-----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,
 VRcis0M8D43kbCKmoPmhTmelNDD4CRliELZKPpSwJdz8ANtXg1Pfgs/pfy4//HP5
 Wp/gCWD0YBCN0mwXXXtTsw==

<SEC-DOCUMENT>0000950135-07-005111.txt : 20070815
<SEC-HEADER>0000950135-07-005111.hdr.sgml : 20070815
<ACCEPTANCE-DATETIME>20070815171443
ACCESSION NUMBER:		0000950135-07-005111
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20070701
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20070815
DATE AS OF CHANGE:		20070815

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA FUND INC
		CENTRAL INDEX KEY:			0000845379
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05749
		FILM NUMBER:		071060464

	BUSINESS ADDRESS:	
		STREET 1:		225 FRANKLIN ST
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6176622965

	MAIL ADDRESS:	
		STREET 1:		225 FRANKLIN ST
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>b66599a1e8vk.htm
<DESCRIPTION>THE CHINA FUND, INC.
<TEXT>
<HTML>
<HEAD>
<TITLE>e8vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


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




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
PURSUANT TO SECTION 13 OR 15(d) OF THE<BR>
SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>July&nbsp;1, 2007</B><BR>
Date of Report (Date of Earliest Event Reported)</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>The China Fund, Inc.</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in Its Charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="31%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>Maryland</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>811-05749</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>000000000</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or Other Jurisdiction of Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification Number)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>c/o State Street Bank and Trust Company</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>02206-5049</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>2 Avenue de Lafayette, 6</B><SUP style="font-size: 85%; vertical-align: text-top"><B>th</B></SUP> <B>Floor,</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><B>P.O. Box 5049, Boston, Massachusetts</B></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of Principal Executive Offices)</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>1(888) 246-2255</B><BR>
(Registrant&#146;s Telephone Number, Including Area Code)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the Registrant under any of the following provisions:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR
230.425)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR
240.14a-12)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT face="Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
<TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
<TR>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="3%"></TD>
	<TD width="76%"></TD>
</TR>
<TR><TD colspan="9"><A HREF="#000">Item&nbsp;7.01. Regulation&nbsp;FD Disclosure</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">Item&nbsp;9.01. Financial Statements and Exhibits</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="b66599a1exv99.htm">Monthly Insight Report</A></TD></TR>
</TABLE>
</CENTER>
<!-- /TOC -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




<!-- link1 "Item&nbsp;7.01. Regulation&nbsp;FD Disclosure" -->
<DIV align="left"><A NAME="000"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7.01. Regulation&nbsp;FD Disclosure.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to Regulation&nbsp;FD Rules&nbsp;100-103, The China Fund, Inc. (the &#147;Fund&#148;) furnishes the
Monthly Insight Report of the Fund&#146;s Listed Investment Manager.
</DIV>
<!-- link1 "Item&nbsp;9.01. Financial Statements and Exhibits" -->
<DIV align="left"><A NAME="001"></A></DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01. Financial Statements and Exhibits.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(d)&nbsp;Exhibits
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Monthly Insight Report of the Fund&#146;s Listed Investment Manager</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<!-- link1 "SIGNATURES " -->
<DIV align="left"><A NAME="002"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Dated: August&nbsp;15, 2007
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="54%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">By: <BR>
Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Tim Walsh
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Tim Walsh
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Title:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Assistant Secretary</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<!-- link1 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="003"></A></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Monthly Insight Report of the Fund&#146;s Listed Investment Manager</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>b66599a1exv99.htm
<DESCRIPTION>MONTHLY INSIGHT REPORT
<TEXT>
<HTML>
<HEAD>
<TITLE>exv99</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="b66599a1b6659901.gif" alt="(GRAPHIC)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">THE CHINA
FUND, INC. (CHN)
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><IMG src="b66599a1b6659902.gif" alt="(IMAGE)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">IN BRIEF
</DIV>



