<SUBMISSION>
<ACCESSION-NUMBER>0001193125-05-215672
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>3
<PERIOD>20051103
<ITEMS>2.02
<ITEMS>9.01
<FILING-DATE>20051103
<DATE-OF-FILING-DATE-CHANGE>20051103
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>Expedia, Inc.
<CIK>0001324424
<ASSIGNED-SIC>4700
<IRS-NUMBER>202705720
<FISCAL-YEAR-END>1205
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-51447
<FILM-NUMBER>051177201
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>3150 139TH AVENUE SE
<CITY>BELLEVUE
<STATE>WA
<ZIP>98005
<PHONE>(425)679-7200
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>3150 139TH AVENUE SE
<CITY>BELLEVUE
<STATE>WA
<ZIP>98005
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<HTML><HEAD>
<TITLE>Current Report</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

<HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><HR WIDTH="17%" SIZE="1" NOSHADE
COLOR="#000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>FORM 8-K </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>CURRENT REPORT </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Pursuant to Section&nbsp;13 or 15(d) of the </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Securities Exchange Act of 1934 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Date of report (Date of earliest event reported): November&nbsp;3, 2005 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="6"><B>Expedia, Inc. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Exact Name of Registrant as Specified in Charter) </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Delaware</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>000-51447</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>20-2705720</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(State or Other Jurisdiction</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>of Incorporation)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Commission File Number)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(IRS Employer</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>Identification Number)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>3150 139th Avenue S.E.</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Bellevue, Washington</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>98005</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of Principal Executive Offices)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Zip Code)</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Registrant&#146;s
telephone number, including area code: (425)&nbsp;679-7200 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="WINGDINGS" SIZE="2" COLOR="#000000">&#168;</FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P><HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left">

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;2.02 Results of Operations and Financial Condition </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On November&nbsp;3, 2005, Expedia, Inc., a Delaware corporation, issued a
press release announcing its financial results for the quarter ended September&nbsp;30, 2005. The full text of this press release, appearing in Exhibit 99.1 hereto, is incorporated herein by reference. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;9.01 Financial Statements and Exhibits </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(c) Exhibits </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1"><B>Exhibit&nbsp;No.</B></FONT><BR><HR WIDTH="63" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Description</B></FONT></P><HR WIDTH="61" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Press release of Expedia, Inc. dated November&nbsp;3, 2005</FONT></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SIGNATURE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">EXPEDIA, INC.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date: November&nbsp;3, 2005</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ KEENAN M. CONDER</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Keenan M. Conder</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Senior Vice President and General<BR>Counsel</FONT></P></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>EXHIBIT INDEX </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1"><B>Exhibit&nbsp;No.</B></FONT><BR><HR WIDTH="63" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Description</B></FONT></P><HR WIDTH="61" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Press release of Expedia, Inc. dated November 3, 2005</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>dex991.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML><HEAD>
<TITLE>Press release</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g89164img01.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Expedia, Inc. Reports Third
Quarter Results </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">BELLEVUE, Wash.&#151;November 3, 2005&#151;Expedia, Inc.
(Nasdaq: EXPE) today announced financial results for its third quarter ended September&nbsp;30, 2005. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">&#147;Expedia, Inc. delivered solid bookings and profit growth in its foundational quarter as an independent public company,&#148; said Expedia, Inc. Chairman Barry Diller. &#147;With over $15 billion in gross
bookings and more than $2 billion in revenue over the last twelve months, the Company has established itself as a premier e-tailer and travel company with truly global aspirations.&#148; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">&#147;Our continued investments in improving our customer experience and supplier relationships have paid off this quarter in our fastest
merchant hotel revenue growth since the third quarter of 2004,&#148; said Dara Khosrowshahi, Expedia, Inc.&#146;s CEO and President. &#147;We have continued on that path in the second half of 2005 by re-designing our Expedia.com and Hotels.com sites
to improve ease of use and launching our biggest holiday promotion ever &#151; our customers save $150 off the vacation they really want to take next year by booking their holiday travel with Expedia.com.&#148; </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Financial Summary (figures in $MM&#146;s) </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>3&nbsp;Months&nbsp;Ended<BR>September&nbsp;30,&nbsp;2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>3&nbsp;Months&nbsp;Ended<BR>September&nbsp;30,&nbsp;2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Y&nbsp;/&nbsp;Y&nbsp;Growth</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gross bookings</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,937.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,265.8</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">21%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">584.7</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">503.8</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">16%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gross profit</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">456.6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">399.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">14%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating income before amortization *</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">183.5</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">159.6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">148.6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">80.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">85%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Adjusted net income *</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">126.9</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">110.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">82.0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">58.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">41%</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&#147;Operating income before amortization&#148; and &#147;Adjusted net income&#148; are non-GAAP measures as defined by the Securities and Exchange Commission. Please see
&#147;<I>Definitions of Non-GAAP Measures</I>&#148; and &#147;<I>Tabular Reconciliations for Non-GAAP Measures</I>&#148; for an explanation of non-GAAP measures used throughout this release. Please also see &#147;<I>Basis of Presentation</I>&#148;
below for additional information on financial results presented throughout this release. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>Discussion of Results </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Gross
Bookings&nbsp;&amp; Revenue </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Gross bookings increased 21% for the third
quarter 2005 compared with third quarter 2004, with domestic gross bookings up 16% and international gross bookings up 39% versus the prior year quarter. Our results were impacted by hurricane and terrorist activity during the quarter. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">1 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Revenue grew 16% during the quarter, primarily driven by increased worldwide merchant hotel revenue, acquisitions and
growth in our car rental business. Third quarter domestic revenue increased 10%, and international revenue grew 43%. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Worldwide merchant hotel revenue increased 15%, the highest rate of growth since third quarter 2004. The increase was fueled by 13% growth in room nights stayed,
including rooms delivered as a component of vacation packages. Revenue per room night increased 2%, resulting from a 7% increase in average daily rates (&#147;ADRs&#148;), partially offset by a decrease in hotel margins (defined as hotel net revenue
as a percentage of hotel gross bookings). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Worldwide air revenues increased 3%
during the quarter, due to a 13% increase in air tickets sold, partially offset by a 9% decline in revenue per air ticket. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Revenue as a percentage of gross bookings (&#147;revenue margin&#148;) was 14.8% for the third quarter, down 58 basis points compared with third quarter 2004, due
primarily to lower domestic air revenue per ticket and lower domestic hotel margins, partially offset by higher margins in our car rental and destination services businesses. In addition, average airfares increased 7% year-over-year, which has the
effect of increasing gross bookings without a corresponding increase in our per ticket air revenues. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Revenue margin was up 144 basis points sequentially compared with second quarter 2005 due to seasonality, a higher mix of merchant hotel business, lower airfares and higher margins in our car rental and destination
services businesses. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Profitability </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Gross profit for the third quarter was $457 million, up $58 million, or 14% from third
quarter 2004. Gross margin was down 112 basis points to 78.1%, 92 basis points of which were due to our February 2005 acquisition of a destination services company which historically has had lower gross margins than our core business. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Operating Income Before Amortization (&#147;OIBA&#148;) grew 15% to $184 million, driven by
higher revenue and lower sales and marketing expense as a percentage of revenue, partially offset by lower gross margin and higher general and administrative and technology and content expense as a percentage of sales. OIBA growth was 18% excluding
the prior year benefit of a $4.4 million net adjustment primarily for the reversal of an excise tax reserve. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Operating income grew 85% during the quarter to $149 million. Operating income growth significantly exceeded OIBA growth primarily due to a $30 million net credit adjustment to non-cash compensation due largely to a
change in estimate in our expected forfeiture rate for equity awards and a decrease in non-cash compensation from year-ago levels. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Adjusted net income and net income for the third quarter 2005 compared to the same period in 2004 increased by $17 million and $24 million respectively, both due
primarily to increases in operating income and interest income, partially offset by correspondingly higher taxes. Additionally, net income was reduced by $23 million due to a write-off of an investment, partially offset by unrealized gains of $12
million on derivative liabilities. Adjusted EPS was $0.35 for the third quarter, and diluted EPS was $0.23. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">For additional information on the adjustment to non-cash compensation, the investment write-off and our derivative liabilities, please see the &#147;Income Statement Notes&#148; and &#147;Balance Sheet Notes&#148;
elsewhere in this release. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Cash Flows&nbsp;&amp; Working Capital
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">For the nine months ended September&nbsp;30, 2005, net cash provided by
operating activities was $944 million. Free cash flow (a non-GAAP measure which equals net cash provided by operating activities less capital expenditures) was $903 million. Both net cash provided by operating activities and free cash flow for the
nine months ended September&nbsp;30, 2005 include $543 million from the change in accounts payable, accrued liabilities and deferred merchant bookings. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Quarterly Highlights </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">For the first time, worldwide gross bookings for a trailing twelve month period exceeded $15 billion, and revenue exceeded $2 billion. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expedia, Inc.&#146;s international points of sale in Canada, the United Kingdom, Germany, France, Italy, the Netherlands, China and other countries accounted for 23% of gross
bookings and 22% of revenue in the third quarter, up from 19% of gross bookings and 18% of revenue in the prior year period. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Hotels.com continued its &#145;hotel expert&#146; brand evolution, re-launching its U.S. website with a &#147;We know hotels inside and out&#148; bellman logo. The new site design
offers customers virtual property tours, guest reviews, advanced filtering and a compare feature to line up hotels side-by-side to compare amenities, location, prices, ratings and more. Gross bookings for Hotels.com increased 9% compared with the
third quarter of 2004. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expedia, Inc. customers worldwide can now book reservations with more than 70,000 hotel properties in 1,500 markets, including over 24,000 merchant hotel properties. More than 5,000
of these properties are fully direct-connected, offering real-time availability, rates and inventory on our websites, benefiting Expedia&#146;s customers and suppliers. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expedia, Inc. expanded its European hotel selection through global agreements with Hilton International (&#147;HI&#148;) and Golden Tulip Hospitality. Under our agreement, HI may
add up to 400 properties to Expedia&#146;s preferred hotel program. The Golden Tulip agreement provides Expedia.com and Hotels.com customers with enhanced access and connectivity to more than 400 properties from Golden Tulip and its alliance
partners, including Golden Tulip, Pacific International Suites, Pensione, Plaza Hotels and Grand Pacific hotels. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expedia.com&#146;s customers have created over 75,000 reviews of actual paid hotel stays covering over 12,000 distinct properties since the feature launched in early 2005. Traveler
reviews provide valuable, differentiated content to Expedia.com customers, leveraging Expedia&#146;s scale in traffic and customers. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expedia Corporate Travel (&#147;ECT&#148;) announced that it intends to launch ECT Canada in the first quarter of 2006. The Canadian site will build upon ECT&#146;s current service
footprint in the United States, France, the United Kingdom, Belgium, Netherlands and Luxembourg. ECT also introduced more than 20 powerful and highly configurable new product enhancements to its EPower&#153; service platform including 3D Fare
Display, an on-demand tool that gives travel bookers a broader view of multiple fares as they&#146;re searching for flights, as well as enhancements to EPower&#146;s &#153; automated seat search and upgrade features. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">TripAdvisor, the leading global travel information and advice destination (www.tripadvisor.com), has increased its travel reviews and opinions by more than 50% since the second
quarter to more than 3 million. These reviews and opinions cover more than 300,000 hotels, restaurants and attractions worldwide. Travelers have also submitted over 120,000 photographs covering 14,000 hotels. Expedia, Inc.&#146;s brand portfolio is
leveraging TripAdvisor&#146;s content by including reviews and opinions for select properties on Hotels.com&#146;s redesigned website. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>EXPEDIA, INC. AND
SUBSIDIARIES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CONSOLIDATED STATEMENTS OF INCOME </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2">(in thousands, except per share data) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(Unaudited) </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Three months ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Nine months ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">584,653</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">503,793</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,624,706</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,404,014</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cost of revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">128,072</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">104,722</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">360,474</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">293,952</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gross profit</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">456,581</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">399,071</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,264,232</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,110,062</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating expenses:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Selling and marketing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">185,421</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">177,863</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">542,173</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">523,999</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">General and administrative</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">58,895</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">39,154</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">146,209</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">113,976</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Technology and content</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">28,741</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22,444</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">81,349</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">61,686</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of non-cash distribution and marketing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,138</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,256</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,055</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,027</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization (recovery) of non-cash compensation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,009</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">44,350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">79,899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">134,394</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of intangibles</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30,756</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">31,743</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">94,204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">92,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">148,639</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">80,261</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">311,343</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">170,460</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other income (expense):</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net interest income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17,968</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,303</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">47,479</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23,611</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Write-off of long-term investment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(23,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(23,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,379</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,398</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,889</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,906</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total other income, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,921</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,701</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">35,942</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26,517</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Earnings before income taxes and minority interest</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">150,560</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">94,962</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">347,285</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">196,977</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income tax expense</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(69,026</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(37,455</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(143,895</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(77,737</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minority interest in loss of consolidated subsidiaries</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">501</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">585</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">106</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">113</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net income</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">82,035</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">58,092</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">203,496</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">119,353</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Earnings per share:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Basic</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.24</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.61</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.35</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Shares used in computing earnings per share:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Basic</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">336,409</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">335,540</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">335,833</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">335,540</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">353,351</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">340,549</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">344,819</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">340,549</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>EXPEDIA, INC. AND SUBSIDIARIES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CONSOLIDATED BALANCE SHEETS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(in thousands) </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>September&nbsp;30,<BR>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>December&nbsp;31,<BR>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Unaudited)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Audited)</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>ASSETS</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Current assets:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash and cash equivalents</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">227,875</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">154,957</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Restricted cash and cash equivalents</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32,800</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">600</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Marketable securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">25</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accounts and notes receivable, net of allowance of $4,026 and $2,338</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">180,622</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">143,905</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Receivables from IAC/InterActiveCorp and subsidiaries</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,874,745</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,874</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,696</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Prepaid merchant bookings</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">52,868</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">28,151</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Prepaid expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">61,640</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">33,803</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total current assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">564,704</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,245,857</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Property and equipment, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">85,866</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">81,426</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Long-term investments and other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">45,717</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">140,432</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Intangible assets, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,204,757</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,279,361</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Goodwill</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,875,132</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,790,111</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>TOTAL ASSETS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,776,176</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,537,187</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>LIABILITIES AND STOCKHOLDERS&#146; EQUITY</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Current liabilities:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accounts payable, merchant</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">650,536</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">429,739</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accounts payable, trade</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">127,908</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">98,666</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred merchant bookings</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">559,051</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">361,199</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,847</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,353</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income tax payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,716</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">421</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other current liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">88,148</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">86,801</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total current liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,441,206</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">982,179</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">381,463</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">333,696</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Derivative liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">91,407</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,812</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other long-term liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">38,450</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">37,436</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minority interest</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">71,070</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,435</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Commitments and contingencies</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total stockholders&#146; equity</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,752,580</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,152,629</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>TOTAL LIABILITIES AND STOCKHOLDERS&#146; EQUITY</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,776,176</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,537,187</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">5 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>EXPEDIA, INC. AND SUBSIDIARIES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CONSOLIDATED STATEMENTS OF CASH FLOWS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(in thousands) </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(Unaudited) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="78%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>For the Nine Months Ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Cash flows from operating activities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">203,496</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">119,353</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Adjustments to reconcile net income to net cash provided by operating activities:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Depreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">37,869</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32,701</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of non-cash distribution and marketing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,055</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,027</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of non-cash compensation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">79,899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">134,394</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of intangibles</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">94,204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">92,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of premium on investment securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">161</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">29,948</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(25,563</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Unrealized gain on derivative instruments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(12,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Equity in income of unconsolidated affiliates</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(870</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(116</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minority interest in loss of consolidated subsidiaries</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(106</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(113</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Write-off of long-term investment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">690</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Changes in current assets and current liabilities:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accounts and notes receivable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(28,468</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,355</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Prepaid merchant bookings and prepaid expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(39,047</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(32,502</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accounts payable and accrued liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">345,909</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">203,461</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred merchant bookings</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">197,154</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">167,421</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,494</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(3,108</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,549</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net cash provided by operating activities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">943,653</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">714,540</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Cash flows used in investing activities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Acquisitions, net of cash acquired</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,515</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(261,312</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Capital expenditures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(40,859</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(37,499</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Purchase of marketable securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(30</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(5,015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Proceeds from sale of marketable securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">722,646</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Increase in long-term investments and deposits</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,379</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(56,580</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Transfers to IAC/InterActiveCorp, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(766,760</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,496,467</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,937</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(5,080</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net cash used in investing activities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(800,450</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,139,307</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Cash flows used in financing activities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Proceeds from exercise of stock options</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20,458</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Changes in restricted cash and cash equivalents</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(36,462</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Contribution from (distribution to) IAC/InterActiveCorp, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(52,844</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">401,888</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,601</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,108</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net cash used in financing activities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(71,449</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">400,780</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Effect of exchange rate changes on cash and cash equivalents</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,164</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,425</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net increase (decrease) in cash and cash equivalents</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">72,918</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(26,412</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash and cash equivalents at beginning of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">154,957</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">188,639</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Cash and cash equivalents at end of period</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">227,875</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">162,227</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">6 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Income Statement Notes </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Revenue </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expedia, Inc. makes travel products and services available through two business models: the merchant model and the agency model. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Under the merchant model, we facilitate the booking of travel products and services from our travel suppliers, and serve as the merchant of record. Merchant transactions typically
produce a higher level of net revenues per transaction. Merchant revenues are generally recognized when the customer uses the travel product or service, as opposed to when the travel product or service is booked. Merchant revenues are derived from
the difference between amounts paid to the travel suppliers and the amounts paid by the consumer. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Under the agency model, Expedia, Inc. acts as agent in the transaction, passing reservations booked by customers to the relevant travel supplier. Expedia, Inc. receives a commission
or ticketing fee from the travel supplier for its services under the agency model. In agency transactions the supplier sets the price to be paid by the consumer and the travel supplier appears as merchant of record for the transaction. Agency
revenues are typically recognized at the time the reservation is booked. Agency revenues are derived primarily from commissions and ticketing fees from travel suppliers, revenues from GDS&#146;s and fees from leisure and corporate travelers.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Agency gross bookings were 58% of total gross bookings for both the three and nine month periods ended September&nbsp;30, 2005, compared with 57% for the prior year periods.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Expense Reclassifications </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">As previously disclosed in our October&nbsp;25, 2005 8-K/A filing with the SEC, we have reclassified certain expense amounts relating to prior periods&#146; results to conform to
our 2005 presentation of results. The reclassifications did not affect our financial position, cash flows, revenue, operating income, operating income before amortization or net income for any periods. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Cost of Revenue </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Cost of revenue consists of: (1)&nbsp;credit card merchant fees; (2)&nbsp;fees paid to our fulfillment vendors for processing of airline tickets and related customer services;
(3)&nbsp;reserves and related payments to airlines for tickets purchased with fraudulent credit cards; (4)&nbsp;allocated and direct costs of our data and call centers and (5)&nbsp;costs paid to suppliers for certain destination inventory.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Cost of revenue as a percentage of revenue was 22% for each of the three and nine month periods ended September&nbsp;30, 2005, compared with 21% for the comparable prior year
periods. The increases are largely due to lower gross margin revenues associated with an acquired destination services provider which records its ticketing sales on a gross basis, which we have consolidated as of its acquisition in February 2005.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Operating Expenses </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Operating expenses as a percentage of revenue for the three and nine month periods were as follows <I>(differences due to rounding)</I>: </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="72%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Three&nbsp;months&nbsp;ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Nine&nbsp;months&nbsp;ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Selling and marketing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">31.7</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">35.3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">33.4</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">37.3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">General and administrative</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">10.1</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">7.8</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">9.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">8.1</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Technology and content</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">4.9</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">4.5</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">5.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">4.4</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">46.7</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">47.5</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">47.4</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">49.8</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Operating expenses include depreciation expense of $12 million and $29 million for the three and nine month periods ended September&nbsp;30, 2005, and $8 million and $23 million for
the comparable prior year periods. The remainder of depreciation expense is captured in cost of revenue. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><I>Selling and Marketing </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Selling and marketing expenses consist primarily of advertising and distribution expenses as well as personnel-related costs. Our distribution channels include Internet portals,
search engines and our private label and affiliate programs. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">7 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">While year-to-date sales and marketing expense has increased 3%, we expect a significantly larger year-over-year increase in the fourth quarter as we strategically shift marketing
spend later in the year. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">While we are focused on optimizing the efficiency of our sales and marketing channels, we expect absolute amounts spent in sales and marketing to increase over time due to continued
expansion of our international businesses, which have a higher sales and marketing cost relative to revenue due to their comparatively early stages of development, as well as increases in search-related costs, increased marketing volume and higher
costs of traffic acquisition online. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><I>General
and Administrative </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">General and administrative expense consists primarily of (1)&nbsp;personnel-related costs for support functions that include our executive leadership, finance, legal, tax and human
resources functions, and (2)&nbsp;fees for professional services that include legal, tax and accounting. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Year-to-date general and administrative expense has increased 28% as we increased our use of professional services and built our executive teams and supporting staff levels largely
as a result of becoming a stand-alone public company. We expect absolute amounts spent on corporate personnel and professional service to increase over time as we add headcount and continue incurring incremental costs as a stand-alone public
company. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><I>Technology and Content
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Technology and content expense includes research and development consisting primarily of product development expenses such as payroll and related expenses for localization, and
amortization of website development costs. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Given the increasing complexity of our business, geographic expansion, initiatives in corporate travel, increased supplier integration, service-oriented architecture improvements
and other initiatives, we expect absolute amounts spent in technology and content to increase over time. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Amortization of Non-Cash Compensation Expense </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Amortization of non-cash compensation expense relates primarily to expense for restricted stock units and stock options. Since February 2003, we have awarded restricted stock units
as our primary form of stock-based compensation. Our stock-based awards generally vest over periods between four and five years. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Non-cash compensation contra-expense for the third quarter was $1 million, consisting of $29 million in expense primarily related to stock options expense, offset by a $30 million
net credit due to a change in our forfeiture rate assumption for equity awards, partially offset by a modification charge on equity awards related to the Spin-Off. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">We refined our forfeiture assumptions based on actual award forfeitures by employees, which was greater than the assumption used in the historical calculation of non-cash
compensation expense. While this is an area of significant judgment, we will continually assess our forfeiture assumption in light of actual experience and do not anticipate a change of this magnitude in the future. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Assuming, among other things, that our stock price does not vary widely from present levels, we anticipate quarterly amortization of non-cash compensation expense will decrease from
levels recorded in the first two quarters of 2005 as higher value options are amortized and replaced by lower value restricted stock unit expense. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">We will adopt SFAS 123(R) (&#147;Share Based Payment&#148;) in the first quarter of 2006. We do not expect 123(R) will have a material effect on our results of operations or
financial position. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">At September&nbsp;30, 2005, there were approximately 43.5&nbsp;million stock-based awards outstanding, consisting of 38&nbsp;million stock options with a $13.38 weighted average
exercise price and a weighted average remaining life of 3.6 years, and 5.5&nbsp;million restricted stock units. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">We granted 30,000 stock awards during the third quarter, consisting of restricted stock units. Year-to-date Expedia, Inc. and IAC/InterActiveCorp. (&#147;IAC&#148;) have granted
approximately 7&nbsp;million stock awards to Expedia employees, consisting of 3.8&nbsp;million options with a five-year cliff vest granted to our Chairman with a weighted average exercise price of $32.12, and approximately 3&nbsp;million restricted
stock units granted to other employees. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Net Interest Income
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The Company&#146;s reduced cash balance versus historical amounts will result in reduced interest income in the near-term compared with what has been recorded in the historical
combined statements of income. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">8 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Income Taxes </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">From January&nbsp;1, 2005 through the Spin-Off, we were a member of the IAC consolidated tax group. Accordingly, we will file a federal income tax return and certain state income
tax returns on a combined basis for this period. IAC will settle the income tax liability related to these filings; as such, these amounts are not included in our income taxes payable. As of September&nbsp;30, 2005, our current income tax payable
represents amounts that we will settle with the Internal Revenue Service and other tax authorities based on our income taxes after the Spin-Off. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">We have computed income taxes using our stand-alone tax rate. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The effective tax rate for income from adjusted net income was 36% for the three and nine months ended September&nbsp;30, 2005 compared to 37% in the prior year periods.&nbsp;Third
quarter effective tax rates were higher than the federal statutory rate of 35% principally due to state taxes.</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Third quarter 2004 effective tax rates were higher than the federal statutory rate principally due to state taxes and foreign losses for which no tax benefit was
recognized.</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Foreign Exchange </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">As Expedia, Inc.&#146;s reporting currency is the U.S.&nbsp;Dollar, reported financial results are impacted from strength or weakness in the U.S. dollar in comparison to the
currencies of our international websites. Management believes investors may find it useful to assess 2005 growth rates with and without the impact of foreign exchange. The estimated impact of foreign exchange was as follows (amounts may not add due
to rounding): </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Three</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>months</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>ended</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>September&nbsp;30,<BR>2005</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Y/Y growth<BR>rates</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Y/Y&nbsp;growth</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>rates&nbsp;excluding</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>foreign</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>exchange</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>movements</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Impact&nbsp;on&nbsp;Y/Y</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>growth&nbsp;rates</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>from foreign</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>exchange</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>movements</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Nine</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>months</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>ended</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>September&nbsp;30,</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Y/Y growth<BR>rates</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Y/Y&nbsp;growth</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>rates</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>excluding</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>foreign</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>exchange</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>movements</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Impact&nbsp;on&nbsp;Y/Y</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>growth&nbsp;rates</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>from foreign</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>exchange</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>movements</B></FONT></P><HR SIZE="1" NOSHADE
COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">16.1%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">16.7%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-0.7%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15.7%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15.9%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-0.2%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">85.2%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">90.0%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-4.8%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">82.6%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">87.9%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-5.3%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating Income Before Amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15.0%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">17.4%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-2.4%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">20.5%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">22.7%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-2.2%</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Acquisitions&nbsp;&amp; Investments
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A number of acquisitions and investments were completed during 2004 and 2005 that impacted financial results during the time periods included in this release, specifically our
acquisitions and investments in TripAdvisor, Egencia (ECT Europe), Activity World, WTM (ECT U.K.), eLong and Premier Getaways. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Management believes that investors may find it useful to assess 2005 growth rates with and without the impact of acquisitions and investments. The estimated impact of these
acquisitions and investments was as follows: </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Three</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>months</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>ended</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>September&nbsp;30,<BR>2005</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Y/Y growth<BR>rates</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Y/Y growth</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>rates&nbsp;excluding</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>acquisitions&nbsp;and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>investments</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Impact&nbsp;on&nbsp;Y/Y</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>growth&nbsp;rates</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>from</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>acquisitions</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>investments</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Nine</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>months</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>ended</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>September&nbsp;30,</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Y/Y growth<BR>rates</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Y/Y growth</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>rates</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>excluding</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>acquisitions</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>investments</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Impact on</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>Y/Y growth</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>rates from</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>acquisitions</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>investments</B></FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">16.1%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">13.0%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3.1%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15.7%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">11.5%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4.2%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">85.2%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">87.8%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-2.6%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">82.6%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">78.2%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4.4%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating Income Before Amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15.0%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15.8%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">-0.8%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">20.5%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">17.4%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3.1%</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Balance Sheet Notes </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Cash, Cash Equivalents, Current Restricted Cash and Marketable Securities
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Cash, cash equivalents, current restricted cash and marketable securities were $261 million at September&nbsp;30, 2005. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The $33 million of current restricted cash and cash equivalents primarily relates to agency air revenue transactions. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">9 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Receivables from IAC/InterActiveCorp. </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">In connection with the Spin-Off, we extinguished all intercompany receivable balances from IAC by recording a distribution to IAC according to the terms of a separation agreement
between IAC and Expedia, as explained in further detail in the Company&#146;s Registration Statement on Form S-4, filed on June&nbsp;17, 2005. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Accounts&nbsp;&amp; Notes Receivable </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Accounts and notes receivable include credit card receivables generally due within two to three days from our agency transactions, which are generally due within 30 days from our
airlines, global distribution and hotel suppliers. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">These receivables generally track with our gross bookings pattern, building throughout the first half of the year and decreasing in the second half as bookings activity subsides.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Prepaid Expenses </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Prepaid expenses are primarily composed of prepaid marketing. The increase reflects our decision to weight our marketing spend later in the year. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Goodwill&nbsp;&amp; Intangible Assets, net </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Goodwill and intangible assets, net relates primarily to the Company&#146;s acquisitions of Hotels.com, Expedia.com and Hotwire. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Amortization of intangible assets with definite lives was $31 million and $94 million for the three and nine months ended September&nbsp;30, 2005, compared with $32 million and $93
million for the three and nine month periods ended September&nbsp;30, 2004. These amounts are generally not deductible for tax purposes. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Long-Term Investments and Other </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The reduction in long-term investments at September&nbsp;30, 2005 versus December&nbsp;31, 2004 reflects our consolidation of eLong after exercising our warrants to increase our
ownership to 59% on an outstanding basis and the Company&#146;s write-off of an investment of $23 million after making a determination that the decline in value of our investment was other than temporary, partially offset by our 50% ownership
interest in an aircraft through a capital contribution from IAC/InterActiveCorp. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><I>Deferred Merchant Bookings and Accounts Payable, Merchant </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Deferred merchant bookings consist of amounts received from customers who have not yet traveled. Merchant revenue is generally not recognized until travel is initiated.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The payment to suppliers related to these bookings is not made until approximately one week after booking for air travel and, for all other merchant bookings, after the
customer&#146;s use and subsequent billing from the supplier. Therefore, especially for merchant hotel, which represents the majority of Expedia&#146;s overall merchant bookings, there is generally some period of time from the receipt of cash from
customers to supplier payment. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">As long as the merchant hotel business continues to grow positively, as it has historically, and our business model does not change, we expect that the change in working capital
will continue to be positive. If this business declines or if the model changes, it would negatively affect our working capital. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">For the nine months ended September&nbsp;30, 2005, the change in deferred merchant bookings and accounts payable and accrued liabilities contributed $543 million to cash flow from
operating activities. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Revolving Credit Facility
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">On July&nbsp;11, 2005, we entered into a $1 billion five-year unsecured revolving credit facility with a group of lenders. The revolving facility bears interest based on our
financial leverage, and is currently at a rate equal to LIBOR plus .50%. The revolving credit facility also contains financial covenants consisting of a leverage ratio and a minimum net worth. As of September&nbsp;30, 2005 we were in compliance with
all covenants. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Expenses associated with the facility were less than $1 million during the third quarter and are classified in net interest income on the statements of income. There was no
outstanding balance on the facility at September&nbsp;30, 2005. We expect to utilize the revolver during the fourth quarter of 2005 as our gross bookings reach their seasonal low and our accounts payable from merchant bookings come due.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">10 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Derivative Liabilities </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">In connection with IAC&#146;s acquisition of Ask Jeeves, we are obligated to issue shares of Expedia, Inc. common stock (or pay cash in equal value) to holders of Ask Jeeves
convertible notes. We estimate that we may be required to issue up to 4.3&nbsp;million shares of Expedia, Inc. common stock upon conversion. The estimated fair value of this obligation at September&nbsp;30, 2005 was $88 million, recorded as a
derivative liability on our balance sheet. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">For the three and nine months ended September&nbsp;30, 2005, we recorded unrealized gains of $12 million principally related to the Ask Jeeves liability due to the decrease in our
share price during the third quarter. These gains are recorded in &#147;other income&#148; on our statements of income. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">We anticipate recording a quarterly gain or loss in future quarters as we adjust the fair value of these long-term liabilities due to fluctuations in our stock price. The size or
incidence of such gains or losses is not predictable. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Series
A Cumulative Convertible Preferred Stock (&#147;Preferred Stock&#148;) </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">We have fewer than 1,000 shares of preferred stock outstanding with an aggregate face value of less than $20,000. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Expedia Class B Common Stock </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There are approximately 26&nbsp;million shares of Expedia Class B common stock outstanding. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The holders of Class B common stock are entitled to one vote when voting separately as a class, and ten votes when voting together as a single group with the holders of Expedia
common stock and Expedia preferred stock. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Our Chairman has general voting authority for the Class B common stock. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Warrants </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">As of September&nbsp;30, 2005 Expedia, Inc. had approximately 59&nbsp;million warrants outstanding, which if exercised in full would entitle their holders to acquire approximately
35&nbsp;million common shares of Expedia, Inc. for an aggregate purchase price of approximately $775 million (average $22.28 per Expedia, Inc. common share). </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There are approximately 32&nbsp;million warrants related to the Vivendi Universal transaction completed by IAC/InterActiveCorp in 2002. There are two tranches of these warrants,
both of which expire in 2012: </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Approximately 24&nbsp;million warrants entitle the holders to acquire <FONT SIZE="1"><SUP>&nbsp;1</SUP></FONT><FONT SIZE="2">/</FONT><FONT SIZE="1">2</FONT><FONT
FACE="Times New Roman" SIZE="2" COLOR="#000000"> share of Expedia, Inc. at an exercise price of $12.23. If exercised in full, the warrants would entitle their holders to approximately 12&nbsp;million Expedia, Inc. common shares.
