Business Services Industry

Waste Management Inc. Names David A. Aardsma Senior Vice President Sales and Marketing

Business Wire, Jan 19, 2005

--the need for additional capital if cash flows are less than we expect or capital expenditures are more than we expect, and the possibility that we cannot obtain additional capital on acceptable terms if needed;

--possible errors or problems upon implementation of new information technology systems; and

--possible fluctuations in quarterly results of operations or adverse impacts on our results of operations as a result of the adoption of new accounting standards or interpretations.

Additional information regarding these and/or other factors that could materially affect results and the accuracy of the forward-looking statements contained herein may be found in Part I, Item 1 of the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2003 and Part II of the Company's Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2004.

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