1. May 3-4, 2006 PPSI Meeting - Sarasota FL1 Paint Product Stewardship Initiative Dialogue Meeting Sarasota, FL May 3-4, 2006

2. May 3-4, 2006 PPSI Meeting - Sarasota FL2 Paint Dialogue Process 1.Research (10/02 – 9/03) – 1 year –Technical Research Document –Paint Stewardship Action Plan 2.Dialogue (10/03 – 9/04) – 1 year –4 meetings –Numerous workgroup conference calls 3.Project Implementation (4/05 – 9/06) – 18 months 4.Financing & Designing a nationally coordinated paint management system (10/06 – 3/07) – 6 months

3. May 3-4, 2006 PPSI Meeting - Sarasota FL3 The Primary Goal Is To Develop Initiatives That Result In: –Reduced paint waste; –Efficient collection, reuse, and recycling of leftover paint; –Increased markets for recycled paint; and –Develop a sustainable financing system to cover end-of-life management costs.

4. May 3-4, 2006 PPSI Meeting - Sarasota FL4 The Memorandum of Understanding (MOU) Was Fully Executed on 3/15/05

5. May 3-4, 2006 PPSI Meeting - Sarasota FL5 The MOU is… A first step toward a nationally coordinated leftover paint management system

6. May 3-4, 2006 PPSI Meeting - Sarasota FL6 11 PPSI Projects Formation of Project Workgroups Education – 2 projects Infrastructure – 3 projects Markets – 3 projects Regulatory Barriers – White Paper Lifecycle and Cost/Benefit Analysis – Study Financing – National financing options

7. May 3-4, 2006 PPSI Meeting - Sarasota FL7 The Purpose of the Projects  Demonstrate the potential to reduce the volume of leftover paint and the cost of managing leftover paint.  Increase the use of leftover paint as a resource.  Increase government and private purchase of products made from leftover paint.

8. May 3-4, 2006 PPSI Meeting - Sarasota FL8 Where Are We Now? MOU signed by 31 participants + endorsed by 35 others outside dialogue 3 projects virtually completed. 6 other projects in process. 2 projects not funded. $885,000 raised from manufacturers, recyclers, and government.

9. May 3-4, 2006 PPSI Meeting - Sarasota FL9 Key Dates May 3-4, 2006 PPSI meeting – FL Sept. 20-21, 2006PPSI meeting – NC (at SWANA/WASTECON) Oct. 1, 2006Financing discussions begin Projects conclude Jan. 1, 2006Decision on whether financing needed Begin discussions on specific financing system, if needed March 2007Final PPSI meeting

10. May 3-4, 2006 PPSI Meeting - Sarasota FL10 Meeting Objectives Understanding of: 1.Work accomplished past 6 months since Sept. PPSI meeting 2.Status of project work and budgets Agreement on: 1.Project next steps 2.Whether additional funding needed to accomplish goals 3.MOU – are we on-target to meet goals and start financing discussion on October 1, 2006?

11. May 3-4, 2006 PPSI Meeting - Sarasota FL11 Paint Dialogue Funding Updates  Paint Dialogue Funding – by entity  Paint Dialogue Funding – by project  Paint Dialogue Funding – by contractor/PSI

12. May 3-4, 2006 PPSI Meeting - Sarasota FL12 Issues to Highlight  Lifecycle Project – November 2006 end date (Sept PPSI meeting)  Paint dialogue budget tight – single point of contact  Scott  Need for financing project funding (or paint dialogue funding)  Project sequencing important  Infrastructure/Lifecycle  Recycled paint standard/marketing

13. May 3-4, 2006 PPSI Meeting - Sarasota FL13 Paint Dialogue Progress Since September 2005  Education Workgroup  Source reduction survey completed  Source reduction report final  Pilot project scoped  Press release issued – Paint Wise webpage/Earth 911  Regulatory Barriers Workgroup  White Paper – Final Draft

14. May 3-4, 2006 PPSI Meeting - Sarasota FL14 Paint Dialogue Progress Since September 2005  Markets Workgroup  Draft recycled paint standard for public comment  Press release issued on draft standard  Lifecycle Workgroup  Completed LCA/CBA scopes of work

15. May 3-4, 2006 PPSI Meeting - Sarasota FL15 Paint Dialogue Progress Since September 2005  Infrastructure Workgroup  Reuse Manual – Final Draft  Financing Workgroup  Draft system categories  Preliminary fact sheets

16. May 3-4, 2006 PPSI Meeting - Sarasota FL16 Conference Presentations Since September 2005  CA HHW Conference – April 2006  EPA Environmental Partnership Summit – May 2006  SWANA Special Waste Conference – Fall 2005  SWANA WASTECON – September 2006

17. MEETING WRAP UP

18. May 3-4, 2006 PPSI Meeting - Sarasota FL18 Wrap Up  March 2007 meeting  Have it sooner than March?  Location?  Dates?

19. May 3-4, 2006 PPSI Meeting - Sarasota FL19 Next Steps…. nAdd Steering Committee members nComplete Workgroup budget with additional funding nRaise money to complete project nFinish all fact sheets nAnalyze options nPrepare recommendations for Sept. meeting