-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WJUHOsztwpI/GopOK/LQQtFEWD5wJivRrbGvk9K1LwM0j9b9RntNdAGuWVS8LyRU
 iX18jkeQPSA/ntC044L3qw==

<SEC-DOCUMENT>0001193125-05-161066.txt : 20050809
<SEC-HEADER>0001193125-05-161066.hdr.sgml : 20050809
<ACCEPTANCE-DATETIME>20050808182806
ACCESSION NUMBER:		0001193125-05-161066
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		18
CONFORMED PERIOD OF REPORT:	20050531
FILED AS OF DATE:		20050809
DATE AS OF CHANGE:		20050808
EFFECTIVENESS DATE:		20050809

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MANAGED MUNICIPALS PORTFOLIO INC
		CENTRAL INDEX KEY:			0000886043
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-06629
		FILM NUMBER:		051007091

	BUSINESS ADDRESS:	
		STREET 1:		CITIGROUP ASSET MANAGEMENT
		STREET 2:		125 BROAD STREET, 10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004
		BUSINESS PHONE:		212-291-2556

	MAIL ADDRESS:	
		STREET 1:		CITIGROUP ASSET MANAGEMENT
		STREET 2:		125 BROAD STREET, 10TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10004
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>dncsr.htm
<DESCRIPTION>SMITH BARNEY MANAGED MUNICIPALS PORTFOLIO INC
<TEXT>
<HTML><HEAD>
<TITLE>SMITH BARNEY MANAGED MUNICIPALS PORTFOLIO INC</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="4"><B>UNITED STATES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="4"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>FORM N-CSR </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>CERTIFIED SHAREHOLDER REPORT OF REGISTERED </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>MANAGEMENT INVESTMENT COMPANIES </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3">Investment&nbsp;Company&nbsp;Act&nbsp;file&nbsp;number&nbsp;811-6629
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="6"><B>Managed Municipals Portfolio Inc. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>(Exact name of registrant as specified in charter)
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>125 Broad Street, New York,</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>NY 10004</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of principal executive offices)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Zip code)</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Robert I. Frenkel, Esq. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>c/o Citigroup Asset Management </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>300 First Stamford Place, 4<FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>th</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"
COLOR="#000000"> Floor </FONT></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Stamford, CT 06902 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>(Name and address of agent for service) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Registrant&#146;s telephone number, including area code: (800) 451-2010 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Date of fiscal year end: May 31 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Date of reporting period: May 31, 2005 </FONT></P>

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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;1.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>REPORT TO STOCKHOLDERS. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The <B>Annual</B> Report to Stockholders is filed herewith. </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6" COLOR="#a79a6f"><I>Managed
Municipals </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6" COLOR="#a79a6f"><I>Portfolio Inc. </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><B>

<IMG SRC="g23759g99u06.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="5"><B>Annual Report </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>May 31, 2005 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g32e12.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g65y84.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><I>
<A NAME="toc"></A>Managed Municipals </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><I>Portfolio Inc. </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="4"><B>WHAT&#146;S INSIDE </B></FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="94%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_1">Letter from the Chairman</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_16">Manager Overview </A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_2">Fund at a Glance</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_3">Schedule of Investments</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_4">Statement of Assets and Liabilities</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">29</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_5">Statement of Operations</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_6">Statements of Changes in Net Assets</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">31</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_7">Financial Highlights</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_8">Notes to Financial Statements</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">34</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_12">Report of Independent Registered Public Accounting Firm </A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_13">Financial Data </A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">42</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_9">Additional Information </A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">43</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_10">Important Tax Information </A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">46</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_11">Annual Chief Executive Officer and Chief Financial Officer Certification</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">47</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_14">Dividend Reinvestment Plan</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">48</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>
<A HREF="#ifc23759_15">Share Repurchase Notice</A></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">49</FONT></TD></TR>
</TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g32e12.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g65y84.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">
<FONT FACE="Times New Roman" SIZE="6"><I>
<A NAME="ifc23759_1"></A>Managed Municipals </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><I>Portfolio Inc. </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="4"><B>LETTER FROM THE CHAIRMAN </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">

<IMG SRC="g23759g26s48.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2" COLOR="#a79a6f"><B>R.&nbsp;J<SMALL>AY</SMALL>&nbsp;G<SMALL>ERKEN</SMALL>,&nbsp;CFA </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2" COLOR="#a79a6f"><I>Chairman,&nbsp;President&nbsp;and Chief&nbsp;Executive&nbsp;Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>Dear Shareholder, </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Despite rising
interest rates, climbing oil prices, geopolitical concerns and uncertainties surrounding the U.S. Presidential election, the U.S. economy continued to expand during the period. Following a 3.3% gain in the second quarter of 2004, gross domestic
product (&#147;GDP&#148;)</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>i </SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">growth was a robust 4.0% in the third quarter and 3.8% in the fourth quarter. The
preliminary estimate for first quarter 2005 GDP growth was 3.5%, another strong advance. After the end of the Fund&#146;s reporting period, preliminary first quarter 2005 GDP growth was revised up to 3.8%. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Given the overall strength of the economy, the Federal Reserve Board
(&#147;Fed&#148;)</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>ii</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> moved to raise interest rates in an attempt to ward off inflation. As expected, the Fed
increased its target for the federal funds rate</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>iii </SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">by 0.25% to 1.25% on June 30, 2004&#151;the first rate
</FONT><FONT FACE="Times New Roman" SIZE="2">hike in four years. The Fed again raised rates in 0.25% increments during its next seven meetings, bringing the target for the federal funds rate to 3.00%. Following the end of the Fund&#146;s reporting
period, at its June meeting, the Fed once again raised its target for the fed funds rate by 0.25% to 3.25%. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">For much of the reporting period, the fixed income market confounded many investors as short-term interest rates rose in concert with the Fed rate tightening, while longer-term rates, surprisingly, remained fairly
steady. However, this began to change in late February 2005, as strong economic data and inflationary concerns caused longer-term rates to rise as well. This continued through March, before longer-term rates again declined on the back of mixed
economic data. Looking at the one-year period as a whole, the overall municipal bond market outperformed the taxable bond market, as the Lehman Brothers Municipal Bond Index</FONT><FONT FACE="Times New Roman" SIZE="1"
COLOR="#000000"><SUP>iv</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> and Lehman Brothers Aggregate Bond Index</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>v</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"
COLOR="#000000"> returned 7.96% and 6.82%, respectively. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Please read on for a
more detailed look at prevailing economic and market conditions during the Fund&#146;s fiscal year and to learn how those conditions have affected Fund performance. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>1 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Special Shareholder Notice </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">On June 24, 2005, Citigroup Inc. (&#147;Citigroup&#148;) announced that it has signed a definitive agreement under which Citigroup will sell substantially all of its worldwide asset management business to Legg Mason, Inc. (&#147;Legg
Mason&#148;). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As part of this transaction, Smith Barney Fund Management LLC
(the &#147;Manager&#148;), currently an indirect wholly owned subsidiary of Citigroup, would become an indirect wholly owned subsidiary of Legg Mason. The Manager is the investment adviser to the Fund. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The transaction is subject to certain regulatory approvals, as well as other customary
conditions to closing. Subject to such approvals and the satisfaction of the other conditions, Citigroup expects the transaction to be completed later this year. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Under the Investment Company Act of 1940, consummation of the transaction will result in the automatic termination of the investment
advisory contract between the Fund and the Manager. Therefore, the Fund&#146;s Board of Directors will be asked to approve a new investment advisory contract between the Fund and the Manager. If approved by the Board, the new investment advisory
contract will be presented to the shareholders of the Fund for their approval. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B>Information About Your Fund </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As you may be aware, several issues in the mutual fund industry have recently come under the scrutiny of
federal and state regulators. The Fund&#146;s Adviser and some of its affiliates have received requests for information from various government regulators regarding market timing, late trading, fees, and other mutual fund issues in connection with
various investigations. The regulators appear to be examining, among other things, the Fund&#146;s response to market timing and shareholder exchange activity, including compliance with prospectus disclosure related to these subjects. The Fund has
been informed that the Adviser and its affiliates are responding to those information requests, but are not in a position to predict the outcome of these requests and investigations. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Important information concerning the Fund and its Adviser with regard to recent regulatory developments is contained in the &#147;Additional
Information&#148; note in the Notes to the Financial Statements included in this report. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">As always, thank you for your confidence in our stewardship of your assets. We look forward to helping you continue to meet your financial goals. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Sincerely, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">

<IMG SRC="g23759g29j97.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">R. Jay Gerken, CFA </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Chairman,
President and Chief Executive Officer </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>June 30, 2005 </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>2 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">
<FONT FACE="Times New Roman" SIZE="4"><B>
<A NAME="ifc23759_16"></A>MANAGER OVERVIEW </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Special Shareholder Notice </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Since the inception of this Fund,
shareholders have been receiving printed reports on a quarterly basis. Because there are a number of sources that provide important information about the Fund on a timely basis, and because of the expense to the Fund of printing and mailing
shareholder reports quarterly, in the future shareholders will only receive full shareholder reports semi-annually, after the end of the </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px">

<IMG SRC="g23759g36h97.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2" COLOR="#a79a6f"><B>J<SMALL>OSEPH</SMALL> P. D<SMALL>EANE</SMALL> </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2" COLOR="#a79a6f"><I>Vice President and Investment Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">

<IMG SRC="g23759g13u60.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2" COLOR="#a79a6f"><B>D<SMALL>AVID</SMALL> T. F<SMALL>ARE</SMALL> </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2" COLOR="#a79a6f"><I>Vice President and Investment Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">first six months of the Fund&#146;s fiscal year, and then after the end of the fiscal year. These reports will continue to provide a complete portfolio of holdings as of the end of each period and letters from the
Fund&#146;s portfolio managers about the Fund&#146;s performance during the period as well as detailed financial information. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">There are a number of sources from which you can obtain current information about the Fund. The Citigroup Asset Management website, www.citigroupam.com, includes detailed
information about the Fund that is updated daily and provides a link to the Fund&#146;s shareholder reports and press releases. The Fund issues a press release each month that summarizes its portfolio allocation and other portfolio characteristics
that is accessible on the website. The Fund files complete portfolio holdings as of the end of the first and third quarter of its fiscal year with the SEC on Form N-Q; these reports can be found on the SEC&#146;s website, www.sec.gov. If you have
questions about the Fund please call our investor relations number, 1-888-735-6507. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B>Market Overview </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">After an extended period of monetary easing, the Fed&#146;s monetary policymaking committee raised its federal funds rate
target from a four- decade low of 1.00% to 1.25% at the end of June 2004 &#150; the Fed&#146;s first hike in four years. The increase marked a significant reversal from the Fed&#146;s monetary policy position from June 2003, when it last slashed its
rate target following a long series of accommodative rate cuts. The rate hike was widely anticipated due to comments from the Fed regarding the momentum behind the economy </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>3 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">and signals that it was prepared to push rates higher from their near-historic lows. As a result, bond prices declined and yields rose sharply in April
before prices stabilized somewhat in the early summer. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Fed again raised
its fed funds target by 0.25% in August and to 1.75% in September. Given that bond prices had already factored in rate hikes to a significant extent, and coupling this with a lack of inflationary pressures, bond prices held up and actually rose over
the third quarter. In September and October, the bond market benefited from falling stock and rising oil prices, which encouraged investors to reallocate capital into fixed-income securities. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Yields on bonds rose as their prices dropped in reaction to an employment report issued in
November that yielded surprisingly robust labor market results.</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>vi</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> The Fed subsequently raised its fed funds rate
target by 25 basis points</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>vii</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> at its meetings in November, December, February, March and May, bringing the rate
target to 3.00% at the end of the reporting period. Following the end of the Fund&#146;s reporting period, at its June meeting, the Fed once again raised its target for the fed funds rate by 0.25% to 3.25%. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Regardless of the economic expansion and higher interest rates, the overall municipal bond
market posted solid returns during the 12-month period, with the broad-based Lehman Brothers Municipal Bond Index posting a gain of 7.96%. Municipal bond credit quality continued to improve, as municipalities benefited from higher tax revenues,
driven by improving economic growth and fiscal discipline. This caused municipal credit quality spreads to tighten. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Municipal bonds outperformed maturity equivalent U.S. Treasuries during the period. Compelling taxable equivalent yields</FONT><FONT FACE="Times New Roman" SIZE="1"
COLOR="#000000"><SUP>viii</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> for investors in middle- and higher- federal income tax brackets and low default rates continued to attract investors to municipal bond funds. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Performance Review </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">For the 12 months ended May 31, 2005, the Managed Municipals Portfolio Inc. returned 4.07%, based on its New York Stock Exchange (&#147;NYSE&#148;) market price and 6.11% based on its net asset value
(&#147;NAV&#148;)</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>ix</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> per share. In comparison, the Fund&#146;s unmanaged benchmark, the Lehman Brothers Municipal
Bond Index, returned 7.96% and its Lipper General Municipal Debt Closed-End Funds &#150; Leveraged Category Average</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>x</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">
increased 12.69% over the same time frame. Please note that Lipper performance returns are based on each fund&#146;s NAV. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">During the 12-month period, the Fund made distributions to shareholders totaling $0.6510 per share, (which may have included a return of capital). The </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>4 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">performance table shows the Fund&#146;s 30-day SEC yield as well as its 12-month total return based on its NAV and market price as of May 31, 2005. <B>Past
performance is no guarantee of future results. The Fund&#146;s yields will vary.</B> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2" COLOR="#a79a6f"><B>FUND PERFORMANCE </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL"
SIZE="2" COLOR="#a79a6f"><B>AS OF MAY 31, 2005 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2" COLOR="#a79a6f"><B>(unaudited) </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="27%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="27%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Price&nbsp;Per Share</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>30-Day</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL"
SIZE="1"><B>SEC&nbsp;Yield</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>12-Month</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL"
SIZE="1"><B>Total&nbsp;Return</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">$ 11.73 (NAV)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6.66%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6.11%</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">$&nbsp;10.72&nbsp;(Market&nbsp;Price)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6.08%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4.07%</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>All figures represent past performance and
are not a guarantee of future results. The Fund&#146;s yields will vary. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Total
returns are based on changes in NAV or market price, respectively. Total returns assume the reinvestment of all distributions. The &#147;SEC yield&#148; is a return figure often quoted by bond and other fixed-income mutual funds. This quotation is
based on the most recent 30-day (or one-month) period covered by the Fund&#146;s filings with the SEC. The yield figure reflects the income dividends and interest earned during the period after deduction of the Fund&#146;s expenses for the period.
These yields are as of May 31, 2005 and are subject to change. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Factors that
Influenced Fund Performance </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">During the period we maintained a defensive posture in terms of overall duration, or price sensitivity to interest rate
movements. This low-duration approach to managing interest rate risk limited the Fund&#146;s ability to completely participate in upside market movements during intervals when bond prices rose, such as last summer. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">While rising interest rates are generally troublesome for longer-term fixed income
securities, since bond prices decline as rates are expected to rise, rising rates result in higher levels of income on new bonds issued in the future. In the recent market and rate environment, we believe that our cautious approach to managing
interest rate risk is more prudent than a longer-duration strategy. During the period, we maintained a focus on targeting issues with competitive coupons in a diverse cross-section of market segments that we believed would continue to offer
favorable prospects on a risk/reward basis. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Looking for Additional
Information? </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Fund is traded under the symbol &#147;MMU&#148; and its closing market price is available in most newspapers under the NYSE listings.
The daily NAV is available on-line under symbol XMMUX. <I>Barron&#146;s</I> and <I>The Wall Street</I> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>5 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2"><I>Journal</I>&#146;s Monday editions carry closed-end fund tables that will provide additional information. In addition, the Fund issues a quarterly press
release that can be found on most major financial websites as well as www.citigroupam.com. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">In a continuing effort to provide information concerning the Fund, shareholders may call 1-888-735-6507, Monday through Friday from 8:00 a.m. to 6:00 p.m. Eastern Time, for the Fund&#146;s current net asset value,
market price, and other information. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Thank you for your investment in the
Managed Municipals Portfolio Inc. As ever, we appreciate that you have chosen us to manage your assets and we remain focused on achieving the Fund&#146;s investment goals. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Sincerely, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD VALIGN="top">

<IMG SRC="g23759g03w98.jpg" ALT="LOGO"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom">

<IMG SRC="g23759g82p16.jpg" ALT="LOGO"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Joseph P. Deane</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Vice President and</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="2">Investment Officer</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">David T. Fare</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Vice President and</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="2">Investment Officer</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>June 30, 2005 </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>6 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The information provided is not intended to be a forecast of future events, a guarantee of future results or investment advice.
Views expressed may differ from those of the firm as a whole. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">RISKS: Fixed-income
investments are subject to interest rate risk. As interest rates rise, the price of fixed-income investments decline. Please note that derivatives, such as options and futures, can be illiquid and harder to value, especially in declining markets. A
small investment in certain derivatives may have a potentially large impact on the Fund&#146;s performance. Derivatives can disproportionately increase losses as stated in the prospectus. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">All index performance reflects no deduction for fees, expenses or taxes. Please note that an investor
cannot invest directly in an index. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>i</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>Gross domestic product is a market value of goods and services produced by labor and property in a given country. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>ii</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">The Federal Reserve Board is responsible for the formulation of a policy designed to promote economic growth, full employment, stable prices, and a sustainable pattern of international trade
and payments. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>iii</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">The federal funds rate is the interest rate that banks with excess reserves at a Federal Reserve district bank charge other banks that need overnight loans. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>iv</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">The Lehman Brothers Municipal Bond Index is a broad measure of the municipal bond market with maturities of at least one year. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>v</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">The Lehman Brothers Aggregate Bond Index is a broad-based bond index comprised of Government, Corporate, Mortgage and Asset-backed issues, rated investment grade or higher, and having at
least one year to maturity. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>vi</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Source: Bureau of Labor statistics based upon the growth of non-farm payroll jobs. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>vii</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">A basis point is one one-hundredth (1/100 or 0.01) of one percent. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>viii</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">The yield an investor would need to receive on a taxable bond to equal the tax-free yield of a municipal bond. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>ix</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">NAV is calculated by subtracting total liabilities and outstanding preferred stock from the closing value of all securities held by the Fund (plus all other assets) and dividing the result
(total net assets) by the total number of the common shares outstanding. The NAV fluctuates with changes in the market prices of securities in which the Fund has invested. However, the price at which an investor may buy or sell shares of the Fund is
at the Fund&#146;s market price as determined by supply of and demand for the Fund&#146;s shares as traded on the NYSE. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP>x</SUP></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Lipper, Inc. is a major independent mutual-fund tracking organization. Returns are based on the 12-month period ended May 31, 2005, including the reinvestment of dividends and capital gains
distributions, if any, calculated among the 68 funds in the Fund&#146;s Lipper category, and excluding sales charges. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>7 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="27%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_2"></A>Fund at a Glance </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(unaudited) </I></FONT></P></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g35a35.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>8 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Take Advantage of the Fund&#146;s Dividend Reinvestment Plan! </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As an investor in the Fund, you can participate in its Dividend Reinvestment Plan (&#147;Plan&#148;), a convenient, simple and efficient way to reinvest your dividends
and capital gains, if any, in additional shares of the Fund. Below is a short summary of how the Plan works. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>Plan Summary </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">If you are a Plan participant who has not elected to receive your dividends in the form of a cash
payment, then your dividend and capital gain distributions will be reinvested automatically in additional shares of the Fund. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The number of shares of common stock of the Fund that you will receive in lieu of a cash dividend is determined in the following manner. If the market price of the common
stock is equal to or exceeds 98% of the net asset value per share (&#147;NAV&#148;) on the determination date, you will be issued shares by the Fund at a price reflecting 98% of NAV, or 95% of the market price, whichever is greater. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">If the market price is less than 98% of the NAV at the time of valuation (the close of
business on the determination date), PFPC Inc. (&#147;Plan Agent&#148;), will buy common stock for your account in the open market. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">If the Plan Agent begins to purchase additional shares in the open market and the market price of the shares subsequently rises above the previously determined NAV before
the purchases are completed, the Plan Agent will attempt to terminate purchases and have the Fund issue the remaining dividend or distribution in shares at the greater of the previously determined 98% of NAV or 95% of the market price. In that case,
the number of Fund shares you receive will be based on the weighted average of prices paid for shares purchased in the open market and the price at which the Fund issues the remaining shares. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">A more complete description of the current Plan appears in this report beginning on page 48.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">To find more detailed information about the Plan and about how you can
participate, please call the Plan Agent at 1 (800) 331-1710. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>9 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_3"></A>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>May 31, 2005 </I></FONT></P></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"> <P STYLE="margin-left:0.67em"><FONT FACE="Times New Roman" SIZE="2"><B>M<SMALL>UNICIPAL</SMALL> B<SMALL>ONDS</SMALL> &#151; 94.1%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5" COLSPAN="5"></TD>
<TD HEIGHT="5" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Alabama &#151; 3.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$24,510,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Jefferson County, AL, Sewer Revenue, Capital Improvement Warrants, Series A, FGIC-Insured, Call 2/1/09 @ 101,<BR>5.375% due 2/1/36
(a)(b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$<B></B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;<B>26,750,704</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Arizona &#151; 1.5%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Arizona State University, COP, Project 2002, MBIA-Insured:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.100% due 7/1/24</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,599,840</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.125% due 7/1/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,066,810</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Mesa, AZ, IDA Revenue, Discovery Health Systems, Series A, MBIA-Insured,<BR>Call 1/1/10 @ 101,<BR>5.625% due 1/1/29 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,468,040</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Phoenix, AZ, Civic Improvement Corp. Airport Revenue, Senior Lien, Series B, FGIC-Insured, 5.250% due 7/1/22&nbsp;(c)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,192,930</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Phoenix, AZ, GO, Series B,<BR>5.000% due 7/1/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,055,400</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Arizona</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>11,383,020</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>California &#151; 9.9%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,040,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Ba1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">California EFA Revenue, Pooled College &amp; University Project, Series A,<BR>Call 7/1/08 @ 101, 5.625% due 7/1/23 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,254,720</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">California Health Facilities Finance Authority Revenue:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A3(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cedars-Sinai Medical Center, Series A, 6.250% due 12/1/34</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,634,440</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sutter Health, Series A,<BR>6.250% due 8/15/35</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,139,530</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">California Infrastructure &amp; Economic Development Bank Revenue, Bay Area Toll Bridges, First Lien, Series A,<BR>FGIC-Insured, 5.000% due
7/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,331,400</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">California State Department of Veterans Affairs, Home Purchase Revenue,<BR>Series A, AMBAC-Insured,<BR>5.350% due 12/1/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,245,050</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>10 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>California &#151; 9.9% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;7,375,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Garden Grove, CA, Agency for Community Development, Tax Allocation, Refunding, AMBAC-Insured, 5.000% due 10/1/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;7,801,496</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Golden State Tobacco Securitization Corp., California Tobacco Settlement Revenue:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Enhanced Asset Backed, Series B,<BR>5.625% due 6/1/20</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,202,600</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">BBB</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series 2003-A-1, 6.750% due 6/1/39</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,540,600</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Los Angeles County, CA, COP, Antelope Valley Courthouse, Series A,<BR>AMBAC-Insured, 5.250% due 11/1/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,541,660</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,340,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Rancho Cucamonga, CA, RDA, Tax Allocation, Rancho Redevelopment Project, MBIA-Insured,<BR>5.125% due 9/1/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,506,065</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,750,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sacramento County, CA, COP, Public Facilities Project, MBIA-Insured,<BR>5.375% due 2/1/19</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,904,055</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">San Diego, CA, Unified School District GO, Series E, FSA-Insured, 5.000% due 7/1/28</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,542,200</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">San Jose, CA, Airport Revenue, Series D, MBIA-Insured, 5.000% due 3/1/28</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,185,220</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">San Mateo County Community College District, COP, MBIA-Insured,<BR>5.000% due 10/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,224,220</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Santa Clara, CA, RDA, Tax Allocation, Bayshore North Project, MBIA-Insured, 5.000% due 6/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,660,825</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total California</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>72,714,081</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B><I>Colorado &#151; 7.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Arapahoe County, CO, Capital<BR>Improvement Trust Fund, Highway Revenue, Series E-470, Remarketed 8/31/95, Call 8/31/05 @ 103,<BR>7.000% due
8/31/26 (a)(b)(e)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,163,080</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Aspen, CO, Sales Tax Revenue,<BR>Call 11/1/09 @ 100,<BR>5.400% due 11/1/19&nbsp;(a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,093,680</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Colorado Educational &amp; Cultural Facilities Authority Revenue, Refunding &amp; Improvement, University of Denver<BR>Project,
AMBAC-Insured,<BR>5.375% due 3/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,300,760</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>11 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5" NOWRAP><FONT FACE="Times New Roman" SIZE="2"><B><I>Colorado &#151; 7.6% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A3(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Colorado Health Facilities Authority Revenue, Series B, Remarketed 7/8/98, 5.350% due 8/1/15 (f)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;4,161,160</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Denver, CO, City &amp; County Airport Revenue, Series C:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,945,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">6.125% due 11/15/25 (b)(c)(f)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,282,304</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,630,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Unrefunded Balance,<BR>6.125% due 11/15/25 (b)(c)(f)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,673,071</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Denver, CO, City &amp; County, COP,<BR>Series B, AMBAC-Insured,<BR>Call 12/1/10 @ 101,<BR>5.500% due 12/1/25&nbsp;(a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,255,520</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,700,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">El Paso County, CO, COP, Detention Facility Project, Series B,<BR>AMBAC-Insured, 5.000% due 12/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,803,496</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Garfield County, CO, GO, School District Number 2, FSA-Insured, State Aid Withholding: </FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,300,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 12/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,440,024</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 12/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,057,570</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,320,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">University of Colorado, COP, Master Lease Purchase Agreement, Series A,<BR>AMBAC-Insured, 5.000% due 6/1/28</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,724,357</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Colorado</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>55,955,022</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Connecticut &#151; 1.1%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Connecticut State HEFA Revenue, Child Care Facilities Project, Series C,<BR>AMBAC-Insured, 5.625% due 7/1/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,094,620</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Connecticut State, GO, Series B:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,600,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 6/15/22</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,702,272</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,490,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Call 6/15/12 @ 100,<BR>5.500% due 6/15/21 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,105,444</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Connecticut</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>7,902,336</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Delaware &#151; 1.5%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Delaware State, EDA Revenue, PCR, Refunding, Delmarva Project, Series B, AMBAC-Insured, 5.200% due 2/1/19&nbsp;(b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>10,841,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Florida &#151; 3.1%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Florida State Board of Education, Capital Outlay, GO:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Public Education, Refunding, Series B, FSA-Insured, 5.000% due 6/1/24</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,317,350</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>12 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Florida &#151; 3.1% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Public Education, Series A,<BR>5.125% due 6/1/21</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;3,248,280</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,465,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Florida State Department of Transportation, GO, Right of Way Project, FGIC-Insured,<BR>5.000% due 7/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,567,316</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">BBB-(g)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Martin County, FL, IDA Revenue, Indiantown Cogeneration Project,<BR>Series A, 7.875% due 12/15/25 (c)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,685,250</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,290,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Miami Beach, FL, Stormwater Revenue, FGIC-Insured, 5.375% due 9/1/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,399,495</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Orange County, FL, School Board, COP, Series A, MBIA-Insured,<BR>5.250% due 8/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,156,500</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">South Brevard, FL, Recreational Facilities Improvement, Special District,<BR>AMBAC-Insured, 5.000% due 7/1/20</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,641,475</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Florida</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>23,015,666</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Georgia &#151; 1.9%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Augusta, GA, Water &amp; Sewer Revenue, FSA-Insured, 5.250% due 10/1/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,510,180</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Private Colleges &amp; Universities Authority Revenue, Mercer University Project:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,180,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Baa1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.750% due 10/1/21</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,391,765</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Refunding, Series A:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Baa1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.250% due 10/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,059,640</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Baa1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:4.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.375% due 10/1/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,035,060</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">NR</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Savannah, GA, EDA Revenue, College of Arts &amp; Design, Inc. Project,<BR>Call 10/1/09 @ 102,<BR>6.900% due 10/1/29&nbsp;(a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,308,680</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Georgia</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>14,305,325</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Hawaii &#151; 0.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Hawaii State Department of Budget &amp; Finance, Special Purpose Revenue, Kaiser&nbsp;Permanente, Series A,<BR>5.100% due 3/1/14
(f)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>4,294,160</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Illinois &#151; 3.7%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,095,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chicago, IL, Refunding GO, Series D, FGIC-Insured, 5.500% due 1/1/35</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,458,964</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,400,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chicago, IL, Skyway Toll Bridge Revenue, AMBAC-Insured, Call 1/1/11 @ 101, 5.500% due 1/1/31 (a)(b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,353,268</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>13 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Illinois &#151; 3.7% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;8,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Illinois Health Facilities Authority Revenue, OFS Healthcare System,<BR>6.250% due 11/15/29 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;8,624,320</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Illinois State, GO, First Series,<BR>MBIA-Insured, Call 6/1/10 @ 100,<BR>5.625% due 6/1/25 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,587,350</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Illinois</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>27,023,902</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Indiana &#151; 0.4%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Baa1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Indiana State DFA Environmental Revenue, Refunding, USX Corp. Project Improvement, 5.250% due 12/1/22</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>3,251,070</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Kansas &#151; 0.2%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,250,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Scott County, KS, GO, Refunding, USD Number 446, FGIC-Insured,<BR>5.000% due 9/1/22</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>1,328,675</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Maine &#151; 0.2%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,770,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Maine State Housing Authority Mortgage Revenue, Series C, 5.300% due 11/15/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>1,820,516</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Maryland &#151; 1.3%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Baltimore, MD, Project Revenue, Refunding, Wastewater Projects,<BR>Series A, FGIC-Insured:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.125% due 7/1/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,662,275</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,385,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.200% due 7/1/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,641,786</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,075,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Maryland State Health &amp; Higher EFA Revenue, Johns Hopkins Hospital Issue, 5.000% due 11/15/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,234,992</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Maryland</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>9,539,053</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Massachusetts &#151; 4.5%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Massachusetts Bay Transportation Authority, Sales Tax Revenue,<BR>Senior Series A, Call 7/1/10 @ 100:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,430,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.500% due 7/1/30 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,689,961</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">570,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Refunded Balance,<BR>5.500% due 7/1/30 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">633,800</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,125,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Massachusetts DFA Revenue, Merrimack College Issue, MBIA-Insured,<BR>5.200% due 7/1/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,211,771</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,850,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Massachusetts HEFA Revenue, University of Massachusetts Issue, Series&nbsp;C,</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px; margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">FGIC-Insured, 5.125% due 10/1/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,999,258</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>14 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Massachusetts &#151; 4.5% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Massachusetts State Special Obligation Revenue, Consolidated Loan, Series A, FGIC-Insured, Call 6/1/12 @ 100,<BR>5.000% due 6/1/21
(a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;5,523,750</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Massachusetts State, GO, Consolidated Loan, Series C, Call 11/1/12 @&nbsp;100:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,950,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.250% due 11/1/30 (a)(b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,153,296</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,050,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Refunded Balance,<BR>5.250% due 11/1/30 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,714,835</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">University of Massachusetts Building Authority Project Revenue, Refunding, Senior Series 2004-1, AMBAC-Insured,<BR>5.250% due
11/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,196,040</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Massachusetts</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>33,122,711</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Michigan &#151; 2.3%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">East Lansing, MI, Community School District, GO, School Building &amp; Site,<BR>Q-SBLF-Insured, Call 5/1/10 @ 100, 5.625% due 5/1/30
(a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,578,150</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Michigan State, COP, AMBAC-Insured:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,345,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.500% due 6/1/19 (b)(e)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,563,812</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.500% due 6/1/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,531,180</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Michigan State Hospital Finance Authority Revenue, Refunding, Trinity Health Credit, Series C, 5.375% due 12/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,664,025</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Michigan</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>17,337,167</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Minnesota &#151; 2.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Dakota County, MN, CDA, MFH Revenue, Refunding Mortgage, Southfork Apartments, FNMA-Collateralized, 5.625% due 2/1/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,580,340</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minneapolis &amp; St. Paul, MN, Metropolitan Airports Commission, Airport Revenue, FGIC-Insured:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,650,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Refunding,&nbsp;Sub-Series&nbsp;C,<BR>4.500% due 1/1/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,623,500</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series A, 5.125% due 1/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,099,800</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sub-Series C, 5.250% due 1/1/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,272,360</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minneapolis, MN, Healthcare System Revenue, Allina Health System, Series A, 6.000% due 11/15/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,827,190</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>15 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Minnesota &#151; 2.6% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Minnesota State Housing Financing Agency, Single-Family Mortgage, Series I,<BR>5.500% due 1/1/17</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564,560</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Minnesota</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>18,967,750</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Missouri &#151; 3.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Greene County, MO, Reorganized School District Number 8, GO, Missouri State Aid Direct Deposit Program, FSA-Insured, 5.100% due
3/1/22</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,609,440</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">21,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Missouri State Environmental Improvement &amp; Energy Resource Authority, Water Pollution Revolving Funds Program, Series B, 5.000% due 1/1/24
(b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22,617,840</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">St. Louis, MO, Airport Revenue, Airport Development Program, Series&nbsp;A,<BR>MBIA-Insured, 5.125% due 7/1/22</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,121,380</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Missouri</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>26,348,660</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Montana &#151; 1.4%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,080,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">NR</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Montana State Board of Investment Resource Recovery Revenue, Yellowstone Energy LP Project, 7.000% due 12/31/19 (b)(c)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>9,965,189</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>New Jersey &#151; 4.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">BBB-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Middlesex County, NJ, PCA, Revenue, Refunding, Pollution Control Financing, Amerada Hess Corp. Project,<BR>5.750% due 9/15/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,060,060</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New Jersey EDA Revenue, School Facilities Construction, Series F, Call 6/15/13 @ 100, 5.000% due 6/15/28 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,106,450</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New Jersey Health Care Facilities Financing Authority Revenue:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,875,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Englewood Hospital, FHA,<BR>MBIA-Insured, 5.000% due 8/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,141,406</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Robert Wood Johnson University Hospital, 5.700% due 7/1/20 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,722,640</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,395,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New Jersey State Highway Authority, Garden State Parkway General Revenue,<BR>Call 1/1/10 @ 101, 5.625% due 1/1/30 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,675,239</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>16 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>New Jersey &#151; 4.0% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;3,465,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New Jersey State Housing &amp; Mortgage Finance Agency, Multi-Family Revenue, Series D, FGIC-Insured,<BR>4.700% due 5/1/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;3,515,277</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,125,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Baa1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New Jersey, EDA, PCR, Refunding, PSEG Power LLC Project, 5.000% due 3/1/12</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,311,750</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,350,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">South Jersey Port Corp., New Jersey Revenue, Refunding, 5.000% due 1/1/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,404,311</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,815,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">BBB</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Tobacco Settlement Financing Corp.,<BR>New Jersey, Asset-Backed Bonds,<BR>5.750% due 6/1/32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,857,842</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total New Jersey</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>29,794,975</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>New Mexico &#151; 0.1%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">905,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New Mexico Mortgage Financing Authority, Single-Family Mortgage Revenue, Series D-3,<BR>5.625% due 9/1/28 (b)(e)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>931,326</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>New York &#151; 7.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Nassau Health Care Corp., New York Health Systems Revenue, FSA-Insured, Call 8/1/09 @ 102:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.500% due 8/1/19 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,228,640</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.750% due 8/1/29 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,372,090</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New York City, NY, Housing Development Corp. Revenue, Capital Fund Package, New York City Housing Authority, Series A, FGIC-Insured,<BR>5.000%
due 7/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,501,880</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New York City, NY, Municipal Water Finance Authority, Water &amp; Sewer System Revenue, Series D:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.250% due 6/15/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,489,240</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26,600,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 6/15/38 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">28,148,652</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New York State Dormitory Authority Revenue, Willow Towers, Inc. Project, GNMA-Collateralized,<BR>5.250% due 2/1/22</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,065,340</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New York State Dormitory Authority Revenue, State University Educational Facilities, Series B, FSA-Insured,<BR>Call 5/15/10 @ 101,<BR>5.500%
due 5/15/30 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,609,200</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>17 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>New York &#151; 7.6% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New York State Thruway Authority, Highway &amp; Bridge Transportation Fund, Series B-1, FGIC-Insured,<BR>5.400% due 4/1/17</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;3,286,200</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total New York</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>55,701,242</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="8"><FONT FACE="Times New Roman" SIZE="2"><B><I>North Carolina &#151; 0.8%</I></B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,750,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Charlotte, NC, COP, Governmental Facilities Projects, Series G,<BR>5.000% due 6/1/28</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,844,238</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,615,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Harnett County, NC, GO, Refunded Custody Receipts, AMBAC-Insured, 5.250% due 6/1/24</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,763,693</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">North Carolina Capital Facilities Finance Agency, Educational Facilities Revenue, Elizabeth City State University Housing Foundation LLC
Project, Series A, AMBAC-Insured: </FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 6/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,072,800</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,250,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 6/1/33</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,318,175</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total North Carolina</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>5,998,906</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="8"><FONT FACE="Times New Roman" SIZE="2"><B><I>Ohio &#151; 9.6%</I></B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aa2(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Bexley, OH, City School District, GO,<BR>5.125% due 12/1/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,731,615</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Canton, OH, City School District, GO, Variable Purpose, Series A, MBIA-Insured, Call 12/1/10 @ 100,<BR>5.500% due 12/1/20 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,238,640</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,300,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cincinnati, OH, Water Systems Revenue, 5.125% due 12/1/21</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,393,002</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cuyahoga County, OH, Hospital Revenue, University Hospital Health System, Inc., AMBAC-Insured, 5.500% due 1/15/30</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,221,790</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Hamilton County, OH, Hospital Facilities Revenue, Cincinnati Childrens Hospital, Series J, FGIC-Insured,<BR>5.250% due 5/15/23</FONT></P></TD>

<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,181,780</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">25,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Hamilton County, OH, Sales Tax, Revenue, Subordinated, Series B, AMBAC-Insured,<BR>5.250% due 12/1/32 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26,731,250</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Lorain County, OH, Hospital Revenue, Catholic Healthcare Partners,<BR>5.375% due 10/1/30 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,867,125</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>18 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="8"><FONT FACE="Times New Roman" SIZE="2"><B><I>Ohio &#151; 9.6% (continued)</I></B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;5,990,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Lucas County, OH, Hospital Revenue, Promedica Healthcare Obligation Group, AMBAC-Insured, 5.375% due 11/15/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;6,461,772</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,025,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Muskingum County, OH, GO, Refunding &amp; County Facilities Improvement, MBIA-Insured, 5.125% due 12/1/19</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,241,560</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,375,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Ohio State Higher Educational Facility Commission Revenue, University of Dayton Project, AMBAC-Insured, 5.500% due 12/1/25</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,523,459</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Portage County, OH, GO, MBIA-Insured, 5.250% due 12/1/17</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,670,625</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A3(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Steubenville, OH, Hospital Revenue, 6.375% due 10/1/20</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,686,915</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Summit County, OH, GO, FGIC-Insured: </FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 12/1/21</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,076,350</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.000% due 12/1/22</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">537,160</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Trumbull County, OH, GO, MBIA-Insured, 5.200% due 12/1/20</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,641,525</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">University of Cincinnati, OH, General Receipts, Series A, FGIC-Insured,<BR>5.250% due 6/1/24</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,156,720</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Warrensville Heights, OH, GO, City School District, School Improvements, FGIC-Insured, 5.625% due 12/1/20 (b)(e)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,676,055</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Ohio</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>71,037,343</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Oregon &#151; 2.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,210,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Clackamas County, OR, Hospital Facilities Authority Revenue, Refunding Legacy Health Systems, 5.750% due 5/1/16</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,562,394</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,895,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Oregon State Department of Transportation, Highway User Tax Revenue, Series A, 5.125% due 11/15/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,276,076</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,890,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Oregon State Veterans Welfare, GO,<BR>Series 82, 5.500% due 12/1/42</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,005,797</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Oregon</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>14,844,267</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="8"><FONT FACE="Times New Roman" SIZE="2"><B><I>Pennsylvania&nbsp;&#151;&nbsp;4.0%</I></B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-(g)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Pennsylvania State Higher Educational Facilities Authority Revenue, Widener University, 5.000% due 7/15/20</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,102,960</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>19 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="8"><FONT FACE="Times New Roman" SIZE="2"><B><I>Pennsylvania&nbsp;&#151;&nbsp;4.0% (continued)</I></B></FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">State Public School Building Authorities, School Revenue, Philadelphia School District Project, FSA-Insured, State Aid
Withholding,</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$18,745,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.250% due 6/1/26 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;20,348,072</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,540,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.250% due 6/1/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,005,914</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Pennsylvania</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>29,456,946</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>South Carolina &#151; 4.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A3(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Berkeley County, SC, PCR, Refunding, SC Generating Co. Project,<BR>4.875% due 10/1/14 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,715,300</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Dorchester County, SC, School District Number 2, Installment Purchase Revenue, Growth Remedy Opportunity Tax Hike, 5.250% due
12/1/29</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,055,850</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Greenville County, SC, School District Installment Purchase Refunding, Building Equity Sooner Tomorrow,<BR>5.500% due 12/1/28
(b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">16,322,250</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">South Carolina Transportation Infrastructure Bank Revenue, Series A:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,505,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aaa(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">AMBAC-Insured, Call 10/1/11 @ 100, 5.125% due 10/1/31 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,783,681</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">MBIA-Insured, Call 10/1/09 @ 101, 5.500% due 10/1/30 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,320,760</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total South Carolina</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>34,197,841</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Tennessee &#151; 1.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,150,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">NR</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Hardeman County, TN, Correctional Facilities Corp., Correctional Facilities Revenue, 7.750% due 8/1/17</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,202,452</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,420,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Memphis-Shelby County, TN, Sports Authority Income Revenue, Memphis Arena Project, Series A, AMBAC-Insured, 5.125% due 11/1/21</FONT></P></TD>

<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,943,230</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Tennessee State, GO, Series A,<BR>Call 3/1/10 @ 100,<BR>5.250% due 3/1/17 (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,286,560</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Tennessee</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>11,432,242</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Texas &#151; 2.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,595,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Burleson, TX, ISD, GO, Unrefunded Balance, PSF-Guaranteed,<BR>6.750% due 8/1/24</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,663,792</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>20 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="54%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Texas &#151; 2.0% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Dallas-Fort Worth, TX, International Airport Facilities Improvement Corp. Revenue, American Airlines, Inc.:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">CCC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">6.050% due 11/1/05 (c)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;2,964,810</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Caa2(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Guarantee Agreement,<BR>6.375% due 5/1/35 (b)(c)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,797,920</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Harris County, TX, Health Facilities Development Corp., Hospital Revenue, School Health Care Systems, Series B,<BR>5.750% due 7/1/27
(f)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,195,980</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Texas</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>14,622,502</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Virginia &#151; 3.7%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A3(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chesapeake, VA, IDA, PCR, Remarketed 11/8/02, 5.250% due 2/1/08</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,060,030</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A3(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chesterfield County, VA, IDA, PCR, Virginia Electric &amp; Power Co., Series A, Remarketed 11/08/02,<BR>5.875% due 6/1/17</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,350,100</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Fairfax County, VA, Water Authority Water Revenue, 5.000% due 4/1/26</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,612,875</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Virginia State HDA Commonwealth Mortgage Revenue, Series H,</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sub-Series H-1, MBIA-Insured,</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px; margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">5.350% due 7/1/31 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,329,100</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Virginia State HDA MFH Revenue,<BR>Series K:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">600,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em"><FONT FACE="Times New Roman" SIZE="2">5.800% due 11/1/10</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">616,800</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">925,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em"><FONT FACE="Times New Roman" SIZE="2">5.900% due 11/1/11</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">950,771</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A3(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">York County, VA, IDA, PCR, Virginia Electrical &amp; Power Co., Remarketed 11/8/02, 5.500% due 7/1/09</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,318,220</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Virginia</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>27,237,896</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Washington &#151; 1.4%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22,685,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chelan County, WA, Public Utilities, District Number 1, Columbia River Rock, Capital Appreciation Refunding, Series A, MBIA-Insured, zero
coupon bond to yield 4.916% due 6/1/22 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>10,147,908</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>West Virginia &#151; 1.2%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">West Virginia State Housing Development Fund, Housing Finance Revenue:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,845,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series B, 5.300% due 5/1/24</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,004,952</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>21 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="54%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>West Virginia &#151; 1.2% (continued)</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;5,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series C, 5.350% due 11/1/27</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;5,210,350</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total West Virginia</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>9,215,302</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Wisconsin &#151; 0.5%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,280,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Wisconsin Housing &amp; Economic Development Authority, Home Ownership Revenue, Series A,<BR>5.650% due 11/1/23</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,283,878</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Wisconsin State HEFA Revenue:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Kenosha Hospital &amp; Medical Center Project, 5.700% due 5/15/20</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,163,030</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,250,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Medical College of Wisconsin, Inc. Project, MBIA-Insured,<BR>5.400% due 12/1/16</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,314,038</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Wisconsin</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>3,760,946</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>T<SMALL>OTAL</SMALL> I<SMALL>NVESTMENTS</SMALL> B<SMALL>EFORE</SMALL> S<SMALL>HORT</SMALL>-T<SMALL>ERM</SMALL>
I<SMALL>NVESTMENTS</SMALL></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em"><FONT FACE="Times New Roman" SIZE="2">(Cost &#151; $641,121,861)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>694,245,649</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5"> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:0.67em"><FONT FACE="Times New Roman" SIZE="2"><B>S<SMALL>HORT</SMALL>-T<SMALL>ERM</SMALL> I<SMALL>NVESTMENTS</SMALL> &#151; 5.9% (h)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5" COLSPAN="5"></TD>
<TD HEIGHT="5" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Alaska &#151; 1.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Valdez, AK, Marine Terminal Revenue, Refunding, BP Pipelines, Inc. Project:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series A, 2.980% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series B, 2.980% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,200,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,700,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series C, 2.980% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,700,000</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Alaska</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>6,900,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Arizona &#151; 0.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">300,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Phoenix, AZ, IDA Revenue, Valley of the Sun YMCA Project, LOC-Bank of America NA, 2.970% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>300,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>California &#151; 0.1%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">400,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Los Angeles County, CA, Multi-Family Mortgage Revenue, Valencia Housing Project, Series C, FHLMC-Insured, 2.950% due 6/7/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">400,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Orange County, CA, Improvement Bond<BR>Act of 1915, Assessment District Number<BR>01-1, Series A, LOC-KBC Bank NV,<BR>2.930% due
6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total California</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>500,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>22 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Florida &#151; 0.2%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Manatee County, FL, PCR, Refunding, Florida Power &amp; Light Co. Project, 2.970% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,035,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sarasota County Public Hospital Board Revenue, Sarasota Memorial Hospital, Series A, AMBAC-Insured,<BR>3.050% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,035,000</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Florida</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>1,635,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Georgia &#151; 0.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Burke County, GA, Development Authority, PCR, Oglethorpe Power Corp., Series A, AMBAC-Insured, 2.990% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>100,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Kansas &#151; 0.7%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,900,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Kansas State Department of Transportation Highway Revenue, Refunded, Series C-3, 2.900% due 6/2/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>4,900,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Michigan &#151; 0.2%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,075,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Northern Michigan University Revenues, FGIC-Insured, 2.970% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,075,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">600,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">University of Michigan, University Revenues, Refunding, Medical Service Plan, Series A-1, 2.980% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">600,000</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Michigan</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>1,675,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Missouri &#151; 0.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Missouri State HEFA Revenue, Washington University, Series A, 2.980% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>100,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Nebraska &#151; 0.3%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Lancaster County, NE, Hospital Authority Number 1, Hospital Revenue, Bryan LGH Medical Center Project, AMBAC-Insured, 2.970% due
6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>2,200,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>New Hampshire&nbsp;&#151;&nbsp;2.3%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17,100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New Hampshire HEFA Revenue, Dartmouth Hitchcock Clinic, Series A, FSA-Insured, 2.950% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>17,100,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>23 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>New York&nbsp;&#151;&nbsp;0.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">New York City, NY, Transitional Finance Authority, Subordinated Series 2-F, 2.950% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Pennsylvania&nbsp;&#151;&nbsp;0.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">300,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Philadelphia, PA, IDA Revenue, Fox Chase Cancer Center Project,<BR>LOC-Morgan Guaranty Trust,<BR>2.980% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>300,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Tennessee&nbsp;&#151;&nbsp;0.6%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Blount County, TN, Public Building Authority, Local Government Public Improvement Revenue, AMBAC-Insured, LOC-KBC Bank NV:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">300,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series A-1E, 3.000% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">300,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series A-1H, 3.000% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Sevier County, TN, Public Building Authority, Local Government Public Improvement Revenue, AMBAC-Insured:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series IV-E-1, 3.000% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,335,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series IV-E-3, 3.000% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,335,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,400,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series IV-I-2, 3.000% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,400,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Series VI-C-5, 3.000% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">200,000</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Tennessee</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>4,435,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Texas&nbsp;&#151;&nbsp;0.5%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">395,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Bell County, TX, Health Facilities Development Corp. Revenue, Scott &amp; White Memorial Hospital, Series B-2, MBIA-Insured, 2.980% due
6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">395,000</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A-1+</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Harris County, TX, Health Facilities Development Corp. Revenue,
St.&nbsp;Luke&#146;s&nbsp;Episcopal&nbsp;Hospital,&nbsp;Series&nbsp;B,<BR>2.980% due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,000,000</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Texas</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>3,395,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>24 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Face<BR>Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Rating&#135;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Security</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2"><B><I>Washington&nbsp;&#151;&nbsp;0.0%</I></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;$100,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">VMIG&nbsp;1(d)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Washington State Housing Finance Commission Nonprofit Housing Revenue, Rockwood Retirement Program, Series A, LOC-Wells Fargo Bank NA, 2.980%
due 6/1/05</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>T<SMALL>OTAL</SMALL> S<SMALL>HORT</SMALL>-T<SMALL>ERM</SMALL> I<SMALL>NVESTMENTS</SMALL></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">(Cost&nbsp;&#151;&nbsp;$43,840,000)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>43,840,000</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>T<SMALL>OTAL</SMALL> I<SMALL>NVESTMENTS&nbsp;</SMALL>&#151;&nbsp;100.0%</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">(Cost&nbsp;&#151;&nbsp;$684,961,861#)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>738,085,649</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&#135;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">All ratings are by Standard &amp; Poor&#146;s Ratings Service, unless otherwise footnoted. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(a)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Pre-Refunded bonds are escrowed with U.S. government securities and are considered by the manager to be triple-A rated even if issuer has not applied for new ratings.
</FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(b)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">All or a portion of this security is segregated for open futures contracts. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(c)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Income from this issue is considered a preference item for purposes of calculating the alternative minimum tax. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(d)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Rating by Moody&#146;s Investors Service, Inc. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(e)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">All or a portion of this security is held as collateral for open futures contracts. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(f)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Bonds are escrowed to maturity by U.S. government securities and are considered by the manager to be triple-A rated even if issuer has not applied for new ratings.
</FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(g)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Rating by Fitch Rating Service </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(h)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Variable rate demand obligation payable at par on demand at any time on no more than seven days notice. The coupon rate listed represents the current rate at the period end. The due
dates on these securities reflect the next interest rate reset date or, when applicable, the maturity date. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">#</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Aggregate cost for Federal income tax purposes is $684,667,517. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">See pages 27 and 28 for definition of ratings. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>Abbreviations used in this schedule:</U> </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">AMBAC &#151; Ambac Assurance Corporation </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">CDA &#151; Community Development Authority </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">COP &#151; Certificate of Participation </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">DFA &#151; Development Finance Agency </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">EFA &#151; Educational Facilities Authority </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">EDA &#151; Economic Development Authority </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">FGIC &#151; Financial Guaranty Insurance Company </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">FHA &#151; Federal Housing Administration </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">FHLMC &#151; Federal Home Loan Mortgage Corporation </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">FSA &#151; Financial Security Assurance </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">GNMA &#151; Government National Mortgage Association </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>25 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Schedule of Investments </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">GO &#151; General Obligation </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">HDA &#151; Housing Development Authority </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">HEFA &#151; Health &amp; Educational Facilities Authority </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">IDA &#151; Industrial Development Authority </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">ISD &#151; Independent School District </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">LOC &#151; Letter of Credit </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">MBIA &#151; Municipal Bond Investors Assurance Corporation </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">MFH &#151; Multi-Family Housing </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">PCA &#151; Pollution Control Authority </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">PCR &#151; Pollution Control Revenue </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">PSF &#151; Permanent School Fund </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Q-SBLF &#151; Qualified School Board Loan Fund </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">RDA &#151; Redevelopment Agency </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">USD &#151; Unified School District </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="14%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Summary of Investments by Industry<FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"></FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#000000"></FONT></B><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">*</FONT><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B> </B></FONT></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>May 31, 2005 </I></FONT></P></TD></TR></TABLE>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g93m89.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">General Obligations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">17.3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Education</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">16.6</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Transportation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">13.3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Hospitals</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">12.9</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Water &amp; Sewer</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">10.7</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Pollution Control</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">8.4</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Single Family Housing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">4.7</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Tobacco</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">2.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Utilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">1.4</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">12.7</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total Market Value</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">100.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR WIDTH="0" SIZE="3" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">As a percentage of total investments. Please note that Fund holdings are as of May 31, 2005, and are subject to change. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>26 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="29%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Bond Ratings </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><I>(unaudited) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1">The definitions of the applicable rating symbols are set forth below: </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><I>Standard &amp; Poor&#146;s Ratings Service (&#147;Standard &amp; Poor&#146;s&#148;)</I>
&#151; Ratings from &#147;AA&#148; to &#147;CCC&#148; may be modified by the addition of a plus (+) or minus (&#150;) sign to show relative standings within the major rating categories. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="94%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;AAA&#148; have the highest rating assigned by Standard &amp; Poor&#146;s. Capacity to pay interest and repay
principal is extremely strong.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;AA&#148; have a very strong capacity to pay interest and repay principal and differ from the highest rated
issues only in a small degree.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;A&#148; have a strong capacity to pay interest and repay principal although they are somewhat more susceptible
to the adverse effects of changes in circumstances and economic conditions than debt in higher rated categories.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">BBB</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;BBB&#148; are regarded as having an adequate capacity to pay interest and repay principal. Whereas they normally
exhibit adequate protection parameters, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity to pay interest and repay principal for bonds in this category than in higher rated
categories.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">BB, B, CCC and CC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;BB&#148;, &#147;B&#148;, &#147;CCC&#148; and &#147;CC&#148; are regarded, on balance, as predominantly
speculative with respect to capacity to pay interest and repay principal in accordance with the terms of the obligation. &#147;BB&#148; represents a lower degree of speculation than &#147;B&#148;, and &#147;CC&#148; the highest degree of
speculation. While such bonds will likely have some quality and protective characteristics, these are outweighed by large uncertainties or major risk exposures to adverse conditions.</FONT></P></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="1"><I>Moody&#146;s Investors Service (&#147;Moody&#146;s&#148;)</I> &#151; Numerical modifiers 1, 2 and 3 may be applied to each generic rating from &#147;Aa&#148; to &#147;Ba,&#148;
where 1 is the highest and 3 the lowest ranking within its generic category.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Aaa</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;Aaa&#148; are judged to be of the best quality. They carry the smallest degree of investment risk and are
generally referred to as &#147;gilt edge.&#148; Interest payments are protected by a large or by an exceptionally stable margin and principal is secure. While the various protective elements are likely to change, such changes as can be visualized
are most unlikely to impair the fundamentally strong position of such issues.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Aa</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;Aa&#148; are judged to be of high quality by all standards. Together with the &#147;Aaa&#148; group they
comprise what are generally known as high grade bonds. They are rated lower than the best bonds because margins of protection may not be as large in &#147;Aaa&#148; securities or fluctuation of protective elements may be of greater amplitude or
there may be other elements present which make the long-term risks appear somewhat larger than in &#147;Aaa&#148; securities.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;A&#148; possess many favorable investment attributes and are to be considered as upper medium grade obligations.
Factors giving security to principal and interest are considered adequate but elements may be present which suggest a susceptibility to impairment some time in the future.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Baa</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;Baa&#148; are considered as medium grade obligations, i.e., they are neither highly protected nor poorly
secured. Interest payments and principal security appear adequate for the present but certain protective elements may be lacking or may be characteristically unreliable over any great length of time. Such bonds lack outstanding investment
characteristics and in fact have speculative characteristics as well.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Ba</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;Ba&#148; are judged to have speculative elements; their future cannot be considered as well assured. Often the
protection of interest and principal payments may be very moderate and therefore not well safeguarded during both good and bad times over the future. Uncertainty of position characterizes bonds in this class.</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>27 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="29%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Bond Ratings </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><I>(unaudited) (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="94%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="1"><I>Fitch Rating Service (&#147;Fitch&#148;)</I> &#151; Ratings from &#147;AA&#148; to &#147;CCC&#148; may be modified by the addition of a plus (+) or minus (&#150;) sign to show
relative standings within the major rating categories.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">AAA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;AAA&#148; have the highest rating assigned by Fitch. Capacity to pay interest and repay principal is extremely
strong.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">AA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;AA&#148; have a very strong capacity to pay interest and repay principal and differ from the highest rated
issues only in a small degree.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;A&#148; have a strong capacity to pay interest and repay principal although they are somewhat more susceptible
to the adverse effects of changes in circumstances and economic conditions than debt in higher rated categories.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">BBB</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;BBB&#148; are regarded as having an adequate capacity to pay interest and repay principal. Whereas they normally
exhibit adequate protection parameters, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity to pay interest and repay principal for bonds in this category than in higher rated
categories.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">BB, B, CCC and CC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Bonds rated &#147;BB&#148;, &#147;B&#148;, &#147;CCC&#148; and &#147;CC&#148; are regarded, on balance, as predominantly
speculative with respect to capacity to pay interest and repay principal in accordance with the terms of the obligation. &#147;BB&#148; represents a lower degree of speculation than &#147;B&#148;, and &#147;CC&#148; the highest degree of
speculation. While such bonds will likely have some quality and protective characteristics, these are outweighed by large uncertainties or major risk exposures to adverse conditions.</FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">NR</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Indicates that the bond is not rated by Standard &amp; Poor&#146;s, Moody&#146;s or Fitch.</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="20%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Short-Term Security Ratings </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(unaudited) </I></FONT></P></TD></TR></TABLE>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="90%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">SP-1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Standard &amp; Poor&#146;s highest rating indicating very strong or strong capacity to pay principal and interest; those issues
determined to possess overwhelming safety characteristics are denoted with a plus (+) sign.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">A-1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Standard &amp; Poor&#146;s highest commercial paper and variable-rate demand obligation (VRDO) rating indicating that the degree
of safety regarding timely payment is either overwhelming or very strong; those issues determined to possess overwhelming safety characteristics are denoted with a plus (+) sign.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">VMIG&nbsp;1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Moody&#146;s highest rating for issues having a demand feature &#151; VRDO.</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">P-1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.27em; text-indent:-1.27em"><FONT FACE="Times New Roman" SIZE="1">&#151;&nbsp;Moody&#146;s highest rating for commercial paper and for VRDO prior to the advent of the VMIG 1 rating.</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>28 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="16%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_4"></A>Statement of Assets and Liabilities </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="right" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="2"><B>May 31, 2005</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>A<SMALL>SSETS</SMALL>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Investments, at value (Cost&nbsp;&#151;&nbsp;$684,961,861)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">738,085,649</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Interest receivable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,961,432</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Receivable for securities sold</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">495,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Prepaid expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">25,400</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Assets</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>749,567,481</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>L<SMALL>IABILITIES</SMALL>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Payable for securities purchased</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,623,831</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Payable to broker&nbsp;&#151;&nbsp;variation margin on open futures contracts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,603,125</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Dividends payable to Common Stock Shareholders</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,890,496</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Investment advisory fee payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">347,750</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Due to custodian</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">207,566</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Dividends payable to Auction Rate Cumulative Preferred Stockholders</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">72,452</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Administration fee payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">63,227</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Directors&#146; fees payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,959</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accrued expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">188,463</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Liabilities</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>8,001,869</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Series M, T, W, Th and F Auction Rate Cumulative Preferred Stock (2,000 shares authorized and issued at $25,000 per share for each series)
(Note 4)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>250,000,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Net Assets</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>491,565,612</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>N<SMALL>ET</SMALL> A<SMALL>SSETS</SMALL>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Par value ($0.001 par value; 41,915,511 common shares issued and outstanding; 500,000,000 common shares authorized)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41,916</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Paid in capital in excess of par value</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">509,780,980</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Overdistributed net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(981,779</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accumulated net realized loss on investment transactions and future contracts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(67,721,793</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net unrealized appreciation of investments and futures contracts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">50,446,288</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Net Assets</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>491,565,612</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Shares Outstanding</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>41,915,511</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net Asset Value</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>$11.73</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>29 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_5"></A>Statement of Operations </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="2"><B>Year&nbsp;Ended<BR>May&nbsp;31,&nbsp;2005</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>I<SMALL>NVESTMENT</SMALL> I<SMALL>NCOME</SMALL>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Interest</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>36,472,098</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>E<SMALL>XPENSES</SMALL>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Investment advisory fee</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,961,565</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Administration fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,114,658</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Auction participation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">627,357</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Shareholder communications</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">161,944</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Transfer agent fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">103,343</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Legal fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">87,783</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Directors&#146; fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">60,590</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Custody fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">59,442</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Audit and Tax</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">45,742</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Auction Agent Fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">40,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Stock Exchange listing fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32,245</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Rating agency fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,043</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Insurance</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,227</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Miscellaneous expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Expenses</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>6,317,962</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net Investment Income</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>30,154,136</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>R<SMALL>EALIZED</SMALL> <SMALL>AND</SMALL> U<SMALL>NREALIZED</SMALL> G<SMALL>AIN</SMALL> (L<SMALL>OSS</SMALL>) <SMALL>ON</SMALL> I<SMALL>NVESTMENT</SMALL> T<SMALL>RANSACTIONS</SMALL>
<SMALL>AND</SMALL> F<SMALL>UTURES</SMALL> C<SMALL>ONTRACTS</SMALL>:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Realized Loss From:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Investment transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(11,240,884</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Futures contracts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(20,198,990</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net Realized Loss</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>(31,439,874</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>)</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Change in Net Unrealized Appreciation/Depreciation From:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Investments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">49,126,539</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Futures contracts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(17,116,173</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Change in Net Unrealized Appreciation/Depreciation</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>32,010,366</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Increase from Payment by Affiliate (Note 2)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>480,000</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net Gain on Investment Transactions and Futures Contracts</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>1,050,492</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Distributions Paid to Auction Rate Cumulative Preferred Stockholders From Net Investment Income</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>(4,108,335</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>)</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net Increase in Net Assets From Operations</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>$</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>27,096,293</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>30 </B></FONT></P>


