-----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,
 WtdxVJ25GlZqp4liW0uf+qmFCI02Dpw8sSSdZDAm9aTttlCzq2CwQGz/ovhL5hOv
 THZk0i2es7w8qMtjLKQrRA==

<SEC-DOCUMENT>0001193125-10-230228.txt : 20101015
<SEC-HEADER>0001193125-10-230228.hdr.sgml : 20101015
<ACCEPTANCE-DATETIME>20101015155649
ACCESSION NUMBER:		0001193125-10-230228
CONFORMED SUBMISSION TYPE:	S-3ASR
PUBLIC DOCUMENT COUNT:		9
FILED AS OF DATE:		20101015
DATE AS OF CHANGE:		20101015
EFFECTIVENESS DATE:		20101015

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CURRENCYSHARES EURO TRUST
		CENTRAL INDEX KEY:			0001328598
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		S-3ASR
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-169959
		FILM NUMBER:		101125892

	BUSINESS ADDRESS:	
		STREET 1:		C/O RYDEX INVESTMENTS
		STREET 2:		9601 BLACKWELL ROAD, SUITE 500
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20009
		BUSINESS PHONE:		301-296-5100

	MAIL ADDRESS:	
		STREET 1:		C/O RYDEX INVESTMENTS
		STREET 2:		9601 BLACKWELL ROAD, SUITE 500
		CITY:			ROCKVILLE
		STATE:			MD
		ZIP:			20009

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EURO CURRENCY TRUST
		DATE OF NAME CHANGE:	20050527
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-3ASR
<SEQUENCE>1
<FILENAME>ds3asr.htm
<DESCRIPTION>FORM S-3ASR
<TEXT>
<HTML><HEAD>
<TITLE>Form S-3ASR</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>As filed with the Securities and Exchange Commission on October&nbsp;15, 2010
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></FONT></P>
<P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:4px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>FORM S-3 </B>
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>REGISTRATION STATEMENT </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><I>UNDER </I></B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><I>THE SECURITIES ACT OF 1933 </I></B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="6"><B>CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="5"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;
</SUP></FONT> Euro Trust </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="4"><B>Sponsored by Rydex Specialized Products LLC, </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="4"><B>d/b/a Rydex Investments </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(Exact name of registrant as specified in its charter) </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>New York</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>20-3613421</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(State or other jurisdiction of</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>incorporation or organization)</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(I.R.S. Employer</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Identification No.)</B></FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>9601 Blackwell Road, Suite 500 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Rockville, Maryland 20850 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Address, including zip code, and telephone number, including area code, of registrant&#146;s principal executive offices)
</B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Nick Bonos </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Chief Executive Officer </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Rydex Investments </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>9601 Blackwell Road </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Suite 500 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Rockville, Maryland 20850 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(301) 296-5100 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Name, address, including zip code, and telephone number, including area code, of agent for service) </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><I>Copies to: </I></B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>George T. Simon, Esq. </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Foley&nbsp;&amp; Lardner LLP </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>321 N. Clark Street </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Suite 2800 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Chicago, Illinois 60610-4764 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Phone: (312)&nbsp;832-4500 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Fax: (312)&nbsp;832-4700 </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Yvette M. VanRiper, Esq. </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Foley&nbsp;&amp; Lardner LLP </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>One Detroit Center </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>500 Woodward Avenue, Suite 2700 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Detroit, Michigan 48226-3489 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Phone: (313)&nbsp;234-7100 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Fax: (313)&nbsp;234-2800 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Approximate
date of commencement of proposed sale to the public:</B> From time to time after this registration statement becomes effective. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check
the following box.&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">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, other than securities offered only in connection with dividend or interest reinvestment plans, please check the
following box.&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">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;&nbsp;&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">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;&nbsp;&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">If this Form is a registration statement
pursuant to General Instruction I.D. 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.&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">If this Form is a post-effective amendment to a
registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following
box.&nbsp;&nbsp;&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule
12b-2 of the Exchange Act. (Check one): </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="16%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="20%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Large&nbsp;accelerated&nbsp;filer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Accelerated filer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Non-accelerated filer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT>&nbsp;&nbsp;(Do not check if a smaller reporting company)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Smaller&nbsp;reporting&nbsp;company</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Calculation of
Registration Fee </B></FONT></P> <P STYLE="font-size:4px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD></TR>
<TR STYLE="font-size:1px">
<TD COLSPAN="9" VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Title of each class of</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>securities to be registered</B></FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Amount<BR>to be<BR>registered</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Proposed<BR>maximum<BR>offering price<BR>per&nbsp;Share(1)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Proposed<BR>maximum<BR>aggregate<BR>offering price(1)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Amount of<BR>registration fee</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Euro Shares</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">15,000,000&nbsp;Shares</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">$138.14</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">$2,072,100,000.00</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-TOP:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">$147,740.73</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD COLSPAN="9" VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR STYLE="font-size:1px">
<TD COLSPAN="9" VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Estimated solely for the purpose of calculating the registration fee pursuant to Rule&nbsp;457(c) under the Securities Act of 1933 based on the average of the high and
low prices ($138.83 and $137.45, respectively) of the Euro Shares (the &#147;Shares&#148;) as reported by NYSE Arca on October 12, 2010. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pursuant to
Rule&nbsp;429 under the Securities Act of 1933, the prospectus herein is being filed as a combined prospectus which also relates to 5,100,000&nbsp;unsold Shares registered under registration statement No.&nbsp;333-167459, under the prospectus dated
June&nbsp;11, 2010. Accordingly, upon effectiveness, this registration statement will act as a post-effective amendment to such earlier registration statement. </FONT></P> <P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

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

 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="72%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>20,100,000&nbsp;Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="middle" ROWSPAN="3" ALIGN="center">


<IMG SRC="g107964g18i82.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ROWSPAN="3" VALIGN="middle"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Euro Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%;padding-bottom:0px;"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust (Trust) issues Euro Shares (Shares) that represent units of fractional undivided
beneficial interest in, and ownership of, the Trust. Rydex Specialized Products LLC, d/b/a Rydex Investments, is the sponsor of the Trust (Sponsor) and may be deemed the &#147;issuer&#148; of the Shares pursuant to Section&nbsp;2(a)(4) of the
Securities Act of 1933, as amended (the Securities Act). The Bank of New York Mellon is the trustee of the Trust (Trustee), JPMorgan Chase Bank, N.A., London Branch is the depository for the Trust (Depository), and Rydex Distributors, Inc. is the
distributor for the Trust (Distributor). The Trust intends to issue additional Shares on a continuous basis through the Trustee. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares may be purchased from the Trust only in one or more blocks of 50,000 Shares, as described in &#147;Creation and Redemption of
Shares.&#148; A block of 50,000 Shares is called a Basket. The Trust issues Shares in Baskets on a continuous basis to certain authorized participants (Authorized Participants) as described in &#147;Plan of Distribution.&#148; Each Basket, when
created, is offered and sold to an Authorized Participant at a price in euro equal to the net asset value (NAV) of 50,000 Shares on the day that the order to create the Basket is accepted by the Trustee. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are offered and sold to the public by Authorized Participants at varying prices in U.S. Dollars (USD) determined by reference
to, among other things, the market price of the euro and the trading price of the Shares on NYSE Arca, Inc. (NYSE Arca) at the time of each sale. Authorized Participants will not receive from the Trust, the Sponsor or any of their affiliates, any
fee or other compensation in connection with the sale of Shares. Authorized Participants may receive commissions or fees from investors who purchase Shares through their commission- or fee-based brokerage accounts. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are listed and trade on NYSE Arca under the symbol &#147;FXE.&#148; The Shares may also trade in other markets, but the
Sponsor has not sought to have the Shares listed by any other market. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Investing in the Shares involves significant risks.
See &#147;<A HREF="#tx107964_3">Risk Factors</A>,&#148; starting on page 8. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Neither the Securities and Exchange
Commission (SEC) nor any state securities commission has approved or disapproved of the securities offered in this prospectus, or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. </B>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are neither interests in nor obligations of the Sponsor, the Trustee, the Depository or the Distributor.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Neither the Shares nor the Trust&#146;s two deposit accounts maintained at the Depository and the euro deposited in them are
deposits insured against loss by the Federal Deposit Insurance Corporation (FDIC), any other federal agency of the United States or the Financial Services Compensation Scheme of England. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
 <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g107964g64f14.jpg" ALT="LOGO"> </P>
 <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The date of this prospectus is October&nbsp;15, 2010. </B></FONT></P>

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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">This prospectus contains information
you should consider when making an investment decision about the Shares. You may rely on the information contained in this prospectus or incorporated by reference in this prospectus. The Trust and the Sponsor have not authorized any person to
provide you with different information and, if anyone provides you with different or inconsistent information, you should not rely on it. This prospectus is not an offer to sell the Shares in any jurisdiction where the offer or sale of the Shares is
not permitted. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are not registered for public sale in any jurisdiction other than the United States. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="toc"></A>Table of Contents </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="97%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_1">Prospectus Summary</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">1</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_2">The Offering</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">3</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_3">Risk Factors</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">8</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_4">Glossary of Terms</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">12</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_5">Statement Regarding Forward-Looking Statements</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_6">Use of Proceeds</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">14</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_7">Overview of the Foreign Exchange Industry</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_8">The Euro</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_9">Investment Attributes of the Trust</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_10">Description of the Trust</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">19</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_11">The Sponsor</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">20</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_12">The Trustee</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_13">The Depository</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">21</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_14">The Distributor</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_15">Description of the Shares</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_16">Description of the Deposit Account Agreement</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">23</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_17">Creation and Redemption of Shares</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">25</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_18">Description of the Depositary Trust Agreement</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_19">United States Federal Tax Consequences</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">35</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_20">ERISA and Related Considerations</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_21">Plan of Distribution</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_22">Legal Proceedings</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">39</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_23">Legal Matters</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">39</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_24">Experts</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_25">Where You Can Find More Information</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">40</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#tx107964_26">Incorporation of Certain Information by Reference</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">41</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR></TABLE> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Authorized Participants may be subject to the prospectus delivery requirements of the Securities Act when effecting transactions in the Shares. See
&#147;Plan of Distribution.&#148; </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">This prospectus summarizes certain documents and other information in a manner the Sponsor believes to be accurate. The information contained in the
sections captioned &#147;Overview of the Foreign Exchange Industry,&#148; &#147;The Euro&#148; and &#147;Investment Attributes of the Trust&#148; is based on information obtained from sources that the Sponsor believes to be reliable. The accuracy,
reliability and completeness of this information is not guaranteed, however, and has not been independently verified. In making an investment decision, you must rely on your own examination of the Trust, the foreign exchange market, the market for
the euro, the terms of the offering and the Shares, including the merits and risks involved. </FONT></P>

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


<div style ="BORDER-BOTTOM:1pt solid #000000;BORDER-LEFT:1pt solid #000000;BORDER-RIGHT:1pt solid #000000;BORDER-TOP:1pt solid #000000;MARGIN-LEFT:0px;MARGIN-RIGHT:0px;WIDTH:100%"><div style="width:97%; margin-top:1.5%; margin-left:1.5%; margin-right:-1.25%">

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_1"></A>Prospectus Summary </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>This is a summary of the prospectus. You should read the entire prospectus, including &#147;Risk Factors&#148; beginning on page 8 and the information
incorporated by reference in this prospectus, before making an investment decision about the Shares. See &#147;Glossary of Terms&#148; beginning on page 12 for a description of certain terms used in this prospectus. </I></FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TRUST STRUCTURE </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust is a grantor
trust formed under the laws of the State of New York pursuant to the Depositary Trust Agreement. The Trust holds euro and from time to time issues Baskets in exchange for deposits of euro and distributes euro in connection with redemptions of
Baskets. The investment objective of the Trust is for the Shares to reflect the price in USD of the euro. Earning income for Shareholders is not the objective of the Trust. Whether investors earn income primarily depends on the relative value of the
euro and the USD. If the euro appreciates relative to the USD and a Shareholder sells Shares, the Shareholder will earn income. If the euro depreciates relative to the USD and a Shareholder sells Shares, the Shareholder will incur a loss.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in euro. The Shares represent units of
fractional undivided beneficial interest in, and ownership of, the Trust. The Shares are listed and trade on NYSE Arca under the symbol &#147;FXE.&#148; The Shares may also trade in other markets, but the Sponsor has not sought to have the Shares
listed by any other market. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor, Rydex Specialized Products LLC d/b/a &#147;Rydex Investments,&#148; a Delaware limited liability
company, established the Trust and is responsible for registering the Shares. The Sponsor generally oversees the performance of the Trustee and the Trust&#146;s principal service providers, but does not exercise day-to-day oversight over the Trustee
or the Trust&#146;s service providers. The Sponsor may remove the Trustee if any of various events occur. See &#147;Description of the Depositary Trust Agreement &#151; The Trustee &#151; Resignation, discharge or removal of trustee; successor
trustees&#148; for more information. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor maintains a public website on behalf of the Trust containing information about the Trust and
the Shares. The internet address of the Trust&#146;s website is www.currencyshares.com. This internet address is provided here only as a convenience to you; the information contained on or connected to the Trust&#146;s website is not considered part
of this prospectus. The general role and responsibilities of the Sponsor are discussed further under &#147;The Sponsor.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee is
The Bank of New York Mellon, a banking corporation formed under the laws of the State of New York with trust powers. The Trustee is generally responsible for the day-to-day administration of the Trust. This includes calculating the NAV of the Trust
and the NAV per Share each business day, paying the Trust&#146;s expenses (which are accrued daily but paid monthly), including withdrawing the Trust&#146;s euro, if needed, receiving and processing orders from Authorized Participants to create and
redeem Baskets and coordinating the processing of such orders with the Depository and DTC. The general role, responsibilities and regulation of the Trustee are further described under &#147;The Trustee.&#148; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository is JPMorgan Chase Bank, N.A., London Branch. The Depository and the Trustee have elected the laws of England to govern the Deposit Account
Agreement between them. The Depository accepts euro deposited with it by Authorized Participants in connection with the creation of Baskets. The Depository facilitates the transfer of euro into and out of the Trust through the two deposit accounts
maintained with it by the Trust. The Depository may pay interest on the primary deposit account but does not pay interest on the secondary deposit account. Interest on the primary deposit account, if any, accrues daily and is paid monthly. The
material terms of the Depositary Trust Agreement are discussed in greater detail in &#147;Description of the Depositary Trust Agreement.&#148; The general role, responsibilities and regulation of the Depository and the two deposit accounts are
further described under &#147;The Depository&#148; and &#147;Description of the Deposit Account Agreement.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Detailed descriptions of
certain specific rights and duties of the Trustee and the Depository are set forth under &#147;Description of the Shares,&#148; &#147;Description of the Depositary Trust Agreement&#148; and &#147;Description of the Deposit Account Agreement.&#148;
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Distributor, Rydex Distributors, Inc., is a corporation formed under the laws of the State of Maryland. The Distributor assists the
Sponsor in marketing the Shares. Specifically, the Distributor prepares marketing materials regarding the Shares, including the content of the Trust&#146;s website, executes the marketing plan for the Trust and
</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></div></div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1 </FONT></P>


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


<div style ="BORDER-BOTTOM:1pt solid #000000;BORDER-LEFT:1pt solid #000000;BORDER-RIGHT:1pt solid #000000;BORDER-TOP:1pt solid #000000;MARGIN-LEFT:0px;MARGIN-RIGHT:0px;WIDTH:100%"><div style="width:97%; margin-top:1.5%; margin-left:1.5%; margin-right:-1.25%">

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
provides strategic and tactical research on the foreign exchange markets, in each case in compliance with applicable laws and regulations. The Distributor and the Sponsor are affiliates of one
another. There is no written agreement between them, and no compensation is paid by the Sponsor to the Distributor in connection with services performed by the Distributor for the Trust. See &#147;The Distributor&#148; for more information.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INVESTMENT ATTRIBUTES OF THE TRUST </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are intended to provide institutional and retail investors with a simple, cost-effective means of gaining investment benefits similar to those
of holding euro. The costs of purchasing Shares should not exceed the costs associated with purchasing any other publicly-traded equity securities. The Shares are an investment that is: </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Easily Accessible</I>. Investors are able to access the market for euro through a traditional brokerage account. The Shares are bought
and sold on NYSE Arca like any other exchange-listed security. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Exchange-Traded</I>. Because they are traded on NYSE Arca,
the Shares will provide investors with an efficient means of implementing investment tactics and strategies that involve euro. NYSE Arca-listed securities are eligible for margin accounts. Accordingly, investors are able to purchase and hold Shares
with borrowed money to the extent permitted by law. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Transparent</I>. The Shares are backed by the assets of the Trust,
which does not hold or use derivative products. The value of the holdings of the Trust are reported on the Trust&#146;s website, www.currencyshares.com, every business day. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Investing in the Shares will not insulate the investor from price volatility or other risks. See &#147;Risk Factors.&#148; </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PRINCIPAL OFFICES </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The principal offices
of the Sponsor, the Trust and the Distributor are the offices of Rydex Investments at 9601 Blackwell Road, Suite 500, Rockville, Maryland 20850. The telephone number of Rydex Investments at that address is (800)&nbsp;820-0888. Neither the Sponsor,
the Trust nor the Distributor own or lease any other real estate. The Trustee has a trust office at 2 Hanson Place, Brooklyn, New York 11217. The Depository is located at 125 London Wall, London, EC2Y 5AJ, United Kingdom. </FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></div></div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>


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


<div style ="BORDER-BOTTOM:1pt solid #000000;BORDER-LEFT:1pt solid #000000;BORDER-RIGHT:1pt solid #000000;BORDER-TOP:1pt solid #000000;MARGIN-LEFT:0px;MARGIN-RIGHT:0px;WIDTH:100%"><div style="width:97%; margin-top:1.5%; margin-left:1.5%; margin-right:-1.25%">

 <P STYLE="font-size:1px;margin-top:18px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_2"></A>The Offering </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Offering </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares represent units of fractional undivided beneficial interest in, and ownership of, the Trust. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Use of proceeds </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">The proceeds received by the Trust from the issuance and sale of Baskets are euro. In accordance with the Depositary Trust Agreement, during the life of the Trust these proceeds will only be (1)
owned by the Trust and held by the Depository, (2) disbursed or sold as needed to pay the Trust&#146;s expenses and (3) distributed to Authorized Participants upon the redemption of Baskets. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">NYSE Arca symbol </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">FXE </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">CUSIP </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">23130C 10 8 </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Creation and redemption </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust creates and redeems the Shares on a continuous basis, but only in Baskets. A Basket is a block of 50,000 Shares. The creation and redemption of Baskets requires the delivery to the
Trust or the distribution by the Trust of the amount of euro represented by the Baskets being created or redeemed, the amount of which is based on the combined NAV per Share of the number of Shares included in the Baskets being created or redeemed.
The amount of euro required to create a Basket or to be delivered upon the redemption of a Basket may gradually decrease over time if the Trust&#146;s euro are withdrawn to pay the Trust&#146;s expenses. See &#147;Investment Attributes of the Trust
&#151; Trust Expenses.&#148; Baskets may be created or redeemed only by Authorized Participants. Authorized Participants pay a transaction fee for each order to create or redeem Baskets and may sell to other investors the Shares included in the
Baskets that they create. See &#147;Creation and Redemption of Shares&#148; for more details. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Interest on deposits </FONT></P></TD>
<TD> <P><FONT STYLE="font-family:Times New Roman" SIZE="2">JPMorgan Chase Bank, N.A., London Branch maintains two euro-denominated, demand deposit accounts for the Trust: a primary deposit account which may earn interest and a secondary deposit
account which does not earn interest. The secondary deposit account is used to account for any interest that may be received and paid out on creations and redemptions of Baskets. The secondary deposit account is also used to account for interest
earned on the primary deposit account, if any, to pay Trust expenses and to distribute any excess interest to Shareholders on a monthly basis. Interest on the primary deposit account, if any, accrues daily and is paid monthly. As of the date of this
prospectus, interest on the primary deposit account is accruing at an annual nominal rate of EONIA minus 27 basis points. The Depository may change the rate at which interest accrues, including reducing the interest rate to zero, based upon changes
in conditions such as significant market rate changes, a significant difference between the euro balance in the accounts and the euro balance anticipated by the Depository or the Depository&#146;s belief that EONIA does not accurately reflect the
market. The Depository will notify the Sponsor of the interest rate applied each </FONT></P></TD></TR></TABLE>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></div></div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3 </FONT></P>


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


<div style ="BORDER-BOTTOM:1pt solid #000000;BORDER-LEFT:1pt solid #000000;BORDER-RIGHT:1pt solid #000000;BORDER-TOP:1pt solid #000000;MARGIN-LEFT:0px;MARGIN-RIGHT:0px;WIDTH:100%"><div style="width:97%; margin-top:1.5%; margin-left:1.5%; margin-right:-1.25%">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:0%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
business day after the close of such business day. The Sponsor discloses the interest rate on the Trust&#146;s website. If the Sponsor believes that the interest rate paid by the Depository is
not competitive, the Sponsor&#146;s sole recourse will be to remove the Depository by terminating the Deposit Account Agreement and closing the accounts. See &#147;Description of the Deposit Account Agreement.&#148; Neither the Trustee nor the
Sponsor has the power or authority to deposit the Trust&#146;s euro with any other person, entity or account. Interest earned on the deposited euro, if any, will be used to pay the Trust&#146;s expenses. Any excess interest will be distributed to
Shareholders monthly. Such interest is not expected to form a significant part of the Shareholders&#146; investment return. Recently, the amount of interest earned by the Trust has not exceeded the Trust&#146;s expenses. Accordingly, the Trust has
withdrawn euro from the Trust to pay these expenses, which has the effect of reducing the amount of euro represented by each Share. The payment of expenses by the Trust is a taxable event to Shareholders. See &#147;United States Federal Tax
Consequences &#151; Taxation of U.S. Shareholders.&#148; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">Neither the Shares nor the Deposit Accounts and the euro deposited in them are deposits insured against loss by the FDIC, any other federal agency of the United States or the Financial Services
Compensation Scheme of England. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Net Asset Value </FONT></P></TD>
<TD> <P><FONT STYLE="font-family:Times New Roman" SIZE="2">The NAV of the Trust is the aggregate value, expressed in USD, of the Trust&#146;s assets, less its liabilities (which include estimated accrued but unpaid fees and expenses). The Trustee
calculates, and the Sponsor publishes, the Trust&#146;s net asset value (NAV) each business day. To calculate the NAV, the Trustee adds to the amount of euro in the Trust at the end of the preceding business day accrued but unpaid interest, if any,
euro receivable under pending purchase orders and the value of other Trust assets, and subtracts the accrued but unpaid Sponsor&#146;s fee, euro payable under pending redemption orders and other Trust expenses and liabilities, if any. The NAV is
expressed in USD based on the Closing Spot Rate as determined by WM/Reuters at 4:00 PM (London time) on each day that NYSE Arca is open for regular trading. If, on a particular evaluation day, the Closing Spot Rate has not been determined and
announced by 6:00 PM (London time), then the most recent WM/Reuters determination of the Closing Spot Rate shall be used to determine the NAV of the Trust unless the Trustee, in consultation with the Sponsor, determines that such price is
inappropriate to use as the basis for such valuation. In the event that the Trustee and the Sponsor determine that the most recent determination of the Closing Spot Rate is not an appropriate basis for valuation of the Trust&#146;s euro, the Trustee
and the Sponsor shall determine an alternative basis for such evaluation to be employed by the Trustee. Such an alternative basis may include reference to other exchange-traded securities that reflect the value of the euro relative to the USD. The
use of any alternative basis </FONT></P></TD></TR></TABLE>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></div></div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4 </FONT></P>


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


<div style ="BORDER-BOTTOM:1pt solid #000000;BORDER-LEFT:1pt solid #000000;BORDER-RIGHT:1pt solid #000000;BORDER-TOP:1pt solid #000000;MARGIN-LEFT:0px;MARGIN-RIGHT:0px;WIDTH:100%"><div style="width:97%; margin-top:1.5%; margin-left:1.5%; margin-right:-1.25%">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:0%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
to determine NAV would be disclosed on the Trust&#146;s website. The Trustee also determines the NAV per Share, which equals the NAV of the Trust divided by the number of outstanding Shares. The
Sponsor publishes the NAV and NAV per Share on each day that NYSE Arca is open for regular trading on the Trust&#146;s website, www.currencyshares.com. </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Trust expenses </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust&#146;s only ordinary recurring expense is the Sponsor&#146;s fee. The Sponsor is obligated under the Depositary Trust Agreement to assume and pay the following administrative and
marketing expenses of the Trust: the Trustee&#146;s monthly fee, typical maintenance and transaction fees of the Depository, SEC registration fees, printing and mailing costs, audit fees and expenses, up to $100,000 per annum in legal fees and
expenses, applicable license fees and NYSE Arca listing fees. The Trust may incur additional expenses in certain other circumstances. These additional expenses include expenses not assumed by the Sponsor, taxes and governmental charges, expenses and
costs of any extraordinary services performed by the Trustee or the Sponsor on behalf of the Trust or action taken by the Trustee or the Sponsor to protect the Trust or the interests of Shareholders, indemnification of the Sponsor under the
Depositary Trust Agreement and legal fees and expenses in excess of $100,000 per year. If these additional expenses are incurred, the Trust will be required to pay these expenses by withdrawing deposited euro and the amount of euro represented by a
Share will decline at such time. Accordingly, the Shareholders will effectively bear the cost of these other expenses, if incurred. Although the Sponsor cannot definitively state the frequency or magnitude of such expenses, the Sponsor predicts that
they will occur infrequently, if at all. See &#147;Description of the Depositary Trust Agreement &#151; Expenses of the Trust.&#148; </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD> <P><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor&#146;s fee accrues daily at an annual nominal rate of 0.40% of the euro in the Trust (including all unpaid interest but excluding unpaid fees, each as accrued through the
immediately preceding day) and is paid monthly. To pay the Sponsor&#146;s fee and any other Trust expenses that have been incurred each month, the Trustee first withdraws euro the Trust has earned as interest, if any. Recently, the amount of
interest earned by the Trust has not been sufficient to pay the Trust&#146;s expenses. Accordingly, the Trustee has been required to withdraw euro from the Trust to pay these excess expenses, which has the effect of reducing the amount of euro
represented by each Share. See &#147;Investment Attributes of the Trust &#151; Trust Expenses&#148; and &#147;Description of the Depositary Trust Agreement &#151; Expenses of the Trust.&#148; The payment of expenses in euro and the conversion of
euro to USD, if required to pay expenses of the Trust, are generally taxable events to U.S. </FONT></P></TD></TR></TABLE>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></div></div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5 </FONT></P>


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


<div style ="BORDER-BOTTOM:1pt solid #000000;BORDER-LEFT:1pt solid #000000;BORDER-RIGHT:1pt solid #000000;BORDER-TOP:1pt solid #000000;MARGIN-LEFT:0px;MARGIN-RIGHT:0px;WIDTH:100%"><div style="width:97%; margin-top:1.5%; margin-left:1.5%; margin-right:-1.25%">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:0%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
Shareholders. See &#147;United States Federal Tax Consequences &#151; Taxation of U.S. Shareholders.&#148; The Sponsor does not anticipate any non-ordinary recurring expenses that will be paid
from the Trust. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Termination events </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee will terminate the Trust if any of the following events occur: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Sponsor has given notice of resignation or is unable to perform its duties or becomes bankrupt or insolvent and the Trustee does not appoint a
successor sponsor or agree to act as sponsor; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Shareholders holding at least 75% of the outstanding Shares notify the Trustee that they elect to terminate the Trust; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Depository resigns or is removed; or </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Trustee receives notice from the IRS or from counsel for the Trust or the Sponsor that the Trust fails to qualify for treatment, or will not be
treated, as a grantor trust under the Internal Revenue Code of 1986, as amended (Internal Revenue Code). </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor may, in its sole discretion, direct the Trustee to terminate the Trust if any of the following events occur: </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Shares are delisted from NYSE Arca and are not listed for trading on another U.S. national securities exchange within five business days from the
date the Shares are delisted; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the SEC determines that the Trust is an investment company under the Investment Company Act; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the NAV of the Trust remains less than $100 million for 30 consecutive business days; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">all of the Trust&#146;s assets are sold; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the aggregate market capitalization of the Trust, based on the closing price for the Shares, remains less than $300 million for five consecutive
trading days; or </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="40%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="1%" VALIGN="top" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">DTC stops providing book-entry settlement services for the Shares. </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">If the Trustee notifies the Sponsor of the Trustee&#146;s election to resign and the Sponsor does not appoint a successor trustee within 60 days, the Trustee may terminate the Trust.
</FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust will terminate on December 5, 2045 if it has not been terminated prior to that date. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">Upon termination of the Trust and surrender of Shares by the Shareholders, Shareholders will receive the amount of euro represented by their Shares. If, however, a Shareholder surrenders its
Shares 90 days or more after the termination of the Trust, it will receive a distribution in USD after the Trustee has sold the Trust&#146;s euro and has paid or made provision for the Trust&#146;s liabilities. See &#147;Description of the Trust
Agreement &#151; Termination of the Trust.&#148; </FONT></TD></TR></TABLE>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></div></div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">6 </FONT></P>


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


<div style ="BORDER-BOTTOM:1pt solid #000000;BORDER-LEFT:1pt solid #000000;BORDER-RIGHT:1pt solid #000000;BORDER-TOP:1pt solid #000000;MARGIN-LEFT:0px;MARGIN-RIGHT:0px;WIDTH:100%"><div style="width:97%; margin-top:1.5%; margin-left:1.5%; margin-right:-1.25%">

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Authorized Participants </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">An Authorized Participant is a DTC Participant that is a registered broker-dealer or other securities market participant such as a bank or other financial institution that is not required to
register as a broker-dealer to engage in securities transactions and has entered into a Participant Agreement with the Trustee. Only Authorized Participants may place orders to create or redeem Baskets. The Participant Agreement provides the
procedures for the creation and redemption of Baskets and for the delivery of euro required for creation or redemption. A list of the current Authorized Participants can be obtained from the Trustee or the Sponsor. See &#147;Creation and Redemption
of Shares&#148; for more details. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Shareholders trading via NYSE Arca </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">A Shareholder who buys or sells Shares from, to, or through a broker-dealer should expect to be charged a commission by the broker-dealer for effecting the transaction. Investors are encouraged
to review the terms of their brokerage accounts for details on applicable commissions or charges. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR VALIGN="TOP">
<TD WIDTH="35%"> <P STYLE="margin-bottom:1px; margin-left:2%; text-indent:-2%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Clearance and settlement </FONT></P></TD>
<TD><FONT STYLE="font-family:Times New Roman" SIZE="2">All Shares are evidenced by one or more global certificates issued by the Trustee to DTC. The Shares are available only in book-entry form. Shareholders may hold their Shares through DTC, if
they are DTC Participants, or through Authorized Participants or Indirect Participants. </FONT></TD></TR></TABLE>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P></div></div>

 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">7 </FONT></P>


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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><A NAME="tx107964_3"></A>Risk Factors </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>You should consider carefully the risks described below before making an investment decision. You should also refer to the other information included
in this prospectus, including the Trust&#146;s financial statements and the related notes. See &#147;Glossary of Terms&#148; beginning on page 12 for a description of certain terms used in this prospectus. </I></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The value of the Shares relates directly to the value of the euro held by the Trust. Fluctuations in the price of the euro could materially and
adversely affect the value of the Shares. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are designed to reflect the price of the euro, plus accumulated interest, if any,
less the Trust&#146;s expenses. The price of euro has fluctuated widely over the past several years, and volatility has increased in recent months due, in part, to concern over the national debt levels of certain European Union members and the
potential impact of this debt on the value of the euro. Several factors may affect the price of the euro, including: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">National debt levels and trade deficits; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Domestic and foreign inflation and interest rates and investors&#146; expectations concerning those rates; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Currency exchange rates; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Investment and trading activities of mutual funds, hedge funds and currency funds; and </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Global or regional political, economic or financial events and situations. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In addition, the euro may not maintain its long-term value in terms of purchasing power in the future. When the price of the euro declines, the Sponsor
expects the price of a Share to decline as well. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The USD/euro exchange rate, like foreign exchange rates in general, can be volatile and
difficult to predict. This volatility could materially and adversely affect the performance of the Shares. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Foreign exchange rates are
influenced by the factors identified immediately above and may also be influenced by: changing supply and demand for a particular currency; monetary policies of governments (including exchange control programs, restrictions on local exchanges or
markets and limitations on foreign investment in a country or on investment by residents of a country in other countries); changes in balances of payments and trade; trade restrictions; and currency devaluations and revaluations. Also, governments
from time to time intervene in the currency markets, directly and by regulation, in order to influence prices directly. These events and actions are unpredictable. The resulting volatility in the USD/euro exchange rate could materially and adversely
affect the performance of the Shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The Trustee has recently withdrawn euro from the Trust to pay expenses, reducing the amount of euro
represented by each Share and potentially resulting in adverse tax consequences for Shareholders. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each outstanding Share represents a
fractional, undivided interest in the euro held by the Trust. Recently, the amount of interest earned by the Trust has not exceeded the Trust&#146;s expenses; accordingly, the Trustee has been required to withdraw euro from the Trust to pay these
excess expenses. As long as the amount of interest earned does not exceed expenses, the amount of euro represented by each Share will gradually decline. This is true even if additional Shares are issued in exchange for additional deposits of euro
into the Trust, as the amount of euro required to create Shares will proportionately reflect the amount of euro represented by the Shares outstanding at the time of creation. As long as the Trust&#146;s expenses are greater than the amount of
interest earned, the Shares will only maintain their original price if the price of euro increases. There is no guarantee that interest earned by the Trust in the future will exceed the Trust&#146;s expenses. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Investors should be aware that a gradual decline in the amount of euro represented by the Shares may occur regardless of whether the trading price of the
Shares rises or falls in response to changes in the price of euro. The estimated ordinary operating expenses of the Trust, which accrue daily, are described in &#147;Investment Attributes of the Trust &#151; Trust Expenses.&#148; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The payment of expenses by the Trust will result in a taxable event to Shareholders. To the extent Trust expenses exceed interest paid to the Trust, a
gain or loss may be recognized by Shareholders depending on the tax basis of the tendered euro. See &#147;United States Federal Tax Consequences &#150; Taxation of U.S. Shareholders&#148; for more information. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">8 </FONT></P>


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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The interest rate paid by the
Depository, if any, may not be the best rate available. If the Sponsor determines that the interest rate is inadequate, then its sole recourse is to remove the Depository and terminate the Deposit Accounts. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository is committed to endeavor to pay a competitive interest rate on the balance of euro in the primary deposit account of the Trust, but there
is no guarantee of the amount of interest that will be paid, if any, on this account. Interest on the primary deposit account, if any, accrues daily and is paid monthly. The Depository may change the rate at which interest accrues based upon
significant market rate changes, the euro balances in the Deposit Account are significantly different than anticipated by the Depository or EONIA ceases to accurately reflect the market. The Depository notifies the Sponsor of the interest rate
applied each business day after the close of such business day. The Sponsor discloses the current interest rate on the Trust&#146;s website. If the Sponsor believes that the interest rate paid by the Depository is not adequate, the Sponsor&#146;s
sole recourse is to remove the Depository and terminate the Deposit Accounts. The Depository is not paid a fee for its services to the Trust; rather, it generates income or loss based on its ability to earn a &#147;spread&#148; or &#147;margin&#148;
over the interest it pays to the Trust by using the Trust&#146;s euro to make loans or in other banking operations. For these reasons, you should not expect that the Trust will be paid the best available interest rate at any time or over time.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>If the Trust incurs expenses in USD, the Trust would be required to sell euro to pay these expenses. The sale of the Trust&#146;s euro to
pay expenses in USD at a time of low euro prices could adversely affect the value of the Shares. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee will sell euro held by the
Trust to pay Trust expenses, if any, incurred in USD, irrespective of then-current euro prices. The Trust is not actively managed and no attempt will be made to buy or sell euro to protect against or to take advantage of fluctuations in the price of
the euro. Consequently, if the Trust incurs expenses in USD, the Trust&#146;s euro may be sold at a time when the euro price is low, resulting in a negative effect on the value of the Shares. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The Deposit Accounts are not entitled to payment at any office of JPMorgan Chase Bank, N.A. located in the United States. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The federal laws of the United States prohibit banks located in the United States from paying interest on unrestricted demand deposit accounts.
Therefore, payments out of the Deposit Accounts will be payable only at the London branch of JPMorgan Chase Bank, N.A., located in England. The Trustee will not be entitled to demand payment of these accounts at any office of JPMorgan Chase Bank,
N.A. that is located in the United States. JPMorgan Chase Bank, N.A. will not be required to repay the deposit if its London branch cannot repay the deposit due to an act of war, insurrection or civil strife or an action by a foreign government or
instrumentality (whether de jure or de facto) in England. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Shareholders do not have the protections associated with ownership of a demand
deposit account insured in the United States by the Federal Deposit Insurance Corporation nor the protection provided for bank deposits under English law. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Neither the Shares nor the Deposit Accounts and the euro deposited in them are deposits insured against loss by the FDIC, any other federal agency of the
United States or the Financial Services Compensation Scheme of England. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>If the Depository becomes insolvent, its assets might not be
adequate to satisfy a claim by the Trust or any Authorized Participant. In addition, in the event of the insolvency of the Depository or the U.S. bank of which it is a branch, there may be a delay and costs incurred in recovering the euro held in
the Deposit Accounts. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Euro deposited in the Deposit Accounts by an Authorized Participant are commingled with euro deposited by other
Authorized Participants and are held by the Depository in either the primary deposit account or the secondary deposit account of the Trust. Euro held in the Deposit Accounts are not segregated from the Depository&#146;s other assets. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust has no proprietary rights in or to any specific euro held by the Depository and will be an unsecured creditor of the Depository with respect to
the euro held in the Deposit Accounts in the event of the insolvency of the Depository or the U.S. bank of which it is a branch. In the event the Depository or the U.S. bank of which it is a branch becomes insolvent, the Depository&#146;s assets
might not be adequate to satisfy a claim by the Trust or any Authorized Participant for the amount of euro deposited by the Trust or the Authorized Participant and, in such event, the Trust and any Authorized Participant will generally have no right
in or to assets other than those of the Depository. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">9 </FONT></P>


