-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Dge2r7L2SX6lgU/I2pNs5uDnMHWzr1sjdFyjFYQmeFLugy2pFmr+5eu8WIF5X28U
 vNyMBLEJRiP3UH9gT+3NvQ==

<SEC-DOCUMENT>0001193125-07-255573.txt : 20071129
<SEC-HEADER>0001193125-07-255573.hdr.sgml : 20071129
<ACCEPTANCE-DATETIME>20071129082016
ACCESSION NUMBER:		0001193125-07-255573
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20071129
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20071129
DATE AS OF CHANGE:		20071129

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITHFIELD FOODS INC
		CENTRAL INDEX KEY:			0000091388
		STANDARD INDUSTRIAL CLASSIFICATION:	MEAT PACKING PLANTS [2011]
		IRS NUMBER:				520845861
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15321
		FILM NUMBER:		071272998

	BUSINESS ADDRESS:	
		STREET 1:		200 COMMERCE STREET
		STREET 2:		EXECUTIVE OFFICE BUILDING
		CITY:			SMITHFIELD
		STATE:			VA
		ZIP:			23430
		BUSINESS PHONE:		7573653000

	MAIL ADDRESS:	
		STREET 1:		200 COMMERCE STREET
		STREET 2:		EXECUTIVE OFFICE BUILDING
		CITY:			SMITHFIELD
		STATE:			VA
		ZIP:			23430

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY EQUITIES CORP
		DATE OF NAME CHANGE:	19710221

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY REAL ESTATE TRUST
		DATE OF NAME CHANGE:	19661113
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

<HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left"> <P STYLE="margin-top:3px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P> <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, DC 20549 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="5"><B>FORM 8-K </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;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 Securities Exchange Act of 1934 </B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Date of Report (Date of earliest event reported): November&nbsp;29, 2007 </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><B>SMITHFIELD FOODS, 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 its charter) </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</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>Virginia</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>1-15321</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>52-0845861</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 No.)</B></FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</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>200 Commerce Street</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Smithfield, Virginia</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>23430</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:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Registrant&#146;s telephone number, including area code: (757)&nbsp;365-3000 </B></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> <P STYLE="margin-top:12px;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 (<I>see </I>General Instruction A.2. below): </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</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="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</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="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</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="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</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="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</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>Section&nbsp;2 &#150; Financial Information </B></FONT></P> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;2.02</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Results of Operations and Financial Condition. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">On
November&nbsp;29, 2007, the Registrant issued a press release announcing its earnings for the second quarter of fiscal 2008, which ended October&nbsp;28, 2007. The information contained in the press release, which is attached as Exhibit 99.1 to this
report, is incorporated herein by reference. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Section&nbsp;9 &#150; Financial Statements and Exhibits </B></FONT></P> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;9.01</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Financial Statements and Exhibits </B></FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</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">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Press release, dated as of November&nbsp;29, 2007, announcing the Registrant&#146;s earnings for the second quarter of fiscal 2008, which ended October&nbsp;28, 2007.
</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>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><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="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">SMITHFIELD FOODS, INC.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date: November&nbsp;29, 2007</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Carey J. Dubois</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Carey J. Dubois</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Vice President and Chief Financial Officer</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">EXHIBIT INDEX </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="89%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Press release, dated as of November&nbsp;29, 2007, announcing the Registrant&#146;s earnings for the second quarter of fiscal 2008, which ended October&nbsp;28, 2007.</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:12px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g81908logo2.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Smithfield Foods Announces Second Quarter Earnings </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Smithfield, Virginia (November 29, 2007)&#151;Smithfield Foods, Inc. (NYSE: SFD) reported income from continuing operations for the second quarter of fiscal 2008 of
$18.7 million, or $.14 per diluted share, versus income from continuing operations of $46.4 million, or $.41 per diluted share last year. Sales were $3.5 billion, compared to $2.8 billion a year ago. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Second quarter results include approximately $13 million of after tax charges related to the previously-announced disease outbreak in the company&#146;s Romanian
operations and an after tax loss of $25 million related to the effects of foreign currency fluctuations. These charges and foreign currency losses totaled $.28 per diluted share. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Following are the company&#146;s sales and operating profit for continuing operations by segment: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="60%"></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>
<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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>13 Weeks Ended</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>26 Weeks Ended</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;28,<BR>2007</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;29,<BR>2006</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;28,<BR>2007</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;29,<BR>2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>Sales</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Pork</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,343.5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,834.4</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,571.7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,570.1</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">Beef</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">722.4</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">632.8</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">1,477.1</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">1,256.5</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">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">274.2</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">220.6</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">520.9</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">502.4</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">Hog Production</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">614.8</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">463.7</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">1,220.4</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">922.1</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">35.9</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">33.9</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">73.5</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">73.9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"></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">3,990.8</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">3,185.4</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">7,863.6</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">6,325.0</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">Intersegment</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">(526.6</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">(381.2</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">(1,035.2</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">(751.9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</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">Total Sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,464.2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,804.2</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,828.4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,573.1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>Operating Profit</U></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></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">Pork</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">62.9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22.7</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">89.4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">40.5</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">Beef</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">2.8</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">6.0</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">21.9</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">10.9</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">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">9.2</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">7.8</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">24.1</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">7.3</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">Hog Production</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">18.6</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">77.9</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">111.6</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">166.3</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">12.9</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">12.3</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">23.6</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">18.6</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">Corporate</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">(18.3</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">(17.1</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">(35.4</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">(34.8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</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">Total Operating 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">88.1</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">109.6</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">235.2</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">208.8</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">Interest 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">(58.5</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">(43.2</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">(110.3</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">(83.4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income from Continuing Operations before 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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">29.6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">66.4</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">124.9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">125.4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</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"><FONT FACE="Times New Roman" SIZE="2">Second quarter results in the pork segment rose significantly, reflecting a significant expansion in packaged meats
margins, a much-improved fresh pork environment late in the quarter and the contribution of Premium Standard Farms, acquired in May. Packaged meats profit margins more than doubled. Total volume of key packaged meats categories, including pre-cooked
bacon and sausage, boneless and spiral sliced ham and dry sausage, grew 37 percent, primarily the result of the contribution of Armour-Eckrich, acquired in October 2006. These product categories now represent 33 percent of the company&#146;s total
domestic packaged meats business compared to 29 percent last year. Excluding the impact of Armour-Eckrich, packaged meats volume grew five percent. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Smithfield continued acceleration of its marketing programs, accomplishing national rollouts of several Paul Deen brand specialty products. Pre-cooked entr&eacute;es Healthy Ones and Sizzle &#145;n Serve also reached national distribution.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Beef segment results were below those of a year ago. However, the company believes that it has maintained a strong competitive position even as industry
economics remained a challenge. Beef processing posted a slight gain in spite of higher cattle prices. Cattle feeding operations recorded a modest profit although feed costs were well above last year. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Hog production profits declined significantly, the result of lower live hog market prices and considerably higher raising costs. Live hog market prices averaged $46 per
hundredweight versus $50 per hundredweight a year ago. Raising costs rose to $49 per hundredweight from $41 per hundredweight last year on higher grain costs. In addition, the company experienced write-downs of $13 million in Romania due to the
liquidation of livestock inventory and cleanup costs associated with the previously-announced outbreak of classical swine fever at three of the company&#146;s farms. During the quarter results also were negatively impacted by $19 million in foreign
currency translation losses. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In the Other segment, earnings rose at the company&#146;s joint venture turkey operation, Butterball, LLC, acquired in
October 2006. Increased feed costs at the company&#146;s growing operations partially offset strong gains in turkey processing. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">International meat
processing operating earnings rose sharply, as Groupe Smithfield and Poland operations continued their strong contributions. Results of Groupe Smithfield, a 50 percent-owned joint venture formed through an acquisition in August 2006, almost doubled.