</FONT></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Approximately 8&nbsp;million warrants entitle the holders to acquire <FONT SIZE="1"><SUP>&nbsp;1</SUP></FONT><FONT SIZE="2">/</FONT><FONT SIZE="1">2</FONT><FONT
FACE="Times New Roman" SIZE="2" COLOR="#000000"> share of Expedia, Inc. at an exercise price of $14.45. If exercised in full, the warrants would entitle their holders to approximately 4&nbsp;million Expedia, Inc. common shares.
</FONT></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There are approximately 26&nbsp;million warrants that are publicly-traded on Nasdaq under the ticker symbols &#147;EXPEW&#148; and &#147;EXPEZ.&#148; Both issues expire in February
2009. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There are approximately 15&nbsp;million EXPEW warrants outstanding. Each warrant entitles the holder to acquire <FONT SIZE="1"><SUP>&nbsp;1</SUP></FONT><FONT SIZE="2">/</FONT><FONT
SIZE="1">2</FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> share of Expedia, Inc. at an exercise price of $15.61. If exercised in full, the warrants would entitle their holders to approximately 7&nbsp;million Expedia, Inc. common
shares. </FONT></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There are approximately 11&nbsp;million EXPEZ warrants outstanding. Each warrant entitles the holder to acquire approximately 0.97 shares of Expedia, Inc. at an exercise price of
$11.56. If exercised in full, the warrants would entitle their holders to approximately 11&nbsp;million Expedia, Inc. common shares. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There are less than 1&nbsp;million miscellaneous warrants outstanding. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">11 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Expedia, Inc. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Supplemental Information &#150; Third Quarter 2005 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The following metrics are intended as a supplement to the financial statements found in this press release and in our filings with the SEC. In the event of discrepancies between
amounts in these tables and our historical financial statements, readers should rely on the financial statements in our releases and SEC filings. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">As our business evolves and as we integrate our operations, we intend to periodically review and refine the definition, methodology and appropriateness of each of our supplemental
metrics. As a result, these metrics are subject to removal and / or change, and such changes could be material. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">We have changed our methodology for the allocation of gross bookings by brand. &#147;Expedia&#148; gross bookings constitute bookings from all Expedia-branded properties, including
our international sites and our worldwide Expedia Corporate travel businesses. &#147;Other&#148; gross bookings constitute bookings from all brands other than Expedia-branded properties and Hotels.com. In addition, there have been minor adjustments
to historical allocation of our revenue between domestic and international. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Metrics, with the exception of revenue items, include 100% of the results of an unconsolidated joint-venture of which we own approximately 49.9%. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">These metrics do not include adjustments for one-time items, acquisitions, foreign exchange or other adjustments. Some numbers may not add due to rounding. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1"><B><I>(in $ millions)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="8" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>YTD</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Q3</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Q4</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Q1</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Q2</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Q3</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>YTD&nbsp;2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>YTD&nbsp;2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gross Bookings by Geography</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Domestic</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,630</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,300</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,184</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,229</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,050</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,155</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,463</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">International</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">636</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">595</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">902</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">909</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">887</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,724</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,698</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,266</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,895</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,086</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,138</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,937</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,879</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,161</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Revenue by Geography</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Domestic</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">414</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">350</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">386</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">440</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">457</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,183</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,283</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">International</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">89</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">89</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">99</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">115</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">128</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">221</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">342</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">504</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">439</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">485</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">555</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">585</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,404</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,625</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gross Bookings by Brand</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Expedia</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,525</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,310</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,251</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,191</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,047</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,567</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,489</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Hotels.com</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">461</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">351</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">483</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">502</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">502</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,425</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,487</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">280</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">234</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">352</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">445</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">388</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">887</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,185</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,266</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,895</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,086</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,138</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,937</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,879</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,161</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gross Bookings by Agency/Merchant</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Agency</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,875</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,760</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,386</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,422</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,296</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,585</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,104</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Merchant</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,391</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,135</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,700</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,716</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,641</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,294</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,057</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,266</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,895</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,086</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,138</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,937</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,879</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,161</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Packages Revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">106</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">92</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">114</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">125</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">128</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">304</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">367</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Number of Transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7.6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.7</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10.0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">25.9</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30.0</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Merchant hotel room nights</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7.4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">24.4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26.5</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><I>Notes&nbsp;&amp; Definitions:
</I></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><U>Gross Bookings</U> &#150; Total retail value of transactions
booked for both agency and merchant transactions, recorded at the time of booking. Bookings include the total price due for travel by customers, including taxes, fees and other charges. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><U>Number of Transactions</U> &#150; Quantity of purchases reported as booked, net of cancellations. Packages purchased using our packages
wizard, which by definition include a merchant hotel, are recorded as a single transaction. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><U>Merchant Hotel Room Nights </U>&#150; Worldwide merchant hotel nights, net of cancellations. With the exception of Hotwire, nights are reported as stayed. This metric includes nights stayed on both a package and
stand-alone basis. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">12 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Definitions of Non-GAAP Measures </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The following measures are defined by the Securities and Exchange Commission as non-GAAP financial measures. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I><U>Operating Income Before Amortization </U></I>is defined as operating income plus:
(1)&nbsp;amortization of non-cash distribution and marketing expense, (2)&nbsp;amortization of non-cash compensation expense, (3)&nbsp;amortization of intangible assets and goodwill impairment, if applicable and (4)&nbsp;certain one-time items, if
applicable. Management believes this measure is useful to investors because it represents the combined operating results of Expedia, Inc.&#146;s businesses, taking into account depreciation, which we believe is an ongoing cost of doing business, but
excluding the effects of other non-cash expenses. Operating Income Before Amortization has certain limitations in that it does not take into account the impact to Expedia, Inc.&#146;s statements of income of certain expenses, including non-cash
compensation, non-cash payments to partners, and acquisition-related accounting. Due to the high variability and difficulty in predicting certain items that affect net income, such as interest rates and tax rates, Expedia, Inc. is unable to provide
reconciliation to net income on a forward-looking basis without unreasonable efforts. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><I><U>Adjusted Net Income</U></I> generally captures all items on the statements of income that have been, or ultimately will be, settled in cash and is defined as net income available to common stockholders plus (1)&nbsp;amortization of
non-cash distribution and marketing expense, (2)&nbsp;amortization of non-cash compensation expense, (3)&nbsp;amortization of intangible assets and goodwill impairment, if applicable, (4)&nbsp;one-time items, net of related tax, and minority
interest, (5)&nbsp;mark to market gains and losses on derivative liabilities and (6)&nbsp;discontinued operations, net of tax. We believe Adjusted Net Income is useful to investors because it represents Expedia, Inc.&#146;s combined results, taking
into account depreciation, which management believes is an ongoing cost of doing business, but excluding the impact of other non-cash expenses and items not directly tied to the recurring core operations of our businesses. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I><U>Adjusted EPS</U></I> is defined as Adjusted Net Income divided by weighted fully
diluted shares outstanding for Adjusted EPS purposes. We include dilution from options and warrants per the treasury stock method and include all shares relating to restricted stock units (&#147;RSU&#148;) in shares outstanding for Adjusted EPS.
This differs from the GAAP method for including RSUs, which treats them on a treasury method basis. Shares outstanding for Adjusted EPS purposes are therefore higher than shares outstanding for GAAP EPS purposes. We believe Adjusted EPS is useful to
investors because it represents, on a per share basis, Expedia&#146;s consolidated results, taking into account depreciation, which we believe is an ongoing cost of doing business, as well as other charges which are not allocated to the operating
businesses such as interest expense, taxes and minority interest, but excluding the effects of other non-cash expenses not directly tied to the recurring core operations of our businesses. Adjusted Net Income and Adjusted EPS have the same
limitations as Operating Income Before Amortization. Therefore, we think it is important to evaluate these measures along with our consolidated statements of income. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I><U>Free Cash Flow</U></I> is defined as net cash flow provided by operating activities less capital expenditures. Management believes
Free Cash Flow is useful to investors because it represents the operating cash flow that our operating businesses generate, less capital expenditures but before taking into account other cash movements that are not directly tied to the core
operations of our businesses, such as financing activities or certain investing activities. Free Cash Flow has certain limitations in that it does not represent the total increase or decrease in the cash balance for the period, nor does it represent
the residual cash flow for discretionary expenditures. Therefore, it is important to evaluate Free Cash Flow along with the consolidated statements of cash flows. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We endeavor to compensate for the limitation of the non-GAAP measures presented by also providing comparable GAAP measures, GAAP financial
statements, and descriptions of the reconciling items and adjustments, to derive the non-GAAP measures. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">13 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Tabular Reconciliations for Non-GAAP Measures </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">(figures in $000s) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Operating Income Before Amortization </I><I> </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Three months ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Nine months ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating Income Before Amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">183,524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">159,610</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">494,501</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">410,401</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of non-cash distribution and marketing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(5,138</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(3,256</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(9,055</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(13,027</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization (recovery) of non-cash compensation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,009</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(44,350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(79,899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(134,394</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of intangibles</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(30,756</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(31,743</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(94,204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(92,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">148,639</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">80,261</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">311,343</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">170,460</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net interest income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17,968</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,303</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">47,479</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23,611</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Write-off of long-term investment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(23,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(23,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,379</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,398</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,889</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,906</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income tax expense</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(69,026</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(37,455</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(143,895</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(77,737</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minority interest in loss of consolidated subsidiaries</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">501</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">585</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">106</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">113</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">82,035</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">58,092</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">203,496</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">119,353</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Adjusted Net Income&nbsp;&amp; EPS
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Three months ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Nine months ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">82,035</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">58,092</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">203,496</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">119,353</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of non-cash distribution and marketing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,138</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,256</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,055</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,027</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization (recovery) of non-cash compensation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,009</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">44,350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">79,899</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">134,394</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization of intangibles</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30,756</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">31,743</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">94,204</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">92,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Write-off of long-term investment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Unrealized gain on derivatives instruments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(12,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(12,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minority interest</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(535</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(219</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,448</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(332</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income tax expense</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(863</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(27,040</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(53,345</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(83,923</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Adjusted net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">126,948</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">110,182</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">343,287</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">275,039</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">GAAP diluted weighted average shares outstanding</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">353,351</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">340,549</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">344,819</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">340,549</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Additional restricted stock units</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,814</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,605</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Adjusted weighted average shares outstanding</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">358,165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">340,549</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">346,424</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">340,549</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted earnings per share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.35</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Adjusted earnings per share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.35</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.32</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.99</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.81</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Free Cash Flow </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Nine months ended<BR>September&nbsp;30,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net cash flow provided by operating activities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">943,653</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">714,540</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Less: capital expenditures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(40,859</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(37,499</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Free cash flow</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">902,794</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">677,041</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">14 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Conference Call </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Expedia, Inc. will audiocast its conference call with investors and analysts discussing its third quarter financial results and certain forward-looking information on
Thursday, November&nbsp;3, 2005 at 2:00 p.m. Pacific Time (PT). The audiocast will be open to the public and available via http://www.expediainc.com/ir. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This press release contains &#147;forward-looking statements&#148; within the meaning of the Private Securities Litigation Reform Act of
1995. These statements are not guarantees of future performance. These forward-looking statements are based on management&#146;s current expectations and assumptions which are inherently subject to uncertainties, risks and changes in circumstances
that are difficult to predict. The use of words such as &#147;anticipates,&#148; &#147;estimates,&#148; &#147;expects,&#148; &#147;intends,&#148; &#147;plans&#148; and &#147;believes,&#148; among others, generally identify forward-looking
statements. However, these words are not the exclusive means of identifying such statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking
statements and may include statements relating to future revenues, expenses, margins, profitability, net income, earnings per share and other measures of results of operation and the prospects for future growth of Expedia, Inc.&#146;s business.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Actual results and the timing and outcome of events may differ materially from
those expressed or implied in the forward-looking statements for a variety of reasons, including, among others: Expedia, Inc.&#146;s ability to effectively update, automate and integrate disparate financial and accounting systems and approaches
among its brands and businesses; adverse changes in senior management; the rate of growth of the Internet and online travel; changes in global economic conditions, consumer spending, the competitive environment, the e-commerce industry and broadband
access; world events (including adverse weather, health risks or terrorism); the rate of online migration in the various geographies and markets in which Expedia, Inc. operates; fluctuations in foreign exchange rates; the ability to effectively
operate the newly consolidated businesses as an independent entity from IAC/InterActiveCorp; the health of the travel industry, including consumer and business spending on travel; Expedia, Inc.&#146;s ability to expand successfully in international
markets; possible one-time charges resulting from, among other events, integration activities, platform migration and shared services efforts; failure to realize cost efficiencies; the successful completion of pending corporate transactions and the
integration of acquired businesses; the accuracy, integrity, security and redundancy of systems, including financial and accounting systems, and networks of Expedia, Inc.; and other risks detailed in Expedia, Inc.&#146;s public filings with the
Securities and Exchange Commission, including Expedia, Inc.&#146;s amended Registration Statement on Form S-4 (Commission file number 333-124303-01), filed on June&nbsp;17, 2005. Except as required by law, Expedia, Inc. undertakes no obligation to
update any forward-looking or other statements in this press release, whether as a result of new information, future events or otherwise. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Basis of Presentation </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">On December&nbsp;21, 2004, IAC announced its plan to separate into two independent public companies in order to better achieve certain strategic objectives of its various businesses. This transaction is referred to as
the &#147;Spin-Off.&#148; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">On August&nbsp;9, 2005, Expedia, Inc. became an
independent public company and began trading on the Nasdaq under the symbol &#147;EXPE.&#148; These unaudited consolidated financial statements present our results of operations, financial position, stockholders&#146; equity and cash flows of
Expedia, Inc. on a combined basis up through the Spin-Off and on a consolidated basis thereafter. The unaudited financial statements relating to periods prior to August&nbsp;9, 2005 were prepared on a combined basis because there was no direct
ownership relationship among any or all of the businesses that comprised Expedia, Inc. upon Spin-Off. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15 of 16 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>About Expedia, Inc. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Expedia, Inc. is one of the world&#146;s leading travel service companies. With its portfolio of leading travel brands, Expedia, Inc. empowers business and leisure
travelers with the tools and information they need to easily research, plan, book and experience travel. The Company also provides wholesale travel to offline retail travel agents. Expedia, Inc.&#146;s main companies include: Expedia.com,
Hotels.com, Hotwire, Expedia Corporate Travel, TripAdvisor and Classic Vacations. Expedia, Inc.&#146;s companies also operate internationally with sites in Canada, the United Kingdom, Germany, France, Italy, the Netherlands and China, through its
investment in eLong. For more information visit www.expediainc.com. (Nasdaq: EXPE). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B>Contacts </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="19%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="79%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><I>Investor Relations</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><I>Communications</I></FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Stu Haas</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Wendy Grover</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">(425) 679-7852</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(425) 679-7874</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">ir@expedia.com</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">16 of 16 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g89164img01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g89164img01.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@!!`*-`P$1``(1`0,1`?_$`.```0`!`P4!`0``````
M```````)!@<(`0(#!0H$"P$!``$%`0$!``````````````$"`P0%!@<("1``
M``8"`0("`@P*!@@#!`8+`0(#!`4&``<($0D2$R$5,5%AH=$B%-06EU@907'A
M,M-4E)C8"H&QP2,7N)%6EC<8.'AY\%(D8C/5)D)RDM8H2$,TI39F5W>W.1HZ
M$0`"`0,"!`,$!0@'!@4$`P```0(1`P0A!3%!$@91$P=A<2(4@9&A,@CPL<'1
M4B,5%N'Q0H*BTE1B<I(S4Q=#TY155K+")!@T)47_V@`,`P$``A$#$0`_`/?Q
M@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P`/H`1]K`./S/<]_\`
M)@#S/<]_\F`/,]SW_P`F`/,]SW_R8`\SW/?_`"8`\SW/?_)@#S/<]_\`)@#S
M/<]_\F`/,]SW_P`F`/,]SW_R8`\SW/?_`"8`\SW/?_)@&TROA#KX??\`R8K%
M?>="B;FJ="J;/E`_^4!_I_)E5(4K4O0@VJRT=#<"PC_]$/\`3^+X<QY7J2HE
MH6YUCP-#+&#K\0!Z?^U^3+\.F2U=#%G?NQ=(Q3^DT*N81`/```/_`+7Y,ENV
MG2NON(AD79349023?B<OF>Y[_P"3*3,'F>Y[_P"3`'F>Y[_Y,`>9[GO_`),`
M>9[GO_DP!YGN>_\`DP!YGN>_^3`'F>Y[_P"3`'F>Y[_Y,`>9[GO_`),`>9[G
MO_DP!YGN>_\`DP!YGN>_^3`-X#U#K@&N`,`8`P!@#`&`,`8`P!@#`&`,`8`P
M!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&
M`,`T'V!_$/\`5@'!@#`&`,`8`P!@#`&`,`8`P#YW!P("8"4QO&?P_%#J!>A1
M'J<>H>$O3*HVE>JGR52J-R-MUEST1\AG11]"(`J`&Z&,)P2`IO\`RAXPZF'^
MC,*4K-FY232=?TENY'*G+JMQ?33P.3Y24`ZDZ',4IC&2*(>9Z`ZCX2CT\69]
MN=B>D9*CYE%Q9,+>L77Z#>+M(?``]2^:3Q%$X>`.O7\T?9Z#F'?O8Z:AU*IE
M8]F[*/5*+T!%0!0"G``ZF\)!*<#@)AZ_%]'L9?MX\)0\V&M"Q=R(QNJS35L^
MS)*A@#`&`,`8`P!@#`&`,`8`P#F)^:']/]8X!NP!@#`&`,`8`P!@#`&`,`8`
MP!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`
M&`,`8`P!@&@^P/XA_JP#@P!@#`&`,`8!IX@ZB'M95TNE2W&[&5QVU7J7U>)L
M\P.HAT-Z/<_+E7ERXZ&0[;C'J;5#>`]0Z_T92XM:%I2B^#1M.H0GLC\;IU`@
M`(F$/8]`>QE+TXDG"H[22*!E/$0!_"?PE*7V`^,83`0!'KZ`Z]1]K*H1ZTVF
MM/:6KMU6I*+C)MKDCJY.RPT,T7?R;Y%BQ;%\;AX].1BV1+^`QUGIFZ8@;\'A
M$<P<G.LXWWU)^ZGZS/Q\.[D_<HF_&OZG3Z:%CY+D/5Y458ZA0EHV#)%,8"A7
MXA3U280ZE*);&\69Q/\`[WH`^2JLH`>GP>$!'--<[GQ4W:L1N^8U2O3IK])N
M)]L9=N,+]^Y8\M2JUUZI>W2A11T^5UR=$=-8O6>L8\INB02[Z8N4V+;V0\YD
MS+!LF[L0,`@;Y0H4O3IX3=>H<QFX?<FY7?-P9V80_P!MS3X^ROBCI=OS.T<&
MQY6=')N77^QT.-:4I5M:5_0:!I7D`\45/(\DYMF951-0$ZY5*XS31(4P&.BA
MZR:2RQ0.'HZF.;I[0XCM?=MBU^\O67P6CN?T&OS-T[<?[RQC75%/A\/#[2G)
M;7?);6Z1[)5]O/MHHME0>2%+V!!Q2SZ79IJ%%=E!6"N-:^C$OO*ZF1*JR<$5
M.4$S&(!O,+B9^S=U[?%YV1D8\K2XI3G7DM$]'JT9>V;CVWNO_P"-&U.Q)T2<
M^F.KKQIPHJZZ\C)W75UB+Y5*_<(D/_361HPD")'`2J-OE29A\M1,1$R:I#E,
M`A^`0].=MVOF9.X8<IU^&*=4Z\GK35G"[[C1V_<88]R,D^M*+:I733C2NG-%
MR<Z$QQ@#`&`,`8`P!@#`&`,`8`P#F)^:']/]8X!NP!@#`&`,`8`P!@#`&`,`
M8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@
M#`&`,`8`P!@&@^P/XA_JP#@P!@#`&`,`8`Z![(_TY5U/@8[2A<<SA4Z`(]"C
MZ>G3H`^U^+\&5*;YE%Z[=N1Z8O0XP6(GU*H;PB`>(_4/0D0>H@=4>G]V0>@^
MD<2G'F6[%J\M7PJ=9)S;!BFFHLXZ)^,H]$D3N%52B`"442)@8QTQ]CJ`=.N8
M%^[^SP-Q9M.E6M2E7Z]QG072@T&4$R4*7Y/,2(`Z7,(@/_J$HS\Y-5+\'F=,
MP8Y=R+?),RY0Q;22N_'-<OT'31>J6/GE?6R2>7N8((&]8V("*-D0'T@DPBDA
M!HB0/8'Q`/4`#VLM7++R763XD1RW;7[KX5["O$X%%N!4FK9DS0(`>4#)(K0B
M9@_"+=$A$@`2^CJ7TYCRVF#DI+Q]A$,^]%-3=84YNIV2"!T/"7P$2*(^$Y4Q
M,<%#>SYQC&])0#H/L^WG18N):LVDJ:T_4:N]F3NW?B?/3ZS1TN!"@5$X^<95
M(G]T'C$`.8`$QO"'Q4RA^<8?04/9S(=JRWTW-(F3;OPMQZ[ZK;_3R+/;=VI#
M:TK:\Q)JKO7KA0(R`A&Q%!?V*=<F(@RC8\I`$YCBLH!U#@'A11*=0X@0AA#B
MN[,AY%AV++HM?9SB^9L^VNW]PW?<%GU\O%BTZ)IJC3CK75:K3Q.#0U*GZ7KV
MFQ=K%LM9BQHOYUPS.D5@A*RBBCU\T:H$'KY)%%?"D)0\)`#,_M''GB[=*W-:
MR3_^JOV%?=6XV=XW.,J=+L25%KJU'IKKPK["_>=$:(8`P!@#`&`,`8`P!@#`
M&`,`YB?FA_3_`%C@&[`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!
M@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`:#[`_B'^K`.
M#`&`,`8`P!@'R'=H%,J052E,B/14!`0\(B7Q@'40Z#U*'7T=<M7+-^*\YI^4
MU5/3AP+.1&5N"NSTM/GR+?WO9U+HT8W>V.<;,$WPIEC4`%4[Y^HJ!12(U9HI
M*NU1.(^R!.@?A$,U.1N^!AS4,R]&$Y.B3K5OCX>!T_;?;VX;Z^K;;4KMN*K*
M2X15:5;JN923"5V/;BINHQL2E5TX]1>S"!7=CD4!`!%1HU`YT6315,X"BH?J
M<1Z]2ATR,B6;<OQ^7@W:<4T]-:^\S,[$V_%ORQ^KS;T=&E5)2UJN-*KGQ+E0
MD#',0!7P'>.#_P!XL[?JF7<KJ`4`%4XG^(41Z>@"@4`]K,_'Q;]$[T6G[:?H
M-)D]<4U'C["I^A3F$2=>@=`Z"("`?_5Z#Z`S*N8\-.%3378W;DEUIQ:\3>4#
M%Z^CV>GH]&8\K4HR^#@1!W(<F:^,"B'B^+XO07J(>D0`1Z!_1DJW>D^#:14[
MR6EY]*?"O-GR.'K-`2"LKX0-U,(=1*'@`#>(QO%X0$A1#TY7?SL?$@_/FH-+
MG["]8P;]]]=J+E%OE[>!B[<N1,*I+'I&K(M[N78!%EBC!U8Z3>#@ETOC$"SV
MDZ9H^%03$0\9P^4'('_Z(P^C.2R]_P`;/D\/:KL;VX/50CQHN/%):+VG98_:
M<+]M?S!3#VIT;N3ZG5Q^**2@^JLFJ)4]]$<&K]`SX6Y3;6[I1M<]DND0]6Q#
M8JJ=%UZB8IR#'T^*655*=^"9O`O)K@=VX^-X3)I&%/*=IV_<;^7YFY6Y07BZ
M4X/A0O[OW-:G@1VS:?W>+#G_`&I:UJ^?VZ</"F4I$5/,)XT3%$JQ5?,`0\``
M4!`"A^'IG?TLV[?3;:I3@>?SC\[.%Z[%VYVI52>M>7+Z]3LLQB^,`8`P!@#`
M&`,`8`P!@#`&`<Q/S0_I_K'`-V`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`
M,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`T'V
M!_$/]6`<&`,`8`P!@#V/9]&`6*W;>SZQH]MN;9FK+/X]F'J9FH<QVJ]@="DR
MBF2J:8>(K;Y2N4QQ]@`Z^G.#WW"S<2]>S;N13&O23A'KDNFB2>G!:ZZ?2;3M
MO8K&_P"[>1"Y+S;;;G&4O@ITO@J/^MU+7:<TR_9>KM@;;E0MNSI)J#LR[XAE
M8JIG>?WJL%`1IA,0B+,AO*!4WI,)?%Z,UG;G;65A9GSVYW87^IJG5)S4:5_:
M5%HTOL.V[H[VQ[N.NVMK4,+%@FJVNFW.::7&495:TJJU?UF1BLE&P*2B\C*D
M8($`YU%)!1)LW;I%ZF^,LN9-(I0`!'KUZ`&=_NG<FT;#:Z-SNV8W5'J7Q03Z
M:.FCDM-'0\QQ.T-SR+R>QSR+[E*M)3G=DY-U=%%5IPHBW]9W]IFU6I:GUS:E
M%F;*E\7U-&VN`>O3J=3%!L5JU?JKF7'P"/@`OB]S.0PO4K:=SSOE<6::ZJ+6
M#YKPF_$ZC,[.[UV[#\_<\6[;QDE\3M78Z>+E**7)E[VBA%4S*D*4OB,(&\!P
M.'4G4OL@(].@]<]!<U<C&<?NM',1A"W*48SZIU^+6M'^@^O*2LIJUDG58A5.