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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In the case of insolvency of the
Depository or JPMorgan Chase Bank, N.A., the U.S. bank of which the Depository is a branch, a liquidator may seek to freeze access to the euro held in all accounts by the Depository, including the Deposit Accounts. The Trust and the Authorized
Participants could incur expenses and delays in connection with asserting their claims. These problems would be exacerbated by the fact that the Deposit Accounts are not held in the U.S. but instead are held at the London branch of a U.S. national
bank, where they are subject to English insolvency law. Further, under U.S. law, in the case of the insolvency of JPMorgan Chase Bank, N.A., the claims of creditors in respect of accounts (such as the Trust&#146;s Deposit Accounts) that are
maintained with an overseas branch of JPMorgan Chase Bank, N.A. will be subordinate to claims of creditors in respect of accounts maintained with JPMorgan Chase Bank, N.A. in the U.S., greatly increasing the risk that the Trust and the Trust&#146;s
beneficiaries would suffer a loss. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Shareholders do not have the protections associated with ownership of shares in an investment company
registered under the Investment Company Act. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Investment Company Act is designed to protect investors by preventing: insiders from
managing investment companies to their benefit and to the detriment of public investors; the issuance of securities having inequitable or discriminatory provisions; the management of investment companies by irresponsible persons; the use of unsound
or misleading methods of computing earnings and asset value; changes in the character of investment companies without the consent of investors; and investment companies from engaging in excessive leveraging. To accomplish these ends, the Investment
Company Act requires the safekeeping and proper valuation of fund assets, restricts greatly transactions with affiliates, limits leveraging, and imposes governance requirements as a check on fund management. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust is not registered as an investment company under the Investment Company Act and is not required to register under that act. Consequently,
Shareholders do not have the regulatory protections afforded to investors in registered investment companies. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Shareholders do not have the
rights enjoyed by investors in certain other financial instruments. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">As interests in a grantor trust, the Shares have none of the
statutory rights normally associated with the ownership of shares of a business corporation, including, for example, the right to bring &#147;oppression&#148; or &#147;derivative&#148; actions. Apart from the rights afforded to them by federal and
state securities laws, Shareholders have only those rights relative to the Trust, the Trust property and the Shares that are set forth in the Depositary Trust Agreement. In this connection, the Shareholders have limited voting and distribution
rights. They do not have the right to elect directors. See &#147;Description of the Shares&#148; for a description of the limited rights of the Shareholders. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The Shares may trade at a price which is at, above, or below the NAV per Share. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The NAV per Share fluctuates with changes in the market value of the Trust&#146;s assets. The market price of Shares can be expected to fluctuate in
accordance with changes in the NAV per Share, but also in response to market supply and demand. As a result, the Shares might trade at prices at, above or below the NAV per Share. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The Depository owes no fiduciary duties to the Trust or the Shareholders, is not required to act in their best interest and could resign or be removed
by the Sponsor, which would trigger early termination of the Trust. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository is not a trustee for the Trust or the Shareholders. As
stated above, the Depository is not obligated to maximize the interest rate paid to the Trust. In addition, the Depository has no duty to continue to act as the depository of the Trust. The Depository can terminate its role as depository for any
reason whatsoever upon 90 days&#146; notice to the Trust. Such a termination might result, for example, if the Sponsor determines that the interest rate paid by the Depository is inadequate. In the event that the Depository were to resign or be
removed, the Trust will be terminated. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Shareholders may incur significant fees upon the termination of the Trust. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The occurrence of any one of several events would either require the Trust to terminate or permit the Sponsor to terminate the Trust. For example, if the
Depository were to resign or be removed, then the Sponsor would be required to terminate the Trust. Shareholders tendering their Shares within 90 days of the Trust&#146;s termination will receive the amount of euro represented by their Shares.
Shareholders may incur significant fees if they choose to convert the euro they receive to USD. See &#147;Description of the Depositary Trust Agreement &#151; Termination of the Trust&#148; for more information about the termination of the Trust,
including when the termination of the Trust may be triggered by events outside the direct control of the Sponsor, the Trustee or the Shareholders. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">10 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Redemption orders are subject to
rejection by the Trustee under certain circumstances. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee will reject a redemption order if the order is not in proper form as
described in the Participant Agreement or if the fulfillment of the order, in the opinion of its counsel, might be unlawful. Any such rejection could adversely affect a redeeming Shareholder. For example, the resulting delay would adversely affect
the value of the Shareholder&#146;s redemption distribution if the NAV were to decline during the delay. See &#147;Creation and Redemption of Shares &#151; Redemption Procedures &#151; Suspension or rejection of redemption orders.&#148; In the
Depositary Trust Agreement, the Sponsor and the Trustee disclaim any liability for any loss or damage that may result from any such rejection. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Substantial sales of euro by the official sector could adversely affect an investment in the Shares. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The official sector consists of central banks, other governmental agencies and multi-lateral institutions that buy, sell and hold euro as part of their
reserve assets. The official sector holds a significant amount of euro that can be mobilized in the open market. In the event that future economic, political or social conditions or pressures require members of the official sector to sell their euro
simultaneously or in an uncoordinated manner, the demand for euro might not be sufficient to accommodate the sudden increase in the supply of euro to the market. Consequently, the price of the euro could decline, which would adversely affect an
investment in the Shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Shareholders that are not Authorized Participants may only purchase or sell their Shares in secondary trading
markets. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Only Authorized Participants may create or redeem Baskets through the Trust. All other investors that desire to purchase or sell
Shares must do so through NYSE Arca or in other markets, if any, in which the Shares are traded. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The liability of the Sponsor and the
Trustee under the Depositary Trust Agreement is limited and, except as set forth in the Depositary Trust Agreement, they are not obligated to prosecute any action, suit or other proceeding in respect of any Trust property. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depositary Trust Agreement provides that neither the Sponsor nor the Trustee assumes any obligation or is subject to any liability under the Trust
Agreement to any Shareholder, except that they each agree to perform their respective obligations specifically set forth in the Depositary Trust Agreement without negligence or bad faith. Additionally, neither the Sponsor nor the Trustee is
obligated to, although each may in its respective discretion, prosecute any action, suit or other proceeding in respect of any Trust property. The Depositary Trust Agreement does not confer upon Shareholders the right to prosecute any such action,
suit or other proceeding. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The Depositary Trust Agreement may be amended to the detriment of Shareholders without their consent.
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor and the Trustee may amend most provisions (other than those addressing core economic rights) of the Depositary Trust
Agreement without the consent of any Shareholder. Such an amendment could impose or increase fees or charges borne by the Shareholders. Any amendment that increases fees or charges (other than taxes and other governmental charges, registration fees
or other expenses), or that otherwise prejudices any substantial existing rights of Shareholders, will not become effective until 30 days after written notice is given to Shareholders. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>The License Agreement with The Bank of New York Mellon may be terminated by The Bank of New York Mellon in the event of a material breach. Termination
of the License Agreement might lead to early termination and liquidation of the Trust. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Bank of New York Mellon and an affiliate of
the Sponsor have entered into a License Agreement granting the Sponsor&#146;s affiliate a license to certain patent applications made by The Bank of New York Mellon covering systems and methods for securitizing a commodity. The Sponsor&#146;s
affiliate has sublicensed the license to the Sponsor. The license is limited to a non-exclusive grant for the life of The Bank of New York Mellon&#146;s patents and patent applications. The License Agreement provides that each of the parties may
provide notice of intent to terminate the License Agreement in the event the other party commits a material breach. If the License Agreement is terminated and one or more of The Bank of New York Mellon&#146;s patent applications issue as patents,
then The Bank of New York Mellon may claim that the operation of the Trust violates its patent or patents and seek an injunction forcing the Trust to cease operation and the Shares to cease trading. In that case, the Trust might be forced to
terminate and liquidate, which would adversely affect Shareholders. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">11 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_4"></A>Glossary of Terms </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In this prospectus, each of the following terms has the meaning assigned to it here: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Authorized Participant&#148; &#151; A DTC Participant that is a registered broker-dealer or other securities market participant such as a bank or
other financial institution that is not required to register as a broker-dealer to engage in securities transactions and that has entered into a Participant Agreement with the Sponsor and the Trustee. Only Authorized Participants may place orders to
create or redeem Baskets. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Basket Euro Amount&#148; &#151; The deposit required to create one or more Baskets pursuant to a purchase
order. This deposit will be an amount of euro bearing the same proportion to the number of Baskets to be created as the total assets of the Trust (net of estimated accrued but unpaid expenses) bears to the number of Baskets outstanding on the date
that the order to purchase is accepted by the Trustee. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Closing Spot Rate&#148; &#151; The USD/euro exchange rate as determined by
WM/Reuters at 4:00 PM (London time) on each day that NYSE Arca is open for regular trading. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Deposit Accounts&#148; &#151; The primary
and secondary euro-denominated, demand accounts of the Trust established with the Depository by the Deposit Account Agreement. The Deposit Accounts hold the euro deposited with the Trust. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Deposit Account Agreement&#148; &#151; The agreements, including the Account Application and the JPMorgan Chase Bank, N.A. Global Account Terms,
between the Trustee and the Depository establishing the Deposit Accounts with the Depository. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Depositary Trust Agreement&#148; &#150;
The agreement between the Trustee and the Sponsor establishing and governing the operations of the Trust. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;DTC&#148; &#151; The
Depository Trust Company. DTC is a limited purpose trust company organized under the laws of the State of New York, a member of the U.S. Federal Reserve System and a clearing agency registered with the SEC. DTC acts as the securities depository for
the Shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;DTC Participant&#148; &#151; Participants in DTC, such as banks, brokers, dealers and trust companies. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;EONIA&#148; &#151; Euro OverNight Index Average as calculated by the European Central Bank and published by the European Banking Federation on Page
247 of the Moneyline Telerate screen, a subscription service offered by Reuters. EONIA is an effective overnight reference rate for the euro and is the benchmark for the competitive market interest rate to be paid to the Shareholders of the Trust.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;euro&#148; &#151; The currency of sixteen European Monetary Union countries (Austria, Belgium, Cyprus, Finland, France, Germany,
Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain). The term &#147;euro&#148; is both singular and plural. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Foreign exchange&#148; &#151; The exchange of one currency for another. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Indirect Participants&#148; &#151; Those banks, brokers, dealers, trust companies and others that maintain, either directly or indirectly, a
custodial relationship with a DTC Participant. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Internal Revenue Code&#148; &#151; The Internal Revenue Code of 1986, as amended.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Investment Company Act&#148; &#151; The Investment Company Act of 1940, as amended. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;NAV&#148; &#151; Net asset value. The Trustee calculates, and the Sponsor publishes, the Trust&#146;s NAV each business day as soon as practicable
after WM/Reuters announces the Closing Spot Rate. To calculate the NAV, the Trustee adds to the amount of euro in the Trust at the end of the preceding day accrued but unpaid interest, if any, euro receivable under pending purchase orders and the
value of other Trust assets, and subtracts the accrued but unpaid Sponsor&#146;s fee, euro payable under pending redemption orders and other Trust expenses and liabilities, if any. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Participant Agreement&#148; &#151; An agreement entered into by each Authorized Participant with the Sponsor and the Trustee that states the
procedures for the creation and redemption of Baskets and for the delivery of euro required for creation and redemption. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Securities
Act&#148; &#151; The Securities Act of 1933, as amended. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Securities Exchange Act&#148; &#151; The Securities Exchange Act of 1934, as
amended. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">12 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Shareholder&#148; &#151; Any
owner of a Share (whether such owner owns through DTC, a DTC Participant or an Indirect Participant). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Sponsor Indemnified Party&#148;
&#151; The Sponsor, its members, officers, employees and agents. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;SWIFT&#148; &#151; Society for Worldwide Interbank Financial
Telecommunication. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;USD&#148; or &#147;$&#148; &#151; United States Dollar or Dollars. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;WM/Reuters&#148; &#151; A joint venture of The WM Company PLC and Thomson Reuters. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">13 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_5"></A>Statement Regarding Forward-Looking Statements </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">This prospectus and information incorporated by reference in this prospectus includes &#147;forward-looking statements&#148; which generally relate to
future events or future performance. In some cases, you can identify forward-looking statements by terminology such as &#147;may,&#148; &#147;will,&#148; &#147;should,&#148; &#147;expect,&#148; &#147;plan,&#148; &#147;anticipate,&#148;
&#147;believe,&#148; &#147;estimate,&#148; &#147;predict,&#148; &#147;potential&#148; or the negative of these terms or other comparable terminology. All statements (other than statements of historical fact) included in this prospectus or
incorporated by reference in this prospectus that address activities, events or developments that will or may occur in the future, including such matters as changes in currency prices and market conditions (for the euro and the Shares), the
Trust&#146;s operations, the Sponsor&#146;s plans and references to the Trust&#146;s future success and other similar matters are forward-looking statements. These statements are only predictions. Actual events or results may differ materially.
These statements are based upon certain assumptions and analyses the Sponsor made, based on its perceptions of historical trends, current conditions and expected future developments, as well as other factors appropriate in the circumstances. Whether
or not actual results and developments will conform to the Sponsor&#146;s expectations and predictions, however, is subject to a number of risks and uncertainties, including the special considerations discussed in this prospectus, general economic,
market and business conditions, changes in laws and regulations, including those concerning taxes, made by governmental authorities and regulatory bodies and other world economic and political developments. See &#147;Risk Factors.&#148;
Consequently, all forward-looking statements made in this prospectus or incorporated by reference in this prospectus are qualified by these cautionary statements, and there can be no assurance that the actual results or developments that the Sponsor
anticipates will be realized or, even if substantially realized, that they will result in the expected consequences to, or have the expected effects on, the Trust&#146;s operations or the value of the Shares. Moreover, neither the Sponsor nor any
other person assumes responsibility for the accuracy or completeness of the forward-looking statements. Neither the Trust nor the Sponsor is under a duty to update any of the forward-looking statements to conform such statements to actual results or
to reflect a change in the Sponsor&#146;s expectations or predictions. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_6"></A>Use of Proceeds
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The proceeds received by the Trust from the issuance and sale of Baskets are euro. Such proceeds are deposited into the Deposit Accounts.
In accordance with the Depositary Trust Agreement, during the life of the Trust these proceeds will only be (1)&nbsp;owned by the Trust and held by the Depository, (2)&nbsp;disbursed or sold as needed to pay the Trust&#146;s expenses, and
(3)&nbsp;distributed to Authorized Participants upon the redemption of Baskets. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">14 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_7"></A>Overview of the Foreign Exchange Industry </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">There are three major kinds of transactions in the traditional foreign exchange markets: spot transactions, outright forwards and foreign exchange swaps.
&#147;Spot&#148; trades are foreign exchange transactions that settle typically within two business days with the counterparty to the trade. &#147;Forward&#148; trades are transactions that settle on a date beyond spot and &#147;swap&#148;
transactions are transactions in which two parties exchange two currencies on one or more specified dates over an agreed period and exchange them again when the period ends. There also are transactions in currency options, which trade both
over-the-counter and, in the U.S., on the Philadelphia Stock Exchange. Currency futures are transactions in which an institution buys or sells a standardized amount of foreign currency on an organized exchange for delivery on one of several
specified dates. Currency futures are traded in a number of regulated markets, including the International Monetary Market division of the Chicago Mercantile Exchange, the Singapore Exchange Derivatives Trading Limited (formerly the Singapore
International Monetary Exchange, or SIMEX) and the London International Financial Futures Exchange (LIFFE). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Participants in the foreign
exchange market have various reasons for participating. Multinational corporations and importers need foreign currency to acquire materials or goods from abroad. Banks and multinational corporations sometimes require specific wholesale funding for
their commercial loan or other foreign investment portfolios. Some participants hedge open currency exposure through off-balance-sheet products. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The primary market participants in foreign exchange are banks (including government-controlled central banks), investment banks, money managers,
multinational corporations and institutional investors. The most significant participants are the major international commercial banks that act both as brokers and as dealers. In their dealer role, these banks maintain long or short positions in a
currency and seek to profit from changes in exchange rates. In their broker role, the banks handle buy and sell orders from commercial customers, such as multinational corporations. The banks earn commissions when acting as agent. They profit from
the spread between the rates at which they buy and sell currency for customers when they act as principal. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Much of the foregoing information
is taken from <I>A Foreign Exchange Primer</I> by Shani Shamah (John Wiley&nbsp;&amp; Sons Ltd., 2003) and <I>Trading in the Global Currency Markets</I> by Cornelius Luca (New York Institute of Finance, 2d ed., 2000). </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">15 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_8"></A>The Euro </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In 1998, the European Central Bank in Frankfurt was organized by Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands,
Portugal and Spain in order to establish a common currency &#151; the euro. In 2001, Greece joined as the twelfth country adopting the euro as its national currency. Unlike the U.S. Federal Reserve System, the Bank of Japan and other comparable
central banks, the European Central Bank is a central authority that conducts monetary policy for an economic area consisting of many otherwise largely autonomous states. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">At its inception on January&nbsp;1, 1999, the euro was launched as an electronic currency used by banks, foreign exchange dealers and stock markets. In
2002, the euro became cash currency for approximately 300&nbsp;million citizens of 12 European countries. On May&nbsp;1, 2004, ten additional countries joined the European Union. Of these ten countries, Slovakia, Slovenia, Cyprus and Malta had
adopted the euro as of late-2009. The additional European Union members anticipated to adopt the euro are the Czech Republic, Estonia, Hungary, Latvia, Lithuania and Poland. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Although the European countries that have adopted the euro are members of the European Union, the United Kingdom, Denmark and Sweden are European Union
members that have not adopted the euro as their national currency. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Certain of the foregoing information is taken from the European Commission
Website: </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">http://ec.europa.eu/economy_finance/euro/index_en.htm </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">16 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:18px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_9"></A>Investment Attributes of the Trust </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The investment objective of the Trust is for the Shares to reflect the price in USD of the euro. The Sponsor believes that, for many investors, the
Shares represent a cost-effective means of investing in the foreign exchange market. As the value of the Shares is tied to the value of the euro held by the Trust, it is important in understanding the investment attributes of the Shares to first
understand the investment attributes of the euro. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>REASONS FOR INVESTING IN EURO </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">All forms of investment carry some degree of risk. Although the Shares have certain unique risks described in &#147;Risk Factors,&#148; generally these
are the same risks as investing directly in the euro. Moreover, investment in the Shares may help to balance a portfolio or protect against currency swings, thereby reducing overall risk. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Investors may wish to invest in the euro in order to take advantage of short-term tactical or long-term strategic opportunities. From a tactical
perspective, an investor that believes that the USD is weakening relative to the euro may choose to buy Shares in order to capitalize on the potential movement. An investor that believes that the euro is overvalued relative to the USD may choose to
sell Shares. Sales may also include short sales that are permitted under SEC and exchange regulations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">From a strategic standpoint, since
currency movements can affect returns on cross-border investments and businesses, both individual investors and businesses may choose to hedge their currency risk through the purchase or sale of euro. For example, in the case where a U.S. investor
has a portfolio consisting of European equity and fixed income securities, the investor may decide to hedge the currency exposure that exists within the European portfolio by selling an appropriate amount of Shares. Again, such sales may include
short sales in accordance with applicable SEC regulations. In doing this, the U.S. investor may be able to mitigate the impact that changes in exchange rates have on the returns associated with European equity and fixed income components of the
portfolio. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Similarly, a business that has currency exposure because it manufactures or sells its products abroad is exposed to exchange rate
risk. Buying or selling Shares in appropriate amounts can reduce the business&#146;s exchange rate risk. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">More generally, investors that wish
to diversify their investment portfolios with a wider range of non-correlative investments may desire to invest in foreign currencies. Non-correlative asset classes, such as foreign currencies, are often used to enhance investment portfolios by
making them more consistent and less volatile. Less volatility means lower risk and closer proximity to an expected return. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>COST-EFFICIENT
PARTICIPATION IN THE MARKET FOR EURO </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are intended to provide institutional and retail investors with a simple, cost-effective
means of gaining investment benefits similar to those of holding euro. The costs of purchasing Shares should not exceed the costs associated with purchasing any other publicly-traded equity securities. The Shares are an investment that is:
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Easily Accessible</I>. Investors are able to access the market for the euro through a traditional brokerage account. The
Shares are bought and sold on NYSE Arca like any other exchange-listed security. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Exchange-Traded</I>. Because they are
traded on NYSE Arca, the Shares provide investors with an efficient means of implementing investment tactics and strategies that involve euro. NYSE Arca-listed securities are eligible for margin accounts. Accordingly, investors are able to purchase
and hold Shares with borrowed money to the extent permitted by law. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Transparent</I>. The Shares are backed by the assets of
the Trust, which does not hold or use derivative products. The value of the holdings of the Trust are reported on the Trust&#146;s website, www.currencyshares.com, every business day. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Investing in the Shares will not insulate the investor from price volatility or other risks. See &#147;Risk Factors.&#148; </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INTEREST ON DEPOSITED EURO </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">JPMorgan
Chase Bank, N.A., London Branch maintains two deposit accounts for the Trust: a primary deposit account which may earn interest and a secondary deposit account which does not earn interest. Interest on the primary deposit account, if any, accrues
daily and is paid monthly. The Depository may change the rate at which interest accrues if there are significant market rate changes, the euro balances in the Deposit Accounts are significantly different than anticipated by the Depository or EONIA
ceases to accurately reflect the market. The Depository notifies the Sponsor of the interest rate applied each business day after the close of such business day. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">17 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
The Sponsor discloses the current interest rate on the Trust&#146;s website. If the Sponsor believes that the interest rate paid by the Depository is not competitive, the Sponsor&#146;s sole
recourse will be to remove the Depository by terminating the Deposit Account Agreement and closing the accounts. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The secondary deposit
account is used to account for any interest that may be received and paid out on creations and redemptions of Baskets. The secondary deposit account is also used to account for interest earned on the primary deposit account, if any, pay Trust
expenses and distribute any excess interest to Shareholders on a monthly basis. In the event that the interest deposited exceeds the sum of the Sponsor&#146;s fee for the prior month plus other Trust expenses, if any, then the Trustee will direct
that the excess be converted into USD at a prevailing market rate and the Trustee will distribute the USD as promptly as practicable to Shareholders on a pro-rata basis (in accordance with the number of Shares that they own). </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TRUST EXPENSES </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust&#146;s only
ordinary recurring expense is the Sponsor&#146;s fee. The Sponsor is responsible for payment of the following administrative and marketing expenses of the Trust: the Trustee&#146;s monthly fee, typical maintenance and transaction fees of the
Depository, NYSE Arca listing fees, SEC registration fees, printing and mailing costs, audit fees and expenses, up to $100,000 per annum in legal fees and expenses, and applicable license fees. The Sponsor also paid the costs of the Trust&#146;s
organization and the costs of the initial sale of the Shares, including the applicable SEC registration fees. The Sponsor&#146;s fee accrues daily at an annual nominal rate of 0.40% of the euro in the Trust. Each month, the Trust first withdraws
euro the Trust has earned as interest, if any, to pay the Sponsor&#146;s fee and any other Trust expenses that have been incurred. If that interest is not sufficient to fully pay the Sponsor&#146;s fee and other Trust expenses, then the Trustee will
withdraw euro as needed from the primary deposit account to pay these expenses. Shareholders do not have the option of choosing to pay their proportionate share of the excess expenses in lieu of having their share of expenses paid by withdrawing
euro from the primary deposit account. If the Trust were to incur expenses in USD (which is not anticipated), euro will be converted to USD at a prevailing market rate at the time of conversion to pay these expenses. The payment of expenses in euro
and the conversion of euro to USD, if required to pay expenses of the Trust, are taxable events to Shareholders. See &#147;United States Federal Tax Consequences &#151; Taxation of U.S. Shareholders.&#148; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In certain exceptional cases the Trust will pay for some expenses in addition to the Sponsor&#146;s fee. These exceptions include expenses not assumed by
the Sponsor, taxes and governmental charges, expenses and costs of any extraordinary services performed by the Trustee or the Sponsor on behalf of the Trust or action taken by the Trustee or the Sponsor to protect the Trust or the interests of
Shareholders, indemnification of the Sponsor under the Depositary Trust Agreement, and legal expenses in excess of $100,000 per year. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In the
event that none of the extraordinary expenses described in the immediately preceding paragraph are charged to the Trust, an investment of $10,000 in Shares will incur an annual fee of approximately $40 or approximately $200 over five years.
Additionally, investors should expect to pay customary brokerage fees and expenses for each purchase or sale of Shares. An Authorized Participant will pay a $500 transaction fee to the Trustee, which will not be contributed to the Trust, for each
creation or redemption order. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">18 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_10"></A>Description of the Trust </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust was formed under the laws of the State of New York on December&nbsp;5, 2005. The Trust holds euro and, from time to time, issues Baskets in
exchange for deposits of euro and distributes euro in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the price in USD of the euro. The material terms of the Depositary Trust Agreement are
discussed under &#147;Description of the Depositary Trust Agreement.&#148; The Shares represent units of fractional undivided beneficial interest in, and ownership of, the Trust. The Trust is not managed like a business corporation or an active
investment vehicle. The euro held by the Trust will only be sold (1)&nbsp;if needed to pay Trust expenses, (2)&nbsp;in the event the Trust terminates and liquidates its assets or (3)&nbsp;as otherwise required by law or regulation. The payment of
expenses in euro and the conversion of euro to USD, if necessary to pay expenses of the Trust, are taxable events to Shareholders. See &#147;United States Federal Tax Consequences &#151; Taxation of U.S. Shareholders.&#148; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust is not registered as an investment company under the Investment Company Act and is not required to register under such Act. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust creates and redeems Shares from time to time, but only in whole Baskets. A Basket is a block of 50,000 Shares. The number of Shares outstanding
is expected to increase and decrease from time to time as a result of the creation and redemption of Baskets. Authorized Participants pay for Baskets with euro. Shareholders pay for Shares with USD. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The creation and redemption of Baskets requires the delivery to the Trust or the distribution by the Trust of the amount of euro represented by the
Baskets being created or redeemed. This amount is based on the total euro represented by the number of Shares included in the Baskets being created or redeemed. Baskets may be created or redeemed only by Authorized Participants, which pay a
transaction fee of $500 to the Trustee for each order to create or redeem Baskets. Authorized Participants may sell to other investors all or part of the Shares included in the Baskets that they purchase from the Trust. See &#147;Plan of
Distribution.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee calculates, and the Sponsor publishes, the Trust&#146;s NAV each business day. To calculate the NAV, the
Trustee adds to the amount of euro in the Trust at the end of the preceding day accrued but unpaid interest, if any, euro receivable under pending purchase orders and the value of other Trust assets, and subtracts the accrued but unpaid
Sponsor&#146;s fee, euro payable under pending redemption orders and other Trust expenses and liabilities, if any. The NAV is expressed in USD based on the Closing Spot Rate. The Trustee also determines the NAV per Share, which equals the NAV of the
Trust divided by the number of outstanding Shares. See &#147;Description of the Depositary Trust Agreement &#151; Valuation of Euro; Definition of Net Asset Value&#148; for a more detailed description of how the NAV of the Trust and the NAV per
Share are calculated. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust&#146;s assets consist only of euro on demand deposit in two euro-denominated accounts at JPMorgan Chase Bank,
N.A., London Branch: a primary deposit account may earn interest and a non-interest bearing secondary account. The Trust does not hold any derivative products. Each Share represents a proportional interest, based on the total number of Shares
outstanding, in the euro owned by the Trust, plus accrued and unpaid interest, if any, less accrued but unpaid expenses (both asset-based and non-asset based) of the Trust. The Sponsor expects that the price of a Share will fluctuate in response to
fluctuations in the price of the euro and that the price of a Share will reflect accumulated interest as well as the estimated accrued but unpaid expenses of the Trust. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Investors may obtain, 24 hours a day, foreign exchange pricing information based on the spot price of the euro from various financial information service
providers. Current spot prices are also generally available with bid/ask spreads from foreign exchange dealers. In addition, the Trust&#146;s website, www.currencyshares.com, provides ongoing pricing information for euro spot prices and the Shares.
Market prices for the Shares are available from a variety of sources, including brokerage firms, information websites and other information service providers. One such website is hosted by Bloomberg,
http://www.bloomberg.com/markets/currencies/europe-africa-middle-east, and it regularly reports current foreign exchange pricing information. The NAV of the Trust is published by the Sponsor on each day that NYSE Arca is open for regular trading and
is posted on the Trust&#146;s website. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust will terminate upon the occurrence of any of the termination events listed in the Depositary
Trust Agreement and will otherwise terminate on December&nbsp;5, 2045. See &#147;Description of the Depositary Trust Agreement &#151; Termination of the Trust.&#148; </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">19 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_11"></A>The Sponsor </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor of the Trust is Rydex Specialized Products LLC, a Delaware limited liability company. The Sponsor and its affiliates collectively do business
as &#147;Rydex Investments.&#148; The principal offices of the Sponsor and the Trust are the offices of Rydex Investments at 9601 Blackwell Road, Suite 500, Rockville, Maryland 20850, and the Sponsor does not own or lease any other property.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px;padding-bottom:0px;"><FONT STYLE="font-family:Times New Roman" SIZE="2">In addition to the Trust, which was the first exchange-traded product limited solely to particular foreign currency,
Rydex also sponsors eight additional exchange-traded products limited solely to foreign currency, as follows:
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Australian Dollar Trust (NYSE Arca: FXA);
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> British Pound&nbsp;Sterling Trust (NYSE Arca: FXB);
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Canadian Dollar Trust (NYSE Arca: FXC);
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Japanese Yen (NYSE Arca: FXY);
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Mexican Peso Trust (NYSE Arca: FXM);
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Russian Ruble Trust (NYSE Arca: XRU);
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Swedish Krona Trust (NYSE Arca: FXS); and
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Swiss Franc Trust (NYSE Arca: FXF). </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Nick Bonos and Joseph Arruda serve as the Chief Executive Officer and Chief Financial Officer of the Sponsor, respectively. The Sponsor&#146;s Board of
Managers is composed of Mr.&nbsp;Arruda, Mr.&nbsp;Bonos and Michael Byrum. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Nick Bonos, 47, has been the Chief Executive Officer of the
Sponsor since May 2009. Mr.&nbsp;Bonos has been a Manager of the Sponsor since September 2005. Prior to his appointment as Chief Executive Officer, Mr.&nbsp;Bonos served as the Chief Financial Officer of the Sponsor beginning in September 2005.
Mr.&nbsp;Bonos served as Senior Vice President of Rydex Fund Services, Inc., an affiliate of the Sponsor, from December 2003 to August 2006 and Vice President of Accounting for Rydex Fund Services from 2001 to 2003. Mr.&nbsp;Bonos holds a Bachelor
of Science in Business Administration with a major in Finance from Suffolk University. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Joseph Arruda, 44, has been the Chief Financial
Officer of the Sponsor since May 2009. Mr.&nbsp;Arruda has been a Manager of the Sponsor since July 2009. Prior to his appointment as Chief Financial Officer, Mr.&nbsp;Arruda served as Vice President, Fund Accounting and Administration of the
Sponsor beginning in 2003. From 1997 to 2003, Mr.&nbsp;Arruda served as Vice President, Fund Accounting at State Street Corporation. He holds a Bachelor of Science with a Finance and Accounting concentration from Bridgewater State College.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Michael Byrum, 40, has served as a Manager of the Sponsor since September 2005. He has served as the Chief Investment Officer of Rydex
Advisors II, LLC (formerly PADCO Advisors II, Inc.) since August 2006. From December 2002 to May 2004, he served as Executive Vice President of Rydex Advisors II, LLC. Mr.&nbsp;Byrum has served as President of PADCO Advisors, Inc., an affiliate of
the Sponsor, since May 2004. Mr.&nbsp;Byrum is a Chartered Financial Analyst and has a Bachelor of Science in Business Administration with a major in Finance from Miami University of Ohio. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor established the Trust and is responsible for the registration of the Shares. The Sponsor generally oversees the performance of the Trustee
and the Trust&#146;s principal service providers, but does not exercise day-to-day oversight over the Trustee or such service providers. The Sponsor regularly communicates with the Trustee to monitor the overall performance of the Trust. The
Sponsor, with assistance and support from the Trustee, is responsible for preparing and filing periodic reports on behalf of the Trust with the SEC provides any required certification for such reports. The Sponsor designates the independent
registered public accounting firm of the Trust and from time to time employs legal counsel for the Trust. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Distributor assists the Sponsor
in marketing the Shares. The Sponsor may determine to engage additional or successor distributors. See &#147;The Distributor&#148; for more information about the Distributor. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor maintains a public website on behalf of the Trust, www.currencyshares.com, which contains information about the Trust and the Shares, and
oversees certain Shareholder services, such as a call center and prospectus delivery. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor may direct the Trustee in the conduct of
its affairs, but only as provided in the Depositary Trust Agreement. For example, the Sponsor may direct the Trustee to terminate the Trust if certain criteria are met. If the market capitalization of the Trust is less than $300 million at any time
for five consecutive trading days, then the Sponsor may, in accordance with the Depositary Trust Agreement, direct the Trustee to terminate and liquidate the Trust. If the Trustee shall be adjudged bankrupt or insolvent, or a receiver of the Trustee
or of its property shall be appointed, or a trustee or liquidator or any public officer shall take charge or control of such Trustee or of its property or affairs for the purposes of rehabilitation, conservation or liquidation, then, in any such
case, the Sponsor </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">20 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
shall remove the Trustee, and such removal shall take effect upon the appointment of a successor trustee and its acceptance of such appointment. If at any time the Trustee ceases to be a
qualified bank (as defined in the Depositary Trust Agreement) or is in material breach of its obligations under the Depositary Trust Agreement and the Trustee fails to cure such breach within 30 days after receipt by the Trustee of written notice
specifying such default from the Sponsor or Shareholders acting on behalf of at least 25% of the outstanding Shares, the Sponsor may remove the Trustee. See &#147;Description of the Depositary Trust Agreement &#151; The Trustee &#151; Resignation,
discharge or removal of trustee; successor trustees&#148; for more information. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fees are paid to the Sponsor as compensation for services
performed under the Depositary Trust Agreement. The Sponsor&#146;s fee accrues daily at an annual nominal rate of 0.40% of the euro in the Trust. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">M7 Ventures, LLC, a Delaware limited liability company, provided product development support and consulting to the Sponsor in connection with the initial
registration of the Shares and is expected to provide support and consulting services to the Sponsor for the duration of the Trust. M7 and the Sponsor have also agreed to collaborate with one another relative to the development and offering of other
related currency products. M7 has invested significant resources in the development of the Shares. In consideration of M7&#146;s past and future efforts, the Sponsor has agreed to pay M7 a recurring fee for the duration of the Trust. M7 and the
Sponsor have agreed to maintain the confidentiality of all confidential and proprietary information that they share with one another. M7 has agreed not to solicit, initiate or encourage any inquiries, proposals or offers from anyone other than the
Sponsor regarding the development of the Trust or of any other related currency products. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_12"></A>The
Trustee </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Bank of New York Mellon, a banking corporation with trust powers organized under the laws of the State of New York, serves as
the Trustee. The Bank of New York Mellon has a trust office at 2 Hanson Place, Brooklyn, New York 11217. The Bank of New York Mellon is subject to supervision by the New York State Banking Department and the Board of Governors of the U.S. Federal
Reserve System. Information regarding creation and redemption Basket composition, the NAV of the Trust, transaction fees and the names of the parties that have executed Participant Agreements may be obtained from The Bank of New York Mellon. A copy
of the Depositary Trust Agreement is available for inspection at The Bank of New York Mellon&#146;s trust office identified above and on the SEC&#146;s website at www.sec.gov. Under the Depositary Trust Agreement, the Trustee may be removed if it
fails to maintain capital, surplus and undivided profits of $500 million. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee earns a monthly fee that is paid by the Sponsor.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee is generally responsible for the day-to-day administration of the Trust, including keeping the Trust&#146;s operational records.
The Trustee&#146;s principal responsibilities include withdrawing the Trust&#146;s euro as needed to pay the Trust&#146;s expenses, calculating the NAV of the Trust and the NAV per Share, receiving and processing orders from Authorized Participants
to create and redeem Baskets and coordinating the processing of such orders with the Depository and DTC. See &#147;The Depository.&#148; The Trustee is not responsible for the overall performance of the Trust. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Following payment of the Sponsor&#146;s fee and other Trust expenses, if any, the Trustee will direct that any interest on the primary deposit account
that exceeds the Trust&#146;s expenses be converted into USD and the Trustee will distribute the USD as promptly as practicable to Shareholders. See &#147;Investment Attributes of the Trust &#151; Interest on Deposited Euro.&#148; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee communicates regularly with the Sponsor regarding administration of the Trust. The Trustee, along with the Sponsor, consults with the
Trust&#146;s legal, accounting and other professional service providers as needed. The Trustee assists and supports the Sponsor with the preparation of all periodic reports required to be filed with the SEC on behalf of the Trust. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Affiliates of the Trustee may from time to time act as Authorized Participants or purchase or sell euro or Shares for their own account. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_13"></A>The Depository </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">JPMorgan Chase Bank, N.A., London Branch is the Depository. The Depository accepts euro deposited with it as a banker by Authorized Participants in
connection with the creation of Baskets. The Depository facilitates the transfer of euro into and out of the Trust through the primary and secondary deposit accounts maintained with it as a banker by the Trust. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">21 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository may pay interest on the
primary deposit account. Interest on the primary deposit account, if any, accrues daily and is paid by the Depository monthly through a deposit into the secondary deposit account. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository is not paid a fee for its services to the Trust. The Depository earns a &#147;spread&#148; or &#147;margin&#148; over the rate of interest
it pays to the Trust on the euro deposit balances. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository is not a trustee for the Trust or the Shareholders. For further information
about the function of the Depository, see &#147;Description of the Deposit Account Agreement.&#148; </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository and its affiliates may
from time to time act as Authorized Participants or purchase or sell euro or Shares for their own account, as agent for their customers and for accounts over which they exercise investment discretion. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_14"></A>The Distributor </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rydex Distributors, Inc., a Maryland corporation, is the Distributor. The Distributor is a registered broker-dealer with the SEC and is a member of the
Financial Industry Regulatory Authority, Inc. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Distributor assists the Sponsor in developing an ongoing marketing plan for the Trust,
preparing marketing materials regarding the Shares, including the content on the Trust&#146;s website, www.currencyshares.com, executing the marketing plan for the Trust, and providing strategic and tactical research on the global foreign exchange
market. The Distributor and the Sponsor are affiliates of one another. There is no written agreement between them, and no compensation is paid by the Sponsor to the Distributor in connection with services performed by the Distributor for the Trust.
For more information about the distribution of the Shares, see &#147;Plan of Distribution.&#148; </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_15"></A>Description of the Shares </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee is authorized under the Depositary Trust Agreement to create and issue an unlimited number of Shares. The Trustee creates Shares only in
Baskets (a Basket being a block of 50,000 Shares) and only upon the order of an Authorized Participant. The Shares represent units of fractional undivided beneficial interest in, and ownership of, the Trust and have no par value. Any creation and
issuance of Shares above the amount registered with the SEC on the registration statement of which this prospectus is a part will require registration with the SEC of the additional Shares. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>LIMITED RIGHTS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Shares are not a
traditional investment. They are dissimilar from the &#147;shares&#148; of a corporation operating a business enterprise, with management and a board of directors. Trust Shareholders do not have rights normally associated with owning shares of a
business corporation, including, for example, the right to bring &#147;oppression&#148; or &#147;derivative&#148; actions. Shareholders have only those rights explicitly set forth in the Depositary Trust Agreement. All Shares are of the same class
with equal rights and privileges. Each Share is transferable, is fully paid and non-assessable and entitles the holder to vote on the limited matters upon which Shareholders may vote under the Depositary Trust Agreement. The Shares do not entitle
their holders to any conversion or pre-emptive rights or, except as provided below, any redemption or distribution rights. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Distributions</I>. Each month the Depository deposits into the secondary deposit account accrued but unpaid interest, if any, and the Trustee
withdraws euro from the secondary deposit account to pay the accrued Sponsor&#146;s fee for the previous month plus other Trust expenses, if any. In the event that the interest deposited exceeds the sum of the Sponsor&#146;s fee for the prior month
plus other Trust expenses, if any, then the Trustee will direct that the excess be converted into USD at a prevailing market rate and the Trustee will distribute the USD as promptly as practicable to Shareholders on a pro-rata basis (in accordance
with the number of Shares that they own). If the Trust were to incur expenses in USD (which is not anticipated), euro will be converted to USD at a prevailing market rate at the time of conversion to pay these expenses. The payment of expenses in
euro and the conversion of euro to USD, if required to pay expenses of the Trust, are taxable events to Shareholders. See &#147;United States Federal Tax Consequences &#151; Taxation of U.S. Shareholders.&#148; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Voting and Approvals</I>. Shareholders have no voting rights under the Depositary Trust Agreement, except in limited circumstances. If the holders of
at least 25% of the Shares outstanding determine that the Trustee is in material breach of its obligations under the Depositary Trust Agreement, they may provide written notice to the Trustee (or require the Sponsor to do so) specifying the default
and requiring the Trustee to cure such default. If the Trustee fails to cure such breach within 30 days after receipt of the notice, the Sponsor, acting on behalf of the Shareholders, may remove the Trustee. The holders of at least 66-2/3% of the
Shares outstanding may vote to remove the Trustee. The Trustee must terminate the Trust at the request of the holders of at least 75% of the outstanding Shares. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">22 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Redemption of Shares</I>. The
Shares may be redeemed only by or through an Authorized Participant and only in Baskets. See &#147;Creation and Redemption of Shares&#148; for details on the redemption of Shares. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>BOOK-ENTRY FORM </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">All Shares are
evidenced by global certificates issued by the Trustee to DTC and registered in the name of Cede&nbsp;&amp; Co., as nominee for DTC. The global certificates evidence all of the Shares outstanding at any time. In order to transfer Shares through DTC,
Shareholders must be DTC Participants. The Shares are transferable only through the book-entry system of DTC. A Shareholder that is not a DTC Participant is able to transfer its Shares through DTC by instructing the DTC Participant holding its
Shares to transfer the Shares. Transfers are made in accordance with standard securities industry practice. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_16">
</A>Description of the Deposit Account Agreement </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Deposit Account Agreement between the Trust and the Depository, governed by the laws
of England, establishes the Deposit Accounts. The Depository, as instructed by the Trustee, is authorized to accept euro deposits for the account of the Trust. The Depository is not a trustee for the Trust or the Shareholders. The Depository, as a
banker, is obligated to repay the balance of the Deposit Accounts to the Trust on demand and in accordance with the terms and conditions of the Deposit Account Agreement. The following is a description of other material terms of the Deposit Account
Agreement. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>DUAL ACCOUNTS </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository maintains two deposit accounts for the Trust, a primary deposit account which may earn interest and a secondary deposit account which does
not earn interest. The secondary deposit account is used to account for any interest that may be received and paid out on creations and redemptions of Baskets. The secondary deposit account is also used to account for interest earned, if any, on the
primary deposit account, pay Trust expenses and distribute any excess interest to Shareholders on a monthly basis. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>REPORTS </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository provides the Trustee with account reports identifying the credits and debits of euro to the Deposit Accounts, including the credit of
interest in euro to the secondary deposit account. The Trustee is required to examine the reports and account statements it receives from the Depository within a reasonable time of receipt and promptly notify the Depository of any discrepancy of
which it becomes aware. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository&#146;s records of all deposits and withdrawals of euro to the Deposit Accounts and all credits of
interest in euro to the secondary deposit account that may occur on a business day, and the end-of-business-day account balances in the Deposit Accounts, are stated as of the close of the Depository&#146;s business (usually 4:00 PM, London time) on
that business day. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>FEES AND EXPENSES </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Under the Deposit Account Agreement, the Depository is entitled to invoice the Trustee or debit the secondary deposit account for out-of-pocket expenses.
The Trust has also agreed to reimburse the Depository for any taxes, levies, imposts, deductions, charges, stamp, transaction and other duties and withholdings in connection with the Deposit Accounts, except for such items imposed on the overall net
income of the Depository. Except for the reimbursable expenses just described, the Depository is not paid a fee for its services to the Trust. The Depository earns a &#147;spread&#148; or &#147;margin&#148; on the euro deposit balances it holds.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>DEPOSIT ACCOUNT BALANCES </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The euro received by the Trust upon the creation of Baskets are deposited, in each case, into the primary deposit account; a small portion of the euro may
be deposited in the secondary deposit account to account for interest, if any, that has been earned on the primary deposit account during the month but not yet paid. If the Sponsor believes that the interest rate paid by the Depository is not
adequate, the Sponsor&#146;s sole recourse will be to remove the Depository by terminating the Deposit Account Agreement and closing the accounts. Neither the Trustee nor the Sponsor has the power or authority to deposit the Trust&#146;s euros with
any other person, entity or account. Resignation or removal of the Depository for any reason will cause termination of the Trust. See &#147;Description of the Depositary Trust Agreement.&#148; Interest earned on the balance of the primary deposit
account, if any, will be used primarily to pay the Trust&#146;s expenses. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">23 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:18px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INTEREST </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">If a positive interest rate is being paid by the Depository, interest will begin to be earned on the day Baskets are created (i.e., the date the trade
settles). Baskets are created three days after funds are transferred by an Authorized Participant to the primary deposit account held by the Depository. Interest on the primary deposit account, if any, accrues daily and is paid monthly. Interest
does not compound, and therefore interest will not be earned on interest accrued but not yet paid by the Depository. Each month the Depository deposits into the secondary deposit account accrued but unpaid interest, if any. Interest earned on the
balance of the primary deposit account, if any, is used primarily to pay the Trust&#146;s expenses; any interest remaining after payment of the Sponsor&#146;s fee and other expenses, if any, will be distributed to the Shareholders approximately ten
days after the end of the month. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>MAXIMUM BALANCE </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository reserves the right not to accept, and to return without interest to the remitter of funds, the amounts received for deposit to the Deposit
Accounts if the aggregate deposit liability of the Depository exceeds the euro equivalent of 8 billion USD. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>EXCLUSION OF LIABILITY </B>
</FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository will be responsible only for direct loss or damage that the Trust suffers resulting from the Depository&#146;s gross negligence
or willful misconduct. Unless such loss or damages are due to the Depository&#146;s fraud, the Depository will not be liable for loss of business, profits or goodwill or any indirect, consequential, punitive or special damages, whether or not
reasonably foreseeable, even if the Depository has been advised of the likelihood of such loss and even if such loss is the result of negligence, breach of contract or otherwise. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INDEMNITY </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust will, solely out of
the Trust&#146;s assets, indemnify the Depository and each of its officers, directors, employees, subsidiaries and affiliates on demand against all costs and expenses, damages, claims, liabilities and losses (including legal fees) which the
Depository or any such officer, director, employee, subsidiary or affiliate may suffer or incur directly or indirectly because of the Trust&#146;s breach of the Deposit Account Agreement, because the Depository acted on what it believed (in good
faith and without gross negligence) to be the Trustee&#146;s communication or because of anything done under or as contemplated by the Deposit Account Agreement. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>FORCE MAJEURE </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository is not
liable for any damage, loss, expense or liability caused by acts of God, fire, flood, civil or labor disturbance, war or terrorism, act of any governmental authority or other act or threat of any authority, legal constraint, fraud or forgery (other
than on the part of the Depository or any of its directors, officers or employees), malfunction of equipment (including any computer or related software) except where such malfunction is primarily attributable to the Depository&#146;s gross
negligence in maintaining the equipment or software, failure of or the effect of rules or operations of any funds transfer system, inability to obtain or interruption of communications facilities, or any cause beyond the reasonable control of the
Depository. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TERMINATION </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
Depository may terminate the Deposit Account Agreement for any reason whatsoever upon 90 business days&#146; prior notice. Before the expiration of such notice, the Depository will transfer any cleared balance in the Deposit Accounts in accordance
with the Trustee&#146;s reasonable instructions. Any termination of the Deposit Account Agreement will cause the termination of the Trust. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>GOVERNING LAW; JURISDICTION </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Deposit
Account Agreement is governed by the laws of England and the Depository is subject to the laws of England. The Trust and the Depository consent to the non-exclusive jurisdiction of the courts of England to settle any dispute relating to the Deposit
Account Agreement. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">24 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_17"></A>Creation and Redemption of Shares </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust creates and redeems Shares in Baskets on a continuous basis. A Basket is a block of 50,000 Shares. The creation and redemption of Baskets
requires the delivery to the Trust or the distribution by the Trust of the amount of euro represented by the Baskets being created or redeemed. This amount is based on the combined NAV per Share of the number of Shares included in the Baskets being
created or redeemed, determined on the day the order to create or redeem Baskets is accepted by the Trustee. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Authorized Participants are the
only persons that may place orders to create and redeem Baskets. An Authorized Participant is a DTC Participant that is a registered broker-dealer or other securities market participant such as a bank or other financial institution that is not
required to register as a broker-dealer to engage in securities transactions and has entered into a Participant Agreement with the Sponsor and the Trustee. Only Authorized Participants may place orders to create or redeem Baskets. Before initiating
a creation or redemption order, an Authorized Participant must have entered into a Participant Agreement with the Sponsor and the Trustee. The Participant Agreement provides the procedures for the creation and redemption of Baskets and for the
delivery of euro required for creations and redemptions. The Participant Agreements may be amended by the Trustee, the Sponsor and the relevant Authorized Participant. Authorized Participants pay a transaction fee of $500 to the Trustee for each
order that they place to create or redeem one or more Baskets. Authorized Participants who make deposits with the Trust in exchange for Baskets receive no fees, commissions or other form of compensation or inducement of any kind from either the
Sponsor or the Trust. No Authorized Participant has any obligation or responsibility to the Sponsor or the Trust to effect any sale or resale of Shares. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Authorized Participants are cautioned that some of their activities will result in their being deemed participants in a distribution in a manner which
would render them statutory underwriters and will subject them to the prospectus-delivery and liability provisions of the Securities Act, as described in &#147;Plan of Distribution.&#148; </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Certain Authorized Participants are expected to have the facility to participate directly in the global foreign exchange market. In some cases, an
Authorized Participant may acquire euro from, or sell euro to, an affiliated foreign exchange trading desk, which may profit in these instances. The Sponsor believes that the size and operation of the foreign exchange market make it unlikely that an
Authorized Participant&#146;s direct activities in the foreign exchange and securities markets will impact the price of the euro or the price of Shares. Each Authorized Participant will be registered as a broker-dealer under the Securities Exchange
Act of 1934, as amended, and will be regulated by the Financial Industry Regulatory Authority, Inc., or else will be exempt from being (or otherwise will not be required to be) so registered or regulated, and will be qualified to act as a broker or
dealer in the states or other jurisdictions where the nature of its business so requires. Certain Authorized Participants may be regulated under federal and state banking laws and regulations. Each Authorized Participant will have its own set of
rules and procedures, internal controls and information barriers as it determines to be appropriate in light of its own regulatory regime. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Authorized Participants may act for their own accounts or as agents for broker-dealers, depositaries and other securities or foreign currency market
participants that wish to create or redeem Baskets. An order for one or more Baskets may be placed by an Authorized Participant on behalf of multiple clients. As of the date of this prospectus, Citadel Securities LLC, Credit Suisse Securities LLC,
Deutsche Bank Securities, Inc., EWT LLC, Fortis Clearing Americas LLC, Goldman, Sachs&nbsp;&amp; Co., Goldman Sachs Execution&nbsp;&amp; Clearing, L.P., JPMorgan Securities, Inc., Knight Clearing Services, LLC, Merrill Lynch Professional Clearing
Corp., Morgan Stanley&nbsp;&amp; Co. Incorporated, Newedge USA, LLC, Nomura Securities International, Inc. and Timber Hill LLC have each signed a Participant Agreement with the Trustee and the Sponsor and may create and redeem Baskets. Persons
interested in purchasing Baskets should contact the Sponsor or the Trustee to obtain the contact information for the Authorized Participants. A Shareholder that is not an Authorized Participant will be able to redeem Shares only through an
Authorized Participant. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following description of the procedures for the creation and redemption of Baskets is only a summary. For more
detail, refer to the relevant provisions of the forms of the Depositary Trust Agreement and Participant Agreement, each of which is an exhibit to the registration statement of which this prospectus is a part. See &#147;Where You Can Find More
Information&#148; for information about where you can obtain the registration statement. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">25 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:18px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>CREATION PROCEDURES </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following chart is intended to help you understand the creation process: </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Creation Process </U></B></FONT></P>
 <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g107964g79c67.jpg" ALT="LOGO"> </P>
 <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I><U>Summary</U></I>: In order to create a Basket, the Authorized Participant deposits the Basket Euro Amount with the
Depository and orders Shares from the Trustee. The Authorized Participant must also pay the Trustee a $500 transaction fee, which will not be contributed to the Trust, for each purchase order. The Trustee directs DTC to credit Shares to the
Authorized Participant. The Authorized Participant will then be able to sell Shares to Purchasers directly or on NYSE Arca or any other market in which the Shares may trade. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">On any business day, an Authorized Participant may place an order with the Trustee to create one or more Baskets. For purposes of processing both
purchase and redemption orders, a &#147;business day&#148; means any day other than a day when NYSE Arca is closed for regular trading. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">By
placing a purchase order, an Authorized Participant agrees to deposit euro with the Trust, as described below. Before the delivery of Baskets for a purchase order, the Authorized Participant must also have wired to the Trustee the non-refundable
transaction fee due for the purchase order. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Determination of required deposits </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The total deposit required to create each Basket, called the Basket Euro Amount, is an amount of euro bearing the same proportion to the number of Baskets
to be created as the total assets of the Trust (net of estimated accrued but unpaid expenses) bears to the total number of Baskets outstanding on the date that the purchase order is accepted by the Trustee. The amount of the required deposit is
determined by dividing the amount of euro held by the Trust (net of estimated accrued but unpaid expenses) by the number of Baskets outstanding. All questions as to the composition of a Basket Euro Amount are finally determined by the Trustee. The
Trustee&#146;s determination of the Basket Euro Amount shall be final and binding on all persons interested in the Trust. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Delivery of
required deposits </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">An Authorized Participant who places a purchase order is responsible for delivering the Basket Euro Amount to the
Trust&#146;s primary deposit account with the Depository as directed in the Authorized Participant&#146;s Participant Agreement. Authorized Participants will use the SWIFT system to make timely deposits through their bank correspondents in London.
Upon receipt of the deposit of euro from an Authorized Participant, the Trustee directs </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">26 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
DTC to credit the number of Baskets ordered to the Authorized Participant&#146;s DTC account on the third business day after the purchase order date. The expense and risk of delivery, ownership
and safekeeping of euro until such euro have been received by the Depository shall be borne solely by the Authorized Participant. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Rejection of purchase orders </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
delivery of the Shares against deposits of euro may be suspended generally, or refused with respect to particular requested deliveries, during any period when the transfer books of the Trustee are closed or if any such action is deemed necessary or
advisable by the Trustee or the Sponsor for any reason at any time or from time to time. None of the Trustee, the Sponsor or the Depository will be liable for the rejection or acceptance of any purchase order or Basket Euro Amount. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>REDEMPTION PROCEDURES </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following
chart is intended to help you understand the redemption process: </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Redemption Process </U></B></FONT></P>
 <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g107964g69j33.jpg" ALT="LOGO"> </P>
 <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I><U>Summary</U></I>: In order to redeem Shares, an Authorized Participant must send the Trustee a redemption order
specifying the number of Baskets that the Authorized Participant wishes to redeem. The Authorized Participant must also pay the Trustee a $500 transaction fee, which will not be contributed to the Trust, for each redemption order. The Trustee then
instructs the Depository to send the Authorized Participant euro and directs DTC to cancel the Authorized Participant&#146;s Shares that were redeemed. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The procedures by which an Authorized Participant can redeem one or more Baskets mirror the procedures for the creation of Baskets. On any business day,
an Authorized Participant may place an order with the Trustee to redeem one or more Baskets. A redemption order so received is normally effective on the date it is received in satisfactory form by the Trustee. The redemption procedures allow
Authorized Participants to redeem Baskets and do not entitle an individual Shareholder to redeem any Shares in an amount less than a Basket or to redeem Baskets other than through an Authorized Participant. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">By placing a redemption order, an Authorized Participant agrees to deliver the Baskets to be redeemed through DTC&#146;s book-entry system to the
Depository as directed in the Authorized Participant&#146;s Participant Agreement. Before the delivery of the redemption distribution for a redemption order, the Authorized Participant must also have wired to the Trustee the non-refundable
transaction fee due for the redemption order. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Determination of redemption distribution </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The redemption distribution from the Trust is a wire transfer, to an account of the redeeming Authorized Participant identified by the Authorized
Participant, in the amount of the euro held by the Trust evidenced by the Shares being redeemed, giving effect to all estimated accrued but unpaid interest and expenses. Redemption distributions are subject to the deduction of any applicable tax or
other governmental charges that may be due. All questions as to the amount of a redemption distribution are finally determined by the Trustee. The Trustee&#146;s determination of the amount shall be final and binding on all persons interested in the
Trust. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">27 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:18px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Delivery of redemption distribution
</B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The redemption distribution due from the Trust is delivered to the Authorized Participant as directed in the Authorized Participant&#146;s
Participant Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depository wires the redemption amount from the Trust&#146;s primary deposit account with the Depository to an
account of the redeeming Authorized Participant identified by the Authorized Participant. The Authorized Participant and the Trust are each at risk in respect of euro credited to their respective accounts in the event of the Depository&#146;s
insolvency. See &#147;Risk Factors &#151; If the Depository becomes insolvent . . . .&#148; on page 9 of this prospectus. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Suspension or
rejection of redemption orders </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee will reject a redemption order if the order is not in proper form as described in the
Participant Agreement or if the fulfillment of the order, in the opinion of its counsel, might be unlawful. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>CREATION AND REDEMPTION
TRANSACTION FEE </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">To compensate the Trustee for services in processing the creation and redemption of Baskets, an Authorized Participant is
required to pay a transaction fee to the Trustee of $500 per order to create or redeem Baskets. An order may include multiple Baskets. The transaction fee may be reduced or, with the consent of the Sponsor, increased. The Trustee shall notify DTC of
any agreement to change the transaction fee and will not implement any increase in the fee for the redemption of Baskets until 30 days after the date of the notice. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TAX RESPONSIBILITY </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Authorized
Participants are responsible for any transfer tax, sales or use tax, recording tax, value added tax or similar tax or governmental charge applicable to the creation or redemption of Baskets, regardless of whether or not such tax or charge is imposed
directly on the Authorized Participant, and agree to indemnify the Sponsor, the Trustee and the Trust if they are required by law to pay any such tax, together with any applicable penalties, additions to tax or interest thereon. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_18"></A>Description of the Depositary Trust Agreement </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust operates in accordance with the terms of a Depositary Trust Agreement among the Sponsor, the Trustee, the registered holders and beneficial
owners of Shares and all persons depositing euro for creation of Shares. The following is a description of the material terms of the Depositary Trust Agreement, which has been filed with the SEC as an exhibit to the registration statement of which
this prospectus is a part. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>THE SPONSOR </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">This section summarizes some of the important provisions of the Depositary Trust Agreement that apply to the Sponsor. For a general description of the
Sponsor&#146;s role concerning the Trust, see &#147;The Sponsor.&#148; </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Limitation on Sponsor&#146;s liability </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor is not subject to any liability under the Depositary Trust Agreement to any Shareholder or Authorized Participant, except that the Sponsor
agrees to perform its duties specifically set forth in the Depositary Trust Agreement without negligence or bad faith. The Sponsor is not obligated to prosecute any action, suit or other proceeding with respect to the Trust property. The Sponsor is
entitled to rely on advice received from legal counsel, accountants, any Authorized Participant, any Shareholder or any other person that the Sponsor in good faith believes is competent to give such advice. The Sponsor shall not be liable for any
acts or omissions made by a successor sponsor. The Sponsor is not obligated to comply with any direction or instruction from any Shareholder or Authorized Participant regarding the Shares except to the extent specifically provided in the Depositary
Trust Agreement. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Indemnification of the Sponsor </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee indemnifies the Sponsor Indemnified Parties against, and holds each of them harmless from, any loss, liability, cost, expense or judgment
caused by the negligence or bad faith of the Trustee or arising out of any information furnished in writing to the Sponsor by the Trustee expressly for use in this registration statement or any amendment hereto. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">28 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each Sponsor Indemnified Party is
indemnified by the Trust and held harmless against any loss, liability or expense incurred without (1)&nbsp;negligence, bad faith, willful misconduct or willful malfeasance on the part of the Sponsor Indemnified Party arising out of or in connection
with the performance of its obligations under the Depositary Trust Agreement or (2)&nbsp;reckless disregard on the part of the Sponsor Indemnified Party of its obligations and duties under the Depositary Trust Agreement. Such indemnity includes
payment from the Trust of the costs and expenses of the Sponsor Indemnified Party in defending itself against any claim or liability in its capacity as a Sponsor Indemnified Party. Any amounts payable to the Sponsor Indemnified Party may be payable
in advance or secured by a lien on the Trust. The Sponsor may, in its discretion, undertake any action that it may deem necessary or desirable in respect of the Shareholders and, in such event, the legal expenses and costs of such actions shall be
expenses and costs of the Trust and the Sponsor shall be entitled to reimbursement by the Trust. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Resignation of the Sponsor; successor
sponsor </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor may resign its position as sponsor at any time by delivering to the Trustee a written resignation. Upon receipt of the
Sponsor&#146;s resignation, the Trustee may do any one or more of the following: (1)&nbsp;appoint a successor sponsor to assume, with such compensation from the Trust as the Trustee may deem reasonable under the circumstances, the duties and
obligations of the Sponsor; (2)&nbsp;agree to act as sponsor without appointing a successor sponsor; or (3)&nbsp;terminate the Trust. The Trustee has no obligation to appoint a successor sponsor or to assume the duties of the Sponsor and will have
no liability to any person because the Trust is terminated as described in the preceding sentence. The Sponsor&#146;s resignation is not effective until the Trustee appoints a successor sponsor and the successor sponsor accepts that appointment or
the Trustee itself agrees to act as sponsor or the Trust is terminated. Upon effective resignation, the Sponsor will be discharged and will no longer be liable in any manner except as to acts or omissions occurring before its resignation, and the
new sponsor will then undertake and perform all duties and be entitled to all rights and compensation as sponsor under the Depositary Trust Agreement. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">If the Sponsor fails to undertake or perform or becomes incapable of undertaking or performing any of its duties under the Depositary Trust Agreement or
becomes bankrupt or its affairs are taken over by public authorities, the effect of that event shall be the same as if the Sponsor had given a notice of resignation. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor may transfer all or substantially all of its assets to an entity which carries on the business of the Sponsor if at the time of the transfer
the successor assumes all of the obligations of the Sponsor under the Depositary Trust Agreement. In such an event, the Sponsor will then be relieved of all further liability under the Depositary Trust Agreement. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>THE TRUSTEE </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">This section summarizes
some of the important provisions of the Depositary Trust Agreement that apply to the Trustee. For a general description of the Trustee&#146;s role concerning the Trust, see &#147;The Trustee.&#148; </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Qualifications of the Trustee </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
Trustee and any successor trustee may be removed if it ceases to be a bank, trust company, corporation or national banking association organized and doing business under the laws of the United States or any of its states, and authorized under such
laws to exercise corporate trust powers and be a DTC Participant or a participant in another securities depository then acting on behalf of the Trust. The Trustee and any successor trustee may be removed if it fails to maintain capital, surplus and
undivided profits of not less than $500 million. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Limitation on Trustee&#146;s liability </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee is not subject to any liability under the Depositary Trust Agreement to any Shareholder or Authorized Participant, except that the Trustee
agrees to perform its duties specifically set forth in the Depositary Trust Agreement without negligence or bad faith. The Trustee is not obligated to prosecute any action, suit or other proceeding with respect to the Trust property. The Trustee is
entitled to rely on advice received from legal counsel, accountants, any Authorized Participant, any Shareholder or any other person that the Trustee in good faith believes is competent to give such advice. The Trustee shall not be liable for any
acts or omissions made by a successor trustee. The Trustee is not obligated to comply with any direction or instruction from any Shareholder or Authorized Participant regarding the Shares except to the extent specifically provided in the Depositary
Trust Agreement. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Indemnification of the Trustee </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor will indemnify the Trustee, its directors, employees and agents against, and hold each of them harmless from, any loss, liability, cost,
expense or judgment (including, but not limited to, the reasonable fees and expenses of </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">29 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
counsel) that is incurred by any of them and that arises out of or is related to (1)&nbsp;any offer or sale by the Trust of Baskets, (2)&nbsp;acts performed or omitted pursuant to the Depositary
Trust Agreement, and (3)&nbsp;any filings with or submissions to the SEC in connection with or with respect to Shares. However, the Sponsor is not obligated to indemnify the Trustee for losses attributable to (1)&nbsp;the negligence or bad faith of,
or material breach of the terms of the Depositary Trust Agreement by, the Trustee, (2)&nbsp;written information furnished in writing from the Trustee to the Sponsor expressly for use in this registration statement or any amendment hereto filed with
the SEC, or (3)&nbsp;any misrepresentations or omissions made by an Authorized Participant (other than the Sponsor) in connection with the offer and sale of Shares. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Taxes </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">If any tax or other governmental
charge becomes payable by the Trustee with respect to any transfer or redemption of Shares, such tax or other governmental charge will be payable by the Shareholders to the Trustee. The Trustee will refuse to effect any registration of transfer of
such Shares or any withdrawal of Trust property represented by such Shares until such payment is made, and may withhold any distributions, or may sell for the account of the Shareholder thereof Trust property or Shares, and may apply such
distributions or the proceeds of any such sale in payment of such tax or other governmental charge, and the Shareholder will remain liable for any deficiency. The Trustee shall distribute any net proceeds of a sale made under the preceding sentence
that remain, after payment of the tax or other governmental charge, to the Shareholders entitled thereto as in the case of a distribution in cash. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Protection for amounts due to Trustee </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee withdraws from the secondary deposit account amounts necessary to pay the Trust expenses provided for in the Depositary Trust Agreement and
any otherwise unpaid expenses thereunder. In the event that the Sponsor&#146;s fee for the prior month plus other Trust expenses, if any, exceed the balance of the secondary deposit account, the Trustee will withdraw euro from the primary deposit
account to pay the excess. If requested by the Sponsor and agreed to by the Trustee, the Trustee will advance amounts out of its own funds for the payment of Trust expenses, up to $20,000. The Trustee will have a lien on the Deposit Accounts to the
extent of all amounts advanced by it at the Sponsor&#146;s request. This lien will be superior to the interest of the beneficial owners of the Shares. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Resignation, discharge or removal of Trustee; successor trustees </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Resignation</I>. The Trustee may resign at any time by delivering written notice to the Sponsor. The Trustee&#146;s resignation will take effect upon
the appointment of a successor trustee and its acceptance of such appointment. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Removal by the Sponsor</I>. If the Trustee is adjudged
bankrupt or insolvent, or a receiver of the Trustee or of its property is appointed, or a trustee or liquidator or any public officer takes charge or control of the Trustee or of its property or affairs for the purposes of rehabilitation,
conservation or liquidation, then the Sponsor is required to remove the Trustee, and such removal will take effect upon the appointment of a successor trustee and its acceptance of such appointment. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Removal by Shareholders</I>. The holders of at least two-thirds (66-2/3%)&nbsp;of the Shares then outstanding may at any time remove the Trustee by
written instrument or instruments delivered to the Trustee and Sponsor. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Removal for Material Breach</I>. If at any time the Trustee ceases
to be a qualified bank under the Depositary Trust Agreement or is in material breach of its obligations under the Depositary Trust Agreement and the Trustee fails to cure such breach within 30 days after receipt by the Trustee of written notice
specifying such default from the Sponsor or Shareholders acting on behalf of at least 25% of the outstanding Shares specifying, the Sponsor may remove the Trustee. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Appointing Successor Trustees</I>. If the Trustee resigns or is removed, the Sponsor will use its reasonable efforts to appoint a successor trustee
that meets the requirements set forth in the Depositary Trust Agreement. Every successor trustee is required to execute and deliver to its predecessor and to the Sponsor a written acceptance of its appointment. The successor trustee will then become
fully vested with all the rights, powers, duties and obligations of the Trustee. Nevertheless, the predecessor trustee, upon payment of all sums due it and on the written request of the Sponsor is required to execute and deliver an instrument
transferring to the successor trustee all rights and powers of such predecessor hereunder, is required to duly assign, transfer and deliver all right, title and interest in the Trust property to such successor, and is required to deliver to such
successor a list of the Shareholders of all outstanding Shares. The Sponsor or any such successor trustee is required to promptly mail notice of the appointment of such successor trustee to the Shareholders. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">30 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Trustee&#146;s liability for
successor trustee</I>. The Trustee will not be liable for any acts or omissions made by a successor trustee whether in connection with a previous act or omission of the Trustee or in connection with any matter arising wholly after the resignation of
the Trustee, provided that in connection with the issue out of which such potential liability arises the Trustee performed its obligations without negligence or bad faith while it acted as Trustee. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>DISTRIBUTIONS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each month the Depository
deposits into the secondary deposit account accrued but unpaid interest, if any, and the Trustee withdraws euro from the secondary deposit account to pay the accrued Sponsor&#146;s fee for the previous month plus other Trust expenses, if any. In the
event that the Sponsor&#146;s fee and any other Trust expenses exceed the interest earned on the primary deposit account, additional euro will be withdrawn from the primary deposit account as required to cover the expenses. In the event that the
interest deposited exceeds the sum of the Sponsor&#146;s fee for the prior month plus other Trust expenses, if any, then the Trustee will direct that the excess be converted into USD at a prevailing market rate and the Trustee will distribute the
USD as promptly as practicable to Shareholders on a pro-rata basis (in accordance with the number of Shares that they own). </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>ACTIONS TAKEN
TO PROTECT THE TRUST </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee and the Sponsor may each, in their own discretion, undertake any action that they consider necessary or
desirable to protect the Trust or the interests of the Shareholders. The expenses incurred by the Trustee or the Sponsor in connection therewith (including the fees and disbursements of legal counsel) will be expenses of the Trust, and the Trustee
and the Sponsor will be entitled to be reimbursed for those expenses by the Trust. The Trustee and Sponsor are, however, required to notify and consult with each other before undertaking any protective action or if the Trustee or Sponsor become
aware of any development or event that affects the administration of the Trust but is not contemplated or provided for in the Depositary Trust Agreement. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>VALUATION OF EURO; DEFINITION OF NET ASSET VALUE </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee calculates, and the Sponsor publishes, the Trust&#146;s NAV each business day. To calculate the NAV, the Trustee adds to the amount of euro in
the Trust at the end of the preceding day accrued but unpaid interest, if any, euro receivable under pending purchase orders and the value of other Trust assets, and subtracts the accrued but unpaid Sponsor&#146;s fee, euro payable under pending
redemption orders and other Trust expenses and liabilities, if any. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee also divides the NAV of the Trust by the number of Shares
outstanding for the date of the evaluation then being made, which figure is the &#147;NAV per Share.&#148; For purposes of the preceding sentence, the number of Shares deemed outstanding includes Shares to be delivered under purchase orders having
order dates on or before the preceding business day and excludes Shares to be surrendered under redemption orders having order dates on or before the preceding business day. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>EXPENSES OF THE TRUST </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust&#146;s
only ordinary recurring expense is the Sponsor&#146;s fee. The Sponsor is obligated under the Depositary Trust Agreement to pay the following administrative and marketing expenses of the Trust: the Trustee&#146;s monthly fee, typical maintenance and
transaction fees of the Depository, NYSE Arca listing fees, printing and mailing costs, audit fees and expenses, up to $100,000 per annum in legal fees and expenses, and applicable license fees. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor&#146;s fee accrues daily at an annual nominal rate of 0.40% of the euro in the Trust. Each month, the Trust first withdraws euro the Trust
has earned as interest, if any, to pay the Sponsor&#146;s fee and any other Trust expenses that have been incurred. If that interest is not sufficient to fully pay the Sponsor&#146;s fee and Trust expenses, then the Trustee withdraws euro from the
primary deposit account as needed. If the Trust incurs expenses in USD (which is not anticipated), euro will be converted to USD at a prevailing market rate at the time of conversion to pay expenses. The Trustee will direct that the smallest amount
of euro required to purchase amounts of USD sufficient to pay Trust expenses and the costs of currency conversion be withdrawn from the Trust. Neither the Trustee nor the Sponsor is liable for depreciation or loss incurred by reason of any
conversion. See &#147;United States Federal Tax Consequences &#151; Taxation of U.S. Shareholders&#148; for information on the tax treatment of euro sales. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In certain exceptional cases the following expenses may be charged to the Trust in addition to the Sponsor&#146;s fee: (1)&nbsp;expenses and costs of any
extraordinary services performed by the Trustee or the Sponsor on behalf of the Trust or action taken by the Trustee or the Sponsor to protect the Trust or interests of Shareholders; (2)&nbsp;indemnification of the Sponsor; (3)&nbsp;taxes and other
governmental charges; and (4)&nbsp;expenses of the Trust other than those the Sponsor is obligated to pay pursuant to the Depositary Trust Agreement, including legal fees and expenses over $100,000. If
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">31 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
these additional expenses are incurred, the Trust will be required to pay these expenses by withdrawing deposited euro and the amount of euro represented by a Share will decline at such time.
Accordingly, the Shareholders will effectively bear the cost of these other expenses, if incurred. Although the Trust cannot definitively state the frequency or magnitude of such expenses, the Trust predicts that they will occur infrequently, if at
all. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>THE SECURITIES DEPOSITORY; BOOK-ENTRY-ONLY SYSTEM; GLOBAL SECURITY </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">DTC is the securities depository for the Shares. DTC is a limited-purpose trust company organized under the laws of the State of New York, a member of the
U.S. Federal Reserve System, a &#147;clearing corporation&#148; within the meaning of the New York Uniform Commercial Code and a &#147;clearing agency&#148; registered pursuant to the provisions of Section&nbsp;17A of the Securities Exchange Act.
DTC was created to hold securities of DTC Participants and to facilitate the clearance and settlement of transactions in such securities among the DTC Participants through electronic book-entry changes. This eliminates the need for physical movement
of securities certificates. DTC Participants include securities brokers and dealers, banks, trust companies, clearing corporations and certain other organizations, some of whom (and/or their representatives) own DTC. Access to the DTC system is also
available to others such as banks, brokers, dealers and trust companies that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly. DTC has agreed to administer its book-entry system in accordance
with its rules and by-laws and the requirements of law. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Because the Shares are eligible for book-entry settlement with DTC, individual
certificates will not be issued for the Shares. Instead, global certificates have been signed by the Trustee and the Sponsor on behalf of the Trust, registered in the name of Cede&nbsp;&amp; Co., as nominee for DTC, and deposited with the Trustee on
behalf of DTC. The global certificates will evidence all of the Shares outstanding at any time. The representations, undertakings and agreements made on the part of the Trust in the global certificates are made and intended for the purpose of
binding only the Trust and not the Trustee or the Sponsor individually. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Upon the settlement date of any creation, transfer or redemption of
Shares, DTC credits or debits, on its book-entry registration and transfer system, the amount of the Shares so created, transferred or redeemed to the accounts of the appropriate DTC Participants. The Trustee and the Authorized Participants
designate the accounts to be credited and charged in the case of creation or redemption of Shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Beneficial ownership of the Shares is
limited to DTC Participants, Indirect Participants and persons holding interests through DTC Participants and Indirect Participants. Ownership of beneficial interests in the Shares will be shown on, and the transfer of ownership will be effected
only through, records maintained by DTC (with respect to DTC Participants), the records of DTC Participants (with respect to Indirect Participants) and the records of Indirect Participants (with respect to Shareholders that are not DTC Participants
or Indirect Participants). A Shareholder is expected to receive a written confirmation relating to the purchase from or through the DTC Participant maintaining the account through which the Shareholder purchased its Shares. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Shareholder that is not a DTC Participant may transfer its Shares through DTC by instructing the DTC Participant or Indirect Participant through which
the Shareholder holds its Shares to transfer the Shares. A Shareholder that is a DTC Participant may transfer its Shares by instructing DTC in accordance with the rules of DTC. Transfers are made in accordance with standard securities industry
practice. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">DTC may discontinue providing its service with respect to the Shares by giving notice to the Trustee and the Sponsor. Under such
circumstances, the Trustee and the Sponsor would either find a replacement for DTC to perform its functions at a comparable cost or, if a replacement is unavailable, terminate the Trust. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The rights of the Shareholders generally must be exercised by DTC Participants acting on their behalf in accordance with the rules and procedures of DTC.
Because it is anticipated that the Shares will only be held in book-entry form through DTC and DTC Participants, investors will rely on DTC, DTC Participants and any other financial intermediary through which they hold the Shares to receive the
benefits and exercise the rights described in this section of the prospectus. Investors should consult with their brokers or banks to find out about procedures and requirements for securities held in book-entry form through DTC. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SHARE SPLITS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">If the Sponsor believes
that the per-Share price on NYSE Arca is outside a desirable trading range, then the Sponsor may direct the Trustee to declare a split or reverse split in the number of Shares outstanding and to make a corresponding change in the number of Shares
constituting a Basket. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">32 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:18px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>BOOKS AND RECORDS </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee keeps books for the registration of Shares that are open to inspection by any person who establishes to the Trustee&#146;s satisfaction that
such person is a registered Shareholder upon reasonable advance notice at all reasonable times during the usual business hours of the Trustee. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee keeps a copy of the Depositary Trust Agreement on file in its office which is available for inspection on reasonable advance notice at all
reasonable times during its usual business hours by any registered Shareholder. A copy of the Depositary Trust Agreement has also been filed as an exhibit to the registration statement of which this prospectus is part and is available on the
SEC&#146;s website at www.sec.gov. Under the Depositary Trust Agreement, the Trustee may be removed if it fails to maintain capital, surplus and undivided profits of $500 million. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>STATEMENTS, FILINGS AND REPORTS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">After
the end of each fiscal year and within the time period required by applicable law, the Sponsor will cause to be prepared an annual report for the Trust containing audited financial statements. The annual report will be in such form and contain such
information as is then required by applicable laws, rules and regulations and shall contain such additional information as the Sponsor deems appropriate. The annual report is filed with the SEC and NYSE Arca and distributed to DTC and to such other
persons, as required by applicable laws, rules and regulations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor is responsible for the registration and qualification of the
Shares under the federal securities laws. The Sponsor prepares, or causes to be prepared, and files any periodic reports or current reports required under the Securities Exchange Act. The Trustee assists and supports the Sponsor in the preparation
of such reports. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Deposit Accounts are audited, as required by law and as may be directed by the Sponsor, by independent certified public
accountants designated from time to time by the Sponsor. The accountants&#146; report will be furnished by the Trustee to Shareholders upon request. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The costs incurred in connection with such statements, filings and reports are expenses of the Sponsor. If, however, legal fees and expenses exceed
$100,000 per year, the excess will be expenses of the Trust. See &#147;Investment Attributes of the Trust &#151; Trust Expenses.&#148; </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TERMINATION OF THE TRUST </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee
will set a date on which the Depositary Trust Agreement will terminate and mail notice of that termination to the registered holders of Shares at least 30 days prior to the date set for termination if any of the following occur: </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Sponsor resigns or is unable to perform its duties or becomes bankrupt or insolvent and the Trustee does not appoint a successor and does not agree
to act as sponsor; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Shareholders holding at least 75% of the outstanding Shares notify the Trustee that they elect to terminate the Trust; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Depository resigns or is removed; or </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Trustee receives notice from the IRS or from counsel for the Trust or the Sponsor that the Trust fails to qualify for treatment, or will not be
treated, as a grantor trust under the Internal Revenue Code. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In addition, if any of the following events occurs, the
Trustee will set a date on which the Depositary Trust Agreement will terminate and mail notice of that termination to the registered holders of Shares at least 30 days prior to the date set for termination if the Sponsor, having been notified by the
Trustee of the occurrence of any such event, has notified the Trustee in writing that it has determined, in its sole discretion, to terminate the Depositary Trust Agreement: </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the Trustee is notified that the Shares are delisted from NYSE Arca and have not been approved for listing on another national securities exchange
within five business days of their delisting; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the SEC determines that the Trust is an investment company under the Investment Company Act, as amended, and the Trustee has actual knowledge of the
determination; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the NAV of the Trust remains less than $100 million for 30 consecutive business days; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">all of the Trust&#146;s assets are sold; </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">33 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:6px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">the aggregate market capitalization of the Trust, based on the closing price for the Shares, remains less than $300 million for five consecutive
trading days; or </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">DTC stops providing book-entry settlement services for the Shares. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trustee may set a date on which the Trust will terminate and mail notice of that termination to the Shareholders at least 30 days prior to the date
set for termination if 60 days have elapsed since the Trustee gave the Sponsor notice of its election to resign and no successor trustee appointed by the Sponsor has accepted appointment as Trustee. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust will terminate on December&nbsp;5, 2045 if it has not been terminated prior to that date. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>AMENDMENTS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Subject to certain
limitations prohibiting any amendment of certain sections of the Depositary Trust Agreement, the Trustee and the Sponsor may amend most provisions of the agreement without the consent of any Shareholders. Any amendment that imposes or increases any
fees or charges (other than taxes and other governmental charges, registration fees or other such expenses) or that otherwise prejudices any substantial existing right of the Shareholders will not become effective as to outstanding Shares until 30
days after written notice of such amendment is given to the registered Shareholders. Every registered Shareholder, at the time any amendment so becomes effective, will be deemed, by continuing to hold any Shares or an interest therein, to consent
and agree to such amendment and to be bound by the Depositary Trust Agreement as amended thereby. In no event will any amendment impair the right of the registered Shareholders to surrender Baskets and receive the amount of Trust property
represented by the Baskets, except in order to comply with mandatory provisions of applicable law. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>GOVERNING LAW; CONSENT TO NEW YORK
JURISDICTION </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Depositary Trust Agreement, and the rights of the Sponsor, the Trustee and DTC (as registered owner of the Trust&#146;s
global certificates for Shares) and the Shareholders under the Depositary Trust Agreement, are governed by the laws of the State of New York. The Sponsor, the Trustee and DTC and, by accepting Shares, each DTC Participant and each Shareholder,
consents to the jurisdiction of any state or federal court in The City of New York, State of New York, in which any suit or proceeding arising out of or relating to Shares, the Trust property or the Depositary Trust Agreement may be instituted.
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">34 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_19"></A>United States Federal Tax Consequences </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following discussion of the material U.S. federal income tax consequences that generally apply to the purchase, ownership and disposition of Shares
by a U.S. Shareholder (as defined below), and certain U.S. federal income, gift and estate tax consequences that may apply to an investment in Shares by a Non-U.S. Shareholder (as defined below), represents, insofar as it describes conclusions as to
U.S. federal tax law and subject to the limitations and qualifications described therein, the opinion of Foley&nbsp;&amp; Lardner LLP, special United States federal tax counsel to the Sponsor The discussion below is based on the Internal Revenue
Code, Treasury Regulations promulgated under the Internal Revenue Code and judicial and administrative interpretations of the Internal Revenue Code, all as in effect on the date of this prospectus and all of which are subject to change either
prospectively or retroactively. The tax treatment of Shareholders may vary depending upon their own particular circumstances. Certain Shareholders (including broker-dealers, traders or other investors with special circumstances) may be subject to
special rules not discussed below. Moreover, the discussion below does not address the effect of any state, local or foreign tax law on an owner of Shares. Purchasers of Shares are urged to consult their own tax advisors with respect to all federal,
state, local and foreign tax law considerations potentially applicable to their investment in Shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">For purposes of this discussion, a
&#147;U.S. Shareholder&#148; is a Shareholder that is: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">An individual who is treated as a citizen or resident of the United States for U.S. federal income tax purposes; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">A corporation created or organized in or under the laws of the United States or any political subdivision thereof; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">An estate, the income of which is includible in gross income for U.S. federal income tax purposes regardless of its source; or
</FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">A trust, if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States
persons (within the meaning of Internal Revenue Code section 7701(a)(30)) have the authority to control all substantial decisions of the trust, or if the trust has a valid election in effect under applicable Treasury regulations to be treated as a
United States person. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">For purposes of this discussion, a &#147;Non-U.S. Shareholder&#148; is a Shareholder that is not a
U.S. Shareholder as defined above and that is classified for U.S. federal income tax purposes as being neither a partnership nor a &#147;disregarded entity.&#148; For U.S. federal income tax purposes, the treatment of any beneficial owner of an
interest in an entity classified as a partnership for U.S. federal income tax purposes will generally depend upon the status of the partner and upon the activities of the partnership. Partnerships and partners in partnerships should consult their
tax advisors about the U.S. federal income tax consequences of purchasing, owning and disposing of Shares. For U.S. federal income tax purposes, the assets held by any entity that is classified as a &#147;disregarded entity&#148; and that has a
single member are generally deemed to be held directly by such member. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TAXATION OF THE TRUST </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust is classified as a &#147;grantor trust&#148; for U.S. federal income tax purposes. As a result, the Trust itself is not subject to U.S. federal
income tax. Instead, the Trust&#146;s income and expenses &#147;flow through&#148; to the Shareholders. The Trust&#146;s income, gains, losses and deductions will be reported to the Internal Revenue Service on that basis. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TAXATION OF U.S. SHAREHOLDERS </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Shareholders generally will be treated, for U.S. federal income tax purposes, as if they directly owned a pro-rata share of the assets held in the Trust.
Shareholders also will be treated as if they directly received their respective pro-rata portion of the Trust&#146;s income, if any, and as if they directly incurred their respective pro-rata portion of the Trust&#146;s expenses. In the case of a
U.S. Shareholder that acquires Shares as part of a creation of a Basket, the delivery of euro to the Trust in exchange for the Shares will not be a taxable event to the Shareholder. With respect to the increase in the amount of the U.S.
Shareholder&#146;s share of the euro held in the Trust that results from such a delivery, the Shareholder&#146;s aggregate tax basis (as determined immediately after such delivery) in those euro that are held in the Trust and that are attributable
to such increase, and the Shareholder&#146;s aggregate tax basis in the Shares received upon such delivery, will each be the same as the Shareholder&#146;s aggregate tax basis (as determined immediately prior to such delivery) in the euro that are
delivered by the Shareholder to the Trust. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">35 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any Shares that are received by a U.S.
Shareholder to evidence the Shareholder&#146;s pro-rata share of any interest earnings of the Trust generally will have a tax basis equal to the USD-equivalent of the amount of the Shareholder&#146;s pro-rata share of the interest earnings.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">When the Trust converts euro to USD &#151; for example, to pay expenses incurred in USD (which is not anticipated) or to make distributions
to Shareholders &#151; or when the Trust pays expenses in euro, a U.S. Shareholder generally will recognize gain or loss in an amount equal to the difference between (1)&nbsp;the Shareholder&#146;s pro-rata share of the amount realized by the Trust
upon the conversion, or the Shareholder&#146;s pro-rata share of the USD-equivalent of the euro used to pay expenses, and (2)&nbsp;the Shareholder&#146;s tax basis for its pro-rata share of the euro that were converted or used to pay expenses. As
described in &#147;Investment Attributes of the Trust &#151; Trust Expenses&#148; and &#147;Description of the Depositary Trust Agreement &#151; Expenses of the Trust&#148;, each month the Trustee will first withdraw euro the Trust has earned as
interest to pay expenses. It is anticipated that the conversion of euro (for purposes of paying expenses and making distributions) and the payment of expenses in euro will occur on the same day that the Trust receives euro earned as interest. The
Trust will use a &#147;last in first out&#148; method to determine the tax basis of the euro that are converted to USD or used to pay expenses. Accordingly, U.S. Shareholders will recognize interest income at the time that euro are received by the
Trust as interest earnings, but will generally recognize no further gain or loss if the euro received are, on the date of receipt, either converted to USD or used to pay expenses. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor&#146;s fee accrues daily and is payable monthly. For U.S. federal income tax purposes, an accrual-basis U.S. Shareholder generally will be
required to take into account as an expense its allocable share of the USD-equivalent of the amount of the Sponsor&#146;s fee that is accrued on each day, with such USD-equivalent being determined by the currency exchange rate that is in effect on
the respective day. To the extent that the currency exchange rate on the date of payment of the accrued amount of the Sponsor&#146;s fee differs from the currency exchange rate in effect on the day of accrual, the U.S. Shareholder will recognize a
currency gain or loss for U.S. federal income tax purposes. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Redemption of some or all of a U.S. Shareholder&#146;s Shares in exchange for the
underlying euro represented by the Shares redeemed generally will not be a taxable event to the Shareholder. The Shareholder&#146;s tax basis for the euro received in the redemption generally will be the same as the Shareholder&#146;s tax basis for
its pro-rata portion of euro held in the Trust immediately prior to the redemption that is attributable to the Shares redeemed. In determining the portion of the U.S. Shareholder&#146;s total tax basis in the euro held in the Trust that is
attributable to the Shares redeemed, the U.S. Shareholder generally will be required to use the method, if any, that it has used previously to determine the tax basis of nonfunctional currency amounts withdrawn from accounts with a bank or other
financial institution. A subsequent sale of the euro received by the Shareholder will be a taxable event. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">U.S. Shareholders that hold
multiple lots of Shares, or that are contemplating acquiring multiple lots of Shares, are urged to consult their own tax advisers as to the determination of the tax basis for the underlying euro related to such Shares. In the case of a U.S.
Shareholder that uses the USD as its functional currency, any gain or loss recognized by such U.S. Shareholder upon the sale of Shares, or upon the sale of euro by the Trust, generally will be treated under Internal Revenue Code section 988 as
ordinary income or loss for U.S. federal income tax purposes. The share of any interest income earned by the Trust that is allocable to a U.S. Shareholder will be treated as ordinary income for U.S. federal income tax purposes. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>BROKERAGE FEES AND TRUST EXPENSES </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any
brokerage or other transaction fee incurred by a Shareholder in purchasing Shares will be treated as part of the Shareholder&#146;s tax basis in the underlying assets of the Trust. Similarly, any brokerage fee incurred by a Shareholder in selling
Shares will reduce the amount realized by the Shareholder with respect to the sale. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Shareholders will be required to recognize gain or loss
upon a sale of euro by the Trust (as discussed above), even though some or all of the proceeds of such sale are used by the Trustee to pay Trust expenses. Shareholders may deduct their respective pro-rata portion of each expense incurred by the
Trust to the same extent as if they directly incurred the expense. Shareholders who are individuals, estates or trusts, however, may be required to treat some or all of the expenses of the Trust as miscellaneous itemized deductions. Individuals may
deduct certain miscellaneous itemized deductions only to the extent they exceed 2% of adjusted gross income. In addition, such deductions may be subject to phase-outs and other limitations under applicable provisions of the Internal Revenue Code.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INVESTMENT BY REGULATED INVESTMENT COMPANIES </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mutual funds and other investment vehicles which are &#147;regulated investment companies&#148; within the meaning of Internal Revenue Code section 851
should consult with their tax advisors concerning (1)&nbsp;the likelihood that an </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">36 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
investment in Shares, although they are a &#147;security&#148; within the meaning of the Investment Company Act, may be considered an investment in the underlying euro for purposes of Internal
Revenue Code section 851(b) and (2)&nbsp;the extent to which an investment in Shares might nevertheless be consistent with preservation of the qualification of such vehicles under Internal Revenue Code section 851. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>UNITED STATES INFORMATION REPORTING AND BACKUP WITHHOLDING FOR U.S. AND NON-U.S. SHAREHOLDERS </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Certain information returns will be filed with the IRS, and certain tax-related information will be provided to Shareholders, in connection with the
Trust. Regulations require that each Shareholder be provided with information regarding its allocable portion of the Trust&#146;s annual income (if any) and expenses, and sales of Trust assets, including, in the case of a sale of euro, the amount of
proceeds attributable to each Share. Each Shareholder, however, would be required to determine for itself the amount of gain or loss recognized with respect to such sales. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">A U.S. Shareholder may be subject to U.S. backup withholding tax in certain circumstances unless it provides its taxpayer identification number and
complies with certain certification procedures. A Non-U.S. Shareholder may have to comply with certification procedures to establish that the Shareholder is not a U.S. person in order to avoid the information reporting and backup withholding tax
requirements. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The amount of any backup withholding will be allowed as a credit against a Shareholder&#146;s U.S. federal income tax liability
and may entitle such a Shareholder to a refund, provided that the required information is furnished to the IRS. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INCOME TAXATION OF
NON-U.S. SHAREHOLDERS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust does not expect to generate taxable income except for gain (if any) upon the sale of euro and interest
income. A Non-U.S. Shareholder generally will not be subject to U.S. federal income tax with respect to gain recognized upon the sale or other disposition of Shares, or upon the sale of euro by the Trust, unless: (1)&nbsp;the Non-U.S. Shareholder is
an individual and is present in the United States for 183 days or more during the taxable year of the sale or other disposition, and the gain is treated as being from United States sources; or (2)&nbsp;the gain is effectively connected with the
conduct by the Non-U.S. Shareholder of a trade or business in the United States. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Non-U.S. Shareholder&#146;s share of any interest income
earned by the Trust generally will not be subject to U.S. federal income tax unless the Shares owned by such Non-U.S. Shareholder are effectively connected with the conduct by the Non-U.S. Shareholder of a trade or business in the United States.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>ESTATE AND GIFT TAX CONSIDERATIONS FOR NON-U.S. SHAREHOLDERS </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">An individual who is neither a citizen nor a resident (as specially defined for U.S. federal estate and gift tax purposes) of the United States is
generally subject to U.S. estate tax on all property that has a U.S. &#147;situs.&#148; An individual who is neither a citizen nor a resident (as specially defined for U.S. federal estate and gift tax purposes) of the United States is generally
subject to U.S. federal gift tax on gifts of tangible personal property or real property having a U.S. situs. In addition, the U.S. federal &#147;generation-skipping transfer tax&#148; may apply in certain circumstances if an individual who is
neither a citizen nor a resident (as specially defined for U.S. federal estate and gift tax purposes) of the United States makes a transfer of property that has a U.S. situs. Neither the Shares nor the euro underlying the Shares should be considered
to have a U.S. situs for purposes of the U.S. federal estate tax, gift tax, and generation-skipping transfer tax. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Shareholders are urged to
consult their tax advisers regarding the possible application of U.S. federal estate, gift, and generation-skipping transfer taxes in their particular circumstances. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>TAXATION IN JURISDICTIONS OTHER THAN THE UNITED STATES </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Prospective purchasers of Shares that are based in or acting out of a jurisdiction other than the United States are advised to consult their own tax
advisers as to the tax consequences, under the laws of such jurisdiction (or any other jurisdiction not being the United States to which they are subject), of their purchase, holding, sale and redemption of or any other dealing in Shares and, in
particular, as to whether any value added tax, other consumption tax or transfer tax is payable in relation to such purchase, holding, sale, redemption or other dealing. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">37 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_20"></A>ERISA and Related Considerations </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The fiduciary investment rules of the Employee Retirement Income Security Act of 1974, as amended (ERISA) generally apply to private employee benefit
plans and to certain investment funds in which such plans participate (ERISA Plan Investors). These rules are generally not applicable to individual retirement arrangements (IRAs), plans covering only self-employed individuals, governmental plans,
church plans or foreign plans (Non-ERISA Plan Investors). Consequently, much of the following discussion of the fiduciary issues arising under ERISA is generally not applicable to such investors. Non-ERISA Plan Investors may be subject to various
other fiduciary requirements under state law or other applicable law, however, which they should consider before investing in the Shares. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ERISA Plan Investors, as well as IRAs and plans covering only self-employed individuals, are generally subject to the prohibited transaction rules of
Section&nbsp;4975 of the Internal Revenue Code and Section&nbsp;406 of ERISA. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>FIDUCIARY ISSUES </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">A fiduciary of an ERISA Plan Investor should consider its fiduciary responsibilities under ERISA before investing in the Shares. These duties require the
fiduciary to act solely in the interests of the ERISA plan&#146;s participants and beneficiaries. These duties also obligate the fiduciary to consider the appropriateness of any one given investment in light of the ERISA plan&#146;s entire
portfolio. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Before investing in the Shares, fiduciaries of ERISA Plan Investors should review and determine (1)&nbsp;ERISA&#146;s fiduciary
standards, (2)&nbsp;whether an investment in the Shares would be consistent with ERISA&#146;s prudence and diversification requirements, including consideration of the &#147;Risk Factors&#148; disclosed elsewhere in this prospectus, (3)&nbsp;whether
such an investment would constitute a direct or indirect non-exempt prohibited transaction and (4)&nbsp;whether the fiduciaries have the appropriate authority to make the investment under the governing ERISA plan documents and investment policies,
as well as under Title I of ERISA. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fiduciaries of ERISA Plan Investors should also consider prohibitions in ERISA and in the Internal Revenue
Code relating to an ERISA Plan Investor engaging in certain transactions involving &#147;plan assets&#148; with persons who are &#147;parties in interest&#148; under ERISA or &#147;disqualified persons&#148; under the Internal Revenue Code with
respect to such plan. As noted above, the prohibited transaction provisions of the Internal Revenue Code also apply to some Non-ERISA Plan Investors and such investors also should consider these provisions prior to investing in the Shares. These
prohibited transaction rules are complex and may prohibit an investment in the Shares by certain ERISA Plan Investors and Non-ERISA Plan Investors. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ERISA Plan Investors may currently maintain relationships with the Trustee, Sponsor or Depository or their principals or affiliates. Such entities may be
deemed parties in interest with respect to an ERISA Plan Investor. ERISA prohibits the use of plan assets for the benefit of a party in interest and also prohibits a fiduciary with respect to an ERISA Plan Investor from using its position to cause
an ERISA Plan Investor to make an investment from which it or certain third parties related to the fiduciary would receive a fee or other consideration. Similar provisions are imposed by the Internal Revenue Code with respect to IRAs and retirement
plans covering only self employed individuals. In certain cases, exemptions apply with respect to certain transactions that might otherwise be prohibited by ERISA. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each ERISA Plan Investor should consult with its counsel to determine whether investment in the Shares may be prohibited by ERISA or otherwise would
violate ERISA. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Each IRA Non-ERISA Plan Investor should consult with its counsel to determine whether investment in the Shares may be a
prohibited transaction for purposes of Section&nbsp;4975 of the Code and Section&nbsp;406 of ERISA. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PLAN ASSET ISSUES </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">It is anticipated that the Shares will constitute &#147;publicly offered securities&#148; as defined in Section&nbsp;2510.3-101(b)(2) of the U.S.
Department of Labor regulations. Accordingly, Shares purchased by an ERISA Plan Investor will constitute Plan Assets, but the assets of the Trust will not be considered &#147;plan assets&#148; for purposes of ERISA. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_21"></A>Plan of Distribution </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust issues Shares in Baskets to Authorized Participants in exchange for deposits of the amount of euro represented by the Baskets being created on
a continuous basis. Because new Shares are created and issued on an ongoing basis, throughout the life of the Trust a &#147;distribution&#148; (as such term is used in the Securities Act) will be occurring. Authorized Participants, other
broker-dealers and other persons are cautioned that some of their activities </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">38 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
will result in their being deemed participants in a distribution in a manner that would render them statutory underwriters and will subject them to the prospectus-delivery and liability
provisions of the Securities Act. For example, an Authorized Participant, other broker-dealer firm or its client will be deemed a statutory underwriter if it purchases a Basket from the Trust, breaks the Basket down into the constituent Shares and
sells the Shares to its customers; or if it chooses to couple the creation of a supply of new Shares with an active selling effort involving solicitation of secondary market demand for the Shares. When an Authorized Participant acts as an
underwriter, it will be subject to the prospectus delivery requirements of the Securities Act with respect to the customers purchasing Shares from it. A determination of whether one is an underwriter must take into account all the facts and
circumstances pertaining to the activities of the broker-dealer or its client in the particular case, and the examples mentioned above should not be considered a complete description of all the activities that would lead to categorization as an
underwriter. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Shareholder who buys or sells Shares from, to, or through a broker-dealer should expect to be charged a commission by the
broker-dealer for effecting the transaction. Investors are encouraged to review the terms of their brokerage accounts for details on applicable commissions or charges. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Dealers who are neither Authorized Participants nor &#147;underwriters&#148; but are nonetheless participating in a distribution (as contrasted to
ordinary secondary trading transactions), and thus dealing with Shares that are part of an &#147;unsold allotment&#148; within the meaning of section 4(3)(C) of the Securities Act, would be unable to take advantage of the prospectus-delivery
exemption provided by section 4(3) of the Securities Act and therefore will be subject to the prospectus delivery requirements of the Securities Act with respect to their clients who purchase Shares from them. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Distributor assists the Sponsor in developing an ongoing marketing plan for the Trust, preparing marketing materials regarding the Shares, including
the content of the Trust&#146;s website, executing the marketing plan for the Trust and providing strategic and tactical research on the foreign exchange markets, in each case in compliance with applicable laws and regulations. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Note to Secondary Market Investors: The Shares can be purchased or redeemed directly from the Trust only in Baskets. Each Basket consists of 50,000
Shares and is expected to be worth several million dollars. Most individual investors, therefore, will not be able to purchase or redeem Shares directly from the Trust. Some of the information contained in this prospectus, including information
about buying and selling Shares directly from and to the Trust, is not relevant to most investors. The Shares are listed and traded on NYSE Arca and may be purchased and sold in lots of Shares. Individuals interested in purchasing Shares in the
secondary market should contact their broker-dealers. Shares purchased or sold through a broker-dealer can be expected to carry a mark-up, mark-down or commission. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_22"></A>Legal Proceedings </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">There are no legal proceedings against the Sponsor, the Trust, the Trustee or the Depository relating to the operation of the Trust or the offering of
the Shares. </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_23"></A>Legal Matters </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The validity of the Shares has been passed upon for the Sponsor by Foley&nbsp;&amp; Lardner LLP, who, as special United States tax counsel to the Trust,
also rendered an opinion regarding the material federal income tax consequences relating to the Shares. In addition to receiving customary legal fees, Foley&nbsp;&amp; Lardner LLP is paid an annual fee for the life of the Trust, which is borne by M7
Ventures, LLC and based on the NAV of the Trust, for its assistance in developing the structure of the Trust and this offering. The fee paid by M7 Ventures, LLC to Foley&nbsp;&amp; Lardner LLP is separate from and not included in the up to $100,000
per annum in legal fees and expenses paid by the Sponsor. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>License </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Without conceding that the operation of the Trust or the marketing of or trading in the Shares would infringe any intellectual property owned by The Bank
of New York Mellon, an affiliate of the Sponsor has entered into a License Agreement with The Bank of New York Mellon granting the Sponsor&#146;s affiliate a non-exclusive, personal and non-transferable license under The Bank of New York
Mellon&#146;s patent application covering systems and methods for securitizing a commodity. The license grant is limited to only allow the Sponsor&#146;s affiliate to establish, operate and market a currency-based securities product based solely on
the securitization, in whole or in part, of a single non-U.S. currency. The Sponsor&#146;s affiliate has the right to sublicense affiliates, partners, co-sponsors, joint ventures, </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">39 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
trustees, depositaries and agents, but the license cannot be transferred without The Bank of New York Mellon&#146;s prior written consent. The Sponsor&#146;s affiliate has sublicensed the license
to the Sponsor. As consideration for the license, The Bank of New York Mellon has been appointed as trustee of the Trust. If The Bank of New York Mellon is terminated as trustee of the Trust it will be paid an annual royalty fee. Any royalty fee
incurred will be an expense payable by the Sponsor under the Depositary Trust Agreement. The Sponsor has also agreed to not initiate, directly or indirectly, any legal action against The Bank of New York Mellon for The Bank of New York Mellon&#146;s
or any of The Bank of New York Mellon&#146;s affiliates&#146; use of any improvement, enhancement, modification, derivative work or upgrade made by the Sponsor to the rights sublicensed to it. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_24"></A>Experts </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The financial statements and management&#146;s assessment of the effectiveness of internal control over financial reporting (which is included in
Management&#146;s Report on Internal Control over Financial Reporting) incorporated in this Prospectus by reference to the Annual Report on Form 10-K for the year ended October&nbsp;31, 2009 have been so incorporated in reliance on the report of
PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_25"></A>Where You Can Find More Information </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor has filed on behalf of the Trust a registration statement on Form S-3 with the SEC under the Securities Act. This prospectus does not contain
all of the information set forth in the registration statement (including the exhibits to the registration statement), parts of which have been omitted in accordance with the rules and regulations of the SEC. For further information about the Trust
or the Shares, please refer to the registration statement, which you may read and copy at the public reference facilities of the SEC at the below address. The SEC maintains an Internet site that contains reports and other information regarding
issuers at www.sec.gov. Information about the Trust and the Shares also can be obtained from the Trust&#146;s website. The internet address of the Trust&#146;s website is www.currencyshares.com. This internet address is only provided here as a
convenience to you to allow you to access the Trust&#146;s website. The information contained on or connected to the Trust&#146;s website is not part of this prospectus or the registration statement of which this prospectus is part. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Trust is subject to the informational requirements of the Securities Exchange Act. The Sponsor, on behalf of the Trust, files quarterly and annual
reports and other information with the SEC. The reports and other information can be read and copied at the public reference facilities of the SEC located at 100 F Street, N.E., Washington, D.C. 20549-4561 and can also be found online at
www.sec.gov. You may obtain more information concerning the operation of the public reference facilities of the SEC by calling the SEC at 1-800-SEC-0330 or visiting online at www.sec.gov. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">40 </FONT></P>



