are quite confident that we will maintain
      investment grade status given the rating agencies&#8217; favorable view of the solid
      waste industry on a relative basis; our leading role in the industry;&#160;our
      enhanced scale and diversity that will result from the merger; our strong
      capitalization and commitment to maintain an investment grade rating; our plan
      to use net proceeds from divestitures and a significant portion of excess cash
      flow to pay down debt; and a comparison of the combined companies&#8217; credit
      metrics to criteria generally used by the rating agencies to determine credit
      ratings. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As
      you
      know, it was necessary to communicate our proposal to you by letter because
      of
      the provisions of Republic's merger agreement with Allied. Once Republic's
      Board
      makes the determination required by Section 6.02 of the Republic-Allied merger
      agreement, we look forward to the opportunity to speak to you and your
      representatives about our proposal and its implementation.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      are
      confident that after you have considered our proposal you will agree that its
      terms are significantly more attractive to your stockholders than the Allied
      transaction. We believe our proposal is a superior proposal. We think you will
      agree that, at a minimum, our proposal &#8220;could reasonably be expected to lead to
      a Superior Proposal,&#8221; as defined in the Republic-Allied merger agreement. That
      determination will allow Republic to provide us access to information and to
      commence discussions with us with respect to our proposal. We respectfully
      request that you make this determination as soon as possible. We stand ready
      to
      sign a confidentiality agreement with Republic.</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      This is
      a non-binding proposal that is subject to the contemplated execution of a
      definitive merger agreement.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      have
      engaged Skadden, Arps, Slate, Meagher &amp; Flom LLP and K&amp;L Gates LLP as
      legal counsel to advise us in this transaction. We and our financial and legal
      advisors are prepared to move forward immediately with our proposal and are
      prepared to devote our full efforts and resources to pursue this transaction
      on
      an expedited basis.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">We
      believe that our proposal presents a compelling opportunity for your
      stockholders and I look forward to discussing the combination of our two great
      companies at your earliest convenience.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 252pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Sincerely,</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 252pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">/s/
      David
      P. Steiner</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 252pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">David
      P.
      Steiner</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 252pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Chief
      Executive Officer</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 252pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Waste
      Management, Inc.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Advisors</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Credit
      Suisse Securities (USA) LLC is acting as financial advisor to Waste Management
      and Skadden, Arps, Slate, Meagher &amp; Flom LLP and K&amp;L Gates LLP are
      acting as legal counsel.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Conference
      Call and Webcast</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Waste
      Management has scheduled a conference call with analysts for 10 a.m. Eastern
      Time on July 14, 2008 to discuss its acquisition proposal for Republic. You
      may
      listen to the analyst conference call by telephone by contacting the conference
      call operator 5-10 minutes prior to the scheduled start time and asking for
      the
&#8220;Waste Management Conference Call &#8211; Call ID 55878734.&#8221; US/Canada Dial-In #:
      (888) 562-3356. Int'l/Local Dial-In #: (973) 582-2700</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>.</strong></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      It also
      will be webcast simultaneously and available on Waste Management&#8217;s website at
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><u>www.wm.com</u></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">.
      </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">For
      those
      unable to listen to the live call, a replay will be available 24 hours a day
      beginning at approximately 1:00 p.m. Eastern Time on July 14, 2008 through
      July
      28, 2008. To hear a replay of the call over the Internet, access the Waste
      Management website at www.wm.com. To hear a telephonic replay of the call,
      dial
      (800) 642-1687 or (706) 645-9291 and enter conference code
      55878734.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>About
      Waste Management </strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Waste
      Management, Inc., based in Houston, Texas, is the leading provider of
      comprehensive waste management services in North America. Through its
      subsidiaries, the Company provides collection, transfer, recycling and resource
      recovery, and disposal services. It is also a leading developer, operator and
      owner of waste-to-energy and landfill gas-to-energy facilities in the United
      States. The Company&#8217;s customers include residential, commercial, industrial, and
      municipal customers throughout North America.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Forward-Looking
      Statements</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This
      press release contains forward-looking statements regarding, among other things,
      the proposed acquisition of Republic by Waste Management and the anticipated
      consequences and benefits of such acquisition, and other financial and
      operational items relating to Waste Management and Republic. Statements made
      in
      the future tense, and statements using words such as &#8220;intends,&#8221; &#8220;estimates,&#8221;
&#8220;expects,&#8221; &#8220;projects,&#8221; &#8220;plans,&#8221; &#8220;anticipates,&#8221; and &#8220;believes,&#8221; and similar
      expressions are intended to identify forward-looking statements. Forward-looking
      statements are not a guarantee of performance and are subject to a number of
      risks and uncertainties, many of which are difficult to predict and are beyond
      the control of Waste Management. These risks and uncertainties could cause
      actual results to differ materially from those expressed in or implied by the
      forward-looking statements, and therefore should be carefully considered.
      Relevant risks and uncertainties relating to the proposed transaction include,
      but are not limited to: the risk that required regulatory review and approval
      may not be obtained in a timely manner, if at all; Republic&#8217;s directors and
      stockholders may not approve the proposed transaction; the anticipated benefits
      and synergies of the proposed transaction may not be realized; the integration
      of Republic&#8217;s operations with Waste Management could be materially delayed or
      may be more costly or difficult than expected; financing may not be available
      or
      may not be available on satisfactory terms; the reaction of the credit markets
      (including rating agencies) to the proposed transaction and expected
      refinancings may not be as anticipated; the proposed transaction may not be
      consummated; and legal proceedings may be commenced against Waste Management.
