-----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,
 WiMGRxoq4uyJcXqJSEsJ9yrWsiWm7Ris5DhB6y3nmIIZ/aaBBoX+fbapgWnthNZZ
 uPRnDshUQQfAf7higoFl5w==

<SEC-DOCUMENT>0001193125-08-252779.txt : 20081212
<SEC-HEADER>0001193125-08-252779.hdr.sgml : 20081212
<ACCEPTANCE-DATETIME>20081212162123
ACCESSION NUMBER:		0001193125-08-252779
CONFORMED SUBMISSION TYPE:	10-K
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20080930
FILED AS OF DATE:		20081212
DATE AS OF CHANGE:		20081212

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENCOR INDUSTRIES INC
		CENTRAL INDEX KEY:			0000064472
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION MACHINERY & EQUIP [3531]
		IRS NUMBER:				590933147
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		10-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11703
		FILM NUMBER:		081247038

	BUSINESS ADDRESS:	
		STREET 1:		5201 N ORANGE BLOSSOM TRAIL
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32810
		BUSINESS PHONE:		4072906000

	MAIL ADDRESS:	
		STREET 1:		5201 N ORANGE BLOSSOM
		CITY:			ORANLANDO
		STATE:			FL
		ZIP:			32810

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MECHTRON INTERNATIONAL CORP
		DATE OF NAME CHANGE:	19880128

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MECHTRON GENCO CORP
		DATE OF NAME CHANGE:	19720411

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MECHTRON CORP
		DATE OF NAME CHANGE:	19690909
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K
<SEQUENCE>1
<FILENAME>d10k.htm
<DESCRIPTION>FORM 10-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 10-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <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:3px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>UNITED STATES </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P> <P STYLE="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"><FONT FACE="Times New Roman" SIZE="5"><B>FORM 10 &#150; K
</B></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="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="3"><B><FONT FACE="WINGDINGS">&#120;</FONT><B></B></B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="3"><B>ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>For the Fiscal Year Ended September&nbsp;30, 2008 </B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="3"><B><FONT FACE="WINGDINGS">&#168;</FONT><B></B></B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="3"><B>TRANSITION REPORT PURSUANT TO SECTION&nbsp;13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Commission File No.&nbsp;001-11703 </B></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"><FONT FACE="Times New Roman" SIZE="6"><B>GENCOR INDUSTRIES, INC. </B>
</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="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="50%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Incorporated in the</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>I.R.S. Employer Identification</B></FONT></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>State of Delaware</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>No. 59-0933147</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>5201 North Orange Blossom Trail </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Orlando, Florida 32810 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Registrant&#146;s Telephone Number, Including Area
Code: </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>(407) 290-6000 </B></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"><FONT FACE="Times New Roman" SIZE="2"><B>SECURITIES REGISTERED
PURSUANT TO SECTION 12(b) OF THE ACT: </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Common Stock ($.10 Par Value) </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>None.
</B></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"><FONT FACE="Times New Roman" SIZE="2">Indicate by check mark if the registrant is a well-known seasonal issuer, as defined in Rule 405 of the Securities Act&nbsp;&nbsp;&nbsp;&nbsp;<FONT
FACE="WINGDINGS">&#168;</FONT>&nbsp;&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#120;</FONT>&nbsp;&nbsp;No </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Indicate by check mark if the
registrant is not required to file reports pursuant to Section&nbsp;13 or Section&nbsp;15 (d)&nbsp;of the Act&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#168;</FONT>&nbsp;&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;<FONT
FACE="WINGDINGS">&#120;</FONT>&nbsp;&nbsp;No </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Indicate by check mark whether the Registrant (1)&nbsp;has filed all reports required to be filed by
Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2)&nbsp;has been subject to filing requirements for the past 90
days. &nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#120;</FONT>&nbsp;&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#168;</FONT>&nbsp;&nbsp;No </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Indicate by check mark if disclosure of delinquent filers pursuant to Item&nbsp;405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant&#146;s knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form&nbsp;10-K.&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#168;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="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 definitions of &#147;large accelerated filer&#148; and
&#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="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="17%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="21%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="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 FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Accelerated&nbsp;Filer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#120;</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 FACE="Times New Roman" SIZE="2">Non-Accelerated Filer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><FONT FACE="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 FACE="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 FACE="Times New Roman" SIZE="2"><FONT FACE="WINGDINGS">&#168;</FONT></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act).&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#168;</FONT>&nbsp;&nbsp;Yes&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="WINGDINGS">&#120;</FONT>&nbsp;&nbsp;No </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The aggregate market value of the common equity held by non-affiliates computed by reference to the price at which the common equity was last sold as of the last business day of the most recently completed second fiscal quarter was
$115,685,100. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Indicate the number of shares outstanding of each of the Registrant&#146;s classes of Common Stock, as of the latest practicable date:
8,079,872 shares of Common Stock ($.10 par value) and 1,532,998 shares of Class B Stock ($.10 par value) as of October&nbsp;14, 2008. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P
STYLE="line-height:3px;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" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>DOCUMENTS INCORPORATED BY REFERENCE </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT FACE="Times New Roman" SIZE="2">Part III of this Form 10-K is incorporated by reference from the Registrant&#146;s 2009 Proxy Statement for the Annual Meeting of the Stockholders.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Introductory Note: Caution Concerning Forward-Looking Statements </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">This Report on Form 10-K and our other communications and statements may contain &#147;forward-looking statements,&#148; including statements about our beliefs, plans, objectives, goals, expectations, estimates,
projections and intentions. These statements are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. The words &#147;may,&#148; &#147;could,&#148;
&#147;should,&#148; &#147;would,&#148; &#147;believe,&#148; &#147;anticipate,&#148; &#147;estimate,&#148; &#147;expect,&#148; &#147;intend,&#148; &#147;plan,&#148; &#147;target,&#148; &#147;goal,&#148; and similar expressions are intended to
identify forward-looking statements. All forward-looking statements, by their nature, are subject to risks and uncertainties. Our actual future results may differ materially from those set forth in our forward-looking statements. For information
concerning these factors and related matters, see &#147;Risk Factors&#148; in Part I, Item&nbsp;1A in this Report, and &#147;Management&#146;s Discussion and Analysis of Financial Condition and Results of Operations&#148; in Part II, Item&nbsp;7 in
this Report. However, other factors besides those referenced could adversely affect our results, and you should not consider any such list of factors to be a complete set of all potential risks or uncertainties. Any forward-looking statements made
by us herein speak as of the date of this Report. We do not undertake to update any forward-looking statement, except as required by law. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>PART I </B>
</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="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><B></B><U>ITEM&nbsp;1.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">BUSINESS<B> </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>General </U></B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Gencor Industries, Inc. and its subsidiaries (the &#147;Company&#148;, &#147;we&#148;, &#147;us&#148; or &#147;our&#148;) is a leading manufacturer of heavy machinery
used in the production of highway construction materials, synthetic fuels, and environmental control equipment. The Company&#146;s products are manufactured in two facilities in the United States and one facility located in the United Kingdom. The
Company&#146;s products are sold through a combination of Company sales representatives and independent dealers and agents located throughout the world. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials. The Company&#146;s principal core products include asphalt plants, combustion
systems and fluid heat transfer systems. The Company believes that its technical and design capabilities, environmentally friendly process technology, and wide range of products have enabled it to become a leading producer of equipment worldwide.
The Company believes it has the largest installed base of asphalt production plants in the United States. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Because the Company&#146;s products are sold
primarily to the highway construction industry, the business is seasonal in nature. The majority of orders for the Company&#146;s products are received between October and February, with a significant volume of shipments occurring prior to May. The
principal factors driving demand for the Company&#146;s products are the level of government funding for domestic highway construction and repair, infrastructure development in emerging economies, the need for spare parts, and a trend towards larger
plants resulting from industry consolidation. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In 1968, the Company was formed by the merger of Mechtron Corporation with General Combustion, Inc. and
Genco Manufacturing, Inc. The new entity reincorporated in Delaware in 1969 and adopted the name Mechtron International Corporation in 1970. In 1985, the Company began a series of acquisitions into related fields starting with the Beverley Group
Ltd. in the United Kingdom. Hy-Way Heat Company, Inc. and the Bituma Group were acquired in 1986. In 1987, the Company changed its name to Gencor Industries, Inc. and acquired the Davis Line Inc. and its subsidiaries in 1988. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">2 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In January 1998, the Company finalized agreements with Carbontronics, LLC (&#147;CLLC&#148;) pursuant to which the
Company sold, designed, manufactured, and installed four synthetic fuel production plants. These plants were subsequently sold by CLLC to a limited partnership (&#147;LP&#148;), Carbontronics Synfuels Investors, L.P., which was the owner of the
plants. The Company was paid in full for these plants in 1998. In addition to payment for the plants, per agreement, the Company received a member interest of 45% in CLLC. Revenue to CLLC is based upon the production of these plants continuing to
qualify for tax credits under Section&nbsp;29 of the Internal Revenue Code, and the ability to economically produce and successfully market synthetic fuel produced by the plants. To the extent the LP has been successful in producing fuel which
qualifies for tax credits, has sold the synthetic fuel, has sold the tax credits to investors, and has had sufficient cash flow to cover all operating expenses, then the LP has remitted cash to CLLC as additional purchase price for the sale of the
plants. CLLC generally has distributed any cash receipts to its investors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Also, the Company received a 25% partnership position in the General Partner
(&#147;GP&#148;) of the LP and in Carbontronics II, LLC (&#147;C2LLC&#148;). C2LLC has received royalty payments from the LP only if the LP has been successful in producing fuel which has qualified for tax credits, has sold the synthetic fuel, has
sold the tax credits to investors, and has had sufficient cash flow to cover all other operating expenses. The remaining interests in the GP, CLLC, and C2LLC are owned by other, unrelated entities. An administrative member of the GP, not the
Company, is responsible for administration of the day-to-day affairs of the GP and LP. The Company is entitled to appoint only one of the three members of the GP Management Committee and has 1/3 of the voting rights thereof. As a part of the member
positions in CLLC, C2LLC, and the GP, the Company has had the potential for income subject to the performance of the LP. Future benefits realizable by the Company on the synthetic fuel production plants depend on whether the production from these
plants will continue to qualify for tax credits under Section&nbsp;29 of the Internal Revenue Code and the ability to economically produce and successfully market synthetic fuel produced by the plants. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">3 </FONT></P>


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

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

<IMG SRC="g14486tx_pg004.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">On January&nbsp;5, 2005, the Company was informed that the IRS had concluded its examination of the investees with no
material adverse findings. As a result, distributions suspended since August 2003 resumed. The Company received $44.2 million during the fiscal year 2005. The Company recognized income of $14.5 million in 2006, for the distribution received less an
accrual of $1 million for certain expenses associated with efforts by the Company as plaintiff in a matter against its synthetic fuels partners. The Company received $19.9 million of distributions in fiscal 2007. The Company received $15.6 million
of distributions in fiscal 2008. These distributions are subject to state and Federal income taxes. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The tax credit legislation expired at the end of
calendar year 2007. Consequently, the four synthetic fuel plants were decommissioned. The plants were sold or transferred to site owners in exchange for a release of all contracted liabilities related to the removal of plants from the sites. The
administrative partner has informed the Company that there will be no operations in calendar 2008 and almost all of the partnership affairs will be finalized in 2008. It is not possible to predict the amount, if any, of final distributions from the
partnerships upon the final disposition and winding-up of operations. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">4 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Products </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><I>Asphalt Plants</I>. The Company manufactures and produces hot-mix asphalt plants used in the production of asphalt paving materials. The Company also manufactures related asphalt plant equipment including hot mix storage silos, fabric
filtration systems, cold feed bins and other plant components. The Company&#146;s H&amp;B (Hetherington and Berner) product line is the world&#146;s oldest asphalt plant line, first manufactured in 1894. The Company&#146;s subsidiaries, Bituma
Corporation, formerly known as Boeing Construction Company, developed the continuous process for asphalt production, which has been adopted as the United States industry&#146;s standard technology, as well as patented the counterflow technology,
several adaptations of which have become the industry standard, which recaptures and burns emissions and vapors, resulting in a cleaner and more efficient process. The Company manufactures a very comprehensive range of fully mobile batch plants, as
well as mobile shredders and trommel screens. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Combustion Systems and Industrial Incinerators</I>. The Company manufactures combustion systems, which
are large burners that can transform most solid, liquid or gaseous fuels into usable energy, or burn multiple fuels, alternately or simultaneously. Through its subsidiary General Combustion, the Company has been a significant source of combustion
systems for the asphalt and aggregate drying industries since the 1950&#146;s. The Company also manufactures soil decontamination machinery, as well as combustion systems for rotary dryers, kilns, fume and liquid incinerators, boilers and tank
heaters. The Company believes maintenance and fuel costs are lower for its burners because of their superior design. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Fluid Heat Transfer Systems</I>.
The Company&#146;s General Combustion subsidiaries in the USA and U.K. manufacture the Hy-Way heat and Beverley lines of thermal fluid heat transfer systems and specialty storage tanks for a wide array of industry uses. Thermal fluid heat transfer
systems are similar to boilers, but use high temperature oil instead of water. Thermal fluid heaters have been replacing steam pressure boilers as the best method of heat transfer for storage, heating and pumping viscous materials (i.e., asphalt,
chemicals, heavy oils, etc.) in many industrial and petrochemical applications worldwide. The Company believes the high efficiency design of its thermal fluid heaters can outperform competitive units in many types of process applications. Heaters
are available for vertical, horizontal and underground tanks in steel, stainless steel, and other materials designed to meet large or small specific job requirements. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B><U>Product Engineering and Development </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company is engaged in product engineering and development efforts to
expand its product lines and to further develop more energy efficient and environmentally compatible systems. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Significant developments include the use of
cost effective, non-fossil fuels, biomass (bagasse, municipal solid waste, sludge and wood waste), refuse-derived fuel, coal and coal mixtures, the economical recycling of old asphalt and new designs of environmentally compatible asphalt plants.
Product engineering and development activities are directed toward more efficient methods of producing asphalt and lower cost fluid heat transfer systems. In addition, efforts are also focused on developing combustion systems that operate at higher
temperatures and offer a higher level of environmental compatibility. The Company continues to evaluate opportunities in the energy field. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Sources
of Supply and Manufacturing </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Substantially all products sold by the Company and its subsidiaries are manufactured or assembled by the Company,
except for procured raw materials and hardware. The Company purchases a large quantity of steel, raw materials and hardware used to manufacture its products from hundreds of suppliers and is not dependent on any single supplier. Periodically, the
Company reviews the cost effectiveness of internal manufacturing versus outsourcing its product lines to independent third parties and currently believes it has the internal capability to produce the highest quality product at the lowest cost. This,
however, may change from time to time. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">5 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Seasonality </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The Company is concentrated in the asphalt-related business and subject to a seasonal slow-down during the third and fourth quarters of the calendar year. Traditionally, the Company&#146;s customers do not purchase new equipment for
shipment during the summer and fall months to avoid disrupting their peak season for highway construction and repair work. This slow-down often results in lower reported sales and earnings and/or losses during the first and fourth quarters of the
Company&#146;s fiscal year. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Competition </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The
markets for the Company&#146;s products are highly competitive. Within a given product line, the industry remains fairly concentrated, with typically a small number of companies competing for the majority of a product line&#146;s industry sales. The
principal competitive factors include technology and overall product design, dependability and reliability of performance, brand recognition, pricing and after-the-sale customer support. Management believes its ability to compete depends upon its
continual efforts to improve product performance and dependability, competitively price its products, and provide the best customer support and service in the industry. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B><U>Sales and Marketing </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company&#146;s products and services have been marketed internationally through a
combination of Company-employed sales representatives and independent dealers and agents. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Sales Backlog </U></B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company&#146;s manufacturing processes allow for a relatively short turnaround from the order date to shipment date of usually less than ninety (90)&nbsp;days.
Therefore, the size of the Company&#146;s backlog should not be viewed as an indicator of the Company&#146;s annualized revenues or future financial results. The Company&#146;s backlog was approximately $9 million and $29 million as of
December&nbsp;1, 2008 and December&nbsp;1, 2007, respectively. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Financial Information about Geographic Areas Reporting Segments </U></B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company has operations outside of the United States in the United Kingdom. For a geographic breakdown of revenues see the table captioned Reporting Segments in
Note 1 in our consolidated financial statements in Item&nbsp;8 below. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Licenses, Patents and Trademarks </U></B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company holds numerous patents covering technology and applications related to various products, equipment and systems, and numerous trademarks and trade names
registered with the U.S. Patent and Trademark Office and in various foreign countries. In general, the Company depends upon technological capabilities, manufacturing quality control and application know-how, rather than patents or other proprietary
rights in the conduct of its business. The Company believes the expiration of any one of these patents, or a group of related patents, would not have a material adverse effect on the overall operations of the Company. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Government Regulations </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company believes its design and
manufacturing processes meet all industry and governmental agency standards that may apply to its entire line of products, including all domestic and foreign environmental, structural, electrical and safety codes. The Company&#146;s products are
designed and manufactured to comply with </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">6 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">U.S. Environmental Protection Agency regulations. Certain state and local regulatory authorities have strong environmental impact regulations. While the
Company believes that such regulations have helped, rather than restricted its marketing efforts and sales results, there is no assurance that changes to federal, state, local, or foreign laws and regulations will not have a material adverse effect
on the Company&#146;s products and earnings in the future. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Environmental Matters </U></B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company is subject to various federal, state, local and foreign laws and regulations relating to the protection of the environment. The Company believes it is in
material compliance with all applicable environmental laws and regulations. The Company does not expect any material impact on future operating costs as a result of compliance with currently enacted environmental regulations. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company has conducted environmental assessments consistent with recognized standards of due diligence on properties and businesses which it acquired. These
assessments have not identified contamination resulting from acquired properties that would be reasonably likely to result in a material adverse effect on the Company&#146;s business, results of operations, or financial condition. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U>Employees </U></B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As of September&nbsp;30, 2008, the Company employed
a total of 461 employees; there were 448 employees in the domestic U.S. operations and 13 employees in the U.K. operations. The Company has collective bargaining agreements covering production and maintenance employees at its Marquette, Iowa
facilities. The remaining domestic employees are not represented by a labor union or collective bargaining agreement. The Company believes that its relationship with its employees is good. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Available Information </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">For further discussion concerning our
business, see the information included in Items 7 (Management&#146;s Discussion and Analysis of Financial Condition and results of Operations) and 8 (Financial Statements and Supplementary Data) of this report. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We make available free of charge through our web site at www.gencor.com our annual report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and
all amendments to those reports, if applicable, filed or furnished pursuant to Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended, as soon as reasonably practicable after the material is electronically filed with or
furnished to the Securities and Exchange Commission (&#147;SEC&#148;). The information posted on our web site is not incorporated into this Annual Report on Form 10-K. </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 FACE="Times New Roman" SIZE="2"><B><U>ITEM&nbsp;1A.</U></B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><B>RISK FACTORS </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>The following risk factors and other information
included in this Annual Report on Form 10-K should be carefully considered. The risks and uncertainties described below are not the only ones we face. Additional risks and uncertainties not presently known to us or that we presently deem less
significant may also impair our business operations. If any of the following risks actually occur, our business operating results and financial condition could be materially adversely affected. The order of these risk factors does not reflect their
relative importance or likelihood of occurrence. </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Our business may be adversely affected by the current economic recession.</I> The domestic and
international economies are experiencing a significant recession. This recession has been magnified by the tightening of the credit markets. The domestic and international markets may remain depressed for an undeterminable period of time. Our sales
to contractors are dependent on construction and infrastructure spending and availability of credit to our customers. Changes in construction and governmental spending could have a material adverse effect on the Company&#146;s revenues and profits.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">7 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Our business is affected by the cyclical nature of the markets served by us.</I> The demand for our products and
service is dependent on general economic conditions and more specifically, the commercial construction industry. Adverse economic conditions may cause customers to forego or delay new purchases and rely more on repairing existing equipment thus
negatively impacting our sales and profits. Rising gas and oil prices, increasing steel prices, and shortage of qualified workers can have adverse effects on us. Market conditions could limit our ability to raise selling prices to offset increases
in inventory costs. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Our business is affected by the level of government funding for highway construction</I>. In 2005, the Federal Government passed
the SAFETEA-LU bill. This bill appropriated a multi-year guaranteed funding for federal highway, transit and safety programs and expires on September&nbsp;30, 2009, which may adversely affect our business and results of operations. Many of our
customers depend on funding by Federal and state agencies. Future legislation may increase or decrease government spending, which if decreased, could have a negative affect on our financial condition or results of operations. SAFETEA-LU and other
legislation may be revised in future congressional sessions, Federal funding of infrastructure may be decreased in the future, especially since the United States is currently experiencing an economic recession. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><I>If we fail to comply with requirements relating to internal control over financial reporting under Section&nbsp;404 of the Sarbanes-Oxley Act, our business could
be harmed and our stock price could decline. </I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Rules adopted by the Securities and Exchange Commission pursuant to Section&nbsp;404 of the
Sarbanes-Oxley Act of 2002 require us to assess our internal control over financial reporting annually. The rules governing the standards that must be met for management to assess our internal control over financial reporting are complex. They
require significant documentation, testing, and possible remediation of any significant deficiencies in and/or material weaknesses of our internal controls in order to meet the detailed standards under these rules. We have evaluated our internal
controls over financial reporting as effective as of September&nbsp;30, 2008. See Item&nbsp;9A &#150; Controls and Procedures &#150; Management&#146;s Report on Internal Control Over Financial Reporting. Although we have evaluated our internal
controls as effective as of September&nbsp;30, 2008, in future fiscal years, we may encounter unanticipated delays or problems in assessing our internal controls as effective or in completing our assessments by the required dates. In addition, we
cannot assure you that our independent registered public accountants will attest our internal controls as effective in future fiscal years. If we cannot assess our internal controls as effective, investor confidence and share value may be negatively
impacted. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><I>We may be required to reduce our profit margins on contracts on which we use the percentage-of-completion accounting method.
</I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We record sales and profits on many of our contracts using the percentage-of-completion method of accounting. As a result, revisions made to our
estimates of sales and profits are recorded in the period in which the conditions that require such revisions become known and can be estimated. Although we believe that our profit margins are fairly stated and that adequate provisions for losses
for our fixed-price contracts are recorded in our financial statements, as required under U.S.&nbsp;generally accepted accounting principles (GAAP), we cannot assure you that our contract profit margins will not decrease or our loss provisions will
not increase materially in the future. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><I>Terrorist acts upon the United States and acts of war (actual or threatened) could result in a significant
impact on our business. </I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The terrorist acts carried out against the United States on September&nbsp;11, 2001 and the war with Iraq and its
aftermath adversely impacted the United States economy. Additional terrorist acts against the United States and the threat of or actual war by or upon the United States could reduce the allocation of available funds to construction and
infrastructure spending, which would result in a significant reduction of our business and may negatively impact the market price of our common stock. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">8 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><I>We are subject to physical and financial risks associated with climate change. </I></B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">There is a growing consensus that emissions of greenhouse gasses (GHGs) are linked to global climate change. Climate change creates physical and financial risk. Physical
risks from climate change include an increase in sea level and changes in weather conditions, such as an increase in changes in precipitation and extreme weather events. These changes, if they were to occur, could impact our customers&#146; ability
to initiate and complete construction and infrastructure projects, which could reduce demand for our products and services and negatively impact: (a)&nbsp;our financial condition and results of operations and (b)&nbsp;the market price of our common
stock. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">To the extent climate change impacts a region&#146;s economic health, it may also impact our revenues. Our financial performance is tied to the
health of the regional economies we serve. The price of energy, as a factor in a region&#146;s cost of living as well as an important input into the cost of goods, has an impact on the economic health of our communities. The cost of additional
regulatory requirements, such as a tax on GHGs or additional environmental regulation, would normally be borne by consumers through higher prices for energy and purchased goods. To the extent financial markets view climate change and emissions of
GHGs as a financial risk, this could negatively affect our ability to access capital markets or cause us to receive less than ideal terms and conditions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><I>Income from our investment in synthetic fuel partnerships is affected by the level of oil prices and the tax code</I>. The tax credits provided for the synthetic fuel industry under Section&nbsp;29 of the Internal Revenue Code expired at
the end of calendar year 2007. As a result, we do not believe that we will receive any significant future distributions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We face risks associated with
our international business</I><B><I>. </I></B>We operate manufacturing and sales offices principally located in the United States and the United Kingdom. As a result, we are subject to business risks inherent in non-U.S. activities, including
difficulty in staffing and managing foreign subsidiary operations, difficulty in managing distributors and dealers, adverse tax consequences, political and economic uncertainty and difficulty in accounts receivable collection. We are subject to the
risks associated with the imposition of protective legislation and regulations, including those relating to import or export or otherwise resulting from trade or foreign policy. We cannot predict whether quotas, duties, taxes or other charges or
restrictions will be implemented by the U.S. or any other country upon the import or export of our products. There can be no assurance that any of these factors, or the adoption of restrictive policies, will not have a material adverse effect on our
business, financial condition and results of operations. In addition, we face market risk related to changes in interest rates and foreign currency exchange rates. Our principal currency exposure against the U.S. dollar is the British pound. Our
foreign currency exposures generally are not hedged and there can be no assurance that our future results of operations and investments will not be adversely affected by currency fluctuations. Periodically, we use derivative financial instruments
consisting primarily of interest rate hedge agreements to manage exposures to interest rate changes. If we have not adequately managed our exposure to fluctuating interest rates, our earnings and cash flow could be adversely affected. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We may encounter difficulties with future acquisitions</I><B>.</B> As part of our growth strategy, we intend to evaluate the acquisitions of other companies, assets
or product lines that would complement or expand our existing businesses or broaden our customer relationships. Although we conduct due diligence reviews of potential acquisition candidates, we may not be able to identify all material liabilities or
risks related to potential acquisition candidates. There can be no assurance that we will be able to locate and acquire any business, retain key personnel and customers of an acquired business or integrate any acquired business successfully.
Additionally, there can be no assurance that financing for any acquisition, if necessary, will be available on acceptable terms, if at all, or that we will be able to accomplish our strategic objectives in connection with any acquisition. Although
we periodically consider possible acquisitions, no specific acquisitions are probable as of the date of this Report on Form 10-K. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We could be harmed if
we violate financial covenants contained in our credit facility</I><B>.</B> Our Revolving Credit and Security Agreement with PNC Bank, N.A., dated August&nbsp;1, 2003, and amended July&nbsp;31, 2006, imposes certain financial and operating covenants
upon us, including, among others, restrictions on our ability to incur debt, or take certain other corporate actions. In addition, the credit facility requires that we maintain certain financial </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">9 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">ratios and provides for limitations on capital expenditures. The foregoing covenants may restrict our ability to obtain additional funds, dispose of assets,
or otherwise pursue our business strategies, and may impair our ability to obtain additional financing to fund future working capital requirements, capital expenditures, acquisitions and other general corporate purposes. Changes in economic or
business conditions, results of operations or other factors could in the future cause a violation of one or more covenants in the credit facility, which could result in requiring us to immediately repay in full all amounts outstanding which could
have a negative impact on our financial condition or results of operations. Furthermore, because substantially all of our assets are pledged as collateral under this credit facility, a default could have a negative adverse impact on our financial
conditions and results of operations. At the time of this report, there are no borrowings under our present facility and $.8 million of letters of credit outstanding. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><I>Demand for our products is cyclical in nature</I><B>.</B> Orders for our products slow down during the summer and fall months since our customers generally do not purchase new equipment for shipment in their peak
season for highway construction and repair work. In addition, demand for our products depends in part upon the level of capital and maintenance expenditures by the highway construction industry. The highway construction industry historically has
been cyclical in nature and vulnerable to general downturns in the economy. Decreases in industry spending could have a material adverse effect upon demand for our products and negatively impact our business, financial condition,, results of
operations and the market price of our common stock. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Our Marketable Securities are comprised of stocks and bonds invested through a professional
investment advisor and are subject to various risks such as interest rates, markets, and credit</I>. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of securities,
changes in these risk factors could have a material adverse impact on our results of operations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>There are and will continue to be quarterly
fluctuations of our operating results</I><B>.</B> Our operating results historically have fluctuated from quarter to quarter as a result of a number of factors, including the value, timing and shipment of individual orders and the mix of products
sold. Revenues from certain large contracts are recognized using the percentage of completion method of accounting. We recognize product revenues upon shipment for the rest of our products. Our asphalt production equipment operations are subject to
seasonal fluctuation, which may lower sales and result in possible losses in the first and fourth fiscal quarters of each year. Traditionally, asphalt producers do not purchase new equipment for shipment during the summer and fall months to avoid
disruption of their activities during peak periods of highway construction. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>If we are unable to attract and retain key personnel, our business could be
adversely affected</I><B>.</B> The success of our business will continue to depend substantially upon the efforts, abilities and services of our management team and certain other key employees. The loss of one or more key employees could adversely
affect our operations. Our ability to attract and retain qualified personnel, either through direct hiring, or acquisition of other businesses employing such persons, will also be an important factor in determining our future success. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We may be required to defend our intellectual property against infringement or against infringement claims of others</I><B>.</B> We hold numerous patents covering
technology and applications related to various products, equipment and systems, and numerous trademarks and trade names registered with the U.S. Patent and Trademark Office and in various foreign countries. There can be no assurance as to the
breadth or degree of protection that existing or future patents or trademarks may afford us, or that any pending patent or trademark applications will result in issued patents or trademarks, or that our patents, registered trademarks or patent
applications, if any, will be upheld if challenged, or that competitors will not develop similar or superior methods or products outside the protection of any patents issued, licensed or sublicensed to us. Although we believe that none of our
patents, technologies, products or trademarks infringe upon the patents, technologies, products or trademarks of others, it is possible that our existing patent, trademark or other rights may not be valid or that infringement of existing or future
patents, trademarks or proprietary rights may occur. In the event that our products are deemed to infringe upon the patent or proprietary rights of others, we could be required to modify the design of our products, change the name of our products or
obtain a license for the use of certain technologies incorporated into our products. There can be no assurance that we would be able to do any of the foregoing in a timely manner, upon acceptable </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">10 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">terms and conditions, or at all, and the failure to do so could have a material adverse effect on us. In addition, there can be no assurance that we will
have the financial or other resources necessary to enforce or defend a patent, registered trademark or other proprietary right, and, if our products are deemed to infringe upon the patents, trademarks or other proprietary rights of others, we could
become liable for damages, which could also have a material adverse effect on us. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We may be subject to substantial liability for the products we
produce</I><B>.</B> We are engaged in a business that could expose us to possible liability claims for personal injury or property damage due to alleged design or manufacturing defects in our products. We believe that we meet existing professional
specification standards recognized or required in the industries in which we operate, and there are no material product liability claims pending against us as of the date hereof. Although we currently maintain product liability coverage which we
believe is adequate for the continued operation of our business, such insurance may prove inadequate or become difficult to obtain or unobtainable in the future on terms acceptable to us. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We are subject to extensive environmental laws and regulations, and our costs related to compliance with, or our failure to comply with, existing or future laws and
regulations, could adversely affect our business and results of operations</I><B>.</B> Our operations are subject to federal, state, local and foreign laws and regulations relating to the protection of the environment. Sanctions for noncompliance
may include revocation of permits, corrective action orders, significant administrative or civil penalties and criminal prosecution. Our business involves environmental management and issues typically associated with historical manufacturing
operations. To date, our cost of complying with environmental laws and regulations has not been material, but the fact that such laws or regulations are changed frequently makes predicting the cost or impact of such laws and regulations on our
future operations uncertain. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>The loss of one or more of our raw materials supplies could cause production delays, a reduction of revenues or an
increase in costs.</I> The principal raw materials we use are steel and related products. We have no long-term supply agreements with any of our major suppliers. However, we have generally been able to obtain sufficient supplies of raw materials for
our operations, and changes in prices of such materials historically have not had a significant affect on our operations. Although we believe that such raw materials are readily available from alternate sources, an interruption in our supply of
steel and related products or a substantial increase in the price of any of these raw materials could have a material adverse effect on our business, financial condition and results of operations. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We are subject to significant government regulations</I><B>.</B> We are subject to a variety of governmental regulations relating to the manufacturing of our
products. Any failure by us to comply with present or future regulations could subject us to future liabilities, or the suspension of production that could have a material adverse effect on our results of operations. Such regulations could also
restrict our ability to expand our facilities, or could require us to acquire costly equipment or to incur other expenses to comply with such regulations. Although we believe we have the design and manufacturing capability to meet all industry or
governmental agency standards that may apply to our product lines, including all domestic and foreign environmental, structural, electrical and safety codes, there can be no assurance that governmental laws and regulations will not become more
stringent over time, imposing greater compliance costs and increasing risks and penalties associated with a violation. The cost to us of such compliance to date has not materially affected our business, financial condition or results of operations.
There can be no assurance, however, that violations will not occur in the future as a result of human error, equipment failure or other causes. Our customers are also subject to extensive regulations, including those related to the workplace. We
cannot predict the nature, scope or effect of governmental legislation, or regulatory requirements that could be imposed or how existing or future laws or regulations will be administered, or interpreted. Compliance with more stringent laws or
regulations, as well as more vigorous enforcement policies of regulatory agencies, could require substantial expenditures by us and could adversely affect our business, financial condition and results of operations. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Our management has effective voting control</I><B>.</B> Our officers and directors beneficially own an aggregate of approximately 94.6% of the outstanding shares of
our $.10 par value Class B stock. The Class B stock is entitled to elect 75% (calculated to the nearest whole number, rounding five-tenths to next highest whole number) of the </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">11 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">members of our board of directors. Further, approval of a majority of the Class B stock is generally required to effect a sale of us and certain other
corporate transactions. As a result, these stockholders can elect more than a majority of the board of directors and exercise significant influence over most matters requiring approval by our stockholders. This concentration of control may also have
the effect of delaying or preventing a change in control. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>The issuance of preferred stock may impede a change of control or may be dilutive to existing
stockholders</I><B>.</B> Our Certificate of Incorporation, as amended, authorizes our Board of Directors, without stockholder vote, to issue up to 300,000 shares of preferred stock in one or more series and to determine for any series the dividend,
liquidation, conversion, voting or other preferences, rights and terms that are senior, and not available, to the holders of our common stock. Thus, issuances of series of preferred stock could adversely affect the relative voting power,
distributions and other rights of the common stock. The issuance of preferred stock could deter or impede a merger, tender offer or other transaction that some, or a majority, of our common stockholders might believe to be in their best interest or
in which our common stockholders might receive a premium for their shares over the then current market price of such shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We may be required to
indemnify our directors and executive officers</I><B>.</B> We have authority under Section&nbsp;145 of the Delaware General Corporation Law to indemnify our directors and officers to the extent provided in that statute. Our Certificate of
Incorporation, as amended, provides that a director shall not be personally liable to us for breach of fiduciary duty as a director, except to the extent such exemption from liability or limitation thereof is not permitted under the Delaware General
Corporation Law. Our Bylaws provide in part that we indemnify each of our directors and officers against liabilities imposed upon them (including reasonable amounts paid in settlement) and expenses incurred by them in connection with any claim made
against them or any action, suit or proceeding to which they may be a party by reason of their being or having been a director or officer. We maintain officer&#146;s and director&#146;s liability insurance coverage. There can be no assurance that
such insurance will be available in the future, or that if available, it will be available on terms that are acceptable to us. Furthermore, there can be no assurance that the insurance coverage provided will be sufficient to cover the amount of any
judgment awarded against an officer or director (either individually or in the aggregate). Consequently, if such judgment exceeds the coverage under the policy, we may be forced to pay such difference. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We enter into indemnification agreements with each of our executive officers and directors containing provisions that may require us, among other things, to indemnify
them against certain liabilities that may arise by reason of their status or service as officers or directors (other than liabilities arising from willful misconduct of a culpable nature) and to advance their expenses incurred as a result of any
proceeding against them as to which they could be indemnified. Management believes that such indemnification provisions and agreements are necessary to attract and retain qualified persons as directors and executive officers. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>We do not expect to pay dividends for the foreseeable future</I><B>. </B>For the foreseeable future, we intend to retain any earnings to finance our business
requirements, and we do not anticipate paying any cash dividends on our common stock or Class B stock. Any future determination to pay dividends will be at the discretion of our Board of Directors and will be dependent upon then existing conditions,
including our financial condition and results of operations, capital requirements, contractual restrictions, business prospects, and other factors that the Board of Directors considers relevant. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Competition could reduce revenue from our products and services and cause us to lose market share. </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">We currently face strong competition in product performance, price and service.&nbsp;Some of our national competitors have greater financial, product development and marketing resources than we have.&nbsp;If
competition in our industry intensifies or if our current competitors enhance their products or lower their prices for competing products, we may lose sales or be required to lower the prices we charge for our products.&nbsp;This may reduce revenue
from our products and services lower our gross margins or cause us to lose market share. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">12 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><I>Our quarterly operating results are likely to fluctuate, which may decrease our stock price. </I></B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Our quarterly revenues, expenses and operating results have varied significantly in the past and are likely to vary significantly from quarter to quarter in the
future.&nbsp;As a result, our operating results may fall below the expectations of securities analysts and investors in some quarters, which could result in a decrease in the market price of our common stock.&nbsp;The reasons our quarterly results
may fluctuate include: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">general competitive and economic conditions; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">delays in, or uneven timing in, the delivery of customer orders; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">the seasonal nature of our industry; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">the introduction of new products by us or our competitors; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">product supply shortages; and </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">reduced demand due to adverse weather conditions. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Period-to-period comparisons of such items should not be relied on as indications of future performance. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><I>Our stock has been, and likely
will continue to be, subject to substantial price and volume fluctuations due to a number of factors, many of which will be beyond our control. </I></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In
recent years, the stock market in general and the market for our common stock have experienced extreme price fluctuations. The market price of our common stock may be significantly affected by various factors such as: </FONT></P> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">quarterly variations in our operating results; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">changes in our revenue growth rates as a whole or for specific geographic areas or products; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">changes in earning estimates by market analysts; </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">the announcements of new products or product enhancements by us or our competitors; </FONT></P></TD></TR></TABLE> <P
STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">speculation in the press or analyst community;&nbsp;and </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">general market conditions or market conditions specific to particular industries. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The market price of our common stock may experience significant fluctuations in the future. </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="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;1B.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>UNRESOLVED STAFF COMMENTS </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">None. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">13 </FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;2.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>PROPERTIES </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The following table lists the properties owned or
leased by the Company as of September&nbsp;30, 2008: </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="44%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="41%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:30pt"><FONT FACE="Times New Roman" SIZE="1"><B>Location</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Owned<BR>Acreage</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Building<BR>Square<BR>Footage</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Principal Function</B></FONT></P></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Billingshurst, West Sussex England</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Offices</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Marquette, Iowa (1 )</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">72.0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">137,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Offices and manufacturing</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Orlando, Florida (1)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">27.0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">171,000</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Corporate offices and manufacturing</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="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">These properties are owned and pledged as security under the Company&#146;s credit agreement with PNC Bank. </FONT></TD></TR></TABLE> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">See Note 3 to our consolidated financial statements in Item&nbsp;8 below for more information about our properties. </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="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;3.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>LEGAL PROCEEDINGS </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company has various litigation and claims
pending as of the date of this Form 10-K which have occurred in the ordinary course of business, and which may be covered in whole or in part by insurance. Management has reviewed all litigation matters arising in the ordinary course of business
and, upon advice of counsel, has made provisions, not deemed material, for any estimable losses and expenses of litigation. </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="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;4.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">There were no
matters submitted during the fourth quarter of this fiscal year to a vote of security holders. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">14 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>PART II </B></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="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;5.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>MARKET FOR THE REGISTRANT&#146;S COMMON EQUITY AND RELATED SHAREHOLDER MATTERS </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The Company&#146;s stock has been traded on the NASDAQ Global Market under the symbol &#147;GENC&#148; since December&nbsp;20, 2007. Previously the stock was traded over the counter on the Pink Sheets and the OTC
Electronic Bulletin Board under the symbol &#147;GNCI.OB&#148;. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Following are the high and low closing prices for our common stock for the periods
indicated: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="86%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:16pt"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>HIGH</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>LOW</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">First Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10.50</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8.50</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Second Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20.97</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.46</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Third Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">32.88</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10.38</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Fourth Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15.80</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7.83</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:16pt"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>HIGH</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>LOW</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">First Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12.85</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.20</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Second Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12.25</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.00</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Third Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.00</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Fourth Quarter</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10.25</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.00</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As of October&nbsp;14, 2008, there were 309 holders of Common Stock of record and six holders of Class B Stock of
record. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Dividend Policy </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company has not paid any
dividends during the last two fiscal years and there is no intention to pay cash dividends in the foreseeable future. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">15 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>EQUITY COMPENSATION PLAN </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">In the following table is information about our common stock that may be issued upon exercise of options, warrants and rights under all of our existing equity compensation plans and arrangements as of September&nbsp;30, 2008, including the
1997 Stock Option Plan. </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="56%"></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="12%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:49pt"><FONT FACE="Times New Roman" SIZE="1"><B>Plan Category</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Number of<BR>Securities to be<BR>issued upon</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>exercise
of<BR>outstanding&nbsp;options,<BR>warrants and rights</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Weighted-average<BR>exercise price of<BR>outstanding<BR>options, warrants<BR>and rights</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Number of Securities<BR>remaining&nbsp;available&nbsp;for&nbsp;future<BR>issuance under equity<BR>compensation plans<BR>(excluding
securities</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>reflected in second column)</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Equity compensation plans approved by security holders</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">27,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.32</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Equity compensation plans not approved by security holders</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">27,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.32</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0</FONT></TD></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">&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>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT FACE="Times New Roman" SIZE="2">The following graph sets forth the cumulative total stockholder return (assuming reinvestment of
dividends) to the Company&#146;s stockholders during the five-year period ended September&nbsp;30, 2008, as well as the Wilshire Small Capitalization Index and the Dow Jones Heavy Construction Index. The stock performance assumes $100 was invested
on October&nbsp;1, 2003. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center">

