-----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,
 JpUH7M/ICc+DE347Kcsl3Um/b9nxo8VRWJHHQwulnITO+7rPP357+lSMI1sET+Ie
 EPtyvrLZqZfbpmYw6248KQ==

<SEC-DOCUMENT>0000950136-07-004222.txt : 20070615
<SEC-HEADER>0000950136-07-004222.hdr.sgml : 20070615
<ACCEPTANCE-DATETIME>20070615164245
ACCESSION NUMBER:		0000950136-07-004222
CONFORMED SUBMISSION TYPE:	F-3
PUBLIC DOCUMENT COUNT:		9
FILED AS OF DATE:		20070615
DATE AS OF CHANGE:		20070615

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Somer Shipmanagement S.A.
		CENTRAL INDEX KEY:			0001403364
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-05
		FILM NUMBER:		07923569

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Matrix Gas Trading Ltd.
		CENTRAL INDEX KEY:			0001403348
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-20
		FILM NUMBER:		07923585

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Kalinda Shipmanagement Ltd.
		CENTRAL INDEX KEY:			0001403342
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-24
		FILM NUMBER:		07923589

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Iceland LTD
		CENTRAL INDEX KEY:			0001403335
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O1

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-29
		FILM NUMBER:		07923595

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Evolution Crude Inc.
		CENTRAL INDEX KEY:			0001403325
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-36
		FILM NUMBER:		07923603

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Continent Gas Inc.
		CENTRAL INDEX KEY:			0001403315
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-42
		FILM NUMBER:		07923609

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Atlas Investments S.A.
		CENTRAL INDEX KEY:			0001403309
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-49
		FILM NUMBER:		07923616

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Alexis Shipholding S.A.
		CENTRAL INDEX KEY:			0001403307
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-51
		FILM NUMBER:		07923618

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Access Consultants Co.
		CENTRAL INDEX KEY:			0001403306
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-52
		FILM NUMBER:		07923619

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Soleil Trust Inc.
		CENTRAL INDEX KEY:			0001403363
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-06
		FILM NUMBER:		07923570

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			StealthGas Inc.
		CENTRAL INDEX KEY:			0001328919
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804
		FILM NUMBER:		07923577

	BUSINESS ADDRESS:	
		STREET 1:		331 KIFISSIAS AVENUE
		STREET 2:		ERITHREA 14561
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30 210 625 2849

	MAIL ADDRESS:	
		STREET 1:		331 KIFISSIAS AVENUE
		STREET 2:		ERITHREA 14561
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ocean Blue LTD
		CENTRAL INDEX KEY:			0001403352
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-16
		FILM NUMBER:		07923581

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Melvyn Services CO
		CENTRAL INDEX KEY:			0001403349
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-19
		FILM NUMBER:		07923584

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Independent Trader Ltd.
		CENTRAL INDEX KEY:			0001403336
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-28
		FILM NUMBER:		07923593

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			East Propane Inc.
		CENTRAL INDEX KEY:			0001403319
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-39
		FILM NUMBER:		07923606

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SEMICHLAUS EXPORTS LTD.
		CENTRAL INDEX KEY:			0001403362
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O1

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-07
		FILM NUMBER:		07923571

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Petchem Trading Inc.
		CENTRAL INDEX KEY:			0001403356
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-12
		FILM NUMBER:		07923576

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Grazia Maritime Ltd.
		CENTRAL INDEX KEY:			0001403331
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-31
		FILM NUMBER:		07923598

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Empire Spirit Ltd.
		CENTRAL INDEX KEY:			0001403323
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-38
		FILM NUMBER:		07923605

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Cedric Finance Inc.
		CENTRAL INDEX KEY:			0001403313
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-44
		FILM NUMBER:		07923611

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aubine Services Ltd.
		CENTRAL INDEX KEY:			0001403310
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-48
		FILM NUMBER:		07923615

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Aracruz Trading Ltd.
		CENTRAL INDEX KEY:			0001403308
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-50
		FILM NUMBER:		07923617

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Oxford Gas Ltd.
		CENTRAL INDEX KEY:			0001403354
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-14
		FILM NUMBER:		07923579

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Northern Yield Shipping LTD
		CENTRAL INDEX KEY:			0001403351
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			G4

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-17
		FILM NUMBER:		07923582

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Industrial Materials Inc.
		CENTRAL INDEX KEY:			0001403339
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-26
		FILM NUMBER:		07923591

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Heather Trading S.A.
		CENTRAL INDEX KEY:			0001403332
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-30
		FILM NUMBER:		07923597

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Floyd Properties Co.
		CENTRAL INDEX KEY:			0001403327
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-34
		FILM NUMBER:		07923601

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Oswald Trading LTD
		CENTRAL INDEX KEY:			0001403353
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-15
		FILM NUMBER:		07923580

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Pacific Gases Ltd.
		CENTRAL INDEX KEY:			0001403355
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O1

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-13
		FILM NUMBER:		07923578

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Gaz De Brazil Inc.
		CENTRAL INDEX KEY:			0001403328
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-33
		FILM NUMBER:		07923600

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Balcan Profit LTD
		CENTRAL INDEX KEY:			0001403311
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O1

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-47
		FILM NUMBER:		07923614

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Triathlon Inc.
		CENTRAL INDEX KEY:			0001403366
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-03
		FILM NUMBER:		07923567

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Quinta Trading Co.
		CENTRAL INDEX KEY:			0001403357
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-11
		FILM NUMBER:		07923575

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VCM Trading Ltd.
		CENTRAL INDEX KEY:			0001403368
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-02
		FILM NUMBER:		07923566

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lpgone Ltd.
		CENTRAL INDEX KEY:			0001403345
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-22
		FILM NUMBER:		07923587

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Delora Trading CO
		CENTRAL INDEX KEY:			0001403316
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-41
		FILM NUMBER:		07923608

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Balkan Holding Inc.
		CENTRAL INDEX KEY:			0001403384
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-46
		FILM NUMBER:		07923613

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Transgalaxy Inc.
		CENTRAL INDEX KEY:			0001403365
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-04
		FILM NUMBER:		07923568

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Sabrina Enterprises S.A.
		CENTRAL INDEX KEY:			0001403360
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-09
		FILM NUMBER:		07923573

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Drew International Inc.
		CENTRAL INDEX KEY:			0001403318
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-40
		FILM NUMBER:		07923607

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Baroness Holdings Inc.
		CENTRAL INDEX KEY:			0001403312
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-45
		FILM NUMBER:		07923612

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Jungle Investment LTD
		CENTRAL INDEX KEY:			0001403341
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O1

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-25
		FILM NUMBER:		07923590

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ventspils Gases Ltd.
		CENTRAL INDEX KEY:			0001403369
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			O1

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-01
		FILM NUMBER:		07923565

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Energetic Peninsula LTD
		CENTRAL INDEX KEY:			0001403324
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-37
		FILM NUMBER:		07923604

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Leader Investments Inc.
		CENTRAL INDEX KEY:			0001403344
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-23
		FILM NUMBER:		07923588

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Celidon Investments Inc.
		CENTRAL INDEX KEY:			0001403314
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-43
		FILM NUMBER:		07923610

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Geneve Butane Inc.
		CENTRAL INDEX KEY:			0001403329
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-32
		FILM NUMBER:		07923599

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			International Gases Inc.
		CENTRAL INDEX KEY:			0001403337
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-27
		FILM NUMBER:		07923592

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Scope International Inc.
		CENTRAL INDEX KEY:			0001403361
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-08
		FILM NUMBER:		07923572

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Reina Properties Corp.
		CENTRAL INDEX KEY:			0001403359
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-10
		FILM NUMBER:		07923574

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Fairdeal Enterprises Corp.
		CENTRAL INDEX KEY:			0001403326
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-35
		FILM NUMBER:		07923602

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lyonet Holdings Corp.
		CENTRAL INDEX KEY:			0001403347
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-21
		FILM NUMBER:		07923586

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Neutron Marine Corp.
		CENTRAL INDEX KEY:			0001403350
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T

	FILING VALUES:
		FORM TYPE:		F-3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-143804-18
		FILM NUMBER:		07923583

	BUSINESS ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
		BUSINESS PHONE:		30 210 6250001

	MAIL ADDRESS:	
		STREET 1:		C/O STEALTHGAS INC.
		STREET 2:		331 KIFISSIAS AVENUE, ERITHREA
		CITY:			ATHENS
		STATE:			J3
		ZIP:			14561
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-3
<SEQUENCE>1
<FILENAME>file1.htm
<DESCRIPTION>FORM F-3
<TEXT>
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<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">As filed with the Securities and Exchange Commission on June 15, 2007.</font>
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<font style="opacity:100; position:relative; ">Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
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<font style="opacity:100; position:relative; ">SECURITIES AND EXCHANGE COMMISSION</font>
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<font style="opacity:100; position:relative; ">WASHINGTON, D.C. 20549</font>
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<font style="opacity:100; position:relative; ">FORM F-3</font>
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<font style="opacity:100; position:relative; ">REGISTRATION STATEMENT</font>
<br>
<font style="opacity:100; position:relative; ">UNDER</font>
<br>
<font style="opacity:100; position:relative; ">THE SECURITIES ACT OF 1933</font>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:16pt;  width: 540pt; text-align: center; font-style: normal; line-height: 18pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">STEALTHGAS INC.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  width: 540pt; text-align: center; font-style: normal; line-height: 10pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">(Exact Name of Registrant as Specified in its Charter)</font>
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<font style="opacity:100; position:relative; ">Not Applicable</font>
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<font style="opacity:100; position:relative; ">(Translation of Registrant&rsquo;s Name into English)</font>
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<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="539" bgcolor="#ffffff">
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Not Required</font></font></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(State or other Jurisdiction of</font>
<br>
<font style="opacity:100; position:relative; ">Incorporation or Organization)</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(I.R.S. Employer Identification No.)</font></font></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 540pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">331 Kifissias Avenue</font>
<br>
<font style="opacity:100; position:relative; ">Erithrea 14561</font>
<br>
<font style="opacity:100; position:relative; ">Athens, Greece</font>
<br>
<font style="opacity:100; position:relative; ">011 30 210 625 0001</font>
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<font style="opacity:100; position:relative; ">(Address and telephone number of Registrant&rsquo;s principal executive offices)</font>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 540pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Puglisi &amp; Associates</font>
<br>
<font style="opacity:100; position:relative; ">111 Eighth Avenue</font>
<br>
<font style="opacity:100; position:relative; ">New York, New York 10011</font>
<br>
<font style="opacity:100; position:relative; ">(800) 624-0909</font>
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<font style="opacity:100; position:relative; ">(Name, address and telephone number of agent for service)</font>
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<font style="opacity:100; position:relative; font-weight: bold; font-style: italic;">Copies to:</font>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 540pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Stephen P. Farrell</font>
<br>
<font style="opacity:100; position:relative; ">Morgan, Lewis&nbsp;&amp; Bockius LLP</font>
<br>
<font style="opacity:100; position:relative; ">101 Park Avenue</font>
<br>
<font style="opacity:100; position:relative; ">New York, New York 10178</font>
<br>
<font style="opacity:100; position:relative; ">(212) 309-6000 (telephone)</font>
<br>
<font style="opacity:100; position:relative; ">(212) 309-6001 (facsimile)</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9.5pt;  width: 540pt; text-align: left; font-style: normal; line-height: 11.5pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">Approximate Date of Commencement of Proposed Sale of the Securities to the Public:</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;From time to time after the effective date of this Registration Statement, as determined by market conditions.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9.5pt;  width: 540pt; text-align: left; font-style: normal; line-height: 11.5pt; padding-top:2pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. </font><img src="ebox.gif" alt="[ ]" width="10" height="10"></p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9.5pt;  width: 540pt; text-align: left; font-style: normal; line-height: 11.5pt; padding-top:2pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule&nbsp;415 under the Securities Act of 1933, check the following box. </font><img src="xbox.gif" alt="[X]" width="10" height="10"></p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9.5pt;  width: 540pt; text-align: left; font-style: normal; line-height: 11.5pt; padding-top:2pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.&nbsp;</font><img src="ebox.gif" alt="[ ]" width="10" height="10"></p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9.5pt;  width: 540pt; text-align: left; font-style: normal; line-height: 11.5pt; padding-top:2pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.&nbsp;</font><img src="ebox.gif" alt="[ ]" width="10" height="10"></p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9.5pt;  width: 540pt; text-align: left; font-style: normal; line-height: 11.5pt; padding-top:2pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If this Form is a registration statement pursuant to General Instruction I.C. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. </font><img src="ebox.gif" alt="[ ]" width="10" height="10"></p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9.5pt;  width: 540pt; text-align: left; font-style: normal; line-height: 11.5pt; padding-top:2pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.C. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box. </font><img src="ebox.gif" alt="[ ]" width="10" height="10"></p>
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<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">CALCULATION OF REGISTRATION FEE</font>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title of each class of securities to be registered</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Amount to be</font>
<br>
<font style="opacity:100; position:relative; ">registered</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(1)</font></sup></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Proposed</font>
<br>
<font style="opacity:100; position:relative; ">Maximum</font>
<br>
<font style="opacity:100; position:relative; ">Offering Price</font>
<br>
<font style="opacity:100; position:relative; ">Per Unit</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(2)</font></sup></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Proposed</font>
<br>
<font style="opacity:100; position:relative; ">Maximum</font>
<br>
<font style="opacity:100; position:relative; ">Aggregate</font>
<br>
<font style="opacity:100; position:relative; ">Offering Price</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(3)</font></sup></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Amount of</font>
<br>
<font style="opacity:100; position:relative; ">Registration</font>
<br>
<font style="opacity:100; position:relative; ">Fee</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(3)</font></sup></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Common Stock, $0.01 par value per share</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(4)</font></sup></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #cceeff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Preferred Stock, $0.01 par value per share</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(5)</font></sup></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Warrants</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(6)</font></sup></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #cceeff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Debt Securities</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(7)</font></sup></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Guarantees</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(8)</font></sup></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #cceeff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Purchase Contracts</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(9)</font></sup></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Units</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(10)</font></sup></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #cceeff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Subtotal</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">$200,000,000</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">200,000,000</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,140</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Common Stock, $0.01 par value per share</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(11)</font></sup></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #cceeff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">6,400,000 shares</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">108,800,000</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">3,350</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Total</font></font></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">100</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><font style="position:absolute;white-space:nowrap;line-height:11pt"><font style="opacity:100; position:relative; ">%</font></font>&nbsp;
								</td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">308,800,000</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px double #000000"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">9,490</font></td>
<td style="font-size: 9pt;  line-height:11pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><font style="position:absolute;white-space:nowrap;line-height:11pt"><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">(3</font></sup><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">)</font></sup></font>&nbsp;
								</td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(1)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">An indeterminate aggregate initial offering price or number of the securities of each identified class is being registered as may be sold from time to time at indeterminate prices, with any initial offering price not to exceed $200,000,000 or the equivalent thereof in one or more other currencies. In addition, up to 6,400,000&nbsp;shares of common stock may be sold by or on behalf of selling stockholders or their donees, pledgees, transferees or other successors in interest, who will be named in a supplement to the prospectus forming part of this Registration Statement. Separate consideration may or may not be received for securities that are issuable on exercise, conversion or exchange of other securities or that are issued in units.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(2)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">The proposed maximum aggregate offering price of each class of securities will be determined from time to time by the registrants in connection with the issuance by the registrant of the securities registered hereunder and is not specified as to each class of securities pursuant to the General Instruction II.C. of Form F-3 under the Securities Act of 1933.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(3)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act of 1933 with respect to the securities to be sold by the registrants and pursuant to Rule&nbsp;457(c) with respect to the 6,400,000 shares of common stock to be sold by the selling stockholders to be named in one or more supplements to the prospectus included in this Registration Statement. The proposed maximum aggregate offering price of the 6,400,000 shares of common stock to be sold by the selling stockholders is based on the average of the high and low prices per share of StealthGas Inc. common stock on June&nbsp;8,&nbsp;2007 as reported on the Nasdaq Global Market. In no event will the aggregate offering price of all securities sold by the registrants from time to time pursuant to this Registration State
ment exceed $200,000,000 or the equivalent thereof in one or more other currencies.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(4)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Subject to footnote (2), there is being registered hereunder an indeterminate number of shares of common stock as may from time to time be sold at indeterminate prices hereunder, and an indeterminate number of shares of common stock as may from time to time be issued upon conversion of convertible debt securities and convertible preferred stock and upon exercise of warrants, which may be sold hereunder. Pursuant to Rule 416(c) under the Securities Act of 1933, to the extent additional common shares may be issued or issuable as a result of a stock split or other distribution declared at any time by the Board of Directors while this Registration Statement is in effect, this Registration Statement is hereby deemed to cover all of such additional common stock.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(5)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Subject to footnote (2), there is being registered hereunder an indeterminate number of shares of preferred stock as may from time to time be sold at indeterminate prices hereunder, and an indeterminate number of shares of preferred stock as may from time to time be issued upon conversion of convertible debt securities and upon exercise of warrants, which may be sold hereunder.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(6)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Subject to footnote (2), there is being registered hereunder an indeterminate number of warrants as may from time to time be sold at indeterminate prices representing rights to purchase certain of the shares of common stock, shares of preferred stock and debt securities registered hereunder.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(7)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Subject to footnote (2), there is being registered hereunder an indeterminate principal amount of debt securities as may from time to time be sold at indeterminate prices hereunder. If any debt securities are issued at an original issue discount, then the offering may be in such greater principal amount as shall result in a maximum aggregate offering price not to exceed $200,000,000 or the equivalent thereof in one or more other currencies.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(8)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">The debt securities may be guaranteed pursuant to guarantees by one or more of the subsidiaries of StealthGas Inc. No separate compensation will be received for the guarantees. Pursuant to Rule 457(n), no separate fees for the guarantees are payable.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(9)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Subject to footnote (2), there is being registered hereunder an indeterminate number of purchase contracts as may from time to time be sold at indeterminate prices.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(10)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Subject to footnote (2), there is being registered hereunder an indeterminate number of units as may from time to time be sold at indeterminate prices. Units may consist of any combination of the securities being registered hereunder.</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">(11)</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">These shares of common stock may be sold by or on behalf of selling stockholders or their donees, pledgees, transferees or other successors in interest, who will be named in a supplement to the prospectus forming part of this Registration Statement.</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:9pt;  width: 456pt; text-align: left; font-style: normal; line-height: 11pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">The Registrants hereby amend this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrants shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section&nbsp;8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section&nbsp;8(a), may determine.</font>
</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">TABLE OF ADDITIONAL REGISTRANTS</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 3px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="317"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="269"></td>
</tr>
<tr>
<td style="font-size: 7pt; line-height:9pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 7pt; line-height:9pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Company</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 7pt; line-height:9pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 7pt; line-height:9pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Country of Incorporation</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Access Consultants Co.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="t" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Alexis Shipholding S.A.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Aracruz Trading Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Atlas Investments S.A.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Aubine Services Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Balcan Profit Limited</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Malta</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Balkan Holding Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
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<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Baroness Holdings Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Cedric Finance Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Celidon Investments Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Continent Gas Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Delora Trading Company</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Drew International Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">East Propane Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Empire Spirit Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Energetic Peninsula Limited</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Evolution Crude Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Fairdeal Enterprises Corp.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Floyd Properties Co.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Gaz de Brazil Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Geneve Butane Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Grazia Maritime Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Heather Trading S.A.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Iceland Limited</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Malta</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Independent Trader Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">International Gases Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Industrial Materials Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Jungle Investment Limited</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Malta</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Kalinda Shipmanagement Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Leader Investments Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Lpgone Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Lyonet Holdings Corp.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Matrix Gas Trading Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Melvyn Services Company</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Neutron Marine Corp.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Northern Yield Shipping Limited</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Cyprus</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Ocean Blue Limited</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Oswald Trading Limited</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Oxford Gas Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Pacific Gases Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Malta</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Petchem Trading Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Quinta Trading Co.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Reina Properties Corp.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Sabrina Enterprises S.A.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Scope International Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Semichlaus Exports Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Malta</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Soleil Trust Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
</tr>
<tr>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Somer Shipmanagement S.A.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
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<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Transgalaxy Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
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<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Triathlon Inc.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
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<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">VCM Trading Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Marshall Islands</font></font></td>
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<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Ventspils Gases Ltd.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 9pt; line-height:11pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 9pt; line-height:11pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Malta</font></font></td>
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<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.</font>
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<font style="opacity:100; position:relative; ">SUBJECT TO COMPLETION, DATED JUNE 15, 2007.</font>
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<font style="opacity:100; position:relative; ">PROSPECTUS</font>
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<font style="opacity:100; position:relative; ">$200,000,000</font>
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<font style="opacity:100; position:relative; ">STEALTHGAS INC.</font>
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<font style="opacity:100; position:relative; ">DEBT SECURITIES</font>
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<font style="opacity:100; position:relative; ">WARRANTS</font>
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<font style="opacity:100; position:relative; ">PURCHASE CONTRACTS</font>
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<font style="opacity:100; position:relative; ">UNITS</font>
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<font style="opacity:100; position:relative; ">COMMON STOCK</font>
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<font style="opacity:100; position:relative; ">PREFERRED STOCK</font>
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<font style="opacity:100; position:relative; ">6,400,000 SHARES OF COMMON STOCK</font>
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<font style="opacity:100; position:relative; ">OFFERED BY THE SELLING STOCKHOLDERS</font>
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<font style="opacity:100; position:relative; ">We may offer debt securities (which may be guaranteed by one or more of our subsidiaries), warrants, purchase contracts, units, common stock or preferred stock from time to time. When we decide to sell a particular class or series of securities, we will provide specific terms of the offered securities in a prospectus supplement. The securities offered by the registrants pursuant to this prospectus will have an aggregate public offering price of up to $200,000,000.</font>
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<font style="opacity:100; position:relative; ">In addition, selling stockholders or their pledgees, donees, transferees or other successors in interest, who will be named in a prospectus supplement, may offer and sell from time to time up to 6,400,000 shares of common stock using this prospectus and any prospectus supplement. We will not receive any of the proceeds from any sale of common stock by the selling stockholders, or by their respective pledgees, donees, transferees or other successors in interest.</font>
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<font style="opacity:100; position:relative; ">The securities covered by this prospectus may be offered and sold from time to time in one or more offerings, which may be through one or more underwriters, dealers and agents, or directly to the purchasers. The names of any underwriters, dealers or agents, if any, will be included in a supplement to this prospectus.</font>
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<font style="opacity:100; position:relative; ">This prospectus describes some of the general terms that may apply to these securities and the general manner in which they may be offered. The specific terms of any securities to be offered, and the specific manner in which they may be offered, will be described in one or more supplements to this prospectus.</font>
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<font style="opacity:100; position:relative; ">Our common stock is traded on the Nasdaq Global Market under the symbol &lsquo;&lsquo;GASS.&rsquo;&rsquo;</font>
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<font style="opacity:100; position:relative; ">Our principal offices are located at 331 Kifissias Avenue, Erithrea 14561 Athens, Greece. Our telephone number at such address is 011 30 210 625 0001.</font>
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<font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">Investing in our securities involves risks. You should carefully consider the risk factors set forth in the applicable supplement to this prospectus before investing in any securities that may be offered.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:8pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">Neither the Securities and Exchange Commission nor any state or other securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.</font>
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<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">Prospectus dated &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2007.</font>
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<font style="opacity:100; position:relative; ">TABLE OF CONTENTS</font>
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<a name="toc"></a>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="572"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="7.00"></td>
<td><img src="spacer.gif" height="1" width="0"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page1"><font style="opacity:100; position:relative; ">SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="t"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="t"><a href="#page1"><font style="opacity:100; position:relative; ">1</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="t" align="left"><img src="spacer.gif" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page2"><font style="opacity:100; position:relative; ">RISK FACTORS</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page2"><font style="opacity:100; position:relative; ">2</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page2"><font style="opacity:100; position:relative; ">SERVICE OF PROCESS AND ENFORCEMENT OF LIABILITIES</font></a></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page2"><font style="opacity:100; position:relative; ">2</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page2"><font style="opacity:100; position:relative; ">ABOUT THIS PROSPECTUS</font></a></font></td>
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<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page2"><font style="opacity:100; position:relative; ">2</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page3"><font style="opacity:100; position:relative; ">PROSPECTUS SUMMARY</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page3"><font style="opacity:100; position:relative; ">3</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page7"><font style="opacity:100; position:relative; ">WHERE YOU CAN FIND ADDITIONAL INFORMATION</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page7"><font style="opacity:100; position:relative; ">7</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page7"><font style="opacity:100; position:relative; ">INCORPORATION OF CERTAIN INFORMATION BY REFERENCE</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page7"><font style="opacity:100; position:relative; ">7</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page8"><font style="opacity:100; position:relative; ">RATIO OF EARNINGS TO FIXED CHARGES</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page8"><font style="opacity:100; position:relative; ">8</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page8"><font style="opacity:100; position:relative; ">USE OF PROCEEDS</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page8"><font style="opacity:100; position:relative; ">8</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page8"><font style="opacity:100; position:relative; font-variant:none; text-transform:uppercase;">capitalization</font></a><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page8"><font style="opacity:100; position:relative; ">8</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page9"><font style="opacity:100; position:relative; ">DESCRIPTION OF DEBT SECURITIES</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page9"><font style="opacity:100; position:relative; ">9</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page17"><font style="opacity:100; position:relative; ">DESCRIPTION OF WARRANTS</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page17"><font style="opacity:100; position:relative; ">17</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page17"><font style="opacity:100; position:relative; ">DESCRIPTION OF PURCHASE CONTRACTS</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page17"><font style="opacity:100; position:relative; ">17</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page18"><font style="opacity:100; position:relative; ">DESCRIPTION OF UNITS</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page18"><font style="opacity:100; position:relative; ">18</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page18"><font style="opacity:100; position:relative; ">DESCRIPTION OF CAPITAL STOCK</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page18"><font style="opacity:100; position:relative; ">18</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page23"><font style="opacity:100; position:relative; ">FORM, EXCHANGE AND TRANSFER</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page23"><font style="opacity:100; position:relative; ">23</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page23"><font style="opacity:100; position:relative; ">BOOK-ENTRY PROCEDURES AND SETTLEMENT</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page23"><font style="opacity:100; position:relative; ">23</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page24"><font style="opacity:100; position:relative; ">SELLING SHAREHOLDERS</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page24"><font style="opacity:100; position:relative; ">24</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page25"><font style="opacity:100; position:relative; ">PLAN OF DISTRIBUTION</font></a></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page25"><font style="opacity:100; position:relative; ">25</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page28"><font style="opacity:100; position:relative; ">LEGAL MATTERS</font></a></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page28"><font style="opacity:100; position:relative; ">28</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><a href="#page28"><font style="opacity:100; position:relative; ">EXPERTS</font></a></font></td>
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<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><a href="#page28"><font style="opacity:100; position:relative; ">28</font></a></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 16pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
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<font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">You should rely only on the information provided in this prospectus and the prospectus supplement, as well as the information incorporated by reference. We have not authorized anyone to provide you with different information. We are not making an offer of these securities in any jurisdiction where the offer is not permitted. You should not assume that the information in this prospectus, the prospectus supplement or any documents incorporated by reference is accurate as of any date other than the date of the applicable document.</font>
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<a name="page1"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</font>
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<font style="opacity:100; position:relative; ">This prospectus, any prospectus supplement and the documents incorporated herein and therein by reference contain forward-looking statements based on beliefs of our management. Any statements contained in this prospectus, any prospectus supplement or the documents incorporated by reference herein or therein that are not historical facts are forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended (the &lsquo;&lsquo;Securities Act&rsquo;&rsquo;) and Section 21E of the Securities Exchange Act of 1934, as amended (the &lsquo;&lsquo;Exchange Act&rsquo;&rsquo;). Forward-looking statements include, but are not limited to, such matters as:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">future operating or financial results;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">global and regional political conditions;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">statements about pending or recent acquisitions, business strategy and expected capital spending or operating expenses;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">competition in the marine transportation industry;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">statements about shipping market trends, including charter rates, factors affecting supply and demand and world fleet composition;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">future liquefied petroleum gas (LPG), prices and production;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">future supply and demand for LNG of which LPG is a byproduct;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our ability to obtain additional financing; and</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">expectations regarding vessel acquisitions.</font></td>
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<font style="opacity:100; position:relative; ">The words &lsquo;&lsquo;anticipate,&rsquo;&rsquo; &lsquo;&lsquo;believe,&rsquo;&rsquo; &lsquo;&lsquo;estimate,&rsquo;&rsquo; &lsquo;&lsquo;expect,&rsquo;&rsquo; &lsquo;&lsquo;forecast,&rsquo;&rsquo; &lsquo;&lsquo;intend,&rsquo;&rsquo; &lsquo;&lsquo;may,&rsquo;&rsquo; &lsquo;&lsquo;plan,&rsquo;&rsquo; &lsquo;&lsquo;project,&rsquo;&rsquo; &lsquo;&lsquo;predict,&rsquo;&rsquo; and &lsquo;&lsquo;should&rsquo;&rsquo; and similar expressions as they relate to us are intended to identify such forward-looking statements. Such statements reflect our current views and assumptions and all forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect our future financial results are discussed more fully under &lsquo;&lsquo;Item&nbsp;3. Key Information &mdash; Risk Factors&rsquo;&rsquo; in our Annual Report on Form 20-F for the year ended December&nbsp;31,&nbsp;20
06 filed with the U.S. Securities and Exchange Commission (&lsquo;&lsquo;SEC&rsquo;&rsquo;) on June&nbsp;5, 2007 and in our other filings with the SEC. We caution readers of this prospectus and any prospectus supplement not to place undue reliance on these forward-looking statements, which speak only as of their dates. We undertake no obligation to publicly update or revise any forward-looking statements. Other factors in addition to those listed above could adversely affect our business and results of operations.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">1</p>
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<a name="page2"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">RISK FACTORS</font>
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<font style="opacity:100; position:relative; ">Investing in the securities to be offered pursuant to this prospectus may involve a high degree of risk. You should carefully consider the important factors set forth under the heading &lsquo;&lsquo;Risk Factors&rsquo;&rsquo; in our most recent Annual Report on Form 20-F filed with the SEC incorporated herein by reference and in the accompanying prospectus supplement for such issuance before investing in any securities that may be offered.</font>
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<font style="opacity:100; position:relative; ">SERVICE OF PROCESS AND ENFORCEMENT OF LIABILITIES</font>
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<font style="opacity:100; position:relative; ">We are a Marshall Islands company, and our executive offices are located outside of the United States in Athens, Greece. All of our directors and officers reside outside of the United States, and most of our assets and their assets are located outside the United States. As a result, it may be difficult or impossible for United States investors to effect service of process within the United States upon us or any of our directors and officers or to realize against them judgments obtained in the United States courts against us or these persons in any action, including actions based upon the civil liability provisions of United States federal or state securities laws.</font>
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<font style="opacity:100; position:relative; ">There is also substantial doubt that the courts of the Marshall Islands or Greece would enter judgments in original actions brought in those courts predicated on United States, federal or state securities laws.</font>
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<font style="opacity:100; position:relative; ">ABOUT THIS PROSPECTUS</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">This prospectus is part of a registration statement that we filed with the SEC utilizing a shelf registration process. Under this shelf process, we may sell from time to time up to $200,000,000 of any combination of the securities described in this prospectus and the selling stockholders may sell up to 6,400,000 shares of our common stock in one or more offerings. This prospectus provides you with a general description of the securities we may offer. Each time we or the selling stockholders sell securities, we will provide a prospectus supplement that will contain specific information about the terms of that offering. The prospectus supplement may also add, update or change information contained in this prospectus. You should read both this prospectus and any prospectus supplement together with additional information described under the heading &lsquo;&lsquo;Where You Can Find More Information.&rsquo;&rsquo;</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">2</p>
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<a name="page3"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">PROSPECTUS SUMMARY</font>
</p>
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<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">The following summary should be read together with the information contained in other parts of this prospectus, any prospectus supplement and the documents we incorporate by reference. When we use the words the Company, we, us, ours and our, we are referring to StealthGas Inc. unless we specifically indicate otherwise or the context clearly indicates otherwise. For a more complete understanding of the terms of a particular issuance of offered securities, and before making your investment decision, you should carefully read the prospectus and the documents referred to in &lsquo;&lsquo;Where You Can Find More Information&rsquo;&rsquo; for information about us, including our financial statements. The term &lsquo;&lsquo;LPG&rsquo;&rsquo; refers to liquefied petroleum gas.</font>
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<font style="opacity:100; position:relative; ">StealthGas Inc.</font>
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<font style="opacity:100; position:relative; ">We own a fleet of LPG carriers providing international seaborne transportation services to LPG producers and users. Our LPG carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas. We believe that we have established a reputation as a safe, cost efficient operator of modern and well-maintained LPG carriers. We also believe that these attributes, together with our strategic focus on meeting our customers&rsquo; chartering needs, has contributed to our ability to attract leading charterers as our customers and to our success in obtaining charter renewals. We are managed by Stealth Maritime, a privately owned company controlled by the Vafias Group, which has been active in shipping for over 30 years and is controlled by the Vafias family, of which Harry Vafias, our Chief Executive Officer, is a memb
er.</font>
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<font style="opacity:100; position:relative; ">We were incorporated in December&nbsp;2004 in the Republic of the Marshall Islands. In October&nbsp;2005, we completed an initial public offering of our shares of common stock in the United States and our shares of common stock began trading on the Nasdaq Stock Market.</font>
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<font style="opacity:100; position:relative; ">Our principal executive offices are located at 331 Kifissias Avenue, Erithrea 14561 Athens, Greece. Our telephone number from the United States is 011 30 210 625 0001.</font>
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<font style="opacity:100; position:relative; ">The Securities We May Offer</font>
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<font style="opacity:100; position:relative; ">We may use this prospectus to offer up to $200,000,000 of:</font>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">debt securities, which may be guaranteed by one or more of our subsidiaries;</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">warrants;</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">purchase contracts;</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">units;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">common stock; and</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">preferred stock.</font></td>
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<font style="opacity:100; position:relative; ">In addition, selling stockholders or their pledgees, donees, transferees or other successors in interest, may offer and sell from time to time up to 6,400,000 shares of common stock using this prospectus and any prospectus supplement.</font>
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<font style="opacity:100; position:relative; ">A prospectus supplement will describe the specific types, amounts, prices, and detailed terms of any of these offered securities and may describe certain risks associated with an investment in the securities. Terms used in the prospectus supplement will have the meanings described in this prospectus, unless otherwise specified.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">3</p>
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<a name="page4"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">Debt Securities</font>
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<font style="opacity:100; position:relative; ">We may issue senior or subordinated debt securities. Senior debt includes our notes, debt and guarantees and any other debt for money borrowed that is not subordinated. Subordinated debt, so designated at the time it is issued, would not be entitled to interest and principal payments if payments on the senior debt were not made.</font>
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<font style="opacity:100; position:relative; ">Certain of our subsidiaries may guarantee the debt securities we offer. Those guarantees may or may not be secured by liens, mortgages, and security interests in the assets of those subsidiaries. The terms and conditions of any such subsidiary guarantees, and a description of any such liens, mortgages or security interests, will be set forth in the prospectus supplement that will accompany this prospectus.</font>
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<font style="opacity:100; position:relative; ">Debt securities may bear interest at a fixed or a floating rate based upon one or more indices.</font>
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<font style="opacity:100; position:relative; ">For any particular debt securities we offer, the prospectus supplement will describe the specific designation; the aggregate principal or face amount and the purchase price; the applicable currencies; the ranking, whether senior or subordinated; the stated maturity; the conversion terms, if any; the redemption terms, if any; the rate or manner of calculating the rate and the payment dates for interest, if any; the amount or manner of calculating the amount payable at maturity and whether that amount may be paid by delivering cash, securities or other property; any specific covenants applicable to the particular debt securities; and any other specific terms.</font>
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<font style="opacity:100; position:relative; ">The senior and subordinated debt will be issued under separate indentures between us and Wells Fargo Bank, National Association, as indenture trustee. For a more detailed description of the features of the debt securities, see &lsquo;&lsquo;Description of Debt Securities&rsquo;&rsquo; below. You are also encouraged to read the indentures, which are filed as exhibits to the registration statement of which this prospectus forms a part. You can obtain copies of these documents by following the directions outlined in &lsquo;&lsquo;Where You Can Find More Information.&rsquo;&rsquo;</font>
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<font style="opacity:100; position:relative; ">General Indenture Provisions that Apply to Senior and Subordinated Debt Securities</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">The indentures allow us and our subsidiaries to merge, amalgamate or consolidate with another company, or sell our assets substantially as an entirety to another company, provided that certain conditions are met. If any of these events occur, the other company, if it is the survivor of the merger, amalgamation or consolidation or the purchaser of the assets, would be required to assume our responsibilities for the debt. Unless the transaction resulted in an event of default, we would be released from all liabilities and obligations under the debt securities when the other company assumed our responsibilities.</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">The indentures provide that holders of a majority of the principal amount of the debt securities outstanding in any series may vote to change certain of our obligations and those of our subsidiaries that guarantee our obligations, as well as your rights concerning those securities. However, changes to the financial terms of a debt security, including changes in the payment of principal or interest on that security or the currency of payment, cannot be made unless every holder of that debt security consents to the change.</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">We and those of our subsidiaries that guarantee our debt securities may satisfy our obligations on the debt securities or be released from our and their obligations to comply with the limitations discussed above at any time by irrevocably depositing sufficient amounts of cash or U.S. government securities with the indenture trustee to pay our obligations under the particular securities when due and by satisfying certain other conditions.</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">The indentures govern the actions of the indenture trustee with regard to the debt securities, including when the indenture trustee is required to give notices to holders of the securities and when lost or stolen debt securities may be replaced.</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">4</p>
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<a name="page5"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">Events of Default</font>
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<font style="opacity:100; position:relative; ">The events of default specified in the indentures include:</font>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">failure to pay principal or premium, if any, when due;</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">failure to pay required interest for 30 days;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">failure to make a deposit of any sinking fund payment, if any, when due;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">a breach by us, or by our subsidiaries that may guarantee our debt securities, of the covenant with respect to merger and sale of assets;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">failure to perform other covenants for 60 days after notice;</font></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">failure to pay, or the acceleration of, indebtedness in excess of $25.0&nbsp;million;</font></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if applicable, a finding that a guarantee of our debt securities by any of our subsidiaries is unenforceable or invalid;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">certain events of insolvency, bankruptcy or reorganization, whether voluntary or not; and</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any other event of default specified in the prospectus supplement.</font></td>
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<font style="opacity:100; position:relative; ">Remedies</font>
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<font style="opacity:100; position:relative; ">If there were an event of default, the indenture trustee or the holders of 25% of the principal amount of debt securities outstanding in a series could demand that the principal and any unpaid interest be paid immediately. However, holders of a majority in outstanding principal amount of the securities in that series could rescind that acceleration of the debt securities. If there were an event of default resulting from certain events of bankruptcy, insolvency or reorganization, amounts payable under any debt securities would become immediately due and payable without any action by the indenture trustee or the holders of the debt securities of that series.</font>
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<font style="opacity:100; position:relative; ">Warrants</font>
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<font style="opacity:100; position:relative; ">We may issue warrants to purchase our debt securities or warrants to purchase our equity securities.</font>
</p>
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<font style="opacity:100; position:relative; ">For any particular warrants that we offer, the applicable prospectus supplement will describe the underlying securities into which the warrant is exercisable; the expiration date; the exercise price or the manner of determining the exercise price; the amount and kind, or the manner of determining the amount and kind, of property or cash to be delivered by you or us upon exercise; and any other specific terms. We will issue the warrants under warrant agreements between us and one or more warrant agents.</font>
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<font style="opacity:100; position:relative; ">Purchase Contracts</font>
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<font style="opacity:100; position:relative; ">We may issue purchase contracts for the purchase or sale of debt or equity securities issued by us or securities of third parties, a basket of such securities, an index or indices of such securities or any combination of the above as specified in the applicable prospectus supplement, currencies, or commodities. Each purchase contract will entitle the holder thereof to purchase or sell, and obligate us to sell or purchase, on specified dates, such securities, currencies or commodities at a specified purchase price, which may be based on a formula.</font>
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<font style="opacity:100; position:relative; ">Units</font>
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<font style="opacity:100; position:relative; ">We may issue units consisting of one or more purchase contracts, warrants, debt securities, preferred stock, common stock or any combination of such securities. The applicable prospectus supplement will describe the terms of the units and of the purchase contracts, warrants, debt </font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">5</p>
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<a name="page6"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">
securities, preferred stock and common stock comprising the units, including whether and under what circumstances the securities comprising the units may be traded separately, a description of the terms of any unit agreement governing the units, and a description of the provisions for the payment, settlement, transfer or exchange or the units.</font>
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<font style="opacity:100; position:relative; ">Common Stock</font>
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<font style="opacity:100; position:relative; ">We may issue shares of our common stock, par value $0.01 per share. Holders of our common stock are entitled to receive dividends when declared by our board of directors. Each holder of common stock is entitled to one vote per share. The holders of shares of common stock have no cumulative voting or preemptive rights.</font>
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<font style="opacity:100; position:relative; ">Preferred Stock</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">We may issue preferred stock, par value $0.01 per share, the terms of which will be established by our board of directors or a committee designated by the board. Each series of preferred stock will be more fully described in the prospectus supplement that will accompany this prospectus, including the terms of the preferred stock dealing with dividends, redemption provisions, rights in the event of liquidation, dissolution or winding up, voting rights and conversion rights. Generally, each series of preferred stock will rank on an equal basis with each other series of preferred stock and will rank prior to our common stock.</font>
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<font style="opacity:100; position:relative; ">Form of Securities</font>
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<font style="opacity:100; position:relative; ">We will generally issue debt securities in book-entry, global form through one or more depositaries, such as The Depository Trust Company. Each sale of a security in book-entry form will settle in immediately available funds through the depositary, unless otherwise stated.</font>
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<font style="opacity:100; position:relative; ">Payment Currencies</font>
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<font style="opacity:100; position:relative; ">Amounts payable in respect of the securities, including the purchase price, will be payable in U.S.&nbsp;dollars, unless the prospectus supplement states otherwise.</font>
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<font style="opacity:100; position:relative; ">Listing</font>
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<font style="opacity:100; position:relative; ">Our common stock is listed on the Nasdaq Global Market. If any securities are to be listed or quoted on any other securities exchange or quotation system, the applicable prospectus supplement will so state.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">6</p>
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<a name="page7"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">WHERE YOU CAN FIND ADDITIONAL INFORMATION</font>
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<font style="opacity:100; position:relative; ">As required by the Securities Act of 1933, we have filed a registration statement relating to the securities offered by this prospectus with the Securities and Exchange Commission (&lsquo;&lsquo;SEC&rsquo;&rsquo;). This prospectus is a part of that registration statement, which includes additional information.</font>
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<font style="opacity:100; position:relative; ">We file annual and other reports with the SEC. You may read and copy any document we file at the SEC&rsquo;s public reference room located at 100 F Street, N.E., Washington, D.C. 20549. The public may obtain information on the operation of the SEC&rsquo;s Public Reference Room by calling the SEC in the United States at 1-800-SEC-0330. The SEC also maintains a web site at http://www.sec.gov that contains reports, proxy statements and other information regarding registrants that file electronically with the SEC.</font>
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<font style="opacity:100; position:relative; ">INCORPORATION OF CERTAIN INFORMATION BY REFERENCE</font>
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<font style="opacity:100; position:relative; ">The SEC allows us to &lsquo;&lsquo;incorporate by reference&rsquo;&rsquo; the information we file with the SEC. This means that we can disclose important information to you by referring you to another document filed separately with the SEC. The information incorporated by reference is considered to be part of this prospectus. Any information that we file later with the SEC and that is deemed incorporated by reference will automatically update and supersede the information in this prospectus. In all such cases, you should rely on the later information over different information included in this prospectus.</font>
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<font style="opacity:100; position:relative; ">This prospectus incorporates by reference the following documents:</font>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our Annual Report on Form 20-F for the year ended December&nbsp;31, 2006, filed with the SEC on June&nbsp;5, 2007; and</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the description of our common stock contained in our registration statement on Form 8-A (File No.&nbsp;000-51559), filed with the SEC on October&nbsp;4,&nbsp;2005.</font></td>
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<font style="opacity:100; position:relative; ">We will also incorporate by reference any future filings made with the SEC under the Exchange Act until we terminate the offering contemplated by any prospectus supplement. In addition, we will incorporate by reference certain future materials furnished to the SEC on Form 6-K, but only to the extent specifically indicated in those submissions or in a future prospectus supplement.</font>
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<font style="opacity:100; position:relative; ">You may request a copy of these filings, at no cost, by writing or telephoning us at the following address:</font>
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<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">StealthGas Inc.</font>
<br>
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">331 Kifissias Avenue</font>
<br>
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">Erithrea 14561</font>
<br>
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">Athens, Greece</font>
<br>
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">Attention: Secretary</font>
<br>
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">011 30 210 625 0001</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">7</p>
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<a name="page8"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">RATIO OF EARNINGS TO FIXED CHARGES</font>
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<font style="opacity:100; position:relative; ">The following table shows our ratios of earnings to fixed charges for the periods indicated, computed using amounts derived from our financial statements prepared in accordance with U.S.&nbsp;GAAP.</font>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="10"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Three Months Ended</font>
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<font style="opacity:100; position:relative; ">March 31,</font></font></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="16"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Year Ended</font>
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<font style="opacity:100; position:relative; ">December 31,</font></font></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2007</font></font></td>
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<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2006</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2006</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2005</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2004</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Ratio of Earnings to Fixed Charges</font></font></td>
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<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">3.76</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6.10</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">3.39</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6.39</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><img src="spacer.gif" width="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><font style="position:absolute;white-space:nowrap;line-height:12pt"><font style="opacity:100; position:relative; ">*</font></font>&nbsp;
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">During 2004, we had earnings of $531,208 and no fixed charges.</font></td>
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<font style="opacity:100; position:relative; ">For the purpose of computing the consolidated ratio of earnings to fixed charges, earnings consist of net income plus interest expense, amortization of capitalized expenses relating to indebtedness and the interest portion of rental expenses. Fixed charges consist of interest expensed, amortization of capitalized expenses relating to indebtedness, and the interest portion of rental expense.</font>
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<font style="opacity:100; position:relative; ">USE OF PROCEEDS</font>
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<font style="opacity:100; position:relative; ">Unless otherwise set forth in the applicable prospectus supplement, we intend to use the net proceeds received from the sale of the securities we offer by this prospectus for general corporate purposes, which may include, among other things:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the acquisition of new vessels;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">additions to working capital; and</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the repayment of indebtedness.</font></td>
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<font style="opacity:100; position:relative; ">We may raise additional funds from time to time through equity or debt financings not involving the issuance of securities described in this prospectus, including borrowings under credit facilities, to finance our business and operations and new vessel acquisitions.</font>
</p>
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<font style="opacity:100; position:relative; ">We will not receive any of the proceeds from any sale of common stock by the selling stockholders, or by their respective pledgees, donees, transferees or other successors in interest.</font>
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<font style="opacity:100; position:relative; ">CAPITALIZATION</font>
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<font style="opacity:100; position:relative; ">Please see the table setting forth our capitalization in our Annual Report on Form 20-F for the year ended December&nbsp;31,&nbsp;2006, which is incorporated by reference herein, under the heading &lsquo;&lsquo;Item 3. Key Information &mdash; Capitalization.&rsquo;&rsquo; Any updates to our capitalization may be set forth in a prospectus supplement to this prospectus.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">8</p>
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<a name="page9"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">DESCRIPTION OF DEBT SECURITIES</font>
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<font style="opacity:100; position:relative; ">In this section, references to &lsquo;&lsquo;holders&rsquo;&rsquo; mean those who own debt securities registered in their own names on the books that StealthGas Inc. or the indenture trustee maintains for this purpose, and not those who own beneficial interests in debt securities registered in street name or in debt securities issued in book-entry form through one or more depositaries. Owners of beneficial interests in the debt securities should read the section below entitled &lsquo;&lsquo;Book-Entry Procedures and Settlement&rsquo;&rsquo;.</font>
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<font style="opacity:100; position:relative; ">General</font>
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<font style="opacity:100; position:relative; ">The debt securities offered by this prospectus will be either senior or subordinated debt. We will issue senior debt under a senior debt indenture, and we will issue subordinated debt under a subordinated debt indenture. We sometimes refer to the senior debt indenture and the subordinated debt indenture individually as an indenture and collectively as the indentures. The indenture trustee under each of the senior debt indenture and the subordinated debt indenture will be Wells Fargo Bank, National Association. We have filed the indentures with the SEC as exhibits to the registration statement of which this prospectus forms a part. You can obtain copies of the indentures by following the directions outlined in &lsquo;&lsquo;Where You Can Find More Information&rsquo;&rsquo;, or by contacting the applicable indenture trustee.</font>
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<font style="opacity:100; position:relative; ">The following briefly summarizes the material provisions of the indentures and the debt securities, other than pricing and related terms disclosed for a particular issuance in an accompanying prospectus supplement. You should read the more detailed provisions of the applicable indenture, including the defined terms, for provisions that may be important to you. You should also read the particular terms of a series of debt securities, which will be described in more detail in an accompanying prospectus supplement. So that you may easily locate the more detailed provisions, the numbers in parentheses below refer to sections in the applicable indenture or, if no indenture is specified, to sections in each of the indentures. Wherever particular sections or defined terms of the applicable indenture are referred to, such sections or defined terms are incorporated into this prospectus by reference, and the statement in this prospectus is qualified by that reference.</fo
nt>
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<font style="opacity:100; position:relative; ">The indentures provide that our unsecured senior or subordinated debt securities may be issued in one or more series, with different terms, in each case as we authorize from time to time. We also have the right to reopen a previous issue of a series of debt securities by issuing additional debt securities of such series.</font>
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<font style="opacity:100; position:relative; ">Information in the Prospectus Supplement</font>
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<font style="opacity:100; position:relative; ">The prospectus supplement for any offered series of debt securities will describe the following terms, as applicable:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the title or designation;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">whether the debt is senior or subordinated;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">whether the debt is guaranteed by our subsidiaries and whether those guarantees are secured and, if so, the collateral securing the guarantees;</font></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the aggregate principal amount offered and authorized denominations;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the initial public offering price;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the maturity date or dates;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any sinking fund or other provision for payment of the debt securities prior to their stated maturity;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">whether the debt securities are fixed rate debt securities or floating rate debt securities or original issue discount debt securities;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if the debt securities are fixed rate debt securities, the yearly rate at which the debt security will bear interest, if any;</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">9</p>
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<a name="page10"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if the debt securities are floating rate debt securities, the method of calculating the interest rate;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if the debt securities are original issue discount debt securities, their yield to maturity;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the date or dates from which any interest will accrue, or how such date or dates will be determined, and the interest payment dates and any related record dates;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if other than in U.S. Dollars, the currency or currency unit in which payment will be made;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any provisions for the payment of additional amounts for taxes;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the denominations in which the currency or currency unit of the securities will be issuable if other than denominations of $1,000 and integral multiples thereof;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">whether the debt securities will be convertible into or exchangeable for other securities and, if so, the terms and conditions upon which such debt securities will be convertible or exchangeable;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the terms and conditions on which the debt securities may be redeemed at the option of the Company;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any obligation of the Company to redeem, purchase or repay the debt securities at the option of a holder upon the happening of any event and the terms and conditions of redemption, purchase or repayment;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the names and duties of any co-indenture trustees, depositaries, authenticating agents, calculation agents, paying agents, transfer agents or registrars for the debt securities;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any material provisions of the applicable indenture described in this prospectus that do not apply to the debt securities;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the ranking of the specific series of debt securities relative to other outstanding indebtedness, including subsidiaries&rsquo; debt;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if the debt securities are subordinated, the aggregate amount of outstanding indebtedness, as of a recent date, that is senior to the subordinated securities, and any limitation on the issuance of additional senior indebtedness;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the place where we will pay principal and interest;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">additional provisions, if any, relating to the defeasance of the debt securities;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any United States federal income tax consequences, if material;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the dates on which premium, if any, will be paid;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our right, if any, to defer payment of interest and the maximum length of this deferral period;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any listing of the debt securities on a securities exchange; and</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any other specific terms of the debt securities.</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">We will issue the debt securities only in registered form. As currently anticipated, debt securities of a series will trade in book-entry form, and global notes will be issued in physical (paper) form, as described below under &lsquo;&lsquo;Book-Entry Procedures and Settlement.&rsquo;&rsquo;</font>
</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Senior Debt</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">We will issue senior debt securities under the senior debt indenture. These senior debt securities will rank on an equal basis with all our other unsecured debt except subordinated debt.</font>
</p>
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<font style="opacity:100; position:relative; ">Subordinated Debt</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">We will issue subordinated debt securities under the subordinated debt indenture. Subordinated debt will rank subordinate and junior in right of payment, to the extent set forth in the subordinated debt indenture, to all our senior debt (both secured and unsecured).</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">10</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page11"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">In general, the holders of all senior debt are first entitled to receive payment of the full amount unpaid on senior debt before the holders of any of the subordinated debt securities are entitled to receive a payment on account of the principal or interest on the indebtedness evidenced by the subordinated debt securities in certain events.</font>
</p>
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<font style="opacity:100; position:relative; ">If we default in the payment of any principal of, or premium, if any, or interest or any other monetary payment on any senior debt when it becomes due and payable after any applicable grace period, then, unless and until the default is cured or waived or ceases to exist, we cannot make a payment on account of or redeem or otherwise acquire the subordinated debt securities.</font>
</p>
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<font style="opacity:100; position:relative; ">If there is any insolvency, bankruptcy, liquidation or other similar proceeding relating to us or our property, then all senior debt must be paid in full before any payment may be made to any holders of subordinated debt securities.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Furthermore, if we default in the payment of the principal of and accrued interest on any subordinated debt securities that is declared due and payable upon an event of default under the subordinated debt indenture, holders of all our senior debt will first be entitled to receive payment in full in cash before holders of such subordinated debt can receive any payments.</font>
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<font style="opacity:100; position:relative; ">Senior debt means:</font>
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<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the principal, premium, if any, interest and any other amounts owing in respect of indebtedness of the Company and/or of our subsidiaries that may guarantee our debt for money borrowed and indebtedness evidenced by securities, notes, debentures, bonds or other similar instruments issued by us, including the senior debt securities or letters of credit;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">all capitalized lease obligations;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">all hedging obligations;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">all obligations representing the deferred purchase price of property; and</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">all deferrals, renewals, extensions and refundings of obligations of the type referred to above;</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">but senior debt does not include:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">subordinated debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any subsidiary guarantees of the subordinated debt securities; and</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any indebtedness that by its terms is subordinated to, or ranks on an equal basis with, our subordinated debt securities.</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Covenants</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Merger and Sale of Assets.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;We may not, in a single transaction or a series of related transactions:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">consolidate, amalgamate or merge with or into any other person or permit any other person to consolidate, amalgamate or merge with or into us; or</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">directly or indirectly, transfer, sell, lease or otherwise dispose of all or substantially all of our assets,</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">unless, in either such case:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">in a transaction in which we do not survive or in which we sell, lease or otherwise dispose of all or substantially all of our assets, the successor entity to us is organized under the laws of the United States, or any state thereof or the District of Columbia, Bahamas, Bermuda, the Republic of Liberia, the Republic of Cyprus, the Republic of Malta, the Republic of Panama, the Republic of the Marshall Islands, a member state of the European Union or any other country recognized by the United States, and which expressly assumes, by a supplemental indenture executed and delivered to the indenture trustee in a form reasonably satisfactory to the indenture trustee, all of our obligations under the indenture;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">immediately before and after giving effect to the transaction, no default on the debt securities exists; and</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">11</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page12"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">an officer&rsquo;s certificate and an opinion of counsel setting forth certain statements are delivered to the indenture trustee.</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Merger and Sale of Assets by our Subsidiaries that May Guarantee our Debt Securities.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;Where the terms of any debt securities we may issue provide, no subsidiary that guarantees our debt may:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">consolidate or amalgamate or merge with or into any other person (other than us or another subsidiary that guarantees our debt); or</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">directly or indirectly transfer, sell, lease or otherwise dispose of its properties and assets substantially as an entirety to any other person (other than to us or to another subsidiary that guarantees our debt),</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">unless, in either such case:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the entity formed by such consolidation or into which such subsidiary amalgamates or merges, or which acquires by transfer, sale or lease the properties and assets of such subsidiary substantially as an entirety, is organized under the laws of the United States or any state thereof or the District of Columbia, Bahamas, Bermuda, the Republic of Liberia, the Republic of Cyprus, the Republic of Malta, the Republic of Panama, the Republic of the Marshall Islands, a member state of the European Union or any other country recognized by the United States, and which expressly assumes, by a supplemental indenture executed and delivered to the indenture trustee in a form reasonably satisfactory to the indenture trustee, all of such subisidiary&rsquo;s obligations 
under the indenture;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">immediately before and after giving effect to the transaction, no default on the debt securities exists; and</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">an officer&rsquo;s certificate and an opinion of counsel setting forth certain statements are delivered to the indenture trustee.</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Other Covenants.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;In addition, any offered series of debt securities may have additional covenants which will be described in the prospectus supplement, limiting or restricting, among other things:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our ability to incur indebtedness;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our ability to pay dividends, to repurchase or redeem our capital stock;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our ability to create dividend and other payment restrictions affecting our subsidiaries;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">mergers and consolidations by us;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">sales of assets by us;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our ability to enter into transactions with affiliates;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our ability to incur liens; and</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our ability to enter into sale and leaseback transactions.</font></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Modification of the Indentures</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Under the indentures, we and the relevant indenture trustee may amend the indentures, without the consent of any holder of the debt securities, to:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">cure ambiguities, defects or inconsistencies;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">comply with the covenant described under &lsquo;&lsquo;&mdash; Merger and Sale of Assets&rsquo;&rsquo;;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">add to our covenants or to those of our subsidiaries who may guarantee the debt securities for the benefit of the holders of all or any series of debt securities (and if such covenants are to be for the benefit of less than all series of debt securities, stating that such covenants are expressly being included for the benefit of such series) or to surrender any rights or power conferred upon us or our subsidiaries;</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">12</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page13"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">add any additional events of default for the benefit of the holders of all or a series of debt securities (and if such additional events of default are to be for the benefit of less than all series of debt securities, stating that such additional events of default are expressly being included solely for the benefit of such series);</font></td>
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<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">establish the form or terms of debt securities of any series;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">provide for uncertificated debt securities in addition to or in place of certificated debt securities;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">add additional guarantors of the debt securities;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">secure the debt securities;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">evidence the succession of another person to the Company or a subsidiary that guarantees the debt securities and the assumption of the covenants in the indentures and in the debt securities by such successor;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">establish provisions with respect to conversion rights, if any;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">appoint a successor indenture trustee under either indenture;</font></td>
</tr>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">maintain the qualification of the indenture under the Trust Indenture Act of 1939;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">add to, change or eliminate any provision of the indentures so long as such addition, change or elimination does not adversely affect the rights of the holders in any material respect; or</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">to conform any provision of the indentures to the &lsquo;&lsquo;Description of Debt Securities&rsquo;&rsquo; contained in this prospectus or any similar section in any prospectus supplement relating to an offer of debt securities under the indentures.</font></td>
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</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">We and the indenture trustee may, with the consent of the holders of at least a majority in aggregate outstanding principal amount of the debt securities of a series or such other percentage as may be specified in the prospectus supplement, modify the applicable indenture or the rights of the holders of the securities of such series. However, no such modification may, without the consent of each holder of a debt security:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">extend the fixed maturity of any such debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">reduce the rate or change the time of payment of interest on such debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">reduce the principal amount of such securities or the premium, if any, on such debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">change or waive the redemption provisions of such debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">change any obligation of ours to pay additional amounts;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">change any obligation of ours to maintain an office or agency;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">reduce the amount of the principal payable on acceleration of any debt securities issued originally at a discount;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">adversely affect the ranking on such debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">adversely affect the right, if any, to convert such debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">adversely affect the right of repayment or repurchase at the option of the holder;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">reduce or postpone any sinking fund or similar provision;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">change the currency or currency unit in which any such debt securities are payable or the right of selection thereof;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">impair the right to sue for the enforcement of any payment on such debt securities;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">reduce the percentage of debt securities of a series whose holders need to consent to a modification or a waiver; or</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">13</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page14"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">with respect to subordinated debt securities, modify or change any provisions of the indenture or the related definitions affecting the subordination or ranking of any debt securities or any guarantees of our subsidiaries, in a manner which adversely affects the holders.</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Defaults</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each indenture provides that events of default regarding any series of debt securities will be:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our failure to pay required interest on any debt security of such series for 30 days;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our failure to pay principal or premium, if any, on any debt security of such series when due;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our failure to make any deposit of any sinking fund payment when due on debt securities of such series;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our failure to perform for 60 days after notice any other covenant in the relevant indenture other than a covenant included in the relevant indenture solely for the benefit of a series of debt securities other than such series;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">a breach by us, or by our subsidiaries that may guarantee our debt securities, of the covenant with respect to merger and sale of assets;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our failure to pay beyond any applicable grace period, or the acceleration of, indebtedness in excess of $25,000,000;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if applicable, a finding that a guarantee of our debt securities by any of our subsidiaries is unenforceable or invalid;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">certain events of bankruptcy, insolvency or reorganization, whether voluntary or not; and</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any other event of default set forth in the applicable prospectus supplement.</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If an event of default regarding debt securities of any series issued under the indentures should occur and be continuing, either the indenture trustee or the holders of 25% in the principal amount of outstanding debt securities of such series may declare the entire principal amount, together with all accrued and unpaid interest and premium, if any, of each debt security of that series immediately due and payable. If an event of default regarding debt securities results from certain events of bankruptcy, insolvency or reorganization with respect to us, such amount with respect to the debt securities will be due and payable immediately without any declaration or other act on the part of the holders of outstanding debt securities or the indenture trustee. We are required to file annually with the indenture trustee a statement of an officer as to the fulfillment by us of our obligations under the indenture during the preceding year.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">No event of default regarding one series of debt securities issued under an indenture is necessarily an event of default regarding any other series of debt securities.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Holders of a majority in principal amount of the outstanding debt securities of any series will be entitled to control certain actions of the indenture trustee under the indentures and to waive past defaults regarding such series. The indenture trustee generally cannot be required by any of the holders of debt securities to take any action, unless one or more of such holders shall have provided to the indenture trustee reasonable security or indemnity.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">If an event of default occurs and is continuing regarding a series of debt securities, the indenture trustee may use any sums that it holds under the relevant indenture for its own reasonable compensation and expenses incurred prior to paying the holders of debt securities of such series.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Before any holder of any series of debt securities may institute action for any remedy, the holders of not less than 25% in principal amount of the debt securities of that series outstanding must request the indenture trustee to take action. Holders must also offer and give the satisfactory security and indemnity against liabilities incurred by the indenture trustee for taking such action, and the indenture trustee must have failed to institute any proceeding within 60 days after receiving such request and offer of indemnity. These limitations do not apply, however, to a suit by a holder of any series of debt securities to enforce payment of principal, interest or premium, if any, and the right to convert such debt security, if applicable.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">14</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page15"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Subsidiary Guarantees</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Certain of our subsidiaries may guarantee the debt securities we offer. In that case, the terms and conditions of the subsidiary guarantees will be set forth in the applicable prospectus supplement. Unless we indicate differently in the applicable prospectus supplement, if any of our subsidiaries guarantee any of our debt securities that are subordinated to any of our senior indebtedness, then the subsidiary guarantees will be subordinated to the senior indebtedness of such subsidiary to the same extent as our debt securities are subordinated to our senior indebtedness.</font>
</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Defeasance</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">After we have irrevocably deposited with the indenture trustee cash or government securities, in trust for the benefit of the holders, sufficient to pay the principal of, premium, if any, and interest on the debt securities of such series when due, and satisfied certain other conditions, including receipt of an opinion of counsel that holders will not recognize taxable gain or loss for federal income tax purposes, we may elect to have our obligations and those of any guarantors of our obligations under the applicable indenture and any guarantees discharged with respect to the outstanding debt securities of any series (&lsquo;&lsquo;legal defeasance and discharge&rsquo;&rsquo;). Legal defeasance and discharge means that we will be deemed to have paid and discharged the entire indebtedness represented by the outstanding debt securities of such series under the applicable indenture, except for:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the rights of holders of the debt securities to receive principal, interest and any premium when due;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">our obligations with respect to the debt securities concerning issuing temporary debt securities, registration of transfer of debt securities, mutilated, destroyed, lost or stolen debt securities and the maintenance of an office or agency for payment for security payments held in trust;</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the rights, powers, trusts, duties and immunities of the indenture trustee; and</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the defeasance provisions of the indenture.</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Alternatively, we may elect to have our obligations released with respect to certain covenants in the applicable indenture (&lsquo;&lsquo;covenant defeasance&rsquo;&rsquo;). Any failure to comply with these obligations so released will not constitute a default or an event of default with respect to the debt securities of any series. In the event covenant defeasance occurs, certain events, not including non-payment, bankruptcy and insolvency events, described under &lsquo;&lsquo;&mdash; Events of Default&rsquo;&rsquo; will no longer constitute an event of default for that series.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">In order to exercise either legal defeasance or covenant defeasance with respect to outstanding debt securities of any series:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">we must irrevocably have deposited or caused to be deposited with the trustee as trust funds for the purpose of making the following payments, specifically pledged as security for, and dedicated solely to the benefits of the holders of the debt securities of a series:</font></td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="53"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="525"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 40pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 398pt;"><font style="opacity:100; position:relative; ">money;</font></td>
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<font style="opacity:100; position:relative; ">&bull;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Government Obligations; or</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 40pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 398pt;"><font style="opacity:100; position:relative; ">a combination of money and U.S. Government Obligations,</font></td>
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<font style="opacity:100; position:relative; ">in an amount, in each case, sufficient without reinvestment, in the written opinion of an internationally recognized firm of independent public accountants to pay and discharge, and which shall be applied by the trustee to pay and discharge, all of the principal, interest and any premium when due;</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">in the case of legal defeasance, we must have delivered to the trustee an opinion of counsel stating that, under then applicable federal income tax law, the holders of the debt securities of that series will not recognize gain or loss for federal income tax purposes as a result of the deposit, defeasance and discharge to be effected and will be subject to the same federal income tax as would be the case if the deposit, defeasance and discharge did not occur;</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">15</p>
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<a name="page16"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">in the case of covenant defeasance, we must have delivered to the trustee an opinion of counsel stating that, under then applicable federal income tax law, the holders of the debt securities of that series will not recognize gain or loss for U.S. federal income tax purposes as a result of the deposit and covenant defeasance to be effected and will be subject to the same federal income tax as would be the case if the deposit and covenant defeasance did not occur;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">no default with respect to the outstanding debt securities of that series may have occurred and be continuing at the time of such deposit after giving effect to the deposit and no default relating to bankruptcy or insolvency may have occurred and be continuing at any time on or before the 90</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">th</font></sup><font style="opacity:100; position:relative; "> day after the date of such deposit, it being understood that this condition is not deemed satisfied until after the 90</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">th</font></sup><font style="opacity:100; position:relative; "> day;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the legal defeasance or covenant defeasance must not result in a breach or violation of, or constitute a default under, any other agreement or instrument to which we are a party or by which we are bound;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">no event or condition exists that would prevent us from making payments of the principal of (and any premium) or interest on the debt securities of such series on the date of such deposit or at any time on or prior to the 90</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">th</font></sup><font style="opacity:100; position:relative; "> day after the date of such deposit; and</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">we must deliver to the trustee an officers&rsquo; certificate and an opinion of counsel stating that all conditions precedent with respect to the defeasance or covenant defeasance have been complied with.</font></td>
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<font style="opacity:100; position:relative; ">Governing Law</font>
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<font style="opacity:100; position:relative; ">Unless otherwise stated in the prospectus supplement, the debt securities, subsidiary guarantees, if any, and the indentures will be governed by New York law.</font>
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<font style="opacity:100; position:relative; ">Consent to Jurisdiction and Service</font>
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<font style="opacity:100; position:relative; ">The indentures provide that we and each of our subsidiaries that guarantee our debt securities will appoint Puglisi &amp; Associates as their agent for actions arising out of or relating to the applicable indenture, the debt securities or the related guarantees brought under Federal or state securities laws in any Federal or state court located in New York, New York and will submit to such jurisdiction. If for any reason Puglisi &amp; Associates is unable to serve in such capacity, we will appoint another agent reasonably satisfactory to the indenture trustee.</font>
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<font style="opacity:100; position:relative; ">Payment and Paying Agents</font>
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<font style="opacity:100; position:relative; ">Distributions on the debt securities other than those represented by global notes will be made in the designated currency against surrender of the debt securities at the principal corporate trust office or agency of the indenture trustee. Payment will be made to the registered holder at the close of business on the record date for such payment. Interest payments will be made at the principal corporate trust office or agency of the indenture trustee, or by a check mailed to the holder at his registered address. Payments in any other manner will be specified in the prospectus supplement.</font>
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<font style="opacity:100; position:relative; ">Transfer and Exchange</font>
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<font style="opacity:100; position:relative; ">The debt securities may be presented for exchange, and debt securities other than a global security may be presented for registration of transfer, at the principal corporate trust office or agency of the indenture trustee. Holders will not have to pay any service charge for any registration of transfer or exchange of debt securities, but we may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection with such registration of transfer or exchange of debt securities.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">16</p>
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<a name="page17"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">DESCRIPTION OF WARRANTS</font>
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<font style="opacity:100; position:relative; ">We may issue warrants to purchase our debt or equity securities or securities of third parties or other rights, including rights to receive payment in cash or securities based on the value, rate or price of one or more specified commodities, currencies, securities or indices, or any combination of the foregoing. Warrants may be issued independently or together with any other securities and may be attached to, or separate from, such securities. A series of warrants may be issued under a separate warrant agreement to be entered into between us and a warrant agent. The terms of any warrants to be issued and a description of the material provisions of any applicable warrant agreement will be set forth in the applicable prospectus supplement.</font>
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<font style="opacity:100; position:relative; ">The applicable prospectus supplement will describe the following terms of any warrants in respect of which this prospectus is being delivered:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the title of such warrants;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the aggregate number of such warrants;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the price or prices at which such warrants will be issued;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the currency or currencies, in which the price of such warrants will be payable;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the securities or other rights, including rights to receive payment in cash or securities based on the value, rate or price of one or more specified commodities, currencies, securities or indices, or any combination of the foregoing, purchasable upon exercise of such warrants;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the price at which and the currency or currencies, in which the securities or other rights purchasable upon exercise of such warrants may be purchased;</font></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the date on which the right to exercise such warrants shall commence and the date on which such right shall expire;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
</tr>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if applicable, the minimum or maximum amount of such warrants which may be exercised at any one time;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if applicable, the designation and terms of the securities with which such warrants are issued and the number of such warrants issued with each such security;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if applicable, the date on and after which such warrants and the related securities will be separately transferable;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">information with respect to book-entry procedures, if any;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">if applicable, a discussion of any material United States Federal income tax considerations; and</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any other terms of such warrants, including terms, procedures and limitations relating to the exchange and exercise of such warrants.</font></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">DESCRIPTION OF PURCHASE CONTRACTS</font>
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<font style="opacity:100; position:relative; ">We may issue purchase contracts for the purchase or sale of:</font>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">debt or equity securities issued by us or securities of third parties, a basket of such securities, an index or indices of such securities or any combination of the above as specified in the applicable prospectus supplement;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">currencies; or</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">commodities.</font></td>
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</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each purchase contract will entitle the holder thereof to purchase or sell, and obligate us to sell or purchase, on specified dates, such securities, currencies or commodities at a specified purchase price, which may be based on a formula, all as set forth in the applicable prospectus supplement. We may, however, satisfy our obligations, if any, with respect to any purchase contract by delivering the </font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">17</p>
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<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page18"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">
cash value of such purchase contract or the cash value of the property otherwise deliverable or, in the case of purchase contracts on underlying currencies, by delivering the underlying currencies, as set forth in the applicable prospectus supplement. The applicable prospectus supplement will also specify the methods by which the holders may purchase or sell such securities, currencies or commodities and any acceleration, cancellation or termination provisions or other provisions relating to the settlement of a purchase contract.</font>
</p>
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<font style="opacity:100; position:relative; ">The purchase contracts may require us to make periodic payments to the holders thereof or vice versa, which payments may be deferred to the extent set forth in the applicable prospectus supplement, and those payments may be unsecured or prefunded on some basis. The purchase contracts may require the holders thereof to secure their obligations in a specified manner to be described in the applicable prospectus supplement. Alternatively, purchase contracts may require holders to satisfy their obligations thereunder when the purchase contracts are issued. Our obligation to settle such pre-paid purchase contracts on the relevant settlement date may constitute indebtedness. Accordingly, pre-paid purchase contracts will be issued under either the senior indenture or the subordinated indenture.</font>
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<font style="opacity:100; position:relative; ">DESCRIPTION OF UNITS</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">As specified in the applicable prospectus supplement, we may issue units consisting of one or more purchase contracts, warrants, debt securities, preferred stock, common stock or any combination of such securities. The applicable prospectus supplement will describe:</font>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the terms of the units and of the purchase contracts, warrants, debt securities, preferred stock and common stock comprising the units, including whether and under what circumstances the securities comprising the units may be traded separately;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">a description of the terms of any unit agreement governing the units; and</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">a description of the provisions for the payment, settlement, transfer or exchange or the units.</font></td>
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<font style="opacity:100; position:relative; ">DESCRIPTION OF CAPITAL STOCK</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Under our articles of incorporation, our authorized capital stock consists of 100,000,000 shares of common stock, $.01 par value per share, of which 14,400,000 shares are issued and outstanding and fully paid as of the date of this prospectus, and 5,000,000 shares of blank check preferred stock, $.01&nbsp;par value per share. All of our shares of stock are in registered form. As of December&nbsp;31,&nbsp;2006, there were 14,400,000 outstanding shares of common stock and no outstanding options or shares of preferred stock.</font>
</p>
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<font style="opacity:100; position:relative; ">The following briefly summarizes the material terms of our capital stock. You should read the more detailed provisions of our Articles of Incorporation and Bylaws for provisions that may be important to you. You can obtain copies of these documents by following the directions outlined in &lsquo;&lsquo;Where You Can Find More Information.&rsquo;&rsquo;</font>
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<font style="opacity:100; position:relative; ">Common Stock</font>
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<font style="opacity:100; position:relative; ">As of December&nbsp;31,&nbsp;2006, we had 14,400,000 shares of common stock outstanding, out of 100,000,000 shares authorized to be issued. Each outstanding share of common stock entitles the holder to one vote on all matters submitted to a vote of stockholders. Subject to preferences that may be applicable to any outstanding shares of preferred stock, holders of shares of common stock are entitled to receive ratably all dividends, if any, declared by our Board of Directors out of funds legally available for dividends. Holders of common stock do not have conversion, redemption or preemptive rights to subscribe to any of our securities. All outstanding shares of common stock are, and the shares to be sold in this offering when issued and paid for will be, fully paid and nonassessable. The rights, preferences and privileges of holders of common stock are subject to the rights of the holders of any shares of preferred stock which we may issue in the future.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">18</p>
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<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page19"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Preferred Stock</font>
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<font style="opacity:100; position:relative; ">Under our articles of incorporation, our board of directors has the authority, without any further vote or action by our stockholders, to issue up to 5,000,000 shares of preferred stock in one or more series, and to establish the terms and preferences of the shares of each series. The terms of any preferred stock that we issue will be set forth in a prospectus supplement. Holders of each series of preferred stock will be entitled to receive cash dividends, when, as and if declared by our board of directors out of funds legally available for dividends. The rates and dates of payment of dividends will be set forth in the prospectus supplement relating to each series of preferred stock. Upon our voluntary or involuntary liquidation, dissolution or winding up, holders of each series of preferred stock will be entitled to receive distributions upon liquidation in the amount set forth in the prospectus supplement relating to such series of preferred stock, plus an amo
unt equal to any accrued and unpaid dividends. Such distributions will be made before any distribution is made on any securities ranking junior in relation to preferred stock in liquidation, including common stock. As of April&nbsp;30, 2007, there were no shares of preferred stock outstanding.</font>
</p>
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<font style="opacity:100; position:relative; ">Dividends</font>
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<font style="opacity:100; position:relative; ">While we cannot assure you that we will do so, and subject to the limitations discussed below, we currently intend to declare and pay regular cash dividends on a quarterly basis from our net profits, in amounts the Board of Directors may from time to time determine are appropriate. We may, however, have to make provisions for vessel acquisitions and other liabilities that would reduce or eliminate the cash available for distribution as dividends. We declared and paid a dividend per share of $0.1875 in January, May, September and December of 2006 and in March and June of 2007. There can be no assurance that we will pay regular quarterly dividends in the future. Such dividends as we do pay may be in amounts less than the quarterly $0.1875 per share dividend we have paid in the past.</font>
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<font style="opacity:100; position:relative; ">Declaration and payment of any dividend is subject to the discretion of our Board of Directors. The timing and amount of dividend payments will be dependent upon our earnings, financial condition, cash requirements and availability, restrictions in our loan agreements or other financing arrangements, the provisions of Marshall Islands law affecting the payment of distributions to stockholders and other factors. The payment of dividends is not guaranteed or assured, and may be discontinued at any time at the discretion of our Board of Directors. Because we are a holding company with no material assets other than the stock of our subsidiaries, our ability to pay dividends will depend on the earnings and cash flow of our subsidiaries and their ability to pay dividends to us. If there is a substantial decline in the LPG carrier market, our earnings would be negatively affected thus limiting our ability to pay dividends. Marshall Islands law generally prohibits the p
ayment of dividends other than from surplus or while a company is insolvent or if it would be rendered insolvent upon the payment thereof.</font>
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<font style="opacity:100; position:relative; ">Marshall Islands Law and Our Articles of Incorporation and Bylaws</font>
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<font style="opacity:100; position:relative; ">Our articles of incorporation and bylaws do not impose any limitations on the ownership rights of our stockholders. Under our bylaws, annual stockholder meetings will be held at a time and place selected by our Board of Directors. The meetings may be held in or outside of the Marshall Islands. Special meetings may be called by the Board of Directors. Our Board of Directors may set a record date between 15 and 60 days before the date of any meeting to determine the stockholders that will be eligible to receive notice and vote at the meeting.</font>
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<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Directors.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;Our directors are elected by a plurality of the votes cast at a meeting of the stockholders by the holders of shares entitled to vote in the election. There is no provision for cumulative voting. The Board of Directors may change the number of directors by a vote of a majority of the entire board. Each director shall be elected to serve until his successor shall have been duly elected and qualified, except in the event of his death, resignation, removal, or the earlier termination of his term of office. The Board of Directors has the authority to fix the amounts which shall be payable to the members of our Board of Directors for attendance at any meeting or for services rendered to us.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">19</p>
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<a name="page20"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Dissenters&rsquo; Rights of Appraisal and Payment.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;Under the Marshall Island&rsquo;s Business Corporations Act (&lsquo;&lsquo;BCA&rsquo;&rsquo;), our stockholders have the right to dissent from various corporate actions, including any merger or sale of all or substantially all of our assets not made in the usual course of our business, and receive payment of the fair value of their shares. In the event of any further amendment of our articles of incorporation, a stockholder also has the right to dissent and receive payment for his or her shares if the amendment alters certain rights in respect of those shares. The dissenting stockholder must follow the procedures set forth in the BCA to receive payment. In the event that we and any dissenting stockholder fail to agree on a price for the shares, the BCA procedures involve, among other things, the i
nstitution of proceedings in the circuit court in the judicial circuit in the Marshall Islands in which our Marshall Islands office is situated. The value of the shares of the dissenting stockholder is fixed by the court after reference, if the court so elects, to the recommendations of a court-appointed appraiser.</font>
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<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Stockholders&rsquo; Derivative Actions.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;Under the BCA, any of our stockholders may bring an action in our name to procure a judgment in our favor, also known as a derivative action, provided that the stockholder bringing the action is a holder of common stock both at the time the derivative action is commenced and at the time of the transaction to which the action relates.</font>
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<font style="opacity:100; position:relative; ">Anti-takeover Provisions of our Charter Documents</font>
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<font style="opacity:100; position:relative; ">General</font>
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<font style="opacity:100; position:relative; ">Several provisions of our articles of incorporation and bylaws may have anti-takeover effects. These provisions are intended to avoid costly takeover battles, lessen our vulnerability to a hostile change of control and enhance the ability of our Board of Directors to maximize stockholder value in connection with any unsolicited offer to acquire us. However, these anti-takeover provisions, which are summarized below, could also discourage, delay or prevent (1) the merger or acquisition of our company by means of a tender offer, a proxy contest or otherwise, that a stockholder may consider in its best interest and (2) the removal of incumbent officers and directors.</font>
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<font style="opacity:100; position:relative; ">Blank Check Preferred Stock</font>
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<font style="opacity:100; position:relative; ">Under the terms of our articles of incorporation, our Board of Directors has authority, without any further vote or action by our stockholders, to issue up to 5,000,000 shares of blank check preferred stock. Our Board of Directors may issue shares of preferred stock on terms calculated to discourage, delay or prevent a change of control of our company or the removal of our management.</font>
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<font style="opacity:100; position:relative; ">Classified Board of Directors</font>
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<font style="opacity:100; position:relative; ">Our articles of incorporation provide for a Board of Directors serving staggered, three-year terms. Approximately one-third of our Board of Directors will be elected each year. This classified board provision could discourage a third party from making a tender offer for our shares or attempting to obtain control of our company. It could also delay stockholders who do not agree with the policies of the Board of Directors from removing a majority of the Board of Directors for two years.</font>
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<font style="opacity:100; position:relative; ">Election and Removal of Directors</font>
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<font style="opacity:100; position:relative; ">Our articles of incorporation and bylaws prohibit cumulative voting in the election of directors. Our bylaws require parties other than the Board of Directors to give advance written notice of nominations for the election of directors. Our bylaws also provide that our directors may be removed only for cause and only upon the affirmative vote of the holders of at least 80% of the outstanding shares of our capital stock entitled to vote for those directors. These provisions may discourage, delay or prevent the removal of incumbent officers and directors.</font>
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<font style="opacity:100; position:relative; ">Calling of Special Meetings of Stockholders</font>
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<font style="opacity:100; position:relative; ">Our bylaws provide that special meetings of our stockholders may be called only by resolution of our board of directors.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">20</p>
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<a name="page21"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">Advance Notice Requirements for Stockholder Proposals and Director Nominations</font>
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<font style="opacity:100; position:relative; ">Our bylaws provide that stockholders seeking to nominate candidates for election as directors or to bring business before an annual meeting of stockholders must provide timely notice of their proposal in writing to the corporate secretary.</font>
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<font style="opacity:100; position:relative; ">Generally, to be timely, a stockholder&rsquo;s notice must be received at our principal executive offices not less than 90 days nor more than 120 days prior to the first anniversary date of the date on which we first mailed our proxy materials for the previous year&rsquo;s annual meeting. Our bylaws also specify requirements as to the form and content of a stockholder&rsquo;s notice. These provisions may impede stockholders&rsquo; ability to bring matters before an annual meeting of stockholders or make nominations for directors at an annual meeting of stockholders.</font>
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<font style="opacity:100; position:relative; ">Business Combinations</font>
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<font style="opacity:100; position:relative; ">Although the BCA does not contain specific provisions regarding &lsquo;&lsquo;business combinations&rsquo;&rsquo; between companies organized under the laws of the Marshall Islands and &lsquo;&lsquo;interested stockholders,&rsquo;&rsquo; we have included these provisions in our articles of incorporation. Specifically, our articles of incorporation prohibit us from engaging in a &lsquo;&lsquo;business combination&rsquo;&rsquo; with certain persons for three years following the date the person becomes an interested stockholder. Interested stockholders generally include:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">persons who are the beneficial owners of 15% or more of the outstanding voting stock of the corporation; and</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">persons who are affiliates or associates of the corporation and who hold 15% or more of the corporation&rsquo;s outstanding voting stock at any time within three years before the date on which the person&rsquo;s status as an interested stockholder is determined.</font></td>
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<font style="opacity:100; position:relative; ">Subject to certain exceptions, a business combination includes, among other things:</font>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">certain mergers or consolidations of the corporation or any direct or indirect majority-owned subsidiary of the company;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the sale, lease, exchange, mortgage, pledge, transfer or other disposition of assets having an aggregate market value equal to 10% or more of either the aggregate market value of all assets of the corporation, determined on a consolidated basis, or the aggregate value of all the outstanding stock of the corporation;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">certain transactions that result in the issuance or transfer by the corporation of any stock of the corporation to the interested stockholder;</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any transaction involving the corporation that has the effect of increasing the proportionate share of the stock of any class or series, or securities convertible into the stock of any class or series, of the corporation that is owned directly or indirectly by the interested stockholder; and</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any receipt by the interested stockholder of the benefit (except as a stockholder) of any loans, advances, guarantees, pledges or other financial benefits provided by or through the corporation.</font></td>
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<font style="opacity:100; position:relative; ">These provisions of our articles of incorporation do not apply to a business combination if:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">before a person becomes an interested stockholder, the board of directors of the corporation approves the business combination or transaction in which the stockholder became an interested stockholder;</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">upon consummation of the transaction that resulted in the interested stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced, other than certain excluded shares; or</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">21</p>
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<a name="page22"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="24"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">following a transaction in which the person became an interested stockholder, the business combination is (a) approved by the board of directors of the corporation and (b) authorized at a regular or special meeting of stockholders, and not by written consent, by the vote of the holders of at least two-thirds of the voting stock of the corporation not owned by the stockholder; or</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the stockholder was or became an interested stockholder prior to the consummation of our initial public offering.</font></td>
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<font style="opacity:100; position:relative; ">Transfer Agent and Registrar</font>
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<font style="opacity:100; position:relative; ">American Stock Transfer &amp; Trust Company serves as transfer agent and registrar for our common stock.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">22</p>
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<a name="page23"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">FORM, EXCHANGE AND TRANSFER</font>
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<font style="opacity:100; position:relative; ">We will issue securities only in registered form; no securities will be issued in bearer form. We will issue each security other than common stock and preferred stock in book-entry form only, unless otherwise specified in the applicable prospectus supplement. We will issue common stock and preferred stock in both certificated and book-entry form, unless otherwise specified in the applicable prospectus supplement. Securities in book-entry form will be represented by a global security registered in the name of a depositary, which will be the holder of all the securities represented by the global security. Those who own beneficial interests in a global security will do so through participants in the depositary&rsquo;s system, and the rights of these indirect owners will be governed solely by the applicable procedures of the depositary and its participants. Only the depositary will be entitled to transfer or exchange a security in global form, since it will be the s
ole holder of the security. These book-entry securities are described below under &lsquo;&lsquo;Book-Entry Procedures and Settlement&rsquo;&rsquo;.</font>
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<font style="opacity:100; position:relative; ">If any securities are issued in non-global form or cease to be book-entry securities (in the circumstances described in the next section), the following will apply to them:</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">The securities will be issued in fully registered form in denominations stated in the prospectus supplement. You may exchange securities for securities of the same series in smaller denominations or combined into fewer securities of the same series of larger denominations, as long as the total amount is not changed.</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">You may exchange, transfer, present for payment or exercise securities at the office of the relevant indenture trustee or agent indicated in the prospectus supplement. You may also replace lost, stolen, destroyed or mutilated securities at that office. We may appoint another entity to perform these functions or may perform them itself.</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">You will not be required to pay a service charge to transfer or exchange your securities, but you may be required to pay any tax or other governmental charge associated with the transfer or exchange. The transfer or exchange, and any replacement, will be made only if our transfer agent is satisfied with your proof of legal ownership. The transfer agent may also require an indemnity before replacing any securities.</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">If we have the right to redeem, accelerate or settle any securities before their maturity or expiration, and we exercise that right as to less than all those securities, we may block the transfer or exchange of those securities during the period beginning 15 days before the day we mail the notice of exercise and ending on the day of that mailing, in order to freeze the list of holders to prepare the mailing. We may also refuse to register transfers of or exchange any security selected for early settlement, except that we will continue to permit transfers and exchanges of the unsettled portion of any security being partially settled.</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">If fewer than all of the securities represented by a certificate that are payable or exercisable in part are presented for payment or exercise, a new certificate will be issued for the remaining amount of securities.</font></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">BOOK-ENTRY PROCEDURES AND SETTLEMENT</font>
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<font style="opacity:100; position:relative; ">Most offered securities will be book-entry (global) securities. Upon issuance, all book-entry securities will be represented by one or more fully registered global securities, without coupons. Each global security will be deposited with, or on behalf of, The Depository Trust Company, which we refer to as DTC, a securities depository, and will be registered in the name of DTC or a nominee of DTC. DTC will thus be the only registered holder of these securities.</font>
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<font style="opacity:100; position:relative; ">Purchasers of securities may only hold interests in the global notes through DTC if they are participants in the DTC system. Purchasers may also hold interests through a securities intermediary &ndash;&nbsp;banks, brokerage houses and other institutions that maintain securities accounts for customers &ndash; that has an account with DTC or its nominee. DTC will maintain accounts showing the security holdings of its participants, and these participants will in turn maintain accounts showing the security holdings of their customers. Some of these customers may themselves be securities intermediaries holding </font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">23</p>
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<a name="page24"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">
securities for their customers. Thus, each beneficial owner of a book-entry security will hold that security indirectly through a hierarchy of intermediaries, with DTC at the top and the beneficial owner&rsquo;s own securities intermediary at the bottom.</font>
</p>
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<font style="opacity:100; position:relative; ">The securities of each beneficial owner of a book-entry security will be evidenced solely by entries on the books of the beneficial owner&rsquo;s securities intermediary. The actual purchaser of the securities will generally not be entitled to have the securities represented by the global securities registered in its name and will not be considered the owner under the declaration. In most cases, a beneficial owner will also not be able to obtain a paper certificate evidencing the holder&rsquo;s ownership of securities. The book-entry system for holding securities eliminates the need for physical movement of certificates and is the system through which most publicly traded common stock is held in the United States. However, the laws of some jurisdictions require some purchasers of securities to take physical delivery of their securities in definitive form. These laws may impair the ability to transfer book-entry securities.</font>
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<font style="opacity:100; position:relative; ">A beneficial owner of book-entry securities represented by a global security may exchange the securities for definitive (paper) securities only if:</font>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">DTC is unwilling or unable to continue as depositary for such global security and we do not appoint a qualified replacement for DTC within 90 days; or</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">DTC has ceased to be a clearing agency registered under the Exchange Act;</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">there shall have occurred and be continuing an event of default (as defined in the applicable indenture) with respect to such global security; or</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">we in our sole discretion decide to allow some or all book-entry securities to be exchangeable for definitive securities in registered form.</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Unless we indicate otherwise, any global security that is exchangeable will be exchangeable in whole for definitive securities in registered form, with the same terms and of an equal aggregate principal amount. Definitive securities will be registered in the name or names of the person or persons specified by DTC in a written instruction to the registrar of the securities. DTC may base its written instruction upon directions that it receives from its participants.</font>
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<font style="opacity:100; position:relative; ">In this prospectus, for book-entry securities, references to actions taken by security holders will mean actions taken by DTC upon instructions from its participants, and references to payments and notices of redemption to security holders will mean payments and notices of redemption to DTC as the registered holder of the securities for distribution to participants in accordance with DTC&rsquo;s procedures.</font>
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<font style="opacity:100; position:relative; ">DTC is a limited purpose trust company organized under the laws of the State of New York, a member of the Federal Reserve System, a clearing corporation within the meaning of the New York Uniform Commercial Code and a clearing agency registered under section 17A of the Securities Exchange Act of 1934. The rules applicable to DTC and its participants are on file with the SEC.</font>
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<font style="opacity:100; position:relative; ">We will not have any responsibility or liability for any aspect of the records relating to, or payments made on account of, beneficial ownership interest in the book-entry securities or for maintaining, supervising or reviewing any records relating to the beneficial ownership interests.</font>
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<font style="opacity:100; position:relative; ">SELLING SHAREHOLDERS</font>
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<font style="opacity:100; position:relative; ">This prospectus also covers 6,400,000 shares of common stock which may be sold by or on behalf of selling stockholders or by their pledgees, donees, transferees or other successors in interest, who will be named in a supplement to this prospectus. The 6,400,000 shares of common stock were issued by us in transactions exempt from the registration requirements of the Securities Act. The selling stockholders, including their respective transferees, pledges or donees or their successors, may from time to time offer and sell any or all of the 6,400,000 shares of common stock pursuant to this prospectus, as supplemented.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">24</p>
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<a name="page25"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">PLAN OF DISTRIBUTION</font>
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<font style="opacity:100; position:relative; ">The securities being offered by this prospectus may be sold:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">through agents,</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">to or through one or more underwriters on a firm commitment or best efforts basis,</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">through put or call option transactions relating to the securities,</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">through broker-dealers (acting as agent or principal),</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">directly to purchasers, through a specific bidding or auction process or otherwise, or</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">through a combination of any such methods of sale.</font></td>
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<font style="opacity:100; position:relative; ">The prospectus supplement will set forth the terms of the offering of such securities, including:</font>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the name or names of any underwriters, dealers or agents and the amounts of securities underwritten or purchased by each of them,</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the public offering price of the securities and the proceeds to us and any discounts, commissions or concessions allowed or reallowed or paid to dealers,</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">any securities exchanges on which the securities may be listed, and</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">the names of any selling securityholders and the number or amount of securities being offered by them.</font></td>
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<font style="opacity:100; position:relative; ">Any public offering price and any discounts or concessions allowed or reallowed or paid to dealers may be changed from time to time.</font>
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<font style="opacity:100; position:relative; ">In compliance with the guidelines of the National Association of Securities Dealers, Inc., or NASD, the maximum commission or discount to be received by any NASD member or independent broker dealer may not exceed 8% of the aggregate principal amount of securities offered pursuant to this prospectus. We anticipate, however, that the maximum commission or discount to be received in any particular offering of securities will be less than this amount.</font>
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<font style="opacity:100; position:relative; ">The distribution of securities may be effected from time to time in one or more transactions, including block transactions and transactions on the Nasdaq Global Market or any other organized market where the securities may be traded. The securities may be sold at a fixed price or prices, which may be changed, or at market prices prevailing at the time of sale, at prices relating to the prevailing market prices or at negotiated prices. The consideration may be cash or another form negotiated by the parties. Agents, underwriters or broker-dealers may be paid compensation for offering and selling the securities. That compensation may be in the form of discounts, concessions or commissions to be received from us or the selling stockholders or from the purchasers of the securities. Any selling stockholders and dealers and agents participating in the distribution of the securities may be deemed to be underwriters, and compensation received by them on resale of the sec
urities may be deemed to be underwriting discounts. If any selling stockholders or such dealers or agents were deemed to be underwriters, they may be subject to statutory liabilities under the Securities Act.</font>
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<font style="opacity:100; position:relative; ">Agents may from time to time solicit offers to purchase the securities. If required, we will name in the applicable prospectus supplement any agent involved in the offer or sale of the securities and set forth any compensation payable to the agent. Unless otherwise indicated in the prospectus supplement, any agent will be acting on a best efforts basis for the period of its appointment. Any agent selling the securities covered by this prospectus may be deemed to be an underwriter, as that term is defined in the Securities Act, of the securities.</font>
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<font style="opacity:100; position:relative; ">If underwriters are used in a sale, securities will be acquired by the underwriters for their own account and may be resold from time to time in one or more transactions, including negotiated transactions, at a fixed public offering price or at varying prices determined at the time of sale, or under delayed delivery contracts or other contractual commitments. Securities may be offered to the public either through underwriting syndicates represented by one or more managing underwriters or </font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">25</p>
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<a name="page26"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">
directly by one or more firms acting as underwriters. If an underwriter or underwriters are used in the sale of securities, an underwriting agreement will be executed with the underwriter or underwriters, as well as any other underwriter or underwriters, with respect to a particular underwritten offering of securities, and will set forth the terms of the transactions, including compensation of the underwriters and dealers and the public offering price, if applicable. The prospectus and prospectus supplement will be used by the underwriters to resell the securities.</font>
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<font style="opacity:100; position:relative; ">If a dealer is used in the sale of the securities, we, any selling stockholder or an underwriter will sell the securities to the dealer, as principal. The dealer may then resell the securities to the public at varying prices to be determined by the dealer at the time of resale. To the extent required, we will set forth in the prospectus supplement the name of the dealer and the terms of the transactions.</font>
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<font style="opacity:100; position:relative; ">We or a selling stockholder may directly solicit offers to purchase the securities and may make sales of securities directly to institutional investors or others. These persons may be deemed to be underwriters within the meaning of the Securities Act with respect to any resale of the securities. To the extent required, the prospectus supplement will describe the terms of any such sales, including the terms of any bidding or auction process, if used.</font>
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<font style="opacity:100; position:relative; ">Agents, underwriters and dealers may be entitled under agreements which may be entered into with us or a selling stockholder to indemnification by us or the selling stockholder against specified liabilities, including liabilities incurred under the Securities Act, or to contribution by us and/or the selling stockholder to payments they may be required to make in respect of such liabilities. If required, the prospectus supplement will describe the terms and conditions of the indemnification or contribution. Some of the agents, underwriters or dealers, or their affiliates may be customers of, engage in transactions with or perform services for us or our subsidiaries.</font>
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<font style="opacity:100; position:relative; ">Under the securities laws of some jurisdictions, the securities offered by this prospectus may be sold in those jurisdictions only through registered or licensed brokers or dealers.</font>
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<font style="opacity:100; position:relative; ">Any person participating in the distribution of common stock registered under the registration statement that includes this prospectus will be subject to applicable provisions of the Exchange Act, and the applicable SEC rules and regulations, including, among others, Regulation M, which may limit the timing of purchases and sales of any of our common stock by that person. Furthermore, Regulation M may restrict the ability of any person engaged in the distribution of our common stock to engage in market-making activities with respect to our common stock. These restrictions may affect the marketability of our common stock and the ability of any person or entity to engage in market-making activities with respect to our common stock.</font>
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<font style="opacity:100; position:relative; ">Certain persons participating in an offering may engage in over-allotment, stabilizing transactions, short-covering transactions and penalty bids that stabilize, maintain or otherwise affect the price of the offered securities. These activities may maintain the price of the offered securities at levels above those that might otherwise prevail in the open market, including by entering stabilizing bids, effecting syndicate covering transactions or imposing penalty bids, each of which is described below.</font>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">A stabilizing bid means the placing of any bid, or the effecting of any purchase, for the purpose of pegging, fixing or maintaining the price of a security.</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
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<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">A syndicate covering transaction means the placing of any bid on behalf of the underwriting syndicate or the effecting of any purchase to reduce a short position created in connection with the offering.</font></td>
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="552"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">&bull;</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 3pt; padding-bottom: 3pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 418pt;"><font style="opacity:100; position:relative; ">A penalty bid means an arrangement that permits the managing underwriter to reclaim a selling concession from a syndicate member in connection with the offering when offered securities originally sold by the syndicate member are purchased in syndicate covering transactions.</font></td>
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<font style="opacity:100; position:relative; ">These transactions may be effected on an exchange or automated quotation system, if the securities are listed on that exchange or admitted for trading on that automated quotation system, or in the over-the-counter market or otherwise.</font>
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<font style="opacity:100; position:relative; ">If so indicated in the applicable prospectus supplement, we or a selling stockholder will authorize agents, underwriters or dealers to solicit offers from certain types of institutions to purchase offered </font>
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<font style="opacity:100; position:relative; ">
securities from us or a selling stockholder at the public offering price set forth in such prospectus supplement pursuant to delayed delivery contracts providing for payment and delivery on a specified date in the future. Such contracts will be subject only to those conditions set forth in the prospectus supplement and the prospectus supplement will set forth the commission payable for solicitation of such contracts.</font>
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<font style="opacity:100; position:relative; ">In addition, common stock may be issued upon conversion of or in exchange for debt securities or preferred stock.</font>
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<font style="opacity:100; position:relative; ">Each series of offered securities, other than the common stock which is listed on the Nasdaq Global Market, will be a new issue of securities and will have no established trading market. Any underwriters to whom offered securities are sold for public offering and sale may make a market in such offered securities, but such underwriters will not be obligated to do so and may discontinue any market making at any time without notice. The offered securities may or may not be listed on a national securities exchange. No assurance can be given that there will be a market for the offered securities.</font>
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<font style="opacity:100; position:relative; ">In connection with the sales of the common stock, a selling stockholder may enter into forward sale or hedging transactions with broker-dealers. These broker-dealers may in turn engage in short sales of the common stock in the course of hedging their positions. A selling stockholder may also sell short the common stock and deliver common stock to close out short positions, or loan or pledge the common stock to broker-dealers or others that, in turn, may sell the common stock.</font>
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<font style="opacity:100; position:relative; ">Any shares of common stock that qualify for sale pursuant to Rule 144 of the Securities Act, or Regulation S under the Securities Act, may be sold under Rule 144 or Regulation S rather than pursuant to this prospectus.</font>
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<font style="opacity:100; position:relative; ">To the extent that we or a selling stockholder makes sales to or through one or more underwriters or agents in at-the-market offerings, we will do so pursuant to the terms of a distribution agreement between us and the underwriters or agents. If we engage in at-the-market sales pursuant to a distribution agreement, we will issue and sell our common stock to or through one or more underwriters or agents, which may act on an agency basis or on a principal basis. During the term of any such agreement, we may sell shares on a daily basis in exchange transactions or otherwise as we agree with the underwriters or agents. The distribution agreement will provide that any shares of common stock sold will be sold at prices related to the then prevailing market prices for our common stock. Therefore, exact figures regarding proceeds that will be raised or commissions to be paid cannot be determined at this time and will be described in a prospectus supplement. Pursuant to 
the terms of the distribution agreement, we also may agree to sell, and the relevant underwriters or agents may agree to solicit offers to purchase, blocks of our common stock or other securities. The terms of each such distribution agreement will be set forth in more detail in a prospectus supplement to this prospectus.</font>
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<font style="opacity:100; position:relative; ">In the event that any underwriter or agent acts as principal, or broker-dealer acts as underwriter, it may engage in certain transactions that stabilize, maintain or otherwise affect the price of our securities. We will describe any such activities in the prospectus supplement relating to the transaction.</font>
</p>
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<font style="opacity:100; position:relative; ">Offers to purchase the securities offered by this prospectus may be solicited, and sales of the securities may be made, by us or a selling stockholder of those securities directly to institutional investors or others, who may be deemed to be underwriters within the meaning of the Securities Act with respect to any resales of the securities. The terms of any offer made in this manner will be included in the prospectus supplement relating to the offer.</font>
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<font style="opacity:100; position:relative; ">In connection with offerings made through underwriters or agents, we may enter into agreements with such underwriters or agents pursuant to which we receive our outstanding securities in consideration for the securities being offered to the public for cash. In connection with these arrangements, the underwriters or agents may also sell securities covered by this prospectus to hedge their positions in these outstanding securities, including in short sale transactions. If so, the underwriters or agents may use the securities received from us under these arrangements to close out any related open borrowings of securities.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">27</p>
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<a name="page28"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">One or more firms, referred to as &lsquo;&lsquo;remarketing firms,&rsquo;&rsquo; may also offer or sell the securities, if the prospectus supplement so indicates, in connection with a remarketing arrangement upon their purchase. Remarketing firms will act as principals for their own accounts or as agents for us or a selling stockholder. These remarketing firms will offer or sell the securities in accordance with a redemption or repayment pursuant to the terms of the securities. The prospectus supplement will identify any remarketing firm and the terms of its agreement, if any, with us or a selling stockholder and will describe the remarketing firm&rsquo;s compensation. Remarking firms may be deemed to be underwriters in connection with the securities they remarket. Remarketing firms may be entitled under agreements that may be entered into with us or any selling stockholder to indemnification by us or such selling stockholder against certain civil liabilities, i
ncluding liabilities under the Securities Act of 1933, as amended, and may be customers of, engage in transactions with or perform services for us or a selling stockholder in the ordinary course of business.</font>
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<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Issuer Forward Sale.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;We may enter into derivative transactions with third parties or sell securities not covered by this prospectus to third parties in privately negotiated transactions. If the applicable prospectus supplement indicates, in connection with those derivatives, such third parties (or affiliates of such third parties) may sell securities covered by this prospectus and the applicable prospectus supplement, including in short sale transactions. If so, such third parties (or affiliates of such third parties) may use securities pledged by us or borrowed from us or others to settle those sales or to close out any related open borrowings of shares, and may use securities received from us in settlement of those derivatives to close out any related open borrowings of shares. The third parties (or affiliates of such third parties) in such sale
 transactions will be underwriters and, if not identified in this prospectus, will be identified in the applicable prospectus supplement (or a post-effective amendment).</font>
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<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Share Borrow Facility.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;We or a selling stockholder may loan or pledge securities to a financial institution or other third party that in turn may sell the securities using this prospectus. Such financial institution or third party may transfer its short position to investors in our securities or in connection with a simultaneous offering of other securities offered by this prospectus or in connection with a simultaneous offering of other securities offered by this prospectus.</font>
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<font style="opacity:100; position:relative; ">LEGAL MATTERS</font>
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<font style="opacity:100; position:relative; ">The validity of the common stock that may be offered by this prospectus is being passed upon for us by Watson, Farley &amp; Williams (New York) LLP. The validity of the guarantees of our debt securities by our subsidiaries who may guarantee our debt securities is being passed upon for us by Watson, Farley &amp; Williams (New York) LLP as to matters of Marshall Islands law, Gauci Maistre &amp; Gauci Maistre as to matters of Maltese law and Emilios Lemonaris &ndash; Barrister at Law as to matters of Cypriot law. Certain matters of New York law are being passed on by Morgan, Lewis&nbsp;&amp; Bockius LLP, New York, New York.</font>
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<font style="opacity:100; position:relative; ">EXPERTS</font>
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<font style="opacity:100; position:relative; ">The consolidated financial statements of StealthGas Inc. appearing in StealthGas Inc.&rsquo;s Annual Report on Form&nbsp;20-F for the year ended December&nbsp;31, 2006, have been audited Deloitte Hadjipavlou, Sofianos &amp; Cambanis S.A., an independent registered public accounting firm, as indicated in their report with respect thereto, included therein, and incorporated herein by reference. Such consolidated financial statements are incorporated herein by reference in reliance upon such report given on the authority of such firm as experts in accounting and auditing.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">28</p>
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<page>
<a name="pageII-1"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">PART II</font>
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<font style="opacity:100; position:relative; ">INFORMATION NOT REQUIRED IN PROSPECTUS</font>
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<font style="opacity:100; position:relative; ">EXPENSES</font>
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<font style="opacity:100; position:relative; ">The following are the expenses estimated to be incurred by us in connection with a possible offering of $100.0&nbsp;million of the securities registered under this registration statement.</font>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">SEC Registration Fee</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">9,490</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Printing</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">125,000</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Legal Fees and Expenses</font></font></td>
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<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">200,000</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Accountants&rsquo; Fees and Expenses</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">150,000</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">NASD Fees</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">31,500</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Trustee&rsquo;s fees and expenses</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">10,000</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Miscellaneous Costs</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">72,585</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Total</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">598,575</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
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<font style="opacity:100; position:relative; ">ITEM&nbsp;8.&nbsp;&nbsp;&nbsp;&nbsp;INDEMNIFICATION OF DIRECTORS AND OFFICERS</font>
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<font style="opacity:100; position:relative; ">The Registrant is a Marshall Islands corporation. Section 60 of the Business Corporations Act of the Republic of the Marshall Islands (the &lsquo;&lsquo;BCA&rsquo;&rsquo;) provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that he is or was a director or officer of the corporation, or is or was serving at the request of the corporation as a director or officer of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys&rsquo; fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connection with such action, suit or proceeding if he acted in good faith and in a manner he reasonably believed to be in or
 not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction, or upon a plea of no contest, or its equivalent, shall not, of itself, create a presumption that the person did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had reasonable cause to believe his conduct was unlawful.</font>
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<font style="opacity:100; position:relative; ">A Marshall Islands corporation also has the power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director or officer of the corporation, or is or was serving at the request of the corporation as a director or officer of another corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys&rsquo; fees) actually and reasonably incurred by him or in connection with the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable for negligence or misconduct in 
the performance of his duty to the corporation unless and only to the extent that the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the court shall deem proper.</font>
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<font style="opacity:100; position:relative; ">To the extent that a director or officer of a Marshall Islands corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in the preceding paragraph, or in the defense of a claim, issue or matter therein, he shall be indemnified against </font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">II-1</p>
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<a name="pageII-2"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">
expenses (including attorneys&rsquo; fees) actually and reasonably incurred by him in connection therewith. Expenses incurred in defending a civil or criminal action, suit or proceeding may be paid in advance of the final disposition of such action, suit or proceeding as authorized by the board of directors in the specific case upon receipt of an undertaking by or on behalf of the director or officer to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the corporation as authorized under Section 60 of the BCA.</font>
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<font style="opacity:100; position:relative; ">Section 60 of the BCA also permits a Marshall Islands corporation to purchase and maintain insurance on behalf of any person who is or was a director or officer of the corporation or is or was serving at the request of the corporation as a director or officer against any liability asserted against him and incurred by him in such capacity whether or not the corporation would have the power to indemnify him against such liability under the provisions of Section 60 of the BCA.</font>
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<font style="opacity:100; position:relative; ">The indemnification and advancement of expenses provided by, or granted pursuant to, Section 60 of the BCA are not exclusive of any other rights to which those seeking indemnification and advancement of expenses may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in such person&rsquo;s official capacity and as to action in another capacity while holding such office. In this regard, the Registrant&rsquo;s Bylaws provide that such expenses (including attorneys&rsquo; fees) incurred by former directors and officers may be so paid upon such terms and conditions, if any, as the Registrant deems appropriate, and the board of directors may authorize the Registrant&rsquo;s legal counsel to represent a present or former director or officer in any action, suit or proceeding, whether or not the Registrant is a party to such action, suit or proceeding. The Registrant&rsquo;s Bylaws further provide for i
ndemnification of directors and officers on the basis described above as being permitted by Section 60 of the BCA and provide, to the extent authorized from time to time by the board of directors of the Registrant, rights to indemnification and to the advancement of expenses to employees and agents of the corporation similar to those conferred to directors and officers of Registrant.</font>
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<font style="opacity:100; position:relative; ">The Registrant&rsquo;s Articles of Incorporation provide that no director shall have personal liability to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, but the liability of a director is not limited or eliminated (i) for any breach of the director&rsquo;s duty of loyalty to the Registrant or its stockholders; (ii) for acts or omissions not undertaken in good faith or which involve intentional misconduct or a knowing violation of law; or (iii) for any transaction from which the director derived an improper benefit.</font>
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<font style="opacity:100; position:relative; ">ITEM 9.&nbsp;&nbsp;&nbsp;&nbsp;EXHIBITS</font>
</p>
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<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="7"></td>
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<td><img src="spacer.gif" height="1" width="9.50"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit No.</font></font></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Description</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">1</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of underwriting agreement (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of senior indenture between StealthGas Inc. and Wells Fargo Bank, National Association, as trustee, with respect to the senior debt securities of StealthGas Inc.</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.2</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of subordinated indenture between StealthGas Inc. and Wells Fargo Bank, National Association, as trustee, with respect to the subordinated debt securities of StealthGas Inc.</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.3</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Common Stock Certificate (Incorporated by reference to Exhibit 4.1 to the Company&rsquo;s Registration Statement on Form F-1 (Registration No. 333-127905)).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.4</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of warrant agreement (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.5</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of senior debt security of StealthGas Inc. (included in Exhibit 4.1).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.6</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of subordinated debt security of StealthGas Inc. (included in Exhibit 4.2).</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">II-2</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="pageII-3"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font><img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 0px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="7"></td>
<td><img src="spacer.gif" height="1" width="7.50"></td>
<td><img src="spacer.gif" height="1" width="20"></td>
<td><img src="spacer.gif" height="1" width="9.50"></td>
<td><img src="spacer.gif" height="1" width="12"></td>
<td><img src="spacer.gif" height="1" width="504"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit No.</font></font></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Description</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.7</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Specimen preferred stock certificate (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.8</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Certificate of Designations (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.9</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of guarantee for senior debt securities (included in Exhibit 4.1).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.10</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of guarantee for subordinated debt securities (included in Exhibit 4.2).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.11</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of Warrant (included in Exhibit 4.4).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Watson, Farley &amp; Williams (New York) LLP (Marshall Islands counsel to the Company).*</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.2</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Morgan, Lewis &amp; Bockius LLP (United States counsel to the Company).*</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.3</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Gauci Maistre &amp; Gauci Maistre (Maltese counsel to the Company).*</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.4</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Emilios Lemonaris &ndash; Barrister at Law (Cypriot counsel to the Company).*</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">12</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Statement regarding computation of ratio of earnings to fixed charges.</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Independent Registered Public Accounting Firm.</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.2</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Watson, Farley &amp; Williams (New York) LLP (included in Exhibit 5.1).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.3</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Morgan, Lewis &amp; Bockius LLP (included in Exhibit 5.2).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.4</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Gauci Maistre &amp; Gauci Maistre (included in Exhibit 5.3.)</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.5</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Emilios Lemonaris &ndash; Barrister at Law (included in Exhibit 5.4.)</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">24</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Powers of Attorney (included on signature pages).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">25</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form T-1 statement of eligibility and qualification under the Trust Indenture Act of 1939 of Wells Fargo Bank, National Association, with respect to the senior indenture and the subordinated indenture.</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<td><img src="spacer.gif" width="1" height="8"></td>
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<td bgcolor="#000000"><img src="spacer.gif" height="1"><img src="spacer.gif" height="1" width="78"></td>
<td><img src="spacer.gif" height="1" width="524"></td>
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<td><img src="spacer.gif" height="8" width="1"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: 18pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">*</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">To be filed by amendment.</font></td>
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<font style="opacity:100; position:relative; ">ITEM 10.&nbsp;&nbsp;&nbsp;&nbsp;UNDERTAKINGS</font>
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<font style="opacity:100; position:relative; ">StealthGas Inc. hereby undertakes:</font>
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<font style="opacity:100; position:relative; ">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</font>
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<font style="opacity:100; position:relative; ">(i)&nbsp;&nbsp;&nbsp;&nbsp;to include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act of 1933;</font>
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<font style="opacity:100; position:relative; ">(ii)&nbsp;&nbsp;&nbsp;&nbsp;to reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule&nbsp;424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent change in the maximum aggregate offering price set forth in the &lsquo;&lsquo;Calculation of Registration Fee&rsquo;&rsquo; table in the effective registration statement; and</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">II-3</p>
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<a name="pageII-4"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">(iii)&nbsp;&nbsp;&nbsp;&nbsp;To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;</font>
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<font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">provided, however,</font><font style="opacity:100; position:relative; "> that paragraphs&nbsp;(i), (ii)&nbsp;and (iii)&nbsp;do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to Section&nbsp;13 or Section&nbsp;15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement, or is contained in a form of prospectus filed pursuant to Rule&nbsp;424(b) that is part of the registration statement.</font>
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<font style="opacity:100; position:relative; ">That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial </font><font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">bona&nbsp;fide</font><font style="opacity:100; position:relative; "> offering thereof.</font>
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<font style="opacity:100; position:relative; ">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</font>
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<font style="opacity:100; position:relative; ">To file a post-effective amendment to the Registration Statement to include any financial statements required by Item 8.A of Form 20-F at the start of any delayed offering or throughout a continuous offering. Financial Statements and information otherwise required by Section 10(a)(3) of the Securities Act need not be furnished, </font><font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">provided</font><font style="opacity:100; position:relative; "> that the registrant includes in the prospectus, by means of a post-effective amendment, financial statements required pursuant to this paragraph (A)(4) and other information necessary to ensure that all other information in the prospectus is at least&nbsp;as&nbsp;current as the date of those financial statements. Notwithstanding the foregoing, a post-effective&nbsp;amendment need not be filed to include financial statements and information required by Section&nbsp;10(a)(3) of the Secu
rities Act of 1933 or Rule 3-19 if such financial statements and information are contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 193 that are incorporated by reference in the registration statement.</font>
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<font style="opacity:100; position:relative; ">That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:</font>
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<font style="opacity:100; position:relative; ">(A)&nbsp;&nbsp;&nbsp;&nbsp;Each prospectus filed by a registrant pursuant to Rule&nbsp;424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and</font>
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<font style="opacity:100; position:relative; ">(B)&nbsp;&nbsp;&nbsp;&nbsp;Each prospectus required to be filed pursuant to Rule&nbsp;424(b)(2), (b)(5) or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule&nbsp;415(a)(1)(i), (vii)&nbsp;or (x)&nbsp;for the purpose of providing the information required by Section&nbsp;10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule&nbsp;430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which the prospectus relates, and the offering of such securities at that time sha
ll be deemed to be the initial </font><font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">bona fide</font><font style="opacity:100; position:relative; "> offering thereof. </font><font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">Provided</font><font style="opacity:100; position:relative; ">, </font><font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">however</font><font style="opacity:100; position:relative; ">, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in 
any such document immediately prior to such effective date.</font>
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<font style="opacity:100; position:relative; ">That, for the purpose of determining liability of a registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities, each undersigned registrant undertakes that in a primary offering of securities of an undersigned registrant pursuant to this registration statement, </font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">II-4</p>
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<font style="opacity:100; position:relative; ">
regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:</font>
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<font style="opacity:100; position:relative; ">(i)&nbsp;&nbsp;&nbsp;&nbsp;Any preliminary prospectus or prospectus of an undersigned registrant relating to the offering required to be filed pursuant to Rule&nbsp;424;</font>
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<font style="opacity:100; position:relative; ">(ii)&nbsp;&nbsp;&nbsp;&nbsp;Any free writing prospectus relating to the offering prepared by or on behalf of an undersigned registrant or used or referred to by an undersigned registrant;</font>
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<font style="opacity:100; position:relative; ">(iii)&nbsp;&nbsp;&nbsp;&nbsp;The portion of any other free writing prospectus relating to the offering containing material information about an undersigned registrant or its securities provided by or on behalf of an undersigned registrant; and</font>
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<font style="opacity:100; position:relative; ">(iv)&nbsp;&nbsp;&nbsp;&nbsp;Any other communication that is an offer in the offering made by an undersigned registrant to the purchaser.</font>
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<font style="opacity:100; position:relative; ">That, for purposes of determining any liability under the Securities Act of 1933, each filing of registrant&rsquo;s annual report pursuant to Section&nbsp;13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan&rsquo;s annual report pursuant to Section&nbsp;15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial </font><font style="opacity:100; position:relative; font-weight: normal; font-style: italic;">bona&nbsp;fide</font><font style="opacity:100; position:relative; "> offering thereof.</font>
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<font style="opacity:100; position:relative; ">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of each registrant pursuant to the foregoing provisions, or otherwise, each registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by a registrant of expenses incurred or paid by a director, officer or controlling person of a registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, that registrant will, unless in the opinion of its counsel has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whet
her such indemnification by it is against public policy as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such issue.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">II-5</p>
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<font style="opacity:100; position:relative; ">SIGNATURES</font>
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<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">STEALTHGAS INC.</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Harry N. Vafias&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
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<font style="opacity:100; position:relative; ">By:&nbsp;Harry N. Vafias</font>
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<font style="opacity:100; position:relative; ">Title: President and Chief Executive Officer</font></td>
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<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
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<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
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<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities indicated on June 15, 2007.</font>
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<td><img src="spacer.gif" height="1" width="218"></td>
<td><img src="spacer.gif" height="1" width="16"></td>
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<td style="font-family: serif; font-weight: bold; font-size: 8pt; font-style: normal; line-height: 12pt; border-bottom: 1px solid #000000;" align="center"><font style="opacity:100; position:relative; ">Signature</font></td>
<td></td>
<td style="font-family: serif; font-weight: bold; font-size: 8pt; font-style: normal; line-height: 12pt; border-bottom: 1px solid #000000;" align="center"><font style="opacity:100; position:relative; ">Title</font></td>
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<td><img src="spacer.gif" height="16" width="1"></td>
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<td valign="bottom" align="center" style="font-family: serif; font-weight: normal; font-size: 10pt; normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">/s/ Harry N. Vafias</font></td>
<td rowspan="3"></td>
<td valign="top" rowspan="3" style="font-family: serif; font-weight: normal; font-size: 10pt; font-style: normal; line-height: 12pt; " align="left"><font style="opacity:100; position:relative; ">Director, President and</font>
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<font style="opacity:100; position:relative; ">Chief Executive Officer</font>
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<font style="opacity:100; position:relative; ">(Principal Executive Officer)</font></td>
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<td style="border-top:1px solid #000000;height:1;"><img src="spacer.gif" height="1" width="1"></td>
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<td align="center" valign="top" style="font-family: serif; font-weight: normal;  font-size: 10pt ; font-style: normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">Harry N. Vafias</font></td>
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<td><img src="spacer.gif" height="16" width="1"></td>
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<td valign="bottom" align="center" style="font-family: serif; font-weight: normal; font-size: 10pt; normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">/s/ Andrew J. Simmons</font></td>
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<td valign="top" rowspan="3" style="font-family: serif; font-weight: normal; font-size: 10pt; font-style: normal; line-height: 12pt; " align="left"><font style="opacity:100; position:relative; ">Chief Financial Officer,</font>
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<font style="opacity:100; position:relative; ">Secretary and Treasurer</font>
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<font style="opacity:100; position:relative; ">(Principal Financial and</font>
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<font style="opacity:100; position:relative; ">Accounting Officer)</font></td>
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<td style="border-top:1px solid #000000;height:1;"><img src="spacer.gif" height="1" width="1"></td>
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<td align="center" valign="top" style="font-family: serif; font-weight: normal;  font-size: 10pt ; font-style: normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">Andrew J. Simmons</font></td>
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<td><img src="spacer.gif" height="16" width="1"></td>
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<td valign="bottom" align="center" style="font-family: serif; font-weight: normal; font-size: 10pt; normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">/s/ Michael G. Jolliffe</font></td>
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<td valign="top" rowspan="3" style="font-family: serif; font-weight: normal; font-size: 10pt; font-style: normal; line-height: 12pt; " align="left"><font style="opacity:100; position:relative; ">Chairman of the Board of Directors</font></td>
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<td style="border-top:1px solid #000000;height:1;"><img src="spacer.gif" height="1" width="1"></td>
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<td align="center" valign="top" style="font-family: serif; font-weight: normal;  font-size: 10pt ; font-style: normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">Michael G. Jolliffe</font></td>
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<td><img src="spacer.gif" height="16" width="1"></td>
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<td valign="bottom" align="center" style="font-family: serif; font-weight: normal; font-size: 10pt; normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">/s/ Markos Drakos</font></td>
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<td valign="top" rowspan="3" style="font-family: serif; font-weight: normal; font-size: 10pt; font-style: normal; line-height: 12pt; " align="left"><font style="opacity:100; position:relative; ">Director</font></td>
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<td style="border-top:1px solid #000000;height:1;"><img src="spacer.gif" height="1" width="1"></td>
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<td align="center" valign="top" style="font-family: serif; font-weight: normal;  font-size: 10pt ; font-style: normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">Markos Drakos</font></td>
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<td><img src="spacer.gif" height="16" width="1"></td>
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<td valign="bottom" align="center" style="font-family: serif; font-weight: normal; font-size: 10pt; normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">/s/ Thanassis J. Martinos</font></td>
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<td valign="top" rowspan="3" style="font-family: serif; font-weight: normal; font-size: 10pt; font-style: normal; line-height: 12pt; " align="left"><font style="opacity:100; position:relative; ">Director</font></td>
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<td style="border-top:1px solid #000000;height:1;"><img src="spacer.gif" height="1" width="1"></td>
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<td align="center" valign="top" style="font-family: serif; font-weight: normal;  font-size: 10pt ; font-style: normal; line-height: 12pt ; "><font style="opacity:100; position:relative; ">Thanassis J. Martinos</font></td>
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<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
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<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
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<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
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<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
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<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">ACCESS CONSULTANTS CO.</font></td>
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<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Petros Kiouranis&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Petros Kiouranis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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</table>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule 462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant to R
ule 462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Petros Kiouranis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Petros Kiouranis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
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</table>
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<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">ALEXIS SHIPHOLDING S.A.</font></td>
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</table>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ George Michalitsis&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: George Michalitsis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Michalitsis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Michalitsis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
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<td><img src="spacer.gif" height="10" width="1"></td>
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</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">ARACRUZ TRADING LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Tzimas Iosif&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;&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;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Tzimas Iosif</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tzimas Iosif</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tzimas Iosif</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">ATLAS INVESTMENTS S.A.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Mykoniati Maria&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Mykoniati Maria</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">AUBINE SERVICES LTD.</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Myrsini Parsali&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Myrsini Parsali</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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</table>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
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<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
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</table>
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<hr width="760" style="padding-left: 0pt;" align="left">
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<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">BALCAN PROFIT LIMITED</font></td>
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</table>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Dionissia Niskopoulou&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;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Dionissia Niskopoulou</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="middle" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
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<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">BALKAN HOLDING INC.</font></td>
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</table>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Sideris Emmanouil&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Sideris Emmanouil</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Sideris Emmanouil</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Sideris Emmanouil</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">BARONESS HOLDINGS INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Mykoniati Maria&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Mykoniati Maria</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">CEDRIC FINANCE INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Danilo M.&nbsp;Orbizo&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Danilo M.&nbsp;Orbizo</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M.&nbsp;Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M.&nbsp;Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">CELIDON INVESTMENTS INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Perpinias Kyriakos&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Perpinias Kyriakos</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">CONTINENT GAS INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Sophia Galitopoulou&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Sophia Galitopoulou</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Sophia Galitopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Sophia Galitopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">DELORA TRADING COMPANY</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Mykoniati Maria&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Mykoniati Maria</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">DREW INTERNATIONAL INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ L. Bampilis&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;&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;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: L. Bampilis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ L. Bampilis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ L. Bampilis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June&nbsp;15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">EAST PROPANE INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Tzimas Pittakos&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;&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>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Tzimas Pittakos</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June&nbsp;15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tzimas Pittakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tzimas Pittakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June&nbsp;15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">EMPIRE SPIRIT LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Dionissia Niskopoulou&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Dionissia Niskopoulou</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June&nbsp;15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">ENERGETIC PENINSULA LIMITED</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Panagiotis Soumerbas&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Panagiotis Soumerbas</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Panagiotis Soumerbas</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Panagiotis Soumerbas</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June&nbsp;15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">EVOLUTION CRUDE INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ George Apostolopoulos&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;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: George Apostolopoulos</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Apostolopoulos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Apostolopoulos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June&nbsp;15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">FAIRDEAL ENTERPRISES CORP.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ George Michalitsis&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: George Michalitsis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June&nbsp;15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Michalitsis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Michalitsis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June&nbsp;15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">FLOYD PROPERTIES CO.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Myrsini Parsali&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Myrsini Parsali</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June&nbsp;15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June&nbsp;15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">GAZ DE BRAZIL INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ George Michalitsis&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: George Michalitsis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June&nbsp;15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Michalitsis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ George Michalitsis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">GENEVE BUTANE INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Petros Kiouranis&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Petros Kiouranis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Petros Kiouranis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Petros Kiouranis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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</div>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">GRAZIA MARITIME LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Ivan Axel Pahiyannis&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Ivan Axel Pahiyannis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Ivan Axel Pahiyannis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Ivan Axel Pahiyannis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">HEATHER TRADING S.A.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Danilo M.&nbsp;Orbizo&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Danilo M.&nbsp;Orbizo</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M. Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M. Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">ICELAND LIMITED</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/&nbsp;Tsapournis Georgios&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Tsapournis Georgios</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tsapournis Georgios</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tsapournis Georgios</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">INDEPENDENT TRADER LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">&nbsp;&nbsp;&nbsp;/s/&nbsp;&nbsp;&nbsp;Anna Bazoy&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;&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>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Anna Bazoy</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Anna Bazoy</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Anna Bazoy</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">INTERNATIONAL GASES INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">&nbsp;&nbsp;&nbsp;&nbsp;/s/&nbsp;&nbsp;&nbsp;Nikolaos Kioussis&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Nikolaos Kioussis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Nikolaos Kioussis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Nikolaos Kioussis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">INDUSTRIAL MATERIALS INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Irini Sendona&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Irini Sendona</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Irini Sendona</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Irini Sendona</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">JUNGLE INVESTMENT LIMITED</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ L. Bampilis&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;&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>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: L. Bampilis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ L. Bampilis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ L. Bampilis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">KALINDA SHIPMANAGEMENT LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">&nbsp;&nbsp;&nbsp;&nbsp;/s/&nbsp;&nbsp;&nbsp;Tsapournis Georgios&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;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Tsapournis Georgios</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tsapournis Georgios</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tsapournis Georgios</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">LEADER INVESTMENTS INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Balwinder Kumar&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Balwinder Kumar</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule 462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Balwinder Kumar</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Balwinder Kumar</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">LPGONE LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Mykoniati Maria&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Mykoniati Maria</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Mykoniati Maria</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi &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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">LYONET HOLDINGS CORP.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Irini Sendona&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Irini Sendona</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Irini Sendona</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Irini Sendona</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">MATRIX GAS TRADING LTD.</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"></td>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Danilo M.&nbsp;Orbizo&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Danilo M.&nbsp;Orbizo</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M. Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M. Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
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<hr width="760" style="padding-left: 0pt;" align="left">
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<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">MELVYN SERVICES COMPANY</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"></td>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Dionissia Niskopoulou&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>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Dionissia Niskopoulou</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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</table>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
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<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">NEUTRON MARINE CORP.</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Myrsini Parsali&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
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<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Myrsini Parsali</font>
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<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
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<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
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<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
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<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
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<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
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<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
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<hr width="760" style="padding-left: 0pt;" align="left">
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<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
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<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">NORTHERN YIELD SHIPPING LIMITED</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Danilo M.&nbsp;Orbizo&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Danilo M.&nbsp;Orbizo</font>
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<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
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<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M.&nbsp;Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Danilo M.&nbsp;Orbizo</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
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</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">OCEAN BLUE LIMITED</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Myrsini Parsali&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Myrsini Parsali</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">OSWALD TRADING LIMITED</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Perpinias Kyriakos&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Perpinias Kyriakos</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">OXFORD GAS LTD.</font></td>
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<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Perpinias Kyriakos&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Perpinias Kyriakos</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
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</table>
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<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PACIFIC GASES LTD.</font></td>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Ivan Axel Pahiyannis&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;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Ivan Axel Pahiyannis</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
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</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Ivan Axel Pahiyannis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Ivan Axel Pahiyannis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
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<td><img src="spacer.gif" height="10" width="1"></td>
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</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PETCHEM TRADING INC.</font></td>
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<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Christian Kkohn-Hansen&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Christian Kkohn-Hansen</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Christian Kkohn-Hansen</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Christian Kkohn-Hansen</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
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</div>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">QUINTA TRADING CO.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Dionissia Niskopoulou&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Dionissia Niskopoulou</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Dionissia Niskopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">REINA PROPERTIES CORP.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">&nbsp;&nbsp;&nbsp;&nbsp;/s/&nbsp;&nbsp;&nbsp;Anna Bazoy&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Anna Bazoy</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/&nbsp;&nbsp;&nbsp;Anna Bazoy</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/&nbsp;&nbsp;&nbsp;Anna Bazoy</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">SABRINA ENTERPRISES S.A.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Tzimas Iosif&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Tzimas Iosif</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tzimas Iosif</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Tzimas Iosif</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">SCOPE INTERNATIONAL INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Sophia Galitopoulou&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Sophia Galitopoulou</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Sophia Galitopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Sophia Galitopoulou</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">SEMICHLAUS EXPORTS LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Myrsini Parsali&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Myrsini Parsali</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Myrsini Parsali</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">SOLEIL TRUST INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Andrew Simmons&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Andrew Simmons</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Andrew Simmons</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Andrew Simmons</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">SOMER SHIPMANAGEMENT S.A.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Perpinias Kyriakos&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Perpinias Kyriakos</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="b" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">TRANSGALAXY INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Panagiotis Soumerbas&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Panagiotis Soumerbas</font>
<br>
<font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full&nbsp;power of substitution and resubstitution for him and in his name, place and stead, in any and all&nbsp;capacities, to sign any or all amendments or supplements to this Registration Statement, whether&nbsp;pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration stat
ements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Panagiotis Soumerbas</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Panagiotis Soumerbas</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">TRIATHLON INC.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Ivan Axel Pahiyannis&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;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Ivan Axel Pahiyannis</font>
<br>
<font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Ivan Axel Pahiyannis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Ivan Axel Pahiyannis</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">VCM TRADING LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Balwinder Kumar&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Balwinder Kumar</font>
<br>
<font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Balwinder Kumar</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Balwinder Kumar</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">SIGNATURES</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, the undersigned Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-3 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">VENTSPILS GASES LTD.</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">By:&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Perpinias Kyriakos&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; "> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Perpinias Kyriakos</font>
<br>
<font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Director</font></td>
</tr>
</table>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">POWER OF ATTORNEY</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Each person whose signature appears below hereby constitutes and appoints each of Harry N. Vafias and Andrew J. Simmons, acting alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities, to sign any or all amendments or supplements to this Registration Statement, whether pre-effective or post-effective and any and all additional registration statements pursuant to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, and to file the same with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing necessary or appropriate to be done with respect to this Registration Statement or any amendments or supplements hereto or any and all additional registration statements pursuant
 to Rule&nbsp;462(b) of the Securities Act of 1933, as amended, in the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue thereof.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on June 15, 2007.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="293"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="293"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Signature</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Title</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Director</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">/s/ Perpinias Kyriakos</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer</font></font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">AUTHORIZED UNITED STATES REPRESENTATIVE</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this Registration Statement on June 15, 2007.</font>
</p>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">PUGLISI &amp; ASSOCIATES</font></td>
</tr>
</table>
</div>
<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
<tr>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="285"><img src="spacer.gif" height="1" width="285"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/s/ Donald J. Puglisi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font>
<br>
<font style="opacity:100; position:relative; ">Name: Donald J. Puglisi</font>
<br>
<font style="opacity:100; position:relative; ">Title: Managing Director</font></td>
</tr>
</table>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<a name="page"></a><font style="font-family:serif;font-weight:normal;color:#000000;font-size:8pt;  text-align: left; font-style: normal; line-height: 10pt; background-color: #ffffff"><a href="#toc">Table of Contents</a></font>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">INDEX TO EXHIBITS</font>
</p>
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<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
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<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="13"></td>
<td><img src="spacer.gif" height="1" width="12.50"></td>
<td><img src="spacer.gif" height="1" width="21"></td>
<td><img src="spacer.gif" height="1" width="6.00"></td>
<td><img src="spacer.gif" height="1" width="12"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 10pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit No.</font></font></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 10pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Description</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">1</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of underwriting agreement (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of senior indenture between StealthGas Inc. and Wells Fargo Bank, National Association, as trustee, with respect to the senior debt securities of StealthGas Inc.</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.2</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of subordinated indenture between StealthGas Inc. and Wells Fargo Bank, National Association, as trustee, with respect to the subordinated debt securities of StealthGas Inc.</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.3</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Common Stock Certificate (Incorporated by reference to Exhibit 4.1 to the Company&rsquo;s Registration Statement on Form F-1 (Registration No. 333-127905)).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.4</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of warrant agreement (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.5</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of senior debt security of StealthGas Inc. (included in Exhibit 4.1).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.6</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of subordinated debt security of StealthGas Inc. (included in Exhibit 4.2).</font></font></td>
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<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.7</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Specimen preferred stock certificate (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
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<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.8</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Certificate of Designations (to be filed as an exhibit to a report on Form 6-K and incorporated herein by reference).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.9</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of guarantee for senior debt securities (included in Exhibit 4.1).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.10</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of guarantee for subordinated debt securities (included in Exhibit 4.2).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">4</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.11</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form of Warrant (included in Exhibit 4.4).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Watson, Farley &amp; Williams (New York) LLP (Marshall Islands counsel to the Company).*</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.2</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Morgan, Lewis &amp; Bockius LLP (United States counsel to the Company).*</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.3</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Gauci Maistre &amp; Gauci Maistre (Maltese counsel to the Company).*</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">5</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.4</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Opinion of Emilios Lemonaris &ndash; Barrister at Law (Cypriot counsel to the Company).*</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">12</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Statement regarding computation of ratio of earnings to fixed charges.</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Independent Registered Public Accounting Firm.</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.2</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Watson, Farley &amp; Williams (New York) LLP (included in Exhibit 5.1).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.3</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Morgan, Lewis &amp; Bockius LLP (included in Exhibit 5.2).</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.4</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Gauci Maistre &amp; Gauci Maistre (included in Exhibit 5.3.)</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">23</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.5</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Consent of Emilios Lemonaris &ndash; Barrister at Law (included in Exhibit 5.4.)</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">24</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Powers of Attorney (included on signature pages).</font></font></td>
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<tr>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="top"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">25</font></td>
<td align="left" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top"><font style="opacity:100; position:relative; ">.1</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 10pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="top" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 10pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Form T-1 statement of eligibility and qualification under the Trust Indenture Act of 1939 of Wells Fargo Bank, National Association, with respect to the senior indenture and the subordinated indenture.</font></font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">To be filed by amendment.</font></td>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.1
<SEQUENCE>2
<FILENAME>file2.htm
<DESCRIPTION>FORM OF SENIOR INDENTURE
<TEXT>
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		<FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
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	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="font-size:10pt">the Subsidiary Guarantors named
		herein</FONT>
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		<FONT STYLE="font-size:10pt">and</FONT>
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		<FONT STYLE="FONT-SIZE:10PT">WELLS FARGO BANK, NATIONAL
		ASSOCIATION</FONT>
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		<FONT STYLE="font-size:10pt">Trustee</FONT>
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		<FONT STYLE="font-size:10pt">Dated as of _________ ___, 2007</FONT>
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				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Trust Indenture</FONT></B><BR>
				  <B><FONT STYLE="font-size:8pt">Act Section</FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Indenture Section</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="9%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;310</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="10%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD WIDTH="52%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD WIDTH="20%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(3)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(4)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(5)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.08</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;311</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.11</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.11</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;312</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;313</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.06</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.06</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.06</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(d)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;314</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.04</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(4)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">1.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.05</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)(1)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)(3)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(d)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(e)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;315</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.05</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(d)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(e)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;316</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.1</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)(A)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.12</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)(B)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.08</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.4</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;317</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.04</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;318</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">1.08</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">NOTE: This reconciliation and tie shall not,
		for any purpose, be deemed to be a part of the Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">2</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>

