<SEC-DOCUMENT>0001193125-13-348474.txt : 20130828
<SEC-HEADER>0001193125-13-348474.hdr.sgml : 20130828
<ACCEPTANCE-DATETIME>20130827174935
ACCESSION NUMBER:		0001193125-13-348474
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20130827
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130828
DATE AS OF CHANGE:		20130827

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNIVERSAL INSURANCE HOLDINGS, INC.
		CENTRAL INDEX KEY:			0000891166
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				650231984
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33251
		FILM NUMBER:		131063772

	BUSINESS ADDRESS:	
		STREET 1:		1110 W. COMMERCIAL BLVD.
		STREET 2:		SUITE 100
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33309
		BUSINESS PHONE:		9549581200

	MAIL ADDRESS:	
		STREET 1:		1110 W. COMMERCIAL BLVD.
		STREET 2:		SUITE 100
		CITY:			FORT LAUDERDALE
		STATE:			FL
		ZIP:			33309

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL INSURANCE HOLDINGS INC
		DATE OF NAME CHANGE:	20010330

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIVERSAL HEIGHTS INC
		DATE OF NAME CHANGE:	19950817
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d590497d8k.htm
<DESCRIPTION>8-K
<TEXT>
<HTML><HEAD>
<TITLE>8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:8px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5">UNITED STATES </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5">SECURITIES AND EXCHANGE COMMISSION </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3">Washington, D.C. 20549 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="6"><U>FORM 8-K</U> </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3">CURRENT REPORT </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3">Pursuant to Section&nbsp;13 or 15(d) of the </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3">Securities Exchange Act of 1934 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;August&nbsp;27, 2013&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Date of report (Date of earliest event reported) </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="6"><U>Universal Insurance Holdings, Inc.</U> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(Exact name of registrant as specified
in its charter) </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR>
<TD VALIGN="top" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Delaware</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">001-33251</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">65-0231984</FONT></P></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(State or other jurisdiction</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">of incorporation or organization)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(Commission file number)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(IRS Employer</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Identification No.)</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>1110 W. Commercial Boulevard, Fort Lauderdale, Florida 33309 </U></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(Address of Principal Executive Offices) </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Registrant&#146;s telephone number, including area code:<U> (954)&nbsp;958-1200 </U> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Check the
appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425). </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12). </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)). </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). </FONT></TD></TR></TABLE>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ITEM&nbsp;8.01 <U>Other Events</U> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">On August&nbsp;27, 2013, Universal Insurance Holdings, Inc. (&#147;Company&#148;) announced that its Board of Directors declared a cash dividend on the Company&#146;s common stock of $0.10 per share,
payable on October&nbsp;1, 2013 to shareholders of record on September&nbsp;23, 2013. The announcement, a copy of which is attached hereto as Exhibit 99.1, is incorporated herein by reference. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The information in this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed &#147;filed&#148; for purposes of Section&nbsp;18 of the Securities
Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ITEM&nbsp;9.01 <U>Financial Statements and Exhibits</U> </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Exhibits: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="6%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">99.1</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Press Release dated August&nbsp;27, 2013 </FONT></TD></TR></TABLE>

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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">SIGNATURES </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>
<P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="46%"></TD></TR>


