<DOCUMENT>
<TYPE>EX-99.77Q2 ITEM 405
<SEQUENCE>4
<FILENAME>peoex77q2.txt
<TEXT>
Section 16(a) Beneficial Ownership Reporting Compliance

Each  director and officer of the Corporation who is subject
to  Section  16 of the Securities Exchange Act  of  1934  is
required to report to the Securities and Exchange Commission
by  a  specified date his or her beneficial ownership of  or
transactions in the Corporation's securities. Based  upon  a
review   of   filings  with  the  Commission   and   written
representations  that  no other reports  are  required,  the
Corporation  believes that each director and  officer  filed
all  requisite reports with the Commission on a timely basis
during 2008.
</TEXT>
</DOCUMENT>
