-----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,
 Ww0K1gVr4GHEH38BfwTTPmjg5Tne+UxO/4KlKe7ivNLJThO9N4Y2h03Inq87if4C
 Ea4beZOE3wLH6NC8jLFIpg==

<SEC-DOCUMENT>0001317861-10-000289.txt : 20100811
<SEC-HEADER>0001317861-10-000289.hdr.sgml : 20100811
<ACCEPTANCE-DATETIME>20100810182955
ACCESSION NUMBER:		0001317861-10-000289
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20100810
FILED AS OF DATE:		20100811
DATE AS OF CHANGE:		20100810

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Star Bulk Carriers Corp.
		CENTRAL INDEX KEY:			0001386716
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33869
		FILM NUMBER:		101006086

	BUSINESS ADDRESS:	
		STREET 1:		7, FRAGOKLISIAS STREET, 2ND FLOOR
		STREET 2:		MAROUSSI 151 25
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		011-30-210-617-8400

	MAIL ADDRESS:	
		STREET 1:		7, FRAGOKLISIAS STREET, 2ND FLOOR
		STREET 2:		MAROUSSI 151 25
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>f081010sblk6k.htm
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Converted by EDGARwiz</TITLE>
<META NAME="author" CONTENT="John Telios">
<META NAME="date" CONTENT="08/10/2010">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:432pt"><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>UNITED STATES</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>Washington, D.C. &nbsp;20549</B></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>FORM 6-K</B></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; padding-left:9pt; font-size:11pt" align=center><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934</B></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center>For the month of August, 2010</P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center>Commission File Number: &nbsp;001-33869</P>
<P style="margin:0pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=442.8></TD></TR>
<TR><TD valign=top width=590.4><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>STAR BULK CARRIERS CORP.</B></P>
</TD></TR>
<TR><TD valign=top width=590.4><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center>(Translation of registrant&#146;s name into English)</P>
</TD></TR>
<TR><TD valign=top width=590.4><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=590.4><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>Star Bulk Carriers Corp.</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>c/o Star Bulk Management Inc.</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>7, Fragoklisias Street, 2<SUP>nd</SUP> Floor</B> </P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>Maroussi 151 25</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>Athens, Greece</B></P>
</TD></TR>
<TR><TD valign=top width=590.4><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center>(Address of principal executive office)</P>
</TD></TR>
</TABLE>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">Form 20-F [ X ] &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F [ &nbsp;]</P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ &nbsp;].</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify><B>Note</B>: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ &nbsp;].</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify><B>Note</B>: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's &quot;home country&quot;), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.</P>
<P style="margin-top:0pt; margin-bottom:10pt" align=center><BR>
<BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt; page-break-before:always" align=center><B>INFORMATION CONTAINED IN THIS FORM 6-K REPORT</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>Attached as Exhibit 1 is a copy of the press release of Star Bulk Carriers Corp. (the &#147;Company&#148;) dated August 10, 2010: Star Bulk Reports Financial Results for the Second Quarter and First Half 2010 and Declares Dividend of $0.05 Per Share.</P>
<P style="margin:0pt" align=right><BR></P>
<P style="margin:0pt" align=right><BR>
<BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt; page-break-before:always" align=right><B>Exhibit 1 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs
p;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&
nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs
p;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>
<P style="margin:0pt" align=center><img src="f081010sblk6k001.jpg" alt="[f081010sblk6k001.jpg]" align=middle height=79.867 width=369.333></P>
<P style="margin:0pt" align=center><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>STAR BULK REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER AND FIRST HALF 2010 AND DECLARES DIVIDEND OF $0.05 PER SHARE</B></P>
<P style="margin:0pt" align=center></P>
<P style="margin-top:0pt; margin-bottom:11pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B>ATHENS, GREECE, &nbsp;August 10, 2010</B> &#150; Star Bulk Carriers Corp. (the &#147;Company&#148; or &#147;Star Bulk&#148;) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that its Board of Directors declared a cash dividend of $0.05 per outstanding share of the Company's common stock for the three months ended June 30, 2010. The dividend is payable on or about August 30, 2010, to shareholders of record as of August 25, 2010. The Company also announced today its unaudited financial and operating results for the second quarter and first half of 2010.</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify><B>Akis Tsirigakis, President and CEO of Star Bulk commented:</B> &#147;We are pleased to report strong second quarter 2010 financial results well above expectations. Our financial performance in the second quarter 2010 reflects the consistent implementation of our business strategy including operating cost reduction efforts and pursuing organic fleet expansion. At the same time we continue rewarding our shareholders with meaningful regular dividend of $0.05 cents per share implying an annualized yield of 7% at the current share price. </P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>&nbsp;&nbsp;</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>&#147;Our vessel operating costs are lower by 42% compared to the same period last year mainly due to our cost efficient in-house fleet management which was fully implemented during the first quarter of 2010 and continues to produce tangible results while our fleet utilization rose to 99.5%. Furthermore, our interest expense was reduced by half due to the accelerated principal repayment nature of our loans. Also, our revenue visibility remains high with contacted operating days of 98% for the remainder of 2010 and 64% for 2011. &nbsp;</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>&#147;We have also continued our organic growth during this quarter expanding our fleet by ordering our second capesize newbuilding in April 2010, without diluting our shareholders. So far in 2010, we have contracted to acquire three Capesize vessels, the 2000 built M/V Aurora and two newbuildings. These acquisitions will expand our fleet carrying capacity in DWT by about 57%.&#148;</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify><B>George Syllantavos, Chief Financial Officer of Star Bulk commented:</B> &#147;As of today, our senior debt has been reduced to $201 million while our cash position stands at approximately $54 million, translating into a conservative net debt position of approximately 21% of our total assets. Through our front-loaded principal repayment schedule we have repaid $32 million during the first half 2010 and $46 million year-to-date. This front-loading produced tangible results by lowering our interest costs, while through our resistance to enter into interest rate hedge mechanisms we avoided interest rate swap costs that have burdened other companies. &nbsp;&nbsp;&nbsp;&nbsp;</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>&#147;We are confident our strong balance sheet will enable us to meet our debt and capital expenditure commitments and continue rewarding our shareholders with a regular dividend.&#148;</P>
<P style="margin-top:0pt; margin-bottom:11pt" align=justify></P>
<P style="line-height:16pt; margin:0pt" align=justify></P>
<P style="line-height:16pt; margin:0pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B><U>Fleet Profile (As of August 11, 2010)</U></B></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD width=136.25></TD><TD width=91.15></TD><TD width=76></TD><TD width=69.15></TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt"><B><U>Vessel Name</U></B></P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B><U>Type</U></B></P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B><U>DWT</U></B></P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B><U>Year Built</U></B></P>
</TD></TR>
<TR><TD width=181.667><P style="font-size:2pt">&nbsp;</P></TD><TD width=121.533><P style="font-size:2pt">&nbsp;</P></TD><TD width=101.333><P style="font-size:2pt">&nbsp;</P></TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Sigma</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Capesize</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>184,403</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>1991</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Ypsilon</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Capesize</P>
</TD><TD width=101.333><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center>150,940</P>
</TD><TD width=92.2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center>1991</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Gamma</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>53,098</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2002</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Delta</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>52,434</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2000</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Epsilon</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>52,402</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2001</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Zeta</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>52,994</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2003</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Theta</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>52,425</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2003</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Kappa</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>52,055</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2001</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Omicron</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>53,489</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2005</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Cosmo</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Supramax</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>52,247</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2005</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt"><B>Total</B></P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B>10</B></P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B>756,487</B></P>
</TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD width=181.667><P style="font-size:2pt">&nbsp;</P></TD><TD width=121.533><P style="font-size:2pt">&nbsp;</P></TD><TD width=101.333><P style="font-size:2pt">&nbsp;</P></TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt"><B>Vessel to be acquired</B></P>
</TD><TD width=121.533><P style="font-size:2pt">&nbsp;</P></TD><TD width=101.333><P style="font-size:2pt">&nbsp;</P></TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Aurora (1)</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Capesize</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>171,199</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>2000</P>
</TD></TR>
<TR><TD width=181.667><P style="font-size:2pt">&nbsp;</P></TD><TD width=121.533><P style="font-size:2pt">&nbsp;</P></TD><TD width=101.333><P style="font-size:2pt">&nbsp;</P></TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt"><B>Newbuildings</B></P>
</TD><TD width=121.533><P style="font-size:2pt">&nbsp;</P></TD><TD width=101.333><P style="font-size:2pt">&nbsp;</P></TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt"><B><U>Vessel Name</U></B></P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B><U>Type</U></B></P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B><U>DWT</U></B></P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center><B><U>Delivery Date</U></B></P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Bulk TBN (2)</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Capesize</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>180,000</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Sept-2011</P>
</TD></TR>
<TR><TD width=181.667><P style="line-height:11pt; margin:0pt; font-size:11pt">Star Bulk TBN (2)</P>
</TD><TD width=121.533><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Capesize</P>
</TD><TD width=101.333><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>180,000</P>
</TD><TD width=92.2><P style="line-height:11pt; margin:0pt; font-size:11pt" align=center>Nov-2011</P>
</TD></TR>
<TR><TD width=181.667><P style="font-size:2pt">&nbsp;</P></TD><TD width=121.533><P style="font-size:2pt">&nbsp;</P></TD><TD width=101.333><P style="font-size:2pt">&nbsp;</P></TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD width=181.667><P style="font-size:2pt">&nbsp;</P></TD><TD width=121.533><P style="font-size:2pt">&nbsp;</P></TD><TD width=101.333><P style="font-size:2pt">&nbsp;</P></TD><TD width=92.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-size:11pt" align=justify>(1)</P>
<P style="line-height:13pt; margin:0pt; padding-left:36pt; font-size:11pt" align=justify>On February 18, 2010 the Company entered into a agreement to purchase a Capesize vessel of approximately 171,000 dwt, built in 2000 in Japan, for $42.5 million from a third party with expected delivery in the fourth quarter 2010. The Company intends to finance this purchase through a combination of Company&#146;s cash and bank debt. The Company also entered into a time charter agreement with Rio Tinto for the vessel for a period of approximately 3 years at a gross daily rate of $27,500.</P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-size:11pt" align=justify>(2)</P>
<P style="line-height:13pt; margin:0pt; padding-left:36pt; font-size:11pt" align=justify>On March 24 and April 6, 2010 the Company signed two contracts with the shipbuilder Hanjin to build two Capesize vessels at a price of $106.9 million in aggregate with expected delivery in September and November 2011, respectively. The Company intends to finance both newbuildings through a combination of company cash and bank debt.</P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B><U>Second Quarter 2010 and 2009 Results</U></B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>For the second quarter 2010, total revenues amounted to $30.0 million compared to $32.4 million for the second quarter 2009. This decrease was mainly due to the decrease in the number of vessels that operated, from an average of 12 vessels during the second quarter of 2009 to 11 vessels for the second quarter of 2010. &nbsp;Operating income amounted to $7.3 million for the second quarter 2010 compared to an operating loss of $1.0 million for the second quarter 2009. Net income for the second quarter 2010 amounted to $6.0 million or $0.10 earnings per share calculated on 61,055,907 and 61,191,174 weighted average number of shares, basic and diluted, respectively. Net loss for the second quarter 2009 amounted to $3.4 million or $0.06 loss per basic and diluted shares calculated on 60,994,760 weighted average numbers of shares.</P>
<P style="margin-top:0pt; margin-bottom:11pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">The second quarter 2010 net income figure includes the following non-cash items: </P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">Net revenue of $0.3 million representing amortization of fair value of below market acquired time charters, attached to vessels acquired, over the remaining period of the time charter into revenue.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">Expenses of $1.7 million, relating to the amortization of stock based compensation recognized in connection with the restricted shares issued to directors and employees. </FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">An unrealized gain of $0.2 million associated with the mark-to-market valuation of the Company's derivatives.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><B>Excluding these items net income for the second quarter of 2010 would amount to $7.2 million or $0.12 earnings per basic and diluted share.</B></P>
<A NAME="OLE_LINK1"></A><A NAME="OLE_LINK2"></A><P style="line-height:13pt; margin:0pt; font-size:11pt">The second quarter 2009 net loss figure includes the following non-cash items: </P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">A net reduction of revenue of $1.0 million, representing amortization of fair value of below/above market acquired time charters, attached to vessels acquired, over the remaining period of the time charter into revenue.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">Expenses of $0.2 million, relating to the amortization of stock based compensation recognized in connection with the restricted shares issued to directors and employees. </FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">An unrealized gain of $0.6 million associated with the mark-to-market valuation of the Company's derivatives.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><B>Excluding these items net loss for the second quarter of 2009 would amount to $2.8 million or $0.05 loss per basic and diluted share.</B></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">Adjusted EBITDA for the second quarter 2010 and 2009 was $20.0 million and $15.5 million, respectively. A reconciliation of EBITDA and adjusted EBITDA to net cash provided by cash flows from operating activities is set forth below.</P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">An average of 11.0 and 12.0 vessels were owned and operated during the second quarter 2010 and 2009, respectively, earning an average Time Charter Equivalent, (&#145;TCE&#148;) rate of $28,640 per day and $30,019 per day, respectively. &nbsp;We refer you to the information under the heading &#147;Summary of Selected Data&#148; later in this earnings release for further information regarding our calculation of TCE rates.</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify>Vessel operating expenses decreased approximately 42% to $5.3 million for the second quarter 2010 compared to $9.1 million for the same period last year. &nbsp;The decrease is mainly due to a more cost efficient in-house management of the vessels which was fully implemented during the first quarter of 2010 and due to the decrease in the number of vessels that operated during the second quarter of 2009 compared to the second quarter of 2010.</P>
<P style="line-height:13pt; margin-top:4.6pt; margin-bottom:4.6pt; font-size:11pt" align=justify>Voyage expenses decrease by $1.2 million in the second quarter of 2010 as compared to the same period of 2009 mainly due to the fact that during the second quarter of 2009 one of our vessels was under a COA. </P>
<P style="line-height:13pt; margin-top:4.6pt; margin-bottom:4.6pt; font-size:11pt" align=justify>Depreciation expense decreased to $11.5 million for the second quarter 2010 from $15.8 million for the second quarter 2009. The decrease in depreciation expense was due to the fact that our fleet was reduced from an average of 12 vessels during the second quarter 2009, to an average of 11 during the second quarter 2010. Furthermore, depreciation expense was further reduced due to the reclassification of the vessel Star Beta during the first quarter of 2010 as an asset held for sale. The vessel Star Beta was delivered to her buyers in July 2010.</P>
<P style="line-height:13pt; margin-top:4.6pt; margin-bottom:4.6pt; font-size:11pt" align=justify>General and administrative expenses increased to $3.2 million for the second quarter 2010 from $1.7 million for the second quarter 2009, respectively. &nbsp;This increase is mainly due to a higher stock-based compensation expense.</P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B><U>First Half 2010 and 2009 Results</U></B></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">For the first half 2010, total revenues amounted to $59.3 million compared to $77.5 million for the first half 2009. This decrease is mainly due to higher charter rates earned for most of our vessels during 2009 and the lower amortization of fair value of below/above market acquired time charters of $0.7 million for the first half 2010 compared to $5.4 million for the first half 2009. &nbsp;Operating loss amounted to $24.2 million for the first half 2010 compared to operating income of $24.2 million for the first half 2009. &nbsp;Net loss for the first half 2010 amounted to $27.0 million representing $0.44 loss per basic and diluted share calculated on 61,052,850 weighted average number of basic and diluted shares. Net income for the first half 2009 amounted to $19.0 million representing $0.31 earnings per share calculated on 60,694,160 weighted average number of shares, basic and diluted. </P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">The first half 2010 net loss figure includes the following non-cash items: </P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">Impairment loss of $33.0 million in connection with the sale of the vessel Star Beta.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">An increase of revenue of $0.7 million representing amortization of fair value of below market acquired time charters, attached to vessels acquired, over the remaining period of the time charter into revenue.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">Expenses of $2.5 million, relating to the amortization of stock based compensation recognized in connection with the restricted shares issued to directors and employees. </FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">An unrealized loss of $0.2 million associated with the mark-to-market valuation of the Company's derivatives.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:18pt; font-size:11pt"><B>Excluding these items a net income for the first half of 2010 would amount to $8.0 million or $0.13 earnings per basic and diluted share.</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">The first half of the year 2009 net income figure includes the following non-cash items: </P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">A net increase of revenue of $5.4 million representing amortization of fair value of below/above market acquired time charters, over the remaining period of the time charter into revenue. </FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">A gain of $10.9 million associated with the gain on the time charter agreement termination which mainly relates to the unamortized fair value of below market acquired time charter on a vessel early redelivery date. </FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">Expenses of $1.7 million relating to the amortization of stock based compensation recognized in connection with the restricted shares issued to directors and employees. </FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:-13pt; padding-left:36pt; text-indent:-18pt; font-family:Symbol; font-size:11pt"><FONT FACE="Symbol">&#183;</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:36pt; font-size:11pt"><FONT FACE="Times New Roman">An unrealized loss of $2.2 million associated with the mark-to-market valuation of the Company's derivatives.</FONT></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; padding-left:18pt; font-size:11pt"><B>Excluding these items net income for the first half of 2009 would amount to $6.6 million or $0.11 earnings per basic and diluted share.</B></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">Adjusted EBITDA for six months ended June 30, 2010 and 2009 was $34.6 million and $43.3 million respectively. A reconciliation of EBITDA and adjusted EBITDA to net cash provided by cash flows from operating activities is set forth below.</P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">An average of 11.0 and 12.0 vessels were owned and operated during the six months ended June 30, 2010 and 2009, respectively, earning an average TCE rate of $27,291 and $32,591 per day, respectively. &nbsp;We refer you to the information under the heading &#147;Summary of Selected Data&#148; later in this earnings release for further information regarding our calculation of TCE rates.</P>
<P style="line-height:13pt; margin-top:4.6pt; margin-bottom:4.6pt; font-size:11pt" align=justify>Total expenses, amounted to $48.5 million for the six months ended June 30, 2010 compared to $64.5 million for the six months ended June 30, 2009. Vessel operating expenses were $10.9 million for the first half 2010 compared to $15.8 million for the same period last year. &nbsp;The decrease are mainly due to a more cost efficient in-house management which was fully implemented during the first half of 2010 and the decrease in the number of vessels that operated compare to the first half of 2010.</P>
