Bill Gates' Fund Increases Stake in Republic Services

Date: August 24, 2007

Source: News Room

Bill Gates' investment fund, Cascade Investment LLC, increased its stake in waste hauler Republic Services Inc. (NYSE: RSG) to 15.1% from 13.7%, according to a recent regulatory filing. The Microsoft Corp. chairman's fund did not reveal when it bought the shares or their price in the "passive" filing with the U.S. Securities and Exchange Commission. Cascade also did not reveal the purpose behind the transactions. The increase in holdings bring Cascade's stake in Republic up to 28.54 million shares.

A copy of the filing may be found at:
(www.sec.gov/Archives/edgar/data/1052192/000110465907064887/a07-22520_1sc13ga.htm).

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