<SEC-DOCUMENT>0000950123-12-013021.txt : 20121108
<SEC-HEADER>0000950123-12-013021.hdr.sgml : 20121108
<ACCEPTANCE-DATETIME>20121108153319
ACCESSION NUMBER:		0000950123-12-013021
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20120831
FILED AS OF DATE:		20121108
DATE AS OF CHANGE:		20121108
EFFECTIVENESS DATE:		20121108

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Invesco Value Municipal Income Trust
		CENTRAL INDEX KEY:			0000885601
		IRS NUMBER:				133647663
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06590
		FILM NUMBER:		121189908

	BUSINESS ADDRESS:	
		STREET 1:		C/O MORGAN STANLEY TRUST
		STREET 2:		HARBORSIDE FINANCIAL CENTER, PLAZA TWO
		CITY:			JERSEY CITY
		STATE:			NJ
		ZIP:			07311
		BUSINESS PHONE:		404-439-3217

	MAIL ADDRESS:	
		STREET 1:		1555 PEACHTREE STREET, N.E.
		STREET 2:		SUITE 1800
		CITY:			ATLANTA
		STATE:			2Q
		ZIP:			30309

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Invesco Insured Municipal Income Trust
		DATE OF NAME CHANGE:	20100601

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MORGAN STANLEY INSURED MUNICIPAL INCOME TRUST
		DATE OF NAME CHANGE:	20090722

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MORGAN STANLEY  INSURED MUNICIPAL INCOME TRUST
		DATE OF NAME CHANGE:	20011220
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>h87073nvcsrs.htm
<DESCRIPTION>FORM N-CSRS
<TEXT>
<HTML>
<HEAD>
<TITLE>nvcsrs</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="25%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="98%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-left: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">OMB APPROVAL</DIV></TD>
    <TD width="1%" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">OMB Number: 3235-0570<br>
Expires: January&nbsp;31, 2014<br>
Estimated average burden<br>
hours per response: 20.6</DIV></TD>
    <TD width="1%" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="3" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt; margin-top: 6pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM N-CSR</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT<BR>
INVESTMENT COMPANIES</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Investment Company Act file number <U>811-06590</U></B></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>Invesco Value Municipal Income Trust</B>
</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
(Exact name of registrant as specified in charter)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">1555 Peachtree Street, N.E., Atlanta, Georgia 30309</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV></DIV>


<DIV align="center" style="font-size: 10pt">(Address of principal executive offices) (Zip code)</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">Philip A. Taylor 1555 Peachtree Street, N.E., Atlanta, Georgia 30309</DIV>

<DIV align="center" style="font-size: 10pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
(Name and address of agent for service)</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Registrant&#146;s telephone number, including area code: <U>(713)&nbsp;626-1919</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Date of fiscal year end: <U>2/28</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Date of reporting period: <U>8/31/12</U>
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>









<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link2 "Item&nbsp;1. Reports to Stockholders." -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Item&nbsp;1. Reports to Stockholders.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>



<DIV style="font-family: Helvetica,Arial,sans-serif; height: 990px">


<DIV align="center"><div style="width: 700; border: 0px solid #000000">
<P><DIV style="position: relative; float: left; width: 28%">

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><IMG src="h87073h8707300.gif" alt="(INVESCO LOGO)">
</DIV>

</DIV>
<DIV style="position: relative; float: right; width: 70%">
<DIV align="left" style="font-size: 12pt; margin-left: 6%; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<FONT style="font-size:16pt"><B>Invesco Value Municipal Income Trust</B></FONT><BR>
Semiannual Report to Shareholders <font face=wingdings>&#167;</FONT> August&nbsp;31, 2012
</DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 6%; margin-top: 6pt">NYSE: IIM
</DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 6%; margin-top: 16pt"><IMG src="h87073h8707301.gif" alt="(IMAGE)">
</DIV>

<DIV align="right" style="margin-top: 20pt">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="94%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="6%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="89%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD colspan="3" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">2</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Letters to Shareholders</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Trust Performance</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">3</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Trust Updates</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">4</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Dividend Reinvestment Plan</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">5</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Schedule of Investments</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">13</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Financial Statements</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">16</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Notes to Financial Statements</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">22</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Financial Highlights</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">24</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Approval of Investment Advisory and Sub-Advisory Agreements</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">26</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Results of Proxy</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 8pt; margin-top: 60pt; margin-left: 6%">Unless otherwise noted, all data provided by Invesco.
</DIV>
<DIV align="right">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="94%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="32%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD><!-- VRule -->
    <TD width="2%">&nbsp;</TD>
    <TD width="14%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD colspan="1" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD colspan="1" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD colspan="3" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap><DIV style="margin-left:15px; text-indent:-15px"><B>NOT FDIC INSURED</B></DIV></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" nowrap><B>MAY LOSE VALUE</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left" nowrap><B>NO BANK GUARANTEE</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

</DIV>
<BR clear="all"><BR>

</DIV>
</DIV></DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<FONT style="font-size:13pt"><B>Letters to Shareholders</B></FONT>
</DIV>

<DIV style="float: left; margin: 0 35 25 0">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><IMG src="h87073h8707302.jpg" alt="(PHOTO OF BRUCE CROCKETT)"><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bruce Crockett
</DIV>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Dear Fellow Shareholders:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">One of our most important responsibilities as independent Trustees of the Invesco Funds is our
annual review of the funds&#146; advisory and sub-advisory contracts with Invesco. This annual review is
required by the Investment Company Act of 1940 and focuses on the nature and quality of the
services Invesco has provided as adviser to the Invesco Funds and the reasonableness of the fees
that it charges for those services.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In our roles as Trustees, we spend months reviewing thousands of pages of detailed information
that we request from Invesco in connection with our annual review. We focus on the quality and
costs of the services to be provided by Invesco and its affiliates. Some of the most important
things we look at are fund performance, expenses and fees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We also use information from many independent sources during the review process, including
materials provided by the independent Senior Officer of the Invesco Funds, who reports directly to
the independent Trustees. We also meet in private sessions with independent legal counsel and
review performance and fee data on the Invesco Funds prepared by Lipper Inc., an independent,
third-party firm widely recognized as a leader in its field.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I&#146;m pleased to report that the Invesco Funds Board determined in June that renewing the
investment advisory agreement and the sub-advisory contracts with Invesco would serve the best
interests of each fund and its shareholders. For more detailed information about our assessment and
conclusions with respect to each of the Invesco Funds, visit invesco.com/us, click on the &#147;About
Us&#148; section and go to &#147;Legal Information.&#148; Information on the recent investment advisory renewal
process can be found by clicking the last item under &#147;Corporate Governance.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As always, please contact me at bruce@brucecrockett.com with any questions or concerns you may
have. On behalf of the Board, we look forward to continuing to represent your interests and serving
your needs.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Sincerely,

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><IMG src="h87073h8707303.gif" alt="-s- Bruce L. Crockett">

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Bruce L. Crockett<BR>
Independent Chair, Invesco Funds Board of Trustees

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 18pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>

</DIV>

<DIV style="float: left; margin: 0 35 20 0">
<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><IMG src="h87073h8707304.jpg" alt="(PHOTO OF PHILIP TAYLOR)"><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip Taylor
</DIV>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Dear Shareholders:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">This report contains helpful information about your Trust, including its performance and a complete
list of your Trust&#146;s investments as of the close of the reporting period. Additional information,
including timely insight and information from many of Invesco&#146;s investment professionals, is
available at our website, invesco.com/us.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intentional Investing<SUP style="font-size: 80%; vertical-align: text-top">SM</SUP> is the science and art of investing with purpose, prudence and diligence
&#151; and it&#146;s how Invesco&#146;s investment professionals manage your money every day. This highly
disciplined process begins when specialized teams of investment professionals clearly define an
investment objective and then establish specific investment strategies to try
to achieve that objective. While our investment teams closely monitor economic and market
conditions &#151; and issues specific to individual holdings that could affect their value &#151; they
maintain a long-term investment perspective. Intentional Investing is also embedding risk controls
and processes into every aspect of our business; offering a diverse combination of investment
strategies and vehicles designed to meet your needs; and communicating clearly, delivering expert
insights from our portfolio managers and other investment professionals, and providing a website
full of tools and articles to help you stay informed. However, neither Intentional Investing nor
diversification can guarantee a profit or protect against loss.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If you have questions about your account, please contact an Invesco client services
representative at 800 341 2929. If you have an Invesco-related question or comment, feel free to
email me directly at phil@invesco.com. All of us at Invesco look forward to serving your investment
management needs for many years to come. Thank you for investing with us.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Sincerely,

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><IMG src="h87073h8707305.gif" alt="-s- Philip Taylor">

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Philip Taylor<BR>
Senior Managing Director, Invesco Ltd.

</DIV>

<DIV style="margin-top: 20pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="bottom" style="font-size: 7pt; color: #000000; background: transparent">
    <TD width="6%" nowrap align="left"><!-- Folio --><B>2</B><!-- /Folio --></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Invesco Value Municipal Income Trust</B></TD>
</TR>
</TABLE>
</DIV>




</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<FONT style="font-size:13pt"><B>Trust Performance</B></FONT>
</DIV>

<DIV align="left"><DIV style="font-size: 0pt; margin-top: 20pt; width: 80%; border-top: 1px solid #000000">&nbsp;</DIV></DIV><DIV style="width: 80%; padding: 3px; background-color: E7E7E8">



<DIV align="left" style="font-size: 10pt; margin-top: 0pt"><B>Performance summary</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt"><I>Cumulative total returns, 2/29/12 to 8/31/12</I>

</DIV>
<DIV align="center">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Trust at NAV</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">5.04</TD>
    <TD nowrap>%</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" align="left" style="border-top: 1px solid #ffffff">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Trust at Market Value</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">-2.62</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" align="left" style="border-top: 1px solid #ffffff">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Barclays Municipal Bond Index<SUP style="font-size: 80%; vertical-align: text-top">&#9660;</SUP></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.94</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
    <TD colspan="5" align="left" style="border-top: 1px solid #ffffff">&nbsp;</TD>
</TR>
<TR style="font-size: 10px">
    <TD colspan="5">&nbsp;</TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Market Price Discount to NAV as of 8/31/12</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">-2.28</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 8pt; margin-top: 1pt">Source(s): <SUP style="font-size: 80%; vertical-align: text-top">&#9660;</SUP>Lipper Inc.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>The performance data quoted represent past performance and cannot guarantee comparable
future results; current performance may be lower or higher. Investment return, net asset
value and common share market price will fluctuate so that you may have a gain or loss when
you sell shares. Please visit invesco.com/us for the most recent month-end performance.
Performance figures reflect Trust expenses, the reinvestment of distributions (if any) and
changes in net asset value (NAV)&nbsp;for performance based on NAV and changes in market price for
performance based on market price.</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Since the Trust is a closed-end management investment company, shares of the Trust may
trade at a discount or premium from the NAV. This characteristic is separate and distinct
from the risk that NAV could decrease as a result of investment activities and may be a
greater risk to investors expecting to sell their shares after a short time. The Trust
cannot predict whether shares will trade at, above or below NAV. The Trust should not be
viewed as a vehicle for trading purposes. It is designed primarily for risk-tolerant
long-term investors.</I>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The <B>Barclays Municipal Bond Index </B>is an unmanaged index considered representative of the
tax-exempt bond market.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Trust is not managed to track the performance of any particular index, including
the index(es) defined here, and consequently, the performance of the Trust may deviate
significantly from the performance of the index(es).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A direct investment cannot be made in an index. Unless otherwise indicated, index
results include reinvested dividends, and they do not reflect sales charges.
</DIV>
</DIV>
<!-- &nbsp; -->



<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<FONT style="font-size:13pt"><B>Trust Updates</B></FONT>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Preferred Shares</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">On May&nbsp;9, 2012, the Trust successfully priced and placed a private offering of Variable Rate
Muni Term Preferred Shares (&#147;VMTP&#148;) in the amount of $71,200,000 pursuant to an offering exempt
from registration under the Securities Act of 1933. VMTP is a variable rate form of preferred stock
with a mandatory redemption date. The proceeds of the VMTP were used to redeem all of the Trust&#146;s
outstanding auction rate preferred shares (&#147;ARPS&#148;) at their liquidation preference (sometimes
referred to as &#147;at par&#148;), together with accrued and unpaid dividends, if any, to the redemption
date. As of June&nbsp;11, 2012, all of the Trust&#146;s ARPS were redeemed in full.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Mergers and Redomestication</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">At a shareholder meeting held on September&nbsp;25, 2012, shareholders of the Trust approved the
merger of each of Invesco Value Municipal Bond Trust, Invesco Value Municipal Securities and
Invesco Value Municipal Trust (the &#147;Target Funds&#148;) into the Trust. Shareholders also approved the
redomestication of the Trust to a Delaware statutory trust. The redomestication and mergers were
completed on October&nbsp;15, 2012, and common shares of the Target Funds were converted into newly
issued common shares of the Trust. VMTP shares of the Target Funds, if applicable, were converted
into newly issued VMTP shares of the Trust.
</DIV>

<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="30%">
<!-- Begin Table Head -->
<TR valign="bottom" style="font-size: 20pt">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR style="font-size: 1px">
    <TD colspan="5" align="left" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>NYSE Symbol</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="right"><B>IIM</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV style="margin-top: 20pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="bottom" style="font-size: 7pt; color: #000000; background: transparent">
    <TD width="6%" nowrap align="left"><!-- Folio --><B>3</B><!-- /Folio --></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Invesco Value Municipal Income Trust</B></TD>
</TR>
</TABLE>
</DIV>



</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<FONT style="font-size:13pt"><B>Dividend Reinvestment Plan</B></FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The dividend reinvestment plan (the Plan) offers you a prompt and simple way to reinvest your
dividends and capital gains distributions (Distributions) into additional shares of your Trust.
Under the Plan, the money you earn from dividends and capital gains distributions will be
reinvested automatically in more shares of your Trust, allowing you to potentially increase your
investment over time.
</DIV>

<P><DIV style="position: relative; float: left; width: 32%">

<DIV align="left" style="font-size: 10pt; margin-top: 0pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>Plan benefits</B>
</DIV>


<DIV style="margin-top: 1pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><font face=wingdings>&#167;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Add to your account:</B></TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You may increase the amount of shares in your Trust easily and automatically with the Plan.</TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><font face=wingdings>&#167;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Low transaction costs:</B></TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Transaction costs are low because the new shares are bought in blocks and the brokerage commission
is shared among all participants.</TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><font face=wingdings>&#167;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Convenience:</B></TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You will receive a detailed account statement from Computershare Trust Company, N.A. (the Agent)
which administers the Plan. The statement shows your total Distributions, date of investment,
shares acquired, and price per share, as well as the total number of shares in your reinvestment
account. You can also access your account via the Internet. To do this, please go to
invesco.com/us.</TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left"><font face=wingdings>&#167;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Safekeeping:</B></TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Agent will hold the shares it has acquired for you in safekeeping.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>How to participate in the Plan</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">If you own shares in your own name, you can participate directly in the Plan. If your shares are
held in &#147;street name&#148; &#151; in the name of your brokerage firm, bank, or other financial institution &#151;
you must instruct that entity to participate on your behalf. If they are unable to participate on
your behalf, you may request that they reregister your shares in your own name so that you may
enroll in the Plan.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>How to enroll</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">To enroll in the Plan, please read the Terms and Conditions in the Plan brochure. You can enroll in
the Plan by visiting invesco.com/us, calling toll-free 800 341 2929 or notifying us in writing at
Invesco Closed-End Funds, Computershare Trust Company, N.A., P.O. Box 43078, Providence, RI
02940-3078. Please include your Trust name and account number and ensure that all shareholders
listed on the account sign these written instructions. Your participation in the Plan will begin
with the next Distribution payable after the Agent receives your authorization, as long as they
receive it before the &#147;record date,&#148; which is generally one week before such Distributions are
paid. If your authorization arrives after such record date, your participation in the Plan will
begin with the following Distributions.
</DIV>

</DIV>
<DIV style="position: relative; float: left; margin-left: 2%; width: 32%">

<DIV align="left" style="font-size: 10pt; margin-top: 0pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>How the Plan Works</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">If you choose to participate in the Plan, whenever your Trust declares such Distributions, it will
be invested in additional shares of your Trust that are purchased on the open market.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>Costs of the Plan</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">There is no direct charge to you for reinvesting Distributions because the Plan&#146;s fees are paid by
your Trust. However, you will pay your portion of any per share fees incurred when the new shares
are purchased on the open market. These fees are typically less than the standard brokerage charges
for individual transactions, because shares are purchased for all Participants in blocks, resulting
in lower commissions for each individual Participant. Any per share or service fees are averaged
into the purchase price. Per share fees include any applicable brokerage commissions the Agent is
required to pay.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>Tax implications</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">The automatic reinvestment of Distributions does not relieve you of any income tax that may be due
on Distributions. You will receive tax information annually to help you prepare your federal income
tax return.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Invesco does not offer tax advice. The tax information contained herein is general and is not
exhaustive by nature. It was not intended or written to be used, and it cannot be used, by any
taxpayer for avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws.
Federal and state tax laws are complex and constantly changing. Shareholders should always consult
a legal or tax adviser for information concerning their individual situation.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>How to withdraw from the Plan</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">You may withdraw from the Plan at any time by calling 800 341 2929, visiting invesco.com/us or by
writing to Invesco Closed-End Funds, Computershare Trust Company, N.A., P.O. Box 43078, Providence,
RI 02940-3078. Simply indicate that you would like to withdraw from the Plan, and be sure to
include your Trust name and account number. Also, ensure that all shareholders listed on the
account have signed these written instructions. If you withdraw, you have three options with regard
to the shares held in the Plan:
</DIV>


<DIV style="margin-top: 1pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If you opt to continue to hold your non-certificated shares, whole shares will be held by the
Agent and fractional shares will be sold. The proceeds will be sent via check to your address
of record after deducting per share fees. Per share fees include any applicable brokerage
commissions the Agent is required to pay.</TD>
</TR>

</TABLE>
</DIV>
</DIV>
<DIV style="position: relative; float: right; width: 32%">

<DIV style="margin-top: 1pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If you opt to sell your shares through the Agent, we will sell all full and fractional shares
and send the proceeds via check to your address of record after deducting per share fees. Per
share fees include any applicable brokerage commissions the Agent is required to pay.</TD>
</TR>

<TR>
    <TD style="font-size: 1pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">3.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>You may sell your shares through your financial adviser through the Direct Registration
System (DRS). DRS is a service within the securities industry that allows Trust shares to be
held in your name in electronic format. You retain full ownership of your shares, without
having to hold a stock certificate. You should contact your financial adviser to learn more
about any restrictions or fees that may apply.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;<B>To obtain a complete copy of the Dividend Reinvestment Plan, please call our Client Services
department at 800 341 2929 or visit invesco.com/us.</B>
</DIV>
</DIV>
<BR clear="all"><BR>


<DIV style="margin-top: 20pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="bottom" style="font-size: 7pt; color: #000000; background: transparent">
    <TD width="6%" nowrap align="left"><!-- Folio --><B>4</B><!-- /Folio --></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Invesco Value Municipal Income Trust</B></TD>
</TR>
</TABLE>
</DIV>


</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->


<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Schedule
    of Investments</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">August&#160;31,
    2012</FONT></I>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">(Unaudited)</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="17" valign="top">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Municipal Obligations&#150;145.07%<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Alabama&#150;2.35%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Birmingham (City of) Airport Authority; Series&#160;2010, RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/30
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1,600
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1,803,744
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Birmingham (City of) Water Works Board; Series&#160;2011, Water
    RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,855
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,286,554
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Chatom (Town of) Industrial Development Board (PowerSouth Energy
    Cooperative); Series&#160;2010&#160;A, Ref. Gulf Opportunity
    Zone RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/37
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    900
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,009,467
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,099,765
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Alaska&#150;0.57%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Alaska (State of) Industrial Development&#160;&#038; Export
    Authority (Providence Health Services);
    Series&#160;2011&#160;A,&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,695
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,957,488
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Arizona&#150;2.45%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Arizona (State of) Health Facilities Authority (Catholic
    Healthcare West); Series&#160;2011 B-2, RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    03/01/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    930
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,009,366
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Arizona (State of) Health Facilities Authority (Phoenix
    Children&#146;s Hospital); Series&#160;2012, Ref. Hospital
    System RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    900
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    947,259
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Arizona (State of); Series&#160;2008&#160;A, COP
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,495
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,648,597
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Glendale (City of) Industrial Development Authority (Midwestern
    University);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2010, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    450
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    480,024
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2010, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.13
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/40
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    450
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    479,727
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Phoenix (City of) Industrial Development Authority (Rowan
    University); Series&#160;2012, Lease RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,294,512
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    University of Arizona; Series&#160;2003&#160;B,
    COP<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,589,400
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,448,885
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    California&#150;34.00%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Alameda (County of) Joint Powers Authority (Juvenile Justice
    Refunding); Series&#160;2008&#160;A, Lease RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,475
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,642,870
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Alhambra Unified School District (Election of 2004);
    Series&#160;2009&#160;B, Unlimited Tax CAB GO Bonds
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,655
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    524,817
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Anaheim (City of) Public Financing Authority (Electric System
    Distribution Facilities); Series&#160;2007&#160;A,
    RB&#160;(INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/37
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,852,600
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Beverly Hills Unified School District (Election of 2008);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009, Unlimited Tax CAB GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,170
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    691,482
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009, Unlimited Tax CAB GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,275
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,046,978
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    California (State of) Department of Water Resources;
    Series&#160;2008&#160;H, Power Supply RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/01/22
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,050
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,634,166
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    California (State of) Health Facilities Financing Authority
    (Scripps Health); Series&#160;2010&#160;A, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,150
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,358,743
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    California (State of) Statewide Communities Development
    Authority (Cottage Health System Obligated Group);
    Series&#160;2010, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/40
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,083,160
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    California (State of) Statewide Communities Development
    Authority (Kaiser Permanente); Series&#160;2012&#160;A, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    04/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,255
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,463,948
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    California (State of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012, Various Purpose Unlimited Tax GO Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    04/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,060
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,210,361
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012, Various Purpose Unlimited Tax GO Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    04/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,060
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,168,056
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    California Infrastructure&#160;&#038; Economic Development Bank;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2003&#160;A, First Lien Bay Area Toll Bridges
    Seismic
    Retrofit&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,171,075
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2003&#160;A, First Lien Bay Area Toll Bridges
    Seismic
    Retrofit&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    13,713,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Clovis Unified School District (Election of 2004);
    Series&#160;2004&#160;A, Unlimited Tax CAB GO Bonds
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    585
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    265,058
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    East Bay Municipal Utility District; Series&#160;2010&#160;A,
    Ref. Sub.&#160;Water
    System&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,995
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,325,232
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    El Segundo Unified School District (Election of 2008);
    Series&#160;2009&#160;A, Unlimited Tax CAB GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,065
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,216,529
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Long Beach (City of); Series&#160;1998&#160;A, Ref. Harbor RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(f)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/18
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    9,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,137,590
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Los Angeles (City of) Department of Airports (Los Angeles
    International Airport); Series&#160;2010&#160;B, Sub.&#160;RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/40
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    850
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    946,654
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">5&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">

</DIV>
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">
<FONT style="font-family: Arial, Helvetica">&#160;<BR>California&#150;(continued)<BR></FONT>&#160;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Los Angeles (City of) Department of Water&#160;&#038; Power;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2004&#160;C, Water
    System&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    5,890,350
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;A, Water
    System&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/43
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,790
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,232,382
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Los Angeles (City of); Series&#160;2004&#160;A, Unlimited Tax GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,282,720
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Menifee Union School District (Election of 2008);
    Series&#160;2009&#160;C, Unlimited Tax CAB GO Bonds
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/34
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,665
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    539,910
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Moreland School District (Crossover); Series&#160;2006&#160;C,
    Ref. Unlimited Tax CAB GO Bonds
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,845
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    820,213
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Oak Grove School District (Election of 2008);
    Series&#160;2009&#160;A, Unlimited Tax CAB GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,320
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    640,530
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Oakland (Port of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2002&#160;L,&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)(f)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/21
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    110
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    110,870
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2002&#160;L, RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(f)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/21
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    890
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    894,877
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Patterson Joint Unified School District (Election of 2008);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;B, Unlimited Tax CAB GO Bonds
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/34
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,825
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,240,333
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;B, Unlimited Tax CAB GO Bonds
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,120
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,257,795
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;B, Unlimited Tax CAB GO Bonds
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    86,562
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Poway Unified School District (Election of 2008&#150;School
    Facilities Improvement District
    <FONT style="white-space: nowrap">No.&#160;2007-1);</FONT>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;A, Unlimited Tax CAB GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,925
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,904,606
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;A, Unlimited Tax CAB GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,245
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,748,261
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Regents of the University of California;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2003&#160;B, General RB
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/22
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,063,680
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2007&#160;J, General RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,310
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,489,336
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2007&#160;J, General RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,690
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,814,170
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Sacramento (County of) Sanitation Districts Financing Authority
    (Sacramento Regional County Sanitation District);
    Series&#160;2006, RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,371,370
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    San Diego (County of) Water Authority; Series&#160;2004&#160;A,
    COP
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,302,400
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Twin Rivers Unified School District (School Facility Bridge
    Funding Program); Series&#160;2007, COP
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(c)(g)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,100
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,102,583
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    William S. Hart Union High School District (Election of 2008);
    Series&#160;2009&#160;A, Unlimited Tax CAB GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/33
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,350
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,835,278
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    117,081,045
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Colorado&#150;1.35%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Colorado (State of) Regional Transportation District (Denver
    Transit Partners Eagle P3); Series&#160;2010, Private
    Activity&#160;RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/15/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,350
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,562,801
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Denver (City of) Convention Center Hotel Authority;
    Series&#160;2006, Ref. Sr.&#160;RB <BR>
    (INS&#150;SGI)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/30
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,102,300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,665,101
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Connecticut&#150;0.49%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Connecticut (State of) Health&#160;&#038; Educational Facilities
    Authority (Quinnipiac University); Series&#160;2007 K-2,
    RB&#160;(INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,525
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,700,436
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    District of Columbia&#150;3.28%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    District of Columbia Water&#160;&#038; Sewer Authority;
    Series&#160;2008&#160;A, Ref. Public Utility Sub.&#160;Lien RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,350
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,546,303
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    District of Columbia;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2006 B-1, Ballpark RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,077,780
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008&#160;E, Unlimited Tax GO Bonds
    (INS&#150;BHAC)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,133,720
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008&#160;E, Unlimited Tax GO Bonds
    (INS&#150;BHAC)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,129,140
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008&#160;E, Unlimited Tax GO Bonds
    (INS&#150;BHAC)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,247,360
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;A, Sec.&#160;Income
    Tax&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,540
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,151,556
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,285,859
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Florida&#150;11.81%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Cape Coral (City of); Series&#160;2011, Ref. Water&#160;&#038;
    Sewer RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,855
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,081,366
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Citizens Property Insurance Corp. (High Risk Account);
    Series&#160;2010
    <FONT style="white-space: nowrap">A-1,</FONT>
    Sr.&#160;Sec.&#160;RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/14
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,600
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,784,080
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">6&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">

</DIV>
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">
<FONT style="font-family: Arial, Helvetica">&#160;<BR>Florida&#150;(continued)<BR></FONT>&#160;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Citizens Property Insurance Corp.; Series&#160;2012
    <FONT style="white-space: nowrap">A-1,</FONT>
    Sr.&#160;Sec.&#160;RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/21
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,190
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,545,087
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Florida (State of) Mid-Bay Bridge Authority;
    Series&#160;2008&#160;A, Ref. RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,550
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,664,932
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Martin (County of) Health Facilities Authority (Martin Memorial
    Medical Center); Series&#160;2012, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.13
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,417,175
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Miami-Dade (County of) (Building Better Communities Program);
    Series&#160;2009 B-1, Unlimited Tax GO Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/38
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,164,930
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Miami-Dade (County of) Expressway Authority;
    Series&#160;2010&#160;A, Ref. Toll System RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,525
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,696,486
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Miami-Dade (County of) School Board; Series&#160;2003&#160;D,
    COP<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,431,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Miami-Dade (County of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2010, Water&#160;&#038; Sewer System RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/39
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,234,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012, Transit System Sales Surtax RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,307,960
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Orange (County of); Series&#160;2012&#160;B, Ref. Sales
    Tax&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,360
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,890,040
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Palm Beach (County of) Solid Waste Authority;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009, Improvement RB
    (INS&#150;BHAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,836,555
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2011,
    Ref.&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,395
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,620,781
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Port St. Lucie (City of); Series&#160;2009, Ref. Utility System
    RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,119,850
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Tampa (City of) Sports Authority; Series&#160;2005, Ref. Sales
    Tax RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,670
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,879,915
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    40,674,357
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Georgia&#150;3.75%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Atlanta (City of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2004&#160;C, Airport Passenger Facility
    Charge&#160;&#038; Sub.&#160;Lien General RB <BR>
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/33
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,281,100
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2010&#160;A, General Airport RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,221,840
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Augusta (City of); Series&#160;2004, Water&#160;&#038; Sewerage
    RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/39
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,153,320
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Metropolitan Atlanta Rapid Transit Authority;
    Series&#160;2007&#160;B, Ref. Third Indenture Sales Tax RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/34
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,390
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,581,167
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Private Colleges&#160;&#038; Universities Authority (Mercer
    University);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;A, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    975
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,081,129
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;A, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    540
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    579,922
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12,898,478
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Idaho&#150;1.58%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Idaho (State of) Health Facilities Authority (St. Luke&#146;s
    Regional Medical Center); Series&#160;2010, RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,488,320
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Idaho (State of) Housing&#160;&#038; Finance Association
    (Federal Highway Trust&#160;Fund); Series&#160;2008&#160;A,
    Grant&#160;&#038;
    RAB&#160;(INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/15/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,965,825
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,454,145
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Illinois&#150;12.36%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Chicago (City of) (O&#146;Hare International Airport);
    Series&#160;2005&#160;A, Third Lien General Airport RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,552,950
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Chicago (City of) Board of Education; Series&#160;2012&#160;A,
    Unlimited Tax GO Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,870
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,041,498
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Chicago (City of) Transit Authority (FTA Section&#160;5309 Fixed
    Guideway Modernization Formula Funds);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008, Capital Grant Receipts RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    480
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    531,494
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008, Capital Grant Receipts RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,210
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,333,130
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Chicago (City of) Transit Authority; Series&#160;2011, Sales Tax
    Receipts&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,730,750
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Chicago (City of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2007&#160;A, Ref. Project Unlimited Tax GO Bonds
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)(h)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/37
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,460
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,904,392
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;A, Unlimited Tax GO Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/33
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,400
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,586,774
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Cook (County of) Forest Preserve District;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;B, Ref. Limited Tax GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/15/32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,095
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,257,487
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;B, Ref. Limited Tax GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/15/37
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,095
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,230,572
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    DeKalb County Community Unit School District No.&#160;428;
    Series&#160;2008, Unlimited Tax GO Bonds
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,175
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,309,279
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Illinois (State of) Finance Authority (Northwestern Memorial
    Hospital); Series&#160;2009&#160;B, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.38
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/15/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,595
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,856,755
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Illinois (State of) Finance Authority (Swedish American
    Hospital); Series&#160;2004, RB
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,024,620
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">7&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">

</DIV>
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">
<FONT style="font-family: Arial, Helvetica">&#160;<BR>Illinois&#150;(continued)<BR></FONT>&#160;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Illinois (State of) Metropolitan Pier&#160;&#038; Exposition
    Authority (McCormick Place Expansion);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2002&#160;B, Ref. Conv.&#160;CAB RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/15/18
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    3,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    3,530,760
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;B,&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/15/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,870
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,527,552
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Railsplitter Tobacco Settlement Authority; Series&#160;2010, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,830
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,138,264
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    42,556,277
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Iowa&#150;1.84%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Iowa (State of) (IJOBS Program);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;A, Special
    Obligation&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)(h)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,225
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,652,667
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;A, Special
    Obligation&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)(h)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,665
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,978,653
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Iowa (State of) Finance Authority (Alcoa Inc.);
    Series&#160;2012, Midwestern Disaster Area RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4.75
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,700
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,710,098
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,341,418
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Kansas&#150;0.69%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Kansas (State of) Development Finance Authority (Adventist
    Health System/Sunbelt Obligated Group); Series&#160;2009&#160;C,
    Hospital RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    755
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    885,804
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Wyandotte (County of) &#038; Kansas City (City of) Unified
    Government; Series&#160;2009&#160;A, Utility System Improvement
    RB&#160;(INS&#150;BHAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/34
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,295
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,477,815
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,363,619
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Kentucky&#150;0.67%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Kentucky (State of) Property&#160;&#038; Buildings Commission
    (No.&#160;93); Series&#160;2009, Ref. RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,310,680
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Louisiana&#150;1.93%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Lafayette (City of) Public Trust&#160;Financing Authority
    (Ragin&#146; Cajun Facilities, Inc.-Housing&#160;&#038;
    Parking); Series&#160;2010, RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,289,280
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Lafayette (City of); Series&#160;2004, Utilities RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,340,720
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,630,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Massachusetts&#150;3.69%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Massachusetts (State of) Development Finance Agency (Harvard
    University);
    Series&#160;2009&#160;A,&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,925
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    9,628,241
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Massachusetts (State of) Development Finance Agency
    (Massachusetts Institute of Technology);
    Series&#160;2009&#160;O,&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,565
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,089,029
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12,717,270
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Michigan&#150;1.10%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Michigan (State of) Finance Authority (Sparrow Obligated Group);
    Series&#160;2012, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,750
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,914,553
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Wayne State University Board of Governors;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008, Ref. General RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    760
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    846,313
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008, Ref. General RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    930
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,028,738
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,789,604
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Missouri&#150;1.57%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Kansas City (City of) Industrial Development Authority (Downtown
    Redevelopment District);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2011&#160;A, Ref. RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    370
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    450,371
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2011&#160;A, Ref. RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    650
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    785,207
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2011&#160;A, Ref. RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    430
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    513,192
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Missouri (State of) Joint Municipal Electric Utility Commission
    (Plum Point); Series&#160;2006, Power Project
    RB&#160;(INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,610,100
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    St. Louis (County of) Industrial Development Authority
    (Friendship Village of Sunset Hills); Series&#160;2012, Senior
    Living Facilities RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,046,880
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,405,750
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="line-height: 5pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">8&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Montana&#150;0.30%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Montana (State of) Facility Finance Authority (Benefis Health
    System Obligated Group); Series&#160;2011&#160;A, Hospital
    RB&#160;(INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.75
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    895
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    1,047,535
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Nebraska&#150;1.14%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Nebraska (State of) Public Power District;
    Series&#160;2003&#160;A,&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,760
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,910,024
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Nevada&#150;1.96%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Clark (County of) (Las Vegas-McCarran International Airport);
    Series&#160;2010&#160;A, Passenger Facility Charge
    RB&#160;(INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/39
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,247,240
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Nevada (State of); Series&#160;2008&#160;C, Capital
    Improvement&#160;&#038; Cultural Affairs Limited Tax GO Bonds
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,498,800
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,746,040
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    New Jersey&#150;3.29%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    New Jersey (State of) Economic Development Authority (Provident
    Group&#150;Montclair Properties LLC&#150;Montclair State
    University Student Housing); Series&#160;2010&#160;A, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.88
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    880
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    976,580
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    New Jersey (State of) Economic Development Authority; Subseries
    2005 N-1, Ref. School Facilities Construction
    RB&#160;(INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,465
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,868,886
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    New Jersey (State of) Transportation
    Trust&#160;Fund&#160;Authority;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2005&#160;C, Transportation System RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/15/20
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,418,160
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2006&#160;C, Transportation System CAB RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/15/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,155
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,058,888
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,322,514
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    New York&#150;5.44%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Long Island Power Authority;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2003&#160;C, Electric System General RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,099,630
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2011&#160;A, Electric System General RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,230
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,507,367
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Metropolitan Transportation Authority; Series&#160;2010&#160;D,
    RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/34
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,457,170
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    New York (City of) Transitional Finance Authority; Subseries
    2012 <FONT style="white-space: nowrap">E-1,</FONT>
    Future Tax Sec.&#160;<BR>
    RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,720
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,272,011
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    New York (State of) Dormitory Authority (City of New York);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2005&#160;A, Court Facilities Lease RB
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    750
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    979,560
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2005&#160;A, Court Facilities Lease RB
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,150
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,512,135
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    New York (State of) Thruway Authority; Series&#160;2011
    <FONT style="white-space: nowrap">A-1,</FONT> Second
    General Highway&#160;&#038; Bridge
    Trust&#160;Fund&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    04/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,040
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,403,263
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    New York Liberty Development Corp. (7 World Trade Center);
    Series&#160;2012, Class&#160;1, Ref.
    Liberty&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/15/40
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,506,790
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,737,926
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    North Carolina&#150;1.04%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    North Carolina (State of) Medical Care Commission (Duke
    University Health System); Series&#160;2012&#160;A, Health Care
    Facilities&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,190
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,475,685
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    North Carolina (State of) Medical Care Commission (Vidant
    Health); Series&#160;2012&#160;A, Ref. Heath Care Facilities RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,100,810
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,576,495
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Ohio&#150;2.09%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Allen (County of) (Catholic Health Partners);
    Series&#160;2012&#160;A, Ref. Hospital Facilities RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,480
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,615,598
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Cleveland (City of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008 B-1, Public Power System CAB RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,270
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,260,372
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008 B-1, Public Power System CAB RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,720
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    858,400
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Hamilton (County of) (Christ Hospital); Series&#160;2012, Health
    Care Facilities RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,325
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,474,447
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Ohio (State of) Higher Educational Facility Commission (Summa
    Health System); Series&#160;2010, Hospital Facilities RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.75
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/35
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    900
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,021,050
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Ohio (State of) Water Development Authority (FirstEnergy Nuclear
    Generation Corp.); Series&#160;2009&#160;A, Ref.
    PCR<SUP style="font-size: 85%; vertical-align: top">(c)(g)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.88
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/33
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    850
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    958,026
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,187,893
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="line-height: 5pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">9&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Pennsylvania&#150;3.51%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Delaware (County of) Industrial Development Authority (Aqua
    Pennsylvania, Inc.); Series&#160;2005&#160;A, Water Facilities
    RB&#160;(INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)(f)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/37
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,083,300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Pennsylvania (State of) Economic Development Financing Authority
    (Waste Management, Inc.); Series&#160;2004&#160;A, Solid Waste
    Disposal&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(g)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3.70
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/21
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,800
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,900,548
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Philadelphia (City of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;1998, Ref. Water&#160;&#038; Wastewater RB
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/15/14
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,381,700
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2009&#160;B, Limited Tax GO Bonds
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7.13
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/15/38
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    875
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,005,121
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Philadelphia School District; Series&#160;2008&#160;E, Limited
    Tax GO Bonds
    (INS&#150;BHAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.13
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,717,950
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12,088,619
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Puerto Rico&#150;1.98%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Puerto Rico (Commonwealth of) Aqueduct&#160;&#038; Sewer
    Authority;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;A, Sr.&#160;Lien RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/33
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,025
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,039,647
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;A, Sr.&#160;Lien RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    705
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    709,526
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2012&#160;A, Sr.&#160;Lien RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/47
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    565
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    618,766
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Puerto Rico (Commonwealth of) Electric Power Authority;
    Series&#160;2012&#160;A, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,252,228
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Puerto Rico Sales Tax Financing Corp.; First Subseries
    2010&#160;C, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,050
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,180,134
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,800,301
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Rhode Island&#150;3.15%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Rhode Island Depositors Economic Protection Corp.;
    Series&#160;1993&#160;B, Ref. Special
    Obligation&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/17
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,831,600
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    South Carolina&#150;3.91%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Piedmont Municipal Power Agency; Series&#160;2011&#160;C, Ref.
    Electric RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.75
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/34
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,330
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,968,861
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    South Carolina (State of) Medical University Hospital Authority;
    Series&#160;2004&#160;A, Ref. FHA Insured Mortgage Hospital
    Facilities RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/15/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,602,735
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    South Carolina (State of) Public Service Authority (Santee
    Cooper); Series&#160;2006&#160;A, RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,411,520
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    South Carolina (State of) Public Service Authority;
    Series&#160;2003&#160;A,
    Ref.&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,360
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,494,366
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    13,477,482
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Tennessee&#150;0.39%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Memphis Center City Revenue Finance Corp. (Pyramid&#160;&#038;
    Pinch District Redevelopment); Series&#160;2011&#160;B,
    Sub.&#160;RB&#160;(INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/30
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,115
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,327,017
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Texas&#150;15.62%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Alamo Community College District; Series&#160;2012, Ref. Limited
    Tax GO Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/15/34
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,190
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,605,005
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Amarillo Health Facilities Corp. (Baptist St. Anthony&#146;s
    Hospital Corp.);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;1998, RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/16
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,020
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,291,226
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;1998, RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/17
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,075
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,624,826
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Capital Area Cultural Education Facilities Finance Corp. (The
    Roman Catholic Diocese of Austin); Series&#160;2005&#160;B, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.13
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    04/01/45
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    900
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    988,803
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Friendswood Independent School District; Series&#160;2008,
    Schoolhouse Unlimited Tax GO Bonds (CEP&#150;Texas Permanent
    School Fund)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/15/27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,133,510
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Harris (County of) Metropolitan Transit Authority;
    Series&#160;2011&#160;A, Sales&#160;&#038; Use
    Tax&#160;RB<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,429,780
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Harris County Health Facilities Development Corp. (TECO);
    Series&#160;2008, Thermal Utility RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/15/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,160
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,483,330
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Harris County Health Facilities Development Corp. (Texas
    Children&#146;s Hospital);
    <FONT style="white-space: nowrap">Series&#160;2008-3,</FONT>
    Ref.
    VRD&#160;RB<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.23
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/41
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Houston (City of) Convention&#160;&#038; Entertainment
    Facilities Department; Series&#160;2001&#160;B, Hotel Occupancy
    Tax&#160;&#038; Special CAB RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,975
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,177,624
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Houston (City of); Series&#160;2004&#160;A, Ref. First Lien
    Combined Utility System RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,435
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,849,201
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Houston Community College System;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008, Sr.&#160;Lien Student Fee RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    04/15/25
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,175
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,331,839
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008, Sr.&#160;Lien Student Fee RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    04/15/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    330
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    372,125
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Houston Higher Education Finance Corp. (Cosmos Foundation);
    Series&#160;2012&#160;A, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/15/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    890
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    925,333
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">10&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">

</DIV>
<DIV style="text-indent: 0pt; margin-left: 0pt; z-index: 1; position: relative">
<FONT style="font-family: Arial, Helvetica">&#160;<BR>Texas&#150;(continued)<BR></FONT>&#160;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Lower Colorado River Authority;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2001, Ref. RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    965
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    968,011
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2002, Ref. &#038;
    Improvement&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    130
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    134,330
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2002, Ref. &#038;
    Improvement&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    155
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    160,163
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2002, Ref. &#038;
    Improvement&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    50
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    51,695
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2002, Ref. &#038; Improvement RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/15/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,985
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,096,710
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    North Texas Tollway Authority;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008&#160;D, Ref. First Tier&#160;System CAB RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,222,918
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2008&#160;D, Ref. First Tier&#160;System CAB RB
    (INS&#150;AGC)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,775
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    780,095
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    San Jacinto River Authority (Groundwater Reduction Plan
    Division);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2011, Special Project RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,010
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,127,433
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2011, Special Project RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10/01/37
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,110
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,225,718
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Texas (State of) Turnpike Authority (Central Texas Turnpike
    System); Series&#160;2002&#160;A, First Tier&#160;RB
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/15/39
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,032,280
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Victoria Independent School District; Series&#160;2008, School
    Building Unlimited Tax GO Bonds (CEP&#150;Texas Permanent School
    Fund)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    02/15/24
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,510
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,772,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    53,783,955
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Utah&#150;3.07%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Intermountain Power Agency; Series&#160;2003&#160;A, Ref. Power
    Supply RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/21
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,166,350
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Utah (State of) Transit Authority; Series&#160;2008&#160;A,
    Sales Tax RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/15/36
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,640
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,394,742
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,561,092
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Virginia&#150;2.27%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Richmond (City of) Metropolitan Authority; Series&#160;2002,
    Ref. Expressway RB <BR>
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/15/22
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,506,730
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Roanoke (City of) Economic Development Authority (Carilion
    Clinic Obligated Group); Series&#160;2010, Ref. Hospital RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/33
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,098,710
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Roanoke (City of) Industrial Development Authority (Carilion
    Health System);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2005,
    Hospital&#160;RB<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/38
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    15
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,923
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2005&#160;B, Hospital RB
    (INS&#150;AGM)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    07/01/38
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    985
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,080,112
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Virginia (State of) Small Business Financing Authority
    (Elizabeth River Crossings Opco, LLC); Series&#160;2012,
    Sr.&#160;Lien&#160;RB<SUP style="font-size: 85%; vertical-align: top">(f)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.50
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    780
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    862,937
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Virginia (State of) Small Business Financing Authority (Express
    Lanes, LLC); Series&#160;2012,
    Sr.&#160;Lien&#160;RB<SUP style="font-size: 85%; vertical-align: top">(f)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    01/01/40
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,256,424
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,823,836
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Washington&#150;7.46%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Cowlitz (County of) Public Utility District No.&#160;1;
    Series&#160;2006, Production System RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/31
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,405,960
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Seattle (City of); Series&#160;2003, Ref. Water System RB
    (INS&#150;NATL)<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    09/01/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,870
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,007,186
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Seattle (Port of); Series&#160;2012&#160;A, Ref. Intermediate
    Lien RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,180
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,382,771
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Spokane County School District No.&#160;81; Series&#160;2005,
    Unlimited Tax GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(c)(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.13
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,500
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,826,775
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Washington (State of);
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2004&#160;F, Motor Vehicle Fuel Unlimited Tax CAB GO
    Bonds
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,300
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,422,190
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2010&#160;A, Various Purpose Unlimited Tax GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/29
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,895
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,706,328
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: 0pt; margin-left: 18pt">
    Series&#160;2010&#160;A, Various Purpose Unlimited Tax GO
    Bonds<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    08/01/30
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,095
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,939,143
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    25,690,353
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    West Virginia&#150;1.45%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    West Virginia (State of) Economic Development Authority
    (Appalachian Power Co.&#150;Amos); Series&#160;2010&#160;A, Ref.
    Solid Waste Disposal
    Facilities&#160;RB<SUP style="font-size: 85%; vertical-align: top">(g)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.38
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12/01/38
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,800
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,982,304
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    West Virginia (State of) Water Development Authority (Loan
    Program II); Series&#160;2003&#160;B, Ref. RB
    (INS&#150;AMBAC)<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.25
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11/01/23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,900
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,021,510
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,003,814
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="line-height: 5pt">
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">11&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->
<!-- XBRL Table Pagebreak -->

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="71%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Principal<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Maturity<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Rate</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">(000)</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Wisconsin&#150;1.52%<BR>
    &#160;
    </FONT>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Wisconsin (State of) Health&#160;&#038; Educational Facilities
    Authority (Mercy Alliance); Series&#160;2012, RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.00
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    06/01/39
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,250
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    2,410,335
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Wisconsin (State of); Series&#160;2009&#160;A, General
    Fund&#160;Annual Appropriation RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.63
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    05/01/28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,335
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,811,433
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5,221,768
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    TOTAL
    INVESTMENTS<SUP style="font-size: 85%; vertical-align: top">(j)</SUP>&#150;145.07%

    (Cost&#160;$452,041,779)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    499,518,441
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    FLOATING RATE NOTE OBLIGATIONS&#150;(25.15%)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Notes with interest rates ranging from 0.15% to 0.32% at
    <FONT style="white-space: nowrap">08/31/2012</FONT>
    and contractual maturities of collateral ranging from
    <FONT style="white-space: nowrap">06/01/25</FONT> to
    <FONT style="white-space: nowrap">07/01/43</FONT>
    (See
    Note&#160;1J)<SUP style="font-size: 85%; vertical-align: top">(k)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (86,580,000
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    VARIABLE RATE MUNI TERM PREFERRED SHARES&#150;(20.68%)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (71,200,000
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    OTHER ASSETS LESS LIABILITIES&#150;0.76%
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,579,986
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    NET ASSETS APPLICABLE TO COMMON SHARES&#150;100.00%
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    344,318,427
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Investment Abbreviations:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="13%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="86%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<!-- TableOutputBody -->
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    AGC
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Assured Guaranty Corp.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    AGM
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Assured Guaranty Municipal Corp.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    AMBAC
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;American Municipal Bond Assurance Corp.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    BHAC
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Berkshire Hathaway Assurance Corp.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    CAB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Capital Appreciation Bonds
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    CEP
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Credit Enhancement Provider
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Conv.
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;Convertible
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    COP
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Certificates of Participation
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    FHA
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Federal Housing Administration
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    FTA
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Federal Transit Administration
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    GO
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;General Obligation
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    INS
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;Insurer
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    NATL
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;National Public Finance Guarantee Corp.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    PCR
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Pollution Control Revenue Bonds
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    RAB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Revenue Anticipation Bonds
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    RB
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;Revenue Bonds
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Ref.
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;Refunding
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Sec.
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;Secured
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    SGI
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Syncora Guarantee, Inc.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Sr.
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;Senior
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Sub.
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    &#150;&#160;Subordinated
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    VRD
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    &#150;&#160;Variable Rate Demand
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Notes to Schedule of Investments:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="1%"></TD>
    <TD width="1%"></TD>
    <TD width="98%"></TD>
</TR>

<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(a)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Principal
    <FONT style="white-space: nowrap">and/or</FONT>
    interest payments are secured by the bond insurance company
    listed.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(b)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Underlying security related to
    Dealer Trusts entered into by the Trust. See Note&#160;1J.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(c)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Security has an irrevocable call by
    the issuer or mandatory put by the holder. Maturity date
    reflects such call or put.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(d)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Advance refunded; secured by an
    escrow fund of U.S.&#160;Government obligations or other highly
    rated collateral.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(e)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Zero coupon bond issued at a
    discount.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(f)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Security subject to the alternative
    minimum tax.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(g)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Interest or dividend rate is
    redetermined periodically. Rate shown is the rate in effect on
    August&#160;31, 2012.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(h)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Security is subject to a shortfall
    agreement which may require the Trust to pay amounts to a
    counterparty in the event of a significant decline in the market
    value of the security underlying the Dealer Trusts. In case of a
    shortfall, the maximum potential amount of payments the Trust
    could ultimately be required to make under the agreement is
    $7,590,000. However, such shortfall payment would be reduced by
    the proceeds from the sale of the security underlying the Dealer
    Trusts.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(i)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Demand security payable upon demand
    by the Trust at specified time intervals no greater than
    thirteen months. Interest rate is redetermined periodically.
    Rate shown is the rate in effect on August&#160;31, 2012.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(j)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">This table provides a listing of
    those entities that have either issued, guaranteed, backed or
    otherwise enhanced the credit quality of more than 5% of the
    securities held in the portfolio. In instances where the entity
    has guaranteed, backed or otherwise enhanced the credit quality
    of a security, it is not primarily responsible for the
    issuer&#146;s obligations but may be called upon to satisfy the
    issuer&#146;s obligations.
    </FONT></TD>
</TR>

</TABLE>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="margin-left: 5%; margin-right: 0%">
<TABLE border="0" width="95%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="90%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Entities</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Percentage</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Assured Guaranty Municipal Corp.&#160;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    21.8
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    National Public Finance Guarantee Corp.&#160;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    19.6
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Assured Guaranty Corp.&#160;
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.2
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="1%"></TD>
    <TD width="1%"></TD>
    <TD width="98%"></TD>
</TR>

<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(k)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Floating rate note obligations
    related to securities held. The interest rates shown reflect the
    rates in effect at August&#160;31, 2012. At August&#160;31,
    2012, the Trust&#146;s investments with a value of $155,943,594
    are held by Dealer Trusts and serve as collateral for the
    $86,580,000 in the floating rate note obligations outstanding at
    that date.
    </FONT></TD>
</TR>

</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV><B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Portfolio
    Composition</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">By
    credit sector, based on Total Investments</FONT></I>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">as
    of August&#160;31, 2012</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="86%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="5%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="5%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Revenue Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    73.7
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    General Obligation Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12.8
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Pre-refunded Bonds
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    13.3
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Other
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.2
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">12&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Statement
    of Assets and Liabilities</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">August&#160;31,
    2012</FONT></I>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">(Unaudited)</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="84%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="6%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="6%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Assets:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Investments, at value (Cost&#160;$452,041,779)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    499,518,441
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Interest receivable
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4,978,098
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Investment for trustee deferred compensation and retirement plans
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    11,723
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Deferred offering costs
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    220,941
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Other assets
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,803
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Total assets
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    504,740,006
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Liabilities:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Floating rate note obligations
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    86,580,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Variable rate muni term preferred shares, at liquidation value
    ($0.01 par value, 712 issued with liquidation preference of
    $100,000 per share)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    71,200,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Payable for:
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Investments purchased
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    927,882
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Amount due custodian
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,425,339
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Accrued other operating expenses
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    126,587
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Trustee deferred compensation and retirement plans
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    87,128
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Accrued interest expense
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    74,643
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Total liabilities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    160,421,579
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net assets applicable to common shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    344,318,427
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Net assets applicable to common shares consist&#160;of:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Shares of beneficial interest&#160;&#151; common shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    300,421,176
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Undistributed net investment income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3,109,534
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Undistributed net realized gain (loss)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (6,688,945
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Unrealized appreciation
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    47,476,662
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    344,318,427
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Shares outstanding, $0.01 par value per share, with an unlimited
    number of shares authorized:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Common shares outstanding
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,694,675
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net asset value per common share
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16.64
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Market value per common share
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16.26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">13&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Statement
    of Operations</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">For
    the six months ended August&#160;31, 2012</FONT></I>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">(Unaudited)</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="94%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Investment income:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Interest
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10,642,039
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Expenses:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Advisory fees
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    667,087
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Administrative services fees
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    50,935
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Custodian fees
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,314
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Interest, facilities and maintenance fees
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    748,120
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Transfer agent fees
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,181
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Trustees&#146; and officers&#146; fees and benefits
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    24,202
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Professional services fees
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    203,117
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Other
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    157,343
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Total expenses
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,863,299
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net investment income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,778,740
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="5" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Realized and unrealized gain from:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net realized gain from investment securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,842,562
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Change in net unrealized appreciation of investment securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,213,471
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net realized and unrealized gain
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    8,056,033
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net increase in net assets resulting from operations
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16,834,773
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Distributions to preferred shareholders from net investment
    income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (57,741
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net increase in net assets from operations applicable to common
    shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16,777,032
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">14&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Statement
    of Changes in Net Assets</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">For
    the six months ended August&#160;31, 2012 and the year ended
    February&#160;29, 2012</FONT></I>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">(Unaudited)</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="83%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">August 31,<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">February 29,<BR>
    </FONT></B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2012</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2012</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="9" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="9" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Operations:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net investment income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    8,778,740
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    18,312,733
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net realized gain (loss)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,842,562
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (807,451
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Change in net unrealized appreciation
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6,213,471
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    46,062,323
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Net increase in net assets resulting from operations
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16,834,773
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    63,567,605
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Distributions to preferred shareholders from net investment
    income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (57,741
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (203,135
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Net increase in net assets from operations applicable to common
    shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16,777,032
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    63,364,470
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Distributions to shareholders from net investment income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (9,312,605
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (18,366,527
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Net increase in net assets applicable to common shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7,464,427
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    44,997,943
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="9" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Net assets applicable to common shares:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Beginning of period
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    336,854,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    291,856,057
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    End of period (includes undistributed net investment income of
    $3,109,534 and $3,701,140, respectively)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    344,318,427
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    336,854,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    See accompanying Notes to Financial Statements which are an
    integral part of the financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">15&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Statement
    of Cash Flows</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">For
    the six months ended August&#160;31, 2012</FONT></I>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">(Unaudited)</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="94%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Cash provided by operating activities:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net increase in net assets resulting from operations applicable
    to common shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16,777,032
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Adjustments to reconcile the change in net assets applicable to
    common shares from operations to net cash provided by operating
    activities:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Purchases of investments
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (73,126,313
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Proceeds from sales of investments
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    74,872,074
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Amortization of premium
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    785,778
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Accretion of discount
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (771,219
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Increase in receivables and other assets
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (54,892
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Increase in accrued expenses and other payables
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    145,820
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net realized gain from investment securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,842,562
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net change in unrealized appreciation on investment securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (6,213,471
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Net cash provided by operating activities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,572,247
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Cash provided by (used in) financing activities:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Dividends paid to common shareholders from net investment income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (9,312,605
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Decrease in payable for amount due custodian
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (3,634,642
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Increase in VMTP shares, at liquidation value
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    71,200,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net proceeds from the redemption of preferred shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (71,200,000
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net proceeds from floating rate note obligations
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,375,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Net cash provided by (used in) financing activities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (10,572,247
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net increase in cash
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#160;&#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Cash at beginning of period
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#160;&#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Cash at end of period
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    &#160;&#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="5" valign="top">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Supplemental disclosure of cash flow information:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Cash paid during the period for interest, facilities and
    maintenance fees
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    748,999
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Notes
    to Financial Statements</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">August&#160;31,
    2012</FONT></I>
</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt; font-family: Arial, Helvetica">(Unaudited)</FONT></I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;1&#151;Significant
    Accounting Policies</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Invesco Value Municipal Income Trust (the &#147;Trust&#148;), a
    Massachusetts business trust, is registered under the Investment
    Company Act of 1940, as amended (the &#147;1940 Act&#148;), as a
    diversified, closed-end series management investment company.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Trust&#146;s investment objective is to provide
    current income which is exempt from federal income tax.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The following is a summary of the significant
    accounting policies followed by the Trust in the preparation of
    its financial statements.
</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">A. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Security
    Valuations</FONT></B>&#160;&#151; Securities, including
    restricted securities, are valued according to the following
    policy.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;Securities are fair valued using an
    evaluated quote provided by an independent pricing service
    approved by the Board of Trustees. Evaluated quotes provided by
    the pricing service may be determined without exclusive reliance
    on quoted prices and may reflect appropriate factors such as
    institution-size trading in similar groups of securities, yield,
    quality, coupon rate, maturity, type of issue, individual
    trading characteristics and other market data. Securities with a
    demand feature exercisable within one to seven days are valued
    at par. Debt securities are subject to interest rate and credit
    risks. In addition, all debt securities involve some risk of
    default with respect to interest and principal payments.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;Securities for which market quotations
    either are not readily available or are unreliable are valued at
    fair value as determined in good faith by or under the
    supervision of the Trust&#146;s officers following procedures
    approved by the Board of Trustees. Some of the factors which may
    be considered in determining fair value are fundamental
    analytical data relating to the investment; the nature and
    duration of any restrictions on transferability or disposition;
    trading in similar securities by the same issuer or comparable
    companies; relevant political, economic or issuer specific news;
    and other relevant factors under the circumstances.</TD>
</TR>

</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">16&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;Valuations change in response to many
    factors including the historical and prospective earnings of the
    issuer, the value of the issuer&#146;s assets, general economic
    conditions, interest rates, investor perceptions and market
    liquidity. Because of the inherent uncertainties of valuation,
    the values reflected in the financial statements may materially
    differ from the value received upon actual sale of those
    investments.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">B. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Securities
    Transactions and Investment Income</FONT></B>&#160;&#151;
    Securities transactions are accounted for on a trade date basis.
    Realized gains or losses on sales are computed on the basis of
    specific identification of the securities sold. Interest income
    is recorded on the accrual basis from settlement date. Dividend
    income (net of withholding tax, if any) is recorded on the
    ex-dividend date. Bond premiums and discounts are amortized
    <FONT style="white-space: nowrap">and/or</FONT>
    accreted for financial reporting purposes.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;The Trust may periodically participate
    in litigation related to Trust investments. As such, the Trust
    may receive proceeds from litigation settlements. Any proceeds
    received are included in the Statement of Operations as realized
    gain (loss) for investments no longer held and as unrealized
    gain (loss) for investments still held.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;Brokerage commissions and mark ups are
    considered transaction costs and are recorded as an increase to
    the cost basis of securities purchased
    <FONT style="white-space: nowrap">and/or</FONT> a
    reduction of proceeds on a sale of securities. Such transaction
    costs are included in the determination of net realized and
    unrealized gain (loss) from investment securities reported in
    the Statement of Operations and the Statement of Changes in Net
    Assets and the net realized and unrealized gains (losses) on
    securities per share in the Financial Highlights. Transaction
    costs are included in the calculation of the Trust&#146;s net
    asset value and, accordingly, they reduce the Trust&#146;s total
    returns. These transaction costs are not considered operating
    expenses and are not reflected in net investment income reported
    in the Statement of Operations and Statement of Changes in Net
    Assets, or the net investment income per share and ratios of
    expenses and net investment income reported in the Financial
    Highlights, nor are they limited by any expense limitation
    arrangements between the Trust and the investment adviser.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">C. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Country
    Determination</FONT></B>&#160;&#151; For the purposes of making
    investment selection decisions and presentation in the Schedule
    of Investments, the investment adviser may determine the country
    in which an issuer is located
    <FONT style="white-space: nowrap">and/or</FONT>
    credit risk exposure based on various factors. These factors
    include the laws of the country under which the issuer is
    organized, where the issuer maintains a principal office, the
    country in which the issuer derives 50% or more of its total
    revenues and the country that has the primary market for the
    issuer&#146;s securities, as well as other criteria. Among the
    other criteria that may be evaluated for making this
    determination are the country in which the issuer maintains 50%
    or more of its assets, the type of security, financial
    guarantees and enhancements, the nature of the collateral and
    the sponsor organization. Country of issuer
    <FONT style="white-space: nowrap">and/or</FONT>
    credit risk exposure has been determined to be the United States
    of America, unless otherwise noted.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">D. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Distributions</FONT></B>&#160;&#151;
    The Trust declares and pays monthly dividends from net
    investment income to common shareholders. Distributions from net
    realized capital gain, if any, are generally paid annually and
    are distributed on a pro rata basis to common and preferred
    shareholders. The Trust may elect to treat a portion of the
    proceeds from redemptions as distributions for federal income
    tax purposes.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">E. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Federal Income
    Taxes</FONT></B>&#160;&#151; The Trust intends to comply with
    the requirements of Subchapter&#160;M of the Internal Revenue
    Code necessary to qualify as a regulated investment company and
    to distribute substantially all of the Trust&#146;s taxable
    earnings to shareholders. As such, the Trust will not be subject
    to federal income taxes on otherwise taxable income (including
    net realized capital gain) that is distributed to shareholders.
    Therefore, no provision for federal income taxes is recorded in
    the financial statements.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;In addition, the Trust intends to invest
    in such municipal securities to allow it to qualify to pay
    shareholders &#147;exempt dividends&#148;, as defined in the
    Internal Revenue Code.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;The Trust files tax returns in the
    U.S.&#160;Federal jurisdiction and certain other jurisdictions.
    Generally, the Trust is subject to examinations by such taxing
    authorities for up to three years after the filing of the return
    for the tax period.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">F. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Accounting
    Estimates</FONT></B>&#160;&#151; The preparation of financial
    statements in conformity with accounting principles generally
    accepted in the United States of America (&#147;GAAP&#148;)
    requires management to make estimates and assumptions that
    affect the reported amounts of assets and liabilities at the
    date of the financial statements and the reported amounts of
    revenues and expenses during the reporting period including
    estimates and assumptions related to taxation. Actual results
    could differ from those estimates by a significant amount. In
    addition, the Trust monitors for material events or transactions
    that may occur or become known after the period-end date and
    before the date the financial statements are released to print.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">G. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Indemnifications</FONT></B>&#160;&#151;
    Under the Trust&#146;s organizational documents, each Trustee,
    officer, employee or other agent of the Trust is indemnified
    against certain liabilities that may arise out of the
    performance of their duties to the Trust. Additionally, in the
    normal course of business, the Trust enters into contracts,
    including the Trust&#146;s servicing agreements, that contain a
    variety of indemnification clauses. The Trust&#146;s maximum
    exposure under these arrangements is unknown as this would
    involve future claims that may be made against the Trust that
    have not yet occurred. The risk of material loss as a result of
    such indemnification claims is considered remote.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">H. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Cash and Cash
    Equivalents</FONT></B>&#160;&#151; For the purposes of the
    Statement of Cash Flows the Trust defines Cash and Cash
    Equivalents as cash (including foreign currency), money market
    funds and other investments held in lieu of cash and excludes
    investments made with cash collateral received.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">I. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Interest,
    Facilities and Maintenance Fees</FONT></B>&#160;&#151; Interest,
    Facilities and Maintenance Fees include interest and related
    borrowing costs such as commitment fees, rating and bank agent
    fees and other expenses associated with lines of credit and
    Variable Rate Muni Term Preferred Shares (&#147;VMTP
    Shares&#148;), and interest and administrative expenses related
    to establishing and maintaining Auction Rate Preferred Shares
    and floating rate note obligations, if any.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">J. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Floating Rate
    Note&#160;Obligations</FONT></B>&#160;&#151; The Trust invests
    in inverse floating rate securities, such as Residual Interest
    Bonds (&#147;RIBs&#148;) or Tender Option Bonds
    (&#147;TOBs&#148;) for investment purposes and to enhance the
    yield of the Trust. Inverse floating rate investments tend to
    underperform the market for fixed rate bonds in a rising
    interest rate environment, but tend to outperform the market for
    fixed rate bonds when interest rates decline or remain
    relatively stable. Such transactions may be purchased in the
    secondary market without first owning the underlying bond or by
    the sale of fixed rate bonds by the Trust to special purpose
    trusts established by a broker dealer (&#147;Dealer
    Trusts&#148;) in exchange for cash and residual interests in the
    Dealer Trusts&#146; assets and cash flows, which are in the form
    of inverse floating rate securities. The Dealer Trusts finance
    the purchases of the fixed rate bonds by issuing floating rate
    notes to third parties and allowing the Trust to retain residual
    interests in the bonds. The floating rate notes issued by the
    Dealer Trusts have interest rates that reset weekly and the
    floating rate note holders have the option to tender their notes
    to the Dealer Trusts for redemption at par at each </TD>
</TR>
<!-- XBRL Paragraph Pagebreak -->

</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">17&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="1%"></TD>
    <TD width="97%"></TD>
</TR>

<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    reset date. The residual interests held by the Trust (inverse
    floating rate investments) include the right of the Trust
    (1)&#160;to cause the holders of the floating rate notes to
    tender their notes at par at the next interest rate reset date,
    and (2)&#160;to transfer the municipal bond from the Dealer
    Trusts to the Trust, thereby collapsing the Dealer Trusts.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;TOBs are presently classified as private
    placement securities. Private placement securities are subject
    to restrictions on resale because they have not been registered
    under the Securities Act of 1933, as amended, or are otherwise
    not readily marketable. As a result of the absence of a public
    trading market for these securities, they may be less liquid
    than publicly traded securities. Although these securities may
    be resold in privately negotiated transactions, the prices
    realized from these sales could be less than those originally
    paid by the Trust or less than what may be considered the fair
    value of such securities.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;The Trust accounts for the transfer of
    bonds to the Dealer Trusts as secured borrowings, with the
    securities transferred remaining in the Trust&#146;s investment
    assets, and the related floating rate notes reflected as Trust
    liabilities under the caption <I>Floating rate note
    obligations</I> on the Statement of Assets and Liabilities. The
    Trust records the interest income from the fixed rate bonds
    under the caption <I>Interest</I> and records the expenses
    related to floating rate obligations and any administrative
    expenses of the Dealer Trusts as a component of <I>Interest,
    facilities and maintenance fees</I> on the Statement of
    Operations.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;The Trust generally invests in inverse
    floating rate securities that include embedded leverage, thus
    exposing the Trust to greater risks and increased costs. The
    primary risks associated with inverse floating rate securities
    are varying degrees of liquidity and the changes in the value of
    such securities in response to changes in market rates of
    interest to a greater extent than the value of an equal
    principal amount of a fixed rate security having similar credit
    quality, redemption provisions and maturity which may cause the
    Trust&#146;s net asset value to be more volatile than if it had
    not invested in inverse floating rate securities. In certain
    instances, the short-term floating rate interests created by the
    special purpose trust may not be able to be sold to third
    parties or, in the case of holders tendering (or putting) such
    interests for repayment of principal, may not be able to be
    remarketed to third parties. In such cases, the special purpose
    trust holding the long-term fixed rate bonds may be collapsed.
    In the case of RIBs or TOBs created by the contribution of
    long-term fixed income bonds by the Trust, the Trust will then
    be required to repay the principal amount of the tendered
    securities. During times of market volatility, illiquidity or
    uncertainty, the Trust could be required to sell other portfolio
    holdings at a disadvantageous time to raise cash to meet that
    obligation.</TD>
</TR>




<TR>
    <TD valign="top">
    <B><FONT style="font-family: Arial, Helvetica">K. </FONT></B></TD>
    <TD></TD>
    <TD valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Other
    Risks</FONT></B>&#160;&#151; The value of, payment of interest
    on, repayment of principal for and the ability to sell a
    municipal security may be affected by constitutional amendments,
    legislative enactments, executive orders, administrative
    regulations, voter initiatives and the economics of the regions
    in which the issuers are located.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;Since many municipal securities are
    issued to finance similar projects, especially those relating to
    education, health care, transportation and utilities, conditions
    in those sectors can affect the overall municipal securities
    market and the Trust&#146;s investments in municipal securities.</TD>
</TR>




<TR>
    <TD valign="top">
</TD>
    <TD></TD>
    <TD valign="bottom">
    &#160;&#160;&#160;&#160;There is some risk that a portion or all
    of the interest received from certain tax-free municipal
    securities could become taxable as a result of determinations by
    the Internal Revenue Service.</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;2&#151;Advisory
    Fees and Other Fees Paid to Affiliates</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Trust has entered into a master investment advisory
    agreement with Invesco Advisers, Inc. (the &#147;Adviser&#148;
    or &#147;Invesco&#148;). Under the terms of the investment
    advisory agreement, the Trust pays an advisory fee to the
    Adviser based on the annual rate of 0.27% of the Trust&#146;s
    average weekly managed assets. Managed assets for this purpose
    means the Trust&#146;s net assets, plus assets attributable to
    outstanding preferred shares and the amount of any borrowings
    incurred for the purpose of leverage (whether or not such
    borrowed amounts are reflected in the Trust&#146;s financial
    statements for purposes of GAAP).
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Under the terms of a master sub-advisory agreement
    between the Adviser and each of Invesco Asset Management
    Deutschland GmbH, Invesco Asset Management Limited, Invesco
    Asset Management (Japan) Limited, Invesco Australia Limited,
    Invesco Hong Kong Limited, Invesco Senior Secured Management,
    Inc. and Invesco Canada Ltd. (collectively, the &#145;Affiliated
    Sub-Advisers&#145;) the Adviser, not the Trust, may pay 40% of
    the fees paid to the Adviser to any such Affiliated
    Sub-Adviser(s) that provide(s) discretionary investment
    management services to the Trust based on the percentage of
    assets allocated to such Sub-Adviser(s).
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Adviser had contractually agreed, through June
    30, 2012, to waive advisory fees and/or reimburse expenses to
    the extent necessary to limit the Trust&#146;s expenses
    (excluding certain items discussed below) to 0.64%. In
    determining the Adviser&#146;s obligation to waive advisory fees
    and/or reimburse expenses, the following expenses were not taken
    into account, and could have caused the Trust&#146;s expenses to
    exceed the limit reflected above: (1) interest; (2) taxes; (3)
    dividend expense on short sales; (4) extraordinary or
    non-routine items, including litigation expenses; and (5)
    expenses that the Trust has incurred but did not actually pay
    because of an expense offset arrangement, if applicable. The fee
    waiver agreement terminated on June 30, 2012. The Adviser did
    not waive fees and/or reimburse expenses during the period under
    this expense limitation.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Trust has entered into a master administrative
    services agreement with Invesco pursuant to which the Trust has
    agreed to pay Invesco for certain administrative costs incurred
    in providing accounting services to the Trust. For the six
    months ended August 31, 2012, expenses incurred under these
    agreement are shown in the Statement of Operations as
    <I>Administrative services fees</I>.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Certain officers and trustees of the Trust are
    officers and directors of Invesco.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;3&#151;Additional
    Valuation Information</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    GAAP defines fair value as the price that would be received to
    sell an asset or paid to transfer a liability in an orderly
    transaction between market participants at the measurement date,
    under current market conditions. GAAP establishes a hierarchy
    that prioritizes the inputs to valuation methods giving the
    highest priority to readily available unadjusted quoted prices
    in an active market for identical assets (Level&#160;1)&#160;and
    the lowest priority to significant unobservable inputs
</DIV>
<!-- XBRL Paragraph Pagebreak -->
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">18&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    (Level&#160;3)&#160;generally when market prices are not readily
    available or are unreliable. Based on the valuation inputs, the
    securities or other investments are tiered into one of three
    levels. Changes in valuation methods may result in transfers in
    or out of an investment&#146;s assigned level:
</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="1%"></TD>
    <TD width="7%"></TD>
    <TD width="92%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;Level&#160;1&#160;&#151;
</TD>
    <TD align="left">
    Prices are determined using quoted prices in an active market
    for identical assets.
</TD>
</TR>




<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;Level&#160;2&#160;&#151;
</TD>
    <TD align="left">
    Prices are determined using other significant observable inputs.
    Observable inputs are inputs that other market participants may
    use in pricing a security. These may include quoted prices for
    similar securities, interest rates, prepayment speeds, credit
    risk, yield curves, loss severities, default rates, discount
    rates, volatilities and others.
</TD>
</TR>




<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    &#160;&#160;Level&#160;3&#160;&#151;
</TD>
    <TD align="left">
    Prices are determined using significant unobservable inputs. In
    situations where quoted prices or observable inputs are
    unavailable (for example, when there is little or no market
    activity for an investment at the end of the period),
    unobservable inputs may be used. Unobservable inputs reflect the
    Trust&#146;s own assumptions about the factors market
    participants would use in determining fair value of the
    securities or instruments and would be based on the best
    available information.
</TD>
</TR>

</TABLE>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The following is a summary of the tiered valuation
    input levels, as of August&#160;31, 2012. The level assigned to
    the securities valuations may not be an indication of the risk
    or liquidity associated with investing in those securities.
    Because of the inherent uncertainties of valuation, the values
    reflected in the financial statements may materially differ from
    the value received upon actual sale of those investments.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="63%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="8%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Level 1</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Level 2</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Level 3</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Total</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="17" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Municipal Obligations
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    499,518,441
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    499,518,441
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="17" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;4&#151;Security
    Transactions with Affiliated Funds</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Trust is permitted to purchase or sell securities from or to
    certain other Invesco Funds under specified conditions outlined
    in procedures adopted by the Board of Trustees of the Trust. The
    procedures have been designed to ensure that any purchase or
    sale of securities by the Trust from or to another fund or
    portfolio that is or could be considered an affiliate by virtue
    of having a common investment adviser (or affiliated investment
    advisers), common Trustees
    <FONT style="white-space: nowrap">and/or</FONT>
    common officers complies with
    <FONT style="white-space: nowrap">Rule&#160;17a-7</FONT>
    of the 1940 Act. Further, as defined under the procedures, each
    transaction is effected at the current market price. Pursuant to
    these procedures, for the six months ended August&#160;31, 2012,
    the Trust engaged in securities purchases of $5,000,301.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;5&#151;Trustees&#146;
    and Officers&#146; Fees and Benefits</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#147;Trustees&#146; and Officers&#146; Fees and Benefits&#148;
    include amounts accrued by the Trust to pay remuneration to
    certain Trustees and Officers of the Trust. Trustees have the
    option to defer compensation payable by the Trust, and
    &#147;Trustees&#146; and Officers&#146; Fees and Benefits&#148;
    also include amounts accrued by the Trust to fund such deferred
    compensation amounts. Those Trustees who defer compensation have
    the option to select various Invesco Trusts in which their
    deferral accounts shall be deemed to be invested. Finally,
    certain current Trustees are eligible to participate in a
    retirement plan that provides for benefits to be paid upon
    retirement to Trustees over a period of time based on the number
    of years of service. The Trust may have certain former Trustees
    who also participate in a retirement plan and receive benefits
    under such plan. &#147;Trustees&#146; and Officers&#146; Fees
    and Benefits&#148; include amounts accrued by the Trust to fund
    such retirement benefits. Obligations under the deferred
    compensation and retirement plans represent unsecured claims
    against the general assets of the Trust.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;6&#151;Cash
    Balances and Borrowings</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Trust is permitted to temporarily carry a negative or
    overdrawn balance in its account with State Street Bank and
    Trust&#160;Company, the custodian bank. Such balances, if any at
    period end, are shown in the Statement of Assets and Liabilities
    under the payable caption <I>Amount due custodian</I>. To
    compensate the custodian bank for such overdrafts, the overdrawn
    Trust may either (1)&#160;leave funds as a compensating balance
    in the account so the custodian bank can be compensated by
    earning the additional interest; or (2)&#160;compensate by
    paying the custodian bank at a rate agreed upon by the custodian
    bank and Invesco, not to exceed the contractually agreed upon
    rate.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Inverse floating rate obligations resulting from the
    transfer of bonds to Dealer Trusts are accounted for as secured
    borrowings. The average floating rate notes outstanding and
    average annual interest and fees related to inverse floating
    rate note obligations during the six months ended
    August&#160;31, 2012 were $85,307,143 and 0.93%, respectively.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;7&#151;Tax
    Information</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The amount and character of income and gains to be distributed
    are determined in accordance with income tax regulations, which
    may differ from generally accepted accounting principles.
    Reclassifications are made to the Trust&#146;s capital accounts
    to reflect income and gains available for distribution (or
    available capital loss carryforward) under income tax
    regulations. The tax character of distributions paid during the
    year and the tax components of net assets will be reported at
    the Trust&#146;s fiscal year-end.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Capital loss carryforward is calculated and reported
    as of a specific date. Results of transactions and other
    activity after that date may affect the amount of capital loss
    carryforward actually available for the Trust to utilize. The
    Regulated Investment Company Modernization Act of 2010 (the
    &#147;Act&#148;) eliminated the eight-year carryover period for
    capital losses that arise in taxable years beginning after its
    enactment date of December&#160;22, 2010. Consequently, these
    capital losses can be carried forward for an unlimited period.
    However, capital losses with an expiration period may not be
    used to offset capital gains until all net capital losses
    without an expiration date have been utilized. Additionally,
    post-enactment capital loss carryovers will retain their
    character as either short-term or long-term capital losses
    instead of as short-term capital losses as under prior law. The
    ability to utilize capital loss carryforward in the future may
    be limited under the Internal Revenue Code and related
    regulations based on the results of future transactions.
</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">19&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Trust had a capital loss carryforward as of
    February&#160;29, 2012 which expires as follows:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="76%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="13" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 9pt; font-family: Arial, Helvetica">Capital
    Loss Carryforward*</FONT></B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Expiration</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Short-Term</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Long-Term</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Total</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    February&#160;28, 2017
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    6,459,610
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    6,459,610
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="13" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    February&#160;28, 2018
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,574,576
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,574,576
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="13" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Not subject to expiration
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    65,493
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    65,493
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="13" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Total capital loss carryforward
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    8,034,186
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    65,493
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    8,099,679
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="13" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    <FONT style="font-size: 9pt"> *&#160;
    </FONT></TD>
    <TD align="left">
    <FONT style="font-size: 9pt">Capital loss carryforward as of the
    date listed above is reduced for limitations, if any, to the
    extent required by the Internal Revenue Code.
    </FONT>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;8&#151;Investment
    Securities</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The aggregate amount of investment securities (other than
    short-term securities, U.S.&#160;Treasury obligations and money
    market funds, if any) purchased and sold by the Trust during the
    six months ended August&#160;31, 2012 was $75,528,897 and
    $74,872,074, respectively. Cost of investments on a tax basis
    includes the adjustments for financial reporting purposes as of
    the most recently completed federal income tax reporting
    period-end.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="94%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="5" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-size: 9pt; font-family: Arial, Helvetica">Unrealized
    Appreciation (Depreciation) of Investment Securities on a Tax
    Basis</FONT></B>
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Aggregate unrealized appreciation of investment securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    47,181,556
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Aggregate unrealized (depreciation) of investment securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="top">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net unrealized appreciation of investment securities
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    47,181,556
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="top" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="top">
    Cost of investments for tax purposes is $452,336,885.
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;9&#151;Auction
    Rate Preferred Shares</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Trust is authorized to issue Auction Rate Preferred Shares
    (&#147;ARPS&#148;). On June&#160;11, 2012, the Trust redeemed
    all of its outstanding ARPS at their respective liquidation
    preference, including accrued and unpaid dividends, if any,
    through the redemption date. The redemptions were funded with
    proceeds received from the issuance of VMTP Shares.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Historically, the Trust paid annual fees equivalent
    to 0.25% of the ARPS liquidation value for the remarketing
    efforts associated with the auction. Effective March&#160;16,
    2009, the Trust decreased this amount to 0.15% due to auction
    failures. These fees are included as a component of <I>Interest,
    facilities and maintenance fees</I> expense on the Statement of
    Operations.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Dividends, which are cumulative, are reset through
    auction procedures.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="88%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="7%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Range of<BR>
    </FONT></B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Series</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Dividend
    Rates&#134;</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="5" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    1
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.198-0.396
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    2
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.198-0.396
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    3
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.198-0.396
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    4
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.198-0.396
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    5
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.198-0.396
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="5" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">     &#134;</SUP></FONT><FONT style="font-size: 9pt">&#160;
    </FONT></TD>
    <TD align="left">
    <FONT style="font-size: 9pt">For the period March&#160;1, 2012
    through May&#160;24, 2012.
    </FONT>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Trust was subject to certain restrictions
    relating to the ARPS. Failure to comply with these restrictions
    could have precluded the Trust from declaring any distributions
    to common shareholders or purchasing common shares
    <FONT style="white-space: nowrap">and/or</FONT> could
    trigger the mandatory redemption of ARPS at liquidation value.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Beginning February&#160;15, 2008 and continuing
    through June&#160;15, 2012, all series of ARPS of the Trust were
    not successfully remarketed. As a result, the dividend rates of
    these ARPS were reset to the maximum applicable rate.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Transactions in ARPS were as follows:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="88%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Shares</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Value</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="9" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Outstanding at February&#160;29, 2012
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,424
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    71,200,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Shares redeemed
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1,424
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (71,200,000
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Outstanding at August&#160;31, 2012
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;10&#151;Variable
    Rate Muni Term Preferred Shares</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    On May&#160;9, 2012, the Trust issued 712 Series&#160;2015/6-IIM
    VMTP Shares, with a liquidation preference of $100,000 per share
    pursuant to an offering exempt from registration under the
    Securities Act of 1933. Proceeds from the issuance of VMTP
    Shares were used to redeem all of the Trust&#146;s outstanding
    ARPS. VMTP Shares are a floating-rate form of preferred shares
    with a mandatory redemption date. The Trust is required to
    redeem all outstanding VMTP Shares on June&#160;1, 2015, unless
    earlier redeemed, repurchased or extended. VMTP Shares are
    subject to optional and mandatory redemption in certain
    circumstances.
</DIV>
<!-- XBRL Paragraph Pagebreak -->
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">20&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The redemption price per share is equal to the sum of the
    liquidation value per share plus any accumulated but unpaid
    dividends and a redemption premium, if any.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Trust incurred costs in connection with the
    issuance of VMTP Shares. These costs were recorded as a deferred
    charge and will be amortized over the 3&#160;year life of the
    VMTP Shares. Amortization of these costs is included in
    <I>Interest, facilities and maintenance fees</I> on the
    Statement of Operations and the unamortized balance is included
    in <I>Deferred offering costs</I> on the Statement of Assets and
    Liabilities.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Dividends paid on the VMTP Shares (which are treated
    as interest expense for financial reporting purposes) are
    declared daily and paid monthly. The initial rate for dividends
    is equal to the sum of 1.10% per annum plus the Securities
    Industry and Financial Markets Association Municipal Swap Index.
    Subsequent rates take into account a ratings spread which is
    based on the long term preferred share ratings assigned to the
    VMTP Shares by Moody&#146;s and Fitch. The average liquidation
    value outstanding and the average annualized dividend rate of
    the VMTP Shares during the six months ended August&#160;31, 2012
    were $71,200,000 and 1.27%, respectively.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Trust is subject to certain restrictions, such
    as maintaining certain asset coverage and leverage ratio
    requirements relating to the VMTP Shares. Failure to comply with
    these restrictions could preclude the Trust from declaring any
    distributions to common shareholders or purchasing common shares
    <FONT style="white-space: nowrap">and/or</FONT> could
    trigger the mandatory redemption of VMTP Shares at liquidation
    value.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;For financial reporting purposes, the liquidation
    value of VMTP Shares, which is considered debt of the issuer, is
    recorded as a liability under the caption <I>Variable rate muni
    term preferred shares</I> on the Statement of Assets and
    Liabilities. Unpaid dividends on VMTP Shares are recognized as
    <I>Accrued interest expense</I> on the Statement of Assets and
    Liabilities. Dividends paid on VMTP Shares are recognized as a
    component of <I>Interest, facilities and maintenance fees</I> on
    the Statement of Operations.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;11&#151;Common
    Shares of Beneficial Interest</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Transactions in common shares of beneficial interest were as
    follows:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="82%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">August 31,<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">February 29,<BR>
    </FONT></B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2012</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2012</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="9" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Beginning shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,694,675
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,694,675
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Shares&#160;issued through dividend reinvestment
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Ending shares
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,694,675
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    20,694,675
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="9" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Trustees have approved share repurchases whereby
    the Trust may, when appropriate, purchase shares in the open
    market or in privately negotiated transactions at a price not
    above market value or net asset value, whichever is lower at the
    time of purchase.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;12&#151;Dividends</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Trust declared the following dividends to common
    shareholders from net investment income subsequent to
    August&#160;31, 2012:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="64%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="5%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="5%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="4%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="4%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="4%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="4%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Declaration
    Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Amount Per
    Share</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Record
    Date</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Payable
    Date</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="13" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    September&#160;4, 2012
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    0.075
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    September 9, 2012
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    September 28, 2012
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="13" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    October&#160;1, 2012
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    0.075
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    October 12, 2012
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    October 31, 2012
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="13" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">21&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;13&#151;Financial
    Highlights</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The following schedule presents financial highlights for a share
    of the Trust outstanding throughout the periods indicated.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="48%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=06 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=06 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=06 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=06 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=07 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=07 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=07 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=07 type=hang1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=08 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=08 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=08 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=08 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Six months<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Four months<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">ended<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Year ended<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">ended<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">August 31,<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">February 29,<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">February 28,<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="15" align="center" valign="bottom" style="border-bottom: 1px solid #000000">
    <B><FONT style="font-family: Arial, Helvetica">Years ended
    October 31,</FONT></B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2012</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2012</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2011</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2010</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2009</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2008</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">2007</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="29" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net asset value per common share, beginning of period
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16.28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    14.10
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    15.46
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    14.65
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    12.76
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    15.32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    15.81
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net investment
    income<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.42
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.89
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.27
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.93
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.94
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.95
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.96
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Net gains (losses) on securities (both realized and unrealized)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.39
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2.19
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1.33
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.77
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.88
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2.57
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.46
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Dividends paid to preferred shareholders from net investment
    income<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.00
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.01
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.01
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.02
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.05
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.26
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.27
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Total from investment operations
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.81
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3.07
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1.07
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.68
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2.77
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (1.88
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.23
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Less distributions paid to common shareholders:
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Dividends from net investment income
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.45
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.89
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.29
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.87
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.77
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.68
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.69
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Distributions from net realized gains
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.11
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.02
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.06
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 27pt">
    Total distributions to common shareholders
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.45
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.89
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.29
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.87
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.88
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.70
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (0.75
</TD>
<TD nowrap align="left" valign="bottom">
    )
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Anti-dilutive effect of shares <BR>
    repurchased<SUP style="font-size: 85%; vertical-align: top">(a)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.02
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.03
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net asset value per common share, end of period
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16.64
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16.28
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    14.10
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    15.46
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    14.65
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    12.76
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    15.32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Market value per common share, end of period
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    16.26
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    17.16
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    13.15
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    15.32
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    13.40
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    10.76
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    13.81
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Total return at net asset
    value<SUP style="font-size: 85%; vertical-align: top">(b)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.04
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    22.44
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (6.82
</TD>
<TD nowrap align="left" valign="bottom">
    )%
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12.05
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Total return at market
    value<SUP style="font-size: 85%; vertical-align: top">(c)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (2.62
</TD>
<TD nowrap align="left" valign="bottom">
    )%
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    38.39
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (12.30
</TD>
<TD nowrap align="left" valign="bottom">
    )%
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    21.39
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    33.83
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    (17.80
</TD>
<TD nowrap align="left" valign="bottom">
    )%
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.03
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Net assets applicable to common shares, end of period (000s
    omitted)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    344,318
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    336,854
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    291,856
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    320,035
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    303,157
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    264,145
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    320,233
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Portfolio turnover
    rate<SUP style="font-size: 85%; vertical-align: top">(d)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    13
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    3
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    16
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    12
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    7
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD colspan="29" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Ratios/supplemental data based on average net assets applicable
    to common shares:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Ratio of
    expenses<SUP style="font-size: 85%; vertical-align: top">(e)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.09
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(f)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.03
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.38
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(g)(h)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.88
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.02
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.15
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.18
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)(j)</SUP>