<P style="line-height:13pt; margin-top:4.6pt; margin-bottom:4.6pt; font-size:11pt" align=justify>Depreciation expense decreased to $23.0 million for the first half 2010 from $31.5 million for the first half 2009. The decrease in depreciation expense was due to the fact that our fleet was reduced from an average of 12 vessels during the first half of 2009, to an average of 11 during the first half of 2010. Furthermore, depreciation expense was further reduced due to the reclassification of the vessel Star Beta during the first quarter of 2010 as an asset held for sale. </P>
<P style="line-height:13pt; margin-top:4.6pt; margin-bottom:4.6pt; font-size:11pt" align=justify>General and administrative expenses increased to $5.7 million for first half 2010 from $4.6 million the first half 2009, respectively. &nbsp;This increase was mainly due to a higher stock based compensation expense.</P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt"><B><U>Liquidity and Capital Resources </U></B></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt"><B><U>Cash Flows</U></B></P>
<P style="line-height:13pt; margin-top:4.6pt; margin-bottom:4.6pt; font-size:11pt" align=justify>Net cash provided by operating activities for the six months ended June 30, 2010 and 2009, was $33.3million and $42.1 million, respectively. &nbsp;Net cash provided by operating activities for the six month period ended June 30, 2010 was primarily a result of recorded net loss of $27.0 million, adjusted for depreciation of $23.0 million, and an impairment loss of $34.8 million resulting from the sale of vessel Star Beta which has been classified as asset held for sale and recorded at fair value less costs to sell. Net cash provided by operating activities for the six month period ended June 30, 2009 was primarily a result of recorded net income of $19.0 million, adjusted for depreciation of $31.5 million and stock based compensation and fair value of derivatives of $3.9 million, offset by amortization of fair value of below/above market acquired time charter agreements of $5.4 million and non-cash gain on time ch
arter agreement termination of $10.9 million.</P>
<P style="line-height:13pt; margin-top:3.15pt; margin-bottom:3.15pt; font-size:11pt" align=justify>Net cash used in investing activities for the six months ended June 30, 2010 and 2009 was $27.3 million and $25.5 million, respectively. &nbsp;Net cash used in investing activities for the six month ended June 30, 2010, was primarily due to the 20% advance given for the vessel Star Aurora that is to be acquired during the fourth quarter of 2010, amounting to $8.5 million plus 20% installments related to each of our two newbuildings amounting to $21.5 million in aggregate and offset by a decrease in restricted cash amounting to $2.6 million. For the six month period ended June 30, 2009, there was no cash used in investing activities due to the lack of acquisitions and/or sales of vessels during the period, however, there was an increase in restricted cash of $25.4 million related to the waivers obtained for the existing loan agreements.</P>
<P style="line-height:13pt; margin-top:5pt; margin-bottom:5pt; font-size:11pt" align=justify>Net cash used in financing activities for the six months ended June 30, 2010 and 2009 was $38.6 million and $22.6 million respectively. For the six month ended June 30, 2010, net cash used in financing activities consisted of loan installment payments amounting to $32.2 million, cash dividend payments of $6.2 million and financing fees amounting $0.2 million. For the six months ended June 30, 2009, net cash used in financing activities consisted of the payments of loan installments amounting to $24.5 million offset by cash provided from our Director's dividend reinvestment of $1.9 million.</P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B><U>Summary of Selected Data</U></B></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=216.75></TD><TD width=108></TD><TD width=11.8></TD><TD width=106.45></TD></TR>
<TR><TD valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">(TCE rates expressed in U.S. dollars)</P>
</TD><TD valign=bottom width=144><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=141.933><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=289><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>3 months ended &nbsp;</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>3 months ended &nbsp;</B></P>
</TD></TR>
<TR><TD valign=bottom width=289><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>June 30, 2009</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>June 30, 2010</B></P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Average number of vessels(1)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>12.0</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>11.0</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Number of vessels (as of the last day of the periods reported)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>12</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>11</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Average age of operational fleet (in years) (2)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>10.2</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>9.9</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Ownership days (3)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,092</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,001</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Available days (4)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,046</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,001</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Voyage days for fleet (5)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,035</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>996</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Fleet utilization (6)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>98.9%</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>99.5%</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Average per-day TCE rate (7)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>$30,019</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>28,640</P>
</TD></TR>
</TABLE>
<P style="margin:0pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=216.75></TD><TD width=108></TD><TD width=11.8></TD><TD width=106.45></TD></TR>
<TR><TD valign=bottom width=289><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>6 months ended &nbsp;</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>6 months ended &nbsp;</B></P>
</TD></TR>
<TR><TD valign=bottom width=289><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>June 30, 2009</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=center><B>June 30, 2010</B></P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Average number of vessels(1)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>12.0</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>11.0</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Number of vessels (as of the last day of the periods reported)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>12</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>11</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Average age of operational fleet (in years) (2)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>10.2</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>9.9</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Ownership days (3)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>2,172</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,991</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Available days (4)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>2,102</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,970</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Voyage days for fleet (5)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>2,071</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,963</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Fleet utilization (6)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>98.5%</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>99.6%</P>
</TD></TR>
<TR><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=289><P style="line-height:13pt; margin:0pt; font-size:11pt">Average per-day TCE rate (7)</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=144><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>$32,591</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=141.933><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>27,291</P>
</TD></TR>
</TABLE>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:normal; margin:0pt; font-size:11pt" align=justify>(1) Average number of vessels is the number of vessels that constituted our fleet for the relevant period, as </P>
<P style="margin:0pt" align=justify>measured by the sum of the number of days each vessel was a part of our fleet during the period divided by the number of calendar days in that period. </P>
<P style="margin:0pt" align=justify>(2) Average age of operational fleet is calculated as at June 30, 2009 and 2010, respectively.</P>
<P style="margin:0pt" align=justify>(3) Ownership days are the total calendar days each vessel in the fleet was owned by Star Bulk for the relevant period. </P>
<P style="margin:0pt" align=justify>(4) Available days for the fleet are the ownership days after subtracting for off-hire days with major repairs, dry-docking or special or intermediate surveys or transfer of ownership.</P>
<P style="margin:0pt" align=justify>(5) Voyage days are the total days the vessels were in our possession for the relevant period after subtracting all off-hire days incurred for any reason (including off-hire for dry-docking, major repairs, special or intermediate surveys). &nbsp;</P>
<P style="margin:0pt" align=justify>(6) Fleet utilization is calculated by dividing voyage days by available days for the relevant period and takes into account the dry-docking periods.</P>
<P style="margin:0pt" align=justify>(7) Represents the weighted average per-day TCE rates, of our entire fleet. TCE rate is a measure of the average daily revenue performance of a vessel on a per voyage basis. Our method of calculating TCE rate is determined by dividing voyage revenues (net of voyage expenses and amortization of fair value of above/below market acquired time charter agreements) by voyage days for the relevant time period. Voyage expenses primarily consist of port, canal and fuel costs that are unique to a particular voyage, which would otherwise be paid by the charterer under a time charter contract, as well as commissions. TCE rate is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company's performance despite changes in the mix of charter types (i.e., spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods. We included TCE revenues, a non- GAAP measure, as it provides 
additional meaningful information in conjunction with voyage revenues, the most directly comparable GAAP measure, because it assists our management in making decisions regarding the deployment and use of its vessels and in evaluating their financial performance. TCE rate is also included herein because it is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company's performance despite changes in the mix of charter types (i.e., spot charters, time charters and bareboat charters) under which the vessels may be employed between the periods and because we believe that it presents useful information to investors. </P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:11pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B><U>Unaudited Consolidated Condensed Statement of Operations </U></B></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=155.75></TD><TD width=11.8></TD><TD width=80.85></TD><TD width=13.5></TD><TD width=81></TD><TD width=13.5></TD><TD width=76.5></TD><TD width=18></TD><TD width=81></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt"><I>(Expressed in thousands of U.S. dollars except for share and per share data)</I></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>3 months ended &nbsp;June 30, 2009</B></P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>3 months ended &nbsp;June 30, 2010</B></P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>6 months ended &nbsp;June 30, 2009</B></P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>6 months ended &nbsp;June 30, 2010</B></P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Revenues:</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>32,370 </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>29,991 </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>77,485 </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>59,270 </P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Expenses:</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Voyage expenses </P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,314)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,131)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(4,620)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(5,023)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Vessel operating expenses </P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(9,118)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(5,274)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(15,839)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(10,896)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Drydocking expenses</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(3,511)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(429)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(3,773)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,501)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Depreciation </P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(15,836)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(11,454)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(31,497)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(23,034)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Management fees</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(248)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(40)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(533)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(81)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Gain/(loss) on &nbsp;derivative instruments</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(587) </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>84 </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(3,610) </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,331)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">General and administrative expenses</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,738)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(3,234)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(4,601)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(5,673)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Total expenses</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(33,352)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(21,478)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(64,473)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(48,539)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Vessel impairment loss</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,215)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(34,947)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">(Loss)/gain on time charter agreement termination</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>- </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>11,179 </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>- </P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Operating &nbsp;income /(loss)</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(982) </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>7,298</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>24,191 </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:0.5pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(24,216)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Interest and finance costs</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,734)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,456)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(5,476)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(3,118)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Interest income</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>272 </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>141 </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>295 </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>300 </P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Total other expenses, net</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:1pt solid #000000; border-bottom:1pt solid #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,462)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:1pt solid #000000; border-bottom:1pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,315)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:1pt solid #000000; border-bottom:1pt solid #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(5,181)</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:1pt solid #000000; border-bottom:1pt solid #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,818)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Net income / (loss)</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3,444) </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,983</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19,010 </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(27,034)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=107.8><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=102><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=108><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Earnings/ (loss) per share, basic</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(0.06) </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>0.10</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>0.31 </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(0.44)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Earnings /(loss) per share, diluted</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(0.06)</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>0.10</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>0.31 </P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(0.44)</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Weighted average number of shares outstanding, basic</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>60,994,760 </P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>61,055,907</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>60,694,160</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>61,052,850</P>
</TD></TR>
<TR><TD valign=bottom width=207.667><P style="line-height:11pt; margin:0pt; font-size:9pt">Weighted average number of shares outstanding, diluted</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=107.8><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>60,994,760</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>61,191,174</P>
</TD><TD valign=bottom width=18><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=102><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>60,694,160</P>
</TD><TD valign=bottom width=24><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:3pt double #000000" valign=bottom width=108><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>61,052,850</P>
</TD></TR>
</TABLE>
<P style="margin:0pt"></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=232.4></TD><TD width=11.15></TD><TD width=100.1></TD><TD width=13.55></TD><TD width=99.4></TD><TD width=108.25></TD></TR>
<TR><TD valign=bottom width=753.133 colspan=6><P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B><U>Unaudited Consolidated Condensed Balance Sheets</U></B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt"><I>(Expressed in thousands of U.S. dollars)</I></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt" align=center><BR></P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>ASSETS</B></P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right><B><U>December 31, 2009</U></B></P>

</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right><B><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;June 30, <BR> 2010</U></B></P>
</TD><TD valign=bottom width=144.333><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Cash and restricted cash</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>48,495</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>12,384</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Vessel held for sale</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>-</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>20,270</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Other current assets</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>12,333</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>13,242</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>TOTAL CURRENT ASSETS</B></P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>60,828</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>45,896</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Fixed assets, net</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>668,698</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>620,728</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Restricted cash</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>29,920</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>26,020</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Other non-current assets</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,195</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,457</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>TOTAL ASSETS</B></P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>760,641</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>694,101</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Current portion of long-term debt</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>59,675</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>43,500</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Other current liabilities</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>11,417</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>8,811</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>TOTAL CURRENT LIABILITIES</B></P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>71,092</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>52,311</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Long-term debt</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>187,575</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>171,525</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt">Other non-current liabilities</P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>2,717</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>1,692</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>TOTAL LIABILITIES</B></P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>261,384</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>225,528</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>STOCKHOLDERS' EQUITY</B></P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>499,257</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>468,573</P>
</TD></TR>
<TR><TD valign=bottom width=309.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=133.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=276.867 colspan=2><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=309.867><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY</B></P>
</TD><TD valign=bottom width=14.867><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=133.467><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>760,641</P>
</TD><TD valign=bottom width=18.067><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=276.867 colspan=2><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>694,101</P>
</TD></TR>
</TABLE>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B><U>Unaudited Cash Flow Data</U></B></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=55.25></TD><TD width=41.2></TD><TD width=41.15></TD><TD width=29.45></TD><TD width=27.75></TD><TD width=11.8></TD><TD width=120.4></TD><TD width=11.8></TD><TD width=117></TD></TR>
<TR><TD valign=bottom width=259.733 colspan=5><P style="line-height:13pt; margin:0pt; font-size:11pt"><I>(Expressed in thousands of U.S. dollars)</I></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=160.533><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>6 months ended &nbsp;June 30, 2009</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1pt solid #000000" valign=bottom width=156><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>6 months ended &nbsp;June 30, 2010</B></P>
</TD></TR>
<TR><TD valign=bottom width=73.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=54.933><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=94.133 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=37><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=160.533><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=156><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=259.733 colspan=5><P style="line-height:13pt; margin:0pt; font-size:11pt">Net cash provided by operating activities &nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=160.533><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>42,136 </P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=156><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>33,303</P>