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				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
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				  <FONT SIZE="1">&nbsp;</FONT>
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				  <FONT SIZE="1">&nbsp;</FONT>
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				  <FONT SIZE="1">&nbsp;</FONT>
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				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
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		  <TR>
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				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE I
				  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">DEFINITIONS
				  AND OTHER PROVISIONS OF GENERAL APPLICATION</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Definitions</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Compliance Certificates and
				  Opinions</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">9</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Documents Delivered to
				  Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">9</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">No Adverse Interpretation of Other
				  Agreements; Use of English Language</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Acts of Holders; Record Dates</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notices, Etc., to Trustee, Company
				  and Subsidiary Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">12</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice to Holders; Waiver</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Conflict with Trust Indenture
				  Act</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Effect of Headings and Table of
				  Contents</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Successors and Assigns</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Separability Clause</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.12</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Benefits of Indenture</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.13</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Governing Law</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.14</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Legal Holidays</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.15</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Consent to Service;
				  Jurisdiction</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  II&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">SECURITY
				  AND SUBSIDIARY GUARANTEE FORMS</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">15</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Forms Generally</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">15</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Face of Security</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">15</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Reverse of Security</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">17</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Legend for Global
				  Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">22</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Trustee&#146;s Certificate
				  of Authentication</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">22</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Guarantee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">23</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  III&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">THE
				  SECURITIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">25</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Amount Unlimited; Issuable in
				  Series</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">25</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Denominations</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">28</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Execution, Authentication, Delivery
				  and Dating</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">28</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Temporary Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">30</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Registration, Registration of
				  Transfer and Exchange</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">30</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Mutilated, Destroyed, Lost and
				  Stolen Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">32</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>

<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">(continued)</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="15%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.07</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Payment of Interest; Interest Rights
				  Preserved</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">32</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Persons Deemed Owners</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Cancellation</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Computation of Interest</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">CUSIP Numbers</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE IV&nbsp;&nbsp;&nbsp;&nbsp;
				  </FONT><FONT STYLE="FONT-SIZE:10PT">SATISFACTION AND DISCHARGE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 4.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Satisfaction and Discharge of
				  Indenture</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 4.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Application of Trust Money</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">35</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  V&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
				  STYLE="FONT-SIZE:10PT">REMEDIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">36</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Events of Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">36</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Acceleration of Maturity; Rescission
				  and Annulment</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">37</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0.24in;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Collection of Indebtedness and Suits
				  for Enforcement by Trustee. The Company covenants that if:</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">39</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee May File Proofs of
				  Claim</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">39</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee May Enforce Claims Without
				  Possession of Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">40</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Application of Money
				  Collected</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">40</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Limitation on Suits</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">40</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0.24in;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Unconditional Right of Holders to
				  Receive Principal, Premium and Interest and to Convert</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Restoration of Rights and
				  Remedies</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Rights and Remedies
				  Cumulative</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Delay or Omission Not Waiver</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.12</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Control by Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.13</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Waiver of Past Defaults</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">42</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.14</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Undertaking for Costs</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">42</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.15</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Waiver of Usury, Stay or Extension
				  Laws</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">42</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  VI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">THE
				  TRUSTEE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">43</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Duties of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">43</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Rights of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">44</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Individual Rights of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">45</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee&#146;s Disclaimer</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">45</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">45</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">2</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">(continued)</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="15%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.06</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reports by Trustee to Holders</FONT>

				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">45</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Compensation and Indemnity</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">46</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Replacement of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">47</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Successor Trustee by Merger,
				  Etc</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Eligibility; Disqualification</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Preferential Collection of Claims
				  against Company</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  VII&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
				  STYLE="font-size:10pt">HOLDERS&#146; LISTS AND REPORTS BY TRUSTEE AND
				  COMPANY</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company to Furnish Trustee Names and
				  Addresses of Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Preservation of Information;
				  Communications to Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reports by Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reports by Company</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  VIII&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
				  STYLE="FONT-SIZE:10PT">CONSOLIDATION, AMALGAMATION, CONVEYANCE, TRANSFER OR
				  LEASE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 8.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company May Consolidate, Etc., Only
				  on Certain Terms</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 8.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Amalgamations, Mergers,
				  Consolidations and Certain Sales of Assets by Subsidiary Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">50</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 8.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Successor Corporation
				  Substituted</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">51</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  IX&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
				  STYLE="FONT-SIZE:10PT">SUPPLEMENTAL INDENTURES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">51</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Supplemental Indentures Without
				  Consent of Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">51</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Supplemental Indentures with Consent
				  of Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">53</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Execution of Supplemental
				  Indentures</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Effect of Supplemental
				  Indentures</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.05 Conformity with Trust
				  Indenture Act</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reference in Securities to
				  Supplemental Indentures</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  X&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
				  STYLE="FONT-SIZE:10PT">COVENANTS</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Payment of Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Maintenance of Office or
				  Agency</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">55</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Money for Securities Payments to Be
				  Held in Trust</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">55</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Corporate Existence</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">56</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Compliance Certificate; Notice of
				  Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">56</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  XI&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">REDEMPTION
				  OF SECURITIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Applicability of Article</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">3</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">(continued)</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="15%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.02</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Election to Redeem; Notice to
				  Trustee</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Selection by Trustee of Securities
				  to Be Redeemed</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Redemption</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">58</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Deposit of Redemption Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">59</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Securities Payable on Redemption
				  Date</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">59</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  XII&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">SINKING
				  FUNDS</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">59</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 12.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Applicability of Article</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">59</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 12.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Satisfaction of Sinking Fund
				  Payments with Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 12.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Redemption of Securities for Sinking
				  Fund</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  XIII&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
				  STYLE="FONT-SIZE:10PT">SUBSIDIARY GUARANTEE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Subsidiary Guarantee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Execution and Delivery of Subsidiary
				  Guarantees</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">62</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Subsidiary Guarantors May
				  Consolidate, Etc., on Certain Terms</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">62</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Release of Subsidiary
				  Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">63</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Additional Subsidiary
				  Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">64</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  XIV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">DEFEASANCE
				  AND COVENANT DEFEASANCE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">64</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company&#146;s Option to Effect
				  Defeasance or Covenant Defeasance</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">64</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Defeasance and Discharge</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">64</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Covenant Defeasance</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">65</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Conditions to Defeasance or Covenant
				  Defeasance</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">65</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Deposited Money and U.S. Government
				  Obligations to be Held in Trust; Other Miscellaneous Provisions</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">66</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reinstatement</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">67</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE
				  XV&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="FONT-SIZE:10PT">CONVERSION
				  OF SECURITIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">67</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Applicability; Conversion Privilege
				  and Conversion Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">67</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Exercise of Conversion Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">68</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Fractions of Shares</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">69</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Adjustment of Conversion
				  Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">69</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Adjustments of Conversion
				  Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">71</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Certain Corporate
				  Action</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">72</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company to Reserve Common
				  Stock</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">4</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>