The Animex meat processing operations in Poland demonstrated continued earnings improvement on higher volumes and margins in packaged meats. The profit increase more than offset the negative impact of $6 million in foreign currency translation
losses. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">&#147;The decline in earnings this quarter was almost entirely in the hog production segment, as most of our other businesses performed
well,&#148; said C. Larry Pope, president and chief executive officer. &#147;Unquestionably, the highlight of the quarter was the dramatic improvement in packaged meats margins due to an improved product mix and our continuing effort to drive out
costs. Additionally, our international meat processing operations have become consistent, growing contributors to profitability,&#148; he said. </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 </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">&#147;We currently are in the middle of our peak holiday ham season. It looks to be another good year for this sector of
the business,&#148; said Mr.&nbsp;Pope. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">&#147;Looking forward, the futures markets indicate continued near-term losses in hog production, but an improving
environment as we move into our fiscal fourth quarter and beginning of fiscal 2009,&#148; said Mr.&nbsp;Pope. &#147;Meanwhile, fresh pork margins remain healthy and I expect a continued strong performance from our packaged meats business,&#148; he
said. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">With sales of $12 billion, Smithfield is the leading processor and marketer of fresh pork and processed meats in the United States, as well as the
largest producer of hogs. For more information, visit <U>www.smithfieldfoods.com</U>. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This news release contains &#147;forward-looking&#148; statements
within the meaning of the federal securities laws. The forward-looking statements includes statements concerning the Company&#146;s outlook for the future, as well as other statements of beliefs, future plans and strategies or anticipated events,
and similar expressions concerning matters that are not historical facts. The Company&#146;s forward-looking information and statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed
in, or implied by, the statements. These risks and uncertainties include the availability and prices of live hogs and cattle, raw materials, fuel and supplies, food safety, livestock disease, live hog production costs, product pricing, the
competitive environment and related market conditions, the timing and extent to which beef export markets are reopened, hedging risk, operating efficiencies, changes in interest rate and foreign currency exchange rates, access to capital, the
investment performance of the Company&#146;s pension plan assets and the availability of legislative funding relief, the cost of compliance with environmental and health standards, adverse results from on-going litigation, actions of domestic and
foreign governments, labor relations issues, credit exposure to large customers, the ability to make effective acquisitions and successfully integrate newly acquired businesses into existing operations and other risks and uncertainties described in
the Company&#146;s Annual Report on Form 10-K for fiscal 2007and in its subsequent Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on forward-looking statements because actual results may differ materially from
those expressed in, or implied by, the statements. Any forward-looking statement that the Company makes speaks only as of the date of such statement, and the Company undertakes no obligation to update any forward-looking statements, whether as a
result of new information, future events or otherwise. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed
as historical data. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">### </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2">(Tables follow) </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">3 </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>SMITHFIELD FOODS, 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"><I>(In millions, except per share data) </I>
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="68%"></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>13 Weeks Ended</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>26 Weeks Ended</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;28,<BR>2007</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;29,<BR>2006</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;28,<BR>2007</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;29,<BR>2006</B></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">Sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,464.2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,804.2</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,828.4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,573.1</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 sales</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">3,172.2</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">2,540.7</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">6,227.7</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">5,031.8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</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">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">292.0</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">263.5</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">600.7</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">541.3</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">Selling, general and administrative 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">231.7</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">173.5</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">412.5</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">346.0</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">Interest 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">58.5</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">43.2</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">110.3</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">83.4</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">Equity in income of 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">(27.8</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">(19.6</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">(47.0</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">(13.5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</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 from continuing operations before 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">29.6</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">66.4</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">124.9</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">125.4</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 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">10.9</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">20.0</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">44.2</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">39.1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</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 from continuing operations</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">18.7</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">46.4</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">80.7</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">86.3</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">Loss from discontinued operations, net of tax</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">(1.3</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">(1.7</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">(2.1</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">(6.6</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">Loss on disposal of discontinued operations, net of tax</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">&#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">(6.7</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">(10.4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; 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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17.4</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">44.7</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">71.9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">69.3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</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 per share:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></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"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></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">Continuing operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.42</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.60</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.78</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">Discontinued operations</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">(.01</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">(.02</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">(.06</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">(.16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</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">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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.40</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.54</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.62</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</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"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></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">Continuing operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.41</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.60</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.77</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">Discontinued operations</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">(.01</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">(.01</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">(.06</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">(.15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</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">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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.40</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.54</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">.62</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Weighted average shares outstanding:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></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">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">134.3</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">111.3</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">133.5</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">111.2</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">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">134.5</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">112.1</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">133.7</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">112.0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</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 </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>SMITHFIELD FOODS, INC. AND SUBSIDIARIES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SCHEDULE OF EQUITY IN (INCOME) / LOSS OF AFFILIATES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(In millions)
</I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Following is a breakdown of the major investments included in equity in (income) / loss of affiliates as presented in the consolidated statements of
income: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="59%"></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>
<TD VALIGN="bottom" WIDTH="4%"></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>13 Weeks Ended</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>26 Weeks Ended</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ROWSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Segment</B></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;28,<BR>2007</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;29,<BR>2006</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;28,<BR>2007</B></FONT></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" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>October&nbsp;29,<BR>2006</B></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">Butterball</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(11.7</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(7.2</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(19.1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(4.0</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">Other</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Five Rivers</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">(11.4</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">(3.3</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">(16.4</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">2.1</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">Beef</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">Groupe Smithfield</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">(6.1</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">(3.2</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">(10.6</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">(3.2</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">International</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">All other equity method investments</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">1.4</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">(5.9</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">(0.9</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">(8.4</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">Various</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></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 affiliates</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(27.8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(19.6</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">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(47.0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(13.5</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"></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Contact: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Jerry
Hostetter </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Smithfield Foods, Inc. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">(212) 758-2100 </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><U>jerryhostetter@smithfieldfoods.com</U> </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">5 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g81908logo2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g81908logo2.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@`1@)B`P$1``(1`0,1`?_$`,0``0`"`P$!`0$!`0``
M```````*"P<("08%!`$#`@$!``,!`0$!`0$```````````4&!P@$"0,!`A``
M``8"`0($`0@&!0@'"0```0(#!`4&!P@`$0DA$A,*%#$B%196F-@901>7UU@:
M42.W&#EA<34V-W<X>($R0C-#)%E38W2TE:6V)U<1``$$`@(!`P("!P0&"P``
M```!`@,$!081!Q(A$P@B%#$506$R(S06"7%",Q=1)#55-E:!H6)RDJ)3I"97
M6/_:``P#`0`"$0,1`#\`G\<`U^S]M?K-JK7R6G9'/6)\(0:Y#J,W>2[S7ZHK
M)`F(E.$0PE7R$C,*$$H]2M4EC!T'PX!SQ:>X*[,KR6"%1[@>$2NS*@B5=R:X
M,HH5!-Y?]./*LA"@GU_\05P3Z>/FZ<`Z1U;977>[8I<9VJ.=<16+"K-D,B_R
MQ$Y%J3S'<8R(*0*.)6X)2PP,45`RQ"J`X72%,Q@*8`$>G`,:#O[HD`=1W4U,
M``#J(CL7B#H`?T]?KA\G`-HX2<A;-#1-CK<O%V"O3T<RF(.=A'[25AIF)DFZ
M;N.E(J38*KLI&.?M%B*HKHG.DJF8#%,("`\`^IP!P!P!P!P!P!P"/YW3O<::
M0]K;(R.#;9$WO.^>TF,=+67&F*?H))*A1<L@#N,&[VJ??M(R)F))BH1PA'HD
M=._AE"*JD2(HD*@&?NU9WM]-N[3#65G@Q[:*+EVBQR$Q=\(9,:1T?=(R#<.B
MLD[+!.XE_)0MLK!7JJ:*KIHMZK595,KA%'U4A4`["\`_Q6<-VX%%PNB@!A$"
MBLJ1(#"`=1`HG,7J(!P#_HZR*2)W"BJ::":9EE%SG*1$B)"B<RIU#"!"IE('
M43"/0`\>`:H*;\:+)**)*[H:H)JI*'2534V)Q$11-5,PD434(:W@8BB9RB!@
M$`$!#H/`/KUO=C36XS\/5*CMKK/:;18I!M$5^MUS.^+IN>G)5X<$VD9#P\;:
M7,A)2#I0?*FBBF=0YO`H"/`-G.`.`.`.`>;N-QJN/:G9;W>;!$U.F4Z#E+-:
MK///4(V%@("%9K2$M+RK]R<B#1BP9-SJ**&$`*4H\`K7N[G[LW97-.0;3B'M
MPV5Y@#`,`_>0Z.:FT6T-F7*WPJWH*3T2YEVSM+&]5>^F8S)%LB68.B8JJSA`
MYOAT@(R)NX9O>>WA?C;B;)C<P=_'A9!S+??I4'?F\_K@Y^G/,!O-_P!'Z.G3
M@$O+L&>Y]SK)9RH&G7<<O1<G4S*LU'TO%VQD^C'L+O2+S,.BLJW`9)DF2+)G
M::C9)!=-D2273"18.E4SKK+H&.*(%B#P!P!P!P!P#6ZX[D:AX[LTO2K_`+4:
MXT>XU]P1I/5.WYNQG6K+".E$$G1&TO!3-F92D:X.V7(H!%DB&$ARFZ=!`>`>
M:'?W1(`$1W4U,``\1$=B\0```'RB(_7#@&T,'.PEGAHJQUJ8B[#7IV/:2T).
MP<@TEH:8BI!`CIA)Q4FP5792$>];*%4262.=-0A@,41`0'@'U>`?CD)!A$1[
MZ5E7S.,BXQFYD)*2D'*+)A'L&2)W+Q\^>.3IMVC-HW2,HJJH8I$R%$QA``$>
M`:J!O[HD(`(;J:F"`^("&Q>(!`?\P_7#@'ZV.]VD$H^91D9N/JO(R4D\;1\=
M'L=@\2NWS]^]7(V9LF31"VJ+NG;MRJ5-),A3'4.8"E`1$`X!M9P!P!P!P!P!
MP!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!
MP!P#A9W^.[C^4SJ`VN-"80T_LEFV9D<?X%A)U,7<-#R#*/(]M.29^.*<AI.'
