<DOCUMENT>
<TYPE>EX-99.77Q1 OTHR EXHB
<SEQUENCE>3
<FILENAME>peoboardsize.txt
<TEXT>
On  February 8, 2006, due to the election of a new director,
the  Board of Directors voted to amend the Corporation's By-
laws  to increase the size of the Board to eleven directors.
Accordingly,  the  third sentence  of  Section  3.1  of  the
Corporation's  By-laws was amended to state: The  number  of
directors is fixed at eleven.  On March 9, 2006, due to  the
resignation  of  a director, the Board voted  to  amend  the
Corporation's By-laws to decrease the size of the  Board  to
ten  directors, effective March 27, 2006.  Accordingly,  the
third  sentence of Section 3.1 of the Corporation's  By-laws
was  amended to state: The number of directors is  fixed  at
ten.
</TEXT>
</DOCUMENT>