MMC'EFA-XF1Y,'`LB*$`3=5A;%.H!3!Z/8].8&?+*C;C\I][JUXO2GL]ID8RQ
M7.N7]Q<.''Z?T:F/SW4=XV$X(3:MVF%(1U\1S4J6J$%"*)D$!`7TR`ISXMSA
MU`R2(IF.(A\8``<UOR%W,5,RM'[U^=>TWUO/L84*X*C7F^+K33AQ+PT>C5RC
MH(1E5J<;5XI!,Z1",4VR;IR8I!**\B9#Q'<G4Z=055576,/YWA]G,G"V/;L*
M^LFPE\PDUI3GQX),TV9O&?G2\G(<Y6VZZU:5.%*O3Z.)<7-P80P!@#`&`,`8
M`P!@#`&`,`8`P!@',3\T/Z?ZQP#=@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P
M!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`-
M!]@?Q#_5@'!@#`-.H>V'^D,50T7$>(/;#_2&'IQ)HS7J`^P(#^(>N"FJ-R@@
M!`$1```HB(B(````!U$1'H`!E,IP@JS:2]KH5).7W=7[#"+D'R#U+$L;/KIQ
MZUO]P>J,XTM(H3-:;L!G#H$G#,1-'`JFP.0Z8&$ZH@)0]GIGEG?_`*A=K;5C
M?PO*5R]G<%Y=J=Q)UB_O1JEQ1Z9V!Z?]RO+EW-=\O%V63ZNN<XIN*4H/]VVI
MO6J3Y<>",=ZRV[E5GK"JS9?5VOVKWSC5QK:Q?/KFSBC*&^1-Y0&8_)6\BBU\
M(#T^,`_G>GKGG^`O4K<MJG?P+THPE%JVI77%Z2ISU1ZENS_#A:W*WE8_SN1F
MQE6Y7%4;?#AKJU7P*(>\/>5-]^)M.ZZ^O"@G%PW->Y&U6F/822@_WP-:XT5+
M&$:H>@4BG`3>D?%^#.:VCTV]2=[LRO=Z94I[D[TU&M^-Y>37]VNI^";^'@C-
MW/U-],L+*^<[,V^-G$A:C%PA9=CXX_?N+FI2HM5KH7NU7P./5)ROV:^[&5L3
M^L2K2=85BEU>#U[58Z00`Q$S"6+2(]DD2%]'5<PG,4.@^@,])[9]);^SY$<K
M(N*3KP70OV?#W'$=R^NW\=P9[19Q5;AT]/F3E<N2HJI+XM'Q>G"NI(VP1\H5
ME5`1^4./*,LH@`E(H4GF>2`=?PD(<0'I[(^G/;[=MVK,+3UZ53[3PEX]BW=G
M?L5_>M-U]BH=CURHDXE>G0/2(=!'V/P^C\.4RR+>-25WA+3A4L7K$LCIC!T:
M=3@$W7T=?1U]D?1_7E+OPOJELV%FT[-NDG5_T'*3T'`!$?2`^@>GIZ`'IRS#
M&NPO>;)_#KI7Q,:>3:E<\I+X_<<^90&`:>(OL^(O3V^H=/9Z=.O7V>OH_'@#
MJ'L^(H@/L"`@(#^(0'H.`:X!H`@/L"`_B'K@4:XFN`.H8`Z#[6`.H`(!U](^
MP'X1_%@#`JC3J'MA[/3^GVOQX%&:X`P!@',3\T/Z?ZQP#=@#`&`,`8`P!@#`
M&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8
M`P!@#`&`,`8`P!@#`-!]@?Q#_5@'!@&@^P/XAP.!TJYA*)0\/7K[`^CT=`RS
MDV&Z7<7[W/\`-S^DR(86+F1\^\J_7[N31J(-^G42_@`3>DWH#TY;RKRG8\K+
M=/?_`$&-\]?E<>/@)R2\*?I1C]NCD'1=,Q:7KE64F;%*+?(X.G5%J>3MLVY5
M,8B!6L.`"JW:%/T!5QZ``.INOHSG-^[JV_:\=6L'][G.*48Q=&I4:7WE3[R7
MUG3=N=CY^]77?RTK6'7JG.7W5&J;DG&6K2K5*E*<2Q1:QOWD$U1=[%E9G1&N
MB*IK*4VJR:SF\V%B/0Z#><M)4Q)#,UB"`*(-&YG(>D#+9PEC:.Z>[KGG=R]5
MO97_`&&HZQ>J^*#C+FU[3N\I=J=IP6/VYTY.\:/S6VXP<=-(RK%M\=>')F56
MN-0ZXU>P4;:^J<'7TI`I5'IVC55:6F%0`"G=2<FX55=OG*I@$3**F$P^R/3V
M`[G9^T-IV:U"UM,(PVV"I!)SEIKSE)OBWQ//MY[DW3=<N=W=)RGN$I5F_AC\
M6G*,4N"]Q6L_;(*J(HKV:<@*XU6.1%N>>G&,&U54Z`!4F[AV9,'"H=>@D`?9
MSKWDXUJ"CU)/Z?U&@L8^1<GUT;U]GZSN&;QH\9D=,G#-ZU=@*R*S58GR-1,O
M0WFI.DO$FJ0>OYP=>H9:69CS?35?;^HG+QKZN=:3HDOHX^T^QFNFZ3.L@9)4
M!4$IQ0=`Z(4Y2E^*)P^*0WA$!\(?@'K^'*O*L3U7Z3%=W(CHD_L.%ZZ;-U&Q
M7*A4CK'%-LF=1%,'*W3T(!YOI$P^YZ<GS\?&32:5?>7+63?C\,DZOAP.-1[&
MMD'+IW((-FK<IE72SAPT3;,.GYQ%EQ\)4"EZ>R(_@'*5N>,_[4:KWEQX]Z\]
M4]3KZ]9(*S$64@YN`G6K<1*+B$F6LL)#`82B"XM3&!/TA^$?9RB[+'S8Z-:.
MO/\`H"LWL-U<7K^7'4[]<`(EY@]`*D/F'`_@\`D(41-XSJ=2ID`/2)OP=,QU
M;L6=4^'O)4KMS@N+]A25?N-4L<F\9P%GK,Z\8B<CYE$SK"4?1IB^@R:C=L8Z
MJ0>(>ANO3IEVUEV+L_*BZ_7^H3QLBR_-DM/H*O6,4A!$_F=.I`^(50QQ$3E*
M4`!+XX@)A`!Z?@R^[]B"XK[2E*[-:K\Q1KVXU=E*E@U[?6F4YXD_+KRDW%)R
M:@F,`E`L:L(2*RBGX"E+XA'+-_<\>W;E*JZDO%_J+MK;[]VY%--QD]*+^DPD
MT'R-OFR>7?/+1]H1AFU+T!(Z;9:[%NQ5(Z42O%)D+5+NY,Z(%6640D4@$@%'
MQ#T^+T',&&\0N7';3U3_`"Y&=_"91L1R$JQ:7Y<?$R0X\AO0NN6).0SO7#O9
M/KBPFDCZM!\-33@1D5@K*,<:4*10\@:.`@N^OL*]>F9\;ZE%M^%>/LJ84[3B
M].'N+DR=TJ,+(ECY:UUF.>&#K\BE+3&1[WT].G2.6.17V?<S'L;Q:C83ET\/
MI_,+=B^KO5%-_P!1422B7EF51(=1-<H>2JW`W7H;KX1#KT]'3\.8N/N?GY-5
MK%_EX&1N'G>2X:^8EJM/8=L0!\).O4?07KU]D?0'7K[N;R4THU9C1=8)<Z&/
M.NQWPE>MP_XL36NGU!4LJ:FF&M1:R2%DBJ@5@4LD>Z*NW`-1E4Y,#E3,GT*(
M!U#VLPKF7&.M2EV>KW%T9"S0,"R%_-3T7#,%`*4)N3G6S)J8X@`%%%1\<69>
MH!Z0*80Z]<P7O"4W"JZ4_P`N1G6MOK;4HUDZ<$G^>IV,+,L9ULB\B)6+G(\/
M%TE6CQH_(3H(@`IO&`BS5\73K\4?1[`^G,VSG1G^7]!C7L9V_P!&GZ#ZI&28
MQK=U(R$@PCV#%/S7,D_<$:(M$^G7Y2HX<?\`I2$,'X1$`]O,FYGXUN#BY4E]
MGYC'A@WKE]7(JM=/JX\RFZW>*9;U%PJEOK%P^3AYKA:O6**F5FH^+P^-5").
MHD0Y!Z?G=#>GT_@S7PR+$KE4T]:_;[C8SLW80HTXKAK_`%_T%<MQZD\0*&5`
M1Z@H8?2;T`'7P@``3I[6;/S874I6VJ>PU_ESM2<9\:G/@D8!S$_-#^G^L<`W
M8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@
M#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P#0?8'\0_U8!P8!H/L#^(?ZLB2;BTN
M-&"GG!A133ZKII$`X+K.%.G@*7\/QA'H`=0Z>UFCQLV/;N-U;L]&N-:<_P#:
M:\48.3;SLC.C@85=6_'PJN'ZC`?8W(.V;0NCO2O&8(Z2L,<45+GM%WYKRJTM
M-0QDW*15VYA0D)Q$A1%-$O4H#Z!SB=S[IAW-D/$V.2E<2XII^S3I;YGNVS]E
M8G9.UQ[B[NC*&+-Z6YZ2=/B^+J2T:>BJJ+C0O7IGCU5M5F>V-[(/KM?9M)%2
M<O-FZO9M9PL4%%5(A-UYQ8B/67$QBIH"3PE-T',S8.S[O;MWYU=67=NRZW7J
MN],I-2:I)?#1KARX<SDNX^^Y=S0^7I#"P[=80C'IM*4%51;<94E5/CPD]3)\
MG04TO,`ICB0#"8@?$\8^R)>O00Z_Z<]#Z(3MQE>^!T^[]U_4>=K(OVI>7CJ4
MXO\`M4ZE]?@6WVG;!HVO[W<O)5=?0JJ6*S(1C<Q6RDAZCAG<D9FL4!%9PV<'
M2#P^7T,)@'VO39SUY>W>9934:5_Q?G\4;3;8^?F*-YQ=QR2;^A\./+Q/)?QM
MV)H7DE4U.1_.?2'-[E7LK:DW-3T.1II7<Z^D=:5091RA7(G6S*J+QM?=(-(1
M-$CMR59PL9P!C&`INH9Y-;SLJ_E.$G)R;Y5I^?4],S,.&+CIXOE1M1XUIU/V
M?=T_2O`R<XP[,D])<V-4U#B!JSFPGQ5W:YDJ_NO5N^M1;@0H6J9OPE"I;0U]
M>[K%'/"1+EX<K-U'G7,B=,1,7TAZ.DLX^8KRZ>JCBM'7]1RU[*QKMB3NN+O)
MM*44EIX-5^CB_'1F0W+![=>U%LRQ\YJ9:+!9>)>S)SRN3NA)RQI.92NV]XW!
M",V=HMC8IDJII6850`'D`@8`$AA4(0H%S+W&_E86/UINM/;[?U&+M]C&S<CR
MI)=3^KEQ_+4NGP*I&Q>6=WC^XSR)LJZZUG2>MN+FF*S;3/->ZCU4_*<6LA8@
M@I):(L^P[&*7G.CN"J_(50!$OA$HYKNW9YF^6LB[U5=N<537FF^53.W_``,/
M;[MK'M)];MMR;6K;?+15TXM?08;\9N&R_,7E5W$WF^]K[1M7'S7_`"SEX.K:
M.J^P9^NU*0M!ZO7W=@=6M5E(-9=:,;M#LRHL6ZZ#9-3SA`HB8<QX[?G?,N,F
MZ+PZO`S;V38QL:WY:@IR3UEK2E."2U>OL+C\Y^"]'X%:<L?-[@Q)VK16S]`M
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M3F/=N96-#YBLE33GS^HO6XPO7'9F[<K<G6FB:27+QU\?K,AMI\T.7&R^'O`[
M5@LK7HCE#S7V"STEM&<?5M[6;1K^+KS22-L6W03"P`R<P\W*Q;%-1#Q)"(`Z
M/X``Q0$,C%R,W+2575^_\M3!OV<#$F^O6$=4M/J:YTY>!F4Q[-/"9&K!$6"H
M7BU6\6JIYC=TKN'88;8?RJ'0R<XUF4I_U<S7>N@$Y4TR%!,1Z=.F;E[/DRM2
ME/JZ$GK\7ZJ&IM[W;CD05EQ\SJ5(T5->3=:_9]!C[VO-6VO3/+_N::NMNQYO
M:3FH6+CJW@[7;797]M=TQ]KFUGIU?L+QO_[Q]#)JBV.Y$3*&*S3,<WQ^N8N-
MB7+,Z2K]-=?`W69EV[UJ+MZ:\J)+Q:\>>G-/@?+PGO2T;V:++:K/R0F=*%3E
M=Z^L>0DK\IL=BJ$=_BK8&`S<:UDS/7+N:3;_`/I638/$8#>#P%Z]`S;K)=O'
ME&M'TO\`-0U4['7FQ?2Y*JX>^OV+6OMH82ZVUCP7N%/9R%.[=_<6Y8)2+0[E
M??=P3NM9DM@.T#^5)6EN_O\`L&C(QZ<N]`7*22:*92D'H4O0,XZ>3Y5C^U1)
M<S?Y$E&^TYV%-MT5*T7+6J;T]B,XNT5:+K![QYCZ!-7=X:_U%K@FMKIJO5/(
MB81G=K:W+=H@Q[%'&EFD]8W$C49!1H1>+%1910I##^`<W':O5?OR5&UI3V5;
M_0C5]P9.+Y,)IP<UI)I)5HO>Z:OA7V5/0"*GC(B<HGZ&*F(>/J!^A@ZAXP$`
M$#^WZ`'KG=94W;BT^2..L24Y:<"$3B!.S;[<_>/0?S<R_0AMRRK6%1?2L@\1
MAFI=%UMT5K$).7*B<6W*Z.94$T`3("AA/T\0B.<9F9LHSEKI1_I]IO(6/@A*
MG&<5^8PQ[7G;:U1R?XFZWW;RTN.T>0KJ==W8M'H=IV7<HRE4:JMK/,)(Q!(N
M$F6SZ==-S)&.5PN8YP\0![`!TN8^#*_C0S-6YQKS+M[<XV+\L.+2Z'1\'K]:
M+O[7X_U+MD<G^'6Q.*=QV#4=8\A=XQW'[<6C;#=9FV:YF8>QUJT343.03"P/
M9!]`3<9+,D0`$A)XR#\8?3E,\AXKIJ5VH/*B_-I5:IKE[3M5*8^[FO//EA0]
MT6VSQW%WA/9:YJ"$TK6+#,TF-V-LV<CTIR0M=_D(IRVD)R$10,"35NB;RP'T
M#F).SF9N?))OHB^G2O%.G(VN-D8^#M<)**\V;<FWJZ4KI[>2JTN>IDAL?M!Z
M%*RBK;Q)E+3PWW76)5E+5S:&L[+:U6`"@Z;'?L+13[',.HFQL)6/2,W$#(F$
M/$`AZ<Z.QLN2X)ITG[Y5_,:2]O>.KCA<<90?&JBOS.GY<26FHLW\?!L&4K)%
MEY-LR8HR$EY8MU)!ZDU33=2"[,?_`-35?KE,J*8>@/%Z,VV#C7<6$HW:U;JN
M/Z36Y>39R91E9X)4Y:>"T\"ILS3$&`<Q/S0_I_K'`-V`,`8`P!@#`&`,`8`P
M!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&
M`,`8`P!@#`&`,`VG_,-^#XH_U8JEJ^!3)-Q:6C:/B`3=/SA]_+4^JY]S1&/&
MW=MZSDVO>!$?"/41Z=!Z]!'KT_#TRGR;T5U.3TUXD^9*Y+HM\2.[D)LV];$V
M%&<9='3`0M@>L#RVU;LDH=V?7=)Z%.#9+R3=$K38RB(,#]0.B(".>0]U;W_,
M^:MGPWHZU:Y:1?M7]D]D[0V/&[7PEWEW!:5^#E^ZA<H^MQK&JT4J/J]SI7@C
M)_3.F:1I>G1=+I5?:1<1'IJJ'>=2*S$S(.O[QR_DG(%!5RY<+&,<QCB(^,PY
MVVP=NX7;^,L:U8M1R):^8HKKJ]4ZI*GZ#B^\NYMS[EOUR\BY<M372K;E)PA'
M6D4FW]/B7R2;I$233!(@`4"CT$H>@W0.IA_]KKG76^JW'IBZ.FOM\?K.3\FW
M*W&%V*ETQ2556E$<OA+_`.4/]`8DE-UEJR['X%TPTC["D[!#LIEC+1;YNBX8
MS23N)E&AS>8$A&.V)VSMOU]EJN5LL?P@'H'J/_FS'R;=VY;\NK\KPY?5[T39
MNJU>ZXZ7*\?Z2%?7>ENX#V_!E-;<:*5K?EMQ4<3T]8->4VRW$VL-NZ=86.2<
MS3ZJ,I212D(>X0;:1?'*S(")!9-0*D'YN<C?VJ5EMV(I2Y4THSHHYUO*H\J3
MZN;?-+DWX&0NC8GN.[#W)$;8Y%RFM=`Z?J\7*LXGCEK%ZM?YRYR4HF`,;'L6
M_2(>1&FKAN@&:M$BI_&Z_CR,3&S7;ZY3EU)^+K]OY:Z"[<PK?[N$%*JU;27'
MPI3EPIX:ZE(5/AMNK?W)IWR2YS?1`]2U!-OV?%_C=6)).R:YJXNTU!E=PWHY
MT2I6>^6,SLY4DEB',R;B0I1`.@9D7,*_>_Y[ZDN3U7T^/ZBU;R[%B/3C*DVO
MO+27+AX/[$_:;]3<2]S<.>4+F0XWDC9/AENQ_(639VFIV<*P6T1L!5T9ZYM^
MJ1,F<`IMD.'FOHP@%3*Y\/H].58.W_P^U<6$O*4Y)M1^&K2IK3CI]FA7E;E<
MS7!94W.4(N*;UT?+V5_/JB.3C)&<[:9RG[CFX.)J&MMLU5WRYG:QL'CYL2PK
M5=XYE(BLP$JTO=(N#5,&<8[E4)PR3ALX34*8K=,`Z=!SGO*W+YIS5R;5=?B]
MAT%V_MD\.-NY&C2HG35>_P!M/$RMVAIWN1=Q&,8::Y"4+5O$/BR_GXB3VM&U
MZXK[*V[M6+AGB#PU*2D")MH>N5R652Z.%DD05,F`E$1*(AG29&-?S,2%N^W*
M*E75UY>WWG-V+V-AY4[MB*ZW&BHDM*\-*?6]3(OE3PGV7(7'1/(SAE8Z[K?D
M=QTIZ^LZ_7[I\M7UYL[3;A1LJOJVY+1JJ#IHB5=@FX8N^I@3.0X].H]0Q([7
M*-'!*,DB]_$824HWOCM3=7QTT\/>O>BW4CM/O`[&A7E"K_%GC[I*==%7A76Y
M[+N%S<JU`QSE,2_2RITM-L63L$HU<&$R*#E84@$"@IXB^C*KFW7+L.B<5T4X
M/7GQU]I1;R,>U/KZI.?57[*4TY%U^3W`V[<B.-NGZ1)[I?\`_$WQYGJGL/6_
M()[!M&B[W:]:#H^E9>'CO*%E6K(FX5:K)(F*)4U"F'J),1VV=O2WHUS6E2E9
MMAR<I0C*,N*?*BY>+\5[BV<=O7N]1D86H37"[1=JOK=`8A+;$?O):"UB]70(
M"/TF=P+QJO.MVPF+YRS=!8AC&$2E$,R+EO<7;E#KG1JGWG_46?+VWK5SICU)
MU7PJJ^EKJ?Z.1P]O?A_RKT-NSF;N#E);Z3L&U<G)O6UGCY:EO)1M&1!X>JR4
M1-U)LP?K*GCF,6Y5;IHG.*@KII@)1+Z,UO\`#\RK<IS;IXF9+,QVHJVDDGII
MX<RW,'VTMMV;M93'"VY6BJU?;#N]W*^QDZQ,:8J*<TIM&2O-5B9`AO3(,Y!L
M5%!VF/YI#&Z>QE+VW*<.ERD^/,J6X6HY'F\G%+1<>=?92I6=<W!WB6=<C=>$
MX3<>F5K@HEO#I[)'?)$=;@=!'R$YII26\<G."B0H?W;/Y1T*`>',-[=<DE&4
M4Z+F7;D\.3E<DU\<JOAX<%S6NNFM2C.(7%_N&<=^9NT=S;CDM6;^IO*JO5!_
MM79$3.+TF7T_/51B[;1E0IE"?$>N9VM,&9TT4A\\/`FF4`Z!Z,NX^%E8;<L?
MX*_LNE'QY?EJ6KUS`RXJU."K%\U7J7#5OBGIKQ)WVX>)%$3"!_[I,?$)?#U^
M*`^+P]/B]?:_!G<3@KEB*EK-Q5?;H<A"L+TDM(*3HO!5X$7N@^*>T]8[3[B5
MELR\$WA>4>R75FUJ+&107<J,%M7L*GX91$4.K$XOVQ>H]1$/#[F<GF[3<N2?
M3HG[O:=/9SK'1",E5QDGSY-:Z/V,N=VY^/U[XN<.M1:/V82)1OE+3M'K<D`Z
M!]$G&2L<K((G2>E*0'1#LWR?B-T#X_4/P9N<+$O6=MM8[;K"-#"S+^)>SKE^
M$8],WX?;[^11_//C7L3D+9^'TAK3U)\GT=R=J6UKF28E#Q)TZM%1%FCGGJHJ
M?0'[Q1RZ(`H#Z#E`N:_+VV=U\$1:S?*3471OC0Q[W;Q"Y9:1Y87SF;P#D*-9
MWVXF48TY`\<=J22];K=\?PC46[*U5.U,2BO7;4"/3S!,`@H8H`/HS'MX5ZQ-
MNS)QU;T=/?\`3]ILK.9CW<16LC5IT3I6E.%?8O!Z/GH?!92]VCE2R0UH]H6K
M>"=#DG48C;]HQ&RGVQ=RA$-W:3^89:\;1@,&L(]?'8))E=NP5ZD7/UZAZ,RO
M-W/1*_=C_>?A3\O>4QL;3&LY6X79?[J\6^2HJU]VGO)%-5?\14?L;8,'L5"E
M+:5B("G-=4SL1*/E=GS\ZA&I(VUWL1$3A&D?O)$@J(@S(FD*9OC@)_3FUVUW
MW;G\Q.<Y55.IU=*&NSXX\)1^6A&$6G7I5%6OYO`R>:*>,#!T4*`%(*8*J&.J
M*)C*^`ZI3"/@.8Q3![H`'M9LC`/LP#F)^:']/]8X!NP!@#`&`,`8`P!@#`&`
M,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P
M!@#`&`,`8`P!@'$N/A15,`].A##U'V`]&47?^7+W,AR4$YO@M3JCJCYG@)Z1
M%(PE+^`3^$1+U'V0^-^++F(OW?4_RX%V[.,L3KCJVOT%O-I;"C=8:\N-XF%S
M)LJW!R,JHH`%'HHF@8C9N4/"/B`79BA^'-'O.]6<2W<@GKT25?:TTN7B9':V
MV2W'.A%JL7=C7_=6LN:Y5,;.&^IC4_7I+Y:TO%M';"Y[G>9!P43N3NYM521B
M8IPX$W4C:%CC@@D0GA(F`>@.OISS?TP[8OV</^(9J_\`[!JK?/5S7*5.'L/5
M_5ON7#SMWEM&"^GMS':C:2K1=,8J=*KJ^\J*KKH^3,S"`)2B42E`WA$A1*!0
M$H#UZB`A\8>O^G/9;[CD67&'_P#(2T]_#W'A6TQOV[D[V9_RHZQK3Q]GL\3N
M4P\*:9?_`"D*'I$1'T%`/9'TCEN"DHI2^\EK[S9RDIR<EP;J;\J(.(44A$XB
M0O502F/Z/SC%_-.(!Z!.`![/LY<4J*A:E8<VY)\0*"!E`7,DD98@"4BQDRBJ
M0IO9*100\9"C[0"&42MPEQ1=2E`T%%$0,4$R`4P"!@`OA`W7V?$`=.HC[>3"
MW&"HEH4S;K5\3=X"^+Q`'0W@!/J`B'0H=>@``#T*/0>G4/2(?B#*J(IJSYU$
MQ(H"Z91.9),>J9``RJQ1$`$GC/U^+^$0_"/3*)N*72^95&KU+'Z:X]ZUTI-;
M@FJ%&OF;S<^R'^TK\L\D'+Y*4NTFP91[V023<.%@9*`RCT4Q31!-$H)AX2`/
M41P?EK?7U\O'\F9CR+CBHOBOTE]1;(^SX/3U*(F\1_&/A'J`&4\7C,3VRB/0
M0]D,S;;BUTKD8DTT^H`@B4Y5`(`'(4Q`$.OYAQ$1(8O7PG*7J/A`0'P@(@'0
M,N4115FGR=#PD*"1"`GX@)Y8>5X`-Z3`04_")2B/X`]&.E"K`MD#=>J1!ZE\
M!O1Z3EZ=/CC[)Q]T>H]<40JS8+)H8QS&;I")T1;FZE#_`-R("`I@'L%*(#Z>
MG3KD/IBJO@*LVHL&B'E>6ET\@I"(^-154$B$2%`I4P5.?PAY0]!Z?G?AZCEO
MS;/C^<59R?)&W@*D""94RF\92$*!"E4$WB%0H$\/A4$P]?$'QO=QYMEZ5_.2
MFZG*9-,P%`Q0$"CXB@/7T&]OW1QY$/`O]5RM>?T'S_(&G0I02\!2'\Q,J9U4
MRIF\`$_NRIG*"9/"'YH="_AZ=<>1#P'5<_*A]@!T+X0]@`Z!U$1'T!T#J(]1
M'+:E1T?!&)-5J?,+<@&*8`$HE$1`0,8!ZF,)S=>A@Z@)AZ]!]&9$;ENAC.W=
M;^']!J*)!*8@E`2F`Q1#K[)3B!C!UZ]0`1RQ+)AU./)%:M7$J/B<2D>S5\7F
MMD5?$IYW51,J@E5`O@!1,3=12.!1]`EZ"'7+\7&2JB/+G^5#D3:-TR&(1("@
M?IXQ`3>,_A]@QU/%XS'#VQ'KEF<;75JM?I,VP[D;:7M9N^2MO-.OY"7GJ`!3
MK`0H*F`````5`#QCT``_#^#**6ORJ7>JXN!K\G0\13^4F)R_FJ"4!.7T]>I3
MCU,4>OX0'KER"BE\/`IDY-UD<A2%('0H=/1TZ^D3"'4QN@F'J80`3#TZCZ.N
M5%)NP#F)^:']/]8X!NP!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`
M8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@&Q4H'3.0WYI
MB&*/3T#T$.@^G*+G_+E[F4R@KD7;E]UZ'7';HE,"HB8O@+^=XO04`]D1_$&5
M6*^2TN/]!B7/W25C7RJ_3X<?<8Y<F:2_N6EM@5J.1%ZL]K[A)!D<!4,[11=(
MNE1$>OQQ\M(<\T[HV_*O3<K=:I\*/7XDSO>TLK$VZ]#I^ZTZNO!RBU3Z:EUJ
M<Y8SM;C)=@0?5S^'CUVJ:8^`ADA0`B9"D``\)RIAT#VLZKMK-R52JBDTN$:<
M*FB[EQK-^W+'NN3BI2YNM&T^)6I&J0CYG0_BZ%``$X]``H>CJ'N9N\FS&-[Y
MN-5>]^FGL-'"X\JTL>[_`,N/"FC\-7S/N#+R;:3?%HR%%172N"T&22:"4!]/
MI_TCD4*U-I45#7_Q^'X<JJR.IC#;92]1BK!M,0#>R(AZ.GH'I^$!_K#+<X1F
MZRK5%49N/"AM3222%04TRD%4XJ*>'J'C.(``F'T^R(!CH0ZF<G_CV1Q&"BZJ
MM0Y-JC&7*LI&*L#%6!E,X]<7%UHP/_'X<QOD[7^U]8'_`(_#DK$M)U^+ZQ4>
MCVOZ_AS*JRKK8]'M?U_#BK'6S7K[F4.*DJ,M]*K4TRV[$'X_67%*G"@Z!_X$
M<M?)V:U^*OO(;;&9,(J"I'@0.GX_](_#D2A&;J^)4I-*AIT_'_I'X<I\J'M)
MZW[#7*XQ4>!2VWQ&5$#`.8GYH?T_UC@&[`&`,`8`P!@#`&`,`8`P!@#`&`,`
M8`P!@#`&`,`8`P!@#`&`,`P=[A&^=N\>=!0EKT4&NT]GW;D%QBT76Y':T#8[
M11((V_M^Z^T^_L4W7JG9Z;/S!("/N*KM)NWDFHJ*I%`3>$1`0+7?0?O#?:3[
M='[G?(S^-+`'T'[PWVD^W1^YWR,_C2P!]!^\-]I/MT?N=\C/XTL`?0?O#?:3
M[='[G?(S^-+`'T'[PWVD^W1^YWR,_C2P!]!^\-]I/MT?N=\C/XTL`?0?O#?:
M3[='[G?(S^-+`'T'[PWVD^W1^YWR,_C2P!]!^\-]I/MT?N=\C/XTL`?0?O#?
M:3[='[G?(S^-+`'T'[PWVD^W1^YWR,_C2P!]!^\-]I/MT?N=\C/XTL`?0?O#
M?:3[='[G?(S^-+`'T'[PWVD^W1^YWR,_C2P!]!^\-]I/MT?N=\C/XTL`?0?O
M#?:3[='[G?(S^-+`'T'[PWVD^W1^YWR,_C2P!]!^\-]I/MT?N=\C/XTL`?0?