MHC!VW,FU$Q2.Y)XT24'T3*]`*CS.^P6;=G<E6',&P.3[CEO)5I=JO)FVW69=
M3$BJ950RA6C,JQ_A8F*;>;RMV;1-!HW3`"))D*```&^V,>QUW:LQ8]B,IX\T
M0SK-4:P1C>9@)9Y#15<<S<2[2!=I(Q4%:)B&L#YF[0$#HJ)M3%6(8#$$P"`B
M!KM)V#>'0=3-NMEN:YEUV1S/2GE#S5A>^0<U6HN\U1\X:KHKRE2L;,D?(*M7
MD:DHPEVR8KH&3'T'`$,<I@-,.`7C7;.*!>W1H@4H`4I=/]<0`I0````Q'4@`
M``/``#@&[W`'`'`'`'`'`'`*8COU88S+A?NS;JL\TQTTE*7[-5MRA3)^51<`
MTMV-KO(JR](F8-ZJ'I/XQI!JI1X^F80;KLU$#`4Z1B@!T;]HE@S-E[[J]<S'
M1(N<:XHPMC3)"F8[>D@NG7097*LNZ[6:4\>B!6SJ6G[$Z;NT&G4RGI1ZB_E`
M$>O`+%#N3]S'7?M8X-@\^;),LA253L]Y9XXK\=C:ML[).OK7(0$_8F;99&1F
M8)@P8J,*VX`SA5P!2G\I>@^;@%8#WK>^IE_NL9RJ<_2(ZU8"P'B.,F87%M`C
M[<_)9)1>?<M5Y^ZY`?P;EG&N;#+IQS5!)J@"C:/;(`0BBIU%55`+4;5`[I_H
M%K@=4[E\]>:AXD,HHJ=9V\>.G&'(`3G444%1=RY<*GZB)A,<YA\>HCP"DKSC
MBS)F)\@SD/E#'%ZQI*2DG,S$5%7VH3].D)"'5FI!LC)Q[&P1\<X=QJB[=1,J
MR93)"=,Q0-U`>`;F]FL`-W6>WR!@`0_O7X<'H(`(=2VZ/$!\?T@(=0_R\`NR
M^`.`.`.`0-/>,]T.P4^*H_;&Q#858Q2\P,7E79U_%/54'J]55?J&QQBYT9`2
M&(QFW<<I-2:)C?UR"3`H@*:BA3`1#.T1VW+CW3=U\?:QP4H\JM*%L]O.9KZS
M:E=KTG%5:5:!/R#!)8IFBE@EW3UM&1A%OZH7SQ,Z@"D13@%C3W+NVSJ3I#V4
MMOJ=J!I3A:PV*D8*=$C7EEQK"Y`R*_(9]#1=OR7*VZ2CW5OFKK6:LX?323HK
MDGP[EH4R9"))@D`%4QBVI7J^Y*H%*QA&2LSD>U7*MP%$BX-%9>8>VV4EVC2`
M0CDVY3+"[-)JI^02A\T0Z_('7@%\I2&DXPI=08V9<KFR,JO`-+`Y*8#%<3C:
M):(RRY3`(@8JK\BA@']/7@'J.`.`.`.`4^7N-\-Y<@^[1O1E69Q7D:'Q?/YB
MKS6"R/)TBRQ]#FG3C&M/(BWB;<ZC$J_(KKJ,'`%*BX.8PHJ=`$2&Z`<%.`7B
M';#*!>W+HL4H`4H:FX$`"E````_5I7/``#P`.`;T<`P+M4Q>2FK^R$9'LG,D
M_D<"Y@8L8YDV5>/'[QWCVQ-VS)HT0(HNZ<NEE"D33(4QSG,!0`1'IP"C-R-A
M;,6'E(E'+>)\E8M6GDG2\&ED6C6>E*S*+$Z*;U6*3LL7&'D$VAW"953)`<$Q
M.4#=.H<`]?JH`#M#K<`@`@.>\/`("'4!`<AUT!`0'P$!#@%[[P!P!P!P!P!P
M!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P
M!P"NG]\`TLH9XT,?K%>?4Y3$>7VD:<?4^`"RHW*KK392_P#A?&&BUX\3?]KR
M`'Z.`0;HJ2<PTI&S#/T1>14@SDF@.$4W#?XEBX3=(>NW5`R2Z/JI!YB&`2F+
MU`?`>`60.H_O0]1YRD5.`V[U_P`OXHOT9#1L=8[+BEI`9$QY*R#1LFV<2D5%
MN9:LVB";.SI^H#(6[P&X&\A5U>@#P#83;;N"^W"[WF'H["6>=H*UCRQM):/D
ML>WR^U:>P]DW'DM\6D9RG7;W<JJ>L-8^<;@9L^8KO5&;DB@&,3U4TE"`8MI'
ML^NU+DZM,+CC;9_.]^J4LGZD7::7D'&5HK[\@E`WG9R\+6GL>Y\H&`1`J@].
MOCP#LYO#O_KGV%M,M8FN1ZAE[)^-X(E'UEI!:4E5Y"VBG1\<KA%R]C/.S-9C
M3>O#5(?6.B/4S@X=$P*/@!QU_G6.WC_#=MQ_](Q1^\K@&_`^YW[;<1I-2]T+
MU(Y!I263+%?JSC77US'5R=SU<G>/94866EF];@+(_A86JJ2`E(64D7[1H`F\
M@&,J'IB!Q(M?OAJ\E9%$Z-V^IE[4"+@5%W:\],8NR.6P'Z"JI'Q&-Y>+8KG2
M\?3!RX*4WAYS!XB!W/T(]RSVW]U,29)R!<;ZCJ=;,,UD]QR9CO.,S%-G#>KI
MN$V1Y^AV"-$6N1F7Q[A%O\*R;DEP772(+(/53$P'*#9'WKVLE+L\G7]8M4,E
MYNA8]X=LA?<@7&,Q'#3*28^47L/74(&Z6/X-8?%,7I6*XA_UD2CX<`VE[:WN
MTM2]V<S4[7K..)+)J?D;(LLSK=!LDM<(V]XJL5JDE@;Q%:D+.G#UB4J<G-NC
MD;LSNV2C)5RH1,SA,QR@($DO;#8RIZB:UYNV=O<//V"G8*QU9,E66$JR;%6Q
M2D166)W[QG#)R;R/CSR"R28@F"RZ2?7Y3`'`(8FR/NBNR#N%#Q,%M%VY\OYU
MCX%4ZT"7)&-<(6)[!**CU7^A95UD(96)(X'_`+PK=9,JG0/,`].`=(.SMWW^
MV;LIF^C:`Z.Z=9!UF0L<)=;5%,V]$Q12\?H#3Z^XGY1>51I-KD9)[+R#)D*9
M'"B"RAS`4#J`'3@'$KW:G=EP9GZ+L';0K%"R?%9CUCV<K%JN%TFVU:3QY,L&
M>+["BJA7EV<\\L"SI0U^:B7XADW(`(J^(_-Z@06N`6XW8:[T^O/<2IM=U2Q/
MC;+M0NFK.L>)"72?OC2IHUJ</78RO8[>A7%8*R2\DH"LLV%9/XENWZMQ#KT,
M`EX!%<]ZT8P]Q'6T!,(@74"%`H"(B!0'+N4S"!0^0`$1Z_Y^`1NNVKF3'VO.
M_NH.<\KS"]?QKB;/N.KY>)IK&O9AS&UJN3S61E'3>*C4EW\@NFV1'R))$,<Y
MN@!P"=QGWWL&I52E9")UTU0S-F9JV4.FTM5\M%<Q%"OP*(@5=K%H,;[8!0.`
M=0!PBU4`!\2]?#@&(\2^][QG)V=BPS?HI<JE4G3M!%[8\;9?B;I+Q+514I%G
MGU9L-.IR,H#9,?.*9)!$Y@`0+U'H`@2YF6_FO-IT6F^X9C&>>Y1U^B<-6K-C
M=W56J:=BDX&FQ,C)3]?+$RZ\=]&VZ,<Q+ABX9.SHF;O4C)G$.G7@$;LOO5>W
M2/3S:Z[=EZ].H?06*!$/Z0\,G]!Z<`KYNX!MI8MZ=S-B=KK(20:K9ER5.62#
MB)-P#EU6Z6BH2*HM7.<BBB!?JY4(]DS$$Q%/S(B)>H#U$#MK[=?O`Z9]H\-C
M;3GC%6:\@Y:S:[H=5K4KC*)ICZ,K^/JU]*2+]@Z<66V5]X1[-V65255323.F
M*;!$1,)O``)O'<Y]P[J9VQ,H8\PSG##><<@265\/0^6H]S08RB/H1&M621EX
M=*'ER6:W0JRD@)HI7UB$241%,P!YAZB'`(^N)_<-^WGP5FE_L5A[M57['>:G
MZSYR.0*QBS"4?+QSJ3$XR3NOH%R.:,K#Q^"I@66C4&JBA3F`QA`1`0)HW;_W
M9QWW$-4\:;;XJK-OJ%&R>:T%AJ_>T8EO:&(U2US51??2*4))R\8`+OX111(4
MW!^J1BB/0>H`!\O>7N-:>=N;'"62]L\Q0>.V$E\0G5*JB1:=R%>WK8OF68TJ
MDQ95YN;42Z@"JX)D9MNH"NLD`@/`(GF9/>[81B)EXPP-I!DB\PS=RJDUL>3<
MH5['RK]`AC%(Y3KM>KE\5;)K``&*"CT#@`_.*4?#@'^6(?>\86E9AFQSGHWD
M>EPR[E))U8,:95KU]78-SG*4[DU=L59HAG142B)A*1\!Q`.A0$?#@$M'1KN&
M:D]QG%0Y=U.RO%Y!@F*Z#"U5]9)6%O=!EW"/KI0UXITAZ<M`/%D@$R*ABG:N
MBE,9NLJ4!,`'!?WD1A#M*5PH"(%-MMB`1`!'H/2H93Z=0^0>G7@%6-P"\1[8
MG^'-HO\`\IV!/[-*YP#F5W0/<HZ']M.ZRN%UR6?9#8:"\B=DQ=B9W$(QE%=J
M$]0D;D&^RBIX>`F0(8ICQ[9&1?H%,'K(I"(`('$VB>^"HKJX(MLEZ"VJ#H2S
MD$UY:E9MBK+:X]J94`^)+!3=#K$3**II#U%+X]J`B'0#\`Y@>Z6[A^J?<C@N
MWIFK5/)3:ZU]E4\[QENK$@@>%OF.K`XE\;+D@KS4W1S/(5\X12,=!4HJM'B9
M!.W65('FX!&0U3_XHM;?]_F'O[0Z[P"]\X`X`X`X`X`X`X`X`X`X`X`X`X`X
M`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X`X!Q^[U/:<H_=PU-
M4PV^GFE$S%CR:7OF!,E/&RSMA6[D://'R$%9&[4!=N:7<X[RMI$J(&6042;N
MDRJ';%2.!5/;E]ISN":%6*5AMC]9\C5R"CG3E!KDVN0CVZ8EG&[=3R$D(G(=
M;0?U\&[D@@<B3M1J\*4>BB*9@$H`<ZA`0$0$!`0'H(#X"`A\H"'Z!#@'\X!T
M3[<W="VR[8^:('*FO&09AO6PEF2V1,-R\D]<XORI7B+$"2@[17#*'9)/7#3S
M%:RC=-.18+>51)3H!B'`L4.[_JE<O<&]KK4/*6G=RQ]4J]*3,9LTL?*DA-L2
MMJ^?&=LAIBH%6K\%-'&U5VR/U&+DITDT`6:*_.#H'`*J)PB9LX7;G$!.@LJB
M82]?*)DCF(82]0`>@B7PX!VH[0_8]V7[PSC*\AB:^X\Q7CW"@5^+LUYR0I.O
M4'%CM)9-_#5>NP5>9/9!ZX^#CG#ITJ<4&[8AB=3&45*40-'NX!HWE[MS;59)
MU+S<ZKDI=L>'A71+#4';I[6+17;/#,K!7+%"JOVK&12;246_()T7""2Z"Q3I
MF+U+U$#SFDFH63M\MI</:F8><03&_9BL2\+%RUG<N6==@F,9$2-BL$_-+LFK
MU[\!"5^(=.3D01565]("$*)C!P#IUW>NP)LKVA*5B[*&2,GXRS'C3)UG=T9"
MR8_;V*)>5RYH1+F=;1$W"6)FBJ+65BH]THV=(+*D$S8Y%"IF$GG`X3,'SV+?