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	 SIZE="2">
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	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">(continued)</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="15%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.08</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Taxes on Conversions</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Covenant as to Common Stock</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Cancellation of Converted
				  Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Provisions in Case of Consolidation,
				  Merger or Sale of Assets</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.12</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Responsibility of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">74</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:5%;">
		<FONT STYLE="font-size:10pt">INDENTURE, dated as of _________ ___, 2007,
		among StealthGas Inc., a Marshall Islands company (herein called the
		&#147;Company&#148;), having its principal office at 331 Kifissias Avenue,
		Erithrea 14561, Athens, Greece, each of the Subsidiary Guarantors named herein
		and Wells Fargo Bank, National Association, a national banking association, as
		trustee (herein called the &#147;Trustee&#148;).</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">RECITALS OF THE COMPANY AND SUBSIDIARY
		GUARANTORS</FONT></B>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:5%;">
		<FONT STYLE="font-size:10pt">The Company has duly authorized the
		execution and delivery of this Indenture to provide for the issuance from time
		to time of its unsecured debentures, notes or other evidences of indebtedness
		(herein called the &#147;Securities&#148;), to be issued in one or more series
		as in this Indenture provided.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:5%;">
		<FONT STYLE="font-size:10pt">The Company, directly or indirectly, owns
		beneficially all or substantially all of the Capital Stock of the entities set
		forth on the signature page attached hereto (the &#147;Subsidiary
		Guarantors&#148;); the Company and the Subsidiary Guarantors are members of the
		same consolidated group of companies and are engaged in related businesses; the
		Subsidiary Guarantors will derive direct and indirect economic benefits from
		the issuance of the Securities; accordingly, each of the Subsidiary Guarantors
		has duly authorized the execution and delivery of this Indenture to provide for
		the Subsidiary Guarantee (as hereinafter defined) by each of them with respect
		to the Securities as set forth in this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:5%;">
		<FONT STYLE="font-size:10pt">All things necessary to make this Indenture
		a valid and legally binding agreement of the Company and the Subsidiary
		Guarantors, in accordance with its terms, have been done.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:5%;">
		<FONT STYLE="FONT-SIZE:10PT">NOW, THEREFORE, THIS INDENTURE
		WITNESSETH:</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:5%;">
		<FONT STYLE="font-size:10pt">For and in consideration of the premises and
		the purchase of the Securities by the Holders thereof, it is mutually agreed,
		for the equal and proportionate benefit of all Holders of the Securities or of
		series thereof, as follows:</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="toc169525158"></A>ARTICLE
		I</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">DEFINITIONS AND OTHER
		PROVISIONS</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">OF GENERAL APPLICATION</FONT></B>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:5%;">
		<FONT STYLE="font-size:10pt">Section 1.01 </FONT><U><FONT
		STYLE="font-size:10pt">Definitions</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">5</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For all purposes of this Indenture, except
		as otherwise expressly provided or unless the context otherwise
		requires:</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the terms defined in this Article have
		the meanings assigned to them in this Article and include the plural as well as
		the singular;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) all other terms used herein which are
		defined in the Trust Indenture Act, either directly or by reference therein,
		have the meanings assigned to them therein;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) all accounting terms not otherwise
		defined herein have the meanings assigned to them in accordance with United
		States generally accepted accounting principles, and, except as otherwise
		herein expressly provided, the term GAAP with respect to any computation
		required or permitted hereunder shall mean such accounting principles as are
		generally accepted at the date of such computation;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the words &#147;Article&#148; and
		&#147;Section&#148; refer to an Article and Section, respectively, of this
		Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) the words &#147;herein&#148;,
		&#147;hereof&#148; and &#147;hereunder&#148; and other words of similar import
		refer to this Indenture as a whole and not to any particular Article, Section
		or other subdivision; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) certain terms used principally in
		Articles VI, X, XIII, and XIV, are defined in those Articles.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Act&#148;, when used with respect to
		any Holder, has the meaning specified in Section&nbsp;1.05.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Affiliate&#148; of any specified
		Person means any other Person directly or indirectly controlling or controlled
		by or under direct or indirect common control with such specified Person. For
		the purposes of this definition, &#147;control&#148; when used with respect to
		any specified Person means the power to direct the management and policies of
		such Person, directly or indirectly, whether through the ownership of voting
		securities, by contract or otherwise; and the terms &#147;controlling&#148; and
		&#147;controlled&#148; have meanings correlative to the foregoing.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Bankruptcy Law&#148; means Title 11,
		U.S. Code or any similar Federal, state or foreign law for the relief of
		debtors.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Board of Directors&#148; means, with
		respect to the Company or a Subsidiary Guarantor, either the board of directors
		of such Person or any duly authorized committee of that board.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Board Resolution&#148; means, with
		respect to the Company or a Subsidiary Guarantor, a copy of a resolution
		certified by the Secretary or an Assistant Secretary of such Person to have
		been duly adopted by its Board of Directors and to be in full force and effect
		on the date of such certification, and delivered to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:10%;">
		<FONT STYLE="font-size:10pt">&#147;Business Day&#148;, when used with
		respect to any Place of Payment, means each Monday, Tuesday, Wednesday,
		Thursday and Friday which is not a day on which banking </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">2</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:10%;">
		<FONT STYLE="font-size:10pt">institutions in that Place of Payment are
		authorized or obligated by law or executive order to close.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Capital Lease Obligation&#148; means,
		at any time any determination thereof is made, the amount of the liability in
		respect of a capital lease that would at such time be so required to be
		capitalized on the balance sheet in accordance with generally accepted
		accounting principles.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Capital Stock&#148;, as applied to the
		stock of any corporation, means the capital stock of every class whether now or
		hereafter authorized, regardless of whether such capital stock shall be limited
		to a fixed sum or percentage with respect to the rights of the holders thereof
		to participate in dividends and in the distribution of assets upon the
		voluntary or involuntary liquidation, dissolution or winding up of such
		corporation.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Commission&#148; means the Securities
		and Exchange Commission, from time to time constituted, created under the
		Exchange Act or, if at any time after the execution of this instrument such
		Commission is not existing and performing the duties now assigned to it under
		the Trust Indenture Act, then the body performing such duties at such
		time.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Common Stock&#148; includes any stock
		of any class of the Company which has no preference in respect of dividends or
		of amounts payable in the event of any voluntary or involuntary liquidation,
		dissolution or winding-up of the Company and which is not subject to redemption
		by the Company. However, subject to the provisions of Section 3.01(17) and (18)
		and Section 15.09, shares issuable on conversion of Securities shall include
		only shares of the class designated as Common Stock of the Company at the date
		of this instrument or shares of any class or classes resulting from any
		reclassification or reclassifications thereof and which have no preference in
		respect of dividends or of amounts payable in the event of any voluntary or
		involuntary liquidation, dissolution or winding-up of the Company and which are
		not subject to redemption by the Company; provided that if at any time there
		shall be more than one such resulting class, the shares of each such class then
		so issuable shall be substantially in the proportion which the total number of
		shares of such class resulting from all such reclassifications bears to the
		total number of shares of all such classes resulting from all such
		reclassifications.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Company&#148; means the Person named
		as the &#147;Company&#148; in the first paragraph of this instrument until a
		successor Person shall have become such pursuant to the applicable provisions
		of this Indenture, and thereafter &#147;Company&#148; shall mean such successor
		Person.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:10%;">
		<FONT STYLE="font-size:10pt">&#147;Company Request&#148; or &#147;Company
		Order&#148; means a written request or order signed in the name of the Company
		by its Chairman of the Board, Vice Chairman of the Board, its Chief Executive
		Officer, its President or a Vice President, and by its Chief Financial Officer,
		Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and
		delivered to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Corporate Trust Office&#148; means the
		principal office of the Trustee at which at any particular time its corporate
		trust business shall be administered, which office as of the date hereof is
		located at 625 Marquette Avenue, N9311-110, Minneapolis, MN 55479.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Corporation&#148; means a corporation,
		association, company, joint-stock company or business trust.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">3</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Covenant Defeasance&#148; has the
		meaning specified in Section 14.03.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Defaulted Interest&#148; has the
		meaning specified in Section 3.07.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Defeasance&#148; has the meaning
		specified in Section 14.02.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Defeasible Series&#148; has the
		meaning specified in Section 14.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Depositary&#148; means, with respect
		to Securities of any series issuable in whole or in part in the form of one or
		more Global Securities, a clearing agency registered under the Exchange Act
		that is designated to act as Depositary for such Securities as contemplated by
		Section 3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Event of Default&#148; has the meaning
		specified in Section 5.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Exchange Act&#148; means the
		Securities Exchange Act of 1934, as amended from time to time, and any statute
		successor thereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;GAAP&#148; means generally accepted
		accounting principles in the United States set forth in the opinions and
		pronouncements of the Accounting Principles Board of the American Standards
		Board or in such other statements by such other entity as have been approved by
		a significant segment of the accounting profession.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Global Security&#148; means a Security
		that evidences all or part of the Securities of any series and is authenticated
		and delivered to, and registered in the name of, the Depositary for such
		Securities or a nominee thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Guarantee&#148; or
		&#147;guarantee&#148; by any Person means any obligation, contingent or
		otherwise, of such Person guaranteeing any Indebtedness of any other Person
		(the &#147;primary obligor&#148;) in any manner, whether directly or
		indirectly, and including, without limitation, any obligation of such Person,
		(i) to purchase or pay (or advance or supply funds for the purchase or payment
		of) such Indebtedness or to purchase (or to advance or supply funds for the
		purchase of) any security for the payment of such Indebtedness, (ii) to
		purchase property, securities or services for the purpose of assuring the
		holder of such Indebtedness of the payment of such Indebtedness, or (iii) to
		maintain working capital, equity capital or other financial statement condition
		or liquidity of the primary obligor so as to enable the primary obligor to pay
		such Indebtedness (and &#147;Guaranteed&#148;, &#147;Guaranteeing&#148; and
		&#147;Guarantor&#148; shall have meanings correlative to the foregoing);
		</FONT><U><FONT STYLE="font-size:10pt">provided,</FONT></U><FONT
		STYLE="font-size:10pt"> </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		the Guarantee by any Person shall not include endorsements by such Person for
		collection or deposit, in either case, in the ordinary course of
		business.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Hedging Obligations&#148; means, with
		respect to any Person, the Obligations of such Person under interest rate swap
		agreements, interest rate cap agreements, and interest rate collar agreements,
		and other agreements or arrangements designed to protect such Person against
		fluctuations in interest rates.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Holder&#148; means a Person in whose
		name a Security is registered in the Security Register.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">4</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Indebtedness&#148; means, with respect
		to any Person, any indebtedness of such Person, whether or not contingent, in
		respect of borrowed money or evidenced by bonds, notes, debentures or similar
		instruments or letters of credit (or reimbursement agreements in respect
		thereof) or representing Capital Lease Obligations or the balance deferred and
		unpaid of the purchase price of any property or representing any Hedging
		Obligations, except any such balance that constitutes an accrued expense or
		trade payable, and all deferrals, renewals, extensions and refundings of
		obligations of any of the foregoing, if and to the extent any of the foregoing
		indebtedness (other than letters of credit and Hedging Obligations) would
		appear as a liability upon a balance sheet of such Person prepared in
		accordance with GAAP, and also includes, to the extent not otherwise included,
		the Guarantee of any indebtedness of such Person or any other Person.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Indenture&#148; means this instrument
		as originally executed or as it may from time to time be supplemented or
		amended by one or more indentures supplemental hereto entered into pursuant to
		the applicable provisions hereof, including, for all purposes of this
		instrument, and any such supplemental indenture, the provisions of the Trust
		Indenture Act that are deemed to be a part of and govern this instrument and
		any such supplemental indenture, respectively. The term &#147;Indenture&#148;
		shall also include the terms of particular series of Securities established as
		contemplated by Section 3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Interest&#148;, when used with respect
		to an Original Issue Discount Security which by its terms bears interest only
		after Maturity, means interest payable after Maturity.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:10%;">
		<FONT STYLE="font-size:10pt">&#147;Interest Payment Date&#148;, when used
		with respect to any Security, means the Stated Maturity of an installment of
		interest on such Security.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:10%;">
		<FONT STYLE="font-size:10pt">&#147;Lien&#148; means any mortgage, lien,
		pledge, charge, security interest, or other encumbrance of any kind, whether or
		not filed, recorded or otherwise perfected under applicable law.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Maturity&#148;, when used with respect
		to any Security, means the date on which the principal of such Security or an
		installment of principal becomes due and payable as therein or herein provided,
		whether at the Stated Maturity or by declaration of acceleration, call for
		redemption or otherwise.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Notice of Default&#148; means a
		written notice of the kind specified in Section 5.01(5).</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:10%;">
		<FONT STYLE="font-size:10pt">&#147;Obligations&#148; means any principal,
		premium, interest, penalties, fees, indemnifications, reimbursements, damages
		and other liabilities payable under the documentation governing any
		Indebtedness.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Officer&#146;s Certificate&#148; means
		a certificate signed by the Chairman of the Board, a Vice Chairman of the
		Board, the Chief Executive Officer, the President or a Vice President, the
		Chief Financial Officer, the Finance Director, the Treasurer or an Assistant
		Treasurer, of the Company or of a Subsidiary Guarantor, and delivered to the
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">5</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Opinion of Counsel&#148; means, as to
		the Company or a Subsidiary Guarantor, a written opinion of counsel, who may be
		counsel for the Company or such Subsidiary Guarantor, and who shall be
		acceptable to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Original Issue Discount Security&#148;
		means any Security which provides for an amount less than the principal amount
		thereof to be due and payable upon a declaration of acceleration of the
		Maturity thereof pursuant to Section 5.02.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Outstanding&#148;, when used with
		respect to Securities, means, as of the date of determination, all Securities
		theretofore authenticated and delivered under this Indenture, </FONT><U><FONT
		STYLE="font-size:10pt">except</FONT></U><FONT STYLE="font-size:10pt"> :</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) Securities theretofore cancelled by the
		Trustee or delivered to the Trustee for cancellation;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) Securities for whose payment or
		redemption money in the necessary amount has been theretofore deposited with
		the Trustee or any Paying Agent (other than the Company or any Subsidiary
		Guarantor) in trust or set aside and segregated in trust by the Company or a
		Subsidiary Guarantor (if the Company or such Subsidiary Guarantor shall act as
		its own Paying Agent) for the Holders of such Securities; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that, if such Securities are to be redeemed, notice of
		such redemption has been duly given pursuant to this Indenture or provision
		therefor satisfactory to the Trustee has been made;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) Securities as to which Defeasance has
		been effected pursuant to Section 14.02; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) Securities which have been paid pursuant
		to Section 3.06 or in exchange for or in lieu of which other Securities have
		been authenticated and delivered pursuant to this Indenture, other than any
		such Securities in respect of which there shall have been presented to the
		Trustee proof satisfactory to it that such Securities are held by a bona fide
		purchaser in whose hands such Securities are valid obligations of the
		Company;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that in
		determining whether the Holders of the requisite principal amount of the
		Outstanding Securities have given any request, demand, authorization,
		direction, notice, consent or waiver hereunder, (A) the principal amount of an
		Original Issue Discount Security that shall be deemed to be Outstanding shall
		be the amount of the principal thereof that would be due and payable as of the
		date of such determination upon acceleration of the Maturity thereof to such
		date pursuant to Section 5.02, (B) the principal amount of a Security
		denominated in one or more foreign currencies or currency units shall be the
		U.S. dollar equivalent, determined in the manner provided as contemplated by
		Section 3.01 on the date of original issuance of such Security, of the
		principal amount (or, in the case of an Original Issue Discount Security, the
		U.S. dollar equivalent on the date of original issuance of such Security of the
		amount determined as provided in Clause (A) above) of such Security, and (C)
		Securities owned by the Company or any other obligor upon the Securities or any
		Affiliate of the Company or of such other obligor shall be disregarded and
		deemed not to be Outstanding, except that, in determining whether the Trustee
		shall be protected in relying upon any such request, demand, authorization,
		direction, notice, consent or waiver, only Securities which a Responsible
		Officer of the Trustee actually</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">6</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">knows to be so owned shall be so
		disregarded. Securities so owned which have been pledged in good faith may be
		regarded as Outstanding if the pledgee establishes to the satisfaction of the
		Trustee the pledgee&#146;s right so to act with respect to such Securities and
		that the pledgee is not the Company or any other obligor upon the Securities or
		any Affiliate of the Company or of such other obligor.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Paying Agent&#148; means any Person
		authorized by the Company to pay the principal of or any premium or interest on
		any Securities on behalf of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="eolpage91"></A>&#147;Person&#148;
		means any individual, corporation, partnership, joint venture, limited
		liability company, joint stock company, trust, unincorporated organization or
		government or any agency or political subdivision thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Place of Payment&#148;, when used with
		respect to the Securities of any series, means the place or places where the
		principal of and any premium and interest on the Securities of that series are
		payable, as specified pursuant to Section 3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Predecessor Security&#148; of any
		particular Security means every previous Security evidencing all or a portion
		of the same debt as that evidenced by such particular Security; and, for the
		purposes of this definition, any Security authenticated and delivered under
		Section 3.06 in exchange for or in lieu of a mutilated, destroyed, lost or
		stolen Security shall be deemed to evidence the same debt as the mutilated,
		destroyed, lost or stolen Security.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Prospectus&#148; means the Prospectus
		of the Company dated June</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, 2007 relating to the offering from time to time of the
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Redemption Date&#148;, when used with
		respect to any Security to be redeemed, means the date fixed for such
		redemption by or pursuant to this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Redemption Price&#148;, when used with
		respect to any Security to be redeemed, means the price at which it is to be
		redeemed pursuant to this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Regular Record Date&#148; for the
		interest payable on any Interest Payment Date on the Securities of any series
		means the date specified for that purpose as contemplated by Section
		3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Responsible Officer&#148;, when used
		with respect to the Trustee, means any vice president, any assistant treasurer,
		any trust officer or assistant trust officer or any other officer of the
		Trustee customarily performing functions similar to those performed by any of
		the above designated officers and also means, with respect to a particular
		corporate trust matter, any other officer to whom such matter is referred
		because of his knowledge of and familiarity with the particular subject and who
		shall have direct responsibility for the administration of this
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Securities&#148; has the meaning
		stated in the first recital of this Indenture and more particularly means any
		Securities authenticated and delivered under this Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">7</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Securities Act&#148; means the
		Securities Act of 1933, as amended, and the rules and regulations of the
		Securities and Exchange Commission promulgated thereunder.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Security Register&#148; and
		&#147;Security Registrar&#148; have the respective meanings specified in
		Section 3.05.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Significant Subsidiary&#148; means any
		Subsidiary that would be a &#147;significant subsidiary&#148; of the Company
		within the meaning of Rule 1-02 under Regulation S-X promulgated by the
		Commission.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Special Record Date&#148; for the
		payment of any Defaulted Interest means a date fixed by the Trustee pursuant to
		Section 3.07.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Stated Maturity&#148;, when used with
		respect to any Security or any installment of principal thereof or interest
		thereon, means the date specified in such Security as the fixed date on which
		the principal of such Security or such installment of principal or interest is
		due and payable.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Subsidiary&#148; means a corporation
		more than 50% of the outstanding voting stock of which is owned, directly or
		indirectly, by the Company or by one or more other Subsidiaries, or by the
		Company and one or more other Subsidiaries. For the purposes of this
		definition, &#147;voting stock&#148; means stock which ordinarily has voting
		power for the election of directors, whether at all times or only so long as no
		senior class of stock has such voting power by reason of any
		contingency.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Subsidiary Guarantees&#148; means,
		with respect to the Securities of any series, the guarantees with respect to
		the Securities of such series by a Subsidiary Guarantor pursuant to Article
		XIII hereof or a supplemental indenture hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Subsidiary Guarantor&#148; means, with
		respect to the Securities of any series, any Subsidiary of the Company that
		provides a Subsidiary Guarantee with respect to the Securities of such series
		in this Indenture or pursuant to a supplemental indenture hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Trust Indenture Act&#148; means the
		Trust Indenture Act of 1939 as in force at the date as of which this instrument
		was executed; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that in
		the event the Trust Indenture Act of 1939 is amended after such date,
		&#147;Trust Indenture Act&#148; means, to the extent required by any such
		amendment, the Trust Indenture Act of 1939 as so amended.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Trustee&#148; means the Person named
		as the &#147;Trustee&#148; in the first paragraph of this instrument until a
		successor Trustee shall have become such pursuant to the applicable provisions
		of this Indenture, and thereafter &#147;Trustee&#148; shall mean or include
		each Person who is then a Trustee hereunder, and if at any time there is more
		than one such Person, &#147;Trustee&#148; as used with respect to the
		Securities of any series shall mean each Trustee with respect to Securities of
		that series.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;U.S. Government Obligations&#148; has
		the meaning specified in Section 14.04.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">8</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Vice President&#148;, when used with
		respect to the Company, a Subsidiary Guarantor or the Trustee, means any vice
		president, whether or not designated by a number or a word or words added
		before or after the title &#147;vice president&#148;.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.02 </FONT><U><FONT
		STYLE="font-size:10pt">Compliance Certificates and Opinions</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Upon any application or request by the
		Company or by a Subsidiary Guarantor to the Trustee to take any action under
		any provision of this Indenture, the Company shall furnish to the Trustee such
		certificates and opinions as may be required under the Trust Indenture Act.
		Each such certificate or opinion shall be given in the form of an
		Officer&#146;s Certificate, if to be given by an officer of the Company, or an
		Opinion of Counsel, if to be given by counsel, and shall comply with the
		requirements of the Trust Indenture Act and any other requirements set forth in
		this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every certificate or opinion with respect to
		compliance with a condition or covenant provided for in this Indenture
		(including certificates provided for in Section 10.05) shall include</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) a statement that each individual signing
		such certificate or opinion has read such covenant or condition and the
		definitions herein relating thereto;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) a brief statement as to the nature and
		scope of the examination or investigation upon which the statements or opinions
		contained in such certificate or opinion are based;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) a statement that, in the opinion of each
		such individual, he has made such examination or investigation as is necessary
		to enable him to express an informed opinion as to whether or not such covenant
		or condition has been complied with; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) a statement as to whether, in the
		opinion of each such individual, such condition or covenant has been complied
		with.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.03 </FONT><U><FONT
		STYLE="font-size:10pt">Form of Documents Delivered to Trustee</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In any case where several matters are
		required to be certified by, or covered by an opinion of, any specified Person,
		it is not necessary that all such matters be certified by, or covered by the
		opinion of, only one such Person, or that they be so certified or covered by
		only one document, but one such Person may certify or give an opinion with
		respect to some matters and one or more other such Persons as to other matters,
		and any such Person may certify or give an opinion as to such matters in one or
		several documents.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any certificate or opinion of an officer of
		the Company may be based, insofar as it relates to legal matters, upon a
		certificate or opinion of, or representations by, counsel, unless such officer
		knows, or in the exercise of reasonable care should know, that the certificate
		or opinion or representations with respect to the matters upon which his
		certificate or opinion is based are erroneous. Any such certificate or opinion
		of counsel may be based, insofar as it relates to factual matters, upon a
		certificate or opinion of, or representations by, an officer or officers of the
		Company or any subsidiary of the Company stating that the information with
		respect to such factual matters is in the possession of the Company or any
		subsidiary of the Company, unless</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">9</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">such counsel knows, or in the exercise of
		reasonable care should know, that the certificate or opinion or representations
		with respect to such matters are erroneous.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Where any Person is required to make, give
		or execute two or more applications, requests, consents, certificates,
		statements, opinions or other instruments under this Indenture, they may, but
		need not, be consolidated and form one instrument.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.04 </FONT><U><FONT
		STYLE="font-size:10pt">No Adverse Interpretation of Other Agreements; Use of
		English Language</FONT></U><FONT STYLE="font-size:10pt">. This Indenture may
		not be used to interpret another indenture, loan or debt agreement of the
		Company or any Subsidiary of the Company. Any such indenture, loan or debt
		agreement may not be used to interpret this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"> This Indenture has been executed in the
		English language. All certificates, reports, notices and other documents and
		communications given or delivered pursuant to this Agreement (including any
		modifications or supplements hereto) shall be in the English language, or
		accompanied by a certified English translation thereof. In connection with the
		registration of security documents outside of the United States of America, it
		may be necessary that this Indenture be translated into other languages;
		</FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that it is understood and agreed that the sole official
		version of this Indenture is the English language version executed by the
		parties hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.05 </FONT><U><FONT
		STYLE="font-size:10pt">Acts of Holders; Record Dates</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any request, demand, authorization,
		direction, notice, consent, waiver or other action provided or permitted by
		this Indenture to be given or taken by Holders may be embodied in and evidenced
		by one or more instruments of substantially similar tenor signed by such
		Holders in person or by agent duly appointed in writing; and, except as herein
		otherwise expressly provided, such action shall become effective when such
		instrument or instruments are delivered to the Trustee and, where it is hereby
		expressly required, to the Company. Such instrument or instruments (and the
		action embodied therein and evidenced thereby) are herein sometimes referred to
		as the &#147;Act&#148; of the Holders signing such instrument or instruments.
		Proof of execution of any such instrument or of a writing appointing any such
		agent shall be sufficient for any purpose of this Indenture and (subject to
		Section 6.01) conclusive in favor of the Trustee and the Company, if made in
		the manner provided in this Section.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The fact and date of the execution by any
		Person of any such instrument or writing may be proved by the affidavit of a
		witness of such execution or by a certificate of a notary public or other
		officer authorized by law to take acknowledgments of deeds, certifying that the
		individual signing such instrument or writing acknowledged to him the execution
		thereof. Where such execution is by a signer acting in a capacity other than
		his individual capacity, such certificate or affidavit shall also constitute
		sufficient proof of his authority. The fact and date of the execution of any
		such instrument or writing, or the authority of the Person executing the same,
		may also be proved in any other manner which the Trustee deems
		sufficient.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The ownership of Securities shall be proved
		by the Security Register.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any request, demand, authorization,
		direction, notice, consent, waiver or other Act of the Holder of any Security
		shall bind every future Holder of the same Security and the Holder of</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">10</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">every Security issued upon the registration
		of transfer thereof or in exchange therefor or in lieu thereof in respect of
		anything done, omitted or suffered to be done by the Trustee or the Company in
		reliance thereon, whether or not notation of such action is made upon such
		Security.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may, in the circumstances
		permitted by the Trust Indenture Act, set any day as the record date for the
		purpose of determining the Holders of Outstanding Securities of any series
		entitled to give or take any request, demand, authorization, direction, notice,
		consent, waiver or other action provided or permitted by this Indenture to be
		given or taken by Holders of Securities of such series. With regard to any
		record date set pursuant to this paragraph, the Holders of Outstanding
		Securities of the relevant series on such record date (or their duly appointed
		agents), and only such Persons, shall be entitled to give or take the relevant
		action, whether or not such Holders remain Holders after such record date. With
		regard to any action that may be given or taken hereunder only by Holders of a
		requisite principal amount of Outstanding Securities of any series (or their
		duly appointed agents) and for which a record date is set pursuant to this
		paragraph, the Company may, at its option, set an expiration date after which
		no such action purported to be given or taken by any Holder shall be effective
		hereunder unless given or taken on or prior to such expiration date by Holders
		of the requisite principal amount of Outstanding Securities of such series on
		such record date (or their duly appointed agents). On or prior to any
		expiration date set pursuant to this paragraph, the Company may, on one or more
		occasions at its option, extend such date to any later date. Nothing in this
		paragraph shall prevent any Holder (or any duly appointed agent thereof) from
		giving or taking, after any such expiration date, any action identical to, or,
		at any time, contrary to or different from, the action or purported action to
		which such expiration date relates, in which event the Company may set a record
		date in respect thereof pursuant to this paragraph. Nothing in this paragraph
		shall be construed to render ineffective any action taken at any time by the
		Holders (or their duly appointed agents) of the requisite principal amount of
		Outstanding Securities of the relevant series on the date such action is so
		taken. Notwithstanding the foregoing or the Trust Indenture Act, the Company
		shall not set a record date for, and the provisions of this paragraph shall not
		apply with respect to, any notice, declaration or direction referred to in the
		next paragraph.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Trustee may set any day as a record date
		for the purpose of determining the Holders of Outstanding Securities of any
		series entitled to join in the giving or making of (i) any Notice of Default,
		(ii) any declaration of acceleration referred to in Section 5.02, if an Event
		of Default with respect to Securities of such series has occurred and is
		continuing and the Trustee shall not have given such a declaration to the
		Company, (iii) any request to institute proceedings referred to in Section
		5.07(2) or (iv) any direction referred to in Section 5.12, in each case with
		respect to Securities of such series. Promptly after any record date is set
		pursuant to this paragraph, the Trustee shall notify the Company and the
		Holders of Outstanding Series of such series of any such record date so fixed
		and the proposed action. The Holders of Outstanding Securities of such series
		on such record date (or their duly appointed agents), and only such Persons,
		shall be entitled to join in such notice, declaration or direction, whether or
		not such Holders remain Holders after such record date; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that,
		unless such notice, declaration or direction shall have become effective by
		virtue of Holders of the requisite principal amount of Outstanding Securities
		of such series on such record date (or their duly appointed agents) having
		joined therein on or prior to the 90th day after such record date, such notice,
		declaration or direction shall automatically and without any action by any
		Person be cancelled and of no further effect. Nothing in this paragraph shall
		be construed to prevent a Holder (or a duly appointed agent </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">11</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">thereof) from giving, before or after the
		expiration of such 90-day period, a notice, declaration or direction contrary
		to or different from, or, after the expiration of such period, identical to,
		the notice, declaration or direction to which such record date relates, in
		which event a new record date in respect thereof shall be set pursuant to this
		paragraph. Nothing in this paragraph shall be construed to render ineffective
		any notice, declaration or direction of the type referred to in this paragraph
		given at any time to the Trustee and the Company by Holders (or their duly
		appointed agents) of the requisite principal amount of Outstanding Securities
		of the relevant series on the date such notice, declaration or direction is so
		given.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Without limiting the foregoing, a Holder
		entitled hereunder to give or take any action hereunder with regard to any
		particular Security may do so with regard to all or any part of the principal
		amount of such Security or by one or more duly appointed agents each of which
		may do so pursuant to such appointment with regard to all or any different part
		of such principal amount.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.06 </FONT><U><FONT
		STYLE="font-size:10pt">Notices, Etc., to Trustee, Company and Subsidiary
		Guarantors</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any request, demand, authorization,
		direction, notice, consent, waiver or Act of Holders or other document provided
		or permitted by this Indenture to be made upon, given or furnished to, or filed
		with,</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Trustee by any Holder or by the
		Company or any Subsidiary Guarantor shall be sufficient for every purpose
		hereunder if made, given, furnished or filed in writing (which may be via
		facsimile) to or with the Trustee at its Corporate Trust Office, Attention:
		StealthGas Inc. Administrator, or</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Company or any Subsidiary Guarantor
		by the Trustee or by any Holder shall be sufficient for every purpose hereunder
		(unless otherwise herein expressly provided) if in writing and mailed,
		first-class postage prepaid, to the Company addressed to it at the address of
		its principal office specified in the first paragraph of this instrument or at
		any other address previously furnished in writing to the Trustee by the
		Company.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">12</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.07 </FONT><U><FONT
		STYLE="font-size:10pt">Notice to Holders; Waiver</FONT></U><FONT
		STYLE="font-size:10pt">. Where this Indenture provides for notice to Holders of
		any event, such notice shall be sufficiently given (unless otherwise herein
		expressly provided) if in writing and delivered electronically or mailed,
		first-class postage prepaid, to each Holder affected by such event, at his
		address as it appears in the Security Register, not later than the latest date
		(if any), and not earlier than the earliest date (if any), prescribed for the
		giving of such notice. In any case where notice to Holders is given by mail,
		neither the failure to mail such notice, nor any defect in any notice so
		mailed, to any particular Holder shall affect the sufficiency of such notice
		with respect to other Holders. Where this Indenture provides for notice in any
		manner, such notice may be waived in writing by the Person entitled to receive
		such notice, either before or after the event, and such waiver shall be the
		equivalent of such notice. Waivers of notice by Holders shall be filed with the
		Trustee, but such filing shall not be a condition precedent to the validity of
		any action taken in reliance upon such waiver.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.08 </FONT><U><FONT
		STYLE="font-size:10pt">Conflict with Trust Indenture Act</FONT></U><FONT
		STYLE="font-size:10pt">. If any provision hereof limits, qualifies or conflicts
		with a provision of the Trust Indenture Act that is required under such Act to
		be a part of and govern this Indenture, the latter provision shall control. If
		any provision of this Indenture modifies or excludes any provision of the Trust
		Indenture Act that may be so modified or excluded, the latter provision shall
		be deemed to apply to this Indenture as so modified or to be excluded, as the
		case may be. Wherever this Indenture refers to a provision of the Trust
		Indenture Act, such provision is incorporated by reference in and made a part
		of this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The following Trust Indenture Act terms used
		in this Indenture have the following meanings:</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;commission&#148; means the United
		States Securities and Exchange Commission;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture securities&#148; means the
		Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture security holder&#148; means
		a Holder;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture to be qualified&#148; means
		this Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture trustee&#148; or
		&#147;institutional trustee&#148; means the Trustee; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;obligor on the indenture
		securities&#148; means the Company, the Subsidiary Guarantors and any other
		obligor on the Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All other Trust Indenture Act terms used in
		this Indenture that are defined by the Trust Indenture Act, defined by the
		Trust Indenture Act referenced to another statute or defined by any Commission
		Rule and not otherwise defined herein have the meanings defined to them
		thereby. </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">13</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.09 </FONT><U><FONT
		STYLE="font-size:10pt">Effect of Headings and Table of Contents</FONT></U><FONT
		STYLE="font-size:10pt">. The Article and Section headings herein and the Table
		of Contents are for convenience only and shall not affect the construction
		hereof.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.10 </FONT><U><FONT
		STYLE="font-size:10pt">Successors and Assigns</FONT></U><FONT
		STYLE="font-size:10pt">. All covenants and agreements in this Indenture by the
		Company or any Subsidiary Guarantor shall bind its respective successors and
		assigns, whether so expressed or not.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.11 </FONT><U><FONT
		STYLE="font-size:10pt">Separability Clause</FONT></U><FONT
		STYLE="font-size:10pt">. In case any provision in this Indenture or in the
		Securities shall be invalid, illegal or unenforceable, the validity, legality
		and enforceability of the remaining provisions shall not in any way be affected
		or impaired thereby.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.12 </FONT><U><FONT
		STYLE="font-size:10pt">Benefits of Indenture</FONT></U><FONT
		STYLE="font-size:10pt">. Nothing in this Indenture or in the Securities,
		express or implied, shall give to any Person, other than the parties hereto and
		their successors hereunder and the Holders, any benefit or any legal or
		equitable right, remedy or claim under this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.13 </FONT><U><FONT
		STYLE="font-size:10pt">Governing Law</FONT></U><FONT STYLE="font-size:10pt">.
		This Indenture, the Securities and the Subsidiary Guarantees shall be governed
		by and construed in accordance with the law of the State of New York, but
		without regard to principles of conflicts of laws.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.14 </FONT><U><FONT
		STYLE="font-size:10pt">Legal Holidays</FONT></U><FONT STYLE="font-size:10pt">.
		In any case where any Interest Payment Date, Redemption Date or Stated Maturity
		of any Security or the last date on which a Holder has the right to convert his
		Securities shall not be a Business Day at any Place of Payment, then
		(notwithstanding any other provision of this Indenture or of the Securities
		(other than a provision of the Securities of any series which specifically
		states that such provision shall apply in lieu of this Section)) payment of
		interest or principal (and premium, if any) or conversion of the Securities
		need not be made at such Place of Payment on such date, but may be made on the
		next succeeding Business Day at such Place of Payment with the same force and
		effect as if made on the Interest Payment Date or Redemption Date, or at the
		Stated Maturity, or on such last day for conversion, provided that no interest
		shall accrue for the period from and after such Interest Payment Date,
		Redemption Date or Stated Maturity, as the case may be.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.15 </FONT><U><FONT
		STYLE="font-size:10pt">Consent to Service; Jurisdiction</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) The Company, each Subsidiary Guarantor
		and the Trustee agree that any legal suit, action or proceeding arising out of
		or relating to this Indenture, and the Company and each Subsidiary Guarantor
		agree that any legal suit, action or proceeding arising out of or relating to
		the Securities, may be instituted in any federal or state court in the Borough
		of Manhattan, the City of New York. Each of the Company, each Subsidiary
		Guarantor and the Trustee waives any objection which it may now or hereafter
		have to the laying of the venue of any such legal suit, action or proceeding,
		waives any immunity from jurisdiction or to service of process in respect of
		any such suit, action or proceeding, and irrevocably submits to the exclusive
		jurisdiction of any such court in any such suit, action or proceeding.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) Each of the Company and each Subsidiary
		Guarantor hereby designates and appoints Puglisi &amp; Associates as its
		authorized agent upon which process may be served in any legal suit, action or
		proceeding arising out of or relating to this Indenture or the Securities which
		may be </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">14</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">instituted in any federal or state court in
		the Borough of Manhattan, the City of New York, and agrees that service of
		process upon such agent, and written notice of said service to the Company and
		the Subsidiary Guarantors by the Person serving the same, shall be deemed in
		every respect effective service of process upon the Company and the Subsidiary
		Guarantors in any such suit, action or proceeding and further designates its
		domicile, the domicile of New York, New York specified above and any domicile
		it may have in the future as its domicile to receive any notice hereunder
		(including service of process). Service of process, to be effective upon the
		Trustee, must be served at the Trustee&#146;s Corporate Trust Office. If for
		any reason Puglisi &amp; Associates (or any successor agent for this purpose)
		shall cease to act as agent for service of process as provided above, the
		Company and the Subsidiary Guarantors will promptly appoint a successor agent
		for this purpose reasonably acceptable to the Trustee. The Company and the
		Subsidiary Guarantors agree to take any and all actions necessary to maintain
		such designation and appointment of such agent in full force and effect.</FONT>

	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt">ARTICLE II</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SECURITY AND SUBSIDIARY GUARANTEE
		FORMS</FONT></B>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 2.01 </FONT><U><FONT
		STYLE="font-size:10pt">Forms Generally</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Securities of each series and the
		Subsidiary Guarantees to be endorsed thereon shall be in substantially the form
		set forth in this Article, or in such other form as shall be established by or
		pursuant to a Board Resolution or in one or more indentures supplemental
		hereto, in each case with such appropriate insertions, omissions, substitutions
		and other variations as are required or permitted by this Indenture, and may
		have such letters, numbers or other marks of identification and such legends or
		endorsements placed thereon as may be required to comply with the rules of any
		securities exchange or as may, consistently herewith, be determined by the
		officers executing such Securities or Subsidiary Guarantees, as the case may
		be, as evidenced by their execution of the Securities. If the form of
		Securities of any series is established by action taken pursuant to a Board
		Resolution, a copy of an appropriate record of such action shall be certified
		by the Secretary or an Assistant Secretary of the Company and delivered to the
		Trustee at or prior to the delivery of the Company Order contemplated by
		Section 3.03 for the authentication and delivery of such Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The definitive Securities and the Subsidiary
		Guarantees to be endorsed thereon shall be printed, lithographed or engraved on
		steel engraved borders or may be produced in any other manner, all as
		determined by the officers executing such Securities or Subsidiary Guarantees,
		as the case may be, as evidenced by their execution of such Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 2.02 </FONT><U><FONT
		STYLE="font-size:10pt">Form of Face of Security</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[Insert any legend required by the Internal
		Revenue Code and the regulations thereunder.]</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="46%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">No. </FONT><U><FONT
				  STYLE="font-size:10pt">&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></U>

				</P>
			 </TD>
			 <TD WIDTH="7%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="46%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom:0in;">
				  <FONT STYLE="font-size:10pt">$ </FONT><U><FONT
				  STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U>

				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">15</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">StealthGas Inc., a Marshall Islands company
		(herein called the &#147;Company&#148;, which term includes any successor
		Person under the Indenture hereinafter referred to), for value received, hereby
		promises to pay to </FONT><U><FONT
		STYLE="font-size:10pt">&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;</FONT></U><FONT
		STYLE="font-size:10pt"> </FONT><U><FONT
		STYLE="font-size:10pt">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, or registered assigns, the principal sum of
		</FONT><U><FONT
		STYLE="font-size:10pt">&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> Dollars on </FONT><U><FONT
		STYLE="font-size:10pt">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		&nbsp;</FONT></U><FONT STYLE="font-size:10pt"> </FONT><U><FONT
		STYLE="font-size:10pt">&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;</FONT></U><FONT
		STYLE="font-size:10pt"> [ </FONT><U><FONT STYLE="font-size:10pt">if the
		Security is to bear interest prior to Maturity, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151;, and to pay interest thereon from
		</FONT><U><FONT
		STYLE="font-size:10pt">&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;</FONT></U><FONT
		STYLE="font-size:10pt"> or from the most recent Interest Payment Date to which
		interest has been paid or duly provided for, semi-annually on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> in each year, commencing </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> at the rate of </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum, until the principal hereof is paid or made
		available for payment [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151;, and at the rate of
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum on any overdue principal and premium and on
		any overdue installment of interest]. The interest so payable, and punctually
		paid or duly provided for, on any Interest Payment Date will, as provided in
		such Indenture, be paid to the Person in whose name this Security (or one or
		more Predecessor Securities) is registered at the close of business on the
		Regular Record Date for such interest, which shall be the </FONT><U><FONT STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> or </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> (whether or not a Business Day), as the case may be,
		next preceding such Interest Payment Date. Any such interest not so punctually
		paid or duly provided for will forthwith cease to be payable to the Holder on
		such Regular Record Date and may either be paid to the Person in whose name
		this Security (or one or more Predecessor Securities) is registered at the
		close of business on a Special Record Date for the payment of such Defaulted
		Interest to be fixed by the Trustee, notice whereof shall be given to Holders
		of Securities of this series not less than 10 days prior to such Special Record
		Date, or be paid at any time in any other lawful manner not inconsistent with
		the requirements of any securities exchange on which the Securities of this
		series may be listed, and upon such notice as may be required by such exchange,
		all as more fully provided in said Indenture].</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		the Security is not to bear interest prior to Maturity, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; The principal of this Security shall not bear
		interest except in the case of a default in payment of principal upon
		acceleration, upon redemption or at Stated Maturity, and in such case the
		overdue principal of this Security shall bear interest at the rate of
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum, which shall accrue from the date of such
		default in payment to the date payment of such principal has been made or duly
		provided for. Interest on any overdue principal shall be payable on demand. Any
		such interest on any overdue principal that is not so paid on demand shall bear
		interest at the rate of </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum, which shall accrue from the date of such
		demand for payment to the date payment of such interest has been made or duly
		provided for, and such interest shall also be payable on demand.]</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Payment of the principal of (and premium, if
		any) and [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; any such] interest on
		this Security will be made at the office or agency of the Company maintained
		for that purpose at the Trustee&#146;s Corporate Trust Office, in such coin or
		currency of the United States of America as at the time of payment is legal
		tender for payment of public and private debts [ </FONT><U><FONT
		STYLE="font-size:10pt">if applicable, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151;; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that at the option of the Company payment of interest
		may be made by check mailed to the address of the Person entitled thereto as
		such address shall appear in the Security Register].</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Reference is hereby made to the further
		provisions of this Security set forth on the reverse hereof, which further
		provisions shall for all purposes have the same effect as if set forth at this
		place.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">16</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Unless the certificate of authentication
		hereon has been executed by the Trustee referred to on the reverse hereof by
		manual signature, this Security shall not be entitled to any benefit under the
		Indenture or be valid or obligatory for any purpose.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">IN WITNESS WHEREOF, the Company has caused
		this instrument to be duly executed under its corporate seal.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Dated:</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			  STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR STYLE="height:13.95pt;">
			 <TD WIDTH="100%" VALIGN="top" STYLE=" height:13.95pt;">
				<P ALIGN="left"
				 STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">Attest:</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR STYLE="height:10pt;">
			 <TD VALIGN="top" STYLE=" height:10pt;">
				<P ALIGN="left"
				 STYLE=" margin-left:10.0pt;margin-right:0pt;text-indent:-10.0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">___________________</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525178"></A>Section 2.03
		</FONT><U><FONT STYLE="font-size:10pt">Form of Reverse of
		Security</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Security is one of a duly authorized
		issue of securities of the Company (herein called the &#147;Securities&#148;),
		issued and to be issued in one or more series under an Indenture, dated as of
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, 2007 (herein called the &#147;Indenture&#148;), among
		the Company, the Subsidiary Guarantors named therein and Wells Fargo Bank,
		National Association, as Trustee (herein called the &#147;Trustee&#148;, which
		term includes any successor trustee under the Indenture), to which Indenture
		and all indentures supplemental thereto reference is hereby made for a
		statement of the respective rights, limitations of rights, duties and
		immunities thereunder of the Company, the Subsidiary Guarantors, the Trustee
		and the Holders of the Securities and of the terms upon which the Securities
		and the Subsidiary Guarantees endorsed thereon are, and are to be,
		authenticated and delivered. This Security is one of the series designated on
		the face hereof [ </FONT><U><FONT STYLE="font-size:10pt">if applicable
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151;, limited in aggregate
		principal amount to $ </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> ].</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; Subject to
		and upon compliance with the provisions of the Indenture, the Holder of this
		Security is entitled, at his option, at any time on or before the close of
		business on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, or in case this Security or a portion hereof is called
		for redemption, then in respect of this Security or such portion hereof until
		and including, but (unless the Company defaults in making the payment due upon
		redemption) not after, the close of business on the 10th calendar day before
		the Redemption Date, to convert this Security (or any portion of the principal
		amount hereof which is $1,000 or an integral multiple thereof), at the
		principal amount hereof, or of such portion, into fully paid and non-assessable
		shares (calculated as to each conversion to the nearest 1/100 of a share) of
		Common Stock of the Company at a conversion price per share of Common Stock
		equal to $ </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> per each share of Common Stock (or at the current
		adjusted conversion price if an adjustment has been made as provided in the
		Indenture) by surrender of this Security, duly endorsed or assigned to the
		Company or in blank, to the Company at its office or agency in </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, accompanied by written notice to </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">17</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">the Company that the Holder hereof elects to
		convert this Security, or if less than the entire principal amount hereof is to
		be converted, the portion hereof to be converted, and, in case such surrender
		shall be made during the period from the close of business on any Regular
		Record Date next preceding any Interest Payment Date to the opening of business
		on such Interest Payment Date (unless this Security or the portion thereof
		being converted has been called for redemption on a Redemption Date within such
		period), also accompanied by payment in funds acceptable to the Company of an
		amount equal to the interest payable on such Interest Payment Date on the
		principal amount of this Security then being converted. Subject to the
		aforesaid requirement for payment and, in the case of a conversion after the
		Regular Record Date next preceding any Interest Payment Date and on or before
		such Interest Payment Date, to the right of the Holder of this Security (or any
		Predecessor Security) of record at such Regular Record Date to receive an
		installment of interest (with certain exceptions provided in the Indenture), no
		payment or adjustment is to be made on conversion for interest accrued hereon
		or for dividends on the Common Stock issued on conversion. No fractions of
		shares or scrip representing fractions of shares will be issued on conversion,
		but instead of any fractional interest the Company shall pay a cash adjustment
		as provided in the Indenture. The conversion price is subject to adjustment as
		provided in the Indenture. In addition, the Indenture provides that in case of
		certain consolidations or mergers to which the Company is a party or the
		transfer of substantially all of the assets of the Company, the Indenture shall
		be amended, without the consent of any Holders of Securities, so that this
		Security, if then outstanding, will be convertible thereafter, during the
		period this Security shall be convertible as specified above, only into the
		kind and amount of securities, cash and other property receivable upon the
		consolidation, merger or transfer by a holder of the number of shares of Common
		Stock into which this Security might have been converted immediately prior to
		such consolidation, merger or transfer (assuming such holder of Common Stock
		failed to exercise any rights of election and received per share the kind and
		amount received per share by a plurality of non-electing shares).]</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; The Securities
		of this series are subject to redemption upon not less than 30 days&#146;
		notice delivered, [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; (1) on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> in any year commencing with the year 20 </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and ending with the year 20 </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> through operation of the sinking fund for this series
		at a Redemption Price equal to 100% of the principal amount, and (2)] at any
		time [ </FONT><U><FONT STYLE="font-size:10pt">if applicable
		insert</FONT></U><FONT STYLE="font-size:10pt"> on or after </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, 20 </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> ], as a whole or in part, at the election of the
		Company, at the following Redemption Prices (expressed as percentages of the
		principal amount): If redeemed [ </FONT><U><FONT STYLE="font-size:10pt">if
		applicable insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; on or before
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> %, and if redeemed] during the 12-month period
		beginning </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> of the years indicated,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="9%" VALIGN="bottom"
			 STYLE="border-bottom:solid black 1.5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Year</FONT></B>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="20%" VALIGN="bottom"
			 STYLE="border-bottom:solid black 1.5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption</FONT></B>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="24%" VALIGN="bottom"
			 STYLE="border-bottom:solid black 1.5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Year</FONT></B>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="center"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="25%" VALIGN="bottom"
			 STYLE="border-bottom:solid black 1.5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption </FONT></B><BR>
				  <B><FONT STYLE="font-size:8pt">Price</FONT></B>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">and thereafter at a Redemption Price equal
		to </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % of the principal amount, together in the case of any
		such redemption [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; (whether through
		operation of the sinking fund or otherwise)] with accrued interest to the
		Redemption Date, but interest installments whose Stated Maturity is on or prior
		to such Redemption Date will be payable to the Holders of such Securities, or
		one or more Predecessor Securities, of record at the close of business on the
		relevant Record Dates referred to on the face hereof, all as provided in the
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">18</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; The
		Securities of this series are subject to redemption upon not less than 30
		days&#146; notice delivered, (1) on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> in any year commencing with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and ending with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> through operation of the sinking fund for this series
		at the Redemption Prices for redemption through operation of the sinking fund
		(expressed as percentages of the principal amount) set forth in the table
		below, and (2) at any time [ </FONT><U><FONT STYLE="font-size:10pt">if
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; on or after
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> ], as a whole or in part, at the election of the
		Company, at the Redemption Prices for redemption otherwise than through
		operation of the sinking fund (expressed as percentages of the principal
		amount) set forth in the table below: If redeemed during the 12-month period
		beginning </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> of the years indicated,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;<A NAME="fis_unidentified_table_8"></A>
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom" STYLE="border-bottom:solid black 1.5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Year</FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:8pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black 1.5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption Price</FONT></B><BR>
				  <B><FONT STYLE="font-size:8pt">For Redemption Through</FONT></B><BR> <B><FONT
				  STYLE="font-size:8pt">Operation of the Sinking Fund</FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:8pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom:solid black 1.5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption Price</FONT></B><BR>
				  <B><FONT STYLE="font-size:8pt">For Redemption</FONT></B><BR> <B><FONT
				  STYLE="font-size:8pt">Otherwise Than Through</FONT></B><BR> <B><FONT
				  STYLE="font-size:8pt">Operation of the Sinking Fund</FONT></B>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">and thereafter at a Redemption Price equal
		to </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % of the principal amount, together in the case of any
		such redemption (whether through operation of the sinking fund or otherwise)
		with accrued interest to the Redemption Date, but interest installments whose
		Stated Maturity is on or prior to such Redemption Date will be payable to the
		Holders of such Securities, or one or more Predecessor Securities, of record at
		the close of business on the relevant Record Dates referred to on the face
		hereof, all as provided in the Indenture.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151;
		Notwithstanding the foregoing, the Company may not, prior to </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> redeem any Securities of this series as contemplated by
		[ </FONT><U><FONT STYLE="font-size:10pt">if applicable, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; Clause (2) of] the preceding paragraph as a part
		of, or in anticipation of, any refunding operation by the application, directly
		or indirectly, of moneys borrowed having an interest cost to the Company
		(calculated in accordance with generally accepted financial practice) of less
		than </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; The sinking
		fund for this series provides for the redemption on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> in each year beginning with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and ending with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> of [ </FONT><U><FONT STYLE="font-size:10pt">if
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; not less than
		$ </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> &#147;mandatory sinking fund&#148;) and not more than]
		$ </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> aggregate principal amount of Securities of this
		series. Securities of this series acquired or redeemed by the Company otherwise
		than through ( </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; mandatory] sinking fund
		payments [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; and Securities
		surrendered for conversion] may be credited against subsequent [
		</FONT><U><FONT STYLE="font-size:10pt">if applicable, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; mandatory] sinking fund payments otherwise
		required to be made [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; in the inverse order in
		which they become due).]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		the Security is subject to redemption of any kind, insert</FONT></U><FONT STYLE="font-size:10pt">
		&#151; In the event of redemption or conversion of this Security in part only,
		a new Security or Securities of this series and of like tenor for the
		unredeemed or unconverted portion hereof will be issued in the name of the
		Holder hereof upon the cancellation hereof.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; The Indenture
		contains provisions for defeasance at any time of (l) the entire indebtedness
		of this Security or (2) certain restrictive covenants and Events of
		Default</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">19</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">with respect to this Security, in each case
		upon compliance with certain conditions set forth in the Indenture.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[ </FONT><U><FONT STYLE="font-size:10pt">If
		the Security is not an Original Issue Discount Security, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; If an Event of Default with respect to
		Securities of this series shall occur and be continuing, the principal of the
		Securities of this series may be declared due and payable in the manner and
		with the effect provided in the Indenture.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		the Security is an Original Issue Discount Security, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; If an Event of Default with respect to
		Securities of this series shall occur and be continuing, an amount of principal
		of the Securities of this series may be declared due and payable in the manner
		and with the effect provided in the Indenture. Such amount shall be equal to
		</FONT><U><FONT STYLE="font-size:10pt">insert formula for determining the
		amount</FONT></U><FONT STYLE="font-size:10pt"> . Upon payment (i) of the amount
		of principal so declared due and payable and (ii) of interest on any overdue
		principal and overdue interest all of the Company&#146;s obligations in respect
		of the payment of the principal of and interest, if any, on the Securities of
		this series shall terminate.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Indenture permits, with certain
		exceptions as therein provided, the amendment thereof and the modification of
		the rights and obligations of the Company and the Subsidiary Guarantors and the
		rights of the Holders of the Securities of each series to be affected under the
		Indenture at any time by the Company, the Subsidiary Guarantors and the Trustee
		with the consent of the Holders of a majority in principal amount of the
		Securities at the time Outstanding of each series to be affected. The Indenture
		also contains provisions permitting the Holders of specified percentages in
		principal amount of the Securities of each series at the time Outstanding, on
		behalf of the Holders of all Securities of such series, to waive compliance by
		the Company or the Subsidiary Guarantors with certain provisions of the
		Indenture and certain past defaults under the Indenture and their consequences.
		Any such consent or waiver by the Holder of this Security shall be conclusive
		and binding upon such Holder and upon all future Holders of this Security and
		of any Security issued upon the registration of transfer hereof or in exchange
		herefor or in lieu hereof, whether or not notation of such consent or waiver is
		made upon this Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">As provided in and subject to the provisions
		of the Indenture, the Holder of this Security shall not have the right to
		institute any proceeding with respect to the Indenture or for the appointment
		of a receiver or trustee or for any other remedy thereunder, unless such Holder
		shall have previously given the Trustee written notice of a continuing Event of
		Default with respect to the Securities of this series, the Holders of not less
		than 25% in principal amount of the Securities of this series at the time
		Outstanding shall have made written request to the Trustee to institute
		proceedings in respect of such Event of Default as Trustee and offered the
		Trustee reasonable indemnity, and the Trustee shall not have received from the
		Holders of a majority in principal amount of Securities of this series at the
		time Outstanding a direction inconsistent with such request, and shall have
		failed to institute any such proceeding, for 60 days after receipt of such
		notice, request and offer of indemnity. The foregoing shall not apply to any
		suit instituted by the Holder of this Security for the enforcement of any
		payment of principal hereof or any premium or interest hereon on or after the
		respective due dates expressed herein.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No reference herein to the Indenture and no
		provision of this Security or of the Indenture shall alter or impair the
		obligation of the Company, which is absolute and unconditional, to pay</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">20</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">the principal of (and premium, if any) and
		interest on this Security at the times, place and rate, and in the coin or
		currency, herein prescribed or to convert this Security as provided in the
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">As provided in the Indenture and subject to
		certain limitations therein set forth, the transfer of this Security is
		registerable in the Security Register, upon surrender of this Security for
		registration of transfer at the office or agency of the Company in any place
		where the principal of and any premium and interest on this Security are
		payable, duly endorsed by, or accompanied by a written instrument of transfer
		in form satisfactory to the Company and the Security Registrar duly executed
		by, the Holder hereof or his attorney duly authorized in writing, and thereupon
		one or more new Securities of this series and of like tenor, of authorized
		denominations and for the same aggregate principal amount, will be issued to
		the designated transferee or transferees.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Securities of this series are issuable
		only in registered form without coupons in denominations of $1,000 and any
		integral multiple thereof. As provided in the Indenture and subject to certain
		limitations therein set forth, Securities of this series are exchangeable for a
		like aggregate principal amount of Securities of this series and of like tenor
		of a different authorized denomination, as requested by the Holder surrendering
		the same.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:10%;">
		<FONT STYLE="font-size:10pt">No service charge shall be made for any such
		registration of transfer or exchange, but the Company or the Security Registrar
		may require payment of a sum sufficient to cover any tax or other governmental
		charge payable in connection therewith.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Prior to due presentment of this Security
		for registration of transfer, the Company, the Subsidiary Guarantors, the
		Trustee and any agent of the Company, the Subsidiary Guarantors or the Trustee
		may treat the Person in whose name this Security is registered as the owner
		hereof for all purposes, whether or not this Security be overdue, and neither
		the Company, the Subsidiary Guarantors, the Trustee nor any such agent shall be
		affected by notice to the contrary.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All terms used in this Security which are
		defined in the Indenture shall have the meanings assigned to them in the
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[If applicable, insert &#151;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="FONT-SIZE:10PT">FORM OF CONVERSION NOTICE]</FONT>
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="28%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="25%" VALIGN="top" STYLE="padding:8.0pt 0in 0in 0in;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">To:&nbsp;&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="74%" VALIGN="top" STYLE="padding:8.0pt 0in 0in 0in;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The undersigned owner of this Security
		hereby irrevocably exercises the option to convert this Security, or portion
		hereof (which is $1,000 or an integral multiple thereof) below designated, into
		shares of Common Stock of StealthGas Inc., in accordance with the terms of the
		Indenture referred to in this Security, and directs that the shares issuable
		and deliverable upon the conversion, together with any check in payment for
		fractional shares and any Securities, representing any unconverted principal
		amount hereof, be issued and delivered to the registered holder hereof unless a
		different name has been indicated below. If shares are to be issued in the name
		of a person other than the undersigned, the undersigned will pay all transfer
		taxes payable</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">21</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">with respect thereto. Any amount required to
		be paid by the undersigned on account of interest accompanies this
		Security.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Dated:</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Fill in for registration of shares
				  of Common Stock and Securities if to be issued otherwise than to the registered
				  holder.</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom"
			 STYLE=" border-bottom:solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Principal Amount to be converted (in
				  an integral multiple of $1,000, if less than all):</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">$</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom"
			 STYLE=" border-bottom:solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Address</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom"
			 STYLE=" border-bottom:solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(Please print name and address,
				  including zip code number)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> Signature</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD COLSPAN="4" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SOCIAL SECURITY OR OTHER</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">TAXPAYER&nbsp;IDENTIFYING&#151;
				  </FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">[SIGNATURE GUARANTEED</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">NUMBER</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">required only if Common</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Stock and Securities are to
				  be</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">issued and delivered to other than
				  registered</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">holder]</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">[</FONT><U><FONT
				  STYLE="font-size:10pt">&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;]</FONT></U>

				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="536"></TD>
			 <TD WIDTH="1"></TD>
			 <TD WIDTH="61"></TD>
			 <TD WIDTH="409"></TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525179"></A>Section 2.04
		</FONT><U><FONT STYLE="font-size:10pt">Form of Legend for Global
		Securities</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Unless otherwise specified as contemplated
		by Section 3.01 for the Securities evidenced thereby, every Global Security
		authenticated and delivered hereunder shall bear a legend in substantially the
		following form:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Security is a Global Security within
		the meaning of the Indenture hereinafter referred to and is registered in the
		name of a Depositary or a nominee thereof. This Security may not be transferred
		to, or registered or exchanged for Securities registered in the name of, any
		Person other than the Depositary or a nominee thereof and no such transfer may
		be registered, except in the limited circumstances described in the Indenture.
		Every Security authenticated and delivered upon registration of transfer of, or
		in exchange for or in lieu of, this Security shall be a Global Security subject
		to the foregoing, except in such limited circumstances.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525180"></A>Section 2.05
		</FONT><U><FONT STYLE="font-size:10pt">Form of Trustee&#146;s Certificate of
		Authentication</FONT></U><FONT STYLE="font-size:10pt">. The Trustee&#146;s
		certificates of authentication shall be in substantially the following
		form:</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">22</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This is one of the Securities of the series
		designated herein with the Subsidiary Guarantees endorsed hereon and referred
		to in the within-mentioned Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">WELLS FARGO BANK,</FONT><BR>
				  <FONT STYLE="FONT-SIZE:10PT">NATIONAL ASSOCIATION,</FONT><BR>
				  <FONT STYLE="font-size:10pt">as Trustee</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Authorized Signatory</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Dated:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top" STYLE="border-bottom:solid black .5pt; ">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525181"></A>Section 2.06
		</FONT><U><FONT STYLE="font-size:10pt">Form of Guarantee</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="FONT-SIZE:10PT">GUARANTEE</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For value received, each of the Subsidiary
		Guarantors listed below hereby jointly and severally unconditionally guarantees
		to the Holder of the Security upon which this Guarantee is endorsed, and to the
		Trustee on behalf of such Holder, the due and punctual payment of the principal
		of (and premium, if any) and interest on such Security when and as the same
		shall become due and payable, whether at the Stated Maturity, by acceleration,
		call for redemption, purchase or otherwise, according to the terms thereof and
		of the Indenture referred to therein. In case of the failure of the Company
		punctually to make any such payment, each of the Subsidiary Guarantors hereby
		jointly and severally agrees to cause such payment to be made punctually when
		and as the same shall become due and payable, whether at the Stated Maturity or
		by acceleration, call for redemption, purchase or otherwise, and as if such
		payment were made by the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each of the Subsidiary Guarantors hereby
		jointly and severally agrees that its obligations hereunder shall be
		unconditional, irrespective of the validity, regularity or enforceability of
		such Security or the Indenture, the absence of any action to enforce the same
		or any release or amendment or waiver of any term of any other Guarantee of, or
		any consent to departure from any requirement of any other Guarantee of all or
		of any of the Securities, the election by the Trustee or any of the Holders in
		any proceeding under Chapter 11 of the Bankruptcy Code of the application of
		Section 1111(b)(2) of the Bankruptcy Code, any borrowing or grant of a security
		interest by the Company, as debtor-in-possession, under Section 364 of the
		Bankruptcy Code, the disallowance, under Section 502 of the Bankruptcy Code, of
		all or any portion of the claims of the Trustee or any of the Holders for
		payment of any of the Securities, any waiver or consent by the Holder of such
		Security or by the Trustee or either of them with respect to any provisions
		thereof or of the Indenture, the obtaining of any judgment against the Company
		or any action to enforce the same or any other circumstances which might
		otherwise constitute a legal or equitable discharge or defense of a guarantor.
		Each of the Subsidiary Guarantors hereby waives the benefits of diligence,
		presentment, demand of payment, any requirement that the Trustee or any of the
		Holders exhaust any right or take any action against the Company or any other
		Person, filing of claims with a court in the event of insolvency or bankruptcy
		of the Company, any right to require a proceeding first against the Company,
		protest or notice with respect to such Security </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">23</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">or the Indebtedness evidenced thereby and
		all demands whatsoever, and covenants that this Subsidiary Guarantee will not
		be discharged except by complete performance of the obligations contained in
		such Security and in this Subsidiary Guarantee. Each of the Subsidiary
		Guarantors hereby agrees that, in the event of a default in payment of
		principal (or premium, if any) or interest on such Security, whether at the
		Stated Maturity, by acceleration, call for redemption, purchase or otherwise,
		legal proceedings may be instituted by the Trustee on behalf of, or by, the
		Holder of such Security, subject to the terms and conditions set forth in the
		Indenture, directly against each of the Subsidiary Guarantors to enforce this
		Subsidiary Guarantee without first proceeding against the Company. Each
		Subsidiary Guarantor agrees that if, after the occurrence and during the
		continuance of an Event of Default, the Trustee or any of the Holders are
		prevented by applicable law from exercising their respective rights to
		accelerate the maturity of the Securities, to collect interest on the
		Securities, or to enforce or exercise any other right or remedy with respect to
		the Securities, such Subsidiary Guarantor agrees to pay to the Trustee for the
		account of the Holders, upon demand therefor, the amount that would otherwise
		have been due and payable had such rights and remedies been permitted to be
		exercised by the Trustee or any of the Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No reference herein to the Indenture and no
		provision of this Subsidiary Guarantee or of the Indenture shall alter or
		impair the Subsidiary Guarantee of any Subsidiary Guarantor, which is absolute
		and unconditional, of the due and punctual payment of the principal (and
		premium, if any) and interest on the Security upon which this Subsidiary
		Guarantee is endorsed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Subsidiary Guarantor shall be
		subrogated to all rights of the Holder of this Security against the Company in
		respect of any amounts paid by such Subsidiary Guarantor on account of this
		Security pursuant to the provisions of its Subsidiary Guarantee or the
		Indenture; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		such Subsidiary Guarantor shall not be entitled to enforce or to receive any
		payments arising out of, or based upon, such right of subrogation until the
		principal of (and premium, if any) and interest on this Security and all other
		Securities issued under the Indenture shall have been paid in full.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Subsidiary Guarantee shall remain in
		full force and effect and continue to be effective should any petition be filed
		by or against the Company for liquidation or reorganization, should the Company
		become insolvent or make an assignment for the benefit of creditors or should a
		receiver or trustee be appointed for all or any significant part of the
		Company&#146;s assets, and shall, to the fullest extent permitted by law,
		continue to be effective or be reinstated, as the case may be, if at any time
		payment and performance of the Securities is, pursuant to applicable law,
		rescinded or reduced in amount, or must otherwise be restored or returned by
		any obligee on the Securities whether as a &#147;voidable preference,&#148;
		&#147;fraudulent transfer,&#148; or otherwise, all as though such payment or
		performance had not been made. In the event that any payment, or any part
		thereof, is rescinded, reduced, restored or returned, the Securities shall, to
		the fullest extent permitted by law, be reinstated and deemed reduced only by
		such amount paid and not so rescinded, reduced, restored or returned.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantors shall have the
		right to seek contribution from any non-paying Subsidiary Guarantor so long as
		the exercise of such right does not impair the rights of the Holders under this
		Subsidiary Guarantee.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">24</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantors or any particular
		Subsidiary Guarantor shall be released from this Subsidiary Guarantee upon the
		terms and subject to certain conditions provided in the Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">By delivery of a Supplemental Indenture to
		the Trustee in accordance with the terms of the Indenture, each Person that
		becomes a Subsidiary Guarantor after the date of the Indenture will be deemed
		to have executed and delivered this Guarantee for the benefit of the Holder of
		this Security with the same effect as if such Subsidiary Guarantor was named
		below.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All terms used in this Subsidiary Guarantee
		which are defined in the Indenture referred to in the Security upon which this
		Subsidiary Guarantee is endorsed shall have the meanings assigned to them in
		such Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Subsidiary Guarantee shall not be valid
		or obligatory for any purpose until the certificate of authentication on the
		Security upon which this Subsidiary Guarantee is endorsed shall have been
		executed by the Trustee under the Indenture by manual signature.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Reference is made to Article XIII of the
		Indenture for further provisions with respect to this Subsidiary
		Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="FONT-SIZE:10PT">THIS SUBSIDIARY GUARANTEE SHALL BE GOVERNED
		BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">IN WITNESS WHEREOF, each of the Subsidiary
		Guarantors has caused this Subsidiary Guarantee to be duly executed.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">[Insert Subsidiary Guarantors, as
				  applicable]</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Each as Subsidiary Guarantor</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Authorized Signatory</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525182"></A>ARTICLE
		III</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">THE SECURITIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525183"></A>Section 3.01
		</FONT><U><FONT STYLE="font-size:10pt">Amount Unlimited; Issuable in
		Series</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The aggregate principal amount of Securities
		which may be authenticated and delivered under this Indenture is
		unlimited.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Securities may be issued in one or more
		series. There shall be established in or pursuant to a Board Resolution and,
		subject to Section 3.03, set forth, or determined in the manner provided, in an
		Officer&#146;s Certificate, or established in one or more indentures
		supplemental hereto, prior to the issuance of Securities of any series,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">25</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the title of the Securities of the
		series, including CUSIP Numbers (which shall distinguish the Securities of the
		series from Securities of any other series);</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) any limit upon the aggregate principal
		amount of the Securities of the series which may be authenticated and delivered
		under this Indenture (except for Securities authenticated and delivered upon
		registration of transfer of, or in exchange for, or in lieu of, other
		Securities of the series pursuant to Section 3.04, 3.05, 3.06 or 9.06 and
		except for any Securities which, pursuant to Section 3.03, are deemed never to
		have been authenticated and delivered hereunder);</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) the Person to whom any interest on a
		Security of the series shall be payable, if other than the Person in whose name
		that Security (or one or more Predecessor Securities) is registered at the
		close of business on the Regular Record Date for such interest;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the date or dates on which the principal
		of the Securities of the series is payable;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) the rate or rates at which the
		Securities of the series shall bear interest, if any, the date or dates from
		which such interest shall accrue, the Interest Payment Dates on which any such
		interest shall be payable and the Regular Record Date for any interest payable
		on any Interest Payment Date;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) the place or places where the principal
		of and any premium and interest on Securities of the series shall be
		payable;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) the period or periods within which, the
		price or prices at which and the terms and conditions upon which Securities of
		the series may be redeemed, in whole or in part, at the option of the
		Company;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) the obligation, if any, of the Company
		to redeem or purchase Securities of the series pursuant to any sinking fund or
		analogous provisions or at the option of a Holder thereof and the period or
		periods within which, the price or prices at which and the terms and conditions
		upon which Securities of the series shall be redeemed or purchased, in whole or
		in part, pursuant to such obligation;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(9) if other than denominations of $1,000
		and any integral multiple thereof, the denominations in which Securities of the
		series shall be issuable;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(10) the currency, currencies or currency
		units in which payment of the principal of and any premium and interest on any
		Securities of the series shall be payable if other than the currency of the
		United States of America and the manner of determining the equivalent thereof
		in the currency of the United States of America for purposes of the definition
		of &nbsp;&#147;Outstanding&#148; in Section&nbsp;1.01;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(11) if the amount of payments of principal
		of or any premium or interest on any Securities of the series may be determined
		with reference to an index, the manner in which such amounts shall be
		determined;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">26</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(12) if the principal of or any premium or
		interest on any Securities of the series is to be payable, at the election of
		the Company or a Holder thereof, in one or more currencies or currency units
		other than that or those in which the Securities are stated to be payable, the
		currency, currencies or currency units in which payment of the principal of and
		any premium and interest on Securities of such series as to which such election
		is made shall be payable, and the periods within which and the terms and
		conditions upon which such election is to be made;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(13) if other than the principal amount
		thereof, the portion of the principal amount of Securities of the series which
		shall be payable upon declaration of acceleration of the Maturity thereof
		pursuant to Section 5.02;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(14) the applicability, nonapplicability, or
		variation, of Article XIII with respect to the Securities of such
		Series;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(15) if applicable, that the Securities of
		the series shall be subject to either or both of Defeasance or Covenant
		Defeasance as provided in Article XIV; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that no
		series of Securities that is convertible into Common Stock as provided in
		Article XV or convertible into or exchangeable for any other securities
		pursuant to Section 3.01(18) shall be subject to Defeasance pursuant to Section
		14.02;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(16) if and as applicable, that the
		Securities of the series shall be issuable in whole or in part in the form of
		one or more Global Securities and, in such case, the Depositary or Depositaries
		for such Global Security or Global Securities and any circumstances other than
		those set forth in Section 3.05 in which any such Global Security may be
		transferred to, and registered and exchanged for Securities registered in the
		name of, a Person other than the Depositary for such Global Security or a
		nominee thereof and the name in which any such transfer may be
		registered;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(17) the terms and conditions, if any,
		pursuant to which the Securities are convertible into Common Stock of the
		Company pursuant to Article XV, and any variation thereof;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(18) the terms and conditions, if any,
		pursuant to which the Securities are convertible into or exchangeable for any
		other securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(19) any addition to or change in the Events
		of Default set forth in Section 5.01 or the covenants set forth in Article X
		which applies to Securities of the series;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(20) any requirements for Subsidiary
		Guarantees by any Subsidiary Guarantors; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(21) any other terms of the series (which
		terms shall not be inconsistent with the provisions of this Indenture, except
		as permitted by Section 9.01(5)).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All Securities of any one series shall be
		substantially identical except as to denomination and except as may otherwise
		be provided in or pursuant to the Board Resolution referred to</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">27</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">above and (subject to Section 3.03) set
		forth, or determined in the manner provided, in the Officer&#146;s Certificate
		referred to above or in any such indenture supplemental hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any of the terms of the series are
		established by action taken pursuant to a Board Resolution, a copy of an
		appropriate record of such action shall be certified by the Secretary or an
		Assistant Secretary of the Company and delivered to the Trustee at or prior to
		the delivery of the Officer&#146;s Certificate setting forth the terms of the
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may, from time to time, by
		adoption of a Board Resolution and subject to compliance with any other
		applicable provisions of this Indenture, without the consent of the Holders,
		create and issue pursuant to this Indenture additional securities of any series
		of Securities (&#147;Add On Securities&#148;) having terms and conditions
		identical to those of such series of Outstanding Securities, except that such
		Add On Securities:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(A) may have a different issue date from
		such series of Outstanding Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(B) may have a different amount of interest
		payable on the first Interest Payment Date after issuance than is payable on
		such series of Outstanding Securities; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(C) may have terms specified in such Board
		Resolution for such Add On Securities making appropriate adjustments to this
		Article III applicable to such Add On Securities in order to conform to and
		ensure compliance with the Securities Act (or applicable securities laws) which
		are not adverse in any material respect to the Holder of any Outstanding
		Securities (other than such Add On Securities) and which shall not affect the
		rights or duties of the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525184"></A>Section 3.02
		</FONT><U><FONT STYLE="font-size:10pt">Denominations</FONT></U><FONT
		STYLE="font-size:10pt">. The Securities of each series shall be issuable only
		in registered form without coupons in such denominations as shall be specified
		as contemplated by Section 3.01. In the absence of any such specified
		denomination with respect to the Securities of any series, the Securities of
		such series shall be issuable in denominations of $1,000 and any integral
		multiple thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525185"></A>Section 3.03
		</FONT><U><FONT STYLE="font-size:10pt">Execution, Authentication, Delivery and
		Dating</FONT></U><FONT STYLE="font-size:10pt">. The Securities shall be
		executed on behalf of the Company by its Chairman of the Board, its Vice
		Chairman of the Board, its President or one of its Vice Presidents attested by
		its Chief Financial Officer, Finance Director, its Treasurer or an Assistant
		Treasurer, its Secretary or one of its Assistant Secretaries. The signature of
		any of these officers on the Securities may be manual or facsimile.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Securities bearing the manual or facsimile
		signatures of individuals who were at any time the proper officers of the
		Company shall bind the Company, notwithstanding that such individuals or any of
		them have ceased to hold such offices prior to the authentication and delivery
		of such Securities or did not hold such offices at the date of such
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">At any time and from time to time after the
		execution and delivery of this Indenture, the Company may deliver Securities of
		any Series executed by the Company and having endorsed thereon the Subsidiary
		Guarantees executed pursuant to Section 13.02 by the Subsidiary </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">28</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Guarantors to the Trustee for
		authentication, together with a Company Order for the authentication and
		delivery of such Securities with the Subsidiary Guarantees endorsed thereon,
		and the Trustee in accordance with the Company Order shall authenticate and
		deliver such Securities with the Subsidiary Guarantees endorsed thereon. If the
		form or terms of the Securities of the series have been established in or
		pursuant to one or more Board Resolutions as permitted by Sections 2.01 and
		3.01, in authenticating such Securities, and accepting the additional
		responsibilities under this Indenture in relation to such Securities, the
		Trustee shall be entitled to receive, and (subject to Section 6.01) shall be
		fully protected in relying upon, an Opinion of Counsel stating,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) if the form of such Securities has been
		established by or pursuant to Board Resolution as permitted by Section 2.01,
		that such form has been established in conformity with the provisions of this
		Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) if the terms of such Securities have
		been established by or pursuant to Board Resolution as permitted by Section
		3.01, that such terms have been established in conformity with the provisions
		of this Indenture; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) that such Securities, when authenticated
		and delivered by the Trustee and issued by the Company in the manner and
		subject to any conditions specified in such Opinion of Counsel, will constitute
		valid and legally binding obligations of the Company enforceable in accordance
		with their terms, subject to bankruptcy, insolvency, fraudulent transfer,
		reorganization, moratorium and similar laws of general applicability relating
		to or affecting creditors&#146; rights and to general equity principles.</FONT>