MO#?:3[='[G?(S^-+`'T'[PWVD^W1^YWR,_C2P!]!^\-]I/MT?N=\C/XTL`?0
M?O#?:3[='[G?(S^-+`-!H_>&Z#_^)/MT>P/_`.3OD9_&B.4R58M>P<#@/1>\
M(8H@/)/MS"`AT$!X=\C.@@/H'J'_`!FC[.3:?0J5_+[#'O)3U_+\S.`^O^\"
MH0Q%.27;E.!BJ$ZFX<<B3"5-4O@,F`&YE=!()1Z=!Z]0]G*;UBU>UDE6G@N?
MOJ+5Z5I=*DZ5KQ?^5'30.I>[Y74EVL=R7[=81IQ2^3,S\/N0P(QR2)1`J#)%
M/F*02I=!]@QC#Z/1F+B8=O%KT*GY>Y&=E9<LI5FTY?E[_`J,*/WA0_\`S*=N
M?]SOD7_9S.S+N-25'^7YS#@HP=53\O<D/H1WA?M*=N?]SOD9_&=DK@7A]".\
M+]I3MS_N=\C/XSLD#Z$=X7[2G;G_`'.^1G\9V`/H1WA?M*=N?]SOD9_&=@#Z
M$=X7[2G;G_<[Y&?QG8`^A'>%^TIVY_W.^1G\9V`/H1WA?M*=N?\`<[Y&?QG8
M`^A'>%^TIVY_W.^1G\9V`/H1WA?M*=N?]SOD9_&=@#Z$=X7[2G;G_<[Y&?QG
M8`^A'>%^TIVY_P!SOD9_&=@#Z$=X7[2G;G_<[Y&?QG8`^A'>%^TIVY_W.^1G
M\9V`/H1WA?M*=N?]SOD9_&=@#Z$=X7[2G;G_`'.^1G\9V`/H1WA?M*=N?]SO
MD9_&=@#Z$=X7[2G;G_<[Y&?QG8`^A'>%^TIVY_W.^1G\9V`/H1WA?M*=N?\`
M<[Y&?QG8`^A'>%^TIVY_W.^1G\9V`/H1WA?M*=N?]SOD9_&=@#Z$=X7[2G;G
M_<[Y&?QG8`^A'>%^TIVY_P!SOD9_&=@#Z$=X7[2G;G_<[Y&?QG8`^A'>%^TI
MVY_W.^1G\9V`/H1WA?M*=N?]SOD9_&=@'(6C]X;H'_XE.W1^YWR,_C1#`-?H
M/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^1G\:6`/
MH/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^1G\:6`
M/H/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^1G\:6
M`/H/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^1G\:
M6`/H/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^1G\
M:6`/H/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^1G
M\:6`/H/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^1
MG\:6`/H/WAOM)]NC]SOD9_&E@#Z#]X;[2?;H_<[Y&?QI8`^@_>&^TGVZ/W.^
M1G\:6`7:[>N^MI<DN+L!LW=*-#3V<VV?R*UA:UM90T_7J-).]'<B-I:6:S=?
M@[/8K9/1+:=CJ"B\.W<2+LZ2RYR@?P@``!FS@#`(S.ZU_N`TE_W!>V]_G?T9
M@$F>`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P#0WYH_B'"(DNJ+7B<
M'I]O+=R'7P="+<>A4>H_I][*%9DO[3^HK?2UJCB!(H&\?41,'L>GH'_V?8S*
ME/J5*&+;Q^AUZJLY<L*%'6I>Z/:,N%8P!@#`&`,`8`P!@#`&`,`8`P!@#`&`
M,`8`P!@#`&`,`8`P#F)^:']/]8X!NP!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`
M8`P!@#`&`,`8!&;VCO\`DU/_`-5W<#_SZ<D<`DRP!@$9G=:_W`:2_P"X+VWO
M\[^C,`DSP!@#`&`,`8`P!@#`&`,`8`P!@#`-IAZ!U#V\`V>,?<]_X<`>,?<]
M_P"'`'C'W/?^'`'C'W/?^'`'C'W/?^'`'C'W/?\`AP`)Q'T>C_Q_3@&S`&`,
M`8!J'LA^,,`Y?`7VO?'X<`>`OM>^/PX`\!?:]\?AP!X"^U[X_#@#P%]KWQ^'
M`'@+[7OC\.`/`7VO?'X<`>`OM>^/PX`\!?:]\?AP!X"^U[X_#@#P%]KWQ^'`
M'@+[7OC\.`/`7VO?'X<`>`OM>^/PX`\!?:]\?AP!X"^U[X_#@#P%]KWQ^'`'
M@+[7OC\.`/`7VO?'X<`>`OM>^/PX`\!?:]\?AP!X"^U[X_#@#P%]KWQ^'`'@
M+[7OC\.`/`7VO?'X<`W`'3T!@#`&`,`8`P!@#`&`,`8!L,80'H'3V,`V^,?<
M]_X<`>,?<]_X<`Q\W_RTXT<56=-D.2.]-7Z1:;#L1:G15=D6V*K`VZQB"`GB
M*^E(N$EI1TW*Z2%;RBF*@50@J"4#!U`I;?G-OC5Q@V;H+5&]]H5O6MFY*3%R
M@=7.[5)QT+77LK2(%"P2;68G))ZU9P8/V[E-NQ5<"5!T].1L4X+*)$4`RC92
M#229M)&.=M'\>_:MWK!^R72=,GK)TD1=J[:.D#J(.6KE!0ITU"&,0Y#`("("
M`X!]13B(@'HP#DP!@#`&`,`8`P",WM'?\FI_^J[N!_Y].2.`298`P",SNM?[
M@-)?]P7MO?YW]&8!)G@#`&`,`8`P!@#`&`,`8`P!@#`&`;#^Q_3_`&#@'RK+
MH-DC+N5D6Z"?3S%EU"(I$`Q@(43J*"4A>IC``=1](CTP"'#>O>IX^Z\LLS0-
M+T.]\DKU6WRL?:SU1W7Z=K6GO"""B4;8]DV9X9NI/O6)TW)(R*82K]LBJF+Y
M)F*A`-V/;'8?<?=JE=VJU%8<71W;DNBWU<XIT;DUSZ8NG.AH=X[EVG8VH9LW
M\PU50BNJ5/%K@EX5:KR.PX_]X;5VRYN+@-U:CNW'(L_98VH0E^E[!6M@Z@&S
MSBR+:`KUGO%;.QE:!(S[IRF@S<SD.PA5W2A6Q'XN3IHGR.YO3ON7M6'G9\+=
MS'Z>ISM2<DE6E9)J,DD^+HTN+:6I:VCNK:-ZEY>-*4;M:=,UTU?@FFTW[*U?
M+4F$]CT#G#'1C`&`,`8`P!@#`-0]D/QA_7@'/@#`&`4-L/9=!U-6G5RV5;(2
ME55D<J;R?L#U*/C&OB357.HX=+"!$4&S5NJNNH;HF@W1454,5-,Y@AM+B.)$
M%8^_APJCYQ5A2ZKR'VQ6TE3$2V%1=91K.GRR)0'H]KIK_;J18IZ/4,`@FX0C
MQ;KEZ'2.H00,/?;=Z8=][IBQS<3;KOR\XUCURA;<D^#49RC+7BJI51S.5WCV
MWAWWCW\J'FQ='TJ4DG[7%-?4V25<=.5VC>5-<EI_3EO&7=UAXTB[Q3)R*DZI
ML/7TP^9)R+.*O%&L3:/L5>7>LE`5:K*H?)'R0"JU672#QYQ>7AY6!?EBYEN5
MN_%NJ?L;54^#54U5-JJ>NAT%C(LY-M7L>2G;?->Y/7FG1IT>NID3XP]WWOAS
M&+P\8>[[WPX`\8>[[WPX`\8>[[WPX`\8>[[WPX`\8>[[WPX`\8>[[WPX`\8>
M[[WPX!J!@'T!UP#=@#`&`69WKOC7?'C7=JV3L6:9QD/58!S87*"SYBQ679(2
MD-!`L+F1<-6+!@$W8F+=9XY42:M?E)3JG*0!$(;2='Q)HV>>[9??1W?LMXBM
MQ#TWKBK:R,V;F9;?Y`A=)Y_?3F`HKS&O=25ISK^994=P8IAC92P2<<^DFYB+
MA%HIF*)O8.U?1W?-^Q8;CN5V.#A7$G!2BYW91?"716*@GRZG5JCIJ<)O7?FW
M;;>EBXD)9&1%TDTU&":Y=6KDUSHJ>T[?1?>#YANK:]CK_J/27(6$C%T1FJEQ
M_P#I+KO?;1D=('+Q2G42Y7#8%8V++1,<DH\/$J2L`\7;!U0.J;H4<KN7T<R-
MHQY9.UYUO)4'2<9J-MPJDTI3ZW&+E5*"FHINFNJ+.T=^6LZZK69CRM.7W7%N
M?5XTC1-I?VNFM/`]`>B-ZZNY*ZHIVZ]-6=O;M>WB/4>PLJFW=,7:"[1VXC9>
M%FHE^DWDX*QUZ89KL9%@Z22=,GB"B*I"G((9XU=M7<>[*Q?C*%^$G&49*CC)
M.C33X-,[Z$X78*Y;:E;DDTUJFGP:?@7=RV5#`&`,`8`P!@#`&`,`8`P!@#`.
M(_L_T?VC@%!7[9NO]6Q:$SL&VPM58O'/R..]:.@*\EGOA\8LH6+1*M*33TB7
M50R+1%90B13*&*!"F,&#N&Y[?M=GS]PO0LVVZ+J>K?A%<9-+5I)M*K>B.I[3
M[([N[ZSY[;VCM^3GY5N'7<\J-86H<.N]=E2U9@W2*G=G"+DU!-RDD^JU)NG5
M&^:H>\:;OU:V/44Y9]!*S]6D"2,>E,QGDC(1BRA0*9%ZT!PF)TS`!@`X#[`A
MEG:-[VG?\3Y_9<BUDX?4X]=N2E'J5*JOBJKZS/\`4'TT[^]*=^7:_J/M.;LW
M<+QX7U8RK;MW'9NU\NZD^,)],J23:;37(\FG?I[@_([B_P`K-.Z_O#_BHUX^
M-]W:3MU!?LN+TUR2Y*ZMH<W7'+6?W%./=J6*%XNTVT/MJ5R6AZ>PD5&\FL#4
MDHFJF#!94NPN.44I1KH^'BN?)O1:I+5M4.)46TVEHN+\/?\`F,7]Y3X<_P#O
MO->+_<&/=MGZ(TLLCQ@TXUXHZ60C*?9I_D+&5S=LA0.5%VML_99V*9%U/7&_
MTEG*/\F9*F9+*1KB/9G5,XIC2:Z+M'.-'PY\FE5TU3HFZII^%2ORKOE>>HOR
M>KIKRKQI7QH>XK7NOZ7J>ATS6&N*W&4[7^O:Q"4NE52%1%O$URKUJ.;Q,'"Q
MR1CJ'(TCHYJFD3Q&,82EZB(CU'+Q:*R)^<']/]0X!S8`P!@#`&`,`8!&;VCO
M^34__5=W`_\`/IR1P"3+`&`1F=UK_<!I+_N"]M[_`#OZ,P"3/`&`,`8`P!@#
M`&`,`8`P!@#`&`,`V']C^G^P<`PC[C6P9K4'"'D;N>O"Y-+Z0H1]W-F;5`'*
MLPEIZ7B]COJ]Y!^J)T[)'UI5@850%$A7`F4`2%,`RDVTEQ8=$JO@>/.JUG7F
MP%(ZJ<*[U'.&MI<R[B,T5*T!P?<&IY:8._M%KAGD=])8`\K+5P[ITX0*]9+@
M[,F4RSPZ8B.=9NOXBNX/2?:I[#N^U6%#$LRA;N7)/'4)<(.XNEPFO,E'JDNG
MJK]YMU?,6_37:N[<M;KB9EREZ:E.,:7.I<9*+JG'X4Z+7I\$D9'(2VLJ;R6@
M=,,:C7*Y1+LMK3C%L'CM:Y_Y7O2TU"]Q#6N;(N6VZD,2#64F99>>+,/'17AW
M+`4FCXH?$*"?+_A[]4=\WC8LOL[O''W;=>X<[+RMQCN4;;N8=J3B[BA*<G2W
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M%84SG.1.`4%SG_F(MJ[[XO<DVW;ET5=XQMKGA+JKD9MSDM*;3KFO[QQHFMPS
M\"U@ZU`:]D:M.I;!GJRJ==G*&;R#8IR_*%6WC*@07$Z`XN*'>PY`:HT_R-MU
ML82O(NP$Y>UO3+.Y\L>3^GN/NA]+M?\``BJ7%ZX<7QU3$IME"62;>*$C(5G%
M3D@NY.<RKE+H4JZE403F\+N[;JOE1VR+'W,KA1)K3M#UQ6-T6#:5,+-,[TZA
M#:,4F@M)*O/LV,&A:&DPVAP5CE#MF9CF7*F<I?")Q@DQ%T'WL>4FS=/6GD'L
M#M3[@IFEK-QHF^47&?8E4W11+=2MDUB/FT8J)HFV[S-PU+J.A;Q8(M<)E`)%
MT[3-$D4.F114$DE@*H[<'>QMW/S:F\-$1?&G7!=IZ-;Z>M\R]TORPIF[-3S>
ML=J.2M)>:A-FLJ77(A[;]7N5"DEHA,AR.5"+IMG)E4BD5G0C4]`N02,`8!YB
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M*OQ=,Y+@E3ONZ9W6N2V@.ZOLGBDV[C],X!Z`JO&O5NS:O.3W"Q[RP=V:_6=\
MJTF*_P#(ZA6Y>U1!'#+QO`=.E`9I@V\DH`=0.OEU?<=L237/O$17":>TCQ1Y
M.57=/)#DAM+0VJ+AH7;FK]605/JG.G8=]M->I;FJ:PIY)<B6L[?%R%E0?R;"
M;%BVC8LAW!U``R15(KXDGS2W\P%I6L;KMNM+AQ@Y(5W6^L^:K;@;MKDB9+74
MCI[7F[YQ4C.IDD56ER&U2->F7P*_*';>/$L<V*FJMZ7""9YKJ0=C0_YA3AK=
MMZL=<.*W?ZIIFU[2VII#6?*.<F=7K:ZO^U--Q;J6M\0A1HF]R&X:S5I-&/<(
MP,_*03:-FG27DI&*8P8K]0(F.5/\POR'ODEK#9'&JF[FXJ<;;]P^YR;IJ=SV
MMJK3EXF-P_X*M8UGKG:VNX1S:9)PV9PTZV=@YAY9Q%E72714,"Z*B9\BKY`E
M%LO?8I>@6^BX[>''CD;(4*S1/%BH7OE8_AM64"FRVQN0]`K-BC;!1M63%\8;
M&V)2VKV9$)N5J\6_AXAWYC4BJIB$\<UU!CSW5NYIRSX]=T_C+QSUK";VK_&_
M7^@[]RWWF74M*U)/2>^:QK5O)6&?@EK'L59RM5-5UB*KBK"P/&16LFW7?`HW
M*N)4Q+#9*)?>V;W!V/<MX^#R3K7'[<.A]?RLVA%T,^X&D:S=;)C$Z_$/)JW4
M[U:JLC(5&,M;M]"HO0'RWJ\8JJGT3,4`E,@D5)[/]']H9(.7`&`,`\^??2VC
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M,>"9VI6Z*!#K*'ZCU#H;@CI3T83_`'/8+LGZ![>4'LVO<CN4O`_D11)"SI<\
M]KW5[8^0%7L-Y:3FUZY3=FZT<58SE_*+UZ>8)1Q32[94&:#M,"">/.52*NO`
M'<6COY\J(>0[>U"A>V8[E]Y]R*F;*ONE].RO(V,J<Q6*Q!N>NMY._34]K)O$
M1)+?6Q">D2"8@Q46)0ZK.!%,JK!:C_\`VGZ9`\6).UW_`(L/JIS=B>6LSPM>
M<6Y';=>AZ2QVC"IMC25SG=US<0TBJWK.%7=@T?.7+(5$'Q!()ODHB])(.P<?
MS2FNM?<<N7UDW/H.OM^5G$ZW:RHZ>GM,;XJ>Y-1;H?[A6>DIUGUSO*L1:T<O
M5XA".75FP*R=+L_"BDF*JZXIH0G7@"#'N(=P3G18>5_,"9Y*07(GA4]B>U_J
M.UN=`:.Y4K/F,/-3V]]/J1&RJ+:(1I]'8.7F8>SF92('C?6;?RW;,ZIOBG$"
M<G;G?1Y%\.]`ZN4J?"H;YJ[3W#CC-LZY[RY4<JJ1IFS[X0MVI*;*R3?0<%+0
M<K:-ZV^.6=."RC]L@!W,BU<B5J`';F<$V^6E26J$R_#KN#S_`#*'C]=Z;H.W
MU32F_>/U?W3'7.P+D=+UR0F8]PY=5:2<1I%(MPI'2C<6(*D\*3@1*H"A%!%L
M55UI04TJ2;9)`P!@#`&`,`XS_G!^+X<`\MG#O9'(OG]RMYL\I-:1]8F96DLW
MG'_B]:]HVIS%TK0-.M<C+-WMEBJ%!PCVP3%RE:PR*^4$/D0K*.'#99]X3`7/
ME?M?,[F]0^[=Y[GVQ6I>1"6+A7+TZ0Q(7)-.<;*@W.Y*TF]>E5E)2E)42_=/
M\1G9GHY^$KT$],O0KO6]G8V!N=R&_=S8NV8L;N;OV9BV[4H8UW.OWX8]G#M9
M,W8BGYW1&W9OV\7J39.%P;XUZVX<:1AN.="M;B]2=9DI.<V):5E`7?RM[LAR
MO9>3FVJ3Q^E7EGB:*9&S(RHJ%;I$$PF.8RA_=.QNV-J[,V2';NVW/.N6Y.5Z
M?.5R7%R2;Z-$E&-=(I>]_E]^*/UI[T_$=ZGY/K)W9@0VK!SK-JQM^+%=-NU@
MXRZ+5NS)PMO(4'*3N7E%1=R<E'IC%0CXDOYCF*Y[37,JCWWDU$ZPW+PWX]6.
MW<E8CAAKZTR=2&2XB:CVGJ^@&W%R#LZ0F(K<-Q6'9J=5BRM5G[N+;BN"#-H*
MSP''92Z7\$N=?'Z=5P^SV:GS<F^18G1RG('ASR#VUW&KAJZ]V_D/QJ[F]6M_
M<":Z!L<A9?H=PKY<\?ZM<J!K6.8*K)U*:I%<EYEY&.DVC;Y/'*Q;%`72#,K%
MR2(6[=N*C"*45X?3^MZ^U^+%6^9[M]G\MZYHWGEQPXY;"LYV<5S8U??V>BH0
MD.^=F+N70JK>V7=K)2K5BY1BV=MUA<&ZC87+ANU3=5\Z1`4</B`-9!GV3\X/
MZ?ZAP#FP!@#`&`,`8`P",WM'?\FI_P#JN[@?^?3DC@$F6`,`C,[K7^X#27_<
M%[;W^=_1F`29X`P!@#`&`,`8`P!@#`&`,`8`P!@&P_L?T_V#@%#['U_5-LZ\
MOFJ[Y%IS='V53;-0;C#+#T3E:O;X5[7YZ..;H(D!Y%R"J?B#TE\74,-55`>&
M*\T/>O:7W155-XT5H+[32-IJ''WFK8==6"X:@V=JR7J<[1JJ_O%UI\8^=ZXV
MS6H*6:J35<G%F$;)RK$5FJRK1P4Z?I/>-KM+UT].;/IYWMG?PK,M96+.>3Y:
MEYUG'G5VXW/_``Y78TC+J=.I*2KP7$;;C[UV+W)<[AV&Q++Q+EJZE:4J>7.X
MN+C_`&HQ=:-+JHVJIZG2\?`VMR=O:5;X+PMEW!MVSV92<L?(AQ!3J6HM=6:3
MD1D9?<6YMOR,<P@)A]#/UCR"4!%.'LQ)+)$9LVR*70Z/K.3W?Z=^GW:4>UNS
M8V+UBW8=NU8M5E:58T<KT^#K]Z:3<I.JHJZ<CC[!W1W+O3W;?'<MRE<4IW)Z
M2T=5&W'BJ<(MI)>+/1;OWLGZ^W[P4I/`>U<H-TP>K]?V?4%UI5@AH?63:U5^
MY:P86IS8)IC)+58'DDOLFT6=S.2(R*[Y9J[3#Y,HFF*@&^8K]^[DWIY%Y]5Z
MY)RD_%R=6_I>I[%;MPLVXVK:I;BDDO!+1+ZCH"=DZWW:IO\`57)ON:\X>6NB
MK5L#5%SV1IS=4M0Y&M;$@=46!]:F^M):2C*VTFHRB7:=49J3Z#%9!>01C4$O
M-(0#=;161[;)[`&_M8\GNWK7N'?)K=M#XO:#V7SBV"RV6E-ZA_Q"X5,=_P!+
MBSU/6FFX:U0CA?8NOI^VM%VCAF^9R"[-J\=*"L0RXJ%`RIAOY;/CUJNHZ,2X
MP<F>1/&S<FI]4;&TM==^U)#7-KNV\:'MJW2=[O*%\C+M4YF"CIP;1,NEHB1B
MTFKF((9,J8J';H*)S4'/N[^6^T)LQY;VM%Y<<L]+5G;_`!DUKQGW_6X&RTRZ
M/N0$+IT&)J1==BV;8%7GK`ZM!7,>U5E3,U&R;X4O++\G16<)+1^<%+Q?\LYH
MZI[&I^X]=\N.1-(VQ1>0,QOJLVXE9TS:V<4[LNO:MK>P03:F76AV"EJNU8>I
M-U6$JY8N74<Y,91,ICE2,F!ECQZ[*&N>/>@J%Q.C.2_("W\8(AMRYB]OZ8L1
MJ2W@N1T+RRA%(9ZRVI)Q%<92X.]7*NG#V!=QJC)8KU;S%.H`(&`Q+0_EFM*2
M^D-@<?\`9W-_FKM?7[K3##0VAX"RW>OQT!QUUU%[#BMDQ3:!J=>AHNNWB33G
M(!LU.XF&ZB9HT%&Z2:/]T=&:@SSX&]I>J\'>0FT^3`\B=L[UV9N+2NI]*6Y2
M_5C5=1KK2&T^SCXJJNJG6=6TRFPM:;(0L4W:@R10,ET(94YE%U%%31^<$NN`
M,`8!`IWX^"^R>4&H=5[RT?2#[7VCQBD[H:>TD@VC7<ANW1.T(Z&CMITJNM98
M`CY&ZP;VKP]@AV2YBIR"T4JS+_?.4A#K>R>Y8=J[_;W'(MJ_MLX2M7[;2DIV
M9TZETRT;BU&:3T;C3F:3N':);UMDL2U/R\N,E.U.K73./#5:JJ;BVN%:GEFJ
M'+_7$-Q?N/$""L]1H&O9_:4M=-HQ5SN1ZA=D(TT14&*ND)_6EU-&V*C1;>P5
M=5S-MWGA(X1$K)-`J*C@QN@Q?0+TS[J]>WZZ9&X;=+M?&VJS8P<"#5EV,A=7
MGWKT9=/36ND$J.LJZ,YJ_P!^]V;1V,NR%C97\9GDSE>R)1=SJMM_!&W)5ZG2
MBKQ5%34D4[0G%K8/)[;M-N&M:Y_ASPNT;?87=SO92=+0@JGNC?M`8V=AJ.I:
MN;+,8T;I4Z//V9Q8+%,-BFB5UVC-FBNLNHH=OUGJ]WCVYGV;/;W;"M2A:ZE<
MN6DHV5%RC)VK:BE&59VX2E-*GPJ,6ZR,7L;8=UQIW-TWAS4IT<(S;<VTFE.3
M=6J1E)1BW75MK1$MG(KM)\S;SSJM7/3C+W%JYQDV;L/CSKW0%]CG'$VG;CC)
MN+I+Y.7=R3%&\W<[*'3EIIJ@N1))N*S<J8IBNH4PYX+3QXGI13_(3LE;RY6S
MM$W?O7G]8)?E]QWK6@VO$7>50U"A2:QIB^:VM!;CN'9$UJ:%OR->NLSR"E4T
M&LBW!=@VCHR/:-TP5*F?QJ$U,$=#]F7EQR2WSS38\H]FO],<5)KN[.>7\UJ)
MMI^',]Y1AK]G%252O.O-E*W-U-:_UQ=)=0[=VP5;/W!&S1,4E4UO,,:*.OT`
MR[T9_+PUG2^V)2-1W?KR6X@$OVY-AP.J2<3=.)<C'1MPQDXS_P`.;ARRED)R
MZRNNM>R%A</88&;)A*`H1$AG)2HD$%.7(@L"Z_EI=LSVK->::NG<)3M=#T5Q
MQY4<5]#,7'&^)C)"I:OY#G;KQ3VSRT9L=!S;;167!!!T<P-V[ELB@D@1L)55
M%92UJ#FO/\LM.W*8V,=YS'JLC#W6X\5;ZPL=TXSQ%RW57'7&R$K$`.MH';\C
ML9"7JVE)MM"++MH.+;M3MU1:%6672:J$=1TLFIGELOM&;LWOO-/D!O?F3%7V
M\H<1^;7$5NYC-"15-;H4WE*^MB=!?`RA;M\A45T[6["BS5`R8KSIFOFJ+(&.
M.*/F*DEO!_C4/#?B%QSXKFMX7\V@]35+6)KJ6%^CA;.:L1Y&)I@L%ZRF!B@>
M"7Q>2+I<2>QXS>SE1!E63V?Z/[0P#EP!@#`(BN]3Q!V5RRX>HO-$12$_R$XU
M[-JG)33E665*W_Q`E:(TF8RX:M3<G_ND76R=<V*6BV8GZ)>LEFWC,0@"8-ML
M.[W]@WG&WG'5;F/=4Z?M+A*/]Z+:^DP=RP;>YX%[`NND+L'&O@^3^AT9Y<N`
M6\M&:@W''<I]2ZTML@DRI^XJ5L'2U-<.:?8H#;<W'13./JVRM;2\[$U?7%AA
M9]@[:2\FK&_*FI5!5*"Y#`!O2/6CTQV_UH[+QI^G./BK.R<Z'S,TXVY6[3C)
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MCX0`.1-Z7'Y)=F/GKW.ZSI75O<VY7Z8F]7:5U'N-TLQXS1-GJ;N\<M;HZL43
MJW9EE@'M8K]?;TO3M$DV":#%,07>NT7A3ID1D%#$`B,WCQ5[JW'[GEV&-$2&
MS]#[+Y8Z!UUR.J.I][R<)MZV:4EJ)7H5=:DUS>:Y8.OVAA(*5-L[KJCMH;S#
M(`T<>,[CS/$!DF[_`)6SD%;^.$G?[_O?0<[W%ICG#9.;,N[FJC.VKBO9%;09
M@YF-.6N%EH,L_+UR6EVBCYPN>-40$JYV`MSHF%R)50+D;`_ER.4G(_BERFA-
MQ[#X4:.Y&[2O6HKSH#7?$;1$;K/C7IDFJ%7AWL#*V5G2H[;UE)L(DDJHN9XK
M)-XM\BFZ226%0Z2<(%!\A_Y?+NG<S+AOG=O)SDWPN4VSNSA=0>-!6-`@MMP%
M0J$A0=HZTN3-8ZCVO2SN38/H:CO'#U\`)G-+R0IHM$FB1!R04K=?Y:?G%8=A
M<DW##;W!;:M?Y"\4]2Z+BMI[[J&R+YM/CF]UQK2HU!U`:#CTH92#J,?*.*Z:
M.:SHJ"]900IK)M"O"G35`]5W;:XRW3AEP2XP<6-B3M8LUTT9JV)H%@L%,/*J
M5B7=Q+EZ)'L.>;81<J+99LLF(^<W2,!_$'AZ=!P#-WJ'7IU#KTZ]/P]!Z]!Z
M>T/3`-<`8`P!@#`.(_YP?B_M'`(R*MVF^+=$VUL3;%#FM\4%/:SN8>W[6E!W
M1::-K"P+3;D\@\37B*D,-84&:<HH9RW;)2A&[8PBDD0C?^YSS/&]*.UL/=K^
MZX4\ZPLF4I7+-K(N6K,G)U=8V^F=%+514^E<$NGX3[<WW\?OKKW5Z?;/V#W7
MC=J;M+8+=F&!N6?LV+G;GCJQ%6X.-[+\['E-VDK=RY/&E<N)=<Y2O?O20FET
M6FZZ@6]8HE8A*G`-E#K$BX*/;Q[=1TL4@.'[KR2%4?23L4P,NY6,HX7.'B4.