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Net asset value per share</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" valign="top" align="right">US $50.78</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Market price</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" valign="top" align="right">US $43.83</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Premium/(discount)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">(13.69</TD>
    <TD nowrap valign="top">%)</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Fund size</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">740.2</TD>
    <TD valign="top">m</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Source: State Street Corporation
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="line-height: 25pt"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">At 31 July&nbsp;2007
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">US$ returns</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">China Fund NAV</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">MSCI Golden Dragon*</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">One month</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7.0</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Year to date</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">56.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21.3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">One year</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">93.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">55.2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Three years %pa</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">42.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30.8</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Past performance is not a guide to future returns.<BR><BR>
Source: State Street Corporation. NAV-NAV performance.<BR><BR>

*Source for index data: MSCI.

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>MANAGER&#146;S COMMENTARY</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Martin Currie acts as portfolio manager of The China Fund, Inc. (&#147;Fund&#148;). This commentary
is the opinion of Martin Currie Inc.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Chinese stockmarkets were generally buoyant in July, until US collateralised debt obligation
(CDO) &#151; related worries prompted a bout of profit-taking at the month-end. The A-share market
was the exception, waiting until government credit-tightening measures were out of the way
before climbing to a new high on the last day of the month. Interim results are driving this
rebound in the domestic market; for the 162 companies reporting before the end of July, the
average earnings growth was &#043;72% (&#043;52% if all investment income is excluded). After the 27
basis-point rise in interest rates and a cut in the tax on deposit interest from 20% to 5%,
real interest rates still remain firmly negative for the poor Chinese saver; the return on a
one-year renminbi deposit after tax is under 3.2%, compared with the consumer price index (CPI)
for July of &#043;4.4%. This official statistic does not, of course, take direct account of rising
property and wage costs; the Ministry of Finance recently announced that the average annual
salary is now 10,990 renminbi (US$1,450), &#043;18.5% year on year. The official CPI, which has been
driven by rising food prices, is likely to decline with the autumn harvest and the effect of
relentless renminbi appreciation on import costs.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The rising renminbi has not yet had any noticeable effect in slowing growth; gross domestic
product (GDP)&nbsp;in the second quarter grew at 11.9%, the fastest rate since 1995. The rise in
foreign exchange reserves to US$1.33 trillion implies a second-quarter balance-of-payments
surplus of US$131&nbsp;billion, up 98% year on year. Exporters rushed to ship goods before 1 July,
when the value added tax (VAT)&nbsp;report on a host of export items was reduced or abolished. The
government even imposed a tax on exports of aluminium bars &#151; anything to avoid the currency
appreciating more rapidly. The latest tactic of employing foreign exchange reserves &#151; the
US$200-billion China Investment Corporation, which recently took stakes in Barclays and BG -
seems more likely to heighten trade tensions than calm them.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We believe the most interesting Chinese stockmarket is now Taiwan. After years of
underperformance caused by political mismanagement, the market is cheap. We expect this to
change with the dual elections in 2008 (Legislative Yuan in January, president in March). Both
candidates are talking progressively about dealings with mainland China and a reduction in
restrictions, a development which is likely to prompt a wave of Taiwanese capital to return to
Taiwan. Another laudable development is that the forthcoming elections will halve the number of
legislators, a development that might usefully be copied by a number of older democracies. The
vacancy rate in Taipei&#146;s commercial property is now down to 7.5%, the lowest since 2001, and
rents are rising. Private equity deals are multiplying, especially in the banking sector.
Volumes in the stockmarket are picking up and the 22% jump in long margin during July is the
sign of a nascent recovery in domestic sentiment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>INVESTMENT STRATEGY</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The fund is 97% invested and holds positions in 63 companies.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In Taiwan we have increased the beta of the portfolio, selling the steady but dull Chunghwa
Telecom in favour of three companies with expanding businesses on the mainland: Uni-President,
China Metal and Familymart. In the A-share market, we adjusted the portfolio in the opposite
direction as we sold the high-flying Baoding Tianwei, following the Nasdaq initial public
offering (IPO)&nbsp;of its solar-power subsidiary Yingli, and buying Shanghai Tunnel Engineering
instead. July&#146;s hot IPO, in which we took a short-term stake, was the tissue manufacturer
Vinda.
</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><I>Chris Ruffle, Martin Currie Inc*</I>
</DIV>
<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%; text-indent:-3%">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Martin Currie Ltd and Heartland Capital Management Ltd (HCML)&nbsp;have established MC China Ltd
(MCCL), as a joint venture
 company, to provide investment management or investment advisory
services to the range of China investment products
 managed by Martin Currie. MCCL has appointed
Martin Currie Investment Management Ltd (MCIM), or its affiliates, as
investment
 manager of
Martin Currie&#146;s China investment products.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 3%; text-indent:-3%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HMCL has seconded both Chris Ruffle and Shifeng Ke to MCIM or its affiliates on a full time
basis with the same roles and
 responsibilities as if they were full time employees.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>31
JULY 2007</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>FUND DETAILS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="75%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Market cap</DIV></TD>
    <TD>&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD align="RIGHT" valign="top">&nbsp;</TD>
    <TD align="right" valign="top" NOWRAP>US$638.9m</TD>