<IMG SRC="g14486tx_pg016.jpg" ALT="LOGO"> </P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">16 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Comparison of Cumulative Total Return Among Gencor Industries, Inc., the </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Wilshire Small Capitalization Index and the Dow Jones Heavy Construction 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 WIDTH="58%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:83pt"><FONT FACE="Times New Roman" SIZE="1"><B>With Base Year of 2003:</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>9/30/2003</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>9/30/2004</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>9/30/2005</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>9/30/2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>9/30/2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>9/30/2008</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gencor Industries, Inc.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">530.30</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">493.94</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">560.61</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">600.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">489.70</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">DJ Heavy Construction Index</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">153.16</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">243.91</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">289.83</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">584.36</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">373.36</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Wilshire Small Cap Index</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">100.00</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">160.48</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">192.20</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">196.94</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">208.66</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">165.61</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">On December&nbsp;20, 2007, the Company&#146;s stock was available for trading on the NASDAQ Global Market under
the symbol &#147;GENC&#148;. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Subsequent to June&nbsp;1, 2000, the Company&#146;s stock has traded on the &#147;pink sheets&#148; under the stock symbol
&#147;GRCX&#148; until 2003 when the stock symbol was changed to &#147;GNCI&#148;. In January 2005, the Company&#146;s stock commenced reporting on the OTC Electronic Bulletin Board under the symbol &#147;GNCI.OB&#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 FACE="Times New Roman" SIZE="2">17 </FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;6.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>SELECTED FINANCIAL DATA </FONT></TD></TR></TABLE> <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="63%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="15" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Years Ended September&nbsp;30</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="15" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B></B><B><I>(in thousands, except per share data)</I></B><B></B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">88,343</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">75,286</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">67,107</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">48,140</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">54,070</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating income (loss)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,848</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,333</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,359</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,258</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,171</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">31,307</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,604</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Per share data:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Basic:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.91</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.17</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3.50</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.30</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.91</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.17</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3.29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.27</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash dividends declared per common share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Selected balance sheet data:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="16"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="15" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>September 30,</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2005</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2004</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Current assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">101,622</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">96,392</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">67,634</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">63,745</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22,195</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Current liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,333</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,048</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,888</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,361</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,437</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">110,623</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">104,227</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">80,974</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">78,010</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">42,812</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Long-term debt, less current maturities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,701</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Shareholders&#146; equity</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">99,015</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">83,781</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">63,043</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51,435</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,294</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">18 </FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;7.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>MANAGEMENT&#146;S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><I>&#147;</I><B><I>Forward-Looking&#148; Information</I></B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">This Form 10-K contains certain &#147;forward-looking
statements&#148; within the meaning of Section&nbsp;21E of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), which represent our expectations and beliefs, including, but not limited to, statements concerning gross
margins, sales of our products and future financing plans, income from investees and litigation. These statements by their nature involve substantial risks and uncertainties, certain of which are beyond our control. Actual results may differ
materially depending on a variety of important factors, including the financial condition of our customers, changes in the economic and competitive environments, whether or not we receive income from our investees, the performance of our investment
portfolio and the demand for our products. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">For information concerning these factors and related matters, see &#147;Risk Factors&#148; in Part I,
Item&nbsp;1A in this Report. However, other factors besides those referenced could adversely affect our results, and you should not consider any such list of factors to be a complete set of all potential risks or uncertainties. Any forward-looking
statements made by us herein speak as of the date of this Report. We do not undertake to update any forward-looking statement, except as required by law. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><U>Results of Operations </U></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><U>Year ended September&nbsp;30, 2008 compared with the year ended September&nbsp;30, 2007 </U></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Net sales for the years ended September&nbsp;30, 2008 and 2007 were $88.3 million and $75.3 million, respectively, this represents a $13 million increase (17%)&nbsp;over
the previous year. Domestic sales during this period for 2008 and 2007 were $85.6 million and $72.4 million, respectively. Domestic sales were higher than the prior year due to the general improvement in the road-building industry. Infrastructure
spending remained strong through fiscal 2008. We cannot predict what impact the recession and credit tightening in the last half of calendar 2008 will have on future revenues. Foreign sales decreased by $.1 million. Backlog was $16 million at
September&nbsp;30, 2008, compared to a backlog of $24.5 million at September&nbsp;30, 2007. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Gross margin for fiscal 2008 was $1.3 million higher than
fiscal 2007 and as a percent of net sales was 23.9% in 2008 and 26.4% of sales for 2007. The margin for the year was adversely impacted by higher raw material costs, primarily significant increase in steel prices, and high energy costs. Domestic
margins were negatively affected by $.6 million and $.7 million, respectively for 2008 and 2007 due to an increase in the LIFO reserve. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Product
engineering and development costs increased $.2 million due to hiring of additional engineers. Selling and administrative expenses increased $.5 million during 2008 due to higher commissions and payroll costs resulting from the higher sales volume,
partially offset by lower legal costs. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Operating income was $6.8 million in 2008 compared to $6.3 million in 2007. Operating income increased as a result
of increased domestic business and reduced administrative expenses. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Miscellaneous Income in 2008 includes $3.4 million from a favorable legal settlement
from a former service provider. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The decrease in value of marketable securities was a loss of $1.8 million compared to a gain of $5.8 million last year.
Total cash and investment balance at September&nbsp;30, 2008 is $58 million compared to September&nbsp;30, 2007 cash and investment balance of $55 million. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">We recognized income from investees of $15.6 million in 2008 and $19.9 million of income from investees in 2007. The operations of Carbontronics LLC consist of the receipt of contingent payments from the sales from the plants and the
distribution thereof to its members. Carbontronics LLC has no other significant operations or assets. The operations of Carbontronics II, LLC consist of the receipt of royalty payments from the plants and the distribution thereof to its members.
Carbontronics II, LLC has no other significant operations or assets. Any </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">19 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">income arising from these investments is dependent upon tax credits (adjusted for operating losses at the fuel plants) being generated as a result of
synthetic fuel production, which are recorded as received. These distributions are subject to state and Federal income taxes. Distributions from these entities depend upon the production of these operations qualifying for tax credits under
Section&nbsp;29 of the Internal Revenue Code and the ability to economically produce and market synthetic fuel produced by the plants. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The existing tax
credit legislation expired at the end of calendar year 2007. Consequently, the four synthetic fuel plants were decommissioned. The plants were sold or transferred to site owners in exchange for a release of all contracted liabilities related to the
removal of plants from the sites. The administrative partner has informed us that there will be no operations in calendar 2008 and almost all of the partnership affairs will be finalized in 2008. It is not possible to predict the amount, if any, of
final distributions from the partnerships upon the final disposition and winding-up of operations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Income taxes were 37% of pre-tax income for 2008 and
39.5% for 2007. The effective tax rate is higher than the Federal rate of 35% due to state income taxes and losses for foreign operations for which no tax benefit has been recognized. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><U>Year ended September&nbsp;30, 2007 compared with the year ended September&nbsp;30, 2006 </U></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Net sales for the years
ended September&nbsp;30, 2007 and 2006 were $75.3 million and $67.1 million, respectively. Domestic sales during this period for 2007 and 2006 were $72.4 million and $63.1 million, respectively. Domestic sales were higher than the prior year due to
the general improvement in the road-building industry, partially due to the passage of the Federal highway bill in the summer of 2005. Foreign sales decreased by $1.1 million due to one large order in 2006. Backlog was $24.5 million at
September&nbsp;30, 2007, compared to a backlog of only $5 million at September&nbsp;30, 2006. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Gross margin for fiscal 2007 was $3.1 million higher than
fiscal 2006 and as a percent of net sales was 26.4% in 2007 and 25.0% of sales for 2006. The increased volume in our manufacturing plants improved overhead absorption and improved margins. Domestic margins were negatively affected by $.7 million in
2007 and 2006 due to an increase in the LIFO reserve. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Product engineering and development costs increased $.5 million due to hiring of additional
engineers. Selling and administrative expenses decreased $2.4 million during 2007 due to lower legal costs offset by $.7 million due to higher commissions and payroll costs resulting from the higher sales volume. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Operating income was $6.3 million in 2007 compared to $1.4 million in 2006. Operating income increased as a result of increased domestic business, higher gross margins
in 2007, and reduced selling and administrative expenses. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">During fiscal 2007, we sold land and buildings for $5.4 million resulting in a loss of $1.6
million after an adjustment of $1.9 million for the cumulative translation adjustment related to the assets sold. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The increase in value of marketable
securities is a result of additional net cash invested in marketable securities ($10 million) and the increase in the market value ($5.8 million) of the securities held in the portfolio. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">We recognized income from investees of $19.9 million in 2007 and $14.5 million of income from investees in 2006. The operations of Carbontronics LLC consist of the receipt of contingent payments from the sales of the
plants and the distribution thereof to its members. Carbontronics LLC has no other significant operations or assets. The operations of Carbontronics II, LLC consist of the receipt of royalty payments from the plants and the distribution thereof to
its members. Carbontronics II, LLC has no other significant operations or assets. Any income arising from these investments is dependent upon tax credits (adjusted for operating losses at the fuel plants) being generated as a result of synthetic
fuel production, which will be recorded as received. These distributions are subject to state and Federal income taxes. Future distributions from these entities depend upon the production of these operations continuing to qualify for tax credits
under Section&nbsp;29 of the Internal Revenue Code and the ability to economically produce and market synthetic fuel produced by the plants. One of the contingencies related to future benefits from these entities is based on the average price of
crude oil. Per a provision of Section&nbsp;29, if the average price of crude oil reaches a certain level, the tax credits terminate. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">20 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The existing tax credit legislation is expiring at the end of calendar year 2007. Consequently, the four synthetic fuel
plants are being decommissioned. The plants are in process of being sold or transferred to site owners in exchange for a release of all contracted liabilities related to the removal of plants from the sites. The administrative partner has informed
the Company that there will be no operations in calendar 2008 and almost all of the partnership affairs will be finalized in early 2008. It is not possible to predict the amount, if any, of final distributions from the partnerships upon the final
disposition and winding-up of operations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Income taxes were 39.5% of pre-tax income for 2007 and 37% for 2006. The effective tax rate is higher than the
Federal rate of 35% due to state income taxes and losses for foreign operations for which no tax benefit has been recognized. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Liquidity and Capital
Resources </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We generate our capital resources primarily through operations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">We entered into a Revolving Credit and Security Agreement with PNC Bank, N.A. The Agreement established a three year revolving $20 million credit facility and was renewed through July&nbsp;31, 2009. The facility
provides for advances based on accounts receivable, inventory and real estate. The facility includes a $2 million limit on letters of credit. At September&nbsp;30, 2008, we had $.8 million of letters of credit outstanding. The interest rate at
September&nbsp;30, 2008, is at LIBOR plus 2.00% and subject to change based upon the Fixed Charge Coverage Ratio. We are required to maintain a Fixed Charge Coverage Ratio of 1.1:1. There are no required repayments as long as there are no defaults
and there is adequate eligible collateral. Substantially all of our assets are pledged as security under the Agreement. We had no long term debt outstanding at September&nbsp;30, 2008 or 2007. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As of September&nbsp;30, 2008, we had $4 million in cash and cash equivalents, and $54 million in marketable securities. The marketable securities are invested in stocks
and bonds through a professional investment advisor. The securities may be liquidated at any time into cash and cash equivalents. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Inventories have
remained at $35 million at September&nbsp;30, 2008, and September&nbsp;30, 2007, as we have built inventory to meet the demands for plant deliveries in December 2008 and early calendar 2009. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Critical Accounting Policies, Estimates and Assumptions </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We believe
the following discussion addresses our most critical accounting policies, which are those that are most important to the portrayal of our financial condition and results of operations and require management&#146;s most difficult, subjective, or
complex judgments, often as a result of the need to make estimates about the effect of matters that are inherently uncertain. Accounting policies, in addition to the critical accounting policies referenced below, are presented in Note 1 to our
consolidated financial statements, &#147;Accounting Policies.&#148; </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Estimates and Assumptions </I></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In preparing the consolidated financial statements, we use certain estimates and assumptions that may affect reported amounts and disclosures. Estimates and assumptions
are used, among other places, when accounting for certain revenue (e.g. contract accounting), expense, and asset and liability valuations. We believe that the estimates and assumptions made in preparing the consolidated financial statements are
reasonable, but are inherently uncertain and unpredictable. Assumptions may be incomplete or inaccurate and unanticipated events may occur. We are subject to risks and uncertainties that may cause actual results to differ from estimated results.
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">21 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Revenues </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Revenues
from contracts for the design and manufacture of certain custom equipment are recognized under the percentage-of-completion method. Revenues from all other sales are recorded as the products are shipped or service is performed. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The percentage-of-completion method of accounting for long term contracts recognizes revenue in proportion to actual labor costs incurred as compared with total
estimated labor costs expected to be incurred during the entire contract. All selling, general and administrative expenses are charged to operations as incurred. Provision is made for any anticipated contract losses in the period that the loss
becomes evident. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Investment in Unconsolidated Investees </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">As of September&nbsp;30, 2008, 2007, and 2006, we own a 45% interest in Carbontronics LLC and a 25% interest in Carbontronics Fuels LLC and Carbontronics II LLC. These interests were obtained as part of contracts to build four synthetic
fuel production plants during 1998. We have no basis in these equity investments or requirement to provide future funding. Any income arising from these investments is dependent upon tax credits (adjusted for operating losses at the fuel plants)
being generated as a result of synthetic fuel production, which will be recorded as received. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The existing tax credit legislation expired at the end of
calendar year 2007. Consequently, the four synthetic fuel plants were decommissioned. They were sold or transferred to site owners in exchange for a release of all contracted liabilities related to the removal of plants from the sites. The
administrative partner has informed the Company that there will be no operations in calendar 2008 and almost all of the partnership affairs will be finalized in 2008. It is not possible to predict the amount, if any, of final distributions from the
partnerships upon the final disposition and winding-up of operations. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Inflation </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The overall effects of inflation on our business during the periods discussed have not been significant. We monitor the prices we charge for our products and services on an ongoing basis and believe that we will be
able to adjust those prices to take into account future changes in the rate of inflation. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Contractual Obligations </I></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The following table summarizes our outstanding borrowings and long-term contractual obligations at September&nbsp;30, 2008: </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="60%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Total</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Less&nbsp;than<BR>1 Year</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>1-3&nbsp;Years</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>3 - 5<BR>Years</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>More&nbsp;than<BR>5 Years</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" NOWRAP> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Long-term debt</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating leases</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">322</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">111</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">203</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></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>
<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>
<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>
<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>
<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 BGCOLOR="#cceeff">
<TD VALIGN="top" NOWRAP> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">322</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">111</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">203</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></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>
<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>
<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>
<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>
<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="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The long-term debt facility matures in 2009. We also have $.8 million of letters of credit outstanding. The
letters of credit are for one year and have been renewed annually. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><I>Off-Balance Sheet Arrangements </I></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">None </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">22 </FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;7A.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The
Company operates manufacturing facilities and sales offices principally located in the United States and the United Kingdom. The Company is subject to business risks inherent in non-U.S. activities, including political and economic uncertainty,
import and export limitations, and market risk related to changes in interest rates and foreign currency exchange rates. The Company&#146;s principal currency exposure against the U.S. dollar is the British pound. Periodically, the Company will use
derivative financial instruments consisting primarily of interest rate hedge agreements to manage exposures to interest rate changes. The Company&#146;s objective in managing its exposure to changes in interest rates on its variable rate debt is to
limit their impact on earnings and cash flow and reduce its overall borrowing costs. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">At September&nbsp;30, 2008 and 2007 the Company had no debt
outstanding. Under the Revolving Credit and Security Agreement, substantially all of the Company&#146;s borrowings will bear interest at variable rates based upon the prime rate or LIBOR. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company&#146;s marketable securities are invested in stocks and municipal bonds through a professional investment advisor. Investment securities are exposed to
various risks such as interest rate, market and credit. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of securities, it is possible that changes in these risk
factors could have an adverse material impact on the Company&#146;s results of operations or equity. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company&#146;s sensitivity analysis for interest
rate risk excludes accounts receivable, accounts payable and accrued liabilities because of the short-term maturity of such instruments. The analysis does not consider the effect on other variables such as changes in sales volumes or
management&#146;s actions with respect to levels of capital expenditures, future acquisitions or planned divestures, all of which could be significantly influenced by changes in interest rates. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">23 </FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;8.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA </FONT></TD></TR></TABLE> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U><A NAME="toc">
</A>INDEX TO FINANCIAL STATEMENTS AND FINANCIAL STATEMENT SCHEDULES </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><U>G<SMALL>ENCOR</SMALL> I<SMALL>NDUSTRIES</SMALL>,
I<SMALL>NC</SMALL>.</U> </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="96%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Page</B></FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_1">Management Assessment Report</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">25</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_2">Report of Independent Registered Public Accounting Firm</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_3">Consolidated Balance Sheets as of September&nbsp;30, 2008 and 2007</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">27</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_4">Consolidated Statements of Income for the years ended September 30, 2008, 2007 and 2006</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">28</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_5">Consolidated Statements of Shareholders&#146; Equity for the years ended September&nbsp;30, 2008, 2007 and
2006</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">29</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_6">Consolidated Statements of Cash Flows for the years ended September 30, 2008, 2007 and 2006</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_7">Notes to Consolidated Financial Statements</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">31</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_8">Quarterly Financial Information (Unaudited)</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">41</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Financial Statement Schedule:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><A HREF="#tx14486_9">Schedule II. Valuation and Qualifying Accounts</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">42</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">All other schedules are omitted because they are not applicable or the required information is shown in the
consolidated financial statements or notes thereto. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">24 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_1"></A>GENCOR INDUSTRIES, INC. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>MANAGEMENT ASSESSMENT REPORT </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The management of Gencor Industries, Inc. (the &#147;Company&#148;) is responsible for
establishing and maintaining adequate internal control over financial reporting for the Company. The Company&#146;s internal control system is designed to provide reasonable assurance to the Company&#146;s management and board of directors regarding
the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. There are inherent limitations in the effectiveness of all internal control systems
no matter how well designed. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to the preparation and presentation of financial statements. Furthermore, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become inadequate because of a change in circumstances or conditions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In order
to ensure that the Company&#146;s internal control over financial reporting is effective, management regularly assesses such controls and did so most recently as of September&nbsp;30, 2008. This assessment was based on criteria for effective
internal control over financial reporting described in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this assessment, management believes the Company&#146;s maintained
effective internal control over financial reporting as of September&nbsp;30, 2008. Moore Stephen Lovelace, P. A., the Company&#146;s independent registered public accounting firm, has issued an attestation report on the Company&#146;s internal
control over financial reporting as of September&nbsp;30, 2008. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">25 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><U><A NAME="tx14486_2"></A>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM </U></B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">To the Board of Directors of Gencor Industries, Inc. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We have audited the
accompanying consolidated balance sheets of Gencor Industries, Inc. and subsidiaries as of September&nbsp;30, 2008, and 2007, and the related consolidated statements of income, stockholders&#146; equity and comprehensive income, and cash flows for
each of the years in the three-year period ended September&nbsp;30, 2008. Our audit also included the financial statement schedule listed in the accompanying index. We also have audited Gencor&#146;s internal control over financial reporting as of
September&nbsp;30, 2008, based on criteria established in <I>Internal Control&#151;Integrated Framework</I> issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). Gencor&#146;s management is responsible for these
financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying financial report. Our responsibility is
to express an opinion on these financial statements and an opinion on the company&#146;s internal control over financial reporting based on our audits. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We
conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements
are free of material misstatement and whether effective internal control over financial reporting was maintained in all material respects. Our audits of the financial statements included examining, on a test basis, evidence supporting the amounts
and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. Our audit of internal control over financial reporting
included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk.
Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">A company&#146;s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for
external purposes in accordance with generally accepted accounting principles. A company&#146;s internal control over financial reporting includes those policies and procedures that (1)&nbsp;pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2)&nbsp;provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with
generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3)&nbsp;provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#146;s assets that could have a material effect on the financial statements. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk
that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In
our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Gencor Industries, Inc. as of September&nbsp;30, 2008, and 2007, and the consolidated results of its operations,
changes in shareholders&#146; equity and its cash flows for each of the years in the three-year period ended September&nbsp;30, 2008, in conformity with accounting principles generally accepted in the United States of America. Also, in our opinion,
the financial statement schedule referred to above, when considered in relation to the basic consolidated financial statements taken as a whole, present fairly in all materials respects the information set forth therein. Also in our opinion, Gencor
Industries, Inc. maintained, in all material respects, effective internal control over financial reporting as of September&nbsp;30, 2008, based on criteria established in <I>Internal Control&#151;Integrated Framework</I> issued by the Committee of
Sponsoring Organizations of the Treadway Commission (COSO). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>M<SMALL>OORE</SMALL> S<SMALL>TEPHENS</SMALL> L<SMALL>OVELACE</SMALL>, P.A. </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Certified Public Accountants </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Orlando, Florida </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">December&nbsp;11, 2008 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">26 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_3"></A>Part I. Financial Information </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>GENCOR INDUSTRIES, INC. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Consolidated Balance Sheets </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><I>(In thousands, except per share data) </I></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="80%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>September&nbsp;30<BR>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>September&nbsp;30<BR>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>ASSETS</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Current assets:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash and cash equivalents</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,068</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,707</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Marketable securities at market value (Cost $46,000 at September&nbsp;30, 2008 and $42,000 at September&nbsp;30, 2007)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53,976</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51,780</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Account receivable, less allowance for doubtful accounts of $1,927 ($1,685 at September&nbsp;30, 2007)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,527</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,570</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Inventories, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">35,044</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">34,694</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Prepaid expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,007</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,641</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<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>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total current assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">101,622</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">96,392</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Property and equipment, net</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,817</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,660</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">184</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">175</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">110,623</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">104,227</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>LIABILITIES AND SHAREHOLDERS&#146; EQUITY</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Current Liabilities:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Account payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,442</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,132</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Customer deposits</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,712</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,414</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income and other taxes payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,678</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,164</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accrued expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,501</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,338</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<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>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total current liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,333</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,048</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Long-term debt</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">275</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,398</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<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>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total liabilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,608</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">20,446</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Commitments and contingencies</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Shareholder&#146;s equity:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Preferred stock, par value $.10 share; authorized 300,000 shares; none issued</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Common stock, par value $.10 per share; 15,000,000 shares authorized; 8,079,872 shares and 7,967,372 shares issued at September&nbsp;30, 2008
and 2007, respectively</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">808</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">797</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Class B Stock, par value $.10 per share; 6,000,000 shares authorized; 1,532,998 shares and 1,642,998 shares issued at September&nbsp;30, 2008
and 2007</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">153</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">164</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Unearned compensation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Capital in excess of par value</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,542</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Retained earnings</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">87,383</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">72,136</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accumulated other comprehensive income (loss)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">129</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">299</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<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>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total shareholder&#146;s equity</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">99,015</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">83,781</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Total Liabiliities and Shareholders&#146; Equity</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">110,623</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">104,227</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<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>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">See accompanying notes to consolidated financial statements </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">27 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_4"></A>GENCOR INDUSTRIES, INC. </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Consolidated Statements of Income </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><I>(In thousands, except per share data) </I></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="79%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>For the Years Ended<BR>September&nbsp;30,</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net revenue</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">88,343</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">75,286</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">67,107</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cost and expense:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Production costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">67,187</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">55,436</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">50,348</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Product engineering and development</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,794</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,567</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,075</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Selling, general and administrative</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,514</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,950</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,325</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">81,495</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">68,953</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">65,748</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Operating income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,848</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,333</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,359</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other income (expense):</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Interest income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">154</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">159</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">160</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Interest expense</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(37</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(48</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(85</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income from investees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,624</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19,937</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,547</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Loss on sale of assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,633</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Increase (decrease) in value of marketable securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,804</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,831</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,162</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Miscellaneous</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,421</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">237</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17,358</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">24,252</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17,021</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income before income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">24,206</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">30,585</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,380</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,959</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,090</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,793</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Basic earnings per common share:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.91</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted earnings per common share:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.59</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.91</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.17</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">See accompanying notes to consolidated financial statements. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">28 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_5"></A>GENCOR INDUSTRIES, INC. </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Consolidated Statements of Shareholders&#146; Equity </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><I>(In thousands) </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>For the Years Ended September 30, 2008, 2007 and 2006 </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="33%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Retained</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Accumulated</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Subscription</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Capital&nbsp;in</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Earnings</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Other</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Receivable</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Total</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Common Stock</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Class B Stock</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Unearned</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Excess of</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>(Accumulated</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Comprehensive</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Comprehensive</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>From</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Treasury Stock</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Shareholders&#146;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Amount</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Amount</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Compensation</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Par&nbsp;Value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Deficit)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Income (Loss)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Income (Loss)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Officer</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Cost</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Equity</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">8,340</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">834</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">1,735</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">174</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,659</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">42,054</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,582</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">179</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,704</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">51,435</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Stock options granted</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(270</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">270</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Stock options exercised</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">49</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">29</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">34</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Retirement of treasury stock</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(87</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(9</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(92</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,685</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(179</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,704</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Translation adj.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Comprehensive income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,574</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2006</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">8,302</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">830</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">1,643</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">164</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(270</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,273</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">53,641</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,595</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">63,043</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Stock retired</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(335</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(33</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">247</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">214</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Disposal of foreign assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,905</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,905</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Translation adj.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Comprehensive income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,484</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2007</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">7,967</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">797</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">1,643</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">164</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">72,136</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">299</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">83,781</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Stock options exercised</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Conversion of Class B stock</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">110</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(110</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(11</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Translation adj.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(170</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(170</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(170</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Comprehensive income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,077</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">8,080</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">808</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">1,533</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">153</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,542</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">87,383</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">129</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">99,015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">See accompanying notes to consolidated financial statements. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">29 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_6"></A>GENCOR INDUSTRIES, INC. </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Consolidated Statements of Cash Flows </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><I>In Thousands </I></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="79%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="10" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>For the Years Ended September&nbsp;30,</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash flows from operations:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Adjustments to reconcile net income to cash provided (used) by operations:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Increase in Marketable securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(4,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(10,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Decrease (Increase) in market value of marketable securities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,804</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(5,831</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,162</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(6,123</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,714</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(8,837</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Depreciation and amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">948</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">932</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,358</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income from investees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(15,624</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(19,937</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(14,547</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Provision for doubtful accounts</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">410</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">360</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">470</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Loss on sale of assets</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,633</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Change in assets and liabilities:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accounts receivable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(3,367</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">520</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,259</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Unearned compensation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">135</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Inventories</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(350</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(11,734</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(3,724</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Prepaid expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">634</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(63</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">356</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Account payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">310</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,490</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,131</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Customer deposits</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">298</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">577</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,265</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income and other taxes payable</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(486</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(208</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">457</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:7.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Accrued expenses</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,855</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,509</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,184</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:9.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total adjustments</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(28,266</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(40,883</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(28,838</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash provided by (used for ) operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(13,019</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(22,388</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(17,251</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash flows from (used for ) investing activities:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Distributions from unconsolidated investees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,624</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19,937</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,547</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Capital expenditures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(2,096</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(637</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(413</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Proceeds from assets held for sale</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,481</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash from (used for) investing activities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,528</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">24,781</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,134</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash flows used for financing activities:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Stock transactions</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">214</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">34</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net repayment of debt</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net borrowings</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash provided (used) for financing activities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">22</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">214</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">34</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Effect of exchange rate changes on cash</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(170</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(10</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(13</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net increase (decrease) in cash</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">361</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,597</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(3,096</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Cash and cash equivalents at:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Beginning of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,707</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,110</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,206</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">End of period</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,068</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,707</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,110</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">See accompanying notes to consolidated financial statements. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">30 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_7"></A>GENCOR INDUSTRIES, INC </B></FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Notes to Consolidated Financial Statements </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="2"><I>All amounts in thousands, except per share amounts </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 1 &#150; NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
</B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Gencor Industries, Inc. and its subsidiaries (collectively the &#147;Company&#148;) is a diversified heavy machinery manufacturer for the production of
highway construction materials, synthetic fuels and environmental control machinery and equipment. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">These consolidated financial statements include the
accounts of the Gencor Industries, Inc. and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B>Use of Estimates </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The preparation of the consolidated financial statements in conformity with generally accepted accounting principles
requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and
expenses during the reporting period. Actual results could differ from those estimates. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Net Income Per Share </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The financial statements include basic and diluted per share information. Basic earnings per share are based on the weighted average number of shares outstanding. Diluted
earnings per share are based on the sum of the weighted average number of shares outstanding plus common share equivalents. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The following presents the
calculation of the basic and diluted income per share from for the years ended September&nbsp;30, 2008, 2007 and 2006: </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="46%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="7" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="7" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="7" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Income</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Per&nbsp;Share</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Amount</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Income</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Per&nbsp;Share</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Amount</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Income</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Per&nbsp;Share</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Amount</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Basic EPS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,611</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,708</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.91</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,919</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.17</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted EPS</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,247</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,618</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,495</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,710</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.91</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,587</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,936</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.17</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Cash Equivalents </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Cash equivalents, may consist of short-term certificates of deposit and deposits in money market accounts with original maturities of three months or less. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2"><B>Marketable Securities </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Marketable securities are categorized as trading securities and stated at market value. Market
value is determined using the quoted closing or latest bid prices. Realized gains and losses on investment transactions are determined by specific identification and are recognized as incurred in the statement of income. Net unrealized gains and
losses are reported in the statement of income and represent the change in </FONT>
</P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">31 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px">
<FONT FACE="Times New Roman" SIZE="2">the market value of investment holdings during the period. At September&nbsp;30, 2008, Marketable securities consisted of $44,764 in municipal bonds and
$9,212 in equity stocks. At September&nbsp;30, 2007 Marketable securities consist of $33,483 in municipal bonds and $18,297 in equity stocks. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Fair
Value of Financial Instruments </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The carrying amounts of cash and cash equivalents, accounts receivable and accounts payable approximate fair value
because of the short-term nature of these items. The carrying amount of substantially all of the Company&#146;s long-term debt approximates fair value due to the variable nature of the interest rates on the debt. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Foreign Currency Translation </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Assets and liabilities of the
Company&#146;s foreign subsidiaries are translated into U.S. dollars at the applicable rate of exchange in effect at the end of the fiscal year. Revenue and expense accounts are translated at the average rate of exchange during the period and equity
accounts are translated at the rate in effect when the transactions giving rise to the balances took place. Gains and losses resulting from translation are included in &#147;Accumulated Other Comprehensive Income (Loss).&#148; Gains and losses
resulting from foreign currency transactions are included in income. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Risk Management </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents, marketable securities, and accounts receivable. The Company maintains its
cash accounts in various domestic and foreign financial institutions. Domestic funds are swept daily into interest-bearing overnight repurchase agreements invested in U.S. government securities. The marketable securities are invested in stocks and
municipal bonds through a professional investment advisor. Investment securities are exposed to various risks such as interest rate, market and credit. The Company&#146;s customers are not concentrated in any specific geographic region, but are
concentrated in the road and highway construction industry. The Company extends limited credit to its customers based upon their creditworthiness and generally requires a significant up-front deposit before beginning construction and full payment
subject to hold-back provisions, prior to shipment on asphalt plant orders. The Company establishes an allowance for doubtful accounts based upon the credit risk of specific customers, historical trends and other pertinent information. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Inventories </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Inventories are stated at the lower of cost or
market. The Company uses the last-in, first-out (LIFO) method of determining cost for substantially all inventories in the United States. All other inventories are accounted for using the first-in, first-out (FIFO) method. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Used equipment, acquired by the Company by trade-in from customers acquiring new equipment, is carried at estimated net realizable value. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">32 </FONT></P>


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


 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 1 &#150; NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
</B><I></I><B><I></I></B>(Continued)<B><I></I></B><I></I><B> </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Property and Equipment </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Property and equipment are stated at cost. Depreciation of property and equipment is computed using straight-line and accelerated methods over the estimated useful lives of the related assets as follows: </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="91%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Years</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Land improvements</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Buildings and improvements</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6-40</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Equipment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2-10</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Impairments </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">If the carrying value of an asset, including associated intangibles and goodwill, exceeds the sum of estimated undiscounted future cash flows, an impairment loss is recognized for the difference between estimated fair value and carrying
value. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Investment in Unconsolidated Investees </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The
Company owns a 45% interest in Carbontronics LLC and a 25% interest in Carbontronics Fuels LLC and Carbontronics II, LLC. These interests were earned as part of value of risk on contracts to build four synthetic fuel production plants during 1998.
The Company has no basis in these equity investments or requirement to provide future funding. The operations of Carbontronics LLC consist of the receipt of contingent payments from the sales of the plants and the distribution thereof to its
members. Carbontronics LLC has no other significant operations or assets. The operations of Carbontronics II, LLC consist of the receipt of royalty payments from the plants and the distribution thereof to its members. Carbontronics II, LLC has no
other significant operations or assets. Any income arising from these investments is dependent upon tax credits (adjusted for operating losses at the fuel plants) being generated as a result of synthetic fuel production, which will be recorded as
received. The Company received $15,624 during the fiscal year 2008. The Company received $19,937 of distributions in fiscal 2007. The Company recognized income of $14,547 in 2006 for the distribution received; less an accrual of $1,000 for certain
expenses associated with efforts by the Company as plaintiff in a matter against its synthetic fuels partners. These distributions are subject to state and Federal income taxes. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The existing tax credit legislation expired at the end of calendar year 2007. Consequently, the four synthetic fuel plants were decommissioned. They were sold or transferred to site owners in exchange for a release of
all contracted liabilities related to the removal of plants from the sites. The administrative partner has informed the Company that there will be no operations in calendar 2008 and almost all of the partnership affairs will be finalized in 2008. It
is not possible to predict the amount, if any, of final distributions from the partnerships upon the final disposition and winding-up of operations. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B>Revenues </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Revenues from contracts for the design and manufacture of certain custom equipment are recognized under the
percentage-of-completion method. Revenues from all other sales are recorded as the products are shipped or service is performed. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">33 </FONT></P>


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


 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 1 &#150; NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </B>(Continued)<B>
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The percentage-of-completion method of accounting for long term contracts recognizes revenue in proportion to actual
labor costs incurred as compared with total estimated labor costs expected to be incurred during the entire contract. All selling, general and administrative expenses are charged to operations as incurred. Provision is made for any anticipated
contract losses in the period that the loss becomes evident. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The estimated costs of product warranties are charged to production costs as revenue is
recognized. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Shipping and Handling Costs </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Shipping and
handling costs are included in production costs in the statements of income. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Miscellaneous Income </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Miscellaneous Income in 2008 includes $3.4 million favorable legal settlement from a former service provider. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Income Taxes </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company recognizes deferred tax liabilities and
assets for the expected future tax consequences of events that have been included in the financial statements or tax returns using current tax rates. The Company and its domestic subsidiaries file a consolidated federal income tax return. The
foreign subsidiaries provide income taxes based on the tax regulations of the countries in which they operate. Undistributed earnings of the Company&#146;s foreign subsidiaries are intended to be indefinitely reinvested. No deferred taxes have been
provided on these earnings. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Deferred tax assets and liabilities are measured using the rates expected to apply to taxable income in the years in which the
temporary differences are expected to reverse and the credits are expected to be used. The effect on deferred tax assets and liabilities of the change in tax rates is recognized in income in the period that includes the enactment date. An assessment
is made as to whether or not a valuation allowance is required to offset deferred tax assets. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Accounting for Stock-Based Compensation </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Prior to fiscal 2006, the Company measured compensation expense for employee and director stock options as the aggregate difference between the market price of the
common stock and exercise prices of the options on the date that both the number of shares the grantee is entitled to receive and the purchase price were known. No expense was recorded as the option prices on grant date were at least equal to market
price of the common stock. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Effective October&nbsp;1, 2005, the Company adopted the provisions of Financial Accounting Standards Board Statement
No.&nbsp;123R &#147;Share-Based Payment&#148; (SFAS No.&nbsp;123R). The Company now records grant-date fair value of stock-based compensation in the statement of operations. The Company adopted SFAS 123R using the modified prospective method.
Accordingly, the Company has not restated any previous operating results. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">On September&nbsp;28, 2006, the Company granted 30,000 options at market price
to certain officers and directors of the Company. The fair value is estimated on grant date using the Black-Scholes options pricing model. Volatility was based on historical activity and the term was estimated based on the life of the option and the
vesting period. As a result, $270 of unearned compensation was recorded at September&nbsp;30, 2006 and was charged to operating expense over the vesting period of two years. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">34 </FONT></P>


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


 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 1 &#150; NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </B>(Continued)<B>
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Comprehensive Income (Loss) </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Other Comprehensive Income (Loss) consists of net income and includes all other changes in shareholders&#146; equity except those resulting from investments by owners and distributions to them. For all years
presented, the Company&#146;s comprehensive income (loss), which encompasses net income and foreign currency translation adjustments, is separately displayed in the consolidated statement of shareholders&#146; equity. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Reporting Segments </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Information concerning principal geographic areas
is as follows: </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="54%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="5" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Revenues</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Long-Term</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Assets</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Revenues</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Long-Term</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Assets</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Revenues</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Long-Term</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Assets</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">United States</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">85,589</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,685</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">72,394</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,471</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">63,150</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,701</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">United Kingdom</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,754</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">316</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,892</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">364</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,957</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,637</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>
<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>
<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>
<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>
<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>
<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 BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">88,343</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,001</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">75,286</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,835</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">67,107</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,338</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>
<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>
<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>
<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>
<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>
<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="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Revenues are attributed to geographic areas based on the location of the assets producing the revenues.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 2 &#150; INVENTORIES, NET </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Inventories, net at
September&nbsp;30 consist of the following: </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="78%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Raw materials</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,943</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19,905</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Work in process</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,387</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,669</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Finished goods</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,594</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,165</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Used equipment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,120</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,955</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>
<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 BGCOLOR="#cceeff">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">35,044</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">34,694</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>
<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="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">At September&nbsp;30, 2008, accumulated costs of approximately $14,908 on major contracts, net of progress
payments of approximately $13,238 and estimated earnings of approximately $7,287 amount to approximately $8,957 and are included in inventory. At September&nbsp;30, 2007, accumulated costs of approximately $8,739 on major contracts, net of progress
payments of approximately $6,693 and estimated earnings of approximately $5,015, amount to approximately $7,061 and are included in inventory. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">At
September&nbsp;30, 2008 and 2007, cost is determined by the last-in, first-out (LIFO) method for inventories. The estimated current cost of inventories exceeded their LIFO basis by approximately $5,896 and $5,254, respectively. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">35 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 3 &#150; PROPERTY AND EQUIPMENT </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Property and equipment at September&nbsp;30 consist of the following: </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="76%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Land and improvements</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,070</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,026</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Building and improvements</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,633</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,958</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Equipment</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,351</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,993</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26,054</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23,977</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Less: Accumulated depreciation and amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(17,237</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(16,317</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,817</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">7,660</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Property and equipment includes approximately $8,106 and $7,489 of fully depreciated assets, which remain in
service during fiscal 2008 and 2007. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Substantially all of the Company&#146;s property and equipment is pledged as collateral for the Company&#146;s debt.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Depreciation and amortization expense for the years ended September&nbsp;30, 2008, 2007 and 2006 was approximately $948, $932, and $1,358, respectively.
There was no interest capitalized during these years. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 4 &#150; ACCRUED EXPENSES </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Accrued expenses consist of the following at September&nbsp;30: </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="80%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Payroll and related accruals</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,929</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,598</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Warranty and related accruals</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">603</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">405</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Professional fees</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">70</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,430</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">899</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">905</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>
<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 BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,501</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,338</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>
<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="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">36 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 5 &#150; INCOME TAXES </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The provision for income taxes consists of: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Current:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Federal</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">14,028</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,583</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,430</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">State</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,015</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">746</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,329</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Foreign</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">38</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">47</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(65</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</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>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Total current expense</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,081</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,376</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">16,694</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Deferred</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(6,122</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,714</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(9,901</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</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>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Provision for income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8,959</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,090</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">6,793</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</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>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:3px double #000000">&nbsp;</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>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The difference between the U.S. federal income tax rate and the Company&#146;s effective income tax rate is as
follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="85%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2008</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2007</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>2006</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Federal income tax rate</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">35.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">35.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">35.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">State income taxes</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">2.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">2.4</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">2.3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Losses for which no tax benefit has been recognized</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">2.3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Other</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">-0.2</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">-0.3</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</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>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">37.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">39.5</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">37.0</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">%</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>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Accumulated deficits of non-U.S. subsidiaries included in consolidated retained earnings (deficit) amounted to
($479) and ($382) as of September&nbsp;30, 2008, and 2007, respectively. The Company follows the policy of indefinitely reinvesting foreign earnings, if any, to expand its international operations. Accordingly, the Company will not provide U.S.
income taxes on any future earnings. In the event any earnings of non-U.S. subsidiaries are repatriated, the Company will provide U.S. income taxes upon repatriation of such earnings which will be offset by applicable foreign tax credits, subject to
certain limitations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Total income taxes paid were $15,452, $5,436, and $15,725 in 2008, 2007, and 2006, respectively. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 6 &#150; RETIREMENT BENEFITS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>401(k) Plan </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company has a voluntary 401(k) employee benefit plan which covers all eligible domestic employees. The Company makes discretionary matching contributions subject to a
maximum level, in accordance with the terms of the plan. The Company charged approximately $151, $114, and $104 to operating expense under the provisions of the plan during the fiscal years 2008, 2007 and 2006, respectively. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">37 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 7 &#150; LONG-TERM DEBT </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The Company had no long term debt outstanding at September&nbsp;30, 2008 or 2007. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company entered into a Revolving Credit and Security
Agreement with PNC Bank, N.A. The Agreement established a three year revolving $20 million credit facility and was renewed through July&nbsp;31, 2009. The facility provides for advances based on accounts receivable, inventory and real estate. The
facility includes a $2 million limit on letters of credit. At September&nbsp;30, 2008, the Company had $.8 million of letters of credit outstanding. The interest rate at September&nbsp;30, 2008, is at LIBOR plus 2.00% and subject to change based
upon the Fixed Charge Coverage Ratio. The Company is required to maintain a Fixed Charge Coverage Ratio of 1.1:1. There are no required repayments as long as there are no defaults and there is adequate eligible collateral. Substantially, all of
Company&#146;s assets are pledged as security under the Agreement. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 8 &#150; COMMITMENTS AND CONTINGENCIES </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Leases </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company leases certain equipment under non-cancelable
operating leases. Future minimum rental commitments under these leases at September&nbsp;30, 2008 consist of $322 due over the next five years. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Total
rental expense for the fiscal years ended 2008, 2007 and 2006 was $175, $193 and $150, respectively. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>Litigation </B></FONT></P> <P
STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company has various pending litigation and other claims. Those claims which are made in the ordinary course of business may be covered in whole or in part by
insurance, and if found against the Company, management does not believe these matters will have a material effect on the Company&#146;s financial position, results of operations or cash flows. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 9 &#150; SHAREHOLDERS&#146; EQUITY </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Under the Company&#146;s
amended Certificate of Incorporation, certain rights of the holders of the Company&#146;s Common Stock are modified by shares of Class B Stock for as long as such shares shall remain outstanding. During that period, holders of Common Stock will have
the right to elect approximately 25% of the Company&#146;s Board of Directors, and conversely, Class B Stock will be entitled to elect approximately 75% of the Company&#146;s Board of Directors. During the period when Common Stock and Class B Stock
are outstanding, certain matters submitted to a vote of shareholders will also require approval of the holders of Common Stock and Class B Stock, each voting separately as a class. Common stock and Class&nbsp;B shareholders have equal rights with
respect to dividends, preferences, and rights, including rights in liquidation. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">38 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 10 &#150; STOCK OPTIONS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The Company maintains stock option plans, which provide for the issuance of nonqualified or incentive stock options to certain directors, officers and key employees. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The 1997 Stock Option Plan (the &#147;1997 Plan&#148;) provided for the issuance of incentive stock options and nonqualified stock options to purchase up to 1,200,000 shares of the Company&#146;s Common Stock,
1,200,000 shares of the Company&#146;s Class&nbsp;B Stock and up to fifteen percent (15%)&nbsp;of the authorized Common Stock of any subsidiary. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Under the
terms of the Plans, option holders may tender previously owned shares with a market value equal to the exercise price of the options at exercise date, subject to Compensation Committee approval. Additionally, option holders may, upon Compensation
Committee approval, surrender shares of stock to satisfy federal withholding tax requirements. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Options become exercisable in a manner and on such dates
and times as determined by a committee of the Board of Directors. Options expire not more than ten years from the date of grant. The option holders have no shareholder rights until the date of issuance of a stock certificate for such shares.
Exercise of the options granted during 2002 and 2001 are limited to 20%&nbsp;per year over the next 5 years. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">During 2006, 30,000 options were granted to
certain officers and Directors of the Company at the market value, ($9.32) at the date of grant. These options vest over two years and are exercisable through 2016. The fair value of these options is estimated on grant date using the Black-Scholes
options pricing model. As a result, $270 of unearned compensation was recorded at September&nbsp;30, 2006 and was charged to operating expense over the vesting period of two years. As of September&nbsp;30, 2008, there are no options available for
future grants under the plans. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The following table summarizes option activity under the plans: </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="86%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Number&nbsp;of</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Option</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Price</B></FONT><br><FONT FACE="Times New Roman"
SIZE="1"><B>Per&nbsp;Share</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Outstanding at September&nbsp;30, 2005</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">54,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.36</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Exercised at price of $.87 -$1.65 per share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(54,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.36</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Granted at price of $9.32 per share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">30,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.32</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>&nbsp;</TD>
<TD VALIGN="bottom">&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:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Outstanding at September&nbsp;30, 2007 and 2006</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">30,000</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.32</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Exercised at price of $9.32 per share</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">2,500</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.32</FONT></TD></TR>
<TR STYLE="font-size:1px">
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-top:1px solid #000000">&nbsp;</TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Outstanding at September&nbsp;30, 2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="right" COLSPAN="1" VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">27,500</FONT></TD>
<TD COLSPAN="1" NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9.32</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>&nbsp;</TD>
<TD VALIGN="bottom">&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="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">39 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The following table summarizes information about stock options outstanding at September&nbsp;30, 2008: </FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center">

<TR>
<TD WIDTH="80%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000;width:48pt"><FONT FACE="Times New Roman" SIZE="1"><B>Exercise Price</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Number of</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Options</B></FONT><br><FONT FACE="Times New Roman"
SIZE="1"><B>Outstanding</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Weighted</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Average</B></FONT><br><FONT FACE="Times New Roman"
SIZE="1"><B>Remaining</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Contractual</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Life</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">$9.32</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">27,500</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">8</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">At September&nbsp;30, 2008, 27,500 share were exercisable. </FONT></P> <P
STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>NOTE 11 &#150; RELATED PARTY TRANSACTIONS </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Marcar Leasing Corporation
(&#147;Marcar&#148;) is engaged in leasing machinery and vehicles to the public and the Company. Marcar is owned by family members of the Company&#146;s Chairman. The terms of the leases are established based on the rates charged by independent
leasing organizations and are believed to be more favorable than those generally available from independent third parties. Leases between the Company and Marcar generally provide for equal monthly payments over either thirty-six months or
forty-eight months. During fiscal 2008, 2007 and 2006, the Company made lease payments to Marcar totaling $150, $124 and $121, respectively. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">40 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_8"></A>Quarterly Financial Information (Unaudited) </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="68%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="12" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B><I>In thousands, except per share amounts</I></B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="12" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Quarters ended</B></FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>December&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>March&nbsp;31</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>June&nbsp;30</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>September&nbsp;30</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>2008</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,323</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">24,573</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">23,915</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">21,532</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Production costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,949</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">17,641</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">19,106</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">16,495</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Production engineering and development</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">604</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">647</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">786</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">758</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Selling, general and administrative</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,498</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,825</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,115</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,077</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income from operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,272</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,460</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">908</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,210</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income from investee</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,624</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">13,113</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,320</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">686</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">134</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Basic earnings per share:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.14</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.07</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.01</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted earnings per share:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.36</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.14</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.07</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.01</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD>
<TD HEIGHT="16" COLSPAN="3"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>2007</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net Sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">12,370</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">26,491</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">21,187</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,238</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Production costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">9,337</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">18,763</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15,595</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,741</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Production engineering and development</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">591</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">630</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">619</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">727</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Selling, general and administrative</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,668</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,990</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,589</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,703</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income from operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(226</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,108</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,384</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">66</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Income from investee</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,285</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">11,887</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">4,765</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,483</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">10,491</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">5,663</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">858</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Basic earnings per share:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.09</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.09</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Diluted earnings per share:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Net income</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1.08</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">0.09</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The earnings per share on a year-to-date calculation may not equal the total of the quarterly calculations due to
rounding. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">41 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B><A NAME="tx14486_9"></A>SCHEDULE II </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Gencor Industries, Inc. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>Valuation and Qualifying Accounts </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="62%"></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000;width:39pt"><FONT FACE="Times New Roman" SIZE="1"><B>Description</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Balance&nbsp;at</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>Beginning&nbsp;of</B></FONT><br><FONT
FACE="Times New Roman" SIZE="1"><B>Year</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Charges/Credits</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>to Cost and</B></FONT><br><FONT
FACE="Times New Roman" SIZE="1"><B>Expenses</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Additions/</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>(Deductions)</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="1"><B>Balance&nbsp;at&nbsp;End</B></FONT><br><FONT FACE="Times New Roman" SIZE="1"><B>of Year</B></FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" COLSPAN="15"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2"><B>Valuation accounts deducted from assets to which they apply:</B></FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">For doubtful accounts receivable:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,685</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">410</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(168</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,927</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2007</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,440</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">360</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(115</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,685</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2006</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,159</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">470</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(189</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">1,440</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">For inventory obsolescence:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2008</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,659</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(82</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(150</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,427</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2007</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,889</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(44</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">(1,186</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">2,659</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">September 30, 2006</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,874</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">15</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">&#151;&nbsp;&nbsp;</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">3,889</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">42 </FONT></P>


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


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;9.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">None. </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 FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;9A.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">CONTROLS AND PROCEDURES </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Evaluation of Disclosure Controls and Procedures
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The Company&#146;s Chief Executive Officer and Chief Financial Officer evaluated the effectiveness of the design and operation of the Company&#146;s
&#147;disclosure controls and procedures&#148; (as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;)) as of the end of the period covered by this report. Based upon that evaluation, the
Chief Executive Officer and the Chief Financial Officer concluded that, as of the end of the period covered by this report, the Company&#146;s disclosure controls and procedures are effective. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Because of inherent limitations, our disclosure controls and procedures, no matter how well designed and operated, can provide only reasonable, and not absolute,
assurance that the objectives of such disclosure controls and procedures are met and no evaluation can provide absolute assurance that all control issues and instances of fraud, if any, within the Company has been detected. </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">As of the end of the period covered by this Report we conducted an evaluation, under the supervision and with the participation of our management, including our
principal executive officer and principal financial officer, of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act Rules 13a-15(b) and 15d-15(b). Based on this evaluation, our principal
executive officer and principal financial officer concluded that our disclosure controls and procedures were effective as of September&nbsp;30, 2008. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2"><B>Management&#146;s Annual Report on Internal Control Over Financial Reporting </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The management of the Company is responsible for establishing
and maintaining adequate internal control over financial reporting for the Company. The Company&#146;s internal control system is designed to provide reasonable assurance to the Company&#146;s management and board of directors regarding the
reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. There are inherent limitations in the effectiveness of all internal control systems no
matter how well designed. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to the preparation and presentation of financial statements. Furthermore, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become inadequate because of a change in circumstances or conditions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In order
to ensure that the Company&#146;s internal control over financial reporting is effective, management regularly assesses such controls and did so most recently as of September&nbsp;30, 2008. This assessment was based on criteria for effective
internal control over financial reporting described in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Based on this assessment, management believes the Company&#146;s maintained
effective internal control over financial reporting as of September&nbsp;30, 2008. Moore Stephen Lovelace, P. A., the Company&#146;s independent registered public accounting firm, has issued an attestation report on the Company&#146;s internal
control over financial reporting as of September&nbsp;30, 2008. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">43 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Changes in Internal Control over Financial Reporting </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">Our management, including the Chief Executive Officer and Chief Financial Officer has reviewed our internal controls over financial reporting. There were no changes in our internal controls over financial reporting
during the quarter ended September&nbsp;30, 2008 that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. </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 FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;9B.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>OTHER INFORMATION </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">None. </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">44 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>PART III </B></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="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;10.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The
information required by this Item&nbsp;10 is incorporated herein by reference to the Company&#146;s definitive 2009 Proxy Statement for the Annual Meeting of Stockholders. </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 FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;11.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>EXECUTIVE COMPENSATION </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The information required by this
Item&nbsp;11 is incorporated herein by reference to the Company&#146;s definitive 2009 Proxy Statement for the Annual Meeting of Stockholders. </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 FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;12.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
FACE="Times New Roman" SIZE="2">The information required by this Item&nbsp;12 is incorporated herein by reference to the Company&#146;s definitive 2009 Proxy Statement for the Annual Meeting of Stockholders. </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 FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;13.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">The information required by this Item&nbsp;13 is incorporated herein by reference to the Company&#146;s definitive 2009 Proxy Statement for the Annual Meeting of Stockholders. </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 FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;14.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">PRINCIPAL ACCOUNTING FEES AND SERVICES </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">The information required by this
Item&nbsp;14 is incorporated herein by reference to the Company&#146;s definitive 2009 Proxy Statement for the Annual Meeting of Stockholders. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">45 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2"><B>PART IV </B></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="9%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2"><U>ITEM&nbsp;15.</U></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2"><U></U>EXHIBITS AND FINANCIAL STATEMENT SCHEDULES </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">A listing of financial statements and financial statement schedules filed as part of this Report and which financial statements and schedules are incorporated into this report by
reference, is set forth in the &#147;Index to Financial Statements&#148; in Item&nbsp;8 hereof. </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Exhibit Index </FONT></TD></TR></TABLE> <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="4%"></TD>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="13%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:35pt"><FONT FACE="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" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="1"><B>DESCRIPTION</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>FILED&nbsp;HEREWITH</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;3.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Restated Certificate of Incorporation of Company, incorporated by reference to Exhibit&nbsp;3.1 to Registration No.&nbsp;33-627</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;3.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Amended and Restated By-Laws of Gencor Industries, Inc.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;3.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certificate of Amendment, changing name of Mechtron International Corporation to Gencor Industries, Inc. and adding a &#147;twelfth&#148; article regarding director liability limitation,
incorporated by reference to the Company&#146;s annual report on Form&nbsp;10-K for the year ended December&nbsp;31, 1987.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;4.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Form of Common Stock certificate, incorporated by reference to Exhibit&nbsp;4.1 to Registration No.&nbsp;33-627.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;4.47</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Amended and Restated Senior Secured Credit Agreement, incorporated by reference to the Company&#146;s report on Form 10-K filed on December 26, 2002.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;4.48</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Security Agreement dated August 1, 2003, incorporated by reference to the Company&#146;s report on Form 8-K filed on August 8, 2003.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">&nbsp;&nbsp;4.49</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">First Amendment to Revolving Credit and Security Agreement, incorporated by reference to the Company&#146;s Form 8-K filed on August 3, 2006.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.5</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Form of Agreement for Nonqualified Stock Options granted in 1986, incorporated by reference to the Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 1986.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.11</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">1997 Stock Option Plan incorporated by reference to Exhibit&nbsp;A to the Company&#146;s Proxy Statement on 14A, filed March&nbsp;3, 1997.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.12</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">First Amendment to the Stock Option Plan Agreement incorporated by reference to Exhibit 10.12 to the Company&#146;s Quarterly Report on Form 10-Q for the quarter ended June 30,
2006.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.13</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Limited Liability Company Operating Agreement of Carbontronics, LLC, incorporated by reference to the Company&#146;s Form 10-Q for the quarter ended December 31, 2005.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">46 </FONT></P>


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


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

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD WIDTH="76%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="13%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:35pt"><FONT FACE="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" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="1"><B>DESCRIPTION</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>FILED&nbsp;HEREWITH</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.14</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Carbontronics, LLC, Amendment to Operating Agreement incorporated by reference to the Company&#146;s Form 10-Q for the quarter ended December 31, 2005.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.15</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Carbontronics, LLC, Second Amendment to Operating Agreement incorporated by reference to the Company&#146;s Form 10-Q for the quarter ended December 31, 2005.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.16</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Third Amendment to Limited Liability Company Operating Agreement of Carbontronics, LLC, incorporated by reference to the Company&#146;s Form 10-Q for the quarter ended December 31,
2005.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.17</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Purchase and Sale Agreement between Carbontronics Synfuels Investors, L.P. and Carbontronics LLC, incorporated by reference to the Company&#146;s Form 10-Q for the quarter ended December 31,
2005.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.18</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Limited Liability Company Operating Agreement of Carbontronics II, LLC, incorporated by reference to the Company&#146;s Form 10-Q for the quarter ended December 31, 2005.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">10.19</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Carbontronics II, LLC Unanimous Consent of Members, incorporated by reference to the Company&#146;s Form 10-Q for the quarter ended December 31, 2005.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">21.0</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Subsidiaries of the Registrant</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">X</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">23.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Independent Auditors&#146; Consent</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">X</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">31.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certification of Chief Executive Officer Pursuant to Rule 13a &#150; 14(a) of the Securities Exchange Act of 1934, as amended</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">X</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">31.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certification of Chief Financial Officer Pursuant to Rule 13a &#150; 14(a) of the Securities Exchange Act of 1934, as amended</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">X</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">32.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certifications of Chief Executive Officer and Chief Financial Officer Pursuant to 18 U. S. C. Section 1350.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">X</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">47 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Pursuant to the requirements of Sections&nbsp;13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. </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="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="49%"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Dated: December&nbsp;12, 2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">GENCOR INDUSTRIES, INC.</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(Registrant)</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ E.J. Elliott</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">E.J. Elliott</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chairman and Chief Executive Officer</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the
following persons on behalf of the Registrant and in the capacities and on the dates indicated. The signatures of Directors constitute a majority of Directors. </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="47%"></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD WIDTH="46%"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ E.J. Elliott</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Scott W. Runkel</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">E.J. Elliott</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Scott W. Runkel</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Chairman and Chief Executive Officer</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chief Financial Officer</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">(Principal Executive Officer)</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">(Principal Financial and Accounting Officer)</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Marc G. Elliott</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Cort J. Dondero</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Marc G. Elliott</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Cort Dondero</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">President and Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Director</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Randolph H. Fields</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ David A. Air</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Randolph H. Fields</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">David A. Air</FONT></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Director</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Edward A. Moses, Ph.D.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Edward A. Moses</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Director</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">48 </FONT></P>


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

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2"><U>EXHIBITS FILED HEREWITH </U></FONT></P> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">

<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD WIDTH="90%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:39pt"><FONT FACE="Times New Roman" SIZE="1"><B>Exhibit&nbsp;No.</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT FACE="Times New Roman" SIZE="1"><B>Description</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">21.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Subsidiaries of the Registrant</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">23.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Independent Auditor&#146;s Consent</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">31.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certification of Chief Executive Officer Pursuant to Rule 13a &#150; 14(a) of the Securities Exchange Act of 1934, as amended</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">31.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certification of Chief Financial Officer Pursuant to Rule 13a &#150; 14(a) of the Securities Exchange Act of 1934, as amended</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">32.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Certifications of Chief Executive Officer and Chief Financial Officer Pursuant to 18 U. S. C. Section 1350.</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">49 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-21.1
<SEQUENCE>2
<FILENAME>dex211.htm
<DESCRIPTION>SUBSIDIARIES OF THE REGISTRANT
<TEXT>
<HTML><HEAD>
<TITLE>Subsidiaries of the Registrant</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">EXHIBIT 21.1 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2"><B>GENCOR INDUSTRIES, INC. AND SUBSIDIARIES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">SUBSIDIARIES OF THE REGISTRANT </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">All of the operating subsidiaries of Gencor Industries, Inc., a Delaware corporation, listed below are included in the Consolidated Financial Statements: </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="74%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>State in<BR>Which<BR>Incorporated</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"> <P STYLE="margin-top:0px;margin-bottom:1px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="1"><B>Country in Which<BR>Incorporated</B></FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">General Combustion Corporation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Florida</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">General Combustion Limited</FONT></P></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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">England</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Bituma-Stor, Inc.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Iowa</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Bituma Corporation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Washington</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Equipment Services Group, Inc.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">Florida</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT FACE="Times New Roman" SIZE="2">Gencor International Limited</FONT></P></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" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">British&nbsp;Virgin&nbsp;Islands</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>dex231.htm
<DESCRIPTION>INDEPENDENT AUDITOR'S CONSENT
<TEXT>
<HTML><HEAD>
<TITLE>Independent Auditor's Consent</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">EXHIBIT 23.1 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2">CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">We consent to the incorporation by reference in the Post-Effective Amendment
No.&nbsp;1 to the Registration Statement of Gencor Industries, Inc. on Form S-8 for the registration of 3,556,000 ($.10 par value) shares of its common stock issuable pursuant to its 1992 Stock Option Plan, 1996 Stock Option Agreements and 1997
Stock Option Plan (SEC File Number 333-61769) and in the related prospectus of our report dated December&nbsp;11, 2008 with respect to the consolidated financial statements of Gencor Industries, Inc. and subsidiaries included in this Annual Report
on Form 10-K for the year ended September&nbsp;30, 2008. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ MOORE STEPHENS LOVELACE, P.A.</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2"><B>MOORE STEPHENS LOVELACE, P.A.</B></FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">CERTIFIED PUBLIC ACCOUNTANTS </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman"
SIZE="2">Orlando, Florida </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">December&nbsp;11, 2008 </FONT></P>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>4
<FILENAME>dex311.htm
<DESCRIPTION>SECTION 302 CEO CERTIFICATION
<TEXT>
<HTML><HEAD>
<TITLE>Section 302 CEO Certification</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">EXHIBIT 31.1 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2">CERTIFICATION </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">I, Mr.&nbsp;E.J. Elliott, certify that: </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="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">I have reviewed this annual report on Form 10-K of Gencor Industries, Inc.; </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Based on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light
of the circumstances under which such statements were made, not misleading with respect to the period covered by this annual report; </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Based on my knowledge, the financial statements, and other financial information included in this annual report, fairly present in all material respects the financial condition,
results of operations and cash flows of the registrant as of, and for, the periods presented in this annual report; </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers and I, are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14
and 15d-14) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15 (f)&nbsp;and 15d-15(f)) for the registrant and have: </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 FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this annual report is being prepared; </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 FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></TD></TR></TABLE> <P
STYLE="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 FACE="Times New Roman" SIZE="2">c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this report based on such evaluation; 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="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter that has
materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting, and; </FONT></TD></TR></TABLE> <P STYLE="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 FACE="Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#146;s
auditors and the audit committee of registrant&#146;s board of directors (or persons performing the equivalent functions): </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 FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
registrant&#146;s ability to record, process, summarize and report financial information; and </FONT></TD></TR></TABLE> <P STYLE="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 FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal controls. </FONT></TD></TR></TABLE> <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="47%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date: December&nbsp;12, 2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ E.J. Elliott</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">E.J. Elliott</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chairman and Chief Executive Officer</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>5
<FILENAME>dex312.htm
<DESCRIPTION>SECTION 302 CFO CERTIFICATION
<TEXT>
<HTML><HEAD>
<TITLE>Section 302 CFO Certification</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">EXHIBIT 31.2 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2">CERTIFICATION </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">I, Mr.&nbsp;Scott&nbsp;W. Runkel, certify that: </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="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">I have reviewed this annual report on Form 10-K of Gencor Industries, Inc.; </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Based on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light
of the circumstances under which such statements were made, not misleading with respect to the period covered by this annual report; </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Based on my knowledge, the financial statements, and other financial information included in this annual report, fairly present in all material respects the financial condition,
results of operations and cash flows of the registrant as of, and for, the periods presented in this annual report; </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%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers and I, are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14
and 15d-14) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15 (f)&nbsp;and 15d-15(f)) for the registrant and have: </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 FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this annual report is being prepared; </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 FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></TD></TR></TABLE> <P
STYLE="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 FACE="Times New Roman" SIZE="2">c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure
controls and procedures, as of the end of the period covered by this report based on such evaluation; 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="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s most recent fiscal quarter that has
materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting, and; </FONT></TD></TR></TABLE> <P STYLE="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 FACE="Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The registrant&#146;s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant&#146;s
auditors and the audit committee of registrant&#146;s board of directors (or persons performing the equivalent functions): </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 FACE="Times New Roman" SIZE="2">a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the
registrant&#146;s ability to record, process, summarize and report financial information; and </FONT></TD></TR></TABLE> <P STYLE="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 FACE="Times New Roman" SIZE="2">b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal controls. </FONT></TD></TR></TABLE> <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="47%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">Date: December&nbsp;12, 2008</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Scott W. Runkel</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Scott W. Runkel</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chief Financial Officer</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-32.1
<SEQUENCE>6
<FILENAME>dex321.htm
<DESCRIPTION>SECTION 906 CEO AND CFO CERTIFICATION
<TEXT>
<HTML><HEAD>
<TITLE>Section 906 CEO and CFO Certification</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2">EXHIBIT 32.1 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
FACE="Times New Roman" SIZE="2">CERTIFICATION PURSUANT TO </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">18 U.S.C. SECTION 1350, </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"
ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">AS ADOPTED PURSUANT TO </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="2">SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 </FONT></P> <P
STYLE="margin-top:12px;margin-bottom:0px"><FONT FACE="Times New Roman" SIZE="2">In connection with the Annual Report of Gencor Industries, Inc. (the &#147;Company&#148;) on Form 10-K for the fiscal year ending September&nbsp;30, 2008 as filed with
the Securities and Exchange Commission on the date hereof (the &#147;Report&#148;), each of the undersigned officers of the Company, certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to 906 of the Sarbanes-Oxley Act of 2002, that: </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="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(1)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; 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="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT FACE="Times New Roman" SIZE="2">(2)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT FACE="Times New Roman" SIZE="2">The information contained in the Report fairly presents, in all materials respects, the financial condition and results of operations of the Company. </FONT></TD></TR></TABLE> <P
STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ E.J. Elliott</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">E.J. Elliott</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chairman and Chief Executive Officer</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">December&nbsp;12, 2008</FONT></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">