</TD></TR>
<TR><TD valign=bottom width=73.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=54.933><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=54.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=76.267 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=160.533><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=156><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=259.733 colspan=5><P style="line-height:13pt; margin:0pt; font-size:11pt">Net cash (used in) investing activities &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=160.533><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>(25,457)</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=156><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>(27,346)</P>
</TD></TR>
<TR><TD valign=bottom width=73.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=54.933><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=54.867><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=76.267 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=160.533><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=156><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=259.733 colspan=5><P style="line-height:13pt; margin:0pt; font-size:11pt">Net cash (used in) financing activities</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=160.533><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>(22,614) </P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=156><P style="line-height:13pt; margin:0pt; font-size:11pt" align=right>(38,570)</P>
</TD><A NAME="RANGE_A2_E58"></A></TR>
</TABLE>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt" align=justify><B><U>EBITDA and adjusted EBITDA Reconciliation</U></B></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">Star Bulk considers EBITDA to represent net income before interest, income taxes, depreciation and amortization. EBITDA does not represent and should not be considered as an alternative to net income or cash flow from operations, as determined by United States generally accepted accounting principles, (&#147;U.S. GAAP&#148;), and our calculation of EBITDA may not be comparable to that reported by other companies. EBITDA is included herein because it is a basis upon which the Company assesses its liquidity position it is used by our lenders as a measure of our compliance with certain loan covenants and because the Company believes that it presents useful information to investors regarding the Company&#146;s ability to service and/or incur indebtedness. &nbsp;</P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">The Company excluded amortization

of the fair value of

 above/below market acquired time charters associated with time charters attached to vessels acquired, vessel impairment loss, non-cash gain or loss related to early time charter termination and

stock

- -based compensation expense recognized

during the period,

to derive adjusted EBITDA. The Company excluded the above non-cash items to derive adjusted EBITDA because the Company believes that these non-cash items do not reflect the operational cash inflows and outflows of the Company&#146;s fleet.</P>
<P style="margin-top:0pt; margin-bottom:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:11pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">The following table reconciles net cash provided by operating activities to EBITDA and adjusted EBITDA: </P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=153></TD><TD width=11.8></TD><TD width=72.5></TD><TD width=6.6></TD><TD width=5.2></TD><TD width=6.6></TD><TD width=65.9></TD><TD width=12.3></TD><TD width=12.3></TD><TD width=63.5></TD><TD width=12.3></TD><TD width=1.9></TD><TD width=12.3></TD><TD width=62.5></TD><TD width=12.3></TD></TR>
<TR><TD valign=bottom width=204><P style="margin:0pt"><I>(Expressed in thousands of U.S. dollars)</I></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=105.467 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>3 months ended &nbsp;June 30, 2009</B></P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=104.267 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>3 months ended &nbsp;June 30, 2010</B></P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>6 months ended &nbsp;June 30, 2009</B></P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:0.5pt solid #000000" valign=bottom width=99.733 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=center><B>6 months ended &nbsp;June 30, 2010</B></P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Net cash provided by operating activities</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>17,585</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>20,168</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>42,136</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>33,303</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Net decrease &nbsp;in current assets</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,922)</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,121)</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(34)</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(4,028)</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Net (increase)/ decrease in operating &nbsp;liabilities, excluding current portion of long term debt</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,479)</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>1,737</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(3,790)</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>3,673 </P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Amortization of fair value of above/below market acquired time charter agreements</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,006)</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>339</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>5,358 </P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>674 </P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Vessel impairment loss</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,031)</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(34,763)</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Other non cash charges</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1)</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(7)</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Amortization of deferred finance charges</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(129)</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(83)</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(185)</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(169)</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Stock &#150; based compensation </P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(214)</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(1,733)</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,666)</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,515)</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Change in fair value of derivatives</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>557</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>162</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(2,231)</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(168)</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Non-cash (loss)/gain on time charter agreement termination</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>10,919</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Net Interest expense</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>2,462</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>1,315</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>5,181</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>2,818</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>EBITDA</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right><B>14,854</B></P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right><B>18,752</B></P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right><B>55,688</B></P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right><B>(1,182)</B></P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Less:</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt" align=justify>Amortization of fair value of above/below market acquired time charter agreements</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(339) </P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(5,358)</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(674)</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt" align=justify>Change in fair value of derivatives</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(557)</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>(162)</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD></TR>
<TR><TD valign=top width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Non-cash gain on time charter agreement termination</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin-top:9pt; margin-bottom:2.25pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin-top:7.5pt; margin-bottom:2.25pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin-top:9pt; margin-bottom:2.25pt; font-size:9pt" align=right>(10,919)</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin-top:7.5pt; margin-bottom:2.25pt; font-size:9pt" align=right>-</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt" align=justify><B>Plus:</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt" align=justify>Amortization of fair value of above/below market acquired time charter agreements</P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>1,006</P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt" align=justify>Stock &#150; based compensation </P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>214 </P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>1,733</P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>1,666 </P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>2,515 </P>
</TD></TR>
<TR><TD valign=top width=204><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=96.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=96.667 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=101.067 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=116.133 colspan=3><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=204><P style="line-height:11pt; margin:0pt; font-size:9pt">Vessel impairment loss</P>
</TD><TD valign=top width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=top width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=top width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=top width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>33,000</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt" align=justify>Change in fair value of derivatives</P>
</TD><TD valign=top width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=top width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>-</P>
</TD><TD valign=top width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>2,231</P>
</TD><TD valign=top width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=116.133 colspan=3><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right>168</P>
</TD></TR>
<TR><TD valign=bottom width=204><P style="line-height:11pt; margin:0pt; font-size:9pt"><B>Adjusted EBITDA</B></P>
</TD><TD valign=bottom width=15.733><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=96.667><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right><B>15,517</B></P>
</TD><TD valign=bottom width=15.733 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=96.667 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right><B>19,984</B></P>
</TD><TD valign=bottom width=16.4><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=101.067 colspan=2><P style="line-height:11pt; margin:0pt; font-size:9pt" align=right><B>43,308</B></P>
</TD><TD valign=bottom width=18.933 colspan=2><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-top:0.5pt solid #000000; border-bottom:3pt double #000000" valign=bottom width=116.133 colspan=3><P style="line-height:11pt; margin-top:7.5pt; margin-bottom:0pt; font-size:9pt" align=right><B>33,827</B></P>
</TD></TR>
</TABLE>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt"><B>Conference Call details: </B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">Star Bulk's management team will host a conference call to discuss the Company's financial results tomorrow, Wednesday, August 11, 2010 at 8:30 a.m. Eastern Daylight Time (EDT).</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt"><BR>
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1(866) 819-7111 (from the US), 0(800) 953-0329 (from the UK) or +(44) (0) 1452 542 301 (from outside the US). Please quote &quot;Star Bulk.&quot; <BR>
<BR>
A replay of the conference call will be available until August 18, 2010. The United States replay number is 1(866) 247-4222; from the UK 0(800) 953-1533; the standard international replay number is (+44) (0) 1452 550 000 and the access code required for the replay is: 3128607#. </P>
<P style="line-height:13pt; margin:0pt; font-size:11pt"><BR>
<BR>
Slides and audio webcast: </P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">There will also be a simultaneous live webcast over the Internet, through the Star Bulk website (www.starbulk.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.</P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<A NAME="RANGE_A5_E56"></A><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>About Star Bulk</B></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, which include iron ore, coal and grain and minor bulks such as bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Greece. Its common stock trades on the Nasdaq Global Market under the symbol &quot;SBLK&quot;. Currently, Star Bulk has an operating fleet of eleven dry bulk carriers with definitive agreements to buy one and sell one Capesize vessel as well as to build two Capesize vessels. The total fleet consists of six Capesize, and eight Supramax dry bulk vessels with a combined cargo carrying capacity of 1,287,686 deadweight tons. The average age of our current operating fleet is 9.9 years. </P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt">Forward-Looking Statements</P>
<P style="margin-top:0pt; margin-bottom:11pt; font-size:11pt" align=justify>Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. </P>
<P style="margin-top:0pt; margin-bottom:11pt; font-size:11pt" align=justify>The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words &#147;believe,&#148; &#147;anticipate,&#148; &#147;intends,&#148; &#147;estimate,&#148; &#147;forecast,&#148; &#147;project,&#148; &#147;plan,&#148; &#147;potential,&#148; &#147;may,&#148; &#147;should,&#148; &#147;expect,&#148; &#147;pending&#148; and similar expressions identify forward-looking statements. </P>
<P style="margin-top:0pt; margin-bottom:11pt; font-size:11pt" align=justify>The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, examination by the Company&#146;s management of historical operating trends, data contained in its records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond the Company&#146;s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. </P>
<P style="margin-top:0pt; margin-bottom:11pt; font-size:11pt" align=justify>In addition to these important factors, other important factors that, in the Company&#146;s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company&#146;s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company&#146;s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our f
ilings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and the Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication.</P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B>Ccontacts : </B></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:11pt; font-size:11pt"><B>Company:</B></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">George Syllantavos</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">CFO</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">Star Bulk Carriers Corp.</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">c/o Star Bulk Management Inc.<BR>
7 Fragoklisias Str.<BR>
Maroussi 15125<BR>
Athens, Greece<BR>
www.starbulk.com</P>
<P style="margin:0pt"><BR>
<BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt"><B>Investor Relations / Financial Media:<BR>
</B>Nicolas Bornozis<BR>
President<BR>
Capital Link, Inc.<BR>
230 Park Avenue, Suite 1536<BR>
New York, NY 10169<BR>
Tel. (212) 661-7566<BR>
E-mail: starbulk@capitallink.com</P>
<P style="line-height:13pt; margin:0pt; font-size:11pt">www.capitallink.com</P>
<P style="margin:0pt" align=center><BR>
<BR></P>
<P style="line-height:13pt; margin:0pt; font-size:11pt; page-break-before:always" align=center><B>SIGNATURES</B></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin:0pt; text-indent:37.4pt; font-size:11pt">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, thereunto duly authorized.</P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:13pt; margin-top:0pt; margin-bottom:5.5pt; padding-left:216pt; font-size:11pt"><B>STAR BULK CARRIERS CORP.<BR>
</B>(Registrant)</P>
<P style="margin-top:0pt; margin-bottom:5.5pt"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR><TD width=202.8></TD><TD width=40.15></TD><TD width=189.95></TD><TD width=24.1></TD></TR>
<TR><TD valign=top width=270.4><P style="line-height:13pt; margin:0pt; font-size:11pt">Date: August 10, 2010</P>
</TD><TD valign=top width=53.533><P style="line-height:13pt; margin:0pt; font-size:11pt">By:</P>
</TD><TD style="border-bottom:0.5pt solid #000000" valign=top width=253.267><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>/s/ PROKOPIOS TSIRIGAKIS</B></P>
</TD><TD valign=top width=32.133><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=270.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=53.533><P style="line-height:13pt; margin:0pt; font-size:11pt">Name:</P>
</TD><TD valign=top width=253.267><P style="line-height:13pt; margin:0pt; font-size:11pt"><B>Prokopios Tsirigakis</B></P>
</TD><TD valign=top width=32.133><P style="font-size:2pt">&nbsp;</P></TD></TR>
<TR><TD valign=top width=270.4><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=53.533><P style="line-height:13pt; margin:0pt; font-size:11pt">Title:</P>
</TD><TD valign=top width=253.267><P style="line-height:13pt; margin:0pt; padding-right:-5.4pt; font-size:11pt"><B>Chief Executive Officer and President</B></P>
</TD><TD valign=top width=32.133><P style="font-size:2pt">&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt" align=justify><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="line-height:10pt; margin:0pt"><BR></P>
<P style="line-height:10pt; margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR></P>
<P style="margin:0pt"><BR>
<BR></P>
</DIV></BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>f081010sblk6k001.jpg
<TEXT>
begin 644 f081010sblk6k001.jpg
M_]C_X``02D9)1@`!`0$`W`#<``#_VP!#``(!`0$!`0(!`0$"`@("`@0#`@("
M`@4$!`,$!@4&!@8%!@8&!PD(!@<)!P8&"`L("0H*"@H*!@@+#`L*#`D*"@K_
MVP!#`0("`@("`@4#`P4*!P8'"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@H*
M"@H*"@H*"@H*"@H*"@H*"@H*"@H*"@K_P``1"`"W`U<#`2(``A$!`Q$!_\0`
M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4%
M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$!
M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$"
M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#]_****`"B
MBB@`HHH/%`'._%OXD^'_`(._#+7OBKXKG6/3?#VDSZA>NS;?W<2%SSVZ5^7$
MO_!T*5E98/V+2R!CL9OB#@D9X)'V`XKU/_@XL_:B/PV_9HTS]G/0;[9J/CR^
M5]0"289;"W=78>N'D$8^BL.]?B+7DXW&U*-7DIOU/Z0\)O"_).(<@EF.<4G+
MGE:"YI1]U:-Z-7N[_<?K+_Q%#3_]&5#_`,.'_P#>^C_B*&G_`.C*A_X</_[W
MU^35%<?]HXOO^"/U/_B"_A[_`-`K_P#!D_\`Y(_67_B*&G_Z,J'_`(</_P"]
M]'_$4-/_`-&5#_PX?_WOK\FJ*/[1Q??\$/\`X@OX>_\`0*__``9/_P"2/UE_
MXBAI_P#HRH?^'#_^]]'_`!%#3_\`1E0_\.'_`/>^OR:HH_M'%]_P0?\`$%_#
MW_H%?_@R?_R1^LO_`!%#3_\`1E0_\.'_`/>^C_B*&G_Z,J'_`(</_P"]]?DU
M11_:.+[_`((/^(+^'O\`T"O_`,&3_P#DC]9?^(H:;_HRH?\`AP__`+WU]0?\
M$RO^"J?B[_@HQXN\0Z7#^S6/">C^';*.2YUIO%1O?,GD;"0!/LD0SM#,3NXP
M.#G(_G["LQVJ,D]`*_HD_P"".7[*(_96_8F\.:=K=@L7B+Q3'_;>ODIAD><9
MBA.>?W<6Q3_M;O6NS!8G$XBK:3T6^B/S#Q6X*X$X.X>4\)AVL15DHPO.;M;6
M3LW;1:>K/#_VR_\`@O+XN_8U_:.\1_L^>*?V.Q?OHEPALM4'CHPK?VLB+)%.
M$^PMMW*PRNYMK!ER<9KR_P#XBAI_^C*A_P"'#_\`O?71?\'(O[*)U_P#X=_:
M[\.:>&N-!E32/$4D:?\`+K*_[B1CZ+*2G_;4#O7X\'ZUEBL7B\/7<4].FB/9
M\/O#_P`/>+N%Z..GAG[3X9VG/XUOIS:7T?S/UE_XBAI_^C*A_P"'#_\`O?1_
MQ%#3_P#1E0_\.'_][Z_)JBL/[1Q??\$?;?\`$%_#W_H%?_@R?_R1^LO_`!%#
M3_\`1E0_\.'_`/>^C_B*&G_Z,J'_`(</_P"]]?DU11_:.+[_`((/^(+^'O\`
MT"O_`,&3_P#DC]9?^(H:?_HRH?\`AP__`+WT?\10T_\`T94/_#A__>^OR:HH
M_M'%]_P0?\07\/?^@5_^#)__`"1^LO\`Q%#3_P#1E0_\.'_][Z/^(H:;_HRH
M?^'#_P#O?7Y-44?VCB^_X(/^(+^'O_0*_P#P9/\`^2/Z'O\`@F'_`,%.I/\`
M@HW9>*KMO@O_`,(A_P`(U-;IM'B#[?\`:/-#'.?L\.S&WWSFOK*OR@_X-BO^
M0/\`%/\`Z^[#_P!`DK]7Z]G"5)U:"E+=G\H>(>3X#(.,,5@,%'EI0:LKMVO%
M/=Z[L****Z3XH****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH
M`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`
MHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"B
MBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"FR,J(7=@`HR2:
M=]*^=O\`@J?^T]#^RA^Q/XP^(=K>"/6+ZT&D^'T#89KRY_=J1_N*7D/M&:F<
ME"#D^AW99@*^:YC2P=!7G4DHKU;L?BE_P5U_:@;]J;]N'Q7XFTN],NA:!,-$
M\/J'RODV_P`KR#M\\WF/]&4=J^9:=---<S/<7$K/)(Q9W=LEB3DDGUIM?*5)
MNI4<WU/]%LDRNADF4T,!15HTXJ*^2W]7NPHHHJ#U`HHHH`****`"BBB@#Z/_
M`."4W[+$W[6W[:?A;P'?67FZ)I,W]L^(G8'8+6W*ML/^_(8X_P#@?H#7]'UO
M;06D"6UO$J)&H5$08"@#``%?GC_P;O\`[*/_``JK]F>^_:)\1:<L>J_$"YS8
M,Z?.NG0L5C]P'?>WN-I[U^B/M7T67T?98=-[O4_A_P`8^)O]8.+IT:<KTL/[
MD>UU\3^_3Y'%?M&?!KPY^T-\#?%'P5\5P))9>(]&FLY-RYV,R_(X]"KA6![%
M0:_F#^*OPX\1_!_XE:[\+?%UJT.I^']5GL;V-AC$D;E2?H<9_&OZL&&17XG?
M\'%O[)__``KC]H+2?VG/#.E"/2_&]JMMK#1+A5U&!`H<^[Q!?J8R>I-99G1Y
MZ2FNGY'T?@-Q,LNSVIE-67N5U>/^./\`G&_W(_.&BBBO"/Z]"BBB@`HHHH`*
M***`/UQ_X-B?^0/\4_\`K[T__P!`DK]7Z_*#_@V)_P"0/\4_^OO3_P#T"2OU
M?KZ3`?[K'^NI_"'BY_R<'&^L?_2(A11178?FP4444`%%%%`!1110`4444`%%
M%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`444
M4`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110
M`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!
M1110`4444`%?BQ_P<=?M1_\`";_'70OV8-`U`M9>#K,7VLQH_P`IO;A045O=
M8MIYZ>;7["?%[XE^'O@Y\+]?^*?BNY6'3]`TJ>^NW9L?)&A;&??&/QK^7[X[
M_%KQ#\>/C+XF^,?BJX:2_P#$FM3WTY8YV[W)5!Z!5PH'8*!VKS<SK<E%077\
MC]W\!^&_[1XBGFE6/N8=:?XY;?<KOYHY.BBBO!/[!"BBB@`HHHH`****`"N]
M_9@^!7B']I;X^^%?@?X9B9KCQ#J\5N[H/]5#G=+(?0+&&;/M7!5^JW_!MO\`
MLGF^\0^)_P!K_P`3Z9F.SA;1/##R+QYC[6N95]PH2,'T9QWK?#4O;UU#^K'Q
M_'?$4.%^%\1CK^^E:'G.6D?NW?DC]8/AOX$\/_"_X?Z+\./"EC';:9H6EP6%
MA;Q*%6.&*,(@`'LHK:&>]`X%%?4I6/\`/JI4G5J.<W=MW;\V'>OG[_@IW^RS
M;?M=?L;>+OAE:V4<FM6UB=2\-R..8[Z`%T`/;>`T9/I(:^@:1T#J589!&"*F
M<5.+B]F=678_$97CZ6,H.TZ<E)>J=S^32[M+FPNI;&]@>*:&1HY8I%PR,#@@
M@]"#4=?6_P#P6G_92?\`9>_;;UN71M-$'AWQFG]N:(8TPB&1B)X1V!24,<=E
M=#WKY(KY2K3=*HX/H?Z*9!F^'S[)J&847[M2*EZ/JOD[H****@]<****`"BB
MB@#]<?\`@V)_Y`_Q3_Z^]/\`_0)*_5^OR@_X-B?^0/\`%/\`Z^]/_P#0)*_5
M^OI,!_NL?ZZG\(>+G_)P<;ZQ_P#2(A11178?FP4444`%%%%`!1110`4444`%
M%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`44
M44`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!111
M0`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`
M!1110`444V218U+N<`#.30!^=/\`P<5_M2?\*T_9JTS]G3P]J7EZIX[O@^I+
M&V&73H&#L#Z;Y?+7W"N.]?B/WKZ:_P""N?[4+?M3_MO^+/$FE:CY^@^'[HZ)
MX>*OE&@MR5>5>V'D\Q@?[I7TKYEKYG&5O;8AOHM#^\_"WAS_`%;X.H4IQM4J
M?O)][R6B?HK(***^W/V._P#@C+<_MM_"^'XF?!W]K7PI(4Q'JVCW&E3K=:;-
MC)CE3=^3#Y6'()K&E2G6ERPW/J<]XBRGAK"K$YC-PIMVORMJ_G9.WS/B.BOT
MX_XAD/CO_P!'+^%O_!/<?_%4?\0R'QW_`.CE_"W_`()[C_XJNCZABOY?Q1\C
M_P`1>\/O^@Q?^`S_`/D3\QZ*_3C_`(AD/CO_`-'+^%O_``3W'_Q5'_$,A\=_
M^CE_"W_@GN/_`(JCZABOY?Q0?\1>\/O^@Q?^`S_^1/S'HK]./^(9#X[_`/1R
M_A;_`,$]Q_\`%4?\0R/QW_Z.7\+?^">X_P#BJ/J&*_E_%!_Q%[P^_P"@Q?\`
M@,__`)$_-;POX:UKQEXDL/"7ARQ>ZU#4[R*UL;:/K++(P15'U)`K^F[]BS]G
M/1/V5/V8?!_P-T:%!)H^CQ#4YU7FXO7&^XE/^](6(]!@=A7PU^PG_P`$!O$?
M[,_[2^@_''XN_%O1/$FG^'FDN;/2K#3I8V>[VXB<ER1A"=WN0*_3=1@8KTLO
MPLJ"<IK5GX'XR<?9?Q35P^#RRIST(7E)V:O)Z):I/1?F+1117I'X:%!`/444
M4`?#'_!>[]D__A??['ES\5/#^E"?7OAW(VJ1M&OSO8XQ<K[A4Q)C_IF>]?@M
M7]8GB'0=+\4:#>^&]:M$GL[^UDM[J"1<K)&ZE64CT()%?D+XR_X-FOBE?>+=
M2O/!G[0_AVTTB:^E?3+6ZTN=I(8"Q*(S!N2%P,]\5Y6/P=2K-3IKU/Z,\'_$
MG*.'\IJY;F];DC&7-3=F])?$M$]GK\V?EK17Z<?\0R'QX_Z.7\+?^">X_P#B
MJ/\`B&0^._\`T<OX6_\`!/<?_%5P?4,5_+^*/V+_`(B]X??]!B_\!G_\B?F/
M17Z<?\0R'QW_`.CE_"W_`()[C_XJC_B&0^.__1R_A;_P3W'_`,51]0Q7\OXH
M/^(O>'W_`$&+_P`!G_\`(GYCT5^G'_$,A\=_^CE_"W_@GN/_`(JC_B&0^.__
M`$<OX6_\$]Q_\51]0Q?\OXH7_$7O#[_H,7_@,_\`Y$[G_@V*_P"0/\4_^ONP
M_P#0)*_5^OC?_@DY_P`$T/'?_!.ZP\7VOC3XE:7XA/B2:V>`Z;:21"$1JP.[
M>3G.[MZ5]D5[>$IRI8>,9;G\D^(V;8#/.,L5C<%/GI3<;.S5[12ZZ[H****Z
M3X@****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB
M@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`
M"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*
M***`"BBB@`HHHH`****`"BBB@`HHHH`*^=?^"J/[3L7[*'[%7B[XAVEZL.KW
M]L-)T`%L,]Y<`HI7N2J[Y#CM&3VKZ*S7XL?\''/[4A\>_'/0?V8]`U$/8>#K
M7[=J\<<F0;Z=?E#`'JD6,9Y'FGUKFQ=;V-!RZGW/AQPZ^)N+L/A9*\(OGG_A
MCJ_O=E\S\V)II;B9[B>0N[L6=V.2Q/))IM%%?,']_)**L@KU7]D#]L'XP_L5
M_%ZS^+7PCUDH\;!-4TJ=B;;4K?/S0RJ.Q[,.5/(KRJBJC*4)*479G+CL#A,S
MPD\+BH*=.:LT]4T?TQ?L+?MT?"#]NSX00?$;X=:C'!J-N%B\0>'Y91]HTVXQ
MDJPZE#U5QPP]P0/;@<U_+K^RY^U-\7_V0OBSI_Q>^#GB)[2]LY5^U6<I)MK^
M'/S03("-R,..Q'4$$`U_0;^P'_P4%^#?[>OPO7Q;X&OX[+7K%$3Q%X9N)A]H
ML92`<@=7B)SMD`P<$<$$5]!@\9'$+EEI+\S^+O$OPQQG!^)>+PB<\))Z/=PO
M]F7EV?7KJ>^T4`YHKN/R,***0YH`,C->#_M;?\%)_P!D']BZT>'XR?%:T_MG
M83!X9TDBZU"3KC,2']TO'WI"J^A)XKXU_P""R7_!:C5O@EK.H?LJ_LF:U;CQ
M+#F'Q3XLA82?V62#NMH.WG]-SG.SD`;N5_&GQ!X@UWQ7K5UXD\3ZS=:AJ%[,
MTUY?7D[22S2,<EF9B22?4U]ID?"57'4U7Q3Y8/9+=_Y(^<S+/HX:;IT5>2W?