<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Date: August&nbsp;27, 2013</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">UNIVERSAL INSURANCE HOLDINGS, INC.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Sean P. Downes</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sean P. Downes</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">President and Chief Executive Officer</FONT></TD></TR>
</TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d590497dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P>
<P STYLE="font-size:14px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g590497g51q48.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="4"><B>UNIVERSAL INSURANCE HOLDINGS, INC. DECLARES </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="4"><B>CASH DIVIDEND OF $0.10 PER SHARE </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Fort Lauderdale, FL, August&nbsp;27, 2013&#151;Universal Insurance Holdings, Inc. (NYSE MKT: UVE)</B> announced today that its board of directors declared a cash dividend of $0.10 per share of common
stock to be paid on October&nbsp;1, 2013 to shareholders of record on September&nbsp;23, 2013.&nbsp;The $0.10 per share dividend includes the expected $0.08 per share third quarter dividend and an additional dividend of $0.02 per share. As
previously announced, the board expects to declare a dividend of $0.08 per share in the fourth quarter of 2013. If declared and paid as intended, the annual dividend in 2013 would be $0.34 for each common share. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The declaration and payment of future dividends is subject to the board&#146;s discretion and will be dependent upon future earnings, cash flows,
financial requirements, and other factors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sean P. Downes, the Company&#146;s Chairman, President and Chief Executive Officer, stated,
&#147;We are pleased to be in a position to pass on additional shareholder value through the payment of a higher than anticipated cash dividend this quarter, which reflects, in part, our strong second quarter operating results and a lower
outstanding share count.&#148; </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>About Universal Insurance Holdings, Inc. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Universal Insurance Holdings, Inc., with its wholly-owned subsidiaries, is a vertically integrated insurance holding company performing all aspects of insurance underwriting, distribution and claims.
Universal Property&nbsp;&amp; Casualty Insurance Company (UPCIC), a wholly-owned subsidiary of the Company, is one of the leading writers of homeowners insurance in Florida and is now fully licensed and has commenced its operations in North
Carolina, South Carolina, Hawaii, Georgia, Massachusetts and Maryland. American Platinum Property and Casualty Insurance Company, also a wholly-owned subsidiary, currently writes homeowners multi-peril insurance on Florida homes valued in excess of
$1 million, which are limits and coverages currently not targeted through its affiliate UPCIC. For additional information on the Company, please visit our investor relations website at <U>www.universalinsuranceholdings.com</U>. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Forward-Looking Statements and Risk Factors </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">This press release may contain &#147;forward-looking statements&#148; within the meaning of the Private Securities Litigation Reform Act of 1995. The words &#147;believe,&#148; &#147;expect,&#148;
&#147;anticipate,&#148; and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include commentary on plans, products and lines of business, marketing arrangements,
reinsurance programs and other business developments and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future results could
differ materially from those described and the Company undertakes no obligation to correct or update any forward-looking statements. For further information regarding risk factors that could affect
</FONT></P>