<TR>
<TD WIDTH="100%"></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT FACE="Times New Roman" SIZE="2">/s/ Scott W. Runkel</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Scott W. Runkel</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">Chief Financial Officer</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT FACE="Times New Roman" SIZE="2">December&nbsp;12, 2008</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g14486tx_pg004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g14486tx_pg004.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@!W@*>`P$1``(1`0,1`?_$`)\``0`"`@(#`0``````
M```````'"`8)!`4!`@,*`0$`````````````````````$```!@,``0(#`P4)
M"0L)!`L"`P0%!@<``0@)$1(A$Q0Q%18BUA<86$%15Y?7F-@9.6%QD3(C=K>X
MF;$S<R2U-I9W67D*0E*RLS1T)3=X@:%#4V,H.%0F)U5&ID<:$0$`````````
M````````````_]H`#`,!``(1`Q$`/P#]_&`P&`P&!&]G7)4-*,`Y7<MJ5Q4L
M7!L6AR.S)O&8(PA$#7N$';O*7-J;]"#K[=?,]<"BAOERXK?#E2&E)%;G5KLF
M&87I%R3SM>G0S4>87K>Q:!/J[@+K5Y`/7TU\P]\)*UZZWL6@_'`]!=O=9S(H
M)U->*OJ)<D,]NBG?H*T^7^=VP7NV+6C#&G=NV98J8GX:WO1D?";K6_B7K?PP
M/H9._+W+"_G,?-W`E.$F>W8"K!ZGO.W7A/H6M^NE#;!.9*_9S30;^T);K[=_
MN#W]N![EPCR_/H-:=.C/'I7FM[UZ@BW)W0=AJ"];_P`;6ETDZWA:8[8/W-_1
M`UO]W6L#U-YY\H2[\M7Y**5:A"V7L1,7\>[8G*+UHS8C0%#D_44K-WH9>_;K
M8O78?3U^.!PC>7_)D,X1@/*?'B2Q#]P2`<%5((L`?_,"(VRS#MA_N[%O?]W`
MYFN<_)VF&,:/R8U2LU[M"+)D/C[C2TK6M%##L`Q,'1T7.%H1N]"]="UO6M>G
M]W`^PJ[\N;'H0FOJS@F>Z#ZZ`1+^+KPA@S=>N]ZV)=%.SGLL@7I\/724S6OM
M]-_9@?`F2^8>,^XUUJ#QSV\F*$'U)C%Z]&T@[*@:]??LA+(J)NIK('O6OAHQ
M=O6M[^W?VX'@'8O<$1V8;:WBJN)8VI]Z^H=>;>D.9KO+T#01B&8E9+"FG.\P
M7:UH/P"6V;,%ZZUH/KZ:P/E_6T<OQ@L.[\B'4_)QFQZ+&IZ4Y.O>#1,C?O&`
M0S[5987*Z<+3EB!OW'?B'Y.M?'W[U@7(IGIOG'HMM$[T#?=.74W%%A-4**LL
MF'SO2/0M>OM<"XT\.1S><'U]!%GA+&#?P%K6_A@3C@,!@,!@,!@,!@,!@,#\
MQ_D&I2O>@O*C-8K;2672*-0G@KG:0Q=A:;0M*"-+4^R6_NFVQ]=PH:]F<5(6
M.#FWL:,DPU1HT7RTX-:WK6L"'?ZNKD/^#Z=?SB^F/Y8<!_5U<A_P?3K^<7TQ
M_+#@/ZNKD/\`@^G7\XOIC^6'`?U=7(?\'TZ_G%],?RPX#^KJY#_@^G7\XOIC
M^6'`?U=7(?\`!].OYQ?3'\L.`_JZN0_X/IU_.+Z8_EAP']75R'_!].OYQ?3'
M\L.`_JZN0_X/IU_.+Z8_EAP']75R'_!].OYQ?3'\L.`_JZN0_P"#Z=?SB^F/
MY8<!_5U<A_P?3K^<7TQ_+#@/ZNKD/^#Z=?SB^F/Y8<!_5U<A_P`'TZ_G%],?
MRPX#^KJY#_@^G7\XOIC^6'`?U=7(?\'TZ_G%],?RPX#^KJY#_@^G7\XOIC^6
M'`?U=7(?\'TZ_G%],?RPX#^KJY#_`(/IU_.+Z8_EAP']75R'_!].OYQ?3'\L
M.`_JZN0_X/IU_.+Z8_EAP']75R'_``?3K^<7TQ_+#@<A'XY^0#5:4L=>SD0#
M%)`!AWT7TQZ"`,T(1:WZ7#K?QUO`VZ>$=:X+O%YRN8YNCN\JD[9:38!P?7=R
M?G8U"S7C9K0UDJWAX5+G1>)$V(22`#/.,,^66'6Q;],#:M@,!@,!@,!@,!@,
M!@57OWN#D/EPTE#?O154UK(%@2Q-<(>)6@660_?.UZD@C59,HW.P9.<=_P"0
M6WMBD8M[UK6M[WKU"MV_(S,+#V83RWP'VS?)1H-&MDTF5>1_DFK%Y`@BV!:7
M(>KI15,Y5H!^FMA,;XNX[&'?J`(OAK8>_P"(_+]88BCFBL>!.7VE1ZZV">V1
M>/5LT1%BT#T,4L,'B'-40"J![M[]A3^K*]VO3WB#\=A[!Y4\A<J-$98?E)>H
MPF4AU]2T\V\?4'7!!&A!U\PE"[7>/IU\*T$7^*;\[1GI^]]F!]=>-I4Z&_/G
M7D$\E<Y-%O0CP`Z9;:H2FBWK\O0$O/M<U`!,6+>_@$O8?;KX:W@>JCQ)<>O(
M1?C51U/8XS/39QD^[M[6D&CQ:]?RSDXK\3HQBWO>_P#\+T_N>F!CYWA/\8ZO
MYFW'F;3SLXGY!PG^Y.@)`,TKW#'L!@WJU5XC-"$8+UWO>][]?3?PP.*G\'_B
MQ2"&-'R3&T1AA8BAFHK!N-&=LL?I[@:.2V*4:'7KK6_AO7IO6M_;K6!W2/PV
M>/9I]NXY4]E1`TL(`DJ(7U9UQ$3D_P`L)0"]D"CMZ-P0"`$D.M?#X>F!VHO%
MW5#:5\J!]*^0JLP!WH1947[SZ3>T90M?XFPM=E3J?-`]`_<"-.,._LWK>M[P
M/EOA+I",%>E5^53MAE&`.]%([7C')%Z-'K[M[T$\4HYN:98<5[?0._\`XP$W
MTU_OFM[]<#XBK?RXP$H/X6ZDXHZ&(!Z?\1N?F"SZ1?SPA]^_89-JAO.;L!)I
MGY.A&AB(@Z^.]%?N8`75'D&K4>]75XUE5@,R(OW.$OXOZ<K.W1&@"+7O5):Z
MOYJY9F0_R=^NDR03D?OT]->[?I@=DP^63BS3LVQ:Y9K->1)LZ':3)8CVA55A
M<OFJ%0O9H"9KF=JQ]BJZ3&&C'[2]M#^X`,W_`(@A:WK>PV(LCXRR5I;W^./#
M6_L3LE+6M3TR."1U:7-&=KW$JV]Q0G'HUB4W7Q"86,0!:^S>!VF`P&`P&!T,
MHE48@\=>9?-)&PQ")QQO4.TAE$H>&^/QUA:D8-FJW-Y>W90D;6MO2EZV(PX\
MT!8`_$6]:P-:W]8U([X.-:_'CS5-^M$&S1I/UAY<["Y[XW1&:&-.8M:;GF3"
M[2ZY$:,_T%LRO8K*D)P=;U]:5_C:#[@Y*[@O'7UG57>DBKEC6:*-/I;@.(HJ
M(CR/V"WZM[IT!/MV3T%(];+WZ#6,BR$",%^4%.5\`Z"3:Q\87!=4OVIFS\TP
M&9V-LTM2;;%W:>>A+>/6`]!"6BM2\W6PIX2H,,U[]_)<"P:%O\D.M>FM!>XD
MDE,24G3E%$)R"P$D$$E@*))*+#H!9110-!`666#6M!#K6M:UKTU@?7`8#`8#
M`8#`8#`8%-+I\>'#W0KEN06UR[3LBF6C?J"+';(DBA=KH%&M^NE+5;,%_#5D
MLZD(OCHQ*ZDC"+7KK?K\<""C.$^BJ=']=QUW]>400I3-&IJ<ZY(!VC3*@A.7
MZ)68A_G3Q&NFXVAWZ:+T8EL,XL@OTV%,/VZ#L.(;V_TGSCK1'>?(C^R0I$'0
M7#J7CE5(NE*,2$%ZV-0]SVL$T>:>EZE;22=Z&>9^&Y.SH@Z%LYV]@=CP-@-2
M7)4U^0-EM"DK)A-L5W(BMFLTTK^2M,JCJ[9>@_4)@.;.J5IBUZ(8O8H3#V%0
MF-ULLT`!ZV'025@,!@,!@,!@,!@?GEZ@_M<+?_[O'EK_`%C.L,#(L!@8G/9Q
M&*Q@LVLJ;..F>&UY$9).9:Z[+V;]W1N)LRQ^>U@20[T(\TAN0&"`7K>MC'Z!
MU]N!K79KL\FE@U`@ZGKVIN7T\$?XFGL^"<D2,5HJNA9I6R]`!^8F]=<#<[I*
M^B]NRJ,&%J4;4&/K&XA6>6D/4['L8@A:F=]H\_U&TUZ=<LF=ZMF5BP5#8*&H
M76(2Z7V['F(U,E&\G2N"5JPS)[9444<E(D#@X'%`;BUA)A83A;#O6!QYMW=Q
M[7=?5U:DNZ"@C=7UOL;U(JKDR03V^);";(X:U)WS442L+.YN+HYMBIZ3$FH`
MDZ7Z.&(OY.QE&A`%9*P\I_/JV=]&12ZK/@E?(:WOT,$K)R(8I]I*X5"\5]6D
MGA]D6B[_`'4[-%?))(_S52B(<'D;&@-$G^4$.C"3]Z"WUT]><V\\NS+'[>M9
MHC,BD#&HE3;'&UGE<WD.X<C.^G63=P8X`P2ET98.E/\`4`WE:4G;?=H6M';V
M$7H'7S[M3E&LFN`O4RO2%(VZV(>IGU5&LXGB7FV?$TBMF0G.E>I(<TOZN8F?
M52!($"5``]8,)HAA*V62>(L*]WEY/.=JO@7,]G0R7,5DP/HOH!DIX$G;$LW-
M3Q*/)#EI=G29<T-$1<GX$H@1I*=*./+$Z-R-4+-""4,!)H<"?P=M<H&6^JH,
MN\(D*WFY;)V][A?T\@`HC2J&QS\7R/4M=S&4$=B:9OC`3%NE#DL2ICR2#ODF
M&")-T`/-1=L<J7Q+/P-4UT1Z62I0S.4D9&K;3+([J91EF'H#O)JZ7RN/,399
M,=:]BUM0M83G%.4#>AB%HO>A;#%X1Y#>)[(F,*@D&Z)A4DD5C*TS7!_HD,L)
M8))(5B<2Q+#T$Q7QQ)#P3H]*#8PL1R\MW]/36T^A""'8<YFZMKZ)Q"^K!NZX
MJ8:X7571LPI=&[PXN:@,8U#:7'`1ZL9<V/3<<\2:]MK'<052*.)UJ17HXC2,
M(]A-]H<U/W1R2JK%SN`N[XX&$,LT25J[?4-$O23-OLIP(^K;:Y55<JCA-H`G
MCDBUM0F:?N?:U0E"(\LL1(1&:"5Z:O>H>A(NNF--SELG#&T/RZ*O^TB5V:'B
M+RIL*3GN$8EL8D;<S2>*R%&G6$FC1N"-,?\`*-`9H.P#"+81'1W0$KM#I/MJ
MF'IGCZ".\S3*C8Y#'-K+<`O3ZDM"GT=B/9\F&J6J$1BE`[*-DI?I2DX=)]:T
M/0Q_E8'A-T!*CN]'CE,3/']09NX]8NB"9`$#A^*QRUTNIWK4]F,-VMVT[CI;
M.W@/`'2;2GZD6][-V#T!@?'JKHV74^XTK4M-PM@L3HSI68O\0J6.S)Y7Q^OX
M^UPJ.&RZQ[1LAU9TBU\!"X!'0%C,2H"MKG%8I(3$B!L>QA#&*YFO<T(N>$UQ
MT1"*>MVL[+:I0:BO;FF-3V&HJ=E<:;@.R>.W#";"E,N.%%9@FV-,SOK>OT/[
MQ!HA0E#H>C-!>3`8'+0?^W(O_>TW_K@8%C_!]_9=<O\`_!W+_K!6O@;7L!@,
M!@,!@,!@,#6E-O(P@F4RD5.\(U$_=NVU%G0^.S62Q&0(8/RM3[^GWH"MLMWI
MUV0NT5T_M0M[^JCL012Z4)Q`V`]N3^ONT'2E<9=4]!"TM[<[0ER-@5A`>JYJ
MX;.?>:JF3)CO>4<S2JZB')=U)9B8XG6RSE":00Y`J]1>K67K>PX%KZ!XTY3Y
M:3GE\^<_U;5:Y:`07>31J)MH)S(QC]?FJ9;8*XI9.)>N.WO>S%#FX*SS-[WL
M0]X%F,!@,!@,!@,!@,!@,!@=-((['Y8S.$=E3$S2:/NR<:1U8I`V(GEF<TAF
MO0Q*X-CB0I1+$YFO\8!@!!W^[K`UT/WBIYM8W9QF'*[Q:G!5AKU(G`^0<>30
M5:P=U<=>IA)LNYW=F^4<TS5.)3Z#.TX1`U2;KUT$\O>]"T'0'6QY%N3`Z%>]
M5L/>]+-^M!5W-RC&OT?]/1QN*UOWNL\Y0?GYRB]G[+V8'YRBOY"6YFZ`+::,
M[^`<"[?/O2]%=40;](M!63'[%C1#@I9'K3:)6@D4/DJ$7L<HA/X:])FR7U]-
M&H?Y*MG>T*!R3;WKYA`?77J$Z8#`J1UKUU%>66"'-Y$3DEQ7O<CZKA7.W.5?
MF(/TB71.$J+[P7IT*AR-*:(A`H>VBTXRF5NHR66--6MGJ3!&C3)U`5HA'`DJ
MOM^8[I\FDJC_`$-/&]>FD4&Y;CH%X>*>?%Q(]*6PICKUU*(,Z!L9D$+>C)K.
M2%9FU'J8T-C*7Z%8&&Q/K7NWI5CGUO</T7S`IYL@$ZLRMJP*O:QK#C=C=-G4
ME+'NO)B^0$,$A[I$*9@SO.(HY-$96/'WV>X%HPKE"1$D/*UL++R[R%\_4]"J
M<>>CE4MHFR+;JPFUU%#ND)F%FVY74?0-S,HG2RP8U2K!8AT=C5<.KR!O=I"H
M^4P%*P[#I7O>]:P.':/D\X4IU:0WS6_V8Q2?4L4OW7X(B5B6DF(HF:A>#(]=
M:Y=6$0F"%NJ120P*C#I&>86SHRRPB4*"M&E;,#M[2\D'$M,25FBUAW]&6I<\
M12$3Q0ZM31+Y=#(C`[+7#;:[G5FV%#XZ_0.IH9.%I8@M+K)W)I0KP`&82:,H
M`QA#FOOD-XWC5U#Y^>KM:$=E)YW'*J<@ZC<X50-BM>8)4*V)U1);?1QA144:
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M8@#T$,\F7DSXB@L>9)2]78%>SO\`NWCD@H=7=KV$Y(6>@I\XU;<TMD;%`H+)
M'V)P*N;!:5#2Y2!T3(V0I65L(50M;UO812O\M?*L;OOHNK9U*TT.K#G;F_G;
MI-YZ'6))>Y5?((AT*]R9L:%#=(FN&*8J!C;$2=@4IG(MU4DO'W\8!*#?W4Y"
M(#*8WY*>='UXL>=*KEJY@YR@//$(NU9(Y<UW'7ULM1,CMRU:H4/,D@5AUI%D
MR>!R&05\!MC`DBA2]OCP%044@V08WG+`SU!Y'^,W"NI=9P;@,0LL$FT3K:51
MA\KFUHY;S98$_`F.@$+#0[_!FV[%\EGR96`YB2)H^<<\)PF&I-'%%&C`$]43
MT'4'2T'-L2E9B5,8PCDD@ACP(UGD$8?XQ,XFMVW2:'3&'2]I8)?#98PK/0*I
MM=4*1:3H8!B+T`P`A!"E^]3NM,=2<2T(3&&ASCG4SMT6BE4K7.*Y,Y0E'1])
M.=KHE;.W)4IZ=V$\JV_Z50$X9?RB=[&#W"]`X&/4_P"3KA2^9`PQRK^@X^]G
MRR!R:S88]NT;GL+@\Y@\(0HG.>/L$L6<12-P*;`@#>X%'/Y#4Y*U+(#W[6ED
M?*.^6&<<\=W<H]5R-SB-$VRFF$F;8@V6*2R.,2GL%<))6CTX&-#3:$#3V%%H
MJ.Q:P<70'TY,C8?O%E,.,+#I3O9Q7O"';H\><=63A\Z'X[G"GC3JYS']X/4[
MK]E3KZ@N]:3[A%M'4E"Z4MD-N!M6Z$(H3T7MKF;>$?O0/2?V^P89=RIV&]VE
M-)9S3T=7R6@^T*LCZ2332KDSR=((%9]>J5P6=!?W-TV6(VP^Q*9>W?T3*0G)
MT[Y%70S38\IB#]ICE87NP&`P&`P&`P&!^>7J#^UPM_\`[O'EK_6,ZPP,BP&!
M#W0U2D7Y0-WT:I<M,Q5Q5)8=9??&P#,"T'36*.D?2.AA9?J,PEN5KBSAA#K>
MQ`!O6OCO`UUP7MBWZRY\BE)OG&/5#MVG`*S9*M:X`QTT_.M*36P8G&TL29)V
MW=")30U0BIUY5H"714M5.:96C1#,)^1LX(?<&(VG*>I8UT9&2[567'3>G3ER
MHD+E;GC^Y6:[:F5\W24Z/KA9M-GVW+(7::ZHX-!'U2$V,H7(")&ITN-<#5Y?
MY0=!`G$%#7!'%_B5U85-67'5U+S+RDK;##.(RI.75F\SE\>SZ_<):])T(&),
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M?=[3-Z"85G-]N6GS_P";:`Q*)/$6G73E]60IJ1=)FM3$=V3&E5%4\".DH75Y
M(1!/C;^X$.S.!2(?TJ92J5`&(&]'>@9>^R]ZZVM3Q\LM8<^WU5`^7+,.M>Y'
MJUZ<DE3L-+Q=DHV85RKHV.OTF1M[5.W:=/DB2H`)XN8YMAC:WZ5&FA*T7Z!!
ML-HRTFSQ->.2LM5+-6ZPH'U;R;.IK!-0UT32R($L_4[S(YG+Y$P!0A<V73>P
M+1+7%<>67LM(;LPX>BQ;W@?(NJ+;@EB.G0#O3UGRB!TEYHNH;[E,)CD*<WR9
MR&H[)HYOK6'7O7L+T2%UL-K@$G<M+R?NDM2K-3Z4&I`&&$"UH)+Z`>&V_P!`
M[W$3R)U+6T*8^BZE?8CUG13"\5SV:D=HS5LMCBKI,RBWB`J;)F5=U\8]AB!"
M)Q1*U[@T.*E46A`G3:T,++>/1UO%X2]#KK3/ELR@IUG1P5+7K;%#M7.5[7HP
MZ@[<1*I%:U?(&6-KW,44>R"F=H?G)M0+G5$G%O9(2BR]:"OL7NM7RSW)Y$WB
M?\^==2Z-W5-^;9!7,MI;FBR+;B3ZVPOG]GB\D%J0Q=O,;2CVY]-VG$7H8M^\
ML>OAL&]8'#E-[*(%Y!H_U0X\Z]BOU2VAX\8K7S,;">7[,ETNCLW3]&R^5J(M
M8$1:F\;C"'PB/IM*1IEFPFA+/)WL/H:#>PD*[)1+[)E7'WD!INB>@)(AYJF5
MXP.T:,E=6O%<WZ\U!<\+:8Q*9E`JSF9K8Y2%UACZQMJ],C",!KNBTH`GW[R]
MZP)H@O6%H]`W=6<:H>BK5BE#,H)0]=%W!TE3DYIH7R"V0U-"JVIF-S,<>DTA
MG:Z4F@/='`2$YH;VX@8/<8<8'VA?O`8'+0?^W(O_`'M-_P"N!@6/\'W]EUR_
M_P`'<O\`K!6O@;7L!@,!@,!@,#YG'$IR35"@TL@@@L9QYYPPE$DDE!V,PTTP
M>P@+++`'>Q"WO6M:UZ[P--#8*>>6]T<G@N32RK?%JU.K@Q1U+#7EUA]F>10Y
MI6J&Q]D[E+V90WR6N^+C5J4U(U)6I0D>;)("8M.5)H^:G3N86B[4?%_%GC7Z
MFE/*$$C,&=>=N4KBDM*PR%15J;8M#G.%U\_N[`<S0]L1$M'W?'5:;2[:,!'R
MS_DB"(._?OU#4AT%17%/$]#T)TBR49U]/9"QL]3WK+O)SS;,H!++A&NU(H.N
M=Y1=D\MNYF21VA$;Y)>3BGED"SR&/FL3FI`G2)-E(_DAG,]\K75RFY>D'2FJ
M?DLUJ[F3J95S>"DHWQITU9;_`'6TP)YAD?N:;:Z[AR\NCZBE;>O?W(Z.LBUI
M<4^TK63]YJ21.9>T@9L'OSMP+C,;J5*.;BZ`KORSI/'6JJ5+75@CLV7US*>I
MHGS6W6P*U3;1$PQR>19PG*19II!&E3<XIV\_8STYBHLM*&9U]W7UZ^TRL\@S
M\9S?^IR)\ZE/5<\B9I?&.A&.J*"U=+;$9+'+8631[BMB77-I!4I0G"&_A9J2
MHT3H8`AP&H;3!+`BFPO(AW9S93U577=?ZL-AH>K>0NF[SK"'5K!Y]&S*$MZF
M^2Y;UM"H=(I"[6?)17M5;Q$H<M:79X(1Q)<6Z@3FDEA3K=%)@VM\I/O1\NYD
M:+`Z>DU2OMBV1%4UBH$%*PJ40J(P>+S&$LKZVP,9DMG$X=Y>[1=P5JR1OOO;
M`.)/RA:0)A!%H0:,_&YT/V=*.?/'-R1SY-J0@Q+KXE8SU'(K;NVO)]<DF_%C
M%9#573=&4C(R6M7*=<TR(+L`Q<M5*AJ419`]E`/,.!HD.]5=]]E>0'DB_'2F
MBJ"I)O@'BZKN^;I9YE&I_+W&Q[-Z=IJXWU9!ZQE+18,,-JB"0Q@@)QB*1*TL
MA7'.JXLL:71;>H^I"2**\@5S5UQ%V8I9V>"NAGC]\6''-YTZLD:*1+EDLE\O
MXDD]L.I-IJ2I.G&]MGXBA*0`=(!-RCZ8T[0SAF""8$,YGWD4ZDK[J6/QVRS*
MXH7GYWGG.$7@<DLKG&]9-3EXQ*V8W6@IV[F=HUM*I+7O/5QML_F#HR1N(S",
MI4BL]M1!4N(BW<I4E"MM$]+^0F,+TM+PBWZ/F%B]/^7KR04,UV+<U7V=(66I
M()1;;=T].-9HP@O0A>]HDAU:DI&!D"X(4+6WB`B$:9H&U6@Y@/(C;E5S>4<^
MU37L6AECW#Y!N^&"7VG7'.?174NT<8Y@BM)*II81/.\"GSI-'^Q;-F%I-*?U
M)=VN,,;<4<<,@1@"RU`29+?(_P!^[J*H).MIB04NA!+.E(;>-Y_J+=+7B2D<
MJCE45:Z/F&N1&2<PWHZJZ=OF(O:YW=7=67(CXJN:S&@83##B5X@W<\T6P3>W
M/=+7&5)*VF`[)K.'R]9)J==WQ^JQX=7AD2*7A7`'63M3%)U,5VZB."CTYHDC
MB64'1:HDL\)@-!HTZCZ;MOE3L/RNW%4*2+R>=1+GGP[QR$1>S%4D.KG3G<O4
MUZU`[J75''W)"XH"QM<R$:-0C%H[YJ<H8PG!+T4()%GO?':]*7=8?&$J<N=+
M'O:36CPW":+NYMJ^>P"LXHU]A[Z252Q99]6G6S+G>1JJD:N7GPUE)02=N_$B
MAS;TJ@Q&,)YPPVO<T.71.FRQH?TQ)J-FTW@=@&,L>FM()WR,D2R`N48C<BCK
MO8-6R%\ERZJ9_I0[*DRAM*>W=$K2)T[@G.+`K^F("%.E^%D5@S4[I?F29!Y@
M[:9VM.C:[KCC5I9$;<:6O>C4=7=4URE/0-EWU:NT#1`!JA%2*/>[2ED<4)P-
MZ-#`X/W=<-B\Z78**\TJEGD!YZD\-I^U./CYBE0M;#:]A/<=8X981%B*T97W
MIRM(F*1:FJ67)T1BDV(('`(4>WA`J;B@V?X&J?Q[L"?H*P[^\C\VT!ZE-PV#
M9-"<W?5Z^<55?'U!66_US'V.,$':'MI77E8\,=9Y(5!0M&./WBU)C=B*:4F@
M!M8P/SV/_%'454TY)>&T?'%!=U<GIKEL:V>;Y-->H9/SD[54BL>>S2R$4%O*
M/-5?R=[DJ:KY+83HD;GB-+%9CLQZ3`4-R966,P80TW>*;K7G99S;+(NMF?3+
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MK`ED,OZX[1NU+J/..G5,=$[WZDM:VH(>O6_1(1B>Q0N7(`K2Q`%M.H"(G0QZ
M+T+84*7>/?H%3?$IL+Z:"&QMX\V5:][)-'24>U@:'B7#4;H%>I$C$T#"&;DV
M.T#V2W>[TVDT%1H\._0&!TKUP[U?5_84][?K>"U_;CJR]K7+:T3I5PLHB$+I
M[25\\3\Q<\/4@9I:ZQQQC\.MN#6'1@CB$;@#Z-QCJA85]:G./*U@1Y5W%?>=
M*3RC.I0TO3,\LZ&]8^3*SIY0,2O#\-MB>`]\2F+RJ*O,0LR2P%*U.SG7BZ&I
MBWI*K;T)JTM8>H3>XTL"<T(PUXV^THA4%)`/J"./UY1=7VLI56GREVC8_+%T
M5/)>B.N[$OR*-;;8ZAB-A%R<TN#%+$IKQ'9+&ERU`](PJ2$"S1QQ(`S*^/'+
MWM8L;NZ%R`=/W%(.CN`O'93=DV_^+BH`TZZ)XTO*4SJSM;K$,(^D,A%L,UC+
MEC6J1B2%(34`TQJ`L*DOY83EY#/'#?O5%VWO9-=N,;;FQUH_Q^_HW3*K*E=<
MN4NM#CGLFW^CY+`'F5PIJ5RJMFB6Q>5H$K5)V[:A6TO8RE@2-_1>A@0F;XZ.
M@9=![YG\HY;:'J83R7<M%LU=7;Y$.G+1Z4<87SZ\V9(E$MAG6#?+2FF@[=AT
MAM!2JKTQDT:G*+^\"GE7HMT"4WA<[D!#VUR]"*U@EU1R5W(&].O)2T,R*;W)
MJWK:Y=YK44ZXOS(KMNZVNMVU'>DD;I]`%!9JI><08D021$AT\.AZ$KZH)NZL
MYJLZX.LN"KDAI<?'#.=EG69]CC=7@;>[%@N3G1[K&%_<+>%$I"["'*%Y>E?J
M83].G]3->_>O;@:VI3XGK^LGBKQI<KO3K!X8Z4!QQTOSA>\G:GP]R3Q.0W;P
MM,^<6A[A:<AL0FS)O0SV1E&J@^Y"(U"$8_\`&W[<"[M3KO(V@0&2"4<D\M1-
MUI;FW]&D)AR*YQND@O"X@ND0ULV*VT@KWV4CSF0SQ8TT"!Q97)[<5ZI*(Y*C
M"VZVL#:>2(P110C@!*.$6`1I81_,"69L.MC`$SV@^8$`O76A>FO7[?36!K@\
MGE2/+W01O3]3DE(.H.&0O_3%`R$GWD+';<+9#W*V*/=U*?VJ5D`Z*J]N<(L[
MHABVG^>J1+_;]4W)#"@^SSY<?''$ML2*P.MZ?KR1OD+@<\_",ODI39(VQBLB
M&,4^B9CFA^4;I.:Y1:2(U00^[?\`DS@[_=P)D=>]N-6.@X]U*[]&U>W\\2Q^
M%%XW;RE_`"%O,A`N>6T;.A=/E;T:N`OCRXK8/;K>A)3/_-P.HHGR)\.].SK5
M8\_=/5+;5@;9G"0ZB<-D8'-YVR-(TP')RTET4#>TJ(2PK1@O7X>_6!&#_P"7
MWQC19]>XS(NVZ$:'^-NSDQ/K2LF!9:QL>&=8<WN;<J*TGW[%*):G&4,.O7T&
M'>L"9[F[UXVYX8:TD]W=&U=64?N-B,D]7.\JD!;>BG,>*1,SB8\1\WY8_K4`
M4,A1&_,UZ:]JHO\`?P%.=Z\;=!QNS9?2G1M7V7&*88@R>U'N*R`"]!!(\-`]
M.@7>0G:*!I$AVWQU<=[]^NO8E,W_`.3@0U'/+UXR9=(&&*QKMFA'F1R=Y:X_
M'V=%+RS%KJ]O2TAN:FU(5M.'WJERY2646'?IZC'K6!)=Z>1?AKF6>&5A?W4%
M25/8)+2W/IL1F,C+;'HMG=]';;'`:790]A3K=)Q[+WZ_E:#O`TOS2]:>Z0\E
MMF6S1%B1BU*W>?'_`,WMC9,H>O"YL:QQ8^F.LD#NB)5A"#0E#>K#[#0^GY(L
M">L!@,#V]X]!]GO%[-_'8/=OV[W^_P"WU],!H0@ZWH(A!T+7H+6M[UH6OWM^
MGVZP/'NWO[=[WZ^FM_'?[GV?X,#SH8M:WK0A:T+6M;UK>]:WK6_76MZ]?3>M
M;P`1B!Z[`(0=[UZ;]N]A]=;^W6_3>O76\#QZ[]/3UWZ;^/I^Y_@P/.AB#O0@
MB$$0?AH6M[UO7[GPWK?KKX;P/&][W]N][]/AKU_P_P"[O`\[$(6@Z$(0M!UZ
M!UO>]Z#K]X.M_9K`\>[?KO?KOUW\-[]=^N_7X;]=_N^NL![M^NM^N_77V;]=
M^NO3[/3?[GI@>?>/W>_W"]_KZ^_W;]WK^_[O7U]<#QL6Q;V(6]B%OX[WO>][
MW_?WOX[P/.ACUKTT,6M?O:%O6O\`[MX#0QZ]?08M>N_7?H+?QW^_OX_'>!XV
M+>]^N][WO]_>][W\/L^/VX'D0QCWZC$(>_L]1"V+?I^]Z[WO`]<!@<M!_P"W
M(O\`WM-_ZX&!8_P??V77+_\`P=R_ZP5KX&U[`8#`8#`8#`UN>5MQ>5G(YU/L
MCRY1H[JN\N:^07F2M!YR5R8H+TO>L#JFT%:!:G]#T#BJK&0O"1(H`(`R%:DH
M81:$'6!L'C,:CT+C<>AT296V.16)L;3&HS'F9(2WL[#'F)`G:V5E:D"<($Z)
MM:VU*60026'0"RBPA#K6M:P.U5)4JY*I0KDR=8B6)SDJQ&J)+4)52506(E0F
M4IS@C*/3GE#V$8!:V$0=[UO6];P-9+=X>>#FU<SI0U[8RZK8Y)$4OC'-+ST)
M?KWR=&I(W.H'UN7,G,CK9"NET;>V/(`JDC5]SB9D1P0B3HRO8#VA)4]\:O(]
MDVG)+5E$,F`CY[-HC9MHUJSVW:D=HBWK+@.H_P#@VP;7HEBE[?5<_EC&*)-0
MMJ7%J.^N$V)=K0J=IRO:$B'<2<V'PV1P$R!*/PM+.H$79#ZWAE4L`-7T.W6X
MPWFCG(%H7K2U*459L:1.'W:48!LWHKY&T_R!"+V&`,?C9Y$8+9U;B:OW]>K2
MSR=VNP5H_638LBH&'VU:*&2MMD6G#*`>Y0OJ*+SV:HIF\A7+TC06/9CNN-+T
M6<L4F&AB$4\4/$\2:Y"P$0&;R*,NE-V3SS%8M/+KN.?QJFJ0M]C*C=CUG03+
M,)P\H:4C<G8$Y*$S\.@0*24*<E(2:4E*+)"%^H_$V&+Q%D@K(CVDC$>CC;$V
MEOVH4GB3,+2V$LZ!'M6H--5G;);TX`?,&,1@O3UV+8O7>!6ZDN'N:.=G"M7.
MHX`=&5M1\[D<JP$XR52QYTRT:FE".9$P\9;V]N!;B:&1("C_`+P4Z-<=Z#[-
MG^S>P[""7_Q(<-O\/A<`#7LZC4.A]().:5;%!;QNJ!I;&Y^;3GM6TU!<1L1G
MK.KMJ$LR^2.!Z-._&+AIA+U02QA*5*2S0Y=C>)_B6TB#FZ3P&<I8X\4=".<I
MY#HE=US0:&6U458,KBPUA&K@B\/G3(T68=7:!V4Z:5KL4I6D?.$$9I@-!!H,
MHD?C2Y*E5C+K&=HI._1_DM;SB=UL@N6VFNC[2GU0(XBAK.>VI2;?,DU:6!+H
MB17[#\I8Y-IXE0V5$-7I0-,4((91$O'_`,N0>W17=&H2_HIR"]I]TLVA/L>Q
M'**Q^ZK5@4JKBSIK&82YRA7$XZ?/X]-G,QU2HT9*)6X*MK1$_5`+-"'33'QQ
M\HS%*Y"%#Y=$90LOJ?\`3379=<6I9==VM#[JM1F(CEBRV$6/$94TRN*I)G'4
MX4+DTI5(&96E_(-2"T$/M#'E7B^Y&+C5:L,48;3K!XJD5F;C5G5/?]W5Q=+D
M&ZY*@F=S@G-PQ:>M]B6-^E:8M25V>QOK@X&J7),4I"(LXHL80E2H>/Z]HBSX
MW+*G6.D'K2#\SP_F:#44R.,AU7<>C\0FK[+DDH^ZG"1.#4JE8BW8*+;CI$4Z
MJ"OG"7+%OO("F!9G#G,]P2*WY78%?G/;[>[5SVRV@L!*I:VZD3=RU8SC:](D
M`3MCVD3-.XC.G4]8(2,!`U^A_*5[.)UH&@^5N<+<R7B_VA++&@*UTE=N,M(-
M$HE+7,IK&)&VJ.;97-)Q1DG@SW&I`TN5>3BMI;8#JN;WID,0N7S5'M,.,+"$
M&@XM8\)\]5&5&38>WV+I^8+B<;^>)J^7+;$BG5G6TZ0-762J5W3+GB8*WJX0
M%0=26@2MTA-<&I`4A1?2IB=HDFR0N)@:Q^@&,%9^2K@>Y8ILIO=>B66_>.;?
M3E:'H,QAT9J"=]65.YN90=_*.7UC+*@?4S:>+7O(3S!P+UOT/WK`V<8&K/Q<
M.B*L87>'"C]K359?&%Z6<S@9E6]%*Y+0%V6),[HYMM9J*]/:KCDE@4L&QG*"
MQ#`7(XR[I1;T8F%K`VF8#`8&O.)>0Z`SOOZ=\-Q2(NCDAK"A)G;,WOH;HG(@
M*:=P.=5M%)?33"FVA'N0/\(;;-;EDA7E*PIFA6>!N&`:P"L"0*Z\L>56==&5
MM-N@'3FRO8CSY#:)EE_J7F&]=02X;Q2Q1LC2F:PIMEG/\>@#*ZPA_L")(QJB
M$ZYX]Z0P0"1Z&+8M@#MZD\H$KL=N3PMSH9C:^B9):/-<(@->1.U5$Z@LBB_2
M-1MG1>IDKL,%?QY:V[IBARGUVE2;30<3\]E)`C4G%NZ`S8;69I,XG7,0E$_G
MLC9H?"(2P.\JE\KD3@G:F"-1I@0GNCV^O3FL,*2-S4U-R8P]0>:()910!"%O
M6M;P*5K/*?XXV]"_.:SM7G0E#&7E&R/BC=F1X84)R].K5I700"U0S#XH8D;U
M!NWLK0V8)2<T8E6@E#V$)9N'MCD7GY[A4<NOH^G:R>[#;4[[#V^73IB:CG>-
MJEA#<FENQ'*_E-T-/<5):<+RK$0UB/'HO1_O^&!U-A][<5U+8?Z)[-ZDHZ"V
M.6\LC`MA\GL2.-#RS.LG9V9_C">1D*UI8(R7)FF1(#6XYP$F(7[5E`(&8,>@
M["!+C\JG+$&HK?056V95]W0!@Z3Y]YZM![8;+9F1EJC5X6C"(&LG$T=U:-<6
MTL\/C<S#(PZ4EIT[HVD:&2I`29H\(6&8NY^.Y)2\KZ(9NE*>5TG!'@4<FMC#
MFK0CC\2DOS6X@B+R,Q<>F5,LH<#7E%I(VJ"BURW:Y-\@HSZ@GWAT3EY#>&F6
MGV:_GCJZC&FFY!(GJ&L]@.=@L*!C736.M3D]OL&+$K5%*P3EJ:F=2>>RC*"Z
M``3OU(]?36P[F-=V<;S&VVJB(OTM3SY;[Z0F-9("WS1I.?7A0KC94R)9VLKY
M^DZ^2_A`\+J-J*,$Y%MV_J1D!)UL>!73BSRK\Q]CPF!`;+!K"$="3:,3R2#Y
MN5V@S/4S:-0!\?VYY;1+]-[2%Q<F]H9BW1P2DI?K&M`I"<H("5KY@@S-E\F7
M(C%7M12"^>BN;:CGEG5-7MN*(6V7K&;`8FR*V&E7C:Y>R3A$B8R9)4YJ]G6$
MD2\:%`S'!3^\8R?<$.!L!3*4ZU.G6(U!"M(K(*4I528TL].I3GEA-(4)SRA"
M*.(.*%H0!AWL(@[UO6_3`^^`P*#>3*Y3:CXZM9HC24+[<E^-*CF/G*$%#!MQ
MG=^WRWKX%7K,D3B]1&MK(J<CGY[.UKV((ZSN"TW824Q@M!::C*O04C2=/4NU
M*Q+VRH:LKZKVY<,'RQK4$!B31%$:L9?KOV"4)VD(]Z]=^F]X$IX#`8#`8#`8
M'YY>H/[6^WO[GCQY:]/YQO6&_P#=W@9%@,!@,!@,!@,#S[1>WW^T7LT+0=B]
M-^WW;UO>@^[[/=O6OLP/?Y)WR_F_*,^5_P#F>P7R_P![_']/;]N!Z>T6@Z%L
M(M!WO>M"]-^W>]?;K6_LWO7K@/:+8=BT$6PZWK6Q>F_;K>_LUO?V:WOTP/&!
M]!E&E>GS"C"_=KU#[P"![M?OZ]VM>NL#T$$0-[",(@BU]H1:V'>O[^M^F]8'
MC`8#`8#`8#`Y:#_VY%_[VF_]<#`L?X/O[+KE_P#X.Y?]8*U\#:]@,!@,!@,!
M@5'[IY\D?3O+EEU7`GY#$[6!^%+'I&6N98S&R+WK34TCUMTP]NVB@#4?<*6R
M84V!<M%:V:-N&>`/KL7I@<WCCJJ,]=4TAL!"RKH'8D9=E]=7Y2TA-*U-J&O2
M)!(2V%5$R2A]HPK6!S,T:@6A#I*],RA&YHQ&(UA!@PSWI6R)]3O/US6I5E4/
MEZ617M;RV70BG8T<,A^LB3,;.J7M$1:QD)5ZL2MW6$A+"!.G4JC/7V$$G'"`
M6(---=>7FRI+5,S-;=\JW?=KO>W,_.5,Q^O'>]*5,8[1Z6D3Q&BT'4=(7K!2
MKSI*/UF6P*W?3D%.O#,$)!B9O*2+23BP!C70W6O3:BXJ4Y:N\F(P6Y:A\A?C
M9DSQ-^=)1.6BM+GH'I-]O%I;VU:P2)6*4L"I%)Z=>FU]87!:Z(%I!*-66:,!
MXB$X=2+KKL7IJ9^);HA6PUU5_)?2G<;DM@+%!)W8)-S;KO\`5OZN/KAHO=(+
M26!39JLUK8RI"K;48"B8VYI$2<7WB,(E9`3KYG.ZF.FJ[DG),,Z*@_.%V6US
MQ<UL/EJ2:?Q:`R*MJ:AD9?4)(JI.E#PS#?[SN:?D$16))F[9ZUN#MT>M!T8T
MD%*0L94G5)47\.\3Z]A<@CUUNM7^/@%O;<-3#\3M4RG]24$8^25BD,M;EKHL
M/<]S>,*FYX,$<8N3K0'@.]%`!AT&M[NGMOLQ@XUO2"WY&:QJF8=%^-'H7J*A
MIGS;.[$3RBHY13K75JB>5;,'MX`@6.DA;&BYVI8U2MD,:TZ@]"N($A)WI,<>
M$K=5^7.S>9KEED91E<O2>$59;%#UK(*A;I+:UA=+2F)6@^5C&7^RGZ0US'G>
MH.<7%D66&8>VQN;&?6NR-LT<:I1;<49>PS!?Y+.LT#Q9%IFT_P`_`YAJ#R6M
M?CYD[?\`BVP#;TEC=*;Z@="M5Q1HP+8"",`HR_V4WGJV)8%6-U3HE8BEB+8D
MX#`K=`?('W-1]#V5-;*+@4Z0.?DT[NIF0=!ND`Z-MZLN8*SJ.V;19X\DG\!J
M1O?;-,A;A(XXDB\65)=(6=C;1$G/*SY_P4!M?9^C;&NCQK2KI&!R&C2[5>.>
M+4E<=E-16(OMRC2YA%V65)43_$YLC:(^^N3,):RA5?2J42=S:E&Q(5A?U*8[
M6PH-R)V+Y`;>I_F.D:F9N=Y_>L-\=7*W4_0=MWQ);1(8YNOZ%:)<DIR",2:-
MIU4C_2#,&BKW)SE\I6F*&YM<#P?2MJT)VP$!/U_^0V52#PM3[R(T(Q*(!.I+
MS`&PH>V20"&1CJ:8R,22*NSH[B^06T29%4+ZO5+S#A%!1.)#5\P1>B3=@T&8
ML?CYJCG:54';D&ZPO^N;)9+&A[79]@6ST5/K/;NR"I4F4QQPK&SX9;4^<:X4
M26QG]S)5,:F/-C>Y,SH424T%@3[$D&'KXCY?+IEXYXQ)YC*I++9,;:/;20V1
M2A]=']^,2,/8?0S(Q)37AV5*W$:=D96U,C2`V9L*9*G**+T$LL`=!AWCNNJP
M8[X.>=^@W-4_VK9L5X._2J8?*WAWDDCGLMB];.\F2IWMZ<52IZ=E[\X-P"3#
MC#AGF;,_QO7`AJA.-HI,...:^W)AVA>=>]63:MZ#Z6L'LM^OZ;'P5<X3E%$K
M#EL&=::E$[;><$_/DA0OI\<01K[E2H6YK.3F)Q:7E!4C#?;K?K\=?'6_CK>O
MW<!@:8MWI7'0G:R;J![F;%%^+?'TO?>?(/<#VX!;X7</=/2LOB-"2?43>3!"
M;W6'T>@>BH#IV#L*)9,9HZ(@&[^YSQX&YW`HCUMR9+K.ED$Z7YIF[-3G9U*L
M[JPP*<2!O6N=;VQ6[RL)=9)SET4P-(R723TY+'1*6K2JD@M/41>P%NS2+YNE
M25<'$YN[XA=LS37/EX1!VY4[*:D!ZM]YKM%Q2"5RQ"W_`)"Z<<]V$24CB70]
M6'&!$,IU8!B6HB_0#L@;%7N3A"_.!T$L:G1]BTE8V.1+8@]O+`\M3/+&U(@<
M'"+NCBW*4C?(D"!T)4-BU:R*S@*2B5)9A!@RM!,"(&]ZV'Y^J-\6G8'.?6U2
M.;#TDVV_0-<\*]&TR:Y6'354QU-+YW:-F0*8A@]GAB;F"PI(?:,Q2JII*I<2
M$3HN7H%))A^C'0S>PR3F+D*SG#I_B6Q0^/FK_'NQ<ETK<\`O]?7+M3)D-Z$7
M61!V.%LU.U8UU0_/<HE]%,\I1BF9;C/$S0YI%:!&0!$-4H<#0!\K<XHLV/2N
M<V3SS0#G3-55Q=%;UA%*8YC<8C3%M3CFIP<HY+.OK>K1]C4KAB6,V)=<I88I
M'DNPO#.^:@%=_1HCT@G;2;86CF5&=:6IX9;<YUM(DV;]>65Q/=E6&-CW)HX<
MZO$YFE?S*/02.3";%J4\27RPIO<VU`]O`5'W>J="U"K1PBA_,V$2V%Q!;SM;
MMX2B/5=&/P_)?"&V<00924YPU'O5O$2:W7!35R5*-64>TQG:)_:!;4B"6S"_
M(U\S>R=Z"%`'SQV=I5TX298"`=+V<UW[X]^-N>7:%\Y]#<PUI'8U8M$T:_51
M.Z7Z+67DQR)P44N].,C5N:>00W[]$4-S=0C:3C1)33PEZ;>,&_P<S>2ZF6*J
MH[(76^4WC-B-3`<Y_&I1NPXCRS2W+L&GJ9]E\L"Q.:]#%GJOI"!.<_I&Y2Z;
MT-2!,$2SVB"1NSN(>GIS=G9]FUO1,;MA@L*YO#A95?PIXG4#B[;:C1QI<4FG
M%X,#N;(%VT\?TW1\Q(02-R3[`M^8`!)9X"Q`T$1=(<+=D=-V39':#)4-A44X
M&=3<56BQ\SQ^UZ/8>BYW"N6:JOBN)):'XQTMLSGF.76<Z7RC61E"Y.ZQ*<V0
M)"4J6H%2E*)`&<T[P+?KA==`7C*Z@MA&WA\D9?2=D@Z=O"EK4N'<#A/`EL\\
M0FVITQU4TM-51B;JIR],C:G:(TLD:X#>@0+UJL*@HTM.'?-_*7742[A3/].T
MQ9-75V\=RNE[6J5*+<H*[^"9M5$@7OCE,;NKVO;!2*NIZ$[)FB-T$6-)%DK>
MQ(Y&I5J!+%+4H-T,.PHS@?HF`\Q^(:O7&L6-FFO+/3MZ6=>Z%%)88+<4CECT
MUVE%PO:=T0.0DLF62247"Q`6%-YBA08)<,T\.PDG"`%,.681T?S;9,@YF*XJ
M*Z'NUF\&GCQYWL-C:[)IAK35M./OCL",&Q&=O,XEC2V.]*29V`H$^N,>&^*2
M?NHKV-J[YQ7RP_2CQ_3#]SER?S-S]*9*5,9-1]!U%4LAE9&U.TLA>J\@+#$W
M-W1;6@+6_0+EK2,PCYVM':)V'YGY?K@6+P*@=/\`;E*<M&L$3D)\@LF]I^2?
MJHN8Z?:M3F_;95E;$7L48@Z101MHBZ,X/_Q"2O9[7&6@O6S%S@G#K7J$*\Y<
MRW//KG;^V^YMQP-Z-+&]Q_G?G6'/&Y15/&,&EI!:>3D-<E,3(RK/Z*GS646D
MELV"F3I2D8-L[(40V_5'N8;*<!@,!@,!@,!@?GEZ@_M<+?\`^[QY:_UC.L,#
M(L!@,!@,!@,!KX_#7V[P-.T]ZGF,1K_RD]QMARAW1<P'RGEWG>$KU2XV%IG>
MH4T=*G<]>F$E02B<G.67K.0E*E`]?/"Q1M.F+,+`8;L82#KQU2<=<-$PC77/
M3Z#M7;*PR3]8I^NBPI!"W&Q3"T+J[-;WST%Z!3:JG7)6(Y#J/)F4G9+:,/RS
MOG`]X@SNGY/-E7DKZ^A<BDSDX,\<Y0XU=DT;(7NP(8U2Q[<K9)EKW&8RM6JD
MC&8_JD`-FB#K:@PDHH!QAFR];P.3:$IDR/R=<=0Y'(WU)$7_`)7ZZ>GV*IG=
MP(CCT\,4AJ$ID=G9C*4!;'%S9BUYX4IYQ0S4X3C-%B#H8O4/MW7/;'*=.4.;
M:OG3W5#UU[?:RM95:L5^F+FL)JR"5[)+0L8,`7K2%21CG4J:F`MK;W(11@T&
ME)IQ0?G!`((<R%<0JZ1MBL[$YRO*ZH[&VUU<$]]U?<EM6GT'#KDA2UK4%E+D
M9%ERB0JX+:#&_!3JDKRW&IDIA6SB5"<PL6@;#D<DRYZCUM]?\H2%W='TKGRR
MHE.:K=GQQ5N[SNBNDXXLL6(QA>ZKSE"]QU7$T0R)C1FG&#-"TI416Q;^5ZX%
MZL!@,!@,!@,#EH/_`&Y%_P"]IO\`UP,"Q_@^_LNN7_\`@[E_U@K7P-KV`P&`
MP&`P&`P->O2'&<O>;3UUKQW8+-0?7J5E;(_+5<A:5SU174<+CP3/N&M>GH2S
M*$;D[`9"S3"(_,6D9,KBH#A`3F+$&S6L\(A5]@TO?,?D7$WD'KR6\67#;\?=
M(`J@<]FRR/5[;>W,@28QRY2ZSB2F.Q>?+_<(M4WITRQBG3<=H`U#,E&7Z[#-
M]>*OGY[9K,#:=A=%WA8ME-M.-'Z>+.M@0[NKQ#SO-G>S:*_13,8,PP=)!'"L
M+*?EK^C7)D6UZYS4F#<CEP!;+V'<QSQA\^M;@DE<ME5V6W:V[]I#HR173:%A
M%/-E3*;<Y)7M#3+"_J61@CL41US!TLE<=)F!I:6Q!LYP5*!A$I4J#C0Z:%^*
MCG2!V95$]8)IT"&+4#;LJNV@Z&5VPJ44)3,XG+1.6>6[@\%TT%K-,+DGL9VV
ME;G%P<$K$%2(AH"WI1F)QA=RWJ5K>\H--*_L:,MKRSSN$R>OW=:)"W[?DD?E
MK.X,;J%E>%*12I:EH$CF:(@TO_>CMZ'K7KK`K]=W+11GCNN7C"A4+:@VX<=6
M3S?4B23+M)F[2UTIE[K>&CE3PF0&B]BA8I3C<ENDQA@]B-.V6(6]AV%8H!XA
MZ0.I)XKN\IU?MO/TWY-3<D.#C/+C72I13U0/S=&3K"KBCW73&U#9&J2R&+-Q
MJMX<BG.0.!30@+4+1D)220!E=A^)#G&R%=S(7*P>CF&M+YN%HZ'L.CX?;/X>
MJAQOIG=H9(";4+;D\=,E1CHKDD`:G-0T*7=3&#G%*%3MKT;K0]!-B[Q_<^N%
M?6#6:@F:_AFS>O&KMR3!+E9P7#=X,UPPN\D1S>M^DV)%$M3J!-XA-N@B`)'H
MPGW^@_701BM\75,DO$LDL$N/J:HY0_\`05F=*QQ^K:Y/N\RLK$NT+L==:&",
MDAC<EB9D%M=Y>U#H[,;XWO;>!UV!4C`D-)*V`+.TURK3U&\_CYJA[4\+ZV<4
MUAZE0Y4_N+_*IT\6Z_2.56I*YC)SS2W%UE%@2F7N;@X*0;)U]0L'HD!)82RP
M!3MH\2-'12)5?'*_O/KVM7RKZ7+YL)LV#7CIHLR;\Z-;Z\OL+IBP)$?%5R1[
MCE8;?U:6+.B=(CE$?1J#0(W4L1QPS`O(P<X4=&>>F_E%HK6-%\[MM5:I$BJ%
M28QRBY]6;C0H@?#W$EQ.5*75O71X8TZD:DTT]3\P8S3!F#$/84^K/Q94;`)E
M44CD=L=27I%N=GM))^=J?Z`O!ULRIZ4E+.V+&.*RF-,2QJ0ODLD\%8G`])'W
M"6N4D6,99NQHC"3]!-"'%I3Q;UQS[(VA?6/3G;;/`F:>S&P4U$J+_P#K:..7
MS^92&?R]C5P@V(Z-/B[W*I4O5&H_K->HCQ:T/TP.3RYXP*]Y&45JW5ETWVP\
M5C4[*=&8A0]A7YJ7TF3&!,:]@01Q?"SXBD,7LS*E7?,1DB5:^2>04+>Q:![=
MAC+3X?N86L,>A9DXZ1>N9(A-FN?Q3B:070YNW)C`^Q^2%3.,-A%?J&O\3N->
MQ27IB'%LB"]]5Q%$>F)"6V:))+*"%W.@NG^?^5H>5.>@K6B=8L2U5IM82GQ:
M8?))B]CV6$B-5_"VHEPF-A2Q8,X`2&EC0.#B>(6M%DBP*`NJ/KGR0D&,+DQ6
M7P9PN\`^7(`.Z@<0[EZ?CHQ>Q1'"FYM5&J^.ZED9'N`M../'93DBWLD!,;V8
M(T8;"/U:J`_0#^JM^AZOOU<?P!^BW]"WX:;?T>_H_P#H/NS\+_AWY/T7W=]+
M_<^9\W_*^[YOY>!-^`P(-O\`YHH;J:%!KWH"KHO9T83N!#RSE/J8\AZBL@2"
M")#*(-+6E0W2V!2YO$'U3.S*N0.2??\`O1X/7>!2<N@_()RZ+0^8NA&'KJID
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MMC7*[%<?>4T2*!H1M?'M<.%D0-&N_P![*`_]$/:F(\SQI/L_?M,$LF)9@-:W
MO18MZUK8=6*)>3GJ,(2YY,Z^\<=3+PZ"MB5++F7HSKIV;S=")4HUMQRR/)J#
MIU<>2+>][98Y-U*<7IM.Z%CUHS06GYMXTYZY3)D2RI84;^.YR:4KLVYIV_/E
MDWI:[F5H&].-F7#.%[Y/9<(!P=C(2J%OW>A]VP)$Z<OT!H+1X#`8#`8#`8#`
M8'YY>H/[7"W_`/N\>6O]8SK#`R+`8#`8#`8#`\ZWO6];U\-ZWZZ_OZP-6E24
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MJ2M:62)$!5?7*`%[5F&?+"(O8?:&;3SG#J7H&KXPHN6PZ$K7IND+K8+JYLLR
MAHY8SW7\:=V!D4,REIL:+62YIGN2,DS;7IT:WA*D4$EB;E!1A>_GE>@@^S+2
M/;%P6I3THZ@LVCX17-(3`%AME8\HF6ZD5W)82-J7M$=5VG+9ZL;%2&N6+;H<