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M.EC"DU6()3H7""U##M%]X+F+W`>'/,SN7\LN+4)2>%]QA=C:TT_Q:K-V=M?I
M)"V6%L4@P*SNT+%M8U2].JZQ++2R\G+K`T:)-V[9(.ADP/647TGZ^V(_VX!R
MX`P!@#`&`,`8!&;VCO\`DU/_`-5W<#_SZ<D<`DRP!@$9G=:_W`:2_P"X+VWO
M\[^C,`DSP!@#`&`,`8!@_P`E.>NC>,+JXK;(ME;K%0T[6H*^<@=BVJ8/$5+4
MM3LRSY&G0R@M&,G*W#;&R%HMP2O5:-04?NTTQ75%(AVA'@'GJW'WQ^</))X\
M+PKU;2>).C7*B@5O=W)6L.MB[]O<5XA^1V:J:$83$/4-=Q$FB8%6WTED)%XH
MEX3F:)>,2!Z[VOZ/;_OMF&=N4XX&!-5CU1<KLD^#5NJZ4^3FT_90X;>>_-LV
MVY+'Q(O)R8NCZ72"?-.6M7_NI^\Q@_XH.YDX64?ONYSOP9-5?Y28L5I[BG%U
MY)3XH@@V@#Z4?G(Q`2B'EF=G,)1Z"?\`#GI,/0GMM6^F>9FRN_M?NTO^'H?Y
MSDI>I&[.=8V,=0\/C?VU1F+I;NC]T?2=:D-A[7INN>?6@*I,,8N_3%.@8/0O
M)FGMY`"%9OFD9%R[S4EV!<5BE;I.F%73?.2"@F]!8P$S@.Y/2"_MN5'$V3,C
ME9ER$IV[%R/EW;D8UZE;G_RKDHI5<*QE36E#I]I[ZMY=EW]PQW9QXR497(OK
MA%O@YQ^_%/@I4<:Z5/17Q$YE\?><>IFFXN/%T^DU?*_6@;37I:/=UR_ZWN+$
MA#2U$V72)4B,[3+A$&4#S6CI,`43$JR!UFZB:I_';]B]C7IX^3"5O(A)QE&2
M:E%KBFGJFCO+=RW=MQNVI*5J2JFG5-/FFN)E)EHK&`,`8!L/[']/]@X!Q8!H
M8`,4Q#E*<A@$IB'*!B&`?9`Q3`("`X!H0A$R%33(1-,O7PIIE*0A>HB(^$A0
M`H=1'`,<>47&V!Y0Z\8T.;M-@I+B$L*EPK-NJI6GTAK5M;U*V5F#GHH[XBK0
M'$.O:3.125340=D2,V6(9%90!<`8WZN[?D_KW8];O,ER^Y'VJOPC:R-9/5:M
MJ>1FO+4>;@)*`9S4VP-*2LD2R,A=(22SALY0:N)AN+A-LW(H9`LUTH/:493^
MV3*PCQ1Q=N9O)S;Z)JVI"($V';'CMU&2`V5I.)3D,ZB)6*1C7A&!7#(3%0,Y
M`JQ3IKI@GY9U?"E2*%$[+[:.Z+)2M*ZSJ/,78C*N4.][5M]RMUCD;>XOTL2^
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MCYDHX=O;&W>2-E>)-I:2DSE<"?Y,8Z8JNDP.*;@A4)<JH)4,X\I)&`,`XS`(
MB`A[6`61NO&;CELFR-[GL;C[I"_W!H*0M+7=M4T.U65L*`@9$6\[.P+Z41%$
MQ0$HE5#PB'HR'&+U:524VN#+RM6:#%JV9,FR#-DS01:LV;1))NU:MFZ94D&S
M9NB4B*""*1`*0A0`I2@``'3)((O]Z<>^<$W:N4:&@+YKS74%O2VZ>O-=V.?8
M%QC=B5U+7]'UQ2[?KY"O--?2L5`MKDWI[LR<TSE3K-RN_C-1,8Q@I:=73@3H
M=SM'CCSGG_\`#=.B\ITXN.B-$5:!VLT<2$A!S%]W;24QC59>O3\+5%TZ;6]K
M0MJFO7D@@S!Y'2<7"/&;$PI+I@:D^81C',\;.Z;82[2I$%R2?P3*'JE$6U_9
MIVY3,8@K=K>Z>N+S"Q=X@8=Y<KA7]3UFGUENRDI6)CCS$K-3RBR`@<@%IZ9<
M*C0MY"<=N\!>;Q<HYSR'L.KH^NRE2++6Z6NB+ZM[4ER67:[EY8-60C&N2W^'
MU>KE=EZP"\4HP]7V`L=X7)$EU'219I+G^<:&6F^--\_Y'E+%6[3VSU4-4R,X
M2QDC7.RI:#IC&M5%KI9\AJBUT-&G2:<.XN$O6;84MGC591VNG8`0=-DT6R?0
MU*M4-"AHWCAW%*EKKE"YV7OW_'60NW&Q_3-8Z\KCINH@UVP]K=>C6#Y@%L@8
M1DP)$RK22*K(+.R%EDI,%W;<JC<@%CIE2CU=!5%=4KC7W%H#2&^X.<Y:0U@W
MM8-B5^WZ-MLBI(*4>N1L1+%<34%8(A&J(RD56+=!K&:*Q#<TBW8K(D60.`F,
M`U4E3VC0H-IQ3[H-:E=CFC.8\3>8J9/8J[2@M\U,0:\9"RU<N,-6+XY2BJ',
M>K;A2P?0AEXYLJ:/F'K)=Z91NL<?/4:#H9G<2M=\J-7M+?`<A[Y7=KM)JX7"
MV5FXHV^Q2EBJU<EG<*>DZI&&DZ=#L9%C2(H7C->>%V1W+J-T7:S8JSE8J!5Y
MAF9F5$#`&`,`BUY;=FO@-S)OCG;VQ=6SM"W:^12;RFZ]!WZVZ0V7/)(%,5N%
MLF*')1C"Z*-NH>6I,-'ZA"D*4#>`H%S+P<_.VR[Y^VW[N/>?.W.4&_?TM5^D
ML9&-C9D/+R[<+MOPG%2_.BW&ANP[V[='WB"V;+438O(S854>H2=3LO*O;%QW
MJC5Y1J<QVLK`T^SO2Z^82S0P@*+L(@7*)BE,0Y3AXLR-PWK>-V:>Z961D4X>
M9<E)+Z&Z5]M"UB[?@8-5AV;5JO'IBE]J529'-89AU4ZVD7L),LX=X6.EG<5(
M-HN0.43%8R*[19)D\,4"F$Q6KDY3B'0>OA]C`//-K73/)/5FJJ=%Z\XN\F]*
MV>&B].4/FEL?6.T]7R6W^1EDK<!MD]SV)IJ'L]JGZO//I3;4C!2\M>)12-L,
MO7I1>/(U`&(E2H?PKX4V_K_.^']2)XO6AWME'N)4G7U0D=^;$Y*OMG[9W[K[
M72]$XUN]%$EV]"K7"65M]A=:Q+-0C:"CGLYR)BWSJP.W;[S5$8XR3$J;+RR*
MRVTO%^P:5]A\+Z#[RDI'6V*>3NS(#:\EJQ.,E[36'.CUM,139[0=)-*W)ZCC
M9)N]=AOV)V;],7,V>0:C!F9`J!05;C%)EE/6C6A#X:<3K^0&K.YM>;OR6UI5
M9'DNUTVGK&^P=0GF&P=>-;%9WFOWVAIC3D[K^[-'\&=E<]CQ\/;TY)L$.R.5
M=P9"2?J"JU\B*O73AP]I.AE[Q,K/-6U;[W]%<J2WB7X_6:O;&A(NH7^N41:B
M3-4G;FS;Z7;0KZ,N,C/&LA=(*.&MT9GAFC1:;77\]0ZA$!.2=:\O`&']/XD<
MO.->O;8TXYT>Y:MBVE(WS8SZZT_(ZN@AOFSKAS(M4739N<?R;"9G)N0HW$B3
M2=P4:@\9)>!%!L15!ZBW%"2#L8B"[V"&LY"`AYN7/.OM>[;N\);KJIK$+-!6
M/7MYV;2M7:A/"*24W\LE-Q:OMM9M"3]_)NA92U95;OWR9G2GBHE5OIUHUR7Z
M>3)7B9L<`*/REC;O?KYR-^GSQG.:PIU5HDELMO7(JZ(PU>V_ON;8P%HB*]=+
ML!YJ)KUKCS@_=NC/G;-=N5R/G)'`M:KS()2<D#`&`,`8!CMRKB^0$SHF]1W%
M^<@J[NM=*"&KR=@0:KM@C4;)$K7)C&B_.E&M;/*TM.0:Q#ET<C1K*+-U5S%2
M(<<`Q0U'6>9].VAI*_;6I[C:SN8XY0NIMOR\3=J-3TZA>&NVY.?7MLC3#V)_
M"SOETJ11!9S#.7#ARLU4*"9/,(F4!5-=]P"7IUYKEWVF_KDY,[%TBD6X5^6U
MBO*,H)CLQV[Y"V'47CU_(L:SKRPZO&/:UJ'L3*1L+-ZB^%9<#+(+`!8R&G^?
MM3Y$\5-3VRR[8O**3F$=[;GJW5:L;5YM?-WVZ$K1*[=NZNI(6MR]PEX]O4?5
MR%8EXUVS6(L*S'PJ]50,J[;"<X9;:U^F*7-,JI6YC5TL&J&4U-T20UG2K4YU
M<HSBXG9=70JDKL.TWICO+P20R<3*HP1JJ`-A(9T4Y%P+2V+5O<+M6GH*$KVW
M+GK:U-[CL270?/[5I.:VFC5/H+'L]?US8%K::EF=:V!5398R;XYX>*:&2AE6
M""RQED7'F`9ZZ%@]FUG6$#`[?LKJX7N+E+HT>6>06A',G,U\EWL@T1Y+KUR#
MK4&K-&H9HP'AFS!LF+H%/B=>HB!>7`&`,`8`P!@#`(S>T=_R:G_ZKNX'_GTY
M(X!)E@#`(S.ZU_N`TE_W!>V]_G?T9@$F>`,`8`P!@&'7.+9:>KM-UZ6>B^+"
MV'=^B:181C7*[-\O"6K:-:CG<.V=MC)JH*VDXDB"CXB@87_AZ_&P#R>=W/55
MJ?\`/Y+:FZ;ZUG.#MOFZ=N70$$LDF363?ET^U/0*!.Q^XITXA$FOM=U_3HN2
MHK27,1L[CYE=2,\Q5)X!_5O2'$[;R.Y/.WV[;CE6HIX]NY10G<KQJ_A<H+6,
M'Q;ZE7I.*[YO[O:VGR]MA-V9MJ[*-7*,?"BUI+@Y<EIS*`$#F`JH^(Q50`Y%
M/SBJ%-Z0.0X=2G*(>P("(9]?Z\?$\*TX'=:2UM<^4'()MQ\UM(*UV.JD#'[`
MY![628-I-+5-"DG"[:L5J";/DUHI]MS:3QHLG#MW1%6\?&MG4DX25*D@@O\`
M+7XG?Q$XOH?VSY6TJU?[URX/R+<]86ESO7(U3:6E(\&VJZ,]5],/3FYWON/G
M9O7#9+4J3:T<W^Q%\E^T^/&FI5CM9UQUY(;9I]'LSJX&X^[E)6X28NK2)EUY
MQFA6:=?8^)O#!G&QL#8%HH+9\@<C\D2(M\F*KX"JB)L[3T1[JW+U8](,+>>[
M&I;IE6YV[T[2\JKT^."C_P`N5)4^%\4^3:--WOM>/VAWA<Q=GTQK?1.$9?$E
M_LNOWHU5=>3]E2[6W;_'\`=MZ:[O_%U@^KW'O;#V.UYSTT1#"JO"K5*)D4V%
MU=FCR&,BM<-)IRJEKJ;\1(Y4A47T:<_R59-,O%=[;!DY^-F6\]]?=>S0C*5V
ME'FX$M(79+G=LU2G+G&J=6CJ>WMSM8UW'EBKIV7/DTH?Z?)7WK:_V+E*Q7CP
MT/8O$RL;/149.0KYK*0\S'LY6)DV*Q'+*1C9%LF\8/F;A(3)KM7;58BB9RB)
M3$,`AZ!SQ`]%.PP!@#`-!'IZ1P#;XP]WWOAP!XP]WWOAP!XP]WWOAP!XP]WW
MOAP!XP]WWOAP!XP]WWOAP!XP]WWOAP!XP]WWOAP!XP]WWOAP!XP]WWOAP!XP
M]WWOAP!XP]WWOAP!XP]WWOAP!XP]WWOAP#?@#`&`,`8`P!@#`&`,`8`P!@#`
M&`,`VB<H&\(CZ>G7IT'V/Q].F31TKR)H^GJ_LCQE_P#,'X/?](93)J%.K2KH
MO>0FFE+DQXBATZB'I]C*J.M.9#:7$U\0=>G7TY2I)MQ7%"J-HG('LF`/2`?T
MC[&5*+?`J2;X>%?H-W4.O3\.10IJJTYFAB%,)1,4IA(;Q$$P`(D-X1+XBB(?
M%-X3"'4/P#@DW8`P#8=1-/H)SE)UZ]/$(!U\("8WL_\`E*'4?:`,`$4(?H)#
M`8!`#`(=1`0$>@#UZ=/9P#?@#`&`8C<A>>7$'BA9X.F<B=\4W5-HLL":SP4-
M9`F!=R4`60<Q1I-OZNBWZ7R<)%HHE\8Q3>(@^CIZ<V^W[#N^ZVI7]OL3NV8R
MZ6U31TK35KD:G<-]VC:KL;&X7X6KLX]23K5JM*Z)\RPA>\IVPC"(!S'U7U#V
M>I;27IZ`'TB:N@`?G!F:NT>Y)2Z5B7>K^[^LPI=W=MQCURR[73_>_4<OWQO;
M'^V+JST^GT?2<?ZJ\.7/Y*[I_P!%=_P_YBU_.G:W^MM?XO\`*<H=X?MF&Z].
M86K!\(@`A_\`,WB#Q=1+U+]'_%T$`]'H].4Q[.[GEI'#NO\`X?UE<N\>V8?>
MS+2_XOU'*'>`[:0^D.7VK_\`19O_`+OY+[,[HBZ/"NU_N_K*5WIVO+59MJG]
M[]1S?>\=MC[76L/]%E_^[^%V9W1)T6%=K_=_65+O'MF3HLRU7^]^HY2]W'MO
M'_-Y;:R'^BR__`,J_DGNK_17O\/^8J_FWMO_`%=K[?U'.3NT]N13\SEGK0WX
M@LG]L#E4>Q^[)_=P;S_X?\Q1_.7;'^LM?XOU'TE[KO;M/Z"\K=;"/M`%C_\`
M@67EZ?\`>355M]^G]W_,4/O7M6+H\VU7^]_E.<O=3[>I^GAY3ZY'KZ`Z!8O3
M_P#L+'_;_O+_`-OO_P"'_,1_.W:G^ML_XO\`*<Y>Z5V_#?F\H]=#^(+#_P#`
M\N+TY[W:JMNOT_N_YB?YV[4_UMG_`!?Y3G)W0>`:G_N^3^O#?B"P?_!,C_MW
MWK_[=?\`\/\`F'\[=J_ZVS_B_P`I]!>YMP,-^;R9U^/]$_\`_!<N1]->^IKJ
MCMN0XO\`W/\`,/YV[4_UMG_%_E/H)W+."BGYG)2@&_$$]_;#!D_]M.^U_P#Y
MF1_A_P`P_G;M3_6V?\7^4^@G<AX.''PDY'T,P^X6=_#[OJ;IC_MKWU_[;D?X
M?\P_G;M7_6V?\7^4RUI5TJVQJI`WFD332QU*T1R,M`3C#S?D<I'..OD.V_GI
MHJ^4IX1Z>(I1]S.1SL'+VS,N8&?!VLRU)QG%\8R7%.E4=#BY6/FX\,O$FIXU
MR-8R7!I\T51F(9`P",WM'?\`)J?_`*KNX'_GTY(X!)E@#`(S.ZU_N`TE_P!P
M7MO?YW]&8!)G@#`&`,`8!@SW,M:US:_`'EQ5;.^G(AHPT;>K_$6"KK`WLU7N
M>J(E7:%!ME>7%!R"<U5[M3X]^WZIF*91N!3`)1'`/--VX>Z)IGGMH:KZIWA'
MNZENQ_K.%;W37J6O86\2%CHPE76=OVV@[O&S\#RUXMRK_P`]\Q:PC.1MVOCJ
M+,2(),TDI0V#OJR-OQ%._;G#S(*47*L5*+U4HRTXTT=4JZ:\"YARMY%QJU*,
MG"332:=&N*?Z4UP*8L7"'B=9I&<>:4J,JT0:N'IEGO!;D-R6UW#-?*5,)7$Q
MQ]AHWEG!T)8"B`+QQHZ*.V4'R_DY#%$@>?WO5[OSM>"AM>[9>+:_LPNRA.%$
MDM'<N68M/WRY-.AN%V?V_NK;S,.S>GSE&+4M7SZ8R?YO;J9#\8I\.%&M[=K7
M3NK+$24N5XEMC[#VGO6L<V=KWN]6E^Q81;9[9Y*F<+*<23:5^O1K:/CVZ*C5
M!JU0`A`\1SF-\S^I^1O'J9O<NY>\,W)R)7+:BY6Y8$%T+FG>S^E5XRT7+A1'
MH/;N/A]N82V[9[,+2BW1-7I4;X_=L-O[>'O,9*;P[VK?YO?>T(SDX:Q[&W'L
M3:>^7M9F.!7(ZA5;Z0OT74PK28FV;=O6N&$:Q:0T.UB8US(KM`7(W1,<1,(@
M/OWIS^,*'I%LEGM2QMCO[!;G9BI7,W!O2M=2C"<X6\3(G-J<OWMQ1C-IU:7(
M\_[F]'[7=V;+=;N2[>=TRTA:NP4J-N*D[MM+X5\,:N*ISYEQ=&OD]W]M[N!:
MEV`E49$E2EZV9Y]#[,VO&NUK4E9)'4EX>TNVMB%8ST!),E_DY7"8&*(IK)"8
M_@$QOT"VON3$[]N]L]Y8MB=C%WK!S,>Y"Y%QD[3M2G%.,XJ:5:R2DDX\&JH\
M!R-LN]O6-VV6Y<5RY@W\>]"4>4NM)\'2M*)T?V$[/8SV98-N]HK@!=;2Y6>S
M@\=ZI47;UPIYSEZEK9>0UPP>.5A$3+.'<=4T5%#B/B,<PB/I$<^9G'IDX^#:
M^IGL-:JOBB5S(`P!@&P_L?T_V#@%/V&RURI1$C8+78(.L0,.P<RLO-V*6CX2
M(BXMGY8.Y*1DI)PV9L6#452^8LJ<J9/$'B$.H8!BU2NX'P=V-:D*11^6>@++
M:W;M)A'0L;L^JG<R[Y=7R4&4(HK(I-IMVX5^*FFT.L=0?04!S(N8F7:M*_=M
M786)<)2A)1?NDU3[2U&_8G-VX3A*XN*4DW]2=3,#V/0.8Y=&`,`8`P!@#`&`
M,`8`P!@'T8!'-SI[A%:X=PL&A&U!WL:_VN=GZG6*NBX6C(YS9X2N5ZS.&DU/
ME:.VT!%1\+:&TB]=*%.J5FBH1L@Y<G22'>=N=O;GW3N]K9MIBI95RK;>D80C
MK*<WRC%<:5;=$E5HUN[[MA[)M\]QSI4L0HDEQE)_=C%>+?T):O1$%3_NB]P>
MWV5$T-M&OPLC-NEBPNO];Z9JLS&`JBT<2"T=%HVJ/NEUF4V;%FLLJJ=X4X()
M'5,5(I1\/O.\>E/IQV3V]/?.^MXN8N%;<(SR)SA9M1G<DH0C&+C.4G*;2C&L
MI/PXGEN%WWW;W!NBV_MO`A=OR4G&THRN3<8IN3E+JBDDE5NB2\>!+/P8[D4_
MMZ6INN-^MJLG,["<R$+JO;M.;+P=9NUN@89&;F-<76I/9"75H&R%8CS9"+`C
MQ>,L#%-0S7R%D_DQ_,.^_3[)[0O^;CW'D;8^E]35)14Z^6VU\,X3HTIQHE)=
M$E%N/5VO;'=EG?[?EWH*UFJNB=8R<:=25=8RC5-QEQC\46TG23/86]-):C=Q
MK#:^X]5ZQ?3+==Y$,MA;"J5+=RK1JJ1%RZC6UDEXU9\W;K*%(H=(IBD,8`$0
M$0SSDZ\[J@;0UGM>)<S^K=B4794$S?J13R:H%M@+C$M)-%%!PK'.9*NR$BS0
M?I-W*:AD3'!0I%"F$.A@$0*ZP!@'$NN@U06<N5DF[9NDHNX<+J$10001(*BJ
MRRJ@E32223*)C&,(`4`ZCZ,`M?3]ZZ1V%+LJ_0=QZJO$])0"ULCH2G["J-EE
MY"K-Y$\0O964;"R[UZZ@$)9,S4[Q,AFY7!13$X'`2X!=7`*`@ML:LM#!]*UG
M95`L47&6EQ1I*2@KE79=A'W9HJ1!U3GSR/D7#=I:6RRI2*1ZABNR&,`"F`B&
M`=['6ZKS$Y.UF+GXF0L-8^1_2&&:/FZ\C#>L$A79>L&J9S*MOE"(>(OB`/1@
M%18`P!@&"FPNX1H+6W,76_!ZPGMYMU[3BH^7K9&->%Q5DVDFWGG+/UC.?*TP
M;J*)UQSU*"1O#T+U]G.9R>Z<'%[BL]N3?_YEV/4O<_ZCVW8_P_=_[_Z0[AZW
M8-O&?96WWI6KDI3I<ZX4ZJ0HZKXES,X3!U``$O4.H=.@>D1`/=]D!SIH2?7+
MV,\.G\2I+IZ6U32J^C1EAN0_)K1?%>BEV3R!V%#:QI!YJ/KR-AFT)%PT4F9$
MBRS..33B6,B[%=<C900Z)^`H$$1$`S6[IO.#L=E9FY3\NU+1-\*O@=CV/Z?=
MY^IN[2[<]/\`#NYV[VX.Y*%MQBU"+74_BE%45?Z"[56L\+<*_!VNN/T92N6>
M$C+'`RK83BVD8>;:-Y"*?M_,*0_DO6+I-0OB`INAO2&96+D0S,19=A)N2T]I
MSVYX>5M&=D;9NT'9W+"R)V;L'3X9PDX23IS35'[3#_<_<#X^Z#Y,Z:XG;"=V
ME#:^]R1BE$3BZZYDX(_K:9=04>24E45`+'BO),C@/4A@`OQAS2Y/<N%MV\8N
MQ9<FLW*3<.==7^H]:[1]"._N^/37>/5C9+>,^V-DFX9$I7%&XJ*#TC37[ZIJ
MO89RD`0Z]>GNB'X1_P!'M9OK?4NJ,Z_>T]QXRONJOWCDRX!@#`(LN\[+ZP@N
MWENJ3W'NDVAM=M'VNW=GNS>1E8Z5DX=AL.LR$MKZNC!E4E'EEV/$-'$,P03*
M)3.'93*B1(ASE`L1V6NXAH7EAIPNF:-LM6R7;3REF;UF'LHS"=GF=&15K=P%
M)GFCRP@G*6)O5D2)03Y945':"[5('`F%0JJ@$XF`,`8!XG_YG!KYW+/CZKT(
M/E\<7?3Q>V&R[0;_`$9ZWV!EO'VC(@N=^O\`@1X[ZBVE<W?'EX8__P![(0KA
M4=;T8M02?5D7BUBIL-8$`(ZLP*B+AHBF_%4Q;Y%)&4<2A5#@"#5%$I1`/2/I
MSJGN%QW*0TD<<K$%:K/[I4]QHE$IY*"Z^A+V2B=F4J(NU/?I!9`&19OI"0@9
M*/!,VSU3B^A+)#.V2P!Z/,2\70"CUROY_)\=?>6G:Q?#0^.R4RIAK"*MT)$$
MC'3JZ*0)2INYAQ_Z-DPERN2JED;/86:J*CEDD=`Z/E&*41*8,S,?<I5J8N1C
M)Q+8IQA!$"^$0#P@/H_'[?BZ9M?G'<748EK%73])W#>.*KZ1((>R/N>@0]LV
M7+62^HNJPK?Q'>-6(`;_`-W^#I_X]/NY?^9)=*'>-HD!*7P%'Q=>OX@_#Z!'
M,K&R77VFOJ=ZWC5`/X03$>@`/7KF[MY-8(J5CK745$TCS="B).@"/H]/X>O7
MT?@RY\QJB?E5[2JV448>@@`CUZ?@#V^G]F;*SD_!]#'RR*TC80H@4YB"7KT_
M!U#V`]W+7S+_`"8^5]C^LK!G`>+XP(@8H^GQ"4.O0.O7V_3Z,R;>>X04/#VC
MY9>TJAG6BJ>$/)'T#_\`1#I[/M^V&9-C.=QOV#Y7V/ZRJF560ZAU'H;H'Q?&
M?K^(`Z>'K[V9'S,O#[!\M[#V5<#FX->'7'5N'4`1UE!$#K[/0"JY\6>H,NKO
M7<I/GE3/I+M*/3VUA1\+$3+;...B&`1F]H[_`)-3_P#5=W`_\^G)'`),L`8!
M&9W6O]P&DO\`N"]M[_._HS`),\`8`P!@#`**V52(W9FNK]K>9,)8C8-*M5(E
M3`4#B6-M<$_@7Q@(/0#B#5^;T#[.`?F,<6-)4N[:BM_#?D96/,W;P7W/?-12
M[ENY?5C8=$?P%TF'57MM)M,8JTL,"@Y6;K$;KME@06^2`8Q3@8HC]1>G>-V_
MWSV-#8M[M0OW\&<H:Z3A";<H2A)?$DTW']EN.J9XYW5=W3MSN.6X[=.5NWDQ
M4O&,I124E)<&]$_'71F>.CJ)OBO\K>'D?>N0P\F]92_)#6-)-"<H]0ZRVMN&
MLQ:ZLM,MGU3Y*/8MGMMF[A"P`%;`J\5`!,7T#T-X_F[\2'HCVYV'Z9[QWQL6
M3E6IV+/3Y49.*?FRZ*2Z9*W)*M76U62TK74]%].?4'<M^[AQMDS[-J3E677Q
M^Y'JTJG)5IRE1>'(]!W<UYC7/CSI*0H>DY%5]RFY"1D[3-00[:709NZ343BA
M&[4WY)'>*@S81FNH&2,A$*.`\M[9WC%N0#^%7P?GS^&STL[K]6.\+\]KA.YM
M]G'NIJ<Y1L23BXS\QM]'3.ODI--_%.4?BMH]\]1>Y]F[4VF'S<HPF[D/NQ3F
MFFG%12UJJ=;]B2>DSS+Q7$.O2\+%L=R;@Y2;U*5HU&8K>W^3.UKG2'[X$RBY
M*\JH3S"'D6BBP?&17*LW/TZ>$2Y^RG:_X=_2O8;>-F3V7!_C,+4/,<(05OS>
ME=?1TP@W#JKT]3>E*ZGQSNOJ9W;GSNV;>9=CA2G+IK7JZ*_#5MRI*E*TYF5.