</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shares outstanding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">14,575,961</TD>

</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Exchange listed</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="right">NYSE</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Listing date</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="right">July 10, 1992</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Investment adviser</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="right">Martin Currie Inc</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Source: State Street Corporation.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">ASSET ALLOCATION
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><IMG src="b66599a1b6659903.gif" alt="(PIE CHART)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SECTOR ALLOCATION</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">The China</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">MSCI Golden</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Fund, Inc</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Dragon</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Industrials</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">23.5</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">9.9</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Financials</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">16.8</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">31.9</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consumer discretionary</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">14.2</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">5.5</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Energy</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">12.9</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">8.3</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Healthcare</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">8.8</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Information technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">6.8</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">24.1</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Consumer staples</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">6.4</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">1.3</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Materials</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">4.1</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">7.2</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Utilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">3.5</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">3.8</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Telecommunications</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">7.9</TD>
    <TD nowrap>%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Other assets &#038; liabilities</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right">3.0</TD>
    <TD nowrap>%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&#151;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>100.0</B></TD>
    <TD nowrap><B>%</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
    <TD align="right"><B>100.0</B></TD>
    <TD nowrap><B>%</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Source: State Street Corporation. Source for index data: MSCI
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="line-height: 25pt"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B>PERFORMANCE</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><B>(US$ RETURNS)</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="76%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">NAV</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Market price</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">One month</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">9.6</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14.6</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Year to date</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">56.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28.2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Three years %pa</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">42.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31.1</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Past performance is not a guide to future returns.<BR>
<BR>
Source: State Street Corporation

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>DIRECT INVESTMENTS (0.4%)</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="34%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="51%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sino-Twinwood</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Information technology</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">teco Optronics</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Information technology</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>15 LARGEST LISTED INVESTMENTS (41.9%)</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="52%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Merchants Bank</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Financials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">4.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shanghai International Airport</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Industrials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Xinjiang Tebian Electric</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Industrials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Finance Street</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Financials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shanghai Zhenhua Port Machinery</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Industrials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Daqin Railway</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Industrials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Chaoda Modern Agriculture</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consumer staples</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Oilfield Services</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Industrials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.5</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Synnex Technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Retail</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Golden Meditech</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Healthcare</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Fuh-Hwa Financial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Financials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.3</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Far East Energy</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Energy</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.2</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Far Eastern Department Stores</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consumer discretionary</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.2</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Yangtze Power</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Utilities</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cathay Financial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Financials</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.0</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Source: State Street Corporation
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="line-height: 25pt"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B>FUND PERFORMANCE (BASED ON NET ASSET VALUE)</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><B>(US$ RETURNS)</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="23%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">One</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Three</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Calendar</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">One</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Three</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Five</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Since</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">month</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">months</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">year to date</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">year</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">years</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">years</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">launch</TD>
    <TD>&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">% pa</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">% pa</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">% pa</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>The China Fund, Inc.</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>9.6</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>26.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>56.5</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>93.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>42.5</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>36.7</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right"><B>13.7</B></TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">MSCI Golden Dragon</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21.3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">21.3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">55.2</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30.8</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23.0</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">n/a</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Hang Seng Chinese Enterprise</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">11.2</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">33.1</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28.4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">94.3</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">45.4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">45.4</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">n/a</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shanghai Stock Exchange 180</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">25.5</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">112.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">250.8</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">61.7</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28.2</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">n/a</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Past performance is not a guide to future returns.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Source: State Street Corporation. Launch date 10 July&nbsp;1992. Three year, five year and since launch
returns are all annualised.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Source for index data: MSCI for the MSCI Golden Dragon and Copyright 2007 Bloomberg LP
for the Hang Seng Chinese Enterprise and the Shanghai Stock Exchange 180. For a full
description of each index please see the index descriptions section.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>PERFORMANCE IN PERSPECTIVE</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="b66599a1b6659904.gif" alt="(LINE GRAPH)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Past performance is not a guide to future returns.<BR><BR>