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




<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="15%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_6"></A>Statements of Changes in Net Assets </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="64%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Year Ended<BR>May 31,</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="2"><B>2005</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="2"><B>2004</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>O<SMALL>PERATIONS</SMALL>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30,154,136</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30,858,258</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net realized loss</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(31,439,874</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(345,592</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Change in net unrealized appreciation/depreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32,010,366</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,793,556</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Dividends paid to Auction Rate Cumulative Preferred Stockholders from net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(4,108,335</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,305,479</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Increase from payment by affiliate (Note 2)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">480,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Net Increase in Net Assets From Operations</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>27,096,293</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>25,413,631</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>D<SMALL>ISTRIBUTIONS</SMALL> P<SMALL>AID</SMALL> <SMALL>TO</SMALL> C<SMALL>OMMON</SMALL> S<SMALL>TOCK</SMALL> S<SMALL>HAREHOLDERS</SMALL>
<SMALL>FROM</SMALL> (N<SMALL>OTE</SMALL> 1):</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(27,286,997</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(29,138,516</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Decrease in Net Assets From Distributions Paid to Common Stock Shareholders</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>(27,286,997</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>(29,138,516</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>)</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>F<SMALL>UND</SMALL> S<SMALL>HARE</SMALL> T<SMALL>RANSACTIONS</SMALL> (N<SMALL>OTE</SMALL> 5):</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Reinvestment of distributions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">704,238</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Increase in Net Assets From Fund Share Transactions</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>&#151;</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>704,238</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Decrease in Net Assets</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>(190,704</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>(3,020,647</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>)</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>N<SMALL>ET</SMALL> A<SMALL>SSETS</SMALL>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Beginning of year</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">491,756,316</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">494,776,963</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">End of year*</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">491,565,612</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">491,756,316</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">*&nbsp;&nbsp;Includes undistributed (overdistributed) net investment income of:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$(981,779</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">$553,787</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="8" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>31 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="25%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_7"></A>Financial Highlights </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>For a share of capital stock outstanding throughout each year ended May 31, unless otherwise noted:
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1"><B>2003</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1"><B>2002<SUP></SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1"><B>2001</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Net Asset Value,<BR>Beginning of Year</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.73</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.82</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.69</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.74</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$10.93</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Income (Loss) From Operations:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.72</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.74</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.76</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.60<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1"><SUP>(1)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.60</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Net realized and unrealized gain (loss)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.03</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.07</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.10</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.02<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1"><SUP>(1)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.79</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Dividends paid to Auction Rate Cumulative Preferred Stockholders from net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.10</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.06</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.07</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.00<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Total Income From Operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.65</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.61</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.79</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.62</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.39</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Gain From Repurchase of Treasury Stock</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.02</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Underwriting Commissions and Offering Expenses for the Issuance of Auction Rate Cumulative Preferred Stock</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.00<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.07</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Distributions Paid to Common Stock Shareholders From:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.65</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.70</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.66</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.60</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.60</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Total Distributions Paid to Common Stock Shareholders</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.65</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.70</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.66</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.60</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">(0.60</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Net Asset Value, End of Year</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.73</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.73</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.82</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.69</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$11.74</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Market Price, End of Year</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$10.72</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$10.93</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$10.99</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$10.57</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$10.67</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Total Return, Based on Net Asset Value<SUP>(3)</SUP></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">6.11<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%<SUP>(4)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">5.63</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">7.55</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">5.33</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">13.90</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Total Return, Based on Market Value<SUP>(3)</SUP></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">4.07</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">5.86</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">10.60</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">4.79</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">20.69</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Net Assets, End of Year (000s)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$491,566</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$491,756</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$494,777</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$489,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$374,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="1"><B>Ratios to Average Net Assets Based on Common Shares Outstanding<SUP>(5)</SUP>:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Gross Expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.28</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.37</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.51</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.01</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.01</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Net expenses<SUP></SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.28</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.37</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">1.51</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.52</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">0.68</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">6.12</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">6.17</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">6.40</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">4.84<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1"><SUP>(1)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">5.15</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Portfolio Turnover Rate</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">7</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">34</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">28</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">39</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">58</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">%</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Auction Rate Cumulative Preferred Stock<SUP>(6)</SUP>:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Total Amount Outstanding (000s)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$250,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$250,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$250,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$250,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Asset Coverage Per Share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">74,157</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">74,250</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">74,478</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">74,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Involuntary Liquidating Preference Per Share<SUP>(7)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Average Market Value Per Share<SUP>(7)</SUP></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">25,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>32 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="25%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Financial Highlights </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(1)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Effective June 1, 2001, the Fund adopted a change in accounting method that requires the Fund to amortize premiums and accrete all discounts. Without the adoption of this change,
for the year ended May 31, 2002, the ratio of net investment income to average net assets would have been 4.81%. Per share information, ratios and supplemental data for the periods prior to June 1, 2001, have not been restated to reflect this change
in presentation. The impact of this change to net investment income and net realized and unrealized gain was less than $0.01 per share. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(2)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Amount represents less than $0.01 per share. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(3)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">The total return calculation assumes that dividends are reinvested in accordance with the Fund&#146;s dividend reinvestment plan. Performance figures may reflect fee waivers and/or
expense reimbursements. Past performance is no guarantee of future results. In the absence of fee waivers and/or expense reimbursements, the total return would have been lower. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(4)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">The investment adviser fully reimbursed the Fund for losses incurred resulting from an investment transaction error. Without this reimbursement, the total return would have been
6.02%. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(5)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Calculated on basis of average net assets of common shareholders. Ratios do not reflect the effect of dividend payments to preferred shareholders. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(6)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">On May 22, 2002, the Fund issued 2,000 shares of Auction Rate Cumulative Preferred Stock at $25,000 a share, for Series M, Series T, Series W, Series Th and Series F, respectively.
</FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(7)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Excludes accumulated undeclared dividends. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>See Notes to Financial Statements. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>33 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="19%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_8"></A>Notes to Financial Statements </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>1.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Organization and Significant Accounting Policies </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Managed Municipals Portfolio Inc. (the &#147;Fund&#148;) was incorporated in Maryland and is registered as a non-diversified, closed-end management
investment company under the Investment Company Act of 1940, as amended. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">The following is a summary of the significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles (&#147;GAAP&#148;). Estimates and
assumptions are required to be made regarding assets, liabilities and changes in net assets resulting from operations when financial statements are prepared. Changes in the economic environment, financial markets and any other parameters used in
determining these estimates could cause actual results to differ. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2"><B>(a) Investment Valuation.</B>&nbsp;&nbsp;Securities are valued at the mean between the bid and asked prices provided by an independent pricing service that are based on transactions in municipal obligations, quotations from municipal
bond dealers, market transactions in comparable securities and various relationships between securities. Securities for which market quotations are not readily available or where market quotations are determined not to reflect fair value, will be
valued in good faith by or under the direction of the Fund&#146;s Board of Directors. Short-term obligations with maturities of 60 days or less are valued at amortized cost, which approximates value. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>(b) Financial Futures Contracts.&nbsp;&nbsp;</B>The Fund may enter into
financial futures contracts typically to hedge a portion of the portfolio. Upon entering into a financial futures contract, the Fund is required to deposit cash or securities as initial margin. Additional securities are also segregated up to the
current market value of the financial futures contracts. Subsequent payments, known as variation margin, are made or received by the Fund each day, depending on the daily fluctuation in the value of the underlying financial instruments. The Fund
recognizes an unrealized gain or loss equal to the daily variation margin. When the financial futures contracts are closed, a realized gain or loss is recognized equal to the difference between the proceeds from (or cost of) the closing transactions
and the Fund&#146;s basis in the contracts. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The risks
associated with entering into financial futures contracts include the possibility that a change in the value of the contract may not correlate with the changes in the value of the underlying instruments. In addition, investing in financial futures
contracts involves the risk that the Fund could lose more than the original margin deposit and subsequent payments required for a futures transaction. Risks may also arise upon entering into these contracts from the potential inability of the
counterparties to meet the terms of their contracts. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>34 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="19%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Notes to Financial Statements </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(continued) </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>(c) Security Transactions and Investment Income.&nbsp;&nbsp;</B>Security transactions are
accounted for on a trade date basis. Interest income, adjusted for amortization of premium and accretion of discount, is recorded on the accrual basis. To the extent any issuer defaults on an expected interest payment, the Fund&#146;s policy is to
generally halt any additional interest income accruals and consider the realizability of interest accrued up to the date of default. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>(d) Distributions to Shareholders.&nbsp;&nbsp;</B>Distributions from net investment income for the Fund, if any, are declared and paid on a monthly
basis. The Fund intends to satisfy conditions that will enable interest from municipal securities, which is exempt from federal and certain state income taxes, to retain such tax-exempt status when distributed to the shareholders of the Fund.
Distributions of net realized gains, if any, are taxable and are declared at least annually. Distributions are recorded on the ex-dividend date and are determined in accordance with income tax regulations, which may differ from GAAP. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>(e) Net Asset Value.&nbsp;&nbsp;</B>The net asset value (&#147;NAV&#148;)
of the Fund&#146;s Common Stock is determined no less frequently than the close of business on the Fund&#146;s last business day of each week (generally Friday) and on the last business day of the month. It is determined by dividing the value of the
net assets available to Common Stock by the total number of shares of Common Stock outstanding. For the purpose of determining the NAV per share of the Common Stock, the value of the Fund&#146;s net assets shall be deemed to equal the value of the
Fund&#146;s assets less (1) the Fund&#146;s liabilities, and (2) the aggregate liquidation value (i.e., $25,000 per outstanding share) of the Auction Rate Cumulative Preferred Stock and (3) accumulated and unpaid dividends on the outstanding Auction
Rate Cumulative Preferred Stock issue. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>(f) Federal and
Other Taxes.&nbsp;&nbsp;</B>It is the Fund&#146;s policy to comply with the federal income and excise tax requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies. Accordingly, the Fund intends to
distribute substantially all of its taxable income and net realized gains on investments, if any, to shareholders each year. Therefore, no federal income tax provision is required in the Fund&#146;s financial statements. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>(h) Reclassification.</B>&nbsp;&nbsp;GAAP requires that certain
components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or net asset value per share. During the current year, the following reclassifications
have been made: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="11%"></TD>
<TD VALIGN="bottom" WIDTH="26%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="26%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="26%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Undistributed<BR>Net&nbsp;Investment<BR>Income</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Accumulated<BR>Net Realized<BR>Loss</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Paid-in<BR>Capital</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">(a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">(b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(294,370</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">294,370</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD></TR>
<TR>
<TD COLSPAN="12" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(a)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Reclassifications are primarily due to book/tax differences in the treatment of various items. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(b)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Reclassifications are primarily due to differences between book and tax amortization of premium on fixed income securities. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>35 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="19%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Notes to Financial Statements </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(continued) </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>2.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Investment Advisory Agreement, Administration Agreement and Other Transactions </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Smith Barney Fund Management LLC (&#147;SBFM&#148;), an indirect wholly-owned subsidiary of Citigroup Inc. (&#147;Citigroup&#148;), acts as the
investment adviser and administrator to the Fund. For investment advisory and administrative services, the Fund pays SBFM fees calculated at the annual rate of 0.55% and 0.20% of the average daily total net assets of the Fund, respectively, for an
aggregate investment advisory and administrative fee of 0.75%. Effective December 1, 2004, the fee the Fund pays SBFM for administrative services was reduced to 0.10% of the average daily total net assets of the Fund. The aggregate investment
advisory and administrative fee the Fund will pay will be 0.65% of the average total net assets of the Fund. Notwithstanding the foregoing, by agreement between SBFM and the Fund, the Fund pays SBFM an aggregate investment advisory and
administrative fee at an annual rate of 0.65% on those assets of the Fund equal to the product of the number of preferred shares outstanding multiplied by the liquidation value of such shares. The investment advisory fee and the administrative fee
are each calculated daily and paid monthly. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">During the year
ended May 31, 2005, SBFM reimbursed the Fund in the amount of $480,000 for loss incurred resulting from an investment transaction error. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">All officers and one director of the Fund are employees of Citigroup or its affiliates and do not receive compensation from the Fund. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>3.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Investments </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">During the year ended May 31, 2005, the aggregate cost of purchases and proceeds from sales of investments (excluding short-term investments) were as follows: </FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="85%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Purchases</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">50,599,938</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">49,235,294</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">At May 31, 2005, the
aggregate gross unrealized appreciation and depreciation of investments for federal income tax purposes were as follows: </FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="85%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Gross unrealized appreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">56,122,524</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Gross unrealized depreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(2,704,392</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Net unrealized appreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">53,418,132</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">At May 31, 2005, the
Fund had the following open futures contracts: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="27%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Number&nbsp;of<BR>Contracts</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Expiration<BR>Date</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">Basis</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">Market</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">Value</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Unrealized<BR>Loss</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Contracts to Sell:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">U.S Treasury Bonds</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2,380</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">9/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">276,823,750</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">279,501,250</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(2,677,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD COLSPAN="14" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>36 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="19%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Notes to Financial Statements </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(continued) </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>4.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Auction Rate Cumulative Preferred Stock </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">As of May 31, 2005, the Fund had 2,000 outstanding shares of Series M, Series T, Series W, Series Th and Series F, each of Auction Rate Cumulative
Preferred Stock (&#147;ARCPS&#148;). The ARCPS&#146; dividends are cumulative at a rate determined at an auction and the dividend period is typically 7 days. The dividend rates ranged from 0.949% to 2.910% during the year ended May 31, 2005. At May
31, 2005, the dividend rates in effect were as follows: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Series&nbsp;M</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Series&nbsp;T</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Series&nbsp;W</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Series&nbsp;Th</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Series&nbsp;F</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Dividend&nbsp;Rates</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2.76%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2.71%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2.77%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2.81%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2.81%</FONT></TD></TR>
<TR>
<TD COLSPAN="11" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The ARCPS are
redeemable under certain conditions by the Fund, or subject to mandatory redemption (if the Fund is in default of certain coverage requirements) at a redemption price equal to the liquidation preference, which is the sum of $25,000 per share plus
accumulated and unpaid dividends. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Fund is required to
maintain certain asset coverages with respect to the ARCPS. If the Fund fails to maintain these coverages and does not cure any such failure within the required time period, the Fund is required to redeem a requisite number of the ARCPS in order to
meet the applicable requirement. Additionally, failure to meet the foregoing asset requirements would restrict the Fund&#146;s ability to pay dividends to common stockholders. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Citigroup Global Markets Inc. (&#147;CGMI&#148;), another indirect wholly-owned subsidiary of Citigroup, currently acts as
the broker/dealer in connection with the auction of ARCPS. After each auction, the auction agent will pay to the participating broker/dealer, from monies the Fund provides, a participation fee at the annual rate of 0.25% of the purchase price of the
ARCPS that the broker/dealer places at the auction. For the year ended May 31, 2005, the Fund incurred auction participation fees of $627,357 for CGMI&#146;s services as the participating broker/dealer. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>5.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Capital Shares </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Capital stock transactions were as follows: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Year Ended<BR>May 31, 2005</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="4" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Year Ended<BR>May 31, 2004</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Shares</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Shares</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Amount</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Shares issued on reinvestment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">59,395</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">704,238</FONT></TD></TR>
<TR>
<TD COLSPAN="10" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>37 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="0%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Notes to Financial Statements </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>6.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Income Tax Information and Distributions to Shareholders </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Subsequent to the fiscal year end, the Fund has made the following distributions: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="89%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Declaration Date<BR>Record Date<BR>Payable Date</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">5/26/2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">6/21/2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">6/24/2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.0460</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The tax character of
distributions paid by the fund during the fiscal years ended May 31, were as follows: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">2005</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">2004</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1"><B>Distributions paid from:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Tax Exempt Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">31,395,332</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">31,439,501</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Ordinary Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">&#151;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">4,494</FONT></TD></TR>
<TR>
<TD COLSPAN="7" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Total Distributions Paid</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">31,395,332</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">31,443,995</FONT></TD></TR>
<TR>
<TD COLSPAN="7" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">As of May 31, 2005,
the components of accumulated earnings on a tax basis were as follows: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="84%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Capital loss carryforward (a)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(46,888,432</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Other book/tax temporary differences (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(22,109,484</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Unrealized appreciation (c)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">50,740,632</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">Total accumulated losses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(18,257,284</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(a)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">On May 31, 2005 the Fund had net capital loss carryforwards as follows: </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="84%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Year of Expiration</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="Times New Roman" SIZE="1">Amount</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">5/31/2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(10,786,867</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">5/31/2011</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(10,369,607</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="1">5/31/2013</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(25,731,958</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="1" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">(46,888,432</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">)</FONT></TD></TR>
<TR>
<TD COLSPAN="4" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD>
<TD VALIGN="top"><HR WIDTH="0" SIZE="2" NOSHADE ALIGN="left" COLOR="#ffffff"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">These amounts will be available to offset any future taxable capital gains. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(b)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">Other book/tax temporary differences are attributable primarily to the difference between cash and accrual basis distributions paid by the Fund, the realization for tax purposes of
unrealized losses on certain futures contracts and the deferral of post-October capital losses for tax purposes. </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">(c)</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">The difference between book-basis and tax-basis unrealized appreciation is attributable primarily to the difference between book and tax amortization methods for market discounts on
fixed income securities. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>38 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="0%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Notes to Financial Statements </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>7.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Additional Information </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On May 31, 2005, the U.S. Securities and Exchange Commission (&#147;SEC&#148;) issued an order in connection with the settlement of an administrative
proceeding against SBFM and CGMI (an affiliate of the manager) relating to the appointment of an affiliated transfer agent for the Smith Barney family of mutual funds (the &#147;Funds&#148;). </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The SEC order finds that SBFM and CGMI willfully violated Section 206(1) of
the Investment Advisers Act of 1940 (&#147;Advisers Act&#148;). Specifically, the order finds that SBFM and CGMI knowingly or recklessly failed to disclose to the boards of the Funds in 1999 when proposing a new transfer agent arrangement with an
affiliated transfer agent that: First Data Investors Services Group (&#147;First Data&#148;), the Funds&#146; then existing transfer agent, had offered to continue as transfer agent and do the same work for substantially less money than before; and
that Citigroup Asset Management (&#147;CAM&#148;), the Citigroup business unit that includes the CAM-managed funds&#146; investment manager and other investment advisory companies, had entered into a side letter with First Data under which CAM
agreed to recommend the appointment of First Data as sub-transfer agent to the affiliated transfer agent in exchange, among other things, for a guarantee by First Data of specified amounts of asset management and investment banking fees to CAM and
CGMI. The order also finds that SBFM and CGMI willfully violated Section 206(2) of the Advisers Act by virtue of the omissions discussed above and other misrepresentations and omissions in the materials provided to the Funds&#146; boards, including
the failure to make clear that the affiliated transfer agent would earn a high profit for performing limited functions while First Data continued to perform almost all of the transfer agent functions, and the suggestion that the proposed arrangement
was in the Funds&#146; best interests and that no viable alternatives existed. SBFM and CGMI do not admit or deny any wrongdoing or liability. The settlement does not establish wrongdoing or liability for purposes of any other proceeding.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The SEC censured SBFM and CGMI and ordered them to cease and
desist from violations of Sections 206(1) and 206(2) of the Advisers Act. The order requires Citigroup to pay $208.1 million, including $109 million in disgorgement of profits, $19.1 million in interest, and a civil money penalty of $80 million.
Approximately $24.4 million has already been paid to the Funds, primarily through fee waivers. The remaining $183.7 million, including the penalty, has been paid to the U.S. Treasury and will be distributed pursuant to a plan to be prepared by
Citigroup and submitted within 90 days of the entry of the order for approval by the SEC. The order also requires that transfer </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>39 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="19%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Notes to Financial Statements </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">agency fees received from the Funds since December 1, 2004 less certain expenses be placed in escrow and provides that a portion of such fees may be
subsequently distributed in accordance with the terms of the order. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">The order requires SBFM to recommend a new transfer agent contract to the Fund boards within 180 days of the entry of the order; if a Citigroup affiliate submits a proposal to serve as transfer agent or sub-transfer agent, an independent
monitor must be engaged at the expense of SBFM and CGMI to oversee a competitive bidding process. Under the order, Citigroup must comply with an amended version of a vendor policy that Citigroup instituted in August 2004. That policy, as amended,
among other things, requires that when requested by the board of a CAM-managed fund, CAM will retain at its own expense an independent consulting expert to advise and assist the board on the selection of certain service providers affiliated with
Citigroup. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">At this time, there is no certainty as to how the
proceeds of the settlement will be distributed, to whom such distributions will be made, the methodology by which such distribution will be allocated, and when such distribution will be made. Although there can be no assurance, Citigroup does not
believe that this matter will have a material adverse effect on the funds. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">The Fund did not implement the transfer agent arrangement described above and therefore will not receive any portion of the distributions. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="2"><B>8.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="2"><B>Subsequent Event </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">On June 24, 2005, Citigroup announced that it has signed a definitive agreement under which Citigroup will sell substantially all of its worldwide asset
management business to Legg Mason, Inc. (&#147;Legg Mason&#148;). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman"
SIZE="2">As part of this transaction, SBFM (the &#147;Manager&#148;), currently an indirect wholly owned subsidiary of Citigroup, would become an indirect wholly owned subsidiary of Legg Mason. The Manager is the investment adviser to the Fund.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The transaction is subject to certain regulatory approvals,
as well as other customary conditions to closing. Subject to such approvals and the satisfaction of the other conditions, Citigroup expects the transaction to be completed later this year. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Under the Investment Company Act of 1940, consummation of the transaction
will result in the automatic termination of the investment advisory contract between the Fund and the Manager. Therefore, the Fund&#146;s Board of Directors will be asked to approve a new investment advisory contract between the Fund and the
Manager. If approved by the Board, the new investment advisory contract will be presented to the shareholders of the Fund for their approval. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>40 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="2%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_12"></A>Report of Independent Registered Public Accounting Firm </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Shareholders and Board of Directors Managed Municipals Portfolio Inc.: </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">We have audited the accompanying statement of assets and liabilities,
including the schedule of investments, of Managed Municipals Portfolio Inc. as of May 31, 2005, and the related statement of operations for the year then ended, the statements of changes in net assets for each of the years in the two-year period
then ended, and the financial highlights for each of the years in the five-year period then ended. These financial statements and financial highlights are the responsibility of the Fund&#146;s management. Our responsibility is to express an opinion
on these financial statements and financial highlights based on our audits. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance
about whether the financial statements and financial highlights are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our procedures included
confirmation of securities owned as of May 31, 2005, by correspondence with the custodian and brokers or by other appropriate auditing procedures where replies from brokers were not received. An audit also includes assessing the accounting
principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">In our opinion, the financial statements and financial highlights referred
to above present fairly, in all material respects, the financial position of Managed Municipals Portfolio Inc. as of May 31, 2005, and the results of its operations for the year then ended, the changes in its net assets for each of the years in the
two-year period then ended, and the financial highlights for each of the years in the five-year period then ended, in conformity with U.S. generally accepted accounting principles. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">

<IMG SRC="g23759g78r91.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">New York, New York </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">July 22, 2005 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>41 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="28%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_13"></A>Financial Data </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(unaudited) </I></FONT></P></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>For a share of common stock outstanding throughout each period: </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Record</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Date</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Payable</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Date</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>NYSE</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Closing</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="1"><B>Price&#134;</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Net<BR>Asset</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Value&#134;</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Dividend</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Paid</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Dividend<BR>Reinvestment</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Price</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="15"><FONT FACE="Times New Roman" SIZE="1"><B>Fiscal Year 2004</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">6/24/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">6/27/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.93</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.77</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.08</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">7/22/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">7/25/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.62</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.82</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.79</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">8/26/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">8/29/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.56</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.68</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.63</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">9/23/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">9/26/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.61</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.83</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.76</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10/28/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10/31/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.11</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.95</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.17</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11/24/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11/28/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12.05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.24</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12/22/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12/26/03</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.18</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12.06</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.28</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">1/27/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">1/30/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.69</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12.11</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.67</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2/24/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2/27/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.67</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12.13</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.83</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">3/23/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">3/26/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.76</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.99</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.75</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">4/27/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">4/30/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.63</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.88</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.61</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">5/25/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">5/28/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.74</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.70</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.92</FONT></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="15"><FONT FACE="Times New Roman" SIZE="1"><B>Fiscal Year 2005</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">6/22/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">6/25/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.52</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.67</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.71</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">7/27/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">7/30/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.73</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.72</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.73</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">8/24/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">8/27/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.90</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.71</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.058</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.12</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">9/21/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">9/24/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.06</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.66</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.055</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.16</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10/26/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10/29/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.18</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.73</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.055</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.34</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11/22/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11/26/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.67</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.055</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.42</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12/28/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">12/31/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.62</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.79</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.052</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.80</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">1/25/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">1/28/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.86</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.79</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.052</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.10</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2/22/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">2/25/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.80</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.84</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.052</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.90</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">3/21/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">3/24/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.53</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.84</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.052</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.68</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">4/26/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">4/29/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.68</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.76</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.052</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.77</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">5/24/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">6/1/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.68</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">11.75</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">0.052</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="1">10.78</FONT></TD></TR>
<TR>
<TD COLSPAN="15" VALIGN="top"><HR SIZE="2" NOSHADE COLOR="#a79a6f"></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1">&#134;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1">As of record date. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>42 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="24%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_9"></A>Additional Information </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(unaudited) </I></FONT></P></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Information about Directors and Officers </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The business and affairs of Managed Municipals Portfolio Inc. (&#147;Fund&#148;) are managed under the direction of the Fund&#146;s Board of
Directors. Information pertaining to the Directors and Officers of the Fund is set forth below. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="35%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="18%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="13%"></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Name, Address<BR>and&nbsp;Birth Year</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Position(s)<BR>Held&nbsp;with</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Term&nbsp;of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Office</B><B><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000">*</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000"><B></B></FONT>&nbsp;and<BR>Length of</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Time</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Served</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Principal<BR>Occupation(s)<BR>During&nbsp;Past<BR>Five Years</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Number&nbsp;of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by&nbsp;Director</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Other<BR>Board<BR>Memberships<BR>Held by<BR>Director</B></FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Non-Interested&nbsp;Directors:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Dwight B. Crane<BR>Harvard Business School<BR>Soldiers Field Road <BR>Morgan Hall #375<BR>Boston, MA 02163<BR>Birth Year: 1937</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Class III<BR>Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 1992</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Professor, Harvard Business School</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">48</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Paolo M. Cucchi<BR>Drew University<BR>108 Brothers College<BR>Madison, NJ 07940<BR>Birth Year: 1941</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Class I<BR>Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2001</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Vice President and Dean of College of Liberal Arts&nbsp;at Drew University</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Robert A. Frankel<BR>1961 Deargross Way<BR>Carlsbad, CA 92009<BR>Birth Year: 1927</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Class II<BR>Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 1994</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Managing Partner of Robert A. Frankel Management Consultants</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">18</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Paul Hardin<BR>12083 Morehead<BR>Chapel Hill, NC<BR>27514-8426<BR>Birth Year: 1931</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Class II<BR>Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2001</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Chancellor Emeritus and Professor of Law at the University of North Carolina at Chapel Hill</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">34</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">William R. Hutchinson<BR>535 N. Michigan<BR>Suite 1012<BR>Chicago, IL 60611<BR>Birth Year: 1942</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Class III<BR>Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 1995</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">President, W.R. Hutchinson &amp; Associates, Inc.; Formerly Group Vice President, Mergers &amp; Acquisitions BP Amoco PLC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">44</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Director, Associated Bank and Associated Banc-Corp.</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">George M. Pavia<BR>600 Madison Avenue<BR>New York, NY&nbsp;10022<BR>Birth Year: 1928</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Class III</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Director</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2001</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Senior Partner, Pavia &amp; Harcourt Attorneys</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>43 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="24%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Additional Information </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(unaudited) (continued) </I></FONT></P>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="13%"></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Name, Address<BR>and&nbsp;Birth Year</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Position(s)<BR>Held&nbsp;with</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Term&nbsp;of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Office</B><B><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000">*</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000"><B></B></FONT>&nbsp;and<BR>Length of</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Time</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Served</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Principal<BR>Occupation(s)<BR>During&nbsp;Past<BR>Five Years</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Number&nbsp;of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by&nbsp;Director</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Other<BR>Board<BR>Memberships<BR>Held by<BR>Director</B></FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Interested Director:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">R.&nbsp;Jay&nbsp;Gerken,&nbsp;CFA<FONT FACE="Times New Roman" SIZE="1" COLOR="#000000">*</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000"></FONT><FONT
FACE="Times New Roman" SIZE="1" COLOR="#000000">*</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000"></FONT></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Citigroup Asset
Management&nbsp;(&#147;CAM&#148;)</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">399 Park Avenue</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Mezzanine</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">New York, NY 10022</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Birth Year: 1951</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Class I Director/Chairman,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">also serves</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">as President and Chief Executive Officer</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2002</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Managing Director of Citigroup Global Markets Inc. (&#147;CGM&#148;); Chairman, President and Chief Executive Officer of Smith Barney Fund Management LLC (&#147;SBFM&#148;), Travelers Investment Adviser,
Inc. (&#147;TIA&#148;) and Citi Fund Management Inc. (&#147;CFM&#148;); President and Chief Executive Officer of certain mutual funds associated with Citigroup Inc. (&#147;Citigroup&#148;); Formerly Portfolio Manager of Smith Barney Allocation
Series Inc. (from 1996 to 2001) and Smith Barney Growth and Income Fund (from 1996 to 2000)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">220</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Officers:</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Andrew B. Shoup<BR>CAM</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">125 Broad Street<BR></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">11th Floor</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">New York, NY&nbsp;10004<BR>Birth Year: 1956</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Senior&nbsp;Vice President and Chief Administrative Officer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2003</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Director of CAM; Senior Vice President and Chief Administrative Officer of mutual funds associated with Citigroup; Head of International Funds Administration of CAM (from 2001 to 2003); Director of Global
Funds Administration of CAM (from 2000 to 2001); Head of U.S. Citibank Funds Administration of CAM (from 1998 to 2000)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Kaprel Ozsolak<BR>CAM<BR>125 Broad Street<BR>11th Floor<BR>New York, NY 10004<BR>Birth Year: 1965</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Chief Financial Officer and Treasurer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2004</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Vice President of CGM; Chief Financial Officer and Treasurer of certain mutual funds associated with Citigroup; Controller of certain mutual funds associated with Citigroup (from 2002 to 2004)</FONT></TD>

<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Joseph P. Deane <BR>CAM</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">399 Park Avenue<BR>4th Floor</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">New York, NY 10022<BR>Birth Year: 1947</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Vice<BR>President and Investment Officer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 1993</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Managing Director of CGM; Investment Officer of SBFM</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>44 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="24%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Additional Information </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(unaudited) (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="28%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="13%"></TD></TR>


<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Name, Address<BR>and&nbsp;Birth Year</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Position(s)<BR>Held&nbsp;with</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Term&nbsp;of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Office</B><B><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000">*</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000"><B></B></FONT>&nbsp;and<BR>Length of</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Time</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>Served</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Principal<BR>Occupation(s)<BR>During&nbsp;Past<BR>Five Years</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Number&nbsp;of<BR>Portfolios<BR>in Fund<BR>Complex<BR>Overseen<BR>by&nbsp;Director</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:2px solid #a79a6f"><FONT FACE="ARIAL" SIZE="1"><B>Other<BR>Board<BR>Memberships<BR>Held by<BR>Director</B></FONT></TD></TR>

<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">David T. Fare</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">CAM</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">399 Park Avenue</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">4th Floor</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="ARIAL" SIZE="1">New York, NY 10022</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Birth Year: 1962</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Vice President<BR></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">and<BR>Investment Officer</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 1993</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Director of CGM;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Investment Officer of</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">SBFM</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Andrew Beagley</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">CAM</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">399 Park Avenue</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">4th Floor</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="ARIAL" SIZE="1">New York, NY 10022</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Birth Year: 1962</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Chief Compliance Officer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2004</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Director of CGM (since 2000); Director of Compliance, North America, CAM (since 2000); Chief Anti-Money Laundering Compliance Officer and Chief Compliance Officer of certain mutual funds associated with
Citigroup; Director of Compliance, Europe, the Middle East and Africa, CAM (from 1999 to 2000); Chief Compliance Officer, SBFM, CFM, TIA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Robert I. Frenkel</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">CAM</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">300&nbsp;First&nbsp;Stamford&nbsp;Place</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">4th Floor</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Stamford, CT 06902</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Birth Year: 1954</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Secretary</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">and Chief Legal&nbsp;Officer</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2003</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Managing Director<BR>and General Counsel<BR>of Global Mutual<BR>Funds for CAM and its predecessor (since 1994); Secretary and Chief Legal Officer of mutual funds associated with Citigoup</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">N/A</FONT></TD></TR>
</TABLE><HR WIDTH="8%" SIZE="1" NOSHADE COLOR="#000000" ALIGN="left">
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><I>*<I></I></I></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1"><I>Directors are elected for a term of three years. </I></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><I>*<I></I>*<I></I></I></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="1"><I>Mr. Gerken is a Director who is an &#147;interested person&#148; of the Fund as defined in the Investment Company Act of 1940, as amended, because Mr. Gerken is an officer of
SBFM and certain of its affiliates. </I></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>45 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="21%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_10"></A>Important Tax Information </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(unaudited) </I></FONT></P></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">All of the net investment income distributions paid monthly by the Managed Municipals Portfolio Inc.
for the fiscal year ended May 31, 2005 qualify as tax-exempt interest dividends for Federal income tax purposes. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>46 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="16%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_11"></A>Annual Chief Executive Officer and </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Chief Financial Officer Certification </B><FONT FACE="Times New Roman" SIZE="2"
COLOR="#000000"><I>(unaudited)</I><FONT FACE="ARIAL" SIZE="2" COLOR="#000000"><B> </B></FONT></FONT></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Fund&#146;s CEO has submitted to the NYSE the required annual certification, and the Fund also
has included the Certifications of the Fund&#146;s CEO and CFO required by Section 302 of the Sarbanes-Oxley Act in the Fund&#146;s Form N-CSR filed with the SEC, for the period of this report. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>47 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="20%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_14"></A>Dividend Reinvestment Plan </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(unaudited) </I></FONT></P></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Under the Fund&#146;s Dividend Reinvestment Plan (&#147;Plan&#148;), a shareholder whose shares of
common stock are registered in his own name will have all distributions from the Fund reinvested automatically by PFPC Inc. (&#147;PFPC&#148;), as purchasing agent under the Plan, unless the shareholder elects to receive cash. Distributions with
respect to shares registered in the name of a broker-dealer or other nominee (that is, in street name) will be reinvested by the broker or nominee in additional shares under the Plan, unless the service is not provided by the broker or nominee or
the shareholder elects to receive distributions in cash. Investors who own common stock registered in street name should consult their broker-dealers for details regarding reinvestment. All distributions to shareholders who do not participate in the
Plan will be paid by check mailed directly to the record holder by or under the direction of PFPC as dividend paying agent. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The number of shares of common stock distributed to participants in the Plan in lieu of a cash dividend is determined in the following manner. When the
market price of the common stock is equal to or exceeds 98% of the net asset value per share of the common stock on the determination date (generally, the record date for the distribution), Plan participants will be issued shares of common stock by
the Fund at a price equal to the greater of 98% of net asset value or 95% of the market price of the common stock. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">If the market price of the common stock is less than 98% of the net asset value of the common stock at the time of valuation (which is the close of
business on the determination date), PFPC will buy common stock in the open market, on the NYSE or elsewhere, for the participants&#146; accounts. If following the commencement of the purchases and before PFPC has completed its purchases, the market
price exceeds the net asset value of the common stock as of the valuation time, PFPC will attempt to terminate purchases in the open market and cause the Fund to issue the remaining portion of the dividend or distribution in shares at a price equal
to the greater of (a) 98% of net asset value as of the valuation time or (b) 95% of the then current market price. In this case, the number of shares received by a Plan participant will be based on the weighted average of prices paid for shares
purchased in the open market and the price at which the Fund issues the remaining shares. To the extent PFPC is unable to stop open market purchases and cause the Fund to issue the remaining shares, the average per share purchase price paid by PFPC
may exceed the net asset value of the common stock as of the valuation time, resulting in the acquisition of fewer shares than if the dividend or capital gains distribution had been paid in common stock issued by the Fund at such net asset value.
PFPC will begin to purchase common stock on the open market as soon as practicable after the determination date for the dividend or capital </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>48 </B></FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="0%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Dividend Reinvestment Plan </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(unaudited) (continued) </I></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">gains distribution, but in no event shall such purchases continue later than 30 days after the payment date for such dividend or distribution, or the record
date for a succeeding dividend or distribution, except when necessary to comply with applicable provisions of the federal securities laws. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">PFPC maintains all shareholder accounts in the Plan and furnishes written confirmations of all transactions in each account, including information needed
by a shareholder for personal and tax records. The automatic reinvestment of dividends and capital gains distributions will not relieve Plan participants of any income tax that may be payable on the dividends or capital gains distributions. Common
stock in the account of each Plan participant will be held by PFPC in uncertificated form in the name of the Plan participant. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Plan participants are subject to no charge for reinvesting dividends and capital gains distributions under the Plan. PFPC&#146;s fees for handling the
reinvestment of dividends and capital gains distributions will be paid by the Fund. No brokerage charges apply with respect to shares of common stock issued directly by the Fund under the Plan. Each Plan participant will, however, bear a
proportionate share of any brokerage commissions actually incurred with respect to any open market purchases made under the Plan. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Experience under the Plan may indicate that changes to it are desirable. The Fund reserves the right to amend or terminate the Plan as applied to any
dividend or capital gains distribution paid subsequent to written notice of the change sent to participants at least 30 days before the record date for the dividend or capital gains distribution. The Plan also may be amended or terminated by PFPC,
with the Fund&#146;s prior written consent, on at least 30 days&#146; written notice to Plan participants. All correspondence concerning the plan should be directed by mail to PFPC Inc., P.O. Box 43027, Providence, Rhode Island 02940-3027 or by
telephone at 1 (800) 331-1710. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="22%"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><B>

<IMG SRC="g23759g35i79.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>
<A NAME="ifc23759_15"></A>Share Repurchase Notice </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(unaudited) </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"
align="left"><FONT SIZE="1">&nbsp;</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Notice is hereby given in accordance with Section 23(c) of the Investment Company Act
of 1940, as amended, that from time to time the Fund may purchase shares of its common stock in the open market. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center">

<IMG SRC="g23759g28g40.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"><B>49 </B></FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="6"><I>Managed Municipals </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="6"><I>Portfolio Inc. </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2"><B>Directors </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Dwight B. Crane </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Paolo M. Cucchi </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Robert A. Frankel
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">R. Jay Gerken, CFA </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>&nbsp;&nbsp;&nbsp;&nbsp;Chairman
</I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Paul Hardin </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">William R. Hutchinson </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">George M. Pavia </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL"
SIZE="2"><B>Officers </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">R. Jay Gerken, CFA </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>President and
Chief&nbsp;Executive Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Andrew B. Shoup </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Senior Vice President and Chief Administrative Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Kaprel Ozsolak </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Chief Financial Officer and&nbsp;Treasurer </I></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Joseph P. Deane </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><I>Vice President and Investment Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">David T. Fare </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Vice President and </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><I>Investment Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Andrew Beagley </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Chief Compliance Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Robert I. Frenkel </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Secretary and </I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Chief Legal Officer </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2"><B>Investment Adviser and Administrator </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Smith Barney Fund Management LLC </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">399 Park Avenue </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">New York, New York 10022 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="ARIAL" SIZE="2"><B>Transfer Agent </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">PFPC Inc. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">P.O.
Box 43027</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Providence,&nbsp;Rhode&nbsp;Island&nbsp;02940-3027 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2"><B>Custodian </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">State Street Bank and Trust Company </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">225 Franklin Street </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Boston, Massachusetts 02110 </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><B>

<IMG SRC="g23759g99u06.jpg" ALT="LOGO"> </B></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>This report is only intended for shareholders of the </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Managed Municipals Portfolio Inc. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>It is not a Prospectus, </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>circular or representation intended for use in the </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL"
SIZE="2"><B>purchase or sale of shares of the Fund or of any </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>securities mentioned in the report. </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>The Fund files its complete schedule of portfolio holdings </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>with Securities and Exchange Commission for the first and </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL"
SIZE="2"><B>third quarters of each fiscal year on Form N-Q. The Fund&#146;s </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Forms N-Q are available on the Commission&#146;s website at
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>www.sec.gov. The Fund&#146;s Forms N-Q may be reviewed </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="ARIAL" SIZE="2"><B>and copied at the Commission&#146;s Public Reference Room </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>in Washington D.C., and information on the operation of the
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Public Reference Room may be obtained by calling </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL"
SIZE="2"><B>1-800-SEC-0330. To obtain information on Form N-Q from </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>the Fund, shareholders can call 1-800-451-2010. </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>Information on how the Fund voted proxies relating to portfolio
securities during the 12-month period ended June 30, 2004 and a description of the policies and procedures that the Fund uses to determine how to vote proxies relating to portfolio securities is available (1) without charge, upon request, by calling
1-800-451-2010, (2) on the Fund&#146;s website at </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>www.citigroupam.com and (3) on the SEC&#146;s website at www.sec.gov.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>FD2246 7/05 </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2"><B>05-8792 </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;2.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>CODE OF ETHICS. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">The registrant has adopted a code of ethics that applies to the registrant&#146;s principal executive officer, principal financial officer, principal
accounting officer or controller. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;3.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>AUDIT COMMITTEE FINANCIAL EXPERT. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">The Board of Directors of the registrant has determined that William R. Hutchinson, a member of the Board&#146;s Audit Committee, possesses the technical
attributes identified in Instruction 2(b) of Item 3 to Form N-CSR to qualify as an &#147;audit committee financial expert,&#148; and has designated Mr. Hutchinson as the Audit Committee&#146;s financial expert. Mr. Hutchinson is an
&#147;independent&#148; Director pursuant to paragraph (a)(2) of Item 3 to Form N-CSR. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;4.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>PRINCIPAL ACCOUNTANT FEES AND SERVICES. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>Audit Fees</U>. The aggregate fees billed in the last two fiscal years ending May 31, 2004 and May 31, 2005 (the &#147;Reporting Periods&#148;) for professional services rendered
by the Registrant&#146;s principal accountant (the &#147;Auditor&#148;) for the audit of the Registrant&#146;s annual financial statements, or services that are normally provided by the Auditor in connection with the statutory and regulatory filings
or engagements for the Reporting Periods, were $34,250 in 2004 and $34,250 in 2005. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>Audit-Related Fees</U>. The aggregate fees billed in the Reporting Periods for assurance and related services by the Auditor that are reasonably related to the performance of the
audit of the Registrant&#146;s financial statements and are not reported under paragraph (a) of this Item 4 were $10,000 in 2004 and $10,000 in 2005. These services consisted of the agreed upon procedures preformed in connection with the
calculations pursuant to the Fund&#146;s Articles Supplementary Creating and Fixing the Rights of Municipal Auction Rate Cumulative Preferred Stock for Managed Municipals Portfolio Inc. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">In addition, there were no Audit-Related Fees billed in the Reporting Period
for assurance and related services by the Auditor to the Registrant&#146;s investment adviser (not including any sub-adviser whose role is primarily portfolio management and is subcontracted with or overseen by another investment adviser), and any
entity controlling, controlled by or under common control with the investment adviser that provides ongoing services to the Managed Municipals Portfolio Inc. (&#147;service affiliates&#148;), that were reasonably related to the performance of the
annual audit of the service affiliates. Accordingly, there were no such fees that required pre-approval by the Audit Committee for the Reporting Periods (prior to May 6, 2003 services provided by the Auditor were not required to be pre-approved).
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>Tax Fees</U>. The aggregate fees billed in the Reporting Periods for professional services rendered by the Auditor for tax compliance, tax advice and tax planning (&#147;Tax
Services&#148;) were $2,100 in 2004 and $2,100 in 2005. These services consisted of (i) review or preparation of U.S. federal, state, local and excise tax returns; (ii) U.S. federal, state and local tax planning, advice and assistance regarding
statutory, regulatory or administrative developments, and (iii) tax advice regarding tax qualification matters and/or treatment of various financial instruments held or proposed to be acquired or held. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">There were no fees billed for tax services by the Auditors to service
affiliates during the Reporting Periods that required pre-approval by the Audit Committee. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U>All Other Fees</U>. There were no other fees billed in the Reporting Periods for products and services provided by the Auditor, other than the services reported in paragraphs (a)
through (c) of this Item for the Managed Municipals Portfolio Inc. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT
FACE="Times New Roman" SIZE="2">All Other Fees. There were no other non-audit services rendered by the Auditor to Smith Barney Fund Management LLC (&#147;SBFM&#148;), and any entity controlling, controlled by or under common control with SBFM that
provided ongoing services to Managed Municipals Portfolio Inc. requiring pre-approval by the Audit Committee in the Reporting Period. </FONT></P>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Audit Committee&#146;s pre&#150;approval policies and procedures described in paragraph (c) (7) of Rule 2-01 of Regulation S-X. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">(1) The Charter for the Audit Committee (the &#147;Committee&#148;) of the
Board of each registered investment company (the &#147;Fund&#148;) advised by Smith Barney Fund Management LLC or Salomon Brothers Asset Management Inc. or one of their affiliates (each, an &#147;Adviser&#148;) requires that the Committee shall
approve (a) all audit and permissible non-audit services to be provided to the Fund and (b) all permissible non-audit services to be provided by the Fund&#146;s independent auditors to the Adviser and any Covered Service Providers if the engagement
relates directly to the operations and financial reporting of the Fund. The Committee may implement policies and procedures by which such services are approved other than by the full Committee. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">The Committee shall not approve non-audit services that the Committee
believes may impair the independence of the auditors. As of the date of the approval of this Audit Committee Charter, permissible non-audit services include any professional services (including tax services), that are not prohibited services as
described below, provided to the Fund by the independent auditors, other than those provided to the Fund in connection with an audit or a review of the financial statements of the Fund. Permissible non-audit services may not include: (i) bookkeeping
or other services related to the accounting records or financial statements of the Fund; (ii) financial information systems design and implementation; (iii) appraisal or valuation services, fairness opinions or contribution-in-kind reports; (iv)
actuarial services; (v) internal audit outsourcing services; (vi) management functions or human resources; (vii) broker or dealer, investment adviser or investment banking services; (viii) legal services and expert services unrelated to the audit;
and (ix) any other service the Public Company Accounting Oversight Board determines, by regulation, is impermissible. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">Pre-approval by the Committee of any permissible non-audit services is not required so long as: (i) the aggregate amount of all such permissible non-audit
services provided to the Fund, the Adviser and any service providers controlling, controlled by or under common control with the Adviser that provide ongoing services to the Fund (&#147;Covered Service Providers&#148;) constitutes not more than 5%
of the total amount of revenues paid to the independent auditors during the fiscal year in which the permissible non-audit services are provided to (a) the Fund, (b) the Adviser and (c) any entity controlling, controlled by or under common control
with the Adviser that provides ongoing services to the Fund during the fiscal year in which the services are provided that would have to be approved by the Committee; (ii) the permissible non-audit services were not recognized by the Fund at the
time of the engagement to be non-audit services; and (iii) such services are promptly brought to the attention of the Committee and approved by the Committee (or its delegate(s)) prior to the completion of the audit. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">(2) For the Managed Municipals Portfolio Inc., the percentage of fees that
were approved by the audit committee, with respect to: Audit-Related Fees were 100% and 100% for 2004 and 2005; Tax Fees were 100% and 100% for 2004 and 2005; and Other Fees were 100% and 100% for 2004 and 2005. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">f)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">N/A </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">g)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Non-audit fees billed by the Auditor for services rendered to Managed Municipals Portfolio Inc. and CAM and any entity controlling, controlled by, or under common control with CAM
that provides ongoing services to Managed Municipals Portfolio Inc. during the reporting period were $0 in 2005 for fees related to the transfer agent matter as fully described in the notes the financial statements titled &#147;additional
information&#148; and $75,000 for 2004. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">h)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Yes. The Managed Municipals Portfolio Inc.&#146;s Audit Committee has considered whether the provision of non-audit services that were rendered to Service Affiliates which were not
pre-approved (not requiring pre-approval) is compatible with maintaining the Accountant&#146;s independence. All services provided by the Auditor to the Managed Municipals Portfolio Inc. or to Service Affiliates, which were required to be
pre-approved, were pre-approved as required. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;5.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>AUDIT COMMITTEE OF LISTED REGISTRANTS. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Registrant has a separately-designated standing Audit Committee established in accordance with <I>Section 3(a)58(A) of the Exchange Act</I>. The Audit Committee consists of the
following Board members: </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">Dwight B. Crane
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">Paolo M. Cucchi </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">Robert A.
Frankel </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">Paul Hardin </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">William
R. Hutchinson </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%"><FONT FACE="Times New Roman" SIZE="2">George Pavia </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Not applicable </FONT></TD></TR></TABLE>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;6.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>SCHEDULE OF INVESTMENTS. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">Not Applicable. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;7.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES. </B></FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">The Board of Directors of the Fund has delegated the authority to develop
policies and procedures relating to proxy voting to the Manager. The Manager is part of Citigroup Asset Management (&#147;CAM&#148;), a group of investment adviser affiliates of Citigroup, Inc. (&#147;Citigroup&#148;). Along with the other
investment advisers that comprise CAM, the Manager has adopted a set of proxy voting policies and procedures (the &#147;Policies&#148;) to ensure that the Manager votes proxies relating to equity securities in the best interest of clients.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">In voting proxies, the Manager is guided by general fiduciary
principles and seeks to act prudently and solely in the best interest of clients. The Manager attempts to consider all factors that could affect the value of the investment and will vote proxies in the manner that it believes will be consistent with
efforts to maximize shareholder values. The Manager may utilize an external service provider to provide it with information and/or a recommendation with regard to proxy votes. However, such recommendations do not relieve the Manager of its
responsibility for the proxy vote. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">In the case of a proxy
issue for which there is a stated position in the Policies, CAM generally votes in accordance with such stated position. In the case of a proxy issue for which there is a list of factors set forth in the Policies that CAM considers in voting on such
issue, CAM votes on a case-by-case basis in accordance with the general principles set forth above and considering such enumerated factors. In the case of a proxy issue for which there is no stated position or list of factors that CAM considers in
voting on such issue, CAM votes on a case-by-case basis in accordance with the general principles set forth above. Issues for which there is a stated position set forth in the Policies or for which there is a list of factors set forth in the
Policies that CAM considers in voting on such issues fall into a variety of categories, including election of directors, ratification of auditors, proxy and tender offer defenses, capital structure issues, executive and director compensation,
mergers and corporate restructurings, and social and environmental issues. The stated position on an issue set forth in the Policies can always be superseded, subject to the duty to act solely in the best interest of the beneficial owners of
accounts, by the investment management professionals responsible for the account whose shares are being voted. Issues applicable to a particular industry may cause CAM to abandon a policy that would have otherwise applied to issuers generally. As a
result of the independent investment advisory services provided by distinct CAM business units, there may be occasions when different business units or different portfolio managers within the same business unit vote differently on the same issue.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">In furtherance of the Manager&#146;s goal to vote proxies in
the best interest of clients, the Manager follows procedures designed to identify and address material conflicts that may arise between the Manager&#146;s interests and those of its clients before voting proxies on behalf of such clients. To seek to
identify conflicts of interest, CAM periodically notifies CAM employees (including employees of the Manager) in writing that they are under an obligation (i) to be aware of the potential for conflicts of interest with respect to voting proxies on
behalf of client accounts both as a result of their personal relationships and due to special circumstances that may arise during the conduct of CAM&#146;s and the Manager&#146;s business, and (ii) to bring conflicts of interest of which they become
aware to the attention of compliance personnel. The Manager also maintains and considers a list of significant relationships that could present a conflict of interest for the Manager in voting proxies. The Manager is also sensitive to the fact that
a significant, publicized relationship between an issuer and a non-CAM affiliate might appear to the public to influence the manner in which the Manager decides to vote a proxy with respect to such issuer. Absent special circumstances or a
significant, publicized non-CAM affiliate relationship that CAM or the Manager for prudential reasons treats as a potential conflict of interest because such relationship might appear to the public to influence the manner in which the Manager
decides to vote a proxy, the Manager generally takes the position that non-CAM relationships between Citigroup and an issuer (e.g. investment banking or banking) do not present a conflict of interest for the Manager in voting proxies with respect to
such issuer. Such position is based on the fact that the Manager is operated as an </FONT>
</P>



<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%">
<FONT FACE="Times New Roman" SIZE="2">independent business unit from other Citigroup business units as well as on the existence of information barriers between the Manager and certain other
Citigroup business units. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">CAM maintains a Proxy Voting
Committee, of which the Manager personnel are members, to review and address conflicts of interest brought to its attention by compliance personnel. A proxy issue that will be voted in accordance with a stated position on an issue or in accordance
with the recommendation of an independent third party is not brought to the attention of the Proxy Voting Committee for a conflict of interest review because the Manager&#146;s position is that to the extent a conflict of interest issue exists, it
is resolved by voting in accordance with a pre-determined policy or in accordance with the recommendation of an independent third party. With respect to a conflict of interest brought to its attention, the Proxy Voting Committee first determines
whether such conflict of interest is material. A conflict of interest is considered material to the extent that it is determined that such conflict is likely to influence, or appear to influence, the Manager&#146;s decision-making in voting proxies.
If it is determined by the Proxy Voting Committee that a conflict of interest is not material, the Manager may vote proxies notwithstanding the existence of the conflict. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">If it is determined by the Proxy Voting Committee that a conflict of interest is material, the Proxy Voting Committee is
responsible for determining an appropriate method to resolve such conflict of interest before the proxy affected by the conflict of interest is voted. Such determination is based on the particular facts and circumstances, including the importance of
the proxy issue and the nature of the conflict of interest. Methods of resolving a material conflict of interest may include, but are not limited to, disclosing the conflict to clients and obtaining their consent before voting, or suggesting to
clients that they engage another party to vote the proxy on their behalf. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;8.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>[RESERVED] </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;9.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS. </B></FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">NONE </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;10.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">Not applicable. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;11.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>CONTROLS AND PROCEDURES. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s principal executive officer and principal financial officer have concluded that the registrant&#146;s disclosure controls and procedures (as defined in Rule
30a- 3(c) under the Investment Company Act of 1940, as amended (the &#147;1940 Act&#148;)) are effective as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation
of the disclosure controls and procedures required by Rule 30a-3(b) under the 1940 Act and 15d-15(b) under the Securities Exchange Act of 1934. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There were no changes in the registrant&#146;s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant&#146;s
last fiscal half-year (the registrant&#146;s second fiscal half-year in the case of an annual report) that have materially affected, or are likely to materially affect the registrant&#146;s internal control over financial reporting.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 </FONT></P>


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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>ITEM&nbsp;12.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>EXHIBITS. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Code of Ethics attached hereto. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Exhibit 99.CODE ETH </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Attached hereto. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="77%"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;99.CERT</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certifications pursuant to section 302 of the Sarbanes-Oxley Act of 2002</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT FACE="Times New Roman" SIZE="2">Exhibit&nbsp;99.906CERT</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002</FONT></TD></TR>
</TABLE>



<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">SIGNATURES </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">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, there unto duly authorized. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>Managed Municipals Portfolio Inc.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;R. J<SMALL>AY</SMALL>
G<SMALL>ERKEN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>R. Jay Gerken</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Chief Executive Officer of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Managed Municipals Portfolio Inc.</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">Date:
August 8, 2005 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Pursuant to the requirements of the Securities 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. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;R. J<SMALL>AY</SMALL>
G<SMALL>ERKEN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(R. Jay Gerken)</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Chief Executive Officer of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Managed Municipals Portfolio Inc.</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">Date:
August 8, 2005 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="7%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;K<SMALL>APREL</SMALL>
O<SMALL>ZSOLAK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Kaprel Ozsolak</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Chief Financial Officer of</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Managed Municipals Portfolio Inc.</B></FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">Date:
August 8, 2005<B></B> </FONT></P>


</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE ETH
<SEQUENCE>2
<FILENAME>dex99codeeth.htm
<DESCRIPTION>CODE OF ETHICS
<TEXT>
<HTML><HEAD>
<TITLE>CODE OF ETHICS</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>EX 99.CODE ETH </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SARBANES-OXLEY ACT CODE OF ETHICS </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><B>FOR PRINCIPAL EXECUTIVE AND </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SENIOR FINANCIAL OFFICERS OF CAM/U.S. REGISTERED INVESTMENT COMPANIES </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>I.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Covered Officers/Purpose of the Code </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">This code of ethics (the &#147;Code&#148;) for Citigroup Asset Management&#146;s (&#147;CAM&#146;s&#148;) U. S. registered proprietary investment
companies (collectively, &#147;Funds&#148; and each a, &#147;Company&#148;) applies to each Company&#146;s Chief Executive Officer, Chief Administrative Officer, Chief Financial Officer and Controller (the &#147;Covered Officers&#148;) for the
purpose of promoting: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships; </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">full, fair, accurate, timely and understandable disclosure in reports and documents that the Company files with, or submits to, the Securities and Exchange Commission
(&#147;SEC&#148;) and in other public communications made by the Company; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">compliance with applicable laws and governmental rules and regulations; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">the prompt internal reporting of violations of the Code to an appropriate person or persons identified in the Code; and </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">accountability for adherence to the Code. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Each Covered Officer should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to actual as well as
apparent conflicts of interest. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>II.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Administration of Code </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Regional Director of CAM Compliance, North America (&#147;Compliance Officer&#148;) is responsible for administration of this Code, including granting
pre-approvals (see Section III below) and waivers (as described in Section VI below), applying this Code in specific situations in which questions are presented under it and interpreting this Code in any particular situation. </FONT></P>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>III.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Covered Officers Should Ethically Handle Actual and Apparent Conflicts of Interest </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B>Overview.</B> A &#147;conflict of interest&#148; occurs when a Covered Officer&#146;s private interest interferes with
the interests of, or his service to, the Company. For example, a conflict of interest would arise if a Covered Officer, or a member of his family, receives improper personal benefits as a result of his position with the Company. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Certain conflicts of interest arise out of the relationships between Covered
Officers and the Company and already are subject to conflict of interest provisions in the Investment Company Act of 1940 (&#147;Investment Company Act&#148;) and the Investment Advisers Act of 1940 (&#147;Investment Advisers Act&#148;). For
example, Covered Officers may not individually engage in certain transactions (such as the purchase or sale of securities or other property) with the Company because of their status as &#147;affiliated persons&#148; of the Company. The compliance
programs and procedures of the Company and its investment adviser are designed to prevent, or identify and correct, violations of these provisions. This Code does not, and is not intended to, repeat or replace these programs and procedures, and such
conflicts fall outside of the parameters of this Code (see Section VII below). </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">Although typically not presenting an opportunity for improper personal benefit, conflicts arise from, or as a result of, the contractual relationship between a Company and the investment adviser of which the Covered
Officers are also officers or employees. As a result, this Code recognizes that the Covered Officers will, in the normal course of their duties (whether formally for a Company or for the adviser, or for both), be involved in establishing policies
and implementing decisions that will have different effects on the adviser and a Company. The participation of the Covered Officers in such activities is inherent in the contractual relationship between the Company and the adviser and is consistent
with the performance by the Covered Officers of their duties as officers of a Company. Thus, if performed in conformity with the provisions of the Investment Company Act and the Investment Advisers Act, such activities will be deemed to have been
handled ethically. In addition, it is recognized by the Funds&#146; Boards of Directors\Trustees (&#147;Boards&#148;) that the Covered Officers may also be officers or employees of one or more other investment companies covered by this or other
codes. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Other conflicts of interest are covered by the Code,
even if such conflicts of interest are not subject to provisions in the Investment Company Act and the Investment Advisers Act. The following list provides examples of conflicts of interest under the Code, but Covered Officers should keep in mind
that these examples are not exhaustive. The overarching principle is that the personal interest of a Covered Officer should not be placed improperly before the interest of the Company. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; * </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Each Covered Officer must: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">not use his personal influence or personal relationships improperly to influence investment decisions or financial reporting ( e.g. through fraudulent accounting
</FONT>
</P></TD></TR></TABLE>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="7%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:0%">
<FONT FACE="Times New Roman" SIZE="2">practices) by the Company whereby the Covered Officer</FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>1</SUP></FONT><FONT
FACE="Times New Roman" SIZE="2" COLOR="#000000"> would benefit personally to the detriment of the Company; or </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">not cause the Company to take action, or fail to take action, for the individual personal benefit of the Covered Officer rather than for the benefit of the Company; and
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">not use material non-public knowledge of portfolio transactions made or contemplated for the Company to trade personally or cause others to trade personally in contemplation of the
market affect of such transactions. </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">There are some potential conflict of interest situations that should always be discussed with the Compliance Officer, if material. Examples are as follows: </FONT></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(1) service as a director on the board of any public or
private company; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(2) any ownership interest
in, or any consulting or employment relationship with, any of the Company&#146;s service providers, other than its investment adviser, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(3) a direct or indirect financial interest in commissions, transaction charges or spreads paid by the Company for effecting portfolio
transactions or for selling or redeeming shares other than an interest arising from the Covered Officer&#146;s employment, such as compensation or equity ownership; and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:8%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(4) the receipt of any gifts or the conveyance of any value (including entertainment ) from any company with
which the Company has current or prospective business dealings, except: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">(a) any non-cash gifts of nominal value (nominal value is less than $100); and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">(b) customary and reasonable meals and entertainment at which the giver is present, such as the occasional business meal or sporting
event. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>IV.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Disclosure and Compliance </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Each Covered Officer: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">should be familiar with his or her responsibilities in connection with the disclosure requirements generally applicable to the Company; </FONT></TD></TR></TABLE><HR WIDTH="10%"
SIZE="1" NOSHADE COLOR="#000000" ALIGN="left">
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>1</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">Any activity or relationship that would present a conflict for a Covered Officer would also present a conflict for the Covered Officer if a member of a Covered
Officer&#146;s family (spouse, minor children and any account over which a Covered Officer is deemed to have beneficial interest) engages in such an activity or has such a relationship. </FONT></TD></TR></TABLE>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">should not knowingly misrepresent, or knowingly cause others to misrepresent, facts about the Company to others, whether within or outside the Company, including to the
Company&#146;s directors and auditors, and to governmental regulators and self-regulatory organizations; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">should, to the extent appropriate within his or her area of responsibility, consult with other officers and employees of the Funds and the investment adviser with the goal of
promoting full, fair, accurate, timely and understandable disclosure in the reports and documents the Funds file with, or submit to, the SEC and in other public communications made by the Funds; and </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">is responsible to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>V.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Reporting and Accountability </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Each Covered Officer must: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">upon adoption of the Code (or thereafter as applicable, upon becoming a Covered Officer), affirm in writing to the Board that the Covered Officer has received, read, and understands
the Code; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">annually thereafter affirm to the Board that he or she has complied with the requirements of the Code; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">annually disclose affiliations and other relationships related to conflicts of interest; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">not retaliate against any other Covered Officer or any employee of the Funds or their affiliated persons for reports of potential violations that are made in good faith; and
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">notify the Compliance Officer promptly if he knows of any violation of this Code (failure to do so is itself a violation of this Code). </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">In rendering decisions and interpretations and in conducting investigations
of potential violations under the Code, the Compliance Officer may, at his discretion, consult with such persons as he determines to be appropriate, including, but not limited to, a senior legal officer of the Company or its investment adviser or
its affiliates, independent auditors or other consultants, subject to any requirement to seek pre-approval from the Company&#146;s audit committee for the retention of independent auditors to perform permissible non-audit services. The Funds will
follow these procedures in investigating and enforcing the Code: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">the Compliance Officer will take all appropriate action to investigate any potential violation of which he becomes aware; </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">if, after investigation the Compliance Officer believes that no violation has occurred, the Compliance Officer is not required to take any further action; </FONT></TD></TR></TABLE>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">any matter that the Compliance Officer believes is a violation will be reported to the Directors of the Fund who are not &#147;interested persons&#148; as defined in the Investment
Company Act the (&#147;Non-interested Directors&#148;) </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">if the Non-interested Directors of the Board concur that a violation has occurred, it will consider appropriate action, which may include review of, and appropriate modifications
to, applicable policies and procedures; notification to appropriate personnel of the investment adviser or its board; or a recommendation to dismiss the Covered Officer; and </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">any changes to or waivers of this Code will, to the extent required, be disclosed as provided by SEC rules </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Compliance Officer shall submit an annual report to the Board describing
any waivers granted. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>VI.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Waivers<FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>2</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"> </FONT></B></FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">A Covered Officer may request a waiver of any of the provisions of the Code
by submitting a written request for such waiver to the Compliance Officer, setting forth the basis of such request and explaining how the waiver would be consistent with the standards of conduct described herein. The Compliance Officer shall review
such request and make a determination thereon in writing, which shall be binding. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT
FACE="Times New Roman" SIZE="2">In determining whether to waive any provisions of this Code, the Compliance Officer shall consider whether the proposed waiver is consistent with honest and ethical conduct and other purposes of this Code. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>VII.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Other Policies and Procedures </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2"><B></B>This Code shall be the sole code of ethics adopted by the Funds for purposes of Section 406 of the Sarbanes-Oxley Act and the rules and forms
applicable to registered investment companies thereunder. Insofar as other policies or procedures of the Funds, the Funds&#146; investment advisers, principal underwriters, or other service providers govern or purport to govern the behavior or
activities of the Covered Officers who are subject to this Code, they are superseded by this Code to the extent that they overlap or conflict with the provisions of this Code. The codes of ethics of the funds and the investment advisers and
principal underwriters under Rule 17j-1 of the Investment Company Act and the Citigroup Code of Conduct and Citigroup Statement of Business Practices as well as other policies of the Fund&#146;s investment advisers or their affiliates are separate
requirements applying to the Covered Officers and others, and are not part of this Code. </FONT></P><HR WIDTH="10%" SIZE="1" NOSHADE COLOR="#000000" ALIGN="left">
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="Times New Roman" SIZE="1" COLOR="#000000"><SUP>2</SUP></FONT><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2" COLOR="#000000">For purposes of this Code, Item 2 of Form N-CSR defines &#147;waiver&#148; as &#147;the approval by a Company of a material departure from a provision of the
Code&#148; and includes an &#147;implicit waiver,&#148; which means a Company&#146;s failure to take action within a reasonable period of time regarding a material departure from a provision of the Code that has been made known to an executive
officer of the Company. </FONT></TD></TR></TABLE>



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

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>VIII.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>&nbsp;Amendments </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Any amendments to this Code, other than amendments to Exhibits A, B and C must be approved or ratified by a majority vote of the Board, including a
majority of Non-interested Directors. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>IX.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Confidentiality </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">All reports and records prepared or maintained pursuant to this Code will be considered confidential and shall be maintained and protected accordingly.
Except as otherwise required by law or this Code, such matters shall not be disclosed to anyone other than the appropriate Board and Company and their respective counsel, counsel to the non-Interested Directors or independent auditors or other
consultants referred to in Section V above.<B></B> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>X.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Internal Use </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The Code is intended solely for the internal use by the Funds and does not constitute an admission, by or on behalf of any Company, as to any fact,
circumstance, or legal conclusion. </FONT></P>


</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>3
<FILENAME>dex99cert.htm
<DESCRIPTION>CERTIFICATION PURSUANT TO SECTION 302
<TEXT>
<HTML><HEAD>
<TITLE>CERTIFICATION PURSUANT TO SECTION 302</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">CERTIFICATIONS PURSUANT TO SECTION 302 </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">EX-99.CERT<U></U> </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>CERTIFICATION </U></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">I, R. Jay Gerken, certify that: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">I have reviewed this report on Form N-CSR of Managed Municipals Portfolio Inc.; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="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; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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; </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the
Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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 consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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; </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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 days prior to the filing date of this report based on such evaluation; and </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal half-year (the
registrant&#146;s second fiscal half-year in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers 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 the equivalent functions): </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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 </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="43%"></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Date: August 8, 2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2"><B></B>/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;R. J<SMALL>AY</SMALL>
G<SMALL>ERKEN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>R. Jay Gerken</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Chief Executive Officer</B></FONT></P></TD></TR>
</TABLE>



<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">CERTIFICATIONS PURSUANT TO SECTION 906 </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">EX-99.906CERT </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>CERTIFICATION </U></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">I, Kaprel Ozsolak, certify that: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">I have reviewed this report on Form N-CSR of Managed Municipals Portfolio Inc.; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="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; </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Based on my knowledge, the financial information included in this report, and the financial statements on which the financial information is based, 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;
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the
Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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 consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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; </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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 days prior to the filing date of this report based on such evaluation; and </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal half-year (the
registrant&#146;s second fiscal half-year in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </FONT></TD></TR></TABLE> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers 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 the equivalent functions): </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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 </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">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.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="43%"></TD></TR>
<TR>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Date: August 8, 2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2"><B></B>/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;K<SMALL>APREL</SMALL>
O<SMALL>ZSOLAK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Kaprel Ozsolak</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="1"><B>Chief Financial Officer</B></FONT></P></TD></TR>
</TABLE>


</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906CERT
<SEQUENCE>4
<FILENAME>dex99906cert.htm
<DESCRIPTION>CERTIFICATION PURSUANT TO SECTION 906
<TEXT>
<HTML><HEAD>
<TITLE>CERTIFICATION PURSUANT TO SECTION 906</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">CERTIFICATIONS PURSUANT TO SECTION 906 </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%; text-indent:-2%"><FONT FACE="Times New Roman" SIZE="2">EX-99.906CERT </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>CERTIFICATION </U></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>R. Jay Gerken</B>, Chief Executive Officer, and <B>Kaprel Ozsolak, </B>Chief Financial Officer of Managed Municipals Portfolio Inc. (the &#147;Registrant&#148;), each
certify to the best of his or her knowledge that: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">1. The
Registrant&#146;s periodic report on Form N-CSR for the period ended May 31, 2005 (the &#147;Form N-CSR&#148;) fully complies with the requirements of section 15(d) of the Securities Exchange Act of 1934, as amended; and </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">2. The information contained in the Form N-CSR fairly presents, in all
material respects, the financial condition and results of operations of the Registrant. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chief Executive Officer</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Managed Municipals Portfolio Inc.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Chief Financial Officer</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Managed Municipals Portfolio Inc.</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;R. J<SMALL>AY</SMALL>
G<SMALL>ERKEN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;K<SMALL>APREL</SMALL>
O<SMALL>ZSOLAK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>R. Jay Gerken</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Kaprel Ozsolak</B></FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Date: August 8, 2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Date: August 8, 2005</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This certification is being furnished
to the Securities and Exchange Commission solely pursuant to 18 U.S.C. &#167; 1350 and is not being filed as part of the Form N-CSR with the Commission. </FONT></P>