</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Ratio of expenses excluding interest, facilities and maintenance
    fees<SUP style="font-size: 85%; vertical-align: top">(e)(k)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.65
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(f)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.78
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.14
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(g)(h)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.68
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.74
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.75
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.75
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)(j)</SUP>

</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Ratio of net investment income before preferred share dividends
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.16
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(f)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.85
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.81
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(h)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.15
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.86
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.43
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.24
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Preferred share dividends
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.03
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(f)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.06
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.12
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(h)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.11
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.37
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.76
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1.75
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Ratio of net investment income after preferred share dividends
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.13
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(f)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.79
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    5.69
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(h)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.04
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    6.49
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4.67
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    4.49
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(i)</SUP>

</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 9pt">
    Rebate from Morgan Stanley affiliate
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    &#151;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(l)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(l)</SUP>

</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0.00
</TD>
<TD nowrap align="left" valign="bottom">
    %<SUP style="font-size: 85%; vertical-align: top">(l)</SUP>

</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 2px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="29" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;<BR>
    Senior securities:<BR>
    &#160;</FONT></B>
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Total amount of preferred shares outstanding (000s
    omitted)<SUP style="font-size: 85%; vertical-align: top">(m)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    71,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    71,200
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    82,050
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Asset coverage per preferred
    share<SUP style="font-size: 85%; vertical-align: top">(n)(m)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    583,593
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    286,555
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    227,853
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    490
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    469
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    343
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    307
</TD>
<TD nowrap align="left" valign="bottom">
    %
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD align="left" valign="bottom">
<DIV style="text-indent: -9pt; margin-left: 18pt">
    Liquidating preference per preferred
    share<SUP style="font-size: 85%; vertical-align: top">(m)</SUP>

</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    100,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    $
</TD>
<TD nowrap align="right" valign="bottom">
    50,000
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD colspan="29" align="left" valign="bottom" style="border-top: 4px solid #000000">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

<TR>
    <TD width="1%"></TD>
    <TD width="1%"></TD>
    <TD width="98%"></TD>
</TR>

<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(a)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Calculated using average shares
    outstanding.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(b)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Includes adjustments in accordance
    with accounting principles generally accepted in the United
    States of America and as such, the net asset value for financial
    reporting purposes and the returns based upon those net asset
    values may differ from the net asset value and returns for
    shareholder transactions. Not annualized for periods less than
    one year, if applicable.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(c)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Total return assumes an investment
    at the common share market price at the beginning of the period
    indicated, reinvestment of all distributions for the period in
    accordance with the Trust&#146;s dividend reinvestment plan, and
    sale of all of the shares at the closing common share market
    price at the end of the period indicated. Not annualized for
    periods less than one year, if applicable.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(d)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Portfolio turnover is calculated at
    the fund level and is not annualized for periods less than one
    year, if applicable.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(e)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Ratios do not reflect the effect of
    dividend payments to preferred shareholders.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(f)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Ratios are annualized and based on
    average daily net assets applicable to common shares (000&#146;s
    omitted) of $337,390.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(g)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Ratio includes an adjustment for a
    change in accounting estimate for professional services fees
    during the period. Ratios excluding this adjustment would have
    been lower by 0.14%.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(h)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Annualized.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(i)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">The ratios reflect the rebate of
    certain Trust expenses in connection with investments in a
    Morgan Stanley affiliate during the period. The effect of the
    rebate on the ratios is disclosed in the above table as
    &#147;Rebate from Morgan Stanley affiliate&#148;.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(j)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Does not reflect the effect of
    expense offset of 0.01%.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(k)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">For the years ended
    October&#160;31, 2010 and prior, ratio does not exclude
    facilities and maintenance fees.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(l)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Amount is less than 0.005%.
    </FONT></TD>
</TR>



<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(m)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">For the years ended
    February&#160;29, 2012 and prior, amounts are based on ARPS
    outstanding.
    </FONT></TD>
</TR>




<TR>
    <TD valign="top">
    <FONT style="font-size: 9pt"><SUP style="font-size: 85%; vertical-align: top">(n)</SUP></FONT></TD>
    <TD></TD>
    <TD valign="bottom">
    <FONT style="font-size: 9pt">Calculated by subtracting the
    Trust&#146;s total liabilities (not including the preferred
    shares) from the Trust&#146;s total assets and dividing this by
    the number of preferred shares outstanding. For periods prior to
    February&#160;28, 2011, calculated by subtracting the
    Trust&#146;s total liabilities (not including the preferred
    shares) from the Trust&#146;s total assets and dividing this by
    preferred shares at liquidation value.
    </FONT></TD>
</TR>

</TABLE>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">22&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;14&#151;Subsequent
    Event</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board of Trustees of the Trust (the &#147;Board&#148;)
    approved the redomestication of the Trust, a Massachusetts
    business trust, into a Delaware statutory trust pursuant to an
    Agreement and Plan of Redomestication (the
    &#147;Redomestication&#148;). The Board also approved an
    Agreement and Plan of Merger pursuant to which Invesco Value
    Municipal Bond Trust, Invesco Value Municipal Securities and
    Invesco Value Municipal Trust (each, a &#147;Target Trust&#148;)
    merged with and into the Trust in accordance with the Delaware
    Statutory Trust&#160;Act (the &#147;Merger&#148;). As a result
    of the Merger, all of the assets and liabilities on each Target
    Trust became assets and liabilities of the Trust and each Target
    Trust&#146;s shareholders will become shareholders of the Trust.
    The Redomestication and Merger were consummated on
    October&#160;15, 2012.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Effective September&#160;25, 2012, the advisory fee
    for the Trust changed from 0.27% to 0.55%.
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">NOTE&#160;15&#151;Legal
    Proceedings</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I>Terms used in the Legal Proceedings Note are defined terms
    solely for the purpose of this note.</I>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>Pending Litigation and Regulatory Inquiries</B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    On January&#160;17, 2011, a Consolidated Amended Shareholder
    Derivative Complaint was filed on behalf of Invesco Value
    Municipal Income Trust and Invesco Municipal Premium Income
    Trust (the &#147;Trusts&#148;) against Morgan Stanley Investment
    Advisers, Inc. and its parent as well as certain individuals
    (collectively, the &#147;Defendants&#148;). The Plaintiffs
    alleged that Defendants breached their fiduciary duties to
    common shareholders by causing the Trusts to redeem Auction Rate
    Preferred Securities (&#147;ARPS&#148;) at their liquidation
    value, which was at a discount from market value at the time,
    and by not having adequate procedures to deal with potential
    conflicts of interest. The Plaintiffs alleged that the
    redemption of the ARPS wasted Trust assets, occurred at the
    expense of the Trusts and the common shareholders, and was
    improperly motivated to benefit preferred shareholders and
    Defendants. Additionally, the Plaintiffs claimed that the ARPS
    were replaced with less favorable financing. Plaintiffs seek a
    judgment that: 1)&#160;orders Defendants to refrain from
    redeeming any ARPS at their liquidation value using the
    Trusts&#146; assets; 2)&#160;awards monetary damages against all
    Defendants, individually, jointly or severally, in favor of the
    Trusts, for all losses and damages allegedly suffered as a
    result of the redemptions of ARPS at their liquidation value;
    3)&#160;grants appropriate equitable relief to remedy the
    Defendants&#146; breaches of fiduciary duties; and
    4)&#160;awards to Plaintiffs the costs and disbursements of the
    action. On June&#160;24, 2010, the Board of Trustees formed a
    Special Litigation Committee (&#147;SLC&#148;) to investigate
    the claims made in the April 2010 demand letters with the
    assistance of independent counsel. After reviewing the findings
    of the SLC and a vote by Independent Trustees, the Board
    announced on July&#160;12, 2011 that it had adopted the
    SLC&#146;s recommendation to reject the demands and seek
    dismissal of the lawsuit. The Trusts filed a motion to dismiss
    on October&#160;4, 2011, which remains pending. The Trust has
    accrued $41,228 in expenses relating to these matters during the
    six months ended August&#160;31, 2012.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Management of Invesco and the Trust believe that the
    outcome of the proceedings described above will not have a
    material adverse effect on the Trust or on the ability of
    Invesco to provide ongoing services to the Trust.
</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">23&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Approval
    of Investment Advisory and
    <FONT style="white-space: nowrap">Sub-Advisory</FONT>
    Contracts</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board of Trustees (the Board) of Invesco Value Municipal
    Income Trust (the Fund) is required under the Investment Company
    Act of 1940, as amended, to approve annually the renewal of the
    Fund&#146;s investment advisory agreement with Invesco Advisers,
    Inc. (Invesco Advisers) and the Master Intergroup
    <FONT style="white-space: nowrap">Sub-Advisory</FONT>
    Contract for Mutual Funds (the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts) with Invesco Asset Management Deutschland GmbH,
    Invesco Asset Management Limited, Invesco Asset Management
    (Japan) Limited, Invesco Australia Limited, Invesco Hong Kong
    Limited, Invesco Senior Secured Management, Inc. and Invesco
    Canada Ltd. (collectively, the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers).</FONT>
    During contract renewal meetings held on June
    <FONT style="white-space: nowrap">19-20,</FONT> 2012,
    the Board as a whole, and the disinterested or
    &#147;independent&#148; Trustees, who comprise 80% of the Board,
    voting separately, approved the continuance of the Fund&#146;s
    investment advisory agreement and the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts for another year, effective July&#160;1, 2012. In
    doing so, the Board considered the process that it follows in
    reviewing and approving the Fund&#146;s investment advisory
    agreement and
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts and the information that it is provided. The Board
    determined that the Fund&#146;s investment advisory agreement
    and the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts are in the best interests of the Fund and its
    shareholders and the compensation to Invesco Advisers and the
    Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    under the agreements is fair and reasonable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">The Board&#146;s
    Fund&#160;Evaluation Process</FONT></B>
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board&#146;s Investments Committee has established three
    <FONT style="white-space: nowrap">Sub-Committees,</FONT>
    each of which is primarily responsible for overseeing the
    management of a number of the closed-end funds and all of the
    open-end funds advised by Invesco Advisers (the Invesco Funds).
    The
    <FONT style="white-space: nowrap">Sub-Committees</FONT>
    meet throughout the year to review the performance of their
    assigned funds, including reviewing materials prepared under the
    direction of the independent Senior Officer, an officer of the
    Invesco Funds who reports directly to the independent Trustees.
    Over the course of each year, the
    <FONT style="white-space: nowrap">Sub-Committees</FONT>
    meet with portfolio managers for their assigned Invesco Funds
    and other members of management to review the performance,
    investment objective(s), policies, strategies, limitations and
    investment risks of these funds. The
    <FONT style="white-space: nowrap">Sub-Committees</FONT>
    meet regularly and at designated contract renewal meetings each
    year to conduct a review of the performance, fees, expenses and
    other matters related to their assigned Invesco Funds. Each
    <FONT style="white-space: nowrap">Sub-Committee</FONT>
    recommends to the Investments Committee, which in turn
    recommends to the full Board, whether and on what terms to
    approve the continuance of each Invesco Fund&#146;s investment
    advisory agreement and
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts for another year.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;During the contract renewal process, the Trustees
    receive comparative performance and fee data regarding the
    Invesco Funds prepared by Invesco Advisers and an independent
    company, Lipper Inc. (Lipper). The Trustees also receive an
    independent written evaluation from the Senior Officer. The
    Senior Officer&#146;s evaluation is prepared as part of his
    responsibility to manage the process by which the Invesco
    Funds&#146; proposed management fees are negotiated during the
    annual contract renewal process to ensure they are negotiated in
    a manner that is at arms&#146; length and reasonable. The
    independent Trustees are assisted in their annual evaluation of
    the Fund&#146;s investment advisory agreement by the Senior
    Officer and by independent legal counsel. In addition to
    meetings with Invesco Advisers and fund counsel, the independent
    Trustees also discuss the continuance of the investment advisory
    agreement and
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts in private sessions with the Senior Officer and
    independent legal counsel.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;In evaluating the fairness and reasonableness of the
    Fund&#146;s investment advisory agreement and
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts, the Board considered, among other things, the factors
    discussed below. The Trustees also considered information
    provided in connection with fund mergers approved by the
    Trustees. The Trustees recognized that the advisory fees for the
    Invesco Funds include advisory fees that are the result of years
    of review and negotiation between the Trustees and Invesco
    Advisers as well as advisory fees previously approved by a
    different board that, at the time, was responsible for
    overseeing Morgan Stanley funds, which have become Invesco Funds
    following the acquisition of the retail mutual fund business of
    Morgan Stanley. The Trustees&#146; deliberations and conclusions
    in a particular year may be based in part on their deliberations
    and conclusions regarding these same arrangements throughout the
    year and in prior years. One Trustee may have weighed a
    particular piece of information or factor differently than
    another Trustee.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The discussion below serves as the Senior
    Officer&#146;s independent written evaluation with respect to
    the Fund&#146;s investment advisory agreement as well as a
    discussion of the material factors and related conclusions that
    formed the basis for the Board&#146;s approval of the
    Fund&#146;s investment advisory agreement and
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts. Unless otherwise stated, this information is current
    as of June&#160;20, 2012, and may not reflect consideration of
    factors that became known to the Board after that date,
    including, for example, changes to the Fund&#146;s performance,
    advisory fees, expense limitations
    <FONT style="white-space: nowrap">and/or</FONT> fee
    waivers.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: Arial, Helvetica">Factors and
    Conclusions and Summary of Independent Written Fee
    Evaluation</FONT></B>
</DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>

<TR valign="top">
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">A.&#160;</FONT></I>
</TD>
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">Nature, Extent
    and Quality of Services Provided by Invesco Advisers and the
    Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT></FONT></I>
</TD>
</TR>

</TABLE>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board reviewed the advisory services provided to the Fund by
    Invesco Advisers under the Fund&#146;s investment advisory
    agreement, the performance of Invesco Advisers in providing
    these services, and the credentials and experience of the
    officers and employees of Invesco Advisers who provide these
    services, including the Fund&#146;s portfolio manager or
    managers, with whom the
    <FONT style="white-space: nowrap">Sub-Committees</FONT>
    met during the year. The Board&#146;s review of the
    qualifications of Invesco Advisers to provide advisory services
    included the Board&#146;s consideration of Invesco
    Advisers&#146; performance and investment process oversight,
    independent credit analysis and investment risk management.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;In determining whether to continue the Fund&#146;s
    investment advisory agreement, the Board considered the prior
    relationship between Invesco Advisers and the Fund, as well as
    the Board&#146;s knowledge of Invesco Advisers&#146; operations,
    and concluded that it is beneficial to maintain the current
    relationship, in part because of such prior relationship and
    knowledge. The Board also considered services that Invesco
    Advisers and its affiliates provide to the Invesco Funds such as
    various back office support functions, equity and fixed income
    trading operations, internal audit, and legal and compliance.
    The Board concluded that the nature, extent and quality of the
    services provided to the Fund by Invesco Advisers are
    appropriate and satisfactory and consistent with the terms of
    the Fund&#146;s investment advisory agreement.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Board reviewed the services provided by the
    Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    under the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts and the credentials and experience of the officers and
    employees of the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    who provide these services. The Board concluded that the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts benefit the Fund and its shareholders by permitting
    Invesco Advisers to use the resources and talents of the
    Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    in managing the Fund. The Board concluded that the nature,
    extent and quality of the services provided by the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    are appropriate and satisfactory and consistent with the terms
    of the Fund&#146;s
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="98%"></TD>
</TR>

<TR valign="top">
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">B.&#160;</FONT></I>
</TD>
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">Fund&#160;Performance</FONT></I>
</TD>
</TR>

</TABLE>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board considered Fund performance as a relevant factor in
    considering whether to approve the investment advisory
    agreement. The Board did not view Fund performance as a relevant
    factor in considering whether to approve the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts for the Fund, as no Affiliated
    <FONT style="white-space: nowrap">Sub-Adviser</FONT>
    currently manages assets of the Fund.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Board compared the Fund&#146;s performance
    during the past one, three and five calendar years to the
    performance of funds in the Lipper performance universe and
    against the Lipper Closed-End&#160;&#151; General&#160;&#038;
    Insured Municipal Funds (Leveraged) Index. The Board noted that
    the Fund&#146;s performance was in the third quintile of its
    performance universe for the one year period, the fifth quintile
    for the three year period and the first quintile for the five
    year period (the first quintile being the best performing funds
    and the fifth quintile being the worst performing funds). The
</DIV>
<!-- XBRL Paragraph Pagebreak -->
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">24&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Board noted that the Fund&#146;s performance was above the
    performance of the Index for the one and five year periods and
    below the Index for the three year period. The Trustees also
    reviewed more recent Fund performance and this review did not
    change their conclusions.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="98%"></TD>
</TR>

<TR valign="top">
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">C.&#160;</FONT></I>
</TD>
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">Advisory and
    <FONT style="white-space: nowrap">Sub-Advisory</FONT>
    Fees and Fee Waivers</FONT></I>
</TD>
</TR>

</TABLE>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board compared the Fund&#146;s contractual advisory fee rate
    to the contractual advisory fee rates of funds in the
    Fund&#146;s Lipper expense group at a common asset level. The
    Board noted that the Fund&#146;s contractual advisory fee rate
    was below the median contractual advisory fee rate of funds in
    its expense group. The Board also reviewed the methodology used
    by Lipper in providing expense group information, which includes
    using audited financial data from the most recent annual report
    of each fund in the expense group that was publicly available as
    of the end of the past calendar year and including only one fund
    per investment adviser. The Board noted that comparative data is
    as of varying dates, which may affect the comparability of data
    during times of market volatility.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Board also compared the Fund&#146;s effective
    fee rate (the advisory fee after advisory fee waivers and before
    expense limitations/waivers) to the advisory fee rates of other
    closed-end funds advised by Invesco Advisers and its affiliates
    with investment strategies comparable to those of the Fund. The
    Board noted that the Fund&#146;s rate was the same as the rate
    of two closed-end funds and below the rates of ten closed-end
    funds advised by Invesco Advisers with comparable investment
    strategies.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Other than the funds described above, the Board
    noted that Invesco Advisers and the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    do not manage other funds or client accounts in a manner
    substantially similar to the management of the Fund.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Board also considered the services provided by
    the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    pursuant to the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts, as well as the allocation of fees between Invesco
    Advisers and the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    pursuant to the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts. The Board noted that Invesco Advisers provides
    services to
    <FONT style="white-space: nowrap">sub-advised</FONT>
    Invesco Funds, including oversight of the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    as well as the additional services described above other than
    <FONT style="white-space: nowrap">day-to-day</FONT>
    portfolio management. The Board also noted that the
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    fees have no direct effect on the Fund or its shareholders, as
    they are paid by Invesco Advisers to the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers.</FONT>
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;Based upon the information and considerations
    described above, the Board concluded that the Fund&#146;s
    advisory and
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    fees are fair and reasonable.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="2%"></TD>
    <TD width="98%"></TD>
</TR>

<TR valign="top">
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">D.&#160;</FONT></I>
</TD>
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">Economies of
    Scale </FONT></I>
</TD>
</TR>

</TABLE>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board noted that most closed-end funds do not have fund
    level breakpoints because closed-end funds generally do not
    experience substantial asset growth after the initial public
    offering. The Board noted that although the Fund does not
    benefit from economies of scale through contractual breakpoints,
    the Fund shares directly in economies of scale through lower
    fees charged by third party service providers based on the
    combined size of the Invesco Funds and other clients advised by
    Invesco Advisers. The Board noted that Invesco Advisers proposes
    sharing economies of scale in administration expenses by
    lowering per class administrative fees.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>

<TR valign="top">
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">E.&#160;</FONT></I>
</TD>
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">Profitability and
    Financial Resources </FONT></I>
</TD>
</TR>

</TABLE>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board reviewed information from Invesco Advisers concerning
    the costs of the advisory and other services that Invesco
    Advisers and its affiliates provide to the Fund and the
    profitability of Invesco Advisers and its affiliates in
    providing these services for the year ended December&#160;31,
    2011. The Board reviewed with Invesco Advisers the methodology
    used to prepare the profitability information. The Board
    considered the profitability of Invesco Advisers in connection
    with managing the Fund and the Invesco Funds. The Board noted
    that Invesco Advisers continues to operate at a net profit from
    services Invesco Advisers and its subsidiaries provide to the
    Invesco Funds and the Fund. The Board did not deem the level of
    profits realized by Invesco Advisers and its affiliates from
    providing services to the Fund to be excessive given the nature,
    quality and extent of the services provided to the Invesco
    Funds. The Board received and accepted information from Invesco
    Advisers demonstrating that Invesco Advisers and each Affiliated
    <FONT style="white-space: nowrap">Sub-Adviser</FONT>
    are financially sound and have the resources necessary to
    perform their obligations under the investment advisory
    agreement and
    <FONT style="white-space: nowrap">sub-advisory</FONT>
    contracts.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 9pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="1%"></TD>
    <TD width="99%"></TD>
</TR>

<TR valign="top">
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">F.&#160;</FONT></I>
</TD>
    <TD>
    <I><FONT style="font-family: Arial, Helvetica">Collateral
    Benefits to Invesco Advisers and its Affiliates</FONT></I>
</TD>
</TR>

</TABLE>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Board considered various other benefits received by Invesco
    Advisers and its affiliates from the relationship with the Fund,
    including the fees received for their provision of
    administrative, transfer agency and distribution services to the
    Fund. The Board considered the performance of Invesco Advisers
    and its affiliates in providing these services and the
    organizational structure employed to provide these services. The
    Board also considered that these services are provided to the
    Fund pursuant to written contracts that are reviewed and
    approved on an annual basis by the Board; that the services are
    required for the operation of the Fund; that Invesco Advisers
    and its affiliates can provide services, the nature and quality
    of which are at least equal to those provided by others offering
    the same or similar services; and that the fees for such
    services are fair and reasonable in light of the usual and
    customary charges by others for services of the same nature and
    quality.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Board considered the benefits realized by
    Invesco Advisers and the Affiliated
    <FONT style="white-space: nowrap">Sub-Advisers</FONT>
    as a result of portfolio brokerage transactions executed through
    &#147;soft dollar&#148; arrangements. Invesco Advisers noted
    that the Fund does not execute brokerage transactions through
    &#147;soft dollar&#148; arrangements to any significant degree.
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 1%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    &#160;&#160;The Board considered that the Fund&#146;s uninvested
    cash and cash collateral from any securities lending
    arrangements may be invested in money market funds advised by
    Invesco Advisers pursuant to procedures approved by the Board.
    The Board noted that Invesco Advisers receives advisory fees
    from these affiliated money market funds attributable to such
    investments, although Invesco Advisers has contractually agreed
    to waive through varying periods the advisory fees payable by
    the Invesco Funds. The waiver is in an amount equal to 100% of
    the net advisory fee Invesco Advisers receives from the
    affiliated money market funds with respect to the Fund&#146;s
    investment in the affiliated money market funds of uninvested
    cash, but not cash collateral. The Board concluded that the
    Fund&#146;s investment of uninvested cash and cash collateral
    from any securities lending arrangements in the affiliated money
    market funds is in the best interests of the Fund and its
    shareholders.
</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">25&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 94%; margin-left: 3%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 16pt; font-family: Arial, Helvetica">Proxy
    Results</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    An Annual Meeting (&#147;Meeting&#148;) of Shareholders of
    Invesco Value Municipal Income Trust (the &#147;Trust&#148;) was
    held on July&#160;17,&#160;2012. The Meeting was held for the
    following purpose:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="2%"></TD>
    <TD width="98%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (1)&#160;</TD>
    <TD align="left">
    Elect six Trustees by the holders of Common Shares and Preferred
    Shares voting together as a single class, each of whom will
    serve for a three-year term or until a successor has been duly
    elected and qualified.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The results of the voting on the above matter were as follows:
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="6%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="63%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="1%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
    <TD width="5%">&nbsp;</TD>	<!-- colindex=06 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=06 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=06 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=06 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Votes<BR>
    </FONT></B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">&#160;&#160;&#160;Matter</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Votes
    For</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Against</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="19" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 2pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    (1)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="9" valign="top">
    &#160;&#160;James T. Bunch
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,454,120
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,138,366
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="9" valign="top">
    &#160;&#160;Bruce L. Crockett
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,458,847
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,133,639
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="9" valign="top">
    &#160;&#160;Rodney F. Dammeyer
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,440,060
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,152,426
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="9" valign="top">
    &#160;&#160;Jack M. Fields
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,449,950
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,142,536
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="9" valign="top">
    &#160;&#160;Martin L. Flanagan
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,456,009
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,136,477
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="9" valign="top">
    &#160;&#160;Carl Frischling
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    18,452,270
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    1,140,216
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The Meeting was adjourned until August&#160;14, 2012, with
    respect to the following proposals:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (1)&#160;&#160;&#160;&#160;</TD>
    <TD align="left">
    Approval of an Agreement and Plan of Redomestication that
    provides for the reorganization of the Trust as a Delaware
    statutory trust by holders of Common Shares and Preferred Shares
    voting separately.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="5%"></TD>
    <TD width="95%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (2bi)&#160;&#160;</TD>
    <TD align="left">
    Approval of an Agreement and Plan of Merger that provides for
    Invesco Value Municipal Bond Trust to merge with and into the
    Trust by holders of Common Shares and Preferred Shares voting
    separately.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="4%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (2bii)&#160;&#160;
</TD>
    <TD align="left">    Approval of an Agreement and Plan of Merger that provides for
    Invesco Value Municipal Securities to merge with and into the
    Trust by holders of Common Shares and Preferred Shares voting
    separately.
</TD>
</TR>

<TR style="line-height: 3pt; font-size: 1pt"><TD>&nbsp;</TD></TR>


<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (2biii)&#160;
</TD>
    <TD align="left">    Approval of an Agreement and Plan of Merger that provides for
    Invesco Value Municipal Trust to merge with and into the Trust
    by holders of Common Shares and Preferred Shares voting
    separately.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The results of the voting on the above matters were as follows:
</DIV>

<DIV style="margin-top: 9pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="6%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="60%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=05 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
    <TD width="4%">&nbsp;</TD>	<!-- colindex=06 type=gutter -->
    <TD width="2%" align="right">&nbsp;</TD>	<!-- colindex=06 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=06 type=body -->
    <TD width="2%" align="left">&nbsp;</TD>	<!-- colindex=06 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Votes<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Votes<BR>
    </FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Broker<BR>
    </FONT></B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Matters</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Votes
    For</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Against</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Abstain</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B><FONT style="font-family: Arial, Helvetica">Non-Votes</FONT></B>
</TD>
</TR>
<TR style="font-size: 1pt" valign="bottom" align="center">
<TD colspan="19" align="center" valign="bottom" style="font-size: 1pt; border-bottom: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="line-height: 2pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    (1)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Common Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,860,317
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    589,821
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    405,041
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,880,827
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Preferred Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    712
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    (2bi)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Common Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,651,831
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    736,289
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    467,059
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,880,827
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Preferred Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    712
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    (2bii)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Common Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,655,308
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    742,092
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    457,779
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,880,827
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Preferred Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    712
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom" style="background: #CCEEFF">
<TD nowrap align="left" valign="top">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    (2biii)
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Common Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    10,609,010
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    784,267
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    461,902
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    2,880,827
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="left" valign="top">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="left" valign="top">
    Preferred Shares
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    712
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom">
    0
</TD>
<TD nowrap align="left" valign="bottom">
&nbsp;
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The advisory fee proposal was adjourned until September&#160;25,
    2012. Results from the adjourned meeting will be reflected in
    the next report to shareholders.
</DIV>
<!-- XBRL Pagebreak Begin -->
<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 7pt; font-family: Arial, Helvetica">26&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Invesco
    Value Municipal Income Trust</FONT></B>
</DIV>
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>Correspondence information</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">Send general correspondence to Computershare, P.O. Box 43078, Providence, RI 02940-3078.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>Invesco privacy policy</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">You share personal and financial information with us that is necessary for your transactions and
your account records. We take very seriously the obligation to keep that information confidential
and private.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invesco collects nonpublic personal information about you from account applications or other
forms you complete and from your transactions with us or our affiliates. We do not disclose
information about you or our former customers to service providers or other third parties except to
the extent necessary to service your account and in other limited circumstances as permitted by
law. For example, we use this information to facilitate the delivery of transaction confirmations,
financial reports, prospectuses and tax forms.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Even within Invesco, only people involved in the servicing of your accounts and compliance
monitoring have access to your information. To ensure the highest level of confidentiality and
security, Invesco maintains physical, electronic and procedural safeguards that meet or exceed
federal standards. Special measures, such as data encryption and authentication, apply to your
communications with us on our website. More detail is available to you at invesco.com/privacy.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><DIV style="width: 100%; border-bottom: 1px solid #000000; FONT-size: 1px">&nbsp;</DIV>
<B>Trust holdings and proxy voting information</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Trust provides a complete list of its holdings four times in each fiscal year, at the
quarter-ends. For the second and fourth quarters, the lists appear in the Trust&#146;s semiannual and
annual reports to shareholders. For the first and third quarters, the Trust files the lists with
the Securities and Exchange Commission (SEC)&nbsp;on Form N-Q. Shareholders can also look up the Trust&#146;s
Forms N-Q on the SEC website at sec.gov. Copies of the Trust&#146;s Forms N-Q may be reviewed and copied
at the SEC Public Reference Room in Washington, D.C. You can obtain information on the operation of
the Public Reference Room, including information about duplicating fee charges, by calling 202 551
8090 or 800 732 0330, or by electronic request at the following email address: publicinfo@sec.gov.
The SEC file number for the Trust is shown below.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 1pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A description of the policies and procedures that the Trust uses to determine how to vote
proxies relating to portfolio securities is available without charge, upon request, from our Client
Services department at 800 341 2929 or at invesco.com/proxyguidelines. The information is also
available on the SEC website, sec.gov.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 1pt"><DIV style="float: right; margin: 10 0 10 14">
<IMG src="h87073h8707306.gif" alt="(INVESCO LOGO)">
</DIV>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Information regarding how the Trust voted proxies related to its portfolio securities during
the 12
months ended June&nbsp;30, 2012, is available at invesco.com/proxysearch. In addition, this
information is available on the SEC website at sec.gov.<BR><BR style="font-size: 1pt">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to
individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is
the US distributor for Invesco Ltd.&#146;s retail mutual funds, exchange-traded funds and institutional
money market funds. Both are wholly owned, indirect subsidiaries of Invesco Ltd.
</DIV>
<DIV align="left">
<TABLE style="font-size: 8pt" cellspacing="0" border="0" cellpadding="0" width="80%">
<!-- Begin Table Head -->
<TR valign="bottom">
<TD width="20%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="13%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top"><DIV style="margin-left:15px; text-indent:-15px">SEC file number: 811-06590
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" valign="top">MS-CE-VMINC-SAR-1
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Invesco Distributors, Inc.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->




<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 2.</TD>
    <TD>&nbsp;</TD>
    <TD>CODE OF ETHICS.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There were no amendments to the Code of Ethics (the &#147;Code&#148;) that applies to the
Registrant&#146;s Principal Executive Officer (&#147;PEO&#148;) and Principal Financial Officer
(&#147;PFO&#148;) during the period covered by the report. The Registrant did not grant any
waivers, including implicit waivers, from any provisions of the Code to the PEO or
PFO during the period covered by this report.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 3.</TD>
    <TD>&nbsp;</TD>
    <TD>AUDIT COMMITTEE FINANCIAL EXPERT.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 4.</TD>
    <TD>&nbsp;</TD>
    <TD>PRINCIPAL ACCOUNTANT FEES AND SERVICES.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 5.</TD>
    <TD>&nbsp;</TD>
    <TD>AUDIT COMMITTEE OF LISTED REGISTRANTS.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 6.</TD>
    <TD>&nbsp;</TD>
    <TD>SCHEDULE OF INVESTMENTS.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Investments in securities of unaffiliated issuers is included as part of the
reports to stockholders filed under Item&nbsp;1 of this Form.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 7.</TD>
    <TD>&nbsp;</TD>
    <TD>DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT
INVESTMENT COMPANIES.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 8.</TD>
    <TD>&nbsp;</TD>
    <TD>PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 9.</TD>
    <TD>&nbsp;</TD>
    <TD>PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND
AFFILIATED PURCHASERS.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 10.</TD>
    <TD>&nbsp;</TD>
    <TD>SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>None.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 11.</TD>
    <TD>&nbsp;</TD>
    <TD>CONTROLS AND PROCEDURES.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>As of August&nbsp;13, 2012, an evaluation was performed under the supervision and with
the participation of the officers of the Registrant, including the Principal Executive Officer
(&#147;PEO&#148;) and Principal Financial Officer (&#147;PFO&#148;), to assess the effectiveness of the
Registrant&#146;s disclosure controls and procedures, as that term is defined in Rule&nbsp;30a-3(c)
under the Investment Company Act of 1940 (the &#147;Act&#148;), as amended. Based on that evaluation,
the Registrant&#146;s officers, including the PEO and PFO, concluded that, as of August&nbsp;13,
2012, the Registrant&#146;s disclosure controls and procedures were reasonably designed
to ensure: (1)&nbsp;that information required to be disclosed by the Registrant on Form N-CSR is</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>recorded, processed, summarized and reported within the time periods specified by the rules
and forms of the Securities and Exchange Commission; and (2)&nbsp;that material information
relating to the Registrant is made known to the PEO and PFO as appropriate to allow timely
decisions regarding required disclosure.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There have been no changes in the Registrant&#146;s internal control over financial reporting (as
defined in Rule&nbsp;30a-3(d) under the Act) that occurred during the second fiscal quarter of the
period covered by the report that has materially affected, or is reasonably likely to
materially affect, the Registrant&#146;s internal control over financial reporting.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-top: 12pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>
<TR valign="top">
    <TD nowrap align="left">ITEM 12.</TD>
    <TD>&nbsp;</TD>
    <TD>EXHIBITS.</TD>
</TR>
</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">12(a)(1)</TD>
    <TD width="4%">&nbsp;</TD>
    <TD>Not applicable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">12(a)(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Certifications of principal executive officer and principal financial officer as
required by Rule&nbsp;30a-2(a) under the Investment Company Act of 1940.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">12(a)(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD> Not applicable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" nowrap align="left">12(b) </TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Certifications of principal executive officer and principal financial officer as required by
Rule&nbsp;30a-2(b) under the Investment Company Act of 1940.</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">SIGNATURES
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act
of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Registrant: Invesco Value Municipal Income Trust
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="62%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Philip A. Taylor
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip A. Taylor
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Executive Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" valign="top" align="left">Date: November&nbsp;8, 2012</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities and Exchange Act of 1934 and the Investment Company
Act of 1940, this report has been signed below by the following persons on behalf of the Registrant
and in the capacities and on the dates indicated.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="62%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Philip A. Taylor
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Philip A. Taylor
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Executive Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" valign="top" align="left">Date: November&nbsp;8, 2012</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Sheri Morris
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sheri Morris
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Financial Officer</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD colspan="3" valign="top" align="left">Date: November&nbsp;8, 2012</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">EXHIBIT INDEX
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="89%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">12(a) (1)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Not applicable.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">12(a) (2)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Certifications of principal executive officer and
Principal financial officer as required by Rule&nbsp;30a-2(a)
under the Investment Company Act of 1940.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">12(a) (3)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Not applicable.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">12(b)
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Certifications of principal executive officer and
Principal financial officer as required by Rule&nbsp;30a-2(b)
under the Investment Company Act of 1940.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>h87073exv99wcert.htm
<DESCRIPTION>EX-99.CERT
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99wcert</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I, Philip A. Taylor, Principal Executive Officer, certify that:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">1. I have reviewed this report on Form N-CSR of Invesco Value Municipal Income Trust;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or
omit to state a material fact necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to the period covered by this
report;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">3. Based on my knowledge, the financial statements, and other financial information included in
this report, fairly present in all material respects the financial condition, results of
operations, changes in net assets, and cash flows (if the financial statements are required to
include a statement of cash flows) of the registrant as of, and for, the periods presented in this
report;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">4. The registrant&#146;s other certifying officer(s) and I are responsible for establishing and
maintaining disclosure controls and procedures (as defined in Rule&nbsp;30a-3(c) under the Investment
Company Act of 1940) and internal control over financial reporting (as defined in Rule&nbsp;30a-3(d)
under the Investment Company Act of 1940) for the registrant and have:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(a)&nbsp;Designed such disclosure controls and procedures, or caused such disclosure controls
and procedures to be designed under our supervision, to ensure that material information
relating to the registrant, including its consolidating subsidiaries, is made known to us
by others within those entities, particularly during the period in which this report is
being prepared;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(b)&nbsp;Designed such internal control over financial reporting, or caused such internal
control over financial reporting to be designed under our supervision, to provide
reasonable assurance regarding the reliability of financial reporting and the preparation
of financial statements for external purposes in accordance with generally accepted
accounting principles;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(c)&nbsp;Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and
presented in this report our conclusions about the effectiveness of the disclosure controls
and procedures, as of a date within 90&nbsp;days prior to the filing date of this report based
on such evaluation; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(d)&nbsp;Disclosed in this report any change in this registrant&#146;s internal control over
financial reporting that occurred during the second fiscal quarter of the period covered by
this report that has materially affected, or is reasonably likely to materially affect, the
registrant&#146;s internal control over financial reporting.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">5. The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors
and the audit committee of the registrant&#146;s board of directors (or persons performing equivalent
functions):
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(a)&nbsp;All significant deficiencies and material weaknesses in the design or operation of
internal control over financial reporting which are reasonably likely to adversely affect
the registrant&#146;s ability to record, process, summarize and report financial information;
and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(b)&nbsp;Any fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant&#146;s internal control over financial reporting.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: November 8, 2012&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">/s/ Philip A. Taylor
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Philip A. Taylor, Principal Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">I, Sheri Morris, Principal Financial Officer, certify that:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">1. I have reviewed this report on Form N-CSR of Invesco Value Municipal Income Trust;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">2. Based on my knowledge, this report does not contain any untrue statement of a material fact or
omit to state a material fact necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to the period covered by this
report;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">3. Based on my knowledge, the financial statements, and other financial information included in
this report, fairly present in all material respects the financial condition, results of
operations, changes in net assets, and cash flows (if the financial statements are required to
include a statement of cash flows) of the registrant as of, and for, the periods presented in this
report;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">4. The registrant&#146;s other certifying officer(s) and I are responsible for establishing and
maintaining disclosure controls and procedures (as defined in Rule&nbsp;30a-3(c) under the Investment
Company Act of 1940) and internal control over financial reporting (as defined in Rule&nbsp;30a-3(d)
under the Investment Company Act of 1940 for the registrant and have:
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(a)&nbsp;Designed such disclosure controls and procedures, or caused such disclosure controls
and procedures to be designed under our supervision, to ensure that material information
relating to the registrant, including its consolidating subsidiaries, is made known to us
by others within those entities, particularly during the period in which this report is
being prepared;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(b)&nbsp;Designed such internal control over financial reporting, or caused such internal
control over financial reporting to be designed under our supervision, to provide
reasonable assurance regarding the reliability of financial reporting and the preparation
of financial statements for external purposes in accordance with generally accepted
accounting principles;
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(c)&nbsp;Evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and
presented in this report our conclusions about the effectiveness of the disclosure controls
and procedures, as of a date within 90&nbsp;days prior to the filing date of this report based
on such evaluation; and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(d)&nbsp;Disclosed in this report any change in this registrant&#146;s internal control over
financial reporting that occurred during the second fiscal quarter of the period covered by
this report that has materially affected, or is reasonably likely to materially affect, the
registrant&#146;s internal control over financial reporting.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">5. The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors
and the audit committee of the registrant&#146;s board of directors (or persons performing equivalent
functions):
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(a)&nbsp;All significant deficiencies and material weaknesses in the design or operation of
internal control over financial reporting which are reasonably likely to adversely affect
the registrant&#146;s ability to record, process, summarize and report financial information;
and
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 2%">(b)&nbsp;Any fraud, whether or not material, that involves management or other employees who
have a significant role in the registrant&#146;s internal control over financial reporting.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: November 8, 2012&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">/s/ Sheri Morris
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Sheri Morris, Principal Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906CERT
<SEQUENCE>3
<FILENAME>h87073exv99w906cert.htm
<DESCRIPTION>EX-99.906CERT
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99w906cert</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CERTIFICATION OF SHAREHOLDER REPORT

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with the Certified Shareholder Report of Invesco Value Municipal Income Trust
(the &#147;Company&#148;) on Form N-CSR for the period ended August&nbsp;31, 2012, as filed with the Securities
and Exchange Commission (the &#147;Report&#148;), I, Philip A. Taylor, Principal Executive Officer of the
Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the
Sarbanes-Oxley Act of 2002, that:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;The Report fully complies with the requirements of Section 13(a) or 15(d) of the
Securities Exchange Act of 1934; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;The information contained in the Report fairly presents, in all material respects, the
financial condition and results of operations of the Company.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD align="left">Date: November 8, 2012&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">/s/ Philip A. Taylor
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Philip A. Taylor, Principal Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A signed original of this written statement required by Section&nbsp;906, or other document
authenticating, acknowledging, or otherwise adopting the signature that appears in typed form
within the electronic version of this written statement required by Section&nbsp;906, has been provided
by the Company and will be retained by the Company and furnished to the Securities and Exchange
Commission or its staff upon request.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">CERTIFICATION OF SHAREHOLDER REPORT