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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;
</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B><A NAME="tx107964_26"></A>Incorporation of Certain Information by Reference </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The SEC allows the &#147;incorporation by reference&#148; of certain information into this prospectus, which means that important information can be
disclosed to you by referring you to other documents which have been, or will be, filed with the SEC. The documents listed below and all amendments or supplements to these documents are incorporated by reference in this prospectus: </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Annual Report on Form 10-K for the fiscal year ended October&nbsp;31, 2009; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Current Report on Form 8-K filed January&nbsp;22, 2010; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Quarterly Report on Form 10-Q for the quarterly period ended January&nbsp;31, 2010; </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Quarterly Report on Form 10-Q for the quarterly period ended April&nbsp;30, 2010; and </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Quarterly Report on Form 10-Q for the quarterly period ended July&nbsp;31, 2010. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">All documents filed on behalf of the Trust with the SEC pursuant to Section&nbsp;13(a), 13(c), 14 or 15(d) of the Securities Exchange Act after the date
of this prospectus and before the termination or completion of this offering of the Shares shall be deemed to be incorporated by reference in this prospectus and to be a part of it from the filing dates of such documents. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Certain statements in and portions of this prospectus update and replace information in the above-listed documents incorporated by reference. Likewise,
statements in or portions of a future document incorporated by reference in this prospectus may update and replace statements in and portions of this prospectus or the above listed documents. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">You may request a copy of these documents at no cost by writing or telephoning the Sponsor at the following address and telephone number: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rydex Investments </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px;padding-bottom:0px;" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Attn:
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">9601 Blackwell Road </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Suite 500 </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rockville, Maryland 20850 </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">(800) 820-0888 </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">41 </FONT></P>



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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>PART II </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>INFORMATION NOT REQUIRED IN PROSPECTUS </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;14.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Other Expenses of Issuance and Distribution. </B></FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The expenses incurred in connection with the issuance and distribution of the securities being registered are as set forth below. Other than the
Securities and Exchange Commission filing fee, all fees and expenses are estimated. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="87%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Securities and Exchange Commission filing fee</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$<U></U></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U></U>147,741</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Legal fees and expenses(1)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U></U>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U></U>12,259</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Accounting fees and expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">5,000</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Total expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">165,000</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD></TR></TABLE> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Excludes the additional fee of Foley&nbsp;&amp; Lardner LLP based on the NAV of the Trust. </FONT></TD></TR></TABLE>
<P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;15.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Indemnification of Directors and Officers. </B></FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Sponsor is a limited liability company formed as such under Delaware law. Section&nbsp;18-108 of the Delaware Limited Liability Company Act provides
that a limited liability company may indemnify and hold harmless any members, managers or other persons against any and all claims and demands whatsoever, subject to any standards and restrictions set forth in the limited liability company agreement
of the limited liability company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Section&nbsp;18 of the Sponsor&#146;s Limited Liability Company Agreement provides that, to the fullest
extent permitted by applicable law, a member or officer of the Sponsor will be entitled to indemnification from the Sponsor for any loss, damage or claim incurred by the member or officer for any act or omission performed or omitted by the member or
officer in good faith on behalf of the Sponsor and in a manner reasonably believed to be within the scope of the authority conferred on the member or officer by the Sponsor&#146;s Limited Liability Company Agreement; provided, however, that no
member or officer will be entitled to be indemnified if the loss, damage or claim was due to the member&#146;s or officer&#146;s fraud or willful misconduct. A member&#146;s or officer&#146;s reasonably incurred costs and expenses in defending
pending or threatened actions, suits or proceedings will be paid in advance by the Sponsor if the member or officer provides an undertaking to repay the amounts advanced if it is ultimately determined that the member or officer is not entitled to be
indemnified by the Sponsor. The indemnity and the advance of expenses are limited to the Sponsor&#146;s assets, and no member of the Sponsor will have personal liability for such indemnity. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Section&nbsp;7.1(d) of the Depositary Trust Agreement provides that the Sponsor and its directors, Shareholders, officers, employees, affiliates and
subsidiaries will be indemnified from the Trust and held harmless against any loss, liability or expense incurred by an indemnified party without (1)&nbsp;negligence, bad faith, willful misconduct or willful malfeasance on the part of the
indemnified party arising out of or in connection with the performance of its obligations under the Depositary Trust Agreement or any actions taken in accordance with the provisions of the Depositary Trust Agreement or (2)&nbsp;the indemnified
party&#146;s reckless disregard of its obligations and duties under the Depositary Trust Agreement. The indemnity will include payment from the Trust of the indemnified party&#146;s costs and expenses of defending itself against any claim or
liability based on its capacity as Sponsor under the Depositary Trust Agreement. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;16.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibits. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The exhibits listed in the
accompanying Exhibit Index are filed or incorporated by reference as part of this registration statement. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Item&nbsp;17.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Undertakings. </B></FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">a.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The registrant hereby undertakes: </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="13%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">i.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act of 1933; </FONT></TD></TR></TABLE>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">II-1 </FONT></P>


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

 <P STYLE="font-size:1px;margin-top:6px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="13%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">ii.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">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 424(b) if, in the
aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective registration statement; and
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="13%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">iii.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">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></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:13%"><FONT STYLE="font-family:Times New Roman" SIZE="2">provided, however, that paragraphs a.1.i, a.1.ii and a.1.iii 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 424(b) that is part of the registration statement. </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">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 <I>bona fide</I> offering thereof. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">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></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser: Each prospectus filed pursuant to Rule 424(b) as part of a
registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement as of the
date it is first used after effectiveness. Provided, however, 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 first use, 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 date of first use. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities: The
undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, 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></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="13%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">i.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424; </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">II-2
</FONT></P>


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

 <P STYLE="font-size:1px;margin-top:6px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="13%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">ii.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="13%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">iii.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by
or on behalf of the undersigned registrant; and </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="13%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">iv.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">b.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant&#146;s annual report
pursuant to Section&nbsp;13(a) or 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 <I>bona fide</I> offering thereof. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">c.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant
pursuant to the foregoing provisions, or otherwise, the 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 the registrant of expenses incurred or paid by a director, officer or controlling person of the 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, the registrant will, unless in the opinion of its counsel the matter has been settled by
controlling precedent, submit to a court of appropriate jurisdiction the question whether 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></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">II-3
</FONT></P>


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

 <P STYLE="font-size:1px;margin-top:24px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SIGNATURES
</B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in the City of Rockville, State of Maryland, on October&nbsp;15, 2010. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">CURRENCYSHARES<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> EURO
TRUST</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rydex Specialized Products LLC</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sponsor of the
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust</FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/&nbsp;&nbsp;&nbsp;&nbsp;N<SMALL>ICK</SMALL>
B<SMALL>ONOS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Nick Bonos</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Chief Executive Officer</B></FONT></TD></TR></TABLE></DIV>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the
capacities indicated and on the dates indicated. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>POWER OF ATTORNEY </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on
the dates indicated. Each person whose signature appears below constitutes and appoints Nick Bonos, Yvette M. VanRiper and David V. Gubbini, and each of them, individually, as his true and lawful attorneys-in-fact and agents, with full power of
substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement and any Rule 462(b) registration statement and
to file the same, with all exhibits thereto, and other documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his
substitute or substitutes, may lawfully do or cause to be done by virtue hereof. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">

<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="15%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:33pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Signature</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:15pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Title</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:16pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Date</B></FONT></P></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px;border-bottom:1px solid #000000" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;N<SMALL>ICK</SMALL>
B<SMALL>ONOS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Nick Bonos</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Manager and Chief Executive Officer</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">(Principal Executive Officer)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">October 15, 2010</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px;border-bottom:1px solid #000000" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp;J<SMALL>OSEPH</SMALL>
A<SMALL>RRUDA&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Joseph Arruda</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Manager and Chief Financial Officer</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">(Principal&nbsp;Financial Officer and Principal Accounting Officer)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">October 15, 2010</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px;border-bottom:1px solid #000000" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">/<SMALL>S</SMALL>/&nbsp;&nbsp;&nbsp;&nbsp; M<SMALL>ICHAEL</SMALL>
B<SMALL>YRUM&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</SMALL></FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Michael Byrum</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Manager</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">October 15, 2010</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">II-4
</FONT></P>


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

 <P STYLE="font-size:1px;margin-top:24px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>EXHIBIT INDEX </B>
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:28pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Exhibit<BR>Number</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:76pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Document Description</B></FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;3.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Certificate of Formation of Rydex Specialized Products LLC*</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;3.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Limited Liability Company Agreement of Rydex Specialized Products LLC*</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;4.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form of Depositary Trust Agreement*</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;4.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form of Participant Agreement*</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;5.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Opinion of Foley &amp; Lardner LLP as to legality</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;8.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Opinion of Foley &amp; Lardner LLP as to tax matters</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form of Deposit Account Agreement *</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form of Sublicense Agreement *</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">23.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Consent of Independent Registered Public Accounting Firm</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">23.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Consents of Foley &amp; Lardner LLP (included in Exhibits 5.1 and 8.1)</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">24.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Power of Attorney (included on the signature page to this registration statement)</FONT></TD></TR></TABLE>
<P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">*</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Incorporated by reference to Registration Statement on Form S-1, registration number 333-125581. </FONT></TD></TR></TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>dex51.htm
<DESCRIPTION>OPINION OF FOLEY & LARDNER LLP AS TO LEGALITY
<TEXT>
<HTML><HEAD>
<TITLE>Opinion of Foley &amp; Lardner LLP as to legality</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Exhibit 5.1 </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="36%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="33%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="29%"></TD></TR>
<TR>
<TD VALIGN="top">


<IMG SRC="g107964g76e91.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>FOLEY &amp; LARDNER LLP</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>ATTORNEYS AT LAW</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ONE DETROIT
CENTER</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">500 WOODWARD AVENUE, SUITE 2700</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">DETROIT, MI 48226-3489</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">October&nbsp;15,&nbsp;2010</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">313.234.7100 TEL</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">313.234.2800 FAX</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">foley.com</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">CLIENT/MATTER NUMBER</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">058081-0105</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rydex Specialized
Products LLC, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">d/b/a Rydex Investments </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">9601 Blackwell Road </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Suite 500 </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rockville, MD 20850 </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Re:</FONT></TD>
<TD ALIGN="left" VALIGN="top">
<P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust
</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ladies and Gentlemen: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%;padding-bottom:0px;"><FONT STYLE="font-family:Times New Roman" SIZE="2">We have acted as legal counsel to Rydex Specialized Products LLC, a Delaware limited liability company d/b/a Rydex
Investments (the &#147;<U>Company</U>&#148;), in connection with the preparation and filing under the Securities Act of 1933, as amended (the &#147;<U>Act</U>&#148;), and the rules and regulations of the Securities and Exchange Commission (the
&#147;<U>SEC</U>&#148;) promulgated thereunder, of a registration statement on Form S-3 filed on October&nbsp;15, 2010 (the &#147;<U>Registration Statement</U>&#148;). The Registration Statement relates to the proposed issuance by the
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust (the &#147;<U>Trust</U>&#148;), an investment trust formed on December&nbsp;2, 2005
under the laws of the State of New York pursuant to the terms of the Depositary Trust Agreement dated December&nbsp;2, 2005 (the &#147;<U>Trust Agreement</U>&#148;) between the Company, as sponsor, and The Bank of New York Mellon, a banking
corporation organized under the laws of the State of New York (f/k/a The Bank of New York), as trustee (the &#147;<U>Trustee</U>&#148;), of 15,000,000 shares, representing units of fractional undivided beneficial interest in and ownership of the
Trust (the &#147;<U>Shares</U>&#148;). In connection with the issuance of Shares, you have requested our opinion with respect to certain legal matters. Capitalized terms not otherwise defined herein shall have the meanings given to them in the Trust
Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In rendering the opinion expressed below, we have examined originals, or copies certified or otherwise identified
to our satisfaction, of all such agreements, instruments and other documents as we have deemed necessary or appropriate in order to enable us to render the opinion expressed below, including: </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. The organizational documents of the Company; </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. Records of proceedings and actions taken by the Company; </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. The Registration Statement; </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">4. The Trust Agreement; </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">5. The Deposit Account Agreement dated as of December&nbsp;1, 2005 between JPMorgan Chase Bank, N.A., London Branch, a
company incorporated with limited liability as a national banking association, as Depository, and the Trustee, in its capacity as trustee of the Trust; and </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">6. A form of the global certificate representing the Shares to be issued under the Trust Agreement. </FONT></P>

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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In our examination of
the foregoing documents, we have made the following factual assumptions, with your consent: that all documents reviewed by us are original documents, or true and accurate copies of original documents, and have not subsequently been amended; that the
signatures on each original document are genuine; that all factual representations and statements set forth in such documents are true and correct; and that all obligations imposed by any such documents on the parties thereto have been or will be
performed or satisfied in accordance with their terms. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In rendering the opinion stated below, we have relied with respect to
certain factual matters solely upon the representations, certifications and other information contained in the documents referred to above and upon certificates of public officials. We have not made or undertaken to make any independent
investigation to establish or verify the accuracy or completeness of such factual representations, certifications and other information. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The opinion stated below is limited to the laws of the State of New York and the federal laws of the United States of America, and we
express no opinion in this letter as to the laws of any other jurisdiction. We express no opinion in this letter as to the application of the securities or &#147;blue sky&#148; laws of any state, including New York, to the issuance and sale of the
Shares. This opinion letter is limited to the specific issues addressed herein; and no opinion may be inferred or implied beyond that expressly stated herein. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Our opinion is based solely upon the law and the facts as they exist on the date hereof; and we disclaim any obligation to advise you of
any subsequent change in law or facts or circumstances that might subsequently come to our attention. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Based on the foregoing
and subject to the limitations and qualifications set forth in this letter, we are of the opinion that the Shares, when issued and sold in accordance with the terms of the Trust Agreement (including the receipt by the Depository, on behalf of the
Trustee, of the consideration required for the issuance of Shares), will be duly authorized, legally issued, fully paid and non-assessable. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the use of our name where it
appears in the Registration Statement. In giving this consent, we do not admit that we are within the category of persons whose consent is required by Section&nbsp;7 of the Act or the rules and regulations of the SEC promulgated thereunder.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:8%"><FONT STYLE="font-family:Times New Roman" SIZE="2">This opinion only relates to the issuance and sale of the Shares pursuant to the Registration Statement and may not be relied
upon by you or any other person for any other purpose, without our prior written consent in each instance. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Very truly yours,</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Foley&nbsp;&amp; Lardner LLP</FONT></TD></TR></TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>3
<FILENAME>dex81.htm
<DESCRIPTION>OPINION OF FOLEY & LARDNER LLP AS TO TAX MATTERS
<TEXT>
<HTML><HEAD>
<TITLE>Opinion of Foley &amp; Lardner LLP as to tax matters</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Exhibit 8.1 </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="37%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD></TR>
<TR>
<TD VALIGN="top">


<IMG SRC="g107964g76e91.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>FOLEY &amp; LARDNER LLP</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>ATTORNEYS AT LAW</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">777 EAST WISCONSIN
AVENUE</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">MILWAUKEE, WI 53202-5306</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">414.271.2400 TEL</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">October&nbsp;15, 2010</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">414.297.4900 FAX</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">www.foley.com</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">CLIENT/MATTER NUMBER</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">058081-0105</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rydex Specialized
Products LLC, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">d/b/a Rydex Investments </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">9601 Blackwell Road </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Suite 500 </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rockville, MD 20850 </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Re:</FONT></TD>
<TD ALIGN="left" VALIGN="top">
<P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust
</FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ladies and Gentlemen: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%;padding-bottom:0px;"><FONT STYLE="font-family:Times New Roman" SIZE="2">We have acted as legal counsel to Rydex Specialized Products LLC, a Delaware limited liability company d/b/a Rydex
Investments (the &#147;<U>Company</U>&#148;), in connection with the preparation and filing under the Securities Act of 1933, as amended (the &#147;<U>Act</U>&#148;), and the rules and regulations of the Securities and Exchange Commission (the
&#147;<U>SEC</U>&#148;) promulgated thereunder, of a registration statement on Form S-3 filed on October&nbsp;15, 2010 (the &#147;<U>Registration Statement</U>&#148;). The Registration Statement relates to the proposed issuance by the
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust (the &#147;<U>Trust</U>&#148;), an investment trust formed on December&nbsp;2, 2005
under the laws of the State of New York pursuant to the terms of the Depositary Trust Agreement dated December&nbsp;2, 2005 (the &#147;<U>Trust Agreement</U>&#148;) between the Company, as sponsor, and The Bank of New York Mellon, a banking
corporation organized under the laws of the State of New York (f/k/a The Bank of New York), as trustee (the &#147;<U>Trustee</U>&#148;), of 15,000,000 shares, representing units of fractional undivided beneficial interest in and ownership of the
Trust (the &#147;<U>Shares</U>&#148;). In connection with the issuance of the Shares, you have requested our opinion with respect to certain U.S. federal tax matters. Capitalized terms not otherwise defined herein shall have the meanings given to
them in the Trust Agreement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In rendering the opinion expressed below, we have examined and relied on the Registration
Statement and originals or copies, certified or otherwise identified to our satisfaction, of the Trust Agreement and all such other documents as we have deemed necessary or appropriate in order to enable us to render the opinion expressed below.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In our examination of the foregoing documents, we have assumed, with your consent: that all documents reviewed by us are
original documents, or true and accurate copies of original documents, and have not subsequently been amended; that the signatures on each original document are genuine; that each party who executed the document had proper authority and capacity;
that all factual representations and statements set forth in such documents are true and correct; and that all obligations imposed by any such documents on the parties thereto have been or will be performed or satisfied in accordance with their
terms. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Our opinion is based upon the Internal Revenue Code of 1986, as amended, the Treasury Regulations promulgated
thereunder, judicial decisions, current rulings and pronouncements of the Internal Revenue Service (the &#147;<U>IRS</U>&#148;), and such other authorities as we have considered relevant, in effect as of the date of this letter, all of which are
subject to legislative, judicial or administrative change or differing interpretation, possibly with retroactive effect. Our opinion is not binding on the IRS, and no assurance can be given that the conclusions expressed herein will not be
challenged by the IRS or sustained by a court. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Based upon and subject to the foregoing, we confirm that the discussion in the
Registration Statement under the caption &#147;United States Federal Tax Consequences,&#148; to the extent it consists of statements of law and legal conclusions, and subject to the limitations and qualifications set forth therein, constitutes our
opinion as to the material U.S. federal tax consequences that apply under currently applicable law to the purchase, ownership and disposition of the Shares. </FONT></P>