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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
the Company&#146;s operations and future results, refer to the Company&#146;s reports filed with the Securities and Exchange Commission, including the Form 10-K for the year ended
December&nbsp;31, 2012 and the Form 10-Q for the quarter ended June&nbsp;30, 2013. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Investor Contact:</U> </B> </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Philip Kranz, Dresner Corporate Services, 312-780-7240, <U>pkranz@dresnerco.com</U> </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g590497g51q48.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g590497g51q48.jpg
M_]C_X``02D9)1@`!`0```0`!``#_VP!#`!`+#`X,"A`.#0X2$1`3&"@:&!86
M&#$C)1TH.C,]/#DS.#=`2%Q.0$1713<X4&U15U]B9VAG/DUQ>7!D>%QE9V/_
MVP!#`1$2$A@5&"\:&B]C0CA"8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V-C
M8V-C8V-C8V-C8V-C8V-C8V-C8V-C8V/_P``1"`!)`-P#`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#T"BBF.ZHK
M,S!549)/``H`=4<]Q#;IOGE2)<XW.P`_6N0UOQ.\[)#8-)%'DYDZ%_8=P/UK
MGYY)IY-TDK2.>K2DM_6L95DG8[*>#G)7>AZ-/J^G6[!9;V!21G&\57'B/2B"
M1=KQ_LL,_3CFO-K@W,*EHS`0.2-F,?K2Z?=BZ4Y4*Z]0*EU96YDC2.$IN7))
MM,]+M]>TZY5V2Y5=@W,)`5X]>>M4)_%UE%*4C@GE4?Q@``_3)S7'<'M4,CM&
MZ@YPQ^]G'X5"KR>EC=X"G'5MV/1K+7=/O2B1SA9&Z1N-ISZ>A_"M.N'\(V'V
MF^:Z<$QV_P!T]B_]<`_RKLOM,'G^1YR>=C/E[ANQ]*Z(2<E=GG5Z<:<^6)-1
M24M68A1110`4444`%%%%`!1110`4444`%%%%`!1110`4444`(:X+7-9GU"ZE
M@5R+16*JJ]'VGJ3W['TZ5VU[<K:6<UPXRL2%S[X%>:-YT8$4RA708QZ=^??)
MQ^%85G:)VX**E4NUL(RAN#C'H14>XHVV0'&?E:I<\XH90PP1Q7&GW/;<;ZK<
M@G#LF(F5"3RS=A45G&D%S+&I+<#YL=^I&?Q%3[UC'EL6&.A(SD4W;(S[P`N!
MP/7W/ITK1/1HYW%<ZDMR5%(=B>AZ<FHY-S2QA%WDL$`49.2<5<AMI)M,FOE9
M1'"RJRG[W)Q_6H&`9?4>E3\+3D:74XM0>IZ+H]FUCI<%N^W>H^;;TR3D_P`Z
MY'76E3Q3(\$K1R^9&%8'H2JC--AUFVBC"3:+:3L,#>J*F?J,5FW5TDEZ+C[)
M%&C2JWV=.%VC''3N!Z5UMJ248GDTZ<Z<IRJ*UDSU`=**X;^WM.[Z%;?^._\`
MQ-']O:=_T`K;\Q_\377["IV/+]O#N=S17#?V]IW_`$`;;\Q_\31_;VF_]`*V
M_,?_`!-'L*G8?MX=SN:*X;^WM._Z`5M^8_\`B:/[>T[_`*`5M^8_^)H]A4[!
M[>'<[FBN&_M[3O\`H!6WYC_XFC^WM._Z`5M^8_\`B:/85.P>WAW.YHKAO[>T
M[_H!6WYC_P")H_M[3?\`H!6WYC_XFCV%3L+V]/N=S17#?V]IO?0K?\Q_\31_
M;VF?]`*W_,?_`!-'L*G8/;T^YW-%<7!JUC</LBT"`GZ@8_\`':FDO+.-<MH=
MN/7##/\`*LVN67*]RE4BU='74M<KIMY82S;+*ZNK&9ND<KF2,GZ,3^F#6W97
MS/.UI=H([M!NP/NR+_>7V]1U'ZDE%Q=F7&2DKHOT4E+2&9NO\Z'>C_ID:XK6
M"LMVER%VFZ@$KKGA7R5./;*YKT.6-9HFC<`JP((]0:Y3Q9I<5K96DEN-J1#R
M-IY^7!(S^OYUE5C>)U86:C-(YK@$`D;B<X]<4F<8(^;/'%8\T%W;.LBRE@N2
