Republic Services, Inc. Announces Redemption of 4.25% Senior Subordinated Convertible Debentures Due 2034

Republic Services, Inc. Announces Redemption of 4.25% Senior Subordinated
Convertible Debentures Due 2034

PHOENIX, Nov. 2 /PRNewswire-FirstCall/ -- Republic Services, Inc. (NYSE: RSG)
announced today that it has notified the registered holders of its 4.25%
Senior Subordinated Convertible Debentures due 2034 (the "Debentures") that it
will redeem all of the Debentures outstanding on December 2, 2009 (the
"Redemption Date"). The Debentures will be redeemed at a price equal to 100%
of the principal amount of the Debentures, plus accrued and unpaid interest up
to, but not including, the Redemption Date. Payment of the redemption price
will be made by U.S. Bank National Association, the trustee under the
indenture governing the Debentures, on the Redemption Date upon presentation
and surrender of the Debentures as set forth in the redemption notice. The
company intends to use cash on hand and, if necessary, incremental borrowings
under its revolving credit facility to fund the redemption. The company
expects to incur a charge upon extinguishment of the Debentures of
approximately $19 million. This charge will be reflected in its fourth quarter
2009 financial results.

About Republic Services, Inc.

Republic Services, Inc. is a leading provider of services in the domestic,
non-hazardous solid waste industry. The Company provides non-hazardous solid
waste collection services for commercial, industrial, municipal and
residential customers through 380 collection companies in 40 states. It also
owns or operates 239 transfer stations, 199 solid waste landfills and 79
recycling facilities. Republic serves millions of residential customers under
contracts with more than 3,000 municipalities for waste collection and
residential services. It also serves commercial customers throughout its
expansive service area. For more information, visit the Republic Services web
site at www.republicservices.com.

SOURCE Republic Services, Inc.

Media, Will Flower, +1-480-718-6565; or Investors, Ed Lang, +1-480-627-7128,
both of Republic Services, Inc.