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

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The opinion referred
to above represents our best legal judgment as to the application of the U.S. federal tax laws existing as of the date of this letter. Further, the opinion referred to above is based upon the assumptions, documents, facts and representations
referred to above. Any material amendments to such documents, changes in any significant facts or inaccuracy of such assumptions or representations could affect the accuracy of our opinion. Although we have made such inquiries and performed such
investigations as we have deemed necessary to fulfill our professional responsibilities as counsel, we have not undertaken an independent investigation of all the relevant facts. Our opinion is based solely upon the law and the facts as they exist
on the date hereof; and we disclaim any obligation to advise you of any subsequent change in law or facts or circumstances that might subsequently come to our attention. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the use of our name where it
appears in the Registration Statement. In giving this consent, we do not admit that we are within the category of persons whose consent is required by Section&nbsp;7 of the Act or the rules and regulations of the SEC promulgated thereunder.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">This opinion only relates to the issuance and sale of the Shares pursuant to the Registration Statement and may not be relied
upon by you or any other person for any other purpose, without our prior written consent in each instance. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Very truly yours,</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Foley&nbsp;&amp; Lardner LLP</FONT></TD></TR></TABLE></DIV>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>4
<FILENAME>dex231.htm
<DESCRIPTION>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
<TEXT>
<HTML><HEAD>
<TITLE>Consent of Independent Registered Public Accounting Firm</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="font-size:1px;margin-top:12px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Exhibit 23.1 </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM </U></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px;padding-bottom:0px;"><FONT STYLE="font-family:Times New Roman" SIZE="2">We hereby consent to the incorporation by reference in this Registration Statement on Form&nbsp;S-3 of our report dated
December&nbsp;23, 2009 relating to the financial statements, and the effectiveness of internal control over financial reporting, which appears in
CurrencyShares<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&reg;</SUP></FONT> Euro Trust&#146;s Annual Report on Form 10-K for the year ended October&nbsp;31, 2009. We also
consent to the reference to us under the heading &#147;Experts&#148; in such Registration Statement. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">PricewaterhouseCoopers LLP </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Baltimore, Maryland </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">October&nbsp;15, 2010
</FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g107964g18i82.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g107964g18i82.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!X17AI9@``24DJ``@````&`#$!`@`1
M````5@````$#!0`!````:`````,#`0`!`````%^D!1!1`0`!`````0#_`!%1
M!``!````Q`X``!)1!``!````Q`X```````!-:6-R;W-O9G0@3V9F:6-E`/^@
MA@$`C[$``/_;`$,`"`8&!P8%"`<'!PD)"`H,%`T,"PL,&1(3#Q0=&A\>'1H<
M'"`D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_;`$,!"0D)#`L,&`T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_``!$(`#H!8`,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0``
M`````````0(#!`4&!P@)"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%
M$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U
M-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*
MDI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:
MX>+CY.7FY^CIZO'R\_3U]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#
M!`4&!P@)"@O_Q`"U$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q
M$R(R@0@40I&AL<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8
MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?H
MZ>KR\_3U]O?X^?K_V@`,`P$``A$#$0`_`.+_`.%B^,O^ACOO^^A_A1_PL7QE
M_P!#'??]]#_"N8KIO!?@F]\;7MU:V5U;V[6\8D8S`X()QQBO7E&$5=H\R,IR
M=DQ?^%B^,O\`H8[[_OH?X4?\+%\9?]#'??\`?0_PKLO^%!:[_P!!C3?^^7_P
MH_X4%KO_`$&--_[Y?_"L_:4/(TY*QQP^(?C1E9AXAORJ\L01QVYXI/\`A8OC
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M?2=0\:/\.=9\5WWB"_5$14L5+`;CYBAGZ=.H'XUQ/_"Q?&7_`$,=]_WT/\*]
MZ^)EK!9?"C5+6VB6*"&&)(T48"J'4`5\O44.6:;:ZA6YH-),Z?\`X6+XR_Z&
M.^_[Z'^%'_"Q?&7_`$,=]_WT/\*V?"WPEU7Q7H,.KVNHV4,4K,H24-N&TD=A
M[5L_\*"UW_H,:;_WR_\`A3<Z*=G82C5:NCC?^%B^,O\`H8[[_OH?X5[5\&M<
MU37O#=_<:K?37<J7>Q7E()"[5.*X?_A06N_]!C3?^^7_`,*],^&W@V\\%:-=
M6-[=07#S7'FAH0<`;0,<_2L:\Z3A:.YK1C44O>V,#XB_$74=.UB+POX8B\W5
MI=HDD"[BA;HJCINQR2>E9(^'WQ,EM_MLGC!TO<;A!]JDQGTR/E_3%5/!(2?X
M^:V]YS.CW)AW>H8`8_X#FO<ZSG+V5HQ1I%>TNVSD_`$GBU]$=?%L4:W"/MA;
M(\QU'!+@<?0]ZZRN"^,4\UO\.[F2":2*03Q`-&Y4_>]15OPY-*_P@M9GE=I3
MI3,9"Q+9V'G/7-9N/,N?NRU*SY3LJ*^>_#]_>O\``OQ-.UY<M,EW&%D,S%E&
M8^ASD5H>"_`>M^+]%TO6=3\1W,-M`^;.W&7RJODECN'4Y]35NBE=M[$JK=I)
M'NF**^==#TSQ!XN\<>(M'M-;N;.R,\K74GF,V$$APJC/<GVZ5<\07=QX;O=/
M^'L?B22STZ(F2^U)@5<AR6V\$G`&.`>2:/8:VOJ'MM+V/?J*^<-9DT;P@;;5
M_!?C2>[O$E`FMI9"WF+ZG@`CL0?6M?XBZYJ6H^)?"%YH]U+;37UI%)$JR$*'
M9^,CH<$]_2CZNVU9A[9)/0]XHKY[\;^#=8\`6]GXCM?$EY=733A)I')4AR"P
M/4Y!P>#72>/O&NLW5IX<T/1)#;7^M6\4TLB':P\S`"@]AG.3Z"E[&]N5WN/V
MMKW1[!17CT'P6U.TGM;FV\7W:7!<?:G&Y3M/WMASR?K4/P^OKWPK\3=5\(ZE
M=SSQ3Y^S//(6)*_,I&?[R$_B*7LHM-QE>P>T::4E8]DED6&&25SA$4LQ]@,U
MX5I^I>-OBKJ]^^EZR=(TRV8`(CE,`YV@[>6;`R23BM2*:X\;?&^>)+B;^R-)
M4K)&DA"/LXP0#@Y<G\!6?=?#[QMX%U>XU#P=<FYM'.?*0C?MSPK(W#8]1S]*
MTIQ4-&]7W(G)RU6QV'@3P_XZT77+B+7=;%YI2)^[WN93*QZ;2?F7'?/_`->N
M<^"__(V>+/\`KH/_`$8];/P^^*%SX@UAM`UVQ6TU10VQD4J'*_>5E/*MC)_"
MO//!?AG4/%?B;Q#I]OJTVG6/FL]TT/WI/G;:O;CJ:JSM)3TV)NKQ<==SZ1HK
MP[P2-4\%_%N3PE)J$MW8S*W#DX/R;U8`DX/&#BM#QEHWAZ7Q+>3>*?'UQ'&3
MF"PA?!@'H0H/X<`^M8NC:5KFJJ75['L-%>(_"[6VL_'E[X=L-9FU71)(6DMY
M)<Y5@`>`>G4@]CC-<YX(T/7_`!M=ZMIJ:]=6FFI('N7+L[,<L%4#/3J>N.*K
MV%KW>PO;7M9'TC17S]K.I26NMV?@";Q-)IVBZ9'LN[X91YV^]CC)_B"@9QU-
M4=2U#2_`VHV.J^#/%LVHKYFVZLY7+;EZ\\`$'D=,CBA8=OJ#K)=#Z/HKP#QY
MKG]L_$2#3M;U:\TSPZ8(Y(S`#@JR!MV!UR3C/.,5WGPST.RTR6_GTKQ<^LZ<
M^!%;[P?*]V'9NW&.*F5+ECS-CC4O*R1E^,O%&I75WJYMKNZL]$T::*VG^QR"
M.>ZG<@8#D'8JYY_SB+PIXHNM/O[!Q=ZC=:3>W[:7/%J$RSO:W/&PQRKPZ-G!
M],4_Q?X?NM/O=8BFM+NY\/:S/%=RRV4/G2VTR$;@4ZE6QU'2H_#.AS:MJ&FV
M.GQZA#X8TO4#J*/?6WDL7ZQQ1@\LJG)+'Z5K[O)_7]7(][F/!*];^`LT4.O:
MN99$0&U0`LP&?FKR2BNVI#GBXG%"7++F/M'[;:?\_4'_`'\'^-'VVT_Y^H/^
M_@_QKXNQ1BN7ZFNYT_6O(^U8Y8YE)BD1P."58&N,^)?@I?&'AXFW0?VI:`R6
MS?W_`%0^Q_GBN>^`G_(J:E_U^_\`LBUZO7*[TIZ=#H5JD->I\4NC1R-'(I5U
M)5E88((Z@UU">/-33P`_A,$^0TN1-NY$74Q_3=S].*N_%B;2)O'UZVD+TP+I
ME/R--_$5_3/OFN(KU%:<4VCSW>#:3)+>WFN[F*VMXVEFE<)&BC)9B<`"OJOP
M#X/A\&^&X[/"M>RXDNY1_$_H/8=!^?>O#_@]>:1:>.X?[30>=*ACLY&/RI*?
M7W(R`?4^]?3-<F+F[\O0Z<-!6YCC?BM_R3/6?]Q/_1BU\LU]3?%;_DF>L_[B
M?^C%KY9J\)\#]2,5\2/H7X5>*=`TOP!96M_K%E;7"R2EHI9@K#+DC@UV?_"<
M^%/^AATW_P`"%KY'Q1@>E.6%C)MW".)<4E8^N/\`A.?"G_0PZ;_X$+6S9WMK
MJ-I'=V5Q'<6\@RDL;;E;MP:^+L#TKZG^%7_)--&_W'_]#:N>M05.-TS:C6<W
M9HY#XA^"M;L/%,?C3PHC27*D//#&,L&`QN"_Q`C@C_&JX^.MXEH89O"TPU(#
M;M#D)N_W2N[\/UKVBDVJ6W;1N]<<U"JII*:O8MTVG>+L>-S6_CKQK\,M736;
M%%E,B3V2;/+ED`;<5V^F.F>363H/CS7F\&CP?9^&[F744@>V$Y!"I'@Y9@1P
M0">_^%>]T4_;*UG$/9.]TSY\\/Z?>I\#/$UNUE<K,]Y&5C,+!F&8^@QDUZK\
M,(I8/ASHT<T;Q2+&^4=2I'SMU!KKJ*F=7G35NMQPI\KN>/\`PKM+JW^(?BV2
M:VGBC=WV/)&5#?O3T)'--^)OA2\M_%UKXNM=(76+(*JWMD5W$X&,X],=^Q%>
MQ44_;/GYA>R7+RG@BZYHFL7UK9^'?AA%-,SCSQ<P;0%[@$<+_O'CVK2^(6E2
M1?$/P='8Z?(EK;K"NV&,LD0$O3(&!BO::*?MK.Z7XA[+2S9YM\;[:>Z\#P1V
M\$LS_;D.V)"QQM?G`K`\7>$]9ET+PGXGT2!Y+_3+*`2P!?GPH#`A>IP<@CK7
MM%%3&JXI)=!RIJ3;9Y%9_&35M0NK.SM?!UX]T9%6Y52QP.^T8&#_`+W%1?&C
M2[BPGTCQCIV8;JV=8I&QRI^\A/T.1^(KV"1F2)V52S!20!W/I7AVMCQ]\29[
M+1KWP^^DV"3!YI61E7TR2W7`S@#N:TIM.7,E9+<BHGRV;NSI?@_HT^F>"[K6
MF@,U_J3-,J%@I=5SM&3TR<G/O6)#\9==T:YNK7Q)X9F\\2,8ECS&4'93D'<!
M_>%>Q6=I#86-O9VZ[88(UBC7T51@5,RJV-R@XZ9&:CVD7)N2O<KD:22=CQ/P
M!I6L^*OB3-XVU#3VL;12S(&4KO8IL`7/)P.2:N?!VSNK;Q3XI>>VGA5W&UI(
MRH;]X_3(YKV&BB59M-6"-))IW/'[NSNC^T7!<K;3>1Y('G>6=@/D$?>QCK7(
M^'I;7P=XBU2/QCX5N]3OY9,Q2F#S<G)R0&X.[(.17T=135?2S72PG2UO<\-\
M$V]_)\9YK^?0I=*@FMG=(!#M2-2@V@D#&2,$CU-:?P/M+JUN?$9N+:>'?+'M
M\V,KNY?ID<UZ_12E6YDU;M^`XTK-.YXIX]\+W&B>/#XK&A#6](N0/M=KLW%&
MVA2<?@"#ZY!JI9ZKHWB#6[.RT#X90R0LX^U/<PA-J^Q'"XZY/7IBO=J*:K:6
M:#V6MT>5^-?$^GZ9K:Z1KG@B2[T6&%5@N1"'.<?P=@H'&,@\5A_"W1[B;XA7
MNN:7I=UIGA_RW1(Y\C=G&%&>O//?'K7N%%+VMH\J0.G>5VPH[T4=ZQ-3XGKN
MOACX+T[QKJ=_;:C-<Q);PK(I@8`DEL<Y!KA:]>^`/_(?UC_KU3_T.O6K-Q@V
MCS**3FDSJ/\`A0_AG_G^U7_OZG_Q-'_"A_#/_/\`:K_W]3_XFO4J*\[V]3N=
M_LH=CGO"'@[3_!FGSV6GS7$L<TOFL9V!(.`.,`>E8OQ1\:CPGX>,-K(!JEZ"
MD`'6-?XG_#M[_2NPU34[71M+N=1O9!';6Z%W;V]![GH*^3/%7B2Z\5^(;G5;
MK(\P[8H\\1QC[JC_`#US6E"FZD^:1G6FJ<;1,4DDEF))/))[UW^I?#&^T_X<
M6WB1MYNB?-N+?'^K@;&T_4=3[-[5#\+?!_\`PE7BA)+F/=IUCB:XR.'/\*?B
M1S[`U].30Q7$$D$T:O%(I1T8<,I&"*WKU^222,:-'FBVSXK5BK!E)5@<@@X(
M-?3OPP\;#Q=X?$5U(/[5LP$N`>L@[2#Z]_>O!_'GA27PAXHGL,,;23][:R'^
M*,GI]1T/T]ZI>%O$=WX5\06VJVA),9Q+'GB6,_>4_P">N*TJP56%T13FZ4[,
M^C?BM_R3/6?]Q/\`T8M?+-?3/Q`U6TUOX/:AJ5C()+:XAC=#_P!M%R#[@\&O
MF:HPBM!^I>)UDCW+X;?#KPQXA\$VFI:E8-+=2/(&<3.N0&('`..E=9_PI_P3
M_P!`M_\`P)D_QKA?A_\`%30/"_@^UTJ_AOFN(GD9C#$K+\S$CDL/6NG_`.%Z
M^%/^??5/^_"__%5C45;F=KV-8.ERJ]C3_P"%/^"?^@6__@3)_C76Z1I-GH>E
MP:;I\1BM8`1&A8MC)SU//4UY_P#\+U\*?\^^J?\`?A?_`(JNA\)?$/1O&=Y<
M6NF17:201B1S/&%&,XXP364XU;>]>QI%T[^[8R=?\5>(H/%\NC:1'!*0%,:-
M&"Q^0,>21[TS^T_B/_T"X?\`OA?_`(JLKQ!?W.F?%*6[M+0W4\87;"`26S'C
MMS6N/'7B0L`?"LO)_NR?X5V\C48\L4]%N>*JRE4FJE22M)I6VM]S.^MC*UK"
MTXVS%%,@'9L<_K4M</XJUK4K'Q7H=K:W3Q07!3S8P!ALO@]1Z5>^(&J7ND>'
MTN+"X:"4SJI90#Q@\<UQ*C)N/]X]1XN$8S=G[FYU5%>;^*O$FKZ;:^'I;6Z<
M-<6X>90!^]/R]>.^3T]:L_;/$WAZ&XU[7;N.6%HRL=DC<+(Q&T8QCCG/-7]6
ME9.ZUV(^OPYW'E>F[Z+2YW]%>:V5MXZU^S&JQZLEJD@W0PYVAAVX`X'UK9\&
M>)[W4[FZTC5T"ZC:Y)8#&\`X.1Z@XZ=<TIX=Q3::=MQT\;&<E%Q:YMK]3L:*
M**YSM"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HHHH`*.]%'>@#XFR/
M6O7O@"0=?UC_`*]4_P#0Z]S_`+,T_P#Y\;;_`+]+_A4D-I;6Y)@MXHB>"40+
MG\J[:E?F@U8Y:=#EDG<DHIU%<1U'SW\9?'`U;4O^$=L)@;*S?-PRGB64=OHO
M\_I7ED$4ES<1P0(9)I6"(B\EF)P`*^S3IM@22;*V)/)/E+_A2II]E&X=+.W5
ME.0RQ*"#^5=L*ZA&R1RSHN<KMF#X%\*Q>$/"]OIX"FY;][=2#^*0CG\!T'TK
MI:=17')N3NSI225D<5\3/!X\6^%Y%@0'4;3,MJ>[''*?B/U`KY:;Y6*L"K`X
M(/!!K[:JJVFV+,6:RMR2<DF)>?TKIH5W!6,*M%3=SY3TGQ?-8^#]9\-S%I+2
M]57AY_U4@92?P('Y@5S61ZU]H_V9I_\`SXVW_?I?\*/[,T__`)\;;_OTO^%:
MK$);(S=!O=GQ=D>M&1ZU]H_V9I__`#XVW_?I?\*/[,T__GQMO^_2_P"%/ZSY
M"^K>9\79'K7KGP!(/B/5O^O1?_0Q7NO]F:?_`,^-M_WZ7_"I(;2VMV+06\41
M(P2B!<_E45*_-!JQ=.ARR3N>6:WJMOHOQ7>_N0[11!=P0`GF+']:W_\`A:FA
M?\\+W_OA?_BJ[*6PLYI#)+:02.>K/&"3^-,_LO3_`/GQM?\`ORO^%-RA.,>:
M.RMN<2A6I3G[.>C;>W_!/./'-X7O?#WB*&%VM"JN,CG[P;!]"14'CCQ?9>(-
M&CMM.CG9$E$DTCIM"<$`?4Y_2O5'M;>2W^SO!$T.,>6R`KCZ=*BCTRPB@,$=
MC;)"3DQK$H7/KC&*(58I1;7P^8JV'FY3BIZ35WIV^9YCXK(QX.Y'^I3^:5V?
MCG2)]9\,30VJEYXW$JH.K8Z@>^":WWM+:39OMX6\OA-R`[?IZ5-64JS7(TMK
M_F=-/"I^TC)Z2M^5CSG0OB+IECH<-IJ,5Q'=6J"(HL>0^.!]#]:/`MO=:KXF
MU'Q+-`88)@RQ`_Q$D=/7`'7UKNY]*TZYF\Z>PM99?[\D*LWYD5:5550J@`#@
M`#I5U*D8Q;BK.1G1HSG42J2NH;:6^\2BG45QGIC:*=10`VBG44`-HIU%`#:*
>=10`VBG44`-HIU%`#:*=10`VBG44`-H[TZB@#__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g107964g64f14.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g107964g64f14.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!X17AI9@``24DJ``@````&`#$!`@`1
M````5@````$#!0`!````:`````,#`0`!`````*>D!1!1`0`!`````0#_`!%1
M!``!````Q`X``!)1!``!````Q`X```````!-:6-R;W-O9G0@3V9F:6-E``"@
MA@$`C[$``/_;`$,`"`8&!P8%"`<'!PD)"`H,%`T,"PL,&1(3#Q0=&A\>'1H<
M'"`D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_;`$,!"0D)#`L,&`T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_``!$(`#P!'0,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0``
M`````````0(#!`4&!P@)"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%
M$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U
M-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*
MDI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:
MX>+CY.7FY^CIZO'R\_3U]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#
M!`4&!P@)"@O_Q`"U$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q
M$R(R@0@40I&AL<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8
MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?H
MZ>KR\_3U]O?X^?K_V@`,`P$``A$#$0`_`)KK6=46]N`-2O`!*X`$[<<GWH34
M==D4,EWJ3*>C*\A!JE>?\?US_P!=G_\`0C7LO@C/_"':?_NM_P"A&O2JS5.*
M=C)*[/)QK>N6L@_XF-_&_H\C#]#7<^#/&L^HW2Z7JK*\KC]S,!@L?[I]_>M3
MXA1VC>%Y7N`OG*Z^03][=GD#\,UY;HQD&N6!BSYGVB/;CUW"H7+5@W:P]8LV
M?%']KZ%KDUL-2O?(?]Y"?/;E#VZ]NE=/\._$,MXD^F7D[RS)^]B>1LEE[C)]
M/ZUK>.-"_MC1&EB3-U:YDCQU8?Q+^7\J\FTO4)=*U.WOH/OPN&Q_>'<?B*4;
M5:=NH/W6>T^)=870]#GN\CS<;(0>[GI_C^%>8^&3K&O:Y#:G4KWR0?,G83MP
M@Z]^_3\:D\<>(X]<OX8K5R;.!`1_M.PR?RZ?G7<>!="_LC1!/,F+J[Q(^>JK
M_"O]?QJ$O94KO=CW9R_Q"U"]L_$,45M>7$,?V93MCE*C.6]#7*KJVL/]S4+]
ML?W97-=%\2_^1FB_Z]E_FU;/PM_X\=2_ZZI_(UJI*%)2L+>5CBK?Q/KMI(#'
MJEUD?PR/N'Y&O1/"/C5=:<6-^J17V,HR\++]/0^U:GB7PY:Z[ILJF)%NU4F&
M4#!#>A/<&O%8Y);6X62-C'-$V5(ZJP-2E"M':S#6+/9_&DTMOX3O98)7BD79
MAT8@CYAW%>1?VUJO_03O/^_[?XUZ;XCOAJ?PV>]`P9HHF(]#N&?US7F>AX&O
MZ<6QC[3'G/3[PHPZM!W"6X?VSJW_`$$;W_O\W^-)_;.K?]!&^_[_`#?XU[KY
MEI_?@_,4Y3;N<(8F/H,&H^LK^4?+YE'1@;KPS9"9W8RVJAWW'<<KUSUS7DVM
MR:WHFK3V,NIWIV'*-Y[?.AZ'K7M@&!@=*Y+Q[H']JZ3]L@3-U:`MQU=.X_#K
M44:B4]=F.2T&>`-??5-,>RNI6>[MOXF.2Z'H?PZ?E69\0O$DT$\6E6-P\3IB
M2=XV((]%R/S_`"KA]%U:?1-4BOK<!F3(9">'4]0:ET^SN_$WB!8BQ::YD+RR
M?W1U8_Y]JW]BHS<WL1S:6.Y^'MIJ-T)-5OKRZDAYC@225B&/=L$_A^==[4-I
M:PV5I%:VZ!(HE"(/85-7'4GSRN:)617D_P"/^W_W'_I5BJ\G_'_;_P"X_P#2
MK%0,KWU[!IUA<7MT^R"WC:21O10,FO#M-US7?BQXR;3VU"XTW1HU:5X+9]I\
ML$``D=6)(Z\#GBO5/B#;37?P_P!;AMP6D-LS`#J0""?T!KYW\">+&\'^)8]1
M,1EMW0Q3QKU*'!R/<$`UW8:G>$I+?H<M>=IQB]CVF\^#/A>:U9;3[9:76/EN
M%N&9L^I!X/Z5@_".#5[3Q=K^G:E?W4PT]/)\MYF9-Q?[P!/HOZUZAHNOZ7XB
ML5O-*O([B(]=I^9#Z,.H/UIUGHFGV&JW^IVT&R[ORIN'W$[MHP..@_"L?;2Y
M90F:>SC=2B)KNN6'AS29M2U*;R[>(=N68]E4=R:\9'CKQC\1?$`TGPZXTJU.
M69T/S)&/XG?K^`QS5#XU^()=0\5KI".?LNGH,J#P96&2?P!`_.NS^!FE1V_A
M6[U,J/.N[@IN[[$&`/S)K:-.-*C[1J[>QDYNI4Y%LB]!\'M&EB!UG4M5U.Y/
MWI);D@$^P_\`KFLW5_@I9QV[S>&]4O;*[491))24<^F1@CZ\UZO17.L143O<
MW=&#Z'B_P:O==N?$NJVFJ:C>RQV4.QK>>9G"R;\=^XP:Z?QYX5U!K/5->TWQ
M-J]G/%"9OLR3D0X1>0`,8R!^=;F@^$ET/Q/KNL+<AQJDBN(@F/+QG/.><DU>
M\5?\BAK7_7C-_P"@&KE5O5YH^1$:=J=I'S;HWB+Q5K.M6.F#Q-JD?VJ=(=_V
MESMW'&<9KZ2\-Z"WA^P>V?5+_47=][37LN]@<`8'H..E?,?@09\>:%_U^1_S
MKZT'>ML;HU%;&>%U3;/GJ\_X_KG_`*[/_P"A&KMKJFN6]LD5I=WZ0+]Q8BVT
M?3%4KS_C^N?^NS_^A&O9/!!_XH[3_P#=;_T(U=6:A%-JYM%79X[=WUY?.&O+
MJ>=EZ&5RV/SKT'P-X0$1@UN\D1R5WV\:'(7/\1/K[5ROC/2O[*\2W**N(9CY
MT?IANH_`YKL?AKJWGZ=/I<C?/;MOCS_</4?@?YU-63]E>(1WU.ZKQGQMH@T;
M7G\H`6UR#+&!_#SR/P/\Z]FKS/XH_P#'_IW_`%R?^8KGPS:G8N>QA^"]$&M:
M\BR@&VMQYLH/\6#P/Q->T5YC\+O^0GJ'_7%?_0J].HQ+;G8(;'D_Q+_Y&:+_
M`*]E_FU;/PM_X\=2_P"NJ?R-8WQ+_P"1FB_Z]E_FU:GPSN;>WLM1$T\49,J8
M#N%SP?6MI?P"5\1Z)7S_`*FRMJUXR?<,[E?IN->K>*/&-CIFGRPV=S'/?2*5
M18VW!,_Q$CTKR6UMIKV[BMH%+S2L%4>I-+#1:3DPF^AZ$X8?!T;O[HQ]/-KS
MF.-YI%CC0N[G:JJ,DGT%>N>*;)-.^'<MFG*P1Q)GUPRY->7Z*Z1:[822,$1;
MA"S,<`#<.:NA*\9-=V*70D_X1W6O^@3>?]^C74^`-)U&R\1M+=6-Q!'Y##?)
M&0,Y'%>@?V[I/_04L_\`O^O^-']NZ3_T%+/_`+_K_C6,J\Y)JQ2BD7ZKWUY#
MI]C/=W#;88D+-_A4T<B2QK)&ZNC#*LIR"/45YK\1]?\`.N$T:W?Y(B'N".[=
ME_#K6-.#G*Q3=D<-<RK/=S3)$L22.66->B@G.*Z[X<:E;V>M2VLR*'NE"QRG
MJ".=OX_S%2>%/!JZOH5Y=W(VO,I2T)_A(_B_/C\ZXUTGL;MD;=%<0/@^JL#_
M`(UWMQJ)P1EJM3Z%HK'\,ZVFO:+%=9`F7Y)E'9QU_/K6Q7FM-.S-BO)_Q_V_
M^X_]*L57D_X_[?\`W'_I5BD`A`(((!!X(/>O"O'WP@NK6XFU3PU$9[5B7DLE
M^_%Z[/[R^W4>]>F>.O%DW@^PT^^6WCEMY;Q(;AGSE$())&._%=1'(DL:R1L&
M1P&5@<@@]#6].<Z5IK9F4X1J>Z^A\>:9JNIZ!J(NM/N9K.ZC."5.#]&'?Z&O
MH7X;_$=?&$3V%^B0ZM`FXA.%F7H64=CZCWJ#XI^!-/UG0KS6K>%8=4M(S*9$
M&/.5>2K>IQT/6O)_A.)F^).E^3GCS"^/[NQLY_2NV;AB*3G;5'+%3HU%'HRE
M\1`P^(>N[^OVHX^F!BO;?@S(K_#FV5>J3RJWUW9_J*\X^-F@2V'BM-71#]FU
M!!E@.!(HP1^(`/YUL_`KQ%%%)?>'IY`K2G[3;@G[Q`PZCWP`?P-*M[^&372P
M4_<KM,]AU75+71=+N-1O79+:!=TC*I8@9QT')ZUR2?%[P4W_`#%'7V:VD_PK
MN2`1@C(]Z\;^.VF64.EZ7?16T4=P;AHVD1`"R[<X..O(KCH1A.2C+J=564HQ
MYD=:/BWX,9U1-3D=F(`"VTA)/Y5T'BDY\'ZR?^G&;_T`UY!\!K:"75]8GDB1
MY(H8PC,H)7).<>G05Z_XJ./"&M'_`*<9O_0#5581IU5&)-.<IPYF?,?@/_D?
M-!_Z_(_YU]:"ODOP(<>/-"/_`$^1_P`Z^M!WK7'_`!HSPGPL\1NO"VO/>7#+
MI-T5:5B"%ZC)KU+PC:SV7A>RM[F)HID5MR,,$?,:T9=3L(+@037UO',>D;R@
M-^52SW-O:Q^;<3QPQYQND<*,_4USU*SFK-'2HV.4\?Z#/JVG6]Q9P--=0/C8
M@Y9#U_(XKD_#6E>(-&U^UNSI-V(MVR7Y?X#P?\?PKU:VO+6\5FM;F&<*<,8G
M#8/X4QM1L5NQ:->6XN#TB,@W?E1&LXQY;`XZW+-<!\0](U'4[RQ>QLIKA4C8
M,8QG!R*[PRQB98C(HE8%@F>2!U.*$ECD=T216=#AU!R5/OZ5$)N$N9#:N<#\
M/-'U+3-0O7OK*:W5XE"F08R<UZ#5:/4K&6?R([VW>;./+652V?IFIGECC=$>
M1%:0X0$X+'T'K1.;G+F8)6/.?'VB:IJ.OQS65A//$+=5+(N1G)XKE3X3UX]=
M'NC_`,`KVF?4["VE,5Q?6T4@&2DDJJ0/H33XKZTF\ORKJ&3S<^7MD!WXZX]<
M5K'$RBDK"<;GC=IX(\07+A1IS0KW:9@H']:]$\+>#;?P_P#Z3,XN+YACS,?*
M@]%_QKI!-$9C")4,H7<4W#<!ZX]*?4SKSFK`HI&'XPM;B]\+7EO:PO-,^S:B
M#)/S`UY1_P`(KK__`$"+K_OBO:HM1L9YV@AO+>29>L:2`L/PJ8S1K*L1D42,
M"50GD@=2!13KNFK)`XW/#_\`A%->_P"@/=?]\4?\(GKW_0'NO^^*]R=UC1G=
M@J*,EF.`!4-K?6EZK-:74,X7AC$X;'Y5I]:EV%R(RH)+S2_!UOY5G++>Q6R*
ML"CG?C'/T[UYI;>$M>U+54%Y97$0GDS-/(.!DY)KUZXU"RM)!'<WEO"Y&0LD
M@4D?C5A65U#*P92,@@Y!K.%9PO9;C<;D=M;Q6EK%;0*$BB4(BCL!7`>//"EU
M=:A'J.F6KS-,-LZ1CD,.C?B./PKT!)X9)9(HYHVDCQO16!*_4=J4RQB80F11
M*1N"9Y(]<>E1"HX2YD-JYYGX+M-?T/60)M+NEL[C"397A?1OP_D:]/HIAEC$
MPA,B"5AN"9Y(]<45)\[O8$K$<@)OH#@X"OD_E4]1B>)IV@$J&50&:,,-P'J1
M33=6X@:<W$7DJ2&DWC:"#@Y/UJ!G.?$3P[<>)_!EWI]FJM=ADEA5F`!93TR>
MF1FO//"_B_Q=X*LDTC7_``QJ5W:0_+#+%&2\:_W<C(8>G->TR310Q^9+*B)P
M-S,`.>G-17-_:69475W!`6Y42R!<_G6T*MH\DE=&<J=Y<R=F>8>(/&6O^+M&
MGT?PYX4U6-KM?*EN;N/RU1#UQGCD<9)K8^&_PY7P=#)>WTB3:K.FQBG*PIUV
MJ>YZ9/M7=Q7$,\`FAFCDB(R'1@5/XU%;:C8WCLEK>6\SKU6.0,1^5#K>[R15
MD"I^]S2U97UW0K#Q'I,VFZE#YMO)Z<,C=F4]B*\*UGX1^*/#NH+?:!(;Y(7W
MPR0L$F0CIE3U/TKWJ35M-AD:.74+5)$.&5IE!4^XS4YN;<6WVDSQB#;N\TN-
MN/7/2BE7G3T6PJE*,]SRW2?BCKUC"MOXE\(ZH9T&#/;6[?-[E2,9^AKG_B!J
M^L_$*.QL](\+:ND%N[2%Y[<J68C`]@!SWKW&VO+:]C,EK<Q3H#@M&X8`_A3)
MM2L;>;R9KVWCE_N/*`WY$U4:T8RYHQU$Z4I+E<M#RKX3>#_%7AG5;BXU&R@M
M[&ZB"R+)(#*".5P%SZG.:W?'.L>*;FVU+0M'\*7,\<T9A^W&5=I5EY*K^)')
MKT`L%4L2`H&22>,57MM1L;UV2UO+>=EZB.0,1^52ZSE/GDAJDHQY4SYKTSP'
MXYTG5+348/#\YEMI5E0,R8)4YP?FKW_PMK6KZQ!.=7\/S:1+%M`$DH<2YSG;
MCIC`Z^M:']L:>(99C<J(HAEW*D*!G&0<<\^E68+NWN)9HH95=X6"R`?PDC('
MY&G5KNK\2%3HJGLSCOL5UX:2^DO=+M]3T^69IY)Q@RJI/\2L.<>U:7BB03:;
MI4D$23J]["T<;<*X.<`YZ5;E\-QSHT,VIZE+;.<M;O,"K#T)V[L>V:MZCI$&
MI6L-NTDL*PR+)&T#!2I7IC(-8&Q%&9[?1[J;[!#9W"H["*)@P)`X.0!57PS9
M6A\/6$_DQR2R()GE906:0\EL^N:TK'3S9+(&O;NZWX_X^'#;?I@"JL'AZ&TF
M!MKV]AMP^\6J2CRP<YQTR!GMG%`$%S_R.UA_UY2_^A+1HO\`R']?_P"OB/\`
M]%BKNHZ/#J,T-QYT]O<PY"30,%8`]1R""/PI^FZ5!I<<BQ/+))*_F2RRMN>1
MO4F@#A;=/ML4>F)8QQ3S7TLD5^Y`QMDR0I'.[':NJUO_`)#F@?\`7R__`*+-
M3MX=LCI_V/=,%$YN$D##>CEMV0<>]7+G3H;JYM+B1GWVKETP1@DC'/YT`9'B
MFV@:"RD:")G:^@4L4!)&[IGTJ;Q!IJMI8GLT2*XL&^T0;0``1R1]",BM&^T^
M'4(XDF+@13+,NTX^93D?A4\\*W$$D+D[9%*''7!&*`,7PU"TUK)K%P!]IU$B
M4]]D?\"?@/YT[Q9/+;^&+UX6*,5"EEZ@%@"?R)K4LK..PL8+2(L8X4"*6.3@
M>M/GMXKJWD@G0212*5=6Z$&@##9[+2+W3;1-(41.RQ072A/E8J?QZ`\T^\_Y
M'33/^O6;^:U+#X;@BGMG>]OIH[5]\$,LH*H0,#MDX'J34VH:+%J%W!=?:KJW
MFA5D5X'"G!QG.0?2@"CXG_>OI%K(,VT]\BS*>C``D`^Q(IFHQ1V?BO1)+6-8
MWG\V*4(,;D"Y&<>AK4FTB"ZTQ;&YDFG52")7?]X&!R&R,<BF6FBQ6UX+R6YN
M;NX5-B27#`E%/4```#/KUH`Q=229_&$HATVWOV^P+E)G"A?G//(-6O"\L%GX
M8.YV`M6E$RL,>4P)+*/8=JOWFAQW>H?;5O;RVF,0B)@<+E02>X/K0-`LDT67
M2D,J02Y\Q@^7<DY))/<T`<EX>U""+7;*Y$C>?J:R"Z!1@`Y;<G)&#QQ71S_\
MCQ9_]>,O_H:UHWVE6]_;002;T6"1)(S&<%2O3%0W^B17][%>"[N[:>.,QAK=
MPN5)R<Y!]*`-&L*X_P"1YLO^O&7_`-"6MJW@^SVZ1&624J,>9*<LWU-0OIT+
MZI%J!+^='$T2C/RX)!/'KQ0!R>HF2S\7WVK19/V..#SE'\4+`A_RP#^%:.A6
ML6H^&;RV;#17$]PN?8N>:V5TNW6^N[L[F>ZC6.16.5*KD=/Q-)I6E6^C6"V=
MJ7,2L6&\Y/)S0!S%E<OK":'I<W,EL[278]X3M7/U;!JWK8E;Q9I_DV,5X_V2
M7]U*P4?>7G)!K:M-%M++4[R_A#>?=D&3)X&/3TSU-,U#1(M0O(;O[5=6\T2&
M-6MW"\$Y.<@^E`$>HZ;+J/AR:PC6.SEFBQM7E4/4CCMVK/TN[-KJEM8:EHT%
MG=M&P@G@PR.`.0#C(^E;/]F_\2TV;7MXQ//GF3$O7/4#^E0VNAQ6]ZMY-=W5
MY<(I6-[AP?+!ZX"@#GUH`H:S:6S>(=$+6\),DTN_,8^;]V>OK1K<:2:UH-BZ
M+]D:5V,>/E+*F5!'ZXK8N-/AN;RTN9"XDM69HP#P21@Y_"DU#3(-2A2.8NK1
MN)(Y(VVO&P[@T`8\D:6GCBS%LBQBYM)//5!@-M(VDCUYQFLC6;B.VU[6/-TU
M+M)8H(C)(5"1%@0"Q/(&>XKJK+1X;.ZDNFGN+FZ=0AFG8%@O7:,``#\*5]'M
M);B^ED5G^VQK'*C'Y=H!`Q^=`%"71+F;P:NC_:1]H\A4\TY()&#CUQQCZ5!I
M=X8-5@L-0T:"RO6B;R)H,,DBCJ`<9'T-:XTM%TI-/6ZN@J*%6828D&.G.*BM
M-#BM[T7DUU=7EPJ%$>X<'8#UP%`'/K0!F_V)=2K+;A!!8N4W6YF,B\.&8KQ\
BHQGCW[5=T+2IM,><RLKF5$+,#R7!;/Z%?RK8Q2XQ0!__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g107964g69j33.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g107964g69j33.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`Z0)M`P$1``(1`0,1`?_$`(8``0`"`P$!`0$!````
M```````'"04&"`0#"@(!`0$`````````````````````$```!00!``0(#`0&
M`@(#```#!`4&!P`!`@@)$1)8&=(3%)>8V%F9DU05U1;6%]<8.'BX(9)65R(C
M)#=W>3%!,@I184(1`0````````````````````#_V@`,`P$``A$#$0`_`/W\
M4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4"@4"@4"@4"@4'+6U6W4:ZA-Z.5R0FW+#T/2U)92)(\9<*QDY)9?SH>YM
MH/!^63DUHM4`RJ#`%FJPU0V,-U>H$&6OTW_C:@YE[TIH=B;D_P#0%G+YHH'>
ME-#L3<G_`*`LY?-%`[TIH=B;D_\`0%G+YHH'>E-#L3<G_H"SE\T4#O2FAV)N
M3_T!9R^:*!WI30[$W)_Z`LY?-%`[TIH=B;D_]`6<OFB@=Z4T.Q-R?^@+.7S1
M0.]*:'8FY/\`T!9R^:*!WI30[$W)_P"@+.7S10.]*:'8FY/_`$!9R^:*!WI3
M0[$W)_Z`LY?-%`[TIH=B;D_]`6<OFB@=Z4T.Q-R?^@+.7S10.]*:'8FY/_0%
MG+YHH'>E-#L3<G_H"SE\T4#O2FAV)N3_`-`6<OFB@=Z4T.Q-R?\`H"SE\T4#
MO2FAV)N3_P!`6<OFB@=Z4T.Q-R?^@+.7S10.]*:'8FY/_0%G+YHH'>E-#L3<
MG_H"SE\T4#O2FAV)N3_T!9R^:*!WI30[$W)_Z`LY?-%!G6'R=Q&\I=B2&%Z!
MMU8:<LX.E89,;K4\:HRC$['77:B,5V20;;WTO<Z<722RH(T&.IF@0L\K9"V*
MY6Q_C0614"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4
M"@4"@4"@4"@4"@4"@4"@4"@4"@K'Y!/]].)[_L4M^RK<>@LXH%`H%`H%!HC\
ME&-8M)IQ^2I`9C`)K!W)-2##Q<R,VPU=1Q!S,YD$JZN<*743N!8/(3(('KB8
MAXWSO;JVO>P9AJO%HOI(P7V2Z6X\4(4<<J&M-5<3'"D"&2V5L#)?!22#1LGF
M.7SOT9X6SZV%_P"%[6H-CH%`H%!Y%!0())`ZJ*ATHFIB:4,J"BHJ!D$F03R!
M,',P<.G3AC,,N5*%2X>0@@@F6.&&&-\LKVM:]Z"#\]J=9`VTN///8:$K--L&
M6^2<;C^U%E71D$X[5#Y):9184++5RR<:=2I_ITP,7+#-0&Z,`+"97M:@GN@4
M"@X^V'V];\`.^/V:=:BDXU"0E\FU$?,H=#+W-NQ4$(8H[422`)1155A>4P5#
M`7`($"_0'_''KWMG;`.J&\ME'(B):Z2Q%#+*A,$V&"/8.Q@OD)C_`)I4Q8$0
M4'R@J-;(//J9YX=?&_5RO;HO<,S0*!0*!05C[X_F;XD/UW/;]B6XE!9Q0*!0
M*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0
M*!0*!0*!0*!0*"L?D$_WTXGO^Q2W[*]QZ"SB@4"@4"@4%,\>KH:9S=;2%I]/
MDDQ0/Z=:UE]#;N<<(HF*$=A.*53&W!>-1C^09`9[6DC)KY.@$G>ZEDCAHV0^
M/DN`-[!Z9GG!O:\;.PLQ(-D-D1;"6PD<<B$CRC=.3F(5;"AL-%2-!B\C/%MN
M)>21B0;KN?=:V95BI<8R04S0)@0R7R,%S65!R7KOMYN-LH+$IXOMRCLLCGP^
MZB;Y/`FUHCAA?LZY<?9F8T.4$\V;6DL_DB,]>-L@N**6)6`%3#@=L`!00[#`
MBA_K'W)VG,0OHL3D+<U@M)[;^:8*.S+3G"2D6'(;CUDR\BPQKLHEX59Q_P"R
MU^--T$1E:0%]ZG$Q6!P6E%/33)<D?+E"H@6`8"5=X]U60%M2\3.S<;CWU89O
M$D_A&RPHQ9=XJ?ZMM4YBS1GI%Q6GJEG))`BM[88&#S>%\I3U].N,7SL:R##S
M+C!VM#VRL@[)2U)3>2-R&K"[X8FT>VNLKFU<M'D?.A\IC;CT@[D"$9!:Q);#
MR>Z>[3I!/1)*%6%/!7:*JWU;-/L0#P\0<##G=&E!V;HZ>3[$>YLSN*"TJ#(E
M7M1-WI!3$5J-@@5W,&D-&02TJMQ3,M5/3",?I#;3T5Z%"80MF^?;,AIX"AB+
MB6,6L''VX$DSRF:]\@>O.X#4@QT;*,B$-)7DG;LP*DCH<=3W"A_;PB@146E6
M-U!0''BV7&HYPUHY\C!*IQ,4"AXP,EC`%L;XT'=>>X4S-:=YTU;>6S_EZRUM
MY&I%$9.#%DPTV)+?#">.@)#:E=C(!SJ9%*AR/,(Y=!PRK6<:NC*:@;;";FE!
M%CJL8`,T$*ZS[S[E[.'-0E)-GI(*Y.[BQ!W7D-@1I%\7+Y^7)>BN;&*UG.RD
MD\N$U@\VT>6T10.I!X!/\2.E&C6`I$0J,':U!N<;;H[=RQ"R=.D-;):JS05E
M^%]:W<W8+3I/8R#*K8EASRNW$^5X\:SU5(J;C&BE6?;.7C34:Z%(`*P?(OQ,
MP`&/B6R.7+AW]KNVHLWB@.,IID`K)#A=!90E=G*8\LLMJQS*+=5FG*+Q8SG8
MKS;+2#4&0GO&/59N"H>3@;686)X5.^4$XW@$.'>P6*)B801DX@D)98,FFIA0
MN0(E`NMXLN4*A8@EP<+YY99Y6#"PM;IRO?*__F][W_C0>Z@4"@4"@K'WQ_,W
MQ(?KN>_[$MPZ"SB@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4%8_()_OIQ/?]BEOV5[CT%G%`H%`H
M%`H-'?48QM*!$@ER7'K'D1-2C^"JF)SZ::"[2*<J!AYA!J1`HOD%`N3/AA"9
M8XC!XXB6QRO:U^B]Z#XKD4Q<YR#52G+&S!<*6Q5`JKLE-7&<WE8@SE4B4&($
M5-JDSZ<8+MY0)D#(@`0Q3$$0,$3+#'*V.5[7".'*WM48@P('G@AZ]1?@N-^\
M:IAQRID;LG!8:N`&5LF`0,*@"990;^!7._2E!WS+6#O?_*Z+T']I#+U5FF/B
M3*06GK[+,5,I>)W3FDD(,</N/FDYTD+!23[DD$F556X@KR:"J8F`?%A!&`<3
M%L\>BPEKW#=5B%(;<1EPG'!$L9+IMW72+NLTL,-JJ9ESW;^6&:#=PCG4H<5:
MNB9AXW*>4W%\FOC:X?5Z+4&-<L--0R.^GE'Z,S(SG-W1\?82?/"1'+,5G^@E
M\4[,NV!C)Q42[BNA':2E@7-ETA0%$3A,BV(>0?4H(/:.>O6O3+.1#.NP45.^
M070:N]I?6YE<46-%P2@[W5F#@.[5I@BF4M%24@[BC`$D@B7*>2$DY.+E0LA/
M)_&7"5&5'&K[RC\\4CIB0*ZHK=BMDH*19EMB/5V/W*N(1SR+(Z=!0R)INK*J
MC'T_Q-Q!+"#%A@.ITXY8=%@V)1@2"U<<P:5H7B94,G'&AO`V848Y9YT<T[6N
M"*7;3I,#&4<40=QMXN8$#(GLKW,E,,\L0L\+7O:@][;AF'V:I)2RT(HC5JK"
M$FGD9$56VQ6NAJ2,CJAXTJ*:2E'DQ+*FD]-45,\.8'`!SP"&'&S$SQOGGE>X
M8TO`$#E"+R3"L)Q&639%<!=VR"GEXW9H)%].HH:Q/E7,\B@:-B7<[@+'L+#!
MG3N(YG`6UL[9VRMTT$DHJ(C-Q*((3>2$Q!0THL&32T9%(%4M*32@5N@(J03B
M(0!0F6#M_P#'`/#'&W_JU!DZ!0*!0*!05C[X_F;XD/UW/?\`8EN'06<4"@4"
M@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4"@4"@4"@4"@K'Y!/\`?3B>_P"Q2W[*]QZ"SB@4"@4"@4"@4%-_,@5.&T3C
M?"2<&QDOY<L.H0;?S>!,4\W\%44G)V`'R@6*C%CPQ?/'IME@`(&)E_XZ>CIH
M$O3?*NM[K@<D,Z=>$"1):Y#(6B:>B,5MDN605&!Y68TD%(Z$=MG&8'76W(8]
MH]`+@'LS?7%N#8(/#,L(5PQ#F&*]RMQ=AI0UKB!D[-L1GEY9F;EMCU>?R3$#
M`?:H.A:2[&HS/AHZG$Q%4JW,3Y]AJ.!55RP!L$=P%N:#Q"$R"RP"8X#WLV)D
M\_HO+_RBE++6VXVCV>UJES6?)M(99P:[@Q&0V"4D5QI3A(@DWABYXP.0,72W