M,Y..=+L9".=MWS!ZU5.BY9O6BQ'#5TW6(('27;KIE.0P"`E,`"'`+K3/^'LC
M;W=HNW89K<U!L,I;1:3PE>83]K7>MX!"W9&Q?#KJ2,VXCF<@^29#(/SG4,D@
MJ<`'P*/`*@+?32[)';XVFR7J7EN>J%FOV+C5LLY-45W)O:P[&SU:&MC'Z.<R
M\9$2!Q183:1%04;I^54I@#J``(@=C/::_P"--@[_`'7Y[_LQFN`;,>Z0[3V>
M\";'9T[EELN6,9'#&S&PU>JM)JD))6!7(46^>8R%9)>P,'<`TA46Q24)V!A0
M>KF`5$O#YP^4"(SP"SE]L1V7]DNWA:KOM/EV]8DL]"VCUEQNK1XFB2ME?62)
M&Q24#D-F%B0EZW$1[?T8=P"2GH+K_P#F/`.I0\W`.'GO6?\`$2UN_P"4&$_M
M<REP");A/#]YV#S!C#!F,HU*7R%EV]U?'5,CEW!6C9U8[=,-(2**\>'`Q&;(
MCIX4RZQ@$$DBF,(#TX!*3WR]I-L1I3ICD/:]EL_CC,,OANJ!=\H8RAZ)8*N#
M>M,CM_K(]IMKD9N1^L*M=;K&<&2=1\:9RV1.8GE4`J1@(CG`+)+VXN,\@;,>
MW2V^UUIK^.-:LA6W:;%F/"V-ZNR@HR5O>-*P@R2?/$6[Q9C%&G9DZZQDTE!*
M*AS`41$>H$5C?_VZN]7;9UQF=G]C;9KN3'\19JM4$HZF9$GIVU3-AMKXS2.C
MX6*>TJ';/%44$%W2_5P3R-6RIPZ^7IP#@IP"3GKY[4'NCYXQ#A_/59=:[U^K
MY7I50R9786Y9(L,3:F%>M<<SGX9.>BVM$D&[&24BW:2AT2.%0)Y_+YNO7@':
M+W6W:BV:RVC7]^ZS)XQ1PAJCJ11Z3DME*6:3:W=S-1MY?M7)JS"IP#AC)LS*
MVQKY#J.VYA`#_-\`Z@5]7`+:GV\F5ZK@CV]F$\V7EP+6FXDH6RF1[.N4Q2J%
M@Z9D_)]@DBHB?YGKJM6!BI@/@)S`'`*R/?O>+-/</VAR7L[F^>?24Y=)IX%7
MKBCM9:$QW1&SI8*K0:NT.<R+"&KT88B8^F!1<N15<*^9990Q@.]GM^_;I5[N
MHXXN>SVQV3+ECC7VN75YCNFU['*<.C=,CVB%8Q\A9GRDY.LI9C7JQ!$EF[<#
M$9+N'CLRA2F2*B85`/P^X;]OIC_M04O$^PNN>2+Y>L'Y%NRV,K+7<E?0[ZT4
M6Z*P<A8J\X:V""C(5I,0%AC8-^42JM$UVKAN`>=0JI03`Y<]E'?^[]NON$8,
MR_"3;]KCFW6R#Q;G6MD=J)1-HQ7=I=G$3*DFT$WPSAW4G#E*88*&+YT73(`*
M(%.<#`3T/>/G(KVDJPHF<JB:FVF'SIJ$,!B'(>G92,4Y#%$0,4Q1Z@(>`AP"
MK*X!;OY.W'E-"_;AX]V7K+I!G?*EH?@:O8S<+@!B-LD9`H]-H]-D"ICX+'AI
MB?3?>0>H&!L("'3KP"HUG9R9L\W,66QRC^<L%AE)"<G9J5=+/I28F)5VJ_DY
M22>N3J.'C]^]7.JLJH8QU%#B8PB(CP#L)VUNQ!O[W2:E/Y,P!4JA5</U^5<U
MXV5\M6-Q4ZG/V5DF51_`5))A%3DY9'D7ZJ8/%4&GP;4R@$.L"O5/@&IF_?;F
MVO[:68D<*[78^)4IZ6BQGZ=98221L5#R!7B+?"JS=,L[4B:,BW:._P"I<H+)
MMWK17H5=!/S$\P&%=4_^*+6W_?YA[^T.N\`O?.`.`.`.`.`.`.`.`.`.`.`.
M`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`<=^]-W84>
MT%KECK/Z^$ELZDOV8XW$WU91O2=!&+&1I]OM?TX:54K%J^**E]5?0]`&Y!$5
M_-YP`O00(S(>^#KSPQ&DMVY7RL6Y431DDPV+8O#&8**%(\`C1SAQ)NZ4^'$W
ME34.0AS=`,8H"(@!)RQ+@SLY]V#!=2V&I^M>I>>*3?XEM(N)17%&/TKO6YAR
MB"DE5[LI%QC2SUFYP+LQT739PJ19-4@G3,9,Q%#`1A/<B]@KMT:G:6VO<W5Z
M-2UIO]+N--C%<:!<)^;HF5FMMG&T`ZK]7@K7+3$E!VR,(^&32^`6^%,S9."J
M(%`063`K_N`6WGMMF]B3[!^!BSI'7]?6]BU8`JX*")H!7)61@C_A@,'46YU0
M5\GE\!_1P"I2E?\`2DE_\>\_^84X!8N^R"`?[MN]H]!Z#G#%0`/Z.H4.=Z@`
M_)U`!#@$>SW:G^-)F7_=)@+^SB,X!AWVP93&[W&F@%*)A!?,QA`H"(@4N!LF
M&,8>GZ"E`1$?T!P"7![U?_#OUQ_YMX?^RK)7`*RC@%[7IV`AJ-JR`@("&N6$
M`$!\!`0QE6.H"'Z!#@%49[GLIB][+<0#%$HBMB$P`8!#J4V%<?F*8.OR@8!Z
M@/Z0X!E?VF91-WI\']`$>F+L^&'H`CT`,8S741Z?(`<`E1^]+_PT<%_\X5._
MLJRUP"L-X!>@:#3,/.:/Z>/H65CI=DOJ]@91%W&O6SYNJ0,7U=,QB+-E%""!
M5""4WC\TP"4>@@(<`KX_>M%,7N(ZV&$I@*?4"%$@B`@!@#+V4RB)1'P,`&`0
M\/TAP#@7V9RF/W6^WP4A3&,;:_#H%*4!$PB-M8>``'41$>`6RG>=_P`*'N#?
M\JN7/_QAYP"D[X!:4>S6*8.U/<C"4P%-M=D\"F$!\IA+4<<^8`'Y!$OF#K_1
MUX!SI][ALVDA"Z9Z>Q,BJ#E^_NFPMWCT5R`B#-BB&/\`'XO$2F\YC+.7<^=,
M#``!Z77Q'IT`A$:7:_3&UFVNN.N$$V,Z?9GS)0:$J0OG#T8F<L+%"??',3YQ
M$8V!!RX4,'3RD2$>H=.O`+T2NP$35*_!5:!9HQT%6H:,@(6/;E`C=A$P[)".
