-----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,
 IH9a/cRjXIsQGM7LPVGWy1Zp/NYXQzgi0lEKxAFczme09dNCXS4L1aDnyPcuAYkd
 jqczMJrVU007h2mfTV7Afw==

<SEC-DOCUMENT>0001193125-08-075556.txt : 20080407
<SEC-HEADER>0001193125-08-075556.hdr.sgml : 20080407
<ACCEPTANCE-DATETIME>20080404205449
ACCESSION NUMBER:		0001193125-08-075556
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20080131
FILED AS OF DATE:		20080407
DATE AS OF CHANGE:		20080404
EFFECTIVENESS DATE:		20080407

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIMCO STRATEGIC GLOBAL GOVERNMENT FUND INC
		CENTRAL INDEX KEY:			0000916183
		IRS NUMBER:				943194834
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-08216
		FILM NUMBER:		08741660

	BUSINESS ADDRESS:	
		STREET 1:		1776 HERIATAGE DRIVE A4N
		CITY:			N QUINCY
		STATE:			MA
		ZIP:			02171
		BUSINESS PHONE:		9497204761

	MAIL ADDRESS:	
		STREET 1:		840 NEWPORT CENTER DRIVE
		CITY:			NEWPORT BEACH
		STATE:			CA
		ZIP:			92660

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RCM STRATEGIC GLOBAL GOVERNMENT FUND INC
		DATE OF NAME CHANGE:	19931214
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>dncsr.htm
<DESCRIPTION>ANNUAL REPORT
<TEXT>
<HTML><HEAD>
<TITLE>Annual Report</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <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 MANAGEMENT </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B>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 Company Act file number: 811-08216 </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>PIMCO Strategic Global Government Fund, Inc. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>840 Newport Center Drive, Newport Beach, CA 92660 </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Address of principal executive offices) </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="2"><B>John P. Hardaway </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Treasurer and Principal Financial Officer </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><B>PIMCO Funds </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>840 Newport Center Drive </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>Newport Beach, CA 92660 </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" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2">Copies to: </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>Brendan Fox </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Dechert LLP </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>1775 I Street, N.W. </B>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Washington, D.C. 20006 </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: (866) 746-2606 </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: January 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: January 31, 2008 </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; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10&nbsp;days after the transmission to
stockholders of any report that is required to be transmitted to stockholders under Rule&nbsp;30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory,
disclosure review, inspection, and policymaking roles. </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">A
registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form
displays a currently valid Office of Management and Budget (&#147;OMB&#148;) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary,
Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. &#167; 3507. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Item 1. Reports to Shareholders. </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">The following is a copy of the report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940, as amended (the
&#147;1940 Act&#148;) (17 CFR 270.30e-1). </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g82810img_001.jpg" ALT="LOGO"> </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="toc"></A>Table of Contents </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" ALIGN="center">

<TR>
<TD WIDTH="90%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Page</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_1">Chairman&#146;s Letter</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">2</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_2">Important Information About the Fund</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">4</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_3">Fund Summary</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">8</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_4">Financial Highlights</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">10</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_5">Statement of Assets and Liabilities</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">12</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_6">Statement of Operations</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">13</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_7">Statements of Changes in Net Assets</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">14</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_8">Statement of Cash Flows</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">15</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_9">Schedule of Investments</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">16</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_10">Notes to Financial Statements</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">22</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_15">Report of Independent Registered Public Accounting Firm</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">34</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_11">Privacy Policy</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">35</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_12">Dividend Reinvestment Plan</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">36</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:0.38em"><FONT FACE="ARIAL" SIZE="1">
<A HREF="#tx82810_16">Management of the Fund</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">39</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"><FONT FACE="ARIAL" SIZE="1"><I>Pacific Investment Management Company LLC (&#147;PIMCO&#148;), an investment adviser with in excess of $746 billion of assets under management as of December 31, 2007, is
responsible for the management and administration of the PIMCO Strategic Global Government Fund, Inc. (the &#147;Fund&#148;). Founded in 1971, PIMCO manages assets on behalf of mutual fund and institutional clients located around the world. </I>
</FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_1"></A>Chairman&#146;s Letter </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:2%; text-indent:-2%"><FONT FACE="ARIAL" SIZE="3"
COLOR="#334a73"><B>Dear PIMCO Strategic Global Government Fund, Inc. Shareholder: </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="ARIAL" SIZE="2">It
is our pleasure to present to you the annual report for PIMCO Strategic Global Government Fund, Inc. (the &#147;Fund&#148;), covering the twelve-month period ended January 31, 2008. </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="2">Reflecting the work of an extraordinary team of PIMCO investment professionals in very challenging market conditions, Morningstar named Bill Gross and
the PIMCO investment team as the 2007 Fixed-Income Manager of the Year. To receive this award for an unprecedented third time is a particularly satisfying recognition of PIMCO&#146;s commitment to consistent, risk-controlled results over the
long-term. </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="2">Highlights of the financial markets during the reporting period include:
</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="ARIAL" SIZE="2"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="2">The past twelve months proved to be one of the most difficult for financial markets worldwide in some time as the pronounced downturn in the U.S. residential housing market,
in concert with the subprime mortgage debacle, helped to foster a global liquidity crisis. Central banks around the world responded to the crisis by injecting liquidity into financial markets and by adjusting monetary policy to a neutral or an
easing bias. The Federal Reserve reduced the Federal Funds Rate five times from 5.25% to 3.00% and lowered the discount rate (the interest rate charged to commercial banks and other depository institutions) from 6.25% to 3.50%.
</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="ARIAL" SIZE="2"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="2">Returns of mortgage-backed securities (&#147;MBS&#148;) trailed U.S. Treasuries on a like-duration basis during the period, as increasing volatility and risk aversion
negatively impacted the MBS sector. Concerns about problems in the subprime mortgage market fueled a flight-to-quality beginning in late June, which continued to persist through the remainder of the period as investors sought the safety of U.S.
Treasuries, causing spread sectors to underperform. The benchmark ten-year U.S. Treasury yielded 3.59% on January 31, 2008, or 1.22% lower than at January 31, 2007. </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="ARIAL" SIZE="2"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="2">Returns from emerging market (&#147;EM&#148;) bonds generally tracked the volatility in financial markets during the period, as risk premiums widened amid global risk
aversion. U.S. dollar-denominated EM bonds generally posted positive returns for the year, while EM bonds denominated in local currency fared better and outpaced U.S. Treasuries for the year due to a weaker U.S. dollar. </FONT></P></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 SIZE="1">&nbsp;</FONT></P>

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

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="94%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>2</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <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">During the one-year period ended January 31, 2008, the
Fund returned 5.47% based on its net asset value and 1.02% based on its NYSE share price. The Fund&#146;s benchmark, the Lehman Brothers Intermediate Aggregate Bond Index, returned 8.87% during the same period. Since PIMCO assumed responsibility for
managing the Fund on February 8, 2002, through January&nbsp;31, 2008, the Fund has achieved annualized returns of 6.48% based on its net asset value and 7.75% based on its NYSE share price, while the benchmark returned 5.19% on an annualized basis
during the same period. As of January 31, 2008, the Fund&#146;s annualized dividend yield based on its NYSE share price was 7.51%. </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="2">On the following pages please find details on the Fund&#146;s portfolio and total return investment performance, including our discussion of the primary factors that affected
performance during the twelve-month reporting period. </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="2">We appreciate the trust you have
placed in us, and we will strive to meet your investment needs. If you have any questions regarding your investment in the Fund, please contact your account manager or call one of our shareholder associates at 1-866-746-2606. We also invite you to
visit the Fund&#146;s website at www.rcsfund.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="ARIAL" SIZE="2">Sincerely, </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">

<IMG SRC="g82810g94v78.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2">R. Wesley Burns </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2">Chairman of the Board, PIMCO Strategic
Global Government Fund, Inc. </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="2">February 28, 2008 </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>3</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_2"></A>Important Information About the Fund </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="ARIAL" SIZE="3"
COLOR="#334a73"><B>Background and Investment Objectives </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">PIMCO Strategic Global
Government Fund, Inc. is a closed-end bond fund which trades on the NYSE under the ticker symbol &#147;RCS.&#148; Formed in 1994, the primary investment objective of the Fund is to generate, over time, a level of income higher than that generated by
high-quality, intermediate-term U.S. debt securities. As a secondary objective, the Fund seeks to maintain volatility in the net asset value of the shares of the Fund comparable to that of high-quality, intermediate-term U.S. debt securities.
Pacific Investment Management Company LLC (&#147;PIMCO&#148;) assumed responsibility for portfolio management of the Fund on February&nbsp;8, 2002. </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="3" COLOR="#334a73"><B>Primary Investments </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">The Fund attempts to achieve its investment objectives by investing primarily in a portfolio of investment grade fixed-income securities of the United States and other countries.
The Fund invests, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in government securities. &#147;Government securities&#148; include bonds issued or guaranteed by the U.S. or foreign governments
(including states, provinces, cantons, and municipalities), by their agencies, authorities or instrumentalities, or by supranational entities, and synthetic instruments with economic characteristics similar to such securities. &#147;Government
securities&#148; also include mortgage-backed securities issued or guaranteed by certain U.S. government agencies and government-sponsored enterprises, including Federal Home Loan Mortgage Corporation (&#147;FHLMC&#148; or &#147;Freddie Mac&#148;),
Federal National Mortgage Association (&#147;FNMA&#148; or &#147;Fannie Mae&#148;) and Government National Mortgage Association (&#147;GNMA&#148; or &#147;Ginnie Mae&#148;), which may or may not be backed by the full faith and credit of the U.S.
government. </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="1">Additionally, the Fund invests, under normal circumstances, at least 80% of
its net assets plus amounts borrowed for investment purposes in the securities of issuers located in not less than three different countries, including the United States. </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="1">The Fund may invest up to 20% of its total assets in non-investment grade securities regardless of the issuer. Effective May&nbsp;24, 2007, the Fund changed its
policies so that the Fund is now permitted to use the ratings assigned by Fitch, Inc. (&#147;Fitch&#148;) for purposes of credit quality investment restrictions. Prior to May&nbsp;24, 2007, the Fund used ratings from Moody&#146;s Investors Service,
Inc. (&#147;Moody&#146;s&#148;) or Standard&nbsp;&amp; Poor&#146;s Ratings Service (&#147;S&amp;P&#148;), or, if unrated, PIMCO&#146;s determination of comparable quality to a rated security for purposes of credit quality investment restrictions.
Effective May&nbsp;24, 2007, the Fund&#146;s credit quality restrictions are now based on the ratings of Moody&#146;s, S&amp;P or Fitch, or if unrated, PIMCO&#146;s determination of comparable quality to a rated security. Additionally, the Fund may
invest up to 20% of total assets in securities of emerging market issuers. </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="3"
COLOR="#334a73"><B>Dividend Policy </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">The Fund pays a monthly dividend out of net
investment income at a rate of $0.065 per share. The Fund may also pay a special dividend at the end of each calendar year in order to satisfy tax distribution rules applicable to regulated investment companies. </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="1">Shareholders who wish to have their dividends reinvested may elect to do so through the Fund&#146;s
Dividend Reinvestment Plan described in this report beginning on page 36. Shareholders who hold their shares through a financial intermediary may or may not be able to participate in the Fund&#146;s Dividend Reinvestment Plan and should consult with
their financial intermediary to determine eligibility. </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></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="94%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 4
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <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="3" COLOR="#334a73"><B>Risks of Making an Investment in
the Fund </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">We believe that bond funds have an important role to play in a
well-diversified investment portfolio. It is important to note, however, that it is possible to lose money in an investment in the Fund. The past and current dividend rates </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL"
SIZE="1">are not assured, and because the Fund&#146;s shares trade at market value on an exchange, the shares may trade at a discount or premium to the Fund&#146;s net asset value (&#147;NAV&#148;). An investment in the Fund is not a deposit in a
bank and is not guaranteed or insured by the Federal Deposit Insurance Corporation or any other government agency. </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="3" COLOR="#334a73"><B>Summary of Risks </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">The following provides a description of the Fund&#146;s principal risks. The Fund may be subject to additional risks other than those described below. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Interest rate risk, including the risk that bond prices fall as interest rates rise. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Yield curve flattening risk, including the risk of a decrease in the difference between short-term interest rates and long-term interest rates and the risk that financing
costs exceed the returns from longer-term investments purchased with borrowed funds. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Market price versus NAV (discount risk), including the risk that the Fund&#146;s shares may trade at a smaller premium or a larger discount from their NAV.
</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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Market risk, including the risk that the Fund&#146;s ability to dispose of or accurately value certain holdings may be adversely impacted by market or economic conditions.
</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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Net investment income risk, including the risk that the Fund may not generate sufficient net income to meet the current monthly dividend rate. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Duration risk, including the risk that investments with a longer final maturity may be more sensitive to interest rate changes than investments with a shorter final maturity.
</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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Derivative risk, including the risk of defaults by counterparties and the risk that a derivative performs differently from a direct investment in the instrument underlying
the&nbsp;derivative. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Small company risk, including the risk that securities issued by small companies may be less liquid than securities issued by larger companies. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Non-U.S. security risk, including the risk that non-U.S. securities may present different risks (such as political, regulatory, accounting and tax risks) from similar
securities issued by U.S. issuers. This risk may be enhanced when investing in emerging markets. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Credit and high-yield security risk, including the risk that offerings of debt securities or derivatives may default and the risk that below investment grade bonds may be
subject to higher default rates than investment grade bonds. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Sector-specific risk, including the risk that certain sectors of the bond market may have different risk attributes from the bond market as a whole.
</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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Leverage risk, including the risk that certain other risks will be magnified when the Fund pursues leveraging strategies and the risk that investments in excess of capital
may increase the volatility of returns. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Concentration risk, which may result in additional volatility compared to a more diversified portfolio. </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="ARIAL" SIZE="1"><FONT FACE="Times New Roman" SIZE="1" COLOR="#334a73"><FONT FACE="WINGDINGS">&#110;</FONT></FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Mortgage risk, including the risk that rising interest rates will extend the duration of mortgage-related securities, making them more sensitive to changes in interest rates
(extension risk) and the risk that in an environment where interest rates are falling, borrowers will pay off their mortgages sooner than expected, causing the Fund to reinvest at the lower prevailing interest rates and reducing the Fund&#146;s
returns (contraction risk). </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 5
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Important Information About the Fund&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT
FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B> </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="ARIAL" SIZE="1">In an environment in which interest rates
may trend upward, rising rates will negatively impact the performance of most bond funds, and fixed-income securities held by a fund are likely to decrease in value. The price volatility of fixed-income securities can also increase during periods of
rising interest rates resulting in increased losses to a fund. Bond funds and individual bonds with a longer duration (a measure of the expected life of a security) tend to be more sensitive to changes in interest rates, usually making them more
volatile than securities or funds with shorter durations. The Fund&#146;s duration, a measure of the portfolio&#146;s sensitivity to interest rate changes, was 3.30 years as of January 31, 2008, compared to the duration of Lehman Brothers
Intermediate Aggregate Bond Index which was 3.31 years. </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">The Fund may use derivative
instruments for hedging and leveraging purposes or as part of an investment strategy. For instance, the Fund may use credit derivatives, such as credit default swaps, and other derivative instruments for gaining synthetic exposure. Use of these
instruments may involve certain costs and risks such as liquidity risk, interest rate risk, market risk, credit risk, management risk, leveraging risk and the risk that the Fund could not close out a position when it would be most advantageous to do
so. Because the Fund may invest in derivatives, it could lose more than the principal amount invested in these instruments. </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">High-yield bonds are bonds that are rated below investment grade (e.g., rated below BBB- by S&amp;P or Fitch and below Baa3 by Moody&#146;s). Below-investment grade bonds may be
issued in a variety of sectors of the bond market including the corporate and emerging markets sectors. Lower-rated bonds generally involve a greater risk to principal than higher-rated bonds. As of January 31, 2008, the Fund&#146;s holdings of
high-yield bonds were approximately 10% of its total investments. The credit quality of the investments in the Fund&#146;s portfolio does not ensure the stability or safety of the Fund&#146;s portfolio. </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">The Fund&#146;s investments in securities issued by certain U.S. government agencies or U.S.
government-sponsored enterprises may not be guaranteed by the U.S. Treasury. GNMA, a wholly owned U.S. government corporation, is authorized to guarantee, with the full faith and credit of the U.S. government, the timely payment of principal and
interest on securities issued by institutions approved by GNMA and backed by pools of mortgages insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs. Government-related guarantors (i.e., not backed by the
full faith and credit of the U.S. government) include the FNMA and the FHLMC. Pass-through securities issued by FNMA are guaranteed as to timely payment of principal and interest by FNMA but are not backed by the full faith and credit of the U.S.
government. FHLMC guarantees the timely payment of interest and ultimate collection of principal, but its participation certificates are not backed by the full faith and credit of the U.S. government. </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">The Fund invests in dollar rolls, a simultaneous agreement to sell a security held in the portfolio
with a purchase of a similar, but not identical security at a future date at an agreed-upon price, which may create leveraging risk for the Fund. The use of leverage may cause the Fund to liquidate portfolio positions when it may not be advantageous
to do so. Because leveraging tends to exaggerate the effect of any increase or decrease in the value of portfolio securities, leverage may cause the Fund to be more volatile than if the Fund had not been leveraged. </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="3" COLOR="#334a73"><B>Sarbanes-Oxley Act and Other Information Available to Shareholders </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">On July&nbsp;9, 2007, the Fund submitted a CEO annual certification to the NYSE on which the
Fund&#146;s principal executive officer certified that he was not aware, as of that date, of any violation by the Fund of the NYSE&#146;s Corporate Governance listing standards. In addition, as required by Section&nbsp;302 of the Sarbanes-Oxley Act
of 2002 and related Securities and Exchange Commission (&#147;SEC&#148;) rules, the Fund&#146;s principal executive and principal financial officers have made quarterly certifications, included in filings with the SEC on Forms N-CSR and N-Q,
relating to, among other things, the Fund&#146;s disclosure controls and procedures and internal control over financial reporting, as applicable. </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></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="94%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 6
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <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">PIMCO has adopted written proxy voting policies and
procedures (&#147;Proxy Policy&#148;) as required by Rule 206(4)-6 under the Investment Advisers Act of 1940, as amended. The Proxy Policy has been adopted by the Fund as the policies and procedures that PIMCO will use when voting proxies on behalf
of the Fund. A description of the policies and procedures that PIMCO uses to vote proxies relating to portfolio securities of the Fund, and information about how the Fund voted proxies relating to portfolio securities held during the most recent
twelve-month period ended June&nbsp;30, are available without charge, upon request, by calling the Fund at 1-866-746-2606, on the Fund&#146;s website at http://www.rcsfund.com, and on the SEC&#146;s website at http://www.sec.gov. </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">The Fund files a complete schedule of its portfolio holdings with the SEC on Form N-Q for the first
and third quarters of each fiscal year, which are available on the SEC&#146;s website at http://www.sec.gov. A copy of the Fund&#146;s Form N-Q is also available without charge, upon request, by calling the Fund at 1-866-746-2606 or visiting the
Fund&#146;s website at http://www.rcsfund.com. In addition, the Fund&#146;s Form N-Q may be reviewed and copied at the SEC&#146;s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by
calling 1-800-SEC-0330. Holdings are subject to change daily. </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 7
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_3"></A>Fund Summary&nbsp;&nbsp;PIMCO Strategic Global Government Fund, Inc. </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:0%"><FONT FACE="ARIAL" SIZE="1"><B>Objectives: </B>The Fund&#146;s primary investment objective is to generate, over time, a level of income higher than that generated by high-quality,
intermediate-term U.S. debt securities. As a secondary objective, the Fund seeks to maintain volatility in the net asset value of the shares of the Fund comparable to that of high-quality, intermediate-term U.S. debt securities.<B> </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; margin-left:0%"><FONT FACE="ARIAL" SIZE="1"><B>Primary Investments:</B> Investment grade fixed-income government securities of
the United States and other countries, including mortgage-backed securities (which may not be backed by the full faith and credit of the relevant government). The Fund may invest up to 20% of its total assets in below-investment grade (high yield)
securities and up to 20% of its total assets in securities of emerging markets issuers. </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:0%"><FONT
FACE="ARIAL" SIZE="1"><B>Fund Inception Date:</B> 02/24/1994 </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:0%"><FONT FACE="ARIAL" SIZE="1"><B>Total
Net Assets:</B> $371.1 million as of January 31, 2008 </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:0%"><FONT FACE="ARIAL" SIZE="1"><B>Portfolio
Manager:</B> Dan Ivascyn </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:0%"><FONT FACE="ARIAL" SIZE="1"><B>Cumulative Returns Through January 31, 2008
</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">

<IMG SRC="g82810g53u40.jpg" ALT="LOGO"> </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"><B>Past performance is no guarantee of future results. The
line graph depicts the value of a net $10,000 investment made at the Fund&#146;s inception on February&nbsp;24, 1994 and held through January 31, 2008, compared to the Lehman Brothers Intermediate Aggregate Bond Index, an unmanaged market index
which includes treasury, investment-grade corporate and mortgage-backed securities. It is not possible to invest directly in the Index. Investment performance assumes the reinvestment of dividends and capital gains distributions, if any. The
Fund&#146;s NYSE share price performance does not reflect the effect of sales loads or broker commissions. The performance data quoted represents past performance. Investment return and share value will fluctuate so that Fund shares, when sold, may
be worth more or less than their original cost. Returns shown do not reflect the deduction of taxes that a shareholder would pay on (i)&nbsp;Fund distributions or (ii)&nbsp;the sale of Fund shares. </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"><I><FONT FACE="Times New Roman" SIZE="1"><FONT FACE="SYMBOL">&#224;</FONT></FONT><FONT FACE="ARIAL"
SIZE="1"><I></I></FONT> PIMCO assumed responsibility for portfolio management of the Fund on February&nbsp;8, 2002. </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 WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="15"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Average Annual Total Return for the period ended January 31, 2008</B></FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><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;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT FACE="ARIAL" SIZE="1">1 Year</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT FACE="ARIAL" SIZE="1">5 Years</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT FACE="ARIAL" SIZE="1">10&nbsp;Years</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT FACE="ARIAL" SIZE="1">Since&nbsp;Inception<BR>02/24/1994</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT FACE="ARIAL" SIZE="1">Since<BR>02/08/2002<SUP>(a)</SUP></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="middle" NOWRAP> <P STYLE="line-height:9px;margin-top:0px;margin-bottom:2px;border-bottom:2pt solid #334a73">&nbsp;</P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">RCS Based on NYSE Share Price</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1.02%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.41%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8.45%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">7.81%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7.75%</FONT></TD></TR>
<TR>
<TD VALIGN="middle" NOWRAP> <P STYLE="line-height:9px;margin-top:0px;margin-bottom:2px;border-bottom:2pt solid #70809d">&nbsp;</P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">RCS Based on Net Asset Value</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.47%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.65%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7.01%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">6.98%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6.48%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="middle" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="2">- - - </FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">Lehman Brothers Intermediate Aggregate Bond Index<SUP>(b)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">8.87%</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">4.56%</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">5.89%</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">6.22%<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1"><SUP>(c)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">5.19%</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><I>All Fund returns are net of fees and expenses. </I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT
SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP>(a)</SUP></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>PIMCO assumed responsibility for portfolio management of the Fund on February 8, 2002. </I></FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP>(b)</SUP></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>Lehman Brothers Intermediate Aggregate Bond Index represents securities that are taxable and dollar-denominated. The Index
covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that
are calculated and reported on a regular basis. It is not possible to invest directly in this Index. The Index does not reflect deductions for fees, expenses or taxes. </I></FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP>(c)</SUP></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>Index comparisons began on February 28, 1994. </I></FONT></P></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>Past performance is no guarantee of future results. Performance data current to the most recent
month-end is available at www.rcsfund.com or by calling 1-866-746-2606. </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">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="94%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 8
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"></TD></TR></TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="7%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">NYSE&nbsp;Symbol</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#334a73"><B>RCS</B></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"></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="62%"></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="17%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Allocation Breakdown % of Total Investments</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>01/31/08</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>01/31/07</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">U.S. Government Agencies and Sponsored Entities (&#147;GSEs&#148;)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">62.1%<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1"><SUP>(d)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">76.5%<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1"><SUP>(e)</SUP></FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Private Mortgage-Backed Securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">11.5%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">10.4%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Corporate Bonds&nbsp;&amp; Notes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">8.8%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">7.1%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">U.S. Treasury Obligations</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">8.2%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Sovereign Issues</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">5.4%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">4.3%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Short-Term Instruments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">1.8%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">0.8%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">Other</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">2.2%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">0.9%</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="0%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP>(d)</SUP></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>46.6% of Total Investments was invested in mortgage-backed securities of GSEs not backed by the full faith and credit of the
U.S. government. </I></FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="0%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP>(e)</SUP></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>54.5% of Total Investments was invested in mortgage-backed securities of GSEs not backed by the full faith and credit of the
U.S. government. </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:0%"><FONT FACE="ARIAL" SIZE="1"><B>Portfolio Insights
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<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"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">&raquo;</FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Duration positioning above that of the Fund&#146;s benchmark index for most of the period added to performance as the ten-year U.S. Treasury yield declined from 4.81% to
3.59%. </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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">&raquo;</FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">A curve steepening bias added to returns as the two-year U.S. Treasury yield declined more than the 30-year yield over the period. </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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">&raquo;</FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">The Fund&#146;s short position in U.S. Treasuries, which was considerably below that of the Fund&#146;s benchmark index, detracted from returns over the period as U.S.
Treasury yields declined during the&nbsp;period. </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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">&raquo;</FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">The Fund&#146;s exposure to mortgage-backed securities (&#147;MBS&#148;), which was significantly above that of the Fund&#146;s benchmark index, detracted from returns over
the period as MBS underperformed like-duration U.S. Treasuries. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></DIV><DIV
STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<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"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">&raquo;</FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">An overweight to emerging market (EM) bonds, relative to the Fund&#146;s benchmark index, detracted from performance as EM spreads widened over the period, underperforming
like-duration U.S. Treasuries. </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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">&raquo;</FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">An underweight to corporate bonds benefited performance as corporate bonds underperformed like-duration U.S. Treasuries over the period. </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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">&raquo;</FONT><FONT FACE="ARIAL" SIZE="1"></FONT></FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="ARIAL" SIZE="1">Out-of-benchmark index exposure to high-yield corporate debt detracted from returns as high-yield corporate debt underperformed both U.S. Treasuries and investment-grade
corporates over the period. </FONT></P></TD></TR></TABLE></DIV><br clear="All"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="70%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>9</B></FONT></TD></TR>
</TABLE></DIV>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_4"></A>Financial Highlights</B></FONT><FONT FACE="ARIAL" SIZE="1"></FONT><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B> </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" ALIGN="center">

<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></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></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></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Selected Per Share Data for<BR>the Year Ended:</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;&nbsp;&nbsp;&nbsp;<BR>Net&nbsp;Asset<BR>Value<BR>Beginning<BR>of Year</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net<BR>Investment<BR>Income<SUP> (a)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net&nbsp;Realized/<BR>Unrealized<BR>Gain&nbsp;(Loss)&nbsp;on<BR>Investments</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total&nbsp;Income<BR>from<BR>Investment<BR>Operations</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Dividends<BR>from Net<BR>Investment<BR>Income</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Asset<BR>Value&nbsp;End<BR>of Year</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:3.00em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">01/31/2008</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;10.12</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$<SUP></SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;0.60<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP>(e)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$<SUP></SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;(0.07<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(f)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;0.53</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$<SUP></SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;(0.81<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(e)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9.84</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:3.00em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">01/31/2007</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">10.39</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.65<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP>(h)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(0.09<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(f)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.56</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(0.83<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(h)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">10.12</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:3.00em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">01/31/2006</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11.01</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.75<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP>(i)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(0.48<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(f)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.27</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(0.89<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(i)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">10.39</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:3.00em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">01/31/2005</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11.41</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.82<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP>(j)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(0.23<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(f)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.59</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP>&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(0.99<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(j)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11.01</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:3.00em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">01/31/2004</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11.33</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.78</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.21</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0.99</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(0.91</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;11.41</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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(a)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Per share amounts based on average number of shares outstanding during the year. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(b)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Total investment return on market value is the combination of reinvested dividend income, reinvested capital gains distributions, if any, and changes in market price per share during the
year. Total investment returns exclude the effects of broker commissions. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(c)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Total investment return on net asset value is the combination of reinvested dividend income on ex-date on a net asset value basis, reinvested capital gains distributions on a net asset
value basis, if any, and changes in net asset value per share during the year. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(d)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Past performance is no guarantee of future results. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(e)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Net investment income for tax purposes was $0.86 per share. Net investment income for financial reporting purposes was $0.26 per share lower due to the inclusion of losses incurred on
paydowns on mortgage-backed securities and the exclusion of income from swap contracts. In most cases paydown losses are treated as a reduction of net income for financial reporting purposes, but treated as capital losses for tax purposes. Income
from swap contracts is recorded as a component of net realized capital for financial reporting purposes, but recorded as income for tax purposes. See the discussion of Dividends and Distributions to Shareholders in the Notes to the Financial
Statements on page 24 for more information about the difference between amounts determined for financial reporting and tax purposes. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(f)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Net realized and unrealized losses as determined on a tax basis are deferred and do not reduce taxable net investment&nbsp;income. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(g)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>The difference between the ratio of expenses to average net assets and the ratio of expenses to average net assets excluding interest expense was primarily comprised of interest on reverse
repurchase agreements. See the discussion on Reverse Repurchase Agreements on page 26 and the discussion on Leverage on page 24 of the Notes to the Financial Statements for more information. </I></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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="20%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 10
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <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></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="9%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>NYSE&nbsp;Share<BR>Price End<BR>of Year</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total&nbsp;Return<BR>Per Share<BR>NYSE Share<BR>Price<SUP> (b)(d)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total&nbsp;Return<BR>Per Share<BR>Net Asset<BR>Value<SUP> (c)(d)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net&nbsp;Assets<BR>End&nbsp;of&nbsp;Year<BR>(000s)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Ratio of<BR>Expenses<BR>to&nbsp;Average<BR>Net&nbsp;Assets</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Ratio of<BR>Expenses&nbsp;to<BR>Average&nbsp;Net<BR>Assets&nbsp;Excluding<BR>Interest Expense</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Ratio&nbsp;of&nbsp;Net<BR>Investment<BR>Income to<BR>Average<BR>Net Assets</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Portfolio<BR>Turnover<BR>Rate</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;10.39</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.02</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">5.47</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;371,168</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">5.48<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">%<SUP>(g)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.07<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">%<SUP>(g)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">5.98</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">%</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">154</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">%</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11.14</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">4.21</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">5.75</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">378,385</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">3.03<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP>(g)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.06<SUP></SUP></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1"><SUP>(g)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">6.42</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">123</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11.58</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">(2.95</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">2.57</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">382,618</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.52</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.06</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">6.99</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">361</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12.88</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">13.36</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">5.47</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">399,268</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.06</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.05</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">7.38</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">224</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12.41</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">12.38</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">9.07</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">407,099</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.05</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1.04</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">6.84</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">446</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(h)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Net investment income for tax purposes was $0.81 per share. Net investment income for financial reporting purposes was $0.16 per share lower due to the inclusion of losses incurred
primarily on paydowns on mortgage-backed securities and swaps. In most cases paydown losses are treated as a reduction of net income for financial reporting purposes, but treated as capital losses for tax purposes. Swaps are included as a component
of net investment income for tax purposes, but treated as a component of capital for financial reporting purposes. See the discussion of Dividends and Distributions to Shareholders in the Notes to the Financial Statements on page 24 for more
information about the difference between amounts determined for financial reporting and tax purposes. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(i)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Net investment income for tax purposes was $0.87 per share. Net investment income for financial reporting purposes was $0.12 per share lower due to the inclusion of losses incurred
primarily on paydowns on mortgage-backed securities. In most cases paydown losses are treated as a reduction of net income for financial reporting purposes, but treated as capital losses for tax purposes. See the discussion of Dividends and
Distributions to Shareholders in the Notes to the Financial Statements on page 24 for more information about the difference between amounts determined for financial reporting and tax purposes. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(j)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Net investment income for tax purposes was $0.98 per share. Net investment income for financial reporting purposes was $0.16 per share lower due to the inclusion of losses incurred
primarily on paydowns on mortgage-backed securities. In most cases paydown losses are treated as a reduction of net income for financial reporting purposes, but treated as capital losses for tax purposes. See the discussion of Dividends and
Distributions to Shareholders in the Notes to the Financial Statements on page 24 for more information about the difference between amounts determined for financial reporting and tax purposes. </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="left"></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">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 11
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="83%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="15%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_5"></A>Statement of Assets and Liabilities</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</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" ALIGN="center">

<TR>
<TD WIDTH="83%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Amounts in thousands, except share and per share amounts)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Assets:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Investments, at value</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;1,006,915</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Repurchase agreements, at value</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,528</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Deposits with brokers for futures contracts</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,060</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Foreign currency, at value</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">312</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Receivable for investments sold</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">102</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Interest and dividends receivable</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,202</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Paydown receivable</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Variation margin receivable</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">80</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Swap premiums paid</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,754</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Unrealized appreciation on foreign currency contracts</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">214</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Unrealized appreciation on swap agreements</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">94,287</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Other assets</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,118,460</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Liabilities:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Payable for the reverse repurchase agreements</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">264,318</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Payable for investments purchased</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">291,620</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Payable for investments purchased on a delayed-delivery basis</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">82,726</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Dividends payable</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,452</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Accrued investment manager fee</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">250</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Accrued administrative fee</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">15</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Accrued custodian expense</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">36</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Accrued audit fee</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Accrued printing expense</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Variation margin payable</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,072</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Swap premiums received</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">44,127</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Unrealized depreciation on foreign currency contracts</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">17</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Unrealized depreciation on swap agreements</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">60,148</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Other liabilities</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">485</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">747,292</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Assets</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">371,168</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Assets Consist of:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" NOWRAP STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Capital stock - authorized 500&nbsp;million shares, $.00001 par value; outstanding 37,725,534
shares</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Paid in capital</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">438,151</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">(Overdistributed) net investment income</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(3,212</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Accumulated undistributed net realized (loss)</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(113,500</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Net unrealized appreciation</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">49,728</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">371,168</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Asset Value Per Share Outstanding</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9.84</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cost of Investments Owned</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">986,014</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cost of Repurchase Agreements Owned</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,528</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cost of Foreign Currency Held</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">299</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="20%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 12
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_6"></A>Statement of Operations</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">Year Ended<BR>January&nbsp;31,&nbsp;2008</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" ALIGN="center">

<TR>
<TD WIDTH="84%"></TD>
<TD VALIGN="bottom" WIDTH="11%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Amounts in thousands)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Investment Income:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Interest, net of foreign taxes*</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">43,020</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Miscellaneous income</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:3.00em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Total Income</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">43,021</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expenses:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Investment manager fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,076</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Administrative fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">187</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Transfer agent fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">33</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Directors&#146; fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">239</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Printing expense</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">44</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Legal fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">76</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Audit fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">46</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Custodian fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">207</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Interest expense</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">16,545</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Miscellaneous expense</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">113</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:3.00em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Total Expenses</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">20,566</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Investment Income</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">22,455</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Realized and Unrealized Gain (Loss):</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net realized gain on investments</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">566</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net realized (loss) on futures contracts, written options and swaps</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;(29,081)</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net realized (loss) on foreign currency transactions</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(917</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net change in unrealized appreciation on investments</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">21,742</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net change in unrealized appreciation on futures contracts, written options and swaps</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,559</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net change in unrealized appreciation on translation of assets and liabilities denominated in
foreign&nbsp;currencies</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">373</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net (Loss)</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(2,758</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Increase in Net Assets Resulting from Operations</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19,697</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">*Foreign tax withholdings</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</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="20%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 13
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_7"></A>Statements of Changes in Net Assets </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" ALIGN="center">

<TR>
<TD WIDTH="62%"></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Amounts in thousands, except share amounts)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" 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 COLSPAN="2" 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" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Year Ended<BR>January&nbsp;31,&nbsp;2008</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Year Ended<BR>January&nbsp;31,&nbsp;2007</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(Decrease) in Net Assets from:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Operations:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Net investment income</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">22,455</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">24,230</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Net realized (loss)</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(29,432</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(22,453</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Net change in unrealized appreciation</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">26,674</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19,386</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Net increase resulting from operations</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19,697</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">21,163</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Distributions to Shareholders:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">From net investment income</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(30,445</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(30,980</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Fund Share Transactions:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Issued as reinvestment of distributions (346,369 and 536,700 shares,&nbsp;respectively)</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,531</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,584</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total (Decrease) in Net Assets</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(7,217</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(4,233</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Assets:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">Beginning of year</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">378,385</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">382,618</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">End of year*</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;371,168</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;378,385</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.50em; text-indent:-1.50em"><FONT FACE="ARIAL" SIZE="1">*Including (overdistributed) net investment income of:</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$<SUP></SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(3,212<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(a)</SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$<SUP></SUP></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(2,946<SUP></SUP></FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)<SUP>(b)</SUP></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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(a)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Amount reflects annual Fund distributions made in excess of the Fund&#146;s accumulated net investment income based on financial accounting principles. For income tax purposes, the Fund
underdistributed accumulated taxable income by $2,902 (see discussion of Federal Tax Matters in the Notes to the Financial Statements on page 32). Dividend distributions are based on net taxable income. Fund distributions may vary significantly from
the Fund&#146;s net investment income due to differences in financial accounting and income tax accounting principles. See the discussion of Dividends and Distributions to Shareholders in the Notes to the Financial Statements on page 24 for more
information about the difference between amounts determined for financial accounting purposes and income tax purposes. </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="left"><FONT FACE="ARIAL" SIZE="1"><I></I>(b)<I></I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Amount reflects annual Fund distributions made in excess of the Fund&#146;s accumulated net investment income based on financial accounting principles. For income tax purposes, the Fund
underdistributed accumulated taxable income by $1,110. Dividend distributions are based on net taxable income. Fund distributions may vary significantly from the Fund&#146;s net investment income due to differences in financial accounting and income
tax accounting principles. See the&nbsp;discussion of Dividends and Distributions to Shareholders in the Notes to the Financial Statements on page 24 for&nbsp;more information about the difference between amounts determined for financial accounting
purposes and income tax&nbsp;purposes. </I></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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="20%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 14
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_8"></A>Statement of Cash Flows</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">Year Ended<BR>January&nbsp;31,&nbsp;2008</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" ALIGN="center">

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="13%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Amounts in thousands)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Decrease in Cash from:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cash flows provided by operating activities:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net increase in net assets resulting from operations</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19,697</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Adjustments to reconcile net decrease in net assets from operations to net cash used for operating activities:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Purchases of long-term securities</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;(6,222,827</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Proceeds from sales of long-term securities</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,503,487</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Sale of short-term portfolio investments, net</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(10,743</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Decrease in interest receivable</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">114</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Decrease in receivable for investments sold</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">155,256</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Deposits with brokers for futures contracts</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(2,060</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Decrease in paydown receivable</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Increase in other asset</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Decrease in payable for investments purchased</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(289,003</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Increase in swap premiums paid</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,898</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Proceeds from futures contracts transactions</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(15,397</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Proceeds from currency transactions</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(882</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Increase in payable to manager</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Decrease in printing expense</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(4</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Decrease in custodian expense</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(5</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Decrease in audit fees</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(8</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Increase in other liabilities</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">108</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Proceeds from short sale transactions</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(127,969</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Unrealized appreciation on investments</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(26,674</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net realized loss on investments</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">29,432</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net amortization on investments</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">888</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net cash received from operating activities</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">18,311</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cash flows received from financing activities:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net borrowing from reverse repurchase agreements</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7,737</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Cash dividend paid*</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(26,891</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Net cash used for financing activities</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(19,154</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Decrease in Cash</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(843</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cash and Foreign Currency:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Beginning of year</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,155</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #99a4b9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">End of year</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">312</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">&nbsp;</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="1%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>*</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Includes reinvestment of dividends of $3,531 </I></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="20%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 15
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_9"></A>Schedule of Investments&nbsp;&nbsp; </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV
STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD></TR>
<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE</SMALL><BR>(000<SMALL>S</SMALL>)</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>BANK LOAN OBLIGATIONS 0.7%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Daimler Finance North America LLC</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.990% due 08/03/2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,693</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,424</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Bank Loan Obligations<BR>(Cost $2,562)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>2,424</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>CORPORATE BONDS&nbsp;&amp; NOTES 23.8%</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>BANKING&nbsp;&amp; FINANCE 9.0%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>ATF Bank</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.875% due 11/09/2009</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,528</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Bear Stearns Cos., Inc.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.400% due 10/02/2017</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,905</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.950% due 08/10/2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,113</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>C10 Capital SPV Ltd.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.722% due 12/18/2049</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,800</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,356</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Desarrolladora Homex SAB de C.V.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 09/28/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,955</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>GMAC LLC</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.000% due 12/15/2011</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,535</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.119% due 05/15/2009</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,335</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>GPB Eurobond Finance PLC for Gazprombank</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 09/23/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,855</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>SLM Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">3.625% due 03/17/2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">995</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Teco Finance, Inc.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.750% due 05/01/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,251</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>UBS AG</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.875% due 12/20/2017</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,800</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,896</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>VTB Capital S.A.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.494% due 08/01/2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,991</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Wells Fargo Capital X</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.950% due 12/15/2036</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,841</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;&nbsp;33,556</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>INDUSTRIALS 12.9%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>ABN AMRO Bank for OAO Gazprom</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.625% due 03/01/2013</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,318</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Archer-Daniels-Midland Co.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.450% due 01/15/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,043</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Bon-Ton Stores, Inc.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">10.250% due 03/15/2014</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,380</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Cablemas S.A. de C.V.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.375% due 11/15/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,130</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>CSN Islands IX Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">10.500% due 01/15/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,700</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,292</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Dynegy Holdings, Inc.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.125% due 05/15/2018</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">890</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.375% due 05/01/2016</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,955</FONT></TD></TR>
</TABLE></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD></TR>


<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE</SMALL><BR>(000<SMALL>S</SMALL>)</FONT></TD></TR>

<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>EchoStar DBS Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.125% due 02/01/2016</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,506</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Gaz Capital for Gazprom</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.625% due 04/28/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,686</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Georgia-Pacific Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 01/15/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">482</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.700% due 06/15/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,455</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.750% due 11/15/2029</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,328</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>HCA, Inc.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.000% due 12/15/2014</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,442</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.250% due 11/15/2016</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">700</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">737</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Herbst Gaming, Inc.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.125% due 06/01/2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">840</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Pemex Project Funding Master Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.125% due 10/13/2010</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">80</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">90</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Petroliam Nasional Bhd.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.625% due 10/15/2026</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,300</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,871</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>RH Donnelley Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.875% due 01/15/2016</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,019</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>SemGroup LP</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.750% due 11/15/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,410</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Service Corp. International</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.625% due 10/01/2018</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,538</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Sino-Forest Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.125% due 08/17/2011</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,055</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Southern Copper Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 07/27/2035</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,021</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>SUPERVALU, Inc.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 11/15/2014</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,528</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>United Airlines, Inc.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.636% due 07/02/2022</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,918</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,758</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Vale Overseas Ltd.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.250% due 01/23/2017</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">900</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">891</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.875% due 11/21/2036</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,100</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,025</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Verso Paper Holdings LLC and Verson Paper, Inc.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.125% due 08/01/2014</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,462</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Vitro SAB de C.V.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.625% due 02/01/2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,865</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>48,017</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>UTILITIES 1.9%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Cia Energetica de Sao Paulo</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">10.000% due 03/02/2011</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,170</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Enersis S.A.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.375% due 01/15/2014</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,132</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Nevada Power Co.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 05/15/2018</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,638</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>6,940</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Corporate Bonds&nbsp;&amp; Notes<BR>(Cost $90,870)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;&nbsp;88,513</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
</TABLE></DIV><br clear="All"> <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="1%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="73%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="20%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 16
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV
STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>


<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE</SMALL><BR>(000<SMALL>S</SMALL>)</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>MUNICIPAL BONDS&nbsp;&amp; NOTES 0.5%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>West Virginia State Tobacco Settlement Financing Corporations Revenue Bonds,&nbsp;Series&nbsp;2007</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.467% due 06/01/2047</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,973</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Municipal Bonds&nbsp;&amp; Notes<BR>(Cost $1,880)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1,973</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>U.S. GOVERNMENT AGENCIES AND SPONSORED ENTITIES 169.0%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Fannie Mae</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">4.250% due 11/25/2024 - 03/25/2033</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">413</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">371</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.000% due 05/25/2016 - 12/01/2018</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">226</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">230</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.500% due 08/25/2014 - 06/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">16,555</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">16,753</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.750% due 06/25/2033</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">100</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">101</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.807% due 08/25/2043</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,634</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.000% due 02/25/2017 - 01/25/2044</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">150,357</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;154,514</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 05/01/2013 - 06/25/2044</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">26,601</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">28,091</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 09/25/2031 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,385</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,532</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.747% due 12/01/2025</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">143</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">146</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.850% due 12/18/2027</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">97</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">104</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.989% due 03/01/2032</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">175</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">180</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 06/01/2009 - 01/01/2047</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">16,682</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">17,778</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 07/01/2021 - 2/01/2046 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">20,809</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">21,962</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.025% due 10/01/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.065% due 03/01/2032</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">300</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">315</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.082% due 12/01/2028</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">104</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">106</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.112% due 09/01/2028 - 04/01/2030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">71</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">72</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.172% due 11/01/2027</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">90</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">93</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.290% due 02/01/2032</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">18</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.390% due 02/01/2027</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">73</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">75</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.413% due 02/01/2028</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">33</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">34</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 06/01/2017 - 06/25/2044</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">13,305</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">14,464</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 07/01/2032 - 07/25/2041 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,808</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,022</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.700% due 03/25/2023</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">157</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">173</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.750% due 03/01/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">90</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">95</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.815% due 12/01/2030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">247</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">258</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.000% due 04/01/2019 - 06/01/2032</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,234</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,687</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.000% due 08/01/2032 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,021</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,388</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 04/01/2016 - 06/25/2030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">301</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">350</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 06/18/2027 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,038</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,284</FONT></TD></TR>
</TABLE></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="56%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>


<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE</SMALL><BR>(000<SMALL>S</SMALL>)</FONT></TD></TR>

<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.750% due 11/01/2011 - 05/01/2017</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.000% due 12/01/2019 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11,518</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12,694</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.417% due 05/15/2021 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,526</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,704</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">10.067% due 07/15/2027</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">539</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">638</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">10.300% due 04/25/2019</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">72</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">76</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Federal Housing Administration</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.430% due 06/01/2024</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">189</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">194</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Freddie Mac</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.000% due 10/15/2016 - 02/15/2024</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">520</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">531</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.500% due 12/01/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">302</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">306</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.000% due 10/15/2012 - 03/15/2035</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,251</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,303</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.000% due 12/15/2016 - 03/01/2033 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11,769</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12,231</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.462% due 12/01/2026</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">20</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 11/01/2016 - 07/01/2037 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">45,597</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">47,829</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 04/15/2018 - 03/25/2044</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">13,865</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">14,670</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.892% due 04/01/2033</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">16</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">17</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.900% due 09/15/2023 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,433</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,570</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.950% due 07/15/2021</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,148</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,145</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 01/01/2009 - 10/25/2043</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">15,937</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">16,754</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 09/01/2011 - 01/01/2037 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">65,124</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">68,236</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.221% due 09/01/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">144</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">146</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 01/01/2016 - 02/25/2042</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,018</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,410</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 05/15/2024 - 03/01/2037 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,451</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,753</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.000% due 02/15/2022 - 04/15/2030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,565</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,669</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 04/15/2022 - 10/01/2030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,247</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,326</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Ginnie Mae</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.500% due 06/20/2035</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">451</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">470</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.000% due 01/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">125,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;129,082</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 06/20/2032</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">112</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">119</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 02/15/2024 - 06/15/2026</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">311</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">333</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 03/20/2031 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,308</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,718</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.250% due 07/16/2028</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">283</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">290</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 01/15/2017 - 03/15/2029</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,123</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,369</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.000% due 06/15/2016 - 03/20/2030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">733</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">814</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 10/15/2016 - 02/15/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">42</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">46</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.000% due 06/15/2016 - 01/15/2020</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,410</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,546</FONT></TD></TR>
</TABLE></DIV><br clear="All"> <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="20%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 17
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Schedule of Investments&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#ccd1dc"><B> </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD></TR>


<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE</SMALL><BR>(000<SMALL>S</SMALL>)</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Small Business Administration</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">4.754% due 08/10/2014</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,379</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,391</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.038% due 03/10/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">932</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">943</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.300% due 07/01/2013 - 06/01/2018</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">963</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,001</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.400% due 08/01/2013</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">240</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">246</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.200% due 06/01/2017</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">87</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">91</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.449% due 08/10/2010</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">72</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">74</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.540% due 08/10/2009</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">264</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">274</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.700% due 07/01/2016</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">60</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">64</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Vendee Mortgage Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 03/15/2029</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">632</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">680</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.750% due 02/15/2026 - 06/15/2026</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">409</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">445</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 09/15/2030 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7,270</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8,031</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total U.S. Government Agencies and Sponsored Entities<BR>(Cost $614,903)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;&nbsp;627,097</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>U.S. TREASURY OBLIGATIONS 22.2%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>U.S. Treasury Bonds</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">4.750% due 08/15/2017</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">75,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">82,342</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total U.S. Treasury Obligations<BR>(Cost $82,667)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>82,342</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PRIVATE MORTGAGE-BACKED SECURITIES&nbsp;31.2%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Citigroup Mortgage Loan Trust, Inc.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 09/25/2033</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">98</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">101</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Countrywide Alternative Loan Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 07/25/2035 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,453</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,219</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Countrywide Home Loan Mortgage Pass-Through&nbsp;Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.000% due 11/25/2026 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,932</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,932</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.845% due 08/25/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,031</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,066</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 11/25/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,879</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,423</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>CS First Boston Mortgage Securities Corp.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 02/25/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,014</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,106</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>DLJ Commercial Mortgage Corp.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.340% due 10/10/2032</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,448</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,499</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>GMAC Mortgage Corp. Loan Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.210% due 08/19/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,137</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,129</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>GSAA Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.000% due 04/01/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,207</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,312</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>GSMPS Mortgage Loan Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 06/25/2043 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,501</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,717</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 06/19/2027</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">164</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">174</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.000% due 09/19/2027 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,433</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,694</FONT></TD></TR>
</TABLE></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD></TR>


<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE</SMALL><BR>(000<SMALL>S</SMALL>)</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>GSR Mortgage Loan Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.251% due 11/25/2035</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11,486</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11,340</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.500% due 11/25/2035 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,382</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 01/25/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,464</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,607</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>MASTR Alternative Loans Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 03/25/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,857</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,910</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 04/25/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">241</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">246</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>MASTR Reperforming Loan Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 05/25/2035 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,465</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,563</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 07/25/2035 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,434</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7,018</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Nomura Asset Acceptance Corp.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 10/25/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,749</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,053</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 03/25/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,050</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,617</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 10/25/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">11,248</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12,367</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Residential Asset Mortgage Products, Inc.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 11/25/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">249</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">258</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 08/25/2016 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,212</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,329</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 11/25/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,273</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,546</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 10/25/2031 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,669</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,777</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Structured Adjustable Rate Mortgage Loan Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">4.260% due 03/25/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">912</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">906</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Structured Asset Securities Corp.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 10/25/2036 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8,065</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9,061</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Washington Mutual MSC Mortgage Pass-<BR>Through Certificates</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.500% due 08/25/2034 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,283</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,388</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.000% due 03/25/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">800</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">824</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 04/25/2033 (b)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,346</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,583</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Wells Fargo Mortgage-Backed Securities Trust</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">4.108% due 06/25/2035</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,800</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,814</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Private Mortgage-Backed Securities<BR>(Cost $114,260)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;&nbsp;115,961</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>ASSET-BACKED SECURITIES 0.3%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>ACE Securities Corp.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.626% due 04/25/2035</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">600</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">344</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Ameriquest Mortgage Securities, Inc.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">6.901% due 11/25/2032</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,983</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">399</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.615% due 02/25/2033</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">485</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Residential Asset Mortgage Products, Inc.</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 12/25/2031</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">47</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">49</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Asset-Backed Securities<BR>(Cost $1,880)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1,277</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>SOVEREIGN ISSUES 14.8%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Banque Centrale de Tunisie</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.375% due 04/25/2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,183</FONT></TD></TR>
</TABLE></DIV><br clear="All"> <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="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="20%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 18
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV
STYLE="position:relative;float:left; margin-right:1%; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD></TR>


<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE</SMALL><BR>(000<SMALL>S</SMALL>)</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Brazilian Government International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.125% due 01/20/2037</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">7,580</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8,281</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.250% due 01/20/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9,788</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.750% due 02/04/2025</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,670</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">10.125% due 05/15/2027</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,538</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,180</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Dominican Republic International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.040% due 01/23/2018</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5,465</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,134</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Jamaica Government International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.500% due 02/28/2036</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,045</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">10.625% due 06/20/2017</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,820</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Panama Government International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.375% due 07/23/2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,325</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,910</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Russia Government International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.500% due 03/31/2030</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">928</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,072</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">11.000% due 07/24/2018</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,457</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">12.750% due 06/24/2028</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">300</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">552</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Ukraine Government International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">7.650% due 06/11/2013</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,200</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,671</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Venezuela Government International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">9.375% due 01/13/2034</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,015</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Sovereign Issues<BR>(Cost $49,520)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;&nbsp;54,778</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>FOREIGN CURRENCY-DENOMINATED ISSUES&nbsp;2.9%</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Gaz Capital for Gazprom</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">5.875% due 06/01/2015</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>EUR</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1,388</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Mexico Government International Bond</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">8.000% due 07/23/2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>DEM</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12,100</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9,307</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Foreign Currency-Denominated Issues (Cost $8,919)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>10,695</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
</TABLE></DIV><DIV STYLE="position:relative;float:right; width:48%;padding-right:9px;padding-bottom:4px;overflow:hidden">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD></TR>


<TR>
<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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>PRINCIPAL</SMALL><BR><SMALL>AMOUNT</SMALL><BR>(000<SMALL>S</SMALL>)</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" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><SMALL>VALUE<BR></SMALL>(000<SMALL>S</SMALL>)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>

<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>SHORT-TERM INSTRUMENTS 4.9%</B></FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>COMMERCIAL PAPER 3.2%</B></FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>Rabobank USA Financial Corp.</B></FONT></P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">3.010% due 02/01/2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,400</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">2,400</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>UBS Finance Delaware LLC</B></FONT></P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">3.020% due 02/01/2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9,300</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">9,300</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">11,700</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>REPURCHASE AGREEMENTS 0.7%</B></FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>State Street Bank and Trust Co.</B></FONT></P></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1"><B>&nbsp;</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">2.650% due 02/01/2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,528</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">2,528</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">(Dated 01/31/2008. Collateralized by Fannie Mae 6.000% due 05/15/2011 valued at $2,582. Repurchase proceeds are $2,528.)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>U.S. TREASURY BILLS 1.0%</B></FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">2.708% due 02/28/2008 - 03/13/2008 (a)(c)(e)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,680</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">3,669</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Short-Term Instruments<BR>(Cost $17,897)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>17,897</B></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="9"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PURCHASED OPTIONS (g)&nbsp;1.7%</B></FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(Cost $3,184)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>6,486</B></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD COLSPAN="9" VALIGN="bottom" STYLE="border-top:3px solid #ffffff">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Total Investments 272.0%<BR>(Cost $988,542)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;&nbsp;1,009,443</B></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" COLSPAN="5"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Other Assets and Liabilities (Net)&nbsp;(172.0%)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(638,275</B></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>)</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="5"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Assets (d) 100.0%</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1"><B>$</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>371,168</B></FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE></DIV><br clear="All"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:0%"><FONT FACE="ARIAL" SIZE="1"><B>Notes to Schedule of Investments (amounts in thousands*, except number of
contracts): </B></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="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>*</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>A zero balance may reflect actual amounts rounding to less than one thousand. </B></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(a)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Coupon represents a weighted average rate. </B></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(b)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>On January 31, 2008, securities valued at $278,567 were pledged as collateral for reverse repurchase agreements. </B></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(c)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Securities with an aggregate market value of $3,240 have been pledged as collateral for swap and swaption contracts on January&nbsp;31, 2008. </B></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(d)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>As of January&nbsp;31, 2008, portfolio securities with an aggregate value of $194 were valued in good faith and pursuant to the guidelines established by the Board of Directors.
</B></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="20%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 19
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Schedule of Investments&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#ccd1dc"><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="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(e)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Securities with an aggregate market value of $429 and cash of $2,060 have been segregated with the custodian to cover margin requirements for the following open futures contracts on
January&nbsp;31, 2008: </B></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">

<TR>
<TD WIDTH="57%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Description</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Type</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expiration<BR>Month</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B># of<BR>Contracts</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Unrealized<BR>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">U.S. Treasury 5-Year Note March Futures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Short</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">03/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">801</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(3,023</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">U.S. Treasury 10-Year Note March Futures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Short</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">03/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">588</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(2,291</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">U.S. Treasury 30-Year Bond March Futures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Short</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">03/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">244</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(147</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;(5,461</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</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="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(f)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Swap agreements outstanding on January&nbsp;31, 2008: </B></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" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="41%"></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></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="15"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Credit Default Swaps on Securities</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Counterparty</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Reference Entity</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Sell<BR>Protection<SUP>&nbsp;(1)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Receive<BR>Fixed<BR>Rate</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expiration<BR>Date</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Notional<BR>Amount</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Unrealized<BR>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">JPM</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="ARIAL" SIZE="1">Lennar&nbsp;Corp. 5.950%&nbsp;due&nbsp;03/01/2013</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Sell</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.400%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12/20/2012</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;2,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;(18</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I></I><SUP>(1)</SUP></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement,
the Fund will pay to the buyer of the protection an amount up to the notional value of the swap and in certain instances, take delivery of the security. </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></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="15"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Interest Rate Swaps</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Counterparty</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Floating&nbsp;Rate&nbsp;Index</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Pay/<BR>Receive<BR>Floating<BR>Rate</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Fixed<BR>Rate</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expiration<BR>Date</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Notional<BR>Amount</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Unrealized<BR>Appreciation/<BR>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">DUB</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">6-Month GBP-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4.000%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12/15/2035</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">GBP</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4,200</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">232</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">HSBC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">6-Month GBP-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.000%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">09/15/2010</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9,300</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(206</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">DUB</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">6-Month JPY-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2.500%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12/15/2035</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">JPY</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;550,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">189</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">GSC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">6-Month JPY-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2.500%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12/15/2035</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">555,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">286</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">BCLY</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.000%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12/20/2026</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">26,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(3,020</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">BOA</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4.570%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">01/27/2015</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">517</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">DUB</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4.000%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">06/18/2010</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">8,700</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(151</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">MLP</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.700%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">06/19/2025</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">509,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(29,321</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">MLP</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.650%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">06/21/2026</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">350,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">41,426</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">MLP</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.800%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">06/21/2026</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">104,100</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">14,301</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">MSC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.700%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">06/19/2025</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">245,900</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;(14,165</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">MSC</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.800%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">06/21/2026</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">245,900</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">33,781</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">RBS<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4.428%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">08/21/2017</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(7,195</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">RBS<SUP>(2)</SUP></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6.040%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">08/21/2017</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,555</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">UBS</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5.000%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">12/20/2026</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">47,400</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(6,072</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">34,157</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I></I><SUP>(2)</SUP></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>The counterparty has the right, but not the obligation, to terminate the swap in whole at zero cost by a predetermined date and
time prior to the expiration date. </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="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(g)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Purchased options outstanding on January&nbsp;31, 2008: </B></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="54%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Options on Exchange-Traded Futures Contracts</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" 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 COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Description</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Exercise<BR>Price</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expiration<BR>Date</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B># of<BR>Contracts</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cost</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Value</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Call - CBOT U.S. Treasury 5-Year Note March Futures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;127.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/22/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">762</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;14</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;12</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Call - CBOT U.S. Treasury 10-Year Note March Futures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">140.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/22/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">26</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Call - CBOT U.S. Treasury 10-Year Note March Futures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">144.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/22/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">218</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">19</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">16</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</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="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="20%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 20
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</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" ALIGN="center">