      For a description of relevant risks and uncertainties generally applicable
      to
      Waste Management, please see Waste Management&#8217;s filings with the Securities and
      Exchange Commission, which are available on Waste Management&#8217;s website or at
      www.sec.gov. In providing forward-looking statements, Waste Management does
      not
      intend, and is not undertaking any duty or obligation, to update these
      statements as a result of new information, future events or
      otherwise.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">#
      #
      #</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN">
        <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 logo.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`2`#,`P$1``(1`0,1`?_$`,\````%!0$!````````
M```````&"`D*`P0%!PL"`0$```8#`0$``````````````@,%!@<(``$$"0H0
M```&`0(#!0,'!`X&"P````$"`P0%!@<`$2$2"#%!$Q0)46$B<8$C%187"I'4
MEACPP3)"4F(STY0E5597ER0T9#756*&QT5/#E;7%)D>'$0`!`@0$`P0&!P4&
M!04````!`@,`$00%(3$2!D$3!U%A<2*!D:$R%`BQP=%"4I(C\&+2%@GA\3,D
M5!5R@J)#4S0U5396_]H`#`,!``(1`Q$`/P!&WJ+U"W=/W7%U,XK:6.U,(:#R
MC+RU8;&GY4A`K%O31M<$!2^8^))-A+@F00X?1^[32NWE?D#QBF.YZ!VS[MJZ
M-2E8IGF>,(M^W5S[K?9_T@E_8'^TZ*23I$-OXEQP#S'RX9GQC:F"<\7/%.;\
M.9.&V3ZB6/LHT2W.4G4U)KMEF,+98YU(HKH++'25268%5*)3!L(#H:"=8..<
M==OJW*:Y4M05&3=4TK,_=6DQU*HU\TEH]E*,5068R3-M(L5B[<JS20;).6ZA
M1*(ARG34`0V$>W3MF>3/@1%XD+2\WJ29AQ(4/"6$:,ZJ\TQG3OTW9OSC*'`J
M&,\9VJS-DQ,"8N99I%K$@F)#&X%5?S:[=`G?S*!HHJTTJCQD3"-N"XMVFTU5
MT<,D,L$>DX#VD1R^G61L@R;IW*R=SM"TE+/'DK)*FGI4HGD9)TL^?FY2.S$*
M`NW!]@+L`>S30:)FK$^]]0BEBJAQT\S4KS$G,\23%#[=7/\`O?9_T@E_SG1L
MS&N8Y^)7K,#[=7/^]]G_`$@E_P`YUDS&<QS\2O68F:?AJ>HE[?\`I\S)@2RS
M3B3L&'L@HVJ"^L72[J04IN1V?C'#Q'*JZBC=E9(AT._,(!YH`]FENS*_14#V
MQ9#H]=4.VE^R*)Y[)U>A7[")+8[;;]P?]FVEGZ8F)&*)=HE$'3\1YG::ENMR
MC8MK]AE(UAB7"\/]8-HJ3>,DSV'($O(6!<SHC5PF4ZQ85BRY>8HB`#[]-FZ*
M/Q8$\`/IBLW62X![<%-2-JQ8:5.1_%(Q'[^W5S_O?9_T@E_SG7#,Q$W,<_$K
MUF#UC%>^9$R30*$SMEH46N%RKM?.0D],B86LE*-D'PE`KC?Z-D*AA[@`!TU-
M\WEW:^PKON*H6$HMM$\M,\)ZT$#VRA>VS:*C=6Y[38J<J+]76M)4`3/R+"C[
M(F,DDY9JDBS:RTL1LQ008MB_63LW^CLTB-D?B,MN;Z-(`W'MVU\YO\T;CKUK
MK5U*FU.N+5(J/%1,\X]M6Z=#"ET\AH;(2,!D$I$?1F9W;_?$M_Y@Z'_QM"%]
MW!_K3^8_;!A8;6-,AZA'GZZG?[8EOZ>Z_GM;_P!\W!_K3^8_;`?@D=B?4(VY
M@K(<I3<MT>:?2KY:,-,HQ<HFX>+*I>0F`&/54.510Q0!$ZY3[_Q=3#\O75.[
M[*ZM6"\5JE*HS<`PYJ49<MXALG$\)S]$-S>-J%UVO64#:1S&TZI`8S&/CPA^
M%'82`(;;=VW?V<1^77T4))QG+3/#PS$4_".6`CLPBUE7K>,C7TD[.";6/:.'
MS@X[;%0:)'76'XN`?1$'7-7U]/:Z%ZY5B@BDIVEN+4<`$H25*/J$'4[2GWT,
MHQ6M0`\291'MMEXL%KM-CLJDO)I!.S4C)I()OER$;H.G*BC=`A"'(4I4T!*&
MP!PU\TW4'J+N'>._;SNM*U@UUP=>`U'!#:CR\)Y%)BYEDMB:&T4M&I(U-('"
M"]]=3O\`;$K_`$]U_/:;'^^[@./QI_,?MA1^#1V)]0@?74[_`&Q+?T]U_/:S
M_?-P?ZT_F/VQGP2.Q/J$&NB7B;J]UJ=B/+21TH>PQ+U<BKQ90AVJ3Q+S9#)J
MJ&*8#M1.'MXZ?'3'?UVVGU*V_N*NJBY24EWIG%C49:0X)DXY`0DWVVH?LU33
MR22XRI.7$B0]L2#&JZ3E!-R@/,DX3*L0VX#S)JE`Z9MP[C$,`A[M?2#3.M55
M*U64OFIZEL.`YX.)2H>R*;.(+*U,K]Y!QB[TI07`UD9$&_\`$K8?^R'6)B_+
M[1L9*/S'B%.,D%P3(0B]GQK,*1BO,8O%14U>F60@(\>4GLTV[TRE*TK&9$5@
MZST3E'?V+M3C%](2J>(PPP'`^DQ'/TGH]V(>1^DM:4^[KX^`BFJF"R:B(B(>
M,0Z0"&P;"<HE`=Q`0``$=:<64`*3G,?3&GG7`V5(EK&(\1E'36],_+@YTZ"N
MEC(ZSDKJ3?8BJ\%.J<_B'"P4Q#[(3)7`[B(+B^@CF-OQ^+3L8<*Z,%69$7;V
M=7*N>WJ*N<(+AIDI,LI@2EQ^F&L?Q)6?@H72%1\%1[X4YK/V26HRS9%;D6-1
ML;D3L<H99,!*;RKFQFBT1W`0-N(:X;G4+IF@TW*2AQ]$,;K%7\G:BK:D@.52
MP%]H2"/=[,AV\8@]]P!V[!PW[=NX/D*'`._8-(*!($]IBL0_10EM'NA(S@:'
M&<U7=`UD9S5=T/1^@IGP<)^H91*V\=BTKN?*Q/8>EBJ*[(J3*B8V*DK')N4G
M.$]!@V*`!N3S6W[[<.FAK'*=T,I`T*[<XDGIC=G+;OAIN8^&KFM+D^"@#ITG
MAB!.<\)QT%B"!R"!MM^PX>P0`-P_+^3LTZ=1TA0SPBV8DA4D^Z(YDOJ599^^
M[KVZK,A(.2NXQSEZP5B%<%5\5-2$H@ITN*\(1W$J8MX`3D#?;E4'VZ:U:LN5
M)48I/O&Y.73=-95N2DES2F0D)3ECB<81!KFAM\U7=#@7IE4<UPZKJ[*JMR.&
M6.:]8;DY`X?R3[RJ<%#B`?\`>%>3',7^,4![M5"^=K<AVUT)J*.D=(KKLZS3
MI!,YM*62X0!+S`#`Y##`Q8CY4;*J[=8D71U)52T*2\)9!R0`GGA+AGWQ)J2$
MO)\`[D`3`7O^$!V`0WX\IMMP^77B:4(3)N4U)$C/MCU@6=82L^\I,SZS%0>.