Source: Martin Currie Inc as at 31 July&nbsp;2007.

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>THE CHINA FUND INC. PREMIUM/DISCOUNT</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="b66599a1b6659905.gif" alt="(LINE GRAPH)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Past performance is not a guide to future returns.<BR><BR>

Source: Martin Currie Inc as at 31 July&nbsp;2007.

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>10 YEAR DIVIDEND HISTORY CHART</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="b66599a1b6659906.gif" alt="(BAR GRAPH)">
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Total</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.50</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.08</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.11</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.13</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.21</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.78</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.58</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.51</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4.01</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Income</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.50</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.08</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.11</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.13</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.06</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.07</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.20</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.22</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.30</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Long-term capital</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.67</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.27</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.29</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2.73</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Short-term capital</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.15</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.04</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.11</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.00</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.98</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Past performance is not a guide to future returns.<BR><BR>

Source: State Street Corporation.

</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>31 JULY 2007</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="43%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Sector</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Company (BBG ticker)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Price</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Holding</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Value $</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">% of portfolio</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Hong Kong</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>20.1</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Chaoda Modern Agriculture</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">682 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$5.9</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">26,407,900</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">19,907,190</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Golden Meditech</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">8180 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$4.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">35,040,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">17,818,505</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Xinao Gas</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2688 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$11.1</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,286,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">13,169,696</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Travel International</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">0308 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$5.3</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">18,148,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">12,242,970</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Huabao International</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">336 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$7.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">12,790,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">12,190,835</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.6</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Tianjin Development</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">0882 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$9.3</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,440,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10,007,245</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">TPV Technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">903 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$6.1</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">12,728,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,838,743</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.3</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Parkson Retail</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">3368 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$59.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,111,500</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,378,872</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Shineway Pharmaceutical</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2877 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$5.7</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">11,184,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,073,646</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Natural Beauty Bio-Technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">157 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$1.8</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">32,780,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">7,371,327</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.0</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Ports Design</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">589 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$18.8</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2,678,500</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,447,579</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shangri-La Asia</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">0069 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$18.6</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2,678,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,364,255</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Fountain Set</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">420 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$3.3</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">13,026,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,492,235</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Yorkey Optical International</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2788 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$2.9</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">13,858,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,099,377</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Rare Earth</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">769 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$2.4</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">15,254,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">4,697,047</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.6</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Chinasoft International</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">8216 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$1.9</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">4,000,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">971,041</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Ocean Grand Chemicals</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2882 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$0.3</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">17,379,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">688,352</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Arcontech</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">8097 HK</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">18,386,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>China</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>1.9</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shanghai Lujiazui Finance</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">900932 SHA</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">2.5</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,804,366</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">14,336,784</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Singapore</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>3.6</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Yangzijiang Shipbuilding</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">YZJ SP</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">SG$2.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,347,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,878,418</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">CDW</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">CDW SP</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">SG$0.2</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">60,000,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,728,898</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Bio-Treat Technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">BIOT SP</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">SG$1.