<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="25%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="20"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Interest Rate Swaptions</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Description</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Counterparty</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Floating Rate Index</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Pay/<BR>Receive<BR>Floating<BR>Rate</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Exercise<BR>Rate</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expiration<BR>Date</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Notional<BR>Amount</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cost</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Value</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Call - OTC 10-Year Interest Rate Swap</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">RBS</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="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Pay</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4.428%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">08/19/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">977</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,302</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Put - OTC 9-Year Interest&nbsp;Rate Swap</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">RBS</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="ARIAL" SIZE="1">3-Month USD-LIBOR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">Receive</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6.040%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">08/19/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">200,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2,160</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">164</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;3,137</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;6,466</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</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="51%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Options on Securities</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" 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 COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Description</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Strike<BR>Price</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expiration<BR>Date</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Notional<BR>Amount</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Cost</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Value</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Put - OTC Fannie Mae 5.500% due 03/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;86.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">03/05/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;13,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Put - OTC Fannie Mae 6.000% due 02/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">90.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/05/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">36,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Put - OTC Fannie Mae 6.000% due 02/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">92.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/05/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">50,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Put - OTC Fannie Mae 6.000% due 04/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">91.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">04/07/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">14,900</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Put - OTC Ginnie Mae 6.000% due 02/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">91.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/13/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">47,100</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">5</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Put - OTC Ginnie Mae 6.000% due 03/01/2038</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">90.000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">03/13/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">75,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">9</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">2</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;28</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;4</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</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="3%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><B>(h)</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><B>Foreign currency contracts outstanding on January&nbsp;31, 2008: </B></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="14%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Type</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Currency</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Principal&nbsp;Amount<BR>Covered&nbsp;by&nbsp;Contract</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Settlement<BR>Month</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Unrealized<BR>Appreciation</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Unrealized<BR>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net&nbsp;Unrealized<BR>Appreciation/<BR>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Sell</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">EUR</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">6,562</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">31</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">31</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" 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">Sell</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">GBP</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">3,753</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">03/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="1">Buy</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">JPY</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">457,381</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">02/2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">183</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">0</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">183</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;214</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;(17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;197</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #334a73">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="70%" BORDER="0">

<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="10%"></TD>
<TD WIDTH="80%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" NOWRAP> <P STYLE="border-bottom:1px solid #334a73;width:28pt"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Glossary:</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>BCLY</B></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="ARIAL" SIZE="1">Barclays Bank PLC</FONT></P></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>BOA</B></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="ARIAL" SIZE="1">Bank of America</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>DUB</B></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="ARIAL" SIZE="1">Deutsche Bank AG</FONT></P></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>GSC</B></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="ARIAL" SIZE="1">Goldman Sachs &amp; Co.</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>HSBC</B></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="ARIAL" SIZE="1">HSBC Bank USA</FONT></P></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>JPM</B></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="ARIAL" SIZE="1">JPMorgan Chase &amp; Co.</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>MLP</B></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="ARIAL" SIZE="1">Merrill Lynch &amp; Co., Inc.</FONT></P></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>MSC</B></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="ARIAL" SIZE="1">Morgan Stanley</FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>RBS</B></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="ARIAL" SIZE="1">Royal Bank of Scotland Group PLC</FONT></P></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>UBS</B></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="ARIAL" SIZE="1">UBS Warburg LLC</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="20%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="61%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>See&nbsp;Accompanying&nbsp;Notes</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 21
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_10"></A>Notes to Financial Statements </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="ARIAL" SIZE="1"
COLOR="#334a73"><B>1.&nbsp;&nbsp;GENERAL INFORMATION </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">The Fund commenced operations
on February&nbsp;24, 1994. The Fund is registered under the Investment Company Act of 1940, as amended (the &#147;Act&#148;), as a closed-end, non-diversified, management investment company organized as a Maryland corporation. The stock exchange
symbol of the Fund is RCS. Shares are traded on the New York Stock Exchange (&#147;NYSE&#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="ARIAL"
SIZE="1" COLOR="#334a73"><B>2.&nbsp;&nbsp;SIGNIFICANT ACCOUNTING POLICIES </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">The
following is a summary of significant accounting policies consistently followed by the Fund in the preparation of its financial statements in conformity with accounting principles generally accepted in the United States of America (&#147;U.S.
GAAP&#148;). The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures on the financial statements. Actual results could differ from
those estimates. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(a) Determination
of Net Asset Value</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Net Asset Value (&#147;NAV&#148;) of the Fund&#146;s shares is valued as of the close of regular trading (normally 4:00 p.m., Eastern time) (the &#147;NYSE
Close&#148;) on each day that the NYSE is open. Information that becomes known to the Fund or its agents after the NAV has been calculated on a particular day will not generally be used to retroactively adjust the price of a security or the NAV
determined earlier that day. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(b)
Security Valuation</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;For purposes of calculating the NAV, portfolio securities and other assets for which market quotes are readily available are valued at market value. Market value is
generally determined on the basis of last reported sales prices, or if no sales are reported, based on quotes obtained from a quotation reporting system, established market makers, or pricing services. </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="1">Domestic and foreign fixed income securities and non-exchange traded derivatives are normally valued on
the basis of quotes obtained from brokers and dealers or pricing services using data reflecting the earlier closing of the principal markets for those securities. Prices obtained from independent pricing services use information provided by market
makers or estimates of market values obtained from yield data relating to investments or securities with similar characteristics. Certain fixed income securities purchased on a delayed-delivery basis are marked to market daily until settlement at
the forward settlement date. Short-term investments having a maturity of 60 days or less are generally valued at amortized cost. Exchange traded options, futures and options on futures are valued at the settlement price determined by the relevant
exchange. With respect to any portion of the Fund&#146;s assets that are invested in one or more open-end management investment companies, the Fund&#146;s NAV will be calculated based upon the NAVs of such investments. The Fund will normally use
pricing data for domestic equity securities received shortly after the NYSE Close and do not normally take into account trading, clearances or settlements that take place after the NYSE Close. </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="1">Investments initially valued in currencies other than the U.S. dollar are converted to the U.S. dollar
using exchange rates obtained from pricing services. As a result, the NAV of the Fund&#146;s shares may be affected by changes in the value of currencies in relation to the U.S. dollar. The value of securities traded in markets outside the United
States or denominated in currencies other than the U.S. dollar may be affected significantly on a day that the NYSE is closed and the NAV may change on days when an investor is not able to purchase or sell shares. </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 22
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</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">Securities and other assets for which market
quotes are not readily available are valued at fair value as determined in good faith by the Board of Directors or persons acting at their direction. The Board of Directors has adopted methods for valuing securities and other assets in circumstances
where market quotes are not readily available, and has delegated to Pacific Investment Management Company LLC (&#147;PIMCO&#148;) the responsibility for applying the valuation methods. For instance, certain securities or investments for which daily
market quotes are not readily available may be valued, pursuant to guidelines established by the Board of Directors, with reference to other securities or indices. In the event that market quotes are not readily available, and the security or asset
cannot be valued pursuant to one of the valuation methods, the value of the security or asset will be determined in good faith by the Valuation Committee of the Board of Directors, generally based upon recommendations provided by PIMCO. </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="1">Market quotes are considered not readily available in circumstances where there is an absence of
current or reliable market-based data (e.g., trade information, bid/asked information, broker quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close, that materially affect the values of the
Fund&#146;s securities or assets. In addition, market quotes are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the securities trade, do not open for trading for the entire day and no
other market prices are available. The Board of Directors is responsible for monitoring significant events that may materially affect the values of the Fund&#146;s securities or assets and for determining whether the value of the applicable
securities or assets should be re-evaluated in light of such significant events. </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="1">When
the Fund uses fair value pricing to determine its NAV, securities will not be priced on the basis of quotes from the primary market in which they are traded, but rather may be priced by another method that the Board of Directors or persons acting at
their direction believe accurately reflects fair value. Fair value pricing may require subjective determinations about the value of a security. While the Fund&#146;s policy is intended to result in a calculation of the Fund&#146;s NAV that fairly
reflects security values as of the time of pricing, the Fund cannot ensure that fair values determined by the Board of Directors or persons acting at their direction would accurately reflect the price that the Fund could obtain for a security if it
were to dispose of that security as of the time of pricing (for instance, in a forced or distressed sale). The prices used by the Fund may differ from the value that would be realized if the securities were sold and the differences could be material
to the financial statements. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(c)
Securities Transactions and Investment Income</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;Securities transactions are recorded as of the trade date for financial reporting purposes. Securities purchased or sold on a when-issued
or delayed-delivery basis may be settled a month or more after the trade date. Realized gains and losses from securities sold are recorded on the identified cost basis. Dividend income is recorded on the ex-dividend date, except certain dividends
from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Interest income, adjusted for the accretion of discounts and amortization of premiums, is recorded on the
accrual basis. Paydown gains and losses on mortgage-related and other asset-backed securities are recorded as components of interest income on the Statement of Operations. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(d) Borrowing Under Mortgage Dollar Rolls and Forward Commitments</B></FONT><FONT FACE="ARIAL" SIZE="1"
COLOR="#000000">&nbsp;&nbsp;The Fund enters into dollar rolls in which the Fund sells securities for delivery in the current month and simultaneously contracts to repurchase substantially similar (same type, same or similar interest rate and
maturity) securities on a specified future date. The difference between the selling price and the future purchase price is an </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 23
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Notes to Financial Statements&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#ccd1dc"><B> </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="ARIAL" SIZE="1">adjustment to interest income on the Statement of Operations. During the roll period, the Fund forgoes principal and interest paid on the securities. The Fund accounts
for dollar rolls as financing transactions. Dollar rolls are intended to enhance the Fund&#146;s yield by earning a spread between the yield on the underlying mortgage securities and short-term interest rates. At January&nbsp;31, 2008, there were
$118,906 in dollar roll commitments. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73"><B>(e) Leverage</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund is authorized to borrow funds and utilize leverage subject to certain limitations under the Act. The Fund&#146;s ability to use leverage
creates an opportunity for increased net income, but at the same time poses special risks. Certain transactions may give rise to a form of leverage. Such transactions may include, among others, reverse repurchase agreements, loans of portfolio
securities, and the use of mortgage-dollar rolls, when-issued, delayed-delivery or forward commitment transactions. The use of leverage increases the overall duration risk of the Fund and creates an increased sensitivity of the Fund to rising
short-term interest rates. The use of leverage, which is generally the economic equivalent of borrowing to purchase securities, thus creates risks of greater volatility of the net asset value and market value of Fund shares. If the income from the
securities purchased with borrowed funds is not sufficient to cover the cost of borrowing, the net income of the Fund will be less than if borrowing had not been used, reducing the amount available for distribution to shareholders. Yield curve
flattening reduces the potential benefits to the Fund from borrowing. Conversely, a steep yield curve increases the potential benefit to the Fund from borrowing. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(f) Dividends and Distributions to Shareholders</B></FONT><FONT FACE="ARIAL" SIZE="1"
COLOR="#000000">&nbsp;&nbsp;The Fund expects to pay monthly dividends of net investment income (other than net realized gains) to the shareholders. Under the Fund&#146;s current policy, which may be changed at any time by the Fund&#146;s Board of
Directors, the Fund&#146;s monthly dividends will be made at a level that reflects the past and projected performance of the Fund, which over time is expected to result in the distribution of all net investment income of the Fund. Distributions, if
any, of net realized short- or long-term capital gains will be distributed no less frequently than once each year. Income dividends and capital gain distributions are determined in accordance with income tax regulations which may differ from U.S.
GAAP. Differences between tax regulations and U.S. GAAP may change the fiscal year when income and capital items are recognized for tax and U.S. GAAP purposes. Examples of events that give rise to timing differences include wash sales, straddles,
net operating losses and capital loss carryforwards. Further, the character of investment income and capital gains may be different for certain transactions under the two methods of accounting. Examples of characterization differences include the
treatment of mortgage paydowns, swaps, foreign currency transactions and contingent debt instruments. As a result, income dividends and capital gain distributions declared during a fiscal period may differ significantly from the net investment
income and realized capital gain reported on the Fund&#146;s annual financial statements presented under U.S. GAAP. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(g) Cash and Foreign Currency</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The functional and reporting
currency for the Fund is the U.S. dollar. The market values of foreign securities, currency holdings and other assets and liabilities are translated into U.S. Dollars based on the current exchange rates each business day. Fluctuations in the value
of currency holdings and other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains or losses. Realized gains or losses and unrealized appreciation or depreciation on investment securities
and income and expenses are translated on the respective dates of such transactions. The effects of changes in foreign currency exchange rates on investments in securities are not segregated on the Statement of Operations from the effects of changes
in market prices of those securities, but are included with the net realized and unrealized gain or loss on investment securities. </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 24
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="60%" BORDER="0" BGCOLOR="#eaecf1">

<TR>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="43%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="42%"></TD></TR>
<TR>
<TD HEIGHT="13" COLSPAN="7"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="7"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Non-U.S. currency symbols utilized throughout the report are defined as follows:</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">DEM</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">German Mark</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">GBP</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">British Pound Sterling</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">EUR</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1">Euro </FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">JPY</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Japanese Yen</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"></FONT><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73"><B>(h) Foreign Currency Contracts</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund may enter into foreign currency contracts in connection with settling planned purchases or sales of securities, to hedge the
currency exposure associated with some or all of the Fund&#146;s securities or as a part of an investment strategy. A foreign currency contract is an agreement between two parties to buy and sell a currency at a set price on a future date. The
market value of a foreign currency contract fluctuates with changes in foreign currency exchange rates. Foreign currency contracts are marked to market daily and the change in value is recorded by the Fund as an unrealized gain or loss. Realized
gains or losses equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed are recorded upon delivery or receipt of the currency. These contracts may involve market risk in excess of
the unrealized gain or loss reflected on the Statement of Assets and Liabilities. In addition, the Fund could be exposed to risk if the counterparties are unable to meet the terms of the contracts or if the value of the currency changes unfavorably
to the U.S. dollar. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(i) Futures
Contracts</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund is authorized to enter into futures contracts. The Fund may use futures contracts to manage its exposure to the securities markets or to movements in interest rates
and currency values. The primary risks associated with the use of futures contracts are the imperfect correlation between the change in market value of the securities held by the Fund and the prices of futures contracts, the possibility of an
illiquid market, and the inability of the counterparty to meet the terms of the contract. Futures contracts are valued based upon their quoted daily settlement prices. Upon entering into a futures contract, the Fund is required to deposit with its
futures broker an amount of cash or U.S. Government and Agency Obligations in accordance with the initial margin requirements of the broker or exchange. Futures contracts are marked to market daily and an appropriate payable or receivable for the
change in value (&#147;variation margin&#148;) is recorded by the Fund. Gains or losses are recognized but not considered realized until the contracts expire or are closed. Futures contracts involve, to varying degrees, risk of loss in excess of the
variation margin disclosed on the Statement of Assets and Liabilities. </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="1"></FONT><FONT
FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(j) Options Contracts</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund may write call and put options on futures, swaps (&#147;swaptions&#148;), securities or currencies it owns or
in which it may invest. Writing put options tends to increase the Fund&#146;s exposure to the underlying instrument. Writing call options tends to decrease the Fund&#146;s exposure to the underlying instrument. When the Fund writes a call or put
option, an amount equal to the premium received is recorded as a liability and subsequently marked to market to reflect the current value of the option written. These liabilities are reflected as written options outstanding on the Statement of
Assets and Liabilities. Certain options may be written with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. Premiums received from writing options which
expire are treated as realized gains. Premiums received from writing options which are exercised or closed are added to the proceeds or offset against amounts paid on the underlying future, swap, security or currency transaction to determine the
realized gain or loss. The Fund, as a writer of an option, has no control over whether the underlying instrument may be sold (call) or purchased (put) and as a result bears the market risk of an unfavorable change in the price of the instrument
underlying the written option. There is the risk the Fund may not be able to enter into a closing transaction because of an illiquid market. </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 25
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Notes to Financial Statements&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#ccd1dc"><B> </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="ARIAL" SIZE="1">The Fund may also purchase put and call options.
Purchasing call options tends to increase the Fund&#146;s exposure to the underlying instrument. Purchasing put options tends to decrease the Fund&#146;s exposure to the underlying instrument. The Fund pays a premium which is included on the
Statement of Assets and Liabilities as an investment and subsequently marked to market to reflect the current value of the option. Premiums paid for purchasing options which expire are treated as realized losses. Certain options may be purchased
with premiums to be determined on a future date. The premiums for these options are based upon implied volatility parameters at specified terms. The risk associated with purchasing put and call options is limited to the premium paid. Premiums paid
for purchasing options which are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying investment transaction to determine the realized gain or loss. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(k) Repurchase Agreements</B></FONT><FONT
FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund may engage in repurchase transactions. Under the terms of a typical repurchase agreement, the Fund takes possession of an underlying debt obligation (collateral) subject to an obligation of
the seller to repurchase, and the Fund to resell, the obligation at an agreed-upon price and time. The underlying securities for all repurchase agreements are held in safekeeping at the Fund&#146;s custodian or designated subcustodians under
tri-party repurchase agreements. The market value of the collateral must be equal to or exceed the total amount of the repurchase obligations, including interest. Securities purchased under repurchase agreements are reflected as an asset on the
Statement of Assets and Liabilities. Generally, in the event of counterparty default, the Fund has the right to use the collateral to offset losses incurred. If the counterparty should default, the Fund will seek to sell the securities which it
holds as collateral. This could involve procedural costs or delays in addition to a loss on the securities if their value should fall below their repurchase price. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(l) Reverse Repurchase Agreements</B></FONT><FONT FACE="ARIAL" SIZE="1"
COLOR="#000000">&nbsp;&nbsp;The Fund may enter into reverse repurchase agreements. Reverse repurchase agreements involve the sale of a portfolio-eligible security by the Fund, coupled with an agreement to repurchase the security at a specified date
and price. Reverse repurchase agreements involve the risk that the market value of securities retained by the Fund may decline below the repurchase price of the securities sold by the Fund, which the Fund is obligated to repurchase. Reverse
repurchase agreements are considered to be borrowings by the Fund. To the extent the Fund collateralizes its obligations under reverse repurchase agreements, such transactions will not be deemed subject to the 300% asset coverage requirements
imposed by the Act. The Fund will segregate assets determined to be liquid by PIMCO or otherwise cover its obligations under reverse repurchase agreements. The average amount of borrowings outstanding during the period ended January&nbsp;31, 2008
was $311,324,170 at a weighted average interest rate of 5.23%. </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="1"></FONT><FONT FACE="ARIAL"
SIZE="1" COLOR="#334a73"><B>(m) Swap Agreements</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund may invest in swap transactions, including, but not limited to, swap agreements on interest rates, security or commodity
indexes, specific securities and commodities, and credit and event-linked swaps. To the extent the Fund may invest in foreign currency denominated securities, it also may invest in currency exchange rate swap agreements. Swap transactions are
privately negotiated agreements between the Fund and a counterparty to exchange or swap investment cash flows, assets, foreign currencies or market-linked returns at specified, future intervals. The Fund may enter into interest rate, total return,
cross-currency, credit default and other forms of swap agreements to manage its exposure to interest rates, currency and credit risk. In connection with these agreements, securities may be identified as collateral in accordance with the terms of the
respective swap agreements. </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="1">Interest rate swap agreements involve the exchange by the
Fund with another party of their respective commitments to pay or receive interest, e.g., an exchange of floating rate payments for fixed rate payments </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 26
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</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">with respect to the notional amount of principal. Certain forms of interest rate swap agreements may include: (i)&nbsp;interest rate caps, under which, in return for a
premium, one party agrees to make payments to the other to the extent that interest rates exceed a specified rate, or &#147;cap&#148;, (ii)&nbsp;interest rate floors, under which, in return for a premium, one party agrees to make payments to the
other to the extent that interest rates fall below a specified rate, or &#147;floor&#148;, (iii)&nbsp;interest rate collars, under which a party sells a cap and purchases a floor or vice versa in an attempt to protect itself against interest rate
movements exceeding given minimum or maximum levels, or (iv) callable interest rate swaps, under which the counterparty may terminate the interest rate swaps transaction in whole at zero cost by a predetermined date and time prior to the expiration
date. </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="1">Total return swap agreements involve commitments to pay interest in exchange for a
market-linked return, both based on notional amounts. To the extent the total return of the security or index underlying the transaction exceeds or falls short of the offsetting interest rate obligation, the Fund will receive a payment from or make
a payment to the counterparty. </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="1">Cross-currency swap agreements involve two parties
exchanging two different currencies with an agreement to reverse the exchange at a later date at specified exchange rates. The exchange of currencies at the inception date of the contract takes place at the current spot rate. The re-exchange at
maturity may take place at the same exchange rate, a specified rate, or the then current spot rate. Interest payments, if applicable, are made between the parties based on interest rates available in the two currencies at the inception of the
contract. The terms of cross-currency swap contracts may extend for many years. Cross-currency swaps are usually negotiated with commercial and investment banks. Contracts are subject to risk of default by the counterparty and, depending on their
terms, may be subject to exchange rate risk. Some cross-currency swaps may not provide for exchanging principal cash flows, only for exchanging interest cash flows. </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="1">Credit default swap agreements on corporate issues or sovereign issues of an emerging country involve one party making a stream of payments to another
party in exchange for the right to receive a specified return in the event of a default.<B> </B>The Fund may use credit default swaps on corporate issues or sovereign issues of an emerging country to provide a measure of protection against defaults
of the issuers (i.e., to reduce risk where the Fund owns or has exposure to the reference obligation) or to take an active long or short position with respect to the likelihood of a particular issuer&#146;s default. As a seller of protection, the
Fund generally receives an upfront payment or a fixed rate of income throughout the term of the swap provided that there is no credit event. If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that
particular swap agreement, the Fund will pay to the buyer of the protection an amount up to the notional value of the swap and in certain instances take delivery of the security. As the seller, a Fund would effectively add leverage to its portfolio
because, in addition to its total net assets, the Fund would be subject to investment exposure on the notional amount of the swap. As a buyer of protection, the Fund generally receives an amount up to the notional value of the swap if a credit event
occurs. </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="1">Credit default swap agreements on credit indices involve one party making a
stream of payments to another party in exchange for the right to receive a specified return in the event of a write-down, principal shortfall, interest shortfall or default of all or part of the reference entities comprising the credit index. A
credit index is a list of credit instruments or exposures designed to be representative of some part of the credit market as a whole. These indices are made up of reference credits that are judged by a poll of dealers to be the most liquid entities
in the credit default swap market based on the sector of the index. Components of the indices may include, but is not limited to, credit default swaps on investment grade securities, high yield </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 27
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Notes to Financial Statements&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#ccd1dc"><B> </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="ARIAL" SIZE="1">securities, asset backed securities, emerging markets, and/or various credit ratings within each sector. Credit indices are traded using credit default swaps&nbsp;with
standardized terms including a fixed spread and standard maturity dates. An index credit default swap references all the names in the index, and if there is a default, the credit event is settled based on that name&#146;s weight in the index. The
composition of the indices changes periodically, usually every six months, and for most indices, each name has an equal weight in the index. </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="1">The treatment of credit default swaps and other swap agreements that provide for contingent, non-periodic, bullet-type payments as &#147;notional principal contracts&#148; for U.S.
federal income tax purposes is uncertain. If the U.S. Internal Revenue Service were to take the position that a credit default swap or other bullet-type swap is not a &#147;notional principal contract&#148; for U.S. federal income tax purposes,
payments received by a Fund from such investments might be subject to U.S. excise or income taxes. </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="1">Swaps are marked to market daily based upon values from third party vendors or quotations from market makers to the extent available and the change in value, if any, is recorded as unrealized gain or loss on the Statement of
Operations. In the event that market quotations are not readily available or deemed reliable, certain swap agreements may be valued, pursuant to guidelines established by the Board of Directors, with reference to other securities or indices. In the
event that market quotes are not readily available, and the swap cannot be valued pursuant to one of the valuation methods, the value of the swap will be determined in good faith by the Valuation Committee of the Board of Directors, generally based
upon recommendations provided by PIMCO. Payments received or made at the beginning of the measurement period are reflected as such on the Statement of Assets and Liabilities. These upfront payments are recorded as realized gain or loss on the
Statement of Operations upon termination or maturity of the swap. A liquidation payment received or made at the termination of the swap is recorded as realized gain or loss on the Statement of Operations. Net periodic payments received or paid by
the Fund is included as part of realized gain or loss on the Statement of Operations. Entering into these agreements involves, to varying degrees, elements of credit, market and documentation risk in excess of the amounts recognized on the Statement
of Assets and Liabilities. Such risks involve the possibility that there will be no liquid market for these agreements, that the counterparty to the agreements may default on its obligation to perform or disagree as to the meaning of contractual
terms in the agreements and that there may be unfavorable changes in interest rates. </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="1">
</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(n) Loan Participations and Assignments</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund may invest in direct debt instruments which are interests in amounts owed by
corporate, governmental, or other borrowers to lenders or lending syndicates. The Fund&#146;s investments in loans may be in the form of participations in loans or assignments of all or a portion of loans from third parties. A loan is often
administered by a bank or other financial institution (the &#147;lender&#148;) that acts as agent for all holders. The agent administers the terms of the loan, as specified in the loan agreement. When investing in a loan participation, the Fund has
the right to receive payments of principal, interest and any fees to which it is entitled only from the lender selling the loan agreement and only upon receipt by the lender of payments from the borrower. The Fund generally has no right to enforce
compliance with the terms of the loan agreement with the borrower. As a result, the Fund may be subject to the credit risk of both the borrower and the lender that is selling the loan agreement. When the Fund purchases assignments from lenders it
acquires direct rights against the borrower of the loan. </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="1"></FONT><FONT FACE="ARIAL"
SIZE="1" COLOR="#334a73"><B>(o) Mortgage-Related and Other Asset-Backed Securities</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund may invest in mortgage-related and other asset-backed securities. These securities include
mortgage pass-through securities, collateralized </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 28
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</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">mortgage obligations (&#147;CMOs&#148;), commercial mortgage-backed securities, mortgage dollar rolls, CMO residuals, stripped mortgage-backed securities
(&#147;SMBSs&#148;) and other securities that directly or indirectly represent a participation in, or are secured by and payable from, mortgage loans on real property. The value of some mortgage-related and asset-backed securities may be
particularly sensitive to changes in prevailing interest rates. Early repayment of principal on some mortgage-related securities may expose the Fund to a lower rate of return upon reinvestment of principal. The value of these securities may
fluctuate in response to the market&#146;s perception of the creditworthiness of the issuers. Additionally, although mortgages and mortgage-related securities are generally supported by some form of government or private guarantee and/or insurance,
there is no assurance that private guarantors or insurers will meet their obligations. </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="1">One type of SMBSs has one class receiving all or a portion of the interest from the mortgage assets (the interest-only, or &#147;IO&#148; and/or the high coupon rate with relatively low principal amount, or &#147;IOette&#148; class), while
the other class will receive all of the principal (the principal-only, or &#147;PO&#148; class). Payments received for IOs and IOettes are included in interest income on the Statement of Operations. Because little to no principal will be received at
the maturity of an IO or IOettes, adjustments are made to the book value of the security on a daily basis until maturity. These adjustments are included in interest income on the Statement of Operations. Payments received for POs are treated as
reductions to the cost and par value of the 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="ARIAL" SIZE="1"></FONT><FONT FACE="ARIAL"
SIZE="1" COLOR="#334a73"><B>(p) U.S. Government Agencies or Government-Sponsored Enterprises</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;Securities issued by U.S. Government agencies or government-sponsored enterprises may not
be guaranteed by the U.S. Treasury. The Government National Mortgage Association (&#147;GNMA&#148; or &#147;Ginnie Mae&#148;), a wholly owned U.S. Government corporation, is authorized to guarantee, with the full faith and credit of the U.S.
Government, the timely payment of principal and interest on securities issued by institutions approved by GNMA and backed by pools of mortgages insured by the Federal Housing Administration or guaranteed by the Department of Veterans Affairs.
Government-related guarantors (i.e., not backed by the full faith and credit of the U.S. Government) include the Federal National Mortgage Association (&#147;FNMA&#148; or &#147;Fannie Mae&#148;) and the Federal Home Loan Mortgage Corporation
(&#147;FHLMC&#148; or &#147;Freddie Mac&#148;). Pass-through securities issued by FNMA are guaranteed as to timely payment of principal and interest by FNMA but are not backed by the full faith and credit of the U.S. Government. FHLMC guarantees the
timely payment of interest and ultimate collection of principal, but its participation certificates are not backed by the full faith and credit of the U.S. Government. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(q) New Accounting Pronouncements</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;In
September 2006, the Financial Accounting Standards Board (&#147;FASB&#148;) issued Statement of Financial Accounting Standards No.&nbsp;157, <I>Fair Value Measurements</I> (the &#147;Statement&#148;). The Statement is effective for fiscal years
beginning after November&nbsp;15, 2007 and will require expanded disclosure about fair value measurements, separately for each major category of assets and liabilities, that enables shareholders to assess the inputs used to develop those
measurements, and for recurring fair value measurements using significant unobservable inputs the effect of the measurements on changes in net assets for the reporting period. Management is currently evaluating the application of the Statement to
the Fund and will provide additional information in relation to the Statement on the Fund&#146;s semiannual financial statements for the period ending July&nbsp;31, 2008. </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="1" COLOR="#334a73"><B>3.&nbsp;&nbsp;FEES AND EXPENSES </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"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(a) Investment Advisory Fee</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;PIMCO is a majority-owned
subsidiary of Allianz Global Investors of America L.P. (&#147;AGI&#148;), and serves as investment adviser (the &#147;Adviser&#148;) to the Fund, pursuant to an </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 29
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Notes to Financial Statements&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#ccd1dc"><B> </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="ARIAL" SIZE="1">investment advisory contract. The Adviser receives a monthly fee from the Fund at an annual rate of 0.82% based on average daily net assets of the Fund during the
month. </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="1"></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(b) Administration Fee</B>
</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;PIMCO serves as administrator (the &#147;Administrator&#148;) and provides administrative services to the Fund for which it receives from the Fund a monthly administration fee at an
annual rate of 0.05% based on average daily net assets of the Fund during the month. </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="1">
</FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>(c) Fund Expenses</B></FONT><FONT FACE="ARIAL" SIZE="1" COLOR="#000000">&nbsp;&nbsp;The Fund is responsible for the following expenses: (i)&nbsp;independent auditors&#146; fees;
(ii)&nbsp;printing fees; (iii)&nbsp;transfer agent fees; (iv)&nbsp;custody and accounting fees; (v)&nbsp;taxes and governmental fees; (vi)&nbsp;brokerage fees and commissions and other portfolio transaction expenses; (vii)&nbsp;the costs of
borrowing money, including interest expenses and bank overdraft charges; (viii)&nbsp;fees and expenses of the Directors who are not &#147;interested persons&#148;, as defined in the Act, of PIMCO or the Fund (each an &#147;Independent
Director&#148;), and any counsel retained exclusively for their benefit; (ix)&nbsp;legal fees; and (x)&nbsp;extraordinary expenses, including costs of litigation and indemnification expenses. </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="1">Each Independent Director receives from the Fund an annual retainer of $10,000, plus $2,000 for each
regular meeting of the Board of Directors, $1,500 for each special meeting of the Board, and $1,000 for each committee meeting, in each case attended either in person or telephonically, plus reimbursement of related expenses. </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="1" COLOR="#334a73"><B>4.&nbsp;&nbsp;RELATED PARTY TRANSACTIONS </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">The Adviser and Administrator are related parties as defined by FAS 57, <I>Related Party
Disclosures</I>. Fees payable to these parties are disclosed in Note 3. </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="1"
COLOR="#334a73"><B>5.&nbsp;&nbsp;GUARANTEES AND INDEMNIFICATIONS </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">Under the
Fund&#146;s organizational documents, each Director, officer, employee or other agent of the Fund (including the Fund&#146;s investment adviser) is indemnified, to the extent permitted by the Act, against certain liabilities that may arise out of
performance of their duties to the Fund. Additionally, in the normal course of business, the Fund enters into contracts that contain a variety of indemnification clauses. The Fund&#146;s maximum exposure under these arrangements is unknown as this
would involve future claims that may be made against the Fund that have not yet occurred. However, the Fund has not had prior claims or losses pursuant to these contracts and believes the risk of loss to be remote. </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="1" COLOR="#334a73"><B>6.&nbsp;&nbsp;PURCHASES AND SALES OF SECURITIES </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">The length of time the Fund has held a particular security is not generally a consideration in
investment decisions. A change in the securities held by the Fund is known as &#147;portfolio turnover.&#148; The Fund may engage in frequent and active trading of portfolio securities to achieve its investment objectives, particularly during
periods of volatile market movements. High portfolio turnover (e.g., over 100%) involves correspondingly greater expenses to the Fund, including brokerage commissions or dealer mark-ups and other transaction costs on the sale of securities and
reinvestments in other securities. Such sales may also result in realization of taxable capital gains, including short-term capital gains (which are generally taxed at ordinary income tax rates). The trading costs and tax effects associated with
portfolio turnover may adversely affect the Fund&#146;s performance. </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="96%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 30
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</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">Purchases and sales of securities (excluding
short-term investments) for the period ended January&nbsp;31, 2008, were as follows (amounts in thousands): </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></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="20%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="20%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="20%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>U.S.&nbsp;Government/Agency</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>All Other</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Purchases</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Sales</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:2px solid #ffffff; BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Purchases</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Sales</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;6,135,817</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;6,334,971</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;86,215</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73" ALIGN="right"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;59,462</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" COLOR="#334a73"><B>7.&nbsp;&nbsp;REGULATORY AND
LITIGATION MATTERS </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">Since February 2004, PIMCO, Allianz Global Investors of America
L.P. (&#147;AGI&#148;) (formerly known as Allianz Dresdner Asset Management of America L.P.) (PIMCO&#146;s parent company), and certain of their affiliates, including PIMCO Funds (a complex of mutual funds managed by PIMCO) and Allianz Funds
(formerly known as PIMCO Funds: Multi-Manager Series) (a complex of mutual funds managed by affiliates of PIMCO), certain PIMCO Funds trustees, and certain employees of PIMCO have been named as defendants in fifteen lawsuits filed in various
jurisdictions. Eleven of those lawsuits concern &#147;market timing,&#148; and they have been transferred to and consolidated for pre-trial proceedings in a multi-district litigation proceeding in the U.S. District Court for the District of
Maryland; the other four lawsuits concern &#147;revenue sharing&#148; and have been consolidated into a single action in the U.S. District Court for the District of Connecticut. The lawsuits have been commenced as putative class actions on behalf of
investors who purchased, held or redeemed shares of the various series of PIMCO Funds and Allianz Funds during specified periods, or as derivative actions on behalf of the PIMCO Funds and Allianz 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="ARIAL" SIZE="1">The market timing actions in the District of Maryland generally allege that certain hedge funds were
allowed to engage in &#147;market timing&#148; in certain funds of PIMCO Funds and Allianz Funds and this alleged activity was not disclosed. Pursuant to tolling agreements entered into with the derivative and class action plaintiffs, PIMCO, certain
PIMCO Funds trustees, and certain employees of PIMCO who were previously named as defendants have all been dropped as defendants in the market timing actions; the plaintiffs continue to assert claims on behalf of the shareholders of PIMCO Funds or
on behalf of PIMCO Funds itself against other defendants. By order dated November&nbsp;3, 2005, the U.S. District Court for the District of Maryland granted PIMCO Funds&#146; motion to dismiss claims asserted against it in a consolidated amended
complaint where PIMCO Funds was named, in the complaint, as a nominal defendant. Thus, at present PIMCO Funds is not a party to any &#147;market timing&#148; lawsuit. The revenue sharing action in the District of Connecticut generally alleges that
fund assets were inappropriately used to pay brokers to promote funds of the Allianz Funds and of the PIMCO Funds, including directing fund brokerage transactions to such brokers, and that such alleged arrangements were not fully disclosed to
shareholders. On September&nbsp;19, 2007, the U.S. District Court for the District of Connecticut granted defendants&#146; motion to dismiss the consolidated amended complaint in the revenue sharing action. The market timing and revenue sharing
lawsuits seek, among other things, unspecified compensatory damages plus interest and, in some cases, punitive damages, the rescission of investment advisory contracts, the return of fees paid under those contracts and&nbsp;restitution. </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="1">Two nearly identical class action civil complaints have been filed in August 2005, in the Northern
District of Illinois Eastern Division, alleging that the plaintiffs each purchased and sold a 10-year Treasury note futures contract and suffered damages from an alleged shortage when PIMCO held both physical and futures positions in 10-year
Treasury notes for its client accounts. The two actions have been consolidated into one </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 31
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Notes to Financial Statements&nbsp;&nbsp;</B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL"
SIZE="2" COLOR="#ccd1dc"><B> </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="ARIAL" SIZE="1">action, and the two separate complaints have been replaced by a consolidated complaint. PIMCO is a named defendant, and PIMCO Funds has been added as a defendant, to
the consolidated action. PIMCO and PIMCO Funds strongly believe the complaint is without merit and intend to vigorously defend themselves. </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="1">In April 2006, certain registered investment companies and other funds managed by PIMCO were served in an adversary proceeding brought by the Official Committee of Asbestos
Claimants of G-I Holdings, Inc. in G-I Holdings, Inc.&#146;s bankruptcy in the District of New Jersey. In July 2004, PIMCO was named in this lawsuit and remains a defendant. The plaintiff seeks to recover for the bankruptcy estate assets that were
transferred by the predecessor entity of G-I Holdings, Inc. to a wholly-owned subsidiary in 1994. The subsidiary has since issued notes, of which certain registered investment companies and other funds managed by PIMCO are alleged to be holders. The
complaint alleges that in 2000, more than two hundred noteholders&#151;including certain registered investment companies and other funds managed by PIMCO&#151;were granted a second priority lien on the assets of the subsidiary in exchange for their
consent to a refinancing transaction and the granting of a first priority lien to the lending banks. The plaintiff is seeking invalidation of the lien in favor of the noteholders and/or the value of the lien. On June&nbsp;21, 2006, the District of
New Jersey overturned the Bankruptcy Court&#146;s decision granting permission to file the adversary proceeding and remanded the matter to the Bankruptcy Court for further proceedings. Following a motion to reconsider, the District Court upheld its
remand on August&nbsp;7, 2006, and instructed the Bankruptcy Court to conduct a &#147;cost-benefit&#148; analysis of the Committee&#146;s claims, including the claims against the noteholders. The Bankruptcy Court held a status conference on
October&nbsp;25, 2006 and set a briefing schedule relating to this cost-benefit analysis. To date, no briefs have been filed. This matter is not expected to have a material adverse affect. </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="1">The foregoing speaks only as of the date of this report. None of the aforementioned complaints alleges
that any improper activity took place in the Fund. It is possible that these matters could lead to a decrease in the market value of the Fund&#146;s shares or other adverse consequences to the Fund. However, PIMCO believes that these matters are not
likely to have a material adverse effect on the Fund or on PIMCO&#146;s ability to perform its investment advisory services relating 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="ARIAL" SIZE="1" COLOR="#334a73"><B>8.&nbsp;&nbsp;FEDERAL INCOME TAX MATTERS </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">The Fund intends to qualify as a regulated investment company under sub-chapter M of the Internal Revenue Code (the &#147;Code&#148;) and distribute all of its taxable income and
net realized gains, if applicable, to shareholders. Accordingly, no provision for Federal income taxes has been made. </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="1">The FASB issued Interpretation No.&nbsp;48, &#147;Accounting for Uncertainty in Income Taxes, an Interpretation of FASB Statement No.&nbsp;109&#148; (&#147;FIN 48&#148;), in June
2006. FIN 48 permits the recognition of tax benefits of an uncertain tax position only when the position is &#147;more likely than not&#148; to be sustained assuming examination by taxing authorities. The Fund adopted the provisions of FIN 48 on
February 1, 2007. Management has reviewed the Fund&#146;s tax positions for all open tax years, and concluded that adoption had no effect on the Fund&#146;s financial position or results of operations. At January&nbsp;31, 2008, the Fund has recorded
no liability for net unrecognized tax benefits relating to uncertain income tax positions it has taken or expects to take in future tax returns. </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="1">The&nbsp;Fund files U.S. tax returns. While the statute of limitations remains open to examine the Fund&#146;s U.S. tax returns filed for the fiscal years from 2004-2007, no
examinations are in progress or anticipated at this </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 32
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="82%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD HEIGHT="35"></TD>
<TD HEIGHT="35" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR>January&nbsp;31,&nbsp;2008</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">time. The Fund is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in
the next twelve months. </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="1">As of January&nbsp;31, 2008, the components of distributable
taxable earnings are as follows (amounts in thousands): </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="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="14%"></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Undistributed</B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Ordinary</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1"
COLOR="#334a73"><B>Income</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Undistributed<BR>Long-Term<BR>Capital Gains</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net Tax Basis<BR>Unrealized<BR>Appreciation/<BR>(Depreciation)&nbsp;<SUP>(1)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Other<BR>Book-to-Tax<BR>Accounting<BR>Differences<SUP>&nbsp;(2)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Accumulated<BR>Capital&nbsp;Losses&nbsp;<SUP>(3)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Post-</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"
ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>October<BR>Deferral&nbsp;<SUP>(4)</SUP></B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;2,901</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;0</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;52,804</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;(4,105)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;(54,303)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;(64,281)</FONT></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP></SUP></I><SUP>(1)<I></I></SUP><I></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>Adjusted for open wash sale loss deferrals and the accelerated recognition of unrealized gain or loss on certain futures,
options and forward contracts for federal income tax purposes. Also adjusted for differences between book and tax realized and unrealized gain (loss) on swap contracts. </I></FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP></SUP></I><SUP>(2)<I></I></SUP></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP><I></I></SUP><I>Represents differences in income tax regulations and financial accounting principles generally accepted in
the United States of America, namely for straddle loss deferrals and distributions payable at fiscal year-end. </I></FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP></SUP></I><SUP>(3)<I></I></SUP><I></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>Capital losses available to offset future net capital gains expire in varying amounts in the years shown below.
</I></FONT></P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I><SUP></SUP></I><SUP>(4)<I></I></SUP></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP><I></I></SUP><I>Capital losses realized during the period November 1, 2007 through January 31, 2008, which the Fund elected
to defer to the following taxable year pursuant to income tax regulations. </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="ARIAL"
SIZE="1">As of January&nbsp;31, 2008, the Fund had accumulated capital losses expiring in the following years (amounts in thousands). The Fund will resume capital gain distributions in the future to the extent gains are realized in excess of
accumulated capital losses. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="70%" BORDER="0">

<TR>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD></TR>
<TR>
<TD VALIGN="bottom" COLSPAN="11" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Expiration of Accumulated Capital Losses</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1/31/2009</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1/31/2012</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1/31/2013</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1/31/2014</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1/31/2015</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>1/31/2016</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;28,488</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;2,188</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;9,752</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;6,177</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;617</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;7,081</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">As of January&nbsp;31, 2008, the aggregate cost
and the net unrealized appreciation/(depreciation) of investments for federal income tax purposes are as follows (amounts in thousands): </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="70%" BORDER="0">

<TR>
<TD WIDTH="23%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="22%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="25%"></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Federal Tax<BR>Cost</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Unrealized<BR>Appreciation</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Unrealized<BR>(Depreciation)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Net&nbsp;Unrealized<BR>Appreciation/<BR>(Depreciation)&nbsp;<SUP>(5)</SUP></B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;989,083</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;29,723</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;(9,363)</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;20,360</FONT></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I></I><SUP>(5)</SUP><I></I></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>Primary differences between book and tax net unrealized appreciation/(depreciation) on investments are attributable to open
wash sale loss deferrals. </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="ARIAL" SIZE="1">For the fiscal years ended
January&nbsp;31, 2008 and January&nbsp;31, 2007, respectively, the Fund made the following tax basis distributions (amounts in thousands): </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="70%" BORDER="0">

<TR>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="28%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="18%"></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Fiscal</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"
ALIGN="center"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Year&nbsp;Ended</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Ordinary&nbsp;Income<BR>Distributions <SUP>(6)</SUP></B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Long-Term<BR>Capital Gain<BR>Distributions</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Return&nbsp;of<BR>Capital</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">1/31/2008</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;30,445</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;0</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #99a4b9"><FONT FACE="ARIAL" SIZE="1">$&nbsp;&nbsp;&nbsp;&nbsp;0</FONT></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">1/31/2007</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30,980</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #334a73"><FONT FACE="ARIAL" SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0</FONT></TD></TR>
</TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE;padding-bottom:4px; margin-top:-3px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="1%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:80%; vertical-align:top"><FONT FACE="ARIAL" SIZE="1"><I></I><SUP>(6)</SUP></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:80%; vertical-align:top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><SUP></SUP><I>Includes short-term capital gains, if any, distributed. </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 33
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_15"></A>Report of Independent Registered Public Accounting Firm </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="ARIAL" SIZE="1"
COLOR="#334a73"><B>To the Board of Directors and Shareholders of the PIMCO Strategic Global Government Fund, Inc.: </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="ARIAL" SIZE="1">In our opinion, the accompanying statement of assets and liabilities, including the schedule of investments, and the related statements of operations, changes in net assets and of
cash flows and the financial highlights present fairly, in all material respects, the financial position of the PIMCO Strategic Global Government Fund, Inc. (the &#147;Fund&#148;) at January 31, 2008, the results of its operations and cash flows for
the year then ended, the changes in its net assets for each of the two years in the period then ended and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in
the United States of America. These financial statements and financial highlights (hereafter referred to as &#147;financial statements&#148;) are the responsibility of the Fund&#146;s management; our responsibility is to express an opinion on these
financial statements based on our audit. We conducted our audit of these financial statements 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 are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the
accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit, which included confirmation of securities at January 31, 2008 by correspondence with the
custodian and brokers, provides a reasonable basis for our opinion. </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="1">PricewaterhouseCoopers LLP </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">Kansas City, Missouri </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="1">March 25, 2008 </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 34
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="88%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="11%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_11"></A>Privacy Policy</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Unaudited)<BR></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 SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The Fund considers customer privacy to be a fundamental aspect of their relationships with shareholders and are committed to maintaining the confidentiality, integrity and security
of their current, prospective and former shareholders&#146; personal information. To ensure their shareholders&#146; privacy, the Fund has developed policies that are designed to protect this confidentiality, while allowing shareholder needs to be
served. </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="2" COLOR="#334a73"><B>Obtaining Personal Information </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">In the course of providing shareholders with products and services, the Fund and certain service providers to the Fund, such as the Fund&#146;s investment advisers
(&#147;Advisers&#148;), may obtain non-public personal information about shareholders, which may come from sources such as account applications and other forms, from other written, electronic or verbal correspondence, from shareholder transactions,
from a shareholder&#146;s brokerage or financial advisory firm, financial adviser or consultant, and/or from information captured on the Fund&#146;s internet website. </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="2" COLOR="#334a73"><B>Respecting Your Privacy </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">As a matter of policy, the Fund
does not disclose any personal or account information provided by shareholders or gathered by the Fund to non-affiliated third parties, except as required or permitted by law or as necessary for such third parties to perform their agreements with
respect to the Fund. As is common in the industry, non-affiliated companies may from time to time be used to provide certain services, such as preparing and mailing prospectuses, reports, account statements and other information, conducting research
on shareholder satisfaction and gathering shareholder proxies. A Fund&#146;s Distributor may also retain non-affiliated companies to market the Fund&#146;s shares or products which use the Fund&#146;s shares and enter into joint marketing agreements
with other companies. These companies may have access to a shareholder&#146;s personal and account information, but are permitted to use this information solely to provide the specific service or as otherwise permitted by law. In most cases, the
shareholders will be clients of a third party, but the Fund may also provide a shareholder&#146;s personal and account information to the shareholder&#146;s respective brokerage or financial advisory firm. </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="2" COLOR="#334a73"><B>Sharing Information with Third Parties </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The Fund reserves the right to disclose or report personal information to non-affiliated third parties, in limited circumstances, where the Fund believes in good faith that
disclosure is required under law to cooperate with regulators or law enforcement authorities, to protect their rights or property or upon reasonable request by any Fund in which a shareholder has chosen to invest. In addition, the Fund may disclose
information about a shareholder&#146;s accounts to a non-affiliated third party with the consent of the shareholder. </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="2" COLOR="#334a73"><B>Sharing Information with Affiliates </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The Fund may share shareholder
information with their affiliates in connection with servicing its shareholders&#146; accounts or to provide shareholders with information about products and services that the Fund or its Advisers, principal underwriters or its affiliates
(&#147;Service Affiliates&#148;) believe may be of interest to such shareholders. The information that the Fund share may include, for example, a shareholder&#146;s participation in one of the Fund or in other investment programs sponsored by a
Service Affiliate, a shareholder&#146;s ownership of certain types of accounts (such as IRAs), or other data about a shareholder&#146;s accounts. The Fund&#146;s Service Affiliates, in turn, are not permitted to share shareholder information with
non-affiliated entities, except as required or permitted by law. </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="2"
COLOR="#334a73"><B>Procedures to Safeguard Private Information </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The Fund takes seriously the obligation to safeguard shareholder non-public personal information.
In addition to this policy, the Fund has also implemented procedures that are designed to restrict access to a shareholder&#146;s non-public personal information only to internal personnel who need to know that information in order to provide
products or services to such shareholders. In order to guard a shareholder&#146;s non-public personal information, physical, electronic and procedural safeguards are in place. </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 35
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="11%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_12"></A>Dividend Reinvestment Plan</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Unaudited)</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 SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#334a73"><B>What is the Dividend Reinvestment Plan for the Fund? </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The Dividend
Reinvestment Plan (the &#147;Plan&#148;) offers shareholders in the Fund an efficient and simple way to reinvest dividends and capital gains distributions, if any, in additional shares of the Fund. Each month the Fund will distribute to shareholders
substantially all of its net investment income. The Fund expects to distribute at least annually any net realized long-term or short-term capital gains. Computershare Trust Co., N.A. acts as the Plan Agent for shareholders in administering 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"><FONT FACE="ARIAL" SIZE="2" COLOR="#334a73"><B>Who can participate in the Plan? </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">All shareholders in the Fund may participate in the Plan by following the instructions for enrollment provided later in this section. </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="2" COLOR="#334a73"><B>What does the Plan offer? </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The Plan offers shareholders a simple and convenient means to reinvest dividends and capital gains distributions 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="ARIAL" SIZE="2" COLOR="#334a73"><B>How is the reinvestment of income dividends and capital gains distributions
accomplished? </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">If you are a participant in the Plan, your dividends and capital gains distributions will be reinvested automatically for you, increasing your
holding in the Fund. If the Fund declares a dividend or capital gains distribution payable either in cash or in shares of the Fund, you will automatically receive shares of the Fund. If the share price of shares is equal to or exceeds the net asset
value per share on the Valuation Date (as defined below), Plan participants will be issued shares valued at the net asset value most recently determined or, if net asset value is less than 95% of the then-current share price, then at 95% of the
share price. </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">If the share price is less than the net asset value on the Valuation Date,
the Plan Agent will buy shares in the open market, on the New York Stock Exchange (&#147;NYSE&#148;) or elsewhere, for the participants&#146; accounts. If, following the commencement of the purchase and before the Plan Agent has completed its
purchases, the share price exceeds the net asset value, the average per share purchase price paid by the Plan Agent may exceed the net asset value, resulting in the acquisition of fewer shares than if the dividend or capital gains distribution had
been paid in shares issued by the Fund at net asset value. Additionally, if the share price exceeds the net asset value before the Plan Agent has completed its purchases, the Plan Agent is permitted to cease purchasing shares and the Fund may issue
the remaining shares at a price equal to the greater of net asset value or 95% of the then-current share price. In a case where the Plan Agent has terminated open market purchases and the Fund has issued the remaining shares, the number of shares
received by the 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. The Plan Agent will apply all cash received to purchase shares as
soon as practicable after the payment date of the dividend or capital gains distribution, but in no event later than 30 days after that date, 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"><FONT FACE="ARIAL" SIZE="1">The Valuation Date is the dividend or capital gains distribution payment date or, if that date is not
a NYSE trading day, the immediately preceding trading day. All reinvestments are in full and fractional shares, carried to three decimal places. </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="2" COLOR="#334a73"><B>Is there a cost to participate? </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">There is no direct charge to participants
for reinvesting dividends and capital gains distributions, since the Plan Agent&#146;s fees are paid by the Fund. There are no brokerage charges for shares issued directly by the </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 36
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="88%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="11%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Unaudited)</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 SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="ARIAL" SIZE="1">Fund. Whenever shares are purchased on the NYSE or elsewhere in connection with the reinvestment of dividends or capital gains distributions, each participant will pay
a pro rata portion of brokerage commissions. Brokerage charges for purchasing shares through the Plan are expected to be less than the usual brokerage charges for individual transactions, because the Plan Agent will purchase shares for all
participants in blocks, resulting in lower commissions for each individual 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"><FONT FACE="ARIAL" SIZE="2"
COLOR="#334a73"><B>What are the tax implications for participants? </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">You will receive tax information annually for your personal records to help you prepare your
federal income tax return. The automatic reinvestment of dividends and capital gains distributions does not affect the tax characterization of the dividends and capital gains. Other questions should be directed to your tax 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"><FONT FACE="ARIAL" SIZE="2" COLOR="#334a73"><B>How do participating shareholders benefit? </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">You will build holdings in the Fund easily and automatically at reduced costs. You will receive a detailed account statement from the Plan Agent, showing total dividends and
distributions, dates of investments, shares acquired and price per share, and total shares of record held by you and by the Plan Agent for you. The proxy you receive in connection with the Fund&#146;s shareholder meetings will include shares
purchased for you by the Plan Agent according to 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"><FONT FACE="ARIAL" SIZE="1">As long as you participate
in the Plan, shares acquired through the Plan will be held for you in safekeeping in non-certificated form by Computershare Trust Co., N.A., the Plan Agent. This convenience provides added protection against loss, theft or inadvertent destruction of
certificates. </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="2" COLOR="#334a73"><B>Whom should I contact for additional information? </B>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">If you hold shares in your own name, please address all notices, correspondence, questions or other communications regarding the Plan to: </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%"><FONT FACE="ARIAL" SIZE="1">PIMCO Strategic Global Government Fund, Inc. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%"><FONT FACE="ARIAL" SIZE="1">c/o Computershare
Trust Co., N.A. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%"><FONT FACE="ARIAL" SIZE="1">250 Royall Street </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%"><FONT FACE="ARIAL" SIZE="1">Canton, MA
02021 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2%"><FONT FACE="ARIAL" SIZE="1">Telephone: 1-800-213-3606 </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">If your shares are not held in your name, you should contact your brokerage firm, bank or other nominee for more&nbsp;information. </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="2" COLOR="#334a73"><B>How do I enroll in the Plan? </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">If you hold shares of the Fund in your own name, you are already enrolled in this Plan. Your reinvestments will begin with the first dividend after you purchase your shares. If
your shares are held in the name of a brokerage firm, bank, or other nominee, you should contact your nominee to see if it will participate in the Plan on your behalf. If your nominee is unable to participate in the Plan on your behalf, you may want
to request that your shares be registered in your name with the Plan Agent so that you can participate in 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"><FONT FACE="ARIAL" SIZE="2" COLOR="#334a73"><B>Once enrolled in the Plan, may I withdraw from it? </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">You may withdraw from
the Plan without penalty at any time by providing written notice to Computershare Trust Co., N.A. Elections to withdraw from the Plan will be effective for distributions with a Record Date of at least ten days after such elections are received by
the Plan Agent. </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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 37
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="88%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="11%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Dividend Reinvestment Plan </B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Unaudited)</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 SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">If you withdraw, you will receive, without charge, a share certificate issued in your name for all full shares accumulated in your account from dividend and capital gains
distributions, plus a check for any fractional shares based on share price. </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">Experience
under the Plan may indicate that changes are desirable. Accordingly, either the Fund or the Plan Agent may amend or terminate the Plan. Participants will receive written notice at least 30 days before the effective date of any amendment. In the case
of termination, participants will receive written notice at least 30 days before the record date of any dividend or capital gains distribution by the Fund. </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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 38
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="11%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>
<A NAME="tx82810_16"></A>Management of the Fund</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Unaudited)</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 SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1">The chart below identifies the Directors and Officers of the Fund. Each &#147;interested&#148; Director as defined by the 1940 Act, is indicated by an asterisk (*). Unless
otherwise indicated, the address of all persons below is 840 Newport Center Drive, Newport Beach, CA 92660. </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="2"><B>Directors of the Fund </B></FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="20%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="29%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="31%"></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>Name, Age and<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL"
SIZE="1"><B>Position Held<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1"><B>with the Fund</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>Term of<BR>Office**&nbsp;and<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL"
SIZE="1"><B>Length of<BR>Time Served</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>Principal Occupation(s) During<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL"
SIZE="1"><B>Past 5 Years</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>Number<BR>of&nbsp;Funds</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL"
SIZE="1"><B>in Fund<BR>Complex<BR>Overseen<BR>by&nbsp;Director</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>Other Directorships<BR></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL"
SIZE="1"><B>Held by Director</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="9"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="2"><B>Disinterested Directors</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Francis&nbsp;E.&nbsp;Lundy<BR>70</B><I><BR></I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1"><I>Director</I>
</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since&nbsp;2/94</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">President, Technical Instrument&#151;San&nbsp;Francisco.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Director, Industrialex Manufacturing Corp. (coating and application techniques for electronics industry).</FONT></TD></TR>
<TR>
<TD VALIGN="top" ROWSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><I></I><B>James&nbsp;M.&nbsp;Whitaker<BR>65</B><I><BR></I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL"
SIZE="1"><I>Director, Vice Chairman of the Board</I></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">Since 2/94</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">Attorney at Law, sole practitioner.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<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="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" ROWSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Gregory S. Young</B><I><BR></I><B>50</B><I><BR></I></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL"
SIZE="1"><I>Director</I></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">Since 3/01</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">President, Teton Capital Management (private equity venture capital).</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ROWSPAN="3"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<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="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" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Carter W. Dunlap, Jr.</B><I><BR></I><B>52</B><I><BR></I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1"><I>Director</I></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">Since 6/02</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">Analyst/Portfolio Manager, Dunlap Equity Management (investment advisory).</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">1</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">None</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="ARIAL" SIZE="2"><B>Interested&nbsp;Director</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><I></I><B>R. Wesley Burns*</B><I><BR></I><B>48</B><I><BR></I></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1"><I>Director and Chairman</I></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">Since 3/06</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">Consulting Managing Director, PIMCO. Formerly, Director and Managing Director,&nbsp;PIMCO.</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">95</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">Trustee, PIMCO Funds; Director, PIMCO Commercial Mortgage Securities Trust, Inc.; Trustee, PIMCO Variable Insurance Trust;&nbsp;and Director, PS Business Parks,
Inc. (a Real Estate Investment Trust).</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="left"><FONT FACE="ARIAL" SIZE="1"><I>*</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Mr.&nbsp;Burns is an &#147;Interested Person&#148; of the Fund (as the term defined in the 1940 Act) because of his affiliations with PIMCO. </I></FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="ARIAL" SIZE="1"><I>**</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I>Term of office is three years. </I></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></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="81%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="12%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>Annual&nbsp;Report</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">January&nbsp;31,&nbsp;2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 39
</B></FONT></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="11%"></TD></TR>
<TR>
<TD HEIGHT="51"></TD>
<TD HEIGHT="51" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Management of the Fund </B></FONT><FONT FACE="ARIAL" SIZE="1">(Cont.)</FONT><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73">(Unaudited)</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 SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2"><B>Executive Officers </B></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="23%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="54%"></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="1"><B>Name, Age and</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="ARIAL" SIZE="1"><B>Position
Held with Trust</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1"><B>Term of Office<BR>and&nbsp;Length<BR>of Time Served</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1"><B>Principal Occupation(s) During Past 5 Years</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Ernest L. Schmider<BR>50</B><I><BR>President</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 5/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Managing Director, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>David C. Flattum<BR>43</B><I><BR>Chief Legal Officer</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 11/06</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Executive Vice President and General Counsel, PIMCO. Formerly, Managing Director, Chief Operating Officer and General Counsel, Allianz Global Investors of America L.P.; and Partner at Latham and Watkins
LLP.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Jennifer E. Durham<BR>37</B><I><BR>Chief Compliance Officer</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 7/04</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Senior Vice President, PIMCO. Formerly, Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Pasi Hamalainen<BR>40</B><I><BR>Senior Vice President</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Managing Director, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Daniel J. Ivascyn<BR>38</B><I><BR>Senior Vice President</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Managing Director, PIMCO. Formerly, Executive Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Jeffrey M. Sargent<BR>45</B><I><BR>Senior Vice President</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Executive Vice President, PIMCO. Formerly, Senior Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>J. Stephen King, Jr.<BR>45</B><I><BR>Vice President - Senior Counsel and Secretary</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 5/05</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Senior Vice President and Attorney, PIMCO. Formerly, Vice President, PIMCO and Associate, Dechert LLP.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Joshua D. Ratner</B><I><BR></I><B>31</B><I><BR>Assistant Secretary</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 10/07</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Vice President and Attorney, PIMCO. Formerly, Associate, Skadden, Arps, Slate, Meagher &amp; Flom LLP.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Henrik P. Larsen<BR>37</B><I><BR>Vice President</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Senior Vice President, PIMCO. Formerly, Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Michael J. Willemsen<BR>48</B><I><BR>Vice President</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>John P. Hardaway<BR>50</B><I><BR>Treasurer</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Executive Vice President, PIMCO. Formerly, Senior Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Erik C. Brown<BR>40</B><I><BR>Assistant Treasurer</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Senior Vice President, PIMCO. Formerly, Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Stacie D. Anctil<BR>38</B><I><BR>Assistant Treasurer</I></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Since 5/07</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="ARIAL" SIZE="1">Vice President, PIMCO.</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1"><I></I><B>Trent W. Walker<BR>33</B><I><BR>Assistant Treasurer</I></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">Since 5/07</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="ARIAL" SIZE="1">Vice President, PIMCO. Formerly, Senior Manager, PricewaterhouseCoopers LLP.</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="1%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="93%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>
 40
</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="ARIAL" SIZE="1" COLOR="#334a73"><B>PIMCO Strategic Global Government Fund, Inc.</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE>