MW>1%%XE]N'E!4JC#ECKML)37="UY3JY`D9Q)&$6WFT*96:VSBTBE/*3FPYF/
M3(R;(B8C5JHKT]&=1WO".R^5W%TV[6U[9@9$+,515R<A1LVH1@EI&,:RJN&O
MM-;V[*6X=>U5G/,S,FU*XW5TLVFYSDY/BVZ*GN]AZ\^V9Q_1XI\!>)O&Q1TQ
M<V#2^D:)3+V1BZ;N4VFR$X5M*[%:*BV44*BLG=)-\(IF'QE`0Z^G/CA5Y\3W
MHSIP!@#`-IOP?_6#^W`/%-S=L^U>3>V)[:]_&R[#U7KJ1DM0V'3$4BPE&FK=
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M5526F![MW;@M#:-<5[EEKF86E)G;\`C$,FUJ4LK22T#5RW3<I9JJC7BV2NL]
M>54Y7L@Z?M6S8B1@\"AS"!1BM54DZS1_>([9/(Z;V%7]-\QM3VR1U9K1_N.\
M&<KSU4C8C5\.DBK/79&9N,)`1,Q"5H'!"R:C)9P,:H;P.02.`E"&U&+E+2*)
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M\()47$RNP1.0/,`WE_&Q5/AR!PWKNL]NW6?)")XCWKEEJVN\@IB4J\$WHCMW
M+*H-)^[,T9"G5^;N#2*<4:N3UG9.4E&+)_)-G+DJI/`0?&3Q&TN(+_['Y8\=
M-1;9I6B]D[6KU2VWL6D7_9-)H\BC*GEK#1M6Q#N>V!8V:C..<L",ZS$,%EUB
MJK)JG(D;RRG$.F*ZTUX#E4C*K'>_X\77F9':5JLA0I+B8]X&6SG,OS-=7J0A
M:TQK5+V7(:ZL$,[J$W4H]1M&1[F+7.=^J_35%8GDE:F$2F&02[ZCVQK_`'MK
M.E;BU5/_`$JUOL:!9VFDV8L7,PR5@KLB!CQTRUCK!'Q4NDQD4`!5N=9NGYR)
MBJ%ZD,4PPFGJORIH*4+FY(/+WW/]UQ>J^;5YTUM+3SS:.@]K:0U-NUT6$>+E
MO%9V1&35\UG(W"F,TP3</63:$J$,V?IQR@2C8YRJ(D5!P8$^M[6V'N?=OF-P
M[3E/^*8,8SZ;4^B]TSZEU6]5U4:I*-:NJT?`T.^;ILN"K.)ORC\CDN4:SCU6
MZQHZ3XTJFVG32CU7$Q[U35M?:WTCLSFMK>W,V-`5@[9J=O);"6O4Y?ZLK*OH
MZ#E876E4>UY[))[!L,R_:,D2O"NW*ID2IE(1`5A4^;?6KN/U$]1NY=O]+N[)
M[CE[IC9<,BQB*%NSU751P\]T@VE'@YI4ZG1JM3T?LC:.SNVMLR.Z-E6/8QKU
MKIN7E*4TH)MOHUDDNI:J+XI57(QUUA9(FOU.U-]:NMBJ,(*R\29O7#C9D)#5
MZY'WA7.1-)A:L:(90RZ2JR4A"R[Q$55F+%T=-==,R9T@\>?;F+E>JVY^GF1>
M]9-MV_;L^S:NV\=8]QRG.PK%4[\:SC":R+=CI2FZRUHJH^?YVNSL3NRS#L/+
MR<JQ<N6YW'<C2,;CNT:MR:BY1=F=WJK'1:595?\`,1U(=M]VSM+5FMZ=X_<F
MC6#4/)9-IJGD5?"4;1MT&.17<KIVZ[-7!"1P09F9WC,`.;S9-JBB)3"<2CX0
M>L(N;R7W)N'M`=M7CIR;XL4;B!Q2V"WY5KEY(<"^.DC"[AU+RD3GE%&3F%IV
MQ"PTU>(C8$#J6EL9A\[CS(%CXX71E?,^2MBK`;:OS3[D&^=I]I;0E-[C%)IB
MW</XB<FN1>U-V4C1FHKA!TZ?BD)6\5>B:NAK1!Q:;5?4#&-"JJKR2BS@ZS5\
MZ>)*N`3(B!A3J+OA]S[F!6.!''&ES6S:_M/85&Y.6K<.ZN+&D]$WO<&[%]&7
MJTTNE*Z^IF^;#4].0<(5*O)OK<=J87*Y/,%DFV)U3P"]E,[G?=(YI["X<\1K
M/NC77#.YRW#/E+O[D5L&K4W2^XHC>\SIZP[*I,!#-B%GK31Z[6)Z%J"3RP,H
M230=L7*DB!%42MVY$@H0V=L?F6\X>Q-,V#'WW26@']-[-E_F:QOR\Z-_Q4M=
M?N5IY[SM9B89JT@%&-LN1I560,G%0JK@(LLD=)P[*9NDL`B#U"]G;GQS'O7/
MWD]P_P"56T]NW[75,XQZ<Y"4.<Y5Z:T;H/>T#/;%EJC$K1DG6=(S$C6XJI6H
M]K*XB8V66/.-DA;IK%35,H502SSK[A<[XV5QQUN[U_N&E:!JR_\`,UWW4QJO
M3-&4)..-MHD[6W^K^1-C?&6C33TYK-)!VFXBW(`UG2N"&=J@+=/`X^\_1JU7
MKPU(K<&M9)>+O&TG50I\1LS;+2KQ52?;0LU>@FD;)7!Y`PZB\=!A/2"2SPK%
MNH=NT\_RR&,4A1P072P!@#`/$UWHJWL&W=Y;5D%JO8<GJ:_+\>85Y7MB0RKQ
M*3K)H:%VQ./W3!2/<,WR+MY&QJ[4ITE"G)YWB`P=,^9/4-9%WU.M6\><K5U8
ML&I1;4E13>C6J/V]_!OOG;6Q_@FW'/[IVZSN6SV^X+L;MB[&,[=Q79V(+KA/
MX9*+=?B3YT,$Z3SQYU[(XT<8>/,7RCVO"/=R\J[+25-BJ6R<<7MK!.F>K8.'
MK[ZWE>(V9W78N=MSI^")795#G$I!4`A0+F@Q>Z^X<W8<'MZWE7XY>3DW5*]Y
MD^MQ4X4CU]75I6O&O'6FA[/N?H+Z#]G>J_=?JAD=M8-W:]BV'!G#!>/9>(KE
MRS?<[BQW#RNN2MJ-7%TX\=2SN]=[\I]A\2-VZ.W!O*S[>JG&;EA`QKF0NLL^
MF9^4/*,]@U)B@A*2IGDNO#H3-5</4TG+HRC<SD2@8Y1`"X>\[AON1L69M6?>
MG>M86XJ'5.4IO7S$J.5=*QK]1U'I;V5Z0]O>K&P^H?9FSV,#<^Y^RY9+MX\(
M6;$:2PYS^"WT1C-JZH5C%574VS(OD)RVY65N6TUQPV/S5OVB871W#6D6..E=
M</[2BG?]D3U(1V#1*M,KU(T&_5=RT).1D*@\=%^2,2,A,8#";QCLMY[KW:T[
M.R7\V_AX^-M\'&5MRZKEQ0BUU.&KKP;]YP_I]Z,>GF9A[UZG=N]E8'<NY[]W
MKDX^58S%BR6%CPS;N/?NVI9+:JIVY7/@?7-RY:)=FRY)[EY`\D.T/NJW2"UW
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M3`(=>@AM?4'+WC<NZMN[.VK(NX=B[9ZY2C.4)MMS3K)/J:2CHG75Z<3COP7=
MJ^E'9_X=NZ/Q%>HNQXF_YFVYM^S;A>M6LBW2U9LN$(6KW5!.4[BZFTJ:/EK$
MWRKY/\[;IN#FG<:]S!VY3(3A+/4>CQ%5JUOLM>B9Q&.O+#3OK1NRCY9%D,A(
MS,6M+O#R)'AW9ES%$>F>>=Q;WW/=W#<96LR_:AM*MP2C.<5*CIU-)ZM\:NK?
M!GV!Z+>E?H)C=G]D[5E]I;9F9??UC-RIW;]JQ=N6/*C+(48W+D6X*DU:48=*
M48I4T.?=?-+GANK;\W)4SEUMO6+-#@[4-]6J%KEKEHZ!>.ZMIBOV"WLH.%C5
MT&\/(VV43,N*Z1@\HZYS@/I\.7MT[D[IW'<$\7,N6?,VA77%3:7!UTKI)M5J
MM=>)KO3ST(]%^QNT5C]R]L;=N.1#OY[;;G=L6;MQ0NW8*VG.2<I1@KC73)R5
M%HJZEI*PGR;Y=PM&L?*#9$WS(U+6-`W7E4MHC=6Q[(SJ#R.U#LZ1T\TK'J-@
MV?!9;Y8'3M5",D@3*>)4>@]5,OY7DG[_`-+EW)ND_G=TS+EZQ.S;Z4YMI).:
M>CTJZ+7CXL^/OQ\8_HMV5LUWLCL#MC'VO=8;U<5W(MVH6YM^79FU&</B4$KE
M'"JC7@J$@>D^*L+P'N6BMN\/MGQEO;ZFL[]7;MEOU&:_XC6>?FYK3++:_'IG
M;HPL.">NYVI;.8S)9'R5V[B:04="!3$`F>V]-FU<G"3;N4TU/S)S(OSG'J4(
M)J48J*=5JJ=5/IXGMNR@QQ@#`/%A_,RHD4Y6:#,8HB(<<G8>@W0/]Y-H'VPS
MM^VLQ6-ONVJT<KM?\*/*.^[3N;QCRY+'_P#O98K4O)#COK^IZGUKN_2FT.4C
MJ8U]#-*AIQ&D:FL]6)*2J8$0"K3<@V3VU$33UT0`,U9+*-1Z>(B77J.4YF3D
M)N["Y**3X]3_`%HM85S"MVDK^.KT=$XJ*;==*_1Q)+K%P(/%:PU=8$]#2]0U
MYKGCW=8:LNMO[,UIKZ0I,MNBZ+[$DF%LN4M)G=5`U,C7PP)WC-FL_*W<NP;E
M*N=-P6U8WZ_8DTI.3;KQ;X)(W.9L&VRQ5E6;7EZ<)):<^?\`60,[PK%0J^LX
MUE5[IKBZ-'&TIQV[6U/&VAAKZ"7.A82J5VM/;<U82\O'10I@F1Z4IT%P^,55
M7KX@ZRQN2>7K5)KA^6AQ&Z[5&&,I1='7DS[;''TC2FHM%S:&J:9LZ1WUK&QW
M.5N5^"U.4H>P1]NL]2/4-=$K=AK[2(>U1A%-W+SS@?.3N'93'`$@*4R.Z9#E
M-0O*$5/@W[%X\N15''L8\(6)697*PKU)>/+[#)A[Q%H=OG+-\FC[-0RM]+4V
M=I$A#N:0UH<M<*_QE@=M75I-Q5AEF]]L,C(*E.X=C!(*$9`\366,4AP3RZMZ
MS,=^9&["X^%/TE^6SX]Z%80G&7MX'55_BCI&3FM3BVV1;I.D[%HDHO$W%A+Z
MJC8_8FX6+6KJ*:GIDA.2S..UU-QS^P&2<MKJ#!VK\G**!C$=(CC^:<U5;BJ(
MM_R^FOZCZ6/&.E1&O66P-E+V^LUNB4:S3FPH6JQ4*MLYY.)[_F]0PD.H2P21
MJXDK&JM"FE'9RHMFQ"`D0#J&(?-G8[GG7X5K7Q]E:^/Y>!7C]NVG8K)*ON1;
MW2&LH';)]LZY@(>1D-A2%;<VC1BSH_2=?RM1E2OI.DNV30?D#N1MU%>.52D2
M`W1^Q+Y1@(8`'.O]RWNJ%V#?EQ^]2O/GR_28^%LUJ.2X2I1>XRA>\6J#9F6Q
M4ZNM.0,A1(J:B*=8EI6G&HFQI34J-8AMFS2S20E37ISZSMLL[*9]'M`BV`$1
M2,;KX^FI?=&7;N45UIN=?B;>E'HJFREL=F<W&*C5>Q'/%<<=2GVU9=8MGNY9
M!AK&16JVT;6*.L*TP86LUEC*G'R,$I9IAJ@A5W\J[4(U:/3'EGIO*\DHB)NF
MXN=V9JQ/,\V"?15)/5Z5H]./N*X]N6W-1:5*I?:7/5XTZPK;>,A$W=JE[X2`
MY8+3B\JE%A253:)4M<;%/X-@W7:3S-^NO&-E2>>HL@01.90A@\)1QWWKD.Y*
MJ^#S+-.-=5"J]SK].OB4Q[4M>6OB57:O?6G.GYE[BK(/B13)6Q+45G=[>SGZ
M%::35=K2$C!0X0!UKO5)ZR,GVMP:.@?R+1BO#>!1%^!5';4P.4?"7T9=M][[
MAPC;3BW+IKQHGSKP^TA]MX$*1N2^-15?J1RUKCQK2P!&O:U:+U(DN>M$[AK>
MG204B"O%BFFD_:JW86?F/GZ%:>,XE:O_`"Y)DU<*2KMLX*1$AE4S%"[;[[W&
MU)*["*K*E57A^>M/'2O,N6^U</(3\B;K%?G+!IU:49)L5Y*/?L22;<KQBH\:
MN&R;]L8>HNF1G"27RAMU'T&+U`/8SI<7NCSTI2G)?2S6W=BE9NJ$574]:W"9
M(4.)V@TA]`IZZA2_Z"J^UGSOW=?63W-FWUJIWY,]AV.UY&T8]FE.FVD91YSA
MM1@$9O:._P"34_\`U7=P/_/IR1P"3+`&`1F=UK_<!I+_`+@O;>_SOZ,P"3/`
M&`,`8`P!@'D+[[/:OWE4=W*=V?M\TAQ?MEH5]I`<S>-<$@<S_>>O81JT;M=B
M4V+8H*.92_UR*CD47S9`BKURBT;.FJ:JR+I!YU':/=6?VCN\-SPOBMM=-RVW
M2-RVWK%^#YQEQC))\*IZ??-FQM\P98>1I+C"2XPER:]G)KFOH9$#H3EIK#D7
M]!+II#8,;4MS:LOE9V-%4:\1J"UOI5\I;Q4#Q=KH+F2AWEE@E4W3I@Z,Q<IE
M426,*:R*Q>A/H?NC![*]?O3[.[(OY4[-C<+*C<A%QCD691:DFHO[U&OO1K%K
MGR/)=O>^^GO<%G>794_)E*DM?*G&2::ZEK&J?!T:^TR7<)76T7RX;<VU<Y+9
MVXK_`/(&MCN<A%MH-C&UN%,X&M:^H-58G684?758!VJ9K&H**G6=++.W:SAT
MLHJ.[]+/2;M+T@[;CVWVG9Z+6GF7))>9=:5$Y-<ER7C5NK9KNZ^[MV[PW#^(
M;I+15Z()OIC75\>+?-O5EO=N[NU/H:M.;9MV]0-(B4$5%44Y1V3UQ*G3()P:
M04"CYDQ-/5>G0J;=$_I$/$)0].=KO&^;1V_BO+WB_;L64O[3^*7LA!?%)^Q)
MFFP-MSMSO*Q@6I7+C\%HO;*7!+WLR^[1W;VW!W`N0.K^X%RKUM/:GX;Z$G&U
MYX>Z(OT>9E;]Z[-;>(\%R$V)`+F*>*I]25(1W7FRR8_+70)*IB=J151[\D>H
M??\`D=Y9D;./&5K9+#;MP;UE+@[DZ:=36D5JHJJJVVW[AVMVQ:V"P[EUJ>X7
M%\4EP2_8CSI75OF_<CV:U6D52DDG$ZI!L8,MDL$C:IT&1#E]:6*6\D)&6=B<
MYQ.\=@W(!S>CJ!`SS<ZPJK`&`,`VG]``/M&#^W`/!3SWT+<N-7</Y@5ME:KW
MJ>T<E+=9N4&AKE`/&Z56WU`W.%CGEUICF'FD7]>G[UJ'9#9TU511*VF6\,]8
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M?P*@F8`,7SU.J3=4=2]#OYOMS=PGC'NGF_W,-A\<]3.:_P`^.+/<*BN3VL:A
M.ZX2MG!R&LU?L4GJ^P0-C&Q$9;'D[5"5^-<7!6`!95VLX?\`C*=3RQ.UI[08
MKZ#[4//SNC\5.+MA8ZDU_P`6]4ZG[1<AH72FV1VM6YT_*2W7BS&O=23E8"J-
M36C7]9EV+DZ$^28;F%H^5='2%T1P'@B*THUS?YZDLN'<>POW"N0?'?=<B^XR
M2VFMTTKCQQSU#1X+>7.1;D79^1DMI+9%/M=DJ%?<L9H-7:RT,,/5S*U2)E2)
M.V#X$4#+)-SJ'2E)5\.?Z->=?R]T5*UW'VG>[AR1YF6_E^XX:ZTT3([%Y?=O
MC><;0#[RU1>*[1:]H+7%SJMM<6A>(D8LLZ:`DEHY628LVIQ=)N#HM1=`F909
MZJ)JCKQY>/#QKS\/L%*NM53\OR_053Q1[9G>*H_*#@)R5W3QEE;%<.(MRYG3
M=Z8R7*;1K;45@E]A5"WN=7-M`Z9HC"(J6A-:669>LF,@HV0=RCR076>NFJ""
M*91IITZ+AHM.1/$O/M/@=W;$>5_*ODI7.WKQ8Y!K=T[C]QX@=GT?D+MVBW'7
M?"W85(C:DWO%%O$2^7C)#;]"9.:\*Z)JZ(_*52M5"F$[8R:D+JZGU+3EX?U_
M1[AI30MON_LI]QM[-\Q>%=&TQJ^SZ%YO\S../*4.;['9E7JL5H"KZV3*[N5)
M)IR56>;->R-;=.%6%8;QQG+8D:4Y#KE^4=4YK+KT5(5YZZ>S[*UIPTJ-*:\3
M,?F?QT[N&\.3O$+F/3."VOW]OU!0>='$2=U3)<I*&U284+;E=E-?:DY#3UR<
MMDDEX:>AY123?0[!!Y*MCMP1.F07`&2J]W`@B=B/Y;'GKN^FZ$UYMF)E-(1^
MJ^UWL'6*LE6MGZ]DXJ>Y1P_(#96SM4:DV%'Q$W*.)G7$HK/1DH^=-R*LTEFZ
M754%4A+EJ<IT:MK5-<::\]&^%>%='5^%2I*-4V]/R_KYGM^X+R?(J4XB:`'E
MKKACJCD?%:ZA*WMREQ,O5YN&;6NKIFKR\U#/J;(RE;3B[6VC4I1%JU6$C$KS
MY.(`*0AERM>5"DRXR01:]SOM\R/-&FTFZ:IGX*F\D])*SKC6TQ9R.PIMVK-G
M38!<=2[!6C$7$HTK=G/$-'+2002<+P\HT1<D15(*Z*O1]J=S[CVAO5O>MMH[
MD4XSA+[MRW*G5"5.%:)I\8R2:X4-1OFRXF_[=/;LRJC+6,E]Z$UPDO&E:-<T
MVO:>;:SZMYZUR'A='[#X?<M4(>HV^Q6J"IM'UFTVMKY:Z60$VTK9V&RM;.Y>
MOV`ITBG)'+2CED9@W<J]$43*GZ>P;%W/Z.8_>^9ZI96/FVN]<W'A:EYD/.C:
MC"*BUCN.D?,Z5U2=).E*13:/.]Q[>[]GL%GM&Q<QI[#8N.2<9>6YMRE)>:I:
MOI<G2*JM>+:1)]VZ>UYN*4VA3N1G+JFHZPJ>N7X6;5?'^4E8:Q7:P7E-NJC"
M[!VZO77DK6*\PJ!7)W,-`M'K]R:3%-V]50,U2;'YWU)]5+O>=E;1M=J>/L49
MJ4NMKS+TE]WJ2;481>J@FZNC;T2-YV?V/#MZX]PS9QN[FXN*Z4^BVGQZ6Z.4
MGP<J*BJDM:DEG(WM`]N;EPAKM#D?QHK^U0U1&6.'H)YFW;'BE(".MLT6PV!L
MF:L7&"!X$A+$*J)G`+')T\)!*7J`^/'?U,)=.:&[*7#FSC*TOCY%:6-Q?MV]
M3D?6=[L6X5O7M^MT?6]5[8<M:Y*72]LI&TW/7_T>("_R%PX"O3#($S(E<K)@
M!'1NOMU=I&U\GN.$I3FK5AP[T!7>4&O;!QCKU<Y`K-KCL;:52'9UFM^I]E!:
M6)M=0>NFP-Y:3.Q=L8U$ROEM_$=PL3!))ILWBSV+=J<48RDW;6.L6W'?@5.N
MZ'$+U<=KTFPZ,G+>^:&L$)&W"C.X79,D2[R4B"LNHD]?MI=<YW#DZRA3*E`[
MOD#Q$['RCGBUI3=NC-61;70]40<\=(6/K&T8:N5NBW$LO*+P\K8Z0DVAINJV
MURR=.G["QO'+>0>.#'<D46>F\\->)CV^XG?R_,>BCK(W&6(>0T_QNL.M)%OZ
MCWT_+6-0QNYH:W!0'C&2FCV:'NJFWITLJP*R:GGF1VYUC+-VP)>8(+MN>WUV
M/Z#,/J-):'BX-U<:EQO8.K7)6+?3UMLF(:6N1VIHU!:^+VU^K:IUK.ZJ,[46
M77,].V:(-5U#M_+0`3J9`5KMT]J3EAQGV3IFO:#KMPX_WWDA9=]7BO+/MLUM
MZ?D7,,&#J7V1&RDO-Q%UK\K-5Z7;+-U(Y=O'N(MZ3R2"@L("()/];Z\J.H]>
MT;5>OXH8*BZVJ%<HE-A3/Y&4-$U:IQ#2"@8TTG,.W\M(&91;%),5W2ZSA42^
M)0YCB)A`K7`&`,`\N7<2XH[NOO=SUEOJM5^!/JZN:"6@9FTS%YI=?1C7Z]-V
M[$G3=1TU.,98$DW4ZU$500%+P*"/BZ%-T\5[F[1WC=^_5NN+"/R,,1+JY]:4
MDE2O#4_2OT0]?/1[M+\(FZ>F/=.XQL=YY.]J[&QY5Z4G9=VU-SZXQ=M-1@Z)
MNO%4;:I$S`]K'FA1.)^GMCP<'3('D'I3D-+;=I^NY785"6D;5KN:B-</*Y=:
MT96=]134>WN51,!D%'"9'+8XB4X^P/(2]-NZ(=M8U[$MP_BV+E7)I>,9T?'A
MHUP\#ZDW'\;OH!O?JYOG;^]95^?IEO\`L&-8O9$;=U2ADV?,BXT<%)6W;N/X
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M+'(GE+*G/%Q(7H7YS=SIA*B:=FVH?%T]*UHY%>;_`.,O=!O+SAGSKC)VG6?F
M90TI;6=QCSVK4*-GA+K7MBVY"BN"P23]G29@9&"G3QSAD@;Y6FY*4IDC'$W3
M;9_;/?>=?V_N7X'O]I3C)MI+[SZ5X-:_:SE_3_UP_!WLFW=Z>AF7.6)Z,;AD
MVK^)>4,IQN2N6;$;Z55*XG&Y;^'J4>3JZ4+:<I>V_P`^"[:WH?241KO8FGN<
M"U=L5ZV*RN-";UV*L$%*MM@W.*FY-S-I!7%JGL)G)N7JL>1TF$>D)OB^`Q0T
MF_>G_>MS<LIV%"5G/\MW.5)+65->7TUU.P](_P`7WX5<7LCMZ?<V9D[?O_9T
MLZUM\.B_*%^U).%IMJ$F_-A14<HTD]4J%>V3MI<D:CO/>377E8JMXU_6^W:O
MI]78;38U*;5Q[;I#0<)!_+E?EDV1]!1LK/-'I62SU)NW610\8*`'7IM\STXW
MVQOLX6;/7CPVGRU)R2ZIM.NE:\5[#FNV_P`8_H_NG8.W9'<>Y_*=Q2]0K6ZW
M<96;TO*L6K\'"LNEIIP2Z_B<JO3AK1%"[?'*JLN>$E<M\6PJ%`<:OV%IS?@0
M^[-;P4@_J5TW-;-J-JP230LJ,@5Y)LVT/)-CQRY%C`4`\PJ8G'-IVML?>&Q1
MV_$\J-O$C;EYSK5U<JI+6C2KX<SS[UN]5OPO>J^#WW/,W2YE]P?.2R=H<;<X
M]4I6(6Y*?5:JH]5N*7W'0EKU3Q_Y!/Y":D;CPMUYN/6->?R/(&C14'O."D*]
M8;;/TRC5N+UO4;%")&C)6QZ_LFOG7R\CXX11B.FWE*N#-SF#V^,8I-I5DUQ?
M$_*=/(MRC"?7*#MKPHJ\:U753A1U^M'I)C'#IW&Q[M\R-&O7+%HX>1QU2+G8
M.ED$U'#(RZ?]VL9JL82"<OQ3"7J'HRDJ/NP!@'BE_F;'X-.5^@2"`?&XX.S^
MGK__`#*M(?@]'X,VV!>C:LRK)+XN?N."[KQH7\^TY-I^533_`'F8?\8-Q5O2
M=]?;Q,G96FR=?<7IZ$T;),Z$QND-$[.-78^P/+=+-)69C04KM<J<F8%739)R
MX9N#"(IF!,Q357L^&0GCN4:/P]AKL#$>+=61CSEYZ3IP:U5']G,M'N_;'.#E
MAZO#>VV]E;+;)F8MV-?D*T[KU9\UXI&+,E_H;#M8*N**+'F6@I+G;&.`N4Q*
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M)1T['U/3<S:ZNPK<565'4.U>P"DY&#-0SY+U2T0?'B&K-U*$*\F"/T$VI0`"
M)K9=_B%E<+I'R,G_`.)$Z?7U(WHX)`W:L[;F6S5KJR,M)).3.QE?E<;L5.?N
M%U@6[&3D%FM@0:7.-*#M%VFJ<TL]14,4AB@?,BWNSM\/+^W]9$,64(="4Z'8
MM=$6S5LM*;71W=$0Z]#?RTN:_P!46*YES3S1*9=.G-2`DJR6D3O&295TU$P2
M*JV=E'P%$?!F='?JV)696XRZ^+5:?17[2+.RKK^8ZYJ3TII^H[NK)WRA7.T<
M?W6Y)!&/B:S8IYVG7Y*.4A%I.T1C9>5KZZTT"QSQ]EB9Q!>002/Y9W(B8R0K
M$\1<6_N-G(E"4K3;BOR;-A:VENXY=4JT+\1L!M<T-%V?_B>9,6\C"V>#*\LJ
MD5'2#VJT^9C(][)O5V#Z7D9=4'(M5F;E^/K5(4O$D8!(8<NRW2U-*,L=**]L
MOUF3_"I+52E7Z"G]SO[YKMM'1DEN12YOIZQ;`7GO5SQB+(%Y6#A8R9$IP25?
MH*6>/G%B2!4UC-G@D*J`F4,<<RGN^*Y.7ENKE!_\'33Z^E5,);5?44NN>D9K
ME_;ZJOZ.IT+?H;MV`Z0KS=>[V(R-:5(M#@:0,*Z"J;!Q$HJN'A"%<R*K6+<J
M-D#N3K';MS"DF)""(95'>[$:J,&JMOZW4R(;7\*4XRE)*E?&FA4U6VO;Z\T1
M8PUKD8]LVB!@61$_DPFCXE1Z\D3-8M99NHXBS`_?K+`JV.DL4ZINANAAQ+>L
M>?WX-T,BSMC5>A3C[N943FXR5C9P#.:F%Y%K6HP(>";+^5X&$>!P,5NF*9"*
MJB4Q0Z&4,H8```]C"WRW%UBI*ADV]J4[B4E+5\70]47#,Q3<5]%&+^:.O880
M_%X5/Q9QVX7ED9MV^N$IMG06[*Q[:LIU452IDUF&5C`(S>T=_P`FI_\`JN[@
M?^?3DC@$F6`,`C,[K7^X#27_`'!>V]_G?T9@$F>`,`8`P!@#`&`0T\Y.PEVU
M.?-F>[*V?I=SK?=K]<7CG>6@YU756QW\CY?@+)SZD6V=5:UR?3IU=2D8\=B4
M``%0``Z5PN3M35RVW&:X-.C7N:X%,HQG%QFDXOBGJB+T/Y4"DLW'R&%[H_<%
MC:?_`'A`@5+957DFFW.*8%01GPCFR294T2B4!^1#^`0Z=!`V]AW9W1;M>3#<
M<U6O#SKG^8ULMDV:<_,EBX[GX^7']1GOQ#_EQ^V5Q0M\5M.2U[<>4>YHA=H^
M8;1Y6VY3;,C'2C,P*HR455%6,506CU!P`*(KJ1;AT@<`,18!`!S39&3DY=QW
MLJY<NWGQE.3D_K;;-A:LV;,/+LQC""Y122^I$[Y"%3*4A"E(0A0(0A``I2%*
M``4I2@``4I0#H`!Z`#+!<-V`,`8`P#:<!$/1[>`8Y<F^)7'CF1KA35')35==
MVE2RR"$U%MY87L?-U>PM"F*RL]*ML&\B[52K.Q`X@E(1;QH[*4QB^/P&,4:[
M=RY9NQO6FXW8.JDFTTUS35&OH93.$;D';FDX-4::JG[T]&1B0/\`+W\!6,JT
M5N,MRFV_3V;D7`:KVQR<V/9M:OBE4\:+&<A&;R&D;)$HA\06DB]=-G"?Q5R*
ME$0'H<KO#NO.Q7@Y>XYES$:HXNY*C7@^;7BFW4U=G8=EQ[WS%C%L1OKFH*J]
MW)?032U6I5JBUJ!IE*KD'4:A5HEC`UJK5F+80=>K\)&-R-(Z(A8>,1;1\9&L
M6R14T4$4R)ID*`%``SF^&B-L=_X#>U[X?#@'S/&#61:.6$@T;/F+U!5J\9/$
M4731VU7(*:[9TV7*=%PW63,)3D.42F*(@("&`;(Z+81#!I%Q,>RBXR/;IM6$
M=&M6[%@R:HE`B39HS:D2;MFZ10Z%(0I2E#V`P#[/`;VO?#X<`>`WM>^'PX`\
M!O:]\/AP!X#>U[X?#@#P&]KWP^'`'@-[7OA\.`/`;VO?#X<`>`WM>^'PX!S8
M`P!@#`&`6^G-2ZKLZ,PWLFL]?V%O8GCB1L"$Y3:Y+(SL@[:03!V^F$W\:N23
M>.F-7C$5%5@.<Z4<U((B5ND!`+`H\!^(C>YDOZ.E().SDMLG>"."S5N"*+8I
MD@)RRH5GZ0_1@(J23*!5XWY'ZM4```R`@`8!?0^EM.*PUEKBFIM:*5ZYR"<O
M<((]$JQX:URJ)TU$9.RQ9HH6,[()*)$,59T150HE`0'J`8!W+_76OI5XSD92
MB4V2D(Y!DUCWS^L0CQXQ:QI_,CFS-RX8J+-D(\_QD"$,4J0^DH!@%,GT)HQ1
MNDU4TOJ<[5"`)5$&Q]=4\Z"-73DR31*VDB:'%-.`),IE=@S``;@Z`%?!XP\6
M`5%-:TUQ8WK62L.OZ3/2#(\`HR?S-5@I1XT4JKQW(U=1JZ?,%UT#UN0?KKL!