ML"4#[HC23I,QG'G8/?K<D?A3!G.5W1ZV.(!X8?'ON4>/P&*`F(?@(#\!P`0]
MX:(=?-`DU*%*YU.A+B#/):"5))].<!!":A;9$VZE!"O5]WL]L/\`&%;H6]XK
MI-H(H55:0@VJ;P=A`P24>'D)`A]S&'Q/--S"/RZ^DKH7O8=0.E5@W&I:'*NH
MM[8?*<@\A"4N)`F9>;M)BF&Y+<FU;@J:`3#*73IGG(F8]D:WZMKPI4,'VGRZ
M@$D+(9K5&90`04_K<YB/C$V,`@)8Y)4=^[47_.%OEW9?0F[/%Q#3ET*:%K@O
M2^%!PIQ]X(!(,B$YD&%WIS:F;SN=I+FKD,!3BI=J):1D?O$>,,G$*4I0*`E'
M81_<[@7M'8`^0.&OG_I7G4MEUS"H6D(EPTB?#M,\3/'"+9EU>LKPF1+N@;![
M]=LD_A3&^<KNCYL'OUDD?A3&<Y7=%-4@&()!$0`P&*([["`"0^^P]QMNP>X=
M%NMAUI3:0$K4D@$9@\".^"7CS@EM?N%0G#]73W:AN6',?SBAP,Y5@&T>^X"!
M@?1(#&N0-N8PB;G;<>(Z^C'Y<=YC>G0W;FX%*2JL5;VF798`/-#EJ$IF6*9R
MGD8ISO.@3;]U5=,V),*<)'@<?KC=FISAN0-9&1',_$HX<"[=&]"RZU;"K)82
MR_$"Y732`RB-9R(R4JTAXBG:1N$V$<8W<`@&DB[TZW$!298?M]41)U@H$U>W
M/CT)FJD6"KMD9>[VYCLXQ!RY@-Q`=^`;AQW*.W[DP"`;"&D-(D)&*L`S)5P)
MG[!``HG,0H"4-SEW,8-P*7?XA`/X7+OMHM[W/2/I@UL!3@0?O&7KPB<A^&NR
MS]KNBB^XJ=.`6D<-9IG&Z*)S<XHUZ_1T?:6!2AON"7UR$D!!V_>Z<E"\VNF"
M!F,/7%H.C]R^(VXJW$DU5-4D'LTJ((D>.`,^R&./Q!V?_OAZ_93'\:]!S7.G
M:E06/$DDE`,@2US:06ZZ+"0-P(Y36E&+4_'?9L'8.X`G75Y-0O2B?EPQB+NJ
ME\_W'=CMN9)+##>G'+4)SEZ88W'MTFZ@VF:LHBT*"UH:'OJP]I@UM*-:WU+G
M\B-(5VO2ZO8J[4Y^P%+LQC+#;&4Q(5^,7.;81<2+2`=G*!=_Y$=^T-SD)*VN
M</<^V.GX.H+#E2E,V6E)2HC(%6`@J"`AV\.`#\H#V;;>W08Y%*",X-E#N\WC
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M\U7OK\Q\<OJB\C0(91/\/UF/)C<H"80$0#;?;N`1`-Q]P;Z&3*0Q))`]<"4=
M*2HY`$^J,Y8*_*UB44AYEOY9\DV8.S);B8/+R3%O(-3E,(%W`S=R7?AP-N'=
MI=W3MV[;.O:MOWQHHN20T9)\R2EX30H$@3$LS+".2AKJ:XTIK*4S822)Y8@R
ME&$,&_`!VW$H"(=Q>8.8?E`.(>\--[D(>:4W4<</1':Z2HLE.:/>_LAT/H'N
M*KVIVZC.E$S+5^6).QZ._P`7U?-D%-SMWB0D@V,(\.U37K[_`$YM]O7'9EUZ
M>5*A\1:Z@U#/;R:C2F4_W5MG#AJ';%<^L5L:8O#-R1@AU,CXI_OC7O7I<!=6
M2F49NKLA$,'5CD4`V$//21BLH\I]NPR;-NH<`'C](.HI_J.;R:NN[;'T^0\O
MDT%(:I]L>[S'E$-<<5)2A4Q+`$9SAQ=';6TU05%X4#S'EZ$']U/OS[)DCU0@
M#YQUYJI:7I=URU?<_M[(FB,M7X*3L\W%5V&0!S*S+U)@P;B;E!5PKN(<QMC<
MB9"%,8P[#L4HCI?VS8[ENR^4FW;.WJN=:^AEL*\HU+G(J,C)`EYE2,L,(YKC
M6,6NE7659DRV@+,L3)64LL<,8Q)BF(8Y#E$ATSG3.4W`2G3.9,Y1#N$IRB&D
MUYERG>4P\-+R%%*AQ!!D0?2(Z$*"T!:?=4`1X&/(E`X`41$`$2[B':``8!';
MW[:XJM3J&%+9_P`08QLI)22,P)PZIT%64[_'UGJ:R@&7K=D,]:I[AN1A.MDW
M'(7CORE>MU`WVU[+?TY-VT]WZ9W;:I6M1MUS#S:5"0#50CR2QSUM+U#A,=L5
MNZNVIVEO5/<AI#3R,9''R]H\#"_=>B<1/`UD9"*_4-PN3/\`T1=3N*TFX.)&
MP8EM;R")R`H?[2UED:U5T40$!$%C3,0B4HAQ#FX;:Y:X$MGB=/T?V3A#W3;F
M[E8:ND6)AQE1]*1,?1',/2.)TDS&`0,*9!.!@V,4XD**A#!_"3/N4?>&FOQ/
MC%&4B29<02/42(J<>[M[M%/>YZ1],%O(4MLZ#)0\WY<?JB17^'6ZCH;">8NJ
M>NVR0*SJ\KT\RF7ER*+>&D9SA-RK(2R@`8!#QQK4^N.^VXE2]VEFU$`$'+]C
M$V=&+HF@?K&*@^53/,Q,O=$_7(0PEEC),SF3*62,NV%0ZDYD^\6B]R8G6%42
M+627=R0-A.8.906":Y$0#L*4H`'``TG+Q62<YGZ8B>Y7`W*Z*NBCYWG5@_F,
M$'?8-_E_(':/S:WR@MJ?&<<"VBEURI^ZD:1X_L8E?=)_I_GN?H&9[>J0A5LD
M9K<3W4A4A,D4[Y0F(ET_N^;HB<3&*:1B*W("F)>7_>1NX1`5%#&FV*..J8/J