<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="ARIAL" SIZE="2" COLOR="#ccd1dc"><B>Other Information </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="ARIAL" SIZE="2" COLOR="#334a73"><B>Investment Adviser and Administrator </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">Pacific
Investment Management Company LLC </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">840 Newport Center Drive </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL"
SIZE="2">Newport Beach, California 92660 </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" COLOR="#334a73"><B>Transfer Agent
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">Computershare Trust Co., N.A. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">250 Royall
Street </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">Canton, Massachusetts 02021 </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" COLOR="#334a73"><B>Custodian </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">State Street Bank&nbsp;&amp; Trust Co.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">801 Pennsylvania Avenue </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">Kansas City, Missouri
64105 </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" COLOR="#334a73"><B>Legal Counsel </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">Dechert LLP </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">1775 I Street, N.W. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">Washington, D.C. 20006 </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" COLOR="#334a73"><B>Independent Registered Public Accounting Firm </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">PricewaterhouseCoopers LLP </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">1055 Broadway </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:3%"><FONT FACE="ARIAL" SIZE="2">Kansas City, Missouri 64105 </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <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">PIMCO Strategic Global Government Fund, Inc.
</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="2">This report, including the financial statements herein, is provided to the shareholders
of PIMCO Strategic Global Government Fund, Inc. for their information. This is not a prospectus, circular or representation intended for use in the purchase of shares of the Fund or any securities mentioned in this report. </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="2">3675-SAR-07 </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


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

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="90%"></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;2.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>Code of Ethics. </B><B></B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></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" COLSPAN="3"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As of the end of the period covered by this report, the registrant has adopted a code of ethics (the &#147;Code&#148;) that applies to
the registrant&#146;s principal executive officer and principal financial officer. During the period, the Code was amended to clarify certain defined terms, address the role of the registrant&#146;s Chief Compliance Officer and provide for the
public disclosure of any amendments or waivers. The registrant did not grant any waivers, including implicit waivers, from any provisions of the Code to the principal executive officer or principal financial officer during the period covered by this
report.</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="2">A copy of the Code is included as an exhibit to this
report.</FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Item 3.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2"><B>Audit Committee Financial Expert.</B></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></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" NOWRAP><FONT FACE="Times New Roman" SIZE="2">(a)(1)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">The Board of Directors of PIMCO Strategic Global Government Fund, Inc. (the &#147;Fund&#148; or &#147;Registrant&#148;) has determined that the Fund has at least one &#147;audit committee
financial expert,&#148; as such term is defined in the instructions to this Item 3, serving on its audit oversight committee (the &#147;Audit Committee&#148;).</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></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 FACE="Times New Roman" SIZE="2">(a)(2)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">The audit committee financial expert is Gregory S. Young. Mr. Young is independent as defined in the instructions to Item 3 of Form N-CSR.</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="5%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="8"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Item&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="7"><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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="41%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="40%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><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;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">(a)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Fiscal Year Ended&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P><HR WIDTH="26125" SIZE="1" NOSHADE ALIGN="left"
COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Audit&nbsp;Fees</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></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"><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;</FONT></TD>
<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="2">January 31, 2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32,154</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">January 31, 2007</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">38,661</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 HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><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;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B></B>(b)<B></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Fiscal Year Ended&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P><HR WIDTH="26125" SIZE="1" NOSHADE ALIGN="left"
COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Audit-Related&nbsp;Fees<SUP>(1)</SUP></B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></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"><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;</FONT></TD>
<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="2">January 31, 2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">January 31, 2007</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,200</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 HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><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;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B></B>(c)<B></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Fiscal Year Ended&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P><HR WIDTH="26125" SIZE="1" NOSHADE ALIGN="left"
COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Tax Fees<SUP>(2)</SUP></B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></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"><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;</FONT></TD>
<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="2">January 31, 2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">January 31, 2007</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">350</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 HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><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;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B></B>(d)<B></B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Fiscal Year Ended&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></P><HR WIDTH="26125" SIZE="1" NOSHADE ALIGN="left"
COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>All&nbsp;Other&nbsp;Fees<SUP>(3)</SUP></B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></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"><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;</FONT></TD>
<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="2">January 31, 2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">January 31, 2007</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&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>
</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="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="43%"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="8"></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 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="bottom" COLSPAN="7"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">&#147;Audit Fees&#148; represents aggregate fees billed for each of the last two fiscal years for professional services rendered for
the audit of the Fund annual financial statements for those fiscal years or services that are normally provided by the accountant in connection with statutory or regulatory filings or engagements for those fiscal years.</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">&#147;Audit-Related Fees&#148; represents aggregate fees billed for each of the last two
fiscal years for assurance and related services reasonably related to the performance of the audit of the Fund&#146;s annual financial statements for those years.</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">&#147;Tax Fees&#148; represents aggregate fees billed for each of the last two fiscal years for professional services related to tax
compliance, tax advice and tax planning, including review of federal and state income tax returns, review of excise tax distribution requirements and preparation of excise tax returns.</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">&#147;All Other Fees&#148; represents aggregate fees, if any, billed for other products and services rendered by the principal accountant to
the Fund for the last two fiscal years.</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"></FONT><FONT FACE="Times New Roman"
SIZE="1"><SUP>(1)</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> Includes aggregate fees billed for review of the Registrant&#146;s semi-annual reports to shareholders.</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"></FONT><FONT FACE="Times New Roman" SIZE="1"><SUP>(2)</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> Includes aggregate fees billed for
review of the Registrant&#146;s tax returns.</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT
FACE="Times New Roman" SIZE="1"><SUP>(3)</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> There were no &#147;Other Fees&#148; for the last two fiscal years.</FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="6"></TD>
<TD HEIGHT="8" COLSPAN="2"></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 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">(e)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5"><FONT FACE="Times New Roman" SIZE="2">Pre-approval policies and procedures</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="88%"></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 SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="9" 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></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 SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#000000" ALIGN="left"></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;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">(1)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The Registrant&#146;s Audit Committee has adopted pre-approval policies and procedures (the &#147;Procedures&#148;) to govern the Audit Committee&#146;s pre-approval of (i)&nbsp;all audit
services and permissible non-audit services to be provided to the Registrant by its independent accountant, and (ii)&nbsp;all permissible non-audit services to be provided by such independent accountant to the Registrant&#146;s investment adviser
and to any entity controlling, controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant (collectively, the &#147;Service Affiliates&#148;) if the services provided directly relate to the
Registrant&#146;s operations and financial reporting. In accordance with the Procedures, the Audit Committee is responsible for the engagement of the independent accountant to certify the Registrant&#146;s financial statements for each fiscal year.
With respect to the pre-approval of non-audit services provided to the Registrant and its Service Affiliates, the Procedures provide that the Audit Committee may annually pre-approve a list of types or categories of non-audit services that may be
provided to the Registrant or its Service Affiliates, or the Audit Committee may pre-approve such services on a project-by-project basis as they arise. Unless a type of service has received general pre-approval, it will require specific pre-approval
by the Audit Committee if it is to be provided by the independent accountant. The Procedures also permit the Audit Committee to delegate authority to one or more of its members to pre-approve any proposed non-audit services that have not been
previously pre-approved by the Committee, subject to the ratification by the full Audit Committee no later than its next scheduled meeting.</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 SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><HR SIZE="1" NOSHADE COLOR="#000000" ALIGN="left"></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;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">(2)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">With respect to the services described in paragraphs (b)&nbsp;through (d)&nbsp;of this Item&nbsp;4, no amount was approved by the Audit Committee pursuant to paragraph (c)(7)(i)(C) of Rule 2-01
of Regulation S-X.</FONT></TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></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 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">(f)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Not applicable.</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;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></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 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">(g)</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;&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>
</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="1%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="38%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="36%"></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>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Aggregate&nbsp;Non-Audit&nbsp;Fees&nbsp;Billed&nbsp;to&nbsp;Entity</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Entity</B></FONT></P><HR WIDTH="8637" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>January&nbsp;31,&nbsp;2008</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>January&nbsp;31,&nbsp;2007</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></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"><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">PIMCO Strategic Global Government Fund, Inc.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,550</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"><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">Pacific Investment Management Company LLC</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">827,309</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">542,481</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="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;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="1" NOSHADE COLOR="#000000"></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"><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">Totals</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">828,309</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">548,031</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="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;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE ALIGN="right" COLOR="#000000"></TD>
<TD VALIGN="bottom"><HR SIZE="3" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</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" ALIGN="center">

<TR>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="93%"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></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;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">(h)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The Registrant&#146;s Audit Committee has considered whether the provision of non-audit services that were rendered to the Registrant&#146;s investment adviser, and any entity controlling,
controlled by, or under common control with the investment adviser that provides ongoing services to the Registrant that were not pre-approved (not requiring pre-approval) is compatible with maintaining the principal accountant&#146;s independence.
</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="11%" 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:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">The Registrant has a separately-designated standing Audit Committee established in accordance with Section 3(a)(58)(A) of the Securities Exchange Act of
1934, as amended. The members of the Audit Committee are: </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%"><FONT FACE="Times New Roman"
SIZE="2">Carter W. Dunlap, Jr. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">Francis E. Lundy </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT
FACE="Times New Roman" SIZE="2">Gregory S. Young </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">James M. Whitaker </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="11%" 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:13%"><FONT FACE="Times New Roman" SIZE="2">The Schedule of Investments is included as part of the report to shareholders under Item 1. </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="11%" 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>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="11%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="6%" 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">PIMCO has adopted written proxy voting policies and procedures (&#147;Proxy Policy&#148;) as required by Rule 206(4)-6 under the Investment Advisers Act of 1940, as amended. The
Proxy Policy has been adopted by the Registrant as the policies and procedures that PIMCO will use when voting proxies on behalf of the Registrant. Recognizing that proxy voting is a rare event in the realm of fixed income investing and is typically
limited to solicitation of consent to changes in features of debt securities, the Proxy Policy also applies to any voting rights and/or consent rights of PIMCO, on behalf of the Registrant, with respect to debt securities, including but not limited
to, plans of reorganization, and waivers and consents under applicable indentures. </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:17%"><FONT FACE="Times New Roman" SIZE="2">The Proxy Policy is designed and implemented in a manner reasonably expected to ensure that voting and consent rights are exercised in the best interests
of the Registrant and its shareholders. Each proxy is voted on a case-by-case basis taking into consideration any relevant contractual obligations as well as other relevant facts and circumstances at the time of the vote. In general, PIMCO reviews
and considers corporate governance issues related to proxy matters and generally supports proposals that foster good corporate governance practices. PIMCO may vote proxies as recommended by management on routine matters related to the operation of
the issuer and on matters not expected to have a significant economic impact on the issuer and/or its shareholders. </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:17%"><FONT FACE="Times New Roman" SIZE="2">PIMCO will supervise and periodically review its proxy voting activities and implementation of the Proxy Policy. PIMCO will review each proxy to
determine whether there may be a material conflict between PIMCO and the Registrant. If no conflict exists, the proxy will be forwarded to the appropriate portfolio manager for consideration. If a conflict does exist, PIMCO will seek to resolve any
such conflict in accordance with the Proxy Policy. PIMCO seeks to resolve any material conflicts of interest by voting in good faith in the best interest of the Registrant. If a material conflict of interest should arise, PIMCO will seek to resolve
such conflict in the Registrant&#146;s best interest by pursuing any one of the following courses of action: (i) convening a committee to assess and resolve the conflict; (ii) voting in accordance with the instructions of the Board; (iii) voting in
accordance with the recommendation of an independent third-party service provider; (iv) suggesting to the Board that the Registrant engage another party to determine how the proxy should be voted; (v) delegating the vote to a third-party service
provider; or (vi) voting in accordance with the factors discussed in the Proxy Policy. </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="11%" 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>Portfolio Managers of Closed-End Management Investment Companies. </B><B></B><B> </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:13%"><FONT FACE="Times New Roman" SIZE="2"><B>Portfolio Manager </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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">Daniel J. Ivascyn, as portfolio manager, is responsible for the day-to-day management of the Fund. The table below provides information about Mr.
Ivascyn. </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="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="74%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Portfolio&nbsp;Manager</B></FONT></P><HR WIDTH="13504" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Since</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Recent Professional Experience</B></FONT></P><HR SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></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 FACE="Times New Roman" SIZE="2">Daniel&nbsp;J.&nbsp;Ivascyn</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">2/02</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Managing Director, PIMCO. He joined PIMCO as a Portfolio Manager in 1998, and is a member of PIMCO&#146;s mortgage and ABS team.</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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><B>Other Accounts
Managed </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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">Mr. Ivascyn also manages other registered
investment companies, other pooled investment vehicles and other accounts, as indicated below. The following table identifies, as of January 31, 2008: (i) the number of registered investment companies, pooled investment vehicles and other accounts
managed by the portfolio manager; and (ii) the total assets of such companies, vehicles and accounts, and the number and total assets of such companies, vehicles and accounts with respect to which the advisory fee is based on performance.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="87%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">

<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Total</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Number&nbsp;of</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Accounts</B></FONT><BR><HR SIZE="1"
NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Total&nbsp;Assets<BR>of All<BR>Accounts</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>(in&nbsp;$Millions)</B></FONT><BR><HR SIZE="1" NOSHADE
COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Number of<BR>Accounts&nbsp;Paying&nbsp;a<BR>Performance Fee</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Total&nbsp;Assets&nbsp;of<BR>Accounts</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Paying&nbsp;a<BR>Performance<BR>Fee</B></FONT><br><FONT
FACE="Times New Roman" SIZE="1"><B>(in&nbsp;$Millions)</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><I>Mr. Ivascyn</I></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;</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></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Registered Investment Companies</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">6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,693.96</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">N/A</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other Pooled Investment Vehicles</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,109.78</FONT></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>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,034.49</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other Accounts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,471.24</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></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">2,166.23</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><B>Conflicts of
Interest </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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">From time to time, potential conflicts of
interest may arise between the portfolio manager&#146;s management of the investments of the Fund, on the one hand, and the management of other accounts, on the other. The other accounts might have similar investment objectives or strategies as the
Fund, track the same index the Fund tracks or otherwise hold, purchase, or sell securities that are eligible to be held, purchased or sold by the Fund. The other accounts might also have different investment objectives or strategies than 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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><I>Knowledge and Timing of Fund Trades.</I> A potential
conflict of interest may arise as a result of the portfolio manager&#146;s day-to-day management of the Fund. Because of his position with the Fund, the portfolio manager knows the size, timing and possible market impact of the Fund&#146;s trades.
It is theoretically possible that the portfolio manager could use this information to the advantage of other accounts he manages and to the possible detriment of 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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2"><I>Investment Opportunities</I>. A potential conflict of interest may arise as a result of the portfolio manager&#146;s management of a
number of accounts with varying investment guidelines. Often, an investment opportunity may be suitable for both the Fund and the other accounts managed by the portfolio manager, but may not be available in sufficient quantities for both the Fund
and the other accounts to participate fully. Similarly, there may be limited opportunity to sell an investment held by the Fund and another account. PIMCO has adopted policies and procedures reasonably designed to allocate investment opportunities
on a fair and equitable basis over time. </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:13%"><FONT FACE="Times New Roman" SIZE="2">Under PIMCO&#146;s
allocation procedures, investment opportunities are allocated among various investment strategies based on individual account investment guidelines and PIMCO&#146;s investment outlook. PIMCO has also adopted additional procedures to complement the
general trade allocation policy that are designed to address potential conflicts of interest due to the side-by-side management of the Fund and certain pooled investment vehicles, including investment opportunity allocation issues. </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:13%"><FONT FACE="Times New Roman" SIZE="2"><I>Performance Fees</I>. The portfolio manager may advise certain accounts
with respect to which the advisory fee is based entirely or partially on performance. Performance fee arrangements may create a conflict of interest for the portfolio manager in that the portfolio manager may have an incentive to allocate the
investment opportunities that he believes might be the most profitable to such other accounts instead of allocating them to the Fund. PIMCO has adopted policies and procedures reasonably designed to allocate investment opportunities between the Fund
and such other accounts on a fair and equitable basis over time. </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:13%"><FONT FACE="Times New Roman"
SIZE="2"><B>Portfolio Manager Compensation </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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">PIMCO has
adopted a &#147;Total Compensation Plan&#148; for its professional level employees, including the portfolio manager, that is designed to pay competitive compensation and reward performance, integrity and teamwork consistent with the firm&#146;s
mission statement. The Total Compensation Plan includes a significant incentive component that rewards high performance standards, work ethic and consistent individual and team contributions to the firm. Mr. Ivascyn, as a Managing Director of PIMCO,
receives a base salary and also receives compensation from PIMCO&#146;s profits. Certain employees of PIMCO, including portfolio managers, may elect to defer compensation through PIMCO&#146;s deferred compensation plan. PIMCO also offers its
employees a non-contributory defined contribution plan through which PIMCO makes a contribution based on the employee&#146;s compensation. PIMCO&#146;s contribution rate increases at a specified compensation level, which is a level that would
include portfolio managers. </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:13%"><FONT FACE="Times New Roman" SIZE="2"><I>Salary</I>. Base salaries are
determined by considering an individual portfolio manager&#146;s experience and expertise and may be reviewed for adjustment annually. </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:13%"><FONT FACE="Times New Roman" SIZE="2">Investment professionals, including the portfolio manager, are eligible to participate in a Long Term Cash Bonus Plan (&#147;Cash Bonus Plan&#148;),
which provides cash awards that appreciate or depreciate based upon the performance of PIMCO&#146;s parent company, Allianz Global Investors of America L.P. (&#147;AGI&#148;), and PIMCO over a three-year period. The aggregate amount available for
distribution to participants is based upon AGI&#146;s profit growth and PIMCO&#146;s profit growth. Participation in the Cash Bonus Plan is based upon the Bonus Factors (as defined below), and the payment of benefits from the Cash Bonus Plan, is
contingent upon continued employment at PIMCO. </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:13%"><FONT FACE="Times New Roman" SIZE="2"><I>Profit
Sharing Plan.</I> Instead of a bonus, Mr. Ivascyn as a Managing Director of PIMCO receives compensation from a non-qualified profit sharing plan consisting of a portion of PIMCO&#146;s net profits. Mr. Ivascyn, as a Managing Director receives an
amount determined by the Managing Director Compensation Committee, based upon his individual overall contribution to the firm and the Bonus Factors (as defined 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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">In addition, the following non-exclusive list of qualitative criteria (collectively, the &#147;Bonus Factors&#148;) may be considered when
determining the compensation from the profit sharing plan for Mr. Ivascyn: </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="16%"><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">3-year, 2-year and 1-year dollar-weighted and account-weighted pre-tax investment performance as judged against the applicable benchmarks for each account managed
by Mr. Ivascyn, including the Fund, and relative to applicable industry peer groups; </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="16%"><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">Appropriate risk positioning that is consistent with PIMCO&#146;s investment philosophy and the Investment Committee/CIO approach to the generation of alpha;
</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="16%"><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">Amount and nature of assets managed by Mr. Ivascyn; </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="16%"><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">Consistency of investment performance across portfolios of similar mandate and guidelines (reward low dispersion); </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="16%"><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">Generation and contribution of investment ideas in the context of PIMCO&#146;s secular and cyclical forums, portfolio strategy meetings, Investment Committee
meetings, and on a day-to-day basis; </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="16%"><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">Absence of defaults and price defaults for issues in the portfolios managed by Mr. Ivascyn; </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="16%"><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">Contributions to asset retention, gathering and client satisfaction; </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="16%"><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">Contributions to mentoring, coaching and/or supervising; and </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="16%"><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">Personal growth and skills added. </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:13%"><FONT FACE="Times New Roman" SIZE="2">Mr. Ivascyn&#146;s compensation is not based directly on the performance of the Fund or any other account he manages. Final award amounts are determined
by the PIMCO Compensation Committee. </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:13%"><FONT FACE="Times New Roman" SIZE="2">From time to time, under
the PIMCO Class B Unit Purchase Plan, Managing Directors and certain executive management of PIMCO may become eligible to purchase Class B Units of PIMCO. Upon their purchase, the Class B Units are immediately exchanged for Class A Units of PIMCO
Partners, LLC, a California limited liability company that holds a minority interest in PIMCO and is owned by the Managing Directors and certain executive management of PIMCO. The Class A Units of PIMCO Partners, LLC entitle their holders to
distributions of a portion of the profits of PIMCO. The PIMCO Compensation Committee determines which Managing Directors and executive management may purchase Class B Units and the number of Class B Units that each may purchase. The Class B Units
are purchased pursuant to full recourse notes issued to the holder. The base compensation of each Class B Unit holder is increased in an amount equal to the principal amortization applicable to the notes given by the Managing Director or member of
executive management. </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:13%"><FONT FACE="Times New Roman" SIZE="2">Mr. Ivascyn, as a Managing Director,
also has a long-term employment contract, which guarantees severance payments in the event of involuntary termination of his employment with PIMCO. </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:13%"><FONT FACE="Times New Roman" SIZE="2"><B>Securities Ownership </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; margin-left:13%"><FONT FACE="Times New Roman" SIZE="2">The table below shows the dollar range of shares of the Fund beneficially owned as of January 31, 2008, by the portfolio manager of the Fund. </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="85%" BORDER="0">

<TR>
<TD WIDTH="49%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Portfolio Manager</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Dollar Range of Shares Owned</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Daniel J. Ivascyn</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$100,001 - 500,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
</TABLE></DIV> <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="11%" 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 Purchases. </B> <B></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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Registrant Purchases of Equity Securities </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" ALIGN="center">

<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="1"><B>Period</B></FONT></P><HR WIDTH="44" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(a) Total</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Number of</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Shares (or</B></FONT><br><FONT
FACE="Times New Roman" SIZE="1"><B>Units)</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Purchased*</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(b)&nbsp;Average</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Price Paid</B></FONT><br><FONT FACE="Times New Roman"
SIZE="1"><B>per&nbsp;Share&nbsp;(or</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Unit)</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(c)&nbsp;Total&nbsp;Number&nbsp;of&nbsp;Shares</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>(or Units) Purchased as Part</B></FONT><br><FONT FACE="Times New Roman"
SIZE="1"><B>of&nbsp;Publicly&nbsp;Announced&nbsp;Plans</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>or Programs*</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(d)&nbsp;Maximum&nbsp;Number&nbsp;(or&nbsp;Approximate</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Dollar Value) of Shares (or Units)</B></FONT><br><FONT
FACE="Times New Roman" SIZE="1"><B>that May Yet Be Purchased Under the</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Plans or Programs</B></FONT><BR><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Month #1 (August 1, 2007 -<BR>August 31, 2007)</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">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">N/A</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Month #2 (September 1, 2007 -<BR>September 30, 2007)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">N/A</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Month #3 (October 1, 2007 -<BR>October 31, 2007)</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">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">N/A</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Month #4 (November 1, 2007 -<BR>November 30, 2007)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32,034.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.85</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32,034.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">N/A</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Month #5 (December 1, 2007 -<BR>December 31, 2007)</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">31,818.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.76</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">31,818.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">N/A</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Month #6 (January 1, 2008 -<BR>January 31, 2008)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">N/A</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</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">63,852.00</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;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><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="2%" 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">Shares purchased include purchases made on the open market by the agent of the Fund&#146;s Dividend Reinvestment Plan pursuant to such plan. </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="11%" 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:13%"><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="11%" 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="11%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="7%" 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 principal executive officer and principal financial officer of PIMCO Strategic Global Government Fund, Inc. (the &#147;Fund&#148;) have concluded that the Fund&#146;s disclosure
controls and procedures (as defined in Rule 30a-3(c) under the 1940 Act, as amended (&#147;1940 Act&#148;)) provide reasonable assurances that material information relating to the Fund is made known to them by the appropriate persons, based on their
evaluation of these controls and procedures as of a date within 90 days of the filing of 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="11%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="7%" 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 Fund&#146;s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the second fiscal quarter of
the period covered by this report that have materially affected, or are reasonably likely to materially affect, the Fund&#146;s internal control over financial reporting. </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="11%" 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><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="93%" BORDER="0">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="95%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" ALIGN="right"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(a)&nbsp;(1)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Exhibit 99. CODE&#151;Code of Ethics pursuant to Section 406 of the Sarbanes-Oxley Act of 2002.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" COLSPAN="3" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Exhibit 99.CERT&#151;Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="3" 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="2">Exhibit 99.906CERT&#151;Certifications of Principal Executive Officer and Principal Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</FONT></TD></TR>
</TABLE></DIV>

<p Style='page-break-before:always'>
<HR  SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Signatures </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">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT FACE="Times New Roman" SIZE="2">PIMCO Strategic Global Government Fund, Inc.</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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ Ernest L. Schmider</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Ernest L. Schmider</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"><FONT FACE="Times New Roman" SIZE="2">President, Principal Executive Officer</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">Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">April 4, 2008</FONT></TD></TR>
</TABLE></DIV> <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> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ Ernest L. Schmider</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Ernest L. Schmider</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"><FONT FACE="Times New Roman" SIZE="2">President, Principal Executive Officer</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">Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">April 4, 2008</FONT></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:-6px"><FONT SIZE="1">&nbsp;</FONT></P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="10%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ John P. Hardaway</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">John P. Hardaway</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"><FONT FACE="Times New Roman" SIZE="2">Treasurer, Principal Financial Officer</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">Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">April 4, 2008</FONT></TD></TR>
</TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE
<SEQUENCE>2
<FILENAME>dex99code.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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>Code of Ethics Pursuant to Section&nbsp;406 of the Sarbanes-Oxley Act of 2002 for
</U></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>Principal Executive and Senior Financial Officers </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>PIMCO Strategic Global Government Fund, Inc. (&#147;RCS&#148;) </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT 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 Persons/Purpose of the Code </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This Code of Ethics (this
&#147;Code&#148;) pursuant to Section&nbsp;406 of the Sarbanes-Oxley Act of 2002 has been adopted by PIMCO Strategic Global Government Fund, Inc. (the &#147;Fund&#148;) and, except as provided in Section VI below, applies to the Fund&#146;s
Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer (the &#147;Covered Person&#148;). Each Covered Person is identified in <U>Exhibit B.</U> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">This Code has been adopted for the purpose of promoting: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><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></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">full, fair, accurate, timely and understandable disclosure in reports and documents that a Fund files with, or submits to, the Securities and Exchange Commission
(&#147;SEC&#148;) and in other public communications made by a Fund; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">compliance with applicable laws and governmental rules and regulations; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><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></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">accountability for adherence to the Code. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Each
Covered Person should adhere to a high standard of business ethics and should be sensitive to situations that may give rise to conflicts of interest. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>II.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Covered Persons Should Handle Ethically Any Actual or Apparent Conflicts of Interest </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>Overview</B>. A &#147;conflict of interest&#148; occurs when a Covered Person&#146;s private interest interferes with the interests of, or his service to, the Fund. For example, a conflict of interest would arise
if a Covered Person, or a member of the Covered Person&#146;s family, receives improper personal benefits as a result of the Covered Person&#146;s position with the Fund. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Certain conflicts of interest arise out of the relationships between Covered Persons and the Fund and already are subject to conflict of interest provisions and procedures in the Investment Company Act of 1940
(including the regulations thereunder, the &#147;1940 Act&#148;) and the Investment Advisers Act of 1940 (including the regulations thereunder, the </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">&#147;Investment Advisers Act&#148;). Indeed, conflicts of interest are endemic for certain registered management investment companies and those conflicts
are both substantially and procedurally dealt with under the 1940 Act. For example, Covered Persons may not engage in certain transactions with a Fund because of their status as &#147;affiliated persons&#148; of such Fund. The compliance program of
the Fund and the compliance programs of its investment adviser (including sub-advisers), principal underwriter and administrator or sub-administrator (each a &#147;Service Provider&#148; and, collectively, the &#147;Service Providers&#148;) are
reasonably designed to prevent, or identify and correct, violations of many of those provisions, although they are not designed to provide absolute assurance as to those matters. 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. <I>See also</I> Section V of this Code. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><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 Fund and its Service Providers of which the Covered Persons are also officers or employees. As a result, this
Code recognizes that the Covered Persons will, in the normal course of their duties (whether for the Fund or for a Service Provider, or for both), be involved in establishing policies and implementing decisions that will have different effects on
the Service Providers and the Fund. The participation of the Covered Persons in such activities is inherent in the contractual relationships between the Fund and its Service Providers and is consistent with the performance by the Covered Persons of
their duties as officers of the Fund. Thus, if performed in conformity with the provisions of the 1940 Act, the Investment Advisers Act, other applicable law and the Fund&#146;s constitutional documents, such activities will be deemed to have been
handled ethically. Frequently, the 1940 Act establishes, as a mechanism for dealing with conflicts, disclosure to and approval by the Directors of the Fund who are not &#147;interested persons&#148; of such Fund under the 1940 Act. In addition, it
is recognized by the Fund&#146;s Boards of Directors (the &#147;Board&#146;) that the Covered Persons may also be officers or employees of one or more other investment companies covered by this or other codes and that such service, by itself, does
not give rise to a conflict of interest. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Other conflicts of interest are covered by the Code, even if such conflicts of interest are not the subject of
provisions of the 1940 Act and the Investment Advisers Act. The following list provides examples of conflicts of interest under the Code, but Covered Persons should bear in mind that these examples are not exhaustive. The overarching principle is
that the personal interest of a Covered Person should not be placed improperly before the interest of the Fund, unless the personal interest has been disclosed to and approved by other officers of the Fund or the Fund&#146;s Independent Directors.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </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">Each Covered Person must not: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">use his personal influence or personal relationships improperly to influence investment decisions or financial reporting by the Fund whereby the Covered Person
would benefit personally to the detriment of the Fund; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">cause the Fund to take action, or fail to take action, for the individual personal benefit of the Covered Person rather than the benefit of the Fund; or
</FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">retaliate against any other Covered Person or any employee of the Fund or its Service Providers for reports of potential violations that are made in good faith.
</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">There are some conflict of interest situations that should always be submitted for approval by the President of the Fund (or, with
respect to activities of the President, by the Chairman of the Fund or, if the same person holds the titles of President and Chairman, by the Independent Directors). These conflict of interest situations are listed below: </FONT></P> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">service on the board of directors or governing board of a publicly traded entity; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; padding-bottom:3px; margin-top:-2px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:95%; vertical-align:top"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></P></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:95%; vertical-align:top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">acceptance of any investment opportunity or of any material gift or gratuity from any person or entity that does
business, or desires to do business, with the Fund. For these purposes, material gifts do not include (i)&nbsp;gifts from a single giver so long as their aggregate annual value does not exceed the equivalent of $500.00 or (ii)&nbsp;attending
business meals, business related conferences, sporting events and other entertainment events at the expense of a giver, so long as the expense is reasonable and both the Covered Person and the giver are present.</FONT><FONT FACE="Times New Roman"
SIZE="1"><SUP>1</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"> </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">any ownership interest in, or any consulting or employment relationship with, any entities doing business with the Fund, other than a Service Provider or an
affiliate of a Service Provider. This restriction shall not apply to or otherwise limit the ownership of publicly traded securities so long as the Covered Person&#146;s ownership does not exceed more than 2% of the outstanding securities of the
relevant class. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">a direct or indirect financial interest in commissions, transaction charges or spreads paid by the Fund for effecting portfolio transactions or for selling or
redeeming shares other than an interest arising from the Covered Person&#146;s employment with a Service Provider or its affiliate. This restriction shall not apply to or otherwise limit the ownership of publicly traded securities so long as the
Covered Person&#146;s ownership does not exceed more than 2% of the particular class of security outstanding. </FONT></P></TD></TR></TABLE> <P
STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; padding-bottom:3px; margin-top:-2px" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"> <P STYLE="line-Height:95%; vertical-align:top"><FONT FACE="Times New Roman" SIZE="2"></FONT><FONT FACE="Times New Roman" SIZE="1"><SUP>1</SUP></FONT><FONT FACE="Times New Roman" SIZE="2"></FONT></P></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="line-height:95%; vertical-align:top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">The $500.00 threshold was taken from the PIMCO Code of Ethics. In the event a Covered Person is a registered
representative of Allianz Global Investors Distributors LLC, the aggregate annual gift value from a single giver shall not exceed $100.00. </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"><FONT FACE="Times New Roman" SIZE="2">3 </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>Disclosure and Compliance </B></FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">No Covered Person should knowingly misrepresent, or cause others to misrepresent, facts about the Fund to others, whether within or outside the Fund, including to
the Fund&#146;s Board and auditors, and to governmental regulators and self-regulatory organizations; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">each Covered Person should, to the extent appropriate within his area of responsibility, consult with other officers and employees of the Fund and the Service
Providers or with counsel to the Fund with the goal of promoting full, fair, accurate, timely and understandable disclosure in the registration statements, proxy statements or periodic reports that the Fund files with, or submits to, the SEC;
(which, for sake of clarity, does not include any sales literature, omitting prospectuses, or &#147;tombstone&#148; advertising prepared by the Fund&#146;s principal underwriter(s)); and </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">it is the responsibility of each Covered Person to promote compliance with the standards and restrictions imposed by applicable laws, rules and regulations.
</FONT></P></TD></TR></TABLE> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>IV.</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:6px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">Each Covered Person
must: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">upon adoption of the Code (or thereafter as applicable, upon becoming a Covered Person), affirm in writing to the Fund that he has received, read, and understands
the Code; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">provide full and fair responses to all questions asked in any Director and Officer Questionnaire provided by the Fund as well as with respect to any supplemental
request for information; and </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">notify the President of the Fund promptly if he is convinced to a moral certainty that there has been a material violation of this Code (with respect to violations
by a President, the Covered Person shall report to the Chairman of the Fund or, if the same person holds the titles of President and Chairman, to the Independent Directors). </FONT></P></TD></TR></TABLE> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The President of the Fund is responsible for applying this Code to specific situations in which questions are presented under it and, in consultation with the
Fund&#146;s Chief Compliance Officer (&#147;CCO&#148;), has the authority to interpret this Code in any particular situation. However, any approvals or waivers sought by the President will be considered by the Chairman of the Fund, or if the same
person holds the titles of President and Chairman, to the Independent Directors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Fund will follow these procedures in investigating and enforcing this
Code: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">the President will take all appropriate action to investigate any potential material violations reported to him, which actions may include the use of internal or
external counsel, accountants or other personnel; </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"><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="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">if, after such investigation, the President believes that no material violation has occurred, the President is not required to take any further action;
</FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">any matter that the President believes is a material violation will be reported to the Fund&#146;s CCO; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">if the CCO concurs that a material violation has occurred, it will inform and make a recommendation to the Fund&#146;s Board, which will consider appropriate
action, which may include review of, and appropriate modifications to applicable policies and procedures; notification to appropriate personnel of a Service Provider or its board; or a recommendation to dismiss the Covered Person, and;
</FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><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"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">the Board of Directors may grant waivers under this Code, as it deems appropriate; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>V.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Public Disclosure of Changes and Waivers </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Any changes to this Code
will, to the extent required by the SEC&#146;s rules, be disclosed on the Fund&#146;s website or in the Fund&#146;s N-CSR. Any waivers under this Code relating to a Covered Person will, to the extent required by the SEC&#146;s rules, be disclosed on
the Fund&#146;s website or in the Fund&#146;s N-CSR. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>VI.</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:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This Code shall be the sole code of
ethics adopted by the Fund for purposes of Section&nbsp;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 Fund or its Service Providers
govern or purport to govern the behavior or activities of the Covered Persons who are subject to this Code, they are superseded by this Code to the extent that they conflict with the provisions of this Code. The Fund and its Service Providers&#146;
codes of ethics under Rule 17j-1 under the 1940 Act and the Service Providers&#146; more detailed compliance policies and procedures are separate requirements applying to the Covered Persons and others, and are not part of this Code. </FONT></P> <P
STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>VII.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>Amendments </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Any material amendments to this Code, other than
amendments to <U>Exhibit A</U>, must be approved or ratified by a majority vote of the Board. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B>VIII.</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:6px;margin-bottom:0px"><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 except as permitted by the Board. </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">5 </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>IX.</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:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Code is intended solely for the internal use by
the Fund and does not constitute an admission, by or on behalf of the Fund, as to any fact, circumstance, or legal conclusion. </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">6 </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="2">History of Amendments </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><U>History of Adoption and Amendments </U></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Adopted: September&nbsp;29, 2004 </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Effective: October&nbsp;5, 2004 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Amended: April&nbsp;1, 2005 (immaterial
change) </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Amended: April&nbsp;28, 2006 (immaterial 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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">7 </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="2"><B>Exhibit A </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><U>Registered Investment Companies Covered by this Code </U></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">PIMCO Strategic Global Government Fund, Inc. (RCS) </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="2"><B>Exhibit B </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><U>Persons Covered by this Code of Ethics </U></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="26%"></TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Fund</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Principal&nbsp;Executive<BR>Officer</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Principal<BR>Financial&nbsp;Officer</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Principal Accounting<BR>Officer</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">RCS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Ernest&nbsp;L.&nbsp;Schmider</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">John&nbsp;P.&nbsp;Hardaway</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">John&nbsp;P.&nbsp;Hardaway</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Note that a listed officer is only a &#147;Covered Person&#148; of the Fund(s) for which he or she serves as a
Principal Executive Officer, Principal Financial Officer or Principal Accounting Officer. </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>3
<FILENAME>dex99cert.htm
<DESCRIPTION>CERTIFICATION UNDER RULE 30A-2(A)
<TEXT>
<HTML><HEAD>
<TITLE>Certification Under Rule 30a-2(a)</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>EX.-99.CERT </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B><U>Certification Under Rule 30a-2(a) </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" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>CERTIFICATION </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:2%; text-indent:-2%"><FONT FACE="Times New Roman"
SIZE="2">I, Ernest L. Schmider, certify that: </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="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 PIMCO Strategic Global Government Fund, Inc.; </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%"><FONT SIZE="1">&nbsp;</FONT></TD>
<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: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="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: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="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 officer 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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 second fiscal quarter of the period covered by this
report that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </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%"><FONT SIZE="1">&nbsp;</FONT></TD>
<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 officer 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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="40%" BORDER="0">

<TR>
<TD WIDTH="20%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">April 4, 2008</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">Signature:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ Ernest L. Schmider</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></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">Title:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">President, Principal Executive Officer</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></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">H-1 </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="right"><FONT FACE="Times New Roman" SIZE="2"><B>EX.-99.CERT </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><U>Certification Under Rule 30a-2(a) </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:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CERTIFICATION </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, John P. Hardaway, certify that: </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="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 PIMCO Strategic Global Government Fund, Inc.; </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%"><FONT SIZE="1">&nbsp;</FONT></TD>
<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: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="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: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="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 officer 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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 second fiscal quarter of the period covered by this
report that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </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%"><FONT SIZE="1">&nbsp;</FONT></TD>
<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 officer 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" 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="40%" BORDER="0">