MKU&$I"PEP5;!I8>866'6!RN2&H<_Z#[;ZR3:WN&6U.:WHVHUOLV`J45_RO'7
MN'/T[1#WK7U+))K=DLC(;3]>H%*-L">7O99H-[#8!@,!@,!@,!@<M!_[<B_]
M[3?^N!@6/\'W]EUR_P#\'<O^L%:^!M>P&`P&`P&`P&`P,"LVK*SNF%/=;6_7
MT,M&OI*G^D?X38$99Y=%G@C6_<`#@QOJ-<W*=E#]!%B$7L18]:$'>A:UO`UZ
M%^/:SZ&V!5P+U_9U!,*(.MHN=;Q2+.K^6`$$!$80SQV,3V2L]UU0U&';V$*>
M*SIM:TH!?Y)NWH.@;#[ZZJ[XI(.D_2_`:ZW&)&6$*RV^`K+8+91*/7W>BU=0
M%SFT[<+-KTUZF)&4Z9&E[]=`-.W[=B#*HMY8^`WQ[)B,POYKY_GIN]%#KWK"
M+3?E":%K/=L`T)#/T+'*Y^]U(#->WU;S%A0]_P"(,6!?J.2B-3!I2O\`$I$Q
M2EB7`T8B>HX[('MI6%BUH6C$KBV*%2-0#>MZWK8![UZ8'>X#`8#`8#`8#`8%
M7+I[>XZYSV:5>G45"U6X%ZW[&&9VG#6>4+!_N$-D44.^I*[*A_8$E*D.-%OX
M:#O>!63?DX:+(#]/R%R3V)UF>J`+37+6:G5_/=*J#M:#OYIMR]5JJ6CSBUA]
MVMB4,1#Z+8?B649ZZ]0X^X-Y4NA1:_']MT3P%7JWT&?%>=FDSI_HTU`?KY9S
M>JNVY8M%*7A#GHG>_4;?7\CV49O6R5GKK0M!.5!>/WF;GR7'6JSQ9]M"_EZ3
M:-ZZ4OZ6OMV7\Z$&:&%0D2V+/%3JNAK(H"/T$T1PME9`ZUK0$8-:UK`NI@,!
M@,!@,#U$$(PB`,(1@&'81@%K0@B"+7H((@[]=""+6_3>M_;@40M'QB<%VY)#
M9Q(>9X!&+'.,,/':M.:>Z!MH:HP6Q[5FVE1SO7L]4J`F;]VA&N!GQ^W6]?#`
MCC^K]N>!%F;YX\EG;%=@T/U2QJXW:JNN(802'X%)!FWY7,AMHQ.7K\G\B8%F
M[#Z>@];UZX'N.(>7Z#:+(8KOX"Z%1$^G^4L6B[SYSDJH.M?8J?8!;]YQP)HM
M_:,E@+#^[HO7V8'DV_?*1%=!)D_CMHRQOE[WHYRH[NU(+:D(?3U,2L=U<\5+
MHG8_CL(#''X?9L7[N!R`]Q=0LH=:F_B>[21#UZ;,,@%B\0V4D]/AH6R1(^K&
M)P-UK[=:$F`+>OW/7X8'$'Y)WQ)O87;QP>3=L%H0`B"#GVO)'H/N,$7L6C(7
M=\G),"#V^[>P"%^3O6]>OV8'P,\GJ`LP10N!O)]L81>S>R^.)&:7O?P_Q3BI
M&,@8?C_C:%L/]W`^^_)4XG"&!M\=?DW<QA%H(=:YMBK&$W>RA&^H#I9;D>("
M'6P^SU&(.O?O7[F_7`Y>N[^AGGU##/%-W@XF"U_D1S-_XJK=(+?P]-G&/_6Y
MZQ.#?K^ZGV+7_FX''!TCY,Y&8,F+^,R"0T`_@2OO#NNOV,!/J+6O>I;J7J6^
M#!ZUKX["6?O^YO`:;/,/,S1E+)9XY^?6Y1K6OG,<0Z-ZCD"``M_'9"AYE'+3
M&<I*!O[3$8R]BU_B[U@?'?#/4T^+&7??E%ZA>$1H_<;&^:X'1'*T=$'?^.0!
M[9H%8ER)B!!WO6MDS`LX/PWHS6]>N!D\1\47!4=D*.:RFB4=]V"BWHTFP^K)
MC/NK9F4LUOW?7H'?H646.%B6>[XAVW%HPE[UZ@"'`V#MS<WM"%(UM*!&UMJ`
M@M*A;FY*0B0HDQ(=`*3I$B8!2=.04'7H$``Z"'7V:P.9@,!@,!@,!@,!@,!@
M?GF[GB'1<,\C<JNR#<B="]"UG..,:-JY')J0352X$,\X@=U=!2M_97U+8-J5
MZM3#`Q3AN.*,(+4%C^=O7NUL.]8$0_I(Z?\`^S%[]_Z/\T?TF<!^DCI__LQ>
M_?\`H_S1_29P'Z2.G_\`LQ>_?^C_`#1_29P'Z2.G_P#LQ>_?^C_-'])G`?I(
MZ?\`^S%[]_Z/\T?TF<!^DCI__LQ>_?\`H_S1_29P'Z2.G_\`LQ>_?^C_`#1_
M29P(_M3IVV:/KN7VW;GCT[G@-:0%G/D$SF3ZP<Y::(ZR)A%@4.3AM%T@L5Z3
M$B-#H6P%#%KU^S`SW=B=-",`<+Q@=\"/+`846?N-<R;/+*-$6,THL[?3'S`%
M&C)`(0=;T$6P!WO6]ZUZ![_I(Z?_`.S%[]_Z/\T?TF<!^DCI_P#[,7OW_H_S
M1_29P'Z2.G_^S%[]_P"C_-'])G`?I(Z?_P"S%[]_Z/\`-'])G`PZP^B[FJ2!
M32TK-\=G=,*KJN8L_3><RYZ9.:B6F-1.,-BEY?WM>,'2QIOTS<V(S#1!+`,P
M?M]H`B%O0=A!'&G?\S[6H:.7?0W`77D_B2E>ZQ9W65DCY_=XJP2V/&E!=XPE
M5R"\82]"&@3*TQVMGM2+8RE`!A!L`@C$%J/TD=/_`/9B]^_]'^:/Z3.`_21T
M_P#]F+W[_P!'^:/Z3.`_21T__P!F+W[_`-'^:/Z3.`_21T__`-F+W[_T?YH_
MI,X#])'3_P#V8O?O_1_FC^DS@/TD=/\`_9B]^_\`1_FC^DS@/TD=/_\`9B]^
M_P#1_FC^DS@?=+9O3I*E.</QB]_>PH\DT7MCW,^Q>TLP(A>FOUFM>N_36!M0
M\1E56;2?CNYQK6XX,]5K9#"W6(KDL%D1S0>^QHR36_8,K;$#J8PN;RS[7?<K
MXF,,TG5'EAV/T]^]ZW@;(,!@,!@,!@,!@,!@,!@8[*H?$ITRJXW-XO'9C'5X
M-EKF"5,C9(65:#>MAV!6U.Z98A4@V$6]>@RQ:]-X%")%XDO'2^/)LD9N6X14
MTG-&(T<GYS=9GS%(MJ-_'ZD;SSQ)JQ7FJ-#_`"O<,8M[%\=^N!TFO&PNCANS
MJF\@?D@JW16M?0MJCHQHO=D2>S7H45M%U-75Z+#TP->FOE[5:]=:^W`;Y7\B
MC&;K<3\J+@^)2]:"4GNGBN@)H:((=:UK2E74R_G\PX6]:^(M:!O?V_;@<C=?
M>79EU[&[J;@*<`!KT"9*N,;WB"D_6M>GN.'&.T'A,48+?QWL!6PZ_>P.)M)Y
MED^C-!D/C(=A:)_R0]P[JB/:&HT,?^^%:G4GV42(OV_8,8M;]?MU@?$@'F?'
ML85*GQA)P_+%\LPA%U8LWH[X:![R3%Z#6R]?'>_0S6_AZ?N^N@YA4?\`,6OU
M[%5L^-6,!$$&MFH:`Z?F1Q0O:7\S985?2$+),]!^_P!ONUKX>GK^[@>3J'\I
ML@!ZO/D.YWA7O^`R:NX"4[.)UOU]=IW&S>K+`(V9K7IZ;,0C#Z_:'T^&!Z:X
M6Z;E!7R[4\K'9SP6/6M&H:DA7(M%H!?;[@%K(]SF^R\@H6M_:!WT;K_\SU]-
MX'S%XE.4I&4$%U2+JCID>MAV87T/V-TQ8#`HWK?J(*B`%6:S5F829_Y17W+H
MGT^&@:U\,"T5,<9\C\YB+.H7F.A:>6@`$`G:NJG@\3?5'MUZ:&N?V=D2O3@=
MO]TP\\PS?[N]X%E<!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,#5#YSO[(OOG_J!D'_`"BTX&UDC_>"?^"+_P#0U@?7
M`8#`8&L;RV\$V5Y+.0WSDB"]&ZYIC\]E4;<;1E)%>G6&X2^$QE0:]DP(A$5-
MH1]U(725I6U8L/\`GG;.(0?3;+V6>9@:??\`PJ/CYLCDGDK?0.ND?Q]4/9,7
M;YZ.AE%<F,GZ-+(ATGD$.!*F>:;FSL6Y_B",MVTSD5]U)!*/D(M^_P!$FM&!
M^KO`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8&J'S
MG?V1??/_`%`R#_E%IP-K)'^\$_\`!%_^AK`^N`P&`P/&_LW_`'M_[F!J,\#?
M]D9Q'_U;R+_29.<#;I@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,#5#YSO[(OOG_J!D'_`"BTX&UDC_>"?^"+_P#0U@?7`8#`8'C?
MV;_O;_W,#49X&_[(SB/_`*MY%_I,G.!MTP&`P&`P&`P&`P&`P&`P&`P&`P&`
MP&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`
MP&`P&`P&`P&`P&`P&`P&`P&`P&!JA\YW]D7WS_U`R#_E%IP-K)'^\$_\$7_Z
M&L#ZX#`8#`\;^S?][?\`N8&HSP-_V1G$?_5O(O\`29.<#;I@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,#5#YSO[(OOG_`*@9!_RB
MTX&UDC_>"?\`@B__`$-8'UP&`P&!XW]F_P"]O_<P-1G@;_LC.(_^K>1?Z3)S
M@;=,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@:H?
M.=_9%]\_]0,@_P"46G`VLD?[P3_P1?\`Z&L#ZX#`8#`\;^S?][?^Y@:C/`W_
M`&1G$?\`U;R+_29.<#;I@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,#5#YSO[(OOG_J!D'_*+3@;62/\`>"?^"+_]#6!]<!@,!@>-
M_9O^]O\`W,#49X&_[(SB/_JWD7^DR<X&W3`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8&J'SG?V1??/\`U`R#_E%IP-K)'^\$_P#!
M%_\`H:P/K@,!@,#QO[-_WM_[F!J,\#?]D9Q'_P!6\B_TF3G`VZ8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`P]YL.`1SW_`(AG,/8?E^NC/OF3,K7[/3UWOW_7+2/;Z:UO[<#`C^E^<$IF
MB570%))C=A"+11]K00DS81;WH(M`,?@BV$6];UK?I\?3`R-KN>GGPSY3+:]:
MO!OK[?EM<ZB[@9[OR?R?8D=3A>OY6OA_=U@2&G4IE9(%"100J(,UZ@/3FEG$
MCU^^`PL0@"U_>W@??`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8'YU?_$>=
M_<L\Y\*W[RM<,\>(E=/3M!2PNCV#]'\_=V6<*FU]:$+F@331EC3A#FQP:SS"
M=J2%JY.:04I(,$'0#B]B#;-Q+W=S+Y"*H<KIY/FSS8E8,LL70)1+'.`3V`I%
M<G9VQI<W1"U)I]'(VN=R6],])]&J$Q9J8!PQ%?,^868$(7$P&`P&!XW]F_[V
M_P#<P-1G@;_LC.(_^K>1?Z3)S@;=,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,"I%_]X<@\ONB.-7;?D$BL[=-%[9*
MK;%:R<7-(_G:U\G49IF`HI/:<D^;O>M!VA:#];WO7QP*]![BZBM<00<M>.&]
MGMH/&(I/9?7<LB?&L`$$S0OIG$B(OY-D=)*D6]>AFPG0!$,0?AZAWO6\#W_1
M=Y9+.!L<UZLY/Y=0#'L6F3G3G>5WG+B"A"W_`)+5I]`SMBBAYQ8=^FC-UZ`.
M]Z]=E^GPP/O_`%;[U*30*[G\@WD4M90:'?U[>T7XQ\Z1I3[]C^:40S\HU[1R
MQ,D,"/T^6)::+TUZ>_`\"\/?CS<#0J9E1[];"ST#\Y9>%[=#W@<K'K7H(Q6&
MV;7F*<X1GKO8M?+T'?KOX8&<LWBJ\9C#[=M_C^XXV,&MZT:X\Y5.]'[T+6]"
M]RAZBK@>/8O7X[V+>][P,QUXZ?'R$(0ZX3XVT$`0@`'7,-):"$`=>@0AUJ$>
M@0AUKTUK7PUK`ZAT\97CA>@C"Z<"<7J]CWZC,%S#2I9^]ZT$.A?4$PHL_0M:
M#K6M^[UUZ:P(T7^'?QEJCMJ6WCNJH2K]?<%;589)3ZXH7Q_+(6U8_P`/5D#U
MZ_`0!AWK`^!OBSJ%D#K50]&=^T-HL6AITU>]P]`RAD3""'02_E1&\Y=<4,$`
MOT^`#&X9?[FP[U\,#P+ESR%5^9\^H/)<IGZ!('U113L+EBI+-3JM!'[@I%DU
MYZ6<KRLO0P_D[4&Z6FZ^WVBP./N]_)Y480?I>X@J3I!B(V(Q;+>+.@TC-+]H
MR_78SPT?U"SUB@TIV#7NTF23YR,WO\D&Q[P,AA_E3X^<Y"U06W91-.0[.>#M
M)6^M^SJ[E/-;PYK1;T`I%&9982)!54^4J![]I6HY(7<)V_\`$V+UUZAL33*4
MRU,G6(U!"M(K(*4I528TL],I3'EA-(4)SRA#*.(.*'H0!AWL(@[UO6_3`^^`
MP&`P&`P&`P&`P&`P&`P&`P&`P&!HW_\`$!>+1=Y3^%7.N*X;F8SI.I92VV7S
MZY/"U*T)3WKYA3--(2Y/:H0"V]CFD04G:%[Q:)TYH4!QGJ$C`V)<(\AU_P`&
M\C41R;6A9)D=IN"-L?6O($P$I\NEZH1KO.YPO)#Z^QPF<Q<5SD:'UWHH2GY8
M?R`!UH+;8#`8#`\;^S?][>!J0\$!)R?Q(<2DJ"3DYP*WD'O)4%&$'`]UE3@0
M?>4:$!@/<'>MZ]=:]=;]<#;A@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,!@,!@,!@:ZK7\C,#;;`D%#<L5U-.W.DHVIVVRFNJ14M
M":NZF=1:]2R.A>A9`<15%-C!K0A&-AJMQE8@!]4[*H]=:V&"E\E]H=,;TY=J
M=8N=3PA8+1F^6^!W:0U3&](A;W[F>R>JG8A-T+8HS4Q@BE(HQJND)OQUM,8'
MX["X//W(/,'*S8K;.>J+KBJA.GJ)_?(U'$@9G+%`A_,,7S:>KPK9M-W0XS\H
MQ6[N"U28+XB,WOXX%CL!@,!@,!@,!@,!@,#&9C"H;8D<<X=8$2C$ZB+VG$D>
M8M,6%JDT<=TH]>@TSFQO21:V+TXM;^(#2AAW^]@:X5WC`B-6*U$DX)N^U^#I
M&(T]9^!:Y6EV/RD\K3S/>:&1<FV4I=:U9T9P=[`,<+,ACEZ;]0+`"U[L#K#>
MV.DN4?5%Y$:!(+K='Z`,[4Y%;I=9E$)$@=^FW>Z::4D.M[<\D`!L.U*P)<QB
MR/U$-0^$%Z^`;*(#8,#M:&QZQ*QF<6L.`RUM)>(M-84_-<GBTB:S_=HEP97Y
MF5+&QR2#$'>O>2:,.A!WK?QUO6!E^`P&`P&`P&`P*&>4N4R>#^-GO"8PJ1OL
M0E\7Y+OI]C,JC#LN89'''QKK:0JVQZ8GML/3.+2[-JLH!J=008`TDT.A`%H6
MM;P-'K-R/#5;,RJS[P[H&H5LS2K4#UY!>S0^]0I;TQYX_:&Z]!#[S3-[]-:U
MK7KZ:^&!V/ZH$(_AN[H_V@W9_P#+9@/U0(1_#=W1_M!NS_Y;,!^J!"/X;NZ/
M]H-V?_+9@/U0(1_#=W1_M!NS_P"6S`?J@0C^&[NC_:#=G_RV8#]4"$?PW=T?
M[0;L_P#ELP'ZH$(_AN[H_P!H-V?_`"V8#]4"$?PW=T?[0;L_^6S`?J@0C^&[
MNC_:#=G_`,MF`_5`A'\-W='^T&[/_ELP'ZH$(_AN[H_V@W9_\MF`_5`A'\-W
M='^T&[/_`);,!^J!"/X;NZ/]H-V?_+9@/U0(1_#=W1_M!NS_`.6S`^97'<#(
M+"41=/<9!(->@"2/(%V6227K[?:645=0"P!]=_9K6M8'T_5`A'\-W='^T&[/
M_ELP'ZH$(_AN[H_V@W9_\MF`_5`A'\-W='^T&[/_`);,!^J!"/X;NZ/]H-V?
M_+9@/U0(1_#=W1_M!NS_`.6S`?J@0C^&[NC_`&@W9_\`+9@/U0(1_#=W1_M!
MNS_Y;,!^J!"/X;NZ/]H-V?\`RV8':T'`5M&>1?Q\MD*N7J-X8K3DO4<>GT6M
M+JSH2Y8A)&N,<R3&5Q\M9%+2L25L`5#1(DI2L@\"<)P#2P[T+X:P/U'X#`8#
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`BRZKMJ?G2LI7<EW3MAKB
MM(4A"OD4KD*@92-*$X\I(@0(DJ<I0Y/3Z\N*@I(W-J(E0X.*TXI,E)./-++$
M&MI)#.J_)`$+U;AUF\1\/.(AB9*%CSJX0+L3I6.'Z_R;C?\`.F)84]\S5G($
MF]>V%1Q25,UB4T07EU;=B-:-!LIJVIJ@YWK=GK>H8'"*AJV%MQH6J+0YE:HI
M%F5$27LY:N,3(2DJ71Y_L$>L6'[$>H-V,X\P8Q"'L*41SRR<82EXBGW=)K43
M5E/I>T0"`=*/?/UW1_E6<S.1/`([&V2+]&/<#056Y$2B0&`0M+G]XA9G=686
M4B6*!FE:&&R;`8#`8$33B[ZVKFQ:5JF7/AS;.>@Y!,8O5+26TNRXN1/4"@3[
M9DH2GN*%&H;F4+?#8VL5!,6FD%G"*T46(1H@@V$#=&]]<_<O65"J>L,FY)+9
M]@0F2V1&H/2G/=VWY(C8+$7U@C,AE#DW4Y!)J>RL[<_2AO2".5Z)!LY66'6]
M[%K`ECG3IJENK8"KLBCI8HD\?:)4_0.3H7B,RN"S&#SZ+&$%26"3Z`SQDC<V
M@\Q8A*R1*&YT0)5(2CRC@A$2:48,)ZP,!K>T:_M^.K);6DI;9C&D$NGD#5/+
M3]0)"7+JPFC]74^8PFGD$?.51><1=P;%(@:$7I4D,"$0M:]<#/L!@1];-H0J
MD*LLFY[)=3&*NZC@4OLR>/9+>X.QK/#8)'W"42=T*:VE,L='(Q`RM9YNB$Q)
MIYVP>PL`A[UK8==*[AAD0J!PO%<&4N\#;X:FGF]0Z$2Z<2UPCJQ`G<DHV.!1
M)E>)H_.:A&J`("%&A.6"WOVZ+]VMZP)0"+0PA'KU]!!T+7KK8=^@M>NO4(M:
MWK?IO[-_'`]L#6#8_`+[5DQD=_>.2:,7,5S/[D9(;"I=V0+UO&O23D/?S5VK
M6J9CV5NN)^]"!H.I]"P-[\68+9CD0]DZVD$$S<J]IQ[H-[EU.V#!GWG?K6J4
M")?;O,T_<$"Z1M#.M4"0-]DUE*6\)+%<]&R)>6(MLEC+K:;9O_%5Y#>XA-0E
MA=C`8#`8#`8#`UW>7/\`LMO(;_\`1MT1_HNDN!0&/?\`-V._YO,7_)*/`[?`
M8#`8'N6`1I@"P:]1F#"`&OL]1#WH(=>N_A\=[P-9L:Z5[%Z;.G4VXWKSF=!1
M,*G<SKJ(3;I"5V87(>@)!73RJC,P=X2U5FW&H*]KT,J;E3:@=G4Q>I5F)AG[
M2%DZ]NPG*,=APAGY]A5W]1-:GD)UD3LXPUZKBW5)A;^AL-D<W-I7QZ'EH40W
M2Q6UWVT&KV96V(C!N#0,M3\H&O?H(96W]C<INE5%WBCZ#J[=0#EQ4`.L)5(R
MFZ/-LZ.'L`(:^&N)215'9+H6ORD:\I,<6'>A"#H(@[V%2T?E8YD_3R[11UN"
MIT//BSG.#W%7-Q`<)&<X3N7/UHV/7\KBC4RE-YZQ<V1%)7QRI4:2@T8CV`X:
M@820ZWH+GSCJ+G*MZWB=P3:[*[9*RG_W=JOYEJ0$.S78`W=()P;2(&4PA='&
M9*5:$`C@E-I"HP)01"$$.@[WH.K-Z]Y73UG%KF4]"5,EJ:;/B^+Q6Q%<O;DL
M5=Y.U-;V]NL9"YJ!EEH9$V-<;7G*$*K1"HCZ0P`RPF>@-A`-T^2OF:O>3+GZ
MMK.PH7=C)46R6(R-,$@5,JUQL1S$5I@@COIP93'B+.+NF&-64)6@#H](08(K
MW_#>!+"WNOCQH4UXUO?1U6-C]::.`*X$Q'O2H+Q*RK.4NC?!U#(T[0;<E""2
M.C$M3ISQ%`*T8GWHT1>Q`]P=XW=E<HNUMCHALZ#J]=;H)`MB(82GD18U:F9-
MH3!N,*0._P`G4;<IJWA*%\YG3K37(O8=A$1H6MZT'13#O#C"OI8J@LVZ;J*,
MR]NERZ!O+"ZR4)*R.2]M5I4"QEE8P)S$L3,+<%Q2<)[D8D2FGC]A9HQ!%H(9
MH5<J9MN"\(E+YE3#)`*BJVM[%7'BEK@CL*(HY.&7J)#)+82.Z=)#XS7QR*/E
MF,:XA888HT2LVHT7H!>Q!CT$[6Y'LR.SZ70?HJJWN-58R%2BQG<R1!8T\.BB
MCYFD4M>2Y&0SJBHFY"*$%(Z`+,0*Q^@"31C$$.PRRENFN?NC`2'='6U$;(/B
M0V\,H;60]<E?(^6[@.,9U;O'GM"TOR)M>2TY@D:L:;257H`OE&#]N_0)SP&`
MP&`P(H9?[2'Q<_Y_]@?ZH<YP/TGX#`8#`8#`8#`8#`8''5JTJ!,>M7*4Z-&E
M),4*E:LXM.F3$%!V,TX\\X0"B22P:WL0A;UK6M>N]X%!["\I_CWK=],B+EU3
M64QG)1HTYE>4JI=^@['+5`%L&TAU?44U6+,4ZK9@?;HLQ$`7K@84'R-RJ8#,
M(HSQW^0FVO?KU;WJ14[#.9HHM"+0]E'B7]7V;2DC)2&:#K>AA:#=^T6M^W>_
MA@>Q5\>4N7Z$"*^/>@JP+,V/1*Z^^YPC6D!]-?+&LCM%\[VXB$/[?4!3R+7K
M]@_3XX'J6D\R3T8+9S]XS:X(']A2>*]27.H(UOT^Q4=+Z)*4"#\?CL@O6_WM
M8'+W47EA=`B$N[AXUC`Q!%K1,7X$LET+*%O9?LV%1)NX%`S/;K0M;]2]>OKZ
M_#[,#X*.?/*0::(9/DGH=*7O0?0@OQV$F@!O0=:%O0SNN1F;]PM>OQWOT]<#
MDBI'RHHQ"&@\@'+;KZ:!L!$A\>TF++V()1FAA&8Q=JMIN@F&[#OUU\0ZU^[@
M<<^->8AG#_\`#[C\;T]T'?\`B/'//2U9G'AUZ_#:QKZ3LTE-L6OW=)3?3[?3
M?V8'KJR?+E$BOF/_`"?PU;Y8-?E:K#L.WZV=C?36_<(EHLCE-\:0C%Z:]H!O
M&@ZWOTV/T_*P/E^O7TW#"/FW3XL>P&,@/^_.]&3'F;I%F+UKTT,PMMBUU1NR
ME)0?MUHN-B.%K["_7X8'+1^7+A=O7)&:W+'FW+L@5CT5]S]=TA=/,!1!V]AU
MHD4IN>!Q&!JA;V+X"3.QX-_;H6]?'`OK`+,KBUX\GEM6V!"+*BBST^DDT`E;
M#,H\J]=>[7T[U'5[BVG^H?C^29OX8&;X#`8#`8&`6I:5>TA6TYN"V)8T06M*
MUB[S,YQ+WT_:=JC\;8$1K@Z.*H0`&'&_)3D[]A10##SS-A+*`,P00[#6YSO2
MT_[*LB'=W=C1!TC+#&UXI1PQQ_+DVBR*`CJQ.80R]!WC'1C.0O'7D[9E&U*=
M.HT<36C4J"VHO1W&Z+30VQ8%2N^*EL.^^'NOZ0J1>%MM"W>:+MK>OE1BX+65
M^,)G7,BC\?3'N8Q@"V)USFO+(,4[WK1`#-F>OY.!H:Z5\B"*5<KU)4_(4SB4
M3Z*AM?P.N'GQ27%PA.+FMR2VA&5D);FFM'>,*W6*$U=&ZS5,:C89(8WN,8V4
ME)<4Z[1!1)A@5IZ=?;\6]A=?AG%Q1FJNJF?KF(M7%NG#]<:4=#HJ0.25<"F?
MU7:3JEZ0TC:E12DP;MJ;EB1JDYJY6]@E!Q1*8CY(3\\U>\IXQTCUK]ZWP9T)
M6WGJAL`K&6CLBXA@B%`2/MWGZN9I`(K!0R#\'BIR35S-9`%S1Z;#F]64M-.,
M%O2=/L@(+H][O9S[!A"NP;DBD/[C'Y&I@UV-#DF^S9ETPOH=)T!*P;KYXJI.
M[E<[MO&SQRVF1;9Y,6AU$6E`-$[`4CD8#=##FPJ,Q"HO&GQS/K$:[9>YYV5T
M$[M?0UI=#=6=$U=0B%)7B_I=TK1IZME+61-Y5'*:1I"4C.P1EC21Y#(GTIE(
M=5HDP!:/#)O'JMGKU>O$K2['/;Y#*K\K/D3C5;C1-]S&P&(U$[>.E7*XJBKA
M5=JAUL1+3B^0S-<?&U#FIVF5D+0[0^Q*8G(`&RGK"N>BY_Y@^=R^=+H0\]/R
M/QN]-??=E2"BTUYQYP:1],\MBW"-L[G+H,UL[PY+-$KRE6EQBCY+>86$@0#!
MF%A4[LNB8SQZQ4G65JSMWNV2=B=/WKT-T3T+T':DGY;Y`?+;:J<B$4CK'>;'
MSW$')S5M6X7'FUNKB!A<4#:N<6$Y8O7JUA!03@KOPS6#OU'8W"-07P]W7(Z:
M@;MYD3"8BU3OIVM(<YLE7=8\W'<T-$CU*Y8W6\X0J&1&3[5PI!+W)0Z%-A:;
M1NS-$C!H.!R31M;R:?\`'G+!3=9S-"BO(SYGVOK2J&2;7A$$*\UL=;8E=&QN
MVC")`VJED5=:]_##LW)_JONQY*V0>;M2:H5_/#!)NLM5@;Z+JBTILT1OAVL>
MD_+55;4MZVGO4+=2:>4UCUJBCO*\`M6RJS?$DT6(8M0_W^&O=RIU$Q+-)#0@
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MY-HSW;7T?X&A++.K>.7-#F.GN4W6,LM1PYO=1U^HKEUD3H\&V>4-,-`3'S31
MO82D>TA@@_8!KU]->[T]?37KZ?9Z_N^GK\?3UP/.!3_KCD",=0,D5D#1)7.G
M>D*=7K93S?TM#4:0Z>TY,U*;1"HL2=3LM'-ZOF2<L*"61!SV-GDC4(1)P2U!
M:54F#'^+^JI'>B&P:BO.*-56]A\XNC1$^BZO9U:I9%U1CVE5*H-=M0N#EH+E
M(:&NQI;SG&/*S]?5H3R5K.N]')K6:P+P8#`8#`8#`UW>7/\`LMO(;_\`1MT1
M_HNDN!0&/?\`-V._YO,7_)*/`[?`8#`8'U(&$LXH8];$`!@!#"'?H(0-"UL6
M@[_<%L/V8&ESER\VCQY5>Y\A=$UAT,4ZU-8ELF4Y,JPH&T+DB5_U9.;(E5AP
M5QALBK>-R!L13PE+*1-KHT.YK><E6)_>(S98]B`'2W7<O5*Q+Q?9URU>AY86
M2*3=$/+Y>,5YR>NK+8Y-C[FA0H*;K\<11%34F#V5<T--$GDKZ%`N;T9Z;Z$)
M))FQ!P*@-E965-X9T"BDT)Z%L--._,AP19FW6\:6U#YM9-2;:J[1OUI22"QB
M&QR,MD06)&@\U<$#>G^ZT.@%.P"56CM8&P>P+&BG.WE6L*Z;,JVTS*]>>&:F
M@$=N:!4C/[/CT;E1=UVK(WZ`&CKR,2)Q;W6;MVDPO:20(HPT@DE4,K2DC9@5
M/YY@4YY2FO(72]WU!9$<HTAJ[[(98JR5R^SR1\>*^F>@&VUZ=.E\`@3=))5$
MT[S6*$]F6'MR%1]Q*5GTBKY(1"P/B=54NLZ[X;>""EYVUT5=GF<HNZ8+$9;6
MKRRK-0FO^4IE"9AT',(`YM8'2!1VQ;-:25Q*A\2H3CC"DZ@\`!G%;&&9]M5-
M9<I>_-OJ'US,7L5F<7<;AB@F2+.RD%C2B'&64IE*.,G)D6RIA*6-E3$@4D)1
M*%I8/DE"#ZB+#L+0T<A2VYWI>E]Q>,2))%Y[X]N;(Q5UFS*N9/$CD3P=/+A^
M_FI*7,6%J=FA\9W!$VJW!O$64L*`4G,&#0!%"$%%4B5]??''2?C:C]&V_'.S
MX5-*;C[PSJJBF[=$:YG-=WHRSB;=5BO(QA*J]3%'-F;%SVE>D;T>X.AKEI)H
MH1HS"]!.,CJF3JN2?/0B*K*0GRBW+^[$<88B%"7,<@LMJW4$)#7RZ+(Q-HG&
M6MWWWH_[G,1A4%?6?,^GW\WWX$3]`4/=%D+>SDL=K";2[Z_CKQ)/"F*[9G%*
M*XFRD9X\SNZJA85CD4F;Y!+E45;#TREI^;LXQ2<6E/"'9^@B"PW3EDTGV-'+
M:.B/%W0MSQ-@H!`US"[HG7DDHB\H:47<L!ES'2U,L]KPAC?Y]*H&NC^YLX-:
M`I2W)1QXM$$"I0L+)P,GX8FEL2WINR!JIY+NIJ<344QI2.MKIY15<TWFS3-+
M.S!L_.[M(W")055<K$WL:M:]*#BVLHMG7;T`P>S3MZ$&W;`8#`8#`BAE_M(?
M%S_G_P!@?ZH<YP/TGX#`8#`8#`8#`8%$[Q\B'/M/3M52L8U.NDNDDY)1QG-O
M,45,MJUV@I0/0$ZRP?H%B"#4PS&B%K>G":O4>0B!OW`-']F!$FD/E9Z,WLU<
M]47XY*[5Z"(IL842'K[JDQ/H6PB"MD#N",\T5LYG%;]VRT[;8A!0]:T%0/6M
M[V'8(/$UR[)%*9YZ<=[N[EDZ<_2O3AV%;\HM*&EJ-B$89]VT,V&13F]C3[-%
ML02T4/(T'7P]?M]0N:%NYZY-JF2/Z1GJ/G6EJ\8'"32E<TLT3J^O(C'&1(8K
M<'=S"UI&9B:V]O2%B$(8@A"'7PU\=^F!!-(^1CDCH*PV2J8!/Y0VS^7L+K*Z
M[CEJ4Y=%'*K7BS&22J>)%41]SU_`T=I-;6A4!4J=L1B\Q.CW]28`*?>C=A>#
M`8#`PEVL>!L4[AU8N\L9&^PK!9Y=(85#5*TL$@DS%`11X$U>&EN]=GJ6R,&2
MQK`M.UKY9`W!.$6]"-!K89M@,"O<MZMYX@[JM8I):D<2O+7=U5<WN[8CTXO2
MUDO"[DL9<*LKE\3LB%Q,97V7MLS:51'U6BB"DC@0><8448$>PL)@<5:A1.21
M0@<4B5>@6%#3JT2U.4J2*B#->TPE0F/`82>48'?H((@[UO7VZP*!V!XL.#)Y
M(#)LW\^QZG+*V(TXJU^9GB4<OVB6M,%LSZ]1.:`>Z[?7A2`W?N]'`U64+?P&
M`6O76!@@N9_()0^M*>:>VTE_Q=$$O2>F._X6@E2PXC6_<:D9>H:0:H+9;&;Z
M:]I:J1Q^=':UOU,]^];V(#?Y+$52."&,>0.A+!X:=EBTAL16Q)'%!;''C\O5
MJ-)D(&[J2#(RX[!?KQ^NRB;!:X.I%\`@+,%@;,6EV:GYK;GMB<V]Z97=$F<F
MEW:5J9Q:W1N6D@4(U[<X(S#DBU$K3F!&4:4,19@!:$'>];UO`[#`8&J"\V\/
M;/=4-Y26!"X<V<7M]=]/]/M8A:-:;.Z!D3DM<^2J,D*;>RRW"-5^3&EEF/R$
MSYQ)RXB)Z-`(@XT`PVOX#`8#`8#`8#`8#`>GK]OQ^S?^#XZ_P;P&`P&`P&`P
M(:J>AJ\I9^O"205(ZI7/H6X%5YV4)Q>%KHG6V"MK^OJS4+6A,J&(IE;AQ2L6
MDOZ4C6BOG%#-]/<8+`F7`8#`U9^1J,.E(J:]\E]8-BLZP./D;@FOIE921B67
M%PM)'%$MZ#@KFF3^PQY=:E2(R['BNC-C&G>(X<C)]I;NLT8&SMG=VN0M#6_L
M;@C=V1\;D+NSNK>>6J0.;6Y)BEK>X(51(A%*4:U(<`PHP.]A&`6MZWZ;P.QP
M&`P&`P-=WES_`++;R&__`$;=$?Z+I+@4!CW_`#=CO^;S%_R2CP.WP&`P&`P/
MJ`XXK0@EFFEA%_C!`8,&A?N?E:#O6MX'J6884+W%&#+%Z;U[BQ"`+TW]NO4.
M];]-X#YIO_YAGPT,.ORQ?XIF_4>OM^P>_M_?P/(#CBO3Y9II?IO>]>PP0/38
MM:T+>O;O7IL6M:]?W\#P`PPL6AEC&`>O7T&`6PBUZ_;Z"UO6_C@-F&;V,6S!
M[$9K>C-[$+U'K>];WH>_7U%K>]?NX'C0QZT'6ACUH`O<#6A;]`"WO6]B#\?R
M1;WK7QU^]@>1FF&>OS#!C]1;%OWC$+U%O6M;%OW;W^5O6M>N_P"Y@>?FF[+T
M5LTS96M^NB_>+Y>M_OZ!Z^W6_P#[,#Q\P?J`7O'[B]:T#?NWZ@T'?J'0-^OJ
M'6M_9Z8'C8Q;UH.Q"WK6Q"UK>][UH0O3W"UKU]-;%Z?'?[N![#.-,V$1AIA@
M@ZUH(AC$+8=:^.M!V+>]ZUK`&'&G;T(TTPW>M>FMF#$/>M?O:V+>]ZU@?/`8
M#`8#`BAE_M(?%S_G_P!@?ZH<YP/TGX#`8#`8#`8&!VC:-=TG7<RMJVYG'J\K
M2O6!?*)I-94XD-3!'&%L*V<L<'%:H$$``!UK00`#[C3C1!++"(P80[#6"UI>
MKO),45(79XM#ACA%V#L<=B3`8M@7;?4<<-]#$TBFDEV`+UR-4<C(V$21F:_E
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M)2SLKH"+="U7,+ZM*>;-YL891TFFE;-:M3225.L/@])U^U-,:'$Y#MN0:$]`
M0`1+C3UZDHX(OX_N.]G5-1TI7=,Q8?2TPHWIQY[1KEFZ/[&MOH9ZD#'SA:#K
M,6B_N=)-7R"G^-7ZG+U):0QQQ(.CR%$:D+8V0YQ3.(-F!.[AJ&5)R=XJX5.K
M!N.0R/L#G\OI.Y+"ZS\B-Z<\<WS2TDW/M(FO2:X[=2$3BT5,N^HEYBR%UO%E
M$?95IB1P7K"3SD!.]!!%!SF9/HO&E>KW,9;,^C&&CO./27-3Y,[(ND2*;7)5
M703$DX_J)2"R'UE>)HZNT/0F$MR.8)_ON2M#<08Z@4G-Y.TP=SR-:EINK-%7
M2(=F$,4XF?`_3THZV64Y;O:G;?2S5,T-(%#27);_`#Q/8`G@_-G1U,W@:!0T
M1Q(-@6O!IJZ.M:)404F"F#8UX8K23*KGM^HFF4,%N-Q-`U+9+C<W._8MV]8<
MJOSRNE$L90'2*/=$I76R>;^J)@B-^L?HT&0NR9<U(23CRR%281JD*+=#5=6Z
M_J?N^J")#/HS8MD>;WQ-R5\;6&SK);YX@IN>1'E\([-@X%$@4"A[<KL)1(6Y
M%)68M,>W#1_=Z=002W)$Z8.\Z@?;AYZF/37--763-XOQW!_)%R2P6&ON#H?H
MAEA]64;;O"9UEOT1E'2S0.P[RJJAK"Z?(8B'A<C7!2-Y[N-$:I0-S@J&6&W3
MP[R.7/U8]$I3[=AUOU''>B7%BH];7L_O.[8!"HVFKN`&RZ`UUT3?,8CTCO6O
MV:P3G)0WNB$YW;&HY8I92%QH&T)9(;@,!@<)R;6YX;US2[H$3JU.:10@<FQR
M2D+F]P0JRAD*T2Y$I+-3*TBH@P0#"S`B`,`MZWK>MX&K21<'6%R^XN=G^,.6
M,E0F&+%C]+>(I\K=3.+[<4JCA*G0N',J$MP=.3K!=?=OY#Y#"/N`:G0!.C`X
M:V(P`6BY0Z_A'4S1+VH$;D]17K4+H@B_0?-UE%H45I4M+G!&):W$.Y+<I6-$
MI@\K1%#61J5,YZMAD;=KYZ0_8P*"2`MM@:PO%"H36#0UK]2B&)2[]C=7='7D
M<L/]#%7X-9;$<:*IEL$IV'0S$C/2%.1PDD/K[`?E;#K6Q"]0V>X#`8#`8#`8
M#`8#`8#`P2`V=7UI(Y*OKJ7L<R10Z=3*L92I85I:XEBL&O7M3&YO$'(9?P3O
MD7?D9J183O\`**.+V'?V8'M75F0"W(S^,ZSEK+-HK]_R^*_?S`K"M;OQ%`98
M]069L_SPZUKZZ-S".+FY6#_\-4E,!O\`Q<#.<!@,!@,!@,#K7EG:I$SNL??6
M]([,CZVKF=Y:EY(%"%S:G-*:B<&]8G,ULL](L2'C+,`+6]"`+>M_;@:0O'CW
M]QUS]RG"N9.C^T.;*UM_D^77#RB_Q2V+VK6$3A.P\VW%.Z;KAR=6&52=M>BP
MOM8PYF6EG&DZTH`?H8=BUOUV&SR7=E<BP"M(1<\ZZBYZAM0V68$FNK2E%R5X
MPUY/#A)E2P)4.F3I(4L>DIFTB(XST1J#M^PH8OL#OT#Q379G(?1;V[QKG_J3
MGF[Y''V8<C?F&I;EKRPWEECY:M,@,?75LB<A=EK>SEKEA)(E)H`$Z--`'8O<
M+6MA$0O*7XS@'"('Y">)PG`,V4(H74=)Z,":$7L$6(.YKZZ'H6O3>OM]<"7K
MB[+Y$YX<V)DOSJ/GFE'F4,VI'&FFU[EKROG*01\2@Q(%]94,KD+4I=&<2HD9
M>E)`1D[,#L.A>NMZP$,[*Y%L>NYW;M?=1<]3BJJN+&;9=E1&Y*\D4#KXLM'I
MP&9-9:TR%6Q1<`4&_G;VM/(U\K\K[/C@:L_)_P"1SQ\V/XX^ZX#7W<G(LXG$
MOY-ON/Q2'Q+HNHY%)Y,_.5:2-,VLK`Q-$M5N;NZN"D82R$Z<HPTTP6@A#O>\
M##X]_P`W8[_F\Q?\DH\#M\!@,#VT$6P[%H(MAU]HM:W[=?W]_9K`]<!@>=:V
M+>M!UL6]_9K6M[WO^]K7QP/&`P'I^[^Y]GK@,!Z;^._3?IK[=_O>O[^`P&`P
M&`P&`P&`P&`P(H9?[2'Q<_Y_]@_ZH<YP/TGX#`8#`8#`8&I%SC)/D![DF#)-
M2]/''WCKF41:T\$.T`^,WIW<MC;%9`Y!-4HMF)I##.38-*6,;.VG`$E-G;X>
ML/#M0P(=A#;=@,!@,!@<-*WH$(U1B)"C2&+E`E:TQ*F)3C6*A_`:E4,H`!*%
M`M?:,?J+?[^!!_-?-U:\J5)&J8JPAWW%(JIF"EM729>2]24S4WG\JLEW3+GH
M"-$8J1D269+=I2O9H)!`@@UZ[UL6P[6P+MH6H4L\D5B6/7,)!#&Z#N=E+'=[
M9D;A'&B>/Y\,KIQEZ<!HG-O;97(B3FYI.5`"4K4$FED[%LLS00EI4VMZXDE.
MM0(EB=.<0H3D*DI"@D@]*+0DQY)1H!@*.3BUZEB#K0@;^S>L#II'((;$T[6L
MEKU&HVE<Y*QL#*JD+BV-)#A,).XDLD;96LYQ.3@5R60.JXM(B3E;$J5*#@E%
M!$,6@[#H*\GU8V+J9N=:2"-27\,3Z4UQ.UL=$0:-ML6`KQ,4LB[Z<26`>WZ-
M.!>TR@LS8A%#U[?7`R5Q6Q>$,+](712QQ.-,R-VE$F>5AB%E9FQ`A2FN+W('
MI<;M,C2IDJ-,,]4I.%H("P;&,7IK>\"/*/NZFNEZ[8[HH^7,]C5U)]JR8]-V
MI`X)T#T4S.*E(:<VFN[>WK%;<6O*,$G/`#:<\.]&DC&`81["7#$R8XM04<G(
M-*5EB*5%F%%F%J2AE[*$6H`(.PG%B*W[=Z%ZZV'X?9@8+#[&K:4R&P*_A$HC
MCM(Z9>F*(6-%F-00)97[X^Q!BG,?87Q`0$.FI4X0N2M[BG*WK7N1JRAZ^`M8
M$@X#`8#`UB^0^G)1%D+/Y!>=6@8>I^1(X[/R]G:-?3&],<R(#M2.Z>6IF$D.
MPOP']@1*7>$FJ`&C8)TC1*4^RR%+B6I"ZGZ?ZH_5[_6F_%*;]!WZ&_T^_C7Y
M9GT?Z*OP3^D/\4?)]/G?3_A+_C7L]/?[?AZ>N!1?PK-Q\;\:G.U?N'O`_5(J
MN6F)2F/,V8K1RJHKYL^O)`G6^[\L*K;E'1F"T+X[T/6_LWK>!M.P&`P&`P&!
MJV\H%GR>#H>/(09<4FYSI"]>MH_5/1U]0]_2PJ00JOSJHMB81*+H[)5D&ZJL
MNW;?B<=BQLA*,2*TP'3Z5*I3JEA!H0U#S/MRY.3%-UWC".@[5Z6XSX]ZZG'.
M4;DTAE.K0(LI#T)QI&)3$H5)+%3IS5%K+N?N\T[%#FY_4J%KBA23!<V+51YR
M$>]!`\QZE[XB'-75E)2?IBUTE]>*7GNT(ST)>3>X$H'"S+SZ3O.N7#DZ9N6U
M2$;:_%Q'FHAZ7E)]Z&G^I<TPCM#V'6L"SO<EN]*\*33L2GJ0Z1O681=?S3P)
M:KG+[TMY/*9'18;K[:L#GGHBWHG9DNA\L*J6-;J-I*5*5&VE='8>K($])VXI
M.F.(V$3.-U=/FF/-#1SKB11&!RKM+Q@UCI55O;BSL:\*D(Z,LBQXO<T:_60>
MJ>BI21EM2O6=I<&=C7+I`ZQ]>`]<$M,@7-Y.!)'1ES6!RMU=)B'#K"\K=J2@
M;.XWK%"Q5YV,6R].TZB?F>JV]7$;=XYN.#DQ7NU!T"\RLYR6S%O=E\F,0NJA
M&U%E.#+K8`Z^MFR>5&UV3T]`>A;SCKZO_P#$62^BU56ML_&FH9=5MS>15KI"
MSH<_53I(..21QD[3,G!Q"\+0FOC>ZB(VC4D$$!($"F;^>;CM_EVONH>^+=I&
ML9=!O,-('!0SWWJC#K.EU#>35WJVK&5PLI&J8W)"&I*@^JVB2HUJ0XY`U!+/
MV<C)5DFAO`\7-J6A=?!W/UE6_('.9S"0-4T3H[!>VE.R/-H5]';,FL8J&VG9
MM2(6Q$4Y6Q4S*R2,\PA,G3GF.FS2BBRQA!H+^X#`8#`8#`8&J/QBP"!3.F[[
MM%RA\3D*.VN^N_IU&W=WCS,ZJ5T8_6QM.)M"HI:K1''F(EA<6$<3ZBV'Y9FM
MA_)WK`V;+(5#7!K0L:^)1E<RM>P[;&=8PM2EK;MA`,L.T+><E&D2;"68(.OE
M@#Z!%O7V;P#)"H;&CSE4<B488%*DCZ90H9&%J:CU"?WA,^G..0I"##2/F!T+
MV"WL/KK6_3UP.FW5%6[%L6ZU@&Q;%L>Q;AT=]VQ;W[MBWO[N]?=L7Q]?M]<#
MN7J%0V2FISY%$HR_GI"=ITISTPM3J:F3[%[]D)S%R4\9).Q_'VAWH/K\?3`(
M87#FQM7LS;$XRWM#KH6G1J0L+6D;7+0B]%"TO0ITI:59H16O;OY@1>H?A]F!
MK@\LE;5TU>,+R".+9`(2WN"/COH8]&N111A2K$AX*NDNRSTRDE``X@\O?Q",
M&]"#OXZWK>!36/?\W8[_`)O,7_)*/`[?`8'T)^7LXK1V]Z)V:7\W>OMT7[M>
M_>O3X^OM]<#\UC[/&]J=+/+[C[![DXH[2.L.T$M76`XO]EQ#AN.MQ<J>0T8*
MO28S&W:@9?5I\7VU??!4F,"Z+31JPGFEF^T00W,P#HY0EN&.<VVR%A_&QO*$
M3Z*(NN+.)0:GME.U+T\6N1?"6PPG:IC;HB\J$CL`!BM2$QF=B#0[`$&]["L<
M,\DDWMQYIF(4KR%+IK-;_H>5](UV@D5NPV`1Q%4C%;3E6S!*9Y(W=B5&1M/.
M&@A`]-Y*9(XJ=Z=TR01?P.4EA6+J7KBX^EZKXF;Z=K*TX"VW;VG)>?+[AL:Z
M,9J5LQ%.J>1V@AE5`I;4C+:XJ6QC>WR'B=-RAL-)),2MY:4901JO0`7O1=KQ
MN-<O]=78"NI4<T<,S*XZB=XVZ34AYD5AF\\M<?(6O94M6-Z@TE1)@.(?4Y:6
MK4[-`,TX9@S,#TGG<+^7:+_4%#T:EN>85S7%=V3;XY+>=>4<Q1'5J,)DGA%<
M1=TFB1Q'/;1>HZ0);](62A;$A`R-J5Q0CPAT%8E??47=.@()TPPR&QUW,@?%
M%>_2[Y6"+0_O$R35U?T98'@"^'`<-L@K+BWT+BPC/$=LHC83=:/^G]3-A='F
MOJ"R[R=VLJ5\[EPJ$RZO@6+!;@K6\(%T/5"P@2IM)W`9I*X.@:"H59XD;H!6
M2@]B]$K))4?*5[$1L(@Q'I29S5E[A\8,(C\M?V**V78/5+9/8ZVN:M(QS%)'
MN=5SY'$\G;2#0)WI.POH0K$H#M"T2I#HP'H+XX$(MOE"DRRO$G0*_D.:L_+S
M?=ZFAIU;JBW8$ID$?D`+F/I`N8QVKR6X#W,*^1RPQ(!<KVJ;U9)IYI9*90!*
M,\P)]E7=\2@E<=LS29P-[9I-Q/8ZVMY#7)3\WN#U92Y^;8NY4<YPU<2WE@3I
M+W_&2!.U%FIS3$JH1I8_F[*WO88--._Y6VRBWV&M^;C+,0<SIFE'T8O47W6=
M>NK%/3(4VSV8593<:E272VY9C7K"Z%Z<!B,8D!ZP04J<X9XO;H/G)?(LD?YW
M$*_YEJAKOIYE?.4#ZE0@E-WP>@E<HK2S-NPH<R54S39M=W>RK%5E,A_UB`DI
M(B:SA%$*58#3?:$,4DW6%Z).\N<8FIKJ20#G66<26A?EFQVP91&8C)X68SR"
MOCI3,9_#MLSJ^D26C42LYH,8R'`8'(:X]40/6B?R@RJ)^0B2N+12MN3WEV8U
MIRKT5,X3":KO!QLF'O\`)T)UJ+]-E02JUZ=:D('6O859ZX]*6B5E.KH<@VO3
M;7$D:-]0AAKGY/79GC_3UI./)\^)Y]Y2L&WZ@GMN[LR!E&OUI5E.D<$:F.*0
MI:0C=C8U)5SPWFKWU6<F;HZ%4;]0,X*0X>PMOSU?%H6R[/K/8U!EULD21IEE
MT3LJOK?B705'3QL>5JI":PLUH1!K84B:>L(TX3EC68D$`2,T"DA0:5O6]A:?
M`8#`HQ8O-37</D?\>'UET=-5Z*<R7I1D4!J*]9;7*:+EQ'ER8O)+G!4[&('X
M3?)`-/\`3O"M,+1CDD$(DW\D6\#]$"'CMG0\_._/8>A>OU3>\2`$A';:[I"=
MJN@6\P#DV.6FEHN`P_\`$[='Q";-$"1EB^5M,<<7Z>AHL#$J8X-8:5L9BL=%
MU+W99*EA`Y@+AUS]8V19M<NGWHUK&H0GV%OZ@;4[#0@6;/2[-UOY"HLLT/Y0
M-8&-S_QT1VP)O+)RHZ_\B$3/EL@=)"=&(!V9:<1A#`8ZJS58VF)Q9M5:;X]'
MT(C?EI49&M%)RM!`'X:U@2E8_'C/9-65C52GH7KZ&I:O3EIDLZKCH^=PJTYO
MHMN+;OG6=/FH\+S.U`PE_.$-9O>]J-[,^W>!ZT%QTS\_.DK=&_H;L"V!RR/;
MCIJ&_>D)W;S6PE[4:4?>\4028\PF/R'UU[/K"?0WY?Y/KZ8$#D^+Z+DJ"5&N
MV_)P9LDXL[1)W=5P&IS/EF!,^4<4)7Z&$C]OH(._M#O>L"=N@^-V;H>4LDJ<
M.B.PZC-9(Z3'`,?/G24\IV+.91+@O<-/#VP1<\M$Z2(P2_9(UIFOG#3E%%[W
M[2PX%0_#K6S;3U>]IU=^,[0FDOA?D<ZR0S=PMR=.L]EXQ/<F:)E6[JM=WGT6
MF'2JD9/%W50>+7JO6+#E6_RCA:T&W[`8#`8&L/RR2^>Q+G"$@KJ^(O0SY)^A
M*EBRI1+K,EE"MEMLRY2\+5]$I>DH;$)N[<YOEF;;0)T$K^BT6%62!N^<2-Q`
M/0:NH%V[-:BYPJSLM[L[H\VD>+^V+DYY[BA]HVK!>BVHJHK2C;0VMK_%KTK=
M`2CZ*B7.EMRJ(Z99.L#N2$-Y[XVNPMK$I_H&'5\U]?6O(^A&GH/K_JZNIK&?
M%S7/<XZ\K"UEE=I:JOWH>V.U)VWL`#&I"6YJX_1L-C$?B*5B4F&,"\MCV->D
M6"T7L`45O.3'6M57?%PSRY9*CO?HWQ5>":V5+.9.DY#2ZNUB6NN'/;)A=0KC
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M$1;P2\PW30R>VK4`<ZGVDX[ZLU-Y?`%\G5!=)/*VU8&)MNRT?U)R8DIH2`*U
MK:<`PI!)>Q.Q9>T3ESEW2BFI7*C/']PS:-,S:9]OD<MMQCW9'*D5LR:]+36G
MS*2LS]<I+)KV5N3`Y-RO:U"+3(-J2MQ3BMVH/#>OXU7:0/O3OE+>9>!I*F3M
M=O'3M,4[#IR`RIY4Z^-GDEQD!302])4#V0TZ=E)VTH%J=.K"GV#1Q8#/<'0;
M@,!@,!@8Y,9#'8C$95*Y@M1ML2C$<?)#*'%Q$6!O01UE;%3D]K5XSMZ)"C2M
MB8T9NQ[]N@!WZ_#`T`_@B??_`/,C^&/HG'\1_P!63]__`''\HS[T_`GZ,?QE
M^%/I/=\[ZS]&/_P[Z?\`Q_=_D_3U_)P+M<PK@\[=V=?\E/?_`!".=`.@^_N;
MSC]G?3O".;`CL"ZQA#<<9H*<;I`KM;D,J5$%^IFDMC$#]-Z`,6@VCX#`8#`8
M#`Z.2QB-S-A=8K,(\QRN,/J,QO>XW)6E`^L+R@.]/G(75G=$ZIO<$9OIKW%'
M%C`+T^.L#IF^M:Y:8:VUTU0"%-E?,P4`&B"M\58D4-:@-;B4\-@&V,)D!;(A
M"W.Z<M41HH@.B5(`F@]!ZT+0<U;"(6Y!D8'&(1=>"8[0;EP5K`TJ@RG;6G(2