MN"NYGB1T9PW&)A)W4*!#!N?,0P6`3AJ$W;BSVH&YG;R3\90;D<0Z(E9K"]@G
M[;0\BIY924C!?,T<+%$D'R<,'+.X>(66=K8]&>?6#>9'/S.B\@L8:G:]RDS=
M>(F?>LDN;3O5,;L*LES+BX^V#LAKTV7%Y&:63@!%."D-K26IE3YBQ(04`UGB
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M4"@4%8_()_OIQ/?]BEOV5[CT%G%`H%`H%`H%`H(\D&(HHELND%)5C*/Y,*-]
M1LL()60&:W7B61%?'#Q>"LD%W$G*(*:J8!_X<3`-L!L<;WM;*UKWH-3SUEUO
M%9[@CT77Z$A6$[5E+<;J9(L5,45I.9PH>:=FB+SA;@B%DCK2TC9I!2Y0T9!%
M'+W*@^+RQ\5AU0R"/KY`C>6T5RM^$8C0G&VE-QK3<7T:-V<EK2`LO$>QIWJR
M(J$48`\E*;K,VMFIC@"!BG\[=(^0EZ#-HD110V7FX)';D91^@2"[,A<W0^45
MG-Y+=SCS'Q*8&!%QQD4X!7513.">7Q%S'&SR$Q+A6RO>P0?5#U/R+XUE,@G)
M<FQZR)$3$A4*KB2G/EJH;L():V0SQ%(K*<37B)\N25B(N-L@3(>.(P65NG#*
MUZ#ZC1M'9EYI,CF&&S1Y#0$0PV4-^#-E%%>:,VS>?C3;>2W1F2R6R"&:%M;,
M4H$/@7$SM;++"][6O01\#JWK*7.+B@!KK!(!]SF'J;<IT*(V`&;<)J2@@`9&
M,KAG!OV&5AW^"6#Q6\Q\A,E7$/&QJXML;=`9\"!X0+([=;X,.Q=BA-!V%G\U
M$>[!:V::V7T2!$+DWJ@$LTK(ND.TF7&S#"4B^(9P,/*^.(EL;]%!*]`H%`H%
M`H%`H*Q]\?S-\2'Z[GO^Q+<.@LXH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`
MH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%!5ER/KR$V9@XJ5MR
MK:.W44AR(X"'EA>5"*,E$\,]+MQ0@[FE%2'+$R_C1<\<,.OG;KYY6QMTY7M:
MX=V?B'@#^^4/><QE?/=`_$/`']\H>\YC*^>Z!^(>`/[Y0]YS&5\]T#\0\`?W
MRA[SF,KY[H'XAX`_OE#WG,97SW0/Q#P!_?*'O.8ROGN@?B'@#^^4/><QE?/=
M`_$/`']\H>\YC*^>Z!^(>`/[Y0]YS&5\]T#\0\`?WRA[SF,KY[H'XAX`_OE#
MWG,97SW0?[EL+`6-^C*<8?QO_"_1E);+M?HO:U[7Z+K73_&U^F@_S\0\`?WR
MA[SF,KY[H'XAX`_OE#WG,97SW0/Q#P!_?*'O.8ROGN@?B'@#^^4/><QE?/=`
M_$/`']\H>\YC*^>Z!^(>`/[Y0]YS&5\]T#\0\`?WRA[SF,KY[H'XAX`_OE#W
MG,97SW0/Q#P!_?*'O.8ROGN@?B'@#^^4/><QE?/=`_$/`']\H>\YC*^>Z!^(
M>`/[Y0]YS&5\]T%=NY,I1B^-J.)9-9<D,%WJ1;>9[FQTUL/)N+ZB"4MHKN"'
MD;$(I2D;-XE`Q1,<<A>IU,<L\;7O:^6-KA;G0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*",)8A*&
M)Y;A9G3E$<8S.T2:J772;6E=A-61&X47"A8V3*K)9$=Z4L)@"J6*'QP@S&`5
MAL`QA,;96QSRM<.=N[4XYNP%I3Z*\&?46@=VIQS=@+2GT5X,^HM`[M3CF[`6
ME/HKP9]1:!W:G'-V`M*?17@SZBT#NU..;L!:4^BO!GU%H'=J<<W8"TI]%>#/
MJ+0.[4XYNP%I3Z*\&?46@=VIQS=@+2GT5X,^HM`[M3CF[`6E/HKP9]1:!W:G
M'-V`M*?17@SZBT#NU..;L!Z4^BO!GU$H*Y>*#0#0][Z0,AQO/2?4AW.`Q,>X
M">877/KA#J^LCD$'<>?$!"(C*BLS39X4FBH*66)%`\A+X%BA<($.V(8>&-@L
M:[M3CF[`6E/HKP9]1:!W:G'-V`M*?17@SZBT#NU..;L!:4^BO!GU%H'=J<<W
M8"TI]%>#/J+0.[4XYNP%I3Z*\&?46@=VIQS=@+2GT5X,^HM`[M3CF[`6E/HK
MP9]1:!W:G'-V`M*?17@SZBT#NU..;L!:4^BO!GU%H'=J<<W8"TI]%>#/J+0.
M[4XYNP%I3Z*\&?46@=VIQS=@+2GT5X,^HM!NL>:.Z51$[TF08HU`U=C%^H%S
M>2$]X]@"*&6[D7(^2,)I[))<C<:::LIN1U..#%Q;@C8>,`%SPRZ<<LK7#J.@
M4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4%8O#Q^0=A?\W;K?O>V+H+.J!0*
M!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*
M!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*"L;AZQRQT
M(8>.5KXY8S?NM:^.5KVO:]MWMB^FU[7_`(VO:@LYH%`H%`H%`H%`H%`H%`H%
M`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%
M`H%`H%`H%`H%`H%`H*G.4AG)TH.?CAA]S+#[3V!*^^A-J2&EL"2Y#BA3=+:(
MZG;5.XLA*#JB]T-!VX)5G*V4\YF`$>##$%*!WSM>V/10;5W/VB_]-;$^G9O9
MZR-`[G[1?^FMB?3LWL]9&@=S]HO_`$UL3Z=F]GK(T#N?M%_Z:V)].S>SUD:!
MW/VB_P#36Q/IV;V>LC0.Y^T7_IK8GT[-[/61H'<_:+_TUL3Z=F]GK(T#N?M%
M_P"FMB?3LWL]9&@=S]HO_36Q/IV;V>LC0.Y^T7_IK8GT[-[/61H'<_:+_P!-
M;$^G9O9ZR-!AF_PM<>C32PD-J1U-K71`#*B=`1FYNKNVA)`)Q84C:RL&P4U*
MV(*$@C2LL*!@V:$QPMF8-#B"B7R$SRRN&9[G[1?^FMB?3LWL]9&@=S]HO_36
MQ/IV;V>LC0.Y^T7_`*:V)].S>SUD:!W/VB_]-;$^G9O9ZR-`[G[1?^FMB?3L
MWL]9&@=S]HO_`$UL3Z=F]GK(T#N?M%_Z:V)].S>SUD:!W/VB_P#36Q/IV;V>
MLC0.Y^T7_IK8GT[-[/61H'<_:+_TUL3Z=F]GK(T#N?M%_P"FMB?3LWL]9&@=
MS]HO_36Q/IV;V>LC0<MRUIQ">H.W?&&YH",S@UU&1-NGS'CX*N3:?:"4FZZ&
M9GIIM([OD-8:,KS`]VL;`"<S53CH8ER?C@ARF&6&>/1?I"]V@4"@4"@4"@4"
M@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4"@4%8_()_OIQ/?]BEOV5[CT%G%`H%`H%`H%`H%!%DK-&1GFF-Q,CF6%&'Q
MBSI+J+J<2(U6@ZUY5:Q=%7`<VVC`/I%<;<23)Y?,IXXIP4B9$P*EA0@\<<QK
M"8!3CJ-N[+32T!9W(UN#-SXDV/S1:3FM(<=,B$H]R,I2^5VE.0K&[P:`+&1&
MTX\2I))1+@K!4V:4`C`JAY0#B#<'$+(.N''RB0JQ6]/BY)$4[&QL>UMB9ESE
M)K0><>MXB[RT7/V3),BQO.A'2R#Y4BRF&86XF53ERWE`9S)*N7,!A">/PPH-
MLD?D*C5H)NS1IEL&2)<-:K(TK7DKZ$A,[Y,2'Q%$6EI:4(_<`ZJ[B*VS%%PM
MDZ'=*4%9.*I2EGB)8L8&ZN%A0C7/E:@EFP[%<E3"B.YG++KB>!Y6DQIH^+2<
MJK$+?GU2#06>NK2(GO$5SN9O'%0(R;O9NDEM3(H@%SQ\H5#Z;4$TH7()KRX]
M@6AKJDJ*\=<\@N>7F(RG41+(:LR5M_P4$HC26S#)A%<"DZ&HII&"$J6*&5Q*
M3$M6$2389`V9$Q#Q%#MZ@4"@4"@4"@4"@K'WQ_,WQ(?KN>_[$MPZ"SB@Y7VG
MV_B_41)C10D5`EEX*DP2'E%T<,N%(I>,QOYTO`-F.V03)%.9['3E-:$+DFBQ
MU,X./XOQ809:_6O;IM0<V=Z6P>QSR=^[PV6^IE`[TM@]CGD[]WALM]3*!WI;
M!['/)W[O#9;ZF4#O2V#V.>3OW>&RWU,H'>EL'L<\G?N\-EOJ90.]+8/8YY._
M=X;+?4R@=Z6P>QSR=^[PV6^IE`[TM@]CGD[]WALM]3*!WI;!['/)W[O#9;ZF
M4#O2V#V.>3OW>&RWU,H'>EL'L<\G?N\-EOJ90.]+8/8YY._=X;+?4R@=Z6P>
MQSR=^[PV6^IE`[TM@]CGD[]WALM]3*!WI;!['/)W[O#9;ZF4#O2V#V.>3OW>
M&RWU,H.BM6]R8MVURE0BP6U,;'<T*NI"9LDL:<XB>L+OMMK3F:*0^V_8TTWT
MFI:OD26&HO%#A<?$.X8@0V-[7_C0=8T"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4"@4"@4"@4"@4"@4%8_()_OIQ/?\`8I;]E>X]!9Q0*!0*!0*!0*!0><WB
M;S*F<"`Q<L=S+C8DS!LL(=*@&L@\K%QC),$V0%-@!"WMEF'B.#EGC:^-L\+W
MZU@JD2>,$TF<:ACCGRGT8PG9KYU7*S!]EY0%9`*'M@!-A!B([/L]Q$LR8P<(
MXA#`?$V%C8C?&]PKC6N)D'MW$XT%7:URSJNI^Q"A%!39C55BZNS&FID7(CO$
M.$(Q?C]D!D/!E'UQS%\FF:#4I-6"JF2'"4\#Q/(O8(8H.!<<4/9(/&0@2[,S
MQFB1I,+7=;KC:;XA.NV.XV28WDMSQ?-T7&8W'C26WDDN`ZE2\Q8T-GQUYJEE
M9'N:257$KU#/B2V09D,/&_'!+40.^.7A&FYSB:IK""(7U]V(3R\)L@^GS*V=
M?\%Q+C)Y,2RHN'34&2<0:3F/(YU2`%7BAXIF#GD2Q,%2XP83-KIIE(.N,EO7
M-N;..A;UF6I*E"765KJI1ZU@%9BNZ8G,N/EZ-X2:0#N3E=$5%GV[5=72$,=/
M`.$#!P,(11,E"P1>@[\H%`H%`H%`H%`H*Q]\?S-\2'Z[GO\`L2W#H+.*"L?>
M_P#,_P`1_P"NI^?L0W"H+.*!0*!0*!0*!0*!0*!0*!0*!05C:>?GUY=_^<]4
M/V.P;06<T"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@Y[V.
MVMUWU$:K3?>R\KM:&F.]9"0HL0GD]3!A.:WTX<J<N*J(E+*]B6&3&V5.DFX<
MR\N412I`*X5L1!L+YX6R#C?>E<17-+G$6X6VL);@0%KD'+*2.N(B@454=63C
M>DVXHQ0^F*9`8<D?)&@<[9ABA9YAYXWM>U[VH+3*!0*#G#;W8Q!U'UEFO9!Q
MI8Z\1B5B*KE)MPJ/B5,NEQY7"3&@TRYO/`3`F.ZG8H$D[`;+'/$'(S;.^.5L
M>BX5]<A3RW+UJULPG=N;1&4%UX/_`$PBXXST"*8E5&7@LS/LY'$53"X@C+T9
MCB<XH6:%)@H#>+6.AAIX:65%,^6C"F<Q`_F8M@]A]0MNH)8[SD68-HXO=VNN
M[LNK;`9,2PT6D58O#[@U;%90XAI)(1LAV.LU(D%RA9">7I)-2!&*!9`#*%@[
MC!.3HY5M3&TW(]>H2VYG(S'XT]<WV876ZF(YDZRV9M2,E!PXXW,QS[@3I(/D
ME$LME3JK@AHRP.@)HMCB@&7+=(M!KW)?/\I0`JZ)7CZ55N+F[-V[#.@663B&
MPVJ_U(Y';FB*9GH9R0TU>9+V4"3B!<3`3L`3!4L-C@7%'L(#ETXB!!%>HO(0
MZG6:VY(/$XYMA6##NVK)UR@1_-.,`V5,3[,/&/&NYG,4F6,!0VHG1BAQB\5)
M2)6>RR0:3>6$4E8Z$'U<<!S82L#RR0$LMV*U]BQAL9)8\Q1#L-,C.;[&CYMG
ME;-$U7D-)C"<F\I'59^(K7)NEH.M7###PLHB)ZF':V1(V8N,6Q'"-HSY`\G/
MN!(I-%=3NER$I4T[T!GS56'&JU&63D-7-;)N78G!V.)ODU7-HKIY"*L5D(BV
MO#+BE<JW28`V=\P?&8`B!9%+L[-*&P([*KY!=67G+SV*QQ%L=-P)),NY[O<9
MMN!YG45-^45=+;I(%`9S25552/'%`L0)D4X;/(:^7BL!`K=FOD.'D,GJ6V]=
MD66TZT][H2-J/-AA+2(V1Y=A%U1!%4X.V0(Z$2I!<1EMI$DEG-&A00,Y8)61
MQV]8P;)&1KF4[,<-AW+DG=[55JZD.&%G$=VP=3745PAL9$ZDRV&UG3M#';%B
MQSNU_N&,<&V@E/HGL,&70KJ:`CDC11NK!T*Z=F`%8<+*P;JQ][HJ<YIT[+HT
MYC/'4QS0#JX]HJ3BB6RT\H*^IUEB98LQ1,%$^DH+G(NM0=#+2D8PEKJH7#0E
M6QW`]Y-8,3R8,ZP>3>#)'=#%9;=94PB.1^2_-^OY($5OL^Z$GS3!4:"3"KL`
M=Y`/P9FK)I^QH%DKM111SZDCK18,6UC8(I<R$"$NZS[J11MDV(A>42([X--F
M98?.S2BJRPGMPJ"V&V5=?T,`0WR$G.I5,H3Q4UTN="`(!X&>C)+/8"B!"E10
M[!R'.&T<VZ9;J8)\XNITR3J;M<Q\FGJ8GMABLXLM1]N*VPE)3OK8L+",U0E)
M?.;!-K#$RPE)6.6`!44E1(';"=8J9N'02)/#MUV:<?Q%-JV_]JMK5.*GM-[Q
M;<2LZ.B*\`R6<HHA9W*2,A%S,;-S)M-M;=9!"10\L\UUQG,ND$`7.QBQ8(.?
M7*#%TC-ESM365-G%X.5SZF-#9M@S<QHR0%>-&A&TSMF6!(QE=P'7RIEPRZ6C
M.J*3Q%63S:.:.DCV-@AB6>&!JX`3AQ\[2*&RVNL!K:J`Y7HZ3.M&OSME69RJ
M<U"<:+TO/*,V\N/QIHQM)5RXQMX(2V9%$62A!*Q34@<>Q3,8,S@(6"#O>@4"
M@K'WQ_,WQ(?KN>_[$MPZ"SB@K'WP_,_Q'_KJ?G[$-PJ"SB@4"@4"@4"@4"@4
M"@4"@4"@4%!S*U..;$<B7*FN%=J-O-?\6[+>K"1FA:XRL@Q^W%_(?2N$3UEE
MPIRNPW:*>70K"^(L/@,%CY,&'A?#IQZUPZK[L=6]I+RC>DHR_N8H'=CJWM)>
M4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N
M8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%`[L=6]
MI+RC>DHR_N8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&
M7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N8H'=C
MJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>
MDHR_N8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%`
M[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>
M4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N
M8H'=CJWM)>4;TE&7]S%`[L=6]I+RC>DHR_N8H'=CJWM)>4;TE&7]S%!3QS;<
M'VSVTFI[$B+6;9O;O95_*VQ#`/JK5VHV&91Z'6:S2+5D+!:DE;""C]LJ-C;=
M-&BI<'R&YX]EB>SP!)CY9?X0B;3WAC?W$L[^+M+D#<V6YX6WIO[B64H<3E0X
MD:KQ\IC:<[?J!E:8+#7+*2Z:>.-R]R^2[<=*Q-%1A<<TW#++'+$/V34"@4'*
MV[VM8&X&IL[:W9K(3;/2FQ3B2VW(8!S,E&Z]DHV3<K#<!XJ%CD*;3T1Z(I`T
M8"PMUQ0`LL,;VO>UZ"/-GM=G/O9JXWXI=2X;@!?.OV#Y)>(.;9*OLVCNV"):
M94O%VXDB9.!#3%)OJ#W8!<"ZCAF+B=2!,LP;!""XYAAEYKU(5I@GB-)VPE$N
MV%*.==MBX!";N##LL)JOAL=G&)A?=PIL5W$#I,=MFXH3LB)+&X@>88QC`87.
M^8>80<SP;QDOW6]8BP6&]Q'HT&NEZ^ZZZ]S\U`XJ9:GA-:9K`SOLZCF0VFM*
MZD>4H.DI7CZV",OG$ZZD34"@``A<J2-EP#(8=/;=ZHK^SBUK"OH,K%HO4-8=
MAD78Y`\?'X;Z+NEU(#$?\?$$):"%=S6S*MS-(D<^*-B7SQ-9F`P+XC8889X"
M!R\XN+=4<+\EF<QMF7$#L!.,SZV23*"_C&R#:'';'VK:*\4".8%6H4+.$GFN
MQYD$^SZD<&4G`>4S*Z"1,B#YE2(!"P>&(>*M2B$6,+D-D3KA`B>-]\8R;82Q
M$2`3R'1MZI>0IC<!Q1^0'4D%,CT>+[=+@D,2X!<N;`$'MF&%;('$`(Z2.&/!
MMJ<1/MK[-*S:FW7;7?3/7^`IG1XH2R[ICY/U"N^T@VIG2N3W$(NQO[#Q_):P
MWGTVS5L4<^3S*C`8`&B1<7`+$MD=7K[`9Z^N\H_1X]F?627$N9XMD),;@*VB
M8N,1F.J-7TVW.R#RR5$6V%(<>OM833A()5*'BUQP#!<[@.6PSR"``..1.3'+
M![R0I6$3G-'&Z<F[UR2H#L,N="E^7Y5CA_Q.NIODN+I*8L=H)#%D`0DF``9'
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M3ODX2#%Z>Y+8*YZ-(\3BF`19&8(,@JSB<@!/##'$%3<Y[JVL'?#'$,?MQJJ?
MVC,:U#E9)QCO'7'9V-]GB0>+-#=EW>X(R)N,BD-11S&<B#\EM]1!=!BYH0&V
M9J^6`5P\P[8YVS#Y2]JDIO+8N.]K(KE(6)IF9<1R!`2Z;/LPG(31?42/]=;;
MSLDJ[9-KC;,$',RGXTB:HAJ9<];`'QQPL:+'"YJ^(80#%O&,UH0,/9,BR3SJ
M&Q'%H?&^BK>:RLS2JTH-I!C13F%>3I..N,!Q)%W"[5]P3>M&U,MY&4)C9^)L
M%8#JB7%#8=$./:^@_CVO&TS'5B&5>,HL0G!#AAB$D9M_;5'[4(LMU3^SC!1R
M&K,9<FI(1B)MV(A8N*DGETN*J`X@'#IX0P%DE`H%!6/OC^9OB0_7<]_V);AT
M%G%!6/OA^9_B/_74_/V(;A4%G%`H%`H,6IK:*B?)_P`LJZ6D?*ZH41$KY3/E
M"'RFM'_&>0I"?Y4*%Y:J'?%9>)+A]843JWZN-^B]!E*#3I`D1@Q.SUV0I0>K
M4CMAM<G=0<;S>[@2FNUT(EXS`&QE675HT232`68PN(>-Q!,>L)GCC;IRRM:X
M;<&(&,&&*%GB($+AB('GC?IQS#SQMEAGC?\`]XY8WZ;4']T&K-M\,UXFW80:
M;I;[D.L-T#,E[%$-6)*9AIO`LCHS@,-=Q`DQALTA>`0W$0.9E1[8#8EC@(E\
M>J)C>X;30:4[I(CU@'&@GOE\--GJ$@NDDR&&0<K@2D0Z]'DH@CF"+5:I11-%
MS"^X#18J*+@4*XBCW""SSZO5QRO8-UH%`H%!6-IY^?7EW_YSU0_8[!M!9S0*
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M<_'K`>5^+B,9P+-!%,)@"'9V14>E$50MEY>F!8A9G[J98J"=QMCB&V!\BK^7
M2.NHS>84=M90V*(J"RTB4U.I2BTL;.1XNPXS9<B,F=5@A31N9"KJ>3H^0TXH
M4/&%(HV\!`2A@`P,:*A_4+[\R^\W%KL5?K0B\JV=@U]RDDU8CDTMNDXU0TMT
M.5G(2*\T(=?!=:#DYE!EJ0Q9R%TI4;H!K'%,4<TT2Y<X<"!GG/,WH?(Z\VP7
MEET,Z"6SMM`;-<KH5'/@Y8X;:&]-2TY=`@59CLV6R*M;&>I16+72'>.;+`)3
MB*A)]A+#GBA0T&!DSE!D-\P`]#"/C%,7_:U%$XYQO(Z?(ZP*MQ`_6'K^[7RL
M0K*91(&3S4>[*)3H3/$)1(0^5/"8IZB/FF@BD`BYT)>:_(O)ZO:R&TTJ%U`!
MM2'!\%+F#YD)1REI&=,A37$40DWX[6*BXC&S#.?S/D09WHA\01,"-%@"P8.9
MT,Z(9)!K;;Y+I]<!R-FR81=96VO2B:8I!-<JZX'L79;7S753;YE+9];Q$/ES
MJB7%=NL10X1!P'*=0FOW)""B#%PSAD/0TN0B9%\--=T@1ZD8'@Y.C<9&@9FK
M3N1)/1T]T\:#IVF&;XE@%,H7E49TRBCJ+?1`E),*D#`EPQ+EOE`D'B&'C=_*
M+-24WU!9;+$A5;3"L:NV74E\9K3O^ACM0&[JICLL98Z!B`)Y99]-HZGCM]8S
M$&R"+AJ:8?\`$!BB#)>`==2S)KB4ML848SV=ZI%NL+KUAE&2BSL1WD88)5X3
M@GNN-R"8T%B1$P^E&R&+1C1?4ED@F@G"^"QEF8-"8CA)66(8<50KR&[,H$>H
M(LR)$>C)+=1->BZY(3T*KC>>IEL;.;4S'`</3I)2(1R1FXRV@3C"/45YK]Q,
M"5A_E[$.UTP*_C<`UZ%>1J76Q&"PU+'HIDEW14P-B)3=*Y)LHJI%R22W4!R[
M5J3:6XB+C&%E??3/9B[$Z6W%#"UA\B1`4<48\7S)E@E`+6&U/ZH/K\\WJIK\
M*.B:H^BD627:R&F^04-IM\9QM95?,:)SK57"</JC'1G$W`BU\U93P"+"!X#G
M`\;%\>C`.*VOR8N!56V.@+;=9#;4GJZ8#;A1)>%U)DNH(:3IUV(A&2"N+>S<
M3I2U8>)U*(4H<=015=:03ORKU@#XA8P1,BAHB)R43\4935DA]MW7(DT%36S7
M39)T"(*R^;C-)K['R6/%)<124E@V522;=AI1OBMNE9.9E2>"05,8W\DMC<T&
M&<-\E,TM1=3<73'$,NU(36_&9]?2(8>R\_%U\*4E,+:YU(^$2K=BI5"6`E(S
MKNF7(A6".V-XN'(N$8%N7!-'`B".N1^0PY%D()'=\*R"9FIZ1NX8G'=$KJ3<
M@Q$+YZT:UO,_";/="F:63*;(;V-/I<.IY8L7,#'C*.>,!)(@OE)8N'3[$WPF
M%5>D6$7<TXLQ8\LSO+T3)2LQ#2XYG&U2L9[!+,"H8SV;`Z^2<A0H_P`ZABF0
MW`E)JPC(1\8L25\"98P&J4%LE`H%`H%`H*Q^03_?3B>_[%+?LKW'H+.*!0*!
M0*!0*!0*"J'E*V>G[4%(@2<H@.X+$<,9_K3SVMC(5MHRV==^K;';)MP3,NLP
MZ(GY.-+?L:M+$=R$\"IO``Z`DCEA`\[BXWL&L[*;HRGCO+QWP?`+Q;Y>!9CE
M%?;L]OA+2D%SG78,MZQ2IL'%;'9"PKDE5,22WT=C@%96SA</,SFFKR58N*%Y
M1GG0>#8WE#CAQ0)M4EZX/1SM>8FOH[LQM/`,HA-]B.YE.@A!C<-B#+29AFHO
M(DF'"B\;2S&*.[$M(/*:.?L;)@#A!CYEP]#*W9=$=[%3->=Y(4%&%6KH?Q^2
M^WVJ3:*`(K!S7LA)DYQ4>1VN(@HY-PN5=E=VM9NIZ:GFC`@`2D:M@#X@(3.^
M(3@YN3J"64MJ;)=K'F]'E1O[!Q'K6Z(E"9",NO=NOV>V^8<L,+1K)MNU7:RG
M'<CIQ(QBGKB<IG2F)HJ9+&/$&"IH($-<=G(6W,(89NUC53'8B1BU=JTK4O92
M,I)14E$>T:N);GHCK(M*QK)%47$G!K<92VN)ALQD14U%(5&T,9$!SS&R*BAA
M9]0*!0*!0*!0*!05C[X_F;XD/UW/?]B6X=!9Q05C[X?F?XC_`-=3\_8AN%06
M<4"@4"@HNY1&3,^W9AUQYK2VEIUOS29.;&P48K[;>[6;Z:V]\&\>2)*@Q%>)
M%:7$DPKI:)'J08+*Q#'$P&*ER$&)</QP0-\0R*ER2XRJL\?\L1-+R*Q-?]Q]
M)]Q):6"BWBPA,VW*D3M2"EYFI0+B<:8/DGOR/U9[.0@K)(@@Y4P*E"6%*7L4
M%RN%2,V;$R5L!J7M1(\M[`FW,+*O_P!;S62>C<=^51^EQP?E>4RVQ6$K.)KM
ME-12Q\F/BN-`H8.6)G/&E1[8EAL[%PBI<$+&'EO'L9!TY35KXYIA+/-FDMG>
M-N.`)O461';>5=>8XW1;K_\`I>.9*(**`SQ4(%YQVGH3647`5/BIYYW`W4#"
ME@6#L('Q.[-[J.38AAZI)&S(+(2%/?K9S51$V`(Q5$3E=,FQDV-"L]J68N8I
M:\B",7.2H9DXZ(T54TFI@"4JB)(GE!+`SY0%B&Q+6[$NL=H;BX+TU+CGE&-N
M1=RZHZRQ=&C.A%NR#L4\5[6R"'=&T.&%)S,]R-YOIR*['PK+[G<XQ',RD-A-
M,&S0V!,CD%F&L.':S;IMJ^6KBIO+K$WMF8JUNB*9!IHDK!G,F)-A)-6IAE)M
M3JV4!BI,9.`Z](VBD5CDV:(F-M2;SL3S:J6-G!A3HX`>(1M.NS9_8:1]=W`^
M912V:H0CSY-;7/#7LV&RTKZ.-F-$62T%C.A?S6$T*0[NJ2TL<L\"AS`\$G#H
MZZ6*A%,L<?'YA^FJ@4"@4%8VGGY]>7?_`)SU0_8[!M!9S0*!0*"!]DYX2=:X
MG/RTNM]1<J2GNZ,6>.FI2BC)1K$W*DF-**T0^*>7SB>DEDQ-<#S*#'A!1L/$
MDL!1,;9Y86#S".(HW<@Z2TY7%47"0CU71IG<\"Y);J7FV.3<+^:AUFIBADQ7
M*@*ZLWGFV1%>0D5-LH%#'4++9_!)-XEE7$0EB'H<NV<)H;]8[+P/(2TW7L#*
M)UP2`35$.S39QZ-49KK0P;@N.)B8/YN<FZ0K$#);$8$7+#HMG>X@=L@VIS[4
M:V1ZN!M):E)FISF,/!B,KZ,)P_EJW9RR4ZLV*T@C"4E`&#010\ZBHJ>,<SPL
M5)FRP@)@0,4/+"P>-K;`PN_4!.5FV.W5'*3<EHU'R(;%2":C*R8G'%-.37`3
M+F<;A!)#R.-XU=&,'\@\3Y<'$7&^/^+$,-A3M@(*/10U)Z'>;91(\>::`M(;
ME7\RR2*+<5..J!TH."/;RP)81""6=S40.C(4B$1-9C=0,N+G@&@I6TK*?$I2
M0PV6UAY"08+;Z4Z9`>S>.I"Q='6'&PB,C,<NSFT'XY4>V#K9ZO>Y4^DYBWQ-
M9V`OA?$6PM!!35Y&806V9"LQ'FZE($,RXX[H33FC%[QPMLM!)G8<E*7U416/
M("N=44)?;8<5&T1R(HH()Y)6#`6`MA`;9C8AU,O[+ZQ-OZ57<<RQ*D!-LBBJ
M;M,*3I;X!0D075)O):,;/&Q3%BID(TK.](+XWQS$Z@ZL2PRZN1LO80/-AL=J
MX=P.EPY4BLY>R:COLRGAJJ09-G4U<%L$FN<LF86S-JV.9D#Q8A@`,;,L+AU!
MKAYX]%@WA?E"&6NKM-,<;Q8J,M219*Q:)914$LN==0>9LDFH.9#QE[9FBXZH
MO%B9'/*_4%.GP2P-[CF`P\PYED69M)Y08Y&6,I%C:1TO7]S)\IM<-HOT@&7&
M>PD=/<PU0;!I*B&3<9=PLM46\BP)G`TG9A!FC-\>DD*(`$B@[>Z[)\8PG*\I
MR"Q(?+SC'#6D]G)<D.=O(ZG9(7$AJ*9CH-F#6)4R&UA'R0!/G`<[E2MS6.>8
MF`>=LJ#=`IWURNL"M4*3(OQ62SV3&#DBV6T,,Q=^O-6="6EMPN7N)CB86W&X
MV<M$L,`NMD84TH\6Z;F2I@/`-A;THPY)1_Z*-IW,QZ&PT_-9LD)QHBL@XDDL
M5)Q&,8888C%/&)F2V0SSPM?QH&!TL)ECC@.#EF'#A;DLAI4U_E;9`\PE0C&C
M0?.44EU!?7H_2\5YSX.(1GKS5D,=9729"%51GJ86?TA!>(J:31RF6.9@Q;*X
M@08;"_N0N"(H!<RO(C16T%IQX8-Q\YG2GAM1P$4R61=<2VURA#R'@EJPGRZ;
M/Q1B#F"?*9W2CROD"3P$OEEB)8)/2MF(*;30G&6I"2PHE4(LD!KPM.H:J4!7
M%!*=0J<R3,?(&1YM!JF"\BJB+,2,.G9`8^("LL9]?`+/RB]@G9O2-#CE=*JQ
M&RZV,K.YEI@PRBV4LZE#JR(C%U/)'/B@D`K^-Q3$Y>3[D3F0%L@BB@!<L-U!
M\/%V#FR-]Z]9I1D5*8#=<;<!17S'#"=T7O%7-)Z*DRD!(+NF=GY-!O(RN$17
M`U-,4(7/YB`F@`L#>!P"P%A,\KXT$[$):83M:[G7(3P;DSJS)6T=KGFRQUUK
M@G$Y:,!(1LD24#JD;*$4((HUW`56`LQLL?'(X@9@IB-@,!XP.:HBWJ@EYQJT
M),DE%1-=&A(2PI6BK[4'/'@)E^+K9<[D;CGP04Y`6%(;!;;"LA7,#]./6L5.
M@CXYWZ1[`ATB%.^O`EB)XG)<:G+X'$0!.,)BRCJ`H([V;*.ZT,P6R(9F!2Y5
MQ-%QD#X9FW5`&(G0!;Y^+%POD&&9^W&MKY0F`XT&8&;9*E(56!8`JTI6;9AR
MBHQAREC89(DX,$TX$*+=FJN9?`;`/,T$FF<P;9X@"WP"5F%)3`E%+4%J.W@W
MWDF)"XH-E8--]2+J%D=Q)>)<4^A*P0.=QTQ6+%S@`URX^(8MRY@$:V-PA0\\
M@W>@4"@4%9'('CEE.G$];'&^5[<B=\NC&U[WZN&E.Y&6671;_P!8XVO>]_\`
MU:U!9O0*!0*!0*!0*!001*<)X2D^XJ<JJM)GT7C[[0@'"QE5J@+Y%_I<B,A2
M8JHD*)XRK%<$X@$F*@N5\+%3&(][]02UP[WQN'"T8<4$>0HB:+-:,I4=Y9N:
M-2U(DL-VSV307RY)),ON+WY"A!LO!SF59+,ET!@1,^`T%#Q`"N(43T1,!O?(
M$M<+,/4T>-9W-36"8]-Q-N9#<6OKQ@Z7=>X?;*['S(S<$.QU*J.M-<D26'<G
MW(*DMFXL:"Q\EMD12L4L"7"QS/8GQL<!`P_B3>+1MRR-)1ASS4ZTXV^==]/8
M8;ZFUFLBI2M'KXTAEES3G"LT()E1/+94^MEY.<=CAY)-@"$#)0F$6Z<<<ALQ
M`V9^<;Z7(TG`3>X99-ARV>V-U1GIVN%,8Y(JAKB5I^E.<E&<6IK=&<1L=#;Q
MI3?2ZHGCN9XZ?S-*HF(>08(8(08?0SQLMA<@68]?79*2ZLM.;-W<MSW4;)-A
M*23N!@SLTS]G5&*B^`A]3!NVSKB:`:5Y??\`UV"</E?^(UK9T%E]`H%`H%`H
M%`H%!63OCCE?9GB1SMCE?#'?!ZXY9VM?JXY9Z([C7PQOE_XM?*V%^BW_`+Z+
M_P#XH+-J"L??#\S_`!'_`*ZGY^Q#<*@LXH%!H+QE>+H\,D23_DE@L8XI@BF$
MTH\7BW6R94"X&74&'(@+2B2%-@@Y_P`,L@[98XW_`(7O0;N5-%CQ8N=)&`#A
M,X`":*&RHP9@L:+&`\10#!<<++,(<`<+.V6&>-[XY8WM>U[VO0:VFL-C(QET
MG4AF-1*./DSD=>QM-;J01,O`YF7R*9FW2.5)A"N`SF4RN%<0W<;.X=[X]/1_
M"@B],B[5X\9^RU'CJ!#9R)UA(D"T=)C1CPP9C5?=Q99`07O]$2J?F*S5ASE"
M*A@44O)RPQT,$Q8,3/'`7H#[+\;ZSDS;*8[I84%%3S@0E>.8Y:"^UF``;6VT
MF%;N]>8C*;ZB1Q&4D)/)(EU0VED0<RX01/RD0*V(77Q#:Q(8AX4)T`"Q1&H@
M#X1R3=>@(C%:^83O;Z:7L43D)T!Y)=\%]'3REK!`%3=A@`@[=7'&UOX4'W!B
M*)RX;-!+QA'@`,=#F#4?!`LIMA!L0R;SN*:,LW#!-QQ;`YD2_6$S(V`RSR_C
M>][T&&5(`@=<%.#K4)Q&KCJ*Z=="@,J1NS5`4\YE(K8BHN(X(;1A<S2Z?)6\
M2,;SOD8%"_P99WQ_A0?!2AG7XF%'F:Q%$.E08S<.1Z)\U)BLH$./W6OG^OF<
MCO(TEXXM1PK:F/TW$3?$&3(^?3TY9WH/2IQ!!*Q(.3R68OB14E4T`D*N;J4V
M2SCL@F2S4$N40%+)<-)@KC&`;0I[Q1,:XM\2>0W5#OA?/HN&5,S!$I-UXL,Y
M*,=%'QF;+)^#,,O9M`.O,^=MC<F2Q;HJGBKY&S=L[>*#L#UQ.FW5M>@WDDHI
MZEB8S3CQ,_@4.&DXUF2,@FL2R@1%R`.D3%P,\[`G"8^-\!0LNC,/.U[96M>@
M]E`H*QM//SZ\N_\`SGJA^QV#:"SF@4"@4$!;,P.2V3B0_$RBYCC2)'WC%CS$
M6""0EK@_E<42@SY71D\1-6L!4TRG*JZRBI<[@)AE?,D(+AA?#/+$3`.-%KC$
M05(RX#:;.;X;>+ZF(6<GZWD1HL$DPCS\)KVO2VV#K.9)5'+I3%P0[ZY)N)C(
M&YD=7-+2NH'1!5$V&;`#PJO%BTCA]LKJ--L@LIP,.4G;-D=F&:F(R8WV!*CF
M2F\1$=C29)W-3:J&`I'T(4^NH94L"V%TVIGLQ$P&YD6^02(C\?"$CJ+G.`2J
ML]0[/:!/K*,`Q[&99SLY7!F[[?WBS%%\!MV[J?K&<C\.'L2)16,BBHQ`U@$&
M*,(6+CX!C(UT-^S@MK<>*NLWDNZ@,XQ&D6F&]F&V59]QXC672C5:;\=I/'$X
M=::\A'TP)PHJD45T_P"544%23L2IJWCLPVIKZ*I;9B/6!E)DAJR0^]:%YYO%
M(>95*)*R*XG++#8D1MRT76F@K9W)'&^OXRFK&$\&XN`R:8#*96S$"#&`,!O\
M":AMS7)`D%IQR^'63;KJ8T2,!H@F04D=5CA&AJ%6["+3,I2KF4R^6U3Y":Q0
MZ**=!SQN>QRO;"P65@\0A0'C?:&+R<DD6D$RDOU\N4)VR`I,]AM5GMU\.@#7
MZ<M>\WTO,Q*Z4.\FKS?GM1.+2\!B"851DI)+YX8%"5@1`TX'B[3L3I`V=V$?
MBI@AM-HLIO!GF<QLA4IMLU_:R24E)7E()`'(<D`YM9RE@P[8AVP*K)O'+Q@^
M(9B@VMT<;#0=(,R)2A(IDVWI0D=QR4WPST=,0-\1FL/EYJLG.X-LS$W"38EJ
MPQ"3U2ZZUSH:P54&R8`!"#&,@!!!X!*\SZ=CS`X(86#$V/M*(P[E&1\%(.H[
M4<F#J=$3RU&DM-MY+)X\F%C`+C43\=W3U(4*U@QB:B-<#`J+;KY!!*;QAHZ!
M]F:BW)X?26YXE9T8L5HK(K8:9XD*@,".]A8J50'`@B`A$E85WLW9!8Z^>.0&
M2>H$B9@OT86-`&@RTCZ1.1SWU5AY/<(AV%(QU-GC5R5W<IEF]FZW$TI%9<*L
M(D5)HGB2Y$HJ.-`8*A<<\7"R`3S&0?\`IA@Q,L<`TY_\>+@!3Y:`;3]=4BJ<
M]8LAABK2RN($=+T!(#$FF4YUB^8F<Z45LJJRZ7Y`SH?X0"*2OB5#/A)Q*XV8
M>>!H4P'7,=ZFM&,I\<DYM9<44>[@8*5'8['0RV*&VE)&0$EC(S9//,J3-W(/
M5RLLBRLRZ*L&2@:R4(*ILB,;,D\"0!0(S9NDZTR7K,TEI4T]1_SVJ,PO*2N'
M$S)+HSX9C+05]O%B3O:.(V;=7Y#44]>L"8<^0(0F10@3)^1^1A9@"AJ3LXN]
M?G@@J,>GS[J*P^>%`<0$<$1DP,)+D@AK"4U!17ZG.`8B.H!F$&&$\O8H2SPS
M+X+@&"AEUKV\3<)<4-.455B6;6`=D%QX/*?9/1YG?4H$DI"!4;2,U_LU+-)1
M26R:+'T(LAH"+$*`0Q3Q;#XCEB@GC!+B#9YT'VA739GPQ(1)_$W6XG,(U"VP
MJ7&R>L@)X0S/0=H9C09XEI'4%<F&&;=@0L@MLI\D"&<0\TU-"\GR\H$RR,9!
M"27QIM0BD)3;.S`^%ANI:;!K;P)FD5L%#YAHP),DORXU$,952R9$;$PH6F$V
ME'#P>.!FX!(`P%<(S<3/(.EM6-;@-8XU#CT!Y6?9DL$DIH#N-,"/V,MJ"*UD
M!/:K3LZPX_0T`F['.1;Z47".JQK'QYT3#IPP+@V#`#"*8ZT1;D?-+6]FXR0Y
MUM,UU.3H8(C&D=!)G'@7G5->*8LEE84F#CBE9H(3U,Y%!2>.&65PP["VRMU^
ML$1-#B]0&TG-,D?G)[+AUFN&%EYMN<!M-IJO%J"P9&+2B-JCLAU-/Y(6&XIK
M#):`91:OF*<35DN?/%CA$<H/@7!#VE^+U@VSNE*<I.I<9"O$2]"KM;:NS(T/
M+!IJ?+TQ*T?*C'?!EKBN.+WBQDV;E9/&4TK/$17``*BBXA&`Q!10[*UTA4Q`
M\<EV6HNPF^UP0_DI+KQ*1VP(PS<9[!/3D4LIJ3:CA%1$#-:$1T8K@;-W#R%,
MC87OCXH"P!8`)XH%`H%!SOLGJ?KYMZT6ZQ=BXX(R2V&B\";_`&P1-+3G;QI`
M>1!&7&Z4<*4L-!;;ZV24`D-RGRO3@8MCD":$QRM>UZ#D+N8.-CL\'_/EL5][
M=`[F#C8[/!_SY;%?>W0.Y@XV.SP?\^6Q7WMT#N8.-CL\'_/EL5][=`[F#C8[
M/!_SY;%?>W0.Y@XV.SP?\^6Q7WMT#N8.-CL\'_/EL5][=`[F#C8[/!_SY;%?
M>W0.Y@XV.SP?\^6Q7WMT#N8.-CL\'_/EL5][=`[F#C9[/!_SY;%?>W0<#\9?
M%OHW-FGC/D64H@7WD]%&6-JD$XOJDX[!V.#H[%VPFYAM%/R\FE4`+Q"$T&R0
M(`_X>MXDMAUKY9=.5P[X[F#C8[/!_P`^6Q7WMT#N8.-CL\'_`#Y;%?>W0.Y@
MXV.SP?\`/EL5][=`[F#C8[/!_P`^6Q7WMT#N8.-CL\'_`#Y;%?>W0.Y@XV.S
MP?\`/EL5][=`[F#C8[/!_P`^6Q7WMT#N8.-CL\'_`#Y;%?>W0.Y@XV.SP?\`
M/EL5][=`[F#C8[/!_P`^6Q7WMT#N8.-CL\'_`#Y;%?>W0.Y@XV.SP?\`/EL5
M][=!OL4<5FA$)2>R9FC:`BZ-)D;J"FJL5T*DC2Z\!FNJ++>6&FIJ24G/-_N%
M'`/FVVX#I*XWD]Q+`&A,<;VZU!8105C[X?F?XC_UU/S]B&X5!9Q0*"EGD:3%
M!3Y!^'(!`:;!>;D,2-O*52T"1E`9';"F$+I<_;G2BFK$FH]5`L4N!:^>6(::
M9L)EC:V6-K?XK!Q`\7Q/G$/J<8@)@S]'+T?NM4%*6T;JCE+C[`NT$(K-VXS@
M$3FN94Y`<GE#;UN1D(^J,ICH;>$^EHQE,%-YY%2H`)6@VC=38?=-<ACEJ=C5
MVN*QHQ-1YN;L-,=#CR)VB2=2FU9%B[4*12YQ2DY95EXXF&T#[7UDG<P3)@BG
M"9KQGC"XF`.0(3M+F]$GZ]SWMLSUUZ1^:9C4<G%%&:=.:FQFPB9QBA[=/N4X
MYD"6I47$TV41G,G(1A"!%2,S=B*(E*"AA84+R/RBP@2TJS//[;V/T;B12GF$
M9F(2IL3NI'!Y_M^*405QIS:9VM$B2M$I<^J$W!=!39/9-B)4BZ!4`LGD%P/K
MA^((=88"@X8BKD8W3;L#:U;$S3/T&J;)VGX^]BYT7E90@T^D-75F4X-(1SFT
MY(5"K(=:B[9&CIZ*\@XHZPB7N"<LNYIX2:*'8<4"@E%1WRV\"?:[$*9(#;0E
M9M<JNLVH>:R_6#'CE?V4-3_JPRYF5"CK2XX=!1@D'TVW<OF\"@Y'K6#+8!%#
M6`A@$P,*&/B;9S9F3=I]#69(FQ!TJ0;&UG+%`,DY-QL,AHMV<PM07:I,6-G,
M\D#-//`);D46L)D`;*)HX!(,Z**:*@`"^)\0%A*H]'`[N7%OQ`NB"7CZ'M!A
M9T922);H3U&597GI6B]P.K(/K6Q-K3%8D>AIY03+&]R9=UG+8]'E5^D*[YXE
MM[QWMU#/*MFW7\1UU1IC%TED%]CNMAY0[GH]+B^@QPW9<^0RSU'=18VD;JDD
MMRY+0B'A@,R3EKY&/)@@Q,@Q.TVL+QW!WXY6=;&$GPZFGIIX[M"&4I21)I96
M/GHG$7))W4*%Y/8K=0D`T8<L@L\("R@D6%5D+R=5(D!?*^J'T8A8"P%)S1%R
M@H6O:2X5MS,F0N.(A)4@G%H;`T?4I5@.8V;$K<DQ;%M?'#%W22RY$,%%4QCC
M;)0Q;I.V738ICU0M/H%!6-IY^?7EW_YSU0_8[!M!9S0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!05B\/'Y!V%_S
M=NM^][8N@LZH%`H%`H%`H%`H%`H%`H%!6/OA^9_B/_74_/V(;A4%G%`H(^<L
M2Q8\W6TGV[XW8CI>[`%,#L1XN)IH2RZ62.;QO@<':*^HD#"JVQC@>5\!LR0H
M.0V%^KG?+'^%!K<CZZ:_3"K!K\M0=$,GK@355F,&L2%'#/>2G@RUT<,TM-+$
M\XD=1,V;:H:"Q$')=;R842W6RPO?IO0?<#7Z!RJ7("&7A6)P$260+%931@H\
M:."3)1:R;@C8@/Y-Q2+$G@%BCAX$[8J&!BUBF&(-O\O''&P?`;7/7TR5>1$Q
M!</#D9%:20P)!)#1HS!2;Z8C?(?)2`RGB5S1LB[F::$E])8DG'<1R94#*X80
M>&-[VN'Q(:[P@VT>/TUDPQ#C7SADHK!P>&2C-KETJ(SBL5'+FQF(G)1)*$:8
M"AX_+$[@E#$!#8.8F&8G1G>]!SKIUQ_P_JQJPSM9EQMQG+02/&7V2OUY*,2M
MU!^U]I7S.7-DWVV3AUUEE(JM8'<\E`H.:,E#8X@@N6'2)E:@G-+U+U80\R8J
M-K;`R4,GK#2<1$=.B-@DS!-PL%*R0V*OEC!=`#'!7&8C"9%$HYCE8PGE\\@P
M,P\<KVN&P$-=X!2\D?--@^(B&;>?BI*:!F4CAG@9H<G+@(Q=;D9(S#1\<DU^
M+()D3$VL`WP4#-A,O&#9=:_2'F?$&-1Y2:Q)AMB&F/YD-QWQ\*I^0@'BCLBB
M0S+?//>-G01%S!LH(:FK-1,42N?7L(042.`F'7!%-ES(9`]`4%*<8@PFIPQ%
M2C#)<$`N!$A^/FF<C($L5->7%2H;#,I(C5P*%3O^<$%8IXL,6ULL;6RM:]![
M6W"D.LYVG7\THKCML/I21$YM*3T0&:WDAV*+<1P\04AOJ#B()X"N>1$D+'JE
M2@HV8!>W38/#'IO08IJPNWF_+DASFH#9+TER`@-AB77#!4(M@V8Q9!]P*[68
M#>`L(/F630EYV*:F?'R$R&45$Y?//J@@%"Y8)CH%!6-IY^?7EW_YSU0_8[!M
M!9S0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!05B\/'Y!V%_S=NM^][8N@LZH%`H%`H%`H%`H%`H%`H%!6/OA^9_
MB/\`UU/S]B&X5!9Q0*!0*!0*!0*!0*!0*!0*!0*"L;3S\^O+O_SGJA^QV#:"
MSF@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@XGW4VJ?NL
M9&`$J*H.*S_)FQD\%H)9++4Y43H=1BBIG%<IRR=75AZ*;2>H)<H40XJ-@X`8
MD<Q!C!@.ULK?QZ0AC\27*5[,"(O>(MOU9J!^)+E*]F!$7O$6WZLU`_$ERE>S
M`B+WB+;]6:@?B2Y2O9@1%[Q%M^K-0/Q)<I7LP(B]XBV_5FH'XDN4KV8$1>\1
M;?JS4#\27*5[,"(O>(MOU9J!^)+E*]F!$7O$6WZLU`_$ERE>S`B+WB+;]6:@
M?B2Y2O9@1%[Q%M^K-0/Q)<I7LP(B]XBV_5FH(;@);Y"];(P3(BC'BYC@LS4A
MR2*ZB0*WR3(2THXJTHR0[94=5Q%$SK)B,(7$=CU/9%P[_P``"]\`K=-L+7H)
MD_$ERE>S`B+WB+;]6:@?B2Y2O9@1%[Q%M^K-0/Q)<I7LP(B]XBV_5FH'XDN4
MKV8$1>\1;?JS4#\27*5[,"(O>(MOU9J!^)+E*]F!$7O$6WZLU`_$ERE>S`B+
MWB+;]6:@?B2Y2O9@1%[Q%M^K-0/Q)<I7LP(B]XBV_5FH'XDN4KV8$1>\1;?J
MS4#\27*5[,"(O>(MOU9J!^)+E*]F!$7O$6WZLU!B4K>/;YHSKK3$^RFB+0AM
MJ;,RBOQ$VY#9^W[?F(T@NU%AZ3ID`NILHM"['.&4L^BQ8=+7'#.V\2.,%?+&
M]K]%!:K05C[X?F?XC_UU/S]B&X5!9Q0*!0*!0*!0*!0*!0*!0*!0*"DEF;3Z
MYZ@;6\PTN;.3,P(3CQ/G35(*[B?B\52<5(YCHU!@EDENI?2*M.E>&POTA)Z8
M6-G1O_X"RH.G>.+D\UVY18]ER7-:BSU#C.+)F4H7+.1_(Q5KFGPII#+9;R-N
M=`;^2@<5TYM#@O0(`M\I!DS^>0&>0A8'IMC06)>5%OC`'PH?A4#RHM\8`^%#
M\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'
MPH?A4#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\
M8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5
M%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'PH?A4
M#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#
M\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'PH?A4#RHM\8`^%#\*@>5%OC`'
MPH?A4#RHM\8`^%#\*@K*Y`1@1)TXG[!BA9WMR*6Z;8"899='X*]Q_P"/5M>]
M^C_]T%GE`H%`H%`H%`H.8YFVWB6"I/B.&WH7D)0D>=BSV,Q2VV1&SQ?(SLM&
MZ477GR""<;24H)Z8.VT,V$;&Q.BENN");Q5Q,NG&P;9".QT-[$DGD8B=W_+B
MA&[N-,&2FHKH;B9K]C=[DR911&:S_8#S24!Y-!8$33X!LO@>)`XG"8X9DOD*
M7$P%R"<*!08]64,4A*4U7,HH'\$Q/.*&9%))C**J=Q)%A#.11,3R]LASZ@8L
M%U`0<+7S%$O;&W\;VH-<:3[0W<F-0X%BH-Y8=K+2GV58[O)9MN04A#5"Z>+G
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MO<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LW
MFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCB
MK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X
M%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'U
MF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T
M<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1
MO`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`
M^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[
MFCBK[`^LWFT1O`H'<T<5?8'UF\VB-X%`[FCBK[`^LWFT1O`H..]A=`M*=5MH
MN*^0-<M8H>AE[JV^AEJ*+J8#1)("T;;1[3C;A2/(8YLIU;B)IP^E%1A`[VOT
MB%\+_P`.C^(7ZT"@4"@4"@4"@IZWA7`&OR3<5+\5$IVC,N.B.\)E^NE!8KU=
M:$S`7S"K8;C.S="FUF^LE$+Z3+I,4J2L9R"N8&#RQPZ;VH.#)A!V%([([A[_
M`#$BJ;V)JG+#[T-@N0OD.*WT9FB4H-A`A-0TO[*`0.DA(<R'8_1G1);70<@P
MRP#@5V6CJYL`KF0L6L:#P*3:9%YHU/B*2=G-\%K725=3N1EW(AM1>&R\,2"K
MEDV==7EJ&2R6T&FHI<IIY",2#Z5B+",.`,-PGDX,B3-"'0<B@(X>4[GO8/!T
MC,#9]5V*3-M2G&OJTNZ)/6/?I^6'6MRD9@2#]JA!>,,>WT%.3F--@;7P>*>Y
M+9)QQM&;7QPNE65,K!-J^N[))VQ4Y$7*._)/177&^P_RB[8_-;#1))&JC\0=