<TR>
<TD WIDTH="20%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">April 4, 2008</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">Signature:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ John P. Hardaway</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></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">Title:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Treasurer, Principal Financial Officer</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></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">H-2 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906CERT
<SEQUENCE>4
<FILENAME>dex99906cert.htm
<DESCRIPTION>CERTIFICATION UNDER RULE 30A-2(B)
<TEXT>
<HTML><HEAD>
<TITLE>Certification Under Rule 30a-2(b)</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B>EX.&#150;99.906CERT </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><U>Certification Under Rule 30a-2(b) </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:-6px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>(as adopted pursuant to Section&nbsp;906 of the Sarbanes-Oxley Act) </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">In connection with the Report on Form N-CSR to which this certification is furnished as an exhibit (the &#147;Report&#148;), the undersigned officers of
PIMCO Strategic Global Government Fund, Inc. (the &#147;Registrant&#148;) each certify that to his knowledge: </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="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">The Report fully complies with the requirements of Section&nbsp;13(a) or 15(d) of the Securities Exchange Act of 1934; and </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%"><FONT SIZE="1">&nbsp;</FONT></TD>
<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">The information contained in the Report on Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.
</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="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="42%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="43%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ Ernest L. Schmider</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></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="top"><FONT FACE="Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">/s/ John P. Hardaway</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Name:</FONT></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">Ernest L. Schmider</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></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 FACE="Times New Roman" SIZE="2">Name:</FONT></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">John P. Hardaway</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Title:</FONT></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">President, Principal Executive Officer</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></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 FACE="Times New Roman" SIZE="2">Title:</FONT></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">Treasurer, Principal Financial Officer</FONT></P><HR SIZE="1" NOSHADE COLOR="#000000"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">April 4, 2008</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 FACE="Times New Roman" SIZE="2">Date:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">April 4, 2008</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="Times New Roman" SIZE="2"><B>A signed original of this written
statement required by Section&nbsp;906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section&nbsp;906, has been
provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission (the &#147;Commission&#148;) or its staff upon request. </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">This certification is being furnished to the Commission solely pursuant to 18 U.S.C. Section&nbsp;1350 and is not being filed as part of the
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"><FONT FACE="Times New Roman" SIZE="2">J-1 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g82810g53u40.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g82810g53u40.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````.$))300:``````!M````!@``````````````K0```58````&`&<`-0`S
M`'4`-``P`````0`````````````````````````!``````````````%6````
MK0`````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````"#(````!````<````#D`
M``%0``!*T```"!8`&``!_]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,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"``Y`'`#`2(``A$!`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$`/P#T5G6&O:YWV7):&M#O<P"9(9L;[_I^Y/?5C_:+'/LOEX`<QMC@P?0=
M[&M<-KO9]-$LNZ@VVUM>.UU36M-3]P!<X_3:6_F[/^G_`.?!97\^[Y?D1B+*
M"P?5CO,F_*`UT;8X<_`J>-]FQGO>VR^POY%KR\#^KO/MX0TD_A"+;GVVGP=]
MR7VVGP=]RII)<(5;<^VT^#ON2^VTS'NGF([*FH_G@?R3^5J7"%6WOMM/@[[D
MOMM/@[[E34+KJ<>IUU[Q54R"^QW`!(8)_M.2X`KB;_VVGP=]R7VVKP=]RQF]
M8PG6AGO:Q[VU57%I#7V%[\=[&-C?Z=-M>Q^2_P#5_P!)^CL0[>M8[,YM#2Q^
M*T[,O,]1H93:[>W'QWZ_3M?5_P!;_1_OH^T>Q1[D>X>CK>+&![>#XJ2Y3J?U
MBZMC/J;TNAMV&ZNPMR?1LR`^VNP5/J;]ELK]*O\`G-EK_P"?_P"+_2+/?];O
MK:&N+,-ECM?3:,/)U'YNXNO]FY$<O,ZBOJ5ISP!HW]`__]#TNVG.<^TUWAC'
M`"MI:#M(V>[C\[](@Y7\^[Y?D39&/@NOO=;EFM[V^]GJ-;L:/1_-(]O^"^E_
MI?\`BD^5_/N^7Y$Z&Z"C2224B%))))*4HEP:Z7$-:&ESB3``!$N=/M]O[ZCD
M9%6,P/MW>XPRNMILL>>=M-->ZRQWM_\`)JA97U;.>&7U4XF&0'G'>XVV6`%K
MA3F>GMJK9Z@_2UTNM]5GZ&S_``B0'T"TFMA92V=3]1[Z.F4G/R&"7D'90R?H
M&W+?^CL]WYF+ZUGZ.[_"*A4!G9#^GY&99EUX=IMR6UM)%QL/J456^FUS&XE=
M6]]53'^S]#_A*UI4]-QJJV5@`MK^BT-#6"27%C*O<UM6]V]U?^$_POJ6*UM'
M<D]^>_'YNU.X@-A]>JWA)^8^8_1\FC9T^BX4L.+=Z5.-9B-K+FM'HV"NN-7^
MIZS&4-]+Z'TWJ;L2I]#L=PJKJ>QE3Z&,%@+6`,K9<Z`ZQU4?H]K:]G_"JUZ=
M?=H/QU4AH(&@\`AQ%=PCL\WUG'P\6_'HJ8ZAC<5^UCPQU9:;6/=Z#76U^E>R
MS^=VUL65=9BNJL:^R!J3%=>XSN>=DW_G[MS5Z$S#Q,BFMV117<6@AIL8UQ$G
MMN!3_LOIG_<.C_MMG_D4WWL@T$OP"?:@>C__T?1\J_I[;+&9%<N8T.>2WD$L
MC7\[W;$+*R,?[5:SU6!]>T/87"1+0YNYO\II5O)R,BG^:QW7Z"-I`U+@UP]W
M[K#O5#J6#AY.5ZE]6ZQ@#6V-<^MX'TMOJ4/K?M]SO\^S_2/3X5>JV5UI^*"_
MJ6%1_.6-$':9(;!G;MEY;]*?:A'J5]UCJ^GX[<G8=MEGJ-#*W>%MC-U?M_T5
M%E]__!?S7JV:,/#QOZ/1762""X-&\S]+?:[=;9N_.WO1A``:``UHAK1H`/!K
M1]%2:=K\UM2/6O+^USGU?6#TVN&3C/MW`.I96ZI@;/N<W(L-]C]K/=M]"O\`
MX-(XG5C_`(6HR2"#;D0/W,AVW8ZQS6_]HV?9O_#=BT4DN+P'V*X?$_:TL7IE
M564[.NBW-=N:+07[65N@>C6RQ[_W/TEEGZ3?_P`#LK5S\\?U3^5J=1_/']4_
ME:@23ND`#9DDDDDE22222F_B_P`PSY_E14+%_F&?/\J*HCN5P?_2]/ROM7HG
M[(6"Z6QZL[8W#U/H>[^;W;52R[\=N2YK[FL=I(=NTT;WV[?SUIJD?Z9;_5'Y
M:T8W>B"CII-]3;:7LLK?]%[28/;3VJ?V.[^3]Y_\BK=7T/F?RE33_4C1H_8[
MOY/WG_R*7V.[^3]Y_P#(J\DEZE:.9D-;BL%F18RMCG!H))U<>&B&H#LO#:=Y
MR:P`(U+I]SFL;#=GN]_M_P!7K3S?Z.[XM_*%5L_/^!_ZBE#U)T6HK^T-+Z7!
MS08).X:P'?G-_E(GV.[^3]Y_\BK.-_1ZOZC?R(J/J1HT?L=W\G[S_P"15;(N
MQL8N%]]=99]*2[3Z'\G_`(5BUU3O_P`/\?X4I>I6B;#<Q^-6]C@]CAN:X<$'
M4<HRA5_-M^"FHSNN?__9.$))300A``````!5`````0$````/`$$`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$!`0("`0("`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`__``!$(`*T!5@,!$0`"$0$#$0'_W0`$`"O_Q`"T``$`
M`04!`0$!````````````"`4&!PD*!`,"`0$!``$%`0$```````````````$#
M!`4&!P(($```!@(!`08#!0<#`@4%```!`@,$!08`!P@5$1(3%!87TU4)(W24
M-A@A,2*R)+25)289U)<R0S0U)T%185,H$0`"`0,"`P4#"P0!`P4!```!`@`1
M`P02!2$3!C%!D5,'82(447&!L=$R4I(S-!5"<B,6%Z%B)/#!X6,(\?_:``P#
M`0`"$0,1`#\`[^,1&(C$3`_(>8G(6F5%>%D9"(*_WIQT@YF3BGCED_1@I[>F
MOXA_'D.T$'"S*RB\)$O4P_A,P?KB<03`P@DB1.J'(#D8(T%9.KU1O36=8XA.
M;C!2U0VA-W6:DN1O(/9VE[GT.\S>QW9H)+5L+`PU@5))1TXNJW,X3<*MTUT'
M#>))`GIWA=>0)>6->US3KTW@Z>X#CC9*S%*4&RO(T#2KWE+$;4<V*9@KA7#7
M"'03KU:\_&J.&S=LHZB5`*B8%%'\R!2D]-6Y0;VF5]6,Y6I5B,FI^$XXN9RK
M^W][+*;#7V;L:;I6Y)W7+Y6X>4J,)I:MQ7J21:.T[$[8,.PKY1%%PT>KQ)H)
MC]3FUN][2D96*J-)9V.!U5QEE]DM9ZH6Z%:UO;FQV?(!/==`C%+G>:#2SRU(
MGM:0;1C'S=J@4$%9!1NXEEWKN-:K3(H)\"\V=_3-VL%9K>N&S%`NM(FT1C:\
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M630A4DY*319'57,1(D@)FAC`Y342(DT/R2IH\B>/SB6IL`WWIIQ>=V*QCY37
MT*CLZDJRUZC9:0>Q$5(TV.)-F>6=C)RL:Y:MUF1%TUG#=1,@B<AB@D4ESR^T
M]8U^[5S6L_L:APFQK@V6>U*@2]OK\;=K2S;%=F<.ZY57L@C.S;9N6/<"=1L@
MJ0@(*=HAW#=B)>+Y!BY:J)22+1=D(IJ+)ODT56O:BJ19(ZA%P,EVI+)E.41#
M^$Q0$/V@&2`20`*F*TXGLGSZK%_,F'XQO\3/?)N^4W@9YUI^(>,=5B_F3#\8
MW^)CDW?*;P,:T_$/&.JQ?S)A^,;_`!,<F[Y3>!C6GXAXQU6+^9,/QC?XF.3=
M\IO`QK3\0\8ZK%_,F'XQO\3')N^4W@8UI^(>,=5B_F3#\8W^)CDW?*;P,:T_
M$/&>==U`NCME'+B(<'9.`=LSKK,U3M'0(K-@<MC*&,*#@&[E1/OD[#=Q0Q>W
ML,("Y-WRF\#&M/QCQGHZK%_,F'XQO\3')N^4W@8UI^(>,=5B_F3#\8W^)CDW
M?*;P,:T_$/&.JQ?S)A^,;_$QR;OE-X&-:?B'C'58OYDP_&-_B8Y-WRF\#&M/
MQ#QCJL7\R8?C&_Q,<F[Y3>!C6GXAXQU6+^9,/QC?XF.3=\IO`QK3\0\8ZK%_
M,F'XQO\`$QR;OE-X&-:?B'C'58OYDP_&-_B8Y-WRF\#&M/Q#QCJL7\R8?C&_
MQ,<F[Y3>!C6GXAXQU6+^9,/QC?XF.3=\IO`QK3\0\8ZK%_,F'XQO\3')N^4W
M@8UI^(>,=5B_F3#\8W^)CDW?*;P,:T_$/&.JQ?S)A^,;_$QR;OE-X&-:?B'C
M'58OYDP_&-_B8Y-WRF\#&M/Q#QCJL7\R8?C&_P`3')N^4W@8UI^(>,=5B_F3
M#\8W^)CDW?*;P,:T_$/&.JQ?S)A^,;_$QR;OE-X&-:?B'C'58OYDP_&-_B8Y
M-WRF\#&M/Q#QCJL7\R8?C&_Q,<F[Y3>!C6GXAXQU6+^9,/QC?XF.3=\IO`QK
M3\0\8ZK%_,F'XQO\3')N^4W@8UI^(>,=5B_F3#\8W^)CDW?*;P,:T_$/&.JQ
M?S)A^,;_`!,<F[Y3>!C6GXAXQU6+^9,/QC?XF.3=\IO`QK3\0\8ZK%_,F'XQ
MO\3')N^4W@8UI^(>,=5B_F3#\8W^)CDW?*;P,:T_$/&>M)9%<@*(*IK)B(@"
MB1RJ$$0'L$`.01*(@(9X*E31@09((/$'A/ID28Q$8B,1&(G_T>E71_&ODSJZ
MU[>2B=-U9MJ9*2(M7-56K:U>NBL%9P3T([8W+BULVRZM?7*OLJ\UJ<P\9QUM
M<DC23477FK1.()'O'RL3T2#27EK_`(F<AM<O=<OJNF>#MSZ6JKVXWV/W9--X
MR-K;'EYN/>MUB=KZ^85YA";FO=SU7NF58/9),O2W=ND'SIJVA4"LG945'&9#
MOV@]ZW[;SBR%J4!#5[:=YX2;,LED>7=BYL&GQXG;7/LVT:\;LFL*JI965[;1
MR;"/<L%P0[UAE_-%:ID3.]1438#?/R?/_<#_`,Z>7NW_`+W'_NEOD?H7/FD.
MLW282,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$HMEDEX:N3\NU(DHYBH
M25DFY%RG,@==BQ7=)$6*FHDH9(RB0`8"F*(A^X0']N0QH"?9)`J0)6LF1&(C
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MJ\M==M:%PCF->AM;MY^/D2)C#O\`S)(F8(L<`%!1I,B@I)MWS\GS_P!P/_.G
MEYM_[W'_`+I0R/T+GS2'6;I,)&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$
M8B4*TOE(NLV*321;N%8Z"EWR:#M,56JZC2/<."(N4BG3,HW4,GW3E`Q1$HB'
M:'[\AC16/LDCB0)7<F1&(C$1B(Q$8B,1&(D;.57*O5?#S5P[8VT>=6A%K##U
M:+AJLSCI&S3LU,'64*UB&,K+0;!;I\8S<OG(J.DNXU:J"3OJ=Q,^R=*]*[KU
MANG\3M(MB^+;.S.2$55[V*JQ%6*J**?>85H*D:CUKUMLO06S?SF^&X<8W4MJ
MEL*UQW>O!0S(ITJ&=JL**II4T!D8U<MWK9N\:JE7:NT$7+98@]I%FZZ95452
M"(`(E43.`A_^!S765D9D<48&A'R$3;$=;B)<1JHP!!^4'B#/OGF>I8NT+_#:
MHUM?]GV+MZ%KRF6:ZRY"G!-1:/K$,\F7+=`PE/\`U#E)F*:8`4PF4,```B(`
M-]M>WWMUW+`VS'_7R+R6U^=V"@GV"M3[)C=YW3'V3:-TWG+_`&V)CW+S>U;:
M%R![2!0>V:3^$?U8I+?_`".UAJN[`BWA[_HFJ5YX_)&D8M6?)6O.;?+6`Q5$
MBE;LHW8-=:J%;("82^88MB($+XJF=JZV]*+>P=.;GNN%4WL?/N.!6I.&XMJG
MM)M.14_(S%CP$^=_3KUOO=4=6;-LNXT&/E;;;0G30#<$-UG[.`6_;!TC\2(%
M`J9OJS@\^FI&#Z@'U`-;\,^)U@K83<I(;_VK3K_7]2TBD2RK"[Q;B183$>?:
M#M]'">1JE=I!SF>D?@!%EW38$FP]XJJS?9>@?3_<NL^K<?)Y"KT_B7K3W[MU
M:VF`*GD`'A<>[]TKV!6JW`@-SCU5]2=KZ%Z4R\7XAVZDS,>ZF-:M-2ZI967X
M@E?>MI:^\'[2RT3B&9>5OC+NSEUO6@[YL,O]0[FLPNFLZ_69.G:\IN_+K-6F
MRIS,Z2.E[($!9MRU.8M$%6TP32<LH!)])$%Z5P8">"@TD?J?J;9.D=BS]AQ[
M/IYLC863<=;EZYBVU1-*U5-:8]Q49^)5KI5#ITBM6>W\:])[_P!:]0[=U%DW
M_4W?ES\2W;:U9M9EUKCZGTL^BYE6VN(G`,ED._O!C32J7;NJ&P^6]UBM43L)
M]1?G>=E>*OLN?DHR5VE?ZS-3GM;4ZM,V&1UH:?WNTA9"C%M4O+003T^[@FBB
MM==J-BNGGB13>TR]NZ1PKN[6+_IUL.NQ=LH&6Q:=5Y]QU07M&*6%W0MN[RK2
MW6`O(&TI2ZU[A;GUIGV=FR,?U/ZBY>19ONRMD7K;/\/;ML[6->6%-KF-<L\Z
M\UI2;+E`[ULK;5#V'SQM?)NQZ-D?J%\O(BE5#:$1K6=V:ONW<2*QG]KNK6A4
M9O'UA792B3Z?M<[()&39M9!VD1@B\?IKN&#)9SESG[=T'B=,XV^6_3W:'S;V
M*UY;/PV.>%NV;MTE^3P2VH-69%)<I;*K<<++3;MS]1,SJS*Z?N^IF]I@6,M;
M#WSE9(-;ET6;06WS^+W'84578!`]P,UNVSSXR>VN9M:U%KS9=M^HMS*BUK.2
MEV"WMX7>UIMB%)H]Z?3:<1*+0$7R%2V6=\,3&M'""S^!BX1\^DNG%D$5FWBN
M9M;3T9D[ON.VXGIULSBUS$MEL5+9N7;074NML3DTU,P(2Z]Q53F<LAJ+%W>>
MNL79=LW7-]3]]1KHM/<"Y=RX+5J\7TL47,Y]=*J07LV[3N_*%Q62KV=^H'FQ
M^LG]+O\`R!<Q^A?J:]@_7/OEMGJW2?=/V\]6>F?<OR?4?)_UGD.H>%XOV7F.
M[]IEY_K_`$3_`*;_`+1_Q_LW/_C/BN5\-8TZN1SN7KY-:5]W5HK3CI[I8_[+
MU[_O/^H_\D[Y\/\`RWP?-^+R-6GXCD\SE\^FJGO:-=*\-7?/_]3O.NM%IFQZ
MZ\J-^JT#<:R_59.'4'8XMI+1JCN,>(246_(V>)*D0D8F3:I.FCE/NKM722:R
M1R*$*8$2P4N.6@4).@S*&E]8(2NK&R3/7+]"DUY%S2VK=ZO)M4:ZJFP*:-(S
ME72KM#P^SP'BJBZ?=6.8XI-3\L^Z/'O1B%BI%N3U'KT+5K6):P5"LAZK#JSE
M3AX_JO3(Z%E%6IWK-M$C/R`LRE/_`$8R#L4>X+E?Q$BIEZ7S\GS_`-P/_.GE
MYM_[W'_NE'(_0N?-(=9NDPD8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B)
M0K2^4BZS8I-)%NX5CH*7?)H.TQ5:KJ-(]PX(BY2*=,RC=0R?=.4#%$2B(=H?
MOR&-%8^R2.)`E=R9$8B,1&(C$1B)C+=6Q6^H=/;4VJZ*W51UQKNY7@4'9C%0
M=J5>O2$R@Q/W#IJG%\NS*B4A#`H<QP*7^(0S)[+MS;OO&U;4A-<G(MVJCM&M
MPI/T`UX\!3C,/U#NR;%L&];VX!7$Q+MZA[#RT9P/I(I0<36@XS2U=_J/;*W1
M].2N[,ULR1K?*/8/(:J:`A:O14GQCQFRFMV:W*,CHAA+O';]VC8-?Q;5)8BZ
MAT3.)$Z)OX?X<[/@^G.V[+ZC9&V;DYN=+X^WW,IGNTXV3;-MBQ4``I=9B*`&
MB`]L^>]Q]6MWZA])L7>-HMBSUGE;K:PDMV0?=R!>%U556)8A["J""2"UPJ>'
M"8NMO&:\<I^$6[></*Z>OD[M21UGMS:.EM1N9^28ZMTE3F+1Y+0KJOTA4S<_
M6GE>B%5".';ESWV"S951)1XF"H97$ZFP>ENMMDZ(Z4L6+>U+DX]C)OA%-_)N
M$A6#W./NAV`HH%'#`$(:3"YW1^Y=:>G747J/UME9-S>GP\K(Q,4NPQL2T`60
MI9X>^44D,S-5"A(-P:I>_(W=W([==-T/J7C!L>W:\EZKP$2Y@;4GZJ\>,9NS
M(.J1!CK^C,98#HRK>4E)AFL*@`<#+$?)F,/V9PRQZ<V3IS9<S?=VZGVZSD6;
MN_\`\?85P"J$7&YMTKQ4JJD4^32:=HF2ZLZCZMZAV_IG8^C=VOXE^STP-TR7
MMDA[@-E.19#<&#,P->/'6">PS;%K/E9K:Q\4Z%R>N%HA*]69W52-\L"RT@S#
MRDG#0:CJ[P<>B54AI*4@IJ.>,Q;(%,L=='PP)WA`N<HW/I7<L;JK/Z8P\5[F
M3;RN4G`\59J6F/X592K5/"AK6D[?L_6VT9?1.V=99^9;M8=W"%YR6'!D2MY%
M']3(ZNND<212E>$U$<L_J#P/+'2Z7%Z"U?N?3-YY,W71T+K,-@5Y",5V)IN]
MW^(_WU7G3-P];)M)!>'4:'1[RZ"S=<IDEURF6(CUSI/T^O\`2F]'JB_NF%F8
M.V6,EKW*<MR<BU:;_$X(!J`P:O`@BA5?=+<)ZX]4L;K?IX=&XVS;AM^Y;QD8
M:8_/0*;^+>OK_F0@D48H5(X@J059@6"Y-YJ<4]*<)=,UOD)I"G/J^GJ_F5IS
MD-<V[9\YD03@>MN:G)U:'3<F[L965E;.W10:][NIF,!`.`&$!QG1?56]=:[S
MD]/[WF+<.5LV1B6R0![VD7%=J?>?W"2W?VTX3,>H?1/3OIWT_B=5=.8#6AA=
M08N==`);W-9M-;2OW;9-Q0%[NRO&2UU%]4[BMM^WZ?U_%RMH@[CNR`83%2CI
M>$368-Y&0F[3`I5&;FHA](L8VT)OJFN!D3CX!A51*FL<YQ*74]W]+>JMHP]X
MW"[:M/AX5PK<*MQ("HW,56`+)2X./;P-0`)O.Q>M/16_9^P[79OWK>?N-I7M
M*R`J&9[B"T[JS*MS5:;@?=XJ`Q)H,@_3\9WC?OT\^:5W>69_8)3DWLCF4MK1
M[<+0NXA*_2Y)C-4*F5B)D)1PLC6:'!S;!\JFB'AMVHN7"H%`I\QGJ"^#L'J)
MT7A)C+;M;9C;<+PMH`SW%*W;CL%`+W64J">):BCNE+TY7<>J/3CK[<7RWNW]
MWS-S..;EPE4M,'LVK:EB=%E&#$#@%U,:<9H-U/\`3,^HQI.&N<)KV_\`$..:
MWA&%Z@YE=LZ6LTK"R5>EVDS#6*G2]DBI61IUECG;0HHOHY1NNF<$UBB#ENT7
M;][W;U,].=[O85_<<#=V:P6H%L9**P=2K)<5&47$(/%7!!%5/NLZM\Z[-Z/>
MK.P6,_'VS*VA4R`M2U_&N,K(P97M,Z,UJXI'!T((-&'OJC+<#_Z>OU,Y-[4I
M!]L+A,NXI5):ZVB`&Q<62-7]!80D=7F%0N+!*A$8;"@(^.B6PMVT^G)IH.D@
M=$`KH16&WM^H7IE:3+MIM^]A;U\WF]S.J+I8N;EL\VMIR6-3:*$J=)]WA+FY
MZ5>L%VYA7;F7LA:QCBPO'!H;(14%NZ.32\@55HMX.`PUCW_>E0B.!'U1ZI9(
M*ZT'=?'37-VC)(DW-VJB<CJ%67][EVD\,S!C>F48=O"V6O59FBVC8J!<-3P,
M=&MA009D(NY!:G>Z^]+<O&OX6?LNXY.$RZ52[AW7%I2NEN46JR.Y+/<NAN:[
MG4SDJM*ECTO]9L/*Q\_;MVV_%ST?6]RSF6K9O,'U)S0M%N);`5+=IE-E$72J
M`,VK'5@^EO\`47M5'::\L&T.+<G7&JZ2ZBRVZ]/$M<L1M)3,RR8V78"$6E?;
M7#QTK/NW#5C)R;MDU64`R*1!33[F1Q_5+TYQ<Y]QQ]KW1<DBE/ALCEK554E+
M1;E6V*HH9D168"A)J:XS)]&/5C,V]-LR<_:WQ00:G(Q^8U&9@'O!>=<56=F5
M+CLJDU4"@I2O^)SZ@ONS[Y^Y7%_W3]Q/=CU1[[:J_/\`ZE]7]?Z)Y/T[^8OZ
MCROE/)?^7X/A?P96_P"6?3[^)_@_XW=/XOX?D:/A;_Z6CEZ-5=?W.&K5J[ZU
MXRC_`,(>J?\`,_[!\;MG\O\`%?$<SXFQ^MKYFO1IT??][3IT]VFG"?_5[R;W
M?J;K&L/[G?;#'UBLQJT:T<RDB<X$/(3<HS@X.*9-T$UGDG,STY(MV+!DV35=
M/7KA)!!-150A!1,<QG);2$Y,TZ`@+VUL<G?8.!LM8)6X:R6)HY@;/*34'!2<
ME)PL,_BZZVD)BMR+4HR2S02+L'!#@4R*@%2:&7!8-XZCJNPZ_J>Q7^N1&Q+2
MC'+PE5>/.Y(."32TPVKY7)P(9I&+6=W79%&)3=*(J2J\>Y3:%6.W6*1(ET7S
M\GS_`-P/_.GEYM_[W'_NE'(_0N?-(=9NDPD8B,1&(C$1B(Q$8B,1&(C$1B(Q
M$8B,1&(C$1B)0K2^4BZS8I-)%NX5CH*7?)H.TQ5:KJ-(]PX(BY2*=,RC=0R?
M=.4#%$2B(=H?OR&-%8^R2.)`E=R9$8B,1&(F%^0>^M><:-36S<.S95*-KM78
MJ*(-"JHED[)-JIJ=(JU?;JG)YZ=G'1/"13#^$@=Y502(IJ*$S73^P[AU+NV)
ML^V6BV1=;B?Z47^IW/<JCB3\P%20#KW5/4VU=(;'G;]O%\)B65X"HU7'/W;:
M`]KN>`'=Q8T4$BT>'F[93D?QLU9NZ;8-(F5V%%R\N\BF('\E%J-[/.181K0Z
MAC*N&[!./!(BQ^Q18I`4,`&,(!=]8;):Z<ZDW39+-PO:QV50Q[6JBMJ/R$UJ
M0.`[!V2QZ"ZBO=6]([+U%D6E2]E(S%5[%I<==([R%TT!/$TJ>)FH;ZC//Z)V
M1:-L_3WU4R0FY[8;'5VK8J\1BBD@V5VE:]G51&UTM(S%RJU=,V=,D2ME#AW3
MIRGF6RG89,I3]<].N@;NVXNT^H.ZN4L8[7[[6FX'D6[-S1<XBH)N"H[BFEAV
MFG"?5CU/L;OF[YZ6;);%S)REQ\9;R^\#DW,BT+EK@2"!:;23VBYK0\0`;HHG
M!>^U7ZH35PPK<^QXET9"/Y`U9<S`X5!WM1OK6O:S;QHR@`5NI:&-C25EB(E^
MT*U1[3`)1[XVV?US@9?I@RW,FVW5E\G$<5_R"P;SWB=/;H*4MD]FH_1+S;?3
M;<\+UE1K6)=7H?&"YULZ?\1R1CICA=79S!<!N@=ND<>'&;GMQU%6]Z?VI0VC
M?QUKEK6\5%LU(9!+QE;#5Y2&1;D.X(=LEXAG@%`3E%,O;_$`AVAG&=GRQ@[Q
MM6>[4%G)M7">/]#JU>''N[N,^@M_P3N6P[UMB+5LC#O6@.`KKML@''AW]_":
M//HD.9/8%DW[?YZ/=LC4/67&KCM#M'Z*R#AL77U0G&=O9NVRJKE$H]9CFZB8
M%,4P)J?:))F,(#V_UL6UM^-L&!8N!N?DYF6Q%"#S;BFV0>'])(/M'`D3YR__
M`#L][=,OJ?=,JTRG&P]OP5#`@CD6G%T$5(^^JD>P\5!,HE?^GBXG.=LKQLV;
M%.K-P>U_&;)Y,ZQI:CZ9AX5"0W,O7ZLK1T)6NOXR6;)52U0SAPT:%=%*DV9&
M6/\`^X*E5K9'J$MCH6UU)MET6NM\AK.%>N45F(QP[\TJX93K1@&;3Q+4'Z8(
MML7TJ;)]2K_2.\6#>].<5,C<,>U5T0-EE+9LAK;*PY=Q&95U<%0L?U6#;<]S
M<2Z/MG:_%;:GE(R'D>,UTDYB,:MF23=N\JCNIOVC"N,VS5`B"/1KE'0;UF!N
MZDT0;.2I`!E?V\DV;JS.VG:NJ=JUL]O<[*JQ)J0XN`ER2:^];-U6[V)6O`3N
MG4'0^V[YO?16]<M+=W9\AG4```VS:8+;``H-%U;+KW*%<#BTS?+VC4]EL"NJ
M9^>H$]9C$CYI77DQ(0$I+J!%O4)F,DC5=\JNY44BY".2>(J>")FZJ*:Q1*)2
M&S"6<;=<:P-UQ[&1;QN*\U0ZK[P*L-8H/>!*D5X@D?*)M.1=VK+NG:\I[%V[
M[K<I]+'W2&5M!KQ5E#`TJ"`PH0#.=JU?3I;Z1JG(JL(7VLU_>MWY'4/<?%52
MJ1=WNECJ%%UM<;(M!S\U#4>EV"PUI9.!N<B104VBK(S]BW("QQ`O=^AL7U%.
M]Y?3N2V!=N;'8VV[CYVMK=M+EV];34BM=N(CC5;2E6#:68T'?\KWO1N]LNW]
M6XUC<+%KJ"_N]C*VYD%QVM6K%VX49Q;M,Z'1=N5`4KK1`">%-K]>4WQQ+^EO
M4-5:EXZS%TI,;0-G5&YVFU2J,#>Z[%6B4M;J;V!):?@6DJ[91\R-A7DA2&85
M=P_:8C](Q2'<FY-E?P75GJCF;KNW4*6,ULBQ<MHBZK3LBVPMH9#%02N@)7EA
M;G`VS4A9V[9\#<^B_33;=@VO:'O8=G'NH]QR$N#6SL]TV%U%0Q=GIK+)V/6A
M8Z@.+VK:=L:C;I"9II[#;6K.H,*7*S)K?'U"-<2DZFWD(\EDJ*3TE;N\J!D0
MC7$LS=0Q4DUSO10:)N5B]<ZGW3,V[.V7DYG+Q"UPW%7EFX0JU!T7*:[:\=8M
MLMRI4)J<J)HVPX&-FXNY\W&UY`"!"=805;B-25TN>&DNI2@):BAC+F@]9ZN:
M$U:M<M7.(27E]=WBVNZL4^T[XXF8!A0X*2IERNC"FR4%+1\I8IPDK*HL(UQ#
MM&\`HR6>BBW,#YU;7MSW1SN@P]T#V4R+=L/_`(+05S=87+=LW`RE470A9Q<8
MW0X34PT+7M8.`HP#DX!6XUFXY7_+<+*+:E'<(5(+-K<*I0"WI+47WVHVL],1
M"^U=OTJUT:!EY>,L`U&F1Y(3>4WKN.M#G9$/5%&QW%*G8J[Q\+%FEDFAE9F1
M,Y9@J4CA-S("FV6K;GO-U=JVC-Q,ZXEEK?,N'5C+>*"RSUI<5K99M):EM*-0
ME2MNK"E@[9;.X;CBY&(C7%?0@TWVMAC=5/Z&%P**@5=JBM"&>BGS3^I=<5C2
ME1N\C7G4M),CT.;LQ(2=L,;,2T/9)2\1\ZV?6:0BIK5XQKUQ"QI($8`CR4;H
MJ.SR21CI=Q+UC[MN.3O67A6\@);;FJFI4*JR+:*D(&6]4!GYO-TH2$%L@&IB
M]MV%8VO&RGLEK@Y;-I9@Q#%PP+$&U0Z5Y?+U,!J+CA06-[>4[]97M/TE3V__
M`%-^WG0NHR'C>CO=3TWTGJ_F.J^)T3['S/B^8[?X^_W_`-N7W\AF?Z=_*\T?
MR'\9S=5!^IR->K333][C2E.ZE):?!8W^S?Q_+_\`#^.Y>FI^YS=-*]OW>%:U
M[^V?_];N6WRPW'*:PGF&@R:])M-TM$)5R2V=(2,;68!,TLRZO8D5HVF7XZEF
MA(;S"\.1>+<LAE"("Z(=N"B9T"G?(3->'6S(66U$\U]%TS5*\!&:<CKG:Z]R
M,WM.6B)0UIOBX;8NK=6*]$U6E<AEMT0=[FV<@]LK"!<1\A8))=0)1!8&^)-9
M<UUXU;TO>T%K(['6$'4=FW;AWL_:?E]@7.:M&O;)Q+V>VV@G4-9I&U?`QM\J
M>PGM:BF2SN17K:S!)S)JBT=BNDDFBHDZ+Y^3Y_[@?^=/+S;_`-[C_P!TH9'Z
M%SYI#K-TF$C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1*%:7RD76;%)I(
MMW"L=!2[Y-!VF*K5=1I'N'!$7*13IF4;J&3[IR@8HB41#M#]^0QHK'V21Q($
MKN3(C$1B)#W;O/3BUHK8EDU5M#9T=5KQ6=='V6YB'J"Q4Y")(UF'Q8**D1`L
M:XNCIE#^*VB3JI.WA73<&Y53*]@;AM'0?5&^[=C;KM>V-=P;N1R0P(X-51J8
M=HM@M0W`"JZ6U4I-"WWU,Z,Z:W7+V7>=X2SN5G$^(*D'WEHYT*WW3=(2JVB0
MS:DT@EIK^XIL:M]2/DKLSEOMC7EF]M-.):IIO'G6FQ%'@1M=MXU-&[72TR=<
M;/@KTQ)D<V%FY8++H.$EV3]JN)0.BW$F_P#53Y7IQTUMG26T[A:_DLPW[F7>
MLTU/;YG+MHKD:U6B,K`$$,K+V%J\NZ)MX7JWU?O'7.^;5>_B-O&-:P<>_73;
MN\H7KMQK8.AVJZ,A(8%'1J55:>;BULA72?T<=J/"NO(2^EH?D_1(IR8Q2+M[
M6XV!=T:T+AP10S5RY]0VUJ'?0[$S=H%+_$`B/KJC;AO?K%M2:=5K-?"NL.XH
M+5LO0=H&BVW;Q[S//1>['IWT"WJX'TW]OM[C94]XNF_>%NI["==U>*\.X<9G
MGC]]/;5\7JG@#81K<+6;GH0T7MJY':13<DA;KG=-6%3LH2<@0OF%Y%IL)M!O
M"+K&4[K2&*W(!`%,4\#U!Z@[I=W7K['^)>[AY^JQ;JQI;MV[_N:1V`&T;BD"
MGO7-1KQKLW2_I9LUG9/3#*^$MV=PVS3DW:*-5V[=QO\`)J;M+"^++`FONV@H
MIPIM3SED[5/,=ZS3<I,E';8CQ<AE$&AUTBN5B$`YC'20,<%5"%*F81$`$``H
M_P#V'/01RI<(=`[33@/IGDNH8(6&H]W?(T1DAQ4XQ6>>K4;)435UFW%=9785
MI8#(KI*S5ML1Q5?66P*N%W32M-I5<GA(*.3LF)US%10#Q#E(.RW4ZIZFQL?)
MNV[^5C8=A;2&@]VVG8B4`+E1Q(&IJ>\W`5FLX>/TITMD9EG#6QB9&=D-?N@$
M^_=N<6N/4D)J/`5TK7@HKPE[7'>M!J\?6'\,=WLJ:O0+I4.NZR296V;N"+3N
M*OWD6Y:O$H9M`19%`4=R+MXW8-BB'?5`YBE-98>QY^5<R;=X#&LV*<U[U;:V
MR>P,"-19NQ452Q[A2IF3RMWPL=,=[5;]Z]PMK:H[.!VD$'2%':69@H[S6606
MF[SVX=X\V!;9K0U54;F9QFOM5S=?DKF[273(1V_N>R'E?DT63E4HG(BU@"-S
M-`-WP?JJ`0Q;WXS9-I")@8B9V4#5KM]7%L?(+=D.*CY6NUU=G+`J#:?"[MN1
M9LW)?#QZ4%NTRES\I>Z5(!^06Z4[=9,N5_QDTPO2$Z+$4]E5&C*20GX:PU?_
M`$NYP=K:J%6:7!A;.Q::/9T5B`)G;A5<ZY.U-;Q$A,0;:WU+O*YISKN6;K%2
MK(_O6V0\#;-O[N@C^D``=HH>,KOL&UG$&':QA;4-J5DX.KCL</\`>U^TDU[#
M4<)<>J]21NLT)E^XFY>[7NVN6SZ[[$LP-!L5G=,D/+1S<Y&*#=E%04,U$4F$
M>V(1LU3$W8`G.H<]MNF[7-R:S;6REG!M`BW:2NA`34GB269CQ9R:L?8`!7V[
M;;>`MUS=:[EW"#<N-34Y'`=E`%4<%4<`/:23GN3V3IF9T#L>D3VWJ75U)>A[
M:AI-5638R<W$QZ#:RURQ3+*I(/F\W8PKKUJZ340:%$ZKIJHV*8%BF`ND/F?`
M[]B[@MOF"Q>MOIK2IME6TUH:5I2M#3Y#-@?'^+VO)PR^CFVG2M*TU`BM*BM*
MUI45^6<V,/I'A)!M9QK`_5%F8IG/1I8RQ(1?$;>S-O*Q(/&SDK*63:V%,CMC
MYY%(W<5[2=\`_9^W.RW?6VS?:R]_HQ'>VVI2V0"5:A%5KC\#0D5$YA;]+;EE
M;JVNIF576C4LD5%:T-+W$5`GM6U5PV<C#"X^J[:EQKH=VOBMQ8Y`JC!%\%-M
MV0PGM!NF!Y=(J?V'<_@*!?W``937UHQ%YVGH>T.9]^E]?>[_`'O_`!O>X\>-
M9Z/ICD-R]755PZ/N_P")O=^;_/P^B?,=1<*Q;1K,GU39=!M$1\K%,$FO$3>#
M,$6$Z^=24TW.9K/HG<A+.W9Q<&5$YUB`0AQ$B:92S_S5CZKCGHM"SLK&N2#Q
M4`*>./PT@<*=G$CB22_XPO:47_:&"J"!2P1P8DMV7N-2>->WL[`)25=#<%5X
MUK#+?4_D%HABX<.V44KQ$WFI&LW3H"@Z<M6)["+5NX<@0OB'(4#'[`[1'LRJ
M/7%%N->7HY1>8`%OB14@=@)^'J0.Z4CZ5,46V>I2;8-0.0:`GM('.IQGX]@>
M"'4>K_\`)V]ZMYWJ75/T@[QZCU'Q_->?\[Z@\SYWS/VGB][O]_\`B[>W]N3_
M`,Y+R^3_`*>O*TTT_$BE*4I3X>E*<*=E(_XJ.OF?[(>96M>0:U[:UYU:UXUG
M_]?OXQ$8B,1+2OGY/G_N!_YT\O-O_>X_]THY'Z%SYI#K-TF$C$1B(Q$8B,1&
M(C$1B(Q$8B,1&(C$1B(Q$8B,1*%:7RD76;%)I(MW"L=!2[Y-!VF*K5=1I'N'
M!$7*13IF4;J&3[IR@8HB41#M#]^0QHK'V21Q($K9SD2(=10Y4TTRF.HH<P$(
M0A`$QCG,80*4I2AVB(_L`,]`$D`#C/)(`))H!(OH\T>,C^TWNG0&WJC;)O6F
MJ)O=-U"I2K2QQD)0J\9()5^M.12SB&5?M$UTU%&::YG"**J:BI2$52$^SMT9
MU-;Q<',R-HO6K&3EKC6^8I1FNO\`=`5@&H:$!B*$@@$D&FFKZ@]'7<W<L#%W
MVQ?R</!?+N\IA<5+*4U$NI*:A4$J#J`()`#+737L#D]]2'?KS62%-@F.IM'\
MZY&2UII!>$:)FV)JZHQ\[#V*1VG9YI+QG"-DL^IH^:<I)H.B(DC4EG;($5D$
MEU>Q[?TQZ<;`FYMF7VR][V)5O9(8_P"*_<*L@L(O9H2^;8)*DZR$?4K%1P'=
M.LO5OJ>YLZ[?C+@].=2NV/AE!_GQ[2NCMDW'XD7+F,MU@`P`MAGMZ64,9^Z3
M^E#QDUA5=J4^^QJ_(&,V19JW)M)':S1N]M%5K5,KZ$)4:S&V6.4:2*"\'X[X
M"OF(QICL7*304O#0[RN@[WZK=3;GE;5F8%P;?=QK3J18)".]QRUQRAJ"&HON
MMKHP+UJW#I_3OHCT=LV%O6!N=D[I9R[UM@V2`;ENW:0):MK<6C`I5_?3EDHP
M331:F;=[W)K+5"\;7IF2,:R2+1-2O:^J$-(6:Z2[5,09-ND4^MLWTJ+(3H^"
MFN=))J44Q**A0(/9I.#L^Y[JMS(LV_\`QE/OW;C!+:GM.JXY"UXU(J6X]G&=
M/R]SV_;3;Q[C_P"8CW;:*6<@<!I1`33A0&@'#MX3EAEMVW&5K&WN$'LCLAKK
M7:7/N0M,W;FT2^1?EU](WQA;Y+5JM59,EFD=>TR0L<LBR0DNSQS*("!1)XA_
MJ2ULN%:R=HZW_F\8[EB[`$6V6%.:+1MB_K)J;7O."Q3LHW?0?&-[<=XOIOWI
M>.G,H;3F=3&Z]\*U!C->6\UDH%TK<HMM@HN=M4H"*GI:;1G)O8K=KU:5IO'N
MJN5(U0\+3D!V!M1M&(H)K.&A+=/,V%!@'CM7[$Z9*_*`V3*/<7.;L$/FMKO3
M6W,W*M7MPRA7WKG^*P37@>6I-U@.VO-2I[5$^P5M[]FJHN7+6%C&GNI_DN@4
M[-;`6U)[*<MZ#L,_+OCU;;&_0A-A[UO.P-4-522)Z3)QM<KT[/R::H*(L;A<
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MX5R'?(9VLJ"(]@)@0H%`+',WG<LV]:OWLI@UL40)[BVQV4MJE%04X>Z!7OK+
MW%VK`Q+5RS:QE*N:N6]]G/;5V:I8U^4FG=2>^KZDU=2)Z5M%.UY3:M89M(R$
MM,U^N143(/T%%B.%45W#%J@<R2[A(JBA0[`44*!C=I@`<IY6[;GFV+6-F;A>
MNXZ&JJ[LP![.`)/8.`^0<!/>/MNWXEZYD8N%:MWW[650">_M`^7C/2OLFG)L
M[4]9R:TXG3'9(VPIUF+E;,X:S)W)F0P*"$$R?J/Y]N\`$G#)#Q'+0QB^.1,#
M%$<9S$HQ!KI[:<>/R<._V2_TG@*=L]Z4[/JRD>@%-DR0S^$+(J2ZLG")+Q4H
M9(RP0<M$&?>9(KW0!/QVQW28+CW1[$P%4&IJCW#II[/"104[>,I#>'M5H85U
MY;7CFG/HV=).O*Y2K`=PRD6[-85X:%L$^I$1TF];(+%35>H,Q:MG9R"W5%PS
M,HFM`#N%+G20:T!_Z$_73YN(DU`K3C/SRYXS:\W_`,-;<-B9)QMCU?7K_L:A
MV9@V2!_"S,(TDIR08B4!3*XB+2FP%N^1,/883%7#[9%(Y=7W,Z<^Y3LH/JF4
MQA7'6OM^N<YG$F>KK'7V_P"#L$Y2:RUG(6H"ZL$K)55"VQD>TLC=-VHUK5VK
MDS#[%IOAO!5DH%HH21>K(-R)IF.=)5&T;M$J+WRON))TQ8Z*9-+KIF3GV%6E
M)E:>0M^FZV,8RE:[2HU/4E4D46]F;:^M\/`12KCU%;F$>@%E>/CMQ.J0[B3C
MY8^26022@*GO^XW%IZ`3UELWWU85-XZA*VI'A6`2LD;%RT!%OV2A:HH_FF!6
M+)ZT2:**"#E%OX:9CDR>[VR.^LLYQMJ1@-&Z]KHSD-;;`\OB=Q2B9IC!6B/H
MM8UVR?5RFP3F&DH]XT$]HF9F4>2$>]*JBX9QL8=1)1)80%3C6*T$]'J*G?K=
M]6>?KGM]^JGU%U/N1WI+T=[N=2\_X?A])].=$^T[O<\MY;]G9W/V8XZ?;2/Z
MOIG_T.Y+D#8E:IJFQSR6SRZ>*R<0`.KRA3D-@3[5BXL44U>P5'I[DCQ&=V/<
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MA7J]Q*T37#6?D%RPKU^J=55---8*-H5-CH9,MYO<Y(N"&\J1G`/W!&/=,FJ9
MR0QT1451*@KT?T^V7`N9&1U9ON1RNG]IN6KC^Z6:[<+?XK2@=M7`U=HIP-`2
MPY+ZI]0[G:Q<7H;IK$YW5.^6KUJV=81;-I4_S7G8]E$+!.PZ@2M64*T/>1'T
MG(AK#\?X;C_,5?2=;A*#8]7\KMHD2C(QY:-9J05<?S-LFTG*B1IF>E7U9=D/
MWSE3*:0`RJB+=(Q@W#I[U7O->W^]U!9NYN2^0E_!L>\P2]J<+;6GW54.I'?[
MG`%C-#ZI]#K7)Z6Q>E;UG;\9,9\;<<@!5:[8*6RUQ@?ON[6V'R5N<2JK-A<3
M89C8];J6O>-T(YHNGJBQKT(VWI,1B466)JT%$%B^G:6K5IA7#F<D%*\7IY)U
MRW2BVJ2RHHBZ.7L#G=ZQ9VW(S-QZDOB_N]UG8XRM74[-JU9+HP"C7[YM@EV(
M&K2)V?&)R<7!VSI['-G:;"(BWR*:41=`7'1U)8Z/<%P@*`335+9FZ[N"FREE
MUZSV%;$-*6*0I5]D>0]VV(S-+4"ID:&97BFQ=EEW:3A.7LDI7F:D>H@B5BP;
MS#A3[,P)`?V-QV"YAV-YRL?&3<+*7+?PZV]-NXQ-;5U@/=T('(;4=3FVHXU-
M).#O-O)O;7CW[[8-UT?GL]71:4N6U)XZF*@K0:5#L>'"LC-?US5VM)0L16W<
MO-VS88%GI*U2KVQWRQV9NW:.`8R%@NBY)1-E"MFC,Z+`BSAJP*("FW)XB@@?
M6=PW?)W)K"7V46D6B6[:A+:`\3I50%!8\2QXL>TGA-@PMMQ\`76LAC=<U=W8
ML[$<!5F))`'8!P'<!QED0-$T'4;2MNUO0)N"OT[.3\4Y;.H6U3]B;7*PR;Q]
M9G#6MQYK"U2FY83B5668E.U4B$DP1<].*4<K9'4FZY.VV]LOY;'"72H72`:(
M`$0E14JM*@$E=1+\2:RAC[#MF+FW,^QB@93%V+%B?>N,6=AJ)`9B:5%"%H@H
MH`F=5W=].>R$:0-503;E:)U)R]L\HH>45,H<)!S/,FM6[L*W;I"4R!$'#U1<
MP&*<4`$#9AZW/>HH]G'Z^'#_`*S*^[PXF$E+Z+ZM-UVU4+'E8J+W&32<RIW"
MDB5`R2,=68DR)"I-EG1@6.Z=NSF12)X0(*F4\5)_DJO93O\`_B/=H>VLIYH#
M8+>%49L-ALG$V2<\ZTFK'2F4BW&#\`J0P<G$U^7J1'BWB=Y4';=9D<#]T!3$
M@&*>--RE!<]ZO>.[Y.%/_:35:_=X2MK0<L>5E))&Y6!%L^B58]E`"SJ:L)"O
MCD;E3G6)QK1;"XD43HF,";J0<,S>,<!1_8GX?K2:DZS2G9PH/;V5_P"LBHH!
MIE*]"I/D:X2SV&Q6M>L2QYIHX?.FD.G)2"3@KB(<V"*JK*`@YD\$HF51J11J
M#<C@A5_"\8B9R1RZZ=3$T-?_`.TH#3_YDZNV@I67UGN>8Q$8B2-K%9B[KJ&6
MILX1=2$ML-::S,$;+"W<GBYY)_%2!&[@H"9!<S1V<"'`!$INP?\`Z9J.[?OK
MGS#ZA,QB<<=1\_UR!7_#-PE^1;%_[@/_`/I,L.8TK:%C_AFX2_(MB_\`<!__
M`-)CF-&A8_X9N$OR+8O_`'`?_P#28YC1H6/^&;A+\BV+_P!P'_\`TF.8T:%C
M_AFX2_(MB_\`<!__`-)CF-&A9__1[SKI1*1LBONJEL2FU6^U5\JU7?5FZ5Z(
MM-?>+,7";MDLZAIQF^CG"K-VB15(QTQ%-0H&+V"`#B);D7I334&>E*PNI-90
MZFM4I)#7*D70JK'GH",RHJK+HTH[2*1-54I55<YG)6/@`N8YA/WA$<16>YOJ
MC5K26J,\UUK0&TYK^,=0M#F6].KJ,M28=^D9!]$U&13CBO*W&/$#B15!F=%)
M0@B!BB&(E2OGY/G_`+@?^=/+S;_WN/\`W2CD?H7/FD.LW282,1&(C$1B(Q$8
MB,1&(C$1B(Q$8B,1&(C$1B)&CD7S`X[<4&=?=[VV*TIRMK6=)5V*0A[!99V5
M38`F>1>HPE7BIF21BXXBI16=K)IMBF,5/OBJ<A#;+T[TAU%U6^0FQ;<;PM`:
MV+(BK7L&IV5=1[E!)[Z4!,U#JOKSI3HBWBOU+NRX[7R1;4(]QVT_>(2VKL%6
MO%B`HX"M2`=$FVOJ;\O-OTV[5/6]/UU"TO<]HL]'UK::VYG&VZ=>T(LJD=.?
MN-9E';UNNXM=%%P1H]9-&WE%SF-VD<E;E4[7M?IYT/M.1;S-QW*[=R]NM+<R
M;;E#BO="5-L.HJHMW-)=')JM.!0L1P/=?43U1ZAQ7P-JV2SC[9NU][6+?07%
MRK&.7X7;EMB03=LZA;9%4ANPA]`,J>+G#.[:9V7([#JEWF(7:]3U`A7:GK_<
M]XKW)"7FJD=TPFID*N[@WNO$=>4*?F")(1P$%-Z+Q5Z/C$;BHD;4NJO4':=X
MP5V>]CVK^+<O&^YQ$.(00"B%U?F\VX`34L0A`3M(U#?NB_2V_P!,[D=\QLW)
M&?;QACI\9=&6`A(=UME!;Y5LL.`6K@E^(4Z3.^"X\[-V2>IV[D;=V-F5(_DI
MV8T<^@8Z7UC7UY-[W6S"+5AGL$ZEG\-7VR#9)655FF:#E1TH5-?QO$'0'Z@&
M*O+Z?PAAB@5KE2]]U'RO73;+$EFY8']*U(4$].39&R6%S>\HY)J6%N@6RK'Y
M%IJ<`4`UD]YH"W"4'MU6W<7,PMB3=7.(G7J3Q[$W!8DY#$2;"F+*,9P2R)(-
ME$M`2+V()MBE4$.U45#?MS6"@;5S*MJ-37C-@!I32`*?)*NVJ4"RL#VSM&B[
M:6D8EI"OP0DI1**=L6!Q,R,XKQ'H5]21:D'PB/!:^<*W[$05\$`)DA%#%@.-
M*?\`H=GTQ4TIW2N-6K5BV19LFS=FT;)E1;M6J*;=LW1('81)%!(I$DDR!^P"
ME```,]``"@'"1/OB(Q$8B,1&(C$1B(Q$8B2NU7^2X_[Q(?WJV:CNW[ZY\P^H
M3,8GZ"?3]<R)F-ES&(C$1B(Q$__2[QMA;!IVJJ98-A7^;1KM0J[('TS++-WK
MT44U'"+-JW:1T8V?2LK)R+]RDV:,VB"[MXZ63103454(0R)C*%Y.Z=LLW0Z_
M692Z69_LBA:]VA65ZUJ'<%@A$:#M92;2U_9K;9H>AO:WKQC8S5M^*9;`[C%4
M2M%3+$3*01Q%)5+1R(U#3=EPFH[%9WC*\SWI@K9JA4;I*5^,7O$C-1%'8VJ]
M1-=?46DR=XEZ\]:0K69DF#F6=("BT(LH8I3)-)?U\_)\_P#<#_SIY>;?^]Q_
M[I0R/T+GS2'6;I,)&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$3Y+KH-4%G+E9)N
MV;I*+N'"ZA$D$$$B"HJLLJH)4TDDDRB8QC"`%`.T<=G$]D36INOD[R(V1>;#
MJ+@97M>W*5H#:&>[-VI;G2$K4X5>85%2/K%623GH*(E9I=!NJ*RRCM<I`272
M!`AR`N&^;'LFR8>/;W/K-,FWAW[9..J$)S2!VL0MVX$X@EA:`XJ0SU*CGG46
M]=1Y^6^S=#7\,YUAE.2]U&N<I2>`5=5JV7-&H&NDG2X*I0/,?Z9^G7?YG9UC
MY"<L]OO+UM*\M#Q<U!50%8^)A:@JX.HKKNOS1E1=5>E/6G=;/&421%TNW%9$
M\BLFY=>/=[OU\S;3M>Q=.;>F!MV-<UD*1=YKC[KNURVI=A][6R*=6DJB:0)C
M]@]-;6-O>Z=3]2[I<W+?<JWR];@VA:MG[UNRB7&%I"/=T!W.G4&N/K8G8Q/Z
M[UO7]?R$>QUQ0E(6JPCV3A:^[JD,X@VKJ&8+.6)BQXM2IE,FH@7M.42J_O$#
M`;]N<ZO7;ESXA[C%FN$L]?ZFKJJWRG5QX]_&=0MVK=L641`%0`+3^D4I0?)P
MX?-,GH,F;51=5LT;-U70HBY400224<"W1(W0%<Z9"F5%!NF5,G>$>Z0H%#L`
M`#/%`.P3W/3DQ&(C$1B(Q$8B,1&(C$1B(Q$8B,1)7:K_`"7'_>)#^]6S4=V_
M?7/F'U"9C$_03Z?KF1,QLN8Q$8B,1&(G_]/O<L\2I/UJPP2*Q&ZLU!RT2DNH
M4QDT%)%@X9D64*7^(Q$S+`80#]H@&(FO,G!RSHM^-31I/:S:2FG-6\5M>SVS
M"UBQJ;2C!XTVQ&T2">M9<)]&(8PVU(YW(P;PCEJDJTCI!SXPR2#@[$B37MET
MVWBIM&\;)]42]SH<=5M@6_BELW<,1'15F<3+6\\2MB--FU=GKJ1<2:#4:M=I
MRN0:#TC](B[!!BZ,7S8OP(T1632OGY/G_N!_YT\O-O\`WN/_`'2AD?H7/FD.
MLW282,1&(C$1B(Q$8B,1&(E#E[/6J^9$D]88.$.X*8S<DO+,(TRY2CV&,B5Z
MX1%4I1_8(E[>S*]K&R<@$V,=W`[=*DT\`91NY%BS07KZ(3V:B!]9EAK;MULX
M3>EJMH@]A24:Y;MI*%H5AK-@DHDK@3=Y]/&+-MHZMQ38A1,J[D7#1N41*0#B
MJHF0],6K[V;=^WCN]EGT!E4D%@*E0>RH'$BM?&>C>LK<>RUY%NJNH@D`A3V,
M1VT/<:4F([%S0TG7)BRL%IPLE%5J,?+J6*"7;3\9*SK/PBEK48,&I)&(^<.3
M':D4>>41.]*")!.)@-F<L=*]19#($VEP&`(U%$)K[&8-2G$FG`<3PXS$7>H]
MCLARVXH2I-=(9@*=U5!%:\!QXGAV\);Z?+&TU)M"2NZ]#7?7%>MSYFI`V5"1
M@)6`KT+*G!".)LZ6D9"`942PIJ`"KANZ,"*:*I2E5.N11$OL]/W,BV!M.3;R
MLU*BY:1AKJ.UK(;3SDIWI5J@^Z10GR-[6P^K<L9\?%>A2XP.FA[!=(KRG]C4
M6A'O`U`JK/DGL&ZR-@]F=$O=GU"/5?HP.Q0O+.H4^S'BUE6KT(Q[8:XB,D51
MZW41:K1G4F:YR@)W"*8F4)%S8#A*W\ON6/C9!4%;7OO=!(!`N*B$6A0U.IBP
M']!/"2F]?%D?QF!>OV`Q!N>ZEL@<"49F!N&O`4`4G^L#C*?(\C-Q*PT3,1'&
MC;;!R+9X>4@W]5BI@CR2$Z(Q,2PE4;Y7YZ'*OV"DZ>NJ^LT;F5%4HJIH"#CU
M9Z>M/=LK>ZCVY%K[]'N,0O>5/+",0*T754F@GFYO=U;=QK6Q9S-0Z:H@!;N!
M&LL!7M;30#C-3NX4.6G)_8F[=(:L"&WU9:"G2_<+84SL*0HFCM,W6=(\L,EK