	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">If such form or terms have been so
		established, the Trustee shall not be required to authenticate such Securities
		if the issue of such Securities pursuant to this Indenture will affect the
		Trustee&#146;s own rights, duties or immunities under the Securities and this
		Indenture or otherwise in a manner which is not reasonably acceptable to the
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding the provisions of Section
		3.01 and of the preceding paragraph, if all Securities of a series are not to
		be originally issued at one time, it shall not be necessary to deliver the
		Officer&#146;s Certificate otherwise required pursuant to Section 3.01 or the
		Opinion of Counsel otherwise required pursuant to such preceding paragraph at
		or prior to the time of authentication of each Security of such series if such
		documents are delivered at or prior to the authentication upon original
		issuance of the first Security of such series to be issued.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Security shall be dated the date of its
		authentication. No Security or Subsidiary Guarantee shall be entitled to any
		benefit under this Indenture or be valid or obligatory for any purpose unless
		there appears on such Security a certificate of authentication substantially in
		the form provided for herein executed by the Trustee by manual signature, and
		such certificate upon any Security shall be conclusive evidence, and the only
		evidence, that such Security and the Subsidiary Guarantees endorsed thereon
		have been duly authenticated and delivered hereunder. Notwithstanding the
		foregoing, if any Security shall have been authenticated and delivered
		hereunder but never issued and sold by the Company, and the Company shall
		deliver such Security to the Trustee for cancellation as provided in Section
		3.09, for all purposes of this </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">29</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Indenture such Security shall be deemed
		never to have been authenticated and delivered hereunder and shall never be
		entitled to the benefits of this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525186"></A>Section 3.04
		</FONT><U><FONT STYLE="font-size:10pt">Temporary Securities</FONT></U><FONT
		STYLE="font-size:10pt">. Pending the preparation of definitive Securities of
		any series, the Company may execute, and upon Company Order the Trustee shall
		authenticate and deliver, temporary Securities which are printed, lithographed,
		typewritten, mimeographed or otherwise produced, in any authorized
		denomination, substantially of the tenor of the definitive Securities in lieu
		of which they are issued and having endorsed thereon the Subsidiary Guarantees
		substantially of the tenor of the definitive Subsidiary Guarantees in lieu of
		which they are issued duly executed by the Subsidiary Guarantors and with such
		appropriate insertions, omissions, substitutions and other variations as the
		officers executing such Securities and Subsidiary Guarantees may determine, as
		evidenced by their execution of such Securities and Subsidiary
		Guarantees.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If temporary Securities of any series are
		issued, the Company will cause definitive Securities of that series to be
		prepared without unreasonable delay. After the preparation of definitive
		Securities of such series, the temporary Securities of such series shall be
		exchangeable for definitive Securities of such series upon surrender of the
		temporary Securities of such series at the office or agency of the Company in a
		Place of Payment for that series, without charge to the Holder. Upon surrender
		for cancellation of any one or more temporary Securities of any series the
		Company shall execute and the Trustee shall authenticate and deliver in
		exchange therefor one or more definitive Securities of the same series, of any
		authorized denominations and of a like aggregate principal amount and having
		endorsed thereon Subsidiary Guarantees of the same tenor executed by the
		Subsidiary Guarantors. Until so exchanged, the temporary Securities of any
		series shall in all respects be entitled to the same benefits under this
		Indenture as definitive Securities of such series and tenor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525187"></A>Section 3.05
		</FONT><U><FONT STYLE="font-size:10pt">Registration, Registration of Transfer
		and Exchange</FONT></U><FONT STYLE="font-size:10pt">. The Company shall cause
		to be kept at the Corporate Trust Office of the Trustee a register (the
		register maintained in such office and in any other office or agency of the
		Company in a Place of Payment being herein sometimes collectively referred to
		as the &#147;Security Register&#148;) in which, subject to such reasonable
		regulations as it may prescribe, the Company shall provide for the registration
		of Securities and of transfers of Securities. The Trustee is hereby appointed
		&#147;Security Registrar&#148; for the purpose of registering Securities and
		transfers of Securities as herein provided.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Upon surrender for registration of transfer
		of any Security of any series at the office or agency in a Place of Payment for
		that series, the Company shall execute, and the Trustee shall authenticate and
		deliver, in the name of the designated transferee or transferees, one or more
		new Securities of the same series, of any authorized denominations and of a
		like tenor and aggregate principal amount, each such Security having endorsed
		thereon the Subsidiary Guarantees executed by the Subsidiary Guarantors.</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">At the option of the Holder, Securities of
		any series may be exchanged for other Securities of the same series, of any
		authorized denominations and of a like tenor and aggregate principal amount,
		and having the Subsidiary Guarantee endorsed thereon executed by each
		Subsidiary Guarantor, upon surrender of the Securities to be exchanged at such
		office or agency. Whenever any Securities are so surrendered for exchange, the
		Company shall execute, the</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">30</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Subsidiary Guarantors shall execute the
		Subsidiary Guarantees endorsed on, and the Trustee shall authenticate and
		deliver, the Securities which the Holder making the exchange is entitled to
		receive.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All Securities and the Subsidiary Guarantees
		endorsed thereon issued upon any registration of transfer or exchange of
		Securities shall be the valid obligations of the Company and the respective
		Subsidiary Guarantors, evidencing the same debt and Subsidiary Guarantees, and
		entitled to the same benefits under this Indenture, as the Securities and
		Subsidiary Guarantees surrendered upon such registration of transfer or
		exchange.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every Security presented or surrendered for
		registration of transfer or for exchange shall (if so required by the Company
		or the Trustee) be duly endorsed, or be accompanied by a written instrument of
		transfer in form satisfactory to the Company and the Security Registrar duly
		executed, by the Holder thereof or his attorney duly authorized in
		writing.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No service charge shall be made for any
		registration of transfer or exchange of Securities, but the Company or Security
		Registrar may require payment of a sum sufficient to cover any tax or other
		governmental charge that may be imposed in connection with any registration of
		transfer or exchange of Securities, other than exchanges pursuant to Section
		3.04 or 9.06 not involving any transfer.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company shall not be required (1) to
		issue, register the transfer of or exchange Securities of any series during a
		period beginning at the opening of business 15 days before the day of the
		mailing of a notice of redemption of Securities of that series selected for
		redemption under Section 11.03 and ending at the close of business on the day
		of such mailing, or (2) to register the transfer of or exchange any Security so
		selected for redemption in whole or in part, except the unredeemed portion of
		any Security being redeemed in part.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding any other provision in this
		Indenture, no Global Security may be transferred to, or registered or exchanged
		for Securities registered in the name of, any Person other than the Depositary
		for such Global Security or any nominee thereof, and no such transfer may be
		registered, unless (1) such Depositary (A) notifies the Company that it is
		unwilling or unable to continue as Depositary for such Global Security or (B)
		has ceased to be a clearing agency registered under the Exchange Act, (2) the
		Company executes and delivers to the Trustee a Company Order that such Global
		Security shall be so transferable, registrable and exchangeable, and such
		transfers shall be registrable, (3) there shall have occurred and be continuing
		an Event of Default with respect to the Securities evidenced by such Global
		Security or (4) there shall exist such other circumstances, if any, as have
		been specified for this purpose as contemplated by Section 3.01.
		Notwithstanding any other provision in this Indenture, a Global Security to
		which the restriction set forth in the preceding sentence shall have ceased to
		apply may be transferred only to, and may be registered and exchanged for
		Securities registered only in the name or names of, such Person or Persons as
		the Depositary for such Global Security shall have directed and no transfer
		thereof other than such a transfer may be registered.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every Security authenticated and delivered
		upon registration of transfer of, or in exchange for or in lieu of, a Global
		Security to which the restriction set forth in the first sentence of the
		preceding paragraph shall apply, whether pursuant to this Section, Section
		3.04, 3.06 or</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">31</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">9.06 or otherwise, shall be authenticated
		and delivered in the form of, and shall be, a Global Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525188"></A>Section 3.06
		</FONT><U><FONT STYLE="font-size:10pt">Mutilated, Destroyed, Lost and Stolen
		Securities</FONT></U><FONT STYLE="font-size:10pt">. If any mutilated Security
		is surrendered to the Trustee, the Company shall execute, the Subsidiary
		Guarantors shall execute the Subsidiary Guarantees endorsed thereon, and the
		Trustee shall authenticate and deliver in exchange therefor a new Security of
		the same series and of like tenor and principal amount and bearing a number not
		contemporaneously outstanding.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If there shall be delivered to the Company
		and the Trustee (i) evidence to their satisfaction of the destruction, loss or
		theft of any Security and (ii) such security or indemnity as may be required by
		them to save each of them, each Subsidiary Guarantor and any agent of either of
		them harmless, then, in the absence of notice to the Company or the Trustee
		that such Security has been acquired by a bona fide purchaser, the Company
		shall execute and the Trustee shall authenticate and deliver, in lieu of any
		such destroyed, lost or stolen Security, a new Security of the same series and
		of like tenor and principal amount and bearing a number not contemporaneously
		outstanding and having endorsed thereon the Subsidiary Guarantees executed by
		the Subsidiary Guarantors.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In case any such mutilated, destroyed, lost
		or stolen Security has become or is about to become due and payable, the
		Company in its discretion may, instead of issuing a new Security, pay such
		Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Upon the issuance of any new Security under
		this Section, the Company may require the payment of a sum sufficient to cover
		any tax or other governmental charge that may be imposed in relation thereto
		and any other expenses (including the fees and expenses of the Trustee) in
		connection therewith.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every new Security of any series issued
		pursuant to this Section in exchange for any mutilated Security or in lieu of
		any destroyed, lost or stolen Security shall constitute an original additional
		contractual obligation of the Company and the respective Subsidiary Guarantors,
		whether or not the mutilated, destroyed, lost or stolen Security shall be at
		any time enforceable by anyone, and shall be entitled to all the benefits of
		this Indenture equally and proportionately with any and all other Securities of
		that series duly issued hereunder.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The provisions of this Section are exclusive
		and shall preclude (to the extent lawful) all other rights and remedies with
		respect to the replacement or payment of mutilated, destroyed, lost or stolen
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525189"></A>Section 3.07
		</FONT><U><FONT STYLE="font-size:10pt">Payment of Interest; Interest Rights
		Preserved</FONT></U><FONT STYLE="font-size:10pt">. Except as otherwise provided
		as contemplated by Section 3.01 with respect to any series of Securities,
		interest on any Security which is payable, and is punctually paid or duly
		provided for, on any Interest Payment Date shall be paid to the Person in whose
		name that Security (or one or more Predecessor Securities) is registered at the
		close of business on the Regular Record Date for such interest.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any interest on any Security of any series
		which is payable, but is not punctually paid or duly provided for, on any
		Interest Payment Date (herein called &#147;Defaulted Interest&#148;) shall
		forthwith cease to be payable to the Holder on the relevant Regular Record Date
		by virtue of</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">32</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">having been such Holder, and such Defaulted
		Interest may be paid by the Company, at its election in each case, as provided
		in Clause (1) or (2) below:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) The Company may elect to make payment of
		any Defaulted Interest to the Persons in whose names the Securities of such
		series (or their respective Predecessor Securities) are registered at the close
		of business on a Special Record Date for the payment of such Defaulted
		Interest, which shall be fixed in the following manner. The Company shall
		notify the Trustee in writing of the amount of Defaulted Interest proposed to
		be paid on each Security of such series and the date of the proposed payment,
		and at the same time the Company shall deposit with the Trustee an amount of
		money equal to the aggregate amount proposed to be paid in respect of such
		Defaulted Interest or shall make arrangements satisfactory to the Trustee for
		such deposit prior to the date of the proposed payment, such money when
		deposited to be held in trust for the benefit of the Persons entitled to such
		Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix
		a Special Record Date for the payment of such Defaulted Interest which shall be
		not more than 15 days and not less than 10 days prior to the date of the
		proposed payment and not less than 10 days after the receipt by the Trustee of
		the notice of the proposed payment. The Trustee shall promptly notify the
		Company of such Special Record Date and, in the name and at the expense of the
		Company, shall cause notice of the proposed payment of such Defaulted Interest
		and the Special Record Date therefor to be delivered electronically or mailed,
		first-class postage prepaid, to each Holder of Securities of such series at his
		address as it appears in the Security Register, not less than 10 days prior to
		such Special Record Date. Notice of the proposed payment of such Defaulted
		Interest and the Special Record Date therefor having been so mailed, such
		Defaulted Interest shall be paid to the Persons in whose names the Securities
		of such series (or their respective Predecessor Securities) are registered at
		the close of business on such Special Record Date and shall no longer be
		payable pursuant to the following Clause (2).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) The Company may make payment of any
		Defaulted Interest on the Securities of any series in any other lawful manner
		not inconsistent with the requirements of any securities exchange on which such
		Securities may be listed, and upon such notice as may be required by such
		exchange, if, after notice given by the Company to the Trustee of the proposed
		payment pursuant to this Clause, such manner of payment shall be deemed
		practicable by the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to the foregoing provisions of this
		Section, each Security delivered under this Indenture upon registration of
		transfer of or in exchange for or in lieu of any other Security shall carry the
		rights to interest accrued and unpaid, and to accrue, which were carried by
		such other Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to the provisions of Section 15.02,
		in the case of any Security which is converted after any Regular Record Date
		and on or prior to the next succeeding Interest Payment Date, interest whose
		Stated Maturity is on such Interest Payment Date shall be payable on such
		Interest Payment Date notwithstanding such conversion, and such interest
		(whether or not punctually paid or duly provided for) shall be paid to the
		Person in whose name that Security (or one or more Predecessor Securities) is
		registered at the close of business on such Regular Record Date. Except as
		otherwise expressly provided in the immediately preceding sentence, in the case
		of any </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">33</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Security which is converted, interest whose
		Stated Maturity is after the date of conversion of such Security shall not be
		payable.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525190"></A>Section 3.08
		</FONT><U><FONT STYLE="font-size:10pt">Persons Deemed Owners</FONT></U><FONT
		STYLE="font-size:10pt">. Prior to due presentment of a Security for
		registration of transfer, the Company, the Subsidiary Guarantors, the Trustee
		and any agent of the Company, the Subsidiary Guarantors or the Trustee may
		treat the Person in whose name such Security is registered as the owner of such
		Security for the purpose of receiving payment of principal of and any premium
		and (subject to Section 3.07) any interest on such Security and for all other
		purposes whatsoever, whether or not such Security be overdue, and neither the
		Company, the Subsidiary Guarantors, the Trustee nor any agent of the Company,
		the Subsidiary Guarantors or the Trustee shall be affected by notice to the
		contrary.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525191"></A>Section 3.09
		</FONT><U><FONT STYLE="font-size:10pt">Cancellation</FONT></U><FONT
		STYLE="font-size:10pt">. All Securities surrendered for payment, redemption,
		registration of transfer or exchange or conversion or for credit against any
		sinking fund payment shall, if surrendered to any Person other than the
		Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The
		Company may at any time deliver to the Trustee for cancellation any Securities
		previously authenticated and delivered hereunder which the Company may have
		acquired in any manner whatsoever, and may deliver to the Trustee (or to any
		other Person for delivery to the Trustee) for cancellation any Securities
		previously authenticated hereunder which the Company has not issued and sold,
		and all Securities so delivered shall be promptly cancelled by the Trustee. No
		Securities shall be authenticated in lieu of or in exchange for any Securities
		cancelled as provided in this Section, except as expressly permitted by this
		Indenture. All cancelled Securities held by the Trustee shall be disposed of by
		the Trustee in its customary manner.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525192"></A>Section 3.10
		</FONT><U><FONT STYLE="font-size:10pt">Computation of Interest</FONT></U><FONT
		STYLE="font-size:10pt">. Except as otherwise specified as contemplated by
		Section 3.01 for Securities of any series, interest on the Securities of each
		series shall be computed on the basis of a 360-day year of twelve 30-day
		months.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525193"></A>Section 3.11
		</FONT><U><FONT STYLE="font-size:10pt">CUSIP Numbers</FONT></U><FONT
		STYLE="font-size:10pt">. The Company in issuing the Securities may use
		&#147;CUSIP&#148; numbers (if then generally in use), and, if so, the Trustee
		shall use &#147;CUSIP&#148; numbers in notices of redemption as a convenience
		to Holders; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that any such notice may state that no representation
		is made as to the correctness of such numbers either as printed on the
		Securities or as contained in any notice of a redemption and that reliance may
		be placed only on the other identification numbers printed on the Securities,
		and any such redemption shall not be affected by any defect in or omission of
		such numbers. The Company will promptly notify the Trustee of any changes in
		the &#147;CUSIP&#148; numbers.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525194"></A>ARTICLE
		IV</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SATISFACTION AND DISCHARGE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525195"></A>Section 4.01
		</FONT><U><FONT STYLE="font-size:10pt">Satisfaction and Discharge of
		Indenture</FONT></U><FONT STYLE="font-size:10pt">. This Indenture shall upon
		Company Request cease to be of further effect (except as to any surviving
		rights of conversion, registration of transfer or exchange of Securities herein
		expressly provided for), and the Trustee, at the expense of the Company, shall
		execute proper instruments acknowledging satisfaction and discharge of this
		Indenture, when</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">34</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) either</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(A) all Securities theretofore authenticated
		and delivered (other than (i) Securities which have been destroyed, lost or
		stolen and which have been replaced or paid as provided in Section 3.06 and
		(ii) Securities for whose payment money has theretofore been deposited in trust
		or segregated and held in trust by the Company and thereafter repaid to the
		Company or discharged from such trust) have been delivered to the Trustee for
		cancellation; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(B) all such Securities not theretofore
		delivered to the Trustee for cancellation;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(i) have become due and payable, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(ii) will become due and payable at their
		Stated Maturity within one year, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(iii) are to be called for redemption within
		one year under arrangements satisfactory to the Trustee for the giving of
		notice of redemption by the Trustee in the name, and at the expense, of the
		Company, and the Company and/or a Subsidiary Guarantor, in the case of (i),
		(ii) or (iii) above, has deposited or caused to be deposited with the Trustee
		as trust funds in trust for the purpose an amount sufficient to pay and
		discharge the entire indebtedness on such Securities not theretofore delivered
		to the Trustee for cancellation, for principal and any premium and interest to
		the date of such deposit (in the case of Securities which have become due and
		payable) or to the Stated Maturity or Redemption Date, as the case may
		be;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Company and/or a Subsidiary
		Guarantor has paid or caused to be paid all other sums payable hereunder by the
		Company and the Subsidiary Guarantors; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) the Company has delivered to the Trustee
		an Officer&#146;s Certificate and an Opinion of Counsel, each stating that all
		conditions precedent herein provided for relating to the satisfaction and
		discharge of this Indenture have been complied with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding the satisfaction and
		discharge of this Indenture, the obligations of the Company to the Trustee
		under Section 6.07, and, if money shall have been deposited with the Trustee
		pursuant to subclause (B) of Clause (1) of this Section, the obligations of the
		Trustee under Section 4.02, shall survive such satisfaction and
		discharge.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525196"></A>Section 4.02
		</FONT><U><FONT STYLE="font-size:10pt">Application of Trust
		Money</FONT></U><FONT STYLE="font-size:10pt">. All money deposited with the
		Trustee pursuant to Section 4.01 shall be held in trust and applied by it, in
		accordance with the provisions of the Securities and this Indenture, to the
		payment, either directly or through any Paying Agent (including the Company
		acting as its own Paying Agent) as the Trustee may determine, to the Persons
		entitled thereto, of the principal and any premium and interest for whose
		payment such money has been deposited with the Trustee.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525197"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">35</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">ARTICLE V</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">REMEDIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525198"></A>Section 5.01
		</FONT><U><FONT STYLE="font-size:10pt">Events of Default</FONT></U><FONT
		STYLE="font-size:10pt">. &#147;Event of Default&#148;, wherever used herein
		with respect to Securities of any series, means any one of the following events
		(whatever the reason for such Event of Default and whether it shall be
		voluntary or involuntary or be effected by operation of law or pursuant to any
		judgment, decree or order of any court or any order, rule or regulation of any
		administrative or governmental body):</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) default in the payment of any interest
		upon any Security of that series when it becomes due and payable, and
		continuance of such default for a period of 30 days; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) default in the payment of the principal
		of (or premium, if any, on) any Security of that series at its Maturity;
		or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) default in the deposit of any sinking
		fund payment, when and as due by the terms of a Security of that series;
		or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) default in the performance, or breach,
		of Section 8.01 or Section 8.02; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) default in the performance, or breach,
		of any covenant or warranty of the Company in this Indenture (other than a
		covenant or warranty a default in whose performance or whose breach is
		elsewhere in this Section specifically dealt with or which has expressly been
		included in this Indenture solely for the benefit of series of Securities other
		than that series), and continuance of such default or breach for a period of 60
		days after there has been given, by registered or certified mail, to the
		Company by the Trustee or to the Company and the Trustee by the Holders of at
		least 25% in principal amount of the Outstanding Securities of that series a
		written notice specifying such default or breach and requiring it to be
		remedied and stating that such notice is a &#147;Notice of Default&#148;
		hereunder; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) the Company shall fail to pay any
		Indebtedness in excess of $25,000,000 owing by the Company, or any interest or
		premium thereon, when due (whether by scheduled maturity, required prepayment,
		acceleration, demand or otherwise), and such failure shall continue after the
		applicable grace period, if any, specified in the agreement or instrument
		relating to such Indebtedness, or the Company shall fail to perform any term,
		covenant or agreement on its part to be performed under any agreement or
		instrument evidencing or securing or relating to any such Indebtedness, if the
		effect of such failure in either case is that the maturity of such Indebtedness
		is duly accelerated, without such Indebtedness having been discharged or such
		acceleration having been rescinded or annulled, in each such case, within a
		period of 10 days after there shall have been given, by registered or certified
		mail, to the Company by the Trustee or to the Company and the Trustee by
		Holders of at least 25% in principal amount of the Outstanding Securities of
		that series, a written notice specifying such default and requiring the Company
		to cause such Indebtedness to be discharged or cause such acceleration to be
		rescinded or annulled, as the case may be, and stating that such notice is a
		&#147;Notice of Default&#148; hereunder</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">36</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">(the Trustee shall not be deemed to have
		knowledge of a default under this subsection (6) unless it shall have actual
		knowledge thereof); </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that, subject to the provisions of Sections 6.01 and
		6.05, the Trustee shall not be deemed to have knowledge of such failure to pay
		unless either (A) a Responsible Officer of the Trustee shall have actual
		knowledge of such failure to pay or (B) the Trustee shall have received written
		notice thereof from the Company, from any Holder, from the holder of any such
		Indebtedness or from the trustee thereunder; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) the entry by a court having jurisdiction
		in the premises of (A) a decree or order for relief in respect of the Company
		or any Subsidiary Guarantor that is a Significant Subsidiary in an involuntary
		case or proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or (B) a decree or order
		adjudging the Company or any Subsidiary Guarantor that is a Significant
		Subsidiary a bankrupt or insolvent, or approving as properly filed a petition
		seeking reorganization, arrangement, adjustment or composition of or in respect
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary
		under any applicable Federal, State or foreign law, or appointing a custodian,
		receiver, liquidator, assignee, trustee, sequestrator or other similar official
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary or
		of any substantial part of its property, or ordering the winding up or
		liquidation of its affairs, and the continuance of any such decree or order for
		relief or any such other decree or order unstayed and in effect for a period of
		90 consecutive days; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) the commencement by the Company or any
		Subsidiary Guarantor that is a Significant Subsidiary of a voluntary case or
		proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or of any other case or
		proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to
		the entry of a decree or order for relief in respect of the Company or any
		Subsidiary Guarantor that is a Significant Subsidiary in an involuntary case or
		proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or to the commencement of any
		bankruptcy or insolvency case or proceeding against it, or the filing by it of
		a petition or answer or consent seeking reorganization or relief under any
		applicable Federal, State or foreign law, or the consent by it to the filing of
		such petition or to the appointment of or taking possession by a custodian,
		receiver, liquidator, assignee, trustee, sequestrator or other similar official
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary or
		of any substantial part of its property, or the making by it of an assignment
		for the benefit of creditors, or the admission by it in writing of its
		inability to pay its debts generally as they become due, or the taking of
		corporate action by the Company or any Subsidiary Guarantor that is a
		Significant Subsidiary in furtherance of any such action;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(9) except as permitted by the terms hereof
		and the Securities, the cessation of effectiveness of any Subsidiary Guarantee
		of a Significant Subsidiary or the finding by any judicial proceeding that any
		such Subsidiary Guarantee is unenforceable or invalid or the denial or
		disaffirmation by any Subsidiary Guarantor that is a Significant Subsidiary of
		its obligations under its Subsidiary Guarantee; or of that series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525199"></A>Section 5.02
		</FONT><U><FONT STYLE="font-size:10pt">Acceleration of Maturity; Rescission and
		Annulment</FONT></U><FONT STYLE="font-size:10pt">. If an Event of Default
		(other than an Event of Default specified in Section 5.01(7) or 5.01(8)) with
		respect to Securities of any series at the time Outstanding occurs and is
		continuing, then in every such case </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">37</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">the Trustee or the Holders of not less than
		25% in principal amount of the Outstanding Securities of that series may
		declare the principal amount (or, if any of the Securities of that series are
		Original Issue Discount Securities, such portion of the principal amount of
		such Securities as may be specified in the terms thereof) and unpaid interest
		of all of the Securities of that series to be due and payable immediately, by a
		notice in writing to the Company (and to the Trustee if given by Holders), and
		upon any such declaration such principal amount (or specified amount) shall
		become immediately due and payable. If an Event of Default specified in Section
		5.01(7) or 5.01(8) with respect to Securities of any series at the time
		Outstanding occurs, the principal amount of all the Securities of that series
		(or, in the case of any Security of that series which specifies an amount to be
		due and payable thereon upon acceleration of the Maturity thereof, such amount
		as may be specified by the terms thereof) and unpaid interest shall
		automatically, and without any declaration or other action on the part of the
		Trustee or any Holder, become immediately due and payable without any action by
		the indenture trustee of the holder of the debt securities of that
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">At any time after such a declaration of
		acceleration with respect to Securities of any series has been made and before
		a judgment or decree for payment of the money due has been obtained by the
		Trustee as hereinafter in this Article provided, the Holders of a majority in
		outstanding principal amount of the Outstanding Securities of that series, by
		written notice to the Company and the Trustee, may rescind and annul such
		declaration and its consequences if</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Company and/or any Subsidiary
		Guarantor has paid or deposited with the Trustee a sum sufficient to pay</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(A) all overdue interest on all Securities
		of that series,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(B) the principal of (and premium, if any,
		on) any Securities of that series which have become due otherwise than by such
		declaration of acceleration and any interest thereon at the rate or rates
		prescribed therefor in such Securities,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(C) to the extent that payment of such
		interest is lawful, interest upon overdue interest at the rate or rates
		prescribed therefor in such Securities, and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(D) all sums paid or advanced by the Trustee
		hereunder and the reasonable compensation, expenses, disbursements and advances
		of the Trustee, its agents and counsel; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) all Events of Default with respect to
		Securities of that series, other than the non-payment of the principal of
		Securities of that series which have become due solely by such declaration of
		acceleration, have been cured or waived as provided in Section 5.13.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">No such rescission shall affect any
		subsequent default or impair any right consequent thereon.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525200"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">38</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 5.03 </FONT><U><FONT
		STYLE="font-size:10pt">Collection of Indebtedness and Suits for Enforcement by
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. The Company covenants that
		if:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) default is made in the payment of any
		interest on any Security when such interest becomes due and payable and such
		default continues for a period of 30 days, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) default is made in the payment of the
		principal of (or premium, if any, on) any Security at the Maturity
		thereof,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">the Company will, upon demand of the
		Trustee, pay to it, for the benefit of the Holders of such Securities, the
		whole amount then due and payable on such Securities for principal and any
		premium and interest and, to the extent that payment of such interest shall be
		legally enforceable, interest on any overdue principal and premium and on any
		overdue interest, at the rate or rates prescribed therefor in such Securities,
		and, in addition thereto, such further amount as shall be sufficient to cover
		the costs and expenses of collection, including the reasonable compensation,
		expenses, disbursements and advances of the Trustee, its agents and
		counsel.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If an Event of Default with respect to
		Securities of any series occurs and is continuing, the Trustee may in its
		discretion proceed to protect and enforce its rights and the rights of the
		Holders of Securities of such series by such appropriate judicial proceedings
		as the Trustee shall deem necessary to protect and enforce any such rights,
		whether for the specific enforcement of any covenant or agreement in this
		Indenture or in aid of the exercise of any power granted herein, or to enforce
		any other proper remedy.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525201"></A>Section 5.04
		</FONT><U><FONT STYLE="font-size:10pt">Trustee May File Proofs of
		Claim</FONT></U><FONT STYLE="font-size:10pt">. In case of any judicial
		proceeding relative to the Company or any Subsidiary Guarantor (or any other
		obligor upon the Securities), or any of the property or creditors of the
		Company or any Subsidiary Guarantor (or any other obligor upon the Securities),
		the Trustee shall be entitled and empowered, by intervention in such proceeding
		or otherwise, to take any and all actions authorized under the Trust Indenture
		Act in order to have claims of the Holders and the Trustee allowed in any such
		proceeding. In particular, the Trustee shall be authorized to collect and
		receive any moneys or other property payable or deliverable on any such claims
		and to distribute the same; and any custodian, receiver, assignee, trustee,
		liquidator, sequestrator or other similar official in any such judicial
		proceeding is hereby authorized by each Holder to make such payments to the
		Trustee and, in the event that the Trustee shall consent to the making of such
		payments directly to the Holders, to pay to the Trustee any amount due it for
		the reasonable compensation, expenses, disbursements and advances of the
		Trustee, its agents and counsel, and any other amounts due the Trustee under
		Section&nbsp;6.07.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No provision of this Indenture shall be
		deemed to authorize the Trustee to authorize or consent to or accept or adopt
		on behalf of any Holder any plan of reorganization, arrangement, adjustment or
		composition affecting the Securities or the rights of any Holder thereof or to
		authorize the Trustee to vote in respect of the claim of any Holder in any such
		proceeding; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		the Trustee may, on behalf of the Holders, vote for the election of a trustee
		in bankruptcy or similar official and be a member of a creditors&#146; or other
		similar committee.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525202"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">39</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 5.05 </FONT><U><FONT
		STYLE="font-size:10pt">Trustee May Enforce Claims Without Possession of
		Securities</FONT></U><FONT STYLE="font-size:10pt">. All rights of action and
		claims under this Indenture or the Securities may be prosecuted and enforced by
		the Trustee without the possession of any of the Securities or the production
		thereof in any proceeding relating thereto, and any such proceeding instituted
		by the Trustee shall be brought in its own name as trustee of an express trust,
		and any recovery of judgment shall, after provision for the payment of the
		reasonable compensation, expenses, disbursements and advances of the Trustee,
		its agents and counsel, be for the ratable benefit of the Holders of the
		Securities in respect of which such judgment has been recovered.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525203"></A>Section 5.06
		</FONT><U><FONT STYLE="font-size:10pt">Application of Money
		Collected</FONT></U><FONT STYLE="font-size:10pt">. Any money collected by the
		Trustee pursuant to this Article shall be applied in the following order, at
		the date or dates fixed by the Trustee and, in case of the distribution of such
		money on account of principal or any premium or interest, upon presentation of
		the Securities and the notation thereon of the payment if only partially paid
		and upon surrender thereof if fully paid:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">FIRST: To the payment of all amounts due the
		Trustee under Section 6.07;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">SECOND: To the payment of the amounts then
		due and unpaid for principal of and any premium and interest on the Securities
		in respect of which or for the benefit of which such money has been collected,
		ratably, without preference or priority of any kind, according to the amounts
		due and payable on such Securities for principal and any premium and interest,
		respectively; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">THIRD: To the Company, or to the extent the
		Trustee collects any amount from any Subsidiary Guarantor, to the Subsidiary
		Guarantor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525204"></A>Section 5.07
		</FONT><U><FONT STYLE="font-size:10pt">Limitation on Suits</FONT></U><FONT
		STYLE="font-size:10pt">. No Holder of any Security of any series shall have any
		right to institute any proceeding, judicial or otherwise, with respect to this
		Indenture, or for the appointment of a receiver or trustee, or for any other
		remedy hereunder, unless</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) such Holder has previously given written
		notice to the Trustee of a continuing Event of Default with respect to the
		Securities of that series;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Holders of not less than 25% in
		principal amount of the Outstanding Securities of that series shall have made
		written request to the Trustee to institute proceedings in respect of such
		Event of Default in its own name as Trustee hereunder;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) such Holder or Holders have offered to
		the Trustee reasonable indemnity satisfactory to it against the costs, expenses
		and liabilities to be incurred in compliance with such request;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the Trustee for 60 days after its
		receipt of such notice, request and offer of indemnity has failed to institute
		any such proceeding; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) no direction inconsistent with such
		written request has been given to the Trustee during such 60-day period by the
		Holders of a majority in principal amount of the Outstanding Securities of that
		series;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">40</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">it being understood and intended that no one
		or more of such Holders shall have any right in any manner whatever by virtue
		of, or by availing of, any provision of this Indenture to affect, disturb or
		prejudice the rights of any other of such Holders, or to obtain or to seek to
		obtain priority or preference over any other of such Holders or to enforce any
		right under this Indenture, except in the manner herein provided and for the
		equal and ratable benefit of all of such Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525205"></A>Section 5.08
		</FONT><U><FONT STYLE="font-size:10pt">Unconditional Right of Holders to
		Receive Principal, Premium and Interest and to Convert</FONT></U><FONT
		STYLE="font-size:10pt">. Notwithstanding any other provision in this Indenture,
		the Holder of any Security shall have the right, which is absolute and
		unconditional, to receive payment of the principal of and any premium and
		(subject to Section 3.07) interest on such Security on the respective Stated
		Maturities expressed in such Security (or, in the case of redemption, on the
		Redemption Date) and to convert such Security in accordance with Article XV and
		to institute suit for the enforcement of any such payment and right to convert,
		and such rights shall not be impaired without the consent of such
		Holder.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525206"></A>Section 5.09
		</FONT><U><FONT STYLE="font-size:10pt">Restoration of Rights and
		Remedies</FONT></U><FONT STYLE="font-size:10pt">. If the Trustee or any Holder
		has instituted any proceeding to enforce any right or remedy under this
		Indenture and such proceeding has been discontinued or abandoned for any
		reason, or has been determined adversely to the Trustee or to such Holder, then
		and in every such case, subject to any determination in such proceeding, the
		Company, the Subsidiary Guarantors, the Trustee and the Holders shall be
		restored severally and respectively to their former positions hereunder and
		thereafter all rights and remedies of the Trustee and the Holders shall
		continue as though no such proceeding had been instituted.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525207"></A>Section 5.10
		</FONT><U><FONT STYLE="font-size:10pt">Rights and Remedies
		Cumulative</FONT></U><FONT STYLE="font-size:10pt">. Except as otherwise
		provided with respect to the replacement or payment of mutilated, destroyed,
		lost or stolen Securities in the last paragraph of Section 3.06, no right or
		remedy herein conferred upon or reserved to the Trustee or to the Holders is
		intended to be exclusive of any other right or remedy, and every right and
		remedy shall, to the extent permitted by law, be cumulative and in addition to
		every other right and remedy given hereunder or now or hereafter existing at
		law or in equity or otherwise. The assertion or employment of any right or
		remedy hereunder, or otherwise, shall not prevent the concurrent assertion or
		employment of any other appropriate right or remedy.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525208"></A>Section 5.11
		</FONT><U><FONT STYLE="font-size:10pt">Delay or Omission Not
		Waiver</FONT></U><FONT STYLE="font-size:10pt">. No delay or omission of the
		Trustee or of any Holder of any Securities to exercise any right or remedy
		accruing upon any Event of Default shall impair any such right or remedy or
		constitute a waiver of any such Event of Default or an acquiescence therein.
		Every right and remedy given by this Article or by law to the Trustee or to the
		Holders may be exercised from time to time, and as often as may be deemed
		expedient, by the Trustee or by the Holders, as the case may be.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525209"></A>Section 5.12
		</FONT><U><FONT
		STYLE="font-size:10pt">Control by Holders</FONT></U><FONT
		STYLE="font-size:10pt">. The Holders of a majority in principal amount of the
		Outstanding Securities of any series shall have the right to direct the time,
		method and place of conducting any proceeding for any remedy available to the
		Trustee, or exercising any trust or power conferred on the Trustee, with
		respect to the Securities of such series, </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">
		that</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) such direction shall not be in conflict
		with any rule of law or with this Indenture,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">41</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Trustee may take any other action
		deemed proper by the Trustee which is not inconsistent with such direction,
		and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) subject to the provisions of Section
		6.01, the Trustee shall have the right to decline to follow any such direction
		if the Trustee in good faith shall, by a Responsible Officer or Officers of the
		Trustee, determine, and the Trustee shall have received a legal opinion
		stating, that the proceedings so directed would involve the Trustee in personal
		liability.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525210"></A>Section 5.13
		</FONT><U><FONT STYLE="font-size:10pt">Waiver of Past Defaults</FONT></U><FONT
		STYLE="font-size:10pt">. The Holders of not less than a majority in principal
		amount of the Outstanding Securities of any series may on behalf of the Holders
		of all the Securities of such series waive any past default hereunder with
		respect to such series and its consequences, except a default</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) in the payment of the principal of or
		any premium or interest on any Security of such series, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) in respect of a covenant or provision
		hereof which under Article IX cannot be modified or amended without the consent
		of the Holder of each Outstanding Security of such series affected.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Upon any such waiver, such default shall
		cease to exist, and any Event of Default arising therefrom shall be deemed to
		have been cured, for every purpose of this Indenture; but no such waiver shall
		extend to any subsequent or other default or impair any right consequent
		thereon.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525211"></A>Section 5.14
		</FONT><U><FONT STYLE="font-size:10pt">Undertaking for Costs</FONT></U><FONT
		STYLE="font-size:10pt">. In any suit for the enforcement of any right or remedy
		under this Indenture, or in any suit against the Trustee for any action taken,
		suffered or omitted by it as Trustee, a court may require any party litigant in
		such suit to file an undertaking to pay the costs of such suit, and may assess
		costs against any such party litigant, in the manner and to the extent provided
		in the Trust Indenture Act; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		neither this Section nor the Trust Indenture Act shall apply to any suit
		instituted by the Trustee, to any suit instituted by any Holders of the
		Securities, or group of Holders of the Securities, holding in the aggregate
		more than 10% of principal amount of the Outstanding Securities of any series,
		or to any suit instituted by any Holder of the Outstanding Securities for the
		enforcement of the payment of principal of or interest on any Outstanding
		Securities held by such Holder, on or after the respective due dates expressed
		in such Outstanding Securities, and </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">further</FONT></U><FONT
		STYLE="font-size:10pt">, that neither this Section nor the Trust Indenture Act
		shall be deemed to authorize any court to require such an undertaking or to
		make such an assessment in any suit instituted by the Company or any Subsidiary
		Guarantor or the Trustee or, if applicable, in any suit for the enforcement of
		the right to convert any Security in accordance with Article XV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525212"></A>Section 5.15
		</FONT><U><FONT STYLE="font-size:10pt">Waiver of Usury, Stay or Extension
		Laws</FONT></U><FONT STYLE="font-size:10pt">. Each of the Company and each
		Subsidiary Guarantor covenants (to the extent that it may lawfully do so) that
		it will not at any time insist upon, or plead, or in any manner whatsoever
		claim or take the benefit or advantage of, any usury, stay or extension law
		wherever enacted, now or at any time hereafter in force, which may affect the
		covenants or the performance of this Indenture; and each of the Company and
		each Subsidiary Guarantor (to the extent that it may lawfully do so) hereby
		expressly waives all benefit or advantage of any such law and covenants that it
		will not hinder, delay or impede the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">42</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">execution of any power herein granted to the
		Trustee, but will suffer and permit the execution of every such power as though
		no such law had been enacted.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525213"></A>ARTICLE
		VI</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">THE TRUSTEE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Trustee hereby accepts the trust imposed
		upon it by this Indenture and covenants and agrees to perform the same, as
		herein expressed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525214"></A>Section 6.01
		</FONT><U><FONT STYLE="font-size:10pt">Duties of Trustee</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) If an Event of Default has occurred and
		is continuing, the Trustee shall exercise such of the rights and powers vested
		in it by this Indenture and use the same degree of care and skill in their
		exercise as a prudent person would exercise or use under the circumstances in
		the conduct of his own affairs.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) Except during the continuance of an
		Event of Default:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) The Trustee need perform only those
		duties as are specifically set forth in this Indenture and no others, and no
		covenants or obligations shall be implied in or read into this
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) In the absence of bad faith on its part,
		the Trustee may conclusively rely, as to the truth of the statements and the
		correctness of the opinions expressed therein, upon certificates or opinions
		furnished to the Trustee and conforming to the requirements of this Indenture.
		However, in the case of any such certificates or opinions which by any
		provision hereof are specifically required to be furnished to the Trustee, the
		Trustee shall be under a duty to examine the same to determine whether or not
		they substantially conform to the requirements of this Indenture (but need not
		confirm or investigate the accuracy of mathematical calculations or other facts
		stated therein).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(c) The Trustee may not be relieved from
		liability for its own grossly negligent action, its own grossly negligent
		failure to act, or its own willful misconduct, except that:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) This paragraph does not limit the effect
		of paragraph (b) of this Section 6.01.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) The Trustee shall not be liable for any
		error of judgment made in good faith by a Responsible Officer, unless it is
		proved that the Trustee was grossly negligent in ascertaining the pertinent
		facts.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) The Trustee shall not be liable with
		respect to any action it takes or omits to take in good faith in accordance
		with a direction received by it pursuant to Section 5.12.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">43</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(d) No provision of this Indenture shall
		require the Trustee to expend or risk its own funds or otherwise incur any
		financial liability in the performance of any of its duties hereunder or to
		take or omit to take any action under this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(e) Every provision of this Indenture that
		in any way relates to the Trustee is subject to paragraphs (a), (b), (c), (d)
		and (f) of this Section 6.01.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(f) The Trustee shall not be liable for
		interest on any assets received by it except as the Trustee may agree in
		writing with the Company or any Subsidiary Guarantor. Assets held in trust by
		the Trustee need not be segregated from other assets except to the extent
		required by law.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525215"></A>Section 6.02
		</FONT><U><FONT STYLE="font-size:10pt">Rights of Trustee</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to Section 6.01:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) The Trustee may rely conclusively on any
		document (whether in its original or facsimile form) believed by it to be
		genuine and to have been signed or presented by the proper person. The Trustee
		need not investigate any fact or matter stated in any document.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) Before the Trustee acts or refrains from
		acting, it may require an Officer&#146;s Certificate or an Opinion of Counsel.
		The Trustee shall not be liable for any action it takes or omits to take in
		good faith in reliance on such certificate or opinion.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(c) The Trustee may act through its
		attorneys and agents and shall not be responsible for the misconduct or
		negligence of any agent appointed with due care.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(d) The Trustee shall not be liable for any
		action it takes or omits to take in good faith which it believes to be
		authorized or within its rights or powers.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(e) The Trustee shall not be bound to make
		any investigation into the facts or matters stated in any resolution,
		certificate, statement, instrument, opinion, notice, request, direction,
		consent, order, bond, debenture, or other paper or document, but the Trustee,
		in its discretion, may make such further inquiry or investigation into such
		facts or matters as it may see fit and, if the Trustee shall determine to make
		such further inquiry or investigation, it shall be entitled to examine the
		books, records and premises of the Company or any Subsidiary Guarantor,
		personally or by agent or attorney at the sole cost of the Company and shall
		incur no liability or additional liability of any kind by reason of such
		investigation.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(f) The Trustee shall be under no obligation
		to exercise any of the rights or powers vested in it by this Indenture at the
		request, order or direction of any of the Holders, pursuant to the provisions
		of this Indenture, unless such Holders shall have offered to the Trustee
		reasonable security or indemnity satisfactory to it against the costs, expenses
		and liabilities which may be incurred therein or thereby.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(g) The Trustee may consult with counsel of
		its selection and the advice of such counsel or any Opinion of Counsel shall be
		full and complete authorization and protection </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">44</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">of any action taken, suffered or omitted by
		the Trustee hereunder in good faith and in reliance thereon.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(h) The Trustee shall not be deemed to have
		notice of any Event of Default unless a Responsible Officer of the Trustee has
		actual knowledge thereof or unless written notice of any event which is in fact
		such a default is received by the Trustee at the Corporate Trust Office of the
		Trustee, and such notice references the Securities and this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(i) The rights, privileges, protections,
		immunities and benefits given to the Trustee, including, without limitation,
		its right to be indemnified, are extended to, and shall be enforceable by, the
		Trustee in each of its capacities hereunder, and each agent, custodian and
		other Person employed to act hereunder.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525216"></A>Section 6.03
		</FONT><U><FONT STYLE="font-size:10pt">Individual Rights of
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. The Trustee in its individual
		or any other capacity may become the owner or pledgee of Securities and may
		otherwise deal with the Company or any Subsidiary Guarantor, or their
		respective Affiliates, with the same rights it would have if it were not
		Trustee. Any Paying Agent or Security Registrar may do the same with like
		rights.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525217"></A>Section 6.04
		</FONT><U><FONT STYLE="font-size:10pt">Trustee&#146;s
		Disclaimer</FONT></U><FONT STYLE="font-size:10pt">. The Trustee makes no
		representation as to the validity or adequacy of this Indenture or the
		Securities or any Subsidiary Guarantee and it shall not be accountable for the
		Company&#146;s or any Subsidiary Guarantor&#146;s use of the proceeds from the
		Securities, and it shall not be responsible for any statement in the Securities
		or any Subsidiary Guarantee, other than the Trustee&#146;s certificate of
		authentication, or the use or application of any funds received by a Paying
		Agent other than the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525218"></A>Section 6.05
		</FONT><U><FONT STYLE="font-size:10pt">Notice of Default</FONT></U><FONT
		STYLE="font-size:10pt">. If an Event of Default with respect to Securities of
		any series occurs and is continuing and if it is known to the Trustee, the
		Trustee shall deliver to each Holder of Securities of such series notice of the
		uncured Event of Default within 90 days after such Event of Default occurs.
		Except in the case of an Event of Default in payment of principal (or premium,
		if any) of, or interest on, any Security, the Trustee may withhold the notice
		if and so long as a Responsible Officer in good faith determines that
		withholding the notice is in the interest of the Holders of Securities of such
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525219"></A>Section 6.06
		</FONT><U><FONT STYLE="font-size:10pt">Reports by Trustee to
		Holders</FONT></U><FONT STYLE="font-size:10pt">. Within 60 days after each May
		15 beginning with the May 15 following the date of this Indenture, the Trustee
		shall mail to each Holder a brief report dated as of such date that complies
		with Trust Indenture Act Section 313(a) if such report is required by such
		Trust Indenture Act Section 313(a). The Trustee also shall comply with Trust
		Indenture Act Section 313(b)(2). The Trustee shall also transmit by mail all
		reports as required by Trust Indenture Act Sections 313(c) and 313(d).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company shall promptly notify the
		Trustee in writing if the Securities of any series become listed on any stock
		exchange or automatic quotation system.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A copy of each report at the time of its
		mailing to Holders shall be mailed to the Company and filed with the Commission
		and each stock exchange, if any, on which the Securities are listed.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525220"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">45</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 6.07 </FONT><U><FONT
		STYLE="font-size:10pt">Compensation and Indemnity</FONT></U><FONT
		STYLE="font-size:10pt">. The Company and the Subsidiary Guarantors shall pay to
		the Trustee from time to time such compensation for its services as the Company
		and the Trustee shall from time to time agree in writing. The Trustee&#146;s
		compensation shall not be limited by any law on compensation of a trustee of an
		express trust. The Company and the Subsidiary Guarantors shall reimburse the
		Trustee upon request for all reasonable disbursements, expenses and advances
		incurred or made by it. Such expenses shall include the reasonable
		compensation, disbursements and expenses of the Trustee&#146;s agents,
		accountants, experts and counsel.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company and the Subsidiary Guarantors,
		jointly and severally, shall indemnify each of the Trustee and Paying Agent and
		any predecessor Trustee and each of their respective officers, directors,
		attorneys-in-fact and agents for, and hold it harmless against, any claim,
		demand, expense (including but not limited to reasonable compensation,
		disbursements and expenses of the Trustee&#146;s agents and counsel), loss,
		charges (including taxes (other than taxes based upon the income of the
		Trustee)) or liability incurred by them without gross negligence or bad faith
		on its part, arising out of or in connection with the acceptance or
		administration of this trust and their rights or duties hereunder including the
		reasonable costs and expenses of defending themselves against any claim or
		liability in connection with the exercise or performance of any of its powers
		or duties hereunder. The Trustee shall notify the Company and the Subsidiary
		Guarantors promptly of any claim asserted against the Trustee for which it may
		seek indemnity. The Company shall defend the claim and the Trustee shall
		provide reasonable cooperation at the Company&#146;s expense in the defense.
		The Trustee may have separate counsel and the Company shall pay the reasonable
		fees and expenses of such counsel. The Company and the Subsidiary Guarantors
		need not pay for any settlement made without their written consent, which
		consent shall not be unreasonably withheld. The Company and the Subsidiary
		Guarantors need not reimburse any expense or indemnify against any loss or
		liability incurred by the Trustee to the extent determined by a court of
		competent jurisdiction to have been caused by its own gross negligence, bad
		faith or willful misconduct.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">To secure the Company&#146;s and the
		Subsidiary Guarantors&#146; payment obligations in this Section 6.07, the
		Trustee shall have a lien prior to the Securities on all assets held or
		collected by the Trustee, in its capacity as Trustee, except assets held in
		trust to pay principal and premium, if any, of or interest on any series of
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">When the Trustee incurs expenses or renders
		services after an Event of Default specified in Section 5.01(7) or (8) occurs,
		the expenses and the compensation for the services are intended to constitute
		expenses of administration under any Bankruptcy Law.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company&#146;s and the Subsidiary
		Guarantors&#146; obligations under this Section 6.07 and any lien arising
		hereunder shall survive the resignation or removal of the Trustee, the
		discharge of the Company&#146;s and the Subsidiary Guarantors&#146; obligations
		pursuant to Article IV or Article XIV of this Indenture and any rejection or
		termination of this Indenture under any Bankruptcy Law.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525221"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">46</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 6.08 </FONT><U><FONT
		STYLE="font-size:10pt">Replacement of Trustee</FONT></U><FONT
		STYLE="font-size:10pt">. The Trustee may resign at any time with respect to the
		Securities of one or more series by so notifying the Company and the Subsidiary
		Guarantors in writing. The Holder or Holders of a majority in principal amount
		of the outstanding Securities of a series may remove the Trustee with respect
		to Securities of such series by so notifying the Company and the Trustee in
		writing and may appoint a successor trustee with respect to Securities of such
		series with the Company&#146;s consent. The Company may remove the Trustee
		if:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Trustee fails to comply with Section
		6.10;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Trustee is adjudged bankrupt or
		insolvent;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) a receiver, custodian, or other public
		officer takes charge of the Trustee or its property; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the Trustee becomes incapable of
		acting.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If the Trustee resigns or is removed or if a
		vacancy exists in the office of Trustee, with respect to the Securities of one
		or more series, for any reason, the Company shall promptly appoint a successor
		Trustee, with respect to Securities of that or those series. Within one year
		after the successor Trustee with respect to a series of Securities takes
		office, the Holder or Holders of a majority in principal amount of the
		Securities of such series may appoint a successor Trustee with respect to such
		series to replace the successor Trustee appointed by the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A successor Trustee shall deliver a written
		acceptance of its appointment to the retiring Trustee and to the Company.
		Immediately after that and provided that all sums owing to the Trustee provided
		for in Section 6.07 have been paid, the retiring Trustee shall transfer all
		property held by it as Trustee with respect to such series of Securities to the
		successor Trustee, subject to the lien provided in Section 6.07, the
		resignation or removal of the retiring Trustee shall become effective, and the
		successor Trustee shall have all the rights, powers and duties of the Trustee
		under this Indenture. A successor Trustee with respect to one or more series of
		Securities shall mail notice of its succession to each Holder of Securities of
		that or those series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If a successor Trustee with respect to a
		series of Securities does not take office within 60 days after the retiring
		Trustee resigns or is removed, the retiring Trustee, the Company, the
		Subsidiary Guarantors or the Holder or Holders of at least 10% in principal
		amount of the outstanding Securities of that series may petition at the expense
		of the Company any court of competent jurisdiction for the appointment of a
		successor Trustee with respect to such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If the Trustee fails to comply with Section
		6.10, any Holder of Securities of a series may petition any court of competent
		jurisdiction for the removal of the Trustee with respect to such series and the
		appointment of a successor Trustee with respect to such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding replacement of the Trustee
		pursuant to this Section 6.08, the Company&#146;s obligations under Section
		6.07 shall continue for the benefit of the retiring Trustee.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525222"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">47</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 6.09 </FONT><U><FONT
		STYLE="font-size:10pt">Successor Trustee by Merger, Etc.</FONT></U><FONT
		STYLE="font-size:10pt"> If the Trustee consolidates with, merges or converts
		into, or transfers all or substantially all of its corporate trust business to,
		another corporation, the resulting, surviving or transferee corporation without
		any further act shall, if such resulting, surviving or transferee corporation
		is otherwise eligible hereunder, be the successor Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525223"></A>Section 6.10
		</FONT><U><FONT STYLE="font-size:10pt">Eligibility;
		Disqualification</FONT></U><FONT STYLE="font-size:10pt">. The Trustee shall at
		all times satisfy the requirements of Trust Indenture Act Section 310(a)(1) and
		Trust Indenture Act Section 310(a)(5). The Trustee shall have a combined
		capital and surplus of at least $50,000,000 as set forth in its most recent
		published annual report of condition. The Trustee shall comply with Trust
		Indenture Act Section 310(b).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525224"></A>Section 6.11
		</FONT><U><FONT STYLE="font-size:10pt">Preferential Collection of Claims
		against Company</FONT></U><FONT STYLE="font-size:10pt">. The Trustee shall
		comply with Trust Indenture Act Section 311(a), excluding any creditor
		relationship listed in Trust Indenture Act Section 311(b). A Trustee who has
		resigned or been removed shall be subject to Trust Indenture Act Section 311(a)
		to the extent indicated.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525225"></A>ARTICLE
		VII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">HOLDERS&#146; LISTS AND REPORTS BY
		TRUSTEE AND COMPANY</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525226"></A>Section 7.01
		Company to Furnish Trustee Names and Addresses of Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company will furnish or cause to be
		furnished to the Trustee:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) semi-annually, not more than 15 days
		after each Regular Record Date, a list for each series of Securities, in such
		form as the Trustee may reasonably require, of the names and addresses of the
		Holders of Securities of such series as of the Regular Record Date, as the case
		may be, and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) at such other times as the Trustee may
		request in writing, within 30 days after the receipt by the Company of any such
		request, a list of similar form and content as of a date not more than 15 days
		prior to the time such list is furnished;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<U><FONT STYLE="font-size:10pt">excluding</FONT></U><FONT
		STYLE="font-size:10pt"> from any such list names and addresses received by the
		Trustee in its capacity as Security Registrar.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525227"></A>Section 7.02
		</FONT><U><FONT STYLE="font-size:10pt">Preservation of Information;
		Communications to Holders</FONT></U><FONT STYLE="font-size:10pt">. The Trustee
		shall preserve, in as current a form as is reasonably practicable, the names
		and addresses of Holders contained in the most recent list furnished to the
		Trustee as provided in Section 7.01 and the names and addresses of Holders
		received by the Trustee in its capacity as Security Registrar. The Trustee may
		destroy any list furnished to it as provided in Section 7.01 upon receipt of a
		new list so furnished.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The rights of the Holders to communicate
		with other Holders with respect to their rights under this Indenture or under
		the Securities, and the corresponding rights and privileges of the Trustee,
		shall be as provided by the Trust Indenture Act.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">48</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every Holder of Securities, by receiving and
		holding the same, agrees with the Company, the Subsidiary Guarantors and the
		Trustee that neither the Company, the Subsidiary Guarantors nor the Trustee nor
		any agent of either of them shall be held accountable by reason of any
		disclosure of information as to names and addresses of Holders made pursuant to
		the Trust Indenture Act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525228"></A>Section 7.03
		</FONT><U><FONT
		STYLE="font-size:10pt">Reports by Trustee</FONT></U><FONT
		STYLE="font-size:10pt">. The Trustee shall transmit to Holders such reports
		concerning the Trustee and its actions under this Indenture as may be required
		pursuant to the Trust Indenture Act at the times and in the manner provided
		pursuant thereto.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A copy of each such report shall, at the
		time of such transmission to Holders, be filed by the Trustee with each stock
		exchange upon which any Securities are listed, with the Commission and with the
		Company. The Company will notify the Trustee, in writing, when any Securities
		are listed on any stock exchange or delisted therefrom.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525229"></A>Section 7.04
		</FONT><U><FONT
		STYLE="font-size:10pt">Reports by Company</FONT></U><FONT
		STYLE="font-size:10pt">. The Company and each of the Subsidiary Guarantors
		shall file with the Trustee and the Commission, and transmit to Holders, such
		information, documents and other reports, and such summaries thereof, as may be
		required pursuant to the Trust Indenture Act at the times and in the manner
		provided pursuant to the Trust Indenture Act; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		any such information, documents or reports required to be filed with the
		Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of
		1934 shall be filed with the Trustee within 15 days after the same is filed
		with the Commission. Delivery of such reports, information and documents to the
		Trustee is for informational purposes only and the Trustee&#146;s receipt of
		such shall not constitute constructive notice of any information contained
		therein or determinable from information contained therein, including the
		Company&#146;s compliance with any of its covenants hereunder (as to which the
		Trustee is entitled to rely exclusively on Officer&#146;s Certificates).</FONT>