MCF:!`\"(M6;8A"A^@I0X!QT]Q(`CV6=_>@"/_P"I8,?#Q\`R911$?\P!P"FK
MX!9=Z1UNR6GV<V2H*K-W3B<>ZL;?.&C9J!_B'32/R5DN1E$4`('F4]:+9."=
M`_ZWB'`*T3@$@;MC]F[NI]P'71_F;2W-=2J6)X3(MCH3^LR>Q5XQS(Q]NB8Z
M"F)1PM5*Y$2+%LB_8SS51-P8Q3N/$>GS>O`-Z;=[5'OL7Z-1A+YES#ETATWA
M'S>(MVTF0;'&IR"22R:;Q%A,TUXU(\2054*50I/.4AC``]!'@'@&?L]>\`R=
MM7B+C58JS1P@Y2,&:YL!*J@J55,P"&.@'J!R!P"2Q[MZ(FH+LJ8BA+"9)6>A
M-A=>8F>5;*F<MC3,?C7(S.2,BY,1,5D3O4%!(<2E$Y?'H'R<`J]^`68_>-J]
MAL/M1,#K0K1RX3J^&M#[1/IHD.)DJ^W0HT>NZ5*`=?AV[N6;J&$?`"AYOD#@
M%9QP"U[]K3N[J]E'M=81UYK-ZI55S7KLC;JKD[&,I,P\):%U92[62U1]_CHI
MTX;NYROV6/FR&4?(E5*D\3515$IBE\P'![WF.[NLN;;%JSJ_B*Y53)F5<)3>
M1+KE&P4^2C+!&41K;HNNQ$10GL_&+.6XV*15B3OGK$BAC,R((>L!5%`*`$.+
M5(!':/6P``1$<^X=```.HB(Y$KH```'B(B/`+WO@#@#@#@#@#@#@#@#@#@#@
M#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@#@$.CWJI3?
MEOZ\&Z#Y0W'K!1-T'R@8V'LP"4HC\@"8""(!^GH/]'`*TR@46T9/O5-QM2(P
MTU<\@6F`I=2AB+MVQY:RV>4:PL%&)N':J#5%1_)O4DBF4.0@&.`F$`\>`9L9
MVS;W1?*5OI47:\\ZKY<JTLY@+O7(:Q77%5J8R<6LJV683S",>Q#AT5!4IO3]
M4%$CE$#IB)1`P@>1S%LIL-L,[8OL\9RRUF1S%F.>+/DW(5JNQ8PZI?(J>-1L
M4K((QYU2^!Q1*03!\O7@&U_;<[7>U7<\SC7,38"HDS]5#2S$N2\T2L0_3QEB
MBL'7`9.=LM@](C%>239D4%C%(*F?R+@`32(!?.H0";][FZ"LW;<[1^A>!M2<
MF9*Q#6<797K&'$IBA7">IDW9ZW$X<NQ7OUG?5R08JR)[++-E)%XDH<R2KM0Y
M^@\`K:#&,<QCG,)CG,)C&,(B8QC#U,8PCXB(B/B/`.U?8#S7F2C=TK2#&E)R
MKD6HX\R+L[CDF0*+6;C8(2HW=)-5RT!.V5V-?MXFP)%9JG3Z.TE0!,PA\G`-
MK?=J@(=Z3,G4!#KB/`0AU#IU#]7$9XA_2'AP".SC[(^0,36V+ON+KO;,=7B#
M^+^AKA2+!*U:S1/Q[-Q'/?HV<A73*29?%Q[M5!7TU"^=)0Q!ZE,("!.L]P-8
MK-<?;C]H>VW&<F[1:+$]UVFK%9;'(/)><G)B5UJN#UW*S$L_47>2$C(K',JH
MLJ<RBIA$PB/R\`@/\`G!]E39?8^S=BOOC6ZP9XS'.VC$.*8]OBFQRN1K=(S6
M-6\7B2V'9HT24=2JSVII,BL41(5B=`J8(D$`#RAP"%AD'(^0<M6R4ON4KO;,
MC7>;^%^F;?=[!*VBS2OP31!@S^D9R:=/9)Y\*R;)HI^HH;R)$*4.@``<`_1C
M;*62\-VII>L29`N>,;JP;/6;*W4&S3%1LC-I)-SM)!LVFX%XQD4$'S50R:I"
MJ`50@B4P"'`+%CO2X&SSMM[9[1B_5-A<LLWC%-"U3S[DT0+*6N[3M8<X/D*_
M;[F\.<7<Q-+QCFXI24@N/JJ_"E6<'$2D.8`*VTY#)F,0Y3$.0PD.0X"4Q#%$
M0,4Q1`!*8HAT$!\0'@$U+V:MGM3K.N^48I8;"XCH+4%):"C3R\DLQAW7UW0,
MDM%,C.#-F#@#]1*9(A3`(CT^4>`1$<Z9LS'G&[.;!FG*N1,M3T*+Z`B)K)%R
ML%UE8R$0E7SM*(8/[$_D'+2-3=NU52H)F*D"BAC`7J8>`8XJMKL]&L<)<:78
M9JIVRM2368KUFKDF\A9Z"EF2@+,Y.(EHY9N^CG[54H&352.10A@Z@(#P"RXT
MYR1DG+OM(<^WO*MZN>2[M,:\;@A)6^]V&8MEEDF\=:[LS:%=S<VZ>R+M!@T;
M`DGYU#`FFGY0Z`'`*RC@$AWVT6=LX0?==TSPG`Y>R;$8>LN1;S)V/%45=K(R
MQ[/OC8JN"ZSV9IS613@))P)XQN<RBK<QNK<@B/S`Z`8Q]QYM67;'NZ[1S\9(
M$?T[#\Y'Z\TDZ*YEFOT9B1L:#L#AN/7R`G(7P\NX#R@'4JH=?'@'0;V>&IA\
MU]R6S;$S$7\74M2\4S-@:.UVIU6B>2LH$=T6H(D7$!1(]1KJDZ[3`?G`+8#!
MTZ>(%I'P"MP]YCG#-=3W4Q-B&MY8R57<2WG5.`>6W&D/=+'%T&UN`R=>2F=S
MM3:2",%,K">,0`3KH*#U;D\?F!T`A+<`EQ^T?RME7('<+6UGNF2\A6C7=;5?
M/B"V$)BY6-]BL$9E]5T9,Q*,M(FKK<[WZ;=>=0C<AQ,Z4'KU.(B!HYWK^Q'L
M;VR,U7.VTVC6O)6F%HL+^6Q?F"N0[^;8TJ)E'2[MCC_*:D>@X&K6.OIF%JB[
M=>DSEDDBK(']0RB"0&E_;L[N6\7:ZF+<\U0R7'PU;OYF3B[8XNM>97/'ECDH
MU,R$=-N8%Z=!Q'3S-LH9$KQ@Y:.#HCZ:ACD*4I0,A;R=\CN3=P&>ILMF?/LK
M4HS'KM:3IE/P>1YB.L0<VX2,W6L`$K4B6<E)T6QQ2(Y?/G)VZ9C%1],#G`P$
MCWVWJ_?JVQS+1[Y9]K]DZEH-CZ5;2-ZLV:$R7F,RPVC%$UOU88K6RE#S<C)+
MS)_*E(RT>L5"):F.;U?BA12,!Q2]Q]G[.UA[J^\.$+#F/*,UARL9CK;^MXIE
M[U9G^/(%VAC.HK-'<-37<DK7XU=$TJX,F=%N0Q?B%!`?GFZ@1_>`3GO:N1-Q
M[A.&.YSIULOE7)^1L+V?7C%>+(&NVRYV&T1&.8R;5OL7'O:-$34DZCJ^Z@5(
M]HX:D;E2(!V*0=/*3IP"*9W"NWCL=VU]A[;@#82GRD:>-DGRE!R$C%OD:/EF
MFD=*IQ%TI$PLE\(_9/VQ"BX;%4,XCW/G;KE*H0>H&C;9TY9K%<,W*[5<@&`J
M[991!8H&*)3`51(Q3@!BB(#T'Q#@&8YO7;-]<P?5]D[)C:TP.$;U>)''=)R)
M-QRL;!W*W0\3].34?6%7OHKSJ,0P,47+IN11JDJ<$A4]7J0`,11LE(0TBPEX
ME\[C)6*>M9*,DF#A5H^CY!BNFZ9/F3M`Y%VSMHY2*HFH0P'(<H"`@(<`MB?:
M>9=ROFWM5+7;,F2KYE6X&V9S#%!:<BVN<N5@^BF,10CLXTLQ8'K]^#!HJY5,
MFEZGID,H80`/,/`),7`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'`'
M`'`'`'`'`'`'`'`'`'`'`'`'`'`'`.3V5>R!VRLYG=#F;7^UY4;N[`\M1HN_
M[,;76N!;6)\9V+B6C*[,YQ>040[\C]9,@M&Z()(JF3(!4Q$O`,11_MP.RI$O
MV4K$Z-5B*E8QVVD(V3C,M[#1\E'/V:Q'#-_'OVF7473)ZT<)E4262.51-0H&
M*("`#P#T5]]OCVA\IRYK#DW4Q?(EC.W2:&LE[V!V@N-B%HW#H@U^G+)FJ3DQ
M;H`/0A!5\A0^0`X!CQK[9KLB-E3J_P!QR`<>8WF!-UEW8!5(GR_-(0,K$^;X
M_(/7@&>*7V.NV7C6$"LXWP3?,=5LKA1V%=H.UNX-+@0=J]/5=?0U:SW%QOQ*
MO3YRGI><WZ1X!^*^=B;M<95CF</E/7FW9/AXY[])1T3D?:+;F]Q<?(^BHV^D
M&,=:L[RS-F_^&6.GZR9"J>F<Q?-Y1$!`Q5_+8=D7^`NE?M0S]^]G@'V*_P"W
M2[,U2FXRRU/2J&JMEA':4A"V.M9GV/@)^&D$!\R#^)FHG,+.3C'J!O$BR"I%
M"#\@AP#Z5R]O5V?LCSR]IR+J"GD&T.T6S=U9KWGC9NXV-TW9I%09MW,[8\T2
M4JN@T0*!$B'5$J9``I0``Z<`\K_+8=D7^`NE?M0S]^]G@&0[#V#>U!;ZI!4.