M1'ZH_'/_`(.>/&MS<SV'[./[/&FVD08B#4O%UY),S#U,$!0#U_UE?.7B_P#X
M+^?\%-?%-S))IWQ=TC0X9"?]&TCPI9[5'H&GCD<?]]9KXPHS7W.'X<R;#QLJ
M*?KK^9\U5S7,*SNZC7II^1]>:'_P79_X*?:)=BY'[0\=VNX;H;[POITB,!V_
MU`(_`@^]>Z?!3_@YF_:6\.WD-K\=_@YX8\2V08":ZT42Z?=;?7!:2-C]`@K\
MS\^U%76X?R;$1M*A'Y*WY$T\TQ]-W51_/7\S^D/]B_\`X*Y_L>?MJS0>&O!W
MC4Z!XJE7CPKXC*P7$I[B%L[)\>BG=WVXKZ@SW!K^2'3[_4-)U"'5=*OI;:YM
MI5EM[B"0H\3J<JRL.5((!!'I7[9?\$-/^"L7B#]HZ`?LH_M&:VMSXOTRT,GA
MG7IWQ)J]J@^:&7)^:=!R&'WUZC*DM\)G_"CR^D\1A6W!;I[KS\T?397GGUFH
MJ-=6D]GW/TMZ5F^)?&'A'P;;1WGB_P`3Z?I<,S[(I=1O$A5VQG:"Y&3@9Q6C
MNYQ7XZ_\'0?Q?^V>.OAA\![*ZXL-,O-<U"('/S32+!`3Z$"&?\'%?.93E[S3
M'QPZ=KWU[)(]?'XM8+"NM:]C]8?^%Z_!/_HKWAC_`,'MO_\`%T?\+U^"?_17
MO#'_`(/;?_XNOY10/:D(&.E?:_ZAT_\`G\_N_P""?._ZSS_Y]_B?UK>'?%7A
MCQ=9'4O"GB*QU.V#E#/8723(&'4;D)&?:KX.:^3?^")7P?\`^%0?\$Y?`4-Q
M9M#=>(K>;7+I7')^TR%HS]#$(R/8U]9#ZU\!BZ,,/BITHNZBVK]['U.'J2JT
M(SDK-JX4445SFP444$X[4`%%%%`!1110`4444`%%%%`!1110`AY'XU\1_P#!
M2C_@LOX:_P"">OQBTGX.O\(Y?%%[J&A+J=Q)%J@@^SH\KQHI!4YSY;G\*^W3
MTK^;S_@LO\7C\9O^"CWQ)UNWN_-L](U*+1+##954LX4A?;[&597_`.!U]'PQ
ME=#-,P<*RO!)M_H>/G6-J8+"J5-VDV?;G_$45H?_`$:?=_\`A1+_`/&Z/^(H
MK0_^C3[O_P`*-?\`XW7Y!45^@_ZI9%_S[_%_YGRO]MYG_/\`@C]??^(HK0_^
MC3[O_P`*)?\`XW1_Q%%:'_T:?=_^%$O_`,;K\@J*/]4LB_Y]_B_\P_MO,_Y_
MP1^O\/\`P=$^'#,@N?V4;X1[OG,?B%"V/;,=>@?#C_@YB_9,\1726OQ&^$OC
M#PZI(#7$*0WB@^N%93BOQ`HK.IP?DDXV4&O1O]2H9]F47K)/Y']2/[-G[:7[
M,'[7&CMJ_P``/C%I.OM$@:ZT^*4Q7EM_UTMY`LB#W*X/8FO4Z_D]^%'Q:^(W
MP-\?:=\3OA3XLN]%US2YQ+9WUG*592#G:1T93T*G((X(K^D?_@FS^V59?MR_
MLIZ#\:)X(+;6U4V/B>SM\A(;^(`2%022$?AU!S@-C)QFOB.(.&YY.E5IRYJ;
MTUW3\SZ7*LW6/;IS5I+\3WNB@G%%?+'MA1110`4444`%%%%``?2OS9_:J_X.
M'/"O[-W[0OBOX%Z?^S]/KR>&-4:Q?58M;6)9W51NPNPXPQ*]?X:_17Q=XFTG
MP7X5U/QAKURL-CI.GS7EY,QXCBB0N['Z*I-?RC_$OQUJWQ0^(VO_`!*UYLWO
MB#6KK4KO_KI/*TC`>V6-?6\)Y/ALTJU'B(WC%+K;5^GH>!GN/K8.$%2=F_R/
MUB_XBBM#_P"C3[O_`,*)?_C=6-'_`.#G2RU[5K70]+_9(O);J]N4@MHE\1+E
MY'8*H_U?<D5^/5>__P#!+;X0-\<?V^?AGX&:U,T"^(X[^\4+G$-L#.Y_`1U]
M?BN&<APV&G5=/X4WN^B]3P*.<9G5K1@I[M+9']`O[8_[6&D_L>_LK:U^TKXH
M\.M>_P!D6ML5TE+@(9IYI$C2(,0<?,XYQVK\]Q_P=%:)_P!&GW7M_P`5$O\`
M\;KM_P#@YJ^+Q\-_LP^"?@M8W6R;Q-XM-]=HIY:WM(6&TCT,D\;?6.OQ+7I7
MC<,\/9?C\N]OB87;;MJUHO\`@W/0SC-<7AL7[*C*R25].I^OQ_X.B=#SQ^R?
M=_\`A1+_`/&Z^F?^"97_``5IE_X*,^/O$7A'2_@7/X;M/#NEQW=SJ,NJB<.\
MC[$C`"#GAC^%?STU^W/_``;-?!YO#/[+7B[XS7EH4E\4>*3:6LCKRT%K&H)7
MU4R2./JAK7B+(\GRW*Y5:4+2NDM7_GV)RG,LPQ>-C3G*\=WHC]*Z***_-S[`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB@T`<[\6OB/X>^$'P
MSU[XH>*[D1:=H.E37MVY;'R1H6P#ZG&![D5_+Y\=?BSXB^._QE\3_&3Q9.7U
M#Q+K=SJ%QR<)YDA947/157"@=@H':OV0_P"#BO\`:C/PQ_9ETK]GGP[J)35?
M'FH;M15'PT>FP?,^?]^0QKZ$!_2OQ$KP\TJ\U14UT/ZU\`N'/J>3ULWJQ]ZL
M^6/^&._WR_)!1117EG]!A1110`5W?[./[2/Q:_94^*NG_&#X.>)'T_5;"0;D
M(W0W46?FAF3.'1AP1^((.#7"44TW%W6YSXO"8;'8:5#$04H25FGJFGW/Z0O^
M"=/_``49^%?[?7PM77-%GM]+\6Z:BIXC\,/./,MW(_UL8/+PL<X;MT//7Z.%
M?RN_`SXY_$W]G'XFZ9\7/A'XFFTK6M*G$D$T1^61?XHY%Z.C#@J>"*_H"_X)
MK_\`!37X7_M__#XBW$&C>-M)@3_A(?#3S<C(QY\&>7A)_%20&Z@GW\'C8UUR
MR^+\S^-/$[PMQ/"=:6/P"<\))^KIM]'_`'>S^3\_J"O"O^"D?[4$O[(?[&WC
M+XT:9,J:K;6`M-#+'I>SD11-[[6;=_P&O=>HK\YO^#F/5]0TW]A_PMI]I+MB
MO_B5:172_P!Y!97L@'_?2*?PKZ'*</#%9E2I3V<E<_#L?5E0P<YQW2/P[U35
M=1UW5+G6]8O9+F[O+AY[JYF<L\LCL69V)Y))))/O4%%%?NR22LC\SNWJSU+]
MC#]EGQ9^V=^T?X=_9X\':E#8W&MS2-<:A.I9+6WBC:664@?>(1&P.YP.]?MW
M\&?^"!'_``3O^%V@V]EXG^'VH>,M21%^U:IXBU20^<PZD11%(T&>@"YQP2>M
M?A=^S+^T9\2/V3OC;H?QZ^%%[%#K6ASLT2W,>Z*>-U*21.O='1F4]^<CFOVT
M_9'_`.#@7]C[X\6-GHGQGO'^''B.10MQ'JS&33WD[F.Y4?*I_P!L+COZU\1Q
M9'/>:,L*W[-+7EWOYVUL?19'+++-5TN>^E]K&]\9O^"!/_!.[XIZ)/:^&_A]
MJ/@W474_9]3\-ZHX,39R,Q2[XV&>VW..`1UK\?/^"B__``3@^+7_``3Q^)L'
MAKQ;=#6?#>K[G\.>*+>`I'=*OWHW4D^7*N1E<D$<@D5_2)X0\;^"_B#H<'B?
MP)XMTS6]-N5W6^H:3?1W$,H]5>,E3^!K'^+OP(^#OQ\TBST#XS_#C2O$EEI]
M\MY9VNK6HE2*=05#@'OAB/3FOELJXFS'+J]JTG.'5-Z_)O8]O'9-A,72O22C
M+NC^5KPUX-\8>,]2BT?P?X4U+5KN8XAM=-L9)Y'/H%0$G\*^MOV&?^"<W_!3
M+PY\=O!GQU^'W[-GB#2#X=\06E^MSXC4::KQI("\;),5D*NFY#A>0Q%?O_X(
M^&'PW^&FG_V3\._`6C:%;8`,&D:;%;*<>HC49IWQ*\9:9\.OAUK_`,0-:N!#
M9Z%HMUJ%U*W1(X86D9OP"DUZ>+XUQ&)BZ5*BDI::N^_W'%1X<IT6IU*CNM=-
M#9'`Y/:OYT_^"X/Q</Q;_P""CGCAX+C?;>'C;Z-;;6RH$$0WX^KLY^I-><>(
MO^"D/[;^O>(;_7$_:;\8VHO;R6<6MOK4JQPAW+;%&>%&<`>@KQWQ%XBUWQ=K
MUYXH\3ZM<7^HW]PT][>W4A>2:1CEG9CR23WKW.'N&:N4XIUZLDVU96Z7/.S7
M.(8Z@J4(M692%:?@KPIJ?COQEI/@C1$W7FLZG!8VB@9S++(L:C\V%9E7/#^O
MZUX5URT\2^'-3FLM0L+A)[.\MWVR0RJ<JZD="",@U]A-2<&H[G@QLI*^Q_5Y
M\,O!>E_#;X<>'_AWH<)CLM!T2TTZT0\;8H(5C4?DHK<'L*_E^/\`P4*_;BZ#
M]JCQO[?\3Z7_`!K^CO\`9$\.^,_"?[+GP_T'XBZ[>:GXAA\(V#:]?:A,9)I;
MQX$><LQY/[QF`SV`K\9SO(:^3QC.K44G-O8_0<MS.GCVXPBTHH]&I,BOF3_@
MH1_P50_9]_X)^Z&MAXLF?7_&%Y!YFF>$=,G43,ISB29SD0QY'4@DX.`:_(/]
MI?\`X+L_MY_M`ZC<6_ASQU%X#T61B(-*\*ILD5.P>X?,CMCJ05&>BCI4Y7PY
MF6:14X+EAW?Z=QXW.,'@I<LG>79']"%[J^E:<"=0U*W@`&29IE7'YFN;O_CS
M\#M+G^RZG\9?"EM+M#>7<>(;9&P>^"^:_EF\:?%7XG_$BY>\^(7Q%UW7)9#E
MWU?5IK@D_P#;1C6!C%?2T^`W;WZ_W+_@GCRXG=_=I_B?U<:?\>/@?JUP+/2O
MC)X5N92,^5;^(;9VQZX5R:Z6TU/3[]=]A>PSKZQ2AOY5_)%CO78?"_\`:"^.
M7P3U&+5?A+\6_$/AZ6&0.@TO598DW#N4#;6_$&BKP&[?NZ^OFO\`@CAQ.[^_
M3^YG]68.:7I7Y5?\$B/^"XGC?XS_`!$TO]ES]KF>UN=6U9Q;^&/&$2"%[F?'
MRVUR@^4LW19!C)PI!)!K]0_%OB33/!WA74_%VMW(AL]*T^:\NY3T2*)"[M^`
M4FOB\PRS%Y;B?85EKTML_0^APN-H8RA[6F]/R-('-%?S'^+O^"D_[;?B?Q9J
MGB6V_:6\864>H:C/<QV=OK<BQVZR2,XC4`X"KG`'H*SC_P`%"OVXL?\`)U/C
M?_P>R_XU]3'@;&RBG[6/W,\5\2X=.W(S^H#/.*6OPG_X)F?\%7?$O[/8\??'
M3]K'XW^*/&`M='@TSPCX-N=6:9[^\FD\QY@&)$:QI"JF0C@3X`).*Y_XZ_\`
M!PM^WM\4]6G_`.%>ZKHO@726<_9['1M/6>=5YQOGF#,S8ZE0@/\`=%<7^I^:
M2Q4J4+-1M[ST7RZG1_K!@E14Y7N^F[/WWW8[4M?SQ_L^?\%/_P#@I=\8_CSX
M1^&%K^U'X@E?Q!XAL]/:()%RLDRJV!LZ[2?RK^ABTB>"UC@DF:1DC56D?JQ`
MQD^YKR\VR;$9/.,*TDW+70[<!F-+,(R<$TEW,;XG^,K+X=_#C7O'NHS)'!HV
MCW-[*\AP`(HV?G\J_E.\>^++[QYXYUGQMJ<K/<:OJD]Y,SG)+2R,YS^=?T/_
M`/!;3XP?\*>_X)L_$.\M[CR[WQ!;6^@V0SC<;N=(Y0/^V'G'_@-?SDKU-?:<
M"8;EP]6N^K2^[7]3YWB:M>O"EV5_O%H`).`**Z_]GKX<WOQA^/?@KX3Z>"9O
M$OBO3],0J,[?/N$C+?0!B3["ONJDXTJ;G+9*Y\U%.4E%=3Z%\(_\$1?^"BWC
M?PKIOC/P_P#!NU>PU:QBN[)Y-;@1FBD0.A*ELC*D'!I/$O\`P0^_X*6^&M/;
M43^SU)?JBEFBTW6+623`_P!DR`GZ#)K^BC1]+L-"TFUT73(!%;6=LD%O&O1$
M50JC\`!5A@.I'UK\L?&^:\VD8V]'_F?:KAS!\NLG<_DL\5^$O%/@/Q'>>#_&
MWAR^TC5M/G,-]INI6K0SV\@ZJZ.`5/L16?7U_P#\%T?B!X#^(7_!1OQA>^`9
M;::'3K:ST_4+FU8%9;N*$++R."0?E/7E:^0*_2\#B)XO!TZTX\KDD[=CX_$T
MHT:\J:=TG:X'I7[0_P#!K_?ZA)\!/B7I\DKM;1>+;=XE/W5=K8;L?D.*_%[\
M*_H?_P""'W[*FL_LN_L-:._C'3I+/7?&DYU_4K65"CP)*BB"-P>0PB"D@\C=
M@\BOG>,Z].GE#IRWDU;Y:GK</4YSS#F6R3N?8@)/_P"NEK^?+_@I=_P4<_:?