	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525230"></A>ARTICLE
		VIII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">CONSOLIDATION, AMALGAMATION, CONVEYANCE,
		TRANSFER OR LEASE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525231"></A>Section 8.01
		</FONT><U><FONT STYLE="font-size:10pt">Company May Consolidate, Etc., Only on
		Certain Terms</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may not, in a single transaction
		or a series of related transactions:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) consolidate or amalgamate or merge with
		or into any other Person or permit any other Person to amalgamate, consolidate
		or merge with or into the Company, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) directly or indirectly transfer, sell,
		lease (other than a charter or lease of a vessel in the ordinary course of
		business) or otherwise dispose of all or substantially all of its assets,
		unless:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) in a transaction in which the Company
		does not survive or in which the Company sells, leases or otherwise disposes of
		all or substantially all of its assets, the successor entity to the Company (A)
		is organized under the laws of (i) the United States or any State thereof or
		the District of Columbia, (ii) the Republic of the Marshall Islands, (iii),
		(iv) a member state of the European Union or (v) any other country recognized
		by the United States </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">49</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">and (B) shall expressly assume, by a
		supplemental indenture executed and delivered to the Trustee in a form
		reasonably satisfactory to the Trustee, all of the Company&#146;s obligations
		under the Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) immediately before and after giving
		effect to such transaction, no Default or Event of Default shall have occurred
		and be continuing; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) the Company and the successor Person
		have delivered to the Trustee an Officer&#146;s Certificate and an Opinion of
		Counsel each stating that such consolidation, amalgamation, merger, conveyance,
		lease, sale, disposition or transfer and such supplemental indenture comply
		with this Article and that all conditions precedent herein provided for
		relating to such transaction have been complied with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525232"></A>Section 8.02
		</FONT><U><FONT STYLE="font-size:10pt">Amalgamations, Mergers, Consolidations
		and Certain Sales of Assets by Subsidiary Guarantors</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) Except with respect to the Securities of
		any series whose terms permit such transactions as an asset sale, no Subsidiary
		Guarantor shall, and the Company shall not permit any Subsidiary Guarantor to,
		(i) amalgamate, consolidate or merge with or into, or (ii) directly or
		indirectly, transfer, sell, lease or otherwise dispose of (other than pursuant
		to a charter or lease of a vessel in the ordinary course of business) its
		properties and assets substantially as an entirety to, any other Person (other
		than the Company or another Subsidiary Guarantor) unless, in any such
		transaction:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) in the case such Subsidiary Guarantor
		shall amalgamate, consolidate or merge with or into another Person or shall
		directly or indirectly convey, transfer or lease (other than a charter or lease
		of a vessel in the ordinary course of business) its properties and assets
		substantially as an entirety, the Person formed by such consolidation with or
		into which such Subsidiary Guarantor is amalgamated or merged, or the Person
		which acquires by conveyance, transfer or lease (other than a charter or lease
		of a vessel in the ordinary course of business) the properties and assets of
		such Subsidiary Guarantor substantially as an entirety (for purposes of this
		Article VIII, a &#147;Successor Subsidiary Guarantor&#148;), shall be organized
		under the laws of (i) the United States or any State thereof or the District of
		Columbia, (ii) the Republic of the Marshall Islands, (iii) a member state of
		the European Union or (iv) any other country recognized by the United
		States;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Successor Subsidiary Guarantor shall
		expressly assume by an indenture supplemental hereto executed and delivered to
		the Trustee, in form satisfactory to the Trustee, the due and punctual payment
		of all obligations of such Subsidiary Guarantor under its Subsidiary Guarantee
		and the Indenture and the performance of every covenant of this Indenture on
		the part of such Subsidiary Guarantor to be performed or observed;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) immediately before and after giving
		effect to such transaction, no Default or Event of Default shall have occurred
		and be continuing; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the Company has delivered to the Trustee
		an Officer&#146;s Certificate and an Opinion of Counsel, each stating that such
		consolidation, amalgamation, merger, conveyance, transfer or lease and, if a
		supplemental indenture is required in connection with such </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">50</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">transaction, such supplemental indenture,
		complies with this Article and that all conditions precedent herein provided
		for relating to such transaction have been complied with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The provisions of this Section 8.02 shall
		not be applicable to any series of Securities unless, and only to the extent
		that, the terms of a particular series of Securities so provide.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525233"></A>Section 8.03
		</FONT><U><FONT STYLE="font-size:10pt">Successor Corporation
		Substituted</FONT></U><FONT STYLE="font-size:10pt">. Upon any consolidation or
		merger or any transfer of assets in accordance with Section 8.01, the surviving
		Person formed by such consolidation or into which the Company is merged or to
		which such transfer is made shall succeed to, and be substituted for, and may
		exercise every right and power of, the Company under this Indenture with the
		same effect as if such surviving Person had been named as the Company herein.
		When a surviving Person duly assumes all of the obligations of the Company
		pursuant hereto and pursuant to the Securities, the predecessor shall be
		relieved of the performance and observance of all obligations and covenants of
		this Indenture and the Securities, including but not limited to the obligation
		to make payment of the principal of (and premium, if any) and interest on all
		the Securities then outstanding, and the Company may thereupon or any time
		thereafter be liquidated and dissolved.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Except with respect to the Securities of any
		series whose terms permit such transactions as an asset sale, upon any
		consolidation, amalgamation or merger of a Subsidiary Guarantor with or into,
		or any transfer, sale or lease (other than a charter or lease of a vessel in
		the ordinary course of business) of the properties and assets of such
		Subsidiary Guarantor substantially as an entirety in accordance with Section
		8.02 to, a Person other than the Company or another Subsidiary Guarantor, the
		Successor Subsidiary Guarantor shall succeed to, and be substituted for, and
		may exercise every right and power of, such Subsidiary Guarantor under this
		Indenture with the same effect as if such Successor Subsidiary Guarantor had
		been named as a Subsidiary Guarantor herein, and thereafter, except in the case
		of a lease, the predecessor Subsidiary Guarantor shall be relieved of all
		obligations and covenants under this Indenture and the Securities.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525234"></A>ARTICLE
		IX</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SUPPLEMENTAL INDENTURES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525235"></A>Section 9.01
		</FONT><U><FONT STYLE="font-size:10pt">Supplemental Indentures Without Consent
		of Holders</FONT></U><FONT STYLE="font-size:10pt">. Without the consent of any
		Holders, the Company, when authorized by a Board Resolution of the Company, the
		Subsidiary Guarantors, when authorized by respective Board Resolutions of the
		Subsidiary Guarantors, and the Trustee, at any time and from time to time, may
		enter into one or more indentures supplemental hereto, in form satisfactory to
		the Trustee, for any of the following purposes:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) to evidence the succession of another
		Person to the Company and the assumption by any such successor of the covenants
		of the Company herein and in the Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) to add to the covenants of the Company
		for the benefit of the Holders of all or any series of Securities (and if such
		covenants are to be for the benefit of less </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">51</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">than all series of Securities, stating that
		such covenants are expressly being included solely for the benefit of such
		series) or to surrender any right or power herein conferred upon the
		Company;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) to add any additional Events of
		Default;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) to add to or change any of the
		provisions of this Indenture to such extent as shall be necessary to permit or
		facilitate the issuance of Securities in bearer form, registrable or not
		registrable as to principal, and with or without interest coupons, or to permit
		or facilitate the issuance of Securities in uncertificated form;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) to add to, change or eliminate any of
		the provisions of this Indenture in respect of one or more series of
		Securities, </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that any such addition, change or elimination (A) shall
		neither (i) apply to any Security of any series created prior to the execution
		of such supplemental indenture and entitled to the benefit of such provision
		nor (ii) modify the rights of the Holder of any such Security with respect to
		such provision or (B) shall become effective only when there is no such
		Security Outstanding;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) to establish the form or terms of
		Securities of any series as permitted by Sections 2.01 and 3.01;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) to comply with Section 8.01 and
		8.02;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) to provide for uncertificated Securities
		in addition to or in place of certificated Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(9) to secure the Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(10) to evidence and provide for the
		acceptance of appointment hereunder by a successor Trustee with respect to the
		Securities of one or more series and to add to or change any of the provisions
		of this Indenture as shall be necessary to provide for or facilitate the
		administration of the trusts hereunder by more than one Trustee, pursuant to
		the requirements of Section 6.08;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(11) to make provisions with respect to the
		conversion rights of Holders pursuant to the requirements of Article XV;</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(12) to cure any ambiguity, to correct or
		supplement any provision herein which may be defective or inconsistent with any
		other provision herein, or to make any other provisions with respect to matters
		or questions arising under this Indenture, </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		such action pursuant to this clause (12) shall not adversely affect the
		interests of the Holders of Securities of any series in any material
		respect;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(13) to add new Subsidiary Guarantors
		pursuant to Section 13.05; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(14) to conform any provision of this
		Indenture to the &#147;Description of Debt Securities&#148; contained in the
		Prospectus or any similar provision contained in any supplement to the
		Prospectus relating to an offering of debt securities under this
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525236"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">52</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 9.02 </FONT><U><FONT
		STYLE="font-size:10pt">Supplemental Indentures with Consent of
		Holders</FONT></U><FONT STYLE="font-size:10pt">. With the consent of the
		Holders of not less than a majority in principal amount of the Outstanding
		Securities of each series affected by such supplemental indenture, by Act of
		said Holders delivered to the Company, the Subsidiary Guarantors and the
		Trustee, the Company, when authorized by a Board Resolution of the Company, the
		Subsidiary Guarantors, when authorized by respective Board Resolutions of the
		Subsidiary Guarantors, and the Trustee may enter into an indenture or
		indentures supplemental hereto for the purpose of adding any provisions to or
		changing in any manner or eliminating any of the provisions of this Indenture
		or of modifying in any manner the rights of the Holders of Securities of such
		series under this Indenture; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that no such supplemental indenture shall, without the
		consent of the Holder of each Outstanding Security,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) change the Stated Maturity of the
		principal of, or any installment of principal of or interest on, any Security,
		or reduce the principal amount thereof or the rate of interest or the time of
		payment of interest thereon or any premium payable upon the redemption thereof,
		or reduce the amount of the principal of an Original Issue Discount Security
		that would be due and payable upon a declaration of acceleration of the
		Maturity thereof pursuant to Section 5.02, or change any Place of Payment
		where, or the coin or currency in which, any Security or any premium or
		interest thereon is payable or the right of selection thereof, or impair the
		right to institute suit for the enforcement of any such payment on or after the
		Stated Maturity thereof (or, in the case of redemption, on or after the
		Redemption Date), or adversely affect the right to convert any Security as
		provided in Article XV, or modify the provisions of this Indenture with respect
		to the ranking of the Securities in a manner adverse to the Holders;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) reduce the percentage in principal
		amount of the Outstanding Securities of any series, the consent of whose
		Holders is required for any such supplemental indenture, or the consent of
		whose Holders is required for any waiver (of compliance with certain provisions
		of this Indenture or certain defaults hereunder and their consequences)
		provided for in this Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) modify any of the provisions of this
		Section or Section 5.13, except to increase any such percentage or to provide
		that certain other provisions of this Indenture cannot be modified or waived
		without the consent of the Holder of each Outstanding Security affected
		thereby, </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		this clause shall not be deemed to require the consent of any Holder with
		respect to changes in the references to &#147;the Trustee&#148; and concomitant
		changes in this Section, or the deletion of this proviso, in accordance with
		the requirements of Sections 6.08 and 9.01(10);</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) modify or waive the provisions of
		Article XI;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) change any obligation of ours to pay
		additional amounts;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) adversely affect the right of repayment
		or repurchase at the option of the Holder; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) reduce or postpone any sinking fund or
		similar provision.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">53</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">A supplemental indenture which changes or
		eliminates any covenant or other provision of this Indenture which has
		expressly been included solely for the benefit of one or more particular series
		of Securities, or which modifies the rights of the Holders of Securities of
		such series with respect to such covenant or other provision, shall be deemed
		not to affect the rights under this Indenture of the Holders of Securities of
		any other series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">It shall not be necessary for any Act of
		Holders under this Section to approve the particular form of any proposed
		supplemental indenture, but it shall be sufficient if such Act shall approve
		the substance thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525237"></A>Section 9.03
		</FONT><U><FONT STYLE="font-size:10pt">Execution of Supplemental
		Indentures</FONT></U><FONT STYLE="font-size:10pt">. In executing, or accepting
		the additional trusts created by, any supplemental indenture permitted by this
		Article or the modifications thereby of the trusts created by this Indenture,
		the Trustee shall be entitled to receive, and (subject to Section 6.01) shall
		be fully protected in relying upon, an Opinion of Counsel stating that the
		execution of such supplemental indenture is authorized or permitted by this
		Indenture. The Trustee may, but shall not be obligated to, enter into any such
		supplemental indenture which affects the Trustee&#146;s own rights, duties or
		immunities under this Indenture or otherwise.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525238"></A>Section 9.04
		</FONT><U><FONT STYLE="font-size:10pt">Effect of Supplemental
		Indentures</FONT></U><FONT STYLE="font-size:10pt">. Upon the execution of any
		supplemental indenture under this Article, this Indenture shall be modified in
		accordance therewith, and such supplemental indenture shall form a part of this
		Indenture for all purposes; and every Holder of Securities theretofore or
		thereafter authenticated and delivered hereunder shall be bound thereby.</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525239"></A>Section 9.05
		</FONT><U><FONT STYLE="font-size:10pt">Section 9.05 Conformity with Trust
		Indenture Act</FONT></U><FONT STYLE="font-size:10pt">. Every supplemental
		indenture executed pursuant to this Article shall conform to the requirements
		of the Trust Indenture Act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525240"></A>Section 9.06
		</FONT><U><FONT STYLE="font-size:10pt">Reference in Securities to Supplemental
		Indentures</FONT></U><FONT STYLE="font-size:10pt">. Securities of any series
		authenticated and delivered after the execution of any supplemental indenture
		pursuant to this Article may, and shall if required by the Trustee, bear a
		notation in form approved by the Trustee as to any matter provided for in such
		supplemental indenture. If the Company and the Subsidiary Guarantors shall so
		determine, new Securities of any series so modified as to conform, in the
		opinion of the Trustee, the Company and the Subsidiary Guarantors, to any such
		supplemental indenture may be prepared and executed by the Company, and the
		Subsidiary Guarantees endorsed thereon may be executed by the Subsidiary
		Guarantors, and such new Securities may be authenticated and delivered by the
		Trustee in exchange for Outstanding Securities of such series.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525241"></A>ARTICLE
		X</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">COVENANTS</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525242"></A>Section 10.01
		</FONT><U><FONT STYLE="font-size:10pt">Payment of Securities</FONT></U><FONT
		STYLE="font-size:10pt">. The Company covenants and agrees for the benefit of
		each series of Securities that it will pay the principal of and interest on the
		Securities of that series on the dates and in the manner provided in the
		Securities of that series and this Indenture. </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">54</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">An installment of principal, premium, if
		any, or interest on the Securities shall be considered paid on the date it is
		due if the Trustee or Paying Agent (other than the Company or an Affiliate of
		the Company) holds for the benefit of the Holders, on that date, immediately
		available funds deposited and designated for and sufficient to pay the
		installment.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company shall pay interest on overdue
		principal and on overdue installments of interest at the rate specified in the
		Securities compounded semi-annually, to the extent lawful.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525243"></A>Section 10.02
		</FONT><U><FONT STYLE="font-size:10pt">Maintenance of Office or
		Agency</FONT></U><FONT STYLE="font-size:10pt">. The Company shall maintain in
		the Place of Payment for any series of Securities an office or agency where
		Securities of that series may be presented or surrendered for payment, where
		Securities of that series may be surrendered for registration of transfer or
		exchange, where Securities of any series that is convertible may be surrendered
		for conversion, and where notices and demands to or upon the Company or any
		Subsidiary Guarantor in respect of the Securities of that series, any
		Subsidiary Guarantees endorsed thereon and this Indenture may be served. The
		Company and the Subsidiary Guarantors will give prompt written notice to the
		Trustee of the location, and any change in the location, of such office or
		agency. If at any time the Company or any Subsidiary Guarantor shall fail to
		maintain any such required office or agency or shall fail to furnish the
		Trustee with the address thereof, such presentations, surrenders, notices and
		demands may be made or served at the Corporate Trust Office of the Trustee, and
		each of the Company and each Subsidiary Guarantor hereby appoints the Trustee
		as its agent to receive all such presentations, surrenders, notices and
		demands.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may also from time to time
		designate one or more other offices or agencies where the Securities of one or
		more series may be presented or surrendered for any or all such purposes and
		may from time to time rescind such designations; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that no such designation or rescission shall in any
		manner relieve the Company of its obligation to maintain an office or agency in
		each Place of Payment for Securities of any series for such purposes. The
		Company shall give prompt written notice to the Trustee of any such designation
		or rescission and of any change in the location of any such other office or
		agency. The Company hereby initially designates the principal corporate trust
		office of the Trustee as such office of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525244"></A>Section 10.03
		</FONT><U><FONT STYLE="font-size:10pt">Money for Securities Payments to Be Held
		in Trust</FONT></U><FONT STYLE="font-size:10pt">. If the Company shall at any
		time act as its own Paying Agent with respect to any series of Securities, it
		will, on or before each due date of the principal of or any premium or interest
		on any of the Securities of that series, segregate and hold in trust for the
		benefit of the Persons entitled thereto a sum sufficient to pay the principal
		and any premium and interest so becoming due until such sums shall be paid to
		such Persons or otherwise disposed of as herein provided and will promptly
		notify the Trustee of its action or failure so to act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Whenever the Company shall have one or more
		Paying Agents for any series of Securities, it will, on or prior to each due
		date of the principal of or any premium or interest on any Securities of that
		series, deposit with a Paying Agent a sum sufficient to pay such amount, such
		sum to be held as provided by the Trust Indenture Act, and (unless such Paying
		Agent is the Trustee) the Company will promptly notify the Trustee of its
		action or failure so to act.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">55</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company will cause each Paying Agent for
		any series of Securities other than the Trustee to execute and deliver to the
		Trustee an instrument in which such Paying Agent shall agree with the Trustee,
		subject to the provisions of this Section, that such Paying Agent will (1)
		comply with the provisions of the Trust Indenture Act applicable to it as a
		Paying Agent and (2) during the continuance of any default by the Company (or
		any other obligor upon the Securities of that series) in the making of any
		payment in respect of the Securities of that series, upon the written request
		of the Trustee, forthwith pay to the Trustee all sums held in trust by such
		Paying Agent for payment in respect of the Securities of that series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may at any time, for the purpose
		of obtaining the satisfaction and discharge of this Indenture or for any other
		purpose, pay, or by Company Order direct any Paying Agent to pay, to the
		Trustee all sums held in trust by the Company or such Paying Agent, such sums
		to be held by the Trustee upon the same trusts as those upon which such sums
		were held by the Company or such Paying Agent; and, upon such payment by any
		Paying Agent to the Trustee, such Paying Agent shall be released from all
		further liability with respect to such money.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any money deposited with the Trustee or any
		Paying Agent, or then held by the Company, in trust for the payment of the
		principal of or any premium or interest on any Security of any series and
		remaining unclaimed for two years after such principal, premium or interest has
		become due and payable shall be paid to the Company on Company Request, or (if
		then held by the Company) shall be discharged from such trust; and the Holder
		of such Security shall thereafter, as an unsecured general creditor, look only
		to the Company for payment thereof, and all liability of the Trustee or such
		Paying Agent with respect to such trust money, and all liability of the Company
		as trustee thereof, shall thereupon cease; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"></FONT><I><FONT STYLE="font-size:10pt">,</FONT></I><FONT
		STYLE="font-size:10pt"> </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		the Trustee or such Paying Agent, before being required to make any such
		repayment, may at the expense of the Company cause to be published once, in a
		newspaper published in the English language, customarily published on each
		Business Day and of general circulation in New York City, notice that such
		money remains unclaimed and that, after a date specified therein, which shall
		not be less than 30 days from the date of such publication, any unclaimed
		balance of such money then remaining will be repaid to the Company. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525245"></A>Section 10.04
		</FONT><U><FONT STYLE="font-size:10pt">Corporate Existence</FONT></U><FONT
		STYLE="font-size:10pt">. Subject to Article VIII, the Company shall do or cause
		to be done all things necessary to preserve and keep in full force and effect
		its corporate existence in accordance with the respective organizational
		documents of each of them and the rights (charter and statutory) and corporate
		franchises of the Company and each of its Subsidiaries; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that the Company shall not be required to preserve,
		with respect to itself, any right or franchise, and with respect to any of its
		Subsidiaries, any such existence, right or franchise, if (a) the Board of
		Directors of the Company shall determine that the preservation thereof is no
		longer desirable in the conduct of the business of the Company and (b) the loss
		thereof is not disadvantageous in any material respect to the Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525246"></A>Section 10.05
		</FONT><U><FONT STYLE="font-size:10pt">Compliance Certificate; Notice of
		Default</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) The Company shall deliver to the Trustee
		annually an Officer&#146;s Certificate complying with Section 314(a)(4) of the
		Trust Indenture Act and stating that a review of its activities and the
		activities of its Subsidiaries during the preceding fiscal year has been made
		</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">56</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">under the supervision of the signing
		officers with a view to determining whether the Company has kept, observed,
		performed and fulfilled its obligations under this Indenture (all without
		regard to periods of grace, which shall be deemed fulfilled unless and until
		the expiration of such periods, or notice requirements) and further stating, as
		to each such officer signing such certificate, whether or not the signer knows
		of any failure by the Company or any Subsidiary of the Company to comply with
		any conditions or covenants in this Indenture and, if such signer does know of
		such a failure to comply, the certificate shall describe such failure with
		particularity. The Officer&#146;s Certificate shall also notify the Trustee
		should the relevant fiscal year end on any date other than the current fiscal
		year end date.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) The Company shall, so long as any of the
		Securities of any series are outstanding, deliver to the Trustee, within 30
		days after becoming aware of any Event of Default with respect to such series
		under this Indenture, an Officer&#146;s Certificate specifying such Event of
		Default and what action the Company or the Subsidiary Guarantors are taking or
		propose to take with respect thereto. The Trustee shall not be deemed to have
		knowledge of an Event of Default unless one of its Responsible Officers
		receives notice of the Event of Default from the Company or any of the
		Holders.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525247"></A>ARTICLE
		XI</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">REDEMPTION OF SECURITIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525248"></A>Section 11.01
		</FONT><U><FONT STYLE="font-size:10pt">Applicability of Article</FONT></U><FONT
		STYLE="font-size:10pt">. Securities of any series which are redeemable before
		their Stated Maturity shall be redeemable in accordance with their terms and
		(except as otherwise specified as contemplated by Section 3.01 for Securities
		of any series) in accordance with this Article.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525249"></A>Section 11.02
		</FONT><U><FONT STYLE="font-size:10pt">Election to Redeem; Notice to
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. The election of the Company to
		redeem any Securities shall be evidenced by a Board Resolution. In case of any
		redemption at the election of the Company of less than all the Securities of
		any series, the Company shall, at least 60 days prior to the Redemption Date
		fixed by the Company (unless a shorter notice shall be satisfactory to the
		Trustee), notify the Trustee of such Redemption Date, of the principal amount
		of Securities of such series to be redeemed and, if applicable, of the tenor of
		the Securities to be redeemed. In the case of any redemption of Securities
		prior to the expiration of any restriction on such redemption provided in the
		terms of such Securities or elsewhere in this Indenture, the Company shall
		furnish the Trustee with an Officer&#146;s Certificate evidencing compliance
		with such restriction.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525250"></A>Section 11.03
		</FONT><U><FONT STYLE="font-size:10pt">Selection by Trustee of Securities to Be
		Redeemed</FONT></U><FONT STYLE="font-size:10pt">. If less than all the
		Securities of any series are to be redeemed (unless all of the Securities of
		such series and of a specified tenor are to be redeemed), the particular
		Securities to be redeemed shall be selected not more than 60 days prior to the
		Redemption Date by the Trustee from the Outstanding Securities of such series
		not previously called for redemption, by such method as the Trustee shall deem
		fair and appropriate and which may provide for the selection for redemption of
		portions (equal to the minimum authorized denomination for Securities of that
		series or any integral multiple thereof) of the principal amount of Securities
		of such series of a denomination larger than the minimum authorized
		denomination for Securities of that series. If less than all of the Securities
		</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">57</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">of such series and of a specified tenor are
		to be redeemed, the particular Securities to be redeemed shall be selected not
		more than 60 days prior to the Redemption Date by the Trustee from the
		Outstanding Securities of such series and specified tenor not previously called
		for redemption in accordance with the preceding sentence.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any Security selected for partial
		redemption is converted in part before termination of the conversion right with
		respect to the portion of the Security so selected, the converted portion of
		such Security shall be deemed (so far as may be) to be the portion selected for
		redemption. Securities which have been converted during a selection of
		Securities to be redeemed shall be treated by the Trustee as Outstanding for
		the purpose of such selection.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Trustee shall promptly notify the
		Company in writing of the Securities selected for redemption and, in the case
		of any Securities selected for partial redemption, the principal amount thereof
		to be redeemed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For all purposes of this Indenture, unless
		the context otherwise requires, all provisions relating to the redemption of
		Securities shall relate, in the case of any Securities redeemed or to be
		redeemed only in part, to the portion of the principal amount of such
		Securities which has been or is to be redeemed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525251"></A>Section 11.04
		</FONT><U><FONT STYLE="font-size:10pt">Notice of Redemption</FONT></U><FONT
		STYLE="font-size:10pt">. Notice of redemption shall be delivered electronically
		or by first-class mail, postage prepaid, mailed not less than 30 nor more than
		60 days prior to the Redemption Date, to each Holder of Securities to be
		redeemed, at his address appearing in the Security Register.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All notices of redemption shall
		state:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Redemption Date,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Redemption Price,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) if less than all the Outstanding
		Securities of any series are to be redeemed, the identification (and, in the
		case of partial redemption of any Securities, the principal amounts) of the
		particular Securities to be redeemed,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) that on the Redemption Date the
		Redemption Price will become due and payable upon each such Security to be
		redeemed and, if applicable, that interest thereon will cease to accrue on and
		after said date,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) in the case of any Securities that are
		convertible pursuant to Article XV, the conversion price or rate, the date on
		which the right to convert the principal of the Securities to be redeemed will
		terminate and the place or places where such Securities may be surrendered for
		conversion,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) the place or places where such
		Securities are to be surrendered for payment of the Redemption Price,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) that the redemption is for a sinking
		fund, if such is the case, and</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">58</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) applicable CUSIP Numbers.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notice of redemption of Securities to be
		redeemed at the election of the Company shall be given by the Company or, at
		the Company&#146;s request, by the Trustee in the name and at the expense of
		the Company and shall be irrevocable.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525252"></A>Section 11.05
		</FONT><U><FONT STYLE="font-size:10pt">Deposit of Redemption
		Price</FONT></U><FONT STYLE="font-size:10pt">. Prior to any Redemption Date,
		the Company shall deposit with the Trustee or with a Paying Agent an amount of
		money sufficient to pay the Redemption Price of, and (except if the Redemption
		Date shall be an Interest Payment Date) accrued interest on, all the Securities
		which are to be redeemed on that date other than any Securities called for
		redemption on that date which have been converted prior to the date of such
		deposit.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any Security called for redemption is
		converted, any money deposited with the Trustee or with any Paying Agent or so
		segregated and held in trust for the redemption of such Security shall (subject
		to any right of the Holder of such Security or any Predecessor Security to
		receive interest as provided in the last paragraph of Section 3.07) be paid to
		the Company upon Company Request or, if then held by the Company, shall be
		discharged from such trust.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525253"></A>Section 11.06
		</FONT><U><FONT STYLE="font-size:10pt">Securities Payable on Redemption
		Date</FONT></U><FONT STYLE="font-size:10pt">. Notice of redemption having been
		given as aforesaid, the Securities so to be redeemed shall, on the Redemption
		Date, become due and payable at the Redemption Price therein specified, and
		from and after such date (unless the Company shall default in the payment of
		the Redemption Price and accrued interest) such Securities shall cease to bear
		interest. Upon surrender of any such Security for redemption in accordance with
		said notice, such Security shall be paid by the Company at the Redemption
		Price, together with accrued interest to the Redemption Date; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that, unless otherwis e specified as contemplated by
		Section 3.01, installments of interest whose Stated Maturity is on or prior to
		the Redemption Date shall be payable to the Holders of such Securities, or one
		or more Predecessor Securities, registered as such at the close of business on
		the relevant Record Dates according to their terms and the provisions of
		Section 3.07.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any Security called for redemption shall
		not be so paid upon surrender thereof for redemption, the principal and any
		premium shall, until paid, bear interest from the Redemption Date at the rate
		prescribed therefor in the Security.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525254"></A>ARTICLE
		XII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SINKING FUNDS</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525255"></A>Section 12.01
		</FONT><U><FONT STYLE="font-size:10pt">Applicability of Article</FONT></U><FONT
		STYLE="font-size:10pt">. The provisions of this Article shall be applicable to
		any sinking fund for the retirement of Securities of a series except as
		otherwise specified as contemplated by Section 3.01 for Securities of such
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The minimum amount of any sinking fund
		payment provided for by the terms of Securities of any series is herein
		referred to as a &#147;mandatory sinking fund payment&#148;, and any payment in
		excess of such minimum amount provided for by the terms of Securities of any
		series is herein referred to as an &#147;optional sinking fund payment&#148;.
		If provided for by the terms of Securities of any series, the cash amount of
		any sinking fund payment may be subject to </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">59</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">reduction as provided in Section 12.02. Each
		sinking fund payment shall be applied to the redemption of Securities of any
		series as provided for by the terms of Securities of such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525256"></A>Section 12.02
		</FONT><U><FONT STYLE="font-size:10pt">Satisfaction of Sinking Fund Payments
		with Securities</FONT></U><FONT STYLE="font-size:10pt">. The Company (1) may
		deliver Outstanding Securities of a series (other than any Securities
		previously called for redemption) and (2) may apply as a credit Securities of a
		series which have been converted pursuant to Article XV or which have been
		redeemed either at the election of the Company pursuant to the terms of such
		Securities or through the application of permitted optional sinking fund
		payments pursuant to the terms of such Securities, in each case in satisfaction
		of all or any part of any sinking fund payment with respect to the Securities
		of such series required to be made pursuant to the terms of such Securities as
		provided for by the terms of such series; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		such Securities have not been previously so credited. Such Securities shall be
		received and credited for such purpose by the Trustee at the Redemption Price
		specified in such Securities for redemption through operation of the sinking
		fund and the amount of such sinking fund payment shall be reduced
		accordingly.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525257"></A>Section 12.03
		</FONT><U><FONT STYLE="font-size:10pt">Redemption of Securities for Sinking
		Fund</FONT></U><FONT STYLE="font-size:10pt">. Not less than 60 days prior to
		each sinking fund payment date for any series of Securities, the Company will
		deliver to the Trustee an Officer&#146;s Certificate specifying the amount of
		the next ensuing sinking fund payment for that series pursuant to the terms of
		that series, the portion thereof, if any, which is to be satisfied by payment
		of cash and the portion thereof, if any, which is to be satisfied by delivering
		and crediting Securities of that series pursuant to Section 12.02, and will
		also deliver to the Trustee any Securities to be so delivered. Not less than 30
		days before each such sinking fund payment date the Trustee shall select the
		Securities to be redeemed upon such sinking fund payment date in the manner
		specified in Section 11.03 and cause notice of the redemption thereof to be
		given in the name of and at the expense of the Company in the manner provided
		in Section 11.04. Such notice having been duly given, the redemption of such
		Securities shall be made upon the terms and in the manner stated in Section
		11.06.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525258"></A>ARTICLE
		XIII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SUBSIDIARY GUARANTEE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525259"></A>Section 13.01
		</FONT><U><FONT STYLE="font-size:10pt">Subsidiary Guarantee</FONT></U><FONT
		STYLE="font-size:10pt">. Each of the Subsidiary Guarantors hereby jointly and
		severally unconditionally Guarantees to each Holder of a Security of a series
		as to which it is a Subsidiary Guarantor authenticated and delivered by the
		Trustee, and to the Trustee on behalf of such Holder, the due and punctual
		payment of the principal of (and premium, if any) and interest on such Security
		when and as the same shall become due and payable, whether at the Stated
		Maturity, by acceleration, call for redemption, purchase or otherwise, in
		accordance with the terms of such Security and of this Indenture. In case of
		the failure of the Company punctually to make any such payment, each of the
		Subsidiary Guarantors hereby jointly and severally agrees to cause such payment
		to be made punctually when and as the same shall become due and payable,
		whether at the Stated Maturity or by acceleration, call for redemption,
		purchase or otherwise, and as if such payment were made by the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each of the Subsidiary Guarantors hereby
		jointly and severally agrees that its obligations hereunder shall be
		unconditional, irrespective of the validity, regularity or enforceability of
		such </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">60</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Security or this Indenture, the absence of
		any action to enforce the same, any exchange, release or non-perfection of any
		Lien on any collateral for, or any release or amendment or waiver of any term
		of any other Guarantee of, or any consent to departure from any requirement of
		any other Guarantee of all or any of the Securities, the election by the
		Trustee or any of the Holders in any proceeding under Chapter 11 of Title 11 of
		the United States Code (the &#147;Bankruptcy Code&#148;) of the application of
		Section 1111(b)(2) of the Bankruptcy Code, any borrowing or grant of a security
		interest by the Company, as debtor-in-possession, under Section 364 of the
		Bankruptcy Code, the disallowance, under Section 502 of the Bankruptcy Code, of
		all or any portion of the claims of the Trustee or any of the Holders for
		payment of any of the Securities, any waiver or consent by the Holder of such
		Security or by the Trustee with respect to any provisions thereof or of this
		Indenture, the obtaining of any judgment against the Company or any action to
		enforce the same or any other circumstances which might otherwise constitute a
		legal or equitable discharge or defense of a guarantor. Each of the Subsidiary
		Guarantors hereby waives the benefits of diligence, presentment, demand for
		payment, any requirement that the Trustee or any of the Holders protect,
		secure, perfect or insure any security interest in or other Lien on any
		property subject thereto or exhaust any right or take any action against the
		Company or any other Person or any collateral, filing of claims with a court in
		the event of insolvency or bankruptcy of the Company, any right to require a
		proceeding first against the Company, protest or notice with respect to such
		Security or the Indebtedness evidenced thereby and all demands whatsoever, and
		covenants that this Subsidiary Guarantee will not be discharged in respect of
		such Security except by complete performance of the obligations contained in
		such Security and in this Subsidiary Guarantee. Each of the Subsidiary
		Guarantors hereby agrees that, in the event of a default in payment of
		principal (or premium, if any) or interest on such Security, whether at their
		Stated Maturity, by acceleration, call for redemption, purchase or otherwise,
		legal proceedings may be instituted by the Trustee on behalf of, or by, the
		Holder of such Security, subject to the terms and conditions set forth in this
		Indenture, directly against each of the Subsidiary Guarantors to enforce this
		Subsidiary Guarantee without first proceeding against the Company. Each
		Subsidiary Guarantor agrees that if, after the occurrence and during the
		continuance of an Event of Default with respect to the Securities of the series
		as to which it is a Subsidiary Guarantor, the Trustee or any of the Holders are
		prevented by applicable law from exercising their respective rights to
		accelerate the maturity of the Securities of such series, to collect interest
		on the Securities of such series, or to enforce or exercise any other right or
		remedy with respect to the Securities of such series, or the Trustee or the
		Holders are prevented from taking any action to realize on any collateral, such
		Subsidiary Guarantor agrees to pay to the Trustee for the account of the
		Holders, upon demand therefor, the amount that would otherwise have been due
		and payable had such rights and remedies been permitted to be exercised by the
		Trustee or any of the Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Subsidiary Guarantor shall be
		subrogated to all rights of the Holders of the Securities upon which its
		Subsidiary Guarantee is endorsed against the Company in respect of any amounts
		paid by such Subsidiary Guarantor on account of such Security pursuant to the
		provisions of its Subsidiary Guarantee or this Indenture; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that no
		Subsidiary Guarantor shall be entitled to enforce or to receive any payments
		arising out of, or based upon, such right of subrogation until the principal of
		(and premium, if any) and interest on all Securities issued hereunder as to
		which such Subsidiary Guarantor is a Subsidiary Guarantor shall have been paid
		in full.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">61</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Subsidiary Guarantee shall remain in
		full force and effect and continue to be effective should any petition be filed
		by or against the Company for liquidation or reorganization, should the Company
		become insolvent or make an assignment for the benefit of creditors or should a
		receiver or trustee be appointed for all or any significant part of the
		Company&#146;s assets, and shall, to the fullest extent permitted by law,
		continue to be effective or be reinstated, as the case may be, if at any time
		payment and performance of the Securities is, pursuant to applicable law,
		rescinded or reduced in amount, or must otherwise be restored or returned by
		any obligee on the Securities, whether as a &#147;voidable preference,&#148;
		&#147;fraudulent transfer,&#148; or otherwise, all as though such payment or
		performance had not been made. In the event that any payment, or any part
		thereof, is rescinded, reduced, restored or returned, the Securities shall, to
		the fullest extent permitted by law, be reinstated and deemed reduced only by
		such amount paid and not so rescinded, reduced, restored or returned.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantors shall have the
		right to seek contribution from any non-paying Subsidiary Guarantor so long as
		the exercise of such right does not impair the rights of the Holders under this
		Subsidiary Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525260"></A>Section 13.02
		</FONT><U><FONT STYLE="font-size:10pt">Execution and Delivery of Subsidiary
		Guarantees</FONT></U><FONT STYLE="font-size:10pt">. The Subsidiary Guarantees
		to be endorsed on the Securities of any series shall include the terms of the
		Subsidiary Guarantee set forth in Section 13.01 and any other terms that may be
		set forth in the form established pursuant to Section 2.06. Each of the
		Subsidiary Guarantors hereby agrees to execute its Subsidiary Guarantee, in a
		form established pursuant to Section 2.06, to be endorsed on each Security as
		to which it is a Subsidiary Guarantor authenticated and delivered by the
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantee shall be executed
		on behalf of each respective Subsidiary Guarantor by any one of such Subsidiary
		Guarantor&#146;s Chairman of the Board, Vice Chairman of the Board, President,
		Vice President or other person duly authorized by the Board of Directors of
		such Subsidiary Guarantor, attested by its Secretary or Assistant Secretary.
		The signature of any or all of these persons on the Subsidiary Guarantee may be
		manual or facsimile.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A Subsidiary Guarantee bearing the manual or
		facsimile signature of individuals who were at any time the proper officers of
		a Subsidiary Guarantor shall bind such Subsidiary Guarantor, notwithstanding
		that such individuals or any of them have ceased to hold such offices prior to
		the authentication and delivery of the Security on which such Subsidiary
		Guarantee is endorsed or did not hold such offices at the date of such
		Subsidiary Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The delivery of any Security by the Trustee,
		after the authentication thereof hereunder, shall constitute due delivery of
		the Subsidiary Guarantee endorsed thereon on behalf of the Subsidiary
		Guarantors. Each of the Subsidiary Guarantors hereby jointly and severally
		agrees that its Subsidiary Guarantee set forth in Section 13.01 shall remain in
		full force and effect notwithstanding any failure to endorse a Subsidiary
		Guarantee on any Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525261"></A>Section 13.03
		</FONT><U><FONT STYLE="font-size:10pt">Subsidiary Guarantors May Consolidate,
		Etc., on Certain Terms</FONT></U><FONT STYLE="font-size:10pt">. Except as set
		forth in Section 13.04 and in Article VIII and the terms of the Securities,
		nothing contained in this Indenture or in any of the Securities shall prevent
		any consolidation, amalgamation or merger of a Subsidiary Guarantor with or
		into the Company or another Subsidiary Guarantor or </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">62</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">shall prevent any conveyance, transfer or
		lease of the property and assets of a Subsidiary Guarantor substantially as an
		entirety to the Company or another Subsidiary Guarantor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525262"></A>Section 13.04
		</FONT><U><FONT STYLE="font-size:10pt">Release of Subsidiary
		Guarantors</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) Concurrently with any consolidation,
		amalgamation or merger of a Subsidiary Guarantor or any conveyance, transfer or
		lease of the property of a Subsidiary Guarantor as an entirety or substantially
		as an entirety, in each case as permitted by Section 13.03 hereof, and upon
		delivery by the Company to the Trustee of an Officer&#146;s Certificate and an
		Opinion of Counsel to the effect that such consolidation, amalgamation, merger,
		conveyance, transfer or lease was made in accordance with Section 13.03 hereof,
		the Trustee shall execute any documents reasonably required in order to
		acknowledge the release of such Subsidiary Guarantor from its obligations under
		its Subsidiary Guarantee endorsed on the Securities and under this Article
		XIII. Any Subsidiary Guarantor not released from its obligations under its
		Subsidiary</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Guarantee endorsed on the Securities and
		under this Article XIII shall remain liable for the full amount of principal of
		(and premium, if any) and interest on the Securities of a series as to which it
		is a Subsidiary Guarantor and for the other obligations of a Subsidiary
		Guarantor under its Subsidiary Guarantee endorsed on such Securities and under
		this Article XIII.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) Concurrently with the defeasance of the
		Securities under Section 14.02 hereof, the Subsidiary Guarantors shall be
		released from all of their obligations under their Subsidiary Guarantees
		endorsed on the Securities and under this Article XIII, without any action on
		the part of the Trustee or any Holder of Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(c) Upon the sale or disposition (by merger
		or otherwise) of any Subsidiary Guarantor by the Company or any Restricted
		Subsidiary of the Company constituting an asset sale permitted under the terms
		of the Securities of any series to a Person other than the Company or a
		Subsidiary Guarantor of the Company and which is otherwise in compliance with
		the terms of this Indenture and the terms of the Securities of such series,
		such Subsidiary Guarantor shall automatically be released from all obligations
		under its Subsidiary Guarantees endorsed on the Securities of such series and
		under this Article XIII, </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		all other obligations of such Subsidiary Guarantor with respect to any
		Indebtedness of the Company or any Subsidiary of the Company shall also
		terminate upon such transaction. Notice of such release pursuant to this
		paragraph (c) shall be provided to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169525263"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">63</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 13.05 </FONT><U><FONT
		STYLE="font-size:10pt">Additional Subsidiary Guarantors</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) The Company may cause any of its
		Subsidiaries to become a Subsidiary Guarantor with respect to the Securities by
		executing and delivering to the Trustee (a) a supplemental indenture, in form
		and substance satisfactory to the Trustee, which subjects such Person to the
		provisions (including the representations and warranties) of this Indenture as
		a Subsidiary Guarantor and (b) an Opinion of Counsel to the effect that such
		supplemental indenture has been duly authorized and executed by such Person and
		constitutes the legal, valid, binding and enforceable obligation of such Person
		(subject to such customary exceptions concerning creditors&#146; rights and
		equitable principles as may be acceptable to the Trustee in its
		discretion).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) The Company will cause any Subsidiary of
		the Company that is required under the terms of the Securities of any series to
		become a Subsidiary Guarantor to execute a supplemental indenture pursuant to
		which it shall become a Subsidiary Guarantor.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525264"></A>ARTICLE
		XIV</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">DEFEASANCE AND COVENANT
		DEFEASANCE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525265"></A>Section 14.01
		</FONT><U><FONT STYLE="font-size:10pt">Company&#146;s Option to Effect
		Defeasance or Covenant Defeasance</FONT></U><FONT STYLE="font-size:10pt">. The
		Company may elect, at its option by Board Resolution at any time, to have
		either Section 14.02 or Section 14.03 applied to the Outstanding Securities of
		any series designated pursuant to Section 3.01 as being defeasible pursuant to
		this Article XIV (hereinafter called a &#147;Defeasible Series&#148;), upon
		compliance with the conditions set forth below in this Article XIV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525266"></A>Section 14.02
		</FONT><U><FONT STYLE="font-size:10pt">Defeasance and Discharge</FONT></U><FONT
		STYLE="font-size:10pt">. Upon the Company&#146;s exercise of the option
		provided in Section 14.01 to have this Section 14.02 applied to the Outstanding
		Securities of any Defeasible Series, the Company shall be deemed to have been
		discharged from its obligations, and the provisions of Article XIII shall cease
		to be effective, with respect to the Outstanding Securities of such series and
		the Subsidiary Guarantors shall be deemed to have been discharged from their
		obligations with respect to their Subsidiary Guarantees for such Outstanding
		Securities, as provided in this Section on and after the date the conditions
		set forth in Section 14.04 are satisfied (hereinafter called
		&#147;Defeasance&#148;), and the Trustee shall deliver to the Company and the
		Subsidiary Guarantors appropriate instruments of satisfaction, discharge and
		release. For this purpose, such Defeasance means that the Company shall be
		deemed to have paid and discharged the entire indebtedness represented by the
		Outstanding Securities of such series and to have satisfied all its other
		obligations under the Securities of such series and this Indenture, and the
		Subsidiary Guarantors shall be deemed to have satisfied all of their
		obligations under their Subsidiary Guarantees and this Indenture insofar as the
		Securities of such series are concerned (and the Trustee, at the expense of the
		Company, shall execute proper instruments acknowledging the same), subject to
		the following which shall survive until otherwise terminated or discharged
		hereunder: (1) the rights of Holders of Securities of such series to receive,
		solely from the trust fund described in Section 14.04 and as more fully set
		forth in such Section, payments in respect of the principal of and any premium
		and interest on such Securities of such series when payments are due, (2) the
		Company&#146;s obligations with respect to the Securities of such series under
		Sections 3.04, 3.05, 3.06, 10.02 and 10.03, (3) the rights, </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">64</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">powers, trusts, duties and immunities of the
		Trustee hereunder and (4) this Article XIV. Subject to compliance with this
		Article XIV, the Company may exercise its option provided in Section 14.01 to
		have this Section 14.02 applied to the Outstanding Securities of any Defeasible
		Series notwithstanding the prior exercise of its option provided in Section
		14.01 to have Section 14.03 applied to the Outstanding Securities of such
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525267"></A>Section 14.03
		</FONT><U><FONT STYLE="font-size:10pt">Covenant Defeasance</FONT></U><FONT
		STYLE="font-size:10pt">. Upon the Company&#146;s exercise of the option
		provided in Section 14.01 to have this Section 14.03 applied to the Outstanding
		Securities of any Defeasible Series, (1) the Company shall be released from its
		obligations under Section 8.01 and Section 10.04, and the Subsidiary Guarantors
		shall be released from their obligations under Section 8.02 and Article XIII
		and (2) the occurrence of any event specified in Sections 5.01(3), 5.01(5)
		(with respect to any of Sections 8.01, 8.02 and 10.04), 5.01(6) and 5.01(9)
		shall be deemed not to be or result in an Event of Default, and (3) the
		provisions of Article XIII shall cease to be effective, in each case with
		respect to the Outstanding Securities of such series as provided in this
		Section on and after the date the conditions set forth in Section 14.04 are
		satisfied (hereinafter called &#147;Covenant Defeasance&#148;). For this
		purpose, such Covenant Defeasance means that the Company may omit to comply
		with and shall have no liability in respect of any term, condition or
		limitation set forth in any such specified Section (to the extent so specified
		in the case of Section 5.01(5)), whether directly or indirectly by reason of
		any reference elsewhere herein to any such Section or by reason of any
		reference in any such Section to any other provision herein or in any other
		document, but the remainder of this Indenture and the Securities of such series
		shall be unaffected thereby. In addition, Covenant Defeasance means that each
		Subsidiary Guarantor, if any, shall be released from its obligations under its
		Subsidiary Guarantee to the extent that the Company is released from its
		obligations under this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525268"></A>Section 14.04
		</FONT><U><FONT STYLE="font-size:10pt">Conditions to Defeasance or Covenant
		Defeasance</FONT></U><FONT STYLE="font-size:10pt">. The following shall be the
		conditions to application of either Section 14.02 or Section 14.03 to the
		Outstanding Securities of any Defeasible Series:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) The Company shall irrevocably have
		deposited or caused to be deposited with the Trustee (or another trustee that
		satisfies the requirements contemplated by Section 6.09 and agrees to comply
		with the provisions of this Article XIV applicable to it) as trust funds in
		trust for the purpose of making the following payments, specifically pledged as
		security for, and dedicated solely to, the benefit of the Holders of
		Outstanding Securities of such series, (A) money in an amount, or (B) U.S.
		Government Obligations that through the scheduled payment of principal and
		interest in respect thereof in accordance with their terms will provide, not
		later than one day before the due date of any payment, money in an amount, or
		(C) a combination thereof, in each case sufficient, in the opinion of a
		nationally recognized firm of independent public accountants expressed in a
		written certification thereof delivered to the Trustee, to pay and discharge,
		and which shall be applied by the Trustee (or any such other qualifying
		trustee) to pay and discharge, the principal of and any premium and interest on
		the Securities of such series on the respective Stated Maturities, in
		accordance with the terms of this Indenture and the Securities of such series.
		As used herein, &#147;U.S. Government Obligation&#148; means (x) any security
		that is (i) a direct obligation of the United States of America for the payment
		of which full faith and credit of the United States of America is pledged or
		(ii) an obligation of a Person controlled or supervised by and acting as an
		agency or instrumentality of </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">65</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">the United States of America the payment of
		which is unconditionally guaranteed as a full faith and credit obligation by
		the United States of America, which, in either case (i) or (ii), is not
		callable or redeemable at the option of the issuer thereof, and (y) any
		depositary receipt issued by a bank (as defined in Section 3(a)(2) of the
		Securities Act of 1933, as amended) as custodian with respect to any U.S.
		Government Obligation specified in Clause (x) and held by such custodian for
		the account of the holder of such depositary receipt, or with respect to any
		specific payment of principal of or interest on any such U.S. Government
		Obligation, </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that (except as required by law) such custodian is not
		authorized to make any deduction from the amount payable to the holder of such
		depositary receipt from any amount received by the custodian in respect of the
		U.S. Government Obligation or the specific payment of principal or interest
		evidenced by such depositary receipt.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) In the case of an election under Section
		14.02, the Company shall have delivered to the Trustee an Opinion of Counsel
		stating that (A) the Company has received from, or there has been published by,
		the Internal Revenue Service a ruling or (B) since the date first set forth
		hereinabove, there has been a change in the applicable Federal income tax law,
		in either case (A) or (B) to the effect that, and based thereon such opinion
		shall confirm that, the Holders of the Outstanding Securities of such series
		will not recognize gain or loss for Federal income tax purposes as a result of
		the deposit, Defeasance and discharge to be effected with respect to the
		Securities of such series and will be subject to Federal income tax on the same
		amount, in the same manner and at the same times as would be the case if such
		deposit, Defeasance and discharge were not to occur.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) In the case of an election under Section
		14.03, the Company shall have delivered to the Trustee an Opinion of Counsel to
		the effect that the Holders of the Outstanding Securities of such series will
		not recognize gain or loss for Federal income tax purposes as a result of the
		deposit and Covenant Defeasance to be effected with respect to the Securities
		of such series and will be subject to Federal income tax on the same amount, in
		the same manner and at the same times as would be the case if such deposit and
		Covenant Defeasance were not to occur.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) No Event of Default or event that (after
		notice or lapse of time or both) would become an Event of Default shall have
		occurred and be continuing at the time of such deposit or, with regard to any
		Event of Default or any such event specified in Sections 5.01(7) and (8), at
		any time on or prior to the 90th day after the date of such deposit (it being
		understood that this condition shall not be deemed satisfied until after such
		90th day).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) Such Defeasance or Covenant Defeasance
		shall not result in a breach or violation of, or constitute a default under,
		any other agreement or instrument to which the Company is a party or by which
		it is bound.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) The Company shall have delivered to the
		Trustee an Officer&#146;s Certificate and an Opinion of Counsel, each stating
		that all conditions precedent with respect to such Defeasance or Covenant
		Defeasance have been complied with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525269"></A>Section 14.05
		</FONT><U><FONT STYLE="font-size:10pt">Deposited Money and U.S. Government
		Obligations to be Held in Trust; Other Miscellaneous Provisions</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">66</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All money and U.S. Government Obligations
		(including the proceeds thereof) deposited with the Trustee or other qualifying
		trustee (solely for purposes of this Section and Section 14.06, the Trustee and
		any such other trustee are referred to collectively as the &#147;Trustee&#148;)
		pursuant to Section 14.04 in respect of the Securities of any Defeasible Series
		shall be held in trust and applied by the Trustee, in accordance with the
		provisions of the Securities of such series and this Indenture, to the payment,
		either directly or through any such Paying Agent (including the Company acting
		as its own Paying Agent) as the Trustee may determine, to the Holders of
		Securities of such series, of all sums due and to become due thereon in respect
		of principal and any premium and interest, but money so held in trust need not
		be segregated from other funds except to the extent required by law.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company and the Subsidiary Guarantors
		(on a joint and several basis) shall pay and indemnify the Trustee against any
		tax, fee or other charge imposed on or assessed against the U.S. Government
		Obligations deposited pursuant to Section 14.04 or the principal and interest
		received in respect thereof other than any such tax, fee or other charge that
		by law is for the account of the Holders of Outstanding Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Anything in this Article XIV to the contrary
		notwithstanding, the Trustee shall deliver or pay to the Company from time to
		time upon Company Request any money or U.S. Government Obligations held by it
		as provided in Section 14.04 with respect to Securities of any Defeasible
		Series that, in the opinion of a nationally recognized firm of independent
		public accountants expressed in a written certification thereof delivered to
		the Trustee, are in excess of the amount thereof that would then be required to
		be deposited to effect an equivalent Defeasance or Covenant Defeasance with
		respect to the Securities of such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525270"></A>Section 14.06
		</FONT><U><FONT STYLE="font-size:10pt">Reinstatement</FONT></U><FONT
		STYLE="font-size:10pt">. If the Trustee or the Paying Agent is unable to apply
		any money in accordance with this Article XIV with respect to the Securities of
		any series by reason of any order or judgment of any court or governmental
		authority enjoining, restraining or otherwise prohibiting such application,
		then the Company&#146;s obligations under this Indenture and the Securities of
		such series and such Subsidiary Guarantor&#146;s obligation under its
		Subsidiary Guarantee and this Indenture shall be revived and reinstated as
		though no deposit had occurred pursuant to this Article XIV with respect to
		Securities of such series until such time as the Trustee or Paying Agent is
		permitted to apply all money held in trust pursuant to Section 14.05 with
		respect to Securities of such series in accordance with this Article XIV;
		</FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that if
		the Company or a Subsidiary Guarantor makes any payment of principal of or any
		premium or interest on any Security of such series following the reinstatement
		of its obligations, the Company or the Subsidiary Guarantor, as the case may
		be, shall be subrogated to the rights of the Holders of Securities of such
		series to receive such payment from the money so held in trust.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169525271"></A>ARTICLE
		XV</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">CONVERSION OF SECURITIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525272"></A>Section 15.01
		</FONT><U><FONT STYLE="font-size:10pt">Applicability; Conversion Privilege and
		Conversion Price</FONT></U><FONT STYLE="font-size:10pt">. Securities of any
		series which are convertible into Common Stock of the Company shall be
		convertible in </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">67</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">accordance with their terms and (except as
		otherwise specified as contemplated by Section&nbsp;3.01 for Securities of any
		series) in accordance with this Article.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to and upon compliance with the
		provisions of this Article, at the option of the Holder thereof, any Security
		or any portion of the outstanding principal amount thereof which is $1,000 or
		an integral multiple of $1,000 may be converted at the principal amount
		thereof, or of such portion thereof, into fully paid and nonassessable shares
		(calculated as to each conversion to the nearest 1/100 of a share) of Common
		Stock of the Company at the conversion price, determined as hereinafter
		provided, in effect at the time of conversion. Such conversion right shall
		expire at the close of business on the date specified for Securities of such
		series. In case a Security or portion thereof is called for redemption at the
		election of the Company, such conversion right in respect of the Security or
		portion so called shall expire at the close of business on the 10th calendar
		day before the Redemption Date, unless the Company defaults in making the
		payment due upon redemption.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The price at which shares of Common Stock
		shall be delivered upon conversion (herein called the &#147;conversion
		price&#148;) shall be the price specified in relation to Securities of such
		series pursuant to Section 3.01, as it shall be adjusted in certain instances
		as provided in this Article.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525273"></A>Section 15.02
		</FONT><U><FONT STYLE="font-size:10pt">Exercise of Conversion
		Price</FONT></U><FONT STYLE="font-size:10pt">. In order to exercise the
		conversion privilege, the Holder of any Security to be converted shall
		surrender such Security, duly endorsed or assigned to the Company or in blank,
		at any office or agency of the Company maintained for that purpose pursuant to
		Section 10.02, accompanied by written notice to the Company (which shall be
		substantially in the form set forth in Section 2.03) at such office or agency
		that the Holder elects to convert such Security or, if less than the entire
		principal amount thereof is to be converted, the portion thereof to be
		converted. Securities surrendered for conversion during the period from the
		close of business on any Regular Record Date next preceding any Interest
		Payment Date to the opening of business on such Interest Payment Date shall
		(except in the case of Securities or portions thereof which have been called
		for redemption on a Redemption Date within such period) be accompanied by
		payment in funds acceptable to the Company of an amount equal to the interest
		payable on such Interest Payment Date on the principal amount of Securities
		being surrendered for conversion. Subject to the provisions of Section 3.07
		relating to the payment of Defaulted Interest by the Company, the interest
		payment with respect to a Security called for redemption on a Redemption Date
		during the period from the close of business on any Regular Record Date next
		preceding any Interest Payment Date to the opening of business on such Interest
		Payment Date shall be payable on such Interest Payment Date to the Holder of
		such Security at the close of business on such Regular Record Date
		notwithstanding the conversion of such Security after such Regular Record Date
		and prior to such Interest Payment Date, and the Holder converting such
		Security need not include a payment of such interest payment amount upon
		surrender of such Security for conversion. Except as provided in the preceding
		sentence and subject to the final paragraph of Section 3.07, no payment or
		adjustment shall be made upon any conversion on account of any interest accrued
		on the Securities surrendered for conversion or on account of any dividends on
		the Common Stock issued upon conversion.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Securities shall be deemed to have been
		converted immediately prior to the close of business on the day of surrender of
		such Securities for conversion in accordance with the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">68</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">foregoing provisions, and at such time the
		rights of the Holders of such Securities as Holders shall cease, and the Person
		or Persons entitled to receive the Common Stock issuable upon conversion shall
		be treated for all purposes as the record holder or holders of such Common
		Stock at such time. As promptly as practicable on or after the conversion date,
		the Company shall issue and shall deliver at such office or agency a
		certificate or certificates for the number of full shares of Common Stock
		issuable upon conversion, together with payment in lieu of any fraction of a
		share, as provided in Section 15.03.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525274"></A>Section 15.03
		</FONT><U><FONT STYLE="font-size:10pt">Fractions of Shares</FONT></U><FONT
		STYLE="font-size:10pt">. No fractional shares of Common Stock shall be issued
		upon conversion of Securities. If more than one Security shall be surrendered
		for conversion at one time by the same Holder, the number of full shares which
		shall be issuable upon conversion thereof shall be computed on the basis of the
		aggregate principal amount of the Securities (or specified portions thereof) so
		surrendered. Instead of any fractional share of Common Stock which would
		otherwise be issuable upon conversion of any Security or Securities (or
		specified portions thereof), the Company shall pay a cash adjustment in respect
		of such fraction in an amount equal to the same fraction of the daily closing
		price per share of Common Stock (consistent with Section 15.04(6) below) at the
		close of business on the day of conversion.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525275"></A>Section 15.04
		</FONT><U><FONT STYLE="font-size:10pt">Adjustment of Conversion
		Price</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) In case the Company shall pay or make a
		dividend or other distribution on any class of capital stock of the Company in
		Common Stock, the conversion price in effect at the opening of business on the
		day following the date fixed for determination of stockholders entitled to
		receive such dividend or other distribution shall be reduced by multiplying
		such conversion price by a fraction of which the numerator shall be the number
		of shares of Common Stock outstanding at the close of business on the date
		fixed for such determination and the denominator shall be the sum of such
		number of shares and the total number of shares constituting such dividend or
		other distribution, such reduction to become effective immediately after the
		opening of business on the day following the date fixed for such determination.
		For the purposes of this paragraph (1), the number of shares of Common Stock at
		any time outstanding shall not include shares held in the treasury of the
		Company but shall include shares issuable in respect of scrip certificates
		issued in lieu of fractions of shares of Common Stock. The Company will not pay
		any dividend or make any distribution on shares of Common Stock held in the
		treasury of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) In case the Company shall issue rights
		or warrants to all holders of its Common Stock entitling them to subscribe for
		or purchase shares of Common Stock at a price per share less than the current
		market price per share (determined as provided in paragraph (6) of this
		Section) of the Common Stock on the date fixed for the determination of
		stockholders entitled to receive such rights or warrants (other than pursuant
		to a dividend reinvestment plan), the conversion price in effect at the opening
		of business on the day following the date fixed for such determination shall be
		reduced by multiplying such conversion price by a fraction of which the
		numerator shall be the number of shares of Common Stock outstanding at the
		close of business on the date fixed for such determination plus the number of
		shares of Common Stock which the aggregate of the offering price of the total
		number of shares of Common Stock so offered for subscription or purchase would
		purchase at such current market price and the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">69</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">denominator shall be the number of shares of
		Common Stock outstanding at the close of business on the date fixed for such
		determination plus the number of shares of Common Stock so offered for
		subscription or purchase, such reduction to become effective immediately after
		the opening of business on the day following the date fixed for such
		determination. For the purposes of this paragraph (2), the number of shares of
		Common Stock at any time outstanding shall not include shares held in the
		treasury of the Company but shall include shares issuable in respect of scrip
		certificates issued in lieu of fractions of shares of Common Stock. The Company
		will not issue any rights or warrants in respect of shares of Common Stock held
		in the treasury of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) In case outstanding shares of Common
		Stock shall be subdivided into a greater number of shares of Common Stock, the
		conversion price in effect at the opening of business on the day following the
		day upon which such subdivision becomes effective shall be proportionately
		reduced, and, conversely, in case outstanding shares of Common Stock shall each
		be combined into a smaller number of shares of Common Stock, the conversion
		price in effect at the opening of business on the day following the day upon
		which such combination becomes effective shall be proportionately increased,
		such reduction or increase, as the case may be, to become effective immediately
		after the opening of business on the day following the day upon which such
		subdivision or combination becomes effective.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) In case the Company shall, by dividend
		or otherwise, distribute to all holders of its Common Stock evidences of its
		indebtedness or assets (including securities, but excluding any rights or
		warrants referred to in paragraph (2) of this Section, any dividend or
		distribution paid in cash out of the earned surplus of the Company and any
		dividend or distribution referred to in paragraph (1) of this Section), the
		conversion price shall be adjusted so that the same shall equal the price
		determined by multiplying the conversion price in effect immediately prior to
		the close of business on the date fixed for the determination of stockholders
		entitled to receive such distribution by a fraction of which the numerator
		shall be the current market price per share (determined as provided in
		paragraph (6) of this Section) of the Common Stock on the date fixed for such
		determination less the then fair market value (as determined by the Board of
		Directors, whose determination shall be conclusive and described in a Board
		Resolution filed with the Trustee) of the portion of the assets or evidences of
		indebtedness so distributed applicable to one share of Common Stock and the
		denominator shall be such current market price per share of the Common Stock,
		such adjustment to become effective immediately prior to the opening of
		business on the day following the date fixed for the determination of
		stockholders entitled to receive such distribution.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) The reclassification of Common Stock
		into securities other than Common Stock (other than any reclassification upon a
		consolidation or merger to which Section 15.11 applies) shall be deemed to
		involve (a) a distribution of such securities other than Common Stock to all
		holders of Common Stock (and the effective date of such reclassification shall
		be deemed to be &#147;the date fixed for the determination of stockholders
		entitled to receive such distribution&#148; and &#147;the date fixed for such
		determination&#148; within the meaning of paragraph (4) of this Section), and
		(b) a subdivision or combination, as the case may be, of the number of shares
		of Common Stock outstanding immediately prior to such reclassification into the
		number of shares of Common Stock outstanding immediately thereafter (and the
		effective date of such reclassification shall be deemed to be &#147;the day
		upon which such subdivision becomes effective&#148; </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">70</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">or &#147;the day upon which such combination
		becomes effective&#148;, as the case may be, and &#147;the day upon which such
		subdivision or combination becomes effective&#148; within the meaning of
		paragraph (3) of this Section).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) For the purpose of any computation under
		paragraphs (2) and (4) of this Section, the current market price per share of
		Common Stock on any day shall be deemed to be the average of the daily closing
		prices for the five consecutive trading days ( </FONT><U><FONT
		STYLE="font-size:10pt">i.e</FONT></U><FONT STYLE="font-size:10pt"> ., Business
		Days on which the Common Stock is traded) selected by the Board of Directors
		commencing not more than 20 trading days before, and ending not later than, the
		earlier of the day in question and the day before the &#147;ex&#148; date with
		respect to the issuance or distribution requiring such computation. For this
		purpose, the term &#147;ex&#148; date&#148;, when used with respect to any
		issuance or distribution, shall mean the first date on which the Common Stock
		trades regular way on the applicable exchange or in the applicable market
		without the right to receive such issuance or distribution. The closing price
		for each day shall be the reported last sale price regular way or, in case no
		such reported sale takes place on such day, the average of the reported closing
		bid and asked prices regular way, in either case on the Nasdaq Stock Market or,
		if the Common Stock is not listed or admitted to trading on such Exchange, on
		the principal national securities exchange on which the Common Stock is listed
		or admitted to trading or, if not listed or admitted to trading on any national
		securities exchange, on the New York Stock Exchange or, if the Common Stock is
		not listed or admitted to trading on any national securities exchange or quoted
		on the New York Stock Exchange, the average of the closing bid and asked prices
		in the over-the-counter market as furnished by any Nasdaq Stock Market member
		firm selected from time to time by the Board of Directors for that
		purpose.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) The Company may make such reductions in
		the conversion price, in addition to those required by paragraphs (1), (2), (3)
		and (4) of this Section, as it considers to be advisable in order to avoid or
		diminish any income tax to any holders of shares of Common Stock resulting from
		any dividend or distribution of stock or issuance of rights or warrants to
		purchase or subscribe for stock or from any event treated as such for income
		tax purposes or for any other reasons. The Company shall have the power to
		resolve any ambiguity or correct any error pursuant to this paragraph (7) and
		its actions in so doing shall be final and conclusive.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) No adjustment in the conversion price
		shall be required unless such adjustment would require an increase or decrease
		of at least one percent in such conversion price; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that any adjustment which by reason of this paragraph
		(8) is not required to be made shall be carried forward and taken into account
		in any subsequent adjustment. All calculations under this Article shall be made
		to the nearest cent or to the nearest 1/100 of a share, as the case may
		be.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525276"></A>Section 15.05
		</FONT><U><FONT STYLE="font-size:10pt">Notice of Adjustments of Conversion
		Price</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Whenever the conversion price is adjusted as
		herein provided:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) the Company shall compute the adjusted
		conversion price in accordance with Section 15.04 and shall prepare a
		certificate signed by the Treasurer or other appropriate officer of the Company
		setting forth the adjusted conversion price and showing in reasonable detail
		the facts upon which such adjustment is based, and such certificate shall
		forthwith be filed </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">71</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">at each office or agency maintained for the
		purpose of conversion of Securities pursuant to Section 10.02; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) a notice stating that the conversion
		price has been adjusted and setting forth the adjusted conversion price shall
		forthwith be required, and as soon as practicable after it is required, such
		notice shall be delivered electronically or mailed by the Company to all
		Holders at their last addresses as they shall appear in the Security
		Register.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525277"></A>Section 15.06
		</FONT><U><FONT STYLE="font-size:10pt">Notice of Certain Corporate
		Action</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In case:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(a) the Company shall declare a dividend (or
		any other distribution) on its Common Stock payable otherwise than in cash out
		of its earned surplus; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(b) the Company shall authorize the granting
		to the holders of its Common Stock of rights or warrants to subscribe for or
		purchase any shares of capital stock of any class or of any other rights;
		or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(c) of any reclassification of the Common
		Stock of the Company (other than a subdivision or combination of its
		outstanding shares of Common Stock), or of any consolidation, merger or share
		exchange to which the Company is a party and for which approval of any
		stockholders of the Company is required, or of the sale or transfer of all or
		substantially all of the assets of the Company; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:15%;">
		<FONT STYLE="font-size:10pt">(d) of the voluntary or involuntary
		dissolution, liquidation or winding up of the Company;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">then the Company shall cause to be filed at
		each office or agency maintained for the purpose of conversion of Securities
		pursuant to Section 10.02, and shall cause to be mailed to all Holders at their
		last addresses as they shall appear in the Security Register, at least 20 days
		(or 10 days in any case specified in clause (a) or (b) above) prior to the
		applicable record or effective date hereinafter specified, a notice stating (x)
		the date on which a record is to be taken for the purpose of such dividend,
		distribution, rights or warrants, or, if a record is not to be taken, the date
		as of which the holders of Common Stock of record to be entitled to such
		dividend, distribution, rights or warrants are to be determined, or (y) the
		date on which such reclassification, consolidation, merger, share exchange,
		sale, transfer, dissolution, liquidation or winding up is expected to become
		effective, and the date as of which it is expected that holders of Common Stock
		of record shall be entitled to exchange their shares of Common Stock for
		securities, cash or other property deliverable upon such reclassification,
		consolidation, merger, share exchange, sale, transfer, dissolution, liquidation
		or winding up. Neither the failure to give such notice nor any defect therein
		shall affect the legality or validity of the proceedings described in clauses
		(a) through (d) of this Section 15.06. If at the time the Trustee shall not be
		the conversion agent, a copy of such notice shall also forthwith be filed by
		the Company with the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Not less than seven days prior to any date
		fixed for the determination of stockholders entitled to receive such
		distribution, the Company shall cause to be filed at each office or agency
		maintained for the purpose of conversion of Securities pursuant to Section
		10.02, and shall cause </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">72</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">to be mailed to all Holders at their last
		addresses as they shall appear in the Security Register, a notice stating the
		date on which such determination is to be made, and briefly describing the
		import thereof. If at the time the Trustee shall not be the conversion agent, a
		copy of such notice shall also forthwith be filed by the Company with the
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525278"></A>Section 15.07
		</FONT><U><FONT STYLE="font-size:10pt">Company to Reserve Common
		Stock</FONT></U><FONT STYLE="font-size:10pt">. The Company shall at all times
		reserve and keep available out of its authorized but unissued Common Stock, for
		the purpose of effecting the conversion of Securities, the full number of
		shares of Common Stock then issuable upon the conversion of all Outstanding
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525279"></A>Section 15.08
		</FONT><U><FONT STYLE="font-size:10pt">Taxes on Conversions</FONT></U><FONT
		STYLE="font-size:10pt">. The Company will pay any and all taxes that may be
		payable in respect of the issue or delivery of shares of Common Stock on
		conversion of Securities pursuant hereto. The Company shall not, however, be
		required to pay any tax which may be payable in respect of any transfer
		involved in the issue and delivery of shares of Common Stock in a name other
		than that of the Holder of the Security or Securities to be converted, and no
		such issue or delivery shall be made unless and until the Person requesting
		such issue has paid to the Company the amount of any such tax, or has
		established to the satisfaction of the Company that such tax has been
		paid.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525280"></A>Section 15.09
		</FONT><U><FONT STYLE="font-size:10pt">Covenant as to Common
		Stock</FONT></U><FONT STYLE="font-size:10pt">. The Company covenants that all
		shares of Common Stock which may be issued upon conversion of Securities will
		upon issue be fully paid and nonassessable and, except as provided in Section
		15.08, the Company will pay all taxes, liens and charges with respect to the
		issue thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525281"></A>Section 15.10
		</FONT><U><FONT STYLE="font-size:10pt">Cancellation of Converted
		Securities</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All Securities delivered for conversion
		shall be delivered to the Trustee to be cancelled by or at the direction of the
		Trustee, which shall dispose of the same as provided in Section 3.09.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525282"></A>Section 15.11
		</FONT><U><FONT STYLE="font-size:10pt">Provisions in Case of Consolidation,
		Merger or Sale of Assets</FONT></U><FONT STYLE="font-size:10pt">. In case of
		any consolidation of the Company with, or merger of the Company into, any other
		Person, any merger of another Person into the Company (other than a merger
		which does not result in any reclassification, conversion, exchange or
		cancellation of outstanding shares of Common Stock of the Company) or any sale
		or transfer of all or substantially all of the assets of the Company, the
		Person formed by such consolidation or resulting from such merger or which
		acquires such assets, as the case may be, shall execute and deliver to the
		Trustee a supplemental indenture providing that the Holder of each convertible
		Security then outstanding shall have the right thereafter, during the period
		such Security shall be convertible as specified in Section 15.01, to convert
		such Security only into the kind and amount of securities, cash and other
		property receivable upon such consolidation, merger, sale or transfer by a
		holder of the number of shares of Common Stock of the Company into which such
		Security might have been converted immediately prior to such consolidation,
		merger, sale or transfer, assuming such holder of Common Stock of the Company
		failed to exercise his rights of election, if any, as to the kind or amount of
		securities, cash and other property receivable upon such consolidation, merger,
		sale or transfer (provided that if the kind or amount of securities, cash and
		other property receivable upon such consolidation, merger, sale or transfer is
		not the same for each share of Common Stock of the Company in respect of which
		such rights of election shall not have been exercised </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">73</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">(&#147;non-electing share&#148;), then for
		the purpose of this Section the kind and amount of securities, cash and other
		property receivable upon such consolidation, merger, sale or transfer by each
		non-electing share shall be deemed to be the kind and amount so receivable per
		share by a plurality of the non-electing shares). Such supplemental indenture
		shall provide for adjustments which, for events subsequent to the effective
		date of such supplemental indenture, shall be as nearly equivalent as may be
		practicable to the adjustments provided for in this Article. The above
		provisions of this Section shall similarly apply to successive consolidations,
		mergers, sales or transfers.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169525283"></A>Section 15.12
		</FONT><U><FONT STYLE="font-size:10pt">Responsibility of
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. Neither the Trustee nor any
		conversion agent shall at any time be under any duty or responsibility to any
		Holder of Securities to determine whether any fact exists which may require any
		adjustment of the conversion price, or with respect to the nature or extent of
		any such adjustment when made, or with respect to the method employed, or
		herein or in any supplemental indenture provided to be employed, in making the
		same. Neither the Trustee nor any conversion agent shall be accountable with
		respect to the registration, validity or value (or the kind or amount) of any
		shares of Common Stock, or of any securities or property, which may at any time
		be issued or delivered upon the conversion of any Security; and neither the
		Trustee nor any conversion agent makes any representation with respect thereto.
		Neither the Trustee nor any conversion agent shall be responsible for any
		failure of the Company to issue or transfer or deliver any Common Stock or
		stock certificates or other securities or property or to make any cash payment
		upon the surrender of any Security for the purpose of conversion or to comply
		with any of the covenants of the Company contained in this Article XV.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">The Trustee makes no representations as to
		the validity or sufficiency of this Indenture; the recitals and statements
		herein are deemed to be those of the Company and not of the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This instrument may be executed in any
		number of counterparts, each of which so executed shall be deemed to be an
		original, but all such counterparts shall together constitute but one and the
		same instrument.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">(Signature Pages to Follow)</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">74</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">IN WITNESS WHEREOF, the parties hereto have
		caused this Indenture to be duly executed as of the day and year first above
		written.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <U><FONT STYLE="font-size:10pt">Guarantors:</FONT></U>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ACCESS CONSULTANTS CO.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ALEXIS SHIPHOLDING S.A.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARACRUZ TRADING LTD.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ATLAS INVESTMENTS S.A.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
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		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
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	 <DIV ALIGN="left">
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		  <TR>
			 <TD VALIGN="bottom">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD COLSPAN="2" VALIGN="bottom">
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				  <FONT STYLE="FONT-SIZE:10PT">DELORA TRADING COMPANY</FONT>
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		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
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			 <TD WIDTH="5%" VALIGN="bottom">
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			 <TD VALIGN="top">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
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			 </TD>
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		&nbsp;
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		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
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		  <TR>
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				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">DREW INTERNATIONAL INC.</FONT>
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		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
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			 <TD WIDTH="2%" VALIGN="bottom">
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
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		  <TR>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
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				</P>
			 </TD>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
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		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
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			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
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			 <TD WIDTH="2%" VALIGN="bottom">
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
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			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
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		  <TR>
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD VALIGN="top">
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD VALIGN="top">
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
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				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SOMER SHIPMANAGEMENT S.A.</FONT>
				</P>
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		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD VALIGN="bottom">
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">TRANSGALAXY INC.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
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			 <TD WIDTH="2%" VALIGN="bottom">
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				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
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			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">TRIATHLON INC.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">VCM TRADING LTD.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">VENTSPILS GASES LTD.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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		&nbsp;
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		STYLE=" border-collapse:collapse;">
		  <TR>
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				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <U><FONT STYLE="font-size:10pt">Trustee:</FONT></U>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;margin-right:0in;text-indent:-8.65pt;margin-top:0in;margin-bottom:0in;">
				  <FONT STYLE="font-size:10pt">WELLS FARGO BANK, NATIONAL
				  ASSOCIATION, as trustee</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">-i-</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
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<DOCUMENT>
<TYPE>EX-4.2
<SEQUENCE>3
<FILENAME>file3.htm
<DESCRIPTION>FORM OF SUBORDINATED INDENTURE
<TEXT>
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<HEAD>
<TITLE>
</TITLE>
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   <PAGE>
	 <DIV
	  STYLE="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>

	 <DIV
	  STYLE="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>

	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="font-size:10pt">the Subsidiary Guarantors named
		herein</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="font-size:10pt">and</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="FONT-SIZE:10PT">WELLS FARGO BANK, NATIONAL
		ASSOCIATION</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="font-size:10pt">Trustee</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="FONT-SIZE:10PT">INDENTURE</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="font-size:10pt">Dated as of _____________ __, 2007</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="font-size:10pt">Subordinated Debt Securities</FONT>
	 </P>
	 <DIV
	  STYLE="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>

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

	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<FONT STYLE="font-size:10pt">StealthGas Inc.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">Certain Sections of this Indenture relating
		to</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">Sections 3.10 through 3.18, inclusive, of
		the</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">Trust Indenture Act of 1939:</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD COLSPAN="3" VALIGN="bottom"
			  STYLE=" border-bottom:solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Trust</FONT></B><FONT
				  STYLE="font-size:8pt">&nbsp;</FONT><B><FONT
				  STYLE="font-size:8pt">Indenture</FONT></B><BR> <B><FONT
				  STYLE="font-size:8pt">Act Section</FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt"> </FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:8pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt"> </FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <BR> <B><FONT STYLE="font-size:8pt">Indenture</FONT></B><FONT
				  STYLE="font-size:8pt">&nbsp;</FONT><B><FONT
				  STYLE="font-size:8pt">Section</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="8%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect;&nbsp;310</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="11%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD WIDTH="48%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD WIDTH="23%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(3)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not&nbsp;Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(4)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(5)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.08</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect; 311</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.11</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.11</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect; 312</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect; 313</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.06</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.06</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.06</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(d)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect; 314</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">7.04</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(4)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">1.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.05</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)(1)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)(3)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(d)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(e)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.2</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect; 315</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.05</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(d)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">6.01</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(e)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect; 316</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.1</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)(A)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.02</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.12</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)(B)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Not Applicable</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.08</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(c)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.4</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&sect; 317</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(1)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.03</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(a)(2)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">5.04</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">(b)</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10.03</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">NOTE:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
		reconciliation and tie shall not, for any purpose, be deemed to be a part of
		the Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:16pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="18%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE I</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="71%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">DEFINITIONS AND OTHER PROVISIONS OF
				  GENERAL APPLICATION</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">1</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Definitions</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">1</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Compliance Certificates and
				  Opinions</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">9</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Documents Delivered to
				  Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">9</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">No Adverse Interpretation of Other
				  Agreements; Use of English Language</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Acts of Holders; Record Dates</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">10</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notices, Etc., to Trustee, Company
				  and Subsidiary Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">12</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice to Holders; Waiver</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">12</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Conflict with Trust Indenture
				  Act</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">12</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Effect of Headings and Table of
				  Contents</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Successors and Assigns</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Separability Clause</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.12</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Benefits of Indenture</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.13</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Governing Law</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.14</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Legal Holidays</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">13</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 1.15</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Consent to Service;
				  Jurisdiction</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE II</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SECURITY AND SUBSIDIARY GUARANTEE
				  FORMS</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Forms Generally</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">14</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Face of Security</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">15</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Reverse of Security</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">16</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Legend for Global
				  Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">22</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Trustee&#146;s Certificate
				  of Authentication</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">22</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 2.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Form of Guarantee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">23</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE III</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">THE SECURITIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">26</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Amount Unlimited; Issuable in
				  Series</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">26</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Denominations</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">28</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Execution, Authentication, Delivery
				  and Dating</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">28</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Temporary Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">30</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Registration, Registration of
				  Transfer and Exchange</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">30</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Mutilated, Destroyed, Lost and
				  Stolen Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">32</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
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		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="18%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.07</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="71%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Payment of Interest; Interest Rights
				  Preserved</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">33</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Persons Deemed Owners</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Cancellation</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Computation of Interest</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 3.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">CUSIP Numbers</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">34</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE IV</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SATISFACTION AND DISCHARGE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">35</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 4.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Satisfaction and Discharge of
				  Indenture</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">35</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 4.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Application of Trust Money</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">36</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE V</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">REMEDIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">36</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Events of Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">36</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Acceleration of Maturity; Rescission
				  and Annulment</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">38</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Collection of Indebtedness and Suits
				  for Enforcement by Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">39</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee May File Proofs of
				  Claim</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">39</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee May Enforce Claims Without
				  Possession of Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">40</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Application of Money
				  Collected</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">40</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Limitation on Suits</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">40</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Unconditional Right of Holders to
				  Receive Principal, Premium and Interest and to Convert</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Restoration of Rights and
				  Remedies</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Rights and Remedies
				  Cumulative</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">41</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Delay or Omission Not Waiver</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">42</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.12</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Control by Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">42</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.13</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Waiver of Past Defaults</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">42</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.14</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Undertaking for Costs</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">42</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 5.15</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Waiver of Usury, Stay or Extension
				  Laws</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">43</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE VI</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">THE TRUSTEE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">43</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Duties of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">43</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Rights of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">44</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Individual Rights of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">45</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee&#146;s Disclaimer</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">45</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">45</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">2</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
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		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="18%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.06</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="71%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reports by Trustee to Holders</FONT>

				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">46</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Compensation and Indemnity</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">46</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Replacement of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">47</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Successor Trustee by Merger,
				  Etc.</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Eligibility; Disqualification</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 6.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Preferential Collection of Claims
				  against Company</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE VII</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">HOLDERS&#146; LISTS AND REPORTS BY
				  TRUSTEE AND COMPANY</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company to Furnish Trustee Names and
				  Addresses of Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">48</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Preservation of Information;
				  Communications to Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reports by Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 7.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reports by Company</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE VIII</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">CONSOLIDATION, AMALGAMATION,
				  CONVEYANCE, TRANSFER OR LEASE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 8.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company May Consolidate, Etc., Only
				  on Certain Terms</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">49</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 8.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Amalgamations, Mergers,
				  Consolidations and Certain Sales of Assets by Subsidiary Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">50</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 8.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Successor Corporation
				  Substituted</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">51</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE IX</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SUPPLEMENTAL INDENTURES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">51</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Supplemental Indentures Without
				  Consent of Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">51</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Supplemental Indentures with Consent
				  of Holders</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">53</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Execution of Supplemental
				  Indentures</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Effect of Supplemental
				  Indentures</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Conformity with Trust Indenture
				  Act</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 9.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reference in Securities to
				  Supplemental Indentures</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">54</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE X</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">COVENANTS</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">55</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Payment of Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">55</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Maintenance of Office or
				  Agency</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">55</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Money for Securities Payments to Be
				  Held in Trust</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">56</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Corporate Existence</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 10.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Compliance Certificate; Notice of
				  Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE XI</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">REDEMPTION OF SECURITIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Applicability of Article</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">3</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
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		<B><FONT STYLE="FONT-SIZE:10PT">TABLE OF CONTENTS</FONT></B>
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		&nbsp;
	 </P>
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		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="18%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.02</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="71%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Election to Redeem; Notice to
				  Trustee</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">57</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Selection by Trustee of Securities
				  to Be Redeemed</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">58</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Redemption</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">58</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Deposit of Redemption Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">59</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 11.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Securities Payable on Redemption
				  Date</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">59</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE XII</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SINKING FUNDS</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 12.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Applicability of Article</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 12.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Satisfaction of Sinking Fund
				  Payments with Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 12.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Redemption of Securities for Sinking
				  Fund</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">60</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE XIII</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">DEFEASANCE AND COVENANT
				  DEFEASANCE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">61</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company&#146;s Option to Effect
				  Defeasance or Covenant Defeasance</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">61</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Defeasance and Discharge</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">61</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Covenant Defeasance</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">61</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Conditions to Defeasance or Covenant
				  Defeasance</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">62</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Deposited Money and U.S. Government
				  Obligations to be Held in Trust; Other Miscellaneous Provisions</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">63</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 13.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reinstatement</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">64</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE XIV</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SUBSIDIARY GUARANTEE</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">64</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Subsidiary Guarantee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">64</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Execution and Delivery of Subsidiary
				  Guarantees</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">66</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Subsidiary Guarantors May
				  Consolidate, Etc., on Certain Terms</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">67</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Release of Subsidiary
				  Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">67</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 14.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Additional Subsidiary
				  Guarantors</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">68</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE XV</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">CONVERSION OF SECURITIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">68</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Applicability; Conversion Privilege
				  and Conversion Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">68</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Exercise of Conversion Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">68</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Fractions of Shares</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">69</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Adjustment of Conversion
				  Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">70</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Adjustments of Conversion
				  Price</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">72</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice of Certain Corporate
				  Action</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">72</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company to Reserve Common
				  Stock</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
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		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">4</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
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				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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				 STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Page</FONT></B>
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			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="18%" VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.08</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="71%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Taxes on Conversions</FONT>
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Covenant as to Common Stock</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">73</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Cancellation of Converted
				  Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">74</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Provisions in Case of Consolidation,
				  Merger or Sale of Assets</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">74</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 15.12</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Responsibility of Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">74</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">ARTICLE XVI</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">SUBORDINATION OF SECURITIES</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">75</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.01</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Securities Subordinate to Senior
				  Indebtedness</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">75</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.02</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Payment Over of Proceeds Upon
				  Dissolution, Etc.</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">75</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.03</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Prior Payment to Senior Indebtedness
				  Upon Acceleration of Securities</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">76</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.04</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">No Payment When Senior Indebtedness
				  in Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">77</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.05</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Payment Permitted If No
				  Default</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">77</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.06</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Subrogation to Rights of Holders of
				  Senior Indebtedness</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">77</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.07</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Provisions Solely to Define Relative
				  Rights</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">78</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.08</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee to Effectuate
				  Subordination</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">78</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.09</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">No Waiver of Subordination
				  Provisions</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">78</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.10</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Notice to Trustee</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">79</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.11</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Reliance on Judicial Order or
				  Certificate of Liquidating Agent</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">79</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.12</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trustee Not Fiduciary for Holders of
				  Senior Indebtedness</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">80</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.13</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Rights of Trustee as Holder of
				  Senior Indebtedness; Preservation of Trustee&#146;s Rights</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">80</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.14</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Article Applicable to Paying
				  Agents</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">80</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.15</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Certain Conversions Deemed
				  Payment</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">80</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="right"
				 STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Section 16.16</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:25.9pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Trust Moneys Not Subordinated</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">80</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">5</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT
		 STYLE="font-size:10pt">INDENTURE, dated as of </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, 2007, among StealthGas Inc., a Marshall Islands
		company (herein called the &#147;Company&#148;), having its principal office at
		331 Kifissias Avenue, Erithrea 14561, Athens, Greece, each of the Subsidiary
		Guarantors named herein and Wells Fargo Bank, National Association, a national
		banking association, as trustee (herein called the &#147;Trustee&#148;).</FONT>

	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">RECITALS OF THE COMPANY AND SUBSIDIARY
		GUARANTORS</FONT></B>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company has duly authorized the
		execution and delivery of this Indenture to provide for the issuance from time
		to time of its unsecured debentures, notes or other evidences of indebtedness
		(herein called the &#147;Securities&#148;), to be issued in one or more series
		as in this Indenture provided.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company, directly or indirectly, owns
		beneficially all or substantially all of the Capital Stock of the entities set
		forth on the signature page attached hereto (the &#147;Subsidiary
		Guarantors&#148;); the Company and the Subsidiary Guarantors are members of the
		same consolidated group of companies and are engaged in related businesses; the
		Subsidiary Guarantors will derive direct and indirect economic benefits from
		the issuance of the Securities; accordingly, each of the Subsidiary Guarantors
		has duly authorized the execution and delivery of this Indenture to provide for
		the Subsidiary Guarantee (as hereinafter defined) by each of them with respect
		to the Securities as set forth in this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All things necessary to make this Indenture
		a valid and legally binding agreement of the Company and the Subsidiary
		Guarantors, in accordance with its terms, have been done.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="FONT-SIZE:10PT">NOW, THEREFORE, THIS INDENTURE
		WITNESSETH:</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For and in consideration of the premises and
		the purchase of the Securities by the Holders thereof, it is mutually agreed,
		for the equal and proportionate benefit of all Holders of the Securities or of
		series thereof, as follows:</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523307"></A>ARTICLE
		I</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">DEFINITIONS AND OTHER
		PROVISIONS</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">OF GENERAL APPLICATION</FONT></B>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523308"></A>Section 1.01
		</FONT><U><FONT STYLE="font-size:10pt">Definitions</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For all purposes of this Indenture, except
		as otherwise expressly provided or unless the context otherwise
		requires:</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the terms defined in this Article have
		the meanings assigned to them in this Article and include the plural as well as
		the singular;<A NAME="eolpage177"></A></FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) all other terms used herein which are
		defined in the Trust Indenture Act, either directly or by reference therein,
		have the meanings assigned to them therein;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) all accounting terms not otherwise
		defined herein have the meanings assigned to them in accordance with United
		States generally accepted accounting principles, and, except as otherwise
		herein expressly provided, the term &#147;generally accepted accounting
		principles&#148; with respect to any computation required or permitted
		hereunder shall mean such accounting principles as are generally accepted at
		the date of such computation;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the words &#147;Article&#148; and
		&#147;Section&#148; refer to an Article and Section, respectively, of this
		Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) the words &#147;herein&#148;,
		&#147;hereof&#148; and &#147;hereunder&#148; and other words of similar import
		refer to this Indenture as a whole and not to any particular Article, Section
		or other subdivision; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) certain terms used principally in
		Articles VI, X, XIII and XIV, are defined in those Articles.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Act&#148;, when used with respect to
		any Holder, has the meaning specified in Section 1.05.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Affiliate&#148; of any specified
		Person means any other Person directly or indirectly controlling or controlled
		by or under direct or indirect common control with such specified Person. For
		the purposes of this definition, &#147;control&#148; when used with respect to
		any specified Person means the power to direct the management and policies of
		such Person, directly or indirectly, whether through the ownership of voting
		securities, by contract or otherwise; and the terms &#147;controlling&#148; and
		&#147;controlled&#148; have meanings correlative to the foregoing.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Bankruptcy Law&#148; means Title 11,
		U.S. Code or any similar Federal, state or foreign law for the relief of
		debtors.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Board of Directors&#148; means, with
		respect to the Company or a Subsidiary Guarantor, either the board of directors
		of such Person or any duly authorized committee of that board.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Board Resolution&#148; means, with
		respect to the Company or a Subsidiary Guarantor, a copy of a resolution
		certified by the Secretary or an Assistant Secretary of such Person to have
		been duly adopted by its Board of Directors and to be in full force and effect
		on the date of such certification, and delivered to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Business Day&#148;, when used with
		respect to any Place of Payment, means each Monday, Tuesday, Wednesday,
		Thursday and Friday which is not a day on which banking institutions in that
		Place of Payment are authorized or obligated by law or executive order to
		close.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Capital Lease Obligation&#148; means,
		at any time any determination thereof is made, the amount of the liability in
		respect of a capital lease that would at such time be so required to be
		capitalized on the balance sheet in accordance with generally accepted
		accounting principles.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Capital Stock&#148;, as applied to the
		stock of any corporation, means the capital stock of every class whether now or
		hereafter authorized, regardless of whether such capital stock shall be limited
		to a fixed sum or percentage with respect to the rights of the holders thereof
		to </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">2</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">participate in dividends and in the
		distribution of assets upon the voluntary or involuntary liquidation,
		dissolution or winding up of such corporation.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Commission&#148; means the Securities
		and Exchange Commission, from time to time constituted, created under the
		Exchange Act or, if at any time after the execution of this instrument such
		Commission is not existing and performing the duties now assigned to it under
		the Trust Indenture Act, then the body performing such duties at such
		time.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Common Stock&#148; includes any stock
		of any class of the Company which has no preference in respect of dividends or
		of amounts payable in the event of any voluntary or involuntary liquidation,
		dissolution or winding-up of the Company and which is not subject to redemption
		by the Company. However, subject to the provisions of Section 3.01(19) and (21)
		and Section 15.11, shares issuable on conversion of Securities shall include
		only shares of the class designated as Common Stock of the Company at the date
		of this instrument or shares of any class or classes resulting from any
		reclassification or reclassifications thereof and which have no preference in
		respect of dividends or of amounts payable in the event of any voluntary or
		involuntary liquidation, dissolution or winding-up of the Company and which are
		not subject to redemption by the Company; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that if
		at any time there shall be more than one such resulting class, the shares of
		each such class then so issuable shall be substantially in the proportion which
		the total number of shares of such class resulting from all such
		reclassifications bears to the total number of shares of all such classes
		resulting from all such reclassifications.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Company&#148; means the Person named
		as the &#147;Company&#148; in the first paragraph of this instrument until a
		successor Person shall have become such pursuant to the applicable provisions
		of this Indenture, and thereafter &#147;Company&#148; shall mean such successor
		Person.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Company Request&#148; or &#147;Company
		Order&#148; means a written request or order signed in the name of the Company
		by its Chairman of the Board, a Vice Chairman of the Board, its Chief Executive
		Officer, its President or a Vice President, and by its Chief Financial Officer,
		Treasurer, an Assistant Treasurer, its Secretary or an Assistant Secretary, and
		delivered to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Corporate Trust Office&#148; means the
		principal office of the Trustee in at which at any particular time its
		corporate trust business shall be administered, which office as of the date
		hereof is located at 625 Marquette Avenue, N9311-110, Minneapolis, MN
		55479.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Corporation&#148; means a corporation,
		association, company, joint-stock company or business trust.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Covenant Defeasance&#148; has the
		meaning specified in Section 14.03.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Defaulted Interest&#148; has the
		meaning specified in Section 3.07.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Defeasance&#148; has the meaning
		specified in Section 14.02.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Defeasible Series&#148; has the
		meaning specified in Section 14.01.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">3</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Depositary&#148; means, with respect
		to Securities of any series issuable in whole or in part in the form of one or
		more Global Securities, a clearing agency registered under the Exchange Act
		that is designated to act as Depositary for such Securities as contemplated by
		Section 3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Event of Default&#148; has the meaning
		specified in Section 5.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Exchange Act&#148; means the
		Securities Exchange Act of 1934, as amended from time to time, and any statute
		successor thereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;GAAP&#148; means generally accepted
		accounting principles in the United States set forth in the opinions and
		pronouncements of the Accounting Principles Board of the American Standards
		Board or in such other statements by such other entity as have been approved by
		a significant segment of the accounting profession.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Global Security&#148; means a Security
		that evidences all or part of the Securities of any series and is authenticated
		and delivered to, and registered in the name of, the Depositary for such
		Securities or a nominee thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Guarantee&#148; or
		&#147;guarantee&#148; by any Person means any obligation, contingent or
		otherwise, of such Person guaranteeing any Indebtedness of any other Person
		(the &#147;primary obligor&#148;) in any manner, whether directly or
		indirectly, and including, without limitation, any obligation of such Person,
		(i) to purchase or pay (or advance or supply funds for the purchase or payment
		of) such Indebtedness or to purchase (or to advance or supply funds for the
		purchase of) any security for the payment of such Indebtedness, (ii) to
		purchase property, securities or services for the purpose of assuring the
		holder of such Indebtedness of the payment of such Indebtedness, or (iii) to
		maintain working capital, equity capital or other financial statement condition
		or liquidity of the primary obligor so as to enable the primary obligor to pay
		such Indebtedness (and &#147;Guaranteed&#148;, &#147;Guaranteeing&#148; and
		&#147;Guarantor&#148; shall have meanings correlative to the foregoing);
		</FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		the Guarantee by any Person shall not include endorsements by such Person for
		collection or deposit, in either case, in the ordinary course of
		business.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Guarantor Senior Indebtedness&#148;
		has the meaning specified in Section 16.09.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Hedging Obligations&#148; means, with
		respect to any Person, the Obligations of such Person under interest rate swap
		agreements, interest rate cap agreements, and interest rate collar agreements,
		and other agreements or arrangements designed to protect such Person against
		fluctuations in interest rates.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Holder&#148; means a Person in whose
		name a Security is registered in the Security Register.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Indebtedness&#148; means, with respect
		to any Person, any indebtedness of such Person, whether or not contingent, in
		respect of borrowed money or evidenced by bonds, notes, debentures or similar
		instruments or letters of credit (or reimbursement agreements in respect
		thereof) or representing Capital Lease Obligations or the balance deferred and
		unpaid of the purchase price of any property or representing any Hedging
		Obligations except any such balance that constitutes an accrued expense or
		trade payable, and all deferrals, renewals, extensions and refundings of
		obligations of any of the foregoing, if and to the extent any of the
		foregoing</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">4</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">indebtedness (other than letters of credit
		and Hedging Obligations) would appear as a liability upon a balance sheet of
		such Person prepared in accordance with GAAP, and also includes, to the extent
		not otherwise included, the Guarantee of any indebtedness of such Person or any
		other Person.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Indenture&#148; means this instrument
		as originally executed or as it may from time to time be supplemented or
		amended by one or more indentures supplemental hereto entered into pursuant to
		the applicable provisions hereof, including, for all purposes of this
		instrument, and any such supplemental indenture, the provisions of the Trust
		Indenture Act that are deemed to be a part of and govern this instrument and
		any such supplemental indenture, respectively. The term &#147;Indenture&#148;
		shall also include the terms of particular series of Securities established as
		contemplated by Section 3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Interest&#148;, when used with respect
		to an Original Issue Discount Security which by its terms bears interest only
		after Maturity, means interest payable after Maturity.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Interest Payment Date&#148;, when used
		with respect to any Security, means the Stated Maturity of an installment of
		interest on such Security.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Lien&#148; means any mortgage, lien,
		pledge, charge, security interest, or other encumbrance of any kind, whether or
		not filed, recorded or otherwise perfected under applicable law.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Maturity&#148;, when used with respect
		to any Security, means the date on which the principal of such Security or an
		installment of principal becomes due and payable as therein or herein provided,
		whether at the Stated Maturity or by declaration of acceleration, call for
		redemption or otherwise.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Notice of Default&#148; means a
		written notice of the kind specified in Section 5.01(5).</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Obligations&#148; means any principal,
		premium, interest, penalties, fees, indemnifications, reimbursements, damages
		and other liabilities payable under the documentation governing any
		Indebtedness.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Officer&#146;s Certificate&#148; means
		a certificate signed by the Chairman of the Board, a Vice Chairman of the
		Board, the Chief Executive Officer, the President or a Vice President, the
		Chief Financial Officer, the Finance Director, the Treasurer or an Assistant
		Treasurer, of the Company or of a Subsidiary Guarantor, and delivered to the
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Opinion of Counsel&#148; means, as to
		the Company or a Subsidiary Guarantor, a written opinion of counsel, who may be
		counsel for the Company or such Subsidiary Guarantor, and who shall be
		acceptable to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Original Issue Discount Security&#148;
		means any Security which provides for an amount less than the principal amount
		thereof to be due and payable upon a declaration of acceleration of the
		Maturity thereof pursuant to Section 5.02.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Outstanding&#148;, when used with
		respect to Securities, means, as of the date of determination, all Securities
		theretofore authenticated and delivered under this Indenture, </FONT><U><FONT
		STYLE="font-size:10pt">except</FONT></U>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">5</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) Securities theretofore cancelled by the
		Trustee or delivered to the Trustee for cancellation;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) Securities for whose payment or
		redemption money in the necessary amount has been theretofore deposited with
		the Trustee or any Paying Agent (other than the Company or any Subsidiary
		Guarantor) in trust or set aside and segregated in trust by the Company or a
		Subsidiary Guarantor (if the Company or such Subsidiary Guarantor shall act as
		its own Paying Agent) for the Holders of such Securities; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that, if such Securities are to be redeemed, notice of
		such redemption has been duly given pursuant to this Indenture or provision
		therefor satisfactory to the Trustee has been made;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) Securities as to which Defeasance has
		been effected pursuant to Section 14.02; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) Securities which have been paid pursuant
		to Section 3.06 or in exchange for or in lieu of which other Securities have
		been authenticated and delivered pursuant to this Indenture, other than any
		such Securities in respect of which there shall have been presented to the
		Trustee proof satisfactory to it that such Securities are held by a bona fide
		purchaser in whose hands such Securities are valid obligations of the
		Company;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that in
		determining whether the Holders of the requisite principal amount of the
		Outstanding Securities have given any request, demand, authorization,
		direction, notice, consent or waiver hereunder, (A) the principal amount of an
		Original Issue Discount Security that shall be deemed to be Outstanding shall
		be the amount of the principal thereof that would be due and payable as of the
		date of such determination upon acceleration of the Maturity thereof to such
		date pursuant to Section 5.02, (B) the principal amount of a Security
		denominated in one or more foreign currencies or currency units shall be the
		U.S. dollar equivalent, determined in the manner provided as contemplated by
		Section 3.01 on the date of original issuance of such Security, of the
		principal amount (or, in the case of an Original Issue Discount Security, the
		U.S. dollar equivalent on the date of original issuance of such Security of the
		amount determined as provided in Clause (A) above) of such Security, and (C)
		Securities owned by the Company or any other obligor upon the Securities or any
		Affiliate of the Company or of such other obligor shall be disregarded and
		deemed not to be Outstanding, except that, in determining whether the Trustee
		shall be protected in relying upon any such request, demand, authorization,
		direction, notice, consent or waiver, only Securities which a Responsible
		Officer of the Trustee actually knows to be so owned shall be so disregarded.
		Securities so owned which have been pledged in good faith may be regarded as
		Outstanding if the pledgee establishes to the satisfaction of the Trustee the
		pledgee&#146;s right so to act with respect to such Securities and that the
		pledgee is not the Company or any other obligor upon the Securities or any
		Affiliate of the Company or of such other obligor.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Paying Agent&#148; means any Person
		authorized by the Company to pay the principal of or any premium or interest on
		any Securities on behalf of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Person&#148; means any individual,
		corporation, partnership, joint venture, limited liability company, joint stock
		company, trust, unincorporated organization or government or any agency or
		political subdivision thereof.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">6</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Place of Payment&#148;, when used with
		respect to the Securities of any series, means the place or places where the
		principal of and any premium and interest on the Securities of that series are
		payable, as specified pursuant to Section 3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Predecessor Security&#148; of any
		particular Security means every previous Security evidencing all or a portion
		of the same debt as that evidenced by such particular Security; and, for the
		purposes of this definition, any Security authenticated and delivered under
		Section 3.06 in exchange for or in lieu of a mutilated, destroyed, lost or
		stolen Security shall be deemed to evidence the same debt as the mutilated,
		destroyed, lost or stolen Security.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Prospectus&#148; means the Prospectus
		of the Company dated June </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, 2007 relating to the offering from time to time of the
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Redemption Date&#148;, when used with
		respect to any Security to be redeemed, means the date fixed for such
		redemption by or pursuant to this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Redemption Price&#148;, when used with
		respect to any Security to be redeemed, means the price at which it is to be
		redeemed pursuant to this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Regular Record Date&#148; for the
		interest payable on any Interest Payment Date on the Securities of any series
		means the date specified for that purpose as contemplated by
		Section&nbsp;3.01.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Responsible Officer&#148;, when used
		with respect to the Trustee, means any vice president, any assistant treasurer,
		any trust officer or assistant trust officer or any other officer of the
		Trustee customarily performing functions similar to those performed by any of
		the above designated officers and also means, with respect to a particular
		corporate trust matter, any other officer to whom such matter is referred
		because of his knowledge of and familiarity with the particular subject and who
		shall have direct responsibility for the administration of this
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Securities&#148; has the meaning
		stated in the first recital of this Indenture and more particularly means any
		Securities authenticated and delivered under this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Securities Act&#148; means the
		Securities Act of 1933, as amended, and the rules and regulations of the
		Securities and Exchange Commission promulgated thereunder.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Security Register&#148; and
		&#147;Security Registrar&#148; have the respective meanings specified in
		Section&nbsp;3.05.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Senior Indebtedness&#148; means the
		principal of (and premium, if any), accrued interest (including interest
		accruing on or after the filing in bankruptcy or reorganization relating to the
		Company or a Subsidiary Guarantor whether or not a claim for post-filing
		interest is allowed in such proceedings), fees, charges, expenses,
		reimbursement obligations, guarantees and other amounts owing with respect to
		all Indebtedness of the Company and the Subsidiary Guarantors (including
		Indebtedness of others guaranteed by the Company) other than the Securities and
		the Subsidiary Guarantees, in any such case whether outstanding on the date of
		this Indenture or the date Securities of any series are issued hereunder or
		thereafter created, incurred or assumed, </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">7</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">unless in any case in the instrument
		creating or evidencing any such Indebtedness or obligation or pursuant to which
		the same is outstanding it is provided that such Indebtedness or obligation is
		not superior in right of payment to the Securities and the Subsidiary
		Guarantees, or it is provided that such obligation is subordinated to senior
		indebtedness to substantially the same extent as the Securities and the
		Subsidiary Guarantees, are subordinated to Senior Indebtedness.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Significant Subsidiary&#148; means any
		Subsidiary that would be a &#147;significant subsidiary&#148; of the Company
		within the meaning of Rule 1-02 under Regulation S-X promulgated by the
		Commission.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Special Record Date&#148; for the
		payment of any Defaulted Interest means a date fixed by the Trustee pursuant to
		Section 3.07.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Stated Maturity&#148;, when used with
		respect to any Security or any installment of principal thereof or interest
		thereon, means the date specified in such Security as the fixed date on which
		the principal of such Security or such installment of principal or interest is
		due and payable.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Subsidiary&#148; means a corporation
		more than 50% of the outstanding voting stock of which is owned, directly or
		indirectly, by the Company or by one or more other Subsidiaries, or by the
		Company and one or more other Subsidiaries. For the purposes of this
		definition, &#147;voting stock&#148; means stock which ordinarily has voting
		power for the election of directors, whether at all times or only so long as no
		senior class of stock has such voting power by reason of any
		contingency.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Subsidiary Guarantees&#148; means,
		with respect to the Securities of any series, the guarantees with respect to
		the Securities of such Series by a Subsidiary Guarantor pursuant to Article XIV
		hereof or a supplemental indenture hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Subsidiary Guarantor&#148; means, with
		respect to the Securities of any series, any Subsidiary of the Company that
		provides a Subsidiary Guarantee with respect to the Securities of such series
		in this Indenture or pursuant to a supplemental indenture hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Trust Indenture Act&#148; means the
		Trust Indenture Act of 1939 as in force at the date as of which this instrument
		was executed; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that in
		the event the Trust Indenture Act of 1939 is amended after such date,
		&#147;Trust Indenture Act&#148; means, to the extent required by any such
		amendment, the Trust Indenture Act of 1939 as so amended.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Trustee&#148; means the Person named
		as the &#147;Trustee&#148; in the first paragraph of this instrument until a
		successor Trustee shall have become such pursuant to the applicable provisions
		of this Indenture, and thereafter &#147;Trustee&#148; shall mean or include
		each Person who is then a Trustee hereunder, and if at any time there is more
		than one such Person, &#147;Trustee&#148; as used with respect to the
		Securities of any series shall mean each Trustee with respect to Securities of
		that series.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;U.S. Government Obligations&#148; has
		the meaning specified in Section 14.04.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">8</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Vice President&#148;, when used with
		respect to the Company, a Subsidiary Guarantor or the Trustee, means any vice
		president, whether or not designated by a number or a word or words added
		before or after the title &#147;vice president&#148;.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523309"></A>Section 1.02
		</FONT><U><FONT STYLE="font-size:10pt">Compliance Certificates and
		Opinions</FONT></U><FONT STYLE="font-size:10pt">. Upon any application or
		request by the Company or by a Subsidiary Guarantor to the Trustee to take any
		action under any provision of this Indenture, the Company shall furnish to the
		Trustee such certificates and opinions as may be required under the Trust
		Indenture Act. Each such certificate or opinion shall be given in the form of
		an Officer&#146;s Certificate, if to be given by an officer of the Company, or
		an Opinion of Counsel, if to be given by counsel, and shall comply with the
		requirements of the Trust Indenture Act and any other requirements set forth in
		this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every certificate or opinion with respect to
		compliance with a condition or covenant provided for in this Indenture
		(including certificates provided for in Section 10.05) shall include</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) a statement that each individual signing
		such certificate or opinion has read such covenant or condition and the
		definitions herein relating thereto;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) a brief statement as to the nature and
		scope of the examination or investigation upon which the statements or opinions
		contained in such certificate or opinion are based;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) a statement that, in the opinion of each
		such individual, he has made such examination or investigation as is necessary
		to enable him to express an informed opinion as to whether or not such covenant
		or condition has been complied with; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) a statement as to whether, in the
		opinion of each such individual, such condition or covenant has been complied
		with.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523310"></A>Section 1.03
		</FONT><U><FONT STYLE="font-size:10pt">Form of Documents Delivered to
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. In any case where several
		matters are required to be certified by, or covered by an opinion of, any
		specified Person, it is not necessary that all such matters be certified by, or
		covered by the opinion of, only one such Person, or that they be so certified
		or covered by only one document, but one such Person may certify or give an
		opinion with respect to some matters and one or more other such Persons as to
		other matters, and any such Person may certify or give an opinion as to such
		matters in one or several documents.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any certificate or opinion of an officer of
		the Company may be based, insofar as it relates to legal matters, upon a
		certificate or opinion of, or representations by, counsel, unless such officer
		knows, or in the exercise of reasonable care should know, that the certificate
		or opinion or representations with respect to the matters upon which his
		certificate or opinion is based are erroneous. Any such certificate or opinion
		of counsel may be based, insofar as it relates to factual matters, upon a
		certificate or opinion of, or representations by, an officer or officers of the
		Company or any subsidiary of the Company stating that the information with
		respect to such factual matters is in the possession of the Company or any
		subsidiary of the Company, unless such counsel knows, or in the exercise of
		reasonable care should know, that the certificate or opinion or representations
		with respect to such matters are erroneous.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">9</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Where any Person is required to make, give
		or execute two or more applications, requests, consents, certificates,
		statements, opinions or other instruments under this Indenture, they may, but
		need not, be consolidated and form one instrument.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523311"></A>Section 1.04
		</FONT><U><FONT STYLE="font-size:10pt">No Adverse Interpretation of Other
		Agreements; Use of English Language</FONT></U><FONT STYLE="font-size:10pt">.
		This Indenture may not be used to interpret another indenture, loan or debt
		agreement of the Company or any Subsidiary of the Company. Any such indenture,
		loan or debt agreement may not be used to interpret this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Indenture has been executed in the
		English language. All certificates, reports, notices and other documents and
		communications given or delivered pursuant to this Agreement (including any
		modifications or supplements hereto) shall be in the English language, or
		accompanied by a certified English translation thereof. In connection with the
		registration of security documents outside of the United States of America, it
		may be necessary that this Indenture be translated into other languages;
		</FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that it is understood and agreed that the sole official
		version of this Indenture is the English language version executed by the
		parties hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 1.05 </FONT><U><FONT
		STYLE="font-size:10pt">Acts of Holders; Record Dates</FONT></U><FONT
		STYLE="font-size:10pt">. Any request, demand, authorization, direction, notice,
		consent, waiver or other action provided or permitted by this Indenture to be
		given or taken by Holders may be embodied in and evidenced by one or more
		instruments of substantially similar tenor signed by such Holders in person or
		by agent duly appointed in writing; and, except as herein otherwise expressly
		provided, such action shall become effective when such instrument or
		instruments are delivered to the Trustee and, where it is hereby expressly
		required, to the Company. Such instrument or instruments (and the action
		embodied therein and evidenced thereby) are herein sometimes referred to as the
		&#147;Act&#148; of the Holders signing such instrument or instruments. Proof of
		execution of any such instrument or of a writing appointing any such agent
		shall be sufficient for any purpose of this Indenture and (subject to Section
		6.01) conclusive in favor of the Trustee and the Company, if made in the manner
		provided in this Section.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The fact and date of the execution by any
		Person of any such instrument or writing may be proved by the affidavit of a
		witness of such execution or by a certificate of a notary public or other
		officer authorized by law to take acknowledgments of deeds, certifying that the
		individual signing such instrument or writing acknowledged to him the execution
		thereof. Where such execution is by a signer acting in a capacity other than
		his individual capacity, such certificate or affidavit shall also constitute
		sufficient proof of his authority. The fact and date of the execution of any
		such instrument or writing, or the authority of the Person executing the same,
		may also be proved in any other manner which the Trustee deems
		sufficient.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The ownership of Securities shall be proved
		by the Security Register.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any request, demand, authorization,
		direction, notice, consent, waiver or other Act of the Holder of any Security
		shall bind every future Holder of the same Security and the Holder of every
		Security issued upon the registration of transfer thereof or in exchange
		therefor or in lieu thereof in respect of anything done, omitted or suffered to
		be done by the Trustee or the Company in reliance thereon, whether or not
		notation of such action is made upon such Security.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">10</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may, in the circumstances
		permitted by the Trust Indenture Act, set any day as the record date for the
		purpose of determining the Holders of Outstanding Securities of any series
		entitled to give or take any request, demand, authorization, direction, notice,
		consent, waiver or other action provided or permitted by this Indenture to be
		given or taken by Holders of Securities of such series. With regard to any
		record date set pursuant to this paragraph, the Holders of Outstanding
		Securities of the relevant series on such record date (or their duly appointed
		agents), and only such Persons, shall be entitled to give or take the relevant
		action, whether or not such Holders remain Holders after such record date. With
		regard to any action that may be given or taken hereunder only by Holders of a
		requisite principal amount of Outstanding Securities of any series (or their
		duly appointed agents) and for which a record date is set pursuant to this
		paragraph, the Company may, at its option, set an expiration date after which
		no such action purported to be given or taken by any Holder shall be effective
		hereunder unless given or taken on or prior to such expiration date by Holders
		of the requisite principal amount of Outstanding Securities of such series on
		such record date (or their duly appointed agents). On or prior to any
		expiration date set pursuant to this paragraph, the Company may, on one or more
		occasions at its option, extend such date to any later date. Nothing in this
		paragraph shall prevent any Holder (or any duly appointed agent thereof) from
		giving or taking, after any such expiration date, any action identical to, or,
		at any time, contrary to or different from, the action or purported action to
		which such expiration date relates, in which event the Company may set a record
		date in respect thereof pursuant to this paragraph. Nothing in this paragraph
		shall be construed to render ineffective any action taken at any time by the
		Holders (or their duly appointed agents) of the requisite principal amount of
		Outstanding Securities of the relevant series on the date such action is so
		taken. Notwithstanding the foregoing or the Trust Indenture Act, the Company
		shall not set a record date for, and the provisions of this paragraph shall not
		apply with respect to, any notice, declaration or direction referred to in the
		next paragraph.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Trustee may set any day as a record date
		for the purpose of determining the Holders of Outstanding Securities of any
		series entitled to join in the giving or making of (i) any Notice of Default,
		(ii) any declaration of acceleration referred to in Section 5.02, if an Event
		of Default with respect to Securities of such series has occurred and is
		continuing and the Trustee shall not have given such a declaration to the
		Company, (iii) any request to institute proceedings referred to in Section
		5.07(2) or (iv) any direction referred to in Section 5.12, in each case with
		respect to Securities of such series. Promptly after any record date is set
		pursuant to this paragraph, the Trustee shall notify the Company and the
		Holders of Outstanding Series of such series of any such record date so fixed
		and the proposed action. The Holders of Outstanding Securities of such series
		on such record date (or their duly appointed agents), and only such Persons,
		shall be entitled to join in such notice, declaration or direction, whether or
		not such Holders remain Holders after such record date; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that,
		unless such notice, declaration or direction shall have become effective by
		virtue of Holders of the requisite principal amount of Outstanding Securities
		of such series on such record date (or their duly appointed agents) having
		joined therein on or prior to the 90th day after such record date, such notice,
		declaration or direction shall automatically and without any action by any
		Person be cancelled and of no further effect. Nothing in this paragraph shall
		be construed to prevent a Holder (or a duly appointed agent thereof) from
		giving, before or after the expiration of such 90-day period, a notice,
		declaration or direction contrary to or different from, or, after the
		expiration of such period, identical to, the notice, declaration or direction
		to which such record date relates, in which event a new record date in respect
		thereof shall be set pursuant to this paragraph. Nothing in this paragraph
		shall be</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">11</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt"> construed to render ineffective any notice,
		declaration or direction of the type referred to in this paragraph given at any
		time to the Trustee and the Company by Holders (or their duly appointed agents)
		of the requisite principal amount of Outstanding Securities of the relevant
		series on the date such notice, declaration or direction is so given.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Without limiting the foregoing, a Holder
		entitled hereunder to give or take any action hereunder with regard to any
		particular Security may do so with regard to all or any part of the principal
		amount of such Security or by one or more duly appointed agents each of which
		may do so pursuant to such appointment with regard to all or any different part
		of such principal amount.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523314"></A>Section 1.06
		</FONT><U><FONT STYLE="font-size:10pt">Notices, Etc., to Trustee, Company and
		Subsidiary Guarantors</FONT></U><FONT STYLE="font-size:10pt">. Any request,
		demand, authorization, direction, notice, consent, waiver or Act of Holders or
		other document provided or permitted by this Indenture to be made upon, given
		or furnished to, or filed with,</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Trustee by any Holder or by the
		Company or any Subsidiary Guarantor shall be sufficient for every purpose
		hereunder if made, given, furnished or filed in writing (which may be via
		facsimile) to or with the Trustee at its Corporate Trust Office, Attention:
		StealthGas Inc. Administrator, or</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Company or any Subsidiary Guarantor
		by the Trustee or by any Holder shall be sufficient for every purpose hereunder
		(unless otherwise herein expressly provided) if in writing and mailed,
		first-class postage prepaid, to the Company addressed to it at the address of
		its principal office specified in the first paragraph of this instrument or at
		any other address previously furnished in writing to the Trustee by the
		Company.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523315"></A>Section 1.07
		</FONT><U><FONT STYLE="font-size:10pt">Notice to Holders;
		Waiver</FONT></U><FONT STYLE="font-size:10pt">. Where this Indenture provides
		for notice to Holders of any event, such notice shall be sufficiently given
		(unless otherwise herein expressly provided) if in writing and delivered
		electronically or mailed, first-class postage prepaid, to each Holder affected
		by such event, at his address as it appears in the Security Register, not later
		than the latest date (if any), and not earlier than the earliest date (if any),
		prescribed for the giving of such notice. In any case where notice to Holders
		is given by mail, neither the failure to mail such notice, nor any defect in
		any notice so mailed, to any particular Holder shall affect the sufficiency of
		such notice with respect to other Holders. Where this Indenture provides for
		notice in any manner, such notice may be waived in writing by the Person
		entitled to receive such notice, either before or after the event, and such
		waiver shall be the equivalent of such notice. Waivers of notice by Holders
		shall be filed with the Trustee, but such filing shall not be a condition
		precedent to the validity of any action taken in reliance upon such
		waiver.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523316"></A>Section 1.08
		</FONT><U><FONT STYLE="font-size:10pt">Conflict with Trust Indenture
		Act</FONT></U><FONT STYLE="font-size:10pt">. If any provision hereof limits,
		qualifies or conflicts with a provision of the Trust Indenture Act that is
		required under such Act to be a part of and govern this Indenture, the latter
		provision shall control. If any provision of this Indenture modifies or
		excludes any provision of the Trust Indenture Act that may be so modified or
		excluded, the latter provision shall be deemed to apply to this Indenture as so
		modified or to be excluded, as the case may be. Wherever this Indenture refers
		to a provision of the Trust Indenture Act, such provision is incorporated by
		reference in and made a part of this Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">12</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The following Trust Indenture Act terms used
		in this Indenture have the following meanings:</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;commission&#148; means the United
		States Securities and Exchange Commission;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture securities&#148; means the
		Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture security holder&#148; means
		a Holder;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture to be qualified&#148; means
		this Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;indenture trustee&#148; or
		&#147;institutional trustee&#148; means the Trustee; and</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;obligor on the indenture
		securities&#148; means the Company, the Subsidiary Guarantors and any other
		obligor on the Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All other Trust Indenture Act terms used in
		this Indenture that are defined by the Trust Indenture Act, defined by the
		Trust Indenture Act referenced to another statute or defined by any Commission
		Rule and not otherwise defined herein have the meanings defined to them
		thereby. </FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523317"></A>Section 1.09
		</FONT><U><FONT STYLE="font-size:10pt">Effect of Headings and Table of
		Contents</FONT></U><FONT STYLE="font-size:10pt">. The Article and Section
		headings herein and the Table of Contents are for convenience only and shall
		not affect the construction hereof.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523318"></A>Section 1.10
		</FONT><U><FONT STYLE="font-size:10pt">Successors and Assigns</FONT></U><FONT
		STYLE="font-size:10pt">. All covenants and agreements in this Indenture by the
		Company or any Subsidiary Guarantor shall bind its respective successors and
		assigns, whether so expressed or not.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523319"></A>Section 1.11
		</FONT><U><FONT STYLE="font-size:10pt">Separability Clause</FONT></U><FONT
		STYLE="font-size:10pt">. In case any provision in this Indenture or in the
		Securities shall be invalid, illegal or unenforceable, the validity, legality
		and enforceability of the remaining provisions shall not in any way be affected
		or impaired thereby.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523320"></A>Section 1.12
		</FONT><U><FONT STYLE="font-size:10pt">Benefits of Indenture</FONT></U><FONT
		STYLE="font-size:10pt">. Nothing in this Indenture or in the Securities,
		express or implied, shall give to any Person, other than the parties hereto and
		their successors hereunder, the holders of Senior Indebtedness and the Holders,
		any benefit or any legal or equitable right, remedy or claim under this
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523321"></A>Section 1.13
		</FONT><U><FONT STYLE="font-size:10pt">Governing Law</FONT></U><FONT
		STYLE="font-size:10pt">. This Indenture, the Securities and the Subsidiary
		Guarantees shall be governed by and construed in accordance with the law of the
		State of New York, but without regard to principles of conflicts of
		laws.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523322"></A>Section 1.14
		</FONT><U><FONT STYLE="font-size:10pt">Legal Holidays</FONT></U><FONT
		STYLE="font-size:10pt">. In any case where any Interest Payment Date,
		Redemption Date or Stated Maturity of any Security or the last date on which a
		Holder has the right to convert his Securities shall not be a Business Day at
		any Place of Payment, then (notwithstanding any other provision of this
		Indenture or of the Securities (other than a provision of the Securities of any
		series which specifically states that such provision shall apply in lieu of
		this Section)) payment of interest or principal (and premium, if any) or
		conversion of the Securities need not be made at such Place of Payment on such
		date, but may be made on the next </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">13</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">succeeding Business Day at such Place of
		Payment with the same force and effect as if made on the Interest Payment Date
		or Redemption Date, or at the Stated Maturity, or on such last day for
		conversion, provided that no interest shall accrue for the intervening
		period.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523323"></A>Section 1.15
		</FONT><U><FONT STYLE="font-size:10pt">Consent to Service;
		Jurisdiction</FONT></U><FONT STYLE="font-size:10pt">. </FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) The Company, each Subsidiary Guarantor
		and the Trustee agree that any legal suit, action or proceeding arising out of
		or relating to this Indenture, and the Company and each Subsidiary Guarantor
		agree that any legal suit, action or proceeding arising out of or relating to
		the Securities, may be instituted in any federal or state court in the Borough
		of Manhattan, the City of New York. Each of the Company, each Subsidiary
		Guarantor and the Trustee waives any objection which it may now or hereafter
		have to the laying of the venue of any such legal suit, action or proceeding,
		waives any immunity from jurisdiction or to service of process in respect of
		any such suit, action or proceeding, and irrevocably submits to the exclusive
		jurisdiction of any such court in any such suit, action or proceeding.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) Each of the Company and each Subsidiary
		Guarantor hereby designates and appoints Puglisi &amp; Associates as its
		authorized agent upon which process may be served in any legal suit, action or
		proceeding arising out of or relating to this Indenture or the Securities which
		may be instituted in any federal or state court in the Borough of Manhattan,
		the City of New York, and agrees that service of process upon such agent, and
		written notice of said service to the Company and the Subsidiary Guarantors by
		the Person serving the same, shall be deemed in every respect effective service
		of process upon the Company and the Subsidiary Guarantors in any such suit,
		action or proceeding and further designates its domicile, the domicile of New
		York, New York specified above and any domicile it may have in the future as
		its domicile to receive any notice hereunder (including service of process).
		Service of process, to be effective upon the Trustee, must be served at the
		Trustee&#146;s Corporate Trust Office. If for any reason Puglisi &amp;
		Associates (or any successor agent for this purpose) shall cease to act as
		agent for service of process as provided above, the Company will promptly
		appoint a successor agent for this purpose reasonably acceptable to the
		Trustee. The Company and the Subsidiary Guarantors agree to take any and all
		actions necessary to maintain such designation and appointment of such agent in
		full force and effect.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523324"></A>ARTICLE
		II</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SECURITY AND SUBSIDIARY GUARANTEE
		FORMS</FONT></B>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523325"></A>Section 2.01
		</FONT><U><FONT STYLE="font-size:10pt">Forms Generally</FONT></U><FONT
		STYLE="font-size:10pt">. The Securities of each series and the Subsidiary
		Guarantees to be endorsed thereon shall be in substantially the form set forth
		in this Article, or in such other form as shall be established by or pursuant
		to a Board Resolution or in one or more indentures supplemental hereto, in each
		case with such appropriate insertions, omissions, substitutions and other
		variations as are required or permitted by this Indenture, and may have such
		letters, numbers or other marks of identification and such legends or
		endorsements placed thereon as may be required to comply with the rules of any
		securities exchange or as may, consistently herewith, be determined by the
		officers executing such Securities or Subsidiary Guarantees, as the case may
		be, as evidenced by their execution of the Securities. If the form of
		Securities of any series is established by action taken pursuant to a Board
		Resolution, a copy of </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">14</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">an appropriate record of such action shall
		be certified by the Secretary or an Assistant Secretary of the Company and
		delivered to the Trustee at or prior to the delivery of the Company Order
		contemplated by Section 3.03 for the authentication and delivery of such
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The definitive Securities and the Subsidiary
		Guarantees to be endorsed thereon shall be printed, lithographed or engraved on
		steel engraved borders or may be produced in any other manner, all as
		determined by the officers executing such Securities or Subsidiary Guarantees,
		as the case may be, as evidenced by their execution of such Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523326"></A>Section 2.02
		</FONT><U><FONT STYLE="font-size:10pt">Form of Face of Security</FONT></U><FONT
		STYLE="font-size:10pt">. [Insert any legend required by the Internal Revenue
		Code and the regulations thereunder.]</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:12pt;">
		<FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="47%" VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">No. </FONT><U><FONT
				  STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U>