MVZPS-KHM6^%"K4BS[(;66"G5D&+0[!D%<JTOG%Y!07P3!0R"/PK=+TD3"F7H
M01#@&//Y;#LB_P`!=*_:AG[][/`/;P'M_.T?4ZY9:=5-4G=6I]T1!O<ZE6MA
M=I(&K7!N"1VX-[778G-C2'LB`(*F(!'J*Y0(82].@B'`/$?RV'9%_@+I7[4,
M_?O9X`_EL.R+_`72OVH9^_>SP#/43V7.W9`0S"N0.*<M0==BHY"'BJ]#;C;I
MQ<#&0[9N#1M$1T,QV%;QK&+;M"@DFV22(B1(`(4H%\.`8,=>VZ[)SYPN\>Z*
M5%X[<JG7<NG65M@G#EPNJ83JK.%ULMG5664.81,8PB8PCU$>`>RHW8`[2>+W
M,D]QCJJ]QL]FF`Q<R\Q[L/M+2'<Q%B?U!C)9S6,VQ2TE'"H'F]!<QTO-X^7K
MP#PYO;9=D8QA,;0VEF,81,8QLHY_,8QA'J)C&'+(B)A'Y1'@'\_EL.R+_`72
MOVH9^_>SP#*49V(^UK"TAQC*&UUM</C-XW?LWF-XG9_;>-Q^[9RJAUI1HZI3
M+.R%9<-9-94QW*9VIB+F,(G`PB/`,6_RV'9%_@+I7[4,_?O9X!JUNUVB>R=V
MY]3<_;H1>G\+0;+@G&=GLU(L%9SCL;5K$-^>QRL!1H>%FHK,L?)M7M@M4LT8
M]$%2G,FN8.@E$P<`J@I*0>R\B_E9)TY>R,F]=2#]Z\<N'CMV]>KJ.73IT[=J
MKNW3EPNJ8YU%3G4.81,8PB(CP"RD]M1V7=?YKMMU/8;9&E9#<Y(V6M4YD"$4
MJV=\^X>^&Q/&+#7,>MWT;A[)E!8RH2?P#Z6;K/4G"P-Y,GD.4@].`2#/R=]!
M_L'G'[[.\/XC.`8HO?M_>TAE.4;SF4=4G>39QFR)&LYK(NPNTEYF&D:FJJNG
M'-92TYMEGS=@FNN<Y42*%3`YS&`O4PB('B/Y;#LB_P`!=*_:AG[][/`/7TCV
M^7:%QE-_6;&FI!L<64&;B/"QX_S[L]2K`$>[],7;`)JLYJBY,&3L4B>JEZOI
MJ>4/,`]`X!E*2[,O;UFHY]#36,<P3,/*-E&<G$2^Y>ZTI%2314HE5:2$:_V'
M<,GK54HB!DU2'(8/E#@&N;SVTO9%>`;S:*U=`QNO51KEC8!$_4>O4W7];!@$
MW4?TAP#_`#8>VA[(K``Z:,5IT8OB"CW+6P"Y^O7J`^&5R%`2_H\.`;(1O9E[
M>L+',8:%QEF&&AXMLFRC(B(W+W7BXJ-9HE`J+2.C6.P[=DQ:HE#H5-(A"%#P
M``X!ANS>W9[-MVGI*U733&,N5IF5P<S-FMN;-DK+8Y=R5)-`KF5G9O,;Z5D7
M!4$B$`ZRIS`0A2]>@`'`/A?RV'9%_@+I7[4,_?O9X!D.@=@[M08G6DG&*=89
MG%KB:2;H3+C&NR&UE"7F$69U%&B,JM4\XQ"DDBT46.9(JPG*F8YA*`"(]0/V
MY`[$':RRRR8QN5=<[3D^/BEEG,4RR/L[MK>VL2Y<$!-=S%M[7G661CG*R8`4
MYT2D,8`Z"(AP##3?VS?9$;N3N/[C=?7\P@(-W&7=@%6Q.GZ")CE8!Z#_`)1'
M@&3[#V`>TG;ZY7:;;=57MJIU/*8E0J-EV&VEGZK4RJ)@BH6KUR6S:[AJ\51$
M`(8&:"/F*'0?#@'A?Y;#LB_P%TK]J&?OWL\`R]2.QKVQL90HUK&>!KSC>MB\
M7DAKN/\`:O<"E0`R+HB2;J0&%K.>XN-%\Y(@F51;TO44`A0,80*'0#V'Y.^@
M_P!@\X_?9WA_$9P!^3OH/]@\X_?9WA_$9P!^3OH/]@\X_?9WA_$9P!^3OH/]
M@\X_?9WA_$9P!^3OH/\`8/./WV=X?Q&<`?D[Z#_8/./WV=X?Q&<`?D[Z#_8/
M./WV=X?Q&<`?D[Z#_8/./WV=X?Q&<`?D[Z#_`&#SC]]G>'\1G`'Y.^@_V#SC
M]]G>'\1G`'Y.^@_V#SC]]G>'\1G`'Y.^@_V#SC]]G>'\1G`'Y.^@_P!@\X_?
M9WA_$9P!^3OH/]@\X_?9WA_$9P!^3OH/]@\X_?9WA_$9P!^3OH/]@\X_?9WA
M_$9P!^3OH/\`8/./WV=X?Q&<`?D[Z#_8/./WV=X?Q&<`?D[Z#_8/./WV=X?Q
M&<`?D[Z#_8/./WV=X?Q&<`?D[Z#_`&#SC]]G>'\1G`'Y.^@_V#SC]]G>'\1G
M`'Y.^@_V#SC]]G>'\1G`'Y.^@_V#SC]]G>'\1G`'Y.^@_P!@\X_?9WA_$9P!
M^3OH/]@\X_?9WA_$9P!^3OH/]@\X_?9WA_$9P!^3OH/]@\X_?9WA_$9P!^3O
MH/\`8/./WV=X?Q&<`?D[Z#_8/./WV=X?Q&<`?D[Z#_8/./WV=X?Q&<`?D[Z#
M_8/./WV=X?Q&<`?D[Z#_`&#SC]]G>'\1G`'Y.^@_V#SC]]G>'\1G`-@->-%]
M;-6+--V_"M<R)"SUB@OJW++W#8+8;+K!:(^/:2?I-H3,&5+Y!QKL'C%,0=-F
MR+L"`9/U/3.<I@-N^`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`.`
M<4>X7W^.WWVS,WQNOFR$YDYSDF0Q_&Y%4C<:T9&Y-8B*FI"380T=..33L4:-
MF90L2HX22,0Q?AC)J&,4#EZ@0(>_=[AFR]UY*O8%PE3[+B#4:EV`EI<0]I>,
MC7K+UP8%6;PM@NK6'<O(J&@J\@NH>.BDG#OHX6,X75,H5$B`',WM&]MO(_=#
MW/QQKS5&$HUQZUD&=NSS?6C946&/\21+U`]B?K/@`&[>=GTP^C8=$QO.O(.2
M"`"FFJ8@%TA0*)5,7T:G8VHD,TKE)H%7@:94H!@3TV<-6ZU&-8>%C&Q?E])E
M'LTTP$>HCY>HB(B(\`]=P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!P!
MP!P!P!P"./MKM%F5GW(\KZ_O>XM&:,89J>%*#=JW(S]`Q;:XR9MLLE!I/X%J
MO=6S!X#Q\A).'HC\:KY2MA*5,"]1#G;;-GS#.QK6`?L+<'AHJ44C%?%`]KI'
M>/+461$7E457?M+^'HA]E?C]T7UO8^%^`[;K=.3]I=DY#9K]*S'!?RE62&I$
MLZQSN;2=(SP8Z..'_!;RLB*YZKZ+DO*VU&P>(,#ZI8@P/M74MML\;O9OL%*Q
MAM--T>HQ%1JE(AY"*B;7,-*G4E)&N3;BFRCD$2&5*N7YSD5$E#HIIFDLKM&P
M8C!8K$8+*Q9;.YNZ^.&ZZ*-L;(VJUKW)''RQRQN7CUY_O<HJHB%)T+H?J'L3
MM;?NP^UM"R'7W576&KU[N3U>&[;FMVKLT<LM6%UJVD=B%MR)JO5&JQ?2%&2,
M;(]Z?S+][WD[:-PP!DK,.UX[>ZZY7RW5<-9<A;?BFGX^M%`E[BE(*Q]SI,G4
MU55EF#5./<JG:.%!1Z-RH"03+E7;LO>W?K:Y0R67ROYOKUJVRO.V2".)\3I.
