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international stock exchanges. Waste Management, Inc. shares are traded on the New <br /> York, Toronto, London, Tokyo, Australian, Zurich, Geneva, Basle, Frankfurt and Midwest <br /> stock exchanges with over $18 billion in total market capitalization. <br /> Waste Management's financial strength and security is appraised highly among major <br /> rating companies. The Company is rated A-1 by Moody's Investors Service and AA by <br /> the Standard & Poor's Corporation. Over the years, the Company has set aside <br /> considerable reserve funds for future and potential liabilities. Waste Management has a <br /> Dun and Bradstreet (#04-757-7416) rating of 5A 2 ('SA' equals financial strength of $50 <br /> million + and '2' equals a "good credit rating"). <br /> Waste Management has the financial strength and expertise to perform to proposed <br /> contract specification. It is the Company's belief that the financial capabilities and <br /> documents filed with the government provide verification that Waste Management; Inc. <br /> has sufficient working capital, or access to sufficient working capital, to finance and <br /> perform the required work. <br /> 2 <br />