M-FY&$](9I\VW)$Q91'U7S?DEEA"#TT'6M!S%<7C3@L<7!?'6):X/#'J,.RY6
MTH%*QTC6C5AVH\XJ3DXSEK'HYP4#^D-$)/[CS-^SU&+U#$HK35002/((C"*I
MK:&Q1JD!<L:XQ%8-&(]'FV5$G@4DR9`RM#6C;4<@*4EA,"M+*"I",.A:'ZZU
MO`Y+S4U5R*;1^RY!6=?OMCQ).-)%;`>89''.;1E*8(T9B:/RM:VGOK,G,&>/
M>P)CRP[V,6]Z^.\#N_P9#OI1HOPG&OHC9(&9&)/N)K^E,EX74#\&5#3_`$OR
MAR0+X4%;I=O7U6E8='>_YFM"P*P37AJ@;#OZ'7Q,H='Y(&&4M9M+HJI?H?"7
MNJ5R*T[8K:Y'R9KXR[1U9K<V2S*M$YQ"LLP&MB7*C#`#.,T8$+@$DE)RBB""
MBR"""P$DDD@"64246'0"RBBP:"`LLL`=:"'6M:UK7IK`^F`P&`P&`P*@]W=%
MK^7>7K)LN+-X)#;#BF:ZSY^A.M`,5V%T3:[LCKZD(0C2[%HQ2!ZL20(/K1`T
M+Z5L*4JAZT408((9GR+S^V\J\PT/SJV+]/.JAK&*0UUD/L,`9*Y0WMA(IC,5
M(3=[,TMF,L.6NA_NWZ[.5BWO`L7@,!@,!@:[O+G_`&6WD-_^C;HC_1=)<"@,
M>_YNQW_-YB_Y)1X';X#`>@1:V$>A"`+0@#T`8BQ[`/6PB]AH/RRA^W?Y(M?$
M._CKXZP-4R6G?)K!:TDW,C'+^3.A:E=4<NBT5O?I5[M]9<33`I8>Z:2HK;KA
M!'I%$[CE41;G;:8A9IW;BG,"8GZH`/RO4*N=N<ZQ.)5'X].'Z6NLU/U)$R6K
MF:)!*,)-LR1\KW+6$EJ3IV=/3$B4C4QZ!MD08#G@I<,6T3>XLZ9,4,9V@:V&
MSECYF61+LVO;TB9D:9Z<KKBL[E=BAB<:XN2(%:&U8S+XX:C1@0:9]1EOB<?T
MEV+:H*C2GVZT5L'J/05FAO!]IQU)S^0KE,!-'4_D]O?MQ^VF6OX@KJTM,=OB
M8XTT_-8"MFSE#JP4GU9)WR4(/E&_+5&>T'O"/;<XE[)<*X[TYNJ!_P";2Z;[
M/L*WK;0678#O8Y%EP)RN)I9?Q96ZF#,4571MV1*WE@"0CD&G30F]`K,-$@4G
ME%$[#N+5\>LF*O2>W;":)XGZ9_3-6M0QR6Q?K=E<`*ZLLRI8*FKU).JYE2"N
M;#4O<$E+"B2"=X\82UJ#%:$!Q*H&S!Z"&81CA*ZX/+:^DT)M&GHC((5X_+4Y
MB*ED7IV-1Z,MUX6)<+/:I,T9*&:6!)77Z+$IB50F4H##`*U01^\TLPXTPW`Z
M[E[ARQ*TZ@8.A7>JN6^7$+%5\TA%@0KD20SQ7&^EIA+36,:"<3N(/<.@4.@[
M3"3VQ4M:TJ5(X.FUB_83EFR2@^H6VN6A978O4O#%Y,[K'T<7Y@F5ZR.<-CD<
MX%OSVCM&GU->L9,5*3(%*!0I0NYVCE>E9Z4(4VM[+V,?Y&!48_@6US?'-)N/
M0RNO@V(]7X]6LFD(ELAW#"F%R[*UT64@/5:C_P!\Z=@P_6T@@A1B)TY;]FC-
MD_Y;`DOH#AI[N'MBI.@VF6LS/3&U%?2+IFLE@%OWG;$SYM>)=*^7'-$4G0G-
MIR>-2>:&;=_JE!.QI&M&``3?3T`$!VMXZYH3<?3$YK.BN#+S0]/3`^S$$VZP
MAJUTL;G>R'V--D=E:IJ((KR<IK;KP]Q:@/C<R&+6(:5Q-.),,&0:(>PR^^>'
M;/F#-`X!^B/B7JZIHK1L1K1ABE[P[="/5.64P(U:*0VC4TDI:NI$N:H?.!*2
ME)\60#:--!R,L*!0`(A[P/#5P5<\8>>/TJ^>16[8Y7O&%L\0=*R*=R&4QR;O
M,-M]QC#F\6-6YI;-)]/[RP$,IC<A;GA4EV-*`@9JG8_?L(>C-Q_UU*JKYSY&
MN*2T#^KKSK-*1>W2VH0Y3M5;]XPKFY[:GVIX6MK-YC*.)UDZN:J,M09&Y%OS
MP68%(/Z,D&SM^T)D@O+5Z0'GKK.NHI8%8,=H7?T_T9>\`?W^([LBN4\:N"QD
MDP;X39<0D;206YHWZ.E*&=[`G*/^D`L$<D,-,+!ZA`](<CVSS5-^@NGXE4?,
MO-B@SF>4Q>/\R\Y2*W)Q3EFVXT+AS1GMFPF0F%0TUJ6)/NDME;FV,,1CL8A7
M'Z&H-.^6#8;4*V=I:_UQ7C_/F%/%9X^P2'O<WBZ39VTL9F#M'6YPDT>3_4G*
M%.B&1Z4'I@Z,,,,UHKT$(0O7>PS3`8$4,O\`:0^+G_/_`+`_U0YS@?I/P&`P
M&`P&`P-3?3**6<.])/'D#A$=>Y?SG:\7B<&\@T"B;6N?I5#$=>DJV^K.T8=&
M6PA4ZR457QQ>;'[!;D!9K@KAA2!R3E'#CVTZ@-G\,F<1L6)1N>P"3L$UA$Q9
M6Z21.719V0OT;DD?=TI:UK>F-Y;#U+>YMC@D."82>28,LP`M;UO>L#)<!@,#
MH)3%(M.8\ZQ*;1I@F$4?DHD+Y&92SMT@CSRB$,!@D;JRNR96VN*40RPBV6<6
M,&]AUOT^&!53H;BR!W]5T!H`N0.52\Z1^51]VL*CZJBU>L,,N"%QE\;Y4@J:
M1?4Q-<OBE?N4E:4YCH3'3&I4Y(A*$9AVB5!F!;`V-QX]>YNA["RG.;TTD,#P
MXFM:$Q>[,24:XU*RN:L9&U"]I3&.BD1:8T0R0"4&[T'6S!^H8RLJ:JW%0W*G
M"M*_7*F>,DPMI4K(;'%2AKAR=:@<D\3;CCVT9B*,D.+4E/`@*V%*$Y,4/0-"
M+!O0?/W5/*I7/(IZUY(YNDB\<:K.CG_\-N\I30N2ZD9D2;9VT?\`&'8J+O\`
MHIW$W$N!>DBKVK-DA%Z'8'";*/I9EK]34S/4%7--5K-FB65FV0")H*_5B/4E
MK3Q*88E:2HX?LY82`T>Q)M^XT&A;_*UK>!XE]84G(HV9!I]7E6/D1E4D^\#8
M?+XE$G.-R27J!'.?UQD?>F\]L>)(<-*8H^;LDQ4+98C/7?MWO09Z-B8S6,<9
M,9FHR-F-0F(R/C;D@V,;&-)MO$S#:1$[0":A(-_(VGV7\G9/Y'M]OPP,2D-1
MU3+E<1<)76->R=?7XC!P-;(87&WI7"1FI2T1HHBI<FU2=&Q&(R@DBVC$3O90
M=!W^3K6L#COM,T_*5L*<Y-5%:R-RK41`ZY<'V"Q=W6P`:4!!:4<*5N#6H/BH
MDQ:8L)>T(B-@T6'6O30=>@9NB969M6N[DW-+8@<7]4G7/R]$@2I5KVM2(4S6
ME6.ZH@HL]R5)FQ$2G+,.$,8""@%ZWH`0ZT'9X#`8#`T_]5S53Y`[+D7CEHQ>
MI74RPO#<A\DMY,:@X,=B-?%#3NKAQ;"W]&,!#O>E[HM%M\M)3&B_!<'5K!K/
ME.3DUE;#;=]RL_W/^'ONIN^X/NW[E^Y/HDWW1]S_`$OT/W5]V_*^C^[OHO\`
M(_(]GROE?D^WV_#`IAW/S5-+SA$(L6B7AGB'6_,DQ%<7,4Q?OG%1U5+26E8Q
MR^H+#4(@[<1U#?<'7K(Q(P$^XQ(4L(<R`#6-J3VA('(_54*ZYJ@,_CK0\P:9
MQE]<J]NVEYC\@BQJ&N:,:(*FU46"WD;]I+TPJCP&I5A6MH7EJ4)7-"8<A6)S
MAA:'`AJ==&\]5=+&&!69>]-5U.I3]-^&(7.K0A$1EDC^L4;2)/N&.2!\;WAW
M^J5!V67].29[S->T/KOX8$RX#`8#`8&.+9C$6UR<F9QE,<;W=FC>YB[M2U[;
M$KBU1'1ZQ+N4N2(]46I0QS2IO4%_7&A`F^808'W^H!:T&,,=ST])H,LLZ-VO
M6L@K5O&J`OL-CG47=H,A&B,+)6@62Q`Z*&!,-(<:`!NAJ`[+$+6A>F]ZP.KU
MT'0FX3(;*U=]0[KF)'D)97/]65#/P3&5*D:0M,GD,J^^ON)E/4&+R`@`I/*$
M,1Q>M:WL8?4,W)F\,4*XJ@(ET8/73IK6OD)1DOS4:JF+(W)6]<X/$63@5B-D
M#4@1.R4XY0DT<244J*$(6@F`V(,GP,&L"T*TJ9G1R&T[$@U:,#B]-L;;WRP)
M:P0UG72)Y,$2SL"-SD;@VHE3TZG`$%,E`,1YXM;T`(MZP.5.+!@58Q\^6V5-
MXA7L52GI4JJ33B2LT3CZ94M-T0B3'O+^M;VTD]6>+0"@",T(P>_0.M[P,G2*
MTJ]*F7(5*=:B6IR5:-8D.+4)5:506$Y.I3*"1#*/3GE#T(`P[V$0=ZWK>];P
M."G?F)4ZNS$E>FE2]L*9M6/C.G<49SJS)'@*P30J=F\LX2MN3.H6Y1M,,X``
MGZ(,]FQ>P7H&"L5WTM*(8HL:,V]5\CKU(]`C:J=L,_BCQ#4TB,=D3`6P*).W
MNRAD)>S'UR3H@I1'Z/VK4%DZ#\P80[#."9"P*'U?%B'MH/DS4UMCXYQTIR1F
M/K<RO2ET1,SPN:`';<$C6[+&1:2F4&%A)/-1G@`(0BC-!#N,#B.#@@:4"UU=
M5J1L;&Q(I<'%Q<%)*-`WH$9(U*Q:M6*1EITB1(G+$8888(("P!V(6]:UO>!J
M3H0Y;Y%NDXQVLY)E97%_-ZN2MW"+(Z)CDX+]M-[;'"'S_N!8V*0E[_`C=&5Z
M^+52(X&QK6QP>)$'6B7)H&6&W?`8#`8#`8&N[RY_V6WD-_\`HVZ(_P!%TEP*
M`Q[_`)NQW_-YB_Y)1X';X#`8#`X6VULVX@>!-C:)Y*1&-I3R)O1B>"FTTW1Y
MK<4Z;)VO*;S3]>\1`3-%"'^5L/K\<#FX#`@O5_Q+?30N5ONJ0_CP-#!Z%V^_
M);_PG^$!6$*M]-.E'UWWK^(OOH/SO9]-]/\`3?'YOO\`R,"=0Z]V]!U]N]ZU
MKU_N[],#6D@\C;I*'VU$%7<*]G7)&:@MFQ*9D\_K9FI=QCRV85<[B:)<3'VU
MZM]BE+H!,;[1DEZ0A./"8`(0['OVZ"Z=%W=7?1U2PJ[*I=%;M!)XW*5S0<Y-
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M]T36=U4%5Q-V2?GBQXU$VRS)75!IZT@4TK)8P2^2PN<("C&M43LI.Y`/^N)"
MEV#1IH/4+IQ&61J>Q.+SN&/**1PZ;1QDET3D#</YB!\C<D;4SPR.R0>]:%LA
M>VK"S`ZWK0@^[T%K6];U@9#@,!@-;WK>MZWO6];]=;U\-ZWK[-ZW^_@,!@,"
M*&7^TA\7/^?_`&!_JASG`_2?@,!@,!@,!@-Z]?AOXZW\-ZW^[@:K'_C6ZN4)
M3([6\;#Y$&F*R=\<I?:'!%JN"]DYPGC\YJ37%_DU"2UH;7IWY1LZ1*SCCE($
M#>YPAX7&_.6LZ=2,URT$J4OY&Z,L.;-U(VZWR[D;I]7K9(>=.F$+?!)7)59`
MBR5*BG)J2XN-5]`Q\2G8ODKH8]O._E!]R@E*/W%!"_\`@,!@,!@:1>EIU;DU
M\@M]T<G[QE?)554[XZ:UZ7CS%#D%+)UH[%<K9Z&CDAMN4O-H0.6JW>LH&QP=
MJ+>V8)B=`J$H3;4&DA]='AK$K;LBS7=_M^[I!,I_3'0W9W.W@6C@VBBJO@<P
MMF6V9=L+ZJELEJZHFVY)`SU;6,AG#*VNOW?(9:<K;HNC$,X:=2K+)+$&<PGK
MWMIX?W'F`705NULXM'E[Y[Y--FD\5\M7)T-$J3MGB>6W;8-92>;5I$'JBGB:
M-,V:31-K@2A7.+`,929::M,1&EF!SI.ZV[,NF^6JCM'J2VY0CY)\[4NH>O[%
M>-U(SS:40%[\7[OT*PM5EN*6MDL?D<H9'2<.\82KTR%O4+(^ZG@,`-Q^F6IP
MGCB'J/IK?6%)L_2EYV1-X_U/(>E&*J9?6KKS+=G"'0AE?I91.(\FI5QKY)$>
MCN89+5<#B*HI>WRQ"]I'%0G5(US@-Q^F/&'Z-L!@,!@,"M'1O8?-G)S6U+KX
MM:/PUUDIFTT)@:8#A*K6L=Q]^RBV>LZFB*)]L>Q'<T_T!I.SMBPP(M_E:#KU
MWH*7+`]R=]@$V#;9]XX^17/7HYK%2UL3]^7<Q&?DF-K:F:U#Q&N.8F\IC-Z.
M5F*'BPME_DE%1U3_`)70;$J2HZI><:SC%.4?`V&MZVAZ4U,Q1>/)S"TQ1BI0
M:M<G1Q6JC5+H^R%\<3S5;BYKSU+BY+3C%"HXT\P9@@E;`8&NKI_E"S"+-#V5
MQ,\QF!]:-;&VQZPX5+CE;=2G95;1_1XVBK;TVTIE:U@F<9+4':A<^1IE+M&#
M3AI5!3@SGGH,"4N5NTZTZ@_$\-TT22G>BZO+1D7ERY:Y"1DN.I7!7O1:=<L;
M4ZE2V36NGTW6QL<O8%#C&WQ/L(DRK9NC22@TU<F0J$3_`(:Z3FTHY6YQZ][#
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MR]">FK'L[H%3/T*R?;IEP62U;$&=-&'V,JT6V!<ITM4K=!`2'SG/9'6154=+
M=XL?2:=I:.?>_P!9RY&^(R*^K)3`)G7,4Z3A?/6XA*I&XQM3=X;]N]GD`99'
M7!"^HD2/;NTD!:E",1XE(7K\:<MZ6NK]8:];PZ-=Y_%0=1=AT)65)I*XK")0
M^NX;0'5=GU9#WLV11V,))U*)LJCT/TG6'JW(2`U,(K_BOU)9BHX*L,7ZL]K5
MWY:[P[U<B$53,?=P*PL(MT<GU,A%3?&Y=._H0IU6RL6SG:7Q6>3I4L=S(D00
MJ#+5LU4H=I%7WCL@T*VV'R:]6G5/1%A2!MH'QY0CR(=/>/*"5?S1>,,2K&%9
M$*$L\N7,!M[5?`W1EBQG1?6YB<MI6P\"]*`J/-;0R.3B)PTH"0$J5#1$[M-X
MZ.XWC47XRBEG>//K_EWH)BL&G^=RZ:YSZ-62VIW>3-\!O>G(?(I&=&[+A#`]
M#VK4(G1STG'^'',"8/J)-@05Q]T3#^.7&$OS_%)9>T#JN@X+4U?V@RJF6+L=
M9<@J^D$5(NW0$(@[VXK'!]1]+]2GN"UN8VLX0T=2P2,GZ4'J1$)5@;B^\K?M
MR.V5Q!SC5-FBH3775\32O)C?"2.Q*32.(1VO:,LBX0PNNT%@-KY!4UEVHY0L
MEL;U;FWN9:1$!<:0C.5!(]@:;G9=<?0?D%XNI>W^BG2T6_D/R:]1T8QV$DK6
MB3$5MM4=\<Q?1R1=8+"MKEYB15N04NPW"O']8R(VI*`DD:Y$E;7GT4)PVB=3
M12'V9Y2N`:YNB.QN8U1^K7W+.8+#IPVH'V'OE_,3OS+'T3@.//)"IE>)?&J:
MELJVW?,*,/3(%KF:5H(=&BT';^'IQ;T_&2*+M+FC#7[#TKW#">=R2W`M00=S
M]7_75S1JJT<2^<8,2Z'1:%HD:!HV3\Q,2SIT@2]_)T7@5-Y+Y*C;7U9YP.9&
MVR;:=-W#4/),?EUS3Z:+YY;Z^1V[0EXQ]ZG2F0KQ(DI#FTE+RQ-C>W$-K,V%
M)24Z%*E(`$&@JPW0>6<R]`M582=DA%X.C9>W(ZR1U#1:(=04K+NJ6'GQJK7C
MZL'!=,5;NC8!0ZKJ>>[JFRH\M0-`O(@J!&0MV`LQ2&P!VZ&CMO\`0WAV[#J1
MK>HZ'JM;T%SI.HP[)T),E/K-WH&Q[S5,<J^[E*U"XF5/<_.J/2=40<H2E:7K
M1)3=DKQB,#;A:5JUK2%?RFUK@G46K2MH2UG/,KFTT>D+!'&)M)V$.SU[FX'$
MIRQ''#"427K>S3SA@*+",P80[#5<9&[:\K:Y"IL2*S2A_&40J3N2.K)@WN<,
MO+OHI,:%0WK+9C*L*.04WR,M,``\J*K0IY//4^@_?!+<SF#;G$-PC<W-[.WH
M6EI0HVMJ:T:5N;&QN2D(F]N;T1`$R)"A1)@%)DB-(F*"6446$("P!T$.M:UK
M6!S,!@,!@,!@:[O+G_9;>0W_`.C;HC_1=)<"@,>_YNQW_-YB_P"24>!V^`P&
M`P&`P&!J<FUF5M6'F"(=;,L6!5NU.'C0*;F]TL"8QR%MJ]PWU(I4Z;T2Z2.3
M8E5+MIB##/DEC$9\L`A>GH'>]!L89;MI9_+B"M@N"K7]'/)0JA<&6,5@Q-Y1
MS.8MR`;NXQ**JVQV5)Y!)D#44)4<@2B-5%)P[,$#0->N!ICXHK+L2::[1<*+
M[!A=$5^;Y%^RFTR-J^8XQ;4O;WTF>HPN\B:IM()VSI252C1I0DR8]M.)2&$^
MN_FZ%L.@VF\_5G3_`!Y6%-<OLD]($X*OQG^$-3Z1LY-B7!+U+@[61:<G1MNS
M$9C^]*'-^5NS@2W$"+0)C=>H0E`T+`@?R&C-.'P@SN'_`#$?O([S*CL#1F_1
M$<E;RYQ((,C<M;ULL:)3:#.R[T$?Y(E("=?;Z8$:-5KU95WE@ZV46E9]=5J4
M]<;<DD-!]ASF,0HIX4I)M<)RTEL-DSHV`<3TA:@`S0E;&(L(P[%K6A:]0P#I
M=9-KH\A?"[GR;T/6D.<W#E_LLYOMA/#HYT/"E[2U2JH4<@9$36AF#(RJUABP
MKY0E):\0D9I`P;+V+UUH+I<Z<H3"`W9+NC+^O97T7>LW@$;IA,]D5M&ZD@$$
MJ9EDJJ6&0^'P-@<7T>QO\G6[6N2]>O5*%`BP`#H!>MZV$9>*$T_?#%:(`&&&
MQV/V#T9%:[-,V+81U;&.B[29*["F$+6O<W)HRB)(2;U^3]*47[?AZ8&Q?`8#
M`8#`8#`BAE_M(?%S_G_V!_JASG`_2?@,!@,!@,!@,!@19<5'TWT+"'&M;UJV
M`V_`77T$NB-C11EES$8>`(PD+BD#VC6$I'-)[]B(5$Z+4IQ^@RQ@%K6]!0P/
MC\MVC?8?PIVK;])L2+6OH*"Z#3G]@\VDIR`^Y,S,;;8\B:+]KQIV9Z@"0P6`
MC;TI8O0I%Z!T#8<@/2?D7I@&B>@.#&2^F-&`0UUE\&7-')&N4$:]-:5'\_\`
M2!M,RYL.UKU$)(TR25&_'V@$9O7J(.<@\N?#K>K1LUS3Z<<FR=4(!0H[V)3-
ML\R_(/'L.M%`E]L0^.UNZZ]PO31K>]K"!>GKH>P[UO87DK>Z:<N1L"]5#;-9
MVJSC!HP#M6\\BTY;!E[UK>AA7QAU=$H@;UO7QT/TP),P*"6/XYN=KLZRDW4E
M[06O;O\`OBCJAIM@K2U*OA\WCT,65+8ENV`1.F)PDB5T/*=9&9:PD:M,$@LG
M9+:3L0C/=[0!8N?\S<ZVL@FK99E%U)/4-CI(8AGR>6U]%GX$P2UP<XJ:\*D0
MG%K4#=?P&I=U1K+L[8A-9JDP:;90ABWL.#$>4N88`6TE0;GBDX>6Q22.S-F#
M&:PA;'ILF,19'B-1>7(_NUF3;(E3!'9"O0I''7_'"$BPXH)F@&C#L.SE7-G/
M,Y3.Z.:4;4DK2O\`93!<SV1(J\BCP6[6]%&YG9XS:*_2]J/^JL)@9X^A2(WD
M?JX)TJ0HD!H2P!#H.JA'*',-:6C*+NKOGFEH-<,V$YCEEGQ.LX?'YW(#'M4!
M<_&.<H:VA*\*#)`O+"H<!;-]R]0$)JC9AFM"T%@,#J'R0,,8;5#S)7MHCS0D
M#L:IU?')$TMJ8&M>NQJ%R\Y.E)#K6OM$+6L"B,Y\J_CN@3MN-J.LZHG,P]^R
M0P.D'-PZ&L,2C0M@TFU`*(;;&F&E(AZ]N@;1:%Z[U^_K`P@?>?0EGA$GY7\<
M73DV+,-T41/NH%,4XLJ\))OIHEQ,168I?^A5*3\KW["GKLT>P:^'QWK`^`^>
M/(U?H-AZ)['B/,T,6?-+6U7P+"1%3$]$9OW!1NO4]^()1)1#]-^P:F-0J(+-
M:UZE*"Q;]=!8SG?A;EOEQS=)54]6H0V=(R?DS"\)\\R&UK\F_O"'1^YA=MEN
MLJLQ\3J#`['M*:Y_1%"%O11)8?0.@MO@,!@,!@5)Z?XMICJG48D$L+D\`N6N
M-JE%/]'U`_#@5]U"N6?%7N&3Q$G4#41]TW\'*/NZ=SC;P7^0O;U(=:UH-1UR
M\YH8!8!,_P#)OX_*8\AT1:T[>A'WK0G/C+(KF+CC)H(&G76W)#6E<I)*T,=0
MDB$8[PG\6-("P;']P,Y/Y&@V/(JT\:'DFK2!RIIAW,_4M;UXF.CT(7,[9&'\
MFO$2E,D3.M?#2-P$SO"$2A*W$$.D86E)"QA3%E*T>_E!"$+6(Z!I!N4212VU
M-7S:;+ZPC5*2;[MBC,WE/500TB2)8E62U.C2$IQP:-)I@Z%H6S0=)$I:\\)8
M`A,%K81/+.#.+YV]5=(ICS!2DC>:6CL5A]7K76`L*D42B,$,(/@T41DB2?3K
M(U"E:<"AG0*@'I&Q3KYR8LHW>Q[#N'?BSDI_O-!TP]<ZU$YWTVKFQV26FLA+
M*=*]/S(CTW,4H/6"3?+6R]A;0Z3('<X!CFA3!"40>66'0=!-,$KF!U>S+H]7
M41C\*8G.42^;.#3&FQ*TH%DOL"3.LSF\D4IDA991KS*Y8^+'%>?O6S%*Q28:
M/>Q#WO85"D'C_I2=S_I4ZU(M"[;H7J)YJJSI[0-B0Y%(8LCZ`K%C1PHRUFL:
MI0)"(<L@\5BY*I&:C$(ASCA:XL_YBHX.@[R%^.'@JNH+9E90CD.@8U7MRI6%
M':D,;:VCA<=GA,55K'"+[D;6-$8E7J(TXKS53><(/SD2H7SB1`-"$>@F"M.9
M*`IFJGFD:FJ:'5O5LC!(M2&)0MLU'4S\IEJ,3?)79Y<&PQ.\.DA>D>]%J'(]
M2-P&$`/\M_DP>T,<DO&O+4P74RXR2BZ]=%//;6Q,-.?-9@DIH/'HLKC[E%XX
MA1)3"$2^-QEXB36O;F]:6I1H7%M2JR"@*2"C0A(=S4;3W1$%6UG>=;0^U8$O
M6M[H=&)JR(WMM)=VD_ZIH>V\*HL1S4_,ZK_*I%R49*M*9^448`7QP,7@O*_-
MU8MU6-->T=6,-;Z1=I5(*E3QZ(,[;^`9#.F9WCTWD4=-3I@'HY#,6:0+D[JO
M]PE;B!8=M088(P>]AV-Z\X41TY%$,(O^J(5;,7:GDB1,[9,F9.Y_<C^G3*D)
M;TQ+=Z+<6-TVWKE"49Z0XDTQ(H-('L11I@!!S6KG^CF)RJ)W8JDKQD<:!B\A
MA-(*6>)LS7NIX?+&UB9Y+&*_+0I$Y,58GMJC#<G4I482B3241(=A]`!UH,J9
M*W@,;FDXL9@A\>9Y[99$536#+VYK2I9!,D\&0KVR'$R-S*+"J=2XRWNB@E%H
MT0M)RSQA!Z:%O`B&=\N<R22OK&B4^K*&GP.<V`JO*Q#'8]4W;4V4E,;'`5H*
M94%Q1O+#)V4J/(])G-,L2G-R1$420,H@H(`AJ8<+LK:?]&5$?XVZG3]BD\GU
M)+:/H]BK1&CJ[A'G"6S8]F89U/)_U<<0Z0^6N3-`(LWL#7&J]:94^-:(]X`<
M2';EH:4+FUKP,]SB?Q?H/OZS$/5=W1)S!(JUKIO8#XIR)SF]ZUL:9=3-)N2]
M[,DD[9Q&B`5.9DK>Y+KVZ&@VTEBVFT&RW`8#`8#`8#`8&N[RY_V6WD-_^C;H
MC_1=)<"@4>UO\.QWX;_YO,7[F_\`^DH\#M_3?[V_\&\!Z;_>W_@W@/3?[V_\
M&\!Z;_>W_@W@/3?[V_\`!O`>F_WM_P"#>`]-_O;_`,&\"+YW1U*6FO1NMH4Q
M4MENC<CTWM[G8=:0J;N*!OT<<IT@1+I.QNBI(BTI4F&:)+&$OYA@A>GJ+>]A
MRH_3=0Q)#'VR)U)6$6;(D_JY7$VZ-5[$6%!%I4X(]MR^3QM$TLR1,PR-<W;V
MG.7)`DJC2-_+$9L'PP,M9(U'HT4XDQN/,<=)>'ERDCN2PL[>S%.TC>C0GO,A
M="VU,F`X/KN>#0U2P[0U*D>M",&+>O7`]7"+QMW=X_(7:-L+K((D:Y'11^<F
M5M7O46.>47W:\G1MV5I3E[":[MW_`!=4)(85M01_DS-B!\,"+>C*/9^BJ:F5
M2O#FMCBA\+:'B)3)L)`>[U_8T->VZ7UQ8+,48(`#G.&31E1+@%"$$*@!0R!;
MT`T6!]I'0-06:-HD%VTM15IV"2PM+:]RR3U#"Y(8J6(TH?K@LY\N9WUY;F`3
MD:>:D1C4F:3%F^SW"W[A;#*XQ5-70D+`"%5C7<.!%$;XW14$3@T7C88PW2=8
M6XR9OC@65J1:8T,C<2@*'`E+\HM:>`)AVACUK>!XM..S*75M.XG7\N)KZ:2B
M+/$=CL\4-(WS\&+GM(-M%)TC0%4ATO=F1*I,4(0#-`5I:`H1GN+T(.P576,/
MI:LJ_J&O6P31!JRA[!!XHWC'L\\EFCS>2WIC5JGVAVK<UVRMJ%9^]:$>J-,,
M%\1;P,]]-_O;_P`&\!Z;_>W_`(-X#TW^]O\`P;P'IO\`>W_@W@/3?[V_\&\!
MZ;_>W_@W@/3?[V_\&\"*&;6]>2'Q<^NM_P#/_L#_`%0YS@?I.P&`P&`P&`P&
M`P&`P&!Q5J%$Y)%"!Q1I7!"K*$0J1+4Y2I(I)'KT&2H3'@,).*'K[0B#O6\"
MCUC^,/QWVPN.=YOQ=S@LD*@P1QLM9*JBL,FHCA[%L1^IM"V^/2P!_N%O>AA6
M:'K?QUOUP(WWXHN=&,GY%46IVY0Y00Z"4EJ;N_J]"S$>T.@EZ(BLPM691`LL
MOT_)+TW_`"M?9[?3X8'N3X_;D8`:U!?*5Y#&+V?[R3*W3E&UTH/C^2$P=C\K
MOSNI!K_]*L&+?_G8'S/Y%[Z3Z$%F\LUJC#[1!+_%G)''SX,/^)[1&#CU:PK9
MHM:#OU^&O7W?N>F!QC^6?)0(S>TWE63E$^@?:!1PK1J@W6]:U[MB-+EB4`M;
M%\=:T#7IKX?'[<#[_JG^0U2,7UOE>EJ0H6@:T&.<9<OH#0>A8PCV`V0L\M+]
M1CWH7Y18M:]OIZ>F\#E[X;Z;>]>V:^5_ME:6+?\`E"8)`N(:U!O6]>@@EJ&O
MDYT<BM;_`'-Z4>H?W\#C%>+V$.NQZLGL#R/6PG.V+ZIOD/;=NP!K5A%ZZ$6H
M:J"6TXW[*WK?I[`E!#Z?N8';,/B)\;C,YEOCIR56UFOA1FC@O=^'2GHYX^?K
M81?/$YWY(;(6B.]P=;]VQ^OK@7J@U;UW6#,5'*T@4+KR/$:"$AB@T68XDS$A
M!KV@"4UL"%O0EZ`'X:UH&O36!FF`P&`P&`P&`P&`P*,7EXZ>7[PFJBWP1J2T
MCT*:1\@OI3FJ8/5$WH/6MZ^67(IC!3T":R&TK6O33=+$;\U"#O81)1:WZ8$1
M`A7E2YZUK4(M:A_(#`4(1C+C5_-)G+71VD1/H6G0I[DJ&,R^D9NY_(UK?O70
M*,:.,UO9JO6]['@?8'D\CU<A&FZ^Y4Z_Y#4H@:"Z2N4TXXWK29)_J+U,3W=R
MVINB'M[6+0?<%0^Z81:!Z[,*+]-^@6HI;LSDCHX)7Z!NF**MQ48`(AM,!M*&
M220)!"WL/R7*-MSP<_M*H(M>@B5*8DT._AL.MX%EL!@,!@,!@,#!9_:%:50R
M'2:TK$@M:QQ.$0SY!/Y:P0YD("#7N&(YUD3@W("@AUKUWL1FM:U@4+<_+7QB
MXKEK%14GL7L66HS-D;C?&=06)T:F$>'>PB+5V+`F%93C`$`M>@C762("`:^(
MAZ#K>]!U)EP^42]Q;34]RS4'&4/5#]"[([*L-/;UI@;E`?:%<U<U\VORB*%.
M1`!?,`4[V>CV`>M!-3;]!!V'NA\8,/M!:AD7>-XVYWL_)%"9>3!K55-D!Y;:
M'%(;HT@UFY1JXF/5<^DI]AUHL<RU,5X/3UVJ$+\K`V5,+`PQ5E:XW%V1HC<=
M8T2=L96!A;4;.RM#<D+T4E;VMK;R4Z%O1)B@Z"6446`L`=>FM:U@=O@,!@,!
M@,!@,!@19>5-P;HBFK3H:SD:]PKJY(!*ZTG"%J=%C(YJXK,V58P/J=O>&\PI
M>UK#6Y<9HM02()I0]Z$'>MZU@:S"O"AS804403T'Y""B2"BR"2@=SWR$!1)(
M`E%%%AU)/0("RPZ#K7[FM8'T_J5><?VA_(5_/HOK\Y,!_4J\X_M#^0K^?1?7
MYR8#^I5YQ_:'\A7\^B^OSDP']2KSC^T/Y"OY]%]?G)@/ZE7G']H?R%?SZ+Z_
M.3`?U*O./[0_D*_GT7U^<F`_J5><?VA_(5_/HOK\Y,!_4J\X_M#^0K^?1?7Y
MR8#^I5YQ_:'\A7\^B^OSDP']2KSC^T/Y"OY]%]?G)@/ZE7G']H?R%?SZ+Z_.
M3`UW<)^.FO\`H"R_(S%[%Z3[U5M7-/>$JH"K"VSL^ZVDQOK=IHJAIXB0NQR-
M^+.>W0,EGSF:)8H$,X1)I97K[2@^H;$?ZE7G']H?R%?SZ+Z_.3`?U*O./[0_
MD*_GT7U^<F`_J5><?VA_(5_/HOK\Y,!_4J\X_M#^0K^?1?7YR8#^I5YQ_:'\
MA7\^B^OSDP']2KSC^T/Y"OY]%]?G)@/ZE7G']H?R%?SZ+Z_.3`?U*O./[0_D
M*_GT7U^<F`_J5><?VA_(5_/HOK\Y,!_4J\X_M#^0K^?1?7YR8#^I5YQ_:'\A
M7\^B^OSDP)*I#Q/<W45=U<]`M,_ZGL6P*FU,A5^&Z^F;2MF,QU5/8DX0>3N"
M.,2UX6M.G%?&G0Y/H[8/>#0M;UZ;UK`V<8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`K!='$W'O19QJR]N7:#MIT-^/W].ZHA,AD
MQ`_7W:-12A>S&R%O/T+XZ,(4ECUO[-X%:0^)KE^.$_+I>9=;\V>FM_+3T)V?
MTW$(\1\0^P)$"=K,DE<%$E:#K02M,_R=:UZ>S>L#[!X3Z/C)>@5IY5>W6<L`
M=Z*1V;%^/;J1@WOU]-#52OF-')E`-:]->ICF(SX>OO\`7`^17-'DO;1>C;Y0
M(>[E!]WL_'?!5;.Z@7PWH.SC8/;U:$#WK?IO?L*+]?[G[@?8ZC_*N`184OD&
MY7-*"6#0S%GCODX3QF:^`Q>U-VV$G6A>GK\-:^.]_#T],#RHY[\GZ_8M'^2:
ME&DL0M;U^&?'LW)3RP>A>MA+-D_4\O)]V]A%OU$4+7J+[/37I@>A/'/;;R'9
M4W\L5_`3#%K9I%3\X<;UT/8?C[@$+Y/2]INB?UUOX;T?O>O[N!ZZ\840?C![
MMKL7R+W0E/\`_:VF1]BV!6#$M#O?J,I4Q\SD4.UF$&:WO6P?*T'V[]-:U@9I
M`?%?X[*X=P21EY!I:02PLP)Q<VM.,_IMGI9X1!&%07.[D4SR7@4Z$#6_F:6Z
M'O?[OQW@7R;V]O:429M:D*-L;D1($Z-`WIB4:)(07KT`0F2I@%D$$@U]@0!T
M'7[V!S,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,#3AXIO_G=YE_^]9GG
M^JSRK@;C\!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,
M!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,
M!@,!@,!@,!@,#3AXIO\`YW>9?_O69Y_JL\JX&X_`8#`8#`8#`8#`8#`8#`8#
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`TX>*;_P"=WF7_`.]9
MGG^JSRK@;C\!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,#3AXIO_G=YE_\`O69Y_JL\JX&X_`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`TX>*;_YW>9?_O69
MY_JL\JX&X_`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`TX>*;_`.=WF7_[UF>?ZK/*N!N/P&`P&`P&`P&`P&`P&`P&
M`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&
M`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P-.'BF_\`G=YE_P#O
M69Y_JL\JX&X_`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`CN6V]4\!
M",4ZL^NX6$K7N,%+9K&HX$L.OMV/;PYH]`UK^[@0*Y>0?@=F.^G=^W^06I1[
MO9\ARZ5IA"=[_P`K\GY2J:%#]WY&_AZ>OPW^]@=`1Y,O'$J-&0G[^XJ--`$8
MQ@!U)1^Q!"7OT&(7_P#''PT'U^.\#.6#N3BB5&@)B_8/+<D.,V'193!T#4SP
M:9L7^+H!;=+5`A;%^YZ:^.!89AE48E272Z+R-ADB+>O72MA>&]X2[U\/CI0W
MJ%!6]?'7[N!WV`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P
M&`P&`P&`P&`P&`P&`P&`P&`P&`P(IO*ZZYYQJ&P[VMYY6QRKZJC#A,Y[(D$>
MD4J.8(LT`T<\/AC%$VI[D*Q"TI/<H4B3)3MD)BS#1ZT6`8M!^:[PR>6/@BUN
MO?(!35=W>IE=D]?^0RP[EY\C3;6-M>^<UBEYFH]O5S`]Q/@Y+3$VU&JK1[T=
MIZ/;C2PHO<(&@FD[&'ZI\!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@?%0H(2$
M'JE1Y*9*F),4*5*@P!)"<@D`C#CSSC!!+*)*+#L0A"WH(0ZWO>_3`USS#RH\
MG(I*ZU]23E879MI,Q^DCI7G%]?O/0![(M]^RQHY?8T;VGI"NE1!OY)H))*6@
M16_\;6O3?H'0`M/RL7'K0Z[Y?YMY`CIQNM%/W5=O.]ZV=I&;K>RU1E*<V@;(
M&C5EE[UO9)EGF;T/?H+7PWK`^OZDW75A`,_3YY0N@S$QXA#-C'*E5T9R]&"_
MF!UH:<A[<HE==R%D!^P(@2\LW7VZ%K>!]1>(WC%^"69;3=?O1*_6];/7=$];
M=0V\G6"_*WOZB,2FVU$("6+W;]2RFLLKT^&@ZU\,"28OXO\`QOPS1?X=X-Y#
M2'E;UL*]5SS5;NZ[%KXZ,&[O$77NAIOK]HQ';%O]W>!.[-R_S3'``*CW/%&,
M19?I\LMFJ6`M8`>FA:U[`(H^0$/IH>_3T_?W@9".C:3,#L!E/5:,`M;"(`Z^
MB0@B#O6];#L.VC>MZWK?IZ?O8&`2#C;D*6A&"5<J\W28!FO089!1M8O(1Z]-
M:]!A<8NIT+7IK]W`@"2>)/QER<X2I1PUS9'U^_7>G6O:QC]6/)8M_P#XA#S6
MB:)NJ<W7[@P'!$'T^&]8&."\5U*1T`-4E?/='.6R1!&0GJOM*^7V.D#!Z>S9
M<"N^5W#7.RP^GIHH3.(GT^'L]/A@?,?.ODIK'9BFH/(/#+L;TP-`0PSL_E^'
MNZQ44'0O:0=:W,#YSTX(CO3TU]2HCCL/U_*$6/[-AQQ]<]R4R'8>FO'C)9NP
M(]``MM'@VTV#HIJ%Z[%ZKU-,6.V49>J4G0->X29F:Y2>#[`[,WO7J$]T#WYR
M)TR_*X35-U1\ZT6L(MOE)3M`_P!2WQ'A%`V-1I]I&U&F'6BVE)MAWH1XVKZ;
M>]>H3!!]-["XF`P&`P&`P&`P&`P*T7CV;R3S/KV=`=*4A4"X1?S4S)/;+B<?
MDSCK?I[2V>*K70$D>CS/77M*2)3C![WZ:#O`J[KRJ4Y+0E"Y]Y^[AZD(4[T!
M*\T_R5:<>A"H8O30/IK.OQOI.L5:<>]^NCB7@PG8=;%H6]?'`^FNHO(O+S=A
MKOQ@`AJ`\/JC=>F^RJ<KTXL`M:V`U;'J&CW4*\G?IO\`**V<`S7I\?3`\^[S
M(2$[W:*\:-2)3?7?RQ'=0]`KDH1:^&MF!)YM2J32O7X^F@`%O7[V\#[#I#RJ
M/8?F._?_`"_#ABW^4DK[@"0K0%ZW^X6OGW84D$/>OL]1)O\`[,#C%\J^1<X8
M!N/E8=2?06Q&%1WB?G5M)'K900Z`#3\=+#RPA-UL?Q,%OTWZ>O[N!Z%\B>00
M!H3!>6VSC@!%[MD&<?<?:*'K_P`P6R:\*/T'^\/6_P"[@>?U6?)"DW[F_P`J
MGUF]",V$$JX<H=S*$$1FA%@-U&)#"31:`7KV[V$8-B]?7X;]/0.9^B#RP,`=
M"9NXN/9[L/QTGL+@RP&`1GI]@1N$"[.0A#[M_:(*37I^YK`^!;OYC(R,9JV"
M^-RXDI/J+9#-8_2_/[FL#KT]`IRW:M^AFY.:+]XQ3L.O_.P`>O>[(>,P=J^*
M^S'5L3[UI2\<R].\YW4#V:WK0CTC#:3_`,U2U8#T]1:`4@&;Z:]/;Z[P/GKR
MT<O1<H&[_B74?))HAA+&?TSRK>$#B9(M[WH0CK79HA+*9"27O6_<;J1[)UZ;
MW[O37K@70ISH_GOHAI&^T'>=174SE%@,4.%5V-$9\F2!,]/:%<.+N[G]";K>
M_00#O8,(OAO6M_#`FC`8#`8#`8#`8#`_/O?G6??[YVUUI25#7A0E0UCSP;03
M6RH)SS2^7!)G];:E/H+#>G!=(DEZULF2E(W(\9)!`4(_\EO7J/UU\0Q/]-/E
MA_;.Y7_F(R3^EQ@/TT^6']L[E?\`F(R3^EQ@/TT^6']L[E?^8C)/Z7&`_33Y
M8?VSN5_YB,D_I<8#]-/EA_;.Y7_F(R3^EQ@/TT^6']L[E?\`F(R3^EQ@/TT^
M6']L[E?^8C)/Z7&`_33Y8?VSN5_YB,D_I<8#]-/EA_;.Y7_F(R3^EQ@/TT^6
M']L[E?\`F(R3^EQ@/TT^6']L[E?^8C)/Z7&`_33Y8?VSN5_YB,D_I<8#]-/E
MA_;.Y7_F(R3^EQ@=4^V9Y192QO,8DW7'([_&Y&U.+#(&)WX'?ES4],CNC.;W
M5I<T*CK89"QO<D"@PDXH>M@,+'L.];UO>!HS\67BAZM\;?0/1-X53>5#Q:5.
MC@Y555<HG/.3G;6G:G'+\/2]?)X\U$7M#E-;+G=Z`4TJ$AZIT5[+:3=?/^2;
MH1X;X?TT^6']L[E?^8C)/Z7&`_33Y8?VSN5_YB,D_I<8#]-/EA_;.Y7_`)B,
MD_I<8#]-/EA_;.Y7_F(R3^EQ@/TT^6']L[E?^8C)/Z7&`_33Y8?VSN5_YB,D
M_I<8#]-/EA_;.Y7_`)B,D_I<8#]-/EA_;.Y7_F(R3^EQ@/TT^6']L[E?^8C)
M/Z7&`_33Y8?VSN5_YB,D_I<8#]-/EA_;.Y7_`)B,D_I<8#]-/EA_;.Y7_F(R
M3^EQ@/TT^6']L[E?^8C)/Z7&`U=/EAWO6OUSN5_CO]A&2?TN,#8GXM^BKMZ5
MYWF\GZ">H5);)KSI?HNC%TE@$-6U_')$U4[93K#&9[)B*^43-0S*W%"@"8>5
M]Y*0Z&+?H+TP-D.`P&`P&!Z&&%DEF&FF`***`(PTTP00%EE@#L0S#!BWH(``
M#K>][WOTUK`U>2/R#2N\)&]UCXV:F0=3R%C=%<<F/2DK?U<&XAJE\0GB1NB!
M?;J%O=GJ]I:PJ/3ZB/UXA>?E&>I#@Y-0_400^:+QK&78>1)/(G?DX[.=1G%K
M?T)$E*J8XLCAX#`J"$+;S;#WM2791#>,0BPJ;%>IF>:'\H(2/7V:#*>C^BG3
MC*6<B<N<K\G06P9#T6[6S&J\K]JL&/<W5K`VJFZ[%9#Z<(]KK::H$Q"IF),*
M2IDK:7KYP=:V+01>N@YU"]Y.$ILCHJENJJC9N2;/YIK:N[OFZEPNJ(693ZND
MK.46`WL-@IK9):8*5'P-+O5[T0[(GUJ:3D0""U!8CTQVCM!/42[0Y'GE3S"]
MH?TO1TAIFO#3")_9S;9L1.A4'4%A2F:32]_VZA01M2>4O3C)+6#)&>6I)$7H
M032]B#B;[>X[U2P.C-]/47JBAO\`^$P6M^DV)?@D<NT<)/N'A>_O3Z44PT>#
M8?NK6_O#W:WKY/PP.BD?:=+,ZBF)6VV51;M0%KP&W+%4WPHO^NV:/-$9JTN(
M:,>XRTJE1PK%C9JR3C(>7)`K+31D1!6UV_\`C)>@A.$RN^F:Z7/#98%KUS"'
M"/5Z[6T_I);,X]'3V.K6)R2,[S8KR!V<$FVN$MCLN)3'NA_L1EGF:!LS0OA@
M14T]P\<OM//_`$$S]044XTG%7<$=DUGI;.B1L/C\C.-2$I8V].^G3Y#9)%YC
M@FTF;SO8L5:4D[*+'HXO8@F*J[=JR\H.T6935B0NTJ]?OJ]-$T@4D:93&UYK
M>J.0N28EW9U2M']8V+TYB=41L6CDR@L99H0#"(.@@))Y!^%5\4GT[;^P.;G"
M%U:LB#;8DJ;[C@:Y@A[K8"92K@S0^.B1[.1I'F7DHCONU'L>U*T9(P%`$,`@
MZ"5X-TCS[9Q-<**ZNVJIR3<#3*WVJC(G/(R_!L1I@9S>FG*V&_=KDIW(2X6I
M=4Q3MI+\P;::<$"C18OA@1Q8_>/%50(T2^T>K>?X$C<9),X@B42BUH8T%GR2
MN'PV,6(UAVJ=P;";`9(0-O>QB]"VE:'9"H11FO;@5:Z9\M%#\I3NV&"S6W7X
M&K6K..+);+*:YG%Q-,YWV3>MATI%FQB3.1S<ATVPM/7Q\F<G$*\\!K!I0<22
M+:7>C0FV^XQX\.M*I>I+T`7S?;]85_*B(8NL&3/$34_HOGZIV8VI"S,MF(UZ
M20UE/S7R2-I"7[N<6YU^J7I@E;]YY7N"$S>9>WN4/_BG&O0JGI"KF[>C3.2>
MXI4]21V(;2A:&8T4QV0D;WJVHFL`E*"0B33U%/D&Q>@/J$)?J:$)SYS[TJN]
M)LLHV81R;\V]6,+4:[R7EV^$#?&[(,:D?^3<);6CNV.+O!;SK<D\(M!D,/='
M=`4'VZ5_2'BV0$+Q8#`8#`8$/WCT!27-,"7VA?MHPNI8$W'%)#)'-GQ&S)5;
MDI]VD+(S$'C^ND$B<QAV!&VH"E*]8;Z%D$F#WH.PHL#KKLGI+T*XJY'.@E?K
M-:VAZ;[S_$]-11Q2"WH1;O7_`#$QI#.C)TB5I1@-3"D8*\3*`BULM0,&_=@<
M@OQY63;F_K>T^YNDKV*4Z&%?4]*/A_&//FTQV_>8U"B]$.J"Y9,V:%OV[!(I
M\]A-!K6AA]/A@6=HOB+D#F;83Z$YJI>K7;?KM3*(M7\=2S=T-%OW#4OD[/0J
M)D_K#!;]1'K5R@X>][WL6][P+28#`8#`8#`8#`8#`8%*[F\<W#5_.^I/9W,%
M3N$Y`?I2GL^+1_5:V\B4ZWH05#;;]9GQ"S6T\`M>H1IW8L6M_'6_7`A(?%/5
MM*"^NX_[ZM'[J2;$>127;K0#K>KE@2M;TF:$-F*W.#]119-\O_)Z/.FCZ63K
M6A?2&>WV[#C"[_MCGC>T/D,Y9E5'QQ(8$@_J*@7!WZ6Y-&47H(#'J8NS#&&*
M[*,;33AAV,^5Q`AB1A%OYKR+0=CV&QV"SZ#6C$6&?UI,HK84%E*$MTC4SA,@
M:I3%9`VF[$$M>RO[(K7-3FD&(&]:,)-&'UUO7KZZW@9;@,!@,!@,#\V,B_M*
M_)Y_G%QE_JO->!*V`P&`P,.L.PH14T%EEFV5)VF%P""L:V22V5/AXB&MD9D`
M="/5J1%@-/-&,8PE$DE`,/4'F`**`,P80["F4>\C%2+Y!`T,YJ+J6BX3;$@:
M8I5=SWM2*ZOJCF\DD7K^%F;\0&O;D\0M9+]^FFK4C;F<*T0PA#O0M^F!L&"D
M5#T+8$R@6@"$$6PDF"T$0/7WA%O0=^@@^GQU^Y@>"DJ@_P!-E$FC#OW?EA+&
M(&O;Z>[>Q!#O6M`]VO7][UP(<H"ZX;TK3D.O:M2)#J`SHM\,8C9(T?<[MH,>
ME#U$'#Z]"6I7%)=_?#"?HO6CA^\KVB^&Q>F@F(*=0,O9H"#AE!]?<8$H8BP^
MWXB]1Z#L.O;^[\?A@"TR@W6ME$'&:%K>];+*&/6]!%[1;UL(=^N@BWZ;_>W@
M1N\6G!V&T(%3+F['$V19D:GTQAT?+;')1IQC-8_<&IL[J'(I,)L;B&@V4("]
M`/.`:<8HUHL`M!'L(23M*I#[?<G/#[QZ+#ZE&:]P]_8`/J'XCWZ?9]N!X$G4
M`&`H9!P##/\`$+$4,(Q_'>OR`;#H0OCK]S`^2D!R5.8J-3*OEEDFG!"`@P1A
M^BBA'?*3`WK7SCS0A]`!UOU$+>M?NX&'5I,-6?!(G/$,3G<0*EK*G?"XA8L7
M61&P(Z6H&8#3;+XFJ&>KC[R3\OU,3F"$(&A!]=_'`S8"=08,98"#AF%_`8`%
M#$,'Q]/RPZ#O8?C\/C@?/8!!'L`@["/0O;L(M;"((M;]-Z%K?QUO6\"FB[NN
MBF^O+!LY0&<_AFL^I0<>R;0(T1MRW<!DYCE>A$V(QNX`+8A^(92E_P"/[,`/
M:?WCT3O8=`$%S#2Q$FF%#]/<48,L7IOUU[@"V'?IO]W7KK`A<R]H(5T,EYB%
MI]_2<LI97?9.]-8-QG\!(IPGKT[0WKZO1@7[\0J@^B7Y&P[3^IGS/77MP/,]
MO:"5O:=#4])-/FYCT<\V&QUQMN;`+&?2ZL84.?2?\1N`E9(F@C;`7OZ402SO
MGJ/R-Z#_`(V!D=K6K7='UU+;9MB5ML(KR#->W>325UV>),A2[/)1I2"$J0E2
MO<W1S<%)*5&C3%'*EBHXLDDL9@PAV%3HIY"JM=IK7D/L*H>H.=DEQOJ2*TW/
M>B:74UO7ME2MR3F*V2)-S_I^>CXK+)(G*$)L;9$F9U2\6OEE`$;^1L+Y;UZ?
M#?PWKX;UO]S`8#`8'G7VZ_OZ_P!W`G3PJ?\`[.'0_P#WA?=/^GN2X&X/`8#`
M8&!VA:%>4I7<SMJVIBP5]6M>Q]QE4UFDH7DMC#'6!J($H7.+@L.WK00``'V@
M`'0C3C!!++"(P00[#5>T5C='E'T&:])M<\Y^\?Z\PM76_(9AKI![DZE8]#^8
M@GG8K@A.1R."54_)_0]MJE$<F4KDI@#)6>/8A,:<-ML5BD7@L;8X;"8VP0Z(
M1EL2,D;BL69V^/QN/LS>2%.@:61C:4Z1L:6Q$G!H!)!!1918-:T$.M:],#O\
M#4UY!N)#.R.I/'09,:\<9USY4LNZ<>[O5M<_>*^51L,KHA5'ZV4A<HC+HA/%
M07*<`)(V6UG&:UKXJ0Z(V+>!K3L_Q4W]6E/]R\9\ZUE^):<LBRN:.O*.NH<V
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M-D5.Q2`5O&)/<2:(/#RYL,11/+8Q.BQ1L]Q//.&9L(N<O&MWQ:O(-U/%WI#G
MCJR/6/Q!4D*CL=G%<[>;HY"\<-GQV4MJ]CELZ;YC748L'J*6'RB>EH9,B4,Y
M;RH:$CRG"02;HH,C=N+;NGJ.]KUD?//?\Q?Y+:W'3S'9/8?37'=;=Q-9G/*>
MX?F=`4Y!*8KEGYT1S:I16A]T-S7,)$O/F[`8L)/TB+1-!*H-LOC-@_1\)HZR
M4W23":SO\EORR9=7JV5PRCX+><OK-_1QPQGFW3;5SCK5,K;YDDB*=#7)<T[V
M8K;M(#%WHX;5`"&MFEN)+_YNY4\.DJWS0*>ROAF2V#*NB.9H4[5<5.7!\M.L
M;2A)=K0A4_2=DK.:V;6,GFXG$)*A[2G*4CNX&)%.UH2RC0B;H6L+KYFYWNKR
M%IJTCM,]'MGDS+['Y*Y8D,HB`I,[L=PUM5_&DSHV2+(4ZOD;!9/4C:ZNLG=&
M5B7NI!4E<T.C#SEA1YN@RJ9</=>T8FA5#UA`K-D\'UP,V5&NNKF9IY$:;.O#
MI>73*UIW?S#U)=73"1^G==47++$G(90B*B;0JTH6/CP<<,Q86D3B"-57C[[3
M0\UEM1-#.3U-(CXS?!Y6`(2EG-;D.\FM[@_K)]N;H&K&%Q=)@2PA?VN%H"M-