M>)(W1_H3A5\57CT1O'U>3?[UWJOQ<^:^N[;I776@_P"7G<>`UZUF,3-4REN_
M6OQ4UC22G=BM(B)(Y9(VI+&WS_>.E\D2)8IL!779_.%QWCW:Q/:^Z?6M'<?X
M5N-,CL75ZWT3"4RC9F5@KBSZ:;13R\&@))<E=<,DCK#Z[Q0?CR@/D`"@,#=V
M;-W-WS6*M;1'A,?2FC2!DD59WFCV*KD:LOBJ^"HBKZN7ZD_`UG6NCNK]<^+O
M6._X#H>[VAMVS8ZY)D[%2]FH5K/KV&LA=*RE[\;5L->YK/HA;^X=QY*J\=$>
MTCLYG+9K"V5I+-5AC,FEQKG&X8SQ]GB#JB=+ALVTNOI,?A+@Q@V[5BQ`IEU3
M?US=%),R:I$E`%PBN<VA=3[+F]EPUJ3-2-LI6O20Q6FL]MMF-G'$B-1$3\?T
MHB)PJ(OU(Y5X]_J"](=7=(]EX"EUG3GPCLUJ]3)9#!3VEN386Y85_G4?.YSW
M_LHGT2/<Y'-=(Q4ADB:W`&:=M-AJOMUW.L<P.2'L?2L$:`.<PXF@BPE861I^
M2$Z77Y0EG;.G,(L_DEP?O55/0>JN6@^;IZ70`#D!F=KV"KMNS8Z"RYM*C@%L
M0-\6+[<WML=YHJMY5>55>'*K?U&M]:?'[I_._'KH_<LKA8IMEVOMMN(RLZS6
M6K;QRW+$2UG-;,D<;?;8UOG"R.7TY\^5533S7ON9;3N.W3M/(9)OR]EVVK%B
MP9&89LIX"JLI)Q&;;0E15Q,NUAV,"QK\@XA?4F'I3*,E2F%$$U`.!0#E0U_L
MK:'=>923)3K)MD4E9M=_BQ%5M]L?L*C4:C%5O[QWJU?PX7G@Z*[>^$G1$/S'
MT.GI>)92^/MZGFY<Q62>T^-LFJ3VTRK73/G?8C;-Q4A5&S,5//S9XJ[D\-/[
MT[_+=MC!MWK^<I#^\G>M\;+KT^N*=5H"BLO%(0EI;15:+'*5!2#20&PL4!(L
MFS(Y'R@`G$!$!\,^\;Z[KBC=KWG?S'/G7U%D\(OJ:C7HUG'M^/'FB>J-Y_66
MG$_%GXE1?-/:=8R^K0_Y+8KJFML#*:VKZ)%*Z:JZ6S[B6TG5WV[Y.6.F6-.5
M5&HJ(J>HW/[I&S#S3?2*Y:W9&4I^4[WA*W9CS_96$%4Y)5!GC)S!XKL*1X^>
M@9>/8(SF5W,B4A46Z(D5;$(!@+U*/JW+L_97Z?A+FN6%ARD]*2Q:>C8UX2%6
MP/\`1S7(B.G5_P"")PJ(GZB#^-GP5Z2K?(_L_6^Y\,W(Z)BMGJ8?`UGSVHT<
M_)-GRE=4D@GBDD=!BFUU57R/1S9'.5%7AQE7;?<#.,)MSKYB-_OH33'%-RTG
MH66[-?)'&^/KLPD\ER4I8FSA,[2PQ!%D'=B1;$Z%2<I()`V'R)=3#UE=LV[-
MP[;C\3)G?R;%386*=\JPQ2(LRN>B^CV^BOX_0Y$3Q]$*%\??CMU?D_CWM_85
M3JA>R=]QO9M_$UJ,>1OTI(\;'%7<U4?7E5',KJY?5T;I'+(GD_A$X]S=]C\J
MXT[=6Z.=<2]RM#<:ZTE?$C.HY`AL48YIWZHI)[D"O1D]'%C8YG*Q,ZM;(&Q@
M`B]0.#<J`"ET,81#VW=BRF-Z\S.<Q.R)F+L"P)'*V"&/V%65C7)PB.:[W&O_
M`+R+QQZ>I5]8Z9T+=?F+UKU9V!TJ_KC6<FW+/MT)LKD;GYM&RA8E@D621\4L
M"5)Z_HD+V^XK^'_2B(OS,IY4[A.AV&\)[H7[;]IM/A2QR6*"YDQ!<,*T.@2L
M+6<ELFJZTG4+94/_`#J\G$.'Q4$A4]!,RQDU%$E4P.ES\\IE.P-%P]+<K^73
M*861T'W%>2O%$YK)D1?*.2/U5S57A.>$YX545.4/;H>A_$+Y6=C[/\:]3Z[D
MT/LRG#E?R?+U,S>OQ36<:]S4CMU;?T-BF:Q7N\?-R,1[&2,?XO-W-=MB,LWC
MN<[T81L5X6EL-8LQO@NR8WJBD;!M65=<7&GUV8FI!&4;1C::>?2:T@HJ8';E
M8A//T(!0``"ZZ]L.5O=EYS"6)U?AZM:L^%G#41BR1L<Y?)&HY>>57ZE7C]'!
MS%W%T]H&K_"#JSL_#XMM?LC/9K-U\C:22=S[#:=NQ##&L3I70L]M(VM3VHV*
M[CERN55-!,#=S#8FV;\P-SN4\F?M];(YOROJ[@-`\97T&<9=<=L:JWJ=S3E4
M(I"?53R%.N"H(@Y?KH'4D'A2IE^"+TH6"[)V&UOD=RY)_P#`,C=GI54\6(B2
M1(Q&2>2-1_[UR\)RY4Y<]./H0ZS[6^$W3V`^)UO6M;J*GRZTO5\5L^=<DMAS
MY*60?:=:IK$Z5T"+CX&J]_MP,>C8*SE>OW+N<S=W::W;UDHUSVGPUNW8ZA27
M5SQO4X+`[?#>,9&,KI9]!A7I-\E?)UI+3D@9Q)M5I`4UFW@9P*13%(0H\F>V
MIMUUJC-M&'S4D-)9H8VU4KPJUGDB,<ONN1SEY<BOX5/T\<\(9M_3TQGQC[OV
MG&]$=D=8TLCL\>-R-N?.NS&2CDL+`Y]B)BT8'Q01^,3F5_)DGJD:2*U7.5#R
M^^=LW6T3U)J,]*[[3UZNF1=I\65-;+TIA?%]4/CW&\U3KN:RQ@5UJRG(>89`
M^CD)%1=0B3DOPOID,4IC=?+O5O=-&U.&>7/23W;&4@C^X=7A9[4+HY/-O@B.
M:Y.41ZJO"_3PB\*I._%+`?&;Y4?(+(XJAU/4Q6M8;1,I:3$Q9G)VDR&1AN4O
MMI/N'/@FA?X2/KM8U71K[OFYJN:WC)^EN37MVV&J,2T[S,-MVBW86>1?X'C\
M'8SIZ]M8MZ_((_%FL4`H,LP3KKMRC(#Z/BK\-Y#?,,;DGIN3?=V"*)FXLRR(
MUZK52M#&LB(Q?7S9]2>"JC_3\>./PY*-\EM(JZQT_D,A8^-MGKR1\M:./.R9
MO)6VU'NL1KX?;SI[4BV&-?73S_9]SR3ZD:9-[R6PF8==<#X4G\-9=-A"6NVS
M>/L<6K((PU7G&\+2K%7KJO-/7C2VQ\A%%9QBL<B\4./HF\K;IZI"B;DGW#L&
M7U[!4I\/;^REGR<4+Y?%CD;&]DBN54D16\)PCE_#\/Q1.2D_TX.H>NNXNUMF
MQ/9&O)M%#&:1?R-7'^]9@=-=KV*386,?4DCE5\B2/A:GUIS)SX.<C32O'.VN
M?\=;FZI8DQ]W%*-W)*1G2T35?RE3ZQC/&D5)8NK4>V:G/?C67&#J4(R0C6SM
M5X)'+E,IDX]4IDE`4*=*F8[;,_CMQQ6)Q^PP;'2O2N9/&R&%JPL1$_>^<*NX
M1$57<*J>C%3A>>4Z6W+X_=2;C\;=^[!V[IW*]+[1JM&&QB[=G)9*6/)V9'.1
M*"5LFV)7ND<QD*.CC<J.L,5)&*Q6OP^AN+EZZ;%[E53)W=P8Z;0^)MD\@X_Q
ME09C"^*[B,G2HFP3#=DY:2,K&QK\&\01LFT_K3N%3B7S'/U'QB&[?E[FQ9BK
MD]L;AX:F2EBAB=7@D\HVO<B*BN1%X;PC?555?TJ:++\<NO-:Z<ZWS^C_`!\E
M[(R.P:7C[^2OPYG*4_:NRUX7/:^.*22/RE5SI?H2-K>>&MX3TW3R-L;FO&LA
MVCZY1]LU,_5K83/5EKF3LPL:/2J\TS;2UI^%7BVQX9I'2#6O-X=E+*1X'CE6
MZRGH>H<WG$>ERR.Q9K&R:G7HY7[^MD+[V36$BC8EF/R:K4\4148C4<K.6*BK
MQRJ\G-.F]-=9[K4^0>9VCK]-2S6H:I6L8S$/NW;#\+<2"9LKDF?)&ZPZ9\39
MU2PV1C?/P:WQ3UZ%]P[)UZPQI-LAE+&<^M5K[2,<2$W5K"W:1S]:)E$7K!)-
MVFSEF;^-<&(FL8/*LBH3Q^3F@]@Y.]AM+R.4QLBQ7X*RN8]$15:[E/7AR*B_
M]**<@?#[1]6[)^3>F:)N]1M_4\GF8X;5=SY(TEB5CU5BOB?'(U%5$]6/:OI^
M)Q@UBV&N64E=?'=A[Z4*XOV0U<5.9O`HZ_8C)).+;:CP2TCB+Z;139.@D%I=
M\>&^)3234%4?.4H#T#F-ZSL%S*+CWV-X8M^PL"NJ_:P<K(_QY@\O1>5<OM\H
MB+SZHA]*.\.H-<T6/;Z^(^+-EFIX=N4;#G?S_++&VI52=(\M[*J]OMMA8ESV