M;R6(K7$1B0^4=S=KF[WJF^,CAS-ZR>YTAR*>!?'$Z)\H&`@Y2S;.UB2G(TU1
M$Q9Y6-N79_\`7WUM0H_=JHC2P9<2UL>P%5Y!SDU#BFX`<VNBSRG-9:"$*DG'
MY,:,.(T5%QP%-9"94$N;&92.;O)CCU=>.UR;J([%OBT5DDND+&RB>]V[-QK=
M*Q/:(DU;*?C)-3&UAJ8&`9D=.'L(D$CX=C`^`:G90O8.J9`U_D&"-I61`$.J
M\W.76[>J+6ZP%M87YVEM].+6ESZUN05_/QWHSO?C[7'L@I^P,&N0VA8G2)G,
MR5=R,E"BYVL;RO07DAAX!!AA!VZH86&(>%KWRRZ,,,;8XVZV5[Y9=%K?^;WO
M>]!_=`H%`H%`H%!6/OC^9OB0_7<]_P!B6X=!9Q05C[X?F?XC_P!=3\_8AN%0
M6<4"@4"@4"@4"@4"@4"@4"@4"@K&T\_/KR[_`/.>J'['8-H+.:!0*!0*!0*!
M0*!0?G405J=VBPHF>.N33G%Z;(L[<'>1T22SC]Y:P:;RU=1Y&VN46TT9&L\,
MK-,V4<B4`R"L=!A]*O8P(G72KXIN*AE8)4&W0W!6!6(`PWI&3B//B.Y:EF.&
M^9UUF%&<$F"Q]*&MK;2X:623T'8"\U5Y0!D]PI1Y7#1@2Y#,N5,9899D5'$0
M,ZX=U-VBR0XEY,BDIA8!+<1ASLTZSEE&=T6OII2\[&H'$#77%4(RS9!=+_B]
M*"<"":5,TM&5!B/B[*1,%PHXA4/"Z-D]JF"\Y$=;'8+D/HJ6H;7&PH^1X*=X
M&,C.5O(FF:DQG$Z,L\UE8^E3593S?)W`DG'BI=QBM@=-+6R.8VZ`DE!FC?.3
MI`7HW8CCC]KDR#,V0<<5R8ZH/<BBV9HQ8S@C9)A-36S6#K0TYDD',8?2H440
M@+9&%,)L"J2<&$5,V#""9#.T\RC:BM[98..5U!$D>08?#NUS[0/+;J@N&'N]
M6*QY`?SK;J`,>-/(RP4LTLN6XI3#R7%.R`%%#S*EQ\A`X`AN8=B\8S%UW'P6
M"#6M&^S+E'6'A$TW7=$Y-9P/G;0NKBQRXR"(,G,!R,-226J,2***D%?Y'4`[
M%P!\5%*%!":HCE_:!C-0BH-2,CSC)-U=U`83W3<HW=_VB.EO2OJ$P6RF/$TK
M+JL'\L'8LV(6TOZ3G`BUL"#7+J>)H(,R1S'R#-N?:7<45Y2@ST,RVVD?84O1
ME#*BF+FO,LN=:)HCQGZ*&&E[`HBF5LWH]760[H><J^XQ2P"THV33!8+`3,O@
MF*V%PG6.]AMEQ&MN@(N1^+([Z@1`<Q^'"C4:9Y):4R*B#C*`"$AHN!L<J[T]
M]*YUGD"RTVS182Y$R9!-IBFIIBL1$!#G$MNULZG!,E3MDC2"SY+%;RDP7.WM
M=9S21SB4-M%!+#=B"Y$MPH3<6DUQM2(9%<)H\,*EIQ8+Y(P-XX96**`=PQX>
MW&^1)L$U&S32W.XW*ARH]8U2\(0=K:3'P[8[GY.BY*UL4!1W&HGFPLN^-01G
M,573?DWCO+;FP`Q4Y*.!C!=]0*!0*!0*!0*!0*!05C\@G^^G$]_V*6_97N/0
M6<4&N.]W-A@-=?>ST7$YM--K))U<<*^K&,2J<DI2<!F8.'#0V7_Q#""POT6M
M:^6>71CC:^5[6N$"O7;6+8^DV!(<<Z=(9.1]ETUZJ41-L)@KYH5:QCINX.U[
M$5@^`!DEM)4;S<&#-#%U4<F)E82P8=LQK9!XA$,4<EVJ4R'X]2VDX7V1.S"J
M2\W(9Q>46/UD$Y=>$"JCH19<8T?K#H0DQ%67RRU-EJH8J3F9!/&@T\P.5#'+
M@BBX!-&NVW6O^T\$@[)0T_`%N(O*'N25'"M)BNT#C948V6U=OOI,=R"Z222N
M-=0;*FA&;&0CI<'*P..(V/6!$#$R#+:Q;+Q-N!"C-V'@I56'#$DB`'SS'<ZP
MVEQIB.5)3U(TDB+)%%<I),7`4PP?(C8`YF"P.0N(?7QQZE\<L@GV@4"@\YLV
M43RAH^?-%R1$D7&-G3IL8,L4*%"P>0Q@T:,#98`ERY<'"^>>>=[8X8VO>][6
MM05GA3=J')4RP=N02M.2CEFBJ&O,#30F,F5\8/?:+L&]6$$*G(81%'$1UIO2
M0\6BW1$QSGR820?N0*YIR@("/C<P'9>NNP$>;11`V9OBL5>%8SL/O%,2KN=`
M4&LO!G6(^')'KB+J2`JAA**8,5<S4.!VP&PPSOAACE?&W6Z+!-M`H.<-A]IX
MLUA^RFTH!O7(6:Y/1X8C<NS6.XGN97Y.<28L+*`TKEVX3/#)IM83&\?&!',V
M!*6L4SMF+AE?"V017K:I:PRK-^PDPQBNR,ISJB*Z#'$SL65EZ7"2[!IPPTFD
MK)[;;T+2>="2H?1)&;B2CK(IEO)I1-==P`3WCSF0=L\`[CH(00M@H^<.P<A:
MRD?I&%*,9QE'<N.0$^W%(@W1F3*"\^6RTU!"<1D,-/71A5J.58`P&6OGY+F7
MZ!+VRRM:@FP3/Q88@G4S$ZF&6?BP[6R$SZN-\NH'C>]K7SRZ.BUNFW\:#EJ+
M-RX(FAO3JLQVNKBVL:T/!R,"<8\&:J\DR?'SP;"?@L&T=68:N3)+IBRJC"8G
M$HV6#'(K!>]\B0P_5SMB$[QZ^$:36*T)$;@2L"W7PW4EU(&*XEFT16S15TD"
MHI1@^CG\`SZ8.:(&`Q?$#X8#!VSMB)CCG:^-@U6-)UB:87!,#6C5[)#L7H%D
MD2(I93DT03(=G2$"TVN]1FZ?\8&'B*."@/`CGD(%<0'$?(4#K^.`&P#"6Z!0
M5C[X_F;XD/UW/?\`8EN'06<4%8^^'YG^(_\`74_/V(;A4%G%`H%`H%`H%`H%
M`H%`H%`H%`H*QM//SZ\N_P#SGJA^QV#:"SF@4"@4"@4"@4"@4$*R),A!EO\`
MC6*4\ABKOV4$N1',C$1S`I)-3F?%:<AF7BXU4X"5.CX%BRN[D-,"##"S$S-*
MX671XL,2]@KIUHY"(?V#?#/DYUQ4E-U\BZ;1-,9!VL%RKTL*S)9VR[X04XI`
M[D3"3);"[@[%9ZHJ<-C<@04$\[9.N..*2L6!\:'1LD<@,-(\8J,A1,NHDHW3
M$N#G>>L(.O-ELID?S8[(T3DAQKSN-MPRF-D[FR9)`721%2\D&.EPL[?Y>(1D
M0N&ZR+O9K/%I$H:=KW42QU3;:FZ49O%V:[Q7.L)A)&?"\E^2(0J(`>+BO--C
M=9S0;FL2X*Q<GT%A,_'`>-".MF=D&/\`9IK<F.*/&RZXOW2<0\=J928%A78R
M4V4-2@62YV+F'<C%VBYU`[B?2XR%2Q275+9A&SH0GC,L,,[7"1D#;^`T!L)1
M)RN5`:"DC(J$`I-QIH[R<+:0[&H1<D^)1!M*1%CI/RJAC0XQU16("!$2_C"Z
M?F6\4&<MB5N&39^Z^MCY4F4E(#^.8&I!6DMM->Z^R'\T0#+F<2"LNQH-M1'=
M;810T%>?+00#2NA%3]RPJPF6",E+"A&BF0X)/VN:<6;&P'KXMH9\?.=!'&C8
M/P-13BZ`R7J&W5]U1JS7`3,9XGQE"74B/W;\E"@_Y09EO7`$_P`PX5QS#!7W
MYU9Q<.+:$?J^`?R71F]<T;BN62*&&?)S&/KXK#C.(ZQRZ$`C-^:`@V\I*&9C
M$@GGC1;R@8,,P")F&=(;KZT*:L10RDC>,55@DF*[>)W:SRMFZ6ZNL^2WXW':
MUL_H_<)Q,USMB''0,F*Q3(5//BHHX``V8]P@A`T%V<CFJ+5;KN<0;R=#F`9[
M%5G^9+-F,9(.9K"4DPVV-@<DMNJ9UK)[>5W,=AMX$'``G8';&<D[(83+'&Q4
MUXD.@H^F9&?,A2C%V1$XD/&+BK!<*B1-A&0?E!DRFF*ZBQ7(&"<+E39$4V;;
M*PFFB@P>(Q8^DCVOTX9!Y9!,U`H%`H%`H%`H%`H%!6/R"?[Z<3W_`&*6_97N
M/06<4%9/*X$X<X`A<R3Z_P!`4S?'015G+&W3Y-]C"?MG%1ATC*N-K]%V^24\
M4\PI];_*Q3@1\A?\JV=Z"/)O'5IAY2-*SS19<AA(.D86VBE.[N<+`=K=99-*
MF77-A$XZ5&2[U1)`;LB$EY76QR%_D<R;%+GTA1`&PPS*9](<R\6VH*"[H!UT
MFJ?U.9T]6U)V8WZE>+X->30&CIL,=VRAL=LA9&E)9;:@PD*1WLHGX>D+(^W[
MG3IE/``7\QP@!!?)[EPT75Z`Y>83K;3&:3%=!72K>:"86G[9M34T5Q-W[$)W
MUO;;-8^QS)5V6KI22X"IG<EG);233A*X&!@05(<1O$//+/+*X1)H<GR$U]<>
M.*,-E6-/+,U0%UIV_:,B)B$U9M83E8.VIB=T%P15C)Z2R4Y$DAKX*$-G7+FS
MSF8(9#%;&Q\7E\H"I5Z"6-2HSV9=<S-7+<5];/)<GQIQE:R/\)QC.F:TIA)^
MS+4D;:(N?<;K;B&N(L-OF9$B'%-F&'FVS.8Y!3/F+YG2@N>5A0PYSB&<!U*'
M7T_5&1]LEZ3`=$=9F$[(`88NY;!D:0Y/0I21RNR>WA3"2XF3"(HRHUWRC#/'
M%HI+G=A-LD%',J)XVQ08<)+CHO,;QD:*(W>:AM>6C!-Y>]ATT^70TK:V*65?
M3Y_:)NQRM4E<4P;^4RD%G9O7"0:3D>4Q`TT^>#`+"$K#6+X!V#$<1[`;*\'4
MWZVE%Z1$>=WS%&\6O\?J<TC/9(>@*8-)<W,B"2#J79`+!/09'4HJS;Q8%8.^
M/,CI(X9NXHV5[YY!V+J%L:Q'1`T%QJ;B64H^DQF,*,6:^H'=D1.]`5(;7F2D
M(26KA+"@JH11D9M5E'TG(9.6DY0-)RL`6!%213>8I?#,*&H62I=@6)=;'FT&
M7NW@LN.`N:$C-[`BX.:4)X*`922GI)&MR2SVTZD-58,5RJJG#8YZ/U3-%!.&
MC)X3,+$_8?,(8)<;*QL`IA[3MMGR'(4?M'*<-+Y(@K&3H/V[<.J[N;Z]JNHY
M2$PGNHKX*/+R!#[S?[8%Q7'$2$)C$GN"45#B5@&;,%C(;&27IVD=V1-'4X(V
M\FJ([H@_4)[:DA1(TI6G->;#^9KA6#DWQ@YIR$(F6HAO`\KI90%Q&Y/)$"R]
M'BF7R.9`BA'0BX=T\OJ:L+`/'4&B@R8%BU.2>#)'=KEBQB+K[7H]8#6CN9T]
MPO\`/%DIF/M/2D5&/N(@6&-*!`4KCD=PQO;IRM?$*^4\"2(MD_>AYW:.U4NP
M/-^VVB:@F;7+L?/Y@28^%&R<J-B0V7*Z`Q8_1'6_]*-?T]LHB;CDV6>W0545
MPFDL8^.!DI*X(8>%D:69*RU%8$W*&Y@;3;S+YF&!+A,X)MO%J:,EM;8]OB:D
M$70,6/E57`8K%H1JS-''4C2F,0)^2AG#5R^0=PC!@O':(D^-<ICE>-MAI$CH
M[QF<63-WX"2H^G=&V16W$@R7L/\`30=J*J$@$7$Y79$<FO-OK<HM8AT.93:Q
M\80"^6&)DF>#]0T5SQ&<H.V4(U9&;H"<$(F66ENP@XV*]6>4R(O=K@N5H++4
M5'8AI)%ZMI13L!R]E!,%-EPCY$T5%SQ'`$PL%)TGZ]RJ&#-^^FE335%#:6.9
M8V:9,LPJIHKA8J=O)JZL/=RK`<7*(BVC)V9V26D"I9KT5NL(,T""?R%2\A1$
MQ5'L$%B2?LD0@C6%OMO!C2HL2K&&H<*O,DU`H=E513%1==B*(Q&8TLE]#:2B
ME#.()Z-[/!>3"PPRD@)G^N/``%<L!<@X7AN+):T-W]@M76@"<A1KN_`F4-S^
MZX<BB4<DU,V0A504I"C'9"8SHQY\ED8S,X,D.MN*:H9%3@?+[HP0O^4%C<$+
M6&EMW#[Q><5,(@!**.XIH3)84V#@\H5EED)Y[*&'*:;+S25=6=C/2$YLKXPB
M>9/I)%1$*F5M&+YJ!'`<GU!L@Z>H*Q]\?S-\2'Z[GO\`L2W#H+.*#D/;?4))
MVP*PT8SF29('>D"RD8ER-Y'A`\P2CM27,=CE^16I%C`4E1_)+7/I"BSY'4P!
M0A$V^=L\\,\,\;X_Q"`N[YG+VL7(O_/I5ZFU`[OF<O:Q<B_\^E7J;4#N^9R]
MK%R+_P`^E7J;4#N^9R]K%R+_`,^E7J;4#N^9R]K%R+_SZ5>IM0.[YG+VL7(O
M_/I5ZFU`[OF<O:Q<B_\`/I5ZFU`[OF<O:Q<B_P#/I5ZFU`[OF<O:Q<B_\^E7
MJ;4#N^9R]K%R+_SZ5>IM0.[YG+VL7(O_`#Z5>IM0.[YG+VL7(O\`SZ5>IM0.
M[YG+VL7(O_/I5ZFU`[OF<O:Q<B_\^E7J;4#N^9R]K%R+_P`^E7J;4#N^9R]K
M%R+_`,^E7J;4$Y:FZ<)>JZI.#J'FZ;-@)!V#>;5>TC2).1V.C+E.'V4P&_&;
M:($"T81S&+9(I::TVR4!MCBGW%SSPOGF)EE>]!V/0*!0*!0*!0*!0*""Y&A,
MF]I0BF72*L81G=&2')S&Q%#Q"R"5(^F(HU<7HDVN(`8Q+*A=<8*"J$1\@Q0[
M#)EP1`[AF,L\`YH1N-2"4-"CE'+.Z9QSD/1%'\#Q0XS;V3,UIB1+'SZCR00F
M42+@M<!N.)+>"U%*`"X+KJ>K"*I!.P+"96#RSMD&*'XL]8%!KHK/7K/ISHS?
MB9M0:G?2!3:Q]0&B=L+K`<)9@KRKBS@5!W-`ZHQN0R&2E@0^FAYF#HI<``<\
M9&$#=6_Q]1"VAK!ISZG$1#/1`+!#N:Y^1[GT60(O3QGS]`F^\Q3"-FNGAXL3
M)$4TY$/%CI0^(FY`%U(91P+%_%A**[JTT%U$UN2<WM)B>=U95RZ_&;E(+:!F
MX#2T!$[OA:ZB[A5-KJ*6X!##%?:H$('Y("!<P9\=;"V8874"+W/Q_1.[W,*[
M%Y_36<5U`F5LX<\GHD>)=*^6B.68,S>"YADU<A,U\S&<RJR?D&6S+)@?BB@@
M)0(0O;+(-B;VB\&-QWH#P+8.X\*B'(;<)A!55X$XW'#(,!,,>-(ND]=(V30C
M&;X0&9D7*9B%1RA$WDG$A1RH@Q4$3$,W)^G43RX6=>3O,.?-QN65(SE]-?R<
M.W"<@,%SQ"M,EPL,E'KKNV1E%N-U(56*7$R*=(UA\3JA@)EE@>,8YAHZKQ^0
MFM8'`U%<DL?`]F\<S(?TD2,`\\GUL^G[<N&WB<6U8+Q8TMIN%@\+XWP#2,LB
M=K=2_6L&&+<;T`IR4STY&6)113L<)#59\;.5.=B?=RL*,66D2PW&W%"`HG6\
M=#'8Z:UYM<2;AY>$=5?)30-[G?'$B8P`>07C2U\,M`=C&UJ5S;>,(JBA#`#/
M(G8SF34M4D73483RT%O@F;&PH;;Y7Q8ELK="N'<Y>U\LLL+ATE&D)%6+)4K2
MRHKAYPO*3TF,V:9.G<@\\R;%A]-<15F)Y@4,N5Q/+)Q9>BXK*!G$($/(RJ7!
M##L&!AEF$[T"@4"@4"@4"@4"@4%8_()_OIQ/?]BEOV5[CT%G%!AW"WT-V(2R
MUW.D)R^W'$EGD1>0U<H`?2EA(4RPA-135$B9P$+FR1TH-F&*'GC?'/#*]KVZ
M*#ZHJ2504E.120AT4FEDP")3-24#JJ>N6+86"`L:4E$<RH'QL`\;6N*.((+G
MT=.>6673>X9.@4"@Y@VPEG7:.HX*,K9L4]G'6QSA(:SET(LS7^\"[\<LTACL
MI'C48./4194TTV_;J8A`L(+<J'D()>UAL,K6O8/;!^KD9P78H::JO+KK,$$G
M)%;1J99GE:8SS,;AC`E;-OM/.474Y1FV3%"3RX8^0-L3AD,N%@8&%Q"PMB'2
M5!&TQRTR(%BB1ILDL\HI4=Q0RW'(+Y54E`772>2FFTTLRM.!5"0&RG*RZHX)
MJ63%'$Q+EQ<\0@\LKVMCC>]@V]MN!,=C=0'2B#9F$9RHJ6X$@P("(7$'3%DB
M`HD!A`!L<!@,Q2IG#*^&5K98WOT7MTVH,U0<WRUMC"D(R7&D.OY6>0<F3&E/
M5:B]H-.*)4D13>J?'!-/47X(D91^S',4\<U$]7*#FPAA`A<0C(>6..76M0;U
M#4X11L(R<)#AMZI;Y:?RXXFL</$`SQ$\B.QH*YI`=C1<Z`LE$UPM-W-A;)"E
M5%*4RA10)#X7P&!PO_"@E:@4$.2!/4:1C(\'Q.\553(/78ESNIG122+-IQ*2
M8MN!EL)QR8X""BXD],,M]N"EV:U#YH&R@9+9&_)\L`+"9VO:P;J:?;7(O5*C
MT^IX)[L7T517VZFG0Q2V+B3D48L"NW0C8N&)14.(/EQ?,Z6"SR,%P3(0N6%@
M\NM095.;R(D'EI43DTJ44G$;`/+B@&'TG50R5+!DBF1PUG?(84,F4"L&"'?+
MQ8.'3;#''IOTAF:!0*###MY$-+A!RF4PJ87DHB=3DM3'#\:932:EF!FH!$,A
M+Y8D[G[E@[#9AVQS%Q#QQRO?&UK4&9H*Q]\?S-\2'Z[GO^Q+<.@LXH%`H%`H
M%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H%`H%`H%!6/R"?[Z<3W_8I;]E>X]!9Q0*!0*!0*"HCF"5BJ.P]'E(V&I#%
M&YR=:.OI>R2D597AD=E,>6"RX\W8I%$(@HFR3;:R/A<RH'1,,2Q0'_$+GC:]
MND/EMQM\4>@$*!PFK2`OZ^M[:6)&WNU),=(3Y20VO";Z9,J9)89!V)B:07/H
MV3EI.9]GL?1!+W16VHB7-C@%Q3.08<+M`6=EW977F+9(F;9D'51T;'<DR''R
MPGR?+;1-//4M*AQ@+D,CR/(*$ID'4;(MR6U)V)K'<:DH`+2D@IY'(`Z:P$\8
M.'*CAG:;)8T-7(YVP7-D3PDA\'J^/`:F62Y=35:7=R$],GMJ3JV)$'9R.45G
M%.B>WTAAV+(2^'G903U15,X%QK&%"X8=4."0]FE=IS2ALU9FQF;6,-W:(*_'
M>T">$BMJ/)%@!:C;7/%Y$E)CF"R8SW<@JCYRD9/DVR\5$4FT1+`#BW(AE$DQ
M8/;"[ZF%*GV"7>-,.RR\85^9+>B!'`BO%]2PXF()J,)'NPRA&J:I,M9S&:5F
M`5>B"SA&XY#!>^81D4H7)G_$&,2^0=.\AZF&G\DO%JMB2"YXJ2&>R-]Q79)K
M;:R<Y"S)P>$<Q$E-,NX3+B9[S:*(&\%-)-`D;GR^`AL4F)@!E?+#.U!73`[-
ME0OC"44K;LV59<:3)R^[C%W5L.S%&7-=9`W3A.5-5)5=@^PDK)#8^C^;$!&G
MP5$:R$KIQ5N(H^20G&$,L2#-A7$"3C\\R66VG2$=IR!MHB,DPM\HD(2@3?ZG
M,BF[2BE&##P.04>7CJ8VDN.X^2@C#5$4XP/)US"\I-\?Y2.*YDZI'@;!%;7E
M[;^-(L8ZY&CUVUE)YO[AKU,FZ<&^KK<DR*^LY?;LTQ6A;(*,:(SS#/%63L@2
MUY6GC8%"1P22D>4TXH.(2&/`8C9AU,]B<-R_+?'BL1')^U+R@!^[QSF\"[J>
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M"@4&EG8_:JF^461E1-Q4W6V$=30VJ=/B9&06N57<PKN$R@$\_P#3)RJO@%0`
M#9S''RD0J#B!;/$+(3#,-TH%`H%`H%!6/OC^9OB0_7<]_P!B6X=!9Q0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*#A_=K5Z4=D2VNJ]"TQ-.%)0UMV`*SPTG(^HJ.3$TE4UC$LL1(
M>;ZTSDZ0XO/B`F$F5C!D,P$K!Y!#E</\&5LK]`1-]C/+?V]--/=Z2)Z]%`^Q
MGEO[>FFGN])$]>B@?8SRW]O333W>DB>O10/L9Y;^WIII[O21/7HH'V,\M_;T
MTT]WI(GKT4#[&>6_MZ::>[TD3UZ*!]C/+?V]--/=Z2)Z]%`^QGEO[>FFGN])
M$]>B@?8SRW]O333W>DB>O10/L9Y;^WIII[O21/7HH'V,\M_;TTT]WI(GKT4#
M[&>6_MZ::>[TD3UZ*!]C/+?V]--/=Z2)Z]%`^QGEO[>FFGN])$]>B@?8SRW]
MO333W>DB>O10/L9Y;^WIII[O21/7HH'V,\M_;TTT]WI(GKT4#[&>6_MZ::>[
MTD3UZ*!]C/+?V]--/=Z2)Z]%`^QGEO[>FFGN])$]>B@?8SRW]O333W>DB>O1
M0/L9Y;^WIII[O21/7HH'V,\M_;TTT]WI(GKT4#[&>6_MZ::>[TD3UZ*#72FF
MV\,@SSJ[*>S>X4!R(R=8I8<4Q(S&BG4%SQ&O.1SK,+RG#)8J>>J]L_*A<DD$
MDV5#1O,+!*RS&&+AX]?"W3>@M;H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H
5%`H%`H%`H%`H%`H%`H%`H%`H/__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g107964g76e91.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g107964g76e91.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!X17AI9@``24DJ``@````&`#$!`@`1
M````5@````$#!0`!````:`````,#`0`!`````D_7`!!1`0`!`````0#_`!%1
M!``!````Q`X``!)1!``!````Q`X```````!-:6-R;W-O9G0@3V9F:6-E``"@
MA@$`C[$``/_;`$,`"`8&!P8%"`<'!PD)"`H,%`T,"PL,&1(3#Q0=&A\>'1H<
M'"`D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_;`$,!"0D)#`L,&`T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_``!$(`#<`D@,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0``
M`````````0(#!`4&!P@)"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%
M$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U
M-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*
MDI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:
MX>+CY.7FY^CIZO'R\_3U]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#
M!`4&!P@)"@O_Q`"U$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q
M$R(R@0@40I&AL<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8
MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?H
MZ>KR\_3U]O?X^?K_V@`,`P$``A$#$0`_`///%GCWQ=:^,M<M[?Q+JL4,6H3I
M'&ETX55$C``#/``J3P;X[\6WGCGP_:W/B35)H)M2MHY(WNG*NIE4$$9Y!!I?
M%?PZ\8W?C'6[FW\.:A+!-?SR1R+$2&4R,01[$5)X.^'GC"R\;Z!=W/AW4(K>
M#4K>261XB`BK(I)/L`*`/H#XOZG?:/\`#+5+[3KN:UNHVA"30L59<RH#@CV)
M%?.^A^(OB?XEEFCT;5]<O7A`:017#':#TSS7OOQQ_P"22:O_`+\'_HY*\7^"
M?C70_!>I:M-K=R\"7,,:1E(F?)!)/W0<=:`)?L?QN_O>(_\`O^?\:]?M_%UU
MX$^$-CJGBL7$NKA&C\B=_P![-*6;:I/T&2>P'X5;TOXQ^"M9U6UTVRU&9[JZ
MD6*)3:R*"Q.`,D8%>3?M'ZM+/XLTS20Q\BUM/.V]M[L0?T1?S-`&7:^)OBK\
M3M3G.BW=['%$<LEC-]EBA!Z`OD$GZDFG+XZ^)?PRUR*U\02W5S&?G-O?R><L
MR>J2Y)_(\'J.U>V_!W2(M(^%^D!%`DNT-W*P'WF<Y&?HNT?A61\?=&BU'X;2
MWY4>=IL\<J-CG#,(V'T^8'_@(H`[OPQXCL/%GA^UUG3G)@G7E6^]&PX96]P:
M^<?A_P"-_%&H?%73+"\U_4)[22[='ADG8JP`;@C\*Z;]FO5I#_;NC.Q,8\NZ
MC'H3E6_/"?E7G?PT_P"2RZ1_U^R?R:@#[#K$\97,]GX'\075M*\5Q#IMQ)%(
MAPR,(V((/8@BMNN?\=_\D\\2_P#8*NO_`$4U`'RQH_BSXC^(+[[#I.N:U=W.
MTOY4=RQ.T=3U]ZZ#['\;O[WB/_O^?\:P_A%XFTOPEXW&IZQ.T-K]EDCW+&7.
MXXQP!GM7O?\`PO7P#_T%)_\`P$D_^)H`H>&-&\;ZG\)M0L]4U#4['Q']H>2U
MGEG(DX"E5)S]TG</QSVK@?A-\3-;MO'8T;Q1J=W<07A-L!>2$F"<'Y>O3)RI
M'J1Z5](V\\=U;17$1S'*@="1C((R*^;OCYX*;2-=B\5Z>A2VOG"W&SCRYQT;
MVW`9^H/K0!]%ZEJ%MI.F76H7D@CMK:)I97/95&37S-X9\4>-OB1\1_LUIKNH
MV-C-,T\T=O.RI;VX/08[XPH/<D4OC[XMMXH^'&C:/#(1?3KNU7'&2APH^C$;
M_;`KU?X+>!_^$3\(+>W<6W5-3"S3;AS''_`GMP<GW..U`'I2J%4*,X`QR<G\
MZ*6B@#YJ\1?'?Q?I?B;5M/MXM,,%K>301[X&)VJY49.[K@4OAOX[>+M5\4Z1
MIUS%I@@N[V&"39`P.UW"G!W=<&O,_&<,I\=>("(WQ_:5S_"?^>K4[P3#*/'O
MATF-P!J=M_"?^>JT`?37QQ_Y))J_^_!_Z.2O#/A#\/\`2?'^H:G;ZK<7L*6L
M2.AM7122Q(.=RMZ5[G\<?^22:O\`[\'_`*.2O-_V:?\`D,Z__P!>\7_H34`=
MWHGP'\+Z#KEEJUK?ZP]Q9S+-&LLT14LIR,@1@X_&O,OVC-/D@\=6-\5/DW5B
MJJV.K(S`C\BOYU]/5Q'Q0\!IX]\,?98F2+4;5C+:2-TW8P4)[!N/Q`/:@"7X
M4ZC'J7PPT"6-L^5;"W8>AC)0_P#H-9'QVU&*Q^%=_`YQ)>RPP1#U.\.?_'4:
MO$?#?C7QA\(;NYTFZTTB"1RS6EXC`;NA>-AZC'(R#Q3-9UOQG\:-<MK>"P+Q
M0DB*"W4B&'/5G8]\#J3]!S0!V?[-6GR-J&O:D01$D44`/JQ)8_EM'YUP?PT_
MY++I'_7[)_)J^G/`/@VV\#>%8-(A<2S9,MS,!CS)3U/T```]@*^0=/UN[\-^
M+EUBQ$9N;6X=XQ*N5SR.1D>M`'W+7/\`CO\`Y)YXE_[!5U_Z*:OGC_AH;QK_
M`,\M*_\``=O_`(NO0_#?C;5?'/P<\:7VK+;+-!:74*>0A4;?LY/.2><DT`>,
M?"[PAI_C;Q@-(U*:YBM_L[R[K9E5\KC'+*1CGTKVO_AG'P?_`-!+7/\`O_#_
M`/&J^??"7BS4?!FM?VMI:P-<^4T6)T++@XSP"/2N[_X:&\:_\\M*_P#`=O\`
MXN@#ZAM+9+.R@M8RQ2&-8U+=2`,#/Y5E>+](L]=\(ZIIU]'O@EMW/NK`95A[
M@@'\*Y'X/>.]7\=:3J5SJZVRR6TZQI]GC*C!7/.2:[W5O^0-??\`7O)_Z":`
M/CWX5:19Z[\3=$L+^/S+9I7D9#T;RXV<`^HRHR/2OLZOD#X)?\E>T+_MX_\`
M2>2OK^@`HHHH`**YG2O&<>L:W-IUMH>L"&&YFM7OWBC%N'B+!OF#EL$K@?+W
M'2H;+XAZ1?:M#9QVVH);W%R]I;:C)!BUN)ESE$?.2?E8`X`)!P30!UE%9FCZ
M[:ZW)J:6T<R'3KU[*7S`!N=55B5P3E<..N#UXK*T7QM'KNJ-:6NA:RMNL\T!
MOY(HQ;AHRP;D.6QE2!\O4CI0!U%%<O9^.]-OKJRLXK:]%[=7D]F;9D3?`T(S
M(TGS8"@;3D$YWKQS6MKFMVGA_33?78E9/,2)(XEW/([L%55''))%`%Z:"&XC
M,<\22H?X74,/R-.CCCB0)&BHHZ*HP*JZ3JEMK6D6NIV;,;:ZC$L99=IP?4=C
M4=IK%O>:SJ.EQI*)]/$1E9@-K>8I*[><]N<@4`:%%8>H^*]-TOQ/I7A^X\[[
M9J0<Q,J@HFT9PYSQNP0.#D@]*H:]X]LO#^L3:=-I>K71M[1;RXGM(%DCAB)8
M;F^8-QL).`>*`.KHKE];\<V6C7>G6T>FZGJ<E_`]S"-/A60^6NW+$%@?XAT!
M-,U#XB:!IOAS2=?EDF?3=2N4MHY43_5,P;)<$@@+L8'J1CI0!U=%<Y>>---L
MK3Q#<R0W3)H1`N=BJ2^8UD&SYN>&'7'-%OXO5]!U35[O0]7T^#3X&N'2[BC5
MY452QV!7()PO<CJ*`.CHKG/#OC.S\17;V:V&HZ?=+`MRL-]"$,D3'`=2K,",
M\=:T=1UNVTW4M*L)DE:74IGAA*`%5949SNR>!A3TSS0!I45FMK=LOB:+02DO
MVJ2S>\#X&S8KJA&<YSEQV]>:P]7^(>F:+K=WIUU8:F8[/R3=7L<*M!`)?NES
MNW`>^WM0!UU%%%`'(>%?!%IHNIZEJ]S;1G5+G4+N=9DE<_NI)6905SC.TC/%
M8FG>"_$$4>C:!<C3QH>CZB+Z*\CE8S3*K,\:&/;A3EOF.>0.***`-3P]I?B;
M0_$>L)]BT^72=2U22]-Q]J82HK(JXV;,$_(/XN]97A'P9JF@>*9KRXT73666
M[N93J"7\IE"2,S*/*V[<\@=?>BB@#H=.\*FS^(^L>)##`([RTABC93\^\9WD
MCH,A8_KMJ/XA>';_`,3:);V-JD-Q;"X#W=E+<-`+E`IPOF*K8PVUNF#MHHH`
M?\/M&US0?#AL=?N5N;M9?DD28R((PJJJJ"J[0`N,`8SD]S4#6'B;3O&^J:CI
MUAI]SI^H_9@[S7;1R1B-2K84(0>I[CI110!E>)?!&OZQXBO]<M=0@AEADM#I
M\#*"'$)W_.^,IEWDX&<C&:D\7_#Z;Q-K.M7K,5\_1EM+/;=21XG#2']XJ\,G
MS+USWXHHH`M:SHWB;^W_``_K.E6VFSW%G82VUQ'<3M$@=]G*[5.0"IXXJ!?`
M%RGA;PSHTSVUU]BU(WFH9R$D5UF\P*,<C=+@`XXHHH`S[3X>ZU:>#_&.C/=P
MW,NIG98RR2')B6-8T\PX^\%4`GG.,U>TOPEJ$/@GQ)HPT73]+FO[.2&'R+^2
MX61VC9<L74;0"1TSU-%%`%WPIX+E\,^(I+J$YM)]+@@E\VX>9Q.C-G:7R0A#
M=`<9'2K7C#2M9O+_`$'4=%@M+B?3;J29HKF8Q*P:)DZA6_O9Z444`9]]8>+_
M`/A)=.\16FF:7)=+ILEG<VTEZRJC-*KY5O+);A!V'6B7X?Q:WXIU;4M?1WM+
?N.TV6L-Y(L;M&IW"1!@.`<8SGOTHHH`[NBBB@#__V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g107964g79c67.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g107964g79c67.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@!.`)=`P$1``(1`0,1`?_$`)<``0`"`@(#`0$`````
M```````("08'!`4"`PH!"P$!`````````````````````!````4$`0`#"@D(
M!P<"!`<``P0%!@<``0(("1$2$Q05UA<8V!DY69DA%E:6=Y?76)@BU#9VMK=X
MN#$CTU25M5=!422T=3@*<9$R4B5Y88'!8B<H:1$!````````````````````
M`/_:``P#`0`"$0,1`#\`^_B@4"@ZQ:4>]".K*UPNWLEIA]1N!;/L^V[B*BF>
MR[3JY]3M.RZ.GHOT=/\`104^0!NAR?;)P?$>P4=Z$ZF%F%-<=-&4&:7<^_;[
M37&"V7LADG"BA+J<GZ4JY$@KX)Y\.Q@$(T8P"%ZV-A,K6Z;AMWQR<N'W#],/
M>$21YB]`\<G+A]P_3#WA$D>8O0/')RX?</TP]X1)'F+T#QR<N'W#],/>$21Y
MB]`\<G+A]P_3#WA$D>8O0/')RX?</TP]X1)'F+T#QR<N'W#],/>$21YB]`\<
MG+A]P_3#WA$D>8O0/')RX?</TP]X1)'F+T#QR<N'W#],/>$21YB]`\<G+A]P
M_3#WA$D>8O0/')RX?</TP]X1)'F+T#QR<N'W#],/>$21YB]`\<G+A]P_3#WA
M$D>8O0/')RX?</TP]X1)'F+T#QR<N'W#],/>$21YB]`\<G+A]P_3#WA$D>8O
M0/')RX?</TP]X1)'F+T#QR<N'W#],/>$21YB]`\<G+A]P_3#WA$D>8O0/')R
MX?</TP]X1)'F+T#QR<N'W#],/>$21YB]`\<G+A]P_3#WA$D>8O0/')RX?</T
MP]X1)'F+T#QR<N'W#],/>$21YB]!)+2/9$SM_JC!VRQQF!QV=EYF!.@ZR`7!
M\:P&T=LHGTPVE@..Z0@76@`3"?E?`Q<D5N)A>U[AXW^"@E/0*!0*!0*!0*!0
M*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*#&
M7K^AKM_5E>_RHU003XB_5;<>G\'.O7[L6Y06)4"@4"@4"@4&I)DFUAP4W4-?
M?)L_<5W/-N1PQFXAD!%9T/J0G<.,`VV8U4H/,*QY94K%1QKW$$!+%2A8<R9%
M!+`"BX!H$SOI#R:IL!"7FK,K97W_`+.IFH8"*Y8T5$0ZVYG68RPEU*)N,4\9
M"(7:2DR!<3!5=3AU%*."7[,N,+E:_0$V:!0:'F78EAP6YX$:KV)NH4[L;,!6
M#6`=04.ZJD%7X>9SN?9(NZC_`'47Q0DTVWV,I9!CWQ$ZXH-@[8];*U!OB@T,
M!L6P1]FCVI_<CI!E$C"9:?NZAT.X3.-L$R]KL"W<#BN:O8TN`.*W5%*V!Z0P
MNC.^7Y6-KAYL;8=B2!.LZ:\(Q)UE)`U[0HB<CY$64+).;IY'FPL^#+).--8R
M,B67PK^+Q3#-WQ##Q+C!XX=.5[WZH;VH%`H%`H%`H%`H%!5_PN>JXTS^BT?]
MKW-06@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4"@4"@4"@4"@4"@QEZ_H:[?U97O\`*C5!!/B+]5MQZ?P<Z]?NQ;E!8E0*
M!0*!0*!004Y"8VB"8800(SG&,Y??K#=<J,X+)UP,6>V4JP"YT8LN.9E["-)8
MC<`P^FF>CIU(A2W?9.PSS)8G;Y#!C%KC@"!3D/'NU[R;FND4S>JS/L]$D7<M
M</&HGV74XE>D<3?)FK9+6-]%W&]IY3V2W6ZI)Q:/)$>63,$>HI-$#=!4O@:N
M'B&+VXP:5D-&V!+:GOZ#D2)=Q\G*V&)S*$-8G)DT=D780;`B)L$J*FGS+:R&
MG`DW&3ETQ&-TD_&CY<:J$006N6.%$_$\<-9`E0WL?C+8U\+?)-.T?,[:90G=
MMQ9J\^-52SE5IU8`:H>7]76\W=F4>)&L^%)N1L/)*Z7-+";@1,E;X)CJR*B]
MF4-!V'Q#R58@29&\E9QQTW-Z%N()!Y-X?E5Z,F7(:DV'4N'$%'U.GJ.9(.LB
M/06HW9&B*.%-SKR("Y3IO,%#4G&J&Q"(N6(QX3,//7YLR@G9PY&VS<>[,+.D
MR6'R:Q>@I%VU/ZHZ6-((>YIA3U&5',"F`"2R*V3>H8@I&-7$+W263![V!P,@
M'C!&]@U@L,GDO;#:++OQ<EYX[DHG!\WH_6WZFHBKDX5Z4R6QZ8Z76PDZ2\"M
MF<8V?,PI@;$![)0N8&<_5,AWOUL<Z#L'&7?+9F?<.9]7]?=K$C7%_B\7+CD4
M@G:_3(G/IZ0JQ?*,0Y^3(^CV46^GN%ZN-B*#M:YUUM<F!DI*Z6&I]D7.#F!N
MW#><::S)3IV4TI:QKRZ7CK(JQCO2\A19A,3[%1-N+*W.6L\EZ\LUPHS5^)`D
M<,]LG41WV8*(Z+%ELL@DNY3'6*=QEZ"37&BGS4WY<EY%D!ONU\LLS'#36VOL
MJ]65*$*R:N*)]^OT\<AK9"('X9,-!;V!8(*IVII[M'LB#@21BW=)<O;$C80+
MF:!0*!0*!0*!05?\+GJN-,_HM'_:]S4%H%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H.B=!,PH-EQ$"@?:
MFSR$KDRH5LL<>U,&4\P""'UL[XX8]<3.UNF][6MT_#04>:-;%[5ZQZ::M:ZO
MCBGWL5GE!T"Q;%;I5&LNZ4GFVHK[&9Z2W54Z@G%+;M)4#*0:.D,\R^8Y4N+D
M%EC?(/'+IM8)4>7]L#[)?D*_Q/1SSS*!Y?VP/LE^0K_$]'//,H,&CWE(DJ5D
M(\YH_P"+3D&<2&FN]^,(\?"%TO3\0'=&+T7H[?:-<!6V_(&LQ6\]&P?(""XX
M9`#"%LLP<Q`LL,\@QZ(N75P3V1?*G#7&SO3(B?&<HOB%'Z;;JSI(."UY5C90
M#2GRR5'(QN(7OWV;QX;#$3(/M`!,!,!`A!`\\<KAMKR_M@?9+\A7^)Z.>>90
M/+^V!]DOR%?XGHYYYE`\O[8'V2_(5_B>CGGF4#R_M@?9+\A7^)Z.>>90/+^V
M!]DOR%?XGHYYYE`\O[8'V2_(5_B>CGGF4#R_M@?9+\A7^)Z.>>90/+^V!]DO
MR%?XGHYYYE`\O[8'V2_(5_B>CGGF4#R_M@?9+\A7^)Z.>>90/+^V!]DOR%?X
MGHYYYE`\O[8'V2_(5_B>CGGF4#R_M@?9+\A7^)Z.>>90/+^V!]DOR%?XGHYY
MYE`\O[8'V2_(5_B>CGGF4&O)7Y5)`@^/'1*\J<77((T8^99$)2<[D,"Z8J0"
M41&.E4\,P(11-OE-5,8Y'#@6'0"`)E:^73>UK6O>P>B8N5]YZ_1<^IKF?C*W
MTCV*XS;I]V/IZ+BGI/DF-Y`3`[9FSQ@$AN&=4#6?3?'`(`N",8,#9XAA!YB9
MXXW#.4?D6FQPI"6OH7%1O\L(:XG$5A&5DY:T9-)ZHE*98(ZG*)$T%N;D$9)G
M2@^`H0F-[XYX96O;X+T'8^7]L#[)?D*_Q/1SSS*!Y?VP/LE^0K_$]'//,H'E
M_;`^R7Y"O\3T=\\R@SGBQB>28-X]]5XHF%H'6#)C,C4,@\66I'T544&TK&EU
M:4\DD\H-Q364(T;*@'L+"9%#9@#K=-L<\K?#03_H%`H%`H%`H%`H%`H%`H%`
MH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%!"18WUAEKS@K0
M<\$QZ-$\DS"3@D5^KA9K81\+(RCKB/M82)Y'B3L.N--01(;(FS@BL>3"J:5-
MDQ2Y@8+*X.0H2)3YRA96#[5,EV,S^%D;XQ9=R/IL#YX(%G,,RLED4,-4R$"3
M,'F6$2,A\K6#Q5`\BE[V,8W#L&#K&RC41Y$G*,\VN]#B]`4,,R<G4:*`-FR2
MMM1^CR:5;Z:UC!MSE39EQY&8C6<!PCH!$L#U`+]O?$:U\0U>%O3'!Q2F8DC,
MJ0G"#KZ57;2^.B?$,T>8BT@Q&6FG%'<3>'?)5Q)A=RM(X&"B*HI6R,K*'2&"
M;[&X1@4,JA[<"/I==[&8637?\=NV48.3]BXP3'\F((1:0(J,#MHJM*K<6FFY
M'6AYK;)-O5$#6THP9+J!'OP4%Q"%+B]M8)84%'3!<^SK3XO-ME'3&.!Y3VC.
M[-\B[=A1LAKK4;8!)ZN?>6>4`D\CZL]5I`;P9!@`J(BWF`,9QR.7(6+X6OD+
M;H"A[_Q5=<^4K3J>-E67/4'K5]5I3=S]:TDO4U*48N,6.-KH15SB0L*AA((O
MA3<JN$Z0\SJ*IG2)4R&=-AIH]QL@"^0E@^R6;-AV_"+BAQJ*C3=KK79R>#H8
M[*+-D=ED2@*ZTHR>DMJ6*^J/9WM!.2B8[0C]3[`;M!<<C>`86?9V%MG8.%$6
MV<!S1&K&E)KR$A)"&_T)N+Z.D/1236D["H#LP<.2`456ZJG@SA8VKY-%6L2R
M#[4NHX)AD4D*8`"N+098Z9\B=K1@]Y?^.2.Z&2P(J-36MG&,?)/(X8C4)O+#
MH3W0BD4$R<%6$QQHZ`;$2A@>L"H]CEV&>=L<KV#0X&]T1E#,4C/(J88#/F$X
MZ@6=*KD>D3BQ&JIK;C]MR*4<R1(:%(2NWUYKN9,<?<1$X3$&PNID#8(E@\,`
MA1@WVN;!P*V,'0(Y9KB9NA,@Z13GB*O2(TD<)K*"H<.)R:1<`JBKEL$@VH**
M<9+`!CWPS%,EQ0L;7$#SQQ#WCSS"!8-:%,3!&0(3<#2QE\01]-G#!&+K9=1-
M(YI3RNIVL2)J99'.B`#"=4(3`D9OCE>Q<;J!M>U[7M:]KVO:]NFU[?#:]K_T
M7M?_`&VO0?M!ADCOQ`BN/'Y)[LR/X-:.&8Z'XY<TM/,JRGB@-!$/.!9R3DLG
MCF;4CV*<GB7!+A8W$&$Z,,;7O>U!J%@;1QF\F,!(ZVH)\=,E4,H.#2>+N>4=
MCLB04QSHJ2MHCAC]\-=X.)JN="-8J^)3(8(UCE@?`&"ZE\,0Q10ZN+]K6E*4
MCE(S36B\D58.%]DQL3ZUBV[I88NK\ZH,!O@H)DE.%2.=LL.1QECZ9E8&X0J;
M>]QL@3&-P+!JS/D*B@5F/:24EHOM;CAA2&:B]PO=/'8.*2BO-%G=L:^NE`=A
M,X]RJ\Q%QN.AS8*F9%:)D39AO%Q38&&>=K`7"3`.PL"&"Z6<`FR)AB:VVE)Y
M(YP.1&EF34VDCEU@VK.8D:LKW+F$)-*-Q1%'-8Y7`""3C>>65L2P]PP_4O8.
M!EP)-,(LU10L%UE.7E=',I4A--0*JJ4UQ30#E4$TR45A@#Q-`%(CXG!`LL\2
MUP1.TOCU,N@-C-]Q(#L1R3A:ZTE.)"4L!!$]91#Y543#N`(PI8:Y8\2%&+#=
M@9!S#SMCE>^`F&6.71EC>U@KKYB/5I;:?J$C_MVTZ"G/_P`L1D;\S7I4GQ#J
MS$"@X==T(NX)ZW%D\)\L)M@)S*B0OBN-5BX-]P.E+<KE)W4P!G"?Q)$Q[XC(
MZ?B'?/+,0.P6"<`K1WRB+CY86N_(#$:A&TD:_FO%_&:\<>[$?&+^A#`D648_
M%%.,AT.3!-46,5,BM_N<SV.?>]/)9VZ^68G5";+NWSB1BSL>@5RMF1R:RGRE
M!T-#N\!);:@T<GYL4@KB_%I$`$BZS#T'3E,-NF2YTYBC]@F#=40S?`I84R$$
MA5*>(11BKG.K$OQDE$V4=+)[P-J3Z;)$LU3ITL=.%2[B',J802-F.33#0V/=
M%P[7"*#Y]/5!%O@'%<,Z1HB*@3?*O)DK#GQ<S';BDV0G^R$I;2K/QP8MY)4#
M!%=7TT4Q80S@/W.4`L(>412PA<F".9M8*X<T:=(4+MS!XC2]&.#1$1BCC#=-
MWVU[MW-NGS*F4)N#%;Q5+IN2&8,HAW#$WVO<][DQ_P`O^I$ZH=0XIU:S<FN(
M8,'2G"HN.:F5*3]:;@2PT0PTBJ'$0C!"<]E@\,MEU0(X;$DM*[@Q+$S09C$0
M7++,/$*][AI]O[KL%TR*AQ2@,Q]*#_4FPTWPK-+$PP`G(@,5Y2H[8A3WOWE%
M?.)QTM1"<C*.F%XVAV4[(2?D7%-XX"#X`T'61KOE%TAFX=Q-LN3X_1)^?\JQ
M1$SM>J4U;MERR?#ZF_2#F81L^TGBZA6TX5<K%S@/(F*D$5+JY-*&[$6YCJ%\
M@F]0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!00<4=*DPXY]S'V5>221D#:T,"S;>XD8-99<,(B`0*U('N&@&EXPIXN
M=-.IK0+J!HH/B4",###@Y?U>>/4#2K#T76&?,$1643:JX4".WW/4V.&5B)M*
M;*2]0IWD,[)1W7%;8AQ=>;R7T9MS$F-][EEDZ=MU!4(N7R',"F#MA0DG(FL"
MNZ):D>4F=)>+,O-,)M"!Y70U%F`NRQ]K,5>DE8;JZR5*[A0KM-W`E)<728PI
ML!8(#8"%1+E+9ELNW#4LG\?B+*LDCR>M/='2':G,J98T:;Q;,<%4&0\(NEV,
M5Z.0(CDAW)SH+@RU%C"/+]W"E):H1Q%"7B)$QB9"N`+W2&?0GIR%&KWB"1'O
M))Z2G'`.NN&M$/E2[8),QM-1FJGB_$?KD,)02JXE%8?3_%BMOX&S8I[$H4*I
MM@2A4"XYG,<)K4%>W&9_V\2!_&GR$?SQ3_0</C@_17;S_P"XKNU^^56H-V;(
MZS`[!N2`W&87VR0Q@E_/%_%VV\X[*22TWF:=\.R)#8B6X44XX6]C8@GI,DFS
MN'4$OGF;+@VO>P=A,<PB.S>,G&)2T28LB:'(M(L0E8/4##47F@@G5)XJ&ODH
MSY*[.:[87<UU(2(U8P@NP2H@IR0$3,ED)&3DDN5&P!*#8&0D%K#K@XXDUZ=;
M12%!6B=[O\V\UIKDE`=N2,8U[0UP\JCQA$Z.,7P";SG:L))!X(D1(V%&(VQP
M%`"'%`OB-F$>%#BE8^2;(:8UGPCQNE20:V&4E%E,&,BZ1%C66=A=>R4`N99C
MJ/33Q/DF.:-8EQG(JA%#'<RTNFQA<PP;BBY"AD6/'&KFY(-2&X)ZP7\QG?%[
MB!2S,2I1?#%)B;9\ULVV6\8$!>'>^_44U$PB9FBQ(ID*3[,X-@,I7-&C8=0-
MQ>I6;4=+3"E5.)C&I`6W9'DE)$5DFQ.L=(JHN2DZT=,M,K1>2`ZW0X6$Y)5.
M]YCQBX"8,E=NGJZ4JAJ2D(:"U4L%D`7+@9C"&<P0`@LS`V(.`IC(,/'#(87$
MN&"!B(+>W6RMAAAA:]_@M:W1:@]U!CKO2UM<:CE1FTY!6<XU9!5TY`=P"826
MA6NM'2`Y=+<`:,HWLGJ^2.=$P,=RCWL"8[/J9WMCE>]!5S;BF9*:XSCE:;L8
MS4)N21'FZWQ$($&-]?UM5F])C+8[4DI,:\&N9TJB"Q7D\E./4]>,K18R.4%6
M,S(AE,-AFC&`H2BB/4S**Y8)2AXQ!G!W';;+&R$(U0$W`2VU6P+5GU1Z5(-<
M-YXW9*@U<$PMT`_\87&R%$Z@EK6H-'._C>27R^7=*"U(:(FR0]41JMIXNYG1
M6GM,:4DICS]&,WLI0F]%3G9=O2<\F(FQB&V$):S*D#J>E*ZE>^0UC&`((8>X
M>,)77SYJXNQ`@2!FMS>X4]"RB1*SLD*4[IFXR([+%C9=Z$PSY8%+V^-V`N>`
M-F0AD$"X(P(!PT7N&6'.-A!.KKQ,J#S8[G:KUC%I-0\UGS!+9<YA#>S;AXA!
M"FZ&8[`W*D.-G,YZ1TG8!*:"GB@GK',QABBP5Q,&`A0G+"$9F8<BQH1H;>KG
MD,9J%#Q.SO>:@=5W*J%S2NH*10%36%4\JKBQDDE#N!((XI'3ZJ:!+X"GC9LW
MF,9%"%',1ZM+;3]0D?\`;MIT&3<LGJQM^_X2)X_=VO4$[FY^CR%_T9+_`.1`
MH(#O#C_2W#L^Z-ND:3!VM,9AW1"Y8_7"S&2%+)F(\?LM=C=^Q\KB&U7`P\V+
M,C'<QP!1*99$!4X_@4/DQ<#10+.@UHU.,DXQ"[*':<W()5RQLZULLUW.JZ_L
MA7/.R$7`WI#:9F*)TQNO%!)B64E`D@YBF.$85-Q*F0K#")P]CBL&HAEZ'QU$
M41;5S^,EHAXKAL&U)P9BJ:AIJ!R:B)*3L$2V4<,6N>3B2N45'HTE&02X@:5T
M%4ZR.GBXX"!'QP03&`?CKXWFV?0`T=H2-@FXIFP#\F-NH4A1NV92C1,9$FMR
M06^[H#.QT<.MPFL1H7,2TY51&QR-A#I2DI6M;MB0>1(4)$/[6TPLO?7Z3(Y>
M9!@O37EIR%'C;#4V23<K*6&%)J,RDYR(BBTD1:8F:<:)J$;H9Q.'3CI0(I<F
M(!<#,`?+#$-1O?0M$D`W"]G*\TU0*P4[HND2.W->/T\C,+'?K*>N3T?ZQ'\K
MHJZE*+51IWO@&DNA'S)G4XRAYF">(?4,7O@'#B[08!GX0(D/J63L@,O6Z8I=
MG^.&@GLI/9I4Y+<J+TL*95R/51LN.0^NDX\3)H72J*1*732W;B@FS=C0Q8#J