M:Q:L3,[DI6$%%K/]]V4%AI13#Y9/EK8:8C842'GFXRZ)\IW5%6J'MF42>M.@
M.9F0VGX+!YFPQQ<],"3=M3HBMY&9_P`9-`O<*J<QDC/+$8=@?HUP*Z=+<IT;
MUK"4D)NN'_?6F%S!(X#-6)S<8E:%335,#6FR?U'9,<4MTPKF;M)@0B)<&Q60
M8,(=E':-(&84,*85QT%=W&=EP?F;NJ5!LFL[)?T4(Y<[T&UM\?33>4N!FR8Y
M0G632TIT49KWH)TUZ$1Z1H2DD8L$P/R2B&U[WIO5AM:P&`P*`]2]@3"%V-'>
M4.48(S77V7/HX&7D1^1N"]KJ#GRL5"\]G#>_2\F9BSG5AA`W1*>G8V%O"*13
M)Q2G)&X!1)"YP0ACU2\/5?23RNZSZOL1RZGZ=B<?>9$^])7*WHRV*H6-`B.=
MY`V\Y5.F$NA'.L#;4B8W?L9"C'Y:0'>W1U<CM[-V$"Q#LGR1VM2T>[1J;D*E
M)%S;,8XUVC7O.ZVT)DF[5L:CGL!+I'YBU'[BQ-)QVSI9"5)3ZV0I6K/+$$\I
MO4O:=6(?RPN;;WD%Y!H2=E5G;UQMT*FA++%)'*&Y1&IH]M=8,,X<#VJ(O=TR
MZ+QM\A=*,TB<DII*-9*W%G2J=E#$68(L`AZ#HI]Y+.'ZPLV1U!.;Z9V.=0F:
MPZO;!2?A2P7*/UG+;$21I9`6ZTITT1%?!*R334J8-H6I8_.3<A7FJM%$'#,`
M8$`9$\^0+CV/WH5S>[W:R([9,G+!5AK;MAF1T0;K7E;4F?(M4KU:J>-G52Q6
MO)6I:0<@C*Q[(?5FE).BDHA'%!&'"A?D3XQL.U]TK#KR9'F>'/,[C3($,>FZ
M*&S24U>4X'V1$JXL]QC".LK-EL$(:%@W5KCSPYKT($2G9I0=)C_EAFG,'9W-
M/9T??I;S)9I%KQ..'LZ=?*FJ+3=FC"L;\A.7MXH[()3&F)HEQ`2TQI2DUI.6
ME(E9)B90(I06,H(5%IGRN4:Z4Q#[$Z.>FNH9G95Y=EU'6%;Q9DL&S918R?DC
MHF<4N\*H5%X7%)#+I-(#V&/H'=:WHD1QQ`%9PRPC3IS3`!-KSY,N&V6`U)9A
MM^LKK$+S99=):R512*6%-G=[C->N(6:QI0Z1.'1%]EL.B]:O@]()(Y/2%N11
M]?\`\5<#4RC_`">!B_#'D*KOK"A*=GLL<8K!;?L#F5HZKE=6LB]Y?$L6J5[E
M<KB#?,$;XH:TY+DP*G>'K"BQ:W]0(1(M_*]FPB$'?/GD_P"$HZ"`*73H!G"T
M61`ZJM!CDZ"(6.\0QCKR\AA!3\QLR;M$.71&FF&QQ"]6D^7+6,*L.MB!ZA"+
M>@B1I\O/*#;)^P6FXY$LI1@Y+Z@C?+*B42J-6*L36--9164:G3-J,)D,`UM4
M\/+\X.S,WLZ$;DN6[:B59>MD.K;\\,_8/([S\G;+HL.?VS6[15$/L&DX/77W
M"TW"KM]V<[NIBO[2AT*F%//%:-4V_2[*@S`:QIC<>1/2\QBV2<I+3J@JTR8,
MU6>1WC))6\2M,JY-/$>G,UE%;1AAC%?6E+;5<+!@R18X3J$G4=&(0[70URF"
MMR$Q2^(5C`0H9TWL.6`)+,+$,+-5+;5;7M6\/MZH)BRV!6L^9R7Z(R^/J!*&
MMY;#3#2!&%?,+)4IE21608G4ICRRE*12482<66:6,`0J%:_=$?I'K]_HVSR(
MW#Z4A/!MB=K3ZYG5Q=-J8HW5U;49@+RWK69&WJBAQY)'GD]R.4@$-0$:?0`E
M"#O>\#N(EY+N&9HV6H]-70L7;&>F*[27!/G2:LLSKAO2U&XJUC<UVM&E=@QJ
M,$V!6CNZ(#$B-^C^W1J6+-@()/&::4`82YSYUES]U.1--TE/!2=PKMR:6B?Q
M1]B4VKJ>0Q5(FK3W&C)375F1N'SIC;92S;VJ:UBEN+2.:<`QIC#0ECV$*G67
MX_'2LY:_7YXYIDR<K7>[.`Y#.*E4-RQ3QOTFX:U[U22YZ;8]D)X7,7KV>S4]
MAP&V3)C#-FK0O!(=HC`GODCKQHZ713J'RF#/=&]+4@Z-D9Z'YQF3@A<I16CZ
M\)#EL??V-^;@%-5CU!8*%*:LBLN;0Z;WI(68#84RY*N0I0N'@,!@,!@?FQD7
M]I7Y//\`.+C+_5>:\"5L!@,!@:V/+$A/'R!N3*VY4\02L>@^8;<N=G2(CG,2
M^D:YNN)R"R1JFX@LTQ<ULK22%S6`]@]!2H3![UZ`WZ!./2'3_,,1JN+3">.$
M1O2)6U.ZW8*J@D.#"K4>;CE\KE;2.$&U[$ESIMOE"EE6#+>=J0BUIN(1"4>\
M)A8`[#3!VTO:+/1^26X8I!'Z8*.=GF=U^IZ5O#LR14H3SS:%9URSJ$D.Y0I6
MLFU4[+@(I*K3J4"IXTD.EKZM$6-2>EV'VA8VE:W;.J^X&![O"36/)TL&\>/C
MTO9HBS994XAL55W1('&>.*FQWUBAT@94;V]%&(S@;)4Z-0G@6G:/)-_R?L"D
MU$PFN*R\9G/G6%.SZ2CZ_1])P^'Q%<WVI+%9[U)97UJ?"Y%R^*L`20R)FPEQ
MKEX7*%#+IIT/7N$[;W[A;-V%D)!'*ZL[GWR4]7W?:DWBW4'/EW];L4(EZ.X)
MM#G?E]/2:UP*YKA=?PMIE#1'433*FM$TK-EG-RG\8#>#-&"4_,#H(9'4=0H^
MR^B.M3NJOTBJ7)BY)X#F6JX9;/LBOXQ`[=LSFZ0OLXF39'89)H\G135J?FK0
M49AH1@0#V=Z%;,&(6!'7*K(R7=?/A-NNWU+I+K3E/`-WR1XF+U,Y6F<9'+JK
M>ZH3P9U7DD2%(@=W=(!S5&*P#),T[F&;&N`I]A?L"):@@Z&,\"<B7BZV9;[0
M^=<=/P3GWJZ\%UT6.6MC?-+O?5EM1</9%RF4"9*M8G%?#&*/&/;>4B<"$[FH
M]ZO7U1F]A*G:;6U\MK.X*1Y?DDJC%7./BYL.[+%KUJL29REGIRX&&UXO%:QF
M\5<WZ1O[S7LCLF*N3H6J1IU9`',MM+6_+V,.S!!9C52QSF+LWAPNJ'ZQTAG2
M-!]:)+_-E=I6#.M6\]P.FH98$8G$K12^1O+:7-VN5."D\M<@(1_+)/$G``)&
M@%A"L_&C>DZ:3^.6C>EY!*)-3ZOQGJKLBL*=K#F,9;+MO8%SG1&6NDM=F*1L
M+U.W>L*]$D4I&]0L.`DTY#6_*]0:&$,IFT`CMIK^=ZXYPN!B[M@=8-'3[2FY
M7Z7Z%MNF':Q4<9MI#&E4[KNZHXTH45JG<^.J0^'M"E^/="/NTS:LI4<86)2`
M-G'CKL".6+R=7ZZ+EVRF0Q*1V16*YMNV<M%HV`Q/]<V#((R_1M1:##L;38\<
MC+BD&@9GDHPX2MK3$Z-,&<`P6PT^RS>OU-^POCKX>?)#K?Q_=UU92GKK^_@?
MI1->V1;()`R(GIG6/;&>0:^,J1T0*GAD*=?G*&HUY:B%!B]J+=""A&)A*"R]
M*`!V(OW:UO>@UDR![8V+S%1U2_/C(PI3?&5(""E3Z[MK,F-/WU*TCT04H<U*
M4DP_8`"%H`1;%L(=[]/36\#B]:RF*F=R^)I]+E47,8B+-['(/?2Y&RF,9!_Z
MLAH/D'O(%PFTD_WG@#[!&Z%[AAUZ>HM>H>WDZ?X\JI"C[(+>V64U-1W;O*-L
M]!!CKHADR)KJ&.SI2E=W^1IF10X;VP19\=6YU6`-#L&DZ,9HM>PH6]!9OH3H
M[G&&L-3[GIL:NH=QVY6T;IJ#0\F'VF_S></3ZG/C4XA["H<C$BQM@X1">53Z
M4/0&I*3L\!GS=EA&%KS-;T8/6QZ,WH8M;,#O8@CWK>_4>A;]-BT+[?7]W`],
M!@,#SK[=?W]?[N!.GA4__9PZ'_[PONG_`$]R7`W!X#`8#`U#DLP/(_UU)%DG
M!ITX;X)M/\+1N)&^AD?Z9[F@QJ99*9A+$IFME2"J^/W(XIJ9D!@!(UUE!<%9
MVA#CB#>PV\8#`8#`BUDO*E)+--UO'+AJU_L0*!>ZB@3)8,2=9H%K:URAK<W+
M<60NY[YI`W.:0U,>=\CY9)Y0RQ[T,.]:#V8[NI>3S]^JB-V]5\AM**EG'2>M
M6.?Q1VG\<)3C**4&OT.0.RB1,Y9!AX`C$H3%Z"(8=;]-[U@>L1O*DY_N9:@=
MPU;-MUR<H36%J(V#$I)N"*$FE8E1$R^YG=;^%SDP4!^S`+OD"!HDSUUKV"]`
M\16\Z2G4(>+-A%Q59,:WCWWC]_V#%;!B4AA#']SIPJW?[XEC0[K&%L^ZDH]&
M*?G*`?(+WH0_;K?K@</70=![K/=TZN^H-TX$>RQ6SJRH9NLPF:7:;-E[G?WU
M^%M#TY;^G]/JO7Y_^3_QOA@9=J>1=;`SK(CCRUR^([C*N6-;W%71N>VF0,R9
MO-<BE;&[H5)S6XIEJ<KU).+.$4/UUO0O3XX$"<D]DTAV14]:V75TNCFGJ?U%
M6EQ.U2GS&'/%I5FQ6C%FJ5L#;8T8C+Z\J(ZZ%HW<LHSYG^1$:'>BQCUZ;V$M
MP2\:5M)TDS'6-P5=8SW"C_I9DSP2P(G+W2)*OG')_II,WQ]V<%;"?\],8#V*
M@%"]Y8M>GJ'>M!4GH/IOC4$=J:XE[94G4IL,ZMHRDX.^0535=K/-+7/?5D1R
MFF23H7E0Y+OP([Q]3+P&N(TAY#L%``S119@_:#87F;)=%'LR1$LTGCSN;$'0
MYDEI38]-J\R+O*9$F<E#1(@)%)HF1T(;EI*@:=3HHT)!H![#H(@[V%7*7[WY
M0O&AE/2\;N:!QRF45@3VLU\TG\SAL1:&V55_/'ZOUR1T<ETB&U-6I`O8=KV@
M"A04>X-"Q(K"6$"@&L">(%!:=:W.4VI6$0K9O>+J$P2J:6-!&&,IG&V!(&<I
M!%Y%)9<P)0*9QI&PB`4@5*5"K1:46@E"T`7Q"3,!@1K<5/UIT!5TZI:XX>T3
MZL;)CJ^+3.)/A(C6]W:'`&M##HPH92M`X(CP`4(UB8PE8A6$E*$YI1Y19@0H
MWPK9=E0";6IX_.BI@Z3VX.;&:.2^G[>DAQ9LDZ0Y`F*UQ9JNLN2J@@3Z=;8K
MEZ8UD,G9X"@_5N[:E>!Z`%])+"&R[`P*U;$8JAJ^R+9E.S0QFKX%,+$D8B/3
M9VF*%1YQDKOLG0OR?FZ;VPSV^OP]<"DOC%IYUAW-S1?5G!(=>F>T?NCJ7I&6
MF`$8O.E]E,+>[1&L$*H_9B@B!T#7JEMAL>0A%I.G0M.S]`^H5*3#0O38$)8;
M+@<VKB5$&J8Q8$1DD)D:8@WY!RAAE;,M8G@@D[01;)--;UY@0B]-^W>_7TP/
MSAW/P3W39W),$\>\[Y:YZNU71]5.=%<X]^J>K)[4+7!8K^#45=0JYYC1$1A)
M]@BNB(1-H;52QG0.#DQN+XW[-(<49!^P%AXO#Q9]1(K*ZG00V.O_`$%">PZX
MIB)*WT'<]W\M5U$GR$\TPGF*=-?2-/UXI,77#5SXT0@#V1MF4*'Q84Y+&<[Z
M8O1+A@6#M/QQ7R]\S>6:G(>A@AKWUM9M,/5"[<94L+2+HG6O.7)]3G[F;HX(
MG1T9593[3+OH@"@UQ/&1HDTPX1APMZ"3JYH#M6DYU;E&0FGZ`F-*7)WA,>N1
M]-3^8[<CXA7-J6FVW)/8>NH_3&5)'>_H@[E+&2%O)#I]QHR`M;FH.*-0#;C@
M@6J.&.S4E8<*\53:MZGB].\`7;'[7(ZB8K2T[.]ZQ^HF&RFFJ6J*525%$<C@
M=B6*=-D>YTL=5^T"4D#H!$:YZ7E_*#:-XZ:)F?,'!W(?.]C)6)%8%+\]U;7$
MW31E:%S8`2N+11M:Y`)J<@I4.G%&:Z$&C"?\DO9WN]^]>N]X&OCE#Q\=!4_;
M'$<QFJ*#;9Z#M3S#3*=&M\F^\5J1M[:Z--LRD36`@345]X+%$1/&%VUH9.V\
MT6RO4W0M[P,!Y]XI[6XVM)NOZ"5+5U\2*7-O:M1R^MG"Y"*^%"(W<?D!N+K6
ME+29):Y0U];W-@=(U9@D4W92DY;HG/(1&HM.`DQA`@COGK@KOCDN.4(HB53T
MK:\L</&6GX4LUH*N4<$C%/V6PV_9%DL5A%*UL+<UDWJ1:CLT],>G;"`OB43<
M4$M*8$\0R0P)T\:?><$K6@8K2<.9Z^OZ)\1\C\]D=24KUA*:P8&2Q*1KLN&R
M5N[%Y]DT>F=5=:TW$749JJ,Z31XYZ5-*A2TG;0ZV2N"%H)CP7U6^])SYPW%:
M[=*I=?+1R'Y#F2Q#K!"2X.4,KOG&`TO9L14URHC9JIDE\1DE9$N;>:%P4I7)
M,X$A+&0:F'ZAB'4GC2Z8L+H"Z.BX63IW`W=\U=U%7=?PGH26\_SJS*V1^/*.
M<>SU`TVW#T!;C5=FQN4&+7%F^<=MN=$"<Y$J4)BG$1A(8DM\<?02>L$$Q-YH
MVZV)(^IK#O)Z;XMY$.AVCMJLT;Y2<"IF&3N&]FO4D(CSG9CDTU^2BF<=&`N(
M+XZ)"G)&K5MHCUH;)./%O8%(Q[E;FOI!C#;\LDU==#3:UKY0RA.Y'5F;&;*8
M%M.5S,5C-5\+C=F2YS@-A%-CK*"RV$YX>H\K7@;3@*CCB`KUY#>#[]Z6MCIZ
M85DEA9[';'A\Z2XHB?XADXFA2;=]HV0QR>+)71+IJ6A11`QI0&?4N/N,V29Z
M!^2+U]<#$^X/'+T%T19T:F5<[K1&G@?%%9P./)9B^+DK%(KSI'M7F?JJ+U[*
M$+4R."Q/6,Y;:.5-*YT*+4"0_5@,TC/]ORQ!=2LI/W6OD,WM*:\I4-`?Q?+:
M%@3'6J6X$2^UFVN6EX?"[DMJRKB88<YQ>7?AIODVSH;#$2,`Q@1*-J'-*:Z;
M*1!L)P-5OD78T]&2CG[R+P[862;<]V575/W:H2Z$5JSN/>A;.BM:63!I.61L
MO[W*J^7RMJL!@$>(6VYQ85)9.P%N2W1H;4L!@,!@,#\V,B_M*_)Y_G%QE_JO
M->!*V`P&`P/F:42H).3J"25"922:F4IE!19Z=2F4%B)4)E!!P1DGISR1B`,`
M];`,`MZWK>M[U@5PKGC7D>GYT?9]4\R477-BGZ6A_&D.K2+L4A2A<O=IQTU+
MD3>6)CTX:&+1_P!%I/\`-T+>A^NM[U@=A)N2^6IK82ZV9CSI2TJLUU1;0.LY
MD-=1EWD3JFVW#:-?>BQ<@.TXJRVHP28M2<$:DLC?L`8$/PP)&B=5UG`W(MYA
M,`B43=RH5%*V*=&!C0MC@"O8)]7^"80%6F*`=^%HE]>?]W(O7Y*7YP_EAU[M
MX$91'D'E*`39FLJ#<W4E$+`CB4Y''YC':YC+4_LA2@*@!YC4N2H"QH5YI2LT
ML2LO05>RC-E_,^7OVX'83#ECF:P;';+AG?/]/3&U&8;6:W6!)(!''>4DG,8@
MB8U![DL0F#<53&(.MH35.CC$?MU\D0/37H$HHH/#&V32^:-\4CZ*86"C8F^=
MRA*UI"7Z8H8NB6-L:1R5T`7I6[IV%O<5!"0!PA:(*.&$/IH6\".U7-7/*U#4
M+:II&L3$'/[BG=Z,2:B+4234+DD.3J$RJO-$$%"B^RE"0DSV)M@+$,DL0@[V
M`.]!DZ6GJE0UJ?3*2LH$54"IM<V=35VXHRFP!0U/+@J=G9M/B9Z,UE.1.+HM
M.4FEB)V$:@P1G^/OUP,(B'*G,M?U_,JHA%`U'%JUL8HQ/8,(9H.R)8_.DYI/
MTXDTP2?2B%)$P$_^3++6".`47^07H(?A@2>Y0""O#[$90[0^-N<D@"%_:X,_
M+FA&I=H@VRMJ3L4G01Q<:6)0T))"RI"DBP!.PA4)RP@'ZAUK6!&<LY7YHG==
M1"HIG0=2R:KZ]T7J`0-WA#(HC<'"46,D(8>ATF!^&P"(-$6,*,1.C2Q;`/0@
M_#`3CE?F:RX3#JVG_/\`4$K@%=EA)KZ'NL"C^V*"$!3A2;3PU&E1)M1A,<F!
MHLTM%L@!X->AFAZP)9B42BD!C3'#(+&6"&0^,H"6J.16*M"!@CS$VI]BV2A:
M6=K(3($"4`A[%["P!UL0MBWZBWO>PPTZC:74L;W&5%4U^='9+8H;?D+$;%FH
M;4^6L!X02$%CNB':?Y"V:A?FI,LTXF:VITI3EF>[W!UO0<6+TO$HI<UQWJWA
MWN;78RU='I6:!`V(B?NNIFZ1(8Y\U0B2E.#VYFCE*O9JM<:<:!.%.F*^620$
M.PQ^WN4^8N@7=JD%Z\^4]<3ZQ-FV5E>+)@,>E[DTL^U9Z_;6WJWE$J.2H-K5
M1IWR@;T'YA@A>GKO>!B:OA?BQ?!V:LEW)_/BRN(Y('F61^"*:LB9L3991(TC
M8WR"0MC&-NV@1O+TA949*I0`&C#BTI01;WH`?0,[JOF?G2C&J5,5,434M6,<
MZ+3DS9E@L#CL=:)>0E3+D2<B3-J!"6C>TY*-S4E:+4`,!\M08'>O08M;#'ZL
MX\Y.HV6K9]37-=(U=-W!.K2*)9!ZYC4??P(U^][7(T#BB0`/9T2WUWHXE'M.
M4;K?H(.]?#`L=@,!@,#SK[=?W]?[N!.GA4U_^KAT/_=\A?=6]?W?_P"?<EU\
M/_MU@;@\!@,"MG9-W*.:N2NF.@D1)*ITIBB;4LED1*`?,(<)#$(4\O4>;32_
ML&!R>TB<C>OW?F8'6<14*1S%R3S[1GS!JWB!UE'4\V>3Q[,62FS7M/N36K-7
M,X6Q#4/$WLAZ=7=89O>]F*EI@M[WO>!:;`8#`8'Y&^.*],MZ`\XP2D./I_$[
MBKGR\]$])SWKY5`FB.UFKK*O>S>A-6>^)+R3*3'&1O5GU\0.L-Q8`3',(%`]
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MC2.S5J7.!B9)(&].4%K`I-#<QX[(9<S#P1(HA9],Q:GY,HDG1PH/%H;5B.C%
M,SALFF4O=X?9TJH9MDTN:*8L2V!NQCT[QI*X#(0KEPM_*2#,&C3AI<YWYJN)
M)07`$,I3QL3ZGKYXLXEZ,:>D$UI1QHI:)7W+)]R#**_9^<BK:C;Z0NM$OH+H
MIU996XKTBL08UIFV>N4-[KHHG016BXQ[%M$QV;ZAIRSZ^6R7Q*]A\RH%`^2Z
MZX2K2$6C,C^<GR%<X1M.U/CM;3@SJVZ&OK4CE$I>'9F3'*/G-;@,T;@9L+?=
M%T2NZ>AB!KX[\>MX\-N::?>-N)R&^R*WBM0VE%FZK^OHE+W!G@](K4SA#9@V
M\IPK3C(PS96!4T:.,+1MPG%+]1\L-J_BXK.<T3SN_P#,5JU#^"9M0MD2^$/M
MI)6S?X9[`1.QX).T]8EO:EQ>7*0SFYV=[*53@+DI.<$<T`Z$"V),%*,8:<^?
M>?)Q1A_)\DNCA"W)S4O*EW^4>%6A6<9I)DG!Z.S>B+^;;%YQZQKNM6<]9NZX
M%JD-KX<4^-216YQS;N(C28M*%482&Y/Q75!8%-\U2MKFM>N-+1^=]+=+V_2]
M!N^V@IUH>B+3MV23"L*S<6B/+G./1-:D9G+;D:PH%!R6/C<]MH-Z^EV`(;)L
M!@,#6+W>G_1AT%X[.J&8!A+O&>G4G*$[,3BT2%[IOLUF.KX3(YC![1J4S9T!
M'Z^>$X1[V$LUO%Z:U\P7J&SK`C*ZJQ:KLINVJ9?5!B1DMNLIY6+PJ)`$PY,U
M3V*NL5<%!18MZ"882D=1B"'>]:WO7I@5+\95R*[1Y'KR'3(DMFO?FA(GY8Z7
MA0QZTOA]Y4<U-L/E`C"/:#?X?GC>D12J/*0ZV4X1M]0*BQ"`=K>!L!P&`P(`
MZ5N66T=6@)77]*SGH&?/DPA4`A59P;8$`W&13J1(8\B>9E+5*->V5Y6T7`K&
MXR"0*R3R6ML3&F!)4';*3FAKDFWEDD55PF_&6SN;&J/]1T->W,=#JZ;1=`1T
M^JIHZ]9',2BKI@S=#/<&CR6/Q5%&ECHY/NGB-HEK.2R'B&28G-3*3@DPSO*^
M`U!2$D.YOI]-;G2]\KZ9I&,,O7#)8=)O;2T5'/;C<;!D5_PFIUJ1J1&,56/R
M!,WHF-R/.<RDP=F`*.-,3A+'*G<K;UZ\5^96U>.*"%/?+%1=$6/(WU[3Z6UQ
M*;^;6Z2U32^VU$A/2R"4J(0G<WIW4@5$%MS>)G."4<6\$C*"SUT7M37.D(/L
MB];-AE408ER;V0,DF[ZB8T"Q]=QC*:&!K^K-`>\2!V,*'I*@2`.5J-@%\LL7
MMWZ!B\%ZMYHLY'&W&O+XJF9H9A`)?:<85QV;L#H0]5Y7KXUQF?RY$8F6C"8S
MP22/21O>C-^FVI<H`0JT4:+0<#J';LWDIAB$&L!\Z2I1G@EF0@NS(!,G2QXL
M@B\LKLU]A,7!.F9]5.138JB6Y'9+`AVX:-TE"K>$A6QZ&<#6PZ6)]W\93FL;
M(N>*]/4H[573JTMNM2=`G[`E8*]6JBTIS:GERM<L2[8QOI2X@39\\(-.@3RM
MI-G:,![@ZT[R#</I::(Z%6]5T:W4JHE3A`PV,YV"P-D=)GK6RN<C7P-:>O5I
MCV^<D,+.I5_<QY9;D(@OWA)WH0/<',:^]N+7JRX73K5T_2RZSK$;8NZ0F&$3
MMD$\R0J;QU/+X:A;B]J=$C?I9$UA+FVM@AA<5K>:!020,H01["#N2O*1S!T^
MM00%78U:UOT"Z6A?]:M]`N%DLKS.U:FB[<L:N1'$$Z2LXC'R4QJO_P`3ELVB
MOO!,TK-&^PT@OZD8=^Q>2WE1@JZN)MT'?7.-,RBPXRZS!!$VN^8O9+4IB[9,
M)#$3I-&)6U(&84MBR%5'3OO%S(0%HVLXH\M2,&DXS-A?9E>F>2,[3(HZ[-C_
M`!]_;$#TQ/K*O2NC.],[HE*7-CLTN:$T]$XMCBB/`<0>2,91Q0PC`+8=ZW@=
MG@,!@:H/*@8W7I$Z:\=+(<L73WMBU(4FEJ1@<E3:_P`!Y9I6<1*U>C[>.<V\
M92N-)4D>8$<4:7#1A)OXJE;6!.+YOKL`2]77CAJ&LYW%+!9KL[E?76(/21];
MV:>]X]83^%N2I&+8BTDFA,NM=VC$H9S=[]#4:],>F.U\!@%KX8':6[X^*HN>
MQ)'9<BN/M.,/,G,0&K6.K>W^HZJ@:$3>V(FHH+!`(%:##$8\4<0A"8<!$D)"
M<I&8</6S#!BV&:O7&==OM!QCG539O4J2)11\^_T,T:.KN@&>[G!5]8]KOHY'
M>;=/T]IR5D^8_&@T@6NAZ311*<&B_:F(T`.JH?ANM.>IR*?Q.UNN)DZB97!B
MVSW5V#T==\,TE<34AIRO4)M"QI/%_O<@2,.B%FTOU"<(AZ+&'WB]0BI^\7U*
MR%Z>GU7?/D"1J7UU<G=4D9O(AV.S-*10Z+#EIZ=I:&VXD[>TMI!A^PITR<LL
ME.5H(`!"$.M:#5W]R)HUY"_(_'$:IV7(X^JX?9$BY_>'*0OJQ,U<HLB$A4]/
M[PI6.[X[*"B-#4K%9QJE2=L1AHQ#$(6PF[`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8'L#?H(._AOT%K?QUK>OAO6_CK?KK>O[F!"/BYX%JN[ZEZ
M.G4CM[LJ*.:GOGMAK,::H[5Z:J2(`);+TDJ<A0GA]>67'HXG7GE_%0H"G^<H
M,_+,$+>!NLM?C.O+A@]60&06=U+&VNHV@+*PO%9=7=`5?,I&G"U-31]594U@
ML_8Y-9SKLAG+,^L?5*Y3]2:>=[_F'FB&"D.,J[H1+/TD6L[J:7%V*PE1YW,N
M'J_H&YE+*D*+<2@K8.ILFP)(?!'S87,>]KVD219L0"M_,]2B_:$(-7BWI-G<
MFQT3WYY!U)[4O0N)"=R\BO93DWJ#4"DI442X-ZRY#4C@B.&3H)Q)H1%G%[V$
M6MAWO6!"WF+XL8;WY)ZPME',^B2+%A/+MC.<5K^$=$W1$*CE*ZNX[(9RV-DF
MI*,3%!6LT4ORM+M(ITX-:D2\K91)WO``&@AM?KJ;L5FU]!;(BZLIPC-@PZ,3
M>.KR!A,(6L4L9$+\T*R1@V((RE+>O+&'>M[UO0L#,<!@,!@817E:P"I8UJ&U
MG#V""Q73[*Y/J/QEM3M35J0SJ4/$VF+SI&E``K[PDLND"YQ6&^GN/5JC#!>H
MA;W@9F:<20'0CC2B0B%H`1&F!+#L8O7V@UL>]:V(7I\-?;O`ZTI^8SVC\0$O
M+2<PZ3FJ]O93BC,:/I2=CT<I^\@';1_3E;+%H0_?[0^W?KOX8#[_`&+[M*>/
MOII^Z#TXEA#K]XH_NTY(`'S!*BEWSOI3$X2_RMCT+8=:^/KZ8$4U/T14-VGV
MR17$N2OFZ2MB24G8AQB=4VD-%B1%B8Y#(FA.:Y%)0N25M;G\GW+"/>E&,L[0
M#!:*'O02M]_,?W/^(?OII^X/IOK?OS[Q1_<_T?\`^]_>?SOHOIO_`-)[_9_=
MP/H>\M"5(6O5.K:F0'$EJ"5IZY*2D-3G"(`4>6I,-"2,DT:HK01:%L(MF!UK
M?Y6O4/)+NTJ'%8SIW1N/=V\H@]>U$K4QKBA(5!]R8Y8A`:)2F*4!^)8AA#H>
MOL]<#V<G5K9TX53NY(&I*,\E*!2Y+$Z%.-2I'HM.G"<I,*+$>>9OV@!K?N%O
MX:UO>!5^5]>P6.=9P'C5KAECSFUIA6ZRX9&XQ%NBPX54U9%/:V+M<KLAYD4O
MCSB47))0@-0H4;*B>7`0@"..()3Z^=L+7X#`8#`8&L[R;F_?$9XQK%&`P]]M
M/R/<7I6A,G&+2O:.H;0(Z5F:TH)8M&:*:Z_I%U/-'K\D``?'[<#9C@,#7'TM
MRQ;+%;PNUN(G.,QWIDJ.-45N.HIJN5LM+]HUK&/J1QZ%68Y-J5>I@EO0<E6H
M!"I^G2+%+4$\;:Y)US.=\E,$F<R=SU!TB\.]9*4DDI#IJ%(2E5H<I76C21&[
MH-K>]EC>43-I8J:;)KI4:'U02V+*WB-N!0@;+5Z,V(H`70P&!3?O&:]<PCG.
M1J^'ZD2V[T(^O,?BT=2+GF"-B.!,;VLV5*[2$VV+,8#&9BX0EC*-.;60YV1E
MN3J8E+/,"D^H%H-6\+YRL)KYL1,SIXN'^XY%'NL(!T%?;'V_:?,MKWOU4^K(
M_(V:9=`PF1P>SY%3H;QKLP+0!E8Y(;'XRGCY&VAI+1%DI/D!*_-O%J5GJGOR
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MI6-]<HRP$&:.3_,"<N_/'QU'='2'1-V5-''L+`7-/%E;T300.?5M"9W<JODR
M3]6#M*,11UG*=ZBT:L:#H;8CS[&U<J0@95SHUID^U!.B]J$P8Y`N`>@9=:U5
M7?(Z=NH)"KR8<W7]._UL;QHNQKD<*MH#DWH"LFRW9G$JB9FJIH@_-4[GS(U-
MC<S.DC?5:!L1+58T^TP"2`SBQN5NMF;MF32N@:9L^`L<Y[-I:ZYBX*K1Y]MK
MQ_VM6["JJXFQKGGU/VVD-Z#I3K5JAL1.;FD5>HTY`WUI:G#3ALDQ6,D,@A'"
M'0$>YOXT@_Z+V=NF]6^9&QNP+*3$2.%:4M].R3I?J.8H;"/>$KG],^/:ZL[&
M9-&I"#3G72=3M(,K7R3"@!2;D6']#<4=3<V5@]\>NU^W5#?$U9<=E5=P:PZ4
M0RF&EROO&</S+LJ06#-XW!E\)F&G%`2^G(W%0J0`+(,^D4A+.`6'Z!O'=SW,
M^4N(>9^>+$<FESG%5U:R1Z4?AY2H61IH=S#%+HIBD55JB$JE7$X6)P^Z&LT9
M)(C&]"2+Y9?K[`A<_`8&O/H/OQAAT[<N;>7(2IZW[)TG)T=3D$=R4<)IPI?O
M9:68=56\!.Y1BAH8E#K9VDJO2J4O`-:+:6A<,?J$,IY$Y%>:6>)Y?-\SM+>/
M9=YI6<BX;?3M)[)%8U%6(Y8MB="4+%5JIP4U[0==*7-2-$C&><Y/CD>H=W<]
M0O4_Y$+QX#`8#`8'YL9%_:5^3S_.+C+_`%7FO`E;`8#`8#`8#`8#`8%9>J+K
M?Z<A<+:Z]1,[M=%XVM"Z*I1ID!*E5'PS:9G*UKI+)*C0J4:U9%*V@C([R%Q)
M*.)&I);=)]&%B/"/00I-;UZ/MGH6T.;^1S:=B2?G9I@>[YOJ\8O+IPUD3RQV
M(<IB]85S6$.DT,V[O1,2T4Z/#@M>BDK>%62G+*,-_*$'S0W7W<QUA;L>D_,D
M4F/1D#L.`0&M9="5[XT<W7+&;&4MX`W8`MV7N-@1&,U,@4*#IDR[&J6$'I@E
M(U!@3MC)",)=UGTS04IZ+I^Y1T39T^@7"]I=HU98%3Q.;0J-$AKA8MCJB!6O
M7\DFLP<T1#E(?D'M+DC=R?O1$2J+V44<5L6@V#4#-W6U:1HZRI`G0HGRS*EK
M">OB1I+.);$CO-8:QR)T3-92HY4H*;TZUS&`@)AAHPEZ#H0A;]=["$>".@9C
MU-R;5-\3YLCS/+9T98`'9MBB9>D8$^HI9\TA+?\`0)W->YKB]GM<<(,.]YX_
M4\8]A]H=Z#H(D/O3JKHNWKQ@7(RRAJRK+F^=[J"<7+><1FUHN%AW0WLC6_S"
M&U[`89,(`G:(K`"7M*C<GA>Y''J'`P8$R;V%B%L/C(>HNG*KYOE-U7Q2K!!'
M_G.YD+%T(A8/O-[@UK<\)W)N:)3??.SJK<`/[<V-#3)2)`%$\$G*0!9'!N,U
ML1A2@`;'RS2#RRSTIY2I*H*+4)52<>C$ZI,>`)J=209KX&$*"1A&`6OAL(M;
MP/;`8#`8#`8#`8#`\Z^W7]_7^[@3IX5/_P!G#H?_`+PONG_3W)<#<'@,!@?!
M4E2KDJE$M3D*T:Q.<E5I%)0#TRI*H+$2>G4$&A$6<0>4/81@%K81!WO6]>F!
MJT\<S\JH)TLSQE6`K/*EG)VMR#F]<YFFB-M/A"8OJ[5&2%F5*=A$[.%%FB-K
M21@*#[D:J/H%9V@ENZ/9@;4L!@,!@,#35YP"H:HYFY[2V-#Y+85>*_(/Q"EG
M4!A[,[222S6)'W6SEOL9:HPPA&^2DQV0"&6:U(PC5.1&S$Q0!C-"`0:L[*AI
M`#;FD5/<A*D'CSM_N/G5TKICMCF3I-51-2R"`<S3]/<72SWP/63?`;+GU-SZ
MT"XQ&4+*ZM39%54T3;DJTD19)*M0&%\O<6.]M6+S_4UZ\T2>4<QM?EC[FGAT
M&E?+LNH2C=TQ)O'RQOM<20CGY_62!MK&D)E=RI0K9V1P5F)3'PS92DHM>(]&
M6&<-7&47471(Z%-Y!?VB,[\_2.YK*:VZ@9)':NF7*,BY%N/]%KZXS!IBZ*!6
M!3J28#6(E[?I:L;VU8Y"1.2<G;C\I0&,7;RS;$%E<GBK%52F!<&5MY:K_F;[
M7+CR'8/3M%Q^$S?BBAU-16$3R1`9%!UUC<^L]^N,Q%L+'I8QQ^7N);D8@'I(
M8-,&>\Y\,)K7M_@*.733$_M[E=FM'RB6-&HE;?+;U0])P:-29NYNU4[<T<\R
M:>VFLK:FI!-VV12"OV&9'H'`@1FC4S4B+2(@EADO)U6/=7>1J`*X-1,NG[JZ
M=,]6N-JN]Y\A6?2G4W-L3L(FX7URL:6=Y020BYW[,H65O9K8VP]@>].[IIG=
MV<279*QD,^D"[?=T+K3?>E;V+VK0<QZ'XM#R%,()6;2@H:==05]`.H'&SRU\
MU6RNHZ_B-@.35-+(J<32WQB1J6<1*;[L<41*Q*<K]BD*Q>*KD:QJ]Z[I2TKX
MY[D$=FS-XS"VEHL*RXDG?9["3%W7EU)*BK"86LI3N:HZZ(%R*X1:-O!!CFH=
MB6U'I*>8,D/Q#],F`P&`P&!JDK5S#VCY"GV[6@6G'F_Q[(+#H>J7XO0]M5E=
MD6&0B9.BY@P'Z,T4YL?/->H00$A8`(BAR*02A&$6Q-XM[#:W@,!@5MZ.Y$YY
MZP9F1LO"ND$D=(@N&[U]/FAP>(9:]7/^]!]DCJVUX:X,5A5X^@$`.]J&EQ2[
M.T'0#=&%^H-A48NKO)5RX7L-,7!!^^JH;]:^CJWK!<74/2K4V$`T$MLC?4==
M15T@EBJ0ZWO109?"TB\_8=;4OPA;$/8<M-Y5J7@)Q+/V/5?0/!LA^<6B/<>C
M:V5GTJ>OWZ!.TT=/U.JLCG=0@"+>M@,72-M4"!O6QIR][V'0;`:WMBK;CCA$
MPJ*RH!:D25>WZ:45Q,8[.(ZH]X?<'1+U&7%S;3=B#KUU[3=^NL#/\!@,!@,!
M@,!@,!@=)^&HY^(_QC^'V3\7?<GX:_%/W4@_$?X<^O\`O3\/_?GR/O/[D^\_
M^,_2?-^1\_\`RGM]_P`<",+GZ2YZYR9=2*_KQJ6EF08!F)W&T;"BD&(6^S0M
M[*;M2-U;C')2/8=Z`4G"8:,7Y(0[W\,"DPO)D7:_M0\0<H]*=?GJ]"T@L8,,
M4\W\U!$#>OF*5-\]#)82GD;84$7N^=#V:6F&:_WLHS>PZV'&.Y;[@Z?T+?8W
M3Z*D*O7?%9S)P8MDT+/=D`A>[;-9?7\H(;;IDJ10F,$0J*AC57830^H1&G`W
M\0O71G/M)\SP!!5U!5A#JH@;<<<L!'H<SIVPE<Z*_9]>_/BP.AN4DDKJ,&AK
M'-P.5."TW\L\XP>]BP)AP&`P&`P&!^;&1?VE?D\_SBXR_P!5YKP)6P&`P&`P
M&`P&`P&!KQ[03FL?1?C)M%R$(,)B'5\T@,D4#U_Q)ID%\4%8-<UF[KC-ZV!,
M6;-3"6PHT6]:TI<R@:W[C-:V$?JGB:\3]:=26+(:7NNV.>>NG&K[0;IQ0M=N
M5MR*J;;@L`25C,8;/H!&#39F".RMK8F]R:W5(D5)RSA&IS?;OU$`.-,>ONT&
M:F.A[_CO(<]5-:Z202"\;46\5U(%E\+BEC<J(G%XW]#HH[/#G'Z_+<_^.-S"
M`M,\?3)0D*#"AK2C"P@"MD"&4\X=RQ1MI_N"9]:7SS#<3I:5_='\SOM2:MZ4
MIZ^>HW#JMK=.:XN#7%8PR+)'I-%(:W`]I2;1QQ@SE'S#!!:'C'K0@BO^7*`D
M'+?<L)ES'6E/5>_R:<\O2N,UE'I%&84PQYY7ODZ6.8D;=&4KBVF_\?&5[-E>
MT7MUZ^F!6GQV](O/-G*].<[6CR#WNEL"'/-AMCXO8N4Y>]0DH4JN*<29I7D2
MH+DE(/:?N:0IC3E'RM!*_+^&_;Z["98++);P+</5L2GM#]!692-\]"2SIZGK
M:Y\JYWNXA$\VNTL'Z1:HL"+Q`9LKB;\R3%D-/:UIJ4;8X(5@=[/)$7L.@\WA
M:]X2_P`='?ME=&5:54C/.:\N&*<\TP[(ROTM)(%-8:76M9-MN$('9Z:OTHV3
M8DA`80TH_P`MN)6)TQOS#_=[0V15!&'J$5#4D)DAXE4CAE5UQ$9"I&/Y@SWZ
M,PMD9'DT9G_X@QN2$W>Q?N[^.!(>`P&`P&`P&`P&!YU]NO[^O]W`G3PJ?_LX
M=#_]X7W3_I[DN!N#P&`P&!2CLSD]TZ$:X#8]0S5+3O6W/3NZS'FVZ3VTYV:V
M9V>$9"*7UC9K(D/2*YE1%PM*,ILE3,$XLT19:9P1C)<VY`H)#C\C]HM'0BZ5
M4_9T.5T!V'4*-&*\.:94YD+GAE3*3A(D%F5=(0DHT=O4',%1>QLDK;"_D#]W
MTB\I"YE*$)07?P&`P&!&EG4[6MS(X:WV;%4DK1U]9<"N*'$*U;FD"QV56#\G
MD\#E1`FM:A&>KCKZE+4%E';,3&"#Z&EF!]0X$EX&OBX/)IS-3D[L.`K$=YV6
MKI72470$FHGGJW[L@?/X53&GE.B;=F==1)]9(Z[)(JJ*=%C60:L=D#88!4I2
ME$&%C$'-LWR:<?UB&+FBG4KLY))Z;9.CA.%!51:'0#;%N=))I:)@OB<KZ@B4
MQ2P^K7PML5C0N2X16G`M$J&E`<!*H$4$ZU7U-1UV6+-ZOJZ:$S"20"MJ3MU[
M5M2!P-C"RN^AVZ6N]22:.2O:;3!)4,I:X2O/#]$>=LDH)8C-!T<7[@[^"7Y6
M5D6O>E*Q-X6KK"YQ<Z^:+8:SV5U0)&1=:$'16+#BT#LL2$MK\%?%7`H\P2,T
MX*<P6RC=A,UL.@@.[_(-0M(64\4Z8S7?<=H1&.LLQLF%<WT1:%^.]31&2!6&
MQU_M#=;QQ[10[\0I6Y0H;FY0=]\N*4D1Z5&<3Z#V%EJ:N6KNA:NA%U4K-F2Q
M:LL9C3R*&3./'&FM;TU'C,)V,(%!2=:A6HE9!J96D4E$JT2LDU.H**.+,+"$
MF8#`8#`8&IN\>A[)['GTMXSX1ERZ/L\?<CXCV%W)&/DJ8YSPA]``D=*T$]F%
MGM$ZZ_>VTT2<9J;ZELK4L_2]S$)T"B:S@V*TM3-:<\51`J1IV*-\)K*LXV@B
ML/C+;\XPEO:T`-^IJI6J,/7NKNY*C#%2]>J-.6."X\U2H--/-,,$$GX#`8#`
M8'S.)*4%&D'E%GD'EC).).`$PHXHP.P&%&ECT(!A9@!;T(.];UO6_3>!0BQ?
M%QP)9<D.G"[FB#02Q#S##S+/HE1(N<K1-5F"V/:U38U"/=<3%>J"9OW:$H6G
M:WO6O76]?#`P'^K^NN"`-%S[Y,NVX`'8M[3QVXW*HNM8@07Z:^6G$=?%9OUK
MF$@]NM;V&7%F[#]@];^.![CA/E]A``$1^_\`@B_TA6P_E67SS=U!212`._38
M%+_7=X6]'0&C#]IA4>`'W?'1>M?DX'T-N[RK14'RI#P-S)9@B_\`'<*<[M>F
ML:C6M^F]IV*WN68062(6OCH)CGZ:^S8OW<#W)[.[-;`AW+O$OTX'T]/FF5Y?
MW$$Z)UKX^X1`';HR"N!P=>GPT).6+?[VL#Z?UA%G)]E@=/%[Y(D)HA;"/26'
M\J/I)6]%`,WL1[%UJX`$'8A^S6P^OJ+6_P!SXX'"+\D,N--"2'QF^3C0QB]F
MMF4Q2))6M_'XB/-Z/`0`/P_QA"T'^[@<P/D#MM;KT9?%KY&EIHMC"`+FP\BQ
M@O>PF!+#L1S_`->(@EECT+W:V+6MZ#K?KKU^&!\C^P^Y7,.MQ+Q,WJ5[][T6
M;9?3G&4*(#KUWH(E`(G<UGN)0?LWOVIC-ZU^YO?PV'C]*_EHEQ7MCO&7&E1^
M[7Y*RV>UK'G*LGUUOTV9'JLY/^C-&#]T`7D(=[^&AZU^5@?/=5^6J>$>R5]?
M<=4*2/7H-/1G),_L^0%Z%Z>[1$ONKH$F/_-+UZ^TP<5$#>_CLK]S`;\<,CG(
MP']%>0'O>[@G!V!SC,>M^.<MP%>6,.@F)?N/D:"TE)=H3->NA%*'M5[@[]-B
MW]NPF6E_'5PWSZ]`E=5<O5&RSL!WU&[.?8T5/[;.4?;L]5;=A&2JREAHA;]=
MB-=1[$+X[]=_'`NC@,!@,!@,!@,!@?EDMNZZ7J[R<>2YML^XJGK5Q='GC=:U
MM]AV1"X0O<T1',;22>L;D<H>VI2N2$G"T`9I01@"/>@[WK?PP.^_6[Y*_:KY
MF_C^J7\[\!^MWR5^U7S-_']4OYWX#];ODK]JOF;^/ZI?SOP'ZW?)7[5?,W\?
MU2_G?@/UN^2OVJ^9OX_JE_._`?K=\E?M5\S?Q_5+^=^`_6[Y*_:KYF_C^J7\
M[\!^MWR5^U7S-_']4OYWX#];ODK]JOF;^/ZI?SOP'ZW?)7[5?,W\?U2_G?@8
M!:5U\*7/`9'6=B=*\TO,1E!"(#@F3]%U>UN*18U.:)\8GQC>4$T)<6.1QQ_;
M$R]N7)A@4(UJ8LTL6A!P,_!UYR:'0?7K#FLTP(0A$>;T#4HCSA!#H(C3C-2X
M/O.-WKW#%Z:]1;WOTP//ZWG)?KZ_K6<S^N_MW^G^I?7X_;__`'?@/UO.2_VK
M.9_W_P#Y_P!2_GA@/UO.2_VK.9_C]O\`_/\`J7X__P"88#];SDO]JSF?^/\`
MJ7\\,!KKSDL._4/5G,X=_9ZZO^I=;_\`NF&!'T_NOA:T/P27..F>;7I#`+`C
MEH,#0+HVKD[,?-8?]8=$W-_;2)D!/(4\:=587%&E5:&G*<TR95[-FIRMA"0-
M]=\E;WO>^J^9][WOUWO=_P!2[WO>_MWO?XO^W`?K=\E?M5\S?Q_5+^=^`_6[
MY*_:KYF_C^J7\[\!^MWR5^U7S-_']4OYWX#];ODK]JOF;^/ZI?SOP'ZW?)7[
M5?,W\?U2_G?@/UN^2OVJ^9OX_JE_._`?K=\E?M5\S?Q_5+^=^`_6[Y*_:KYF
M_C^J7\[\!^MWR5^U7S-_']4OYWX'G77?)/KK_P#6KYF^W7_^_JD_._`O)X.'
MUCD_+%ZR*,O3/)(\]=_=PN3*_P`?=$+VQO#:KO>1G)'%I=VP]4W.2!42+0RC
MB3!E&`WK81;UOUP-S&`P&`P&!4_J/C>I.K&^++Y49*(!;E9K5;S2O1%3O.H;
M>5+R!84$I8O@TS*3*PFLSP46$IW8'1.XQQ]3!T2XH%1>@A"%3">KNI>*]?<'
M?U>J[AIAN%\EM[XYE@3P[LJ-J+]`$N/4W-,<`_SNFW(DDO9B^114$DAHA"V<
M=IC)_P`@`-D-6VU5UX0=DLNFK%A-JUY(R/J&*;5[)V:7Q=U*UZ?,^B>V)8N;
MSC2!;]II>C/F%#]0CT$6MZP)"P&`P&!^?WFCK6DO'.5V90'7&IQ"+=6=G]8]
M`P=$155@S-VZRKGH:S'BUJOD-+'Q&+O3?:DJ#'I,EARQD1'FNC4YL6TR@@A-
MI.8((DZH[_B\?9ZOY,2P1K\:-AWWS%7[_P!1VDY5@^31[Y@I=[3O#;'>=JCU
M5%9N3#/>CFYI?74#<!;I+%J_)4'+Q`7*3"6Y0'(Y_P"E^+^#^Y^C$;],G>L>
M>9;PAXN8QRTY+*ZN.2M\IK*KX5T&VMQ#>X-$'?%H5,<B[ZRA5%./TZ\(E8/F
M%^_YGM#-*D[QY8YL\B'DYE5VV,[02.WRMX>L.H7E75MONS=.H85R#"4Y[XT*
MX]`7<D):54I"2>2=LI20=ZEF%@&'>M!GE,]0TGP-TKY#6SK1]?JV2],](,/6
M5!W"[5]8#[%;SJ.6\YTA7Z"$Q"0QB+/NU]AU))*S<&DV)#^6]_1J42A(D.*5
M>_0;3>/IVIL_GF!V&?SN\<K)YH;+)(STE)&]J9)3'(\[S.0K8\_2N-L[:U)X
MG*;"9CB)$XM!Q.E[6L=3$RT0EA1^]A9C`8#`JOTEVGS=R@2R);BL1,CG$P%M
M/75-P]K=[$O6TW+>QEDM=94S!T+[8LT4&J0Z*&:C;QHTNQ:&I.(*T(S04]40
M/M3R`!V5<X)?P)QZY:'I324.EZ$/:M\,!X=#`WV_:D(<7&/\Q0=Y3""!9'X:
MXN<O4DB,)4/S5O9J38;*JJJBM:.KR)U-3T&C%;5K!FDEDB4)AS0D8X\Q-A(A
MF?(1-Z(LLK1B@\T9QYHO<<I4&#--&,T8QB"0,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,"(IAS[0MA/9TFGU(U%.)&H)3IU$@F%;0R2O9Z=(4$
MA*0<ZO3*M7FDIB0:`6$1FP@#K6M:UK6!B_ZH_*/[,?/7\2];_FU@/U1^4?V8
M^>OXEZW_`#:P'ZH_*/[,?/7\2];_`)M8#]4?E']F/GK^)>M_S:P'ZH_*/[,?
M/7\2];_FU@/U1^4?V8^>OXEZW_-K`?JC\H_LQ\]?Q+UO^;6`_5'Y1_9CYZ_B
M7K?\VL!^J/RC^S'SU_$O6_YM8#]4?E']F/GK^)>M_P`VL!^J/RC^S'SU_$O6
M_P";6`_5'Y1_9CYZ_B7K?\VL!^J/RC^S'SU_$O6_YM8#]4?E']F/GK^)>M_S
M:P'ZH_*/[,?/7\2];_FU@/U1^4?V8^>OXEZW_-K`?JC\H_LQ\]?Q+UO^;6`_
M5'Y1_9CYZ_B7K?\`-K`?JC\H_LQ\]?Q+UO\`FU@/U1^4?V8^>OXEZW_-K`?J
MC\H_LQ\]?Q+UO^;6`_5'Y1_9CYZ_B7K?\VL!^J/RC^S'SU_$O6_YM8#]4?E'
M]F/GK^)>M_S:P'ZH_*/[,?/7\2];_FU@/U1^4?V8^>OXEZW_`#:P'ZH_*/[,
M?/7\2];_`)M8#]4?E']F/GK^)>M_S:P'ZH_*/[,?/7\2];_FU@2_$85#:_9"
M(S`XE&83&TIIYZ:/Q%A:HVR)SU1FSE1Q#4S)$2`DU2<+8C!!+UL8M^N_7>!D
MV`P&`P&`P&!KQLWQH4!)9N]7'1[M8_&-^R!1]>_7%R9)4M9JYJY`V(TM3;58
M*VF04?=7O4>T1HY5&756((?0M05O?NT&$A?/*WSWL*=[AG/_`)#H$C"66!_@
M+P'D+IC:?0O<8>X02:*YGSQ/'4!7KH1B62P9.:/TV%*5K?MT',3^6/F2*'%-
MG3<;O_B)],."F$3UG2$R@$'V?[M@,VDOF-IIMSDY)@&A]-&IY>8$6O3?V?8%
MZ*ON^E[O9PR*E[=K&W&`0`F:>ZQGL5GC3L`O@$7WC%G5U2:UO>_3_'^W`E#`
M8#`8#`8#`JK=G<W&W.(S$UY]0T56+L#TT7&939D41S)<9O\`Q4[3"0.9TM>5
M0]_`)*1$<:+?PT'>\"M0O)*[6AO:/CGBKK;ILQ26$;9/Y'7H^3Z%.+%O>MK#
M+/Z@%7+^\M@?3UT=&XU(Q&!^)8!_#6P^"BC?)-T7O8;XZA@?'-=K?72RJ.'&
M0V9VRM;3PZ,$W/O6=YQH&FE2#TT68;%:^8EH-^[9#CK\D>PLSSEQ)S'RH<]O
M-.5@@;Y]+M!%/+CF#L_65>=BJ/R!&*)_=%ANDFLN5Z,/!\P)"MS&D(%O>B"2
M@>@=!:W`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`^9I11Y1
MA!Y99Q)Q8RCB30!,*-*,#L!A9A8];`,L8-[UO6];UO6_3>!1RT/&5X_+B=3)
M%.N0:(.EIIPE(YW%H(U5U8OU(A!'M0&Q:Z+BLX`HT,.A:&%PT(._CK>MX$:"
M\7=<L'RP4[U3Y"*(1I]^J-GA/9]M3V.(=>T(0EHXQT6OO&.$$EZ#K02])?9K
M6O3T]/A@>YW&G:3('Y4#\L/1>DP!;^2FMKGSC6S-Z!KX``H<(_1E8/*GTU]H
MMJ0B%]OKZ_'`]D_/7D^0;!I-Y)Z7=@!%KUW*?'NV*SS`:T9K>C#(MU)#2??O
M8@[]0E`U^3]GQP/!5(>5@0S`J?(+RJ43L!F@&I/'A*1*`#W\"Q^U1VYLG?MU
M\=^NMZ]?W/3`^1O-/DO<A:TY>3Z&M!6_3W_@3@JN&A1K7IK0ODFSBX;+(!O>
M_7>O>29Z?W<#ZCX2Z+DY?LLSRI]OO(!!#HU'6<<Y!I-$/T]-""%3#^9%$G(`
M+7[I;F$S7KZ^_P!?C@?`7B7Y4DA6@75(NI^F!>H=F$]#=C=,6!'U'IO>Q!45
M^79K-6AI!GKZ"*VR_)]/AH.M?#`M/2W'O)_..@[H/FJBJ<4Z+^48Y5O54)B#
MRK#O_&$X/;(RHWAR-'_Y1B@\P8OW=[P+'8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8''
M5A4C2J0(C22%@DYP4AZ@D:A.2I$6+1!IZ<!R<9Y)9N];$#1@-B#K>M"#Z^N@
MT<P^T/*ZX=XRKCQ\Z0X>4M<!YSJ'I5[F#9QI<:!<_,MC6U9]<+X*WMJGLI>0
MRN*!+6!BDIT&:L+V->`.TOH2+Y@9GS!Y;X;/),_5[>\5GL4?E7>?1W&,,L^-
MTO89'/GXOA-YS^!4A6[[::S;JS;LV;PZ.M^CU!(]-!CVKTEV8D4F@1A"SL$\
ME?,]B6A'JZ8-VJ3'YU8DIIZKKY>:CF[/SA;5N0HZ1II)7%<7*M;"XO()`G60
MQZ3HSMB);'I4T*B&Q4M.+]FPX77'1UVL%[<Y<<\ND5VVWAT/'[<LQ\M"V65\
ME\#I2CZ1U!VV8S$R`1N20MXL&:R&7V<Q-#$U_?+6CT8>I5JC]E)/ISPZ!HZ.