M/]\6"L&U$M=+:IQT:JJI2'AAC)LZA+P$XB?D.F=-(Z?,)#EYP`?WHJ")]MNX
M?BTEXQ7<K*Z)ESB7"#VC'C'O8!X'#<HB&Y?X0<P`8N_\8.WW:(9_Q(-4KDO/
M('!,_9$E^L]:AGGX=;(&.G,L*EUJ61XOI01*90/.GJ]FL32[PJQ`XF,B-&(]
M;%W'8Q&AP[.&E\*/^VJ'#5+Z#$Y,[H+_`$AJ-1)>2>1WZ<#EPE.(T'';B&WM
M`=@$!]FWNT@-9^F(,94=);/!(^DQY$=N(]W'1_&4".`G$J3T_P"AC0.E+%+%
M=([>2LD7(7F3*HF"9U5[3(G=-#J!M\1R1*3<`_B[:\$OFMW@YNSY@[W6OF=)
M;%IHT8S$DI`,N$IDY1Z\_+OMI&WNC5$L)DY5(^)(E(S)/#/("%F_LX:KRTDA
ML*X+Q'AE]43>A6&D_=P]@/UP8Z=7U;7;ZK642\YYVPQ$8)1[!3=/4DUA';N*
MD)A^;3MV+MJJWCOBR[7H_P#%KKK3,]TEN)"O9')=:M-!:ZFN7[K3"U>I),++
MZZ:.G"VVGW!F@!&4W"#7G92@!$@D*\7=F`F('P&7C7`%[.Q+5Y/ZAVQE;>W7
MMS?%M;0FCKK<JB7I$OUF""@GA/2Y*>>$1=T@NZJZBK-ON&;R5FI!_=R(]8G"
M$=>>/CG$OPI;I&N(U+-\`BHH*3&V-G56>B/\F)G90<QIS;B!0%.0;@`#_''5
MK/DJWXG9/S!6ZEJ%Z:"\M+HU@F2=1&IM1)P$E<3#`ZE65-WVI4/)$ZBETK';
M(F1EZ`8U_G*X_;W+E[L9#"9H>;<QT:`[C_5D0)(QF<!$=N4Y6XG#L_E!U&WS
M#;Q:W_UKW!N9M2BP:]QED$SDRU)"9=V!.&$S"ULNV)LVUJ6B4/UE("SXJQ,:
MIU#D.6%A]$E."PY=6L3A,JC*EP[F0*!B[B$E)",:Q*`CP\1-%18^_L#5XOD#
MV.[O'K$=T5K:3;K';W5$$3'-J"&VCXITJ/;$6]6KHJCV^&DF2GWBUWZ4`*C0
MN8ZW]D<K9!KQ2E*DQM4JHV`@"4HM9!89-MR@/8`(/`#YM5WZ\[:.TNM&Y[)(
M!AN\/J;`P`;<(6B7=(P]=KU9KMN456HS4NF1/QE(^G"-;`&^HD6XEMM14/*H
M2]<+P,CZ(67T.V@8?+[R`44,FA;*VZ;$#?8AY"(6+(-MP'@)O+&6`/=OJ\W]
M/7=+VW.L+VTG%?Y2[4CIE/-5.`I/I\Y[XB?JI0&MV\:Z4UTSH]2L#](AX77M
MY%;(&LC(M'#=%P@JW7(51%P445DCAS$515^!1,P=Y5""(#[AT!!_3,\L8"-*
M):N(T^O^^.6KU?XG5P5U5=16(%&YFR-`S'?(2,(8@)B:"-.NI*O+%('`$EX-
M^W.F/>0P#IJOB3RAWQ1C<5O-KW!6T2LT5*O;C]<)TT5"4A.I4H-53NMGH[F9
M=U:7<PKFP5BQ4N8<M3?&\JUMCS15BASE'8`2DF!Q(8>T-;!(RXQW-5OPG$C@
M8*@<```#;8.SMV]V_?K4)Y.HD]L&&I5>6OENJ=#@$%UYZ[66`IT,DW2!5=:3
MM,LUAF)4"B(<Y@=.B;D[#<-^&AM_XDXZ[=2*N5>W;D8J<4/ICJB8CQ/7<2X;
MQWAN(9H!6:'CZMX^09\@"@M&PL&UAE@.00`!!Z5(PJ=FXJ&-WZ=S8`1IX`?5
M%X[70)HK33V\CRM-!,O$2,<S#K(PHOTY=5O4)A!1NHW:X]RI:XV$*JGX9E:N
M_D%)NJN2$+N4$'%>DVQD]A'<FVF;4B54H'.9BF>[K4JS;AN%$K-PD^N9A-6M
MPVQ@`.Z#2VNMG9TN4QXWEW1*9-V>'N<I``?9BZL]?BY6%AY8Y.SQV<7..DP]
MH*:W,REPA5I:WD4JF)X%4Y>B"MW[CQ'C\^^@+<6T.8W[PA/#DJ@.<%>7\V$9
MJMPKFS6.`J[),RSZRSD1`-")[>**\R_0BTP2`1#<_.]*(>\-(^X[O3V/;5RW
M/5G2U;:<O$]P!/U0K6&U+W#>Z6S-":ZIX-`>,OMB:%!PC6LPD+6V)128UV&B
M(!FD'[UM#1Z,>F4W=O\`0[_*.OFXOMW=W%<7ZUTS#C[BYGCK6I7UQ[D4C/P]
M&S3_`/C90G\J`GZHRO?\OS^W26BH32N-)8Q&LS_YI"#N1K5SNR%+](->)9,Z
M5DYR&.A76TK8U!V^`%6+8&[4#CQV$7#P!+[RZMQ\DNU?]^^8&W,/IG:[6U45
MBSP#C:4\O_K4##(ZF5H9V;4,\7%H1ZS#A'6#4?M1A.P.$4C*/*HY96AKR@`J
M%3:+BA)`'#?D/'N5!'NV*.O2;YU-DM;UZ%5U>TV55]IJDUB1QDGRJ]AGZ(@W
MIK<A;-TTPG@Z"WZ\O;#+_#NXAW#[N[7A/%K(KM7+EFY0=M'"S5=NJ59%=`XD
M6163W,BJB8/W!RJ;?-H+56[;ZKXMB?-`D)9P%0"@4JQ21(CM!X12,83"8QA$
M3&,)C"/:)C#N81'O$1'6.UCMPJ15/X.2(C8`&`RCS\FA1N';>A2H?4N*I&T+
M)"5[<[`Y<$5,`ASQL.!HMF!!$`'PA7*L8/:(Z]I?Z>^QZ?:_1MW=CS936WVX
M*49C_M->1L^!)68K;U?N@N6Y6Z<'RT;01Z3B?JA*?7'7@A\R(2Y$S)I6BM1;