				</P>
			 </TD>
			 <TD WIDTH="6%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="45%" VALIGN="bottom">
				<P ALIGN="right"
				 STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom:0in;">
				  <FONT STYLE="font-size:10pt">$ </FONT><U><FONT
				  STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U>

				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">StealthGas Inc., a Marshall Islands company
		(herein called the &#147;Company&#148;, which term includes any successor
		Person under the Indenture hereinafter referred to), for value received, hereby
		promises to pay to </FONT><U><FONT
		STYLE="font-size:10pt">&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;&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;&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;</FONT></U><FONT STYLE="font-size:10pt">, or registered
		assigns, the principal sum of </FONT><U><FONT
		STYLE="font-size:10pt">&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;&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;&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> Dollars on </FONT><U><FONT
		STYLE="font-size:10pt">&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;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> [ </FONT><U><FONT STYLE="font-size:10pt">if the
		Security is to bear interest prior to Maturity, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151;, and to pay interest thereon from
		</FONT><U><FONT
		STYLE="font-size:10pt">&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT STYLE="font-size:10pt"> or from the
		most recent Interest Payment Date to which interest has been paid or duly
		provided for, semi-annually on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> in each year, commencing </FONT><U><FONT
		STYLE="font-size:10pt">&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;</FONT></U><FONT
		STYLE="font-size:10pt">, at the rate of </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> per annum, until the principal hereof is paid or made
		available for payment [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151;, and at the rate of
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum on any overdue principal and premium and on
		any overdue installment of interest]. The interest so payable, and punctually
		paid or duly provided for, on any Interest Payment Date will, as provided in
		such Indenture, be paid to the Person in whose name this Security (or one or
		more Predecessor Securities) is registered at the close of business on the
		Regular Record Date for such interest, which shall be the </FONT><U><FONT STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> or </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> (whether or not a Business Day), as the case may be,
		next preceding such Interest Payment Date. Any such interest not so punctually
		paid or duly provided for will forthwith cease to be payable to the Holder on
		such Regular Record Date and may either be paid to the Person in whose name
		this Security (or one or more Predecessor Securities) is registered at the
		close of business on a Special Record Date for the payment of such Defaulted
		Interest to be fixed by the Trustee, notice whereof shall be given to Holders
		of Securities of this series not less than 10 days prior to such Special Record
		Date, or be paid at any time in any other lawful manner not inconsistent with
		the requirements of any securities exchange on which the Securities of this
		series may be listed, and upon such notice as may be required by such exchange,
		all as more fully provided in said Indenture].</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		the Security is not to bear interest prior to Maturity, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; The principal of this Security shall not bear
		interest except in the case of a default in payment of principal upon
		acceleration, upon redemption or at Stated Maturity, and in such case the
		overdue principal of this Security shall bear interest at the rate of
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum, which shall accrue from the date</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">15</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">of such default in payment to the date
		payment of such principal has been made or duly provided for. Interest on any
		overdue principal shall be payable on demand. Any such interest on any overdue
		principal that is not so paid on demand shall bear interest at the rate of
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % per annum which shall accrue from the date of such
		demand for payment to the date payment of such interest has been made or duly
		provided for, and such interest shall also be payable on demand.]</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Payment of the principal of (and premium, if
		any) and [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; any such] interest on
		this Security will be made at the office or agency of the Company maintained
		for that purpose at the Trustee&#146;s Corporate Trust Office, in such coin or
		currency of the United States of America as at the time of payment is legal
		tender for payment of public and private debts [ </FONT><U><FONT
		STYLE="font-size:10pt">if applicable, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; ; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that at the option of the Company payment of interest
		may be made by check mailed to the address of the Person entitled thereto as
		such address shall appear in the Security Register].</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Reference is hereby made to the further
		provisions of this Security set forth on the reverse hereof, which further
		provisions shall for all purposes have the same effect as if set forth at this
		place.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Unless the certificate of authentication
		hereon has been executed by the Trustee referred to on the reverse hereof by
		manual signature, this Security shall not be entitled to any benefit under the
		Indenture or be valid or obligatory for any purpose.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">IN WITNESS WHEREOF, the Company has caused
		this instrument to be duly executed under its corporate seal.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		Dated:
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			  STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		Attest:
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="43%"
		 STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="13%" VALIGN="top" STYLE="padding:8.0pt 0in 0in 0in;">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:8.0pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="86%" VALIGN="top" STYLE="padding:8.0pt 0in 0in 0in;">
				<P ALIGN="left"
				 STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0pt;margin-bottom:0pt;">
				  <FONT
					STYLE="font-size:10pt">________________________________</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523327"></A>Section 2.03
		</FONT><U><FONT STYLE="font-size:10pt">Form of Reverse of
		Security</FONT></U><FONT STYLE="font-size:10pt">. This Security is one of a
		duly authorized issue of securities of the Company (herein called the
		&#147;Securities&#148;), issued and to be issued in one or more series under an
		Indenture, dated as of </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, 2007 (herein called the &#147;Indenture&#148;), among
		the Company, the Subsidiary Guarantors named therein and Wells Fargo Bank,
		National Association, as Trustee (herein called the &#147;Trustee&#148;, which
		term includes any successor trustee under the Indenture), to which Indenture
		and all indentures supplemental </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">16</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">thereto reference is hereby made for a
		statement of the respective rights, limitations of rights, duties and
		immunities thereunder of the Company, the Subsidiary Guarantors, the Trustee,
		the holders of Senior Indebtedness and the Holders of the Securities and of the
		terms upon which the Securities and the Subsidiary Guarantees endorsed thereon
		are, and are to be, authenticated and delivered. This Security is one of the
		series designated on the face hereof [if</FONT><U><FONT STYLE="font-size:10pt">
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151;, limited in
		aggregate principal amount to $ </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> ].</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; Subject to
		and upon compliance with the provisions of the Indenture, the Holder of this
		Security is entitled, at his option, at any time on or before the close of
		business on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, or in case this Security or a portion hereof is called
		for redemption, then in respect of this Security or such portion hereof until
		and including, but (unless the Company defaults in making the payment due upon
		redemption) not after, the close of business on the 10th calendar day before
		the Redemption Date, to convert this Security (or any portion of the principal
		amount hereof which is $1,000 or an integral multiple thereof), at the
		principal amount hereof, or of such portion, into fully paid and non-assessable
		shares (calculated as to each conversion to the nearest 1/100 of a share) of
		Common Stock of the Company at a conversion price per share of Common Stock
		equal to $ </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> per each share of Common Stock (or at the current
		adjusted conversion price if an adjustment has been made as provided in the
		Indenture) by surrender of this Security, duly endorsed or assigned to the
		Company or in blank, to the Company at its office or agency in </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, accompanied by written notice to the Company that the
		Holder hereof elects to convert this Security, or if less than the entire
		principal amount hereof is to be converted, the portion hereof to be converted,
		and, in case such surrender shall be made during the period from the close of
		business on any Regular Record Date next preceding any Interest Payment Date to
		the opening of business on such Interest Payment Date (unless this Security or
		the portion thereof being converted has been called for redemption on a
		Redemption Date within such period), also accompanied by payment in funds
		acceptable to the Company of an amount equal to the interest payable on such
		Interest Payment Date on the principal amount of this Security then being
		converted. Subject to the aforesaid requirement for payment and, in the case of
		a conversion after the Regular Record Date next preceding any Interest Payment
		Date and on or before such Interest Payment Date, to the right of the Holder of
		this Security (or any Predecessor Security) of record at such Regular Record
		Date to receive an installment of interest (with certain exceptions provided in
		the Indenture), no payment or adjustment is to be made on conversion for
		interest accrued hereon or for dividends on the Common Stock issued on
		conversion. No fractions of shares or scrip representing fractions of shares
		will be issued on conversion, but instead of any fractional interest the
		Company shall pay a cash adjustment as provided in the Indenture. The
		conversion price is subject to adjustment as provided in the Indenture. In
		addition, the Indenture provides that in case of certain consolidations or
		mergers to which the Company is a party or the transfer of substantially all of
		the assets of the Company, the Indenture shall be amended, without the consent
		of any Holders of Securities, so that this Security, if then outstanding, will
		be convertible thereafter, during the period this Security shall be convertible
		as specified above, only into the kind and amount of securities, cash and other
		property receivable upon the consolidation, merger or transfer by a holder of
		the number of shares of Common Stock into which this Security might have been
		converted immediately prior to such consolidation, merger or transfer (assuming
		such holder of Common Stock failed to exercise any rights of election and
		received per share the kind and amount received per share by a plurality of
		non-electing shares).]</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">17</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> The Securities of
		this series are subject to redemption upon not less than 30 days&#146; notice
		delivered, [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; (1) on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> in any year commencing with the year 20 </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and ending with the year 20 </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> through operation of the sinking fund for this series
		at a Redemption Price equal to 100% of the principal amount, and (2)] at any
		time [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; on or after
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, 20 </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> ], as a whole or in part, at the election of the
		Company, at the following Redemption Prices (expressed as percentages of the
		principal amount): If redeemed [ </FONT><U><FONT STYLE="font-size:10pt">if
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; on or before
		</FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> %, and if redeemed] during the 12-month period
		beginning </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> of the years indicated,<A
		NAME="fis_unidentified_table_11"></A></FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="9%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Year</FONT></B>
				</P>
			 </TD>
			 <TD WIDTH="12%" VALIGN="bottom">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="20%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption</FONT></B>
				</P>
			 </TD>
			 <TD WIDTH="4%" VALIGN="bottom">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="24%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Year</FONT></B>
				</P>
			 </TD>
			 <TD WIDTH="3%" VALIGN="bottom">
				<P ALIGN="center"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="25%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption </FONT></B><BR>
				  <B><FONT STYLE="font-size:10pt">Price</FONT></B>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P>
		&nbsp;
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">and thereafter at a Redemption Price equal
		to </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % of the principal amount, together in the case of any
		such redemption [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; (whether through
		operation of the sinking fund or otherwise)] with accrued interest to the
		Redemption Date, but interest installments whose Stated Maturity is on or prior
		to such Redemption Date will be payable to the Holders of such Securities, or
		one or more Predecessor Securities, of record at the close of business on the
		relevant Record Dates referred to on the face hereof, all as provided in the
		Indenture.]</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; The
		Securities of this series are subject to redemption upon not less than 30
		days&#146; notice delivered, (1) on </FONT><U><FONT
		STYLE="font-size:10pt">&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></U><FONT
		STYLE="font-size:10pt"> in any year commencing with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and ending with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> through operation of the sinking fund for this series
		at the Redemption Prices for redemption through operation of the sinking fund
		(expressed as percentages of the principal amount) set forth in the table
		below, and (2) at any time [if applicable, insert &#151; on or after
		</FONT><U><FONT
		STYLE="font-size:10pt">&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></U><FONT
		STYLE="font-size:10pt"> ], as a whole or in part, at the election of the
		Company, at the Redemption Prices for redemption otherwise than through
		operation of the sinking fund (expressed as percentages of the principal
		amount) set forth in the table below: If redeemed during the 12-month period
		beginning </FONT><U><FONT
		STYLE="font-size:10pt">&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></U><FONT
		STYLE="font-size:10pt"> of the years indicated,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt"><A
				  NAME="fis_unidentified_table_12"></A>Year</FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption Price</FONT></B><BR>
				  <B><FONT STYLE="font-size:8pt">for Redemption</FONT></B><BR> <B><FONT
				  STYLE="font-size:8pt">Through Operation</FONT></B><BR> <B><FONT
				  STYLE="font-size:8pt">of the Sinking Fund</FONT></B>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom" STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="center"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-bottom:0pt;">
				  <B><FONT STYLE="font-size:8pt">Redemption Price
				  for</FONT></B><BR> <B><FONT STYLE="font-size:8pt">Redemption
				  Otherwise</FONT></B><BR> <B><FONT STYLE="font-size:8pt">Than Through
				  Operation</FONT></B><BR> <B><FONT STYLE="font-size:8pt">of the Sinking
				  Fund</FONT></B>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P>
		&nbsp;
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">and thereafter at a Redemption Price equal
		to </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> % of the principal amount, together in the case of any
		such redemption (whether through operation of the sinking fund or otherwise)
		with accrued interest to the Redemption Date, but interest installments whose
		Stated Maturity is on or prior to such Redemption Date will be payable to the
		Holders of such Securities, or one or more Predecessor Securities, of record at
		the close of business on the relevant Record Dates referred to on the face
		hereof, all as provided in the Indenture.]</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151;
		Notwithstanding the foregoing, the Company may not, prior to </FONT><U><FONT
		STYLE="font-size:10pt">&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></U><FONT
		STYLE="font-size:10pt">, redeem any Securities of this series as contemplated
		by [ </FONT><U><FONT STYLE="font-size:10pt">if applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; Clause (2) of] the
		preceding paragraph as a part of, or in anticipation of, any refunding
		operation by the application, directly or indirectly, of moneys borrowed having
		an interest cost to the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">18</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="751"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="486" VALIGN="top" STYLE="padding:8.0pt 0in 0in 0in;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Company (calculated in accordance
				  with generally accepted financial practice) of less than </FONT>
				</P>
			 </TD>
			 <TD WIDTH="265" VALIGN="top" STYLE="padding:8.0pt 0in 0in 0in;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">_______________________ % per
				  annum.]</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; The sinking
		fund for this series provides for the redemption on </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> in each year beginning with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> and ending with the year </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> of [ </FONT><U><FONT STYLE="font-size:10pt">if
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; not less than
		$ </FONT><U><FONT
		STYLE="font-size:10pt">&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></U><FONT
		STYLE="font-size:10pt"> (&#147;mandatory sinking fund&#148;) and not more than]
		$ </FONT><U><FONT
		STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></U><FONT
		STYLE="font-size:10pt"> aggregate principal amount of Securities of this
		series. Securities of this series acquired or redeemed by the Company otherwise
		than through [if</FONT><U><FONT STYLE="font-size:10pt"> applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; mandatory] sinking fund
		payments [if</FONT><U><FONT STYLE="font-size:10pt"> applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; and Securities
		surrendered for conversion] may be credited against subsequent
		[if</FONT><U><FONT STYLE="font-size:10pt"> applicable, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; mandatory] sinking fund payments otherwise
		required to be made [if</FONT><U><FONT STYLE="font-size:10pt"> applicable,
		insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; in the inverse order in
		which they become due.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		the Security is subject to redemption of any kind, insert</FONT></U><FONT STYLE="font-size:10pt">
		&#151; In the event of redemption or conversion of this Security in part only,
		a new Security or Securities of this series and of like tenor for the
		unredeemed or unconverted portion hereof will be issued in the name of the
		Holder hereof upon the cancellation hereof.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The indebtedness evidenced by this Security
		is, to the extent provided in the Indenture, subordinate and subject in right
		of payment to the prior payment in full of all Senior Indebtedness, and this
		Security is issued subject to the provisions of the Indenture with respect
		thereto. Each Holder of this Security, by accepting the same, (a) agrees to and
		shall be bound by such provisions, (b) authorizes and directs the Trustee on
		his behalf to take action as may be necessary or appropriate to effectuate the
		subordination so provided and (c) appoints the Trustee his attorney-in-fact for
		any and all such purposes.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">As provided in the Indenture and subject to
		certain limitations therein set forth, the obligations of the Company under the
		Indenture and this Security are Guaranteed on a subordinated basis pursuant to
		Subsidiary Guarantees endorsed hereon. The Indenture provides that a Subsidiary
		Guarantor shall be released from its Subsidiary Guarantee upon compliance with
		certain conditions.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		applicable, insert</FONT></U><FONT STYLE="font-size:10pt"> &#151; The Indenture
		contains provisions for defeasance at any time of [(1) the entire indebtedness
		of this Security or (2)] certain restrictive covenants and Events of Default
		with respect to this Security, in each case upon compliance with certain
		conditions set forth in the Indenture.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		the Security is not an Original Issue Discount Security, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; If an Event of Default with respect to
		Securities of this series shall occur and be continuing, the principal of the
		Securities of this series may be declared due and payable in the manner and
		with the effect provided in the Indenture.]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[</FONT><U><FONT STYLE="font-size:10pt">If
		the Security is an Original Issue Discount Security, insert</FONT></U><FONT
		STYLE="font-size:10pt"> &#151; If an Event of Default with respect to
		Securities of this series shall occur and be continuing, an amount of principal
		of the Securities of this series may be declared due and payable in the manner
		and with the effect provided in the Indenture. Such amount shall be equal to
		insert &#151; </FONT><U><FONT STYLE="font-size:10pt">formula for determining
		the amount</FONT></U><FONT STYLE="font-size:10pt">.] Upon payment (i) of the
		amount of principal so declared due and payable and (ii) of </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">19</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">interest on any overdue principal and
		overdue interest all of the Company&#146;s obligations in respect of the
		payment of the principal of and interest, if any, on the Securities of this
		series shall terminate.]</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Indenture permits, with certain
		exceptions as therein provided, the amendment thereof and the modification of
		the rights and obligations of the Company and the Subsidiary Guarantors and the
		rights of the Holders of the Securities of each series to be affected under the
		Indenture at any time by the Company, the Subsidiary Guarantors and the Trustee
		with the consent of the Holders of a majority in principal amount of the
		Securities at the time Outstanding of each series to be affected. The Indenture
		also contains provisions permitting the Holders of specified percentages in
		principal amount of the Securities of each series at the time Outstanding, on
		behalf of the Holders of all Securities of such series, to waive compliance by
		the Company or the Subsidiary Guarantors with certain provisions of the
		Indenture and certain past defaults under the Indenture and their consequences.
		Any such consent or waiver by the Holder of this Security shall be conclusive
		and binding upon such Holder and upon all future Holders of this Security and
		of any Security issued upon the registration of transfer hereof or in exchange
		herefor or in lieu hereof, whether or not notation of such consent or waiver is
		made upon this Security.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">As provided in and subject to the provisions
		of the Indenture, the Holder of this Security shall not have the right to
		institute any proceeding with respect to the Indenture or for the appointment
		of a receiver or trustee or for any other remedy thereunder, unless such Holder
		shall have previously given the Trustee written notice of a continuing Event of
		Default with respect to the Securities of this series, the Holders of not less
		than 25% in principal amount of the Securities of this series at the time
		Outstanding shall have made written request to the Trustee to institute
		proceedings in respect of such Event of Default as Trustee and offered the
		Trustee reasonable indemnity, and the Trustee shall not have received from the
		Holders of a majority in principal amount of Securities of this series at the
		time Outstanding a direction inconsistent with such request, and shall have
		failed to institute any such proceeding, for 60 days after receipt of such
		notice, request and offer of indemnity. The foregoing shall not apply to any
		suit instituted by the Holder of this Security for the enforcement of any
		payment of principal hereof or any premium or interest hereon on or after the
		respective due dates expressed herein.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to the rights of holders of Senior
		Indebtedness, as set forth in the Indenture, no other reference herein to the
		Indenture and no other provision of this Security or of the Indenture shall
		alter or impair the obligation of the Company, which is absolute and
		unconditional, to pay the principal of (and premium, if any) and interest on
		this Security at the times, place and rate, and in the coin or currency, herein
		prescribed or to convert this Security as provided in the Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">As provided in the Indenture and subject to
		certain limitations therein set forth, the transfer of this Security is
		registerable in the Security Register, upon surrender of this Security for
		registration of transfer at the office or agency of the Company in any place
		where the principal of and any premium and interest on this Security are
		payable, duly endorsed by, or accompanied by a written instrument of transfer
		in form satisfactory to the Company and the Security Registrar duly executed
		by, the Holder hereof or his attorney duly authorized in writing, and thereupon
		one or more new Securities of this series and of like tenor, of authorized
		</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">20</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">denominations and for the same aggregate
		principal amount, will be issued to the designated transferee or
		transferees.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Securities of this series are issuable
		only in registered form without coupons in denominations of $1,000 and any
		integral multiple thereof. As provided in the Indenture and subject to certain
		limitations therein set forth, Securities of this series are exchangeable for a
		like aggregate principal amount of Securities of this series and of like tenor
		of a different authorized denomination, as requested by the Holder surrendering
		the same.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No service charge shall be made for any such
		registration of transfer or exchange, but the Company or the Security Registrar
		may require payment of a sum sufficient to cover any tax or other governmental
		charge payable in connection therewith.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Prior to due presentment of this Security
		for registration of transfer, the Company, the Subsidiary Guarantors, the
		Trustee and any agent of the Company, the Subsidiary Guarantors or the Trustee
		may treat the Person in whose name this Security is registered as the owner
		hereof for all purposes, whether or not this Security be overdue, and neither
		the Company, the Subsidiary Guarantors, the Trustee nor any such agent shall be
		affected by notice to the contrary.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All terms used in this Security which are
		defined in the Indenture shall have the meanings assigned to them in the
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	  STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">[If applicable, insert &#151;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">[FORM OF CONVERSION NOTICE]</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">To: STEALTHGAS INC.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The undersigned owner of this Security
		hereby irrevocably exercises the option to convert this Security, or portion
		hereof (which is $1,000 or an integral multiple thereof) below designated, into
		shares of Common Stock of StealthGas Inc., in accordance with the terms of the
		Indenture referred to in this Security, and directs that the shares issuable
		and deliverable upon the conversion, together with any check in payment for
		fractional shares and any Securities, representing any unconverted principal
		amount hereof, be issued and delivered to the registered holder hereof unless a
		different name has been indicated below. If shares are to be issued in the name
		of a person other than the undersigned, the undersigned will pay all transfer
		taxes payable with respect thereto. Any amount required to be paid by the
		undersigned on account of interest accompanies this Security.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Dated:</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">21</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
<!-- EEDocs PBEnd-->
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="50%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;Fill in for registration
				  of</FONT><BR> <FONT STYLE="font-size:10pt">shares of Common Stock
				  and</FONT><BR> <FONT STYLE="font-size:10pt">Securities if to be
				  issued</FONT><BR> <FONT STYLE="font-size:10pt">otherwise than to the</FONT><BR>
				  <FONT STYLE="font-size:10pt">registered holder.</FONT>
				</P>
			 </TD>
			 <TD WIDTH="3%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD WIDTH="45%" VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Principal Amount to be</FONT><BR>
				  <FONT STYLE="font-size:10pt">converted (in an integral</FONT><BR>
				  <FONT STYLE="font-size:10pt">multiple of $1,000, if</FONT><BR>
				  <FONT STYLE="font-size:10pt">less than all):</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT
				  STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;__________________________________________</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="center"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">$</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT
				  STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;__________________________________________</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Address</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:8.65pt;text-indent:-8.65pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT
				  STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;__________________________________________</FONT>

				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"> </FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="right"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:2pt;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT><BR>
				  <FONT
				  STYLE="font-size:10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;_____________________________________</FONT>

				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="98%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD WIDTH="47%" VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">(Please print name and</FONT>
				  <FONT STYLE="font-size:10pt">address, including zip code</FONT>
				  <FONT STYLE="font-size:10pt">number)</FONT>
				</P>
			 </TD>
			 <TD WIDTH="6%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="45%" VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">Signature</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD>
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:8.0pt;margin-bottom:0pt;line-height:129.6%;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:8.0pt;margin-bottom:0pt;line-height:129.6%;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="FONT-SIZE:10PT">SOCIAL SECURITY OR OTHER</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:0pt;margin-bottom: 0in;">
				  <FONT STYLE="FONT-SIZE:10PT">TAXPAYER IDENTIFYING</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:0pt;margin-bottom: 0in;">
				  <FONT STYLE="FONT-SIZE:10PT">NUMBER</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0in;margin-right:.8pt;text-indent:0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:8.0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">[SIGNATURE GUARANTEED
				  &#151;&nbsp;&nbsp;</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:20.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">required only if</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:20.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">Common Stock and Securities are to
				  be</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:20.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">issued and delivered to other than
				  registered</FONT>
				</P>
				<P ALIGN="left"
				STYLE=" margin-left:20.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:0pt;margin-bottom: 0in;">
				  <FONT STYLE="font-size:10pt">holder]</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-left:10.0pt;margin-right:.8pt;text-indent:-10.0pt;margin-top:0pt;margin-bottom: 0in;">
		<FONT
		STYLE="FONT-SIZE:10PT">[&nbsp;_________________________________&nbsp;]</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523328"></A>Section 2.04
		</FONT><U><FONT STYLE="font-size:10pt">Form of Legend for Global
		Securities</FONT></U><FONT STYLE="font-size:10pt">. Unless otherwise specified
		as contemplated by Section 3.01 for the Securities evidenced thereby, every
		Global Security authenticated and delivered hereunder shall bear a legend in
		substantially the following form:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Security is a Global Security within
		the meaning of the Indenture hereinafter referred to and is registered in the
		name of a Depositary or a nominee thereof. This Security may not be transferred
		to, or registered or exchanged for Securities registered in the name of, any
		Person other than the Depositary or a nominee thereof and no such transfer may
		be registered, except in the limited circumstances described in the Indenture.
		Every Security authenticated and delivered upon registration of transfer of, or
		in exchange for or in lieu of, this Security shall be a Global Security subject
		to the foregoing, except in such limited circumstances.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523329"></A>Section 2.05
		</FONT><U><FONT STYLE="font-size:10pt">Form of Trustee&#146;s Certificate of
		Authentication</FONT></U><FONT STYLE="font-size:10pt">. The Trustee&#146;s
		certificates of authentication shall be in substantially the following
		form:</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">22</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
<!-- EEDocs PBStart--><HR NOSHADE="NOSHADE" ALIGN="center" WIDTH="100%"
	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This is one of the Securities of the series
		designated herein with the Subsidiary Guarantees endorsed hereon and referred
		to in the within-mentioned Indenture.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">WELLS FARGO BANK, NATIONAL
				  ASSOCIATION,</FONT><BR> <FONT STYLE="font-size:10pt">as Trustee</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Authorized Signatory</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Dated:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523330"></A>Section 2.06
		</FONT><U><FONT STYLE="font-size:10pt">Form of Guarantee</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="FONT-SIZE:10PT">GUARANTEE</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For value received, each of the Subsidiary
		Guarantors listed below hereby jointly and severally unconditionally guarantees
		to the Holder of the Security upon which this Guarantee is endorsed, and to the
		Trustee on behalf of such Holder, the due and punctual payment of the principal
		of (and premium, if any) and interest on such Security when and as the same
		shall become due and payable, whether at the Stated Maturity, by acceleration,
		call for redemption, purchase or otherwise, according to the terms thereof and
		of the Indenture referred to therein. In case of the failure of the Company
		punctually to make any such payment, each of the Subsidiary Guarantors hereby
		jointly and severally agrees to cause such payment to be made punctually when
		and as the same shall become due and payable, whether at the Stated Maturity or
		by acceleration, call for redemption, purchase or otherwise, and as if such
		payment were made by the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each of the Subsidiary Guarantors hereby
		jointly and severally agrees that its obligations hereunder shall be
		unconditional, irrespective of the validity, regularity or enforceability of
		such Security or the Indenture, the absence of any action to enforce the same
		or any release or amendment or waiver of any term of any other Guarantee of, or
		any consent to departure from any requirement of any other Guarantee of all or
		of any of the Securities, the election by the Trustee or any of the Holders in
		any proceeding under Chapter 11 of the Bankruptcy Code of the application of
		Section 1111(b)(2) of the Bankruptcy Code, any borrowing or grant of a security
		interest by the Company, as debtor-in-possession, under Section 364 of the
		Bankruptcy Code, the disallowance, under Section 502 of the Bankruptcy Code, of
		all or any portion of the claims of the Trustee or any of the Holders for
		payment of any of the Securities, any waiver or consent by the Holder of such
		Security or by the Trustee or either of them with respect to any provisions
		thereof or of the Indenture, the obtaining of any judgment against the Company
		or any action to enforce the same or any other circumstances which might
		otherwise constitute a legal or equitable discharge or defense of a guarantor.
		Each of the Subsidiary Guarantors hereby waives the benefits of diligence,
		presentment, demand of payment, any requirement that the Trustee or any of the
		Holders exhaust any right or take any action against the Company or any other
		Person,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">23</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">filing of claims with a court in the event
		of insolvency or bankruptcy of the Company, any right to require a proceeding
		first against the Company, protest or notice with respect to such Security or
		the Indebtedness evidenced thereby and all demands whatsoever, and covenants
		that this Subsidiary Guarantee will not be discharged except by complete
		performance of the obligations contained in such Security and in this
		Subsidiary Guarantee. Each of the Subsidiary Guarantors hereby agrees that, in
		the event of a default in payment of principal (or premium, if any) or interest
		on such Security, whether at the Stated Maturity, by acceleration, call for
		redemption, purchase or otherwise, legal proceedings may be instituted by the
		Trustee on behalf of, or by, the Holder of such Security, subject to the terms
		and conditions set forth in the Indenture, directly against each of the
		Subsidiary Guarantors to enforce this Subsidiary Guarantee without first
		proceeding against the Company. Each Subsidiary Guarantor agrees that if, after
		the occurrence and during the continuance of an Event of Default, the Trustee
		or any of the Holders are prevented by applicable law from exercising their
		respective rights to accelerate the maturity of the Securities, to collect
		interest on the Securities, or to enforce or exercise any other right or remedy
		with respect to the Securities, such Subsidiary Guarantor agrees to pay to the
		Trustee for the account of the Holders, upon demand therefor, the amount that
		would otherwise have been due and payable had such rights and remedies been
		permitted to be exercised by the Trustee or any of the Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The indebtedness of each Subsidiary
		Guarantor evidenced by this Subsidiary Guarantee is, to the extent provided in
		the Indenture, subordinate and subject in right of payment to the prior payment
		in full of all Senior Indebtedness of such Subsidiary Guarantor, and this
		Subsidiary Guarantee is issued subject to the provisions of the Indenture with
		respect thereto. Each Holder of this Security, by accepting the same, (a)
		agrees to and shall be bound by such provisions, (b) authorizes and directs the
		Trustee on his behalf to take such action as may be necessary or appropriate to
		effectuate the subordination so provided and (c) appoints the Trustee his
		attorney-in-fact for any and all such purposes.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No reference herein to the Indenture and no
		provision of this Subsidiary Guarantee or of the Indenture shall alter or
		impair the Subsidiary Guarantee of any Subsidiary Guarantor, which is absolute
		and unconditional, of the due and punctual payment of the principal (and
		premium, if any) and interest on the Security upon which this Subsidiary
		Guarantee is endorsed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Subsidiary Guarantor shall be
		subrogated to all rights of the Holder of this Security against the Company in
		respect of any amounts paid by such Subsidiary Guarantor on account of this
		Security pursuant to the provisions of its Subsidiary Guarantee or the
		Indenture; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		such Subsidiary Guarantor shall not be entitled to enforce or to receive any
		payments arising out of, or based upon, such right of subrogation until the
		principal of (and premium, if any) and interest on this Security and all other
		Securities issued under the Indenture shall have been paid in full.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Subsidiary Guarantee shall remain in
		full force and effect and continue to be effective should any petition be filed
		by or against the Company for liquidation or reorganization, should the Company
		become insolvent or make an assignment for the benefit of creditors or should a
		receiver or trustee be appointed for all or any significant part of the
		Company&#146;s assets, and shall, to the fullest extent permitted by law,
		continue to be effective or be reinstated, as the case may be, if at any time
		payment and performance of the Securities is,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">24</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">pursuant to applicable law, rescinded or
		reduced in amount, or must otherwise be restored or returned by any obligee on
		the Securities whether as a &#147;voidable preference,&#148; &#147;fraudulent
		transfer,&#148; or otherwise, all as though such payment or performance had not
		been made. In the event that any payment, or any part thereof, is rescinded,
		reduced, restored or returned, the Securities shall, to the fullest extent
		permitted by law, be reinstated and deemed reduced only by such amount paid and
		not so rescinded, reduced, restored or returned.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantors shall have the
		right to seek contribution from any non-paying Subsidiary Guarantor so long as
		the exercise of such right does not impair the rights of the Holders under this
		Subsidiary Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantors or any particular
		Subsidiary Guarantor shall be released from this Subsidiary Guarantee upon the
		terms and subject to certain conditions provided in the Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">By delivery of a Supplemental Indenture to
		the Trustee in accordance with the terms of the Indenture, each Person that
		becomes a Subsidiary Guarantor after the date of the Indenture will be deemed
		to have executed and delivered this Guarantee for the benefit of the Holder of
		this Security with the same effect as if such Subsidiary Guarantor was named
		below.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All terms used in this Subsidiary Guarantee
		which are defined in the Indenture referred to in the Security upon which this
		Subsidiary Guarantee is endorsed shall have the meanings assigned to them in
		such Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This Subsidiary Guarantee shall not be valid
		or obligatory for any purpose until the certificate of authentication on the
		Security upon which this Subsidiary Guarantee is endorsed shall have been
		executed by the Trustee under the Indenture by manual signature.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Reference is made to Article XIV and Article
		XVI of the Indenture for further provisions with respect to this Subsidiary
		Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="FONT-SIZE:10PT">THIS SUBSIDIARY GUARANTEE SHALL BE GOVERNED
		BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">IN WITNESS WHEREOF, each of the Subsidiary
		Guarantors has caused this Subsidiary Guarantee to be duly executed.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">[Insert Subsidiary Guarantors, as
				  applicable]</FONT><BR> <FONT STYLE="font-size:10pt">Each as Subsidiary
				  Guarantor</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Authorized Signatory</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A
		NAME="TOC169523331"></A></FONT></B><FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">25</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">ARTICLE III</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">THE SECURITIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523332"></A>Section 3.01
		Amount Unlimited; Issuable in Series. The aggregate principal amount of
		Securities which may be authenticated and delivered under this Indenture is
		unlimited.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Securities may be issued in one or more
		series. There shall be established in or pursuant to a Board Resolution and,
		subject to Section 3.03, set forth, or determined in the manner provided, in an
		Officer&#146;s Certificate, or established in one or more indentures
		supplemental hereto, prior to the issuance of Securities of any series,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the title of the Securities of the
		series, including CUSIP Numbers (which shall distinguish the Securities of the
		series from Securities of any other series);</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) any limit upon the aggregate principal
		amount of the Securities of the series which may be authenticated and delivered
		under this Indenture (except for Securities authenticated and delivered upon
		registration of transfer of, or in exchange for, or in lieu of, other
		Securities of the series pursuant to Section 3.04, 3.05, 3.06, or 9.06 and
		except for any Securities which, pursuant to Section 3.03, are deemed never to
		have been authenticated and delivered hereunder);</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) the Person to whom any interest on a
		Security of the series shall be payable, if other than the Person in whose name
		that Security (or one or more Predecessor Securities) is registered at the
		close of business on the Regular Record Date for such interest;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the date or dates on which the principal
		of the Securities of the series is payable;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) the rate or rates at which the
		Securities of the series shall bear interest, if any, the date or dates from
		which such interest shall accrue, the Interest Payment Dates on which any such
		interest shall be payable and the Regular Record Date for any interest payable
		on any Interest Payment Date;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) the place or places where the principal
		of and any premium and interest on Securities of the series shall be
		payable;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) the period or periods within which, the
		price or prices at which and the terms and conditions upon which Securities of
		the series may be redeemed, in whole or in part, at the option of the
		Company;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) the obligation, if any, of the Company
		to redeem or purchase Securities of the series pursuant to any sinking fund or
		analogous provisions or at the option of a Holder thereof and the period or
		periods within which, the price or prices at which and the terms and conditions
		upon which Securities of the series shall be redeemed or purchased, in whole or
		in part, pursuant to such obligation;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">26</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(9) if other than denominations of $1,000
		and any integral multiple thereof, the denominations in which Securities of the
		series shall be issuable;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(10) the currency, currencies or currency
		units in which payment of the principal of and any premium and interest on any
		Securities of the series shall be payable if other than the currency of the
		United States of America and the manner of determining the equivalent thereof
		in the currency of the United States of America for purposes of the definition
		of &#147;Outstanding&#148; in Section 1.01;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(11) if the amount of payments of principal
		of or any premium or interest on any Securities of the series may be determined
		with reference to an index, the manner in which such amounts shall be
		determined;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(12) if the principal of or any premium or
		interest on any Securities of the series is to be payable, at the election of
		the Company or a Holder thereof, in one or more currencies or currency units
		other than that or those in which the Securities are stated to be payable, the
		currency, currencies or currency units in which payment of the principal of and
		any premium and interest on Securities of such series as to which such election
		is made shall be payable, and the periods within which and the terms and
		conditions upon which such election is to be made;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(13) if other than the principal amount
		thereof, the portion of the principal amount of Securities of the series which
		shall be payable upon declaration of acceleration of the Maturity thereof
		pursuant to Section 5.02;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(14) the applicability, nonapplicability, or
		variation, of Article XIV with respect to the Securities of such Series;</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(15) if applicable, that the Securities of
		the series shall be subject to either or both of Defeasance or Covenant
		Defeasance as provided in Article XIII; provided that no series of Securities
		that is convertible into Common Stock as provided in Article XV or convertible
		into or exchangeable for any other securities pursuant to Section 3.01(18)
		shall be subject to Defeasance pursuant to Section 13.02;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(16) if and as applicable, that the
		Securities of the series shall be issuable in whole or in part in the form of
		one or more Global Securities and, in such case, the Depositary or Depositaries
		for such Global Security or Global Securities and any circumstances other than
		those set forth in Section 3.05 in which any such Global Security may be
		transferred to, and registered and exchanged for Securities registered in the
		name of, a Person other than the Depositary for such Global Security or a
		nominee thereof and in which any such transfer may be registered;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(17) the terms and conditions, if any,
		pursuant to which the Securities are convertible into Common Stock of the
		Company pursuant to Article XV, and any variation thereof;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(18) the terms and conditions, if any,
		pursuant to which the Securities are convertible into or exchangeable for any
		other securities;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">27</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(19) any addition to or change in the Events
		of Default set forth in Section 5.01 and the covenants set forth in Article X
		which applies to Securities of the series;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(20) any requirements for Subsidiary
		Guarantees by any Subsidiary Guarantors; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(21) any other terms of the series (which
		terms shall not be inconsistent with the provisions of this Indenture, except
		as permitted by Section 9.01(5)).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All Securities of any one series shall be
		substantially identical except as to denomination and except as may otherwise
		be provided in or pursuant to the Board Resolution referred to above and
		(subject to Section 3.03) set forth, or determined in the manner provided, in
		the Officer&#146;s Certificate referred to above or in any such indenture
		supplemental hereto.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any of the terms of the series are
		established by action taken pursuant to a Board Resolution, a copy of an
		appropriate record of such action shall be certified by the Secretary or an
		Assistant Secretary of the Company and delivered to the Trustee at or prior to
		the delivery of the Officer&#146;s Certificate setting forth the terms of the
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may, from time to time, by
		adoption of a Board Resolution and subject to compliance with any other
		applicable provisions of this Indenture, without the consent of the Holders,
		create and issue pursuant to this Indenture additional securities of any series
		of Securities (&#147;Add On Securities&#148;) having terms and conditions
		identical to those of such series of Outstanding Securities, except that such
		Add On Securities:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(i) may have a different issue date from
		such series of Outstanding Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(ii) may have a different amount of interest
		payable on the first Interest Payment Date after issuance than is payable on
		such series of Outstanding Securities; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(iii) may have terms specified in such Board
		Resolution for such Add On Securities making appropriate adjustments to this
		Article III applicable to such Add On Securities in order to conform to and
		ensure compliance with the Securities Act (or applicable securities laws) which
		are not adverse in any material respect to the Holder of any Outstanding
		Securities (other than such Add On Securities) and which shall not affect the
		rights or duties of the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523333"></A>Section 3.02
		</FONT><U><FONT STYLE="font-size:10pt">Denominations</FONT></U><FONT
		STYLE="font-size:10pt">. The Securities of each series shall be issuable only
		in registered form without coupons in such denominations as shall be specified
		as contemplated by Section 3.01. In the absence of any such specified
		denomination with respect to the Securities of any series, the Securities of
		such series shall be issuable in denominations of $1,000 and any integral
		multiple thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523334"></A>Section 3.03
		</FONT><U><FONT STYLE="font-size:10pt">Execution, Authentication, Delivery and
		Dating</FONT></U><FONT STYLE="font-size:10pt">. The Securities shall be
		executed on behalf of the Company by its Chairman of the Board, its Vice
		Chairman of the Board, its President or one of its Vice Presidents attested by
		its Chief Financial Officer, Finance </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">28</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Director, its Treasurer or an Assistant
		Treasurer, its Secretary or one of its Assistant Secretaries. The signature of
		any of these officers on the Securities may be manual or facsimile.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Securities bearing the manual or facsimile
		signatures of individuals who were at any time the proper officers of the
		Company shall bind the Company, notwithstanding that such individuals or any of
		them have ceased to hold such offices prior to the authentication and delivery
		of such Securities or did not hold such offices at the date of such
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">At any time and from time to time after the
		execution and delivery of this Indenture, the Company may deliver Securities of
		any Series executed by the Company and having endorsed thereon the Subsidiary
		Guarantees executed pursuant to Section 14.02 by the Subsidiary Guarantors to
		the Trustee for authentication, together with a Company Order for the
		authentication and delivery of such Securities with the Subsidiary Guarantees
		endorsed thereon, and the Trustee in accordance with the Company Order shall
		authenticate and deliver such Securities with the Subsidiary Guarantees
		endorsed thereon. If the form or terms of the Securities of the series have
		been established in or pursuant to one or more Board Resolutions as permitted
		by Sections 2.01 and 3.01, in authenticating such Securities, and accepting the
		additional responsibilities under this Indenture in relation to such
		Securities, the Trustee shall be entitled to receive, and (subject to Section
		6.01) shall be fully protected in relying upon, an Opinion of Counsel
		stating,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) if the form of such Securities has been
		established by or pursuant to Board Resolution as permitted by Section 2.01,
		that such form has been established in conformity with the provisions of this
		Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) if the terms of such Securities have
		been established by or pursuant to Board Resolution as permitted by Section
		3.01, that such terms have been established in conformity with the provisions
		of this Indenture; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) that such Securities, when authenticated
		and delivered by the Trustee and issued by the Company in the manner and
		subject to any conditions specified in such Opinion of Counsel, will constitute
		valid and legally binding obligations of the Company enforceable in accordance
		with their terms, subject to bankruptcy, insolvency, fraudulent transfer,
		reorganization, moratorium and similar laws of general applicability relating
		to or affecting creditors&#146; rights and to general equity principles.</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If such form or terms have been so
		established, the Trustee shall not be required to authenticate such Securities
		if the issue of such Securities pursuant to this Indenture will affect the
		Trustee&#146;s own rights, duties or immunities under the Securities and this
		Indenture or otherwise in a manner which is not reasonably acceptable to the
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding the provisions of Section
		3.01 and of the preceding paragraph, if all Securities of a series are not to
		be originally issued at one time, it shall not be necessary to deliver the
		Officer&#146;s Certificate otherwise required pursuant to Section 3.01 or the
		Opinion of Counsel otherwise required pursuant to such preceding paragraph at
		or prior to the time of authentication of each Security of such series if such
		documents are delivered at or prior to the authentication upon original
		issuance of the first Security of such series to be issued.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">29</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Security shall be dated the date of its
		authentication.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No Security or Subsidiary Guarantee shall be
		entitled to any benefit under this Indenture or be valid or obligatory for any
		purpose unless there appears on such Security a certificate of authentication
		substantially in the form provided for herein executed by the Trustee by manual
		signature, and such certificate upon any Security shall be conclusive evidence,
		and the only evidence, that such Security and the Subsidiary Guarantee endorsed
		thereon have been duly authenticated and delivered hereunder. Notwithstanding
		the foregoing, if any Security shall have been authenticated and delivered
		hereunder but never issued and sold by the Company, and the Company shall
		deliver such Security to the Trustee for cancellation as provided in Section
		3.09, for all purposes of this Indenture such Security shall be deemed never to
		have been authenticated and delivered hereunder and shall never be entitled to
		the benefits of this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523335"></A>Section 3.04
		</FONT><U><FONT STYLE="font-size:10pt">Temporary Securities</FONT></U><FONT
		STYLE="font-size:10pt">. Pending the preparation of definitive Securities of
		any series, the Company may execute, and upon Company Order the Trustee shall
		authenticate and deliver, temporary Securities which are printed, lithographed,
		typewritten, mimeographed or otherwise produced, in any authorized
		denomination, substantially of the tenor of the definitive Securities in lieu
		of which they are issued and having endorsed thereon the Subsidiary Guarantees
		substantially of the tenor of the definitive Subsidiary Guarantees in lieu of
		which they are issued duly executed by the Subsidiary Guarantors and with such
		appropriate insertions, omissions, substitutions and other variations as the
		officers executing such Securities and Subsidiary Guarantees may determine, as
		evidenced by their execution of such Securities and Subsidiary
		Guarantees.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If temporary Securities of any series are
		issued, the Company will cause definitive Securities of that series to be
		prepared without unreasonable delay. After the preparation of definitive
		Securities of such series, the temporary Securities of such series shall be
		exchangeable for definitive Securities of such series upon surrender of the
		temporary Securities of such series at the office or agency of the Company in a
		Place of Payment for that series, without charge to the Holder. Upon surrender
		for cancellation of any one or more temporary Securities of any series the
		Company shall execute and the Trustee shall authenticate and deliver in
		exchange therefor one or more definitive Securities of the same series, of any
		authorized denominations and of a like aggregate principal amount and having
		endorsed thereon Subsidiary Guarantees of the same tenor executed by the
		Subsidiary Guarantors. Until so exchanged, the temporary Securities of any
		series shall in all respects be entitled to the same benefits under this
		Indenture as definitive Securities of such series and tenor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523336"></A>Section 3.05
		</FONT><U><FONT STYLE="font-size:10pt">Registration, Registration of Transfer
		and Exchange</FONT></U><FONT STYLE="font-size:10pt">. The Company shall cause
		to be kept at the Corporate Trust Office of the Trustee a register (the
		register maintained in such office and in any other office or agency of the
		Company in a Place of Payment being herein sometimes collectively referred to
		as the &#147;Security Register&#148;) in which, subject to such reasonable
		regulations as it may prescribe, the Company shall provide for the registration
		of Securities and of transfers of Securities. The Trustee is hereby appointed
		&#147;Security Registrar&#148; for the purpose of registering Securities and
		transfers of Securities as herein provided.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Upon surrender for registration of transfer
		of any Security of any series at the office or agency in a Place of Payment for
		that series, the Company shall execute, and the Trustee shall </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">30</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">authenticate and deliver, in the name of the
		designated transferee or transferees, one or more new Securities of the same
		series, of any authorized denominations and of a like tenor and aggregate
		principal amount, each such Security having endorsed thereon the Subsidiary
		Guarantees executed by the Subsidiary Guarantors.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">At the option of the Holder, Securities of
		any series may be exchanged for other Securities of the same series, of any
		authorized denominations and of a like tenor and aggregate principal amount,
		and having the Subsidiary Guarantee endorsed thereon executed by each
		Subsidiary Guarantor, upon surrender of the Securities to be exchanged at such
		office or agency. Whenever any Securities are so surrendered for exchange, the
		Company shall execute, the Subsidiary Guarantors shall execute the Subsidiary
		Guarantees endorsed on and the Trustee shall authenticate and deliver, the
		Securities which the Holder making the exchange is entitled to receive.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All Securities and the Subsidiary Guarantees
		endorsed thereon issued upon any registration of transfer or exchange of
		Securities shall be the valid obligations of the Company and the respective
		Subsidiary Guarantors, evidencing the same debt and Subsidiary Guarantees, and
		entitled to the same benefits under this Indenture, as the Securities and
		Subsidiary Guarantees surrendered upon such registration of transfer or
		exchange.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every Security presented or surrendered for
		registration of transfer or for exchange shall (if so required by the Company
		or the Trustee) be duly endorsed, or be accompanied by a written instrument of
		transfer in form satisfactory to the Company and the Security Registrar duly
		executed, by the Holder thereof or his attorney duly authorized in
		writing.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No service charge shall be made for any
		registration of transfer or exchange of Securities, but the Company or Security
		Registrar may require payment of a sum sufficient to cover any tax or other
		governmental charge that may be imposed in connection with any registration of
		transfer or exchange of Securities, other than exchanges pursuant to Section
		3.04 or 9.06 not involving any transfer.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company shall not be required (1) to
		issue, register the transfer of or exchange Securities of any series during a
		period beginning at the opening of business 15 days before the day of the
		mailing of a notice of redemption of Securities of that series selected for
		redemption under Section 11.03 and ending at the close of business on the day
		of such mailing, or (2) to register the transfer of or exchange any Security so
		selected for redemption in whole or in part, except the unredeemed portion of
		any Security being redeemed in part.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding any other provision in this
		Indenture, no Global Security may be transferred to, or registered or exchanged
		for Securities registered in the name of, any Person other than the Depositary
		for such Global Security or any nominee thereof, and no such transfer may be
		registered, unless (1) such Depositary (A) notifies the Company that it is
		unwilling or unable to continue as Depositary for such Global Security or (B)
		has ceased to be a clearing agency registered under the Exchange Act, (2) the
		Company executes and delivers to the Trustee a Company Order that such Global
		Security shall be so transferable, registrable and exchangeable, and such
		transfers shall be registrable, (3) there shall have occurred and be continuing
		an Event of Default with respect to the Securities evidenced by such Global
		Security </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">31</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">or (4) there shall exist such other
		circumstances, if any, as have been specified for this purpose as contemplated
		by Section 3.01. Notwithstanding any other provision in this Indenture, a
		Global Security to which the restriction set forth in the preceding sentence
		shall have ceased to apply may be transferred only to, and may be registered
		and exchanged for Securities registered only in the name or names of, such
		Person or Persons as the Depositary for such Global Security shall have
		directed and no transfer thereof other than such a transfer may be
		registered.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every Security authenticated and delivered
		upon registration of transfer of, or in exchange for or in lieu of, a Global
		Security to which the restriction set forth in the first sentence of the
		preceding paragraph shall apply, whether pursuant to this Section,
		Section&nbsp;3.04, 3.06 or 9.06 or otherwise, shall be authenticated and
		delivered in the form of, and shall be, a Global Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523337"></A>Section 3.06
		</FONT><U><FONT STYLE="font-size:10pt">Mutilated, Destroyed, Lost and Stolen
		Securities</FONT></U><FONT STYLE="font-size:10pt">. If any mutilated Security
		is surrendered to the Trustee, the Company shall execute, the Subsidiary
		Guarantors shall execute the Subsidiary Guarantees endorsed thereon, and the
		Trustee shall authenticate and deliver in exchange therefor a new Security of
		the same series and of like tenor and principal amount and bearing a number not
		contemporaneously outstanding.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If there shall be delivered to the Company
		and the Trustee (i) evidence to their satisfaction of the destruction, loss or
		theft of any Security and (ii) such security or indemnity as may be required by
		them to save each of them, each Subsidiary Guarantor and any agent of either of
		them harmless, then, in the absence of notice to the Company or the Trustee
		that such Security has been acquired by a bona fide purchaser, the Company
		shall execute and the Trustee shall authenticate and deliver, in lieu of any
		such destroyed, lost or stolen Security, a new Security of the same series and
		of like tenor and principal amount and bearing a number not contemporaneously
		outstanding and having endorsed thereon the Subsidiary Guarantees executed by
		the Subsidiary Guarantors.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In case any such mutilated, destroyed, lost
		or stolen Security has become or is about to become due and payable, the
		Company in its discretion may, instead of issuing a new Security, pay such
		Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Upon the issuance of any new Security under
		this Section, the Company may require the payment of a sum sufficient to cover
		any tax or other governmental charge that may be imposed in relation thereto
		and any other expenses (including the fees and expenses of the Trustee) in
		connection therewith.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every new Security of any series issued
		pursuant to this Section in exchange for any mutilated Security or in lieu of
		any destroyed, lost or stolen Security shall constitute an original additional
		contractual obligation of the Company and the respective Subsidiary Guarantors,
		whether or not the mutilated, destroyed, lost or stolen Security shall be at
		any time enforceable by anyone, and shall be entitled to all the benefits of
		this Indenture equally and proportionately with any and all other Securities of
		that series duly issued hereunder.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">32</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The provisions of this Section are exclusive
		and shall preclude (to the extent lawful) all other rights and remedies with
		respect to the replacement or payment of mutilated, destroyed, lost or stolen
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523338"></A>Section 3.07
		</FONT><U><FONT STYLE="font-size:10pt">Payment of Interest; Interest Rights
		Preserved</FONT></U><FONT STYLE="font-size:10pt">. Except as otherwise provided
		as contemplated by Section 3.01 with respect to any series of Securities,
		interest on any Security which is payable, and is punctually paid or duly
		provided for, on any Interest Payment Date shall be paid to the Person in whose
		name that Security (or one or more Predecessor Securities) is registered at the
		close of business on the Regular Record Date for such interest.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any interest on any Security of any series
		which is payable, but is not punctually paid or duly provided for, on any
		Interest Payment Date (herein called &#147;Defaulted Interest&#148;) shall
		forthwith cease to be payable to the Holder on the relevant Regular Record Date
		by virtue of having been such Holder, and such Defaulted Interest may be paid
		by the Company, at its election in each case, as provided in Clause (1) or (2)
		below:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) The Company may elect to make payment of
		any Defaulted Interest to the Persons in whose names the Securities of such
		series (or their respective Predecessor Securities) are registered at the close
		of business on a Special Record Date for the payment of such Defaulted
		Interest, which shall be fixed in the following manner. The Company shall
		notify the Trustee in writing of the amount of Defaulted Interest proposed to
		be paid on each Security of such series and the date of the proposed payment,
		and at the same time the Company shall deposit with the Trustee an amount of
		money equal to the aggregate amount proposed to be paid in respect of such
		Defaulted Interest or shall make arrangements satisfactory to the Trustee for
		such deposit prior to the date of the proposed payment, such money when
		deposited to be held in trust for the benefit of the Persons entitled to such
		Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix
		a Special Record Date for the payment of such Defaulted Interest which shall be
		not more than 15 days and not less than 10 days prior to the date of the
		proposed payment and not less than 10 days after the receipt by the Trustee of
		the notice of the proposed payment. The Trustee shall promptly notify the
		Company of such Special Record Date and, in the name and at the expense of the
		Company, shall cause notice of the proposed payment of such Defaulted Interest
		and the Special Record Date therefor to be delivered electronically or mailed,
		first-class postage prepaid, to each Holder of Securities of such series at his
		address as it appears in the Security Register, not less than 10 days prior to
		such Special Record Date. Notice of the proposed payment of such Defaulted
		Interest and the Special Record Date therefor having been so mailed, such
		Defaulted Interest shall be paid to the Persons in whose names the Securities
		of such series (or their respective Predecessor Securities) are registered at
		the close of business on such Special Record Date and shall no longer be
		payable pursuant to the following Clause (2).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) The Company may make payment of any
		Defaulted Interest on the Securities of any series in any other lawful manner
		not inconsistent with the requirements of any securities exchange on which such
		Securities may be listed, and upon such notice as may be required by such
		exchange, if, after notice given by the Company to the Trustee of the proposed
		payment pursuant to this Clause, such manner of payment shall be deemed
		practicable by the Trustee.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">33</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to the foregoing provisions of this
		Section, each Security delivered under this Indenture upon registration of
		transfer of or in exchange for or in lieu of any other Security shall carry the
		rights to interest accrued and unpaid, and to accrue, which were carried by
		such other Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to the provisions of Section 15.02,
		in the case of any Security which is converted after any Regular Record Date
		and on or prior to the next succeeding Interest Payment Date, interest whose
		Stated Maturity is on such Interest Payment Date shall be payable on such
		Interest Payment Date notwithstanding such conversion, and such interest
		(whether or not punctually paid or duly provided for) shall be paid to the
		Person in whose name that Security (or one or more Predecessor Securities) is
		registered at the close of business on such Regular Record Date. Except as
		otherwise expressly provided in the immediately preceding sentence, in the case
		of any Security which is converted, interest whose Stated Maturity is after the
		date of conversion of such Security shall not be payable.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523339"></A>Section 3.08
		</FONT><U><FONT STYLE="font-size:10pt">Persons Deemed Owners</FONT></U><FONT
		STYLE="font-size:10pt">. Prior to due presentment of a Security for
		registration of transfer, the Company, the Subsidiary Guarantors, the Trustee
		and any agent of the Company, the Subsidiary Guarantors or the Trustee may
		treat the Person in whose name such Security is registered as the owner of such
		Security for the purpose of receiving payment of principal of and any premium
		and (subject to Section 3.07) any interest on such Security and for all other
		purposes whatsoever, whether or not such Security be overdue, and neither the
		Company, the Subsidiary Guarantors, the Trustee nor any agent of the Company,
		the Subsidiary Guarantors or the Trustee shall be affected by notice to the
		contrary.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523340"></A>Section 3.09
		</FONT><U><FONT STYLE="font-size:10pt">Cancellation</FONT></U><FONT
		STYLE="font-size:10pt">. All Securities surrendered for payment, redemption,
		registration of transfer or exchange or conversion or for credit against any
		sinking fund payment shall, if surrendered to any Person other than the
		Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The
		Company may at any time deliver to the Trustee for cancellation any Securities
		previously authenticated and delivered hereunder which the Company may have
		acquired in any manner whatsoever, and may deliver to the Trustee (or to any
		other Person for delivery to the Trustee) for cancellation any Securities
		previously authenticated hereunder which the Company has not issued and sold,
		and all Securities so delivered shall be promptly cancelled by the Trustee. No
		Securities shall be authenticated in lieu of or in exchange for any Securities
		cancelled as provided in this Section, except as expressly permitted by this
		Indenture. All cancelled Securities held by the Trustee shall be disposed of by
		the Trustee in its customary manner.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523341"></A>Section 3.10
		</FONT><U><FONT STYLE="font-size:10pt">Computation of Interest</FONT></U><FONT
		STYLE="font-size:10pt">. Except as otherwise specified as contemplated by
		Section 3.01 for Securities of any series, interest on the Securities of each
		series shall be computed on the basis of a 360-day year of twelve 30-day
		months.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523342"></A>Section 3.11
		</FONT><U><FONT STYLE="font-size:10pt">CUSIP Numbers</FONT></U><FONT
		STYLE="font-size:10pt">. The Company in issuing the Securities may use
		&#147;CUSIP&#148; numbers (if then generally in use), and, if so, the Trustee
		shall use &#147;CUSIP&#148; numbers in notices of redemption as a convenience
		to Holders; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that any such notice may state that no representation
		is made as to the correctness of such numbers either as printed on the
		Securities or as contained in any notice of a redemption and that reliance may
		be placed only on the other identification numbers printed on the Securities,
		and any such redemption shall not be </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">34</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">affected by any defect in or omission of
		such numbers. The Company will promptly notify the Trustee of any changes in
		the &#147;CUSIP&#148; numbers.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523343"></A>ARTICLE
		IV</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SATISFACTION AND DISCHARGE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523344"></A>Section 4.01
		</FONT><U><FONT STYLE="font-size:10pt">Satisfaction and Discharge of
		Indenture</FONT></U><FONT STYLE="font-size:10pt">. This Indenture shall upon
		Company Request cease to be of further effect (except as to any surviving
		rights of conversion, registration of transfer or exchange of Securities herein
		expressly provided for), and the Trustee, at the expense of the Company, shall
		execute proper instruments acknowledging satisfaction and discharge of this
		Indenture, when</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) either</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(A) all Securities theretofore authenticated
		and delivered (other than (i) Securities which have been destroyed, lost or
		stolen and which have been replaced or paid as provided in Section 3.06 and
		(ii) Securities for whose payment money has theretofore been deposited in trust
		or segregated and held in trust by the Company and thereafter repaid to the
		Company or discharged from such trust) have been delivered to the Trustee for
		cancellation; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(B) all such Securities not theretofore
		delivered to the Trustee for cancellation</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(i) have become due and payable, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(ii) will become due and payable at their
		Stated Maturity within one year, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:46%;">
		<FONT STYLE="font-size:10pt">(iii) are to be called for redemption within
		one year under arrangements satisfactory to the Trustee for the giving of
		notice of redemption by the Trustee in the name, and at the expense, of the
		Company, and the Company and/or a Subsidiary Guarantor, in the case of (i),
		(ii) or (iii) above, has deposited or caused to be deposited with the Trustee
		as trust funds in trust for the purpose an amount sufficient to pay and
		discharge the entire indebtedness on such Securities not theretofore delivered
		to the Trustee for cancellation, for principal and any premium and interest to
		the date of such deposit (in the case of Securities which have become due and
		payable) or to the Stated Maturity or Redemption Date, as the case may
		be;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Company and/or a Subsidiary
		Guarantor has paid or caused to be paid all other sums payable hereunder by the
		Company and the Subsidiary Guarantors; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) the Company has delivered to the Trustee
		an Officer&#146;s Certificate and an Opinion of Counsel, each stating that all
		conditions precedent herein provided for relating to the satisfaction and
		discharge of this Indenture have been complied with.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">35</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding the satisfaction and
		discharge of this Indenture, the obligations of the Company to the Trustee
		under Section 6.07, and, if money shall have been deposited with the Trustee
		pursuant to subclause (B) of Clause (1) of this Section, the obligations of the
		Trustee under Section 4.02, shall survive such satisfaction and
		discharge.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523345"></A>Section 4.02
		</FONT><U><FONT STYLE="font-size:10pt">Application of Trust
		Money</FONT></U><FONT STYLE="font-size:10pt">. All money deposited with the
		Trustee pursuant to Section 4.01 shall be held in trust and applied by it, in
		accordance with the provisions of the Securities and this Indenture, to the
		payment, either directly or through any Paying Agent (including the Company
		acting as its own Paying Agent) as the Trustee may determine, to the Persons
		entitled thereto, of the principal and any premium and interest for whose
		payment such money has been deposited with the Trustee.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523346"></A>ARTICLE
		V</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">REMEDIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523347"></A>Section 5.01
		</FONT><U><FONT STYLE="font-size:10pt">Events of Default</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">&#147;Event of Default&#148;, wherever used
		herein with respect to Securities of any series, means any one of the following
		events (whatever the reason for such Event of Default and whether it shall be
		occasioned by the provisions of Article XVI or be voluntary or involuntary or
		be effected by operation of law or pursuant to any judgment, decree or order of
		any court or any order, rule or regulation of any administrative or
		governmental body):</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) default in the payment of any interest
		upon any Security of that series when it becomes due and payable, and
		continuance of such default for a period of 30 days; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) default in the payment of the principal
		of (or premium, if any, on) any Security of that series at its Maturity;
		or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) default in the deposit of any sinking
		fund payment, when and as due by the terms of a Security of that series;
		or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) default in the performance, or breach,
		of Section 8.01 or Section 8.02; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) default in the performance, or breach,
		of any covenant or warranty of the Company in this Indenture (other than a
		covenant or warranty a default in whose performance or whose breach is
		elsewhere in this Section specifically dealt with or which has expressly been
		included in this Indenture solely for the benefit of series of Securities other
		than that series), and continuance of such default or breach for a period of 60
		days after there has been given, by registered or certified mail, to the
		Company by the Trustee or to the Company and the Trustee by the Holders of at
		least 25% in principal amount of the Outstanding Securities of that series a
		written notice specifying such default or breach and requiring it to be
		remedied and stating that such notice is a &#147;Notice of Default&#148;
		hereunder; or</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">36</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) the Company shall fail to pay any
		Indebtedness in excess of $25,000,000 owing by the Company, or any interest or
		premium thereon, when due (whether by scheduled maturity, required prepayment,
		acceleration, demand or otherwise), and such failure shall continue after the
		applicable grace period, if any, specified in the agreement or instrument
		relating to such Indebtedness, or the Company shall fail to perform any term,
		covenant or agreement on its part to be performed under any agreement or
		instrument evidencing or securing or relating to any such Indebtedness, if the
		effect of such failure in either case is that the maturity of such Indebtedness
		is duly accelerated, without such Indebtedness having been discharged or such
		acceleration having been rescinded or annulled, in each such case, within a
		period of 10 days after there shall have been given, by registered or certified
		mail, to the Company by the Trustee or to the Company and the Trustee by
		Holders of at least 25% in principal amount of the Outstanding Securities of
		that series, a written notice specifying such default and requiring the Company
		to cause such Indebtedness to be discharged or cause such acceleration to be
		rescinded or annulled, as the case may be, and stating that such notice is a
		&#147;Notice of Default&#148; hereunder (the Trustee shall not be deemed to
		have knowledge of a default under this subsection (6) unless it shall have
		actual knowledge thereof); </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that, subject to the provisions of Sections 6.01 and
		6.05, the Trustee shall not be deemed to have knowledge of such failure to pay
		unless either (A) a Responsible Officer of the Trustee shall have actual
		knowledge of such failure to pay or (B) the Trustee shall have received written
		notice thereof from the Company, from any Holder, from the holder of any such
		Indebtedness or from the trustee thereunder; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) the entry by a court having jurisdiction
		in the premises of (A) a decree or order for relief in respect of the Company
		or any Subsidiary Guarantor that is a Significant Subsidiary in an involuntary
		case or proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or (B) a decree or order
		adjudging the Company or any Subsidiary Guarantor that is a Significant
		Subsidiary a bankrupt or insolvent, or approving as properly filed a petition
		seeking reorganization, arrangement, adjustment or composition of or in respect
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary
		under any applicable Federal, State or foreign law, or appointing a custodian,
		receiver, liquidator, assignee, trustee, sequestrator or other similar official
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary or
		of any substantial part of its property, or ordering the winding up or
		liquidation of its affairs, and the continuance of any such decree or order for
		relief or any such other decree or order unstayed and in effect for a period of
		60 consecutive days; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) the commencement by the Company or any
		Subsidiary Guarantor that is a Significant Subsidiary of a voluntary case or
		proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or of any other case or
		proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to
		the entry of a decree or order for relief in respect of the Company or any
		Subsidiary Guarantor that is a Significant Subsidiary in an involuntary case or
		proceeding under any applicable Federal, State or foreign bankruptcy,
		insolvency, reorganization or other similar law or to the commencement of any
		bankruptcy or insolvency case or proceeding against it, or the filing by it of
		a petition or answer or consent seeking reorganization or relief under any
		applicable Federal, State or foreign law, or the consent by it to the filing of
		such petition or to the appointment of or taking possession by a custodian,
		receiver, liquidator, assignee, trustee, sequestrator or other similar official
		of the Company or any Subsidiary Guarantor that is a Significant Subsidiary or
		of any </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">37</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">substantial part of their respective
		property, or the making by it of an assignment for the benefit of creditors, or
		the admission by it in writing of its inability to pay its debts generally as
		they become due, or the taking of corporate action by the Company or any
		Subsidiary Guarantor that is a Significant Subsidiary in furtherance of any
		such action; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(9) except as permitted by the terms hereof
		and the Securities, the cessation of effectiveness of any Subsidiary Guarantee
		of a Significant Subsidiary or the finding by any judicial proceeding that any
		such Subsidiary Guarantee is unenforceable or invalid or the denial or
		disaffirmation by any Subsidiary Guarantor that is a Significant Subsidiary of
		its obligations under its Subsidiary Guarantee; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(10) any other Event of Default provided
		with respect to Securities of that series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523348"></A>Section 5.02
		</FONT><U><FONT STYLE="font-size:10pt">Acceleration of Maturity; Rescission and
		Annulment</FONT></U><FONT STYLE="font-size:10pt">. If an Event of Default
		(other than an Event of Default specified in Section 5.01(7) or 5.01(8)) with
		respect to Securities of any series at the time Outstanding occurs and is
		continuing, then in every such case the Trustee or the Holders of not less than
		25% in principal amount of the Outstanding Securities of that series may
		declare the principal amount (or, if any of the Securities of that series are
		Original Issue Discount Securities, such portion of the principal amount of
		such Securities as may be specified in the terms thereof) and unpaid interest
		of all of the Securities of that series to be due and payable immediately, by a
		notice in writing to the Company (and to the Trustee if given by Holders), and
		upon any such declaration such principal amount (or specified amount) shall
		become immediately due and payable. If an Event of Default specified in Section
		5.01(7) or 5.01(8) with respect to Securities of any series at the time
		Outstanding occurs, the principal amount of all the Securities of that series
		(or, in the case of any Security of that series which specifies an amount to be
		due and payable thereon upon acceleration of the Maturity thereof, such amount
		as may be specified by the terms thereof) and unpaid interest shall
		automatically, and without any declaration or other action on the part of the
		Trustee or any Holder, become immediately due and payable without any action by
		the indenture trustee of the holder of the debt securities of that
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">At any time after such a declaration of
		acceleration with respect to Securities of any series has been made and before
		a judgment or decree for payment of the money due has been obtained by the
		Trustee as hereinafter in this Article provided, the Holders of a majority in
		outstanding principal amount of the Outstanding Securities of that series, by
		written notice to the Company and the Trustee, may rescind and annul such
		declaration and its consequences if</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Company and/or any Subsidiary
		Guarantor has paid or deposited with the Trustee a sum sufficient to pay</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(A) all overdue interest on all Securities
		of that series,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(B) the principal of (and premium, if any,
		on) any Securities of that series which have become due otherwise than by such
		declaration of acceleration and any interest thereon at the rate or rates
		prescribed therefor in such Securities,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">38</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(C) to the extent that payment of such
		interest is lawful, interest upon overdue interest at the rate or rates
		prescribed therefor in such Securities, and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:38%;">
		<FONT STYLE="font-size:10pt">(D) all sums paid or advanced by the Trustee
		hereunder and the reasonable compensation, expenses, disbursements and advances
		of the Trustee, its agents and counsel;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) all Events of Default with respect to
		Securities of that series, other than the non-payment of the principal of
		Securities of that series which have become due solely by such declaration of
		acceleration, have been cured or waived as provided in Section 5.13.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">No such rescission shall affect any
		subsequent default or impair any right consequent thereon.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523349"></A>Section 5.03
		</FONT><U><FONT STYLE="font-size:10pt">Collection of Indebtedness and Suits for
		Enforcement by Trustee</FONT></U><FONT STYLE="font-size:10pt">. The Company
		covenants that if:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) default is made in the payment of any
		interest on any Security when such interest becomes due and payable and such
		default continues for a period of 30 days, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) default is made in the payment of the
		principal of (or premium, if any, on) any Security at the Maturity
		thereof,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">the Company will, upon demand of the
		Trustee, pay to it, for the benefit of the Holders of such Securities, the
		whole amount then due and payable on such Securities for principal and any
		premium and interest and, to the extent that payment of such interest shall be
		legally enforceable, interest on any overdue principal and premium and on any
		overdue interest, at the rate or rates prescribed therefor in such Securities,
		and, in addition thereto, such further amount as shall be sufficient to cover
		the costs and expenses of collection, including the reasonable compensation,
		expenses, disbursements and advances of the Trustee, its agents and
		counsel.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If an Event of Default with respect to
		Securities of any series occurs and is continuing, the Trustee may in its
		discretion proceed to protect and enforce its rights and the rights of the
		Holders of Securities of such series by such appropriate judicial proceedings
		as the Trustee shall deem necessary to protect and enforce any such rights,
		whether for the specific enforcement of any covenant or agreement in this
		Indenture or in aid of the exercise of any power granted herein, or to enforce
		any other proper remedy.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523350"></A>Section 5.04
		</FONT><U><FONT STYLE="font-size:10pt">Trustee May File Proofs of
		Claim</FONT></U><FONT STYLE="font-size:10pt">. In case of any judicial
		proceeding relative to the Company or any Subsidiary Guarantor (or any other
		obligor upon the Securities), or any of the property or creditors of the
		Company or any Subsidiary Guarantor (or any other obligor upon the Securities),
		the Trustee shall be entitled and empowered, by intervention in such proceeding
		or otherwise, to take any and all actions authorized under the Trust Indenture
		Act in order to have claims of the Holders and the Trustee allowed in any such
		proceeding. In particular, the Trustee shall be authorized to collect and
		receive any moneys or other property payable or deliverable on any such claims
		and to distribute the same; and any custodian,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">39</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">receiver, assignee, trustee, liquidator,
		sequestrator or other similar official in any such judicial proceeding is
		hereby authorized by each Holder to make such payments to the Trustee and, in
		the event that the Trustee shall consent to the making of such payments
		directly to the Holders, to pay to the Trustee any amount due it for the
		reasonable compensation, expenses, disbursements and advances of the Trustee,
		its agents and counsel, and any other amounts due the Trustee under Section
		6.07.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">No provision of this Indenture shall be
		deemed to authorize the Trustee to authorize or consent to or accept or adopt
		on behalf of any Holder any plan of reorganization, arrangement, adjustment or
		composition affecting the Securities or the rights of any Holder thereof or to
		authorize the Trustee to vote in respect of the claim of any Holder in any such
		proceeding; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		the Trustee may, on behalf of the Holders, vote for the election of a trustee
		in bankruptcy or similar official and be a member of a creditors&#146; or other
		similar committee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523351"></A>Section 5.05
		</FONT><U><FONT STYLE="font-size:10pt">Trustee May Enforce Claims Without
		Possession of Securities</FONT></U><FONT STYLE="font-size:10pt">. All rights of
		action and claims under this Indenture or the Securities may be prosecuted and
		enforced by the Trustee without the possession of any of the Securities or the
		production thereof in any proceeding relating thereto, and any such proceeding
		instituted by the Trustee shall be brought in its own name as trustee of an
		express trust, and any recovery of judgment shall, after provision for the
		payment of the reasonable compensation, expenses, disbursements and advances of
		the Trustee, its agents and counsel, be for the ratable benefit of the Holders
		of the Securities in respect of which such judgment has been recovered.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523352"></A>Section 5.06
		</FONT><U><FONT STYLE="font-size:10pt">Application of Money
		Collected</FONT></U><FONT STYLE="font-size:10pt">. Any money collected by the
		Trustee pursuant to this Article shall be applied in the following order, at
		the date or dates fixed by the Trustee and, in case of the distribution of such
		money on account of principal or any premium or interest, upon presentation of
		the Securities and the notation thereon of the payment if only partially paid
		and upon surrender thereof if fully paid:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">FIRST: To the payment of all amounts due the
		Trustee under Section 6.07;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">SECOND: To the payment of the amounts then
		due and unpaid for principal of and any premium and interest on the Securities
		in respect of which or for the benefit of which such money has been collected,
		ratably, without preference or priority of any kind, according to the amounts
		due and payable on such Securities for principal and any premium and interest,
		respectively; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">THIRD: To the Company, or to the extent the
		Trustee collects any amount from any Subsidiary Guarantor, to the Subsidiary
		Guarantor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523353"></A>Section 5.07
		</FONT><U><FONT STYLE="font-size:10pt">Limitation on Suits</FONT></U><FONT
		STYLE="font-size:10pt">. No Holder of any Security of any series shall have any
		right to institute any proceeding, judicial or otherwise, with respect to this
		Indenture, or for the appointment of a receiver or trustee, or for any other
		remedy hereunder, unless</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) such Holder has previously given written
		notice to the Trustee of a continuing Event of Default with respect to the
		Securities of that series;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">40</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Holders of not less than 25% in
		principal amount of the Outstanding Securities of that series shall have made
		written request to the Trustee to institute proceedings in respect of such
		Event of Default in its own name as Trustee hereunder;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) such Holder or Holders have offered to
		the Trustee reasonable indemnity satisfactory to it against the costs, expenses
		and liabilities to be incurred in compliance with such request;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the Trustee for 60 days after its
		receipt of such notice, request and offer of indemnity has failed to institute
		any such proceeding; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) no direction inconsistent with such
		written request has been given to the Trustee during such 60-day period by the
		Holders of a majority in principal amount of the Outstanding Securities of that
		series;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">it being understood and intended that no one
		or more of such Holders shall have any right in any manner whatever by virtue
		of, or by availing of, any provision of this Indenture to affect, disturb or
		prejudice the rights of any other of such Holders, or to obtain or to seek to
		obtain priority or preference over any other of such Holders or to enforce any
		right under this Indenture, except in the manner herein provided and for the
		equal and ratable benefit of all of such Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523354"></A>Section 5.08
		</FONT><U><FONT STYLE="font-size:10pt">Unconditional Right of Holders to
		Receive Principal, Premium and Interest and to Convert</FONT></U><FONT
		STYLE="font-size:10pt">. Notwithstanding any other provision in this Indenture,
		but subject to Article XVI, the Holder of any Security shall have the right,
		which is absolute and unconditional, to receive payment of the principal of and
		any premium and (subject to Section 3.07) interest on such Security on the
		respective Stated Maturities expressed in such Security (or, in the case of
		redemption, on the Redemption Date) and to convert such Security in accordance
		with Article XV and to institute suit for the enforcement of any such payment
		and right to convert, and such rights shall not be impaired without the consent
		of such Holder.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523355"></A>Section 5.09
		</FONT><U><FONT STYLE="font-size:10pt">Restoration of Rights and
		Remedies</FONT></U><FONT STYLE="font-size:10pt">. If the Trustee or any Holder
		has instituted any proceeding to enforce any right or remedy under this
		Indenture and such proceeding has been discontinued or abandoned for any
		reason, or has been determined adversely to the Trustee or to such Holder, then
		and in every such case, subject to any determination in such proceeding, the
		Company, the Subsidiary Guarantors, the Trustee and the Holders shall be
		restored severally and respectively to their former positions hereunder and
		thereafter all rights and remedies of the Trustee and the Holders shall
		continue as though no such proceeding had been instituted.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523356"></A>Section 5.10
		</FONT><U><FONT STYLE="font-size:10pt">Rights and Remedies
		Cumulative</FONT></U><FONT STYLE="font-size:10pt">. Except as otherwise
		provided with respect to the replacement or payment of mutilated, destroyed,
		lost or stolen Securities in the last paragraph of Section 3.06, no right or
		remedy herein conferred upon or reserved to the Trustee or to the Holders is
		intended to be exclusive of any other right or remedy, and every right and
		remedy shall, to the extent permitted by law, be cumulative and in addition to
		every other right and remedy given hereunder or now or hereafter existing at
		law or in equity or otherwise. The assertion or employment of any right or
		remedy hereunder, or otherwise, shall not prevent the concurrent assertion or
		employment of any other appropriate right or remedy.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169523357"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">41</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 5.11 </FONT><U><FONT
		STYLE="font-size:10pt">Delay or Omission Not Waiver</FONT></U><FONT
		STYLE="font-size:10pt">. No delay or omission of the Trustee or of any Holder
		of any Securities to exercise any right or remedy accruing upon any Event of
		Default shall impair any such right or remedy or constitute a waiver of any
		such Event of Default or an acquiescence therein. Every right and remedy given
		by this Article or by law to the Trustee or to the Holders may be exercised
		from time to time, and as often as may be deemed expedient, by the Trustee or
		by the Holders, as the case may be.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523358"></A>Section 5.12
		</FONT><U><FONT
		STYLE="font-size:10pt">Control by Holders</FONT></U><FONT
		STYLE="font-size:10pt">. The Holders of a majority in principal amount of the
		Outstanding Securities of any series shall have the right to direct the time,
		method and place of conducting any proceeding for any remedy available to the
		Trustee, or exercising any trust or power conferred on the Trustee, with
		respect to the Securities of such series, </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">
		that</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) such direction shall not be in conflict
		with any rule of law or with this Indenture,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Trustee may take any other action
		deemed proper by the Trustee which is not inconsistent with such direction,
		and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) subject to the provisions of Section
		6.01, the Trustee shall have the right to decline to follow any such direction
		if the Trustee in good faith shall, by a Responsible Officer or Officers of the
		Trustee, determine, and the Trustee shall have received a legal opinion
		stating, that the proceedings so directed would involve the Trustee in personal
		liability.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523359"></A>Section 5.13
		</FONT><U><FONT STYLE="font-size:10pt">Waiver of Past Defaults</FONT></U><FONT
		STYLE="font-size:10pt">. The Holders of not less than a majority in principal
		amount of the Outstanding Securities of any series may on behalf of the Holders
		of all the Securities of such series waive any past default hereunder with
		respect to such series and its consequences, except a default</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) in the payment of the principal of or
		any premium or interest on any Security of such series, or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) in respect of a covenant or provision
		hereof which under Article IX cannot be modified or amended without the consent
		of the Holder of each Outstanding Security of such series affected.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Upon any such waiver, such default shall
		cease to exist, and any Event of Default arising therefrom shall be deemed to
		have been cured, for every purpose of this Indenture; but no such waiver shall
		extend to any subsequent or other default or impair any right consequent
		thereon.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523360"></A>Section 5.14
		</FONT><U><FONT STYLE="font-size:10pt">Undertaking for Costs</FONT></U><FONT
		STYLE="font-size:10pt">. In any suit for the enforcement of any right or remedy
		under this Indenture, or in any suit against the Trustee for any action taken,
		suffered or omitted by it as Trustee, a court may require any party litigant in
		such suit to file an undertaking to pay the costs of such suit, and may assess
		costs against any such party litigant, in the manner and to the extent provided
		in the Trust Indenture Act; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		neither this Section nor the Trust Indenture Act shall apply to any suit
		instituted by the Trustee, to any suit instituted by any Holders of the
		Securities, or group of Holders of the Securities, holding in the aggregate
		more than 10% of principal amount of the Outstanding Securities of any series,
		or to any suit instituted by any Holder of the Outstanding Securities for the
		enforcement of the payment of principal of </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">42</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">or interest on any Outstanding Securities
		held by such Holder, on or after the respective due dates expressed in such
		Outstanding Securities, and </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">further</FONT></U><FONT
		STYLE="font-size:10pt">, that neither this Section nor the Trust Indenture Act
		shall be deemed to authorize any court to require such an undertaking or to
		make such an assessment in any suit instituted by the Company or any Subsidiary
		Guarantor or the Trustee or, if applicable, in any suit for the enforcement of
		the right to convert any Security in accordance with Article XV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523361"></A>Section 5.15
		</FONT><U><FONT STYLE="font-size:10pt">Waiver of Usury, Stay or Extension
		Laws</FONT></U><FONT STYLE="font-size:10pt">. Each of the Company and each
		Subsidiary Guarantor covenants (to the extent that it may lawfully do so) that
		it will not at any time insist upon, or plead, or in any manner whatsoever
		claim or take the benefit or advantage of, any usury, stay or extension law
		wherever enacted, now or at any time hereafter in force, which may affect the
		covenants or the performance of this Indenture; and each of the Company and
		each Subsidiary Guarantor (to the extent that it may lawfully do so) hereby
		expressly waives all benefit or advantage of any such law and covenants that it
		will not hinder, delay or impede the execution of any power herein granted to
		the Trustee, but will suffer and permit the execution of every such power as
		though no such law had been enacted.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523362"></A>ARTICLE
		VI</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">THE TRUSTEE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Trustee hereby accepts the trust imposed
		upon it by this Indenture and covenants and agrees to perform the same, as
		herein expressed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523363"></A>Section 6.01
		</FONT><U><FONT STYLE="font-size:10pt">Duties of Trustee</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) If an Event of Default has occurred and
		is continuing, the Trustee shall exercise such of the rights and powers vested
		in it by this Indenture and use the same degree of care and skill in their
		exercise as a prudent person would exercise or use under the circumstances in
		the conduct of his own affairs.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) Except during the continuance of an
		Event of Default:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) The Trustee need perform only those
		duties as are specifically set forth in this Indenture and no others, and no
		covenants or obligations shall be implied in or read into this
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) In the absence of bad faith on its part,
		the Trustee may conclusively rely, as to the truth of the statements and the
		correctness of the opinions expressed therein, upon certificates or opinions
		furnished to the Trustee and conforming to the requirements of this Indenture.
		However, in the case of any such certificates or opinions which by any
		provision hereof are specifically required to be furnished to the Trustee, the
		Trustee shall be under a duty to examine the same to determine whether or not
		they substantially conform to the requirements of this Indenture (but need not
		confirm or investigate the accuracy of mathematical calculations or other facts
		stated therein).</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">43</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(c) The Trustee may not be relieved from
		liability for its own grossly negligent action, its own grossly negligent
		failure to act, or its own willful misconduct, except that:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) This paragraph does not limit the effect
		of paragraph (b) of this Section 6.01.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) The Trustee shall not be liable for any
		error of judgment made in good faith by a Responsible Officer, unless it is
		proved that the Trustee was grossly negligent in ascertaining the pertinent
		facts.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) The Trustee shall not be liable with
		respect to any action it takes or omits to take in good faith in accordance
		with a direction received by it pursuant to Section 5.12.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(d) No provision of this Indenture shall
		require the Trustee to expend or risk its own funds or otherwise incur any
		financial liability in the performance of any of its duties hereunder or to
		take or omit to take any action under this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(e) Every provision of this Indenture that
		in any way relates to the Trustee is subject to paragraphs (a), (b), (c), (d)
		and (f) of this Section 6.01.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(f) The Trustee shall not be liable for
		interest on any assets received by it except as the Trustee may agree in
		writing with the Company or any Subsidiary Guarantor. Assets held in trust by
		the Trustee need not be segregated from other assets except to the extent
		required by law.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523364"></A>Section 6.02
		</FONT><U><FONT STYLE="font-size:10pt">Rights of Trustee</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to Section 6.01:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) The Trustee may rely conclusively on any
		document (whether in its original or facsimile form) believed by it to be
		genuine and to have been signed or presented by the proper person. The Trustee
		need not investigate any fact or matter stated in any document.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) Before the Trustee acts or refrains from
		acting, it may require an Officer&#146;s Certificate or an Opinion of Counsel.
		The Trustee shall not be liable for any action it takes or omits to take in
		good faith in reliance on such certificate or opinion. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(c) The Trustee may act through its
		attorneys and agents and shall not be responsible for the misconduct or
		negligence of any agent appointed with due care. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(d) The Trustee shall not be liable for any
		action it takes or omits to take in good faith which it believes to be
		authorized or within its rights or powers. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(e) The Trustee shall not be bound to make
		any investigation into the facts or matters stated in any resolution,
		certificate, statement, instrument, opinion, notice, request, direction,
		consent, order, bond, debenture, or other paper or document, but the Trustee,
		</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">44</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">in its discretion, may make such further
		inquiry or investigation into such facts or matters as it may see fit and, if
		the Trustee shall determine to make such further inquiry or investigation, it
		shall be entitled to examine the books, records and premises of the Company or
		any Subsidiary Guarantor, personally or by agent or attorney at the sole cost
		of the Company and shall incur no liability or additional liability of any kind
		by reason of such investigation. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(f) The Trustee shall be under no obligation
		to exercise any of the rights or powers vested in it by this Indenture at the
		request, order or direction of any of the Holders, pursuant to the provisions
		of this Indenture, unless such Holders shall have offered to the Trustee
		reasonable security or indemnity satisfactory to it against the costs, expenses
		and liabilities which may be incurred therein or thereby. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(g) The Trustee may consult with counsel of
		its selection and the advice of such counsel or any Opinion of Counsel shall be
		full and complete authorization and protection of any action taken, suffered or
		omitted by the Trustee hereunder in good faith and in reliance thereon.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(h) The Trustee shall not be deemed to have
		notice of any Event of Default unless a Responsible Officer of the Trustee has
		actual knowledge thereof or unless written notice of any event which is in fact
		such a default is received by the Trustee at the Corporate Trust Office of the
		Trustee, and such notice references the Securities and this Indenture. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(i) The rights, privileges, protections,
		immunities and benefits given to the Trustee, including, without limitation,
		its right to be indemnified, are extended to, and shall be enforceable by, the
		Trustee in each of its capacities hereunder, and each agent, custodian and
		other Person employed to act hereunder. </FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523365"></A>Section 6.03
		</FONT><U><FONT STYLE="font-size:10pt">Individual Rights of
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. The Trustee in its individual
		or any other capacity may become the owner or pledgee of Securities and may
		otherwise deal with the Company or any Subsidiary Guarantor, or their
		respective Affiliates, with the same rights it would have if it were not
		Trustee. Any Paying Agent or Security Registrar may do the same with like
		rights.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523366"></A>Section 6.04
		</FONT><U><FONT STYLE="font-size:10pt">Trustee&#146;s
		Disclaimer</FONT></U><FONT STYLE="font-size:10pt">. The Trustee makes no
		representation as to the validity or adequacy of this Indenture or the
		Securities or any Subsidiary Guarantee and it shall not be accountable for the
		Company&#146;s or any Subsidiary Guarantor&#146;s use of the proceeds from the
		Securities, and it shall not be responsible for any statement in the Securities
		or any Subsidiary Guarantee, other than the Trustee&#146;s certificate of
		authentication, or the use or application of any funds received by a Paying
		Agent other than the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523367"></A>Section 6.05
		</FONT><U><FONT STYLE="font-size:10pt">Notice of Default</FONT></U><FONT
		STYLE="font-size:10pt">. If an Event of Default with respect to Securities of
		any series occurs and is continuing and if it is known to the Trustee, the
		Trustee shall deliver to each Holder of Securities of such series notice of the
		uncured Event of Default within 90 days after such Event of Default occurs.
		Except in the case of an Event of Default in payment of principal (or premium,
		if any) of, or interest on, any Security, the Trustee may withhold the notice
		if and </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">45</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">so long as a Responsible Officer in good
		faith determines that withholding the notice is in the interest of the Holders
		of Securities of such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523368"></A>Section 6.06
		</FONT><U><FONT STYLE="font-size:10pt">Reports by Trustee to
		Holders</FONT></U><FONT STYLE="font-size:10pt">. Within 60 days after each May
		15 beginning with the May 15 following the date of this Indenture, the Trustee
		shall mail to each Holder a brief report dated as of such date that complies
		with Trust Indenture Act Section 313(a) if such report is required by such
		Trust Indenture Act Section 313(a). The Trustee also shall comply with Trust
		Indenture Act Section 313(b)(2). The Trustee shall also transmit by mail all
		reports as required by Trust Indenture Act Sections 313(c) and 313(d).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company shall promptly notify the
		Trustee in writing if the Securities of any series become listed on any stock
		exchange or automatic quotation system.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A copy of each report at the time of its
		mailing to Holders shall be mailed to the Company and filed with the Commission
		and each stock exchange, if any, on which the Securities are listed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523369"></A>Section 6.07
		</FONT><U><FONT STYLE="font-size:10pt">Compensation and
		Indemnity</FONT></U><FONT STYLE="font-size:10pt">. The Company and the
		Subsidiary Guarantors shall pay to the Trustee from time to time such
		compensation for its services as the Company and the Trustee shall from time to
		time agree in writing. The Trustee&#146;s compensation shall not be limited by
		any law on compensation of a trustee of an express trust. The Company and the
		Subsidiary Guarantors shall reimburse the Trustee upon request for all
		reasonable disbursements, expenses and advances incurred or made by it. Such
		expenses shall include the reasonable compensation, disbursements and expenses
		of the Trustee&#146;s agents, accountants, experts and counsel.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company and the Subsidiary Guarantors,
		jointly and severally, shall indemnify each of the Trustee and Paying Agent and
		any predecessor Trustee and each of their respective officers, directors,
		attorneys-in-fact and agents for, and hold it harmless against, any claim,
		demand, expense (including but not limited to reasonable compensation,
		disbursements and expenses of the Trustee&#146;s agents and counsel), loss,
		charges (including taxes (other than taxes based upon the income of the
		Trustee)) or liability incurred by them without gross negligence or bad faith
		on its part, arising out of or in connection with the acceptance or
		administration of this trust and their rights or duties hereunder including the
		reasonable costs and expenses of defending themselves against any claim or
		liability in connection with the exercise or performance of any of its powers
		or duties hereunder. The Trustee shall notify the Company and the Subsidiary
		Guarantors promptly of any claim asserted against the Trustee for which it may
		seek indemnity. The Company and the Subsidiary Guarantors shall defend the
		claim and the Trustee shall provide reasonable cooperation at the
		Company&#146;s expense in the defense. The Trustee may have separate counsel
		and the Company shall pay the reasonable fees and expenses of such counsel. The
		Company and the Subsidiary Guarantors need not pay for any settlement made
		without their written consent, which consent shall not be unreasonably
		withheld. The Company and the Subsidiary Guarantors need not reimburse any
		expense or indemnify against any loss or liability incurred by the Trustee to
		the extent determined by a court of competent jurisdiction to have been caused
		by its own gross negligence, bad faith or willful misconduct.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">46</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">To secure the Company&#146;s and the
		Subsidiary Guarantors&#146; payment obligations in this Section 6.07, the
		Trustee shall have a lien prior to the Securities on all assets held or
		collected by the Trustee, in its capacity as Trustee, except assets held in
		trust to pay principal and premium, if any, of or interest on any series of
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">When the Trustee incurs expenses or renders
		services after an Event of Default specified in Section 5.01(7) or (8) occurs,
		the expenses and the compensation for the services are intended to constitute
		expenses of administration under any Bankruptcy Law.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company&#146;s obligations under this
		Section 6.07 and any lien arising hereunder shall survive the resignation or
		removal of the Trustee, the discharge of the Company&#146;s obligations
		pursuant to Article IV of this Indenture and any rejection or termination of
		this Indenture under any Bankruptcy Law.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523370"></A>Section 6.08
		</FONT><U><FONT STYLE="font-size:10pt">Replacement of Trustee</FONT></U><FONT
		STYLE="font-size:10pt">. The Trustee may resign at any time with respect to the
		Securities of one or more series by so notifying the Company and the Subsidiary
		Guarantors in writing. The Holder or Holders of a majority in principal amount
		of the outstanding Securities of a series may remove the Trustee with respect
		to Securities of such series by so notifying the Company and the Trustee in
		writing and may appoint a successor trustee with respect to Securities of such
		series with the Company&#146;s consent. The Company may remove the Trustee
		if:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Trustee fails to comply with Section
		6.10;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Trustee is adjudged bankrupt or
		insolvent;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) a receiver, custodian, or other public
		officer takes charge of the Trustee or its property; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the Trustee becomes incapable of
		acting.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If the Trustee resigns or is removed or if a
		vacancy exists in the office of Trustee, with respect to the Securities of one
		or more series, for any reason, the Company shall promptly appoint a successor
		Trustee, with respect to Securities of that or those series. Within one year
		after the successor Trustee with respect to a series of Securities takes
		office, the Holder or Holders of a majority in principal amount of the
		Securities of such series may appoint a successor Trustee with respect to such
		series to replace the successor Trustee appointed by the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A successor Trustee shall deliver a written
		acceptance of its appointment to the retiring Trustee and to the Company.
		Immediately after that and provided that all sums owing to the Trustee provided
		for in Section 6.07 have been paid, the retiring Trustee shall transfer all
		property held by it as Trustee with respect to such series of Securities to the
		successor Trustee, subject to the lien provided in Section 6.07, the
		resignation or removal of the retiring Trustee shall become effective, and the
		successor Trustee shall have all the rights, powers and duties of the Trustee
		under this Indenture. A successor Trustee with respect to one or more series of
		Securities shall mail notice of its succession to each Holder of Securities of
		that or those series.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">47</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If a successor Trustee with respect to a
		series of Securities does not take office within 60 days after the retiring
		Trustee resigns or is removed, the retiring Trustee, the Company, the
		Subsidiary Guarantors or the Holder or Holders of at least 10% in principal
		amount of the outstanding Securities of that series may petition at the expense
		of the Company any court of competent jurisdiction for the appointment of a
		successor Trustee with respect to such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If the Trustee fails to comply with Section
		6.10, any Holder of Securities of a series may petition any court of competent
		jurisdiction for the removal of the Trustee with respect to such series and the
		appointment of a successor Trustee with respect to such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notwithstanding replacement of the Trustee
		pursuant to this Section 6.08, the Company&#146;s obligations under Section
		6.07 shall continue for the benefit of the retiring Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523371"></A>Section 6.09
		S</FONT><U><FONT STYLE="font-size:10pt">uccessor Trustee by Merger,
		Etc.</FONT></U><FONT STYLE="font-size:10pt"> If the Trustee consolidates with,
		merges or converts into, or transfers all or substantially all of its corporate
		trust business to, another corporation, the resulting, surviving or transferee
		corporation without any further act shall, if such resulting, surviving or
		transferee corporation is otherwise eligible hereunder, be the successor
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523372"></A>Section 6.10
		</FONT><U><FONT STYLE="font-size:10pt">Eligibility;
		Disqualification</FONT></U><FONT STYLE="font-size:10pt">. The Trustee shall at
		all times satisfy the requirements of Trust Indenture Act Section 310(a)(1) and
		Trust Indenture Act Section 310(a)(5). The Trustee shall have a combined
		capital and surplus of at least $50,000,000 as set forth in its most recent
		published annual report of condition. The Trustee shall comply with Trust
		Indenture Act Section 310(b).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523373"></A>Section 6.11
		</FONT><U><FONT STYLE="font-size:10pt">Preferential Collection of Claims
		against Company</FONT></U><FONT STYLE="font-size:10pt">. The Trustee shall
		comply with Trust Indenture Act Section 311(a), excluding any creditor
		relationship listed in Trust Indenture Act Section 311(b). A Trustee who has
		resigned or been removed shall be subject to Trust Indenture Act Section 311(a)
		to the extent indicated.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523374"></A>ARTICLE
		VII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">HOLDERS' LISTS AND REPORTS BY TRUSTEE AND
		COMPANY</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523375"></A>Section 7.01
		</FONT><U><FONT STYLE="font-size:10pt">Company to Furnish Trustee Names and
		Addresses of Holders</FONT></U><FONT STYLE="font-size:10pt">. The Company will
		furnish or cause to be furnished to the Trustee:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) semi-annually, not more than 15 days
		after each Regular Record Date, a list for each series of Securities, in such
		form as the Trustee may reasonably require, of the names and addresses of the
		Holders of Securities of such series as of the Regular Record Date, as the case
		may be, and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) at such other times as the Trustee may
		request in writing, within 30 days after the receipt by the Company of any such
		request, a list of similar form and content as of a date not more than 15 days
		prior to the time such list is furnished;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<U><FONT STYLE="font-size:10pt">excluding</FONT></U><FONT
		STYLE="font-size:10pt"> from any such list names and addresses received by the
		Trustee in its capacity as Security Registrar.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169523376"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">48</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 7.02 </FONT><U><FONT
		STYLE="font-size:10pt">Preservation of Information; Communications to
		Holders</FONT></U><FONT STYLE="font-size:10pt">. The Trustee shall preserve, in
		as current a form as is reasonably practicable, the names and addresses of
		Holders contained in the most recent list furnished to the Trustee as provided
		in Section 7.01 and the names and addresses of Holders received by the Trustee
		in its capacity as Security Registrar. The Trustee may destroy any list
		furnished to it as provided in Section 7.01 upon receipt of a new list so
		furnished.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The rights of the Holders to communicate
		with other Holders with respect to their rights under this Indenture or under
		the Securities, and the corresponding rights and privileges of the Trustee,
		shall be as provided by the Trust Indenture Act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Every Holder of Securities, by receiving and
		holding the same, agrees with the Company, the Subsidiary Guarantors and the
		Trustee that neither the Company, the Subsidiary Guarantors nor the Trustee nor
		any agent of either of them shall be held accountable by reason of any
		disclosure of information as to names and addresses of Holders made pursuant to
		the Trust Indenture Act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523377"></A>Section 7.03
		</FONT><U><FONT
		STYLE="font-size:10pt">Reports by Trustee</FONT></U><FONT
		STYLE="font-size:10pt">. The Trustee shall transmit to Holders such reports
		concerning the Trustee and its actions under this Indenture as may be required
		pursuant to the Trust Indenture Act at the times and in the manner provided
		pursuant thereto.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A copy of each such report shall, at the
		time of such transmission to Holders, be filed by the Trustee with each stock
		exchange upon which any Securities are listed, with the Commission and with the
		Company. The Company will notify the Trustee, in writing, when any Securities
		are listed on any stock exchange or delisted therefrom.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523378"></A>Section 7.04
		</FONT><U><FONT
		STYLE="font-size:10pt">Reports by Company</FONT></U><FONT
		STYLE="font-size:10pt">. The Company and each of the Subsidiary Guarantors
		shall file with the Trustee and the Commission, and transmit to Holders, such
		information, documents and other reports, and such summaries thereof, as may be
		required pursuant to the Trust Indenture Act at the times and in the manner
		provided pursuant to the Trust Indenture Act; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		any such information, documents or reports required to be filed with the
		Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of
		1934 shall be filed with the Trustee within 15 days after the same is filed
		with the Commission. Delivery of such reports, information and documents to the
		Trustee is for informational purposes only and the Trustee&#146;s receipt of
		such shall not constitute constructive notice of any information contained
		therein or determinable from information contained therein, including the
		Company&#146;s compliance with any of its covenants hereunder (as to which the
		Trustee is entitled to rely exclusively on Officer&#146;s Certificates).</FONT>