MZ!Y+C-R.OD.6UK):]AKU53/0U]T#"9.V23HF16NYGQ-OILGEU'*+7GS==C?.
M]H$"$MI7N+;(27E.:0%(),N`4'&6^67E-DC9SA*T%Z0V?([L@?.[G0DDHNP$
M]_MMN6Q#)//:DCAM8H6QP<US?:<=B2P3$[HC%3*L.+$5]6`9*G1`<&O_`"Y\
MIV'*X;$T3)T+&3I1>&^7WY_G'/\`8L6A]5].FKE#:U\^VI*5[7]T1JRWU66G
M"C*),6-P_O)![U8/KDOS0R"M_*ERS:,\CD-84]SM;%,+JFO-<6M^6TQ.(M2;
M_P!"P)^E4;>Z<;K&=F\AK-EJETA;@2WF["%J<E1/T:98:OWI+@<R!>4#FNP[
M%A\#:F6]F9HM%?8[-2UN3"C)_%*8N]^JB/2B731BK"=O#8F(=W$B*P=Z<F_:
MHA$0]H6M0>VF*RP:$(,)KSS`\CV8WL#ZP-G02&,6!1=A="TO*I-S[9$;8K^@
M53P]).;'24L<ZM"=9,Y=%XXM`?\`=7R$ZER+T(QNTL)`(W06UAO7%%V'-J1@
M$%E*B6/O0=`N73]<F,C.XJVE11Z`^`)$LX?771`4D=1R!;9;82UE*A%GKS?J
M-%`%]*?LL-?GD$\L\6YL@E[M5&1J96#:]*3:G:UE,Z/INPI9S7`+.LR=5>D_
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MN<+4%1[]%;ULNWBZ?U?IT`HRE9K:[XFI\B4.L.=YPL,CB$;6A;F)]:1$J"CE
M!:LT9Y!:8I0:<`O88),O*OR;&VV'O43.M^\&644-"^I75UH&D[%M9+6_.5B)
M'!?"+>L\$?9!*XBQRA`R.)Z)N&4;(%)#6L,+;Q`3&B"'WYR[^;NC^S.A^<H?
M!WI=5E643S#=E;7NV,[LJ@]GL_0+1,I&6XHY0+86+[C<&-N;#(Z,C0QNOR78
M7NUI%[<#(;(\DG-M7V_(:B>R[9>?P!,:\KFX+4AE0SB74E2%A6QJ.CKR%6Q9
MK*V*62,OS^3,64XX(/J26=.\(CG0Q$4I+'L.`V^3CF!UMEOK!,.UP,+U=;CS
M5'K]55#-TW-<DZ(:7MPBJ^FF*Y3FP,;72T$S:%;"2?\`DLZN0)3&M.M.7ZTG
MV&%07RW<KV0\0I!$F'H9:Q6@^6=!:IL)9S_8;36]HV]42"?N<SI."R]U;$:!
MZL\M-5S\%"D_R:)S4MAZ5(J.5%C)"$.\L>9.MKGJ3C)PL.H;S9NA.OZS-L]A
MIJLZ2L>>A:HFV3:.P:33PUU1-ZDEMJF-N4N;S39`XFI$YJ(S:@(=>NBL"P$+
M\HO,]G2MCB,)%:*=OLQPL"*\_7/+*AG$=Y[Z"GM=,TF>GZ*5%:S@WIV"5K]-
M\-=E3>(0TB:0)&I4<T'+BRMCP(P1^0NQ8[X6&KR72BO6N9VJ5Q`U=+.U>PEL
M?4T47S9=72>4#0EI?KGQ_8X"A=U.C7%4)0J.;F@H]0(8_E;WL(>;?,BTP:[.
MG&*^:IN-JJ"F*5Y1NX;O`^=[.D<EI>#7#7,NEMHR_I83:I>TD+8HDX,(1$)2
MR?O0AO3+#]D*B4YQY07'M+R;\P5-.Y5#WD=K21AK(F%J+QN*OZBFTWH_G\FP
MV1JE$1,N2S&-M4,D6`MB3\WO*S97U>F1D7IG%TVB0G%J!!.G4'6-0\AP2*6'
M;Y\N,99U9L'IV'-\!A$EL:42:Q[)5*6^#1AEB\00.CTX+9(Z)M)4_P`HD0?G
MFEZ%L.A>[00`;Y0.9TT'6R%<WW2AL9#=*+G0SFA13<S%TX==SI"/THM$!15&
ME1J'%<)UJGUE1+P2>.._AT!BX3@$DHT0`@.>^4AJD$WYB0T<H2L<3L.7=I5S
MT*VW'6$Z:;4HN?\`,?+LFN\F+22NS72-/32_M;FC;EBY(("D#PQ+"C6X_P"6
MK3K-AFC;Y9><HI7=7NTV>K$M)>9SK0=]7W:-'\[VHZ553$-N^'(I%%+)M9`0
M&5/-/QF9I@+'=*R*U3N^,[&2)2O#I*5M8,,NUY$JT@KC<K7-),\6[+FKKR5\
MTU#3]"T983G;;V^Q>E*\N%Z@Z6/&.[^&Q%\/B4C52!XF"83+%TC4>22;\D\@
M0U(=HX^47FL,8K9VB+'?%GS>SW*W&AJHFN*-GC[?L;<N?G1A8;X13^K5C>U/
M<'5U)()4U(74IPV2:<I=46D(5@51`C`M)^LO2A/.0^LW>:E1>@D]6&7.YSJ8
M,\@B?W%7:=@%)ECQ(8Y(&IOE;&M0-18MGMRE"6Y%'AV0(CY_^3P*:*_+OR1&
MH7:LUM-%?-&$U'5;3>[W&;KH.QZ_F\BHYYE['!$]L02*.308Z2V+H)5)4"-R
M)3!^]F<Y8G`O1IA*"`F!>BD+>;KUK=DLQIA%JUVWOJAW)2Q:Z:[D-56$E*:7
M9:TA6NL(E*=*^M2-VTC^J1"/+`)0C.*-T'6AZU@2S@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@4L8>9Y
M:T^0VS>P3I!'38--^/Z=YU;HL4%S_%B.4UQ<-RV,ZORT0TNF?;`O:[)2$)]`
M.$HTH3F^\&@>P0@J0@\<EJI*/A=7#GU?C=XSY:EWD$5N`02/3:HK!7VG)^F`
M09-K;9I5J=ABCX6@V(0--_WD`6]'?)]!["JW+OA;EO/=G4<S*8KRK(JHY]O%
MUM:/WJ\OG0$NZ!F<:;'Z32BL(N;2SVZ(J)K6R8LZO"(I?-&]Q<PJB6X9J5G2
M'KC-I@V9]=<S71-[@YVZOY;D];,?0W.B&TX-^%+E*DI54W%2UVIX@*P:ZE4@
MA21SEL)>$$EKQ@?&-[1H'4*-:VC)/0J4ZLW0`J]9'%/>?0[<]6U<MZ4Q';Q@
M]Y<U7ARY0<-+G<KY5JM=S=()(^*FJ<REX9XC9$]DU[I)HY-T@D*9G;/N5*0V
M"0-YXT(]J@Q]5XZ>G;:Z6A_8MV3*C8Q:"?J7E&QGJL:T73F306*T)RM57444
M9HLQSN11*)/LYM.83SIUS=%:U8R,S<D;R"496A[)V<H#,#?&_:QD?ES1J?U_
M\Z0^9&%>2!,;L$D^415,9LZNIPJ@!^ONS8]V`>WPT\DH0=;;?GFE^IV@^[>@
MJ/Q-S%U[T!2M.0:Q15)6_+M0^2CI/J!`L^@L5OZ5D)U.]X7Y8M85^XPA^B;=
M!6IA=[.2HGXV5%.ZDQTC/R49;9H:@QPV'WJ/Q(=:MEQ\FVS=$]I2<V%SM/;6
MD5J]`O-O]+VE;W3(+$HNZJ?1/Y$7L5&"N>=4B!19B1P4Q&/%N+2(:;1*-:C3
MI"BE86ZJS@F=4C#?$8KFL_@2IH\9//\`8<'NM4A22=63-MN7+:&FS'6`I=LX
ME1S8A<VLU886M*)4#1;T$!8C=_+P(P\)W/&H<PW]?9:]_>ZNDL\>>?>%U$LB
MSQ$WA@\?5+V#8DFIEL1L\F2()&D:'2<6E)?H%"E,E&ZQMN9%/R]%_)UH.)T/
MXY.PI+&.R>?Z(F_-Z7GSLCI*.=2.\NM(ZR"[>K.3'OU22&T:X:8Y'(T[Q&8L
M$M>*I"J9WQ0Y-ZIC+=3THT"W2=,?H.\G'CKZK?HQ>_)3//*$#QGT1U\_]22:
MQ'3\>%])0R-6+?S9TQ:U,,,'3,"FNI$K>[%)7H&>7*9`C-:61QU[VE2J1E&'
M!#E<>&:7US=;04FB'*DHJ)C[!?>GF^[IK(^C)#?8(FZW<[]#-M8ZHO3Z@H8F
MPHO-W0#8VS[3KL*=M1D+]L`W4(CMA+7+GC8Z&I3L&+7JI<N?:@BS/)KF?[K<
MN7Y1=L0;>UBYXV2-L@NK;Y)>"B>=ZAD\8=7M-(W5^8ECVZN3\W?Y$U*F6J2]
M!>YTY>F"[O&7=6E22-EPV0\/-W+R6-#"Z?BA/,$5R2VR!R0\84NVK\-B:I`4
MG#H)VU7U`!?D>ST%L-<_/OCG[EXP@#(P<YSCEF826P.&N6^6+I5VZIM-J9X%
M:/+L"E]=QNZ*KU&8H]JK$B+W'IF/ZV(NY<<,,5MA!I3JG"K5``%F>(.`;'X@
MO$_46F4%GG.:[A_C?FDYP?/Q$RW2@GW&['-X6P/I+(C;G&#N,0L..SY4M7;$
MXIEC8O3%D$DGD#V86'J5RQV]4-N]))>8+-H.+4OU=TA%^DI/8L];Y6\WA2CP
MNB]5PJZ8E"*_W&7FM+41SIAJL`V)>[NS)N.*7A1\U,Y%I4P!A#<:\=/4S1#Z
MWX[4SBA`<355V<T]5LE@I#+`4=*R"%Q+IY9V#":*=X4J8BZ^;7)NMGZ-J<)J
M1(S3ET<2;V%G)7*##@!G=8^.6UX10OCPJESGM?+7SC[MZ?=0SUS0ER,+3*XG
M+C^LC4<>B0#FP"H$D2:Z!;?F;6`(2^J%3[3-^I7O#&>`_&]?/-,LYN<KEF=/
MR!CYTX8N#B%*&M%,X^\YFR26[*HG\#GZLJ2,;87'7-5$X"J*>D!*E46D<CBM
M)#SR?<,`8[5GCEZR:85Q;RU9<]Y^5\N\!6(US^K;`AWX_#>MTIZK@\]@?/D5
ML&&.<?1P6K_PTBF:=9*7)K>Y"-_4-(`)D[<4L/"6%B6?@:<!\.8/&J[SR*I[
M%.X17<GJK';4+NMA1$N65"IKP,J3MZHIO?%,<*=3@J-EB`4I$GUO7IH?PP(E
M*\>W1<NK/R6)+#EE*,5E=[\8U/SXU(H0X3MZ@M?V'!>>K3IQ[=ESL_QAED3G
M"5CQ.$BM(("/Z_Z4HX)A6C-`]X54L_PI6*\S^\5,>C?)5FQOID59.\HG%[2'
MH_4@I60-%-UK2EHM[-2]?O+5671<)?V>N`NK&@?G&+&(ES@>E7FN#>`DD`79
M\L,9M$%7\,MM!,32Y3R*^1;D!1&"']BD3S"&I(S+Y,D,63@$62.#TQPLI"+9
M"MS*`(38$X*C7N$6$`@B8_QY=;JKG_7W%*N=TW:I'2;9;B6H@NEDJN:=T^V\
MOO?*&Z=/LD442V+J:*XO(U<E_&08M["7G8$'W08W@V(8=,;XM^BYE9!-^6-9
M=,I[8L.ZNO[IM^.1(B:&02+[N_@]KX@IZ!5N[N;.E>I4E@L?AS.XOSTYH6@]
MT4FK#"$9(=)TX0YE*<`][<B1MUBW,%K\TE+;GYMY`JVTK&LA!.UKW1MR\U<[
MP[FMZMNG88DBSG'KHCC_``J$MZYLCLD5QDM(\(_F*3U*96<G*#`[O\.=C6!8
M<DNDMVINTY2C[BO#HZ-599$HMFNH-.:GOKG"@*5D\5EU@U0WAF$`M!DE-')W
MQO<6QN>&@1`AHCTH@*1#3!\7GQ&V5JE*LANZ7X#GRULM>]+:G57&NG2%+I85
M,+/U"VV!3&C^P88?,>DFN<P.*P@EKDCDH0(OQT6H`>,II&WHRL"]SMPC8EF>
M+A?P/>G0TAL.U9)0QU;R;HQV3.$B=CYV$S;RP2A:GD+J8^S)IBKZ0B(W]Z+M
MN3VWHO5:H^I4'&X%/>F_'7V_W,W3>2]"S'EJN;!;.8G/G"HX[42ZU)7!W%QL
M2^.?[AN"U9](9=$(S(V,IQ0<[-+='XPC0NQ;=M6I-5.BL8BME!ORP&`P&`P&
M`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&
M`P&`P&!K-1^8+Q\.BMF1LMU2%_,E9LH;J_-8:+Z">$=J2J#NGW--*]J)>WU:
M>BM:S8DX:V%RC<?,<7I$66<::F"4G4C)"2%WDFXY35K3UIMEG/<Q8[_-FR>G
MHW7547!8]JSA56"T]KM%*@IB#P-^MA`HJYU2F(Y*%:S)?N%;K29=\@\998@Q
MYT\J7"R!AK:0-UQNTV!<%=/UM5LQ5E3]W6A-937L2DIT.FLC30.`5S(ID@+@
MDF3&HGU,L0IEC*I*&6L))&'8<#L9QY/>)(&P0*3JK?7S%EL>FT/14=45#5MO
MW:H2T`X#,+2W5+&ZHH%-7*"5F8>G.*TZO1*!.(]*I*#L1B90`H/O:_DWXAI;
M30?.+M*,:W2HF"_U<AA$#LVT8O$:.EI"T^'VW8LGK*&2YBK6OY@%N4::7-^4
M-Z9RV0;M.(P))P@!YG'DTXGKMU:6N3W&<`M=!*]M!]?V2N+5E4-K&N[8)VIK
M:9WA-XO"'B)42P3--K9R(^8+630DVA'C]A`!FA#J['\IW"=2SR85W8%WC8'N
MN)NUUM93L*M;;7P*M9[(61JD$3B=@6:V01;7<0>INVO:3[B)7.9.WD\\!"/Y
MQ^]%X&2-OD>XZ<:HL"Y#K3<6"*U;8S'3\Z8I?65L0VUF.U963'%4+KG5(2B#
MM-QNDUGB&7M:AA;43$H5O2=>28C`<`6]Z#J%7D[XH00QAFCA;#TWER.U72B&
MR%+JANE-;VKO:(<;8"FH'*E3*\U;#+8RJ&%Z<D34L9B%+DD.(-2!/`H($8$6
MKO+#SZ[VYQ)7-5I9;93)V':MZ5&IE2*`6PTN5/3&B8J]*I+%;"@ZVM]R.*S)
M).D2=J=&U]`RGL:(1[HKT%"0([06QZ`[`H7F5SAL<M.2284TL-')72$5U6]8
MVA=-F29DA86D4RDC;7=/0Z<S+<6B>GU%IQ=#$1:!*8L3E#.T:>26,(2?_*=P
MNQ,];O26Y7";`MZI#;WK9IJNI[FMN42RH4;N-B>IXAB5:5[*9*F9HLZE#(>-
M*4I![0:'V+"R1[T'8=/>WE+Y!J&KT<[:;8;YPNF7.#KT[6Y<+AEFV,PJJC&R
MK5<2M.PG:MX?)B:LJ:1O2<*$M^D(VI"(X*@`3?<E4_)"6ZQZZAIG"-/]M="/
M$6IV*2WFNHKYLM::L7'QB%J+%@,7E*]F:S1%*7EX"4]R(+>VIRBCW!P/&222
M4:H-`6(*I5[Y<*'E-R=A-LI>RJ[Y_P"4JCY4F3S-[`@-O5S9Z:PNC)9<T;#7
M,EJ*?0Q@L`I]6;@\>_#:!&SFN#\=("P)"U`C2`["Q:#R1\;+*SG]J*K86QQF
MJV9Q.N)_$9G6MJPNY8Y8=@;;?T=P4^A93"6FZETML;3NF%'4"1A4*'T!GN0A
M4!`/80\?UD'(0J[3V.184I5DJ;4.HPJNT5-74KOK5SI8L?.EE6G<ZIZ^,O-/
M-$<%3#?34AD?#LMB#]Y;W]!L*C83Y6/15-7'3170%<35/(ZG&@E;@?)=-$@:
ME37^`W%X9ILV/L7>VEMEL?D<1>H^N0N34N0)W)$M2&D&D`-!L&!6^K/*#PU<
MC@!'";Q(*0+*CD]\QZ73:!V;5]>S>G8*E:UL_L.O;%LN&1*$3Z-U^E>DICZ<
MT+UFV@!VA*M%!T+>@A.W/,?R=#^;.DKWK%QEUF22@>?W'HEMJ=]K"YZDE%H5
MX,\#1%IU!B+`J]M=I+4;Y)E:5(IF#2@=&)I*4!4+#BB=A&(+IS'K2CJMYM;.
MK;@F(ZMIA2QP!Z=)3-HQ-(Z;'PV2\QZ,QA._1=VCJ29L)ZR2RA$C&4N;DYR4
M9VMJ`%!",00K0#R[\!A7.;6X6_*X\Z1F5QJ'6$V2R@^AXDOJ!QG"ID1P%TN]
M))*J:SJ4B-@*)*WZ8GN5::6AW"JT-*I,`4H$2$DV-Y'>/*IM!WJ.;6DYH9+%
MIE!JZGCZUUA;,FJZL)_9GX?_`$?PNUKGC,'=ZDK&3RS4K:]ID3X](#PA<D@C
M0EA4D",#KR_)IQ0=:VJ9)N!8=,2[Q5\SN*X%86[NO&#H5.^&1M+2\FMO<##5
MD;L9]>B]$-;8M>"%#H(TC:71NE279P=@R^1WCR0W`TTBT6DYJY9(;,DU)QN1
M_HPME/3TFNB&!?12JHHU?2F#DTG(+)8AQAR*/:$;^<LTJ0*4V@;4D&D@#K(K
MY-N)YI;$6I>.7"K7S.P+!E55UHM%65MI:^M2?0,J1&SR/U;;*N"D5=8AD(%%
M'`MV4-#PK2(3T^RC30F"`$09)3?D*Y&OZQ&VL*KM-0_R22I9>NKUQ7P"RHK!
M+@0U^L^AG2VCK-EL/8Z[NQ)$C_42XR+.CL`I/K:C6]IPB-T%9>SO*$EYBMN^
M:$CU7NTGL"JO'-?/<L?D3NT3TN`O,@JDET-8JW>WEIAQK"T,SNF8U)RQX,>2
M2R3MD(`!VM4$@&$ITWY2^-K1A#S)G&WT,'5P;GYGZ3L$<_A-G5;'2:@4IDA#
MO:D"?+0AL30V95J"1*-MX'M@-<T8U`R`:,V)2G^<$_<_=@T%TXX2UCJ:42(V
M505#''B5P6P:SL^FK":(Y,@N0X;+38#<$.@LP40V6A9U>FUW)1&-RLQ*>4`[
M9Q!Q8`P>P/(7R)5]M.5+36U3FR8QV00B)3AS20&RGNM*OEMF:;15W%+<N1BA
M[E4E4R6:@>D0VY#(7MM4G%KDH_9H"I,(T,<6>3?B9#:BJG#[@6?B]JNI-SC(
MW`JL+=.KR&WPY.J%D8:GG%M%0,=6PV:REV<TQ#2C<GA,)S,5$:3[,^H(^8%<
M:J\KD5N%<%<W,R2N62/=E=6\Q/L9L"$7X99%F,O-E:W#-R76D69OJA(G>+`?
MD]5F.J]C5ZW]UMI:A!LTUYVE2'A]^6_*]6]_U]4EZSI_K.A*LFO#DMZ]GL1L
M0RSV:R:[00^>Q>,2"1??TF@45KU]IR/)7T28;N6>6L=7$Q.:W$*$(QG!"Q[%
MY*^-'R%V7.C+1?(JVU&WP-WG#!8M1716=CI&:UW[\*U.\,=3S^O8Y9TR;+4E
M&]-<;.9FA>%Z==_0I/FK-"(T$YT#TQ3O33)*GJI']Z7FP*6&P2P(O,8+.ZNL
M"`S$IF:)%J.S:NK-C<1G$8<5,>D"%>FTL;R@*T2LH\@1A1@1["I;'Y-.?HJQ
MM*>XK.C;U84ULOJZ,5K#.>*OZ'M=]F4?YBN]VJJ8HVJ',]8.<X=9K78=H")6
M%*A,;BG'2L]`<H;"@JL"\=.7%67057PFZ*:F+5/ZOL9B322&2]E^I"@>FE2(
MPK1H2%R=&XH5292280I2JB25212482<66:6,`0DO`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8&C_F;QZ7S4<?
M\3+7*#J[V?Q7;'9DXN33/(7!42>VWW`^C(Y"C(7LV/(]OCC]YVLW[<-'Z1?(
M+VH$$1NPZT8$1$\'=WU[&:9BT>6_BBM&N\O(I/K<JZF>J99RG-)&KZ9ZYD5W
M4'*UU^1.O7&PE,#C5?/2M)*(JT+&8PQX6IU6C'33>45@2!XT/'+T5R995$RN
MWCZQ/1UCREV#2,A-A$TE\N&?,+P[_4],PY2QN,V94LH>8Z.O#@A6KG91MUVY
M`T%1I0/8E&PJ[&O&CY#(?2=*\]K'!JEM>Q_A]@H0F,UUV!9_,L$KN_4\BML^
M7SZY%-3U^DM'H^LG9CF;%MI:2W5(G;QMKBFVVA^\C%^@JY:PYSXXZ/Z4YW4S
M3EMTM^Y?$SRI3=D5W;E@SV#S!JLVF>79OS4WF<NQPNHWM'V?%[+,:]I&^*QU
M4W/#1*AA+<`DIW@LTH+"*_%)U$6V664Q5PELEFZ_Y[YDC<F;I;W3U=S'#Z1F
MD'Y*K7FBQXA?=%4.[-C+T56QK5!BEQ)*16A>%6U*YF4&$)!)UA87+?O&[=^Z
MFZNKF/'5X']+/DTXPZFKSZF1/(4VJ1YUWPDFDB>0'K&EU<4LN^AYL?-($1IS
MC\[U1_.6^\TPPL,4ZP\8E^W/9_35N1=?&E*ET[LY#[!J"'(;GLNE'NQ(Y1/(
MC=S?8,!=[AK!O)FU)2QP,=W99'7ALVXEDK4:(2H(4YR@``]Z)\<5[L=]<_\`
M1$@@,.K-1'^RGB\+%C#_`-2W[U7:NZS9^&[>YFA"B:W+=BY^U-[)W,[!#LM"
MRIV=H9XQHA/]0O4)MC$';1G@+J>M>F:VZ!C[35<P;XQY2.R.CGV*JK#=HPX?
MJ]=:TJBI]-+&YQW!GI&KG]?&@&XJ(Z8`DEQ*#HDIQ*&+WZ"Q/=E!=>VI?E)R
MJI5+Q*^?&2NI[%Y_5,`Z=E_&TX46B^R2(KXC.95<U;Q%\L>45$W1IK<4:^--
M+BV&A6G$K?DN`P%EIPKSXS_&_P!$\D33GI]ME762HBI^"KBYCD2F%2F1OPE-
MA3#LMWO!D<&$R2,2)Y61-=!CR3#52X_[Q`M]"CPG#"(\00[0WCZ[QY&IM/#J
MU@7/%Q2:[/'32'&EM)9E;LBAK)3-GT0FO9MCL[9UI5924ZRZ?D;1>B@3FT$)
MVIT`X-81%;&6O-,2!>><\06W*/%CSGR6T/,&0W[SS7/#CPS;?5CLHJB26[QM
M(*9L,B)25P;VT3R*NYO**H$V'K2D)JA*D6:5A2FC*T0(*D6'Q'WCT/<5X=52
MRN.?*<L,N2>-.SZ!IO\`3'()\TRJ0\(V[T'8$LA-W6&TU>R$,P;!;[?V6QNK
M6UNI;,H"B/.(-&E-+$&,]"^-KKSK6?37L&<1N`51;Z.V..I977,<'Z0LN*[D
M-><JLO1C-($,RZJJF,1*2PBW)\/IY[41YU8VQ2ECX65L(4FJ"U2[Y`>ZWQJ7
M<Y5?,Y:[\P5H_P`WG/2\)M9?6T@[_P"RG_IQAAM>4:]U+$)W"^^GJ6+'N&]&
M,;T]G?+(;6M-&#8(:8PGJ#CQ:6!#9+RS0G3T-X=F-,=#V(985OR='?"6*J9)
M.5=E/,*A$^<92.IJVG%SJXG$GBWI+`8RZHT#K*E30F5.:@H9FPG>T)QH:^[E
M\3MYW9RIP!S<LE,!AZFA_&UT/Q];LH3.3FZI&2Q;5Y=J&H8L[Q1L+9T!LQA:
M.:013MR`:8VFGM6]!"'W&["`.RZ0XI[M[W8[&7W+`N?.<)/%_'GV!R)5S-#;
M:D=HM=EV_P!5-E7H7:;/KZ56\.4P6CXV"HD86UM,2.+T:>YC/4%%;0E`4A=_
MJ^@;VZMX)B]1*8G!8%=KC,>19G+H<KGBF50J/CIOHZFK6GS0AGA40;#Y)H$9
M@:X*$X30DTL4B*+&`D(Q#"%8>I_'G?MQLGF!01!17@%7<S?RDCI43Q(G%"$G
M]#%?Q*,S`$Y,(CRP3$4-R9E.T6B-+M'%BT(6B]BV'05M[5\=WD'Z6D/6<6.<
M&N:QRQKLKRR.?Y.KZULFGZ/@E10>0U-*=5M*>3ZY@H(]8]UFKH4[)Q265*GQ
MO5;7I5HC2-HR4``L^N\?-ZJ*&MRM@FU_M_G7F/CO=K;O4B<24!E'M?;E8]`J
MB%ZT#!H\B>[KZ'J2RT(2QD?7Z*)^JT#?S0A6-)X[_(+,[DY^EER+VV8N5%^0
M1OZ-E5G.G6]EZJN64PFFUCCC[#0G&4<@[)4%4RN/0:9-WW@>[A4N8UC8JT0Y
M*S7$U:$*BTG()'8CIXI_';`Y=S_9=?\`-'0ESM3A.:LF4X!U&V5=7?-7550H
M9[>?.LHK"-/')K]$]SQ*U2(<@=%>G^8+47W1\U*IV((7AX0\970=&V!QC'+;
MKR/F1/B!E<V])<[EW5U]=#-/W9IJ&14I")%0G*LKDS55G/RM]C,E4FOR9Q*=
M6]G2''M30G-*-*7)@L3Y!N*.DKXNFW)A3336K]$;\\6G5?"+ZHE\]<X<\UW/
M[#-5R^M)B4TIX9)4LPBK[(-EM+B`"I"J:RQ[6!"JT'Y`@C+N3Q:77UBFB+%'
M91!H@BCGCF<N=B7)=(92W%?ISC_1O(-]PEK7?A-O22!+5\AWSLM;75U;E)+L
MWE*BCDB<9P0^T)\X-Y'M>N>@+&Z(MZHR:J<7.G(W2T732[M_ISNFVW1,FF;I
M-Y8>NL"Z7M+#(A607(:+[D:6YG&[&*_K5BM4G"H"BT%([K\4=]OMM=AQ5AA3
M5;M/=G]`BNHV;2[NGKFFZZKIAF['7;':4*N#D6F9'%XI=JYD#"E(XTK1.B`;
MHF4($;H<D*;M&F!9&2^/>_'7G?KBKT9]>AD]W^62`]J1`9DB<"FS=.1CJ/FJ
MWUQ+\L!'AG))K^#ZD<@E(@E'DB5Z3E;4Z"/9A8=#6W`G43#T)!7F1MU7I:RJ
MSRB=L=D,\Q:K`=G&02RINNZ2Z.9&UO-A:B%-VH]-(#.[<;F]4EVXJDJY(6<L
M*4`]H2!A3=#X:^OK)YMA%$V.XT]6[S6?C+6\0LTCC]CS&5,LIL>K>JZ.O"II
M@X'-,/ATJCE>V:QU!LI\+2#$\,`%@BTPE1H0&X$ZD>-^_9\Q]"3&;<P5".42
MFGJOJ2+5ITOY`>U^NG^Q$$8O6/7+820J]I#(VTWGYI!^%T9]>NC$RK']CF1)
M;VL$62';>,-@'C:H;J"BX]=26_I1+`0:5SQ@<Z`IJP[^D/5]@TG"VN&M;/)6
M>2=&3".L$JFR642U,>O;FQ68ZZ84/L)`O.^:,H@("Y$X`O:D.F*=MN;'P`V+
M03?EVV\A99"X.#O_`/KO]V5OT93'W>D41]$4=LFO(JJ`^>IQ?T+CL!!7U(!;
M."%RO'#SS/\`E7CNLJ+M`R/&S>)2.ZG5V,BKDI=F(2:?WO9ECL7TB]6WM2@X
MT,>EJ32C6R`:+4Z,!K8PAT,07BP&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P
M&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P.&X."-I;USHXG@2M[:C4N"Y49[M
MEID:,D:A2>/0`B%L!)!8A;]-;WZ:^S`A.-=0\[3%RJUHBUT5T^N=VU0OO6I4
M+=)VU0HL&G6LF/*'&QXR`)W_`,1B:,B5MPS%8?\`)A"J#O?PT+VA0V">97C)
M^NVZ*LFUQ537L:ALBY_0TY8SC/0JV2ZXET!2U<VI&+!T+[E2-D$B*EZL$MC;
MW!P6[;W122$12C1AGR`A9AW[<IVM1=#O%\V12]90FDKKBU,-[PCLT<ID3M(9
M96,"L!GC$KAI,8;'6,VJ[&3`T2"+MPGU8M92TSB`S05(R$X5^G7EVY-@EN4$
MPK;-KE=0=_T%=]Q17H)KF)SPVK))3-CU3`%E8L,/8F%V>)%)#OQ\YJG$HHP"
MYD_#RHM4DU[#QIPN3,;NK==S7(>J*ZD%2V1"X[3<NNVN9\\S9M:*J=6AIA3E
M*&]^66HB:943$86O2(M?>#VG1K=H$/S#MD';*V4((3YJ\@-5=)=%7YR_'RTR
M:R^=X-2,QEREK>OQ!%Y%JW8:FECAN%NP&MNVYL4.-<T*02XX"<2\:P)A1`2P
M[WL(XB/E9YC#T-T1S==-@5[2,^I[I6.<]PIODLSVH56,&7U-3<_BLL<O<RH&
MNOBI5*[4/CC2G<5>RW1>U#"F/-.&).4%CW+NCC]GO=-S*Y]$U<AO54^-L4+K
MQ1)$X',N9O3=IW9(&K</3;&AL%[:A!4HF`]46\JTY@#"4PP#!L00%6GE`YY6
M4HUW#T/+X3SCJ3="=/4+#8W))<-\<96IYKO&PZB=Y(TD)61"ZJ&\]L@P'IU,
M"C$BCY"T(%2KY>@GF!B5+^7GDR4\S43T)?\`9M:\ZJ+X:K!DL=B+S-_Q42EA
MD#LN25Z?/E<@;F1$6AKY1]RD*C7]<G1,R7:P)8E._;[Q!9+MOM:K^'N6Y7U9
M.BSI7"H^=!TK6BC:Y*(<G4V!*&*,L0FMUT!6@^@]KYI<-1KY@=HR!B+T,6P`
M$%<X=Y=.3E5^7S15JV;7%0.%:VQ3U=UF[269C]+58[IHNFK<ALW<2%+$W(JV
M:GU^MK4>;/O55HAR7(=A*.^>,28H+4R7N#D6'7DW<URCH6L&.\7-R8&,BO5\
MC3DNB>1RU+I;$(F[+/3;,Q3&8(Q@-:&=:I3N;H6:4)*0=HTO8@S>UK>-KB>\
M\0TO]'_LN^T7JO3OQA8`H?(_EM54V)8^OT9QT,<>]67+?F0</U#3M4U:(9OK
M7#Z@>T7TQX4T3^5;FF;=9<[\MT3/*\NU9<+O?S9.)5$YR6(BM"*.KYPEYCRA
M3`9U3;/H^]OC6H9S'%O7A;T2LD8=GF&AV3H)Q@/D0X>M)/9RNONH*AE**G(8
M_P!DV(N;92FVA9:UBHE1<ELE&M/"2EDM=L1R,9:I]:AK6D@WV@$HT,8`B"%+
M8\NG#T"H+IZ](-=4*NS7+54K;9ET$KV0)CI)(F,P\]HBI\4.6$EHGN.S*6@+
M9TC\CVJ9`+C=`,4ZWK>L"`.I/,A":&B*E^B95$35;.;$Y,K>BP.5TREM(/-Z
M<8R)&KG%\M3)3TBE%20N%1\T;DCTE1OCA(4!?N*(3&;^6$+>M'?E.PJL9'8?
M35FT)5H62^9]0+>"!6FY6HCD,S@BHXA9&VY(7"(S+3K%3$(52ATCJ5K6J6<A
M.,1QHP`,&`,_F?>_&-?US5MMROI6I6^N+NVIW4DL32I&\MUA$-Z<2I[7Q<#'
M]Y*W-KBZ<.QO*L!?TK-K6_KC$^!'G._;P.@O'N#NA'%X7#"%M9718S>P2BS`
MIZ\3(ZL>I^U-Z^16P1%CBV:&/:6%EKUCP6TJ@MR%2,T)*G16OF!RG+R6<4P<
M^*1BV^F:,@=D/#56JB0Q0N?DO3=%'&T8O&)/%#761_=K>G:8?(TLM1;:'UV*
M:D#D6I*V#8#![*"'10[R=<LOT_[BADKGC#6#5P;8$6@-KS6=O2=FCRP^2PV'
M/^G5O/5ITY1)!,NE@HNG2[-,7.#TA,`G)&`Y+LX,X6>1[A5MILGH)TZDJ-II
M\Z;K:Q%,W:1A:DZ2S$#`YRE16[FTN!*9_:+!%'&<]:4R*DA+FH3Z`,H@>CB?
M>'.6>0SB-NGD"K%?TU5**=68T5^^0]@52$)!RQ#;"!.YU:6ZK#20MT6<[)0J
MR3&!"ZG(EKQHXO20HT1@-;#D:[?XK07N]4&"^:H2WQ]>N9'F)$N));TODD7C
MA\F<H6)Z*2Z:7F>1Z*)CEIS`6K.>4B(HPP28)8![T%<J3\Q/$5J<T07IZ66J
MPT[%+#G5L0./1V9K%"V5GN%2RER9WU:!G8VU8XJFTB-%MSVO5D$&H6A([IP*
MU`![]=ALMB,NBL_BL<G,&DC%,87,&-KDT3ED8=4+[')+'7M$2Y,SZPO38>I;
MG9H=6]06>G4$&#*.*&$01;#O6\#(L!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,#QOT]-^[T]
MOIOW>OIZ>GI\?7U^'IZ8'X*9)!PF%GDTC=$536$E0VA$_'6K31JV#W1R\.<I
M:>W".@;3;BD\(`<G<JP9[9<SF]L,"!S<E%51C2!,I&],`'(+^VXUT;^J1_XB
MU/3,BK_]&"SFWDHJNEJ8MVT6U5&5XTJ234ZI<@_AL3MMD4M!?U#1I*2LWK8Q
MZ``"GYQ00S1[4.,/\CLDLB)MB"W;#BGEKEXXESN2Z[B3[:"J3^&"BX[)Q0V;
MSYL9:A9+AK&*`42!N1O[ZT)'EA&ZID;AIPUM-@6=YZ>5,N\H'-,PL"&\XU-/
M';G+RG&ZJ2FG^/2Y9$Y$=UAR8%^23V5Q#3G"'SI9.C2GFV08W+M&%/*L\@.E
M11)ZL8='STA1`_\`#9W.@2O#(<W#XL\B!29Z1A>/P^4A/7]);(4E!$RDN_W8
MC3F:]?DH1BV`&_D`,#[/<$E^,=2]MG:W8#$A:B9'$GWE3QI2)VG34Z;3(H7*
MF7G`#`U5Z\QY_0LKVX.4N83C'U$X-('!L)1D[3K34B[8$P@ISU$WQL?+W_B&
MR_OR&E/2WOB@SW4X\+EI<T@!37CW!%T4A^G8%#KL9KBG.$V[2EK$_P`X_?RC
M`F_/"6&+V(YO@.8>M:!*BT7-HF1^8:2/\B[Q3R5,%%7DM?O(U$)^Z0Y\I'30
M#IM\ZI@5B;35_&"6:,+8\[!"SO29\+9A>H`[#CQ]E=8]-51/ZL@2/I6QG)J\
MTD+542QRQIKJ3QJ$N'EK?I.NN.%3&WT</JY[:&F7$(8Q-FDAX+D)!1[4X($C
MFA+'ZA0NJW$8*&XPB].0^V5'03[P_?:]CLWA:QU2)E@T0WU[?^VJ,]8QFZZK
M<.89'PA^)5Q_W4[R1+]Y!,0O($R`:8_YH0_0'Y+6N9D>%&8H)[)*W<K*:*=Y
M=429[@*5<TU9+K$C]D4LO6H*Z(C[,["9(I/)6@VA8!_2Z0(B5R8:@1"0LTTL
M-=_3`T$@Y>_\2&[2)-&('.9-/>;G:9Q1Z7$/$AKEQ6<1<;F-$5F;M%FU[2.R
MIG?=*RT*EF-=D!RCWC2'",V8$(5)NA`S1V?>0B*215UY9=!R;R;+WVR+4@\W
MMF`<A5[(Y5;%.N+C#KMB,?H6176MN:I)$-F;HUN($OK3)RRHX<F=$"8X>TX;
M[_*6TH7JT_&V@<92HAZ13TETBD4/K8@?G21-B9Q\:W;;<L=XNVQ]J<UKB_Q]
M&K,<"$^OE&'[2_+)V-0(HHP-'\@='ZPZ0\4M6SB)07GNLXAXS.]8'7?3\8E)
M=DH[2@)GCB41,5X4#65:,CE<;=7(8DG;9:YM4E:8Y*R%RA"UE-BI>7L6PA`@
MXAWYZ3-%CQ[JN&.;)X<?(,FI&7]#V?8,MI.5LGZH;*T2T_E2.PVB65$=0!L(
M$TNRA?-S8\X)2`,29`T*W`>M%A?CR%,T7<HD^IF>60>/M9W_`(9OM9N1N))$
M@/:TD6,D/)9C4^%E1&+/2H4)(+(^67I.2:HT$[6R$A@-&[`&-SM5()3UG-)1
M,6@NL)@^>1#_`,/Z\2FM']X,DLBA+P3"GKYT1>Y%#6UYA[T[*#?3Y"E`M/;Q
M_:<<GW^3@07.FE6U=)P>9Q1_Z"ETV;/(AYP&5KI_CQRDL8Z!?F.4VM1[A+9S
M`9._5HZ5H>XUD-A1-L@971U9CW!I?QJVM6J`WK"#0G?A.2+*\OFA+/I&K9;>
MEI2*HO)E%;!YAEUIO+=;]<.ZWNB"/UI6DFMOHZOZ1JV9NJ&V$!3%:;4P'$;0
M/C@2J8B7IM3F&C"VG*:9*/\`\-E81!*V&)DBGBCO405,04.ZV`-92U7T0:(B
M.+#&!O=UT49M';*3'%MH1')20C*)%H0-;"D;NV1K?#WG\)/D,+TO6\$<8$NJ
MLX#O\YI:RO%]7Z:/JG[0XYMT$U*'`*Q0W:3$K!^X1N@E@4_-*T'4]KI)&?97
M9R%,LG!">.^5[QIVM"W:LGF3MDOLBY2^+:"B3?RW%ST-?S!V@]UB9P(Y;%I(
MN:U<'4NVV9N/=$3@88!,'I6(H6]])5*\3-NNF"61KS#<3E3J*]GS*8S2]5BU
M!PUU>&EG&<F?HP8*<CD\>PKR],3?'79[."T(&PYR7)U9S>CP(PZK0M,:L;RM
M1Z1*.O+2HJ8]FEOMO6#7<YM2M>5JI5R2#T"1*(3TQ'62@Y=<:^;5:S)VE1&U
M<`)DY$F:3V$I&H;CM&&%A;VJU,^DWD1EJ#FICLNL8E%?)7-=WY))+,DLS\;M
MI?1O<A66H95T;O.O29M$O(`^*#3D+HDK)>2U():4Y*CEJE*)4GV%4*\DZ]!2
M?`L-::HZ;D-L-TQ\E\7HFW^`K1?V'J5[KI%U,RODBLMMB,@A+I5)G)TAF+TW
MLLM0VPA:E;9)F9I4(D:Q,HT:8'Z8>#73I!II'G2O+MB=9R@2'F&%2*6]!TM)
M*Z1U0\VB>\*VXZMH?7,(;&=$!*W1`M(X&/K.D1QE4>,PM"G(!["@!?G`8#`8
C#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g14486tx_pg016.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g14486tx_pg016.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````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,#_\``$0@`F@$O`P$1``(1`0,1`?_$`-,``0`"`P$!`0$!````
M```````'"`4&"00#`@$*`0$``@,!`0$`````````````!08#!`<"`0@0```&
M`0("!08("`L%`PT```$"`P0%!@<`"!$2(1-7UPD4%1:7&)@QU#96EEC8&4%1
M(C36%S<X,B,STR149#5E9@IA8U5G.7&A8I&Q4M)#@T24)2=W>+@1``("`0,"
M`P0&!@8(!P$```$"``,$$04&(1(Q$P=!42(489$R(S,5<8&AL<$(\-%"4C06
M\6)R@I(D1!?AHK+"0V-4A/_:``P#`0`"$0,1`#\`_P!],J245C)!.$=,&,RH
MR=$BGLJP<2D8TD3(G*R<R$8TDH=U(,D'`E,J@F[:J*D`2E53$0.")1#!MBW9
M9G@;W/O\T8@JZU4S=F_%"<=#;?YU\P79XGR=9:`REB*2N<EGR2\RU@2N54C*
M*`DHJ8I3"4`'2)-7H'NE^L7C7W<GG?=I$>@>Z7ZQ>-?=R>=]VD1Z![I?K%XU
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M%>Y/Q339>NM\(OJNZ>Q=_P`B5NE/U6DZ7+$YYO>,6T\9=(PM%BF.D!3%X"(@
MB7*TB<V=Q^W!_?\`*&4\C4C%4.RN<#A>NPM>O$7#UN"M.1)6^W%NVRO$!;$2
M(S<P^C\08];0C=-ZZ:I))32B!#"5?K&Z)!:>&7Z$A+2%MV[6FQXGD[3"RV`Z
M$3'S6;)B7&C')X6C,E76H1A_^VZ.1,9).&I(4J'&;:JC#BD"BWD!T3LUI$IS
MLG*8M$S3S%$O-O&WD&+Q`0YBCN.R(`&+Q^$.(#TZ1+C:1&D1I$:1&D1I$:1&
MD1I$:1&D1I$:1&D1I$:1&D1I$:1&D1I$:1&D1I$:1(8W![A<-[5\073.^?+[
M!8WQ;08M24L5GGG14$2?^S91<:V#F=S$_,NS$;,&#4BKMZZ4(DB0YS`&IOCO
M'=ZY7O%.P\?QWR=TO;144?6S'P5%'Q.[$*J@DD`3'==716;;2`@FJ[3MVN!-
M[F#ZCN&VWWR.OV-K@@((NVP@WF*]--TTC2U2N$(H87U:ML$HL4CMBX`JA.8J
MA!.BHDH?9Y9Q+?\`A&]W<>Y'0U&XTGP/5774]ME;>#UMH=&'N(.C`@>:+ZLF
ML6TG5#_30_3+(ZK<S1I$:1&D1I$K?ND*(X]J0@`B!<^;:S&$`$0*'Z^\>%XF
M_$',8`_[1TB60TB5NM&Z[#E/M]JI\Y*3B;FE-1-9)EA6I>8K\9,>;VLHE5W;
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M;ODJTUNLPC99RBS;J2,O*6ULS;^4O'*:*13'YE5E"D*`F,`#(;5M.Y[YGU[7
ML^/=E;E:=$JJ4N[$`DZ*H).@!)]P!)Z3P]B5*7L(5![3X3=&.U';5*,F<E&T
MEM(QTBU;OH^08W6Z.V3YD[2(X:O&;IO:5$'+5R@H4Z:A#&(<A@$!$!`=:5E=
ME5C56J5M4D$$:$$=""#U!!Z$'PGL$$:CPGJ]D/;QV?#]+;S^DVO$1[(>WCL^
M'Z6WG])M(CV0]O'9\/TMO/Z3:1'LA[>.SX?I;>?TFTB/9#V\=GP_2V\_I-I$
M>R'MX[/A^EMY_2;2(]D/;QV?#]+;S^DVD1[(>WCL^'Z6WG])M(CV0]O'9\/T
MMO/Z3:1'LA[>.SX?I;>?TFTB0)E.-\-K!J+A?-&2,'XG3:)`NX_6-N#]#%$D
M3&Y2J&1L.0X]82F-T!P*/'5@VKB?*=]8+LFVY^66.@\FBVS7_@4S$]]%7XCJ
MOZ2!.9F3?%@\`C'"Z\7&YF99CM!"N095+`3#/F7I>8<-B<P-(R0J8.JJ=5R(
M<J:BLDBW$>D5"ATZZ;M7\N_JYNB^:^U'#Q1IW695M-`0'VLKN+.GM`0M]$TG
MW;`3IW]S>Y03^X:?MG$;9_\`Z@VF[AMQ64L4(^%[D7,S2X3RSC:OCO;O;[G)
MY;95J+;B2189>4F+FK"R)U&;891S+,"-FT4=15N=-9`J;@O=^:?RB[5QKC6)
MN[<AQL)Z:],Z[+^&AG)Z''TT9=">Q:V)+]&U5R5,9C;\]US5^46!/PA?']?[
M]?9.M9LU[^[H8J>*_P#3QWZ+(;_X_-6_.G8_2(`F$`4/'F?G>\2EZ13`1,/#
MH'7'4]-/1S#7NW?GE!;^[C[=D7'_`(@Y'ZY(?.;@WX>*?UN!/43$GC<W'B,!
MX?WAIX83=<`1_6CN@W&Y&>Q8&Z>=T7'-E28OE$P'AP3`H"(?BUX&S_RVX3_\
MUN_)<U5\?(QJ:@Q^CS@"H_28\S>&'PUTK^DD_NF73\.;QJ+PF7TIW'^&]@P3
ME'F##F$<]Y*63Z.`<#97O;5/GZ>(B4W0(=''6%]Y_ERP6_Y+9.1YXU_ZG,KI
MZ?\`\Y_>)]\O=V^U92OZ%)_?/FEX$N^*XEYLJ^,SE^/1<_GL-@[;[3\9()A^
M$(V>4O<O+-.)1X`/(/`>G69O4WTAPCIM'`,$L/!LK/RKS_O)HJF?/DL]OQ,I
MO]U5$WZF_P"G2I\298UW\4/Q9+OU_,)T6>[)_4FGY8?QB?4-*_)FZD_$0Y`.
M'`H\`$->/^^N/BZ'9>(<1Q&'M^2:PG_BM`_9/OY86_$R,AO][3^$PT+X/^P?
M#N<<?9`Q9BK.>^>\X>R9(0N>8++^76FX!A%5RV89RC&,T9NI9VM=8Q%8K,QM
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MU,-R?B_.."[U=QSE6&^/O..1WTVKY=@#`,K#^PR.I#UV(62Q"'1F4@G;8[Q/
M=DF*7B,%X@WA\[T/#ZF`61:O+7E&F96R/@T7"YA(08G,&,9F8;RS05!(45PC
M$TBF-^48"E$VH6S^7_==V3S_`$]WG9>0U$$BNC(6G*T'CW47$=ATU(!L)('0
M:])`#=4KZ9==E1]Y&J_6/ZIU2V^6+PM]UT>WD=N&5<,9C!PF97S92,VS$K96
MA2%3,<LI4@N:=HAUDRJE$R;MFB<O,'$`XZY1R#@_,.*.4Y'MF;A@?VK*G%9_
MV;-/+8'0Z%6(,WJLG'O'W+JWZ#U^KQEI?9#V\=GP_2V\_I-JK3/'LA[>.SX?
MI;>?TFTB0MG3;KAN@5ZB6FITWS7/1^>MNA&+\;#:W_DX/,XT)FY$K62G7C)0
M56JYR?QB1^`&XAP,`"")?S2)1B_[)(2^7+(,^-K8U^,O=C/D-=:(I3`E_P#U
MA^B-;IK0DY>CRH)V3&+!E3XUV2O*QR2QW[5-0S_JT4$TD3\M]I%UB96>M\!E
M>MM[QD&PP%TR:ZE,:2$E5I.U4>ZER-1?0N";Y%C92IUUC9FR+>3;.Y*8=2,7
MUA$G+-T8CI-$NU*R*$/&2$LY2?KMHQDZ?N$(J,D9J361:(G752CX>(:O965>
MG(F()-VR*JZQQ`B9#&$`%$YI[-=PM*C:1F)->JYU5,YW=;NY!,6.VS<#)$(A
M(;A+^[037488U<IMGJ:2H`LW4$J[=4#)JD(<IB@B6Y]I6A_-#<%[K>Y#NLTB
M/:5H?S0W!>ZWN0[K-(CVE:'\T-P7NM[D.ZS2(]I6A_-#<%[K>Y#NLTB/:5H?
MS0W!>ZWN0[K-(G^+[_4/W[*OBQ9-K&U/P[8[<QGI#:E'V&S;I\<U7'5LA\4U
MO(KQR1C28&>8/ZI&VF1S2Q;HR*)6LB(1K%#F*WY'0OA+^Y/Y<<GCWI'L;<X]
M2%QL"O>;5JP;+$L;*:H`FQ^Q0QKQ2>QA8$'<="Q*FG6M;N+<^SY;#[F-8U8#
M3MU]@U]K?1_XRWNSOPY-^6`MM.(Z(W\7/?\`8@NU7J+-!UC&N;&LM9BPQCIR
MJ=1XE1ZJ;(&.#2DK!5PBQ6O6%%!J<R9O)D4D!3*%`YIZW>F?(>5YFY'A>!F;
M?;<=+7M?'R+@-!YK^4OPN^G=H2S=1W$MK-K'VW,JH5/F&5P/``$#Z!K+0I5S
MQO*6`%J_B=UW+R1!_BDLQ^#YGRF*"0/X!%W>,\?.EE#<O08_0(CT\.G54LY=
MZ`9WX_$MTPC_`/1N36_LN[0/JF<4;JOA>C?I33]T^">Z7_4-T4_5+8AV,9[C
MFPFXNF&`O$.Q5990O$0+U:,IC9:OLCB4`$1,'#B/P<`UD:O^6;/7N2[EV!<1
MX,F)=6I_2H+D1KO*^RAA^E@?ZI^5/%K\9F@."$R'X(%QR:T,)2F=8+R%DA!4
MO'HZSR.WX4>*<G1QY>;FZ0`>'2.OM?!_0C<:BV#S3)Q;A_9R=LN(/ZT91]?2
M?#D[FA^+'##Z'$EZ'\;3<\Q8ED\G>!SXFM18(\!D7-1HT-D,6:?$.91)H8M2
MD'92EXC^2B4?P<.G2KT9XIN#=NS\WXZY/V?F&?%)^@AN\C]<'<;T_$QKOU:-
M,^'^HDVAP1$S9:VV^(O@<3%+SFRQLOR)%HD,/0(%5KSBR"H4#]`#RAQ_$&O#
M?R[\MM8C:=SX[N&A_P"GW"MO_4J#]L^_FU`_$2Y/TH92W-/^K@V'4#<1A['6
M.JKD/)V$)HKXN>LRGK%DILSBEVZ*#>$85_&UHA8^R7%Y#/2&4GDS%:"W;B!6
M?E;@#HEONR?R?\_W'C>;N>Y6XV+O=>GRN/WI8MX'5B]R,4K##I4?BU/5^Q2&
MFK9O^*ERH@+5G[1T(T_4?'Z?V2WJGC_T_(Z":FT+P[/$FW9(N6ZCR/LU4VXR
M=&QW),B$*<CME<;>](JLBH)PX`##G$#`)2FU1SZ`9>UJS\PY%QO:2AT:M\L6
MW@^[RD`U/0^#_MTFS^:J_P#AZ;K/I[=!]<A97Q0O&YR^Y?)8=\(R*VY18*BV
M93N[.1S[<5B"43<7KFMX9Q,PDU6YRAT$1,H)1_"8.`CY/$?0'9>W\YY3N6Y6
M:$LF!@FO]2O?WH3]).A$?,;K9^'0B#_6;7]@ZS\#7?&VS,BF&7?$7B-L46^`
M#2U;VH>%EN-O<PV06-Q681EXS!CEN_8KMR]";I(3F'AQ$.GH^#EWH#LKM^4<
M6W/=7'V'S\TTC4>#-7CZJVOM4@"/(W6S\2]$'^JNO[3/$;PJ,89+5!SNXW^^
M-;N@!0#>55B2KNY/&&-UCB8OY:%*HV%D3LP,D'*8I'W`0X<.'#7L>OENV5^5
MQ+C7&MLT\+%Q/.O_`%VNPUZ]>J?7'Y6'.M]US_1W:#ZI.^*/">\$W$)DG,1X
M?-VNLJ1QY6M-9DVS;N<U2+QT(%YEW@90IEI8*F,<O,)00`@&$>!0#@`06[_S
M`>K^\MK?O>30G;V@8XKQ@![@:$1A]>LRU[5@5^%8/Z=3^_6=-\=VC:]B%BE&
M8HVZW;&4>@B1NDRQ_LAS13FI$$_X"14*]AB.3Y"_@#A\/3KE^Y;YO6\6&W=\
MS*RK2=2;K7L.OOU=C-U*JZQI6JJ/H`$@C;_A78-M<S!G//.!]L&4<=Y2W%S:
M$[D^SPNU#<D15ZN1-$[N/K[17&"C.HP<Q+IGDW[&,(U;/918[E8AU`()+!R'
MU"YCRK9L#8-_SKLG:MM3MH1CX#KH7/C8RJ>Q&<L50=H(&NN*K$QZ+&MJ4!W/
M4_T\/?T]LN-[2M#^:&X+W6]R'=9JES8CVE:'\T-P7NM[D.ZS2(]I6A_-#<%[
MK>Y#NLTB>20W28VBF#V4DZWGMA&QK1R_D'SK:_N/2;,V3-$[ATZ<*#BS@1%N
M@F8YA_`4!UFQL;(S,FO#Q$:S*M=41%&K,[$*J@>TDD`?29L8F)E9^75@8-;6
MYM]BUUHHU9W<A451[2S$`?29!EES\GF,9"OHPF>JC@ZQU!FH2X4W`VY]EEBS
MR#^52=<E<DXC%1HVG5)U7FG*H](NO*/$9(`0%@HB*ANGK7LWIEFALQ*MP]1L
M'.(:AUQ\K:J$%/0V,KV+F9"VO^&-,>FR@K=\P&[%[(E6P>CNX!\^NG=?5G;M