</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g23759g03w98.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g03w98.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````,@``_^X`#D%D
M;V)E`&3``````?_;`(0`"`8&!@8&"`8&"`P(!P@,#@H("`H.$`T-#@T-$!$,
M#@T-#@P1#Q(3%!,2#Q@8&AH8&",B(B(C)R<G)R<G)R<G)P$)"`@)"@D+"0D+
M#@L-"PX1#@X.#A$3#0T.#0T3&!$/#P\/$1@6%Q04%!<6&AH8&!H:(2$@(2$G
M)R<G)R<G)R<G_\``$0@`+@!L`P$B``(1`0,1`?_$`&@``0`#`0$`````````
M```````%!@<$`P$!`````````````````````!```@(!!`("`0,"!P``````
M`@,!!`4`$1(&$Q0A(C$R%0="(T%A<3,T)181`0````````````````````#_
MV@`,`P$``A$#$0`_`-_TU6^P/1;S>%ZQ;:"ZN2"W:LI,HB+@4Q4/H<?K)"<V
M8:<1/V!1`0D!ELLXS#=6!&6QZSQ6.IF47*&-6A-1D6S0@[=U?`8XUH`6$V"&
M0`2WF1WB0LFFFJWW+M%3KE*L@C,LGEK"J&,J5R4-IC'L!)LK^P))Y)%G/=O]
MOEQ$ICE&@E,MF*N'6B7@USKC?6I5:ZR8USY6;A4.WT#<%%,FPA`8C<B&/G7G
MA<U&9BZ)4K&/L8^Q%2S6MRF3@Y2FT,P55UA<C*[`_P!6H/'VK6<JW^TX!^/O
M99BHI8VL=D75*0P7E('OI^Q_>/F+'BJ>)<5A$S`0TNP!QW\?=7MV\AD;M^K0
M!EJQ<R5GV+39_I4!N(`Y%]5K`>,26W]4S,A(9+*O0\<=BJX7LJ80Z4,;*4J3
MO(^:RX5NE8G(R*X@"(RB=HXBP@8K-HR5F_CBX*R>)-*LC6!D,@#?75:$EEL!
MDJ?)(B9`'*1+X^-5/^)L?:9@V]PRU]64S?9_#:N7$0(@*D+A"*TBKBOFF(*#
MX@,P4R,[\=]2F$S6`Y]F[`<ABZZ\F5&_:M7!E1MI`JEYS43256(BCQQ'U(Q@
M"G]0Z"V::YZ%KWJ-:]X&UO94MWK60\;E^08/QN#>>)COL4;_`!.O/%97'9S'
M5\MB;`6J-H/(AZ_P4?B8F)VD2&8F"&8WB?B?G0=FFFH?K_9\/VA=Y^$=[-:A
M;.B=D=O$QJUK:9)*)^X1Y>/+\3,3MN.TR$QIJ+S^?QW6\<61R)',28IK5DCY
M+%FPSX56K*CY8UD_`C'^L[1$S$IH(?LF!_?Z*TIN-QV0J-BWC,BB=SKV0$EB
M<KF>#0D&$!K/X(2F/C\Q!Y3*]MQV`S09FA7=877:&-OXUS%KLM:-D:ZRKDU=
MI#2,$*@4M81,:/`OS(W36=YVW2[;V3K>.1-B:N/S%HVKFLP8)V(`&S>38_3"
MD69],N<<3EI\?L('`6SK-7.5<7$]E>I^9>UKKA53858>1S"5UQ=`R``D0';:
M-YB2GD1$10=/J$9G/YK/=RQU*Z#S73PM&RE-J:U.F38AOE(/U6C:39'YD8D8
MDIVV&Z::#S2A%8)774"0(S9(+&!B3:<M8<P.WV,RDBG_`!F=]4O^0>KYCNW[
M?UH2]/KQM&WELBI\PXA1RB*45I7Q+R$8&)R4B,A,R.\#!7C3097U3`Y_"=7I
M==ZA5/%Y/@L,_E\JHI0M\\YM>HB#7[%A1NCQ-\<I8L!$FEP';S[E7S-BUU;%
M]$IJR77L!;BCF$^6O8KCN(8STK/+V;,>.LYHN_M%Q`^4[S'UUC308GW'J7\C
M9Q%G"6,32R&**O#L-4JV%U:&*>F')6I>P(M6F^N(P$EP2)LGD'`8XVCK/\48
MJECL2':R#.W,77\%:LP`''5I/G+?!4`%@PCY_=KQ(S(8/ZS\1HFF@H>,_CY]
M;K9X%ENO2C*A9'/ECZ\[R%HV.&GC3LL8%>NGSF$#*BW@B(86926NC%8'N..P
M%?`8]^'P05:_B6^E6L6XYL'D1*38<GQDHYG[L-WFG[E`?(S=--!!XWKD).A>
MS=L\YF:`-&OD[*DJE4V`4%B$*K+6`"?B^-^1Q$R/.8F=3FFF@K?:<VBH:.OG
M["3S%>V1Y-#(0NC5K`'M7&V9@_"2P=NHN$C+.,3([\M.J.MY1$9>W1.E5$/6
MPU;():&537&`"Q[S;#6D1.<F"B(_(B!$1%/U[,Q_Y7WL7^__`+?^X>7_`*;W
MO#YO-R7_`,/S??GSX?[?SOQ_RU,:!IIIH&FFF@::::!IIIH&FFF@::::#__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g23759g13u60.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g13u60.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0]*4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@``````````````I0```'D````&`&<`,0`S
M`'4`-@`P`````0`````````````````````````!``````````````!Y````
MI0`````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````#*X````!````4@```'``
M``#X``!L@```#)(`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"`!P`%(#`2(``A$!`Q$!_]T`!``&_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P#)Q,2CT*"ZFO6NLD^FP\L;_)5QW3\6/4-%.X=Q6R#_`%AM3TM`P,:U
MC=TTU>V8D[&(/VBYT.DP#,<$?,)*3,KPS^C=C4:<'TJY_P"H5VCIN#947C'H
MVL$N)JK``_>>XM]K5GN=31CV95[MF/4W<]_<?NM;^\][O96N.ZKUK-ZI9L>X
MU8P/Z/&:26@#\ZQK?YVW^6DI[=F;]4:KMMF1@AXTT8QP_P`]M3ZT=N9]5;SM
MIMZ>YW;VU-GX>I6S<O,VM]T;)C_6=JNXFPD-^F8X>UOM/S'N_L_I$E/IE73\
M"ZOU*L7'M8.7,JJ<T?%S&.0W=.PMVF+0!_Q-?_D%P=KBXNNJ(IRZ1`OQR6=G
M/<X.I958RQG^$;92Q_\`I/\`2K9Z+]>76AF)U<CU(_19P`;)CZ&56WV_]>9_
MUVO_``B2GHW=/P&Z?9J"3J!Z-?\`Y!`LPL2''[+1/;]%7_Y!"N8Z^'-=J-6D
M>![R%8Q?5%;A9K'!/*2G!]"C_N/5_P`L;?YMG'^C^C_-_P`A)6M@_P#AY"22
MG__0>FIK<#$>SAU%(?W_`,&S4?VE5?B.K<X'O]'S"OX=1&#CMB6FBD@>$UL1
M;/1L:UMC=SA[>>$E/$_6[)M)Q,`NVUL:;W-\7./IUEW]1C'[%CX6,,DBML%Q
M@3K(D^86G]<J"SKI$1--1D_`L_[XI?5JNMM_J6%IUD#OY?U4E.AC_4ZG).WU
M;*W#L&MB?A`:K)_Q?=7KW>C&72[3:2T:3^>RPM:W_K2ZKI>.UQ]4Z;N/ARNC
MQW5,:`1![<I*?/\`&^H?4X#7XI#(C8^YL-^#B'7-;_Q:MN_Q==.;BO\`M$NO
M+3`83M;_`%7O]Z]"8QE@W3\%6S*Z]A`F>QGNDI\LZ7;DX'4#T?*<76UB6%W#
MH]S=G\F^C])_(NIN71OV2=@@`Z@K,^O6`^JVCJM(FW'<QI8-"[](UU&W^5^D
MNK_Z\K7K<M&NI;)[PDIH1Y?][J2AZKO#_O;GYI)*?__1O8@!Z?B`'7T*3_X&
MQ3&-W[GA"Q7$X&(3I^KTB?\`K=:.#L+7:D`C5)3Y]];+W7==-S0[T'5ULI<^
M`"&`ML+-I=[?6]3^6M?ZOX%)Q69$:N)@-`;(!_.4>HT5Y`LQ+6-+:)=Z@TLE
M[S]#^3N]7<M?HC**G58XES`08/@/$I*=/#Z@UM@H979;8"/94V8!\3[5KU=7
MZ93:RO+M.'8^-K<IKJ@[^H][6UN_SU6MZ.3<318[&IL$FNIY82X\FRZG],S9
M_@V_S:T,?"MQ,*JMV1;>VL'US?:;S8!^9Z5TU-_XQ)3IUV5N&ZMX+7#D0?N<
MJO4,CI]#/UB^NH$P"Y[6DG^0UWN<LWI.5Z;,C%AKA6`6EO`!_=17]*N#V9&#
M8W&<UTOL:RESS6>S79-%GZ5O_&;'I*</ZR,HZA7B5TVA[:\RFQY'.UN]W?\`
M>>UK=RSK;+0X!L`"96_U;'L9C?:[B++S<*VN``/I;]U;;/2BNQ_[]C%BY3`V
M-O)/"2G'_3>(_P"6)Y'*2CL/A_WLQRDDI__2T<*O=T[%B)^STZ?];K1C631!
MY'=!PB1@XFQW_:>F8$Q^C9RK3`3&O*2GG>NXS*K[+7-`-I#J;"8U(;ZS&?O[
M]ONJ_P"N*.`YPR#L,'0_<M#ZU!K>GU`D!_JM>UA(!+8?2Y[6?2<QCK&MWK(Z
M9D`9+=WA"2GNNFV&T-#B1(1>M9%N+A@8]0MLL>UAG78P_2N]-OTT'I(G%;97
MR(F=(\7%4SU"W[6YF3BVB'17:US7,+?]*'M.]G]JK>DI70!C9&3F,&4VQU8V
MEP!;]+Z&CPW\[_"?06QB.9;CLD[7`:.:3!';VGZ*JD8`J]9U3`=K2[WMW'?Q
M+6-=9OW?39_@U/!N=:P.KH?4QY(]\3(EN[VGZ/\`+24U.MOL?6*G>X;@1'E^
M<5AW@OJ:'\M[K0ZI>3EN#1-;203XG_S%9UQ)!(X*2G(]O_P[_!)#@_\`PY22
M4__3M8!#<+$]VW]!3[O^ML3=?^L.+T/#]6P"S+M;.+C'\\_Z6W:=S,9G_@O\
MU5^_7Y_=]:^M64U4U6MQ:ZF-8!2V'0UH8'>L_?;N]OYCF+)MLMNL=;<]UEC]
M7O>2YQ/'N<[W)*>U^KV-G=<Z;U',O>;^HYEK?3L>0)]'WLH;^934^Q_I,8W]
M'7^C_P`&@T!YK%S`0ZH[;`1#@6F#(/YS/SU=_P`6>6QS<C`LX;8VUI\K&['C
M_.J79]5^K+K,K]I88!NM'ZS4-&WD:-L$^VK-V^SW_HLK_2>JDIS>D]9;7C^A
M<[:YPEO@3S_9<M;'MJ>6O+BQWEKSXK%NZ,VQIV@@`D`$$.:1S6YKMKF/8H85
MF;CO##MN:W0,<=KM/ZP+')*>J>\UUDO.QIT!(GE4[\W[/4^JDS<\0R.`.[W)
MFY.?E,%(I&^SVMDCD_U%QWUC^L>3]6_K-DX3F?;L<TX[K`YQ86V&L%S\9VU[
M65OW?S3V/_STE.X^X@"JYNH&A'Y57=4Z"WD'4*G@?7#ZN]2_176.PK>PR0&M
M)_DY#-]7_;OI+3L#:VM<#N:>'`R"/%KV^UR2G`](^'_>YM^:2-)_^'TI)*?_
MU/,FC0#R3)P2`/AREVA)3T_^+O)KK^L(Q;9C,J<QA'(LK_3U_P"=LL8O:,![
M]FU\.\#V(7SQTW/MZ;U'%ZC5J_$M9<!Q.P[G,_MM]J^B,8U.K%M!W4W`65.&
MH+'C>R/[+DE*S\3%?4_(>]M!K:7/N<0&!K1,W.=_@V?O_P"#7.X>7TW-RV48
M>31D9%DFMF_;(_>W/;[O;[_T;+/8A_XQ*/K!=@T68!8[I])+\N@B766`M^S.
ML$.;9C5.]_I?Z?\`G?\`@^+Z<;NJOJQ,,3D7W,J8'%P(<9?ZEK6^]]E+*OM6
M3:W^C5U_Z9)3Z_C8C<6HG1]Q!ET1_89_(7D/^-;%V];JR_\`2TU,=\0+?^JV
M+TSZN9_47TOZ9UG:>J836FRUFC+Z7S]GSJIV_P`YL?5D,_,R*_S/4K7#?XVJ
MI-;@/H,QW?+?G5N_\^L24^:0K6#U+J'3G;L.YU0)EU?TF._KTNFMRK!))3L_
M\[NH?]QZ/Z7]LX?_`#O[O\Y_,?R/I_\`"I+$_P#)I)*?_]7S(<#X!),"(`D<
M)Y'B/O24I>V?XM>I/ROJK@U7/%KZ#;1NG5HJ?^CI?_*KHLJV?\#Z2\2)'B/O
M7??XK.N8^);DX&5>RFLV5Y-)L<UC=?U7+;OL+?>_?B6;?^`24^B?6[,&#T')
MMW-#H#6-<8#MQVC_`#-WZ1>=_5,V49>([=Z-C,VEK[)C1[V,?4]OTMUC++&?
M:OYNRFST+/YU=1_C"ZMTR_!PL>C*H>[UW6FQEE;RP,8ZOW5[O>VUUVS_`,$_
MP:Y*IV&,=]9OJ;[2PM%K"0'?1KI?ZGZ;#=N_6G?3_P#1R4^NVXM;KJ+Q[;JM
MS6O&DL/\Y19^]4^/^W/TBX#_`!L,!PFVQ&ZID3H?;:SM_P!=6]]5OK5AYG3V
MU]0S:!EXOL<Y]K`7L=_,VSO^GM:YEO\`ZD6'_C3S>GY/1VG&RJ+G!I:6UVL<
M[Z=3OHL<7?FI*?)TDI$\C[TI!TD>6J2EI_ZI)-(\?SDDE/\`_]DX0DE-!"$`
M`````%4````!`0````\`00!D`&\`8@!E`"``4`!H`&\`=`!O`',`:`!O`'``
M```3`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P`"``-@`N`#`````!
M`#A"24T$!@``````!P`(``$``0$`_^X`#D%D;V)E`&1``````?_;`(0``0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0("`@("
M`@("`@("`P,#`P,#`P,#`P$!`0$!`0$!`0$!`@(!`@(#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#_\``$0@`I0!Y
M`P$1``(1`0,1`?_=``0`$/_$`(T```("`@,!`0$```````````@)!PH$!@,%
M"P(!``$!`````````````````````!```0,#`@0#!00&!0<-`0```0(#!!$%
M!A('`"$3"#$B%$%1,A4)88&1(W&AT206%[%2DM(S\,'Q0G)3"N%B@C149)34
M)565U2<8$0$`````````````````````_]H`#`,!``(1`Q$`/P!4.S>S6V<W
M:C:^=,VIVPF2)>W6#2Y$F=A6,O3)DB7C-K=D2)$EVW*>?D/NDJ4M2E%2E5-3
M7@"<L&P6T1@-M3ME-H;A&D]1MY:-O,15*83R\[3S5GUE2![:@BG`?0[8=G+#
M(7<6]GMM)=O-`EE_;S$GNB'/RQ4OVM:E`+-:TJ*<!(^/;9]O26WK1=-A-E7U
MJ4LM27=K\(]4TH@E*`X+$"0:4&KV?CP&VVWMF[?KG<&5,;';0\Z`QU;>86D`
M*(H2DV+22/&I'AR]W`2:SV>[%EMM:]@]H"@G2=&V>%K4%>!K_P"A@#5X@5/+
M\>`[2R=E/;[,N33CFR&T:DMK;5H&V6%DBBJU>CFRZ5(','RFO](3ROM)[:68
MK8>[>M@EKTT*F]H,`\$J10@C']52/::\!ID_M0[:&)#3C/;_`+(N-THM/\IL
M!3[ZC0,?">7X\O?P'<O]H_;6Y':?1V^;&AM&DJ4WM)@!(J!5*PFP*/.A(-.?
M`=)?.T[MK;0DP>WK9)+G-NIVGP32KVC2D6``J&H<Z$_IX#58O:7L%,D]!';W
MLHVNI`U[5X'I*0%=11)L&E-`/;S_`$5X#M5]HW;]"96F5L!L:L-FJW$[58&E
M0;\W+5\A/V>[@-6NW;5VZMT99[?MD@VHFCPVIP))2?#Q38`HA*A^'OX"+\I[
M>NW>UM,N#8O9IEU?D>__`#'"$I4D\ZH!L=!0TY^)'VTX"HY\DQO_`-BLO_QD
M+_R_`?_0#K9&Q5V2V8>E0RE+NTVW+B5D$:T+P^T$+2H*\IJJO,>[@"!QR5;L
M=8<<ENLPF%G\I4FJ0-9\Q2I0`\A'/EXG@/F^9G8ICS=N9<4IQYA3T>7$+<F`
MHH&L(<0DZTE1',D<B/'@(S1+F2IA?CI#:G5);Z::T*PDT+@4!IJ*D\O\W`2[
MC^9P,;AS,CRJ\1,>L6/V]^9>+S=93<.#;8<5"WWI$B0Z4MI;:;17F:FE`*\`
MO/N$^N]9+3"EXCVR[>OW^[QWVH2-U-Q0U;<7=Z+JD2I=AQ%ETS)L=]M(Z,BX
M2H03KU.1:)`4"D;]]3OOWRV^FXM]P6;VIQV3ZEJW8I)L.-0&BX4H2Q&8LD&)
M2,V!1#3A=!^)6L\R&[6GZDG?^9;$:^]S&?0660T5-W5%HC+4QYG8\5<Z!:52
M1(N.G0EUYO44'4VL<`;6TWU(.\Y+\=O)]V=M\IQLOLH7\^Q6TQ<EB,+<:BH?
MESWL8QL7)IMUP./*#Y?$8*?40$*2H#=/U8MRMJ'K?!S[97`-V[,_;FYS>3[4
M[NVZR04I_>GUN-W6=9,DQ>_H]"ALT2_;$H=44$A1"4@P/M3[[^V/O=9N%JVY
MRJ=C&>VA1E7#:G/$6^PYW'C(>+"[C;H,:Y3[=D5M;=HEYRW29/IE*1UDMAQH
MK`H;DN'CYEN/GTSD1HD,A:"9;?E2'`Y4\A[R>5/P`9=R-\'+,["?B6KUC*'%
M==#+PUJ9HL4<430D#P\`*#@,;&=W,>S.2S&CQ),.0\FBFG>GTVJ$:BXNHY`D
M^SGP&U9C8F9=L,AXLO+"4F/04!U)HI!.E1TGP]M?"GO"DMZ<_P"[3^*O[O`?
M_]&(>W!;=Z[9MF'U1F8LF'M+MZVTIU*5NR!%Q"S-U`552E+"#I'N/AP$5YPO
M)8=W3ZV<+M9)2WC#:<;9;2@$)20ENB0DA*J&M:?9P&N,1?2N1I<(+CMN.!.A
MM94/`!=#Y@:5\/9^/`3QC&/OW=B-/3THS$76_-G/+1%B-L,(6[)?ER9#C;##
M##*"M3BU!"$)U$@`\!7F^H5WFS=\\ONFV6V%W=@[(XK-5;ER(3ST=.YV06Y>
MJ3D<]"DLN/XY#DM:+;&<`:4$F4H+<6VE@%R6R&):B'F_4-M!M&AQ^W6P*>=;
M0IE(EWF1%ZK">FM*R`V&TI357-*5!]M_,W)++2WT-,,%],3YA)@RX4%*W4/+
M3"5<%3HP='Q`AQ"RI7(@JJH)"L0=MLIPWC%8E\CNP](?9P3'IDMU<AZ*4R(L
M^.J9%>;:CI4I"V@X'2--$A?40!98<^B1;4Q\B:RC&(4ZZI>ME@C,3-M<D<B_
M,7RXK$?GC3F*W"X6^[O(DICVMZ`\XJ.EO2Z5*:X"36\HU'*K!-O4Z_V%$>-$
MM=TS2/$VAS*RWUJ0A7[_`&6X&X8_-FQ?4.AV>RIB',;>K<%EI(C(`&<J1>L$
MW)G7K"[E>K-EF-W1-RLFXMNN"K9D,/(H3[TUJXV3(-L,ORG$H\Z6%I2B1$FN
M0P""VM"0I:@>YV3?58O^Y^/6?:ON3N+4K<.S^AQZR[A-PY#LG+K,F)'BQ)F>
M1HL53*KI%?:(GW=LT6E:9,U#:$2YO`-/5:;7?V5-NLLN^I_-35:%(T*"BE37
MGU!)3YA["/<.`PK1MM(@W5A<%(;94[YU%PH5H"ZG2KP34$@D<Z<`3%S92Q`B
MP`$H;::;5XZJ<O-52U<_.*C]'`4D^F/</[0_;P'_TL+9#!8S';!L%?8'4]8S
MLCM;<'8Z`.D\K^`['(*"A(\5D@^',^\>`:5N;C$B_6J'?H[27$MN`/QXL;0I
M!44U#C:4JHH'D:4-3P$7-8XN%!&M">HZH/IZR5'I))U%(2-:`LFM>5:#@`Z^
MHIOID^W':P_MUC3KUKNFZF5PL2E75F>;;<&L:C1)5YR&#;6T%I]]F\F/&@RE
MEQI'II2VO.'%],*Y5EM2Y,YB*F++FET.1TM07"A;LAM2$JCQI2@_'!:+[8U!
M/225)/G30.@1V";2',[G88%F9EQ9CT]:+E(<L5NGV<18RHZ8LIAM:YTV49JY
M-$"6A!D-EI8;*7`2#`K%],_-<O0%V+(K3:GE"('F!!:@-OOE2]:%-0"E@A*F
M$*Z99>!!-20*\!S9%])+N4P^UQ+I9$VC)E1BMR6UB$2=:+\VV>DH.KDQV%QK
MRUYP`DM+!5\(HI0(:7;>V:;":@8MGMBMDQ35P7%GQ6[>Q:LOB2&^GZQEUJ':
M1DR)+4I1>(?:(T)+9*`4.@"MV^[6G;4U9(,?),G8QUF2TNWVZ^XQ<+RJU%U_
M\F/!7<[A:;[8ISC4=M+DNV7R$WTD"C.M!5P!1X/](B1OK?8\BUXQNA8X<N*I
MV7E.<3\/$"<ICU4ASY7;&;GN3>C`%T+>A;C\.4RTI;JVEJ4AM0?/=S]$%&TV
MW7\6[<WZ2K<*Q2H5X@O!=HBPA<H*`^J$VBPXOC,:&U=7D4ZZTDL+;0LC2E39
M"%>T#N"N+MPL^W607GJ2[O;;HO&XDZ&Y;7\7R7$VG(6:;;W"(7G'F'TMVY=U
MBI5TRTOUC24]!$1:P>MC3..WO%;/>?\`"F+CN(E,*<)_.:J-0"@5464DUYT'
M`==+#:FG`M0T*;<2@FJZA"EA)22345`_5X4X"DMJ']8_@/[O`?_3[/M6R"4Y
MVZ;'6.8I#KHV7VL,%0;-7(RL%L/Y+A*D^=`Y#V$#[>`F+&,8B.7"ZP[C%4(T
M@*>9+?BFJCJTMI4.8U5H>?`1#ENV61P)\UR+;!)M>M:V'M5"J.XM?3*D5*D/
M?CR'W`*\7UEKY>8.XFQ.'M?N=EM6"W?*XXH$OR,DO%\<L\N4X%+HI5MMN/Q?
M3J4D=-3[IJ2K@$[Q!(>*7'Y,A90E3*B[*(4B,HJE2.;GQ!]Z6M2D^"E*4M=2
MHJ(/@[!MF'[]<L9GW!34[Y2].;NC)E/.26[C5;"HST.5%9BP)L`!U@I;4[TD
MJ6"I*G=*0?-M'MW'_BEMF';@L)<>D//.N.R&"VIM470M:RIJC,<E*4DD"JBE
M/B>`<GL3MQ"DQ8+<6SQJ/)0XZTZQ':+KRDHZKTI"T-$*201524J&H`$`4X`T
M8&P^#7A++UZPNR3E.(Z0=7!B2$2FDI6YH<0DK06"@4`(I0^4BIX#<(&U&WMC
MTQ[#@^-PD,N=-QEJPVSR:UZEH`,="DH4Y2HJ03\5>`Y[AA\527V8%F:B-%E=
M6HK:8C')5`E;48H2%.@K(-#4@&HIP`?;Q89!N$9ZT7"WKZ+K<EUMZ3&5(9<6
MG40PXLZ@&7N8)4"5"OB"3P%'7ZENT-Y[5.[.1NQMLE%MBY/9T;L8WH2N/:KK
MF^WR1"S_`!&Y(0['2U"RG#Y;;KI6%J?/J$\EK2XD&^[*;DP-R=L,,RJSPEP&
M+O8+=D5O2^MIQ:H%UCIDMID.,+<8>=;#NDK;*FU%)4@E)!(3D[/:=<BO?ELA
M]KIN,N:>6FJDG33RAP`\_P#3P%*>H]X_$<!__]3>NW/&TN]N_;A+CH0EY6Q&
MTDA3K8H^-&`8^7.H*>9"0"0/O]O`2G3Y,^W<WI4I;S.LM*96DH7YJN)4V10$
M@BIJ/'@.!S))]XN4)'Y@AK0LNJ(HI+E--%!`2""3S%.7`5M/KI8H_$WEV$EE
M=6[I@.:,QW.H0VI5NR:WNN-AK1H94GYJD*5JJI*A4#2-0)[Q.Q63YE`CW)I]
MAMS\R9(+DAQUU@%:766$M%EE2)"F=*"4GXZJ604I`6&NRV]6RTVB`W8K=*;+
MPZ3DLK4XI;SG05)*PN/#+2UK%6U.+4Z4E14=1HD+$_;S8V?1,W28RZV^]0%Y
MQ+3A2)*6W9"SI#@0M+I6A-%>`IRKP#0,"4Q#8;5&_);2VWH+`+1*6ZKUBAZH
M4YI&L`GDFE:<@!&VC-I*4Q$MPGTZ&TI4Z"[I6H$G\E:FD%;:1]A*AR]]0(/$
M;A"GEOJMLI<H.K53*GM1"U.(6V`IPZ4IYZ4DUIS//@/K([C:X*EB,^TA;ZG>
MHVEAM(<"24K*6VT-Z5^2HJFH)^[@`VW&G1+D\B$\XA18<]27XNA+KA">FEM2
M5CIZ6V2KRT)J*FE"H!7A^J[L?B.3[177(LEC6^([A<J7>[%=KLE2HL>7,M%T
MLQ8?7TU=2-*9NH0MLD!9`2344`+4[$(N:8QVP[&V^\"4Y<58/#?2Z\Z]-<:M
M-VN,ZZ8ZP7'5+*6XF/3HK24D:64H"``$``#3;,]]Y2WUR&'6B@]10)*_`I\3
M3Q'(^SV<!3_JY[U_BK@/_]4ANU>'I[7>WEY3T76O8C9U'Y:5)=*#M_CY*-92
M4^85"A[3P&[3L<=E]5A;86$*=<0NM%!"^:FU!*5)-"3R_P!/`?2,08BM-2"5
MQNF2M90GEJ2JA!5R4$D)\:<N`JN_6[W`M.2=S6UULQG*;5E5IP[:1<.?"M,Q
MJY,V7*I>>96WD,:8['<7&;N:HMJMX=14+2&DA?*@X`1NW/'&\SR:QQ$V^V2%
MS[DU$Z-TA,(@O@L*"U&2EPON-LN.=%#4=;+:EJU+4I:?,%D?979&UX+\F?GR
MG77VW&SZ**AJ):H#BXZ&G!;V$:U!M+@/F42E>JH2*#@&78!N7C>-0B[?;[9K
M!;82'CZB]S&+9&2EK4\I:GY+K>HI89"B$`T-3SY\`=6TN[6U^906%1\WMLQM
MV.E^.VRXUTY;22AL.(0XZ7U-%:P`4T2JM3SY\`>6WENMJ`U(9;9=24)")Y>0
MFK13^4HE"BMTDDU!Y\B2?"@3Y';<B2VYD-UAUI1"5(4.LD)I72EQ6M8H.8*5
M)%4\^`YIUI0_&D2I\DNMEU04HM):2VWTTA3#'2Z2E#34@FOC2HH>`&+.\7M4
M^89;-R9AO1R%-I-&5*<*5GFX2MY!"3R4"!S-2!4\`C'ZON*WK(>S;?''K$&W
M;U,QE+5L.KK(=?F7:)`:"51TOJ7TI#E20BJ=-:!7`!-C>,-;,X/C.#0Y"9+>
M%XC8\:9EOH4MR9\BL\6VEQ+:JJ#COI0JGF(K3V<!HK&;Y//]0]TEL!U\-L,)
M9#KRT(*M*FT'4?S`:GW<!4^ZTKW/_P!@_LX#_]8ANVQI#?:_VWF%-0%KV$V>
MZX\A#!7MYC>K4KFH>!H1X<!+L&^&'-*&F4O*!.LJ:UHY*!"J^&DD`@^!_I#-
M%U$YV2B:$ML+CO%02G2E!"3112-('*IY"AJ?MX"NGW%=M5NWUVM^8O3K;$R[
M'+QF\3';Q+8A>L^4.91=[=C=ID2FXR4R+>]*CH#+CGYX:=;"%K36H`]V=[29
M5B>\\-S(K)>F&<8N$UB(]-ARG(32(ZPTT6Y*.I&>9;T.*2AI?12XM9.I2`4!
M:4VCP"9N)<+99+4@OS),!,IQ906A%4E+:B'%`%""IP@))-5'PY@5#6LIV>M6
MU&X2\BWFM.2Y'=I3[MIP[#L:QSYU<Y<6,L-HE6Z-=5OVR!#<T_O$F4J+&30K
M"TD+H!1[29;M_NENE$V*R3Z<^4.7*;%]#;;X]N39L-3,D/7YK'I;5NOF%>G@
M)O\`#KZAV&U>%*9MK;TMU(B-K>2$VM=N<?;&YY-*V?WF[GMD[]AT2==9NU>X
M69+W%PYF'!0^Z];7KO-8GW&#;K<EA:6I*ER[?(J"Q(D-@D`P/M:W-NFY&-EF
M[W1,F]6MIN/=7%O1&O42FD*4J0&VE-!>I0*A1`2K4/MX#I=Y\_WH$Z;;<-OM
MCL<4K3`M-SE8S=,ODO7ATM:(L&R0Y-I@7*:AIP:&5S$J<U#D0L5!>./YOA6;
MYO>;/NOW8]TF:YG`>G1',3P[MDR?$,0L5SB6%G*91G_PS9,WGV]J/C,A%Q7(
MD/L1E05A\.%LZN`A+>[#UWO"\TN^#Y[)W)V-N>VU^><NB9+5TC.Y-!DB1'G*
MDN`HMSX,-U*0D-K4I"NJTO0RIH!ZSZTN39+4ID!^/TPI*T`N)*5\M2E@%*U>
M_P`/=[AP`_N+$"0IF)TURH;G65I_+*4!9U:B:$4'+@*E7JG/]Y^O_EX#_]>:
M.UQEU7;#V]N@N#3L7M*:4-%I;V_Q]5``*Z4U\:UK^L)KL+CLF4]%6TD.K*>F
MIQ1'):DCV@FBB>=:"G`?MY8N-KFH;"D*#Y6@40%!*7$4":A)J?"GZ>`1OOW;
M+?:]W+7!S"/(@XQ:[U<[8\'75Q8%MR6P.7&X8RJ8O2XA*)4!RVW`:FT!0<`2
MM/-8#*VZGJLTK(4OH"FH]VO;H?*@$H5&E=)94JH\CK:2":I*0%5Y5J#<.S;+
M94O(T3UN,1$7+0S!72JC%#2'@V:E`;BM)&I1&DDI)Y!-"#A<BVRP[*YC%]=C
MQ+]=I%NAVNZ,W2,'HEPAM)1(9;$U21Z1R._5QI:=73ZB@00>03+M9@F'89=A
M=K>G)L=N;\`1%NP,C??E>A*U$PHUQ3'F71$%?5/Y:7D\@!0!(H&M;Z0,+QG&
MKJNUQE-S<@+K5WF2NK*OLVU2BVN[1&[A-4]/B-W5+>B4I+B"\S1L@C@`#[;<
MO?@[QW^#;7G[=:Y=NF2FV4E0TR$&L*WA*TADZ$N!"B-14JE#0$\`QC$&;9E+
MKT&]R7A<;'<5S(ERA2)MKN424'&BX_!?ARFGXS?[JC4@+6"H`G4$\!VDG9'!
M,=R&=G>&7;(+=E=W@3H$^]0V[7?YJ/F"$)EN6=RYQ+BQ89DIM@MN.QFT+Z;K
MB00EQ84`K]QFW-HPCM3SK'+/`:@O&UY#<D@N-(=>F3#.6[*N:(S3+3\YX2G2
MXH)2:K/(@@`%46^'(5CS*`VJ2XPRM3Q8<JI*/,JGG'+00!S)X`9I\:/<+[<R
MKJ,U2ZSH(2'DO#7K02@4="@`?9P%0OTX_KG]?][@/__0*;M(M:Y?:_VZM-(3
M^9L+LZM;H4GJ#5M]C_Q)YD:=0H.51SKX\!*(MD^W7LK;8<4A)65K+9(6D+^)
M)\O,#Q_3]W`;1EUG7.8M_28:85J2=0^-?/6#4D$@D'G6O`+=[H,%M$'=:]72
M]6/Y[:LUQ6Q)NEL5%+Z;G/@07K,7&$(03ZA$2$TSJ\@`4-1TD4!?N/PVVD9;
M;.DN%Z:^7]$:,K4J5&8>N3Z&X<EQU;@7TT)&M?44=2*BIY\`=?;K>KG&<LKT
M-QQAF.$%A3:"D(0AEI+G25040I"P$I3_`*RR/T@]_9S)G+RJTL>J?:=+W32S
MU7_3I2M"$*=!"EC0&E`4"::@![0>`8=C^/1K?#ZR7'73)6E1TOO*6\M8&HN.
M.'0@*2$A-5``"@Y\`K'O#[A;Q<=XXO;5@MDA69QNQ1YUVRJX-*,N>]/?F1O3
M65UX-1BQ#;AE"W14!3B:`>!"-^SO;:]S=Y)UGR*[6V9?;*[(4Q,:GM/QG[1(
MCSRU/EIC+1'4EM>ILI)*^L`*)K7@&30K:]@&[%RL5Q@M7_'[L^ZI$I@KZ\1+
MO6?CEAXT2$J;22JO)-:U\3P$OW;'(#33EVL$Y12XX*=5:NHV=!"V7E1EH4H(
M4I7C0D4IX4(+W[H\NN,C$<EL]X:T1T0C&2AA2DJ?]3*C1]*6PD!;(4\FO/V<
MZ^T%B69Z1:[C<2FGI'4E3+3Y4M*>H$A>I``!'XTK]_`1-?++%%Z=FH<*(ZRX
MX&R4U0\K6:E0H5-FM1X?AP%-_IGWI_!'[>`__]$HNU.XM6;MF[;!*<E$/;![
M/E*&&5&J5[>X]I25$*2@$C_+PX`C49%;KBI(869#[32EOL)05%(ZB?RUK"2!
M3W'EX5X#O'GDW!$=IR(I#J0I#<A'P1TIJINE>2CX^SF/#W<!`7=#A\;(-B]R
MI"H3J[YCV%95>,;O%O6J-=[3<H%FERFI=ODM%ES5U(R"M@DMO`:5)70#@*_F
M$70,=6-)D*D^I0V\94M\.RW'7K:`''I#B4.R'%N)2%*4:J*O-S)/`,4[97&Y
M5KEM*<2I^.I"&VD5==;*([;J^@EM"2JKZ4A()(H.5>1X!Z7;U8I3MJM<IQ3B
M@['1+4A+;@6PV=`4@],*4`LFHK0J"J^W@#!RG==&+V9#<-24.=$%*R-0\K.D
MH40M10M3IHE*O,=)I]H!_?MO8>[LE5WRJR1[G(Z$YN+.#;K<^THG>IMLB5;+
MO"3%N:$ME/5"&UD.%NE`#0A'NQW8O=>W7,I>>[>WRZ6VXY-9G+;>HC"(,RTS
MUR=#OS2:VOTDMV7&+*$H><6XZ4C2I2@J@`JABF<QLF<R2^R*Y`W!BVN7=&VR
M%NVZWB<N'#8)JM*&%3'/!*0M3JU$#R\`1+%PC)ARS!<2"I2NI'#JRAI\<WD-
M)*DF@<!(IR)3^(*T[BLX2Y>6;=->BR9,BYN-,1I!"^BPD.NJ<?;JHK4V(P2%
M*\5K!-">`#W)W7F2AUMEDT0=;C12EM25'4E5/`%'(>[@(%RNX!2E@>`40*4)
M-?-IHFB"$BGASY<!3>ZROM_!7`?_TB+[7<KML[M<[<+>E/I7X^Q>SS1EN-A[
M5TMO\=0NE54\JDGF:4I3@"6M3:FRVJ.RAR(H#7)0PEI*EJ6FH4-9*@XLG[.7
MV<!(UJCI*2'?(TJI;^#E0J&L_P"TI1]W`"5W-=T^P>"7NW=M-XRA62;V;N6&
M\6VP;4X?'%_RB'9)EDN;T_+LO2R\S!Q#%;3:(LB:Z_,>;DO1&%*B,25Z4$*V
M^,SE*A1M+B@ZW!M\@DKH\E8:6P:'FA*NHP"`:U4?$\N`/+M?SQ4:YBT%TA^8
MXX(Y22H:I#:TJT$+;4-!')(*CI40!SJ`L_\`:%.:R#"V/F$A(6NU,H7<(SP#
MS"B0AQSK1];399*4$)6-8U*%5`\PCONWVA_F3`M5MQ'/\UV\OF.JDR[=D^+7
MAF2J9)#FKTMTLEZ8N]AEV]:V`G0J'J16J"FI("&MH\.[E[:T57/<:ZY@TQ:V
M8+!1=8V))9N3+R3\W>-FQV<PMI<0I2N*6&Q4>18\P4#(;4X6W%Q7[%OA+MC]
MD4F.D;FV:Y/+O'6C&-(9D1<$@R(L-]G6IU0E#H:O\)8/(!.M-NWHR;<>UJNV
M57?`<99M\TY5B[&3*W`8DSU&.W'>LEUO..V-^)&CO)>"T2D2%NEQ"@I@H(4!
MB-6UG!L;O5]O5W]=98T*1(AK?"42POH(3I>113(=/2'^'T@2H'3X@@FW=FRW
MO)+Y(RR2VN,U-?>=M[55*5'9D.J=6'0WJTN/A"*"I`2@$'F>`@V2Y*EON0GW
M.FI)(;!)&I0/-))TFBB.1IRY<!&606U32WT*4&WDKJE*55H`2F@!0:UK[S4>
MWV\!3DZ9]ZOP1^W@/__3D'M;1Z;MN[>]"2MN1L;M27%4.E(_@2PZP54-`"?>
M*<`:F%*;AL+:6_ZR,[I6U'02[TRE1&LA.HCS`T'(U/W\`N7ZGWU/\6[*=O7<
M2P&;9<A[F,TMKB</QEYH3(F#6QY*6?X_S*&*M)B1PM7RJ"[I-SDMDJ!C,O5!
M(_T2+!DF[_<IW"=P6YDZ?FF6S[`BR.YCD,B1<[Y<LLSJZ_.,CG>I>44KDNVZ
MV(:<)ITVI"4(`;)3P$Z;M[2WS8+?6\X)E<-Z-:)#TJXXG/=:7Z2_81>'IDFP
M7*"Z1TG$Q5I7">'BS-C/H-"C@,NR1;UAF46X(>D,QICRG[=(8;<"TNI*7T-%
M2R`V\VU0#SU!K45U<`_#M#[FK?B<>V6W);NW:_7,-MP)94XAE3\PI>:;D(:)
M8'45KHI8"``*TI0`<]IW,M5\R*5H4T_&+Q<,WJ(E,EM#$A$F0%DK:0EM3;:5
M"BEJ+H(!HK2$XX;`Q>'*#T6ZQVKA5+\B%!FO!3K3[22I+D=FK;RT)0$E(64\
MZ<QRX"7V'WX;7J'UN6B$UH0F7*BI:*$24494_P!(R5T<#?YI<;2*:=7`1[>7
MX\60W<OF#<U<N:E@7-+X=;;;6ZE'50"X"6DL$J"!1!KJ-.=0%7N3WDGY:B'A
M>"T5;;2L+O<EM2E(2ZD+(@I6D,F1)=;7J<0H'0HZU`U`("[_`#&=2TB+D,=M
ML`%M(*/@IJ2CR+34U212G`1%DEN,J8NZVLD-ESJ`%(3TP$T/E)/*H]G/@-*N
M=I>GI:EN)"G@I(=2M"A\(*2I6BE":5KP%,+H+_R4?V\!_]0$L8^I[VJ;&=O&
MS.-7#<:1F>8VW9_;BVS\6VXM<O)[C:Y\#"K1%DP+C<W/EN*0)L>2T6G&EW$.
MM*!"D`@@`$^X_P!>'=-%NN=KV`VOM^#RY2'HL7-<\O*,NN<5IPFEPM>(V^WV
MRQP+FD\T"7+NT8'F6E\`CG.<[S3=/-,BW#W%R6[YAF^7W21>,BR6_2G)MTN=
MPE&JWGGE?X;+2`$,LMI0RPRA#;24-H2D!8G_`.'URFR.7[>W;R<M+5T;EX=G
M5I<2C\Z7&=:F6.\,)U(!5Z5=NAE(YTZZN`M8]R'8'C/>'M)#QUYZ%A^[N.-R
MKWLQG$UIQ-LCW68VR]=,,R!UEM2W\.RTQ6>J4I4_!E(:DM)64+9>!.>"[&7J
MZ3,AVBW0Q2X87N7@]\19;]CUPZ2+C9,BM##B"XAMA+D>5'D^K0_&E1RY&G0G
MFWF''&G6UK#NK_M!?XL%4%I4F%+M[[<9U/4"U+3#=7(8?90TTEM3[:5%Q"TK
M`"001YJ\!WVV.]>2;:7659,X$J;;EL2HS5P<5I2E3S@4A2FT*T]/ILA*N2RC
M2`/B*@#8-@-W<;R)VTWI=U08T>+%=*(A6^VSU-*>@\ZIJ0$N.I"TJ4-2"VUR
MT)4D<`?MQS[#<@LZXS-T:"7X\A+SSTIMAEB.0`AY3?22OJ.L-!"4I(!*=-#4
M#@$]]X/<I<MA^W3?#=7",>N>:V;9NS6?*LB7;;I\J8A6&Z9=8\'6EJ\&/=H3
M-WN,K(4&WMI84I+++KRR4-.%`86PV]NRF^VW&/YSLYE]ES#';C;85P>3:YT6
M7>K%)GL-R7[?F%K1(?N%BR2*](4B6S+`<#X4:K!"E!OV2[<PLD*Y,993<%A1
M;47*H4$)-`US""54`YT_7P$;?P[=K:MVW24%11J\P!-4^PDUI4T]E?T>W@,=
M#4=F-*0LMEQJFILH2'`*\U**A10TGW>/`4<JC^H?[(X#_]6B=&&J)%;%1JC,
ME1`KH;#:*GW@J5Y0/O\`9P',X@)`2":`"@`%`"/L-*4I[.`^&TZ5"B!S\%*K
M0>XCFE//\!P#2/I([@7+!N]';Z/`=*!F-IR+%GF&"VHR5&W&^Q67$-D%Q'J+
M(`03R2I1]_`>F]VIY3:LVP&U0;S&CS8TJ$RAR-+2E92H,IZ;AJ`MM23\*@4J
M!!/(TH&Z[]]G6*[VV^'+F+7!S7'H;;6&;L6NVLW#-,?M;+[TEO%LL82[%D9]
M@?4ENDQG'A)B.OJD,%ITN/D%YY%VVY)BMU%ISJQVZ!?6DQDQKE:WGI6/979V
ME5^<8Y-DQV4+8*^F'6E]"6TM*DO-("AJ`0MTNW&6Y)%UM-NB*2ZA*7X4A+`1
MJUJ26)!4E"5`J1XE)/@14\@&L;>]M#<Z<M4?%+ECLP32[)EXM>IN-L/MJJ'7
M5(L]Q99E]98))?:7YO(:<@`.K`>UZ[W61!LT-%^R&XW`J;A6V=?ITJ+H89)=
MD3I$E]R#&M\%!K(?6A2$>5*4K<4A*PC?ZX6S<79[Z-W==@F%Q8";U(PS$<@R
M6;!AB/\`-S:-S,"DWB60VA,I,.WV=I^+;VED])EQ:E`+<</`>8UC^499@]ZC
MY!A.3Y)AV0Q$D0[_`(K>KKC=]BA?F*8]UL\R%<(]#R(2XG[1P#1.VWZTG>KL
M)+M<+*\LC=P.%P26W[!NWZBX9&8RQ11M^XT,MY<W,;'^&NX.W-E/@6B*``\C
M:/ZX/:'O$BWQ<WD9'L+F<Y3"),#.H+UVPU<\U;Z5OSO'&IL1$)WD2_=8EG0@
MGGR&H@;MISW'\P7#OF-7:VW_`!^_+#D&[V.X1+M9YD=Q:FQ(AW&$[(ARF%K!
M`4VI0J*>/`4QN@CWJ_$?LX#_UJ*\!"FH,52E)UOLL$TU42V&TZ$@E/LK4_\`
M.)X#-E`MMA74YGG1.JI%2*U*?84\!AM,ZQU'-6D<S2E36IT@D\R*"II0>/`3
MIVU;M*V,W^V>W<"UM1,!W`QV^W=+*$N..XVW.:C93$:0I*BI<[')$ID<M57*
MBA`X#U5-C8C"[7CU_P`#EMKM\R#:[J([3G4C$3H*):@A:"4J8TO)*#S`*2?<
M.`:?@MZ7-MT-RFA]*`']0HI+H2GJ(U<DZ>?(_;P&R95A>(9M99%FR.V"3;Y#
MBGTI15+T*<IM3:9]MD-D/09H2L@J2="PHA:%)4H$%1=PN%8=M-E2;%?L_P`'
M@IN;*[E:W\FRBQ668B"I0:2Y?H\N7"7:WU*U);><*(TL@])05K:0&%LEMMD&
MZO3D;9V^PWO&3=)UONFX<J[6TXM;WK<I*5M0(EBG/W[*7PXD:6==OC.,D*$H
MH4D.`V+;W;#'-M;*J);W9=TNDI+:KO?+J6%W"YO(2D-CIQF(L.%"9/\`@QH[
M33+?-9"G5+<4"H_JYXPG<7L<[TL=N,<N(F;!YU':;;"BL1H%O7?TN-!)"DK0
MBUIY@$A;9/`>4EW`8N,,WSWHP\I;0WC&Z^XMEBEMM+;;D&%F%W9A/-!`"0P]
M$"%-@>4(4*4'+@(<4Q2O+X20:^-*'[/'[.7`8ZF":BE:BH'OKR%:"G(\!.VQ
M7<YOMVU7MJ\[19U=+'%3+1+N&+RR+OAU[(J'&[MC4XNV]U3Z*I,AH,S&QYFG
MFUI2L!$_\\,P_P"PV'_P=Q_^TX#_UZ+$64AV!$:4TEEY,=@-J6#I?4EI&D!:
M5A!44CD"`HGV'VAV<S2XME2FD)2&P="0X.HJGQ$.+(12G,@4'NKRX#A>7K*5
MAMMOR)5I;\J!0`40!0)"@*D>))K7@,<DU!]E*IJ1S2?`'E]QK[>`]/#Z&^]+
M7<7].CMXS*')0[EFW5G7LOFQZR7G5W+;E#5ABR[B4IZB95TL+$2>0KS$R@JI
M"P>`L'8X40H;"5?'Y5FE*J)0E2M7N(!KSX!?'U7?J@8=],[MR:W"D6MK+=VM
MQ;L[@^RF$.!7H9F4*AO2YF49.YU&`C%L2B(]2XP'&WKC(+45M;0=7(8"D1,W
MNMN^^4Y-N7G>77?*\QR:XO/9MN#D+D:]WO.L\CR7'Q8\7N35O2YB6*6MF:TF
ML!N48S"6*-]&3%B-`76P7?;N']/#<*'EN#S(,6Q^HC3-PMI\?0]D\#<.S/\`
MHVXMJRJ_SKD%JNR';D_%ARV'I-PL%Q*FY+:UH>B*"]3VP=SNTG>!L)MMW#;*
M9(SD6WNYEACWFTOAZ.NXV6<FK%\Q/((\5V0U`R;%;NV]"GQ@I73D,*TJ4@I6
MH(%[YL>B77MW[B(DQOJL3=B-U&'P!YG&U8+D+=01S44E=?&HKP'DV_4&L`L?
M=7N"XE(2G(,?VGS`J2*!V9EFSN!WN\.@@FJE7J9)U$>*Z\`%S;BO]GE0^P%)
M310Y>%1P'.IM-2CJ)*0$J01KYA7/30H!"@3S\!4??P'"GD5#D1R%0.1^WGXT
MKS/`1EP'_]"BO#:#D&*E91SC,CI42XI:2T/C4*MH2H"@`U*]^D\!DH'E">?E
M3I3S)\J$C2FIJHD)]_W\!^FJDD<B1YDDD5\"".=!RISX#B/,4-:"I30CG[5>
MSP]OW<!<6_X2?NH@6+=??;LUR&YB.-R;?#WGVUBR9!0S)R'%836/;AVR"VLE
M"[Q.QTV>:VA`"S#M,QPU#=4A?NA0RG2TC4I36E2TMT24I*`0@\@0I22.?L'N
MIP$)]TO:_LYW/[.WK$-V<9M]]:;C+ON.3WT-N73#\DML1\VG(<=E.`JBS(2Z
MZD\VGDE2'$*2H@AYPW=IL7?>U#N3G8%MO,CR_4S\BF1+5#@1I5MQMAO+)5NN
M67.6N<7[<Z)D:ZP4P4:'&(!0\Z4LHB,O-@^KZ/?:YM%OIO3G]ZW0Q_%+I$V\
M[;[?&P'!;M/BY!"SS)\TEW/$MQ-T95KO#7S"9=<`A18\,,N,M1+3*OZ)$5AI
M#T1]8/'V/V*C_3M[FI&%[:QAC_95W-:+E;<::2I./[-=Q(=5'8;M*JK39K%N
M+:6XL#IG2RN4W&35'1\P'+W76Y=SV+WFBEL+7<-I-P;6CR*4OU%QQRXPF@.2
ME`*,GW'@/)P^J#;!;^X/$Y(;T.W?8W;>8\H4HZNTR<DQ%HBA'P1,8;;/(<T<
M`M]N@*N0(((YUY<R/#D`0>`Y:@I"2FJ2KXO`A%.:1X<E'W^'+W\!]::52*4J
M"GVUK[:@T.H?KX"+J'[/Q'[>`__1HM00/1Q%`4_=X_.M/,&D#V#E[#]_`9!%
M%5%.?F\0?,*5!YTY?T<!RD4\R1XT73PYU)*>7,T/`8RQI-1X&B@2`1I)I3QY
MTI0T]W`,3^DCG4G;CZEO99DT7,#@9._>%6!W)U,"5%CQ,TEN8;,MMTCJEPDN
M67(6+\JVSB'4EN)*=6FJDI!#UP]H\]>S5B2]-A-VV5'ERH\NVI.I49Z/(4V8
MSKRD-+D.LCRJ<*4A:O,$H!T`-CW+3%M^"9HJX7,VA$&Q7:Y0[@=*E-Q_2N=1
ML)4=+O3E+TZ*54'`!SX#S,^YW/<DW2[J;EN3*N;%MM;E\A1<6FV^2^];DM6I
MQJ/D=@N26X3C2F<UGJ]:@RDO13&>:=4%07G'$A8A^D':'9'?5BZWX+>'W,;`
M[ON.;9L(N'RZSVF\(P)^%D%BD7";-D-,9&IZ*N0TZ\_(D)C,/EU3"8R&`MIY
M]BV.97@Z<9RBT0[W8[J]'BW"WS6RXP\D)04J0MM;;S#[3B0MMQM:'65I"D*"
MD@@(YW'CJD8+E6(N.W&Z3(&.Q6'KC/8>4[-@RFIR8<J5/+#4.?<7Q:'4R@T=
M:'`EQQ#27V=0>4I]7^T)M^^VVKJ?!&TTJPN)2$52]8-T=Q%%.@4IY+NBG+PI
MP"E$CS+^PTY`D>->1!'(?Y^`Y%)JD`#V$^/+QH/#V#@/@DH\P)!JFHY%)]@Y
M<J\_OX"-=9^S]?[>`__2HLVQ>N%&0I/YB66$*`%:*#39;*3RJ'&RD_\`2^S@
M,P>X5!%%)YFM0>5/:*^'Z>`^A56JM">;E>8%:>;V>U(_5P'"M)*2D#D*J2:_
MZH%54'MY"OV<!D6RX3K7-AW*US7[;=;7,CW.UW"*XMJ3"GPW42(LR,ZV0MJ1
M#D-(=;4""E2*^-.`]=WZ<G<1#[C<$VGWDC+93_\`T#LQMYO7(BL*!8@Y)E-B
MC1-P;,SXD#'=P[9<H!2*:5,5/CP$U?575'LWT_.X^\C(4XQ>8V'V^-BM]<GJ
MMS,#,;GE%BM^+=::&GW&H;MZE,MR`&W=;"EI"%$A)"@1BV*R<AR,(LF+N3KS
M/4X)NV5RB71]^ZW&WL.&=GR(6M@,NQ8Z9$AB,E]3UK4Y(6CK6T252`-7;W<_
M--AK[MOO/LW>Y3D3:[/+2\<Z>AK;O5GOF4-RH<W;RYK@JN#DG!,Z:?G(2V6W
M47Q*%S'(C#C;\%(7@NW'N6P?NUV#VTW6P1#L%-Y<7"RG&WW1)GX?E]JB1EY!
MCLR4EMIN>S$,IMZ),;2&KA;Y$>6V.F\C@)SR6$W,L5]04E76@4)%:@%@H-!4
M^X\!Y3/UN[0Q:-^,.AMH2E<*;NY;G#R"BS%S*W2V4D`_"@SG*>-*D<`D<).H
MZO$\N8Y\N2J@\Q^!X#*2MIM1#C:'4*1I-5*;<21S!;6`H)57W@@C]->`X74-
MU*F'2I*M1T.(4TZGQ^(`J:4#["E2O'G0U`"+>`__TZ)T14OI0^FQ')$*-J(E
M.@J1I'0*@(9TN5U<A7E[?#@.R4N;U.4>+JJ?"8[\=?-3]Q`^+@/XKG=4TCQ*
MZ_9,=T5K_J_N-=-?#[.`^"N;K\D>-74K128Z>=>5/W$)\:>/W\!CA4KJ#0Q&
M!U^7][>(\>=:PP-/OK[.`OQ_\.#?.^&V]L6RR+#MAM!F>&?Q7OR[M5(W/WVS
MW;*[_P`J5WG&$2H*(6/=NF[<?^'(N[C>0N6R4E_JOO.SFUQV6VF77@;7];#*
MN\F7V%9*UN#L/VUV#;H;F;:JS6=B/=GNMEUZ5;_G#R+,S\JN797A,5%O_BY=
MO<?<]:I6EOIZ*.%UL*BMNN>](ARA=\(P=S<`S;>$.?S2S5G<9-IK%-H6IEK9
M]^T*Q4(3'2PD+%W*50U1%"T)6E831N)=MWRU;1,P#9A#GR>Y*NBL3W>RYRU_
M,%NVX--Y:BU[(-+_`)J1\H$$OK@*Z#US,$,H:`25`\?Z'&0]]<*'NFO`=H-C
M<DV>-AQ9E<;-^X[='"<<3NB)5]5=KA@<VW=K&?AR4NU=1%ZAL1TVU*/EBXDE
M3=&^`?Q+S+OK^4RPKMP[2@WZ$]12.];>0J'Q5.A/8&`5>'(*`^W@/,U^N/<,
M_F]R\%S,<2PG&9OSO=+I0L1W#R#.K<757:P_,`+G?-L-NY00RZ`&R(A4X"2H
M((HH$CZYVK_J\;XC2LQWWC_N/C^GGP'Z5R]?FCP_BY:ICM/`::_N/CX<!_%<
=S2O5'C4TII^^.T^,>%(%:\!&M5_U4_VC_<X#_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g23759g26s48.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g26s48.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0ZB4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@``````````````J0```(4````&`&<`,@`V
M`',`-``X`````0`````````````````````````!``````````````"%````
MJ0`````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````#`4````!````6````'``
M``$(``!S@```"^D`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"`!P`%@#`2(``A$!`Q$!_]T`!``&_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P"^*:137[&SL;^:/`>2@*:B?HMC^J%:JK:ZE@/[C?R!3&.T"2(24B95
M6.*V:?R1_<D?L]0+WL8`/Y(_N12P-EQ,`<E9?6FY!#/2J)<(/F#/MV[O;[4E
M+Y76*ZM:JJJXX-@:"?EL=_U"IU?6#)-L.HIO8=-E;6R/^BU5,3IEMA=DY3G&
MEI)+IUL=_(/\Y8S^7[-Z3_J[U'JH)R<@X>'_`(/$QQ&G[USO:U]CDE.J.O8M
M1C,PW4`Q#C7V/AN:-W]A:N/]COI;=0*[:K-6/:T$&.1Q^;^<N1_YB4T?T;-R
M*B>=P:YI_KL&W<F^K67D]%S;L;*._&MLVW23^C>WV>M7_P"C6?Z+^HDI[1M-
M6OZ-HC^2W^Y)U%(&E;/\T?W(NTC7D^*9OTCY\)*:=K&>F^:V#VNCVM_=/DDB
MW$>F^1^:[\A224__T-JF/2K(_=;_`-2$7<=!V5=ABNLCG8W_`*D(["8U24T<
MG'ZEE=2IHQ;&UU-K<3.KM[I]VW^16W:S^NM7_F\^K']2X/N<QFUQF9_DAK?S
MG?GJITZPCK=G$O#6M\``UO\`U3UV>-<'MCP24\A5T'J68[U+JO1K$;&$1`'T
M6[?Y+?;_`"%KT])JJ:`XZ\3\%M6N&YH\50R,BM@+AJ8[)*<CJ.+4V?3X'Y5Q
M77J_0OM,>S*:"[R>P1/]IB[7,?81N(T.L>$KD?K=9755183!LLVM')+H_-24
MZ7U=S'9/1,1]AW/:UU3B=9]-SJV[O[#6K3W;='=^RP?JH,BBE]&94:A:\NH:
M2"6RW<[=M^AZFW=L6V[F.R2F.1!JLC0;'?\`4E)1R`?0L($#:[\B22G_T=>K
M6JN=)8W7Y!6&@MU&O90I;%5?]1OY`B-;,P/@DIS<R@8.0SK+/5L(NK:ZBN72
M#+LC;5^]Z#/46OE==S,;%.33EXN'6[0,R`XO!C=]`%OJO_XMBEC4ML#Z7\/;
M/CJSWQ_;9O8KHZ;2,-MCRVN]C!6RYP$.K_-;N=[=O\E)3S^)]9^I6]2QZ<Q_
MKTVO#664T/82YP=L9M<[;^E_-MW+)ZIU#J#^H6X%K\FIM+@WT&N%;I?[A98Z
MNQ^ZMOT5U?3.CXU_4JK_`%#:W"L%Q<Z2'6%KZZFUM]K?3KW.L]3_`(OTU0ZQ
M@8&5E6YUS)NJEKW;=S75@[MEK&^_V.]S+*_>S_A$E-!N`RFTLLQ['/9#1D"T
M.+A'TV6,]*[^TJN5T"O(Q";KGVY>\^IE6PYVQKG5NJIK:&545.;[]E3/YSWV
M+?P:*;*FWXOI.J(]MC;`\1X-;'J?V'MJ0LM@94X-XB-=4E-;":]S_L]M8KNP
MWQ80=P<'!WHV;OW[&[7O6CM;WA0J8-8&O+C,RYVO_4^UO\A$%3G.T)^"2D>0
MP^A9&@V._P"I*2MVT,^S6@OX8Z/\TI)*?__2W6.!JKT_,;_U(1&NW$M[IL?;
MZ;!$C8W7Y!%;7K(X\4E,\>66-=W:9!\U>OZG;B].)J$D,/N["%3:)T.LH^\,
M866":;!L</BDI?I6-;B85EOK`YU[@_*LL<#[B/T59W?0]-OT%BY+LUMXMZC=
M75N)+&,L;[H_.=6W?:Y:?['P&[,L8U;\MI=ON#1ZEC7'7?:0=_T&?SF]4[;7
M>YN+@^AOT<\,:W@;?\&UCOHG^HDIS>GY.+;GW-P[9F1<&-<UOJ#\]I>UE;W?
MZ;TT?-M/H.;/N/M!)CE'#1C5;B#[6N:`>9/=99==EW.JK;O<WV5M'YUK_P`W
M=_)24]#34UC6M:`V.P$0CU#7P\UQWU1^NU/5*Z^G=3<*>IZ,JMX9>?S?Y-66
M[]S^:O\`\'^E_1KKF.<3!D1SXI*2EK7UW@GBM\'^RY)`N#Q5;K'L>?\`HE))
M3__3Z6IDUU1QL;I_9".W00!*S\KKO1.E8]7[0R65V;&$4,_26GVCBFO<[_MS
M8N=SO\9S07,Z7@$QQ;E.C_P"@_\`HY)3VC6.<#LDD\"-5GYOUM^K73G'&S<H
M6W?1LIH:;BT>%KJ_T=;OY/J;UYCU;ZU]?ZFUS,K-L%3N<>D^E5'@YE7TF_\`
M&/>LO'8`W0?224^T=/Z]6,:JZ7/Q;6BW'M(@EA_-L'YJ'E_6_#>"VH^X]H)3
M?5/#;G?4_I]N/#KL;U:7L[D,MM]G]9OYB#GX.$'&QS`RWAP.G^<U)3G9&9=E
M$;9:T?ZRM_ZJ]&],-ZKE#;36US\=IY,CWY+_`.3L_FO^W/\`1INB_5LY+FY.
M8S9C#5M1T-G]9OYM'_G[_BE?^O&>>F_5+J>0S1_H&FN.SK8QV[?ZOJ)*?GE[
MMSRX:`DD#PD[EM]/^O7UFP(:S,=D5B/9DCU1IVW/_2-_LO6(YC@8Y4=AF(24
M^@XO^-5CZW5]0Z?M+V%ILQWF)(V[O1N_]+)+@6TGO^"22G__U//V-]H=W<`2
M?,A*`V3\RIU0:*SX,;^1"M)>0P<'GQ24C8S>2\@@3HK-;#(`'=393P`./RH[
M&@$?AV24^D_4#-RL;ZG6MPZADYMF9>S%J_-+B6N-EFK/T-.[?;[F?Z/_``BQ
M^M]5^L]%_J]1-3<7U;6.OL:RQP8TNKN=6:VN=76R/T+:OTE/\Y_.+H_\5U>W
MZLNL=^?E70?!H<-W_4KG\7,R.H?67IAS"Q_1.H6VW55^FXMEYLMQJLI]GLWO
M>W'?M=_VVDIZ'ZC5?6*C'J.1=;D8=P#S5E.)?4TC]%Z!LWY/Z7V.]*^WV5?X
M.CUE7_QMYHKZ#CX(^EF7@N!TEE(]1W_@CJ5VM+-H,_2<XN)\RO+O\;-[W]8Q
M:G:-KHW-']=[V[O_``%R2GSTT23P!X!,:(<WPD@_/C\BLENG\%$MWM<P:$CV
MD^(U;_TDE,12&MT$P.4D6MWJ5;QI(U;YZR$DE/\`_]7@JOZ,!WK<YA^135M_
M23]R6*^NUMS00`2'MG2)&U__`%*9CBRR9T^(24W&[2T$'0@^7QY3L.OXD\*&
MDET@!P!(G\JFTB1J(\)24]K]5.J"CZBY^.Y[*P2^DV6&&AV3:[';K_4-MBP\
MK"9C8C^CWV58YNWOZ>\6!QEK:A5^FH:[WVOIH9Z=WHO^A9^B6CT/#HROJ&:A
M<VJ>IV79!,$FMC"S;&X?];_X15>I^C]8LAG4*+GTLPWM8:[`TD,FG9[VVMV_
MX.IGZ-)3ZOT/-LS^DX6;:`+KZ&/N:.!9MBYHC]VW>O)?\8^8,GZU98!EN.*Z
M!_8:'N_\%M>NY^I/UBPLSIA:QY8W&RWT!MY8Q^QP%U3MM1]/;[W-_1_N+RKK
M&<W/ZIEYD@#(OMM$'L][GM'^:DIJ"8CF.%$O>'&JK^<.I<1HP'2?Y3OW%,.`
M@2([F4GM#FA["-[?HZ@`@_28Y)2F,%;-HU$'4G4GG<4DA8UU>]I&UP)U^'Q2
M24__V0`X0DE-!"$``````%4````!`0````\`00!D`&\`8@!E`"``4`!H`&\`
M=`!O`',`:`!O`'`````3`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P
M`"``-@`N`#`````!`#A"24T$!@``````!P`(``$``0$`_^X`#D%D;V)E`&1`
M`````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$!`0$!`@(!`@(#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#_\``$0@`J0"%`P$1``(1`0,1`?_=``0`$?_$`),```$%`0`#`0$`````
M``````<%!@@)"@0"`PL``0$!`````````````````````!```@$#`P,"`P0&
M`PD,"P$``0(#!`4&$1('`"$3,0A!(A11,A4)87&!(Q8*D4(SH;%B<[,D-'87
M4G*R=+0E=;6V)S<X\,&"PD-31#4V=[<Y$0$`````````````````````_]H`
M#`,!``(1`Q$`/P"3F(\9XH^"XGLQS%=7QC'W;?8K9Y"S6JC\C[C3,3NU_:?0
M]`E5?'6'H"KXCC.H8GYK':G*GN-/]%;7N->WV]!STG'^/5,T,+8IC)VR-XX_
MP.U'56UV>1C3#0A>Y&FG?OT!(MV!X31@!\.QORS,8XT_`+4501`+NWBD.K,"
M3]A![=`Z7P[#=BQ/B&,GL2RMCMI7LHT&C"D!+`=AKKI\.@5;%AF&1;I#B.+%
M5+NZO8+23H&4_/NH3J&`_;T#:SG->"<'@<UMAPVKKXHV*04M@L<<$<@U;6HJ
M6HF!`)TVJ&/015RKWM\8XZZT5/QKB%;4P*?'#!@J3B8)HH9:F6AHHJ@,8R=8
MU=/\+OT'CQ_[W>&\JJ9+=F_%]BLDSR>.GVX+;XS+)JR"&(*K`.V@U+`:'MW[
M=`=;1S)[:*^\1T3VG$Z.IF\;F"?&K7$]275MIA$M)'3S,JC:4BD>37X>G0&R
MWX]Q?F-&E?CUAPJZ4:.RL]+9+--+`QVD13Q"DWT\X[:*ZJP!_;T#M@X^P9:9
M`N&8H9(U8R*<>LQ8!B%&K?1A=26[_8?3H/;3<=X"LPW8=B4;G85UQ^T$%]B!
M`0*,-M&[77MT"M)QMA]7I#)AV);5D,NZ/'+3N8JORG44>@4=]0"/3H$RLXWP
MBD*QOAV*;AJ?DQRT:G4^CDT1.A_7\.@9M;8,*AF:G3!<2.PL1)_#MG`('W=2
MM&%`.A[:C4CH&55X?A_\58\_\+8OO.,9C4%?P"T>([;Q@R!2GTO?:&("^@8G
MH/_0FYB"3S8/A9IWC1CB]A69F5F9HC:J3N-1IJ1Z::=P.@1ZVSW9I6,*LT,;
MK(6.A8[2`"-1N/R#73OZ=`HT-MJD966%8V21-_D<@D]]P!``!`/IJ-1T#Q,3
M1U*:)Y!&%)[ZD,`/(%'WB#Z@C[>@7Y87J%DJI'*;(UU9S\0`=5#$#8=?U#0Z
M=!"WGCEVXXW)#:EH:B@MLL^QJ^X5RT%I@A.X276[TRR15-6!H'IZ20K%)JKO
M'*&[!6EFWN-M]3?[A!B%5^,SM*359+>Q71K4/"2CR6FA'[RFI"``)I"D913I
MZ@D&AC-1S!RQ'55M#=Z:6RPRR+-45"K:\:@A)TWQU-4M77U:*=5)@<*[G;][
MU"(O.7NC]NO$%TGQ^^9&_+.66E?!=L>XWL=JAM5NJX7:*6BO&17X7"E6JB(V
MRQ1122QD$-IZ`(ZU/YD/"E;'%#2<)<KX=X9C)%<,>Y+MMSM_S#61IL*NV.0X
MU*^]R2(Q&Q^#`ZD@;>*OS&;MQW<8L\XLY#JZREIFIWN-ENL=13.D2LNZW9#B
MHDFG@HZS70S49J:`,NY2C`Z!K`]H'N3Q?W:\.8SRUBL4UOAN*R4-]M#L"UGR
M*AV+=*>GF&BU5(\I$D$H'[R!U)"MJ`$IYJ:.&6#PQF0;BY5@I+#]VK_>UUU)
M&G_IH"L\?T[FI!*LD9`5"251U!!VK\1IW/0<D4)N*2,3(/&S!'.QM6/S;B-H
M[`#N/3[?3H&3<K$KU%5)+&KLJ:EAJJD=]K#0@,_V`'H!I5T,W\3X_'I)L_AS
M,%TT_P#@B\8,VFNNNW<?Z>@__]&P;C](5PO$(O`\P.*XZTA1&U!EM%#HN_5=
MVJ`'4G3OI\3T!`6QQ5Q0QQQA#N!B!.]E0-JSKJNSY@1V)!`Z!1EL%+24\>ZF
M5I&(7OINU+@/I&RD;2IT'8#0=`EU-B\ORQQAM'+;P8D95)+:,0-3H!VTZ!`^
MIFGJGM]D::H2A$M1734Y$?B`DDBCI*>9I$B:9GBT#!M%.C,2%V]!55[F>/N4
M,HR"MKK=2+42S5@@BI*AVFI*2"J/WJ-)'2(%(OF>5%5R%!#?-MZ"+''?M)ON
M<9.](:1'L-NNK39#F%S\"T%174LJ)4V?&+0(FHTJJ4JRO42(QC.I8%E5"$@N
M:.)+SGUJH>&.,;A)BEN>"6U7W*;7$R5,5)4`QW"&RQ+(:FGK*^,%*BL:7ZAE
MW*7.@2,%'A;\I+VZX):Z!*_`:3++@9$K)ZJ_1/5)+5R(/WC0.[*[Q=Q\Y;YB
M2.@D5>_8CP2UK:F/"N!O2NK&2),6L^D:HK1:$BDCDWL['O\`>.NI.NG05N>[
MO\M[A3'>.[EGW'>"T^,7W&F2LNBVV)V^KM+2)%.5CD=Y$DI(Y0Y92"44@]M>
M@$'L<Y$SKVGYY0W6SUU5+A%Z-(F68KYC^#Y)8I]-MYMVY6A@O]KBD\L<J`.5
MC:)R5;3H-9F,W"TY#8+=DMGF@K;;>Z"GN-MK(V22.>FKHA4(ZLK#3Y7&J_!@
M0>_0=LQD4,&))\8'C.FA8$Z=E4DD`_T#H/Y;82':$L?.X,I8JQ'S`A@`=1J%
M!_8>@9EWJ:B&KJHM#*4<*`K#X,K?*.Y*E3Z'3H&%5W(G-L>DV/\`+C68Q[-/
MGVO<\%<'3]!337TZ#__2LAP2D+8=A]1'.J*,1QX,ZJPEVBS4NY`-2K-N;]&I
M(_:!"HJR.!PP`?QEBOQ)(4*=N@U`[ZGXZZ^G0*35RU\A5U3>A!)*-NV$%E5C
MKW(U_7T$/O>;SC>^%.)9:O$;=55^79=>8,6LAIH9*N6VQU--5UUTNOB56+O;
M;71ROJ=%5F#$C33H&)PA_MUY,NN-,F/M8\-2V/4R35`E:>Y-3B*WQL:6!(%^
MCH95,;+N<5%3\B%$4D!,6H]K=SM<=TN&2Y2:R:I%56W>8R;#;OJ2QJ5DG7SP
M_6T]*-D:H3'`^NNXC3H([99<Z2:XTV!\:6$P6BPEK/:8:".86NSTZ1CZN=DT
MF:Z9!4*0J"<N(5*EAJ"B@9N"?:_DM1=#636>IIV>%90U6LCE2P.WS&75M&=I
M'8'NS:Z]]>@LFQOVUU$,$2"D,]2^C-J5\6B(-R-J`JL22`==5TZ!I\E\(KC5
M$9A`AFDB8F)5W`1OV(<$LA9=P.OP&@^/<*X>4\&I:NT9#8:VG0TUQMM92-3,
M=\,D,U,R3(P8ZAF2;U.FI_;T&>[+*>CP['LKXVN<#)?,,NMPAM-1,JFKBL4L
MJUE$8M561C3F?<-"`5)!U).X+5/RH.9[IR'P5F&"WFODK;EQ?EJT5!*\H9J?
M'+]1M56NG/W3M@N-#6H"23WT]`.@M#>K`,+?O(:IZ?QA]=PEC4G<Q^(T*=B/
MCT"I15T3H$J71'8,ID;5WVC0Z]MNC$$]OCI_0"3=J6.-(VIBQ=V8ZZ=M!V.N
MOIV(/IT`=JQ5?Q_CX\+>3^%\P732/:5_$\&??INU#`G377=H>@__T[$<*JI:
M##<.,NR6!\5L"LD;^DIM-*VYF7OW&G8]N@?5OJHU2,QR#60D[)M9'8.!HJOW
M.NI(+'4]`XTI_P!^A\@4S!69@Y`&Y=-FN@T(T&OKIT$>.=KC0IEF!XK56F@K
MI;E!>JN%*^%)XPH:VTC/XR%,JL&(9595?LK?+J"%YWMIXRP],7L5,UIMM3-;
M+7:J2&=:6,K)3T<23(WS;@Z^1V9&[Z^O?H)6YA[:\#S;%OX=2'\&IJF0U-=7
M4*AKC63.C+NFGD;:1"KDQH1XE<[BI('0"O"O9#P=QF?J:.R&X3PDM%-<DAG?
MS22>:>K(^G1%EJ9#J3Z:=O0=`1:_",?M4'_-MKAB&FT210TY7]V"5C.B:*P`
M`3N0#J?4]`SY7ECD=A_F<,2^%_#'"PD;214221-59BJG4LNNGZ@>@B]RE>8W
MGN$514>58D$<$,CZD2NF@4*.TBI"Q)UU^]V/IH%='(%O%7'6E`TC!9]D/W7D
M(330,`?O'L#]XG3OVZ#.5[X;#3VG.1=XD6F2XQO05M2D>V6C>=GC@EJ`BB71
MF8+(3IKH/B.@<'Y3M]FPOE'EW!*FH5*W-K=;[S;Z=ML#UM1C5?/35M/3ZA1-
M-34UX$NT`OXF9NX0D!H7MR5%`I>[Q.VGC\(>,M]T%QME4I_N_F^W3H.&LJYY
M9HY%9&\@WM`"R%8U'RD,"X+$`^OPZ#Q:>I:**2:$D,'\9\SA5UUT!&TJ6"Z:
MD:'H&#5W;_O%Q\:2ZC%\PI_3T=KI@S;=WKH2G]`Z#__4L.P^H9,%Q"-Z=65,
M6L&UE;YE_P"::-EE\;1-\R:_;T"Q:S52S+I-^[&PJ)`I3=Y.X`U4KKJ5_5^K
MH"/!Y%A0OJ6VE2P"@$`@$L->V@.FG00[YGK'M_,N*7IZA*JMM>,24=OM[;-5
MEK;G)4%U8'=3EW@`:0C01IZ_>Z"^7VS9-/!@F/WCZ^.HCK**C@DFB"R""6$O
M$2@7Y-B:%%8Z.RA02?7H++\0OHK[732$EU9%VMH0)/ET+[FU;5B-3^GH/=D]
MQBBM\A1V,FA7Y/%N)(V@ZO\`*6(_5VUZ`.W'(;?0V:AEEGC"RU<L:-N0=HI'
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MF^LI04F:GK*2=J:IB$L0"%3)&3\`-?0>G0([Q2233,RK!#'HH&C&>4?``AEV
MAG^WMIKT'N9:NN9X/IFC@@C7QR@`;P5&JLNI8,/CV_;T`TJJ'_O4L-/XCX/X
M6RS0;FW?Z1A;E]=WW_*`-/33MT'_U;!<*F5\+PUE,B@XOCSK&[AB3':J4.(B
M5^Y(>Z@`G3MT#YH::5:F26*)#&\;;9"64[7)8L4T**VK=AV_:>@>MIK*>FCF
M6K@,GD@8+N`1U=/[%OZPVL="PTU/]WH((^YCV_<D<CYGC>08!EM18HKS7VZS
M7%Q3&N:STT$RB2LIJ&4_2S3"GD4HTQ`CVR-\=>@L*]B?.EJH^"X:;,J^07S#
M\MS7![G:V5GN5[R'',GN]G@BMMO@#UE?^,?3!Z?PJ=5/H"K:!(?(OS1LGXCL
MU11'V_YSD%<LDXH;?OL%L>&D0R14HJH6K:BOIO,%+,)8%8:A2%`UZ")N7?G3
MY%45M);\X]O.7<=VRZ5$%MAOLESMEXM335<ICHOJ'MU0[VZ2ID<11B=81)*0
MJLVH!`N<@\_YO<?;5A_*5JI*VAE:Y7^<6JK;Z:84TUVN-1""_B\<$C4\BE5;
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MFGWRN$]_:O\`PK#B]=Q9?*NJ3E7!K-;<8R`5=**.CJS362DK**"AFDD?\0C;
MSI'Y0B$O&>Y^\0F_Q)9VI\+M\E32J@KZFZ5S1,74QK67.IDB"IIH`8-FNFG?
M7UZ`F?@].\TC&)551M7^TW$;-&+'4#L2.Y]-/TGH.MZ&*F16@]0&&G=M=/B0
M2=^T]OT:]`,*Q/\`O-QV;Z?O_"F9@]I-23=L#"R_K"`]M-.^G0?_UK#./[<&
MPK#UE\I/\.X\D+[M_P`GX73+(55F3377YNXZ`I4M+/0IXRWG0KHIV!74`:`D
MAV#:_#L.@6FGIY8G,U.T<0"+$5`8N5*J/G`8[F;X]O3H'EQ]LJKO26AJ>,BZ
M314=!4N1LHKK6#Z:V550"-S0I4RZ2`:'Q.?B!T$(_;M[31PYS;/56S)LCHLJ
MRN&_5M[R&*_U-50KEM'=<D:[7FDM,D8IHKAD:+1"O6-=S1QP`$!!J$D><#[P
M\\@K\6QVZX/Q+CMBAFM]KR2OL`R'*LN>F7;+=XHZV"HL^.TE1(2]/')2U\K@
M!VV!MBA5YG'!4MPK&MF<<IYGFN5/#+3Y2MO^HJ[-<:,T\453;I+3'#%:*<W.
M1:C?'],I$<H12H7<P6">SCV58;RK^6=%E7+U'DN49)>ZO*J7"[CR#DMYRZY)
MBUJIDM-#6&7);E=IJ&JK*F"=I%A>'0D($"JJ@,^F`\$YU@F:WOBV^<=&MNW#
MF0S6VRVN@K'M"W;$[C=[M?;?704D<80XY>(Z\R1/3::N)(=-\4@(7@FTXQRC
M3XA>[WP[36_*+1CE%CZTT\]2M/24M$(J>*.-([@*.*'Q0Q[E6"-)!&N^,LJG
MH"-/P[9[!B7X=04:VQ[[<K%"MOMR%J.">BO5OO=0:2G,HIZ84=#:Y)SXPJ!P
M/ZS#4.O*J5)[1=O+("S)&8BR(I)A(0`2*@U<E2=QVG:="3IT`EO'&5JRWDSC
MK/;%3T5I?"[!:+IR#64(=KE>ZBII`N,6.>.*5%+EO+.\D@)$;IM.A.@3*HO'
M045.BQB&&&FB^`'C[*\A`4^N\EM3KWZ#V?CL>]`L@<R.%96;4;?]V%('Q_3Z
M^O0/.TK0UA:>1Y`Z([,$4A3N[+IH1V`+:]M._P`/@##K;.O^T_&U\S>`XCFL
MP;1-`JWS``S;M-0&9@/M[?9T'__7M`P6C"X)A)V-Y1BF/2AB-.PM-'IWW$C0
MJ?UCH'G#+((GW1:DK(AUT^5CH`^NC:;M-=#T"Q04DDU/)3R1C5=RQ*X**VJ$
MAE*@CMKZ_P!SH%JQ4,EOJH91-&U1%+'-!*J,'6=)!M;?K]U9%W#XCMT$PHN-
M;'E.48QD&/4U+2W>][,[ACCD,-%^*W32ARFT1S&&H>AIZJIH4F3Y913RE01(
MN[<$A>6,.XTR+":6GR\4]BOT%.JM#D=0^/R4AC3Q[VJJ>1*6O"!-"8JBIA<]
MU9@1T%=T6#<9Y3F-CXDX^-,&RNZ_A>0YM9K73B"UVJ5$END]FKGAFHKCD,E)
MOCI*>/RL*C26H"1`E@GWS)B6&<4^W"T83A%%'8\6Q:GI\>L]KB\Q>"DHXEIB
M9I1'MEKJA6,D\KDR32LTC=V/05%<K46$W/'H,OO&*U,ETQ*C>2ER_%S1TV7V
MFBC,E1-$%K(*BEO-NW(6EHIPT3L`ZJ)`K@%#A+(++S/9H[C@/)?%.31[F@K3
M>*/)<3OE+-"-I@K[!%1Y`YJ(S]Y?K(0[`Z!`0>@.-\Q(X]#&;I>[=?;A!!XO
M);*6:AM=)$ZQ/5);**>:JGIQ4LJ-(\LT\\FBJS[$C5`BMR9`E/;JEH4?8WD:
M--5C1ED(+%]74L$9_3[?U=`L82\XQJQ6BE6C6HO%+:WJZF**.,UA%,`@GG'S
M3/0T"F,,Q.@30%>@,@HI"9(S%O1D5`/FVJ)!IN`()[D_:1WZ#SMV'I5.1%3[
MZE9TV0%6:0#<BLX<OMVJI^'8Z=!("PX]:*1*99T1-U/'YHS'&".XW%AIM)W:
MZ^A/]WH$BNMV.?[7<7ETI/#_``1G<.NT>/3\8XY`?Q;M=VO;T]?AT'__T+7\
M/>D?`<-8D$KB.-QIIJK#?9J,;P.VY!I^GH%B&>*ECE5E5T8J0""_S@G3TUU4
M::_K/KT"\)7FC#02N@#`*2&&[11KL]2`6/<D'H%6T15#NR2]I)AXDD9G`74C
M:QT(V;?MU.G03)XOR-[<V#6^=FF:SM=X8Z@!ECEM]=-#7,DC)KLE@JX)"-1W
M5P?@=`DGS7[D,=P#CVZ2S"BKZDT#3TU%5-!4;G,1*ZPRAD#*_KKI\"3\.@JV
M]G>/<B<Z<QU_N;SF[FELN$S7*CXTQ)4EBMSSO3RT,MSGIH6CBB@5*DQ1;58C
M^T[@C0#O[N?=[_L_QB#'<BP&MJ::N-7%4LELEKK74U,CE6J7N4DBTU#``%[M
MMG4]_E/?H*J;#R3G/(MVGKHI[%:,#T\,-BHJ>ON%WG+&5%%3<9JF*B6E1!H4
M2*0MZF7L00&&98W_``!FE%RA@%.;#>3*!E5OL_E@IKW;C)$'J9[?$`D]91:,
MR2[O(1N4DJ1H$TTR_+*VAMU;4R"IME53Q5/U$;#63?&C^8AWC^77374'7X_9
MT`CY6R%!8;G/]:PC$#,#MC_M-H=5CT*L-=FO<Z'7]`U`W<(8;0T6#XM5>"=:
MN7';//535,]=4/)4U5%3U%48XJNJJTHQ.[EG6(H@/HNF@`2$HJ81+HU.W@!^
M5P/NG1E'<AG"J6UT/8GH"'8*.%9HI*9%$TL)?4@'5"W_`,P,"K;=?E`[]O7O
MT"S4`_5Q0U4"2/)*HW$F-SH%+>4D'8H;4=CZ=!Z:_"*D<BXG-](GS8'R%5@`
M_+XDR+C'53)L_M!O&GP]>@__T;0,`I9*["\)A2-BYQ3'2-)F;51:*0@#30$D
M_#77H'M)::^EA99B$;7:OR!F5V`70``C4-]OV=`LXY15D44<5;*9")`Y).TR
M0C:&8+\Q&X]^Q[_LZ`ITEMIHYXWC(<@AO&S,RJ`6/RR!M#IH?@2=1T#XL%;4
M0W"A"*T-/3S>6616<KX6;274#0KMBD+'MT'?S=QJ^;X-EMUL-8:R]4MKKJBF
MHI62:.0TE.Y"0Q@$C>0`--0?4?#4(_6_W2\M<%V"GHN(/:9G'.?&V#8G;1D-
MVQ+(L,Q>_279X*4/0V7&\KN]H_BBMCC+2U"I4PR!ODC29SM`%?(.1\EYPM=O
MJJWVUXKD,4L`N36/(.1;#;+E1[J"DN$D5QLEXIZ:6.H0U/B955A]1&Z:D*&(
M1/SG&>8:ZGFR"V8IQ!PC87MUT2T6*RS5F<9*9;<(UAI:FWVV&QV:@6KD=RLT
MDK1J$.NH&I"N6KXM]Q6;<D5>=U_N&O46"8ALHK'QY:<0Q:CMF05L=94&X5>4
MW2*EK+A4(]N:&-*:FGC2"97D$CAPH"PV\4T>,898;=5S:,EJCJI'5M@:6H=)
MD@BB"LS*ID"`:ZZ=O@=`B/ROE4CU-/8H?%5S1I/<ZF-6!5((3W$X15`&W1-"
MF@9NQ/<]!9%PKE6.Y9@..7_%;S:;G9KA;(X5J[-5QUE`];;T^AKJ,2QO,L%3
M;KA3RT\T3:/#-$T;!64]`8J>NI9GCH7\<)W,2Q+;G(!"@*3]K:$Z'7H'C;*N
M*C<K(Q)0;X]6"E470DZ:QENY[?K]>@YJJ]4]16I+,=T*MN#1R'1AV^68.H,9