M!8=0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!05[<9G_;Q('\:?(1_/%/]!P^.#]%=O/\`[BN[7[Y5:@L5
MH%`H%`H%`H%`H%`H%`H%`H*TN8CU:6VGZA(_[=M.@R;ED]6-OW_"1/'[NUZ@
MG<W/T>0?^C)?_(@4'<T"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4$$^2Q\[;19I1.\KZ0%F4
MK[$Q4TC$CM=IOYJ*#Q0WNAM#*RP]6D62$I>;JCDY%-I%SF23<(>^0JD$"!?"
M]AKWQ#YK_P#Q8]_^1+?%>V`M*:=#*#J+%;HDU[*RJUXX6$AVN_8?924G3,BD
MUD5PFWD?306VU1'.K'S(6),4P4+&$LOD)E8;M:#Z)>-[]%=O?_N+[M_OE5:"
MQ>@4"@4"@4"@4"@4"@4"@4"@^1[_`,K_`&RWOU)UQ9)J%"$6+VHT_8&89F^[
MF8:PM/9BR,74`WLRE)-<I%T)Q`FAOA'1#1;&PY$6Q4TDY6[2^1T+'`-_,.>]
MUMK/_'5VOV<WF*1TAR/.NIVPL@1^THW9:JRB#>AE0C94+L`RME%ARN@TH+3Q
M+%1ET,;$8,.R6I$P^SL)@)?(/I);?Z.H'_14O_D0*#NJ!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0=*Y#PZ6W5Y3*WPL:3D54/%KB8]?"PY0B.8!OGATVZ^':!VZ;?[;4%(FG;8Y
M2-I]4M<ME#_)<R&6>GB%HXEHXT4[1",U8@V33]:J8Y!T$DJ')3+FU(JE"*%P
M`QQ`P\Q<<+998XWOT6"2'DN\GOM5&I^`"*OM9H%]7>3R]KVORJ-.]K_!>U^/
M^*KVO:_]-KV\;-!&[5SBEVZTOCU<BO6WD284;,9QR3(,M*Z*FZ`13D&:>LEN
M`PX'"<Z]I5"O@1*=H"GII?HZB>D$2A,._9%\*#/HIX^>02%R3X3V)REHQ4M(
M<IR%,CFLIZ(16HYCOF4%\=S.TT4SO*0%RJ:.K&<\BY?\OL`^C#K96MTT&T_)
M=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J
M-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5
M?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)
M=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J-3\`$5?:S0/)=Y/?:J
M-3\`$5?:S0/)=Y/?:J-3\`$5?:S01WVKXM-R]UH(?.MFQO)(TWQ$<AA(^#D0
ML-#(O2SW;H"ZFN1%4$E8+ROD;2%1-64D`4(P#T"8]6^/3U<LK7#*I4XZ=\IA
M@Q]:X.ODX:I&(Y"C9:B1;;;2T#B-M=PL-=0!FN:1FV(5D\4N@6)H@UP2>0(-
M\2ML<+X8VZMK4&V"^JW)P5+@%0>5-J8@E@0@`L?1_P`46ZH8.&(>%NC"5\,+
M=&.-OZ+6M_NM:@]WDN\GOM5&I^`"*OM9H'DN\GOM5&I^`"*OM9H'DN\GOM5&
MI^`"*OM9H-P<:4Y23LKHCK/.<P*2.L2=(L=AK+U5D!$";2.I+8"RKI1@\GH`
M)DX"D`&L$_'/L,11,0[WO:V5Z"<M`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H,9>OZ&NW]65[_`"HU003X
MB_5;<>G\'.O7[L6Y06)4"@4"@4"@4''-Y&\2AK(@$7&/8EQLB8)L<0J4%-V#
MRN7"-&02YL8N7$&Z+9YX!"Y88WO>V&5[=%PJWAODW3)=C7;_`"&B>[!V7TT#
ME)5?6O3N>YDL2?+$82H\B33EZ+I)Q8P8KLA^5,&,?+IZT&@VS3EDH93CQ8(8
MOUA0V0)NXX&5N&QM7)SBYJQ6U);@=S3%#<[^-8RL-*17)')<FIRW#X"2IQTU
MK(#UCMJ&OC&)<TH7#/MP,4X!CTE#P14,,6>09P-9&U=`?\8L2*WAN7*+[9$$
MY2!+BFD1SFV6NVU]Y,Y>?CU/1DEG6R_IC:J.7--QG8)IE1&%/V+"F,#!4SA@
M'-?^[\VQ\Y-/V`O:P("%(FV$]S1``:"Y9N/DD=B*\3,R7Y&2WK@X$B'5T9XL
MB1&-$>9U/%#))YL#OL5P&`Z<1NH$WXI=;\=J.OF)"9[59ZPC.]:;A/!E2#E)
M+:7DQ)P)X67"*Z8:;*4"1D-3%-)YU/-)P0Y(\0&#OD)CU!,@CZI[N1XD[T-/
M1<ZAKH+K>4-NN3$.11.IBQCCS:!UO'E6#RYCLKY#2>#&S@P=PA3M,<@T#'$>
M^-\<[7L&Z3.R.O!-^&8M-SQ#9:3"6:V$=CP>364$]R0K:;=GDX@SC5S6\5PJ
M(@M#*RJ<Q$`QN53;V,B=4&_7H.%;:#7"[2.OW&=XDS9B:X##34'*'(#7$2"3
MI*).2^:;AHY@IY!@+A=O874LRN70/BFV[KOCW/\`UE!N-&64=QI"4X&\JIJZ
M@KJ<26$1;1CQ542%A(4BP1U.5$I2)"CDE!.4"8V`H`X.>80H6>.6.5\;VO0=
ME0*!0*!0*!0*"K_A<]5QIG]%H_[7N:@M`H%`H%`H%`H%`H%`H%`H%`H%`H,'
MDF3(ZAQD."2Y:?31C..VH6`..=]/QPI34:3>*&3I9-+&5IP+9HDE)H`Z@=!`
MPR&%PQR%%PPM^5E:UPAGZ63B^]H?I7^)B'_"Z@>EDXOO:'Z5_B8A_P`+J!Z6
M3B^]H?I7^)B'_"Z@>EDXOO:'Z5_B8A_PNH'I9.+[VA^E?XF(?\+J!Z63B^]H
M?I7^)B'_``NH'I9.+[VA^E?XF(?\+J!Z63B^]H?I7^)B'_"Z@>EDXOO:'Z5_
MB8A_PNH'I9.+[VA^E?XF(?\`"Z@>EDXOO:'Z5_B8A_PNH'I9.+[VA^E?XF(?
M\+J!Z63B^]H?I7^)B'_"Z@>EDXOO:'Z5_B8A_P`+J!Z63B^]H?I7^)B'_"Z@
M>EDXOO:'Z5_B8A_PNH'I9.+[VA^E?XF(?\+J!Z63B^]H?I7^)B'_``NH'I9.
M+[VA^E?XF(?\+J!Z63B^]H?I7^)B'_"Z@>EDXOO:'Z5_B8A_PNH'I9.+[VA^
ME?XF(?\`"Z@>EDXOO:'Z5_B8A_PNH'I9.+[VA^E?XF(?\+J!Z63B^]H?I7^)
MB'_"Z@Y)+E7XR5$X43R'(-ID=/GS(!,D3*[)Q$.9-FS0N`!8L7`#=N0@PXXV
M>.&&.-KY997M:WPT$^Z!0*!08R]?T-=OZLKW^5&J""?$7ZK;CT_@YUZ_=BW*
M"Q*@4"@4"@4"@\!,LL`Q,\`\A<L,,LL0L+X8YBY8XWOB'AD)F&';+.]NBU\L
ML<>F_P`-[6H*--@^.B89XUF(NN-^]6NV^<3JNT1"*W@I*R4Y6L_H?GV2'XO/
M#7Z8C#;$,`.&*959KF+99@B8Y&6NZB954)7OF4RN;"2G)IJX^-G8-@5C1Y&R
M`_G+&NUVKLR&L'&NH*&&B,:*I)05:62B<IJ^5NV57S$MUQL]S!6L"H%E@<L:
MSP*C"](;?W+B,Q/K5:T2OC5V-MJ-<7J3=!2=8P?BPW$YQIA@$HC&H\<3`"<6
M`3?.N%'6,#@8@EE9&,D<1,390[8<`,(4*KR/'AL^W&?QULYX,Z^R3`U4V]V-
MFHZP92E1MO9Q,/6]\Q;.D:0!`QM[2'EEE+SOBE/DI'Q'4#F5BP0"<(``<,V+
MEA10N.UM;KD8,?.QNAP$VH'9Z`[76;BN)6HYD-<-F4E=,CO1=65(TDF,&<VC
MCLD)Q*N19+*#9E2):P>>8V-QL@2X5A3;HYL\\H4CW8ADAN'#?Q@;9-#<5!BE
M>EIJ@0R1>^;DQ8\CQV9>!5!'4+L-8U14U)B`&`A!!A"]R@XA6V>&6&`><K:$
M3Y,ISEG4TAFL*+WAMN'KDZ-=7DZ51O+X0J_$,*,1JN1CR=9K!'UU":3R<S5.
M(BKD5R.XG&XKFL[8WR$R+9AG3]BC<&4SD02ICI?K_#CQ=<O.9;V%2VC*;(59
MZ2@AM=%J%FS(Z7L#XO2:9VIO$4NWE85**YND)A!!EB9BV8QA.`"97'+$<E:_
MZ'ZDP1,"`D-F2H7@2-HJ=R0@N0!VHP:K'[9(-40VFKI8BG@FR2G@E8F0L;!]
M((8M@\KY98WO033H%`H%`H%`H%!5_P`+GJN-,_HM'_:]S4%H%`H%`H%`H%`H
M%`H%`H%`H%`H%!5YS+!!#<><L`CA!#@BR?J0&*",'@*"*'GN+`>.88H0F.08
M@>>-[VRQRM>U[7Z+T%AWBUCKY`LKYJH7YA0/%K'7R!97S50OS"@>+6.OD"RO
MFJA?F%`\6L=?(%E?-5"_,*!XM8Z^0+*^:J%^84#Q:QU\@65\U4+\PH'BUCKY
M`LKYJH7YA0/%K'7R!97S50OS"@>+6.OD"ROFJA?F%`\6L=?(%E?-5"_,*!XM
M8Z^0+*^:J%^84#Q:QU\@65\U4+\PH'BUCKY`LKYJH7YA0/%K'7R!97S50OS"
M@>+6.OD"ROFJA?F%`\6L=?(%E?-5"_,*!XM8Z^0+*^:J%^84#Q:QU\@65\U4
M+\PH(]MF6=5'=(Q^+41'9([K(&CA&Y<5GH(`)DT0*-D^:Q+8B%;'KE<23U1A
M`S0@`9,?!7(W"%S[M*]L$A/%K'7R!97S50OS"@>+6.OD"ROFJA?F%`\6L=?(
M%E?-5"_,*!XM8Z^0+*^:J%^84#Q:QU\@65\U4+\PH'BUCKY`LKYJH7YA05D\
MRS#8R;QA;BGDYF-,B=+1@`(6.$VXCEC1<2SN;5K"`#@DL!01,;7^#+&]KV_V
M4%M=`H%`H.I7D\170EI*"$P"%4TE13PQ1+97##$.DQBV`F=L;7ROAAD+:]^C
MX>BU!2]K)"G,9J]KK!VN#8#XS70W8*BIBQ.B.5:<^TY!8<"6PVXGMLDLJI$D
MRC!,FHJ8"?B,.$#GD%@)G>V'Y-K4&\N[.:GY.\77SSVP\`Z!W9S4?)WBZ^>6
MV'@)0:5@2?.8C8)DK3Y;3&XST1/1)7FV)#!-8>^TPIL99@R7WK#B\JA9$V)<
M*R8MK3''.$\;_P!;B4'#L+;$2V>-@W5W9S4_)WBZ^>>V'@'0.[.:GY.\77SS
MVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[
M.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ
M^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z
M!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.
M\77SSVP\`Z!W9S4_)WBZ^>>V'@'01/WAW6Y2=`-7)8VRG)%XR?B!%"(7/F$=
M%>NT?QD=RZK*1-#:[,:X*@RBY0PX'.OJ)<J!VF>(07:9#"Y8`AB9XANF'YEY
M:YYBF.)KBS#BQ=$;RPR6S(3'<!1Z;7W!5FN[4@HMHQN^'Q$ZX`^9(YA84'.U
MA`1;9!YVQSQRM8-C]V<U/R=XNOGGMAX!T#NSFI^3O%U\\]L/`.@=V<U/R=XN
MOGGMAX!T$@N/_75W:EZ:Z^ZYOU>;;H><4,4)N.5>9X:H$UU)7$55-5-C(."T
M"75K)F`BCU`NZ,,1;XX].5NF@F'0*!0*!0*!0*!0*!0*!0*!0*!05?\`,CZO
M>5/I2U&_G&@*@M`H%`H%`H%!U2Z?-)2&LJA)/'5CB:E*)\HE%KVL94S1,H,8
M`3R][]-K#G10[!X?_NRM04F<=45-_>?CBC#9B='R]5G8/:QC.N2'S-37D%WM
M1VQ.Y'.XG,'@PXI-(Z\2!C1J0F&%@WRZ(3Q`)C62A;J81HR8/"#ALTMR,2;B
M[238-1DQ#`>'*PK\<J@;++[@+9&6W>#<I?;\J$L1$XSB46L#/53SJ7GVQ>^%
M[C!&+7M8+(-(-/DIWA>45ZSRLFP#JN32]L]H'1JA'*6<F25Q%!J/5GJ>V22J
MNYZ9!1+@5-M`R)KTGCE@R.?=]PE`QAF'B)@':@D<Q-VMH)'>Y$BQ]=6F\6&U
M)DDG6V=W8FO`1&1XTDB+&NJD7/)">O+PY=1<T:X38C_%P-%#0L',(DGRJR'B
M+TB)^(1:8/,E)B=%+$FN>8/CA#9DN\=!?>>/TR.Y#<:DK(ZR1D>%(J4HY?JJ
MYFDF)1%%77)/R&:+K18//%((%3US8(_4#SR"8<T[6[7ZT)Z>\IIBR#,8@0]E
M(7CR2)2:K[<>>*+K[-`:"U_'@(S%$EDHM6\93(MV0EH!0.#$QD+`1P8#@!%Q
MR&(1WVD<6V,KDX6V0CJ&&?M+#3(<&Q>;KTG09(4(\D&8X04W.W&[#VS<=&UX
MTF-=V2HS49IGSR<WE40-)4$UWVN2-%U7`J)8(@-N>\L9+U&G[1@\N2&A$^+G
MD9=*4E;<O&6$5>*Y0OL[KADN,"7D\;XU.HU*D8.7%:9XQ@W<4X6'L.*(;-!X
M6#'"<0G*<\C:MJZXDJ*&3>.-A'3H@V#:``]55SR6U2N\+0`6R#F=1MNH6;0C
M?"/EY:($RB2N7P47<5#-G"5RP.(':AZ&'R-[(N5/(K#BA^&TE/DC;N?=)8;3
MVB[WN]'8=E77Z1=A4US/%S(JNWV$D&F6H1I`1P\2(E50NJF%82P%^S`S[4(.
M[5>1>>8\/P"UME($;>K;@E92#:AUUR4J.!T0<NR#X\C<<$(Y(S!'P"XW(9><
MD1<`3>#1)O;N:RN86RZ#<0,\5-"W"73#TL:K#FISS*1=BN8/NTZC#+Q$0KAB
M.MI;21F`BL)N*AO(T*3P2F.#&*2,5%)E"AXV/B-W6..&+<.P35H%`H%`H%!5
M_P`T?JN-S/HM`_:]LT%H%!KJ6I`*Q='+K?1H*YH1$3L;)9"P)PQDJN%4-%T=
MLH^(*>`9.YY+#A4"I6W9!YYV[7IM:_1057!;V3@\X(U!<2$616],[]V#E'5[
M9)J-2.E>1\T268?@[85TN/&/&LKN-G+&"$XY`AI-4T:ZB.&(99JX$,)F%F)@
M9#"3[EW">L'Q?K2I;%0JJ)\MRE&:F\)G;D;.)I*;0AE5C>.$N09O$%67&YTT
M=>0F:GW4LR>*?=1,GK$>R#N)F('F('N:6])%Y+J>TDR!YB*NX\1R>P2"MEVH
MVQ5&$@U.,4PW-3;-.9QHI=P-1+%E0KW67QN$=P$250,,,7,$E8^&,).]X3^%
MBU6940SE@WY&<`QB+S>;99Y)$GUM*NLLP3RU,&RJ.MP)!U-Q5"D<"`Y9A!6N
M65KD011>XC8I@,.T(<AC!<J#'"['D82I)OC1;)9^-A'8J4F+:X982:'#X,C.
M+(H"IV+%A8N79J34Q7*F1B^6!\D?`QS[4OB&*&^M=]D6EL>0?YYK)BHABQT^
MU*/W$A./,J0=R*O)A8L:,)[K:`H@;B9JM8N;#%P+*!<+$T4%!.$Q31(P`9$#
M0'&9_P!O$@?QI\A'\\4_T%A-`H%`H%`H%`H%`H%`H%`H%`H%!\O_`/Y0NA.R
MN[FH&:^Q9T8,8Z\ZG,V3-DY,CU91G2H.B6WNRVFI"-LL`=2L[)!$BW6YWQ!)
M8CXY6R.JV8@O1B"%EB$@../6+;GB.XSE[71^S9$>PCT1E]8(Z;'PD&0TYO("
MM*@0JFB,F0"V0)YPG&&UGZ=/+YH8@'8P70Q#N%K88EP>J&VI`WYV&D%EZFN_
M5-GIZP\-A]5]FI3+PZX&0;6E3'8>"C<)(!"%G8L&'4S;,%`(2.^EMM.E1,Y8
MYI@Y+$?',/L<\!@FY.>Z<?ZV+[-;LQ)*JW,W''+RD51<6.86#/+@1XU5EV/-
MLM=P*>*<2>;W24E`,F\$(OD$L'$ZW=94L.$$:[F")D_[P3:D(KD7V*SG!#^:
M!KOM4^0F_++%*&C2VZX5>NIF#(>S=,8JP`ZE'[C:LVJA7/$4$L+<[AE^3:Y2
MUQ@GO#VQK5F5_39'B,EJ:&X(,=034=*6XA"J8XKCF%)R$$Y9S:9G,%PD6NYB
MK<NI(2MD!FE+B4;"&)F110S@!4)#4"@4"@4"@4"@4"@4"@4"@4"@4%7_`#(^
MKWE3Z4M1OYQH"H+0*!0*!0*!0*")S;TEUY9CA=:PS&TY6@AOMUJ[]>L7-F1I
M!184<[X<)^RJXW4I0V1<H4<X*;H5+7-*^`"<"56#>>9@\"8'$$$R#'%KCVU/
M<$IG)C4X]7+O4Y-S8V3MW!*$K([6(SVTV5>.D^6$EBH[U(,Q(>9]EX`IZF:+
M$`[JX!8*QVP]\;WR#F(FA&L;<9<-1ZBL]S$FEK],ZUL'$29C*$G#9M"7'$:>
M)U:=8:@8=PJDKV/FI$7\\B)\8TG6[\&K8@6QSM;$.05T0UC39T?&QB,R%YOR
M?(YK-9>@K>DN34-CKSVR:P;)QE`W%*8[RT7>-L)I@AD<'1BCV7,`@0\K&;"8
M8YV#&$GC<TV26VTV9:)<U9ELG6UX:@-YFN9\2`ZFL#K8_C"(:=<4*"&XG0I$
M%Q"5##82\NW.X&#X/>PK8(QA8'&U!KU^Z-!M;7T[J=KBTV*<AR<";BC+9-P;
M'RC,TMR"2AMRLLXSC&3)47P-(JU(*\B(@MDY(1EM;2T9-!RQ$#SZ,1`1@E`Z
M-68?<QJ.5(%/=;,6HC8JG&4;KD:R&^XY46JP%KXJV5FH7LSW"D$5-&.8LA*M
M8(^";L!D1#S![,2W7H,##T'U9*"MH5*CQ00;-"&I4@%`"07[(20`5BZ<5Y/=
M4P(YH,FZ`K*ZU([K22JHK+9SNA<-J1?$UD<[>^>>0:V)\5^DB>*C9I\9NM/+
MH"KKNX4I-(35-I!)+NK5-$0FI`[R$2R<A`$C;S8S):Z:A8JPV`A\XC$02AH4
M8+#HH,V7>/'4US0VXH&7(]6CT=N*9US8O$+QER<5=C6G=Q/52DA5EB/9#).\
ML_HY>@S\6CJI@:0U(AV)@Z8Q#QQ!'%"S#M3&AVM!M-0T,\TG0IMQ)1FVA*C9
M6Y2E!P-Y_DV@^S\H-TW*B2O.]3*R>OD)$5#"QFJKECJH;-#9XF3`P.>0603#
MH%`H%`H%`H*O^:/U7&YGT6@?M>V:"T"@QIRLYLO#O!\9D<JL?%=RI;P0+&NU
MZ$QS(G;]Z5@"P8@=KFR%S.=P^MUL;7RZ>CIM:]@UECK1`N+S$D/"+6K@]AI/
MPFD5R8$Q<%'.6@V+XL,9$R$Q'MA=V>+C_P"A7.=7M<DG_A;WN#^10=,]%O7M
MS3DVHZ>B60<<V,*,7A+#52SS0<2L.CQNY1/%P\U9.50T@=MF`UZXUDLRG]T"
M'#(>?5[#+#+IH(ML%J<<0!J(&Y'43-R^49+2>L1:(@Q4_P`8&.7%),?)<HH[
M6-*6"#F(T##ECI)25,LWU7,N6Q+%D@/$M@+@EA4'>:X&N/)QJ\:$=?VNT&^K
M.XNL[:0LGBL![QQFY4MQI)AM+LK120>B$W`3Z,$B2<*5-`).%P4HLXKV%+E\
M%&UQ@DNLZLZZ.`&.RZI#$?#`1,['$^(W"+MXFGX,]SO!6.+SQ/H^*=@4L$"\
M%L\(;5RN76**AF^(AH(7/#"^(9ZPHLCZ+P%,NPFJFMO!:,%#"J(3L.,:/Y)Q
M()-2@#!TZ,9.9D4=-!P+$BW:=SDB^-@@,`\+=6@AKQF?]O$@?QI\A'\\4_T%
MA-`H%`H%`H%`H%`H%`H%`H%`H%!7QRR>K&W[_A(GC]W:]03&`:;562T=.I>2
MR9I78)')7:ZL:$%#S;QM5;`R"KGRV5A@P,!#*$?,%A,\[9=``PF-NBV672$+
MH_=6A*,[H[D-@M`HC.5XO,THQD^"D9R&GDE]8W0,N![*KV;#C-H0:$:0)[4(
MP-*:BJ!#=RG31(`8WEB*,5R%"83NAR*)`<)5P/=CMQVK*>EXIF&#@*XJI$1+
MRLL!E@%)!.9BHJH&7[\G[%LC18;("YH?LKX]H)TAJM-TVU016<GL!/A5A%F:
M@LYU,LB@YEAAR1)BOQ0;BJZF]G<T<&'S;Z\;8B3VH(N>05PD<H%CT!%0L,`W
M*T8MCYB*[C<#2:Z<CK;M&N,X%8&YDP?4<;K*\X[%+FC@YD4LF8.%U*A_$H#<
M,K@=4C0^(=A3`N689_0*!0*!0*!0*!0*!0*!0*!0*!05?\R/J]Y4^E+4;^<:
M`J"T"@4"@4"@4"@4"@^?N0`W,J<GO((UR403#L4WFOIIIP_6W&#/G];CE';;
MV>#@VR37,J(*2=DYHE4Q;D`BSDL`P91R^9KI2`;WQ[6X?:!(";N0!U:JEMO6
M&DQDF2`E:01-H\ZD-;<4D+V3CDMM[&/E[Q0J%74I#M53&(/!H"1UF>N=OF>P
M5Q#5\1K%L\<\[AQ%;DKF!O+.R*LNP=%Q*,(3W)0]$&HI!2^YQWH_9SE5>UC0
M8153Z1G%1=`:D=J`NP@@CE-"*!@ZEV3.H2+J-Q,<L@F!KMLFYY;E;:C6R2VF
MGLZ6]8%F-RJVX&.JGU1COIBS:QQWG'+Z:0ZTG$5=`5PN]ZHEJB2:Q-9$5!*N
M,&9,%C(&5@K;2-8F#Z5AXZSX.Z>PXJ1>,2(I)2$VVR<]YJ1"53FS<OLX[*8:
MF+(H@H[\/(;=(A#G!K"8&,2V.`@>0=\L,@V43Y*=CK([DDM9UZAHA$;7Y`DW
M0,SD0FQY*LAJ;L-;H-_5(V^R"0)#Z8WP&Z`E.&RX$",=Q-"F28A/+`,,4,W8
M/!_\KKCCY`E9:=D6-IC-F+-O)\U87IL<BD_5N"&<<BIE,IU1XXIH<;19"DMP
MVWY>4GI9+R7SY4PW6X.2S$.&Q.W+!"!)+4?8>=9EVIWN8+^$C3**X)=D"MV+
M0&69/'U4(K).NT:S,9,J*U<MWK<@1X=_#VN<!&L%U0`<0`NSZ11`L:H%`H%`
MH%`H%!5_S1^JXW,^BT#]KVS06@4"@4$.)+@Z3_*:1]DXK-,-5/"Z[NS7YP--
M_JC@;Q0EBI/Q!?K8>J0JMYO.<92[W'"ATLH)0P!3NH(4#,$Z!D%GB*&B[Z-O
M-'G2*)=82RUF"NQDFQXQ'(_V>YWDWUC86#F-$^35'B'8&+<4A0CUZC#/LT,>
M0G*(.(L-0E8+$C?IQ&!-!QM<M')-8QC0L27':P\B>@\#+$:,\A'7?]0,2*_W
M9'2!%B\\W&L.)*01$%IIK21S/<:$`7-YF#Y_`R.<MW""$(%HE`H*]N,S_MXD
M#^-/D(_GBG^@L)H%`H%`H%`H%`H%`H%`H%`H%`H*^.63U8V_?\)$\?N[7J"<
MR1B9S::9@3S!#-YMXEB5$,89"EPS.2:%8#,</&^.0@.(M[7RQM>U[X]-J"HM
MO<:;M2SB>G`>+!NPP:EB"I;<VK!1S/EYZ_)+T90DJ'9G<</MMW-K*\6-^63+
MU2@OB65"$;0&26(;Z,3!D>PP:K.<8VSBJRPF>KOF#30A?592UU&7@5>20#[B
M,GH;UP9*>ONCM6P94E$9M/:$#QTJ-<_?"Q%4`N`4)G`C@Y\-OKG'"]#+DF+%
M(-,1);:PH`Y08XVB_P"0V$]8U8RLL1$X%"(_B5BU7A!^;5CYQ1?B=0LU!`7T
MU3+98)QU'+@CJ0YT+28F;"\R(LC9F.E10E=S-)A-!LN%5:Z'@V&TI+2$@)Z6
MJ'V^VPQ1PT!%-G2N8A4ECGEB5!RQ#Q^#&U!L&@4"@4"@4"@4"@4"@4"@4"@4
M"@J_YD?5[RI]*6HW\XT!4%H%`H%`H%`H%`H%!$-=TGB!9F62I_*KTS-.5I=:
M+-83]<S&FJ1F?WW9T>"NDPQD`!+0UXHDI)9K&WNL#%!28`!G$91&SR%RRRM>
MP:YD7C#T^E(N<(.UF/C-(68>BV"W6BHDRRZV4M]L&$72;><26?H#?>B=F\'4
MP7&JGS)!</YC+&(BB9R$,9Y9VRQ#/3.AFLZFQ]AHX7F>N.5F;1R,#+LOH[A?
M3T5,U*3R95GE$I]ME6&7._;%<Z%:/$`9.-HQDB,0.(Q0T7N&9#[;(-T11"##
MASXV'&L75U!SR`KIR](+[=JVH.E]/E71D!,:B&;<SE5A1CIT-#;*,5(DB^'9
ME2H`7]6'CF(+F(&-E-9HL)[*JNVH)=S^.M:BM+A-061'@XA4`:+T1PJKN2&K
M@S<S]VL`"GNI<.J`9G`IB=[H-"=8:X=[86#5QG0+6\Y$4F0D917J(R)6F\[L
MFX!,9,?8#I1YW/28GS->3F0\BRZ"Y6,XB4J)1==*][#)8L5.A]`06(668>0=
M&0XXM8T9/?":@D931"TGNV5'E)F)2<):-VD-4F]NMAJRR7>`*P[U,LLICX1V
M<G6-`B!_U9HO8V!<(W>X]PW1%>J\'PE(3YDN+&F;9J_(S<CEKNM-2W.Z?B6<
M3XH9R3'C%,E&&861F>E+*,PV\FH]CQ8D$:%3TXN%F)E;"_2$AJ!0*!0*!0*!
M05?\T?JN-S/HM`_:]LT%H%`H%`H%`H%`H*]>,N_3KQ('\:?(1_/#/U__`-:"
MPJ@4"@4"@4"@4"@4"@4"@4"@4"@KXY9/5C;]_P`)$\?N[7J"=S<_1Y"_Z,E_
M\B!0=S0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!05?\R-NGCWE2UOAO>4M1;6M;
M_;__`'&@*@M`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H*O^:*W3Q<;F
M='P__P`6@7_]G<V;W_\`:U!:!0*!0*!0*!0*"O3C*_[=Y`_C3Y!_YX)]H+"Z
M!0*!0*!0*!0*!0*!0*!0*!0*"OCED]6-OW_"1/'[NUZ@G:V_T=0?^BI?_(@4
M'=4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4&E-B=?8QVGAQXP/,B8KJ\=/FR!D
MNDV^Z'&RES$PUG0B/1O'TAUM%31G*@J22YFZ3-@F"9H$;`0&W1ET7O:X0ROQ
M0:_7^'QX<A7P_P#^DV\7VZT#T4&OW^N'(5[R?>/[=:!Z*#7[_7#D*]Y/O']N
MM`]%!K]_KAR%>\GWC^W6@>B@U^_UPY"O>3[Q_;K0/10:_?ZX<A7O)]X_MUH'
MHH-?O]<.0KWD^\?VZT#T4&OW^N'(5[R?>/[=:!Z*#7[_`%PY"O>3[Q_;K0/1
M0:_?ZX<A7O)]X_MUH'HH-?O]<.0KWD^\?VZT#T4&OW^N'(5[R?>/[=:"#&NN
MAS#D';[D-B5T[$<@9]C0`_-<D.+DL/D1W-)#(29(>N#+D1U`&%(E-!=26<C[
ML6#!C',Z,8S`QSL$%?`/&V-@G/Z*#7[_`%PY"O>3[Q_;K0/10:_?ZX<A7O)]
MX_MUH'HH-?O]<.0KWD^\?VZT#T4&OW^N'(5[R?>/[=:!Z*#7[_7#D*]Y/O']
MNM`]%!K]_KAR%>\GWC^W6@>B@U^_UPY"O>3[Q_;K0/10:_?ZX<A7O)]X_MUH
M'HH-?O\`7#D*]Y/O']NM`]%!K]_KAR%>\GWC^W6@>B@U^_UPY"O>3[Q_;K0/
M10:_?ZX<A7O)]X_MUH.B<O#MJ@]D0ZUWY(&[[^:*KW-BMLY\\@NYKM:#@+%#
MA<^$0<#:79K/(ZTG9&BH>69<R"(")U;6RQO;X*"U6@4"@4"@4"@4%>G&5_V[
MR!_&GR#_`,\$^T%A=`H%`H%`H%`H%`H%`H%`H%`H%!7QRR>K&W[_`(2)X_=V
MO4$[6W^CJ!_T5+_Y$"@[J@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4"@4"@4"@4%7^H'K".73Z4M//Y.8XH+0*!0*!0*!0*!0*!0*!0*!0*!0*!0
M*!002Y+<]P"&DT[N?0YXE&AM&PVF-($;!GF8VGZ5>>3-$P77#'6+>=*<I)XJ
MH]VV4-D4T7'#$0)4$+7ZW9]ICD'S*?\`BB[7<E^Z2KL&]YSD]%ST[C)TR(:`
M;9")V`WCK_V;GZ0%>9GN(5=J6@%5LLD,O-TGE$X1!&##"$7DT$.UBX>05!]K
M%`H%`H%`H%`H%`H%`H%`H%`H%!7QRR>K&W[_`(2)X_=VO4$[6W^CJ!_T5+_Y
M$"@[J@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4%7^H'
MK".73Z4M//Y.8XH+0*!0*!0*!0*!0*!0*!0*!0*!0*#HW.<,)S:<*@4S[(V1
M0U8X5$OCCGV9@J0,#@Y]3.V6&?4$PM?HO:]K_P"V@I`TCA'=K:#3S6'8YW\L
M&V;?=4Z03%\K.-";$.:+@MQ'6WTT$IQ*:8A!*VJRLJ8)!(XH9AE[&#(XW98X
M]?/++IO02B\AO;CVO&Y_U0Z#^:-0/(;VX]KQN?\`5#H/YHU!IB">).3-9&<J
MQ_`O)GMC&3-6WV^Y,54!O0]H?B3./B2G(>=CR7!+FM33(V.:DL*&?9`XY6+D
MRN`14O@$6`""P#<_D-[<>UXW/^J'0?S1J!Y#>W'M>-S_`*H=!_-&H'D-[<>U
MXW/^J'0?S1J!Y#>W'M>-S_JAT'\T:@>0WMQ[7C<_ZH=!_-&H'D-[<>UXW/\`
MJAT'\T:@>0WMQ[7C<_ZH=!_-&H'D-[<>UXW/^J'0?S1J!Y#>W'M>-S_JAT'\
MT:@>0WMQ[7C<_P"J'0?S1J!Y#>W'M>-S_JAT'\T:@>0WMQ[7C<_ZH=!_-&H'
MD-[<>UXW/^J'0?S1J!Y#>W'M>-S_`*H=!_-&H'D-[<>UXW/^J'0?S1J!Y#>W
M'M>-S_JAT'\T:@>0WMQ[7C<_ZH=!_-&H-?ROQDS]-\9/Z'9.Y7=T')'4GM%>
M8CX;^,8Z,)-UIK.=.,)*XF64T?5`BJD.[4\T('VI<8(;#K=.&6-^B]!G9?13
M;,J``6`Y==S\`"P(0`.%XCT)SOB$#AB&'C?//4?+/*]L,;?#>][W_P!M![?(
M;VX]KQN?]4.@_FC4#R&]N/:\;G_5#H/YHU`\AO;CVO&Y_P!4.@_FC4#R&]N/
M:\;G_5#H/YHU!E7&/,\A2KHA&DJ3[(UWN]BJ[L`A/&37$GM1I9K*9%>P4LQZ
MEN!>)-=+;C02!@VHSBMS>94J5+6SPS$ZN/3>@G`PI!8LJ-!$D",WBV9`8KE`
M&-MQY,U;3G(UU\H7-F"`IQ%74@P;3%0GB<*"!V%`%S#RRPOT97H,OH%`H%`H
M%`H%`H%`H%`H%`H*_.4B5Y1A31^6)`A=\'8UDDNYX':C>?::C-IPJ37!DG8>
M*(V7U1-1W@D+[8.J`3;=IS$"QTF9`Q%RQROA>^-J#"?(;VX]KQN?]4.@_FC4
M#R&]N/:\;G_5#H/YHU`\AO;CVO&Y_P!4.@_FC4#R&]N/:\;G_5#H/YHU`\AO
M;CVO&Y_U0Z#^:-0/(;VX]KQN?]4.@_FC4#R&]N/:\;G_`%0Z#^:-0/(;VX]K
MQN?]4.@_FC4#R&]N/:\;G_5#H/YHU`\AO;CVO&Y_U0Z#^:-0/(;VX]KQN?\`
M5#H/YHU`\AO;CVO&Y_U0Z#^:-0:Q:/%Q.+$D"7)2:O*ON@EOJ=55GK<IK?BT
MT<-V<RFPF<FL!J&<4\YJD.FI'>QII!<K?`F$!@-V?:"6R$O?.X;.\AO;CVO&
MY_U0Z#^:-0/(;VX]KQN?]4.@_FC4#R&]N/:\;G_5#H/YHU`\AO;CVO&Y_P!4
M.@_FC4#R&]N/:\;G_5#H/YHU`\AO;CVO&Y_U0Z#^:-0/(;VX]KQN?]4.@_FC
M4#R&]N/:\;G_`%0Z#^:-0/(;VX]KQN?]4.@_FC4#R&]N/:\;G_5#H/YHU`\A
MO;CVO&Y_U0Z#^:-0/(;VX]KQN?\`5#H/YHU!$K>R*]V]0M29NV5:/*EM0\W'
M#[8)NM+:CTA_2#)JKXP;A1B`J6NV;NKJ`NV3S1<]GCG<H=+#X_TXYVO:@ONH
M%`H%!C+U_0UV_JRO?Y4:H()\1?JMN/3^#G7K]V+<H+$J!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!0?SR-G.)?EOWKX^&2[]5-M3LE:_`2'M48MH**<(
M0T"7%2]LIX#.CI+F3S1%L3:H*2D"(;#">!@F,2S&N$4%SM;`.P7]\4.E?)`Q
M..G4IF*>\#VUG46Q%91%/P,ZM.H:57#%YPBLK`)AL*BH[KA.-2'+"XWSL.:Q
ML(,&)CG\.-[7N%A7DK\B7M4U;\%>NW]I0/)7Y$O:IJWX*]=O[2@>2OR)>U35
MOP5Z[?VE`\E?D2]JFK?@KUV_M*!Y*_(E[5-6_!7KM_:4#R5^1+VJ:M^"O7;^
MTH'DK\B7M4U;\%>NW]I0/)7Y$O:IJWX*]=O[2@>2OR)>U35OP5Z[?VE`\E?D
M2]JFK?@KUV_M*!Y*_(E[5-6_!7KM_:4#R5^1+VJ:M^"O7;^TH'DK\B7M4U;\
M%>NW]I0/)7Y$O:IJWX*]=O[2@>2OR)>U35OP5Z[?VE!`;DVU^W39NGCN<TI<
M@RC,C!2I;U1%<<9C:MPJP0G66&VS@\J5)YO!KB77D.Q11'!,]H6M?//L.SO^
M3GE0?170*!0*!0*!0*!0*"M/>S:39W55'+R*SF#""_&*M,^J\%-W!XN-[@O)
M4<>QLTLN&E)T&P&^F"I*2W6,HOXH9P+7S&-J>!,SCUBUL@<\PV<:W+C^"SJ9
M'>YDJ07%TUKYQ24FBTV@Y%Y3L]6`,]&ZR6P[D=O*:=DZBF9MP.].33P&88P9
M90%_)&$`RQ%H-E(6XNKCE*-!01)SCTXG/V.I#EQG*=UP(JF.&-8D4RJ-*+Q3
ME(Y@7(B(\>J9X$%9SN)CDG9#8=OCA;/&]PU\[^0'65H.^&&,9=JXI.6<9G6H
M(;"<FL5\9&$9_-Z*C<RJY%Y%C+=+FVMB`QL"9H.QL,,4Q@IEQ0L,R_;C`AM(
MAM=KBI.EULHM,3)P<S*:*N_U]-/*?>NV#$;JS\6W(\T@ZIA%$]S-5LN.^*<I
MJ"8*<*)R@*&6,B!#"AX9!F$5S9%<V$G,>BYZ);LLR72<9#U3R^!U/7F8\")(
M@J&&R[FTL%$YPMA;ND*Q0Z&7/%0!!B)P`R';(`<(3,-IT"@4"@4"@4"@4%7_
M`#1^JXW,^BT#]KVS06@4"@4"@QEZ_H:[?U97O\J-4$$^(OU6W'I_!SKU^[%N
M4%B5`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H*O^&[U>\5_2EMS_.-/
MM!:!0=6N$U)015<@CJ^;?5SJ6?*):\&2**0B*HF2HH))6#3C^.1$^(G&<\1L
M01K7"%OAU<[7QO>U!4I'6SL]LQ&G=Z.5SJNP(K/WK/:7,&/%NT81>0SQ=#TB
M9H,%WK3Q:D;!G0U%%4G>9Q4[6+#`FBICK@EL1B^&`P9T?Y+BB2DJQI1A%PC*
MK=;TBKCG3&TXC;WNW@8IVB>>L;\53:>T&6L/95:+?.LLPX1SJ6AJ![!&L+GD
M0MW,-EB'":G(VXW$JJC>3(71WXYS\BRB582%'4JM[,!?AN)?$%BZW]DYG@3;
M;=,K8)6=RBD7)A#!DC2<6SR[K"Z0\Q0VHR=^6TYX5G+9!8C1SMV#8DB12FUO
M/,)>;"\H2.R4`D_S3G+%&D1.@N!JNAMB,$0(T64`L2=AC@86!O(<N?"*!%XQ
MOM*$9.K8E5DQ!.N@O&BSLH]FFQF>_&"(V`F'#NFNI&P`#*/.?*,D]87#2F;E
M=6,IJEB(6[E''R"-"'BO<H@0;N,<B!U!6G.E/2#AF^08DA(L'O\`=Q>4VL<:
M#(G1VKT*I+*:2X<54QO+]V<X2$XIYW-P`)@V)`N2,"#E+`"%!S(=(Z.0Q\1T
MKS-:1(+2D]#B-M0NK+6;2D)1D$=LYR)G-_QM<KW-,MA+IP"-6:'$88AE42DQ
M2,)I4WF;5"Q(L6/YD`VA,DF20H;/0#%[,F/.+6#)FJ^S\LKBNEH\<N<J`XXP
M<NM2>S')BK.U`62PK>2DV6E,0X&",`7.AV`R[0*V'6R"&T.;-[43P%QUN-0E
MXW&/EA-Z>QW<A-..X],-;"T.1V:,-!^Q[9]M1Q.W%HRJK(]G27!.J)G.Z&L%
MRH0N%P[&A`ESIA*\K[*Q'&6Q;ID[%GFW?)DKI[H@RS=:.2$W4EI.R3&`0A\0
MX92R[Z3Y)99M`*&ULX*H#9C*B><!L4!*"8!EPUXY.1]39"OL(B.")DM958;6
M-JG&B)+<?O<QUSPSJ.S8.=,AJUQ%AN8%[2FK8S84NDH.-\"1D,(6XR@7#!N.
M(%GJ,JEEU'2ELEB9P)K":152F!PL*3.8%E`J$;`Q-$Q\<!RIG$(:ULP\[6SP
MRZ<;VM>U!V5`H*O^9'U>\J?2EJ-_.-`5!:!0*!0*!0*!0*!0*"!?(GKM*6T$
M(,B-XFQ9>*ZW]F-6)M4C+Z<JNVDKXOZ\[`QW-RNE%#"*TW>:,+#E)L3--*6R
M`"`!'-8BBB=3"^.0=L[8'DY>W_@+9\H`S+1K&^K6P,(N<F;<:I@]`G7,LA0*
M^$U30$@-JCHY]"2"T*BE#8@JD4,"YJ(6>`5\0,[9A63&/&;M>TT>$&"[T751
M_P`=:_:_<E.O`*0Z'U*(Y&<4#<)Y,QVQ^HOA!(1F6^*2*;(-?O0Z$HJ>4!BH
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M-/M!:!0*#75H?B:Q8^3QC"/<2BH]BLEJ97%F-W$NHR.2-EE`E(!\&R=8,V]R
MA\D`.$K"6R/AC`AYXBVRPQO8-7"1MI\IJYE9$8^N)QP/Y<4AC*Q9O1J*MO!R
M!+&!Y8$S4L"MU!<6\'`6Q'-7L((/8[CUQ/ZWIO08?+>>FS)0&/)3UCF&7,35
MIIC.[%6$MD1VY5/.6G:Z&=!;5?3=%R`L8,+K;$54Q.-*I',4^FI)6V/3V)>V
M&(9M$UM;QE!^-./67%[+>#_+F9.EF.DE&CQ/=3F)/%<<S8L_Y#1F@842K@`?
M"@WE''%0-B&;GNJ+87+M+BX6#5A1*T4;K^;4!I<1P*GC/9CO]81>]D=1B$P5
M1/3%",H@>;%S4BY7$D8="R3<[>2Q$6X68AY++A`98Y!%\`K!M5P,+4@\<?CC
M=3.UV.GW@C!0[)JZX4&-S)MSH"<3"Q"B]]*:D5S&64LFGAAVLC'\Q`L`<,/Z
MFV../0'+,QMJL,6(ES3%@+,JABMZ,$T,1N1]8-(&:N*I\5HZ)])2W<.;?#<I
MZQ)'PZO<V"B8Q#!QQ,"VS#]>J9JV]78LH\BI<&.EZ16S4XPO$WJFL=87(_8+
M\-F@T_%2LN@&#+::SM.-7/\`J\[@ECF1'&^6.79AWL':2XM0?&+&/[$R:D-3
M!N0$R74^T]\7:Q-Q+3):Q-NBF'`,PQ"">?6P#"PA%+%\2J3;MU+&X9?#`6^>
M&%PCI)6Q^G.N2JWY>46D0+BS#%,D;"BRU'$9E5[OG%48-QHN*1I+<JZW"EUH
MX526<[4PX*+B&9/'B-K8@X#]CV>(2=\5<&/L(L\<HVC%SXN933Y%`<@K-;1\
M==6CC;(HB<\A%(5-S,*"J9:`!<CB<$RR&S3L`R]\K@XVPL&W*!0*"K_F1]7O
M*GTI:C?SC0%06@4$?Y1G=-8TI0K!J*4"6I4G$5[*S?2A\Q0R"%'D6)Z.HR5(
M*X(!CD+WL1!W*C))4'"^.9M87205\@P+CC@A!*VX>\?E1VU.OKYK7XR?)(\K
M*X?CSD/O7W'XS_%GXK.^OB>[G^,??#\OOMU>]_3\'9]3^LH-I:I\@;)FE\RC
M#DJN**8YF]L[4[)0!',:)+S%/+<B-Z`U'"UW&G%%LLF'QU]1;N`ZD9(!@VR#
M+%AQ0;"@`"C6"7C'GZ%9*>#BC]AR<SW2]FJE$W`MM=)6"XZR`VU!1/HQ%T%"
M5[X"JK5-K*4:)!JA2PY#(X6%`L-VH>>%@K@E#D2F9ARWR%,U,C"!S;2T!C>*
MI:5U%[34X8_6I3:\E1R])*%14L<>/%QO,YPHZ>R1B00QL<V1-G#(-Q,RH?7O
MB$S&3NOKXZ&E!B^XGNFQ:XY\C^&7^V8TDLT6;3_;H<]$0!(T;#Y1A1A`VDZG
M0NY#HJ>5.BA74UHF8)$KF!PLL+!VB1N3K`\'N7B9@[!0RZ);6%J06<VV02?B
M0<4%-^QD3,&WHS\PTT8X/9>:H18491(AXYG@"I<P+8'+`N+?`-6:*;K(FUT!
MZ]/=YB,UDS;-<3#2T<B!N+1U9%2&Z`YUML"JY`0^5*J8[<LH(V8(9PR"7L,/
MCEACC;*U\+!(M];$P9&+J161(4JLEG.E?,-\HG)+@7"B<+8R[E89`9P"D8'S
MQ)H@CS<!<1/1K'1"_?=0#R+$^V'QR#L$2T#=!VRYN;*VL4&)T6**?K*YHN2I
M^L_EAX([N6$.0VJJN%PK,4F$1$54*ZG&PPZ,"(15`[!+0ALUAB:(=S!BF0X,
M=[]G#>ZLNZ,3.PDR+W^1$'.:P22"MJ*K&.RI)*C=E2.^V@E&SR,D&6Y,43)#
M]33BRW.U-BFT0SWR(BB@`F[%@VLP-R6"0@:-9?V3>,70L=D!*'7!">3K."MA
M#2<5P-$Q4U!PKZ8B"D$(D:.%`CJJ>`))I4R:"#S%QZX=\PV6;VUUF(JIU#.3
MC&Y=83IC2M>3Z:*Y2&)PG.BZEE%Q#B0P!<3KA2`MHB@7.DTN]K&C10P$,%AD
M&)AED&P`7V5>[8>YR'5EH.UR-95=;+##4E,\`VB<CM000BI-=SJ*214E%-[U
MK&-BY^X!8P,6OUN@///'J7"N*">0F4I^AAG!M^(V$V-S+[&NK7::]8G*^G%<
MI!B]&*Q<S+*LXGB19XAY50&W&)I-=".IA)@2:Y2RZCERPP6:H7$Q">V6R,$%
MY%"B$[+C!+2;F(JD\6D*X"9<\96&^A!NAPH!',P)@5..5";`EE0XEABYJ15+
M_P"+%!P+](E!#=U\ED0+TNZFL#6F1(2GY!G"?`HAE%6:,@X+RI'*(M09L)+3
M0=:47;H1])405M5U]4D[*YDT#AC;$7+"PF0>5L0G`CRLV)&BL[)\-.=JOA#-
MH:LIM1R!'38[/614\N.($/9432Y@P91Q!@>BY@K@-;+#IR#Z_P`%KA`W5ODO
M2YZT4>6V#PBE2CN4XG4'8PI9UP*+^+D<2%-B,*G69D:(+BS2$@-<RF`@[&R?
M;1VY,$(V1<Q$3+&UKY=`9IK+R$1U).EVN&VVQ"Y&VO6.PD7-^6`VX<>@RFA,
MQON$%,&ZZR[%5*0L,4=NB+)4NI+9DL122XY@.V8F%A`[YAHN<.1^6(I5MY"2
M7%T;+9/4R==#8V0#1EV.4/)Y,K<1=BY$5G&IV+HF01)R,\22;"%"0&610U@6
MZ<S.-\^C$+'S^QD$I4DE(@4Y88Z?)1\\*D$FD<72991-.`!O9.X9K`""YX$Q
M7@&T,+J]T>PMU/O3:YWL.YK=K08$R=Q];)I6KL*`M@H2DN3E5G.=YM%MHSY3
MEH!=1VBX<F@X%,$1!'.#G4EONJX9%3$)V,"I^8X60@?0*%80,ZUYG1K;&18D
M2>U2QQ+P&67DS72V53(')99,BQH\5V.Y*8JWW/ED#DJ,Y]MA03Q!0_ZDS8"P
MX5\@10\KA"OFC]5QN9]%H'[7MF@M`H%`H%!C+U_0UV_JRO?Y4:H()\1?JMN/
M3^#G7K]V+<H+$J!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!05?\`#=ZO
M>*_I2VY_G&GV@M`H%!@$KL3QHQ;)4977U9IVD5@/%B?&E`RPP76U\;FZHM_O
M^BYB?U>"LC=\.Z2U\OR;#!X]/P4%;"YQPN:14,AE(3O@Q!?^6O.P4/J3WA^!
M<&?9/D&7PH-3V]-C;3%-X+1PLYV\F085P/!B'KF#8)_(J`<*@E@\A`Z;T;D@
M8K#><*>](+;HBL;B5QR6T46*WL999"0(HVP1]HS3\B;%Q2@MN-OKTL'B@R:Z
M15`Z<$.#`)QP//#N*Y<<-^ZQZ6+&O"XI*V3P9"^76H%2X</E"<?FDD8`XW)J
MGZ5$%4)&_C08M\71$R>!4\XF9!];,5*!%"'#PSR"Q"-H/%LZ,6\B(0\LM8Z5
M:[6<K=9)9=:*VZC<>!K4F:LR`EE6R\EIS9/A53&KCK@,42!U@ZH+J>262Q+O
MD.72"_;AWS/XU'26DY'?DCOF'GNE$I88$D*C6+PX93DA0LPV5M.P`KD$51=R
MXV6^KJ:5L,2/6N5(XE2IY#RZ`A;F>V##KF/QCN]J(L:@YR9'Q%_QV[V<8,S$
MSF6]TEYR*TXZ*MA`0#$K(;JDA\LF0%]W,Q!$3W`1.$+)&)D0NH)."::)%\L0
MWY-&E;FD&?#T\-20&NBFLU77%RV:"\RS"FFN94@4:;TTVW'NIE%PKDKLQTMN
M:LQBP7<ES"0X$8@?QR,8`V+4&<,C4@9BP9KUKH2?9]1CF(U`F==XP@JXCN)T
MEV_=576<A-I01UL')JMIL/<T1,%B6>1S`-+22Q"V5\.MG<(ZQ]QJ61!M:FA)
M+J8TJPAK$E[21ZS8X=#-7%453A2;'"T3L4QPXSZV[%5/<`4*LUGE6V*(=*&"
MR^FA!Y#%P,\<["!:T&&&"&&$$'@$$%AB&$$'CC@&&'AC;'`,/#&UL<,,,;6M
M:UK=%K4'G0*!05?\R/J]Y4^E+4;^<:`J"T"@KIFN.%UL<BFI&U`H0YF-0(#V
M0U5>I[K7R)L9SRP\(+DZ,W*H8]-[$D5RJ$.J*`.;RMB'@IGDL'++^OQZ`Y_D
M^R]Z4;RL^];3\2WD1^3/V_QJ,_'CXZ^.OQL]^OBM\7N]WQ7[W_\``]KWT[K[
MJ_*[G[+\N@ADD:!;*!.%JFCB;'B<0(\O>PN]:PJH\A'@UHK#$P0W-$5H8:3?
M)BX]I*R*)*A<P*4SSQ(A@$,\,#PE\@\:#=_'5J),NO\`@RBVP$0:SDGS!4'E
M-:6ML?&3S?[VDJ;H^1U!MYIJH<0GLU4/""D!<+-`@I+;:**CB+&G%?M2XQ<N
M5#[I#2DM:`2A(>R7(U(SNU;U7V!8VWS`@!@14#,[]'*#LDQ#T?/)H*2\Z0RT
M/.Q=;I%077.64BF3>."*8/<&.>.8!GLLPPTZ]^.#?T:.H^B`Z^8GV`#C9@<9
MXX$TO.0W5&#YDB2-.MAF]*LR"3.$E1T]G%*>;I2TCJLHXNK"B4;^`AG/(GWR
M,#GC8;E;FB6S2"[6.XA&[&`H39YAYXY`U+`I(9W`R<B*38DF*.D%%+9B,0&P
MLCES<FEKFBPN6!'`F3%QQ.YWR#PH.XXJM*MOM"R2!&K]4(^?,0O:,D8](O3(
M*NXWE$,\M-26$2R;%"JIL1(-.G7A[,:R><!0SXY`5HN+N_(@$,54AL0`[#9K
MC^G&6W'R,Q^BGF$O0WR2,V&THV]'(NJ2>]-:7+'C`2HH<QQ);`:`H`O=)LWT
M`BYFIW*I)XQ!W=UXF<0@!L3F(2QUP@.58RV\WLE]W$V[C'6PJKKR:C$X1=AM
M<=5RT.P\1C)=S>:08;Z:62#BNH$^ZRURYP_80#+^MN$)^1081,&D8VT:%LZS
M95+B1B<<FP#'V`U:G"/72"J2?"\H1U#T5L)CR\VPAD5,#;#R;+JCPR/F1[H/
M$5A"4,T\YED`:-EZ"')KCXVO2`8`R<[0U?VM3UC2QNZ@[6QY*3XD*,6"`ZD9
MUNQV'9G9*<VF([$^0&"]AY`5RKD9*F03<C90NFX%S@5@A\;AL#:/C!DZ5)`F
M-SP[)K6C9#?4*PJ_&JD%BZZDXH?(;J"=R#U7FNY9/$.`E(R(-P%+(.-+Q$&,
MG2[920[7SP`$L(%LT.L8Y&\9M%H*I\%7<)!.$/O!<+X"A`.%]N$Z:<;]<8((
MV68H`;B>2L>.V#O>_9V'ZO\`LH(81)K#(+)Y+=N=M%%HL`A',]P-K=%[=64E
M<Q&?XCIA13E49U+KI1;-@F`"2=R*\D`B7%#4S9G(%M`X&,,0PBN(81I0^/N=
M\!6U$CI4V6JQA%7)RZ^1B/YJ*.53\9BRBN&3)!G`K#RRUC"$%BGO/!YR*<:9
MY8LJ#)IMC=>_4Q,C9$<`T0H\5NP[YTBT-U3<BN@1JO0)L%,D@RU(,1R<=(+Z
M*UWVR=HV\VEN,5(TPBP3I7RB_/Z><4T=7*DTM3(D%(B:S'!.=`H7"0J6V2$U
M>1T#8-HQ84V&3&&;:CC3HC<AVT5NA=3TK-().!KF%AM)1]FHKEMA@9NF"DS/