MO/VZ_B7IOPH_:`\2Z-X>T;Q+-I.FZ?I.K/'`@M<6[LH4X.Z2-VSWW5X7_P`/
M"_VXO^CJ?&__`(/9?\:^8P_!6-KT(U/:)<R3M9Z7/9J\1X>G4<.1NSL?U`T@
M.>U?S,_#C]MK]N_XA?$'0_`FG?M2>.7GUG5K>RB5-=ER3+(J<<^]?TK^%-*N
MM$\,Z=H][>R7,UI810S7$K;FE=4"ER3U)(SFO'SK)*N2RA&I-2<K[>1Z&79E
M#,5)QBU8T"<=J3D]#5/Q'K5IX;\/WWB&_<+!8VDEQ,S-@!44L>3TX%?S4?$_
M_@I7^V7XL^)&O^)_#_[2OC"QL-0UFYN+&SM]9D2."%I6*(J@\`*0,4LFR/$9
MU*:IR4>6V_F/,<SI9<H\RO<_IDH-?R_?\/"_VXO^CJ?&_P#X/9?\:]N_X)P_
MM._MK?M#?MO_``W^%VK?M*^-;S3KOQ+!<:M;R:U*R26L!\Z5'&?NLL>P_P"]
M7LXC@O%8:A*K*K&T4WL^AYU+B*C5J*"IN[=C]=O^"Q?Q?/P9_P""=GQ&UN"Y
M\FYU;2AH]HQ;&6NG$3#\49Z_FX'2OV?_`.#G?XP-H/P3^'7P2L[PB7Q#K]SJ
M=W&K=8+2-$`(]"]PI'NAK\8!TKZ7@O#>QREU']N3?R6G^9X_$-;VF/Y/Y5^>
MH5^DO_!LW\'O^$J_:O\`&'QCO+4M;^$_"'V:V<C[MU>3*JD'VBAG!_WQ7YM=
M:_<W_@VQ^$#>"_V-M=^*5Y;[)O%WBF0Q.W!,%NBQK^&XN?SKKXLQ/U?)9I;R
MM'[]_P`+F&24?:YC%O9:GQ[_`,'(GQ?_`.$Y_;6TOX96UWOM_!_A:&-T5N%G
MN&:5LCUV[/P(K\]!P*]E_P""AOQ?/QW_`&W_`(H_$^.Y$MM?>,KR'3I%;(:T
M@D-O;G\8HD/U)KQJO1R;#?5,KI4NT5][U9R8^K[?&3GW;"OZ8/\`@E7\(/\`
MA1G_``3[^%W@&:U,-U_PCBZA?1LN&$]W(]U(#]&F*_117\YW[/GPZO/B_P#'
M3P?\+K"W\V7Q!XELK!8L9W>9,JD?D37]45A#HG@;PG#:RW4-IIVD6"H9IW")
M%%&@&YB>``HY/2OD>.\1[E'#KJV_T7YGO<,TESU*KZ:&F3B@'-?BM_P5D_X+
MF>+_`(D>)Y_@3^QAXNNM&\.Z5>8U+QGI\Y2?594/W8&'*0`_Q=7QV'7XG7_@
MH7^W%C_DZGQO^.O2_P"->/@^#,QQ6'56<E"_1[V._$<186C6<(IRMU1_4#1D
M>M?R^_\`#PO]N+.!^U3XW_\`![+_`(U^BW_!*#]D_P#X*&?M-RZ?\??VG_VF
MOB'H?@)9%GTS1'UJ:*ZUX`@@G)S%;G^]]YQ]W`.ZHQ_"LLMP[K5Z\4O1W?DB
ML-GBQ=54Z5)M_D?K8#13+>)+>)+>/.U$"J"<G`'J:?7R9[P4444`%%%%`!11
M10`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`%%%%
M`!1110`4444`%%%%`!22':I;TYH/`XXKYY_X*D_M/Q_LG_L7^+?B)97IAU>\
MM/[+T#:V&-Y<`HK+[J-S\=-F:F<E"+D^AVY;@*^:YA2P=!7G4DHKU;L?BE_P
M5V_:@/[4O[;_`(K\0:7J!GT/P[<MH>A$/E&BMV*O(O;#R[V!'4;37S'3I9'F
ME:65LLS$L3W)IM?*5)NI-R?4_P!%\DRO#Y)E-#`45[M.*BODM7\WJPHHHJ#U
M`HHHH`****`"NF^#_P`8OB/\!/B'IWQ4^$_BFYT?7-*F$EI>6S<^ZL.C*1P5
M/!%<S133<7=&->A1Q5&5*M%2C)6:>J:?1G]$7_!+S_@IYX%_;_\`A^VEZC#!
MI'C[0[56\0Z&KG;*F0OVJ#/)B+$9')0L`<Y!-[_@K[^RCK?[7G[$'B3P'X0M
M&N-?TB2/6="MT&6GGM\DQ*/5XVD4>Y%?/O\`P;D_LM'X=?L_Z[^TGXAT\+J/
MCF\6WTMY%^:/3[8L`5]GE9B?41IZ5^D)]Q7UV68JOAW3K_:C9G^>_B'EF2X3
MB?&8'+K^Q4G%=;.WO)>2E=+T/Y'KB">TN'M+J)HY8G*21N,,K`X((['--K]P
M_P#@J1_P0DT#]IG7=1^/W[+5[8Z!XTO)&N-9T&Z7R[+6)#DM(KC_`%$Q/))!
M5R>=IRU?CE\=/V</CC^S1XOD\#?'+X9ZKX=U!'81K?VI6.<`_>BD'R2+[J3U
MK]PRK/,#FU).G*TNL7NO\S\,QN6XG`S:FKQZ/H<311D>M&0:]D\\[#X/?M`_
M&W]G[7U\3?!;XI:WX:O%<,SZ3J#Q+(1_?0';(/9@17Z#?LC_`/!R7\;/`D]I
MX6_:Q\`VWC#2MP27Q!H^+748%_O-'_JI\>G[L]3N/2OS)HKS<=E&79C&U>FF
M^^S^\[,-CL7A'>G-KRZ']3/[,7[7'P$_;"\`K\1/@-X^MM8LU(2\MP=ES92$
M9V31'YD/U&#C@FN8_P""DG@SXR?$O]BGQ]\,?@+X<.J>)O$NCG2[6U%PL0\F
M9U2<EF('^I,@Z]Z_G1_9=_:A^+_[(7Q?TWXR?!OQ)+8W]E*OVJV\P^1?P;@6
MMYDZ.C#C';J,$5_2K^R)^TMX0_:\_9Y\-?M`>"T\JVUZQWSV9?<UI<*2DT+'
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MA8(SGN,1G\S4<0YI4RG`>VII.3:2O_78K*\%''8M4Y;6;9^?/P&_X(:?MZ+\
M;/"<WQ*^#267AZ'Q#:2ZU<MJD#A+9)5:3Y0^3E01QZU^SW[;O[3V@?L6?LK^
M)OCIJ5NDK:)IZQ:19.V!<7DA$<$7N"Y&?]D&O8*\K_:Y_8[^"W[;7PXM/A1\
M=[+4[K1;/5X]2CM],U-[4M.D<D:EF3E@%E?@\9P>PK\PQF=3S?%TIXU>Y'=1
M73KN^I]E0RV.`H3CAW[S[G\R/Q:^*WCOXX?$C6/BQ\3-?GU/7-=OGNM0O+AR
M2SL<[1G[J@855'```'`KG:_H#_XAZ/\`@FH!_P`B-XG_`/"LN/\`&L[Q%_P0
M4_X)5>$+(ZGXLTS5]+MAUN-1\<2PQC_@3L!7W-/C/)XQ4(0G9;))?YGS4^'\
MP;<I2C]__`/Q=_96_8U_:'_;/\;R>!/@!X#EU:XMHQ)?WDL@BM;-#G!EE;Y5
MSC`'4^E?6.N_\&X'[>FE>&GUK3]:\&:A>)"7_LJWUB196(_A#/&$S^-?I/\`
M`#XE?\$GO^"</P[O/AK\+/VAO!^E:=<ZB][?,_BA-1N)9F51\SQEV("J`%[<
M^IKD_CQ_P<%_L#?"S1;E_`'B'5/'6K)&3:6&B6#Q12OV#3RA51<]2`3CH#TK
MSJW$>?8S%6P-%\G2\7KZO9'73RG+*%&^)J+F\G^1^#?Q`^'_`(Q^%7C;5/AS
M\0=!GTO6]&O'M=3L+E</!*APRFL>NY_:5^._B3]IOX[^*/CSXMLHK6_\3ZM)
M>RVD#;DMU;A8U)`R%4!<XYQ7#5]]1=65&+J*TK*_KU/F)J"FU';H:_P_\0ZK
MX1\>Z'XLT*Y:&^TO5[:[LIE/,<L<JNC#Z,H-?T7?\%AOB^?@U_P3I^(VMP7(
MBN=7T@:-:L3C+7;"%A^,;/7\_?[)OPXN/B_^T_\`#WX8VT/F?VYXRTZTF&,@
M1-<IYC$>@3<3["OU=_X.=OBZ=!^"/PZ^"-G<[9/$.O7.I74:OUAM(U0`CW>X
M4C_<-?'<0T(XO/<'1]6_1-/]#W\KJ2H9;B*GHOF?C".E%`Y'%%?;'SP$#N*!
MCM7WO_P2%_X(YS?MPQ2_&_XY:C>Z3\/;&Y,-E:V8V7&MS*?G57/^KA7HS@$D
M\#&"1^M?A/\`X)6?\$]_!VAP:!IG[*GA26*!0HEOK'SY7/JSR$DDU\MF?%F7
MY=B'12<Y+>VR/9P>1XK%TO:744]KGXU?\$$OA"/BM_P4?\,:C<P>9:>$=+O=
M>NAMS@QH(8C[8FGB/X&OZ%QTKSOX0_LG?LV_`#6KGQ'\%?@IX>\,WU[;?9[N
M[TC3UA>6+<&V$CJ,@''M7HE?G6?9LLXQOMHQ:2223/K<KP+P&']G)W;=S\J/
M^#GKXP&Q^'?PX^!5I=`'4=5N=8O8L_>6%/*C/M@RR?G7XY5]R_\`!PI\8/\`
MA8__``4.U/P7:W`>U\$Z!8Z8H5LCSI(A=2'Z_OT4^Z5\-5^H<,X;ZKDM)/=K
MF^_4^,S>M[;,:C[:?<%=Y^S%\?\`Q#^RU\>/#OQ_\)^&M+U;4_#-VUS86.M1
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MN8_>V@8;]9OC+X^L?A'\'_$OQ*O"B0^']!NK[#<+^ZB9E7\2`/QKX8_X(G?\
M%:M>_;%@N?V=/V@+B)O'>C:?]JTW61M0:W:I@/N4``3ID%L<,I+8&UJ]-_X+
MK?&'_A4?_!.'QA';W/EW7BBXM=!M1G!<SR;I`/\`MC'*?PK\@S19GC\]C0QG
MQ7226R3?0^\P3P>&RN57#[6;;ZW\S^>OQ/KU[XI\2ZCXGU*9Y+G4;Z6ZN))#
MEG>1R[$GU))JC2"EK]@BE&*2/@KMZGU-_P`$6?A)_P`+A_X*2_#C39[<R6FB
M7\^N7IVY"+:0/+&3[&<0K_P*OZ/J_&;_`(-A?A"VI?%KXB?'*YMLII6BP:1:
M2^CSR>;(,_2%*_9DG%?DG&6)]MG#@MH)+]?U/NN'J/L\!S?S-_Y'SC_P5L^,
M/_"D?^">/Q0\5P7!CN[[P[)I%@5;#>=>,+8%?=5D9_\`@%?S4U^U?_!S;\8C
MX?\`V>_`_P`$[2X`D\1>(WU"ZC#8)BMHR%/N-\O\J_%0=*^KX*PWLLK=5_;D
M_N6G^9X?$5;VF.4/Y5^85^C/_!M5\(G\8?M@>(OBM=6I:W\(^%'6.4KD">ZD
M$:CV)19"/]TU^<U?M]_P;1_"4>#/V1O%WQBOK?9+XN\6&."7;]^ULXMBG/?]
M[)<#\*[N*L3]7R2I;>5H_?O^%SFR6C[7,87V6OW'QQ_P<6?%[_A8?[>J>!K>
MXWVW@OPO:V"@-QYTI:XD..Q_>*I_W!7P17J/[;/Q:;XZ_M;_`!$^*PN1-#J_
MBN\>TD#9#0+(8XB/JBJ?QKRZO2RG#?5,MI4NT5]_4Y,;5]OBYS[MAFOZ+O@[
M;0?L.?\`!'33=2NT^RW?AWX3MJ5SGAH[ZXMS.P/J5FFV_P#`:_`_]E?X53?'
M#]I+P-\)8H/-&O\`BBSM)H]N<PM*IDX[_(&K]M?^#@_XK0_"C_@G7+X$T^?R
MY_%_B&QT:!5;!\E`]Q(<?W=L&T_]=!7S7%+>*QV$P2^U*[_!?YGKY+^YPU?$
M/HK(_!"ZN9;VZEO)VR\LC.Y]23DU'0**^U225D?/7N?7_P#P0V\#^'O$/_!0
M+0OB!XVU*VLM!^'^BZCXDU>^O7"0P)#`8HW=VX4++-&^?]BO2?\`@K[_`,%E
M-?\`VL-2U+]G;]GN^ET[X;VUQY5_J<;LD_B%E/)(XV6^X<)U?&6X.T?!6C^,
M_%7A_0=5\,Z'KEQ:V.N1Q1ZO;P2;1=QQOYB(^.JA\-MZ953V%9E>14R>CB,T
M^NUO><4E%=%Y^MSNACJM+!?5Z>EW=OOY!P.:DLK&^U2]ATS3+22XN;B58X((
M$+/(['"JJCDDD@`#J35WPAX3U_Q[XLTSP1X4T\W>J:QJ$-EIUJKA3-/*X1$R
M<`99@.>*_=O_`()3?\$7/`W['5E8?&SXYQ6?B#XE2();=?+#VN@9'"0Y^_,.
M<R\8SA0,;F6<YUA<GH<T]9/9=_\`@#P&75LPJ\L=$MV>*_\`!)G_`((2VV@C
M3/VD_P!M705FO@R7/A_P#<Q;D@QADFO,\,V>1#C`P"Q)^4?K!#!#;0I;V\2Q
MQQJ%2-%P%`X``'04[VHK\?S',L5FF(=6N[]ET7DC[[!X*A@J7)37J^X8'I11
M1GG'M7`=844FX=J,\XH`6BC@<DT@88H`6BC(-)D9ZT`+11FDSGI0`M%'4<&C
M.!S0`44FX#K2Y`H`**3<,XS2]>:`"BC(HR*`"BC(Z9HR*`"BDW+ZT$]Q0`M%
M`(/2CF@`HI-P'>E)`ZT`%%`(/2D#`]#0`M%)D'_]5&1T%%P%HI`P-`/.*`%H
MI!C&,YI<CUH`**`:*``G`S7XM?\`!QY^U)_PG?QN\._LQ>'M19M/\'VIU#6(
MT?Y7OYUP@([E(NGIYK>M?L)\6/B3X:^#_P`-==^*'C"Z\G3-!TN:^O9!C(CC
M0L0,]6.,`=R17\OGQU^+GB7X]?&/Q+\9?%\[2:AXDUF>^G#,6\L.Y*Q@G^%%
MVJ/917FYE6Y*/(NOY'[MX#\-_P!I<13S2K'W,.M/\<M%]RN_FCDZ***\$_L(
M****`"BBB@`HHHH`*Z?X+_"KQ-\<?BQX>^$'@V'?J?B/5H;"URI(0R,`7('\
M*C+'V4US%?I+_P`&XW[+9^('QW\0?M,^(+`-IW@RT6RTEI$R)+^X!W%>V8X@
M<]P94K;#TO;5E`^7XSS^GPSPUB<PD]81]WSD](K[VC]AO@]\+_#7P6^%V@?"
MCP?:B'3?#^E06-H@&"5C0+N/^T<9)]2:Z7ZUX5^V+_P47_9=_83.E6W[0?BN
M_LKO6[>:;2;/3])FN7N5C*A\%!M7!91\Q'6OCCXE?\'/?[.VD!X?A-^SIXOU
MR13A9=;O;;3HS[CRVG8CV(4_2OO,)DV9XV"E0I-QZ/9?>]#_`#FQF:X:-:4J
M]3WF[OJ[O4_3LC..>E8?Q!^&/PZ^+'AV7PC\3O`VD^(-+G'[VPUG3X[F)O?;
M(",^AZBOQ[MO^#FSXWZO\2='-_\`!7PYHWA4:I#_`&REO)-<W9M-X$FUF(7>
M%R1A>H]Z_8'X8_%+P#\9?`FF_$OX9>*+/6=%U:V6>RO[*8.CJP!QP>&&<%3R
M#P:O'93F.4\LZT>6^S3_`%74QPN/P>/YHTW>W<^+/VC?^#>?]A_XQ>?JGPQC
MU7X>ZG+DH^BS^?:!O>"4GC/967V(K\YOVQ?^"$7[8O[+.G7GC3PG;6OQ"\,V
MBM))J/AV%UNX8A_%+:MEAQR=C2`>M?T&5!J-Y8:=I\U_JMS%#;01,\\T[A41
M`,EF)X``SDUVX#B?-\%)+GYX]I:_CN<V*R3`8A-\O*^Z/Y(V5T=HY$*LIPRL
M,$'Z4E>U?\%&/%_PF\>?MQ_$SQ9\#;2VA\+WGB:4Z;]B0+#*555EEC`X"22K
M)(,=G%>*U^P8>JZU"-1JS:3MVN?!58*G4<4[V85^X/\`P;)^(=7U#]C?QGX=
MO#(]IIWQ%F:R9CD+YEC:ET7T`*[OJ_O7X?5_0;_P0@^!=_\`L]?\$Z=,UOQ/
M8&VO?%^J7?B:Z1QAEAD2.*'.>1F&WC;'8L:^7XTJ4XY1R/>4E8]GAZ$GC^9;
M).Y^:7_!P9\7F^)O_!0_5/#D%WYEIX-\/V>CP*&R%?#7$O'8^9.P/^Z*^'Z[
M[]J?XJS?'']I+QS\6YK@RC7O$]Y=0R$]8FE;R_\`QP+7`U[^68983+Z5+M%?