	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523379"></A>ARTICLE
		VIII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">CONSOLIDATION, AMALGAMATION, CONVEYANCE,
		TRANSFER OR LEASE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523380"></A>Section 8.01
		</FONT><U><FONT STYLE="font-size:10pt">Company May Consolidate, Etc., Only on
		Certain Terms</FONT></U><FONT STYLE="font-size:10pt">. The Company may not, in
		a single transaction or a series of related transactions:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) consolidate or amalgamate or merge with
		or into any other Person or permit any other Person to amalgamate, consolidate
		or merge with or into the Company, or</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">49</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) directly or indirectly transfer, sell,
		lease (other than a charter or lease of a vessel in the ordinary course of
		business) or otherwise dispose of all or substantially all of its assets,
		unless:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) in a transaction in which the Company
		does not survive or in which the Company sells, leases or otherwise disposes of
		all or substantially all of its assets, the successor entity to the Company (A)
		is organized under the laws of (i) the United States or any State thereof or
		the District of Columbia, (ii) the Republic of the Marshall Islands, (iii) a
		member state of the European Union or (ix) any other country recognized by the
		United States and (B) shall expressly assume, by a supplemental indenture
		executed and delivered to the Trustee in a form reasonably satisfactory to the
		Trustee, all of the Company&#146;s obligations under the Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) immediately before and after giving
		effect to such transaction, no Default or Event of Default shall have occurred
		and be continuing; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) the Company and the successor Person
		have delivered to the Trustee an Officer&#146;s Certificate and an Opinion of
		Counsel each stating that such consolidation, amalgamation, merger, conveyance,
		lease, sale, disposition or transfer and such supplemental indenture comply
		with this Article and that all conditions precedent herein provided for
		relating to such transaction have been complied with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523381"></A>Section 8.02
		</FONT><U><FONT STYLE="font-size:10pt">Amalgamations, Mergers, Consolidations
		and Certain Sales of Assets by Subsidiary Guarantors</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) Except with respect to the Securities of
		any series whose terms permit such transactions as an asset sale, no Subsidiary
		Guarantor shall, and the Company shall not permit any Subsidiary Guarantor to,
		(i) amalgamate, consolidate or merge with or into, or (ii) directly or
		indirectly transfer, sell, lease or otherwise dispose of (other than pursuant
		to a charter or lease of a vessel in the ordinary course of business) its
		properties and assets substantially as an entirety to, any other Person (other
		than the Company or another Subsidiary Guarantor) unless, in any such
		transaction:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) in the case such Subsidiary Guarantor
		shall amalgamate, consolidate or merge with or into another Person or shall
		directly or indirectly convey, transfer or lease (other than a charter or lease
		of a vessel in the ordinary course of business) its properties and assets
		substantially as an entirety, the Person formed by such consolidation with or
		into which such Subsidiary Guarantor is amalgamated or merged, or the Person
		which acquires by transfer, sale or lease (other than a charter or lease of a
		vessel in the ordinary course of business) the properties and assets of such
		Subsidiary Guarantor substantially as an entirety (for purposes of this Article
		VIII, a &#147;Successor Subsidiary Guarantor&#148;), shall be organized under
		the laws of (i) the United States or any State thereof or the District of
		Columbia, (ii) the Republic of the Marshall Islands, (iii) a member state of
		the European Union or (iv) any other country recognized by the United
		States;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Successor Subsidiary Guarantor shall
		expressly assume by an indenture supplemental hereto executed and delivered to
		the Trustee, in form satisfactory to the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">50</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Trustee, the due and punctual payment of all
		obligations of such Subsidiary Guarantor under its Subsidiary Guarantee and the
		Indenture and the performance of every covenant of this Indenture on the part
		of such Subsidiary Guarantor to be performed or observed;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) immediately before and after giving
		effect to such transaction, no Default or Event of Default shall have occurred
		and be continuing; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) the Company has delivered to the Trustee
		an Officer&#146;s Certificate and an Opinion of Counsel, each stating that such
		consolidation, amalgamation, merger, conveyance, transfer or lease and, if a
		supplemental indenture is required in connection with such transaction, such
		supplemental indenture, complies with this Article and that all conditions
		precedent herein provided for relating to such transaction have been complied
		with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The provisions of this Section 8.02 shall
		not be applicable to any series of Securities unless, and only to the extent
		that, the terms of a particular series of Securities so provide.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523382"></A>Section 8.03
		</FONT><U><FONT STYLE="font-size:10pt">Successor Corporation
		Substituted</FONT></U><FONT STYLE="font-size:10pt">. Upon any consolidation or
		merger or any transfer of assets in accordance with Section 8.01, the surviving
		Person formed by such consolidation or into which the Company is merged or to
		which such transfer is made shall succeed to, and be substituted for, and may
		exercise every right and power of, the Company under this Indenture with the
		same effect as if such surviving Person had been named as the Company herein.
		When a surviving Person duly assumes all of the obligations of the Company
		pursuant hereto and pursuant to the Securities, the predecessor shall be
		relieved of the performance and observance of all obligations and covenants of
		this Indenture and the Securities, including but not limited to the obligation
		to make payment of the principal of (and premium, if any) and interest on all
		the Securities then outstanding, and the Company may thereupon or any time
		thereafter be liquidated and dissolved.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Except with respect to the Securities of any
		series whose terms permit such transactions as an asset sale, upon any
		consolidation, amalgamation or merger of a Subsidiary Guarantor with or into,
		or any conveyance, transfer or lease (other than a charter or lease of a vessel
		in the ordinary course of business) of the properties and assets of such
		Subsidiary Guarantor substantially as an entirety in accordance with Section
		8.02 to, a Person other than the Company or another Subsidiary Guarantor, the
		Successor Subsidiary Guarantor shall succeed to, and be substituted for, and
		may exercise every right and power of, such Subsidiary Guarantor under this
		Indenture with the same effect as if such Successor Subsidiary Guarantor had
		been named as a Subsidiary Guarantor herein, and thereafter, except in the case
		of a lease, the predecessor Subsidiary Guarantor shall be relieved of all
		obligations and covenants under this Indenture and the Securities.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523383"></A>ARTICLE
		IX</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SUPPLEMENTAL INDENTURES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523384"></A>Section 9.01
		</FONT><U><FONT STYLE="font-size:10pt">Supplemental Indentures Without Consent
		of Holders</FONT></U><FONT STYLE="font-size:10pt">. Without the consent of any
		Holders, the Company, when authorized by a Board Resolution of the Company, the
		Subsidiary Guarantors, when authorized by respective Board Resolutions of the
		Subsidiary </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">51</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Guarantors, and the Trustee, at any time and
		from time to time, may enter into one or more indentures supplemental hereto,
		in form satisfactory to the Trustee, for any of the following purposes:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) to evidence the succession of another
		Person to the Company and the assumption by any such successor of the covenants
		of the Company herein and in the Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) to add to the covenants of the Company
		for the benefit of the Holders of all or any series of Securities (and if such
		covenants are to be for the benefit of less than all series of Securities,
		stating that such covenants are expressly being included solely for the benefit
		of such series) or to surrender any right or power herein conferred upon the
		Company;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) to add any additional Events of
		Default;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) to add to or change any of the
		provisions of this Indenture to such extent as shall be necessary to permit or
		facilitate the issuance of Securities in bearer form, registrable or not
		registrable as to principal, and with or without interest coupons, or to permit
		or facilitate the issuance of Securities in uncertificated form;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) to add to, change or eliminate any of
		the provisions of this Indenture in respect of one or more series of
		Securities, </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"> that any such addition, change or elimination (A) shall
		neither (i) apply to any Security of any series created prior to the execution
		of such supplemental indenture and entitled to the benefit of such provision
		nor (ii) modify the rights of the Holder of any such Security with respect to
		such provision or (B) shall become effective only when there is no such
		Security Outstanding;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) to secure the Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) to establish the form or terms of
		Securities of any series as permitted by Sections 2.01 and 3.01;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) to comply with Section 8.01 and
		8.02;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(9) to provide for uncertificated Securities
		in addition to or in place of certificated Securities;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(10) to evidence and provide for the
		acceptance of appointment hereunder by a successor Trustee with respect to the
		Securities of one or more series and to add to or change any of the provisions
		of this Indenture as shall be necessary to provide for or facilitate the
		administration of the trusts hereunder by more than one Trustee, pursuant to
		the requirements of Section 6.11;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(11) to make provisions with respect to the
		conversion rights of Holders pursuant to the requirements of Article XV;</FONT>

	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">52</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(12) to cure any ambiguity, to correct or
		supplement any provision herein which may be defective or inconsistent with any
		other provision herein, or to make any other provisions with respect to matters
		or questions arising under this Indenture, </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		such action pursuant to this clause (9) shall not adversely affect the
		interests of the Holders of Securities of any series in any material
		respect;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(13) to add new Subsidiary Guarantors
		pursuant to Section 14.05; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(14) to conform any provision of this
		Indenture to the &#147;Description of Debt Securities&#148; contained in the
		Prospectus or any similar provision contained in any supplement to the
		Prospectus relating to an offering of debt securities under this
		Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523385"></A>Section 9.02
		</FONT><U><FONT STYLE="font-size:10pt">Supplemental Indentures with Consent of
		Holders</FONT></U><FONT STYLE="font-size:10pt">. With the consent of the
		Holders of a majority in principal amount of the Outstanding Securities of each
		series affected by such supplemental indenture, by Act of said Holders
		delivered to the Company, the Subsidiary Guarantors and the Trustee, the
		Company, when authorized by a Board Resolution of the Company, the Subsidiary
		Guarantors, when authorized by respective Board Resolutions of the Subsidiary
		Guarantors, and the Trustee may enter into an indenture or indentures
		supplemental hereto for the purpose of adding any provisions to or changing in
		any manner or eliminating any of the provisions of this Indenture or of
		modifying in any manner the rights of the Holders of Securities of such series
		under this Indenture; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that no such supplemental indenture shall, without the
		consent of the Holder of each Outstanding Security,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) change the Stated Maturity of the
		principal of, or any installment of principal of or interest on, any Security,
		or reduce the principal amount thereof or the rate of interest or the time of
		payment of interest thereon or any premium payable upon the redemption thereof,
		or reduce the amount of the principal of an Original Issue Discount Security
		that would be due and payable upon a declaration of acceleration of the
		Maturity thereof pursuant to Section 5.02, or change any Place of Payment
		where, or the coin or currency in which, any Security or any premium or
		interest thereon is payable or the right of selection thereof, or impair the
		right to institute suit for the enforcement of any such payment on or after the
		Stated Maturity thereof (or, in the case of redemption, on or after the
		Redemption Date), or adversely affect the right to convert any Security as
		provided in Article XV, or modify the provisions of this Indenture with respect
		to the ranking of the Securities in a manner adverse to the Holders;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) reduce the percentage in principal
		amount of the Outstanding Securities of any series, the consent of whose
		Holders is required for any such supplemental indenture, or the consent of
		whose Holders is required for any waiver (of compliance with certain provisions
		of this Indenture or certain defaults hereunder and their consequences)
		provided for in this Indenture;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) modify any of the provisions of this
		Section or Section 5.13, except to increase any such percentage or to provide
		that certain other provisions of this Indenture cannot be modified or waived
		without the consent of the Holder of each Outstanding Security affected
		thereby, </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		this clause shall not be deemed to require the consent of any Holder with
		respect to changes in the references to &#147;the Trustee&#148; and concomitant
		</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">53</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">changes in this Section, or the deletion of
		this proviso, in accordance with the requirements of Sections 6.08 and
		9.01(10);</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) change any obligations of ours to
		maintain an office or agency, or modify or waive the provisions of Article
		XI;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) modify or change any provision of this
		Indenture or the related definitions affecting the subordination or ranking of
		the Securities or any Subsidiary Guarantee in a manner which adversely affects
		the Holders;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) change any obligation of ours to pay
		additional amounts;</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) adversely affect the right of repayment
		or repurchase at the option of the Holder; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) reduce or postpone any sinking fund or
		similar provision.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">A supplemental indenture which changes or
		eliminates any covenant or other provision of this Indenture which has
		expressly been included solely for the benefit of one or more particular series
		of Securities, or which modifies the rights of the Holders of Securities of
		such series with respect to such covenant or other provision, shall be deemed
		not to affect the rights under this Indenture of the Holders of Securities of
		any other series.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">It shall not be necessary for any Act of
		Holders under this Section to approve the particular form of any proposed
		supplemental indenture, but it shall be sufficient if such Act shall approve
		the substance thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523386"></A>Section 9.03
		</FONT><U><FONT STYLE="font-size:10pt">Execution of Supplemental
		Indentures</FONT></U><FONT STYLE="font-size:10pt">. In executing, or accepting
		the additional trusts created by, any supplemental indenture permitted by this
		Article or the modifications thereby of the trusts created by this Indenture,
		the Trustee shall be entitled to receive, and (subject to Section 6.01) shall
		be fully protected in relying upon, an Opinion of Counsel stating that the
		execution of such supplemental indenture is authorized or permitted by this
		Indenture. The Trustee may, but shall not be obligated to, enter into any such
		supplemental indenture which affects the Trustee&#146;s own rights, duties or
		immunities under this Indenture or otherwise.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523387"></A>Section 9.04
		</FONT><U><FONT STYLE="font-size:10pt">Effect of Supplemental
		Indentures</FONT></U><FONT STYLE="font-size:10pt">. Upon the execution of any
		supplemental indenture under this Article, this Indenture shall be modified in
		accordance therewith, and such supplemental indenture shall form a part of this
		Indenture for all purposes; and every Holder of Securities theretofore or
		thereafter authenticated and delivered hereunder shall be bound thereby.</FONT>