M>:XF1;`8X&%@.*%?D8<<TI,29&I.V*TW$U'5=6(?1)RUV3ED4^AO_<[6YCFH
MFA29R+V-H)<`%#(1FY#A4]GF0!,F33>;1G(OVB=U<0C-$G&7ME$\1Z?L1PQE
MK!L,C,[1%OZ&;(0Y)\O2*VH[`#:JVIJB7,3+5D",E[&266Z23E44]TLY91TT
M92)A$+!&\+@BVS#<$R\>NQ[H!WR2F0BQ$"E["RCQJ.>)P;N]4;*81;&F*S#)
M]_E%Q'!:*[=IW52D7#A(!,N.JX7Q,@8F!@+89Y6#,O1_SL=4G=%2\98BI%)W
MD_;?)2S)EP<:@')2`13I;;T^*$)&&AD@8X8.DN]44RTR:X$KY$,F&H6QS#P,
M%[DQ@Q37#2"?H$6N/UXR65B1";6HRKR0.*95A+?YTP#@E;:2$K/MD'&Q8TR4
MC%7LB$#6&"Y8WFG]B.'T@7-6MC>@FCQLQ$[XNA&3G&]TQ3;JUL7MGM=M03:"
MR'F756<TIZFUVO6/T%5(BW[5+6LF&933BB2SQP%)*)L<`3&P@>=!@W-'ZKC<
MSZ+0/VO;-!:!0*!0*#&7K^AKM_5E>_RHU003XB_5;<>G\'.O7[L6Y06)4"@4
M"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@J_P"&[U>\5_2EMS_.-/M!:!0*
M!0*!0*!0*!0*!0*!0*!0*"K_`)D?5[RI]*6HW\XT!4%H%!XYX8"8Y8"8XYX9
MXWQSPSQMECEC>W1?'+&]KVRQO;^FUZ#RH%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H/'/#`3&^.>..>-[VO?'/&V6-[XWMEC>]KVO;IQRM:]O\`=>U!Y4%7_-'Z
MKC<SZ+0/VO;-!:!0*!0*#&7K^AKM_5E>_P`J-4$$^(OU6W'I_!SKU^[%N4%B
M5`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H/GAXQ).Y`D#3AGI$-ZB:Z
MR1&A*6]K\&J]WKN8ZHQ="^4$VVG$8V85V(GZG2(3;HQ=3$'`P#P6CUA`@L1;
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M+HSO>PM^CJ9!13JYN5SM[%\<KN);KP6`\]017WJ;DB[6S7CG$4XF2X>VD(B(
M6;7;H:5W5/*2?/ERX%U(RE)F-PA!#`BX9%PQ+"A_0OH%`H%`H%`H%`H%`H%`
MH%`H%`H%`H%`H%`H%`H*O^:/U7&YGT6@?M>V:"T"@4"@4&,O7]#7;^K*]_E1
MJ@@GQ%^JVX]/X.=>OW8MR@L2H%`H(/-/>!H.?>E_:2YM972C[<B`&1F3)9LP
M%\5I.<K574E.G2/&OT!VP,+D+)LCL8RI6Q&S$OFXQ`[AX=Q"Y9!N8':77,P<
M*IX,U1SF>.RTLP*5*?&=.Q,"S:WT/)S+,3=CF-CGA(9%N87/Y)&5K'LB=KC8
MAW#M?*@KY]+U"#@?^K:TR'`R\]6IT#W)(O"87H=<#3<#.7]4!$TKV::V%!)!
M#.I3R%-"&`+C"8G^Y.RO8K83,3$()].3;761H-QE/%R3O%Z2T)$;*4]V:ZQW
M<DYME:8JX(F!)+]P7P#`R2381X9;)AX+9D8%*[0V#C<Q;(3"UPUW+N]&L$=F
M)+CZVS6N#9FUE-AX&_BG)$E):0FMAQ($<*$DE\I)#3S(RRWFZ1;!6RLHYV#L
M9P1\!!@L<KVM0=XH[I:TL=,;X4I3Y$#8<!Y/C<)3$Q<W<[;S<,GD4,5F)Z0I
MJ>`/39\&G`4[Q%Q\L#J@&<+6P#RS%PM<-CE=C((./M:C(&66+B_&\A.-SJC:
M,N`B2/!MUF'BZ4]ULKF<$`*J:8Q54V"471BH@V"*:&#!.W`$SQQN$;H$W839
M]W#V+U\9V3'<,<PW!^N,L-Y_-E86CBTM'YQ7)I2SR,OIBBE)R>0*$4^+2B@F
M&"8AL%1(*H8^(O5OC:@AY./*[).OCIW>6'A!C%<<,:,3UJ_$#]/M627`#++U
M0MHT&(U="<[!9BHP_B^KNAG&IC(EQ6[DJAC+/<8]RAK`7,`N(%FP^VFLI1>>
M+:.3K&))8C]#?;E>!<\[$HD`B(,6*!-(E%4'430X2:.6C%742Y-R7!&$N@FS
M`0!ZQ<43#"X:30>3+25XR]'$)L&>6;(3PDU.?"JBFV0?#<;53B;`0V(XUGO^
MZ2&0B,EF3*/):*8*`Y"Y9CESEANBP6.6=!E+/W+A9*@:.9BF>?==2"8^$5=7
M@7['KY%4(>5D)`6QDU6=S;<R[B7-_$-O!C%<%5:.6!3$\P-;MAP\!`LLPY!G
M<*&&:])B*RGL%K2V&4QGW$<<(@F,DE23I0'K)S6!5TMG2IBLCE4%&=;L."=T
MM\F4&$%-)%\1Q+8WOTT':IV\VGRQ&2/,B+L?$JW&;@5G:A(SL17<G*Y)06F`
M445!_)0!9-$-*/?!BIB0:-K05P;9I),N(8-6"!QOG8/)W;S:;L-5`1'AL]!Z
M`JF$J-E\,D>D=L8B6;DQ&31.+G,-D&H"!EFN^QR0EDU2$RQ(F,<;98B]7+&]
MP[R)-K(9FZ6=@85CUP&E1]ZS/)*84ID3"6=(%R#D4VDVWE<LEF380>*H5(IC
ML)A##AV[+NG+,/"^=@[Y4'-AV>$N;W5,P+++EQF!#,CKT*J#K'%%L,Y939(:
M?>2":,7ZF``;<8:N?R0S!G/+(0PMDCP6.`817`4R&D=-MXD#<J^RB4VFB?8;
MI@.7#;&3D9UF,A!7Q&3H:B.^H&GY/`+@`&`8[G%FK.*BE7MUA;!%QP\KV%"S
MQQ"%>O'*[*,JY:77?L%Q\U2>^,A;90Y$IIER:O/%48LD:L*LM%#9N0FLJL=J
MJ"I'+S38B.F,U=)'S%0C!DJ7-%Q,![&<`M3U[G9M;#1\.]$`H815-O/5_P`6
MR$T3Q@N;4V+*<4N]78<B,T^9*]`!SO,YD,?N4WAC@&H$!"YL/'$,?"U!O"@4
M"@J_X;O5[Q7]*6W/\XT^T%H%!!^VZR`<FO9&#$YKVP<4)0R)+[)7#K@)9HLO
ME6Z:7F_*:6D%T\N;4D+*(WP524=8S,89Y]T+0&00>6-OR@PO4[?LC/D72%+4
MDL0"((_CF+(>EQ3D[!PGG'%BBA2E$H$KN%"3'2?;#8'-.J'2HUB+C`+ES(`>
M8Y3,,;MAQ2A4-FJ6^NLZ*KBM];=CH2%Y,-O\L[$<_&4D!G([!BY%8+G?JO)E
MPVL*6CYNMQI2FW5@525A"I'-)5RYL,7,#*^>(8"V^0Z(0%65R4K#F(R"9LZ%
MXI9I1507G@YW*W#<=:\NT%]+C2/MHBO-U-!<6P::FCB=@,5!"S!,9#6#R&[`
M-J1UNQKY*SD0&DR'`ZE%?<XZ]BA)ZA&LB-T=43&RL8-M>=)`%QME)&/,M)=6
M5TDRL@8B)I92PN`*-AGU;9!H67]_#4;3%-4+A-%GI3TBV-WS)K5:LG.MP,-P
MS2Q6A!2A*0DF0X8S9JBV)(:"<_BUF>NIZ2?,KC>%+F5(Z7#+=S!&`VTS][X&
M7VDSU];5W$V%)PN5HL):256/Y"3[--^O$O$N2(CKIE3:Q'%-3EXU.;4[UG3%
M@P5$LN%S`-\@,#.9</42Y"M4CH:2-=_+2:`N.[!F)8J]',CMZYU1$>9>-<%0
MH77&J0-G&IXR35D#-7!#$3@E3`8(0;#$N/F$&WFULC%+QB>\V-=46UZ.AS*.
M61UI*:;E4,W/\9!T,LVS;5)%$P8TX4I='<A+`(Z6Q$)A9"9V'%![G,]B&ITG
MD%U-6CR`5)R8.&1<;6;[S(NA09;Z2606;SJC1Z2^WCBL]U1ME&JCB*L?1RO'
M\`C)L,7"Z28!SQP'QQ"R#A,W=MC*+=VMD9^$%-C13K.]&ZCC.<TV'V*NJ[/7
MX5B:6\78H,@5J@NDGV?C,['`(J5-XYE2^(_6MED*&$&0I&\^N"T9;Q$LZ',4
M47%(*K$X:6M1O(;?54634I8.H.+#=":N-E/.MITK"F2OBG%#F`0J@`,7,@6S
M+&`!A`YR9NSKDN$XS.H;U/J^$PI+<6XY+$6@[\E-RD7,GK2L6!*)(R("IX+:
M2D-\V;54K,+%522P5Q#98'"U[V"5U!TZ\WD!U)1I!="&CN1#/7+Y'49>3"2P
ME',B9H`\4N:3E``P3,7*G2P8P?7POU!0\<\>C+&U[!6OS(^KWE3Z4M1OYQH"
MH+0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*"K_FC]5QN9]%H'[7MF@M
M`H%`H%!C+U_0UV_JRO?Y4:H()\1?JMN/3^#G7K]V+<H+$J!0=`ZC;C(MEP'6
M>CISA=95'41VTA*ZN(WTE770B@N24G*BX$G*XR.GFSML,!C.!0SF"'>^>(0E
M[6PN%-3^X^YR3&]I/.<1*F:IN/KS/1:99&+2#.3PRBARITT`N0GNJSD*UVTO
M$4U/E<F]%(=$[G1"V!)2*I8@F(017+"@Q]2T.VRQG4901TR%C,5A\M30Y%PG
M8L22Z$]W&V.IZ[>*9XQQ=ED(U5R)1VLYQ%\ARAJZL*25R@H-O^$S[7((/7KY
MH5M-#[WTA-N1&B-?;NH;PY)3!U81)&6\UIY(.V3T679%JVF(ZQ'9,!"6BX"M
MD462>9T;`CC;+,$T<MG</$-:09QJ[;0W"6<6'R4*OHO,/%O'?'I*S?5WPNYM
MR+WK%`TZ)B'([5'&8UA'O$SX;T\'LUM&[F2U0$VE%K!6'Q-"YE0VTUN.N<V%
M&O)E%:0*S785V8U*AG72!GTZ'B<P<JTKQ7IL)J\*XY=QQ:AT9N=]EL;-6R$)
M#K(F188;IPQ&R[/,,HMJUMVIRKKLN/R-H>>\4:EQ#%`,%1AC,BJD-P_M428A
M1FO78Z92F46&LG0;BE&`[UQZ2+]MW%@.?5!+@J`J=9,"/_HKMAGE`L^ZO/I%
MUV350E'.UL>ZW;R`O.0W?,ZHA;%J2RI)24Y8K5&F028F&.D3Q9+D8VD.!4"=
M14G_`,,5"N8OD5"=^K<-;3E=O9?VBV!CZ%XU)RIJEK+"XS2C.5'#(IQ+?T'/
MF?W"XC9411BYC$<F4M%I?"NFYY#=V`!EK8"@];/+L@Z:"M'S"?NSO'LE.T1P
M\YT>:Y@@F4=?5L\,0?3O9!B'8(8L1"'E`BM-(D7:;DR7VD,K)9A/-G<RH)K'
M^M"'QRZP0Z<VA.\KTD\H]G0B0&+DA-#E5C`,RW)1<#6;*BW=S#3>5H/<;0B=
M,B,)LL0X0P;P0+XR%-'EI;7S1U8,J!_+,/#,)21AJ!/\=N?BN>1=)C`7+4#4
M>3=9)Q;0+T5R&'=SQ8VN",1=T<'BS&&*.PD"HZ_"%[%#X:)GV*H6%N)AW.*%
M<(L:YZ`;M:SH&N`B4S]89DP"U0D'378V(90D)T%6`D(2_-[OEEJRLR5<&)'-
M9_H9U,>AU*=[2/I2/DLEPR.(1W&Q:][AK_>>"9+A9V2[,+N3HN/M;8'D=X6S
M,3)'QI!;X2\8@Z2H=CYRIKI2C[>'2F*045%)S-$^P%6`BJ?^6-;#LLL:#?3W
MT&V@,O>27ZP$*$D]+VAGK825)B8PSU5V@Y(Y#D35N(=>(W4&E*C?CY?6^R5#
MT4#+DC$$&R(9<!E5+%L3YHJ1,8J`:'-<8&X"IK5,D2'6_!Q9X2'PY:@\>*`<
M`DY:-HJ?*FOXTN@NEPJ1\2+BB@68*L4DHF.5S+EQC=S">*'D7MCV`^06TZS0
M?+\5;';O2$\"C,O'>S4FQ1,C-,I;L5E-WHBN@ZUPM![G93B;X[5((X(*2JQ(
M,<`5"RF8L>+'P<.Y@,@A.D(F0E"<Y1WKMM]J$UB!,.1'-N)L@[BK@6'::9YM
M5UDV\G5P3.K2DRG$$@KF1YX(+(DM9;A''$/'$J[$?JCB@`X8BY!L)&TPDO7S
M>R-MAM;P;KT/.O6Q6UZV?;$F3(ZC[@-$6`X"CJU>7(S(+*,XRQD]&1I8=:4;
M!-J">7NDN3I!ZXI:V&0<CC.TH):;Z[-P*=8XA-&GQDN'8=36)A;`J<XC6+'E
MB=)"F,(L7D%;:S8<*41+H3J)$U8&X8``QA,MGE<4(,'*P;#XXHF=4>L+8Z07
M61/HF>T>Z6Q^SC6;2L6'(JR!';^<B>WXW[ZIIG'$=)5'0QV607S!,3'$8H,K
MY`C8XCX"8V"PZ@4"@J_X;O5[Q7]*6W/\XT^T%GV>-\L<L;9987RQOC;/#J];
M"][7M;+'K8Y8];'^FW3:]NG_`&4$.E71N%54Q&2IF8>I!T1>@RTVB;T25P@F
MNUY),WH0J)(Y>258LBXW>W?T2X*CEW5A>V*P3+'NBY@`//$,^/Z_0PEZKBZO
MO$+-0@!'A$.%5D)WN#(N/XK$AG8,^^"V[`Q$LP5-$VT5QZRE80`P&('8?M,1
M+=>@C"?UZT<=287>+PEU'>I#8IO2A""J[7',36!"V*&G1C1C%CF;IA52!$0!
MS/?-DPDWDM,"1;ECI+O9ED&'W0*9$$#]0=6]7V<Z34Q@[+2-\>8_>@^$E2:?
MGY"+J:O=7:,1QJM1A+)LB43D7O$XRT$M?(<ID`25+*Z9D,7,@CF3EAPR\_J]
MJK$[;A9]O1ZC);'US65-\1NY'X]V\70F^N.%9=3K,N4%W'$\DH)MC0+M/@F>
MX#Y,HIHML2RA@;*`XX8AL*3M/HGG$T;47^NOIU(QY9<[R;:(*YB1E#9;G>T/
M+\)*CGCTYDDCKC;$&C]W*F(18N?NEW-J(YO(MF-G;.P:[6^.>#%U6!6##GF,
MH.&X6PZ12J?(%RZ::7&6FZ\I;7414W)(%*!G4<#6!J7#,`XA&<K!G0LQ,P#Y
MH(0.`KZQZM0"?C-\+LU.B%1F8GR,V"RTM3D1CXE(K3>[Z4Y?7F4]S*F*EEW&
MCMQYJAE33LBV1503`AAP<3'<9@T",&9,'5?7M1@MQL"+7@KFV)(DHILN+#ZC
MIX-W$PN2.TW(T#AY8".-%+"8H_?5>C<M@XB6*;D46S61_-3!,&SQX48,()<8
MNL(#6*L=2"D1R,\!);#=,MUQ/<R?(JC9:<8RW#R8W5,8,D64!TL2/IM7B0_5
M&P'$N*"-VEA@`\[![7UHH6PUCV8A*,I%>BB\MB6RD)"D_9B=1ARG"JL@1VS8
MG1%D8XD(A48,P19+'3\<\PRV8ILX7[<;+,4443(,A7M!HD6'DCR=W[D7)_(C
MO29.S%,/47!`=4GMUX$GNANIV)A)(+@W'#-II=),]ZPTW`T@``$Q0\\2A*Y8
M.C;.@$:*L6)[-E@F1'5%F87+L1(*)'HYXA'IF8'<["3W-'F@5=6"ZXVN3:B^
MG@Y(A]-,I:N1SL.,7&*W-F`KA8'0*"`?)_#\K3MI)*T;PBS;2')YQS04ZVRR
M/C&W6B(YK1IL'%<F+:27<CM4$MMI)PRW6@;[`0X8"!N-;'&^73E:U!@-]QM]
M.F_1Q"SS>W3\%_*NT7MTV_\`3Q]7Z*#\\L;?7V0D\_BNT7^WJ@>6-OK[(2>?
MQ7:+_;U0/+&WU]D)//XKM%_MZH'EC;Z^R$GG\5VB_P!O5`\L;?7V0D\_BNT7
M^WJ@>6-OK[(2>?Q7:+_;U0/+&WU]D)//XKM%_MZH'EC;Z^R$GG\5VB_V]4#R
MQM]?9"3S^*[1?[>J!Y8V^OLA)Y_%=HO]O5`\L;?7V0D\_BNT7^WJ@U2S.3+:
MV0)&F2)FIQ/[!*#[@)69:'*B2+LMI61`0%.064F2&TP"JH<G`%/7,5!I+!<Q
MGF3$&P`SSN$)?$3'+&P;6\L;?7V0D\_BNT7^WJ@>6-OK[(2>?Q7:+_;U0/+&
MWU]D)//XKM%_MZH'EC;Z^R$GG\5VB_V]4#RQM]?9"3S^*[1?[>J!Y8V^OLA)
MY_%=HO\`;U0/+&WU]D)//XKM%_MZH'EC;Z^R$GG\5VB_V]4#RQM]?9"3S^*[
M1?[>J!Y8V^OLA)Y_%=HO]O5`\L;?7V0D\_BNT7^WJ@>6-OK[(2>?Q7:+_;U0
M12WB>O(;M_JA-6M*!Q8RTPUB8&R4:I)XNG:72XXW6YEFX$90&55<JWYK4ULR
M3*%B.>6094N*-G?HQQQZ;]-@OHH%`H%!C+U_0UV_JRO?Y4:H()\1?JMN/3^#
MG7K]V+<H+$J!0*!0*!0*!0*!0*!0*!0*#KU!)2E;`,)53$]3"!$[4$-0)ECN
M`0M\;X7$#P,AB8X"7PRO;IMT7Z+]%!V%K='P6^"UO@M:W^R@4"@\;X87SQ$O
MCC?/''+#'.^-NOCAG?#+/''+HZ;8YW#QO>W]%[XV_P!UJ#RH/'/#`3'+`3#$
M3#*W1EAGC;+'*U_Z;98Y6O:]J#RH%`H%!5_PW>KWBOZ4MN?YQI]H+0*!0:.V
M4CE%ER"9.C1Q,]QOQ$>C9'0E)L,YT%V4\#A8T8+=8ZTG4;4T8LA.E#RPL?3A
M\S9?'$X6#MVF/3TT%;<2ZX;(*#'U4\8A&1T:=88=%U9NS>E++`:S=5(D-/UE
M8NUI[40ZA/<=I/"69%B]`ZIHZD(1VP*L6`/%3R,<[8((-41?HULHP'GJV]U=
M`%64751H0:Q'LR"+G:XYS89=CT/;].79521%!:*)0HI$]/",XR&"X.G'1SQA
M4P$#P,%R^9@)&!:ISLW-:N.2*R@@K@DO6]:2#CX<!-VW),YL'T_5N;H]2C:P
M2%6T8R_&6W9'>2(0R)!ECHYI(#&O<O<*XN&0:I:<7<@IPC$H;I4=HD!+=1XR
M<E5/3IBUU-/**9<12L(63G`@JV:LHH:[JXY33-=EC2=EFMK=LUW,0-O``&`2
MB<&^YSBK:(+9AYR/%Y%Z+$7NY*U(2WFGH,L8H!Y7C]@O"?[36T(]1U%WHV++
M?0P+W:JQ<^4Q3>^R60/$@E`,X-CAF'IF;7_8V1^+V1X,>H!.7=I'+`3]CM/.
MFU!KEE-54G.8-E6ZG+3M4Q49OW6`&Y@F@+JCB*$6/GR8IG&V=L@[7#GS7%&R
M!B:7U)D6VE\FU6ZF:<../V"SI6;[1:#M5T;8AUN+<%%.,0P[TAN*;I=D&F4\
MF&*N=BGG3G6L`9#'MF/<(HOF"N1I_P`4+[05!9%-FW%!$P-94;RG,Z4W%-,>
M.3MF%<C11:4DL24PBJ\M.)O'VZAJA%P)8818/$F<++I;$LID#(;%=#&Y!\U*
M3%\D#/`H9:5\D@VS6[+D,`H+_P!:U625M9:I^"AE=W)ZZT9WCZ/%1-3W#DN*
M36)JN24="+G%(4V44`@M:B=$<+:B^/&Z[5ES.-SH3+;20OK[T/H*J\5I63D<
MH4/*KL4VLFH[:47,?'!R%/CIY4`D*:R$R!PL'?&@V#0*!0*!0*!0*!0*!0*!
M0*!0*"K_`%`]81RZ?2EIY_)S'%!:!0*!0*!0*!0*!0*!0*!0*!0*!08R]?T-
M=OZLKW^5&J""?$7ZK;CT_@YUZ_=BW*"Q*@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4"@4"@4"@4%7_#=ZO>*_I2VY_G&GV@M`H%`H%`H%`H%`H%`H%`H%`H%`H%`
MH%`H%`H%`H%`H%`H*O\`4#UA'+I]*6GG\G,<4%H%`H%`H%`H%`H%`H%`H%`H
M%`H%!C+U_0UV_JRO?Y4:H()\1?JMN/3^#G7K]V+<H+$J!0*!0*!0*!0*!0*!
M0*!0*!0*!0*!0*!0*!0*!05?\-WJ]XK^E+;G^<:?:"T"@4"@4"@4"@4"@4"@
M4"@4"@4&C=DMAXXU2A9Y3W+0KB#83&NVPE?!HMA8>;G.'7<[4%C-Q,06J@%C
M:RN*BLYW*3*A`%PLQ,LAK?!T6O00V]*;'WW/.3OW=>SW@-0/2FQ]]SSD[]W7
ML]X#4#TIL??<\Y._=U[/>`U`]*;'WW/.3OW=>SW@-0/2FQ]]SSD[]W7L]X#4
M#TIL??<\Y._=U[/>`U`]*;'WW/.3OW=>SW@-0/2FQ]]SSD[]W7L]X#4#TIL?
M?<\Y._=U[/>`U`]*;'WW/.3OW=>SW@-0/2FQ]]SSD[]W7L]X#4#TIL??<\Y.
M_=U[/>`U!"#7K=CQ=;<<@DP.?2WDL+,G89]:[+L9'"V@.QYTXI)L<ZYLR.'0
M*H)Q9FB'480JZD4P$'@9P#R&#QL+AUL,K7H)O^E-C[[GG)W[NO9[P&H'I38^
M^YYR=^[KV>\!J!Z4V/ON><G?NZ]GO`:@>E-C[[GG)W[NO9[P&H'I38^^YYR=
M^[KV>\!J!Z4V/ON><G?NZ]GO`:@>E-C[[GG)W[NO9[P&H'I38^^YYR=^[KV>
M\!J!Z4V/ON><G?NZ]GO`:@>E-C[[GG)W[NO9[P&H'I38^^YYR=^[KV>\!J!Z
M4V/ON><G?NZ]GO`:@QMW<P,#QXWE%Y21KER'QRQT2Q85Q/A]Z$['-=G-DD:.
M%R&"FXG"JLLNG(Z6$9-!V$'&SQ#PMETWO06OT"@4"@QEZ_H:[?U97O\`*C5!
M!/B+]5MQZ?P<Z]?NQ;E!8E0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*
M#YX>,3D+UOA?3AGQB^"VQ0CJ:<M[8%%C-E::;?2<U[C&]MIR5`>]#[C:#G8R
M'"#W(>#ZXB>HF0PQ>L%GEB+AGAB$_?2MZB?W/;/W?&^_FV4#TK>HG]SVS]WQ
MOOYME`]*WJ)_<]L_=\;[^;90/2MZB?W/;/W?&^_FV4#TK>HG]SVS]WQOOYME
M`]*WJ)_<]L_=\;[^;90/2MZB?W/;/W?&^_FV4#TK>HG]SVS]WQOOYME`]*WJ
M)_<]L_=\;[^;90/2MZB?W/;/W?&^_FV4#TK>HG]SVS]WQOOYME`]*WJ)_<]L
M_=\;[^;90/2MZB?W/;/W?&^_FV4#TK>HG]SVS]WQOOYME`]*WJ)_<]L_=\;[
M^;900LY%.;*-(,TIV"ES6TI-OCP830)+T>!R[HMN:UXU,JX+F00#!-X.![PR
MQ&NDHYU*',!9C&UA/MAEGCU!L1.I:X4CD/\`R38HY3-*WYKN]H%D>&]FQ7YJ
MBH&;L]$7I+@I9!2MMH./G53)\I:=FI1<"9"3Q.R"<P`)"PV098-4,F1`P\P^
MZR@4"@4"@4"@4"@TCALQK@(X331PV!A+-UDED-N'6QC*K$NXB;A&%P`"032)
M9>[YEUH483'#$KF%B/?/*UK8]-[6H-W4"@4&,.%ZL]HG&HG.ITMYN'WVY,&:
MRB2XL$$LT[7:*C++B#;+;`.C@BK2\(@MT^=L4+V$'N5)#B]7J!9WL&3T"@4"
M@4"@4"@4"@4%7_-'ZKC<SZ+0/VN;-!:!0*!0*#&7K^AKM_5E>_RHU003XB_5
M;<>G\'.O7[L6Y06)4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@J_P"&
M[U>\5?2EMS_.-/M!:!0*!0*#02QL_!J*5V+,#OLD<%U-30U?8%-222HJJ\=I
MXT?EI2`,'TLB2&.J5AV(:L?#Q(X&<A+8"`XVN.&(%B';P_/\5SJ$[;1RX1U!
M18*LC(CX;RNBK39<S347(T$!_MH-;0'$035,J7<;(=2<J$3%@\BYHH;QR#SR
MO;/'`.RCF9X_E5/<:FS%<4^6:[_?49*&)DB:(&##NCE2-);G)I!8V&$,LE`!
MRF>8!DM80$T!T"A99!WME</1$TU,J:FJVGNQK+PK2>++9[[;"ZMM]1;Q-91W
MJ&KC)I0IBK!%C-ET@"CY9GR.8>!@E8<#M,;7%M:@V=WS3NO<+O@2[6Q?$W</
MNL#KV*9BY%\#5\.TZUB^8^-\+9__``WSM>W3T_!0?I90(',\PRAXF:$#"+CY
MAEC((^>`!L/M2HV>(6>66(1D+\H/*_P9X_#;IM0?H:@0%QRS".E!,,11P,L@
MS(.>.(Q8QW(9!RRQSO:PI<U?LL\?Z<!/R;]%_@H/7DJI>&=P\U(A@)8P7*7P
MR.%\<[&C@F010M?&XELK&#0N%\0\/_BSRM>V-KWM0<^@4"@T%M'K7%^X4!25
MK3-)-94(KEI&*-Y[I[?6C+=5E!&++*8MB$"RT2M<XGX'!TK`(7,&^(O8Y9VP
MRPRO;*P5<[^ZH:VZ=\6,CQ-J_"T?PDP"4I:A9Y(3$02R8(K&PMQ($PLJN99S
M[=>=J[GAG>V:@J&CAT2U_P`L7*@O#H%`H%`H%`H%`H/G^@LUJS@H<]@>V0D8
MB00)O$K8RD6D"Z&,D&6G?1C5$-1!$+';Y&#"B+G8?`C@7QN<S4/R2UKF>BU!
M$K3G:7>=MZQ:]ZSO>=HPUTV6B/2K5:;T4+;]>!3%B8F@_)/DY,%29#0%B/'7
M(+Y.(,2,A":ZP`WE5$<R.[%2PQS,<4<L!D$FV?MON]:2BSVPFQ!D]I(G+M,6
MA:QK>7BAA(YMQPF7NO")3L).Y("^.1*2HB3"&"YD-<P"EG6^4-=W%LQ,@S>`
M<5A[^[8O&,-/YI:,CQHN#[G:J;?R`_6-(Z,@-2.--YFAB+S#Z;"@N.A#20GD
MC1A%LE@6CM]A.896.64S)8T'F4&P'*CAF;:W8G=<=.K+87U>0HY?JER6)NK6
MPL.3HQ(/6G4R4UR:,/R<4E#8DKQBG@Q_(K?4E5ODG(@NY#+%39M'7LDXZ7`$
M`S#N&J-'=H9I6&[J!KRXMEWI94V3E/E4479/;A)1,X7TC/O7/9EWI,?06AXJ
MC&&9R4NNMIK"FZ1"JJE'#-DIJ&"B:&6(XWQ*!D>INU6\^X$T0A&CAV$1H)#6
MM-%R<G@''T.1TO#/]PQ;N8\-?K/]J"2,3<XR''NP,:M@NX2@&.!KO<&JE\BA
MC/#"]Q@F/H'L'L7.2_G&4S.8SA)VG0$CPQN;V+,;[?0I-GP=VDO%$ZVEABW"
M@B,SG/":<&^RI=*&PP#3WDDES68HH`W6"U^@4"@4"@4"@4%7_-'ZKC<SZ+0/
MVO;-!:!0*!0*#&7K^AKM_5E>_P`J-4$$^(OU6W'I_!SKU^[%N4%B5`H%`H%`
MH%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H*O^&[U>\5_2EMS_.-/M!:!0*!0<8[
M<Y8F;NG8ELU"Q8>Y'`Z(*$3S.6"S[FQ-B@!C#!ELANK83+##/*V/3>UKW^"@
MJ8>O'S+1^\AK+-D]M@.C8W36<-<=F+.XTX5)`<4@R`*N.>-)&991,22(Q--C
M-\R.]<;%3O:F#"&XL2F`@=R8.5PWXY],`P]0Y'@J)%-`BR59-:34R=\D%PU]
MP%WE(#50&:@Y#/E2/J(;S<;1<+?9)9N&@\S>)DNVL^Y2W9V#"PL$:X]X\94;
M<M-M\.8W!BJQ+R\]Y;.QBE&971$J*G2?FS*<V>[XG&;1YJIJXYQ%8\.DK82P
M0`(&@"I(S;#,/`VFFPY#5XWY&1HWR0;R+'Z%);6B33!'BB1T9NJRQ9GS3J.Z
MY77P7V?1%+)-LJMUX(TC613!+M\1\DG(V7S$OB*'<,.%+7&:XWRL3<G)1^*U
M!GNQM(B="RR\#$FY/&,"638AUG/"+5!`2E>\>+D>JP<367`5"Y*ZE@JJ.8=R
M]L\+'\@DM$>GJW%DG;`+[<<R&PXUE=IG&TSV0R2!8<6.%$6^10@XV&?44`@I
MQZFE$;`#$5K@'E1N=]"]CZ>72KBFBQ@(6#<8DV^*@)O)KD@1'DU=BJ7H>DIT
ME\YG4T1[7?4?PHRD.:LBCC<*THI3^L)!2:,;1BN8*<!8W?/$Z:,%;#&@SYU<
M9CF72+\[WK,1)9^5'!O&7?X83;500U-%VO<EG)&DD]^"A8)7-R]K.+@.60.U
MZI?N584K%3:<(/82P6YMU*&0F^A(9A545T=&1DQ*'7%<7$9661DXD`3$550;
M#'#`514<P;C#Y6M:V0N>5[6M0=S0*!05?\R/J]Y4^E+4;^<:`J"T"@4'6J*R
MDH]T^RJI$4[)64BR,EXG#0)?-25CF(N99-(X"YXY&SPP8`F>(0=LL^S#SRZ.
MKCE>P:84=IM9$<%QF5?8F#4HLSG`5:;O,J<KL0@6:;J/9A!D6PYS!M=!!;[B
M.B#X8@D3>0)H6^>-L<+WRMTAW.&PD!YH"`Z\)NB+-KNIU`L5L.7&2&==ON)\
M&#N":79B&LV6>]RJ[#"B)B7#30!,SF8]^I8.^7P4&7O>0V!&2.`X9(?#08""
M:5DM`*K;U<B,UDDTO+9G$DBHA907#A$H86%@YE8$J5PSR',"WM@'CEE?HH,N
M#$#&##%"SQ$"%PQ$#$PRME@('GC;+#/#*W3;+'+&]KVO;^FU!YT"@T\7UY@$
MFXQ'@4@V'BKM&6,7",Z2\9LL!QBK^`G:X+@BV$B8J>:Q@+^58S<6XULOAZW3
M0>Z4&C!`V:!+$TMB)!18>,#.-KR7*"*SL\XM-#9E@C"\@/)UEKY,@P*(&#CF
M:+F2N65\<+7R^#&@@CJRU-/=:3<VR4:V-US?SDG#:5ZRGC(8^4:-AT-EU[-N
MXDF(41D%X-T+2VH@K#B!#34,N(*&;4,[V!QP%RM:U@L!*0W$!`R]CI&*HW)G
M)*"4@9&-E&,V"YE_@K-L[+`3V'!2\!74$JV%R[IQ/7'L/UK]?K=-Z#T$X1AA
M/*-L@0B*,"1%FKV;I9Y,HPFJ7*M1SB!X`YN)M%P4K`)"7<@0L<+FRM@C'4QM
MCU^BUK4'K4H,A-91U-O*\/18JH"V\!Y#64-2CYI'D=7?YK++,T^5-,-)`I(^
M\#.>=[B*8N&9W.][WN)?IH-)OJ1-/FP['*F^.#6&)-@D!D78"<YU-:API*,:
M)RN3,%6F4$2E\Z56"Z$5/9X#DDHU8-/.9!]2V&6.5Z#9FOT0J</LHT1=DAJ4
MP26[UF[QE.6UA"0FL>D-YBHJ*W,5G!L-D(%`;22G-EN)R:G)Y7KAE2!$'#(0
M83M!A`W>,,"6!%,&!0@"X`0@PXXPF(0(((6-\Q111<[XX!A!X8WOEE>]K6M;
MIO08DP)#84K-))?T8O1K2&QE_N_O$\64NICF;"UBEJ9U&4,TE=1C)Q,40R:L
MG#EQ,@1<\<1@<\>GIQO0?KZD-@1<W3#ODQ\-"/&F3&+%CCH?+D1VFW"9@X)V
M)0$VMKQP@F%A30U[8!VS%QOGG>V./3>]K4!QR$PF><;"<['JU&R?>RIBALTD
MON!)2#;M6LB^9O%';)=0-EQEU5R*!9C6+E;"C7"PRSZO5QRO8,C4E)/1T\^K
MJY\DE)*42-*2FIJ1H`BGIR>1`S,G3Y\Z9S"+$R1,L%D(**)EC@'AC?+*]K6O
M>@]Q4T6/%BYTD8`.$S@`)HH;*C!F"QHL8#Q%`,%QPLLPAP!PL[989XWOCEC>
MU[7O:]![Z!05?\T?JN-S/HM`_:]LT%H%`H%`H,9>OZ&NW]65[_*C5!!/B+]5
MMQZ?P<Z]?NQ;E!8E0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*"K_AN]
M7O%?TI;<_P`XT^T%H%`H(:SU([G2]@8)B<!1,MYA.^)]GI/=2V4-#)8ZBO1&
M0BI+:+3[\ES)4=/*B@2>IK@N.&80@N2`'^5V.`^.04\ZH;CSHR$F'UYZ2?FY
MV\^-`-/W(N++J>[OFYH)&P;\EEB1VZE^9UEP@-$U"$JO$G(F.*2VL5@NWE81
M/4#2@=2\$VPHP;&DSD8E^3(,35),9YQ`5EV)M79N0`X5<E\G`M/0Y*6M2A(T
M-G'2.]44W&RP>R?1Q'+)SD2045PHYS$0-9%S`5")8-QNCD<E=SIX2-#6$,?&
MD_KLJ30F7>A5[H[@=QD=!G<!7;T3QR,**ONU\Z^OJ-DA->*$;N7'Q$-CW-Y(
MV.9/M0SZ?9C>RFV.,%SDY(2P,YED3,21SJ;);IA*.WZBJ.FLXOFX:ZOM05;4
M4AK92(D(QLKT6,6Q/8%0<1+=MU1`P]9Y!G7&AJT<H_BX<HR2D(HC35EQU/!W
MGG<W1]+Y_G/-WEW.=-)ZF]FT%-$'V;("[</$-5*'+_UG=UL<A0RN+=ZY\<;_
M`(Q8CHCY@+"LXGA!24Y$AF);P25%<C6?8><4K%YTCH5=75@`W'\0JQ$-M+UQ
M\1K&SJ6ICV&("7)$!0[W9O9628WV'BN3FRL*%]6X5E9L:_[1EB1YGY-PPK;&
META"27:L8&%>[O!4H'?"VQ!KY%">13%&<C@S,YVR)8W!#4BCR);!HZZ8%,MR
M#U)LD7*\;#)R8GO;!Q&VRPN08/34\1)JQAX9HV"XZV:KE'*2.Y@=R$C!40+,
M`V5,XF2@<M'Y+Y0,Y1^MKC&C]OL-]MF/EY<=*H&Z$X"&WH_8ZVD5#^ODDXG%
M;#J2ZP9'@Y!2CG38A<]DXKE;$2AFY',X&LG?R8;)'HL>#O:2+#2&:.Q6NJ+.
MP!;SS<R^@/0#CS8FZ0*\HDC#E))ZXA)+E651MY$+%P11;X%QLQL1`!RA@++H
M-E!SN38?8Z-3"P5=;":3(UPDUGN@C841.P6)F1I'L[VNDFA3JCGDBE<8^3EX
MH!F.,(5`<N.&.=P.PMB$P*!05?\`,CZO>5/I2U&_G&@*@M`H%!5V=D8;+E>D
ME)DA;*-Z+-=>.AD2PS!W`>)I[93%66YOEQ(FJ1C1LYF$5)#-QHPB@D!#HN6/
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MJR%-P]J<=1M7-G9=VL2G2VMB]JAX-DL8JR8-8I^,F`R7WM>UC:_#882.`&[7
MN\3;&:>*^6/W5A$U$3E0^EDPQK9VQ#!YIWJVZA34(9Q/;:!I^5`B:8[M[<D6
MPCM:"":8IH,0R`CI4'.QXO3$99CM4;Y%K8ER"^RVN5-N%7<SA%P"4$XHG8Y7
M#+98WLVA1'YMJ^6QL8W08^UVV,XHD=H1N18L5GVPYV'N>IPD@RPT'.\3*<>=
MAM)-$Y,.G$,^0/$U$F<!!RN8,EK9%[A*KDM5LD3;CB55I7,EB&G!'967!YJ4
MW!F&%':=.N<%N$KIN:DDR8O9,*(F,H&3_><8_?$B$[N\^76Q-6*7L'6\MA"(
M#<(*3P:9QCD9K/[#\9;2<3T*ER"JI%6J5Y#H+56"6<]PC14JI%T==4U`XF$S
M1@,;(,8WV-\0A!\J".Y_>&=6\JSA!#AVQ+C2#&VXNUD31ZOBL*&&Y(,CQ]%F
MG,0[$)H;B=J@E)T*L$K$#LF4+-2,6;1U5<242)DP"=Q<E`U0=Q%/(7L0\0]%
M)+>CB"6(EV!A/0<V[')KN%%#OQ9FQVPR!F=<<>["Q*X<#DF-.-IT<2@42VB[
MFL>,%VX?+C@J9<(,(P8S#?7'+MA,VU+FC>4E?8R!WA'LGZ]*[CD#6Q!4":O,
M<(SRC.]ODU=,NGH\<,U9CAM,2QY3:KA17:=6E#)<(E12IRV5SF(X16FTF^7%
MR`\R#6CJ0-4V,9</']I2@N)0VH1C:\P@BYXCN05Q,+P91VM\@2;J:2.B"*.2
M@64`,,1`,\P<@K9A#!&]C<B3OB/0O5%4@:1G;'1:'M.^-):,PC.R='P[K1V?
M*6QMM?U!US%(#LP*+LK$IBCQI'<6X"T$Q![S`$Q%D\:`L=3">`2W3=T-HB,W
M8*ZAL,DN&/2/-:H<?]HN$C^+2+>5X/>4!IS[2L5!RD$>STR?#+<ZB&92SQ50
M+6,E\,P3P!S$;',$,,X5MJ$KQ=H\,R3)0<&-N&F%L'*C%9SC'CPHR=AHG,[,
M3&._-CB$D*10<X1;T*N,N:;BTWRIU/';PF`2DKW$*JB7V86\[O'XZDC0?8H^
M.H,]\17(.O;O$NI8JB6L,=XL=VM86V!HLM%38B4IM]P(JA;($T`/<,8$7$0(
M3X<<J"M2-`I9T]VHU#X[I/\`C=)<#"3:Y9#X_=AE7$^YCA.*F=K?/83IU,FA
MT&A#9H*28+2U<')HK9L3*[M975PSS[XI1WM@G%N0_&GL-&31UKBS-%GA(VG-
M.]OR&B1Q([6+9+6M,>J6*%LABGNP-P$TP$JJ*ADHP%',$W@9)F7$+CA?`P7R
MM@&FN*_84NSM8W5K+LH]T-ES'Q\2D3T_D8S(KS:1!2/M4;-N9ZCN]:5<57O2
M:4Y>AA[-,L$-@-G94<]CA8"^8]KAV"U=IOYB/VSDNQ7JTGI9FNQ:83ONTW&C
MN.S5?3:S!"<3+<ET<X<[QNQ`%,!XG4XUV1PKEGC84/&][=(9;05?\T?JN-S/
MHM`_:]LT%H%`H%`H,9>OZ&NW]65[_*C5!!/B+]5MQZ?P<Z]?NQ;E!8E0*!0*
M!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*"K_`(;O5[Q7]*6W/\XT^T%H%`H.
MC5VVA+QE$.*Z86/'&VJ=^D`X)CEB;2%2Y(VFBFR!H+(,<OD933XY8;''+J#E
MAQ`A+9!YY8W#N;!X6ME:V&%K9Y7RSM;&W1EE?^G+*W1^5E?H_IO0.S#Z^0G4
MP[3/#$/+/JX]?(/&^>6.&671UKX8Y"97M;^BU[W_`-]!^]3'K6SZN/6M;*UL
MNBW6M;+J]:UK]'3T9=2W3_OZ+?[J#\S#P$M?$3##.U[=%[9XVRM>U[VO>U[7
MM>W1TXVO_P#E0?O5QM?K=7'IOC;&]^BW3?&W3>V/3_3U;7O?X/\`\:#\[,/K
MXB=GAVF&&8>`G5QZ^`8EP\A,,<NCK8X"9!8WRM;X+WQMT_T6H/WJX_\`RX_#
M>][_``6^&]^GIO\`^M^F_P#[T#J86MT6QQM;_=U;='P8]7^CH_\`E^#_`-*#
MPL"#CU^J$%;M!;#"=`>-NN-CU.@7/HM^4+;L\>C*_P`/Y-O]UJ#V=6W3T]%N
MG^CIZ+=/]/3_`$_^OPT'2I#<0T$=;-)":6)&W(KB+J^;#MEF;6%<0H43['E`
MT+D(8,B@)Q`N6!MEE?$`J`$"';$,/#&P=W0*"K_F1]7O*GTI:C?SC0%06@4"
M@U`[85:#KDIG2YD!BGOQI-QRL$95#*%#0+IC!ZG$91=<=NHD:#R"56^>5FZ1
M/%NF]A2)XM;,++LAC8!D.RSA2&A&<CQV)$D9"1^WA0QT!BYL)JY,Y#'"%S&"
M&1VQDE71$T4(87+/'($#"^.65[V^&]Z#(UQBLASET4HY6:U7"5;9THI-TLN-
MY(5BZ`HD,+!D3Z*"?)F`TLZ3PQM8(4"P>8=K=&-[4'$<\:QR]2Q<F\F`RG:3
M**O?TJ5<[50EXL67/R/_`*R7`52!L(%5_J\?^(QM8;X+?E?!0>-HRC>SL&?E
MH^9%GR82PT,P\[--!L[!T0(MF3"1QG%8AWX%2PR@F06)?(:X-@\KXVQZM^B@
M@UL?K%"L^!L&#8RE:'XC<43/12D@W!0,<0E*D=/"RTVU9`4,95UT<9<KWX`*
MEEH0ZGGRXJ8;)'[8CV%$MTX7#;\-Z1:^Q0Q$YG'(NB9XF"JN[W$,>,0W&3<0
MB*Y(*,F-]\_$ABM]N%6M'J"Z$5'+E3I!-!PLH!X9"'A#AD8P8&#<V<#P<*7.
ME!(9B@0JI]X>^1;..VAF74/BJ"&7;'=H.2/<,W\7"X6.!#M+9=QX8VQ"ZEK6
MM0=L\E6*CQE)B605&/CAR3B2VG(49/$VW#!F0DY%3LU)QD4IF+0F8KL))*2%
MD8.A`EC`8!?&^8ML<+=-!PB\)0R4:@##*1'&)5CE5,LMEF878+5!:A=9)WQN
M45@&Z&DXI`2F5OAC<,QB#87#HMU<K=%!Z34%0B>,8G#L.16<-X.H-]XFC4>M
M(P8Q?`)0<@"\L1QDC,6SJ"(FA`,5&U^[,01,L+"=7*]KAK%KFM*R+T;J0RC&
MKI.0VM8%D-)+:XT3EWHW+)^*AB7:#=)).6"XD6)8'S=L$\MB'V=AA>@.W7SZ
M0W8VHUCEF+KN=#/8#):CFD!0!5WXXFTU4)"77LJE\1<"ZF[E=+(%5!R*`&`^
M=L!C@@PF-L\K6RMTWH,<6X#@MS+AUSN2%HF<#E4A`15%PK<<L]57#XI?+#,N
M*=5CZ,8/FA`,PL;X9""97QOC:]NCHM0=@ZH9A]]J=EI[Q3&SR6,6^(TL59U,
M5KN%3Q:HQT)3&;-CZNEG#5F^*I`8&,B77[FR'PQ$OAUK6O08@C,G6)V+3N0&
M^T8(<KB9;S*+;\14=`C]966G(:@FX'""L[4XD4,G4)Z'4<;$4(<Y@$>$+9VR
MQROA>U[AS2\*P&NH!$)OQM$W>HDFNY$;BD@L./SI=`+.KNM->0#?Q&05%'*X
MJX]Q0U(#L<P#8F.6!H(6W7PN'=-V%(J;$4MJ$$]AM@Q%+2;B.TT1BJZ*G+#<
M+H2"7!+)9$1(42QA/&"*X%\+XXW"ZN.5NG&UNBW0&?=Y4:P22!9)3+`(`@0R
M$#W`5[)%&`(F$L`5)#[+J)H@*8;%+X9`VPOB`+F';\C*]KAB:)$\6-E02%=M
MQJP&^K(!-73T%31&:W4I01"#@5#BXOD4@Z03BYE-)KBTHF#AP('+#`R:'$%$
MMD)GEE<.(8AB'C9]P*IN*(U-*CM/(RHZE(PQ6N,?<RFW%<HOMY1<!P1+R,+)
MY!7B`!TD,9R$$*FP0Q@KXB88Y6#\CV(V'%ZC(RPS4%/2%:6'X>DE_GR*<E)@
MCC=Y]+2D017/@HR>FE!SEDA#*`9F,P\C1FX7;&11C`@HV8;+H*O^:/U7&YGT
M6@?M>V:"T"@4"@4'4KR>(KH2TE!"8!"J:2HIX8HELKAAB'28Q;`3.V-KY7PP
MR%M>_1\/1:@I>UDA3F,U>UU@[7!LA<9KH;L%14Q8G1'*M.C:<@L.!+8;<3VV
M26E4B39)@F345,!.Q&'"!SR"P$SO;"_5M:@WEW9S4_)WBZ^>>V'@'0.[.:GY
M.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V
M'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S
M4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77S
MSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.
M[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WB
MZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`
MZ!W9S4_)WBZ^>>V'@'0.[.:GY.\77SSVP\`Z!W9S4_)WBZ^>>V'@'0.[.:GY
M.\77SSVP\`Z#>W'QKL_M5-2HT@^4EQG..0FZM2TY76JQ]BMXLL15E*9Y"E<0
MDW/C(`57<TU)#>^)3',T'B+G<"^5[?#03/H%`H%`H%`H%`H%`H%`H%`H%!5_
MS(^KWE3Z4M1OYQH"H+0*!0*!0*!0*"HB-L4DMS@[@&AL4PN;]&[I0)W2+B4!
M-=GE/VY.)K/MLK8C]GE@`#86_3T7M@';+_X<.@-7[*[^R[B?Y"UB`'VRV\7T
M/UCA[96+&ZKH:*Z6WMHG/%'DMX+=S2N/?!<O'CG-QL*QT,ZUS14R7<.0YK,<
M[AD5)W#7IW=O;U/F5TK9R2VN3CQF<M6L^E8D+J$5MTJH#Q3LU!6N[Q44ASO4
M)9-+@+^BYU30/F0.$K%L#8A#(,X"."/A@6"+;TW/>LHNWC8WW/#D'<Z4Q6Y:
MUY`U82D=MDW"U71!^M4_)"!#159+DKR`)(?588:2X2QS,T&:73]A"Q8H$$7`
MS#;>P?(CMS$T!&Y/CR8(YDHE*G%:L[Z,^0,HY;AI&B"3F8](,3\VV`FHZ@EE
M5V()?0YJ,@((:N(;7$XVV#6>9X_;,7`L%H6HTQ32O;/[YZYRZ_D>3B6O;K@-
M;8#K*,Q(8ZN3;TZ11D\E%EJB8A&C!`^G-5?2#%TLX+UE#,D;Q"-C&1`>Z!`^
M?S9MJ.E3UK_\A=62B6OI*-6AO<Z'K(B^ZQ14.;$%#9>K>I;P=)Z!W(8*BM-#
MG/%-3NEA&#M\>S=@H66?3EEA:X6"J&[.Q1Q?WLD<'9IIP7`VJ[#UG<S$;4MZ
M\7=#EPMM%K2WW,VDF6A$ESEGJ.[6M)#M("ER9*Q80\H])`UE8OG<3`.O+[T;
M;K#Y)Q(F2DV&VID.7Q'T>45AS,F,WB_?$J^-'L-E2%G$78:V5CPK)+5>0@Y,
M,VG@Y$\P2^`!@(84`SD.'81'OO/TGEHYU^>.P\:0E*+@;')H70-EW6R683;L
MGR)I%MF>UR8B.99RXH`,\GF&S<@G>^$I,%+'C)0'/O6,FE\#`H(:2,39-<'[
M';ZS['4EQ^%?/<'AO:4JMM&CPJ.T)E([)1IJ[#+Y-DU)>5C+H9*;9&DD560,
MP!,E$(V7`Q.#&P,LP;A:E!;O<"'R:;T08G9&1HP%@;4+9$`ECU>];5EF45K8
M:,GZ"1#PMU"63X;T(H*F.#CU<1#P1DWE:XIL400+*:!0*!0*!05?\T?JN-S/
MHM`_:]LT%H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`
MH%`H%`H%`H%`H%`H%`H%`H%!5_S(^KWE3Z4M1OYQH"H+0*!0*!0*!0*#13NU
M=UHD!S*#T?FO,'/9XJY4`BJNQW10Q'*YE(B5MG8L1/KRR@G50V1+6$R[,$07
M(/#K7Z,;=-Z#NSD!P8H'6*I'H:BLVH1>D$6_&QTQ'[4%-,!`2\R0J8@LP?-)
MN(V41-&3"HA<H3N"7`%*@YX88Y!!WQ#BG-==?U$XHJ*A!T0GE!8>Z=)BL>-Q
MNSC)M3DE'P##2)#/F1D?,8X^DH,'#$JKB7R4"^.&-@QL;8VM8/00UKUU2GZ:
ME1,@2&$^3CSD-O$Y(I*+V05?1EW*!"Z4?=(SM!0\%\1Q'DR]RXQVYCND4&]\
M,\[XWO:@]976;7$DVG8RRD!0P79S\&P,/=I!1@RL6P[Q0CYE5"R<R!9$[TKF
M(2H<&-8XF01<<3(P@MK=IGGE<,U;47QJS%YP.IH1\R6LZ':`D%76Y&\UD1&<
M#H+-XIW`@%W&LIQ$NI+@*$0_J"6)H46Q4'\@+J8_!0:\\E+5WOZ:=/DWP-=S
M'W`"[3[CRB*/\ET\ZRXH8X#G.J^3?NH&W&`,#AG@>$$R-8Y8VO;.U[4&3*<#
M0<MYR0*LPW%:L+,:8&BRZ(IQ\TSXDJ(X)3O>`E2/F:21<GPG%R']0&`I]U!A
M@?U>-K8?!08\FZLZR(Q@F<1]=8,2CB>O(;I(&TV)F$0-$G0V$$-JMIRE#!5`
M"&+.!NM@+%-('<,L3),A;N<+/`+\B@\%?535]P-M,9R]KC!"XT41[&)+1FLL
M1&P%-NI$CFS`ILV_TQ%.M\=-(/4X:'$%&50@L#PH@F>60M[Y97N'<+.NT`.(
MXYE%P0=$*X?>BVWW,\CRQ&[.4C;M<;2N%=IN!SF3B.,,OK;6N7#[VFC=QAR'
M9X]AD'U<>@$9PLVXX=,IR$'GWYD:9W`CK;_=HY0$F.>)--%!;#$:B84"R%LF
M-1DMT&X1(K802]S1HX<$SS,G#&>8;CH%`H%`H%!5_P`T?JN-S/HM`_:]LT%H
M%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H%`H
M%`H%`H%`H%`H%!!7DI@V4MCM,Y2B6%4MN+DGJK@A9U-1$=KD$:#>63,7SO&4
MI'TA1<X2.OYH>*FD,PP`&8[B,V#&$PZ0[VZ:#5WE$<J/LS8&]XV6\T.@>41R
MH^S-@;WC9;S0Z!Y1'*C[,V!O>-EO-#H'E$<J/LS8&]XV6\T.@>41RH^S-@;W
MC9;S0Z!Y1'*C[,V!O>-EO-#H'E$<J/LS8&]XV6\T.@>41RH^S-@;WC9;S0Z!
MY1'*C[,V!O>-EO-#H'E$<J/LS8&]XV6\T.@>41RH^S-@;WC9;S0Z!Y1'*C[,
MV!O>-EO-#H'E$<J/LS8&]XV6\T.@>41RH^S-@;WC9;S0Z!Y1'*C[,V!O>-EO
M-#H'E$<J/LS8&]XV6\T.@>41RH^S-@;WC9;S0Z!Y1'*C[,V!O>-EO-#H'E$<
MJ/LS8&]XV6\T.@>41RH^S-@;WC9;S0Z!Y1'*C[,V!O>-EO-#H'E$<J/LS8&]
MXV6\T.@>41RH^S-@;WC9;S0Z!Y1'*C[,V!O>-EO-#H'E$<J/LS8&]XV6\T.@
MC)N63Y3]P]8Y=UF$T&@&-`IA;Y-JCOT;?C!WAM4M=>2%(RKW;!?5I`&7,BX"
2?EU2^)TM<3*]K=I:@O6H/__9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