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with the Certified Shareholder Report of Invesco Value Municipal Income Trust
(the &#147;Company&#148;) on Form N-CSR for the period ended August&nbsp;31, 2012, as filed with the Securities
and Exchange Commission (the &#147;Report&#148;), I, Sheri Morris, Principal Financial Officer of the
Company, certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the
Sarbanes-Oxley Act of 2002, that:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;The Report fully complies with the requirements of Section 13(a) or 15(d) of the
Securities Exchange Act of 1934; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;The information contained in the Report fairly presents, in all material respects, the
financial condition and results of operations of the Company.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD align="left">Date: November 8, 2012&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="left">/s/ Sheri Morris
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Sheri Morris, Principal Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A signed original of this written statement required by Section&nbsp;906, or other document
authenticating, acknowledging, or otherwise adopting the signature that appears in typed form
within the electronic version of this written statement required by Section&nbsp;906, has been provided
by the Company and will be retained by the Company and furnished to the Securities and Exchange
Commission or its staff upon request.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>h87073h8707300.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h87073h8707300.gif
M1TE&.#EA60!,`.8``'QY>FUJ:]75U;Z\O.GIZ??W]\K)R;.RLH:#A,[-S?CX
M^"4A(F5C9,'`P=K9VE524_#P\#TZ.D9"0_KZ^M+1T3`L+:ZLK+JYN9".CYZ<
MG?3T]%Q96J:EI<;%Q:JHJ38R,][>WJRJJZ.AHDU)2N_N[IJ8F;:UM>;FYGAV
M=N3DY#DU-G!M;I:4E2PH*:">GN/BXMS<W&EF9V!>7HZ,C.SL['1Q<N#@X%!-
M3I.1DEA55H!^?DE%1O+R\G-P<8J(B9R:FHR)BIB6EG=T=922DHB&AKNZNB@D
M)4`\/:^NKCHW.+BVMZ2CHU-/4$M'2/[^_JFGIXV+C/W]_?S\_')O<,C'QV)?
M8"LG*-[=W=S;V\3#P]S;W+2SL^;EY963E#(N+]#/T,"_OZ6CI/O[^^_O[^;E
MYO'Q\>+AX>[M[=C7V*FGJ.CGY^#?W]33T]#/S]?7UZ&?H,"_P'9S=,O+R^/C
MX[R[N^OKZZRKJ_W\_<C(R$(_0)F7F+"OL/GY^?7U]2,?(/___R'Y!```````
M+`````!9`$P```?_@'^"@X2%AH>(A4YG!AP(.CH8A@0S0PY`3@-IB9R=GI^(
M!6Y[4#$[1GZI?A&&&0QO#7X4-PR@MK>X3@^JO*JLA04Z.QPJ$DFUN,G*AT&]
MSDE.A2)5-WH;#QC(R]O)/!7.SC%1A6MD&B`$$#;<[+9.*^#@-1KM]=QL"_'@
M.O3V_K8*F.A3M:!$E51"HOU;R"G,P%0+?OR)<M!/`(4,,PZ"$>&A'P\*I01(
M=5&C210>`6#\4P9`J@LF,Y[PXE%2H3(CD<1D.,6C'YN%]OC1N=/?&%0U#VT8
M6M1?#9\_#8%(1;0INSE(DTJC:I6=$R)0_>!0!,]/B*[;G(0(J^*$H2+Y_SZ`
M0*O,1=:''R`@ZI#OB`"ZM^Q"S9."$U\_21P`]N1$,-0J?#IYR)?D[V)$3BS<
M]0E`"B<G%8_,O:S(0MA>*#PG$J`BE5S2A$QL/IV:DP=51]S`%O3D-#@`D1%)
MB:$JR97=O7T[6Q'\T(EOJ9*@@?U&.3@BG#CPRJ-X,98DUGM]2-`I!Z\%'A30
MY0(]O&L#GLZT3W5#35<L\\.WL.S)A3,K7:SD3Q14!`!`'PF`YYXJ*GP!"A\7
MR.#,!A0(R$X"`+202@\[+-A+$PZ"4D`(`O$2@0MBU(-%61X.%,%QMQPP0B\/
M%+9-"@RT"%4%]MWBA!+Y$*3#%>/<XD`5L^FH3_\%,-X"1Y"\)('"=)U$@<<*
M22KI(@7)')"?*EPFT@8`7VKITP@O%$+#$T_800,B8919`B(P]&#F@E3<%&00
MB1P`I2HR3'#(G1[F6<@N?AQ1Y"$#_.F'$7@,2NA#$N200T>]9&%(+*GXP$D#
M^75FR*0#+:#I'U`X`]0@!6CHAPH%<.(E+T8$T,&B?Y"JSQ%D"))J+TFH5\A3
MJ;C021$Y.,H`!47J&@\#"OW:"P*&O)-*"[%V4L82$OS)A&+QM(`!`B,XZB%V
M@M3A@7F\5"`L(3@$&4"*C/G'RP-2.!H!"S;^4<`5#81!!+ONG46($S"\T6$J
MJSK!PETHC/&)0ZI44<;_'T54D8\71*R3B`D>RH$(&*I4H-<?3HBPV0(HT-M0
MQ7,0T@$0_7`"LCY>^`#%SE"XRLO)AV#JQPH88*`#.$;<<"HG7_!\L3(W@^/%
MTH)\T,L(G+A$J0=`%Q5U+T:05XC5O"CZL3X/I,$%8%^7+#8A$WS91B)G(*K*
M#BY@8:%5;?M100.'<-J+'IPDJ,H('I/FP!1D^PVX(1,0-V%SA^#GQPAK[#9(
M%`($$,'CAIA@[J,==,+%"'5H7FTB"32NR@,#9/N9ZKAHYUH-5.!*NS\%R*`"
M`A2HIKH42HB\D`;"TTY':T_L'I,JS3NO$?323Y]*]-4O1/T?!MCA?1\>U,"`
M_P]4*(2%]W;P]P<?Z`\@/!LEQ!#`#[H94L861#`P1084"&H(&AD0GP_H(+M!
M..$+05@!`V;0@.9LKR>IH`DO:I,`5<2`$'A0A0X$$;E>L&PE%_!9<6`RB#Y4
MA!<J(*$@2'`#9^3!4`\<"`?^(`6R>6%1&%`%X,300G#T8!!4&-U'!G&"/,1C
M`1D0A`,D$`\K'"!7UQ,$!/VP`!G48$:IV$"L@*`*"PBB#^R"U1]^H`HF9(`%
M6/0#?/ZPE%5@P`X9"$`%A%#"D5PK!PS`U`>=T$:_;8`!K4E%!;@0PU3H0%`$
M6%@%_O*"(%WP#U1PE23*(,$'Q.P/,%A8``1AA53$(/];3DB`6P2A!*0DX0*Q
M>D$`O(`#05T@2!+HP`2<X(`^QJ&0?B#`(&SG!SH(8F%>N,,?<IB*Z0@.!UI(
MIA:.EHJ+-4$5$@C"`'1)""&HHG2$R)P@3M@=04CA"*G(2O2FN*@+J&(+O@+3
M']@5@6B(P"-_$8HS=O!$093("WL3!#C](`%#(,`9XU0%(0:@BGJ6H9-^Z,%1
MBB4(,CZ$/%$(PN@>N;`\<()L#S`$"P`J18$.@J"IJ.<?<N0'+W0AG"00!"\#
MP+.60J%'F`S@#>83*79A*Q%,1(SN4-*+@*9BH`4=1'52D5,F#*(#JL``1MYU
M"`U0``-!HA8S_6`'0I``#*K_L:,?J/:"0+;'IWX`:D@'80,%J2*)@B@`V:SP
M`_7`@`%"8&H0.)!20<C'D'_(@L]$4(<)4."9`(B5'()DA#V,00$&V*<?P!+%
M/TQ1K'X0Z1^T)DB7_6$+Y_&9"LP@"#F$4P(!J(+/R/.5@>Q`$+?41Q(F@$O(
M2I8.O%A!(:)`V5ZT8!U\R"DXH)56%O7""V*#@%9[$0$80-$/8'4M(31`M@7L
MP1!1$(%N_38%;?YA#"6XP9_RT`7*\<$%TVV!$-37AR$(K:0Z&,T`UKNV/PA@
MO0,@1!W@2\U!M&&]8'B:(4ZP!1Q@X`URL%`9!O`##.``">TUA!KVT`4,N"`!
1R1N$"QE",`0,B(`-&`D$`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>h87073h8707301.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h87073h8707301.gif
M1TE&.#EAT0$Q`>8``(&"A9R>H:"BI;"RM*:HJ\'"Q:VNL3DX.9:8F[2VN9B:
MG9&3EGEZ?:ZPLVEJ;'5V>./CY)26F6UN<'Q^@+BZO'%R=(F+C4Y.4%)25-K;
MW$Q,3M+3U4I*3%566(.%B%!04LK+S65F:4A(2KV^P%E:7&%B9$5$1E145HR-
MD%U>8$9&2'Z`@[:XNJJLK[*TMD%`0EA86ZBJK;J\OJ2FJ9Z@HYJ<GUQ=7T)"
M1+_`PGI[?FML;HZ0DW9X>H:(BVYP<F!A8W)T=F1E9V=H:L3%Q[R]OVAI:\S.
MS]76U^?HZ>;GZ&-D9NCIZFQM;]W>W\_0T3X]/\?(RJ&CIG!Q<ZRMKM?8VJ^Q
MLW1U=U]@8K>YNT`_0;2UMD]/45-45N#@XEM<7GQ\?WAY?*2EITM,3J>IJZ:G
MJ*"AHDA&2*JJK)B9FZ:GJIR=GT='24M+35!/49N=H*.EJ*FKKI^AI*6GJI.5
MF*NML%-35;.UN%=764-#1:2EJ*JKKJ>IK*RKK'-S=EM;7:*DIR'Y!```````
M+`````#1`3$!``?_@$8+.SN#A(>$AH6#"XV(BXV,D)&&CI27F)F7<Y&<FIV-
M<YYS$:*FI!&II:>B$0@(I*VHI0NEJW,(KJ^KN:FONZJZN;B_Q<8(:&C%R<;*
MS@K,KV@*R`@*T-/)RM?3T-C<WMEH-=?EW>77->KD"NSEZ^WKZF[OY/;K;@$U
M;OS\^_/]`N9S@R^`08/Y`O13F%#AOH8($](X2+'AQ(,T)F;<>)%&G#@".&Z,
M,Y$DQS@!!*`D"5*E1P%1HH3\2%+E1QHV9<:,^3$FS"A__L04^@<D4:$"!`0=
MZC.H4Z!#C#QZI.B0I46((B5*]*FKJ:X+1%'R-#;6U["<3*5B9;9MJV!F_X/1
MLF6KUR]AHHX9TR7L;K5=>O]*8Z:M&3+"YKQAZ\;XW;EVC].AFZP.7>6'Z`A>
MCN=/WD)V#!D*K%&1(>F`#RDZ5'V1=>N,`3S&;FU0I,;:MCNRQ/DR3A20&4'>
MM`DSN$WA/54F];T3Z$ZA;X#"_#GTC5.A,X#^L6X]*'<H4J=:I33ITGA(Y<%F
M2MMI$ME08=&:C3_J+"NT:^6S6DM7U:E<=@6X%V"]^**+,H'I%8TS"%J3S&*$
M-9/-9),U=@XY#RI&H63OU!-/.PH0I)DZ^G`&HC\C\F,00"J:)I`^"JDFVD`Q
M+G001#+&YEH`-W4$FT@DS19<22:U1%Q2R_7D$?]O+2$'DDPCR32=4,XY=UV5
MS6FWE);=7<?='U&)AQ4CE:2GWIGQH?D)>_)UPM:;H:AERYNN\#>,*[$4J,HQ
M?0&3H&%_(OB,-H01:F@TAS$666(;)F9/9.Z`&"D[\(3HF64?RL.BB`(E9..-
MI=4(:HRT(401;!(M29N/N=W$TFQ%$N=;D\?1--Q+LC('$TW2/:D3EEIN2:65
MUQ7KU!M?@B<F>5R9F4DASFI2WR;3IHE6G-;21Z<LIT10RU?]E:+G+';Y!R`P
M=?99C+KG"B;-NL=@(UBAST!(*#?G+!HI.ME46H^FDOE[&3R4`C0//IQ&9-H_
M^YB:8V@Z.HQ1;:*2VI'_CAIM).1'0G+T&Y`A>?0;<#7]-K)''RUWI&_*(;63
M4D+I^I-U6M9L[,W;(1M=SMO-`%Y5ECRKYIGOI2G6FN_9]VV<J,`IRRVX-"WG
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M3&<H^E.*`%]F,Z)HITO'"I9WKC,#UGU'$.:YG;.*-C0VZ:X^:?E=\=@R)V+4
M915R:<4N2`$@Y@7&%W\2FS/(]J[",`A?]KK&]-B&+W&@;5':VQ"EZD&/@-DC
M12@ZF*7*![BZ`4YP#8'(BP9G.!RA1$;OBUANW@<<QM4O.,`)V49<LILG'2=S
M!_2)3(HR%-11Z4I9>LIV3C='+WVI9]R!71Z1Y;/PD.=VMN.@(*UU"J9]I5LB
MW`];A@&\Y*&+7;^X&M84]#4)T5!Z&6+0H628H<7P"_^(V^M0*.6QO8+M;6ZH
M/"7?_N'$P*%/-0.)HD7.Y[[#E61(&-E-Q@YB$MCT,F2^^AA-9*6<I.CD?Y]#
MDI0VUYP#NHQ+7G*CEX*5QSG.8`9[_`,VW[!-GSF!3$$+)R"IA2VF$?*0A;R6
MU!#Y.^&I$(7!JU/5_&(@/5$M00<*U(*68:@>=O*3/91&A4`4Q'<4T1W3V(>D
M2"FI>'AF?!`=2&7HD;<F1E%A,L+1X@PW/RQF3&,_&I)M>JDQFQBG24Y"DC&C
M@).7&3.!+3MF&DNGG2H52X^KN]GJKEG!G+E.9WB4`S9_MI5Q&G5-;B*%.A.9
M2'?*R1AY@H538<C"=2DO4%W_D]`,=W@89'!#AM;3I"<UQ$.WN6.(E.G0]]A!
MT?"%R"'J:^6,$J:9SKSR4TTL#8X>QCC9G.HU[\,)2D#*,935;V3ZHTG^F+.3
M62V3=,XQ)G.(8LS3K9$IPC)6!7,Z00OVU#K8#,IFM\F=&<AA.S_[X^UR=RWX
M@&5W8@FAMI;ZU/GX#BY18Z&!@$<@<66-3^V"(=FV.MRM@NV'-T2;)\W6&`TQ
MZI\$M5M#'7J9NJ4#<-[C#(IBB9J&Z:.NG?K41%I4$8[ZR`VM"5+C##)8E`&I
M8QGKD7&@)%@I*;8E4MH5DH:EG9L44$HUQ9F`(;C'G_(LFCD++4])VTTH?/.H
MTHIP_VN-IA_X<"N$&";AT_ASBQ;JZ5P&ZA-?MJ872`YW7M1+,=BP!PX>/K>@
M:;4'AQS:5G)8UWNI])Z-FG@P$;'R;^0=W,,>QC'%8:QQ(<6E>TEZDI/8JD?)
M8>S_2J=,FSJ09EO"[$T[^Q2@`/5T/PTS-UV'309?4P[<Y*E04PMA3+!V/;C+
M,#KITXC@T4EXNRT>GNY$(.3]2;B7=-[S!J/B%(_U7BX&95HI<S"&TGA$G,$Q
MP1A&Z5A&Y(DTTH=W%Y)I*/*U5!R)W_WV5YN;\(C)-9%O;\BX4EJM5"8L`UU^
M8;8Y8PE0P,>2IF=[>N#5"37-W!2J'=^`YC(OV)MM]LHHSO_)GOLP5<[[V5.!
M<!$,JQIOQ%3M<PP#;<-W)6J'B*Z>HK8!8^AF1J$,G<<ISRKI[#[48`7AVX[K
M*K&`4*PB>QWRCG9IRXWY<D@DI=])R_B3)Z-T.HS]54_4^!PZMK%F$D2P:'<&
MU&M6TZ>EY>GKCLWQ!<O!P>-<-H63%EMU8HM;OE,+(AGYEE[,0BZ`)D95@;L\
M$WL[`H6IH;<CE'-Q(SI[#[J0<BO4#87*#5("JZ[>6!E1U-2UT:F!)1,'UVGX
M2:Q]AI--/JX8W_EQ1(PC&:9B5QWKZ=2WF2\SDC*KW!P'<LDZ2L$LEAM8QUR#
MEMBNTZ;%$PQL;?+1XF>6@^`)(-3_/H9\PF/13VR=IG*WJ-P_*5QGNN027!A:
MOFLV#QO7J#&-Z4E/AN`61S][J+8+/>8QDC:B90`6/JBODE(S`L@2HPX1[^8H
MR/![)5^'W&3U_@@W(W45&#.BG*&P1+)(HH$!7TI39HJNLFTO%C53MV6>%;CO
M"=8XQ_E(;(T7/O#(5L^;,WR)E$/;D!<V_X;U[*=VG8O:S,-V5KE62:V>.).;
MS&':M`=*Z<YXQG83@`NU=)Y!/INB::[',.:3:3O6/KC'7K#D/O:#.",!=B(E
M&RC3.23S;Z[R4K"6,F)G.FO71C@C.K@V8$#U0'=48!:G,Q6$35&@?:9E6G)`
M>-TW>(+7_WTS.`,$`')>(2WD]VQ"Z!9TT4Y4XUN]=1>`)B"0I'GXY(2:ITDJ
M9B\L=E9PXUR8LGH$%2)P(V,.M5"MUV.5]AFCP5T)@Q`-@WOYAG7Z]E<CX2-C
M!U*J$D!'DH$O07S_A13_DS^C4R5]J&M;\A.X!CM><DT'9D$6Y()D=EIF]G=G
MIF9"17@$0&PU^'WAEWCK,82+]VSFAV<7-@LJ1&T>UD+Q)XHN]$+-LVW%94.*
MP5S]%&[F]B#^AX7LAFZDY%:H!'4/$8:?45'?%61K2`ZAXC!7M#CW!A$_4B1E
ME&2I5B3$=U\?2!TL,W8ITQ1JASD%!W&4%7$UI64XLX(Y=4>LH_]@&E=Q/?."
M@O>".VA:W"2)Z?B.E9B#'_=@LT5.'U1(CM=.GS@U4Q5/LN!^)>87[J<,PH`@
M!?DUQT4O#&(-WI`H:6,VX0!0:N-__A!$D]:%F1)IZY9$\&:`FY(/IQ%7(=EI
MZ9-O%Y%ING$_P-=+;A@<IV8YRH@KPC$=*2%`T3%?,B63'D@L04%K5T)]/VE]
M<T2(?E=-X>B">E=F!'!-DQALV%1X-4@`4EF)@2>5/!B5>["4\P@*K?5FBJ>)
M^CA"4B,NO%!/DR<@^)0*3FA5JLAMA&));WEZ$*DVV8-#J(=6',(]0C0PXV-7
MW15>G9(:4Q01MG<0I"$:P'=O0K:2M('_:AK1.<K74F)$.3,I,H@U$]3!.0SD
M4@VG4M(D05X&=R=H=SY5CGD46G?'31CWE(27CMW'?918;),H>$(5E3&P!_'(
M@SXH8>:DB6'1B?[Q%GK&83`'%Y#$+NJREEVS3PCYEIP4=)TD#E@(8U]82I4R
M:92"1-ZS,.63AH`YF#-R=0]H*FL8,8ECGEF4@9:C*O<E6,/1(XF%3).%0`FD
M$YLS'<7W1B088`^74]"$8%]23:0%5(Z89MVTB#18F^F8H+19FPDJE02`FU.)
M@PY6-+RC.XJ'?HJTB2PW/'4!"TT38DS(EC97#-`@D`CI>3G'>1/B5:)W*-,9
M&0DU*5GH?ZR7_WK4Q73PUGK?F890E#Z$$Z1[Y2GTTV^P@C])UGL@^(8]@5+R
M]63JZ8=9\FKWZ12"&$<-UV6Y=HAUAXA?9F!FYG$=EV9:V:!4:977)*&T*:%[
M@)NX*0=J6J$6Y@FT4!]0HW[JMTYYL2=W.GDAMH3;IIS>EB!4^&U=96@P2IW?
MT!BSN'I>:$I+U!DF(H8$Z!!,E$2_:&F6%IY!.A%1=YZ)<T6VY%?KY8PG(4Q3
M9BLR=1R2.3DY(1RU]AQ,H1VO9B59ZI-=.FPX=8[`1J#:YX),N91IMJ"%%VP+
M&J$U&*SQN)2M":$1FI53>9L]2(\GAX_-QDY.`Z)X8GG;6C645R#@NO\7=2*H
M?B&H*[9SSP!N_L20K@B=./0-6:BH,38W-*:+"T-O$J6=FWI7WHF8Z#4J#X.,
M6F2>5_=%[#6'O02E)Q$Y+<,KL+8Y:K=2@K@4DU5'._$E)#B:T/$Z>0=:9:::
M+VB@.3B@:+8=OQ9XQ:J@:O:FM%FF4SD#,4``MUF#69F5,1NA($"M7\E:0NA.
MT^9.\`1_9+FM)`:0;2DH7.5MU%!#AO(*5!B=B;HVC*9H`:.%,K9T1-1N!8-N
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M@W!23D9X9QRF6[JE/-(&##-GM&WI/(167-&#?W$Y(4'7*-+):+`K@/]BB^$#
M/DFT7=ZIJ7/5@(L9I&T(J@3+(_W#P;_741H#F4M2C4NVI``&:S.U<,,B@K,J
M'1IK+-E41V-F8#,\_V9^AV9XM[V/.+XB:Z8-ZHXMRX,U*XD0ZKC0*I5[<+-)
M#*$QD+.<V"T=!GE\^J=Y-D]+>%5=-7^`DHH!['F'"K6J>WJMZ&(%M1FR&X:4
MAL8_)F](I&GJ`U>(B5$9/*2%0P/D=;:E9H<Y0:JW85(CG!1\B)\).T8JP1-Q
M@!1]V"MTQ$QR="S,`4%<QCI"Z1VHN9JNDX-_U\.G9:!O0'BXR;@-^J")JZ`3
MBL01.K//2KG(*K/K2[DQ<)M)7+D/9K]CV;,P5U4D5K2`<2#J4J*`@K1@PWDJ
M*C9VF0T.\D_-)40Q=E!=*&/9M43:I8!I#!"6*CYR'(&71B-$FE$3(ZJA-O\Q
M\14Y'1.\^R,K@<RJSVA&FRFE#"<L#U>"HQEF7;J(-'QLEFBLZCBLS/JX9^:L
M_OQK46G*[#MX_ERS!BVM;7J;"IW$3@PG\L0M=Q+%QGF*5_R_Z'I)94,]A&9#
MA>))J0L.[,H,4MLV>PF`]["%?-E=">BU7NNC:&@:H7&2.$(;0`HJ/G)O3?;-
M'W5J2W:!208KN'*E:D03]UF-)C-`AWS4L^K.`6:QU;&E.)5W/@6X[/BKKWFR
M8LIQD;@'H$S09NJLJCQX28S*!@V_E!O+,NO*K\S03K"A>B9Y(3I)PV!/4CQB
M*'IB@9IS&]VTU+-<T`E$HR>O6_@AS5R+/*K2W?G_(OX`5V8(9*0"L*52=4+V
MP;MTA_;3/X\3AVFK*IC]DL&Q3/C%$_HS,MI1;#`A!\&BMVVWJW)46F0FS\>R
M8"Z8@Y.X6</JFDY)@PEZE33HLJWYN$7<K/^LRL1MT&<-RTJ\!W`PU@T=;44(
M>2]73RL$KMAV>18=0V-3:!S]M*V(#BY*QHKJ-@V\M7"#KQ)UJ=UIJ21Y5T^$
M;W-,9"K)(R<1&RZ1$E!*C;L$=E]T*S.)C;#JF5&`!JF``BA@`1X``!Y@`2-`
M`UG6X#K%641!8`.:8(E8N(*K@XX(?L:JH/#8X<W:LD3LSZFLRL_ZK+#\IJ><
MOK"<U@MMN9+'2/TQUTJX_SSTA);^F]?JRES/&5;^-,81V;K*/-@F?=)'M)$&
M^&CA16EQS&GE@\T8+$49;'6(@V1`HHRZQ#$P.1S$D8&3@U^%["HQ^`8!L``%
M/@%F?N8K```(G@-=@`,!@,-9MM3'TAUO-Y0RK)K%]MJ`1WBZ?6:Y[7$JV[)?
M#=;+RK)(?-;LJ]:H7.+LB]PV"P=PL-"O?)LNSD[\D;_6+4FOL*<#R<4>%H6(
MPG->LPW*%70AG<`_SF+\<E#LD%![65T(HXNKY)>`2<TN[;L`ZS#;?)*U-+!3
M[E>\D1+U8U*`;#\?PY[SY3_-NQT"D!(R\09[\`8T,`<6``!?D`-IKN;:ONT>
MT/_M<(`$(,#@7&8E-`,[-L.Q1;EW2"G;P19L6CF#-]C)NJU-B<M-G_S;IDS0
M\,OH[#OB;*K6";W6TBJS+8#<DGZ;D2[+?;I"U1T@-*Z*:\DN&?UY69PO3OO=
M!LRB4NOJTTDAK#XW;75=U-6%=B4^%/6UL$2&Y.G848Y%[?.[!UND%X-DOZ1+
M+<52=GA\"F1`HJ,&3H``"U#M$[`":+X"V8[@VY[T'A``2;`$=B``KX."DIR(
MX2ALP!K;:E9F[XBRNPV/:'J5DFA:R"K6-&O<`0W+<G"SR,WBRXWPRQW+`2_P
M,1#I=`\'.8M"0EMM@('I5R6*[6?1SMES4DA#@3^79"7_G>,@V!IYA484@`4(
M/A]9N^T=.-?,:50'*O]JMJ(*PJSQI'(H4@F[$L1WA_4I.:JZ1G$``&=NYFEN
M]*Z?[4>?]-KN`3V`!$@``0T@U7,NU3-<FGGWL7E^N/B<]:`L]ECIK"".@U'9
MN(Q^Z&A]W`D=]PJ]T&.MUI#>]I$^]W/?W+[0<B!&M+]UU]>MG)J4M'\M>HO:
M\:+T?V5\-V;<S)H1:0K8NR'"QE\[;[*$P5%^,>4)"#0T<8(T`8(!`H2$@XR"
MBXV'CS2*@XH"F(]Q<9B748I1?XH!/0"F*Q,3'J<3*Z:OL+$`'AYH$+=.-&\S
M?S.\NS-O?\/$?V_'P\?'P<R^_W+!QK[2;W+5U03.,W($U=($WS,QW-][!.7<
MU^/7Y^9[Y>[P\.3N,?%P,?7X^OG[^WMP``,"!.$D0H0Y$1`@,&AP(4.%$!LN
MA$A1(1J("BHBN*B1H\*$:$**#+E1@0*1&]&<%&E2Y<F7*TW6@&E2IH(:,VOF
ME#D3)\Z:.FNX$7K3IYNC0W$>%9K430"F`88>C8HT@%6D3K%:O;JUJU5#4;U*
M"DM5[*%$@QHA8L1ITZ9)C,XJ<J1V[J8HG#"YY80WRB<!G]Y8`.#J"X_#058H
M7BS+E2Q:43)TR9#$18`H<J(!\Y5L&K7-P99]EB;-FC9MUZQQ0]U-=;4]K]&]
M9C?OF_^Y&'+$Q=N#[QV]&`#K_?ZG+Z"[X/_@M+C'?#GO%@07(OSXL&%"C0XK
M7L=>T:/VE"E'>A0_<J7+D#%I`G6ILSU0]S^+"LWIL_Y2HVX4(&4J52M5I_^1
MM15_7(4%H%EG@>65@E\U&$`<8QE2R(.-O+476YM<4DDFA;2E81R?"-()B![Z
M58,KJ$AP`@E!=.#!8H[%@F*,LW@``@10))$$$DT8T<(SF4$3FC#*%$G:+L^$
MQDPW2P+Y36I/SF#.-K0]:=N3VY!SI6WNF'/;/;WQ)B8\_,!Q')C]!`2<0,LM
M%YQR!!WT4$3;);0==WAR=Q%*X85'TI_DD=<2>^:]]QY[*NW_)!]]]?FT*'W]
M&=7H?%CU=Q6`4WE5:0UE9:HI@J!V)2&#8TE2R*F'N*5)AZD^6`DE>!'R28:`
M8?+)K7GEA<D?<9CB00Y?7&&%$G<X$$0%#P#PA6*OK,)LL[1X,$,25"0!`1)(
M)`%"%9G)`=J0RI!V6FFHK>8+EJ=E&=LVSUBYCI3RN).EEUV>LYMNQ]73#F_^
M](8/<V8"O";`:`+40@L#1X=0G10QC-V=$''D':![DA1QQ2.%MQYZAG;\GJ(>
MW_1H3_6-#*FD^.VW%59*52I@I@<>B""I#H;ZU:BHFLI6AXY<V"'/;:7E8:U\
MV>K7K'/9&L<?`:SB@14IZ,#$'3!X_U'"!"G\4`(/S[[2=8VT]`!!%T=TL<&.
M1`P`Q08&[+*9,L9\FZ2WZ9KFS-SL,CD.E_..4V^7M7G9SI7"_:;/;6F:V<^_
MP`VLIN.-*Y=P07:"E-U'F'N7I\471VQ1H.)EA/&@+)'^$L>&,KJ32Y,2]1/)
MK<^GU.Q)S;345#+C7BFF-O?>(*D,IO7[)C>+RDFKD+2E:M"T"E"A76W%"@HE
MH@#FUR5++[U*#AX\0+40(2A1!P\ZP."''X3)TDKZ8*]"!`1-4%LM$0:`T,40
MF!'I2[B@+<,::T`*(-W*81K9E$-?<F#';N)!+S,!KAW^^A>8AG.F&+CI30(1
MB`7!Q$%\'/\,@W"(TW4@-D(2=J<[$Q./GS*F0O;X"0$U00^A")43&H*L8R43
M&:4FU9_[T*XIE/)/@#RU%1KPSBN<6MFGBK<@FE$(9SJS$"'T(C0)*4U7TK->
M)OZ01;QT0B^A"*,`JE>K*#C-`TQ(`0FXD#42P``#)X`!"8JP/AFUPC%A\\`7
M+'"$##2A"TV``!6&,``[."$.21)7(HFT&28%HS7JZ`8$L40O`L+&DIC\VS:$
M4[C%`8=?_1*.P=ATP0PJ1TT"H4,+Z``'5K82.I33#L0VHJ>.9*QS*,&8#&E)
MJ$)Y;(9`^4FB?E([V3&J=H^JW7[V,SO9W6Z9N_-45<0B,]\M2%3_3810\<!R
M*IP)S2Z:J`1?_F(]+Y91BX#)U5V.=JM0?#$*.U@%#RY@`SF2H`Y7T$$*.L"%
M#I0@!U]C1?IH`8`?=,`+#IC#!@(IR"0<`0U#2,(0HI&D7C1#7.7*DC96`R5V
MB2.![QB<E0A(`'SYAG&>U$<\(D>P-16'@\%Q:08_2%/E(.Q@RV$E+/-T0LUQ
M[G,8`VJA0,>2&2(J=2%+':.".:FBR`>(S31*4:))54Q-DXAE`54UBWBSG)E*
M$G095111I98++<\M7UQG7\;9"7;:JA/#N%X[0_$'!9AB`@SPP!528(4B7($)
M5[C#!TZ0@A*@2$:H>)8..@"#QF*`"7G0_]$2R$8!(ORQ1Q?-QC8RVRYKM&L/
MVBB'E-1U)=YP:7"F3>UN2FHX?UVP'Z"L!TPU.%,W'<R#;3HE*6EZL#CQU'/@
MZ1-%*%:QE<"08N8YCZ%0A[I#N2>83$59RISIS/LL,V717!F!LMH5K&JU9L/+
M&3?!DKQNCM="/+-$)9!&*[F"XIWH+.>M>"77HW&QG`$@#+,\T($0E$`'/^!!
M!U*``0G\P`?Z16PJ'%.$\Y&`L0!`01.P92T<.`$*&8#"$88`&KO-[6Z>Q49)
M]\:NTM+&7O8*T[X66";>S%:"GXQ<F6X:TU+B]!XX;1/"#$8'5>9XI[\-KG!?
MV*?D9@2&R3VNZ/]BB"B5]/(EC@)9?'@BDV(V:BB+.LK(I$(REA%H*?]YYC0G
MI$2ND@411OR*-L]2Q`EIDQ)"@]"$!I$@2TS1><0[GH@\M+19^257[^3B]=K:
M%RXN311Q]<L?Y+`*PNSQ!S:H0!%TP`,PP$`)0OB"%9;U+,<L9GT]Z$`'ZK`%
M)O3``Q.0P1*RA80C-.$($'""'8X@`-/8K6[I.&TZ<)-`P6F)'/@23@,1I])Z
MR5B"]TC.BQ\WTWOH5#D&.)@K6^GC57Y0E3WV,1VB@R>41$!BPKUEH+ZMGD&]
M1,GF7FY0/O8Q^S1EJCQIII5;AI\K5]5EE]IN@[QK%C23.7C8-!4EF`?_-$8X
MS\X9BM4B[L*S=A*-G-9[0R@.3<Y!@XBNB@[%#!;P!?VV0@E<@$$',IV#K`D!
M""30;T`)L^`5E.`"'>A##DS1`RFD``H06/42QM:`!5S!!0.8P1BJL0S/CM89
MW`CIWOS6VL+=Z\0J+JF^BM.X&*_)3<`I*2H!XN)3VK;:`'%E"PQ@`!\'9)79
MQO8J"<(Y/JEDA1;A9<5HF9*3^"D]3E;/DYU+0YOH,(<B2Z9]JLN?9T:%*?2N
M"N^.B#M$,%&LF0*>A.3L(&YR-:S^'O@C,I$JYY7QSVZ)U5_8&2)<D3,O1_.$
MT>QK#(SO80>HF(7*`4""']2A#CDX@1]LH`0P_U0`H.Q;S(M0,0$`\&!9':<Y
M`Z06!S\F@6P0L$(J]N"&#!C@7-08:0"M9!O5P&;%OAG3/O:E4A@S#J;YB&DJ
MU5];F^HTVV67]BJ5D_9H2_O]V:8VMU$8]Z#V26*E<SJADQXATW<R%'CQT1,(
M&&6/HD-;]DQ&$69:@7C2%&8%$BI>Q68U8WEKMH&ILBIKH18B2!=Z,2(7=PF6
MX%Z"!E?WQ47WM7J#%D9BE'')@`:-L0)?4`$=X`=>\`,,@`%U<`)2(`&=EF"P
MD%@3P`/K\R)!X`%```0\``$%@`1#0`--@`,^P`-UU0!5L%&H$5I]DR7VHB6Y
M07Z<!%N*DU(NAFP(8_]UBT-;!&-*K60P\X=3/F8`-D5VVK:'94=V>LAV/D5W
MQQ4H,22`!U@>ZY%4Y08?5!9O\39EC:(?4:4`3U%XUF45EI@5BH<[`6(@&-AF
M_286CF=Y"I(TYH56"\<\;P$K&D)Z(0(BH@"+,7@K@%$]2%-.A)9Q[21Q43`#
MCA$"R:)?3"`!=Q`$(8!R,+`U#'`%,$(C,9)810`#KM`*5@`&!"4$0]`%28`#
M"V`$5$`8?[`"5H``!M!]&Z4N5/)]@A,O8D)L_/`/8E)U\LAL.$9;YJ=!`W-C
M[8=V.A9M=("'V-9C99=VTN:'?^@$?_(Y0`6`1)5W`5@Z>=<2,+%W[#%E[";_
M*4ZU*4$41-;5,KM3($-1B;>C*5F!()'7;UM59H0@<-UD%6>E":N(9X7P*FF%
M>GH!(I[W7C%8BZ+P9[-X7ZFG:"Z8#%R$#`NP"D)P`J6@&!/P!4K08#Y@`QWP
M`TH@`2G`-<Q"([#0E%^@:5_0!S!@`W7`!`#0`V!P!14P84G``G-@!PC0`Q80
M``CP!TX`+R"%#O)"AN10AL4F#A%$`,GF2?P"2ETG,,#A2A942G.(8SVF8S65
M4P+I?JSTC_(GD(W9AVI'!PWPCX#(D+J42^6Q=WJG7(J8@$&Q$[9CF@KX.C[$
M3*W9%"SC'R%I(/-A@=1D33:SDL##DEW%,Z]219PP_Y,>HEY>1"LGF%9B1"N"
M)I2N^%9T50QQ930"H`VT4'Q!`%#3*`$E$`235@0_X`<I``,A$`*,<0JQ,'QW
MQ`-7`(1-"``UP`)FZ0$+H"T*\`<@X`,5X``AX`,>H`"L%#C@IR_?D`_\`D'T
M0";_4I@M)8?%H4I>MQRXA4H.JEN\=7_RIV-PX(>6"7_Q-W9DMTI^"(B#&%P<
M4Q)+EFZ_Y'>GB9I^=T/Y$64YY)'3Q4,]5*,E:41082`EV2DRDZ-E]B#7!%X/
M\A8+(F=YAEXPF8I2='#4,Q<T`'&ZDG!]$92<(&C0B7&NV$[0&3?%('$ST`,N
MQP1>P#V,804/H`-[Y05WX/\'_'0'AU&>Y\ERG]8!0*`*JZ``&4`'`#`!&%`#
M=``!,4`'S&@!%E`$.T`#="`EP-8EZ3@F)W4;L<4/DCHPR#9*E,J@HX2A[L>/
M-I5;&9IVC0EMEGE_#@JB_]B'>MAC(+`!GK,G*R21#_EDO303HOE<B[)NL4,R
M#UAO_($3$BA$EY(50F&2W55-U>1$_29GK#)G8(5Y:`4KJ?@\7S2M;647GB"#
MM?B<PS!&6WJE0MFMPI`,`N`!]>0%2K`"+P(`8```/N`#?5`$%4`"*6`#WZD#
M4F`%.L`^LC`+2*@8';<"#,`#M$`#->"=J(`%\`,%9_H#*Y`#:``"!>`$I25L
M*^7_=/H2J6\HCY`#.5OW)C9&AV%'D+G%CXU9;=EV?P/IH:<JD&77``89HDX@
M=Z%97!&I;DRFB('G,:J3JSP;.Y'2J_=VFQ98DKG#73^*K+SY@:E"%[I95ACR
MK.)41=6:>B4R(O*%K:3G@D835\2@K5L:KL90E*3`IR0@!.BJKD+0!PXPE0[P
M`%)Y4/&J`P[@`^59?'&*"MAY6#P@:240`44@!%>``B@P`$0``@O@`T*@A!/@
M`F.`!>)`.$XWF*:5)N5GF"_U.(X#0KIE4YO;J21K;31ULC?VCP*)=@/)LJGZ
MLJC+F0A)'D@6D0=8;K';'GNGJ_8AB0KXHHYR$[C3JYFX_RED,9LC2;0P`Y)+
MI"F.UYMUIH&_`T7)"Q?+TR'80PFU8HJT&(M:A$7O-(OSM9Q]MIS?VJW)4"0N
MV(MHH!C\Y0<Z@*Y"$)X=@`'C&9XG<`(84`+$0D<P<E>/P7(M-PL3$`3R>@=,
MT+Y"8+8K0`,48`"`JP0"JP"&FP$MP$#TP%IC`@=:IQS$$8\9E'XLQ7ZCM%N=
M"K(!H6UV&)"DVIAC1[J7Z:'1IJ%ZB*H&^8]&T+H->3I,5K,P40,XK*)RN;M-
MM9J#QTQ1Y4.%-ZS#6JQ'H2`QHT3&"B!(NYM>`0FEHIM+VTUAM7"&(*5\-G"@
M<'%1\*2SHDXRF*51('%%V;5FW/^3:8P,X!JNRH`9%K`L$^`#,,``Q7<"6\#`
M_E4!)>"=C.4%#U`""`8&6JF5OE(!7Y`*Q2<!)$`"]90"(:!'5V`#-L`#$<`#
M-9`!:#">ZPL`,E``($`!!;I)*)6@\!A35A>8'<1!SR&'K71U/_9C(MQC=&BA
M%VJJ+^S"+QMM+KO++SO#)II<LNIDO80&-[2([0$[N]MNF:@?^3%O1QQFOSN!
M.WJ;LRFT*Y.2`>=$DQ`ADS!Y(9*DUAHKFB<BU>O%[S1.<P64852^7!I&:]RU
M--BEQ,"+,[`#V/D%8,`U#``&(7`'%0``.O``%<``,,!&4I`#8#G`8%!\SP@+
MC68%%P#_4'?$KD'@`S9'E0N``#ZP:5T``0J0``8`!D*@GSJP`U%!`52B.+&%
M)N\XCS&E;,F6',#Q01T+R_0WNK7<)BI\PJB;N@:PF?[HRS%LD"[;RT$]PSNL
M=X5X**P#'S]\D0GX.C]43%QVU=#T%-FE.\';739#1-S<1&U&*M'ZS>BU%W#6
M/-3J1:?GQ8HVM:-G/3VII5\+-^);U_6,#$02!7:L&'T-!OPY`4#0!RF@!.'C
M`!C0`4H0!#^@IGY`R"MWGD5`GHFUIZU@`R&0`C[`!"A@`!/0!TI``0U0`SM0
M`"@`!$P@MTQ0`TY0`S@@=97K4JD,AY@:ASEF2KFE4S=FRR4,_ZH$F:HI3+I$
M3=2G&M0-<-Q5<-P&H-1U%YJ)6)KT<9J/"(G&%(E194Q<YJLN,Q5?=D27<H&>
M>""(H,W)RY)>=2J04"'D9<6JXJ13],5<;"NP8D[9BY.?,-?E5+X.QZU=2PR\
M`*YAVZ5@FPQ^(0<]L&!-B0H/8`7*$@(7D`(2X`-^4`=K:@,D<`6BI@1UM*^P
MX`!7R90HD@KU!`-U$`),``8T\`4ZL`!N4`4X(`,(\`-!(`12L`($$`=S(`-2
MA\H#LX;\XLJ=&X>>&\NZ/8<\_6P_=KHK6]2YC*K%W<LKB]0P'-1DI]P-8`0;
M8'=-#=U4'5VW"J-+P;NM<]4;>3O55?\[V:P5+@,61^P4Y5TS'2B*_=:2Z&U>
M=I8T*VE6H0<]*<A>K8B+ZCS&X=NM7NL7;.RUO<"EXSO@<44`-6#9(.X!)1#0
M/%`$*;!@DYP"=0`##E`$\YN_^BH+4N``*A?B'H`!;W2=2E`%.F`!4J"%"+`!
M(``&2E!8.K`L'E!I$;Q!G[0'$<P<E7M!CODF:T(<;H+"*VMM>XAV:O=*+*RZ
M3E[<35[E1)W<1"WE29WE1^5<SZT?\G$22B'F-D%O)7/=\D:COYO-P:K-3_%=
MEP(6[#[6:U9PJR@B]!YG5%2""5>"'R(K-?E>Z-3.UY/&-/B<[J371!+@_WW&
M82L,OV`D<!/_!]H)ZNSJ`5P`!#]0`7U@KR7`!$&@>]I)`G4*IS)RA/VZIRL@
M!'Y``G=P!230`SM@!:F=KT90`T1`!6FP`V:I`QKN`5+P!P=T;,QF6R%\=M.V
MN1BJPJ%JAP5Y?ZTTU-`N[7YXU$(]W%./U$].Y5;NLE@>,CC1=ZJC0U@6U>9>
MW=F->!2H%)BXW<9JM&:AB7.N(-S\YG1V"$ZJ,^I517=N@O;=Q:+W9WV>K?0M
ME-5+#+O"3OHMOHQ>#&4<X.#*#&ZC#'```'6``7X@!<''`"G?`5<08'T0!'=0
M`GWP`WTPR2>@^>59R$?H<2'.!`XN!$70KD1H!5Z0`BL@`RY`!Z^&_P*99@$\
M(+@HP`)T4,IGUX:I).PV9G9&3W_U![K49H<=JO0LK,)^^.Q9;]16O\M58-P&
M4`7)G=Q=#UTJFLRIR;L+V(!9-GC8?6]FSI'5G%4Q4[2>V$2C^%5U7RIK,5;U
M/GD6`@@"`G%Q@U&%A`)1@H<T@H(TA0*1C(I1BW^2BU%_C)=_H)><H*2<HZ%_
M;ZJKH&^IK:2MKK$S;S.IJG]1;U<=)'X.*RL``!,>'C`='Q\30#!*$@\55B0E
M2A/"Q-K;W-K#V2L37PXY/C`A)5X^7RDE75%0+@A&3CP^.AX`;@T4+C%P</X!
M'/BO1<&!+0`F3*BP10LZ"!7"H6/``!V'=/\R.FQAX"&<AQ4S5@1)L:+)DR8;
M&*C20"5*EQ5AGH39H(K-FBQ5&MF@H$8-!4`5H`'ZLV=0H@K<!/W)U*?3ISZ)
MNG'C=&I5GU.S:M4:(,#6KUV]BJ41MJS8KF[,=B5+MFN<M0%HR&W;-B[;N''F
M4LH;B=!>18,(Q3DTZ)&D2H(&<RID:E%BP(5%G8JEB[+E6*LRYW)EBW)G6'(Z
M9Z;CHXX?&#^P:>,!)$01&UPZA$CAI8^/'`^L3+"B^QLWW\2&!1<VS(../CSZ
M`/#CAX07/Q48`!%2@`:4(4`*).C!`XR%"30*M'"18,^_&`G1HP=XL*%[AA\W
M;ISHT&+&BQKO6R3_:;&_29$H!1A32R95$9,!+;%TX(`PW=1233KQ9-1213'5
M4X5-76A453U991565-6PE5=IA:B5B&B%E999*ZZ(EAMMH5@673.&=9===LEE
M(U^1Y*B77Y#T)>0DA!D66&%';G+))(IT(@HBNDB&B2BA3-9899C!<DLNM;#"
MF6=OR(%99G+,<`L!6\!PQP1@/("-!Q-8DT(*-J1`PA7M\,;``SSP(`4/J@G7
MS3;'!(?-"D%4L,45']APQP,DU)&"'R&LT,<%`XP@`P,N5+&#!!@$8`4=#8R0
M0!?FP1?0J@8Q!)%\\7W4T7P+/032?J]"1!]^'?4'H'\+`IL2@<$RJ))*_P:N
ME"R!-@V`4TT['26MA40]%2)43%%EHHC<RC@5B1ZVZ.*W8G'%HEI=U8!N6'F9
MI>.Z:^FEH[SSLB67``'X1<@AC$'&EV!'%C:88HX1K.22J$A9I2N7W(+E9;"D
MLN4L#DOL2BUEJA*:F;G@PDH+0>0`1!\.=#!!!2MXX$,0)?S@19U*V/"R.MU)
M$0(/.0@GZ*"$`A#.!#GTT($25S1W!P(Y7%'''4'0J400X46@0`(R(."`!#W4
M@`4$8QP!P@P.$13?0A\--';8^&%$'TD4W:<11R'9)^Q);5>4TX##RD3@@Q#&
M9---"-8T0+,#.#MX`]%6*^)13U5[85/=:CM54O^2?_M55B2"^^*)9;7X(KPV
MGE5CON_.5:/I.+[U[R!S)?*687(!['I>B&@2V":'(?()PE$F7!G#N@!/V62D
MO/$)+KA,;(MF?TS<Y?)_E)E\%`8`X8`42O@!=,IQ*N$`T22D`$/XS)4@!`!?
M]#&!,3RW;R@8)YQP!SHD;'&"$#IT(&D(3(3000DI4,X"M&"`!?3`"?$X0A)8
ML`$J%(``!CB/JN`PJXF433[RP<]$`(2?DB"(@[[R(-T"=[=C!>Y!*1E0LA#D
MK`3E1$'-JL+A6$*X`>P$0QIZ'(6N!95M8:5;(LI*$,E%Q,R!"W,C^MSHU%*7
M%.D%+O:*1(]:%T6WQ$[_7O_*RR($(PD:%,PQE@#,DAJCB,$8PA2@:-)E=E>*
M7<3B>+*(&/,\9J89A(9B72H3Q^JHBEKP,09*F),-?!".?(#A"CIH1Q`DP+([
M34H(N%&"%1@`G&_LS'U2^$`'3E""$GS`#SF8TPE2<((K?`\&M"&!!W@`@`14
M@0=.@``1NM`$*D`A`E28%:QB`!%=8J1M]WE(?G9U$6&.4$#(G`F"XI:2G.PM
M<`CZFTU8*$W`0<B9A9/AX&X8E6YBRUH=ZB&(K)(N$)D3B9?3G!*-J!87=>Y<
M<?&1NZ[(H]@1`B]2M"?M!M87VL7N$6$TXQ@#RCLJH:(RNR/>[XI7"HB]@C.;
M_]',ENS(1XG5D8]FRI@<I)<*`@1``EY(@1**(0PK..`'(EU!-"20/9M=H0@E
M\,$)<I"#X80##,1Q'S%6Z84[%$$),*B#,?S0`0S8``//<8`-;$`"$OP`!B@`
M@1'@,(,-_($*6R."%D!P!%Y^1",6[$@PBSG6__#*K"7YU7^.N5:5D"I9%.&;
M7%7($L--TP`SE*$U77@3&@[`"3S)$%5T.-AO4BZ(/CF+$+EU1,N)KIV092(3
MZ])$&$TVBE)4A+Q(1T][!N9UB)"B8RZAF$=LL3'\$H"3T%@9P'1",;UK8\2&
MMU!<7.)+F4D%1VU1Q]!8;'F\S5A&@\M'`S`!E4%@0O\X>%"$/D`R&!6X0I_P
M5X0@H".F1<`I`'(`M"]D(S@^T^D$Z!0;*U2@`\G``"G#!X,@-&U\=0B###;0
MA"_,(`(TL,`7(O"&!D`!"@0`R*L2TC9;_9*"+OD513C"D;2J-6XB7"$R91*@
MG+10K\?BFS.U*4-E_2V;#2B<#27TN*@LI;!."6<Y013/QH9K7(I-4>>**#IR
MS<A%[XI7BW$4+]I-@HOY?(1G$^.ZOK#N#9I@3,'4&"4V4ND4KE!M;`]ZT%GL
M8A9C>BB6O?2\/O)V%JOHTAXYMKR+"M<`$SA'!W*6`QV4(!]UZ$,)'N`%#,"`
M">'[P04Z\(.8UC2\JM'I3GW_UH,KQ!0#)7``%TZ``1\H@03)",$=3@!?7UP!
M!2,(@!.<X`$+(&`&`$"!$W:0`A0,@")GB\%^?JD?N:'DP?IQL'_B2F%E3E/"
M)R&<L@8G31'S^EEZ;=:N??W7#4"N<=SZT!!_.,01<:5$R497B:C"3AFK:(DT
M@DOHIAA/TP$Y7ZR[XF>E:$9#4(+<D0&C)0B&4$L\6:%3SI+O'#HF,'^IRW;T
M,D:)VV50B+FWO94#!,%0!R%,(#@A``/!^YR"*_2"`14(*<R8=J@O^"RGECPX
M>'>Z`@98P`%>^,(#7':%.]1!3<FX`PR8DPSTWH$!/+#!`D:0!!18P"8+0`,4
M_E"!_R*,H`%H8[4PX>9JMXTDK;=R-;&(M<RFEV1OAX-0AC$<]6!K<W`BCJ'5
M.4SLP@'66M?25K*K(O9N';&QCW6GM3<'NGD^\>UP%]);]$DOP)";$D1.;6`<
MX0F`"A2,!D6H9*3<T,(7#\NLA1C%8.&E,']YWX^WQ4:;AU$]VG&C&\THY@/0
M!R9H;QCF]8$72*`#)OA``OK[@1).4`=*^^$$3.#NP8D#G.$`(!_Y(`8*&C`!
M23.!!T(@ZAUZVO([0%KE'>B`R@^^`"<T(`,&6`$"X+"#'1#@#SU@0!_BX,N+
MA`0CO1(0,)F9]&2^)$`NF2L*<>)7"_,ZFU@?@`NZ_G[Z>__=V&0_4>7*[J'\
M6PYSZR19+.).:C=/.6(7[9)/J"-%._(O1E8(F>!C_>)C?@<9[G9&[W8*:/1N
MPX-EEX%X628+'0-17N8Q%[-'EI=18Z:"%%4F+L@QEN>"<@`'/2`R%1!>(2`$
M,:,$IL<G.?`#\N,%7J`_'>``Z^-=/K,^EB0HM,>$0R`%0A`"7^`#(:`T#G<:
MFV0#S1%2,#`^2C`'%,`"3A`#+-`$.Q``5%,#=+`#Q^`==I`?QA1KYD<W3S>'
M)A0L#^(@[*<@><A^@J-UOG9U\2>((C9_A>,"\^<"@'4M%V(5X818E]-LY)0B
M-H9.!=AVU^8N\A07D\!C/A)W0G+_;O>$%V6T+X/A")*0")B@"V9$99+Q1E:B
M>),!9B*8)6%V>/]&@L`57!>C1P+'@IGG@@1P>2@8C`+W!P2``$"0`OB@<4$0
MA5?@7E+``",E!!U0!"%@`ZC$`U_P!0R@<3Z3`T@87DG8A"D3`#X@*A,``B%0
M`4IE`S\`:1A`*3]@`R5P!3^`CPY`#F@0!RZ0`4,0`!Z0`/+0`Q;P`.GC`&Q3
M?D3'5LGD$BU0:RN!0BLQ$X:3?LC20GVC38+3D8)(B/)G?X9XB//W=9#(?R\V
M=DGD8C`&%],6.I@H@)^X(PJ83SRB+URT3Z%U+T8B")G@;KJ`&*3UBO'V1EAR
M6V!V"U#F_X&<T#$F^&690681Y3"/UUO#2&:^:(R:9T<$((.9-P-=*0=TT'$/
MD#/H(P17``;[^'LVT`%^\`-]!GP8X!Q?,`&`8HXY]1OK`XXA\!P-,`=#P`0V
MX"8H0%0.5P0]I01><`Y2<`4GX`?XL`!5``$]L`$HH&IQ@`([``8`P`"A)E8:
ML59K)4*Y]FHI-!-[*&(AYA+2M)$K]#<A=G6=4C@/@G4@29*(F(A=5Y+X!T0\
ME))8P7:9Z#GPTD0X8IPR63I1Y!=4I!<"LQ>RPYR(L'>?921;)$;J9EH<6)0?
M^`H>HV6LP%`698)B%GF\169\E)6^&"9F,HQ?J5'$B'D$T)7$N/\'*.`#8&`%
MQ<`#/Q!S4G!ZD`(#]@A`/^`#4N``48@-/,"$AW))%_<S*2,%G80R;S`!"W!(
M6JARDZ*%3>4%/V`%.1`"OQ`$1B@#1N`!(*"(`G!?*-`#/?``*``$+=%JI.E!
M'D03Z#<LZ.<L-"1U'5F;"0(AO"9-(TEU]D=LB%@%N8F(ARAB)KD58$=$G`.`
M``A/;8=C,T(C350Z\K19_:0C]V1WK".=9;1N2R9&3::*`]-D<!1X;^2!R/.=
M#(-;(^A'>P1<%[6"%(6>88)Y\OF>\1F,,.BG8;E1\[E1!J`$92D,'E`$/M`'
M1:`#1>``LR$^*,4<.J`##J`#0+`^RF'_4PYZ>[E'#!;0`TR`CQ/P!TTP9YZ&
M`7?P`;\``Q+@`4+8A?<0!!U@!2&@!&"0!@*0`1M``$*A`"@`'BL@!3VP```@
M$G7#3*;)=!.FH\M4FZV9AS1435IWK=4TI#;!I/27B$NJF[Z&B(OX%9%3I5+J
M.>JR+C;&1&^1I:?3;3?2G`LH&*@(":Q#)$#R6:-%&*5U&(]A@6)D"479E$;9
M4%=V>%^B94^YB_HFE7::IP(WL6+F@KS5E87JI[_8IV\0EF"Y!S,0`R"[46/0
MH`<773^P`N@0`BQ;`L?Q,G?B&E<``POZ7<01:.!U##KKHL["''[P`$KP!6!@
M!W]@!`\PCP#@_P,=<`4^`&E<,&DE``1>P+(,$``*4``;4``LT`(T@'V`T@,5
M$#0/@`"GMA]SB#=S,Y'3>B!\^&$@%D."PZTMX2P>%HA'VJ3REYMYZZW@FK?%
M]F)H)RZ.M:YKMT0JLB+(:8`M1B]/Q",!$&[Z\D_G]AA`PB^6^UI>I%JFX`EC
M5'@)U9WT9F_?6649TS%V2GE?)B84`Y^25Z@L*'E>J;%E<J@3ZXMP,)^X&Y8$
M$`=)&*(]`&E`(`'\$P(_$`(.H*LP8&>6I@0E0$DV"Z'@0(ZW]PT6D`0ENP(G
M\#+#0`!.8`03T)\')P75@$IWT`%>4$H\P#\V,*E#L`$;0`<L4`,6H/\<PX``
M`)!P5?!T$DD3?(-^S8*1=I,@OY9-/9IU!!QL!(QUALAU1PJNX=JWB&@'!%FN
MER.XF5,BCY6)A=MMVH99ID,7[U)/IC,)Y)87D,%WCN!%KF,88,1%_KH)37((
M8^2FJ`5OXFD93ID9;N2PP\5XJW!'R`.5[]FZQIBQ19RQER=PM$N?AMJ5>R!P
M=(`"X6!>*NL%*_`%=:`$/C`G.I!F0>`<5U`G3,6->'DH#1H.PG`H/J,$&S`$
MSG$'IU%G10``$/`'$^`%/.`!*\`$#3<!5W!<7&`##`!R)O,`'C``$<`"!A`'
M/E`!0,`#%J``'M`'97N:IFE^Z0>("9(2MOG_+$&*=>Q'?W](."-9B+NYM^&*
MRDNZB.5B+AI,G!N,+C2"N&W!%W@Q([2S%I%K3Z&X.B9,N8:P;L%<BJF8N9VK
MN:N%"LB,"<8S"AH(1PL+)KO8/%P24:V0BW%:9@#7IWYZ>1X[L?2)NR`KSKFK
MNTH\GT^\!W2@`,+@`T+@`R[[`.'`!`[0#E^`#$HP&XWY,C;``[UQLWLI#@(]
MT&J\/@[@`S*P`ZJ7#AU:!R$``!%0?3U`#/9(`DCU'#Q0`4)P!R70!PR0`C7`
M`SW``A```#TP`/),`SXP!Q345A(I(!EFK;`9I+V6K77UD1]IMTVZI-^JMP_\
MTW;@`G80U(#E%>I"_V/M>HE5:KCU(J]6=$4VTCI`ED7WE,+0Z<)?E`A(@COI
M=IW8^61L2K!-!@N)A\-P&L0C2'E==IY0F6]?IM8R6$?NF<2^>*BX*P=/C+'@
M++($D-<8J]<$$`-=^08YXP`8H`-;;`4^``0#BL</X`=!L#Z**@4I<`$28)=F
M'-#=]04TU8UU*1R<W0PZ8`$$``!*(`0E,#XH]P$IP`0M.M$>4+XI4`2_(`$^
M4,]"4)<^4*QGF`$T8``ND`\HD`,H,`0CT!]!:LG3BI%]`VPWD75Z!7\U1&QQ
M:\!XBYOCZK>X.7\$F9M!'<'>+=2*N`$O^4Z'BXEI,2_'*=7P*J_T<LMRY_]M
MI_A/9L07`*5N49"YD#%&L.4DM"5O6#(+`M#,&FB"(IA;T*/6OQ5F24S->@11
M%LO-,MBZ2(S.`K<'>?W$M8O.%G[.>"W8@8WA&/X&`N".'1`$'<<#F<JR@:2I
ML3$,V.`#IWH''@`&WH7&2GB$ZT-32BBJQ*"$&'`!&#`'#("-03!Z\9-\)Q`$
M.Y!].%`#0H!*-L`$.J`$0%`$$J``7V`!DY`&,S``-3`$76``'K``0(``$V`$
M,M#2R@1-)Y2';ZZ:UW1UJTELVE3*/&K*IVR(3!K!VKW=!)D`WSW4X?K=XWV)
MTA99DQ4O]A(DZHV`]H(7CIM9>\=W-]DOG8`D`!O_"4ORU4=);[?5"O`&IZKP
M"1#%4+O`1V7&GG[$Z@]^>6Q-7!ME"ZYKJ!JK>7U]U[JKX>6LUQ>^!WTMV#$P
M[#&`UW*``'-R!<(0HGV0SQ*0`@\@!%P00,>`&T4`'>O#C9F-#9JMQN1XL^S`
M!3"P?1:@F5X04SJ``?+3`15*`CN@`)#F!RD`!AXJH7TP!U\0!Z22`2"0``"`
M!1L@!V20!DS0`Q$P!U0P`&I;$TVW-YGL3'OHMB$&W=)]I!-?B*D<DAC_TZH\
M`$-MZ!_?W>21FT5=;3!9G,>9I?24+V[AWO^"3S_"RWCW8[I#&#!<1OT:PU(V
MPYP@UJG@S&PT6S]_PZ\`_\2G;C%=(@L8DX)5>9X`]^K!^`8CJWFA<:C`WL2]
M+@>"/;'`GKO`+N(8CM=A+^*XFP!"L`5N,L4]]P-!H`-A>P="\`W!)P5UP`1@
MP``Y0$E)V(T8]QN`IC,V@(]^@`$+,`0(L`-]60(!4`)<$(TI4`%2X`<+L`,.
M]\ZHY`!,\,X]X`8Q\+A@&551H`"\-`PH;01=``=+9R"J3T(:-K<'#(A7=].W
M6?%[*YL/K,KB;>BX+]Y"_?'>_?&LG.AM9YR)J]Z3'HH,6`CZ1(JCE9-;5-_N
M=EI(PJ95\HH^;WAM]!D)_I0&7@LB*)5/&;$I:*>^".NQ*[L@RY5@:>MXK;NZ
M?O_UY8SA5E_.%][^N!L#;U`"3%`"```(4F!6.BM>.CD3%4P`*RL^)#!^AP]@
M8"N-*Q,3C@">GZ">$U:=/9%>*2D]&S$[/3I*`#T8=R<G8`!204$6/S!!#B5,
M0C\E0"L+.WT+`3(;*!-4!7)S`31#2T,&VU4-WML-W57CX@/=X>/FYN0#[>Y5
M[N\-\?0N+@/W^.WV_/QV_?W^V1/HPHY`@P$+)DC@9$.`AQ"M/70#D4;$BP\M
M6M-(@T:<C@$^<NQ(LF2<CR)/QMDH((J`.%%<OH39LF4<`3ACUI09\X_//U%\
M!A7P,VC0GV^$_O3YYN@,IG^20D7ZIFI2JU=GO)GQ]*K_5ZY;Y<B9(78L5[(S
M")0=*R<L6;5KV<HA0'8NW#UK">BUNT>OWSV`U1+8$R,P8,.']QA8P80$D`DZ
M4@@JH83!"@83<O#0-.%.AQ\5)/0!,T$4ITZ?,`'PP-H#@`D^I'QA`,`*B3M<
M[H2X@&)#`P12F/288\6/#1B()GB0PH/%@R!,0@M1`N-+#Q1S>EA`0V-##1U=
MC.R84$7/!B1-Z(1;Q^X<//?CO'E;-\!`NG@NUM/#EZ\>OWWVX$/00`,"]$\"
M`1FD8`(*VH&@'0UA)*%$&55(TD81=;222#0(X)&&*I$$DT<HS7221S&=A!-.
M-QGEDDXPMA15%%(!=1100AG%_Y152_485518[=@5554ME5528VVEU9)G<666
M''VAY:1:?8F%5EF""2;68%L>)E9@6]HU6%^)^?4E884-!D=AA/6EUPI6]`$$
M#!(\\)H5/'!2B`Z>?,'##PS@Z<,HI3GBR&F=J.:):W#Z,"@`0'0@A!=W(`?#
M#P-D,(.?.P3A00H^I""I`R'DX($!!.10`0\/2`$$#PRXLL,..2RP``5#Z#!$
M$VA\82L42""1`#SMM$?/?>QU<^P^^Q!;#X#W5''/?_KP-Y`]#`)T+4+_'+A0
MMPL5Y""#+"P48848@>312Q5Q)&%))+WD4D<>A@3B2R)VJ-(?-,B44TPNQO&'
MO`(#G/^CC#@:"111/T[5L(]&%KG5'UKQ^".2$E?LY%9*@H66DF;5]>0>5XYU
MEYE5CDD87X/%L-=<;K8<P\R'C2E8FR[#0>;,.ANP@Q0AK.`';9BL`$8BN'P!
M"@\Y?#$!&%]H]H5JFC"MB2=%*\K8H)J$H(,#-GQ@@PXD.-`'#@$D4$`'1?1@
MA0-W>.&'`SXHH1P.<?#@0P6.`D!##QZ@L4"M$0C0Q`H61$$#!2&@(,`2$$!A
MGSKL4#Z/?L5B_FR`^\$#$+'8$@2M/PJ23M"#XA)D4+C>NO#M!@Y-2%%&&J5K
MT>WMGJ@[BC?U/M-+'J[X410W?0B3XBWF-#!1,@I,U(TZ%G7_5(T4>U4C]452
MY=-3U=?X,<=@5?54R$^>)4=43I95UQLFJU6R73,`MJ5?=%%I?\U[!3:8S`2X
M#!C-+J,985J&IAC`(0I6^$'4J,89322"$Q[(@1(<D`BC@8$'/$C-TQC@-$Y\
MPC6-`$!T+O&:(BC!!TPH`0E(D((K8(`%>5``"V2``A^$(`4G"($$6NB`%>0@
M#D.HC01"0)L3$&`'"VC``N9@`1QL8`(!V`$`1N"#':`!"3CH`AV<%1_-C2,?
MH"N6.JHUK6E9BXS4\H>U$G(0!#$H6P-AP;48U*T&?6LA""J($XZ0H7:U"UX2
M@1>'-&0BE0!/7S<1'O!^![`5`>Q%__,ZRO-T<CRE/`QB/<(>Q*2"E>Q1K&)?
M:1(H1>DQD:F%?>ZSDI5`%J:R5`EFKOP2RU*F/\3\;TV%85-B9L9+E=5L9BWH
M00ERD(-.6"8SI9G`%QZ`"1ZD@`020"8/_*0:1DV`-J%832,FH#>EK>`Z8%`"
M$_#T`PQ<X0,G<``.=I``"&S@"B5(`0,N\0`2E.`'Q9S-WAZQ`B'L(#LX@,,.
M(D`!)'0D"A:0@P+:T00<)&$$EUN6.Z(ET?UL3EMK7.-!KD6@U-'1=:H;ETCI
MB,<WXM%UYHJ='P.IKMOEBT+PTI!,/X(OW;'(D#FQR21ITA(80<]&+KH1)HD$
M).I%S"M0F?]8D9C$,:N8+V3B:U+YGC27N*CO+56URY>RM!<NZ04O-OMJ_A+S
M/P'N#$U[P"4O=<;+_TDQ!0\@V@IT8(5'<2:#Q?E!!_*$F6F6AC7;!,#40E$T
M*UA!"CE8%`H6H`,=0$<)/[A""F!0`COE(`!#Z,(9<B"$&^K`!\4(00B^H``'
M"($'$O"!!U"``@588`$N\$`+8N"$/^@!"P+8P1M&@(,$0"$#76#!&(<KQHF:
ML1Z@Z\<`!+)&;26$=!U=W1L;9,=Q):!<)OT6=K-[KI7BCG;Z`I%(K-$[>^UN
M7?):%TIXHJ*:]/1X\EJDCER4,!I9,I-(*>I1D<JQHF+E*5WA"E/_2'E5MK`O
M?6\Q$USF(C*N4$E,,8#9@FE))OW13Y=I.DPNS\HS7@*PPW`(\6`08+1'>4`(
M,`!#"?+TFJC)P@]!Z$`=?,B`>6Y&FZXY32@VD1D>=,`''PP<"DYP!Q_``!4D
M4$+9[L`$#\2`"$FPPP2NP(00!*$$7BA!$+PP`2D(P542L,)K!]H#!)S!!V@X
M0A0(X`(ZH*$/4*##$.S0!`C@@%G.JA9^FHN?,G(T0/XPD',;%#J1KL[0"RG7
M@O!(7>N6E"$J51>&0#)(F9*()2@IGJ9)E,@5L>A?".M)(VOBDYXNK$?VG9XG
M58V]JPQ8P$NR6"D)(+Z.:8Q)=4$P74S6_THMO8S!5=T?RZ!45KVXS"ZZA,.8
MYI)+#Q-&9[[,I5H]S+,0PZ$%(799%59SA]4P0`E#4T(%#*7,"?0`!A50X15\
M>#2K*6J;FR#W%]HM`BEXX-TKJ`!DP`V#(RM!"$+80@J*<`(4.`$*$_B!#[R@
MA!W:0`@.`(,#@"`%"0#!!QW8@A3VH``T""`%>P#!#IH0`PK8P0<;*)?DAI`!
M_HR.<_X!M,SS\6=MV6&Y_,B6ZD!:Q]6Y8+L*P>-V'?WH1%^WI+!;"89"HA+R
MXDN\XBV1B81G2$@:S%\]$4I/'^F2'*%:>T(=:JLY&56GEK))%(/J*I]J)0=?
M2619E8O\7ME5"_\3&TH1WA_]SK3A_170@(&9MEK1E&T#>MC:U\8E'6C@`278
MB0>>X00&[NV(V0`@"!6`00>8<(QY@H$Y*U":-@_%F4T(-@>A*@&?/L'-1X2@
M#I7Z``D^<&4@$!P,$@#!!BC``P<T'@@_\$(0IN,`T1PM!1#W@P<$L``%P"`*
M(T!`RAOPAQ7H80@*""X*_K`!%S@+H_MQ[LO%5?-!DS_G'P77H>DH74<[J%PL
M(#H+YH\%[+(`=AQ)24LYK:(2H81$./$A`.@OG;9U6/=("5-?1_$B]^4P#IA?
M0((C/`(^MX8^I=14HJ0^;4%5;Q<74Y(7]D,_?V%A^>,_:3*",,,F!-3_8;O$
M)@8T;=5V>-:&;6NU)A[0`9XR`2G`!380`J^2"<KT!58`?%MP`D)0&O/&`T#`
M`$VS*"&$-3K&35(@!6:S-`QP<2G@!QW@!RF@`Q?P`#\P04SVA18P!QE@`3L0
M`@\@`?8D3G#2!^/D`T`@!"5@!6XP&"3P!U#@!B#0<C*```(`#Q#0$`#@('Z6
M1O_A7!A5$.47:![51B0U7=]"=.MW1T=G?_9W7?,'?^72$"YU(C$5=2F1:?,2
M@#?5(C>Q/),D%+WS2*&V/-*3@)<D@0\8)-ECBYW47QVC)!EC/E*2:W`'@NZC
M8%@B@A86,S8#)<;F)F155@74@BIC0/W3889'_VTUN"8TJ'@HP`-7X`DE@`%%
M4`0ED`F5%S6%4`<*!`1?\`6GQ2I`<#2I<2B(H@F6L`+,!`H>8`7%]`,DH(4G
MH`0=<`)*&"I>X``=<`4ZT`$[8`0M``#1%$_W5!I2H`,/X"A;!@8X@`-$T`<"
M``+,MP%&X`)_0`!T@``9<`1-P%HM\`_CUUS*I8C/=8BJ\R`(P7,.LB`H98GP
M9UUVL%V8N(GU%Y2;F`#XEQ$XL1$@8CR$Q'0:0CPM@D@UH2*4E'4+@SQ!!2,M
MLH`_T1+9<R,3&!5MT4F@5'84$X%.PA1)TCUG$57I$S+OLQ8E\S(V`U:[M#\!
MI#+"UFS^HV&WU$L%E/]MS[B";%)XS69MAI=6U[8''D`"G*`$2D!77T..E\$`
MJZ(#=5`!\'0)1[.$0-`'A9(URA1ZQ*2/EU$:H$`</F`!.$0")[`%6N@%S*$$
M%V`#)6`##G`;?=`.`=`'(?`##Z`$)2`$`%!#Q/0:7L`#4``%%(`&;C`$-2!;
M51`!)=D`##$&`X`&$\!.QF5<,Z>(.P==.5=H-YE=1<=H\V>)C"9TFWB>/WE=
M]7>>];<!1[`A`M@[]%F`$J$2.$5)_])U.054DK035-D3,#%41=$PM?9?'F,]
MMXB!MC8QHI04#98D9!$6Y!,F"R8'$:95RJ@_=SF7TZA+.R-`_?-W&[8F+9/_
M;8(7@]>HHHCWHKQ$!QY0!!VPF([Q`UU#CLK$!#G0!S"`?%?@!1J0`S:`!TR0
M;Z+G&NNXCC6&00S`*+@0"A2``E9@"AAP`AB``90"`TIP0W5P!23@!3(&31'@
M`PU0`P[@`#P`G#I@`Q3@`Q/'`&[``T%``13@`@K@!DY@`0PP!%````B@`#70
M`B,`!1Y``PJP`N*748(F:-W"B.A7.NHG1P(A=.3Y<^49?XG6D_"7`.^YGO2'
M!>[YGO+):2+B(8144P684RU2E3JA4\=C,$M!E0_C(M>C7]KS%1/C7[FX5+LX
MEK8F%ZJD/KXVK%AEC&`E86U"E\3F2QKF,B6ZEVOR_XS6:)@!Y*+5ADLNBHTO
M.*V&UP+@.EMP8`!HL`(DP`/]*`1`$`0/(`2.D%@Y`!IP<@<8D`-;D&6;`"M3
MPV)(V#2SP0-X8B@.]$&KX0`+X`,HX!F2(`1UA9`E``.=>1P=\$P=0`(58`%:
M4)!*0)LW)`5ODR?L9`4@,`T*L`.2\P==D``6``4+$`4)H`!)$``-```LT`5^
MI@^-:CJ,F$?1-1!W]`^:>I/C@EV4J&@]::GOMYZ:J(E`^9Y!B050BP7R.8K%
MPW^%E#Q8QR(P`J`ZX74(.%1?VZ">Y%_YI51:L2,'MI9*\@=MX3%/`A=MZ8MX
M`6QQH24=:AA["28PTQ?0RO]L;G*"5+*L`$2M@,E6`=2MAIFXU:BM*AH#X'IM
MV#9;>P``%:D$PM<'/O``#B`;Q;0":0IDP="F5["$G.`#8)"Y/F2/K.(T4*.F
M(>1`A>()#Q`"$]`J#L`%M`L`/B`$R&<#OF`#-G`"*J1"M>`'/R`#-0`&-@!C
M*%0"#-`'.M`#JH4`!9`?:>`!,C`$%A`>.R``<T`$!6`!$%`%6%``!0`!1S!H
M`\(MCLA^&R6T;R0NC':TZ9F))L6>VF5TGUI_3-NT40NU+!"?1X"J]H*J+&(\
M..5>T?,O-B(C5[=U!HHC5-FKK39@;)EK"=HQ87G!"!:,4-4Q&6H6;C(_$B:"
M7U7_2\Z(&`3DC'I9C1^&F(<G@XCGN#28K7!`!W00N08DKC,88@(P`7W@`2'@
M`!,T3(^1&1Z@-TSP!170`4K&`1/@``SP`(VU*FO8"580!#]`FS:0`FIZ#.56
M-!'T`6Q@!8RP`S9PCQ+G`'IU`IYR!W$CIG%3!)HG!%#0`"1P!4$@`;VW`P_@
M!SW``R%0`R!0&%JP`C.``*M`!7.`J%2P`1:P`04``D,P!$?@#=(BJ8'&OI6:
M.H?VJ#PI7>E)+D-I=$?+B4,)JNR)RDX+P%A``0`<P*7:7E!)@#,!@*;F=0Z\
M@$.AE6%GH#2RJYV$/K5F@>'C5!R\%73Q26_Y=G2!8*JD_Q?'NF!ZAQ?_HW==
M]1>"@6$S$Z*%H:$;QK<O.FV`8:V%MR:(][@YC,XO&JXTG'@O6@4[\([T6!Q>
MT`>;P0E$>D)%<`<7<`%;P`-=K`-@$`)W(`0%O2C@%@(RA@$.\$P7$`*,,C68
M,`&V*0+K&*@78+DD@&)`4`&.^0$H<`4P@`%^H'E9F@)>4`<^``5"T-$Z`-(Z
M4`12H+O1VP0*@`!0T`,$@`!#4``9P`QH\`9&(`"23`5&$`,X,!QRE#H$,IX^
M%W3@8HG6M5WDV;_DPK1+RXG\J\K[Z\J@"L!VR@(4(,L;H)_]]ZHQ`CQ=AX!<
MAQ2R.CT^,CVT^A-#8G82LXMEY_^6HR0RO&AV[X-5&QB7<.E*)XP_-W/"<`$7
M@#N-AY%M8\)6RTJ8L_6"U*:XW8IMU^:XX]S#X?K9+;#.=#"NJ.<!G*"#?C`:
M10.P)5`"E[`"$N`%0\P$.,I-#F`%FZ`$10"GRL0#BV`#5Y`#0`"<H2=ZF.`T
MP[D"'F`!0-`8=8"E*0#2O8D"3.`%#&>0LK="?J`$.=`%"H`!0K#==+,)/2`!
M```!W4L$"Q`#(U`%39`$-+`#VS&RZ-L%33``&Z```B`#!5(Z.D>31%=227O5
M^%MTH'J)J>RTK!RJ4`O+KQS`0&FG#BZU\UDBH[93!BA4,=$4#$BK7FE40F4Q
M8AF!^O7_7W^]EEU!H6_WBVT+/N2S:W.1MEA%%G/+8'[GK'CY)2IHHB^X2SJ#
M,Y?=K=WLPCQ#&"V05J/=V>@<VDRNV9`+VN&*PRTP!SV4"5>F`^IH*!+``'>`
MVYM0!"D0!/^\&3PP#)LA!8S!3(HP*21@`SF0`AS0`0!`&OCF`4`P!ZR!`@#@
M!3!P`EP@!$$@<1,@`1+0`S9PKE\`-QBPA=51&DTP!D'@`\[4`Y1.`%^@IV-`
M`3(0`0M`!98<LP'@"`-P!!!`!1`PB#G,`@50.D]M:)Z\J=;%<_4W4HD&X:@,
MX?UKZV&MX)Y:UO3GZV7]RIHNX:]<[$DGE6TM:D&5X;*J%%G7_Q-&5;;1+M=*
MQ:L2&FMGMX'BT^+BLV`9*-AK$276''=^AR5U,9?'**+_TX(;AF':6IB(N[CL
M3(TO&+GI'&)./H-.ON^AC7BC[9F:\`C!V0>S<2A@4P@/``.WD0)ZE0(\@-#W
M]!@>@$)^4`GKZ*[,E`,/<!JFF1H^4*\>T`,GX`,EX`<D\,^CX0.A!X9E,S4]
M^EG!:2@H,`04H```P`,#M0D6@``CT`)$X`1[D`Q00`5),`"<[@$4X`1)T`1(
M4.I0H`41(`-$P+-2/5U".[2C[#K\6U(^J<I>S_4!K."?&JH3'NQE;:?"CO9D
M#<OR"6H9;B-P/U]S'<&8U%07DTF["/\D%5,]2R(6_V46;+GM'MA*6-)K$\87
MR@@EA4\_N\27-?.L+7RX-HS.+3KY^.YA-9SOD+OY\`RYZPSEZPP'#3`&FL$)
M4U,V4M!Z@@5:#@``.7`!_/C/5V`#8OH+*^T`P``#=]#:2I`*02`(/C1-G8LU
MJP$$*5`'JS$!&F!"*8`!5@`#N\T9GQ=7R<0#EO`J@P4`9-`$<@`'<[`""O``
MB:4`0S``"$`%>_`&2)\!$&`$R+`"0\`"28`$2X`$2[\#*`L!52_*[0<(=@D)
M=BR#A(:'BBR,BH>,D)$L6))8EI24C)D4EXP4GUB<GY\RHJ,;1W%1`@)1KJ^L
M47]_KZZSMK/_N;J[N6^\,[.^,V^^N</#;S/*R,3$R\C+<L-RU-(SULIR>]0$
M,P35W@3BW.+CTN)[,7L$>]OE>W#I,3'L[.WR\^KI^_GX^_\QX`2$0[#@O(((
M$R(<V*)@0SATZ+282)!BPQ82+<9H2`=."P,><C``,V$"F!4A2N8`L())D)03
M`/S``.:*ESX\OG@1DH*$GR(.`+"4X,//%3]`?$Q8P31'D!PKA$:MH.-'"1A*
M>@B!H>,.$QX2.G@YH90E2ZA"`8#)D6-I5`\KG'1!L`&*A0<6>@1P467!"&T>
M"F!)DB3.!`M-C$!8DB0#DB,N&+SIXF3`(#N8"1T2]&B0H4*)/'LN_Y0@DR0*
MDB8EB&0ZE"51KCF%&D4;-2A3%&1@D8&*EBQ8M6[9^BW+]RY<O8K]49YL>3/E
MR8,Y7_Z,&+4WU)A9ZV:MFG=JV[;)*?=M/#EQRK[5(Z"O73UZ\=C/8S=O7[UU
M!PGFJZ\_WL(6`RWDWT,")4211Q=-)%%&&#'8H((38011A`V$9!(#$S"0@Q56
MK/#`"A-\40(/:WE@0P<A",%%2@YT(`0&%WQPQ152`*"$`Q5<06((.03%$H@_
M2L5#$"5XX8<?*+C0`1-@Z%"$%#1:<8$24BPE5$EFE5024U%-T$`&(\1`!1T3
M.+""!W^`4,`?=!C0`Q8T()%$$RW,X803$/]`D(2>34`0!@@-)($:9XJX<`@6
MJSD2R2.&3-)H::EQ,DDGD+@VJ:.23@K;*+/AQD)NH)+2FW"U1!%'*[G(`ATM
MNR0C"S3),=>,=+Q0)X<SSG@#3C;9'4/.K<NL\]TUYHVWSCKJ58,?><+:0T]]
MSLZG34#UP=-./@BE4V"U"A78[48`(L2@0Q9A%*&#&45D+D(/-M1`#SE\L0(/
M;#W`@P\>,/```!,\P,07)CT`@Q\A;.$'D77<48(0'ES@!0PDE!`$%TRT%5-4
M7&;,)0!%^-$!"2<X\,4.4H4@@0-"+,5#"0S\\-8**\7$DI8R>[!`#TBX@`,$
M&?#0+PH9&$'#!G+_]*'`"!`@D8$,'KR19YY)R%D`&G3$D0$5D&C&`F>-A+9:
MHX@R:EHCJU&:M2:3ND;);:'HMBFGM=U6"BE$S#WJ*JV\XIO>Q!57W'*ZS$H,
MX((GXXOASDSWW.')1'/--.EA,UXWCRNKZS?7=",L-_=4LYYZR&IS+3WVN"?/
MZ.KLISJV^E'KK8$&#11@@+`CB&"$$"JH+NX3IFON0S!CZ#,#]"Y%T@I?^)$#
M2474$8(?=_@`PXL\H`C$Q"&<8(,5?K`!HEL9NY664#S`\(,?)Y``A@<6N!"3
M#B'P8(54-C!0P@H,>````V;I'V*(0O$`"@"`AA$,X`A4D(`L+-`%`P1@_P-]
M\<`&FH"$)AQA`#LPPIRB1A@C+```!!A"$HP`&D4(`FU=*YLD/(-"UF2B-6GS
M!*<Z=1O9Q(84<</A*$HA`]X<X3=[J]7>;#$XYT"G&(A#XG.4D2M<,:,9QWA&
M%*6X*W!TIQS#*D_IV"&ZSZ'C&Z0K1WO2P9Y[7.N,UQ)(/UBGQH/0KG8.(9='
M%(*[W9FK(^F*B![;I$<#0(1!$6F`4#3T!9]]82TP@XJ'.C2!CMD@"$I@@!"8
M((0?6*%?$M#!%6```P<\H`)%\-E2W*(EC$6%?$6PP15TX(.WY$$J#]"!%1@`
M(C``P`HZZ$,%/N06#WB`9J?TY01ZH`<<4`$$,O\P``#2`(48.`$'$5C!$+I`
M&`C(H`$SV&`%>7:&',B!`CC(@!,,E:BN9:TSE4A-I6"#"=:@T(:OB5MLYE:;
M4K2-AW4#50]1X3<AND(`0FR5<X#!N&48<7$$O8;AHNA$7W2G5\3"XD/+,[ED
MB:>BSIK<M<A3.GK\`W7JH$\;];&?>-`N/[0+%QM;5Y$YSE%!Y*IC'O4(!P/P
M<8][_-V"<D=+D7P!",OSV0IT,#,S3<`*0KA""92P2S84H0-"_8(4K!""%`0A
ME3JH`%-(^;TO2$5C^,,?*P&``!F$X$?(:R7&/.`S'>B/?S&!RQ?BQ92TQ`0!
M32C`G)SPJ0ST(`-V0('_`RB0M*AM8`@*.`(2Y&2$)FS`"5]8`!P@T(0D$.%0
MB\C4U]SIF;'11FUJLTUK7D-#W-"3%/:D0#[IV<.YR:!N/LQ%WI#SA[R]X6]%
M#,82<[NXWCH1&E3,!C`<5SGLB(<[V>&&Y\RA+(RBXUCWT19)XX&/-=:'/RQ%
MJ;84DI]NO30B:NR(2PDT(8Z42R(U;=-%_JBN-MFTCWLT@`%:X`(+K$0D&\K0
MQ?I02PSE@`1)=<`/LO<!!_"@EF#P`4]2((4@_(`'.H#**+\P5R"`SY3(*TDA
M`>"!+T#!"@^0%XC08I8^`*$(,_N1_E8`AI,$4,4(P$%EC\`"`30!`50PPA]"
M_T"')E`0"48H0`9F`#4J**T):0B``836!0ALEFPK;%0ZS>8H&KYP;9BH36E/
MN\-ZMI:'/43ME^_VM[_=@A9'#)QR".I;X#9NH5*,<^.X\3C'@0>+%,V<<\?!
M+',XZQ^ENT?J5L=&U>D''F[<B'=M1T?R>@2/&7GI[VKZ7MU]1(\8J?2";"I?
MG,KWT]'T*@-&PH"Y@HB6IP;``R1V!0R@)`4GN(*!6?P`!Q2A""E(00B\<(40
MD$`'&/J"#VRI5;!:Z7\9$HH04!"!"AP81#KPF0^`X`$I%)M?+/F"_[Y0ZK=<
MZ4PUT$(&(."$&FS`#2PX`A:^D``0.$%.3C#`(*BYA/\F9R`)+8C"$60`!QD<
MP0B.,F>D+%&I2[2SX`2_A`TY-0FXY9`VK<7AEU$+V]=^^0A'D(Z9!7K$(RKC
M#TQ\,ZX,1YUI-*[.U4C&L*0!+#I[A\_)4I86W=-%;7P1(&1<HZ"MZZV2M@ZD
MLG-I[1AB7H*,*UT(RJEZW1N1]]I40?-MT$UOFNE/#T``6\5?B_^'/*].(%X3
M^(`2;."'/ESAD0X`@A1J.8%6\N`**<B1'TAP!P=(@7CZ`@(/OHK6`&[I3!.`
MNP/.ZA8>"`$,16A[#BJ0EE.N!"Y?%S&'^74F7[8@"5V@`@7BH(#,6Z``1P"!
MGC8P`RC@=;%/0P(<HH`$'*#_(0!H:((31A!P*;-0;;4WN*76"8I0-+SW\>14
MF"$.YMSTD`C&!_.7EX_Q6FU<M\B@E6^+\7'`A9PZU@DYL:IH1<\E5STS?^XV
MKG&LSDUK/LC"CZ"?2ZWK#KJZ@NY/0MSXGXHXVD"1[@C4Y6L13&<:CYTV=>T5
M7U'7:9\V7^[%`EP",/A52$S14U\'`"3P`3YP!WZ@!!X#!"<@!3ZS/`#`!`Z@
M!&>7`C\@!$I0`CG@`Q4@!46@`Q9F%DQ!85;2)7,%!DJ0`B6`@Z.T53;B`U>0
M`SK@54RA/X\'(G-E)?X35SVP`GJ5`0U``TR0`1E0`S.0`5!`34W@-"P`!4FP
M!%3`_QA(,`=]0`4&X`(!8"<0`'!79AJV@4*ZQW"8X!KTU#:?Y66NM4-AEH?+
MEWP1IX>QI0NJXGR`"'*_A1V$>'),1"S0L%`JAQW8,`TLQRN8PW+,92S&T@[F
M84:8*`=K1!\?54;XT!_;A5(%@FCD-0\-P1`L%5,1<CNYHT?@(G67%H"?QD?O
M)1'SI6FVF%Y\U``-<(`'2`/'5H,^M1084FH`X`=U(`3H(P0GT`$Y(`1"@#\U
MV`-7\!(_X`4=$((#-@$_4`%,D$M@12^*M!20YU4`(`1>$`0IX'59QVTED%7S
MTS_F2'E"Q6&0AX\34`6.000]``!ND`$)@!@`H%A)4`-4T/\$#:`GA"$G0X`"
M!I`#'H`%&8`85.!9;/A:R)0V=8@:FJ)P#U=#.L1#<3-QH$($=5-QL+62K85Q
M47!;:H9F2C1]R]!$`X4=O!)RB%@L+A>)5.0.]D!1&G4/7$12^V!20;D?U<4>
M;=24VR([4*DMJ=@?4VD00F=_Z"5368E'-84[G?81_^=>!EB+M_@18^ETP&@`
MOM@`%E!*)E$\(0(P6.(#&%`'1C(3*?``/F`#'F(2;$$D)4`"/N$S2O``)6$%
M4B`$)$!+,\-M].(!<R!YE'<F4D`"2B`!C$=*5N(`"P,&7N55OS1,%I(34=$#
M_V@E/>`!`="%3I::!6`'G^<!"1#_-100``$``D:V6(R1`130!0KP!0;09$>@
M)T[00Y_R*100)E%`!WI0!>J6<#;D"5Q66J'2AZP5<2>)3W[X92M)!"/@G2CI
M;QDW.*I"<DMT#+T%7,-`B`PU1<0%#NM0.2SG.>Y`#INX7,_%?OPP.@#A?H1&
MBMU%$2>EBJM8.^ME=/]W1SM57KC87IR6EF;YH`=X4VGYH$VGEO+UBU5@,9=4
M2/YE,2'B`2V"`2<0`B'@`SK`!!(0!!+P4\LS$B>HC20``R?C`Q(0(F``8G`U
M5Q935U3@!'LG%2E8`2L*`T$0I"#R/68AD5OE`?_(`*:Y%-SV%L(T`;X$F4[0
M`TXP!&@P_P$UD`14HVT@@)LXL``+H`5)(R=[8@1T<`01X`(UX``%I!A80`<#
MX`(RD`"W)0`(L`/QT`4;P&4=*4\/1Y*J-7SW-''+UUK@>7PR,`++5S<8=SC1
M\1PE)PU%!$4BQY["U2OG@')5))08I5P:%93K\7[HD#IG-!]C-&C\T7ZQLXH!
MTHH+`0^T.A$Q@%Y_="!]A(`PM6D/TG2;!HSJA9;&>I89^HL7FJSRY0(1`!5?
M$&*%!#!K`3X.0`)U\(P3<!,2P`!>H`0\D!,Y$*X3(`1!X`>/5`(A4`%]T!93
MJD@4AHQ6`@9DT`4MH#\L<2\&I@2_=DI)&E9<<II6ZDM0^H\@<O]@^"A7'-8#
M%D``*S`'NR%`1[`'"<`#%O!`C34#.V`!&[!8#7D$-0`9"G`&)+`"<D`%7=`$
MXY$`,V`'?Q``4:``$6``+&`$_\8VQI=#/-0IV)D;^01;H9)\?/AED!J>*(F2
MWVFT(S`"S1<=L_!QB-@,UC`+<O`'+I`KW5&3R"5<VS>?+_>UYL"?X*&)IT-&
M(D4M:`1T^8&KB*9&]?<M[*)HYJ4NN]I_98F`NR.LE\9T#EJA`?B+8PFX%2JX
M%=H"=$4\)6&8&2)B*U`"$H`!?H`!$E`$)/`%$L`$*9`3`!.M$P`$%;!4Z2H%
M?<`CI::9;+&Y6Y<#"TD%E0<`XSH!.C#_C;>T+S/S/;VTA-HF3`!@L!-`+Y7G
M/V=BFG#A2RS0`A80`RPP``Y`,CA``&EH`'-0`(LUO4-0`SB0`'V@(3;#`GDR
M`#1@``K0`CVP`VB@!CN@`!M`!T.@!42P&T$;DLC797J8G8\Z`A)7M$#+DM[)
MG4G+J$Q[!(.3J0OE'(\(M7^`!CRP`U%``"*7#>JA*]ZQ?91C+,FBB!5%E,]B
MJNYQ79KHJNWWP6C;72`<.P30+0GR4NQR+NLE7C25$;?8H'PD=4\GP[>(H<1J
MBX3KMQDZH2ZP`%M"(AG2(2.A2"E0!##0$Q\`)1,@!4Q0=I$7+VW!`]>3@S!0
M!$-5:AJBF7/%_Z-@0)HNL%@$<*47<F+\%:0=-F$;XS^3QQ1Y88PN=J44EIIB
M#`!1@`46\`<XL`,/8)IJ(`-4L#1QX`)INE@H<,`T@)!6^@`4``5(0`$[H`HH
M(`",9P`+@``Q8`0](`,L@`,A69W$IWPF>7Q`^UH5!ZFB7+])N[1)N[\IV7Q0
MI%L'!471MP<*T`-@D1,*T'*]HG+U8![RR6<S\"R;Z`VJVCGJESI_AA_HUT:(
M-FA->1"G.#NWXUT2,E[LE73J=1&*MJOZ%Z'+6HN].JP&*):SJ,/`Z(L3"HPT
M("\:`@1@@"$E03PI>`(Z8`,?\`,?,#`')@0`<#]?MW4J\P"(*P12X/^9^$-(
M&\,E6[*[*-``2)"R`)`7(;$\/E`$\((3P@0S^#,SJ2DOOK0_J3DS'Y*P6'*E
M/5`2D/D'$X``/."D<X``73`$=M`$((`T8(@$?]`"'I(F?@`70M``[^8"?[`#
M`C`#9<`#,8``:!`!&Y`!$P!Z!3!\71:TRC>T?>BS%G>HI.R=^/M:WWE\JDS*
MJHP#_[LXP<`,R2$--$`#$="65N`#<*T#$C`/.1E%?.:UW?!%0;F)ZD%=U?+7
M(P6K\"`?SDS8A.:VK;/-`O$0!V+-XG4@K:C"4F=',5QU%"JA>(O9GP:X!"BA
M.?R+#5`%FYV6+O!+/'I@7Q!)7]=6=P`#'6#_@76@EPX0UQ\",Q+0Q0"#=_5"
MKL$#,'5E5T/(L!Z``TJ#`RO`L$]:`1S2!^\,I2L6@S.3T:8)`#Q@FB?=NS4#
MO"'-/U[%L`;@!@QMIGER3$V``UW0!:AG!`$``#X`!0:0`L-V!2@0!XVQ`P.@
M`'F0!CXP!RBP`QY``06P`CB0!%```J3@OI]0<4+[6E;-J!;'G=QYM$B[M/5[
MM-\)J:I,!*YLJ>CY')A:RU\GD0#0!W!]N140`-N7XMYG'N\P#D1IMF)D.F7;
M'CX7$&7TP02Q7?/G.E6)V`'!$8`$V0NB?W8$(43^.U5GH;,8P[28EJ&-SNZ5
MPSN,SJ/]Y%0>VACJ_P9:LA;R\@`2@#^^VP<ET`&YA@$V``!2(%7NO"52!6++
MT\5K`6)6X-M9G'4*/0%S$+P@D`14<`8?M+M.V@<&QB\Y``3:AKO(4U?ZLX2'
MH3\/X*37/1+C$YK_2-V4[@$9$``?-`<+$`!-D)!-D`%'X&-1PS,HL`(2,`(!
MX-$I(`05D``0,`!CH`!_H(#1"(X!<-]2@+))@`,D>5KS^^N.>LI;[>!;+>%+
MR]6H?.',OK0(U%L@!W*/XPR&P3X6L``[L(1`(`'<KJ(,,``M\+4O=Q^E"GZ!
M9A^FPWXDA2W\X!_.G-AOQ%U6V6CG5;?M55[8G+<7:I;NQ>\UW`!BB:R;/?\`
M:ZF65+[95^[D55`%H$WE`\#HI:27`%"#I08E/_#:,'!(&?*ZOGU(0L4#]B(2
M'-@AR(-(MNL6&!+K?_!8+-#?"V`!3JH_PB8%'6:8_^@!5M"N2BH4J<D#IZX6
M7Q#2(4+R2[B$^:.[7^>D(S`$`N`!$6"F(#`$2W]OYXW><J(_8%`#8[`':R$$
M*+,#27`$`A``",`"9FH!64679U#V4``!@6K5QK=:BUKL1_NH_NO5*(G57AW6
M7)WA?:_A`(R(THX=SD``<R`_U#T!*#`!(<`$*LH$<`T$MF8!R46JWT%SG#B4
MY2=H,DX?(>7YV[(0L)KCKS-_IO_C#Z&KC'U'=:3_H`O2E8^&Y$/>J\0*N,IZ
MK!G*\.<LVA@:V@LOVNB\E@N_E@TP`&K)\%C`+\'V4TJ`/$%EI4'0VI+;Q4JQ