MW+V*ZG4:?'7H%:OY+I3FN+=Y/(F`9]3[=\>S22]\;#7=ZZ;(O73[WPZ#_]*V
M'`)T3%<'%,J1F+%\==I$'HWX)1@@`;=&'IIJ>@,$/@NT/[PA:HC7YD?<P52V
MNFGWB#\?70?'74.FAM31G<8I')1%CAD4@;6*G:C;NVU01^W3H''2011/$ZP2
MHAT1Q(Q))T!*LN_Y"/V'MWUZ!_6*F=B\FU"FI'S'160`JVIVJ02N@UTTT_IZ
M!3BR"JQ.M@H*KRRVRJ8Q4LSM#XYJ-U,4]#,K#5ZFC)V^K,\>TZZ[@`+&`8M:
M:.VY11QPB?'[_*U<E(D0D59*F(&355$9!9!V).@TU!UUZ"-?).39]Q=1&UX[
MCM%?+-]9/44E;)0&HNL$4@!2C2NBIGJ/IBJZ$$.I^&O?H(<95D/.V=R5-)=K
M#4V2UUK"62WVLLZ2TDQ`C\KP4].T4"HQ'B8`G3XZGH%FS8?);+:;7-0-;:2"
M(F5Y(4IWD9`LP?PB,"/<K#4DZG3OW/01_P":^0?),*E)U@H[+;Q'JP$:2>!%
M:-]FW[P#]QZ>GIV!"*.`6^]YK35MPB@EFR3/+M36W'X70L\E'4U:4EJIXX=0
M5:HJ97<@`[@R:^G8,\?M%_,TYU_+?]RW+''O((J<WXM/+^<V7E/C.6<1BV9/
M0Y9<+5>,GP2LJ?/^$Y#1U=#*KP:K25\8V2A7$,T0;9>`_<IP][H./;!S'PKE
M5/EN'WI6IC6*K4ETL=XA$,E=CN1VJ95JK-?;29E\T,NFZ-DE0O#)%(P2:M<]
M14SCRAJG;&65BS`?U5W!"G9=#\>W0=]3:)(?\Y7[LKL0A5=GC4,!N8LP55/^
M"--?@3T##K:"/^/,9&V3<<+SF4C7Y?EOG'BAA)M^[HQ!&FGIT'__T[E,.M=/
M%@6%O3TCJ&Q+&SH$5E\C66@&[>J^C%CZ]_[W0$&SVX1[)'C?R-HRE5U^70$:
M?X6OKW&@[]`_G-*L<4!\J3?('65%*HP8L%#J@*]_U:`^O0>"4T_E7;`*G5BS
M>'YAM[,IWG:I`[CL?[W0+-GKPET>,J%V,8Q"W9"2=!JNO9%'];O^CUZ`R5.)
MVC(K,]MNA"PUREX#"%2:EJU[QU=%(R,8YU+:C74,.Q!4D$`GQGS4,"R2Z<;Y
M:Z1M!4U-+;JPZLM;'3S?3QSP[M6B.Z!@T1+%'U7<=59@F'2\AX*;4Z72JHXY
M9OF$12GD"@IM1@2'70A3W_JG4'7U(1WY1YJP.PTTRP34M2-D\6Z!HT!>,,L;
M+.X50H/8L=.P[>O055\N^X&D@MU0M#603UEPDFV*E1Y6IU+;0#MDEWOL8`@:
M=SZG3H*^;Y=[OFLIHYFUMOF0U3,I5YGUE9:23N`(UVL6[;@.WJW8+F/RP_:_
M<,[S&+G/)Z5Z;`>-0ENPZ*H@18LCS&GII8I)J=6;<]OQ:*1)))`NV2L>-%8F
M*=0'SB?S2*B@7\P+WJ26/QK;*KW2\Y24SQ3:GOR1D4DI4+&H9))F9M0>W]\!
MA[5??)[C_9OD-TO_``?GU=CT-]@A@O\`8*G9<<=O2TI#T\UPL]<LU%-54Q+>
M.;9Y8P[*&"LP(7^>W?\`F>,ZL%+06_W`<,67,)$J$BJK[A%9)BM:E$7025$U
M+.UWH*VH5=6V)3TJ-V&[X@+QN$?SU_R^N;*.@CDY:K>+KY.GBDLW(UDKK>89
M6:,L/Q*U17>TB-CKI)--"#H3H.^@3BK?=-[<VN6-\AKSGQD<*BPC-89,F&:X
MP;9'43W?`*J&!Z@5_C2JFCII'6`_O66-M!\IZ#__U+O>-*:K?C_"_+`RJ,2Q
MQX@Z>1W0V6C!=F!['L?@"#KJ.@+5#99Y$CDCA92-=ZNK!2OS#4*/F.BC]!U_
M7T"__#3!O)4U,<J=S&5>0$AE8K&2RMIH"3VUTZ`.<I<]\!^W>W5%;S)S1Q_Q
MPD=-)7+1Y/EEMH+E44RJS:V^T22F\W*30?=A@D9B1HOVA01[M/YC?@;CZ*Z4
M'M9Q>X<P9C'&])0YCDUNK,9X[I'34&OIJ658,FR'PMW$;14*.1VE/H0HKSW\
MV;WW\YW"?*,J]P&?8V7JUGHL:P6\5.%8O:HY!Y(::AM5BEHVFI7BV@/422S,
MNI9V)UZ#3_\`EC6[DGW&_E[IS'F>17G*;YA/-N5\>7&Z7>6IJ[S;Z2KQO#<X
MM%<]VJ*BKKKA`T^7RTV^9M\310IJP<;0,/*.*^X&:RM-BF7.Z4$8T62GEGKR
MNTCQDK-2[@N\^I.I'V^@5WU]3[BKE=:F@O\`7W)(H)BHC---'),6V:3C7ZKQ
MO)H2W?;J>^OKT#^H,0OC^,WAIU=8]Q[^>9G*H45Y=&6-Y`NGJ--1KIKT%@7L
MK]F5W]Q>:T<E13UMIXMQ>H2;,\B,'@>MJ)`D@QJS3.LL51>JE5'E8:BCIF\C
MZ,T22!I6R^LPS@3A7(KC;Z"@QS"^,L%O%RAI::):6AM]HQVT55=(H`T4'QP,
M6=OF=R68DL3T'Q&_<;G$G)O,O)?(T^IGSKD+-\MD9I?,Y&19#5WA=S'YAM-8
M1H2?3X:]`"*@/L#)\-=P`U/S#3[#\/[AZ!,[_P!/V=`I4YE1B27#'5ONL`/N
MZ$2!M.X[:=`XOXCR'Z+\,_&;G]!IO^D^JJ?#Z;@=FOIIWT]/CT'_U;F*3GSA
MS@CB#$<BYEY&Q+!K?!@^/5$%5D]YI:"2L6&R4+RPVRVEVN5XJ5W$>*E@GD/V
M:]!4S[A?YB?@/`XZ^R<`\=9+RU>X#+'%DV1M%B&'!P2HJ:>D9ZS(Z]&[:))!
M0M\"1Z=!2'S5^>)[Z>;$KH;+FE-Q/:*C=`E#QW1_@=7XB-'6#('WW7R+N*EE
MJ%&X>O?H*AL[Y!R;-+C5WS/+_=LHO-RE>2MJ\CN%9?+K7U.S?+/6UM;6553(
MB,#\YW$GUTZ`%S$5]5%K!"B-.2L4,`"QQN[DB-0`QV!CH?73H#O:Z95:.GBB
MC2G:2*.*-%,:_,5`#IZF0J`!V'8=^@^A+_*[97B7(?M,]U?MVNM+#-+C7+%D
MRF\T7W=UFY,XZLN/6^6,,"R3T]=QC5,L@[*^TC0CH+)^5.`<DX;O-2E7`;SB
M-PE9K5D44#_32)Y&*V^\(J;;?=$C&NW4QR@%HV)WJH0%Y<I,:BGG,<%-%-$R
MQ2>!8P?F`8`,`RZ*S:CN#W.H/0.'VO>RW,O<??7KW9L<XVML\4>09=+3,TE5
M("6EL.-))'X;C=@-?*Q/AHT8-(2[1Q2!HRXWXNP_B;#K)@V$6>FLV.V&E%/0
MT4"[B68^2HJJJ=]9:JNK:AS+/,Y+RR,2?T!41_,`<XU7!OY8WN0N%KF\-WS'
M%5X^MVUS&RME=53VJM92CK(3^'32@`>I.G0?(:OUL8SFJ+A?,X7Y80!KIM7<
MWE(5?M)`[GH&[#;JF?0"-UU)&TQ3$[=I.X`1D%21M'?4G]'?H/1%;9WGE2.'
M<VJE00J=C&63;O*G<X5M`-?3]'0.&DQ>KE=?J&6)#H?EUE<]B=I&B@=^Q[]N
M_P"CH'$<=IOD_=R^0P2$R:-H76"*`-MUTV`,6TU]3ZZ=!__6R57?D#D#DJGM
MMWS+*,@R*I-KH13M>;K<+H]#21PAX:6G:KE?Z>EA1NRKHBD]AWUZ!IU5)+-&
MJ[955-.\.BL3I\A^=M04![D`M_1H0_00BF18]ZIV:;4AAV8$C;&=V@\A.@!^
M4``>G0"2]%ZZ_P`U-3JTI601`Q[2TLBQCZEEW,-6+HW8_9]O0.:RX\\#;I',
M$@=9(Y'(29U0_(BH^HC`.K>G<'UZ`N6F)/JZ)&(*I(K-M;PE-DA;5F6,DE=N
MNH#'3]70;./Y2S(2_.OO7M`$B+<^..(;H4:4,=+)?LLIH0PTU<I%D>@)[KJ0
M=3T%^_YD?YI^`>V"DR_BC#;99LPY/M5DH+AE%?F&*YED/$N$T%UG6G-!DM=B
M5#.E?F`BJ()X+-+66XSQSH14;MR`,P&<?FK<,<A\G6>ST_`.1&\96L%CIIK;
MEDEHM<>7UDE0L.0T>+W2Y970TMFIX&1_HII6U52K3(._02$_+/\`S6?S"..,
MZQ_",XGQ#GSVPM7TS76MS:P4?%&28#B=S_&*Q\@X]R>P6Z:RY#;+8;5)%^'2
M4U1"\TL4,<M-O,BAM(XDY<PCF[!+-R'@5?4U^/WR`RT_UM!56RX4[HS))3U=
M#6QQ3PR)(AT8;HI%^>-W0AB&6C^;&Y8MUA]L7$O"_P!6T=PY.SFJO=9#$/)+
M^`X9#0RRDQET'SW:Z4VTDZ:J1\>P?.:O%D@IZI8:2260D2"021R,5=2NI)6%
M%021L2!W';UZ#BCQV8J2):<>0HJES*BR(T<DB+Y'B2(%5!`4D'X?#H.?^'],
MA6C@D2HDJ;;',SIHGC:CG>.4E9=C?,*Q---25[C7H']:L.\(>2K969IA$ORJ
MQ6/4*Q^]J/(-5(*CU'8]`M-C].$BI@HW-25!(VOXRZFFC4[=VN@5SVTT[]!_
M_]?(7B=--+A6-5KP*8YL?L>W:4#A/HX-\DSLA)=]!JVO93W[>@*\4&[3=)(D
M;QL[LJN5_=$LX??XU8J!VT+?-^OH&?D%R-OHI6^1Y&713(H,2.W9`Y74E=SZ
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M0P1A8:2AA2GI8H5`VQI3H!&B`#T`&GPZ#YZ7\S?[AQRU[T+)@5M,;8]Q7QW2
MXI-%*QE7\>KK[=[S=+C$1#OI5J*&2B`;0]D4Z_#H,P,E#&KR5`2+?$RQDE56
M5A(K`@*X$A5DVD:J-?V'H/7X(6&TQ^H70=E5`=.P(T7LR?:=/U'H$#(*1:.&
MDNZQAOPFNB^LG">9EM<R/3UFKL3^ZA1O.>^ND!_:!"HJ5)DC\SZ0%X0`51?F
MD\RZ.$25W`$H9=WJK?T!XO9Z;ZVG3ZL^(P5C>?0[/&)J%0?7[3ZZ:_HZ#__0
MR*<83K6<>8M)*K%X+<E+%HJ;2**>>A!)(5MP6#0$>NO?H%2ZR+2+(GF6$'?)
MH^W6`@+)*C.ZEI$WL"=&(U!Z`1RQ5-ZO-.DCBHI9#H]/']5$8J=B9`X`58YO
M/&1H=>Q?X:Z=`>*.QO)304,4'[V;]X6,91(F"H\@5V4(OCA*KV.A9N@?-KL\
M=,AE>%"G=(5%/(1XH1([D-XM=Y9M=5W,&&GKVZ!SVH0PKX(D*RN%FF+&9@M0
MX0I%MF_?*/$=Q&F@).O0:HOY5K&I:GW`^YG+JF6,+:[/8[>D>BKJ\M-52Q>,
M*`NT0W1]!KJ`2.@O3_.QY(HK7PKPUP+:\RNN)<D>YCG:Q6:R5=@^J_'*+$\&
MM%WR_+[U33T5922T"6U*6C02,Q5GG`VD!F4,JOY6\=MX4_.=H,+YCY$R?-)J
M>P9S;,7N&3WJL6DI<CR&VT-TQJJF-TNU1!7B>Q7*>.)4U854NJ@L`>@^A-A]
MKAIS4W-57?<(J:-W5!K(L+3LGS::N%\_8?KZ!V97755LQ6ZU%OA>:M-%+'21
MQK\SU$B%(P._8ECT'RL_S=[S/>??![@VNM8T]QM?(URQ2H".'@27$XJ/&ZI*
M=M&58XZNU.@('=@W<DZ=!6%'3O(LIG$:#9&%T?R@TP#L#LUVEFD4,&/<DGH$
M908Y'/A68'<R%5:1`&5]C*NNTH6[C4'LNGP(Z#MI*6*Y4=;;IEI7BJ(IUDAF
MW1K+'(B)+'N31%WHYV@CN=?CIT"9QS5Q3T-78*ZH$=UQZY"V5;RR#]Y'2QI+
M;ZDNH=RE;1&-@WH&+:^FO0$&2B'XO21__3F.X`R>.30%:FV.#Y--"AW'ON^\
M-=>@_]'(]Q(@;":BB4P?76.\7RCE9RD<4/\`GU;6T@4=G3R+5(0--"".^G0)
MU_(F6I'EWAUE1I-P4+%H&DT7<$WE1J/T]^@].'6Z$U,508A%`\7DV-$"6V:N
M#(?G9A+(/B3J"!]O02(I*65:!Y5C.^<LNQ(IT9HMS,SH`!]&&$Q8=U4:C[.P
M=56\T8D`CDEA9#]%#%-*\82)0Q>HC1CXH8&90Q/J"%.@UZ#OAG*!!#(Q"2/'
M++5.2%#N6>16[LVW?M([]@1KT&E3^6-Y-I,1Y)]Q/XG<(::*NR'&(YWD,:*T
M4U!<Z5-K'<?'MC!^\1KW_3T!._F&,\NW)7O)PLX[FEXMV+>UO!;79\@QR'(J
MBT4]WY$S^AK;];*^Q6^EE`N-79,<O$T5=6=I*=VBAT'<L%8//6>YUGOMYQCD
M;CWDS,,>S7CO"N+JF@M4^;7J:2"APGC/"1<+SA5)=*FJFI[W>;]8;C<+C'1E
M!'XXYA_:2:!OB_+C]PD7NH]DOMNYX\PGNF<\;6@Y6RK&NW.,=>IQ7.0J0G;%
M&N762MV+V_=[>PUTZ":N57"BLN*W.\7*58K?9;?57>X3R$!(J.V0O6U<SD]E
M$<$#$DGL!T'R!_>!R!/R7SAR?GT\[U+YOR%FF5&8NKR"/)<FNMVDW-J_9_J=
M=0.Y/ZN@B_;ZR2-`KIYD+;(]GS.S,!HD99P`JQCX=MQ_3T']GA7QU$<1::=0
M-"=)2'6=MR%!HZJ%E'<=BVX=^W0)]RR&SXI9OQ.]"!9PGBHZ*-`UQN%RW/X*
M*DI]&EDDFF"@-IV4DG0#7H$#!K/?$JKYF.1%::]Y)+;I?PVE_L+9;Z9Y8Z2C
MF,88R5"Q.#(>[```G4D=`99#`+I1S"ME\YI[C5N_B^8.J6N2*,`PZ!&+NQ([
M%`">X`Z#_]+(_P`;PQTV3<@VTB/Q55OM.0Q13E(1^]H/I&?9Y%0LTE/J?0C7
MUZ#CO.D%1,#$\:G1FC0"1E02!@1X@=1HP`TW:'7U]>@7L(@@KIEA-4(XF8K(
MSD@+'$"SHTK;M)#,!IN((8=^@*MOKIK?-%8KC6ROYI=EKKG:5HY*4)'K#*5>
M/6:(N%U[]M`?3N"M4S_55*4\2[((*:2%)`79*UW1'$3.!WC0G777<VXDCU'0
M=%)^XCF&_P"IJ9V\J(\RR)$1"`T>WQ_=BEC8@;=>_P"SH+L?Y<_%[GR9[R<P
MX_C#P8]9KM1<I9R[,_T\V,810Z"VR,@53!=K_7TE*P.A,<DA'H3T$U<!Y-K?
M>9[F?=19^1..^'LMPF?+N1.3H+AG5/F]/2SQ62[7BBP_%JN\V;-+13VJ2YVB
MY3I%-3BCGJ*B"$/(\<:Q@*9>7_<]E?`ONRRKC#!:'CU>)ZB+#<2;%9L/FN%!
M;L:SGCO'J/*+/:GR"OK<GI?#!DE;!&:FKFJH0=I=F0=!MV_(K%%@WM1R'AZ"
MCIK)!@.>7&]V3&B]U_$;=C&=4M/>:6MGCO%755$E%=+_``W.6GGC(@E&X*"R
MNS!/'\R'E0\6_E^^Z/D.EE$510<.9-:J&57V,EQRR&+#;>R,O=9%K[['IT'R
M8,\K9*B_7*422*6WP(#&-'B1P[['5CXUD)+-]HT[#H&Q14WU,D6_L88R=G96
M+R[I82P91\LLCG0@^G?MT'=';MA<C0SA8X8:D!=L#LCO))-L5G_=NS$L5.OR
M:'H!#:<:;^/+M-F-5+<[PR"JQ$SR1K0I:00*IK>C`0I=*>8(DO;>%D1A]XD`
M=D2`O%&B+(A5?I0ZJ!V=&0R,LB+]Z5B/7Y@3T'F]-_GT%.3$9?HZN97UCWAO
M-14[TV[?NU9]H]=.V[T[]!__T\=G'696NY<BXW>(9Y-ERL4MHJ3+&VL%3&#4
M(LSL7T:*4,">^B]_MZ`K\AV?9/+41-3U$\LI+HDA5=&D\@+[M3YE9CZ]OE![
M=`/L5JJNV54;$-H952/S3F,F*/19"QB95B!T.W:?30]!(84\]XI[==61H=BH
M*")H4GG6/:X>0`QHRI(NW0'U5=>_KT"K%2K3HE/3-JU/X9`69V58_,QD9Y0I
M0LX;38H';MV[=!U44$4$SR;#O:(Z@Q>*:4[G<R.%C4[PD@[=@O\`OBQZ#1O_
M`"OU;:+/SC[V+HZ2FXU'%5M@AEB59JW9)->*Z6EI`Y^>:::W#10VC.!T"1E^
M0<>_EYTV7V*ZX[DO(.5<MQ7DU-RN$-ALUVQ"TV:OHG>T/3S5%R5KHUX:0S5$
M3Q`JC1Z$,VH0FY']I'&//D-N]T-`.9;/49=1X+=LB/EX_DPNVUU;C%&EHLUM
MK(!<KY^+20X]/]1#4TZ%?$9!\DL7072?DT>_#CFZ>^#G+V]8CQA6<2V:_8KG
M=?;K4UUM%PLU1?L"R.TAZ:W"AM%LK`)J.>Z5L0FDJ?%%(T2LJ1J.@G!^?+[D
MX;1^6%5XI07-4NW*7-]BP6>G64Q--9L9>YY[7N0VU7CI[C9;:C?U=91T'SPK
MG4I45TS5L;;I&?;4(?G`WL=VQ9/%)ND+$C0:?;T'G`9J.,^`@Z0M(LZJS.OR
MI*%\)=O$S(QU)`'8>ITU!2I9D2DAADJ75W:.'8AD\H\T9F<L%9'CV(B*=.P`
M[Z#H/V5V.*^6RE2EA6*ZT]3%7V*Y1+&M=3STR-"B/X?'%+2U1D>.522SQEAJ
M#H0"=BUZBO5#)XXYS6VZ6MM=TI(WW"EKZ'Q^:'R'M)#NT=3W#*1J`=>@4'FE
M$],N^HU-LKH]ODA\@VUMO8QA?N_,'U/]7<`?7H/_U,+.%_\`Y/0?ZQ2_Y*7H
M)89=_8T7^+7_`(4W0#-/[>'_`!C_`.2J.@/%-]RT_P")IO[TW0>Q?_>7_P!?
M0*47W7_QE3_DVZ"VW\C/_P`8.??^B,;_`,CDW0(7YEO_`(D4W^+S+_M#)T#Z
MXF_\FH_UZXV__GM7T$>_R^?_`/2*E_Z0YJ_[,Y=T$T_S=/\`R_\`#O\`^T^3
M/^H</Z#-=4???_VO[YZ!6H_],E_XO%_P(>@\8_\`[P_^,;_)#H'/)]U/^)4_
C_*&Z`/\`&7]C?/\`6&Y_\HAZ!YO_`*53?[VN_P"M+=T'_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g23759g28g40.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g28g40.jpg
M_]C_X``02D9)1@`!`@$`E@"6``#_[0`L4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``E@````$``0"6`````0`!_^X`#D%D;V)E`&3``````?_;`(0`"@<'
M!P@'"@@("@\*"`H/$@T*"@T2%!`0$A`0%!0/$1$1$0\4%!<8&A@7%!\?(2$?
M'RTL+"PM,C(R,C(R,C(R,@$+"@H+#`L.#`P.$@X.#A(4#@X.#A08$1$2$1$8
M(!<4%!04%R`<'AH:&AX<(B(@("(B*RLI*RLR,C(R,C(R,C(R_\``$0@`20!I
M`P$B``(1`0,1`?_$`:(````'`0$!`0$```````````0%`P(&`0`'"`D*"P$`
M`@(#`0$!`0$``````````0`"`P0%!@<("0H+$``"`0,#`@0"!@<#!`(&`G,!
M`@,1!``%(1(Q05$&$V$B<8$4,I&A!Q6Q0B/!4M'A,Q9B\"1R@O$E0S13DJ*R
M8W/"-40GDZ.S-A=49'3#TN(()H,)"A@9A)1%1J2T5M-5*!KRX_/$U.3T976%
ME:6UQ=7E]69VAI:FML;6YO8W1U=G=X>7I[?'U^?W.$A8:'B(F*BXR-CH^"DY
M25EI>8F9J;G)V>GY*CI*6FIZBIJJNLK:ZOH1``("`0(#!04$!08$"`,#;0$`
M`A$#!"$2,4$%41-A(@9Q@9$RH;'P%,'1X2-"%5)B<O$S)#1#@A:24R6B8[+"
M!W/2->)$@Q=4DP@)"A@9)C9%&B=D=%4W\J.SPR@IT^/SA)2DM,34Y/1E=865
MI;7%U>7U1E9F=H:6IK;&UN;V1U=G=X>7I[?'U^?W.$A8:'B(F*BXR-CH^#E)
M66EYB9FIN<G9Z?DJ.DI::GJ*FJJZRMKJ^O_:``P#`0`"$0,1`#\`[-FS9L5=
MFS9L52+5=!FN)&N(9C(YJ?2E/3<MQ1NP\!^.%4-YJ&DS/#LI!!DA:C+4C8_"
M?`]CAIJ>N317+6UJJAHG!:2H8,`*LA%-M^N^$E]>SWL_K3<>0`4!>@`\.N:O
M/+%&9EB,A,'>N7FWP$B*E5)T=>K?Q$/QM1%SFC^$U?@S\5;QZ#MOA5!!=:M>
M2T91*U9&+$TI4"@^T=J[8"Q:WN[BVY^@_`R#BS`#E3V8BH^C*SF,R/$),;,B
M`RX:^GFRK2].N+1`9[AY7IQ$?(F-5VIQ#=]L,<C&B:J+9_JD[CZN2>$AKLQ(
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M,:_$O^[!`/0=\)]]JT58`$@@'IDFTW4["UTZVCFD,;%68*0S?ML":JOB#D8Q
MY"!5(>K,I+"E.)J1Q]ZK^O+,.66*1E$`[5NQE$2%%GJLK*&4AE855AN"#W&$
MVE:E>7>HS)-\$85B(*"JE65=S3EWR.S3S2%3)^RB(@(V"H*"G*OSQ;3[V6PN
M3(B!V(X,I\*@FA'?;,DZSBG#G&(/JH\V'AT#U)9MFQ.WGCN(4FC-4D`8=-O8
MT[C%,V%BN*]JN_)I\F+^8+QVOC!]E85"@]3\8#,>WL/HPIE5%;BIK048^^*W
ML[75U+<[\78\20!\(V4&G@N!ZFE.V:7+/CG*7.R:]W1R8B@`J1R\'#`"E*'Y
M8Z1X_3(0'XC4UV^C;$XXVD;BO7KOE,O$TJ&]QTR%FDM8X,I*!@`H.Y[D$]\;
MFP);W([;?+,*A@016NQ^7SRW`#&G0[CY'<8W"K;,6-3U/4XK'+"JKR2K"M3\
M\1RUZCI]/3$'=6VD=J@DT/[/;,7)!&U":^_WX^6#B.:&L9%:GKOB6)L<U3_R
M]<M#.]E)]F0EHMOVE&_;NOOVR19#+6Y99K;TE+3!TXJ&XUWX\:_Y73)%]<U7
M_JV_\ET_IF5XO^#\%_Q5_F\ZMKX?7?DQG48YTNI#.GIL[M)PJ&IS/*E1@7#K
M6V1;V5G4-]D`$=^(PJ#A]CQC`WY`;_1E.6(&20N]SS91-@+H5;TI#4!6%-]M
M_IRH807XL*TKR\!X=.^->0<!&E0@WW/7&B5U!H:$UJ>YKD+&WDESJ5<JPZ'<
M#&Y;DEB=_:O6G;*)K\\"5TB!>-#]I0WWXZ4(./#<<>OB:G&&O7J!M7*IM6N_
MABK=!T&Y-*'^&#F2/8;(3LI%`?HP&C,@+*0"13M7KEO)S4L:<B0*>WMA!`"%
M6*7]X8F;FAV!/CB$@4-\-0/`]0?#&U-*=L<6Y;,!7^;^N-V%6YT'(,$)A8,J
MAE`(;;<?1\LG.3$?W4OZT?NDB_4/<6,:XG.[F'<<2/H0871VY9?C^$=@.O?K
M@SS#_O>WT?\`$5PJR6:O%G[S]Z(_2%26-8S3ER;N*=,3V_KFS92>>S-U2>N.
M!&RM]D$G;KOC<V*KCQ!(5JCQI2N-%*[[#VWS9L5=FS9L"MJH8T)"^%>F.,9!
GI53[AAC,V'95P+)4;;@@T-=C\LG^<^SH.6#^ZE_6C]TF/\0]Q?_9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g23759g29j97.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g29j97.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0L"4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@``````````````+0```(\````&`&<`,@`Y
M`&H`.0`W`````0`````````````````````````!``````````````"/````
M+0`````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````"&4````!````<````",`
M``%0```M\```"$D`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"``C`'`#`2(``A$!`Q$!_]T`!``'_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P#U5))8WUG<68=9;DY5+['BFG&PG5,MR+;/YJEMN0Q_I[-K[7OKLI]*
MGU;KOT522G927'=>Z?\`5?I-51SF7YN=<V*J\C,R;)V;6^K>^RZQM5+;+*V.
M].GU;;+*Z,3&R,FVG&?:Z+T_K[^F4X+LFW!P:F0W(?[LZX.E^C<GUF],QV;_
M`$L:G(^V=0^S;/7^QY3$E.]F]2Z=T^L6Y^53B5N.UK[[&UM)_=#K7-1J;JKZ
MF74O;;5:T/KL80YKFN&YCV/;[7,<U<UU;I>!T]C,+H]`KZWU8OHJSW3=DU5N
M_IV?;FWV_:]F)2[]%^L_TI^)1_A%T>+C48F-5BX[/3HQV-JJ8)(:Q@#*V>[]
MUK4E)5%UC&N:QS@'/G8TF"8U.T?G+(^M'5+NG8%7H7U8;\NYN/\`;KX->.TM
MLNLR7-=['V^G0^K$K?\`H[<VW&KL]BS^D]`IRLRG/LQ;*JL-^^G*S??U#*L#
M=GVB^RW]-@X?Y[,)OV>RQ_\`.X^%CU?9,E*>I22224U>I]0HZ9@VYM[7O94!
M%=3=]CWN(JIHIK_/NON>RFIG^D>L[I_2L^_+HZSU:Q]>:`_;A56O-%+'C8S&
MVL>RC)>UCM^5D6TV>ME?S'H8]%-*%T\CZP=4_:[H=TKI[W5]*VOW,NN&ZC+Z
MFYC/8YE?OQ,#WV?]JLG_``]"Z!)2DDDDE/\`_]#T[-S<;`Q;,O*?LIJ$N/))
M)VLK8P>ZRVU[FUU5,_26V_HZUF]-Z9?D9PZ[U5L9A8686*3+<2E\%[/W'9^1
M_P!K;V_^%:/T-?JY#,Z5E=1ZL.I=6`;1@V.'2\`$.8'`EG[4R=OLLRK&_P!#
MK_[0T/\`^Y=UGH;22GFNH],R:?K?7U\=/LZE6W!&-2*'TA]-K;+;'VNKSK<5
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ML1756T,8T<^UC(:U)3EU_5K&R'G(ZXX=7RG![`;F`45LL^E5AX1-M=/M]CKK
M'7YEG^$RO3]BQSU*GH_5,;#Z#DY/6:G/->9TFMWVPT,+"VK(;G7V;L'9?775
MZ&?G>AZ=UGI5U>GO77V5UVUNJM:'UV`M>QPD%I&US7-/TFN0\7#Q,*D8^'17
MC4-^C52QK&"?!E8:U)3PO[6ZGE_6"RZQNWZPT.=A]+Z#ZCSCT-+&/R.K]3OJ
MV-R*'U7>I7LK^AZ>/3ZN7^DQ]'Z[_6858G[&Z/<VWJF;8RBWTWQ]GJ?:S$NO
MR+F-M^S;K;68>YVRVNV_U:_YE=%U+HW3>J&HYU/JF@N-9#GL(#QLM874NKWU
M6M_G:7_HK?\`"*3NE=,=BG#.)3]E-8I-'IMV>F#N;5Z>W;Z;7?F)*<2SJ&>W
MZSX70.C!E>!TVJM_4&-8',;2]F1730ZR?U6RKT<7[-0S]-D?:/5_HV);ZVR>
ML=/_`&JWI#+19GFMUSZ6>XUUMV?I+X_FM_K5^GO_`)Q4W_4_ZMEK!5A-Q?3:
M6!V(^S%<6N(<YEMF%9CV7-W-W?IG/4G_`%2^KCL.O!&#7712_P!6OT]U;Q81
ML==]HI<S(]5[&[;+/5WV?GI*;[>H8+\Q^`W(J=F5M#WXX>/4:UWT7NJG?M5A
M97_-3ZLG%9B'I>*ZBHRQCJ6&"0`Y^YS=V]^WWV?3>@8OU(^J>)DLRL?IE%=]
M3Q96\`DM>T[V/9N.UKFN24__T?54E\JI)*?HWJ/H_P#.WI$_9_6]')C[1ZOJ
M;-K=W[*C]2^U[MOVS?\`K7V'^;_1>JMU?*J22GZJ27RJDDI^JDE\JI)*?JI)
M?*J22GZJ27RJDDI^JDE\JI)*?__9`#A"24T$(0``````50````$!````#P!!
M`&0`;P!B`&4`(`!0`&@`;P!T`&\`<P!H`&\`<````!,`00!D`&\`8@!E`"``
M4`!H`&\`=`!O`',`:`!O`'``(``V`"X`,`````$`.$))300&```````'``@`
M`0`!`0#_[@`.061O8F4`9$`````!_]L`A``!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`@("`@("`@("`@(#`P,#`P,#`P,#
M`0$!`0$!`0$!`0$"`@$"`@,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P/_P``1"``M`(\#`1$``A$!`Q$!_]T`!``2
M_\0`:P```@("`P$```````````````@'"0,*`@0&!0$!````````````````
M`````!````<!``("`@$#!`,``````0(#!`4&!P@`"1$2$Q0A,2(505$R%R,6
M&!$!`````````````````````/_:``P#`0`"$0,1`#\`W^/`/`/`/`/`/`/`
M/`/`/`/`/`/`\];K;5Z!5;+>KQ88:HTRFP,O:;;:K%(M8B`K=;@&#B5FYZ;E
M7RJ+*-B8F-:JKN%U3E3223,8P@`"/@4CESWI?VO0J6[/=(V'E+E0;+3GO*V3
M5"[6['-#U2IQ]RK\I+=7;-9,]DHR]_AL=00>FS^@.7+&-(4[:2G$U554"-0O
M9\`\`\#_T-_CP,2ZAD45E2HJN#))**%01_'^9<Q""8$4ORJ))?E4$/J7[&*7
MY'^1`/Y\"JMETM[2M8;Q:F5>NG-L*BIAFN\+:.P>JH=K,PP`B(-&\GDW/U&U
M63.^6<?\TCV!K^-,`^3?8WP0(2Z3VOVL\H\_WOHG<.BO5M3H6A0;M^G48_F;
MJFPK7>UN"*-Z?F=3L+KK6O2LK;[W/G;Q<8DU@5W*[QR4"-5/CZB#9./8+$0M
M,SJLOLBO^@=GV7'L[T2_\8X>W:W[0\>L-WJT?+N('6+,^7K]-R.NQ\\X<,$)
MBV/(1*0_6.+5-=0/PB'3?9-[!NA%"O-+Z(KO%%!<F9K-\MY3@:SI^SGCW#=B
MK(QM[Z/VZG3E/;2)%T5$TR5.B1QF7Y50+*O_`/PK)@LWJJJLC_\`0O?]QSK=
M^B]:Y-J-\S?F7*%=\Z#UCHH]WV7$82<?]-[-5[+K<Y85:_%.K[?4*29G7E&L
M(L^I;M8J(@*!40NY\!7.K>KJ1RE2J_,3<'9M#T;2+.EGN'8AGS(DKI>U:6\C
MG\LTJ-0C3G30;MV43&.9"7E79T8R#B6J[QXJFDG_`'!6)O6H>P=Y*9%4G^_5
M3&.K=4LD59\FX:Y;J6?Z0M'YU&3;0MPMG5VY[36;JY?Y'0HYT!+!.5B"HC1Y
M("E"Q3EU(O6:Y@O<)]P(4%!*8_U+]S$*)2"?X#["4IC'$I1'^@"(B`?ZCX'+
MP#P*;=[!Y[*.H'?&D*5)UQ!RY::Q:>Z;`#=O(PV_[1$J0]WR_BF.>%=%3+6J
MBX"-M^F`!%A<-O\`$P*I2(R$@7P+CDDDD$DT$$TT444R)(HI$*FDDDF4")II
MID`"$3(0```````#X#P,G@'@'@?_T=_CP%]ZDZ;RCC_#KOOVS2[B-IM+9(_B
MCHIN62M5SLTHX3C:GG]$@052<6:^7B?<H1T1'(C^5V\7(4/J7[&*"F\%<];,
M2R:+W%U\:8C.K.F(YBR1QP+>_L%&Y)P*,?&D<XYOJ+=!PC6I*SQJ(IRMUGD&
MB1IBV.G8HB#-)#[!1IRH/3'O@Z.M_7DA==#PGCO&-3NM"P-VK%LX6ST0M3F)
M*$2D\%ILLM:JD/24[`F(YM6JV!E(.J0O)#!4YJU?QRTZ4-I'`^<,3Y@I'_7N
M&9_$42NN))Y/3:S960F+/<K/)*"K+7'0;O87DM<]#NLPL/V>3,V_?R;H0#\J
MYO@/@$K]B?1^EQCG.^'.3Y06W976K27:UVS-FB,HVYNP>'>Q\5KO4EP:F,)&
MK.F,I<K"M(K%`LO:G;5N3Y(FX,F#L<XX#G'+&%97SODD6K$YYD5-B:;6T72I
M7,H^2CD1-(6"P/RII&EK3:999Q)RSXY05?23M=PI\G4,/@2K.3L)6(:4L5DF
M(NOU^$8N9.9G)M^UBHB)C6:1EW<A)23Y5!FQ9-42"=154Y2$*`B(@'@:WW6V
MY].]8;IB'7/J_P`EG]4SGE*G[_EMLW>STR(D8&Y070,OC+2X7GAC.;O;:`&^
M:UF,%E+K]"9=NF%-D&LFY9-5Y<S@[<`?3UPZ3PH]=W6M8UI-TLW6=G)'SG1:
MG5C2;JG<-OE6"3Q1LMI56OD%4IUM4ZP=T[3B8JL1K:B02:JR<.V;HJ'`X-MV
MCVES[P%S_;>E.EK>>IYS53M8]!)@S&5L]OM,F1P,#2*3!%504G;;8%&J@-F_
MY$DBD346751;I++)A+N*:M!;KD.9;16(>V5^MZK1JS?X&$O<"M5[E%P]KB6L
MS',[-7EU7"L/,HM'A`70%10"'^0`Q@^#""@>Q3JR[<_YY0\IYZ)79SM+K*[M
M\3Y/J5E0</H-O:G:1)"][!=&+(%'9<RP+/R/;/-K?0Y%/U&[("F5>HD,$H<A
M<]8SPYBN4<LTVQQ9[!_CIN>DI2Q2T8EI&Y:,Y,2?UW79Y)59*6MMKM%BD%)*
M6=E(L+<JZ:8B1(B10!OO`/`/`/`__]+>WU?5<\PW-;SL.M6R*HV:9K6)>XW>
MW32BI(V!KL&T4>R+]<K=)=VY.1%(020035<.%3%213.J<A!"K3F7)=&[HV>I
M>P_JNOS5/R^GN%ICUY\FV+\B:5`J,HR62B^L=\JK]B4A>G]%AWYEH6,,91//
MH)=)`HFF%7CA(+BQ`!`0'Y^!`0'X$0'X'_80^!`?`I.YX]=O:'!5&E\,X8Z7
MY'C,`5O$_::C#=&\:WF[:_56-HDE91_'VK5\<ZCQ&/V20BE5S(LY2:@$9E5F
M5))V]<"B"A@]G=M*T?UP9G-:MT]U'JG>/3NSO&&:<_<Y5*D9IC-:TC4WCI5:
MMYKS]CM0C9"7A@=.WR9IVQV:PV=>*AD!<KNB)D%-8)IX%X^N>'IZ=T;TQ8H;
M2.Z.KG\%:^B;W!L@95*DQ$#'BRSCFW'V1EESQ^.X;"+F8,W"AS/[#)G>3#XX
MKO"HMP]/TYWUF^"7!CAE!JMKZ8ZZLT2G+TWEK&@92%Y&*='_`%V=QT^POE$J
MEB.7D=G(#BP6-RU1%,1_41>JE_"(0C`<':9U),1FG>T&Y5G6T6$JVL5`XAS!
M2:8<<9&[:.6[R%=7Q"2%E9NMM,A@1^JTS;DF]5(L<ZD96&!P*N8+(;S><ZQ+
M-[+H%]GZ[G.79G57L_9;%*JMX:L5"HUM@9=V\<G*4C9A%Q<>V_@I"@!2%`I2
M_P!`\#7;[EW^9]J=1SN@^L;F&S;GHF<;5F]^IG?FLURS\ZX#S\2I62(MMKDL
MGV&SLX'8+M9KI$P)*\[0I\%*1#B.DU3O55TTTVK@(6[2P'JS.>F,;[/]GM%M
M_M!YPQO"-OU*"YSY/RRKU#GSDOJ.E2=`LU5NDY2='UN(G-0HX9/'V=)*UW!W
M/+M))NH9.,:?LLF9`>S@_H\*I`6SJ'JW=IJ^]4=[MZ+J-1X@Q^R.]P;<Z8_7
M8F6;9#EV6YU24Y-S'R`5JQ_NWJX/4HF(?SRYA=*H),@74"H7/NB-%VWW;<Z^
MR#MW3+?P7Q0ZQOK:A\1YOLUT-DS:\L,:>Y'5K.VULZLA#UF,)M5EOTI<6D8_
M<K.)-*A,$S`Y9MF"J@3/RG9LZ]E?N@V?LR>O>>ML8X4T>&'G71Y?0!A[AI%2
MFL`=47/ZUFE+GDZU)U;!G%IO^A6ZRV$&ZJ%]F#UUFV<+L8%R!PM`[#]WG-F`
MS]1HV)NXKI&Q*[9B^;;MH-.E7CGG3DFBZAI5<H4OI_0^Z0<7.46J_P"`"<^R
M,(5V:255`#N2M&H&7$&7Z0]KO#'-%<&2FMIAM<N;Z#/8*GBW-XH[UM5[8`0#
MI.*Q0<[<R[PL8N4P#_DY%6/ATB_W*NTR_P`^!AH_N`]76ALOW:YWGS$@)5EV
MSF,MFJUO/[%'.VQ_Q.64O5[Z[K5CAWK94!*HBZ:HJ$,`@)0$!\"4:_[&N`K;
M-KUNK=J<M62=:UFT7-U%P.ZYM+NVE2I%>DK=<K(Z386-Q^M"56K0SN2D')_J
MDS8M55U1*FF<P!__T]IB<P[6.[>H'$]TIG\SG/$W*>E+$QG![<X9*2W5^Z4.
M5^\=TQID=!2SZ-_Z#IK\H&H-9D#*+S,@W_SLF@DE^BR`+8/`/`4?L'L_).,*
M#&6>_)V*XWN[RO\`ZGBN$9K%C:MIW?0%RI@RI684ELH5],//NNF=\]4_%&Q+
M4W[#U=%(`,(+3QQR)L<MJ4EWAWZM6+#V!<(9>`S'(:T]0M6/\+Y&]6463RK'
MIA['H.+!J=I;&35T"[D*B>=>D*Q8E2B6B/[(-!UY0NKM0S^%H/*.TT;G::LU
ME(PTK9['2G&B7FD9N:)DS/W6+5)TNUIKK3GLR#-!N[L!EHR/:'77_6<KE13\
M#/RCQSB/'%%<U#)XB8D9^Q/`GM0V#0IIQ=]NVR[+(((R=^U_2Y8HSMQL\F9`
MH_WF28L4@*V8MFK1))!,&G\#J/F#&49N8Z39M)&/>HJ-GC%\W1=LW;=4HD50
M<M7!%$%T5"C\&(<HE$/ZAX&=)))!)-!!--%%%,B2**1"II)))E`B:::9``A$
MR$````````^`\#JR<9&S<;(0TS'L9>'EV+N,EHF3:-W\;)QK]NHT?1\@Q=IJ
MM7K%ZU5.FJDH0R:B9A*8!`1#P(KR+G?G_GYC(QF"X7CN)1LPL1S+Q^19E2LV
M8RCA,H%(O(M*;"0K=\L0H``&5*8P`']?`]G<,^H6ALVD=?Z14+S'Q[PDBP87
M"M0UF9LI!,!*F^:-9ID]0;/$RB(%5(4IP`?X'P%UW;@7B/IZ2J<UT-R;S[LD
MQ1DXYK4Y?0<IIMCE(6+BCJ*,:\WD'\2J[5JB*BIA&(5.>,4$?[T#?`>!+E<Y
M^P:GYM(8U4<2R*K9!+,G49*Y37,VIL)FTG'/D2MGT?(4:,A6M8>,GC<H)JI*
M-3)J$`"F`0_CP/D9!R_S1SVI)K8'SOA>'K390+,JY!DE`S127*`IF`LF>EU^
M%,_*!D2#\*B?^2A_L'@<;KRYS+I*KU;1>=<)ORTDZ.^D5;KD6?VE5^]5.*BC
MQZI.5]\9TZ44,)C*'$QQ,/R(_/@?*K7'W)-,2ED*=RWSI4T)Z&GJY.HUK$LT
M@DIJO6I@O%6B"EDXNLM22,-9(MRHV?M5@.@\;J&35*<AA`0__]3?X\`\`\"E
M?EYMS\U]E73Y.@)K19SV$JRUJ<XFOO\`68"K0#'C9S+OUJ)"\.-(6VW&IRM`
MAH$Z+:[2;19G;Y.P)N',ZP8)J-VJ074>`>`>`>`>`>`>`>`>`>`>`>`>`>!_
"_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g23759g32e12.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g32e12.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````,@``_^X`#D%D
M;V)E`&3``````?_;`(0`"`8&!@8&"`8&"`P(!P@,#@H("`H.$`T-#@T-$!$,
M#@T-#@P1#Q(3%!,2#Q@8&AH8&",B(B(C)R<G)R<G)R<G)P$)"`@)"@D+"0D+
M#@L-"PX1#@X.#A$3#0T.#0T3&!$/#P\/$1@6%Q04%!<6&AH8&!H:(2$@(2$G
M)R<G)R<G)R<G_\``$0@`9`"0`P$B``(1`0,1`?_$`)L```$%`0$`````````
M```````!`@,$!@4'`0`#`0$!`````````````````0(#!`40``(!`P,"!`,$
M!0D)``````$"$0`A`S$2!$$%46$B$W&!,I&A0@:QP=%B%/#A\8*2HB-C)%)R
M,T.3H[,5-1$``@$"`P<$``<```````````$"$0,A,1)!46%Q@3($H;$B$Y'!
MT6*"(S/_V@`,`P$``A$#$0`_`/?Z***`"BBB@`JOS<7(S\3+BXN7V<SK"9/`
M_JG2>E6**354T]JI@!@.X]K[K@S.W)1\Y"AVY"[LBD`:ER.D=:?VOOO+[<HP
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MZ\>90<K*#)^I=U]+M^JJ/9>X]N[5P<V9LK9.7E@GCA2`-I(4;HB\R3/RKL=D
M[XO<E;%GV8N2ILH,!P9/H5B6L!>K\2%M2A6Z]<U73%X<$VO8FXY4=(X+:T=B
MBBBO5,`HHHH`****`"BBB@`HJ+-R>-Q]O\1F3%NG;[C!9C6-Q'C1AY/&Y&[^
M'S)EVQN]M@T3I.TGPI:HUTU5=VT*/,EKE]][DO;^&RC=[^=63%MD;;07W=-N
MX5>7F<1\OL)GQMFDCV@ZEI&HVS-HK(?F?*F?N8.!M_L8PF0K/I8,S$3Y37/Y
M=[19DX-5;TK\R[<:R5>9QT&/U#+((^D#Q\#8U'2F9.[7K.LTE>&=1(F'+D$H
MLCQT_32'$P7</5K.V#`\3$TA<E53HO3I,DS]]",48.-1I1@`T1-].M6,')?!
MREY7'&QT8,B@F"9$K:+'J*@8@L2!`)D#PI61E^I2LZ2(H3:=5L=:@;KM'>\7
M<YPLAQ\K&N[(D>DP=I*G[+'[ZZM8?\M<A<'<IR$;<F-D9F:-H4>YNOT`QQ6P
MQ\[A9G&/#R<61VT1'5B8O8`U[?B7_LM)SDM56MU3EN1I+!89EBBBLAW'O/-7
MN\.7P\;AY!NPH2"Z!A+-INW#2;1]^MZ_&U%.575T%&+D\#7T445J2%</NW>6
MQ,W&X3A<B'_&SP"%@W1=UB;7\/CI?[KS#PN&^1#&5_\`#P_[S3?0CT@%KZQ%
M8CD9&<.F/<Q!+97)F9N9)N9-<7F>0X+1!T;6+6?0UMPKBR'-R,F3-DR[V9GM
MO9BS$"/Q&_2D3E<G$YR8LSXW((+(Q4P;Q*Q:VE0U/BP-D`4C:/J#Q\HKR$Y-
MU3=<SHP'KR?;Q*<+-BS)&UD.TS&TF1Y5&KL..RJ=6N!K$7GRTI1QF]WVB+"Y
M?21:F9"J.RX[#Z3,&8UIMO;R%@,4@&2)\O.@DL9.M&FOR@TXXV&-<O1B14C'
M8<2/)R/L4:=)^9J=N/QV$8\@#:#U`R:KYE]O,PM8R!TO<4D$J6:%!N)&L>$"
MJJEA00TQ:#/C-KTX,Q3VR?2+@6UI0$G%NLI$M_:/A2.NQB%.Y1;=TN/G4C+'
M!PMF3F'&#[F+CMD4@[8`9%R=1_RRUJ=Q-OO\+W3MQC*A.0$J`I;U2UH(C4&H
MN)ES8SD3`^QLR'$\@$%&'J%P?#I3\>'-C`=FV!"97]PB'T\1:*TBU2+2>&>[
M.HGM)\_>^;FRY,HRY4WL2J+E8*J]%`3:+"J39LF1\F7(YR.P@MD)9B++J>L4
MC'#N9A)FZK``U\C3QB7)E*IZ)4,H-[D`Q2E.<G\I:L?4$DLE0]"X?,X_/XZ\
MCCMN1K$'53U5AT(JQ6`[7W3+P,Z9%G989D43O0>-QZE&A_GK?*RNH="&5@"K
M`R"#H0:]KQ?(5Z&Z4<_U.:<-+X,RGYLY#?Q/'XZB"F-GWS?UF('_`$_OKB\;
M,JJ$(]18+(U(,Q5GOW*7F=SRY,;^[AQA41ETV@>J#'^T3>N77D^1<U7YR3KC
M3HL#H@J02%(*M#"X,$?#X4$EB6.IN:2GX\;9FVK$Q\!`K#@BBPO*R,KF`"((
M.@UTOY56=B[%CJ;VJ7)QLJ*68@JL=?$]*@IR;R8*@Z!M!&LP?#R_72`21X2`
M3\:!H:),%>AN?E_32`DR*7S*+C>$@F^H`^=(57;.XGTRH-OQ1^VG/'MX\J6*
MDJ?(SN&M,DMM46@0?A);I3?N`&#M&@4";SJ>GVZ4PQ-M.E*S%F+'KTI0";`C
MYV^\T@%QNR.&6)&DZ7M4S9N1M]:RGXC%B#Y_LJM5GCJC*V-W&UH],D'=\Z<:
MY)@R!XW$@R#>3K\Z%8ABQ-R#)UU$5)FP-B8Q=!?=\XJ&DZIX@6<2G,K%3&0;
M6DZ;A-^O2M?^7.2<G#?BNVY^*P4:D[&&Y))UBX^`K(<3:K@SZFE=OD!NFNGV
MSGMPNY*<>-\J94*Y<6(%F;;,%5D25(U\)KK\2XK=R,GD_B^IG<C5-=2KW4\7
M#W#F8^*BA-P10`0%,1DB?WI_HKFUH_S)P\2\HG!C"OD49&BTL25)^P5Q%X>8
MB\+Y$_LFLK\)*[-46;RRQ*@UI3X$`5B0`+MIY]*N<9%QDB0<ID0)@1!O:JV3
MW$(5Q!V@=+@&VGPJVN1,/'!63T61$DWK.*5>6\;*</F=FZ_4Q\!3\O'.-`^X
M$&-/$^%/`7-D./"`J&[GJ1(FK&7)QV7:[`@Z1>/LIJ*HZOJ%3G`312R00;3;
MPBG/MDA8VS(\8,6/PJ!C@A]H./H)AIZ&\&WQI,*N[[$,;A#'RJ3'F5..Z:LQ
M(^T13$#XVW(P$[02?WANIX8>H#<H5<C*N@)`H"K)W$J``=+F8Z3YT92"Y(!$
MW(/0]10`<C*"?J(6?L&E+:!8X_&1\>][[IB#I1DPG"5;$F_K)DD'^K%3J!Q\
M`WF=NL>9J)^5D0-*@&1L!UC]X36E(I*N#%B2J^/.IQL+VW*;?RO5+-A;"P!,
M@Z&@92F4909+78"0+]*DRAO409P.9#&\$W^5Z3>I<4&17!*F5,'Q%=7\MLR]
MXP!20&#A@#J-C-!^8KG)@;(S*")7QZCQ%=3L6%L/>>+N(.[W(CRQM56$_NMO
M]\?<4^V7)G3_`#$0O+1CH,0)_M-69R\C([$JQ5>@!C]%:;\Q*&Y:J=#A`/S9
MJS2I[65E)W.H]``F218QY5KY=?NENJ3;[4"/B53DRCW,A-@3-M+TW-G;,1(`
M`F(\ZF/#=AN9_61<$3?XS4.7"V*"Q63^$$S\;USM22X%X$8)$P8FQCPI^/\`
MX>50),`SY`B::5MN+`D6(F_\K4*[),?B!4_`U(QM.W-M"FZB8GQ\C0I()B;@
MS'A3MZC$,>OJW$BW32A`-`4@`'U'QL/MFAE925805U!J1\.T+D7U8V^T=8ZU
M&P93#ZVU^%J&J`'HM<GQ$1]\FG8E!96.0)>TW,BC&B.RAFVC\1,?=49B;:=*
M.(#TR,A%SM!!*S8Q2YH.0LOTMZA/G_/3=[;=D^G6*&LJ3UD@STF(^T&C90!M
M.5V7Z3$ZCH?C2X\;9"0ER!,4XX,JZHT^0D?:**/-`"+[C[D8(P]4&PM>U=KL
MK#)W+A9.LN/^V\_HKA;'6Y0P-9!CYUU_R^X_]MQL2G<DNRDZC_#>QK;QW_;;
M3VSC[DS[7R9TOS'N_BTV1N]I8G3ZFKACWMYCVM_768HHK;R?]IYYDP[4./\`
M%1;9TTG]=4LGN^X=_P!?6/"/+RHHKFGLS+1'11168PHHHH`43!C3K\*2BB@`
MHHHH`****`%$R-NO2-9J7_5?YG]ZBBJ77H`?ZK_,_O5>_+G_`-GC?U__`!M1
016EG_:UGWQSYDR[9<F?_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>g23759g35a35.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g35a35.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0MD4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@`````````````"!@```:P````&`&<`,P`U
M`&$`,P`U`````0`````````````````````````!``````````````&L```"
M!@`````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````",<````!````70```'``
M``$8``!Z@```"*L`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"`!P`%T#`2(``A$!`Q$!_]T`!``&_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P#MF],N#`+,=CRWZ3Q<6SK.H#=O=2/3+(C[(T=I^T'P_J+3--+G%SF`
MEVKB>\#9K_9*B,7&'%;>(^1[*M[(_EP_]XR<9<W]G6'48M>TQ$7GM,^[;^>I
M#IML1]D83$3ZYF?WOH+0^S8^OZ-NH(/P*@ZOIX):X5-<.0YP!GYN2]H>'_-_
M[Q7&?Y?[[G6=*R7`>G2RL@ZGUB^1_::H?LC/_=9_GC^Y:[+<5C0QEE;6C@![
M8'_23_:,?_2U_P">W^]#V<9Z_B$\<G'_`&1G_NL_SQ_<E^R,_P#=9_GC^Y;'
MVC'_`-+7_GM_O2^T8_\`I:_\]O\`>E[&/N?M5QR[./\`LC/_`'6?YX_N2_9&
M?^ZS_/']RV/M&/\`Z6O_`#V_WI?:,?\`TM?^>W^]+V,?<_:KCEV<?]D9_P"Z
MS_/']R7[(S_W6?YX_N6XDC]WAX_:CW)>#__0]./$<>:'Z3_],_[F_P#D41(B
M00#!/?P4:Y&*K!_AGGXAO_D50RL.BW)LL?Z>YQUW/VG0`?1E7_3M_P!,X_V6
MJED]/9?D66E@)<>2^.!M^BH\@N-<-Z]?Y371.NZ#]GXO_!?]NC^]+]GXO_!?
M]NC^]2_9-?[C?^W/]J7[)K_<;_VY_M47`?W!_+_!77_68_L_%_X+_MT?WI?L
M_%_X+_MT?WJ7[)K_`'&_]N?[4OV37^XW_MS_`&I<!_<'\O\`!5?]9FWIW3MK
M9->Z!NFT\S[N'?NHK>F=*<Z&`.=R`+).GD"A5]'H).^L$1I#SSY[58Q^FXU%
MGJ-9M>`6CW%P@_2G=M3XPVO''^7^"@G^L6SZ;-^_:-_.Z-=5)196QDA@B>>3
M^524RQ__T?3E%S7DRU^W3B`?FI)*-+#;;WLGRVC^]4,KIGVC)LNV..\\@MC0
M!OYP\E=#<GO8S_,/_DU1RNF>ODV7;'G>>01&@#>X\E'D%Q^4RUVO_P!'7Q-'
M>D?[%_X-_P![?[DOV+_P;_O;_<F_8W_!V?>W^Y+]C?\`!V?>W^Y1<'^K/V_^
M@+K_`*R_[%_X-_WM_N2_8O\`P;_O;_<F_8W_``=GWM_N2_8__!V?>W^Y+@_U
M9^W_`-`5?]9MXF&<>E]6PP7;QN=!DC8[W5_R%;K!#`"`TC2`=P_SBJE%5]%+
M:6U.+63!W$'4EWYA;XH[+,DO`?5M:>73PIH4`!1'T62U3)*+2\SN;M\-05)/
M6O\`_]+TY1<+=WL+0WP<"3/Q#E)#/VC=[?3V]IW3'R497!>+Y^DR.^A_\DL[
M+Z:Z_)LM#7D./:(T`;_!:/ZQ_P`'']I9^5BWV9-CV67-:3H&3MT`&D*/*`8[
M&6JZ)UWI#^QW?NV?@E^QW?NV?@G^PY7^ER/^E_>G9@Y#GAIOO:#W,_\`DE#P
M#]P_:NL_O)/V'3NVE]H;^][8^[Z2M8N#7C5FMCWD%V\F8/&W;[?S5'#Q+*19
MOMM=OVQN(D0#]'W6_O*V!`B9\RIX0B->'A*R4CM=K-$`"28TDZGYITDD]:I)
M)))3_]/TQ_J`?HPTGP<2!^"C.5`]M<QJ-SN?\U$24=>*ZT<Y,_1K(G]YTQ_F
MJAEX][\FQS+K6-)T:S=MX'$."T)MD^UL=CN/'PV+/RQG'(M]')=6R?:T`P-`
MH\E<.MG7I_**Z._1"<3+(_I%_P#TO_)K6]WJG5^T>(&WM_;0/M<.+B+"T\,@
M`#_OR.+)+1M=[@#,:"1.KDH1B+HE4B6:222D6*22224I))))3__4].2224:4
M>^_='I`MGG>./WHA5'67UY[GFYWV<$_H0/%O_D_>KKG/#@`PN'=P($?(K.RK
M,]N38*<C96#[6P--!/YI_.4>0T`==#T_E!?'Z;-VG*#RX2XD#=Q&GA[2Y%#M
MPG4?$0?Q61ZW5/\`N4/N'_D$O5ZI_P!RA]P_\@@,W<2/V?\`?*X/$.PDL?UN
MJ?\`<H?</_()>MU3_N4/N'_D$O>'[LOP_P"^5P>(=A)4JLMXK8+'EU@`WNV@
MR9]Q^DSZ3589DU/#G#<`V)D3SQ]'<I!,%:8E*DF:X.&YO'F"./BG10__U?3D
MDDE&E2BUI$[C,F=)'_?E)))2T#S^\_WIFM(^D[=KIR/^_*2225BW30D'L9)_
MBF:T@>YV[PY'_?E)))2Q;IH2#V,D_P`4S6D#W$D]CJ-/\Y1O:]U1#'/:[2'5
MQNY[;_:H.-H>^!<03I&R.9]GYVW3:@37102N9(T,'QU/\4MK]L;M?WH[?>A-
M=87AQ%H!F6G;`T\&RI^J^"?1?(C337\4K"J?_]D`.$))300A``````!5````
M`0$````/`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P````$P!!`&0`
M;P!B`&4`(`!0`&@`;P!T`&\`<P!H`&\`<``@`#8`+@`P`````0`X0DE-!`8`
M``````<`"``!``$!`/_N``Y!9&]B90!D0`````'_VP"$``$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$"`@("`@("`@("`@,#
M`P,#`P,#`P,!`0$!`0$!`0$!`0("`0("`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`__``!$(`@8!K`,!$0`"$0$#
M$0'_W0`$`#;_Q`#@``$``00#`0$`````````````!@0%!P@#"0H"`0$!``(#
M`0$!`0````````````0%`@,&!P$("1````8!`0,&"0<(!@@&`04```$"`P0%
M!@<1$E83%)75%Q@ATI34%546EM8Q(E)4Y5<(09$RDB/3I'914[0UMC=AT4(D
M-"5UM7$S<[-T-F*Q1<5F=Q$``0,"`P()!P@%"0<$`@,!`0`"`Q$$(1(%,09!
MD=&2$U055191(M)3D],487$R4J*CU!>!H4+B([&R,W/C=*0U!^%B<L*S-#;!
M@D,D\+1C@\-U_]H`#`,!``(1`Q$`/P#N\'\\U[VI#>8ED^,L5,K(:&TIH][$
MY_3/6,-Z*W9PC0RYSJ$MU*2D,;DEL]Y.TMBR_I$^]TK4M-9:RW]C+#'.S-&7
MM+0]N!S-KM%",1Y0M$-U;W#I6P3->YAHZAK0^0^0X%1X0%O0$0$5?655I=3&
MJ^GK9]M/>/8S!K(<B?,=/:1;&HT5MUYP]IE\B3^4;[:UN;R9MO:6\DL[MC6-
M+G'Y@T$GB6$DD<3"^61K6#A)`'&50#0LT!$!$!%<9U/;UC,&1955C7Q[-E4F
MM?G09,1FPCH425OP77VFT2V4J,B-39J21G\HD36EW;,ADN+:2..0587-+0X>
M5I(`</E%0M;)8I"]L<C7.::&A!H?(:;/TJ85FDVIMW3L9!38#EEM2RFG'XME
M6T=A.C26FG7&7'(ZXS#IO)0ZTI)[I'L-)_T"VMMUMY+VT9?V>A74MFX$M>R-
MS@0"02*`UH01AY%%DU/3H9702WL39@<07`$?/50!:%MK6VXA3;C:E(6A:32M
M"TF:5(6E1$I*DJ+89'X2,41!:2UP(<#B%.!!`(."^1\1`137-].LRTYF5L#,
MZ?T-+MJUNWKVO2%58\XKW77&6Y&_53IS;6\XRHMQ9I66SPIV;!<ZUN_J^[TM
MO!K%IT,LL8D8,['U820#5CG`8@X&A^11+._M+]LC[27.UKLIP(H?)B!R+CPG
M`,MU%LIU3AM3Z8L*VIDWLV/S^LK^1JH;\2-)E<K:S8+#G)OSFD[B%*</>VDD
MR(S+'1M!U7>"XGM=(M>FN(XC(X9F,HQI:"ZKW-!H7-%`2<<!@5]N[VUL(V2W
M<N1CG!H-"?.()`P!\A^10X5"E("("("("("("("("("("("("("("("("("(
M"("("("("("("("("("("("("("("("("("("+__T.[P?SS7O:[=T8?C&<9-
M^'NFRREAWM6G0RUFIA3DK6P4MAC`&V7R)"T'OMH?61>'_:,?J]ND:;K6I;@V
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MBZ0PQD@_1<"TD8$B(@D$D',ZUJ,]OJNI03.$+&QL:.!KG9<[J>44(X?I`KXO
M,$T&5EF!3+3%&&Y4/)<AILIH\2PS/XE!*@L55S-JI4V`[4H<DN44B'&*8IC;
MRA/+==2<=)[GR]T/<8ZKH4USI;1*RYECFC@M[IL3FADCF.<TLJXQEK.DR[<Q
M<X&,>:AO-:^%O61W1RF-KF.?)$7`YFAP!S89@3EKLH`#FVY*P+':_"M?RK8>
M%X)5PLGTV>MJ*ZQ2)8U;Z(=9>+1)1)J9:E-PY5G'M(J7R2IQ)\T0HE$:E(1T
M>A:?;Z-OX+:'1[&*&YTXOCD@:]A#62&M6.P:7A[`[$_T;2""2T0+V>2\T0R/
MNYG/CN,KFO(.);A0C:`0ZFSZ1'D)QAISBNFLO#\9RC*=&*"/=Y+K%[%E22FI
MD9&/,VBY#"$/Q9K:USF:]E*U(9?1X5J2>\6XDRYG=[3-W)=(TW4]3W/@;>W.
MK_#]&X.'1!]0`0X$N#14AKAM(-10*PO[G4&W=Q;6VK/,,=ITF84.;+0[1LKY
M1\OE5^S?1[1^XQ/,JZNPBKP]S$M9,)PTK^ODNKGN0\FN=/56\Y^3)V+1%;@Y
MW(;;C+6XRP3#:DFDB)*9^M;I;I7>E:O;V^BQ6CK35[:WZ5A.8MFDM>D<2?V0
MVY<`PDM;E:12@`TV>JZK%<VCWWCI1+:2292,*L;+E%!PUC!)P)J:JGU,TMT4
MKS3CR,9IZ:VH\PT]8HD5&.9:V[.I[.ZQ^OLZ[++V3%736Q6;,Y[DWN<;4J-"
M=XW"62]>\F[.YL!&GMTV&&Z@N[41='%."Z-\D3'LGE+>C?G#G4=GVT%2X$'+
M3M1U=_\`'-PY\3XI<V9[,'!KB"QH.9M*"HIY>"E*_4O3O2"JQ;6`ZW2W'8<K
M3)W%KF++97(0]:/2857<.PWG"/EHU<_'4<9U@EK;6E:E["6>TM^\>[^Z5KIF
M]OPV[-NR733#('"M7DM9(6D[0PCS'-J002Z@=BL-/O\`5)+G2NDU&0MN`]I&
M&%"6U^4@X@[>#8L3_C3F(DT6DJF<78BLR:"-,:OF6Y1I@(<AD:,79?41QN0-
M"^6)*CY4^1(_DVCEO]8Y6R66ZI9IC6L=`'"4!WF@MPA!V4QS4/G>;Y%9;I-+
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M2!NTD-:SS?\`W5%2,#CABI3JUI%HQC6&Y/BS%%6UEI5X8S;89<0*+*).23;N
M(S,<-Z^R=N([02*ZYF--L'RCJ&H_*+4K<(F]RSWJW3W/TW2-2TMEC''=1V8?
M;R-BF,SI&AQK+,&F(LD<`W$AK:DFGFTC:9JFK7%W;7)F<Z-TV61I<P,#33Z+
M*Y@6BIP%30;<:\UWHKAE?I;J'1W^&X='RC!]+CR)FVQJDOHTV-<0J*UEL/RL
MPL"9BY"]-FU*G'FFFVR;0HT+09&E19WNYNCP;L[P65_H]HW4[+3.E#X8Y0X2
M-B>X%T[J-E+G,JYK0*`T(.!7R'5[M^HV$T%W*;::YRY7N:06EP&#!BV@=0$D
MUV@J;_B!PW'I6GF0YX[C,/,,KH=-Z.OK8,T]]O&JUZ78+F90B.EQ!O.1FI+S
M^Q9+3_N.S9N\H+K?W1]/EW?U#7'::R[U2#3HV,:[9"PN?FF`KB0"YV-1_#\F
M90]$NYVW\%D+@Q6S[AQ)'[9H*,K\M`/_`'?,K]A6#XO@=U%J,4P"%"A*T3E3
M96H4=N1SNQL)=C7(D4MA,WCCSGIZ8B)I;34MHFS)&XVK8<[1M%TS0[R*TTO0
M6,A.C.<ZZ`.9[W/96-[MCB[*).$BE!1IHM-W>7-[$Z6YOB7_`!@`BPH``:.`
MVBE<ORUQJ5C33_1S3-6.:-8Z[II799!U'P2VR#+,Z=;F.3JBS9J:&RBDQ9MJ
M0Y5M295L[':;+D%ER2=A*43HYS0=T=VSI^Y^GNW<CNH=1L7RSW)#BZ-XCB>V
MCQBP%SW,:/-.`VD/5A?:KJ`GU:<:@Z)]O,UK(\*.&9P.'#0`$G';Y**@P327
M1:QPRBSBRQ^FF4NGS>HE/F,HR7MR)^@GIJZFPEM-R&V9$N3`AE+0?S4$M_\`
M)O$-&A[J[G7&CV.M7%A"^SL!=QW#O6F)V1CG`$`N+6YQL%7?*L[W4]7CNYK.
M.=XFG,3F#ZH<*N`PP`)R_H5ZL-$]*,7SS3'"YF'T,Z7G>=ZF73J%M/.<CB=3
MC.2V%93$9ND;<:')F5ZD?(9*8-)&9$8F7&YNZVF:YNUHTVDP/EOKZ\D.!-(&
M0S/9'MP#2Z(CY6D8BJTLU?4[FRU&[9=/:V&&)O\`[W/8"[YR`[C6&-?<,TV5
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M<<EM+'K=R)88C'&0]U61G+5C37!IRMP&&`\B@NTW3W-D8ZSC+7NS.&48NQQ/
ME.)Q^56IS.LR=A8]7.9/=+@XG)9FXS$582#8HI<=:7&)-6WO[(;S3B24E2-A
MD9"*[6]7=#86[M2F,%JX.A;F-(G`U!8/V2#L(6T65H'SR"W9GE%'F@JX':#Y
M5]VF?YO=WL#)[;+,@GY%5-LM5EW)M9CEG7M1WGI#+<.8;O+QD-OR'%D2#(MY
M:C_*8^W.NZU>WL&I76JSR:A$`&2%[B]H!)`:ZM10DG#A)\J^1V-G#"^WBMF-
M@=M:`*&N&(X=@4FEZX:N3[&JMI>H&2/6-&J0JJDJG&DX2Y;"HTI;;:$I:4N1
M'4;:S4E1J09I/P>`64N^N]<]Q:W4NO7)N(:Y#F^CF%'4&S$8&HQ&"CMT?2V1
MRQ-L8Q&^F84VTQ'$<5:WM5M27\HCYH]FV1.91$CG#BW*K)\Y4>$KE-^"R6]R
M+<%9NJ-3)))I2E&9I,S,Q&?O1O$_4H]8?K-P=38W*V3.<P;CYHX`TU-6TRDD
MFF*V#3-/;;.M!9Q_#$U+:8$^7Y_EVK[FZM:EV#J'IF;Y&\MN[9R1K_F+S:&K
MZ.@FV+9IIHT--3FD%L2XDB,B'V;>K>.X<'RZU<%PF$P\\BDHP$@`P#@-A",T
MS3XP0RSC`+,FS]D[6_-\BH;#4C/K6ONJJRS#()U;D<]FTOH4FSDNQK>QCIKD
M,39[2EFF3)934122M6TR)A'T2&F?>+7;J"\M;C5KA]O</#Y6EY(D>,E'.%<2
M.C90GZK?(LV6%E$^&2.U8)(VT:0!5H-:@>0><>,J[6.LFJEM60Z>SSW)IU=7
MR(,N*Q*LWG3;E5DAJ57R%OJ,Y#[\.2PAQM3BU*2M)&1[2$JXWOWGNK:&TN==
MN7V\;FN:'/)HYA#F&NTEI`())((JM4>E:;%(^6.RC;(X$$@<!%"*;,1MHK=.
MU/U$LV;R/89ID<QC)41V\@:D6LIUNX1$81&C(L$J<,I*6([24))6W8DB(1Y]
MY=X+EE['<:Q</9<@"4%[B)`T`#/CYU``!7@6;-.L(S"YEI&#'7+1H\VIJ:>3
M%4]QJ'F^08Y5XC=Y/;6F-TCD=ZJJ)LDY$:"Y$C2(<0V=\C=(HL24XTV1J,FV
MU;J2(B(BUW>OZU?Z?:Z3>:E++IT)!9&XU#2T%K:5Q\UKBT8X`T&"RBL;."XD
MNH;=K;A]<S@*$U()XR`3Y2KE4:N:H4%3&HJ//LLJ*B&TXS$KZZ[G0XT5MUQQ
MUQ,9##R.0WG75*VIV&2C,_E$FTWKWEL+6.RLM=NHK1@(:QDCFAH))-`"*8DG
M#A6$NEZ=/*Z::RB=*=I+02?GJH[+R[*)]%'QB=?VTO'HMB[<1Z:3-?>KV;5\
MY9O6"([BU(*8Z<]XU.?I&;JMI^$Q7RZMJ<]C'ILU_*_3VR&01EQ+0\YJOH<,
MQS.J=OG'RK>VUMV3.N&0-$Y;E+@!6F&%?)@,/D4A?U:U+DXS[&R<WR*1C'-4
M03IW[!UZ*<%HB2U!4;AJ>5":2DDH:-7)I2DB(B(BV3W[U;QR:;V1)K5P[3<N
M7HR\EN4;&XXY1P-K04%!@M`TS3VW'Q;;.,7%:Y@,:^7Y_EVJIGZS:KVE>NJL
M-0<JEUSU5(HWX3UO*5'E54MGF\J'+;WR*6B2P6XX;F^M:?`9F0V3[X;T7,!M
M;C7KI]N8C&6F1U"QPHYKA^T",#6I(VE8LTG3(WB6.QB$@<'`Y14.&((\E."B
MX5:O:HJ=??5GV5*=DU;=)(6JYF*-^H95(6U7/$;ADY$;5*=,D'M(N45_28P.
M]F\Q>]YUVZ+G1",_Q'8QBM&''%HS'#9B?*OO9>G4#?@HZ!V8>:/I88_/@,?D
M7-#UFU7KZR#30=0LLBU5;#.NA06;B6B.Q`W4(3#)!.?/C---I0VA6\EMLMQ!
M$GP#.'?#>F"V@LX=?NFVL;,C6B1U`W#S=N(```!P`P%!@OC])TQ\CYGV,1E<
M:DY16OE^?R^4XE4M3JQJ718^O%:;.,EK<?6AUHJN):268[+4A2EOLQ#2OE83
M+ZUJ-:&5(2HU*,R/>/;KM=ZMX[&P.F6>MW,=@01D:\@`':&\+0<:AI`-3Y2L
MI=,T^:<7,MG&Z?RD"N&ROE_2K)!S7+JS'K#$Z[([F%C-L\X_9T46?(9K)SSR
M(S3KDJ(A9-/*=;B-)5M+PI01'X"$*#6=5MK"XTJWU&9FFRDE\0<0QQ(`)+1@
M:AH!^8+<^TM9)V7,ENPW#10.(%1MV'])5VDZI:CS+JIR.7F^2R;ZB9DQZ:W>
MMI;EA6,367(TMJ'*6X;K")+#RD+V'\Y*C(Q*DWFWAFO+74)=:N77T`(CD+W%
MS`X$.#36HJ"0:;05J;IM@R&6!MG&(7D%S<HH:8BHX:%6NPSC,+6G5CUEDMS.
MHUVDBZ54RI[[T!5O+?DR9-B<=:S;.8_(F.K4O9O&IQ1_E$:XUK5[JT-A<ZC,
M^R,IDR%Q+>D<2XOILS$N<2=M25L99VL4O3QV[!-E#<P`KE%`!7R4`P^1185B
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MPB-!>#S.TWZS:AO")0V:SAC?)"R*ADRPO,4@<*D^?YLK:@4CJZA`70RZ+2"P
MRU9*]P:\N^C5[<S:?-BTTKYU!M66EZC16]/(V?+C5Y-2VXJV8*<DIU15KEV2
M*]#3=YRI5SKB"4:S0C>=-23:2@W?F#JG;P1-T"/771QY7!M&]+'E.9^6@DKD
M)X:#SJ@M`+L%6BP<;YUD'.J*XY75P%?H[?\`TX:TQ43R'5.3,T8<U(QIMVGD
MOS*R&TW/AHM78*CSB'BEKMAQ5+*>ILN7-HD?.7\TR+:>P5=_O-)+N>[>'3FF
M&1SV-`<W.6__`&6P/\T?2IYU*;<.'!28-.:S5A87!#F@$X&E?X9>,3LX*J*4
M&O<RO>KJ',:6=(M7[%256C=<K''I&/6&1NT6.7OLO9O*M2>G-M*DR(Z"WF(R
M.4\.\215V._$T#[>QU>S>ZZ=)],,Z(F)TICBEZ%YSU<`7O:/HL&;&M%)FT9C
MQ)-:RM$8;LKFHX-S.;G&&&P'A."DE+KB_D*J!FHP*ZD2\GD7OH5ERXH8[<FM
MQB6<"]LW7W9:>;(C32Y)II:2<>41F6Q)$H["SWT??FQ9:Z',Z6Y=)T8,D0!9
M"[+(\DNPH[`-(JX^08F/+I`@Z<RWK`V,-S>:XT+Q5HV8U&).P*VH_$=22%6B
M8&-6T_FS\=NI*-,KE+N&WLJC8EM6DW234R5SYC3K3,A1*=CK)>U/A(HX_P!0
M;.0W(@TZ63*X!E',_B`S"#R^8<SFEK78N8<V"V'0IF]'GN&MJ#FJ#YOF%_\`
M[A0$$C8115M)K+<9'F>'4$#%2BUUTUE[%\<R?%>L*JTQ2T5638\=V/+3&>8B
M;$.K5R:S>1(23>PT+&ZRWON]0U?2+&#3,MO,)Q+F<TN8^!^1P!#J$-P)-#F#
MAEV%83:5%!:W4S[BKV9"V@-"'BH)J*XXC;A3'@5^N-7FZW)9F/Q<6M;-B)>P
M<1]+-2Z^-&?R^VHW+RJI6F)+J7TL2&R0RY+626F77"V[4?.$Z[WK;;:C+81:
M9+(QD[8.D#F@&=\9D9&`36A%&EYHUI(KABM,6F&2W;,ZX:TEA?EH20QKLI=A
MY,3EVD!8\@9IJ&C\/:]17+TTY(VW*R-3UE65$V-,KE..,MUL2-7I@MP(9N.)
M6VISE9"-PTGM2HB300:QKXW"=O`Z^IJ(#I:O9&X.94@,:&Y0UM2"":N%"#@1
M2<^TL3K@L1#_``,&X%P(.VI)K4_-0<*D</625`5Z&G5$^]F,3IN,MY*A-74U
M]MFD?&U92W3(JN>NR84941UI@I*CY/E3VGL29J*PBWNE@/P<UJ^>9KW0B;S&
M-?<"+IA'DS$M&4AN?97$T&*T/TIK_P"*R5K&EH?DQ<6QEV3-6E":U--M%1UN
MOBV*;!IN38ZU&EY7#HY<OT=<U:^9Q;VR151;5NG5,E6K=8J0XE1F]N["/=)2
MW"4E.FWWY,=GHLVI:>&RW3(W.R2,.5LCPQKQ'F+PRIKYU/("7`@92:*'2WC+
M>>K8RX"K3B6BI&:@%:>3]0HOM_43*H6A4O.>>L2<CCY#,@(E2(44F3BEJJ[B
M[;:HD9J-',V:;8VE1))1J22U&:MIGD_7]3AW)EUKIFNU!MPYN8M;3+\:80,H
M`&$>&S:*FIQ06-L_66V>0B`L!H"=O0Y]IJ?I8_J7U)_$+#B*MEO89>\RKE96
MF--;EUSJ;(\)N*^OR13+#;JI$=J!!L4RMYQ*=]*5(+PEO#[)O[#$;HOTB?H8
MS-1P<PY_AY&LFH`:@-:\/J0*@$#RKXW0WNZ("[9F=DJ*'#I&DM^0U(IA\ZY+
MC\1./U3RTHH[*='1:9#&3)CRH"$S*C&K*OIIUS4I><1Z5-^SENH8C-&;CB(K
MB]I%NDK*[W_L+5Y`LI'L$LHJ'-\Z.%[8W2,J?/J]Q#6-Q(8YU1A7Y%H4\@!,
MS0<K30@X.<"X-=Y,`*DX"H"XKW7"V1'OCQS$">E8_G%)B,IFVMJYF8I-E=)J
MSE.TR9D:P@)G["*&ZZ?)+Y9#I[R$.)+&]WSNA'?=GZ566"]C@<'O8'>?)DJ8
M\P<W-_\`&3YIS!V(#@/L.D1%T/3W5&OA<\4::8-K3-0@T_:`QP(VD+AM/Q$)
MJYMU%5@5V^U3R,P:YVW;T:6Y+6"SD0\BDH;=DH>;:C)<2ILC2:W5'NI+81J+
M"YW^%M->1'0YG-B=.,PDCH1;.RRFA-0!6HPJXX`<*RCT,R,B<+U@+@S#*[#I
M!5HV</#Y/U+FLOQ'8[`GY)&;HK*;&Q]%TCG;$NO-<F=C[,1ZQBO0TNK?KF3Y
MPM#+SFU+KC"T[$^#;G<_Z@V$$^HQMLI'QP"09@YF+H@TO:6U)8,2&N.#BTB@
M7R/09WL@<9FAS\N%#@'5H:\.S$#8"%PGKI<S;W&JFKPJ0RN9F5IBV0Q)\V#(
MG1TP:*/>-.5;L*>41Q]V'*)T]INE^Q6T1&M2%'@=];R:]TZUMM'<"^\?#*US
MFEPRQ"0%A:[+4M=7A^B6C$@K[V/$R&XEDNP0(@]I`(&+BW&HKM%.#:#LJLHZ
M<9ZSJ)2/W;%8NI;:GO0N9/V,";.:4R2=]%E&AK4Y4SD*5L7&?)+B#+;X4F2C
MZ7=[7&:_9OO&6W1-#RW*7M<X4X'AN+'#A8[$?**$UU_9&QF$)DS&E:T('Z"=
MH^48+(`OE"0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
M0$0$0$0$0$0$0$0$7__4]SCS27VG65&M*7FUM*4VM3;B4N)-!FVX@R6VLB/P
M*(R,C\)#D'M#V.820"",#0X^0\!^56X-"#Y%C4]'\#3$H8L2KDU2\:BRXE58
M4MK94UNVS.CIC2BD6U9)BV$Q;J$)4:G7%GOEO?*.<.Z>AB*QCBMG1&V:YK'1
MO?&\!PH:O80]U:;23CCM5AVI>ETSGR!PD()#@'-P-11I!`_0%<>S3$$XK#PY
MJ#+CTU?8,V\-4:VM&+1BX8L3MF[9%RW+*T](^D5&[RO*[V\>PMA$1%)\.Z4-
M,ATAL+FVD<@>VCWAXD#\X?T@=GSY_.S9JU^1:^T+KXE]T7@RN;E-6BA:13+E
MI2E,*47,SIWBL?$6L&:A2"QMF:BP;B+L9[T@I+>0EE"%KL'Y#D]W_G*>4/?<
M4:B^:9F7@&3-`TMFE-T5L+NSP\.#<[B:B7IJYB2X_P`3'$FNPX+X;ZY-T;PO
M'3D4K04IER;*4^CAL51;8-07%[#R60FTBW$-B/$.54WEQ3%/A1):I\:!;,UD
MV*Q:0F9:U+)I]*T_/46S89D-EUHMC=WT.HR"5MVP!N9DDD>9K79@UX8YH>T.
MJ:.!&)X"L8[R:*%]NW*8B2:%K74)%"14&AIPA6(](\(*MH*QB'906\7?N'Z.
M96WUS6VL+T_+?G7#";2#.CS7(L^0^HW&UK4@R(BV;"$([J:-\/8VS(I&-MG2
M&-S)9&/;TKBZ09VN#BUQ)J":<&Q;NT[OI)Y'/:3(&Y@6M(.44;@014`8%?;>
MDV&,\X0U'MD0W[1BY14^T5ZNE@V+%VSD7+UE,Y/76UO+7#"7G"9:02O"G]`S
M2?UNZVCLZ0-CE$+I1)DZ63HVO$@EJR,NR,K(`XY0*[-A(0ZE=G*2YN<-+:Y6
MYB"W+0NI4^::8G]:J(6E^'UUE66\&%-BV-3:W]Q$DL6UFTHY63/MRKIJ2E$I
M+<R#,?:2KD'26TG=^:1>';G#NUI-O<6]W#"]MQ%++(TA[QYTQ!D!H:.:X@'*
M:M'`%B_4;I\<D3W@QN:UI&4;&8-IA@1Y1BN=_3;#Y.4HS%ZM>5<HF1;,R*QL
MDUCMO!A.5T&X?IDRBJGK:'`=4TU(4R;B$GX#V^$9OW=TF34QJS[<F\#VO^F_
M(9&M+&R&/-D+VM):'%M0/EQ7QM_=-MS:B0=%0C8*Y2:EN:E:$XD5HN?V`QCV
M)[/>9/>RWH[T5S+GDKEN9<IRG)\]Y7G>]O\`AWM_>_TC9V%IO8W8/0GLSH\F
M7,ZN6M:9JYOTUJL?C;CXOX[./B<U:T&WYMBM[6E>$-9#[3)JWSL>6.63*[2T
M75%9*K4TZ[8J8YGHLK1RL3R*G^2WS3X=N]\X:&[L:,V_[1%L[XC-FIG?DSY.
MC+^CS9,Y9YN;+7AVXK,ZC=F#X?I!T=*;!6E<V7-2M*XTK^I6!&A&G+:(;:8-
MWR4%JOCL,KRO)7&#BU%@JSJ(C[#MHMF3&JI2UG'0XE26B69%^39`&Y&[[1$T
M0S96!@`Z>8BD;L\;2"^A#'$EH((;4T6\ZS?DN.=E223YC-KA1QV8$C;3:I6]
MIWBK^(NX,Y!>/''IJ[!R(4V63IRG,A/*5K*63I22([D^4W=[9N_,_1\`M'Z!
MIC]*=HKH3V>7YBW,ZN8R]-7-6O\`28[=F&S!1A?7(NA>!XZ<"E:#9ER;-GT<
M/UJB;TKPIO:7HQU:5>V1+0Y.F.-K3GW-_:A*T*>-*D3BBH))'X&B(]S9M,:1