M?U/,QE7V^*G/NV&?:OZD/V(?A&WP'_9%^'/PEEMO)GT;PC91WT.W&RY:,23#
M_OZ[U_-7^RSX9T#QG^TQ\/\`PGXJFC33-1\9Z9;W[2D;?)>ZC#@YX`(R.?6O
MZI8U`C54Z!0!7Q7'E>7[FBMM7^27ZGT7#--7J5.NB'D@=:^(O^"C'_!;?X%_
ML3:C=?"[P)I*^-O'\!V7&EV]R([/3&_Z>91D[A_SR4;O4K79_P#!8+]M^\_8
M@_9%OO%7A&[">+/$UT-'\+D8S#,Z,TEQCTCC4G/]XH.]?SF:KJFI:]J=QK>M
M7\UW=WD[S75S<2%WFD8EF=F/)))))/K7F\,<.T\S3Q&(^!.R7=_Y'7G6;SPC
M]C1^)[OL?4O[07_!:+_@H+\?[N>.?XV7?A7396.S2_"`^PB->P\U/WIQZ[Z^
M9?$OC+QAXSU.36O&'BS4]6O)3F6[U.^DGE<^I9V)-9HXKV[]B+_@G]^T-^WQ
MXYN/"/P4T:UCM-/"MK/B#596BLK!6Z;V569G.#A%!8^PR:_1E0RW*Z#FHQA%
M=;(^2=3%XRKRMN39X@1GJ:.0>E?M3\$/^#9;X">';:"\^/?QMU[Q+=@`SVNB
M0)86V?0$[Y#Z9R,^@KSS_@M%^S9^PW^P+^R+I_PC^!OP;T>S\8>-]6B0:Q>@
MW6H1V5NPEE=99<M%N<1H=FT$%@<YKR:7%.78G&1P^'3FY.U[67KK_D=L\EQ=
M&@ZU5J*7WGY-#D44#I0>E?3'DGVU_P`&_P#\(5^)O_!0[1/$=U;;[;PAI%WJ
MKMC(639Y,>?QE-;?_!Q7\7C\1?V]QX&M;K?:^"_"]KIZJI^432EKB0_7]ZJG
M_<%?1'_!L%\)8;+PE\4OV@]0M\"2\M="L9\=!'&;FX'_`)$M_P`C7YH_MJ?%
MQ_CM^UG\0_BQ]H\V+6/%=Y):R!LAH%D*1$>Q15/XU\CAO]LXLJU.E**7S?\`
M3/;J_N,DA'K-M_)'F`XK1\(>%]7\<>+-+\%Z!")+[5]1@LK)">&EED6-!_WT
MPK.KZ<_X(Z?"`?&;_@HG\.M!N+42VVEZD^KW2LN1LM8VE&?^!!?QQ7TN-KK"
MX2I6?V4W]QY-"FZU>--=6D?T*?L[?!OPW^SY\#?"GP5\)6J16/AO0K>Q0H@7
MS71`'E(_O.^YS[L:[2C%%?@4YRJ3<I;O4_4814(J*V05#?WUMIMC-J-[*(X;
M>)I)9&Z*J@DG\A4U>*_\%%OB\OP)_8@^)OQ.6;9-8^%;F*S;.,SS@01#/;+R
M*/QJJ-*5>M&FMVTOO)JS5.E*;Z*Y_.1^UM\4[KXW_M0>/_BU>2%FU_Q9?7:9
M;.V-IFV*#Z!`H'L!7GE!)8EF8DDY))HK^@*-.-&E&$=DDON/RV<G.;D^K"OW
MH_X(O_L,?L\S_P#!/GP=XN^+G[/_`(,\1ZWXDDN]5EU'Q!X6M+R?R99F$*!Y
MHV8((D0@9QDD]Z_!W3K-M1U&WTY)%0W$Z1AF.`"Q`R?SK^H#]GKQI\!/A!\"
M?!_PNM_C!X2C&@^'+.R9%\0VV`\<2JW\?][-?&\;8BK#"TZ5.]V[Z>7_``Y[
M_#M*G+$3G.UDNOF73^P]^Q81C_AD+X7_`/A`Z=_\9KY?_P""E?\`P2-_8L\5
M_LN^-_B;X!^$6E^#?$OA7PO?:Q8:CX=M_L\<AMH'G,4D281E8(5S@$;LYXQ7
MUSK?[3/[.GAO3I-7UWX\>#K6WB&7EE\26P`_\?YK\V/^"P?_``6P^"WB;X.:
MW^RW^REXA;Q#?>(K9K/Q#XHM5*V=K:MQ)#$YYED<?*2!M"L>2>!\7DU/.:^.
MA[!RW5WK9+SZ'T.83RZGAI>T4=M-KGX\BEH&<<T5^U'YZ>\_\$P?&FL>`OV^
M_A9KVBSLDC>++>VE"MC?%*3&ZGV(8U^@'_!T%\86&D?##X!6ER0)+F[U^_BS
MP2J_9X#CVWW'_?5?&G_!%'X,ZK\9?^"BW@6*SLVDM?#=Q)KFI.%RL<-NO!;T
M!D:-?JPKJ?\`@O\`?%&X^('_``48\0>'?/+0>%-(LM,CCW9",8A,V/3/FBOD
M\51IXGBRC;>$&W]]E^9[5&I*EDD^TI67ZGQ1THHHKZP\5'[Y?\&[/PB;X?\`
M_!/VW\>75MLG\:>)+V_1RN"T$+_94'_?4,A'LU?>)^E?//\`P2?U7PMJW_!.
M;X03^$)HWMHO!=K!<%&!VW48*7`..A\X29[UVG[8?[6GPM_8Q^!NL?&CXHZS
M%%'96[#3-.60>?J-T1^[@B7.68MC)Z*,DX`K\*S%UL;F]6R;E*3277>R/TK!
M^SPV7P;>BBC\:_\`@XU^,J?$+]O"#X;6-Z)+7P/X6M;26-7R$NKC-S)]/D>`
M'W6O@(5U'QJ^+7BOX\?%OQ%\8_'%VTVJ^(]6FOKQRV<,[$A1[*,*/8"N7K]F
MRS"?4<OIT.L4K^O7\3\]Q=;ZSBIU>[_``"3@=37]!_PG)_85_P""(\7B!0+7
M4=*^%LU_&_W2+^\B+1,>^?-G3/?BOPB_9U^&=Y\:/C[X+^$E@&\WQ)XIL--W
M*,[%FN$1G/LJDL?8&OVJ_P"#A_XFV'PH_8$T[X3:(RVQ\4>(+33[>"/C%M;H
M967']W"(/RKYOBB^*QV$P2^U*[]/ZN>ODUJ.'KXCLK(_"/O1117V:22T/`NS
M[@_X-\_A#_PLW_@H=IGB.YM!):^#O#]YK$Q9>%?"P1'V.^93^!KW'_@YZ^,`
MU7XF?#?X&VEQE-'TJZU:\16X$MPZQID>H6$D>SFNW_X-?_A#]@\#_$[XYWEM
M\VI:C9Z-92,O(CA1YI,'T+3(#[QBOB#_`(+3?&#_`(7#_P`%'/B#=P79EM?#
M]['H=J<_=^RH$D&.V)?,'X5\13_V[C*4NE*/XV_X+/H9?[-D$5UF_P"OR/E:
MBBD)Q7VY\\+17<>)_P!F_P"-O@SX,:+^T#XJ^'U]8>$O$5_)9Z+JMU'L6ZD1
M=Q*@\E2,X;&&P<$XKAZBG4IU5>#OTT[H<HRB[-6)],U*_P!&U*WUC2[IX+FU
MG2:WFC.&1U(*L#Z@@&OZ:/\`@F[^U;8?MD_L?^$_C.+E6U-[3[!XBB#Y,6H0
M`),#_O?*X]I`>]?S($9K])O^#<7]KU?AA^T!JO[*_BC4F32O'D7VG1DDD^2/
M4H$)(`[&2($>YC7VKY;B_+?KF6^VBO>IZ_+K_G\CVLAQ?U?&<DG[LM/GT/V^
MXZT4#!'%%?D9]Z!.!FOR\_X+._\`!93Q[\!?'C_LH?LF:DEKXDMT7_A)_$J1
M++)92.`4M;=2"/,P<LQ!QN4`9S7Z.?&GXH^'O@E\)/$GQ>\5R;=/\-Z+<:C=
M`'!=8HR^P?[3$!1[D5^!G_!)_P"&>O\`[<O_``5`TWQ[\1X_[1^S:K=>+O$;
MS+N1G23S$!!SA?.>,`=!@"OI^'<#AIJKC<2KPI*]NC?3^O0\3-\36BZ>'HNT
MIO?LC9^-GP[_`."VW[,OPFLOVM?BM\:?B'INCW-Q$9=_CR:62S:7'EF>T\TK
M&I)Q@K@'`(&:_2K_`((C?M__`!`_;C^`&KV_QBFBN?%7@[48K.]U**()]OAD
MCW12LJC`?AE.."5S7L?_``48_97\8?MF_LH:[^SUX&\7V&AW^LW%JPU#4HI'
MA6..99'4B/G)"X%>6_\`!(S_`()F^+_^"<WA?QCIGCGX@Z3XAO?$]_;2QW&D
MVTD:Q10QL`K>8,D[G8^E:XS-,#F632=:,8UE+W5%6TT,\/@L5@\QCR-NFUK=
M]3TO_@I1^U[IW[$_[(WB7XQFX1=8>,:=X8@8C,VHS!A%@'KM`:0_[,9K\7_@
MK_P58_X*9>+OC7X+\+:Y^U'KS6FO>(;*-H9K&U5)X)+D1L!B'.TX=<CT->L?
M\%COCYXL_P""@7_!0/P_^Q+\'M0>YTGPSKBZ+"D)W1RZK(X2YG.#\PB`V9[;
M'QU.?/?%WPZ\-^&_^"V'@[X`^"(`ND>$/&'ASPYIZI@$BTM[:.1CZLTHE<GJ
M2Q)Y)KV<GRS"8;+FL134JDX2GJOA2VW[WN>=F&,KU\8G3DU",E'3J^I^]WCC
MQAI7@#P1JWCG79ECL]'TR:]NI&;`"1(7//T%?A!\'_V_?^"PO[:?QVUGP%^S
M'\<];N;J8W>I6NDQ1V,,5K9+*,#=+'@!0Z*,G)K]+_\`@NO\?#\#/^"=WBJQ
MT^\,6J>,YX/#VGE'P=LS;K@^N/L\<HR.A9:^'?\`@WK^(?[,7[.>E_$#X[?'
MKXS>&_#=_>O;Z3I5OJVH(DQ@4&65U4_-@ML&1UQ[5Y>28>&'R:OC94E.5THI
MJ_X?/\#MS*K*MF%+#J;BK7;3L>?_`!-_X*)?\%K/V$/B)8Z5^T=XSU-9KE//
MM;'Q+I5K-:WL0.&V/"B@CL<-D<5^NO[$W[9VB_M7_L9:/^U9J>DIHXFT^[?7
M+/S<QVT]JSI/M8_P9C+*3SM(S7Y#_P#!<7]O#X;_`+=OQP\)?#?]G%[C7=(\
M,126\.I06S?\3.^N'4;8%(W,JA54'`W,QP,`$_5OQ.TKQ5_P3:_X(`M\+/%T
MC6?BSQ3I\NG36_F8>VFU2=Y)H^.A2W:13CHPZUV9G@:&)P&%YJ*IUZDDK15M
M/3[CGP6)J4<564:CG3BF[O74^2_AY_P40_X*X?MH?M&ZSX`_97^-^MR/?7=Y
M?:1HD4=E%':V*N2J[Y8^-J%1R<DU<^+/[?\`_P`%MOV$/'6GVO[1OC?58FO@
M9;&W\1:7:3VEZB'#A'B0`XR,X;(R*Z[_`(-Z?'/[-/P"U3X@_'WX^_%_PWX:
MNC!;Z/HD.L7Z1RNAS-/(JGYL<1+D=<L.U<U_P7;_`."@7PE_;:^)?@WX6?LZ
M7\FNZ/X4%P9]7AMV"W][<,B".`$;G550?-CYFD(`^4$^JJ5!YU]3CA8NE%>]
M)Q\KWOL<3G-9=]8=9\[>BOY]C]9/^"??[:FF_MI?LDZ5^T=JFDP:-<[;B'7[
M19LQ6UQ;DB5E9N0A`W#/(!Y]:_+G]E7_`(*2?M\?ME?\%(='^''@O]H36K#P
M9K7C6:Z71H;2VV0:/%*TIB),1;!B4*3G.6-?04GA[Q7_`,$S_P#@@CJF@>,8
M3IWBWQ993PR6I(62WGU-]IC;C.]("0>X(Z\5XO\`\&T_P6L#\1?B-^U9XL5(
M-,\'Z%'IUG>S\(DLX:6X<'MY<,(S[3"O%PV$P.'PF-Q2@I13Y87UZ]/O1Z%>
MOB:U?#4&VG:\CH?^"UG_``5`_:E^$G[947P)_9:^,6H^'K70]&MH=4M]+MX9
M3=7\Q,F#YD;'<%:-<#^M>.+^T+_P<*/&)$O_`(JD$9!_X1:#G_R7KQCX8?'+
MX:?'+_@I];_M'_M%^*8](\,7WQ`DUW4;F]1I/*MXI#)!"0H))`2)/3BOV[^'
M_P#P5R_X)^_$_P`::7\.O`7Q[M=0UC6;R.TTRQ@T^XW32N<*HRF*[,9".3X:
MC2IX-5'RWE)QOKZV.?#O^T*]2<Z[AK9*YY-\(/C[^U7^S;_P2+\3_M*?M?\`
MC'5[GQ^MA?7-BFN6L<-Q9N[_`&>TB**B@'?AQD<[Q7Y^_LN?M3?\%S?VRUUN
M;]GGXZ>(-;7P^L3:F?\`B70A/,W;57S(AN/RG@>WK7UM_P`',_Q\'AC]GKP;
M^SOI5\5N?%7B`ZGJD:'K9VB$*C>S32HP]X*R?^"(/[07[&G[&W[$,WB7XP_M
M`^&-%U_Q3K5QJ.H:?/?`W,<,1\F)#&,MN(1F`[AQ7+A(QHY-/'>PC*=2?NQY
M;I+R7;?\#>NW4S".%]JU&$=7>UV?,ME_P5[_`."K/[$WQL_X07]J#5+G5KC3
MY8WU;PUXJTR&-YK=N08Y857`(SM<9'UY%?J-^US_`,%+O`_[.W[!&F?MD:'H
MWVZX\7:592>#M'GDV^?<7<0D3>1_!&FYV(ZA,#!85^.O_!1/X\7?_!4K_@H6
MLG[.GAJ^U"VO4M?#_A.%[8K+>)&6+7#(,E%+/(W/(C4%L'('VO\`\%QOV3O'
M7@+_`()I?"#P_P"&(9;W3/A0EK8>(#;@MLC-I';I,1_<5TP6[>8/6NC'X#+Z
MN(P4:U-4YS?OQ6FG9^KT,L+BL73I8ATY.48_"V?-WPLC_P""VW_!3VWU;XX?
M"_XO>*+71[6[>&-M-\6OHEF9%`)@@2)T\PJ"`2<XSR<UZ#_P2?\`^"JO[57P
MY_:TTG]C?]J_Q;J7B+3=;UTZ"LNOS&6^TG4BYCC'G-EI$:7"$,3]\$'C!]!_
MX-[_`/@HQ\)O#_PSA_8<^*6KPZ-K$.L7%QX0O;EPD&H+<.9'MBQX642%BH/W
M@^!R,'W31/\`@A;\+;#]M"V_;.U/XX:[>ZG;^.%\3C1Y-/@6!KA9_/2/(&X*
M'"\]>*688S"4*N(P6,HQA!+]W:.OD[E83#UZL*6(P]1RE?WKO]#[P`YR#6/\
M0_'WA7X6>!=8^)'CC58['1]"TV:^U.[E/$4,2%V/N<#@=2>*V!@#VK\Z?^#C
M_P#:4F^&'[*&C_`G1+]HK_X@:L1=A&P38VVV20'U!D:(5\7EV#EC\=3P\?M.
MWRZ_@?18S$+"X655]$?(?Q-_X*+?\%(/^"J'[1=Q\(OV,-3UOPSHH\U]-TGP
M_J'V&5;16Q]IO+H,"A.1G#!06P,GFN%U[]K+_@JK_P`$LOVBK?P;\:_BYXAU
M.Z@2&\N=#\1^(I-6LM3M&)^[)(SE0=K#<A!!'MBON'_@VK_9Q3P)^S5XE_:)
MUJP5;_QOK0M=-E=1N6PM`5X/4!YGD)'0B-#VKH?^"J__``1S^,?_``4*_:!T
MSXN>$OC+X>T*PTSPU#I<-CJEG/))E999&;*#&"9#7VW]IY3A<SE@)TX*A%--
MM7;?KZGS7U/'5L''%1G)U&[VOI8^M/&7[8/PF^'W[),7[8WB^^DM?#$WA:VU
MJ*,E3-(L\2R10*,X,C%U0#/6OQX?]K[_`(*Q_P#!7'XU:OH/[,'B+7/#FBV#
M&9-+\-ZT=-MM,MV8B/[1=J49Y"!Z_,0<*`./0?\`@OG\3+GX)_`KX+?\$\M!
MUM9AX=\,6EYXFFMB56Y>W@6UMP1V!99Y2#ZH>U?:'_!";]G"S^`O[`GAWQ)=
M::D6L>.G;7=0E*8=HI#MMU)]/*56'L]>?AJ6%R;*'CW!2G4DU#F5TEWL==6=
M?,<<L+S.,8J\K=6?F;X/_;__`."EO_!,;]IY/AI^T?\`$/Q!KD6F7$/]O^&O
M$NKG4H[JT<@^9#.[,P)7)5U;&1R*_5O_`(*F?M@ZG^S3_P`$^M;^.7PYUYM/
MUS6[>SL_"EV@4O'<79#*ZA@02D0DDP0?N'BOR/\`^"Q_B]_VE_\`@JMKO@7P
MJXE:SU'3_"MK)'R&F7:C_P#?,LC*?=#7O_\`P<A?&!=$TWX4?LBZ1>-Y6AZ0
M-5U2!9.-XC%M!N'J%64@_P"V:]+$9?0S#&8&3IJ,IKFFDK*RL]CCHXNIA</B
M8J3<8NT;]WH>:_LU_'W_`(+U?M=>"-3^(?P"^,OB/6]+TF\%K=3`Z=$3-M#;
M45X@7P",XZ9J;X/?\%M?^"B7[*/QZ7X;?M<W$NOVVF:DEKXIT'Q!IT5O?6Z-
M@EDDC5=K!6#KD%6!'8U]??\`!+S]K+]A7]AC_@G?X2T/XD?M$>&;+7KZTEUS
M7]-MKL377VBX8NL7E1Y8R+$(D*]<H:_-KXJ7/BG_`(*R_P#!3_5M8^$7A.Y"
M>._$D"VL4L9!M=-MX(;?[1/C(0""`.W.`3C))%=&&AA<9BL1"OA8QH03M+EL
M]//[WH8U75P]&E*G6;J2M=7N?M;_`,%,/VM;G]F__@G]XI^/G@+67L]7U'2+
M>W\*72JN^.ZO"JQ2*&R"41FEP<C]V>M?E-^S?^T[_P`%V?VMO"VN^,?V?OC/
MXG\067AV6.+4C!'IZ,LCJS*B*\0+G"GA<]O6O;O^#DKXO6WA#P5\+/V0-!U!
MF2RLO[4U&,-UCB06UON'OB4CZ&O2?^"1W[3'[%W["'_!.2PU;XI_'3PY9^(-
M:N;O7M;TF"]66]+O\L$`B3+%O(BB^3LS-ZUY6!P\,#D*Q$:"J5*D_=O&^G](
M[<35EBLS=)U'",8ZV=M3YQ_9'_X+Z?M8?`WXHS>!/VSVE\3Z-`\]OJ?VC34@
MU.PN$5L`;`H;]XH5E8<`D@\<E?-7PV^$OC?_`(*@_MYZ_;>!]-EM3XMU;4]9
MN)?+XL;<"21"^,@9/EI_O/17M8S+>&(U$\4E3FTFTG;\#@P^,SAP_<MRBGH]
MS]0O^#BO]J3_`(5?^S7I'[/'A[4VCU;Q[?,U^D38*:=;E6?=CIOD:-0.A`?T
MK\1:^F_^"N?[49_:I_;9\3^)-*U)KC0_#\QT30?FRGDP,5=U]FE+MD=<@]Z^
M9*_",;5]MB&ULM#_`$I\+>'H\-<'T*516J5/WD^]Y;)^BL@HHHKD/T7GAW"B
MBB@.>'<****`YX=PHHHH#GAW%CC>618HU)9F`51U)K^D?_@EM^R\/V3?V+_"
M7P]O]/2#6;VT&J:_A,.;NX`=E;C)*#:G/3;CM7XJ_P#!(;]EQOVIOVW?"VA:
MIIPN-"\.7`US75D3=&T5NP9(V'0AY-BD'@C(K^C%`%4*JX`]*]G*Z-DZC]$?
