Let <i>T</i> be a compact disjointness preserving linear operator from <i>C</i><sub>0</sub>(<i>X</i>) into <i>C</i><sub>0</sub>(<i>Y</i>), where <i>X</i> and <i>Y</i> are locally compact Hausdorff spaces. We show that <i>T</i> can be represented as a norm convergent countable sum of disjoint rank one operators. More precisely, <i>T</i> = <sub><i>n</i> </sub> <i></i> <i>h<sub>n</sub></i> for a (possibly finite) sequence {<i>x<sub>n</sub></i> }<sub><i>n</i> </sub> of distinct points in <i>X</i> and a norm null sequence {<i>h<sub>n</sub></i> }<sub><i>n</i> </sub> of mutually disjoint functions in <i>C</i><sub>0</sub>(<i>Y</i>). Moreover, we develop a graph theoretic method to describe the spectrum of such an operator ( 2009 WILEYVCH Verlag GmbH & Co. KGaA, Weinheim)