MQ(;&L3%S=DQZUHZ&UTLM7/RDOL'W*]N+CVXS+?\`-!S6LU0V>\7UZ.;1,-0\
M^L6#1)-))%/:YN3.<W5)$1!5RX6Q>HY>.E")AUBRQU%E3?E',8PB.N:YV?F;
MEE/F9UALR')))T`ZDG15&BJH).BJ`JCHH`Z3D.Y;GG[OF/G[E:UN78Q))T`&
MI)T50`J*"3VH@5%'15`Z3*>TK0_FAN"]UO<AW6:U)HR)+==<2V"?+>X&O;EJ
M1DMA7)VNPEUK^V;<N4K5";([5`\[4UL:#4KHBPE78O4495HZ*FZ#G()#"(ZN
M>R\VW';=M/'MQKIW#BMF53=;BW*/B-14:59`'S&*7K7RF;'LK)K^%@0`)T'C
MWJ+NVT;2>*[K51NG";<VC(NPLA5U9J2@THR@OS>&UE2"EWQ;:BU7PL&``F$:
M[L$(0JE4S7C'+D]2&E#7DK-FMOMBSM$TB2?1XG":C+/C>9Q](S-:3<,!(JD=
M):59N3=:41;\")FF*N.[%R>];^!9+XV_WYY2C:\A]+DK*EJWJW%A3C7$,K(5
ML&-:":U47,VLF?\`)_%><V=_ISDM1R',W(TT;'F./.6ED+UM5NCK1AY/Q*U9
M2X8MP)J5%O=]903.'AW>#=NV(UR%(;.+[7+/-%:62#S%MXVT;GL*W$[AXW!Y
M'V-I8,68YKK64=K(NBK$5>H.@.`E$P&#AJ9VKUC]7>#9%FS6[AED4EJ;,7-4
M7JO:W:]3)>&9-&4J0C+H00.LY'N_&WV[/NVS=\6S%W3'M:NRMU-=E=B,4=67
MIHRL"K`^!!'LE<VNSS>?MK$JVPOQ3-]2-;CA.$;A3?9LMSMN>HIV'$!;P3.^
M_JBC+Q5HUJ``1(S1NHL5,.7F$1$VIY_5?T\Y,"O/>(8/S3`:Y.V.V%8#[7-6
MIKL9O;WOIKUT]DC!@Y=/^%R&[?<X[A]?B)L=8\4[Q>\'2Z%>W2>$];MR%?3:
MN%G&8-C<'F2';>31X`=9VYQ;G>BQ,V+YTW'F*@$BU*90IP)T<A1#@OHIRHZ\
M0Y3=M>6S`+1N]'8.OORJM*E`/MT8Z$>)UCYG<:/\10'7WUG_`-IZR$MX7^IW
MV"0]9QC3#T/<Q#Y+1W"85?Y;Q1D;$4MC+(>%J92+Y5<@66R66)L!U8^9D?-L
M61)A%L7:B[PZW.91$A0$]BV+^4OU#WP9%]65M9VQ,=GQ\BJ\7TY5@)"UH4T9
M58@AK&71=.@;V8;=]Q*]`5?OUT((T*CWG^J?Z@L19>QCGS&M.S#AJ[U[(V,L
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M`/<C>3__`$;D/2)<C2(TB-(C2)P4\0G?)F[-F<#>%/X9<NBKNIM,6BZW/;E6
MQ%']&V*8@D@(22G):19&ZE;-MACUA2A(LBI73119-3\A=1)1#OOIYP79-CV/
M_NQZG(1Q2I],+#.@MW/('V553_TR'K8Y!5@".JA@T7EY-EEOR.%^.?M-[$']
M?N$Z3[&-C^$?#]V_UK`&$(MR,>P46G+O>9TY'MYRMD&4*FI9LBWV9X==*V*?
M=EYA`1ZIH@5-N@4B*1"AS3G?.=[]0>06\@WM@';X:JEZ545#[%-2^Q5'M\6;
M5F)8DS<Q<:O$J%5?A[3[2?>9<35-FQ&D1I$:1&D1I$Y);E/!+V!;K-X6*MZF
M5\4H/<F8[4,ZLU>C08,J%FN0CTV_H=)9AKOD*A;4]I;AOSH'!1$7Z0$;2'E;
M5%)$G7^,^N/J#Q+AN7PC:<LKM>2-$<ZFW&!U\Q<=]?@%@/74'L.K5]CL6.A=
MMN)?D+DV+\8\?<?=K[]/],ZTI))())(())HH(ID2112(5-))),H$3223(`$3
M33(``4H````<`UR$DL2S$EB>IF_/IKY$:1&D1I$:1&D1I$:1(YR)DV&QVP06
M7BK';)Q^]C&$33*1$'L-LDUY9X9DV<EC4E44HV%;J)J'<R3U5K'M4TS"JL4>
M`#:.,\4SN3Y+)7=BX>WUUV/9E95@IQZQ6O<R]Y!+VD$"NBI;+K"P"5D:D7+A
M_"-RYCEM75?A;?M=55EEN9FVC'Q:EJ3O938039<P*BO'I6W(M9E"5D:D:?&8
MMF[59(NZYH>PD_,4NX6"<QA7JHK8XVIU%@\0:Q<,^FFCN4!O=[JTCFJJQ9!V
MT23CU9!PDT1(4`6/-9?+\#9]KNV'@E>1C8.?A4U9]V0*'R,EU+66I4RUZXN*
MSLJFFNQFN6FI[G8ZHMBS>=[9L.RW\:]-:LG$V[<MNQZ-SR,H8]F7EV(S6W)2
MZ5=V%A/8RH<>JUFO3'I?(L8ZUK.VN>SE<:1&D1I$:1(/M6$V3B2MESQA/.,3
M93MK:";2EWB6"<_'2I*ZLW-'I6.BR[HM8F2J,FQ6:SE--I*BR_BDGJ0%*);_
M`+/SV^O%P]BY;C+O/$,)[6KQ;'-+UFX-WFC+K7SZM&8VJC&S'\WXWH<DZ]0V
M'U-R:L+;^-<XQ$Y!P/;WO:K"ML-%E1R`WF''SJE^9IT=C<E;-;B^=]X^-82P
M/@D,Q2V.%IL^;*R%6J3.?K\#6<FUY60M5<LA9U%R4DA9(:)BW$UC(&;]J5%R
MI(@K$I'=(`204$Q@)L8W",+E"4+P++^<WI\:ZZ_!N"8]]'E%?@HMLL%6=W(Q
M:L4]N0PKL)QE`&NUB>G.W\RKQE],L[Y_D%F)D7Y.VY`KQ<C&\@J37CW6VK3N
M7?6Q>I<?MRF%5I;#0*"T]I+(KD!5!5-9,3'*"B1RJ$$R9S)J%`Y!$HF34()3
M!^`P"`](:YTZ/6W98"K=.A&AZC4>/O!U'T3E%E=E3=EJLKZ`Z$$'0C4=#[P0
M1[P=9P-\9/P:MH>_V8PAG#)<;,4K*%4S!A2@W"X8_!E&3>5<2W')5;ITM0+>
M[42,!G$:TG3JQ$P!5'L9P.D4%$5`(GVSTN]>^:>E6WYFT[1Y>3MF36WEU7%B
MF/>WA?6!_P">KHMAT)((U,5F[7CYSK99J'!ZD>T>X_P/LG;+$N),:8(QO3L0
M8=I->QUC.@0C.NU"FU=@E&PL)$LB<J:+=!,!.LNL<3*N'"IE'#IP<ZRQU%3G
M.;D>[[ON>_[E=O&\WV9.YY#E[+'.K,Q]Y]@'@`-`H`50``)OUUI4@KK`"`=`
M)XY+"F)IFU3EWEL?5>3M%FKBM2L$J^C$71YB`<)>3N6,@V6`[)P=TS`K=5<R
M0N%6J::!U!13(0L;/<U-_M=V_2<)6ZZ]Q765HFHQ\U%UY#JGB2[!K84%T9@Q
MI!%VG(O7CM5P9SY2X55<IO\`E=D4*Z*58$2:IDLP>(E"UY6-0GC1[PL*O,MW
M3N(1E1;J`P5E&K%TR>.8\CKE%8B2R2ATP$"G*(@((G,+9TQW9FI.7_,]HVY(
MHANUW<%>@_H63W"JDL7<'?PE54C(Y);D39*ON<6Y.!C$1$I3F,<#&%$MKYOW
MD_.[;+ZN\I]Z&D1YOWD_.[;+ZN\I]Z&D1YOWD_.[;+ZN\I]Z&D3CQOLWY[XH
M_-56\-S9S,X%R/O8S1!NG%ML%*IM\:0^S3%$@V11=9VR?,S-RLT(PE6Z#\BL
M+$K-CKN%#)*F(85F3=]V_P!-O3[:GVRSU+]0R:/3_"?X*_"W<;QKVXU`Z:H6
M&EK^&@901VV/5&YF6_>,/$ZY3>WV(/>?X?Z`;2[!O#RR[X>F&5,68HM^W^U6
MBU33J[9IS;>:#E.3RGG7)LJHLXF+YD&<4RJX<.GBRSE0K5H54S=DB80)S**+
MJJTSU#]0=X]1=].[;D$IP:E\O%Q:^E.+0N@6JM=`/`#N;0%C[`H55V,3$KQ*
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MGR`16&1*!VJ9#*.CI%Y2GZ!MO%L':,1>0<W<TX]=^.5VTFRC/SJ;0+#94S4N
MF/C&H]RY5BLMA/;2KG5EZCM/"]MV+!7E'J*YHQ:LC%*;03;C[EN6/<!:;:&:
MBQ,7$-)#+F6JRVD]E"6-JRY*D8=W2TN0D;0-HVOSV2++$UZ,O.2G^*\C-;-=
M#UR,0C6:SXK')B;&)8_Q)EB1S$B#!!94YR)`<YS&B-_Y=NF^XU6T!FQ^+XMU
MSXF"CNU&*+["[!.\E['ZA3=:7N954,^B@""Y/SK>N2XE.Q!FQ.&861D68.VU
MV.V-AC(L:QU3O)>U^H0Y%Y>]T559RJJHDGS?O)^=VV7U=Y3[T-5:4N/-^\GY
MW;9?5WE/O0TB/-^\GYW;9?5WE/O0TB/-^\GYW;9?5WE/O0TB/-^\GYW;9?5W
ME/O0TB/-^\GYW;9?5WE/O0TB/-^\GYW;9?5WE/O0TB/-^\D>@;;MEX?_`([R
MGWH:1(4#`6[*OR02^*<C;;<1N9*^DOEVCZWB._R-;R"X<HD:SS"P5^3R<+>.
M/.-R]8=[%J,'97O]).*QA.52^_Y^S=RQ?DN8T+O556W'$Q7OLL2_#"DM2]-U
M?5Q4W059`NK-7W2A`%*]-_[G;AN^$=OY]C)R&FG:3@X5F1=;7DX"J2U%E&14
M>ZP4,>T4Y2WU&G[E16H1DARX67Q",BWO]3T]B7;/(M:%:,-Y@L+JO9#NM<6D
MZC%Y=E9FIC6).8C+#QE)L<3NR/$GT8@5F90"%%4#%6"`Y#B\>Q<U!QG+OS-M
MLI1R;J!1;58=>^EU6RU'*$=+*W*NI![5;N45CE6%Q7"W"L</SLG/VFW'2PG(
MQAC74VMKYF/8BVW5N:R.EU5A2Q64]J-W(O2+$.0D\L8OH>2DX=Q7@NU7B;$:
M"=.V\@XAUI%J19>-4?M"E;/A9KB9,%B%*54"@8`#CP"!E9G-7.5$WASNX;*%
MDBZC8#TF9P==Z?3Y*G97=*PT?5H3)^#IM.)9T\8.`*PRIDBOL[&*ZOE8N#MS
MD:-W/(S*HLB:ZEC68))S*]PQ#E&9Q`[M<&ZV^U1&C767''V+6>3R/,SP3ZD,
M6RDW06USQ)Y2W1B)%JFYEXPXQ+9`552QQT3LEI$ISLG*8M$S3S%,7FWC;R#%
MY@$.8H[CLB`!B\?A*(@/3I$N-I$:1..OB9>(O>L&S](V4[(ZDPS?XD&XQFLA
MB^A")755P=2U0.A,;ALX.B@=K7Z55$>=9FW=B0)%PEQ$IT$SD4[+Z8^F^#ON
M/?S?F]K8/IMMI!OM\'R;/[.)C#Q:RPZ!BOV0=`0Q!$?FYC5$8V,.[,?P'L4?
MWC]`DS^&SX<])V!XRL)Y&ROLR;H<V2_I_NHW,6L#N[KF/)<@==[(*>6N^=[&
MTB#>O5TH>,`P$02,950#.%E3F@_4KU&S>?[G6*JEPN+8*>5@X2=*\>D:`=!T
M:U@`;']N@5=$50,F'B+BH=3W7MU9CXD_U>Z=(]<VFY&D1I$:1&D1I$:1&D1I
M$:1&D1I$:1&D3\G.1,AE%#%(0A3'.<Y@*0A"@)C&,8P@!2E`.(B/0`:1(.6W
M/;;DF4A(!GS#;EM%QSN6>C'Y*I\FNE',4NN=.2,XZ7=/'!4R<.!4TSG,80*4
M!,8`&3V79=VY%NE&R;%CVY>[9+A*JJU+.['V`#V`:EB=%5068A03)GC_`![?
M.5[UC<=XWBWYN^9=@KIHI4O98Q]@`]@&K,QT5%!9B%!(QYTLC9<E0$RUAQ%C
MFM7*,?,'$<^K[ZR9OKC)F=T<CU([-\OC^DR$J9#BF"GGB39D435*P(IP/=U?
MB_"\/0+C;URC+P71U=+DHVJ]F"@J0R#,RDK[_BT^6HM*LAR&75>BK9PWT]P-
M`N'R'F6;MMB6+8F0F/LN0[A04(=%S\VNKO\`B[?E,:XH]9RV359EK%6K5*@H
MZL5"`B*Q7(A#R>,@X*/:Q<6Q1YC',1LR9I(H)=8H<QSB!>)SF$QA$PB.J-NV
M[[KOVX6[MO>3?E[I<W=9;<[66.?#5F8DG0:`==```-`!.;[YON]<FW6[?.19
M>1G;SD-W6WWV-;:YTTU9W)8Z```:Z```:``3/:CI$QI$:1&D1I$:1&D1I$:1
M&D2D.[+%YE5H/*U9R/E['-ME[=M]Q)/KXWNGH_'S-*D\W,HPZ$K&.XJ88*/F
MC/(\PFW=D(FND+SCS")"`"):O'=$@<7T2I8[K'G`:_2X"-KD0>6D'$M*JLHM
ML1LDO)R;HQG,A(.`)SK+''F44,)A^'2)'5HW)8GI5MG:=:9:8A7E>KC^R/9A
MY5[$6KNB11H7SG!0UB+&FC9VTLD[+&&-',SK.3&D4$R%,L<4RHFI+[P<0),F
M#A!'(,G)+@NA,5>(QQ;I*V4N9\L5AHJLWR`:QBCVH62TV<A8B(:O02-)2"I"
M("=,W6@B64EXF,GXJ2@YI@UE(>88NHR4C7J)'#.0CWR!VSQFZ04`2+-W+=0Q
M#E$.!BB(#I$YF;-MK&W"6I.8EI+"6-GJK3=SNZBVZCFK1BIT8^+W!7YC',TQ
M.B/(W9,D"))E#@!2$``TB6Y]D3;!V#8N^B,3\7TB<J?$SS%MFV=Q5"P=@':I
MBO/&_P`W+.E:OM?V^1]2B'1W#]45F[S*F22I=0->Q-2`15<O72ZC=-V+51(J
MJ2*3MTTZOZ9>FXYC;?OO(+OD>`;8._-RVZ=!H112=#W7V:A0`"5[@=&9JT?1
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MGJUBB2?1=[O-<Q%5GU4AEXB#C+%.JE5=3K&;D&T%%2R:C@[9BKQ$IRI`H8O`
M42;)S"NQ2L($<V2D[=:^W4F4:XFO-A2XI$]A<@86\$15\X0(:97`H\C4!Z\W
M`>!1X:L.W\2Y7NUAJVK;-PR;10;R*L>ZPBE?M7$(A/E#VV?8'M,M.U\&YMOE
MIHV79]TS+AC-D%:<2^TC'7[5Y"5L12NHUM^P->K31).M>'G&%L(ACW%,RK5+
M4SI%B9U+&DC=9*(M;X)`6\*[C*A79N0(Z'S2YYQ!(4TA1,!S%'@`V'$]*N?9
M9QA^7FA,S#;*I;(MHQ4LQT[.ZU;,FVI"OWB:?%JW<.T&6K"]%/4[.;#'Y6V-
M7GX#YN.^7?C85=N*GE]UR6Y=U-97[VO0=W<W>"H(GTE,;[5FA;B2&V:35K>4
MR9CH-PRAL%HQOG]U(*.TA<U*2N(U:"L45'F:<73M!V+=$JB9N<0.`Z\XGI]=
M<<%L[=]APZ,ZA[0UN:C^2J!3VY"8RY%M-C]WW=;U][%6&@*F><'TMOR#MK;E
MOO&<#&W+&LO5[MQKL\A:PA[<NO#7*OQ[;._2JIZO,<JX[05,^LK@?&0*6U"N
M;#*=(G@S0Z===3[K%M;C+F=^JD$DHQ5:/K')Q#:#;J<ZAGC-(ZQB&(D0P\./
MC#XSQ`KA6;IR+&J7(%IN6G$R[WQ0@/8'#5T5V-:1HHJL8*"&=@-=,>!P_@A3
M;[=YY9ATKE"XY"T86=D688K!\L.'JQZ[6O8=JBFYE0$,[`:Z?B3VK1CM2SI0
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M4;+1<X9D8+6JOHN#\U])\6BH4;)O&7EIGVN[7[I777;A_>BBGRL?!#TW`&EK
M;UO=6:MPE2+9HNG0>")G*\#LYQ?F79\WCJEA!Q#2^07^0WF!K94G$I5MO]ZQ
M[%+0T55[O;)R1D$[M8&CAFL=@@"":8KB9,Y"EU3*,G)Q7-N+995:592R,R$J
MX*NNJD'M9259==&4D$$'2<_QLO+PK#=A6VTW%&0M6[(Q1U*NA92#VNI*NNNC
M*2K`@D2WH[1=L`B(C@;%PB(\1$:C$](C_P"XUA\.DUQTZ#PG\]D3;!V#8N^B
M,3\7TB/9$VP=@V+OHC$_%](CV1-L'8-B[Z(Q/Q?2(]D3;!V#8N^B,3\7TB/9
M$VP=@V+OHC$_%](CV1-L'8-B[Z(Q/Q?2(]D3;!V#8N^B,3\7TB/9$VP=@V+O
MHC$_%](CV1-L'8-B[Z(Q/Q?2(]D3;!V#8N^B,3\7TB/9$VP=@V+OHC$_%](D
M)YWV[8)H-<HEII6):'5[''9[VZ$83<+78]A),RO,X4)D[!NZ02(JGY0T<'2/
MP'I(<0_#I$OOI$I-F+:?.YGOD_99Z[U:)8K07FBJ3,%C\S7(T?&('BYB,Q_;
MK*>RJ1MRQC'7^*+9!9@R8O5GX(IE<(E;]:LB8!KM.R7#2]BND%DFDENN2;'7
M;QDLDK2)MS6!M%!O9<DT9I2&C2WLY6'K_GQLE'RH/G$@Y=,1.L@=LMRDTB7G
MEY$L/%24L=G(R!(Q@[?F81#):2E7I6B!UQ:QL>W`5WS]P"?*DB0.9100*'2.
MD3F1LYW"1\72,O$/B/<,Z\LW:[N9,IV.&;4Z22)([A+^Z*U5.DD8$WC4%.K7
M3'@9)8IB"'$ND31=]WBZT;:'28&!K6$\VY#W5YK=N*9M6V[O\;V*OS>8<C+J
MLF+9$55D^MCZE`.9-%Q*O!`G!`!31$5C%`.E>FOIQF\^W&VR^P87$\!/-SLU
M^E=%0!)`)Z-<X!%:>_XF^$&:>9F+BH`!W7L=%4>)/]0]IE;_``T-NTUMWF[[
MO"WE4W<'GGQ'-QZ*+S,.4OU&6MS7,3UA0J*L7@'"2)D5$(#'U0132;KJM.K+
M)*H%$/Z.D@4)GU.]2<+D5-'#N%TM@>F^VG3'I\'R'&O=E9/M:VPDE0VO8"=?
MC9C,>%AM23D9)[LQ_$^X?W1]`G8#VEHSL:W)>I"W_P`QKCDD(]I:,[&MR7J0
MM_\`,:1'M+1G8UN2]2%O_F-(CVEHSL:W)>I"W_S&D1[2T9V-;DO4A;_YC2(]
MI:,[&MR7J0M_\QI$UZ8WB4"NO8F,GZ#G"$E)]91O`Q<KBJ=82<ZX13ZU9O"Q
MSDR;V5713Z3D;IJ&*`AQ#I#4G@[+O.YX]V7MN)E9&)C*&NLKJ=ZZE)T!M=5*
MU@GH"Y4'V27V[CV_[QBY&=M.#F96#B*&OMJILLJH4G0-=8JE*E)Z`V,H/L\#
M,/4=[=#R%!H6.A8CW/6J&7?.F)'K?;[?X)(?(.7RUVD>WL*X1ZR1,<I2';BL
M+D1_HX*@4XEM63Z=[UMBYJ\@R-MVW,PJ$M:B_+I-]OF=Q2NFJAKF>SX3WH0O
ME:KYI0LNMVR_2GD.SKN"\HRMHVG/V[&KN;'R<['.3=YO<4JQZ<9LA[+M$/>A
M"^3JHN-9=`VFQV[O+]A3K3Y/:=F;'K!:Q/$[<SR!3+-*V..J38S+R-_"LJ'&
MSM=>3LH4[@!;KRR*+3JR&,HKSB4GS*VOT^VPY=-F[9>Y7KBJ<=\3$-5#Y#=W
M<EKYC4W)37\'QKCLUFK`*G:"?F;LOI;L[9V/9OF?N^2F&AQ'P<(TXUF4P?O2
M]\]Z,A**M*SYB8KO;W.`E?:&:+;#NV@:F2%6SCG/)%$<0ML<V%ZV@<2U7#\-
M.0G*P4BZA/$R/-7F:/%LSLUQ7<-'K%=X1P8H]6!""7-?R?AF*<A-AX]4:K\)
M:5;/RKLJVFWX_,R:CCC!J%C!E[$LJM2LH".[5M<^1S+T^PCE5\9XK2:<C;UQ
MU;<\W(S;J+OO!;ET'%&W4BQPR=E=M-]=)K!'?W-K12>WCX=AZ=N"J&.=Q"<M
MMOOMAF9;-F4['ART9>E<#+9IC&5/@XVX991W+Q,:X5NTY"O&T`HK$G)&&!)%
MRF9`J)E:;NVY6[QG/GY%>/58X4%**:Z*@$14';54JHNH4%B`.YRSMJS$R@[W
MN]^_[E9N>55B4VV!`4QJ*L:D!$6L=M-*K6I*J"Y"@NY9VU9B38&+\9#P>8#R
MTL)D_$D+YPFU+'(EBJK5H[RZQJ%.FK//?(P2!U-'(H8IG1^9<0,(";I'4AF<
MLY3N/8=PW/<+S50*$\S(N?LI&A%*]SGMJ!`(K&B=!TDGG\XYINIK.Z;QNF2:
M<88U?FY5]G9C@@BA.^P]M((!%2Z("!\/2;Z/CI>&B1J5XCGE!XT46,D5:*@G
MTLF*P\5%`'S5Y8)1XB(F$0``$>D>(AJ`))\96"2>IZF>?[]WPTNV^0^@]I^(
M:^3Y/XZ\=GPY6;A5LMD?)0JHF`IQ;X%S$]0$1*!@%-TRISAJN42F#\HAS%_V
MZ1/C]^_X<YRJ"WO687YTDS*F;16VG/DN],F00`YTH^+Q\\?+@3F`3<B9N`=(
M]&D3X!X\GAXB(`$[N0$1'@`!LRW7"(B/P``?J@Z1'2)E)#QI-KM4BZ;;\A4W
M<77L=9IB7]OVXVJM;:]P64)'+&/X!RP@+1:)>FX[Q;/V7%CF*N#D6Z,?/(MW
M+V,<,7Z7\6\ZI)$R$?XUNR^6ZX8VJ[VGOD_)U_4>'9OE'JNLYN3GYL!%X<W(
M/#_LTB2&P\53;W*CPC</[]G@]45?@CX<^]SCU)^7E4_+P63\D></_+I$R8^)
M5CUP'_T?:]XADX<_2V3;[$MQ4,9TD`_EK$/;:97$6Q2%`3<K@Z*@@'`I1$0`
M43X&\1=54W",V%^(_+$,(%05+MH9P95U/@,3DMV0:XNU`INCG<$13'AQ`PAP
M$43RN?$2MZ(#U'AL^).]'JS&#J,1802`3@`\J0B]W&-1`QQ`.GARAQZ1^'2)
M$MM\4G*42-<AS>&GODQR]OMH@,=UV_9JC]MU-Q75[A=))O!5F1ODQ';C9Z=;
MU9I(NP<2!V#!XZ39(*F(D8P`&D3;*7XB-KKSJSXQOFU_=7FNW8<FFE&O^<-N
M>*:/D'#]ZDC0$18HRZ56,K&5I*ZL&]FK<VS?.(SS2=2.=K+-"&6!#K#(GZN7
MC%[3<<"F3(="WO4DZ@!Q](?#XWI-D$A^`W6R"&$',85,AN("H"PI=''GX=.D
M3%U[QN_#IM#LD=%YI.VE3@`C#66!>4><1YAX%!W"7@]<EF1A$/@613'H'\0Z
M1+14[?#B'(C4'V/8/)U^8F`!*]H]*4MS0P&Z"B5S7I"11$##\'Y73I$W7VEH
MSL:W)>I"W_S&D1[2T9V-;DO4A;_YC2)#&<LULKI7:/7V^,LWU]1UGC;JKYWM
MV*['7*ZS*USE0%Q\XS3],C1B"_)U:0G'^,7.1,.DP:1+\Z1*0;A=P65L)6XZ
MK)AC:SU)W7GBK*H(-;0%WA!7?5^NP.1KA;PE$J[&U)U>9]*(""2B5'[WG\I:
MR!Q1=MFZ)HK#<SG:P6"XX_ATL2QUJQ';:EC^_662JMQD:_;9O)N0D\:4^PU&
ML-+]'252BZZ\=DEI&.?2LJM())&8-W;83A(IHG1G2)P^O'B"8J\/':UF'(5T
MC9:_9/R!O@WB4/;Q@2GIJ/<BYYRM*[D+^S@J;4HQL@[>>1@_<HC(OP1538HG
M``(JY5;ME[_Z=>GN[>HF]';\)EQ]KQT\W+RK.E6+0O5K')(&O:#V)J.XC4E4
M5W75R\NO$K[VZN>BJ/%C[A,AX;'A\92K^2+/XC?B$2$?D/Q"<X10H,8<A@?T
M?9_BF0*JM%8&P^U46=-8YXP8.Q1FY-`QE'*QE42*J@H\=2%N]2O4+:\C;:O3
MCT]5L;T^P6ZMX6;A>-.[)O/0D$C6M#IX!BJZ5UU:^'B.'.7E]<MOJ0?W1_'_
M`$D]K554D$E%EU$T442&4565.5-)),@"8ZBBAQ`A"$*'$1$0``UQ*24JCE#?
MILCPH5<,L[NMMV/W#8JAU(VSYHQ[&S1@1-RJ@A!*V#SRZ.F8>!BI(',`_@U[
MJKMO<5T*SV,=`%!8D^X``DGZ!,E--V38*L9'LM8Z!44LQ/N`4$D_0!*QNO&2
MV-R"SEEBRP9LW#RK:%])#1VWK;!N'RFDO70Y.,ZSL4-C8E-?10`H4062DCE,
M4P"7B'3J<HXIR;)H3*JP,KY1[_(6QD-=9NZ_=>99VH'&AU4L"/;I+)C<)YAF
M8R9M&V9GR-F3\NMKUFJHY'7[GS;>RL6#0ZJS`KIUTGB5\17</;UF:.$?"MWK
M6QO)5US9HV?R\\PAM\K3Q@BFX.W;G5L^3+#9XJ9?&;B5..?Q+20XF*)D`*<H
MCM?Y1S:T>S-RMKQUKREH</F4NX9BH+BJAKK&I3NU>U%90`P!9@1-S_(NXU5O
M;N&;LV*M68F,ZOGX]EBLY4&P4XS7VO16&[K+JT9``P4LRE93+<CNTWRIY+VT
MP&[2I0WA\;5\K,,G/LD3^&,RV/-><TY"I-H9>"H#R=IN&6#6HR4\JL0P.XE9
M1,K%XX$')EVX$UI;QM.W[86KQ=RQ<^Y;RGW"9`0H*T87*]]-)*EV:KL**X9&
M;3L*L8_?MDVO9BU6%N^%N=Z9)K_Y:O*%;5BI'%Z69-&.2A=FI[&1;`U;/VFL
MJS;MLF-XHFZ;#`7P?$%QA6J@VR9F.EQ%A)LE:2F0;3`TB]SU6KMG1D;=DV$K
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M'=GOE73@3/SQA8[-\!2O(E998KB658.,>8[J4C'K2BJ93.%47!%E3%`3'$=8
M]XY?RKD&1=E;UN.9D79(06]UC!;!6-*PU:=M95`2$7LT0=%`F+?^><UY3E9&
M;R'=L_*R,L(+^ZYE2T5`K4'JK*5%:P2*U[.U`=%`DEAX9NW!]\L+9NTR/S`7
MRA'(&^/>#88YWRCQ#KX,V:VT`4!'X2IM4R_`'#@``%;"@>``E2"JO@`)\F7A
M0>':U7%P\VJX[M"AA$3^GZ]HR0DH(\>854+_`&"RH*B<3")N8H\PCQ'IU]GV
M2I6-@6Q6EEY:GLRVKUT/QQ.`,5,C_``="B-5*H'0`?A_!I$P4YL4Q/(.<BIU
MVQWO&M9RF_K$E;J)C5+&U8J*[JGQL-&UXT:V+CAY+PWFTT&B[1%L\3,B_.JY
M2$BRACBB7!"#A?\`A$6/^T8]IT_[>A$`TB?8D7&)!RIQS%,O$1Y2-&Y`XC\(
M\"I@'$=(G[\@8?U)I_\`+(_^II$]($(`<`(0`#X``H`'_FTB?T"E#I`H`/P<
M0``TB>=XT1?LW3%P*P(/&R[186[A=HN"+A(R*@H.FJB+ILL!#CRJ)G(H0W`2
MB`@`Z1*[8]VIXKQE8*78ZZ^RF\=X[@I&LTEC:LT96N4#78&4C6,0\C&5>L]N
ME(91L=A&-B%!5%3D,W34+P4(4X(EDM(C2(TB-(C2)@K%5ZS<(TT-;:[!6B(,
MLDY-%6*(CYN-,X;B(H+F8R;=RU%9$3")#\O,41Z!#2)YJQ2Z=26KAC3*G6:B
MR>.`=NV=8@8N`:NG0)D1!RX;Q35HDNX!%,I.<P";E*`<>`:1-FTB:I9J'1[H
MT487&F52V,5>/6LK-78B>:*\P<#=8VE&;I$_$.@>)1TB5>MGAT[!;PN+RT[+
MMKLI("4Q2RHX-QPSF$N;CQ.A,1]=:2C=7I_AIJE.'X!TB1VAX5NRF'!0:-0L
MD8F75,<3.L,;D=R>(EPY_A(3]7N6J\B5(/@`@$Y0`.`!PZ-(GR-X>1HI0%J'
MOA\0BBG03Y&#<^Y`<GQK/_T>=AG&GY0+(%)^)R=4>CI'X>*)5O.N&=P&/[+"
MQ.7MQ.ZC<QB:+CZS9<6RSG%FW)BXK.[!SD&&A<$RTW)8BK^')FP1U0L($=+1
MK]@>)=KR#0YU!%LKR(G8^BS4Y9*54;!9ZP]I5DFZU"2M@I\BY8O'U6FW\:V=
M2E>=NXQT]CW2\.^5.W,H@LHD<4^8IA`0TB1[(;=<-RURN5]E*=YQLF0HYO$7
M8[ZP6EU"6:.9PQ(!DUEJFO-GJ;DC"+3Y&XBQYFZAC*IB58YCBB>%WMAP4^CX
M:-7H+8$8%.1(Q=-INS,IA964<'?N7\Q/,YI"<L4NC+G\XMGL@X=.V4H4CYNH
MD\(1<J)%N_N7S/`[8[9,X)@IRT7&,M>*WDQ6ZDXO3.[SV.TLH5$V28FDOL;J
M)6^/L3ZE^6)E<-!YT&QEC@`B4`UM8OR7WOSOF_@OY?9V_BZ?!W]W_P`>OV^W
MXM/">6[NG;IX]=?=[=/IG^<+;1X?MFR/ON9Y8V/9AI$-BW$.(,H)M]U&:MOF
MXO.=[I&Z:_Y9D$L^4W&T%N/O]3H$5<HB]L)QRZD",C/HQA,'8.".W8N'*=]L
MY?RS`V7+XWON9GKBY?RKMC?"JW5(C=GF6?:5`GE%%"L+`$UT6M=?&-5@#+KR
M;:A;4A;4!NT]?<=&T.NNIT]_OG5=]X;_`(AER,_'*_C)YLMB+X6H%C\<X,J6
MW%@T1;'YC)MW.%+[7+0FHZ+^2HHG*)'$O'AP-P$*13EXM)K;Y6NPH&[N]K"K
M]WAJ$9""OL[6&I\0?"3-&=A4&ICATVL@?N%CVE;.[HNHK>LJ4\1VL-3X@CI,
M<X\%ZD3RKUSDV<QEGQU()MRNUMQT;O)SLB91N=NJ+MM%9%W[S<%'/7*K4IEE
M6S1$RG$Q1_(.8HY*=VR,8U-CU8J/420?(K<DGN^WYBN'T#$*"-!HI^TH(RX^
M^96(:6Q*<)+*&)5OEZK&8GN_$\U;`_:&(4,-!HIT[E5A9;'&P<N'A6-BB@^'
M5CA5S&M8=VYI>P-U77CV+9$;D;LGSR-W((.WJ)?)$C&ZTYQ4.F4YQ,8..LO^
M8M^5%KKS,E*DN-JJEC(JV,22ZJA4*WQ-H0`0"0-`=)G'*^3*BU59^772E[7H
ME=K5HES%B;$6LJJO\;`,`"`Q"Z`D2R2%0W<-DDD&V9-MC=!!%)NBBAMBR,DD
MB@B7D11233W6E(FBD3H*4``"AT`&HFRRRUS9:S-8S$DDDDD]223U)/M/B9!V
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MD*B5[)6YTKZ8/<ZIG)WAQ6T5]7;M%LZ[F9Z[@L3DR3U^:F$U`P+0]QKB,OAT
M':;9C9D$I%[&&%C%I&64(T.B=D=(E.ME`'"B9GYP,`#O%WD"GS`(`)!W'9$X
M"3C\)1,`](=''CI$N+I$:1&D1I$:1&D1I$:1&D1I$:1&D1I$:1&D1I$:1&D1
MI$:1&D1I$:1&D1I$:1&D1I$:1&D1I$:1*X;I"&-CVIB4IC`3/>VLYQ*`B!"_
MK[QV7F-P#\DO,8`XCT<1TB6/TB-(C2)C)N&C+%#RM?FFI7T1-QSV)E&1U%DB
MNX^1;J-'C8RK=1)=,J[=4Q1,0Q3AQX@(#TZ1*!5/PNMH5;"T"XHDR_/9;W<K
MMRQV3,Q5=G'C;YQU-J1B,9`Y(;1Q@9JNC%,N":9W!A%0Y><QA%$VS[M_9WV:
M6;UW9Z[SM(C[M_9WV:6;UW9Z[SM(C[M_9WV:6;UW9Z[SM(C[M_9WV:6;UW9Z
M[SM(C[M_9WV:6;UW9Z[SM(FJ7GPP=JEHIMHKE=KMUH\[.0<C%Q%QB\S9W=R5
M8D'C91%K.,&RN5$$EW<:L<%4R&.4IC%`!'AI$VL?#?V=CT_JTLW3^+-N>@_[
M@R=P#2(^[?V=]FEF]=V>N\[2(^[?V=]FEF]=V>N\[2(^[?V=]FEF]=V>N\[2
M(^[?V=]FEF]=V>N\[2(^[?V=]FEF]=V>N\[2)JD[X8.U24GZ3*QU>NL'&UF8
ME9&P037,N=EFEU8OZO-P;2'E%CY4(9JUBY:3;R:9B%.87#),O``,(@B;7]V_
ML[[-+-Z[L]=YVD1]V_L[[-+-Z[L]=YVD1]V_L[[-+-Z[L]=YVD1]V_L[[-+-
MZ[L]=YVD1]V_L[[-+-Z[L]=YVD1]V_L[[-+-Z[L]=YVD35X3PQ-J<;.W.4D*
MW<YJ.L<K%OX&#<YESLBUIS)C6X>&=Q,:L3*AS.F\G*QZ\D<QBD,5=X<O`0`!
M%$VC[M_9WV:6;UW9Z[SM(C[M_9WV:6;UW9Z[SM(C[M_9WV:6;UW9Z[SM(C[M
M_9WV:6;UW9Z[SM(C[M_9WV:6;UW9Z[SM(@/#?V=AT_JTLW1^/-N>A_[AR=P'
M2)J])\,/:G6JC6Z_8*W=+K-PT.QCI6VR69L[M)"QOFJ)4G$P];)94<)H.7RA
M1.<I3F`##T#PTB;1]V_L[[-+-Z[L]=YVD1]V_L[[-+-Z[L]=YVD1]V_L[[-+
M-Z[L]=YVD1]V_L[[-+-Z[L]=YVD1]V_L[[-+-Z[L]=YVD3Q*^'%MB83E%L].
MK%BJUBH61:/D*-D%LF9=M+9PXI5A96!.+=0MER(_A7#>149`F8R[=<J7$#@0
M3%+P1+XZ1-+KU,"O6"UV`+5=)L;6Z;.AA;#/FDZ_7/)O*/Z/5(PS=(L,U<>4
M?QI`.?GY"=(<O2B;II$H?*;JLKP]S=XQ?X<IR>0W[Z,=UIHCE%^\JL?!J4JV
MY#G*[D*S,Z`N:`RG$5>FG4\V1C68C5/.T<MYP!NJ=0J(@=Y4S;C,9*L8Q;+U
MB[1-K#&;R4MJS.;<V*@P\3-W(;]#,:U*IUVJ,8^8,JW<13B>DW)&"P$8&66;
MHF1++X,R8KF'%%-R.XB4()U96#E9W$MWKA\@S=,I%Y&+]4H_CH68;).#LA6(
MVD6,?*M"J`@^:-7::S=-$EG2(TB-(FMVY]9XZO2+JF0+&RV<"MT(>(E)D*]$
MJNG;I!KY5,3(,I-PQB(U-8SET9NU=NA02.5!!982)F1*%-=^,BUBEK'8\8,$
MJQ2O1R+RC+5RY+S)E9R\VBUU6CS&($']7A$K[CV;6J)WWG.16@7)HV1;+(M5
M3`J0$3//=[3RM!%5RW8W8%R7*7_$<(:LUB\DE(..QUER6KB3?)$C/RM<@WS9
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MPR%0:4XK4*_)Q+(LK85)5U7;?$A8:^[F*[<:50K/!.1BEDR]<+)>*D#`=6/>
M.42F,5$L_I$:1&D3%S;R1CX:5?1$0I8)5G'NW,;!HO6<<I+OD4#J-8TDA('3
M8L1>+E*GURI@33YN8>@.&D2AZ^\J[003S2S8OJ2K_&<C97N5Y&I9$EIBL>AE
M?L<%557V+9&5H,"_N5J93=A%I(L)!M"M6;Z(?MBO%C%2.=$_,CO#R$K1K=;Z
M_C6AIJ1^/HO-M.;6?(=D9-Y_$LP]L$)'LYE2#QO.O8;*SR?A44DHEJA(QRA'
MQ`"0%4AB&1+UUEU//:W7WMJBF,%:'<)$NK)!QDF:;C8:><,&ZLQ%1\R=E&GE
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MNC&7D9NP3;]=VZ6-P`ZRQN4I"<I2HFY:1&D1I$T7)F/XK*E#LN/)V4LT-#6M
M@6,E'].L#^KV$K$7*"[ELRG(PZ;UFE()(BW<E(/!9JJHD;B4Y@TB1`7:7B%P
MXAG$ZVL=I\W1D7%R[2PV!PYBKNE6UI)6EN+S"-$V,-87=#++N$X<YFY`:)G(
M`@<4&PHHF$D=CNV.QQ/FV^8O@LH/"R];E4;1E%JVOUS:(TZ7@Y>KP+&U61N^
MF&-8AAKC-N5@BJ1NX;IG!P"RB[A15$MF``4`*4`*4H`!2@`````<```#H``#
M2)_=(C2(TB0[?<*P>0;O0;](6K(<',8X-(*5]C5[8YB*^JM*G;%D74M`B@YC
MY!^YCVYV/E0D*Y2CW3ENFH1-RN51$CTFS_#J"!09!=HZ4CG$:2GV2/O-A;67
M'-?B&,Y$QM)Q[,$=BXK%+9PMIEF1&"7,0&LDJ3F_)0%%$WBK;?<:TVSP=EK[
M&8:)5.&;PM+JBMAF'E(I":$"VJBC^HU9VZ6C8.3=U=DE'J*H@``V!0$RD.Y=
M'71)LTB-(C2(TB5QD]L-%F;7D:VRMDR7(.,FF@G$W$N;S(J0D1(U%S$2-(E:
M@V%/RJJO*--PR<C$%:+IH,I)5=T5/KG"QSHGC1VCX637C5EHJ=D$DP27M<?)
MV:7D(O*$NUG96UQUARE'.5SM+G.Q5MGGTHV77*4$WKLQN42)H$21)&Q=AREX
MB:RC:J$FEUI@T:B[DK'.2-BE@B(!J>.J]<0D)-99="O56+.+9@V`>5(ACG.)
MUE5E5$25-(C2(TB86R0B=EKT[7%I&:AT9Z'DH966KDHY@[#&)R;-9DH_@YID
M8CV(EVA5A4;.D3`J@L4IR"!B@.D2N$9L\Q''P53KCIQ>)R-J+<8ANG-6YZX-
M.5`'D=*I4*V`T29(V6F-YN)0?%:.B',+DJ@G4,1PY(LB;!%[6\0Q3688DBYM
MZQEI"F+(L9*R3#QI!0-`N;2_U>AUUN=R"<5CYE:FQEU(DH"V=(KG;+@HUZM$
MB)8G2(TB-(C2)%.7\0P6:*Y&UBQ3UT@8^+LD1:4U*397-;<O9&",LO%MI@44
MEVTS#MGYTW?D;E)5N9VV05$@G2(((D?OMIN'Y9])OYEI99A630!P"4A:98[6
M+MRA8GR_)<`V0602@LDRKB`9.%Y9J"2WE3<5DP356<F61/U$[3\00TC!2K1I
M93/(V2CYZQ&<6N862R998:TO+W`6?*"`K@C<9VO7R2<S+%58I2MGRP\A01*F
MD1$LII$:1&D1I$:1&D1I$:1&D1I$:1&D2C-NW<9HK=JL=>B/#LWB7B+A)J1B
MH^Y5F<V@MZ[:6;%THW0GX)"T;J*[8THF433!9N#Y@S=`D<.M13/Q*%ZP^([)
MDXM>1=R/9J+70,:W7<"Z$C4JQ3!=.Y?`]K,NHZ$CK-9LBP,0*;"`?$=G7ZVE
M.MYOBQYNVE[<LAYW=^%KO-?$IC1@*06&8VX*U-HXDY)K&HO[>_Q'G+,-V@ZV
MT,YYEWJ$`\22-R%5%(AQ5)<^%>DNQ<NY)C["O*ME7SBVO8N9YA"J6(K&1BX]
M;N=.BFU21J0&(T.MDY]N/2;?(LZ?[.GZ]&)_9)[I&_K.-WIM5N+7PMM^,<VM
M->A[`A'R[[9_"2;).78(/B-7\19=U4#88UR@"_*=%ZQ9NB"'!5%(_$A8#/\`
M3_8L#-NPGY5L+-38R$J-P93VDC4,F"Z,#IT*LRGV,1UF5<JUE#>1;U'^I_%I
M8C"FX;)F5K6\KERV;[C]OT8VA',JC<\MRFW5_6GSQN[8MB5]LGB7/63K&27=
MI.SKIF5CTVG5MU`,L4_5D/7-[X[M>U8@R<+>=MW"TN%->.N8'`()[S\QBT)V
MC0`Z.6U(T4C4C-7<[MHU;H-/$]NG[&,J?&[RKQ3X)_=I=^^RX[D\#)Y;F:'$
M-<8Q5?Q7?%[72JVXQ,\E(6=#)%/<5IY=C$>GM<4[!RA&KG3=H.&KIN>J3//L
M_P#$3O$)"R=GFL#PB4'`,"1\J6,RVQG9=[<'=2R_<8T8A.!JLM7C4Q>(Q$HJ
MJ\/)F?-RRB93M`5:KIBB;%D#?U,XY5,W=T[%%T5B*>QL4NKC_-*TXRLCZ?7R
MRUB6F.G:M";A.Q]96Q2<UI67*@>%2DD3%3<"00.B2IDC/^7:#8L7QHU*DOYV
M[8W2=OJ8G:I-&M-[W:L_[<L/UYR&05*<K-C7JXQR^\=.0+!@L]%$"D3(;E,"
M)7AQXA]H<SV-7):MCVO5YS<9&IWRMOLC`K>7BL553N9VTPT4\JC(K3$D%*RB
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MH0X@AUKQ1)(YU"$,/+Q$1`!Z.@=/#J/&)ZF;QG(-D7K!TV?,W)`4;NV:Z3EL
MNF(B`*(KHF.DJ01#X2B(:1/3I$@['.6-OV4'5E0QE;<>VMV[9$D[06`-&JJS
M$6OY0W+*/C%13\_19^M.07("NAP5`!-P4+S(FS,[WB0L4Q786>BDA5,>DR/&
MG:2$,2.-B]NR3(G<F?5'!OZ'(Q[\I2O"?T4J*W`#<INE$VQE!U<[:)<1\-`B
MU9L5DH-5I&Q_4,XV42*+A*+,DCR-F4@B(<Y4N4BI>'$!#2)F3MVZAB'401.=
M,`!,QTB&,0"JI+E`AC%$2@59`APX?`8A1^$`TB:!?;%BO'4*YM>1I&F52%62
M3KJ\Q9/-3%%\1^9X9"N(G=$!634D#N7'5L4P4.N913E3,)C<43WP:&/+I!15
MCK[2HV2O2\&5M#RT>RBI&.>UYT<%O(FCA-%1(\6HL3B=`!ZL%"_E%Y@'@B9B
M695A!B#F<:0*,9&G9N@7ED(]-BP48*F&/<`J\(#=J=FLN/4GXE%,QQY1`1TB
M9!",C6KQ](M8]BVD)3R89-\@T01>2/D:0HL_+G*:95W?DJ)A(GUAC<A1X%X!
MI$\[V=AHYVVCWLFR;R#SJ1:L#KI^7+IKOFL8FNFT*)G!FWG!\BB97EZLJBI"
MF,`F#2)EM(F*5G85"<8UE:5CTK%)Q,K.QT(HZ1+*/H6#>0T?,RK5B)P<+Q\6
M^L+!%=4I1(DH\1*80%0O%$_KZ;AXM["QLC)L6,A9'SB+@&3IRD@YF9%I%2$Z
MZ8QB*ABG>.F\-$NG1TTP,8K=NH<0Y2&$$3*:1&D1I$:1&D1I$:1&D1I$:1&D
M1I$:1&D1I$:1&D1I$:1&D1I$:1(%E<"HRJ5K2'+^>H\+79&ED.I%9-?L5:^=
MH:2,$)5%",A&"K;CSEP59I\2*`W1XC^1T]%P_45\-\-QLG'+/D\5J`+,!'%P
M;L^]R`6^]O'9\-IZKWOI]KIU?`]5[,"S`L''>)W?(83XP%NVHXR`_E_?90+_
M`'^2OE_!<VC+YEFGVND*9GVKV"UW^@Y'KLC&Y4&LW2<L<MB_<-:9:6QDFUE\
M?VBGH+4V.;4^VH5N6CGDXFM^9*%52!0O.0P@(U[=^2-N^U8>U'!VW&&&&TMQ
M\<57W=W_`.BT$FW3^SJ.GLE6WWES;[LN!LIVW:,1=O#`7XN*M.3D=VG^*N#$
MWZ::KW`=I\)ZL(;2I.@8WL=8L&2[[7)6Y6"_SCN`Q-?I:&Q_CM"X9>LF3&$-
MB=DM"1:M:0BV,RE&K+)M6_E*0+<$DRJ`4LMMG.GVS%V_%&T;%?\`E[V,'NPU
ML?(\Q773+8M]^J]_<@;0*RH1]F3FS^I5FSX6UX0V+C62-KLM</D;>EMF5YJV
M+VYKEQ\RJ>9W5JP`1TK8?9TEBJUBY.M6OTK+?\HSI_1>-J_H]9;FYEZH)(UI
M&M"SWF-1LF@%H>^;>L<O0-SK*KK&$/XS@&GNO+FW79_R<[;M&.OS;Y'G48JU
MY&KL[>3YH8GR$[^U*M-%5$`/PR/WKG3[UL/Y`=HV+%7YZS*^8QL-:LK6Q['\
MCSPQ;Y9/,[:Z=.U$2L`_!UJC4,&;EJU#X8$SG!OGG`&+E\3UUF,Q?7\9D6"G
M8VEPMAD)R6/6(Y]CN0:M:&S<LRMFMA3.JJH@H!2`1;51E%FO6K84]M=2HE6=
M9/LL6%!V7.=L+%]2[=?L=>>K.:-KT<WM-B:TZPL"S55X07.,8\.Z`G7&*7CS
M&$R)J<YL2R$\L6;9Y*UUB=5R<Y8$0)9YF6/%NZT:P4F74JCNMITM_&0RU/CZ
MH=C`24@>V(M$ESBWCF15E4](F,'9IF;&.'D5X7)L_D7*N,J#2)#"3-H=Z\;1
M6XUT:N-LH761&S6.-2E*-?IBNME5FK]P<L1%RL]U::OE)411+;S>!['!TS`S
M'&LO!R-JP+.EGVA<D*SCR)OCJ2I=IJ%J<SLRP/(34189A:VN9)*2*C(`W><0
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M92C56H+VYW6<:+U^ZX6EKLXIZKLD(FB^R9`8UF#R"Q8]LJ#RSNT3&604<JND
M2R^X3;<[SE<*1+JS,8UK4'`%K=G@GI94JUBB'.X#;9EJ8C!<1CEJ/FV8K&$Y
M&*<(G,*:XR:95`,AUQ#(E+[CX<V3K`JLUCL@4AB5L2S)UVZE4N#:]UBH/Z).
M4.%P?7`Y7\)$XS0:/@<*JJ$>$1,^<I)1HD*87:)9+!^U*WXJLM!FG%DBUZ]5
M&LNU=4$]AMUAC224P$\[;WAE)N4:]#+VFI-ICT;BD$X&/CT*US)I)M^K:-VR
M)?#2(TB-(C2(TB-(C2(TB-(C2(TB-(C2(TB-(C2(TB-(C2(TB-(E"[CXA..*
M5;+)3WNW_?A./*Q-R4"ZF:;L1W26^IRCB+=JLUGU;M4!C-]!V.$<J)"9L]9K
M*MG*0@HF<Q#`(HFDR'B:T4ZL7"5C;#OLE+M:I-.NT6NV_9OGW$<+9[4Y;.GC
M.$<9"R?1JU1:P11FP774=2+U!!%!!0XB/+P%$_,)XI>&+)$1\]`[?/$&EX>5
M;)O(^2C/#[W8R#!XW5#B55L]98N<-'*?$!#F3.8HB`\!'2).&&]X%8S[8)BF
M4S$NZ7'L^SK,E/,IO/\`M-S]A>BJ*M5F;)!F%GR)3*K#2,D9U()J!'HNRO%V
MR:QTPX)G,5$JS8O$2N,72K%=&>.Z^K&$QJG7ZFN=U*+N93=G"Q=;ELC8F"-.
MXCFLG#4MI:%0`"2#1R[>5J9;"NB5N#DJ)EWWB&V5M5(EXQQ`O+S]CO+FMU1X
M>6AJY6K>F&Y27Q`RKU:-8+(U"1NA*=&$>/T0>_T!\X*J**L>518B)M$GXBD!
M!/+XA(8IO;T<;URZV2]M(D]4<*5!'&BM7K]PCT7*-J=NKV^<7JV-H^-"+8E%
MRGS*\O*!!41+%HYXLD]MXL&8J]C";@;='(6)DPQUD]['8[=&GX*Q.JN`/9.Y
M.ZTP9P[]XV%RR6>JQOES8Z7Y2`K%,5$@%MO>L-6*>MW/%MFN5X@W\@A=6]8A
M(?&#BJH!.XNK<(SEZC?<C6!,)J<F,O1/D8Q<_-Q+N-YG_ER`&(UTB>'*'B#M
M*1$IMFN-)5K;'K"[Q)"2LC&S4'7<F4)]DEE,4^TJ5EZLHRCG8XEFS1[]59J,
MFF@4[5%1,%C(HDH-MP>1;93-LA*LSH];O&X=.:<+3]HCIR<HU61K=4D;-(,F
M,)'V&NRUCL<L#4A6#$91D!FR+QR94?)@251-4O\`OIC,/S,/4;M25;G./H`I
M2V#$T_`RU/F+V5D_E2U=H^GY.+9U7SC"Q2[I,)M\U62,42`"R!0>G1)2D]QS
MY3&%(O\`$U4(B1F]P-7P7:JW8W2+U2OR7Z[APS?@9R$$[.SDEHJ28/#Q[@IN
MI<`5,YTP`PD!$KI+^(B^>X]D)VGX.LK6Z%Q[%Y9;P%PL]%2CHG&-AB:%)P5P
MG'T3:E&[ET8<CQQ'$,S<*/B\%>J,J8J95421JQOPK]B;)R2F'LK0L-/6Z-IF
M/)B:C&,''WZ8M*LDE121+BRN8%$K>Q!!/CN':9G$=&%(CUSHPN4PTB7Q#B(`
M(AP$0#B''CP'\(<0Z!X:1/[I$:1&D1I$:1&D1I$:1&D1I$:1&D1I$:1&D1I$
M:1&D1I$:1&D1I$:1*-;\?D!C[]U3]I"?[V'R<^1=Q^0'^?/Q_P""^7Z1)<VF
M_N\XS_8A_=<G^[?^Q3Y13'R$_L?]:_Q#K](EB=(E2K+\@2_NI_MGS'\HOD+_
M`"F7/@_YQ?.__P`7GW2)6$G[3L>?]-3^7)\'RK_;78/D/_F/^J?YL\NTB2LY
M_O+./[B7R-S!_*?WI\H*S^V7_*GSL_Q'R/2)N%,_<Z<_ND_)2P?W7^ZM_>3S
MY0_X/_Q?^W=;I$C3#W[+:A^XG_=TO\A_D=^VR@?W+_9OZU_F_P`U:1-+R;^V
MAM_TU_S3*7[2?VE?*/+'YK_;_G+_`+_S_I$F'.W[K-3_`'-OSVO_`+4?W??S
M:5_9_P#XS_P[_<^4:1*3;J_[F/\`]-O]B-$_/_EO^:MODI_R4_KG^3^OTB=!
M\?\`[O6&_P!UOY8T/Y+_`+%OE^A^S;_F%_PO_,FD2M.7?[DQA_TR_P"'B']I
MOR<^0<3\CO\`"_FE_AWD.D3(4;\\S7_T\/S_`#!_<'YQ^<5O]I7]F_X__O>I
MTB=0$OY)/^!_)D_@?P/X(?P/_!^+_9I$_>D1I$:1&D1I$:1&D1I$:1&D1I$:
#1/_9
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