MR]](#B55*V'R6E+2/[R?J](K\W\T?G9_P<;?LKZY\9_V8-!^.7A'2VN;_P"'
M&H3R:A'$N6.G72QK,W'78\4+>PW>M?A?@=A7];>L:-I7B'2KG0M=TV"\LKR!
MX;NTNH@\<T;##(RGAE()!!ZU^*/_``4Z_P"""WQ+^%'B+4?C/^QMX=E\0^$+
MB1Y[OPI;.7OM(SDD1*>9X1VP2Z\9#`;A^L<(Y]0H4OJ6(=M?=;VUZ'\?9]E=
M6I4^L4E?NOU/S2KU3]F[]MK]J7]DC4FO?@#\9=8T*&9PUUI:3^;97!]7MY,Q
MD]MV`P'0BO,M3TS4=%U";2=8T^>TNK>0QW%M<Q%)(V'565@""/0U!D5^A5:5
M'$T^6HE*+[ZH^6C.I2E>+LS[XLO^#C?_`(*$6VE+93Q>"YYU3;]K?P^P)/9B
MHDQFO"_VE/\`@J=^W-^U9I4_ACXI_''4(]#NN+C0=#46-I,/[LBQ8:5>!\KL
MPR,XKY[SB@D"N&CDV58>ISTZ,4^]CHJ9AC:L>6=1M>H45I>$_!OBWQ]KD/AC
MP/X9O]7U*X<+!8Z;:/-*Y/HJ`FOT5_8(_P"#>;XU?%C4+'XA_M?N_@WPR'60
M>&XI`=5OE'\+@96V4^Y+_P"R.#5X[-,#EM)SKS2\NK]$3AL'B<7/EI1OY]#P
MW_@DW_P35\:?MW_&NSUG7]*FMOASX=OHY?%&JNI5;K:0PLH3CYI'X#?W5)/7
M`/[G?MJ^(;?X+?L+_$S6_"EO%8+H/PVU--(C@&Q+=ELY$A50.@5BN![8KN?A
M!\&_AI\!/A]IWPL^$7@VRT+0M+BV6=A8Q!5'JS'J[D\LQR23DDUE_M1?!U?V
M@_V<?'/P1-RD#^*?"U]IMO<.,K#-+"RQR$>BN5;\*_*,SSN6;YE"I4TIQ:LO
M*^K]6?<8++5@,'*$=9M:OS/Y5@<YYI:Z?XQ_!CXF?`#XA:C\+?BWX2N]&UK3
M)VBN+6ZB*[L$C>AZ.AQD,,@BN8K]DISA4@I0=T^I^?RC*#M)68J.\;AT8JRG
M((."#7T+^SQ^V'^WOXV^)'A'X(>$?VOOB5;P:QK=GIEK!%XPO&$"2RJGRYD.
M%523@<`"OGG-?7W_``0O^$/_``MC_@HUX.EN+3S;7PU#<ZU<DC(7R8R$)_[:
M.@^I%<.:NA3P-2K4BGRIM75SHP?M)XF$(-J[1]+_`/!SUJFNP>+/A#X1GDE;
M3K;1+^>-Y'+;[AGA1R2>K;43D\\U^57':OZ$/^"W?[`7B;]MS]FRSUGX7:>M
MUXU\#74M]I%F#AK^VD0"XM5/]]MD;KG^*/'&ZOY^=;T/6?#.L7/A[Q%I5Q8W
MUG.T-W9W<)CDAD4X*LI`*D'L:\;A#%T*V4QI1?O1;NOG>YZ.>T*E+'.3V>S*
MM?HA_P`$-_\`@J#\"OV)+3Q5\)/VAA>:=I'B._BOK#Q#9V+7"6\R(4:.9(\N
M%(QM95;!SG`YK\[@0:4<]*]W,,!0S+"RP]79]M]#S<+B:F$KJK3W1_0#\<?^
M#@;_`()^?"_PM/J'@3QAJ?CC6/*S9:1HFE2QJ[D#'F33A$1<GDC<PP<*3Q7X
ML_MK?MC_`!3_`&Y/CI?_`!L^*-PL32H+?1](@<F#3;12=D,8/U+,W5F))[`8
MG[/7[+'Q^_:J\80^!_@-\,M2U^\DD"R2V\.VWMP?XI9FPD:CJ2Q%:G[9/[+F
ML_L:_'"Y_9]\5^+++5]=TC3+.;7I-.5O(M[FXA6?R$9N7"QR1Y8@9)/`KQ\J
MRC)\IQ7)2ES56NKNTOEL=V.Q^/QU'FJ*T/PN>5T45=\-Z)>>)?$5AX<TZ%I+
MC4+V*V@C099GD<*H`]22*^DE)1BV^AY*U=D?MY^Q'(G[%'_!!?5_BRX^RZGJ
M/A;5M;AF`PQN[S=#:,?IF`?1:_#;N37[<?\`!=+7[']FG_@F!X+_`&:=$F2&
M34[G3='V0'&^&T@WR''H6123ZD5^(XKY7A6+K4J^+EO4F_N1[6=-4YTJ"VA%
M!7ZB?\&P_P`'QK7QN^(OQPO;0&+0/#UMI5E(Z_\`+:[F,CE3ZJEM@^TOO7Y=
MU^]7_!NE\'_^%>?L'OXYNK01W/C/Q-<WQ8CEX8PL$?/I\C''N?6M.+L3[#)9
MQ6\FE^K_``1.14O:YC%_RW9]]4445^/'Z`%?G;_P<G_&'_A"_P!BK1OA1:7)
M2X\9^+8!/&&XDM;13,X/_;7[.?PK]$J_$;_@YD^,`\2_M/\`A#X-6ET6B\,^
M&#=W,8/`FNI#C/OLB'X$5[_#&&^LYU272/O?=_P;'E9U6]CET_/3[S\U****
M_:3\\N@Z'(J3[7=?\_,G_?9J.BDTGN%Q\D\\HVRS.P]&8FF49'K5[P_X7\2^
M+;X:9X5\/7VI7+$!;>PM'F<YZ?*@)I-P@KO0:3EMJ4>!4^E:5JFO:I;Z+HFG
MSWEW=2K%;6MM$7DE=C@*JKR23T`KZN_9H_X(G_M\?M(WL%S_`,*L;P=HLA!E
MUOQBYM5"'ND.#+(<=,+CU85^MG_!/G_@C/\`LW?L-R0>/+Z(>,O':Q@?\)'J
MMN`EDV/F^RP\B+/3><OC@$9.?GLTXGRW+J;49<\^B7ZOH>I@\GQ>+DKKECW9
M@_\`!$S_`()N:A^Q'\%[GXB_%/38H_'_`(VMX9-0AQE]+LA\\=IGL^3ND`_B
M"@YV"OR/_P""P-M=6O\`P4K^+B7<3([>(T8!QR5-M"5/T((-?THU^-O_``<4
M?L#>-;/XCP?MM?#G0)K_`$;4[2*R\8):1%WL+B-<1W#@<^6Z`*6Z!D`.-PS\
MAPUFSJY].KB9:U%;ROI9?A8]_.,`J65QA16D'?\`X)^5M%%&:_4CXL]9_9^_
M;M_:]_97TN70?@%\?-=\.Z=/*99--@E2:U\PC!<0S*\:L1U8*"<#TKG/CA^T
ME\>?VE/$B^+/CS\6M<\4WT:[8'U:]9T@7^[%'PD0[X10,\UR6BZ+K'B358-"
M\/:5<7U]=2".VM+2%I))7/155023]*^[OA/_`,$<?%WPE_90\:_MK_MJZ>=%
MT_0/"MS>>&_!#RE;J\NV0I;&[*_ZE#,\>(\[S_%MZ'RL56RO+ZJJU%%3D[*R
M7,V_Q.RC3QN)AR0;<5KY(^"**1?I2UZIQ:'VC_P0-^$'_"T/^"BOAW7+BT$M
MMX2TZ[U>0LN5601F*//ONDR/<5[7_P`'.?QA.O?'_P"'WP1L[DF+P[X:FU.\
M16X\^[FV*I]UCMP?I+7>?\&OOPA`TSXH?'J[M,;KBST&PG*]2JFXG7/MNM_S
MKX;_`."O7QA'QL_X*&_$?Q-!=&:UL-7&DV;9R!':HL/'I\RM7QE/_;>,92Z4
MHV^;_P"'9]!+_9L@BNLY?@O^&/FNBBM#PAX7U3QQXNTOP7H46^]U?48+*S0_
MQ2RR+&@_[Z85]C*2A%R?0\!+FDDC^@K_`()#>$-,_9?_`."5?A[QQXBMQ`L^
MBWWBG5,\-Y;;Y0<^\2*1]:_G]^(?B_4_B%\0-=\?:S.9;S7-9NM0NY">6DFE
M:1C^)8U_03_P5.\4:3^R?_P2?\0^#O#TXM4@\+V'A72%0[6PXCMP`!_TS5L^
MP-?SO5\7PA%UYXG&2^W*WZ_J?09ZU2C1PZ^S$*]^_P""77P(TO\`:/\`V\_A
MS\+O$.C0ZAI4^LF\U>SN8]T4UK;1O<2HXZ$,L97!X.['>O`:_2[_`(-F?@]_
MPDG[3?C/XTWEGNB\,^%A8V<C#A9[N5<E?]H1PL/I(?6OH<\Q/U3*:U1/7E:7
MJ]%^9Y>745B,;3AY_D?H[_P54_90TO\`:2_8$\7_``J\,:!;QW^AZ<FJ^%H+
M>!46"XM/G6-%`PH:,21<<`25_-HR21RM%*A5E)#*1C!]*_KBEBCGB:&5`R.I
M#*PR"#U!K^:;_@JM^S-)^RE^W1XW^&]I8F'2+V^&K^'2`=K65T/-4+GKL<R1
M'WB-?'\#8_WJF$D_[R_)_H>_Q+A4N2O%>3_0^=JV?AQX]\2?"OX@Z)\3/!VH
M26FK>']5M]0TZYB8JT<T,@D0@CW45C45^ASC&<7&6S/E%+E=TS^I_P#91_:#
M\-?M3?L\^%/CSX5E7[-X@TF.>:$'_43@;98CZ%9`R_A7HM?D+_P;4?M@_9;K
MQ-^Q?XNU<E)W;7?"23/D*V%6Z@7T!PD@'3.\]6-?KT>E?AF<8"66YC.AT3NO
M1['Z5EV*6,PD:G7KZGP[_P`'!GQ@N/AC_P`$]=4\-V%VT5QXQUNTTD;6QNBW
M&:1??Y8J\6_X-C?@1;:'\(O'_P"T7J-JIN]?U:#1M.D9>4MK93))M/H\DH!'
M_3%:[3_@Y/\`A/X^\??LA>&?&'A'2Y[RQ\*^+/M>N1P*S&&%[>2)9B!_"K,`
M3V#5\P?\$L_^"V7P+_8?_9(D^`WQ/^%WB?4=5T[5;N[TBXT-+=H+H3-OVRM)
M*C1$-QE5?CG':OI,'AL1B.%'3PL>:4I^\EO;^K'CXFM2I9ZIUW:*CH?JW\7/
MVZOV/O@-XS?X=_&+]HGPQX=UR.&.632]3U%8YE1QE&*^A'2N3_X*9_MDZ5^Q
ME^QYK_QAL[]1K-_`-.\)HIYEOIT/EL!W"*&D/LE?DO\`L0?`7XS?\%=O^"B%
M[^TO\3M`DC\*6GB!-8\27DB$VT<4;@V^G1%AASA44C^Z&8]:M?\`!;?]J'Q%
M^VE^VYI_[+?P?GDU#2/!VHC0M)L;=_W5UJ\CB.>08X.UL1;NP1NQR<J'#N'A
MFE*@YWY5S5.T?(JIF]:6#G4Y;7=H=WYGAW_!-_\`;/\`AM^QM^TS=?M*_&#X
M9ZGXTU%-/N4TE+>^CB:"\G8>9=.TBMN;9YBCOF0G/%=W^PI\06_:@_X+4^'?
MC(=*>V7Q-\3KW7XK*?$K6R%IKE(R1P2BA5W?[.:_73X'_P#!,+]BSX"?LS:%
MX7^(/[,?P]\3ZSX>\,J^NZ_K?@^SNKB^NEB,D\C22QLY!?=M!/RJ`!TK\DO^
M"(NEV6K_`/!6+PK>0PP0V=BVN7?EJ-BQHMC=!`H'``++QP,#\*]V&9X#,:.,
MQ%&#4HPY;M[K6UET/,E@\3A)X>E4DFG*]K;/3<]T_P"#FSX^#Q!\8_!'[.FF
MWA:+P]I,FK:E$K<">Y;9'D>H2,GG^][U<\$?\&\?@SQ=^Q+I7QPU?XS:QHGC
M6Z\&_P!M76GW%I$]C#(T1F6%A@.`$PI.>N3R*^;/B#<WW_!23_@L9<:?8RO<
MV'BKXC)96F_D)I5H0F['8"WMRY`[ECWK]FO^"I?Q&'P`_P"";OQ.\3>'XC";
M3PHNE6`B'^I-U+%8QD?[IG!_"N'%8G%91A<%@<-+EG*SE\WL_O9U4:-#'UL1
MB:RO%72^1^/?_!`[Q=8Z/_P44\,>#=3^'^C:S%KUG?11WNH:7'//I<D-K+.M
MQ!(P)B8^7L)7&1)7T)_P<Z_'O[?X\^'_`.S5IEZVW3M.EU[5H5;Y=\SM#`#S
MUVQS'!]0>]<5_P`&T?PHTOQ/^U9XL^+&J&,OX4\*%+,/C*R7,@1G'IA$(S_M
M&O'?VE]3U/\`X*,?\%AKKPUHUPUQ:^(_B#;:%8."66'3K9UA:0#LJQ122'`_
MO'O7I5(4JO%,J\MJ,+OUM_DSDA*<,E5-;U)67H?1_P`#O^#>7P=\6_V+]"^-
MFO\`QDUG0?&6L>&CJQLI;6*2RA+H9(HW&`^-NW)![G%?-_\`P0X\5V6A?\%%
M?!OA;4_`6B:[!KDEQ;>=J>F1W#Z>Z022K<P.ZDQ."F-RX.&K]I_^"B'CV#]F
M_P#X)W_$GQ'X4C-H-(\"RZ;I(A'_`![M,BV<)7']TRH1_NU^5'_!MK\)],\:
M?MGZW\1M3,9/A'PE+-:QN<GS9Y%AW`>REN?>O/P6:8K&Y+C:^(G>.T5VO_PZ
M.G$8*AA\PP]*DK/J>M?\'/7Q\$FH_#G]F?2;UL1Q7'B'6HE;@[CY%L#C_=N"
M0?\`9-:/A.,_L%_\&^%_K;#['XA^*,+E2OR2,=081KGUQ:I^1KY!_;R\2ZW^
MW]_P5DU;P=X4OGN(]4\9VWA;1Y%&X0P0R+;LX'3:N)'..N">]?27_!R9\5M$
M\,K\)_V-O`C?9],\,Z.^IW=E&WR(NQ;6S0^Z1QSGZ2`UM3PG)0P.7/J_:2^6
MNOY&=2NW5Q.+[>['YZ'DG_!'_P#X)'^"_P#@H+X'\7?$CXL>,=9T32M'U*WL
M-&;2%CW7$VQGG+>8I&%#0@8[EL]*_0K]E/\`X(-?LT?LI_'G0?CYX?\`B%XE
MUK4/#TSS65EJH@\GS2C*KG:H.5W;A[BOS_\`V"O^"X$7["W[.FG?`7PW^S9:
M:JUM=SW5[JKZT8FNII7R6*B,XP,*.3TK](_V%?\`@J+JO[6/[,WQ!_:A\=?"
M>W\)Z%X*6;R"NI-,;UHK<RR<E1@#**/4DUQ<02XBC6JSNU1D^5)-:IZ+3?4Z
M<J64.G!6O42N]'ZGY@_\%OOBIK'[3_\`P4PO/A1X1E-VOAQ[3POI<*N2INV8
M&4#'3][+M/NAKU_]NK_@@3\-?V9/V1=:_:&\%?&[6)M5\,Z7#=ZGIFL6T7D7
M))59$1D`9&RWRYR#C!ZY'BO_``1^^'.L_MC_`/!5*S^)'C"-KQ;#4M1\:>()
MI!D-)YVY2<_WKF>+CT)]*_1/_@XT^*][X"_8!3P1ITA63QGXOLM/N"IP?L\0
MDNGY]W@B4CN&/X]V(Q>*P&/P>6X:5K*/-YWWO\KG-1H4<3A<1BZRO>]CY<_X
M-DO%>GS?%_Q[X*O?`>B2RV^@QW]MXC;3(_M]N#*$:#S\;O+8$';GJM?>7P]_
MX*J?L#?M5?&(?L>>'=:OM?UG7YKW39='U#PQ*;.Z$,,LDZNSKL*>7%(>>"!7
MRO\`\&R_P=L(?@O\2OC!))']LUK58M'B93EDBBB+G(]VES^%?!WPF^)OB[_@
MF%_P4]/Q`^*'@6YN+GP9XHU*+5-*`"/<6MS%/"9(688.8YO,1NC8'.":YL9E
MV&S?.,7RM\\(KE2=KR2_S-L/BZV`R^A=+ED];KI?_(]D_P""UG_!+#0/V(_$
M&G_M"?`.XEMO!?B#4_(?23(=^C7I!D58WZF)@K;>ZE<<C&/OW_@@I^V)\0_V
MJ_V1[S0_BQJ<VI:YX%U==+.L7#%I+RT:(/`TC'[TBC>A/4A5)Y)K\_\`_@J]
M_P`%;+#_`(*1:-X;_9__`&??AAKUIHT.L)=NFJ1(U[J-YM,<4:10LX`7>W\1
M)+=L5^EG_!%_]BWQ1^Q9^QU:^'/B18"V\5^*-3DUG7;7<&-IO1$AMR1W2-`6
M]'=QFLLX=:/#=.&/_C7]V_Q6\_E^AIEZIRSB<L+_``[:]KGUO@>E?@M_P</_
M`!3U#XI_\%"8?AE83M);^$?#=CIEM`ARIN)RUQ(P']X^;&A_ZYCTK]Z:_GP_
MX+*>#?B%\`_^"I.M?%'Q=H$T]CJ.LV.OZ#-,K>3>VZ>6?+5CP=K1LA';'3I7
MG\'1@\T;>ZB[>;T.OB%R6"2Z-JY^X7[,'PIT+]EK]ECPC\+[N2&SM?"?A:%-
M2N'8*B.D6^>1CZ;MYSZ56^#G[;_[)/[0?BQO`OP2_:`\-^)]76V:X;3M)OQ+
M*(EQN?`Z`9'/O7YE?MZ?\'"/P_\`CU^S%J7P7_9Q^'/B?2==\5V!L-=O]<2!