M'7M#B)@S6[RT8RBBQ+B5>.GJR"AU2.6K=4OF3]6V?;NB^F]LVS>.H#=LX>8]
MQK=A[2Y%^_;MD+;NNS(%LH&/,5$1-5%;F7.P<1Z@Z@Z^ZGWG>NG>BL>QD9>`
MEI;V5SC9L8]VX&9[-M`Q-Y]*\MW9WT$LIMI]X[*OIBZ2M&DN*%;:;!@G=;V9
ML2T6[9NPH5\DX1=1<S/2?2X:-.BZ<.5T"1U+@8M`J8G$$P)V!V_^(=&]3-ZQ
M=ZZJR&VZ^+FUXUJW9LL*4*HNICP`'&XSFM.-9OWI%L6X[)T9C-O5ETWS,OW<
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M+]FLF?\`\*A!'SK345U#4.T2:&@-.$^<C=:;#C#A+VVLQ0V%V9A`!(ST4Q&<
M?$4(B9E#@Y=)=3=E64*04T.^<#&`.SM$,%T%*N!7LX]L!2:T!X2/2_+*LOK5
M;Z71=<[7V7-U26:UPKVF5=N_ITK9EA<"[A_72DFE5H`8=%(JKM65<LBE2/VI
M@J8HES.+L.X#&.9E<K'LZ=2B[<1'=>S4EHGF,/D(7WOZ:S$-O6$<@XV,+E^Z
M&TGEHS(K?A:X!H4_*"W#OI(^[RYQR.L:VB]O@4CC4S<)*%5LFP+1#[-M4\NW
M,472&EM8Z[<23_8OV2Z()R3Y:,CD5E>ZLF/<.&;#L?1V9NV9C)MV%<W!2*W%
M0M8%FO8+]UT**:@U56+$"JMQ`FJ=2=>[1T[@WK^\;G9V_MY9;3?>]3MY%JVV
MMQQ%&*A031@*$R$,C>_J=;\4"1T%1-\U[7MR-%P=>V7OBW:JT^\19ICU5:XR
MNK*=5HFSP-?=,BB5NYC%'+AT4Y1!=SWTD";G;V'TWV:Q>Q.JM_QLC.ML7:UA
MK?8C^GE+DAP&:OW@^FE#P6A:<];JWU6Z@O6LOH[HW(Q]KO`);OY]RS:_[N=<
MQ=!=;97[I346X'4U0HRH/T\N;=2+)6.N<K=&[9N4^U<.)@-X\9*O-.&LF"2#
MINSC]C32VP[U)1R[U$6QC.Q*FBW[%2MS*`4A+$=9>GF5D8[Y/165B\D!$N8^
M6P?1Q!JH%I0:&ONDEB2"U"2<A=Z(]6\6SD-A>HN#E/>JSVLC`06P_`@*];SL
M*C35Q[JT(6H`$7-V;DV;IO9>MX;D[PJHVMS6&MSY=?TWCJXC91CREV<RG:*1
M#7ES&!==-:T&0M*\7*+M)!G(2"!&0(`1SYPHAN6R;)M6[[9N-WI?K._D+:N)
MS;F6"IP;!6[_`);>H5-U4#H&1D0ZM55T32=\ZVZEZ<W7;\;K3H*QCO?L/\/;
MPV%SX_)5[0%IRI(6TSLCE75[BZ0*/K$G"IR;^H9I.J0,GL;Z?E0DJ#"K0;6Q
M-./VQ(V;G&41-@+%*/JFL602TF=[#RCI`'($,LT\/O`!RIB9REI0Z9]/=ZRK
M]K;O4"\N>X8H<NR54LO&MR\=*T90:=C5IPK[IW1^L_5;8,/'R=X],+%S;D*"
MY\%D*]P*_"EO'&MBRL1JXE:5X@5=?7,SWU:=H5^Q;2K%7T;Q\BHJ%<2E,XZ6
MQ$FT+]?P08+.PA[I;$3QL'7GDX54J2"2"C!5%<I472:'8HJ?Q9L>DVV9&/M>
M5E9VX77<+<R[?^"U:J::K=OBSA>TDAP1Q4MP`]7\KURWC%RMZPL/;=JLI;+6
ML&X/B+]ZBDZ;MT:4MEZT4`H0:*X7BQM>;YW<I]DUJFZMT-PGW]IG;-TDJC25
M]A[CU4[B]0:PEU"%=WN12(<W;*05;A6RRL:X=IM2NB`)CMN^F#9:ZL="=+;;
MDYNZ;[UK@9NTV%N7!:Q[X;(O+V6A_P!K.Q`<*6T]S4.I;/)]3.M=XQ,#9NFO
M3S=,#?<E[5HW\O&*XN.YXWF_[DMH";;,%U=I2HT-_;/6OK/.M3WO6R<IQ)M)
MPAK-16>QUG-SK&Y;K&RR;Y@SOL`E"+1^LJI-HQD@F*:;I!N9!PV,82*")3G8
MN3Z-)NV#N1M;M:&M+IL@6WQ[96A-I]5;UQ=0-2I-0:5'$!F8?_Z"?9-RV@7M
MCO'EW+(ODW;>7=5JJ+R:"N/;<*PH&5:,I-#P)V)<7^.&ON*^G*GJ37T/&L4H
MF-CU;5.,V235_=[D$8Q93MRGEB%!9Y*3"S(H@*@F!!N1-!,"HI)D+SOJ?J/<
M.J=XR]VW"\S%V.A2:BW;U$K;4=RK7N[35C4DD]6Z-Z2VOHK8,'8]KL(JHBFX
MX`#7KND![KGM+.1W]B@***H`D'FOS:8Q$H5I?*1=9L4FDBW<*QT%+ODT':8J
MM5U&D>X<$1<I%.F91NH9/NG*!BB)1$.T/WY#&BL?9)'$@2NY,B,1&(C$1B(Q
M$8B,1&(C$1B(Q$8B,1)7:K_)<?\`>)#^]6S4=V_?7/F'U"9C$_03Z?KF1,QL
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M9=1L<VHFJB0K**9B8A57!Q/VB(B!2$`QA_8`YE-FL_$;IA6=874]*D@`>VK$
M#Z*\3P'$B8_<[YQL#*OBTSLJU"@$DGN'`$_.:4`XF@!,U:U7G-QCM<'4IE'9
ML-#*6UFQ>#$SSEHT?587IDTS-KJ];.GM=K:S1PJ"9SK/A05,':@HL00,/2\K
MICJ#%R/ASL^4Y)(!6S=(:G>*H".'$!@K>RLT_#ZEV3,QK>2-RL("H)5KMJJU
M[B5=E-.PE&9?D8CC+PC.5&DYUW88BOW.%GK-`*`DE5(N>JZL_8SG7<(H#5T5
MIY!E+HJD;^,94%R)-VZA%5S)$-VY97=FWJQ8;)O;-EK8!I4VG`\2`/I)IX&7
MUO==JNW18M;ICM>/<+B$^`-91;/R,BF%GKT!7%V%[DI2)4._UKK(\=?-JI2W
M=63D`>+M;)$46CP59.9(5I&3?*I/%A.@D0A@(H>YQ>GMTR$;)R$7$V]5%;M_
M4BU/8J^Z2Q/<$5SWD`<90R-[P++K8L,<G,)X6[.EVH.TM[P50/E=E'<*GA,=
MV&1W))U1!&7U92*U78N2"8/:.5>WHMSVN5SG;,B/:]K6.F8)4J17`&(U<R""
M)N[W#`"P]\+S'V?I[6MB]NN3FWJ\$QK!-:=OO72A([N%L_+QEED[MO%NTU\8
M./AV!VODW@H%>`X6]0!^=Q\G;(USO+#24)L5'4EA^I)6BW^R-"M[@@XUQ0[%
MIW_7$U4"14!96\`K3*9(,6Z14SDGYV5+X)RE<I&.?L#<[72&\96V7=SM>FKM
MMJDZ?\MQ;Y"]I>V6YEU6_P#KM)WZ3030+_J-TGA[Q;V6_P"IEE=T<#4>6C8X
M+=BK>53:M,/_`++K4J-0J96-L[4X@:/K$$RV]S&OMX@+"*[6M:QUW8X)<+@U
M.*CDT/Z<X\5"$D5&<N[D3`=PZ<LVKQ14J1U1#^$:&R;)U5NEZZNP]%8V*UKB
MUVY;91:/X@V4[*"*5HJLRT)`[Y<]0]8]$;#8L/OW6]W)%[@EJRXN-=_[=.*F
MJC5IJ9E5JA=7=+`BZ1OWG>2L4Y#75\X.<"XAA(JN*RP?1%+W+O=LJNDG%1+V
MNQ;0SO7-+=-A46=)*BL1^FH)@.[\9)5ME;N;L'0AR<P[C8WSKQV%'(:YCXII
M[S!V-+UP&@4BFDBE$H0VL+A=5^J#8N(^VY?3WILJL2@9;67F@D:59%%;%HBI
M8&H<&H+ZE9)K:9^GOPUX_P!E)<M5Z(K$):T0+Y2P3$A9KM)QBA0('F81>\SM
MD"`=F`G[56(-U!`3!V]AC`.E;SZ@]8[_`(QP]TWVZ^(>U%"6U;V,+2IJ'L:H
MG0.G_2SH#I?,&X;+TU9MYH['9KEYE]J&\]S0?:FD^,F7FFSH$8B679M=4>YS
ME'LMJK$5.SNM9UW9:+)R#?QG%:G7T,_@'4E']I@("ZD7)*D#O@<I#]Q4H`JD
MD<E[C;CG8=C.QL7*>W8R;82ZH-`ZA@X!]FI0>'=4=A(..S-IVW<,G;<S-PTN
MY.'=-RRS"IMN49"R^W2Q'&M#1A[RJ1>F64R,8B,1&(C$1B(Q$H5I?*1=9L4F
MDBW<*QT%+ODT':8JM5U&D>X<$1<I%.F91NH9/NG*!BB)1$.T/WY#&BL?9)'$
M@2NY,B,1&(C$1B(Q$8B,1&(C$1B(Q$8B,1)7:K_)<?\`>)#^]6S4=V_?7/F'
MU"9C$_03Z?KF1,QLN8Q$8B,1&(G_UN_C$2GDB8I(S`R49'IFBB*IQ9B,VQ#1
MJ;A,$5TV`E3`69%D@`IP3[H&*'8/[,1"<3%(G8J(QD>DI%HKMHPZ;-L0\<W<
M@D5R@Q,5,#-$7`($`Y4^Z4X$+V@/8&(E"OGY/G_N!_YT\O-O_>X_]THY'Z%S
MYISB[`X,<@]/;`NE_P""5XU)#U_9DI*3=ATKO6K*SM+H%ULO<:3&Q]0RS2/E
MWE9>G!<7*T4")(\_@%3.1V@1JR;_`$AM_7/3^\8&%@==8.6^1C*JIDXKZ;EV
MVG%;.0I*AQPH'J7%:@HQ9V^<MR].NK>GMSW+<O3+=<*UB9KL]S$RT+V;-Y^#
M7\9@&-L\=1MT"'2`0ZA+:V@S@?J1P9%=*VWBOQ&Y$052!*1+N6T#`U"L[&C'
MA")PR):0DR\.&O<:_;N%I(Y8TC/N`4J9"=]%PYNWO^F]_3O6)U3N^W7[W#X=
M-5Q[+#[QYA/O6B"`GOEJUJ31E6TL_P#,F&6V'+Z3V;=+-BC?%NRV4OJ>"CE`
M>Y>4AC<.@)2@`%5=ZHIPFY4\C4JU5>3DYQ^TMQ[;6*$M%AT+Q;K\]"3%G1JX
MK.*S5K/?%NG^`R921DG"QF)EDBJ)`=L"*I45D*0ZUZ5Z<.3E=,6-PS>H#;9$
MRLUU94U\'=+0K4E:@:J&AHU14-4N]`===9?!XG6V=MN#TN+R7+F'MZW%>YRZ
MFW;N7C2@#49M!(J*II8*RYCA?I%\$XF1;2#W5L_:B-%0>)Q5OV;L6=@U902F
M*O+O(A>RD9/GSL#CXH+%40,(_L3#,/?]7.NKMMK:;I;M$BFJW9LJVGN4,$J`
M.ZE#[9FL?T*]-;%U+MS9;MX*:Z;N1?="W>Q4W*$GOK4>R2LA>*'&6O:^E=4P
M^A-3,]=3KAL]G:AZ%KSB'G)%DEX+&6FD'3%<\M,L4P`$'C@RCI'L`2*%$`'-
M5O=5]39&X6MUO;]EG<;8(6YS7#*#Q*J01I4]ZBBGO$W;'Z(Z/Q-KO[)C],8*
M[3=(+VN2A5V`H&<$'4X[G:K#N(GAU-Q`XQZ*LCFXZBTE0J':G4>O%*6"$B`+
M*DC72B:KIDU>.E'*K%NZ.D3Q2HBF"@$*!NT```][MU?U-ON,N'N^]W[^*&#:
M&;W:CL)`I4CNK6DI['T'T=TUEOG[%T[C8V:RE=:+[VD\2`34@&@K2E:<9(_-
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M>W.+I[#84M1(O8*\*G2Y2ZQ=$DDI9>-;OE'!6A''8`J,WJ;=)I,CWS\GS_W`
M_P#.GEYM_P"]Q_[I0R/T+GS2'6;I,)&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(C$
M1B(Q$8B4*TOE(NLV*321;N%8Z"EWR:#M,56JZC2/<."(N4BG3,HW4,GW3E`Q
M1$HB':'[\AC16/LDCB0)7<F1&(C$1B(Q$8B,1&(C$1B(Q$8B,1&(DKM5_DN/
M^\2']ZMFH[M^^N?,/J$S&)^@GT_7,B9C9<QB(Q$8B,1/_]#OXQ$A)9>)\O*<
MDT.0,'.:O@'D;9U+VS?MM5.4MIS4R&BI/2:%$N6SF5U:'G-1"=9E.KQA8Y)P
ML]CVZ7C%!!%8B37A2>&J\2+7%;HKM^G-AUF0H=7W=<N3T13XJE2\=9$=W;$T
M3/:*M22UL=W628NM>H1UZLLDQ9C&%>E6E6R"C@Q8\%7:*\)+R^?D^?\`N!_Y
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M?*Y$]4X39)?/R?/_`'`_\Z>7NW_O<?\`NEOD?H7/FD.LW282,1&(C$1B(Q$8
MB,1&(C$1B(Q$8B,1&(C$1B(Q$H-K>&CJO9)`J#9T9A`3#PK5ZD*[-R9K'.%P
M0=H@8@K-EA)W5"]X.\01#M#(;@K'V21Q($KV3(C$1B(Q$8B,1&(C$1B(Q$8B
M,1&(C$25VJ_R7'_>)#^]6S4=V_?7/F'U"9C$_03Z?KF1,QLN8Q$8B,1&(G__
MT^_C$1B(Q$P_O?:++3VM9&YNZ^:V.G-DUW0*U5@?,HM*R7O;FQJGJ;7<"[EI
M%-=E#QTO>[M'-W3U1)8&;=0ZWA*B0$S2&*D,I(810-P(X2*`\LGC9G6Y*3XX
M1C6-;;K9<?-JNVE_JDFO6]H2NWHW4D="ZOA&U=+9-M(^%+(6MRHY95DS>HF,
MOW#R2+F*0J?$9'GO^8_;//)M_@7P$MVZ\\-=T7;#NA3FM*A&5J/V%KZB'L4[
M>Z]`6^R)['W5/<=64]KG6[^M>:O;6F[8J$H%D10DD%(V!(V?MQ>KN#L&[XG(
M\]_S'[8Y-ORU\!,XZ6Y$T/>&Z]X:JK&O$T*]J.IZIMT!LQP2+4@]J1FQ[9O.
MAOY"IQA6)'B,!6KEH278HR"JAD9D`\TS`S$S9TZGXC(\]_S'[9'*M^6O@)*K
MH$%\EB?\:S^#CXC(\]_S'[8Y5ORU\!'0(+Y+$_XUG\''Q&1Y[_F/VQRK?EKX
M".@07R6)_P`:S^#CXC(\]_S'[8Y5ORU\!'0(+Y+$_P"-9_!Q\1D>>_YC]L<J
MWY:^`CH$%\EB?\:S^#CXC(\]_P`Q^V.5;\M?`1T""^2Q/^-9_!Q\1D>>_P"8
M_;'*M^6O@(Z!!?)8G_&L_@X^(R//?\Q^V.5;\M?`1T""^2Q/^-9_!Q\1D>>_
MYC]L<JWY:^`CH$%\EB?\:S^#CXC(\]_S'[8Y5ORU\!'0(+Y+$_XUG\''Q&1Y
M[_F/VQRK?EKX".@07R6)_P`:S^#CXC(\]_S'[8Y5ORU\!'0(+Y+$_P"-9_!Q
M\1D>>_YC]L<JWY:^`CH$%\EB?\:S^#CXC(\]_P`Q^V.5;\M?`2'^Z>2-?U'L
M20I[?4\9:(&A5;4%[W5:1FX.`<T&E[UVC:-3:_EZ_7G4,]/>7*<Y0YU_*MS.
MXH&<3%'.@H\>*MV*KXC(\]_S'[9/*M^6O@)3T^1SME;]FT*U<?8^MVVJQ-!F
MZ3#IW&L6(9]IM?;,[IK6C'8LA`03V(U9.6VR1*+])NDXL"181R9?QC.6KMDC
M'Q&1Y[_F/VQRK7X%\!,(*\_Z::A,;A/:,K$%![*I.EMGZ>E+/?:XUHE@TWR`
MNBU(J=[W+:"5%Z&FHZ&!=@^GTP8V%LQ9S3(B3AVY%VW:/B+_`)[_`)C]L<FW
M^!?`2^VO,9C9(W1K:BZ"CI6[[[:1"%1K]IM<54(`D[/L-PVF#6-:T*?9%Y"A
M3.M^.UVL32::QJKARP91@)QYCRO](^(R//?\Q^V.3;X^XO@)^67,;JC34=CB
MN+\M*5'<]?G"4QM&VC7TELZ9V-6-5WO9EFIT5KV.%XP6KE:D*"M5GU@>3<>B
MG9'S,I&RL:N$D#XC(\]_S'[8Y-O\"^$R%Q.VC)[;3N<?:/;:_D@VU.M#38VL
MJR\BZ*R7V1&/;(YTLZ]0D3E'M\U&@5`KQ8[=FY5AI.)6?LV4BJY0R?B,CSW_
M`#'[8-JUY8\!)B=`@ODL3_C6?P<?$9'GO^8_;(Y5ORU\!'0(+Y+$_P"-9_!Q
M\1D>>_YC]L<JWY:^`CH$%\EB?\:S^#CXC(\]_P`Q^V.5;\M?`1T""^2Q/^-9
M_!Q\1D>>_P"8_;'*M^6O@(Z!!?)8G_&L_@X^(R//?\Q^V.5;\M?`1T""^2Q/
M^-9_!Q\1D>>_YC]L<JWY:^`CH$%\EB?\:S^#CXC(\]_S'[8Y5ORU\!'0(+Y+
M$_XUG\''Q&1Y[_F/VQRK?EKX"0_E.2-?CMXN]9%U/&.*'";BJ7':T;,&;@T'
M\-NN\Z=B=XUR#2H1X8SF1J"M/M,&V7EBR2;I.6FD$4X]9LD[>-WQ&1Y[_F/V
MR>5;\M?`3'QN:=3A]&[$W7?-#R-`'6>S=IT>ST28E:7*6.+A--4:P;8OL](R
M=:&9JI)N,U?4)5XG&M'SUJO)MDV1)`2+`\)'Q.1Y[_F/VQR;=::%\!,?[)Y^
MQVGTYBO;,X_U"G[-K$G)DL4!*[4@"408MKJN+VU"Q=:V02A'4L&T;Q%/G41`
MUI2'9#*3\._13>^23;R#I\3D>>_YC]L<FV?Z%\!-G]?<(/(2)?MHAW`I24<S
MD@A9!DC&R469^W3=G8R;!`ZJ322:F5[CA,IS@14I@[P]G:/AF9SJ=B6]O&2`
M%%%%!*QGF3&(C$1B(Q$__]3OXQ$8B,1(\<J_;?V-M'NGZI].=<UQT3T'V>O_
M`'2]SJ;[(^WO?_I?<+WGZ!T'S/\`1]7\OYC[#Q,21VS7;2?;+W?T-Z!_6?[@
M>IMU=4ZO^D;IONY[ISWZC?7_`+N?T?NQX/FO.^V7VOM_^7O]([<B3QH9DZR^
MP';QCZE^IOVPZ3QJ[O9TSVGZ_P"[C/V2]X>K_P"N^Y/OKY7UAZ,_J?.^0]<?
MZ3TS)D?+V2I\1O\`C[_4QLC])/IWUS^E_0GG/0OE/;'V:]?[L]'^A/*_P]0Z
MQXW5^[_2=/Z'Y;_SLB2:TXS9QDSS&(C$1B(Q$8B,1&(C$1B(Q$8B,1-;O*/]
M/7OM!>O_`'EZGZ?T'[V^W/1?;3V]]^9G],_ZA.I_[B])^^G7>F^F_P"J\MUC
MK'^A>=Q)%:2S>.WH'W$E/-_JJ\E^J.V><][OTM=%]_?1U^[GK/VS_P#F[P?2
M'D_2OK3[+R'I;I/]+TW$&8+I_P"D/R57]$_JN]6>6T9^C'N^W?7O:KS.X?8K
M],_JC_XT]JNF^IO#]Q_]0Z-T_J?])T#(D\9D&K_I0]G83VE_47ZV_4NP]K?3
M7I3]0GZA?::T>K?1/N5_\=]&]#^O^N]7_P!I]_U/Y7['P\1QE7XS^S_OUK7V
M$_5/Z=_3]KKT[ZF_3G[9^S710\7P/=7_`/J?O^O/!]<^G?MO6GENL?L\MB#6
MG&;4:WZ6\D\](=`Z;U^S=0]-].\EZI]0R7K+SG3/L.O^J_.=3[_]3U#QO'^V
M[^3/,K^(C$1B(Q$8B,1&(C$36[/_`*>OUE(^:]Y>L>\E/]2]/Z+^G+]6OZ=5
M?0/K#O\`^^/=C]-W3_`\'_:?A=%\W_K72\2>-)X'/Z//+\A_7?K#T/W^<?O-
MZX\+T-Y;HFK?U$>6Z5_7]_T1W>B^!_J/1^M]W^'OXCCP^61>E/TS^9M'J/\`
M6Y^H/TGN#WG]0^U/OK^G+VPX[>ZGKCSW_P`4^VGMMZ![GIO_`'YU'S'DO]P=
M?R)/'Z)NLI7IST=4O1WY1],P/I;_`-=^7.EM>B?^Z?ZG_P"V>%_ZG[?_`/9_
0'VY,\RYL1&(C$1B(Q$__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g82810g94v78.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g82810g94v78.jpg
M_]C_X``02D9)1@`!`@$`8`!@``#_[0E,4&AO=&]S:&]P(#,N,``X0DE-`^T`
M`````!``8`````$``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````.$))300:``````!M````!@``````````````)````,@````&`&<`.0`T
M`'8`-P`X`````0`````````````````````````!``````````````#(````
M)``````````````````````````````````````````````X0DE-!!$`````
M``$!`#A"24T$%```````!`````(X0DE-!`P`````!K`````!````<````!0`
M``%0```:0```!I0`&``!_]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,$0P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,
M#`P,#`S_P``1"``4`'`#`2(``A$!`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$`/P#T_*R&XN._(>RRQM8ES:F&QY'\BJO=99_59[TL3,Q<W&KRL.UF1CVB
M:[:R'-<./:YO\I4NM]>P^D5U-L<UV9EN]/#QG/##8_S>Z?3IK_PUNW_@ZJ[\
MFRC'NXS,R[\-@Z=?DOZ2>LY`S,W)Q:RS(<+7-H_08+&6Y&+;GNK;CX&+77?U
M.QE63U'J7I7XN=BWI3V#NH9V?G?9NE;&8N+<&YV;8W>'&MWZ;`PZ]S-]W^"R
M<O\`F<3^9V7Y/J_9M99UN5T7ZOX6/CO>S$H:&TXF.V7/>1#&4XU#-^1DV^[Z
M%3+;5C='^O.#F5ORLS)QJF9+P.G]-QW'*S@S7WYN/A.R7^O;_._9J*/U)GZ/
M(NLL_FTIZI)8OU:^LH^L(S;J<2W%Q<2[[,Q]\-M?8T;LAK\;_`>BYS&_SGO_
M`."3]4ZGF79PZ'T?3-<P6Y>6YNZO$I>2UED._1VYM^Q_V/&=^Y]HR/T%?IW)
M3/+ZT7=1=T;I;!D=18P/R7NGT,5C_P":LS'-C=;;]/'P:W>OD?\`=7'_`%I8
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MO^S,?E"J_(Q_M)J'Z0LG9LQ7^AZF_-LW^W$J]2[]'[_?Z7J)3U*2Q/\`G*Z\
MD=-Z5U#-ANX/-(Q:S(]@W]6?@.?N_P"!KN4FGZV95C"YN%TR@;7.$V9EKH<'
M.J^CT^BC<SV.?^M)*?_0Z?HG_-__`)TYGVWU?^<WJ/\`1_:&W?\`9X/I?LCT
M_P!7^R>CZO\`,_K?]*^TK3Q?^;/_`#IS?2V_\X/3K]?U-^_T=H]/[)ZWZ/T/
M]/\`8_\`"_TG](OG!))3].C]D_MAT>C^U_LXGZ/VC[-O[?X7[+Z__6O51<;[
M!ZM_V7T?5W?K/I;=V^3_`#^SW;_I_P`XOEU))3]5)+Y5224_3G7/1_8O4/7]
M7T?LMWJ?9H];;Z;]_P!FW>W[1M_F?^$0OJU^Q_V#A?L3;^S?2'V?;''Y_J?\
M/ZN_[1^?Z_J>HOFA))3],YW_`#?_`&7_`)0^Q_LJ1_/^G]GG=[/YW]!_.?\`
M335?\W/M&%Z/V+[3Z1_9VSTM_HQ[OL6WW^AM_P!!^C7S.DDI^F.G_P#-W[?E
M_LS[']OW'[?]F]+UMVYV[[7Z/Z7?ZN_^>_/57H__`#-_:V5^Q?L/[3V_K7V7
MT_4V[O?N]+_A=OK[?\+Z?K>_8OG%))3]5)+Y5224_P#_V3A"24T$(0``````
M50````$!````#P!!`&0`;P!B`&4`(`!0`&@`;P!T`&\`<P!H`&\`<````!,`
M00!D`&\`8@!E`"``4`!H`&\`=`!O`',`:`!O`'``(``V`"X`,`````$`.$))
M300&```````'``@``0`!`0#_[@`.061O8F4`9$`````!_]L`A``!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`@("`@("`@("
M`@(#`P,#`P,#`P,#`0$!`0$!`0$!`0$"`@$"`@,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P/_P``1"``D`,@#`1$`
M`A$!`Q$!_]T`!``9_\0`;``!``(#`0$```````````````D*!@<(!00!`0``
M```````````````````0```&`@(`!@$#!`,!``````(#!`4&!P$(``D1$A,4
M%187&!D*(2,E)S%!)"81`0````````````````````#_V@`,`P$``A$#$0`_
M`+_'`<!P'`X6WN[#M=NOBN&^8W*[/4@G$S78CM,4)6S2?,[RO2;J,A*;XA64
M`:_5=7A4>I,``]6,):!'@8?6-",98#`ZQK&6.\]K:O9U((/)*Q?II!XG+'NM
MIEEM%+Z]=Y&PH'AR@\JRS+7%HS)(FL6#0+LI%!Z;W2<?I&#!Y19#..`X#@.`
MX#@1]6-NR]R6P'RAM+:M.V3M]A)+#,I^K<U$6U3I=08NRWJD%G7>D0/"5\GK
M4+Q.%"XPG=I$((,X6!;2LY4@"O;VS5YLJ5^%]>WOL'V9NOMCVQD44;-6=?-2
MY8[:OZV:_MR%>U*;<O*:PBNUJR:OM35]'6UV/)>YN]N:U:),;E,02G(<_:A;
MGKUGE$>@,'8)O)ONLT8X?&6>7S+V*=L^VRAL942)_DWQJ0LI*W_/.Q!JKT"@
MA+*]7R!QC&,8X&8<!P'`<!P'`<!P'`<#_]"_QP(K.R.5=D5&C@.TFC;9&]B*
M^J-O=0[#Z'.$43DSV]8:L<$"Q;,*+L]L)5R9IM^&-20X"!B$F7(G8LT?II52
MP!*)6&[-$^Q76'L1@4FE^ODI>`2:MWA+%KJI>PH^N@MW45-5.%X`Q&UJ\=\8
M<F!P&J9UQ!"HD2IK6GMZLM*J.&E4A*##^R#L>J7KQJAG=WY.HL?8:X'0VOM4
MM98F!6Z6;L+<*\!22/Q6.L;0E<'5'&RGE>C+=GHPG"%OPJ()R,2U6B3*0YTZ
MY.MZP*_L!X[!.P22M]T=E-S1_P!H_N"0W"FL=5H`YX)5H]>:`9\+'%L;&N-@
M_L.CT28:>Z*LG>F>82,P]8$T7`<!P'`<#Q9))([#8Z_2^7OS+%8G%65TDDHE
M$D=$+''8W'6-">YO;\_/;F>E;6=E9VU*:H5*E!I9"<@L1A@@@#G.`KXLVT-N
M=U5VO=2ZK*)[5O4W6ZZ0,5^;E1IP=(!.=R)HR*#V1;06LTC*.3/S12IYQQN)
M1+FXDI<N)3#2(EK?DP.5H2@[4-=R:Q:%VLS=;=$P-WN2KZO-;];Z0;VYCCD)
M*<P+TA`RD+*-TBS.I,9&I8M="D(E1`G5:GP3D1AJCP&$4W\=.OM?+`HJQMV%
MJJV;&[&['G4@IWL-LG9-D=F:[*\V"K\;6Z3G7IJC;PB0HZXK:$&/3=A`UM1"
M<)J(I"2X`*5MP6]M"R!P'`<!P'`<!P'`<!P'`__1O\<",/LA['V72EAAM7U9
M##MA-YM@E6(UJQJM'33#'Z=/B@XU*HF\U-2F%CA]/0S!!JEY>5`R"L`($26/
M`\C,)"+;4=U8>O."[@3TR:P_9'=^Q)!*-A^T_>\V,>TT_P!8GR+1MVDZNN'!
MTCZJ.26POQ*RJ#4<8K*)942=U<G4LYR%&6]Q"J1!K?H6Z[[JMBVY-W8=B$HG
MEK;$WJSG!U$;+?*0I)34=%2#+SA/.54*:2<1&MG2Q8ZZ^:.Q]CS\=&XZXJ`A
M&><Y&#("V;P(RNSSM5UQZLZE89U<)<BGEDV0]`B=':_5RF+=+1N"6F&IB!(F
M-`+S%-3"V#6%97.:G'HE",*3D`4KE"5&H#L#6*R+0N'7RH+2NJEG+76U)[!6
M243>D'B1II8[5H].J?"DV,.3\E;6<*M<E)&`1H#$B50F&/)!Y19Q9@,!J/;?
ML/TPT72Q,W:6_P"$U:X3J1,D9B,75G+W^<2!>^/#8S%*FN"Q9$]R]6RMI[L2
M:N7`192(D_B8:8'&,>(=H\#%YM-H?6T/DU@6!)F.&0>&,;E)99+)*Y)6>/QR
M/LZ4U<Z/#PZ+C24B!O0)"1&&&&""$(0\"K(@<K1_DIVNJ3Y+FU.]%5*3[&#_
M`$!O,'LOLTLB$O:C!:-0K"-#(X?K5'7-O+,.3@`B<#C18\3`O."Q14+3,'@T
M+K*'1FO:ZBD=@L$AC*WQR(PV),Z"/QF-,#4G`E;69C9&LA*W-C:A3%A`4226
M```X_IC@95P*7/7MVXZ#:Z[*=S>R$XO.//9FR>_*Z-T'KIKS!IE9UL6@PT17
MXF@=Q1:!0UN<\#:;H&\C/R^N`FQM6N;8K--5AP:1C@38=4'<5&>VEWV"<ZLU
M;OBFJAI)PBD<:[0N3,7;Q3B<.YDA'*81B-QYQ>2&.00E`WMZA260YNF,`<L!
M4>T%@C"L.]=M=TM7M%:M-N7:ZXHS3T`^22,J!>]%NSL\R%[7'%$IF6)0^,MS
MW,)<[9]7!AB=L0*C$Z<(SS<`(+,,"'4/`\-ED\:DACP5'9"QOQL=>%4>D!;*
M[('0QB?T(2Q+F-X`A4'B;'A&$X&34Q^`'%X%CS!QXXX&L[MV-H+6Q@:93L#<
MU9TO'7Y\01IC>+,F;##D+S('-20D1,[4<^+D>'%P./4EX],GSB#@7F%X!_KP
M/HNC8"D]=(XT2Z]+1A=5QR02R.01@=9F]I&8A\F4N<T[/'(TS@4#P>YO#JO4
MA"`D@`QA!@1@O*6`8PAN#@.!KVP;;JFI6LY\M6S:]K)E3)3ERAXL&:1N&-9"
M),$8U"PYPD;DVI"DI`"Q9&8(>`!P'.<YQX9X$5\G[YNN0#N1$Z-L2Q-S;`7&
M&)&J!:84[86P#HYNWJ)RD;(&41MF3UFUNCH-1CVX7%^1%""'(Q#`#P%D-<QK
M>'N)ORXJ-Q3'5&EUZU>7VC$4-\6/NC=4&:;B#5:A:47/%<"I6N9D8]1.1,;:
M;D]N6N(W\IP/!Z&6XL.<J`!__]*Q%W7]XU)=2E9MK$B1M]O[=6@WKPU!1+>Y
M!R8UI_0-3IK*M3V(QN$?K],\"*(2D8P6XR%5@PA!CTTZ]6A",CJ/ZY=Y=J(A
M9.U79*98])6=M7'WMMLRQPS-VBNZMC5^N5D_4*RB"]F0,H-+M<&)L+%D<69"
MBY!(5'D,5FH4&"DAH<W=TVQ;>3NCH[T6:6:@$W?3U**H%;MEZGUJX*87$[$G
M9$??'JA:LMQ>C;EB=)0T/<%[--Y^J<SO2=4*OW*M4E5)P.``LH]:>JF]E$MU
MD61O_NX_;1W%<BIN?A5E'&=-'*`UZ&L-6/C]#:I2&$`?9`E3/+J)"0XJPHB\
M-:%,64B(%DX1@8+?6U_8A;5ZV/JSH-J=]`15PH2,-@;X;B(76-T*U/#FV('$
M9.OU8L@_N.Q;@UH'@H>5X5+8Q)UR4],H$/&"\G!$?,>G/LDUHW[J_LGK&=5C
MVR[`#J&30>:E;HR05*MM+66J?&]4QV%KDQQ4AWCT3AJ"'&.#,@8\F&&M)Z]:
MMP8H.7!&A"0M7KAW<[EH?0V,V\J+KAKE:%&6NK319A<K+O)8!&F4^L<?L=9!
MS>@AYSHM68R:6T,ZOTRDA00'>81A@PC`JC^*`94G:K2FYZ[;J1;$Z_UW.DUV
M29EV2R]2_9616I##REU;-S].6@#;%Y^TI']&A<UCRK"V&X^."BRU*B3AFEA<
MKX$2_:KUNS_LY9J`HYTV*<JBU$9+&.FFVE4Q9C5XFFQ;$QJ(\X02#()TF>$8
M(BPM[BA7F+0F)%F#5"A*J`'UD)/`DXKZOX15$'B59UK%6.#U_!(^UQ6'1"--
MY#4PQR.LJ0I"UM#4WI@`)2HT:4D(`AQCQSX>.<YSG.<AF'`J(=__`&Q;1M.Q
ME1]-W6>-<CV^V+##R)_:D=6K4LCJUIG2E2>S12.KD:,XZ)NRB*HA2%_D.//E
MBC(@GD^0PP9Z8)MNM+J9U"ZOZCC$*HRN(RJM0$1:V.T=AG5@0BM:UG@K)BYY
M<'9_.]XXLT=6/*DTQ&R)5`4"%/@HK&#1E>J((@=%M(>]K02J)MI)1J[1HRJ5
MU]698,9W8MN6V;85HABMAR\UW4OSU1R!J8FV0V,>VH<&J$ZES(;RUCAX>X4A
M*&:(.--N^I?L,UN[&=#NQ1Q0W5W@8KQRE#E<=>2Z75[5Z6#VZ:SOJ6M'.HJ^
M=3%4=JNJHY)7)J?D84X74I([1SU'`XG"D@?`[=VH*_DN;CZKVM):_B%&=<SB
MTP]7*()1593Y-;NVMON!3M[Q+`'"WCG5FJJI#!1Y('.#T)GOE:H[*8["<)@R
MR`Y7ZC^OOO0JW5]+1;+^$.L6-SN236PK\OB8X!M3N9>-B314TMRN<%QI7)UU
M<5ZZ(XVC-`D-6K1+BSRB3#B!C$,S@1^T?UU]KK5V<;-3&Y](+,[(;(KJW)#'
M-0=K^Q*YU3%J["ZVC<XEI[%<[E%0)WW,[?)"T(HVJ8H_'3R4$?`<N`)LR:$@
M2(.\>S#I"[))V/7??D^VDO95O)1%[1JU9C0$H5$5/K$CJF$Y32U!55#5<;(V
M0P"7,L82,.>37A(YR0I2(60>N#TE`0Y:ZNG\CWL^[6J.MZ3)[(UTM6@/F9E%
M9#=])635FL%(0WVV85/$C=`'B,J&^0O$\9WI0UFH\F'.[[DP19BX@A.)2D"W
M^GZEMX+?<@.NXG=%N#,&B0*CU4_JG5!AA^GU?+6WUSU;="HL]PHQ^L%BC*7.
M24J]1\AER>D(#2SC2LGBR`-V51T.]7%9OGW21ZT-.QEFFNPWMPM;;B1R;9R>
MNSAX`"E&XK[>=),TC);@%!]N46B*++'C)OER<(9@@E0@M>P&KHXBAU9P>'UW
M$6[Q^/BL%C++$8X@\0%EY]DQL")O;$OB`H(<^0H/]`XQ_P!8X&8<#__3E7U/
M_8U_>OVL^8_+G[L'YTL#XC];GSWM_>^UC_I_H_\`EO\`7?U/X/TOI7NO_L_K
MGK?$?X3PX%J'@:$C7Z7OU#67]/\`P)^J_P"EQ#\P_6OQY^H;\=^(OH/Y+^+_
M`-D_2_'Q^'^4_P##_P`^VX&^^`X#@.`X#@.`X#@1,P;]I_\`=SNOZO\`1_W:
M?PO$?R7]@_*WW'\1?5HK\']`^Y_Z>]Q].^-^2^F_Y?V/C\C_`&_7X$LW`<!P
..'`<!P'`<!P'`<!P/_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g82810img_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g82810img_001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@#*@((`P$1``(1`0,1`?_$`/X``0``!@,!`0``````
M```````$!08'"`D!`@,*"P$!``$%`0$!``````````````4!`P0&!P(("1``
M``4#`@,$!`4,#0<(!@8+``$"`P01!08A!S$2"$%1$PEA<2(4@9&Q,A6A0E)R
M(S1TM)46%QG!T3.3T]155I;65U@*8K+2<R0U&/#A\8*2PF,EHD-3L[8Y5)0F
M=]=X1(1%-H8G-T>'>1H1``(!`P(#`P4*#`,""P4(`P`!`A$#!`4&(3$201,'
M46$B,A1QD:&Q4G*2,Q46@>%"(U.3TS1451<(P=%B)-2"LM)#8W.S1'4W&/#"
M="4U\:+B@[0V=CBCPX3_V@`,`P$``A$#$0`_`-"X_7<_($``````````````
M``````````````````````````````````````````"+@??\#\-B?C#8\7/J
MY?-?Q%[&_>(?.7QFQ%?SU_;*^4QSU<CN[YG0"@``````````````````````
M``````````````````````!KF'13@8``````````````````````````````
M``````````````````````````$7`^_X'X;$_&&QXN?5R^:_B+V-^\0^<OC-
MB*_GK^V5\ICGJY'=WS.@%```````````````````````````````````````
M``````#7,.BG`P``````````````````````````````````````````````
M``````````(N!]_P/PV)^,-CQ<^KE\U_$7L;]XA\Y?&;$5_/7]LKY3'/5R.[
MOF=`*`````````````````````````````````````````````&N8=%.!@``
M``````````````````````````````````````````````````````1<#[_@
M?AL3\8;'BY]7+YK^(O8W[Q#YR^,V(K^>O[97RF.>KD=W?,Z`4```````````
M``````````````````````````````````-<PZ*<#```````````````````
M``````````````````````````````````````BX'W_`_#8GXPV/%SZN7S7\
M1>QOWB'SE\9L17\]?VROE,<]7([N^9T`H````````&<NSG1JC=7IFW*WPD9X
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M^19YA6,VVZ83(RIS"(=Q.9>[["1&G3\K;.&Q`613G%F2_")JKA2.7NW0L*-^
M5ZY<;QLCN+BA:N3<;JM]ZU2,75*WZ3EZJY5KP,'%VSK&6[*M6X)7['?0<KEN
M"=MS[M.LI*C<_14?6;XTIQ(K>?IPNVRFR^UVX>4R;K`SK,MR.H3;7,=OKG`A
ML)PJ\[$7S'+%*93<HLN2JX2;C+O3I/%RDTV;!&VIQ*JCSHNY+6MZUE:=BJ$L
M"SC8EZW=BV^\CE1G-/I:5$E%4[77BE0]:MH-S2-)QL_)<HYEV_DVKEII+NY8
MTHQ?%-U;<G7L5.#9F'O;Y<>.[7;2YGG=KS'>D[UB&![+YC:;CG&TEILNT6[=
M[WA9QI4;;7:/.K9E,N[9%GEH?R$VU1?HY1*<BN(4::<Y:=HGB/D:IJUG`NV<
M+N;U_)MR5K(E+(QXX_76]D6I0486I*%>KKY235>1M.K[#L:=IEW,MW<OO;5F
MQ<B[EF,;%Z5_HI:LW%-RE<BY4IT]C7#F8T3.@;JI@7MG'Y.WMI*<K'\\R.<^
MWN)MV[9K!'VM*TJW)M.4Y`C)SLF,91@K5\BN7.V39#,R.V[S\AI2LT[-#?VU
M+EAY$<B?=]Y:@EW-[JF[_5W,H0Z.J<+O3)0G%.+:I6K1K\]E[CA>5B5B/7T7
M)-][:Z8]ST][&<NOIA.WU)SA)J23K3@R"@]#/4M<,HO6*MX;CL1^RPMOIQ9#
M==R=O+/@M_;W::6]M8QAV=W/)8N*YA/W%0TX5HCV^4^[*4VLN5)H52Y<WSMF
MWBPRW>N.,Y75T1LWI78>SNE]W+48.Y;5GAWCG%*-5SJ>(;/W!/(GC*U;4H*T
M^J5VU&W+OOJ>BXYJ$W=X]"BVW1\BL]HO+KZD]U[S@,*3:<3VULNX&=Y-MS`O
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M[SBXY`[N3M^6*6W'\9R6UX;DBYV4ED1V-FYV'*;W$@R(1/JE>/(;)M"R4DSQ
MH;IT:[%.W.\YRO1M*'<W>\E.<)7(4AT=73*$924J=-$ZM4+\]N:K"34XVE!6
MI7'+O;70HPFK<JSZNFL9RC%QK6K5$RBLIV>S?`):6]PH#6'6]K<.Y[:7*ZS)
M,6YMP+[C\+';MDTEF%9Y$R;>+58['E,&6<F(EUB0B2VAE:UJ(AFXNL8.H0KI
M\G>N/&C>C%)QK";G&"K))1E*4)1Z94::;:21B9.E9F%*F=%6H*^[3;:=)149
M3:46W)1C.,JQJG5)-MF1]]Z3L*C7<HMDW7R5J%=.G/=/?_$K?F>UZ\=S*^0M
MMUY._;8]RL43*;G$QG&=Q\;QH[W9;E(DJD+M\AM*XGB:GK=C=F;*SU7\2TYQ
MU&QB7';O]=N+O="DU)PBYSLSGW5R"5%--J=">O;:Q(W>FSDW%"6!>R8*Y:Z;
MDE:ZZ)Q4VH0NPAWEN;=>EI=-3%#`;3AU[R6/"SS);SBN-%`NTN1.QO&5YADM
MQN$2VR'[+C..V$IUKC2KWE-W2S!CN29,>(PM_P`1U9)30]LS[V98QG/`M0NY
M/5%)3GW<$FTI3G.DFHPC632BY.E$JLUO"M8M[(4,VY.WC],FW"'7-M)N,(QJ
MDY3E2*;:BJU;,_E^7@R[E<C;FW[NK?SZ5D=[^@(\C"VVL;/!<9WHV_V2R*?D
MMS8R>3/M.>6C(<X=>>M,>/+BH^B)#!S/$<;,M`7B')8BU*YATT]6X];5ST^]
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M%3JJG84``&N8=%.!@```````````````````````````````````````````
M`````````````1<#[_@?AL3\8;'BY]7+YK^(O8W[Q#YR^,V(K^>O[97RF.>K
MD=W?,Z`4````````#/K;;S&]_-I+5LIB."Q<,M6VFS>+W#&).VK]AA7.P;FI
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M:O,HW<L^=7K/86!;<%<LAZG[MU1W6"ZG(W(#V0Y!M7=]G[YA2/\`S=+[>+3L
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M=_\`H;&HJ]RMM-D=NG;6B3D$JS8M)V`N&'77`<WQ^W3;D_&_.9NY84P[)2\E
M<9WQWD\I$94C[6P=(M8^-C]=UK&R<F]U4@I366KD;MJ;44^CIN-1I1JB=3.N
M[TU2Y>R+W1;3R,?'M4K)Q@\9PE;N13;776VFZ\'5\#)"T^9N6=YAN!?=\,!0
MNP9%L9U'8NWBEHRK<_,;+E>YV]ELQ^&AFX1LHSM:MO\`;XRM#C"(]A.,Y;&)
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M.Z=WL6%7C--@-TMX=V[7<),.Y,1\PR/>[-7<WR^-D,*+/::@VV/,D+C0D0/`
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M^M1PI&877([8<MXKO!NL*SVNRO.*6VN?`M2%J2V;E"RM&T%Z=#4%.3A+,RKL
MHN$N-JU*JMQA*BZ7%RG<2HU&<VN-#'U765G3PG&*E'%Q[<9*4>%RXJ.;DJ^D
MFHPMM\.J,%RJ1U[ZHI[]PM9XAMIA^#XQ8=K-ZMJ[!A\.[93?HEKMN_*LC?S.
MY-WF^7%^[K5;I>2N':(7,F#`99;:\-RKJW+=C:]N-N?MF3>OY-S*QK\[CC"#
MD\7H5N/3%*/%07>2]:;;=5P2]WMQ3E./LN/:LXT,:_9C!2G))9'4[CZI/JX.
M3Z(^K%)*CXMTK@V[F*;5;OXCN=@^VENNT/#<=LK%NQ_,KS>EF]GD?#8]INNX
MQ7"SSVI5MOD;,79-YM#;"_=[>\B*9-FID9>=I&7JNCWM+SLF4)WKDJSMQCPM
M.XY1LTDJ.+MTMW&^,TY<>)C8>IXVFZI:U'#QXRA:MQI&Y*7UBMJ+NUBZJ2G6
MY"G"+Z>'`NOBW6IDN!P;<U@VV^)6*\X[=ICF(Y'<,BSG*;E8L4O&Z6&;SY+A
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M``-<PZ*<#```````````````````````````````````````````````````
M``````BX'W_`_#8GXPV/%SZN7S7\1>QOWB'SE\9L17\]?VROE,<]7([N^9T`
MH`````````````````````````````````````````````8YW'IFS2VQCDO7
MO%UI)7+R-R+F:SUXD2K:E-->\;#:W-AW9=$87:^XO^4:!>\/=6L6W<E=QZ+_
M`%3_`.04[^@K*/Y4L7[[.[J__0AE?;F-\F?O+_,P7LW45_SEGWY?\D?H*RC^
M5+%^^SOXD'VYC?)G[R_S*?<[4/TEGWY?\DBX/3]EUPFQ($>YV'QYLAJ,SS.S
M^7Q'5$E/,903/EJ?81CQ<U_$MP=R4;G3%5Y+_,NV=D:E?NQLPN6>J327&7;_
M`,$OL?E_;L_GVG;XLKV^7>/HR)='9*9F0'`CM3&_$;8=7]`D^4A!?.(FS37@
M9B"^_P#I7L/M_=9'==3BE2%73M]>E/PFR_TAU_[0^SN_Q.^Z%)OJN45>SZNM
M?P%R_P!5;OI_/G:KN_WCE79__"XC?ZI:)^@ROHP_:$E_0W<O\3@_2N?LB,@>
M4_OS<9341G/-ID..J)*5.7'+"01GW\N*J.GP#Q/Q5T.W%SE8RJ+_`$V_VA[A
MX%[FG)163@\?]=S]D5E^IIZB_P"T79G\IYE_4\87]8]O?P^9]&W^T,K_`-/^
MZ?XK`^G=_8G8O)GZC#)1_I%V8HDE&?\`YGF?!)5.G_V/[@_K'M[^'S/HV_V@
M_H!NG^*P/IW?V)2[GE);_->*:L^VC/PE&2J7'+=:<:5Q0AE+Q8T%T_,9?'_3
M;_:&._`C<RK_`+3@\/\`7=_8DM;\J??5TU$6=[4%RG0ZW'*_ZK"X_%/1%_S&
M5]&W^T/"\"]S/_O.#].Y^R(UGRF-^WSHC/=I"TK[5QRS]C%3'A^*^A1YV,OZ
M-O\`:'M>!.YG_P!YP?IW?V)#WSRH-^;#9YUZDYSM5(C6]DGWVH<W+79)MFKE
M^YMGBJ26=>RH]V/%30K]Z-F-C*4I.BJK=/\`M#Q>\#-S6;4KLLG"<8JKI*ZW
M_P!B3+#O*-Z@,ULT2^6W/-IH<2:2E,MW*;F,>3RI.AFMI&).\I5](M9GBUH&
M%>=FY8RW->16VO\`M"YB^!&Y\NTKT,G!49>65U/WNY*O3Y+?4@J0W'/<G91*
MG*46JZ9KR%4R*IF6&UT,^X8?]9MN]+E[-F\/]-O]H9/_`*?MU=73[5@?3N_L
M2M'O(BZHV;5/NZMT]A51K?#=G/)1=L\4ZMEE)*639?F/R\U#[3(JC"CXZ[7E
M=C96+G]<G3U;7[4R7_;INU6W<]KT^B5?7N_L"1[0>2)U&;V7&ZVW#MWM@#<L
MS*'9STR\YU[NVXMQ39QN>)@\I7CH-.I&1%Z1>UGQMV[H=J%W-Q,^DWP2C:K[
MO&ZN!9T[^WO=&ISE#&S-.?2N/IW?>X669'H_PTG6@XA*RWGZ9B)1$HB.^[EU
MH95UIMP-:?\`<MLQ.GL6I_0L_MB87]L6\G_WS3/UE[_=SU1_AGNM)9F1;S],
MNB5*UONY?!*34?\`_;CC0A1_W,;,7_<M3^A9_;%?_3#O+^,TS]9>_P!W,=<X
M\C/JBP++IF)7;<C8^2Y;_<2EWB#=LW5:FW+@XEN.T1R,*8EJ<YE%6C5"(;)@
M>..V-0PXYEK&SDI5I%QM]7#GRNT^$B,G^WC=N+D.Q/*T]TIQ4[M./_Y-?@,A
MF_\`#1=:#K33R=Y^F;D>9:?21WW<NI(>22TD=-N#*I$>HUQ_W+;,3<7A:G5.
MGJ6?VQ++^V+>35?;-,_67O\`=SM__P`T/6C_`&S],OY=W+__``X%/_4OLS^"
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M6I0TR61A*[/D^JYT^_W5?@-A:O\`#5]9:834].]'3.N.\TAU'+?-R^?E61*(
MC(]N"(C(C[QSM?W*;-<W;]BU/J7^BS^V-Q_],>\J5]LTWC_TE[_=SV:_PTG6
M>\REY&]'3+RKX).^[E\Q>LBVXH/,O[EMFQETO"U/Z%G]L57]L.\FJ^V:9^LO
M?[N>Z?\`#.=::RJ6]'3)J=-;[N9_^&X\O^YC9:_[EJ?T+/[8K_Z8=Y_QFF?K
M+W^[G!_X9[K1(C,MZNF%7*KD4E.0;E&I)T,]4_HXJ1:!_P"IC9G\%J?T+/[8
M?^F'>7\9IGZR]_NX+_#.=:9IYBWHZ9*:_P#[=W,KI_\`XW]`?^IC9=:>Q:G]
M"S^V'_IAWG_&:9^LO?[N6BO_`)`75CCLRX09FZFP#DBW$9N(CWC/U>,22,ZL
M^)@;9F1D7;03./X^[4R81N0Q<]1EY8VOA_.F#=_MPW=9DXRR].JO]=[]@2C:
M;R'>J/>"5=H6/[K;!6V59G#;E,WJ\9XTI9I4:34S[G@TSF25.V@O:OX[[8T:
M$)Y&+GRA/DXQM/X[J+6!_;KNS4)2C:R].4H\ZSN_X6&7ZA_X:+K11(9?/>?I
ME-,9YA]9%?=RZJ2V\E1DG_\`EP15,D]ID-?G_<OLQQ:]BU/BFO4L_MB7M?VQ
M[RA<C/VS3.#3^LO?L"[4CR9NI%I]]I6XFRAJ;=<;52ZYI0S0LTG0SPXM*D(N
M/C+MMQ3]GS>*^3;_`&AO3\(-Q)_O&']*Y^S/']35U(_VA[*_E;,OZGCU_63;
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MG)'-3]QNV6Z5.FI.8F@].)^@>EXQ[::XV,Q?\&W^T*/PAW&O^>PW_P`*Y^S(
MI?DS]2:*<VX6RI&95I]+9D9EZ#IA]*D/"\9MM/ECYOT;?[0K_2'<7Z?#^E<_
M9G7]35U(_P!H>ROY6S+^IXK_`%DVW_#YOT;?[0?TAW%^GP_I7/V8_4U=2/\`
M:'LK^5LR_J>']9-M_P`/F_1M_M!_2'<7Z?#^E<_9C]35U(_VA[*_E;,OZGA_
M63;?\/F_1M_M!_2'<7Z?#^E<_9G"_)KZD4MJ<+<'9=9I^L3=<R-:OM2/$"+Z
MH+QDVVW3V?-^C;_:#^D.XJ5[_#^E<_9E+Q_*4ZB)-S:M;>8[4DZX:B4^JX98
M4=GE.A^(K\U>>ATTH1C+GXL[=A:=UV<NGDI;K_QS'CX4;AE/H5[$^E<_Y!5)
M^35U(D9E^D/970Z?[VS+^IXP_P"LNV_X?-^C;_:&1_2'<7Z?#^E<_9C]35U(
M_P!H>ROY6S+^IXK_`%DVW_#YOT;?[0?TAW%^GP_I7/V8_4U=2/\`:'LK^5LR
M_J>']9-M_P`/F_1M_M!_2'<7Z?#^E<_9C]35U(_VA[*_E;,OZGA_63;?\/F_
M1M_M!_2'<7Z?#^E<_9G5?DV=2*4*46X.RZ^4C5RINN9&HR+N(\0(@7C)MMNG
ML^;]&W^T*/PAW%2O?X?TKG[,HFY>51OS:C23^=;2N<RTMJ-FXY89-J4LD>WS
M8JD]#/L[!GVO%30;OJV,OWK?_+,:?A7KT.=_$^E/_D%;M>39U'O,(D-[B;*F
MTXEM2#.ZYF1F3B"66AX?Q(CU&`_&3;D9=+Q\VOS;?[0R5X1;B:3[_#H_]5S]
MF<_J:NI'^T/97\K9E_4\/ZR;;_A\WZ-O]H5_I#N+]/A_2N?LQ^IJZD?[0]E?
MRMF7]3P_K)MO^'S?HV_V@_I#N+]/A_2N?LQ^IJZD?[0]E?RMF7]3P_K)MO\`
MA\WZ-O\`:#^D.XOT^']*Y^S'ZFKJ1_M#V5_*V9?U/#^LFV_X?-^C;_:#^D.X
MOT^']*Y^S(65Y.O4;$(E.;@[,*(T\U477,3+0JFFIX@6M!ZAXQ;<FZ+'S?HV
M_P!H>9>$6XH\[^']*Y^S*;B>4]OW+N;5J//]H(S[RE):<?N>6^"M2>)$IO%%
MJ(S/A4AE3\5]!A:=WV?,<5Y(VZ_]H68^%6ORGT=_B)O_`%7/V9K_`,QE$45J
M,6CANFI7?RZ<?08W["AZ?5V4-*U6Y2RH+FW\!;@2AK_,`4+B;36PKSN-AUO4
M52?OT-)]M$H<0X?P4(Q&ZO=[G3KTUV09-:!95_5;$'^D7^9L(PIQ-]ZC-Q[D
ME1*9MCL2TL]I4B(2URD=.":'H.?YB[C;V/;[9)R]\ZCA/O\`<>5=7JPI%?@,
MOU:J.G;3XS&H]AMY4&,$:;U"YM/NJ?J5K\HL97U$O<+UCZU>Z7_^<DS3KIQ]
M?`:Z31[H^]C,_G^&]S=]>0Z5^`4?K>:J!8*_72-:8%TN$YU:(L5MQY[PRJXK
MD/5""^S41T&P6+4[MR-N"])D->N0M0G.?JHI"SSTW&%&GLH=::EM^.VEYLVW
M#;74T&9&6M4]O`9=Z#MS=MTJO(8]FYWD5-5HRKX#AI7JJA4,NSO3^P,2XC*@
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MKE5^Z9F6F2E]EE*C+FY2*A_7%3C\'`:5>@TVT3T7V$_:)DW4I4:2*ID?&G`R
MHK_)[QCOJI4N&#>^72+?=WMYL,W"MN9NV+'+:_#=RJPM(>5]++@.H-OE2U[*
MR631'17>-[T+>%C1]%O:=<L*YDR3Z)_)J:UJ>@W<_4;67"ZX68M=45^50S62
MDFT(:3\QI"&D%2E$-))*"IV4(AI#=75\V;(>Z/#Y/:Y>;7C]0>>-?,5)7=8"
MKG9[O;TKY/?;9,C$LD<Y\SS*D(27V/.HZ&?80NV;BM7H7/DR3^$\7(]=N4?*
MFC6_THX3NQ!W_P`VO69XT[CN*XU9Y.-V&:[S>%=R=?2I,AM2D5<69>U4^!&.
ME[MSM)N;?L6,*ZKF7=FIS7R>')FH:'CZA'5;MS)AT8\(],7\KSGCO9"58.L"
MQ34H)",SQ);-2*B5/1B-LS,_KE\S/U1ZT.?M&SKD'SLWJ_@?_P!HU"/=;AA/
M]);I[QG?M=..1C:6%*H<=QRJ#XD:B+ET[*T&@ZK;Z<GJ7:;/B.MJC+;=5&.%
MD.SN1<B#7(MB$SVO9YBHV=5T[CH0DMIY/LVLVZ^K+@S#UNSWVGS2YI5/F4WX
MD2K+GFV&X417(<2Z0HSSB2HKGC2$HIS$9'4B*A#Z=T*,;V#DX$^-8MT]U'#=
M<E*SG8V?'\F:3/JJVLR!K--J<3OR'B6W/Q^`\DC(JFHXS9N'4C/F,UUU'RGJ
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MJXR,CH94,89?.```'A)DHB,K>6@UDDB(DEVJ4=$_&>GPCU&#G+I11R455DHM
M&0,79Z7&\)4>3#,C=:70CY5'0E$GC347KV-*RHRK6,BW;NJXW&E)(GPQRZ``
M`')&9:D=*=H`\R>:4][OXJ#?Y>;PN8N?EI6I$?'05Z6H]5/1%56G:=Q0```!
MV)2BX'30R[.!\2`J>:&6R<\1#:"=/Z\DD2C^&@K5THWP*47X3O0^XQ0K1G`%
M````[H.BJU(BUK7M+M+UF0H^14I6YXA:+E*]Y<2LN99+6W0N51D?-2E:4(R&
M9:S;UJ'2J%B>/;G+J94R$I;;0T@B2VVDDH06B4I(B21$7<1$0Q6ZNKYLO<N!
MR*``````AKA%3/C*8]EM1HHE?<O[+UF/5N;MSZN:J4G%3C0M&C"[VF\0WC-"
M6(DPG_>2J9J;)55$22^<KN$R\ZQW,E^4U2A'+&N]XGV)\SXQLAD+D.H6KMKI
M6NA&?`Q]EXT5%41\>ZA-S:;*;&618`&0W2_;2G;M6:2X@EQ[3&FW1ZJ2,D%$
MBON<WU"&N[GN=&E3CRE-J*_"T;;LVRKFL1N/U81<G^!,R^Z;$JNV19YD2RYU
M7#)+@XE7$C0V^\DC+0^_Z@U#<?YK'L8Z_)MKXD;YMK\]?R,GY5Z7P-F8E:E7
MT?%33Z@U&E#<"H,8(U7J%55?NA%PX?\`*@Q\JG<2IY"_C_6HOZVI2:M\GLUI
MSU^Q+32G;0:^Z<^TF55<*<")-?*P]I7V'#X_^&9#S2K14QGSUN2]CM[3#A%<
M9/AN.LP55I)6VLC)K376@V;`<8Y$.M],?+Y#7\OJE8FXQZI<>'E*>QFX72?9
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M23\`CL^SUI-=IE8LW'@R7=.^Z.?7O=6]1LIO29%IO$BX-V*RDFAPH<%Q\R?6
M5:I4I*"(CH52%S<>E:?8TF$L6%+T$NJ7E;IP+>CYV7=SYQR)5MR;Z8^1(VH8
MU+2X39J/YM"+6I^T6E>[4ARG)@U5&[VG5)E;$JBS615*JC[N-?VQ@4X4+YCK
MU&=1,+82SX]+.P2,DNN1W,X$&U1_$.C2.7WB4OPN57*T2B[:#9-M;;GN"]<A
MWBM6K<:N7Q(B=7U:&EVX2<'.<Y427QEY,-R6)FF*63*H+:V6+S":E>`LTJ.,
MXJJ7F%*(]5-.D9>KB(7-Q9X67<Q+CK*$J5\OG)#'O1R+,;T?5DJE1C%+Q[,N
M^$:C-/.2DFDTF=$F?UJCT.O(K4B[Q22J5*7N>XV&6C)+3B-WR*#%R:[(:?@V
MJ0^HG9;2E&DN)DTA:_#.FA<2](R[6FYM[%GF6;<GBPX.27)EB>58MWHX\Y)7
M9<EY3"#K3A_0^X^QV8-(2VJ-=W;/.<29Z>.^XZE)N%HI"D.$14TT&];)GWVF
MYV$^-8=2_`J?X&M[BCT9F+D+LG1F2FSDTG&+I&KS4Y'D5.ADET^8M*:T(:QK
M5NDHR_`36"ZIHN1FEJ;OF(Y#:G&R<*;;);/+0CU4PX9*H?'E-(C<&\[&9;NK