MNQHPK_\`6)!^(VN<1_\`:ITW#^U04^KP469U&[/_`,GU.`?_`!UR<5?T\*X&
M=(\(BP,>KH$*SJVL8C3(-4_3W]W43BK[&64^PKIDZMGQ9,^#.F))UUMY2TJ6
M6WP;3VX,W5T:*"PMX(9(FVS7-88Y9&.RO=F>QSF.:YS7.Q(<2*_I7TZG=N?/
M(][7&0@G,UKA4"@(!!`(&`(7Y*TCPJ<J]=FQK>7*R%V"[,G2,COWI\4JNT5<
MUC-1,78G(IXT"R4;K3<=3:$GX-FSP!+NKH\YO7S1RNEN"TN<992X9'](P,=G
MK&&OQ`80!\R-U.[8(0QS0UE:`-;0U&4YA2CB1@2:KXDZ/8)+YWSBMENG.1EB
M)*E6MB:W2S9]N3D9FKG&]O3'FR-)_*W_`+&P8R;IZ)+TO26[B7]/7SWX_$$&
M7A_:(_1P47UNJ7C<N6089*8#_P"/Z/!P?KX5]R](\)F>G&W(MJW$R-EYNXK(
MV0WL:GF/R6X[,BP54,V"*U-F^U%0E4A+1.'LV[=XS,93;JZ--\:UT4HBN`1(
MP2R"-Q(`+NC#LF<AH!<!7AVXKXS4[MG0D.;FC/FDM:7"E:#-2M,=E:+E<THP
MM;_.RA3V)99&C*T2XES:PY3=PFM14+<:D19;+S<:17-DTZR1\DXG;O)/:,G;
MKZ.Y_2B%[9?B.GS-D>UPDR='4%K@0"P92W81M"^#4KL#+G:6]'DH6M(RUS;"
M-H.(.T*^8KA=%AS=DFF1/6_<2T3K2=:VUE=6,Z2U&:ALKD3[65+DK2Q&92A"
M=XDI27@+Y1-TS1['2&W`M&O+Y7ASW/>^1[B`&BKGN<[```"M`M-S=S71CZ4M
MHT4``#0!6N```VJ5BT4=`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1
M`1`1`1`1`1`1`1`1`1`1`1`1`1?_U?=`.25N@(@(@(@(@(@(@(@(@(@(@(@(
M@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(
M@(@(@(@(@(@(@(@(@(@(@(O_UO=`.25N@(@(@(@(@(@(@(@(@(@(@(@(@(OP
MU)2:2-1$:SW4$9D1J425+-*2/](]U)GL+\A&/A(%`3M1?H^H@(@(@(@(@(@(
M@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(
M@(@(O__7]T`Y)6Z`B`B`B`B`B`B`B`B`B`B`B`B`BQ'K!F=;I[68KE]M&FRZ
M^HRU/.(]<AAR8YS_`!;*:MKD429$5@]Q^:E2MYQ/S"/9M/81\IO9K%OH-MIF
MK74;WV\5UB&4+CFAF8*5+1M<":D855GI=I)?27-K$X![HL":TP>P\`/D6'^^
M;ISPYFWD=%U^.3_-[=[N^]YL7O5:>%;_`-?#QN]%.^;ISPYFWD=%U^'YO;O=
MWWO-B]ZGA6_]?#QN]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZGA6_P#7P\;O13OF
MZ<\.9MY'1=?A^;V[W=][S8O>IX5O_7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8
MO>IX5O\`U\/&[T4[YNG/#F;>1T77X?F]N]W?>\V+WJ>%;_U\/&[T4[YNG/#F
M;>1T77X?F]N]W?>\V+WJ>%;_`-?#QN]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZG
MA6_]?#QN]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZGA6_P#7P\;O13OFZ<\.9MY'
M1=?A^;V[W=][S8O>IX5O_7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8O>IX5O\`
MU\/&[T4[YNG/#F;>1T77X?F]N]W?>\V+WJ>%;_U\/&[T4[YNG/#F;>1T77X?
MF]N]W?>\V+WJ>%;_`-?#QN]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZGA6_]?#QN
M]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZGA6_P#7P\;O13OFZ<\.9MY'1=?A^;V[
MW=][S8O>IX5O_7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8O>IX5O\`U\/&[T4[
MYNG/#F;>1T77X?F]N]W?>\V+WJ>%;_U\/&[T4[YNG/#F;>1T77X?F]N]W?>\
MV+WJ>%;_`-?#QN]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZGA6_]?#QN]%.^;ISP
MYFWD=%U^'YO;O=WWO-B]ZGA6_P#7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8O>
MIX5O_7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8O>IX5O\`U\/&[T4[YNG/#F;>
M1T77X?F]N]W?>\V+WJ>%;_U\/&[T4[YNG/#F;>1T77X?F]N]W?>\V+WJ>%;_
M`-?#QN]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZGA6_]?#QN]%.^;ISPYFWD=%U^
M'YO;O=WWO-B]ZGA6_P#7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8O>IX5O_7P\
M;O13OFZ<\.9MY'1=?A^;V[W=][S8O>IX5O\`U\/&[T4[YNG/#F;>1T77X?F]
MN]W?>\V+WJ>%;_U\/&[T5+<%_$YA&?974XC5TN51)]PJ8B-(GQ:A,1M4.OEV
M"N75'N9#R4K;B&DC2A7A,O!L%KHG^I&BZ[JEKI5M9W3)Y<U"YL>496N?C20G
M8VF`*BWF[]W96TEU)+&6-I4`NKB0.%H\JV/'H2HD!$!$!$!$!$!$!%__T/=`
M.25N@(@(@(@(@(@(@(@(@(@(@(@(@(M6?Q?_`.5$?^;:?^Q6P\R_U8_\7C_O
M4?\`->NBW7_S)W]4[^5JZP1^;5Z$@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(
M@(@(@(@(@(@(@(@(@(@(@(@(@(LY?AL_SLP?_P!>[_PU<CM?].__`#+1?GD_
MZ,BI]?\`\IO/F;_/:NS+5&'>3<(N6\;EW42Y:*)(A'C[JF+&2MB8PM45+K3:
MY*6'D$?*$T;:U((RWMTU$?Z,WEBO9M&NVZ?+,R\&4MZ(T>:.'FU`)H1MRT)&
M%:5KP&G.A9>1&X:PQ&H.;8,#CY/FK4*PQ&+&MSK-+AUC-5X_S:FI($!%CD=S
M$L+:SY>UN;VLK9MC(C5<&O;=C1$*B-LM-+0\1?Z(,3+BWUO6+M[+PV&6.-K<
MTLC7/?5\DC&.<0QK06,!C#6@A]%N<626=I$#%T]7.)HQI`&#6D@`DG$^<23@
ML+^A]5W\:=L:RSS=#K.6957U5+/7F+<VTQNSI(Q-2W5WEH_;53<%IB8<15H4
MIQ,\FB86V;K9#C_A-Z'Z<ZXM[B]#A=3-9&[X@.?"^,4<>D>7L#0),AFSGI<N
M0MS-5MTNFBX$<D<-#$PEPR4#@XX>:,KJ^;7)09:UK0K:/$;"QM<<JI]M5KII
M[["^6KW$2VELI:?=8CN&S/:9GQREQFT/$T^A+S1.;CA;Y&/2]*GN+G3K6>ZM
MC#.YN+#F%*$@&C@'#,`'4<`X5H[$%<[=,CCGD9')G8#MP_3LP-#A48&E1@I&
M+%:$!$!$!%__T?=`.25N@(@(@(M5LT<OX.J4R=)IKJZ6>0Z=-X:V;.8.T<;'
MEJBM9%)A.XX]'IF+>#>K7(DILC63L5*$DE39F1^8ZPZ_AWFEFDLYIC\1:"W%
M+@QB(Y1*6F(B,/;)5SQ,35@`H6U"Z*U$#].:QLK&>9+G^AF+L<H.:KBTMP&7
M8:XU5BK\WUTLHB$27)%1/E6W)R&VL.D/2*0VJ#,9TN`ZU8442$]`*RJH+3#B
M'I2U<H>\^KE&R.%!K.^MQ$!(YT4[I:$"`DQTBN'.:0Z-K2W.R-K2'/..+SF;
M7<^TT>-WF@.8&_7%'><P`X.)K0N)%!LV8%?4K4+7!7IIU$-V`^S35;\&N5B=
MA(WU3(N(NE9P5%3N19"BDS)R)#+D\UH\*"8;4R:S^R:_OF?C'"$L>V%A:SH'
MGZ0@.=O\,M.+I`YIEJ-@8TLJ3;'1_P"$"\$%YJ<X&POP/G5&`;0AORU-:*ES
MR^U'N%YCA[T.\MJ:-6)AFX]C;S#LVTHK_"D-V\%4&@BQ$1KE+LM]MMN=.WD$
MLS;CI0@E:M;OMX;LZOI+XIY;-L>6IA(+GQRV]'MRQ!N62KW`"22HJ<L8`KE9
M0V$7PMT',;*75^G6@<V3S35Q-6^:"2UO!BZI4PUIC7;V06"F(V82#[/FD:?K
MQQ-\N+'U"/(9'*KD'3%S9B6<,X2B<FJ2P3"'?E^<+;?".\??SED=V[_Z`^%Z
M+I:"ZZ4U)Z/`.R]'C(0W*'?*HNDNA$#`71#^/_$S9:F+*-F;$BN;!N-:+'C'
MMTE.=XT<*\EUT_,\NNY\%>*S8T6))1JCBK]38U=WS-M-NW<QGYKAH;6XA#4?
M>(DDDS%`SMH#6].,,SK=]W/(YIA<`T_&0ECF291G$C3(:`D!K:T%"5//P=;*
MXSL$C8F-!S@DCH7Y@6U\W*0W;3$T5RKLZU#QY_%*Z0W8459,R6OALU[6(\HS
M>'>ZO9-5V[,BR?AK;I9":%,=<<E*:4^IXEIWM])E(M];U^P?I=O(V2"V?<,:
M&""HDZ2^F8\%Y:1&>BR%M2W-FJ*U!6N2SL9Q<O:6OD$9-<^+<L#"V@KYPS5K
MMI2G`JNLR[5+(I6/R;)[*ZNKAZC8:J0F-C\Z+)52W./WCUC!NT(QFHYS#JK:
M(RP\E+3T9IV1\Y]\T-.IVVVJ[S:A+827#[J*V9J%O6D3@>CDBD+VR?P8ZM8]
MK6N`:YC7.Q>_*UPPDMM.@;.V,1.D,#Z5<",S7-H6^>ZA()(Q!(&P5(5-69?J
MQ3T]#`K*RSB.,8S1.1Z-O"Y*H+K$K#;ZTO+>19JA.IAV-5DD=AAN(:VR4HTM
MFTKE-XM=MJV]%I:6,%O;2,<VVB(C^'.4AUO*^1Y?E.5[)0UH945-&EIS5&4E
MKILLLSY)&D&1U7=(*X2-#6@5Q#FDDN_3446>-*K7,K*%=-YF\_*E19%`["E/
MT[=,I;-OA^/7<V*AAEIIIU%;;V,B-O;#61M&E9[R3(NWW8N=7N(;QNKO<Z5K
MHBUQC$>#X(I'"@`!#)'N97;A0FH5-J4=K&^(V@`:0ZHS9OHO<T']+0#^G#!1
MO\0M-6Y!B-%46Q33KY>6Q><>CI+$.9^PH<BDM<C(DPK%AO\`;LIWMYE>U&TB
MV&9**NW^M+>^TFRM;H/^'==-KD(:[".4BA+7@8@5JTX5&&T2-#EDANII(J9Q
M$:5!(^DT;`1_*M1^QS3GZ.;>\E%\%CRGPIN]]6]]M%^'74=IW_EAYCO>)V.:
M<_1S;WDHO@L/"F[WU;WVT7X=.T[_`,L/,=[Q.QS3GZ.;>\E%\%AX4W>^K>^V
MB_#IVG?^6'F.]XG8YIS]'-O>2B^"P\*;O?5O?;1?AT[3O_+#S'>\3L<TY^CF
MWO)1?!8>%-WOJWOMHOPZ=IW_`)8>8[WB=CFG/T<V]Y*+X+#PIN]]6]]M%^'3
MM._\L/,=[Q.QS3GZ.;>\E%\%AX4W>^K>^VB_#IVG?^6'F.]XG8YIS]'-O>2B
M^"P\*;O?5O?;1?AT[3O_`"P\QWO$['-.?HYM[R47P6'A3=[ZM[[:+\.G:=_Y
M8>8[WB=CFG/T<V]Y*+X+#PIN]]6]]M%^'3M._P#+#S'>\3L<TY^CFWO)1?!8
M>%-WOJWOMHOPZ=IW_EAYCO>)V.:<_1S;WDHO@L/"F[WU;WVT7X=.T[_RP\QW
MO$['-.?HYM[R47P6'A3=[ZM[[:+\.G:=_P"6'F.]XG8YIS]'-O>2B^"P\*;O
M?5O?;1?AT[3O_+#S'>\3L<TY^CFWO)1?!8>%-WOJWOMHOPZ=IW_EAYCO>)V.
M:<_1S;WDHO@L/"F[WU;WVT7X=.T[_P`L/,=[Q.QS3GZ.;>\E%\%AX4W>^K>^
MVB_#IVG?^6'F.]XG8YIS]'-O>2B^"P\*;O?5O?;1?AT[3O\`RP\QWO$['-.?
MHYM[R47P6'A3=[ZM[[:+\.G:=_Y8>8[WB=CFG/T<V]Y*+X+#PIN]]6]]M%^'
M3M._\L/,=[Q.QS3GZ.;>\E%\%AX4W>^K>^VB_#IVG?\`EAYCO>)V.:<_1S;W
MDHO@L/"F[WU;WVT7X=.T[_RP\QWO%/L)_#'ISF+5L[Z2S:N]%N5S>[Z7HI?+
M^D$V"MNWV7B\ER7,/_RWM_\`)L\-]HO^G&[VL,NW_$7L?1%@_I(G5SY__P"%
MM*9?EK7@HH-YO!?VAB&2%V8']EPI2G^^?*IOW,M.>(\V\LHNH!=?E#N]WA>\
MZ+W2A^*K_P!1#Q.]).YEISQ'FWEE%U`'Y0[O=X7O.B]TGBJ_]1#Q.]).YEIS
MQ'FWEE%U`'Y0[O=X7O.B]TGBJ_\`40\3O23N9:<\1YMY91=0!^4.[W>%[SHO
M=)XJO_40\3O23N9:<\1YMY91=0!^4.[W>%[SHO=)XJO_`%$/$[TD[F6G/$>;
M>6474`?E#N]WA>\Z+W2>*K_U$/$[TD[F6G/$>;>6474`?E#N]WA>\Z+W2>*K
M_P!1#Q.])2W!?PQX1@.5U.75=UE4N?3JF+CQY\JH5#<5,KY=>KEDQZ:.\I*&
MY9J(DK3\XB\.P6NB?Z;Z+H6J6NJVUY=/GBS4#G1Y3F:YF-(P=CJX$*+>;P7=
M[;26LD488ZE2`ZN!!X7'R+8\>A*B0$0$0$0$0$0$0$7_TO=`.25N@(@(@(@(
M@(@(@(@(@(H_.Q/&;.X@Y#8T-3.O*Q+*:^UEP8[\Z&49R0]&YO(<0I;9QGI;
MJVS(]K:W%*3L,]H@3:7IUS=PW]Q8Q/O8Z97N:"YM"2*$BHH7$CR$DC%;F7-Q
M'$^".9PA=M`)`-:5J/EH*J0">M*`B`BPQK=_<6-?S:U_AK)AQV^G_8:?_>A_
MTIE;:/\`T\_]5_S,6OH\_5\@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@
M(@(@(L^Z)_\`"Y7_`/(QW_V\@'>[E_T.J_\`%#_)*J+6/IVOS/\`^17;-*&P
M?RZAR*+76UU`A8KFU?:U,2SYO'E&_7L+K8<>,],C1VK*U>4ZRF06Z9;$[RTI
M21B9K%C</U6QOXK>6:!EM<->QKZ!U6C(T`N`#WFK0[#@J0`M5I-&VUG@<]K'
MF2,@D5(H<230FC<#3Y\%C2/B^06.D4_$I6#V\?()\F=808MB_6II<:L<@OI,
M9#=2Y&R.9*.!B5?8+D,DYNDZTSM-)+7R1<Y'IM_<;JSZ5)HLK;][G.:'EG1P
MOEE(HPB5QRP->7-K](-K0..43W7$$>ILNFWC3```2*YGAK0?.JT"KR*&FPGR
M"J_9N!YIB.;U]EAC#^14S4W'ER8=QNG&A;:_(:=,Z$X[:P^6L*JN/FS\C8HT
MQI[&QMPXRMJ;0]8TK68+C2&.N+0/BJV38WS98\S27MJ]C/,<_&C)64:XQE&7
MMI=6CX[LB.6CJ%NTXM=0X'`G$#RM.(S+:`>EKGD!$!$!$!$!$!$!$!$!$!$!
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M,M$A:34D_1S4V_\`$5'GN)K@L,K@<M:84VTK_(KX)RTH"("("("("("("("(
M"("("("("("("+__U/=`.25N@(@(@(@(@(@(@(@(@(@(@(@(@(L$?B"S2ST\
MQ.AS"GBUTVQI\MB\WC6S<MZO=](4&15;W.&X,ROE*W&)JE(W7D;%D1GM+:D^
M(W[UBXT#2['5K2*-]Q%="C7AQ:<T4K#4-<QVQQ(HX8TK48&XT2TCOKF:UE<X
M1NB-2VE<'-.%01P>1:G]]'4OA;3KHW*_C(>7_G#O%W7I_,G_`!"Z3PG8=9GX
MV>[3OHZE\+:==&Y7\9!^<.\7=>G\R?\`$)X3L.LS\;/=IWT=2^%M.NC<K^,@
M_.'>+NO3^9/^(3PG8=9GXV>[3OHZE\+:==&Y7\9!^<.\7=>G\R?\0GA.PZS/
MQL]VG?1U+X6TZZ-ROXR#\X=XNZ]/YD_XA/"=AUF?C9[M.^CJ7PMIUT;E?QD'
MYP[Q=UZ?S)_Q">$[#K,_&SW:=]'4OA;3KHW*_C(/SAWB[KT_F3_B$\)V'69^
M-GNT[Z.I?"VG71N5_&0?G#O%W7I_,G_$)X3L.LS\;/=IWT=2^%M.NC<K^,@_
M.'>+NO3^9/\`B$\)V'69^-GNT[Z.I?"VG71N5_&0?G#O%W7I_,G_`!">$[#K
M,_&SW:=]'4OA;3KHW*_C(/SAWB[KT_F3_B$\)V'69^-GNT[Z.I?"VG71N5_&
M0?G#O%W7I_,G_$)X3L.LS\;/=IWT=2^%M.NC<K^,@_.'>+NO3^9/^(3PG8=9
MGXV>[3OHZE\+:==&Y7\9!^<.\7=>G\R?\0GA.PZS/QL]VG?1U+X6TZZ-ROXR
M#\X=XNZ]/YD_XA/"=AUF?C9[M.^CJ7PMIUT;E?QD'YP[Q=UZ?S)_Q">$[#K,
M_&SW:=]'4OA;3KHW*_C(/SAWB[KT_F3_`(A/"=AUF?C9[M.^CJ7PMIUT;E?Q
MD'YP[Q=UZ?S)_P`0GA.PZS/QL]VG?1U+X6TZZ-ROXR#\X=XNZ]/YD_XA/"=A
MUF?C9[M.^CJ7PMIUT;E?QD'YP[Q=UZ?S)_Q">$[#K,_&SW:=]'4OA;3KHW*_
MC(/SAWB[KT_F3_B$\)V'69^-GNT[Z.I?"VG71N5_&0?G#O%W7I_,G_$)X3L.
MLS\;/=IWT=2^%M.NC<K^,@_.'>+NO3^9/^(3PG8=9GXV>[3OHZE\+:==&Y7\
M9!^<.\7=>G\R?\0GA.PZS/QL]VG?1U+X6TZZ-ROXR#\X=XNZ]/YD_P"(3PG8
M=9GXV>[3OHZE\+:==&Y7\9!^<.\7=>G\R?\`$)X3L.LS\;/=IWT=2^%M.NC<
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M.>`]U:"N)IB:#AIPJB#202`:#:J!N]I'8$BU:N*IVLB*=1*LF["(N!&4P9$^
MF1,2\<=E3)GL62E$:3^4:&WMF^"2Y;=Q&V;7,\.;E%-M75H*<-3@LS#,'MC,
M3ND.P4-3\PVK]9NZ62LFX]O5ON&<(B;9L(CJS.R85*KB)*'5*VSXJ3<9_K6R
M-2=I>$&7MG(<L=W$YWFX!S3],9F;#^TW%OUAB*A##*T5=$X#'@/!@>(X'R*Y
MB4M:`B`B`B`B`B__U?=`.25N@(@(@(@(@(@(@(K;;75-00U6-[;5E+7I<;:5
M.MI\6MAI==,R:;5)F.LLDXX9;$EO;3_((UU>6EC$;B]NHX8*@9GN:QM3L%7$
M"IX,5G%%+,[)#$Y[_(T$GB"I_:.A-%(XBW@/,Y(\3%`_'DMR8]NZ<1^>DH$B
M.;C,A*H<9;A*2K=-*3,C&OM"QI9.%TPLN#2(@@AYREWFD5!\T$UK2@67035F
M!B<#&/.J*%N-,0=F)HKT)JU+@?E1HQL%)D,1SDOHBQB?>;:.1)<2M;<=@G%)
MY5]:&U&2$[5&23/9X#&M\L<>3I)&MS.RBI`J3L`KM)H<!BOH:YU<K2:"I^0>
M54M3;5M[6P[BGF,V%98,D_#F,&9LR&3,TDXV:B29I,TG^0:[6ZM[ZWBN[242
M6T@JUPV$>4+*6*2&1T4K2V1IH0>!7$2%@M6?Q?\`^5$?^;:?^Q6P\R_U8_\`
M%X_[U'_->NBW7_S)W]4[^5JZP1^;5Z$@(@(@(@(@(@(@(@(@(@(@(@(@(@(@
M(@(@(@(@(@(@(@(@(@(@(@(@(@(MZ_P2_P#$ZD?^ABG_`+F1#VS_`$;_`*3>
M'YH/Y95QV]OT;#YW_P#*MJL[P:5D]UCUK7KBPY5;5YE5/63BW$RXS.0XY+K(
MBHJ6TGODU8/(<66\@R).TC,R(AZ=K>BRZE>6%S`6LDCBN&%YKF`EB<QM*;:.
M()V;%SEG>-MX9XY`2USF&G`<K@37]&"Q=&TNSXM.6L*EG4F43(J:[B(8NTM*
M.NHGL=-NB<F-XLVTXJ4]"E2FY+D=SD-UEDT++]HCFH]V=<\/MT>7HO-N(Y`!
M)3S(S%2,N$(!S%KWAY8<M&,(/TA8NU&R^/-VW-C&YI\WA=F\ZF?@J`0"*XFH
MV'C5I!G=;/H<BQ^WKX^51JF@5D$I]V*JHG7\>HD4,J36P7*62B(S"@J<WC-I
M)O(F+2SR!D6S$[J:W;SV-_87<;=3;%%TKB1D=*(S$XL;T9#0UM>`9A(0S(0G
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MY"3&0Q[YP71ULY(<A:TAI=T[LYD8/VL#M`M[?4;""'(7-H'8M:R@=25KZ@FI
MID%`TG@^95U1@^JA7<*[O:23-K6K=<@\63FY1RCRVL;Q.MJK]Z3#EM1["-!G
M5$M3D52B41OFI*7-Y1C=:Z+O-\9#>7MDY]N):]#\12CA#`QDI+7`.#7,D)83
M^U4!U2L);S3>B?##,!(6TS]'7#.\EM"*@D.;0_)P45!3Z5ZA.RZ6SR"I<>76
M9_A^2KKE92MUEAANHN8>62*WE+>=NH*U<AO(2ZZI]]AK:9[ZW&QHM-V->=)9
MW%_:DF.^@FR=-4`".1LY961W[9C<,SBYS6^4N:LY=1L0V6."2@=`]E<F.UI8
M#YHX,PP%`3Y`"OE.F&KA,52.4EE8,8I30/29YB\3$!N)AUW5WN..UB9)QYDJ
MYOI3#Z)6Q:$F1+-U!HV'\&[>]09:MJ[IVVL;<_3FC0V"1DL196CC)*YK@_$#
M!Q<"%][0TS-(:#(97&F3;5[2UU:5`:T$4_10U6;M*,6O\3@W4&[7+4S(DT$N
M`F9</7+B7_8['8^0J2_)ES'FDNY.Q,5NFHDF9[R2W5$.SW7TR^TN"\AO"_*Y
MT3FYI#(:_#Q"7$N<1682&E:<(P(51J5S#<OB?%2H#@:-R_MN+=@'[!;_`.N*
MM6NT2!.QS'8MG`BVD%W+6.7@S.7YL_N8YDKC?*<V>CO?LGD)66ZLOG)+;M+:
M1Q=]XX)M.L([B!LL)NA5KJT/\*8BM"#@:';M"VZ,Y[;B=T;RU_1'$;?I,\M5
MK7[*8)P%C/YKOKH><=FZ+W%;?>>\70_$7G79/L^BGLI@G`6,_FN^N@[-T7N*
MV^\]XGQ%YUV3[/HI[*8)P%C/YKOKH.S=%[BMOO/>)\1>==D^SZ*>RF"<!8S^
M:[ZZ#LW1>XK;[SWB?$7G79/L^BGLI@G`6,_FN^N@[-T7N*V^\]XGQ%YUV3[/
MHI[*8)P%C/YKOKH.S=%[BMOO/>)\1>==D^SZ*>RF"<!8S^:[ZZ#LW1>XK;[S
MWB?$7G79/L^BGLI@G`6,_FN^N@[-T7N*V^\]XGQ%YUV3[/HI[*8)P%C/YKOK
MH.S=%[BMOO/>)\1>==D^SZ*>RF"<!8S^:[ZZ#LW1>XK;[SWB?$7G79/L^BGL
MI@G`6,_FN^N@[-T7N*V^\]XGQ%YUV3[/HI[*8)P%C/YKOKH.S=%[BMOO/>)\
M1>==D^SZ*>RF"<!8S^:[ZZ#LW1>XK;[SWB?$7G79/L^BGLI@G`6,_FN^N@[-
MT7N*V^\]XGQ%YUV3[/HI[*8)P%C/YKOKH.S=%[BMOO/>)\1>==D^SZ*>RF"<
M!8S^:[ZZ#LW1>XK;[SWB?$7G79/L^BGLI@G`6,_FN^N@[-T7N*V^\]XGQ%YU
MV3[/HI[*8)P%C/YKOKH.S=%[BMOO/>)\1>==D^SZ*>RF"<!8S^:[ZZ#LW1>X
MK;[SWB?$7G79/L^BGLI@G`6,_FN^N@[-T7N*V^\]XGQ%YUV3[/HI[*8)P%C/
MYKOKH.S=%[BMOO/>)\1>==D^SZ*>RF"<!8S^:[ZZ#LW1>XK;[SWB?$7G79/L
M^BGLI@G`6,_FN^N@[-T7N*V^\]XGQ%YUV3[/HI[*8)P%C/YKOKH.S=%[BMOO
M/>)\1>==D^SZ*GNG>F>F6274N#9Z?X\MAFJ>EH)ER\95RR)D%E)FHKDS-.Y(
M5X/Z1>[O;N[N:E>2P7.@VYC$1<*&08AS1ZSR$J#?W^H6\+'QWK\Q=3]GR$_5
M^193GZ*:!5:H*++"\;@KLYS-;7(E6MTPN=82-XV841+ETE4B2Z2#,D)VJV$9
M_D'43[G;BVQ@;<:/;L=*\,8'/D&9QV-;63$GR!5C-6UJ3.8[N0AHJ:!N`'"?
M-P"M<;3#\-4N%;V4;'L.>@4"G$W<M%[;<A5&VT3R^?N'=DF*1-'O$:]A&7R;
M1&CW;_T[EANKB.PM#!!7I'=(^C*"OG'I/-PQQ6QVH:^U\4;IY0]_T1E;C\WF
MXJG:TZ_#%(Y$H]'ADE4F*S-CMQKRWD//Q9%HW2,/,LLW2W7"=N'4Q2(B,^74
M2-F]X!K;N_\`Z;O+!'96;BYH<`)'DD%XC!`$E360AG_$:;5D;[>%M<TTH`-#
M5K1C3-]7ZN/S8J6=W[1;[NZ?RV^ZX%KX$W.[@AYTOO%&[;U;KS^)OHJ88GI[
MA."G//$,;A4*K0HI3U1'K!Y4E,/G!QDKY]-EDDFCE.;-W=V[WAV^`6VEZ#HV
MB=.=)T]D!ERYLI<:Y:T^DYVS,=GE46YOKN\R?%7!?EK2M,*TKL`\@4Q%NHJ`
MB`B`B`B`B`B`B`B__]?W0#DE;H"("("("("("("("("("("("("+#&MW]Q8U
M_-K7^&LF'';Z?]AI_P#>A_TIE;:/_3S_`-5_S,6OH\_5\@(@(@(@(@(@(@(@
M(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(LL:.__9I__09/_<:L=7NA_F5Q_4'^
M>Q5>K?\`;Q_U@_D<LPY=BQ9*>-N(5%:D8_E5+D")$A@G728KI27Y4:,X1;[+
MDM""29D9)/86W:.PU73!J/9S@6B2"ZCEJ14T8:N`.T%PP_E53:W/P_Q`-2U\
M;FX?*,"?F6.6=-,F=;U#*TE8_-3G[ZW9D$Y>2N%'YI7/,UBXUS)DNV<-M4]3
M:^;))4:"RCDXZ=A[!SS-W-2<W7_B9;=XOW5<W-,:96$,I(27M&:AR"K(VC+&
M**<=0MP;'HVO'0C`T9PG&K0*'"N.UQ-7*-.:!SFZ6E5!NFF,Q@.7-A/R+TA>
M(.;-G9!*R"%7MI)YU#$9F39O*5.)HII/,M.)(]JDE7.W&G;9V9AO`W5HS(YT
MN:3SG.E,K6C$@`%[B9`WI,S6N`Q(4@:TPRRYXB;5V4!M&X`-#2?E-`/-KEH2
M%L;5QY<2LKHMA,](3XT")'FSS;)HYTMF.VW)F&TDS)KG+R5+W2\"=[8/0;:.
M6*VMXIY>DG:QH<ZE,S@`"ZG!4XT5%(YKI)',;E87$@>05P'Z%7#>L$!$!$!$
M!$!$!$!$!$!%_]#W0#DE;H"("("("("("("("("("("("("*&Y5'CRK3`V)<
M:-,CKRV7RD>9&8EQG-W!LT6CE(\AMUES<6DE%M2>Q1$9>$B%1J<<<MSH;)8V
MOC-TZH<`X'_ZUQM!!!QQQ&W%2K9SFQWKFN(=T0Q!(/\`21\(5]]`8[PWC7N[
M2^8B;\#I_=MM[&/T5IZ>?K$G/=RIZ`QWAO&O=VE\Q#X'3^[;;V,?HIT\_6).
M>[E3T!CO#>->[M+YB'P.G]VVWL8_13IY^L2<]W*GH#'>&\:]W:7S$/@=/[MM
MO8Q^BG3S]8DY[N5/0&.\-XU[NTOF(?`Z?W;;>QC]%.GGZQ)SW<J>@,=X;QKW
M=I?,0^!T_NVV]C'Z*=//UB3GNY4]`8[PWC7N[2^8A\#I_=MM[&/T4Z>?K$G/
M=RIZ`QWAO&O=VE\Q#X'3^[;;V,?HIT\_6).>[E3T!CO#>->[M+YB'P.G]VVW
ML8_13IY^L2<]W*GH#'>&\:]W:7S$/@=/[MMO8Q^BG3S]8DY[N5/0&.\-XU[N
MTOF(?`Z?W;;>QC]%.GGZQ)SW<J>@,=X;QKW=I?,0^!T_NVV]C'Z*=//UB3GN
MY4]`8[PWC7N[2^8A\#I_=MM[&/T4Z>?K$G/=RIZ`QWAO&O=VE\Q#X'3^[;;V
M,?HIT\_6).>[E3T!CO#>->[M+YB'P.G]VVWL8_13IY^L2<]W*GH#'>&\:]W:
M7S$/@=/[MMO8Q^BG3S]8DY[N5/0&.\-XU[NTOF(?`Z?W;;>QC]%.GGZQ)SW<
MJ>@,=X;QKW=I?,0^!T_NVV]C'Z*=//UB3GNY4]`8[PWC7N[2^8A\#I_=MM[&
M/T4Z>?K$G/=RIZ`QWAO&O=VE\Q#X'3^[;;V,?HIT\_6).>[E3T!CO#>->[M+
MYB'P.G]VVWL8_13IY^L2<]W*GH#'>&\:]W:7S$/@=/[MMO8Q^BG3S]8DY[N5
M/0&.\-XU[NTOF(?`Z?W;;>QC]%.GGZQ)SW<J>@,=X;QKW=I?,0^!T_NVV]C'
MZ*=//UB3GNY54Q:VK@K6Y`J*>`ZXV;2WH%16PGU-&M#AMF]%BM.\FI;:3,MN
MPS(ALCM[6$ET%I#&XBE6QL::;:5:T&E0,%BZ21X`?*]P^5Q(_656#<L4!$!$
M!$!$!$!$!$!$!$!$!$!$!%__T?=`.25N@(@(@(@(@(@(@(@(@(@(@(@(@(M<
MOQ/Y#=8KI_5WV/6#]5<0,MK^9SXVYRS'.JF]AR-SE$+1^UBR%H/:1^!1CS[_
M`%)O[S3-!MKZPG=%=LNF97"E1F9(T[:[6DC]*O=WH(KF]DAG8'1.B-0>&CFD
M?K"T+[P>L_W@W?\`!>:#P_QYO?W[-]GT5V78>D]29^OE3O!ZS_>#=_P7F@>/
M-[^_9OL^BG8>D]29^OE3O!ZS_>#=_P`%YH'CS>_OV;[/HIV'I/4F?KY4[P>L
M_P!X-W_!>:!X\WO[]F^SZ*=AZ3U)GZ^5.\'K/]X-W_!>:!X\WO[]F^SZ*=AZ
M3U)GZ^5.\'K/]X-W_!>:!X\WO[]F^SZ*=AZ3U)GZ^5.\'K/]X-W_``7F@>/-
M[^_9OL^BG8>D]29^OE3O!ZS_`'@W?\%YH'CS>_OV;[/HIV'I/4F?KY4[P>L_
MW@W?\%YH'CS>_OV;[/HIV'I/4F?KY4[P>L_W@W?\%YH'CS>_OV;[/HIV'I/4
MF?KY4[P>L_W@W?\`!>:!X\WO[]F^SZ*=AZ3U)GZ^5.\'K/\`>#=_P7F@>/-[
M^_9OL^BG8>D]29^OE3O!ZS_>#=_P7F@>/-[^_9OL^BG8>D]29^OE3O!ZS_>#
M=_P7F@>/-[^_9OL^BG8>D]29^OE3O!ZS_>#=_P`%YH'CS>_OV;[/HIV'I/4F
M?KY4[P>L_P!X-W_!>:!X\WO[]F^SZ*=AZ3U)GZ^5.\'K/]X-W_!>:!X\WO[]
MF^SZ*=AZ3U)GZ^5.\'K/]X-W_!>:!X\WO[]F^SZ*=AZ3U)GZ^5.\'K/]X-W_
M``7F@>/-[^_9OL^BG8>D]29^OE3O!ZS_`'@W?\%YH'CS>_OV;[/HIV'I/4F?
MKY4[P>L_W@W?\%YH'CS>_OV;[/HIV'I/4F?KY4[P>L_W@W?\%YH'CS>_OV;[
M/HIV'I/4F?KY4[P>L_W@W?\`!>:!X\WO[]F^SZ*=AZ3U)GZ^5;8_A4U(SG.;
M?,HV6Y'/O6*^IJY$-N84?9'>=G.MN.-FTRT9*6V6P]IGX!ZC_IAO#K6M76KQ
MZKJ#YV1Q,+0ZF!+B"10#@7-;QV%G9QVCK:`,+G&M*XX+:VXRRBHK2AIK*6MJ
MSR61+C4\1J+*DKE.08CLV4>V.RXEM+3#1_I&1J49$DC,QZA=ZI965S8V=Q*1
M<W#G"-H#B7%K2YVP&E`.':<!5<Y%;331S2QMK'&`7&H%*F@V_*K=!SRCLJ6V
MNX4>_?:H['T3:5R<:O2OHMAN0'3C*H3@%:K4F-9L/&I+1I2RO?,R2E1E'AUR
MRN+.ZO(63N;#)D>SH9.E:_S33HLN<X/:[!M`TU.`-,WV<T<L<3RP%[<P.9N4
MC''-6FT$;=N"MU7JKA5W+B0:FRD39,]=.W"0W6V#:9*[JLCW<=++K\=EI2XM
M-+;E24;V^PRK:HB/:0CVV\^C7DL4-K<.?)(8PWS'"O2,$@H2`,(W![QM:TXA
M;)--NX6N?)&`UN:N(PRDM/#PN!`\IV+(HZ!04!$!$!$!$!$!$!$!$!$!$!%_
M_]+W0#DE;H"("("("("+'>5:ETN'WE727%==I]+,O2&+AN/`11,L0T\K9/S+
M&791"C,U478](4I.ZVT9&1G\@Y_4]X[/2;VVL[NWF'2@D2`-Z,!N+RY[GMH&
M#SGDC`8XJ=;:?+=0R312,\TTRU.:IV4`!KF.`\I5Z+.\'4MQM.98HIQF`NU=
M;+(:@UM5;2=]RR<24S>1`;1X5/'L;(O"9B8-;T4N<T:O:Y@PO(Z6.H8,2\^=
M@T<+MGRK3\'=T!^%DH74^B[;Y-FWY-J_"SS!C:AOEF>*&Q8%+.`\614YM3B@
M;W/SAN%,W))0MP^6W#5R>P][9L#MS12V)XU>UR29LIZ6.CLOTLIS8Y?VJ;.%
M??@KRKA\)+5M*^:["NRN&%>#RKY+/\$.`5J6:XD=6<WT:5D624W,#L>2)_T>
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MS>UH'&:?H6Y'M?\`Q*5RG*3EIA6M`"6@XN:";I]ZX2'X5X#69C4$>;Y<=OZ/
M(?(5S5FH.)6,6L>>O*>JEVM0=['J+*]Q\K0JE+3[Z[`VX%M/C/0FX\=;BGV7
M76"0@U;^PCV9VVO:5<16[W7L44LL72"-\D6?)0G-1KW`M`!.9KG-H":X%8R6
M5RQT@$+G-:[*7!KJ9ME,6@UJ:4(!KP*_U%]1Y!'=ET-S57<5B0N(_)J+&'91
MV93:4+<C.O0GGFVY#:'4FI!F2B)1&9>$A.M+ZROV.EL;N*:)KLI,;VO`<*$@
MEI(!%1AMQ"TRPS0.#9HG,<16C@0:>7'@6MWXO_\`*B/_`#;3_P!BMAYY_JQ_
MXO'_`'J/^:]7VZ_^9._JG?RM76"/S:O0D!$!$!$!$!$!$!$!$!$!$!$!$!$!
M$!$!$!$!$!$!$!$!%NY^"C^_L^_Z)3_]Q>'LO^CG_?:Y_4Q_SBN1WM_H;+_C
M=_(%O'D6.%?R<8D\]7#<QG(?:!G<80_SETJ*\I$QU;ZTDVE)79N[VQ7A;).S
M8K:7M&H:?\=)ILG3%CK:XZ485J>CDCIMP_I*UQV4IBN0@GZ%MPW)42,R_-YS
M75^S3]*QQ7Z12ZO'KK'8>3Q.8Y%.MK&XA2,2K9%*[(LBHVVVXE.J6EJ'$8CU
M+Q+;)Q7+NS%N*,E)1LYZWW4EMK"\T^'4F=#</>^1I@88R7]&`&QYJ-:`QU14
MYC(7$U`4]^IMDGAG?;G/&&AI#R'4&;:ZF)Q&-,`T#RJW6N@5+855+7Q[9V!)
MI<;A8^BY171W+>P<A%"C,6-I,0_'=EKA5L0V(;>U*8O*&9&M*4H+1=;BV<]M
M9P1W19)#;MB$@8"]Q;E`>]U07%K&Y8Q@&5X0`!G'K4K))7NCJU\A=EJ<HK4T
M`QI4FKCPTX,2L^CNE3("("("("("("("("("("("+__3]T`Y)6Z`B`B`B`B`
MBQ9J7IIVB)KT^FO0_,:C+JK;Z-](<K[54Z:GE_\`CX.YS#=Y3=\/*_H[4?*.
M9WBW=[?$`^,Z+)%.SZ&:O31Y*_2;]';3]K94;58Z?J'P.?\`A9LSF';3Z#LU
M-AV[/D^50;(M!IN06MA)5F:8U6_36=365JJ29(*H;ML18Q>0W$;3DD:I:B-N
M142B)N&V^ZI1MN.J)*%)I-0W(FO[JXD.KAMJZ%[&,Z-QZ,/@$)#1TP8&@M#\
M(PYQ):YQ`:1+@UED$<;?A:R!P).8#-E?G%?-+JXTQ<0-H&U45_H59I?R&WQZ
M^AL/V#N:6"(,2E7"L9K&107T,XBNP<R%-*JF<E$THUOPC6TXV2VE,FI1C3?;
MDW/27]U87S&O>;AP:V,M>X2M-(,QEZ/HR[*:NCJTBK2RI6<.L1T@BGA):WHQ
M4NJ!E/TZ9<V:E=CL1@:JVP?P_7DFG@S)V3U]?DCM,S3RXIXVB73P*J5@T;"9
M4,H+-_R<B\A04J64U#_(.O)(N1Y+811X-Q+V2TAEFU*./43"(W#H0Z-K#;"W
M<W*):&1K:GI`[*YP^AEI38_6X6RO:RW<Z`/S`YJ.)$AD!KEP:3^S2H'#53*)
MHHJHJ8,&FR)EF=7:CLY[%L9M*<E2FVZA^C35S4MVC#TQV/#EN.(?Y1!&[LVM
MDDSVV\6YQM;6&&TU`":/4!<M>Z.NR,QY'4>"XAKB0ZH\ZGFTJHK]7Z61[Y8"
M6.@Z,@.I^T'5&!I4@84V<*M=#H9<4[L*PDYJU:V\3+</R5R7+I[)TIB,6J+J
M@=:EN3<GGRW)=E7W2G-]+B&6'FR0VT3.Q"8UCN5=VCH9Y-8$MTVZ@F+G1O.;
MH621$.+IG.+GMD)J"&M<`&MR4`V3:Q%*'L;:%L1B>R@<,,[FNPHP"@+:;*D&
MI-<50]W9XHL.K+,&?1C=91M33]FTE8O6^.8G:XG62XDPKG_=:UYBW4](C*2X
MM2F]Q+R4.K&CP`_HH;8:L/AA'&'?P?/+X8'P,<UW2>:PAY<YA!)(RAX#G+/M
MT9G2?"GI,SJ>?AE>\/((RXGS:`X;:TP"RW@.!M8*S:L,SVYK=FK'U[K5>FO0
MPJDQ*BQAQ6XF5))Q4]RE.2H_FFE3QH/>-.^KJM#T1NB,NF,G#VR&+8W+3HX(
MH3PFN8QY^"F:F-*FLO;PWAC)90MS<-?I/<_R#9FI^BOR*/ZRRI4*IQ>5"DOQ
M)+66HY.1%><COM[^+Y0VO<=:4AQ&^VLTGL/PD9E\AB!O?++!::;+#(YD@NA0
MM)!%89A@1CLP6_26M?+<->T%IBV'$?38L*>U63\1WW3%AYP.*[4U/O&?VC^5
M7/PMMU>/FCD3VJR?B.^Z8L/.`[4U/O&?VC^5/A;;J\?-'(GM5D_$=]TQ8><!
MVIJ?>,_M'\J?"VW5X^:.1/:K)^([[IBP\X#M34^\9_:/Y4^%MNKQ\T<B>U63
M\1WW3%AYP':FI]XS^T?RI\+;=7CYHY$]JLGXCONF+#S@.U-3[QG]H_E3X6VZ
MO'S1R)[59/Q'?=,6'G`=J:GWC/[1_*GPMMU>/FCD3VJR?B.^Z8L/.`[4U/O&
M?VC^5/A;;J\?-'(GM5D_$=]TQ8><!VIJ?>,_M'\J?"VW5X^:.1/:K)^([[IB
MP\X#M34^\9_:/Y4^%MNKQ\T<B>U63\1WW3%AYP':FI]XS^T?RI\+;=7CYHY$
M]JLGXCONF+#S@.U-3[QG]H_E3X6VZO'S1R)[59/Q'?=,6'G`=J:GWC/[1_*G
MPMMU>/FCD3VJR?B.^Z8L/.`[4U/O&?VC^5/A;;J\?-'(GM5D_$=]TQ8><!VI
MJ?>,_M'\J?"VW5X^:.1/:K)^([[IBP\X#M34^\9_:/Y4^%MNKQ\T<B>U63\1
MWW3%AYP':FI]XS^T?RI\+;=7CYHY$]JLGXCONF+#S@.U-3[QG]H_E3X6VZO'
MS1R)[59/Q'?=,6'G`=J:GWC/[1_*GPMMU>/FCD3VJR?B.^Z8L/.`[4U/O&?V
MC^5/A;;J\?-'(GM5D_$=]TQ8><!VIJ?>,_M'\J?"VW5X^:.1/:K)^([[IBP\
MX#M34^\9_:/Y4^%MNKQ\T<B>U63\1WW3%AYP':FI]XS^T?RI\+;=7CYHY$]J
MLGXCONF+#S@.U-3[QG]H_E3X6VZO'S1R+;JE==?HL???<<>>>QZ@=>>=6IQU
MUURGA+<<<<69K6XXLS,S,S,S/:8]:LW.?8Z>][B7NMXB2<228VDDGA).TKE9
M0&S3M:*-$COYQ6.G]7\=8AHL#J\E.%[6.8=(>7718CD.R2[`99??@V%A#L7(
MDM5DT;26679)HWE&T24F9<^_>S3V1"?X:XZ'XHP$Y&M+7U:`2U[FO+79QE#6
ME]*DL`!4]NESN=DZ2//T6<8DU&/"`144-:D#Y55W^JN.8_>6>/OQ[*9.IJ=-
MQ8JA'4I:CH>;6Y#A$B?;093TN81)V*;:5'9)Q!ONM)5O#;?;SZ?87MS8/CD?
M-#%TC\N2@J*M;YSVN+G88@%C:@O<T&JPATZ>>&.9KFACG917-^DX-(H/E-30
MT!4@Q#,JC-ZY5K2%).$7,3;=DICH-],ZK@VB5M)8DR%;L?GIQW#5N[)+#J4[
MR4DHYVDZO::S;FZLP[H?-H33',QK\*$[,V4UIY[7`5`J=%U:RVC^CEIGQV5X
M"1Y!MI4?(0I6+51T!$!$!$!$!$!$!$!$!$!%_]3W0#DE;H"("("("("("("(
M"("("("("("+#NM##\FFQAF.R[(>7EJ-QEEM;KJ]W&,H6K=;;)2U;J$F9["\
M!%M'(;XL?)9Z<R-A<\W0P`J?Z&;@"M=(<&S7!<0!T7_.Q8,]!W7J>TZ/E_N1
MP_P-[U.7F.Y%==-#ZUO&$]!W7J>TZ/E_N0^!O>IR\QW(G30^M;QA/0=UZGM.
MCY?[D/@;WJ<O,=R)TT/K6\83T'=>I[3H^7^Y#X&]ZG+S'<B=-#ZUO&$]!W7J
M>TZ/E_N0^!O>IR\QW(G30^M;QA/0=UZGM.CY?[D/@;WJ<O,=R)TT/K6\83T'
M=>I[3H^7^Y#X&]ZG+S'<B=-#ZUO&$]!W7J>TZ/E_N0^!O>IR\QW(G30^M;QA
M/0=UZGM.CY?[D/@;WJ<O,=R)TT/K6\83T'=>I[3H^7^Y#X&]ZG+S'<B=-#ZU
MO&$]!W7J>TZ/E_N0^!O>IR\QW(G30^M;QA/0=UZGM.CY?[D/@;WJ<O,=R)TT
M/K6\83T'=>I[3H^7^Y#X&]ZG+S'<B=-#ZUO&$]!W7J>TZ/E_N0^!O>IR\QW(
MG30^M;QA/0=UZGM.CY?[D/@;WJ<O,=R)TT/K6\83T'=>I[3H^7^Y#X&]ZG+S
M'<B=-#ZUO&$]!W7J>TZ/E_N0^!O>IR\QW(G30^M;QA/0=UZGM.CY?[D/@;WJ
M<O,=R)TT/K6\83T'=>I[3H^7^Y#X&]ZG+S'<B=-#ZUO&$]!W7J>TZ/E_N0^!
MO>IR\QW(G30^M;QA/0=UZGM.CY?[D/@;WJ<O,=R)TT/K6\83T'=>I[3H^7^Y
M#X&]ZG+S'<B=-#ZUO&$]!W7J>TZ/E_N0^!O>IR\QW(G30^M;QA/0=UZGM.CY
M?[D/@;WJ<O,=R)TT/K6\86X=&VMJAQUIU"VW&\<Q]MQMQ)H6VM%-!2M"T*(E
M)6E1;#(_"1CUZS:YMCI[7`APMH@0=H/1M7)S$&>X(.'2/_G%02UTKI+<GVG[
M6\:AS,L7F,^"SZ#6S,LS74N-,F_+HY5A"B1U5"-PXK\>0:77$J=4E1$FDNMV
M+.[#VONIA"^Z,[FCHZ.?5A`JZ-SFM'1BF1S78N!<012;'J4T64B-F819`?.P
M&/`'`$G-P@C`8(UI30EE;.8S+"YM+1LG3?9L#IG(4]]==9TS<B<B/31I+IQJ
M:U<BH:2ZB.;:4*6VMTN4,S=>Q&J,U:6XFEN16H?T9:XECXP74C!-(WE@:'!E
M`"6EPS(=2F^&=:M8QL9\F:HQ#J"KB,7`&M*UK0@8+GPS3#'\'LK*VJG[!Z9;
MQHS-ASHX').R6F8K<J>DHT",^E^R>B$\ZA3BF$/+<4TVWRB][/1]V['1;BXN
MK5\AFE:`[-EH2`T.=@T&KRW,X$EH<7%C6YG5QNM0FO(XXI&M#6DTI79C08DB
M@K085I2I-`LC#H5!0$0$0$0$0$0$0$0$0$0$7__5]T`Y)6Z`B`B`B`B`B`B`
MB`B`B`B`B`B`BB.2K)NXP%:EDV2<MF;5FHDD6W!,U+](S(BVF>P5.HD-N]")
M-!\4[_\`6N%)MQ6*]%/_`(A_U(U*N?-?7&_*$^.+3IF^M'&HV0_5_4G/FOKC
M?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&
MF0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC
M?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&
MF0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC
M?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&
MF0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC
M?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&
MF0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC?E"?'#IF^M'&F0_5_4G/FOKC
M?E"?'#IF^M'&F0_5_4OI$M#BDH;DI6M1[$H0\2E*/^A*249F8^B0.(#9*GYT
M+:"I;@N7E'/IK_65_K&69WE*^4'D7R9F9[3,S,_E,_"8^(OP%]0$0$0$0$0$
M0$0$0$0$0$0$0$0$7__6]T`Y)6Z`B`B`B`B`B`B`B`B`B`B`B`B`BU9_%_\`
MY41_YMI_[%;#S+_5C_Q>/^]1_P`UZZ+=?_,G?U3OY6KK!'YM7H2`B`B`B`B`
MB`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`BRIH;_G#IM_.%)_;&QT^Y?\`Y;N[
M_>X_YP5;K'^5W_\`5._D7;=EM\[C&-760LU4FZ73P79QUD-Z-&?D-L;%/*)^
M8XVPTU'9WG7%&9J)M"MU*U;$'^J-5OGZ;IUY?LM73.B879&D`D#;BX@``5<>
M&@-`30'S2VA%Q<10&0,#C2IJ:<6..P?+Y!BH]5YU(L,JK,<<I4,,W&*'ED.>
MS:MRWV8B2IVU(LJU,-E<!M^9:.,QW3=63ZHKADDMAD4"VUM\^IVVGNLPUDUK
MT[7!X<0W^&*/9E&4%SRUIJ<Q8[`<&Z2S#+:2<2U+)<A%*8^=L-<<!4BF%0L6
MPOQ(5LIIZ0O%;%+$*6TW:+BS>?KJXK["7DHF(8K_`-A>,['>6A+-)-DPYL=4
MHB2?,P_ZAV\K7R'3)`QC@'Y79LC2*^<`W"08YHS2F5WG$BALGZ#(TAHN6YB,
M*BE2/)C]'91W#48<*SQC-]$R:BK+N&]!>;GQ6G7?1L]JTAQY9)),V&U8,MM(
MEE#E$MO?W$;V[MW4[=@[?3;Z+4K&VO87L+7M!.1P>T._::'``.RNJ*T%:5H%
M37$+K>:2%X(+3PBA(X#3@J,5?1.6E`1`1`1`1`1`1`1`1`1`1`1?_]?W0#DE
M;H"("("("("("("("+7:D_$+36#[2)E;(:3[.Q;!YB`U.EV#M_/REO&H&/5D
M5^%#39N2UOMK2ZVLVR-1D9D25&7G]GO[9SO:V:W<!\.'$-#G.,KIA"V)C2UN
M<NJ"'`TQQV$J\FT.6-I+)`?/(QH!E#,Y<34TI0X%20M=\#6S*D-KN7&*^A=R
M&T<*J<0=9#8L)E4\S*9=<;D*E-6,!UE1-(=;2XDB-9&I.VQ\;Z&622-,Q9'`
M97G(?,:'N80X$@Y@]KFG*"`10G$5T=C7H+6D,S.?E&.TT#L."E"#C0_(K?;:
MXUD)B3-A4]K+37U>02+"DE09=;?1+"BNL;JG692'6W8L6*A&0(<6HS6LR6WN
ME^GNZ+K?2WA9)-#:2O$<4I=&YKF2M?')$P@U!`;24$G$XMH-M,XM(D>6L?*T
M%SFT<""TAS7NPX2?-IQ_(OO*=;*NK*YK*F%*]IJ<L=DN0+F(IB,J#:Y7C..6
M"C./*-]N3!]HT;$N$WO+V&GE$$HQ]U/?*VMA>6UK"[M&'HB6R-H,KYX8G;'5
M!;THP-*G$9@"OEMI,DG122/'P[LPJTXU#'N&T;#EX*_H*R-A^9T^<5\FUHT3
MN81["37)D3(Q1DRG8BB0Z[&3RCBS:)?@V+)#A&7SDD.@TG6+36H)+FR#^@;(
M65<*9BW:1B</GH?*`H-U:2V;VQS$9RT&@-:5\O\`^46&/Q34UED&G-=44\4Y
MEC+RVMYO&2XRR;G-ZN[E/;')#C3*=QAE2O"HMNS87AV$.0_U,M+B_P!W[>TM
M(\]P^Z905`K1DA.)(&P$[5:[NRQP7TDLKJ,$1J?G+1P+K[[&]2N&'>D:;K$>
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M[*H)F-%8E(6Z\X:;!2B0VDMI[",=!NINWK5EO)HEW=6>2VCN6.<XOCH`'"I/
MG\"@ZGJ%G-I]Y%%+FD=&X`978FGS+LZL'<?M($VLGV=,_!L8DF!,8]-P6N6B
MRV5QY#7*,S6WF^49<,MY"DJ+;M(R/PC](3OL+F":VGN870R,+7#I&BK7"A%0
MX$5!V@@^1>?,$\;V2,C>'M((\T[1B.!1!O"M/&+.9;QYK<6=/AU,"8N'J!<1
M&)$2B98CU++D&-DC4$^9-1R)*N3WCWG#,S-UPU53='T!EQ+=1S!LTC&-=ENI
M&@MC`#`6B8-\T##"N+J_2=64;N^,;8G,)8TN(K$TD%V+L2RN-?+Y/(*<[&)X
M!'B6$(I4"0S:V=9;6:['+W[>582Z=Z(]6HESK:ZG378,14%HD1C<YN2$FG<W
M5*(\V:7H4<4\(E8YDLC'OSSEY<Z,M+`YSY'.+6Y11E<E,*4)KB;F^<YC\K@6
MM(%&90`ZM:!K0*FIQI7Y5><>@8EBM5'I**=4PZV*;JF6',C:GN)-YQ3J]Z78
MV<N8[\Y6Q.^XK=21)3L21$4NP@TK3+6.SLIXF6[:T!F#CB:GSGO<X_I.`P&`
M"U3ONKF1TTS'F0_[E/U``?J5Z])U/KBFZ7K?.A,^)M>MP^T9Z2T]'+ZI_-/(
MGI.I]<4W2];YT'Q-KUN'VC/23HY?5/YIY%R-SZYYQMEFTJGGG5I;:::M*]QU
MUQ:B2AMMM$E2UN+49$1$1F9GL(9-GMWN:QES$7DT`#V$DG8`*XDH62`$F-P`
M_P!T\BJ1M6*`B`B`B`B`B`B`B`B__]#W0#DE;H"("("("("("("("+%KVCN%
MO,PFE,V2%5E5"J:Z2S9/LRX#5=D"<F@RXLALDN-3XUN@EI=+Y4?,,C29D?,O
MW2T=[(6ED@,<36,(>0YH9+TS7-(Q#@_$'R8$45B-4NP7FK:.<7$4%#5N0@CR
M%O!^E13)]`,:M,<=JJ>181;"+2VE71/VEI/GP:^1=N..6]B['4LW'I5FN0ZM
M[P[BG7#62"5L,JO4MQ=.N=/=:VDDC9VPO9&7O<YK3(27O(VESR7%W`2:TK0J
M3;ZU<1SB65K2PO!=0`$AOT17R#"G#04JI6G1[#N;SV'2N93EI`OH%A-EW,Q^
MPEED4^FLI\IV6M1N',3(H(O)++82$M;-A[3VV8W2TGHYV/Z9SI62M<YTCBYW
M2NC>YQ=MS5B90\`;2AJ5&[4NLS'#(`TM(`:*#*'`"GDHXU^=4!:'81SJPEK5
M?/.VBE.3.<7+[Z7'G<CI<KDR")U"C0_,O:&.\ZHCVJV&GP),B+0-R]&Z2>4F
M<NE-75D)J3+'.3CPNDB:YQX<1LP6?;%WE8T!@#=E&@?LN8.)KB`IIBN%4V(*
MN7:LY[TF_L$V=K,LISLZ5*E-QFHC:E..;$D2&62+:1;RC,S4:C\(N=,T>STD
MW;K8R.DGDSO<]Q<YS@`T8GR`?.>$E1+F[ENNB$F4-8V@`%`!6J@NMW]Q8U_-
MK7^&LF%'OI_V&G_WH?\`2F4W1_Z>?^J_YF+7T>?J^0$0$0$0$0$0$0$0$0$0
M$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$4EPO_[CB?\`,M%_W2*+/1?\
MXTG^\Q?SVJ->?]I=?U;OYI6U&364ZFQZYM:V"U93JZNE3(T%^24-F0Y':4YN
MO2>3=-II*4FI1DE2C(MA$9F0]0U*XFM+"\NK>`23QQN<&DY02!7$T-!PG`GR
M8KF;>-DL\44CRUCG`$TKM^18NQ?5E_(,PJ\9?KH]>U-QNDM.74W9/',M;7&V
MLED084E$;T>PB#"?3\UYSE7"2H_!L22^:TW>E]_JUMIK[=L;7V\;ZT><SWQ"
M8M:0,H#6D8.-30G#`&QN--$%K)<!Y<1(X<&`#LE2*UQ/D%!_)#8VOE\^B[F>
MQG.*VAOXC-A)KW+&8IC''YU_$<L=UN":7B0U1*<;F)/F#R]Y@E$ZG8=1%OS?
M/%[+V/FMX)VAQ87NI$72M+\&XX1DB0?PW&K`0X*4[1H086_%4D>PT!H*NHTT
MV_[U,OTAMV%9RP?*HN8XW7W3#\=V0XRRW9MQ69C+$2S.,Q(DQ64SFVI#L=!2
M$J9>V;DAA2'6S-M:3/M-%U.+5].M[QCVEY`#PT.`:^@):,P!(Q!:[8]I#FU:
MX*HO+9UK.^(@AM<*TQ%2`<,*X8C@-0<0I:+91D!$!$!$!%__T?=`.25N@(@(
M@(@(@(@(@(@(@(@(@(@(@(L5:KU,V]AXE55R&US)66GR*77FV&SY#$\KDN;S
MKJDMHV-,J,MI^$_!\HY?>FTFOH=+M;<`S.NL*D`803$XG#8"K+3)60ON99#Y
M@B^?:]@6-NR7-/JE?TO7><#FO"FL^JC]HSE5CVI9_6=S3R)V2YI]4K^EZ[S@
M/"FL^JC]HSE3M2S^L[FGD3LES3ZI7]+UWG`>%-9]5'[1G*G:EG]9W-/(G9+F
MGU2OZ7KO.`\*:SZJ/VC.5.U+/ZSN:>1.R7-/JE?TO7><!X4UGU4?M&<J=J6?
MUG<T\B=DN:?5*_I>N\X#PIK/JH_:,Y4[4L_K.YIY$[)<T^J5_2]=YP'A36?5
M1^T9RIVI9_6=S3R)V2YI]4K^EZ[S@/"FL^JC]HSE3M2S^L[FGD3LES3ZI7]+
MUWG`>%-9]5'[1G*G:EG]9W-/(G9+FGU2OZ7KO.`\*:SZJ/VC.5.U+/ZSN:>1
M.R7-/JE?TO7><!X4UGU4?M&<J=J6?UG<T\B=DN:?5*_I>N\X#PIK/JH_:,Y4
M[4L_K.YIY$[)<T^J5_2]=YP'A36?51^T9RIVI9_6=S3R)V2YI]4K^EZ[S@/"
MFL^JC]HSE3M2S^L[FGD3LES3ZI7]+UWG`>%-9]5'[1G*G:EG]9W-/(G9+FGU
M2OZ7KO.`\*:SZJ/VC.5.U+/ZSN:>1.R7-/JE?TO7><!X4UGU4?M&<J=J6?UG
M<T\B=DN:?5*_I>N\X#PIK/JH_:,Y4[4L_K.YIY$[)<T^J5_2]=YP'A36?51^
MT9RIVI9_6=S3R)V2YI]4K^EZ[S@/"FL^JC]HSE3M2S^L[FGD3LES3ZI7]+UW
MG`>%-9]5'[1G*G:EG]9W-/(G9+FGU2OZ7KO.`\*:SZJ/VC.5.U+/ZSN:>1.R
M7-/JE?TO7><!X4UGU4?M&<J=J6?UG<T\B=DN:?5*_I>N\X#PIK/JH_:,Y4[4
ML_K.YIY$[)<T^J5_2]=YP'A36?51^T9RIVI9_6=S3R)V2YI]4K^EZ[S@/"FL
M^JC]HSE3M2S^L[FGD3LES3ZI7]+UWG`>%-9]5'[1G*G:EG]9W-/(G9+FGU2O
MZ7KO.`\*:SZJ/VC.5.U+/ZSN:>1.R7-/JE?TO7><!X4UGU4?M&<J=J6?UG<T
M\BO6-:9996Y%06,N/`1%@755-DK3:0'%(CQ9S#[RDMH?-:S2VV9D1$9G^03M
M-W:U6VU'3[F:.,11SL<XYVG!K@3A7'`+3<ZC:R6\\;'.S.8X#S3M((\BS_(8
M9E,/Q9#:78\EEQA]I?Z+K+R%-NMJV;#W5H49'_H,=Y(QDK'QR-K&X$$>4'`A
M4;7%K@YIHX&JB#^G.#274OR,7J77T5D>F0ZN/M<36Q66X\>,2M[:1-1FDM$O
M]/DBW-[=\`JG[OZ+(X/?IL1>(Q'6F.1H``_0`!7;3"M,%)%]>-%&W#@,Q=MX
M3B3QX_/BJJ)@V(P$6+4''ZV$W;SX5E9)BL\W*9+KI_I2$;_)*1O,,3S4Z3/_
M`))J<7M09.+)6R+1=)@;<-@L(V-E>U[\HIF<QV=M:<`=4Y?HXNP\XUQ=>73S
M&7SN):"!7&@(H?TTPKMP&.`5UIJ.HQZ&<"DKHM9#-YR0<>(V339O.[I+7L+^
MA*$I27R(0E*4[$I212K2RM+"+H+.W;'#4FC105/#_(!Y``!@`%KEFEG=GF>7
M/I2I_P#S_P#-JNHE+6@(@(@(@(O_TO=`.25N@(@(@(@(@(@(@(@(@(@(@(@(
M@(L=:AY!2XLK"[[(K%FIIX&6N\\L)")#C,?G6&Y?#C[Z(K,A\^5E2$(+=0?A
M46W86TRY_7[^STPZ/?:A<"*T9=',XU(%;>=H^B"<7$#`<*G6,$MR+N&",NE=
M%@!3&DC"=M!L"L?>!T6^\2G\BONIQ"\=[G=_P\V7W:W=B:MU%_&WTD[P.BWW
MB4_D5]U.'CO<[O\`AYLONT[$U;J+^-OI)W@=%OO$I_(K[J</'>YW?\/-E]VG
M8FK=1?QM]).\#HM]XE/Y%?=3AX[W.[_AYLONT[$U;J+^-OI)W@=%OO$I_(K[
MJ</'>YW?\/-E]VG8FK=1?QM]).\#HM]XE/Y%?=3AX[W.[_AYLONT[$U;J+^-
MOI)W@=%OO$I_(K[J</'>YW?\/-E]VG8FK=1?QM]).\#HM]XE/Y%?=3AX[W.[
M_AYLONT[$U;J+^-OI)W@=%OO$I_(K[J</'>YW?\`#S9?=IV)JW47\;?23O`Z
M+?>)3^17W4X>.]SN_P"'FR^[3L35NHOXV^DG>!T6^\2G\BONIP\=[G=_P\V7
MW:=B:MU%_&WTD[P.BWWB4_D5]U.'CO<[O^'FR^[3L35NHOXV^DG>!T6^\2G\
MBONIP\=[G=_P\V7W:=B:MU%_&WTD[P.BWWB4_D5]U.'CO<[O^'FR^[3L35NH
MOXV^DG>!T6^\2G\BONIP\=[G=_P\V7W:=B:MU%_&WTD[P.BWWB4_D5]U.'CO
M<[O^'FR^[3L35NHOXV^DG>!T6^\2G\BONIP\=[G=_P`/-E]VG8FK=1?QM]).
M\#HM]XE/Y%?=3AX[W.[_`(>;+[M.Q-6ZB_C;Z2KZO6[22[LZZFJ\[J9EG;3X
M=971$1+I"Y4^?(;BPXR%NU3;25OR'4I(U*2DC/PF1>$;[7?+=6]N;>SM=;B?
M<RO:QC0V3SG.(:T8L`Q)`Q("UR:1J<,<DLEFX1M:235N``J3M\BRD.F5>@(@
M(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(O_]/W0#DE;H"("("("("("("(
M"("("("("("+5G\7_P#E1'_FVG_L5L/,O]6/_%X_[U'_`#7KHMU_\R=_5._E
M:NL$?FU>A("("("("("("("("("("("("("("("("("+(FD'^;6EW_\`HN$_
MXEK!T&Z7_E6[/_\`T+?_`*S%`U3_`"S4?ZB3^85W`99*M8.,WTVC7";MH=5-
ME07+!MUZ&AZ.PMXEOM,J0XZE*4&9))1;RMA&9%M'ZPU26Z@TV^FLBP73(G.:
M7@EH(%<0*$_-7$KS"V;&^XA9,#T9<`:;<2L(8WJO=R\PHJVZGT<6IG4=.Y-C
MO-MQ)*')N!P,L?R,Y2Y)-L05VDE4%+:B))&7].PSXS3]Z+R75K&WO)X6VKX8
M\P(#35ULV<RYJT#<Y,8!P_30JWGTV%MK-)$QYE#W4X1A(69:4Q-!F5)99KJE
M6.9=9U<BLRK'L8S2MI'%E60*J4N/&BHD9#!92Y9I5*W95FQ`:<:Y20<UG8EI
M25+W=5QK&\UL[5KFVDCN;"VO&1GS&L-`VLK15_G><]L32VK^D;@T@FF4=IIT
M@M8Y&NCGDB+MI(J31I.&&`+C6@RG$[%EW37+D9GB=?:FX^],:0S"M'GXL>(3
M]DB'$E/R(S$5^0RB))1+0XTG>Y1M*MQU*'4K0GJMW=5;K&EP769QF`#7D@-J
M_*UQ(#20&G,"!6H!HX!P<!67]L;6Y?'0!AQ%"305(H:TQ%*'@X144*GHO5#0
M$0$0$0$0$0$0$0$0$0$0$0$0$0$0$7__U/=`.25N@(@(@(@(@(M/-0M8,XPS
M-+^M3-Y2EQ2?-N[8U5D!;;N+WU+BD#$X+;B(2I!NQ,KM)AJ62D.+2UL6M2=A
M'Y)KV]FM:/K%];B:MG:O=(_S&T,,L<+8&@Y:U;,]]34$@4)(P746.EV=W:0R
M%G\61H:W$_3:YY>=M,6!OR8X!<LW7/-*^EMZAJ#23,CQ['(\F7D$N1/:9D6=
M1D-!B>4E)K2QRM@\Y*WMU&@HJW(K1MN(WU&C8K.;?76(+.ZM&PPOU&WMP72N
M+@"^.6*":K.B8VO2/PR$L%'"I(Q^,T>TDFCE+WB!\A`:`,`YKGLH<Q-,K>&A
M.&&*E$G7B\;FW\.+A+$@JB\8QN--5;S6:^3<(RNIQ.8P_,<HR;:;D2+0Y$93
M7+J..T9N)0I1)%E)OO>B6_BBT9KA%,(FNZ1P89.G9`X%QCH`2_.PMS'(*N`)
M`4=NC0ED#W79&9F8C**AN1SQAF\@H:TQ.%5]:UZFY'A%EAT:LF%7H3$<O,QY
MM&ASXS%8FXQ^M2M2I]>]-E0-Z3+:W(J8\DW%M.*<:;2O;]WQWDU#1KC28[:;
MHQD,EQ1K7`,Z2)E?.:7.;B\48&OJ6N+FM!K\TG3X+R.Z=(S-CE94D&N5QX#0
M'`'&HVBA-%?]2\UR"FC8'DE=.F46(S5(F96AF+02,GCQ[`ZANH0JLN3D-/5[
M$N>;5B411RFN40;:OZ9V\6L7]I'H>HV\SX-*><TX#8C,`[HQ'YDE06ASLLN0
MYQ492M-A:02NO()&!]R,&8N#"1FKBVF-!5N;`T-5%)7XAYT2-<W#V%K;QRJM
MY<`[1<Z62N1CR\AJFB>0NJ:8](/VE3'3R3#CZ$IF;IKY5M23K)=_IXH[N[?H
MY&GQ2N;GS.V!TK!49`,Q>QGFM+@!)3-F:09+=#8YT40N_P".YH-*#A#3];8`
MXXD#Z.RAJJ,OQ'V[C48HV`/2IJYDVMDQ&["8:D6F/5-?8Y55-*8IY1\[@R+:
M.PRIQ*&5'RBG%()&P]/YA7;FQ]'H1=*7N86ASL'Q1M?,P4C/G-+VM:2`T^<7
M$`8Y=A1`NS7H#*`@T&QQ(8<7#`AI)ICL`K59SP;*;3+&+^9.J8U5%K,HR#'J
MTVYSLJ5.:H+6752)LR.N)'37+<?BF1-$X\?@,S41;-O:Z+J=SJC+Z:>U;%%'
M<RQ,HXESA$]S"YPRC(26_1J[AQV*GO+>.V,+62ESG1M<<*`9@"`#4UP.W!8S
M_$ICZLHP:HHDSH]:<[+8.R;+;D.QV>;4M_,_:-Q&GI"N4*/N%NI/8I1&?@VF
M.<_U$L>TM%M;(3MCSW3?.<"0*1RNQ#03C2F`X?(K'0)OA[R6;(74B.`I7%S1
MPX<*TD[`7N.L=Z.R+JP>->!G=]V_,E]!==VR.IOXV\J=@+W'6.]'9%U8'@9W
M?=OS)?03MD=3?QMY4[`7N.L=Z.R+JP/`SN^[?F2^@G;(ZF_C;RIV`O<=8[T=
MD75@>!G=]V_,E]!.V1U-_&WE3L!>XZQWH[(NK`\#.[[M^9+Z"=LCJ;^-O*G8
M"]QUCO1V1=6!X&=WW;\R7T$[9'4W\;>5.P%[CK'>CLBZL#P,[ONWYDOH)VR.
MIOXV\J=@+W'6.]'9%U8'@9W?=OS)?03MD=3?QMY4[`7N.L=Z.R+JP/`SN^[?
MF2^@G;(ZF_C;RIV`O<=8[T=D75@>!G=]V_,E]!.V1U-_&WE3L!>XZQWH[(NK
M`\#.[[M^9+Z"=LCJ;^-O*G8"]QUCO1V1=6!X&=WW;\R7T$[9'4W\;>52Z@_"
M5D>20W)U9FV**CM25Q%F]'R!E7+-M,O*(DG5&9IW)"?#_2+:P_TLU#4873VV
MLVIC#BW$2C$`'ZGD(42?>6"W>&26DF8BNUOR_P"]\BOG<JS3C3#_`-2_ZI$S
M\G=8[XM.*7T%I\66G5)?L^DG<JS3C3#_`-2_ZI#\G=8[XM.*7T$\66G5)?L^
MDG<JS3C3#_U+_JD/R=UCOBTXI?03Q9:=4E^SZ2=RK-.-,/\`U+_JD/R=UCOB
MTXI?03Q9:=4E^SZ2=RK-.-,/_4O^J0_)W6.^+3BE]!/%EIU27[/I*48/^$C+
M,6S7$,GEY=BLF)CF48_?2H\9%WSE^/46T2P>9C\K6-M<NZW'-*-Y24[QEM,B
M\(M-$_TKU33-9TG4I=5M716]U%*X`25(C>UY`JP"I`H*D"JCWF\UM<VEU;MM
M9`Z2-S03EH"YI&./RK>U:$N)4A:4K0M)H6A9$I*TJ(R4E23(R4E1'L,C\!D/
M;"`X%KA4%<<#3$;50JJJM9D:ZV`LRC(A$:H<=1E#;42D1",VS_W9"DD9-_H$
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M-<L\>H[%RR8B1;%R?4P)BY\:!)*9`CS52([BI3$*6DG64+WDMN%O)(E>$0I]
M-TZY,SKFPAD=(UK7ES&NS!IS-#J@Y@UWG-!J`<1BMK+B>,,$<[VAI)%"10D4
M)%#A48'RA4R\,P]Q^RE.8IC2Y-TU)8N)"Z*K4_;,S'([TMFR=5%-R<U*>B-+
M<2Z:R6II!JVFDMFLZ/I+GW$CM+MS),")#T;*O#B"X/.6K@XM:2'5J0"=@60N
M[H"-HN9,K",HS'S:5I3'"E32GE*_?8W$"D.RRQ7&^=O\QY>5Z#K.</>C'6'Z
MWE7N:\HYZ/>C-K8VF?(J;2:-AI+8[(TGI'2]F6_2NRU/1LJ<A!94Y:G(0"WZ
MI`(I0)\5=90WXF3**X9C3';P\-37RUQ53<8UCF0G&._Q^DO#AFM4,[BJ@69Q
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MT(J,5D+JY`C`N)*,!R^<?-J*&F.%1@:<"2L/Q*='<B3<6QR9%>LW[MZ-*I*R
M1'=N92C5)MW&78JVUV<A2C-<@R-U9GX5&$NDZ5-&Z*;3+=\1D,A#HV$&0[9"
M"*9SPN^D>$HVZN6.#F7$@<&Y:AQ!RC8W;L'DV*\Q84."AUN#$C0VWY,J:\W%
M8:CH>F3GW)4V6ZEE"$N29DIU3CKA[5N.*-2C,S,Q+BAA@#FPQ-8TN<XAH`JY
MQ+G.--I<XDN.TDDG%:7/>\@O<20`,37`"@'S`8`<`6(=;O[BQK^;6O\`#63#
MD]]/^PT_^]#_`*4RM='_`*>?^J_YF+7T>?J^0$0$0$0$0$0$0$0$0$0$0$6R
M>CW_`-8G?]>E?]OJAZ/NA_EDW]>[^8Q<]JW_`'+/ZL?RN7Y:W5G7ZDM-'DEB
MQBE9BLF]RB!)@TKE-%=ER6*C'8T28Q3%?-2I3[,R4\2Y;B=C*2)*4*V#[=7E
MS!O$UO:$C=+CM3+,TMC,;2XB.(-<(^E#G$/>ZKS]$4`!HOD<4;[`GX=IN72!
MK""[,:#,XD9LM`,H'FC;Y5!;V^U4KW<V>K[Z'/1BNHE*U'B.U4"M*RH+JEQV
M?!QB'O0;)V8Z]8W/,M_EF9+[RTJ3(8(C;%)?7V\]N[6'V]\QXM=0C`:6-9GB
MDCB<V%OFO+B7R='7,U[G$$2,`RJ9##ISQ:"2$@R0.QS$T<US@7G$4P;FV$`?
MLG:LGZ892[EN(P+"2B;SV+N5D^3.1'0[.GQHD5<J82(B41VE+=?-+K24ES>0
MEQDRVMF.EW:U-VJZ5!/('],WS'%U*N<&MS.\V@%2:%H'F.#F'%JKM0MA;7+V
M-(R'$`5P!)H,<>#`\(H>%9"%^H2`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`
MB`B`B`B`B`B__];W0#DE;H"("("("("("("("("("("("("+&NI-+[1)PVGY
MSS/GF6N?[SR/..3YOA^72O\`R>68W]_D-W],MFW;X=FP<YO%9=H-TFSZ7)GN
MCC2M*03NV5'DIM4_3YOAS=39:TBV5IM>P?+Y5%NQ4N)CZ%^UA5>#!WE]W_:*
M5VP>K?:_=3L5+B8^A?M8/!@[R^[_`+1.V#U;[7[J=BI<3'T+]K!X,'>7W?\`
M:)VP>K?:_=3L5+B8^A?M8/!@[R^[_M$[8/5OM?NIV*EQ,?0OVL'@P=Y?=_VB
M=L'JWVOW4[%2XF/H7[6#P8.\ON_[1.V#U;[7[J=BI<3'T+]K!X,'>7W?]HG;
M!ZM]K]U.Q4N)CZ%^U@\&#O+[O^T3M@]6^U^ZG8J7$Q]"_:P>#!WE]W_:)VP>
MK?:_=3L5+B8^A?M8/!@[R^[_`+1.V#U;[7[J=BI<3'T+]K!X,'>7W?\`:)VP
M>K?:_=3L5+B8^A?M8/!@[R^[_M$[8/5OM?NK).'XNG$ZIZN*>=@IZP>FFZ<0
MHA()R-#8)LD<ZE&HR.,9F>TOE'2:1I@TJU?;"?I"9"ZN7+M#13Z3O(J^[N3=
M2B3)EHT#;7A)\@\JE0M%&0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
M$0$0$0$0$0$7_]?W0#DE;H"("("("("("("("("("("("("+$>L&9UNGM9BN
M7VT:;+KZC+4\XCUR&')CG/\`%LIJVN11)D16#W'YJ5*WG$_,(]FT]A'RF]FL
M6^@VVF:M=1O?;Q76(90N.:&9@I4M&UP)J1A56>EVDE])<VL3@'NBP)K3![#P
M`^18?[YNG/#F;>1T77XY/\WMWN[[WFQ>]5IX5O\`U\/&[T4[YNG/#F;>1T77
MX?F]N]W?>\V+WJ>%;_U\/&[T4[YNG/#F;>1T77X?F]N]W?>\V+WJ>%;_`-?#
MQN]%.^;ISPYFWD=%U^'YO;O=WWO-B]ZGA6_]?#QN]%.^;ISPYFWD=%U^'YO;
MO=WWO-B]ZGA6_P#7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8O>IX5O_7P\;O13
MOFZ<\.9MY'1=?A^;V[W=][S8O>IX5O\`U\/&[T4[YNG/#F;>1T77X?F]N]W?
M>\V+WJ>%;_U\/&[T4[YNG/#F;>1T77X?F]N]W?>\V+WJ>%;_`-?#QN]%.^;I
MSPYFWD=%U^'YO;O=WWO-B]ZGA6_]?#QN]%.^;ISPYFWD=%U^'YO;O=WWO-B]
MZGA6_P#7P\;O13OFZ<\.9MY'1=?A^;V[W=][S8O>IX5O_7P\;O13OFZ<\.9M
MY'1=?A^;V[W=][S8O>IX5O\`U\/&[T4[YNG/#F;>1T77X?F]N]W?>\V+WJ>%
M;_U\/&[T5+<%_$YA&?974XC5TN51)]PJ8B/(GQ:A,-M4.OEV"N65'N9#R4K;
MB&DC2A7SC+P;!:Z)_J1HNNZI:Z5;6=TR>7-0N;'E&5KGXTD)V-I@"HMYN_=V
M5M)=22QEC:5`+JXD#A:/*MCQZ$J)`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1
M`1`1`1`1`1`1`1?_T/=`.25N@(@(@(@(@(@(@(@(@(@(@(@(@(M6?Q?_`.5$
M?^;:?^Q6P\R_U8_\7C_O4?\`->NBW7_S)W]4[^5JZP1^;5Z$@(@(@(@(@(@(
M@(@(@(@(@(@(@(LY?AL_SLP?_P!>[_PU<CM?].__`#+1?GD_Z,BI]?\`\IO/
MF;_/:NPO78LN5A<=&&>GDV2[N.4A['CN>?1X15UHLG%MX\XU<O1UV"([9I94
M226M*G=K*7"/WK?8:J='C;I'3_$&85,729@W(\UI$1(1FRBC32I!=Y@<N(T?
MX87;C=9.CR&F;+0FH^MYM:5./S#&BCN3NZFW%AIJU3PLIIZB-)@QLHE,R8Z9
MA6<R$Y$E/W+:9$1RQIZ5!F]OH0<:4^OP[JFVR57ZD[>.[GW=;:0W,5JUS1,X
M$9L[FEKC(*M+XXQYU0,CW'@+6@[[<:?$S4#*^-\I!+!0TH#49=M'.V>4#YRF
MF:M0Z3+I./Y''N[VF=A3VH>66A7:4I8J[[(3;94FP5-0EXY4A2&W'Y!R9M>J
M&ZC:VTK9]W<.OV>JR6&H1S3V98X-G?TFQDLM!YV;&IH"YV>2(Q.%6M*:A\#-
M:MG@<QDH(JP9>%K?)3@&-!1KLP.)6Q([]4:`B`B`B`B`B`B`B`B`B`B`B`B`
MB`B`B`B`B`B`B`B__]'W0#DE;H"("("("+43+:74EC4#4[-\47,9+&7:EVLC
M[EY->O&).!5<*3!K*5*TTMI"A37US%D27'53(J6TD2E&9>4:K9[PLUW>36=,
M+Q\,6%@_B.,@-LQI:R.O1O:UQ,AP+C(P-&)*Z:VEL#9:?:7-#T@=7Z(RD2$@
MEWT@2/-\F4U42R+VVRJ=-G6%9>VC4:L<J:>W<QJ=52;BHAZVZ93H$V37I@Q2
MCR5P(\A9I)EG>8CJ<W-TE*%5J';.ISS33VT\K6QED<AA<PR1MU&S<UQ;E;0Y
M0X_1;YK"ZE`2I4'PELQC&2,:2[,YN<$-<8)00#4U%2!M.)I57:=F>K5R52Q)
MDYA1,T<W$G<KDUF(RHSZ)1:C74"X4WN4ZU6\"-C2(3KC,8GXSZ2,EI62G$G+
MFUC>F\^$9))=PLA?`9RR!P.;XN1LE/X?\1HAZ-Q:S,QPP<""X+4RTTR+I7-;
M$\O#\@+P<.B:6_M>:2_,`30C@I@KI095JC6R,8JHU980(;]N9(K6\1D.1+AJ
MRU3RJ#D#MC:G#4B@]%8RW'EM*4MHG.4Y4^42LB$FPU/>6WDTVUCMI&0NE^@(
M"6R!][,V4N?EI%DA#7@DMK7-YP-%KGMM.D;<2.D:YP;MSBK:0L+:"OG5?5IV
M[*844RP&_P!5[G&LU9O%R7[\L#H+G%Y$JA;HC9R._IK]Q^JV(988?.KL(48E
M;Q<HVIP]_82DD5OH=]O1=Z=K++TN=??`Q20DQ".DLL<I+-@!R.:RM<03C2H"
MBWL.FQ7%H8:"'IG->`[-YK7-H?T@GY,,%!6LBM,>Q:C5@D?.(%K(KY1Y_87.
M,YAD5M[6P,9GS*BL<B9!&EL_\ZR!+C<F1#;Y,MK9&X@E(%(R_N;#3+(Z)'>Q
MW3HS\4Z2&>5_3MA<YC"V4.'\26H>^,4^B,S:A3#!'/<3"]="Z,.'1AKV-;D+
MP'&K2/HMH0'&NW`XKZO\DULE5N2,N/7D)5E19RF-#I\=YM,H)U!4XE:UZ:ZV
MBQUS7G;*1:S8;2][?-+1J:4;J-\OM]J.^,MOJ#'/F89(;FC8XJ.B=$R![<CV
MC,2\ODC!K6C:M.85'R&WTELD!`8<KXZESJAP<YX-6DTP`:X\&..!HKM89EJH
MS$LI\>TNSI2RN520;%&`<XMFZB#@Y7E7;KJT5*7W$Y-D$MJ(ZM49#<0T&DB2
MHS)$J?5]YV17$\=S-\'\4Z-K_A:O#&VW2,?DR5/32N:QQ+`&4(P)--;+732Z
M-CHV=+T0<1TE&YC)E+:YOV&@D8U=_+D'1I.0.N9W9Y-5R*FVN;O';*;&=BO1