MISTHLKUUEB27(`RN?J<USNE=73/06*M/EDK&W2`8H!R,TCL$7+5S^1Z&FYI:
M.4G6\TMV5&O8_P!V6'&]>1_GVK-L[823M"\Y@DQM4/RH<?PMZ9Z>QJ$EC)DG
M#`=NU3W-W)=D-.L;2`8,NW#,/?G!^N,U[6&P_/27,KW_``/E\;B73Q$N1VM_
MD1RBXAE:*9?+D7AE92"/PJ,`[BS,6;IGTIW+'U)XJ1K>=?O0R`\]4/;K^5=M
M/#4J3NEJ<%;&5ZRY92;1?L`#HFIDJI*^7M)49&6P<?A1:7'ERV;21I(BQ.60
MJ/F`W<'CV%16ANK598WLWDAF"JZ,K#//R\CH<TCO,DB2-9[(]ACC4A@,'/0Y
MR3R:MJ]_ZZ&"=K/^MRW?6JVD,TML0UI<()(CMY7YAE<^HS5J:>.VU^S#I'Y+
M11AU*#'S#D_GS^%9*7-W_9[V?EL\+2#JIX?T'U]*=>/=:@\<IM6'R!%,:L00
M.GKV%+E>TO,KF6Z)YTDL)%MV5=S7).XJ,[0<#\R#^56]458M614DA93<@"-8
MP/+`QP>.^:S)Y;R\O!</"[NK*F`IQD=OKQ_.I9;JXN+I;K["OF22A\JKG>PS
MQU_EZ4N5W3#F1;UO9'#(K0HV^Z?RW10/+5>"O'YTNIQ+-82SV-S%):(5/D@8
M:'L*IRWUW/!<EK0&*67S68(V$<=2#GCWIL\\[>;&MD83.X,H`;YR.<#T'.:(
MQ:L.4D[EHZ:?^$<:4P,LL9$V_'WE;C'X``U7O,?V'IYPH+-)DA0"<$8R:6&[
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M\/[?[$M@GW`I"?[N3C],5I5RG<)BL+QC_P`@1O\`KJF#Z<UO5B^+4+^'[C!^
MZ4;IUPPJ9;,ND[33\S@R,PL/7-)KM@MN-(CMF,/VFVW288X)SG/Y&K4&GWMQ
M$IBMI'5ONL.AYQ_,U9\3H8GT+>PCVVF#GV"\5S4DTI,]3$RC.<(IF7;!EA`8
M[BO!/J>E5W);4U!)VJF0/?C_`!JQ$R,I8$;6.1[TI@C4I,LFYVR&']WYN*B-
MO>;-ZE[02[_H,<YE^J\YHJ[8VMO=WH2XN/(C*D>9C(!XX-:W_"/Z7_T&H_R'
M^->Q@Z\(T4FSY[,J$WB9-=3G0"3C&2:WY"<W<3X7$DTL>>YY!'X@@_A4G]@:
M7_T&H_R'^-)_8&E_]!N+\A_C71*M3EU.*-&I'H),JR/*57RIG*RRQ,X.S#G)
M'MSG\:BD4&VM64MN79)(,9^4!BI`_P"^OTJ;^P-,_P"@W%^2_P"-)_8&F?\`
M0<A_)?\`XJH]I3_F_`KV=3L-8)]LN(V)CM[F42(Q'1L!E_F1^-0O&TE\DJ(7
MMY;?:FT]2(2-OU'(JQ_8&F?]!R#_`,=_QH_L#3/^@Y;_`/CO_P`52]I3_F_`
M/9U.Q#IZX0*T;9%ZO&[[N`>OKBI-.VQW,3.`J2?9UC)Z;EQN_+#?G[T[^P--
M_P"@[;_^._\`Q5)_8&F_]!VW_P#'?_BJ;J4VW[WX`J=1="O;0R6L:/.NQ$,V
M_/\`M(N!^-2.%!FAF^0D;XV/]]8UX_$$_I4G]@:9_P!!VV_\=_\`BJ/[`TW_
M`*#MO_X[_P#%4.I3?VOP#V=1=!GED7#7"CSXYOE6%3C>A0C(/J!QTJJ;<QZA
M<^62\;1S%')R6&&&?SJ[_8.F_P#0=MO_`!W_`.*IS:'I[;0VOVY"C`'R\#_O
MJFJM/^;\!>RJ=B,L)_-;S%6Z=&@*G@D@':?Q7BL:6*:!U,J[3T`)&1CC\*V_
M[`TW_H.VW_CO_P`51_8&F_\`0>MO_'?_`(JG&K3CU_`4J5270S8KTJ.M6[*[
M:6Z"@_+@EL]A4_\`8&F_]!ZV_P#'?_BJ5=#L$R%U^V`88.-O(_[ZK.O*E5IR
MA?<<:55.]BIJ6I+(C6\'S*WWG'\A6IH]I+INER3%/]-O1Y=N@ZC(ZG^9]A4E
MIIVG6;*]K;W&I7&?E^3$8/KDX7^9K<LK%UG:[NV$ETPVC;]V)<_=7^IZG'T`
MY8JG1I^RI;=7W-X4Y<W/,L6=LEG9PVT6?+A0(N?0#%3TE+4'0%-*A@0P!!&"
M#WIU%`%./3+6)`D4;1QKG"([*HR<\`'`YIUSI]I=0I%<VL4T:?=610P'TS5J
MB@#G(/#/V1B(3!)'O#J)4Y4#(V\=N?T%-U#PP]RD9AFB1U&"OEX4]/<XZ5TM
M%2XIJQHJLT^:YC6&CO`D8E9$*;<K$.&*XY)/NH/%7HK65+CS&N9&7).P].:M
MT4TK$-MN[$HI:*8A**6B@`I*6B@!**6B@`HHHH`****`"DI:*`"DI:*`$HI:
(*`"BBB@#_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