M\3=I#.XLRL4X$FW$3&;II`;AWAJF_P#4&VTY9NM3=WID%-#>[=3J498%U!<0
MOTR"2?&)!Z25XJK`;;.:VWUGT'282`/$/9^UJD1=E3H81[B"?^G^^),;7J<T
M]BP(/^);,>GY1H5D`X)I1MGB`<G$>'E'SH8YX13LV3.V=FW'N#4C="]V,[-Z
MO;;W.^9,T%;J5/*2Y)/L,)F[*(U^V*VWIQ64$CT"?U1(-`P#V>P!`>X=^/#V
M\-?2TE04D*3[I$XI;E'K6XR*:A0$H[@([;#L`[=@[_DUH`)3I&1@*TA8`5P(
M/I$0&OQ$>'C8W]09S>VK1-M%9UQ;3[JFJ4HE24G*Z5U1IT#&`/C=_P!3,U#;
M]RQ=]-ZXMI;J/+/S"9\9F*L]8+4Q;]S)K&$D)JF0M9))FYJ4F8[!I2G`<9GC
M#%'R#N&W;[?9P[M<$1*%K;?T#,"!K4:=0'3-<#6X%EA#P'H7X"^_7U$L4OWS
M/S=;P@QFLTSXG3!1!)W76_U93RJ@80#=6V2[90O;Q;[[<!UV4+277_/D!.)&
MZ3V<7+>(J'TDT].R%B6'G"CGV\,(Z'"@`9,0$>!@_+OOP'MX#IPK46U!*<B8
MMSJ5R]8]\8^K*(/_`.)1P*-%ZL<9YVCFA4HC.6-@B)A=-$"`K=\:.4HU4#&*
M'*HL]K$I'B`B._*@8>[2%=Z=MK]=$]9GQBL76JV+9W'1W)@29?:(<.8*@9"7
M9A++.(X_Y!]X=GS>[2<,1$/'.!K<!*03,P/V=_[6@J7HD/QD)_-A`5C`$>\E
M04/$&8]L+.]/Z@)W_JOQ:DZ;D7CJFYE+W(<X"=,A*O'J.F(JA^]*I+*-R@/\
M(`U6SYL=U';/0/<$UA#UU;:HT88DJ6>:$]AY9P(RS$3Q\NFWA>>M%K;6DJM=
M(?B%`')P<2>S`>7*)46XCQ'M$=QX[\1XCQ[]>$*&T-HY:/=CUW,IF64#M^;M
MUQ\A+#HY,YJGGCB,H#SE-@IPY<I^F'$?3ZJY5I+(=O4)N1JVC:RT/N8!$ZQU
M9!X<`[!YB%3#W?/KU/\`Z;>V2_6;FW96-SD&&&5Y2"PLO#OGH1X2PSB#>L%P
M4FFH:!"I%P*<<':4D!'@,3AQ]$.334.RG8N3A'Q?$:2T:\CG28_%SM7J"C57
M<H\!Y2J\/?KU)OEBMNXK35V2ZHYEOKJ=3#J02)H4"#(CW3(F2AB#(\(@ZF?=
MI*INL8.FH:6%)/81(Y<1AE$=ZQPCRL6:P5I\02.("9DXA4!`0$18.U44S<>/
MTC<$U/D/KYD=V;?N&V-WW?:M4G156^I73`'_`,J5J$^\2TX>GC%VK?6T]PHJ
M:K9,TNI!)[R!.79C&)_9^S?3?96'/U0.,HZ,=2@<@HR\(^\1_)H-1K"=;4@N
M?9!B$@K2#D3%1!LX>N4&3,GB.W2R35!(.(G7<K)(-@#;C](LJ!=O?OKJI6W+
MC5,6NB257"I4$HXS42!EZ8YWGDL(J'5_X38,O0"8D(XZJ25(H]4J2!2E)7X-
MA'F$O`%'";<@NUA#;B99V90P^\=?2]TVVDUL?IY:]GTJ0ANCI&VP,Y835,\3
MJ)F<XI;=+C472O>N%8H*J7EZE$``3[@,!")?4!KW-7J#:T2<JD=+R4&X<;<Q
M@1E&0.FY-^.Q/,,1#Y3:H7_4FVX^_M/;NZZ9,W*6X.,N*SD'$)+?HU)7ZXEC
MHO6I:O%12K."V]0'[V1]DL(;$[@X=W?Q_P"GOUY&TR9-NI5P64_\WWSZ?++L
MB?-'*<PS*M1\1E'DPFV'EX&#82B'`><NXD'?N$IAW`>X=!13MM*UHF%`@SF>
M!F(-6>8E:5XI6)&)`6)+4-RQI1;-X@&/*UR-5<#P-_I:#<K9\`CQ'F!P@;W[
MZ^E_I#O#^?\`I?8MW!25OW"VMN**0`.8$A*Y)&`&L*PX12J_T*;1>ZFA5,,-
MK(3//M'CA*-D^('A^)OP[>SN^34C<P:-<C[LX1>:C1S/N16T.#(C7?B-.D_)
M.=<:].^2L/8UN.3;CC^[6.HSL'0ZW(VBP#4;M$)/B/#1L2V<O181\W6D@.IR
M\B9G`;]ND:YMJ4XE203A+VQ#76';=SO=OIJFUM%QUAR:I9Z<#(=^?=WQ%`_4
M,ZX1#?\`4_ZE!_\`QN\;_P#I&DOD._A,0(-J;D?==JT4+X;.D`$"?TR]L?/U
M#.N'_D^ZE/\`)R[_`/"-;Y#OX3&OY4W-_H:CU#^*!^H9UP<-^C_J3*&X!N;#
MEW``W';B/U1P#6<AW\)C/Y4W-_H:CU#^*)77X=?HWR'@C&V>\Q9AQQ;L;7W(
MELA*-!0E[KLG6K"C2*8T"3</4XN4:MGR;&:GYPX%,)>506>_8`:5+;3K22ZK
M`9=_;$^]'+#66JCJJZYLJ:?6YH2E0&K2$@SXB4SACF#$E/;E`-_<'Y1X?]>E
M5Q!<4".$3""&T>?*?TPR3Z\_2U:>I7HE.^QU3YJZY1PSD&MWZK0-9B7$W9):
M)?**U>W1<3%LDEWKTZL1+E<BFD43F%F4=N&N:Y4:ZQK0T0".V?A$;]2[#477
M;Z$TX"ZIIX*'_#QX9Y1"H#H+ZX0``#H]ZE``.``&'+OL`!PV#^J.S3?^'=&$
MCA%:CM3<TS_D:CU#^*!^H9UP_P#)]U*?Y.7?_A&LY#OX3&OY4W-_H:CU#^*!
