<DOCUMENT>
<TYPE>EX-99.77Q2 ITEM 405
<SEQUENCE>3
<FILENAME>adxex77q2.txt
<TEXT>
Sub-Item 77Q-2 for ADX N-SAR:

Section 16(a) Beneficial Ownership Reporting Compliance

Enrique R. Arzac, director for registrant, inadvertently failed
to file on a timely basis in January 2011 a Form 4 for the
receipt of Deferred Stock Units of registrant pursuant to
registrant's 2005 Equity Incentive Compensation Plan ("DSUs")
from his election to defer his cash retainer for his 2011 Board
service for such DSUs. This transaction was subsequently reported
on a Form 4 filed on January 31, 2011.
</TEXT>
</DOCUMENT>