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MHV:XK%Q9/>R]5<BOEJYE&JE*TTX]@CTJ&6=0*``0-R9<>AO$TDUK0GQ4H+BH
MT'4B(NTZZBY:DHS3?!'F:;BZ<RUECF.2<_)<=B0A#UL-N>?AFA"76")!&LCH
MDC5R%P$M?@HZ=2355/A^$P+4G++JD^,>)>$0I(@```I73OT[]#XG\!`5+1Y<
MX<&(5T8>6U/M]QYUF3BM627H7*=*H4D3.(N\GW4E6W*'PD??]"/6N$TRZ-NE
M%/M\.>BG))CL.G0]"6ZWS*(O01D8B;D>[N2MOFFS-A+K@IKM1%CP>@```\GW
M%LM+=0=%(*O#CV?`*Q2DTF'5*J*&?R:7:;O%8N2O$@3T$3+E*$TM:^5)&9$=
M55,2$<6%ZRW:^LCS,1WY6[B4_497Y4-!*(_G'4O2DR2:5?#41W&M#+[*G```
M````EMQO$"V+),E3A%4N99)(TH(^TST%VW9N75Z-#Q.Y"'K$>VZT\VAYE:7&
MG$DM"TG4C295^,NT6VG%],N#1[3355R.XH`````#LDTEQ37X:?L&!6I\+U_;
M)KW1)?.-HU*[ZFHZ5'W-C.M7YSXIU"/3TKS%.#+(P`#*GIF)-N3N1DZ]"LN&
M7,FU<.5R2T322YN-5<Q\!JFYOSCQL9?EWH_`;ULY*W#*RG^19?Q&7?2M;_=L
M%1-47(J>])EJ46BC.0OFJ9EJ=3J-3W1<ZL[H7Y*2]XW?:EOITY3Y=3;]\RD*
ME"H=2H6O?W_5&K^Z;05)BE/IV$9_-)9F?;I2E:=NIC&R_P!WEY:%_&^N1?I+
MB3,B)53-!%P/YQ4,^SC0C$`TR937X3I(,R:<(C,ON3O`S+ZPPAZR]TI/D6*O
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MF-1<-(D/&^<13C9R_`4E5>0CTIR]M*CLFS\2[DZ!*,*>QQMS=SR5IPJ:#K^1
M:Q]4AU/_`&F4HJ'E\]#*WKB@.S=H,;OZT$<W&<CL%Q=-*22M)22;0JIT)1$2
MJ%IV#4]B7%#6;N.O4NVII?@)O<D'+`C=_*A.+*OV0NR'IL9TEERW.TQEI25>
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M+I+;I<RM+)OO(6ZZJB66R69J4HS[RK4M.`NVK7?2Z4Z+M/$YJ"KVGC9;LQ?H
MB9\,]/$4VXBII4R\T1FI!\W*=22BO_./5^S+'GW<Q;FKD>J)1&[%O5<L.FI(
MU*5&-+Z$U[CJHRJ="I2HSM(N*UFQ;Y/@8V;#KL-&J_>YI;EOLM];2?BVN:SJ
M1D2B)M:3J:B/F+FY1UC0VE<GCOE.)I6IUZ(W5SBS:KLS?BR;;;'+DISQE+M;
M!*,S-?(X@DI,O:X&0Y-K>/[+J=RTN'I,W7`N]]B0GS?26&NTEJ-+FK?=)MLI
M<@JJ,Z$1/+H6E:$0V"S%RA%1571&!-J+;?*I#-N(>;2ZTHEMK*J%I.J5%PJ1
M^L>FG%T?-%$TU5<CN*``#DC,M2,R/T'0`=&(D9*W'4QTI<<+5QMI)&HR^R4E
M)&>OU0E.=*5X(*,>:7$]#2I)5,C*O?I]3B%4P=0``'9)T41\Q)H=:F52T[#(
MB.I'P%'R!2&3XC%R(S,GE1O$*CY)-1)<(C,R+E3[)GKVC-Q<R>-V5IR,>_CJ
M]VT*CML)JV6V);VE\R(K*&4\>"/FJU(M::#&NS=VZ[CYMU+\(J$%!<DB*'@J
M```'5:4K0I"RYDJ29&7#U?$8JFTZH=E"RF;P+VZI$)IE;YM+:>A/((N6G/52
M=3*BD=XG,&Y82[QNE>#1&9,+OJI5\A>*W>,5MMZ))&4A$5I+QF=5&HDE\[TD
M(6YT][)P]6O`DH5Z%U>M0BQX*@````%$Y4;9-2424I)F2W5#BR(^56I$DNU)
M5/@,_$K5.'K(QLC@FGR9(=NKNMQ^?8WGN?W4O'C&I1J(DUJINAUHDR/3L&1J
M5E*,<B*Y\&6L.YQ=I]G(NH(@S@``````/ADRM:?I$D)^L:2DB]6OQC[FPZ]W
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MI1+45-*T'C4-`C#2_;I2_/2JU'S+M&)JSGGO%C'\W&B<O.^PV&XU<B)2*JT)
M1D5*Z\IJ2KOJ94'.<FUS-NLS1?6QW&J4I4?LF1=G9KRF5!`W[?9VHD8R[2JY
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M&42]0CCR2.G*XXXA2*4(DU(R5VU'9_#_`">^TV=G\N$JHT#=5I0RH7?R9*C,
M`_+>RL]MNL2[8N\M+,+(UR8B6EJ23;BG%J-M*TG[-*F0WWQ(Q/M+9T<F/&=N
MC-)V1?\`8=S7<5\(7#Z8[V7A2(CZ3]M*DE3ZPR4LZ\-:?"/F2PZQ<7R.XSYD
M^0M3A-K5Q4E)_'0Z?5%B2I5(N(I?-GCC047+PUN)MLAM]Q""J9M))?-IQ,S,
MZ#*P(UGW7RE\)9ONBZO)Q**V5F2YULO\MV.]&CNWV6<-MY*D+4VM#GM$A1F9
M)*M?4,[7(0MW;<$TYJVJT,?`DY0D^*74Z%RKW%3.L]QB**IOQ74EP[$*/0SK
M36@C,>;MWHS78S+N*L&O,:JMR;.Z]8,GM[R34J(ZZZU2G,5.?A7F*A4'6=,O
M*.1:N1[4:5F6W*S<@^:,INA_)_IO;-=G<4I;UIF.QC-1GS$TGG6GB9E4J&-3
MWUB]SJ:O+U9Q3)G;=[O<'H[8NA*\R2R4I1/G]P>F2DN$H_9]IQPDGI0]%T%[
M!<NGT?644,BC?'DV4AMU<O>X]SMG/XJ;9<'6VED9G]Q6:E429GJDC3IZ:C,U
M.UT2A=Y=<2QASZHRA\EEPQ&F6```$!=)4EEAM$91(<<42$*/ZU2U\J3T[E'4
M7+4(N3<N21YN-J*Z>;)#BU_>NSUQML_F*X6Z1X"J:(6FIT7K4]2(9&7CQLQC
M=M_5R52S8O.XY0GZT65<>AG089D'`````)?(ND&,^B,\^E#KBB2DCX<Q\"/M
MJ9BY&U<G%RBN"/$KD(OI;XDQT.AIK2A?'Z/0+9<.`*````,B53F2E1IT2:B(
MS+6NG=J!4Y,Z\0!P!0`````@KG;XUVC.QI#9<JR]E2>+2BX*36O:/=JY*S-3
MB^*/,X*Y'I93]@Q&'89TJX(43LA]!-I(Z?,X551)'5(R<C-GD6U:?"*+5K'C
M:DY?E%6C#+X``````'PKY"LU75_@9)Y4UKP,BJ/NG&5+*/B;4&WDOR$E&08!
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M9'4RY%:EVI57N[JC!E'IE4R%+T:%CL2QS<#].D!4:'$CX`B:5YN5R2H_>)$I
MKE-#1Z^TM"D_-$[F9.G_`&%+JDWJ'3TI=B1$6+&<M872DL&O4WVU-IV,WA)&
M@DGQ6:R4=:GSDFNG`N`Y3E63?;%POUCEU4KD(U%0SUUKV=GQZ#7\FU3BN9)6
M9\:,H3JY7)N'3MFMO8E.0V7BM1SI3"N53%M3(4<Q:U%H2%(+7U"1V>H6]QV+
MDDI-=5$^UTX&'KW5/2;L4Z)I5\RKQ+*^71DMGON#9K$Q:0Y+Q.RWF';+5),U
MFT\^RR9RW$&XDC6:EGJ9=HFO$C&NV,ZQ/*5,N<&Y+S5X$9M"_:O8EQ8SKC0D
MDG[G,V,#FQMYS4^\_C,`8\=3>X65X-@,-K")#,/)[[<D08DUYKQ3:C)(WY"4
M=B><VRUXC9-K:=B9^H2><G+%MQJTNU\D1.LY5_&Q5[-17I.B;//;+-9&\^P%
MUD75;;]T>LU^L-X>822429MNB.<[RDZT4M*$EZ3(5U3!CHNX80M55I3A.->Q
M-\AAY#U#3'*='-QE%^ZD8?;$RW(^,6]HS/GLMZFP22=>9/A2_9J7'YFHW+7H
M*63)]D[:?P$%I<G&PEVQDU\)M$AOJDP+>^=/ND-BAEV\J"(S/TF8Y5./3<E'
M_4S<HNL4_,8`^8#BGTK@MGOI)YG+1,2CF+L)Q25H.M.RGP#H7AYEJUGSL/E.
M)JVZK'>8BN=L6:`2O$C:_JMP#+TJ-EB1=;4ZXXE9)YT..,(47-V$=5#Z!=F.
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M./E1071#>E6;.,MQ)YXTH>6XXVVHZ'5MZJ^W0S(C])B1WS95[!LY:7)4^`PM
MMW.[R+F._*7[OT*/<EW"-(*J5O2&R(JZ?=3HHC[#(RK\`U['G.UTSCSHOB)B
M[",ZQ9(\<QVWXU&>8A&I1R7$K?6HM5&DZD9<3]`OY.3<RIJ4^SD6K-F%F-(]
MI/#U,S](L%TX```2R[QG94)Y+/[LV@G6-:?=FU<Q%7L*A?&+MF:A<3EZKX/W
M#Q<BY1:7,MMA$6Z+S*[7.9%<CM/Q?!,U<Q)7(2GD-2>PZ\O$2F?.TL*%J#JT
M_@,+&C-Y$IR32:+OK.JUF7`U&?U1"KD2+.@J4```"UF:$@H=S;=/PY3*BDQ7
MB(N?V:+*E*'3Y!+8/KP:]1\&C!R?5DGZW-%7XE=E7K'[=.</F=4R33ROLG&B
M))F9=AF5!AYEGN,B5M<JF1CW.\M*7:5(,4O```!R15,B`JBD<CNT^W-NS8I<
M[<,V_'9I52VS.BE<O^309F+9MW6K<N<N1C7KDX>E'DB>6FY,7B`Q/C'S-NH+
MG_\`#<H7.V>O%)F+%ZU*Q<=N?-%VW-7(*2)B+1[```#D`*42:^PCIZ0\P\Y#
MMRHSJU-MOMK<1HI!*+F(ZTI3O'IPDE5IT**46Z)D1PXCR5.`````?"7<UFJ?
M),SK5Y6OP#[MLK\VO</A_)DY7Y5\I`BX8YW:1XCK:/LEI+ZO;QTH*2=(M^8]
MVX]4TO.9D76.;][V6Q-)$7N-O9G2&T:U6^:EDHR/1.@TRU+IL9F5\J5$=(O0
MZLG`PU^3&K1LMM3)-6V&W2G(PW0BX$2BYCX>DQSB[)NZWYSI5I4MI>8F)%30
MA;+A5N&%6[I^T5\A_LC$S/J69.+]87AX?`(<D>3.CRC)A[AHVXHO62#!+TE[
MH<GTM>8Q4W0YD8??E(E^XD39K>DF9ERL(<)QY-2U+Q$D:?A&U:91YEM4ZO(O
M/V&NZCPQ)\>GSDOQN[6Z[V*R2;2T;4+Z+C,IYB]IUQI%''J\5>(HZU%W(M7+
M-^<;KK/K;/&/=MWK$)VO4Z450PXK16E3H1Z=]!BR53)BV31V:4*'*FK(E)AQ
MWY*DD1ZI9;Y^4NRIJ%I6^\G&"[6E[Y><^B#F^252&VXR2?D=D1=KBAIE4UYY
M<:,WJMJ,VZIM!KU,R-6AT'K4<>WC7^ZMU:BE5^5EO`R)Y%GO;E$Y/@O,7=B2
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M,4PQS^(Y(?4:UN+YZJ7QI7L(8^KZMGZQE^U:E<<[_32OF17`P<33['L^'!0M
M5K1><N(MY"'&FU5JNM?@U+XQ&J+:;789C='0]!Y*F,W5EMOFVY&U,N'M\IAK
M,;:ZY+L3CKA(^[&CP5$E1Z)<23E:=HVG:.I8.F:LIZC7V.:I+XR%UW#R<S!E
M##:62N,?='1]M+D^SVQ%EQ'/'BEY=.5<KO?.2BVVI%R?-LV/$+YRE)[.PC%-
MXZOBZSK\\S`5,./3&/N)<RFWL&_IVEPQLMUR75R]UF*6&PUV#)=R+%HD[9F<
MYQ"#U)"'W'233AI1)>BHV[-FLC%QLCY5E$1C1=J]>M_)N-^^;),2D>\XU9G"
MU(XB#J>IU/17P5+0<RS(]&5-><VZR^JU%^8L[U2V0[YLUD\9+!/.--M245*I
MI0EM1*,M.*5:U$UM3([C6K4FZ)U1':U;[W3[D5Q=#Y<>J.WN,HQ'*HA?=;)/
M;AON(.BTKCR$J:*OH*M1]2[8N*3NXL_5G&J_"C@VY[;C&SE1YVY)>\SZ=.D;
M-F-QNFS`;T2R?D?F_'B25F]S.-R&&DL*3RTX*-HNW2@^8=WX,M.W+D6>4>\;
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M)7(M9(4Y71JOUZM.`R;./<O+AS+,[L;;HR:H-+K#<ELR-IXJMF7:78?PBRZJ
M72_61=5&JKD`*``<D=#(R[#(_B`')'2M"3J=>'`ZUJ5.!@57`X,ZG4"AP```
M`"0Y%C,;(6DMN/G&<;225+255&E1:UXDI-#&1C94L=U2JBU>L1O*CX,B;)96
M,?MS%LCFI33)&HEJ*AN&KBLB[CH/-^_+(N.[+FSU:M*S#H7(FHLGL```.R:\
MQ4XD9&7P:@^14M_FJ);2'93+*W8TI),24(53E3R\>&@D<%PDU"3I*/%&)DJ2
MXKC%\R5[6N2D1+O&6TI$,I7/'4=>55>'*1ZD=!=U90<X23].G$MX+E22?JU+
MI"),X`````Y<^]G:<:'3UT.GU07K(2]4L??K@[;KC&NEN6:B;(E2&DZ)/D<)
M+R5),Z&HB[1/8]I7+;LW>WDR,NSZ)JY;+R6N8U<X,><U7PY#!.HJ=3+V=2/T
MDHC$)=@[5QVWS3)*$E.'6NTBQX*@``!\(<E1+?=,J_NBE:]QU+TZC[OAZJ]P
M^';SK<E[IXCT62<8]%]]O=KBT,R>FQT*(N)I-Q-2]0L9,^BQ.?:HLR\&V[N7
M;M^62,SL=;3>]_(D<D\S%AMT:(V:>".5I*5$=#.GM5&F9#[G0G+\JY)LZ/C+
MO]QJ/Y-JVD;&FR)#;:"^L;;27J)`Y[S;?G.BKE3S'LE14(M?^DQ1KM/16>%_
M[R=_!U?*,'-^J_"96)];^`NV2R-7+K6IEV4T^'T")H2%.T\Y*R3'=(Z_N;BM
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M:><D25NH2]+0GL,D.F5>\;'IUBYE:1*S;X0A)RD_-Y"`S[]O%U2%VX_3FE&*
M\]>9L0QJZ*./$=,S\53+)N\*\Q-H2=>%%'34<\R;7I-=E6;K9FZ)LO5CUXJ:
M%$HBU.M="[?3IQ$'D6>%"2LW*,O=;,A3"@R99N$:8<1R8I!:I449I;QI5K4T
M*2V9*^`0-W&<[BA3C)T]_@24+O3%SKR52P/2IU69MNCG-]M>5DQ%L]VN%U3C
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MJTK]<5=!H%^UW-Z5OE1T-IM3[RVI^5%`Y^\U%:N*91)\&;!4AI9DH^1]E!\I
M:%HHSI02.G1<W'H]:,OC,3+=%*O)HG^"2G)>)VEYTCYUQ^6IE3F)M9IKV=A#
M&SX*&9-+E4O8LG+'BWS*K&(7P`.2*ID7>9%\8`E5W4Z3*&&G?`=D+-I#I'0R
M<I5"2/LYST%ZREU=354CQ=JE1<&R0X??7[HW<($VGOEJD&TM1G[;J24HN?3B
M7>+^;CQLN-RWZDT6L>[*XG"7K1*R&$9````=B(SK3L(S^(`04F=%ADDY+R62
M4KE2:]",_P!@>X6YW/45:'F4XQ]9D65%)2LC(TK*J3(R,C+UE4AX[:=IZ```
M``"DMN(6V\VEUM9$2DJX&6O[85:=5P8HFJ/D>;4>-'3RQ6$L),J&E'`_^85<
MIRXS=0E&*I%4/04`````!R15,B[]`!:_*L2FOOR'[8GQDR$*2\PH^4N=5?;3
M4J&1"5Q,R$8J-W@UVF%?L2;<H=I5>(6J19;%'@2W%+>(W%F1T/PN=:5$T1_8
MT2,3-NQOY#N07HE_'MRMVE"7,J08I>```#X/3.JC4?$SU/X_VQ]X+@J'PQ)U
M=6!4H7`VOBE*S*UFLJIC.KDG4M"2RGFUX%\8CM5GTX<O/P)K0;?7J,&_R>)E
METZ,JONY65WQ7MDY-4TE=*D26UF9)*FA:$9=XU/<#5C3;5CS&\[:_P!HU2_D
M]CE3WC8A_P`Q?`6A?4&@'10*E2M<)YE7%\Z&=(YTH7I/N]0P,ZBMKW3*Q/K&
M_,75,S)1F7&I_LB)["2/.0JL629F7,3#M.!?6::>L5CZZ]T\RX1=#%K<6^S<
M=QBZ7&"FLI!I:9.FB>=YM*W.!U)*%&-ITZQ#(R8PGZIKNH7YX^-*Y;]8\8*X
M[MLM3[$WW\Y%MB2)#Y:I*4ZT2WVDGKHVLZ>L>YJ2N3C*/32327F[#Q!J5N,D
M^JL5Q\Y,T*))D1&1%7O(6>?,O$S2H^)'6A:GQ(B]-.!"VZ4XEQ'I8K[`O")*
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MJ8V_<NK:9F[;MXF-66=-IW/-0US1M.U#&UNYD9%%AI4A3SFS[<B]DK`+@\2C
M)4;P9!$9D2B.A<RZ<>4U&=?6.7:98_\`F$8]CJC=\NY_LSEVHLW@&XZ?"80Z
M^1I,TD7)Q(]*FHS["(36HZ8ZMQ7$C\7,5*,R`GYJA>/7WW97/(599A1U$95\
M5<9U)?,.M2,Z>@:];PFLBWU^KUJOODK/(7=2Z?6Z7\1K5Z.<^@-]3OYBV=PW
MI3F-7>7E*&S42#G$ZEQ!/)U-2DI(J5H?QCIF\\";VO[=>5(J[%6_<I0TO;^9
M#[<>';=9]VW/W3+?J%C';MY[!=M"3=\>>C+(BHI3K"N4^;MXGP[!J.W)=YHE
MRUVPN5-@U1=&H0N?*A3WB]NQ5Q)VWW*+Q\-9J;TU;,SH:C[:&7>(+7K=+D9>
M4DM.G6#1?XT-)YM::*+F(S,]2,M"J=1KM6R2-`G6'BMND[JYY`847_F<&6@T
M\O)1];=2,TE34R/0?0FS<NY'2<>Y+\F2]XY9N/'A/-NP7Y4664\HG.58IOOF
M6WDUQQ#%YCRVV&35JJ1"=-U!I3Q69D@R$QXNX/M>@6=0A1R@U7W'P('PVRWC
MZI?P)MTE6GX#Z.'".+?TDV:4E*6HB5HHN7F4I.IU+FY*$/G!>G8X]B.V5I/@
M5)0Z5H=._L^,8I<(ELJ-<Y%2FO/34C(SY3YNPZD/#?&A4Z,F3R3U)Q+14)1'
M6FIFHU*3Q.I\3U'J7!^2I1%%;D6I-RQ&Z1B2DS0W[PCC4C2A52XZF5.`SM,N
M]UF0G^`Q\J'78E$U-;VV=R1BJ9R#HN!),S,BX^$HSU53V3*@Z[H=Y1R^A\I(
MTC4[;=CJ78R\O3]D1W[;JVK4LE/05*B+U(U$2#YD$9%W:\>(A-Q8WL^I2\DN
M)):1>[["3[5P+PW"UP+O&5'GMH=)2JD2B/30BJ2BH::B&M7;EF?5;="0G;C<
MC27(]8L9F%&:B1FTM1V4DAMM)>RDB[C.IZG\8I.3N2<Y.LF5C%0CTI4BCV'D
MJ`!R1T,C+B6I`"2W^&]-M[ONRC3*9,GF%$5:.)U]1'3@+^/.,+BZO4?!EN]%
MRAP]8MQ@,"\-9->I\V.MEAV-X:CY546^?$]2H9=M1)ZA<LO%A;@TY)_`8>+"
MXKTIR5(T+P"%)````.Z#]HNX]#]1Z']04?(JBA\K]W7[S$D'RI>AN>[+/@A]
M!GR&DS.E3^J)##ZDE./-2X^X8F1T\8R\G#W2%V[O2KG:'8;SG-(MDA3"JF2C
M-'UJJ\3(>M2L=U>4XKT9*I3#N==MQ?-,K\1QE@````'E,D)BQ?$\/G<,S)!$
M:O:/L*A:"L(N<Z5X"3Z57M)+9<@C7=]^(2%,S(QF2V**/FY2U45=:'2HOW\:
M5F*G6L'VEJU>C<?2^$D3\8Y=`````.QJ,R(CI0O\DOJZ:A3M*G'_`$?#W`4.
M`````?!Z/O$^%P`+G;<&45V^W0SY/<[>X32S^S<05"(^&A"*U*LE;M<ZR-BT
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MIEV>H1F#:=O4+?DZS,R)]6--=O28(8KFJX[B4G)-)(45:J(O:)1E2O\`U1O^
M7A*2K0U;'R:<*F1%FW&42$$J01M^RA:5*2:32KYQ&7:DR,:W?TRKY<28MYC\
MO`JO8':;:K;W<7)MU\?0ZG*,P;6U.>?=2I,5ATONK<4B_<S,^!D,3<.K:MJ.
MG6M)R*>RV754[6O*7-*T[3\3,N:A95,B[S?F\Q<OJ!EVZ\.8C?4+2N7"EO0T
MK295Y'3*G.9?95^$1FW87+*O6'ZDHIF=JCA-PN_E)M$]V)G*1=94+Q2;.0RX
M1\W"B?06IU&/K]M=RITK1ES39>DXF5R/G)(S[:?L?5&HLFC2[UF8I<<;W7N5
MZDQ73MUU2S*CRE(4;:DN$V9HY]4D9)49?".V[*R[>3I$+$&N]A5-'/-Q69V<
MYW9+T)<F:H]G,B/9[K/QN[-J4Q"G9!&(W#4:$G&N#O*LC-)D5"\4]>`ZKK.,
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M.U_<E&>IJH,B.-.5MW8M.BY=I:E>49J#[2?*+E,TUJ9:'Z_1WZ#'7'B73J``
M`[$9$1D?!5*D7H]8%3DC0DC2A!(*AZIT4K3Z\^!BE'VL<%R.@J4`````)'D%
MB3?(26FSY9*%&:%D9D9<*:Z=HOXV0[%RK]1EJ]:[R-.TD.%XC)QD[D[*D$X[
M.>):FB,CY#XZ4[!D9V9'*Z8P7HQ1:QL>5GJ<GQ970P#*`````)=>4.N0%&P=
M'8Y^,14KS<M*I*G^347;#2N>ER?`\7:N'H\T6+*^'"RF#=6U+:*3*3%D(3[)
M&2S)LZI^J)_N.\Q)67QHJHBU<Z;ZN<JLR%(R,B,CJ1D1D?>1ZD?PD-;)<```
M```"!N+CC+'W%Q+;BR,TK454DX1>RE1%WF0N6TI2X\4>9MI<.#*1QW+??I[U
MIN!I1+)2_!65"0YR5JDBT.IZ4&9DX?1;5ZUZG:8]G(<Y]W/UBO3XZ'7TB/,H
MX`'P>C[Q/A<`"OK3(]RQ&ZJ25%SEMM)Y?G&E%4F?I(R$;>CUYD?)'B3V--V]
M,FUPE+@;+^F*T';\!@.FGE6\RE9E2AFISFJHRX_-^0<XW+>[S/DNQ,ZKM>QW
M.FP\M#)4:Z;,`*%=X07^T3*EKRFE/?RE70O01B.S?57D,S$7I,N0HS2HTEH1
M&9$5.!%P+XA%\^)(GA*5_L<SF,J^`?<7>/</K(^Z>+GJOW&8[WZ[1+';9]UG
M+\.-%(R6K0S-;A\J$%7M6:AL6/:E?NQM0]9D%?NPLVY79^JB515+6Q'D.M&P
M4V,U+8;735I]/.VM)?Y2=1>EPDXQ=:.C_`6HMM*4E2JJ>Q&9<`I4'NTHJ^V9
M>CFI3X1XDO(>T^'$]+=;[?;_`'E<&(U%=E.DY*6VV2%/.:FE2C+YQ:Z"ERY.
MY17&VDN!6W;A"K@DFWQ\Y/X[I$1<Y5,N%:5K73TC'DN/#D9$9>4G\9\BY2(J
M=Y_",:42\GVHM3O1B.19=;;:K%66SN\:0EE3[B^4XT99I\1;?`SJ1:B6T;+Q
M\2Y+VI_F6JT\K(O6,7(R[4?9:=\GS\B+F8S'>L\*U6EU?.]$C1F)"DG7Q7FT
M)-Q7I(UF8C<J4;UR5Y>JVVB1QXNU"-M^LDD7WM\U39-F=33RE5)TXTU^J8@+
MEM2J3$9-4J5_;;D1FCEH9:%4CT*M-#^,1]RV^TRK<S";.LZEXGU`7*[79QU*
M)QVFTXJJJUDV]S(\<D)YB(B,RX]@W;`P896@1LVDO1ZI3_P-3R\R6-K4KEVM
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MDL-VZO5ESQ_([C);<AE#*+#2A532A:%$HE]W*2N`G<W4K%_3UBVUZ?55F!8Q
M;EO(=V3]&E$7Q,JF9$1'Q30M2/2@@20-?^]-E7;\WG-(:/EEQR/1/LJ4X2#4
M?:1G10Z'H=]7,"+;Y,UG4;?3D/R-&!NP]T_-O>NX6Y2_#;N3TI@DJ,B29J<J
MK0^)J)(W[7[7M6AQN=L4F:II5SN=3E#DI-FS!5/9I3YB:F7`SIK]4<P7G-WY
M%@=PK@[`\6*9.)>CW1,YI9U)1H6:2H@SXD9:#8M.MJYZ?#I<:$3ER<:KR2J7
MR@OJDP8<A1&2GHK#AD?$C4VGCZ1`W(]-R4?(V2D7U13\J(H>"H```2^YONQT
M,)8H3LDS0T:J$DW*:$=>RIB[:C&3;EZJYGB;:I3FR28KD"[TS+8DI2W<+=(<
MCR$)TYB0:J.$7'@6HO9>/W#4H_5R546[%WO$U+UTRJQB%\```.:GIK2G"@4!
MW/G551Z\QU,SH53U]0IP14Z4.M*:_P#-7Y!4H<`````Y(JG2I%4C(Z\*&1D9
M'ZR`%&3,$M$JY-3U'1#;I2"926A/(54M.Q(SH:A>C:=OM:I4QY8MN5SJ?!5*
MR(J$1%P+0O@&"9```````$NN\5<RWO-,_?!<SC)]O,E)\J?A,A<LS4+B<O5/
M-R+E!I<S'2<])A/G--*FID&8E2^0J+41.)29%VT4-FMQC<CT<X2B0\JQ?5^4
MF9*Q'O>(L9_EY/&8:<Y3K5/.@CH==>T:O./3-Q\C)F+K%/RH]QY*GP>#[Q/A
M<Y`%8*:6<"TV]!ZR'VO9+C5QU!$=*ZE0S&`FN\G<?8O\":<7W%JPORFOA9ML
MV,Y4X8AM)%]P6S%*GUOA,I-7#O,Z#E.MU>95]M6=FT3AA]/DHB\PB29%::]V
MH%"X.%T)4YRE3H=/17M$9F\HQ,[%[67`56IU.I]XC3/(2;]YRC[VC3\==1=M
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M8M.W*348JLF7.N,>,G1(AU34MW!B0RI+D=XT+0NI%4E:U[>`]*#=MQEPDCSU
M>FFN3+H19I\B3(ZD:2/YWH+]@Q%2AQH^9(QGP\I5%ON!HU(].TN;T%7L&+<M
MU]TOPEVUX%#Y;L_C&?Y?CF871V2W-QV0B2Q"2OE:?<;.I..)KJ9&7<8SL36,
MK3\2YAVTNBXJ5\AA9.EX^;E6\JY7KMNJ1E#;)Q(B&T;B30IM2%I(N0CHCEK2
MIZD1%\0U:["L^JG&I/PEZ-'Y#5KEUU7;<WR.&;II-NZR%D5:5);AFG3LT]8Z
MGB6E=PK<Z<.A'/\`*N=WEW(U_*)S:,K-)_NYZ$6G-KPX%WBS=Q:]A=M9%.TI
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M(N%$E0J%V:"PVVZOF7.7!'84````2/)6GWK8:XU?>(JB>:TK\PC49::^U349
M&*XJ]2?JO@6KZEW=8\T6HV[=EKS2Z&I+A(E0U/2:H6EHG4\Q%0S(B-2JF);4
ME#V&/*JE1&#B.7M+Y\5Q+Z'Q$"2AP!0`#D`2:^/)2A+:W#9:D&:#4E7+R&9'
MRF:BII47L>-75*K1XNNBZ6^#*1PB_OJGW&P3W^=^,IY<4UJU<:-PU$1*I4Z(
M4,W/QXJW')MKT72IC8UUN3LS?%<BXPC#,```````Z^(RE9(<>:;4HO92I9$H
MS["Y:UU,5I)JJ3:%4N;1V[3+N.G_`$"@```````I^9B]EGR/>9,7F<49&LDJ
MY4KI0RJFAE6I#(AE7[<>F$N!:E8MS=9(GZ4(;2E""Y4(224IXT2DJ$79P(6&
MVW5\R[RX+D<B@/@]'WB?"YR@JNM)^R62:=YGPJ0I+DSU!5DEYRY-J83)RBRP
MSU;86APRI[)%';-TZEPH14^$1=V3CB3GVO\`Q-ALP4]0M6NQ<?>1M*V!,G\$
M8ED9J*7<I;AF9G\U*R01ZT,R]DQS'7DXYSA\F*.MZ"U+!4^R4F7N$.38+CKP
M[11@N'A959F'3BLR(^TZZD7U!&YOK1,S$_**T4M1F?M*X]YC#25.1DN3KS/"
M2O\`V.62C/\`<5&5:G\(K%4FJ!NMN52R,KPW&WVUDE;9DYS(61&@RU,^9*BY
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M$R*G>.99F.XY$XKRFWV;BE:C+S%`]06,O9WM3D=FMQ*=NB8ZY]O0TDU&MZ(G
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M*6:(JXCTCQ$FI/\`M*$.&W51$1FE*Z5[Q(8,&TYQ]?J^`QKTDG1\J'IMID'Y
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M+ET=I-19/8```<D>I5J9>O6G<`/%$2&PHW8[+;;CA4<4EM*54(ZD1J(B,R.I
MBKG.7"3=$448IU2XGMQU/44*G`````)3>[>=RMTF,@R2\I!J9495,G$^TDOA
M,A>L7.ZNJ3Y=IXNQZX./:63QZ%<VLUM[ZX[Z5I0\W*6HC\+V3,JF=>4ZD)S)
MG:E@R2:IPH1MF,UDK@_.9!#725```````M7ECQJ-SPG5M3XLCQ&E\ZD&:*Z$
M>I&:>XNP2^&J4KQMM&!D.O+UTRK\3OA7^T,RU&GWAO[C*252HXCV>:AD1T4,
M+,Q_9[S@O5?%&3CW>]MJ7;VE2C%+P``````'5Q:&B(W%I02M2-2B21]O$S%4
MF^0?#F=D4<22VS):%<%),C2?J41T%'P='S"X\4?!Z/O$^%R*@$1S&",JD2^;
M7O3_`-(MW?49?QDG>5>52X&).D=VN]R6=4P+7-=YS+YBU%RMF7;KH1^@1V6O
MS4+2_*FB;T^5<F[??*%M_B-J73ZWX>T^+*,B);L=]Y=.!J=6LZG\"OC'+]>=
M=5NKL31US;Z:TBRWS<:^^7F$238/@*%'R+BX5^X2?]:7R*$9G<T9V'V^Z5>,
M4OOF0TPZ1)/I:40]1XS7NA^H_<,3-X<ED8GA-UND/Q"?-QIE*T%4VF5N)\=9
MTX'R5(;7I./'+S(VI^K_`(]AK.KY,L3"G>CS_P#:I$V:Z6R\6:SW&TN+>C2+
M9$4XZX9&I<GPB\<SIH7M#Q?MW;-Z=NZJ24G[W8>K5RW>M0N6G6+BO?)F@TDH
MN:M/1ZQ:+BYDQ(VS.E3X5KQUI]4JCSQ+G!D*U+BO//1FGVW'XY)-YI!U4T2J
M4)S[%1F?#C0>W&22DUZ+Y'E2BVXI^DN9&I4>B?32OK,6VNT]I]A'-/4,DJX=
MG&O87'7O%NGD+B="7Y%8X^2V:98Y*S;8FH6@W$E[:>=/+J9$9F5.P7<>]+&O
M*_'C)%O(LK)LRLR]62.+-C\+%L6MEAM^L6VI\)"CIS+7SU6I?I,S%+M^>5E2
MOW/6D+./#&Q86+?J1X%>V2891B+F.J-5%Z#T(BU](P+\/2,RS+AYRKX\S4J4
MX:\:?\J=XQ)0,F,_?,;.I]=ZAVC%\PLCR6W,4G.S5$X?LK-1$A)<I5Y^8N'I
M&Q[95F=Z[AWE578T-?W([UNS;S+#759DV7UV-O5PN.`V.[7(E,S+G'.4:%%Q
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M:D.G7*7MH^KO'+@:UQ8KN1DR\=.3FC37#2=3T29&:N`ZUN+%6K;2NVN#DK=5
M[J.9Z)?>F[IBWPC*?P,^L.%.;>OD:6WJS<(K#R#[T+2VX2OMC2X7QCY-G!QL
MN#YQ;1]"1DG<ZNQHN&YR\Y\AF9:&1GQJ9$9\"+@8C56G$RB@]PL=DY)9N2`7
M+.C-^&R2?_6<U?G5UJ?`Z"0T[)CC7JW/4;XF-DVG<MTCZQ+MI\0GX?C"H5Y+
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MGBW8RITRC5$1.]TWH-<TZ&19IHA*OLRYD>E'?P[S&M5XT)@Z"I0```/"3(1&
M:4XI*EJU)#:/GK41&JA%VZ$/4(N<NE%)2454E]EO<&]QWW(YK0_&>\%^.Y0E
MMJU.IE2O8+E^Q<L22EZK54SQ;NQN*JYHFXLEP```.R3Y3K0C[J]A]X,'6B?$
M\0D-D=#K1"2J9EQ,Z<P<:4';4````````+=9Q8Y#Z&[K%;\1QHC-]#1&H^0B
MY3,TE4S]GB)/`R(Q?<S=%V&)DVF_SB)9MI'GL2;VEYAQJ"LVEL&M*D>TNAFE
MM)Z<W[8N:I*W*%OI:ZUS+>$IJ4J^H78$09X``````%*96\TF.2'DKY5M&A*Z
MF5%F1%I0RT+@,S$3ZJQYU,?(:4:/M*3PC('(D\[),<-3*TK]T\51F7.9UY*U
M^<9:D,O/QU.'?P]9<RSC7>F7=2?!\CXE!]M'Q*3&VMDIUYQ7!EA:R]!_MF+5
MY^BEY69>)&LW)]D2L[,1Q\4RJX%HJ0N'`+L-1+4E5$Z5U26OI&#>]++LV^Q)
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M1H5Q96GW<6?-57OG*M=@\74+67#DZ/\`"CZ==F,S:S7;3;;*&G_&=F8_;6WU
MDZ1D3J8[2'"*FNG@D51\P:WA/!U/*Q6J)7'3W*_C.\:;DK*PK%]/BX(RVB/(
M=8949>TI"2X=O`:C.+4GY":3JB*4I**&>FNE"[2%M594\7$.+-3AU,C+FJH]
M3+OUU'I-+@#KX/C1I#=",WD^[^U2E'#37Y!52Z9I_A*-51IBW'LB47O+K<22
M,_?)ZJ'0N+SBBH?:.UZ9>K8LW/\`2OB.?YEI=Y<AYV6PZ5[VNR[D7C'G%$A$
MYI9)09U,UH6HRY2X<QT$INRQW^F0R5SBR/T"[W6;.R^3-DW;7TU',S=NTM[=
ML`B7.ZQKD<GD)J6F4XQR4)Q;9F:=2TXF)&SJ$[5EVJ<6J5,.YB1G<ZZ\*U+A
MU]@DF>I&5.XBH=:=PC:<3,.HJ4```"09*4ANUNS(W,;L)27R2GBI):*+U4&1
MB]+NJ$N4N!:O55MRCS1:3$KT:,Y<;31$:]1U.J;29FE#R4J/3L,^8OB$QF6*
MX%?RX/X"/Q[M,JB]62+]T^K^P-?)4X`````4?(VIW2B",S^`J@N+H'P5201L
MGC.755H<9\*0ILE-*74DOD>IDA1Z'IKH,B>)-6N^3K&O'S%I7HNYW;5&5"HJ
M*,J4]%:TTKQ&.BZ=0````/1V&1D9=AD?$C+M(P`(B25$D22TT21)+3AH5"T`
M````````!*K[;$7:VNQR7R/)HME5/KTH.NO9J+V/==FZI4]'M+=Z"N0Z>TL`
M^Q<8DZ'2.[[Y#F1O:(CJHO$)!G0B]K3M&PQE:G;EQ71*+(IJ49*GK)GQHC[*
M/C`F<3[G"F.Z^V;:$\.ROPTU%FYQN11F6/1L3EY:(K)S_9\)L[!:+NM[.29&
M7SD,FA!%3M22Z]XPEZ6=.79"%"4EZ&EVH+G<NU-QV`,%'PG%F2*A)LL'3N-3
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MK)52_P`3&+J0L97'`8D\FE)F8_-8?4TLB2XTW*;2MQL]#,N19F-GVY?[O/</
MR+D6O>-?W!8[S`5RGIVVG_F;/O+>W#5E.R;-@D2#<D8Q.)A*"62EI8=0:VS3
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MC-Q?8=!7%50`'1#B%FLD+2HVU<JR+L4*M-<^T53Y'<4````%)0XVME95\4C0
M9=BDF1D:3+MXA5I]2[!2O!E!PMOXD"_MWM#RR*,3B68I(HELE\VIJIKJJE>X
M2$]1G<Q^X:XOFS&CB1A=5U/@BO3.I$7=7ZHCS).`````<2$FJ*XV6ANMN)KW
M&9*27RA%TE7R,258T,<<BN,AJ5%E^VS*M#W*:ZZJ9:70S(RH9D9:>H;-C6XR
M@X<X31#79RJI=L69"P):9\*)-0=4RHS+Q'W\R"J?QC7+D.[N2MOFFT2\)=<%
M+RHBAX/0````!T<<2TDUK.B2%4FW1<PVDJLE$#(+;.G.0$.K3);T\%:.4UGI
MH2JF53KW"]<Q[MNVKC7HOM+<+T)RZ>-2>+*BC*AIH=#(SJ9&7IH0L+D76=0*
M`````'@<6,IPGEQV5ND7[HI!&KC4CKWD?`>NN272FZ%.F-:T53X0E'1)G0ST
M/0N(^[SX8)B7L0FTJXK.I4[C(J5X"SSN>X9G*PEVLKN_I-I_!K.DJDU&A.+3
M]BN7)2LRX5[2KH,''XQOWO._@1*YBZ)XF,N247[[1N=QMHV,>L;)\6K5"0?K
M2PBM/0./9#ZK\WY9/XSN6/'IL0CY(HG8LEXY+B7K(4?(%RL7_P!VG_KW/^Z(
MO+^L_`9^-]7^$J8S*E/4,4OTXU(*X?>$G_5J^07;/UB]T\7?5?N&%740[=6]
MMKDY:24<AN0R\Z:5<IDQ%?)XS(Z<#K\)#<]OJT]1BKOJM?"S4-PN\M-G*QZZ
M=?P)DQP:_P`[)L0QZ[W%"6Y+MLC,FE!4+ECMDTD_2:J5,Q;S;%O&R[EFWQBI
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M"U/M/XQ`[WQ.^T&XZ5<>),[*R>[UI1[)*AORF&I##IEHI/+_`)Z2,<&A1M':
MY.BJ2=$YQ*=%EKK^QK7MT%YV^)XZV=SDL/\`AHE,-/H0?L>*A#RFZU^8;A4+
M4^X4Z)1JX-H=473J53`G?:R)>5E%JY36U<X,A2$FDB1XK:N9M1<J4ZH+LH-^
MT*_16KO;&2-1UFSU*Y;[)19)_+*SI['MP<BPB4^3:+I&<6VA9F2/>HI+I1/'
MF]DJ4J/?B9@+)TZWFQ7&#^!F'L'+=G+N8<G2OQH^D["I2'+:OVE+,C)-3*AF
M55$1T,ZDDB^H/FK.BU<.V6'6)5[:B09F==4J3IWG\0PFJE\Q+WMQR[KGHD0F
M'W2G2HCC:6$^(274.)-3JJ4Y3IPJ-PT/)LJ#C-I=*?,A-1M3<JQJZM&46--/
M,V2`W((R?1:X27>:O-S$G@JO:51JF4U*])Q]7K9+VDU!)\Z(UU;\PO%85.2D
MS6Q.D),Z?8O&::4T,B(M1TG;]RCZ'R<5\1JVJ0K'J7.IKLW60MBZ66^HIXB'
M65F>NBFW&SKW<!T;26I6IX[Y49INHJDX7ES3-GNVUZ_.#",?N7.2S7;V&U'I
M6K2>0R.AJ*M2^(<NU.Q[/G7+7^IF]85WOL6$_,BK;@^N/`E.-I-2B:-5"[D\
M2^&HP[<5*XD^53(FVH-HL_:<C]TS2/#0\M4.[,FI;:W.9#4LB37DK3@KAVT$
MS>QNO!<VO3@_@(VW=Z<A17JR^,O5KI4S4="J9]_;VGH0@R3```````[I0I1&
M94,BXG4M/7VBC:7,J=!4H`````6YR;`2O;SKT-Y$;WA)(D(-*E$HJU4LJ$=#
M,2>+J'<14;BK3D8=_$5QUAPJ5U:896NWQ8',:_=8R8Y*Y>6O*FA&::Z"/O3[
MV[*Y\IU,JW'H@H>1$8/!Z`````("ZH=7;I),T\4FU+;K6GL:JX5/@+EEI757
ME4\W*]VZ<RPDVZOLW%N\L*H_$<0<@M2-\N;VR,OM1L,+,96G8EZLEP\Q%.;4
MU<7-&0$&4W.AQ9C7S)##;I<-#6DC46AF6AC79P=N;@^:9+1DIQ4EVHBAX*@`
M`````?![WEWE0J]Y\!]XGPPJ=I/#8\>5;H*".CCD5GTF;SE#IQ^MJ,;JI&5Q
M^1_`2+AU7+=E=KBO?97$XRN&Y=JA)+V8]QM$)M/81LDTE?`M2/E&%;3MZ9.X
M^;C)^^25]J[KENUV1E!>]0W206R9A0VBT)N+'07;\UI!<>T<<FZS;\K9W*"I
M!+R)$4/)[``N7BVMK0?:IQ9GZ]!%9?UM#/Q?JRI!BF00-RYB@2N)?<E=@N6O
MK%[I;NTZ'[A8B_6:'?[5.M,]LW(LMLT.I32M"42JU.E"JG7T"?L79V+D;MOA
M-$-?LPOVG:N*L&4M!M\>U0HMNAH)N+$:)IA!%2B$F?$N\SJ,J=R5V;N3]9OB
M8L(1M05N/"*7`BAY/1V01&LB/AH*.I5>?D8L6I[*+'U!SXB'5_1.1M<\A/-S
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MXERJ?`E\)BV8Z@X]N@L0VY;QON%';)!+=,]7%F7SE:\1[N.[D/JN2;:7:6XQ
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M@J'0C[3&R6\NS+#DY-<8TIYR(E8N*_%)<I?`9$G2IT+EUU*M2KVT/N,QK9+G
M`````(.[/>[6U^0GYR$&HZ&9'2I%Q[./$>[,>JZHODSS<?3!OS%LK+DBH66.
M6[WQ;]NND9M<92S)7+*-/W5DC.IF1'PH)6_C=YA][TI7(/C[AA6KW3?Z*U@U
MP]TNR(<SP````#DC,N!F7J`#4]3J?;\'>!4`4.`````<GJ5#H9445#[E4(R^
MH`+/Y?A\TY$E^ULD\U+29*;29EX2C29$94K6AF)K#S;?2HW722(_(QYU;MJJ
M9<'%X$JV6"VP9AUD,,<J]:TJ9F15]!"-RKD+N1.Y#U6S+L0E"U&$N:1/ACET
M``````#X0&D\[K::5)2TD?H*O'X!]X2=$V?#5M=4TO.5GC;29>5V]M15:8D>
M,9U^:B.WS<Y^@A@Y+<,23[6J>^3&$E=U&"?*+K^!(G6%J.Z[JV9:DFLY&3(-
M)<3Y"DDA!GWD5!9S/S6E37)*U_@7M/??Z]"3XMW?B=#=>A)(0A!<$I2DO4DB
M(OD'&:UXG=UR.X%0`+FXPDT6MLC.OM*/X]1$Y7UIGXWU941'0ZC&,A\405U5
M6W2R+M947R"[:^L7NEJXJ09CWE600,8LDF[7)9-L-J;801G0UO/*)#:>/`U&
M0V'&L3R;RM6_6Y_@(3)R+>-9=VXZ1_S)6E+G@QG720DY49B6DD*YD^');)UN
MAU/ZU6OI%SA5I=C:]XM<:)OM2?OG(J!KV<>SU@"6?0EL<NK=Z7%;.Y-M&RF3
M3VTMGQY3XD9CWWUQ6NY3_-M\BWW5MW>^:7>)4J3DC47LD?L\-:UI\@L</PEV
MKY=AZ(42:UKK3]D4*IT.)BG%VZ<TCY[L20AOUJ9622/TU,5A3O(M]C1657;D
MEVHQ'Z>BRFU9UE^/71;QP(;DJ8W'69J90J0[S$JG`C,E<!MFO^RW<*SD6J=Y
M))-]O`U';JR[.=?QK[_-Q;:_"95WU)))I:3(E$JJE=AD1E0B]9#5[#K6O(VN
M]P:)M%<\2.RK_P`-)<:TIV"W)4DUYRXG5)D:3AF9$KYNE>/"OK%MQH7.JI1L
M#)D9!<9S,%#;L6S3CMLA\W2Y_>"UY$HJ54EZAEW,9V+<7.JG.-:>8P[>0LBY
M)0XQA*C]TG.;1U3<-R",=#\6TRDTUU-+1GW]Q"SA2Z,NW+R31>S(]>)<C_I9
MIUD?<I+S9GR^&\X@TUX$A9E3XB'78\8I^8XO.L9M>1G!.(.NO`J]G9\(J*HZ
MO7B:Y&1!.4X49E9J98KS)0:N)D1Z),_0"LPZNNGI,I+(NN"MU?0GP1%V.ZN6
M_(;+<$JY%1I\5TE%H?W-Y"N8SX<$T(>+UI7,>=ORQ?Q'O&ONWE6KODDCZLL#
MNA7O`L6NK;A._2>-VUTU$=:J]W,C(S+0Z4H/EC/M.QJ%VTU3IN2^,^H,2XKV
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M76VO<9VC0,F.5@6KJ=6XI&<[140DOLD\_P`!]GK&AOF;&B$DNI8)YY9\J&DJ
M<4KN2E-3/XB'N*<FHKFRCY5*9LV5QYM\<M,CD9>7&;DPE&M%'F%*.E:'7F41
M5^,95[#E"PKT>,>JC\Q9A=4I]#YTJC&/((Y2E7B-HHG79K?H.KKE/3Q&T8\N
MCHEY$B*NQZNJ/NF`><61$FVWZ`M%51_>.1--?8,S.A'K0S,="P;[C=MW*\'0
MU3*M*<)0[42KHYORHF19#C#Z^1$D^>.@S(B\9I1D?L\3K32@N;SQ^O&MY2XN
M/,L;:O.-Z=A\NPV*N'JGT)252[=*Z?&.<+D;F^8JT9F:FZJH=%_7UK74S[/V
M0X]G(<#H*@X`H```'A*C)EQGXRJ4>:6C7@=4F9%\)E0>H2Z)J2[&4E'J3CY3
M&"X1)MLR"UMFEUN3&NS;;:4(49&TXZ1:'2A$E)\1M5N<+N/-\'%P_P`"$G&4
M+L?E*1E*5:%7C0J^NFOU1J9.'(``````HW);W+@-2/<EI*1$)ITT+X+:53V:
M=Q=HS<:Q"XUWGJRX&/?NR@J0?I(G5@OC=^M<:8@T<Q$:'D)I[#J=%D9%WT%G
M(QWCW7!\NPN6KJNP4NWM)P+!<`````````````````^$>&1^.DZ'0DJ,SIH1
M4/4^[4?=UQKI/AZPGWB?F*WPTB;E7^YG0TV^SRE$LST)<@O"10ZTJ1\!@9O&
M-NU\J:^`EM,HKEZ^^4+;^$G6QK!S-U,2(_:45S0X?;51*YM:=O,=1:UR2AI=
MWYI<VS%W-:LM\:.INGI33C33XM!QI<CNZX`5*@4*%T<;(RM3!F1E4U<2IPH(
MG*^M)#&KW?$GHQS))9=U&4&30Z?<C^47;/UB+-[U'[AA#U,0+G<]LIJ+:9H=
M8DM2W"36O(UR4Y:%4_:+XQN^VYVK6I1=WU6J&E[FMWKVES5GA-.OO$RVR5.7
M@.-KN3CCDQ5O9YU.F9N$A*$H;2?-K0DIT]`M:ETK/NJWZG47=-=QZ?:=RO>=
M"*\&&9X_Y:`"0MY#&>R@L7B*97.9@G<I)..)(BC\20DJUYC27QB\\>2Q?:9U
MZ'+I7NEE7XRR?9HT[Q1ZG[A4I\:&5#+0RX&1EIKZ1BE]\P`.Z5'P,RY:&1D=
M*4H94^$@*KX"`@6:TVV=-N<:.AJ3<DD4I:3)3CO)0D\QE4TD5*BY<O7;D%;D
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M\J$JFPSRPMP5S\`F8P\\E4BQ7%I]IM7M*3'<(^;7B23-6AGI4<Z\4-/5O/CE
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MS5+7MVAR7.2B:]@S]EU5>1LVS<Z5I0I)D:301D9:D9'52:<=*&.1T:X/F=`]
MSD>+[R8[2GEF1)053YCH1Z:%7TF*QBY/I7:4;455DBL^3P[I<)=I6@F)D9/C
MH(SH;K)^@SX)KQ(9%_%G:MJZG6#X%JW>C.;@_6140QB\`````0CEO@O/)D.Q
M67'T'5#JD56DRX&794>U<N172FU$\N$6^IKB18\'H``````"U^X<1U@X]R1S
M^"ZA,6039&9*3S:<_P!K42VG3C).VZ57%&#EQHU-<FB3[8SS8NUWLID1M*2F
M2V==",R6=>.AZB]JMOJM0O\`Y2X'C"E2Y*WV<R]2J<QTX5$&B2.H%`````"'
MF3&8;/B*2M2B):C2DJF9)(S^0AZA"4Y4124E%<2"M%[@7MAQR$JILK-+J%&7
MB),BU/E+4D%WBY>L7+$J7.3Y'FW=A=58=A-2,C(C(ZD>I&0LGL`````^$R"1
MDS)<67S$$DM>-5=_9Q'W9<]9+SGQ%8X0E)]BH5A:R]SPK(9=22J=*C0&E<.9
M*%>(LN.M2(].P85WT\ZW#LBFR2QUW6E7KG;.2BBO.F>'[UN[C9&7,EI]UXRI
M71+?,1^BAC"W++HTFX_*C.V?#JUF'F-Q"J5TU]/?Z?0.1+D=M1P*E0!0NM8/
M]U1O^L?Q\HALCZUDG8^K1.!9+Q*[R5+?*5W-&5/AJ+MCZQ%F]ZC+*72!$N<!
M^).92_'=;HIM=#+B1ZU(ZE43MJ<[5Q3@Z2(BY;C<@X358E+-,,QFT1X[:6F6
M4DVTV@J)0A!4(B(O4,IR<GU2=9,Q5%173'DCU%"HX:]P`PZRZ-D$#J$L,V(<
MI$"YI99YFUJ)*XJ:$\E9$7!*CI0;;B2QYZ!<A*G7'XS3LR.5;W':G"O=35/P
M&9QD5%'S5,JG2G&E>WTC3NTW-KM/-*JUTI05:H4.WPD7I/0B%`2*'?X=PO-Q
ML\(O'=M),G.<2M)>$I[@DFS]I1E7O%^>/*W9C>GP4^19A>C<O2LPXN',B9\2
MJE/$K@G4N7AIWU[S'FW/\DN3CQJ1ED-+C2VS/DHI)UX_,.O#3C4>;U5*I[M.
MO`G1EW'VEKZCKP](M'LI.YXS:/I5&4^ZH^EF65QVG:42A"SU422H?/Z:C)MY
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M+Q+>=[&YJS;:O*7X2V3X)>84:4*4DS(JE0C%SQ%PEEZ)[3!5E"C_``,P]D93
MQ]2EC2X*7#WCZ;;%)*1:8:B5S$3>I:'RJ[J]M2U'S%D0Z;TJ\SM]MU@F3A'S
MB(TI61Z&A=32HC+4E4H=#%D]ENSVIM$C,;?DQO.M*C2#?*,1EX).52HJGVU-
M&F@DEJUZ.%+%HFFJ5[3%]CMN^KW&J["QLXN:X3:F1F<N6=2+0S\5PZD53$[;
MX6H_-7Q&!+UG[IC/O?`\-R#<T)-2S425:4UIR_.U[-1M&A7*J5I\B&U2'%31
M@!N&IVT97;+VR?(I$AAWG+3YJTF=%:]@Z%IU+V).Q+R,U#-K:R(WEPXHVR8;
M=6[YB]CNC2N9,NW1G#,E<WM>&DE>U0JZD.1YMEV,NY:?-29T#&N*[8C<7)HF
MMV:4_;)[2>*XZZ=AU*AI-)]Y'J+-EJ-V,GY3W<58->8QJM=XE0<SM$AQ2ZON
M';Y!4-/,ELR))FK6M2(;1=LQGA3BNSBB&A<E')BWV\#*8^\JFDTI41T^R3S4
M^"HU,G/.<``````"&3-A+D*B%);*2DN;PE&25*(BJ9(U/F.@].%Q1ZZ/H**<
M'+IJJD25>TJ?M?L#R5`````(2?`C72(N%*;-:'"423(Z*2I14(R,R.AD8]V[
MDK4^\AS/,XQG'ID4U8,*AX[<'[DAYQ^0^VII'B4HV@^):*56A&,K(SIY-M6F
MDHHLVL:-J;G6K96)^CA\?[0PC(.``````!26:'(8M;<MC@VM27*%4^11T-2B
M+@1<!F8/3*ZX2,?)ZE"J+4XS=3LU_8<)?+%GF3#Z3/V*NJ^<14I4C$OE6>_Q
MVJ>E'BC!L3[JZG^2^9D(?+7V3(T_6F14(RIH=*GQ(:Y[O,EV<`4```#X34+)
M$!:BXNN:D5=4II2I4I2H^[&JW*>1'Q%&738;7-LJV[F43!\=AD7*<Z5+N"R+
M3F)%6VS5W\QG08=FL\ZY/Y*2)')_-:38M/G*3DR[O25%-[=R"Y\[P8+[IHXD
MDJ&1J$3NR=-)DO+)$OLBW76:^2!MH^I_TT^4<J.R@5*@"C+KV(C*V1:E0C:2
M9>D]:F(;(^M9)6*]VJ^0FXLE\EEY_P!VRO\`5F+UCZQ%F]]6S'/-LL@8;8'K
MQ/.B"4W&;YC(FS==4DD5KH?SM?0-CPL6YF7U9ASY_@(#,RH8=AWKG+D0L=SQ
MXL63XC+I2HS,DE,+):")Y!+Y:EH2DUU(>Y+IDX\>#IQ/,76*E5.JKP\Y["A4
M?4`$KDV2U2[E%NLF(A^="2:8D@_94S7B="+B8]QO78VG:BZ0ES1;E9MSN*[)
M)S7)DT/77OU_;'@N'N7+0N6E=:T*G=06^/:>G3L.4G12:\*D1^H]#+X:@%S,
M&(5PR&V=24R&AV6Q;[Q.2;K9)6EN4V@BHHST)5"30AN\[>/=VY&=$[L%[QHL
M+N5:W3*WQ5BY\)G!.<0VTZE1\J%UY$GK4N;V2[>`TJ";:-YFZ)^0E]F71:T\
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M@/.I\0B(O92CVBJ0V%QCJVWG:GQ;MM?AH0-7IFO*Y'A'K3_`SZLMK+U'R#%;
M=/BJ2ZF;&B2D+2YS$HGHK:Z)1P223KJ/E'5K$L;*E;GP<6U[S.^X=Q7;*FN3
M52XYE30_4(LRCV9H1.F="T223/ASU4?'@1\I&*2[*#@8@S3(YDQ2#(T^]2"(
MTF1E3Q5E0J'W#<H>I&OD1#2]9^Z6EW8M?O\`C#KI),UQW4K(R+4B+51U]0E]
M(N]WE)=C1@9\.NQ7M3-=>\=J)5F8F-I-1M%0S(N!DLJG7T#HVC7OSK@S3=4M
M_FE(S8Z7\D._;76]E2R6NU&<0U&?,I*2/TZ^RDAI&ZL;V?5927*?$V?0KW?8
M,5VQX&1J209T625),C(R452U(RU(:TZ]G,F>':6NF;<MRLAAW-,I+46/).4M
MLJES++EHDB(JT,RU$M#4W'&E:<6YM4,&6&I75.O!.I=(Z$E"2/1"21Z^4J<W
M`N)$0B5SKY3.X4H=!4H```')D9MN<O$FUT,N)*-/LT]-0[45[#&_(KT_&N4.
MX-I4F5:+B;4M5:*?:4KM/0U<1LV/8C.T[;]2<>'F(6[<:FI]L9&0\22F9$BS
M$G5,IAM\JG4_;36AGWD-;G#NYN'D="8C+JBI+M1$#R5`````%0!V))F1F7!.
MIZEWT[]0*T.H%`````#RE1&9T1^&^25(DH4CA523,J%73@9F*PG*W-3CS124
M5.+B^3,>[UC%WBRTQ(\9QUQN:RN,\VDE$325ES$9D>E$D-DL95F<.N3233J1
M-RS=C+I2JTS(.,E:8["5U-9,MDOFK7F)!<U:^D:Y*G4Z<JDM'A%+MH>P\E0`
M``^$EPC2TRV14,T<Q)[#4M5-?4/NU<9-GQ!*JA&/:RKLZHP[9+:1F10+1')2
M>YQXTKX<*J,QAX'I*=WY4W\!):OZ+M6%RA;7ONAD'T:1C>W(G/TK[O:7M?L?
MJ=X@-XRZ=.C'RS-CV'&NHW)^2!M%["]7[)CF2.M@5``%W+/I;8I?8HY?72A_
MLB&O_6-^4D[7J(F0LETEEZTMDGTH,OJ"]8^L19O>HS!#JFM5PN6V#K=N);A1
MY;+SZ$D9FE-4T,N74_:&];7O6[>IJ5VG%&C;JLW+VDRC:JVFF3W:IB3'V^QA
M$PU'(.W-J<YR,EE71*5<VM2(A8U.499]UP]7J,K2XRCI]I3];H1<(8)G@`4_
M-R*%#OMOQ[1ZYW)M;S#!.(09LH^<OV^-#%Z%B<[$LCE;CS98GD0A?CC\[DN1
M4%#+0RH9<2XT/U]HL%\[H[?@_9%)%3T(Z&1]QD/(*5D8;9I>2P<H6PH[K!0;
M<=PC+D(CJ53*E3.AT&5',O1QY8R?YJ1C2Q+,\F.4U^=BN#(^[FLC:2?S:JU]
M0MVJ4;1=N5_`>5I52294XDGY3%;B]$I:]8JD^SUE\HQS(,,^IC+K]AN9X==K
M-(7'-$-UM9DCF0I+BZ*J1\3H?P#<-N8EC,P[UJ\J\32MT9V3I^7CW[#IS3,L
M,0NR;QCUDE.*5[Q(M\5YS0B]MQKF7Z:*4-5R[7<Y$XKU5)FWXE[OL>$WZSBO
MA,$NK6WG'S:!,Y>0ID`JTT(U)41GZ^`WC:ESJPI0\DC0-Y6Z9D)]CB8H#:C3
MCHM)*+MT[A5.AXG'J1X^%0ZJYB2?`S(TG6I$1%4J*(>J^3F6NBG%U2]PV&^6
MSD*+7O;-L[CIH9O=FDLDBM.9UMM2D&1%H>I:U[ASWQ(QG=T174N,)HZ/X:9*
MMZO<L5X3@;R,\9\7'G*56ME:54.FA&22,]"K4C'$-/E3(\S1VW+XV?/4QY\0
M_L?JC8:$1U,MGNOB!YQB-QLS2$+DO1UE&0H^+IG0J=M:"3TG+]BRXWGZJ?$C
MM3Q?;<65GAU-<"9;68C*PW;BPXS,Y52[<RI3I).I)4Z9+;21_P"02=>X6]4R
MXYFHW,F'J2?`]Z;B2Q-/AC2]:*+"=1UK+WK'<HBM$2]8,Q2::.(47AFI7&JJ
M%Q[!/[=N^A<Q9<N:(37[=96\F//DS?!T";A)S#9['?&<2N3;&$VQXC41N$IA
MLC2:J5,R-.A>H<$\0=.>'K%RB]&?I'5MJYBRM,MM^M%4,\2]M>NG,9_5,QH/
M(V@IK,K@Y9[,Y*;-2DDM/B)X%RU))J,RU(R)9C*PK:O7NE\RU?GT0ZNPP1P;
M*47>[Y)`4XZYX4]UZ,2CJ26^=PE5[3J0W[/Q'9LVKBIQC1FMXM_O+DX^?@5O
MD$+Z1L=SBTYE+BNJ;+C[:4UX>D8&-<[O(C/SF7>AUVI(U_Y[:CG8S=H:V2-Z
M.IVG::.74S_]$=#P+O=Y4)I^BS4LRWUV)0?,FW1C?RCRL@QIQ9ZE[PRT9G1)
MD2DN<I=VHL;UQ^J%O*7N%=LW:.=ALV`CGIMX````````=B50E%]D5*]P%>RA
M83<6PR&9$F6RRI;$MLUEX2369.)+ZXB(_:48V#3<B,HJ,GZ2(K,M2BVTN#+H