M(:*T%.,ZYW,5KMEO:F!>N@D]A`K9`$:P`]B^`SN``BA@`180%3Z@!((.!`RK
M`SJ@KE'A@A86O`Q@`1P&"!,//0`>*Q,\*X6%/8D>C8:)/1-.3@L]<RM?>Q,>
M0TE)($E+21DQ!34U(PE=(!,.(3P$?Q!V"3$Q4EXH/`LY4F`5+4=40Q0R,A3*
MQ\@R(T3-T<Y$U#+4T$3/S];7S]0CSB/:XN3?Y"-'&01[46]R?S-O;S,S,34*
M%@X2#T`.*Q%2F#!9L2('_P\>'JQ(`()"SAX"!.0XC"@1(L0]>V)@C$$`%RZ,
MZS`^#/DP!AR->TYF/&D2SDF7,%VV;!&3#LV8,%O<A+.3CDV?-VW"L=D"Z$^B
M/'\:\,D4:`,##9X:F$IGZE*K6)=&G1JU2A6K7ZUNA=J@R@"I7,LV&##`JUNO
M!FA,F/#ERP0?/@Y-R`&&`0`E=>IXL<'#B@\>#!B`F:#WB^('*\#DL`+DRP,&
M5N9.``.F[MPO!`',7:$&2P(J%GI80(%BM>L>/J0X"-8#19\Z-OQ-D/(ET00`
M%CKU("C%@@=#O4,#('3H.`\`*QCDZ%$;RAD/"[X`^0.`!X(,2PIL0+($2[8)
M"?]&*,B`I$F`(GTF6#%08,@`'%X8I;C".`>`!6-D,``RT"1#08'6-(,-,MMP
MXTTVV4Q3SCGB9%-.-CA8*`X..!SA!`(MO*'``'+(4R)W$O21`P,^]*'#0$`\
M8,47.^R`P"M`5#!!'S&.5-%#%85DT48=<:31D1V5])%')BW9$BXX/=D23D6U
M8!)--^W$$Y95`I4345T"M91.2EW%5%%5494F56QFE=53<*+E)EE5J`6G5UW5
MB6=497GE`G2:?)%#"@Z(IA@#C'5``@Q*6,&#$+T9Q,`A*SSP!1@\S,69HX4A
MIAD#F<IGEW2C`8!`?2V@H,-RJEG@JJL.,'"%!V!`YRC_$U(PIAT#$BAB`4$H
M$$<=H`R`YL%R``"0PR/^[<6#:M@A$<%<@\B'0@!=0%#`$4A000,6:'@@PQRB
M'(%%"U($X0,`++!`A``V*"%O$0LIT8,./9S1Q3;5:*,@@05BXXV#%E93#8,3
M4E@.#N=DV.$($EBQ`D-SS($``A[P6L&D!?'P0$(^Y+""!Y<!X(,$B?`@!5X6
MU+#'#!=1--%#(B69D9,B'<DDDS%YA%-.5&:I$T]`)X6E`3HE[=-28"9-)II*
MSVDFTVM*C=585J49%IQB&8`GG5WUJ:=7;>&I9P,NI(&H)BM:(9H@.>Q%`A<A
M2(%8!0\<9(6CF@'A[%Z<'710_[%V(3*I(#SP)5W<$UA0``X+@)&"#\=19_D7
M3"3N7*X5Z"`$0CS$ET*R/62\`T$(I:9(8LFV#@`8CRARR'.I18!$%P&LP$,%
M5C#0PP(;E.)$$Q#@$,,,#*310@,X%``"(2$`$$0/+:1AP`P5A/!#"`Y(H02F
M%:1A'S@&<V/^@MQ<@TTW!J^_(</>*$P.AQN.\+`$/CP@6P@Z.,"$!!YHD>Y:
MU(<O`$`*`'"`!U3F`QWH@`<[L(L4<F`!,`BA!RN)P43D,*2/W(Q)*U%22C;B
M,YG`9$HRF4E,AD:T+%$)3$2C0PQHXI.A5.4G14&:3<P4@QMB)8=/J5I6P@*5
M(EZ-+/]=D\I6ME(VLGWM+69I(EO4`A<#*F(W)&!;8B9U@<]U;%V(B8QA=I>8
M2X$A,ICB`:8>D`/&]692ETK<BNJBNPE``0D]D((.@L"`RE''`CZH`!,64`0/
M6.`Y05A."*R@A"`\H']@2`T84"":+QCR.)KH`T$,,9SG$&(YD0&.:KY2``8P
M03['68`<DH"$)!@A%`J(@A1D4`4!X"`.1K#`'(10@@<J(`X*.`(`2)`")0BA
M#WUP0!^8`(`_H,`.UAA8@KHQ#?-5:$+F>$:&--0P^C'LF][D$(>.0(2(]<,!
M.O"!`WS@JAY\P0(,0,$#3&:8"O!``D78'1-6!0`@6"$'.P#_@J108``-%BDC
M$'&21TB8$I1`Z:$O26'0H#0T%YXD:2ZI:$:S=!0ZP$&''C5`4II")I"JJ6M'
MS,K2^&3$M'!-3F`#2YW*QI8IFN6F;9&BGFIJ!S6`!CJR48*R5M3&(DB,,?+9
MBXH>\#\>A,!PDZ%+7S"5(C;:A6UQ$Q3AXB8:-1(`"@`00@BN<,I"'`LO#"B!
M!3I@"."$0)UBO4(0F."#*WPL.-01!'`,J8@',"99P5K,KW[3F14,ZW=-,(!1
MP0`$#T0`!51``A*"UP`)U$``4&A`C>9`A2KT80%Y`\,#!*``+`R!"[`H@0\F
M0-??`(``,Y`F.!`6#?9]`T+R"X?]_RBD(6]22)SBH`(1',@$!QA7`DP`Z`YZ
M4`%]%`<%8#B9#_:9/PD4:D?YB\#O_)&Y%9AD(B11*$M"Z+,F-2FB+-DHT6I"
M$XKFA$Q">:]'/3J4I%W%:4IK`=(^V@`A"G$K0G13G+R&E3JQE$]FZQ."O>:6
MLK1%;#LMFX//4K9/.J`$R-51&Q/#F3=^H0ZYNE0.)-`Y(*S64BNJ%*@P!80^
M2`8TB%C,7')@%\?,A50K6``<>%&"%#RG8WV0#2Q2$`2!?D$)R;5!"E)@@R(H
MH00#(<0C/F,!9$5&9*(AQ%Q*-YW%?($ZQ_%``Y)0@<H\P`)`>,,((.`$%B2A
M!K!K`!%FH/\`.L0!`C-X*LF*A88$*``"^W/`/'-4B'_L`0O2(-"#QG$A(FPS
M?KL%A_SL!S]Q-N^;E!;G$0K00!VDR`,5.,PRBU"$=>X```^T`E.5V;F(+=/3
M%C"(I0("@'RBX68D!.$'2?BSB%H)A3.T:-%Z7:5BDU0G^T734:XRIC0UA=DY
M1.D2K=92L<#%P&$36TW/AN"G1%C"4<0IV<Y2!3^OH`1>D$T0;$"78O$%,6\T
MKK,>D#T>F'@OH"J6X`XB4#8B"C2):PR-:YQO120B!RCH`1#\4(C-2$&L*8!!
M"$I@V$5.``4I(&8)'``$$H1``M0QK%Z,4SI$:'*3'JB+:L`P',O_/$(T1HA`
M!A+@CTB"P0!0V``5-M`%#O:@!D9PPA^@X(8,1$$(EPGS#@QPJK_HH`BM`KD4
M4/"%(@`L8.G+)F\7/3_[]79^P`UGIL'9(1Q(0`?`.$X.0IW._N'+`G2=[M,K
M\(4*!$0AZ02`8PRBD/R=+`=N$$FN=?;!\Z*02CW;$I:`ID(L'1LH^1W*5)#-
M-!W:<&EMREKFI[*UL2C1VGRRTYX,[,2:LL5LI$_P6L8=Q6W3],%8`$#&.P"$
M.Z1@,6U<48<G$((**$%W%;"GH.VYF,ZH\1>.*8P$B$IC'<E84'VA<71`!1I*
M76%[L@>"K4+@A1^4H`0Y*(%==K&"0YX@_P5>4$(1?G`%/TQ@!Q5(3=Q(3@@>
M7$%BOM($`%!`04W0KA`@``)'T`4ZX!\[L`!1@`!&@`,;@`5PD`<%D`!&``)V
MP`(#,`1_D`)%<`52L`,*T`,*\!NPX`<^,!PHX`,14`$+T#\X`##D,PVX-0[<
M=$U=!S_U\SXU:&D<4@"91D[&A4#'80&RT3_Z,%TA\``2<'9"T`EV8P5T]3_0
M@1B^0R\5D(0^T!D!0#,[HS,LT20KD5%18D(FA#0[T24?54,[M$/P111*L328
MIU^7IU\F5112$6U7T15IP7G]Q14,QD1*9!8L9384EE.D-P`&`&YKT2<Y97JM
MYQ9M80<+(`$8\/\!/A`"B41CF`@JB8!/,'`8=$49>8$RAC,X'H,8#^`#U!<J
M9Q0WI?@`G#$7I<A5F\$_Q>4".O`;/.`%03!Q4@`$X,<]"W`%TW%^*3!Q0?`#
M7A`"/1`$J3$!OK,<QU(!=W`%?C$!A``:.\!R/;`BC?,(H/4`0O<L"Q`!<M`#
M2>`$4&``QC$#0]`%3E``%#!#+*",0&!8M=$#,_(7F($`"P!!"``&<R`'*T`'
MY'`@W(1;ZC.#O@5VCX-I9*>#$&EIPH4R/(`7I89.$B`$W:,R\H$_#+$"Z&0%
M4K`")S,C#L`8F.%IK-4'B&$(,E`2':$28GA"4+)",TDTR:9?15%?BC?_)DBC
M>6SHAL7FDVRR)FZX>9KW)@7V)G;"8'`1>M=F%D[I`C<5%1*V%HL(1::WE8UH
M!U^@`QIP`B40`D(``,52+&GT`%>``17@!3G`5'@3:OX$?8I!8T#`&:`B`<[(
MC9]"%P=Q&7JA1HLS`?FT?$]'!0/@!L/A`]ZW;JM57$*P`&RU`U[0(B&@C$H6
M!"B`0,;Q`)24&K#!`S`@`:)Q'(P1:[$C'9]9&PPP!A10!0LP![%D`1O0`"`0
M+#FP``9@!!&8CG:0`4I`.36P``L0`!ZW`&]``][S!Q.P`'9P"'-@`)`S,+=5
M(1@230KY=>]3:9%V:1'9D,WS.`5`!2/@0,9U_Y[&58E^Y4\/(`1X`1U^\052
M4&8FI@,5L"S:(05)&!`+81`^,`,;8`</=3,GE%Y8,D,O@5$5A5\CU31H0A5R
MJ$-=$B9FXFQ\Z"9I$C9SPE($UH>A!Q6C1V[81D5.N15.U&"MQXB.N)4#X`(L
MR@(HL!MS-7$58)8#UQ<2,V(=<!@YTA?Y(R.;D2F!\T__Y`!XXQB>L1O^(1EY
M(S)\(1E\L1>'40&188XN\#P&Y`<GL"XH4`1"X$@+L"-41P+T)@22LW$>,!#'
M@2_'P8P+M!\%,2Q6M%=WH0128`@>$"L](`-#H``($`<K8`0C8`1[L7_?8@`@
M``5-D`%-\`L?\Q\KD/]PU$$'05`"B3`R*S`':/`'S3,\UU0P-W@.VKF=WKF=
M8Q>1X0F>.$">#G"1I49J14!7`>1`1/@;^0,`9_<BUG57L#%=$\!V$G"GF;("
M?U"!-L$S/W,E](5>CK<E,*1?9Y)?D,<T#UJ41]DF%FHUTR8U'`I%9<$58^-$
M"H:B-V5@I^>(*4J(K>>B-<6N7/D;>W1*ZQ(=F2(=TJ$[,.!(,N(HE,$C.0`$
M=VFOCH(IK]`7-K9A_G8I"2L99RDHEO)4#&`I3?``1K<#$>`%)?`;/>`'*8"$
M*.`!0'!JI-:>*[!D\9<IAI1(A,!R>G=V*/L(DW(LL4,")*`C*[`#P```#[#_
M`080`02P`RRP`3!*""BP``A@`7D``FP&`B:38U*@`"B@`&[@@090:P"`!BM0
M`RN@`+%TB!D``4UP!.&@=;U5:0Z9@Y8&=I;6D*I:`.`I7,;5/PV$$&#@`%^0
M3&Z'=G7['$F8JQ7`<G[1:A,0`3Q`5V?G3W>I=Q2`!35Y>,26-%>R)4:SD_B5
M7VO(%&2X)M`:8$C$;-5&!UQ#1!KJ;0X&85\1>HJ(K@]VE5ZCHN&:KEOI`K)K
M>N[:H@,`HV'E#WDQ3]V!*'TA4!)``O[3*2R)3%+@5Y>Q%[W!DFJT,HA"*IUQ
MGVW4&YEQ*?^T8=9[$&^9*5V``"Z@!U4F6@9D`<C8_P=*\&4,T(_Z^0`AL`)6
M,)8*-R.;23EXVJ0/H$F/8`%V`1U"<'8DX`B&%+&*@`-&L`-1$`'LL@$1,`>I
M="P6@`54``)#$`'K,@"3T'`!L`$9<`@(5P1">`\!8``)@`5'``I#P#`%@R%I
M2ZKA%':H^IWB*4[B";?KU`,[X"@%40$]X#_[5`2QH0\D&7?(]3&_,#$ZT`<@
M:V(5:5VS\2P>H`-?@`/C]6LSX4)6S$+JI:!L&#5B`GD[A!5K(B=8,WF?ET0N
MA95/<196N7I/:8A=<7HLFI6+",<3!L=Q?,>U6U-P@!`B68P<'"EUB2E/)@3;
MR[Q]<#)G5%B+`;!W^P5"`/\$[D87*Z(#G:$8B8,H#\!&&\8V+)G)!D0%%!`%
M34`!(\E&Y7<%,,`HA:`#T=@'9S<RM]@#BV0%_-<'"==8M:([:80L#+!.=G$'
M-L!,P@%JG1`'0@NU7_`'%)`[#IPL%K`>2=`%`\`#`1``-1`LMX@0!8P`.]`)
M-&"T"E`##9``:'!'$.`NNV6#$<G"+^RVJHJJ[IRJ;DO#K4I=?<$`#G27ZY0#
MZ807_A-(L6%`A2%0)&D%T<4$G?,_=D-HNE,"CN80$K6@*]032K/%DC=Y69,F
M=F@5$4IM&?H5&0I3*&5MI_L6<VPV4"%A<]RB,\6B9B&[XW;';.&B-"V[L\NN
MLVO_!SL@!!<0K(M1&`P`#)(\&9CA!:&3BJZ(T(6C*:?HBHBA`]+1&_@F'6P4
MI(X!*FUT$"L0!`^DL`*U&Q9P"AOP!XJ1&5<@+_KP,9[C`>:[,E;@`6^UC;%6
M93EP`L=;.B,3(U_P`R,#2#X`!`@T`1M7:`$4L<EB`$G@!E:0@!.X&'MU+'H7
M`R#@!%B``@B0/\-I`?"7`RW`CQFS``H0`?=`!Q2`!BT0!Q20`Q10/_33G9G&
MSCNH@VT;VZDJS^Y,S^C9ST\'!,4%#,%Z=@B=([(ZGX7;7,GU`.AD;_J9*T"<
M3,:5`$WPDAOE)>\%-30Q)E$S>265K4=1K2KUW5>#-434_S5P(1;?&B=V0HBO
MMWIU;,=QS'I5D,<O3;NV2].VVZ(N^A47Y`,<<+XKA@A\D0.GI`-7<`),P+!G
M-"EKEQG0,6,5R6](5Q>+4QATAY9RM$4'T1OHAF$YT`=Y\QD0]`\!(!J8L@8E
M\`/*!!QDY#T@:4#119*5L@/'P@0^!AR=,`%7L`)]X,S-97=5QB.=,#*0(@%?
M9@$RT+T'#`4XD"R&]+&$70#G+(#/C`8(9X(A,``[L!HH@`87$P5T8`<$H`<,
M@`Y*WH+IW-H0R;:T?6DQ[)VU;=ON/,-$D-O[I)]/5P3]`P2%&TBY"MP.P`L&
M#03]7`%]H!#_XX3_;%R*\,H(`?\%!9`1#HK%7FS=F5L5)76'U.;1`B;29,&A
M7I,GB:A@HG<63@G'I<>5,WW?J:[J,XW3-HW?JV[3->T"+-`()/`!11`+!Q$X
M3XI.&A`O;;09K'@0J*@7L%B18.`H&5L7G4&]5^T8=+>7@'-A.K`]:@3)C#,!
M*8`&8BX`W5PI*+X][5MEK^`#)<`;O8-J3RPQ"5<"^`N-(_-]9;D<$_`#/)"Q
M=/%/)<=R6@T`:G".<E`#4&`$6DL=3KX(+;`!!5!T..`&`8`"$H``I68%.P`%
MW^P!<Q`'$?`''[6`?=``XT$%ZAQI8T=I[[R#;-NV*2_/+#^>(X!.<?LB)^-V
MZ+0"G1/_2/^3\P!$,HEP\\Q$"&@P76>'3K3Z+/@,&J%&`""0N2ZAAM9M7YA[
M4D5I-9R;Z2"*TF(LQDY9E>3*>:<NTS)MWZKNZJ\^N_A]T[*>]@,P`JS%`77E
MX3+REZ#2!R=``DI0@)VQ%WRA/WY%$'1A%Y2A(_8V$'41*G@A['%3&=R8`U=P
MXO?G8J%SET@%!E[0`2BP`RU@!QXP%S8``W[0^',!`+&P@2"'%_<>$(:@V5(0
M`LM2+/J;IAW@`,OR".[)^AY@$$[\K]&H?3V0+3,0`#@P!@70."@P!XM@'/<!
M!0.0#EC@!B@0!%[*`V[0`"Q``9>_`VBP`'%``&O?!#6`!7+0_P50,`2F^I#K
M'-LIW^8Q[+:VS>;S/`+Z65SHU&EX+O,-U&D"\3\2D!@V"PA`$E(^$D`\#P`5
M3#J-#CJ,5AX]/CT`$A5?*S).='0MGI\MH)^B+0:HGJFHK*VNKZYT!@VQJ`T-
M5;>WJ+FZM+2Y554#P@/&M\;"!L._PR[.QBXNT=+&`]/1UM?2W-W3W]YVWMO3
M.`X/#SX\?3P\5N@/7U8\4B7S/#E?^$!?.3D3``&L8)"#004I8/P56>$O(4!\
M#!BL`#.!A[X)8$AX@>''00X)$Q`^R)=#"HD45V`L4!!EAP4K`(`4$<)$"I`^
M(2P`8:+$0@H)#D)<D2`$@`6!$B9-`/_@0=.*(#86&AWD`XR%B`]Z]/``L."#
MBBBZ#(DS`\21(3TLH#BZ8(P`)#&.)`&!(TJ`?SL([-C3(`<``A-V[%"P(TX#
M%B"Z3*C!(D^-`B-&X)B,HP!ER@4L8\Z,&<>0S)I#@QZ=^3-H*B,P`>#A0X<#
M!TQ\]/'A@\EK!T4@,:F)4-(7(#H(-;(R1Z`4";M=NW;0QR@#"V!T^'C`P(>%
M3G!4@1HURA,I60:ZRQH/7E4#\*UHP;*EGA6N*@8&X+H5+->Q9O+GO]?&?]@P
M;=!LPY\U5533#3G@(.@--]<,((XX`RR@A`\"@?$`$/,\<,^%AX#1S@2_$3*!
M/_U,L`)##`#_(0@8#/``A#\,4/1%0E_T,6,^!'W!A!5*V*"$$'T4E(,/,_(`
MQA<^^&&#'UZ4X,$"-40`@#H\,&"%#U)@!&(1?JS@0!!%2)&"$"MLY<%+$_2P
MP@YIPB1%!PN=N4(?Z:`P08R3Z".0!T!,Y,$18@$0``1)H(%"#Q&@H$`,`1B0
MP!`0&"#`$`T$P$,-"BAPH@X]L"`'`"B@L4,``R0@`Q49_#&'`#N`(%EEE\5:
MV6B3D48KK)S9JFL!5.#0QPH`/+".(_]8J-QMC##11Q\5/&#!`PY4((%R/"2E
M(Q.+-*(#)E\`@`8",THPW1<3>`!&&E#$X%TIXJ6RK@&AN#O>*[FP_X)>*KOL
M8LLLRKRG2[VXR+=,,+X$3`R!\26C#3;\,6A--0UFT^`X"E8C#C;>)&!!!SI(
MI(\[Z+#3CA7+6IA/C3:-"&(.)Z[`PP1]5`>&AR3%V.W+B%C43S\>UA0;#PX<
M66T.'PYIPQ4EI)""#W/@@X(/(WJ(40\3.`#T%5?"4)1''JSP!0H[X$,U"E^H
MF68'0OAE@0?J^(""!SF`X<';4E#=`P-+=0I!$P,4`,4>>FRE0`0+_$%`"S(4
MT$43,U"QMP5N"##&`@Y,(,,"8"'P;<!#).'$!E]\T7>ML,Y*>JVB@8:Z9;?N
M6L`0IO$*A24,]1$)4W#G\`@30&UKHP=,N?_\B+BN&<)`#R@P0AOO-@'!XAPO
MSLF$L`#L((406D`A@WCLD@++O:V`_TI[]`),7S`$]O)>+_#]N_XQZ0\H_\,%
M+F@@-?;?;__%W%Q,@17*>EE%W($(=0BK63,[4CZP](^('`D@#*`..^*6@W?T
MHR!?T$&5@&`S%C%D'0[P00B88(_0+6M$7BE"":Z0`ANDX`2B8H(EOA"1ES&E
M!YPJ0@H"\P,?K,`*W5K-F2K2@QR@``!(9)D28*"#,W'%17GBP204$39@`<$H
M+L@`%,CPJ"C\H0!HF(.AT$"#!L3`"$9H0@8F`X$R>&`/`P!`#G;0@@2P(!\1
MF,,"9I&`!GCN""/_,!%=_*89U,TJ-*MSG2))$SLJ#`$`,ZR1%;2BEA4LIS:Y
M\6$EI^0`X/@`."'\E5%J8P4@%,*`_T!`$[^P@T:L``6'XE0/"N"$%F0'7N&)
M%R[7\PKQD8]>NI@%?>8CC&(:DV#U29\SGB$,ADVC`0,Z$#B^@:!JYJ\;_).&
M';*I35.10`<5\-J(+E3*"GCH`16(R,D<"*(1?0@@5IC`3:S`HH\01)TFHB%$
MB@0&"03!`5?P@Q"&PC(P^"!&#Y"".P"J-#_`@`02P`$:&#"''MR,97`KPM-(
MX``+V`9F/K""!;9RQ.:\LFNYFX`-'%"FKL',*!,ITP0J@`*&]"">`*"!_Q$B
M(`,9;``M4,!!'&H@QC*^P0X@``$5NE"`#4!``01X`YUJ,X<PE*`"%HC`#F*@
M+C^R``H0"`,"CF`$"C0!,H@\)*[4RCK2''*1HW$D)`5"UY&JQ1&/*!X2CVBG
M1B"'=X^H`!#@\+;='/24$HB'!=[P'"`80`(2T$H$W,`$!0B`!E1(`@[V\(GV
MD`\\P4P/+PM&K_P4##[$")@QX;<+`LW/F0ZK6,0,E#]N2B,!Y,@F_[:Y36UR
M@P)L"\$*\JD/*\RC`NUH!SE1R$&,D(LZ`)D`A2KP#GI*:V<LNM/*)!*"F0#0
M`4E3@A**$#I]4"<B5[B6%_Q`FSKXX0X28($`3O]4.>?*0P<K\($22D"1(E10
M"#X`$JAT(I$=`.]$/,`A.R9Q(A9IA65'R8JY!#+)!6P`!2S8@!V2T``>T$`&
M49I#`.1`ASA080!#:,)2G4"%"/0!;`@0``LQ$`(`+&`'49@!-+'`@@7XS0)Z
M&!(+DM"%(Y".,V]MJY*7_+K7O35VK_N,(]64#@E`4BL>X`%>7=.'(0H&!3FP
M'7*(%PDX-$5<F?"!M-2\ILL.20%TL$(./)"7HP3`*$9`0@8HD`$L&,`.E7D#
M>P;F'O?HRQ7PX=?`U"<P6]BG&/^BGW^@F9_Y2<Q^$]-?.!!D!W+D%IL)<(%M
M'^2"4//6#FS``-Y.-"/_XY;2@!7(@8K\X0\)?`$>*WB`C&0])P^]Z*HX:D>)
M@"`%)4C@)"$`3@JXX`42=(1H-7(@#P`PTQ`$080A"($-;+`"&MQX`1:`FC^\
M)H29E@`#&C62[JCC7["9$E18SO)JK#9%8#W@3!`V%_)XL`(/C,0#3:#!'#:@
M5"),8`%#,$(""!.`&.P!!RR(@1.20`4H'*$!5^B#BOKP`S_400D3L,!*Y``'
M`33`"`.`0@98T`((1($!+EC"$M9HNELEV76X`DWL8-?D(60`!'=3%LNTHA4I
MW.8U7=X!4PX%@-ELBW?3D@X#!@,L+`'`"@=1*+]I\!&LOF$!;I/#`KI-!P%4
M_P$-#6A"`BB0AQ@DP`Y+:((19&`'6=3+/>H++?F&N3YBUN?O?M_/@/YSC6+$
MMO#4U/0U%]1;WX9#U+[M;>-%_2#>3F$+8(CG<$=$)R!4`+GK<-'+_/$`=E@A
M(E[#V\SX+3)T_B`AZBP(&)3@A=B04`@3NH+N44("?=A(!_W@P2(PT($4>"';
M3,@O#/J@@`D0YEGX.-(*0H`1'Q3A3#<%@P.L_+*TK``(<],*)`?2]%@?I4P5
M,(J)CK)^?%";ID08`1/.T(`-.&%-.TC`RBE@.!S$)0)0@`0;L`$XL`&Y)@1@
M4`%78`,D0`,$,#<+0&)Z,`9.8`1#(`-%E@0;P!4M(/\`3N`$-]=D<"6")*AS
M4197(``\"F446P$`TN$(/F!$A](#!K8.RH-8M($E$=`"/8`&&@<W1D<GQU,2
ML18!"A`'7Q$'F"``!$`#<:``*$`$%^<!"I`'?Y`!2P`!2-`%4)``GJ`>]N%W
MQH1WT&1,OH`^J44@E'8P_T%X$!--M'5-"E(QCG=;%_-VE+=;VL1;>2AY=I``
M>'@&.A,Z`J0A)",%&E)!%0`B+5(!OR).+0)[1C(G1*,[+Y,C`-$'-O!QL9$"
M2O!//E`"*N1L4!,S[Q!!07`%%W`'K%A[,3-\)>`"-+@'.]`#4N0R55,N`&`/
MDX!U0J`#2]%O6O$`K[0VP-/_`_=V)Y-$5Q5A`2[#?CFP-A(1+!:``/=G`"S@
M.,[8`PN``T90`U0P`U#0!0:P`PV@A5VP`4TP!AY5!$JP`FB@!']``0J0%@$P
M`PF``%"P`:B"`TV`!!`P`#F@`+Q#!%"@*SS'2(L$99_!<PGI2)]4`9/@?:SA
M`+]8%:^T`[#4`T"`3K4A!;NQ&\B!B)!T)NN@"2#";U>2=6"0*3OP!16``/00
M!6Y``PA@8"C6$C00'Q20!%N8!$D0=P5`!WG'+X`W"P.C'_[23(_&AL_P6@WC
M3!$SA],D3=-$AY"7E7LX>7M8:F]7>=>P37C(`E,@+"-B)55",C>A4'(V'1.A
MB`QP_VM?D0/(11`682'G)`00$9?]H"0DT`=@\`%78)%,$`3'AP$PD`(_I`_`
M^`6/<`4G<`<D``-6$QWI)00=@`(M000:B0(.L`,,(04(M@(R9`DZ4`)-E`X\
MP`1XDP-I`3PAQS)W<F_`PQ3@EV5KHP]J`2*KX9HU<`0,X`0@$"DZX!)ND`$;
M(`-#D`!$4`(KX`9&,!=-P(\!4`,EL``L0`-[(`<L,`,/N``TD``+8)`5=P1F
MA03`"3Q>\`<@D"NC$3LAJ',.61KRF9"\0@1J(EA7M@,24`0AQ``><"8:F6L*
MA26PL2W$(RY8P@-Q8`!@]BLTT`_-,56$D`,1$`,UD&L+$/\3DC)?JL(R-=``
M"!`'.]`'3M`%`4`'?V``!9`$32!,`T,,;9@,R'!,UD!IQ22CA$<?T=0PU<1I
M"_)IVS!YVT0.H18.#X*'XH"'MW6D@'A;E`>(?QAG1L(B,<(BY#0;B(!UAT`(
M!U%*-Z$ASN-K.5!Z4J`#NE=/!"%K&$`")?`R?4`"6&>1(0`#4H`!\N0/.A`S
M/?(`'1"9'>"F4M`'4F`#%^`!**$`'H`#4"`8`+$#'>DU/\12H,($V>9^;[,V
MTV9@<H1$_98.<U41"6$!/&`!1^&:EL!O7O,V1A`'+.`!!.!&U(8&6(`$1$`%
M+&`)!J```_!S!7`$38`#%60#/7#_!3V@`",@`]59C2Y`E%1`!&%`!727`5V0
M!`40!RM0`?NX*Z:1D`U9&E`&KK##D+"3`4,@:SIP;VK2![<A`6NR%K98IIZ7
M@PK*04VG4"`R!WF`!MEJ!6Z`C+_"&MH2:UMA!2Q5$$]H`3B@`#<&/#QX8QBA
M*%'P!C$0!40`E"!@!X(W:6WXE/)1#`^3#,4@#&L8E0(B6U<),8LWI)*7E7PH
MEDGZAWDHI:(&B#9KLW\HI:&6`'L`-ZO'(J*W#BKR2=(5@YG'`'IIB!>B9NU`
M,U)@!7Y0IR`1$7$Y>ZGH(DORID3Q`S!P4$QP)XC`!/F@!"'@`W7`!1U0?"$@
M+&]R#C\0_P0`X#D5:`%S@#<Y8R)O6@36X24AX!=FHA:#4(O3)S>50$,4`CQ.
M(C>N>42N.0GYL`)2,`D>D%2U@0)#L`,(@``^!@%4@`50."ENUP1S8`1'<`0T
M,`$Y\0!!@`8),`(QIA8!X"E&X`0*D&(Q$!D]D`!0$`5>4+LN<!;TV7/=>H(G
MV)#C>KS(^SI:Q#9%`*>_F%>O!"SXIG7,XJ6."$3Y123ZL`!1T`(>T`<F(GQ0
M4QT5``GNN@(+D`/`9P%2H$<1E":9"TOWMA9S,`<6@`;WB&,^B01-0`$U.K*K
MI:-L>#"NY1\+DPVPA6E2:95<Z7A_6'FG!GFGQELZ.\$P>[-O]_^5VR0#?W!Z
M1^(A+S,/&.)Y5J!0IJ1`#$"HYN4.82HLRA5@`]4!/!.7%02238(!&.`%&L<$
M3#02,1,CPA</,'`'0:`#7I`"6T`"?1LW0G`'`'8%B-@%3G`$B%&_LLE!<R(!
M-O`#2.0#5S!M:H(\.\``G+(VHNAOM,,$7\`57!P3Y7)$#'!$%@4&N98F$R``
M4&``WS<#<?`&<M``-=`$$'`$4<`2(X`%"2#%,S#(31`%.^('?E`#!B`#.+`#
MX+8#<D`#D#("<%"!@`@!*.`$$.`$,@`%(["%]FF"XDJ\W>J0KGR\6H2,.@`&
M??"",3A@`-`B8HH(Q$8;3XLAP@).7+'_`B(V`W-`QX0P+:Y9)=NB`\%24U`C
M)5EE+AZ@!C00`9HK+(=B`;68N5S1`^>9A4/9A@8#P/TAHP!BL@^3LHL7AY7'
M>!"\AQK\P%]9LW9D1Q<CL_8LI:<6:A2``RZ@!A#Q,@ED(>C@#GU02E\PJ%2K
M.W$3,AJ7T(>`".R@!#S0$7>27>H;`C]0`G<``S!0`@F-7!6A(1^##J?'0B$0
M0E:@EW$)`'GP`$@3`B40!$P0`0V0<!E``SM0`R;"#@P@TKA7$!Y@`U+`%)`$
M-AX`$B,U(M,B3Y"@`Q8P4U;!#D8A1U-M)X\[?@'@`CB0!W>#`D:`!0W@!ITS
MRFHP!C&P`7)`_P0@@`85UP5&P`(>,0$(L`<40`0!@`#<7`,T,`)&T`5Q0`".
M1`$C$`4NT`49D`1E0'!2W)!0``7?^IY19KROC+RP7``>("W+X@A+84060#1"
MNV;2D8-75\+2]04OX35I82(@&9+W-A"\PP04@0`*0!LHD`=0XHP^8!@BRB<Z
M,$=*AP9HL``!$-H3X'-(L-Q-0'@$G*/Q0WC_D<`8@S^)QR`7HR#UC*1WV(<4
MG,_UO*08S,]?F<$5;`<4T%,!``0`]A5'ZR&9=]`6<@@C\::TM@)%X$[TH&:$
M2B<4S0!6$P3ZQ"(TI&T,$`0GT`%>8#4E\0_(!=\@C`]<6P)B.P\S,_\!$D`'
MVJ<$.J!MBT@#:(`#%7=PYG(A#^"N/G`',B0$'#6):0%)M#U2+AA@T<$!2R1K
MJU%3X62JNLA^<@,&:8$\9;,"6+"H3@`'<'"Q3=`$0S!9&1`'%P@",0`!<$`!
MBD$V`9`'HB8#1I@6,^`"#>`$/=`",5``T]`%<K!429`!CK,!+``!(#`$_'B0
ME2V"EXW9>#X$J)%7%5`;%>`2AW(([$"HD(4ERP,$H$DN30<U)QZ-6[$"%E#+
MO(,E6U$1Q^',688<$R!V=`8'D!X']5N]?4*#"W"3$:`F'F`%"[#<RPT!0_"Q
MEA8_`.*&U&#=UF1;#"+!NIZS29K!I.:5YSW_WC<K#BR`L^6-SPD0`(50)2;#
M3[JF3U7B#D7@/'U0!'@3(X=`0\9%&Z*N7+:CES%(01/P`"70;$$0!#!0!RDP
MRZP1-S$R#[)',@9;!$&0`K9C)/H`!#N-9D#P`_PP!72PZD?P@+8HJMW"!#^@
M`U:P;44@`3,C"'\.4)(;!'W@\"5P`1T``S]0!%>2%LB5%GY1DG1,1/XV&+?V
M!V\0!530<`9P!'MS!`5B5BS@`DW@!!EP!%```D8@0C4@!W(`!9EB!RYQ5!5(
M&`+0`DZ0`#/``D<`D!!0`((,`DY5``$@`6<@V99MV96=YYB=`2,`DI_GI5T&
M2[*-)8DE+H0`!.7R_[U'@0"DV9%5`4O@!G:Q4?%$<B++`XS54_%`@``N0&<U
MP+TUH-3<CB%;<6,[$`%T-@%:L`3+O;]S$1\0XX8!`H=6V<[M#,$M:\$/G+/"
M7NPL0,'&CK.A7^PXNTU80`'I&WW,?J4)0=#*Y6L=N9JZ=D\6?FM]/JA,T/!5
M4B,<;P@/[0]W<`$7<`5*8$I!@(">9R03[3RWQOPET`$T3<OB0HQOVP,R4`(E
M("Y<G*U#``<C``)04!Q`,%(102Z?9`$A\`5"(`5/RU+L6@$AP`.@V3,^P#8^
M8'Q?DGX6``A?7QX6$RL`'CV#.CQ?02L>#0$[71`!>PES;BQ=1TT@?PM)&?\;
M"`TC$%!V5'M2/70+(%$"-0,>?RP%4`5_*#0L0W,(6%TX(TU-5!!235TA%D`-
M35!#0P75!=?5(-35U=W>X!D%?3X55E9]0#DH[19?8$`\/'U60&"&/!X`/3D]
M/7V8K/C"```*!0A0(`#@HZ&."CDF[.C#PP>3'`#`-'3EQL(*!0M:H%A0`X44
M)CH>[OBW8\>"'18`\*!@9`F2FTB2-!EAP(6+`4!_#O`Y%&C0GTB/NK`SE*C/
MITBCVK&SE.K2I0D23-4Z%:L+K5^Y;DW`@L56%EG1HLVJ=2W;MPF(T##D@\>#
M!SS`S./!@`'?>0^L@'E0CP>0NF#ZYF``)H=='U+_I/C0<45=$3\_=$B0$#'O
MEQ)<.OP(XD5R$7D5^_H(_""'7A\Y'I2`X:"/#AL^BDAPD,)+!PM7E)30#0``
M`S0@(NP0T&("D"\6>C2>P$,')`_F=/1YP&"=A2(Y=@"8(%-'#P9*.OA)D2/$
M"@L>>*SHL0+C!/I?`$@1<L[#'!98)+%!5C(0H8`=&4"@RPP>'+.!$0CL80T6
M;FQ0`P![1($##0$HX,(""@P@PQ$H9#!'!&]D`$</+&S01``09&#$!@T8\,D5
M*TPP@P$@9&--!D>`8(06+8P`0BKA>*/D$.-`9E<%=:W03COC\9".%#Q,,`$#
M`[F$P@,>,,`$#^-IV0X"_SVT)$%#$D@Q01\69,G`.3E(`89&*R"`P$M[6H``
M`55XH)D.4N27)@HN[3`!"A.@D01.-R61A!$L-."44E$]5913FEHE%%0^>=H5
MJ%-U98=6"81*55:G9J6J"RQ@!=>L;+6:EEH+6!$17E:88Z5>KC76UP]82E:!
M1A3UY=<$B]T%F4-];'=%$1B44((5#$R`904E*.%#"$7XL*80.8C;1P[H;+>8
ME14P\(`.=^@0Q`47\,"$`R38D`()*#30@1<ER`?`8@8,X4L,$0S6`PKQ9>L#
M),8]$((05J"P0A^*K+#2>+$IDD,15S@`@&8`[`#&(`!8T<-]$X!A005>.##?
M#O\$*-!$`2#H`0(!!;@``A)D$`!%#``XD0$()6/AA!-QR$"%`'8(4(4=$41`
MPQYS$-"`$308H(!_1'1!QAE#4"%'!DDX@8.`!73!0Q%25`"##"-<TP(.&3A!
MQ0Y&,)D$$2"`X`0UX'@SC@0>>%`?(2A8X'ALQH)A!0^+[8-"!`O\LS(0XXWG
M`TP[)/+RFE"6FT@?V<HCA162/=`#'!X@$,,."$0`P!PSO*O=G0"\AVA+T5E@
MA$X02)K$$H\:,8*E26GJ/*B<O@I]J%"5^E6IV)>*ZEBU7H^J6V6A^I9:X9-/
M5A4$-8:784#<=><\V.8@`1@.N"8!$TS,F5=>W0E24;3_?9``M\0E&1XHH0CU
M6XP5)L"('%2@#Q5X@&1\\`4FE*`/7ZC+F%S#`(I$"PP2*($-2O`#&"CA"EX8
MH0\F\`??P.`'9-(2`*B`@#S$8`HH\$')%+"#1AQ&2]I"H0[`(`0?4&1,.3+$
M`\@#A(F1"0PZ``(*`/``2$C``H+Q0`Y68$"1]2!Q-:#"X-X`A010``<%T$D<
M-M`%!;!``!F(00U<T`7!M<`(#<A`'@(@@S18H%\*4$`4JF``#P3``RB00P&P
MT`>E.>$(7:`""'```0@,H0L5"$$/A-"#$<SA(#W8@,YP<`07J`T!!IB"$PR@
M-BB`0$D9&,(7OO@/Q_T1/I'1_\TA!@8/Q54-`5\K#@,\,`'%@:$'+TE$C@[3
M!RV1R0.<J8BXIGF_&0P!`DT8P`*BH(`:+`"$M6$=9$(@Q78D:@(L0%ND((6$
M)E#``*D:E:::\A1130]Z5CE5J%)U%:J<!2W^W%Y:;,66I9B%*V5)Z$')<BLL
M8"$!,M`5!_L@N=4!Y@$2>)L/,/`#"=A@`@]P@+Q0<R>_Y``>W8E@.:2@A!`0
MJ@(.",$5L%6="4P&+U((@0,:\H.6Z:`V>.F#G1(#AOR=IGTP""$''*`$'7S+
M!AB``1ABP(5]8:`"O)0##BP`!0M$8`Y57(E=&$"N+ZS``5=P%P-\H`0)""$$
M/TB!$O^.9<0,AJ`$&`##"F;6`[YHL0?],>MYK&"<8@YA``6@PA`(`($\'"$!
M"6H"':C0A!8H``=-Z`$-CN"$5QJ!"%"`0!1@98$=&``!`1B##!HP@3',H0<!
MH,$DG1"%`8"`"DD8PA&&@(P,G,$///@!5T/Q-1H%(`-8D`$!?E(""1#`"`;H
M@?`V,`0H0.%H4QQ/#WIW2^Q4(!'G"0\*>O!5AGUA!T2(27X2@0AD,DQQ/@#"
M.A+##P9$QASW9<)NQE0#5AJA!A9P@@+<8"^4$`H(3%`9`#((`,?-X0AS`,`&
MV!FI)%`A`72XBH;OB<]7\;,JK/*)^+:W*NV=RBK?(\NIUD+_T+4`B*%D*9^,
M63""<SUF.P\``@/082T8I``&&.B`ONKP@SX4<3*,N=,7Y`&/BC""!U)P@!1*
M`QDA_"!_DCM7"K`DP7:5`#*OJ8`$'I#!!^BE.U(H%Y2J,QD;_"`$^TK!'4A`
M@@Y\$09^(,$)K,,`"8#`M)A30Q7\4;)W,.(+.4"K#Q!)S!Y.8#8V$`)?)+""
M!Z2@!!T@@0["-5X/0.<+8PU!,;48A+Q`(@`C$.,,`D"%-PP`"R!PP1$*H(=1
M%$`!28A"#]"0@1UD@`@/,IH;AB"`'03@V%&@0!?V9`"-H<$%0]@`$1`P!SM`
MH0E#:(`3)(4#(C`A!`!80`S<@``+_U2A"C5H@@*,D``JS&$(/SA!'Y3`@QV,
M2$44B&4%9LEH1#9N!2'P=SL60'""*V<!Q>DE&#SPDL9)=R0:,[,5"F$%Q>D`
M?S_%GTA34@'*16<$>\C/7#1^\3+W`*.+]@"">8`"",@``3MH0DZ0!RD+XZ`I
M`_#4/47%E7I6SU1;Z8I`M<>6@Y:/5N:+L=*QH%`7)W0$8YK<9*@CF+O<(0A*
MD%AFZ`R#'!PF@MQ!EPY@8`\H^2`();C'`X0@!&^)ZZ<ZGM,70A`"*-OF,#XH
M`5XD$(('=/P!/O"+7HHPN2@RH@A>`/*70Z"$.Z30#SYN0`7T90,2U'T"",!!
M!(C`*`LHX/^++EF`O%AG09'U;@(.X)P2^F`M?>C``T6(JX^58`4A<%%QB<N+
M.1*QCRN0"3X[.((!H/``!"1@"!T2-][B`((N^#;:(Z$`#]*0-QPD8`.3;``*
MYK"'8V,!"FB8P`(4IX`]%&`#;W!"Y_Z`L!9`02>9+<'JT#`"8(X6!!NH+:TK
M0`8]>&`&8-`.99`*7;``+H`#`@%>TN4X*-`>?]0X,,%PI;4`#--@U+%@$Q``
M!#=>[1`!'S$!]K!66#(9%X<2&(<_3+`=5M(2;X`"`8`&SY(2%X=5/%`!0#`!
MCB,%9#8!:G`D,T`#!7`33@`I2V`3U&4'!F`J&Z9S_<2$/P=BVE/_%;:R8D47
M8^!3*T57%DS'4.234$RW%DPW`@Y@#^E@8Y0C`4!``G@1!#!`0B>@'H[1.O<B
M!%[@!VF'/^`B5Z!F+TH@!.'"!)-Q)QJA!&U(.E+``%'$&CJ@=SFV/CMF+Q4`
M4^90#M_25D)P+W60`BD`>2D@?C*UB3!P!R7@``J0`.<A6#+0."/Q1YO$4D4@
M6`]$"#[P10_#$%:@`X0(`W56`4K0,I0V'Z[A=XYS"#H`)K1$`R,P!N%!`$/P
M!@'@!LK!#91P!!:R`54P`0:P$E,0.!LP`].0``37`G'P!PUP!&I0,HRR`V[P
M!VJ3!%#`*/R`3,N!-Q2P0@V6!GK0$FY`_P5J``4"<`1O$`%K(S@^X`:J:`4L
M``8-@`.%0@@/^$<>(&KF9`$+,($K$`%QDB7PH9$,@!!4PB<+$``R(05`D%$F
MB(+W8Q'XTR9+U`=3E`8[T`"3L3HI(64,)"Z(U`/HL!)"``UZA0COMP$$\#,Y
M4922L@%V@!;4(X4=MI2F0F+9,Q:Q@G0PEI1>:(5,]U!*EQ9?Z(4*-0(P*#F3
MHQ?S\`4ZP`!!4%1<\`,?@`$?P`4D`&K/\@-W``,=$#`:-1E%(`1!\(I```-O
MI5_UX!Q]4&<7$!HA@$$I$`1WT!T\$`(^@`[RY1A?T%,B92=TU1XIP`,G<`)7
MT`&AD0)7``,GX/\'[6`#HUF7-@`#.G`$;D`>7S`!>]`$_J`0;K``7*0#Y`()
M$W!%C.(/?04$/5`$U!$"=48"`+,RGD8FMPAJX\6;?3`0+0,`+2`#!@``<=``
M,A``&R`>>O`T#=`%0X`%5-`%8^!&_T``U/5*2X!''1(%!$``3N`"#:9K.;!-
M$9`,Y6DQ_)`X!*$`1U`$(.(#J,9H31`!(#`#+B`%-6`$TQ`#T>4"$>`'7G`"
M-L!'/(`X_S`E%L``19"3B^(E(Q$!0T1,7^0:Y`<3],$`#W<(O6E$8G8_,LHF
M*'$_6/(%>!$!K]8#SR(%$K"7Y8!@QY(?V3('*\``,3`"C&)$X:%L-1#_`%U`
M84C0!57P%6O!E%BQ*E(8E:LR8EEX8FDQ8ET((%H)(%IH1EUIIF=*%@Y%`64Q
M!%0D!-&2)?-`DGU0!(`'4];B!5O@EM11$0(4!"0``RH0!"#H`"$4!"CQ`6QP
M!R=P`2@4+JOA`':(`77@`!@0`EX@4QCPF2!H0'YA8_400B_$3//@+5<P''YP
M!QVP!1J@`6UX!:F:`E%@`UY0!QB0`@X05T&P`/*Q);=C!(002"CP!0Y0'8U`
M"##P10@F.3F0"%Y`'D50!W?@`!VP`D40.AX`!N/A`!6@)051'*O!!6P`ESUP
M!`'@!QYP--:$`"VP`ZFW-=A7$P5`!R\'``.@_S80T`-:T``%D"8S(`=P(`,;
MD#DS,`!`H(Y?X`;#TP689`C[,!ZS-`<M0`,J@P6\9VP?`A]^T@!0,`=0T`(1
M<`9"0`(I@`$[@`-Z`1\.Z3BNDR8>,7!GT@<[-0$HDP//N@(G\D?B@4CWN1)K
MD@,EN!GZ)2YK4K09Y1Q;(@$6DU%6L!D(-(.$,0%04@06$)FA\P]/NR8AH%@S
M<#E12F$0($E5P"HA5D_QE#UAH6*MHA94&3YG$:9:J%!9V)5NFI5:^%!J.@0K
MT"[S(`\"5++S$`(=5P$HU`%`$$!=AU'"D5,_Y@4[9AOB4D0PX`4IP`48@`%8
MYU(1=`>KV0'I\2W6LO\%'U`"BP$E#@!J1E8$=L%4)\`#-G`.=_(#&*`!'7`"
M6V"7,'`!''`'H_$#X*$`%`IY?G`%FAA5'=`!KS@P@:,0"$`(/'H8H`8`)7`Q
M$M!4SI$"/>"CGI8"==`!,04&H5,?(9!!?N`'WZ(/\>$;^W(';!`%$7`%/F`!
M`S`$.^`"BN`!F_I8Q]`,=M`$B(0`9=!R%)``>>"\<4``YC<&BH-*B/",;P`"
M37`\$0`;>V4(*Z`1T;%=4Y0XX_4%$J`#.P`Q/;`G4(!(."``$V`#$5``>[4P
MX_5'`!"=.]`.VWH?\V%3>8IPX[$/B8`H<X`&FK,`:(`F=L(0%:!?F['$XH+_
M/PU1#T:T&?4&`.=@!8#H``Z08"NU)O*P#Q(`:H<1P@W1`U$P!_7P!3@P!$Y0
M"8\R<TW@!%,YA4&WE5Q!E7++A2LVIDVWQVKJA13@4%CPQU[(=&?D'"%P!U<`
M@GG'JEN6Q8N89S`0R7+5B8"7`L0B!26@4_;@`U(FN4P`,!U0N[/17'D1`I&,
M`2=`FG=),0X@!,X1QF!PIW7AR#8P0D$@OSI``FYY`7V::5M0!W8YJ,'Q`TI`
M&A3JJ/JB!*-AR4$0!`Y0!#!`!B[`<*"W`TTD'SW@``QTIZR;H1*PO;US0IE&
MLSX`!G<0F8GWF5Z@RR3P`]9J`\;9`6MP`20`!A_`_P-JD`$RL`=E0$Q6<`$Z
MM`-_T'Q.\`<TL`(Z8`$.(`='$`7F00`TH``$$`,L0`,,$!UN4`,7J08"$``X
M8#1'D#]F529?8!L%<4P>L&_1`0-P]@#%81P=\`R]@P9S8`AD4``@M$3%L3`W
M_#MB51@1=#%6`!.&$!,JZE4*T#@>L`-/:@@,(#]`(&9*3#HH2$#3Y%1,0)$(
M=C_WDL4AO!DZ%)EV\2[Z5:-0Y`$14`-6/+]!C`IMO$Y=4``#T!9FBRIK*Z9P
MX6)<N)5-Q]=L&F,.-;=E\<=M>K=9^5`6\``_0`)U0`)!<&EYY@<A<`(?$`)^
MT)DGX)8?<`&YBD`^<`4_8/\%(@4&N!%E$$&S-^@%%X"K&%"'H:W,:!7)-G`'
M%Y"\=R$$\G`78Q(98Z(#=!=O*6`#.I!G=5`")$"Z7*`!?O"J=UF8=7:7(Q3<
MB=<;EQ8PCUT"0O!ZK",#P4.1UIP9+&-6;N4M\`-JL\0`QND'$\`$5Z`")U!W
MPNT#W_M"O-R9,%"#GOT#'E"Z2H``&[!='N$`,*`!3-`2:#!K!9``%D%..T`#
M>>`'Q=$"<_`'>]`"<H`1+Q$%A$`#"Y`'+0$%72`/#&!6&2P!#%0_9L4`O&'.
M)^`#181[U2%D7L`#?44FIR`9B"H17X0"]/,[%!A>#/,<4<T#"H"#TE7#C@,B
M$:;_'#50P177MXVP)M/4Q"M)M#)X<1K#$";XS(AZ<:EG!1'$!$#`.B&,$A)4
MX&Y@*8`(&=\\!V?0QC;1QAM``5;J%E.AUV;K=#*6YVR1IK>B4(8-R&VJA11`
MV(`\MU!@4Y]=`JE\:;::`G5QRESP`4%0O"D@!'5P`B;;`=\;:2E@&QV`/Q"1
M#L_\+GY@J1^@Z4$0`JG>AF]%`E=P!]_;'FFF@T+U+G]W$B*UB7[`&Q^P!EQP
M!1J`N2G!`PYP!Q\PW+;Z`1WP0D$@!/ORQ5>@:3GU$&+MOE$``!B[U"N04[07
M'_<!`'OYZ:"&J$R@"$%@`Y+=`0^``7W`!D5@R0ZP!>Z[_P*[BP%XH%,K9$#-
M5020J@,)L`/52KZM:@%8,$4K,`1]1;TG$`0,0`0E\`5_<%H*``=[$`.(LB(O
MD0,*8`$ST!$$D`%:<"[641Q9!P!"X-(,4$*]L=F@B2,6$`*VJV>.?4R-4`4X
MD!T9U\H+5#(M07`FDP,O0TPV1>.$L`,UK1P[($BALP,1\`=76S(K``3S04U$
M>S]7+H.[42@+@?4H@<5K<G&V(1DJSB8V^@#ZY?0E8U-.-8O[$0;'4Y0Y\2CC
M,#4%K*9[?2L)L(5WK'1F"F-MD;=-)^B!W::!3>A?J/!"@)HD5`0BY`<V@$"J
M_;T?D%0PX`.[RP9MB`%ZUI:(W/\!QAX""]0^.78'6[`%G,TZR;N)'<#L5T<Y
M^U(''("ZC.$`&F$E1N07QBX(0@#YYTLOS.X'H)E"*:`"'+#9+;7.G'X'<U8"
M`!,"^H+L=T!.3:0#.>`'<,``&/D/?6L%\L==\P$$7G`%YR`9N*@$*.``7F"Y
M0L`!F@X#'R#?-G`!,,`&<"8"M?W8>;<"@PH(4@PD6Q,M&3]W#B<.8!A78U58
M4`@!/0@\:51V!!,D*U%O"#$#+"@H8P(>"AXH'C%_50]S50L+00PK*Q-`5G=,
M/,$:)R<P&!?$`&L=&!IW)SX35AX,/F<%?4Q24CX5#SE6#TPH.SL+%E\Z`!5`
M<QX34GW_.Z<H-19H"ST>->X+.V@]I/3HT4?"A!4ZF"C4D5`A$PD+&RJ4@D!<
M-PD.'#!46,$*$QT^?#A4Z("!#@GR!*Q8,$$;1!\\)*A;L`&)39M)NB2!D('*
M$!8LL+!(,#1H@J-`B18=JA0H%J%!HR9E0<$IU`1/L5"H^G0KA:Y@60SA4:)(
MD!!^')00DH)$BA1^_-SAP.'$ART=G)'P`H.$L0]UN'0(\0-(A2\\)@CA8>,.
M##\=ZG;PPY=$ASI^/EP)XE%)"HP^8'SC`8Q)#B#`@/!0G:-/$3\5)I-PBV'+
M'1LD--!-48(-&Q)7E,"`8:-$,!M^0N@H@AL&0I@25@"98$#*_P4+%E98<>T`
M0(\=#P"`"?%1B(X'$@@#^,+D!VZ_&')K".&``^\25G0H"7%%R!48*;S3@2LP
M"*&``0&0<`(;=0"Q"`8`*,`##0&$L`,8!$2Q`0,`R!""!W+40(,<<+2R``$`
M8+="#R6ZX\$*+G31@Q5?K)!#!U:$X(425WC!#`9LP'`!!AC<5<<'%]P%@Q4,
MU,C#&3A(X,,#$P#`0P4^.*!-.>6L(`4*``!QVA`Y\&!!*^2X@8(%#_3`0CGD
M6##/"@``D`,[%4"TT4(*22`30QLE-$>>(`'!4!'</`12-R(E)!,3#O;1#@I`
M^,`0``Q4L`(3(3'`@P\[;)#$$D@LL?_331"`0!061"$%E51.`27KK+)F]915
ML`:EE:U!;0565B/L<,4/;KTEQ0D=P%!"6W=]D$(P'?@@Q`?/.&:#74,^Q@L/
M4I2@PUL^>-'6<!]P0>1C).C`@(,E2,!#"DKTP<,#1910$@]]Q&.%E%>"T0<#
M4J"70@<?P'!'D5M@$-@)=6``@[1<&/S#%2G\X-E:%0210@@Y*$R"#4((D8,4
M$S#02A-%8`<`O5FF.$&-"`4!$D@8-0*`I0Z\14(=%X@PY`DB:``#Q3`H\8,/
M10C!01\3^"&!$.L$\<4(`WR@P04<!%;"%1Q@8$"J.W@```(%4)#!'%,@%H`"
M;KRQQYHH$)#_#Y@+E+@`"OJ@0<$..>0P0=._$+GS91U<0,@6%_R,^!UUA!""
M%(=1-T(W7WCPC@]2@#$-EP-9#H0M/1@@0P_Y6(X`&BB\D:EW*-R]PQP[Z--#
MF"%!!)%#>G+ZIPX9Z=#'`KM']-!#?OK`@$P.0.3`I]%8`804#_D@@14:1;]-
M!5((@0(.321QT_=('/$JJ['2:CY76M5:JU#IEX\5^^Q'M6M6./RA`V'!I<`-
M<4(4X4616-,!&!YP@A+X@0L-NX`?KI"P(96@!`P(AQ<<H`0O4&PV?DG!'3[`
MABW4(0AK*4(1^@`&'EBA");"7EF``(9>Z`!?3'B`%:Q@0A]8P0<V_V`&&Q2&
M`89]`%E^:!P0A%`'&'CA8%P(@@-`>!8/^.`'WDK!!8BSG_O%!``ZZ(("YK""
M+X"A"&H)A@\L```ZY4P'SNN;#SZ$-)"4P`9'.H$%;&"#-;RK+,4`@P]2T(<3
MS$L#5N@`#9B0`A_`3D@7N%H(##*!#P``!#)P0@%6L(,!0*$`+`""![X3!1?\
M`0$T:%T-$+"`32Y```KH00T`X`%W:&$%8,C!"D+`AH-]8&<\RTP1&F8N#"#0
M"Q+PE!""H,0O&&`$,:Q`-OKPA7D`@$OF\(<$+#`'"X0$"P$(0`N\,P<Y]"`*
M?YO`FMRQ`CF=XDP%D9[T^N0GDD@!4`Q9GO_8<,<[C3!$"A#AQJ,`)28=O",>
M0N#;%Z27D(1D;@*?BF$1\J"34N$$"=Z#P`BH(BND`*4J3=$516OU%5W-;U=5
MJ4H!RO`5K7@%?E2AP`@B``9E"8$$H;%""12V0S9<;6A_4\+./D"D(3&D#S!8
MPR.N,,1/*<%>]'G,<+S@!235(06-"8%;0+*:Y460+5=X``]TD#$]2N$T5N!&
M"$C#!:S1!0.%2]A>ML:`(F`@B!_@*5I3L!D@G$4(_%$F#$X`G!)`\:B`J8$J
M,>6I'$!*7OI@)1","(05\."?[UBD"?T@I#O84`@OF!<T8/#!(F#0"DK@@`]@
M(\4+%&$!E$VD"+K_`P0O?F$`VFO"&+ZP``@L8`A._,X,*``[&I!2`:>CQB5H
M,`$WZ"("/:!#`WH`AH/4A00`9,:0P&`#XOP024K("%(S`@8#D*E.8"H9&'H`
M!'*$[7460$$EJ)&#'1#``W+RP`*J*0<>@`$%;KC;=V*7(E=(*23K/(GNXID1
MC=BP<M78DP.*`"B%A*`:BF*"`^B4D#Z(I`@\R``"A""E36DIAE82B0<J8$TJ
MX,1[."%5!H(B`ZG<JE56*:E5>*71KE!`!D\9P1:>4(.)VGA^LD(!OE(@!`8L
MCV-^Z5K6<M"(!S!P"U;3`)(N$`*M3L!A)0B"$A[P!3\@JP-$ED('DG69_Q3`
MP(1D^8P0CCJED)#&,QGYPA`=8,,I:>Z&0>A#!;"6)*RQ@5I6.Y@(EF5F#FQ!
M-UVS8#!74(00V%6G$JA`'3KPP"#XH`2"@<$''D<#6/YK13U`AV/7%8(B="!=
MK'2L!PBI@X'V@4[\(<$%'EMEQ83`AJUA0`]\<((K:*`'LGX"&GX@KB2EP!M>
M7`$-9B>`)EA@`@T`01S^(#8KI*$+5/`'[!2P`U).H)4""%L/5H"`"*#A0&JH
M``.\<($2,$$)0MW""`?H`,3QH`="J,`$=%`()C,!`%6`0ITVF5Y6]N$!_O"'
M.5Z'`I"L("3/-`<Y$-"`.$C`<@M0`+<7@`#6]?\@!\63WJ,F@"4)?X3.]\27
M!!8@X)/W;B,]:$E"[&D!,)R$9CX`0-DXE:4/2V`=(LD7]K"4`9L<`0+@0P($
MRO:J6?&*556ABHUC7-*JLP`',I#R"?8`!59!90100-L0M,"$*VRM!&`H@1)0
MZ$$N?,`+JSDX`SKPYR,EB0,?V(X5KH"!G'F!A$+(F5_2`ETB,>P.'2@"$\*J
M!)!,\%-2`H,#(E8HU_S`PA4@S:4[((4KR)4#B63#D#"PP2T8&FLBL"GBG$%Z
M'_T@YB0(`?6N<(>4W8]B20NBPKQ0`QD8``Q2X,$7O&.!@5B``1$$0@F(DP-6
MYL`"C)$]`PX>`AM<@0O_8*C``JXP#D=/``S-7<&JV[T`(8`!]-0%SB/4K559
MYL`)Q9=!$WBP`RHX@=O@Z0$$NE"`!43``G^P$OZP`B@@`&A0`3W``/BU`P)`
M`U50`PPP`76@!`'#(T]$0XEA!4'07"60>1[P``]`)]/A`E`@-O!U"B^B"^5@
M"UPR!U$P`Y043'*B`.>``MGD`A,@)Q$@`']@`1P7.]6F3GZ"$3H@!0S68`(&
M$GFB;Q^Q$/8$*%8`!D*@$"?T$._$.P]1!!-P!`I`!%`0`#QP&A50<@X!<B(!
M!!(@!01@$R#@!$AW$SNA4EDA/UG14;TB%+[R*U[A*S>&`PJ@`QUP`L<0!`F`
M_P.&:`H2P`8.L`#UXE?5!P0_(`0P0#!W8!@R%!)",%.B1R2_-(8YDAS*IP2K
M(0$_0&3+`D5Q-5<DD!PAH`020`+3LSP^0"TPP0,PX#@V,`$_X#@\@$)K)#U2
M^`,:0"08(`8BP`$BL`8_U`P<T`%<L`6BES@]$QD<<`4Y9%D?L`87P`2$P00+
MD`,58P,GD4/$P`$`T`)O8$V9`U_8@3??-T#=4A;O,`[[QA`,(`Z$D0)<0!D5
MX`!6L`+VL@+'DQAEE!<KT`&2I@%"TQ;($GSM5S(`X`3X!4D`8#:SXP+C10-(
M``49H`"MTP/D$`<3T`-SL`>Q(WXST`,*$`!Q$`6)T?]Y7S!#&.`%6^``6J4:
M8)`+*-01X/`%7_``#!!P960Y'A`.Z[%?Y9!><["#9\`#`"`$!+@#"H`&\'4W
M+!``YA`!`5`#$<""80,`^S*$MQ-A)'$[CA(2P6<I+E=@"5$!32@%#M((-0,2
M3``&'J`&K4`#,9``N@!Y$1%64F(%6"(!9(`$34`$!;`!1X!B2-`%$(`#6^%1
M50<_[).'\[.'0"$#"?`%#K"*!D,P.-(:]R-7&*`#^282/R`%06`X5W`"(="/
M$A`$/5('PU`D1W0').`M('AI)>`X)?`%L?<#;04&<9$"'*`!6U`T&P-&W4("
MP^0`JFDQJD$6AO**6W`%*%'_A`X"$F!@&8AC:%NP!@H)>GY0`EY``F6ED.II
M:,HB`5N`+&@5C240`0ZP2-9D-'1&5R1P!P>S`PDP!H)I!<2W)K900H+Y0#_P
M,J]I3=Z"1A)6:B5P!^S6`9WY&^V"4"_3`PZP!M7W5(G30P7C!2]$0WY3(U#0
M`!EG6VY``0@P-6>R`T@0!UV@!7*"`!ZP`VY0)SL0`,8U;G&P`G&0337`!-6`
M`=/)!'7`!A+P`)I3B^NR$/;%I/ZB!S*P'(&WI%\`/?172@N@"W.```@P`*FT
M`A$0`:>##QY0IEI9`Y3$#PL0`.20#]Q0.[>C)TE(,[E3<@_@(&M98(JB`R6S
M',W%_V`%!@1E]`<H\'!*X'LK0(8G$2;5`QK--0=Q4``1=00F!E%+L`%$P`(R
ML(>7:5(F55*BRH<%0`0HP`$D$!O[R9^G=DOQ8ISQ:2\Y8G,_L&<`20)%H`1^
M`$62F#A6DR0GL#%Z5(I>4!P/%`Y,PV\?\``7,`$^D*2700*H\0,4Q"-FEQ%!
M\"D']PM2\`-!0&D=\`!T!GPRXU=U@'=;<(P?@(Q7(WIW@#6Z<0&B)U<_X`>?
MLI\<X``P<)P8("TH,`%7X`>!%QRE6`*MN@4H($E_0R?&MP/0AP:KH4Y"0#+B
MT`,5X#@D\`,/T`?V(GF2R`:@=P-]X`?IX@`=$!T+T`$BH/\#A@,#5Z,$2/(!
M10`$#YD#7Y`#*-``?S`#&P``48``.Z`&8V`Y%"``#=`%KG.C.Q`'&.<&S;<"
M;#H';H``4;`#7P`X@I`#>P01E1(P),0`0L`&4E`C4W(G83`"+X<]Z+%XV"$%
MNJ``$3`'+3`W;^J1U41&]="S'MDZW$9*2<FU=$H\)[%/B5*X30A@1%A/8/1R
M/,!H@><!1^B/S^<#S-4[XX`)>H(1]$>H&B$EJ"$V>0!12.`$3F`3I@)14/"I
MMO(5H#H^M^(4,C`$.U`$6Z`$C-,!-I!(170"3*4$-N``_\,,(=`'0="QP7<"
M07`'/-",OL$;*+0C.I"-(L!30<#_*5)@#'<`13_`.SQPGGA'2%[@!S59!W6P
M!29`L)96`?X3!!@A>Y]R0WXD0WX`>N8W5B8D:XD#C4.B`>+Y`3XC`G7``R&`
M`<=I4QH@>K.!`237!PX`#T+#`6P@`D+P!250`!%0!\Z9):H1`I-X`GZP`AD`
M!?<&``=A?*T#?5)2A#I0(%)@(=!:BJ_Y`)!C/$]#KX8#K16@`<=8!SD@7P\`
M%Q>0`W>P!0!P`L@`G3.$LTTRE:^3!DQZ;_Z`!CNP`@%0)48P`L,W.Q;`"@0X
M`^]`6P.A<320`KO@"#AB7\>S>)P"?CR`?!T+!*K!`,W5`@7`"\KT7S1B0Q70
M"CV`!ET)_P(T0`%$4&X!<#HU*+1N`+%G8@$T``)H(`"P@RDBUTZX(Q-I&!(^
M9Z=:@CQ6&GB](P4>(&`>@$_JP"4?R&09X0-]```C@(;N$GP8>Q+^J`T"N0``
ML`!1D`104!--(`-'T`2FD@1)H)DW9E(R\*F^XJE$,0)#L+I#,00T<)SOV1=]
M8;(W13'<F[W(H+R0`SDR<6J[=`=^E4@IL*LV4'V!6`<3E"?X!#U\(01>P`05
M@$9LL`9U<`5L@,1]$!_$*&61H1E;4P%*0&E%,#V&L@U%4(HVX`-*`"DE`'J'
MUF=XUZYX@"08(,\_@(RIMP:^88RNR:0=0&PEH`(*Z=%(<@4.X/\"..`!)-`>
MD%.L8^8%`$``&X"#9?0%*+QP:Z0$>&5F^V$C.D`9R<$$?<`[8=7"%Z`"TX0:
MYNEV?O``%C``_J(!UC@8&TVA%:`YL31`=O(WJ1:"=2('_P<"M#L#5("U'M!<
M"!!S/1`'?#,!.8``*X`&<U`#;'!I87@!N'"\EN(#SS,O4A"%U7D0I"$%9S`$
MNE#*D<8$L&1#K?P%/OBE($``"E`%>2`#J`2Q*W@Z<W`.-%`G;_H'W.8E`"9R
MV,L-JBT2'V&6!75R]51@&7%R"V$YF;,BKN`=$*%XCQ4,^V1PO#-"$_`AC3IB
MJM0%I#L"*UD%5(!B29`!(%``94,51.#_`C%@`&>`7&10M)96!BS0``"`G'5P
M`H*!FV\AB+GY'J6H(,\(+XLG*4*BP0R3SW*Q%TR`:<0@!$A3*=I0`2$C!6K1
M!]EE!87$G\<@`K?(KW:Q!8=F+@5D#"6P1T74@>S``Q4[W^)8`GW@!:IWOE(F
MLJ*'.(<FB3#%`2J@`ARP!G1QP(;"=T4C`BH0-`?\`R:P&7/@`FNQ8#K0"S\0
MB,.$RT-0!3G0`\-'<.9P)B'@B-+2F_#E9,<*0CR0,YKCCR2P!BOR*8VF0R5`
M.F=P:N9[:>?[`27`0C2$?*\FUQS"2AX@3S1@"R;E!%3P!DX)7F3TQZ[@6`K`
M`-64`QP``S8Y_U!^P`0VD`(CLW@@V`<S]`#U7)<,4"9]0`"*32=P63)TX@-]
M$W-Q2@==P`(U,`/SE4W5A`!_X`8SX%N84@4X@`8`\`=T@,ML,B4SA#DV"X(R
M5.M68!XOP1`BT3L:L6"]3L\2!D9@\`5@=''D4#)1S@1%X).\7F`CQ!`5:P$U
M.VX5T!I6L`,-(,SA(P<$``(;T`00``&C@A/0/00#P`-\US6`\0&!."0A8!><
M&(@=X!C+]Q@4XV7#@7@=L`5<D!!*T!%]D$@2/9/5!R\I,+UEI0UOU(\85@'=
M:Q9>X-#X0@(/$`2'!F757GO)@M$.TT/`X3BR>0=YEGD.4,_(<`<''_^N"FE3
M0@`D2")Z4M8P1,(&++O4)B`"-T\76U`Q!GP!#H`!,FX#QW@!0J`!_L$!(U`#
MT'H%.[Y&E*$$&L``-D`$!H``$6@R)W@W=(U5^@T`0:!)$Y`"3*5V/P#"&F%A
MCB`T8.;8/'`,)P`$%A``=Z`#;'"L62.A8D]#45A"?H-\54(GXH<`%D!*0T`%
M&P`%.T`!:_UM*R(V$>`*$_``$?!,*_`)`(ZS?W,'(O#2`Q5I[FP8W))Y:IP)
M.'`0/F"7?>P!3@FQP-<F".`#?]`%!A`%GR0`44#%]U4%4="56"(%`E`%$3!M
MXP8&PX,2B)XOVX'H8XB&RB%R?M!X!-;K#`;_1H>^8"CD($+0CJM6N-!Y,QD!
M1KSS0KV8-#MPE`D(#RA``U]4`2>&`RQ``%#0!1D@[M^S!`5@P`Q^`6IE,`T#
M"%L8&!<8)!TD,!<?&BE!7ATP?C!;=QUW'Q@B-@X53!5]=28B'75<'W<V*5XV
M7B$=6R%*=WY7?2D^/!4E.@XZ/"%`4@\,4B4=%VQ;7A4<%UQU&!\E)"$I,"08
M)2D_)E)W#CXY$@Q")Q\_*0\^LQH<&BI"#TI7SA\B(AS()AP8&AJC.`C4<&%+
MAP]U+G!8PX:-A@YL8)10P@.!`PU_-L0!HL%/)V,_Z*50TB.(AP@>P.3PT`/%
MCAUS(@`!<@>&$G$`_R(4^=#AVH,KB$+P8-#'Q\$+"OVL``!$1Y`B$0*P^/#A
M'`D.O(*PJ<##"@\>Q+[DX)%CA=D5*]U$^&(`@I$F`QK,\6!E!0\+%E:@0`.`
M`8\=*%"LF&'!`X"R8%8PJ=,P1`XP/G1(`.7#AQ0K??H,93N"QQ<&9H5XP&NA
M!X('5@#,F;-#P08#<>0H0),G`HH*8*JT0,-#`A,I'ES^@0/$`1/)3/I8L2+%
MAP,A17Q4>&[E2H@KR76D2.2JEX,B.OP(86+%1Q$PQYDP<2`4L`<)OATXR`%@
MG?PBX'UY:!H"#`H/`)JU0P\13.#`!!Y`@,2"2%`!Q09);`!%$PLF,4('*O]\
M4,@%&FS!12FE:+C%!2<,TDL1/W"QQ5.'3`)+'4==<`,)*?`@Q`4J:``C!C!T
M0,@6=<``0Q\59".9=26`<040#_0AGQ`^]"&!#D(`48$.T:2`00='Z9B"(#_4
MH4,)14BT'1,\!G&<$%P)L04;D47VA1<<<BB")#F0\`$;'*BP!BPFW(#)'85L
MX8P&5!'$!9\"F0`,ET5X`80,*[!1@@!#L,"#=!4X=X5Q5]AP!08Y](##!&;U
MT(,%.RR`0'VA_G`<JRE<H0$,)VR#B`YU`6'%)5MLL88.*TTP00@7F!`"#26<
M\(Y"14@0I5=@^07&%Q.`T<=9J(H%A@(U9&#$!F__K/"&#!5,\`6``*"P0`\`
M?`'``O0AT,,$"BQ@Q1=6U'%'/1K\D`,HDDDKA`[-8=8'&"T0T<=O3"+(:@\\
M@,&#!PO,@0(":/QA``XC+(#"'RM,^P4(.%BPS@/K[A#`'E8P8=G`F?71G"\W
M,1%"$+R$X$<)5CA@`S82/0>=#1IP$1U7O2!7Q!?N$2M9+Q7P6T0(34LGLQ1E
M`5$:2_!.8$$./ICVP`0R4`A!$DBPC4031BBHQ0T$%32(%WXH`6(=5&'@X05*
M2%!""760<`<)YW3@18\=G`"+AA_8<,(6(B#U`0FUI'`'!\I<0,(O%1011!`A
ME"Y>"'T`49G,14EA@PZ:_Q5QAPY*I(#0!V(L(LB6),A'SW->T.-1"5WU,<\:
M*@SCPP-A<D%),FR(\(%0[G!0^2(<C(H4!S`J1(DR_EBO0AT.>(&0`A@8X(0%
M:VAP!PI4H-'#"IH!4=0Z*!K2VA#SL\1JJPA@P#R"X``KY``%#[#!![:`N!3X
M(07,*885=.`/93!A)?1[0`508`4@W&AR&.!`92SC*]3DX`%@F(!?*L8#8TT@
M!SE8UQ`R`(("&*$*48"""X`P`0#T`$"``0!:=@`&"Z`!!3V80PY"H*X27*`#
M(5!&$'B@!"ETRDE5BM(#/M$"&<@L!!*8P+W:U8.%]>`E[N(8`@K0A"00@`!#
MF/\!#^:G`P#HP0X(F``//7#$"4K`.)?!S&2D4(1M,&$;(=B&%TA`@F.T`@9W
MV`X,O'""@O"D!#Y8CPY04X0^+``P/="6!6)F11NE(%?R.8XOOB.S'0"H!R,$
M@@=V8)N'E:H)$,@`@RJ$A"-0A4/OT!"(3G`"OF6"*C:`D@,`QP85,')/D\3&
M'2BINT@$H0Y^P``MJ@%)$I`H2$4`11^"()X^",$X2[N2%'[3'"'<@2(\<$5U
MHH&4$6UA@1_@PAVVF0(V]"0$F=SD`WS%@R+D@SP\T`$#ML2.#SRK`U92G"5\
M=(<0CNB)#A6$$SE4/>M]X`8E8(,?:K``,A@A"/T0!!;_G&`$%\QA`4+QP0Z.
M50(8:$`)"$I`8?SWD@`($0"%K$`%I.``H%Q`2(JS`0_ZP(`3/L`+;U*(#0`P
M-E2A```E\`(&_%`($:33>%\!B[8^%S%4Y6`\2@C!#@P`@A$,8`@@F,$0JO"%
M![!D!:WZ(1@`9($(Y&4'#-"!"QW``6)>H`05P$-RN/)'@FJ0!U,@@@Z8$!T`
M!:<T`VI58!"P@`4H``4U6,(&`D"`(R@`%%)P)1'VL-053&`.%@BH9E)7@3_J
M``PEP$`*4B`$&P1A%390`B1/(`DN05(2_KCGELYYG*`YX"46F,!7]%*:<51@
M%5S%SW=6*9_`P,L#QJH`7ENU_X[)A@`%<(#"+MO6!"L@Y1]UTMTS!C$BJEQ"
M%LA@`X_JT#V>P"`A&"B1!K"3@IH^D00_\`,);&`X!OB`"R>0@!1FX@`,0`=*
MT[',A($PF0J$P`9^X-4#2E#4,,6W(%SP6S*(&>`2#`T&'\%,"#JH!+IA!Q@,
M<+$.K.$'#MQ!.GVX`MU*\8,.<,`//RAL,CBPC!1T5`1\JD/EKL`&)BR@"BZ`
M@A`X\`$_Y(`#$\@`%<XP`5<XP`(`<$!-2H0&$D3`!3T<#2T5D)(52&&RE7$`
M-0;AN!2$@"LME)8/-.#$Z`%``DJ@#Q(?4$E":<!2DTD=!)D@C'2LR`%]P-8*
MT".$*_](-Q>T[$$29.`!*D`&0:-Q"0#BI2J1G1$(D>`!$%9P!1&0@+^NN\.4
M)``$,#Q`K$#@P1F(L-T+*F8%/[3`%]R51`M\RP-"$/4&9#"###A,L*R*0`16
M!0`$S<\7OBZ/#\83`L1U0,%XH]$//C4T2_Q7GT*:Y#Z#=())ZT`'0$`C`*0`
M`(11D1[44#`,N$!B_)Q3/A)@%0H0)#:,O60'GEC/E,#P!P@L@9=<Y9L["&(H
M9]S37R4X9B0[(($M/)H#>'-Q)HA+3&(R0@=(%<0%%OGB$WP*""$84BZ"X`,,
M+"["S?D$D88J5"!@X`$PB!(&E.`B#0S"1UNBA(XFT2,>^.'_!#;@104>@$(K
M8``/3U"""'10@2`P(!LER,<)5'`%U%AA)P)9R)M"MQYG-$02<1>#!L2PAA#7
MX1HG`%D!(%`%)FO@:A@(`@(VMH#*],``-+B"!+Z@!`!<K`%\2?7&YF`Q"<,'
MA1*0G#0^]X,0.)@LX[Y<#Y*<@CH<F8P3R`8DI><+(%]79X\4`E-.$`14R=H!
M7K:9O(8`!SL885X,P#2[SLB2O?;@72A`,P="4(0)N/@8U#?.5B-3,8LI!S4$
M(/:]B\`$`*0+`!Y`M@<8@$0>H.$+]V8`")+0A`UT80D9H$#T%>"&'3A``0:P
M`J.A&*D3;!(0!$KP`(;3(YAS!;O5_PI>$(&X@@@@D@ZLL%M^P&"U$`1_Q`"`
ML0-_804/`'S3=`<?PB63D'CRL8)ELP-FL4<MM``1T"H)91SQ)P%4L"!+D`1D
MX$_\50<F]P^<TR&+(`)%H@I74`)WP`9ZL@:&D%6XP@4?LB/*%6`'P0A$<VZ-
M!!\ZX`7181DZX(`70$`>Y`,21B120"04ME&X(@E*<!.HH$T.T"-7MPH\`A$U
M<1.Y8`4IH"17(2A7T"D5$#1W$`3>Q`9>`!8C-B*<4Q`F$`1W]A,W(!!L<`)<
MD`SNLQ!^8`5;4`3000(]D$-08`",X(4:X"P[I@1#``4])$9D1U5*\`-`L`!#
MT`(^Q"H($/\`=N$#3*($FP0&4J`$[G,'@_,##L`O8/!A/P`0'/`#=0(#5&48
M$^`\('9XQC%4S'$%7,`]"',VL!,.12`%0<($#,`$\K("1>``"/`J.:`9`J@J
MJ@(@"))9.X!F?Y$23^0Y0A`"0M`'%J8#N0`6Y1$Z?T`$Z5@,3%`RD>$7#R`%
M_Y%^$I".19`#?T`%$'"175!_2*0`"&`!%5`#35``B[<"PL`$/R`=F;1;9N(%
MZY:!("8)#)8(AD,+?I"!$9@"&D@">%-1?O``%K``%N!@6N(%."D-BN-`%04#
MUV`X5S!+=Y`K5F`QST=%JW8P`#E91>`!"$!#KQ(L?E,5AD(0=:/_$`$&:RD0
M"4A!`D!P`F!T!56(`77@.(3@=!@`#810$.XV2=QP!T$F!%+03D'0(S#P`YGQ
MEYPB3JG3!^6V)YE0!S?A08SD`)!A`Q?@!XAP!?L$`]P3B#[004-E="10!'[&
M)-N@.EN0`@:%`926'!>`/"K0$U[P"^P!`RJ`!VR@!$Q625M0`BH@`EG@`UJ2
M5E<A!'8``D>`!;?F+'^B0!Z1`TZP`$`0FJ4#D$*`?6_0!:O6$@C@!@I0'[W&
M,M?R%1W@/"Q9`E?PETOD8@76:Q/@C"U4&&(CF&>9C@7$:T`P*G6P!@Z@.L>2
M<R&EF1P``PR`+3_P/%LP&^S``*O&$JNV_P,(D'XHL&V"X0$$@$1@4')!4F"H
M4P$V<!S!YBM3X@!A(`,A@&FHP@"UY0,HJJ(4XP%DPQYD%P<X``%0,`1.@`58
M((`3\WP&`)1^413`]S,[ACD+YD"[-3@,II>,Q$B2H)3I8`.1-#0.5).E$&`=
MVFF0@#>+M"6[M3B7R"6WLPP=(#W;)P']IE\DY@#D=$[1`00DD7,V8`/2\`\C
M(@8:@A26LP4P(`%85U%L`#A*4`<E0%E`V"$(,0B#@!1;4DR$$`D^TA/`U0=^
M4!E"H`26*"0/-!-79"4%Z"MEIU4$$4E,(`'5$1VE0PCZA1!"PF"!4R4%^!6&
ML`57,!ZZD`Q91_^)\="9TE('+\`!_/`0,D,/.$(WBC`((N``$J`"*E`"Z^`/
M1<!D).`!`]`%#<`#@B`L^Y4((3`'+J"@$I!(`@@>(7!&`^`$F>59<@""(B@O
M$R1KRX@(6?=;5Q`95\`*GC8!?8`XZH(72X%-,,`$,$!](4!4O,@$58$'N&`C
M5W<"=^`A#<$!7R`X2".67K`^IK<4.KH`?^`".,`2-$!5(<`$:."B`(!;_G("
M".883!`$]R9KRM$<(YI]=>%Y(^0#8-!K'K`.2A`&$T"J.W`$3?`'"U``GQ5=
MF/5#Y6H_?UDZD7`--0F!YHF3.><%D>0'3UD37A`$-C`EVZ"3IR0)`O?_(0N&
M*Q%H.`AF.#]`8I8P"#3"8H,`A-*0"1<U")>3`H4@8%O@!TQ[;@<1+,F`%`T+
M7WRBIU=P=9"$9.QQ#5=09/1E-QTRI]H$#<4429#$"C2RM;;@`%(0`GR3"KHV
M5'\Y$YRB,'U@GA"!`4D(`^=90#Q@`R%`.6Q@I_N$.6PI,[*V5"[F!9@YF!<$
M`WQW`R_0FYSC&YF$6&OP`C>P!OV@.@[`#R:@`K]*"(B%L@Z@04)P`T;!!I&S
M=FAP`H1Q`ZVIJ$"(35HP!S0@!]"Y`X?&`"WQ!G#0`"X@,JXR`U$@@D#``.RK
M9PAS`75`E*1CGJBC.#"`'Q/@`V_R`5X`@O+R_T[8402Z]0-_^1L*.#E^4`&J
MLZ@0<0[YM"4"8;"+4`<N<`1=L10-QS\)<`0MX`$*4!)%```!$*U*L!R:LP4H
MZP72,@U!H+1$T@<QJUWI&"5#Q0#E4;UZP0`3,*J#N``"T$8XX`)T@`!I0`-H
MH+Z9Y@':X9<24*F'P"5<0",L64@/)`14BSE/.;EI)0LE\%L/5&X\TPJA@CG;
MT;2&DX&0-%E",)XUD;:("@T[(B32$+=PZ3?#Q;"B8@V(@!`E<E$C(@WU5!!U
M(`3>=#BH"5';00)!`!0=X`-U\`\5I"$!!B2IP`J+1$X_4&2\X`.?D@M.I+LV
M@!F':1F@(`R=,CB;H_\"%R`"6T!(J5-0RAMW>:L**8#$RA&5^F`-G0#!;NI0
M&B`"DV@"%V`S18`(Q"4"+X`'#`$.?K`&)L`&S\L/YZ`$A$4CHQH$?G,%F)A/
M'Z`<8*!ES_N&?J`A(>`%7X`&/F``/"`%*X``*X`M&],``H``!B"T2CP&#&`!
M5B(O/9`(2GAN1ZH$3'`%/"`)@Y,"LT85'W`%*W#1VG0%7Q`.-E%Z)5"=?CD>
M0L`#3#`TEU!,R#`B'5$"!H(FWM0&3<`_H/$%\!(`+D$`3K`""X`&R(87/N09
M""`%/Z`-OT5`>-`!9*)%5Q(%)$J?Z?@+HWJ5$@`&GB4#+7"S(MAP8Z`V"D+_
M!500!=?Q`(:HE`$+<_0D#8ZS3X-2MJQJ`RA24;\5SR$A!)GSQ188@34)21#6
M.'[@!4+P6U)0"MWT0!45)%+X(1PB#5X98$89#7`9A\1%M2'"(0[A=)BPFT(3
MS$^$#3]0;SI`(R%]#?^%IXO@S-!:$W%*E%[0'+Q`267'`]5+)QW@BTMR,VAH
M1078*:J08!V5@"'M`\RPR9SCJWKJT)B&,,K1!PY<N(YS!3EF`\)B/2*@K)ND
M`UG@52:@S7B`!RH0+"MP`,JZ!FL@`AA@`QT0T;:)!W[@/G^D0,RH$$J`22=-
M`RG@``#@E@O4Q44P`V<0!.I;CP+@8+F%(TQ0`U70_P0(4`,$0`?H1S87,P'G
M?0W![`59Q1[H76\*=@&HLT"(B@%_*AX3\$3(XF,<0@(/T1"8,`@%:FYV6)>J
M0`F9D$T:$`$*0`1D`2`+`#4#,`)&L`)[D`8L\09*L"X+$`.K%A)I6Z(GL`;<
M,*C.X0`!(`,'%Y'&,3\28-+!-@$NJ`!JX+)-0B1#H4L[^`4^(`NU$H8T<@6D
MPT@I=DPTS%_;D8%;_`.-I&<,2T!^1B86_@.ND(1*@#FM\->'(SDGD($D=@5Z
MTSB$S=>-4TR;_*=484\>#B/*E4_0H$^3<):6%%4Z<#6^P*%%H`1=C`I,>H$E
MP%638(+VM(VV7#A$.@D>$?\$'?`=:6P>R80B<#PF0\<I?QG+#1ERM<-5?%*9
M099-)^``*3`0EUW;2CM%RX-;SZI;)&"2B=PHXWT"7O`$X^$'-V`")H`'V\TY
M:R#NR@J]<_@#U1UW5*L=DZ1?SZ(!52T42L"^-F`"ML._`:8>"0!8=N4!;A`8
MJ%+4/^`&H]@``>`&!M`#-8`&K.L#?WT().`97Y#&B40).`D#AB!<2%$B/@(D
M"L4$)#`+&440)N`C-B<0%E8$W@0#03!RYJU`5:%?PF(#2NP&2\%\GY0`&9!$
M=,`2'M"3.>`JJI(#P55Z[+$(BWM.O1`&Q#8>?R0?Z,<`AO$%%2,!ZV`QJI.&
MF$'_UC2P`2"@!H.SC\K(2(ETN9``E_Q%7(FPZF/;$Y*0A#9`<#J0MM81*N5F
M`S\@.MMQ@8L#M@KV0""6")=`#9#T=&M_`G]:$()0-W#9MYD@#9!=$WYPR1H?
M8%F[3M/)!!XAIW?@+Y$4/%=@R;<&4-K1#W%)WIU=DV4[^@X4'BDP64&P!:%P
M`2(OSII+=$(E5,;C'.;I@-G@#"9PTDFFS=_N4%#VIU#4*9H+)4"PB3Z@7X7$
M!!55)[[Z[=(#[I68!2_@#C>`!R)0WLCCW>%^T<J9#P)QDMQ3U)G@#-O#"3J`
M`@ZP`G:['7PS(DJPSPE0`84!"`!N<4XH/3TE&!%Z<PL)_P0!`A9O'D!?0B29
M$@]?$RL35B%*)5MW(5XG&#`P6Q<?'W5U'Q@?10PE%TPI;!H<&BHB'3!U5SH7
M#$`Z'THI'RD_&!=U''4G;+07:U)QA@\3%@`+/00L1I-3*Q9*$STH<2L`"%(A
M*24.14(B)5="01(29&2$*'*O"$$)3'2`D>*A$I@=0,!8Z1/B0X<3%S"D(A%$
MR94?*6"42&$CR!4_*93<(3$2QHF5(%/(7`G#A@T8F4CX\2-$21$;HWXH.652
MI@,2.F3N]-)!IPT_7F!TN"/,QIT2.G*FNLCE1`<_M#A<N,"QQ`DN';A$<R6-
MF!('-J^4L)&B8PH@04((\>'`S_]<6GY@^#WQS$:1J"-57#A!XL.6-1RV""-!
M-P7EO$SJ2$A!KTX(*5?J""GR(TA2(!6D5$B]ND*)E2A_V.S`X0,;9DR\J-BM
M@LV'-8L[E!!2P8$4'R1\>&'#H,B)'S^87#D!@P,;-AQ40/ZMW<0:#1@ZF+B!
M!Y@*$^=WB_""YT01-B)$F/!BY0D'&$$N:,#.?PWE%&#DP,,=X0G1P1:\8.``
M$!)D@`89.P2`PA@`]"!!$$!TH``W"D"!AAP1_)$&#SRL$,()*S0T`0">K"!=
M"!U@P)(7),!P1QU;:.`*%Q_H=\4$%:Q1#RL<<$`;"2M=,%T*&(3`$PD7",<$
M!M9I5(?_%V-Q@$<0,\2QAQ45?H$""A3L,<0"3FRP0P@^A.``$0UX\(4.#J1$
MD`XZ7.%`$#ZX)H`,^.@U6I\.".C!#CN@(,`.8(`!A`,A4(7!%C:2\(,42GR@
M@08]EI+)5*;Y8-D/J\`@5PI7V!@595(]$X0--!:A%S\_>*$$2U=\1)</5\"J
MTF0ZN235,!KD>$(=-H1G`ZEWU&3CI!EAP,86X<&@7T8K"6I#':7]$,(5KI4@
MA0WW2'`%KG[<(40=)#B`@1^GXA2C;1WX0.4:)FB`UATG]/N2`]!YX>VY5TC0
MAQ)\I>"`#Q(`T4<?4J@F11]`B"I"%C22:T4*11;Q"I8F:!D9_W`P#I60`PQD
MH40?&/"0@@I<./D!!QBL5=L%P)@0LGQKB'#>#2_HG)T)>-QP'@;`G5>DD6!T
M(-\)'-P`&1L7\**!$J&P\84'.:BDQ`F]7*"6#E:,`((4<ZQ0@S@K8)B##B&@
M$84";R1`!P(1Y/$`$!.TR804#`BQ(@`L2N&`C3O9H\,/)-21D5<=8(?!#P!H
M8$)'=\B'00FRZE""!CX`L<L60:!2#!BX2,.%`P^$``V^&E)`P0H[Y+``"FY8
M<,0(#1S!!`][?4!#$DTD```*$O@AJP,2"#%0"!4`$89`>15D$!/P>(#"`@@L
MX`$8//0Q5PEF=3`-NTILJ^E8=73P0?]7M)P%2\T?"*93!U]=$5*-.#6+I!=>
MN$)'A%`"&!1!)OL0A0,J((2=D*HI_DO%#Z8R*2/5@0M6@8'`IN,'RJCB%2NI
MF5=HP@0A/.4'<[F#6F3C!<YP00F8$H(#=%$"CUQA*B3PPI4LTZL;>84$J^L#
M"<1"-8U0!7^6>E4)&E,Z&&`@!;EIG#W^$;W5]"EZQQD*#X!PAPKD"0,JP(`.
M;L`!$]P!.[UY10DZH`/G,4$)$@@!"90`!"%X80M%^H`7;),1_43F`B(HTGD"
MN9^HO<!G.EN#"F[@'49^1Y%K6,,-0K<%(=S@#B;8@G8V91VJ.4`'=P!``+Y0
M@A`\P`9%&LO_L7@@!ST$P`L!6$`$>("<'*#``CUQ`1$(8(`C%``%<NB!0K[@
M`QA8H!+9^\077/:N?3"!"4$("4X^<((>]>@"/OC!#2KI$Z9P!&(ZT(`-N'`!
M+W#``2BS`@\F4(0Z@"<%4G@``U:`.A6$@`<>6,`)>G`\"\SA>!G(PPR^("8I
M7.`!($@"!"R@`S@(;#3.FV$0)C8&ZH5``I_4@01XL`.&[.`+JVD4+9O%%6*(
M12/#2,6Q+D@MM-#B#EN8!0;J`%.RW,$/L$K%3"\2BSMXH8,YS(L<W13`*X1`
M+T70`8U2X,T[6"4ML5!+'6K6@2`X@%\="*`7N'"E3(1$+:]XHHWN_R#`3!A(
MA>$A":SJP;SJ'2X$L&J,C&KDE8O><&8G"`$&?.`#\;1B"UTYUD6^90J4U`E)
M6TB&#XN0$!]03%9!J$`?O%C'5"&I"$[$@P9^<`<5Q"(%/K#.!>Y@G&AL#E6M
M^@F.,`)(E_R5%[Z@DB!]AD<.B.$\>`C:;F[`2$:&K!=KV$)\#F<"-@171R&K
MC5CV9X422*`'-)C`"1P`!A.(@`UU\$,'^-8`+11J!P@`P$:/Y[T2+``$+D#!
M$3:@IG_V80)@H"-#&@*`''@";BBTU6A.P86N2$,LA>3`%SC`5Y,,!5XX<I\^
MMG""-D2,1-ZP@@2$X5@)^$"D?>)!<^ABA?\>6"``>[#`'YS0`S>LP`APV$$?
M4*"'#5#!`?ST@Z#:IX/&GF$$.@@"8PG"!!\P89X^R($/K""@+P!AC5[YP!V>
M<2!8I(4Q=X@R30\T58U4,Q;4T53[;GJ@C%@S&HQ)`53\X"UZ&'4G,MG,/=(G
MF#I4J@.]BL94+D*9(I2."\VR02*XL`I8Q8AJ@'4)_MKGE10<L5J&1LEP'*"$
M'R2%!)A=1<U02H*3-,YQ7H9!Q+RP!K5@`"TOJ5%.#<VN#I)6!]L2&)TJT&,K
MV"`$3)@L7U-`09^V+UI%N(`?F/"##^"4"UCQ08[Q,)5A8$`#3*A3ZJ8U52?R
M0@Q%HIH@:29<$>C_*#N+Q`-ZB+9([:S!N+X(+M&\(Q8.!%(QTXB2%TI0`=0!
M(0(HD,(/Z'D#]TF%+VJP@`1RD$\W*"`'*_`P`R2`@AJX0`YAV`$+"K`'.DQ@
MG@``@P\.P4\-KX"6==$!#!#VK1),=1:]H)H&;O#&6/<AU4'H`%N:/:UX1F^+
MGZA8"AC@@RE:P0<\<$#.(\.+$P1A`A%8`0*@X`(/].`/^`"``MA1ACY<H82O
MQL0K^*J#,(S``<[3RSWNP0-AAH\'8$`&@3)"Y9^2@!8,IF:4_;"5NT[U)::F
MH-BH8^S^5JU^3?X*5*X0%*9@(C`_0*<,>T4"8:SD*P?:ZTB\$`3BY-HB_SY=
M12R8A9%>I.!87>%7OV*DEL)?9/$(E``S3J$$;P[Z?9(J5GC(N840P,"Q/S`2
MY_%,YRWH`"UI8<-40F"%.A3A)'V8J`^*T"=AA\X'K9O?5+OB!S9HE`-WZ(-C
MV6!=#/%5"%O(@KFW,$3DQ],85))68UIQ@2T@R-P?.%>-&%F;.L2'MSK#`[ZT
ML\CX*!(/\"E:<<7P@?B4$3O9$15!\`/)X`4`L`,>X!H`$`(((@Q*@#4\(`7)
MX`$(\`<6``8`X`$,P#P[```.8`$&``!#0`4-T`-]L`*?P&\]8'0>0#@HV&@3
M4$"C8"KF5S/[835BD%<Z``0#1Q9"1#6O`'+MLO]%/B`$\30!6Q0"7V`N10`$
M/%`"5A`$#R!$)3`SV7$!-;`"*``%-0`!7[`#:?`M:$`#"X!S%A`IY!,":V0"
M'2!ATU.$2(5.Z,17/48B)%(Z':`C8"-[YG,!&I0^JJ!R[<-V:4=39J==U=`O
M'Q=68Q$>%W$M6?4#*!$2)6$#GT(1'5$"Z=(L4.$2V:4@&\<7KT`"@10E'6`3
MX2$C@>$''$`",)()=$<@T:`!./42,)`"0K!QI<%H2A`$VC57?H!EU-%!L*`O
M598";=`G$N!QP7A!S<8O[T--7%!<G#$4SY`"/!`$?9`0G_%)JM$'#70'8Z$?
MV!`"XM,!!%$$5L`&VH;_!ZC!!!)`*B^P!4R@`EMD)$+``TQ``EL@?Y,B`L"!
M![Y0-;[A1R*P&-8Q,T6SD..A;3?`!;8U?V5T'LG5"]8%'GB`!UL`$FP4/=*W
M`VZP`)YC`;\@&7,!`Q,@!0&``5_P`$30`D.``-H3!"8!+MC4`UU0!4XP`PJP
M-2SR#1:P@O3%``^`*>F3$B?`=A:A']^1)1=`0$"P`CG`!C8@`KUH$=$`6/@@
M/@^`"R2@3I+U``\03?>T,F#P<)LA6T6B`0_@`4.``Q'@<`M``24P)O"V`GQ%
M`D*0$AZ1'1<U/09Q5$)P,OCP.U;P`"22`T[B1!HP+P0R"UY63:HP+!K$"M8D
M_Q=1X04WP0J`-6DU,U6.4V4'PF<VPAGI4GY\AA*R0AHC%&5R=`=*H`,G@!RH
M,A:]L!\BT"PXL15(I#])168%U#S\XTYJ.!4^18G5>`6B\C^JT@'2=(OFHP+0
M]P_R1D`.`$C4Q&`7I!$Q<C->L51[T1>AR#`<491LLHT.H(EUP`;]I2E9I0,^
ML!C-<R)#<P-9<!MFUB<EP`3.P6>64GK14!O1T#,BL(^R14U^%`TJL"D8(!\O
M\`0F\`1!(Y!CH3/:44;HD1UK@`UD=`%`HR0D8`!,0`8;)7T6@``,D`-`P`3%
MI0HF@`&&D0,@\$DH0``S@`!HT`,(@(M!P`#,4`1Y(/\#,;`'(""3'K`"#.!A
MQT1?$_`%#,`#J+9N/X4C5',!`WD=&E`'3&"EFV0"5U('-P`#U/1)R/$!!$@8
M*`@$$=,ZS[`@#R`!*R!/)(%'X+$&62`$+D`%`0``,N`!2K`"'18`40``0U$$
