For Immediate Release:

TerraCycle Products go National

The Home Depot Adds TerraCycle’s Eco-Friendly Fertilizer to Its Print and Online Divisions

Princeton, NJ - May 11, 2004 - TerraCycle, the first company to produce gardening fertilizer products entirely out of waste announced today that The Home Depot® (NYSE: HD), the world's largest home improvement retailer, will be taking on TerraCycle Plant Food™ to its print and online divisions.

TerraCycle Plant Food is made entirely from waste – from production to packaging – further enhancing its eco-friendly appeal. The contents are composed of converted organic waste, while both the bottles’ trigger sprays and boxes in which they are shipped are leftovers from large corporations. TerraCycle Plant Food is also the first mass-produced product in the world to be packaged entirely in used plastic soda bottles.

“As the largest and most well-respected home retailer in the country, The Home Depot is also an active proponent of environmental planning and preservation, and the ideal place to launch the nationwide availability of TerraCycle Plant Food,” said Tom Szaky, CEO of TerraCycle, Inc. “Customers that rely on the quality and value of The Home Depot’s products will appreciate the fact that they don’t have to sacrifice their environmental sensibilities over the purchase of a powerful fertilizer product. TerraCycle Plant Food is eco-friendly and incredibly effective – all at a competitive price.”

Now available nationwide, TerraCycle Plant Food is priced at $6.95 and can be purchased online at www.homedepot.com or through The Home Depot direct-order catalog. Call The Home Depot customer care line at 1-800-553-3199 for more information.

About The Home Depot

Founded in 1978, The Home Depot is the world's largest home improvement specialty retailer and the second largest retailer in the United States, with fiscal 2002 sales of $58.2 billion. The company employs approximately 300,000 associates and has 1,722 stores in all 50 states, the District of Columbia, Puerto Rico, eight Canadian provinces and Mexico. Its stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones Industrial Average and Standard & Poor's 500 Index.

About TerraCycle, Inc.

TerraCycle, Inc., produces the world’s first consumer gardening product lines made entirely out of waste from raw materials to packaging. The company’s patented packaging concept of using used plastic bottles has given the company’s flagship product, TerraCycle Plant Food™, a shelf presence that retailers and consumer have never experienced before. Founded in 2001 by Princeton University students, TerraCycle began as a venture to pursue a financially viable market opportunity with an ecological and social conscience. Today the company continues with its commitment to improve the environment and local communities with its TerraCycle School-Wide Recycling Events – providing an educational curriculum and fundraising platform for elementary and secondary schools to benefit the environment while raising money. For more information, call 609-393-4252 or visit the company online at www.terracycle.net.

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