MFBG/8%BI63<4GM[E&(MDEUG:E2R2ILTF9F1B_P!T1?N=K=SJ-LZ*ZFFB>X$$
M#,;6#.&UV@/S-P)H016H4'5>@`LX[>0.C8QP!K7#I'TK\XH?TJC_`!"TU;D&
M(T51;%-.OEY;%YQZ.DL0YG["AR*2UR,B3"L6&_V[*=[>97M1M(MAF2BT;_6E
MO?:396MT'_#NNFUR$-=A'*10EKP,0*U:<*C#:,]#EDANII(J9Q$:5!(^DT;`
M1_*M1^QS3GZ.;>\E%\%CRGPIN]]6]]M%^'74=IW_`)8>8[WB=CFG/T<V]Y*+
MX+#PIN]]6]]M%^'3M._\L/,=[Q.QS3GZ.;>\E%\%AX4W>^K>^VB_#IVG?^6'
MF.]XG8YIS]'-O>2B^"P\*;O?5O?;1?AT[3O_`"P\QWO$['-.?HYM[R47P6'A
M3=[ZM[[:+\.G:=_Y8>8[WB=CFG/T<V]Y*+X+#PIN]]6]]M%^'3M._P#+#S'>
M\3L<TY^CFWO)1?!8>%-WOJWOMHOPZ=IW_EAYCO>)V.:<_1S;WDHO@L/"F[WU
M;WVT7X=.T[_RP\QWO$['-.?HYM[R47P6'A3=[ZM[[:+\.G:=_P"6'F.]XG8Y
MIS]'-O>2B^"P\*;O?5O?;1?AT[3O_+#S'>\3L<TY^CFWO)1?!8>%-WOJWOMH
MOPZ=IW_EAYCO>*=X5^&?3G,"L_\`F.;5WH[F7_[Q12^6YYSO_P#JT7D^3YK_
M`/EMWOR;/#>:-_IUN]J_Q/\`'O8^CR__`"1.KFS?_P`#:4R_+M4&\U^_M.C\
MR%V:O[+ALI_OGRJ==S+3GB/-O+*+J`7GY0[O=X7O.B]TH?BJ_P#40\3O23N9
M:<\1YMY91=0!^4.[W>%[SHO=)XJO_40\3O24MP7\,>$8#E=3EU7=95+GTZIB
MX\>?*J%0W%3*^77JY9,>FCO*2AN6:B)*T_.(O#L%KHG^F^BZ%JEKJMM>73YX
MLU`YT>4YFN9C2,'8ZN!"BWF\%W>VTEK)%&&.I4@.K@0>%Q\BV/'H2HD!$!$!
M$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!%__2]T`Y)6Z`B`B`B`B`
MB`B`B`B`B`B`B`B`BPQK=_<6-?S:U_AK)AQV^G_8:?\`WH?]*96VC_T\_P#5
M?\S%KZ//U?("("("("("("("("("("+.VBOR9-_XTO\`_+#N=S-FI?\`]?\`
M_HJ36-MM_P"[_E7%G%-FJ]5,/R&JJ7;O':ZMCLO,;8:V:^2FRFOW<Q!2KBN5
M&LGZM4=$5:&W2=<;-M9D@S#6K36#O-I.H6MJ9M/CC`(\VC3G<9'8R,H\LRAA
M`-2,KL$LY;0:==022Y)W....(H,HP::BM:XB@-1BH#.P3.LAN-2G[6!;P*VY
MA3+JMG)1`>N%\V*@E8_BL`H^0/DZI$=F4VZVM#;,:P8:=:6M*E;]%/HFMZA=
M[Q274$K+>9CI&.\TR8=$Z*%M)37`/!!`:R5K7-+@368R\LX(K!L;VE["&D8Y
M<<P<\U;Y:$'$EI(('!F'2F+FU;6W%9F=?!BN1K>>_$G1#(U7#]E96-A8V"U>
MD)QNM2G)#;R%&B,;9O*C\D1,$M?6[KQ:S;V]U;:O`QKFRN+7-_\`D+WO<]Q\
M]U0XD.!HRF8QY:,#G5>I.M))(I+5Y(+0"#^S0``;!LH1PUIFKC095'4*N0$0
M$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$7_]/W0#DE;H"("("(
M"("("("("("("("("("*`9U4PKR1A%78$\<.5EK_`"Q1W29>/D,+S&0WN.*;
M=)/[5E.WYI[2VE_I%#K=I#?/T:UN`>A==&M#0X6\Y&-#P@<"FV4KX1=RQTSB
M+A_K&!4_9/AG]5<])L]7C5X5T;ZLW/'HK+M2\\K.+_:G9/AG]5<])L]7AX5T
M;ZLW/'HIVI>>5G%_M3LGPS^JN>DV>KP\*Z-]6;GCT4[4O/*SB_VIV3X9_57/
M2;/5X>%=&^K-SQZ*=J7GE9Q?[4[)\,_JKGI-GJ\/"NC?5FYX]%.U+SRLXO\`
M:G9/AG]5<])L]7AX5T;ZLW/'HIVI>>5G%_M3LGPS^JN>DV>KP\*Z-]6;GCT4
M[4O/*SB_VIV3X9_57/2;/5X>%=&^K-SQZ*=J7GE9Q?[4[)\,_JKGI-GJ\/"N
MC?5FYX]%.U+SRLXO]J=D^&?U5STFSU>'A71OJS<\>BG:EYY6<7^U.R?#/ZJY
MZ39ZO#PKHWU9N>/13M2\\K.+_:I+CV*4F+IF%4(FI.><8WSERD2?!%*1R9-D
MB.QN[><JV[=NW80LM/TJRTP3"T:_^)2N9U?HUI3`>4J//=37)9TI'FUI04VT
M^4^12(6*T("("("("("("("("("("("("("("("("("("("("("("("("("(
M"+__U/=`.25N@(@(@(@(@(@(@(@(@(@(@(@(@(L$?B"S2ST\Q.AS"GBUTVQI
M\MB\WC6S<MZO=](4&15;W.&X,ROE*W&)JE(W7D;%D1GM+:D^(W[UBXT#2['5
MK2*-]Q%="C7AQ:<T4K#4-<QVQQ(HX8TK48&XT2TCOKF:UE<X1NB-2VE<'-.%
M01P>1:G]]'4OA;3KHW*_C(>7_G#O%W7I_,G_`!"Z3PG8=9GXV>[3OHZE\+:=
M=&Y7\9!^<.\7=>G\R?\`$)X3L.LS\;/=IWT=2^%M.NC<K^,@_.'>+NO3^9/^
M(3PG8=9GXV>[3OHZE\+:==&Y7\9!^<.\7=>G\R?\0GA.PZS/QL]VG?1U+X6T
MZZ-ROXR#\X=XNZ]/YD_XA/"=AUF?C9[M.^CJ7PMIUT;E?QD'YP[Q=UZ?S)_Q
M">$[#K,_&SW:=]'4OA;3KHW*_C(/SAWB[KT_F3_B$\)V'69^-GNT[Z.I?"VG
M71N5_&0?G#O%W7I_,G_$)X3L.LS\;/=KL2H+!VWH*"W?;99D6U#2VLAJ.3B8
M[4BRK(LU]N.EYUYY+"'7S)!*6M1)V;5&?A'OMC<.N[&QNWM`?+!&\@5H"]C7
M$"I)I4X5)-.$KAYF"*::($EK7N`KMH"1BJARRKF6)$IV?":C1'CCRY#DIA#$
M9\EH;-B0ZIPFV7B<<2G=49*VJ(MFTR&;KFW8R21\[!&PT<2X``[*$UH#4@4/
ME6(CD+FM#"7$5`IB?F7`W>4CRR;9N*MUQ7-32ANPB+6HIRU-0C)*7C4?/'$&
MEK^L41DG:9#!M[9O(:R[B+O-P#FGZ1HWA_:.#?*=BR,,P%3$X#'@/!MXN'R*
MZ"4M:`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B`B_
M_]7W0#DE;H"*EG3X-7#DV-E,BU\"&TI^7-FOM18D9A!;5NR)#ZD-,MI+Y5*,
MB(:IYX;:&2XN)FQP,%7.<0UH'E)-`!\ZR8Q\CFLC:7/)H`!4GY@K3597C=Z^
MU'I;NNM77ZIF[9*!)1*0[52)<J`U.;=9-;2F5383S1[%;4N-J29$9"+:ZIIU
MZ]L=G>1RN=$)!E(=5A<YH<",*9FN;MV@@K9);7$(+I87-`=EQ%,0`:<1!^8J
M\3)<:!$E3YCR(\.%'?ERI#AF3;$:,TIY]Y9D1F2&FD&H_P#00ERRQP12SS/#
M8F-+G$[``*D_H"U-:Y[FL8*N)H!\I2'+C3XD6?#>1(AS8[$N+(;,S;?C26DO
M,/(,R(S0ZTLE%_H,(I8YXHIX7AT3VAS2-A!%0?TA'-<QSF/%'`T(^4*VPLEQ
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M)X(71,EF8USR0T$@%Q#2XAM=I#07&FQH)V`K6UCWAQ:PD#;0;*F@KY,2!\YH
MOJ%-AV42//KI<:?!F,HD1)L)]J5$E,.I)3;\>2PMQE]EQ)[4J2HTF7R&/L,T
M-Q%'/;RM?`\`M<TAS7`[""*@@\!"^/8^-SF/:6O!H010@_*%4C:OBMU3;5M[
M6P[BGF,V%98,D_#F,&9LR&3,TDXV:B29I,TG^01[6ZM[ZWBN[2426T@JUPV$
M>4+.6*2&1T4K2V1IH0>!7$2%@M6?Q?\`^5$?^;:?^Q6P\R_U8_\`%X_[U'_-
M>NBW7_S)W]4[^5JZP1^;5Z$@(@(@(@(@(@(@(N[K$T/.8'B2([R8\A>$XTAA
M];7+I8>5CL`FGE,FMLGDMK,E&G>3O$6S:7RC]EZ6'NT32A&_+(;.&AI6AZ)M
M#3"M/)457D=R0+RY+A5O3/P_]Q6(L8T[SK$L-S'$VU8UD3][+R&QKKB9SN%N
M6TJ%3L5]G:5\L[U,MV;8(>F/$3J.;NL%N\IRQ<ARFFZ!K>E:1J^EM-M</G?*
M]DCLS?/<V,->]KNDS%SLTCO.&4M%,V?S+2XOK.YNK6Y_B1A@:"T4/F@NJ`1E
MI04:,,0>"F-KNM%+JFDTTS3.<Q63J>KKT\YLGHAQY-O65%=C%?(3&D5%NVA*
M*B,MZ1RR'R4\2%LDT]O.G&O-SKRSDLYMW)FQSQ1-Q>6T,C(V0L-#&\?0!<[,
M'5=0LROJXYPZM%*V5FH,+F.<<!6H:7%YQ#F_M&@I3"H-1@MFRV["V[#/9X3(
MMA;?R["VGL(>CJ@0?40$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
M0$0$0$0$0$7_UO=`.25N@(H=J!1MY)A]W2N54B[3.8CH*NAV3%/+=6U-C2&G
MHEC))4:-*A.LD^V;A&A2VR2KP&8J-=LFZAI-Y9NM73!X'F->(W$AP(+7G`%I
M&85P)%#M4JRF,%U#*)`S*3B1F&PC$#$@[,/*L$(P+5BV+&&<FF3WF-W$&,F*
M)DB*]QV!"RC/Y-PW)73R*U,B<K'+6L;ENLI+G;J#\*]TS'$MT/>BZ&FLU&5[
MF?P!-EE#26MFNC(#T995W1/A#W-'\1P.)HK@WFFQ?$&W:T'S\E65Q+(PVF8&
M@S!^4'Z(\E5C%=+GR<CJ\-L)%K:9++QR%`D);R2SD1X$!G2>WK9U7;PS650_
M'EY2\W)Y\M;B#=<2@EFLU)3S1L]<&H6VD7$DLFHOMVM-)7D-:+)[',>W^C(=
M,0_I"2*D"M20+`2V7027;&M;;B0GZ(J3TS2"#]($,J,OD%:465L+TWU,K;Q;
M\[(;>DW,?K:V#81)U9<5$:+&J,:CIJE4,YYUKG4&57RDI4F.31<JXZ3JUNF0
MZC1]WMX[:]<^:_EAI`QC7M<R2,-$<(R=$XD5:YCP"&Y?.<X.)<JZ[O\`3Y(0
MUD#7^>2006N)+GFN8<!!'#7`"@HK=<:6Z@%5Y65?SB=*R'4&]LGHK=O!JC73
M282EUUY">ANUZV)SUJVV3S+\AUMIDS4B.;J4**/>;LZ[\-J?09GR3W\CRT/:
MS^&6^9(TM+*.+P,S7.(#:D1Y@",XM1LNDML]`UD#17*3YP.+36M12M"`"3M=
M2JL<C2/5"?7S9<Z5>KOU1LA**HLYFMM&\G$<2;QG?;9N$Q-K.5Q9[IF9;#61
M+<VIW!"?NKO+/!-+-).;[++E_P#LN`KT$`AP$F7"<2.^>A=446X:GIS'L:QK
M.AJVO\,?7?G_`&:XL+1^H<*Y<EQW4/&HV2YO9293%G62[ZQQMQNR?L%S)4G4
MBKNZ#'.90'WI+U=;U+;D8HNSDD$X2%$G86S+4=/U[3H]1UFXD<VXC?(^$AY=
MF<;MDD465I)+9&`LR?1%0#1?+>>QN#;V<;08W!H?A2@$1:YU305:ZAKMPJLH
MV^G60V&.Z64_I6VY[CBILC([V/9LMVQ3)6$7]>^^U)G)DFZB=>6*65I)*S3'
M=,BV$6\7376@7\^G[LVGQ,O36Y<99`\!^8V\K2075KFD>&D4-&D[`*BNBOH&
M3ZC+T;<DE`UI'FT$C2,!38T5^<+%M;I5JS#8I8;#TB`_#QREKV;)G+'F(%1`
MB8):TUMBZZJ))6U(>G98ZQ-1*0TXE.PE$M*D%MYFWW8WIB99PL>Z-[+>-@>)
MR&L:VV?&^'(TT)=.6R!X!`VU!:K%^I::YTSG-#FF1QIDQ<3('-?4C"C*MI4?
M-BKM7X5JZ_=X[<64&:E4/,*VQD5LW,BDT<:H8HL2KY<F2U7V4>9(G-S*V6]&
M2@G6B6MQ+S+J'U&)4&C[UOO-/N[B!]67;'%CKBL;8Q'`UQ(:\.+@YCW,`JVI
M<'M<UY*UON],$,\4;VXQ$5#*.+BYY`%10"A:#L.RA!"M9:=ZKPJT[67;6D&V
MK:&JB)LG<JFRV(#+6EN45E_+7"C3929+B,N57NJ6AAV0ZILG$;VZ8C=@;T0V
M_P`5+=2LNHX&-SF=S@T"RF9*XM#G5/3]$XD-+C3,*T6SX[37OZ)L;3&Y[C3(
M!7^,PM%2!3S,PV@"M"LB?AZ?G2J3*)#S5BS7^GX,>J1.M["\9W8F+T+%FNNL
MK%2G)$-ZY3(7\S]DAQ2D),]TQ?[A232V6I/>V00=.T,S/?(/-AB#\CWXEIDS
M'#`$D#8H&MM8V:W`+<^0DT:&[7NI4#ART'EI0J[:[1($[',=BV<"+:07<M8Y
M>#,Y?FS^YCF2N-\IS9Z.]^R>0E9;JR^<DMNTMI'*WWC@FTZPCN(&RPFZ%6NK
M0_PIB*T(.!H=NT+#1G/;<3NC>6OZ(XC;])GEJM:_93!.`L9_-=]=#SCLW1>X
MK;[SWBZ'XB\Z[)]GT4]E,$X"QG\UWUT'9NB]Q6WWGO$^(O.NR?9]%/93!.`L
M9_-=]=!V;HO<5M]Y[Q/B+SKLGV?13V4P3@+&?S7?70=FZ+W%;?>>\3XB\Z[)
M]GT4]E,$X"QG\UWUT'9NB]Q6WWGO$^(O.NR?9]%/93!.`L9_-=]=!V;HO<5M
M]Y[Q/B+SKLGV?13V4P3@+&?S7?70=FZ+W%;?>>\3XB\Z[)]GT575F&8!*LJ^
M*]@.-&U)G1([I)]-I4;;TAMM>ZKTSX#W5'L,;[;2=#EN;>)^A6V1SV@_TFPD
M`_\`R+"2YO&QR.%[)4-)_9\G_"M[6V(E;%9B1FVXD"MBLPXS1*4346#`81'C
MM[[JU*Y-B.RDMY2C/86TS_*/<&LBMXV11M#((VAH'`UK10"IX`!PGYUQ9+I'
M%SC5[C4_*3B>,J/R<TQ*'2P\CE9'3QZ&P-M,"V=GQT09JG2<4VF*^I9(?4I+
M2S(D[3V),_D(Q`DUC2XK.+4)-0A;8R4RO+@&NK6F4\.P[/(?(MS;2Y=*Z!L#
MS,W:VAJ/G'`JF%E&.V4Q=?77-?.FMRK&$[&AR6Y+K,NH..5G'?2R:^1<@JE-
M$X2MFZIQ)?*9$-D.IZ?<RF"WO(WS!SVD-()#F4S@TV%N85KL)`X5\?;SQM#W
MQ.#*`U(I@ZM#^FAI\ROHG+2@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@
M(@(@(@(@(@(@(@(@(O_7]T`Y)6Z`B`B`B`B`B`B`B`B`B`B`B`B`BPQK=_<6
M-?S:U_AK)AQV^G_8:?\`WH?]*96VC_T\_P#5?\S%KZ//U?("("("("("("*Z
M4?\`?5/_`-4K_P"ULB58_P#>V?\`6L_G!:IOZ&7_`(3_`"+;C+J)6345S0%/
M?K$VS"X;LR.VAUQ,9QU/.F>3<-*5M2XQ+9<+:1[CA[#(]ACUG5;(ZE8W=B)W
M1B5N4N`J:$XBAX'"K3\A*Y6UF^'FBFR!V4UH?+P<1Q'S+`]EHSE\G$,1QJ+D
M];'E8=SHZNSB'=4S[4FSB9#"D3TKJ9+3A/4J+"&Y#;2:&WC9=0^9H<\'$7&Z
M&K2:5I6G1:E&V2TS9'MZ2,@O;*TN\P@UCS,,8%`[*YK\'874>JVK;FZN'6[B
MV6E0<KA0%I`\X?M4<'':*@C$*^M:26=7G+&4XY;,TL([6.]:0FIEF\JVBO+B
M6%]+=;>)QJ-(N9S2HZH+:B@H8;9?3L=;)LIK=U;FVUIFIZ?="&'I07M#GG.T
MY7RN(-0#(X%AC!Z,-#'BCFY5H.IQR6;K:>(O?E-#0>:<0T?*&C',?.J2-AJL
M\#N%3H"("("("("("("("("("("("("("("("("("("("("("("("("("("+
M_]#W0#DE;H"("("("("("("("("("("("("*&Y5'CRK3`V)<:-,CKRV7RD>9
M&8EQG-W!LT6CE(\AMUES<6DE%M2>Q1$9>$B%1J<<<MSH;)8VOC-TZH<`X'_Z
MUQM!!!QQQ&W%2K9SFQWKFN(=T0Q!(/\`21\(5]]`8[PWC7N[2^8B;\#I_=MM
M[&/T5IZ>?K$G/=RIZ`QWAO&O=VE\Q#X'3^[;;V,?HIT\_6).>[E3T!CO#>->
M[M+YB'P.G]VVWL8_13IY^L2<]W*GH#'>&\:]W:7S$/@=/[MMO8Q^BG3S]8DY
M[N5/0&.\-XU[NTOF(?`Z?W;;>QC]%.GGZQ)SW<J>@,=X;QKW=I?,0^!T_NVV
M]C'Z*=//UB3GNY4]`8[PWC7N[2^8A\#I_=MM[&/T4Z>?K$G/=RK[;HZ%I:'6
ML=QQMQM:7&W&\?ID+;6@R4A:%I@DI*TJ+:1EX2,?6V=BUP<W3[8.!J"(HZ@\
MU?#-.00;B2G_`!NY5<S,S,S/PF9[3/\`TF)*UK\!?4!$!$!$!$!$!$!$!$!$
M!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!%_]'W0#DE;H"("("("("(
M"("("("("("("("+7+\3^0W6*Z?U=]CU@_57$#+:_F<^-N<LQSJIO8<C<Y1"
MT?M8LA:#VD?@48\^_P!2;^\TS0;:^L)W17;+IF5PI49F2-.VNUI(_2KW=Z"*
MYO9(9V!T3HC4'AHYI'ZPM"^\'K/]X-W_``7F@\/\>;W]^S?9]%=EV'I/4F?K
MY4[P>L_W@W?\%YH'CS>_OV;[/HIV'I/4F?KY4[P>L_W@W?\`!>:!X\WO[]F^
MSZ*=AZ3U)GZ^5=E&A.07.4Z185?Y!/>M+BP8OSFSY!-D_).+EV0P8YN<FAM!
MFU$BMMEX/T4$/T1N3?7>I[J:+?7\YENY&RYG&E3EGE:*TIL:T#Y@N!UB"*VU
M.\@@8&Q-+:`<%6-)_625+&LWQY<W(X#K\V#(Q6"=I<>DJJSKVVZHG+%GTI$>
MEQ&F[&N4[4R4I=8-Q"N2,R,R,C.T;K-@Z;4('/>R2U9GDSL>T!E7C.TN:`]M
M6/HYM0:8<"CFTG#('@`MD-&T(..&!H<#YPP--JC#>L^`.M,N(LYG+/MRS1"<
MI[1B<4J*S+D-UCL:1%:4Q:V#,%Y42.O=<DI;,T$9;#.M;O?H3F,<+E^9P=1I
MC>'9@'$,(+11[PUQ8TT+P,%(.E7H)!C%!3',"*&@K4'8*BIV"N*RH.G5<@(@
M(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@
M(O_2]T`Y)6Z`B`B`B`B`B`B`B`BB&99E$PFOCV<^JO+.+(FQ*\SI(<>8N/(L
M)<>!!*0E^9#)"9DZ6VR@R-6U:R(]A>$5.KZO%HT$=S/:SR1N>UO\-H=0N<&M
MK5S?I.<&C;B5)M;5UV]T;)&-<`3YQ(J`"32@.P`GYE9;?5;#J>!'G/6D%TRO
M*"AN8;5I4G,Q:5?2TQ"7DS13U(J45J]\Y/**VH)M>S;NF(=WO1I-I!',^Y8?
MXT44C0]F:$RNRUF&;S`PUSU.%#MHMT6FW4KW,$9'F.<TT=1X:*^9AYU>"GE"
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M"#3RT*UM_%__`)41_P";:?\`L5L///\`5C_Q>/\`O4?\UZOMU_\`,G?U3OY6
MKK!'YM7H2`B`B[<_PU?Y%Z>__'R?_'.4#]5_Z=_^$Z!_PS?_`+,Z\QU__.+[
MYV?]-BN#VEUG+FYT].S%R3#SU3T.S8.ABE,CXXN%8U\?'(M@Y->Y*'#C6!FV
MM#2%<L:W#(U.J&]^[5S+-K;YM7+HKZK7CHFYA%E>T1-<7&C6AV!#0<V9QQ<5
MB-1C:RS#+6CH<0<QH75!+B*;21CCLH.!6B5H35V%(FOL;=,JX=M+2UFY*5+"
M9M''IM8J%#8@+0\;E9%@38\.6:4N+-YV+LVI2XK9$EW)MKBS$%Q=YKLRO>Z;
MHVAY+F96AIK5C6N$;Z`G,YFT!Q6QNL2,ESLCI$&@!F8TP-23Y21F&S`'AHLO
M8Y3^S]%4TARW9QUD)F)SMU)H4]R2=F\39N/&TT7R(0:U[B").\>S:?5Z?:?`
M6-K9]*7]&P-S'AI\E30>05-!05*K)Y>FFDERTS&M%>A-6I`1`1`1`1`1`1`1
M`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1?__3]T`Y)6Z`
MB`B`B`B`B`B`B`BC678[[54IT_/.8;;?&[7G'-^=?_7LCJ<@Y#D>7C_\7Z+Y
M'>WOV>_O[%;NZ=;JNG]IV?PG2Y/XL+ZTK_12LEI2H^EDRUKA6M#2AWVT_P`-
M+TN7-YKQ2M/I-<VO#LK7Y=BP5W?)S<AJ0QE\!)TTR$_C29&+JDI*/"S.9G)-
M9+NWS"[N0Y9S.04ZVJ+O,)-1I-QPS+BO`<[7MDCU:,&%[3#6&N#;AUS2;^*.
MD)>[*7#)YH)(S.-+GMMA:0ZU=YX(?1]-K!'YGFG**"M#7'Y`OA'X>)ZTU\*7
MG;SM1$@2F%06JF7'Y&59TV45-HY4L,9`W45S#R\G<?;4N)(DM&VELG>3WB5B
M-P9R((9=;)M61D90QPHY\<S'E@$HC8#TQ<"6/>*!H=EJ".N,\][;,"4N&.8'
M`.8X5\W,?H`'S@#4FE5>DZ-7[I)*9E6/&<K!)&FUJ</#7HFS&MDCF<RF+VE<
M*MR`CD+Y9T^5CKWD[&2Y).],&Z%\ZG2ZG;^=9&T?EMRW^#CE='_&.27$YG',
MTU'F>:*ZNU817+;/PF$HJ^OG\(=YF+?(,#\N*G>G.!R<)8N5V%K$M;&[DU3D
MARNJU4U<PQ245=C\%N/`7/LEI?=B5J7'W.5V+=6>Q*2(A=[OZ')HS+MT]TV6
MXF<PDL9T;`(XV1-`;F?B6L!<:XN)H`%#OKQMV8@R,MC8#2IS'SG%QJ:#A-`*
M8!6?665*A5.+RH4E^)):RU')R(KSD=]O?Q?*&U[CK2D.(WVUFD]A^$C,OD,1
M-[Y98+33989',D%T*%I((K#,,",=F"VZ2UKY;AKV@M,6PXCZ;%A3VJR?B.^Z
M8L/.!Q7:FI]XS^T?RJY^%MNKQ\T<B>U63\1WW3%AYP':FI]XS^T?RI\+;=7C
MYHY$]JLGXCONF+#S@.U-3[QG]H_E3X6VZO'S1R)[59/Q'?=,6'G`=J:GWC/[
M1_*GPMMU>/FCD3VJR?B.^Z8L/.`[4U/O&?VC^5/A;;J\?-'(GM5D_$=]TQ8>
M<!VIJ?>,_M'\J?"VW5X^:.1/:K)^([[IBP\X#M34^\9_:/Y4^%MNKQ\T<B>U
M63\1WW3%AYP':FI]XS^T?RI\+;=7CYHY%GO2>RL;*CM%V,^;/6U:H0VN;*?E
M*;2<-!FE"GW'#0DS\.PO!M'=[JW-Q<V5RZXN'R.$N&9Q=3S1LJ2J/5(XXYHA
M'&UH+>``</R*23LTHX&74N$NKDN7MY#F3V&V&.4CQ(L1F2\ERPD&M)1SFE"?
M)A)$I3AL+\!$G:+*;6+*#5;/1G.<;Z9CG``5#6M!-7'@S979=M<KME%'9:3/
MMI;L`="P@''$DTV#AI45\E0H&_KQA$68]#D-W3*V[Q%*RZY$A(8EHYYDM?)N
M(ZE6)+*JA3<1GMN<HEN4:F2Y-E9.-FJCDWWT:*5\,C9@1-T8):VCO.F:9!Y_
MT&N@E!J`_P`T96',VLQNC7;FA[2PC)FVG#!A#3AM(>TBE1CB10TRC0W47(JB
M!=04/MQ+%A,F.B4EMN03#GSF5O--.O$RIYHTK)"C)Q!*(EI2K:DNFL;R+4+2
M"\A#A%(VHK0&AV5`)I44-#B`<0#4"NFB=!*^)Y&9IH:;/_S]7DP5W$M:T!$!
M$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!%__4]T`Y)6Z`
MB`B`B`B`B`B`B`B`B`B`B`B`BP[K0P_)IL89CLNR'EY:C<99;6ZZO=QC*%JW
M6VR4M6ZA)F>PO`1;1R&^+'R6>G,C87/-T,`*G^AFX`K72'!LUP7$`=%_SL6#
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MZ<,T-C=":)S"9>$$?LCRJCU5['S19'`^;P&O"KC>:9X_=9%'RY$FYILDC-26
MV[6HL-Q9J?JWZAEY<.>S85INP8TA2F?V))Y0]KA+(S2<J]W<L+S4(]5$DT.H
MM!`?&ZFUAC!RN#F5:"2WS:5^D'#!:8=0GB@=:EK'P&F#A\H=M%#B1CC\U%;U
M:18PM[-)3BY+LO.5I]*2%0Z*.J+'*7-E*8KTUM-7ERZRL'4',D<XL#3N&I]2
MD),HYW4TTOUB5SG&6]/GG+&,HS.=1F2-N/G$=(_/+2E7DM"V#4[@"T:``V'8
M*N-30#&KCY!YHHW;YN*D>&813X)!LJ^D7+5&M+F1=O(EJC&3$B1$@PN0BHB1
M8;345J-7MDDC2I:E;REK4I1F=AH^C6FB0W$%F7]'+,9#FI@2UK:#*UH#0&BF
M!.TDDDE:+N[EO'QOF`S-:&X5V`DU-2<:D_\`HI@+=14!$!$!$!$!$!$!$!$!
M$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!%__]7W0#DE;H"("("("("("("(
M"("("("("("*(Y*LF[C`5J639)RV9M6:B21;<$S4OTC,B+:9[!4ZB0V[T(DT
M'Q3O_P!:X4FW%8KT4_\`B'_4C4JY\U]<;\H3XXM.F;ZT<:C9#]7]2<^:^N-^
M4)\<.F;ZT<:9#]7]2Y^4<V$?*+V*2E23WE;#2HB4E1'M\*5),C(_RD,\SL,2
MOE!Y$Y1SZ:_UE?ZPS.\I2@\B<HY]-?ZRO]89G>4I0>1.4<^FO]97^L,SO*4H
M/(G*.?37^LK_`%AF=Y2E!Y$Y1SZ:_P!97^L,SO*4H/(OPU*5^DI2MGR;3,__
M`-1\))VE*!?(+Z@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(
M@(@(@(@(@(@(O__6]T`Y)6Z`B`B`B`B`B`B`B`B`B`B`B`B`BU9_%_\`Y41_
MYMI_[%;#S+_5C_Q>/^]1_P`UZZ+=?_,G?U3OY6KK!'YM7H2`B[H=(_\`*S3K
M^2<9_P"SQ!^P-U?_`!G=_P#N4/\`TVKRC4_\QOOZY_\`.*_:S4*))K,XMK:K
MFT4;![VPIIC,ER-+F3$0:FIMF94=F$X\WRMBU;-I882MQQ2C21[%JW$K?7HI
M+;6KJZMGP1V4[XW`D.<[*QCPX!I(J\/`:T$DF@VF@26+FR6<<4@>Z9@<*5`%
M7.;0U\F4U.`_1BL=,?B`BD5&NTQ>52,WD1EUN78V2&H$2:>22*.9#E3^8<U)
M,"%"D2UK2I2U$RIM+9GL4*!F_<5+(W.F.A;.P$.>^C6NZ8QN:YV7+YK6N>2#
M4Y2T-.U3G:*ZLPCN`\L.P#$C('`@5KB2&_IK7@6P3#[,IAF3&=;?CR&FWX[[
M*TN-/,O()QIUIQ!FEQMQ"B-)D9D9'M'=L>R5C)(WAT;@"",00<00>$$;%2D%
MI+7"C@<5RC-?$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!
M$!$!$!$!$!$!$!$!%__7]T`Y)6Z`B`B`B`B`B`B`B`BA^;Y0YB-/$M&X:)RI
M.08W2&RMY3!(3?7<&H7():6W3-49,O?).S8HT[-I;=HJ=9U)VE6D5RV$/+IX
M8Z5I_2R-CKL.S-6G#2F"DVEN+F5T9?2C'N\OT6EU/TT6))VO7,Y5_7N8X\T]
M4GJ2INT-Q^34ML8#;>BTOS4QXW._]\\"WDMD9L;[:2WS7X.4GWXZ&6^MW:>X
M/B^+H_%S`+5^2KJ#-YVUU/HU:,:X6;-&S-@>)P0[HL,`?X@KA4TPX*[<=E%S
MOZVOUK-S*FT[<]-9[7K:A529B9<B/CN08[2QI*WGDNQV(ZBO-KZC^>2MW=1L
MWMFQ^^4ENR\DFM`\1=.0UF;,1%+%&"2:@#^)YQVUI04JO@TALAB:R6A=DQ-*
M`N:YQ'E)\W#]95W1KCBL&0]%OWG(<@\DM:=MF/#E&Y6PJV340E2[Y#^XJ*IJ
M;<M-.&URJ=XS-.U*'%)E#?33(9'Q7[RR3XA\8`:ZK&L+&YI:[*.D:TY:BM:5
M#7$:CH]R]H="*MZ-KL2,20XT;Y<&DBM/UA9!P_,Z?.*^3:T:9IP(\^37I?F1
MN;%)=B+W'7(Z>46LVB7X-BR0X1_I)(7VDZQ::U!)<V0?T#7EM7"E2W`D8G#Y
MZ'R@*%=6DMF]L<Q&<M!H#6E?*L,?BFIK+(-.:ZHIXIS+&7EM;S>,EQEDW.;U
M=W*>V.2'&F4[C#*E>%1;=FPO#L(<A_J9:7%_N_;VEI'GN'W3*"H%:,D)Q)`V
M`G:K7=V6."^DEE=1@B-3\Y:.!=??8WJ5PP[TC3=8CP?PCO%W:>?'Z:[;M6PZ
MQ]EW(G8WJ5PP[TC3=8AX1WB[M//C]-.U;#K'V7<B[4]-%QZC3S!ZNRGU4.PK
ML3H(4Z(];5A.QI<:LC,R&'"*69$MIU!I/PGX2'Z=W==':Z!HMM<3Q,GCM8FN
M:9&5#@P`@^=M!7G-^'2WUY)'&XL=*X@Y3B"33@57(QG3Z6NP5,]`36[:S?N;
M6'-OF)E996,BM@5#CUA4R;)VLF(3!JXY(:<:4TTXT3B$I=VK/9)IV@RNG,W0
M/;+(9'M=*',>\L;&2YA>6.&5C:`M+00'`!V*Q;<7S0P,S@M;E!#2"`"78.`J
M,2<0:D&APP5K5@.F!TT''FVZ.-2UI6)P:Z'D;<1F*_:3&9\F8RMBS0^B:B2S
MM9=)>^RE2D(-*%&D1CH>[1LX;!H@;9QY\K&RAH:7N#BX4?4.!'FNK5H)`H#1
M;/C=1Z5\YSF5U*DLK6@H!LV4VCAVG%3:"]05L*'70K.ECPH$6/"B,)N:]268
ML5I#$=I*ES%+43;39$1F9F>SPF+F%]A;PQ6\-S"V%C0UHZ1N`:*`8NK@`H;V
MSR/=(^-Y>XDGS3M.W@5U0MMUM#K+S#[+A&IMZ.\U(9625J;5NNLK<;5NK09'
ML/P&0E-<US6O8]KF'8000>#:*C:M9!!((((\N"^A]1`1`1`1`1`1`1`1`1`1
M`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1`1?__0]T`Y)6Z`B`B`
MB`B`B`B`B`BL.2XW5Y93R*2X;?7#?=B2$N19#L.9%EP);,Z#,ARV%(>CRHDR
M.A:%)/Y4[#(TF9'!U'3K;5+22RNP[HG%IJTEK@YK@YKFN&(+7`$'CPJ%NM[B
M2VE;-$1F%1B*@@BA!'"""H'*T5PF9"8A.%=$2(V4Q9DI%S+Y];HS)Y$K(%W$
MEPW%SWIDMI+N\K9NK26SP$1"CEW.T:6%D+NFP;,USND=FD^((,ID)KF+G`&I
MV$#@%%,;JUVUY>,FUA`RBC<F#<HX*#!5SVDF'/MV+;C%ANVD+(($DT6#S:R9
MR6RJ+:Q6RM!)4T\F=21UM*_V"29;#(S(;G[JZ2]MPUS)*2LE:?.(PF?&]Y%-
MAS1L(\E*<*P&IW33&06^:6D8?4#FC]3C542]%\*7*:L%)M_2*+&RLW;'TH[S
MR8[;KKGK%F8[N;'X\A^K:<V;"4A>\:5)WU;=)W/T=TK9R)?B!(]Y?G.9Q>6%
MP<>$$L:?*#6A%2LQJUV&EE6]'E`I3`9:TI\HJ1_+L4MQ;"Z;$%7+M6<]Z5D%
MBFSMIEC-=FR94I$9J(VI2U[J4DVRR1>!.\HS,U&9BUTS1[/23>.MB\RSR9WN
M>XN+G4#1Q`>2IX25&N;N6ZZ(24#6-H`!0`5JH)K=_<6-?S:U_AK)A1[Z?]AI
M_P#>A_TIE-T?^GG_`*K_`)F+7T>?J^0$0$0$0$0$6V&FO_TFD_\`"R_[O8#U
M7=S_`"6Q_P#?_P!1ZY?4/^\G_1_-"M\#,+F5GV3X2[7U[95E!'O*B<H[2-SD
MI3W-VF7DS(3+5BPE:DF[(@K>987M96?*D9%I@U:\DUW4M&?;Q@1P"2-WGBN8
MT`.9H#Q]9T9<UIJP^=@LWVL3;*WNP]WG/+7#`TICP'#Y`ZA.T8+&$G6G,:NL
M5:66)ULJO*ZRZC*ZJ%W3]+R]'R%7627);T%"8T.9DQ/1UJ=4@UL(WV26:3(^
M:DWPU>VMC<W&EQN@Z:>/I(^D,=8Z,82XMP:Z;,TDD5:,S*T(5@W2K623HX[E
MP?D8[*[+F\[$BE<2&4.'#@5L)26\*^JH5M72"E1)C1J0\4:5#,W&G%L2&W(<
MUMJ;#>8DM+0MEY*76EI-*R)1&.]L[N&^M8;JWDS1/&!H6X@T(+7`.:0006N`
M(((.(5)-$^&1\4C:.'R@_*,1@<.$8'@5T$I:T!$!$!$!$!$!$!$!$!$!$!$!
M$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!%__1]T`Y)6Z`B`B`B`B`B`B`B`B`
MB`B`B`B`BQ5JO4S;V'B557(;7,E9:?(I=>;8;/D,3RN2YO.NJ2VC8TRHRVGX
M3\'RCE]Z;2:^ATNUMP#,ZZPJ0!A!,3B<-@*LM,E9"^YED/F"+Y]KV!8V[)<T
M^J5_2]=YP.:\*:SZJ/VC.56/:EG]9W-/(G9+FGU2OZ7KO.`\*:SZJ/VC.5.U
M+/ZSN:>1.R7-/JE?TO7><!X4UGU4?M&<J=J6?UG<T\B=DN:?5*_I>N\X#PIK
M/JH_:,Y4[4L_K.YIY$[)<T^J5_2]=YP'A36?51^T9RIVI9_6=S3R)V2YI]4K
M^EZ[S@/"FL^JC]HSE3M2S^L[FGD6>,-J)M%C-75V*6D3(R9AO(9?:D(3RUC,
M?;+E65+;,S:=2?@/P;1W>CVDUCIMK:W``F:'5H01B]Q&(PV$*DNY63W,LL=<
MAI\G``OAO"<4:LI5PW1P4VLR;'L)-@2%G*<E19"Y;"^6-9K0A$IPW.33L;4L
M]XTF8^-T;2VW$MVVR8+I[PXN_:+FG,#7Y'&M!@3B0AN[DQMB,QZ,`@#@H13^
M3"NVBYO9#&?1-?1'30SIJM3JH-8I"E0VC?B383N^PI9HD$Y'L7B,G=\M]>_^
MF25%EV3IOPL%E\&SX2(G*S]D5:YIPX:A[MM<37:`1\^*N.E?-TIZ5VT\.T']
M&(&SYMBNE75U]+`C5=5$9@U\1!HCQ6$[K;:5+4ZLRVF:E+<=6I2E&9J4I1F9
MF9F8E6UM;V<$=M:Q!D#!@T;!C4\9)).TG$K7)(^5[I)'$O.TJO&]8("("("(
M"("("("("("("("("("("("("("("("("("("("("("("("("+__TO=`.25N
M@(@(@(@(@(@(@(@(@(@(@(@(@(L=:AY!2XLK"[[(K%FIIX&6N\\L)")#C,?G
M6&Y?#C[Z(K,A\^5E2$(+=0?A46W86TRY_7[^STPZ/?:A<"*T9=',XU(%;>=H
M^B"<7$#`<*G6,$MR+N&",NE=%@!3&DC"=M!L"L?>!T6^\2G\BONIQ"\=[G=_
MP\V7W:W=B:MU%_&WTD[P.BWWB4_D5]U.'CO<[O\`AYLONT[$U;J+^-OI)W@=
M%OO$I_(K[J</'>YW?\/-E]VG8FK=1?QM]).\#HM]XE/Y%?=3AX[W.[_AYLON
MT[$U;J+^-OI)W@=%OO$I_(K[J</'>YW?\/-E]VG8FK=1?QM]).\#HM]XE/Y%
M?=3AX[W.[_AYLONT[$U;J+^-OI)W@=%OO$I_(K[J</'>YW?\/-E]VG8FK=1?
MQM]).\#HM]XE/Y%?=3AX[W.[_AYLONT[$U;J+^-OI)W@=%OO$I_(K[J</'>Y
MW?\`#S9?=IV)JW47\;?23O`Z+?>)3^17W4X>.]SN_P"'FR^[3L35NHOXV^DG
M>!T6^\2G\BONIP\=[G=_P\V7W:=B:MU%_&WTD[P.BWWB4_D5]U.'CO<[O^'F
MR^[3L35NHOXV^DG>!T6^\2G\BONIP\=[G=_P\V7W:=B:MU%_&WTD[P.BWWB4
M_D5]U.'CO<[O^'FR^[3L35NHOXV^DG>!T6^\2G\BONIP\=[G=_P\V7W:=B:M
MU%_&WTD[P.BWWB4_D5]U.'CO<[O^'FR^[3L35NHOXV^DG>!T6^\2G\BONIP\
M=[G=_P`/-E]VG8FK=1?QM]).\#HM]XE/Y%?=3AX[W.[_`(>;+[M.Q-6ZB_C;
MZ2=X'1;[Q*?R*^ZG#QWN=W_#S9?=IV)JW47\;?23O`Z+?>)3^17W4X>.]SN_
MX>;+[M.Q-6ZB_C;Z2=X'1;[Q*?R*^ZG#QWN=W_#S9?=IV)JW47\;?23O`Z+?
M>)3^17W4X>.]SN_X>;+[M.Q-6ZB_C;Z2F>)9]AF=HL7,/R*'?IJ%0D67-&9[
M)Q%6)3%0N4*=#B;W."KWMFYO;-P]NS:6VXTK7-(UMMP[2=09.(BT/RAPRY\V
M6N9K=N1VRNS%1+FRN[,QBZ@+"ZM*TQI2NPG94*7"U49`1`1`1`1`1`1`1`1`
M1`1`1`1`1`1`1?_3]T`Y)6Z`B`B`B`B`B`B`B`B`B`B`B`B`BU9_%_\`Y41_
MYMI_[%;#S+_5C_Q>/^]1_P`UZZ+=?_,G?U3OY6KK!'YM7H2`B`B`B`B`B`B`
MB`B`B`B`B`B`B`B`B`B`B`B`B`B`BWZ_!#_PNJ?_`,C`O_;S<>Z?Z,_T.\__
M`!6O\ERN+WN^GIOS2?\`^:V>RS)KNERVCK2G4=7C5IC66SI5G.COO2ZVPH(;
M4OTA(4J7%A%4Q&)"'%H,R6O=7M6@MACT?5-1O+/5;*W$\,6G2VT[G/<"7,=$
MT.S'SFMR-!!(VFAJ0*+G[:WBFMII,CW7#9&``'`AQI08$YC3^3`J#,:BY`O2
MB?E*;ZD>R".NQF4I)J4/2L@J';:358ESC'V;AIVKF9&^Y&27[17)&X1&C?WD
ME2LW@OSNO/J8OH3?M+W1^8"98R\L@K$)`6.E)8-OFUH16H$MUC`-29;="\0&
M@=YV#7907T=EQ#17@QIMHJ.3J5FN*9G`I,Z;BL4\J95DU-IHD!U<DY59>,\W
M4RJTE28E?.EP52FG'";EJ572F6VUI-I2],F\6LZ7K$%GK;6MM'/91T;6FN9D
M@I3.2UKG-+P31Y,4K&M(RDY-L+2YM7RV9)E`.#B<*%N.P`D`T(%1YS22,:;(
MCT142`B`B`B`B`B`B`B`B`B`B`B`B__4]T`Y)6Z`B`B`B`B`B`B`B`B`BQ_J
MED=EBF"W5Y4.,,6##E/$8ERF2D1X!6]Y6T[]DZRM2&W4UD>>N1L69-F;?S_F
M[10[S:A<:7HEY>VCFMN&F-H<X5#<\C(R\C`'('%V.&&.%5-TZ".YO(H902PY
MB0,"<K2ZGZ2*?IP6`+;5'42HD6&/1;BFO8]??9U1GEDMJ-!L9K5/IS[7130Q
M50%4GI"LDO+3M;0A+SK+32T(WW'"X2ZWEU^TDGL(KN&>..>YCZ=P#7N$=IT[
M<&-Z/,PDC``.<UK2UM7.5U%IUC*UD[HGL+F1NR"I`S2Y#B3FH1Y=@)()H`JJ
M'^(3(JZMJ*B=AOIK*DQJYR44&VE/,V%>K#\<RA4Q+K&/_L+F:S?(2;!M)BM.
M)6?+&A)&>V+?W4+>WM+2;2.FU/*PNRO<0YOP\4V:HBPD<)0,M`P$..>@QQ=H
MD#Y)96762VJ:5`P.=S*?2^B,NVM2*856?,&RFTRMC()<^HC546LRB_QZM4U.
M=E2)[=!:S*J1-EQW(<;T>MQ^*9$UO.GX#,S+P$.YT34[K5&7TL]JV**.YEB9
M1Q<7")[F%S@6C+4M^C4_.J6\MX[8P-9*7.=&UQPH!F`(`-37`[<%C'\2^/O9
M3@E30QYT"M>GY;`W)MISXH+/-::^F*Y?T;!LIO[1,<T)W&5_/46W8G:HN;_U
M&L7ZGHEK9,GCC<^Z;YS\V44CE=CD:]V-*"C3B16@J18[OS"WO)9BQS@(C@*5
MQ<T<)`X?*M'N[]<\<X%^MG'P./%_`MUWW8_XG\,NO[:CZE/]W[Q.[]<\<X%^
MMG'P.'@6Z[[L?\3^&3MJ/J4_W?O$[OUSQS@7ZV<?`X>!;KONQ_Q/X9.VH^I3
M_=^\3N_7/'.!?K9Q\#AX%NN^['_$_AD[:CZE/]W[Q.[]<\<X%^MG'P.'@6Z[
M[L?\3^&3MJ/J4_W?O$[OUSQS@7ZV<?`X>!;KONQ_Q/X9.VH^I3_=^\3N_7/'
M.!?K9Q\#AX%NN^['_$_AD[:CZE/]W[Q.[]<\<X%^MG'P.'@6Z[[L?\3^&3MJ
M/J4_W?O$[OUSQS@7ZV<?`X>!;KONQ_Q/X9.VH^I3_=^\3N_7/'.!?K9Q\#AX
M%NN^['_$_AD[:CZE/]W[Q.[]<\<X%^MG'P.'@6Z[[L?\3^&3MJ/J4_W?O$[O
MUSQS@7ZV<?`X>!;KONQ_Q/X9.VH^I3_=^\3N_7/'.!?K9Q\#AX%NN^['_$_A
MD[:CZE/]W[Q.[]<\<X%^MG'P.'@6Z[[L?\3^&3MJ/J4_W?O$[OUSQS@7ZV<?
M`X>!;KONQ_Q/X9.VH^I3_=^\3N_7/'.!?K9Q\#AX%NN^['_$_AD[:CZE/]W[
MQ.[]<\<X%^MG'P.'@6Z[[L?\3^&3MJ/J4_W?O$[OUSQS@7ZV<?`X>!;KONQ_
MQ/X9.VH^I3_=^\3N_7/'.!?K9Q\#AX%NN^['_$_AD[:CZE/]W[Q.[]<\<X%^
MMG'P.'@6Z[[L?\3^&3MJ/J4_W?O$[OUSQS@7ZV<?`X>!;KONQ_Q/X9.VH^I3
M_=^\3N_7/'.!?K9Q\#AX%NN^['_$_AD[:CZE/]W[Q;.?ATIZ_2)C-&\DRJAG
M*R-W&5P3HX^3R2:*E1D297.N?XY6F@W#MV^3W-_;NJV[NPM[TC_3^VMMU(]8
M;J.J0/-P82WHQ,:=&)<V;-"RE>D%*5V&M,*\]KLDNINM#;VKQT8?7,6#Z62E
M*//U37]"V*?S[3Z5_P`58QI.QI]DN7I[-[]C)03<EK]I6J_92&RW5I^1:?`>
MTAW[]>T"7^EN6NP(QC><#@1BS81@1P\*HVV-^WZ,1&/`YO!L_:X%2LY?I?'2
ME##M6PA)MJ2EG'IK:4J:>*2TI*4522(VI!$XD_\`97\XO#X1J9J^[,8`8^)H
M%-D3AL-1^QP'$?+CM61M-2<:N:XG_B'S?6\F"YW<YTY?=-]^;">?4J*M3SM)
M8N.FJ"MUR$HW%UAK-4-R0XIH]O[,UJ-.PS,;':WNZ]Y>^=A?YN)C>3YM2W')
M^R22WR5--J^"RU!HH(W`8_M#AV_M<-,?*JSM*PGUV71MOU>-OB/1>O?8D]!8
M=GWGJ/UMY4[2L)]=ET;;]7AXCT7KWV)/03L^\]1^MO*KW29109$Y)9I[%,MZ
M(PF0\WS6?'-+*G4,DHE2HK*%?M'"+81[1-LM3L-0=(RSN,[V-J1E<,*@?M-`
MVE:9K:>`-,L=`33:#_(2K\)ZTH"("("("("("("("("+_]7W0#DE;H"("("(
M"("("("("("+AD1H\R._$EL,RHLEIQB3&D-(?CR&'4FAUE]EU*FW6G$*,E)4
M1D9'L,821QRL?%*P.B<"""`00<""#@0>$%?6N<UP<UQ#@:@C:%83PW#SKHE0
M>*8V=3`>7(@U9T56=="D.I<0Z_$A<UYM'><2ZHE*0DE&2CVGX3$'LC23;Q6G
M9=O\*PDM9T;,C2:U+6Y:`FIJ0*XE;OBKK.Z7XF3I7"A.8U(^4UJ5\R,)PR6T
MIB7B.,2F%.PGU,R*&J>:4]6PVZZN>4VY$4@W8%>TEAA6S:TRDD)V)(B'R31M
M(E:62Z5;.82TT,3"*L:&,-"W:UH#6G]EH`%!@OK;N[::MN9`<=CCPFIX>$XG
MRG$J^Q84."AUN#$C0VWY,J:\W%8:CH>F3GW)4V6ZEE"$N29DIU3CKA[5N.*-
M2C,S,Q-BAA@#FPQ-8TN<XAH`JYQ+G.--I<XDN.TDDG%:'/>\@O<20`,37`"@
M'S`8`<`6(=;O[BQK^;6O\-9,.3WT_P"PT_\`O0_Z4RM='_IY_P"J_P"9BU]'
MGZOD!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!%FC
M1;^]K[_HS?\`W*&.RW,_[J__`*D?SVJHUC^B@_X__0K(&;V&0UME@2J>P1%K
MY^8Q*F^AE6M2WY\&9!G.MI3->4LJ^.PY$,W#0T;CBE(V.-DE27.AUJXO[>XT
M,VDX;`^[:R5N0.+FN:XCSC]``MQH*DD4<T`AU?9QP21WO2LJ]L1<TUI0@C@X
M3CY:;<#P8NTRU!R?+<2R&/:W*Z_-%E,]'2GX5?8P(,Q%1&L9D&!7Q*;'C0]C
MRY26GXDUV6\R^6Q<AXCW2YG=O7M2U72K^.ZO.CU@YLCBUKVM=D#G-:QL<5#%
M7*YDCGN:[;(\8*QU"RM[:Y@='%FM,*@$@D9B`22YWTJ5#FAH(V-"CMAJ%J10
M5^"9+:V3<ZAN<+Q&^NH,=BJAVB'4'AQ7<]Q*ZIEJ"S+N+;FTHS>Y),:<1L--
M+CFI<"XU[>&Q@T34;JY#[*:S@ED:`QKP?X'2./F`-#I'Y'^=0,D\QK3&2[>R
MRL)GWEO'&1,R5[6DDD?MY1MQHUM1A6K<20[#:V+(3+BQI26WFDR6&9"6I#9M
M/M)>;2X3;[1F9MO()6Q2?R*(R'I\4@EBCE#2`YH-"*$5%:$<!\H7-N;E<YI(
M)!IAL7.-B^("("("("("+__6]T`Y)6Z`B`B`B`B`B`B`B`B`B`B`B`B`BQKJ
M32^T2<-I^<\SYYEKG^\\CSCD^;X?ETK_`,GEF-_?Y#=_3+9MV^'9L'.;Q67:
M#=)L^ER9[HXTK2D$[ME1Y*;5/T^;X<W4V6M(ME:;7L'R^51;L5+B8^A?M857
M@P=Y?=_VBE=L'JWVOW4[%2XF/H7[6#P8.\ON_P"T3M@]6^U^ZG8J7$Q]"_:P
M>#!WE]W_`&B=L'JWVOW4[%2XF/H7[6#P8.\ON_[1.V#U;[7[J=BI<3'T+]K!
MX,'>7W?]HG;!ZM]K]U.Q4N)CZ%^U@\&#O+[O^T3M@]6^U^ZG8J7$Q]"_:P>#
M!WE]W_:)VP>K?:_=3L5+B8^A?M8/!@[R^[_M$[8/5OM?NIV*EQ,?0OVL'@P=
MY?=_VB=L'JWVOW4[%2XF/H7[6#P8.\ON_P"T3M@]6^U^ZG8J7$Q]"_:P>#!W
ME]W_`&B=L'JWVOW4[%2XF/H7[6#P8.\ON_[1.V#U;[7[J=BI<3'T+]K!X,'>
M7W?]HG;!ZM]K]U.Q4N)CZ%^U@\&#O+[O^T3M@]6^U^ZG8J7$Q]"_:P>#!WE]
MW_:)VP>K?:_=3L5+B8^A?M8/!@[R^[_M$[8/5OM?NIV*EQ,?0OVL'@P=Y?=_
MVB=L'JWVOW4[%2XF/H7[6#P8.\ON_P"T3M@]6^U^ZG8J7$Q]"_:P>#!WE]W_
M`&B=L'JWVOW4[%2XF/H7[6#P8.\ON_[1.V#U;[7[J=BI<3'T+]K!X,'>7W?]
MHG;!ZM]K]U.Q4N)CZ%^U@\&#O+[O^T3M@]6^U^ZG8J7$Q]"_:P>#!WE]W_:)
MVP>K?:_=3L5+B8^A?M8/!@[R^[_M$[8/5OM?NIV*EQ,?0OVL'@P=Y?=_VB=L
M'JWVOW4[%2XF/H7[6#P8.\ON_P"T3M@]6^U^ZG8J7$Q]"_:P>#!WE]W_`&B=
ML'JWVOW4[%2XF/H7[6#P8.\ON_[1.V#U;[7[JFF%8(G#Y5A*]+*L#FPD1$M^
MCRB$WNRF9!N&OGTDU>!G9LW?R_*+G1M#&D2W$OQ?2%[,M,F6GG`UKF=Y/(H=
MY>F[;&WHLN4UVUX*>0*?B_4)`1`1`1`1`1`1`1`1`1?_U_=`.25N@(@(@(@(
M@(@(@(@(@(@(@(@(K9<751C\%RSO;.!45S*FT.SK*4S#BH6\M+3+:GGUH1ON
MN*)*2V[5&>PA&N[RTL('7-[<LBMP0"Y[@T5)H!4X8G`+9%#+.\1PQN=(>`"I
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M;SK<O.=RI[`8)P5B7NW3>9AV%HG<]K[*/T4^-O.MR\YW*GL!@G!6)>[=-YF'
M86B=SVOLH_13XV\ZW+SG<J>P&"<%8E[MTWF8=A:)W/:^RC]%/C;SK<O.=RI[
M`8)P5B7NW3>9AV%HG<]K[*/T4^-O.MR\YW*GL!@G!6)>[=-YF'86B=SVOLH_
M13XV\ZW+SG<JMEMC6E=!#58WM!I_2UZ7&VE3K:JQRMAI==,R:;5)F,,LDXX9
M;$EO;3_((UUIV[-C$;B]L;"&"H&9[(F-J=@JX`5/!BMD5QJ4SLD,\[W^1I<3
MQ`JQW>,:4M6.&E(A:?5;DNU>F5T-ZLQ]E63,.4=G7HB0DFVV4MM,BWCOD9$X
MDUH01%O*08A7NF[KMN-($D-A$YTI<QI9$.F!C>W*W`9A5[7<(J&\)"W0W&I&
M.ZROG<`VA-7>9YP-3Y,&D<'#\JN=32Z27VX=)18#;H7%YZAVMI:*:PJ*<N3!
M)XGX\1QG=.9#>;+YVTUM++_9/9)M+3=6^H;*RL906YJLCC<,N8MK4-(^DUP^
M<'R%:Y9=3AKTTT[36F+G#&@/"?(0?TA7SV`P3@K$O=NF\S$WL+1.Y[7V4?HK
M3\;>=;EYSN5/8#!."L2]VZ;S,.PM$[GM?91^BGQMYUN7G.Y4]@,$X*Q+W;IO
M,P["T3N>U]E'Z*?&WG6Y><[E3V`P3@K$O=NF\S#L+1.Y[7V4?HI\;>=;EYSN
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MZ6T2V0;HR2B&*VT]\I+!1K(G'^(TN9@`<'-!<T["T5V+49-5:W.Z2<-QQ)</
MHFAVG@.!^7!2+V`P3@K$O=NF\S%AV%HG<]K[*/T5H^-O.MR\YW*GL!@G!6)>
M[=-YF'86B=SVOLH_13XV\ZW+SG<J>P&"<%8E[MTWF8=A:)W/:^RC]%/C;SK<
MO.=RI[`8)P5B7NW3>9AV%HG<]K[*/T4^-O.MR\YW*GL!@G!6)>[=-YF'86B=
MSVOLH_13XV\ZW+SG<J>P&"<%8E[MTWF8=A:)W/:^RC]%/C;SK<O.=RJVS<9T
MLK9$2)8X_@$"5/1,<@QIM5CL61,;KXZID]<1E^.VY(1!B(-UXT$9--D:E;$E
MM$>;3MV;>2**XL+%DKPXM#F1-+@T9G900"<K?.=38,3@MC+C49&N='/.YHI4
MASB!4T%<<*G`>4J+S:;1R?7UF61"TS3C>/W+K]I:Q(F,R:B1RM195"*R3/BD
M<1+J9US'=)"S49N(01)WE),JR:TW1G@MM4B[.[.@F)>]K82PUC>S(7#S:YI&
MNH:X@85(4ADNJL?);.^(^(>R@!+PX><'5`..QI'S55X8K]&Y4E,*)5Z<RY:U
MUK:8T2KQV4\:KB*N?5&3<>.XK<L(+2GFE;-U;2361[I;1+9!NC)*(8K;3WRD
ML%&LB<?XC2YF`!P<T%S3L+178M1DU5K<[I)PW'$EP^B:':>`X'Y<%(O8#!."
ML2]VZ;S,6'86B=SVOLH_16CXV\ZW+SG<J>P&"<%8E[MTWF8=A:)W/:^RC]%/
MC;SK<O.=RI[`8)P5B7NW3>9AV%HG<]K[*/T4^-O.MR\YW*GL!@G!6)>[=-YF
M'86B=SVOLH_13XV\ZW+SG<J>P&"<%8E[MTWF8=A:)W/:^RC]%/C;SK<O.=RI
M[`8)P5B7NW3>9AV%HG<]K[*/T4^-O.MR\YW*K'84VD5595]/9TVGE?:VJ75U
MM?,JL=C2YR&"VNJC,.QT..DCP_(7AV'L^0Q"GM-U+6X@M+FTL([J6N1KF1!S
MJ;:`BI6YDNJ21OECEG=&W:07$#Y\5:RB:5)CTF>4DC`JRFQRYD2Y60UD>C8B
M.<M46M$4!5I#)I#+AS;AE9)-1FM2$D2=JDF(W1;L".SURSDL8[.WF+G2L$8:
M:L?'ESMH`<TC32N)``%2%LS:EFFLIFS.ED8`&DN)^D'5H?D:?UJ=L9?BTJ2F
M%$R&GERUKK6TQHEA&E/&JXBKGU1DW'<<5N6$%I3S2MFZMI)K(]TMHNV:MIDD
MHABOX7RDL%&N#C_$:7,P!.#F@N:=A:*[%#-K<-;G=`X-QQ((^B:';Y#@?EP4
MB%@M"`B__]#W0#DE;H"("("("("("("("("("("("*!:AXM8Y545[%0]7M65
M3=PKJ*W:D_Z.E*CL3(CD>6N,AU]M'(SE+2I*%?M$)+9L,S*BU_3+C4[2!EJ^
M,7$4S9&A]<CJ!S2'4!(P<2*`X@?.IEC<1VTKS*UQC<PM-*5%:&HK\RQS-TAO
MIC>&UZ[6G778[28OB\Y]QN=S^348M=X=D34^(DDFTU:64W''F'4*5R:&74+)
M2E)-!\_-NI?2MTB!US";>WAAA<2'9C'#)!*'-X`][HG-()H&N!!)!"GLU.%O
MQ3Q&[I)'O>-E`Y[7MH?D`<".&H(IPJOPO2NYPK+56-1;L0\3?7-;D8Z4RPLG
M2A,>DFZ9A,RQ97)?-;LTIKN^Z7-9"W6FN4;<-0WZ/NQ>:-JIN+6[#-+<7`Q9
MG/.49Q&,SQ4XNZ0U=YCBYK<S756%WJ,5W;='+$3<BE'4`QPS8##@RC#$4)H1
M19T';*G0$0$0$0$0$4'U"QJ9E>..U=<B)Z11*8F5TJ7:W5-Z-GQB<.):1IU`
MI%@F97OK2XVDC)"S3L49?*5+KVG2ZII[K:W#?B`X.87/DCR.%<KPZ+S\S3B!
ML/"I=C<-MIQ(\GHZ$$`-=4':"'84.PJ`7VF&39!,QQR?<5,EFN@4%+<3'TSU
MV4Z#19#B65*LXVTE(1;6ME0/LNI6LT(:>0LEJ4E2#HK[=O4K^;3W3W<3F1LB
MCD<<V=S8Y8)LX_WWOB<UP)H&N!J2"%-AU"WA9.&1.!<YSFC"@+FO90_[H#@1
M\H(H-J^\+TKN<*RU5C46[$/$WUS6Y&.E,L+)TH3'I)NF83,L65R7S6[-*:[O
MNES60MUIKE&W#4/NC[L7FC:J;BUNPS2W%P,69SSE&<1C,\5.+ND-7>8XN:W,
MUU4N]1BN[;HY8B;D4HZ@&.&;`8<&488BA-"*+.@[94Z`B`B`B`B`BQQG.!EE
M]AC<QIR)#=J3R6/+G&S_`,R]'W^'9#CI,PGT-FO]C-MVWS0I:$&39G^D1#GM
M:T3M:?3YFN8QT73!SJ>?EE@EBHTTX'2!U"0,/+13K.\^%9.T@D.R$#@JU[78
M_H:1^E8_K=+<S@8^5><S$W)Y9719IN)]*(K#M,9CX?4UU<:2B\KZ.F5F//O.
M.$GE&)3C1(2M"5&=#;[LZO!8B`S6IG^*BN/V\F>$0,8S97(YD3G$TJUY;0$`
ME3I-1M7S9\DF3HG1\%:/SDG;M!<`!L+:UH5:DZ$W=0QC3F*9`Q46])154.99
M\ZLMR?=QZHZ)^T9KW&Y<2O1#KD_LR9)"YB7G&GS21DX(HW(O;1FG.TN_;%=P
MP,:Y^9]'2!G1EX80YK<K-F6AD#G->0*.6SMB*5UP+F`NB>\D"@P:3FI7`FIV
MU^C0$>1;.#TE<^@(@(@(@(@(H!F&%EDESB=NVS6FY02,@YX<M+K<F77W.)7]
M"5>U+BM\Y;85-M6W'"):/F(-2?GDD4.K:.-1N]+NFLCS0.ES9J@N9)!+%E#@
M*@9G@G$8`D8T4VUN_AXKF(EU'AM*;`6O:ZM#AL!`Y%`(FF^;Q<<BTI6=$\FL
MRJ#E='`GV>1VT&G;I+&B738JU86:)%I)I$084MSE5['&)+C26VS:1L%'%N]K
M,>GQ6?Q,!$5TV>-KGRO;&(WQF.$/?5YC#6O.8XM>6AK<H4UU_:.G=+T;QFC+
M'$!H+LP=F?04`=4@4V$`U-2K"G0F[J&,:<Q3(&*BWI**JAS+/G5EN3[N/5'1
M/VC->XW+B5Z(=<G]F3)(7,2\XT^:2,G!`&Y%[:,TYVEW[8KN&!C7/S/HZ0,Z
M,O#"'-;E9LRT,@<YKR!1RW=L12NN!<P%T3WD@4&#2<U*X$U.VOT:`CR+9P>D
MKGT!$!$!$!$!%B;43"<@S:RI8B)%.WBD-J8_/8>>F1[=5T_$FU\&R96S#DL2
M&:6/-6\PP:V-^29*4O8DB/EM?T:_UFXLXFR1#2V!Q<"7"3I"US&O%&D$1AQ<
MUM6U?B30!65C=P6D<KB'_$DBFPMR@@D;13,10G'#@Q41K=+<S@8^5><S$W)Y
M9719IN)]*(K#M,9CX?4UU<:2B\KZ.F5F//O..$GE&)3C1(2M"5&=3;[LZO!8
MB`S6IG^*BN/V\F>$0,8S97(YD3G$TJUY;0$`E2I-1M7S9\DF3HG1\%:/SDG;
MM!<`!L+:UH5:4Z$7=0SC+F*9`Q46]'15<.99\[L^3GW<>I.B?M&:Y;<N)`1#
MK2_9I:)*IB77&WS21DX(HW(O+5FG.TR_;%=PP,:Y^9]'2!G1EX91S6AK-@;0
MR9G->1@Y;.V(I77`N8"Z)[R0*#!I.:E<":G;7Z-`1Y%LZ/25SZ`B_]'W0#DE
M;H"("("("("("("("("("("("("("("("("("("("("("("("("("("("("(
M"("("("("("("("("("("("("("("("("("("("("("("("+_]+W0#DE;H"(
M"("("("("("("("("("("("("("("("("("("("("("("("("("("("("("(
M"("("("("("("("("("("("("("("("("("("("("("+_]/W0#DE;H"("("(
M"("("("("("("("("("("("("("("("("("("("("("("("("("("("("("(
M"("("("("("+&\[6'2RMFS*Z?GV-Q9U?*D0ID9V8HG(\N*ZMB0PX1-&1+:>;
M-)_Z2'/3[V;LVTTUO/KENV:-Q:X%V(<TT(.&T$44YFEZC(QLC+*0L<`0:;0=
MBG=;95]Q7P[6JF1["ML(Z)4*;%7RD>3'<V[CK2]A&:3,C_(+NWN(+N"&ZM9F
MR6\C<S7-Q!!X0H;V/B>^.1A;(TT(.T%6!.>86JM:N$Y11JJG[4J)FP*QC'%=
MN5;V[5H>W]PYQDDSY/\`2V%MV"`-<T<V[;L:G#\,Z7HP[.,ID^I7ZWR;5O\`
M@[OI#%\._I`W-2AKE\OS?*I8+51E;+J[J<=K)5S>V,6JJH1-'*GS74L1F.7?
M:C,\HZO823=D/(0DOE-2B(O"8BWEY:Z?;27=[<-BM64S.<:`5(`J?E)`'RFB
MV112SR-BA872'8!M/#_(K<UF.*/1:2:SD=*[$R224*@D-V,5;5S+-:F^;5JD
MN'SM]+B#2I*-II41D>PQH;JVEOCLYFZA"8KAV6(AXI([91F/G&N!`V':LS:W
M(=,PP/S1BKA0^:/*?(KI;6U915TJVN9\6LK(2"<ESIKR&(T="EI;2IUUPR2G
M><6E)?TJ,B+PF)-U=6UE;RW5W.V.V8*N<XT`QIB3\IHM<44DSVQ1,+I#L`VE
M1M>H^`MPJ6Q<S''&X.1/.QZ26NVAH8LWH[I,2&XKBG2)9QGU$V[\G)N&25;%
M&1"N.\.A-AL[AVK6X@N"1&XO:`\@T(!KP'`^0T!H2M_P%Z7RL%K)GC%7#*<*
M[*_.,1Y0JIS.<-:L;>I<R>C19T$!^SNH"K**4JLKXK1/RI<QGE-]EF*PHENF
M9?LTJ(U;-I;=KM:TAMQ=VKM2A%S`POD;G&9C6BKG.%<`T8GR"E=JQ%G=%D4H
MMW]&]U&FAH2<`!\_!Y578_DV/97#=L<:N:Z\@LR5PG9=9*:EL-RVVF7W(ZW&
ME*2EY#,AM1I^4DK(_P`HWV.HV&IPNN-.O(YH`[*7,<'`.`!(J.&A!I\H6$]O
M/;/#+B)S'D5H10T\OZE?!-6I`1`1`1?_U/=`.25N@(@(@(@(@(@(@(@(@(@(
M@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(NH
M'4/3S4"5J!G,F-@V8R(TC,<F?CR&,9NG6'V';J:XT\RZW"4VZTZVHE)4DS)1
M'M(?D_7]`UZ37M;DCT2[=&Z[F((AD((,CB""&T((V%>GV-]9-LK-KKR(.$3/
MVV_5'RKLVT>@S:W2S`8%C#E5\Z+C<-J3#FQW8LN.X2G3-M^.^AMYI9$?R*(C
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M`>DB#F_1C91YC:V@"BQOL7,L;>,LE<7L;]$9LKHRUV`8VF5U#M<<,Q.*SGC3
ME[$TDB6=DUE-G?9&A[():,?YA.R&L=RJR<M(WHMB^<.O06/1IS24M+)26TL?
M-09ENGVNFNO8MU8KFX;<R7UP#*[HLKI6&9Y>,@E.7^$'-H#4`-P!V*GN!"[4
MW1QF-L,?FC-4-.04-<N/G$''Y=JQY0:<W,;"](E3L6)K),?U)9LI;ZV8CES!
MQR=?6MG+EV;[+\EMAZ4@X[LIMIPT(<V))*=FZ5!8;OW<>C[J&?3*:C!J(>XT
M:9&Q.E>]SGD$@%PR.>&F@-!04H)TU_$Z[U/)<_\`UWV]!MREP:T``8;,0"1L
M68YV:39^"WF38WBEC>3H<VT@4E%(:90];RZJ\73Q[!+:G2W*WG<<Y1&9I=YN
MV:DEO;I#KIM8FGT2]U+3M+DFF8][8XR!61S).C#Z5^AF&?@=E%1C15;+1C+R
M&WGN6L80"YP_9!;F(^>AIY*E:R/8!E:L:C\VPK)+"PR3!LZQBT1:1J2#*A9O
ME>2TUZY?2H:;5^-!H5&PZEEYI2G$-LI):4J,MOF[]"U0Z<SH]&N))[BRN87Y
MQ&TMN)YHY#*6YR&Q8.#7`U`:*@$KH!>VWQ#LUW&UD<T;Q0N(,;&.;E!H"7;*
M@X5)HI"WI_D*;JTK+;%+R74PY^M%E:V]6NL2[D5/J'61(5;"HGWYA./W2F7%
M(4V^E"&E1T[5&6Z16#=!OQ>7-M=:7,ZU8_4'O>PLK+'=,:UC8B75,E"11P`:
M6"IV+0;V#H8Y(KE@E+8`&FOFNB))+@!]'Y1MJLVZ2-9:S47J<F*\;A>TDTL2
M8R@Z]611\93&AHBM69UJEL$:927N3)9FZ2-FT]AI'9;JLU5EI>C4NG$/Q#N@
M$V7I1#1N4/R8?2S4KC3;A15&IFV,L/P^3/T8SEE<I?4UI7Y*5X%E8=0JY`1`
M1`1?_]7W0#DE;H"("("("("("("("("("("("("("("("("("("("("("("(
M"("("("("("("("("("("("("("("("+'=AJGB==/FU[[.0J>@2Y,)Y35;6J
M:4[%>6PXIM2[QM9MFM![#-)'L^4B'/3[T:3;SS6\C;@OC>6FC&4JTT-/XHPP
MPP"G1Z;=2,9(TQY7`':>''ZJG-?.C6D"%91.7*+/C-RF"DMMM/I;<(]B76VG
MI#:5D9?D6HO](O()X[F"&YAS=%(T.%0`:'R@$C]94-['1O?&^F9IH:;/_3^1
M0G']4<+RA=.W2VBY;E[.O:V`CF<II1S<;8;E6S$DG&DG$6S&>0M/*;O*)6DT
M[2,A36&\NCZD;1MG<E[IWR,;YKAYT0#G@U'FT!!%:5!%-JESZ==VXE,L=`P-
M)Q&QV#:>7'R;%+'_`$'>0U19/HFXKY*U(7&?YG80Y#D)U#RDJ9<Y9AU<1]I*
MC(R,VUI(_`9"S?\`!7L)BDZ*:!QV'*YI+378:@Y2`?D(48=-"_,W,QXX<017
ME_6JHI]?ODTF;#W^;'+)HI+._P`S3X#DD@E[>;)^3?V;I?TC;T\%<@F9FRYJ
M5'T?+3R?+L6.1]*Y#2M-G#Y/G5'*OJB+&E23GQ7BB1YTA;,:3'>D+36L<YF-
MLM)=(W'F&MAJ3_L[Q;=FT:I+ZTCCEEZ=K@UKC0$$G(*N`%<2!M'!4563897.
M:W(14@8@TQ-`J:ERBEOJ"!DL.:RW5SZV!:[\IZ.RN%'L8;$YANP(GEMQ)"6)
M*-]*E?-,_E/Y1KL]2L[ZQ@U&&8"V?&U_G$`M#VAP#\:--"*@E92V\L,[[=S#
MTC7$85Q(-,/**A7@I<53J&4R8YO.));;1/-FZX@TFLEH;)6^I)H(SVD6S9X1
M+$L1<&"1N<C`5%3P[/F6K*ZA.4T4!EZJX?6V=S56\BSIGZ2NM;9Y^VH[>#"G
MU](M+=K)I)CT-+%TF(M:2,HQN*7M^82A12[SZ3;W-W:W<DL+X8WO)?&]K7-C
MP>8W%M),M?V*D\%5-;IMU)'%)$UKVO<&^:YI(+M@<*^;7Y:?*K]B>84F:5\B
MPI7)>["G.UEA$L(,NLL:^>RVR^N+,A36FGV7.0D-N$>PTJ0LC(S$[2]6L]8@
MDGLW/HQY8YKVN8]C@`<KFN`(-"#Y""%IN;6:T>UDH&(J""""/*"/F(5CF:I8
M?674^BM9-E52*^!;V1S+*DMXE5.BT$?G=XJJLG(91;1=5&,EO$PI9[%$2=X]
MI%"FWFTFVO)[*ZDDBDC8]^9\<C6.$0S29'EN5^04+LM=N%2MS-.NI(F31M:Y
MKG-%`YI(+C1M16HJ=E59E:X:?HJ46JIEN6_8NUJJKV>N57S3T>L3>2GWJ9,-
M4Y$&+1JYXX_N<DF/X=[>^:(AWTT(6K;HRRXR%F3HI.E!#.D<3'ES!K8_XA=3
M+EX:X+;V1>F4Q96_1K7,W+B<H&:M*EWF@;:J4GJ%B/IO$\>;MD/VF;5K]QCC
M,=E]U$VK8@.67/5NI;Y.*P_$96IHW#3RAH42=ID9"S[>TKXS2[!MT'7-Y&9(
M@`3F8&E^:M*-!:"16E:$#$*-\#==#<SF*D<+LKJTP-:4^7';38IH+A15_];W
M0#DE;H"("("("("("("("("("("("("("("("("("("("("("("("("("("(
M"("("("("("("("("("("("+7R\TLR>PN[B?'75''FVEA+8-<XT+-F3+>>:-
M239VI4:%EM+\AC@+[=?4KB]O)XW1=&^5[AYW`7$C@\BO8-2MHX86.#LS6@'#
MR!9NH(#]514];)-I4B#7L1WS97RC7*H(]XD+W4[Q%M^78.TL('VMC:6TA'2,
MC`-,14*FGD$LTLC:Y7.)"U"A?A_S6(=8F',@US<W$L\@7B$S-Y$')[NON:>M
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M*NYD=R62?F-6;,-*'>5-OE$&E6R[W&O67>H-M6YK=ULYD+A(QF7_`.F;=K)`
M872.!=3!LS8Z.S%N8$'&+6H3%!TAI()`7C*XU_BB0EISAH-/*PNPI6APXHV@
M-Q7N-RZVCH(4YJVQ%Q$F*[&CNMUD/2N9CV3,MK;:2:"L<ND$\\DMG.3_`&J]
MID0QCW%NX'-EM[*!DXE@(+2`0QMDZ*88#]N<YG#]OZ1JOKM:B>"V29Y9E?@:
MG$S!S.)@H/)L"ML'0G.44;2$5./4;D!.G+<NBK;.OD-Y:[B46_;MK2<Y:8[:
M4;4Z?(N6GDIEQ)C:G8Q[W@W#./#N3K0LFM%I;P.9\)FC8]A$Y@;*'O<7Q/C#
MG&1K@'LD!<S'"A6Q^L69F),KW@]+1Q!&3.6Y0*.#J`-(P+<#\ZRWI3I6]B%_
M/N;6M:);.*XK18[)F646\M:UN(J\5=02GQJRH9)LFWXC25MQF4J;;))%ND>]
MU.Z^[#])OI[RZMQ46L,<1<]LCV!O2=(W,&1BE#&`0QH(%!@,:S4M1%U!'%%(
M:&1[G``M!KERFA+O]XXDXFJCF:Z59AG.3YE9)@UF.L66'W^,1Y<G(YE\F]<>
ME0CH)#%:[`2C$6.;U;2IB8QGON+,]UU1*6JOUC=C5]:U+5[@0QV[)+26$.,K
MI>D)<WHB&%O\`48#(&;2=CC4G?::C:V=O:QYW/<V5KR`T-RX',":^?M.6O&-
M@FV#1<TILFLUWF.QHYY[;W.3W#\&P<FP,:8J:;&J.GKCFG#9:G6-P^RZ[NEN
MDAI!F6\9'LN=%CUBTU*Y-[I[6_'2R32%KBYL(9'#'&S-E`<^0@FF%&CAH5#O
M'6DMO&(9R>A:UC:BA>7.>YQI7`-P'SJ)Y7@FH&;Y7F:KFIJFZ27B60XE@UGZ
M?2;=`U9PU<O92J9%:N1*G7\N.PV\X3R.;1RW22YLVG5ZIHFO:SJFKF[M8A9O
MM98+9_2X1![<7F/(2YTK@T..89&8`.X95M>6-I;6G12NZ82M?(,OTJ'`!U:`
M-!-!0U/D5D?TPU(=L9&;E68^60S95C#=QKTX[S5FKEZ=0,':G%<>CC2J2B97
ME)4SR1ER"MTE;_@*&_=O>%]Q)K/PT'Q[W/:8>D.4,=:-MP[I,NT.;G+:?1-*
MU6YNHV`C;9](_H``<^7&HE,E,M=E#2M=OR*YT.B.4XWENG%\UDL2S:H&Z^'=
M*=JV6W85?38([B\:!72%RN6E09+CCI(3R;9LKE+?,E*VD<BQW,U/3]5W>OFZ
MBR1L`:V2K`"UD=L80UAK5S22:"@RE[GXG!:YM7MI[:_A-N6E]2W':729R3A@
M1AY:T`P6SX]*7/+_U_=`.25N@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(
M@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(@(
*@(@(@(@(@(O_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>g23759g35i79.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g35i79.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````,@``_^X`#D%D
M;V)E`&3``````?_;`(0`"`8&!@8&"`8&"`P(!P@,#@H("`H.$`T-#@T-$!$,
M#@T-#@P1#Q(3%!,2#Q@8&AH8&",B(B(C)R<G)R<G)R<G)P$)"`@)"@D+"0D+
M#@L-"PX1#@X.#A$3#0T.#0T3&!$/#P\/$1@6%Q04%!<6&AH8&!H:(2$@(2$G
M)R<G)R<G)R<G_\``$0@`'P%7`P$B``(1`0,1`?_$`&,```,!`0``````````
M```````$!0,&`0`#`0$!```````````````!`@0#``80`0`!!0$!````````
M``````"!`;$",P3!0Q$``P`"`P$```````````````$Q`@-Q@3)!_]H`#`,!
M``(1`Q$`/P#K@`\R6E'ET83>K9CRZ,)O5LHQBX%=%.[YSX3.=WSGPFQS],*A
MMR[\)M513N7?A-JJ+37.P.@D*Z0&SX'$%'ET83>J<H\NC";U#7>CG#8IW?.?
M#93N^<^'S\L"HFVY=^$VJQ;<N_";58XU<C.%$`*!"0`$PY1Y=&$WJV8\NC";
MU;*,8N!713N^<^$SG=\Y\)L<_3"H;<N_";544[EWX3:JBTUSL#H)"ND!L^!Q
M!1Y=&$WJG*/+HPF]0UWHYPV*=WSGPV4[OG/A\_+`J)MN7?A-JL6W+OPFU6.-
M7(SA1`"@0D`!,.4>71A-ZMF/+HPF]6RC&+@5T4[OG/A,YW?.?";'/TPJ``"A
M``..*/+HPF]6S'ET83>K91C%P*Z*=WSGPF<[OG/A-CGZ85#;EWX3:JBG<N_"
M;546FN=@=!(5T@-GP.(*/+HPF]4Y1Y=&$WJ&N]'.&Q3N^<^&RG=\Y\/GY8%1
M-MR[\)M5BVY=^$VJQQJY&<*(`4"$@`)ARCRZ,)O5LQY=&$WJV48Q<"NBG=\Y
M\)G.[YSX38Y^F%0VY=^$VJHIW+OPFU5%IKG8'02%=(#9\#B"CRZ,)O5.4>71
MA-ZAKO1SAL4[OG/ALIW?.?#Y^6!43;<N_";58MN7?A-JL<:N1G"B`%`A(`"8
F<H\NC";U;,>71A-ZME&,7`KHIW?.?"9SN^<^$V.?IA4``%"?_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>g23759g36h97.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g36h97.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0WX4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@``````````````I0```'D````&`&<`,P`V
M`&@`.0`W`````0`````````````````````````!``````````````!Y````
MI0`````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````"UL````!````4@```'``
M``#X``!L@```"S\`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"`!P`%(#`2(``A$!`Q$!_]T`!``&_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P"MAX&&[$QG?9Z23143^C8==C/Y*G9A8P.F-2`-?YIG_D$3!_H6*1I%
M%7_GMB(XR824A;B8C]#C4#S%3/\`R"+5TNFUT58E3]8TJ9'^=L4V78V.[]-)
M=$AC2/Q4K.I6MIVEUC2#HYKB"/#^924V*?JXRP?S.&P]Q8UC2/\`P-%M^K=3
M&RVO"N(&K:VU3_FN8U8M_7<EU,TY#K'U_F!S;"X?]??N:LI_UAZ^3NHKJ8!^
M8YK2?\[W^_\`XM]:2GH!A8;20[%H$<@TUS_U"!93A!Q_5:?E57_Y!9M?UAZR
MT`Y]3`'/;+'`!Q!]A?M&S_7_``BT_4JO]S3M)$EAY`_[\DI;[/A<C&H_[:K_
M`/()G48>V!C4?]M5_P#D$BX-4?4@Z=TE.;Z&/_H:O^6-O\VSZ/[GT?H?R$DM
MWE_WL2DDI__0CAN:,/&TC]!3I_UMBAG9/H4&'%MEGLKV\@_G.`_.VM_=4L01
MBXW_`!%.OA^C8C8_3AE=5HR7/`&+4[8TS]-Q^F[\U)3AX]U/VDGU',O89&XD
M3^]^;L=N_<5O.=;D-:6APV&!/(T_?#O>S_KB['#^JN(^QM[PTV_O!H&A^"N7
M_5B@-W5RUWBT`?+1)3YF[I;[2T7M(9PQHY/GMCZ/]M=/TKZM#TVN<W9$Z#33
MLN@I^KH#]SQN/8G^"U7U,8W;P!,!)3QG4^@TFIPV[_;P==5R^=U)M%](`-3Z
MO:XNG:1_YDO1<MNL+E>K]'QK7.DFLB2UPY@G7>W\Y)35M)T<-0\`M(,@@^!"
M:23HJ_3Z+<:F[%L]S:[9H=(^B]L\#_A&O5AI(TA)30]WE_ROX=TE*?+_`+V)
M224__]&&,QQP<9P/^!JG_MMB+DYEG3NF79C&AS@(Y@Z$>[\4+&)&%B[>]%4_