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10,615,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,722,565</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Hsu Fu Chi International</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HFCI SP</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">SG$1.2</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,409,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,490,437</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Hong Kong &#145;H&#146; shares</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>9.8</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Oilfield Services</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2883 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$11.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">12,650,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">18,587,135</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.5</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Shenhua Energy</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">1088 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$31.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,435,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">13,824,880</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Petroleum &#038; Chemical</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">386 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$8.3</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">11,696,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">12,343,590</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Zhejiang Expressway</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">576 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$9.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10,304,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">11,835,582</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.6</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">BYD</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">1211 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$56.8</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,368,500</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,931,555</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.3</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Anhui Expressway</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">995 HK</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">HK$7.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,780,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,098,548</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Taiwan</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>28.1</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Synnex Technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2347 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$69.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,481,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">17,965,482</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Fuh-Hwa Financial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2885 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$21.6</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">26,413,545</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">17,349,261</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.3</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Far Eastern Department Stores</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2903 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$31.2</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">16,952,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">16,120,650</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.2</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Cathay Financial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2882 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$86.2</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,708,370</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">14,997,759</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.0</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Powertech Technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">6239 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT155.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,114,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">14,711,512</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.0</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Uni-President Enterprises</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">1216 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$35.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">13,337,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">14,410,578</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.0</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Formosa Petrochemical</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">6505 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$91.2</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,085,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">14,134,902</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Tripod Technology</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">3044 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT144.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2,974,083</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">13,098,692</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Merry Electronics</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2439 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT116.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,584,340</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">12,672,847</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Metal Products</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">1532 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$63.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,243,123</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10,067,870</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Fubon Financial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2881 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$30.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10,387,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,655,994</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.3</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Asia Optical</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">3019 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT144.5</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,936,153</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,527,359</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Synthetic Rubber</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2104 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$48.6</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,294,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">7,833,939</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Lien Hwa Industrial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">1229 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$20.0</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10,732,616</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,542,483</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Data Systems Consulting</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">2447 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$45.7</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">4,566,813</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,354,202</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Wah Lee Industrial</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">3010 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$70.6</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2,838,856</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,108,788</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Taiwan Secom</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">9917 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$51.6</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,837,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,034,600</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Taiwan FamilyMart</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">5903 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$54.3</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,487,895</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,772,584</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Yieh United Steel</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">9957 TT</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">NT$19.2</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,483,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,535,050</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Unitied Kingdom</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>1.5</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Medical System Holdings</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">CMSH LN</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&#163;</TD>
