Translate the logarithmic statement into an equivalent exponential statement. \[ \log 0.01=-2 \]

Step 1 ：Translate the logarithmic statement into an equivalent exponential statement: \(\log 0.01=-2\).

Step 2 ：The logarithm base 10 of a number is the exponent to which 10 must be raised to get that number. So, in this case, the base is 10, the exponent is -2, and the number is 0.01.

Step 3 ：Therefore, the equivalent exponential statement is \(10^{-2} = 0.01\).

Step 4 ：Final Answer: The equivalent exponential statement of the logarithmic statement \(\log 0.01=-2\) is \(\boxed{10^{-2} = 0.01}\).