M([.WD7;-'`8I7:4L"R;F"<,3C)P/9?\`@WM_8!\6?L_?#G6_VG/B]X=ET[Q#
MXSMHK70-/NXRDUIIBMO9W4\JTS[#CJ%B7^\17/B<FJ8?`U,7CFXS;]V.EVWN
MWY&E',8U<3"AAES12U?8^#/^"@4VM_MQ?\%@=:^&>BWCRK>^-+;PO8NK9\F&
M!EAE8?[I$K8]J_=WXC>+/!O[+'[..J>+ELH;71/`OA1I+:TCPJ)%;08CB7L`
M=JJ/J*_`7QIXK\:_\$]_^"M&J?%;XH^";B[E\/\`Q(O=7:TD&&O[.>>5UEB9
MN"6CDW`_WN">M?0/_!3W_@M_HG[;'P<C_9F_9;^'?B?3K3Q!<Q#7KS6(8ENK
MM0<BTAB@DDR&?;EBV2!C:,FOH<SRK$Y@\'2HJ]&,5>71;7_`\K!8VCA%B)U'
M^\;=EU\CQK_@D-\,O$7[8?\`P5%TGQWXI1KT6&JWOC'Q)<3#(9EEW@MZEKB:
M,?\``L]JH?MJ:WJW_!0[_@K;K/@WPO?R2VNL>.(O#&B3)\P2TMY!;F5>O!V2
M2C_?YK[L_8;_`&7M3_X)1?\`!-GXD?M6?%O3TT_X@^(/##SBWD8>=IT14K:6
MI/\`#(9)%=E'\6T'E>/F+_@W2^!-Q\7?VX=4^./B&U,]IX&T.>[69QD'4;LF
M&+.>N$-PWJ"JFNQX^DZV*Q]-^[2CR0[7ZV^=CF6%J*G1PLE[TY<TO0U/^"I/
M_!$+X;_L0_LX2_M$?#+XSZIJ26&IVMI?Z1KEM&#,)W\L-$\8'S!B"5(^Z&.>
M,'W+_@V/\5Z=K'P[^(/A:;P!HL-YH]];/'XCMM,C2]N(Y0Y,$TP7=(JE<J">
M,GBM'_@YV^+-UI'P.^'WP7M)F6/6_$4VIWJ@X#+;1;(P?7YIV./514/_``1^
MN]`_9#_X([_$+]K2]GB6ZU&35-0WHX#'[,IM;>(^C&8-@=]Z^M>;5Q.*QO"B
M>(DY3G-*/W_\.=D*-##YW:DK1C&[^X^*?^"CGBC7OV^?^"M>L>`O!EXTZ7OB
MJS\'^'3G<L<<++;LZX_A,IFE_P"!FOL72?\`@UX^'L=_$^N?M4ZS):AOWR6N
M@Q)(1Z!F=@/RKYP_X-^?@O??'3_@H'+\;/$L!N8/!FG7>KSS.N0U]<AH8R<\
M9_>2N/0J#VK]=O\`@HQ^V+%^PO\`LK:W\?8-%MM3U*UN+:TT;2[R5DCNKF64
M+M8KR`$\Q^/[E/.,QQ^`Q-'+<#*W+&*TMJWZAE^$PN)HU,9BE>[;^0_]BC_@
MGS^S?^P=X2N/#_P3\+M]OU#;_:WB'4G$M[>;>BL^!M0=0B@+GGD\T5YI_P`$
MDO\`@H-\8_\`@HCX!\5_$OXA?"K1O#6EZ)JT6FZ9+I5S-+]KG\KS)@?,Z;%>
M'I_ST]J*^+Q\,73Q<XXEWFM];_B?1X65"6'BZ*M'H>SM^PU^QH[%G_98\`$D
MY8GPG:<G_OW2?\,,?L8_]&K?#_\`\).T_P#C=>JT5P\D.Q[/]KYLO^8B?_@<
MO\SRK_AAC]C'_HU;X?\`_A)VG_QNC_AAC]C'_HU;X?\`_A)VG_QNO5:*.2'8
M?]KYM_T$3_\``Y?YGE7_``PQ^QC_`-&K?#__`,).T_\`C='_``PQ^QC_`-&K
M?#__`,).T_\`C=>JT4<D.P?VOFW_`$$3_P#`Y?YGE7_##'[&/_1JWP__`/"3
MM/\`XW1_PPQ^QC_T:M\/_P#PD[3_`.-UZK11R0[!_:^;?]!$_P#P.7^9Y5_P
MPQ^QC_T:M\/_`/PD[3_XW1_PPQ^QC_T:K\/_`/PD[3_XW7JM%')#L']KYM_T
M$3_\#E_F<?\`#?\`9]^!?P<O+C4?A/\`"#PWX:N+R,1W4VB:-#;-,@.0K&-0
M6`/.#78`8HHII):(XZU:MB*G/5DY2[MW?WL*",C%%%,R/'?V@_V`?V.OVI$>
M3XW_``!T#5[M_P#F*I;&VO5^EQ`4EQGG&[![@U\I>._^#:_]B#Q!<O<^#/&?
MC70`[$B%=1BN8X_90\8;'U8GWK]#Z*]##YKF6$5J-627:^AR5L!@Z[O4@F_0
M_,VT_P"#8O\`9ABN%DN_CWXREC!^>-;>W4M^.#BO3/AI_P`&\_\`P3J\#7$=
M[XE\,>(_%;J06BUOQ!(D)(_V;<1''L6-?<U%;U,^SFI&TJ\OOM^1E#*LO@[J
MFCA/@W^S#^SS^SUIBZ1\$O@SX<\,1`<MI.E1Q2.?5Y`-[GW8DUW8&***\J<Y
MU)<TVV_,[HPC!6BK(*0\\4M%24<1\7OV:_@!\?[-+'XV_!KPUXICC4B+^V]'
MBN&C_P!UG4LOX$5XS<?\$:/^"9=S.UQ)^R7H09SDB.^O44?15G`'X"OIVBNB
MGC,71CRTZDDO)M&,\-AZCO.";]#YAM_^",__``3+M9UN(_V3-"+(<@2WUZZ_
MBK3D'\17IGP*_8G_`&4?V9M=N?%'P&^`_A[PQJ=W:-:W.H:99[9Y("RN8RY)
M;:61#C.,J*]2HIU,;C*L>6=2379ML4,+AJ;O&"3]!&&1BO"OVG?^":G[%O[7
MEPVK_&KX):=<ZN5P-?TUGL[[_@4L)4R8["3<!Z5[M16=&O6P\^>E)Q?=.Q=2
ME3K1Y9JZ/SUO?^#;#]@^>\>:T\6^/8(F;*P_VS`VT>F3!S7=?#'_`((%?\$V
M_AS>Q:AJ'PPU7Q1+"VY!XFUZ66//O'#Y:,/9@1Z@U]H45WSSO-ZD>65>5O4Y
M8Y9@(RNJ:^XP/AW\+/AO\(_#L/A'X7>!-(\/:7;KMAT_1M/CMXD'LJ`"O/OB
M)^P!^Q7\6?&5]\0_B9^S%X.UW7-3D$FH:KJ6C1RSW#!0H+L1DX50/H!7L%&.
M:X(5Z].;G&;3?5-W.J5&E*/*XIKT/!?^'7?_``3O_P"C-OA__P"$]%_A5SP_
M_P`$V?V"/"NO67BCPY^R1X$L]0TV[CNK"\@T"(/!-&P=)%.."K`$'U%>W45J
M\=C6K.K+_P`"?^9"PV'3^!?<CA/C5^S%^SY^T?#86WQX^$&@^+$TIG;3DUS3
MUG%N7QN*!NF=HS]*X#_AUW_P3O\`^C-OA_\`^$]%_A7O5%33Q>*I1Y85))=D
MVBI4*$W>44WZ'@W_``Z[_P""=_\`T9O\/_\`PGHO\*]?^'WPZ\#?"CP=8?#W
MX:^%+'0]#TR(QZ?I>FVXB@MT+%B%4<`9)/U-;5%35Q&(K*U2;DO-MCA1I4W>
M$4OD%%%%8F@5Y-\4?V$OV.OC;XTN?B)\7/V;_"/B+7+M$2YU75M'CFFD5%"J
M"S#)`4`#Z5ZS15TZM6C+FIR:?D[$3IPJ*TE?U/!O^'7?_!.__HS?X?\`_A/1
M?X4?\.N_^"=__1F_P_\`_">B_P`*]YHKH^OX[_G[+_P)_P"9G]5PW\B^Y'@W
M_#KO_@G?_P!&;_#_`/\`">B_PH_X==_\$[_^C-_A_P#^$]%_A7O-%+Z_CO\`
MG[+_`,"?^8?5<-_(ON1XCHW_``38_8`\/3_:],_8X^'*2`@K))X3MI"I]BZ'
M;U[5Z9X/^$?PL^'T"VO@3X<:%HT:'*IIFDPP`'VV**Z*BLYXG$5?CFWZMLJ-
M&C#X8I?(3:,8I:**Q-0J#4],T[6;";2M7L(;JUN(S'/;W$8=)%/!5E/!!]#4
M]%";3!I,^-_CA_P0A_X)U_&O6KCQ)'\,;[PG?74C23OX0U,VL+N>_D.'B0>R
M*HKAO#__``;=_L!Z7J"WFL:QXYU*-3G[+-KL<:-_O%(0V/H17Z`T5ZD,ZS:G
M#DC7E;U.&66X"<N9TU?T/'?V=OV`?V//V4U2;X%_`;0]'O57!U=X6N;YO7-Q
M.7DQ[!@/05Z'\3?A9\._C/X*O/AQ\5O!UAX@T'4/+^W:3JEN)8)]CK(FY3P<
M.JL/=16_17!.O7J5/:3DW+O?7[SJC1I0ARQBDNQX+_PZZ_X)W_\`1F_P_P#_
M``GHO\*7_AUW_P`$[_\`HS?X?_\`A/1?X5[S16OU_'?\_9?^!/\`S(^JX;^1
M?<CDO@[\!_@Y^SYX6E\$?!#X;:1X6TB:]>[FT[1;-8(GG955I"J]6*H@SZ*/
M2O.]9_X)I?L!^(=8N_$&N_LC>!;N^OKF2XO+J?08F>:5V+.[$CDDDDGU->XT
M5G'$XB$G*,VF]W=Z^I4J-&45%Q5EY'@W_#KO_@G?_P!&;_#_`/\`">B_PJ[X
M9_X)O_L&^#?$5CXM\+?LF>!K#4]-NDN;"]MM!B62"9&#(ZG'#`@$'L17ME%:
M/'8UJSJR_P#`G_F3]6PR=^1?<CD_C#\"_A!^T#X73P3\;/AUI/BC2([I;E-.
MUFS6:$3*&"OM;C(#-S[UYE_PZ[_X)W_]&;_#_P#\)Z+_``KWFBHIXK$T8\M.
M;2\FT5*A1J.\HIOT/!?^'77_``3O_P"C-_`'_A/1?X5Z#\%_V:?@#^SC8WVG
M?`GX1:#X3@U*59-0CT/3D@%PZC"EMHY(!KN:**F*Q56/+.I)KLVV$:%"$KQB
MD_0.!Q7FOQE_8[_9;_:'UZV\4?'+X#>&/%6HVEM]GMKW6M*CGDCBR6V!F&=N
M23CWKTJBLZ=2I2ES0DT_)V+G"%16DKH\&_X==_\`!.__`*,W^'__`(3T7^%)
M_P`.NO\`@G?_`-&;^`/_``GHO\*]ZHK?Z_CO^?LO_`G_`)F7U7#?R+[D>0?#
MG]@3]B_X0^-++XB?"_\`9G\'Z#KFG.S6.JZ7H\<,\!92IVLO(RI(/L:]?HHK
M&I6JUI7J2;?F[FD*<*:M%6]"'4=-T_5["72]5LHKFVGC*3V\\8=)%/4%3P1[
M&OG[7?\`@D[_`,$Y?$GB'_A)]4_9$\(?:C(786UFT$+,>I,,;+&?Q7^=?0]%
M52Q&(H7]G-QOV;0JE&E5^.*?J8O@3X=^`OA;X9M_!OPW\&Z7H.DVB;;;3=(L
M4MX(AZ!$``KEM$_9)_9<\->*8O''A[]G;P58ZS;W1N8-5M/#-M'<1S$DF02*
MFX-DDYSFO0Z*E5:J;:D]=]=QNG3=KI:$-[8VNHVDMA?6R303QM'/#*H99$88
M*D'J""1CWKA_!O[*W[-'PZUQO$W@#X`^#M$U%H)(6OM*\.6T$QCD&'3>B`[6
M'!&<&N^[T5,9S@FHMI,<H0D[M7.!\%?LL?LT_#?Q3%XW^'WP"\':)K-OO\G5
M=*\.6T%Q'O4J^)$0,-RL0<'D$CO74^-?`W@SXD>&;GP7\0?"FG:WH]Z$%YI>
MJV:7%O/M=77?&X*MAE5AD<%0>U:I&:*<JE24N9R;?J)0A%625CC?AU^SQ\!?
MA%<W=[\*?@UX8\-RW\`AO9=#T."U:>,'(1S&HW#/8U2\)_LJ?LS^`_%D/CSP
M3\`/!NDZW;N[P:MIOANVAN8V<%699%0,"0S`G/()]:[_`!13]M6=[R>N^KU]
M0]E3T]U:>1F>,/!?A'XA>&KKP;X[\,V&LZ3?(%O=,U.T2>"=0P8!T<%6`8`\
MCJ!7/?#G]G+X!?!_4KC6?A3\%_"WAN[NH/(N;G0]"@M9)8L@[&:-02N0#@\<
M5VE%)5*D8N*;MV&X0<KM:GGOAW]DS]F#PAXJ@\=>%/V>?!>FZU;3M/;ZM8^&
M;:*YCD.<NLBH&#')R0<\FI_'O[+_`.SA\5?$+>+/B;\"/"'B'5'B6-M1UGP]
M;W,Y11A5+R(3@#H,\5W=%5[:MS<W,[^K)]E2M;E5O0\J_P"&%_V+O^C4/AW_
M`.$?9_\`QNNIT7X$?!7PYX"NOA7X?^$_AVQ\,WV_[;X?M-&ACLY]^-^^%5V-
MG`SD<XKK**)5Z\U:4F_FP5*E':*^XXWX:_L\_`?X-ZE<ZQ\)O@SX8\,W5W"(
M;JYT+0X+62:,'<$9HU!*Y`.#QFM#XD?"/X6_&+28=!^+'PYT3Q+8VUQY]O9Z
M[ID5U%'+@KO59%(#88C(YP37145+JU7/G<G?O?4:IP4>6RMV.<^''P>^%/P>
MTR?1OA/\.-#\-6ES+YMQ:Z%I<5K'*^,;F6-0"<<9-<E\?/V*_P!E3]J&6*Z^
M/?P)\/>);F!-D-]?6>VYC7^ZLR%9`/8-BO4**J-:M"ISQDU+O?7[Q2I4I0Y'
M%6['D/P/_8&_8V_9NU,:[\%/V=/#&AZBN0FIQ6'G72CT$TI:0#V#5ZZ!CO2T
M4JE6K6ES5)-OS=QPITZ2M!605R'QA^`7P5_:"\._\(G\;?A=H?BC3@<I;:UI
MR3B-O[R%AE&]U(-=?14QG.$E*+LT5*,9JTE='A'PQ_X)C?L"_![Q.GC+X>_L
ML>%+/5(9?,M[R>R:Y:!_[T?GLXC/^[BO=@BHH50``,``4M%75KUJ[O4DY/S=
M_P`R*=*G25H)+T/.OCO^R3^S3^TW:PVOQ[^"GA_Q0;=2MM/J=@K3P`]0DHPZ
M?\!85SOP2_X)X?L3_LZ:X/%'P<_9N\,Z/JB_ZO4_LAN+F(>B2SL[H/\`=(Z5
M[/CC%%4L5B8T_9J;4>UW;[A.A0<^=Q5^]C(\<_#_`,#_`!-\-S>#?B-X0TS7
M=(N65KC3-6LDN()2K!E+(X*G#`$9'!`-9GPT^!WP;^#,=U#\)/A7X>\,I?%3
M>+H.CPV@G*YVE_+4;L9.,^M=5162G-1Y4].W0ODAS<UM3E?B7\#/@Q\9A:K\
M7/A1X=\3"QW?8O[>T>&[\C=C=L\Q3MS@9QZ5#:_L^?`NQ^&]Q\';/X/^&8O"
M=W+YESX:CT2`6,K[UDW-`%V$[T5LD=5!ZBNPHJO:U5%1YG9>8O9T[WLKG)_#
M7X$?!7X,M=-\)/A-X<\,F^V_;#H.C0VGGA<[=_EJ-V,G&?6KGQ%^%'PR^+VC
M)X<^*G@#1_$>GQSB:.RUO38KJ)9`"`X212`P!(S[UT%%)U*CGSW=^_4?)!1Y
M;:&#\//A=\-_A'H+>%OA9X"T?PYIC7#3MI^B:=':PF5@`SE(P!N(503C/`]*
M*WJ*F4I2=V[L:2BK(****0PHHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
M****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`H
MHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BB
MB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****
M`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`
J****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`****`/_9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