M2M`^0$&*U!``1(!U,D00Z)14%L8#8ODHEN$2]",Y")(13B29-O$6,,`%+50-
M,>(*)*`438%#YB,9I>J?KY%GFLAV7!53.G&J9%8M)`5`0.$`!2,7!10"CB-(
MI2`5^-,4&(`80:")JD`8]1`IJ.(#-E"LY])"G&,9\4@^C<-56T89)T`M&'!3
M/B$$CL89&@`9/-45_54S#$;_"U_Q:A5P?0@C!-*',)`BK\=Q0+.0%N9C0`^`
M3@#4)A>@;8@T'M;U`2508?N@`DSQ1)%S4K.@*7<@!4(0#9WR;0LJ;7Z$7=/`
M2$432!A:'N8F-#VC&)R"'A>@,TJ"C@^``G*2`V`0E!:`ESR@&^6723":#!9`
M`FP0!%`P.Q,P`2F`#\WC'"D``FJ``#,P!#30@9_@`180E"W((CE`E)JX#[^8
M(YIR;6*Q&-\&'S3C!VOP`];@:TZ5`AJ`$PNC`7=@)'_#`Q*P"O4`0R5@59EQ
M`=C(!`^`$ZF"`#Z``QL`!0:P@E$P`^SD`TK``R)`32DA'Q>P`#(P&K(B!#)T
M5`:A_X_'40)1$1[!6C4+6C6-Z3[NM)%0(4><4011=A%P)Q.](HDY$2,S)0LU
M\WJ!<16N)XM5XX<$$@N.0RD:I$(HT4*_*Q1,Y1C6(1;]\JU2L05O!Q:V<@V"
ML1.\JB=*X)Q<P!+I`@,_<!A`@2J)@':.T2S**@N(`2F8X0=^)&92E:Y>5@U2
MP28]MCAN8H2$T0'BZECV*P2I4!OX0Q52(0+)01$8P$@`N1OX8FZ@!02?034G
M,*6NL!]^&",_T`>_QSZ.H4GN8UM$Q`%K()`BT%M2$TF29)4:,+"9Y#.U8:'R
MYV48,`<'"P`KX`5SP!`+0$LY0([YX@H24`=6\'LW$`5&,/\#/O9)Z4E`5V`"
M<Q`'/$@%1K`!!;``\-4.4(N"/\L`GK,XM%8S_'>[`.:Q(@!M!_DJYT)ETC(6
M]5.,/6,"L^F$/;&?O[<%3&$-';!11#:U0?`$KL`$!``!5/"W,C`".V`#=?0`
M[B-F3@(9._"X1P5-(4`G^.!C12`!3T$@9TL+UW$=Y=<*G5(U3_<N1=`4)&`-
M,54MFGF-$Y0)*^$5CJ,8-Y4)KY&'7C&.,8467$`UC+LJ[@,5+6097V$00:`1
MUR$&G-(5OS!5P4(=Q2H9IJ(@8I:+4G$"1O7)<G%4@=%H8HLC9&S*CFBP>+8G
MPL8#N_$+Z8(_D',"B5`:+J%G.H#_#[?"/*+SI26AIGA!4IN'1QT`''Z@O!C0
M!RI@55;Z`HPDH<!0!-'3)RH@&5817.Z#>Q<A`220&SC"([.HB=`6&4MC'=T1
M--NF`GX`%XYD73&5'45"1HID`AF1(R70`T85`$A:`>%@2\-W`[^AP8J1`T_!
M"E:0!R#0IW!3!'JIAK'@`5'0`DV0`1#0!$5=`-IS2^W@`3^;`SG@7*[3&/LQ
M#==A6V+0,Y$$D-^V.4<E1QW0:]%&?K0122;P>F`P65/(!=\F`K)@`D(@`0P`
M/C\K'KZP!7ZP`!D``EUP!`,P!$7(`*XC3O3@!?*!`H]K'&]C.#X``&\=.M-J
M%;#@+YY)_PO@,0M<(!ELQXDV(@L]HBPX13X@\0&UFI11<5-0$;O/,E,(8GY9
M4@W7I)"+@1%V+:W,4$K*IG)5,Q4Y4J5Z)J:9H&=.,A8P<")7T,G4-$+]TD'1
MA"J]6`)29=>%=P>V01V6@5TY)@4:!1G%4JS#<A4[T1,=M!=\54RQZ6,XQ1%"
M@!H04P&-X14J0`*]<0W?>A'(87[%TC@V8A$J\'H0$X_Z$Q[ZD:73^`)K4`=%
MD;N+,2GX,PQ4S0;`8&Y3@R_CP0'.C'57H`)%`QS'`M(;+!^[86PGH`(_(``5
M<`4TP$`3D"@(8$O8\03:S0$!A#UPV@.,@MV'RSIGY@!XN0(-`/\!"M4%2;`!
M"[4#$2`'#2`#`;`#*-@10,#3/6(=@01M7.H+2V-MY<0X"UNJ'FNE,Y/5_L$$
M.1`Q5.P#'I!#A-T'K',+)>(%UL4&MY@"=J`'9K($0Z``<@0N??$JL@$#<R`#
MD;J#*X@H4E"B%U8!8/&PT2(5T3@I&@$M-1-`,K$*_:)G3(46ZT8^D$X7@ZUG
M-C`M_27.BS@I3RX,QU8S9.QF>/29'3`4T,$$2_3(5]`C7YUR&#"Q%T`7W_I3
M%T$D;'`C1=`*T3HSRNMF;^&<%0!'GYQ=5T!64)$@5?4KR=9C4,,+C;AYC(%9
M@QD"5@6M:Z0$(A%X>7&J$2Q9J5&$SJ/_!"]Z;,)=&0@L+22=`EYD80S4)V"P
M@_K8.+1@N,+@$O!2A?;2.*U]BU<@R(`DN8G@;2&S2%<Q&EB'0+;AOUBJL#>`
M`=LVD.%!`@_P!@$@L:2'`CO`3ROP`C!0?Y(A!)_``,>D!%Q07:=(9A[Q`Q?0
M$"M``VBP`W]0`$2]QS50<`.0`%4P!"BP3'0$CC@2;462(_X'&8)D`J!Q()=D
M?FZ6#6*QH55>&SK@`70RA5:0D@LS438@!3E`'!,0`@19D(J1`$9@U$,``$7H
M`:9+SAK@!6*``D2@`W2DXRV($+]#2^(#>3EBF[%=#:T`:%2BP'V&)/N*0#32
MB:AB$ZAR4<LM_XFOP#@X42I'="R0V'^47'XRLIY;P'_#K3^BD`)H$255(MWE
MI[.]L)OD#"4<HPK?.A+4I*ZQX,;F\LDO5`3:]3<7T2Q78*4:<"RO*Q(]5O;K
MVU\G\&HP,+FP9@.2*P1^&`0DP$!2H)GIK1KO:F$6)@5.=,%Q3PL$:!;4DFP^
MEAH8)056X!)6($,O$0W0P"ZG:KCP*006X;I-(3!/-%/&P6LV``@7&FL<'"H7
M(3H2.CI"2@Y%(1U>'1<==1T.#A@JG6(7'Q=U2A="`7H\)2DF"P$[2BLY&B(I
M%2)X2E8\`#T*-:EU'!TI)*J8=18K#SL5.P@X74E=3@LH55A8,50H*_]20#Q6
M.EX<A!PB;&SFY&M;(AP2/+$>/B07%R<E#A_E6QQL>(78E,!@3XF0$CPF_`C1
M9X4#*0]X./CRX`,7#.8P=.``8X2!&C.PE)&P`X".+3QTP&"S0T81"5\8K.CC
M0(@/"0^L5-!1AT2=.R>VV-NBL<,)/Q@M?L#P8<N'.G7$:+R8XH>-$R12^('!
ME80-+UYLI"A208@?&R3N7&(#0Q6,#ESN=`6JX0*,4$TOL+%GCX,&#G:#V*@3
MXDK:'S`N&!+106@'#>A$?$@!`T.)*Q]*7,!``H/&$UR:8K@BQ,OH$)Y!&;Q2
MYT<0+UD[7R#TX<./2W7R"0GF3Q0&+G4N>B7_$:3((R8E_'0@H4&ND"`ADNLH
MTD=*!2E%'#`1(L%'"1M7.KS`(.7.%@D50O@Y44<"$Q],I$AADCV("N,P3C"M
M+90@"<0Z]`&#7Z%4XH=7F3C@Q0]%3!=$'1A`YA<'=[S7!WP-WG2;61AL<8<0
MD["A`B$:"%6($A@Q@0("%J@4P@H6\,#`!%XH(8$$=2``P`-`H""!!SG,H<,#
M#G000@I7>`&4"@#,M$,/`"SP!@009-"%#!;8H24.&T`1``!`1-2'#G<`=(,7
M(:R1SCIY/9`#+Q9XP``,0FG@&@E>`&>.%WVDH`(;:P3Z@0U,Q)-"!SZL4$01
M8/!01`X/P,!.(2J8_Y-%$#A8`(`!%-`!@`1S!H'B"6BX%`(3-=4DQ*D/]-$'
M#T%TT(%R_6S6'(I;L*&?*%RQ]YL]1F$`G0UJW8$!)C"0``.2/W@1A`\Z:/6#
M$D&5V&LE'22;K%H7I+744G<MQ<86&OQ5QPE<!2'!95?\($1=]RAVQ06'?("N
M3RF@6`)0'6"0@E]"*4:"$EJ!1=`';_U$4+=^7)'87QPXQ86L*90@@5&`LC%:
M:IXI:X,2/_R`ZCBS77"6#Y;!<+&PTW%EDQ*G,C'='5DP(0$H0/"TQ25,O.?#
M33H,E*PX*81REU-`W<&&!CV%<,$61Z5C5P=WW%2'!AAXX=UM@@"J`AXEP/^&
M`7A"/"!$5C#P<*S&3#M0R!J5*K8&#%[4!4,1#.3D@Q(HU!'?F%=(`<`$`$A!
M00LE!3"!!RCDY%4*)UQRPF0K_-"'!PNLH``=5%"Q01(#!$"!'3+T``$:7S3Z
MP`,5]"$$$T'PT`-&?IF@PCD(]9&#!Q;TX+L'2I@`0PB+=%?"#YH`8<\'Z;"1
M6P45S%L!`U(((:,#8)#`!#GN%.+.#6N@4`$`4:`0!5F&P>"'%P@0$4(10D"B
MA!0^A."#1&#\4!L&=U@$X1U<L(=G=G81.AWE*,GJ@`W\<"`O4&9RNHH<"09V
M/-BTY0=7L($$3(,!,3Q%@!A8EOI&>`SV!.L$?Y'_C"".=0'@F*`.=$M!"CP#
M`X=U"&(KO(,-.O"#.Q2A#GH1REZ(XH42%$$S)1"59SYP!\5$C`,8$($#%-,7
M%6#@!QB(W,=8@P%TL($2H?D6U5*@0QU((02A88,(+%$"'TBA&*#H7UW6<((0
M8$<3$G"`#U)P@3%QX`=2J`0;EN*`(,CG9U+8EPU^\$`V9,4+@Z*$">N`C@^4
MZ&`=PL`:".*\$KSG"ET4P9],`+X.P.T#0H!:)T2`CPO<X`9^T<`)+I"%3IA`
MEG_Q01IRT*$3/*`'%?A"")0`!`VL@`$ZJ-P-K."#"7QA!S5XP`2Z<13J=$`%
M"-(+!Q1T`1[,80=`Z%T3_R#@A"6@8`@42,`&:-"%&7P!'#P`0A\J8`4PR*0(
M2UN'8K[0!P8`@'<``$"<Y!2"Z"BA$4"[WP\V$Q`N<`$V\V,`15[$``<,A`-<
M6$-3*K4%%9P`BB5``1@\`(`X:,(&8D&`'F00A#9&0A-VB6?UMC"Q$CT-7(*L
MS5[L!1VN@`Q)*0"+%ZX@0QMPQ5@3$XL19>B'%#`"3Y#@PB$PX`<@9I$$-!%"
MDI1UK"(<"D*T$X-3(B:UB&&&J!BY0W*6-J*`:*Q?&%!"MDCPF-G``"J3T\\'
M9$4<SQA%$.8HD60P(H)9W.-<$.J7'_I0#W,(8@M$Z64'2J,#']AD@3[((`QL
M(O^S#.[CA2*`&WM^H#WM""%?5@!%660%'.3%IPANI(D?>/`<TXC`6##@PEL\
MPP;=1D@QN8),4YAW@UN*H@YJ@EB@NL<!/`PC"'VYP,=>\$HHAD($(K@!'E1@
M`L"4(@K5ZP$,Y(J/$DS`!@\XE$!W1((G^(AN?7C!#W(@5<E4=C.ZZI!=E$""
M"2BA!A;XPAP0T(1I'.$/(W`!%LB``RQ,(`<\X,$#I."J!X#A"QZPI`HT`)`[
MU'-Q/4@&`$K"A`[T(1)"&,SK;D*3J\$+-!IP%@\D\(,;<'=N?ZF4#<SQM5LN
M#`]/&.3]K$!9'_1@"C*PXPITD`C-,(%'/)D*4XYUU_S_Y`J*,\R6#5951*SP
M,(E7"#,&R7@"+S#0@:]3A1^4\`A5V*0$?WH:0;;`E3I\(!*W,8H/A0`4S]0%
M:Y841+D&"<6)?8`#=?#";,1@"#6!PBA.@<$=ZK!#H>SL!$TD2"&6$H([<*0.
MEMZ"FOJQ!NRN00-G<4H6S<,!=.4%T4>S"%5M(`X'Y%$*^`C!4$/@"/M)X"QK
M>($A3/`"VQE%.VSVP0XYD`(@2$`2"VJC)N8'O7EBQP\_\(,&KA"1F[S%DK4Q
M`2&VNV%1;(&ZL%QC7430W37(;<,4ND,*T)(K%:CL!-KEB"6Y9SON[J6(&@!`
M'7+@`P_\P,Y"^((/&&"%N"9C_TP*G,`5/%"$`.S5#UNX0;>$X)<UY"8X!)F<
M!FP@``#L;@Q-R$`&H#`#*,@`"E'XPS$9(&$>^``(0*B`V@H[BRV$`P@K6,$$
M)I",>90Z4'2,W%(\60$?/"!-YE@C9TAP!0`4X0+L/K0@+E`"#:1E$)T0A@-@
M8`)Q<V"1!1>`0(+0DB!,IZ##]$8%>KB4.4\L6P<"HCM.4+'<R/LU80,*:8*`
MP1^4`&2/1&E3#7(DHMKHM$KXF1]Z(\"[UB5K,J1:6V9H27C9*Q1\24=A05$N
M,=A`,Q=@=*#4`9I0:"`Q&JG,"6;?@=I42DU,X9YH/.,7O93:'J.PP=."4RU9
MVT-7^?_Q3!:3E8(\ZL#6E%:/`_J0I^T<*`0?$(&H7VF[-7#!#\=K4++8((0Q
M`<41TM8C]*!WQAY*H8:NNXD#Y-*!=EUA"P/[0#U4\)0UE/U/C2%G;^-8>L%$
M#G`%DM`8=;!'7-!=3R1*W64[W35(5S!Y:N('$6`%4N!Z@B-0/-`!`04`8*`$
M@])#?E!B+Z`!8&`#E8*``V$"3#!#$0(U=Z`#`+`!:,`#&%8`1I`!!<`"0P`'
M4=`#0C<!8!`15@`$S!0">(!=4N`%3$!SS21TO#,!/3!%@W`I2K-A8V-1-G!S
MF#$;@!%#'_!_6",K)U`$7U``#U!5W`6!^.!BA)`%:X"!WW'_!PM``4'`'07E
M'O&$&AH@+H"!"<>224(A!AHP*UX`0W+!?#6"*H5T&<_7>,7Q%8V@'1E$`GK$
M!.`Q'3'H78*0+>E0&Q]P!?L"%T_!:"42'/90(D*A)NS047YQ#A_E/2\`B^;`
M#OZQ,Y=P`4[U*UXT2)QP95,F%J"0*Z)$(J#0&ZE!11"B&,HQ.4Z!?RD@!(JP
MA[_Q'--'&1UP`R\`:E^S27"#!\!2!RI0`A5@'$(`-E;0!R&`%4K01ML1'^O7
M=)=0`6-W8C!@!<UV!R%0`3U#%E9P!2]P!;4X+OZG,9BA`D!0`A^%76/3+Z01
M'5G4+T!P-H/T`;<86C;&!B:`!P#A_QD<UU%;8`(18`%70`J!6`2+\P`H8`.#
M,W1,@'5JPFBV\P0A8`%I$3U!L&W8)UPD<"078`$;@`(+``8E@`!4``$C0`<*
MT`.$0SA@``\29@56\`%@<0<`P`,YP``>`!$KX`$A%F(!U419L(\ED`7DR`9;
MT0'H6!T2<`+"8PED!S<=\`5-M09.Q60!L!%L8!X0\I%KH`2NDP)X4&R%Q4<[
M@`.%5!-%@'-`(`4+`S6Y0A0%"`I=1"Z;,7L7`1QJX4`68S,.X`?6:&OJ<A,$
MLQW=$0)49Q!,D&UG@P'OZ!=_&0([!'R8)A:3!EBWQ#1<4'KPDGIK=&@GP$JA
MH`[>TUR!DO]1PX=_)<`\?D`/QVD"@V47;O06'6`=A](4*=0)_J==)K`9H(!U
M&M,4B.83$,(%6`$#-1$$X]4_D2`!0H`=K@1%0&0LRP@8&O"<'/``%B,$]F*-
M:L,!I9@"]:,$[[%^0$`":]`!)D`0=9`%C)19(]<(YV@#[K`&`-$?G+04@:@R
MU%((B*`$GJ8#^C=IYA@"5E`"4H<!3\`\'@D0_'=+;LD!2@`#5G0#4!(=02`9
MDQ$"<N(`#T!S#_8#Y?*1W&<"3]`!`+99S*8!-MA0=R`73(,`U',"*P`%7;!R
M!$``"Y`#7>D!*Q`F.9%S,^(0,Z*#KK(X*````H(P#W`'A.`\)-#_5EO`9Z'@
M!<R4'AO61)#E!T;(CVZ1!1=P`,EA#GAP`[*D`B]P`;G@*J@Q(G@0/A104$)P
M1$S0*#K`%.0"1+WQ%ZG'%[9C4U,&:HP!`XN$*I<*,_4#+94%+5C%")(G%E61
M;<1B.QVR-)N!C(.X5R3`'J%@`AVEJQ.R=8+@#LOS125)",S5BE;T6!U2`N^C
M/DRF:TX5!)SJ+GNY())`$-C%J,5U`HBA`=VUJWK!-'5!H$RT&9[!=Y6U!D6`
M&?4S7E:`%IK$&!@G&C=Z;FXY,;SF`]!U`@9Y`"J0!:U1?YKP,]=Q'1W$!AV@
M?6QP!5GP`D`F/$Q`.]15;'.Z!80(65K7_T3S4B\UD@(A`"$^82Q8E0*$D05T
M%HB'IJ'A>0%XL(@AH`*/T5T?T`,[L`<7]E&Y=P<\4`/Z`#Z&L`Y?0[%/(&XF
MH`01H!"E.`%G$#"YX05<\0$^$%`><`(!D`%'<`14@`-4T`0L0`&^,P'?$$]]
M4$]@D"@S\@`*)W0GP*SIL)]Z`2AE5P@V%74S*Q\`.GL#$P+QM`)UH!5IT41J
M5`AX\)'4J5VG1@+,Y`#_8@\[0`27&@)!D`*.@HUYD:OCJ:N042Z>>GF%6!MB
M<5`ZL(=,U@@W(@2LRU\^4!-NM$`H=5#*`A=J5'N0@0X<H*B;`1Q-`16;`43C
MZ0\[!5D>Z762DO^N</,/&J!Z#UDI@+8%JF";7E`3O-8@T)5%W)@"KS$,**(.
MX+E=&B%NVL<46S=G?'$5-J`1*:!'M><`/_!\;T$"T=(LQX(6F"`609`7%G4'
M5_`L@=0!9F0>#?I\[F)&37<=S^8\#[M)?J`"^49*Y!"CG:"6U!F(Y[*K@$$4
MA54(4+,JV68R=`5)J&$"Z7`#>T6.L_&1:^0.)0!G=>`']O**?H`&.N(!_9"H
M6?`$&'!+'@DWI78#3U!<WJAQI!9"G$$#"]`.=')F=0,`,``$"_`!4C`%$-`%
M5``%($`E5``"<;`#"_`-2=@'JY,0.3`!\6`%#$!)@U8N6Y>[9D<4_>+_K"K@
M!V:T+S$,'0HW`0^@!(,1(=AE.Q3217UQF*]DQ\3#`U(0!`C`4FP&/_[I`#90
M&Z(`>HG817MQKDS$/*([9;+2%@[`"(T0!/31'<910:N"H)`;&R0`L'A2-*W(
M!HP6RPP,%YX!<ATB1!F9%XCE0%=S`3]0=M@%&1B18Z'E#EB#?P:Q%<^G55M0
M`<])-4`T2#^A6XI6:G:;N&57=F(P+B%$+AT2"A%2"/)V+`C(!'O%0T!`&=@9
M0GAA%P556<2A"A9%-SLQ17Y@!4Q`@HYZ@/9C:_(Q)DS@!='2#X<0;"^0L=QE
M",757'B0R9]@+V^1<8CH?W.:&37A![XH"HU!_RY$FUU/T1L0R`YX4$<$D1RH
M>DV`\@$>$``ST#5_T5T$,2*VQ&ZU1$DO]`/Z<0+C`J@[(`3H$#FC$31>$`LY
MD&TIL`,%L`00T,4;<,5-T`1I,`1?H`L\T`<XY[9?X$PAD`,50$71%8C^\#8W
M$-'LP1=#<0>V)JU<&2#0$@+UC`Z$L+P"4:?8I4;:I5TBX`7=P01DD&2/\+J^
MZ,>_BKNNUS]/(P@^9F=#01!99$1>80.AC"JOJP,]@QP,8E'0T7R"8525`0.<
MZ!7]$Q",9A&%T,V6`"%[T2^>ZA28`%<"^[H%9:3YH0Z5DLGI`#?LIKL:D9)R
MY0-VW!E>T!\7H1BN]_\;V;>XWC@B6?!*VQ4Q@\L%PC"<P:E;^A&/K_$6B0`7
MLI(M&6H"7L!9]9,"8\)81X$>8Q?%0&`"U4AAI\4%NJ9^KI(+*S$B6',[3]#<
MI.21Q'8[97<"MU,B#-P_)IR+`&$RT/)0M$:@450!+R!*A1">NXM=AI"X*/1\
M=/8##EL9TK6[PM:-N1LWB@%+W%4IA^D/+S!98;A)Y/H$1*(!0!`Q8P,#/Z``
M/.`$3>`#1:`I2HD$$'`$&^`$6`P!3;``0Z`#C8+56"U-0:<#6'?:3V-3Q[HT
M=6#"YD')Y`)9F611UJ@#$J$#;$!&R0THX`/,'X`+0O`"M\-=Q062+Y1988#_
M`^_3!S%X!X#TJ]7R-*/(%/!2(D^A+*JF$=SJ!^]CV0VB`\B31Q)@`WL8'24`
M>7>@+&HA*WW25!M!FW/+%*;V"6^A&*O&'J!!-0$D%"70`4&@+@^3M-0I2G\F
M-^0P"X0PI5O@!V,7'I;E/&#1+R1@#J'`L6QU:G-=P13[D7B@?R'P`U"##L!E
M#F^A0]):`F02YHG5,`LD&W`75)N1<SK`X`^1,U_D`UE@`U(`T#I`5*BZ'7T`
M!J3>75]S`\C%T%D`@>16MP$16G\A*Y3D1.VN,3"C%NN3?4MACHE;"+N+J`0/
MDKD2E%E451ZB&73$`4\PZ^1@+']B+UV$-?<@%(PZ_QMX\!O4>0$O(&E,<!<\
MM(),Y`4ZQ](`P`(LP`M@P`U-X.-&L*5=<`1)D`$@<`8ZQR,5@',Z]V!`9)Y1
M3KS-<VA]:HC]0)P0$F//4AFC4`>W56_:5USM"P3LX0<B\`)9<$M9_W_;C`)0
MX`,[L2_C90-<($3P$EBA,$1U$0IQD1:R@E)>87CB\&QN]SZ%M.A,0%3@\1UI
MH2V2=C=DE!7%B9SJ"C>WTVJ!9@EHB**L]321[G;WYPXCPJSBIA@C8FH)N71[
M=38VL`5\1!P'L11\1'JO)FSID+AKA$V:E+BR=!O#]!?H0!1<0$;RUB!YUA:<
MX<<W"A;#<R@W^K^+'`2>=O\%T^<#6#3K!.%LBE`]ID@\T,*/B"DWI`3RJ@Z2
M3T!N>FMCB+]&V<+36]"$C#J<C9%%AU8N3X$1X3@;L,0!PJ8!WGDLNU$(G,$9
MBS@@H@8*W;6;O@$(%VP8%UL?A1<<6VLBA6L<'VPP,"D='5LG7!=U'5X,2AQ7
M*39%"Q8K'@\+5$E-1QE=1TU($!D+/@\\0+L55CD5&EML(FS%%QH<R1QL'!=K
M)UL7&(9;*A];6Q@?=9QU,'@<'5P:%^4:)AH?7A5,/B'.'&LF*HPB'2G8628H
M0U8^/'4PV/B1`L8)0FS(,;MPR!`&<AB6=2AAH\.=$Q;O^/&C0XD#'25T.'!0
M(H3_!!@22E!2<L4/#!(D_'CQ0\)B09@D+H@0(8:#AH<BYG'8B4Q,(0Q<3F3B
MT@$C!PQW3/H8]6'-&A4J.*@@ELC$#7K)+M@8JZ/.ASLDKMQQT$&)MCL?=*0@
M$8U<.0Y/EK'!@PY#AQ`.2+`Q,>@#EQ0Z'B*K\T.)ETDAA/P@<>)*G60V1+6\
M<N*'#1-*0BCQ0;I/B1L_=/BH$$01%RYX_$B1\".$CYDI?$C9;>4&7Q$<>@Y>
MDR7+5PTJG@B5=Z-Y<SQX;FR!T2'2!^!6GV(X40Y&'0W`/RB-*&_-A7DF7B@3
M<8-#B3HJ+OCY<;;$APX8[&&HL\@O?O'3?'"=-!],TX$&_VQ\<(XT=]01DV+E
MW-7(7%O448004EC00Q\`3.`#`$X@T045$#0Q!`1()%%&#U;PP$,??0#Q0`7O
M-3*4!N0@N%,CQ'"`QQ-9L!'0%NCHQ(8E&&#@!Q<JF+!),\<D\E,*%=BF!'?-
MO7##//']4$0?)[Q@`0[M6%&A2%Y0QL4'8N0HA@@X:F.6,,=\X$>#`26%4Q%2
M6*E#$3Y<(80#*83`!$$VC)*H%RFDD.86=UP!DQ\VP/#!,D,EU-,:;"12YPG<
M9)*086<EY4<0#O@0!&`P:)75#<#%XQ,')IB7*!-,K!H-!V3)Q@%:=800PC07
MB&%"-A=D49<)A,5C`A=,"$'(!?\EG/`4#,6T>44)=TP4A!+=7%'("T(4L>HH
M)3CP@P^J2;`;:3`H(06@$EPR"3,2^"&$2:R5H(0$NO5Q!1LJX,'I,+3*8T+"
M6[+'1GDFB/`"'EK>L-VNB2C3G@9UF%#''1%RP8D7$?6(%;,O9*55>T'T=8=]
M/W3`S27W"7:"8.G4D8F`GFZ'$3D%5H7-D2\EB6S&&C05#1NW<:`#"CU8X,$"
M"XR1!!)-=`&!$2`DD<0&*$S@HBXQ"O$3,T1%2(Y5FSAY0Q8O//',=\2PQP6V
M`C4)#@8J;'FD@!C`((0?\4#7J<*=;J%>">Z40<&W(7CS`[<GO%2'&)TB8QX;
MV)!ZP4O_=WC1P2`G;,-43!T)(9($?Q:AKA*YSF2#%X(VZJ@-4(&4PATP$*+,
M4+5V*@V"B=A0$W?,^+2=R'XX`$,(W`KA0S(JL`$KG!^H=Y4&+Y%01`?-&W*!
M#EZ40-`:5_Q`\`4JD(.I(/$P5.!!)?N5P@<PP'5!!WE-`^F=SQ-"$##"&#Q<
MX`9%",&?,&`H'>B@'3YP%VD<H$#;]*$"0K!!8#[P`*B<`'924`();%,!'_0A
M!(-I5O7B\8$?F2`+RH&5(+*0%:MXI3DB"%R4D($,K"AC"TUY"`>X8S1:T4,#
MC"@8@@;S!./A"'W[\<''+&&(.OA!!"D@3`<N<+_.'4,;9SD$_P?BY21HB.`E
MU.$`-RX`EVTDR2(G4*`.3*`#"^S``J>80!6N!@&ML:`)2\!:"20@@0=8(49`
MN((P<+25KWR.&?&I@PC6<`,@4=($)+@4&]JT!FU@@QZ/8!]P,-&MP-UC"\ZQ
M&"-N<!5:04('$BB#%E)`""]X(0@-0LH)[C`-0@!G(=(PBS<>0RSQ;"$IW8)!
M$8HPR'51,`52\$)4BC`)2J%*"2D@R&.$1)-,"!%3"?')=921B/N(XQ#EP$@E
M1E@283&!4!%9A@\AL0415.,./Z`.%_S`A$IX80M"N();2)`.<$4C*^J`A@T2
MD2"C>)(3*>`/0Z"2#3\<@`D2$!`)YO^BA"#8@",=*((?A+&&#I!`"6R,5A!4
MXP,A2$!Z)9@-8';3ISLDBB5/<*!(.A($W4B!-"%(QB.2LZ-XO"!N3WA!#OEF
M%4CB01]-6E,YF+%)#BA5*W#B1I*@M`7,E><0>$C:,(:*!R&PZ7-;G,C^X$*(
M@G!A,)2`W@76I*!E;,(/YCA()[/!@9BX1#QUB!`8=78SBUS#*RHH5!!J$@$^
M9F!K$$C"$HX0!AV`P0JS@5$(3C",Y#B@"+A[&`=$=X[T'!4/6U%08#,&I4ER
M"CFP`B()\D<9!7D%;KY!!\$,-HP7F&`'6F#"()2$+*2((QO5Z=NL(*&-OD:4
M/SA:BE(JYX#_?I9`"$KX@0,XH@,_I&MVCM+,1EOB!QS=)TF^*\90O/.P;#&D
M=/NI`S+%8XF/V0"(R_Q!$.@C5-0JXA$:.`P30C"*%"A!!]RI5DQ0^@'[D""P
MES*!@!+E@V-LX1S:$$3@[E`0[H`,/"K(`@E8\X/.C-!1)8@6$V"`C6PX"08Z
M$$)(?GI@"0P8J"F67@@;E:3&5,#&UW4@:2K``Z5<(AY;T8J$*?F$)K]@#0[E
M3PI=6"ML(%&H#[M*DZJWGVTL@UGS.(96P),,]VUAM.2(C_Q^0`BTW`<&\CC!
M$QHL!"$4(QL7#@H72'"':/0N*]H0P2[1XIUH%&L_^Q%'Y9IBJ4UX__FIE;2"
M*ZBP@0Q`H0`H0L(8)C`&`."J#U8(#0=NH($*5$`)HS/!3)+DFZ^8X`E-&L0F
M<(0@`>V$4^S;"D-TQCM!$&E+;SLJ5HU!'!6@@$R4@8DV.%<7X]YA,,(#XIK6
M@.?F_B1)=Q#9":H[0!_`@"`P&.05KC`21AF/=C2)"74$(;Q#)$2]$\&`4<R[
M:X@P!2XZL\1$+,$$&WQKBW1IY4Z6L042="1TSVLG>VC9`8]^(`3,`@=<LO&!
MW;7J)Q?`0S2L<^9"D`P#"0F*"/`PD1#\!`;.*P$)5!<"&'CA!S\0Q74IF*H(
M_@!@`(LF%_;U4E%(P:Q*>$#/F5`"+[3#U/]5JIXFJK>0>'1`*TU.ZC!(70BO
M:,DX:T@'P9A%*V>\C5G`(1`)D@&<B/&,'-7`"_LJ]`/IN/D*^4N($*"1S4)H
MX`:6X-:N#;T,+N#[/M_91J?RAT81?(`>%P#5?D"%$3@6R"+YBS@;GJ`$_/EA
M"!D`@1V0@`00+*`&0_@"$Z10@3[PP`>-8%P'L)(0OGS@"<UYF&^"8NCA+2,8
MC&C&52(6#/SY\L)@UM(+$M+[P,X#!2S@UD6D\1!L"*(;7'!(A'9%PQPB*#B[
M+$2!,%#G$N-R(R0(21`<19./;K0BLR6\F#6@E#,G#TX%02?&[$*.78**$WKJ
M@#*YEP+.UJ$>6&'_,,D0+_M3/M`3&@GR`XFG!"6``:=A'C#0"-A`"2=@`W<0
M#`_!#(`3"2QT(S5424W&-Q]P!3H0`A>Q4NJR3'7F`(/R63_E`^9"&J11>74V
M&A5G2R$D0E9P72'0&"Q50O&D#80A#-6A#7@P><PB;^919GQ!,5I"',U`=DD4
M'<^Q,$9R*6=V'0BR0D)"0[`'"2E`#G7P+=+`1N5P('7@&'<0!)<B""C%!BG0
M#+UW$$%4(=<@($D#$[QS*>&A`MJP>+ND?\F4/VBQ>K[5"`H2#1CP`"L@!`CP
M`P<P`&A@!#B@`.YB:A/P`%?`!$#``*=A=3?P`M>A`C#`2LS2'&,DAR;0_V<Z
M`1Y\TR1#I0%I4BQS)0)]<W6P=GTNI@(6D``JYP.7@`S*<PWDT`C3@B,5<A`2
M`R?$(T[85ATD4!&34"G)!DN/`7ZB4!&<0$1T@2/=D@['P`P'`W>%4!?(@!\)
M\3%FL0V">`]<4"OI@QST,'([4B`<%AC"DBXO4P=L4!D:D`(J<0<F8#`XPD;/
M=0<EZ#]XT"9=%Q!'44X,\S9-MC#5T2V/P108<$MU5@0/E"J$]%*IDAI;9&!P
MQP1WD`PEP$P1I`/[A7+1X@!2`"/P\10==PS"I!.-D''-L!.!M0;1%Q%``@[M
M0U6#84#-H3)WL3W%0%CE0`A(\6I/(`T&=T!/4?^!^D=ULW4!K2$$!T0/.K,-
M#M`IB4:-KX&'=.(@=Y"6(/<K\9`.F5`Y?-8MA#8)^3,Z@F5>?L$%0HA:-V`&
M62`";6`"&B0C7[`"I0<&```]&M!R>.``/U8")=!_?;,E245M'<-0YA$4\S!)
MB@`5&"`/2S29%.,<2344';`#+.`'A)0C@E`@YJ`0!6EHUR`&7[%"Y1`02;(&
MW0`JW2--,'$%[M)R?+91?F`15"0EY>!\Q0!R1%D.O%,HV"(@2O%%\K4-2G$I
MVT$K7J$!#G`']&`"V==)&+$O_@([<R$$7C`WQ^`'$>%?"1%KK2@I.XD.UZ`,
M"8(4BW`/R@`D$T,8\T#_`MWI:]P3&1Q97>T`,(<B`?NE;RI1<#DQ#U90@E1B
M$DJ`%BE09XKD)'ZQ+\&P<8O@C)^I`N*C`9C#7!$A1O.6=5H!<F#6",DC#4_F
M:!B03TWA!:*U!47@@`ZP)=[@;SIP'AK@$O(S.T\0'7T%)XG2E$.D!/G#%)8B
MB\AA4KQC$'&B2T!T$963EDT!$R]A4O@!1"<`--J`),^&6G!C#3B2,H=X0U^1
M#-&P!D=E'EP@&B5P!?*`6P?@2)(T2>SS:H<X"`$!,N7P"&-U6Z%H'*.&!RA`
M`2I'`DAQFPZI%\N`.?0G"+:8,<5@&+OT$Y:@EWXQG&DR$*11!%-*`C,A,]1P
M_PC$"!S5(P8@]TN<LQ^5`I!7$`2/01&'8&29D&W(I64+$TX25AM-40AWL"^B
M`3N!0QU)@D[[$88F0#A(E&0VDA494XYEB"!#PBD?L#!;\%25B0R$<1\*<ILE
ML4P&2DCL8AND(00PL5`84`&3%!^#5`)B*4#<@!@VX",)<0(7ND,E(T[2QC$Z
MHPU`PWP1,E?<@"/6\T2-0*B0PCY7R(XSPV(W8"';81!)-0T'@2WIH*S[<05)
MY5OYD0U"P!7EQ$M)PF*<,U9HI*P](0WBL!URR3OB,!%T21.]DVB(YA^@XGQ6
MUTG5P1"W]TOI@`W[@1>A>``TI)LV($(DH%W5HG4CQ_\I*%,Q^L"!V^$[K3(4
MDUDQU6,"/2`#A<@Y=2(R[$,./8$IR7`(::.VUKE%PZ48D?(Q,&%+*2`!I(H1
M-^.HY?"VXA$A"X.,L&H7=0!W&E0$3QM02:%O;VD6@;,56[8&?"&B?D"G_+%R
M">0H]S-;)Q`K/L$Q*>`,U`(GS<`,A`":OH9HQ%.,PY!"A*`"+Y"G>!`4%WL0
M#`%$0>`Z#P1+!ZI`$.0#*N$`&E""M,(&(Y828/@`WO$75](5%W8"0=`!;:)U
MS3`-.:27W%"=7H0!8?@0V[`-@ZH>VUH,G`(EFVD>07.=!0(>,;8%B0(#*2.+
M10!W"8$6?L>]&G!4?B,_7@#_:(?`#<2(.PQ!C_K'N=-@HJ7#"6E)LR?@!<Z#
M$R2@EYAP$-S`%#(C,J,3%.;A%T`D"(4@APPA#5B22B&;0_JU*MAU12H0$*[U
M*GQA587!8MUB"(NE$Y2$%6_3/B2P`%H``S[0G>FU'V?&0XP@C"93OGJ!',9E
M%KUW892!$=0Q"1,A$C%K$)Z*?R`WK@CR"$^!#,E3DT&0</>PH-,%P$=Q2XQ0
M'MI)#P"I06KA!?O"3,)R']/5(Y"P14\!&%0%1DDIAX81?1+,D,<@N1,!,M$!
M'6$U$0]6,_'2@K!D8[#T)Q_94B[U0$RP/POE!0Y$2X)RC8_1(-0#'`Y"5870
M*:""_PR((#_^(SXF11@$(C,<LP;]D[9D9XOQH*W@ZS-ZJ0(D>`.GT@&4%%CE
M8Q_28!!^0$MW$+)7,;M;Y:KX<3-.<A8PL#_G`6M[6Q/:X*J/-S.!.%T/1'@P
M<0E@VGAHD9:3$(J#@%REPQW8$%C:<0AKDE1%RBPP9$">Q&$*=`%*A1#R,&KZ
MX!6U8HL1P3'549P'4BO085HF@`$[8``=G!#F``EFX2/LAC;LH1=3I8N88`G3
M[*'84#G4@18V$`+IAQ'UI#.O8;O!H+`<4!P:)PPO.PWI`'>%8C1UMWC-]Q,(
MEA\#:8L#B7A>$`)I@DTA<"&D(`4(9A$A8(M%;(;[(08=A_\!3H(CR?`"?;M:
M,M,I8F`-#_./<W$!49D%T9%U4K`JRR0L@#$2+$5T/V=C$<02(]$'EWP"/WQJ
M8:("W;+0*:`63>I+S=`'X!%V&!#!6C7$7Y2(#Y$DIT$P&$&*EO(!H<B/@\&J
MCV!/S?`:(B-?VW@!)"`%DU`H(=;2@V`\@=4@\3((<)I4?)$R7U0A$<$)(HH_
M"R,"1>H;#O(2]'.??A%?EM!X,(#4LP43I5-_BVL1Z1<3.[$=\M5X9G&P.[L)
ME>1;6M)D7U$A3&&V,ZH$VDVO`^=;QM$WDAN*D+NX0V,M5_$VC/`"/<`'&5<Z
M<MA[LM:J938,0',-O10ACY<_#E'_(4WI$OEC?FY&Q\+DSDD6#):*>`Q158&S
M)C!P!3,A!1'<L]4Q/P4B40^GG5P2<6^4#4JA+T+P;:%;(3#!%SAB%"60J)AB
MX.?!2LQU7Y'`?&>V0O`ABV+&*_.\!HE1@G56+B/A.J1!2/_B0``38]4%4QUP
M!:N1G@0S1B6P%8U07^*@$R:`(;FV,'4`C*%",+;(,3+-;EX`',9X'C4A#5@!
M%"S>)$/1V@>AE]6AES?P4S8@!6Q&FXJS!NK`2S%S-^OV`G`S?*<5PM_1)$%@
M'-*A=E$7-X'#9^C5$(G7%$IQ$181Y]LU"1=AA=EF?PL,1]HA#H3U&@$Q/\M:
M((JS)82N_R4:"NF+RQ_\6#GS(`_"UQP#>4-\40CRI31-43CHT"0H,``F-<U0
MT@S4JN7)()9;\1"%0(=&$26?TY3[QCDV=2<QD2:4X9;3U2"6ZJ8%,NR)L!^%
MD$.4$3II4L@'T3?&Z$;3P"P%(@\%LPS+3!U;P)[<ZSW16P0BM!V24NR"R@62
M.Y#V*0U+V$G?V)2=HDFAT`$[D0@BP$OBLA,VP`0G(`44Q.,]WBX1-"B`@E$D
MJ!H5X.`C5"5!<0P4.WD0F!.54Q6.60'UX!/:S6('\29EYA"?FS0BVCD;?+H2
MAC:@E!6U=H<;UTOWP3@`Z19AR@$I$)6-TCLY&U'U%#>A^"/*`?^Q:38^?$YM
M6<!^296G%0L3\I44/E_KBM9XC*-RW5(Y9^IL)C5;#;(-6MIX;QE$(@-&N>E;
MR0$D0#+PC?N'0DQV8$:%S?'/`TDQ5KZ.`VKS\W`#%J`%C\'%]BE45Y'&RJ!4
MULJ.'\P3Z6`82ET"E^`%$N"TT=@['HQHD,1ZR[!]`F(88BHEAZ!_E-,!)<8)
M@Z'S]&/#DQ2M*K,33F)H@RT$Q;HM<K$?=Y,?\I$3VW`R"Q,6MYL3"#4MMPO1
MT0",Z+`(X?<7!-49(M`.,99`KK-,![KY)/$1<D'OI"&L5]X!_+Z42/2AHZ42
MR`0#IA8$3S`(.3%^7B!1\4#?%8U.D<#_8LL@@1(%"!H<'#<F>":(%Q=;&!AU
M'Q\7&!=L=2D_/B0A/S8G,!Q7)297'5QW)'X7=8]L:UE9>"HO3R\J)C<J'()U
M)UDW+R(O+S=93[0O)W<P'8XG&!_-=1UW)]5W=2$^,,H=W2(W-R(87!TG)#!^
MU%NJU=W5)UR\)ZN-JW6_L2]9+R9L%QILH'$9Y$_1A6V/+G!0\4M$!S80@X%#
MQ.'#(`U;'-S1H$$$'A$F++"P4>?)&HAK.%`R(4*$H(4W,'!@*>+"ART:;OX#
M*>+DM'%*E-S9\L.!$ALPDF+HMT;%/T%K;IE86/%#MTD<V!3REU6A0PS58"CI
M`*/.!:DF)"E<_^.QGP85:YK&3:OAPAT'(6Q@<.#E1Q$2SL"R47'.R[,/A@JI
M8)/U@S\80>HZX[!.T4PV)THX8&G"HI<@?D(D59+BB0\I3(H4":&ZB`,)$GQ(
M^*&C1(4B-ARD<."CP@<')8K`>+$&9V,V_7#&_>#'3SDI%82D.%S*RYV:NL1=
M6#-I#;L/R]A<Q][H&8:.A-;P.V1PBV,Q+CF($!.B_O0KAN]P+_*!\(<Z,)0`
M31!>_&,"+;C@\00X3QP`"QX<G*`!/SV9<``MQBS8S1TV@?4(!AW4,4XUY"3#
M1"9WW)$.!GC\0ADY[B35P4FJQ'-"-\R(*`\7CM3!@3"Y3&6"4X*8</_2("+(
MIPL''7S`!8DG_'/'!R+8PH8&O]S`UA9<K)230F=IA0(6J:1TI9)"FCE3.$;&
MPM$_D;"!'247G+#%-$G=D4***;9CD`88H)02!W&E5%<C61$:E4(?!?3!22I`
M0Q9@',2B0BPJR22?+&DMU%-3-W3@10A".*##%7=(Y\>-3JW#$G@_B+@%'KZD
M!1%`'(!U)S)UU$0)8ZH$D<*0:X"3%6E!?$""!.?(Q@1>0M17J@_42O%#"3I(
MD$*T)5`;@D;"WJ#(5!?<,(@D,MF"!XA;V""%#W=@P%UY).!D`D>$'D(A6!B(
M8(,(;&#PA$=9L,'(*KE$I=60OBKBWA;KK*'_00HZ[&8""59Q\0D&/H3R`U@D
M,--!"3"<]6"+"S+T"G$F:'Q@DDT5D^$P=W3CE9,8;%%'/%P\^4X*/@3ASC1;
MV/*"2C?6C",&YM93CCL2-G+5DX%.U5*EYNXD3"P,2_S!/%178X]9A]PRDSYX
M`!J)(.`$B@<7C(GT24\N5=F4"HL-,A.$F*J0Y"*,<631(J6XAXX[&OL!@R<0
M<X031W43:J1\QOTS2+$+/8&'>"54Z=24JLA)$]Z17"`&8\*\8"DBZHEP@@U7
ML*8#7R'X<84-%P"<Y)`WV$#"E(B938*2E.5<@@U"FK`%DC>-RA@B%T<H[`\D
M*"&!'SI0*\%J]9'*_YL44D@0@FU,I,"$'TQ($+X4&G@19)*-^"W"X$?7`5$'
M-C"1/B59S(]90ES1FWS2(HDM>((+D2!.3W+F#!\A)R":PX/$5"*&$T`B$HS0
M0:E(H(H2C.,"*E!"'4APA0MV0&?,H-(L^*$>?MS@"?LP`0:<X@N`5$D8!Z"5
M,3P!&,8,HA$&#%$Y;D0."92O9DF)$O36T(VDU"%%,"C:(IJ1M,#<J!SFP8`8
M5*(>EOC#(E%Y`B+*!I=%E&B(-P(;$/=6B*D\8R5<F^%4\+`#+6`%;ZUHT:6,
MU)(U?,00L2B42@(G"<K@#!*,\`-@1/1&E0#$,DG:W1AY=Q%<J:0?M\!#G?^"
M<AY_Y$PF?M1;I&S$#$K\(I.Q,-@68'`%)42K"$$@00F$4`0A7$$1C`F')QL1
M%5A4"0\0XH#//E4(RD',"R4(PL"&]($@E"`%(2#%%4H5@A.%8#?.#$(00J"#
M$S$A!$IP`!.N4(039,\'V3"*4;;11.#ESA"$HD99LN&#(M@D"VO9P@U:H9[-
M[>12DH"$,DZPD"PT,&2/T,!4CO:-6Z0D%WY;1UTT8`,=%($)=0E"ASA0`F8H
M0Q+/#!$DL+01A0(32#`\&@9(``YS78X?,'R%"FZTC-+5Q1[SP%$I.*:$Q6T#
M8Y3(%!*7<0(AU*LFC!A1G\#2LVI,HA$7.(0>KT3_"14LZ!#%4!VF%+$*>#RI
M%/'04<YPT@H"9@5Z+"'$D%`P`&C(:1"7PH4M<C&((9E`=4:RQ1JV"+!%`,H9
M@F`,!F!``@Q0PS*VTH`8`JN+8OG-4DE"$J$NE;!80`,;J_*C)R47*#D!:AK*
M@,&_@(D(-H0F"#\XP4DT`)DB<"$%F@D"#&X2B8FHQ'X>P6M#("(-K\CGK:N`
M00J<^9&XW.%:/]@$"52C`QAX(07"/%7UDME-'S@@"%<(6A"40$_-5*"5IV*6
MB&04(EV890WG,`?X?/`#+K9B=VSH'R[.!!(50$P2R]A.%CC`P2O,`XR$"";7
M)-@/U0'D8+4,00?F]X.!_W+@!Y+P@@A6.3X.8>8%7N"@1<"AH`.I[@(=F$D6
MR#636Z04G^18W"0,XE2?36,:YDS'$_.+DSJ10QE(%$(4N\*(GG7#1CMSA'OJ
M8%<.FXEM6<KJ@A@&$9WIB![V*`\TRI,S1;P%F"W"0RW6@`(#G&F+C#D$+O+Z
MJ5G4:B&+46A6Q$")__3K;Y*(US9L\LA;"<(BD?@(WOS&%OF\X"5)T@HPB"6N
M7&P!.<99@Q\PTI-UU2Q>=ZA45CB"#?'I61::Z,!!0J"L2=0%$8NI,1LD>(,6
M'0TC:FE*3V8"(N$&00<=P(5QDP4#T<#@H@Y81YI_A[\?!$&<S_)U;1QPA0H8
ML?_84C!!]W10GAN=(SR/@,986",!'4103K8([-4F'=DO/6D5I7Z"!`($%ILD
MB2$J$(0QH"<(?$;(#Y9P0"TEY(,2W$$)>'"`8[90P@ND`QH].0@'!TH+'18"
M#SHSQ(BCBH\7WE4%TIB&B)2'2"=Y-1E$M8'-D@*#L4;\%#Y-034^("Y'_`='
M7NVJ3$`HQEG00CY5%8:Y7GB,0W0EH.[IT;>E[*$G0<)R6VOI+[HLGYK(:3#$
M0(O5E`[(7!G"%C4Q.4!6_(QUE(<28+YLNCRRD$/`C%#AX,`6+9-N0PR#O^M`
MS@W$8`)>4$*Q%8$Q@&!@U358A%!>*$EB7L"&XT&B&P[_2`C6AD2Y^I9M2`;[
MS^X&R*0.R-*H6XA*';R#NRV4X'<ZJ`^63.",'P2D`\D5IP1T[`,=Z$`)O;&"
M%TR?`N:0@`DR"@L[.?2U$!4A=KW1P(BS$FC'T"VRVZE)3@SK'!$8`WV9N0G$
M!O@+#;3HX/)I$4>4\$S5!$$(LQ30,^N0815L!!)FZ5*Z<V5:7\.`%K88,3^H
M-),GI!L8#'%X%LK!C3<*Y#QWRNE7>4$/-OR.MAP0<7B2(CUC$051'LO`([P0
M(IV$'#)S(=[Q#RN$""YW"RYR$>4!,536(V:!0>715%QP:.KA"\)@`0;`%HL1
M"6P72`R""PK5)K\0%;G@$8FG_Q8V81#\5W531F6$A5IU@$(BH@C=4#2"@%@2
MXQY7TQ)*`$9X<P`W<`??Y$`VP2/F84&-@"EUL3Q"IR4@,F4EP@4DX`57$`21
M!V*B<TJ351&"@$>Y`V(U8P.N5&(,P1'V-@X=X!I"\`-^=`6SL0@R)`1"D"U2
M8`/8DAJ\P007H`12T#TV$!V\`"(C$R+)D`SQ(DNO44]W`!<<8&']L#?G$E3_
M4(7P$"@E(`$I8A:=V!3`E`5S80@NP1@!PUW<Y0!&@0<?X`/^9EU%X&3.(0EU
M(`@OT20D8`-`X'\4:&KI=A;1QT0W<2DC!A*D-`_FP2,W`2+2>$4A\B0:4U@_
M]PXY!?]%(6(9'2(U8$6%@;(%8I`%%Y(A]S()?.1RZAA7%%%71:<2BZ`(I8./
MY1%DY;"`%K0=FM-E,@@H$9-7X#`,YM(49C=F3'$OXE`95S(0DM`EC/`P5/@?
MRL`)@5$=\7(C7M`-C-0E:7$3@Q`)P;$%\-,1_N=,DW,!I/2#.[,*VR%!GM)&
MQ`)Q)@</,*`QNW%[DV`GH_8*K*@FHZ9E(-1VB],!L?,#"=0RVU`"J7`"%*,#
MV.4OK/<6%P!-I=)-^6.($N``0K`%UM4QP2$!G]1$&C<.-V8*D'$B%0`#'9$+
MOV@Z6\02;'$E5)54DT`6L$5+_C8NB_$-810774=5=M$!M$C_BT+@`XSQ`R%B
M`T)@'0F1.P'3"`)5!TP@#8#(([9@8B]@97"A90%8"+B@.J7F"-\V$_8%58T`
M#XQ$%BNEC81U'I&P"E]%4S4%$'4Q13=V(XPT&*WP`@>@#\:0A4@G1F,6%>KQ
M(X."-TIB$/]`)SBQ#CJB@-*01H_@'FRP`R>8%5_D&$]7:BW%%FVB.7/U=NC(
M"#H!#1)3%^`W<K4)%OWH!?/00/OX"(\((B3`00]S7P$5.*43.X^B9XR@"O2@
MED$H5;RC&"YQ`P?S5([G!RFP7"+DDK\HGB4P>6)7'!)A)2E`$J>@`X55,FJQ
M!1]I"=RT&O86B,#!`5[@!]SE&M\4_P2E=U&ZR!O=A`%^0"T:\"0I(D3O`"->
M$$X6=5U70`ATM20/!3`J`7#HLC.$Z`=%`$UUX$&C!C#(08%1H2^W0EA%Y1JF
MX@/B(`$7`)8.H`%/U!8&@T"T^0$9>@?8`EN%@$,YY"M&P@^J"4B^4`@>4@YT
M8HXW`61JR05_<44E(T,3Z8TR0HWKT*@Q.415QG9GTR#&L%_KT'X78B0'PA`+
MLB#>.2@WATM4!0FM267)P"^D"C$+4`7E\240D4G%HF5>EP\C9@@2@U241JK.
M8!&'\@P=X`=4\PQ/U`@D$&0@LSCTX&9.H@SPM@Y?0PF1-14W!4X@E!)KL#,H
MA$#?)GB6(O\&?B0DQ:0C':($/Y!:(986O*`!)^$#Y\,6P)@2X.`/S[:?9JD2
M'&`#*=`1(.('V`*68?D#.\H$71(MWA,;W#0[V<($0M`!0%,!;>8#4"9GS,%Q
M\>(%Z4.+2N`'P`$.?L-/*1$,=!40"O%920$8KE$@U$<"JQ9]5]4/LO86'_`#
M7`"(L_,:)<`!M50'L<0AS,`0Y&(3RB<L(E`'J)$"*3`,JK-N%:%6>S853<$/
MP``HTH!`45<>*22?/-(S7(`4SN!XD\>;1.0.\;*L6B$(CK"/.0,0L7`6E&H2
M7')H*G`A#P)#"K(/+N<2BI`D;_(4/'88T$"JEODP3W$!.S``C7#_#8'A0R?%
M0A^!91"BG*'T-XSTBX_((0@$<:#S`5`Q?%[X8SHR%A;T"$]"`C<F(G]K`OMU
ME]MQ`J.&.7+")0G8,W[`E$7X%D\@.6N"90'XBY31<:U44I`8)2;!32F`M\O#
M$A/A.YX@`5M`%Q7`!)[R`B/T&K3H080A!,E"`IE7'Z9'B]DB!.DC!!=P3E<0
M#N.2%<^0(AH;,AL"&^CD`TA1`23A4M#*>V*45[IP+["5)UY02^YS37[0$H(`
M'^%Y@U5A09IA*@H<`ADA`B'H`RH`53/5%?"@,U<@!?MU!Q40`KFC`EDU"^)R
M`G?5$%/AP;,@%5P%-F4$,0^J4R("#^]0_P[+(`A.9A4[DT:?9$%\I(\RN0AQ
MP0;"N8[[!0GRH264NC((B0BT("3/61E/<2480:K5.&4WF(6*L`,N<!X-)"L^
M'`R(L(6[UW6:V!,:N`I@]0%\$B7%*E'0VA/^T*@&1$3,P2.+X"0(!`TI`)//
M92=!Y4>+D#5I]5M6`1;H(##ZX*8I$`YL<7A<XQB$,D-:<@5Y/(50U!\WD%TV
MX)U)HB)9&0(W4BI/P`8V4!1%^"CW]FOB5`1>8`+;A#2T1(OZ`\OR)@$]-5P6
MA6=<@#>^Z%QW4`0EX,D<]!K/$@0/\`%,T`>H,F+[1"A0P;%B)&:L1`KR5*5L
M,$V%U1U(PHHM4?^1BC`)D)F8IZ($K!5K)^`%G\`C(N``>'2@'6`%-^@%/I"O
M!U>IOO`,>K2&%P!#K',`Q4&%J_`W7DB%345$])`T^]G-)C=8-2,-.M@*]NHX
M5;8.>GL@E%H\9^%0ZT@+Q?)"OH`AQ@`.WN&?'+&;]\@([OE&T;F;:X#%%@$Q
M@"LG!"5&#!$5MU`K(`1,UJH\OFC&%I0GFA8O=*(0<A))5&$7CP:)C7K28&(6
M)U"N^V@1(+$/DH!X6)(2%G="!QG*&&`#5*)VT#,1J,8(LG`("=4A=1`*Z8$!
MT,5FE%$"`J($MU04NH&P]O3&%&8JI\(<OQ8)F2%OWNN]HU=/TR&S2G#_:"XQ
M0P<Q#;:C!$P@%+]J/M66`J9(,2E`6.526<]#G+3P#]Q',G4`HQ]0V1S0!RFP
M,%I""&($?(<A9$$`IE1)6-RA4)A@BQ:D`GZ05G'<`7GQ`G=2!#K@AU]L#,.@
M:54R/QU1$]Y1*;4`,2^L:8;4"#T#W2[&)?6@,>JP@\&U#/'BTLNS1?R\FY5A
M@%EA#`?@A#81>0OR"AR--RYWOS*S#Z]`T@8Q:8H5G0;Q<V('Q2ZA`5CL(XN5
M$S^7%DSC"PIZ5X<0%Z=D5]7(V>6`QL\&(C](&6^W*5.!9E=W=W5!*#;1"GZ3
MA67!9H9U>>I::BY1"X0R#/WP'\$#3%IB%R3@_T?W:X'`5!&FT+P$#A%=`0TP
MX``P``MM4A-B(!;/=07PYAH_L!NF5S+VR'T*+`2"$QP:4`*N5+,U^VJW@Q=W
M0`I?@PA,"F)N_0-*X-N9=P77HC_;XP`58`FW!)<^0BQZD]XL,<JHH"?3@'U^
M8%3:="#BB20*PQ@@!Y)>$(A@>@4P\!%%(T,.L"X2\JN#,6'6X`,_5`*(>$GB
M6:F<AQP8YLC"E:]612XY@S.C9DA6L:MB0P[N@3,PPB.`8B.06#,'%B=6Y:FF
M$YV'IB3D?;LZH3EWY0KKIF6:0X(Q)0P.967W"!&+!<70"57X,KC\S:H"=%\R
MT1E`S`]C9`MA)PMM=/\I_9)4\L`+(=.U"9%0@7-7=MFQGJ(DRW,NC*$NWD&2
M)[%2&(,8+O$?XHD6@')7*T0<*N#<)U5J)W4(5L$,^%[A73%8NZ%0JJ@Y*I$"
M1^%,)'!]0N`0U_<#AX([8C$[JX$W)A#H15"NKN$:L\,M4JD$7F`#02`!_A+*
MKB,N6ND]LQ,@XM1-Z>,#.9,B@Z,XP^#!8=0_`1)2&$"NK=1ZP1$"4I!#P@XA
M^,(4+@H>':D9V1("LJ316L%?ZNH(H@P#6I(69!$"\'-K()1+^T`,,)0K'J$L
MAX8!_,$,ZL$6JH":A,**8,M``PUE-E(SI&J;9T1DE&$<#5+>>4-5&1[K%W+_
M`(AD"ZHY^!E""[X`$N9Y`^NX.23].&S`9FSF'M#Y)XV3%5T&U8&V"#\H0?WQ
MQ9U9"$G"=AR+-W>VK([0#>?`#$J!,]$IJ4K"&%4RDN>R&`:C*4@*M)?SB;4.
M6Q`V1EF"<'CS?)CRV6+1%G[4(HB@`?\U[9Q11F!Q!5:E&$DW&-`$320#+8JP
M7!=%*E>@LV#J`/(2P;1(*J@<B$R0>;HQ2V5Q*LQ0`>3B?'>(%[4D3MQE>OIC
MYD(`"'AU7!\</R$:*4]/)G@F64\W&"64=1=W2C8V)75U-DHA2@=9+R9;'!H<
M;!JK;#`_*5Y<&!@A#@XA(4%L!T\?:R8<=RH87!T8_R0D-S<FESXG;!PD0G<W
M%Z=/>*0O60<<'"(:2C`?%R)L%X3G(AQ;6QV$*B8WJEL?6QAU]B?&A+2==4[<
MJ4/KWX<.,.YTN!!-PQ8-)@Y(7&1BC89KJ;:H@/3B299K(JR]6/.D5\E%C""I
M2/4-3[8GW\I=9*B!%;H+-6=>W'(!Y[=H.PQH^%!'S+<+'S"<^)#EQ`45S!JM
MD8>!E8@L-[":8(/NWHD.'3HEA->!Q#$N/!\"H^F.C8JI)D2XC,L*IPD3*E2L
M4K7F&SAVT2YP2+I%!%YFAN^(6)/5D3P5Y50\Z?B"F;S%6^IP8(SG!IZ^X;8L
M-9SU!=1@%U)<\2/DD!`'E/]>ZW`PVT&'*T**W-+!X<F)$#IF>Y&P^]8M);C]
MT"[B1\<=(=$*U4G!1$*)((=TR*8M@8F.(%L4?C"*0=J=.QA4FO`%@]*)BWY(
M8(`1E@D,$B&8W:C,084J,0S=(]\U%W10PFOC!*'$(CUEPX%@=72@00<I7(#'
M.1?H]MX)L'SV(`=9S%/99`])`X,-,+#1444F:(!!7@=Q40<;Z^FURA:S$/(!
M%^<=0Q`&8)V`P0TB7"`D!N&=!X-_7#$D42\3]?7@1;U`TLL-IUS(P3PF[8<2
M2EF(\!9)3ZB`!QMBS/1033WA5`Y.;?)4TS?LJ(""`6P05>*#M)AS`9)L>.9(
M,&__:N!9D2H4V1,;F:$G$%A</'K"CZQLUF1F+VZ9B@DOO$!@GHL!LT9/6]+I
M5YYWI'""%PP]AE<Y:X0T3R/,;-$,1(Q%U9D*HKVHWUT/XG-/32*4@D=GJI#@
M&GX.*,%&"*\)$40)L%UA"VTZ%,9!+K3A8IP#NNE01`DAI/"<#E[\<,()@V$0
M30>TV4?"';;H(,%L]S+A``DBL+K%J!^08$,'>7;F$@<PI$`"%XP&3,M7-GC!
M1A!>'+O?2(NE"5%/'3A%RW7@*J'#%2<<N\8=6>#ADXLBU)$B.Q<$X8.Y""FQ
M!@9I;FD:'ALQ4TB!X%W0D3:=??#>8&!AT"F6'(B15!TN_R(9X;K\K-L/!\<.
MQ3%8,)RPQ@MY0H32DXS4Q08>4"ZB<F&)ME32*%ET8])DC7"*6C0`"J;*11>M
MPF::;>(4331BHC#%19-B$.!2EV*@F`JEZ&6/782R<Q&`A5T3T!WT=4P?D@P9
MU8[B#];AX;&GR?F@6W=]AI-_IUX0$`EU?$"L7!597DA>%7EFC0ABWC!9W/KA
M\<$=6Q#M"/`K&5V(!I![=E=-=?S`A!]*O.8`%^(Z<(4718Q\[6PE%,E:<;5]
M*Z["R8"B0PDD]*3P+U?@^X$#/P3G77#=25#$8%?HR45&A947:&09+Q`!%R+6
MDU[5;A,AP(`-4E"LCI"B(GMID?\[4@`#&*1&0;,1@A3^%`G!-$(PH+F!%V#P
M+PT(P0=%Z)H&N,`%$W2@/X::C/!N$"N-/.$.?K!0-]:#%8)LR4BT@$065#&8
M0>3C1U932J0BM)"MX.$H'>O`'51T@&8$:A'">Y)>&(*V+R6P$$2BT2,Z$HE(
M"&\R3.I/VRK5-S.A:2IBBLLYC(*FG!`.+A:HPA-W1(*GZ6TH1.E`KEJ$I,(X
M`A5B:%$X\F$3#@#I/@,)DCO<L1C98<!HQ;)1?ZZ(CAF)@0WL$-,:>((UU*P!
M'2<HC/!,M@8M5>1#+_A,94JQI:Q,Q",WR`M74(D78,BCASUQBCRR89A[=*!<
M2L@>N.[_X`#O7$$)M_A!$';SOCO43S?=*LXM?'"%'TRM#DP`Q;K6L`DN6-('
M.F#"%>9#K?U5IW]7$($.6(@4,&4C+I##RP6\8`F>T.(#-@A!"8[1!Q)P()>5
M(061"!0A$G!BH#8`9S5MT$ET=."*YE#!!>A!GS1U0`A*B`\'ZB"!@6PI&!;\
M&L]&)9<V:`823[A`%O1R$0X0J4\H404Z\E&0H@Z"A@@!BS[<U3R!0.-)+?HE
M&SVBP8<N(D3!X"0JEG95;F0#*V:"RC>`E;?5-<0<RX#<(N0QS+;Z90VUM,``
M:'@!8&A@$+4K%2TBU0')%"D?CGQ+-/3"#GO4#H5((<A7!L*3_Z<P`I5*0<JI
MHG&#G+2I'!_X@'^T]I<MR:.N%S-,,$+%TY#L9SV5B154%B$1XE$53HNAFS82
MY2+31604'#A!"3"0`B$DM`A""$Y&BR"!;>(B!=?:S0_4ES[C2&!@`\EL$8*`
M+@[,AF+0D(*]F$")%-S".TP(;W>8<(>>%,-6I#!CI\#JTY.58RS0LL$'I!`$
M_70*+SP[QRH&ZH42:,`+7K`!ML#5GWF.:AX+>2D]"O2G*P`!B`>10@EP^@)P
ME&(;`M4IEAQ"D8X(QC]7_%=GN)$%5*JB@</"!T$"0HL[)"XIFI4=0F!PVZNV
MUH(2>8$8[('*'4XR,M&HS!N'IY7#5/]F,<?:;Z#6$:LAWN4J6.D/7($'5[\`
MSP1R[81G>96XNJZ$%@BYPA'O<8HY/H4=>T/2G+ZA`0RI.1IXZ<\-T#$E-ABS
M$8&!$X$T(*0IZ@T<D/M:+I^P&/\LAH=K")%G1H*'4DS%3"^H$BEP&C?5EF(9
MRRN%0_93:5TH08+D"D$1X!4"`3M`"!V85@J6.YMT=DLVWE$?N6#`6R4$@00A
MG`[_YC,^"?2V!,&)9WC#"\_Q7"!A\?/J(M8[&2IS8(5#N<(UA5""+=A`!Q6!
MBO#6*X\3WQ4A>?)#^,`5`D5N00?YJ*4)ZO"68ITIMQ?P0Q!2X+@[S(L+**&'
M9+BQG[?@`ZO__QI)1+YAFD1?Q#"49B(Z'E(.5!`&2/^HW9L^F4ARO,TDO7"$
M#EOTIX;'A,Q<N?)J+WXEO'!*>NI^4#EXR([>]><N7F*$'F.UF%3&Z@:!Q(FV
MV$%QS92",%OP`@FV`F,3UX0KM.5*I5"("L'(;@NG)%Q_FLZ35J3B0AF1DT.:
MGB>E'.,4&O@:S#LEIBOVA6>S@BLSO@:5047:,Y..1-U&ZSO+P+4OB<[E&G00
M@JY]#UI"P`-L1(WN+43S.L$.PBM>,^[@&$<W5Z`U"9@0BFWJX`2XKJ8#>AL<
MW>S66OH;+[&OD!'N"N$"D\GWEZ1R@2N\]P1^$/!2T&V#>70FO2%B_Y)."@D#
M[0E!"%>@$0>X4-=:1F8JC%A#+`/F@*XMJO;+/E-GW&@:$9R"%*_$PU=J))C8
MQFV9$FE&X.!DYZXGQ1]"N@FC\`&D#MSVE\D7%<]ZH@_+S@2%DHD*R7M1$6`L
MX^0@]1`UTG*7X5.[!$9O44S%%"N'80$&<`Z:=4MM`C6](`+W(!@P4!>?U&8/
M(ABHA$J293FW!&=BL(%H$CA]\R=$DB60\$H-M"B@X1`NLQF.X'^<EGS%U!..
M,!=ZD14ILVVY=%J<$@E*!%>2,0\ZQ"2F%80W4P3SX@<E\!P.X`5K,"U!P`1"
M0BX*`DX2$`*9H2_H\RVHM@4D0&XAX`7!E?\]3/`,,1-<IQ8"0@)ZU3%L]R(!
M%L$&)>`#QY`5R[!H;%1A6W$,Z+!0X/,#'Z!0YA(2;C0/:743YF4#K*$;1<`M
M$D`"720TI5`>B;)>(B`DTR($2_$P5[!LN00]CV`WJ%`'G-)M]Y$-"U8.9\,(
M0Y-:;`(Z/?$!A.,01E4(2=%3Z<`/D<9:.V4-=<451X$4BG.+,^$6-))`/;-_
ME@%I5R0F,_%0IE$FZ_$99D(KD78`P'`7\O`9L0(,+]`#4\!6HM6!?4(2Q$`0
MG>@%*L<0>F9BFH*+/04\:.:"/'$/WY"!J3!)5T=H3'0-GX03BN(W]A`\\B`H
MZP%&GO$-8G!WN>3_'VO4AXLX6\?R)4\`#(UV-@)79ED!;W6@!"1P!5$H!"FP
M3=]``D&0&P]R'2EI"TRP$!H0`OIRD]WS>$I`+6_H!;F03B%`'%X0:_KR>WX`
M"_>R7?OC`S:@`B>@`U(@3VRP;"=!9(3&*(KS`5[@>B5)`DKP`QH`!!>`A).6
M7AW8$US00240/BTI&T&`>M#3&98P5JC7%^OR;!C@!\4`*,MF&#ZE0Z;1=4\`
M`];W2<>T,5R@`1T13#Y&+)#$?HDTEBL1&'WS$7_"$)FA&6%4<D729JN@**!S
M?WPS=:)20)N9;XS1.[%R$SYT`"-A*(F2*(Q1+&]C)H/".R;7"!9PCE;6_Q>,
M,@O=APKX\!`NDUF+@@I(APXU`3H/02,XT5.6U2;NTC3]06>?)2>>1%3)^#KA
M,%J'@17;E@UA]0W;>`[$LAYW<8`L8C#:D!54QBDN41FWF2@X@HRPD0('DE`I
M,"JFE@(C>0<3%"X.H#@G=0NXECY%H!O2`BY"D`L4HDW;%%[3-1O=\P-<X(3A
M)6S#%@0P<0?453YC&9\H01F%I44PL)5"4@?8$P2I(@1,8"A>54RD1)`1DP*3
MV*#<T0'!@P'SL`8>%';SL$1S1A1^T`'N<`$EX`?KL0QT(P\1!3Q5X1DB-12&
M@1.?5!4E421$`CO"]"<XHPKZ$%+1T!<L@15P,O\Z'Q!&5D(DF94*K^1PFL&1
M9SDXGK4>HW!Q)[%3CY:-`L00..53]#!6JB4WKLD[-8@78B(/#EASFS&9'9<*
M,R%Q][!7#`$.3&0Y^V4[6]`04]<D*"83/T$G"_><19(9R*4J,L$.?7$`B<*'
MWPA78J!M@=JH[)`S<B85LQ(FFP$L=P$)G?%&BVDR?_$G'9,<T^`]^X0D/Q`^
M(H`!2G`'/\!X.H`3,"!JX.)XW9*@DP@N"4IM6G0-X2(N8`@NM^!=\1)/H7<'
MSU8$^E)>O7$E54(1<L$Y-G`%FA`A^!D"TN9JMM>'I]4T1I("L0`MX?)<[-(!
M,`$#D;":(H"-3X`!AB'_L$YQ$2B)-2:!,7(142OA%('B1<=B20>!%'$S&3WA
MFU;A<,2'E1<Q#Z?29K=5850G%U<%1I,SIJ-B#Q\0.7KQ)M'P#1L).6CS)!*1
M%:X(%U-2$V8B/+'21?ZQFE;%6ADW*(_VGH8#+'HSJ;2`"AV864=*197*)'3*
MFB6+2FWC;>X@$^;P$SG1#J>P"O]P"%<P"Y-S#20!I+[`@:02GY"!%.9P$QH@
M!FCF65)&#SV[D=LV"ERU'X("N+$B'1XJ'U=0!+T51.B`34%0DT&@(+<00Q9X
M:N$37M]R:KEA"PW:H!:J.&S@!>2:E`RZN=^E/]5$'!P`+T+0A21P"CE&&5\B
M_SQE80,G``,R`@,M^0-7P`1!(`%*^BLFYQ]_(K"J8:WQ%$`EH`0=D`5A$4QO
M,98P<2QU(`+`=@Q_<FU/T0UJLQ*A%#?M`(.28P+E8%#1$`DKPJ-45H"R4ZJP
M*#2H8!,A81),\DF,41D!Q0:VV*B)M66*@A&L<'/[(;1D(Q&UE!=OP42I>1<?
M4!+_AV@&2*BC$!5W@1>/L9N.D"=_(B1A<5CY&R%\^R?*:4RT%78?)R=P!C-Q
M@A1MMBCFJ;[-H!2>$`0A8$[Y<($T@7?$T'2DH@J000+K`B?#P@:0<`.),R-L
M=A''=!<E@:CYYL'E]4I\E@+UZ@?BUL-7,)QU$#[OD?\"R(%-(B0"?N`#2B"@
MY+JYN0%<W9H+$51U);!<M4L<LZ&M":HOP79/Y0,#M\`)?J"80=HIW3BTHZ*7
M[\`/6_E["3IYA5`9,/=D?^(%JO$;VL,<&+!Y#G"U\P`S4Q=E)\`#SL=GD=<(
M+J%#P/.K_*'"/=4;FM-8MN(1'B%2Y8$WR(D/%H$DI_04S8"<6W(2XE<5RA:H
MC54(7+$&]X"+)B?`QBE`[M!HJG<`;S01V@8.3[%,J24")5<2_F&1#)P-0@8L
MWV`X/,-F-/1)!'$-E#D+2/(!>BD[%1P,#R(&.8,//7$.?\$H"$P@UI<4'D@@
MHF&EG[0%]OJL5_HS-&PIN#C_.@69B@?!0M13%0]Q125@`T%@+2=*(7JI%%MB
M,2,;46>"&T%@`_E@(+MU`:*V34C".>&#Q"10!-EQ:AT`8\"&H.0JQ];:H-PB
ML/NB,,$53]EJ'."EH6MH`QQPQ\U,,%#1C7)S$LO`!O9VHM-!"7Z0*L_!!!9C
M,;-D`C#@!]*V:KE0NZI2`EQP:NI*U?/@"D-R%P<@&+X5!`L1,"$0JB&1,MW9
M"&R5)R90D&"3#R#%!21Q<H'6-W"E9Q#+MZ]$"W:6OV34&5MQ$3=0);ET8@(T
M.#LQ*T<QM\'04YQB0;8,M4-[#D^`#;U@&O(P$;G4&3W6*?N'N'WHP6M@.+SC
M'\7@_P=)@3."`PZ]4A`+(6._\-GW=PWCP41-QQ)\<K^<2J8/D1;YH%O+E0)8
MNTF.C<O6;0^1<@4W5""-%1!P$AYA`0KVBI]7(+`=4QZF74N,L!^"X--GZ'6T
M1B[-\@.T,*"P84E'^5O!94G50]]OS*VC&RUT;`L]O%)<0'@9NKGA\\?ZLX85
M4%Z6$,\$\[^=LLIQP1@B52#7]`/9(\\_`!;V`9[Z$2)4C<GXV7NV4`3/T4'`
MI03F$!"+("R5)1G380/>P+=7L!5_R49A\K]A4EB%P!,YM0]XP!,EDYYV6B;H
M$"M:*\(]<4JH\!:F<;1R45E[0\V(\1."$\%M4B9$W"8Z$?\]<+5_I-TBE5)&
M_`<,_#<K<5$1C3814'*Q??@8MKV#<8%94#Y,6UL0R',)Q5!(3:,FFV01/S%8
M4B)`S)D/'M@GEV4/43B)-@#/I&*0E[EJBI.57J"N).`'L40JK?`G\@&A2M!?
MRN+A*0`6JS9TW:8"UHP?F3MO!P46^-$:^OH#U")@$P(#)DDMP($>U9I1V,3@
MW"IJVDK'+2EJ'/0!T8HM"#K4&4J'T_(!X3`87&#&P0<,EN1B?B"P7AP6)Q!-
M.QD*"L$%V9,?/`-&CN`B)*`:5]#N/`QXO94;L?`9Y0`3Q"`TT/,$':`#4\$0
MT^',DH%3PF-SP;!*/#L/R``#,5'_&`OX4.GE$(LR$YF5F*WBWKT1(F@6%Q_B
M@]Q@SQGQCVA>P9,1Q50&)\%0&HG,P$\23%?6$1/19N2;D4RDN*/-\AQ1"G=1
MM:K\V5ZF=96B"D@").AQ;'=`")KQG+=X@9VU&7>W-QW'%1'SI?I\$17_`UY0
M,R5`;SCK2$/A#AB`D@U$]$C!XZ22"M>P+LC`PT'P&Q@08!)3(*OF!R&W"C>0
MX-!B:]2-%.MR(`VJ!!YCDGP7[];R>^@6:CPLB8\'7`2;H`7>H.-2.P?2X)VW
MK>BZ/\$Q,^0U%4JA*GHXED8J5.H*A27`*OBYD^122$)B30>@B$U<),`K;:X'
M"BW9+,"6_S!^P/`?P/!L6P<W\Q2"]P.K-!@_0`[5.<R>4284R3,B!71E,@L:
M$`E#$9M`JD1/P)KED#?%8)"/P1C$?$=[,U5T(YP64:EGR5K?L*D?8@\E$MLL
M+Q$N021Y5\6&,1$=S$3R,+(D1W(7!`@O)BA3-S=X>"9L'(8W*BIK;&P:'&LJ
M&A=;=1@7'"<8E%LJ6Q>9I:>5(AP<(BJJI9@86QH?,*6S8JL7&#!W*4$IH!\G
M)25;;!<?&,IU7!TI)4%7&&PG,###)R*3F!_*RQ?.)R$V&#<'*A\VP20D?BD:
M8IA;6R4A1?=75UP7OO8A/X*$Z/!!2(<BP$+HN%+"01$=$HH("?]BPX%#AT4R
M2@PAI&/&>R%"BB0!0XE%!SIT6!1B40<3!R^9,)$0LLZJ+2%2G+B0XMH:/*LX
M;)GFI\.)-5Y(*"D61`D7&!V$Z!!2Y\"'&T^>F$C4`0:)*S]^P.!H,82?*YYZ
M<<C$H<2U#UQ,",73H0\7-B)V>:WC3<,3$3=>&%+!`9*);3O9?%#QY,(-QP?P
MX#5AR="++%E4W%!T@1:I4A_J4%(AM]*+K$_6!!4CPL23RR\2$4ZF6@/AM1_P
MH#9Q@X.)9!P^7,#[Y(#QX\B3_Y2DRO4!$RJR%'^"!Q*DUEA1)W^!O'B6&Q:F
MF.!=7<4%2^,3B8AT`8\(#-2&KZF]J0[_#"\:-'PV12GHHD7Y85)'*7YPDDPI
M\'&"B1]!<$%")1>0\`,GWFRAC!?Z!&$/1:;D94,0H&RA&GQ<?&!A!T()`8,(
MKSV1A1<IV&2?/IS0$Y5$12AQP14=U-%!$`*5D$((=R`%`X-/")'1%1,IZ:0]
M#BA9A$42=<211%'B$\1$(4E09$HIO;022BF1Z5)*'3C`P1.>:0)$$'X`QD$\
ME9`DP@'QU/,/0"6H)$0X^7DG@@A;W`$#6"74\4,(*\$@Q!8G2'`%9QR04(0-
MF%R@B!A/!+&%*EM@\%MKSZ&&V@N4''()#&P<@-<!K8F@VVN6M&;J=T\X`LF<
MM\2BP7K46.?<_Q-!M?8"8P?DZJ((=;2VRBNDN)CK&K^IP(DD-P"6W''%)4?L
M=XFP@4=@LG8;&0>"J(#'"[&U:.ZVR1Z017B!C>L(*Z1M=1@'D\BE7U`F9/'"
M*20,4PDWLY"B`5[_\7J+</RH,@\]%E[@HQ(=7'%',N/>88-H^ED8&@8VA"`0
M0$-IK%<'H&'`Q0F?:/*!!D7<@15F-_S0R04V7,&@D"0I(01'(9#P8XPG*-&4
M0%QLH<.E/_AQDDA,I*`$D29?>9%&''7D9$<".0!22%Z@-"433SL$I@X^V/#0
M3,5\(-T:IRBQ1A8A;.'O(CQGK$%7*?P@M(87*)&1'U"]T*IQYWEA0__/)<QL
M$D+W0"6!#JRQ<0,,/@@A:P@:J*I!"GB5XMNX7'";:[VC*;+)(KQEP1L,R;[V
M`K7&">9B;2I(LE\R%K(1R1J&;#5*<:4)9DBR@VK526"*S+(6O^O*E=<BK+"2
M"+S<;Z]9OH\0GX5Q6AGBV"'OJL[]`1[P8>\AAR&R6;ZEN(C'&A)+@C^"?FBZ
M62=K$4,I).$*?'&##?+XP!WJ<`S04"P9"A+"4I3``>E<P`M^N(-P'G:!9P3C
M&9M8!@9ZM(QOG,!'&#A!.33A&%.]1Q7MB)`2Q!(-D1QJ%S9X632L1@):$(0$
M*F*4$!;E%@XHH0Y*.%1(IL0U?(C$(4,KP=#_'*`$'82@&&A["9@N4B8=I"`%
M*F$"##CTG71\H&R:.8'F"A@A$IQ@0BGH@(0&!P,.6.T$')#%`2Z0K.K<@!<_
M*,$5/I"F*)'%48)$QIP<X`,8](83D5"!%TJ0%[[`0!`F.`URX">91YC'8H3A
MS1HTX$CJ1"<RV3&!O"BC"+FPX3/*H`<F,&&KS03'.^D)3+SN!Y1'G$97=/O`
M]`#3BFU@CPV97%_MNH-+1A2&6N\BS2JBHQWEJ))['IC"NHI'&-)D*Q6FVTPD
M.2!`5^3G/'B03F/4R#!2X(5?Q<)>,@BY,&0,D&XBNX*&_+`&[F0!-T;)"SV$
M`X,?I`!#)"C!QDX1_RH3,:,.)Q2F&(370==(9S-9$`,TGE&,@(@$(%ZXQL(T
M@+B);*$#P@B!%YI2A!1(#0.7,)1.[C$EC'PT:_@0@C$FHH,@3.6*:--I0U:B
M$I2(+4P^11%F\)").@CA09,0T6\\=@<.9/!O6["!$DQR!86=X`9K,%&\4`D4
M#93`<1T@2TATH`0_*.4$'U@$H\[S@KST9Q>9W,4%LH*5L9(O,)48CPDPT(IJ
M'.`0PKR,9'YY41'<;CS;8,\IA/-*;Q2&72]@Q!;&9YS89:5VK7!%KI+5&\J<
M<PW=BHTB5N&>&W!6F=WA3FI6@3_-O.M>I#&7=)#S6GAYP`"%,9Z_8C6>M?^4
M0K"ML2<KL#<>33ZA#AL307ZPMPIN3-2>].#7+)'A._B0("=>0$9V%(>!2O0N
M$R829`F48(/@?$P2G;FKB3#`%TX<YC>(4.=G5>!&$YQE*1P12!!^0)51=D:!
M)?C!Z%+P@:N%0`3WP*`&7-44(6$)(PXAVM"N-C2`B$&G(8$B2Y@0DA\4-6PG
M4<F)5="!7*WGC(FJ0QT6TKMVV*"#1^&`C)6V%&;5H02^L=@6Y+7;=&G@!UN`
M00HR$H0B,"$(=1SC&F`*1B4<I8`+*\PJ5=%739*/6[+C0"),H`&@.')@K,B*
M(LJLE=?<*WMXR85U32$<#."AC[?QR[N4E17!E&;_?,2B3&\<PQUOU>L[U^1>
M:C_['.C`=S1>-LXC,ME;V&X+``.862<T8V#!4F878AX/M>PIB<,03W<'4)PO
M/B"&N/9G&_&=[#&8RB]Y@"9"7C!9,AQTF:RPI3#Y@:3@[$&"20QGNOQ*AF+@
MPY=,H/8OM3/5$]AP!4K\8*4"$0N'+[4F>S+)"\-1(X?]H%/ZRN4\'""P1O"Q
MIRN";6@=^0$7H-%DL:7@#FPSZDN6*`0MID0B/\CL%I#'+YU&K6Q4J107,%!5
M^V"`!-"XXE+N,&!=L`PZ6=&,7#Z0@@MRB2,E(.P8C<:+B-2!6&MHX`540+XG
MJ$N50EG3=%JNE?F0F16N_\T"_CJPS36<G,^!V94Q;3*G3'4&&<M@$;%FR?+D
M?"=>8/7-.0Q!'<`&MGN76-/Z=A.P;J53$%D>S[L249WT<>LYL/5`%93A#<IF
M`A.L",<'1#T??B&#$M!1YS)OX@>%95EX`AS.@`)UW]7N8B?TUL^/-IT5/("B
M%)DSW7OFRP@VB.99W%V+@7Y50<*<QE2')=DH>'RR;1?IDR03@A]L8J$@M`,G
M2X&*7E>:-I9$"4CW`/&6)B*1:)2$:"4H!TH3#*:/;C$E2O"+>1"1EZ64#7$.
MN(._Q(P)GT%EO4JXPQ7Q(LP/%&6OJ4%$(KKA![+,T!C"29K52O`2%<ZV$POK
MUO]K?K/7S4E;_C6O1!V.M2;W:(Y=UM)XL2$PS[$>L-9/X3(<^[$,,@=/K6!V
M\>)G6U%H?W5?R@04_`);+B([R50JJ;86^+-;W,(;+L(]>N<BD78<`"`#4D0"
MI-`!;E%?=08?OK$5\Q<4ZP*`@>%:TR8)##0<:_$?YY0I&@`=OO$3A&$AD,(7
MP6$3@B!CJH`,H\0JES!`P0%Q*Q=8ZU$;I\`&H'"$E8`NTJ(=*N`'?L`&"=56
M1$0"S1`$564Q(R0T7M!]]E$B)K%5,-`S(:81&59^2X0/#-%D5[,05V!E2X8/
MT``7)S46"+%D)O80/041'1`9(8!N,[->6^`;'_`#Q,/_"LUQ`46Q!=!0#-'0
M0_EQ`QU@%!^069E4'9YP`@PB-CEQ!3`@"U$A$$K24^\A"',B#X6V&W(3&]DQ
M<W^%*G.7*RIP&OF1C(:P"K4S+M"A&JGP2FLB.R)@:P@B'*PU)PA4"1!(/L<"
M@?CSC<91':&C3-WB"NHR'7SE&YH!+UJ1@MVQ2:"G@BQ0#`73#[5X`:W&,LLP
M"]`1&!F'<X>`4>.1&>=4(?5T;`MS=*S@2O(P'\@0*@-R`UO@!?.1!2?P*YY7
M04^`(;)07I0``PEV`AV@,)U@3Q(#>4?X38Z5%;OU!!?9`>^Q*"2P)0S&<24`
M03N15L%`#9!R!2;C`$/R#_A0_U-5DA,'83@.H00P8@\FY@!>(#@D4#:7PA&;
M($=G\0,G$`19@A)KE0*91`),<`</EV`28&>-%S"&H`J$HF1R)#CG!R+#T0HP
M\`DKQQN\81Y/J22#4P(HA0$_X$0LH0-%(BKF$1R?%VUK43[3\5JH(1VOA!IK
M,C#(="\:\&RY<BRJP"_F(1S4)(WY46<FDB_3\RQFQU?K@EKP(A?*]$^30(ZD
M]1V*HRE?Y@C]!(&/I6C)06GI`P!5H&.KD&7"\`$[Z0W)4&;C4CZ\H3R"@1V.
MP#<\<9*8D`NVAD!T\D?/``.4$"#_,@R9!%8KIRSC<ASHY05WH0$.0A#/8@E9
M)AV$\?]*XK*<Q=5UGV4"P7`%0.%42%0$];!Z@#DR"\<7=9`9%\`H1;%2$G0R
M2I)A'18"6Y4"&19\7K!50A02.@4#4>(V0O`)=]`!"U0'^J8$$A!\).882B$$
M*3`*KN<`:T!S61%<%R1'5S"*&I)]=O0!(N`5-+B7C'$#7[0H']%A)R2A.2$0
M&=$[Y244`4B,Q((5X%>/T39MQ8%)J7$'8O!+=',!LI,%8V:$G]8)K.ERVF4*
ML_8"F:@+M)4^WV$)+@>/*X>.\0=;90<KWO`NS:EH^:5HZ;,NZ?,%54`)3;,%
M@C-"&#`DU+"28K8NX.)/@5%7]F(>DC`GI-!`\H!WDE"$*N#_,W%D7+2D`;*@
M.5L!:.P(>B[7>/(`3]6U7`\H"(C`+]3"BYQ008IP&IMH`R20%1IP!6MP18J2
M:PZ0"?2P"P/""EN@!,5VJ`*A!$,28ADV$@0F-&)C..V@#R<1#0*15L4P-'>Y
M"R,D`18A`5XP%=KG>O`!EK'R`46``=R12H+`(B_`,FW@(S80-4#",GGQ>_Q%
M"KX16'[`%/A@$24##0VJ3T13.GJ#"3V"*_(7.WRT3//H<B^I%<G"2H)V`3_P
M/=`S'Z.4")U!&K&1+%R8B:20"Z8S7:W13[Q56L<2L8YW9^MS`QK`6>P:LX?E
M#8F6+.CB5V=G2I;F(H)U:<#%>;G@_WTAX"#8<`JH((SL,BN9)!CRHUB]8T_'
M)@_"XY;(`!TYF$F7@%VV,3[((G_L$FUZ9QQ;"JK:(*H=J!6]8QLDJ#SK0BBK
M0`P_T`&*85`8$`(;68O=$)(J<`(4,R'-<`(DL`Y4M&190S0G(Q)-9G`3888-
MT7LXDC0E,R5>D$(1HA(?T1`8<`46\0,-=@4^,'#DE0)WXQSK$B]B>1IU]`Q7
M<$%X1$K1,$@Z,C.KP'"!M%X3T63Z)"&,0D66$@V4@0?:&!I;\'F0^1HLQDRJ
M8Y$/Z'(O*A?S848K=QEA9G.'`4"^D5F:X1[#V1^30!HZ!SO4`K.<Y5IR<0[>
MPE1;=RZ'`/]3BE8\IZ"^QO%T\+@ZO:-+6_<=KK4M*S`%UQAXH5(V(;$3#;4)
M6R`&S26,*/@:D4$>N>`(2>9.VA44\[%R`O-+I:$:D`<8-J<=?8:\TI&"LN,C
M=R`*R<@8[.@(*Y=;8W@:/:(?O<!`>&`-<D1?F[`Q=58'4Q:2BV@4`&%0;25%
M/&8R6Z4T)M-D&M)A/I-A6X(1':`$&-!O2+8,ED(E`(>L+(&W&&0N-8Q:^C6,
M8845QT!*7A!2[;4P&?,#)^P`)``*^G$''?4+\,80.0$-%L$02F"<L.)XJV"[
MKB%_Q_$"-\8M7K8ZM!J>JG$#<>4>`M57J287I!$)O\%:]^(<41?_6/"D&\G2
M3:UP9VUF'/"3/AFW5_`"5NTJ''<"6Y+ZL(:,CL-+@?"X&52W+;_U"NC%<4A*
M(:%B()^2<[1L.Y]7&(.6O?LQ)Y6`/XW`+M*!:`T#JUNA&I^G'9:QF.S":!GW
M*^?0S"5X6+]A&QK'CH(`N'/"439P`R%@'P-R0BF)=`PG"\1JDG=0HZ2(,4-2
M81WU42?S#T.C(181?":!$@^75E),7U.,Q4I2B!W`!#NI&$$PC+$A<Z5:.[SQ
M`5.&IH;B.#!@`L+4$UY@DD)`BUUA`\6@#^ME,O"6$P%MQ):5+XNA8Q&B2C`Y
M*\^E!,FK3H)!&/>CE[HQGEHQ)^L(DZY`_RU!`82Z4AB@?!O+!0E^ZD>MD0C4
MX1P5R\G>XIK=@=.\<1Z,IDR9TG1@MG7N@1Y;MSH.++2=&7@/UV0[&2"=L1;'
M("N2K,+NPA8Z]PJY0`_72,RG`HV_M)KP)*K2)=?1%C`3>'_+M!O+64U_@<S$
MT\#.8]&]D5#`)@08T#_S-`LF0JSEX`T,E`):E3$"1GK28#7_ZD0A<=(W)8@I
M4+CVH`/>]0LGA`%H8U/WX`,?0`(.T*T5P`$MUZ;5-,T'4`(O@$=RT0P=<+D6
MO0@D4P*8$#A)4:-G$8M;<C5B8P_]=K2#I1]YX:6^42@FP=NG\;:#90[15CO<
MD;^J44!11W64P?\&8R@PJH`_E*"-Z7$)24TMHU08R"([F<F*@%$^@URGVU)7
MR;$>IB((OXB.IC/@7]::G2#5\$AVD)P<`&``AQ`)W-!@`#&K[!&&B5HK.$>"
M^.08<[)`W-`/GYQ)N:E.?54<_I<,<L1>(-QGT\*.JB-MIJ&^6_T78I",O78:
MWR'%_6$?.X$'0<`SC[<,_F@HZ\4CDQ`6]#;=BYLCN:N[&!JA(8&+40*8A6L#
M&-03?M"5.M`.8V$V&J$#)U0!J[T+,X<:U2%;5:<N!Z!3Z%`5EC!")_`".IJI
M/($60ND''W(!)Q"(@7,R#N!Z2N`#!&%L_"(PD$`M(Z0#/U!Y2_4";6#_`[8P
MC%_V&W(S;6*&3+^!`5I!C=,!Y/=C&Y20"6P0GV)P%\VL&JH@+^O(&]\DO90A
M&$['F@V>+"UVXSU+C%NW%CF;.]>\ZS!::5_F<LFX/E\P!0/9"7G18*(!A-IE
M=,^RJD%!&+/4D!TW*!H04N!KFZ+\'2/<C/JA52?P6>^].O\M+5/:S9CDZYV,
M'N=`GG5PY+"P#L?`!CK<?<M@`YHP24MA#QLR05E^-3,$),'G!V&!K0)F#!4Z
M)%82-559KQAR`G>@`?UV8UWTE44`JE[`,M&"&:AQ+RV.,UF0MWX@:<;Q'I^@
M`ER@&BFWVBO2$UZ>`EN04"50!&-!W?T<?:R@80Q%B`&'I2Z:P@$O457=,`D1
MU1Z,(#O)\D^<(.JE,2AD=@*DP2SZZ<"GT@J'(9\_(3&+\7EUM0K%02WC<0C4
E)6:\S;.WPSV7P;."7$WM2RR.Q9LMQULY+<O)?F>U#"\H$`@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>h87073h8707302.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h87073h8707302.jpg
M_]C_X0V417AI9@``34T`*@````@`!P$2``,````!``$```$:``4````!````
M8@$;``4````!````:@$H``,````!``(```$Q``(````>````<@$R``(````4
M````D(=I``0````!````I````-``+<;````G$``MQL```"<0061O8F4@4&AO
M=&]S:&]P($-3-B`H5VEN9&]W<RD`,C`Q,CHQ,#HS,"`Q,3HU-SHT.0```Z`!
M``,````!``$``*`"``0````!````<J`#``0````!````>``````````&`0,`
M`P````$`!@```1H`!0````$```$>`1L`!0````$```$F`2@``P````$``@``
M`@$`!`````$```$N`@(`!`````$```Q>`````````$@````!````2`````'_
MV/_M``Q!9&]B95]#30`!_^X`#D%D;V)E`&2``````?_;`(0`#`@("`D(#`D)
M#!$+"@L1%0\,#`\5&!,3%1,3&!$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`$-"PL-#@T0#@X0%`X.#A04#@X.#A01#`P,#`P1$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,_\``$0@`>`!R`P$B``(1
M`0,1`?_=``0`"/_$`3\```$%`0$!`0$!``````````,``0($!08'"`D*"P$`
M`04!`0$!`0$``````````0`"`P0%!@<("0H+$``!!`$#`@0"!0<&"`4###,!
M``(1`P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,')9)3\.'Q8W,U
M%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34Y/2EM<75Y?56
M9G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'!P8%-0$``A$#
M(3$2!$%187$B$P4R@9$4H;%"(\%2T?`S)&+A<H*20U,58W,T\24&%J*R@P<F
M-<+21)-4HQ=D154V=&7B\K.$P]-UX_-&E*2%M)7$U.3TI;7%U>7U5F9VAI:F
MML;6YO8G-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`X*W^>M_XQ_\`U3E%2L_G
MK?\`C'_]4Y-*2EVL<[@*7I/F(3LM+=(E2:;K'M:QA)<?:!J2DI=E9C;J2?!;
M73/J?U/,+7VL?12[\Z(T_K/1L/"MPV,:*V_;+8EY;O<R?HLJ:?8Q_P#+6KBT
M/:\7Y#;,BX$ZVVN=][6^S>DI3OJ?TW$JG)<YS@>!89(_L,+50NZ;]6BXM:^^
MEW8BQM@'R>UBU,F[)+"^@!C(X&[3R_>61D-KR#[G!SS]%S==?SO:_P"EM24U
M,SH@8-V+:+6'C<-I^<+-?594=KVP?P^]:E3+ZK-C`+.YKU:3_4W>U)]=+B0Y
MQ;(U8\:3Y_\`DDE.4T2Y:5#1L0+L%U?Z2OW5]_$%3KG:DI/L:A65Z)`GQ5@,
M:6ZE)2+TQ_\`"Z$E;]%G_P`+X224_P#_T."L_GK?^,?_`-4Y("2BV8UGJ6NC
M3U'_`/5.3U`<1J$E(R"WW$:+M^B]&KZ9T9O5LU@^U9(!IK<-6-=_-C;^^[^<
M6)]7^FLZGU>C'>V:&'U<B>/39[B/[;O:NOR'NZO]9:\=VF'TU@M?7V-COYIK
MO^BDIM8'2VMK]2UOZ:T;M1J`?S?ZW[ZT&88J,;-]?<#^X^U'I:-VYRL%\#P"
M2G%S,+"L82QYK(&@$L</)<EU3"(MW-LU)G<\`'_/9M7>9%==P.YG/DL'J'3.
M"R1I]%)3R.^T#;?+F_O@:C^5HK#*:[V!U=DO/8DD$_\`5-W*Q?A65D[6@.['
MZ,_%#%>2UVY]1#R='AK3_P!*OZ22FNYSJ!M<3M//!:X=^?ST#(H]/]+2[?CO