M]ML6CA549%.5C7,WL?7P.9);7`_M.8DIZO$O9C8E1>"26-EK1)+B`5.[K]..
MS=?BY;60)>*7.:)_ELW(==(R,80XUV-@-<-8\2J5WU9:<RK)9EY$-#A8TV.>
M;"?HEWJ.+6-;/\W76DIUZNHXU]#<FMQ])TDDC4>6U8N9]9&/R!C8F-=EN;&X
MU`$M,\/:M"QE>%AVTL))C<XD_G1[EE]/P,?TK2+'L=:'>X1HYX^E^\W_`+^D
MI%E9[_5V746T./T?49&OFN;^M&<<'[)D'^:M?Z5A\_I,_P"_K;;T1M#`UF1;
M8UG\YZCBYIUG3>7;'?U'K,^L&,W,]+&V;Q2\7!HUGT]SMO\`:24YV,^M[<AS
M2'[GL,MTCV[MFGM=RB3XCGA&^RU8\TTM]-C3NV_RG>][C_*=N3"MTSI"2G+T
M\#_RPDIP[_X<I)*?_]*.&T'"QM-/0JU_ZVQ:G1&AV?Z8T!8XD_U8>W_I-6=A
MZ86+_P`13_Y[8C,>6V!S"6N:9#AH0?$)*>NZ;D-%?N.O<GL5H/RJ6`.'N+M`
M`-2?)<WTN\/K`L,N&COC^]_:6@_,KQ"PP=S_`&LVM+W>?T`[:U)2LW*QOL5]
MME[&P2'-)X(67T?JF.?<'MLJ=[1:PAS)'YA<WZ+D+J?5OJGF;3DY-8].2\6M
MM:9(X#'5M]1W\A9U/7.G/N97@V&ZHD,EM5FT=AOWUL:Q)3T74,]KX`=(\%SU
MSM^>(.CI#HY@M=N_Z*MY!:R7V<@26K)J?ZF4S=^<22)[`'P24EV%SBZ293$D
M:?@59#=O]RA:QL3W24XL^7_>TDI[1_\`#M))3__3?$'ZEBZ_X"K_`,]L5AK6
MGE#P&%V#C>=-,'_K;%8-+FRDI6->_'MD:@_2:M_!RF6@.$'2`?(\KE.HYV+T
MS&.3FV"MH$L;/O>?W*:_S_\`J&?X1:PQ[\9S;\=PM;;6VYA:?9;6\;Z[6)*=
MK*JR]OZ"]P8-&ZQ'SV^Y8[FBEWK77.ML)(<ZSL/Y+8VK/S_KRS"(IR*;VN!T
M(;(/W+(R^LY66"[;Z+7:^_VF#_)=[DE-KJ746N?8Z?:XP`.3VVA8/5>L9/2J
MZKJRW[999.TC<T,;K96[_.KK_?6WT'ZN]0ZK>+&@MI88-[Q[&?O.[>K=_HZ&
M_P#7O36=_C9IQ,#+Z7TC$;M9CX[[W$F7.=?86NLM?^=:_P"S?ZL24W^D_67I
M/5&M#;!C9!^EC6F(TU]*WZ%K/\RS^0M2ZL@!XU:>"-0O'P2#(T/BM#IW7^K]
M-/ZKD.##]*I_O8?^MOW-24]Q\O\`O<27+_\`//-_[C4_TS[=^=_.?N?3_F?Y
M*22G_]2#NN=(Z7T[$&7DL%@QZ3Z%?OM_FV'6MGT/^N[%SG5/\863:'5]+H&,
MTZ"^V'V1XM9'HU?^"KD(3D)*29.1DY5SK\FUUUK]7/>[<X_,KW+_`!>5LZK]
M1>GMO<3=C>K4VSES=MCQ6S^HVGTF[%X0O=O\4;0/J;5')ON)_P`[;_!)32^L
M6!@WO=@675V74_I+?1L8U[`W7<_U'5NK^C[O]&K?U>^IW068[<QVW(!<8I:X
MD;Q]+U['?I+7?^!_\;6]97UDPJ\7JO4*`=F+[LR_B7BULBL,.YME?J5VUVLV
M?S?I?UUO?XO<3(9T,968QS;^H/.2'/@%U?\`-8_L:&MK_5V56;?^$24]'53M
M8UC&!K6B&L:-K6C]UK1]%>$_XS\MV3]=<\;MS,?TZ:_(-K9O;_V\ZQ>_DAH)
M)@#DGP7S'UC-?U+JN9U!W.5?9='@'N<YK1_5:DII))X\2E"2EH23Z))*?__5
M\L(@`^*9$T@#3@*/!B9"2EAR%[1_BHZ@RGZE9-MATQ,JX0=/S:K0W^TZU>+D
MR97H?^+_`*A51]6>K8S[L>MQR*7U,R+`QLN->Y_/J/:WT?S$E.QU-U^><S+?
M;Z@^SO8\9=3RQC[(]6NG9Z%K6>DW9<S?9Z3ZZ_\`AEO_`%`^LPZIAGIMX<S+
MP6M#-[0"^D`,K>[9-?K5_0NV_P#!O7(9&?AY8-F6ZJM[7#=?Z]1:VII]/(QW
M6-L%UC;/TE#*64>CD>M7D)NB9E'1^KUYE.71=4Q[&WNLO:ZQU3AM?Z3VN97L
MJIN]7WLMLRK=_J7>JDI](^MF7]C^K'5<G=M<S$NV'^6YCF5_^".:OFX&#'@O
M;/\`&=U[ISOJAD8^-ETWV9-M51;78Q[MH>+G':QQ=_@5XCR4E,B!_>H_D4IG
M3CQ44E*A)+3\4DE/_]D`.$))300A``````!5`````0$````/`$$`9`!O`&(`
M90`@`%``:`!O`'0`;P!S`&@`;P!P````$P!!`&0`;P!B`&4`(`!0`&@`;P!T
M`&\`<P!H`&\`<``@`#8`+@`P`````0`X0DE-!`8```````<`"``!``$!`/_N
M``Y!9&]B90!D0`````'_VP"$``$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$"`@("`@("`@("`@,#`P,#`P,#`P,!`0$!`0$!
M`0$!`0("`0("`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`__``!$(`*4`>0,!$0`"$0$#$0'_W0`$`!#_Q`"'```!
M`P4!`0$````````````'"`D*`P0%!@L!``(!`0`````````````````````0
M``(!`P,#`@,$!P4&`PD```$"`Q$$!1(&!P`A"#$305$B8105"7&!D:$R(Q?1
M0E)B%K'!X215"O"2TO&B,T/3E$65-A$!`````````````````````/_:``P#
M`0`"$0,1`#\`1UP1XU\(YC@?@W*S\/<8WU]D.)..+K(75SL+:MW=7-W<;0Q$
MUS=W=S<8N6>XN+J>1G=W9F9B223T!J7QI\?[.(O-P=Q&3I)U'CC9LBGX?]'-
M"-5?3X=!HK<%\#B^+IPAQ&(H6[,>-]F^VU".Q!PQ4$@#M3X]N@WB+@CQ[R,2
MQ?T&XABN6!U:.,]E+4E2`04P8H*CX=N@J#QBX-CCU?T0XC!;ZE/]--ENM"!4
M=\,30?L'07]KXW<$>XB3<%<.^H(T\9;*(9>VFM<&?6I]:=!NUEXI\*HIN)O'
M+BLV\ZAX93Q-LUHI(J`AXW.`*LIK4D=`1,'X8\6Y>UGDQ_BOQI>6T"R>_>6_
M"FU+E$[]U+IMIE5UUCX]!KF5\4N!+$NMUX_<-V\T1421R<5;)@:,TH0\3X%&
MK7YTZ#&V'CAX\*S!_'_A66M!I;BO8K-34H^BN!/U5/KT%+</CWXT6486'@/A
M42GN6_I9L:-0:5(8?@/TZ:U]>YZ#11P-X\>]%".$>$WJ?I;^E^QCKJ!0&F$H
M2*_HZ"XE\?\`Q]AN4D'`W##IHJ%_I?L@+0,`247!&I'IT%2WX$\<RS3OP9PJ
M`6_^`W&.QS0K]5$'X%2E!W'KT&!RW!_CQ*S"WX'X:B=/14XQV2C/0D+_`/A%
M7NO?H(G'X'@O^@X;_P#5V'_T>@__T!OXNR20>.7!#7$8=1Q!QNQ!?ZO;.T,-
MH;1W#`K2G?H%%@X^Z10+<Z9(VU!JJ#JK2JBH'8]NW0#W+8NUCBE2&+11BT9`
M!"G5W!^H=F/ZZCH+C"V2&2$:9#))*B$1H9&!/81JE5U%ZD?'Y=`?\/L[!74U
MA8;CSWX$]RR"&T6SN;V^E5@I"3K;"2''.VJ@$A+D_P!SH#3;;C\>N,+KVLGM
MG>&>66TC@DO\=A(\T[7$KE*-'E9K**)``#KATBIH3\>@-.,\L>.^/,3!DL%N
M7<>!M)8XGBL-T;>%A#9K04EG%I>RZC`$U#06B"_XJ=!<WGYC^Z)8_>V]O?8&
M4C>QE-M?P9'&W!NM&I_2]W=?&2.M8U#VX6)S5PBKV`9[F\U^*N689<)O/=/"
MVX)!')]Y3;^[=I3[BQKCZI%FAML_<20@.0Z_=HEF*J2]!Z`FC_47&ERV3N-O
M<C[2R,=I/"MJEK?29"#[M<JKQ2W.3L;>:SM717TL)--'5E!J"``\WA9WEM#=
MO=A5:8GV"FEX94E!:.2"6-VBEC8&H8$@CH`6X^ZM$8Q/[JR$C4=/U!OJ(]?C
MV]>@VB"\D>#0"S`1U5JDZ&'=OXOD#W^T]!9SWBH5C0J=-7-&-6U=B22W8@?+
MH+>Y<-&'60$J6^D_YN_<@,2*GM\^@B*ZS]G[_P"WH/_1&OB_K?QYX&CGTDGA
MOC@CZJD(=G8<Q_2>W\-/C^[H#I).\0;0JF.NED!U.OVKI`^?QZ#"16MY>LYD
MA<$DJM5>K/44*(*?5I]/GT'ZO.4<#Q>]G/93XK(9Q]-PP%K-E;J`P2#W[.UM
MK1G@M+@ZQ_S,E*=PO:IZ"\R7+&\M^WOXJ(++'V6(:&>R>3&383)P0EFDM&CE
ML[>VCC$<85R0TJ/2H9>]0$_)_-^1@>Z.7NLCFL9CXFN7-OG;1I8$>-IIIYYL
MCE#<&`)(W\N6M2I"L">X)E;R1X[SV+GP%YN7960AOHIA9VN[H),5*DX9UFBF
MNIX\M8$(DI5XU9?=B%>VJG0-V<C7G(^YLQ<XFUSW%D&T[6\N7QV,X\WH`P^F
M6!8);FWV*+:.X]A^_NJCHXI1@JGH!N_C+REN.6U.W=S9N7)J8K=,-?0F[Q"^
MS"DT;QW$6-MA=O;2*#+[@MAJ8?4RD@@9L5QAS!Q/@,M_KC>F8M\]/@KJ?#F*
MVN$:PR-I=1W'W-,IAUGBL[.ZMTTLDBR:A6,%0Y;H'%O&?G3<>4V#C;/<5M!E
M<7:64!(Q]Q<2PW-Q`66[R.&CO($?$B?6/<A`$"2U!4!JH"I+',;>SN.7,XZY
MBNK:Y>7VM/ML(989&2:W(C=DBGB=:2*34']70:Q<Y"&W,K1-$78T$??2H_O,
MHJ:@D'MW'08.3-)/$Y]H>XIT-*"JC7IJ&H:E3W!Z"VBOG:*144M("-4GN?10
M]]5!4%B/7H(H>I__``Q_LZ#_TM`\;VQ\7`'`P@TA_P"BO%^N1NXU?Z,PP=02
M.S&E/7X=`;9)$C>L0C/U,&]"&!K05-`H'[QT"?\`G/?F2VWMJUPN*SMIC-T;
MDO5>.U41/>1;;M)4CR%T;B5Q!AX;J61(EFD!:2/W4@`FI)&")+;"66\LS<+>
M;CS.2FCNH3<W-G;7:38G(DRBVN[1[.RCNKN/W8`$G>-XY%[,&4]`M3C??64V
MWMJ/"S[CC.=M+5K+'RWT=[B$RUE$3J^_8J(G#7%P=.DD("2W:A)H".N7CE\A
MO#)7D<;VMWF8#C+JR.:OMN0/*\T<P18K[%G&)-,ATC3.E1]+$"O0)[RVS<WO
M"Y7;2+G<18-$$N+9+'&9%+)'D>`SMD,E%):VP,9)0>W*C!305(?H%,\#>*$=
MUDL2+2RO<Y<92[<2Y5[VP,C0)`B0QAK/3`^MYE663VB&II^D=N@>5XW\')K2
MRFE!NH1&1"L<7W>9@SJ#*S2K&T;N^NI-"JE?EZ!A^5?#VQBMXYYT3(VGX=<6
MT\US'%[R'03',R/&SZJ1D%266O\`#2O<&W;'';$X6O\`>6W\A;-C9+VYOVM+
M(WJVT#R2PAIKG#3WELJ1W%R6$D<#.$=257Z=*@`#POS`;'D*^VM;W-YE,%DV
M2*QR>0O+>WGFUB<I+-900Q+-?6<JE99GI*4J'U4C9@5)G;F:SN9FE<H[*P,<
MGTZ6!>NH?2$5:#XGH+2RNC)8>D9#.LJZZMK]``-)(?2`:=^@J6EY<1RR&*(R
MZZR.E2L:A@H`"]C2B_;^[H(MGO?Y%Z#_TQ'X]1ROP#P#'#&$KPSQF7`(8ACL
MW#_42#0#MZ=Z=`>+6`,HMFUB=I*/I<58L0O9NX50#\AT""=A;=SWE!Y%\JX;
M<:W^(XSV!ELGB4S%LHMK"]_`)X\5BDDOX/N]QE9+V5+BY9&8P11-H^H^VZA=
MYWP*Y$N=ZXO/<>;B^\)^++>S2X"ZR&W9K&QAG)@$S327]M<0D-[@B=521D("
MD=`X+@/!O>U_MJVN<YEY-QB18KF[BR&&N)[V6\>)6DDL9TCMY(%,XJ60H7_P
MD47H++*>)RVUR(]Q8S+K<.A19,19RW6/BL_;0BVD%Q$Q>6-1]9--->X;MT%U
M%XIQY);;;^T-OW6*MY;Q?Q!+-181S02:]"R#%0PZ99"6)U*[$OW-`1T#I7B#
MX6XO;>*6ZN[0(]GE+J#WHHQ.2L2+HC>2<$-'$TK-4`EI/7TKT#A-WL:SV_CK
MI;2WI#%(1&[1@.S:0FMB$%'"^E`!W^/0)6Y)P\12Y:YAADA/\@CVU.L,HU%E
M```)8T/IT#$OFGXWQ;OO+B&PLWBM[Z"4+-H$4$4@!N%#:EDB=F8("&T]J%6C
M()(1\\SL[>_!._+;-8ZZW%C,AA[B\G@L\M@9,[B;Q;82*E]8QL/Q'(I]7>VM
MW4J]$:2@)(.F\7<CVG/W%V,WR;2&VW)875QMS>-K88Z6TAM\[CH8'9Y(GN+@
M1"^L;F&XJ"`WO&H4U4!G+6!ED,",8A$=(C530Z1333XTKZ=!NUG9H$=9%$C/
M`"S5`9@30!=/HG<_&O013?:C_P`/[V_MZ#__U!KP1"5X%X"16$4G]%>+V+J4
M0`-LK"=CI)`%?3XGX]`=,?-:1W$!N"%</_-F25-2J&!U"0DK0"G>A`/Z.@4I
MX@\1\:;;PF:>PPMWC'SNX)[J]:#0DTUQ<GW="ZRZE)&H35=4<1%`M5Z!ZSA_
MAS83VUJ;"QQ=S+<Z9Y8K:W5TCG(]L)<^Y"HG,88EM1:K$FO0+:P?#^UIK**.
MVQ6,+H/;U301"!)$4@LD%#H;57TI2O0#KD#QTP^1<M#@L=KFJDCV4"6Z!""'
MJJB.A8'^*I)^/?H!]A?&'%XFYCG_``^RMHGF9EC6&)I%!6ONW+=O<<G^%3J]
M:GX]`;<+L&SVOBEM+**J^Z]P0T:/W<ZG9PJA2"P[^G?H!QNZYMZ7MD+>2>1Y
M.X40H%CT4("O(K+J-#V[GH$4<E0-$\M"%@5T5U<ZG`)H"$4Z6!KWI\!T").7
M\!9Y/`W\5TGTVL;SI>1.B3VKJ]`P4:M:,#1EIW'RI7H&M^7=M[)W+C(;7*8"
MPO5,<WNS-9V\T^.N(U!>X@UEF$5P4!`'TR1%2305Z!&'!&P?Z9#E_!8?-M>X
M+*;NQ&Y8[2U2$V4&2R>#&/R)]T3K-;S,N&B9H)(?<5AJHBN%4"G?8Z991-`[
M,\H$P]-8+%@W8`48$BO_`+>@R&.-YI-"E$&D,S@_5ZE*`U4@'TJ*']O019*/
M]O[?^/0?_]47^/\`83W?CIP?<NSK*G#G&'M>I$D'^B,(?I(;Z2&_9T!+Q=M=
M??X(I8I)+>6X6&4.3ITEM34U%P2:?;T!&YJ\C(/'7:VV\3>6$]E>W>Y&QMO'
MB[>=;J2VRV1BD$%J6`ECOC!D8(Y9:,_M1RLJ@E``DS^/T]OB^/=EWDJ"RN[C
M"X>ZO`LC.4N+JVCEF1V?^*57=BQI0GH%#6/D7Q'@LA+B<AOC;]OD40EHI,C;
M*0RFCLWUA1(M*E?XN@O1Y6\#Y608]>3-H/=?6T0;,V*M(8B58H&E.LJU5(_B
M!'<>G0;<^\,!>XN#*8O*6]]8WKB>UN+5O=BE1X]2M&4J"&'H:@4Z`6<B\Q;&
MX\LI\KG]P64!M[$W5Q:F99)5A42%F-OK#`=N]%J!^P@UQ??F)^.VZ-UO8X_>
M"6^1::[C]F]L;ZR<,CM#&B_>H(@Q!2@8G0>^DGOT&@[K\A^/=Q7IL+7=>$!#
M:(DENX4EG+QAE"C6P!!--7H3VKT`6WA/'G;'+V$K*;>YLIT68,""K1R&*:%Q
MVD:A%#Z4Z"._B?(%).7-Z\:;AN8HLEM2[R./9+N%[J.2.RO9D$Z6R!Y@XB4Z
MJC2T+`]V%"!DX>M6M;;EAL]]T>ZN;W#36F7P]K`IELYQ>FVM\A$"EI):!99#
M;LW_`#%N&94=PH+AF9;JUUO$@:8QG4LB)JHIH&H?0_I[=!>65Q;.=*`K&R$L
M_P!(.LDCLH)H:^I-*]!%6Z#_UM(\:,BUIX^<$LPT0_T5XQ!=JD?_`,1AAZCL
MOV5Z`HV=U6[DFM7201MJ$4J"2$FH+?01H(8GT^%>@('DEXR9OR!XOV7N^SRD
M]S>8[?7%N66VMHU1XK,7^/LLO(6BU:WM[O[TE7)"Q=V[)0A(CQ.+R+<:6-IA
MXI9WML)#:B%9`7,,=G[6HEB`2H'>A)%>@21O+?$6$CN]I;'\94YVW!';9!,W
M#DLF=K[6L1%C[J_N;:]W/+@MP2O?M!`Z_=X+64LTB1DAF`Z!MS9N[-A^1NZM
MP;6NO$W:/'F;V!<6QGRW&UYN?<^WHUR,AAMF@W=F-L;/R4UP3H*.,)/9S*32
M5=$@0'V_$O:V5P?&^4P&<CR\6/QZ-=;5FNHH0+K%);(B_=XX#HTHS%2U%JRG
ML*=`UUYR6&Z,YO:+;^U;C/)9M?SQ[AO,-%;765_"Y?;FOS:R9%;F&S2&,-JD
M(81J:Z:^@:K'LSCKQ^X5R'*L'`^U>1LY;E+>R.Z<!GUL9KZ36_X?-O6ZL-PY
M7/YV[LO=F]O&8%X@8I(]1*IK!+%]RW;<A8S#Y'='C+C^)8<M-<O89+:5U#N#
M:K2V%_=8M)5SEE@\0]M;3SVOT&1$5A(I8`&O0*.V5C\G_I_\4RR/#:K:^W!&
M2&_D!C[*@1DJHC0`=^@C&\[^.FYMS?F#\A;DVHU_9B[V]AMQ1FUD70V4:WL,
M1'!)-&3/"LUUCS*Q(&I9!2M#T"V>&N-]S["VG>Q;_OUR6_\`=DMIGMV7-N\@
MLK20X^VM\9@K,,L;M:XJ!7)9T!]Z60T4$``0+FP@@`>#VXIGTK4M]1/8%=/:
MOVUZ"K886%5EFD=Y4<#W%[*"RBI`"JO?4>@BD^TGR_V?V=!__]<9^/UQ'<>-
MW!,*,4/]&N,D(!I71LO":F-3\:=N@*>,:&TB"TU%W!#*-,JDZO[U:`"G;Y]`
MY9XYW.6S?%EMMS'32F7)\G6F"+'0J6F-GL;+-3O&TFJE!:74JJ*#W0O>A(Z!
MWG@#+LN/N+6<!T&/ME6WE(*EYHU9PRE2$4>O:AKT![QNUL19V$T8Q-I9F:XG
MO$NK=$@FADG?W7>.:-1(VI^_U=OLZ#5<3PSMNPO[]MN8G&XN++Y`W^;O+'"X
M_&->2ZED>ZN[BWLK0WUR_>KE6=OBW0?G=N9>SO!96)E%OC;26V]T:V+1JAC;
M644!:*G8&@'J>@:KRN>BGY5S]TP(6*]66UNP2)8W$S:I82ZT[%>_SK^KH%G6
MES'N?98P>0PJ9_%9"*VF$#8ZWN;>[,<B74+SV3I[;W$%S$C@LC$,H(H0#T`"
MW+Q??WUA/!D=MRXC;T,$MHT=X;%`+'1H-G8XTLBPVNE350%HOH/AT",N9;K%
M[6VE<18^V6R2"*>VMXX@ZQR+JT1%HD=`'H*]^_0-G;?XVO\`.Y]^28+_`!N/
MOHMXVFW<N\[)#/>8B+$D8^SEN#_,-D+S*R2LE35U![?$*^XXHEW%GXIF$IBR
M%U:AETF)TMI1&C`*PU*43LU:FM3T&NG`1902TC6J$MJ="*56M5`8DEZ_JZ"N
M<#'%:^S&9(SH']XD3-V+4J:K6OQ_9T$0WV?L_P#=Z#__T!UXX+##X^<"D,%6
M3ACC*FL`HM-E84.P+`@ZI"?B._0&V&S@1C.XJ*G2`/I_AT^GQ"U)[?'H'#_"
MV%\U@N0S:B00[:EL\U;RB/6(\I'87$>/]LL5"RF$7`)'<#X=`Y!P#N2&UMDF
MN9T)FEBMGI05-(8HU84H*`?#[>@<&V_FK*ZLD,UQ;HNE1'"[*[-0>@'H.X^W
MH,7NC?V"V[!-]XNH%DDBDC@B#`R-,\;*BHB59_J_4/CT`!QUED-S8[,Y];RW
MC@BG>UFADGCC>-I`9`\FIE"U4U[GT^70,W<G;B;`\D9\V,L5[!$]S*4LI#/[
M0AGD+?4C,/J`)!J=0/[07EP%R_MK+[:L[>#(C_E;>`26[,R7,$D40U^[$X22
M"C$_/MT&,YIY'2?WH8<DL\,KZD&HN%TK1D+*>P*J1W^/0-E\^9^'*;:OZ#4T
M2O\`4K!QJC.J,%"%U&H-2*CY>G0)#V+'-?XS>$<]X(WQ5_:9RTCF6/1'=RVD
MGN3B*@$GLQV*HH'Q;Y#H-6.$^]3374D\T[RNLM)`0T_NR:W+`4TLU:^E!T%=
MT@LZH/<@(.JI9]&D+WUM4@=OGT%-[P^V&5#/&ZDJ:LJEB/7O4JM*"OR[]!#Y
MU'Y#_P`PZ#__T=4\8;6GCGP(U`[?T;XV(4Z6J)-EX?50FA4?I/<]`;VLXI8#
M$B&)BQJ:ZAZG4`VH@@]`=N".9;_AB7+Q0VTF3V[N"&-,[C%=(Y[B2P6Z^YR1
MSDJ`H-VX=2:,C?Y0.@7CPKO=LI;6=_83F.'+QVUW!#(2WLM<0C5"S)10T3&A
M^`9?ET"S\'E]R6T^L7,OUQ1`N&4QK(?5E`(4(?C^NO0;UB;?;TLV6R.ZLH^<
MS$MO)!C[1TCBL,>62@2`1H@DN2:`M5V6GKT"+?(?87+NU-EYMN(]R-C;S*W;
M7D8W%D[[(V0-U.\TEM/)++<7T=ND;&-&748TH%0A:=`S]C?%;D;"[^N]^<J\
MF<@7US!D/Q(8'`[E.(V1*BN)&Q)QN*QV'O,W8SQDZCDGO9M-2AB?T!86U,QM
MF>_EO,;>2X?,B%?O:6WN+:WL;QCVEGC5_NWNK3L.SZ2>@US>F>S^2N##:S3B
M,GZ6H^A@P%61PI4@T/;Y=`E+FC<EWCK&3$S#W)YFM3H4GW)*MJH^H+K!TDGT
MK7H!YL*?(Y2RW;CK2UL;BPFN<*]_?-(ZY"U-M#<R+9V4,:E)(+X7;B<NP(&F
M@-.P$C'V4))61`&J`&`I4AA45'<@+\/A3H/<[@XI;=VB"ZEC4:J@^M2$72/J
M!4U[=`-?P.:W,L3:2LR55B.P8&B_25)05^7;H(>/W>7_`"?N_P#3T'__TL%X
MY-[7C?P"JZ=<G"G%M6)(&EMDX0FAH>]6Z`NSFZBMF"$/)4:2OJ%/<_5_CH?W
M=!YC%>,:)BU&5OJ9@>[`-ZDFNG3T"N_'7>YQ<IVY),6-O,U[CVE:BB$NON6Z
MZFJIUMV4?`]O3H'2-J;B?*V=M$)!!($<BC*!*'35&:G5\%^?:O0`_=6?\B[C
M-;GN^.]M;3N-K[8QTGW!MP[PR^W;W*Y]FUVMM;R6&T-RV\5G,(R);B12T9*Z
M8W%>@3EN?R+\_P"_Q\<&X_`^QS^W;2*L%YM+G3$9V^REQ&$"4CW-MC8U@H82
MZD#-Z+WI2I!#_.7D1^8EFKZ:PC\#=L[.VJ9GCCO,QSGMZWR\%HZE%EO'P=CN
M*W]T+&3((8G"JP"ENYZ#6O'"T\DL[NQ[GD#;FS,/M')P2Q2V>V-T9O=-YA\S
M!]=LEUD+W:^V[6ZAEC=D;VHT,3Q]BP<A051OO<EEMJ]_"/>@<XVW#7/M*"[7
M#*K1(=1!&JHK7Y]`V[R3O>#)[@RN9O+QWMH;HK"6D8(WMB.(K"A8J26&E:=_
MCZ=`1>`KA+S$[BG*U%[E('<_4IU*EPI350U6%`!ZCXUZ`[7,<<4:6UO$JN:$
MNKZCK7]=1)I/?OT%JK:%+3CZ5TJ==:J/0"M-/TT_9T&FWRO-<M+$JE5+"G<U
M`)]**#W!^?RZ"&5T'__3Q/CM`)_&[@.,Z`PX4XLH_KI(V/@F`]>Q9>WZ>@-%
ME:*E47Z@#4`]F9J"M*5!/^[H-EM\;$U@)2H$I1SZ`]S4"B@CN/LZ#$X[(7^(
MR5OD;&40S6DZO$RN1]4;#Z2!35&X^D@^O?H'!^'>95REK!;RM[5_:^VEQ`TA
M!(5-)9&J"T1^'K_MZ!PO8.7M<QCH;$1PO#DBJ7*3&-HR)0%=PA';Z6]:C]O0
M#_DKBG+"1TP&=RUU9V;.\>)?+LEC`)$HI33`S>VBMV1F[4_1T#?N\N!;S.9Z
MRLMX;ASUG8RRD1XV/<$YLK@1A>\\QC4GWD4_0K4[TIW%0^BNL/QQ#=V-BUO:
M8W#V^F&!)%43,#_$1VDD:IKW/Q_1T#8?+/+,F0S^?R?WY$AN92R%*I141`J1
M+J4K12/B:D4[UZ!!N3SN4WKN016#&/;>W7GEO;V:4QB[S$FF00UJ@EAL(C5_
M\]!7MT#;.[?S3-]^/7E[DTV=+'OCA/;.,QNQMY;#^^1P8W<.4L6O[W-[AP&0
M$=T,5N3$YC+RVRW`5X[I;0QR!HV5D"0WXW^6/`/E+MFSW5Q+O_&9&\D$:Y39
M&5FAQ&^MLW3Q)*UIG-O33/(@U!E6>W>ZLYF4^U-)I)`*SN</'/9%DT%P-1``
M`8LNIE*^II\ST`L:)[>ZN(FCT,K=D+?W02.P]/JKT$+_`*#_U+7Q@L_?\?."
MU>M#PMQC(H#4)<;'P)7Z6'U"@`]?MZ`U):SQJ["%UHY"%>U6#=BH`-2/LZ#)
MAYXH]3(ZG0U*L*-4+W<?Q4)/?]/08^<"Y99-`#,Q/:@1G7L6T@^A`KWZ#/X-
MLLTAEPUR<;F+<F2SN%=HQ/\`26:TF"NIEAF9:J.Q!^/0+BX-Y_N8UM</N62'
M&Y2QE`G256K*8WH!"TTJ$K(&+5H._P"KH%M?UWVL=N7,D)26Y=2MT#H&AXP5
MD5V,ID.I5[#X!O2GJ"$?(#R,V/C88[HW$-G>)&WW51[<MXY@JSNP>0:%B*$:
MJ`+4#UZ!E[GWRG@R7W^SPU^][<%[EJ64_O+&UPJ2@:1+[9=%IWH1VZ!!;[GW
MCR%DX=JXIKLWF0D62:24,'M+>"1??NI6A`>)8E-47MJ-*^I/0/.>!7Y>%]SS
M+AMV;I0X3QSV%//<[GRDLDT-]R7EL*S/>8/$W<B-'+@X[Z%_Q>^+5+(UO"0Y
MD>`.>?O;+6.>WGN[.8N#[MC<SN?/Y;'VP7VQ;V.1RMW>6D`C/=!%;S*M/A3H
M/MG[OW%L3<&.W/M;,Y'!9K%W,-S:7V-N);>9'@E2>,.8W3W8A-$I*-56I^CH
M'4^&/SG/*OBZ^LUS-YB=\8&#0)\/N"/)7ZRH*!A#<7&5^]6BE%`"PRQA:D]Z
MTZ!ZCQ__`#B?%WG6XL,9R&LG#&\[O3'-^.S03;1FF9D6-;?,^[%>0232L?Y;
M02*J_P#S23V"//\`C^V?^MXO_P"\7^WH/__5S_B!AIK[QNX+R!+QF+ACC")5
MDC^F0R;&P8+@B@HJG]XZ!6UA@,<]H%FBU32$TE*T56-2Q]&4`@?JZ##Y7"V3
M1R>Y["A%T,Y^@=OI&KN`12AJ.@:Q\L/S+?%OQ=.0V]=;@?D?DBPUJO'^P9[>
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M1[4HD@MMSWUA)+%M3"20J`;"WD:^,;E9FMY0^H':/S#]W8;Q%_+4\K]^;-Q6
M,VQ8\9^-_(L6SL;BK2"PQF*R3[5O<'M6ULK6!%@A2/,W]N(U"T+$=NYZ#C*=
MJ?&OQ^7V=!Z!7X@=B>_V"M/TGH/.@^Z#VI^9_:>@_]8B^-F=VWL3Q`X'W#NK
M<F&VQ@+3A#BF:^S&>R5IB["!Y=@[=*J]U>S0PAG+45:U)]`?3H$">1?YX/B]
MPO;7^!XOAR/.>\(1)'$V'>?";0MYZ:==QN&]LI+B_$;L25MX2LFD@2K4,`CS
M>5'YK/E?Y1QY';USNU^->/,@9XYMB[`D.%M;^TE5(S:9S-I3/YJ!HT^N&:Y-
MLY)_E#H&VYK6]:0M+'+)+*2S,2)'=B?J)*LY))^?0/`_D"\C7/&'YO?@AFX+
MQ[`9[GC`<=74PE,236W*%CE..GM7(IK]^3="!5-0SA>@Z^',GC]L[F.Q^\WH
M&#W?!;+!C=W8^`/=)'&6>.SREI[D,67QFMC_`"Y&66,$^S)&2208S\O>#LMM
M6RR>R\_C;?<T]U!+%-8[-1]V7ILC%,\>3GP6(6YW%B()HU!K<VT2HY`#.*,0
M;[\3_P`LSB/D/D'&[4QFV,!QIDLW<7EQ9Y??D%O@=Q;B>WMGR]Y_I+;&9N<?
MN?<\MABGFNRMI$(O9C)DEC0%E"2WP]XH\`^)F'AQ7&.T["YY!O[(6>2WWE+>
M&\W(\3K_`,R\$C!H<':W"U`M[18E<`&4R,-9!0&.Q4L<492!I)6JQK4FK?47
M9S4L23\>_01Q/^[$Y&SO&GY1>^<#!>/CI.9>6^)N,YH8'5'NL9;;@;D3*1-4
M%C'<0[$5'5:51V!-.Q#E9&M>_P`.W[.P_<.@^-.U*^G>M/7O6G;TZ#S_`(_\
M/V'H/5%2!\S^C]7Z^@^H?D?V'H/_UX*V^^<>7>3,=MK$;[Y%W5N?$;0P6,VW
MMG$Y3+W4^+P>&P]G%C\=88['!UL[2.WL[=(P50.P4%B3WZ`8Z))`97+,J%8R
M21JKI.D(M:FBKW/H#Z^O04:58KW'<]R._I6AI6OIT'E#3X4J?]W?OT"_/RMK
M#)WGYA_A&V*21[NV\JN"KV`12O'(DV.Y)VW?I=1M&0RM9>Q[P/H"G?Z:]!V]
MRI*:0=!*:0R@'2:4!4,"#I^%>@@<>7.U-R<0^3//&?Y>GN-^<BXSE7(X/8<^
M7L[J#<CV^:NX8]LPX!L-++-N"]WXMW#D=;"Q*B\6*6:*WM@T0)?VKS/SM9^3
M?'W%VU;W?6"\@.>>8-DYK"[HN\]A)[?:FYK.'$066,P+KE-R)BY,3A=N274A
MNVO8KXQW<LMQ<.[HP=`'`[:N'F2?(S/?9"Y99KN^D`U3.T>IO:'\,40KV45%
M.@+]O:16ZT15]*>@]/L[5Z""7_WM'/%HG'WAQXP8]Y),E?;CWMSMN=%<I%;8
M[$V$>Q-F(ZAPLIR5UE<XQU`E#9K3^(]!SR-+:7-:!2H92:,=52/I^(&GH/`&
M-0`3VJ>WP_3\!0]!52"5P6H`HH-3&@].P'S-.@\C2L@'Q%#]GJ._J.W0?O0/
M\G[O[.@__]"`-I8HKDFFGLU.WTT[5`/IVZ"XUJ@"=BJ"II\7H2U.P"@G_9T%
M`JX8OWU=FH@H*MZ4H*``]!XJ"I%:L10U!(%:&M0?ET#DWY35U#B/S#_"Z\FD
MCA0^3W#5DSR.5$<60WY@K"=@:$!C'<FA^'8]!VR58,JL/1E##]!%>@B@_FY[
M:VO?^;>#WW;6,V_]JY;;G$7&^>V]M[*XS[[B.<+3?N7;'9Z.?\8P>3P4VU]L
M18R7)RQ753;1KHC+17"2@CC\J;PXM?*+\S7G+F#FQ9I]H>*,NWFV?Q_?PX6W
MLLONS>V/WSMFVR-['9YO*Y+-6>V,?B[@B>33`9+U8PH+3^X$U;9^&N,#B[+"
MS3/=)AX%L+2[FD>:XNL=;+[&.ENII6>66\-DD8F=C628.WQZ#</]GP^WH.5=
M_P!V%SM;<L?FI<@[.L;J2]Q_"&PN.^)K:.KR0C(C;UOOC.&!"J!#;9[>EQ;2
M`%JRVY-?AT$86?'12'4#%JC0B0`TCD;THK54JY9:`D#H,46$/:)8PU"K]O=9
M12@&I^P<#Y*"/GT%`,I)!]0:T7N2`/F6^-.@HL`KH10,3W%?\7:I^0IT%"A_
MQC_S'H/_T8#$5HQM3</0(D2E#]*AG?L``5U.RJ:]J^GRZ#&A`'TD:O4U!-.Y
MH/6GK2G07-#_`'`=6H_57OZ4H*$^O8_+MT%61-"!E8NIJ"2HH".Y5=3-4=_L
M]?T]`IWQ`W9_H;R0\?MXO*UNNV^:>+\][Q0>VBX?>F'O&8?6O\Q5MJ_#]7KT
M':(\M>=DX?\`&_=N],)/<MGLA9S;6VJN.H^3FSEYBLC>%L0A#"7*6V'QEU<6
MZT;^9$.Q]"$1'=&W.)^6^?ML;LXDWAB<;N["6N[-Q\A;XV2^)S$>5P&_<%>Q
MXFUS^9%EEL-?\D1;D2QR\&+RT<M]B!CW7(VL(F@MYP0CM;S5Y:\!_-?.\EX[
M>VX.4<U)N>VN-Y9''[-V?LW9F4X^S>4M@O#^X,1L6'$V1O,PT-U>K>OCG%G?
M-9W3R1:K;[N'0G\=^<>.O)7A_8'-_%F<CSFR^0-O6N5QMT@>&XMY(GEMLEA,
MS93QQ7>*W%MS+0SV&1LYDBN+2]MY895#H0`.?0<4?\VCE@<S?F$^7_)D<WWB
M'<'D-RI<XV59-<1L5WCE[;$M`X%&A7'0(48$B@6AIT#=-K<'^9'(!219-32.
MQ"AAZJ34,#0GN0/]X?7<4!BMEMS1UCD-PY!&L,=:!F^C5IH%J344^/08IWBC
M8I9PNQ+,B7,U&!"_Q&.+V1[;5%14L0#T%*.`-J:1JMV(+!B6([:0`KGL!\:#
MH+32/\)_:/\`U=!__]*!S;VZ28VQ1U9U]D/(0QTA756^5`551\A4TZ#!W-B\
M3/-!1HTTHRR*K'6:L`P.I6&D$U!]!T%6V:VFC:L31RNP]T_252(5U")"*AY*
M'N.RCH+:^*>X%AA6..@90ND,*C2]34U`=?2I`->@SF"R<V%NL9F8I',N(RUA
M?"+LNG[O=1W$;QL7!8,82":=B?U]!U8/)WR3V9<^+OA_O_D??>+VOC\SD=^[
MRL\=F+DI'D\[;8N#:N-R%TD$=W);XW"8W.WT<MW,L=G;->(99XZJK@V1O*_R
MG,U]N?\`T)R1N+8F1V[)>XG%R[.RME;8"#<#6EKN)<IO?$W%N,5N_%/87MG=
MR6N0:?'_`(<3-&T332R]`S[RQQKR[R3MZ'=B67'-U;<T<?X[,93+9_<V7VS'
MQYN'<6V,=ALUF[>T3!YJUW/M#\';\1QUC=WF%DM;LR_?+R>UF,=N$GO_`+?G
MR^VAG<?O7QLLMW7^4N+2PM.1=HVF>PF[MK7^1LH1!A-QYO#8S>F$VU=9?;N8
MCDQ\\%WC[9[+W8YF:2LT>H)&'D7RI;\->//-O,$D\,(XTXEY#WY&\K+[?O[3
MVEEL[;HU70$23V*J`2*D^O0<-KE[*3Y3>65N[ZZ-[?7-W=7M[</]1ER%W<-+
M<NS:B9"214DDEJ_HZ`9Q'2RL:4!JQ!%:5!^=%#>G09)Y2EM)'[CR:UU:E"@H
MQ(]"K$51$-2/G3H,;-'+'(L@4B;2DA[`"74ID)-.U1'2O>M>@_$+"34*Z72A
M(9@`H[@T[=Z&E*?#H+*A^9_=_9T'_].!S:M<?<[;^5$1]V@]LO/(%)]H]]/W
M<H'T?"I'V]!2E:Y^Y-[<<(B]P5+S!OA'3LUNIU5U?&OK7MZAAP6^KVT0#6^J
MDE6UZC37HB%1\J=J>O04IS-H@]Q170U/K&HIJ&FM$J!7T]>@J(3^'WVI$-5A
M[^X0ZCW!IT*8F5EKZ]P>@Z-6[MP^19\3O#F+,<1>,R8*#@+<<=S?9;R,WQ+<
M93#_`(S;G<5WF,5<^+4-O@%]WM<6\5YDK?1I+3?`@SUA,VR8;#B3C+'3X`XO
M)/EVXQYT\D+3:J<#/N[/OL2#EY-@^.U[M^3C>WP)2/&3;F94FLE$ACB1I(U`
MY<B97RB78FZSOC8GB+/MJ;<&'EV\FR.6.4K2VQVR%R^(?,V.[9-R<+WN+S6S
MYMI^_'?7=JEA+'CQ>2);NQMH@"LO!W/>2$7F'XWR<=\4\"WW(T>7WR^,M,OY
M`;WQ3WG'W]+M])NFWRN1QWC1F;O&X8W+V,CS1VMU&,C'91^T?<$L0/A_FT[J
M\]KO\M/S`MK_`((\:MO867A#>*[CS6TO++E?>.X[':_W*NYIL3MG)^%VQK#*
MW?X`+D+%-E[-.]3)04(<D/=AR1SF0_$E"W?WF?W@LC.@D]R3W-+>W'4:]7P'
M08:,M[,FD+7^]J8Z_;UBFD.@[>Y^OH/W'[OMG6%,=16K4J-4E/;^EB!ZUI7H
M+FZ+:YO=0!JMJ_FDQ_W:>U6$+2GI3X?9T&.350>V%K4UTLWN>WI^K5]/\/S^
- -VG06G?Y/^T_V=!__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>g23759g65y84.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g65y84.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````,@``_^X`#D%D
M;V)E`&3``````?_;`(0`"`8&!@8&"`8&"`P(!P@,#@H("`H.$`T-#@T-$!$,
M#@T-#@P1#Q(3%!,2#Q@8&AH8&",B(B(C)R<G)R<G)R<G)P$)"`@)"@D+"0D+
M#@L-"PX1#@X.#A$3#0T.#0T3&!$/#P\/$1@6%Q04%!<6&AH8&!H:(2$@(2$G
M)R<G)R<G)R<G_\``$0@`%P%7`P$B``(1`0,1`?_$`&,``0$!`0$`````````
M```````%!`,'`0`#`0$!```````````````!`@0#``40`0`!!0$!````````
M``````"!`;$",P3!0Q$``P`"`P$```````````````$Q`@-Q@3)!_]H`#`,!
M``(1`Q$`/P#T4!X143NK?G%J.+MU;\XM1Q3Y5\CJ&SA^D>M;)P_2/6MMAY0K
MIQZM&<7HG*/5HSB]$XFR]!4"ND*XZ_IV03NK?G%J**=U;\XM0=D[`J<6SA^D
M>L;9P_2/6>'I!<-;CU:,XO1V<>K1G%Z-LH^`*DX!.,5P%(A.ZM^<6HXNW5OS
MBU'%/E7R.H;.'Z1ZULG#](]:VV'E"NG'JT9Q>B<H]6C.+T3B;+T%0*Z0KCK^
MG9!.ZM^<6HHIW5OSBU!V3L"IQ;.'Z1ZQMG#](]9X>D%PUN/5HSB]'9QZM&<7
MHVRCX`J3@$XQ7`4B$[JWYQ:CB[=6_.+4<4^5?(ZALX?I'K6R</TCUK;8>4*Z
M`#``#CB=U;\XM1Q!/E7R.H;.'Z1ZU@VP\H5TX]6C.+T3@)LO05`K@.OZ=D$[
MJWYQ:@#LG8%3BV</TCT&>'I!<-;CU:,XO0&V4?`%2<`G&*X"D0G=6_.+4<03
MY5\CJ&SA^D>M8-L/*%=./5HSB]$X";+T%0*X#K^G9!.ZM^<6H`[)V!4XMG#]
M(]!GAZ07#6X]6C.+T!ME'P!4G`)QBN`I$)W5OSBU'$$^5?(ZALX?I'K6#;#R
'A70`8!__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>g23759g78r91.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g78r91.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0C@4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@``````````````&````&D````&`&<`-P`X
M`'(`.0`Q`````0`````````````````````````!``````````````!I````
M&``````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````!D0````!````:0```!@`
M``$\```=H```!B@`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"``8`&D#`2(``A$!`Q$!_]T`!``'_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P#TP=1P3U$],%S3G"G[0:-=PJW>EZO[O\Y[54^L'UCZ5]7L%V;U*X,&
MOI5#6RQW^CIK_._[Y_A%P_7OK3;TCZZ=4S<7$=<:L?'P#EV-L^S4.<?M+[,M
M]+;'[6M>WV5MWOV+J>B?5GIUC1U;J-S.NY^8P%V=:UKZO3/N;5A4>ZFC'_J?
M324U_JY]=^FY6$;NL]4Z?CY5SW65XS;V#T:C'HT6VO?MMO;]*QZZ;'R<;*J%
MV-:R^IW%E;@]I_M,EJX3ZYLP<?ZT?5[$KZ:Z_&K^T9.31BXS;#8&,].E@K`;
MZGINW^JS_A%"W&R<3J5OUEPNE'ZN],Z7C9%F0PEE3\UP8[T*K,+&<ZEC66>_
M?:DI]#0KLG'H=4RZUM;KW>G2UQ`+WP7[*Y^F_:UR\U^K7UNZOCYV'U7ZV97V
M7I=W2GG$!<[]-97=16^Y]#/Y[,M:[U&>G7_1G^S\]:6)?U+JGUUP^H]6!Q<'
M%PLC.PL%[=:V;FXC,C)_[M7UV.NV?]I_YM)3WJ2XO!ZA];OK;0.I=)S*>A=(
M>YXQK#4W*R+6L<ZIUEC+MM%+?48[V?36KA]<Z9TG%]#K/UBQ<W*#B3;8ZBET
M&(K^SXY'T$E.^DA8N5C9F.S*Q+67X]HW5VUD.:X?R7-6;];LVW`^K'5,NEYK
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MTM]1N]GZ.S^:;ML1>L]+IZQTO)Z9>]]=64PUO?7`<`?W=P<U?,222GZ>;TCI
MHHQ*'XU5S<`-&*;6->:RP!C'U%S?T=GM^E6J74\>VCKG3^K4TNN:YK\#+%;2
MYS:[W5649!'^BQ\BG;=^Y5DON?[*5\W))*?>W_4OJG3'VGZJ]4^P8M[BZSIN
M36,C&EWT_1W_`*6AK_SF++QO\7W6W6XU60SH^)BT7UWNMPL=WVAWIF?3WWC;
MM?\`1][EXPDDI^J6M:QH:P!K1H`!`"I=;Z4SK'2LCIMEKJ6Y#0TV,`+A#FO^
MB\.:[Z'N7S&DDI^B+_JE=GX=V+U;K.;F-O#08%%36EEE>179775C;?4;92WZ
M>]%=]4ZK,'+P\CJ.=E#-H?CO?D7;X:_Z3ZZ6LKQFV>WZ?H_]_7SDDDI^J6M:
MQH8T0UH``\@G7RJDDI__V3A"24T$(0``````50````$!````#P!!`&0`;P!B
M`&4`(`!0`&@`;P!T`&\`<P!H`&\`<````!,`00!D`&\`8@!E`"``4`!H`&\`
M=`!O`',`:`!O`'``(``V`"X`,`````$`.$))300&```````'``@``0`!`0#_
M[@`.061O8F4`9$`````!_]L`A``!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`@("`@("`@("`@(#`P,#`P,#`P,#`0$!`0$!
M`0$!`0$"`@$"`@,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P/_P``1"``8`&D#`1$``A$!`Q$!_]T`!``._\0`9@``
M`@,!`0``````````````"`D`!@<*!`$!`````````````````````!````<!
M`0`"`@$#!0$``````@,$!08'"`$)`!,2%!$A,A5185(6&`H1`0``````````
M``````````#_V@`,`P$``A$#$0`_`.X\G15)*-"J\HD6*PG:(;ZB)OI=5175
MHY&DJ)1+@P,B;J!!2=;"6TR6#"CX6)1Q5^8PC^KZQ!'T,!W_`.BV6/-6C7>\
MM/V$WQI"!.M(@T"0')UUD6Q)B"@=3Q.NXGPX"][<#3U!05*KO"V]K),_97'I
MTX1&\!<7G5[;YQM>E5<XW#O7SJJNX+%G4NG<0I>-Z,K)H(HNEW'C037M53R=
MR29(V>>VDT$$*%CNXI@H0#-7\3`2`ZD&(0/.K^RZYMB-(IG5D_A-EP]R#^;=
M*Z_E3%,HTO!_R1/L<7N36J#_`+@-%SX%V^!29;9->P)S@[+-IO%8D[V9*@0:
MNVN1/K:T.$XF1C0Z/X(M%$:Y02H?G[K&QK%?ZJ8)AW$R4TS\?Q`+O`NWP)\"
M?`GP)\"?`GP)\#__T-PW=ZERK%WL]O2]:ESY)+!5PW.F5<,+M$S6&VW_`.3\
MU2:2OZRZ91--$R2M8Q+Y(M8VEKDB)8G;&A'QT=4S:I`E&`18OV`?5BKS-SM(
M6TC8VF;*A_J%I>_X.UJ7/4=FQR&3"I2:[=^#=6:#Y@JL!+U7%3T^20LZ(`6X
MLUP=#C3SU:H03@I2`5%[,-%&5MZ?>.=-1[$,BLNIHP+4.CKIJ?,^1(59KO:C
M5#ZZ1Q2MH\WQ)"UM2*8(8D]FK_\`/-QQP2$#<])%/UFGB2E]"MR6L[+I[2$[
M]4*(P$J\B<@8ES=J"P;;CA[M7]33_P!"I8BK21AK&$2_-%)R9]K*.L,9EQ!2
M],Y2%,:N6."\L91BDT(.(P&SS8];-<5W=N=-@>Q]\AI#&]C^45DJL[)7*12H
M9%[6G7>CJ!B$DLV05<P(?OL71M@M3HL>&M$T-*PQ)"G),<B)*3]7*#`-^IYO
MI/6_M/F_2VQ4#E2&=Z4Q%JW:&9LN2N.'==ZC@:>>17/,6MRZSDIZPD5]6G"I
MLODPVOI!HX@W(T[>G$8LXM.Z&S4=H+US]DH4BU!CS1=-^7>&'R43EJI>7+J:
MANN-,72P0&3OD%=YI,(K8O&JL*Y8ULMBJT@EO+,+<T/0G!-&K+*)4*@/NH-P
MYCQY61L"W%[*9<T5;Z64/*U;84ZEF5Z&EH6I6)M);HF1451O*!&%/'?[S%7Z
MIRL?50A'C"7PL(`9I5UJ5I=U?Q:UJ>GL1L^LYNV\=XC/((_MDHBDB;OO.2&*
MFE\:%*M`L"G6)C2#@A'T9*@HPHS@3`"#P`J]<;HDN>O,;=EP0N0K(E-(AF2U
MNPR4MJA>C=HY,'Z,K(Q%GME7-BA(N;GQK?GI.<B4EF!ZF5@+-[_/`=YT!`]-
M5$TS9X`W%$@SB2)+#C^,*ESO_P!W?'1V!+7696"BKG/W5+T]/"DY^!()6]2W
MZ%2M2<-:%0K&8,?3OY%\#&/2_P`R\44?A366LI-'[HE5^4QD23O+-8)&K=MQ
MIL?+-JRD@PJLGQ96M<W^@AS0WG/;*V\4IDR`IO)($:)0,)/WG_`6CEAWMZ:T
MSAHKRSD?J"MVF.(Y?0ZVM"^7K53IYV*E)4>C"G4<HM1KW(>[1%[7.*E&\)F5
M-6"1"YA4_7_B1%)_X">';/\``__1Z^<Y8?;Z8OGT6MN5NT?G[#NZW()-SXBO
M823T+5"XK0D+J9PA<K1.1"E'("W1W;'@T81=,2'-ZPHL101_?P8`,X^<NS?/
MJ7O\[\<K.K7M`R-R<95-?,W4KA*CZ'1OZPPE<^.>5;7:^/$TS^]251Q68!B/
MZ?#^.:_III9*0E.G3`R.M:31W5.LY[<T%13E1VMJSJ&T*R+KCMJ-%I,E;MEK
M/T74S)J*D48*)A\L5*_^@HC4+RC3(5?4"TPA06`0ND$A?MD9=AFU<O7;E2PI
M!+(I#+R@Z^#O\B@ZIM1RIH1K#DRH*MH.>&QX:^F`4(P<,+/3&EG$]&7WG/R_
M+@>ILR/FY+!<^U^_4O6,_9\L-,0;:#6V+7T)F+U5RN#L+5'&&20A>ZQXP,/E
M1#:RIN=7-):$W\B^?A^'.!#P!ETM`)17FX\=;#A5<22PF=RC=AX8T(C@\972
MJ41^M-!S"LII4]MN#<E/-.+K^H[EK0M%(SB$WXMK#,UKRM-"B9S>?`7V[>+^
MG,HO4^5>0N\#LNTU9K\KD<OQ'HBK6?2&74[P^EB)E1]<*),:KF]7-,AYS[5K
M>EXM_<,-&`2DM*6E3)P`>NO_`)^-MN<FIF'V9'_&.AJ7K"]JJNYVGN0LI3;_
M`-+20RMUJU8KB(I%:3.-J/99.E5F(5`7)8XIPEG]._7[]?2#@[%6QL;65`D:
MF=O0M+6@)"G0MK8D3H$").#^PA(C2EE)TY(/Y_H$`>!Y_I\`9-N979-M97N+
M+4CF\FKAHMUA;6=3-8@C87%^8C6>2LDJ1'$-DF;G5B=$*E>PE$+4J@GH5*$T
MXK@RA#":``8GGDK,]#T_8]0["]*MNZ#:;+0Q%*N*;&S*-,QF+N$!M6O+CALM
MAT,K_-A3:DF3-,:T0?PJ<371,-&8>3Q,'APQ="\.?E%%)+1N@Z3LC96];P(T
M71L\H:52B]+_`"9OQ@CM@"0]<Y'%*S9HA#Z1:ILWDMA!")SY&>J$R;[R@"YQ
M:N_9!I38VH69M;V=L3A2-K4A2-K>E`(P8$R%"G+2I$X1FC&:())!00\Z(71=
+YS^O>]^![O@?_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>g23759g82p16.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g82p16.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0K"4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@``````````````*````(\````&`&<`.``R
M`'``,0`V`````0`````````````````````````!``````````````"/````
M*``````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````""8````!````<````!\`
M``%0```HL```"`H`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"``?`'`#`2(``A$!`Q$!_]T`!``'_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P#U#*RL;#H?DY5K***A-EMC@UK1_*>[VKSW+^MGUD^M.9]F^K=M?1^B
M&YM#.L97L?D6$N_183;OYQ]FQ_I8]+/M'Z/]/=B^KZ*N?69U?UB^L[N@YMKJ
M/J]T2@9W5W"6-LL(]2C'MO;_`#=+:7>M^9_VH_PE=-U0/JAB.^M/6Q]9KL<X
MO0^E@X_U?P7-`8(]EF4VMOZ-KF;/S&/_`$_Z/U_U!)3'.Z5]9/J5CU?6`]?R
M>KXV-8QG4<3,+RQ]-KVTNLQP^W(]*ZMSZ]G_`)\]/]7N]$6%]>K**_J?U=V0
M0&'%>T$_ON&R@=OI7.K5CZOYU#^F=/Q+;:V=0&'0^[$W@VL_1U[]]>[U?:YW
MTTE.JDDN-^LGUXZA3U;_`)N_5;!_:G6&MWWN=_,TC3VV>ZKW>[WN?=335ZE/
MOLM_1)*>R27!U]9^OW0\_IEGUD.'?T[J>0S$>W'D64V7`^C)BMOM=]/;]I9Z
M==G_``:ZOK_4,WIG2<C-P,)_4<FD-+,2LD.=+FL=MVML>[TVN]38QB2G127G
ME%7^-OKK/M%F3C]`QW_1HV#U2-'-=M<S)NK_`'7^I?19_P`"@%GUI^J?7ND4
M9'U@=U<]6RZZ+L"YCG?H2=EV2POLM=3Z/J_X/T?^NU5V5I*?2DDDDE*22224
M_P#_T*/^-6X8'UI=C>I:W`ZO3BY'5::MH=8,=]U-?IV/:[;LJK]N[]'ZOZ2S
MU/S/1^B_6+ZOV_5JKJN,XX72,>L5M.0TU"MM>VEM7OEMFUWZ!OHV7;[?T3/T
MBO=7Q^GY6!E8V=8VBJ_%OKMN+FL<RA[=F58VRR6L8QI8Y[W?H_YOU%Y_C_4C
M`8S"O^N?UCIR^ETL]/I6-ZPHH?2T-%%K;765_2HV;V8W_!?KEM:2G*^M_P!<
MLGZ[Y]/U9Z`#7@V6R^^TFL6^GN?ZUP_P>#0QKLK;8SU?T?J^EZM?IJ/0<CZA
M?5[IC/K!7?=F=;Z;D6U,8'BLY5CJS7-5$W/KZ9LMW_:[JZ;?]+^9AK:Z]]4>
MD=3ZZ,K`Z[B=/Z2_#K;GXU%M;'C$8ZO;Z.P^C]CN_1?I;OT-=OI_SZEB?5#_
M`!38[,EMG5,;).0"&.MS:II!,C[/Z;V>YO[]WK?^?$E/6])^NGU<ZL7,Q<Q@
MMJQFY>16\@>E6X-<_P!:WW8^_']1K,G9=^A>L'ZM]1P.C?6WJO3LMS!^W[VY
M_2NH`RS)KM&YN,V\%S/T+W[<7_2;[?\`24>I@_6;ZG_XO<CIL]`ZK@XV?0P-
MI8[.J]*WW[[#D.L=;9ZNQUGINWL_P;/YI9O6/J+U,X/1AG_63!LQG-=71ZUX
MKHJI`:[U,%]CF_;&N_1LL]*JM_\`1O\`!?I*4IZWZT=3K^L/UJZ3]5^F3>>G
M9;,_JEK"0VH4'^9]5AW>K^D<RS;_`#5UE%?\]ZGI=ZN"_P`670_V+?U*C&ZE
MT[JN%9L<+L1X?>'`O;3]H:S>VJM]?J?H_6M_2?S7^$7>I*?/NN_XV1TG(LI_
M8F2YM=ME`MO<*6/?46ML%3VLR6V;=WYO_!?Z5<@SJWUQ;]<[^H95./5U:S%G
M=F$&KI^/;LV7N]_ZDZFFS^;N_3O^U?I,>Z_*].WTC+Z']66?7!G6.JY[+.I6
MMJ;T[`RKF!M;@?299AXUA#W.?:W]%_W:]:W^>_FL_P"L'U<_Q=YGUC/4NL=0
MHIS6!HR<)^556U[F@>D_(I>?7;^B]/Z+Z_49Z?\`UQ*<'ZE_XRJ>GX6>?K+F
MOS'V9F['M;NL>X/$7[*'^G]FP:=E=M+/3I_GK64T?H_37H>7]9>A8>=A=/OS
M*VY748.)6)=O#M*W[J]S&,N=[*'V?SW^"7+].Z#_`(J<,9@9EX&2,L/]3ULJ
MI_IU/_P./ML;]GKJ_P`'=_2O^["Q<CZH=#Q\W$S/J!UO#9UFEUFS'MR*KS8'
M-=_,-/K_`*2NOU&^^G_A/4J]))3ZJDO/68'^.:USJW=2PJ1VM+:R/@W9BV._
M\#6G]7/JM];<;J=?5/K!U^S+=7ZGZA07#'<7-]-CK)]&MVW=O]+[)[+=GZ5)
M3__9.$))300A``````!5`````0$````/`$$`9`!O`&(`90`@`%``:`!O`'0`
M;P!S`&@`;P!P````$P!!`&0`;P!B`&4`(`!0`&@`;P!T`&\`<P!H`&\`<``@
M`#8`+@`P`````0`X0DE-!`8```````<`"``!``$!`/_N``Y!9&]B90!D0```
M``'_VP"$``$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$"`@("`@("`@("`@,#`P,#`P,#`P,!`0$!`0$!`0$!`0("`0("`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`__``!$(`"@`CP,!$0`"$0$#$0'_W0`$`!+_Q`!F```#`0$!`0``````````
M````"0H'"`8"`0$`````````````````````$``!!`,``@$$`04!`0`````$
M`P4&!P$""``)"A$2$Q05(2(C%A<8)!$!`````````````````````/_:``P#
M`0`"$0,1`#\`OX\!)/N%]YG+?J2@&P$G(#MWJ.4L^'&LN:HX_B@OY092BPPD
MSLEU30<U*[KO!`RNJ1BXJQ;JL@HB`.O^(I44)XZ_B/RO/;V<RWBI=POK/YSD
MKD8[5_$A2'*CW`"+',R2([JWQ6.,#]T#-VUWU%25%7E[HB*LL5L:VZH!J)_0
M.Z?7)T'[/O6U[(*\]6GM,N!3K"`]DQ.83ODKJ;9Y?)(0'/8#'BW^85\?)I<$
MT219K6;&C=`AK,T+7:W0MJ4$W_4<U=M0KI\`\`\`\`\`\`\`\`\`\`\`\`\`
M\#__T*2/>;[4R_6%S#'5ZJC.UB=>=+RI6G^4ZV0!V>%W&:$8;AWB;$Q]#0@^
M0ML&P_`:I`#H+[N+VYM@6^NJ)2BR02TS?ER"^C&AG'V<>SAT:>YO<_U`Y&8Y
MDJ6TG`:R8I5]G+MT=+'M"4)/J#P=-Y-1*R(I!#L+^((,C9N8F;(2BR+TD%<_
MI5J?LBJ_7]5Z_?-KV1:?4=L/DRO"PDK.?-WY[K).SGG=\CM4AJJCC*,P<7C_
M`.NL2T:ZX%9'8TT`/&@0PVF@+-^3-MM5!_I\["8#F]CG]#^S^J8.QR)Q^_45
MOBENL;K))V`X;Y#+&U8W@:E@DSON_P`OX-/\>FWTVSH%1^F^BFFJB>VN^F^N
MN^F^FV-M-]-L8VUVUVUSG&VNV,_7&<?TSCP/KP#P$U]G>_CU8<)S-SK.Z>E&
MUYM)C*4!D%<5)'GVU9-&ST=\:$-LG5B@9<>C+L+M]V%0SSQBTMM,Z[IXV^F,
MAZ_UZ^[+U[^SJ7RVN>6K4>C[+AC#M+'.NY]#GF"2LV)(FA-IDF8!733<%^:6
MUQ<QD"\BD*+"[D)953TU4TVV!KI98H`I)QQ(X0(0ZQ9AA:R8PH@HR>RQ!))"
MVVB*`Z".F=]]]\XUUUQG.<XQCP$']=?)D]1O(,D=X0\WVY7K.6+4K5UC',\<
M3M9(0\,DD,AF5G&79@J[1Z1+$W34&R^X40V^GY<)XSC/@)9F/S;*Y6*-Q1_K
M=MZRFYO6,7,+F-Y,5?%!L2&JZH[H:'$:HN)`1;=!#.ZR6Y'X4,8V^BZF-?KD
M'I>GOWN<\^W%2?P!AKV7<^=(57'6N73:BIV[M\@))B1BK4UN<O@LG#`8B)3&
M8[*'<9N.5*:FHL?<X'=0;34Q/&`>9X!X!X!X!X'_T>M?:);M%4[\D_F^^NTY
MLVP^B.+/6/,.GZHC#D6R+9L^T6N77JS-[!$&AW=!,N=HFO*_[S."-LF80=%`
M-OLPAC=;(8]ZF^8;/]\W?4L]XG<#8\,O/-.V8!%^%Z%75.S'UR:F=4G./$YT
M=DB1G6!UR]*X,<R&_?4616"LY?7]=``@!0+I/`A=^8/V]3[#,_7[QJ_GE25"
M(WE'>O>A8I&QMW!^9*^CNYD%A(0Z2SY'V0F13!D?IAL."L8*0GH*@HHN(@6D
MJL'5?!7RJ=.V.Z:;YP<.&9M3E"=$2Z35S45YO,[<9*[FS-I9G%[8=7QA`KIO
MBWVOF!!Q#@VYY.RR*FIKJ%$#Z;[Y"O?P)S?DM]Q=#\F\8UG47(R[@V](]Q7@
MS<Q060,ABC1*8XT2AD=?YXZ"/_[;>+'YX[NJ[2S-YRA`^X&KHL8BJDN,FJF&
M4>M'XLW`_*L$C$QZZKZ/]H=1'_KR"92*U='!\J&.O)6^3#(U&*E,<5X9*VL9
M7?1,D^3"O)1ZR6ZR6`T5]Q<!SCWUSGRGPQ[W/1+(N-:1K;GF<7#,NDXS>,4Y
MY@B<0;I+7.(G`(E%37FK:W;Q6`4'(DIE6%G!!L2RMJ,JN8IOH#KNB%8=Y4W!
M^B*9M2A[+$,/KZXJ_EE:S,5N,RWN*L;F3(8PNV6X_717]-P3#.VV05SIOA-7
M77;.NV,9UR"%>&_BU^K/C@[$IE]>.G7U@X3422?>FDF"7Q!N26W"552:ZF!:
M0*\5^JH><:JN8;H5HDKNEA7[-]\;`X7H&Y.6O7-S59G0]@-\)IJF:CBJ;D\)
MQ",,4>R?D?`S/%8;&65G&;4'.12)U6$:F@'3[<*$KI)XSII]=M0DT]$L]*L7
MI3V+?(^[@DU=\OT;T&UO%&U2=-9<W,#`M$F"1079Z2'7<ET=GHB,@TA'HZ#N
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MR0W'5I3#!W;UGTL4;8:-,I3</C``Q*9@0/3K_P"5]"ZL]6[+7L+YWJ.&=PP"
M:3"O.9H)7,`=?^(\]U*!'VMN@UP/!D[V=-7">#LLL>F9(!L*/6>2`5377<-$
M_<=<.]^*/F`4@ZP_A2G>IXXZ/]\6<\#0CKF_Q<,E44G2ZCK,G^.16?*AG!J_
M[']['JSN4HT%19F1H1*+7&*6P-@3(=0^V&U^6/>1SI;=`^M'HAEN/N?@%Z@7
M;%1[5QL^(M+LYPXQ=E<FF#6(N&)#I&]$-4AWU#R&22DC(=&U)51'1115,-Y]
M?WR9>%>B>.99<W4=CQ/F2]Z!BZ7_`'VG94Z:C/<@>V\9$'+]2;08D"X3P.;O
MNFZ0C('J0[-)BGZA>N4\(F$@KOU+(7Y[R/<?)?=+:\#*@7('*0+M47)L/D^^
M^RZKLDQ21LC[6S[-Z.`)`]1/,S<91*#MUE1Q)`]"!AJ+HC:ZB!<UX$G'OJ[?
M]YG(%G2F2\:1>C81P]$*%%GDCZ0G#=7"AD=FV$Y@&_19R.M6::-SA-E#P6_$
M<96Y@,5=BS01T]"U5ED,!)E(WGVV>[KDWI7L+MWK%ZBO#O&\5>[%'<'FOA&&
MM9Q<;:V;L<1KVLZTJQAB+++)D8Y/*380_N.ZVL?T=]L[K;9751V!5$/CM(XX
MD=I?T=UA84A?TCIXQ\>\25+*?Y]:+6$0NT;2:[[N3DFCQ":5JI98C.-&UO$_
MVZ;E)?X<@A);N6`=)ZG_`)'<Q]6G"K=SC#*GFG5<T1M^7V0<U3^2G1.J:#ID
M_5E&4A=?'-'^WOQ[A*IENX/AQ"H+2SM);OC[4W`@A?*85G]>_*J]>'.O,M1W
M/3\BC/6=NVPC%B<\\U?8"[(]5^(XLX[M+S+(D[[!%3H7K%%E\`CB.+&*Z.IN
M^N-!$4="EA0HLIBS0KJJ*LK@;(W*(>UVE`XK8+5&)L,U!2YD:I>RAOS8#(PF
M5W?6P%X2`/3_`#H)%K?AWSG3;.-]=M<!IG@'@?_3OX\"(GM'XL?5]V=C]$O7
M-_=PM'<#]@VL5>U[4N;);5U>!K%DCV;(Y4&-3D2"::?L]E;G]R+)CI3NZ-A#
M0*5H#^)7`O[1(/<X-]%G#7KYH265744-_F[5LBM)57-F].R\()TM^4(3-D.9
MGM1J)4PHW0B/II'YP,T-.@XWXDD_V=BB/RDJA-WQE\-"4L-U+_\`O[I.*VSR
MO"%IJO6M6T?)+(8Y+*7!_P`MPC<\2U611ME;JRU*'$T+=`V$IS6*+"%2R=NC
MC?/@/`Y+^+]ZF^7H)8<2D%/.G3CW9T??HF^S_H=Q;Y!*X_&I`B4&8!6BL2:(
M<'6CIJWD?BT>VE-"0I_W?C/TUWVTR'K)Q\9OT]S'GILYU;.9TZ\9VV6-4S_Z
ME!)"4A?3D[-+:]M20CS;LI'E4F=8V2*_K[+-"VVS7LOJDMJAJJBGOJ$E7-WQ
M*_;.UW)?,0UZ"B_)%)E$2:K\VPP6@\/COT54:D@"/;<:US4[Z`<="W_5I#.+
M:)>6Q*)FC)?<%OE/134,=H;X=OLPM$V]A+0DU.\\H5Z5)V&FGB9ON9>TWY(6
M.2(M36\(IU^0_P`BK2K9$RIE'I.[FW+O>F=1TL,:FB^Y`X7`^AGD7L_A'AW;
ME7M#6D2'RJ+6EK733S1ZP&[.]TT8UQLYM/D>P,)A!#E(EYFL]*_R3D/_`#1P
MBJ/[^NJZ>=U0=1X"F/:CZ@:(]MC=SO'[]LFXX?$J#L1WFI$0K21`-,>LQKD8
MK*(^1^8!GMA^4W#5!@21;7<;9,UJ',<-$<?<9E1(.X/_`"9S:ES8]<?MM,P-
M@YH?Z[?:J<Z=C#(-&H>I!I*U%,SXTH!L>`%1"'$0U7=0U+?0[)6^2?S?L?Y?
M`39S-\7SU'<WLMK-95*/%^G6O'Y;#R9!T"]-\W>()$Y26X[8"J_9O8X^%!)(
MT-1:08TC#1UD:>@_W:':956PH':_(_IJ]<_%M%SWGZHN<8>Z1*WHFY0>Z9#9
M(@T]L"XXJ[9(_<C]@RYV&U,/C_\`]&<HM@F@38*IKA5$=-;ZJ9!*O>WQ$>"K
M4HJPT^%XX1SITL0^8EL!?)98]ERZKB/M**7.K5Z8GAWDF\?B;J,7E,9P$&)/
M;%D$-_H0CA9!4%H!UA\WRM`DXW%Y<\2IIC;X0&V&YF7KDE6S@,S-66T!U2<;
M,^R1.$;<V[^]`4_Z*;$8PH0*F7C&?`]1+?7-\PWJ*.D;VYW.SU1K(`Q1W>)M
M'0[#3AJ(Z^=ER0"\<E5OI'-4],J;(EZ"F*)$I9RE]5D?Z>`XKU_?'^M;BFA?
M8,R23V`69<O2_=G.\IH].VS6Z5,3'5+D1"IW&(//D=3;"DLWF,PB3G+]#!W+
09S;%PD$MQA=$\[[$;!__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>g23759g93m89.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g93m89.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0>V4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``0!@`````0`!.$))300-```````$````'CA"24T$&0``
M````!````!XX0DE-`_,```````D```````````$`.$))300*```````!```X
M0DE-)Q````````H``0`````````".$))30/U``````!(`"]F9@`!`&QF9@`&
M```````!`"]F9@`!`*&9F@`&```````!`#(````!`%H````&```````!`#4`
M```!`"T````&```````!.$))30/X``````!P``#_____________________
M________`^@`````_____________________________P/H`````/______
M______________________\#Z`````#_____________________________
M`^@``#A"24T$"```````$`````$```)````"0``````X0DE-!!X```````0`
M````.$))300:``````!M````!@``````````````TP```<@````&`&<`.0`S
M`&T`.``Y`````0`````````````````````````!``````````````'(````
MTP`````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````!1H````!````<````#0`
M``%0``!$0```!/X`&``!_]C_X``02D9)1@`!`@$`2`!(``#_[@`.061O8F4`
M9(`````!_]L`A``,"`@("0@,"0D,$0L*"Q$5#PP,#Q48$Q,5$Q,8$0P,#`P,
M#!$,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,`0T+"PT.#1`.#A`4#@X.
M%!0.#@X.%!$,#`P,#!$1#`P,#`P,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"``T`'`#`2(``A$!`Q$!_]T`!``'_\0!/P```04!`0$!`0$`
M`````````P`!`@0%!@<("0H+`0`!!0$!`0$!`0`````````!``(#!`4&!P@)
M"@L0``$$`0,"!`(%!P8(!0,,,P$``A$#!"$2,05!46$3(G&!,@84D:&Q0B,D
M%5+!8C,T<H+10P<EDE/PX?%C<S46HK*#)D235&1%PJ-T-A?25>)E\K.$P]-U
MX_-&)Y2DA;25Q-3D]*6UQ=7E]59F=H:6IK;&UN;V-T=79W>'EZ>WQ]?G]Q$`
M`@(!`@0$`P0%!@<'!@4U`0`"$0,A,1($05%A<2(3!3*!D12AL4(CP5+1\#,D
M8N%R@I)#4Q5C<S3Q)086HK*#!R8UPM)$DU2C%V1%539T9>+RLX3#TW7C\T:4
MI(6TE<34Y/2EM<75Y?569G:&EJ:VQM;F]B<W1U=G=X>7I[?'_]H`#`,!``(1
M`Q$`/P#J:/YUOS_(B9/YOS_@AT?SK?G^1$R?S?G_``6:/E+89T_S;?G^5!Q_
MYSY%&I_FV_/\J#C_`,Y\BC^ZKNRR?I-^'\42O^:;_50\GZ3?A_%$K_FF_P!5
M(?,5(<?^<'P*?(^F/A_$IL?^<'P*?(^F/A_$H?H_575+_@?['\$+'^F?A_$(
MO^!_L?P0L?Z9^'\0B=PI63],?U?XE%L_FG?U4+)^F/ZO\2BV?S3OZJ762NR/
M&^D[X!1R/YSY!2QOI.^`4<C^<^00_15U?__0ZFC^=;\_R(F3^;\_X(='\ZWY
M_D1,G\WY_P`%FCY2V&=/\VWY_E0<?^<^11J?YMOS_*@X_P#.?(H_NJ[LLGZ3
M?A_%$K_FF_U4/)^DWX?Q1*_YIO\`52'S%2''_G!\"GR/ICX?Q*;'_G!\"GR/
MICX?Q*'Z/U5U2_X'^Q_!"Q_IGX?Q"+_@?['\$+'^F?A_$(G<*5D_3']7^)1;
M/YIW]5"R?IC^K_$HMG\T[^JEUDKLCQOI.^`4<C^<^04L;Z3O@%'(_G/D$/T5
M=7__T>IH_G6_/\B)D_F_/^"'1_.M^?Y$3)_-^?\`!9H^4MAG3_-M^?Y4''_G
M/D4:G^;;\_RH./\`SGR*/[JN[+)^DWX?Q1*_YIO]5#R?I-^'\42O^:;_`%4A
M\Q4AQ_YP?`I\CZ8^'\2FQ_YP?`I\CZ8^'\2A^C]5=4O^!_L?P0L?Z9^'\0B_
MX'^Q_!"Q_IGX?Q")W"E9/TQ_5_B46S^:=_50LGZ8_J_Q*+9_-._JI=9*[(\;
MZ3O@%'(_G/D%+&^D[X!1R/YSY!#]%75__]+J:/YUOS_(B9/YOS_@OGU)9H^4
MMA^A:?YMOS_*@X_\Y\BO`$D?W5=WZ!R?I-^'\42O^:;_`%5\]))#YBI]_P`?
M^<'P*?(^F/A_$KY_20_1^JNK]"_X'^Q_!"Q_IGX?Q"^?TD3N%/T!D_3']7^)
M1;/YIW]5?/22762NS]`XWTG?`*.1_.?(+P!)#]%75__9.$))300A``````!5
M`````0$````/`$$`9`!O`&(`90`@`%``:`!O`'0`;P!S`&@`;P!P````$P!!
M`&0`;P!B`&4`(`!0`&@`;P!T`&\`<P!H`&\`<``@`#8`+@`P`````0`X0DE-
M!`8```````<`"``!``$!`/_N``Y!9&]B90!D0`````'_VP"$``$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$"`@("`@("`@("
M`@,#`P,#`P,#`P,!`0$!`0$!`0$!`0("`0("`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`__``!$(`-,!R`,!$0`"
M$0$#$0'_W0`$`#G_Q`!=``$!`0$`````````````````"`,)`0$!`0$!`0$`
M````````````!08"`0<($`$!``,!`````````````````P&R,W,1`0`#`0$`
M```````````````!<0(R,?_:``P#`0`"$0,1`#\`[F/P`^Z@`*5;Q*``34P:
MJ`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4
M@W26`SMQKYTURYWQJI$W,*J@`*5;Q*``34P:J``I5O$H`!-3!JH#6'>/K/?#
MK/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8`":F#5
M0`%*MXE``)J8-5``4JWB4``FI@U4`!__T.YC\`/NH`"E6\2@`$U,&J@-8=X^
ML]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@,[
M<:^=-<N=\:J1-S"JH`"E6\2@`$U,&J@`*5;Q*``34P:J`UAWCZSWPZSUFWD^
M2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4@W26``FI@U4`!2K>)
M0`":F#50`%*MXE``)J8-5``?_]'N8_`#[J``I5O$H`!-3!JH#6'>/K/?#K/6
M;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8#.W&OG37+
MG?&JD3<PJJ``I5O$H`!-3!JH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`
M9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@`)J8-5``4JWB4``FI@U
M4`!2K>)0`":F#50`'__2[F/P`^Z@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!
MNDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4@W26`SMQKYTURYWQJI$W
M,*J@`*5;Q*``34P:J``I5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.F
MN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8`":F#50`%*MXE``)J8-5``4JWB
M4``FI@U4`!__T^YC\`/NH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VX
MU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@,[<:^=-<N=\:J1-S"JH`"E
M6\2@`$U,&J@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52
M)N855`:P[Q]9[X=9ZS;R?)4@W26``FI@U4`!2K>)0`":F#50`%*MXE``)J8-
M5``?_]3N8_`#[J``I5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.
M^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8#.W&OG37+G?&JD3<PJJ``I5O$H`!-
M3!JH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&
ML.\?6>^'6>LV\GR5(-TE@`)J8-5``4JWB4``FI@U4`!2K>)0`":F#50`'__5
M[F/P`^Z@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N8
M55`:P[Q]9[X=9ZS;R?)4@W26`SMQKYTURYWQJI$W,*J@`*5;Q*``34P:J``I
M5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGO
MAUGK-O)\E2#=)8`":F#50`%*MXE``)J8-5``4JWB4``FI@U4`!__UNYC\`/N
MH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\
M?6>^'6>LV\GR5(-TE@,[<:^=-<N=\:J1-S"JH`"E6\2@`$U,&J@`*5;Q*``3
M4P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R
M?)4@W26``FI@U4`!2K>)0`":F#50`%*MXE``)J8-5``?_]?N8_`#[J``I5O$
MH`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUG
MK-O)\E2#=)8#.W&OG37+G?&JD3<PJJ``I5O$H`!-3!JH`"E6\2@`$U,&J@-8
M=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE
M@`)J8-5``4JWB4``FI@U4`!2K>)0`":F#50`'__0[F/P`^Z@`*5;Q*``34P:
MJ`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4
M@W26`SMQKYTURYWQJI$W,*J@`*5;Q*``34P:J``I5O$H`!-3!JH#6'>/K/?#
MK/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8`":F#5
M0`%*MXE``)J8-5``4JWB4``FI@U4`!__T>YC\`/NH`"E6\2@`$U,&J@-8=X^
ML]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@,[
M<:^=-<N=\:J1-S"JH`"E6\2@`$U,&J@`*5;Q*``34P:J`UAWCZSWPZSUFWD^
M2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4@W26``FI@U4`!2K>)
M0`":F#50`%*MXE``)J8-5``?_]+N8_`#[J``I5O$H`!-3!JH#6'>/K/?#K/6
M;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8#.W&OG37+