M84B4WB]G1-(TR$Q4DM*B4E22J9I2HE:DHB,16<X/+FX>K4S<925B*ESH52,0
MO@````$/,?\`=HDA^M":1S&?=0Z%Q]8]0CU34?*4D^F+?86\CYF]'R%%MEJ2
M[!FMDJ,\E!?<UFK1*EE]?3B)*>%&6-WL.%R+XHPXY+5WNWQBRYID5",C,ZU^
M(CT$69IU``````'.E:T*O?0N;X^(%:CCQ,S]>I@4.`````?"_$C%+OMKATKX
MLJ.A1%P)!+YE>BA)(?<TI.%B<_(F?%<+:N9MNUY9(]LSE%+R6Z+(ZI:>3&1W
M$EA"4)(NXBH&##HQ8I\VJ^^>-5N=YGW'V)T]XRTZ*(Q.Y1DTCAX%M;01TU,U
MJI2O'VJC4]Z2IC6H^61NNP8UO7I^2*1LFK77O.OQCG5*<#J2`J5''AQ[`*%W
MK4DTP(Q'I]S+Y"J(6\ZW&2=GU"-4LJ&1'KP[>\6BXVB37HS.V2"J=:5XGPH,
MC'^L52Q=]1EF[K;XMTMTB#-91(C/H(G&G/FJY3(RK2IZ&0F[5R5NXKEMTDB+
MNPA<MN$U6+*8:9:C-HCL(2VRPDFF6TE1*&T%0DI[:>O49#;D^J7K/F8R2BNE
M>JN1Z``7$J\`!A3OA.O5OWDPF3;G)#)*)AAM39&E)DX^E#B3.I:4KH7$;CHD
M+%S1K\;B3:JS2->N9%K6\:5JJ3X&:B.;PVN>O/X+//6I'S^$CFXZ\1IW;PY5
M-WXTX\ST09%H?;2@\R!ZCR5(*3<H4-YAA^2AI^21J8:,S\1PB.AFE):Z#W&W
M.:<HJL5S/,IQBU%OBR+>9;D$?.9&HB/ETKK3B1\-:#S%N)[:4BG8IJ9N*FZ%
MQII]L8R)4=NI8BZ3H5.A5#]HSI3MJ>HQ2^N9:S=/;6!N-`BM.\B)L-YE<>2O
MYS;:7.=U*:Z>T78?$2FF:E<T^;:]22XHB]5TVUJ5I0GZR::?D*OQF*FTQ8]N
M:*J8$1B-SG7VE,D2:D7$M!B9,^]F[CYR=??,W'@K,%;7**H8H=7T(EEC%U*O
M!V.KU%S?"9C:MI3^MM?A-/WI#T+5[ST,'^8ANU&<_P"N)[Q4I=DQVSK1Q]I!
M^I2TD?U#'F=5!OS'NVXRG&/E:+J9?/M$F&G%F+-$B3L?2EY%T9(_'F-K;2X:
M7R,J'\X16'"[&?M3FW"YPZ7V>X3F?<QYP>#&VHW;*3ZO+[I6G1]D/YM]06`S
MB42&95R*(XJID7AR4DV54\3]HST&)N_']IT"_;_*4:^\7MEW_9MPV9+E)M?@
M9]*M[:][M$]!D1^)&=IP/VB07+Q^,?-EA]%Z+\C/HZZNJT_<,62(TN*0H]4J
M4@]:^TD]1M3HU5$`O6/3M(^TN!]I>HQY/1[L.$=&^>JC(N<JF9TKJ9T/4))\
MZ%8M4YEA]X;0=PQJ]0S(ZQ5E<8ZBU-)%0UE37C4O@$]I%[N\F$_+P9#:I:[S
M&G#M7%&77E99_P"'/O\`ADEXC2I!3X[=5<QJ0V1K)!>@R^`:=XJ:?U6K>;%<
M:T9.[!RZJ>+)^=&]I)DITC21$1JJ1$=:$>M*^@<&Y*C.I$@S*V_2F/7"-[53
M94I!)(ZFHE(TJ7`S(9&#=[K(C+SEN_'KMN/::Q=MXDN!N'>F.5SP3;E^+S),
MDI^ZN\I&9Z&9*(AU+4YPGIT)<*U5#3\.,HY<H\:<3)4B0I*D+.B7$.(4>IT)
M2:$>GI&K\4ZKL)KFJ&$^=P4P;[>;8>C,LWJ&95T6DZ&1=AF8WG`GWF/"[VJA
MK65'INRAV,QVV.NWYG[T,1U*I'GNO1#(S,BU49)/33VJC8]=L^VZ*Y+UHJI"
M:5<]FU3I_)E5&U_TU(R/A3M]/J,<D.@'E*D%%A2'Z$?AH-:JEJE)::'3M%80
MZ[BB4D^F#EY"W]ES4Y.3NV*8:'&7VE/QGDZ<IFBB45*AZ&)&_@].*K\.#7!H
MP[>3U7^ZER9<99F:CK2NG#0M"(A&+D9K.HJ4```#@VVG-'FTN)[E$2O5Q(PJ
MURYAI/F=C))4)!4(BX5K\7HH''M!P``````(6:P4F))8/_UC#A$789\NGU1[
MA+IFI>1E)1ZHM>8QCNS<B(X^GF-#]N>YD<RC)5$.<R5%4]241#:;+C-)_DR1
M"3K&M/6B9(6&>5SL]NG%Q?BMJ6=>+A)HOTE[1#6<BWW5Z5OR,F;4^NVI>5$V
M%D]@``````>;KS+!&IYQ#:222C4I1$1$9F15,]*U+@/2C*7"*JRC:7/@=D+0
MXA+C:DK0K5*TF2DGZC+04::='S*\^*Y'84``'P\X2CWC)VY*B(V8$>5,7I]8
MTTKE[RXF/N#.?3B]*YR:1\9Z6NO4.\?*"<BBYCQR)<J09\QOR'G3/L]M9J*G
M;2@SH+I@H^1(B+TNN[*?:Y-_"9[]$<6KF83#*AI3$:(RT(ZF1Z\:\1HF])?4
MP7+B=,V!!]W?G)<VC8$14(B[AH1T?D<@5'`"CY%WX2C3"BD5/W(N/J(0ESUV
M2=OA!4/8SJ9GWZCP>B5WG2V2%=M*>C@+^/QN(M7?4987+,GMV*6.1=[FZEN.
M@V6&ZG3Q'I&C95[$D?$3^)C7,J^K-OC+_!$+E95O%L.[=X11+(KYR8T>51-)
M++4A'(?,DT/()Q)DKMT4+LETR<>U.A;B^J*EY54]Q0J*TU[M10%*Y#AUGR2=
M:+C<&>>5:'4R(RR01U41U(ET*I%7TEH,G'S+N-"=NV_1FJ,Q;^)9R)PN7%6<
M'5%5&9F>I4]&NG<6M3X#&7(RAVD?<`/=)\#'AE488[[YQ><2W/Q)V`]RL^ZM
M,K9Y>9*B?<)M7LUIS&2M!N.A85G+TRZIKC7XC3-?U&_@ZICNV_1:H_PF7K$T
MBML*8I.K\6*OE[ENL\RR^`QJ4K?YR4%V-_&;C&7H*?E2^(E*%&Y+2X9&DUK-
M7Q]WHJ+S5(4\Q;7K%3C%+P`'#3*"4LRJ1K/F/AQ[BTX`VV523,8>JZ";V$6Z
M22?O.XZ*[>5:=:GZS,;/M6?3FRAY8FK;OMN6FJ7R9&NH=#.6'9"U-K0XFO,V
MI+A<O&J%$JA>DZ"C2:H^3*Q;BU)<TZ^\7'RM4`I$3)HLMI]%YM#;<B(@_NT>
M4TRE"T*+B>I"-Q.\<7BR33A/@_-4G,YVE-9T))QN6Z-=J="2[:W=5DW`P^ZD
MHT>X9!;GJE4C))2$$:3(C(Z:B]J5I7\"]:^5;?Q&#I%_N-4L7>5+B/JWL\MN
MY6*!+1[34^SQGBKQ(G8C2C,O29F8^5KT';R)0?.,VOA/JFU)7+49=DHI_`8P
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M66G9$V0;CB$$2SH\OV2/L3Z!NT;DYVH1DVTHKXB#<8QFVDDVS@`8J[W6]<:]
MP[@DB2AY'.9EP4:3(M?68VS0[BG8E:[406I1:NJ?8S!/*7';#GUFO#2O#)%P
M8D&9:>QXM%D=*&=:]XWW%4;^GSLOC6+1JF2W9S8W?/4W`X_<6;M8+1<FCK[W
M!C+/N_<4*J7;J:S'&\BW*SDSM/LD_C.B69JY:C-=J1'SF"?@OL:_[0RM&G?J
M22+UF/%N3C<4O(RY)=4&O*8FRW'K5DUHE)4:5QIY1UUTYTJ>H:5F1EIJ-N@H
MW<:<7R<:_`:_-NW>BUV.AENA1+0A9<%H2K_M)(_BU&H-4=#8.9R*``````\)
M$N+#2A<M]+*7%<J#5P-1=@]1A.?""J4<HQ]9D01H6CQ&S,T5(J\>-3XT+N'C
MBG1\RO"G`X%0`````4%E6#E?G#?@K:9>=0E+Q&7SOK3T(BX$=1(8F=[.NFY5
MQ7(Q;^+WOI1HFRJ[-:BLEJA6OG)Q41KD4XDZI69G6I:=E1B7KW?W97?*R_:A
MW=M0\A,A:/8``````%M<ZE.L&ADT&;,IDTF>I4,JT6DR,M2,2F!!23EVIF'E
M2:X=C1*=O[\ZU+<L4IY3C+J%/0'G#,_;U^Y&?;J+VHXZ</:(*DEP:+>)=:EW
M3?#L+PF1D9D9&DRXD?$C[CT(0I('``^'S$S]SLV57/@;=O1#95_XDE7*9=GU
MBA]OY?IWK-KRRK[Q\::<^[Q<C(\D.E?A*`/CVZ::Z'II^P)%$)+F;(.B:,2<
M=RF30_;G-((^PZ5,]?@'.MYR_P!IM1_TG6=A1I@W)?ZS.(:4;\`!R7$O60H^
M0+M0OO2/_JD?((6YZ[)*'JHB1X/1++U_NJ5Z"(_CT+ZHOX_UJ+5WZMF`?5Q[
M\6VT=$7Q5(5<VEO$SQ2E*4T-1]A<Q#?MJ='VD^NE>DT/>'>/2FH5]9<BM-J2
MDEMWBQ2U.+D*MS2U+<.JE(454:^A.GP#"U11^T+O1PCU&?I?7]G6NMUET(N$
M,$D``(.3/BPO"]Z>2QXZC0T2SH;BDG0R215,]1ZC"4Z]"K0\RG&%.ITJ19&2
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MIO,I091CFOW=5N?8^H'"KDR:T-R;BPE)EJ@^=PDJ34Z%74;_`*4X7M!O6GS4
M6:+JO>6=P6+D>3D;(DJ55IRI$I/(NI=Y$E52](YRUP:[#H%>->TQ(W7ANX?N
MY!R&*E4=$UR#=65)5RDAYE:5JH?;SDDQMFE369I$K$N/2G%^X:QJ47BZI&_'
M@I4?X3Z>]D,O;S3:O$<A0[XWO=DCH4NI']T..TAQ)F1GJ2S]`^7==PGA:M>Q
MVJ4F_C9W#3KZR<*W>7;%%U8A5<(C.A<[?,?:1+,T5(NVAJ$3/D9JYEOWMC&G
MGG7?SE=3XKCCG+]%(.G.HU4K[\5:5$E'7FHI=TN"^5^(Q7@)NO5\'XSS_00U
M_.=W\E(_CXK]OO\`1+Z7XA[`OE?!^,H;-^E&'FC49#V:R(*XZS42TV%F02B.
MGL\JKFS3AQJ8SL'=L\%MQL*2?^MK_P!UF)E:-')2K<::\WXS'K,?+7MV6.LO
M%N[-MSC*B4E2<+C2>'90\C8H-BPO$RYB)Q]CC)/_`*1K_P!QD/E;0ADT??N+
M7^BO_O&2>$=,9XAC-MQY[.7[NJW,DR4Y5@:AFZE)$2:L)NL@D4I]F8UK.W1[
M9E2R584.I\NNOP]*)O%TKV>Q&R[G5T]M*?XE5_H(:_G.[^2D?Q\8GV^_T2^E
M^(R/8%\KX/QE`W?I'LMWN;5R<RR4R:'FY"F&[.T:%N-JYN8U'<",N;U"0L[P
MO6;3M*RGPI7J_$8ES1+=R?7UM<?)^,KTMAV$D24Y,Z24D24E]%-Z$DB(O_T[
MN(1_V^^VTJ_._$97L"^5\'XSG]!#7\YW?R4C^/A]OO\`1+Z7XBOL"^5\'XQ^
M@AK^<[OY*1_'P^WW^B7TOQ#V!?*^#\8_00U_.=W\E(_CX?;[_1+Z7XA[`OE?
M!^,?H(:H9?G,[J1E_NI';_\`KP?;[_1+Z7XA[`OE?!^,I._],*+ZF0V><2(K
M;R6^5*;"VZ;3C?!Q*CNK=3/NH0R\?=+QVFK";7^O_P#"8][25=K^<:3\WXR<
M67IX.U6V-`?S)Z<N.@D>\JLC;*G$E\WF;*YND1D7I%F_N-7KKN*PHI]G57_W
M47+6F]W!0<ZM=M/QDT_00U_.=W\E(_CXM?;[_1+Z7XBY[`OE?!^,?H(:_G.[
M^2D?Q\/M]_HE]+\0]@7RO@_&/T$-?SG=_)2/X^'V^_T2^E^(>P+Y7P?C'Z"&
MOYSN_DI'\?#[??Z)?2_$/8%\KX/QC]!#7\YW?R4C^/A]O_\`1+Z7XA[`OE?!
M^,?H(:_G.[^2D?Q\/M]_HE]+\0]@7RO@_&/T$-?SG=_)2/X^'V^_T2^E^(>P
M+Y7P?C'Z"&OYSN_DI'\?#[??Z)?2_$/8%\KX/QC]!#7\YW?R4C^/A]OO]$OI
M?B'L"^5\'XQ^@AK^<[OY*1_'P^WW^B7TOQ#V!?*^#\8_00U_.=W\E(_CX?;[
M_1+Z7XA[`OE?!^,D.0=-43((K<=W+'XZV5\[3J;.TYRF?SJH.XHJ1^L7\?<\
M\>3DK*:?^K\1:NZ7&ZJ.=*>;\9247I$;B3H<YG<&23L-XG4D>-LT46G,@_\`
MSC3F(N/8,R6\'.$K<L9=,E\M_P#)+"T5*2DKCJG\G\9<L]B&OYSN_DI'\>$9
M]OO]$OI?B,SV!?*^#\8_00U_.=W\E(_CX?;[_1+Z7XA[`OE?!^,_/QH43`%4
M]E5WO-:UH:F8J$D:4Z\*E70?H'7KU#YD/A9\0T5O1G3_`)RY\"*"J9FHS[_V
M",2!"-U=3:%T91C:V]NCZB]I^ZJ]HNTD<Q%Z*ZZCF.\95U&,5R43L6Q8=.DN
M3YN3,P1J1NP`'9!56@C[5)+XS(4?(%W8Z23&CD7_`+)/R$(2?&3]TDH\CU'D
MJ2>_*--KF4/ZQ)]GV0R,=?G8ENZ_S;]PL=E6.6W*;')M%U;YXKQ(4:B22U-J
M0?,2B(_JB>Q<BYBWE>M>NB'RL>UDV7:NJL&26%"CVV)'M\1!-QH3+<9E)%3[
MFT@DI.G>HM1=E.5R3N3]:3J6(0C;@H1]5*A%"AZ.`!B)U)9=<\;RC`R@.*;)
M$A3ZBYC\-PEO-I4DT_-.A#:]N8EK)QK_`'BJZ&H;GSKV)E8W=<NKW^)E9:I"
MI=JM<M7+SRX$:2YR?-YWFB6JG=J8U:ZNF[*"Y*31MEN3G;C)\W&I,D$1JU[/
M^86Y<BXEQ/96AF1=X\E7S"3,JT[J'ZC`''P?!_T@4*<N'W\C@1:>@N)C(M^H
MRU/URI$G1I!EQ4G7XACOF7EP7`MONU89.2;?9#:(37C2I$7G8;U,W%MKYN0B
M+6ITJ)'2;\<;4+=Z;I%/B1NK8TLK3KMB"K)QX%@NE^SW2S6*],7!AV.X5U)O
MD6FA&;9&2C(Z:ZB>W/>M7K\)6VFN@@-HX]['Q)PO)J769#[IP?I#`,CCT)1%
M;%NF1\:I*I^FHU_3)]WGVY?ZC9-4M]Y@78=G0:BW$DA:TE]:HT_]G3]@=93J
MJG$YJCX<CH/1X)[8<8N63R5QK>;*#:;6XMR0KD:+E+FY>:I>VHBT&/D95K&C
MU7*\7V&5B8-[.FXVJ*BYOD2&9%=BN.QW$EXC2UMJ4E1F1+;4:3,BU]DU)[Q?
MA*,TI+D8MVU*TW"7-51]%O0AD2;_`-/6,H-9N+M,J3;G3K4R(O:21ZZ4,?.^
M^\;N-P77\M)GT=LG(61H%GRQX%T-RXY,7EI[E]E^.2JZZJK0]?@X"-TN758:
M[4R6SU2ZGY46X):*EI3TU/3TB2H81;S)=NK'E=^LM\GH+QK!(2_&22>8W725
MSU,S/0J_M"0QM1OXMB=B'JW%1^X8&1@6<F]"]<YVW5>Z7BCJ)U!*IQ(Z)[*D
M5*>JI"(E6/`EHTEQ,?M_H*+C8K5=B^^;-..*X:JFHFC4I*2K]B7-H8GM`F[=
M^=K\F<:D'K4%.S&[^5"5#;QY:NX",GV?G8U*>2J9C,S[FVMU1N&R^@DI,DE7
M1*D^H<?\3=/>+K$<J*]"ZOB.@;,R_:--[IOTH/X#9)#_`'0_6Q_[XAS2?+WS
M<5S*\&`7@``````````````````````````````````````````````/S<,K
M3[G8\3ME2(T05S74=J7)"E$1&6FO*/TDQ/3OW;O^JGO'PAJ2[K#Q[':HU?X2
M@Q(D(;8.D:,3&U+#G+3Q[E)7776AG\':.4[KGU:JUY(H[;LR'1HL'V-MF40U
MHVP`#NT57&R[UH+_`-(AYEZK]P+F7=8/[BTGM0A*3])\J3T^,0TUZ5?*24>0
M4LJ&6M>'Q'ZP2?,-KD22]?[ME>E"2_\`2(QD6.-Q%BYZC+57.=%MT-^3->1'
M8;(B4XXHDI)2]$)(S/4U=@EK<)7)J,%63(^Y<C"#E-T2*6:>;D(2\THEMN%S
M)47`R5J7U#&4TXNDN#,9-255R/04``%C-Y-JU;A.8_.BJ-,JT36R4GZTXQO(
M<49]]#2)K1]36GJY"?JSC\)!:UI"U)VIKU[<J_@J7LC1TQ8D2(C5,6.RS72E
M6FTH.E-.)&(63<YN?E=2;C'IBH^1(BD=OP?LCS(]GH/(+/[RY^>W^/0[@@C\
M27<&HRC37F)DS(UT(N(E]&P/;\B5M\E&OX2(UG45IN,KS[9)%;8=D#.2XU!O
MK"C<:E-J6V:N)F22[J\#,869CO&R96'P:,_$R(Y.-&_#E(275NNI6NE4F?#A
M2IT^$4BDE1%9-M\>94K)U:;/_)(8\N="^N53U]?`]#]1\?J"@(./;X,1)IBQ
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MUSE24MFI)4:3,BYS,]/2(OQ.TY96CK*@JSM2K^`O['R^ZS98TG135/PH^B!I
M!M.DVJG,@T)53L,I*4\>!UY:CYSDZQJO_;@==7.A6PPB\```````````````
M```````````````````````````````!^;1GTCQ<A=83\R#'C1$D7S2\)NBB
M(_MC'Z3Z?&F.I/G)MGP9K,^K,<%RC%+WBBAG$0;@NF*-[MM!8"/B\Y(>]?.H
MJ?$.0[EEU:O<?D21W;:L.C1;2\JJ9`B"-C``]6"J\R7_`(B/\XAYEZK]PJN9
M=K1#37+H9D?-VZD2:<:]@A^;=20Y)4//B*GDE5Z+_P`N>].A_!K\HO6/K46[
MOJ&"?5E?9MEV^AE"><0]*N3!&XFJ3^Y>TE"B(N!$9_`-XVK8A?U!]:]%1?PF
MD;NR;N/IG5;=).2*UVQFR+A@6,S92B5(D0&U.&14T2E*4U+U%Q[1AZE"-O.N
M0AZJD2&FW)7<"U<GZSBBO!A&<``*O9K\%10'-%*J=*]]"T^H5"#@BI[421%3
MB=:Z^J@\5;YE73L`%#%SJML\^Y8+"D0F7'OH^XI=?)LJF3:DTKH1F6O:-GVK
M>A;SI1FTNJ)JF[[%V]IB=I-N,DRXVQL5UG:G'&WDK;=5$=,D*2=2(UI.JJD1
M\WI$?K<D]4N-<54E="BXZ394N$NDJ]U#B5&:R5\XR(S33M/3@,+@^1G-,JB,
M9&PW0R/V>PZC&EZS,A>J>WU10$B1DMH7*>AHD)=?CK-IU*"IRNGKX9U.JE)I
MK07WC75%3:I%EI7[3ET)UDGQ)LLTR6'"214<:6CE+6G,DTT/MJ8M*L9+W2YP
M:\QI_P`[B*@YAD457%NYR?9I0RYEFJM..M1US`GUX=N7^E'%M5MNWJ%V/9UL
MI(9A'%58M>;?:W+C$NS3KMLNT-4:03)T<0XBJF'*G[)$E?'O&)E6+EU1G::5
MV#JO\20T_)LV'.WD5[BY&CH4Y,D-/*)MDC-AIM3<<S^?R:Z*(N%2*HR(1<>+
M]9\S$O7(2?3#U$J(V;>6#D*8N<Y?CBUZ7.THDH1S%0UL.*4I)EQ*J2'-/$['
MZL&UDKG&=/?.G>&&13(OXS?!I,V^[B1?><?<<30U1W#6=-?G<%>@B'(=-ETY
M%'VG7,R/59KY#'(BY2(J4T+_`)SU[S&S$,DER(*X36+;$>G2FENQXR%.O);,
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MW>S-7(1N+DTG[Y=,11E`````````````````````````````````````````
M``````?FCWJ9[]=;A),^;Q9;IDJM=#/0O@(A^E]B'1:C'R1/S_S+O>Y$Y^63
M)68O&*;H=@XWNFU&(-DFG/;DNGZUG6M#U]H<:UV75JMY_P"H^@-`CT:18C_H
M1>(1),@`>\;[X9_UJ/\`.(>9>J_<*KFBZRCT)'V';WU2GL[.`B$NWRF>SJ*E
M"57H_P#RY_T4/UUH0NV%^=1;N>H8J;X;>*W'Q!-JCF92HDIN2PKA7E,DN&>I
M<4D-IT74/L[+[V7JR5#6=;TU:GA>S_E)U1,\8M"K#CMFLRC(UVZWQXR^4R,B
M6A/M%4N.HMY%WO\`(G>7*4FR_C6?9\>%GY,4B>BR7@`+1;P;B_HZM-MDHH;M
MQGML<U",T,I627%)*A]IB5TC3_M&[*'9&-2(UC4XZ98C<?.4DOA+E8U=CO=E
M@76AFF?&)XE'0C,C))$="(J5(1N3:[F]*U\ET)/'N]]95U<I*I.A8+H`$).@
M0[G$>@W!A,F*^5'&5DDTJIP.BB.AD/=NY.U)3MNDD>9PA<BX358L[P(L>V16
M(<%I+,:.WX3322+E)-:\"T(Q2<Y7).<W63*PC&W%0@J11+[M3[E0B+OIVG4]
M1<M=IYN$;"^]FO4+<_79Z7(BCT(S+B23,O70Z?5'DJ:Z\5R2ZIW[N=JDS7U0
MI-YD_P"SJ-7*E2#414+A0CUH.A96-:^P87HI=:@N)SG#S;_WEN8TY/NG)\#8
M9`21QR573FIPIP4::\=!S^X_2.C0XQ-66^=O^C]R\B;Y#03LGQN%*\Z2.HZC
MH=SO--MOR(Y%N2UW>JW/.ZEH1+D">;OS%>H57,\RY'FUQ3ZOV`91<S,[H(R,
M[%U"6!A3OA-75F1!74R(EJ=+E2D^_4QIN_<?O]OW)4JXT9O'A]D=SKT;=:*<
M6CZ#\BC^\66YL\:QG#+UIU+2OH'S]CRZ;T7YSZ`O1K;DO,8M+*BC+M[?09:4
M^`;6O,0)*KS&5+M4^.2>;QHSK9EZ%I-)Z=O$7;,E"[&3[&6KT>JTX^8P<Z9$
MS++O'GMG<)2(Y-O.FA1&CFHKF015(RKP/B-VW+T7](L75ZU4:5MM3L:QDV9<
M(<S8MS*-I"F]%$I!D?&E%%4_@(<\5$^/(W_CS7,QMZA[3[G?,>RN(CD*8PB+
M)<21JJ\R9&VHS(R]NHV/;UWKL7,6?%Q=5[AK^NVNB];R8=O!F_SH>W#:W`V'
MQ,W7TKGVA3=KE&:N9XF8ZTDRIQ/SC,J&7PCY]WUIST_7KU%^;GZ2\E7S.L[;
MR_;-+M2;K*/!_@,\QH)L@```````````````````````````````````````
M```````'YFG$S,RH9F:C^V/B?K'Z:GY[-M\PDC4XV5*DI7+3O,^!"C=$SU!5
MDEYS=]M,P4;;G#V:ZE9(AFGNJFI'3TD8XIJCZM1O2[.MGT+I4>G3K*_Z-%Q!
M@$B`!$0BK+:+C[:*%Z>8A;N>JQ#ZRA=0]5*,N%2*OI)*:B+[$9YP`)3>_P#=
MLCU)_P`XA>L?6HMW?49;=ZIMNF6OLFG3NKH7QB15*HPGR*/77F,C[#,NSA4^
MX9B,1\SE)42=2UU'FO$HN1YIUH7>=/JCUV!<C$;J[MTN39<7DQVEK;CS5H<-
M!&I"2<7I7EX<YD-KVE<C&]=C)JKB:=O.U.>+:E!52G_B9'[;,KC8%BS+Q&ET
MK.P:B5HKVT(4FM==2&O:C)2SKK7+K9L^G)QP+2?/H160PC+``ZK4EM"G%J2A
M"2,U+49$E)$53,S/@1$"3;HN8\[Y'E$G0YZ%+ANH=2C12DJYJT.E4^@Z#U.$
M[;I)4$)0FO1:9([B\;SRV_FD@Z%ZR/6@O6THJI:F^K@3B#][->H6;GKLN+D1
M9<1Y*F))[+W2+OBQE<=?/9Y;ZYKO*DON3BT^T1*+0B,SIZQMGVS:EHCQ)?7)
M4-2^P[L-P+4(O\R^+]TRU2@FR-M!:$9E0J:G4^[TC4VZNK-NY<$:WNJ"`<;<
M5R2533-B-/$?8>A)^'@.C;8N*6G]/D9S#=]MK45<7*43&T;&:ER.%-J=HVCY
MRUH2G[92B25>\M16J7%CI<N"\J*EO./P[/%B**XI?N2J>]0D((BCI4BJ5&?$
MR.N@Q;.1.]-IQI;['Y3/R<*UC6XM3K>[8^0K#8"^JQK>3`+J2N3PLCA-J5S4
M)*77FTZF6M#,Z#$U^PLG1[]KG^;9E;:R'BZYCW.SKI[Y]2)\DR&JBB-$F*2J
MEJ1D\RE94[R/F(?+W&$_.F?3W"4?=1BE/9./-E,GQ;?=2??HL^/P#;;<NJ"E
MYB`FNF;7G(-7"AES%4N8N\JU.G`>SR^11=AP"P6#(KKE,)FETNR3;?4KE2E+
M*E<$D15YR(AF7L_(OX\,6;_-0,.SA6;%^>3!?G9\RY\=9FV9$HS,BX5X<1%S
M7'S$C%\/.6TW:BMWO`I\;EK,LS[<U@R.G,W2JB,^)4IJ)/29.QGQE^1-49':
MG#OL*4/RHNJ,L?*SW/\`=LAO&`2'3\&XH:F0T*7RFAY+Z2<)M*C/F52OP5&H
M>*FE]6-#4(KTHNC]RA.;$SO2GB-\'Q1O^'SZ=3```#2AYO75UU?]`>U=NZ@]
MHLQV9RC#LDW5Q7;B/MKGFTF02+ICS=]Q2_7%5U:SBR[I6M-Z4J[8PZ:F7+7'
MY&I:4DLS:JYVOPAVCL_?VJRV]J]G-M9EO%G>=ZUD049]-R$>GNI6)=/HS7%3
M=7'EQX<4\7=V[PV#I<=P:/>PKN'<RH6E9NX\W*"=J<NKO(WX]7I6WP<(T4EQ
MX<<I9^WWF13,'BW_`!/JOZ:I.<2++%N<7',@Z4<IMV"S+A(BE**V2KY;NH.Z
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M::ZI+DU+BTMMHY*=8``T4>:?UF=9O0UF'3[+VOS39?*L/ZC]XW-L(5@S;9R_
MN7+;I$AW'TVV8G(+'NK;BRP_#NCYNI<APS,VD\I^T=.Z>%NS=F;XP]0AJEC-
MM9FG8:O.=K(ATW>$^I=$K$N[]54I*7-^0X=XG[OWGLK,P9Z7?PKF'J&3*TH7
M,:;E:XPZ?3C?CU^LZUC'EYS<_MY:,^L>-MP=R<VLV?Y04V8\]D-@PM6`VU<)
MYWFA0FL=7DV7+:7#:]E3IS5FZ>O*G@.,ZA>P+^2[FFV)X^+14A.YWKKVOKZ+
M?/R=*IYSL>GV<^QC*&I7X9&55^G"WW2IV+HZ[G+R]3J5P,$S@`/G:\S#S#>N
M/R[]X]K6;26U._6SF46W(-TL_M\;:'(<6S7"ML,4W$P_%[S:TWZ%NC>K4\MZ
M)G$&&Q>'H#3;4]U"W8_AJY2^B/#3P\V/XAZ-E2N^UX&L6I1L6F\B$[=R].S<
MG&70[$9<';E)VU-MQ32E7B?//B3X@[X\/M9Q8VGBY^CW8RO7(K'G"Y;LPNPA
M*/6K\H\>\A%7'!4DZN+7`WS[6;FX5O1MO@^[.W%[CY%@NXF,6?+L6O,51&B;
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M74FTS%?RC>J+JFZXMA;/U,[T9IM1`QZXY+G>'-;:;?[4WFRR''L8EPK?"R"1
MF]XW*R!Q*W9'CK5#;MA(-"D?=2,C&T^+>V-K;(UZ>VM%LY<LB-JU<[Z[?C)>
MFFW%6HV8=E/2<ZUKP-8\)]R[JWIH<=QZW>Q8V)7+D%9M6)1?H]-).Y*]/C5N
MJ4$N7$V_#D)UL`#4MO)YBV<Y5U2W+H9Z$MM,8WFW\Q&"=TWIW+W$O-TLNP?3
MY;4+C-.IR^3CC+^29GD[#TUIE=IMJXRTR74L^.;K<E$?K.C^'>#B;7COC?63
M=P]!O2Z<>S9C&65EOC]6I^A;@TFU.:E6*ZNE)Q<N5:OX@YN5N:6RMD8UO+UR
MTF[]Z[*4<;%2Y]?1Z=R2;490@XM2?2FY1FHWL:V'Z^+E"*9>>OK&+%D#J$NK
MMV#]).!(PJ%(4FJXS,3,LWRK+)\)I>B5KNK#JTZGRF="A7KVP;<^BSH%VYCK
MMNY]WO&O+6W;A;3_`.`TB5^P=_78]=[<%JW??Y-O`M=VGY*7+D[C7GZTWYB"
MZ8<MZY+=U$;N;'=4$_:+</;_``G;+`\ZP'>S;;;+-MMIF7W/-LDRVRKQN^VV
M\Y9E6)LWG'(6%O2)T>W/.&VFX0UFM*7.0>]SXFQ[FWL37-L1R\?4+^5=M7<:
M]>MWE;C;A"77%QMPN=,W<2C*:57":IPJ-LYF];>X<O0]S2Q<C!L8MJ[;R+5F
MY9=QW)3CTR4ISM]4>[E*<85Z5*V^IU-A0YZ=```U777KGW2Z@^H[<CI9Z$,4
MP3().QDF-:^H;J:W:5?)VS^V&33'ID9&W^'X?BLVT9!NKN&T[`DI>:*YVBVP
MW8CJ79"^6A]3M;'TO;^W,;=&^[M^W'.3EB85CI61>@DGWMRY-2A8M<8T?1<G
M)2344<ON[VU37]P9&V=C6K%R>%PRLR_U2L69U:[J%NVXSO7:J2IUPBG"2;IQ
M+H7S8[S!D07;AB_7AM^YDC;:WF+-DG2)C"L#F22]M$-YNT;F1\RMT!Q7L&XF
MZ2GD).M%J+6,L:YX?.:MY6@Y"QGP<H9\^]2\OI67;D_-T13\Q(7M#\05'O<?
M7L=WUQZ)X$.Z?F]&]WD5V5ZY-<Z,QDZ>_,TW+L'5HWT!=?VUN*;.]1%[C,S=
MI=RMM;K=;CL?OI;I;4M=I=QM.1<]^QFY7PK9*1%9DOR4NSH[T)SW:6AMA[9=
MP>&>FY&TWO[8.5=S-O0;5^S>C%9.,U3JZ^CT9J-8N325(M375!N2UW0/$G4<
M?=2V'OO&M8FX9Q3LWK+D\?(3]7H4VY0ZFFH5D^J2<&H3I%[G!QH[$```'YF8
M_34_/4B8B#=E1FRXJD,I^!:R37X*CQ-T@WYF7K$7*[%+Y2^,WI8/'*-AN,,D
M5#:LEO2>G$S82?[`X?F2ZLRZ_+-_&?1.%'IQ+4?)!?$50,<R@`(JWZS6"_RT
M?YQ"U=]5BW]:70+2I?Y1G\9)$82#X<#D"A*;W_NV1ZD_YQ"]8^M1;N>H8J;X
M;A.;;X>5TCD2Y<J4F*R1'IRK,C6JE#J?*=/0-HT73UJ.7W4O42J:SKFI?9F%
MWZ]9NB_">V#W]>48W:[PXVII4QA*CYBIS&24U67"I&9BF;86+DRLKC1GO"R/
M:L:%ZE.I%9DGFJ5:>R9C"Y&8E4\B;52I<",]?4?$>JTX%$G0EEYL=LOT-,"Y
MQ6Y,8E)<Y'")7MI.I*(S(^74>[-^Y8GUVG21;NV;5^'=W$G`F3#+49EF.P@F
MV6&T,M-EP0VVDDI27H(B%N4G*3E+UF>TE%**X)'J*%0`+=;M7%^U[=93,BF:
M'V[>LD+)1I4CFJ1FDRU(Q(:3;C=U&U"7+J(_5KLK.FWKD/64&6,Z4,@NU^MM
M\*Y2W)*(:&FF><S,T$I9&9U,]3J)W=6/:Q[L.[5.H@-G9=[*QIN[+JIP,D)S
M:T2'C,N*S,O48UN%&D;1*+3)]`*L1M7<7#X3(6+GKLO1]5,BAY*GH@ZT2="[
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M*I$[>R986LP3?#KI[[/KM'R`=^```#YZ/\2[_P#+_P`(_P#S1;9?_!^YH^A/
M[:O_`-_W_P#PN]_VE@^?/[E/_P!@V?\`Q*W_`-CD&UG,<0ZOLGMZ+;M)O;LG
MM=AMVQRPLVB]WG8W*-P-R\4)=@@,7"1"?D[PV'!+U/\`I!+K\1R7:/`90M+;
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M`#YP?\0=_O7RS^__`(SL=_&L7'T9_;_]5N7_`,'E\4SYZ\>?KMO?^)_XVSZ/
MA\YGT*```&J3J+P3$]TO,IV#VTSRS1<BPC/^@[K&P_+;!.2:HEXQZ_YWL%;[
MG`?(C)24O1GCY5I,EMK(EI,E)(RZMMW/R]+\-L_4\";MYV/KVGW+<USC.%K*
M<6O<:]Q\GP.6[AP<75/$3!TW.@KF%D:'G6[D7RE"5S'37O=O-/BN)@5Y7^XF
M6^7MU=;K>47OS?I<O"I<Z\[K=%F>7YU+$?(<,O*KC?;CB;4ETRCI>N<*)*F$
MR@TM,7VW7=E/,;[!'OGB?IV)X@[1Q/%O0;:6:HQL:C:CQ<+D:14VN?HMQC5\
M7:G9?!1D:)X9ZCE[`W9E>%&NS;PY2E>T^[*B4H2K)P78NM*4J)*,;L+L:MR1
MEWAR7.L6_P#4/UWWE+DG9S;K:C>[8_H=MKZ5^Z7+'2L5VM.]74M&8<(R]ZW<
MOUI^A+!(+D66+6HW"3RW)1GJ6739]C3MB6:+6<G+QLG4VN:GUQEC8;\UB,N\
MNKBN^G2OYLVO%3W?>U'?-[CH^/B9.-IJ?)QZ)1R,Q<^-^2[NV_1?<P=5Z52V
MW^''_P#ED87_`/>UN]_\1MC/_N*_\R[W_P`)8_XK,3^W_P#\N[?_`,7>^.)O
M>'"SMH`'RO\`^'TOS6,=4'F<[3[H.>Y]1$O=J-DU]CW<N6_7BW8[G&YUJS"0
MTM__`&E^/;<HR2,\]2J5%<F5ZD:3'U-_<#8>5M?;.K:9Z6W5BN$7'U8N=JS*
MVG3@FX0DE\QH^7?`*_'&W/N32M2]'<$LB,Y=7K3[NY>C=:KQ?3<G'J?:Y)\3
MZH!\LGU$```$ONR9ZK5<DVM2$7-5OF)MRW*>&F><9PHBEUTY$R.4S]`N6N[5
MV+N_5=2K[E>/P%N]WCM25KZWI=/=IP^$^:K_``T&4POT,=7.V^1N&SO)C/4I
M-R7<.#<3)-_<1D6-6VR-2[@AZDQPVLIQ&\LN&HC\-]*JT4O7Z3_N6Q9_;6D:
MEC*NC7=-4+37J>A.4FE3AZERVUY5[A\W?VV97_R;5=.RW_\`.;>H==U2]>D[
M<8KJKQ]>W<]QOSGTRCYH/I4^8[SO\5=SKKV\HW%-MFS=WMF[O7&8VNW%6Z6_
M#K/N'M+?8UYG*9^[LVFRKM-XF>(JB&VH\E7`ECZ:\$<I8.P]VY6I.FB1Q$N/
MJNY*S?BXKL<I=5N-.;;BO(?-'C7B2SM^;3QM.BY:N\J3]'FH*[8<)2[>F#5R
M=>Q1F^QGTXCYE/I<```/S-!^FI^>Q,;*WXUYMC-3^ZSX:3IQIXQ</746K[Z;
M,GY(OXC)PEU95N/EFOC-[EC;)FRV9DM";M4!)%PX162,S+[:HX;>=;TWV];^
M,^B;"I:@NSI7Q(FHMEX`"-MR%*G1226OB&H]2*I)-/R"U=:5N7N%;:?6O=+G
MFDR/7MH9>JA"+K4SWS.!4H2B^*)-N74Z553@>NE::"[8^L+=WU#7YUC1I+^%
MV)4="E-(NJO%Y$FHBKR$1GRE0BU&_;0G".9/JY]!H.]83EIT.CY9=/:Z&N#@
M&+1W"HXFU,+54J*^Z)YM>VNHBM3FIY]V2Y=3)C3(.&GVHOGT(KX8)G"IEH1F
M1=U0!YNO-,-K=?<0TT@JJ6XHDI(O6?:*I.3I%591M)5?(-NMO(2XTM+C:R(T
MK3JDR/A0^&H--.CYA-/BN1Z"A4`"D,^L+N38=?[(SRF]-@/(929\74H-22H6
MID,O`OK&S+=Y\HR,7.Q_:L.Y87.46D6)Z8,.O&)6G(T7>.N*Z[-2PT2D*1XJ
M6U5-9<VI$?*)W<^99R[MMVG5*-37]J:?D:?C7(7U23GP,D;H1>$@Z%4UT,^T
M]._B-<M>L;1+D>UK,SAG4S.AE2I\-3%+OK"/JD<+9Z*2R[-K1B'N2;HZAIRX
MJ4ABKB6RJV7*9>U0C(ZD=>T9>)A7<NKM\H\S&R\RQB=/>NCER(S'IS-U0B;%
M63C,E'B(5S)41D:C[2T/A\0\9%N5I]$N:+EB:NKKAQ3,9NKB`3E@L%P[(TQ;
M'-I4R49J(^\R.HV7:=RF1.WY4:IO.UU8D+GR9&`HWTYIQ[>9PHCY3IQTH?"E
M#)6A\2X"G:./2V5=<<C@W");'O`=3>8D4X+SQT\-UBE$'4M>9!:$?$8=O&N6
MYRC5=RW7\))WLZS=MPG1^TQCTM^8HISF2X:B*IDI+A:TU)1JI_UCXC.7%4(J
M3:E5]CJ?3)TH9`61[![?RN?G=9MB(:CJ?,1QCHJIJUJFA%ZA\U;KQ_9]>OQ[
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MTC8L:_'*T.]!\XVKB_\`NLU[*LO%U>W-<I3B_A1]B0^-SZ%```#4!YI70?U(
M^8?@$#9&P;B;+;6[6X_N'C>X]IOUSM&=9)GMTN5CQ>^V55MNL&)(M>.6^`4[
M))#J5-+D.+0RS7D,UD?7_"[?>W/#S/EK=_'S<K5;F/.S**E:A:BI3C+JBW6;
M=()<:+B^?`Y%XG[%W%XA8,=%M7\/&TFWD1NQDU=E=DXVYP:DDNA+TY/A5\(\
MN*>R#96#O/:L/8M6]SNV<K)+64*W6^?M?^=+=GN%LAVR''.;/AY6E4V!<9$U
MMU1LMO2&D-FDO$4JHYQK4]%NYCNZ(LE8TZMJ_P!'4I.3=$[?!I*G%I.M>!T7
M1+>M6L-6M<>*\F%$G8Z^EI12JU<XIMUX)M4[2[XAR8```#2KYD?EY]4?7KF.
MR\VT;I;%;88ET];FS=Q\`;EX[G^3Y%D<Y3N//6U.7FU<+/;8*8BK$9+:A<_.
M3YT<+E*O:?#CQ!VOL/#S(7L7.RLO4,96;M)VH0@O3ZN[X2DZ]7!RI2G(XSXB
M;!W3OG,Q)V<G`QL3!O2N6JQNSG)OHZ>\XQ2IT<5'G7UE0VW;<'N=^;#'Z74X
M&69E+EE)/;A>0*QA<$EE[BXPG)D)NK4M3=?%0HUH2KYJC(<EU'[,]J?V1W_L
M=%3ONCKKVUZ/1IY/B.KZ;]I^RK[7[CVVKKW/7T4[*=?I5\O/W2O!@&>`!K`S
M;ISZU\BZQ,#ZJ+3F?3'#MVV6V6YNT>.;=W"S[HOKN^-[C9+C]_DWR]95'E-*
MA9!'_,^V()IB"Y&227R]OQ$J;Z?A;BV5C[/O[6NV=3=S)R;-^=U2L+IG9A**
MC&#7&'YR?%R4G6/*C3YEF[?WKD;ML[FM7=+4,?'NV(6G&_QA=DI.4II\)^C;
MY1:73)<>JJE?F5^65C?F&X_LC+EY.WMINEM-G=DFN9_9$S47"1ME>YD%K=7"
M[=-BDS/1*G6]CWJRONF28MP83S<C<B09W/#;Q,R?#W(SH0M/)TO+L27=2I17
MHI]Q<:?"B;Z;B7.#X5<8GCQ&\-L;?]C"G<N+'U/$O1?>QK5VI-=[!<'5_E6Z
MJBDJ.BG)F66[NTF>Q^G]O8CIDB[58+:/S`G;56]K-XN3+L6&X2K#I6*6?\W+
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M:L.5G4``-3'5_P"5/B6^V]5EZN.GO=O*NDKK#QQ+!L[NX+;HEZL69)B0?HUB
M-N+A,N1!BW_QK6A,%]]#[?O4`B8EM2VT-(1UC:'BIEZ%HL]I;@Q+6K;/N5_V
M>ZW&5NKJW9N)-Q]+TDJ/IEZ4'!MM\JW;X78FMZS'=>@95W2MW0_Y^VE*,Z+I
M7>VZI2?3Z+=:2CZ,XS5$JKQ-'G%8O#8L>4H\O7=E<9M$=O.OIS?S:RZW$DGR
M%/O>*6["LWL[<U9%SN-P7V6#,Z())#%ROZ/94G?QGN'$JZ]UT8M^*\T9RNVY
M4\CDF_+4OX_]8<9=S>6WLJ*X*XYY5F;\\X1M3C7R]/2O(D90[)XQU9-9%<<L
MZC=T]H[A`D6-5KLVTNR>WE[L^*66Y+G1I*\ENVX6=9#?,SRRZHBL*C-,LQ+)
M`;0\M:X[SGAJ:U?6\K:;QXXFW,7+C<4^J5_)NQE<DJ-=$;5J$;=N-7U-N5R3
M:24DJUVC1,7=BR)9>X\K$E!PZ8V,:U*-N+JGURNW9RN7)4322C;A1MN+=&LF
MQK)LP`&FW>_RN,OL75!<^N#H%WKM_37U!Y2F4C=3"\LQF1ENP^]:+@ZQ(NI9
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M70];<`WKR7JQWTS^5U"=6&5V)O$VMR+EC\7%,.VMP5OQ5)V\V0V]CS[PU@^-
M*5(<]ZE2)UQN]Q6XZM^4?COH7XU_>]S4-%M[4T/'6G[4M3Z^Y4W<N7[OZ7)N
MM1[V?!42C"W&B48^C%J]H.RX8&KW-SZY?>H;INPZ.^<%;MV;?Z+'M)R[N'%U
M;E.;K)N7ISZL\AHAO(```?F:#]-3\]2IL+8]XR['&3+Y]VA(TIKS/)J6O=30
M8N:^G$N/R09(:7'JU"S'RW$;TX9$F+%26A)AQ4$7<26&J#ATN,F_]3^,^AH>
MJOFHB0/8`$UL^MQB%Z5_L"Q>^KD>[?KHN.I1JI6FA$6GH(B_8$:E0S6ZG`J4
M))D'^[C_`-9_W3%['^L_`6[OJ%H<BL5LR&V.0+M&1*BF:7":623)*R-)D:>9
M)F6I"7Q[US'N*Y:=)D9D6+>1:[NZJQ)4RRU'89CLH)MIAI#+:$E0DH;22$EI
MIHDA<E)RDY2YMEE)122Y)'J*%0`,>^IC()^.[?J.WOKCORKDPT;C9T4;:3,R
M*O<9\1L&VL>WD9_YQ5BHLU[=&3<Q-,<K;I-R2)[L%<;I=MNK?,NKCC[SJU>&
MXH]>1E)(*M?JBQKUNU:U"4+2HD9&@7;M_3(7+W&31><0Q,@`=DK4G@=-:\"K
M6E./'@*%4VCS)*4UY4DFIU.FE3[S](K4H2NZN))#;?UQGS%W4U+]@7;2=:GB
M;X><][5]YGZR^4Q2[ZQ6'JD>+9Z,'>LA3R%XBXE1DA!R>!F7=0]#+@8W?9Z3
M[U/GP-"WU*4869+DFS(G8]M2MNL?EJ=-9KB&22K[22))$5?A.HU[6VOM"Y&G
M)FTZ)5Z9:G7\DH_J=A*F;;./)3S*@36'?^I6AU].HR]LW.C4J/E*-#`W3;=S
M2I/Y+3-:@Z0<G9S]:8=I7\AD*GYR?67RCT6UP9Z/?.+TE^R8HCU<7&OE-]/E
MV9`5UV.7;C=4MZRWQQNE3]E#I'1!^@C+L'"/$3'[K6U<IZ,X?$=^\/KZO:%&
M%:RA)HRFW1CD2H$NAT(E-J,J4U^K74:OI<O6@;5G+U9%HA,D<6&ZBK1]*;<7
M8DI-;C#2GB(Z<I<E.RE>!_&)S;U[NM0CYR$U^UWNG32YT*)Z.))O;92&C3R^
M!=WTTH1$2C+4BIV:#-W?'IU)/RQ1@;0GU:53R39EQ,2;L-Q*/W1LS<+_`"22
M1*J7IJ-2B^F:;Y,VN2K#AS10&YMG*Y_HMR-E)N2+7FF*L25$5%''=OL`J^FB
MAGZ9>[M96-+A&5B;7N]+,#4[7>1L7UZT;L*^YU(^K0?)QW$`````````````
M`````````````````````````````````#\S0?IJ?GJ5_M6PJ3N)B+)%7FO4
M,R_ZKA&?U!'ZK+ITZ\_]#)C08]>KV%_K1O`0DTI01_6MH3\*2/Z@XH=_2H=P
M/0`$UL?^\X_K7_FBQ?\`JV>K7KEQA'&:=5_-/X/E(`2*^?[N5_K/^Z8O8_K_
M`("W=]0MU+?9C1G7Y#J&6D)+F6XHDI*M"(JGVGV"3@G-J,563,&4HQC67!%-
M>*V\27&E$MM22-*TF1I41ZU(RXEJ+[33H^9BU3XKD```&/\`U*8Q/R?`72MC
M+DB3"EIDFTV57%-EHGE32JCKV"?VYDV\;/3N.D6J&O[GQ+F;IDH6DW-.I6.R
MMHDV3;7'H,QM34DF%K=0LJ+2I22.BB[#T&)K-V-[4;DX<8UX&;HEF>/I=JU/
MA)1X^Z7/$628`"FAJ[",B/X="`$B@998KE<7K3$F-N3HZE-.M>*D^59$>G*6
MO$J>L9%S$O6[:NSBU!EJWE6;EQVHR3FA=4*4XTHBH1D5#/3M,4M/T6NTK<57
M5$=:](9E_E%\ICQ=]8]0]4CQ;/18;J`VTE;D8[#*VK2BY6E_Q64J3S$MLZ<R
M2+C6HGM`U*&G9#=SZN2XD!N+2GJV(H6W2[!U1<;;>Q/XQAEAL\M/+)AP$)?2
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M(A^CFG^&+$(QN+N)?+BU[Z/IJ'S`=A``````````````````````````````
M`````````````````_,T'Z:GYZEW]AXWO6ZV(-T(Z7%#NI?^SH?U:B'UZ73I
M5U_Z38MKP<]9LKSU-T8XX=W```"<V-)?2$8^W[K]1)4&/??H/\!<M)=9<(1Y
MEGBI1ZEI2OR&`)-??]W*_P!9_P!TQ?Q_7_`6[OU9@MU:Y//L>$6R+;WW8[L^
MX)2;S*C0I26"3R$HR,C^N,AN^U,:W?S93N)-1CR9HV\,N[C:<E:;4I22JBJ=
MDI=PG[>661=%K<DJ;(N=9F:E-U2E)F9F=="&-K4+<-0G&UZIFZ).Y<TVW.\_
M3:+K"*)0`#JI*%I4AQ"7$**BDK+F29=QD>A@FTZKF.RG8=D\J$$VVA"$)*B4
MH224D7H(@?%U?,K6BHN0`H`!YR#Y8DI9'[:6'E)3WF32S(_@,A6/K)></U7[
MAK8VCNEU?WT>2EUU:7KQ</&;\11H427#H7+6A)3V#H^K6K4=#3HE2".8Z)?O
M3W'.-6X]<C8]="+W9)T+F2JGJ.I:?!4<[M>L=.FO1\YUM?WF?VQ?*87?6/,/
M5(\6ST=T$1F9'Z#^(Q0JJ=I*YSJT3&$I69)(C.E3H=3,S(_0+T$G!^4\2;ZN
M!+,WB%-P[((I$1^\6>54N/MI;JFE>`N84NC,MR\DT6LR'7AW(+M@S3K(1X<A
M]L^+;SB/^RM2?V!U^+K%/S'#KBZ;DEY&SR^M,5[3S^0RKL;0E_',S:*GB(MD
M=[7[!+A$LM!AY+<<FS)\NIDC@I2PLF"Y]"92'NRRML>7IX;JS01%QT,RUUK6
M@S.I=ZX+FB.[M^SQN_DMFP+RX,A*U;T3+0XY[%XLTEI*"/13K)>(@SUU]KXQ
MH'B+C][HRNKG":.B>&V1W>JSL/\`*A\1N[R:/[U8IZ*?N<<W$D?&J5'2NNI#
MB>++IR(^=G;+Z4K+3,;QLQ"``"]?U:@"*C*)*N8^!'7Y!XDJ\"J.(J_=<RQ*
M6G1#F2V%"S^MHY=8B*&1'J1U%)^E@WH/FK4_^*RE>G)MR[.N/QH^G4?+IV,`
M`````````````````````````````````````````````#\S0?IJ?GJ9`=,D
M3WO=['2-!J2PIQ\U=B#014,^\:_N:?3I%SSFU[.AUZU#S)LW!GQ/UF.1H[<<
M"H``G5@_WBWZ$N'_`-HB(ACY+_-O\![LKTROE)-5*4TJ(\S#KR'Z/J_M`"27
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MG$F7(KN/XC_:%JI=Z6.17<?Q'^T%1TLY\,UH6A2%FE:5I]E)G3G0I!UT[E`G
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M2B^?F+]=(-__`#:W_P`(E^)X;3]Q;A.J(J_<WS2BG9Q*I""W=C^TZ!?CS:C4
MG=EW_9MP6G^3+@?21-;*1&E,J+1QEQ*O4?M-E\"2*H^<(/IFFNQGT=)5BTS%
MR0DFY+[1),N1YWCW\Q%H-JBZQ4O,B`?"3C3M/%7`^S0^/#@/0?(H7+,[L6$+
MM:+U(::.[340F4*71Q*UK)"'#*O,3?,>IT]0SL7!OYJD[*?H*I@Y&98P>GOV
MEUNB*[96EPFW$&1H6DEI-*N=)I4FI*2KM(RU&"U1T?,SER(]$=3UPQE;:34X
MSD^.JT29T1],0^8ZD1TX"VY4A>78[4_^*RK57!KFIQ^-'TWCY=.Q````````
M```````````````````````````````````````?DG?I`S;^=%X_^MJ_:'ZU
M^P87Z.'O'Y*_;>K?Q%WZ3)S8MX=T\8N#=UQW/<FLUR:(TMS;?<7&)""5Q)+B
M2J1'06;^CZ7E6^ZR+%N=M]C549.+N?7\*YWV+EWX7?*I-,K_`/XMNIO^W3<C
M^D+_`/HC`^Z>V_X+'^@B3_J!O/\`F.7^LE_F/^+;J;_MTW(_I"__`*(?=/;?
M\%C_`$$/O_O/^8Y?ZR7^8_XMNIO^W3<C^D+_`/HA]T]M_P`%C_00^_\`O/\`
MF.7^LE_F>K75YU0,+\1G?C<II?#F1D+Y*IZ^4>7M';,N$L'&:^8BJ\0=Z1=5
MJ677_K)?YD5_QE=5O]X'=#^DDC_0'G[G;6_@,;Z"/?\`43>W\RR_UDO\Q_QE
M=5O]X'=#^DDC_0#[G;6_@,;Z"']1-[?S++_62_S/-WK$ZJ'T>&]O[N:ZBM>1
M>1OFFOJY15;/VO%U6!C)_,11^(>]6J/4LNG_`%DO\R!=ZL>I=]"FGM\-Q'6U
M4YD+OSRDJY2HGF(T4.A<![6U-MQ=5A8Z?S4>'O\`WDU1ZCE-?]9+_,X/JPZE
MCH7Z;]Q*)(DD7T\]HDM"(O8X$0K]U-N?P6/]!%/O_O+^8Y7ZR7^9Q_Q7]2O]
MM^XGY>>_T0^ZNW/X+'^@A]_]Y?S'*_62_P`Q_P`5_4K_`&W[B?EY[_1#[J[<
M_@L?Z"'W_P!Y?S'*_62_S(.X=3W4/=H;]ON6\N?S8,E/)(BOWU];+R/L7$<I
M<R1[M[9V_:FKEO#L*:Y-01XN;ZW?=@[=S4,IP?-=Y+_,@K)U';\XW'7$L.[>
M<6F*X?,MB'>GFVU*+@HTF2BJ0]W]N:%DRZ[^)8E)=KBBW8WMNO&AT6,_)C#R
M*<O\R<_\5_4K_;?N)^7GO]$6?NKMS^"Q_H(O_?\`WE_,<K]9+_,?\5_4K_;?
MN)^7GO\`1#[J[<_@L?Z"'W_WE_,<K]9+_,Y+JPZEBX;X;BEZK^__`*(?=7;G
M\%C_`$$5^_\`O+^8Y7ZR7^9U_P"*WJ4YN?\`3=N'ST(N8K\\1T(Z\23WA]U=
MN?P6/]!%/O\`;QY_:.57_K)?YG#O59U)OE1[>W<1TBX$N_OJ^5(+:NW(\L+'
M7_`0>_MXOGJ.5^LE_F=6^JKJ19(TM;V;A((SJ9)OSQ$9]_S15[5VX^>%C_00
M6_=XKEJ.5^LE_F>G_%?U*_VW[B?EY[_1%/NKMS^"Q_H(??\`WE_,<K]9+_,\
M)/5-U&S([L65O3N#(C/MJ:>9=OKRFW6UE12%IY=4J(]1ZCM?;L)*4</'4E_H
M126_-X3BXRU'*<7_`-)+_,I^Q;];TXNZ\]CNY^8V9V01D^Y;[N\PITE'51+-
M):D9B_?T'1LI)9&-9FERK%,Q<?>&Y\1N6-G9$&^=)R7^)4ZNJ_J653FWPW%5
M0C(JY`^="/0R+V>!D,7[J;;_`(+'^@C+^_V\GSU'*_62_P`RW,O='<:=)?FS
M,TR"3+DN*>D2'IRUNO.K^<XXHRJI2JZF)*&EZ=;BH0LVU!<E0B[FY-=NS=RY
ME7G-NK;DZOX3P_2/GO\`.V^?_7%?M#U]G8'Z*'O'C[P:U_$W?I,Z_I%SNM3R
MR]GK768H]?B[P^SL']%#WBGV_K/\3=^DSG](V>4I^=M[IW>^*I\@?9V!^BA[
MQ7[P:U2GM-VGSF3"U;M[FV.XQ+O9\YR.VW2"\B1#G1)ZVY,9]LZMNM+Y3Y5H
M/@8MWM)TR_;=F]8MRM25&FN#1<L[FU['NJ_8RKT;L75-2=47M/KOZS#K7J8W
M>.I$1_\`VJD:D14(OF=P@_N)L[^6XGZM$[_4O??\TS/UL_\`,DB^LKJL<4I:
M^H'<]2U&:E*/)'S-2C.IF9\G$S&0MG;62HL#&I\Q%K^HF]FZO4\NO_62_P`S
MH?6-U5&1D>_^YQD>AE^<;^I?]@5^Y^U_X#&^@A_43>W\RR_UDO\`,I;(.H[?
MG*G6'LDW:S>]O17$.QW;A>''ULNMJ)2%MJ-)&2D**I=PR<?;FA8J<<;$LP3Y
MTBD8F1O;=>6T\C/R9M.JK.3_`,2IF>L+JFCMMLL[^;FMM-(2VVA.1R.5"$ER
MI254GHDM"&.]H;7DVW@XU7_H1E+Q#WK%=*U++HO^DE_F3*!UF=5_OUO(NH/=
M%/+<(*T\N2R"-*VY32T+29)T4A9$9'V&0M7-F[5Z)?[!C>J_R%Y"]8\0]ZRO
M0B]3RZ=2_P"<EY?=-FJ_,`ZXB4HBZLM]2(E'0OS[N7>8YFO#_8U/_I.!^JB=
MK>]MWU_^IYGZQG'ZP#KC_O9;Z_T[N0?T_P!C?RG`_51'WVWA_,\S]8Q^L`ZX
M_P"]EOK_`$[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<
M#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC
M_O9;Z_T[N0?T_P!C?RG`_51'WVWA_,\S]8Q^L`ZX_P"]EOK_`$[N0?T_V-_*
M<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#K
MC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_P!C?RG`
M_51'WVWA_,\S]8Q^L`ZX_P"]EOK_`$[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#
MKC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<#
M]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_P!C?RG`_51'WVWA_,\S]8Q^L`ZX
M_P"]EOK_`$[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<
M#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC
M_O9;Z_T[N0?T_P!C?RG`_51'WVWA_,\S]8Q^L`ZX_P"]EOK_`$[N0?T_V-_*
M<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#K
MC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_P!C?RG`
M_51'WVWA_,\S]8Q^L`ZX_P"]EOK_`$[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#
MKC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<#
M]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_P!C?RG`_51'WVWA_,\S]8Q^L`ZX
M_P"]EOK_`$[N0?T_V-_*<#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<
M#]5$??;>'\SS/UC'ZP#KC_O9;Z_T[N0?T_V-_*<#]5$??;>'\SS/UC-%([H?
M+8````````````````````````````````````````````````````````$7
M`^_X'X;$_&&QXN?5R^:_B+V-^\0^<OC-B*_GK^V5\ICGJY'=WS.@%```````
M``````````````````````````````````````#7,.BG`P``````````````
M``````````````````````````````````````````(N!]_P/PV)^,-CQ<^K
ME\U_$7L;]XA\Y?&;$5_/7]LKY3'/5R.[OF=`*```````````````````````
M``````````````````````&N8=%.!@``````````````````````````````
M``````````````````````````1<#[_@?AL3\8;'BY]7+YK^(O8W[Q#YR^,V
M(K^>O[97RF.>KD=W?,Z`4```````````````````````````````````````
M``````-<PZ*<#```#U\!\RJ3#YD95(R9=,C+C4C)-#(R%.J/E1ZZ)<Z'@E25
M%5*B41&9&:3(Z&6AD=.!D8J4<7'A)-,]%(6FAJ0M)**J34E2247>DU$7,7I(
M4JGR*--<SE3;B")2VW$)53E4MM:4JJ52Y5*21'4M?4%4^315Q:57R.@J4.ZV
MW&Z>(VXW6M/$;6BM.-.8BK0433Y,JXN/,F=FL%^R24J!CEBO>0SD(\5R%8;3
M<+S,;:,Z$ZN+;8TI]#=?KC21"U?R<?&AUY-R%N'EE)17OMHR,?#RLN71BVYW
M)^2*;(*9#F6Z7(@7&'+M\^(X;4N#/C/PIL5TB(S:DQ)+;4B.X1'7E6DCH/<+
MD+L%<MR4K;Y---/W&N#+5VU=L3=N]%QN)\4^!%6BRWK()A6['[-=[]<30;A6
M^R6R==YQMD=#<]SMS$F1X9']=RT'B]?L8\.\R)PMV_+)J*]]M(]X^+DY<^[Q
MH2G/R1560LR',MTM^!<8<NWSXJ_#E09\9^%-C.4KR2(DEMJ0PNG8I)&/<+D+
ML%<MR4K;Y-.J?N-<#Q=M7;$W;O1<9IT:?!ID,/9;(^UVJZWR:W;+):[G>KD\
MDU,VZSV^7=+@ZE.BE-0H#,B2XE-=3))D0M7;UG'@[M^<86US<FDO??`O6,:_