M/M=^Z?W'C\U7\J\&HG+9IP2UL3_7E4F@U-(DFBX;#KN!!]S-?])7]))2#="F
MVXQ$HV/@.M\_@G?@.8=$E,Y=X_\`><DC_8G?_"^$DE/_T</[.',M,?GO_P"J
M*S6TCU'!;.Z*K/ZS_P#JBLJITW.24]']4J6U/<\F#<\5S_)9[S_TEN]`I<P9
M>78/TF9D/L_LCVL_\DN=Z'D"O(Q*^[W.W#R'_DEU]-M+F;VPRMLD?U9VM_ZE
M)3>:X[H`\Y[!2L#MA/&FJS;NO8F(?>WVQ(/!/R0!]9\*_0.VD^$1_5*2G2L<
M1<U@)UY@>2K9+6S)T$3JJSL\OR\;TY<VX'>[M&TM_P"^K.ZA]8<.DBP6"PN:
M!V)!'M=[4E-C(;N.FH^"HO8UL@"%5;]9\1T@MV_NQ)/]9W[J(WJV!?#?HN=V
MW?\`DPU)2')8'M+'ZM<(/P6%Z=V+N:07T-=!\B?HE=%8/:1\=4"MM3Z<ICM#
M:P`>$_F%)2+I@W-)8?:"0$2YCG6:GNJ_0R[;;/[Y$?`0K-Q<+!\4E-OT3_[)
M0DF]1W_LDDDI_]+'>3Z5G]9__5%9=!FQRTK=*;/ZS_\`JBLO&/Z1R2F[C9?V
M7(;<[BHAT^4C<N^86V.=75'I;&N#A]$!_NKVC\YSFK@Z6@TWF`XAH@.$C5VV
M5UO3:7T4MKKM(-U;+`_Z1F/0LC?N_.;]%)3D];ZIT6A]C*J;LZZL%C[7.V5M
M/YT:/<YS?WUSC<XV/<ZBHUM&DL<7?](A=ME5,:&T,HKVDQIR?WGO<WV[GH%'
M16VO>Z_]%6!)/.UK1[GZ)*0?5YEU_1\AS<=C\BFTL%MCB`&EN[;^<[?[ER-M
MCQ>^HL@;R"!KJ#KPO1NGX-73^CO>TEQS;!D.#NP('IL_[::Q<;UK"KJZC9D-
M<!5E/-M;1RUQ_G&0DIK_`+1S,>D5-H;L,?F:GXN;]%'JRG%H]7'%8=`-D2!_
M638S;'.`8&N'CRKX8\2'!H!'T6P0?[(W.24Q:,P![&7-V-`VM+)T(GZ6Y!NK
MS&V6/N+6-(`]0`F6Q^8S^2KK*_2;I^=J?NA1R\@&FRMTEU;-VO<'\]J2F'3P
MUL[';FN]P=XRGR'$/'Q0^GM+6M:>0T3\3JIV@&P2DI/ZA_\`9&4DM@_]D4DE
M/__3P\EP]&P3^<__`*HK*Q'>]WQ0[<QY?:W_`(1__5.0:[2PD^/*2G<PK65W
MS8W?4X%KV@P2#X?U5V>'6VW'I>'?HRW]'8PP03H_;_6_.8O-F9;@?!=A]3\Y
M]N#D4N,BFP.9Y;Q[A_G-24[%PR,7?9%=[!K[P6G_`*!VK.P/K%7DY[J>I-+<
M"FMUCJ,=I_2.:1L;<6?I'5M^DA]4S;?L]CCIV0_JR*J<8Y5T;[W%P'?:W1J2
MFSG?7'!?4*L:L[#.TD%NAX&UW[JQG9W3LH[+:7N+Q#3M]H\VE:'6,)F9<Q[:
MVL9WU`'X+*:UN,\L!E@X,RDI%TO)82:K`-[#`)`D@>*VQ:TLD1\``/R+G\UM
M55S,FEPA\![1R"KM5KH$GLDIT3[OX*OE-!_2NU:&"L#Q,[D]%IVB>VJ%EW.<
M&X[FD[[`X.'`:-4E,<"QLNEVO=.][3>W58EE[J<FT5NENXP1X2AG+LW;IX24
M]9[?'_M$DN>_:%GB?^3-WS224__4X*W^>M_XQ_\`U3E%&OH<VVT\_I'_`/5.
M04E*E:/0NINZ?U&NQQBBS]'>.VUVF_\`ZVY9R>)T\4E/H?5*66X%K1!<T2WS
M`0^F?5W&KP:KLESK;;AZCAN+6M#OS&M:LSZO9QR\8860[WUC:''NPZ-G^JNO
MJ;4*FC<8``D>22GGLZKHM#?39C/<?SG;W?WK*<WI]CPUN.YOE)789V+B$#<W
M<\Z:]UCY&)0#N'M'C*2G`S^G5/IW5C:]AW-\_)3J,,8#SMG[U?M;6002/`*F
M&!CSWC0?))39K,:?)9W7,LTVUUU'])LEQ\`3[5>J@$OL.UHESB>P&I*YC+S'
MY.79E#3>?8#V8-&-_P`U)3$N<3),D\II*/1;CVD,L`K>>"?HG_R*N'IS8E)3
M6_\`D4DKOV,>'_>;"22G_]7DKF[K+/\`C'_]4Y,,1KN0%"RYC;+"YP'Z1_\`
MU3E%W4FM$5,D^+DE-IO3V>"C;5BT";'@>7)^Y9]N=DVZ%^T>#=$'S[^*2G3Q
M.ITT9=9JK)8YP8\GDM<=OM:NILZGF=/)86^JS4M/!!'_`)%<7T[&LR^HXF-7
M].Z^MC?B7-7I'UPZ6ZK*LNJ!]*XE[2/WN+6_]^24\GF?67*M>##@UO`*KNZQ
MDW.WOD>0X0KZ_:3QY*NP^*2G0.8]Y`F)5AIAH<>^JS:8+MSC`;RM[I^+5L.?
MGGT\6D;]KNX'Y[Q_U#$E.9UNYV-T]E3O;?FB6L[B@'W6N_XY_LJ7/*UU3J-G
M4^H79MGM]0Q6S]VMOMJK_P`U5$E**M8F?;1%;R7T_N]Q_555()*>C^TT?Z5O
M_)F[Y)+(_P#D4DDI_];S^S^>M_XQ_P#U3E%9B22G4266DDIZ_P"I(8?K;TO?
MP+I'Q#7;5[)FXN-DT/KO(;61+BXQM(_PF\_17S8DDI]&ZQT]K+/U>,BJT.-5
MU/Z1CP#M.Q]<_P!IBSC]7NJL:'WU?9JS]$VF''^K2S?:[_-7%))*?0,#HKFV
M!]K'.`U!L&T?V:__`$HJ/UGZKZI_9M#IJK,W.'YSAPS^JQ<:DDITDEFI)*=)
M.LQ))3O?_(I)8*22G__9_^T5:%!H;W1O<VAO<"`S+C``.$))300$```````/
M'`%:``,;)4<<`@```@```#A"24T$)0``````$,W/^GVHQ[X)!7!VKJ\%PTXX
M0DE-!#H``````.4````0`````0``````"W!R:6YT3W5T<'5T````!0````!0
M<W138F]O;`$`````26YT965N=6T`````26YT90````!#;')M````#W!R:6YT
M4VEX=&5E;D)I=&)O;VP`````"W!R:6YT97).86UE5$585`````$```````]P
M<FEN=%!R;V]F4V5T=7!/8FIC````#`!0`'(`;P!O`&8`(`!3`&4`=`!U`'``
M``````IP<F]O9E-E='5P`````0````!";'1N96YU;0````QB=6EL=&EN4')O
M;V8````)<')O;V9#35E+`#A"24T$.P`````"+0```!`````!```````2<')I
M;G1/=71P=71/<'1I;VYS````%P````!#<'1N8F]O;```````0VQB<F)O;VP`
M`````%)G<TUB;V]L``````!#<FY#8F]O;```````0VYT0V)O;VP``````$QB
M;'-B;V]L``````!.9W1V8F]O;```````16UL1&)O;VP``````$EN=')B;V]L
M``````!"8VMG3V)J8P````$```````!21T)#`````P````!29"`@9&]U8D!O
MX````````````$=R;B!D;W5B0&_@````````````0FP@(&1O=6)`;^``````
M``````!"<F1456YT1B-2;'0```````````````!";&0@56YT1B-2;'0`````
M``````````!2<VQT56YT1B-0>&Q`<L````````````IV96-T;W)$871A8F]O
M;`$`````4&=0<V5N=6T`````4&=0<P````!09U!#`````$QE9G15;G1&(U)L
M=````````````````%1O<"!5;G1&(U)L=````````````````%-C;"!5;G1&
M(U!R8T!9````````````$&-R;W!7:&5N4')I;G1I;F=B;V]L``````YC<F]P
M4F5C=$)O='1O;6QO;F<`````````#&-R;W!296-T3&5F=&QO;F<`````````
M#6-R;W!296-T4FEG:'1L;VYG``````````MC<F]P4F5C=%1O<&QO;F<`````
M`#A"24T#[0``````$`$L`````0`"`2P````!``(X0DE-!"8```````X`````
M````````/X```#A"24T$#0``````!````'@X0DE-!!D```````0````>.$))
M30/S```````)```````````!`#A"24TG$```````"@`!``````````(X0DE-
M`_4``````$@`+V9F``$`;&9F``8```````$`+V9F``$`H9F:``8```````$`
M,@````$`6@````8```````$`-0````$`+0````8```````$X0DE-`_@`````
M`'```/____________________________\#Z`````#_________________
M____________`^@`````_____________________________P/H`````/__
M__________________________\#Z```.$))300(```````0`````0```D``
M``)``````#A"24T$'@``````!``````X0DE-!!H``````T4````&````````
M``````!X````<@````@`2``X`#<`,``W`#,`,``U`````0``````````````
M```````````!``````````````!R````>``````````````````````!````
M`````````````````````!`````!````````;G5L;`````(````&8F]U;F1S
M3V)J8P````$```````!28W0Q````!`````!4;W`@;&]N9P``````````3&5F
M=&QO;F<``````````$)T;VUL;VYG````>`````!29VAT;&]N9P```'(````&
M<VQI8V5S5FQ,<P````%/8FIC`````0``````!7-L:6-E````$@````=S;&EC
M94E$;&]N9P`````````'9W)O=7!)1&QO;F<`````````!F]R:6=I;F5N=6T`
M```,15-L:6-E3W)I9VEN````#6%U=&]'96YE<F%T960`````5'EP965N=6T`
M```*15-L:6-E5'EP90````!);6<@````!F)O=6YD<T]B:F,````!````````
M4F-T,0````0`````5&]P(&QO;F<``````````$QE9G1L;VYG``````````!"
M=&]M;&]N9P```'@`````4F=H=&QO;F<```!R`````W5R;%1%6%0````!````
M````;G5L;%1%6%0````!````````37-G951%6%0````!```````&86QT5&%G
M5$585`````$```````YC96QL5&5X=$ES2%1-3&)O;VP!````"&-E;&Q497AT
M5$585`````$```````EH;W)Z06QI9VYE;G5M````#T53;&EC94AO<GI!;&EG
M;@````=D969A=6QT````"79E<G1!;&EG;F5N=6T````/15-L:6-E5F5R=$%L
M:6=N````!V1E9F%U;'0````+8F=#;VQO<E1Y<&5E;G5M````$453;&EC94)'
M0V]L;W)4>7!E`````$YO;F4````)=&]P3W5T<V5T;&]N9P`````````*;&5F
M=$]U='-E=&QO;F<`````````#&)O='1O;4]U='-E=&QO;F<`````````"W)I
M9VAT3W5T<V5T;&]N9P``````.$))300H```````,`````C_P````````.$))
M3004```````$`````CA"24T$#``````,>@````$```!R````>````5@``*%`
M```,7@`8``'_V/_M``Q!9&]B95]#30`!_^X`#D%D;V)E`&2``````?_;`(0`
M#`@("`D(#`D)#!$+"@L1%0\,#`\5&!,3%1,3&!$,#`P,#`P1#`P,#`P,#`P,
M#`P,#`P,#`P,#`P,#`P,#`P,#`$-"PL-#@T0#@X0%`X.#A04#@X.#A01#`P,
M#`P1$0P,#`P,#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,_\``$0@`
M>`!R`P$B``(1`0,1`?_=``0`"/_$`3\```$%`0$!`0$!``````````,``0($
M!08'"`D*"P$``04!`0$!`0$``````````0`"`P0%!@<("0H+$``!!`$#`@0"
M!0<&"`4###,!``(1`P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,'
M)9)3\.'Q8W,U%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34
MY/2EM<75Y?569G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'
M!P8%-0$``A$#(3$2!$%187$B$P4R@9$4H;%"(\%2T?`S)&+A<H*20U,58W,T
M\24&%J*R@P<F-<+21)-4HQ=D154V=&7B\K.$P]-UX_-&E*2%M)7$U.3TI;7%
MU>7U5F9VAI:FML;6YO8G-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`X*W^>M_X
MQ_\`U3E%2L_GK?\`C'_]4Y-*2EVL<[@*7I/F(3LM+=(E2:;K'M:QA)<?:!J2
MDI=E9C;J2?!;73/J?U/,+7VL?12[\Z(T_K/1L/"MPV,:*V_;+8EY;O<R?HLJ
M:?8Q_P#+6KBT/:\7Y#;,BX$ZVVN=][6^S>DI3OJ?TW$JG)<YS@>!89(_L,+5
M0NZ;]6BXM:^^EW8BQM@'R>UBU,F[)+"^@!C(X&[3R_>61D-KR#[G!SS]%S==
M?SO:_P"EM24U,SH@8-V+:+6'C<-I^<+-?594=KVP?P^]:E3+ZK-C`+.YKU:3
M_4W>U)]=+B0YQ;(U8\:3Y_\`DDE.4T2Y:5#1L0+L%U?Z2OW5]_$%3KG:DI/L
M:A65Z)`GQ5@,:6ZE)2+TQ_\`"Z$E;]%G_P`+X224_P#_T."L_GK?^,?_`-4Y
M("2BV8UGJ6NC3U'_`/5.3U`<1J$E(R"WW$:+M^B]&KZ9T9O5LU@^U9(!IK<-
M6-=_-C;^^[^<6)]7^FLZGU>C'>V:&'U<B>/39[B/[;O:NOR'NZO]9:\=VF'T
MU@M?7V-COYIKO^BDIM8'2VMK]2UOZ:T;M1J`?S?ZW[ZT&88J,;-]?<#^X^U'
MI:-VYRL%\#P"2G%S,+"L82QYK(&@$L</)<EU3"(MW-LU)G<\`'_/9M7>9%==
MP.YG/DL'J'3."R1I]%)3R.^T#;?+F_O@:C^5HK#*:[V!U=DO/8DD$_\`5-W*
MQ?A65D[6@.['Z,_%#%>2UVY]1#R='AK3_P!*OZ22FNYSJ!M<3M//!:X=^?ST
M#(H]/]+2[?CO/M=^Z?W'C\U7\J\&HG+9IP2UL3_7E4F@U-(DFBX;#KN!!]S-
M?])7]))2#="FVXQ$HV/@.M\_@G?@.8=$E,Y=X_\`><DC_8G?_"^$DE/_T</[
M.',M,?GO_P"J*S6TCU'!;.Z*K/ZS_P#JBLJITW.24]']4J6U/<\F#<\5S_)9
M[S_TEN]`I<P9>78/TF9D/L_LCVL_\DN=Z'D"O(Q*^[W.W#R'_DEU]-M+F;VP
MRMLD?U9VM_ZE)3>:X[H`\Y[!2L#MA/&FJS;NO8F(?>WVQ(/!/R0!]9\*_0.V
MD^$1_5*2G2L<1<U@)UY@>2K9+6S)T$3JJSL\OR\;TY<VX'>[M&TM_P"^K.ZA
M]8<.DBP6"PN:!V)!'M=[4E-C(;N.FH^"HO8UL@"%5;]9\1T@MV_NQ)/]9W[J
M(WJV!?#?HN=VW?\`DPU)2')8'M+'ZM<(/P6%Z=V+N:07T-=!\B?HE=%8/:1\
M=4"MM3Z<ICM#:P`>$_F%)2+I@W-)8?:"0$2YCG6:GNJ_0R[;;/[Y$?`0K-Q<
M+!\4E-OT3_[)0DF]1W_LDDDI_]+'>3Z5G]9__5%9=!FQRTK=*;/ZS_\`JBLO
M&/Z1R2F[C9?V7(;<[BHAT^4C<N^86V.=75'I;&N#A]$!_NKVC\YSFK@Z6@TW
MF`XAH@.$C5VV5UO3:7T4MKKM(-U;+`_Z1F/0LC?N_.;]%)3D];ZIT6A]C*J;
MLZZL%C[7.V5M/YT:/<YS?WUSC<XV/<ZBHUM&DL<7?](A=ME5,:&T,HKVDQIR
M?WGO<WV[GH%'16VO>Z_]%6!)/.UK1[GZ)*0?5YEU_1\AS<=C\BFTL%MCB`&E
MN[;^<[?[ER-MCQ>^HL@;R"!KJ#KPO1NGX-73^CO>TEQS;!D.#NP('IL_[::Q
M<;UK"KJZC9D-<!5E/-M;1RUQ_G&0DIK_`+1S,>D5-H;L,?F:GXN;]%'JRG%H
M]7'%8=`-D2!_638S;'.`8&N'CRKX8\2'!H!'T6P0?[(W.24Q:,P![&7-V-`V
MM+)T(GZ6Y!NKS&V6/N+6-(`]0`F6Q^8S^2KK*_2;I^=J?NA1R\@&FRMTEU;-
MVO<'\]J2F'3PUL[';FN]P=XRGR'$/'Q0^GM+6M:>0T3\3JIV@&P2DI/ZA_\`
M9&4DM@_]D4DE/__3P\EP]&P3^<__`*HK*Q'>]WQ0[<QY?:W_`(1__5.0:[2P
MD^/*2G<PK65WS8W?4X%KV@P2#X?U5V>'6VW'I>'?HRW]'8PP03H_;_6_.8O-
MF9;@?!=A]3\Y]N#D4N,BFP.9Y;Q[A_G-24[%PR,7?9%=[!K[P6G_`*!VK.P/
MK%7DY[J>I-+<"FMUCJ,=I_2.:1L;<6?I'5M^DA]4S;?L]CCIV0_JR*J<8Y5T
M;[W%P'?:W1J2FSG?7'!?4*L:L[#.TD%NAX&UW[JQG9W3LH[+:7N+Q#3M]H\V
ME:'6,)F9<Q[:VL9WU`'X+*:UN,\L!E@X,RDI%TO)82:K`-[#`)`D@>*VQ:TL
MD1\``/R+G\UM55S,FEPA\![1R"KM5KH$GLDIT3[OX*OE-!_2NU:&"L#Q,[D]
M%IVB>VJ%EW.<&X[FD[[`X.'`:-4E,<"QLNEVO=.][3>W58EE[J<FT5NENXP1
MX2AG+LW;IX24]9[?'_M$DN>_:%GB?^3-WS224__4X*W^>M_XQ_\`U3E%&OH<
MVVT\_I'_`/5.04E*E:/0NINZ?U&NQQBBS]'>.VUVF_\`ZVY9R>)T\4E/H?5*
M66X%K1!<T2WS`0^F?5W&KP:KLESK;;AZCAN+6M#OS&M:LSZO9QR\8860[WUC
M:''NPZ-G^JNOJ;4*FC<8``D>22GGLZKHM#?39C/<?SG;W?WK*<WI]CPUN.YO
ME)789V+B$#<W<\Z:]UCY&)0#N'M'C*2G`S^G5/IW5C:]AW-\_)3J,,8#SMG[
MU?M;6002/`*F&!CSWC0?))39K,:?)9W7,LTVUUU'])LEQ\`3[5>J@$OL.UHE
MSB>P&I*YC+S'Y.79E#3>?8#V8-&-_P`U)3$N<3),D\II*/1;CVD,L`K>>"?H
MG_R*N'IS8E)36_\`D4DKOV,>'_>;"22G_]7DKF[K+/\`C'_]4Y,,1KN0%"RY
MC;+"YP'Z1_\`U3E%W4FM$5,D^+DE-IO3V>"C;5BT";'@>7)^Y9]N=DVZ%^T>
M#=$'S[^*2G3Q.ITT9=9JK)8YP8\GDM<=OM:NILZGF=/)86^JS4M/!!'_`)%<
M7T[&LR^HXF-7].Z^MC?B7-7I'UPZ6ZK*LNJ!]*XE[2/WN+6_]^24\GF?67*M
M>##@UO`*KNZQDW.WOD>0X0KZ_:3QY*NP^*2G0.8]Y`F)5AIAH<>^JS:8+MSC
M`;RM[I^+5L.?GGT\6D;]KNX'Y[Q_U#$E.9UNYV-T]E3O;?FB6L[B@'W6N_XY
M_LJ7/*UU3J-G4^H79MGM]0Q6S]VMOMJK_P`U5$E**M8F?;1%;R7T_N]Q_555
M()*>C^TT?Z5O_)F[Y)+(_P#D4DDI_];S^S^>M_XQ_P#U3E%9B22G4266DDIZ
M_P"I(8?K;TO?P+I'Q#7;5[)FXN-DT/KO(;61+BXQM(_PF\_17S8DDI]&ZQT]
MK+/U>,BJT.-5U/Z1CP#M.Q]<_P!IBSC]7NJL:'WU?9JS]$VF''^K2S?:[_-7
M%))*?0,#HKFV!]K'.`U!L&T?V:__`$HJ/UGZKZI_9M#IJK,W.'YSAPS^JQ<:
MDDITDEFI)*=).LQ))3O?_(I)8*22G__9.$))300A``````!5`````0$````/
M`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P````$P!!`&0`;P!B`&4`
M(`!0`&@`;P!T`&\`<P!H`&\`<``@`$,`4P`V`````0`X0DE-!`8```````<`
M"``!``$!`/_A=#MH='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O`#P_>'!A
M8VME="!B96=I;CTB[[N_(B!I9#TB5S5-,$UP0V5H:4AZ<F53>DY48WIK8SED
M(C\^(#QX.GAM<&UE=&$@>&UL;G,Z>#TB861O8F4Z;G,Z;65T82\B('@Z>&UP
M=&L](D%D;V)E(%A-4"!#;W)E(#4N,RUC,#$Q(#8V+C$T-38V,2P@,C`Q,B\P
M,B\P-BTQ-#HU-CHR-R`@("`@("`@(CX@/')D9CI21$8@>&UL;G,Z<F1F/2)H
M='1P.B\O=W=W+G<S+F]R9R\Q.3DY+S`R+S(R+7)D9BUS>6YT87@M;G,C(CX@
M/')D9CI$97-C<FEP=&EO;B!R9&8Z86)O=70](B(@>&UL;G,Z>&UP34T](FAT
M='`Z+R]N<RYA9&]B92YC;VTO>&%P+S$N,"]M;2\B('AM;&YS.G-T4F5F/2)H
M='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O<U1Y<&4O4F5S;W5R8V52968C
M(B!X;6QN<SIS=$5V=#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP+W-4
M>7!E+U)E<V]U<F-E179E;G0C(B!X;6QN<SIX;7`](FAT='`Z+R]N<RYA9&]B
M92YC;VTO>&%P+S$N,"\B('AM;&YS.GAM<%109STB:'1T<#HO+VYS+F%D;V)E
M+F-O;2]X87`O,2XP+W0O<&<O(B!X;6QN<SIX;7!'26UG/2)H='1P.B\O;G,N
M861O8F4N8V]M+WAA<"\Q+C`O9R]I;6<O(B!X;6QN<SII9%!R:78](FAT='`Z
M+R]N<RYA9&]B92YC;VTO>&UP+TEN1&5S:6=N+W!R:79A=&4B('AM;&YS.F1C
M/2)H='1P.B\O<'5R;"YO<F<O9&,O96QE;65N=',O,2XQ+R(@>&UL;G,Z<&1F
M/2)H='1P.B\O;G,N861O8F4N8V]M+W!D9B\Q+C,O(B!X;6QN<SIP:&]T;W-H
M;W`](FAT='`Z+R]N<RYA9&]B92YC;VTO<&AO=&]S:&]P+S$N,"\B('AM<$U-
M.DEN<W1A;F-E240](GAM<"YI:60Z130V1#@T-T(U.3(R13(Q,4%#-S9$1D,Q
M,CE%0S`Y048B('AM<$U-.D1O8W5M96YT240](GAM<"YD:60Z13,V1#@T-T(U
M.3(R13(Q,4%#-S9$1D,Q,CE%0S`Y048B('AM<$U-.D]R:6=I;F%L1&]C=6UE
M;G1)1#TB861O8F4Z9&]C:60Z:6YD9#HS,CDU-V9E,"TQ.&)B+3$Q93`M.3`W
M.2UF-S=C,#4R,V9D.3(B('AM<$U-.E)E;F1I=&EO;D-L87-S/2)P<F]O9CIP
M9&8B('AM<#I#<F5A=&5$871E/2(R,#$R+3$P+3$Y5#$R.C(T.C`V+3`U.C`P
M(B!X;7`Z36]D:69Y1&%T93TB,C`Q,BTQ,"TS,%0Q,3HU-SHT.2LP-3HS,"(@
M>&UP.DUE=&%D871A1&%T93TB,C`Q,BTQ,"TS,%0Q,3HU-SHT.2LP-3HS,"(@
M>&UP.D-R96%T;W)4;V]L/2)!9&]B92!);D1E<VEG;B!#4S4N-2`H-RXU+C(I
M(B!I9%!R:78Z1&]C0VAA;F=E0V]U;G0](C$T,#(B(&1C.F9O<FUA=#TB:6UA
M9V4O:G!E9R(@<&1F.E!R;V1U8V5R/2)!9&]B92!01$8@3&EB<F%R>2`Y+CDB
M('!D9CI4<F%P<&5D/2)&86QS92(@<&AO=&]S:&]P.D-O;&]R36]D93TB,R(@
M<&AO=&]S:&]P.DE#0U!R;V9I;&4](G-21T(@245#-C$Y-C8M,BXQ(CX@/'AM
M<$U-.D1E<FEV961&<F]M('-T4F5F.FEN<W1A;F-E240](GAM<"YI:60Z13,V
M1#@T-T(U.3(R13(Q,4%#-S9$1D,Q,CE%0S`Y048B('-T4F5F.F1O8W5M96YT
M240](GAM<"YD:60Z13,V1#@T-T(U.3(R13(Q,4%#-S9$1D,Q,CE%0S`Y048B
M('-T4F5F.F]R:6=I;F%L1&]C=6UE;G1)1#TB861O8F4Z9&]C:60Z:6YD9#HS
M,CDU-V9E,"TQ.&)B+3$Q93`M.3`W.2UF-S=C,#4R,V9D.3(B('-T4F5F.G)E
M;F1I=&EO;D-L87-S/2)P<F]O9CIP9&8B+SX@/'AM<$U-.DAI<W1O<GD^(#QR
M9&8Z4V5Q/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN
M<W1A;F-E240](GAM<"YI:60Z,#DX,#$Q-S0P-S(P-C@Q,3A!-D1#1C5!141"
M135$-48B('-T179T.G=H96X](C(P,3$M,#$M,3)4,#DZ,30Z,3@M,#8Z,#`B
M('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%
M=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I
M;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C!!.#`Q,3<T
M,#<R,#8X,3$X039$0T8U045$0D4U1#5&(B!S=$5V=#IW:&5N/2(R,#$Q+3`Q
M+3$R5#`Y.C$T.C$X+3`V.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B
M92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B]M971A9&%T82(O/B`\
M<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240]
M(GAM<"YI:60Z0S$R1$8Y,34R0C(P-C@Q,3A#,31$13<U.44W1C9%148B('-T
M179T.G=H96X](C(P,3$M,#(M,3%4,30Z-3(Z,S`M,#8Z,#`B('-T179T.G-O
M9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E
M9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D
M(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D,R,D1&.3$U,D(R,#8X,3$X
M0S$T1$4W-3E%-T8V145&(B!S=$5V=#IW:&5N/2(R,#$Q+3`R+3$Q5#$T.C4R
M.C,P+3`V.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG
M;B`W+C`B('-T179T.F-H86YG960](B]M971A9&%T82(O/B`\<F1F.FQI('-T
M179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z
M03@S,$5$0D(Q.3(P-C@Q,3A!-D1"-C=".30S0C`V,C(B('-T179T.G=H96X]
M(C(P,3$M,#@M,C54,3$Z-3<Z-#@M,#4Z,#`B('-T179T.G-O9G1W87)E06=E
M;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T
M861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II
M;G-T86YC94E$/2)X;7`N:6ED.D$Y,S!%1$)",3DR,#8X,3$X039$0C8W0CDT
M,T(P-C(R(B!S=$5V=#IW:&5N/2(R,#$Q+3`X+3(U5#$Q.C4W.C0X+3`U.C`P
M(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T
M179T.F-H86YG960](B]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO
M;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z0CDX0D(S-40R
M,3(P-C@Q,3A!-D1"-C=".30S0C`V,C(B('-T179T.G=H96X](C(P,3$M,#@M
M,C54,3(Z-3(Z,C8M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E
M($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@
M/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$
M/2)X;7`N:6ED.D,R.$)",S5$,C$R,#8X,3$X039$0C8W0CDT,T(P-C(R(B!S
M=$5V=#IW:&5N/2(R,#$Q+3`X+3(U5#$S.C`Q.C`X+3`U.C`P(B!S=$5V=#IS
M;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG
M960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E
M9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HU13@W,$(Q.3(Y,C`V.#$Q
M.$$V1$(V-T(Y-#-",#8R,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP."TR-50Q,SHT
M-SHT-RTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I
M9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI
M('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI
M:60Z0C`U-38Q,S4T,3(P-C@Q,3A!-D1"-C=".30S0C`V,C(B('-T179T.G=H
M96X](C(P,3$M,#@M,C54,38Z-#`Z,C,M,#4Z,#`B('-T179T.G-O9G1W87)E
M06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO
M;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V
M=#II;G-T86YC94E$/2)X;7`N:6ED.D(U,3)#,4)",#<R,#8X,3$X0S$T.48Q
M041",#<X-T,S(B!S=$5V=#IW:&5N/2(R,#$Q+3`X+3(V5#`Y.C0Q.C0P+3`U
M.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B
M('-T179T.F-H86YG960](B]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C
M=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z1C8V.#!"
M,3`P.#(P-C@Q,3A#,30Y1C%!1$(P-S@W0S,B('-T179T.G=H96X](C(P,3$M
M,#@M,C94,#DZ-#$Z-#`M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D
M;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B
M+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC
M94E$/2)X;7`N:6ED.D8T.#=!-C!#,$(R,#8X,3$X0S$T.48Q041",#<X-T,S
M(B!S=$5V=#IW:&5N/2(R,#$Q+3`X+3(V5#$P.C`S.C`S+3`U.C`P(B!S=$5V
M=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H
M86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S
M879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HR1C,Y-4)%-C$R,C`V
M.#$Q.$,Q-$5$-40W.$8V,C,W1B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TP.%0Q
M,#HS,SHQ,"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$
M97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F
M.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM
M<"YI:60Z,4$W.$,U,#`Q,S(P-C@Q,3A#,31%1#5$-SA&-C(S-T8B('-T179T
M.G=H96X](C(P,3$M,#DM,#A4,3`Z,S,Z-30M,#4Z,#`B('-T179T.G-O9G1W
M87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB
M+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S
M=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C,U0D0Q0SE$,S0R,#8X,3$X0S$T
M140U1#<X1C8R,S=&(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3`X5#$T.C,T.C,Q
M+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W
M+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%
M=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I&
M,CA!,#%"-#`Y,C`V.#$Q.$$V1$$Q,D)!,4)$-C!&,R(@<W1%=G0Z=VAE;CTB
M,C`Q,2TP.2TQ,E0P.#HT-#HP,2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N
M=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O;65T861A
M=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T
M86YC94E$/2)X;7`N:6ED.D,S13)%-D0Q,#DR,#8X,3$X039$03$R0D$Q0D0V
M,$8S(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$R5#`X.C0T.C`Q+3`U.C`P(B!S
M=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T
M.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N
M/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I#040V140Y,C,Q
M,C`V.#$Q.$,Q-$)%,4,P-D%!03!&0R(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ
M,U0Q-3HU-3HS-BTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@
M26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O;65T861A=&$B+SX@/')D
M9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X
M;7`N:6ED.D-",D(W-T(R,S$R,#8X,3$X0S$T0D4Q0S`V04%!,$9#(B!S=$5V
M=#IW:&5N/2(R,#$Q+3`Y+3$S5#$U.C4U.C,V+3`U.C`P(B!S=$5V=#IS;V9T
M=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960]
M(B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@
M<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HY1$0U,$5%-S$U,C`V.#$Q.$,Q
M-#@X0S8U1$%!1CDV,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-50Q,#HP-3HT
M,2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@
M-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T
M179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z
M.45$-3!%13<Q-3(P-C@Q,3A#,30X.$,V-41!048Y-C(B('-T179T.G=H96X]
M(C(P,3$M,#DM,354,3`Z,#4Z-#$M,#4Z,#`B('-T179T.G-O9G1W87)E06=E
M;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+VUE=&%D
M871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS
M=&%N8V5)1#TB>&UP+FEI9#I%-T,W-3<R0S$V,C`V.#$Q.$,Q-#@X0S8U1$%!
M1CDV,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-50Q,#HP-SHS."TP-3HP,"(@
M<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V
M=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO
M;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z1C@Y1$-$-T$Q
M-C(P-C@Q,3A#,30X.$,V-41!048Y-C(B('-T179T.G=H96X](C(P,3$M,#DM
M,354,3`Z,#DZ-#DM,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E
M($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@
M/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$
M/2)X;7`N:6ED.C4V-C8T,C<U-#@R,#8X,3$X0S$T.#A#-C5$04%&.38R(B!S
M=$5V=#IW:&5N/2(R,#$Q+3`Y+3$U5#$V.C`W.C,V+3`U.C`P(B!S=$5V=#IS
M;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG
M960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E
M9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I!-D)#-#8W-30X,C`V.#$Q
M.$,Q-#@X0S8U1$%!1CDV,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-50Q-CHP
M-SHS-BTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I
M9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O;65T861A=&$B+SX@/')D9CIL:2!S
M=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED
M.C`Y.#$R03@Y-#@R,#8X,3$X0S$T.#A#-C5$04%&.38R(B!S=$5V=#IW:&5N
M/2(R,#$Q+3`Y+3$U5#$V.C`X.C`Y+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G
M96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE
M=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z
M:6YS=&%N8V5)1#TB>&UP+FEI9#HP,#@P,3$W-#`W,C`V.#$Q.$,Q-$9%-$$V
M1C@X-T)%.2(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0P.#HT-3HP,2TP-3HP
M,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S
M=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C
M=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z.#)$,S$S
M-S0P-S(P-C@Q,3A#,31&131!-D8X.#="13DB('-T179T.G=H96X](C(P,3$M
M,#DM,394,#@Z-#4Z,#$M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D
M;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+VUE=&%D871A(B\^
M(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)
M1#TB>&UP+FEI9#I"0C-%03)&-S0R,C`V.#$Q.$,Q-#@P,$4X,$)$13,W-2(@
M<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0Q-#HU,3HR-BTP-3HP,"(@<W1%=G0Z
M<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N
M9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V
M960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z0D,S14$R1C<T,C(P-C@Q
M,3A#,30X,#!%.#!"1$4S-S4B('-T179T.G=H96X](C(P,3$M,#DM,394,30Z
M-3$Z,C8M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S
M:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+VUE=&%D871A(B\^(#QR9&8Z;&D@
M<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI
M9#HW1#4W1D,X,#0S,C`V.#$Q.$,Q-#@P,$4X,$)$13,W-2(@<W1%=G0Z=VAE
M;CTB,C`Q,2TP.2TQ-E0Q-#HU-3HQ-BTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!
M9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M
M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T
M.FEN<W1A;F-E240](GAM<"YI:60Z1D4U044S-$$T-#(P-C@Q,3A#,30X,#!%
M.#!"1$4S-S4B('-T179T.G=H96X](C(P,3$M,#DM,394,34Z,#`Z-34M,#4Z
M,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@
M<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA
M8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C`X-4)%
M,S1!-#0R,#8X,3$X0S$T.#`P13@P0D1%,S<U(B!S=$5V=#IW:&5N/2(R,#$Q
M+3`Y+3$V5#$U.C`R.C,T+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!
M9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A
M(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N
M8V5)1#TB>&UP+FEI9#I!.$8X.#E&-30T,C`V.#$Q.$,Q-#@P,$4X,$)$13,W
M-2(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0Q-3HP-3HT,BTP-3HP,"(@<W1%
M=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC
M:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB
M<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z138X,C<W,S@T-3(P
M-C@Q,3A#,30X,#!%.#!"1$4S-S4B('-T179T.G=H96X](C(P,3$M,#DM,394
M,34Z,#<Z,S0M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN
M1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D
M9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X
M;7`N:6ED.C8T-S%&0C(Q-#8R,#8X,3$X0S$T.#`P13@P0D1%,S<U(B!S=$5V
M=#IW:&5N/2(R,#$Q+3`Y+3$V5#$U.C$T.C`V+3`U.C`P(B!S=$5V=#IS;V9T
M=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960]
M(B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@
M<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HQ13!%0D$S0S0V,C`V.#$Q.$,Q
M-#@P,$4X,$)$13,W-2(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0Q-3HQ-#HU
M,"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@
M-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T
M179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z
M,48P14)!,T,T-C(P-C@Q,3A#,30X,#!%.#!"1$4S-S4B('-T179T.G=H96X]
M(C(P,3$M,#DM,394,34Z,34Z,C4M,#4Z,#`B('-T179T.G-O9G1W87)E06=E
M;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T
M861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II
M;G-T86YC94E$/2)X;7`N:6ED.C(P,$5"03-#-#8R,#8X,3$X0S$T.#`P13@P
M0D1%,S<U(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$V5#$U.C$X.C`T+3`U.C`P
M(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T
M179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T
M:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HV03(R1C-$
M-S0X,C`V.#$Q.$,Q-#@P,$4X,$)$13,W-2(@<W1%=G0Z=VAE;CTB,C`Q,2TP
M.2TQ-E0Q-3HS,SHS,"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O
M8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O
M/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E
M240](GAM<"YI:60Z-D(R,D8S1#<T.#(P-C@Q,3A#,30X,#!%.#!"1$4S-S4B
M('-T179T.G=H96X](C(P,3$M,#DM,394,34Z,S0Z,34M,#4Z,#`B('-T179T
M.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA
M;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A
M=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C4X-T)%0S`X,$8R,#8X
M,3$X039$.4)$0D0Y-D(W0D$V(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3(Q5#`Y
M.C$S.C0X+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E
M<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z
M;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP
M+FEI9#HU-D,Y04,W-S!&,C`V.#$Q.$$V1#E"1$)$.39"-T)!-B(@<W1%=G0Z
M=VAE;CTB,C`Q,2TP.2TR,50P.3HQ-CHU-"TP-3HP,"(@<W1%=G0Z<V]F='=A
M<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O
M.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T
M179T.FEN<W1A;F-E240](GAM<"YI:60Z-49#.4%#-S<P1C(P-C@Q,3A!-D0Y
M0D1"1#DV0C="038B('-T179T.G=H96X](C(P,3$M,#DM,C%4,#DZ,3<Z-3`M
M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N
M,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V
M=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C4Y
M-3`P-T$T,$8R,#8X,3$X039$.4)$0D0Y-D(W0D$V(B!S=$5V=#IW:&5N/2(R
M,#$Q+3`Y+3(Q5#`Y.C$X.C`X+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT
M/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D
M871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS
M=&%N8V5)1#TB>&UP+FEI9#HR-D-!-C4Q.#(R,C`V.#$Q.$$V1#E"1$)$.39"
M-T)!-B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TR,50Q,3HS,#HQ-2TP-3HP,"(@
M<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V
M=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO
M;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z,C@U0C=#,D(R
M,C(P-C@Q,3A!-D0Y0D1"1#DV0C="038B('-T179T.G=H96X](C(P,3$M,#DM
M,C%4,3$Z,S`Z-#<M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E
M($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@
M/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$
M/2)X;7`N:6ED.D4Q1$8S0C@R,T$R,#8X,3$X0S$T0S8S1#(S,D%$,C4S(B!S
M=$5V=#IW:&5N/2(R,#$Q+3`Y+3(V5#$U.C,Q.C,W+3`U.C`P(B!S=$5V=#IS
M;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG
M960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E
M9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HP.3@P,3$W-#`W,C`V.#$Q
M.$,Q-#@S134R,C-$,3!&12(@<W1%=G0Z=VAE;CTB,C`Q,2TQ,"TP-%0Q,3HT
M.3HS.2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I
M9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI
M('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI
M:60Z.40Y.$(X-S@P-S(P-C@Q,3A#,30X,T4U,C(S1#$P1D4B('-T179T.G=H
M96X](C(P,3$M,3`M,#14,3$Z-#DZ-#<M,#4Z,#`B('-T179T.G-O9G1W87)E
M06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO
M;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V
M=#II;G-T86YC94E$/2)X;7`N:6ED.D(R-T0W1$$Y,T0R,#8X,3$X0S$T0D8T
M,4,Q.#DT-39"(B!S=$5V=#IW:&5N/2(R,#$Q+3$P+3`W5#$T.C,Y+3`U.C`P
M(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T
M179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T
M:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I$0S4S0S!$
M1#0Q,C`V.#$Q.$,Q-$)&-#%#,3@Y-#4V0B(@<W1%=G0Z=VAE;CTB,C`Q,2TQ
M,"TP-U0Q-#HU-3HS,"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O
M8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O
M/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E
M240](GAM<"YI:60Z1D8W1C$Q-S0P-S(P-C@Q,3A#,31%,#9!,3!&-CA".#,B
M('-T179T.G=H96X](C(P,3$M,3`M,3!4,3,Z,S<Z-38M,#4Z,#`B('-T179T
M.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA
M;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A
M=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D%$0C4V.3@Q,#<R,#8X
M,3$X0S$T13`V03$P1C8X0C@S(B!S=$5V=#IW:&5N/2(R,#$Q+3$P+3$P5#$S
M.C,X.C$X+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E
M<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z
M;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP
M+FEI9#HP-#DP-$4U,#0Y,C`V.#$Q.$$V1$$R,C0W,S%$-T-&-R(@<W1%=G0Z
M=VAE;CTB,C`Q,2TQ,"TQ-%0Q-CHQ,3HP,BTP-3HP,"(@<W1%=G0Z<V]F='=A
M<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O
M;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V
M=#II;G-T86YC94E$/2)X;7`N:6ED.D1#13DT0S1&-$$R,#8X,3$X039$03(R
M-#<S,40W0T8W(B!S=$5V=#IW:&5N/2(R,#$Q+3$P+3$T5#$V.C$Q.C`R+3`U
M.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B
M('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z
M86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HS-#4P
M.30X1#1!,C`V.#$Q.$$V1$$R,C0W,S%$-T-&-R(@<W1%=G0Z=VAE;CTB,C`Q
M,2TQ,"TQ-%0Q-CHQ,CHT-BTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB
M061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T
M82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A
M;F-E240](GAM<"YI:60Z1D$S0C9$03$T03(P-C@Q,3A!-D1!,C(T-S,Q1#=#
M1C<B('-T179T.G=H96X](C(P,3$M,3`M,314,38Z,3,Z,C`M,#4Z,#`B('-T
M179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z
M8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX]
M(G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D9",T(V1$$Q-$$R
M,#8X,3$X039$03(R-#<S,40W0T8W(B!S=$5V=#IW:&5N/2(R,#$Q+3$P+3$T
M5#$V.C$S.C,V+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!)
M;D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR
M9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB
M>&UP+FEI9#I"1#)&1C1!,#,V,C`V.#$Q.$$V1#A$,C8Y-$4W-S(R,"(@<W1%
M=G0Z=VAE;CTB,C`Q,2TQ,"TR,%0Q-#HP.3HQ-RTP-3HP,"(@<W1%=G0Z<V]F
M='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D
M/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B
M('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z0S8R1D8T03`S-C(P-C@Q,3A!
M-D0X1#(V.31%-S<R,C`B('-T179T.G=H96X](C(P,3$M,3`M,C!4,30Z,#DZ
M,SDM,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N
M(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S
M=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED
M.C`Y.#`Q,3<T,#<R,#8X,3$X0S$T1D-%,$)!-S@T,T4U(B!S=$5V=#IW:&5N
M/2(R,#$R+3`Y+3(V5#`Y.C,U.C,S+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G
M96YT/2)!9&]B92!);D1E<VEG;B`W+C4B('-T179T.F-H86YG960](B\[+VUE
M=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z
M:6YS=&%N8V5)1#TB>&UP+FEI9#HP03@P,3$W-#`W,C`V.#$Q.$,Q-$9#13!"
M03<X-#-%-2(@<W1%=G0Z=VAE;CTB,C`Q,BTP.2TR-E0P.3HS-3HS,RTP-3HP
M,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXU(B!S
M=$5V=#IC:&%N9V5D/2(O;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I
M;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C,U,C%"13-$
M,$4R,#8X,3$X0S$T1#@Y,3(S,D(Q,3DU(B!S=$5V=#IW:&5N/2(R,#$R+3`Y
M+3(W5#$P.C4Y.C(V+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B
M92!);D1E<VEG;B`W+C4B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^
M(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)
M1#TB>&UP+FEI9#HS-C(Q0D4S1#!%,C`V.#$Q.$,Q-$0X.3$R,S)",3$Y-2(@
M<W1%=G0Z=VAE;CTB,C`Q,BTP.2TR-U0Q,#HU.3HR-BTP-3HP,"(@<W1%=G0Z
M<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXU(B!S=$5V=#IC:&%N
M9V5D/2(O;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D
M(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C,W,C%"13-$,$4R,#8X,3$X
M0S$T1#@Y,3(S,D(Q,3DU(B!S=$5V=#IW:&5N/2(R,#$R+3`Y+3(W5#$P.C4Y
M.C,W+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG
M;B`W+C4B('-T179T.F-H86YG960](B]M971A9&%T82(O/B`\<F1F.FQI('-T
M179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z
M0D)"0D5&-#,P13(P-C@Q,3A#,31$.#DQ,C,R0C$Q.34B('-T179T.G=H96X]
M(C(P,3(M,#DM,C=4,3`Z-3DZ,S<M,#4Z,#`B('-T179T.G-O9G1W87)E06=E
M;G0](D%D;V)E($EN1&5S:6=N(#<N-2(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T
M861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II
M;G-T86YC94E$/2)X;7`N:6ED.C=$,S4V-S=",C,R,#8X,3$X,#@S0C@R-4-%
M04$P13)!(B!S=$5V=#IW:&5N/2(R,#$R+3$P+3$R5#$R.C$P.C,Y+3`U.C`P
M(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C4B('-T
M179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T
M:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I&,D8P-S<W
M0S)#,C`V.#$Q.#`X,SDW,$$S-S!"-C0U,2(@<W1%=G0Z=VAE;CTB,C`Q,BTQ
M,"TQ-U0Q,CHT.#HU-2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O
M8F4@26Y$97-I9VX@-RXU(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O
M/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E
M240](GAM<"YI:60Z,$5%0S,U,CDP13(P-C@Q,3A#,31"03<U0S-$.$4W-D8B
M('-T179T.G=H96X](C(P,3(M,3`M,3A4,#DZ,C$Z,C$M,#4Z,#`B('-T179T
M.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N-2(@<W1%=G0Z8VAA
M;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A
M=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C-!,S$R0D(R,3`R,#8X
M,3$X0S$T0D$W-4,S1#A%-S9&(B!S=$5V=#IW:&5N/2(R,#$R+3$P+3$X5#`Y
M.C,W.C4P+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E
M<VEG;B`W+C4B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z
M;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP
M+FEI9#HX0D9"-#<P,S(Q,C`V.#$Q.$$V1$,Y-3=!0T8T.$9!."(@<W1%=G0Z
M=VAE;CTB,C`Q,BTQ,"TQ.50Q,3HS,#HQ-"TP-3HP,"(@<W1%=G0Z<V]F='=A
M<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXU(B!S=$5V=#IC:&%N9V5D/2(O
M.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T
M179T.FEN<W1A;F-E240](GAM<"YI:60Z.$-&0C0W,#,R,3(P-C@Q,3A!-D1#
M.34W04-&-#A&03@B('-T179T.G=H96X](C(P,3(M,3`M,3E4,3$Z,S`Z,C0M
M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N
M-2(@<W1%=G0Z8VAA;F=E9#TB+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z
M86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I&,C(S
M-S$X1#(Q,C`V.#$Q.$$V1$,Y-3=!0T8T.$9!."(@<W1%=G0Z=VAE;CTB,C`Q
M,BTQ,"TQ.50Q,3HS,#HR-"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB
M061O8F4@26Y$97-I9VX@-RXU(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T
M82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB8V]N=F5R=&5D(B!S=$5V=#IP
M87)A;65T97)S/2)F<F]M(&%P<&QI8V%T:6]N+W!D9B!T;R!A<'!L:6-A=&EO
M;B]V;F0N861O8F4N<&AO=&]S:&]P(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N
M/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I%,S9$.#0W0C4Y
M,C)%,C$Q04,W-D1&0S$R.45#,#E!1B(@<W1%=G0Z=VAE;CTB,C`Q,BTQ,"TS
M,%0Q,3HU-SHT.2LP-3HS,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@
M4&AO=&]S:&]P($-3-B`H5VEN9&]W<RDB('-T179T.F-H86YG960](B\B+SX@
M/')D9CIL:2!S=$5V=#IA8W1I;VX](F-O;G9E<G1E9"(@<W1%=G0Z<&%R86UE
M=&5R<STB9G)O;2!A<'!L:6-A=&EO;B]P9&8@=&\@:6UA9V4O:G!E9R(O/B`\
M<F1F.FQI('-T179T.F%C=&EO;CTB9&5R:79E9"(@<W1%=G0Z<&%R86UE=&5R
M<STB8V]N=F5R=&5D(&9R;VT@87!P;&EC871I;VXO=FYD+F%D;V)E+G!H;W1O
M<VAO<"!T;R!I;6%G92]J<&5G(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S
M879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I%-#9$.#0W0C4Y,C)%
M,C$Q04,W-D1&0S$R.45#,#E!1B(@<W1%=G0Z=VAE;CTB,C`Q,BTQ,"TS,%0Q
M,3HU-SHT.2LP-3HS,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@4&AO
M=&]S:&]P($-3-B`H5VEN9&]W<RDB('-T179T.F-H86YG960](B\B+SX@/"]R
M9&8Z4V5Q/B`\+WAM<$U-.DAI<W1O<GD^(#QX;7`Z4&%G94EN9F\^(#QR9&8Z
M4V5Q/B`\<F1F.FQI('AM<%109SI086=E3G5M8F5R/2(Q(B!X;7!'26UG.F9O
M<FUA=#TB2E!%1R(@>&UP1TEM9SIW:61T:#TB,C4V(B!X;7!'26UG.FAE:6=H
M=#TB,C4V(B!X;7!'26UG.FEM86=E/2(O.6HO-$%!45-K6DI29T%"06=%05-!
M0DE!040O-U%!<U5':'9D1SEZ84<Y=TE$375-04$T46ML3D$K,$%!04%!04)!
M05-!04%!045!)B-X03M!44))04%!04%104(O*S1!13!&:V(R2FQ!1U-!04%!
M04%154%!9T%$+SES06A!04M"=V-(0G=C2T)W8TM$9VM*0U$T4D1!<TQ$0D55
M)B-X03M%0D%114)!5451.%)%4D521'A%4D9X;V%':&-22'E%:$E3169+>3!T
M3%-S>4UJ27E-:DEY36I)>4%1<TI#431-1&@X6$9X.'))>#!J)B-X03M+>DER
M2WES<DUJ27E-:DEY36I)>4UJ27E-:DEY36I)*U!J-"M0:DI!445"05%%0D%1
M14)!445"05%%0D%114)!445$+W=!05)#045!)B-X03M!35%$05)%04%H14)!
M>$5"+SA10F]G04%!06-"05%%0D%104%!04%!04%!04)!541!9UE"04%C24-1
M;TQ!44%#06=-0D%114)!44%!)B-X03M!04%!04%!0D%!241"055'0G=G2D-G
M<U%!04E"07=-0T)!24="=TU%06=90V-W14-!>$5%04%5:$5J1D)545E465-*
M>&=247EK845()B-X03M&8D9#23A&4S!E17I&;4QW2DA+0SA35D1.1D]3;W)*
M:F,X23%20V54;S=-,D8Q4FMD35!3-&=G;6=W:TM'0FU%;$561W!,4E<P,55O
M)B-X03M'=DQJ.#A453504FQD65=6<&)81C%E6#%:;F%';'%A,GAT8FTY:F1(
M5C)D,V@U96YT.&98-2]C-%-&:&]E26E9<4QJ23)/:C1+5&Q*)B-X03M75VPU
M:5IM<'5C;EHV9FMQ3VMP86%N<4MM<7$V>71R<2MH14%!9TE"06=-1D)1449"
M9U%)07=.=$%104-%44U%25))>%%15E)%,D5I)B-X03M";D=":U1+:'-F055W
M9$AH23!)5E5M2GDX5$UK3D5/0T9P2E1*84IJ<W-)2&,Y23$T:U-$1C%35$-!
M:TM'0FMM3FM584HR4C!65&9Y)B-X03MO-U!$2T-N5#0O3T5L2U,P>$Y4:SE'
M5C%H6E=L=&-85C5F5D=6;5HR:'!A;71S8E<U=EI(5C)D,V@U96YT.&98-2]C
M-%-&:&]E26E9)B-X03MQ3&I),D]J-$]5;%IA6&U*;6%M-7ED;G`K4V\V4VQP
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M05901EAF-$TX)B-X03MN+SA!5F@P,R]P1&<O=T-Q94MU+W=:-5`O=T-R1'!V
M+T%%:'=F.54X5F0O9WIY9B]!3E=(5&8X07!$9R\V<#1Q-R]";FLO.$$V<T]M
M)B-X03LO=T132$(O,51X5C,K1%!*+W=$,5ED3B\V4310*W%E2W4O=UHU4#A!
M*W)$<'8O4TA"+S%4>%8S*T102B\O5F@P,R]P1&<O-G`T<3<O)B-X03M!05HU
M4"\V<T]M+SE)8T@O0494>%8S*T102B\O04999$XO-E$T4#A!<6YI<G8X1V54
M+SA!<7<V8B]W0DEC2"]64$989C1-.&XO=T16)B-X03MH,#,O04M1-%`K<65+
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M=D]8-55A,W)S:F%V66%S,G,S;'AE1D%K>D))8F4R3$]#1EIP2E`W<&A1:&8K
M)B-X03M"<C%68CAO9FQT<EAL>64T,6UZ1'EA;G!L-C!6<VMZ9E8T8C8P2455
M=31E4FMR>4Q+4W`V1'(R5EIR<"]L2%5R9&1.,5)R.%<K=C(P)B-X03M%9'1F
M>GAH<&],-DY+2U!R4WEE;3AJ:$)T2E9453$V8EEQ>3-&6%EQ-T9867%L6&U+
M,'5R>E1X1&%8,S9.:SE25SEF;54R06(T87%6)B-X03LV-'%X9B]$*W4O.$%5
M,$@O04M32E`K<6U+<6M8;&9Z2DU#669-8GE!8D5P3DLQ4'5K>%9F+VA(>E8O
M,4U%,R])>6(O;79&6&8T4C@Q)B-X03MF.51"3B]Y36TO-7)X5C,K169.6"]5
M=U1F.&I*=BMA.%9D+VA(>E8O,4U%,R])>6(O;79&6&8T4C@Q9CE40DXO>4UM
M+S5R>%8S*T5F)B-X03M.6"]5=U1F.&I*=BMA.%96669+=FUM4#%+*UE*4GI1
M<4MM4BMT4#4S*T@O5T<K2W%8*T5F3E@O57=49CAJ2G8K83A69"]H2'I6+S%-
M)B-X03M%,R])>6(O;79&6&8T4C@Q9CE40DXO>4UM+S5R>%8S*T5F3E@O57=4
M9CAJ2G8K83A66D8U9C`W54Y-<S-T.5-V1W8U5VQ,<DLW37A#)B-X03ML54%7
M<FMN<7!X5DY-5F1I<5,K5%`K55`P2"]T;3)F+T%#66IX5DI.4B],>4LK33%W
M;'=S1C@W4WE1,V%)4DI'>&1:-V8T9S%3235L)B-X03M$53<T<6QL+RM5<V1X
M.61H=&)U3TLR=4AT1V=34TIN36$R,%1W,&(Y-$9F6B]G-4M14&9&55,O-6%8
M1&E.5S%#2W-D-4I/6FAB4FE:)B-X03LT-5I)-51+-W)4+U,Q-%57641913!8
M9D979C1Q-T9867$W1E5*<4]M5T]R5R]W0E8Q0TPQ;U%W9FIY6F9I1F%'<4UP
M-S1Q;&8K0B]+)B-X03LO=T1Y=R\X04I78B]!2W$T<6U/;6%0<'5J>'9&<'-0
M;TI+47IJ:S<Q2490,C)B1E5D:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER
M)B-X03MS5F1I<G-64UAY6B]Y:"MG+W=$8DYS+RM4165+<#%I<G-69&ER<U9D
M:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5F1I)B-X03MR<U9D
M:7)S5F1I<G-64UAY6B]Y:"MG+SES,GHO04]4165+<#%I<G-69&ER<U9D:7)S
M5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D)B-X03MI<G-69&ER<U9D:7)S
M5F1I<G-64UAY6B]Y:"MG+W=$8DYS+RM4165+<#%I<G-69&ER<U9D:7)S5F1I
M<4=V<BLR,#9%6$8P>%=-<T9Q)B-X03M!5'5A*TAY>%9,+SA6-DPO04PY8B]G
M1R]P:7)V.%8V3"]V,78K06(K;4MT+S1Q,&(O9G)F.$$S.4U69"]I<E)V.2MT
M+W=$9C!X5C,K)B-X03M+9$<O,S8S+T%!1&8P>'!89C1P,&(O9G)F.$$S.4U6
M9"]I:E(O=T1F<F8X04%.+U1&5R\X56%0+T%,.6(O9T<O<&ER=CA4-E`O=C%V
M)B-X03LK06(K;4MU+WA0;R\K+U<O-$)V-EDP<F8K2G1)+W="*W0O=T1F,'A6
M,RM*=$DO,S8S+T%.+U1';&0O:5A39CA!9FIF.$$S.4U68B]X)B-X03M*<%`K
M+T<O-$)V-EEQ:3=,56)854$U=%=,0T]G86])-CE/=GEX5D99<6MV:WHO;$0Y
M0B\W6G1N+T%-;4DX5E1R1EA9<3=&6%EQ-T98)B-X03M9<3=&56@X-&(V4W8O
M1UIF,5!I1EE25$-H=6U+=#!X5G9J:7)F2$97-EEQ,U1&5S99<30P545S44%/
M<$]W>%8P8GAY4#9C8D)M,TY")B-X03MV<T)5+V=-5E9/3TMT:&-68D,T<3)&
M>%9K,VQ-55,V*V%F.$%',DI3>4A!<5,K5%`K55`P2"]T;3)F.$%Y66IX5D]S
M5F1I<G-69&ER)B-X03MS5F1I<G-64TQZ8TLV578O04)M6#E466A71CAC2T<K
M3TMT,'A6=6U+=&AC5F)#-'$S>'A6>D95574R=U5%:RMW>%9)=%%V;G4S1G9%
M)B-X03M+25-#4C-O93=9<79H=6TP-F5#-&I.4%-99D18-U$V169D,7A64%DU
M5&-&-6%B1G%H;"MY43-X3%0V35963T]+=&AC5F(T-'%Y4'ES)B-X03M+2F,O
M3E`X06IB055P+VEQ4RM44"M54#!(+W1M,F8X07E9:GA63W-69&ER<U9D:7)S
M5F1I<G-64U1Z6G9P82\X6E8O53)+<TXT-%5.)B-X03MH8U9B-#1Q,D9X5G9J
M:7)F2$96=UA&541Q:R]O=V5I=$]C,5)1+WDY.%934S-J;WAL66AT<4$O<GA6
M=6)J8TTP1%4K06-G<#)9,3-0)B-X03M%*U`K5&EQ86%)6&5#3T%-4#-,03%5
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M35`Y:C%X5DMR-WI,84QA,7-7-7I.=#A12SAA9RM),T]+<V-.>%!)>D]X;W4Y
M5S,K6DER,7A6)B-X03MP2FYK3&MT441T,4Y",7A66F,S:6HY,T=144YY9D1F
M=&EQ2W1B,EAG5FQ0<5)!,614=59*1S5R*W9&5E=D2DQC:G!646%'=%%A8DAC
M)B-X03MF9FEQ<%HV>F0R2U-&4W!$0V]&2S!)-E8K9F9&53=7.4XQ2#9S6$5/
M1DUH0S%Q;TA%;7`W,&]C5E%.-W)/;U)4.#1'2#=Y=7I%+T1U)B-X03MD='9W
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M;D958G`X,&I,2D%R96Y3:DE/,TQO45-/;U!H:7%A0S1T2F)C4E0O=4)+4V]"
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M:7%*0SA!3T]X3DLO<7A1<'I59VI,5G)*=GA9-VYB1E5'9UI)6&QA9UDY4'`R
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M52]+-U0P+S0O<&HS,U)C5EA(.'-R22\X9C`S+T%!2S1Q<'DO;%I:>7-'3V]Z
M3%1955)-5F$O-594<#5!5G(K6F=0.$%)6$98)B-X03M3+VQ6651#:'8U9U!!
M275+<4DO2TQ445-W,4-E<"]Y1GA6<V9L2G`T-F%H3B]W04%M2W)4*U5';D4Q
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M.4MZ+SE48VXO)B-X03M!16EN+VUN1EAF<%=F+W%B:R\V4E0O>E1I<G8P<E`X
M03E48VXO4TMF*V%C5F0K;%HO=T1Q8FLO-E)4+WI4:7%*<TI.53%/8S(Q:#5P
M)B-X03M7955+6#1I,G`X27!5+T5"-#1Q>6)2-TQ68DY:4G%L+SEF3&M'32MM
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M-DUP<40Y27A6)B-X03MD:7)S5F1I<G-69&ER<U9D:7)S5F1I<5,K5%`K55`P
M2"]T;3)F+TII4$95-GA6,DMU>%8R2W5X5C)+=7A62G9.1456>'!G:FQS6F13
M)B-X03M8,590;U%S5F%T1RM+<3EH:7)%4#!862\Y4W)F9CAJ<%`K86-69"MI
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M5DYS5F1I<G-69&ER<U9D:7)S5F1I<G-64UAY6B]W06]F;U`O)B-X03M!1WIB
M4"]K>$AI<619<3=&6%EQ-T9867$W1EA9<6QF;4,T=6)A=T5L<F51869*-FEJ
M,7)M;D-L1#A/-$\U>%9J6#97,78O<5I.32LU)B-X03MF*W%E2W4O4S)T+SE4
M2G!N,TPO,51X5C,V5S%V+W%:3DTK-68K<65+=2]3,G0O.$%5>6%:.7DO.54X
M5E)&:')..4AE4E!Q4&U$5'!R)B-X03M512MP2$=61$553DM(9T\K2W`Y+VE4
M45`K<FIB+W=$27AF-C1Q-R]%;6=F.5A',R]!3U)I+W="8U9D+VE445`K<FIB
M+T%027AF-C1Q)B-X03LW+T5M9V8X059X="\K4FDO,7A6,RM*3D$O=T-R:F(O
M.&I&+W)I<G8X4V%"+S%C8F8O:UEV.6-69"]I5%%0*W)J8B\X04EX9C8T<6EB
M)B-X03M05710,41N.5)U23=N,#9C+U193G@U5G!7;FI41E56:7)S5F1I<5,K
M5%`X06Q$.4(O=T,R8EHO.&U).%94<D9867$W1EA9<3=&6%EQ)B-X03LW1E5R
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M051&6&8T8C!$+W$S5R]W1'E,6"MM2V]M>C`S5#E0-2]58F5/,CE3;E`P,4,X
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M>%8R2W5X5C)+=7A6,DMP3#5-+W=#55`P2"]!3%IT;B]Y66IX5D]S5F1I<G-6
M9&ER<U9D:7)S)B-X03M69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-6
M9&ER<U9D:7)S5F1I<5,K5%`K55`P2"]T;3)F.$%Y66IX5D]S5F1I<G-69&ER
M)B-X03MS5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER
M<U9D:7)S5F1I<5,K5%`X06Q$.4(O=T,R8EHO.&U).%94<D98)B-X03M9<3=&
M6%EQ-T9867$W1E5&<70Q9C)L<4ID3W10<C`S240P=5E4-%17<E9/2W!.*VY0
M3FXO04994"MN:$U69"MN4$YN+T%&65`K;FA-)B-X03M69"MN4$YN+T%&65`K
M;FA-5F0K;E!.;B]!1EE0*VYH359D*VY03FXO04994"MN:$U69"MN4$YN+T%&
M65`K;FA-5F0K;E!.;B]!1EE0)B-X03LK;FA-5F0K;E!.;B]!1EE0*VYH3596
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M,E8U<4UI='AK5S%T,F9H=D@X)B-X03M6949#2U`R,SEU=$96165B8G!B1W=V
M6DY/=F@Y9E)P5VEJ:#5V07%/:5`V;T9+14LO2VYE:'!U3598860U<75T4FQT
M63!S3'E%6%5K)B-X03MC8E!.05573&YB<F-L;5IL05!&>3!2<"LP=4MQ.7HU
M9W9B9E9O3DQ&:&542D]9>#ED:FA$5S8X*T9E5$M3=S0X-FUO<#<T<6=O+T]6
M)B-X03LP-VU.=$LQ2E<U<V=0,6%Q3GAK84]O9G!39S5(=TAY>%9%:GI.9695
M-$QY5%1R-E`Q;S-K844R-6%20VMG:31S<U-V=5%E6'DV5C=+)B-X03MO565D
M3&XV>4E',')55E%J:UI48F)!97%9+VE8-U$O9&9V9FMA9F$R>%94;3@V87!&
M87<S9S!A.3E/9$AC239"6E5+1U9E1'@X5%)M)B-X03M-6'<P2D<T4%1O<7EY
M3F)I4TY*1$QX3$M'<'A',5)7;4MQ<V%U=&5B."]$64-M2W(X5E-8>5HO>6@K
