Key GreenCycle Personnel

Caroline R. Repenning, President, GreenCycle Incorporated. For several years Mrs. Repenning was with the General Electric Company in Phoenix and Chicago. During that time she was responsible for writing complex system software for process control computers and application software for general-purpose computers to perform highly sophisticated financial functions. She later received a Master of Business Administration degree in Finance from the Kellogg School of Management at Northwestern University.

David A. Wagner, Vice President, GreenCycle Incorporated. Mr. Wagner, a Certified Public Accountant, received a degree in accounting from the University of Illinois and a Juris Doctor from Loyola University where, for several years, he taught a course in intellectual property law. He was, for ten years the Chief Financial Officer and General Counsel of a large computer software company in the Chicago area. Prior to joining GreenCycle, Mr. Wagner was President of The Rubicon Group, Ltd., a computer software company. Mr. Wager's duties include the implementation of uniform, computerized accounting in all of the GreenCycle companies, performing legal services for the operating companies, and financial management of the entire organization.

Peter A. Repenning, Vice President, GreenCycle Incorporated. Mr. Repenning holds a degree in Physics and Mathematics and Master of Business Administration degree from the University of Michigan. During twelve years with the General Electric Company he held increasingly responsible marketing management positions with that company's computer manufacturing division. He continued to be involved in the marketing of computers, software and allied products until the formation of GreenCycle in 1992.

Mr. Repenning oversees the operations of all GreenCycle composting facilities in addition to managing the corporate identity, marketing and public relations activities of the GreenCycle companies.

Winthrop B. Repenning, Vice President-Operations, GreenCycle of Indiana, Incorporated. Mr. Repenning holds a degree in Economics from The College of Wooster, Wooster, Ohio. His responsibilities include directing the composting and mulch manufacturing operations on both the Whitestown and south Indianapolis sites. He is also responsible for the maintenance of all of the equipment used on both sites. Because of his experience with heavy equipment, GreenCycle of Indiana does most of its maintenance in-house, and, as a result, the company enjoys lower equipment operating costs than any competitor management is familiar with.

John E. Repenning, Vice President-Marketing and Administration, GreenCycle of Indiana, Incorporated. Mr. Repenning holds a degree in Sociology from Ohio Wesleyan University, Delaware, Ohio. His duties include marketing all of the finished product produced on the two sites in and near Indianapolis, obtaining additional tipping both to increase revenues and to provide more finished product for sale. Mr. Repenning also works with the Vice President-Operations to determine and optimum mix of products to manufacture taking into consideration markets and raw materials. All clerical personnel and scale-house operations report to Mr. Repenning.

James V. Repenning, Director of Operations, GreenCycle Incorporated. Mr. Repenning holds a BA in Economics from Colorado College, Colorado Springs, Colorado. After graduating, he began working at GreenCycle of the Northeast, Incorporated, West Hartford, Connecticut. GreenCycle of the Northeast had shown considerably slower growth than its sister company in Indiana. Soon after he arrived in Connecticut, he took over operation of the company's four sites. In the following two years the management team took the company from substantial losses to comfortable profits by producing the proper products in the necessary volumes and by selling these products to the Company's targeted markets.

Mr. Repenning took a two-year sabbatical to obtain a Master of Science degree in Operations Management from the Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts. Upon graduation in June of 2002, he moved to Rockford, Illinois to manage the reclamation of a compost site that had been neglected for several years. He is presently working through the resolution of the many Illinois EPA violations that were recently delivered to the owners of the site, violations which were the result of the lack of activity by the former operators.

Nelson P. Repenning, Ph.D., Operations Management Consultant to GreenCycle, Incorporated. Mr. Repenning has an undergraduate degree in Economics from The Colorado College, Colorado Springs, Colorado, and a Ph.D. from the Massachusetts Institute of Technology. He is currently a professor of Operations Management at the Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts.Mr. Repenning has conducted group meetings for the management of GreenCycle which assisted in determining the direction in which the Company should grow.

J. Christopher Field, Vice President and General Manager, GreenCycle of the Northeast. Mr. Field, a graduate of Harvard University, was for eight years an officer most recently Vice President of Composting Operations of EarthGro Corporation, a large, East Coast composter and marketer of bagged organic material now owned by Hyponex division of the Scotts Company. Mr. Field is responsible for all of the GreenCycle facilities in the eastern United States. He has been with the GreenCycle companies for nine years.