Rollins (ROL)

Operating Leases

The Company leases certain property and equipment.  Rent expense charged to operations during the period April 1, 2007 to December 31, 2007 was $5,716.  Future minimum lease payments for each of the next five years ending December 31 are as follows:

The Company guarantees any deficit on disposal related to certain of its vehicle leases which it leases over a one-year period.  Historically, the Company has not incurred any significant cost related to this arrangement.  Due to the short-term nature of the agreement and the lack of performance under the guarantee, the fair value of the guarantee is considered nominal.

Operating Leases

The Company leases certain property and equipment. Rent expense charged to operations during the period April 1, 2007 to December 31, 2007 was $5,716. Future minimum lease payments for each of the next five years ending December 31 are as follows:

The Company guarantees any deficit on disposal related to certain of its vehicle leases which it leases over a one-year period. Historically, the Company has not incurred any significant cost related to this arrangement. Due to the short-term nature of the agreement and the lack of performance under the guarantee, the fair value of the guarantee is considered nominal.

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