M9R\Y<S)Z+W=#5$5E2W`Q:7)S)B-X03M69&ER<U9D:7)S5F1I<G-69&ER<U9D
M:7)S5F1I<G-69&ER<U9D:7)S5F1I<G-69&ER<U9D:7)S5F8O+UHB+SX@/"]R
M9&8Z4V5Q/B`\+WAM<#I086=E26YF;SX@/"]R9&8Z1&5S8W)I<'1I;VX^(#PO
M<F1F.E)$1CX@/"]X.GAM<&UE=&$^("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M/#]X<&%C:V5T(&5N9#TB=R(_/O_B#%A)0T-?4%)/1DE,10`!`0``#$A,:6YO
M`A```&UN=')21T(@6%E:(`?.``(`"0`&`#$``&%C<W!-4T94`````$E%0R!S
M4D="```````````````!``#VU@`!`````-,M2%`@(```````````````````
M````````````````````````````````````````````$6-P<G0```%0````
M,V1E<V,```&$````;'=T<'0```'P````%&)K<'0```($````%')865H```(8
M````%&=865H```(L````%&)865H```)`````%&1M;F0```)4````<&1M9&0`
M``+$````B'9U960```-,````AG9I97<```/4````)&QU;6D```/X````%&UE
M87,```0,````)'1E8V@```0P````#')44D,```0\```(#&=44D,```0\```(
M#&)44D,```0\```(#'1E>'0`````0V]P>7)I9VAT("AC*2`Q.3DX($AE=VQE
M='0M4&%C:V%R9"!#;VUP86YY``!D97-C`````````!)S4D="($E%0S8Q.38V
M+3(N,0``````````````$G-21T(@245#-C$Y-C8M,BXQ````````````````
M``````````````````````````````````````````````````!865H@````
M````\U$``0````$6S%A96B``````````````````````6%E:(````````&^B
M```X]0```Y!865H@````````8ID``+>%```8VEA96B`````````DH```#X0`
M`+;/9&5S8P`````````6245#(&AT='`Z+R]W=W<N:65C+F-H````````````
M```6245#(&AT='`Z+R]W=W<N:65C+F-H````````````````````````````
M`````````````````````````````````&1E<V,`````````+DE%0R`V,3DV
M-BTR+C$@1&5F875L="!21T(@8V]L;W5R('-P86-E("T@<U)'0@``````````
M````+DE%0R`V,3DV-BTR+C$@1&5F875L="!21T(@8V]L;W5R('-P86-E("T@
M<U)'0@````````````````````````````!D97-C`````````"Q2969E<F5N
M8V4@5FEE=VEN9R!#;VYD:71I;VX@:6X@245#-C$Y-C8M,BXQ````````````
M```L4F5F97)E;F-E(%9I97=I;F<@0V]N9&ET:6]N(&EN($E%0S8Q.38V+3(N
M,0``````````````````````````````````=FEE=P``````$Z3^`!1?+@`0
MSQ0``^W,``03"P`#7)X````!6%E:(```````3`E6`%````!7'^=M96%S````
M``````$````````````````````````"CP````)S:6<@`````$-25"!C=7)V
M````````!``````%``H`#P`4`!D`'@`C`"@`+0`R`#<`.P!``$4`2@!/`%0`
M60!>`&,`:`!M`'(`=P!\`($`A@"+`)``E0":`)\`I`"I`*X`L@"W`+P`P0#&
M`,L`T`#5`-L`X`#E`.L`\`#V`/L!`0$'`0T!$P$9`1\!)0$K`3(!.`$^`44!
M3`%2`5D!8`%G`6X!=0%\`8,!BP&2`9H!H0&I`;$!N0'!`<D!T0'9`>$!Z0'R
M`?H"`P(,`A0"'0(F`B\".`)!`DL"5`)=`F<"<0)Z`H0"C@*8`J("K`*V`L$"
MRP+5`N`"ZP+U`P`#"P,6`R$#+0,X`T,#3P-:`V8#<@-^`XH#E@.B`ZX#N@/'
M`],#X`/L`_D$!@03!"`$+00[!$@$501C!'$$?@2,!)H$J`2V!,0$TP3A!/`$
M_@4-!1P%*P4Z!4D%6`5G!7<%A@66!:8%M07%!=4%Y07V!@8&%@8G!C<&2`99
M!FH&>P:,!IT&KP;`!M$&XP;U!P<'&0<K!ST'3P=A!W0'A@>9!ZP'OP?2!^4'
M^`@+"!\(,@A&"%H(;@B"")8(J@B^"-((YPC["1`))0DZ"4\)9`EY"8\)I`FZ
M"<\)Y0G["A$*)PH]"E0*:@J!"I@*K@K%"MP*\PL+"R(+.0M1"VD+@`N8"[`+
MR`OA"_D,$@PJ#$,,7`QU#(X,IPS`#-D,\PT-#28-0`U:#70-C@VI#<,-W@WX
M#A,.+@Y)#F0.?PZ;#K8.T@[N#PD/)0]!#UX/>@^6#[,/SP_L$`D0)A!#$&$0
M?A";$+D0UQ#U$1,1,1%/$6T1C!&J$<D1Z!('$B8211)D$H02HQ+#$N,3`Q,C
M$T,38Q.#$Z03Q1/E%`84)Q1)%&H4BQ2M%,X4\!42%3055A5X%9L5O17@%@,6
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M)#=@-YPWUS@4.%`XC#C(.04Y0CE_.;PY^3HV.G0ZLCKO.RT[:SNJ.^@\)SQE
M/*0\XSTB/6$]H3W@/B`^8#Z@/N`_(3]A/Z(_XD`C0&1`ID#G02E!:D&L0>Y"
M,$)R0K5"]T,Z0WU#P$0#1$=$BD3.11)%546:1=Y&(D9G1JM&\$<U1WM'P$@%
M2$M(D4C721U)8TFI2?!*-TI]2L1+#$M32YI+XDPJ3'),NDT"34I-DTW<3B5.
M;DZW3P!/24^33]U0)U!Q4+M1!E%049M1YE(Q4GQ2QU,34U]3JE/V5$)4CU3;
M52A5=57"5@]67%:I5O=71%>25^!8+UA]6,M9&EEI6;A:!UI66J9:]5M%6Y5;
MY5PU7(9<UETG77A=R5X:7FQ>O5\/7V%?LV`%8%=@JF#\84]AHF'U8DEBG&+P
M8T-CEV/K9$!DE&3I93UEDF7G9CUFDF;H9SUGDV?I:#]HEFCL:4-IFFGQ:DAJ
MGVKW:T]KIVO_;%=LKVT(;6!MN6X2;FMNQ&\>;WAOT7`K<(9PX'$Z<95Q\')+
M<J9S`7-=<[AT%'1P=,QU*'6%=>%V/G:;=OAW5G>S>!%X;GC,>2IYB7GG>D9Z
MI7L$>V-[PGPA?(%\X7U!?:%^`7YB?L)_(W^$?^6`1X"H@0J!:X'-@C""DH+T
M@U>#NH0=A("$XX5'A:N&#H9RAM>'.X>?B`2(:8C.B3.)F8G^BF2*RHLPBY:+
M_(QCC,J-,8V8C?^.9H[.CS:/GI`&D&Z0UI$_D:B2$9)ZDN.339.VE""4BI3T
ME5^5R98TEI^7"I=UE^"83)BXF229D)G\FFB:U9M"FZ^<')R)G/>=9)W2GD">
MKI\=GXN?^J!IH-BA1Z&VHB:BEJ,&HW:CYJ16I,>E.*6IIAJFBZ;]IVZGX*A2
MJ,2I-ZFIJARJCZL"JW6KZ:Q<K-"M1*VXKBVNH:\6KXNP`+!UL.JQ8+'6LDNR
MPK,XLZZT);2<M1.UBK8!MGFV\+=HM^"X6;C1N4JYPKH[NK6[+KNGO"&\F[T5
MO8^^"KZ$OO^_>K_UP'#`[,%GP>/"7\+;PUC#U,11Q,[%2\7(QD;&P\=!Q[_(
M/<B\R3K)N<HXRK?+-LNVS#7,M<TUS;7.-LZVSS?/N-`YT+K1/-&^TC_2P=-$
MT\;42=3+U4[5T=95UMC77-?@V&38Z-ELV?':=MK[VX#<!=R*W1#=EMX<WJ+?
M*=^OX#;@O>%$X<SB4^+;XV/CZ^1SY/SEA.8-YI;G'^>IZ#+HO.E&Z=#J6^KE
MZW#K^^R&[1'MG.XH[K3O0._,\%CPY?%R\?_RC/,9\Z?T-/3"]5#UWO9M]OOW
MBO@9^*CY./G'^E?ZY_MW_`?\F/TI_;K^2_[<_VW____N``Y!9&]B90!D0```
M``'_VP"$``$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$"`@("`@("`@("`@,#`P,#`P,#`P,!`0$!`0$!`0$!`0("`0("`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`__``!$(`'@`<@,!$0`"$0$#$0'_W0`$``__Q`"+```"`@,!`0`#````````
M```'"`8)!`4*`P(``0L!`0`````````````````````0``$$`0($`P4$!`L#
M#0````$"`P0%!A$'`"$2$S$B"$%183(4(Q46"7$S%SF!D:%"4E,T5#:V.'*"
M=['!T?&2HB1D-296=JD1`0````````````````````#_V@`,`P$``A$#$0`_
M`.1[)?\`%^=_\0]PO\ZWOP/`:SMJ5IH"3[M=#I[_`#<!N*ZGL)Y"(<5;BB#J
MLGI;'M'4L\N?LX#9IQFX[R65L):4?YZU_9Z^[J`//ES]W`3:KHGFXY@-JDO2
M7W4M/"O4I!=6I72VPTOYM>I0*M/F\.`L[]-?Y0/J9WH=IKG+<6S/;?"+933Z
M[)VH;J'4USB6E,RUV>4N0:Z<]8=X=B.T7EK'4H]"4@D+1)OY07IOV8Q5;VY]
MW=W=A`DA\0H^ZTZ-93H#JU)<=F.XWB$^GAOO,H(;9BR5AGJ"E]2>`47+?3;^
M6M-GR*RJR/?G;NV*5"$_&W*PW<>JA+#I[/U4&_H<;G3VWF5!([92L*!\>6H*
MMN]Z)F:=O[VVIS^!G6./.-"O^_J\T%TTLM]/9L%0OJ8`=[YT;[*%AQ!ZM>D$
M\`EEMBUYBLA4"^K'J^1U%A"E]M^&^XTLH7]'/C*=ARDA:=/(LJ^`X#65L0O6
M+:`/*74HZO\`F/P_1P#LX)5Q&Z=?4M(4E#+8T5H0-`K4GV=9\->`E:Z>`I*M
M!S.OF#A\2/;ST)!\/=P$%R#'0EI2@5%*QIU=1"?-X_+RY_#GP&]^XV?Z*OW:
M_P!-X_S??X?-P'__T.1_)/\`&&=?\1-P?\ZWW`8B'3R/0K7G_-)'\?Z.`EU+
ME;U4E+*H0D-<R`E0;<ZBD@'0@C33V>W@)%"E9?DUS555'02YDZTE]FJKX<9^
M9,F/E"W%(:::2IQ]8;25=*1X#@+A=H]FLDV0IJ"!%Q''AOQF;U8X_DTK'&L]
MR?`V9J#*IZ#!Z:P9DXMBV12U'JFSY;#[Z%@`=*$#4+`-K<+MZJVA9]N96;A;
MLY\Q)F=N=N)O1E.4?3!E+J'W;"LJ&Y5`Q?O,'[**7T?3MD*0E"^0"?;C9CN8
M]2/76"0(U%2"-)*XT-[.I,F@#L=$IZ`'5]ZTB,(T2>\M,AAP=0Y::\!7)N%7
M8YN(_P!RULXEGD,QL+J;.FE(FOILV7`Q<QW:B_+DNX?K):>D,.J;"VG`I"@G
M30`OC-5G&*7QH::+79@I27I,C#FW9U!82UOH4R\W00K5<BG,]AO4*1'4AX$Z
M-$<B`]+;'L2MI$N-:V=M4KGPW4S\>S.J?;@M6:%?V>>^IA^1!9+0*!.4IU;+
MW:2IS11*0`>6['V&+K_$>..2+C%.^IJ7UH4J?22VTI<>B.A:R],1&;*2M0+A
M2#UI6M!!`26B6\FO5T.JZ%):3TA9"2`D*3\IT(]WCP&YBRY>J6S(<Z2X.I'7
MR/F`'M.@TX`OQ:B'-K4!Z0D:^13:^DD\OFU)U`)]H]G`$;\'4O\`6M?N]?IO
MUI_L_P#2_P!CX^/`?__1Y(LBU.8YUIX_M#W!\?\`[K?>'^Z>`\X[:W76T!!4
M2L`A()/,CEX<!NI<216I7/D15-1VT./.NN("4-,M(ZUK6K0A(2E.IU]G`=3O
MHM]'6.^E7T<TOK)WRQV`WO)N]65%KMWBF15[TF?A6*9(%+PR`S5JZ51\EO*U
ME5K):"52'"]&9*4M-K40MHV#]+]77X\SDN8UB$Y]FL,W#C4B(&9]!7W*6ULU
MDII#A4JYEL$+L)!6M6@#2>E(*2#=4FT,7#W$0U8W]_8WV6A81X#4=M:%$%8E
MMP)[*ZIX:$`Q3HI0&J5H/``'>39?9K)*B>[2Y3*Q>='@K1%KH$J?@][$(<<<
M57I+Y6TPEQ:U?8!YY*T>5L=13J'/!ZG-E94+)G;*LRV.J6_+1+1:9565=+<M
M/ML*2U&1D^-NU8G.QEL@I?=84\=0%E>A3P"?.7.51(HJL]:FW=:VZ\]^)X-5
M+>E5""I';M)$B%W&%LI(!ZT)97UK[G2E7-0&*EPW'\\IF9V/9HT_D+ZG4+B3
M9DVVK+*6G5P2'Y#+C-I1V-M'2`.GJ`7\Z%:`<!#;&QFX)&156$NW13S"PB0>
MF':XWD=:I]1L&5IL?IVX.30^VI(;2*Y^4$I&A6D``*MP<)1C+B\MPFS<R7:J
M^L$-5=TRTIAW'[=]/>3BV105D2:FQ4C5;#;B=%H&B5KT!(0!NQ4R.I2]"""3
MU:>[^/7@)3#RR6MIIE+^@&J>H$'R\M![=.`.OU4S^_._NYN]^M/ZS^M\?F^/
M`?_2Y9+S;F__`!)F\\L`LKS[<%SDEPZ).9WJP>OIZ?,D_HUX#[Q9N,APQW(B
MS(CODNDH)Z.C4:%1'E40>`L@_+\].%1ZJ?5MM1MS?U*96V^.R7MT-WS(2XF#
M^SK`.U;V$"8IM*E+&16:8L)#0&LCNJ;'(G@.C?<&[L_6G^91ANW5FAYG8?T>
M8?#W&RK$4-%BFG[EWO;C813VYC*#<IZ+'9@MA@:)C18;B>@%:N`N3Q&N9,]N
MVL5]9,AUGFAMEN077%!EM)UZ@M+H)^7310"1[>`+<NU,-AYMM3;#"&TJ<:=6
MD'K<Z@4/:I\4>'43KP"]Y_0X[FL>6BSH'.B2P^6@:SOEU]D`-..QG$=LO@Z+
M25:#R^(U)X"I#?[TS%:&7:@R6&W8KKSU4_'CNI1HMQ3SS3$ER3]$_JCJ6CI6
MWJH>4ZZ<!5'F^R]_CTJ::RD@0[-+RONZ:6U8L_-ZEI=4BPE#Z-GNJY)2IAX(
M.@U:*?+P$$AT>X]5-<GV^`3(V1R)45R#?1L9QN6]*[*G'!,F7N(2H4:YB(1R
M4X[$:G:D'J.G`>VZ>=L.XU(>WBQM28I;5%L9&/8TS5-V'>/4VWE3,R3-8G1W
M%!"^H!AXK"7$.I>2%<`LD-F1B,*1%^OGR=N]Q(+V*SDF=$O:ZPKY03<8Y]+8
M,A38S+#GHZ)D-_1+SK:)$992L@N!M,!V+GY:/,Z)(.NJXQT9D!(U2\A2AU!I
MU`"D^W0@<!GW>Q$VDEM(:*VOMN@M\N0)T.@U`U!]IX`]?L:L_>O]WA]U^(^?
MW^'C\?Y.`__3JJ5M^W/I,VFKCMH=_%^<E&B!JI/XIN2.?LU'\?`)C78@TO(;
M..4I;[96M9TT*B%:)!&A)TX"]#\I7#JS$[:[OI3[D:5N/F5%@[DEGN-26<;P
MS_W)9-LN-I*NRFV>2I\ZI!"4@ZD`<!:MZ!\1L:2'O_O!DL+HR;U!>H+-<V<[
MP")*\5JI<JKQ=LJU441)D-Q<P-Z]+?>"=!T\!:/`LY/W@F'"8+JEMM279(5U
M1(8*-&XZ^YS==>6-5!L?9IT4HC4#@-OD#-F:F;)4ZVR$07@^TOJ2XXE+2W$/
MI2XI)?+2D^WRZ#30Z\`+\@L7&LNIZ1J;*67E--S$Q8:$=#"*P292'&7FWPMZ
M;_-Y%81\H'AP`2W+A0$2')<HFO9$8RE"4N'WR%(>*6C'>Z5?4%*-0"1U$$Z^
M73@$BS^&FQ=)A-L/QULI&C\)H2.L-^1Q9C2%%S5/BE0//GISTX!7KFFK(*93
M$.*Q%<:3KU,%"TMO#4I*&P$(4%:ZJZB5)UY\N`7+<6HAV]7)HKA")%=:0I$&
M8%M(6IJM>;<[`6M(+?V(3UM`G4!/O/`51N8[E^T@NZ^5!F9'M[49(BJL5=L/
ML5<J679%9.#+B'$-,$#5#J0$]U0;44AQ/`6#>FAI%A#>=IY754Q9DV/"5U.*
M4W&0ON_2**T)4AZ(X\I)2K4I3TI)*@>`E^85%A/OVFW7^IKZI*.O3GKU<B0/
M:4_P<`Q?X1=_K1_H>^A]OC[_`/:_DX#_U*_D3DL8OF2TH\Z<JSE0]O-.3W('
M)6GOX!"\:FF5E]PXX#\Z]!R&G0LD_H)/_+P%M7H<SZ)C6X'I^QI+S7U>19-D
M"[>.E+?=9KX#3D=IIY3SB$K8N)$M3T@`=Q90A.H('`=&>)Y1B%E2-W=4U#Q_
M$J1RWLXO>6F/&CX\Y:SJRM??<6$]QY^+5I?6E.I2M\M@$\N`CN7^O/:C9]]Y
M=O5.&J,)J5#G._\`@;&8\M'29+]=)*'DUO24$*"TK4%IY*T5H`NB_F>;-;@E
M4)BTD5+\Y*V$JKU0UQ5#Z=:C4SI3<MQV"\I*NZ%OI#:FTE(7UI(`>TW?61?[
ML;(G&VYEM3[BUTS\0V;S*7*V-!1C5Q1Q9CTE;Z.B6)=47E+Z@0%A6IT/`)5O
M]^83L[A4F-D,;+JK*'[*DA1767376$^KLJR7*K+8RJ,*6T8\1;:S]IT@O`'4
MIY$%"J_S/-I+5,MJ15+JU*4\Q5?=HFW=C):0ZMN+;6P1!=C5=:B2.ITA:%A)
M4AMI13U<!,H?JTV'S_Z"O0F/36]JM2GF6<CDNQUO`K1(D2#DU?5-1D/MH*N@
M.I4C0`(<!2HAAY&T@0I<<%:W73+=#[:QI(#*DNPDDN=260^%ZMZ](*![N`%=
M!"Q>YP_?FDM4L1Y^98?#CUZ5N-JBHNFTQGJ&;&:>"G664KC+9?(\G<02H%((
M(!CT02;,5N<JFE*EHR^?%7'*5A,9^!"BP7@P%'3MO_3I65`:K(*CP!CRZ9/9
MR2,MM8`5-!Z=/`A0Y$>P:<^7`'G\16?O;_T3=WP'S^_PX#__U:WK62XG%,S)
M("QE6=)'+0_XHN"?^T/;P"&80^IW)+CJYG5T\M"-"YJ#K[N>G`,1MINJ-I,_
MI,ZL`MV/A=E2WH?<6E#J*M615[UPW$=6A2F@W`0]UE1Z>LHU&G`=<]3*KLFL
M;O'<0:IT8D<-Q3)(%[6/!-!`I<]8D7F%.U-<E;LR[M+RD?5,+K83!AEP+>65
M+920I(];?JC]%N"7654F+;=[R^I?<#%*^9BV0YS=94C"-LL2LPU'BVS\"+&J
M,ENK2[I'$I0JU5V4IYH9"M`4A2Q7;XNY-;W5K@>WTG%($20J*Y88=D607\9U
M#3RV4RFK>;5)>LA+5YNE]#)6E7F2E1.@7N?E[U>6[A>C_=VRK-H\-R+<_;O=
M>VP^)N!GV0V5)7UV,76',W@H_H^FWM',GKYUFXU%"HS$5M#Y!6K4ZASN91?6
MK&<9#BKV/,PV4Y=>P+&/7L.2Y,JYK[%V)/BR'84<SY\*,ZT0B.D(3H=2GJ)/
M`,0?4-O!MIB$#$ZW:G'7:.4[$U6W@C2Y\WR*2^)UW4OS)E5-@(+*@E\.+=#G
M2HH*""!>Q?<^QEPH@S'9F'BT"X?B1)F6KKVKF!7NO]I#*KF*L1DHBE;S>CRV
M5=I2]%J/+@&'JXN\;4?)J&DW$QA%)4UL)BLI9>#(M/IX5K5O62$1;;[Z;G2&
M@M?2RE9(C--!MHD$@!`LMH-WZR^S.^S231XY3R:VOB_BVN@6UA]^X_(I&C'E
M8MBVIL(5C4(DJ9["G5_:H<<<.C@'`%7T_LP*Q4A5-9JM*VX0F[8M%)7&>L4R
MV0A,B5'6VVMF4I32NX@ZEM7EU.FO`;+<*P=CW4%27/,N9R)41H5+.I21S401
MP!,_$4KWH_T*?4>)^?W_`"^'QX#_UJR,K6IC#\Q2HN)*LJSH]1.H&F3W)YD>
M_@$,VV>#E_;`$$!3R==?$Z]7PU)UX!NL,A,2\2W5=5`J;&7#QFE17Q;FM9M(
M2';?)8E7,GF.\%M]<2(\=>L*24K/+70\!T/>G/#;3`L/K,;QG<&Q8G[A[<8%
MGC&1.+5E]C&E-PCM?F+T%62.6S4>+6WE)%CPH,=+ZH\60R&66FO/P$3W2QFI
MK6JW!*':[`/NZ1)DP4.USDIFZLGWW77;/);^XIVS2SK>_EE;BX\EI]U+JPE+
MO2DI0`QP?T9P<QMLCM<[5'PW&J^IE6,N>T_+EQ\;Q^A@OR+C(NU7%AF<Y7U[
M3CSK80-7&PD*2D\P<7T_;)8QZ:_2%DUQ52;>QG^I'/86^]LS<ZEZ@@W--71,
M)Q9QSDM,>!@E97RY@>!=%A/D()\B=`YJ/6GLSCV(^H7+]QZJXJH6'[VYE8;E
MXE60'WV;G#,@L(T9G,L:D5Z$(2JN-A&7(;+#BEJ"RI(*@I)#2[:0\BL;&-'J
M(./7$9IQ*_J'TQ9I<)6DZ/O)FQ'PV$\R'D#GR5KP#>Q::[:;?9M6*5B/+C.H
M-73HHIL*7J/M&Q2P)5E<ORBC4]10$(4`2-`"`FE5CB<1KBN-VP+9Z-*EK;=:
M>:?4S!9A1(Q,4=A788922AL`)*_*I0*N`TN[.X,61B&88S.^ODV>(XA&R-U-
MCW8[,R%,8<8BY#0NI"G)+#:WA%<;).G;Z2-$\@@'I\@NP:VHKY2P)D+'('US
M?,=N7*0]/4PKP2E;;<I&J1R!.@X#?97&:F9'";=7J6Y`4D$\]=2.6AT.FO`%
M/[J9^/\`H7[7S^SW\!__UZJ]QK!E&)9@TF5'4#DV<:(0L=95^)[D$*!.FNOL
M'`()M5/;-W<%;@T$N0C4G0\@`-?`#0C@'>V9RFHQ[-67\BJI%]B5G7SZ;*:.
M)-,&984D]H%:X$I(6&[*LF,LS(X4%(<<8#:O*L\!TM[14-;EF![<W<6Y>_"<
MC&5/X;F.&6*JRQI;N:T(>1.4\P,NA57;UZ4,SJV0V[%D(4\P^T2D%(8^9,Y]
MM.F_R5MC`=R:6&A^8T<I@S<0M([#2R0AF/C-P:=B'JKH0EEB.`D=.A'`)OL3
M^8GCVZ>^UQAGJBK9--Z9=O,#R3.+C:K8[$;E\;K9)CT^L:Q>AW*L,?,K+;K#
M*Q<B1/5#^I;8G/1&VEMJ3U`AG[W_`)Q.QUYC4;$]LL0N7:"P^]&JIZRJ;7&F
MHT.5)::@P&*>W8C)@0*FNCICA2%N:#GX^(5G6>^/IXW=EKJ,NVYS.[E7D235
M4<HXW)D8_6R'BMQ^PJ;)*^]'FH*=>[Y%:H!2=.`!?ICW*J)4NRQ7)8$)=WCU
MA)C1YUA65TF?,@19CC+(G_517%.NEI".YJKYM>`M`BY37R:CNLFH2H.-I#$"
MNA0%%"$:)<<9A-,%]IHI(.ORZCF=!P&CD+<G+)2A*FVU(<9;;4?M%J4KI?98
M!T`0A7@-.?,^/`"/=2MCO!S+[1#$NK9Q*MP!F$R")%I8OW[E[*[CKH##<2&M
M33:DDZJ!.@(X`9[%9'6JDVCCUHT7P75/+4H$K=U4E2SKTDGJY::<M-`!P&UM
M[FNE9S5MIL&PE3[G20M()5R&I&I&FG`,IUPO[ZS_`*'/<C]7_6?-\WP\.`__
MT.8C*MY+E^US>I/="6\]S]A'6]U,ITS&\0%=.@6KY?#PX`7462S*.8_);6%_
M4*4IY.NBBHDD+U&I!&O/V'@"A2[N3(DE"U./,D`A)'4X#J"GY?FU`]WLX#HW
M_)^WPN\JV.WEPNQF"3"VZSZ#?8R\ZXG2$SG5&[)M(#;1*G4L*LZ5;Z.70E;J
M@!KKP$L]46]&5G`<TL9K;\`M!R`VV"IE3,=W1Q+SCAU4^F2A25C74)2=0`3P
M$1_++C8I@VVTS=?.1%%UN5>3KJOB(CHDW4C'J%4R#4(>6KI^DBS)+BGT,DA)
M'F7YB.`Q_6%LU4[VYACUO6XACF.TK;33<YURWJ8,%"/,LMMMP1VURK$NEY[I
M3VVEC13AX!#*^!5[7VTRBBSF'Z)AYYB))8FL3&_J%*4$M,-H2"EQD@@N$]`2
M>1&O`+YO97XIA^8XON?A=S%7$R-^)5Y'6Q%J9G1+A8\LQM!:;;DA]H#O=!.O
M)7`,YB^26C<6.7GU]2XSSK:NI12OR`J(6.:0Z""=3RUY\`P&%91)77UPD@CL
MM)G-K4`>A<CMK<CK43YM"H:#7H(_3P`[W9S.?.:H]M;"IDO#(<\K[J!:P)`<
M@UV-5KZ)LQR6V[T*B6#BUJ04@=M3:>K4Z:<!5MD>;6&$[BYQ%QVY,BH:R:[:
MKIL=Y;C4FN7-=5'4.M+3I4E!T)*4G4>'`1*7NUD#=FS8)LI"W&5EU*@M6H6#
MST\VO,<`P7[?LC_O\W]V#]_>)_M7]/\`6?-\?'@/_]'D>R3_`!?G?_$/<+_.
MM]P&L"BE(]FO+4>.FIU\>6H(X#[2\H>S73VC5)_ATU\>`<[T,^I:=Z<O4+A6
M0VMC(8VWS%].WVZ$`O.I@+QC*'4P(N02(Z#VW9>)6[S,QEQ0!9:[W,!1U#IC
M]46)5&5;"YY5L.PI5E3U0G5:F4A:+"+5(4\A3CH1YX*&TJ*7`22E``\0>`B'
MIC_+RVXQ[8S!<TW0M\CS7+=PJV/G5O%.29%C^.8O7WL-ER%BU+454V*AFM@U
MZFUNNK"E.O%2E>P`!UO;C'HOP.N7C=+L=G%I,:4MRZNGLZRY3G<0.EQJ-W)Z
M'V:TJ*=4)*DE2AJ?:`0F?!]/N2W4>!7[/9)4%Q72AAZZNY#:%*'60X\_)6A]
M+)0%.(4>KQ^'`"_?CT[8I<X:[/QVO737]#-1;T[3#LQSZR.A;7=KU)??6RAM
M;`4ON=(4E2.9T/`2+%741*;'HSJGG)ZZ5R0XEWK*TN3"S$4DZ$EPN.DJ\O+0
M#I\.`8J@?1"6W&0E)5V8\5KJ/4/LPE`<<Z=0YU*TT'L/CX<`G/KAW5=P;*,.
MQO%9"D94YB+UM<2&U*(AUUA9*CUC<AH<B[+,1Q?@.I``)T)!"K61/GR9#TB3
M)<>D277'WW5JT4MUY1<6K0`=(4LD@#D!P&)WGUD=1.G/7FKW#3W>/`'?5?\`
M^4'5X_R>'C\>`__2Y4\TPFQ@9)G,HE#R?Q_N`ZI+86%!"LSO5:@*^8#7GIP`
MZ"""D'0A)/)1TY'X>(T.O`?20`5`$$:>3X^\C7GKKP'J(P?0IE31=0\@H<;4
M@E*D+!2I"AIH0I)T/P/`="OY?.^#^\&W3&QVY5HXYD.)US.-UUO9E;AOL-G-
M+KJA-DXIYM3DJJ"$PW2H_;H0THJ2HZ\!T88O7XNSBE)&3=3!"@5E;5.OQTAW
MZAB*PQ$CIBIZ>VQVRT&VVM.2#J>0!X`:;X[8[5/1X3=I6O75Z\]]*EN:\M+T
MPM);=1)!;Z&4L(;4.ZLK6VE:5C4Z:`*YMP-IL$CS%SHZ$5D,H<<0\F?K'>94
MI3CTA2E*?=?5]2VI#2`K[1/CIP"R9-5T<EF?'>>C*;=2N''+Q4AOJ*%M/(=(
M4IQN0I+B2.C4`CV@'@%KC546FN9*.KZI=>B/%CM%P.J8^E/9BI<(U2H%TN.'
MP2#\-.`)6*_20I<FXR*Q16U5>W+N;JRDK3V*ZFIH;EA8SUJ60"EB(R=!R[BN
M0YZ#@*+=U]X;G=/=S,]V&778PR&R=:QZ),0A\0</@)3`QVIE1W!T*3]V,(=<
M0="EUY7,$<!*\$R3;W+GXU'D\>+B5Z^KMLS9)2YC5B\3HEGZQ12]42W5<D)>
M)943H%C@&,D^GNK,54@(;[383]L&%I#@4GJ"VU(7HXV0>2@2%#F#P$R_8Y$_
MNX_=C?=GZQ?ZO^/P^'CP'__3YY,MA_77N6!104_CO.QH-"HC\7W0T5IH0D$\
M!A1MI8%D&U/L1NE824GH2#JOVE6HU'/@)O6;`U*R@]F.I1((*4-Z!*>9*M0>
MG77@,'*\5VLP)CZK)\FJ8#B1Y8+#S<VR?.ORL08B77UJY>T)'QX"-[5>IG$-
MO-UL)F8MBMM*I+'(:O%\FL)[I:MIE!DT^-426J6KB]:S8HD/LO,!:BONM)Z4
M]1'`7Q9'ZE=XO3E)F4S]&]F>.--3)U9/<DJ@7D.5$+T=V/(B/H2ER13J'2\V
MHM+4L*)&O@%=&[WYDFZ.56L)\U]ZQ`JWVWF8DY]UQV24J0X]%<DQD1RQ&<6W
MIH0M24$@'0DD`Q.]8&XN<V+EO?.3V6UO=QF)#2X(L6/UEQF+%2M9Z&D?*5$$
MJ\3X\!*'MX[6Y=BM./H9;>3'):+KBUNJ24:]P%12&B4Z'0@ITTY\`6:YU3$%
MBPEO)2Z\V[-4\Z4);8CJ2KS+)Z=&V0K4DDGIT!TX`9>MK+IFUFP6-XG9)76[
MA>I."J33XZZCHLZ/8.GGMIOL[O&5$.5[NYV01FZJDCK2AXU[$R81TJ:!"G#J
M3KH"-==-`-.?`8CZ4J4I)TT((4.D$$$:D$$$'J!T/`'S:3?O)\!#./W-A97F
M#.#MN5;KJI,ZB!!`E4;KI+ICM:DN1%**%I^3I4`.`LF_:/@G_P`XI/W7WXA\
M7?\`TK^N_5?VC_R_Z_X<!__4YL[[,J2IR3,G;*WA,-HS_/`6T.HDOE0S"[)#
M<=DN.%6OLTTX#4V?J4A06$Q\5QUV?(0$@3[I9C1DE(^9N&R2\L:\QU*'CP`C
MR?>S<O*T&-,R%ZK@Z:&#1#[L94D@ZAUYD_4.CI]Z@.`%:BI2U/+6XZ^OF7GE
MK>>/+576ZZI2SJ?CP!D].FV][O%ZBO3QM9C8>.0[B;[[1XK2%C4/LRY^>43C
MDULZ'I57Q8[D@*\!VM?#@.V7\WSTPV6);G9EFV*5\MW"]PK"VRVF>BHZHR,D
M<;5"S>E6V@=+#\F:V9R$>7^T=0!&O`<JV=T:U5KTMMDL*0?.RZ@=U+B2IE:C
MIJ$\N6IT`TX`.U#I1JM\@H;!20$`%73X#GS*?9IKRX`BX@N-*L$SK)YF/`K&
M^^^ZZOMI;CMD%04ZH)2EM7Q.NOQTX"V+8#:W&VZ:Q]1?J)>8Q/9K`:EW,&J6
MW:+2IM55M)D1LAR&`\$K7"<Z4?=E8L!RPE*;+B0A24J"@CU1>H7(?5/O]N3O
MKD3+U:WE=C'@8=CKRU.#$MN<;:-7@N*MZZ!"X5.WWY.@YS9+Y\".``'4%$J*
MND@@I&G+7VC4#EX<!Y+)5ST&OAH>>NAY<]>`R&4CYM?,"0?T:?H]_`,3_NC]
MTM[O^]^GX\!__]7C]R-"1F&=D)2#^T3<,$Z`'_&U]KS\=->`UYTU'O\`$GPY
M>X'^D0?#@/WR]HUYCRZG0CW`^/E/,\!](3W%'J\J$ZZG7RD^P>[@+2_R48U3
M)_-F]!ANBP8L'>E=I#0Z4H0[<5N&95)I6T#P*Q-0E21SU('`?TJ-Z]LMN-TL
M'R;']PYM/78I*KY5E;2[R;%J8V,SXC)Z<KC7U@]'KZ1R,RD]YR0ZVP4_.1P'
M#7ZO_3_#HKU/[.ON?=G"\SB9+*V^W&V?7^T/!,ZB4]T]3SGJ'(,38L8+MA6V
M&K,Z`ZI$QB6"`VMM33BP3*3^7MZI*.OC7VX.!,[/8Y8=IVKD;EV'W?DUNR\G
MK9?H]N,>8O\`/K,J;4#VG(<18)Z5=)\`8383T86=;?UMWE6.9%918;[<N!(S
M>E&+U<B2TH=N9284\Y+L9"&U#5N1;.%QL\PPD^`*E^9QZJ%Y3,9],.!7*)6&
MXK:1[;<VSKW@J/DV6UY/W?CG?96I$JHQ=W52]24NS-3X-IX"H1>H4%+``)UY
M'73EST&GM/`>1!/B0=3R`/,>`]GZ.`_$C5>@'\!\/;J/X-.`RP`.GV'3P`]W
0_7P##<_A^Z4^/A_T\!__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>h87073h8707303.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h87073h8707303.gif
M1TE&.#EA8``N`.8``.[M[7QZ>G1R<OS\_.;EYNGIZ=W=W>'AX4U)2L;%Q6QJ
M:LW-S61A8OKZ^LK)R5U:6U524_CX^-'0T-;6UMK:VD5!0O+R\L+!P?3T]+JY
MN?;V]K:UM;Z]O;*PL3TY.I:4E*:DI#4R,XZ,C:*@H?'P\)J8F*ZMK5!-3JJH
MJ8>$A24B(YZ<G$A%1:2BHEA55I*0D7AU=F!=7FAE9JBFIBDE)H*`@$`\/8B&
MAS`M+G]]?2TJ*X^-CHN)B6]M;82!@C@U-IR:FK.RLI>5EJ">GHR*BJRJJI22
MDL3"PSHW.*^NKKBVMX%_@+^^OL?&QHV+C,"_P#(O,(6#A')O<'IW>$M'2%)/
M4$(_0"HG*/[^_B,?(,S+R]33T[R[N]#/SVIG:+"OKYV;G*VKK*6CHV)?8)F7
ME[FWN/'Q\?W]_?/S\]_?W^/CX^#@X%I76-C7U\C'R-34U)&/C[2SL_?W]Y63
ME*BGI\S+S-G8V-O:V_7U]=#/T/GY^>OKZ_+Q\N_O[_3S]/___R'Y!```````
M+`````!@`"X```?_@'^"@X2%AH>$6!&(?P-22"Q(BXR4E9:7F(@`,C1IAP,0
M#&8#"&*9IZBIE5@].5$PA@,!%7V",`&JN;JH&Z(32(895Q*#;$Z[R)=\&S53
M7&>66!4<?WI9>(0$%36#:%E'R>&(!D@A*7!71EB5$AX#@C1JA%,5T(),*ACB
M^X-[4`*U_E#PP*02@Q&"L*CP),@!C3"$<D#@QP\4!#.$@'BA).>*`4$`LA00
M1$J!G$'D0%#<IR5+G4($3F!#)`'*NS\25#00Y";+!4(?D)Q<&0Z&C4,!9C`2
MHV"0F`J"]%")L4[0F0HIB(;#HF/.(112&'GY^0<+%2."@F390FC%CSM:_Y,-
MR*+ED):)AQK0X"-(@L@_<AX@J/KG#!(X<3-9D'>("C%#:XX>NN,AH0\7@CK0
M*$-H"!0"XA+T@)$CQ0XR0T"$Z;"A=9`D=%:\R"'CQ)0UB&9`-`0`"B(.8P1-
M\$#MCP(J]OY8@+)B'X$K8Z0P<$'%"A(H5VBHH'$%!R0V`CXTT</H3`G"@_!<
M0;0BZQ\!#$!>(4,(3(A)XD1,64G`18@.A&!`PTV%!`#.$2%T(4@-5H`FR!HJ
M-$%1`U`<P(\6-!#Q%"%[Z-!4(6<P,``:(:@DB`TB#()%``\0!<<'^ZB!!!U8
MH'$"6X*0@\-0@QPPA@40P+#3'W9D8<<@97CPT?]*$7@!@#@[R%"5%T`,T@05
M-H!#R!/@G4#"($L\8,\9+O`0UPU!A$,``A8,,H4/@Q3!`!!(6#A("5E8,5-A
M4'`QR`H0!$24!/LE`Q8A2^`B2!0IA*A#`%IT(0(.$&A`R`17D/<'!CJX8<D7
M5>32!@*6(A,`"",)XH.B<KB@X!\3A%'""D&PX$`A(P@PB`\I-J*`A,%`P0(A
M1:!GB`5P#6!#%3OPI&4J#Y3QPB`U+"%(`BP8^T<$"*2:T`D47&L#&HTL@8!2
MA4Q0@1;-"D)&%FTF!`0$2V*@`)PI7/$%%7_L4041N50!@PF#!'#,'S?`8@@3
M8R3W1P%(0`-`#'$(\L3_`TH`2$@$4HS0@I9J5/$#@2.P8<4"@M`1PA`15"&#
M&2?L`4(6*.1"Q15#_B&%4A%4\&Q$-Q3"05A_[*#K'P`\4,`0GA*21*BDEA6`
M`4?_<0`4#ISPS@`NQ+#'%R4T2\8&$&2Q1RYL2"9(#"CG`(/#@T"@\2`O_)1&
M%:DZD947#@Z"@`D$R"#(%@]L07!A5I011PR"?)`H%B<(P!:V(:B=B@TA#&+!
M"7HLH(.=A0S@42$Y8&%6`H)@0,5'R!$B1@QRK/"&($N(YF`0)YPAP!"%(0&&
M"`N$(<`Z!F0AA>"98('1'V5<H8(I?XSZ!11/(#*!%0[OD=4<<%250]`8G$#(
M_P!6;(`&!.NT,08&5:P#@`T&^`&!/$7`$4`7*7R`\@!>9`%!NY@X@,9D$``(
M/(H,`NB.&+35.,000@M.,``"_""("(0`97E0U+4\@(8R1*%Q3F`"],0@.#!D
MA7P+",`=8.""=UP@3_HZ!0B4T@`==&$+%<B"#JF`,D90X5;$`D(,0/<$*JRC
M!=4;!!5F,``!+"\&7?`"-@```0)(8P)_.((7I,`%(1#A5FAXP`E@<(5786(*
M&?@#!^I1%C6D@0'`:D,.O"4(.=!`4X,0`0N$0`@O[`8"3\J1"OIP@:,!0`%;
M0)X08.$`76'!!6Z@%P00(`@\<8$(-NC;)1X@H1.@2_\0"V#`D%*0A0J4JB&8
M*40/D"<(`F0!-`0`QB"$$!\!)-$(=+C![/YP`I11`2Y:.`$+MA"%+%0,`R%H
MT0BH(*A+G,`!!%`!8QJ!@"(,(@=56$(,DC.'#21$$!NXPN$$\07)F("5$?A!
M%^X@@"'%X`D*H\/;%H"\%"!!``:`@A&-`P74T0$!R\/$";C0`BL01@@V$%0*
MJG``*Z2Q,`@(2!`<(($?0*%B@XA"4[```][UQ28]\%-99/""FOT!`APX@P(^
M`@`$X*``,<A"5AR@`AZ\`PPL""0FO%"#$""D+%_(`NH&`88&.0`'Y#(`OP31
M!.VT@`V<(<D#JI0&/0VB!0S_\)<]]E""'I"+!#]H0`+B\P<N9.$&)4"""[Y0
M`!R<H%0B:-`I-D"#+#RI#TO(PK0(X085W&H*B*&#M0;1![Y`X*%64](?P,"X
M@GV``8]1(Q2^`$XR-*`'J?)!"':@@C8(``%0J(`^!'$#)#`D$S#@C@=4$`*,
M;DP%:=*#%;8@A7`9X@'>;`@4U@$!CZX-!!\2A`"JH"DI.*`%<!*(#K*``P5)
M@`=)(-`?B/"#)6&B`!50P@$2T(5X&<(*#CS"`UITB!Y\D@-6^`.V^H:'$R!`
MIW)`0@__X((R#/$/?&`!"AQ`1T/$0:Z9V$`%I(L(!@17"N0U!`_0(H@,B.\!
M!Q,$^0D0$-PSO."5@X@!#EKPASXP(`4$/@0>8(#'2TQAKY6(ZR!@@`,-$D()
M&[G6"21``SIV`0=$.X,0/*!?JR#@K&2`PA(8>`BX68(-UJ5$!C",!0BL83:&
M(`$;XK6&*E3`I(-P`1F'X(`',```%U"!`%[`!BAP0`8/$"E1NA`%(A=B#RR8
MEAC,]`<<X0IV?VA`#)"`1PTH0`!^>,,-1)``33TA!4MH03/C4H.Z8"(`5+D1
M)<S@Y18LP0-(Z(`>!A#*&/0W,948<B:X@(,-5(T1`^`!`WRPAIKH``<ZN(&1
>04V)^5YB`"Q0@28Q,0`[W"'$M*8(`8`8[&`'`@`[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>h87073h8707304.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h87073h8707304.jpg
M_]C_X0V-17AI9@``34T`*@````@`!P$2``,````!``$```$:``4````!````
M8@$;``4````!````:@$H``,````!``(```$Q``(````>````<@$R``(````4
M````D(=I``0````!````I````-``+<;````G$``MQL```"<0061O8F4@4&AO
M=&]S:&]P($-3-B`H5VEN9&]W<RD`,C`Q,CHQ,#HS,"`Q,3HU.#HP.````Z`!
M``,````!``$``*`"``0````!````<J`#``0````!````>``````````&`0,`
M`P````$`!@```1H`!0````$```$>`1L`!0````$```$F`2@``P````$``@``
M`@$`!`````$```$N`@(`!`````$```Q7`````````$@````!````2`````'_
MV/_M``Q!9&]B95]#30`!_^X`#D%D;V)E`&2``````?_;`(0`#`@("`D(#`D)
M#!$+"@L1%0\,#`\5&!,3%1,3&!$,#`P,#`P1#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`$-"PL-#@T0#@X0%`X.#A04#@X.#A01#`P,#`P1$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,_\``$0@`>`!R`P$B``(1
M`0,1`?_=``0`"/_$`3\```$%`0$!`0$!``````````,``0($!08'"`D*"P$`
M`04!`0$!`0$``````````0`"`P0%!@<("0H+$``!!`$#`@0"!0<&"`4###,!
M``(1`P0A$C$%05%A$R)Q@3(&%)&AL4(C)!52P6(S-'*"T4,')9)3\.'Q8W,U
M%J*R@R9$DU1D1<*C=#87TE7B9?*SA,/3=>/S1B>4I(6TE<34Y/2EM<75Y?56
M9G:&EJ:VQM;F]C='5V=WAY>GM\?7Y_<1``("`0($!`,$!08'!P8%-0$``A$#
M(3$2!$%187$B$P4R@9$4H;%"(\%2T?`S)&+A<H*20U,58W,T\24&%J*R@P<F
M-<+21)-4HQ=D154V=&7B\K.$P]-UX_-&E*2%M)7$U.3TI;7%U>7U5F9VAI:F
MML;6YO8G-T=79W>'EZ>WQ__:``P#`0`"$0,1`#\`NO;'27.%A!DZSYK'ZK6T
M=-8?4)+N=2M7)>6=*C:-2?RK-Z@2[%H;M`DI*<FK`#:@6ATG53&,]H,;OO6D
M=[&@0(@(1=:2&L&Y[C#1YI*:3\2L42)]0\"=24XQ;_4J)):\B&UR2XD_FM`5
MW&K?D90Q\2'VC5]KAH!,.L_D_P`A=+T_HE&.-S1NM=].Y^KC\/W&I*>=Q.G]
M1;ZC!47"P\N)$3]ZD[HO5&8[Z?80?-TA=HRAK&^T1VGNFMIEI]NGBDIX#*.7
M0&-LW`UB-P,@H'0Z;6Y[[K':OGOYKI^KXK">)!7*Y+7XMV]GM(^BX)*=?JQ/
MV*R"9^*Q^G!YJM)/;Q\D0]<]2@TY+-;-&W#03_+:AX_Z/'M)$:)*7._[(=>?
M-4+*6NB9^\J^_P#H;=.2%5=]*/))36^S5>?]%CE)&_\`>9))3__0)G%HZ8-3
MR?RK-ZF]K<>B)F4'.^L>(["%32"X.,COH51ZA]8,6UE#6D>TZPDIV"&.:TDF
M8";8*\.[)!@3Z;3W_E[5GL^L&'8YE-(WVNAK&CDN/9:]^)993C88X`+K'>9.
MH_SDE.O]5L!E'3!?M'J9!+WO[D#VLE=!37NB!RJ^-2*<.I@X:`V!IHM&EL1I
MP$E*=C.V;HDA`N9L&NA/;^*T@]NPMCE9^46[8.L<E)3B9]8<3^'DN2^L5.QA
MT@CE=KFU0`YNGF%S'U@H=8QQC3C[TE/$OL@[7?1L$$^!_-*OXV6;L(N)DD%C
M_$/;_P"39[FK/RJ]NG?^(0J;CCV/?/Z.QID?RAQ_:24[E[R*:6@\D(;_`*9^
M"I6]7H>VH1]$Z^29W5<<O)[0DIM_^\J2J_M&GP/]$E))3__1\T?_`#C_`.N[
M\I3+I[>C83LBS]&`-3^)7/UX=M^4[&H$EI.I[`=TE.Y]2\-C\QV6YNY]?MJ'
M9NGOM_\`(+N/5KK;BEC==[FR[NU@F?Y/TE@=!HJQJ&TR&L:-Q_>>5IBW[5E5
MUQ^B:YP,>>V?^I24]:QWZ-IX$;CV[=TUW7>E8):S*R&5V.U#=3`_E)[&.-1:
M!J[GR7.=3ZAT=DXKL*SJ5S1[Q4T;6>.^VSV?V$E/5,^L7U=NKEN;4YY$@`ZS
MX*ID9%5HFAP>':@@Z0%P+:.G/M-N-A7XC!86%V]KVEP[M;&[T_Y:[#H72;7`
MVN)K81#6$=SK*2FW9:P5?I'#VCA<[UK(QWU.(L8!\0LGZW=8RL#J#\,.@$>T
M^17.M%-LG*R;&;AN]K)',2[7]X)*89[1N<YA#FZZA9CG!P,\3W^Y7+:FUV@5
MO]2MW#O%9YT)'F4E+<:'LDI,:Y[H',*P_!MV@M$>*2F'_O&DI;'^'_:6/FDD
MI__2P+LQPO?`['\I5'ZK467=9LNC]'#@X]M59O</7=I^]^4J7U6)]+)<W3WN
MA)3H8>.^[J+*6B:Y.@X.T%P;_P!%=#9T_+P[L:LC>ZPM-X;])K26G<X#Z+/S
M52^JKF?:<4&-YR21XG:#[?[2ZN^MU-=SK&^^^Z6'G=6/>S;_`&BDIM8VRR=P
MW;M(E3.,RG^9`H(U^@'#7N=RK8A`U![\K2K-5@EQ,I*<BSIE=^1ZMEQ=W+6,
M:R3_`&5=>\8^T-&WP^"C?DV,N]/&;N?$GO`_.<Y9IZQC#+?3]GRK&@.+LE]9
M]%T<^G>T_FI*>*^O6*YW5J+W-_1D;0\ZB9GA'IQ/M.*T'&H<^/I:L)_K;?:Y
M5OKCU[#S&48=/N>'2_;X#Z*L_5[J;,G&=41[J?:3Y=DE./E]!.,RVVTM:YVK
M&-X![KE[A%COBNQ^LN3P`=3RN4%9LLL`$G4_))2#A@(T)D3Y(WVZ_:&Z:=T%
MWT6CPE(6';M@'XI*3;W^/_:2?FDF_P#>1))3_]/G;ZG^L[VG\[\I2^JIC&R3
M_*=HJ5_7IL?$:;A^)53I75OL+;&N!/J$G3S24[M&;;AY++Z3^GIM#V#PVG<?
M\Y>D9'6,#J>/C#$N98?INK;RP.'MW_VO:O%K>JO<\O8TS,A=K]2LNJ[)_1_X
M6DN(\"Q_YW\K:])3VU+MITX@<>:N8[7!I<XZ=EGX[VFZQKC!`!$]PM*VYM>)
MN:)>T>T#Q24UFV[-[G'TW6\SH0T<+/ZQ<,;I]WV<2Z[2&\3^]":OHW4,AIS,
MW-L;8_5M%<-8QOYN[<TOL>JF=@U5@-=FY&Y^C6`M</\`J4E/,_67HV*S'HR*
MZFUV$#U7-TET#<2JWU=LKKL=7`VNT)\'?FJSUW'LNQS=]MO>T20'!H;`,<0A
M?5;I\UVAS@76@.8XB(A)3F?6)[_M>T\!!Z?76,')O=].R6@^#1_Y)/\`6>P#
M.-33/I@25DLZAD,I=2"-KIU\)24CNC:TCG5*PU>DT-;[O%"224G_`/>1)+_W
MC224_P#_U/-'_P`X_P#KN_*4R=_\X_\`KN_*4R2E+IO\7MES>OEC)=4:+#:.
MPB"UW^<N97;?XOFLQLYU;P/6NJ)`/<M<U[F?]MI*>YR6QMO;J6CW1W:5:HR6
MO#07:1\T,-8/T;^'3L=\?S5EY3+L>PAF@)F/[G)*>FD65:'3^Y9&?A!K@_63
MQ!X\5F-ZYG4&/3WM'@8(^2R^H?6V]SH./8(/ND0$E).HXV/2TBX%];M=L_<%
MBW]3KPW.=28:)#`@]8^L;\FOTZFEI/)(@KGW/<\^XDI*19N4[)OLL=])YU*K
MIW?2/Q3)*4DDDDI/_P"\:27_`+QI)*?_U?-O3LLM>*VE_O=P/,JPSIM[M7N:
MSRY*TR1N>``/<[C3N4X@E)2#%P,>DAYE]G9SN!_5:M#%NNQ<BO)H,74N%E<\
M;F_FN_DO;[%5).Y6&.D)*?3,+*Q>J8%672`:KA)83JQX_G*G?\)4]*_'>YA:
M0;ZP-&\6#^J[\]<5]6NMCI/4?L^0?\GYS@VSPKM^C7?_`%7?S=R]$:T@EIY'
M9)3R>9TK*L+G8MP<&\M<"'C^NQ9&5TOJ3JB7D:'S7<9-5=IEX@CA[3#A_:"R
M<YF536^`,BK4[]&N$?OCZ+O[*2GSG+QS38189,JB_P"E`Y[^2Z>_HW4.IV?:
MO3-&*1N-U@@[?WZZOI/W?F?F+(S\5M3BRMNUC-&@\G^4\_ON24XUS0VQT<<J
M"/<"+`?$?D0RP'C1)3!)2V.3%KAR$E)O_>-)+_WD224__];DW4W;WGTK/I._
MP;O$_P`E2;5=_HK/^VW?^17*))*>I?5=O!]*S4?N._\`(HK&70/T5G^8[_R*
MY%))3V#J+;&G=581$1L=W_LKN_J=U>W.P#AY37C+P0&[G-</4I^C39+A[GL_
MF[%XHDDI^A+&DF-I^XKG_K-D.M;^P<1KK,K)8'WL:'!QKG:S'K<T?2N?[K?]
M%CU[UXVDDIZ?*LZMTWJ!?54^J]GM<YHLL:X?Z.Q[M[;JG?\`G"/>]^92W*93
M8T/T?7L<2QX^E7]'Z/YU?\A<BDDIV+L>\O;^AMYC^;?W_LH+L;(:8]&W_MM_
M_D5FI)*=)M-_>FW_`+;?_P"111CW_P"AM_[;?_Y%9"22G=^S6_Z"S^B1]!W/
M^:DL)))3_]G_[15B4&AO=&]S:&]P(#,N,``X0DE-!`0```````\<`5H``QLE
M1QP"```"````.$))300E```````0S<_Z?:C'O@D%<':NKP7#3CA"24T$.@``
M````Y0```!`````!```````+<')I;G1/=71P=70````%`````%!S=%-B;V]L
M`0````!);G1E96YU;0````!);G1E`````$-L<FT````/<')I;G13:7AT965N
M0FET8F]O;``````+<')I;G1E<DYA;65415A4`````0``````#W!R:6YT4')O
M;V93971U<$]B:F,````,`%``<@!O`&\`9@`@`%,`90!T`'4`<```````"G!R
M;V]F4V5T=7`````!`````$)L=&YE;G5M````#&)U:6QT:6Y0<F]O9@````EP
M<F]O9D--64L`.$))300[``````(M````$`````$``````!)P<FEN=$]U='!U
M=$]P=&EO;G,````7`````$-P=&YB;V]L``````!#;&)R8F]O;```````4F=S
M36)O;VP``````$-R;D-B;V]L``````!#;G1#8F]O;```````3&)L<V)O;VP`
M`````$YG='9B;V]L``````!%;6Q$8F]O;```````26YT<F)O;VP``````$)C
M:V=/8FIC`````0```````%)'0D,````#`````%)D("!D;W5B0&_@````````
M````1W)N(&1O=6)`;^````````````!";"`@9&]U8D!OX````````````$)R
M9%15;G1&(U)L=````````````````$)L9"!5;G1&(U)L=```````````````
M`%)S;'15;G1&(U!X;$!RP```````````"G9E8W1O<D1A=&%B;V]L`0````!0
M9U!S96YU;0````!09U!S`````%!G4$,`````3&5F=%5N=$8C4FQT````````
M````````5&]P(%5N=$8C4FQT````````````````4V-L(%5N=$8C4')C0%D`
M```````````08W)O<%=H96Y0<FEN=&EN9V)O;VP`````#F-R;W!296-T0F]T
M=&]M;&]N9P`````````,8W)O<%)E8W1,969T;&]N9P`````````-8W)O<%)E
M8W12:6=H=&QO;F<`````````"V-R;W!296-T5&]P;&]N9P``````.$))30/M
M```````0`2P````!``(!+`````$``CA"24T$)@``````#@`````````````_
M@```.$))300-```````$````>#A"24T$&0``````!````!XX0DE-`_,`````
M``D```````````$`.$))32<0```````*``$``````````CA"24T#]0``````
M2``O9F8``0!L9F8`!@```````0`O9F8``0"AF9H`!@```````0`R`````0!:
M````!@```````0`U`````0`M````!@```````3A"24T#^```````<```____
M_________________________P/H`````/__________________________
M__\#Z`````#_____________________________`^@`````____________
M_________________P/H```X0DE-!`@``````!`````!```"0````D``````
M.$))300>```````$`````#A"24T$&@`````#10````8``````````````'@`
M``!R````"`!(`#@`-P`P`#<`,P`P`#(````!````````````````````````
M``$``````````````'(```!X``````````````````````$`````````````
M````````````$`````$```````!N=6QL`````@````9B;W5N9'-/8FIC````
M`0```````%)C=#$````$`````%1O<"!L;VYG``````````!,969T;&]N9P``
M````````0G1O;6QO;F<```!X`````%)G:'1L;VYG````<@````9S;&EC97-6
M;$QS`````4]B:F,````!```````%<VQI8V4````2````!W-L:6-E241L;VYG
M``````````=G<F]U<$E$;&]N9P`````````&;W)I9VEN96YU;0````Q%4VQI
M8V5/<FEG:6X````-875T;T=E;F5R871E9`````!4>7!E96YU;0````I%4VQI
M8V54>7!E`````$EM9R`````&8F]U;F1S3V)J8P````$```````!28W0Q````
M!`````!4;W`@;&]N9P``````````3&5F=&QO;F<``````````$)T;VUL;VYG
M````>`````!29VAT;&]N9P```'(````#=7)L5$585`````$```````!N=6QL
M5$585`````$```````!-<V=E5$585`````$```````9A;'1486=415A4````
M`0``````#F-E;&Q497AT27-(5$U,8F]O;`$````(8V5L;%1E>'1415A4````
M`0``````"6AO<GI!;&EG;F5N=6T````/15-L:6-E2&]R>D%L:6=N````!V1E
M9F%U;'0````)=F5R=$%L:6=N96YU;0````]%4VQI8V5697)T06QI9VX````'
M9&5F875L=`````MB9T-O;&]R5'EP965N=6T````115-L:6-E0D=#;VQO<E1Y
M<&4`````3F]N90````ET;W!/=71S971L;VYG``````````IL969T3W5T<V5T
M;&]N9P`````````,8F]T=&]M3W5T<V5T;&]N9P`````````+<FEG:'1/=71S
M971L;VYG```````X0DE-!"@```````P````"/_`````````X0DE-!!0`````
M``0````".$))300,``````QS`````0```'(```!X```!6```H4````Q7`!@`
M`?_8_^T`#$%D;V)E7T--``'_[@`.061O8F4`9(`````!_]L`A``,"`@("0@,
M"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,#!$,#`P,#`P,#`P,#`P,#`P,
M#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.%!0.#@X.%!$,#`P,#!$1#`P,
M#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`S_P``1"`!X`'(#`2(`
M`A$!`Q$!_]T`!``(_\0!/P```04!`0$!`0$``````````P`!`@0%!@<("0H+
M`0`!!0$!`0$!`0`````````!``(#!`4&!P@)"@L0``$$`0,"!`(%!P8(!0,,
M,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D%5+!8C,T<H+10P<EDE/PX?%C
M<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-UX_-&)Y2DA;25Q-3D]*6UQ=7E
M]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$``@(!`@0$`P0%!@<'!@4U`0`"
M$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D8N%R@I)#4Q5C<S3Q)086HK*#
M!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4I(6TE<34Y/2EM<75Y?569G:&
MEJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1`Q$`/P"Z]L=)<X6$&3K/FL?J
MM;1TUA]0DNYU*U<EY9TJ-HU)_*LWJ!+L6ANT"2DIR:L`-J!:'2=5,8SV@QN^
M]:1WL:!`B`A%UI(:P;GN,-'FDII/Q*Q1(GU#P)U)3C%O]2HDEKR(;7)+B3^:
MT!7<:M^1E#'Q(?:-7VN&@$PZS^3_`"%TO3^B48XW-&ZUWT[GZN/P_<:DIYW$
MZ?U%OJ,%1<+#RXD1/WJ3NB]49COI]A!\W2%VC*&L;[1':>Z:VF6GVZ>*2G@,
MHY=`8VS<#6(W`R"@=#IM;GONL=J^>_FNGZOBL)XD%<KDM?BW;V>TCZ+@DIU^
MK$_8K()GXK'Z<'FJTD]O'R1#USU*#3DLULT;<-!/\MJ'C_H\>TD1HDI<[_LA
MUY\U0LI:Z)G[RK[_`.AMTY(55WTH\DE-;[-5Y_T6.4D;_P!YDDE/_]`F<6CI
M@U/)_*LWJ;VMQZ(F90<[ZQXCL(5-(+@XR.^A5'J'U@Q;64-:1[3K"2G8(8YK
M229@)M@KP[LD&!/IM/?^7M6>SZP8=CF4TC?:Z&L:.2X]EKWXEEE.-AC@`NL=
MYDZC_.24Z_U6P&4=,%^T>ID$O>_N0/:R5T%->Z('*KXU(IPZF#AH#8&FBT:6
MQ&G`24IV,[9NB2$"YFP:Z$]OXK2#V["V.5GY1;M@ZQR4E.)GUAQ/X>2Y+ZQ4
M[&'2".5VN;5`#FZ>87,?6"AUC'&-./O24\2^R#M=]&P03X'\TJ_C99NPBXF2
M06/\0]O_`)-GN:L_*KVZ=_XA"IN./8]\_H[&F1_*'']I)3N7O(II:#R0AO\`
MIGX*E;U>A[:A'T3KY)G=5QR\GM"2FW_[RI*K^T:?`_T24DE/_]'S1_\`./\`
MZ[ORE,NGMZ-A.R+/T8`U/XE<_7AVWY3L:@26DZGL!W24[GU+PV/S'9;F[GU^
MVH=FZ>^W_P`@NX]6NMN*6-UWN;+N[6"9_D_26!T&BK&H;3(:QHW']YY6F+?M
M6577'Z)KG`QY[9_ZE)3UK'?HVG@1N/;MW37==Z5@EK,K(978[4-U,#^4GL8X
MU%H&KN?)<YU/J'1V3BNPK.I7-'O%31M9X[[;/9_824]4SZQ?5VZN6YM3GD2`
M#K/@JF1D56B:'!X=J"#I`7`MHZ<^TVXV%?B,%A87;VO:7#NUL;O3_EKL.A=)
MM<#:XFMA$-81W.LI*;=EK!5^D</:.%SO6LC'?4XBQ@'Q"R?K=UC*P.H/PPZ`
M1[3Y%<ZT4VR<K)L9N&[VLD<Q+M?W@DIAGM&YSF$.;KJ%F.<'`SQ/?[E<MJ;7
M:!6_U*W<.\5GG0D>924MQH>R2DQKGN@<PK#\&W:"T1XI*8?^\:2EL?X?]I8^
M:22G_]+`NS'"]\#L?RE4?JM19=UFRZ/T<.#CVU5F]P]=VG[WY2I?58GTLES=
M/>Z$E.AAX[[NHLI:)KDZ#@[07!O_`$5T-G3\O#NQJR-[K"TWAOTFM):=S@/H
ML_-5+ZJN9]IQ08WG))'B=H/M_M+J[ZW4UW.L;[[[I8>=U8][-O\`:*2FUC;+
M)W#=NTB5,XS*?YD"@C7Z`<->YW*MB$#4'ORM*LU6"7$RDIR+.F5WY'JV7%W<
MM8QK)/\`95U[QC[0T;?#X*-^38R[T\9NY\2>\#\YSEFGK&,,M]/V?*L:`XNR
M7UGT71SZ=[3^:DIXKZ]8KG=6HO<W]&1M#SJ)F>$>G$^TXK0<:ASX^EJPG^MM
M]KE6^N/7L/,91AT^YX=+]O@/HJS]7NILR<9U1'NI]I/EV24X^7T$XS+;;2UK
MG:L8W@'NN7N$6.^*['ZRY/`!U/*Y05FRRP`2=3\DE(.&`C0F1/DC?;K]H;II
MW07?1:/"4A8=NV`?BDI-O?X_]I)^:2;_`-Y$DE/_T^=OJ?ZSO:?SORE+ZJF,
M;)/\IVBI7]>FQ\1IN'XE5.E=6^PML:X$^H2=/-)3NT9MN'DLOI/Z>FT/8/#:
M=Q_SEZ1D=8P.IX^,,2YEA^FZMO+`X>W?_:]J\6MZJ]SR]C3,R%VOU*RZKLG]
M'_A:2XCP+'_G?RMKTE/;4NVG3B!QYJYCM<&ESCIV6?CO:;K&N,$`$3W"TK;F
MUXFYHE[1[0/%)36;;LWN<?3=;S.A#1PL_K%PQNGW?9Q+KM(;Q/[T)J^C=0R&
MG,S<VQMC]6T5PUC&_F[MS2^QZJ9V#56`UV;D;GZ-8"UP_P"I24\S]9>C8K,>
MC(KJ;780/5<W270-Q*K?5VRNNQU<#:[0GP=^:K/7<>R['-WVV][1)`<&AL`Q
MQ"%]5NGS7:'.!=:`YCB(B$E.9]8GO^U[3P$'I]=8P<F]WT[):#X-'_DD_P!9
M[`,XU-,^F!)62SJ&0REU((VNG7PE)2.Z-K2.=4K#5Z30UON\4)))2?\`]Y$D
MO_>-))3_`/_4\T?_`#C_`.N[\I3)W_SC_P"N[\I3)*4NF_Q>V7-Z^6,EU1HL
M-H["(+7?YRYE=M_B^:S&SG5O`]:ZHD`]RUS7N9_VVDI[G);&V]NI:/='=I5J
MC):\-!=I'S0PU@_1OX=.QWQ_-67E,NQ["&:`F8_N<DIZ:195H=/[ED9^$&N#
M]9/$'CQ68WKF=08]/>T>!@CY++ZA];;W.@X]@@^Z1`24DZCC8]+2+@7UNUVS
M]P6+?U.O#<YU)AHD,"#UCZQOR:_3J:6D\DB"N?<]SS[B2DI%FY3LF^RQWTGG
M4JNG=](_%,DI22222D__`+QI)?\`O&DDI__5\V].RRUXK:7^]W`\RK#.FWNU
M>YK/+DK3)&YX``]SN-.Y3B"4E(,7`QZ2'F7V=G.X']5JT,6Z[%R*\F@Q=2X6
M5SQN;^:[^2]OL54D[E88Z0DI],PLK%ZI@59=(!JN$EA.K'C^<J=_PE3TK\=[
MF%I!OK`T;Q8/ZKOSUQ7U:ZV.D]1^SY!_R?G.#;/"NWZ-=_\`5=_-W+T1K2"6
MGD=DE/)YG2LJPN=BW!P;RUP(>/Z[%D972^I.J)>1H?-=QDU5VF7B".'M,.']
MH+)SF95-;X`R*M3OT:X1^^/HN_LI*?.<O'--A%ADRJ+_`*4#GOY+I[^C=0ZG
M9]J],T8I&XW6"#M_?KJ^D_=^9^8LC/Q6U.+*V[6,T:#R?Y3S^^Y)3C7-#;'1
MQRH(]P(L!\1^1#+`>-$E,$E+8Y,6N'(24F_]XTDO_>1))3__UN3=3=O>?2L^
MD[_!N\3_`"5)M5W^BL_[;=_Y%<HDDIZE]5V\'TK-1^X[_P`BBL9=`_16?YCO
M_(KD4DE/8.HML:=U5A$1&QW?^RN[^IW5[<[`.'E->,O!`;N<UP]2GZ--DN'N
M>S^;L7BB22GZ$L:28VG[BN?^LV0ZUO[!Q&NLRLE@?>QH<'&N=K,>MS1]*Y_N
MM_T6/7O7C:22GI\JSJW3>H%]53ZKV>USFBRQKA_H['NWMNJ=_P"<(][WYE+<
MIE-C0_1]>QQ+'CZ5?T?H_G5_R%R*22G8NQ[R]OZ&WF/YM_?^R@NQLAICT;?^
MVW_^16:DDITFTW]Z;?\`MM__`)%%&/?_`*&W_MM__D5D))*=W[-;_H+/Z)'T
M'<_YJ2PDDE/_V0`X0DE-!"$``````%4````!`0````\`00!D`&\`8@!E`"``
M4`!H`&\`=`!O`',`:`!O`'`````3`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S
M`&@`;P!P`"``0P!3`#8````!`#A"24T$!@``````!P`(``$``0$`_^%T.VAT
M='`Z+R]N<RYA9&]B92YC;VTO>&%P+S$N,"\`/#]X<&%C:V5T(&)E9VEN/2+O
MN[\B(&ED/2)7-4TP37!#96AI2'IR95-Z3E1C>FMC.60B/SX@/'@Z>&UP;65T
M82!X;6QN<SIX/2)A9&]B93IN<SIM971A+R(@>#IX;7!T:STB061O8F4@6$U0
M($-O<F4@-2XS+6,P,3$@-C8N,30U-C8Q+"`R,#$R+S`R+S`V+3$T.C4V.C(W
M("`@("`@("`B/B`\<F1F.E)$1B!X;6QN<SIR9&8](FAT='`Z+R]W=W<N=S,N
M;W)G+S$Y.3DO,#(O,C(M<F1F+7-Y;G1A>"UN<R,B/B`\<F1F.D1E<V-R:7!T
M:6]N(')D9CIA8F]U=#TB(B!X;6QN<SIX;7!-33TB:'1T<#HO+VYS+F%D;V)E
M+F-O;2]X87`O,2XP+VUM+R(@>&UL;G,Z<W12968](FAT='`Z+R]N<RYA9&]B
M92YC;VTO>&%P+S$N,"]S5'EP92]297-O=7)C95)E9B,B('AM;&YS.G-T179T
M/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O<U1Y<&4O4F5S;W5R8V5%
M=F5N=",B('AM;&YS.GAM<#TB:'1T<#HO+VYS+F%D;V)E+F-O;2]X87`O,2XP
M+R(@>&UL;G,Z>&UP5%!G/2)H='1P.B\O;G,N861O8F4N8V]M+WAA<"\Q+C`O
M="]P9R\B('AM;&YS.GAM<$=);6<](FAT='`Z+R]N<RYA9&]B92YC;VTO>&%P
M+S$N,"]G+VEM9R\B('AM;&YS.FED4')I=CTB:'1T<#HO+VYS+F%D;V)E+F-O
M;2]X;7`O26Y$97-I9VXO<')I=F%T92(@>&UL;G,Z9&,](FAT='`Z+R]P=7)L
M+F]R9R]D8R]E;&5M96YT<R\Q+C$O(B!X;6QN<SIP9&8](FAT='`Z+R]N<RYA
M9&]B92YC;VTO<&1F+S$N,R\B('AM;&YS.G!H;W1O<VAO<#TB:'1T<#HO+VYS
M+F%D;V)E+F-O;2]P:&]T;W-H;W`O,2XP+R(@>&UP34TZ26YS=&%N8V5)1#TB
M>&UP+FEI9#I!1#)$-#%&.#5!,C)%,C$Q04,W-D1&0S$R.45#,#E!1B(@>&UP
M34TZ1&]C=6UE;G1)1#TB>&UP+F1I9#I%-39$.#0W0C4Y,C)%,C$Q04,W-D1&
M0S$R.45#,#E!1B(@>&UP34TZ3W)I9VEN86Q$;V-U;65N=$E$/2)A9&]B93ID
M;V-I9#II;F1D.C,R.34W9F4P+3$X8F(M,3%E,"TY,#<Y+68W-V,P-3(S9F0Y
M,B(@>&UP34TZ4F5N9&ET:6]N0VQA<W,](G!R;V]F.G!D9B(@>&UP.D-R96%T
M941A=&4](C(P,3(M,3`M,3E4,3(Z,C0Z,#8M,#4Z,#`B('AM<#I-;V1I9GE$
M871E/2(R,#$R+3$P+3,P5#$Q.C4X.C`X*S`U.C,P(B!X;7`Z365T861A=&%$
M871E/2(R,#$R+3$P+3,P5#$Q.C4X.C`X*S`U.C,P(B!X;7`Z0W)E871O<E1O
M;VP](D%D;V)E($EN1&5S:6=N($-3-2XU("@W+C4N,BDB(&ED4')I=CI$;V-#
M:&%N9V5#;W5N=#TB,30P,B(@9&,Z9F]R;6%T/2)I;6%G92]J<&5G(B!P9&8Z
M4')O9'5C97(](D%D;V)E(%!$1B!,:6)R87)Y(#DN.2(@<&1F.E1R87!P960]
M(D9A;'-E(B!P:&]T;W-H;W`Z0V]L;W)-;V1E/2(S(B!P:&]T;W-H;W`Z24-#
M4')O9FEL93TB<U)'0B!)14,V,3DV-BTR+C$B/B`\>&UP34TZ1&5R:79E9$9R
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M(G!R;V]F.G!D9B(O/B`\>&UP34TZ2&ES=&]R>3X@/')D9CI397$^(#QR9&8Z
M;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP
M+FEI9#HP.3@P,3$W-#`W,C`V.#$Q.$$V1$-&-4%%1$)%-40U1B(@<W1%=G0Z
M=VAE;CTB,C`Q,2TP,2TQ,E0P.3HQ-#HQ."TP-CHP,"(@<W1%=G0Z<V]F='=A
M<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O
M.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T
M179T.FEN<W1A;F-E240](GAM<"YI:60Z,$$X,#$Q-S0P-S(P-C@Q,3A!-D1#
M1C5!141"135$-48B('-T179T.G=H96X](C(P,3$M,#$M,3)4,#DZ,30Z,3@M
M,#8Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N
M,"(@<W1%=G0Z8VAA;F=E9#TB+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z
M86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I#,3)$
M1CDQ-3)",C`V.#$Q.$,Q-$1%-S4Y13=&-D5%1B(@<W1%=G0Z=VAE;CTB,C`Q
M,2TP,BTQ,50Q-#HU,CHS,"TP-CHP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB
M061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T
M82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A
M;F-E240](GAM<"YI:60Z0S(R1$8Y,34R0C(P-C@Q,3A#,31$13<U.44W1C9%
M148B('-T179T.G=H96X](C(P,3$M,#(M,3%4,30Z-3(Z,S`M,#8Z,#`B('-T
M179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z
M8VAA;F=E9#TB+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S
M879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I!.#,P141"0C$Y,C`V
M.#$Q.$$V1$(V-T(Y-#-",#8R,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP."TR-50Q
M,3HU-SHT."TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$
M97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F
M.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM
M<"YI:60Z03DS,$5$0D(Q.3(P-C@Q,3A!-D1"-C=".30S0C`V,C(B('-T179T
M.G=H96X](C(P,3$M,#@M,C54,3$Z-3<Z-#@M,#4Z,#`B('-T179T.G-O9G1W
M87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB
M+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%
M=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I".3A"0C,U1#(Q,C`V.#$Q.$$V1$(V
M-T(Y-#-",#8R,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP."TR-50Q,CHU,CHR-BTP
M-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP
M(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T
M.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z0S(X
M0D(S-40R,3(P-C@Q,3A!-D1"-C=".30S0C`V,C(B('-T179T.G=H96X](C(P
M,3$M,#@M,C54,3,Z,#$Z,#@M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0]
M(D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A
M=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T
M86YC94E$/2)X;7`N:6ED.C5%.#<P0C$Y,CDR,#8X,3$X039$0C8W0CDT,T(P
M-C(R(B!S=$5V=#IW:&5N/2(R,#$Q+3`X+3(U5#$S.C0W.C0W+3`U.C`P(B!S
M=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T
M.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N
M/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I",#4U-C$S-30Q
M,C`V.#$Q.$$V1$(V-T(Y-#-",#8R,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP."TR
M-50Q-CHT,#HR,RTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@
M26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\
M<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240]
M(GAM<"YI:60Z0C4Q,D,Q0D(P-S(P-C@Q,3A#,30Y1C%!1$(P-S@W0S,B('-T
M179T.G=H96X](C(P,3$M,#@M,C94,#DZ-#$Z-#`M,#4Z,#`B('-T179T.G-O
M9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E
M9#TB+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@
M<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I&-C8X,$(Q,#`X,C`V.#$Q.$,Q
M-#E&,4%$0C`W.#=#,R(@<W1%=G0Z=VAE;CTB,C`Q,2TP."TR-E0P.3HT,3HT
M,"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@
M-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T
M179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z
M1C0X-T$V,$,P0C(P-C@Q,3A#,30Y1C%!1$(P-S@W0S,B('-T179T.G=H96X]
M(C(P,3$M,#@M,C94,3`Z,#,Z,#,M,#4Z,#`B('-T179T.G-O9G1W87)E06=E
M;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T
M861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II
M;G-T86YC94E$/2)X;7`N:6ED.C)&,SDU0D4V,3(R,#8X,3$X0S$T140U1#<X
M1C8R,S=&(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3`X5#$P.C,S.C$P+3`U.C`P
M(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T
M179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T
M:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HQ03<X0S4P
M,#$S,C`V.#$Q.$,Q-$5$-40W.$8V,C,W1B(@<W1%=G0Z=VAE;CTB,C`Q,2TP
M.2TP.%0Q,#HS,SHU-"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O
M8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O
M/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E
M240](GAM<"YI:60Z,S5"1#%#.40S-#(P-C@Q,3A#,31%1#5$-SA&-C(S-T8B
M('-T179T.G=H96X](C(P,3$M,#DM,#A4,30Z,S0Z,S$M,#4Z,#`B('-T179T
M.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA
M;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A
M=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D8R.$$P,4(T,#DR,#8X
M,3$X039$03$R0D$Q0D0V,$8S(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$R5#`X
M.C0T.C`Q+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E
M<VEG;B`W+C`B('-T179T.F-H86YG960](B]M971A9&%T82(O/B`\<F1F.FQI
M('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI
M:60Z0S-%,D4V1#$P.3(P-C@Q,3A!-D1!,3)"03%"1#8P1C,B('-T179T.G=H
M96X](C(P,3$M,#DM,3)4,#@Z-#0Z,#$M,#4Z,#`B('-T179T.G-O9G1W87)E
M06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO
M;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V
M=#II;G-T86YC94E$/2)X;7`N:6ED.D-!1#9%1#DR,S$R,#8X,3$X0S$T0D4Q
M0S`V04%!,$9#(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$S5#$U.C4U.C,V+3`U
M.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B
M('-T179T.F-H86YG960](B]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C
M=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z0T(R0C<W
M0C(S,3(P-C@Q,3A#,31"13%#,#9!04$P1D,B('-T179T.G=H96X](C(P,3$M
M,#DM,3-4,34Z-34Z,S8M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D
M;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B
M+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC
M94E$/2)X;7`N:6ED.CE$1#4P144W,34R,#8X,3$X0S$T.#A#-C5$04%&.38R
M(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$U5#$P.C`U.C0Q+3`U.C`P(B!S=$5V
M=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H
M86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S
M879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HY140U,$5%-S$U,C`V
M.#$Q.$,Q-#@X0S8U1$%!1CDV,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-50Q
M,#HP-3HT,2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$
M97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O;65T861A=&$B+SX@/')D9CIL
M:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N
M:6ED.D4W0S<U-S)#,38R,#8X,3$X0S$T.#A#-C5$04%&.38R(B!S=$5V=#IW
M:&5N/2(R,#$Q+3`Y+3$U5#$P.C`W.C,X+3`U.C`P(B!S=$5V=#IS;V9T=V%R
M94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[
M+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%
M=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I&.#E$0T0W03$V,C`V.#$Q.$,Q-#@X
M0S8U1$%!1CDV,B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-50Q,#HP.3HT.2TP
M-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP
M(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T
M.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z-38V
M-C0R-S4T.#(P-C@Q,3A#,30X.$,V-41!048Y-C(B('-T179T.G=H96X](C(P
M,3$M,#DM,354,38Z,#<Z,S8M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0]
M(D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A
M=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T
M86YC94E$/2)X;7`N:6ED.D$V0D,T-C<U-#@R,#8X,3$X0S$T.#A#-C5$04%&
M.38R(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$U5#$V.C`W.C,V+3`U.C`P(B!S
M=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T
M.F-H86YG960](B]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB
M<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z,#DX,3)!.#DT.#(P
M-C@Q,3A#,30X.$,V-41!048Y-C(B('-T179T.G=H96X](C(P,3$M,#DM,354
M,38Z,#@Z,#DM,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN
M1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D
M9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X
M;7`N:6ED.C`P.#`Q,3<T,#<R,#8X,3$X0S$T1D4T039&.#@W0D4Y(B!S=$5V
M=#IW:&5N/2(R,#$Q+3`Y+3$V5#`X.C0U.C`Q+3`U.C`P(B!S=$5V=#IS;V9T
M=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960]
M(B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@
M<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HX,D0S,3,W-#`W,C`V.#$Q.$,Q
M-$9%-$$V1C@X-T)%.2(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0P.#HT-3HP
M,2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@
M-RXP(B!S=$5V=#IC:&%N9V5D/2(O;65T861A=&$B+SX@/')D9CIL:2!S=$5V
M=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D)"
M,T5!,D8W-#(R,#8X,3$X0S$T.#`P13@P0D1%,S<U(B!S=$5V=#IW:&5N/2(R
M,#$Q+3`Y+3$V5#$T.C4Q.C(V+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT
M/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D
M871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS
M=&%N8V5)1#TB>&UP+FEI9#I"0S-%03)&-S0R,C`V.#$Q.$,Q-#@P,$4X,$)$