M(8!9K+J'1\!CF$0.UK52JM+CCP].K-?J<2J^?2BD76H:.@HY22DUS.I&0.RB
MVS5L=\_<G%1942^8J<1,81'TX!4.`,`8`P##3>W`3BCR1VC$[GW+I^&N^RH'
M7-HU/#6=Y.6N+<,J'<HV>B;%"?(X6:813@[UC9WQ$W2S=5TU%?Q)*$$A.A*B
M;CI-TU+EN[=MR3@TDG5+I3]^K^PZG9';MXD[=301V-J*.M*2&BXSC8(/++;6
MPN-*Q$LTGH^C."QDNP(+5M-QZ#HKL@%?@LD406`.H&O6;T[,I4IY;I14^LQL
MBU*]%OS+GF.:E7X5XUY/QX%%6GM4<%+L$<2V<?X"=2BKW6MF1R;RU7LI65TJ
MC=^C#221F]A156;-CR:ZAVRQE$'!U.JI3`0A2T^;)RDG_P`KDJ<_<7KER<IJ
M4$E27#2C5'Q73QX%P+/V^.)ERV'9=KV/3\4_V!=+;`W6V6`+';T%)RP5EAZL
MAG3EBC,DC4D6K#^Z%)%%,BA1ZF`3>D:'.<X*W=HX(B-R_"<;L&NM1I1I-<*:
M:5/LA>!?&2KV4;55-;-ZO+G1KK=1Q`3T]%HG0JQ;X2'0/'MW8,#H)([+G$E2
M"3PN$Y`P*@;P$Z4N,7<5W7KBJ+7]!7"Y-??;D^EJK2UJV]=%PK1<:))'2S?;
MIXC674U-T=8]/1DYJW7L;ZHI]3>6>ZD1AV(W5CL7RT9)O/)2OC0N<:@\1,*P
MBEY14R>%+^[R6V[;MTHG)/C7GKR\"VE*,XWXRE\PE3BJ-5Y_#K0^)UVVN(#L
M%DW.H6BZ3K8KW;+LAK9<DB+WU_-'L+R8%%O,)(I$=2R@JG02*F@)A$?!XA$P
MU=6CC_94DU[*4J2W<=WYESEYZX+3HT\5T_K/N?=NWB?*T;66MI75C=]2],(W
M]#5L$I;+JBUJ2.TV,C%[`11%G.M5)0EEB9AXS6%\9T8&KI4A1+XQ$2N3D[<[
ME'.+=7^8B,(0<G"K4[BE).C26FD-%3]9I5>W5Q'I%9LE,JNGHN'J]OUI5-03
MT8E9+@Y*IKRDF8JU>NM5WTRZ=(I1#B,;G(MY@N#BB7QG,'B`U+^.X[UVKO./
M2W7E^3*^J58OCTI\:<>3X:O\QV=2X`\5Z(=)6IZHBHQ5O*U^:8G/-6.1]3RM
M8K\S68N3A"RLB_)%O1B9YT1<R12@X45\Q0#&*7I,>BW!PMK3VZ_E]!9M^="[
M&^G'S7&*FZ5ZDJU\*UTX_P!>6$!6XBKQ<=!UR'AJ]"1A#)LH>"CFL7%LDU#G
M652:1[%!LS0*HNH90PD(7J<1$0ZB.2Y4BHP7O*X.7WKNLZ-53T2JJ:?0RH<I
M)&`,`_.X_G%KM;JSSCXMLJ[/OHEN[XF.UED&K\S1-5<VWKNEYIR`8`,?P)@'
M7V@SMNU[&)>Q+GS%E7)^9HVZ<EH<AW%&#R(3=>I1BOH;G^H@RIG.<M70BQ4M
MR<^]BHJ)3A%)<Q71(=-]1*U6KE7'C"=UY.+MV,R_CG978,WP(O$CD5]!R@`[
M+-V/"R[;M0L1M5:^).K7/[>!JX3\NWYB=&O=^LOHP[G#M(D<92>E%I!E\C\<
MD6\.T7:Y?$P(_144_P`+S`9,C1D1NS.H"RB;5%%!3Q)I@3-5_)]A_P#B,MO<
M:<91^LHVS\V:?>&BC9U*1T6]G+I'3,]/N47EC?.48^"LZ2\Y-A"U.I&D)!Y(
M23=(YQ!5TH8QE!^(7ID_R=9YW&8=S.E;>O`QX><MY]O(.6K2'CY.)0=N"-7A
MI!9L,JU(L<$'!6ZS8J[?STP`_EGZG)UZ"/4,KCV5@25;MR?5[$65O5Z$?W<4
MX>/M/J;\OI@.G@I<4*@#U**\DZ5-[`![*94NGH]W*GV+M\M+=V?5[B(=RW;<
M_BLQGQTK3Z3O6O,.PB)A5I,-YPB!TCDDG@>68!Z@IT,!S"<1Z_AZY'\@XO'S
M9%W^:9_Z2'_%_05+&<RY<#ID=T^)$P&$XJ(NU4R^+VQZI"8.OMY;_DVS_P!2
M0_F?+_Z<?K+@0G,,55O$[J2;8"&$4W#:2`@@8!^*9/S6O4OA'\)3=?:Z9;EV
M=/J_=9$HP\*%R/<4IKJN+IGX+4N>_P":;%^Z6D7[:8FY%X(KOY!\N==ZNX-T
M*8[E5T8YE3B7XH"!NG@``S%R>T<R$$[65*M?`O6NX80=6WP\#M(SEW!F*8#0
MRR)S_',D8Q""H`="@85"$,0!`OL>SF)'M3<G)+YIZOP1>7<UJNK=/<5(TY@M
M2J$(A75#(^(!`Q)5LB;T="AX_$R#XH%``#\69,^T<N'WLJ7U&3#N"Q<^ZW]1
M6:7,MPW*(H5XQRB7XH#9VI!]`>QX09"!1$<MKM;):JLJ7_";&WW-.S!6HP3B
MN9W3'FY))].E4`W7_P`]I;CTZ=?8Z,?1A]KY*X9-Q^Z-1/NN_3X;<?K*H:\Z
MI@AO`%21*4O0`/\`2E$OA#KUZ_%8"8.GN93_`"SDK5Y-U+_<8M]UWU<BY6HN
M*>JKQ/?AVU;8K>N!?%2X+(@V5L6GZW)G0*X^5@D9<JXB0'/EI>=TZ?G>$/Q9
MIK]EXUZ5ARZW%TKX^TZ:SD_.6HY73T]:K3P,X<M%T8!&;VCO^34__5=W`_\`
M/IR1P"3+`&`1F=UK_<!I+_N"]M[_`#OZ,P"3/`&`>+;^<BMSNIZZ[<)E;3L&
ML523Y%7]I>C:VG)*&L\A4_4-(":0BP8.FQ'DN6,47^1$5\107,'X##U`V]FK
M6O`>U;,Y`[W[6;ON,V[E'Q[TA8%*C0>X7<5J_HNZR^QF<O&0$$[-"-74B*[R
M1KHH'=@8OJ[SB+B14"B4`,H>WW_,&<@^X1O'5'%FC<-&&O-[T.2W9*=PI2[S
M%I)0^.5&U7/MX.O_`$,=MV2<I9+Q>9-<8KU<_!N$?+)B`BLV!19(#"JO?S/G
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M+C]/7"4<7!:>@T)MG#3*5UK%<E#"T3;D18HN46I#E$H&`I0/2KSV_F#.=?#>
MW[PN$KQ&XE:]TGI;:K*@PNH-]<IXB$YL[YJ3N5:QK?;&LM2U*2D?5]->-WB3
MPXJL9$[)LKXA%<$7`IJ\@2:]R3O6:_X']O?1?,Z#UC)[)O'*R/ULAQ[TV]E!
MA5)*?V72$KXD-NFV;*0%E#U*&5`'GR9(ZKIV=%NEX`6%9(#%^J]ZCF[QAC>3
MQN[!V\Y?23/1_&\.1M'VYQ[7M%VT-L!=T_BH2&T5*;$EDIJIU;;$W8IYJR;E
M4EU"^<FOXVZ9`;G<@6"TW_,)\O:E;^"EJYX<1-+ZDXS=S2.FU>+5]U%LRS6J
MYTR4!W!,Z>TW'"SK0C)VSL:]MAQ.M'@S.W:2)7`IB=)9J0##@G\U#W`&7%RH
M<[ISMVZ11XCQ_)U;C-LFT,-WS*MQG;H$$I<1A=?P#E!!_!*,:HS6$\H_923!
M=\8B7EH@`B+W<02><1>\_P`[=D=PW8';]Y1\'-9ZJV3)\;7/)G1L-K_<9+-(
M+5UPVB):NU+8=C<JO*RXEI2)DEDG#UH6/(R?LS$%LHDH54I:@]+\>LZ<,&+A
M^T]7OEV;99XP\Y-S\B=*HD.X:?*$O[I?Y,L82>,OQ3>'J'H'`/LP!@#`&`,`
M8`P!@#`&`,`8`P!@#`-IC>'IZ.O7`-OF>Y[_`.3`'F>Y[_Y,`>9[GO\`Y,`>
M9[GO_DP!YGN>_P#DP!YGN>_^3`'F>Y[_`.3`'F>Y[_Y,`>9[GO\`Y,`>9[GO
M_DP!YGN>_P#DP!YGN>_^3`-Q3>+KZ.G3`-V`,`8`P!@#`&`,`8`P!@#`&`,`
M8!T$M5*O/KI.9VMP$TY02\A%Q+0\=(KHH>,5/)25>-EE$TO,,)O"`@'4>N5*
M4HZ)M$.,7Q29U?\`AQKS_4.F?[+P?S')\RY^T_K9'1!JC2I[C7_#G7O^HE-_
MV7A/F./,N?M/ZV1Y=O\`9C]2-?\`#K7W^HM._P!F(3YCCS+G[4OK8\N'[*^H
M?X=Z_P#1_P#(M.]'L?\`RS"^C\7_`*+'F7/VG];'EV_V8_4C7_#R@?ZC4_\`
MV9A?F6/,N+^T_K8\JW^S'ZD:_P"'M!_U'J'^S4+\RQYES]J7UL>5;_9C]2'^
M'M!_U'J'^S4+\RQYES]I_6QY5O\`9C]2-?H!0_\`4FH_[-PWS+'F7/VG];'E
M6_V8_4C=]`J+_J74_P#9R'^9X\RY^T_K'E6_V8_4A]`Z-_J94_\`9V'^9Y'7
M/Q?UCRK?[,?J1K]!*/\`ZFU3VO\`]W8CYGD]<_%_6/+M_LKZD:_02D?ZFU7_
M`&>B/F>1US\7]8\N'[*^H?06D_ZG57_9Z(^:8ZY^+^LGHAX+ZC7Z#TK_`%/J
MW^S\3\TR?,G^T_K'1#P7U%1-6K5BW1:,FR#-HW(":#9JBFW;H)E_-3112*1-
M,@?@`H`&4<>)4DEHN!SX`P",WM'?\FI_^J[N!_Y].2.`298`P",SNM?[@-)?
M]P7MO?YW]&8!)G@#`//-W_.U=RD[F]>X=&XK7C3M&N7&?<=BVH[?;AD+*SBU
MW*["M&K@QJ%=J5M]8G:R]?\`$X1<)HIF2,'0QO27`.DU#JO^9J@7>QG&YN1W
M;SV`SDM0["A-<Q5;KEEJ7J?<4S&)Q^O;C/2C+32+Y>NT^075D'+1/QB]%$B`
ME`J@G(!AWQL[!/+GMS<FN-7+_BAR#IFPK?/ZHLE5[H%;W1=+XQC.0MDNDPO:
M;Y<-=O(ZJV);Y463E#.(HDD#(47T"R<*F,+Y^3'O!!#VMNW)W(NYGVJ)3BCJ
MC97&37W!6X\[['<MKSE\B;ZCR)J5BH4+1W,B2L-(V/>5*U5>?:OH]RV;+'9.
MTI)B9,[I-LH?`)L-V?R^'+'0W*[>NZ^W4QX#[6UKR=US7*5/4[GQKAY?)_CY
M;H.!8PG^)FHW9*9;XM]+)NFRLBA\H(0GG.!;N6CI)%%0`*NO_8<YZZ0W#VX^
M97"W>_&.Y\P.*FN;!K'>IMS:]'46F=EDN<C?GTK8X&I:,J,<W0CHR/VA*Q)F
MP-H^1=M6K)X9T+H%2"!BG%?RT7<)4=#+W7>G&&QVZ2[IE/YU6FSPK[8->:2U
M4CT9ES:2Q5>5HDB6'L[V9ES*,XPSA9HDET*9YZ/3&M/:"A[%_+)]QN1UGSRT
M8-SX!W;_`(D=S-=PUWF!M&%V#9.6-K:LK>PGV^N7ED<4U^WU#`S2B9Y.;=1I
MY-PN^!1H05FKH5&\Z@SDY@=CON/<X^.D)QCVGO+C%3:3Q'USQ7?<"Y6J1MS<
MS#;;.N-3Q%"W9$;CDEX$CA>GVAZU<+1T@@@Z<(+),5"LR)`Z14<@7I@>T]W6
M><%'Y90/=IYKTAM6-V\=2Z-UCQXXM*VI;1=0NL5+0-BK>_+C6[''UQI,6J&L
M=9;N@9-^ORHSA7JX;$1;($`Q?U1V%NX]N.S=O35W/[;?$];BKVL&LR31+70X
M;%>[*W@_0>P;^ECL92TP$-$5F/CAI4"W=J-O&<S-DJF#=59P9T0"@I?^6\YL
MR79.^[B#:''(-VF[A#OE@I9S6._EUR:@.-9R5+]4EDBZ\-/EM7K-X5;R?5WR
M4$0$//\`%[($PM3[7F]X'O?UCN4.[7K%324+PIAN.3JL(2MC-L<]TCH=O'K2
M2,6>LDKYJZ99$3%5&2!P)1]*(#@$\^`,`Z6<L$)6V@2%@F(R#CQ5(W![+/FT
M>T\]0#G*E\H=J))>/RTC''T_%(0QAZ%*805IJ^`2;T1&W8^\7V]Z]875=1WF
M[MQF#M1D^L.N]9[0V%2D'*+@S9<J%VJ-.EJQ*I('((G59.G*0%]/B'H.=!A=
MI]S[CC?.8.WY=W%:JI*VZ->,:TZE_NU-#F=T]M[?D?*YN=BV\E.CB[BJGX.E
M>GZ:&<^G]WZGW_36VP=,;!K.QJ@Y<KL!F*T_([*QDVGA^60\RR4*C)04VS!0
MHK,GJ+=VB!B^-,O4.NCNVKMB[*S?C*%Z+HXR3C)/VIT:^DW5J[:OVU>L2C.S
M)54HM-/W-53+H^,WM^\'P9;+@\9O;]X/@P!XS>W[P?!@#QF]OW@^#`'C-[?O
M!\&`/&;V_>#X,`>,WM^\'P8`\9O;]X/@P#>01'KU]S^W`-^`,`H39.QJ=JBF
M3U^ODVT@:Q6HY:3DWSI5,@E03410(F@10Z?G.'+IPDBF7J`"JJ4!$`'K@$)U
MZ[[>ME9/IQYX]7S=M/!N"J&Q[+<(+3U3L2@E\8C26\E%6VU6**Z@)$Y)6-8Q
MSLP`HU6<-C$<&]'V+TJ[PW[$CGV;-NQB3CU0=Z?0YJE8N,4G+IEP3DDM:\-3
ME-Q[SV+;;[QISE<O1=)*$>I1UHTW5*JYI-_69G<1^Y)JOE!-0]`G:=;=%;=L
M4,]L%4HU]=04O#;%B8DHGG76KMA5=_(5JW/*\ET5?Q*PQU@:-A^4J1Y6H"MG
M*;[V[NW;>;/`W6WTW;<E%N+ZH-M=2I*BK5<'36CI6C-UMNZX6ZX\<G#E6$E6
MCT?&FJ]_U<R1?H(^P`CFC-B:8`P!@#IU]C`&`,`8`P!@'(G^'^C^W`.3`&`,
M`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`C-[1
MW_)J?_JN[@?^?3DC@$F6`,`C,[K7^X#27_<%[;W^=_1F`29X`P"-'N!\FK[Q
M\F]2,JCN/56EH^P47D+>)"8VO54[1$W.QZE@*/)TS63%,+55Y%LXN3RR.4SE
MC!=RZX)%*T1,IU#`+%5[NJ[$M,M!TV(XUP">Q+C::[0X:FS.XG$;,:[N#J\H
MZ[G&/(F+9ZVF)+4(/945I2MHD3EG,]!ME%_"W.'@P#(;CEREV_M"_;+KUYC-
M=Q-97XQ:6Y0ZK1C9)^&QFD7NM?9ZCJFS]>=L48F>C];$IS)@O,-5B`Y>+@=5
M%('222(&)3SN^Q-.UI6RPFIJU8]G'AI.1M515V36:0XAV<5(Z-BF=XGX9*%=
M.HZ/OK';:DE&-$$EG+Q*-,FR*[`WB3`NU1>X5M?87&'8?(*#J.BT5X#E'J;6
M->8RE^ND7`1NDMG[&U#`([`V.]E:;&3M3F&E+V2K*%.NP;L_DZ)':A"(@9,R
MM>`+?N^[?>$)36$&SXS0LY9]JUJ5M59I$-N@ZMG?1\B_W0SUFU8FD=:1D3*2
MUP2TH\5<(,EG81XR#<ASB(`955?2"C]E]Y::6B'ZFH-#2!XVUZ)L&XM4WZVV
M1@S7G*_,06Y)/5]V8ZT?M(B=LE=63U+\IFVC9R#M@WE4`#QF34R`9@\Q]\[6
MJT'Q[V!QXW!3VU.MVX)O6]_:M:!$;-)--Z]0]I7.<3@YP;3$(5^=BIK4SB#5
M*<KA-%=VH*A?-0`@R#'"8[O,Y2+NSI^P^/T.T<1FIVNVMF-Z7MAW:Y?7,#'Z
MZH6\KZNK&/=;5US9V=*TI=E)$R[$AD'LE''9)*`=03)0WK3F#A<=UZ_6/9L1
MJJ!X^.Z,\DK=QYCCV&T6N*EI%M![8MFB)5])N*&"$+/&KLIK7</R)G+(&63:
M6-LJDLF*2?C&0:\HN<G*#3/*K8]4K44P7TA3&0Q1'<I3*WZA6F$N)^S^0+R/
M1O9K^G<O\4Y"7I;=&#C/HRX@'S4%T5GB;H2%`"D"]US=VP=HV"EZ8U+JQ[%Z
M[V\MJV<0N6P9J.L-N?UJ`W2_NAESL*@Z2J3-HAJ]&0:N8UG9&QOE[=DY7:NC
MG2+"=09G<,>7VPN4;AW+64=*Z[;(W:_1[#4[*>FK%MF0H<?5Z#9JA/OBNUX)
M*#F&#>^,QEDPCWC-=N[;JH*)`J3Q-02.9(&`><7O&/K9N7:T/PT;7B%J[NP4
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M![J[0W-]M]UXU_%R)SI%7/\`Q824W:O1?.CMR@Y+[\)PZE6",D^>_=HYE:6[
ME-WX1Z-N/;BT]2*=QUU[NP-D\\+W<=7Q4Q)VJ7?Q,G58>U1=J81,A,D\M-RV
M9`T*K\E274,H8"=,\AE.2E14I[3UR,$X]3K]!F0EWA-*<7ZU3=:]Q?8M$I'*
M%?CF7D7*.=%U'8MEX_[BJTA93Q,`AQ?N,DT?.MJ3LLV?L4D(ALHK(N'1E!2(
M9+P&&5-+27WJ$=#>L>%3Z+OWZ>WOK;:-GU+>IW=M9L.O-G4C4FW)F1T%L@*/
MI>W[%8QSRI);6NR$2M7JBRE'$D#0IU%SJ`[17)Y?A14.67<BN(Z)/@73==XW
M@PTY(*<:3W>\JRK7<$;QUDMR-M771SQJB.1,RT4=Q.B97>Z4::C,MFR'EBDF
MR,OY7G_W9E2G`0!UQK0CHE2I&-RZ_F**/#;-T]KSA,S:7N,E]][?TUM7:6W=
M/[79:D=%U;KV>G)=_IZ^1+F%C+JXK-LCD$95)L#QS\C5`Z+<2JI+#3*XN7YB
MM6W2K+U:C_F!^,\!QAT5LCDQ)6JU;.M6B8/?&\Y?BUQ\W;<M.Z:H=FN$Q5*]
M>+O(3$4M*Z]JLNY8$(BG*+*/S&'QBD":B0FE7%37C["GH==.!)+L'N5\/M8\
M?-L<HK=LM=CI73[*K/YZU)5R:<*3Z5Z29&HZ5'B2M0D[0[M[F02;L444BJ'7
M$0.!"%$X5.22ZN1"BVZ+B1<:([_FLK;MCG[8MWL'NI^*_&A'B\PTVG8-1;*J
MW)6YW;?L%*G'7D]JJ77>STU=).RQOE0C*.C4!<,S`X$YT!\X*%<JW7@BIPHE
M3B3$<0N;&BN:U6NM@TX]N,;-ZPN+C7NV=8;1HUCUAMO5%W;-4I`*UL'7UL9L
M9N`?.XQRFY;G$JB#A$_5-0PE.!;B:?`H::,N<D@8!!5WY+;6Z#H32TML6"G[
MII[9>VY+C9MNB5:*];V*5J>X=?6B;0L\,S!P@+M[0)S6;63%N4%3N$4U")D%
M3P9EX.-EY>7;L8-N5W+;;C!+J<G%.373_:TBWTZUX4=:%C)NV;%B5S(DH6*4
M<FZ4KIQY:OCRXD%FD=:1NZ=B,D:/<F7)S25#FXVP;*A]9P?T>NDO4F)E'$+6
M+#-%L3&!KT//235)&6.BP06,P;.VP((@KXR9GJW^(;N;%[%R^W%D86V=Q9Z^
M5L9*5Z-SJ:BKD(0@FH7NF7P/J2JUHN!JNV/3;:?XW:W.*NY&#9_>.W+HE#GT
M.4FTYPZEJN+IQYGSTO>+1*I<DGM*LNN9Y77E;NO-/5$EJ2W(3D;I;;NC=CM[
MM4(A`&3!)A6GDY3Y1Y5W#=JHHA+P+A9L8@(E`A>@[4[C?=OI]B;)N.W;EC[G
MLN+;QKN7DVY*.5%VI2^&Y/XNN-V,;D5+J:2EJNJ2>'N>V_P;N2]G8V3C7,7.
MNN[&S;DJVI*<57I6G3*#<6U2K:\$99]^;E+N^E<V^VSK.G\F^:O&_4N[]([O
ML^R(?A+5)/96VIZ<A"5F4JQ(K6;%-4U@=L7;@4'+CRCG9L#+J=.@"&<1%O[#
MJ&B]3CN>VGM-<4>(-QW1`\T.:VF^50;,>U[>7(-.)I7*>J[AD6#R8U+Q[O6F
MW,<"D0UNRD<#6.?"^,#$#.%%DA(1,JE3I])2JHJKD3WZ]^<>KER8J<IV]_I&
M/"#4_%S=7+MTPY%U]DO0:GR&A:_(RL#36#ND>9>;929"P"VZ$,V:.2L'*ICI
M%\H#PTB:LZ&T_P`S/I.,Y0N-9UK5,1/Z"K>Y]5Z#N.P'NW(B(WL>V;-9L'+Z
M^TCCP$`]?673VMG,RU;S<LK+M%A4!86Z*H$`#&J.@J88<L^\UR<Y&7/C!?-+
M4?9G&OB*IS0Y3:5B-KTO=$22[<AF&A]);`^D"%BU\G7TR56/+98X)&",Y<R3
M87#,P.$RG2)XYC^C]##*RJO\P5>>(W"/BA:[;JI#>4*VXJZJW%L/8G(#EWKF
MO<E-OMKO:5H5\VU?K6.@)^U;(L]1CNJ\I(RR%?CUO!X6YU?`)SQ1O7D*TTYD
MPW-7NN6OCK>N$.L="\69KDS>^>&MMLWW5<..RZ_JQ&#_`,.==5S8S4MJD9^,
MDH]K%.82?,J]7*J!VQ&QBID64.0N0J,/0P/XP]T_:'.?N`=I"XTQU=M.:0Y,
M\0N:-NVGQV<S[.9@5MFZ?M3BFH/920;,&A9\L-)PZBT:X\"!BHJAXDRG$Y<.
MJ=&$ZJJ/4-@D8!R)_A_H_MP"+/O;[CVAQ^[57-+<FEKM.:XVC0=6LYBFW>MK
MIMIRNR:EUJL>H]C7"J2Q$ESLGJJ742C\50?PX!%E_*H\V.1'+_A'O/8'+;?M
MEW'>8#DM*52!G]B34:K*QM92UQ0Y1&(:"1)CX6(24@Y6*`E'J=0_0?1T`",W
MBUW).<EW_FE[QP_G^4>R[!Q98<@N3%=C--*R\<YH9*W5-5;`F:Q%MVZ+$5#,
M(>3C6ZZ'A6Z@HB41,/IZ@>N?DEW*^$/$FT(4;>^_JI4[PL@U=JTQ@VF[;:(U
MB]ZF;/IN&J47-O()LNF'C3%X5`52?&(!@'KG*[WWMVOV]>6-NV7;MY+I\"4I
MR2?!R4%)Q\=:57`]V]-?PT>N'J[M<M\[#[?R\O8U*45DSE:Q[$Y1^]&U<R)V
MHW9)Z/RW+I>DFF=U(=PSA9'\:['R\7Y&:[+QUJ:C!I9]H(O'[V(K$C*R;"%C
M8RPQC)@XL4/*N965;)`U<,TW`"N01(!3`;-OM6\;7OF*LW:;]N_C-TK%UH_!
