1 EXHIBIT 2 --------- N-VIRO INTERNATIONAL CORPORATION August 14, 1998 Re-pricing of Stock Options Granted in 1994 and 1995 pursuant to the N-Viro International Corporation 1993 Stock Option Plan Relationship to # of Options Date Original Option Grantor Granted Granted Price ---------------------------------------------------------------------------- Terry J. Logan Director 500 May 10, 1994 *$6.00 Charles Kaiser Director 500 May 10, 1994 *$6.00 Sally J. Robinson Consultant 7,500 May 31, 1995 $6.00 Terry J. Logan Director 500 May 31, 1995 $6.00 Charles Kaiser Director 1,250 May 31, 1995 $6.00 June Taylor Consultant 2,500 May 31, 1995 $6.00 Wallace G. Irmscher Director 1,125 Feb. 24, 1995 $8.00 Wallace G. Irmscher Director 500 May 31, 1995 $6.00 ------------------ TOTAL 14,375 ================== *Stated at a first re-pricing price - option granted May 10, 1994 originally priced at $22.00.