M13,W-2(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0Q-#HU,3HR-BTP-3HP,"(@
M<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V
M=#IC:&%N9V5D/2(O;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX]
M(G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C=$-3=&0S@P-#,R
M,#8X,3$X0S$T.#`P13@P0D1%,S<U(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$V
M5#$T.C4U.C$V+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!)
M;D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR
M9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB
M>&UP+FEI9#I&135!13,T030T,C`V.#$Q.$,Q-#@P,$4X,$)$13,W-2(@<W1%
M=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0Q-3HP,#HU-2TP-3HP,"(@<W1%=G0Z<V]F
M='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D
M/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B
M('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z,#@U0D4S-$$T-#(P-C@Q,3A#
M,30X,#!%.#!"1$4S-S4B('-T179T.G=H96X](C(P,3$M,#DM,394,34Z,#(Z
M,S0M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N
M(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S
M=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED
M.D$X1C@X.48U-#0R,#8X,3$X0S$T.#`P13@P0D1%,S<U(B!S=$5V=#IW:&5N
M/2(R,#$Q+3`Y+3$V5#$U.C`U.C0R+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G
M96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE
M=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z
M:6YS=&%N8V5)1#TB>&UP+FEI9#I%-C@R-S<S.#0U,C`V.#$Q.$,Q-#@P,$4X
M,$)$13,W-2(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0Q-3HP-SHS-"TP-3HP
M,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S
M=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C
M=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z-C0W,49"
M,C$T-C(P-C@Q,3A#,30X,#!%.#!"1$4S-S4B('-T179T.G=H96X](C(P,3$M
M,#DM,394,34Z,30Z,#8M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D
M;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B
M+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC
M94E$/2)X;7`N:6ED.C%%,$5"03-#-#8R,#8X,3$X0S$T.#`P13@P0D1%,S<U
M(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$V5#$U.C$T.C4P+3`U.C`P(B!S=$5V
M=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H
M86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S
M879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HQ1C!%0D$S0S0V,C`V
M.#$Q.$,Q-#@P,$4X,$)$13,W-2(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TQ-E0Q
M-3HQ-3HR-2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$
M97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F
M.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM
M<"YI:60Z,C`P14)!,T,T-C(P-C@Q,3A#,30X,#!%.#!"1$4S-S4B('-T179T
M.G=H96X](C(P,3$M,#DM,394,34Z,3@Z,#0M,#4Z,#`B('-T179T.G-O9G1W
M87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB
M+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S
M=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C9!,C)&,T0W-#@R,#8X,3$X0S$T
M.#`P13@P0D1%,S<U(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y+3$V5#$U.C,S.C,P
M+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W
M+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%
M=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HV
M0C(R1C-$-S0X,C`V.#$Q.$,Q-#@P,$4X,$)$13,W-2(@<W1%=G0Z=VAE;CTB
M,C`Q,2TP.2TQ-E0Q-3HS-#HQ-2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N
M=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A
M9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN
M<W1A;F-E240](GAM<"YI:60Z-3@W0D5#,#@P1C(P-C@Q,3A!-D0Y0D1"1#DV
M0C="038B('-T179T.G=H96X](C(P,3$M,#DM,C%4,#DZ,3,Z-#@M,#4Z,#`B
M('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%
M=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I
M;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C4V0SE!0S<W
M,$8R,#8X,3$X039$.4)$0D0Y-D(W0D$V(B!S=$5V=#IW:&5N/2(R,#$Q+3`Y
M+3(Q5#`Y.C$V.C4T+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B
M92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^
M(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)
M1#TB>&UP+FEI9#HU1D,Y04,W-S!&,C`V.#$Q.$$V1#E"1$)$.39"-T)!-B(@
M<W1%=G0Z=VAE;CTB,C`Q,2TP.2TR,50P.3HQ-SHU,"TP-3HP,"(@<W1%=G0Z
M<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N
M9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V
M960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z-3DU,#`W030P1C(P-C@Q
M,3A!-D0Y0D1"1#DV0C="038B('-T179T.G=H96X](C(P,3$M,#DM,C%4,#DZ
M,3@Z,#@M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S
M:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL
M:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N
M:6ED.C(V0T$V-3$X,C(R,#8X,3$X039$.4)$0D0Y-D(W0D$V(B!S=$5V=#IW
M:&5N/2(R,#$Q+3`Y+3(Q5#$Q.C,P.C$U+3`U.C`P(B!S=$5V=#IS;V9T=V%R
M94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[
M+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%
M=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HR.#5"-T,R0C(R,C`V.#$Q.$$V1#E"
M1$)$.39"-T)!-B(@<W1%=G0Z=VAE;CTB,C`Q,2TP.2TR,50Q,3HS,#HT-RTP
M-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP
M(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T
M.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z13%$
M1C-".#(S03(P-C@Q,3A#,31#-C-$,C,R040R-3,B('-T179T.G=H96X](C(P
M,3$M,#DM,C94,34Z,S$Z,S<M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0]
M(D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A
M=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T
M86YC94E$/2)X;7`N:6ED.C`Y.#`Q,3<T,#<R,#8X,3$X0S$T.#-%-3(R,T0Q
M,$9%(B!S=$5V=#IW:&5N/2(R,#$Q+3$P+3`T5#$Q.C0Y.C,Y+3`U.C`P(B!S
M=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C`B('-T179T
M.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N
M/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HY1#DX0C@W.#`W
M,C`V.#$Q.$,Q-#@S134R,C-$,3!&12(@<W1%=G0Z=VAE;CTB,C`Q,2TQ,"TP
M-%0Q,3HT.3HT-RTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@
M26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\
M<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240]
M(GAM<"YI:60Z0C(W1#=$03DS1#(P-C@Q,3A#,31"1C0Q0S$X.30U-D(B('-T
M179T.G=H96X](C(P,3$M,3`M,#=4,30Z,SDM,#4Z,#`B('-T179T.G-O9G1W
M87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E9#TB
M+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S
M=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D1#-3-#,$1$-#$R,#8X,3$X0S$T
M0D8T,4,Q.#DT-39"(B!S=$5V=#IW:&5N/2(R,#$Q+3$P+3`W5#$T.C4U.C,P
M+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W
M+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%
M=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I&
M1C=&,3$W-#`W,C`V.#$Q.$,Q-$4P-D$Q,$8V.$(X,R(@<W1%=G0Z=VAE;CTB
M,C`Q,2TQ,"TQ,%0Q,SHS-SHU-BTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N
M=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A
M9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN
M<W1A;F-E240](GAM<"YI:60Z041"-38Y.#$P-S(P-C@Q,3A#,31%,#9!,3!&
M-CA".#,B('-T179T.G=H96X](C(P,3$M,3`M,3!4,3,Z,S@Z,3@M,#4Z,#`B
M('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%
M=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I
M;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C`T.3`T134P
M-#DR,#8X,3$X039$03(R-#<S,40W0T8W(B!S=$5V=#IW:&5N/2(R,#$Q+3$P
M+3$T5#$V.C$Q.C`R+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B
M92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B]M971A9&%T82(O/B`\
M<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240]
M(GAM<"YI:60Z1$-%.31#-$8T03(P-C@Q,3A!-D1!,C(T-S,Q1#=#1C<B('-T
M179T.G=H96X](C(P,3$M,3`M,314,38Z,3$Z,#(M,#4Z,#`B('-T179T.G-O
M9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@<W1%=G0Z8VAA;F=E
M9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D
M(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C,T-3`Y-#A$-$$R,#8X,3$X
M039$03(R-#<S,40W0T8W(B!S=$5V=#IW:&5N/2(R,#$Q+3$P+3$T5#$V.C$R
M.C0V+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG
M;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@
M<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI
M9#I&03-"-D1!,31!,C`V.#$Q.$$V1$$R,C0W,S%$-T-&-R(@<W1%=G0Z=VAE
M;CTB,C`Q,2TQ,"TQ-%0Q-CHQ,SHR,"TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!
M9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC:&%N9V5D/2(O.R]M
M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T
M.FEN<W1A;F-E240](GAM<"YI:60Z1D(S0C9$03$T03(P-C@Q,3A!-D1!,C(T
M-S,Q1#=#1C<B('-T179T.G=H96X](C(P,3$M,3`M,314,38Z,3,Z,S8M,#4Z
M,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N,"(@
M<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA
M8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D)$,D9&
M-$$P,S8R,#8X,3$X039$.$0R-CDT13<W,C(P(B!S=$5V=#IW:&5N/2(R,#$Q
M+3$P+3(P5#$T.C`Y.C$W+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!
M9&]B92!);D1E<VEG;B`W+C`B('-T179T.F-H86YG960](B\[+VUE=&%D871A
M(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N
M8V5)1#TB>&UP+FEI9#I#-C)&1C1!,#,V,C`V.#$Q.$$V1#A$,C8Y-$4W-S(R
M,"(@<W1%=G0Z=VAE;CTB,C`Q,2TQ,"TR,%0Q-#HP.3HS.2TP-3HP,"(@<W1%
M=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXP(B!S=$5V=#IC
M:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB
M<V%V960B('-T179T.FEN<W1A;F-E240](GAM<"YI:60Z,#DX,#$Q-S0P-S(P
M-C@Q,3A#,31&0T4P0D$W.#0S134B('-T179T.G=H96X](C(P,3(M,#DM,C94
M,#DZ,S4Z,S,M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN
M1&5S:6=N(#<N-2(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D
M9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X
M;7`N:6ED.C!!.#`Q,3<T,#<R,#8X,3$X0S$T1D-%,$)!-S@T,T4U(B!S=$5V
M=#IW:&5N/2(R,#$R+3`Y+3(V5#`Y.C,U.C,S+3`U.C`P(B!S=$5V=#IS;V9T
M=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W+C4B('-T179T.F-H86YG960]
M(B]M971A9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T
M179T.FEN<W1A;F-E240](GAM<"YI:60Z,S4R,4)%,T0P13(P-C@Q,3A#,31$
M.#DQ,C,R0C$Q.34B('-T179T.G=H96X](C(P,3(M,#DM,C=4,3`Z-3DZ,C8M
M,#4Z,#`B('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N
M-2(@<W1%=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V
M=#IA8W1I;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.C,V
M,C%"13-$,$4R,#8X,3$X0S$T1#@Y,3(S,D(Q,3DU(B!S=$5V=#IW:&5N/2(R
M,#$R+3`Y+3(W5#$P.C4Y.C(V+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT
M/2)!9&]B92!);D1E<VEG;B`W+C4B('-T179T.F-H86YG960](B]M971A9&%T
M82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A
M;F-E240](GAM<"YI:60Z,S<R,4)%,T0P13(P-C@Q,3A#,31$.#DQ,C,R0C$Q
M.34B('-T179T.G=H96X](C(P,3(M,#DM,C=4,3`Z-3DZ,S<M,#4Z,#`B('-T
M179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N-2(@<W1%=G0Z
M8VAA;F=E9#TB+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S
M879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#I"0D)"148T,S!%,C`V
M.#$Q.$,Q-$0X.3$R,S)",3$Y-2(@<W1%=G0Z=VAE;CTB,C`Q,BTP.2TR-U0Q
M,#HU.3HS-RTP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N=#TB061O8F4@26Y$
M97-I9VX@-RXU(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A9&%T82(O/B`\<F1F
M.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN<W1A;F-E240](GAM
M<"YI:60Z-T0S-38W-T(R,S(P-C@Q,3@P.#-".#(U0T5!03!%,D$B('-T179T
M.G=H96X](C(P,3(M,3`M,3)4,3(Z,3`Z,SDM,#4Z,#`B('-T179T.G-O9G1W
M87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N-2(@<W1%=G0Z8VAA;F=E9#TB
M+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S
M=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D8R1C`W-S=#,D,R,#8X,3$X,#@S
M.3<P03,W,$(V-#4Q(B!S=$5V=#IW:&5N/2(R,#$R+3$P+3$W5#$R.C0X.C4U
M+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG;B`W
M+C4B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@<W1%
M=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)1#TB>&UP+FEI9#HP
M145#,S4R.3!%,C`V.#$Q.$,Q-$)!-S5#,T0X13<V1B(@<W1%=G0Z=VAE;CTB
M,C`Q,BTQ,"TQ.%0P.3HR,3HR,2TP-3HP,"(@<W1%=G0Z<V]F='=A<F5!9V5N
M=#TB061O8F4@26Y$97-I9VX@-RXU(B!S=$5V=#IC:&%N9V5D/2(O.R]M971A
M9&%T82(O/B`\<F1F.FQI('-T179T.F%C=&EO;CTB<V%V960B('-T179T.FEN
M<W1A;F-E240](GAM<"YI:60Z,T$S,3)"0C(Q,#(P-C@Q,3A#,31"03<U0S-$
M.$4W-D8B('-T179T.G=H96X](C(P,3(M,3`M,3A4,#DZ,S<Z-3`M,#4Z,#`B
M('-T179T.G-O9G1W87)E06=E;G0](D%D;V)E($EN1&5S:6=N(#<N-2(@<W1%
M=G0Z8VAA;F=E9#TB+SLO;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I
M;VX](G-A=F5D(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.CA"1D(T-S`S
M,C$R,#8X,3$X039$0SDU-T%#1C0X1D$X(B!S=$5V=#IW:&5N/2(R,#$R+3$P
M+3$Y5#$Q.C,P.C$T+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B
M92!);D1E<VEG;B`W+C4B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^
M(#QR9&8Z;&D@<W1%=G0Z86-T:6]N/2)S879E9"(@<W1%=G0Z:6YS=&%N8V5)
M1#TB>&UP+FEI9#HX0T9"-#<P,S(Q,C`V.#$Q.$$V1$,Y-3=!0T8T.$9!."(@
M<W1%=G0Z=VAE;CTB,C`Q,BTQ,"TQ.50Q,3HS,#HR-"TP-3HP,"(@<W1%=G0Z
M<V]F='=A<F5!9V5N=#TB061O8F4@26Y$97-I9VX@-RXU(B!S=$5V=#IC:&%N
M9V5D/2(O;65T861A=&$B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D
M(B!S=$5V=#II;G-T86YC94E$/2)X;7`N:6ED.D8R,C,W,3A$,C$R,#8X,3$X
M039$0SDU-T%#1C0X1D$X(B!S=$5V=#IW:&5N/2(R,#$R+3$P+3$Y5#$Q.C,P
M.C(T+3`U.C`P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!);D1E<VEG
M;B`W+C4B('-T179T.F-H86YG960](B\[+VUE=&%D871A(B\^(#QR9&8Z;&D@
M<W1%=G0Z86-T:6]N/2)C;VYV97)T960B('-T179T.G!A<F%M971E<G,](F9R
M;VT@87!P;&EC871I;VXO<&1F('1O(&%P<&QI8V%T:6]N+W9N9"YA9&]B92YP
M:&]T;W-H;W`B+SX@/')D9CIL:2!S=$5V=#IA8W1I;VX](G-A=F5D(B!S=$5V
M=#II;G-T86YC94E$/2)X;7`N:6ED.D4U-D0X-#="-3DR,D4R,3%!0S<V1$9#
M,3(Y14,P.4%&(B!S=$5V=#IW:&5N/2(R,#$R+3$P+3,P5#$Q.C4X.C`X*S`U
M.C,P(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!0:&]T;W-H;W`@0U,V
M("A7:6YD;W=S*2(@<W1%=G0Z8VAA;F=E9#TB+R(O/B`\<F1F.FQI('-T179T
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M;G-T86YC94E$/2)X;7`N:6ED.D%$,D0T,48X-4$R,D4R,3%!0S<V1$9#,3(Y
M14,P.4%&(B!S=$5V=#IW:&5N/2(R,#$R+3$P+3,P5#$Q.C4X.C`X*S`U.C,P
M(B!S=$5V=#IS;V9T=V%R94%G96YT/2)!9&]B92!0:&]T;W-H;W`@0U,V("A7
M:6YD;W=S*2(@<W1%=G0Z8VAA;F=E9#TB+R(O/B`\+W)D9CI397$^(#PO>&UP
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M1C%2:V1-4%,T9V=M9W=K2T=";45L159'<$Q25S`Q56\F(WA!.T=V3&HX.%15
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M3G`Y<DI*2DIA=W,W=3!-8DUZ33!:2DI*,T]+<'0O9WIY9CA!.5=(5&8K:T]$
M+W%N:7)V.$=E5"]!4'%W-F(O,&AW9CDF(WA!.U4X5F0O9WIY9B\Q661.+S91
M-%`K<65+=2]W04=E5"\K<D1P=B]32$(O=T)5.%9D+V=Z>68O=T)72%1F*VM/
M1"]!2W`T<3<O0FYK+R\F(WA!.T%+<T]M+SA!4TA"+S%4>%8S*T102B\X03%9
M9$XO=T-K3T0O<6YI<G8X1V54+W=$<7<V8B]!3DEC2"]64$989C1-.&XO05!6
M:#`S+W`F(WA!.T1G+S9P-'$W+T)N:R]W1#9S3VTO.4EC2"]64$989C1-.&XO
M.5=(5&8K:T]$+W%N:7)V.$%";FLO+W%W-F(O,&AW9CA!5E!&6&8T33@F(WA!
M.VXO.$%6:#`S+W!$9R]W0W%E2W4O=UHU4"]W0W)$<'8O045H=V8Y53A69"]G
M>GEF+T%.5TA49CA!<$1G+S9P-'$W+T)N:R\X039S3VTF(WA!.R]W1%-(0B\Q
M5'A6,RM$4$HO=T0Q661.+S91-%`K<65+=2]W6C50.$$K<D1P=B]32$(O,51X
M5C,K1%!*+R]6:#`S+W!$9R\V<#1Q-R\F(WA!.T%!6C50+S9S3VTO.4EC2"]!
M1E1X5C,K1%!*+R]!1EED3B\V4310.$%Q;FER=CA'950O.$%Q=S9B+W="26-(
M+U901EAF-$TX;B]W1%8F(WA!.V@P,R]!2U$T4"MQ94MU+W=:-5`O04]R1'!V
M.$$P:'=F.54X5F0U32\U42]19BLR8EHO.$%*:5!&551R=70R4&PW4W)N5CE2
M9FI"87@F(WA!.VU1<4-/8FM505)!>%5&;5EG1#4T<3AF.&AA+W)0;3-Z2G)/
M<'9E6$0S<V%P95=E;"MS-&=A,T4V0S1G-&QF4E`W:RMM=DUD5S5D4GDF(WA!
M.T-R,E!33E8P+U=B0T\Y,'E14$%F9S0P-'1'>3=.1DEN5E=8;U905$959&ER
M<U9D:7)S5E-J>DQC87!B86-*3DEH3GAC96]O2TM'2C0F(WA!.VM.52]U,E4T
M<7A4.4PK92\K<F$O+T%4+T%05EA&6&9P9GHS+T%.5S$O=T1G2B\X07%R:7)V
M,'8U-R\V='(O.$%!5"\Y5F-69"ML+U`F(WA!.V8O5G1F+V=*+W=$<7)I<G8P
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M<C)66G)P+VQ(57)D9$XQ4G(X5RMV,C`F(WA!.T5D=&9Z>&AP;TPV3DM+4')3
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M54IQ3VU73W)7+W="5C%#3#%O47=F:GE:9FE&84=Q37`W-'%L9BM"+TLF(WA!
M.R]W1'EW+SA!2E=B+T%+<31Q;4]M85!P=6IX=D9P<U!O2DM1>FIK-S%)1E`R
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M.TMD1R\S-C,O04%$9C!X<%AF-'`P8B]F<F8X03,Y359D+VEJ4B]W1&9R9CA!
M04XO5$97+SA585`O04PY8B]G1R]P:7)V.%0V4"]V,78F(WA!.RM!8BMM2W4O
M>%!O+RLO5R\T0G8V63!R9BM*=$DO=T(K="]W1&8P>%8S*TIT22\S-C,O04XO
M5$=L9"]I6%-F.$%F:F8X03,Y359B+W@F(WA!.TIP4"LO1R\T0G8V67%I-TQ5
M8EA5035T5TQ#3V=A;TDV.4]V>7A61EEQ:W9K>B]L1#E"+S=:=&XO04UM23A6
M5')&6%EQ-T9867$W1E@F(WA!.UEQ-T95:#@T8C93=B]'6F8Q4&E&65)40VAU
M;4MT,'A6=FII<F9(1E<V67$S5$97-EEQ-#!517-104]P3W=X5C!B>'E0-F-B
M0FTS3D(F(WA!.W9S0E4O9TU65D]/2W1H8U9B0S1Q,D9X5FLS;$U54S8K868X
M04<R2E-Y2$%Q4RM44"M54#!(+W1M,F8X07E9:GA63W-69&ER<U9D:7(F(WA!
M.W-69&ER<U933'IC2S95=B]!0FU8.519:%=&.&-+1RM/2W0P>%9U;4MT:&-6
M8D,T<3-X>%9Z1E55=3)W545K*W=X5DET479N=3-&=D4F(WA!.TM)4T-2,V]E
M-UEQ=FAU;3`V94,T:DY04UEF1%@W439%9F0Q>%9063548T8U86)&<6AL*WE1
M,WA,5#9-5E9/3TMT:&-68C0T<7E0>7,F(WA!.TM*8R].4#A!:F)!57`O:7%3
M*U10*U50,$@O=&TR9CA!>5EJ>%9/<U9D:7)S5F1I<G-69&ER<U935'I:=G!A
M+SA:5B]5,DMS3C0T54XF(WA!.VAC5F(T-'$R1GA6=FII<F9(1E9W6$951'%K
M+V]W96ET3V,Q4E$O>3DX5E-3,VIO>&Q9:'1Q02]R>%9U8FIC33!$52M!8V=P
M,EDQ,U`F(WA!.T4K4"M4:7%A84E894-/04U0,TQ!,55B;$=0-U@O0DAT:7%D
M.$M';7AP-&(T<3-X>%9S3&ER25!,26]L>#@P+S0R=TI4,T95;#AM9C@F(WA!
M.V]F;U`O8DYS+W=$:WA(:7%D67$W1EA9<3=&6%EQ-T9867%K=FUR9E1&+S1Y
M<BMP<U%R1$5N9VMK35-/1UE#=$)H47)C8U9B0S1Q,D8F(WA!.WA6=FII<F9(
M1EA/5FI1=35O<6EP4'1I<D=,,C1E-VY*2%4W5B]L4W4R2W)B4S-K:UE*5'`Y
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M4FPW.6II<5`T8D)H=4<V14=O4&)A;4MT:&-68D,T<3-X>%9+.61N2U(F(WA!
M.TIB<3%/6G$T2%=G<%%F5&EQ4V)$8VYC;D97=G)!<'E89&%E-')8='1I<2M2
M2$%3-#1&16M9<W145VQ$4FQR,V]C5E969#0U87%256(F(WA!.S$X83=5<&EQ
M9%%P.65H4TU-1E9556]A9EEC2&=&2B]L,WA65S!I:U5,44)3=D)I4W`V:6YW
M;6<S-D55<&EQ86-A67%N5V=#:7HO3F8F(WA!.RM.<T-5-'A62F9*;B]+2#9$
M+S)Z8E`X035-4C1Q;E=+=7A6,DMU>%8R2W5X5C)+<V(X.&M$4FMR5"LO5'(O
M<79I<D)H8DUU>DQX<5`F(WA!.VA&2V)%5G=O4S5*,VI,<40X3&=Q831Q:G1/
M,6TX=%8T1&I*1#%:2F0Q2BMF54AB=&ER261.=7)85F]M84-S5G=M-U<W1W12
M='5J8F4F(WA!.U!41E9T>&575F]Z3&-Z>'A/;3=)>D%-4#EJ,7A62W(W>DQA
M3&$Q<U<U>DYT.%%+.&%G*TDS3TMS8TYX4$EZ3WAO=3E7,RM:27(Q>%8F(WA!
M.W!*;FM,:W111'0Q3D(Q>%9:8S-I:CDS1U%13GEF1&9T:7%+=&(R6&=6;%!Q
M4D$Q9%1U5DI'-7(K=D965V1*3&-J<%9184=T46%B2&,F(WA!.V9F:7%P6C9Z
M9#)+4T93<$1#;T9+,$DV5BMF9D95-U<Y3C%(-G-814]&36A#,7%O2$5M<#<P
M;V-644XW<D]O4E0X-$=(-WEU>D4O1'4F(WA!.V1T=G=X5FPO:T<X=7)Y2SEE
M-6%P0FEO;S9,<SEA5C-W1DQ,<U936'E:+WEH*V<O.7,R>B]!3U1%94MP,6ER
M<U9D:7)S5F1I<G-69&DF(WA!.W)'4%`W1F1$46<P+S!H3SE0,EAX5C5N3'(Q
M>$I%8E955&ER17!)45,T0D9#2S$V2$-H3'DW;C1N,TAC,399<&(K<TU127=X
M5F5W3S(F(WA!.TMQ;'1Q5C=B4TQ*0F-.17EB9VI9:F)&5D8S1$]:1UEV2DE3
M>G-X<5-4,4]+='=G8WHP64$P<65M2W$P<V]+<7%';T<W16(W:G-C54LF(WA!
M.UA*-%5P44MZ1W`O>5(T9#A5;UET37I+=G=M=&9!5C=N1E5B<#@P:DQ*07)E
M;E-J24\S3&]14T]O4&AI<6%#-'1*8F-25"]U0DM3;T(F(WA!.S,Y36=D5"]K
M='EX46AD4S`K-G-55U92-G--;$M&84U#0E$Y4FEQ1VEU3'5)<DE(;&DU,31S
M;S9G;F5O1TM5>%<W<W)U35$S5DEI5#@F(WA!.T5H8C14=#-)<G@S-F9J:6AM
M9C5:3U=H,497*S!J>$0V2U`T645S-7A62F9*;B]+2#9$+S)Z8E`O04I-4C1Q
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M3G-F:5AS93%4,T]+=E-0>6MC=$)Q;DQQ2&A"4&IT2F=6-DII<5,K5%`K55`P
M2"]T;3)F+T%#66IX5D]S5F1I<G-69&DF(WA!.W)S5F1I<G-666(K84Y0.$%$
M4S$V1S5J+T%/27E9<3AH56-$56)J0W$X1FU)0VUG2GA6;VE4=#!(9D96;U-C
M2#1A171T44AF-F-64F,F(WA!.T5+9T5U2VQQ,7`R2&AI<4I#.$%/3WA.2R]Q
M>%%P>E5G:DQ6<DIV>%DW;F)&54=G6DE8;&%G63E0<#(O:FEL9G=A,VAQ;W!)
M+UAV=&DF(WA!.W%J3$EF-W-(8S=U9DAV:7$Q5%)Y1G!4<6%9<3(P,61L,DHR
M,SA-5E5P;31Q1TQ62C(O<FER:$HV63(W8FY&6'`O=T-53"MP8C9O=TXF(WA!
M.V9J:"]62F=6-DYI<5,K5%`K55`P2"]T;3)F.$%Y66IX5D]S5F1I<G-69&ER
M<U9D:7)S5E-N>D9O35!M2W=';GIY=$-G:U=8:V]"3E8F(WA!.T1#;2\K=&ER
M1F8X06Q5;6Y"=5@V46XK6$)C5F)(-51707)455IX6&(W0UEQ=$@U4S))2$5A
M;%!4+U541E8X9C54-F9'4W<Q0V)K92\F(WA!.T)C5E95+TLW5#`O-"]P:C,S
M4F-66$@X<W))+SAF,#,O04%+-'%P>2]L6EIY<T=/;WI,5%E54DU682\U5E1P
M-4%6<BM:9U`X04E81E@F(WA!.U,O;%995$-H=C5G4$%)=4MQ22]+3%114W<Q
M0V5P+WE&>%9S9FQ*<#0V86A.+W=!06U+<E0K54=N13%';WIJ;V1K5'1I<3,O
M;%0R;6(F(WA!.V8W:UHO:')4-$4W-'$T+VLY<'I#:#%+-%!4.6A/,DMS:SAP
M955,8GEN2&12,CEW.7E,=&M9*V]O6&IW1$1B:B]!2S)+<VAX5DIF2FXF(WA!
M.R]+2#9$+S)Z8E`X035-4C1Q;E=+=7A6,DMU>%8R2W5X5C)+<EAK4TUC<$=#
M1'!6:E%F:FEQ;CEB=&8X068P9B]!05$O<FER=G)D<B\F(WA!.T%,*VHO=T-#
M2#EC5F0Y8G1F.2]2+W=$0D0K=4MU*W0R=BLO;R]W1&=H+UA&6&97-U@O9C!F
M+T)$*W5+=2MT,G8K+V\O*T-(.6-69#DF(WA!.V)T9CDO4B\X15`V-'$W-C-A
M+S<K:B\T268Q>%8S,74Q+W="+U(O.$%"1"MU2W4K=#)V.$%V-E`O04E)9C%X
M5C,Q=3$O,SE(+T%-15`F(WA!.S8T<3<V,V$O-RMJ+T%/0T@Y8U9D.6)T9CDO
M4B\X15`V-'$W-C-A+S<K:B\T268Q>%9E:W-5=&949%AP,31K1VXS67%V>%9*
M9DIN+TLF(WA!.T@V1"]!3G,R>B\U35(T<6Y72W5X5C)+=7A6,DMU>%8R2W!4
M-6MN83,P-%-*<4$P<RMO;RMS1E!5-TXX4$=H-C1Q>%0Y2WHO.51C;B\F(WA!
M.T%%:6XO;6Y&6&9P5V8O<6)K+S925"]Z5&ER=C!R4#A!.51C;B]32V8K86-6
M9"ML6B]W1'%B:R\V4E0O>E1I<4IS2DY5,4]C,C%H-7`F(WA!.U=E54M8-&DR
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M<71-5E)8,39X+W=#5VU,+V<Q+W)I<7-K:5-Q2&I93W`V37!Q1#E)>%8F(WA!
M.V1I<G-69&ER<U9D:7)S5F1I<G-69&EQ4RM44"M54#!(+W1M,F8O2FE01E4V
M>%8R2W5X5C)+=7A6,DMU>%9*=DY%159X<&=J;'-:9%,F(WA!.U@Q5E!O47-6
M871'*TMQ.6AI<D50,%A9+SE3<F9F.&IP4"MA8U9D*VDW2"]Q5F(W+T%*2%-F
M.#`T<3<Y1C)0.$$Q2W0Y+W=!:G!0.$$F(WA!.VUN1EAF;W5X+W=#<%9V=BM2
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M,6-B9B]K678Y8U9D+VE445`K<FIB+SA!27AF-C1Q:6(F(WA!.U!5=%`Q1&XY
M4G5)-VXP-F,O5%E.>#56<%=N:E1&559I<G-69&EQ4RM44#A!;$0Y0B]W0S)B
M6B\X;4DX5E1R1EA9<3=&6%EQ-T9867$F(WA!.S=&57(X=U)813%G171R0TQ5
M,SE25#9%>%96<%$O1E9Y0E59<7AR.4@V=CA!.5-L62]W1$EY2"]M=D989F\O
M5B\K<%-S9BM2:U`O3F4F(WA!.TMU+U(K<B\Y4VQ9+SAJ268K83A69"MJ.5@O
M-FQ+>"\U1U$O.#$T<6XY;#5E,'%7,&EK=F1*=&],:&QR2D5%4F=R94A)5G)I
M<78O:'8F(WA!.U%0.$%Q,U<O+TET9C99<3<O1&5G9CE7-C,O-49R+U1&6&8T
M8C!$+W$S5R\O04-,6"MM2W4O=T%.-D(O,6)R9B]!2D9R+U1&6&8T8C`F(WA!
M.T0O<3-7+SA!>4Q8*VU+=2]W,V](+U9U="]W1&M7=CA!5$989C1B,$0O<3-7
M+W=$>4Q8*VU+;VUZ,#-4.5`U+U5B94\R.5-N4#`Q0S@F(WA!.W5.859P-%9X
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M65`K;FA-5F0K;E!.;B]!1EE0*VYH359D*VY03FXO04994"MN:$U69"MN4$YN
M+T%&65`F(WA!.RMN:$U69"MN4$YN+T%&65`K;FA-5E8W3%8O36LY,T9$9#9.
M.5=G9'%35&5S<F-"-#A2:7%F-'$W1EA9<3=&6%EQ-T9867%K=FMZ+VPF(WA!
M.T0Y0B\W6G1N+W=!;4DX5E1R1EA9<3=&6%EQ-T9867$W1E5U,7I56G1,<U1D
M45=S.30T2D%I=&M$=6%+>F1$-#AA9DUJ1E5P+WA(<7`F(WA!.W1*8G!.3W5'
M34UN0FM+.%-51G-,=WEG3V=9:C1G;$].964Q3595<F9Z8F54-F1F,S=A6&9W
M4'`X66M&=$YB;%I:-B\W-DA';C!(-'4F(WA!.W161TMT=#5R,4%*2G@P:E54
M27142$=92T8V4DI.5&M+;W`K27)U96]X5E<P6'I*939W>E9S8G%Z44=7:E1X
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M3UEX.61J:$17-C@K1F542U-W-#@V;6]P-S1Q9V\O3U8F(WA!.S`W;4YT2S%*
M5S5S9U`Q87%.>&MA3V]F<%-G-4AW2'EX5D5J>DYE9E4T3'E45'(V4#%O,VMA
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M5F1I<G-69&ER<U9D:7)S5F1I<G-69B\O6B(O/B`\+W)D9CI397$^(#PO>&UP
M.E!A9V5);F9O/B`\+W)D9CI$97-C<FEP=&EO;CX@/"]R9&8Z4D1&/B`\+W@Z
M>&UP;65T83X@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@
M("`@("`@("`@("`@("`@("`@("`@("`@("`@("`@("`\/WAP86-K970@96YD
M/2)W(C\^_^(,6$E#0U]04D]&24Q%``$!```,2$QI;F\"$```;6YT<E)'0B!8
M65H@!\X``@`)``8`,0``86-S<$U31E0`````245#('-21T(`````````````
M``$``/;6``$`````TRU(4"`@````````````````````````````````````
M```````````````````````````18W!R=````5`````S9&5S8P```80```!L
M=W1P=````?`````48FMP=````@0````4<EA96@```A@````49UA96@```BP`
M```48EA96@```D`````49&UN9````E0```!P9&UD9````L0```"(=G5E9```
M`TP```"&=FEE=P```]0````D;'5M:0```_@````4;65A<P``!`P````D=&5C
M:```!#`````,<E120P``!#P```@,9U120P``!#P```@,8E120P``!#P```@,
M=&5X=`````!#;W!Y<FEG:'0@*&,I(#$Y.3@@2&5W;&5T="U086-K87)D($-O
M;7!A;GD``&1E<V,`````````$G-21T(@245#-C$Y-C8M,BXQ````````````
M```2<U)'0B!)14,V,3DV-BTR+C$`````````````````````````````````
M`````````````````````````````````%A96B````````#S40`!`````1;,
M6%E:(`````````````````````!865H@````````;Z(``#CU```#D%A96B``
M``````!BF0``MX4``!C:6%E:(````````"2@```/A```ML]D97-C````````
M`!9)14,@:'1T<#HO+W=W=RYI96,N8V@``````````````!9)14,@:'1T<#HO
M+W=W=RYI96,N8V@`````````````````````````````````````````````
M````````````````9&5S8P`````````N245#(#8Q.38V+3(N,2!$969A=6QT
M(%)'0B!C;VQO=7(@<W!A8V4@+2!S4D="```````````````N245#(#8Q.38V
M+3(N,2!$969A=6QT(%)'0B!C;VQO=7(@<W!A8V4@+2!S4D="````````````
M`````````````````&1E<V,`````````+%)E9F5R96YC92!6:65W:6YG($-O
M;F1I=&EO;B!I;B!)14,V,3DV-BTR+C$``````````````"Q2969E<F5N8V4@
M5FEE=VEN9R!#;VYD:71I;VX@:6X@245#-C$Y-C8M,BXQ````````````````
M``````````````````!V:65W```````3I/X`%%\N`!#/%``#[<P`!!,+``-<
MG@````%865H@``````!,"58`4````%<?YVUE87,``````````0``````````
M``````````````*/`````G-I9R``````0U)4(&-U<G8````````$``````4`
M"@`/`!0`&0`>`",`*``M`#(`-P`[`$``10!*`$\`5`!9`%X`8P!H`&T`<@!W
M`'P`@0"&`(L`D`"5`)H`GP"D`*D`K@"R`+<`O`#!`,8`RP#0`-4`VP#@`.4`
MZP#P`/8`^P$!`0<!#0$3`1D!'P$E`2L!,@$X`3X!10%,`5(!60%@`6<!;@%U
M`7P!@P&+`9(!F@&A`:D!L0&Y`<$!R0'1`=D!X0'I`?(!^@(#`@P"%`(=`B8"
M+P(X`D$"2P)4`ET"9P)Q`GH"A`*.`I@"H@*L`K8"P0++`M4"X`+K`O4#``,+
M`Q8#(0,M`S@#0P-/`UH#9@-R`WX#B@.6`Z(#K@.Z`\<#TP/@`^P#^00&!!,$
M(`0M!#L$2`15!&,$<01^!(P$F@2H!+8$Q`33!.$$\`3^!0T%'`4K!3H%2058
M!6<%=P6&!98%I@6U!<4%U07E!?8&!@86!B<&-P9(!ED&:@9[!HP&G0:O!L`&
MT0;C!O4'!P<9!RL'/0=/!V$'=`>&!YD'K`>_!]('Y0?X"`L('P@R"$8(6@AN
M"(((E@BJ"+X(T@CG"/L)$`DE"3H)3PED"7D)CPFD";H)SPGE"?L*$0HG"CT*
M5`IJ"H$*F`JN"L4*W`KS"PL+(@LY"U$+:0N`"Y@+L`O("^$+^0P2#"H,0PQ<
M#'4,C@RG#,`,V0SS#0T-)@U`#5H-=`V.#:D-PPW>#?@.$PXN#DD.9`Y_#IL.
MM@[2#NX/"0\E#T$/7@]Z#Y8/LP_/#^P0"1`F$$,081!^$)L0N1#7$/41$Q$Q
M$4\1;1&,$:H1R1'H$@<2)A)%$F02A!*C$L,2XQ,#$R,30Q-C$X,3I!/%$^44
M!A0G%$D4:A2+%*T4SA3P%1(5-!56%7@5FQ6]%>`6`Q8F%DD6;!:/%K(6UA;Z
M%QT701=E%XD7KA?2%_<8&QA`&&48BABO&-48^AD@&449:QF1&;<9W1H$&BH:
M41IW&IX:Q1KL&Q0;.QMC&XH;LAO:'`(<*AQ2''L<HQS,'/4='AU''7`=F1W#
M'>P>%AY`'FH>E!Z^'ND?$Q\^'VD?E!^_'^H@%2!!(&P@F"#$(/`A'"%((74A
MH2'.(?LB)R)5(H(BKR+=(PHC."-F(Y0CPB/P)!\D321\)*LDVB4))3@E:"67
M)<<E]R8G)E<FAR:W)N@G&"=))WHGJR?<*`TH/RAQ**(HU"D&*3@I:RF=*=`J
M`BHU*F@JFRK/*P(K-BMI*YTKT2P%+#DL;BRB+-<M#"U!+78MJRWA+A8N3"Z"
M+K<N[B\D+UHOD2_'+_XP-3!L,*0PVS$2,4HQ@C&Z,?(R*C)C,ILRU#,-,T8S
M?S.X,_$T*S1E-)XTV#43-4TUAS7"-?TV-S9R-JXVZ3<D-V`WG#?7.!0X4#B,
M.,@Y!3E".7\YO#GY.C8Z=#JR.N\[+3MK.ZH[Z#PG/&4\I#SC/2(]83VA/>`^
M(#Y@/J`^X#\A/V$_HC_B0"-`9$"F0.=!*4%J0:Q![D(P0G)"M4+W0SI#?4/`
M1`-$1T2*1,Y%$D5519I%WD8B1F=&JT;P1S5'>T?`2`5(2TB12-=)'4EC2:E)
M\$HW2GU*Q$L,2U-+FDOB3"I,<DRZ30)-2DV33=Q.)4YN3K=/`$])3Y-/W5`G
M4'%0NU$&45!1FU'F4C%2?%+'4Q-37U.J4_940E2/5-M5*%5U5<)6#U9<5JE6
M]U=$5Y)7X%@O6'U8RUD:66E9N%H'6E9:IEKU6T5;E5OE7#5<AES672==>%W)
M7AI>;%Z]7P]?85^S8`5@5V"J8/QA3V&B8?5B26*<8O!C0V.78^MD0&249.EE
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MCLZ/-H^>D`:0;I#6D3^1J)(1DGJ2XY--D[:4()2*E/257Y7)EC26GY<*EW67
MX)A,F+B9))F0F?R::)K5FT*;KYP<G(F<]YUDG=*>0)ZNGQV?BY_ZH&F@V*%'
MH;:B)J*6HP:C=J/FI%:DQZ4XI:FF&J:+IOVG;J?@J%*HQ*DWJ:FJ'*J/JP*K
M=:OIK%RLT*U$K;BN+:ZAKQ:OB[``L'6PZK%@L=:R2[+"LSBSKK0EM)RU$[6*
MM@&V>;;PMVBWX+A9N-&Y2KG"NCNZM;LNNZ>\(;R;O16]C[X*OH2^_[]ZO_7`
M<,#LP6?!X\)?PMO#6,/4Q%'$SL5+Q<C&1L;#QT''O\@]R+S).LFYRCC*M\LV
MR[;,-<RUS37-M<XVSK;/-\^XT#G0NM$\T;[2/]+!TT33QM1)U,O53M71UE76
MV-=<U^#89-CHV6S9\=IVVOO;@-P%W(K=$-V6WAS>HM\IWZ_@-N"]X43AS.)3
MXMOC8^/KY'/D_.6$Y@WFEN<?YZGH,NB\Z4;IT.I;ZN7K<.O[[(;M$>V<[BCN
MM.]`[\SP6/#E\7+Q__*,\QGSI_0T],+U4/7>]FWV^_>*^!GXJ/DX^<?Z5_KG
M^W?\!_R8_2G]NOY+_MS_;?___^X`#D%D;V)E`&1``````?_;`(0``0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0("`@("`@("
M`@("`P,#`P,#`P,#`P$!`0$!`0$!`0$!`@(!`@(#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#_\``$0@`>`!R`P$1
M``(1`0,1`?_=``0`#__$`(P```$$`P$!`0````````````D&!P@*`P0%``(!
M`0$`````````````````````$``!!`$#`P("!P$)#`L!```"`0,$!081$@<`
M(1,Q""(405%A,B,5"3-QD5(D-#87.-CP@=%BHD-35!9VMDBAL<%"@I(E53=7
M"A@1`0````````````````````#_V@`,`P$``A$#$0`_`),W5<D7VEW5A%S6
M<S*;L;OPO_.2M24K"8BAHCBD6FNBJO9=.@'#[I<?KHWMOQA],KM)$^W=%M\!
MG31.4:QD15$0>1102+3[=>@@QBO!$>OQ:`_7Q[P)4AD9;A?,2$_&<[DX*K(T
M75%^GH%%%XTM:]A\F5NP%P'445G/BA;A5#!-'U5$+7OT&2UXCQMC!G9K35FW
MEDO<S`@-6$P9TR8:J8,Q&QD*X^CAAHNB*FOJJ=!O1.,,X'(<(FNV4FKR.5&2
M-68B]8V$S)KF7+;8:_*ZR#"D/_-V++XJ4A-%%@$3<NY=$"8W%'`'N(JCR^FB
M83*LXF52G6UE7EM:4Z0WIC2"8QVT"?)?!MS5-ZM(BGKHB#\70="9[,_<[2\>
MY#AJ.87*ASRE(CGY[DKMI!D*>_QM:,-QGE9(E3X=>XJ/KT$<N3G.6\"8QV!D
M;N1PY^,0UC+9Q[63.I9D86VP<?.0T8/,;5915$P%4T5%T7U!KO9#B.20.>;_
M`#G(K7\;(`M3:#\[>?5]')PRO,;7S1J"OMDA"GIHO03P]V4R67#66C%?E^;S
M&1>.7)%W:2+M)"%[5$14[:>G0#8]N[-I)Q;-Y<J6\+GRSSX^6=*(A/Y#1$)#
M>U1%1-5]._0=24W;CQ)*/Y]Q''W&FB="=,_$;0UU'>LA%30?35>@B3D.%U]D
MY$26Y.)%9<</;.FZ*X1[=VU7^Z[/KZ!'_P!&N-_Z&;_5:^5_EDK[G\+]M]_^
M[7H/_]!]>1[1ZF]JI11HXSJS[.P:`]%`4\EE)3521S3:2DFJ]!"_W!N/6'&7
M%-6=/#95ZT`3<5MG13","HRVB&NHJJ>I)WZ#0EG;U$*#%;CPQ9:K(FP%;837
M<WN5%5/A4^@0,BRR>;+B5U+71[*YLY@0:RN$6E1^7(+:)/;$56XD<=7'B[(+
M0DJJB)KT&UQS07/(_*3''?#[E9D>;1TBRLGSJWKV7Z^BHUL785GE[K9N*-76
M1;!E6JV-$WOSU%M4W[55`-Q[?_9/@W&;/YG6ULB[S6T:8<R;D?)VVI>2W9@2
MDX<%]Y##%JA0<(68T80+XMQ*X6I=!/NDP:%15Z!7QF(8HU\LW(1M5G*@M[3)
M9IJ3HF3>NA&+G?NBHJZ=!R<FQ,9D)X%IFTB#(!&9KC0$X^)M+XR:,=%-P5-$
M(A$-45"3NB]`)'W=\7T[\OR?*+*B2&WO,+&D=YUDMS"^%601N0L9U21Q?ODB
M)T``.1X%SQ)F0WU"\M-.@/&M59UQ^%L-JJFKS*Z@OSB_"1+\!_=)$]>@5+_O
MC+*,)DX-RAC4='<O9:K:GD6I9;KX$>U<$F8L;):/8;<-94D1;24P8BAFBD.G
MH"/P+=C_`!]GLN:P]'<^3?%P6S(%/9&V%W%.RDOU?;T&S;[&^'Z5&V70;G28
M)(T+AJB`0(2>3MZ*J_O]`Q=BV0SF64'06H0%H7^.IE_U]`G-CG\'_E>W_3_Y
MO[NW0?_16'.<B`S[:*W^.S4%RYF"#:-ZHK?YM)047XT(5T3MHG00J]REK#KL
M!XG<CNV!R$G1D%3`%^%T&P37:J.>31=%_<Z!5.,55E65#\V3.^8=JH@JT+!B
MG[/8*+\6NI(FG?UZ#&5/&QGA[DGE2.^S#9<FO\>T4UTA;LC5L1=R@JL'#!1;
M,GF8;KPDFW<0$J)N10+)^ESP53<?^VJ!GWY)%#)^5K29EE]D),JY:7$"*Z=5
MC`3I3BN&L.O89>1AEM6V4\IFJ)Z]`8/$J#\P)DFHYNN2FQ%`,3(M34%;064+
M:ZVA!\';8+?KHI=`]4WCJ:Y4):#%=D/QG8X(T(-L@Z\6CQL-'V\<;:*)\)(B
M[5V_:#29C4A3M.F^C#,F:9_Q1J21D\XSHISV'#TU;9#NY\.S:NU>Z]`-CG:A
MAVSLAO1DW72>-ETD3PP38\8(3:$+B().KM4>_P#@"O%^H?AHTE7,(88Q)D<G
M'9PJ@CXV#;U7QDW\!MHXB+M^C<FG0`>N,B6/*=K[!7TJLGBG5S)+1>4X-J`D
MY632B$J`\+KHH#J]G!44(>^O02ZXYY;D9UPU8SG[!J9(F5EQBV3"T>^SI>0,
M5:C+)8F*.Q)57E6/D$^#*41(B;?:<U<;W$#F9O<RXF&\;54>2Z+4JQK@,-"U
M,`B[R0U1?45]/KZ!+6W>[D-ZJJM5K1:_5^&X7[O]_H$[XU^M?ZJ^OHO[_KT'
M_]*!W-_ZBG$\_ANNPZ!-KI-O7Y)9?,QF7Q.4"1;J4R9/(3(H!:@O[W;H(K^X
M#W^\8932<8U-?/KG'*B9&>L$CN@YXF@$4(9&C2^,U4-%5>P_3T#LTGZ@?$62
MS\<P7#(89)F]TW78_C]'!19,JQO9J!&APF2;;VE_&G00BUT1.Z]`1#-^)+_)
M,-X1X4AJ3L>)"FWF67C3C$=3N9MLK,Z$C@+X!B%:E)59&CI'H*[]-.@L:\:8
M6SAO$/'M#%%I8-+40J1N%`:^0;9AM,(B:L;E)&B4B(=XCY352T0>@F7AD$(0
MUQ?*HB1H`*ZT+J:K)4>P/BNBHTXUH2%N[$*I]'02#B75>E7(@?)$0OMNM$CJ
M(X+('XVD-M=I&CC0[2545"73M]701#Y.EU_Y><22@R19-]MY]=PFK3ODCCK)
M#4VVQ5`(D[I]8Z+KT$&N9<72,S$MH'@C:1XS+;T9PU:-$1$&2+:KXMHO"J:$
MB)KJNNJ:=`";]0'!;3(JNYE*RZ3`-G'0W&1_'.4V91Q4$WJ9-[--Q:;E3=T%
M7/DRB2`CT-$19#1NN#N-"5N7%DZ-DAB2(AJB+WU14UZ!O,2R]WC7(\FNS?:7
M%\HQJ7YZ]1)HG<DJ&V3K6&&V]63MU:DN[%,0%V.X0[E5$Z"163>[K!;B#@49
MMA__`-&E`]/(6G%<B",96A-\2;3T+UVJ6G0:<WW68&_<64ELY!L'`8::=%I[
MQ/.#'-#;87Q[E<%Q=%U335>@V_\`^A,3_P!!/_JC?-?L"]/]%Z_MO\G[>@__
MTZ/UTNM_DVIDJ+EF5::N$H_SBLT31%+3TZ#FHVVFN@`FOKH*)K^[HG?H#2?H
MP\0TUUS!9\RV%8EM?8@<FAPAAYG2KQ5'X3@Y'GTR2H;`M(C+XQH`=R'\1P1(
M]F@6GO\`:K'<7K.!Y-13^*8[G>24+=E=@:?F.,8=CD.<<V23`J[5-RIEV<EY
MU$,@4&66A0W!5`,C23!<HJ60C85[#4*/;R&D!F*Q%-R$CPO3Q%UXE=>:)!5"
M<=-I5$55=%50U\O]]'M8]O\`)I*/EGF+$<7RNW822Q2.A,L':^(3)O195G)8
M8=@UYR6P48[3TA%)2^)`U3H'AI?U$?T\\RQPW:OW,\96UW,KCF1XE;=(DJ-.
M`1)*UU38;;CV38(FK3Q`9I]W<J=!';/^0<:S%GYWC^\C7\.U-Z=!L:V<R[$?
MA1$^7=DM&!.!X3<<+0]%15'<GPJN@)G(\FI6,3;7(+.(U^4165^7)F.@-`AM
MLBJJ9(CHHRB+Y#T$=2715[]`&[WI<A\?7F,6CK6:8I#CMJ\2DY<UZJJ,H2R(
M[C8OB]\#:ZZD.X55$%>_05-^=ZN(W9VTZHE1KFH61+0)<8A-D3?57QCNBG8?
M."JJ(O[FO006GV4>P9DMR%)8R2FMHR'E$F&S-84ALG!^(G(XN`HN=TV(B^B*
MO0(DVW&C<9=11<9<-HT7LNX"457MJFBZ:I]"IW3MT'ST#J?V.^@__]0(&2>S
MGA2=GV6@&*1([+@WDL]H*TT](<L[0G'`:!=L60A:+OT1%]>@$)CO$&3<A<I7
MO&''S*2)==.NMLJP(E;K:2H(BD6$TVD-QY([7IM15-43[>@L^>Q/!\7XMP>A
MP=)$2HIJV,S<S`&4+5[G,UDP<-YUD"1A^"VX[O><=(499(@%=VJ]!-R'E3G*
M_*F'8V,/=B-==Y+'>^6\I-L+/<QR18-L$AJ0PYZ4[##I]E=C$@KM^).@L27]
M-.F8I+@1&'&WK=7"EHT(>"(#,--K:JT0IXFG13?HB_`J=M-$Z`+/N9Y^]H5`
M$GB2=[8.2?>3GM)%DO9%6\:XO1/XWQW&(A;L8E_FV61XV-,2R![9*KE<>=%A
M6T1!-$3H!"U^#^W2ZRR?E7%_M>YXX!QVOS^;B$RV:Y'PS,L:L<GK)4QU)M12
MOU\"TG8D^L9P85@`!%EM"(>A`1!9(]C7M.RFP8F97/ES\0I)5,[%JJ&?7$P\
M_82Q;F29K$?YAV+6QI;6UP!:_#!#3:@CZA7A_5Q]X'*7MU]P5]PHS?/0H]A!
M-RLF/2"".U$ED45TQ>'3R1#!A#V_&@$FB%\2Z@&*O;Q#,0E.\L<WY[1)90UO
M$_(^.Y-U7RF"LYE>Q8V<S\R<E5L=;BND,`LB(B$3)&@D.TN@9#)L:KL<R:.S
MC.3OY;BUVV80KWRDL>P:;31P'6B)%65'<50,3`2`_1/3H(;S`\$J?%+15"?,
M;)%[[19D.@(IKZB2?N]TZ#<JJ^;?3AB1A0Y*1B=)7-RB;<8$`#=)55?Q=$%?
MI^KH'@M.$,G&O@RH-<Q$-!/\P0G'W&RDN"CC+415U7Y=`UT(]"]/HZ#3_([?
M_4'OZIOY3ZM_RS^!][[G^-]W[>@__]42&9<QSHF>9,35<[L.+=-@0Z(3A!:6
MH;5^%-6Q7_MZ"*7Z6F$7N;>\;*\U.O%,6:B9966DIY-L5QVR>\,J..Y$%?$T
M2[M?I+1.@)_Q%@-IFGN(QK"8,'\PQ3YZY5J+$5X8DQK'*NUM:ZK>2*&^0[)6
MB%L&G-4=>?150E1-`,?>>WWECA?,N&,>>A,7MMD]AC$SE.OH&8OY[B^/V%I0
M3I=I>P80-1:3%8<IP81R7'%>$OA,?HZ`[G'7Y-DX3$M8HV0V0O16V')CS;1`
M+;AF.QAR/)5TF7%U42%55$1531.@4DGCJIPL`/!XE=QM-B.K+=VX#3Y542/F
MR,7YL^):/`%@\*&@[T)'%-%U4E[]!%Z_]M&/<A<A+F&3<D6UWN1NRL:C$>-L
M4X^CV,MA!9<B^>I:EV+,=UH151\HGL14+5=.@DQ<7$7CL:N-!KFZG\%Y&!$0
M;9:AR$:1QU]M!)2$FV13::=A'3UZ"DW^N;Q;/LO=CQCR%94,<L7?AN4E=?R6
M6)=7(NSLCL?EW($@B8DP7F'D(!70#+4-=R)T#IX?Q&/*'&=/$D<,<"VN1?E3
M8#9!^<X%/N$;8'Y-ZZ>JVI-9<M"T.K0OF*M*I"B:*O0#6Y8]A\OBVHY!RS+K
M"DII]H\_8X]CU&\LB+16C)D[/C,A)>.:Q`E,!^T753,?7141`!3F47P9#;^-
MO46YLHC($UU!PU=WJ/J*!O[JOT+T')'?%JH,V*X_$ER9%K!>>9<4#<BMHP0;
M"1/A(#=5-4[_`+W0.6YSIG!5D6KWQ!^6!H7)1BZ2OJS'\`*@(0@!;>Y)JNJ]
M!G_.K?\`]P>_JF?F?^;_`)9_#_9_Y/W?LZ#_U@H9W/CCFMR:QAT)G(M4VZBB
MC;VB(NHHFFY>@['Z6KDP\4YNL*]QR%OR[*W6'@T%QI1(1U9TUUTT_P`/0&S_
M`$L)U*7(_!L*4U&;NYWN:OK./N1EZTM_]F*FUDQZ+:9BXXMJU#<0&U[/_=!%
M5.@L`9Y1S<*HN2[;(JQYNZY+YD9D4%@_*64QE'%]0S(R''W*:0)JVQ6LVMA^
M,P1BZ$QDD=;1$%>@5_$CS<9MI]IX2(+`7PD*X(-[TCJ1/N`)*KQ&&BFWJ(Z(
MFOTIT$V\<F8UDK"R[.1,"<X@NZBK6Y]D41L`!LET**1DO951")%5->@CCG/(
ME_2Y@WC7%]*%ID'RQSWG1;.4U04S;@I:7=HS'0A,F&!4@#5$<+;VZ"$$OW>\
M:-<K9+AK?#GNGRBMA5&02KCFK*>([IO@G(W(;2LSUQ+E:KL9<%BTJ))H7RTN
M/&220F+6J(J]!5O_`%B_?GP[S55<7<+88XS=Y!7Y(<K(%HO,<ABEJ9)C5F)Q
MA69'L9$QQ7%D.*`,(&J(NFG0/9^GM[FZCDWCFUQ25!<<N<!)G'Y<Q_PJW)@>
M%QN`Z[)CZ,R77&1VKHFTB15545>@B=^I1R/JD&/"D*+K\AYF6VVBM-H)IL%A
M>XF2HK?<2[)IZK]`5^V:"1D-]F$5J-(DSC*XD-MBTIJ$)M1^;EJ@Z$,.!'$C
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MB&7/.HQFEKBF//F[8X3`RBDD,5B7^YEI^):-VH2(3K)"!!(9/45)$50Z.'SB
MJ93BQ4$XRQJQC9'>^`6Y2.M>-D414;$71+7?\9+]/U!)GC^#-9A2)]J_XXZ*
MX;'B5PFY!ZN;$V"I*;@`FU-J(J(BJG==>@:F#E*TH9!:6LAK$;/.W7$EK-D1
MX=W"QN+(U@1)LK5PV8T]&T>78F\0T$U5$70(;^[[,8G%_M]Y++C9DY%MR`RY
M%:9IHSSE>[,*-J[:2:YHTK6[1Z40*KJH"O@6U%-=>@K4_J3>S3C"@X_XKY*Q
MGC_&<3RJ53U89_<4+#M2Y;Y"5/6.VLZ:V\K3LE9+[AJXI"C+9EN!"W(G0,A^
MG;D6/XQ?7V.G%BM4UNL6JE/M*+BQ+TVGIE.R^C0Z>!]&#;\A=D<]%[IT$2_U
M$;FW;Y5<K)JN-1((OJ+0N"K:.*XBJAD";3=#=H))JJBO?OT"!]OF-T47@[FO
MD.>W'._RANXHZ]]YH5<K\;J0$`BM&0D3*6U@I.NJ.BF(`*ZZ=`,G+PC?E].Z
MP[K(=D6PJ">@"CB?$HZ]M3[IT&;()6*_[-4;5?5-)<.LL$Y(!2!R*C8)\T3Y
M]UD><T5$UU5%7H.M\7U_\GG^3]7IZ]!__]"N1FOOR69D.0+&6I!N._E,!`6,
MZ:H^MS:,"8(C:[I"BB=M?I].@CQ[6O=BG`E=F=98P9TEK*9=E8"<1IQX4D6)
MHZ8&`DBCM/7U30OK3H$UDONINK&\L;JHJ)34ARP^=A/.RACN:(:+HH")JSO'
M5%#NBHO?H+._Z+/+.+YGR,XN,@T;6<<*75[,KNPL5MW@7*+`@S;NJ@_+7)U.
M12`%$5%)L45475%Z"RO@%W7NY=E5593&F78<.KD1$EL$9RZLG5:\9QR1OR-Q
MG]0>-5%6T7Z=57H)L9+F4''N)3GUL095]65LIZJ9CN!Y"F["_BJ`9&CIO.(.
MP41475$3LG0##HO9O[@N2X$CF_G3W-Y_6Y;DQE+JN)L'BXW18!QOCI*Z-2U9
MC9TEA?Y9E+T,!.5*DO-1F%/Q-L**:J##<Y\'XSCC5?!L_<U[@5GWSZ1ZO'XT
MW&LIA2CC&CLIY8DS'8C#/A?!7E%MM`;T5$+3N@`L]]&`7V;\>3<W#W,<XWM/
M&2ZLJ^NN*'!X>)A#J9XUSLR97Q*^#)9:E.QT1HS<W.@":)H*=`C/TNO;^3M!
MGT>UO(K]SG<2OM\9MIU=$K7H'R)R$`/+Y%U/RD3C(*B"6Y5W*7;H!K_J<9##
MC<XSL4@R/FTQBNAL3)AFH/2I(PVUE2'4'X4\OA5?H1-?W.@'M4<^\ATV&6F$
MPI<1*NT67I(4""3$:FJA$#;0HK#RM(F@*7HGKKT#-*9D@H;CCB`KA#O)2VDZ
M6]TDU]%=/NOV]!\:?3W_`'UT3Z]$]$UZ!U?['?0?_]&C_<_S@R?_`'LRO_B.
MSZ#G]![H#C__`)[\@S.#[^WJ.B;M+'#+#@_E*=G5<RX2TU<U5QZRQIKF4#J_
M+QITBV:&*VH:./D_HJ$**J!=PY&K2A!1<AUCIOS*F(XW9-1#WG/H)>PW&=!\
M6^2RX*.MKIJA(J%V7H'PP7DBNMXM$U*N1=@E&9)IM03Y]R,ZR(`"OKJVLAAP
M51%(4(U113TUZ"59.P\EQ9WY66X4?Y=PW`!ME9!K%!0D1%0P<;,O"J"F@Z"B
M]UU[]`/#G;AJ/`LXERIVB29Z.L16X]J/S$(#C/.SI!JW&=?",D--KA`NB-DN
MWOVZ`+ON&XTX[PJMFM9U&L,FQ.T?:E)4.6HN?&LA9-?!?;:CHLN6DE/PQVHU
MXU[KKKT`O\[]S>/\+6ES;83(9@U4,)L3%H3#J"](!#$I$=/%M`F8$O4?-I\+
MB(*=D74`!<T\H6G)N=9CDMF\^[99!9F<E]USR[(Q%O<:$U-24G-!!?J'7H&;
MZ#W0>Z!U/['?0?_2H_W/\X,G_P![,K_XCL^@Y_0?)$@HBZ$2J0@(`*FXX9D@
M-MM-BBDXZX9((BB*I$J(G?H+1?\`^?NKI>+^;;K&[]B"WF_(G$][818LQ!,Y
MUICF2TF07>.BXNU'CCX67[%%WN>!Y!1%`E0+>46NI8I%C-UO:AV9RSQFS/R.
M/1_FVR?2K<;V@VZ[!#LHJBF\T"D.J[D0((\G4V9<<WTZ'3'X(<B6_.:B.276
MHPB)(XCM?=12\L4%[[F3U\*KM(1UW=`B*WWO\Y<>2OE%PTLDJ&'@4&:NWCP[
MF`ZV*JAQJYT1.82ZHAJIBCA*B@OJG007]P?ZM.;3YP1)?$/)<(HTIQ;4I-3^
M40R-HG][K#B&XW(+9L4O%HFJ:JJ[EU`67N]_46M^4Z)<>Q6MF5$AYE1E3Y5>
MD*<1R66AE.F:Q_**L(VK;>Q!W":JBIT`=K.UL[UYMN?-D2505::\JF@1XY.*
MX8M`1JH#O)2+^&7V]!'&>8N6%@0"@@DQ]H$3^`R:MBJ_62H.J_:O0:O0>Z#W
M0.I_8[Z#_].DL..Y#DV2Y0QC=%:7CJ99E&]:^(X[':\F0V9`K\M4"(TBCW[F
MG;H';I/;;G%@+3MU:4.-B8[CC&4FVL!77[@LPT;85Q![K^(J#Z+T$FN,^!L!
MPR1#NGUDY-DX@+D*TO1:2%4OJ6QN15TC**PQ/WZ['7"=<;14VZ+WZ"7_`!=E
MV8<0\@X9R?QY)8CYWQQE%5G^&I+0RB2K^B5P':NUVD)I39-52I%=+]52-*-=
M-43H+P/"_*?%GNVX$P3F+"V8TC"N0*T94G'9$L)%E@F:4KX,9;@-Q(BOM/5V
M7\?9,V49Q1,'A$6GQ^!U$(,&;\>7<ZHL8$NMLN3\:8BF_`I&5:A<DT*D?DEO
M4UZKC$'*4>'0FP>%N0[^R+R%M50%5S%[5.3\DD6EKQ'R'5V4.I?)7JBW@SZ/
M.*61XQ=&%DM"Z@O1&Q:/02'QBX:;D33T`<?*7M>]QUIC4^7>2ZI/!)D;3:<G
M/(Z_W%]L_*OB1W8NJ:%MT'3U[=`$WE;CZ5@]](8R>0[*F%)>:T;0M'%850T:
MWHBD"EZ+]":^O01BM4TG.QHHJ#QD)2%31?DV7"7QN/$B*C:N(GX8JNXU3=IH
MFO0,AF<-B!D=FD9M6HIK%D(.B[6BD1FR-%)$040W!(D^C55Z!,]![H/=`ZG]
MCOH/_]2NY,=AA9Y#'8B08P-Y3D9BS%'Y-M"*[GJ'X+3;;2^0NRKIKKW^GH,S
M`-O.`2H&BJ0FTV!.ZGJI"@$3:*T:"J(NGVZ]N@U77'@FN"A.`(N-D+9(OD4"
M5'=4/:(`8H&B[?5$3;ZZ=`[U1-!YMLQ``<`D)/+HAZOB/9`^^X9;574]$31.
MW;7H"+_II^]R/[/?<.G'?(MBX/MD]S&1TU+ECSY2#A\4<Q.HS3X;RM"8;!Y&
M*>Y1UNFR800!*(4>8:[HBDH7+(5<^R[-KI0H$F*3S9,>1"1O9^T>BOCY6E9U
M3X50E$Q^(5[IT#`\CXKC^5R69-S!D1YL%UE(F0T\R129)$2.X7B\%M7F,I]D
M!-1\$@WF%;-1<;3=T`]N;*;E+":'($8@QN5,/5FRM#R%%J\8R:ACQ&)$D)>3
M5IK&H;F*PRVJ>:&]&<!`4GVE[D@5Y<V]FWN"]U=Z7*Y8K8<8<-/Q&KZ;R;F\
M*-`LF<1?<T'(,0P%V0EUD+%I*0HE?*<;8KG9NUH''NZ=`.KG7BVMQ2RDT6/U
M+]104.V'51IIMR;N>(=Y%UD\YM$2;D=H\OD?7[C.J,MHC8)J$`\QB.,9$R^B
M)I+@H!"2"NKD`E0A5"117\(O[_0(R351W35QC5A%U,FQ[CJ7=4`571._T=M.
M@YY4L[_-H#J:(2+J@:BJ:KHFJIJ*]O7OT&F]#F,:*[$D"BIKN1HC'OIZJ&Y$
M]>@<K</U_P#)YM_\7U=!_]6OG/P_,3N<@=7!^050<@R`A(N,L\WFV-U/^'R)
MCWXHAV1%[KM77T7H.M"QC,4,37!N0_&>F_Q\:9X!(JH&HN(5"B*2+ZJGU^O0
M<>UQK+PN&'W,"Y%()4#17DXVSL_Q&7#;':"8^K:$`]T5=%^SZ>@7=-1YE\LS
MMP+DI/)L$D_HWS0$-K:J(KBG0(K6Y%[Z:K]?0=>9@>49!73_`,QX^S^5!"$_
M7N1CX[S90DNS6C%]I6EH@U9&*:IJ'<#-=5Z"V)^CU[NLKY[X*F<)\L5&:L\X
M^VFLI,=_.LEQ/*ZQ[DKA9=E5Q[EHV-Y`9CV^48P$;\DN=B;MC,200?BD2@2G
M(X$Q^6#25%LZ1"BBTE/8N/&IGN3P[HR$H.:(FY!15_[W;H!#_J9<AV>65KOZ
M>O$%/?97S/S/B$/+^5,7IZW+860V7&<BZ;K,9XEPVSJ*TW'+[D>^CG.OC69`
M*CPRIE3CD@DD`(*D7*%Y[K?:]SY.O<1P#,,)Y"HX\C&[FSQNBY6Y4QS):-5;
M";AN57]D[?5/(V#6GRY1)++A.-:@;D)QIT&WT!T<ZNKSF_$Z+E>CXVY`J&,D
M%^#DF(A@V<6,OC_-H3`2+7$Y4G\C.1,JI#,@)]),=57IE6Z*/(DEB0G0#QR_
MC[.I%K5K_1OR@386JQG5'C#/E1&I:.-&@$N.*B*IZ::=]?3H$#9<<\@5\QUH
M>-^42:`S0"7C#/13LJHH+NQT154^M-4UZ#]@87G;:['>-.41:5!VFG&&>J+9
M>FQ4''5U$E]/7OT"QB\?9P2"I<<<HIIKZ\7\@*J*7=$+3&>X*G0.;_1KE/\`
9]6\@?U1OE?\`XVS?^7?ZO_-_[WV>O0?_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>h87073h8707305.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h87073h8707305.gif
M1TE&.#EA3@`R`.8``/CX^&MI:5U:6]G8V?3T]&5B8_;V]E524GQZ>CTY.OKZ
M^K:UM<K)R<W,S,;%Q41!0K*QL4Y*2R4A(IZ<G34Q,N;FYO+R\KZ]OIJ8F75R
M<^WM[<+"PKNYNJ:DI.'@X.7DY"TI*B@D):JHJ>/BXHR*BJ*@H='0T/#P\%!-
M3M74U$`]/:ZLK9.1D8J(B=[>WHZ,C8B&AX2"@X!]?NKJZK"NKUA55M/2TF]M
M;4A%1JRJJNCHZ-W<W922DFAE9C$M+M?6UX>%A3@T-9".CL3#PZ2BHYR:FF!=
M7K.RLX*`@):4E;^^OE)/4(V+C$(_0(%_@$M'2#(N+_[^_B,?(/W]_2HG*/S\
M_*&?H+R[N\S+R];5U?/S\VIG:%I76-[=WGIX>/GY^=;5UJBFIWAU=M#/S_7U
M]=33T^KIZ8:#A./CX]+1T963E-_?W][=W=O;V_#O\-C7U_?W]SLX.?;U]K6S
MM.?GY]#/T&)@8+BWM\S+S*"?GW%O;Y*/D,'`P.SK[*2CH____R'Y!```````
M+`````!.`#(```?_@'^"@X2%?U4#'3$9-UY['!:&DI.4E9:7@P`0`10A#S5&
M-2H2*&%DF*BIJH0`1Q14!1VGA%UZL+.KN;J$0TTA3+B%<`0F#P*[R*M17A(]
M%9)S`CY2(1+55E/)VI4?-10Y7X8`-RHD#5I_<E@'(3@L:]OQ@P,1#PV30@\V
M485#%'P!GDP`($^;#15+#$SZ(,&&)"T2!#7`T61`P5TC*-S(-HE'CTE:0@RJ
M$D.""'X74YT(XH3@I"H4=$QR@*/0$2HL4J(B@$*/0DIK(DPRP,6/H3`4E*#2
MP<#!`(Z[HKQ(H,'2&@R2IDP(@JZ0`ADU+$UI@.`!E!`4"BRHHBH*&D$,_R1D
M08:!"H1)'B3\E&1`C`0C:?YHL1)'R@TWJ.AD0/#'@``ONQ3HD9"D4H2YDN0\
MH")"F``I2^A<:A/$#C\B#[[86%1`#JH+<23,03DI``-)9)I(46IH2@\I*-A2
M&@*BQ@Q!!TK\>;*$1)Y+!F@8D6+GS:4")@Q]N2&E\R0`TWO0)A0%0CL/@NB9
M^5-DBX)*45SDJ=&N!)Q+450\*[1`2H'WE+SQ@`1'&!+%`B!`@=D?,I`@2!0%
M(-!&(5%HP$`12U!C!`=06:(#%./]T<<34'15B1)24-%'(1V$``(8A!S``2%\
MU``%#DM$T`0(4DB@@AX;N)3*"EL8PH(4$Z#"A/\4/4!5A`0@C%%($!85\@4;
M6#C@@`DC`)@+`0($5@A"(5("1V$Y_!$%`E+$<5LA$GR@TR!1``'"$@D0(5P.
M(="@2@I4!$$"%U+@4(8D$HPP)QD.>!%"'$"PD$"!?P@@@(FHM"#%IC6@)TD0
MAUHR0!$(B!%#$GY`<(4###30U`4T6('$$CQ2T4(D?QSQ@`X&A+""+F*H\$*9
M@P@PAR5(P3`!#S)L<<`33<01!`5!J/"$`#`HL<,6.*Q(R`(1<`!",!=A`!DE
M8SQ`@"HF1,"$EX2H004/<PI"!@YO2L*"4:B<0((1%U!"@`1-W%/O&05T2`@,
M"V#RQ0('R"`:)6B$8(?_"ATH+(\.$2`Q20D?53+%!0=$D,(E'!CQQPH)"/"6
M3H`ZH7%>4CY4`@4J-(P)!@'_088,E(634AM01&`P(5?\<L*#99!0@P017`"O
M)3+L)X@)UCJ@4Q]`(`1$"7OQ(4T0<20HP`MX$%M)`/<18L$90<"P5T$[Y-!"
M!G,#@`4$.7#P@]"Y!##U'PHLD$`!<M9;KPQ+2Z+!`2!@H?B<1?Q`211.4)'D
MY!==@54E(H``!.<%55`3?$,$$</@I.>27^*5.`!"$6JWGLH$:F#2`!7'VHX,
M'"#`7LD*%&3G^RXOB`%X)4`<H/'QF&@1@9^7T(%"[]"O`H$*$ULBPA+9N[['
M90.L%Z*!!.N&K\H7>BRQ_"0H+*@^*F1L8835DW!Q]/P[!2#`R9.``Q2ZP+]<
MD"`("R#6'7SPO`):`@PJ0`$\",&&)LC`@;I0P!P2L`0AU,$#$XA#!-Z'P50H
..8`-[\%\!6.`I5`0"`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>h87073h8707306.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 h87073h8707306.gif
M1TE&.#EA60!,`.8``,[-S71R<M74U&UJ:^WM[;JXN61B8HN)BB8B(_KZ^MK9
MVEQ96OW]_?CX^$5"0S4R,Y:4E"TI*LK)R>3DY+:UM?#P\+^]OM[=WE524\;&
MQDY+2_3T]+&PL/+R\NGHZ,/!PJ*@H*JHJ*:DI9Z<G3TY.O;V]DA%1EA55N+B
MXN?FYH%_?ZZLK2DE)E!-3NKJZN#@X*2BH]/2TX.!@7IX>(!^?D`\/6]L;3`L
M+:">GC@T-7]\?9*0D6!=76AE9IR:FY>5EH>%A7=U=922DI".CM'0T9N9F8B&
MAZRJJW)O<+"NK[>VMJ>FICHW.$M'2%)/4/[^_M+1TJ6CI"LG*,3#PZFGJ,&_
MP/O[^]#/SYF7F,"_O^SKZ^CGYS,O,+2SL[&OL,3#Q.CGZ.+AX<C'QWY[?-S;
MVVMH:$(_0+V[O&)?8(6#A.SL['QY>N7EY=/3T^3CY-34U.3CX[NZNIV;G-?7
MU^#?W_7U]5I75_3S]+FWN//S\\S+R_'Q\<S+S+6SM",?(/___R'Y!```````
M+`````!9`$P```?_@'^"@X2%AH>(A0T*2D)(965(B9.4E9:7B%I3(S,8#WZ@
MH!&8I*6FE':AJJ&CIZZOF#BKLRP-L+>XA75<L[-F%;G!L`&]O2THPLFD<PC%
MJLU^/,C*U(D))\ZA"#@_H"W`U>&$(=F@VX)"H`ZVXN%T->5^*T^#$.I[[=4Z
M\0;T@PP@0.'(ITS-IW(V##$8XJ<(P60SXOE):.A,PX?!-K"02+&0C8L8<>WC
M:,@#*(<A88'92++0BI,I7STY(!'4#$,J0!V(>>K)DII^F'@P1(8)J#,\2V&!
M%H])!T0>;OB1PB'II1],RSD8FBA%CJE5K29ZLA1HDVF)`$BE*O;0DQ!9_R5^
MHR0#E!0+;0F]!;K*!+Y$!#"$PIOW3Y:X?$V`0\0G%-N\!?CV<C)ADCV[8<5&
MECRK165$)4PX[M*6'.=9/29=8>DG`@4&2><</!TJ1QM*8U;-<!'S103:JIA<
MJ<2@R2HN60CZF_,;N"@%ESXT5]7C3K4$!7B<8"-AMG,$7OQ1>J)`Q710-3@D
M$/:DR@!H)QPX7_4@<Z4G?`*<CS"#*ZPG`&`S7SDL$(:)`N^I\L`7,@G0PH`U
M(5"%*2B<YT<+?3Q%2@:"00@4`@9B,H%WH+"P``CL6!,'&HAY2"`'XETRAWR]
M4##6!S:TZ&(\#P!02`=#!`G=(1*8T0L-B`"0RO^.P-FH%R]^!)'(&R3ZL=4A
M3,[G)"%U^<&"%HE4.,L*6&993@M((-&A*F06,D$H!DR"@I&J\,!;(6:6TX<@
M1\PB22%/P.-E"I.\06<H342Q`2%Y.L/%''S2$H8A(T`S`"4*!$!B#EXL^D>C
MQ9RPWA]]SA*G(67Y\<)],=@@52A<A,!`,3F((((*)NAXVDV")""&$><AP(8A
M.T!C@G^4;!8*!@E\I4JB!!!2`AD6@(#$?",84H<%/<"I5[&J8#!DLJH8D,<?
MY?%"`@1@)B*!KA*%2$@*+"%P@2!/X(`8!L@BHJP!PPX"AJR5O.LH%04D7(!H
MJZ!EB(!6\J!=+S>@$4?_)6`H[*DI!O?R0`:%+`EKC(6DDPT"=GR0(D$=K\)"
M#(:(;,YBAESQJI\%:)A2R[#"7(@5-*JRI2%6!+&*!DFTFQ3/?G#!H"$2]*+#
M)%N(K('#257P@Q.P@DST1[[T6\@=HAU3V"![1.'$TX98H&.;UO00[=F7>*#!
M+`/P807=RF0`30TRS$$RW[D\880#0M`QN%@-B&!?,+`1_H<(4OT@>3BA6'XY
M-9EOSCDHFGLN3.=_?"#$Z5O\T$0.=E#!#AFG"Q$B`S^<'D4=@V1`0PU,(%%`
MY(1L`8(!.=001!=*#_*$!#*L?L((<"CTP1H./+!`%/Z1WJ67?3VU12@M$-)&
M_RA2_I'``K,T40(A7K`6"@M`$-(!UR[O-(@+0;,BAR#:9V.$('?S`P+04H10
MV(@!`9R%"?;V!STX8PF#2(&@>D$1!>1O%?'KGSF0<(`RA*(&E<%#*.)G/C2`
MX@;`@$$H[,`!+_0`&E00Q+7\0`(<?``/!W!```;1@!DVK0PZ0)\`9P`;'M3&
M!F-8$P(RH,$HP:8!'@0%7NK0G/#](0904L$?&F`4/S@A8!4P`"C,L+<'7>@S
M?TB!TJH@!5`PX0NP20`$2.`#V/@-%"8@`CWJD`9$-9$,@[`(*&+X!S&"`A\%
M!(6/`!"*&4SAD5/H(RB@$Y$2E0$&`%C9]I)#B',)`O]L?K@-(8RX"LUM3VF-
M`04(!*&$4!SA#R9L&FRZ$(\)$8%B*F!'+!'`P$.8\0&&D,,L3!F*N?V!D:K$
MEZ`TD(#FV.\EY;A8Z:"TBAJL1XBM0(1Q_&`&0U!AF(+8GC&1Z8=5"H(&YO"!
M.;8@"$'Z`0E1B*<\XQFP/^0A#D,H0ZY"D2U0UM,00F2!SL()SC^(<Q#D-.<?
MX@`-$N!Q$!<(!1)2M`?<Z45Y:N#`JQ;P!RR$0@6])$`4P$$3T(DG#`[E'N@(
M"HIQAD*A=5@3*(9`")$AX0(=X`,/FN`&0NQ@#0)@H`><A88_O&""0;C"!#Y@
M)`Q,:@\W2T,;X!"'+OJADGZ\(&9+$?I20G3C?185A`"<(2%!I-(/-VC"/D'!
MR5(5XP%[\Z@S<M"`)KHTF8.80[D,X85BW&!23_`A:OR1K[<201!6^*HO[A6!
MQOI`$,!JK#&)T-@(B(`0#%A`90E9B"\88#HYT`&A$%N``7C'"2#HI2`^\-E0
M,$$&]U(>!1;`FAH<X#-0R.V=V)!;*/2R#KU50R&VT-N!$J(!5S@"#/H`R$,P
<`@9+^`#-"&$%/JP`!EV(K2$:(`;E*N&?@0``.S\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