MG?&JD3<PJJ``I5O$H`!-3!JH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`
M9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@`)J8-5``4JWB4``FI@U
M4`!2K>)0`":F#50`'__3[F/P`^Z@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!
MNDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4@W26`SMQKYTURYWQJI$W
M,*J@`*5;Q*``34P:J``I5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.F
MN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8`":F#50`%*MXE``)J8-5``4JWB
M4``FI@U4`!__U.YC\`/NH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VX
MU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@,[<:^=-<N=\:J1-S"JH`"E
M6\2@`$U,&J@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52
M)N855`:P[Q]9[X=9ZS;R?)4@W26``FI@U4`!2K>)0`":F#50`%*MXE``)J8-
M5``?_]7N8_`#[J``I5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.
M^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8#.W&OG37+G?&JD3<PJJ``I5O$H`!-
M3!JH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&
ML.\?6>^'6>LV\GR5(-TE@`)J8-5``4JWB4``FI@U4`!2K>)0`":F#50`'__6
M[F/P`^Z@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N8
M55`:P[Q]9[X=9ZS;R?)4@W26`SMQKYTURYWQJI$W,*J@`*5;Q*``34P:J``I
M5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGO
MAUGK-O)\E2#=)8`":F#50`%*MXE``)J8-5``4JWB4``FI@U4`!__U^YC\`/N
MH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\
M?6>^'6>LV\GR5(-TE@,[<:^=-<N=\:J1-S"JH`"E6\2@`$U,&J@`*5;Q*``3
M4P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R
M?)4@W26``FI@U4`!2K>)0`":F#50`%*MXE``)J8-5``?_]#N8_`#[J``I5O$
MH`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUG
MK-O)\E2#=)8#.W&OG37+G?&JD3<PJJ``I5O$H`!-3!JH`"E6\2@`$U,&J@-8
M=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE
M@`)J8-5``4JWB4``FI@U4`!2K>)0`":F#50`'__1[F/P`^Z@`*5;Q*``34P:
MJ`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4
M@W26`SMQKYTURYWQJI$W,*J@`*5;Q*``34P:J``I5O$H`!-3!JH#6'>/K/?#
MK/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8`":F#5
M0`%*MXE``)J8-5``4JWB4``FI@U4`!__TNYC\`/NH`"E6\2@`$U,&J@-8=X^
ML]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@,[
M<:^=-<N=\:J1-S"JH`"E6\2@`$U,&J@`*5;Q*``34P:J`UAWCZSWPZSUFWD^
M2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4@W26``FI@U4`!2K>)
M0`":F#50`%*MXE``)J8-5``?_]/N8_`#[J``I5O$H`!-3!JH#6'>/K/?#K/6
M;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8#.W&OG37+
MG?&JD3<PJJ``I5O$H`!-3!JH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`
M9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@`)J8-5``4JWB4``FI@U
M4`!2K>)0`":F#50`'__4[F/P`^Z@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!
MNDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R?)4@W26`SMQKYTURYWQJI$W
M,*J@`*5;Q*``34P:J``I5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.F
MN7.^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8`":F#50`%*MXE``)J8-5``4JWB
M4``FI@U4`!__U>YC\`/NH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VX
MU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE@,[<:^=-<N=\:J1-S"JH`"E
M6\2@`$U,&J@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52
M)N855`:P[Q]9[X=9ZS;R?)4@W26``FI@U4`!2K>)0`":F#50`%*MXE``)J8-
M5``?_];N8_`#[J``I5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.
M^-5(FYA54!K#O'UGOAUGK-O)\E2#=)8#.W&OG37+G?&JD3<PJJ``I5O$H`!-
M3!JH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&
ML.\?6>^'6>LV\GR5(-TE@`)J8-5``4JWB4``FI@U4`!2K>)0`":F#50`'__7
M[F/P`^Z@`*5;Q*``34P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N8
M55`:P[Q]9[X=9ZS;R?)4@W26`SMQKYTURYWQJI$W,*J@`*5;Q*``34P:J``I
M5O$H`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGO
MAUGK-O)\E2#=)8`":F#50`%*MXE``)J8-5``4JWB4``FI@U4`!__T.YC\`/N
MH`"E6\2@`$U,&J@-8=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\
M?6>^'6>LV\GR5(-TE@,[<:^=-<N=\:J1-S"JH`"E6\2@`$U,&J@`*5;Q*``3
M4P:J`UAWCZSWPZSUFWD^2I!NDL!G;C7SIKESOC52)N855`:P[Q]9[X=9ZS;R
M?)4@W26``FI@U4`!2K>)0`":F#50`%*MXE``)J8-5``?_]'N8_`#[J``I5O$
MH`!-3!JH#6'>/K/?#K/6;>3Y*D&Z2P&=N-?.FN7.^-5(FYA54!K#O'UGOAUG
MK-O)\E2#=)8#.W&OG37+G?&JD3<PJJ``I5O$H`!-3!JH`"E6\2@`$U,&J@-8
M=X^L]\.L]9MY/DJ0;I+`9VXU\Z:Y<[XU4B;F%50&L.\?6>^'6>LV\GR5(-TE
>@`)J8-5``4JWB4``FI@U4`!2K>)0`":F#50`'__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>g23759g99u06.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g23759g99u06.jpg
M_]C_X``02D9)1@`!`@$`E@"6``#_[0`L4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``E@````$``0"6`````0`!_^X`#D%D;V)E`&3``````?_;`(0`"@<'
M!P@'"@@("@\*"`H/$@T*"@T2%!`0$A`0%!0/$1$1$0\4%!<8&A@7%!\?(2$?
M'RTL+"PM,C(R,C(R,C(R,@$+"@H+#`L.#`P.$@X.#A(4#@X.#A08$1$2$1$8
M(!<4%!04%R`<'AH:&AX<(B(@("(B*RLI*RLR,C(R,C(R,C(R_\``$0@#SP.5
M`P$B``(1`0,1`?_$`:(````'`0$!`0$```````````0%`P(&`0`'"`D*"P$`
M`@(#`0$!`0$``````````0`"`P0%!@<("0H+$``"`0,#`@0"!@<#!`(&`G,!
M`@,1!``%(1(Q05$&$V$B<8$4,I&A!Q6Q0B/!4M'A,Q9B\"1R@O$E0S13DJ*R
M8W/"-40GDZ.S-A=49'3#TN(()H,)"A@9A)1%1J2T5M-5*!KRX_/$U.3T976%
ME:6UQ=7E]69VAI:FML;6YO8W1U=G=X>7I[?'U^?W.$A8:'B(F*BXR-CH^"DY
M25EI>8F9J;G)V>GY*CI*6FIZBIJJNLK:ZOH1``("`0(#!04$!08$"`,#;0$`
M`A$#!"$2,4$%41-A(@9Q@9$RH;'P%,'1X2-"%5)B<O$S)#1#@A:24R6B8[+"
M!W/2->)$@Q=4DP@)"A@9)C9%&B=D=%4W\J.SPR@IT^/SA)2DM,34Y/1E=865
MI;7%U>7U1E9F=H:6IK;&UN;V1U=G=X>7I[?'U^?W.$A8:'B(F*BXR-CH^#E)
M66EYB9FIN<G9Z?DJ.DI::GJ*FJJZRMKJ^O_:``P#`0`"$0,1`#\`B.;-FS8.
MB=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5
M=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]
M@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;
M-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;
M%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?
MW@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV
M;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BK
ML?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-F
MS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-F
MQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M
M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7
M@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'
MYXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V
M)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!
M,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/
MEB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<
MO*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[
M8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`
M=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4
MQ.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K
M`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS
M9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\Q
ME9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$
M,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M
M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_
M=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#
M_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^
MPOR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%Y
MLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN
M;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV
M*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-B
MJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJ
MCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-F
MQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV
M;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BK
MLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-F
MS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/
MO@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V
M;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKL
MV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\
M\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5
M=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=
MFS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5
M"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E
M/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV
M*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;
M%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`
M8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^V
MWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>
M(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT
M^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'
MV#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%
M_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/
MOCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC
M,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y
M#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%
M79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0
M?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;
M-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS
M8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB
M4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS
M9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ
M/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA
M<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?
M+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W
M9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9L
MV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9
MLV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JK
MP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516
M;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;
M-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ
M5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=F
MS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV
M*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;
M%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS
M9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9
ML5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$
M,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKL
MV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79L
MV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S
M[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43
M%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_
M>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[
M!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;
M-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]
M&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>
M*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIB
MKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L
M_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$
MQ5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*
M3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[
M#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+
MXA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/
MO@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[
M`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;
M;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*
MNS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?
M;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^
MP?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%7
M9LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/
MOCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MB
MJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&
M*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%
M79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ
M5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_
MV!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9
MLV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9
ML5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%
M_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79
MLV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-
MBKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[
M-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%
M79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ
M5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-B
MKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.
M#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9
ML5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L
M5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8
M^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AO
MD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"
M?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO
M]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ
M3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."
ML"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[
M-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS
M&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\
M0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_
M`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;
M%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_
M>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"
MD^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV
M;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1
MBJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKL
MV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-
MFS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/
MTXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=
MFS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79
MLV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-
MBKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/
M-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[
MX&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%7
M9LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*N
MS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/
MSQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ
M5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5
MV;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-
MFQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5
M=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9
MLV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79L
MV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=
MB<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@
M5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^
MP/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-B
MKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%7
M8O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P
M/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C
M_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/
MMC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?8
M7Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5
MV;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM
M!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9
MLV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;
M-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN
M)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;
M-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'
MRQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(X
MJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]
ML?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!
M,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*
MJ&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%
M6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9L
MV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC
M%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GB
MJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;
M%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5
M=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9
MLV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYL
MV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV
M;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-
MFQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\
M0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*N
MS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=F
MS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_
M`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%
M43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?
M%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8
MJ[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV
M;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0
M?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X
M$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^
M>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B
M4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3
M!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)X
MI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*
M?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^
M6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\
M^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_
ML#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]
MMOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8
MJ[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI
M]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#
M[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8
M(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C
M_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/
MMBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^PO
MR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47
MFS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKF
MS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-B
MJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8J
MA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJH
MYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L
M57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%
M79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV
M;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8
MJ[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5
MV;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;
M%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV
M*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$
MX/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-
MFQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-F
MQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50
MG^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]
MAOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*N
MQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5
MLO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V
M!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM
M\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB
M&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/
MMK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]
M@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>
M#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OC
ML;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?
M%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`
MN"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-F
MQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]
M&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*N
MS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKL
MV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L
M_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5
MV;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%
M79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V
M;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%
M5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`
M=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-
MFQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;
M-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\
M'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45F
MS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS
M9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79L
MV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9
ML5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*N
MS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%7
M9LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78
MG/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V
M!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?
M[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV
M*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5
M=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8
M(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_
M=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#
M_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2
M?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79
MLV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1
MB.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7B
MKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J
M[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/
MTXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,
M5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`
M;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?
M(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA
M/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L
M$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YX
MJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<
M5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-F
MS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F
M,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>
M*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V
M;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OC
ML5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(
MS9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*M
MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L
M5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5
M=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]
M@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;
M-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;
M%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?
MW@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV
M;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BK
ML?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-F
MS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-F
MQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M
M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7
M@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'
MYXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V
M)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!
M,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/
MEB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<
MO*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[
M8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`
M=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4
MQ.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K
M`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS
M9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\Q
ME9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$
M,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M
M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_
M=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#
M_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^
MPOR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%Y
MLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN
M;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV
M*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-B
MJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJ
MCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-F
MQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV
M;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BK
MLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-F
MS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/
MO@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V
M;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKL
MV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\
M\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5
M=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=
MFS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5
M"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E
M/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV
M*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;
M%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`
M8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^V
MWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>
M(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT
M^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'
MV#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%
M_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/
MOCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC
M,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y
M#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%
M79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0
M?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;
M-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS
M8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB
M4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS
M9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ
M/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA
M<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?
M+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W
M9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9L
MV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9
MLV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JK
MP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516
M;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;
M-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ
M5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=F
MS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV
M*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;
M%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS
M9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9
ML5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$
M,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKL
MV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79L
MV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S
M[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43
M%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_
M>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[
M!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;
M-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]
M&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>
M*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIB
MKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L
M_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$
MQ5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*
M3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[
M#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+
MXA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/
MO@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[
M`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;
M;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*
MNS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?
M;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^
MP?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%7
M9LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/
MOCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MB
MJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&
M*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%
M79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ
M5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_
MV!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9
MLV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9
ML5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%
M_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79
MLV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-
MBKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[
M-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%
M79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ
M5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-B
MKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.
M#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9
ML5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L
M5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8
M^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AO
MD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"
M?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO
M]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ
M3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."
ML"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[
M-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS
M&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\
M0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_
M`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;
M%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_
M>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"
MD^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV
M;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1
MBJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKL
MV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-
MFS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/
MTXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=
MFS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79
MLV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-
MBKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/
M-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[
MX&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%7
M9LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*N
MS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/
MSQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ
M5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5
MV;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-
MFQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5
M=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9
MLV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79L
MV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=
MB<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@
M5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^
MP/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-B
MKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%7
M8O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P
M/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C
M_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/
MMC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?8
M7Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5
MV;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM
M!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9
MLV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;
M-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN
M)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;
M-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'
MRQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(X
MJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]
ML?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!
M,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*
MJ&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%
M6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9L
MV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC
M%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GB
MJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;
M%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5
M=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9
MLV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYL
MV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV
M;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-
MFQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\
M0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*N
MS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=F
MS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_
M`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%
M43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?
M%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8
MJ[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV
M;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0
M?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X
M$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^
M>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B
M4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3
M!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)X
MI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*
M?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^
M6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\
M^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_
ML#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]
MMOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8
MJ[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI
M]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#
M[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8
M(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C
M_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/
MMBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^PO
MR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47
MFS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKF
MS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-B
MJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8J
MA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJH
MYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L
M57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%
M79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV
M;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8
MJ[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5
MV;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;
M%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV
M*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$
MX/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-
MFQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-F
MQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50
MG^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]
MAOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*N
MQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5
MLO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V
M!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM
M\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB
M&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/
MMK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]
M@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>
M#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OC
ML;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?
M%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`
MN"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-F
MQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]
M&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*N
MS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKL
MV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L
M_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5
MV;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%
M79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V
M;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%
M5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`
M=G_/O@;%79LV;%79LV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-
MFQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;
M-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\
M'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45F
MS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS
M9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79L
MV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9
ML5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*N
MS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%7
M9LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78
MG/\`8'SQ3$Y_L#YXJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V
M!7^VWS."L"O]MOF<5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?
M[`^>(8J[-FS8J[-FS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV
M*NRT^VOS&5EI]M?F,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5
M=B\'V#\\0Q>#[!^>*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8
M(P/%_>#_`#[8(Q5V;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_
M=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#
M_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2
M?87Y#`N"D^POR&*MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79
MLV;%79LV;%47FS9L5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1
MB.+0?M?1BJKFS9L5=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7B
MKLV;-BKLV;-BJG/]@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J
M[-FS8J[-FS8JA,V;-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/
MTXKB4_[/TXJHYLV;%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,
M5=FS9L5=FS9L57Q?W@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`
M;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?
M(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA
M/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L
M$R_W9_S[X&Q5V;-FQ5V;-FQ5V;-FQ5%YLV;%79LV;%78G/\`8'SQ3$Y_L#YX
MJH9LV;%79LV;%78M!^U]&(XM!^U]&*JN;-FQ5V;-FQ5V!7^VWS."L"O]MOF<
M5:S9LV*NS9LV*NP7@3!>*NS9LV*NS9LV*J<_V!\\0Q>?[`^>(8J[-FS8J[-F
MS8JKP?8/SQ3$X/L'YXIBKLV;-BKLV;-BJ$S9LV*NS9LV*NRT^VOS&5EI]M?F
M,516;-FQ5V;-FQ5V)3_L_3BN)3_L_3BJCFS9L5=FS9L5=B\'V#\\0Q>#[!^>
M*JF;-FQ5V;-FQ5V!,%X$Q5V;-FQ5V;-FQ5?%_>#_`#[8(P/%_>#_`#[8(Q5V
M;-FQ5V;-FQ50G^V/EB>*3_;'RQ/%79LV;%79LV;%43%_=C_/OCL;%_=C_/OC
ML5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BKL?%_>#_/MC,?%_>#_/MBJ(
MS9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-FS8J[!2?87Y#`N"D^POR&*M
MYLV;%79LV;%5LO\`=G_/O@;!,O\`=G_/O@;%79LV;%79LV;%79LV;%47FS9L
M5=FS9L5=B<_V!\\4Q.?[`^>*J&;-FQ5V;-FQ5V+0?M?1B.+0?M?1BJKFS9L5
M=FS9L5=@5_MM\S@K`K_;;YG%6LV;-BKLV;-BKL%X$P7BKLV;-BKLV;-BJG/]
M@?/$,7G^P/GB&*NS9LV*NS9LV*J\'V#\\4Q.#[!^>*8J[-FS8J[-FS8JA,V;
M-BKLV;-BKLM/MK\QE9:?;7YC%45FS9L5=FS9L5=B4_[/TXKB4_[/TXJHYLV;
M%79LV;%78O!]@_/$,7@^P?GBJIFS9L5=FS9L5=@3!>!,5=FS9L5=FS9L57Q?
MW@_S[8(P/%_>#_/M@C%79LV;%79LV;%5"?[8^6)XI/\`;'RQ/%79LV;%79LV
M;%43%_=C_/OCL;%_=C_/OCL5=FS9L5=E/]AOD<O*?[#?(XJA<V;-BKLV;-BK
ML?%_>#_/MC,?%_>#_/MBJ(S9LV*NS9LV*NQ"?[8^6+XA/]L?+%5/-FS8J[-F
MS8J[!2?87Y#`N"D^POR&*MYLV;%79LV;%5LO]V?\^^!L$R_W9_S[X&Q5V;-F
- -Q5V;-FQ5V;-FQ5__V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