MW.<WQ3Q<Y4Y4V7[MVW.TM!N^-M>=(K$$+E^/QGD_9_+3UO%0$VX8X?QC"2*K
M.',TGX><;`>UR$<_*FFFDDY6=-6J)%"@N/6R=L;9M%"[6U_2I/#+MK379U1K
M'*E>%J\-X<UR?6J.X1$15<UJ(OU&*?T^OCWT5MFL9KN#Y.T_N>NYLWC-9Q3'
M2SPM?E\E/&CYO.":!W%6.2!7.<YT;(I9Y',58O3-NP6]&2Y+M7$W6U>@D9:\
MV;'U)GR$2AQM:6/%I.=C:_DV65@`!8LT?&CLLB0Y%2J-TSM/7<%.W35*,UG]
MXR4G5W\Z:Q&C[TM>-W[/G[2N<C)G>/\`>]E?/\>416^3D5J*AF/47Q:TJE\\
M%^,W>=IU?5J.7NP*JS?:KD&Q026,;$D_HL*9)GVZHK5;(Y)?:B<V9[%3531S
M8C.&0L\XF3Q3W)<7;R8IML5)K9SQCDZDUK!>:*`=&-^(;63&M2;13:RSS=D\
M6,+MN`G9-T6YB&\PK).$:MI&PYO(9VHF*V.KF\5*QWW,,T;*UB+TY1\,:-1[
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MZR_^'3$/^IO_`/5?^^_T9_[GY/\`)RU?>7/^>6_P7O?PE?\`P_\`U_[/U&`_
MRWK?_P"5IO\`B?\`+?\`B'+?QG^Z_P`/\3_M_P#62!N;Z?(T<`<`<`<`<`<`
M<`<`<`<`<`<`<`<`<`<`<`<`<`<`K"N_]IUHW;.Y;LK<\D]WRO8QSM8K)#2=
MSPOGG4;<.4#'D>YK$*>HURHY'P_AJ\U2STZ.J(LRQZS5$Q#)A\]91;U#"!S2
MP%HMV73V!B\VA[X-5:U9%4AY"OX)TFW:D9V02*<#';MK5?<"1+"+,J0!+Z@Q
M+OR=>OE'IT$"R`[(<1VBX#6*4A>TA::;=\=1DZW:92MJ;:SL\Q6&XI-#%9RF
M7VN0Z]4\B-WCIIYQCBNHUE&@AZGP"14_.'`.T7`'`'`'`'`'`'`'`'`'`'`'
M`'`'`'`'`'`'`'`'`'`'`'`'`'`(^TDWUV+WL=EG.QK[!IZP?4?&Z<.PS66J
M_1:,\64H8HKQYK\Q)7AE#QP.`*#9P=T"`G^;Y//TP*1NO?YT9)VQ.H_;?E,/
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M9(XI$8R&7!VX]CV<SK+:NH=PS&=!T8U.IFQ./YRR/6%_<[`V?,>5&C68/3:7
M#(XFK\\%+@9=NE(I*.9@K5LV36%91R=9)%!2#W"SLV<EQC>P:T&#U2'(Q.>J
M2K:?8G1'>W&WV&.]MKD\T59/%J(O*N541JZC\<<-TAU7C]ZE^(&;RW:??V2T
MZ_!78^@W`5L/BWNA2Y<F7*V(/O)XG+7<V.FLLLCF)&R!L;Y)68G>1.A[[;CO
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MU"ROK,D_U>54`=NQ2BU6YFWRB(('75Z=/F=>H!0=@8B[SN"^345=87T^KT_=
M,]5^GCC^Q57]1UUU!8D;\5_CBQ()G-9WFQ4<GM</7\PM?0SF5'>7_?:QG//U
M<>JZ#4^L8W<[2=J-Z\R0RCJ.7"VB`[`0[:'NCF#/E.!;VQ]K66Q.&M54B3+7
MHIFC)H+I=,C-$JJCST$A\PT.G6QSMHU5[[+6T?LL9]TU&R*WWVI(M/S5&>/[
MWZ6M\E3Q3E7^*>IUCL><W.'HKORM6PLLVT+LV\_D,SIJ;9TQ<[JK-C6NUUI)
M>*/$LTOM,<LSUC97]V3Z3V]!8IETRT2(:9B5#H][>*=>J8DR"#IT%GFS&CB>
MK#)JE<F4ZE$RI$V_3Q%7ISVT&(FG8)%>Q53=6K_>X5?-WI^S^/\`;PGZRL;9
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M:LD0KBHD>1_I@#=L<Y7JQ5%/*0`*81T#8K4]'L/%V:U6G?F_ER)/9L2LA8J*
MY_+_`#F:L?*?H3]I>5X0Y"Z:P6+VOX<;WA<WG]DU3'+W1D)%R.'Q]K)V6O;#
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M]J]%Z#8GF<8;W;@62:8R=:D-=ZG/8KSJRU?F]FD9)ZO.0&,7#G7Z,BV$\]L`
M3R$<L23!PBZ$3N5#%!;K1,A@-8BT.I-C,[EY)FN8M2-T%E*3KG*JYL*K5:U'
M*_W48OGRCO5RJG)U;J';G>=[Y99_&[SU5UW2QLL%F/8+<&4P;]FAUI8V-@GR
M;6Y^262!E?[%]ABUEC?$B-A8URQ\=@>\2[R!8NU/57V8HB-Q_E![;L`+Y$@C
MR"4U%P]U+(HEL3)C)55.<:O6*DN546RB/F)Z)B^82F`0#7>WWW['5D3\PQM?
M)NFJK*WGR:V3GZT16>2*GESPJ?HXY/G;_3GKZEA_GK?J]<V)\OHT>.SS<?.D
M:PRS4EC7[=[X[2P.8](5:DC7\+YH[CE.%/K]^,PI:IZ]NDT8%ZLPV_PP^;1-
ME=FCX2=<M:UD!5"$D)`S"09Q[.44*"2R[HA6J*)C'5,!0Z#^W>GIJV/<B1N<
MW+UU1KUX:Y49+PU5X5$1WX*KOI1.54COZ4Z))WUM\#W6XHY>N\RQTM9B230-
M=9H(Z>.-)(WR/B3ZV,B597O1K6(JKRGK]4L\9DMF=:=7G&A6H&)8B2^F$K'D
M/$FTFOE\N]9A4H=ZY5<L:E0X=O9IEL[?HMVRY$3E*1-;U#_-(//7JN=S%O.0
MUW8+$5(7>7G+!=J2R,;XJO*1Q-1[D5>$5$7T1>5]$*[WYU5UQ@.J\EF(>U^Q
M-@R,'LK7Q^6UC/T:5F99F-1K[=Z9U:%S(UDD8Y[55SF>#?J<A\/OI-X!QA#5
M(MJ?5YC6T]X\*JSQ[44QH%:')"WKZ3;2@&8OF0,%60J>N+H"-01`_J'`O@/X
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M2A(R.RW`F?3#-RC_`%RB[$QVJ:O4@F$WCRL87)W,;LVQ,IXS%Y)K\Q,JNL68
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MW<:DZ@0O$=<Y,I"OSQRO252?'%$X`N`ARO:CGLQ'CL96JX#"R*V&NUDWWU1L
MKN&L1)/;5ON)([]KP7ZT<O"_4;%\A^INMKNY;QFL[VYV;2;+D\Q/8QRZKL,N
M/@\I[$DE+[ML_P!E)3B55@2PW_57PM21O,2H8\E,81N4>X5NS9MD-D-L=:<[
M@9G&43&VJ%3R7=9\VI4?&0B$#9;E8,98DRA`C5K"F$6LZ:HO2IM97XDKLOJB
M4"QTN,CR?8&:L['D<KC<[Z-BAHQS2/\`L$:U&OD?#!,WP?\`0KFH[AK_`"\_
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MAX:U3TSRK2LNLIVQRF`\EUK.&2LSS[-5J<E*EXS7R%G4J3!3+E!5-9>Y+-2-
MF#ATH9X*:*J:T4^XS,]AX1N0IXK#92&VCGNJS,LS6')Q^[<E1KO;:Y45%6PK
M>&JY5?PBHM_KZ[9ZU^'/:,VH;)OO9.A9/7GP5XL[C;.$QN&@>CD6[%)GYH%N
MSPM<US(\.R59)XX&-K(^1CX_PZ[91NN-L\=P5C4-5]6-DVLKNIF"1?3N9\[X
MEQ'.U5W]8Y1$M=CHO+4",C+QYD2`N9RQ,=F58YR`8Q@$>?XU[)W<;G<^RIB\
M7DFOS-A5=8M00.8OFY/!&SMY<GZ>6_3SRG/)ZNX=%UG=.J>HK6P[YOFESU^M
M,1&R##8/+9:"TS[>)WW$DN*G]N*3E?!(YD296(UWBC51#?O^\OM5_P"F5I9_
ML_\`/_QHZW?[-O\`V7^KG^HW_P!M_P`O+Y_,FT_\M8;^'_WC3_P?_!_A?^0Y
=,_R4Z&_^[NR_]K\?\&['_M'_`$_Q'\=_[C]1_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