MKC%^QI,\][[].^^/3'?9=M]_;9E;7O48J7EWX4ZH/13MS3<+L&ZI3MRE&J:K
M5,\G?8N_F2-F\G>6>W=/]P_D=J""J-D/5Z?Q:9,=;LZ8]O.S+;LM.L0<`Q?U
MJ*<+O'$G%O6Y$RO122`RA3&.!NHYLSBSU9:>[DG!S?W(*[\4]0<C*3=>1.MU
MK@WN^I63>QL+77EZ!-)UVYHNT)F#C6BJM=FE2H."HJJ"4P]0ZE^-@'#J7N7<
M$=[<B;;Q-U#R8U[?.15%<W%G:M60AILT[$NM?2'JJYH&<N8=M#.U*](=4UP;
MNE>@E,)?$!3"`%"2/=8X%3>P-\\?Z1RQU@;?VB*7N&Q;#K"\?;I-+6:6FX:0
M>WVP6Y1G7_5JL+1%6@GD`0<G,?RQ22\:@E*('GUU5S>Y';8[=C3D/O3N7\=-
MUQ_'+D?>XSD?>./VWME<4ZTA6-J5YA6N-;*=VU1M+H6!TYHNQ)HLPO"LX$R$
MHQ<-FKHSE9H9-0#K6?,A*Y;5UK"/N['45J[RYW/7(FCGU[R9W:ZMF]J?)<J(
M9&';ZXUO7M8LGO$M*HZRBI*BJJ^<P;7&25,Z%4/+^4$`O>ISXB^U%_B+J+F#
MW/-:/=_VBD<<#,*CM"_[?Y43%#V!"'OZ.Z):>K]7ITY.ZZ@K=6'M:.Q;JBT*
M]5:JN`1344,LH!Z">"O*C7G+[CW6MLT#>^F.0)G#N486:X:-<21*A'S(/W#M
MK7UH*P@C;JU*QL$Z:%7:RS=L]$W504RE.7`,Q<`8!X5^\WWC;+PU[AF[M(O]
MU<G:(QAF.O)BOP5%?R2%0/&3FNZT_.X@`;VB/;`FO*'<`OT2)T=`IU]/41^(
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MMR\D;I(4;7'(#F`64AXAU-3+ZQ6.4BH>(9M5T6@)R#QO<I!9%VZ>N"HHI>4)
MCGZ^P4IA#YV]2-F_$;Z5;);WWNONJZL>[?C9MPL[GF3NW)M.3Z82A!.,8Q<I
MOJ2BJ<VD^/RK>Z8EOS+UYT;II)U_,95DY[<H5)Y>JI\NMP*6=K&)33JO)[9G
MCS3:'77^3(2CF-))B[;L%W`^`BIRE(<WH*(YX[+U3]:8[='>);WOZVF=UVHW
MGDY2M2N)=3MQGU]+FHZN*;:7$POF\_IZ_,N]%:5JZ5-+'SUY55*O3MJG^5&]
MV4'6XB1G9EX78=M<F:QD4U5>OERMFSQ5PX,DW1,($(4QC#Z`#KC:_5/UDWG<
M\?9]N[@WFYN&5?A:M1^=OQZKER2C!=4KJBJR:U;27%B&7G3DH1NW.INB^(^*
ME=P7E!L*HUN]53E5OF0K-MAV<]!/5M@7!BLYC7Z?F-U563QVDZ:JB'H,10H&
M*(9D;]ZE>M/;6]97;V\;_O%O=<*_*S=BLZ]-1G!TDE*-UQDO!IM-$W,K/M3=
MN=VXIQ='\14W_&IS`^T_O7ZRK/\`/\U/_>;U7_\`D6\_^LR/_,*/G<W_`*MS
MZQ_QJ<P/M/[U^LJS_/\`'_>;U7_^1;S_`.LR/_,'SN;_`-6Y]9=[5FZ>>.X(
MS:\M4^4FVDFNFM9R^U[<$SMFW,E5:O".FK1XG#$0%X5]+"J\)Y:*@H$,'7^\
M`>@#U_:_>/K=W=B[IF;7W)N:M;3MUS-O^9G9,6[-IQ4E;I*75.LU2+Z4]=47
M;5_<+RFX79TA#J=9/@O#VEH?^-3F!]I_>OUE6?Y_G(?]YO5?_P"1;S_ZS(_\
MPM?.YO\`U;GUESK3O/N`TS76M-K6+D-NYE1]N_28*%*DV]*NEY;Z(R"<9._*
M(UM,*OXSY.[5`"?*$T_-+Z2]0SI]T[V]==G[?V[NC/WW>(;-NGG?+S^?NMS\
MB:MW*QC><XTDZ+JC&O%51=E?W&%N-Z5VYY<ZT?5QIQ]Q;'_C4Y@?:?WK]95G
M^?YS'_>;U7_^1;S_`.LR/_,+7SN;_P!6Y]8_XU.8'VG]Z_659_G^/^\WJO\`
M_(MY_P#69'_F#YW-_P"K<^LR:X7<LN4-NY:\=:O:N0NXK%6Y[:]8C)N!F;]8
M9")EXYRX.5PQD6+AZ=!VT6*'0Q#@)3?ASTST;]5/4C=_5'8]LW/?=UO[?>W*
MQ"Y;N95Z<)Q=R*<91E-QDFM&FN!DX>7ESS+4)W9N+FJIO1GLIS]<3M!@$9O:
M._Y-3_\`5=W`_P#/IR1P"3+`&`1F=UK_`'`:2_[@O;>_SOZ,P"3/`&`?"\BX
MR1.T5D(YB^4CW!7;!1XT;NCLG9!`2.FAUTSF;.""`=#D\)@Z>S@&TD3%)NW3
M].,CR/GZK19\](R;%=O%F"0H,573@$P6<*LD!$B1CB(ID'H7H&`=-9*14;=#
MR\#9*]%RT5/5Z0J<NU<-2%%[694@)R,$HX0\IT2,>$`/,1(<I#=`'IU`,`X6
M.OZ)&0Y*]'TVK-().&BJZ6(1@8LL>,!!M&S"&AE&OR4458R*9,T4FZ!@%-)-
M(I2@`%#H!W2D%"+)22"L-%*HS*2:$PBI'-#I2J*38K))&23,B)'R2;,@)%*J
M!P!(`*'Q0Z8`"!@P=,WH0T4#V.;F:1[L(YF#I@T.H14[5FX!'S6K<ZJ93"0@
ME*)B@/3J`8!J>#A57#5VI$1:CIBS<Q[)R>/:'<,V#T$BO&+58R0J-V;LJ)`5
M2(($4`A?$`]`P#Z08,2I$0*R:`BFJHNFB#=$$B+K"J*RQ$P)X"JJBN<3&`.I
MO&;K[(X!\WJ2%^6*R/JB+]8+,TX]9]\@:?+%6"(+%18JNO*\]1FD5RH!4A,)
M"@H;H'QAZ@<@Q$4+PTB,9'C(':MF)WXLFPO#LF;@SQFS,Z\KSS-6KLXJIIB;
MP$4$3%`##UP#F58LE_'Y[-JMYAR**>:W14\:B9!334/XR#XCIIB)2B/I`H]`
M]&`6;I?&[1&N[Q.[)I&JZA6[S9`L19>R1T84C]9.WV`+9;$FOF'40BT;/9RA
M(2!&I$2/7@`LL!S@!L`NZWAXAH[6?M(N.;/G`$!P\;L6R+M<$D$&J8+.$TBK
M*@FU:I)E\0CT33*4/04``#L<`8!YG/YAOBY)6".T;S3C:S+6>KZ+C+AK;>7T
M;3E1M-%UI>)"!GJ[N2%<5\R-A9,=:7&`%.778G!=M%3*SH0\ANOG6]F9^PXF
M[RQ>Z+-N_L&9:=F]UJJA5J4+FFJZ9+64:-1;?(Y7O#`WO,VE9';=V=K?,6XK
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MW%^";U)5RH0B1O*PX3EKHFN`4XQT5:/B1],.$W<&YY;Q[R/&JMU/1>J]=[VY
MP\6K)R7NUYE]AGF:0OKZO0EOF7&@5$:>VB=J0#Q]$N&J2KE2,71,5(1$OG&,
MG#4I-QTH2G&-&JU,GJU_+N[LI7(VTU=I`\8]B<9+7S!8\EV>^MF[$Y".MX4F
M@&DTK#,:M8:%K,]7M.SNPT)1OY47<7"X.&H'%8Y#@(-TWEM/E2H\Q4]M"AB]
MASN3,Z%I7C0C9N)TAH+C!RJY1;JUM>1MVP6&T]A5[D-5+LP8*6V$&FNZ[!/*
MP]L":*S=)=P=?SA,54"-R@NZ)I=*I0=<:UUK0MO,_P`OQW3YC0,=QRLVS-`[
M%H$=P?K.BM;04SOS>E-H7'W:\+:I.RVBPPVN:75V5;VY(70RIDD)2PI*(L/E
MXJ&;'^2IIG>7.E'1Z#S(UKK6I*YS6[:/.#E)P>BN#5?-Q?I]+UIQJX@6*@WI
M65NAKI<N87'Z1@T+E4]@%0A#09]-3E6@`2CY4K<\F1ZHF95(R0&*G7*#<>G3
M@4J24NKVF#N_>QIW!N8L]S'W[O23XLTK>&ZMH<+-]:XUI1;]M22U4^L/&^G6
MFEW'5EYM9ZY#76#C['7YX"M)R-%59![U,D1$@%4"AVY-MNE25.*HE70F3[0_
M`K8_#>+Y(7K;FN-"ZAO/(N_UB>_PUT1<]N[5:5:K4:#?0T`A=]Q[EG)"T;*M
MKQQ+/%S.0:,TFK<Z:("J``"5R$:+7B4RE4F1RLH&`8.=Q/ARTYS<6[CH]O86
M]*OK:6K.RM,WYVS4D&E&W+K>70LM`GY)@D<BSZ!5DFQF$J@0?,6BGKDA.AS%
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M?EW%\:81I7;_`$+=[=C#2<G4IVK6RHMF*TBS+'/5U$W15`.*RI2FTPDR2"P]
MFGC[J_?,KN^E<K=X<8-!7O<6N-Q[:XQT^[5"D:>V7N*DMXV#J;I>ZR$8AL&N
MQ%D+%M$96"82Q&LV8@$,4`,!058H688?R]_&=2]-T(GEUR&/K&`W#M?DUJ3C
M@TG]=.M>ZQ?<BJS9Z??9"OI?1E2QR\+..9Q0\8[<NE$VGD&12`XJN%%"=`T6
MT)_+,<9%Z_L;5M4YC<B(2H7[C5ISC#O*H08:??S%H:Z80C)?5TS)S4C39*PT
MD`09,7SR%CCLF<QY9%%O$D<2"KK44TH9WU[M$TX>0FAM\VCEGOS:,OQ4LNYP
MU%2K4YH#RN4&F[ETQ3]1R6IF*,976DA'52LP\`E)1Z7C*X(Y>F,<QB&#JT6H
MH^;*#XA=I?BCQ$WWQ#;4CDK9;=MGA7I[D3`4_5UDGM=#:9_7W)F\RMGF[5:Z
MS$LVED280,Q(G:QSQ!))LH4@%5%0_IPWU:D)4TY$YF05#`.1/\/]']N`0T_S
M#'_^%[N`_P#]&V'_`/<"EX!X&NR9_+YV/NT\<MC[TA^7[OCZWHFWWNL5*FWU
MQ(7$LHJSJ5:L8SIG[6_5-)N95.Q^0"7DJ"`)"(GZ&```[WM`\>YGA?\`S*T1
MQP:6DVU;#QZMO+&D,+6>+6AC7>8J''C:_P`@>C$*R$JLP]:/$2%\H7*PEZ]/
M&.6K\YV[%RY;5;D82:7BTFTOI9G;58QLK=<7%S9^7A7<JU"Y/]FW*Y&,Y?W8
MMOZ"8O@+J#7W+->58\W[QJBT1?-W<EYKU4FD_I(CS$U[RP@2(.7KFNS#:J+H
M)4=6!E68OVLN]6KITE6Z228.DU4L^5.TMMQ.X7*'=-W'N6]SR9QA+XOG+>4J
M.L7T:0Z91ZE*3MZQ274FC]Y?7_O#N'TDMV;_`*'X.[8N5V1LV+>OVGY+[>R]
MBNU48WK;OIO)5VW<\J>/;CF*4;DYR=J4)EPNU'%\?-G\U]@<,*AHEW=N*EMU
M=M*'Y!P>]+`VVQ'[MDM5VF+D->;'MM+""B]?U,\%9614(IO'M3J)IR)@5<KG
M*0P;KTNSL;&[TGL^QV[L-N\BZKTIW.MW7!KHN-**A"C^&*BN$W5L\U_''VQN
M^[_AML=_>IV9@9'>,=SP+FWVL;%6-;P89=J7S.':N3N7<G)4X4NW9WII==B+
MA:MJJ(Y/Y2/CKH'</<"YICM73^N-@N--5N`O.H@N-5AIQ?7%K@=T*$B[-2R2
M#=<T!,1/D(`FY;`11$2$`#!Z,^EC\5B^/<AL49V;_P"9\USS<>I'@-(<D*7(
M[+M[DI#G8/#W.A675FTF9DT"@8[E.\1+*<4+X1_OGJ9QZB(C@$1?`^W7;MV[
MW[=7>IVW*R9J+RWW7S/;;)(9(Y6YXV,%>M3)RF024>+%LDS='3HHF*</$P*(
M`/IP"27L+:1G]J<)>_IW,=C-1<VO;/'WDWJRNS+IOXU5Y2T:ZNNXMRN6CI7J
MIY;N3F8!(PE]!A3.41^*(8!@'PG_`/\`F1[PO_5/Q1_!_P#Q9K+\/7H/^C`)
MH_Y?3M"\0+OVP(WN67K6<]N+EY6)C<.R=(.Y.YW*/A]?6;CS.3HZNAZS5ZY-
M1<5*J.;;4B/''K!)X5<[H$03*0G0P$*G9%A.3O(W9W,;=U9[:&B>ZYMFQR,&
MOL^;Y/;4J<,\H#C8SRXR4Y+QE6NSH$I:4OK]LJ5>5(D=5B5B""1T@5.!P)\O
MY<#A/SWX5]R/DT?86I]=Z0XS[JH]^>V'25.Y+:FVT.K[=`7F+E-=17T7K%_L
M%U,I36$K(P8/WK$BI$'/@<'`Y@`0/=!@#`/%SR-U!J39_P#,'\R=\;HUS";9
M@>VUV^W7+ZEZIE6B3TFR=FL*C#GJZ<A'N$W"$I%57U4LNV(HDJFC+JME1*(E
M\)O+^P]KAC]V=W[NIR=S*WJQ!PK\,59VW"2:7*4O,=?%*/@8F/"E^].OWIK[
M(Q_6<9>;O/76=#B.7]^Y1[,W8/\`AYQ3WCO3C[9-(:GC>`VVM)<O[;K6JAH'
MC!/QD$.RVVTJ/$[;12BY=_+2@V9]"R"#ML*8"7.FP^ZK>9W;E]IK$RX7<2Q&
MZ\B4:6)J71\,)<W\=$_[3A<6G1K[UO\`Z(Y>P>A&Q>NT]^V')P]]W7(P8[59
MON6Z8LL?S*WLFS2D;<O+JZ:PC>QY-OSDHX?;UT=5Z?WJFO8JI[Y6J\#^4G(_
M5G+ZRZOB)16)BX"E?X47+:&V>-M?3;JD&&UMLW8M*:/2QC/R$FS<WEI`4!ZF
MT>9Z9=MYWJ5B^IM^S;EO6-@3QU6*UFY1\N\]-;ENWYEJ,GJHST^ZJ>86NX]P
ML]NW.W(3DL2Y?4^+^[1]4/\`=E+IDUXKVNLCS#>7-#>2=\VEHOE7?N(-/U]M
MSEWIKBKQXU%H?33_`(E:3I_!B6GJNX9<T'5@K+RV'<[."H*.736,>1#>K0KU
MLNT(80`!VV\]WPV?NC:^V)869?GN?F4OVXULV?+57YLOM=/NIIZUH<I>RU9R
M;6,X3;NUU2^%4\61;\UDJ'.[Y[;G/S7>M(33$UW9>%]EOG(?5-=CT(R!+MC4
ML-1;:VV3'LR(HJ@>Q-KJJT4=>@SY!)%RMXW*ZJI_GK\9?;F%NGI/'?[M%N&U
MY]F5N5=>G(DK-R%.#3K"7C6"]I@[Y:C+#\Q_>C)4^G1D35%UI<P[B6R2GW?>
MU0C=:T"W2/BB*D'TAKCVU'6;ZTDO#%AY-8CD?[E-PCX'YDPZF4$WISY>[@[J
MV+_]9=J<=@VY.[NN9C0_>9'[F_''2>=#]YK?F_BE"5;*?"--#57;UO\`A4/W
M<=9R7%Z.GWO?]ATNG[;R(N^L.0.[[-O&5/"ZU<\A:S3:&TKL`#5XI78R:5C)
MNQRAF@+.W$"\<MRL4?+%,$F@>9X_,-US^]MF],M@[L[:[`VGM^RL[=8;-?R<
MN5Z]U15ZY:5RU8M]5(J]&,W=E6KE<^&G2J59$,6U?M8\+:ZI]#<JOFUHO?S]
MYTFM+UR&W5L'2&M([>$U0*[9^'%(VG?):#@:PO8G$RO8'L<[>U@74:#.&EI5
M46R2RI4Q21:$.":93F`P9_=?;WIIV'VWO_=63V_8W+<\3OC*V_$MW;U]68VE
M9C.,;_3/JNV[:ZY1BVI2N.+E)Q315>M8N/:N77;4I*^XI-NE*5U\:?G)-NT^
M7<6X>0.X]"7.E0_*6=XWVR1!R\MLT37-:L=#>5]\]BK#M"RQCJ-0BF=2=%26
M?J$52,X`2(&$QC"8VGW'TYV7=>X>UN[^Q]@M7MJWW:;V9?VR[DSM8N//'I;O
M797W.$K>+&5R%RCN14NGI32FHJU<QH3N6KV/:3C<@Y.#=(IKQ?*)Z0$>$6DM
M^/>*\\K7=+4%Y:MRWK7NV&'%[8CVYZVL]9I>OY?8K=*-DG+I^,#;5$H3Y"Z(
M@H=0$G/G`81%/P^@/T:[+[YR.V<V5C:<.[E;OD8N9':,J5_%NVL?%GEKIDY7
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MQ,>XX9JBE@^6W->$HZ=/TO\`,6S4UUQ7>USMZ;%VC66VL]:;IO&_WNUS0TO8
M@CVD!%791"DP2JJTB^6B("),JU9.W+4$EQ:BHJ<XG_O"\R^W?3.]A=B;]W+C
M0V_M_=\W=)9KMW+W2K=O*Z<>W5RDX6X5A;G."C+R^J;?4NI6_+Q'#&NWET6I
MRGU4KPKHO8N%2Z<AP^@KYRETYKV]<?\`6FI=-2$;L^^LMC<>[K9;34]\:\H\
M(G-Q\7%RLQ-RPQ\X1-%$KDZ?R9V9%X<_A'HF<.JRO2;;]\]2MHV/>MDV_;.T
MIVLS)CE;9D7KUG<<;'M^:HVYW+MSIFJ14I+HN.-URZ52$BZ\)7,N%JY:A"Q\
M3ZH-M3BEP]C+,5MAQTYB:LY3-Z7QRJO'RY:$U?+[DU=9:/8;*[&:J=<>F2?U
M;9+>>?/VLS+/&:B7A>)%1."QQ$``$Q!3D=OL^GGJSVUW)';-@Q]CW/8]NN9^
M)=Q[MV7F6+,EYEC*5V<XW)RBX]-V/2^JKTBJ2L06/FVKRMVHV[EN'5%IO5+E
M*O%F43:/XUZ8Y<\+=/ZQX_PT??[L/&[8UGVL]L=A<O:_(3+-J]7BZG`+.UX]
M$LV@P64D%E3&\9WH@0I03*`>DV<?T][0]4>T>U>W-DM6]\S/X1EWLR5Z]*5N
M4_+D[=FTY."5Q)RN2E6KFU%+I5,NF+8S;%FU:7F2Z).57I7P7MIK[STR9^BA
MU`P",WM'?\FI_P#JN[@?^?3DC@$F6`,`C,[K7^X#27_<%[;W^=_1F`29X`P!
M@#`&`,`8`P!@#`&`,`8`P!@#`&`?.X03<I*H+HIKMUTCHKH+$(JBLBJ4Q%4E
M4E`,11)0AA`Q1`0$!Z#@$6MT[*';!O=MD;G*<3:I!RDT^5DYN-UY;]EZKI\T
M^<+_`"ERXE*'K6ZU6E.CNUNIENK#^]$1\?7J.9=C/W#%M.QBY%^U8EQC"Y.,
M7]$9)&+?P<#)N*]DV+%R\N$IVX2DOIDF_M,_M/Z3U+Q^H<3J_1^M:7JC7L&*
MIXRH4.OQM;@V[AQX/E3X[.-00*ZDGIB`9PZ6\QPN</$H<QO3F)S;YMU?M9E<
MJ<D8J;8T9S0E=N7B_P"F.3,)3JG:&U6AX?7]KAI"?A*Q$Q4?6TY]]&LU&[V/
M:STW)-)%05T$DEP17`GGE,<BC2*/D3IS.@1U-W*DW,@F/*/381:*CT\`G_AF
MW7DA;EGD'\6QG7SRN.?E?6%3,P6<I%(L"1C'$%7)BNDVHT/AMN@>X$KL6_VV
M@\LJG#U>:<2TC0*18JV[FF5*<2$.L5M&.'!XD[>>CH^=GY$43NFZI4V[*+,*
M!S(+)J-1H5-L?7?<:GI:"E-9<@]*4*(+3Z<C8*C-ZZ^DBIKVP7\NYR+*U&AS
M'4K,XV3*J@U^1).$E5#D*JD4"F*U&E/:=E6M=]P")6M9+%R!U7:T9BAV&$J#
M@:"QB34O8"B+F2JUZD6D?6V8VB*;2($C7L6*[<JD><JR9@<IJ"L^+Z!H6@+H
M?NE/)=I)S7,74"B+1BNQ4B836:L%#2/RR6BI`[Y5HWAU9%H[CFL21!N/RY<Q
MA6<B<X(./DR44EXDUCX%T+;JON`N&.L5JCR+UB$]5*S96]W4FZB1A#WRVOYN
M23@I-^PB:FY(DPCZH[;$`B!&B:,@U.IY#CSR':SJ0J%.;7T3W"+K?9QY5.5M
M"J&M$[,C(TROQ%-D(&T,(`SJ/<.8FSSK%%\A8%2)-E44C>6F7RUA$W4WQL-,
M)HR'XUTKDU3$KT')':54VJ_G9MA)U:1JT:,`VKT:WC$(E:!)!)UZ):HI*^KT
MWRC@%U3+O':X`DBF4@&*O,.G(R?R2!@&PX"/3I[O]F`;?"?W?]/Y<`>$X^SU
M'^G\N`8&<W.`]-YM$UHK8[[;M<RNL'%O?0TQ3FT4L\=R<Q!D<4F1>&D$Q,#C
M5NV8.O72)\!@*,O7T$U`%%54!$-5+(:Q[4M.UCN*G;9:;8F+$77]DUO/52JV
M"DP3B-:!KRK3U2;KO%4)-!%Q:EXVT/@;3239N]:^80%/E7@,*@DY[#VJ*;+W
M*Q6Z)W'=:P-PV-*[&L\5$PL81F[G9S8NU+Z[M<:)9!((K:T$AL=O&P%H\"SJ
M&;Q"9BHJBJ)4W'B"V\]V<82XQ<=!WGD1:KE$,G/R/Y)/:^KLA\DJL?#ZU@(%
MA`?+IIVWA;86)UHBWE9L4G"DN@^<IF;H%,4`<J$4+F;:[;$EN!]0H>3VRI3Z
M+J[3>EM75^.I["7CT+2ZUHK>B2,K8ZI%3M>90;=LWM39Q`D9R;@8^68H.E/-
M30!LH6B]H:JRI=N]MFN[+W?-[SC=F3%6G)S8=(V6_AF<0Y;MWUCH^NJIKV->
M2,U7;/6Y1_)(,Z.Q.Q>.0<FCDWDHB5)8CX/()T%#%'2_9KLT-4D66YN02[ZR
MGA+O!29];,K(PBY(UUA%(R2L3M5[8H5!Y.S/K%=O,`XCE4Y5A'1)3B1RS5=.
M9J*$D.E>&6N-+S]&LT>*<Y,:XI]QIU0?.HI"/<Q+*YVMQ,/%B"S>&;N%(VJ-
MXRML?-24490T6F@@HFDHHD,+14),OO`;VO?#X<`>`WM>^'PX!O(`AUZ^Y_;@
M&)_.GB97.=7$G>'$FW6V<HM<WA5$:I+6VMLV$A.0;="<B9PKJ/9R@"P<+&6B
M"IB53T>`X].@]!P#%;M&=J+77:+T5?\`1.M=KW;;D-?MHN]HNYR]1$##R4=(
M.ZS7JR>*:H5\A&JK(J%>(J!S_P!YYBA@]@`P#%?57\OSIC57=BG^[''<@=HR
MNR+!L?:6QU]4/:]4D:0@]VE4[%4G\8G+()>O3,XIM8E%43"/F'.D4##T\74#
MN^078<U/?>2;;E7QOWC=.*&T0MH[`<HUBIP%WJ36]G54<.;96(&7>P_T;D)%
MTL==R@"KADHN<QRH)]1`?)]X]*-OR]Z6_P"RY5S;\_S/,?3",X=?%RC%N/2V
M]6JM5Y(^^/3W\>O=NP^FLO2GU)V+"[L[6^4^43OY%W&ORQ4DE8OW;<;GG0A%
M*,)=,+BBE%SE2IF1V]^V+H?MY0-I4H+Z?O\`M'8(H_X@;<NA6)+%.-F[E5\C
M"Q,?'ID85NN$?KF<&:HBJHNX$%%UE1(GX.D[0['VGL^S<^3<KN=>_P"9=G3J
MEK6B2TC&NM-6WQ;HJ>-?B&_$_P!^?B(S\6._V\?;^UMOK\IM^-U.S:DXJ+N7
M)S?5>O.*4%.72HP^&W""E+JAQ@?Y4;C-KGF[#<Q]*<J.06JFD5O&#W:?3L2U
MKCNOKJQ=]8[`=Z^+9FYHB8-09*18@V%JZ2=JD9F\!E%!`#9VA\V$AW>$[*.C
M.\/7]*1VTMCW/45ATA,VM[`7&A0M=EI>4A;BRBT):LR19](Y/5H/H1JZ2$AN
MJ:I#=`^.8<`L_P`E_P"7KXU\D^V[Q1[<,GM38-.JG$F6C)JD[8@H6L.;I-2`
M1=G96P\Q&/4/4J2=T?VI9\Z*B!?`X12\(B`#U`RPXN=J#37%#MH6WMHT&Z6Q
MY1[UK[=5+M>TY%C#)W>7E-WL[!'S]P6CVR)83UI%1\TDW:)"44@08HD/XN@B
M($<^H_Y970NHNWERI[>,9R:V_*TGE3LK6&R;%L-[5J2C:ZL^UC*5V491<-'H
MI&B7;.64KI"+&7#S$RJF\'00`<`EP[:'`6F]M#B'1>(5$OUFV=6*)-WF:9VV
MXQT1&3CX]YMDK;';9TRA2$CR(L7$J9%,2AXC)E`3>GK@$*'(3^5FT_/\B+UR
M0X.\T.17;SM&T7,LYOE7TPHX=5)Q](7"KVPLZP$+;=?V*NPLN_5%P:-5?OH]
MNJ(?)D4"%33(!(AVG>R-Q?[3;6_V;7-AN^Y-\[:1(TV1OG:*K!2U2D260&74
MKT!'1R0-:[`OIGPO7A3*NWCYTFF=RY5\E$J8$S&`,`\3G<HG>1?&;O"VCG#Q
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M\IH*)G>257;U5@SB5W(`=!U'"Z.J*B@G,KX9=_%EV=#"O9EK;MSG.WN<,>%K
MRVKEW%DDYYL4U11A22\F35QRZ%5=;Z<%[U8Z7)0FWU4I1U:_:X?83.7'E[VX
M-YS%TV=RY[:O=7U#R#VBK&R_)3C5Q<D=M.N)'*V^1;!HS3G+>TH>PJ=0KXQL
MBK,B+MS*,6#APW*`/S/!\:BGN.U>IWI_N^UK=L/=\&.&XU:N7%9N1HJM3M7.
MFY%KP<:^%380S,:</,C-=/MT?U/4L3MG8'(OFWR72Y5[BT3(Z`INO-8(:%XF
M<7H*-=2S?26GD'B#R2DK*^B(=A"J7NX*,T$U4&:"2$='MT6A0$B1.GPA^*+U
MCAZA6+'8_95G(O\`;MB^KV1D^5.,;]V":MV[2E%2=JWU.4IM)3GT]*Z8]4N?
MW7/62E8L*3MIU;H]7[-.!8"P\4;D^W_"<@:I8=G4::)!0=4O%9CJ.,K";`K$
M#+>M6L2^6DF/RJ$.N/1%5PW`ZOEE#P>`?$)O`MM[OW3']-\CTVWC8+>X8#R+
MN1B7YN];NX=^];\N5R"@NF[3[T83I'J;ZNI4IKH9$EBO%G;ZHU;3HTXMJE?:
M;:+Q#DJ+J#9^H&A+[(1VSY;9<L^FUZ8]0?1"FRD54'J+-HF@HW<DBBJ]4A4,
M45!#XP`'H"KN'O?N;N'O;:>]KVU.WE;39P;<+2\QPN+!:<7*3BI1\RGQ))]/
M*HNY-V[?A?<&G!15*/7I^CF86H\.]H1O*BB4FES6[*`74_#ZLU^J[=@=?NUD
MW<G%W&0C',7-Q\G%.JU*DD8E^916/.KXBF*14H@)`'/=I]^3RO2#<=^WW8L/
M<GO/>U^]D;;>E=3C;N8T+D;EJ=MQOVW"Y!*-Y1HTY0?WJ&P^9KA2N7+:EYE]
MMQ=?"NE-5KS)=.WI!V?M\R6PI*%I%EWDKN^+MT-O_P#Q1@[`@OMF.NA$22K=
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MC86:!@:@F2,E%TV;ARF)1\:\>B;_`,W7R7$[C[YPNQ\KT_L6[Z[>R\RWDSCT
M2KUVXN-$^'3)^7*2I]ZU;>E'7$C=OQQY8R4O*E)-Z/E^A\_<709;_LBM+XWZ
M\N7&]AL*F\>$-G-"P-D8W=-E?VVSGIGSOUR:-:M',*[@'`E49+-%!,"J93F`
M>G0>GL=\;C+:>W=CW?8+>=M.P+-7EW5>4<E9DNM]?0XRA*TZ.W*$DU))NO`N
MK(GY=NU.UU0MUT?5KU>.FE.1<61YM[LB)S0BVF-)L-(TKCI(6.4HNO8"&O%F
MBY%Y<P70N/TJF+("LQ,-;`P>+MSI`=($BKG.0?,\)B]#E>L?>6+G[)<[/V>U
MM&S;!<O3Q\:W&]=C*6159#O7+LI7+BNQE*+75&BE)KXJ25QYU^+M^1;\NW:K
M2*3:UXU;U=3Y]@\M)N5UUM#7VEN)%:X[_P".1DD]PV:FM+U89JUQ15EW3BNP
MY)Y@1I3:Z_>NE#K-&1?+$AQ(7P@)A&-^]4\Z_L.X;)V9VOC;$]X<?GKMGS[D
M[T$W)VK?F-QL692;ZK=M4Z?A5%4BYERE:G:LV5:\S[S74V_9JM%[BL--[3O.
M_>X#Q%OMAUS(U`:U-Z9UX*#6/GW#`T?1&2L4WEW3R0CFP-EGR8^-0H_W:8^@
M##[.;;M#N7>^^?7'M?>\_`EBK&N;?BTBIN+CC]%M3;DM')*KY(KLW;F1N-FY
M*+C1QCP?)/7@>QG/UD.T&`1F]H[_`)-3_P#5=W`_\^G)'`),L`8!&9W6O]P&
MDO\`N"]M[_._HS`),\`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&
M`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`
MP!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`1F]H[_DU/_U7=P/_`#Z<
MD<`DRP!@$5O>%M5;HG%775ZN<VPK-,I/.3M[6VX6>75%O#UFK5WF?I.5GK#,
MNP(<K*(AHQJHX<KF#P)(IF,80`!P"K/OBNUE]OCB_P#6M6_G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB_P#6K7/G6`/OBNUE]OCB
M_P#6K7/G6`/OBNUE]OCB_P#6M6_G6`4[V;IZ%M?!6"ME:DVLW6;7R1YUVBLS
MK`YE8Z>K=BYQ<B)B!G8Q<Q2?*8N9B7J+ELJ`>%5!4IR]0,&`2D8`P#8HDFL0
M4UDR*IFZ>(BA"G(/0>H=2F`2CT$,`^7U;'?J#+]E0_1X`]6QWZ@R_94/T>`/
M5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'
M?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@
MR_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV
M5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_
M1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`
M/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;
M'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ
M@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,O
MV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0
M_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>
M`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U
M;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QW
MZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,
MOV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E
M0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T
M>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#
MU;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6Q
MWZ@R_94/T>`/5L=^H,OV5#]'@#U;'?J#+]E0_1X`]6QWZ@R_94/T>`/5L=^H
M,OV5#]'@'U)III$*FD0B:9?04B92D(7J(B/A*4`*'41P#?@#`&`,`8`P!@#`
M&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8
M`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#`&`,`8`P!@#
0`&`,`8`P!@#`&`,`8!__V3\_
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