M^H9UP_\`)]U*_P"3=X'_`-HUI3*TI)4A15(Z9<%_=)[@<^,:.TMSJE*AJ,"#
MDG(?\T.Q>E;T4]1]$M&6K_D3I\S#37Q("%J-91M&/['#+O4Y)\K+3R[-%\Q1
M.L1-*-;IF,`<>80UY[_/98^H&Y+-8]K;9M==64[=0Z\^6@DI*E)0&Y36"9$*
MU3`X2G%QOE%ME-9[M=[UN-2*4JI]#7,F%)5VX`X>!,/0?='E8/\`ZTO8^_[+
MR_'W_P"K:\XQT1ZO_P#YRY?D1_'%[1N7;4O_`'"FGXJ_AC[]TN50[<:7O]%Y
M;W_[-HM71;JXVL/+VW=%(9DI0"$3*9\//GAQCGJMQ[>6PIMFMIRX92,S+`XC
M$9PZ]T<TB1I.(D$YN*=P\W.STS*O6+]`[9ZBB18K"/!P@H`*(\S1H!R@/<?7
MLM\D?3Z[[`Z*ML;@IS3WFMK77U)."@@R#:5?O)QG*8["8KIU)O5/=]QSI233
MH:2D99C%1P)P).$*PU;^&##175IAVW*9?D;!5*A8)N.M4<RE72L'%NY)!&70
M(,>^*L+9(_@KN"(IJ<>T`'CKQ3^='HEO=_K-6;FV3:ZBLH+@EMU7)2">>$@*
M4H$@2,AC,DF<Q%A^FNYJ`;=:HZ]Y#+[*C[YD)3F`.,Y0F;[H\K?X:7S]%Y;\
MVU5L]#.KS)(3MVY:%8CRHP!X'SYQ)(W1MIPE1KJ=)GD2?7@#A`^Z3*W^&E[_
M`$7EOS;0%]$NKN&K;UQ`F,T)_CC#NG;34E_'4ZL>!,_'%(C='3UA.\/LP4]S
M9:59(B"AWAYR0=3D,^CV7-$%%RQ;BJX0(0RCEZ9,`*`\0*.^IV^6#Y?-\U_6
MFQ5NYK0_2V>VU"GGS4)DEQ($TA&DJF=0&"M([X:>]-U6>GVY4T])4MO551@G
MEF<IX8SEPGVP])L;W=_M^;NU[KA+I2HJ(YARE.0BKLQ"=>J:H/+MABTQ48P<
MR<PQ-&342R9I&6<N'D<^1,9)ND0HJ*J';**``!WCJMOS<;*N6^>@5XL]I8-1
M>T(0ZRD"9+C:@1+CD3#LV+=&K7NBG?=)#(/F\#[.'&&??NERJ/`,:7OW?_%Y
M;L#N_P!6[M>(PZ*=75!+XVY<PV^TE0!0B86F?-*O/DJ:=,LY&<HM&YNC;;M0
MIWXQA"%93.7=@#'S[I,K?X:7O]%Y;\VUAZ)=7Y?_`%RY?D1_'&?S+MG_`.0I
MO6K^&%+/FN:"=(JE580&1($U?O<JG8VT4QF(^S+T]]6IU_"+,B,4T)IQ6VF0
MG,<>739`=<\818OQ)BJ0?8?Y';=O&S='F=I[JI7Z*HH*I99YPE*G49Z,-1U!
M6HREID<YQ4_KHMI^XOU-B6ET/`8H/8)3/=E.$R_9_J'^[[R?G<C_`'5_6_A>
M<\K=?L!]X?VE\7S_`)3R/WA_<I]A?H/._5WEOK_Z;ROB_2:MOS4Z9>;X;F\O
MVY_\/?[(@G1?_@^7I<^&T2G/[_;VZ>^4Y\(D)Z4XE6"_8[%7JI&N)RT3\+68
M9J"2;J9GY-C#1;47*P(H%<24BNV:H"NN<I"`8X<QQ``XCH*E(2/-!+SB64%Y
MYU+=.G/40!XS.`@MR&5L70[2!?R^2Z!%L+0@#FMO9&YU]DTL;813*5S`N74F
MDE+("98@<[<5"B)PX\0T'G-RG,2\1!3M?0MA*G'VDI6)IFI(U#M$SCZ(RY+O
M3CV<:4%PJQKB#0)`:D2?C#6<(\R0+$?#`^<&5\F9$P'!7P>02COOMK`Z@Y0/
MXFFYWP_-;^((GIU#5(Y'3.<HL&>3<;25C4IK#(=(>V]%=VV5JK&W03JR).8\
MICOFZD&B_/*)KLB$$5B"D!DP`>8`VUG-;/$3\1&DUE(I[X=+S9J/P!2=7Y9S
M]D6UYROBS&2;1;(^2Z%C]-Z4XL#W:X5^K%>E*($.9J:<D&0N"D-L`B3FV$>.