MDS5O'A*=Q\DE5GG/M]PM4Q^W76!.M=QC&29-ON<.3;YT8U%5)2(<MIF2R:BU
M+F252'JW<MWH*Y:E&=M\FFFG[C7`I>L7L>;MWXN-Q/BFJ,A![+0`````````
M``'))4HR2E*E*/0DI(U*,^XB(C,S%.7%A*KHN8,C29DHC2HCH:5$:5$?<9'0
MR,5#33H^9P``````````````"+@??\#\-B?C#8\7/JY?-?Q%[&_>(?.7QFQ%
M?SU_;*^4QSU<CN[YG0"@````````````````````````````````````````
M````!KF'13@8`'F[^Y._ZM?^:8'JW]9'W5\9];OF">8CU+=#.SGEM8KT]3]N
MK)9MP>B7;/)\I:R?;/&<ODSKQ;L6PVVQWVY=U8-Z,V<5Y1+0DZ+4?,9U'R/X
M?^'>V]\ZUN3*W`LB=['UJ_"'1>G;2B[EQM4B^/$^O]_>(FX-B:!MS'T+N(VK
M^BX\Y]5JW-N2MQ7.46^27*AACYGK&$]2WER]$GF,S=J\'VEW_P!T\VR_:?=1
M.W]C1C-CW)C67\_(\/,#M3:E>\+;F[?*?CON*=?;9N:XZGG6FF#3NGAC+.VU
MXBZWX=0R[^7H&+8MW['>RZY67+NF[?5V<+M&E1-P4E%-RKIGB;'!W+X>:)XA
MW,2SB:_DY-RQ>5J'1&[T2N)7''_\G@^?I]+;48TIGSJ8L6-L)Y22XT6-&7(Z
M$K`Z^J/'984^[^;6V-7'E-(0;KAF9F:E5,S,SXF8R?!><Y:_NY2;:6N3I5MT
M].]R,?QBA".@;0<4DWHUBM%2OH6^9N:Z\<;QOJ"\N^[=,$&PV[])FTGE[]+W
M7#MV]"@,(NEQBX:]D&.[D,I4V@G7CC8M8_`(DE4UW8JUT'&MB9.3M_Q#CNB=
MR7V9E[AS=,NIM]*=SHG9\W&<J^Y;.P;XQ\7<'A[+:\806I8FW<+4K345U.,.
MNW?\[I;C14[;B/F3\I_8>%U$]??3SB%[8C/83BF4+WAW!=G$D[6SA>TL5S-I
MB;JM?W)%MNMTMD.`X:Z(,IE#T,?3?BQKT]N[!U#+L-K-NVO9[5/6=R^^Z73_
M`*HJ4IJGR3YD\)-OQW!O[`Q<A?['9N]_=;Y*%A.XU+_3+IZ'\XVM^?UN[:-^
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M<)79RN*,E%.<9+IC64>*JHJ%&O2ZJ'WRW"E^9)Y.N?\`5WOKCV)O]572'OKC
MFW[V\6/XY:L9O6Y&`91+P:`JUY0S9F(D*0IMK<!MPVD-(8:DVM#S"&CD2$KS
MM#TZ'AOXQ8^T="N75M;5\&=WV><Y3C9NP5U]4.IMKZIJK=6IM2;Z8TP-=U)^
M)7@[D;NURU:^\^DYT+7?QC&$KUN?=1I/I27!W:T2271Z-.N=?G"'T@?,Y].,
M?<S<_P`NSR<^D??KHDL-@L>;]1^691,ZENI!G"[%F>2XW,CW*]0,:PF1-OUM
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MI=,J<4^3C)-QDJIKJBVJIJM4S(#!/+,Z[=S-CO\`B-P;IPS6_P"TCMLDWRV7
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M'!/TNGTJKG+MXT+<[XVKJ`W@ZM-T+'GNW\Q[J9SO>+(+1EVV>$V)+TS]*<V\
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MXI/BZ&`(Z`<[````````````BX'W_`_#8GXPV/%SZN7S7\1>QOWB'SE\9L17
M\]?VROE,<]7([N^9T`H`````````````````````````````````````````
M````:YAT4X&`!YO?N3O^K7_FF![M_61]U?&?71YA/5AL/TZ[/>6E:-V^AG9?
MJQNN0=$6V-WLF2;I7J=;9F)0X.+X7&>L=OBQL?O+,JWSY*B?<YU)JI-.4R,?
M(GA]M/7=QZSN6[I.N9FDVK>MWXRA9BFKC<[CZFW*+32X*A]A;]W?H>V=!VW;
MU;1<35+ES1<9QE=DTX)6XKI22::KQX^5_AT(]<_F&[M=<CV`V7),5P+:39[9
MZU2K3M+L?M3:EV?!L,CRHL6'(F<CBB<N5U7!@M1T+)N/&C1T&B/'9)QTW.^;
M&\/-)V/'(OX]V_EZSF24K^3?EU7;C3;2\T:MNG&3;K*3HJ?/^^/$;5M\W<;'
MO6K&)HV(NFQC68]%NVG2KI5UEP2KP222C&-77/;SK_\`^@7E&?\`Y#[!_P##
M6V(T'P6_^O[N_P#'9_\`'O'0_&3_`.@;/_\`!K'_`!+9LMW,WNMNR7F7>47^
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M_9<I<WBWG_\`>QR:^?>I+]]\NV8R?B19709MTJ/(21FT\GWPW:MKX*HV^A1]
MQ*+O'CP$739W%!^NM>O57X%_D>/'U]7W?G'U'H>/1]C]<TDW+9C=R!M);]\I
MVVN:Q-FK]?96(67=*1C]P:P6ZY2PFY)>QZ!D:V2MLJ[M':)1*82LUE[NYI[!
MT[;#6M(N:K/0K>38>LV[:N2L*:[V,'2DW"O4H^E'C2G%>4XBM"UBUIMK7KF-
M>CHUR\H1O.$E;E-5?2ITZ6Z1EP3KP?D-W'GEF3N!^53*:^Z1G^@_#?!?21FT
M[2SX(LR0OYJC2AU)F7$B47>.(^!O#4=U1?K+7;M5_P`*X=O\<W71]K27JO1+
M%'_P(GGTRJ2Q_A]/,/<>/PFY/4]M?&C+61I2_(*[]/AFRTJE%N$2B,R+@7$5
MW-Q_N"V\EQ:TN^WYETY?$\;8:C_;WN!RX)ZI87X>O$X&@3AJ?8/H`^>C;GTL
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MU5JXU52@^Q<8^BN#4X-1MTE`A^O&[W=/E*>3B\F[W5+LZV]5*)SI7*:3LU!9
MS8D$B8X3_/+2E!FDB<-1$DS(M#'K85FR_%G>"<(TC+!IP7#\U+EPX?@//B!?
MO+PGVE)2EU2CGUX\_P`_;Y_^W`K?K2W@W+P3R</*5P#"LTR/$L:W#MN^=US6
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MQCFRF.^1KLY:-B-],JZB\`Q+KRGP<9W"S+;B\;6W6Q2)N`YW.O6*67&+W<[M
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M2[N$^-KJE%]2KZ:2=*HQ/\SG<SIXSSI;\N39W!NI[`NIO=[I^LV?[6[H9_A<
M7*8Z_P`R[A)Q(L,5+7EENAW142!;[84=DG%N+)QEQ6A*UVSPPTW<&#NC<>KY
MNF7]-TG4)V;UFU<<'^<2N=Y3NY-5E)U=*<&O(:GXIY^@Y>V-NZ9AZA:S]3P8
M7[4[L(W$N[ZK;M?61C50BNE>X^"3*U\\_<G/MK?,.VHQC;W*+_B6/]..RFP3
M6R5OQ^YS[5!Q(H3<BYMW"Q1H3S#,:7(E16F'74));K$5ME1FAM*2P_`S3-/U
M7P]R\G4;5N]D:CFY3R7)*3N5?323?%JG%)\$Y-KBV7_'/5-0T??V'CZ;=G:L
M:?AXZQU%M*"C%-."7!.KI5<6HQ7Y*IDQUER79G^(\Z7Y;Z/#?E9ATA27FZ&7
MANOVF(ZXBAT,N5:C*@UG9L5#^W/5(1]56<]>\Y&T[QDY_P!PVF3DJ2=_!?OJ
MR>'0M:(,G_$`=<&3O18TN\[=7/K5S;$DR6DO^#DK.4HQYB1';42JR$VO(9;9
M&6O(XJG$>]\W9Q\`=#QDVK.3'3K5RCI6#AUM/S=4(OW4BUL:U;EX]ZYDRBG?
MQYZC=MUXTFKDX</^#.1I$V!Z\.H#8>=U*3[-+MVXB^J[;K+]OMY8>YB<CRB'
M>8^9.3%7/+4QHE^MA?G?#1<I3<:9)]X;::E.H-M25$1=NU[8>W]=MZ;"]&6/
M]E9-N[CNST0<7;ITVZN,OS;I%N*HVXIUX'#-#\0-Q:)/4G:E#)6J8URSD*\I
M34E<5'<X3C^<7'IE+JIU2X.K,*DIY4I21F9)222,SJ9T*E3/M,QNQHLGU2;\
MK.P%``````````"+@??\#\-B?C#8\7/JY?-?Q%[&_>(?.7QFQ%?SU_;*^4QS
MU<CN[YG0"@````````````````````````````````````````````!KF'13
M@8`'5:34A:2XJ2I)5X5,C("L7TR4GV,V<>8KUI;:=7F+]%-DV\Q_-;'*Z;NF
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M\N!U\Q3K6P?JORKI-RC:.V9OB<[I[Z8=L-GKI+RN):;?+7G>`W.XW,[[CJK-
M>;R3MH1(DM+CNO&P^:T'5I-"J\.]DYVU,75L75Y6+L-0U._D14')KNKJBNF?
M5&/I43JE5>=GGQ"WS@;IRM(R=)CD6I:?IF/CR<^E-W+3FW*#C*7H^DNENC\J
M1D'YJGFF85UZ;9[`X'MO@>1[?KQRX3MSM_57FWV*V0<WWMF89C6%QKS:"L=V
MN:[K;[-:X-P9:ES$QY+C#[*3;3X="U_PK\+,W86IY^?J61;R%<BK.+TN;=K&
M5R=QQEU1CTN4G!N,:Q33=74G_%7Q5P=^:5@:?IN/<QY0;O975&"5S)=N%OKC
MTRDVHQC**E)*3C)*BI0Q_P"LCK/VSZB.D#R^>GW#\?S6UY=TG;?9=B6X-SR.
M%9H^/7R??X6%1HKV)2+?>;A/EQ&UXV^;BI<>(HDK11)^U2?V;LO4]N[OW!N#
M,N6)XFJY%NY:C!R<XJ#N5[Q.*2?IJG2Y=O$@=Z[WTS<>T]`T+!MWX9>E8]R%
MV4U%1DY]U1P<92;2Z'7J4>:X<S*"T=:'0-U>=+W3QL;YAMKZA\%W5Z5<<<P#
M;??'8*'C&0%ENVZ6;=#@6#*[5D#<QUB7"M=EA,&7N;Z3?C>\M2&O'?CGJ][9
M>_MH;HU#7/#V>GW]*U6YWM[&RG./=WN+<X2A2J<I2?K+@^EQ?3&1M>/O78&\
M=K:?H7B!'/L:GI=ONK61C=W+KLJBC":N/G&,8Q7"3X.2E'JE$M/Y@G7?L'NM
ML#L!T0]&&`9SA'2ST_W.X985ZW/=M_Y^[DYY<&KPTJ_7:%;)4UB*TT]DMUE/
M.N.)<ERK@?+'BLQVFU2_A]L/7]*U_/WOO/(L7]T:A"-OILU[JS:73Z$7))OU
M(12IZ*AZTW)LAO$3?VW]4T#`V1LS'O6=LX$Y7.J]T]Y=NRZJS:@W%>O<?/BY
MOT8*,47*P[K7Z&>J3I-V'Z9?,1Q[?O$\UZ6+?.Q?9G?WI_9QN]SKA@$MN!%8
MQ;,;%D92#2<*UVF#%^YQ92'?<&7T.QUJ?0[&9FRM];6W9G[F\/+F!>PM4DIY
M&+E=<4KJJW.W*'E<I2XRC3K::DE%J5P=[;%W9M+!VSXA6\VSFZ9&4,?)Q>[;
M[I]-(3C<X*BC&*HI.D$ZQK)2M_U>]</3*CI#Q'R_>@W"-T;%L3#W#_2ONMN?
MO0_9VMQ-VLT90V<!MRT6%YV!`M,:4Q&=6XHHZE)MT-EN,TEIQ;TAM#8^YGN^
M[X@;\OXL]<>/W%BSC]7=6+=>/I3XN33:IQ]>;<G5*,?O+?>V([1M;`V'9R8:
M*K_?7[V1T=[?N4258PK%17#CP;Z(>BNEN>GL=B.*F]G#.MSH%ZH^D78+IE\Q
M'%=^\3SCI7M<O%-HM].G]K'KM+N6"OM0H;&/Y':K[[R<=;=IM$",\V<&8VZN
M`U):?CK6ZTK@^;LC?VUMW9^YO#R[@7L'5)JYD8V5UQ2NJK<X2A2OI2G)/JBU
MUN+C))-?0&!OC8&Z]HX&V?$*UFV<[3(.W8R<7NVW:?32$E<X*BC&/",J]":E
M&LD[7]8O71TQ2>D;$/+^Z#MN=R\7V#M>XWZ5]Q]R=Z)MK7N-NEF339^Y^+:[
M+(DP(%O1))EUYU7NYK3`B,M16&VG#=E-G;%W/'=U[?\`OS)QKNO2Q^XLV<=2
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MN'<;%=6V[=N!D6297)=;MT"`JW0+:Q&CID+4VI1XFV-C;NPO$.[OG<63AWI9
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MNBCTQ'FE;SX_L#Y[FW>^V:6^ZW''=I5=,F>95:,:8B/WQZ%8<>C7*?`M42XS
MH$0[@II1>$V_(92=2YED1U%/"W1<C7_`O)T+"E".1EK-M0E-M1K*<HIR:3=*
M\VD_<*>*>N8VWO'#&US.C.6/BRQ+DXPIU4A"U)I*32K1<$VO=,#=LO,5B;(^
M:+N'UY8+A]VO^`YYN[NW?[MM]?G8-JR&\;7;L7*YKN%DENQI%SM<+);?%F,2
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M-=:AT2E*4EPZ>KETIMUZE/14E)(2E">"4DDNW1)4+7MT(=V.`R;E)R?-L[`4
M``````````(N!]_P/PV)^,-CQ<^KE\U_$7L;]XA\Y?&;$5_/7]LKY3'/5R.[
MOF=`*`````````````````````````````````````````````&N8=%.!@``
M!%P;?<+H^<6UP)USE)0;BHUMAR9\A+9<7%,1&GG4ME]D94'BY=MVH]5V48Q\
MK:2^$NVK%Z\^FU%R?F7D(9QMQEUUAYMQE]E9MO,/(4T\RX7%#K3A)<:67<HB
M,>DU)=476+/$H3@Z333.E2,S(C*I<2[2%3S1TKV'(`&="J?`M3`<S@C(RJ1U
M(^T@#5.#YG(``#BI$9$9E4^!=IT[@%'2O8<@#VC1I,V0U#A1I$V6^9DS$AL.
MRI3QD53)J.PAQYPR+CRI,>93A"+G-J,%VMT7OL]V[5R[)1MIN3=.!S+BRX$A
M<.?%E0)C9$;D2;'>B2FR/@;D>0AMY!'Z4D*0G"Y'KMM2@^U.J]]%;EF[:?3=
MBXM>4\![+8``````````,B,J'J1Z&1\#(!RXHV>[7^;]UL;6[>;?;:QLBVOS
M^T;11H\+:.^;N;/X5N1FFV,.$TQ'MT?#\KOL)5RAHM4>*RU%4\<AQAEEMI*O
M#;0A/+]4\']E:IJ.1J4K>5CW<QMY$;&1=LV[S=6W<A!]+ZFVY4HFVV^+;.K:
M5XR;RTO3L?3>K&R+>(DL>5ZQ:NW+*227=SG!R5*)*K=$DE1))8%;O;O[E;][
MDY9N]N_EUSSK<;.+BFYY-D]V]W1*GR&HS$&(RU&AL18%OM]NM\5J-%BQFFH\
M:.TAMM"4)(AONCZ/IN@:;:TC1[,;&G6(],(1K1*K;XMMMMMN4FVVVVVVSGNM
M:UJ>X=3NZOK%V5_4;TJSG*E6Z)+@DDDDDDDDDDDDDDBVXDR+````````````
M```(N!]_P/PV)^,-CQ<^KE\U_$7L;]XA\Y?&;$5_/7]LKY3'/5R.[OF=`*``
M```````````````````````````````````````````&N8=%.!@`='#42%F@
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MMRK&2[F=)1E%_"GP?G+6SM-R]-\1=+TW5+,K67;U7&C.W<BTT^_A52C)?`UR
M,]>OGRU^MS=WJ^ZS=Y=G.EO<+)MH8V^&<G9[W8;79K<S>(-J<9C3'L,QB7<;
M=D.50(TJ,ZUXEJ@RFEO-K0@U+2HBT'8/B5LG1]H:-HVLZICVM7>%:ZHRE)]+
MDJKO)I.$&TTZ7)1=&F^#.A>(/AGO76MW:MK.BZ9?N:0LR]248I549.O1!M3F
MNQ.W&2JFJU-+V&X%F^XF9V/;G`\1R++\^R:[HL%@PVP6F9<<DNMZ6M:/HR):
M6&E2U2FC:6;J32DF4H6IPTI0HR[3FZA@Z=A3U+/O6[.!:AURN3DE",?*Y/A3
MR>6J2YG$,+3-0U'/AI>#9N7=0N3Z8VXQ<I.7D44FS+O>_P`L_KNZ<=OY.ZF\
MW39F^(;>V\HIWG*&IN*Y/!QQ,UUAB*YE#6(9#?YF-,.ORFF_%G-,-)<=0DU$
MI1$>H:'XF[$W'J"TK1M2L7M0E7IA2<'.E6^CO(14W1-TBVZ)ODC<=;\+M^;<
MT^6JZQIUZU@1IU33A-1KP3EW<I."JTO34>+2YNAF-T/VNV2_*/\`.#N4JVP)
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M:J9DB9"L=EWUNW2[!?\`W,V2FMV;*+'/NV-7&1!]X;-]IJ6IUA+B5.)2E1&=
MO;N\-L[LLSO[=S+.5"W3K4:J4:\NJ$E&:3HZ-QHZ.G)EW<>R]T;2NPL[AP[N
M-.XO1<J.,J<U&<6X2:JJJ,G2JKS11>]>P>\G3EE\7`M\MO+_`+:9A-Q^VY7"
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M3NA#Q"!9W+_<.5..2LJMUF98<E/7"?M]#O\`(SZ&TQ'96MQ#EL2ZVE"C4@N4
MZ:G8\6?#G)U%:79U;%>7*?0O74'*M$E=<5:=7RI.CKP-LO\`A%XC8VGO5+VE
M9*Q(V^M^JYJ-*U=I2=U47.L%2CJ8D[2;&;N[\3LLMFSN`7[<.X8+A-XW'RZ)
MCS<5U^Q8-C[D1J\Y+,1)DQN:WP'9S*5$WSNFIQ))0HS&W:OKND:#;LW=8R+>
M/;OWXV;;G6DKLZ],%1/BZ/G1<.9I^C[?UC7KEZSI%B=^YCV)WKBBN,;<*=4G
MYE5>^7LRCH`ZS,*OFR&+Y;T^9SCV4]2"KNC93%KJ=CB9+G#UA@VVYW>,S8W+
MP5RL<R%`N\9U;%S;A/<KI434C(H3%\0-F9MC.RL34+%S%TWI]IG'J<+?4Y*+
MZNGIDFXR58.2X$[D^'6],/(P<3*P+UO)U%2]GA*BE<Z5%R737JBUUQJIJ+X\
M"O\`'/*K\Q++,1R'.<?Z2]U)V.8Q<<BM-S>5'L4.Z/S\3N,VT9`S8<<G7N-D
M64HM]TMS\<G+9%EM/NM*2RIPR$?D^*OAWB9EO!R-6Q8Y-V,)159.*5Q*4.J:
MBX0K&2=)RBTGQ2)#'\)?$3+Q+F=CZ5DRQK4IQDZ).MMN,NF#:G.DDTG",DVJ
M(Q?VDZ?MZ]^9V:6O9S;7)]P[GMWB5SSO-K;CT5EZXX]B5F?;C72]3(,F1&E.
M,PI+R&U-,H<D&XHDDV9G0;1J^X=$T&W8NZQDVL>UDWHVK<INBG<DJQBFDUQ2
M;JZ*G::MI&VM<UZ=^UI&-<OW<:S*[<455QA"G5*G-TJN7E,E\P\K7S#L#Q?&
M<PR?I%W@AV7+KI8K)940;-!OU\*[Y/-C6VP6Z\8KC]RNF4XU*N=RFM1T)N4.
M)R/N);7R+,DC6</Q3\/,_*NX>-J^&[UF,I2K)QCTP3<G&<U&$TDF_0E+@FUP
M-HR_"?Q$P<:WEY.E92LW91C&D>J75-I14H1;G!MM*DXQ?4U'FZ%$]0_0!UE=
M*&,6;-NH38#,]M\/OTZ-:H&3SGL?OEB1=YC#TJ':+G<L5O5]C62ZRV(SJFH\
MU4=QWPED@E&E1%G;=\0-F[LRIX.W]0LY.9"+DX+KC+I32<DIQBY13:JXU2JJ
MOBC`W'X=[SVGB1SMP8%['PYRZ5-],HU:;2;A*2BVDVE*DG1\.#)/TX=$'5AU
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M(CMKOU:L7KG2^\?1U<XJ*JU&3X17+S&L\=-.6@````$7`^_X'X;$_&&QXN?5
MR^:_B+V-^\0^<OC-B*_GK^V5\ICGJY'=WS.@%```````````````````````
M``````````````````````#7,.BG`P`.CAD2%&>A$DS,^XBU,_@(4/4%622Y
MU/I&\\[)<&P_S!>CS--R]OT;L[:V;I7V5O65[=+O<S&H^X&-1<VW(7<,=1DE
MO;=EVENY-'R>\LI4MOB1#YN\#,7/S/#[6,+3,CV34IZKDQA>Z5-VINU9I/H=
M%+I?&CYGTKXY9>!@^(&D9NIX_M>G0TK%E.UUNVKD%=O-QZXIN/4JJJXJI0W5
M_MST/[G>4[BG6KTW](%JZ8LVO'51`VC?BQ]RLTW$F_0%KM68JN:#GWV9'MAL
M7>5`CN<I04NM&R1$X9&=<[9^I;WTSQ8N[+W'J\M3PH:6[Z;LVK*ZW*VEP@G+
MT4VO6HZ\C&WEIFR=4\*+6\MO:3'3LR>I*S3O[MY]*M7)/C-I<6H_D55.?$MS
MUKQTS/*"\FZ(M?A(EW;JBBK<K3PT2-QVV5N5[.1*S.O902&R9='B]O&2XM0P
M7_\`X2.WJJ^$>T56GIY__P"H15/GW;@YYMYUK;:[98-E^2X=A73[TZ;*P]H+
M/B][N=BM^(NLP;C+3>[&Q;),5B)=O$@QV?>FR)WP83+?-RMDDL7P%T_`U'96
M5J>=9MWL[4-0R7D2G&,G<JTNF3:=8\6^E\*RDZ<69GCMJ&?IN]<+2\&[<LX.
M#A8\+$82<5!*/K0I3IEQIU1HZ1BJ^BJ9-=>T)JX>;UY4.Y\MF.WF&\N!=#6=
M[@/L,H8=N.5*W1D6EVXS4(2@SE*MT%A@C4529CMIX((AK6P9NWX1;KTR#?L>
M'?U.U:3=:6^XZDEYJR;]UM]IL._(*[XM[4U.=/:\RQI=V[14K<=_I<GY^F,5
M[D4BR^['4-O`Q_B((%W1GF5(^A.LG;C9:W6QJ_71JU1]LI=UQG!+AB#5M1(*
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MW_\`W_\`8HT#8O#PDW>ERK@?_J9&D8=P.!GT#^9V_%3Y:GDC3WHQ7*VQMI,T
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MTZ3MWLW6U;O2BVI."L.2@VN/3U04J<N+\KKY8I=[UNO_`(???1C<"Z3LE+8+
MK5P5.U4R^RY%RFXW;\FMN"PKM8;-,FN//1K699W=%ICMJ)M!RG*$14(O679L
M:3_<!@O3XQM?:&BW>_4513<)7'&4DN<OS4%5\?113`R<C5O`'.EJ$W=EI^L6
M^X<N+MJ4+<7&/D7YR4J>6396/5_@E\Z^NE+R>MZ\9\2Z;B9M+8\O[<><TV;T
MEK,\=R2':,+EW)Q-5'(FV^#>+LLU?^KE<W`S&%M#.L[!W5O#1<JD=/LIZK97
M)=W.#E=4?,F[=M>>-#-W=I]W?FU=H:WBNN?=:TRY)JLN\MS4;'5YY1Z[C\SK
MY3(;(\MPO?'_`!#G35LU;&F)>T?25<<9V$V]M#_ANP(<KI]VQRK+74H9_<3?
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M5=8\4M+O:ID7LB[[;6MR<INKDJNLF^=%7RT1F3L7OANSD/\`B%RNUQW`RQQV
MX=86[6V4B(5^N?T;^CNSR,XQ6UX2FW*DG"_-J!8[7'::B\GA(6TETB)TN<:=
MKVAZ3C?V]]U:Q[5(Z/8O5Z57OI*W<E<K2O6Y-MRK5U:Y<#;]OZ]J^5_<%*=Z
M_<?_`,UOV:=3IW4;ERW&W3Y*@E%+DJ+M2+L^7+=)^!>8%YSM\PZ0K'[KANP7
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M+_VDQ[JAVHZI-^.GAC=/`L\S/;>[WF\N'@EV3$F8>B9,R*#"O:[?;;=9[?";
M]X*I/,K-.AF9[5X78&MV-[[@U:_IF5I>A:AW%VW;O1C'\[%-7&E!N-92E*3I
MV-5-9\3LS1[VSMO:;;U'&U'6\&=ZW.Y:<VG;E.#MJLXQ;4(*,5PX4=%0JWSY
M]W]S;=U!]+N)V?.,HL-@V]Z/=E,QQ*W6&^W2SL6C,+XYD2[CE<9%OE1R;R%U
MJQ064RR^[(9B-H2HB*@QO`C1],N;>U7,O6+5S(R-7R;=QRC&75;CT4@ZIU@N
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MY/FZ5?X3FWC3DY$_$75,><Y.Q'(JHM\%Z*Y(UC#J!RD`````BX'W_`_#8GXP
MV/%SZN7S7\1>QOWB'SE\9L17\]?VROE,<]7([N^9T`H`````````````````
M````````````````````````````:YAT4X&`!U4DEI4A152I)I47>2BH9?$8
M%8MQDI+FF;[;]U@>7EUY[&]/6,=?-PZA-E.HGIOP")M3!WBV7QZRYKCNZ&!V
MI#+=K3D%IGQ+I/@WE)14OK3[JVEJ<_)<1(6U(\!G@5C9_B'L+7=0RMA1T_-V
M]J60[[Q\B4K<[-V7K=$DTG'C1<6W%13BG'JE]"W-X>'6_M!T_$WY+.P]?T['
MC85^Q&$XWK4>$5-2])27-T274Y2JU+IC;SK`ZS.BE/0=A7E\]%]BW\R+$L;W
MIC[TWK=O?`L8L\NY7GW'(HUS@VVQ61*)+C-P?OB%-\\:WHBML\O*\I1K*1V=
MLS>KWY>\0=YSP+>7=PGCQL8W7)1C6#3E*?"JZ76CGU-\XI4(W>>]ME1V)9\/
M]G0SKN-:S%?E?R.[3D^B<&HQM]CZES4*4Y2;;,<^I+JTVRW=Z`^@;I?QB!F$
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MW_\`,6Q7?_S+MD>KJ5AM_P`,V.V*S;8VW81@D9,"YY;:MHMG<JBW];2HZ)S%
MI<R6\O.SI*8J97@,&\W']X<)OQE;%M_PZR]O^&F=M&-ZW>US.L93N7756Y9&
M1;<*UHY=$?1C7IJZ.72J]*UK</B1A;@\2\'=CLW+.B8-_&5NVJ.Y&QCW(SIS
M4>M^G*G51.73U-+J>8\SK9\I;*^N/(O,0R3&>K6U;F8YGIY]B>R%NL&!S,"W
M#S7%X+$'!,_G7Y5X3<\1E3#@1)ESM+TAUABZLJ>;?D,+..>F0V3XLXFR+?AY
MC7=)GIEW'[JYDN5U7;5N;;NVE'IZ;B591A<23<'1QC)=1N\]\>$N9O2[XA95
MK5(ZG:R.\ACI67;NSA3NKCEUUA5J,YP]*DZM3E%]!AETE^9%;=L_,)W<ZO-]
M\,NF1X/U*1MX<7WCQ;#'F';W9<.W>G1K@;.*G<)-L:N"\57:H,=+;C\9<B(T
MOE6APTC=-V^&UW4O#W$VCH5Z%O.TUX\\>=Q/IE<QTU6=%)KK4I.J3I)K@T:/
MM+Q+L:=XA9>[->LSN8.I1R+=^%M^E&WD/J:A5Q3Z6HI5:]%4JGQ,G>G_`*P?
M*\Z+\<ZL-O-B8O53N0WU+=/.Y.V?Z5]Q,5PF!<L1E7NUR[3@VW]EQ:VWFSJ<
MQ\E7N5-O]]DJ4^^_#A-QHG(3JAJ^O;.\4-YY.DZCKKTO&>F:C9O=Q:G=:N*,
ME*Y=E.49>EZ,8VK:X)2FY3K0VS1MZ>&&SL?5M.T..I9'VGIU^T[]V-I.$IQZ
M;=N,(S7HOJ<KLVZUA!0MI=3>#'3/U9[9[/\`0/U^],656_+I&X?5"C8\MNYM
MFM=OEXM!/;C)W[S?_P`Z;E)O$*=;2>BN$4;P(DOQ%Z*Y"U&];EVEJ>K[]T#<
MV+*RM/TOVGOE*34WWUM1AT)1:?'UJRC1<JFB;:WCI6D;%U_;>3&\\_4GC=TX
MJ+@NYO2G+K;FFN#X=,95?.G,URCI!RXW8;)]9?1EOIT3;==#?F"0MY,/;V`R
MN]9#T_\`4!LG;;1D=VL=ER&1/DW#$,KQZYM2GGHC2KJ\R2FHTMN1%:BE_LSL
M4G'N(ZYLS>>@[VR-\>'[P[SS[4896+DN4(RE!)*Y;G&G'T4^+C23EZRG2/=]
M!WKLS<&RL?8_B`LNU[#=E/&RK"A)QC-N4K=R,N:;;]5-M**]'HK*KLRZO?+I
MZ<>AKJ7Z/.C3_B:WAR;JD/&CS+<[>&VXIA^-V%S%KE`DV]^TVB"Q!NKC:8<9
MUOW8H)&XXZ2URB))(&)A;0\1=R;XTW>&\OLS#QM+Z^[LX[N7)RZXM/JDZQYT
M=>K@E11XU,W.WEX=;9V3J&T-G?:.7D:CW?7>O]W"$>[FI+I4?2Y55''MXSX)
M%B>C[K!Z;&>D#>'H#ZT;7NG#V;SG<>T;S[:;J;-P;'?,QVPW(@1+;`G^]XY?
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M8NI'IOC8G;+5=+;8-X;?@M_PR>]D+ESR"R.VJ`^TN";;K"))D;CZS1S)22XK
MQ2\,]?W=K-C4]MW[&.[N'+#S'<<HN6.[L+B4.F$NIUZJI]/**K2M)+PL\3=O
M[2T6_IFY,>_D=SEPS,3H46HY$;<[;<NJ<.E4Z$NGJ_*=*\]8>Q/4]G>R?57@
M75JVAO)\]Q3=E>ZU\B3I+L=K+)EXNLV;F=JES4(=>BHR:#=YL8WB2M37O'/R
MJY:'T[7=KX&M[4O[2?YK`NXG<1:5>[48I6Y)<*]#C%TX5I0YCH.Z\[1-W6=V
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MJWVCZG\%VQC6:QVB7>;?>=Y<Z/),4=S"))R"%&M<"-;_`&9KD=Z8MEW1"'"U
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M@9<]N9U!;B[-97@\^VVNWR,1B6S;^^V"YWQ&175Z[QKA`ENQ[6X4=#,.2EQ1
MI)2D%4RIK6T]3U'Q'T;=EB5E:9I^/D0N)R:N-W82C'HBHM-5DJUDJ>1GG1=W
MZ7I_AKJ^TK\;SU/.OXT[;2CW:5JXIRZFY*2=%PI%\>="^>TW5AT=;V]$&V71
M3UQ/;X8!*Z=L_P`JR[8C>S9.PX[F;C.-YO*G7'(<(R[%[[*C/>&FX71XVGF$
MNDM#<7VF386F1`ZOM/>.B;WRMZ['6%D0U''A;R<;)E.WZ=I*,+EN<4UZL4FG
M3G+GU+IV'1-W[-US9.-LO?'MEB6GW[D\?(L1A/T+CZIV[D9RB^,VVG%]D5P4
M7UV;Z_\`J7Z6]U\*Z?NG[HZVBN>$[1=/6*WFV/[G;@V#%;5O'O/E-^:@-S+_
M`)O*QM+ZW(4)4-UUA+TA2E/S73)F.VVRV4UL#;.Z=*S-0U_>.9&_J^H78M6;
M4[DL?'A&M(VU.G%U2=%RBO2DVV0N_=U[4U&QIVA[0PW9TG3X-2O7(6XY&1.3
MBY2N.WPHNFL?2_+DJ1224O\`,_ZL-L^LK>O;G</:B!EUNL6)]-FU>T=S9S6U
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M,=9R[JE>MWHVE:@NBCZ'"<I.74DZ/A1RX\HK5D.JG)0````"+@??\#\-B?C#
M8\7/JY?-?Q%[&_>(?.7QFQ%?SU_;*^4QSU<CN[YG0"@`````````````````
M```````````````````````````!KF'13@8```>'O4;_`.D,?OS?^D!=[B_\
MB7O,]4+0X7,VM*TUIS(42BJ7$JD9E4@+<HR@Z333\_`[`4`````.I+0I2D$M
M)K13F22B-2:\.9)'4J@5<9)*33Z7R?E.P%#A2DI(U*,DI(JFI1D1$7>9GH1`
M52<G1<6P2B41*29*2HJDHC(R,N\C+0R`HTTZ/@T<@```````````````````
M````````````````"+@??\#\-B?C#8\7/JY?-?Q%[&_>(?.7QFQ%?SU_;*^4
MQSU<CN[YG0"@````````````````````````````````````````````!KF'
M13@8`'D_HR\9:&33E#_ZA@>[7UL?G+XSZYO-.Z^\UZ$]WMDMIME^G_I&N6-9
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MD)L+T==4O5%%O\_I\V(W$W8MF+NHC9!>,6LQ+LEKFN1_>V[8_>[@_`M*KN[%
MHXF&AY<I2%)43=%),_6O[RVMM>5NWN#.Q\6[=581G+TI*M.I159=->'53IKV
MGC;VR=T[JA<NZ!A7\FU:=)2A%N*=*TZO5ZJ<>FO4^Q&RSKZVP5MIY6OE6V_(
MMO$X#N<SD/598MQ(MVQ1O&<X*[X_N&J$5JS!,F##O;DRTT-M+<OF-M-.72@Y
MGL'5/M/Q2W3<Q\CVC3';P967&YUVNF=FO5;HW&DN=8\SJ'B#I:TWPNVS;OXZ
ML:DKF?&[6WT7.J&0E2=4I5CR2ER1I`'<C@QG9Y85JM=]\PWHZLU[MEOO-HN6
M^F(Q+C:KM"C7*VW"(ZJ43D:;`F-/193"RXH<0I)]PT/Q0NW;'A[K%ZQ*4+T<
M&XU*+:DG3FFJ-/W#H/A59LY'B#I5F_",[,LRVG&24DTYK@TZIE9]<FS.9[F>
M9[U7;.[%[<7'*\HG[_;EP\0V[P"QM*F/0[*4FZS(MDL=O;88;CVVTP'GUH;2
ME*&FE*IH8PMC:UAZ9X8:5K&NY,;6+'`LNY=NRX5E2*<I2[7)I<7Q;1G;\T/,
MU7Q.U+1M"QW<R99U]6[5J'&D93DU&,5V1BWP7!(M3;/+RZY;SMK<]X+7TJ[T
M3=M[1'NTR=DK6(R204"PNRV;S<HEH6M%_N=KMKD!_P`65%B/1R2TI1+-)5$M
M=\1-C6=3CH]W5<-:C-Q2AWBYRITIR]6,G54C)I\5P(>UX;;YOZ7+6;6F9;TZ
M"DW+NY<HUZFE2KBJ.LDFE1U?`Q8P_#\LW"R:Q85@>,W[-,PR>>S:\<Q;%K5-
MOM_OMQD$9LPK5:K:S(FS9"TI-7*A!\J$FHZ)(S+:LS,Q-.Q;F=GW;=G#M1ZI
MSG)1A%+ME)M)+W6:GA8&;J67#`P+5R]FW)=,80BY2D_(HI-M^9(R-WPZ%NL/
MIKQ6!G.^W3IN=MGAMREQ;>QE-_LK;EA9N,TE>Y6ZYW.U2KC%LMPF&A1,LS%,
M..J(TI(ST&MZ'OO9^Y<N6#H6HXV3FQ3;A&7I-+FXII.27:XU2-FU[P_WCMG$
MCGZWI^1CX<G3KE%]*;Y*37"+?8I4;\AB@-M-.```````````````````````
M```````(N!]_P/PV)^,-CQ<^KE\U_$7L;]XA\Y?&;$5_/7]LKY3'/5R.[OF=
M`*`````````````````````````````````````````````&N8=%.!@`>3_[
M@]_JG/\`,,#W:^MC\Y?&?8!YN/5KTO;$[T[$8CO1Y?.U'55E4_I4VNOT/<3.
M,_O>+7>UV23=LOA1L29M]MQ>\L.P($R`_*0Z;I*4N8M/*1)(S^/_``DVCN?7
MM%S\O1=P96E8L=5OQ=FW:C.,I*-MNY64XNK346J<HKB?8GBUO';.WM9P<36-
M`QM3RI:5CR5ZY>G;DHN5U*W2,))J+4I)UYS?`PS\J[=/;?>7K^ZG,^VFV)Q?
MINPBX]`V]D*W[38??)N1V*S2[7"P.'<KE'NL^W6J2\_?9;9R'4FPDD+50C5Q
M/<_%/2M2T78.F8&K9]W4LV.OXS=^Y%0E)2=UI.*<DE%<%QXFF>%NL:;KN_M4
MU#2L&WIV)+0<E*S"<IQ5(V4WU22?I-.7+M+$>1M_^\?7_P#_`.M3?_\`]YBP
MG?&_]UV__P#R3$__`-A"^"O[]N/_`/CV=\=LK/H(W,S;:3R8_-!S';S(+EBN
M5EN+L%CL'([+,?MUZL\/,;CC.*7R19[E%6W*MMP?L-WDL(D,J0\T3IJ0I*R)
M186^],PM7\9=L8>HVXW<3V;*FX22<9.W&4XJ2?!I2BG1\'3BFB0V3JF;H_@[
MN;.TZ<K66LK&@I1=)15R]T2Z6N*;C)JJXJO!U);LIF^8[A>15U^VK/<IR'-(
M6W?4?T^W#!D95>+AD#N*R,@RC`F;P5DDW61+DP(\U+KIJ:;6EHEONJ))*=<-
M5W6L'#T[QTT"[@6K=F>1IV6KO1%1ZU"W=<>I123:=.+X\$N25,?2-0S=1\"=
M=6?=G>5C/Q7;ZVY=#G=A&736O2G'@TJ+C)TK)MSWJJR_*ME_)5\L'"ML<EO>
M$VO>O,-]=Q]S'<2N\_'YF7WZQ9++^B2ODVTR(DN?'@HOJ$DTXLV^:%',TU9;
MY;&U</%UOQIW/FZI:A?NX5G%LV>\BIJW&4%U=*DFDWT\UQ]*7RG7(W7FY>@>
M#&V\/2KD[,,N]E7;K@W%SE"[TQZJ>LHQE1)U7HQ?.,:=_,JW*S3=SRI_*`SO
M<*_7+*,ON$7J`L]UR*]2WI]XO#>'W:QX;:YMUN$E2Y5PN+EGL$<GI#JENO.$
M:UJ4I1F=/#73<+2/%;=V!I]N-K$B\2481248]Y"=R2BEP2ZINB7!+@E0\^)N
MI9FK^%6U,[/G*YE2CEQ<I-N4E;NV[<7)NK;Z8*K;;;XMMF@8?0!\[F?GE6__
M`#'NBW_[_,-_SY0Y_P"*O_EQK/\`\!<^(Z+X2_\`F-I'_P`;:_XZ-J.P9F7^
M)CRBG]Z#J)+X/T6[A#E>O_\`]9[?_A>'_P!M9.KZ'_\`V6E_XEF?]GD$A\MO
MJ3WTSWSS4O9/NEF]SMV?[I=2.*Y+C4G);N_BLK$K%C>X\C&L5:QMV6JRQ;#B
MZL>@%;H[;"$0RB-^&2:'6_XD;:T+`\#?]FQ;,;N/BXDX34(J:N2N65.?73J<
MI]<NMMUEU.I:\.]SZ]G>.2MY.5>E8OY63"<')]#@K5Z48=/+H@U'HCRCTQI2
MB)-Y0EMA81U->9SNYCD&'&S#IYZ7.J7(]IW_`'=IT\7OS&4W%F#<K4RM"TM/
M0[?9O=",BTCR%M_-69'>\7;L\[;.V-(R92>'J&JX4+_%^G!P58R?D;EU>ZD^
M:+7A-9MZ?N/<VL8JC'+T_2LR=CAZDXTZ917E2K'W)-=IK4VJ\P[>_;_8;JDZ
M?LMF.;SX?U96&VPLE?W6RS*\AN&'Y/!>G3"SS$2EW1]HLHE3I,9]Y;O,AQZW
MQ5J(S;(=*U7P\T/4-=TK<&(EA9FE7&X*Q"W!7(-)=U<I&O0DFDE2BG)+F<UT
MSQ&UW`T75M!RJYN'J4$I=]*<^[E%MJY&LO7K1N4JMN$:UZ48*#?3FX``````
M```````````````````````!%P/O^!^&Q/QAL>+GU<OFOXB]C?O$/G+XS8BO
MYZ_ME?*8YZN1W=\SH!0`````````````````````````````````````````
M````US#HIP,`#S=2:VG$%Q4VM)5X54DR+ZI@>K;49J3Y)HVI^;7U@;.]:.^>
MT.X6RJ\K7CV$]-^`[67P\OQ]..SRRG&K]F%PN)0XJ;A<2DVWW6]L&A[G3S+-
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M[?Y%C%SO_P!-WPYK)VN1[I:G_`03#OBK))5+FJ6[ZYM75=0\2M%W5C]U]E8&
M/DPNUE2?5=A.,>F-.*K)5XJG$T?2-VZ1A^&NM;7O.Y]J9V3CSM4BNCIM7E.7
M4^JJ?2G2B?'@=ME^J?:K`_+0ZR^E&_*R4MV-]=UMF,RP1,*R)E8P=GP._P")
MW&^_35\.:T=LE>ZV=_P6_`<\11)*I<U2:UM75<_Q,T;==CN_LG!Q<FW=K*D^
MJ["<8],:<562JZJG$\Z-NS2<+POU?:E_O/M;,R<:=ND5T=-J[&4NJ74FG1.E
M(OB7]VMZF^BWJ#Z!-L>C'K0S/=O9;+^F7/LORO8W=_;3`F=S+?=\2SF7<;M?
M,,R#'"F1934PKA='$),U,,FB/$<*0DT/,N:_JNV-Z;>W]E;SV79Q,W$U.Q;A
MDX]ZZ[+C<M)1C<A.C5.E+ROC-=/&+6Q:-NG96XMA8VS=Z7LG#RM-OW)X]^U;
M5U2A=;E.W*/5%UZW54:5%#TN$DY'U^]7'2]OWTG]"_3'TK63=2`?3/,W/QM^
M!N5:+8U>+S#R:99;?C.0/7.R3)%KFY%F\FW.76?#BMI8MTF><9"W4MDXJ_L'
M:.Z-`W9KFY]TSQ9?:2L33LRETQ<%)SA224E"VI*$92=9J/4TJT5C?V[]K;AV
MKH>VMLPRHK3Y7X-75#JDISATSK"377=Z97)122@Y=*;2JZ`\UKI]Z=ND[>?;
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M2Y5YD\Z$.NG`^E;K%WBW,SW%[_FG3WU#VC>#;#=:P69J*WE:MMMSLE<O<6\6
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MEZU>O\GR<3$(;B:0````````````````````````````$7`^_P"!^&Q/QAL>
M+GU<OFOXB]C?O$/G+XS8BOYZ_ME?*8YZN1W=\SH!0```````````````````
M``````````````````````````US#HIP,`````````````(J#.FVN="N=ME2
M(%QMLR+<+?.B.K8EPI\)]N5#F17VS2XQ)BR6DN-K29*2M)&6I#Q<MPNVY6KJ
M4K<DTT^*::HTUVIKF>[5VY9N1O6I.-V+JFG1IKDTUR9.<OS#+-P,GO>:YWDU
M^S+,,EG+N>0Y3E%UFWS(+Y<7$-M+G7:[W%Z1.GRE--)3SN+4KE21<"(6</#Q
M-/Q886!:MV<.W&D(0BHPBO)&*227F2+^;G9FI94\W/NW+V7<=93G)SE)^5RD
MVV_=93@R3%``````````````````````````````````````"+@??\#\-B?C
M#8\7/JY?-?Q%[&_>(?.7QFQ%?SU_;*^4QSU<CN[YG0"@````````````````
M````````````````````````````!KF'13@8````````````````````````
M````````````````````````````````$7`^_P"!^&Q/QAL>+GU<OFOXB]C?
MO$/G+XS8BOYZ_ME?*8YZN1W=\SH!0```````````````````````````````
M``````````````US#HIP,```````````````````````````````````````
M`````````````````"+@??\``_#8GXPV/%SZN7S7\1>QOWB'SE\9L17\]?VR
MOE,<]7([N^9T`H`````````````````````````````````````````````:
MYAT4X&``````````````````````````````````````````````````````
M``!%P/O^!^&Q/QAL>+GU<OFOXB]C?O$/G+XS8BOYZ_ME?*8YZN1W=\SH!0``
M```````````````````````````````````````````US#HIP,``````````
M``````````````````````````````````````````````"+@??\#\-B?C#8
M\7/JY?-?Q%[&_>(?.7QFQ%?SU_;*^4QSU<CN[YG0"@``````````````````
M``````````````````````````!KF'13@8``````````````````````````
M``````````````````````````````$7`^_X'X;$_&&QXN?5R^:_B+V-^\0^
M<OC-B*_GK^V5\ICGJY'=WS.@%```````````````````````````````````
M``````````#7,.BG`P``````````````````````````````````````````
M``````````````(N!]_P/PV)^,-CQ<^KE\U_$7L;]XA\Y?&;$5_/7]LKY3'/
M5R.[OF=`*`````````````````````````````````````````````&N8=%.
M!@````````````````````````````````````````````````````````1<
M#[_@?AL3\8;'BY]7+YK^(O8W[Q#YR^,V(K^>O[97RF.>KD=W?,Z`4```````
M``````````````````````````````````````-<PZ*<#```````````````
M``````````````````````````````````````````BX'W_`_#8GXPV/%SZN
M7S7\1>QOWB'SE\9L17\]?VROE,<]7([N^9T`H```````````````````````
M``````````````````````:YAT4X&```````````````````````````````
M`````````````````````````!%P/O\`@?AL3\8;'BY]7+YK^(O8W[Q#YR^,
MV(K^>O[97RF.>KD=W?,Z`4``````````````````````````````````````
M```````-<PZ*<#``````````````````````````````````````````````
M```````````BX'W_``/PV)^,-CQ<^KE\U_$7L;]XA\Y?&;$5_/7]LKY3'/5R
M.[OF=`*`````````````````````````````````````````````&N8=%.!@
M````````````````````````````````````````````````````````1<#[
M_@?AL3\8;'BY]7+YK^(O8W[Q#YR^,V(K^>O[97RF.>KD=W?,Z`4`````````
M````````````````````````````````````-<PZ*<#`````````````````
M````````````````````````````````````````BX'W_`_#8GXPV/%SZN7S
M7\1>QOWB'SE\9L17\]?VROE,<]7([N^9T`H`````````````````````````
M````````````````````:YAT4X&`````````````````````````````````
M```````````````````````!%P/O^!^&Q/QAL>+GU<OFOXB]C?O$/G+XS8BO
MYZ_ME?*8YZN1W=\SH!0`````````````````````````````````````````
M````US#HIP,`````````````````````````````````````````````````
M```````"+@??\#\-B?C#8\7/JY?-?Q%[&_>(?.7QFQ%?SU_;*^4QSU<CN[YG
M0"@````````````````````````````````````````````!KF'13@8`````
M```````````````````````````````````````````````````$7`^_X'X;
M$_&&QXN?5R^:_B+V-^\0^<OC-B*_GK^V5\ICGJY'=WS.@%``````````````
M```````````````````````````````#7,.BG`P`````````````````````
M```````````````````````````````````(N!]_P/PV)^,-CQ<^KE\U_$7L
M;]XA\Y?&;$5_/7]LKY3'/5R.[OF=`*``````````````````````````````
M```````````````&N8=%.!@`````````````````````````````````````
M```````````````````1<#[_`('X;$_&&QXN?5R^:_B+V-^\0^<OC-B*_GK^
MV5\ICGJY'=WS.@%`````````````````````````````````````````````
M#7,.BG`P````````````````````````````````````````````````````
M````(N!]_P`#\-B?C#8\7/JY?-?Q%[&_>(?.7QFQ%?SU_;*^4QSU<CN[YG0"
M@````````````````````````````````````````````!KF'13@8```````
M`````````````````````````````````````````````````$7`^_X'X;$_
M&&QXN?5R^:_B+V-^\0^<OC-B*_GK^V5\ICGJY'=WS.@%````````````````
M`````````````````````````````#7,.BG`P```````````````````````
M`````````````````````````````````(N!]_P/PV)^,-CQ<^KE\U_$7L;]
MXA\Y?&;$5_/7]LKY3'/5R.[OF=`*````````````````````````````````
M`````````````&N8=%.!@```````````````````````````````````````
M`````````````````1<#[_@?AL3\8;'BY]7+YK^(O8W[Q#YR^,V(K^>O[97R
MF.>KD=W?,Z`4`````````````````````````````````````````````-<P
MZ*<#````````````````````````````````````````````````````````
M`BX'W_`_#8GXPV/%SZN7S7\1>QOWB'SE\9L17\]?VROE,<]7([N^9T`H````
M`````````````````````````````````````````:YAT4X&````````````
M````````````````````````````````````````````!%P/O^!^&Q/QAL>+
MGU<OFOXB]C?O$/G+XS8BOYZ_ME?*8YZN1W=\SH!0````````````````````
M`````````````````````````US#HIP,````````````````````````````
M````````````````````````````#VC.DQ)C/J(U)9D,/*25*FEIU#AD5=*F
M21YDNJ+BNU%RU-6[L9ODFF90JW[QXU&?T#>M3,_W:!VG7_V@UC[!R/EP^$Z+
M]]L']#=]^)U_3UCW\A7K]^@?P@?8.1\N'PC[ZX/Z&[[\1^GK'OY"O7[]`_A`
M^P<CY</A'WUP?T-WWXC]/6/?R%>OWZ!_"!]@Y'RX?"/OK@_H;OOQ'Z>L>_D*
M]?OT#^$#[!R/EP^$??7!_0W??B/T]8]_(5Z_?H'\('V#D?+A\(^^N#^AN^_$
M?IZQ[^0KU^_0/X0/L'(^7#X1]]<']#=]^(_3UCW\A7K]^@?P@?8.1\N'PC[Z
MX/Z&[[\1^GK'OY"O7[]`_A`^P<CY</A'WUP?T-WWXC]/6/?R%>OWZ!_"!]@Y
M'RX?"/OK@_H;OOQ'Z>L>_D*]?OT#^$#[!R/EP^$??7!_0W??B/T]8]_(5Z_?
MH'\('V#D?+A\(^^N#^AN^_$?IZQ[^0KU^_0/X0/L'(^7#X1]]<']#=]^(_3U
MCW\A7K]^@?P@?8.1\N'PC[ZX/Z&[[\1^GK'OY"O7[]`_A`^P<CY</A'WUP?T
M-WWXC]/6/?R%>OWZ!_"!]@Y'RX?"/OK@_H;OOQ'Z>L>_D*]?OT#^$#[!R/EP
M^$??7!_0W??B/T]8]_(5Z_?H'\('V#D?+A\(^^N#^AN^_$?IZQ[^0KU^_0/X
M0/L'(^7#X1]]<']#=]^(_3UCW\A7K]^@?P@?8.1\N'PC[ZX/Z&[[\1^GK'OY
M"O7[]`_A`^P<CY</A'WUP?T-WWXC]/6/?R%>OWZ!_"!]@Y'RX?"/OK@_H;OO
MQ'Z>L>_D*]?OT#^$#[!R/EP^$??7!_0W??B/T]8]_(5Z_?H'\('V#D?+A\(^
M^N#^AN^_$?IZQ[^0KU^_0/X0/L'(^7#X1]]<']#=]^(_3UCW\A7K]^@?P@?8
M.1\N'PC[ZX/Z&[[\1^GK'OY"O7[]`_A`^P<CY</A'WUP?T-WWXC]/6/?R%>O
MWZ!_"!]@Y'RX?"/OK@_H;OOQ'Z>L>_D*]?OT#^$#[!R/EP^$??7!_0W??B8M
M#:3FP```````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````!.\:QZ[9=DF/8E8(IS;[E-]M&-V2&2TM^]W>^7"/:[;'-Q9DAI+
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M4XT3HWU1IZRK$ET\[^J7>FT[(;N+7C=SM5FR`F]N<N<*R7>^E:CLELNBD6A2
M8,^\IOL$XK3AI7(3,8-LE$Z@U>/O%H%(-YV)2Y&4H?GK?I1CU=4H^EQ4>F74
MUP73*M*,]?=S<%9KV'+K;E&,_P`S<]&4NGIC+T>#EU1Z4Z.75&E:JM-V':K=
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M!V_"5J.HY]FW=@I=<5&-V+G#K;AVQHVX]48UI)IQFHY`V_RF.JR?DNY>'G(V
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MXNK7%P?_``)]:WTS;L=5TE]12+[>&+W)M-I=V@SAF;=(V-RK9!OTFWLNV9!S
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MF```````````````````````````````````````````````````````````
M````````````````````````````%R=H-S+ELWN/C6Y]CM=KNV08<Y=+CCC-
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M[<:?56-N3A%*"X1HW5MU(JT]>L.S;9;76E_:FT9?N#@4?*,0>5E%]R9>`S=O
M+QL]L7LU,BWO&H=T;9S&Z9IBFV,^/-3*\%JVG):<8-ZB6V?%W85R]J>5=CES
MLZ??<+GH1AWJNQR,K(3C-Q_-JW<O0<>FKG1J5.+E=M^(%JUIN-"6+"[J%CKA
MZ;EW3M2Q\7'DI04UUNY;LS4JT4:Q:K1*,-?_`#!\TR_(+,INP6_;>U1K9=L6
M9O=AG7>]W;%K;D&WN`;7(RJ%:XSN,VNZWW"[-@,:XP(K34",Y,JRDF6>0D>[
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MJ,HQK)QDI\)*:(\["7<-P/S_`,IZ<DWNXVO<W<O=7!6X>]UZM[NW^5;@;/;8
M;/VV?8CGX-?;9*E8%`V]D72T%+A/Q&+I<4R"CI=AM.+M/P4A;T_[/Q=1Z+<L
M:S8NUQHOO86LB_D24J78R2NNZH7.F2DX0<>JDVE>7C9=GGO4,K37.<<F]?M4
MR9KNIW<>QCIQK:G%NUW+G;ZHN*N34NFL$W;[H0Z[=KMI4;HXKF#QX1<;SE>\
MN;[+9UN--S+<;&K3)WZPFU;>;DXIO->,%L;V?7>1,LF+V:?`R.!9Y*BNL%\I
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M$@``````````````````````````````````````````````````````````
M``````````````````````````````````````7QV$W>M^SF3Y#=;QB]QRRQ
MY7B+^&WNW6/,)^`9"5K>R7%\G?19\PM<"Y7"SHNZL63;+B331.2K/.EQTN-*
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MF32A5"RON#=>-C67J.0KN.KO5<CU1G<[V:N-RE&XI54E7BY=3HWQ1AOQ`M^U
M95]:?CNUD.S2W+IG"WW,';2C&5OIHXOL4>E52X,J"U^8)MY:)"'[7T@;3V)F
M-"R.VP8>/EC5O?CQ;[/F)2M_(Y&WD[)9RV<8G*MK[#L@XDLT(D&TAU-!CW?#
M[4;T>F[K&7<DY0DW/K:;BER@KJ@JS76FEU1JXU:,JUXA:;9E6SH^);BHSBE#
MHBZ2;YS=IS=(/H:<NF5%*B9:'>'JTQ#=#"LIPNT=/>!X#'O4.R%:;M8&,4CW
MNU7RVY+#O,[(9MVLN`8]<+FNYV2)]%*@-N1;>3)-OJ:5(:YER^C[2S-+S;6;
M=U"_?E"4NJ,W<<91<'%04979J/3)]?4U*=:QJHNBAM8W=A:IA7<*UIV/8C.,
M>F45!2C-34G-RC:@Y5BNCIK&%*2HY*KPF&[FC@``````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
..```````````````!_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