	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523388"></A>Section 9.05
		</FONT><U><FONT STYLE="font-size:10pt">Conformity with Trust Indenture
		Act</FONT></U><FONT STYLE="font-size:10pt">. Every supplemental indenture
		executed pursuant to this Article shall conform to the requirements of the
		Trust Indenture Act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523389"></A>Section 9.06
		</FONT><U><FONT STYLE="font-size:10pt">Reference in Securities to Supplemental
		Indentures</FONT></U><FONT STYLE="font-size:10pt">. Securities of any series
		authenticated and delivered after the execution of any supplemental indenture
		pursuant to this Article may, and shall if required by the Trustee, bear a
		notation in form approved by the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">54</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Trustee as to any matter provided for in
		such supplemental indenture. If the Company and the Subsidiary Guarantors shall
		so determine, new Securities of any series so modified as to conform, in the
		opinion of the Trustee, the Company and the Subsidiary Guarantors, to any such
		supplemental indenture may be prepared and executed by the Company, and the
		Subsidiary Guarantees endorsed thereon may be executed by the Subsidiary
		Guarantors and authenticated and delivered by the Trustee in exchange for
		Outstanding Securities of such series.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523390"></A>ARTICLE
		X</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">COVENANTS</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523391"></A>Section 10.01
		</FONT><U><FONT STYLE="font-size:10pt">Payment of Securities</FONT></U><FONT
		STYLE="font-size:10pt">. The Company covenants and agrees for the benefit of
		each series of Securities that it will pay the principal of and interest on the
		Securities of that series on the dates and in the manner provided in the
		Securities of that series and this Indenture. An installment of principal,
		premium, if any, or interest on the Securities shall be considered paid on the
		date it is due if the Trustee or Paying Agent (other than the Company or an
		Affiliate of the Company) holds for the benefit of the Holders, on that date,
		immediately available funds deposited and designated for and sufficient to pay
		the installment.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company shall pay interest on overdue
		principal and on overdue installments of interest at the rate specified in the
		Securities compounded semi-annually, to the extent lawful.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523392"></A>Section 10.02
		</FONT><U><FONT STYLE="font-size:10pt">Maintenance of Office or
		Agency</FONT></U><FONT STYLE="font-size:10pt">. The Company shall maintain in
		the Place of Payment for any series of Securities, an office or agency where
		Securities of that series may be presented or surrendered for payment, where
		Securities of that series may be surrendered for registration of transfer or
		exchange, where Securities of any series that is convertible may be surrendered
		for conversion, and where notices and demands to or upon the Company or any
		Subsidiary Guarantor in respect of the Securities of that series, any
		Subsidiary Guarantees endorsed thereon and this Indenture may be served. The
		Company and the Subsidiary Guarantors will give prompt written notice to the
		Trustee of the location, and any change in the location, of such office or
		agency. If at any time the Company or any Subsidiary Guarantor shall fail to
		maintain any such required office or agency or shall fail to furnish the
		Trustee with the address thereof, such presentations, surrenders, notices and
		demands may be made or served at the Corporate Trust Office of the Trustee, and
		each of the Company and each Subsidiary Guarantor hereby appoints the Trustee
		as its agent to receive all such presentations, surrenders, notices and
		demands.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may also from time to time
		designate one or more other offices or agencies where the Securities of one or
		more series may be presented or surrendered for any or all such purposes and
		may from time to time rescind such designations; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that no such designation or rescission shall in any
		manner relieve the Company of its obligation to maintain an office or agency in
		each Place of Payment for Securities of any series for such purposes. The
		Company shall give prompt written notice to the Trustee of any such designation
		or rescission and of any change in the location of any such other office or
		agency. The Company hereby initially designates the principal corporate trust
		office of the Trustee as such office of the Company.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169523393"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">55</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 10.03 </FONT><U><FONT
		STYLE="font-size:10pt">Money for Securities Payments to Be Held in
		Trust</FONT></U><FONT STYLE="font-size:10pt">. If the Company shall at any time
		act as its own Paying Agent with respect to any series of Securities, it will,
		on or before each due date of the principal of or any premium or interest on
		any of the Securities of that series, segregate and hold in trust for the
		benefit of the Persons entitled thereto a sum sufficient to pay the principal
		and any premium and interest so becoming due until such sums shall be paid to
		such Persons or otherwise disposed of as herein provided and will promptly
		notify the Trustee of its action or failure so to act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Whenever the Company shall have one or more
		Paying Agents for any series of Securities, it will, on or prior to each due
		date of the principal of or any premium or interest on any Securities of that
		series, deposit with a Paying Agent a sum sufficient to pay such amount, such
		sum to be held as provided by the Trust Indenture Act, and (unless such Paying
		Agent is the Trustee) the Company will promptly notify the Trustee of its
		action or failure so to act.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company will cause each Paying Agent for
		any series of Securities other than the Trustee to execute and deliver to the
		Trustee an instrument in which such Paying Agent shall agree with the Trustee,
		subject to the provisions of this Section, that such Paying Agent will (1)
		comply with the provisions of the Trust Indenture Act applicable to it as a
		Paying Agent and (2) during the continuance of any default by the Company (or
		any other obligor upon the Securities of that series) in the making of any
		payment in respect of the Securities of that series, upon the written request
		of the Trustee, forthwith pay to the Trustee all sums held in trust by such
		Paying Agent for payment in respect of the Securities of that series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company may at any time, for the purpose
		of obtaining the satisfaction and discharge of this Indenture or for any other
		purpose, pay, or by Company Order direct any Paying Agent to pay, to the
		Trustee all sums held in trust by the Company or such Paying Agent, such sums
		to be held by the Trustee upon the same trusts as those upon which such sums
		were held by the Company or such Paying Agent; and, upon such payment by any
		Paying Agent to the Trustee, such Paying Agent shall be released from all
		further liability with respect to such money.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Any money deposited with the Trustee or any
		Paying Agent, or then held by the Company, in trust for the payment of the
		principal of or any premium or interest on any Security of any series and
		remaining unclaimed for two years after such principal, premium or interest has
		become due and payable shall be paid to the Company on Company Request, or (if
		then held by the Company) shall be discharged from such trust; and the Holder
		of such Security shall thereafter, as an unsecured general creditor, look only
		to the Company for payment thereof, and all liability of the Trustee or such
		Paying Agent with respect to such trust money, and all liability of the Company
		as trustee thereof, shall thereupon cease; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt"></FONT><I><FONT STYLE="font-size:10pt">,</FONT></I><FONT
		STYLE="font-size:10pt"> </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that
		the Trustee or such Paying Agent, before being required to make any such
		repayment, may at the expense of the Company cause to be published once, in a
		newspaper published in the English language, customarily published on each
		Business Day and of general circulation in New York City, notice that such
		money remains unclaimed and that, after a date specified therein, which shall
		not be less than 30 days from the date of such publication, any unclaimed
		balance of such money then remaining will be repaid to the Company.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169523394"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">56</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 10.04 </FONT><U><FONT
		STYLE="font-size:10pt">Corporate Existence</FONT></U><FONT
		STYLE="font-size:10pt">. Subject to Article VIII, the Company shall do or cause
		to be done all things necessary to preserve and keep in full force and effect
		its corporate existence in accordance with the respective organizational
		documents of each of them and the rights (charter and statutory) and corporate
		franchises of the Company and each of its Subsidiaries; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that the Company shall not be required to preserve,
		with respect to itself, any right or franchise, and with respect to any of its
		Subsidiaries, any such existence, right or franchise, if (a) the Board of
		Directors of the Company shall determine that the preservation thereof is no
		longer desirable in the conduct of the business of the Company and (b) the loss
		thereof is not disadvantageous in any material respect to the Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523395"></A>Section 10.05
		</FONT><U><FONT STYLE="font-size:10pt">Compliance Certificate; Notice of
		Default</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) The Company shall deliver to the Trustee
		annually an Officer&#146;s Certificate complying with Section 314(a)(4) of the
		Trust Indenture Act and stating that a review of its activities and the
		activities of its Subsidiaries during the preceding fiscal year has been made
		under the supervision of the signing officers with a view to determining
		whether the Company has kept, observed, performed and fulfilled its obligations
		under this Indenture (all without regard to periods of grace, which shall be
		deemed fulfilled unless and until the expiration of such periods, or notice
		requirements) and further stating, as to each such officer signing such
		certificate, whether or not the signer knows of any failure by the Company or
		any Subsidiary of the Company to comply with any conditions or covenants in
		this Indenture and, if such signer does know of such a failure to comply, the
		certificate shall describe such failure with particularity. The Officer&#146;s
		Certificate shall also notify the Trustee should the relevant fiscal year end
		on any date other than the current fiscal year end date.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) The Company shall, so long as any of the
		Securities of any series are outstanding, deliver to the Trustee, immediately
		upon becoming aware of any Event of Default with respect to such series under
		this Indenture, an Officer&#146;s Certificate specifying such Event of Default
		and what action the Company is taking or proposes to take with respect thereto.
		The Trustee shall not be deemed to have knowledge of an Event of Default unless
		one of its Responsible Officers receives notice of the Event of Default from
		the Company or any of the Holders.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523396"></A>ARTICLE
		XI</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">REDEMPTION OF SECURITIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523397"></A>Section 11.01
		</FONT><U><FONT STYLE="font-size:10pt">Applicability of Article</FONT></U><FONT
		STYLE="font-size:10pt">. Securities of any series which are redeemable before
		their Stated Maturity shall be redeemable in accordance with their terms and
		(except as otherwise specified as contemplated by Section 3.01 for Securities
		of any series) in accordance with this Article.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523398"></A>Section 11.02
		</FONT><U><FONT STYLE="font-size:10pt">Election to Redeem; Notice to
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. The election of the Company to
		redeem any Securities shall be evidenced by a Board Resolution. In case of any
		redemption at the election of the Company of less than all the Securities of
		any series, the Company shall, at least 60 days prior to the Redemption Date
		fixed by the Company (unless a shorter notice shall be satisfactory to the
		Trustee), notify the Trustee of such Redemption Date, of the principal </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">57</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">amount of Securities of such series to be
		redeemed and, if applicable, of the tenor of the Securities to be redeemed. In
		the case of any redemption of Securities prior to the expiration of any
		restriction on such redemption provided in the terms of such Securities or
		elsewhere in this Indenture, the Company shall furnish the Trustee with an
		Officer&#146;s Certificate evidencing compliance with such restriction.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523399"></A>Section 11.03
		</FONT><U><FONT STYLE="font-size:10pt">Selection by Trustee of Securities to Be
		Redeemed</FONT></U><FONT STYLE="font-size:10pt">. If less than all the
		Securities of any series are to be redeemed (unless all of the Securities of
		such series and of a specified tenor are to be redeemed), the particular
		Securities to be redeemed shall be selected not more than 60 days prior to the
		Redemption Date by the Trustee from the Outstanding Securities of such series
		not previously called for redemption, by such method as the Trustee shall deem
		fair and appropriate and which may provide for the selection for redemption of
		portions (equal to the minimum authorized denomination for Securities of that
		series or any integral multiple thereof) of the principal amount of Securities
		of such series of a denomination larger than the minimum authorized
		denomination for Securities of that series. If less than all of the Securities
		of such series and of a specified tenor are to be redeemed, the particular
		Securities to be redeemed shall be selected not more than 60 days prior to the
		Redemption Date by the Trustee from the Outstanding Securities of such series
		and specified tenor not previously called for redemption in accordance with the
		preceding sentence.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any Security selected for partial
		redemption is converted in part before termination of the conversion right with
		respect to the portion of the Security so selected, the converted portion of
		such Security shall be deemed (so far as may be) to be the portion selected for
		redemption. Securities which have been converted during a selection of
		Securities to be redeemed shall be treated by the Trustee as Outstanding for
		the purpose of such selection.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Trustee shall promptly notify the
		Company in writing of the Securities selected for redemption and, in the case
		of any Securities selected for partial redemption, the principal amount thereof
		to be redeemed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For all purposes of this Indenture, unless
		the context otherwise requires, all provisions relating to the redemption of
		Securities shall relate, in the case of any Securities redeemed or to be
		redeemed only in part, to the portion of the principal amount of such
		Securities which has been or is to be redeemed.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523400"></A>Section 11.04
		</FONT><U><FONT STYLE="font-size:10pt">Notice of Redemption</FONT></U><FONT
		STYLE="font-size:10pt">. Notice of redemption shall be delivered electronically
		or by first-class mail, postage prepaid, mailed not less than 30 nor more than
		60 days prior to the Redemption Date, to each Holder of Securities to be
		redeemed, at his address appearing in the Security Register.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">All notices of redemption shall
		state:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) the Redemption Date,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) the Redemption Price,</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">58</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) if less than all the Outstanding
		Securities of any series are to be redeemed, the identification (and, in the
		case of partial redemption of any Securities, the principal amounts) of the
		particular Securities to be redeemed,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) that on the Redemption Date the
		Redemption Price will become due and payable upon each such Security to be
		redeemed and, if applicable, that interest thereon will cease to accrue on and
		after said date,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) in the case of any Securities that are
		convertible pursuant to Article XV, the conversion price or rate, the date on
		which the right to convert the principal of the Securities to be redeemed will
		terminate and the place or places where such Securities may be surrendered for
		conversion,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) the place or places where such
		Securities are to be surrendered for payment of the Redemption Price,</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) that the redemption is for a sinking
		fund, if such is the case, and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) applicable CUSIP Numbers.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Notice of redemption of Securities to be
		redeemed at the election of the Company shall be given by the Company or, at
		the Company&#146;s request, by the Trustee in the name and at the expense of
		the Company and shall be irrevocable.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523401"></A>Section 11.05
		</FONT><U><FONT STYLE="font-size:10pt">Deposit of Redemption
		Price</FONT></U><FONT STYLE="font-size:10pt">. Prior to any Redemption Date,
		the Company shall deposit with the Trustee or with a Paying Agent an amount of
		money sufficient to pay the Redemption Price of, and (except if the Redemption
		Date shall be an Interest Payment Date) accrued interest on, all the Securities
		which are to be redeemed on that date other than any Securities called for
		redemption on that date which have been converted prior to the date of such
		deposit.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any Security called for redemption is
		converted, any money deposited with the Trustee or with any Paying Agent or so
		segregated and held in trust for the redemption of such Security shall (subject
		to any right of the Holder of such Security or any Predecessor Security to
		receive interest as provided in the last paragraph of Section 3.07) be paid to
		the Company upon Company Request or, if then held by the Company, shall be
		discharged from such trust.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523402"></A>Section 11.06
		</FONT><U><FONT STYLE="font-size:10pt">Securities Payable on Redemption
		Date</FONT></U><FONT STYLE="font-size:10pt">. Notice of redemption having been
		given as aforesaid, the Securities so to be redeemed shall, on the Redemption
		Date, become due and payable at the Redemption Price therein specified, and
		from and after such date (unless the Company shall default in the payment of
		the Redemption Price and accrued interest) such Securities shall cease to bear
		interest. Upon surrender of any such Security for redemption in accordance with
		said notice, such Security shall be paid by the Company at the Redemption
		Price, together with accrued interest to the Redemption Date; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that, unless otherwise specified as contemplated by
		Section 3.01, installments of interest whose Stated Maturity is on or prior to
		the Redemption Date shall be payable to the Holders of such Securities, or one
		or more Predecessor Securities, registered as such at the close of business on
		the relevant Record Dates according to their terms and the provisions of
		Section 3.07.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">59</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">If any Security called for redemption shall
		not be so paid upon surrender thereof for redemption, the principal and any
		premium shall, until paid, bear interest from the Redemption Date at the rate
		prescribed therefor in the Security.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523403"></A>ARTICLE
		XII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SINKING FUNDS</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523404"></A>Section 12.01
		</FONT><U><FONT STYLE="font-size:10pt">Applicability of Article</FONT></U><FONT
		STYLE="font-size:10pt">. The provisions of this Article shall be applicable to
		any sinking fund for the retirement of Securities of a series except as
		otherwise specified as contemplated by Section 3.01 for Securities of such
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The minimum amount of any sinking fund
		payment provided for by the terms of Securities of any series is herein
		referred to as a &#147;mandatory sinking fund payment&#148;, and any payment in
		excess of such minimum amount provided for by the terms of Securities of any
		series is herein referred to as an &#147;optional sinking fund payment&#148;.
		If provided for by the terms of Securities of any series, the cash amount of
		any sinking fund payment may be subject to reduction as provided in Section
		12.02. Each sinking fund payment shall be applied to the redemption of
		Securities of any series as provided for by the terms of Securities of such
		series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523405"></A>Section 12.02
		</FONT><U><FONT STYLE="font-size:10pt">Satisfaction of Sinking Fund Payments
		with Securities</FONT></U><FONT STYLE="font-size:10pt">. The Company
		(1)&nbsp;may deliver Outstanding Securities of a series (other than any
		Securities previously called for redemption) and (2) may apply as a credit
		Securities of a series which have been converted pursuant to Article XV or
		which have been redeemed either at the election of the Company pursuant to the
		terms of such Securities or through the application of permitted optional
		sinking fund payments pursuant to the terms of such Securities, in each case in
		satisfaction of all or any part of any sinking fund payment with respect to the
		Securities of such series required to be made pursuant to the terms of such
		Securities as provided for by the terms of such series; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt"> that
		such Securities have not been previously so credited. Such Securities shall be
		received and credited for such purpose by the Trustee at the Redemption Price
		specified in such Securities for redemption through operation of the sinking
		fund and the amount of such sinking fund payment shall be reduced
		accordingly.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523406"></A>Section 12.03
		</FONT><U><FONT STYLE="font-size:10pt">Redemption of Securities for Sinking
		Fund</FONT></U><FONT STYLE="font-size:10pt">. Not less than 60 days prior to
		each sinking fund payment date for any series of Securities, the Company will
		deliver to the Trustee an Officer&#146;s Certificate specifying the amount of
		the next ensuing sinking fund payment for that series pursuant to the terms of
		that series, the portion thereof, if any, which is to be satisfied by payment
		of cash and the portion thereof, if any, which is to be satisfied by delivering
		and crediting Securities of that series pursuant to Section 12.02, and will
		also deliver to the Trustee any Securities to be so delivered. Not less than 30
		days before each such sinking fund payment date the Trustee shall select the
		Securities to be redeemed upon such sinking fund payment date in the manner
		specified in Section 11.03 and cause notice of the redemption thereof to be
		given in the name of and at the expense of the Company in the manner provided
		in Section 11.04. Such notice having been duly given, the redemption of such
		Securities shall be made upon the terms and in the manner stated in Section
		11.06.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169523407"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">60</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">ARTICLE XIII</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">DEFEASANCE AND COVENANT
		DEFEASANCE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523408"></A>Section 13.01
		</FONT><U><FONT STYLE="font-size:10pt">Company&#146;s Option to Effect
		Defeasance or Covenant Defeasance</FONT></U><FONT STYLE="font-size:10pt">. The
		Company may elect, at its option by Board Resolution at any time, to have
		either Section 13.02 or Section 13.03 applied to the Outstanding Securities of
		any series designated pursuant to Section 3.01 as being defeasible pursuant to
		this Article XIII (hereinafter called a &#147;Defeasible Series&#148;), upon
		compliance with the conditions set forth below in this Article XIII; provided
		that Section 13.02 shall not apply to any series of Securities that is
		convertible into Common Stock as provided in Article XV or convertible into or
		exchangeable for any other securities pursuant to Section 3.01(18).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523409"></A>Section 13.02
		</FONT><U><FONT STYLE="font-size:10pt">Defeasance and Discharge</FONT></U><FONT
		STYLE="font-size:10pt">. Upon the Company&#146;s exercise of the option
		provided in Section 13.01 to have this Section 13.02 applied to the Outstanding
		Securities of any Defeasible Series, the Company shall be deemed to have been
		discharged from its obligations, and the provisions of Article XIV shall cease
		to be effective, with respect to the Outstanding Securities of such series and
		the Subsidiary Guarantors shall be deemed to have been discharged from their
		obligations with respect to their Subsidiary Guarantees for such Outstanding
		Securities, as provided in this Section on and after the date the conditions
		set forth in Section 13.04 are satisfied (hereinafter called
		&#147;Defeasance&#148;) and the Trustee shall deliver to the Company and the
		Subsidiary Guarantors appropriate instruments of satisfaction, discharge and
		release. For this purpose, such Defeasance means that the Company shall be
		deemed to have paid and discharged the entire indebtedness represented by the
		Outstanding Securities of such series and to have satisfied all its other
		obligations under the Securities of such series and this Indenture, and the
		Subsidiary Guarantors shall be deemed to have satisfied all of their
		obligations under their Subsidiary Guarantees and this Indenture insofar as the
		Securities of such series are concerned (and the Trustee, at the expense of the
		Company, shall execute proper instruments acknowledging the same), subject to
		the following which shall survive until otherwise terminated or discharged
		hereunder: (1) the rights of Holders of Securities of such series to receive,
		solely from the trust fund described in Section 13.04 and as more fully set
		forth in such Section, payments in respect of the principal of and any premium
		and interest on such Securities of such series when payments are due, (2) the
		Company&#146;s obligations with respect to the Securities of such series under
		Sections 3.04, 3.05, 3.06, 10.02 and 10.03, (3) the rights, powers, trusts,
		duties and immunities of the Trustee hereunder and (4) this Article XIII.
		Subject to compliance with this Article XIII, the Company may exercise its
		option provided in Section 13.01 to have this Section 13.02 applied to the
		Outstanding Securities of any Defeasible Series notwithstanding the prior
		exercise of its option provided in Section 13.01 to have Section 13.03 applied
		to the Outstanding Securities of such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523410"></A>Section 13.03
		</FONT><U><FONT STYLE="font-size:10pt">Covenant Defeasance</FONT></U><FONT
		STYLE="font-size:10pt">. Upon the Company&#146;s exercise of the option
		provided in Section 13.01 to have this Section 13.03 applied to the Outstanding
		Securities of any Defeasible Series, (1) the Company shall be released from its
		obligations under Section 8.01 and Section 10.04 and the Subsidiary Guarantors
		shall be released from their obligations under Section 8.02 and Article XIV,
		and (2) the occurrence of any event specified in Sections 5.01(3), 5.01(5)
		(with respect to any of Sections 8.01, 8.02 and 10.04), 5.01(6) and 5.01(9)
		shall be deemed not to be or result in an Event of Default and (3) the
		provisions of Article XIV shall </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">61</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">cease to be effective, in each case with
		respect to the Outstanding Securities of such series as provided in this
		Section on and after the date the conditions set forth in Section 13.04 are
		satisfied (hereinafter called &#147;Covenant Defeasance&#148;). For this
		purpose, such Covenant Defeasance means that the Company may omit to comply
		with and shall have no liability in respect of any term, condition or
		limitation set forth in any such specified Section (to the extent so specified
		in the case of Section 5.01(5)), whether directly or indirectly by reason of
		any reference elsewhere herein to any such Section or by reason of any
		reference in any such Section to any other provision herein or in any other
		document, but the remainder of this Indenture and the Securities of such series
		shall be unaffected thereby. In addition, Covenant Defeasance means that each
		Subsidiary Guarantor, if any, shall be released from its obligations under its
		Subsidiary Guarantee to the extent that the Company is released from its
		obligations under this Indenture.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523411"></A>Section 13.04
		</FONT><U><FONT STYLE="font-size:10pt">Conditions to Defeasance or Covenant
		Defeasance</FONT></U><FONT STYLE="font-size:10pt">. The following shall be the
		conditions to application of either Section 13.02 or Section 13.03 to the
		Outstanding Securities of any Defeasible Series:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) The Company shall irrevocably have
		deposited or caused to be deposited with the Trustee (or another trustee that
		satisfies the requirements contemplated by Section 6.09 and agrees to comply
		with the provisions of this Article XIV applicable to it) as trust funds in
		trust for the purpose of making the following payments, specifically pledged as
		security for, and dedicated solely to, the benefit of the Holders of
		Outstanding Securities of such series, (A) money in an amount, or (B) U.S.
		Government Obligations that through the scheduled payment of principal and
		interest in respect thereof in accordance with their terms will provide, not
		later than one day before the due date of any payment, money in an amount, or
		(C) a combination thereof, in each case sufficient, in the opinion of a
		nationally recognized firm of independent public accountants expressed in a
		written certification thereof delivered to the Trustee, to pay and discharge,
		and which shall be applied by the Trustee (or any such other qualifying
		trustee) to pay and discharge, the principal of and any premium and interest on
		the Securities of such series on the respective Stated Maturities, in
		accordance with the terms of this Indenture and the Securities of such series.
		As used herein, &#147;U.S. Government Obligation&#148; means (x) any security
		that is (i) a direct obligation of the United States of America for the payment
		of which full faith and credit of the United States of America is pledged or
		(ii) an obligation of a Person controlled or supervised by and acting as an
		agency or instrumentality of the United States of America the payment of which
		is unconditionally guaranteed as a full faith and credit obligation by the
		United States of America, which, in either case (i) or (ii), is not callable or
		redeemable at the option of the issuer thereof, and (y) any depositary receipt
		issued by a bank (as defined in Section 3(a)(2) of the Securities Act of 1933,
		as amended) as custodian with respect to any U.S. Government Obligation
		specified in Clause (x) and held by such custodian for the account of the
		holder of such depositary receipt, or with respect to any specific payment of
		principal of or interest on any such U.S. Government Obligation, provided that
		(except as required by law) such custodian is not authorized to make any
		deduction from the amount payable to the holder of such depositary receipt from
		any amount received by the custodian in respect of the U.S. Government
		Obligation or the specific payment of principal or interest evidenced by such
		depositary receipt.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">62</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) In the case of an election under Section
		13.02, the Company shall have delivered to the Trustee an Opinion of Counsel
		stating that (A) the Company has received from, or there has been published by,
		the Internal Revenue Service a ruling or (B) since the date first set forth
		hereinabove, there has been a change in the applicable Federal income tax law,
		in either case (A) or (B) to the effect that, and based thereon such opinion
		shall confirm that, the Holders of the Outstanding Securities of such series
		will not recognize gain or loss for Federal income tax purposes as a result of
		the deposit, Defeasance and discharge to be effected with respect to the
		Securities of such series and will be subject to Federal income tax on the same
		amount, in the same manner and at the same times as would be the case if such
		deposit, Defeasance and discharge were not to occur.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) In the case of an election under Section
		13.03, the Company shall have delivered to the Trustee an Opinion of Counsel to
		the effect that the Holders of the Outstanding Securities of such series will
		not recognize gain or loss for Federal income tax purposes as a result of the
		deposit and Covenant Defeasance to be effected with respect to the Securities
		of such series and will be subject to Federal income tax on the same amount, in
		the same manner and at the same times as would be the case if such deposit and
		Covenant Defeasance were not to occur.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) No Event of Default or event that (after
		notice or lapse of time or both) would become an Event of Default shall have
		occurred and be continuing at the time of such deposit or, with regard to any
		Event of Default or any such event specified in Sections 5.01(7) and (8), at
		any time on or prior to the 90th day after the date of such deposit (it being
		understood that this condition shall not be deemed satisfied until after such
		90th day).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) Such Defeasance or Covenant Defeasance
		shall not result in a breach or violation of, or constitute a default under,
		any other agreement or instrument to which the Company is a party or by which
		it is bound.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) No event or condition shall exist that,
		pursuant to the provisions of Article XIV, would prevent the Company from
		making payments of the principal of (and any premium) or interest on the
		Securities of such series on the date of such deposit or at any time on or
		prior to the 90th day after the date of such deposit (it being understood that
		this condition shall not be deemed satisfied until such 90th day shall have
		ended).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) The Company shall have delivered to the
		Trustee an Officer&#146;s Certificate and an Opinion of Counsel, each stating
		that all conditions precedent with respect to such Defeasance or Covenant
		Defeasance have been complied with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523412"></A>Section 13.05
		</FONT><U><FONT STYLE="font-size:10pt">Deposited Money and U.S. Government
		Obligations to be Held in Trust; Other Miscellaneous Provisions</FONT></U><FONT
		STYLE="font-size:10pt">. All money and U.S. Government Obligations (including
		the proceeds thereof) deposited with the Trustee or other qualifying trustee
		(solely for purposes of this Section and Section 13.06, the Trustee and any
		such other trustee are referred to collectively as the &#147;Trustee&#148;)
		pursuant to Section 13.04 in respect of the Securities of any Defeasible Series
		shall be held in trust and applied by the Trustee, in accordance with the
		provisions of the Securities of such series and this Indenture, to the payment,
		either directly or through any such Paying Agent (including the Company acting
		as its own Paying Agent) as the Trustee may </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">63</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">determine, to the Holders of Securities of
		such series, of all sums due and to become due thereon in respect of principal
		and any premium and interest, but money so held in trust need not be segregated
		from other funds except to the extent required by law.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Company and the Subsidiary Guarantors
		(on a joint and several basis) shall pay and indemnify the Trustee against any
		tax, fee or other charge imposed on or assessed against the U.S. Government
		Obligations deposited pursuant to Section 13.04 or the principal and interest
		received in respect thereof other than any such tax, fee or other charge that
		by law is for the account of the Holders of Outstanding Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Anything in this Article XIII to the
		contrary notwithstanding, the Trustee shall deliver or pay to the Company from
		time to time upon Company Request any money or U.S. Government Obligations held
		by it as provided in Section 13.04 with respect to Securities of any Defeasible
		Series that, in the opinion of a nationally recognized firm of independent
		public accountants expressed in a written certification thereof delivered to
		the Trustee, are in excess of the amount thereof that would then be required to
		be deposited to effect an equivalent Defeasance or Covenant Defeasance with
		respect to the Securities of such series.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523413"></A>Section 13.06
		</FONT><U><FONT STYLE="font-size:10pt">Reinstatement</FONT></U><FONT
		STYLE="font-size:10pt">. If the Trustee or the Paying Agent is unable to apply
		any money in accordance with this Article XIII with respect to the Securities
		of any series by reason of any order or judgment of any court or governmental
		authority enjoining, restraining or otherwise prohibiting such application,
		then the Company&#146;s obligations under this Indenture and the Securities of
		such series and such Subsidiary Guarantor&#146;s obligation under its
		Subsidiary Guarantee and this Indenture shall be revived and reinstated as
		though no deposit had occurred pursuant to this Article XIII with respect to
		Securities of such series until such time as the Trustee or Paying Agent is
		permitted to apply all money held in trust pursuant to Section 13.05 with
		respect to Securities of such series in accordance with this Article XIII;
		</FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that if
		the Company or a Subsidiary Guarantor makes any payment of principal of or any
		premium or interest on any Security of such series following the reinstatement
		of its obligations, the Company or the Subsidiary Guarantor, as the case may
		be, shall be subrogated to the rights of the Holders of Securities of such
		series to receive such payment from the money so held in trust.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523414"></A>ARTICLE
		XIV</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SUBSIDIARY GUARANTEE</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523415"></A>Section 14.01
		</FONT><U><FONT STYLE="font-size:10pt">Subsidiary Guarantee</FONT></U><FONT
		STYLE="font-size:10pt">. Each of the Subsidiary Guarantors hereby jointly and
		severally unconditionally Guarantees to each Holder of a Security of a series
		as to which it is a Subsidiary Guarantor authenticated and delivered by the
		Trustee, and to the Trustee on behalf of such Holder, the due and punctual
		payment of the principal of (and premium, if any) and interest on such Security
		when and as the same shall become due and payable, whether at the Stated
		Maturity, by acceleration, call for redemption, purchase or otherwise, in
		accordance with the terms of such Security and of this Indenture. In case of
		the failure of the Company punctually to make any such payment, each of the
		Subsidiary Guarantors hereby jointly and severally agrees to cause such payment
		to be made punctually when and as the same shall become due and </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">64</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">payable, whether at the Stated Maturity or
		by acceleration, call for redemption, purchase or otherwise, and as if such
		payment were made by the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each of the Subsidiary Guarantors hereby
		jointly and severally agrees that its obligations hereunder shall be
		unconditional, irrespective of the validity, regularity or enforceability of
		such Security or this Indenture, the absence of any action to enforce the same,
		any exchange, release or non-perfection of any Lien on any collateral for, or
		any release or amendment or waiver of any term of any other Guarantee of, or
		any consent to departure from any requirement of any other Guarantee of all or
		any of the Securities, the election by the Trustee or any of the Holders in any
		proceeding under Chapter 11 of Title 11 of the United States Code (the
		&#147;Bankruptcy Code&#148;) of the application of Section 1111(b)(2) of the
		Bankruptcy Code, any borrowing or grant of a security interest by the Company,
		as debtor-in-possession, under Section 364 of the Bankruptcy Code, the
		disallowance, under Section 502 of the Bankruptcy Code, of all or any portion
		of the claims of the Trustee or any of the Holders for payment of any of the
		Securities, any waiver or consent by the Holder of such Security or by the
		Trustee with respect to any provisions thereof or of this Indenture, the
		obtaining of any judgment against the Company or any action to enforce the same
		or any other circumstances which might otherwise constitute a legal or
		equitable discharge or defense of a guarantor. Each of the Subsidiary
		Guarantors hereby waives the benefits of diligence, presentment, demand for
		payment, any requirement that the Trustee or any of the Holders protect,
		secure, perfect or insure any security interest in or other Lien on any
		property subject thereto or exhaust any right or take any action against the
		Company or any other Person or any collateral, filing of claims with a court in
		the event of insolvency or bankruptcy of the Company, any right to require a
		proceeding first against the Company, protest or notice with respect to such
		Security or the Indebtedness evidenced thereby and all demands whatsoever, and
		covenants that this Subsidiary Guarantee will not be discharged in respect of
		such Security except by complete performance of the obligations contained in
		such Security and in this Subsidiary Guarantee. Each of the Subsidiary
		Guarantors hereby agrees that, in the event of a default in payment of
		principal (or premium, if any) or interest on such Security, whether at their
		Stated Maturity, by acceleration, call for redemption, purchase or otherwise,
		legal proceedings may be instituted by the Trustee on behalf of, or by, the
		Holder of such Security, subject to the terms and conditions set forth in this
		Indenture, directly against each of the Subsidiary Guarantors to enforce this
		Subsidiary Guarantee without first proceeding against the Company. Each
		Subsidiary Guarantor agrees that if, after the occurrence and during the
		continuance of an Event of Default with respect to the Securities of the series
		as to which it is a Subsidiary Guarantor, the Trustee or any of the Holders are
		prevented by applicable law from exercising their respective rights to
		accelerate the maturity of the Securities of such series, to collect interest
		on the Securities of such series, or to enforce or exercise any other right or
		remedy with respect to the Securities of such series, or the Trustee or the
		Holders are prevented from taking any action to realize on any collateral, such
		Subsidiary Guarantor agrees to pay to the Trustee for the account of the
		Holders, upon demand therefor, the amount that would otherwise have been due
		and payable had such rights and remedies been permitted to be exercised by the
		Trustee or any of the Holders.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The indebtedness evidenced by each
		Subsidiary Guarantee of a Subsidiary Guarantor is, to the extent provided in
		this Indenture, subordinate and subject in right of payment to the prior
		payment in full of all Senior Indebtedness of such Subsidiary Guarantor, and
		the Subsidiary Guarantees are issued subject to the provisions of this
		Indenture with respect thereto. Each </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">65</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Holder of such Security, by accepting the
		same, (a) agrees to and shall be bound by such provisions, (b) authorizes and
		directs the Trustee on his behalf to take such action as may be necessary or
		appropriate to effectuate the subordination so provided and (c) appoints the
		Trustee his attorney-in-fact for any and all such purposes.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Subsidiary Guarantor shall be
		subrogated to all rights of the Holders of the Securities upon which its
		Subsidiary Guarantee is endorsed against the Company in respect of any amounts
		paid by such Subsidiary Guarantor on account of such Security pursuant to the
		provisions of its Subsidiary Guarantee or this Indenture; </FONT><U><FONT STYLE="font-size:10pt">provided</FONT></U><FONT
		STYLE="font-size:10pt">, </FONT><U><FONT
		STYLE="font-size:10pt">however</FONT></U><FONT STYLE="font-size:10pt">, that no
		Subsidiary Guarantor shall be entitled to enforce or to receive any payments
		arising out of, or based upon, such right of subrogation until the principal of
		(and premium, if any) and interest on all Securities issued hereunder as to
		which such Subsidiary Guarantor is a Subsidiary Guarantor shall have been paid
		in full.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Each Subsidiary Guarantee shall remain in
		full force and effect and continue to be effective should any petition be filed
		by or against the Company for liquidation or reorganization, should the Company
		become insolvent or make an assignment for the benefit of creditors or should a
		receiver or trustee be appointed for all or any significant part of the
		Company&#146;s assets, and shall, to the fullest extent permitted by law,
		continue to be effective or be reinstated, as the case may be, if at any time
		payment and performance of the Securities is, pursuant to applicable law,
		rescinded or reduced in amount, or must otherwise be restored or returned by
		any obligee on the Securities, whether as a &#147;voidable preference,&#148;
		&#147;fraudulent transfer,&#148; or otherwise, all as though such payment or
		performance had not been made. In the event that any payment, or any part
		thereof, is rescinded, reduced, restored or returned, the Securities shall, to
		the fullest extent permitted by law, be reinstated and deemed reduced only by
		such amount paid and not so rescinded, reduced, restored or returned.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantors shall have the
		right to seek contribution from any non-paying Subsidiary Guarantor so long as
		the exercise of such right does not impair the rights of the Holders under this
		Subsidiary Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523416"></A>Section 14.02
		</FONT><U><FONT STYLE="font-size:10pt">Execution and Delivery of Subsidiary
		Guarantees</FONT></U><FONT STYLE="font-size:10pt">. The Subsidiary Guarantees
		to be endorsed on the Securities of any series shall include the terms of the
		Subsidiary Guarantee set forth in Section 14.01 and any other terms that may be
		set forth in the form established pursuant to Section 2.06. Each of the
		Subsidiary Guarantors hereby agrees to execute its Subsidiary Guarantee, in a
		form established pursuant to Section 2.06, to be endorsed on each Security as
		to which it is a Subsidiary Guarantor authenticated and delivered by the
		Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Subsidiary Guarantee shall be executed
		on behalf of each respective Subsidiary Guarantor by any one of such Subsidiary
		Guarantor&#146;s Chairman of the Board, Vice Chairman of the Board, President,
		Vice President or other person duly authorized by the Board of Directors of
		such Subsidiary Guarantor, attested by its Secretary or Assistant Secretary.
		The signature of any or all of these persons on the Subsidiary Guarantee may be
		manual or facsimile.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">A Subsidiary Guarantee bearing the manual or
		facsimile signature of individuals who were at any time the proper officers of
		a Subsidiary Guarantor shall bind such Subsidiary </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">66</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Guarantor, notwithstanding that such
		individuals or any of them have ceased to hold such offices prior to the
		authentication and delivery of the Security on which such Subsidiary Guarantee
		is endorsed or did not hold such offices at the date of such Subsidiary
		Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The delivery of any Security by the Trustee,
		after the authentication thereof hereunder, shall constitute due delivery of
		the Subsidiary Guarantee endorsed thereon on behalf of the Subsidiary
		Guarantors. Each of the Subsidiary Guarantors hereby jointly and severally
		agrees that its Subsidiary Guarantee set forth in Section 14.01 shall remain in
		full force and effect notwithstanding any failure to endorse a Subsidiary
		Guarantee on any Security.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523417"></A>Section 14.03
		</FONT><U><FONT STYLE="font-size:10pt">Subsidiary Guarantors May Consolidate,
		Etc., on Certain Terms</FONT></U><FONT STYLE="font-size:10pt">. Except as set
		forth in Section 14.04 and in Article VIII and the terms of the Securities,
		nothing contained in this Indenture or in any of the Securities shall prevent
		any consolidation, amalgamation or merger of a Subsidiary Guarantor with or
		into the Company or another Subsidiary Guarantor or shall prevent any
		conveyance, transfer or lease of the property and assets of a Subsidiary
		Guarantor substantially as an entirety to the Company or another Subsidiary
		Guarantor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523418"></A>Section 14.04
		</FONT><U><FONT STYLE="font-size:10pt">Release of Subsidiary
		Guarantors</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) Concurrently with any consolidation,
		amalgamation or merger of a Subsidiary Guarantor or any conveyance, transfer or
		lease of the property of a Subsidiary Guarantor as an entirety or substantially
		as an entirety, in each case as permitted by Section 14.03 hereof, and upon
		delivery by the Company to the Trustee of an Officer&#146;s Certificate and an
		Opinion of Counsel to the effect that such consolidation, amalgamation, merger,
		conveyance, transfer or lease was made in accordance with Section 14.03 hereof,
		the Trustee shall execute any documents reasonably required in order to
		acknowledge the release of such Subsidiary Guarantor from its obligations under
		its Subsidiary Guarantee endorsed on the Securities and under this Article XIV.
		Any Subsidiary Guarantor not released from its obligations under its Subsidiary
		Guarantee endorsed on the Securities and under this Article XIV shall remain
		liable for the full amount of principal of (and premium, if any) and interest
		on the Securities of a series as to which it is a Subsidiary Guarantor and for
		the other obligations of a Subsidiary Guarantor under its Subsidiary Guarantee
		endorsed on such Securities and under this Article XIV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) Concurrently with the defeasance of the
		Securities under Section 13.02 hereof, the Subsidiary Guarantors shall be
		released from all of their obligations under their Subsidiary Guarantees
		endorsed on the Securities and under this Article XIV, without any action on
		the part of the Trustee or any Holder of Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(c) Upon the sale or disposition (by merger
		or otherwise) of any Subsidiary Guarantor by the Company or any Restricted
		Subsidiary of the Company constituting an asset sale permitted under the terms
		of the Securities of any series to a Person other than the Company or a
		Subsidiary Guarantor of the Company and which is otherwise in compliance with
		the terms of this Indenture and the terms of the Securities of such series,
		such Subsidiary Guarantor shall automatically be released from all obligations
		under its Subsidiary Guarantees endorsed on the Securities of such series and
		under this Article XIV, </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">, that
		all obligations of such Subsidiary Guarantor with respect to any Indebtedness
		of the Company or </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">67</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">any Subsidiary of the Company shall also
		terminate upon such transaction. Notice of such release pursuant to this
		paragraph (c) shall be provided to the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523419"></A>Section 14.05
		</FONT><U><FONT STYLE="font-size:10pt">Additional Subsidiary
		Guarantors</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) The Company may cause any of its
		Subsidiaries to become a Subsidiary Guarantor with respect to the Securities by
		executing and delivering to the Trustee (a) a supplemental indenture, in form
		and substance satisfactory to the Trustee, which subjects such Person to the
		provisions (including the representations and warranties) of this Indenture as
		a Subsidiary Guarantor and (b) an Opinion of Counsel to the effect that such
		supplemental indenture has been duly authorized and executed by such Person and
		constitutes the legal, valid, binding and enforceable obligation of such Person
		(subject to such customary exceptions concerning creditors&#146; rights and
		equitable principles as may be acceptable to the Trustee in its
		discretion).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) The Company will cause any Subsidiary of
		the Company that is required under the terms of the Securities of any series to
		become a Subsidiary Guarantor to execute a supplemental indenture pursuant to
		which it shall become a Subsidiary Guarantor.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523420"></A>ARTICLE
		XV</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">CONVERSION OF SECURITIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523421"></A>Section 15.01
		</FONT><U><FONT STYLE="font-size:10pt">Applicability; Conversion Privilege and
		Conversion Price</FONT></U><FONT STYLE="font-size:10pt">. Securities of any
		series which are convertible into Common Stock of the Company shall be
		convertible in accordance with their terms and (except as otherwise specified
		as contemplated by Section 3.01 for Securities of any series) in accordance
		with this Article.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to and upon compliance with the
		provisions of this Article, at the option of the Holder thereof, any Security
		or any portion of the outstanding principal amount thereof which is $1,000 or
		an integral multiple of $1,000 may be converted at the principal amount
		thereof, or of such portion thereof, into fully paid and nonassessable shares
		(calculated as to each conversion to the nearest 1/100 of a share) of Common
		Stock of the Company at the conversion price, determined as hereinafter
		provided, in effect at the time of conversion. Such conversion right shall
		expire at the close of business on the date specified for Securities of such
		series. In case a Security or portion thereof is called for redemption at the
		election of the Company, such conversion right in respect of the Security or
		portion so called shall expire at the close of business on the 10th calendar
		day before the Redemption Date, unless the Company defaults in making the
		payment due upon redemption.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The price at which shares of Common Stock
		shall be delivered upon conversion (herein called the &#147;conversion
		price&#148;) shall be the price specified in relation to Securities of such
		series pursuant to Section 3.01, as it shall be adjusted in certain instances
		as provided in this Article.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523422"></A>Section 15.02
		</FONT><U><FONT STYLE="font-size:10pt">Exercise of Conversion
		Price</FONT></U><FONT STYLE="font-size:10pt">. In order to exercise the
		conversion privilege, the Holder of any Security to be converted shall
		surrender such Security, duly endorsed or assigned to the Company or in blank,
		at any office or agency of the Company maintained for that purpose pursuant to
		Section 10.02, accompanied by written notice to the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">68</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Company (which shall be substantially in the
		form set forth in Section 2.03) at such office or agency that the Holder elects
		to convert such Security or, if less than the entire principal amount thereof
		is to be converted, the portion thereof to be converted. Securities surrendered
		for conversion during the period from the close of business on any Regular
		Record Date next preceding any Interest Payment Date to the opening of business
		on such Interest Payment Date shall (except in the case of Securities or
		portions thereof which have been called for redemption on a Redemption Date
		within such period) be accompanied by payment in funds acceptable to the
		Company of an amount equal to the interest payable on such Interest Payment
		Date on the principal amount of Securities being surrendered for conversion.
		Subject to the provisions of Section 3.07 relating to the payment of Defaulted
		Interest by the Company, the interest payment with respect to a Security called
		for redemption on a Redemption Date during the period from the close of
		business on any Regular Record Date next preceding any Interest Payment Date to
		the opening of business on such Interest Payment Date shall be payable on such
		Interest Payment Date to the Holder of such Security at the close of business
		on such Regular Record Date notwithstanding the conversion of such Security
		after such Regular Record Date and prior to such Interest Payment Date, and the
		Holder converting such Security need not include a payment of such interest
		payment amount upon surrender of such Security for conversion. Except as
		provided in the preceding sentence and subject to the final paragraph of
		Section 3.07, no payment or adjustment shall be made upon any conversion on
		account of any interest accrued on the Securities surrendered for conversion or
		on account of any dividends on the Common Stock issued upon conversion.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Securities shall be deemed to have been
		converted immediately prior to the close of business on the day of surrender of
		such Securities for conversion in accordance with the foregoing provisions, and
		at such time the rights of the Holders of such Securities as Holders shall
		cease, and the Person or Persons entitled to receive the Common Stock issuable
		upon conversion shall be treated for all purposes as the record holder or
		holders of such Common Stock at such time. As promptly as practicable on or
		after the conversion date, the Company shall issue and shall deliver at such
		office or agency a certificate or certificates for the number of full shares of
		Common Stock issuable upon conversion, together with payment in lieu of any
		fraction of a share, as provided in Section 15.03.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523423"></A>Section 15.03
		</FONT><U><FONT STYLE="font-size:10pt">Fractions of Shares</FONT></U><FONT
		STYLE="font-size:10pt">. No fractional shares of Common Stock shall be issued
		upon conversion of Securities. If more than one Security shall be surrendered
		for conversion at one time by the same Holder, the number of full shares which
		shall be issuable upon conversion thereof shall be computed on the basis of the
		aggregate principal amount of the Securities (or specified portions thereof) so
		surrendered. Instead of any fractional share of Common Stock which would
		otherwise be issuable upon conversion of any Security or Securities (or
		specified portions thereof), the Company shall pay a cash adjustment in respect
		of such fraction in an amount equal to the same fraction of the daily closing
		price per share of Common Stock (consistent with Section 15.04(6) below) at the
		close of business on the day of conversion.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169523424"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">69</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 15.04 </FONT><U><FONT
		STYLE="font-size:10pt">Adjustment of Conversion Price</FONT></U><FONT
		STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(1) In case the Company shall pay or make a
		dividend or other distribution on any class of capital stock of the Company in
		Common Stock, the conversion price in effect at the opening of business on the
		day following the date fixed for determination of stockholders entitled to
		receive such dividend or other distribution shall be reduced by multiplying
		such conversion price by a fraction of which the numerator shall be the number
		of shares of Common Stock outstanding at the close of business on the date
		fixed for such determination and the denominator shall be the sum of such
		number of shares and the total number of shares constituting such dividend or
		other distribution, such reduction to become effective immediately after the
		opening of business on the day following the date fixed for such determination.
		For the purposes of this paragraph (1), the number of shares of Common Stock at
		any time outstanding shall not include shares held in the treasury of the
		Company but shall include shares issuable in respect of scrip certificates
		issued in lieu of fractions of shares of Common Stock. The Company will not pay
		any dividend or make any distribution on shares of Common Stock held in the
		treasury of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(2) In case the Company shall issue rights
		or warrants to all holders of its Common Stock entitling them to subscribe for
		or purchase shares of Common Stock at a price per share less than the current
		market price per share (determined as provided in paragraph (6) of this
		Section) of the Common Stock on the date fixed for the determination of
		stockholders entitled to receive such rights or warrants (other than pursuant
		to a dividend reinvestment plan), the conversion price in effect at the opening
		of business on the day following the date fixed for such determination shall be
		reduced by multiplying such conversion price by a fraction of which the
		numerator shall be the number of shares of Common Stock outstanding at the
		close of business on the date fixed for such determination plus the number of
		shares of Common Stock which the aggregate of the offering price of the total
		number of shares of Common Stock so offered for subscription or purchase would
		purchase at such current market price and the denominator shall be the number
		of shares of Common Stock outstanding at the close of business on the date
		fixed for such determination plus the number of shares of Common Stock so
		offered for subscription or purchase, such reduction to become effective
		immediately after the opening of business on the day following the date fixed
		for such determination. For the purposes of this paragraph (2), the number of
		shares of Common Stock at any time outstanding shall not include shares held in
		the treasury of the Company but shall include shares issuable in respect of
		scrip certificates issued in lieu of fractions of shares of Common Stock. The
		Company will not issue any rights or warrants in respect of shares of Common
		Stock held in the treasury of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(3) In case outstanding shares of Common
		Stock shall be subdivided into a greater number of shares of Common Stock, the
		conversion price in effect at the opening of business on the day following the
		day upon which such subdivision becomes effective shall be proportionately
		reduced, and, conversely, in case outstanding shares of Common Stock shall each
		be combined into a smaller number of shares of Common Stock, the conversion
		price in effect at the opening of business on the day following the day upon
		which such combination becomes effective shall be proportionately increased,
		such reduction or increase, as the case may be, to become effective immediately
		after the opening of business on the day following the day upon which such
		subdivision or combination becomes effective.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">70</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(4) In case the Company shall, by dividend
		or otherwise, distribute to all holders of its Common Stock evidences of its
		indebtedness or assets (including securities, but excluding any rights or
		warrants referred to in paragraph (2) of this Section, any dividend or
		distribution paid in cash out of the earned surplus of the Company and any
		dividend or distribution referred to in paragraph (1) of this Section), the
		conversion price shall be adjusted so that the same shall equal the price
		determined by multiplying the conversion price in effect immediately prior to
		the close of business on the date fixed for the determination of stockholders
		entitled to receive such distribution by a fraction of which the numerator
		shall be the current market price per share (determined as provided in
		paragraph (6) of this Section) of the Common Stock on the date fixed for such
		determination less the then fair market value (as determined by the Board of
		Directors, whose determination shall be conclusive and described in a Board
		Resolution filed with the Trustee) of the portion of the assets or evidences of
		indebtedness so distributed applicable to one share of Common Stock and the
		denominator shall be such current market price per share of the Common Stock,
		such adjustment to become effective immediately prior to the opening of
		business on the day following the date fixed for the determination of
		stockholders entitled to receive such distribution.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(5) The reclassification of Common Stock
		into securities other than Common Stock (other than any reclassification upon a
		consolidation or merger to which Section 15.11 applies) shall be deemed to
		involve (a) a distribution of such securities other than Common Stock to all
		holders of Common Stock (and the effective date of such reclassification shall
		be deemed to be &#147;the date fixed for the determination of stockholders
		entitled to receive such distribution&#148; and &#147;the date fixed for such
		determination&#148; within the meaning of paragraph (4) of this Section), and
		(b) a subdivision or combination, as the case may be, of the number of shares
		of Common Stock outstanding immediately prior to such reclassification into the
		number of shares of Common Stock outstanding immediately thereafter (and the
		effective date of such reclassification shall be deemed to be &#147;the day
		upon which such subdivision becomes effective&#148; or &#147;the day upon which
		such combination becomes effective&#148;, as the case may be, and &#147;the day
		upon which such subdivision or combination becomes effective&#148; within the
		meaning of paragraph (3) of this Section).</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(6) For the purpose of any computation under
		paragraphs (2) and (4) of this Section, the current market price per share of
		Common Stock on any day shall be deemed to be the average of the daily closing
		prices for the five consecutive trading days ( </FONT><U><FONT
		STYLE="font-size:10pt">i.e</FONT></U><FONT STYLE="font-size:10pt"> ., Business
		Days on which the Common Stock is traded) selected by the Board of Directors
		commencing not more than 20 trading days before, and ending not later than, the
		earlier of the day in question and the day before the &#147;ex&#148; date with
		respect to the issuance or distribution requiring such computation. For this
		purpose, the term &#147;&#145;ex&#146; date&#148;, when used with respect to
		any issuance or distribution, shall mean the first date on which the Common
		Stock trades regular way on the applicable exchange or in the applicable market
		without the right to receive such issuance or distribution. The closing price
		for each day shall be the reported last sale price regular way or, in case no
		such reported sale takes place on such day, the average of the reported closing
		bid and asked prices regular way, in either case on the Nasdaq Stock Market or,
		if the Common Stock is not listed or admitted to trading on such Exchange, on
		the principal national securities exchange on which the Common Stock is listed
		or admitted to trading or, if not listed or admitted to trading on any national
		securities exchange, on the New York Stock Exchange or, if the Common Stock is
		not listed or admitted to trading on any national securities exchange or quoted
		</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">71</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">on the New York Stock Exchange, the average
		of the closing bid and asked prices in the over-the-counter market as furnished
		by any Nasdaq Stock Market member firm selected from time to time by the Board
		of Directors for that purpose.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(7) The Company may make such reductions in
		the conversion price, in addition to those required by paragraphs (1), (2), (3)
		and (4) of this Section, as it considers to be advisable in order to avoid or
		diminish any income tax to any holders of shares of Common Stock resulting from
		any dividend or distribution of stock or issuance of rights or warrants to
		purchase or subscribe for stock or from any event treated as such for income
		tax purposes or for any other reasons. The Company shall have the power to
		resolve any ambiguity or correct any error in this paragraph (7) and its
		actions in so doing shall be final and conclusive.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(8) No adjustment in the conversion price
		shall be required unless such adjustment would require an increase or decrease
		of at least one percent in such conversion price; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that any adjustment which by reason of this paragraph
		(8) is not required to be made shall be carried forward and taken into account
		in any subsequent adjustment. All calculations under this Article shall be made
		to the nearest cent or to the nearest 1/100 of a share, as the case may
		be.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523425"></A>Section 15.05
		</FONT><U><FONT STYLE="font-size:10pt">Notice of Adjustments of Conversion
		Price</FONT></U><FONT STYLE="font-size:10pt">. Whenever the conversion price is
		adjusted as herein provided:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) the Company shall compute the adjusted
		conversion price in accordance with Section 15.04 and shall prepare a
		certificate signed by the Treasurer or other appropriate officer of the Company
		setting forth the adjusted conversion price and showing in reasonable detail
		the facts upon which such adjustment is based, and such certificate shall
		forthwith be filed at each office or agency maintained for the purpose of
		conversion of Securities pursuant to Section 10.02; and</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) a notice stating that the conversion
		price has been adjusted and setting forth the adjusted conversion price shall
		forthwith be required, and as soon as practicable after it is required, such
		notice shall be delivered electronically or mailed by the Company to all
		Holders at their last addresses as they shall appear in the Security
		Register.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523426"></A>Section 15.06
		<U>Notice of Certain Corporate Action</U>.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In case:</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) the Company shall declare a dividend (or
		any other distribution) on its Common Stock payable otherwise than in cash out
		of its earned surplus; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(b) the Company shall authorize the granting
		to the holders of its Common Stock of rights or warrants to subscribe for or
		purchase any shares of capital stock of any class or of any other rights;
		or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(c) of any reclassification of the Common
		Stock of the Company (other than a subdivision or combination of its
		outstanding shares of Common Stock), or of any consolidation, merger or share
		exchange to which the Company is a party and for which approval </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">72</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">of any stockholders of the Company is
		required, or of the sale or transfer of all or substantially all of the assets
		of the Company; or</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(d) of the voluntary or involuntary
		dissolution, liquidation or winding up of the Company;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">then the Company shall cause to be filed at
		each office or agency maintained for the purpose of conversion of Securities
		pursuant to Section 10.02, and shall cause to be mailed to all Holders at their
		last addresses as they shall appear in the Security Register, at least 20 days
		(or 10 days in any case specified in clause (a) or (b) above) prior to the
		applicable record or effective date hereinafter specified, a notice stating (x)
		the date on which a record is to be taken for the purpose of such dividend,
		distribution, rights or warrants, or, if a record is not to be taken, the date
		as of which the holders of Common Stock of record to be entitled to such
		dividend, distribution, rights or warrants are to be determined, or (y) the
		date on which such reclassification, consolidation, merger, share exchange,
		sale, transfer, dissolution, liquidation or winding up is expected to become
		effective, and the date as of which it is expected that holders of Common Stock
		of record shall be entitled to exchange their shares of Common Stock for
		securities, cash or other property deliverable upon such reclassification,
		consolidation, merger, share exchange, sale, transfer, dissolution, liquidation
		or winding up. Neither the failure to give such notice nor any defect therein
		shall affect the legality or validity of the proceedings described in clauses
		(a) through (d) of this Section 15.06. If at the time the Trustee shall not be
		the conversion agent, a copy of such notice shall also forthwith be filed by
		the Company with the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Not less than seven days prior to any date
		fixed for the determination of stockholders entitled to receive such
		distribution, the Company shall cause to be filed at each office or agency
		maintained for the purpose of conversion of Securities pursuant to Section
		10.02, and shall cause to be mailed to all Holders at their last addresses as
		they shall appear in the Security Register, a notice stating the date on which
		such determination is to be made, and briefly describing the import thereof. If
		at the time the Trustee shall not be the conversion agent, a copy of such
		notice shall also forthwith be filed by the Company with the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523427"></A>Section 15.07
		</FONT><U><FONT STYLE="font-size:10pt">Company to Reserve Common
		Stock</FONT></U><FONT STYLE="font-size:10pt">. The Company shall at all times
		reserve and keep available out of its authorized but unissued Common Stock, for
		the purpose of effecting the conversion of Securities, the full number of
		shares of Common Stock then issuable upon the conversion of all Outstanding
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523428"></A>Section 15.08
		</FONT><U><FONT STYLE="font-size:10pt">Taxes on Conversions</FONT></U><FONT
		STYLE="font-size:10pt">. The Company will pay any and all taxes that may be
		payable in respect of the issue or delivery of shares of Common Stock on
		conversion of Securities pursuant hereto. The Company shall not, however, be
		required to pay any tax which may be payable in respect of any transfer
		involved in the issue and delivery of shares of Common Stock in a name other
		than that of the Holder of the Security or Securities to be converted, and no
		such issue or delivery shall be made unless and until the Person requesting
		such issue has paid to the Company the amount of any such tax, or has
		established to the satisfaction of the Company that such tax has been
		paid.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523429"></A>Section 15.09
		</FONT><U><FONT STYLE="font-size:10pt">Covenant as to Common
		Stock</FONT></U><FONT STYLE="font-size:10pt">. The Company covenants that all
		shares of Common Stock which may be issued upon conversion of Securities will
		upon issue be fully paid </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">73</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">and nonassessable and, except as provided in
		Section 15.08, the Company will pay all taxes, liens and charges with respect
		to the issue thereof.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523430"></A>Section 15.10
		</FONT><U><FONT STYLE="font-size:10pt">Cancellation of Converted
		Securities</FONT></U><FONT STYLE="font-size:10pt">. All Securities delivered
		for conversion shall be delivered to the Trustee to be cancelled by or at the
		direction of the Trustee, which shall dispose of the same as provided in
		Section 3.09.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523431"></A>Section 15.11
		</FONT><U><FONT STYLE="font-size:10pt">Provisions in Case of Consolidation,
		Merger or Sale of Assets</FONT></U><FONT STYLE="font-size:10pt">. In case of
		any consolidation of the Company with, or merger of the Company into, any other
		Person, any merger of another Person into the Company (other than a merger
		which does not result in any reclassification, conversion, exchange or
		cancellation of outstanding shares of Common Stock of the Company) or any sale
		or transfer of all or substantially all of the assets of the Company, the
		Person formed by such consolidation or resulting from such merger or which
		acquires such assets, as the case may be, shall execute and deliver to the
		Trustee a supplemental indenture providing that the Holder of each convertible
		Security then outstanding shall have the right thereafter, during the period
		such Security shall be convertible as specified in Section 15.01, to convert
		such Security only into the kind and amount of securities, cash and other
		property receivable upon such consolidation, merger, sale or transfer by a
		holder of the number of shares of Common Stock of the Company into which such
		Security might have been converted immediately prior to such consolidation,
		merger, sale or transfer, assuming such holder of Common Stock of the Company
		failed to exercise his rights of election, if any, as to the kind or amount of
		securities, cash and other property receivable upon such consolidation, merger,
		sale or transfer (provided that if the kind or amount of securities, cash and
		other property receivable upon such consolidation, merger, sale or transfer is
		not the same for each share of Common Stock of the Company in respect of which
		such rights of election shall not have been exercised (&#147;non-electing
		share&#148;), then for the purpose of this Section the kind and amount of
		securities, cash and other property receivable upon such consolidation, merger,
		sale or transfer by each non-electing share shall be deemed to be the kind and
		amount so receivable per share by a plurality of the non-electing shares). Such
		supplemental indenture shall provide for adjustments which, for events
		subsequent to the effective date of such supplemental indenture, shall be as
		nearly equivalent as may be practicable to the adjustments provided for in this
		Article. The above provisions of this Section shall similarly apply to
		successive consolidations, mergers, sales or transfers.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523432"></A>Section 15.12
		</FONT><U><FONT STYLE="font-size:10pt">Responsibility of
		Trustee</FONT></U><FONT STYLE="font-size:10pt">. Neither the Trustee nor any
		conversion agent shall at any time be under any duty or responsibility to any
		Holder of Securities to determine whether any fact exists which may require any
		adjustment of the conversion price, or with respect to the nature or extent of
		any such adjustment when made, or with respect to the method employed, or
		herein or in any supplemental indenture provided to be employed, in making the
		same. Neither the Trustee nor any conversion agent shall be accountable with
		respect to the registration, validity or value (or the kind or amount) of any
		shares of Common Stock, or of any securities or property, which may at any time
		be issued or delivered upon the conversion of any Security; and neither the
		Trustee nor any conversion agent makes any representation with respect thereto.
		Neither the Trustee nor any conversion agent shall be responsible for any
		failure of the Company to issue or transfer or deliver any Common Stock or
		stock certificates or other securities or property or to make any cash payment
		upon the surrender of any Security for the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">74</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">purpose of conversion or to comply with any
		of the covenants of the Company contained in this Article XV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The Trustee makes no representations as to
		the validity or sufficiency of this Indenture; the recitals and statements
		herein are deemed to be those of the Company and not of the Trustee.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<B><FONT STYLE="font-size:10pt"><A NAME="TOC169523433"></A>ARTICLE
		XVI</FONT></B>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<B><FONT STYLE="FONT-SIZE:10PT">SUBORDINATION OF SECURITIES</FONT></B>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523434"></A>Section 16.01
		</FONT><U><FONT STYLE="font-size:10pt">Securities Subordinate to Senior
		Indebtedness</FONT></U><FONT STYLE="font-size:10pt">. Each of the Company and
		each Subsidiary Guarantor covenants and agrees, and each Holder of a Security,
		by his acceptance thereof, likewise covenants and agrees, that, to the extent
		and in the manner hereinafter set forth in this Article, the indebtedness
		represented by the Securities and the payment of the principal of (and premium,
		if any) and interest on each and all of the Securities are hereby expressly
		made subordinate and subject in right of payment to the prior payment in full
		of all Senior Indebtedness of the Company and the Subsidiary Guarantors. The
		terms of the subordination provisions described in this Article XVI with
		respect to the Company&#146;s Obligations under the Securities apply equally to
		each Subsidiary Guarantor and the Obligations of such Subsidiary Guarantor
		under its respective Subsidiary Guarantee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523435"></A>Section 16.02
		</FONT><U><FONT STYLE="font-size:10pt">Payment Over of Proceeds Upon
		Dissolution, Etc.</FONT></U><FONT STYLE="font-size:10pt"> In the event of (a)
		any insolvency or bankruptcy case or proceeding, or any receivership,
		liquidation, reorganization or other similar case or proceeding in connection
		therewith, relative to the Company, a Subsidiary Guarantor or to their
		respective creditors, as such, or to their respective assets, or (b) any
		liquidation, dissolution or other winding up of the Company or any Subsidiary
		Guarantor, whether voluntary or involuntary and whether or not involving
		insolvency or bankruptcy, or (c) any assignment for the benefit of creditors or
		any other marshalling of assets and liabilities of the Company or any
		Subsidiary Guarantor, then and in any such event the holders of Senior
		Indebtedness shall be entitled to receive payment in full of all amounts due or
		to become due on or in respect of all Senior Indebtedness, or provision shall
		be made for such payment in money or money&#146;s worth, before the Holders of
		the Securities are entitled to receive any payment on account of principal of
		(or premium, if any) or interest on the Securities, and to that end the holders
		of Senior Indebtedness shall be entitled to receive, for application to the
		payment thereof, any payment or distribution of any kind or character, whether
		in cash, property or securities, which may be payable or deliverable in respect
		of the Securities in any such case, proceeding, dissolution, liquidation or
		other winding up or event.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In the event that, notwithstanding the
		foregoing provisions of this Section, the Trustee or the Holder of any Security
		shall have received any payment or distribution of assets of the Company or any
		Subsidiary Guarantor of any kind or character, whether in cash, property or
		securities, before all Senior Indebtedness is paid in full or payment thereof
		provided for, and if such fact shall, at or prior to the time of such payment
		or distribution, have been made known to the Trustee or, as the case may be,
		such Holder, then and in such event such payment or distribution shall be paid
		over or delivered forthwith to the trustee in bankruptcy, receiver, liquidating
		trustee, custodian, assignee, agent or other Person making payment or
		distribution of assets of the Company or any Subsidiary Guarantor for
		application to the payment of all Senior </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">74</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">Indebtedness remaining unpaid, to the extent
		necessary to pay all Senior Indebtedness in full, after giving effect to any
		concurrent payment or distribution to or for the holders of Senior
		Indebtedness.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">For purposes of this Article only, the words
		&#147;cash, property or securities&#148; shall not be deemed to include shares
		of stock of the Company or a Subsidiary Guarantor as reorganized or readjusted,
		or securities of the Company or a Subsidiary Guarantor or any other corporation
		provided for by a plan of reorganization or readjustment which are subordinated
		in right of payment to all Senior Indebtedness which may at the time be
		outstanding to substantially the same extent as, or to a greater extent than,
		the Securities are so subordinated as provided in this Article. The
		consolidation of the Company or a Subsidiary Guarantor with, or the merger of
		the Company or a Subsidiary Guarantor into, another Person or the liquidation
		or dissolution of the Company or a Subsidiary Guarantor following the
		conveyance or transfer of its properties and assets substantially as an
		entirety to another Person upon the terms and conditions set forth in Article
		VIII shall not be deemed a dissolution, winding up, liquidation,
		reorganization, assignment for the benefit of creditors or marshalling of
		assets and liabilities of the Company or a Subsidiary Guarantor for the
		purposes of this Section if the Person formed by such consolidation or into
		which the Company or a Subsidiary Guarantor is merged or which acquires by
		conveyance or transfer such properties and assets substantially as an entirety,
		as the case may be, shall, as a part of such consolidation, merger, conveyance
		or transfer, comply with the conditions set forth in Article VIII.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523436"></A>Section 16.03
		</FONT><U><FONT STYLE="font-size:10pt">Prior Payment to Senior Indebtedness
		Upon Acceleration of Securities</FONT></U><FONT STYLE="font-size:10pt">. In the
		event that any Securities are declared due and payable before their Stated
		Maturity, then and in such event the holders of Senior Indebtedness outstanding
		at the time such Securities so become due and payable shall be entitled to
		receive payment in full of all amounts due or to become due on or in respect of
		such Senior Indebtedness, or provision shall be made for such payment in money
		or money&#146;s worth, before the Holders of the Securities are entitled to
		receive any payment by the Company or a Subsidiary Guarantor on account of the
		principal of (or premium, if any) or interest on the Securities or on account
		of the purchase or other acquisition of Securities; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that nothing in this Section shall prevent the
		satisfaction of any sinking fund payment in accordance with Article XII by
		delivering and crediting pursuant to Section 12.02 Securities which have been
		acquired (upon redemption or otherwise) prior to such default or which have
		been converted pursuant to Article XV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In the event that, notwithstanding the
		foregoing, the Company or a Subsidiary Guarantor shall make any payment to the
		Trustee or the Holder of any Security prohibited by the foregoing provisions of
		this Section, and if such fact shall, at or prior to the time of such payment,
		have been made known to the Trustee or, as the case may be, such Holder, then
		and in such event such payment shall be paid over and delivered forthwith to
		the Company or to a Subsidiary Guarantor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The provisions of this Section shall not
		apply to any payment with respect to which Section&nbsp;16.02 would be
		applicable.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt"><A NAME="toc169523437"></A>&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">76</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Section 16.04 </FONT><U><FONT
		STYLE="font-size:10pt">No Payment When Senior Indebtedness in
		Default</FONT></U><FONT STYLE="font-size:10pt">.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:23%;">
		<FONT STYLE="font-size:10pt">(a) In the event and during the continuation
		of any default in the payment of principal of (or premium, if any) or interest
		on any Senior Indebtedness beyond any applicable grace period with respect
		thereto, or in the event that any event of default with respect to any Senior
		Indebtedness shall have occurred and be continuing and shall have resulted in
		such Senior Indebtedness becoming or being declared due and payable prior to
		the date on which it would otherwise have become due and payable, unless and
		until such event of default shall have been cured or waived or shall have
		ceased to exist and such acceleration shall have been rescinded or annulled, or
		(b) in the event any judicial proceeding shall be pending with respect to any
		such default in payment or event of default, then no payment shall be made by
		the Company nor by any Subsidiary Guarantor on account of principal of (or
		premium, if any) or interest on the Securities or on account of the purchase or
		other acquisition of Securities; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that nothing in this Section shall prevent the
		satisfaction of any sinking fund payment in accordance with Article XII by
		delivering and crediting pursuant to Section 12.02 Securities which have been
		acquired (upon redemption or otherwise) prior to such default or which have
		been converted pursuant to Article XV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">In the event that, notwithstanding the
		foregoing, the Company or a Subsidiary Guarantor shall make any payment to the
		Trustee or the Holder of any Security prohibited by the foregoing provisions of
		this Section, and if such fact shall, at or prior to the time of such payment,
		have been made known to the Trustee or, as the case may be, such Holder, then
		and in such event such payment shall be paid over and delivered forthwith to
		the Company or to a Subsidiary Guarantor.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">The provisions of this Section shall not
		apply to any payment with respect to which Section 16.02 would be
		applicable.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523438"></A>Section 16.05
		</FONT><U><FONT STYLE="font-size:10pt">Payment Permitted If No
		Default</FONT></U><FONT STYLE="font-size:10pt">. Nothing contained in this
		Article or elsewhere in this Indenture or in any of the Securities shall
		prevent the Company or any Subsidiary Guarantor, at any time except during the
		pendency of any case, proceeding, dissolution, liquidation or other winding up,
		assignment for the benefit of creditors or other marshaling of assets and
		liabilities of the Company or any Subsidiary Guarantor referred to in Section
		16.02 or under the conditions described in Section 16.03 or 16.04, from making
		payments at any time of principal of (and premium, if any) or interest on the
		Securities.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523439"></A>Section 16.06
		</FONT><U><FONT STYLE="font-size:10pt">Subrogation to Rights of Holders of
		Senior Indebtedness</FONT></U><FONT STYLE="font-size:10pt">. Subject to the
		payment in full of all Senior Indebtedness, the Holders of the Securities shall
		be subrogated (equally and ratably with the holders of all indebtedness of the
		Company and each Subsidiary Guarantor which by its express terms is
		subordinated to indebtedness of the Company and each Subsidiary Guarantor to
		substantially the same extent as the Securities are subordinated and is
		entitled to like rights of subrogation) to the rights of the holders of such
		Senior Indebtedness to receive payments and distributions of cash, property and
		securities applicable to the Senior Indebtedness until the principal of (and
		premium, if any) and interest on the Securities shall be paid in full. For
		purposes of such subrogation, no payments or distributions to the holders of
		the Senior Indebtedness of any cash, property or securities to which the
		Holders of the Securities or the Trustee would be entitled except for the
		provisions of this Article, and no payments over pursuant to the provisions of
		this Article to the holders of Senior Indebtedness by Holders of the</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">77</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt"> Securities or the Trustee, shall, as among
		the Company and any Subsidiary Guarantor, its respective creditors other than
		holders of Senior Indebtedness and the Holders of the Securities, be deemed to
		be a payment or distribution by the Company or any Subsidiary Guarantor to or
		on account of the Senior Indebtedness.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523440"></A>Section 16.07
		</FONT><U><FONT STYLE="font-size:10pt">Provisions Solely to Define Relative
		Rights</FONT></U><FONT STYLE="font-size:10pt">. The provisions of this Article
		are and are intended solely for the purpose of defining the relative rights of
		the Holders of the Securities on the one hand and the holders of Senior
		Indebtedness on the other hand. Nothing contained in this Article or elsewhere
		in this Indenture or in the Securities is intended to or shall (a) impair, as
		among the Company or any Subsidiary Guarantor, their respective creditors other
		than holders of Senior Indebtedness and the Holders of the Securities, the
		obligations of the Company and the Subsidiary Guarantors, which are absolute
		and unconditional (and which, subject to the rights under this Article of the
		holders of Senior Indebtedness, are intended to rank equally with all other
		general obligations of the Company and the Subsidiary Guarantors), to pay to
		the Holders of the Securities the principal of (and premium, if any) and
		interest on the Securities as and when the same shall become due and payable in
		accordance with their terms; or (b) affect the relative rights against the
		Company and the Subsidiary Guarantors of the Holders of the Securities and
		creditors of the Company and the Subsidiary Guarantors other than the holders
		of Senior Indebtedness; or (c) prevent the Trustee or the Holder of any
		Security from exercising all remedies otherwise permitted by applicable law
		upon default under this Indenture, subject to the rights, if any, under this
		Article of the holders of Senior Indebtedness to receive cash, property and
		securities otherwise payable or deliverable to the Trustee or such
		Holder.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523441"></A>Section 16.08
		</FONT><U><FONT STYLE="font-size:10pt">Trustee to Effectuate
		Subordination</FONT></U><FONT STYLE="font-size:10pt">. Each holder of a
		Security by his acceptance thereof authorizes and directs the Trustee on his
		behalf to take such action as may be necessary or appropriate to effectuate the
		subordination provided in this Article and appoints the Trustee his
		attorney-in-fact for any and all such purposes.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523442"></A>Section 16.09
		</FONT><U><FONT STYLE="font-size:10pt">No Waiver of Subordination
		Provisions</FONT></U><FONT STYLE="font-size:10pt">. No right of any present or
		future holder of any Senior Indebtedness to enforce subordination as herein
		provided shall at any time in any way be prejudiced or impaired by any act or
		failure to act on the part of the Company or any Subsidiary Guarantor or by any
		act or failure to act, in good faith, by any such holder, or by any
		non-compliance by the Company or any Subsidiary Guarantor with the terms,
		provisions and covenants of this Indenture, regardless of any knowledge thereof
		any such holder may have or be otherwise charged with.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Without in any way limiting the generality
		of the foregoing paragraph, the holders of Senior Indebtedness or Senior
		Indebtedness of any Subsidiary Guarantor (&#147;Guarantor Senior
		Indebtedness&#148;) may, at any time and from time to time, without the consent
		of or notice to the Trustee or the Holders of the Securities, without incurring
		responsibility to the Holders of the Securities and without impairing or
		releasing the subordination provided in this Article or the obligations
		hereunder of the Holders of the Securities to the holders of Senior
		Indebtedness or Guarantor Senior Indebtedness, do any one or more of the
		following: (a) change the manner, place or terms of payment or extend the time
		of payment of, or renew or alter, Senior Indebtedness or Guarantor Senior
		Indebtedness, or otherwise amend or supplement in any manner Senior
		Indebtedness or Guarantor Senior Indebtedness or any instrument evidencing the
		same or any agreement under which Senior Indebtedness or Guarantor Senior
		Indebtedness is </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">78</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">outstanding; (c) sell, exchange, release or
		otherwise deal with any property pledged, mortgaged or otherwise securing
		Senior Indebtedness or Guarantor Senior Indebtedness; (c) release any Person
		liable in any manner for the collection of Senior Indebtedness or Guarantor
		Senior Indebtedness; and (d) exercise or refrain from exercising any rights
		against the Company and any other Person.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523443"></A>Section 16.10
		</FONT><U><FONT STYLE="font-size:10pt">Notice to Trustee</FONT></U><FONT
		STYLE="font-size:10pt">. The Company and the Subsidiary Guarantors shall give
		prompt written notice to the Trustee of any fact known to the Company which
		would prohibit the making of any payment to or by the Trustee in respect of the
		Securities or under any Subsidiary Guarantee. Notwithstanding the provisions of
		this Article or any other provision of this Indenture, the Trustee shall not be
		charged with knowledge of the existence of any facts which would prohibit the
		making of any payment to or by the Trustee in respect of the Securities, unless
		and until the Trustee shall have received written notice thereof from the
		Company, a Subsidiary Guarantor, a holder of Senior Indebtedness or from any
		trustee therefor; and, prior to the receipt of any such written notice, the
		Trustee, subject to the provisions of Section 6.01, shall be entitled in all
		respects to assume that no such facts exist; </FONT><U><FONT
		STYLE="font-size:10pt">provided</FONT></U><FONT STYLE="font-size:10pt">,
		</FONT><U><FONT STYLE="font-size:10pt">however</FONT></U><FONT
		STYLE="font-size:10pt">, that if the Trustee shall not have received the notice
		provided for in this Section at least three Business Days prior to the date
		upon which by the terms hereof any money may become payable for any purpose
		(including, without limitation, the payment of the principal of (and premium,
		if any) or interest on any Security), then, anything herein contained to the
		contrary notwithstanding, the Trustee shall have full power and authority to
		receive such money and to apply the same to the purpose for which such money
		was received and shall not be affected by any notice to the contrary which may
		be received by it within three Business Days prior to such date.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Subject to the provisions of Section 6.01,
		the Trustee shall be entitled to rely on the delivery to it of a written notice
		by a Person representing himself to be a holder of Senior Indebtedness (or a
		trustee therefor) to establish that such notice has been given by a holder of
		Senior Indebtedness (or a trustee therefor). In the event that the Trustee
		determines in good faith that further evidence is required with respect to the
		right of any Person as a holder of Senior Indebtedness to participate in any
		payment or distribution pursuant to this Article, the Trustee may request such
		Person to furnish evidence to the reasonable satisfaction of the Trustee as to
		the amount of Senior Indebtedness held by such Person, the extent to which such
		Person is entitled to participate in such payment or distribution and any other
		facts pertinent to the rights of such Person under this Article, and if such
		evidence is not furnished, the Trustee may defer any payment to such Person
		pending judicial determination as to the right of such Person to receive such
		payment.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523444"></A>Section 16.11
		</FONT><U><FONT STYLE="font-size:10pt">Reliance on Judicial Order or
		Certificate of Liquidating Agent</FONT></U><FONT STYLE="font-size:10pt">. Upon
		any payment or distribution of assets of either the Company or a Subsidiary
		Guarantor referred to in this Article, the Trustee, subject to the provisions
		of Section 6.01, and the Holders of the Securities shall be entitled to rely
		upon any order or decree entered by any court of competent jurisdiction in
		which such insolvency, bankruptcy, receivership, liquidation, reorganization,
		dissolution, winding up or similar case or proceeding is pending, or a
		certificate of the trustee in bankruptcy, receiver, liquidating trustee,
		custodian, assignee for the benefit of creditors, agent or other Person making
		such payment or distribution, delivered to the Trustee or to the Holders of
		Securities, for the purpose of ascertaining the Persons entitled to participate
		in such payment or distribution, the holders of the Senior Indebtedness, the
		amount thereof or payable thereon, the </FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">79</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">amount or amounts paid or distributed
		thereon and all other facts pertinent thereto or to this Article.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523445"></A>Section 16.12
		</FONT><U><FONT STYLE="font-size:10pt">Trustee Not Fiduciary for Holders of
		Senior Indebtedness</FONT></U><FONT STYLE="font-size:10pt">. The Trustee shall
		not be deemed to owe any fiduciary duty to the holders of Senior Indebtedness
		and shall not be liable to any such holders if it shall in good faith
		mistakenly pay over or distribute to Holders of Securities or to the Company or
		to a Subsidiary Guarantor or to any other Person cash, property or securities
		to which any holders of Senior Indebtedness shall be entitled by virtue of this
		Article or otherwise.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523446"></A>Section 16.13
		</FONT><U><FONT STYLE="font-size:10pt">Rights of Trustee as Holder of Senior
		Indebtedness; Preservation of Trustee&#146;s Rights</FONT></U><FONT
		STYLE="font-size:10pt">. The Trustee in its individual capacity shall be
		entitled to all the rights set forth in this Article with respect to any Senior
		Indebtedness which may at any time be held by it, to the same extent as any
		other holder of Senior Indebtedness, and nothing in this Indenture shall
		deprive the Trustee of any of its rights as such holder.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">Nothing in this Article shall apply to
		claims of, or payments to, the Trustee under or pursuant to Section
		6.07.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523447"></A>Section 16.14
		</FONT><U><FONT STYLE="font-size:10pt">Article Applicable to Paying
		Agents</FONT></U><FONT STYLE="font-size:10pt">. In case at any time any Paying
		Agent other than the Trustee shall have been appointed by the Company and be
		then acting hereunder, the term &#147;Trustee&#148; as used in this Article
		shall in such case (unless the context otherwise requires) be construed as
		extending to and including such Paying Agent within its meaning as fully for
		all intents and purposes as if such Paying Agent were named in this Article in
		addition to or in place of the Trustee.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523448"></A>Section 16.15
		</FONT><U><FONT STYLE="font-size:10pt">Certain Conversions Deemed
		Payment</FONT></U><FONT STYLE="font-size:10pt">. For the purposes of this
		Article only, (1) the issuance and delivery of junior securities upon
		conversion of Securities in accordance with Article XV shall not be deemed to
		constitute a payment or distribution on account of the principal of or premium
		or interest on Securities or on account of the purchase or other acquisition of
		Securities, and (2) the payment, issuance or delivery of cash, property or
		securities (other than junior securities) upon conversion of a Security shall
		be deemed to constitute payment on account of the principal of such Security.
		For the purposes of this Section, the term &#147;junior securities&#148; means
		(a) shares of any stock of any class of the Company and (b) securities of the
		Company which are subordinated in right of payment to all Senior Indebtedness
		which may be outstanding at the time of issuance or delivery of such securities
		to substantially the same extent as, or to a greater extent than, the
		Securities are so subordinated as provided in this Article. Nothing contained
		in this Article or elsewhere in this Indenture or in the Securities is intended
		to or shall impair, as among the Company, its creditors other than holders of
		Senior Indebtedness and the Holders of the Securities, the right, which is
		absolute and unconditional, of the Holder of any Security to convert such
		Security in accordance with Article XV.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt"><A NAME="toc169523449"></A>Section 16.16
		</FONT><U><FONT STYLE="font-size:10pt">Trust Moneys Not
		Subordinated</FONT></U><FONT STYLE="font-size:10pt">. Notwithstanding anything
		contained herein to the contrary, payments from moneys or the proceeds of U.S.
		Government Obligations held in trust under Article XIV by the Trustee for the
		payment of principal of, premium, if any, and interest on the Securities from
		the date of deposit (if made in compliance with this Indenture) shall not be
		subordinated to the prior payment of any Senior Indebtedness or subject to the
		</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">80</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">restraints set forth in this Article, and
		none of the Holders of Securities shall be obligated to pay over any such
		amount to the Company or any holder of Senior Indebtedness of the Company or
		any other creditor of the Company.</FONT>
	 </P>
	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">This instrument may be executed in any
		number of counterparts, each of which so executed shall be deemed to be an
		original, but all such counterparts shall together constitute but one and the
		same instrument.</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:8pt;">
		<FONT STYLE="font-size:10pt">(Signature Pages to Follow)</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
	 <P ALIGN="center" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:10pt">81</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		<FONT STYLE="font-size:12pt">&nbsp;</FONT>
	 </P>
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	 SIZE="2">
	 <P STYLE="page-break-before:always">
	 </P>
	 <PAGE>
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	 <P ALIGN="left"
	 STYLE=" margin-bottom:0pt; margin-top:8pt; text-indent:7%;">
		<FONT STYLE="font-size:10pt">IN WITNESS WHEREOF, the parties hereto have
		caused this Indenture to be duly executed as of the day and year first above
		written.</FONT>
	 </P>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD COLSPAN="2" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="FONT-SIZE:10PT">STEALTHGAS INC.</FONT>
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD WIDTH="49%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
			 <TD WIDTH="2%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="5%" VALIGN="bottom">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt"><BR> By:&nbsp;</FONT>
				</P>
			 </TD>
			 <TD WIDTH="44%" VALIGN="bottom"
			 STYLE="border-bottom: solid black .5pt;">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				</P>
			 </TD>
		  </TR>
		  <TR>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
				</P>
			 </TD>
			 <TD VALIGN="top">
				<P ALIGN="left"
				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
				  <FONT STYLE="font-size:10pt">Title:</FONT>
				</P>
			 </TD>
		  </TR>
		</TABLE> </DIV>
	 <P ALIGN="left" STYLE=" margin-bottom:0pt; margin-top:0pt;">
		&nbsp;
	 </P>
	 <DIV ALIGN="left">
		<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" WIDTH="100%"
		STYLE=" border-collapse:collapse;">
		  <TR>
			 <TD VALIGN="bottom">
				<P ALIGN="left"
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				  <FONT SIZE="1">&nbsp;</FONT>
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				  <U><FONT STYLE="font-size:10pt">Guarantors:</FONT></U>
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				<P ALIGN="left"
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				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
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				  <FONT SIZE="1">&nbsp;</FONT>
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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			 <TD VALIGN="top">
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				STYLE=" margin-left:0pt;text-indent:0pt;margin-top:0in;margin-bottom:0pt;">
				  <FONT SIZE="1">&nbsp;</FONT>
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				<P ALIGN="left"
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				  <FONT STYLE="font-size:10pt">Name:</FONT><BR>
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				  <FONT STYLE="FONT-SIZE:10PT">TRIATHLON INC.</FONT>
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				  <FONT STYLE="FONT-SIZE:10PT">VENTSPILS GASES LTD.</FONT>
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				  <FONT STYLE="font-size:10pt">WELLS FARGO BANK, NATIONAL
				  ASSOCIATION, as trustee</FONT>
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<DOCUMENT>
<TYPE>EX-12
<SEQUENCE>4
<FILENAME>file4.htm
<DESCRIPTION>STAT. COMPUT. RATIO OF EARNINGS TO FIXED CHARGES
<TEXT>
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<font style="opacity:100; position:relative; ">Exhibit 12</font>
</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">STEALTHGAS INC.</font>
<br>
<font style="opacity:100; position:relative; ">Computation of Ratio of Earnings to Fixed Charges</font>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="10"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Three Months</font>
<br>
<font style="opacity:100; position:relative; "> Ended March 31,</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="16"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Years Ended</font>
<br>
<font style="opacity:100; position:relative; "> December 31,</font></font></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2007</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2006</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2006</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2005</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">2004</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Net income</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,622,454</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,958,693</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">18,492,509</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">14,536,051</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">531,208</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Plus</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Interest expenses</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,371,362</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">1,347,375</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">7,659,522</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,643,863</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&mdash;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Amortization of capital expenses relating to indebtedness</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">20,847</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">9,919</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">46,080</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">41,344</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&mdash;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Interest portion of rental expense</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,360</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">5,850</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">24,357</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">12,458</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&mdash;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">EARNINGS</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">9,021,023</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">8,321,837</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">26,222,468</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">17,233,716</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">531,208</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Interest expenses</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,371,362</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">1,347,375</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">7,659,522</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,643,863</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&mdash;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Amortization of capital expenses relating to indebtedness</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">20,847</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">9,919</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">46,080</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">41,344</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&mdash;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Interest portion of rental expense </font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,360</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">5,850</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">24,357</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">12,458</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">FIXED CHARGES</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,398,569</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">1,363,144</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">7,729,959</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,697,665</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&mdash;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">RATIO OF EARNINGS TO FIXED CHARGES</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">3.76</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6.10</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">3.39</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6.39</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&mdash;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
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<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>5
<FILENAME>file5.htm
<DESCRIPTION>CONSENT OF INDEPENDENT REG. PUBLIC ACCOUNTING FIRM
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<font style="opacity:100; position:relative; ">Exhibit 23.1</font>
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<font style="opacity:100; position:relative; ">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</font>
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<font style="opacity:100; position:relative; ">We consent to the incorporation by reference in this Registration Statement on Form F-3 of our report dated May&nbsp;18,&nbsp;2007, except for Note 22(h) as to which the date is May&nbsp;29,&nbsp;2007 relating to the consolidated financial statements and financial statement schedule of StealthGas Inc. and subsidiaries appearing in the Annual Report on Form 20-F of StealthGas Inc. and subsidiaries for the year ended December 31, 2006 and to the reference to us under the heading &lsquo;&lsquo;Experts&rsquo;&rsquo; in the Prospectus, which is part of this Registration Statement.</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:17.04pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Deloitte.</font>
<br>
<font style="opacity:100; position:relative; ">Hadjipavlou Sofianos &amp; Cambanis S.A.</font>
<br>
<font style="opacity:100; position:relative; ">Athens, Greece</font>
<br>
<font style="opacity:100; position:relative; ">June 14, 2007</font>
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<DOCUMENT>
<TYPE>EX-25.1
<SEQUENCE>6
<FILENAME>file6.htm
<DESCRIPTION>FORM T-1
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<font style="opacity:100; position:relative; ">SECURITIES AND EXCHANGE COMMISSION</font>
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<font style="opacity:100; position:relative; ">Washington, D.C. 20549</font>
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<font style="opacity:100; position:relative; ">FORM T-1</font>
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<font style="opacity:100; position:relative; ">STATEMENT OF ELIGIBILITY</font>
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<font style="opacity:100; position:relative; ">UNDER THE TRUST INDENTURE ACT OF 1939 OF A</font>
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<font style="opacity:100; position:relative; "> CORPORATION DESIGNATED TO ACT AS TRUSTEE</font>
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<td bgcolor="#000000"><img src="spacer.gif" height="1"><img src="spacer.gif" height="1" width="127"></td>
<td><img src="spacer.gif" height="1" width="237"></td>
<td><img src="spacer.gif" height="1" width="475"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<img src="ebox.gif" alt="[ ]" width="10" height="10"><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)</font>
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<font style="opacity:100; position:relative; ">WELLS FARGO BANK, NATIONAL ASSOCIATION</font>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:8pt;  width: 456pt; text-align: center; font-style: normal; line-height: 10pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">(Exact name of trustee as specified in its charter)</font>
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<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 10px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="297"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">A National Banking Association</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">94-1347393</font></font></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(Jurisdiction of incorporation or</font>
<br>
<font style="opacity:100; position:relative; ">organization if not a U.S. national bank)</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(I.R.S. Employer Identification No.)</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">101 North Phillips Avenue</font>
<br>
<font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">Sioux Falls, South Dakota</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 16pt; background-color: #ffffff;	" align="center" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">57104</font></font></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(Address of principal executive offices)</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(Zip code)</font></font></td>
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<font style="opacity:100; position:relative; ">Wells Fargo &amp; Company</font>
<br>
<font style="opacity:100; position:relative; ">Law Department, Trust Section</font>
<br>
<font style="opacity:100; position:relative; ">MAC N9305-175</font>
<br>
<font style="opacity:100; position:relative; ">Sixth Street and Marquette Avenue, 17</font><sup style="vertical-align:top;"><font style="opacity:100; position:relative; ">th</font></sup><font style="opacity:100; position:relative; "> Floor</font>
<br>
<font style="opacity:100; position:relative; ">Minneapolis, Minnesota 55479</font>
<br>
<font style="opacity:100; position:relative; ">(612) 667-4608</font>
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<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">(Name, address and telephone number of agent for service)</font>
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<td bgcolor="#000000"><img src="spacer.gif" height="1"><img src="spacer.gif" height="1" width="127"></td>
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<td><img src="spacer.gif" height="1" width="475"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:16pt;  width: 456pt; text-align: center; font-style: normal; line-height: 18pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">STEALTHGAS INC.</font>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:8pt;  width: 456pt; text-align: center; font-style: normal; line-height: 10pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">(Exact name of obligor as specified in its charter)</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 10px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="297"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="297"></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Republic of the Marshall Islands</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Not Required</font></font></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(State or other jurisdiction of</font>
<br>
<font style="opacity:100; position:relative; ">incorporation or organization)</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="t" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(I.R.S. Employer</font>
<br>
<font style="opacity:100; position:relative; ">Identification No.)</font></font></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">331 Kifissias Avenue</font>
<br>
<font style="opacity:100; position:relative; ">Erithrea 14561</font>
<br>
<font style="opacity:100; position:relative; ">Athens, Greece</font>
</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:8pt;  width: 456pt; text-align: center; font-style: normal; line-height: 10pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">(Address of principal executive offices)</font>
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<td bgcolor="#000000"><img src="spacer.gif" height="1"><img src="spacer.gif" height="1" width="127"></td>
<td><img src="spacer.gif" height="1" width="237"></td>
<td><img src="spacer.gif" height="1" width="475"></td>
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<td><img src="spacer.gif" height="8" width="1"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; ">Debt Securities</font>
</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:8pt;  width: 456pt; text-align: center; font-style: normal; line-height: 10pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">
<font style="opacity:100; position:relative; font-weight: normal;font-style:normal;">(Title of the indenture securities)</font>
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<td><img src="spacer.gif" height="3" width="1"></td>
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<td bgcolor="#000000"><img src="spacer.gif" height="1" width="1"></td>
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<td><img src="spacer.gif" height="1" width="1"></td>
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<td bgcolor="#000000"><img src="spacer.gif" height="3" width="1"></td>
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<td><img src="spacer.gif" height="3" width="1"></td>
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<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a>
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<td><img src="spacer.gif" height="1" width="53"></td>
<td><img src="spacer.gif" height="1" width="549"></td>
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<tr>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 40pt;"><font style="opacity:100; position:relative; ">Item 1.</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 416pt;"><font style="opacity:100; position:relative; text-decoration:underline;">General Information.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;Furnish the following information as to the trustee:</font></td>
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<td><img src="spacer.gif" height="1" width="53"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="525"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; font-style: normal; width: 40pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">(a)</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 398pt;"><font style="opacity:100; position:relative; ">Name and address of each examining or supervising authority to which it is subject.</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:60pt; padding-right:40pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Comptroller of the Currency</font>
<br>
<font style="opacity:100; position:relative; ">Treasury Department</font>
<br>
<font style="opacity:100; position:relative; ">Washington, D.C.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:60pt; padding-right:40pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Federal Deposit Insurance Corporation</font>
<br>
<font style="opacity:100; position:relative; ">Washington, D.C.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:60pt; padding-right:40pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Federal Reserve Bank of San Francisco</font>
<br>
<font style="opacity:100; position:relative; ">San Francisco, California 94120</font>
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<td><img src="spacer.gif" height="1" width="53"></td>
<td><img src="spacer.gif" height="1" width="24"></td>
<td><img src="spacer.gif" height="1" width="525"></td>
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<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; font-style: normal; width: 40pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 18pt;"><font style="opacity:100; position:relative; ">(b)</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 398pt;"><font style="opacity:100; position:relative; ">Whether it is authorized to exercise corporate trust powers.</font></td>
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<font style="opacity:100; position:relative; ">The trustee is authorized to exercise corporate trust powers.</font>
</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="53"></td>
<td><img src="spacer.gif" height="1" width="549"></td>
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<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 40pt;"><font style="opacity:100; position:relative; ">Item 2.</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 416pt;"><font style="opacity:100; position:relative; text-decoration:underline;">Affiliations with Obligor.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;If the obligor is an affiliate of the trustee, describe each such affiliation.</font></td>
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<table cellpadding="0" cellspacing="0" border="0" width="602">
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<td><img src="spacer.gif" height="1" width="26"></td>
<td><img src="spacer.gif" height="1" width="40"></td>
<td><img src="spacer.gif" height="1" width="536"></td>
</tr>
<tr>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; font-style: normal; width: 20pt;"></td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						padding-left: 0pt;width: 30pt;"><font style="opacity:100; position:relative; ">None</font>&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: normal; text-align: left;&#10;						width: 406pt;"><font style="opacity:100; position:relative; ">with respect to the trustee.</font></td>
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<font style="opacity:100; position:relative; ">No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Item 15.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">Foreign Trustee.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</font>
</p>
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<font style="opacity:100; position:relative; ">Item 16.&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="opacity:100; position:relative; text-decoration:underline;">List of Exhibits.</font><font style="opacity:100; position:relative; ">&nbsp;&nbsp;&nbsp;&nbsp;List below all exhibits filed as a part of this Statement of Eligibility.</font>
</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:40px; " cellpadding="0" cellspacing="0" border="0" width="562" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="92"></td>
<td><img src="spacer.gif" height="1" width="12"></td>
<td><img src="spacer.gif" height="1" width="12"></td>
<td><img src="spacer.gif" height="1" width="451"></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 1.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">A copy of the Articles of Association of the trustee now in effect.*</font></font></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 2.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">A copy of the Comptroller of the Currency Certificate of Corporate</font>
<br>
<font style="opacity:100; position:relative; "> Existence and Fiduciary Powers for Wells Fargo Bank, National</font>
<br>
<font style="opacity:100; position:relative; ">Association, dated February&nbsp;4, 2004.**</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 3.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">See Exhibit 2</font></font></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 4.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Copy of By-laws of the trustee as now in effect.***</font></font></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 5.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Not applicable.</font></font></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 6.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">The consent of the trustee required by Section 321(b) of the Act.</font></font></td>
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<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 7.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">A copy of the latest report of condition of the trustee published pursuant</font>
<br>
<font style="opacity:100; position:relative; "> to law or the requirements of its supervising or examining authority</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 8.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Not applicable.</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="center" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Exhibit 9.</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 0pt; text-indent: 0pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Not applicable.</font></font></td>
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<td><img src="spacer.gif" height="10" width="1"></td>
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<td><img src="spacer.gif" width="1" height="8"></td>
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<td bgcolor="#000000"><img src="spacer.gif" height="1"><img src="spacer.gif" height="1" width="78"></td>
<td><img src="spacer.gif" height="1" width="524"></td>
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<td><img src="spacer.gif" height="8" width="1"></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">*</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Incorporated by reference to the exhibit of the same number to the trustee&rsquo;s Form T-1 filed as exhibit 25 to the Form S-4 dated December&nbsp;30,&nbsp;2005 of Hornbeck Offshore Services LLC file&nbsp;number 333-130784-06.</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">**</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Incorporated by reference to the exhibit of the same number to the trustee&rsquo;s Form T-1 filed as exhibit 25 to the Form T-3 dated March&nbsp;3,&nbsp;2004 of Trans-Lux Corporation file number 022-28721.</font></td>
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<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: 25pt; padding-left: 0pt;"><font style="opacity:100; position:relative; ">***</font></td>
<td align="left" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-bottom: 6pt;   width: pt; "><font style="opacity:100; position:relative; ">Incorporated by reference to the exhibit of the same number to the trustee&rsquo;s Form T-1 filed as exhibit 25 to the Form S-4 dated May&nbsp;26,&nbsp;2005 of Penn National Gaming Inc. file number 333-125274.</font></td>
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<font style="opacity:100; position:relative; ">SIGNATURE</font>
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<font style="opacity:100; position:relative; ">Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells&nbsp;Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Minneapolis, and State of Minnesota on the 11th day of June, 2007.</font>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 6pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">WELLS FARGO BANK, NATIONAL ASSOCIATION</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="317"><img src="spacer.gif" height="1" width="317"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/S/ Lynn M. Steiner&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;</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 0;" valign="top" align="left" width="317"><img src="spacer.gif" height="1" width="317"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 0;" valign="top" align="left"><font style="opacity:100; position:relative; ">Lynn M.&nbsp;Steiner</font>
<br>
<font style="opacity:100; position:relative; ">Vice President</font></td>
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<br>
<hr width="760" style="padding-left: 0pt;" align="left">
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<a name="page"></a>
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<font style="opacity:100; position:relative; ">EXHIBIT 6</font>
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<font style="opacity:100; position:relative; ">June&nbsp;11,&nbsp;2007</font>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:24pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Securities and Exchange Commission</font>
<br>
<font style="opacity:100; position:relative; ">Washington, D.C. 20549</font>
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<font style="opacity:100; position:relative; ">Gentlemen:</font>
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<font style="opacity:100; position:relative; ">In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.</font>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 12pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">Very truly yours,</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 6pt;" valign="top" align="left" width="317"><img src="spacer.gif" height="1" width="317"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: bold; font-style: normal; padding-top: 6pt;" valign="top" align="left"><font style="opacity:100; position:relative; ">WELLS FARGO BANK, NATIONAL ASSOCIATION</font></td>
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<div style="width: 593;">
<table border="0" cellpadding="0" cellspacing="0" width="593">
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left" width="317"><img src="spacer.gif" height="1" width="317"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 17.04pt;" valign="top" align="left"><font style="opacity:100; position:relative; text-decoration:underline;">/S/ Lynn M. Steiner&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;</font></td>
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<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 0;" valign="top" align="left" width="317"><img src="spacer.gif" height="1" width="317"></td>
<td style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; padding-top: 0;" valign="top" align="left"><font style="opacity:100; position:relative; ">Lynn M.&nbsp;Steiner</font>
<br>
<font style="opacity:100; position:relative; ">Vice President</font></td>
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<br>
<hr width="760" style="padding-left: 0pt;" align="left">
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<a name="page"></a>
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<font style="opacity:100; position:relative; ">Consolidated Report of Condition of</font>
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<font style="opacity:100; position:relative; ">Wells Fargo Bank National Association</font>
<br>
<font style="opacity:100; position:relative; ">of 101 North Phillips Avenue, Sioux Falls, SD 57104</font>
<br>
<font style="opacity:100; position:relative; ">And Foreign and Domestic Subsidiaries,</font>
<br>
<font style="opacity:100; position:relative; ">at the close of business March&nbsp;31,&nbsp;2007, filed in accordance with 12 U.S.C. &sect;161 for National Banks.</font>
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<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
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<td><img src="spacer.gif" height="1" width="445"></td>
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<td><img src="spacer.gif" height="1" width="7.43"></td>
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<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Dollar Amounts</font>
<br>
<font style="opacity:100; position:relative; ">In Millions</font></font></td>
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<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">ASSETS</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Cash and balances due from depository institutions:</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Noninterest-bearing balances and currency and coin</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">12,467</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Interest-bearing balances</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">1,280</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Securities:</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Held-to-maturity securities</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">0</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Available-for-sale securities</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">40,238</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Federal funds sold and securities purchased under agreements to resell:</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Federal funds sold in domestic offices</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,195</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Securities purchased under agreements to resell</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">1,187</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Loans and lease financing receivables:</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Loans and leases held for sale</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">33,093</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Loans and leases, net of unearned income</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">251,321</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">LESS: Allowance for loan and lease losses</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,151</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Loans and leases, net of unearned income and allowance</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">249,170</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Trading Assets</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">3,665</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Premises and fixed assets (including capitalized leases)</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">4,173</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Other real estate owned</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">657</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Investments in unconsolidated subsidiaries and associated companies</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">392</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Intangible assets</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Goodwill</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">8,994</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Other intangible assets</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">18,668</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Other assets</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">16,668</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Total assets</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">396,847</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">LIABILITIES</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Deposits:</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">In domestic offices</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">269,773</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 30pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Noninterest-bearing</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">75,101</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 30pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Interest-bearing</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">194,672</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">In foreign offices, Edge and Agreement subsidiaries, and IBFs</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">43,580</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 30pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Noninterest-bearing</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 30pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Interest-bearing</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">43,574</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Federal funds purchased and securities sold under agreements to repurchase:</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Federal funds purchased in domestic offices</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">3,911</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 20pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Securities sold under agreements to repurchase</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,114</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Trading liabilities</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">2,328</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Other borrowed money</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">(includes mortgage indebtedness and obligations under capitalized leases)</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">6,914</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Subordinated notes and debentures</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">10,148</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Other liabilities</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">14,055</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<a name="page"></a><img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 0px; border-left:none;" align="left">
<div class="WhiteBorder" style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none;border-left:none; border-right:none;margin-left:0px; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="445"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="7.43"></td>
<td><img src="spacer.gif" height="1" width="0"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
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<td><img src="spacer.gif" height="1" width="7.43"></td>
<td><img src="spacer.gif" height="1" width="7.43"></td>
<td><img src="spacer.gif" height="1" width="13"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="50"></td>
<td><img src="spacer.gif" height="1" width="13"></td>
</tr>
<tr>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">&nbsp;</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 8pt; line-height:10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;	" align="center" valign="bottom" colspan="4"><font style="font-family: serif; font-size: 8pt; line-height:10pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Dollar Amounts</font>
<br>
<font style="opacity:100; position:relative; ">In Millions</font></font></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Total liabilities</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">356,823</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Minority interest in consolidated subsidiaries</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">58</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 8pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; font-weight: bold;font-style:normal;">EQUITY CAPITAL</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 8pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 8pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 8pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 8pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 8pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 8pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Perpetual preferred stock and related surplus</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">0</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Common stock</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">520</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Surplus (exclude all surplus related to preferred stock) </font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">24,751</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Retained earnings</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">14,239</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Accumulated other comprehensive income</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">456</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Other equity capital components</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">0</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #ffffff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><font style="opacity:100; position:relative; ">Total equity capital</font></font></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #ffffff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">39,966</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #ffffff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td style="font-size: 10pt; line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-left: 10pt; text-indent: -10pt; padding-top: 0pt; background-color: #cceeff;	" align="left" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; line-height:12pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;"><font style="opacity:100; position:relative; ">Total liabilities, minority interest, and equity capital</font></font></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><img src="spacer.gif" width="1"></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">&nbsp;</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 1px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
<td style="background-color: #cceeff;border-bottom: 1px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom:  1px solid #ffffff;"><img src="spacer.gif" width="1" height="1"></td>
<td style="background-color: #cceeff;border-bottom: 3px solid #ffffff"><img src="spacer.gif" width="1" height="1"></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal;" align="right" valign="bottom"><font style="opacity:100; position:relative; ">$</font></td>
<td align="right" style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px double #000000;padding-top: 0pt; background-color: #cceeff;font-weight: normal; font-style: normal; " valign="bottom"><font style="opacity:100; position:relative; ">396,847</font></td>
<td style="font-size: 10pt;  line-height:12pt; color: #000000; border-bottom: 3px solid #ffffff;padding-top: 0pt; background-color: #cceeff; font-weight: normal; font-style: normal; " valign="bottom" align="left"><img src="spacer.gif" width="1"></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">I, Karen B. Nelson, Vice President of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: right; font-style: normal; line-height: 12pt; padding-top:17.04pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Karen B. Nelson</font>
<br>
<font style="opacity:100; position:relative; ">Vice President</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.</font>
</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:17.04pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="opacity:100; position:relative; ">Michael Loughlin</font>
<br>
<font style="opacity:100; position:relative; "> John Stumpf&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directors</font>
<br>
<font style="opacity:100; position:relative; ">Carrie Tolstedt</font>
</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>



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