MMZVQF0/'"-5%=14B@BK>::6<@M:43\-1$41S#B4U7:W/[TL<#4'SP(YG:OMQ
M61K3J0Y!5\@VGADBQCA[X91-X15!4Y0$=N&A)6DX@@CN,!776X,\YUYGX<F6
MHK3I)X2,Y'UQ9L,V86F'`MHS+N,9%Z5N[7%M&Y!JCQR#5DW4=O7'@-9=4X(,
MVJ1E53[;)ID$QA`H".L"TG$$2\8+:N]K<F6*BG<2.`<092SR)RXQ299ZP?(O
M&L='YFQ2]?OED&S%DSR-4';QZY<G(DV;M&C>:.NY7<JJ%*F0A1,<Q@``$1#0
M`\V<B#X$&-IN=M60E%2P5'(!:,?#&#U8K36:A&'F;79(*K1":R#<\K9)=C"1
MA%W)N1N@=]).6K8JS@X;$()^8X\``=9S$RF1(=^$=#]13TK?-J74-M3E-1"1
M/LF9"?=&$:Y.QN^KCZWL\AT9Y5(QQY22M+2VP2]<CW0&1*+9]-I2*D8T<`9P
MF'(HJ4VZA>'Q!OKGHPTD''N@I-?1+854H?9-.F<UA22D'O5.0]<757N](O"+
MES2[C5[@W8K)H/UZI8HFP(,G"R8JI)/58EX[3;+*H@)BE.)3&+N(<-;22H**
MRE03B#(81E+6452S.C6VZA9D5(4E0]*DDB+.`R;CBURCJ"JF0:/9YQB1=1]"
MU^WP4S*LDFJP-W*CF/CG[EV@1NN8"'$Y"@0X\H[#PT,+9XE/J$#IZZAJCHI7
M6G%#@E:5$>HF+=]E;%D=/C59+)=`C[3YIO'_`&9?W2O,["#]T!#-&?U*XDB2
M/FW152BFD*7.<#!L`[AHLJ;\RD%.HB6,N^`KN-O9J.0X^TFIRT%:0K'+RSG,
M^$9MA;ZE(S\I68NTUJ1LT"D1:;K3&=C'4_#(*>$!%I:)1=*2$>F?QB<IEDR`
M/.&W:&^-ZR`%Z0H3P'V0-+[+]2IMMQ"GD#%`(U)GVIS$^\18)90QNXLIJ6WR
M!1EKB1PJT/4D[;`FLY7:"0KK-30!'QI0KA%$.<Q!2`Y2AN(`&C"0,#G`?CJ$
MO?#AYKGSEIUIU3[)3G/N@7;(N/<>,D)2_P!]IU#CEE#IMW]PL\-6F;A0@`95
M)NXEWS))PL0H[B4HF$-]9J"4<Q02%$<?M@NLJ*6E*155#;.K(+6E,_"9$XMX
M'*6,K17G]LK&1Z/8ZM%)F5E++!6Z"EX*,1(D*ZBLE+L)!>/8IIH@)S&54(!2
MAN.P:#SFCFI)/H/T0*DK:)UA3K#J'&43U*"TD#Q,\/3&'CLXX7FG[*(A\OXM
MEI:272;1T7'9#JC^0D'*QN5%LR9,YA=TZ76-P*1,AC&'L#6E+:4)-E"E3[L(
M`BZVBI(0W4LJ).&EQ!)/=I5.,E"94Q799H("O9)QY8;"87218.&N5<EYH3L>
M8SU,D:QD7#XPL_#$50\/=/E'FVVUKR9'2'3Q3G]L"8K;:XOEL5#;BR3(!Q*C
MAG@"3A%5MEW%+N>+56N3<>.K2=\O&)UIM=:XXGSR;43E<QQ(=*1-)&?-S)F!
M1$$A4()1W#@.AZT3TS&KQ@Q-92+<Y*76R].6D*3JF,Q*<YP7W6?<%(+J(N,U
M8C161$Z2Z"N2J:BLDJB<R:R1R'FB*)G24*)3`(`("&P\=%N/*`_2*#+@3G'.
M+G;4/S^)8"\B.8B<_">?=&:6RWBAI-H5ASE#'C6R.%F;9"O.;O749U9Q(D24
M8-THE22(_47?$6(9$H)B94IP$H#N&L;>2J1=*0HC`2&$&*NEM^)Y"JAD5/X.
M8D*Q_=G/'AA%63ROBV%=S+"9R;C^)?5SRXV!E)W2O,'<"#M1)%I]=-G<DDM&
M>:67(5/QP3YS'*`;B(;F<QDF0E/T0-RXT#*E(>>92M(F05I!`[P3A&,B\S89
ML,@RA(C+.,YJ7DUBM8Z)BK]5).3?N3[G(W91[.57=NUS@`B!$R&,(=V@A:BJ
M3904]@@BGN5L=6&D5##CQR`<0H^@!4XV;L3D_='WWVYMS<W-OS?+O^UH[]3/
M2G5V<(5I^>6&67"+O08*A#OJ186+U#]#_4UB1-EY^3G\36.3KK<$#.%E+35D
M?M56R-2$#G%VI+0B9$P#B)C\-$U*=5.J6)D<(:6][<+QM>OMV2RQJ2>\&8'?
