1. 1 The Professional’s Source for Turf Care Investor Update Investor Update 2nd Quarter 2003

2. 2 Safe Harbor Statement Portions of this presentation and other statements relating to sales and earnings expectations, new Service Center openings and profitability, the Company’s ability to impose price increases and other statements that are not historical information are forward-looking statements and, as such, reflect only the Company’s best assessment at this time. Investors are cautioned that forward-looking statements involve risks and uncertainties, that actual results may differ materially from such statements and that investors should not place undue reliance on such statements.. Investors are cautioned that forward-looking statements involve risks and uncertainties, that actual results may differ materially from such statements and that investors should not place undue reliance on such statements. Factors that may cause actual results to differ materially from those projected or implied in the forward-looking statements include, but are not limited to, the Company’s ability to add new Service Centers in accordance with its plans, which can be affected by local zoning and other governmental regulations and its ability to find favorable store locations, to negotiate favorable leases, to hire qualified individuals to operate the Service Centers, and to integrate new Service Centers into the Company’s systems; competitive factors in the Company’s business, including pricing pressures; lack of availability or instability in the cost of raw materials which affects the costs of certain products; the Company’s ability to impose price increases on customers without a significant loss in revenues; potential rate increases by third-party carriers which affects the cost of delivery of products; potential regulations; the Company’s ability to effectively manufacture, market and distribute new products; the success of the Company’s operating plans; regional weather conditions; and the condition of the industry and the economy. For a further discussion of risk factors, investors should refer to the Company’s Securities and Exchange Commission reports, including but not limited to, Form 10-K for the year ended December 31, 2002.

3. 3 Operating Results Second Quarter 2003

4. 4 Income Statement - 2nd Quarter Footnotes a through e: Please see Addendum 1 for Footnotes to 2nd Quarter Income Statement.

5. 5 Sales Seasonality

6. 6 Second Quarter Sales 3.7% 1.5% 3.7%

7. 7 Second Quarter Sales - Channels 5.7% (2.1%)

8. 8 Second Quarter Sales - Geographic Zones 3.0% 7.8% 2.7% 3.3% (1.9%) 0%

9. 9 Second Quarter Sales - Products *Other includes Pest Control, Golf Accessories, Irrigation, and Miscellaneous. 1.7% 6.7% 15.1% 2.2% 1.6%

10. 10 Gross Profit on Sales %’s are percent of sales. 35.4% 33.4% 34.2% 33.5% *Results excluding charges, see Income Statement - 2nd Quarter and Addendum 1 for footnotes.

11. 11 Expenses - Total *Results excluding charges, see Income Statement - 2nd Quarter and Addendum 1 for footnotes.

12. 12 Expenses - Components

13. 13 Interest Expense

14. 14 Net Income *Results excluding charges, see Income Statement - 2nd Quarter and Addendum 1 for footnotes.

15. 15 Earnings Per Share *Results excluding charges, see Income Statement - 2nd Quarter and Addendum 1 for footnotes.

16. 16 Operating Results First Half 2003

17. 17 Income Statement - First Half 2003 Footnotes a through g: Please see Addendum 2 for Footnotes for First Half Income Statement

18. 18 June 30, 2003 Balance Sheet & Cash Flows

19. 19 Consolidated Balance Sheet

20. 20 Consolidated Statement of Cash Flow

21. 21 Working Capital Investment (a) The above has been adjusted for the asset securitization: 2Q01 of $35.0 million, 3Q01of $37.0 million and 4Q01 of $31.2 million. (b) Excludes accruals relative to asset rationalization and severance costs and the current portion of long-term debt and revolving credit facility.

22. 22 Borrowings Under Debt Facilities (a) The above has been adjusted for the asset securitization: 2Q01 of $35.0 million, 3Q01 of $37.0 million and 4Q01 of $31.2 million.

23. 23 Store Expansion Update

24. 24 New Service Centers - 2003 n Will open 21 Service Centers n Current status as of 7/28/03 3 17 Grand openings 3 2 opened; awaiting Grand opening 3 2 to open in late August

25. 25 New Store Average - Sales Forecast * ($000’s) * Forecasted based on run rate thru June of 14 stores opened before April 30th.

26. 26 New Store Average - EBIT Forecast * ($000’s) * Forecasted based on run rate thru June of 14 stores opened before April 30th.

27. 27 New Store Average - ROIC Forecast * ($000’s) * Forecasted based on run rate thru June of 14 stores opened before April 30th.

28. 28 Questions & Answers

29. 29 Addendum 1 - Footnotes to Second Quarter Income Statement (a)The Company incurred certain charges in the second quarter of 2002 that were not incurred in 2003 (see following footnotes b through e). Management believes that the 2002 results excluding these charges are a better comparison to the 2003 operating results. For purposes of reconciliation and better comparability, the above statement includes the 2002 operating results with these charges, in accordance with generally accepted accounting principles (GAAP), in column 2, the charges in column 3 and the operating results excluding the charges in column 4. The schedule includes a reconciliation of earnings before interest and taxes, net loss and basic and fully diluted net loss per share for 2002 including the charges in column 2, the effect of the charges in column 3, and excluding the charges in column 4. (b)The Company recorded a markdown and liquidation of its discontinued SKUs resulting in a $9.6 million pre-tax charge. (c)The Company completed a review of its invested capital resulting in the decision to sell certain under-performing assets. In conjunction with this decision, a $12.0 million pre-tax charge was recorded. (d)The Company recorded a $1.8 million pre-tax charge relative to severance for executive, senior and middle management terminations. (e)The Company recognized the income tax benefit of the charges of $8.8 million.

30. 30 Addendum 2 - Footnotes to First Half Income Statement (a)The Company incurred certain charges in the first half of 2002 that were not incurred in 2003 (see following footnotes b through g). Management believes that the 2002 results excluding these charges are a better comparison to the 2003 operating results. For purposes of reconciliation and better comparability, the above statement includes the 2002 operating results with these charges, in accordance with generally accepted accounting principles (GAAP), in column 2, the charges in column 3 and the operating results excluding the charges in column 4. The schedule includes a reconciliation of earnings before interest and taxes, net loss and basic and fully diluted net loss per share for 2002 including the charges in column 2, the effect of the charges in column 3, and excluding the charges in column 4. (b)The Company recorded a markdown and liquidation of its discontinued SKUs resulting in a $9.6 million pre-tax charge. (c)The Company completed a review of its invested capital resulting in the decision to sell certain under-performing assets. In conjunction with this decision, a $12.0 million pre-tax charge was recorded. (d)The Company recorded a $3.9 million pre-tax charge relative to severance for executive, senior and middle management terminations. (e)The Company recorded a $4.6 million pre-tax charge related to the early termination of debt. (f)The Company recognized the income tax benefit of the adjustment for charges (excluded the tax effect of the cumulative effect of accounting change (g)) of $11.3 million. (g)The Company wrote off all its goodwill in accordance with SFAS No. 142 taking a $4.6 million charge, net of taxes, as a cumulative effect of accounting change as of January 1, 2002.