ME[8@VU'"W49UUX1=,Y>GWFLQWIW=%<@:A-7]8G&JUSDT<ENK(G&,$9%DU4+)
MFKTHXV*AXBA20J!-]A#2$@+6P<R$_1/[3%;U4MXW;:RE]*F'+-2E2)B6M*`3
M(88E4I>F%_=&'49DJ`N77EZIN6<97);*%,P-BC!.(*V_J=C5DYO*%A@HFI1J
MS!HO"^<4CTD:.1_(&33$B;998H_$(`90I)B:O1ZX=.U[S<'ZFX[WN3*A7(IV
MFV&BDSF!IG+VPC%M@#K+Z::Y@WKWC^F7J"BLW5?*\EF?(V99U6"F*QD"`R%)
MQK^M1!*?"OGMYC#R1'+MK)"\9<JJ4J83@0J1-N=I"@=<C+4<?HAN"SW^RFDW
M/5T5>B\,/EQU07J#B5*U`8*,\"</9A"X?4&G,3YNZSL,=5\=?+GAJ8O^#Z1/
M5MYU2],[O+G22DD>I2+5W5UC@28>Q,HC)G<Q4DS6@EC(RZ?CD.7G*?1-QDIQ
M*OW?V$.3=3]GOEZI[ZXZZPIRF!E4LE;((GY)%*I+GG@.&,*3]*#"F+.IKIFZ
MJJ1F_H7I<#CNO69#(51M3)CD^/QEDV_1-:N,>PL]*H5\FWA(>7@F+LQR.8LB
M3=9N_2343*HF!0ZK<`:-0(QQ^N%WI_;*6^;<>;NU*#2)=44J+ADI2<4EM&H2
MEP\H![XT%Z/O2CCA_P!"?77FB]8-33SO0X#,->QI<IVJS$=<8>#G<$OVCN.K
M23U%HJNT?*2"R0\J2GB&.)0'?15./\@Y"+T[VW1(VG=:M5(1=$_$!`)QEI5@
M,>/?Z(3AZ5$+CNIOL#,LH5KI^A[83-]?<_5V4>B/.M[SF+=S.P@PJE?S+!H-
MJ;5RJN^0T4JZ2%*,$-U1,&XZ+MH`4,L\I8^N.+8+=(PY2IJ5I;=YI\KM."LX
M\%:#+NQB0;^(6AY>=]-JXL82%DK#)?>WB58D;$QKN:>JIHSZYA,1DR:NG!RI
M`;B()CMI9KO_`$\N$HDSK`VEW9;C*DJ6M54R$33DHK`F`.`$\8CWQV!LY4Z\
M63TG*=5[:&'.K7-W2WF-"Y?5$J2&K6.5Z?'VVZ-Y!XFR59I'33213=`<Q#@M
M$%`Q1,IMI'ITJY1;EG_;]L1*S9[[:WW-AT8YMLKGVG"Y+RH2$I+@)RQ3+QPC
M8O19FV[="70OZD+?'E!O3/*&1>H>(PW@V-:TVT*RB*CR"M,*:X)-RQ@+.&%8
MK:!ETG)0`AW0HAS?%OKIH04T#BAVD1U[7K:_9>S[NPVA:JA-9I:T))\DL2)#
MO/K[HT;CK$G5#Z8V3^D3JT9=)G4)2%:V8]3ZB9.P'@K:QR^K;G[Z0L#:M1%+
MD9R9AF;RCJ&*4D@D43/HU)01!4YM#DI$E2/[?V1S6VEW%L^Z6J^4=M>:IJE4
MGTA049+,YD`F6!GCB#&Y>K7I7MG6+U_^H9DC$D?<4K30\/8XZF\#V-I!2\<A
M9I*`A\6R9XB*<NV*22UB=5ARX.S334\=*0;)@)!^(-<E2"M\Z9Y3RCNO-A.X
MMTW2Y4)>^+IT-O-D33.4SHE,8C3[8/70)UGWFH]0OJ(=?>2\4WAC<ISI1I!X
M^M#3;$FI=<MDE*14XQC$-@AO$72L=ECRO%4R$,9FV,?<!Y=;IG%!]3@'GTGT
MY?WQV[4W!4,72^;BK*9]NZ(I4IDH$ZU@$(D,<R,\H1`OT]]:N.Z-0_4$2Z;.
MH%CG]AFYUU&V7/KU2'D*M8*O9WD6ZK<.G1V4HI?V3LTRHL1X*T>":D>^,B<A
M2$(.@5#E7+4`K/.6'[3ALFV;KH;<QNNGM[J;TM\NK4M05@3,>742)^&4+:S-
ME6L9<]17&W6%UF8OM4KT@93P$R>83^\3'UUNN'\99%-0$HD\'?*;%L%EET:7
MEIO)$F6PH$=N150<%(=+EVZUK<=`^)]R7'P^V''77&GO.^Z&\[D:4O;KM,>2
MA:3)M<L9@C\7'TXP5>EB0=33+U2:[C[I\QU`T&9Z-\RKHY3P50>H*FXYRM-(
MK1`QZ%7I>19Y_#,&;@[Q<&;1*-;O2%3$"`0AN42&$L(?6ED23HX3Q,^^-6=Q
MU;E[HZ&B2+>:91"@X\$JGJEY$G2?'3J.1B\](R-QQ6[9TM1E\KW3Q$7M/*P#
M]57+HHSC)=0#9^^F'PP:S'/S=%&@P[DRRJ2C)VND"+%OLFIN;CH%M_[@P&)X
M8\((Z<,45,*)IU-*AXOY)9="\\N8M`$CQ&K'QA*>$*/E7I@L++U&J3CBXS-C
MPGUYY#Q_;ZLA7K$W?V;']N@)AZQ<)-$XDRRL<^75?LEG229T.9PD;?<N^C:5
M)#Q6.W]L8;EIHKE87E[PH$J6BGJGAR@,3JEP])]4;TZ0^FK(.-O4/],G*]VJ
M5J6N_4:^MG47DV2=5V6,A!/KY8<D*5Z.E'GD3-XAXC7@17<)KF34!5UL;;E+
MKG921<B3Q`A<L%@NM#NZR5M3SE//AUQ_')9`(!Q[S"?^EFLU"L6_J$-E^J8+
M@_/YCE7D.7J1Z*\Y]0<A)19;%.%>N:9*8^:-6M7C!*J!5TE^<5UC)J$W*`Z+
MIQ_FE3EF<Q"5MHH16U9JT,I_S(,G677'"K4J<E)0H`92&J8.,H5!U7='5UZE
M_4$]0VT8J@['"V[#N),=9[P/,QE?F8>(F9BC06+WGU+7UGD>@@+Y:LF6/'-R
MJ"NV=-DR&*(F,&NEL3KB<?<,+5QL#M]WA<ZYAHIKF&D.MD(=1KY8GH!6$C&>
M`SP[C&]/2RJD1Z@G7-U>W3JOP"ZEZQF#`&.IBXU;(=5GF,!+W:ES%"9&DDU'
M3*,(HHM-0ZK]!(AP,@50""4>7?1E+YZE15F08Z=E,.[MW36U6Y;>MIKX>2PN
M?F(PGG,P?O0(Z0<4S.9^K2_9+P4P^U^$,TUYW@BPV>LS$1(TE,DGD1F9>HN7
MB;$KA,C1JW`3B5<H!MN.B[8!J).8]D*72?;M"FNKJJLI2FJ9<_2).,IJRQEV
J1+K^D\'FX^)S\W)S\/9R<WL[^SMTX-(U2X=L3WJ7R=6@Z]/NSQ]<?__9
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