    <TD align="right" valign="top">1.5</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,623,188</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">10,808,351</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.5</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>United States</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>5.2</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Far East Energy</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">FEEC US</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">1.5</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">11,111,111</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">16,444,444</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.2</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Mindray Medical International</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">MR US</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">31.0</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">367,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">11,377,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.6</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Medical Technologies</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">CMED US</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">32.7</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">271,500</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,883,480</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.2</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Chindex International</DIV></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" nowrap valign="top" align="right">CHDX US</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">21.6</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">69,987</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,513,119</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.2</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Equity linked securities (&#145;A&#146; shares)</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>26.4</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Merchant Bank</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">3.9</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">8,254,855</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">32,482,854</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">4.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shanghai International Airport</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">5.4</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,662,300</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">29,024,950</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Xinjiang Tebian Electric</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">5.9</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">4,676,642</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">27,737,164</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="46%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="6%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left">Sector</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Company (BBG ticker)</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Price</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Holding</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">Value $</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right" colspan="2">% of portfolio</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Finance Street</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">4.7</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,439,953</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">24,914,985</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shanghai Zhenhua Port Machinery</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">2.9</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">7,454,352</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">21,744,345</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.9</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Daqin Railway</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">2.1</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,710,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">20,556,070</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.8</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">China Yangtze Power</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">2.4</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">6,441,077</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">15,194,501</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">2.1</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Qinghai Salt Lake Potash</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">5.3</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,725,209</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,217,792</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.3</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Baoding Tianwei Baobian Electric</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">4.7</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,947,486</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">9,072,811</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1.2</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Shanghai Tunnel Engineering</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">1.9</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,441,747</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">5,369,125</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.7</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Direct</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>0.4</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sino-Twinwood</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">US$</TD>
    <TD align="right" valign="top">6.1</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">500,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3,050,000</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">0.4</TD>
    <TD nowrap valign="top">%</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">teco Optronics</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">1,861,710</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&#151;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Other assets &#038; liabilities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>22,379,743</B></TD>
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">&nbsp;</TD>
    <TD align="right" valign="top"><B>3.0</B></TD>
    <TD nowrap valign="top"><B>%</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>INDEX DESCRIPTIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>MSCI Golden Dragon Index</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The MSCI Golden Dragon is a free float-adjusted market capitalisation index that is designed
to measure equity market performance in the China region. As of May&nbsp;2005 the MSCI Golden
Dragon Index consisted of the following country indices: China, Hong Kong and Taiwan.<BR>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Hang Seng China Enterprise Index</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Hang Seng China Enterprise Index is a capitalisation-weighted index comprised of
state-owned Chinese companies (H-shares) listed on the Hong Kong Stock Exchange and
included in HSMLCI index.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Shanghai Stock Exchange 180 Index</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Shanghai Stock Exchange 180 &#145;A&#146; Share Index is a capitalisation-weighted index. The
index tracks the daily price performance of the 180 most representative &#145;A&#146; share stocks
listed on the Shanghai Stock Exchange.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>OBJECTIVE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The investment objective of the Fund is to achieve long term capital appreciation through
investment in companies and other entities with significant assets, investments, production
activities, trading or other business interests in China or which derive a significant part
of their revenue from China.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Board of Directors of the Fund has adopted an operating policy of the Fund, effective 30
June&nbsp;2001, that the Fund will invest at least 80% of its assets in China companies. For this
purpose, &#147;China companies&#148; are (i)&nbsp;companies for which the principal securities trading market
is in China; (ii)&nbsp;companies for which the principal securities trading market is outside of
China or in companies organised outside of China, that in both cases derive at least 50% of
their revenues from goods or services sold or produced, or have a least 50% of their assets in
China; or (iii)&nbsp;companies organised in China. Under the policy, China will mean the People&#146;s
Republic of China, including Hong Kong, and Taiwan. The Fund will provide its stockholders with
at least 60&nbsp;days&#146; prior notice of any change to the policy described above.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The fundamental policy, which applies to not less than 65% of the Fund&#146;s assets as set out in
the Fund&#146;s prospectus dated 27 June&nbsp;2005, remains in place. The fundamental policy is the same
as the operating policy set out above, except that China only includes the People&#146;s Republic
of China and Hong Kong.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Fund is subject to the Investment Company Act of 1940 which limits the means in which it
can access the &#145;A&#146; share market. The Fund will continue to seek the most efficient way in which
to increase its &#145;A&#146; share exposure ensuring ongoing compliance with its legal and regulatory
obligations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>CONTACTS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The China Fund, Inc.<BR>
c/o State Street Bank and Trust Company<BR>
2 Avenue de Lafayette, 6th Floor<BR>
PO Box 5049<BR>
Boston, MA 02206-5049<BR>
Tel: (1)&nbsp;888 CHN-CALL (246 2255)<BR>
www.chinafundinc.com

</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Important information</B>: This document is issued and approved by Martin Currie Inc (MC Inc), as
investment adviser of the China Fund Inc (the Fund). MC Inc is authorised and regulated by the
Financial Services Authority (FSA)&nbsp;and incorporated under limited liability in New York, USA.
Registered in Scotland (No BR2575), registered address Saltire Court, 20 Castle Terrace, Edinburgh,
EH1 2ES. Information herein is believed to be reliable but has not been verified by MC Inc. MC Inc
makes no representation or warranty and does not accept any responsibility in relation to such
information or for opinion or conclusion which the reader may draw from the newsletter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Martin Currie Ltd and Heartland Capital Management Ltd (HCML)&nbsp;have established MC China Ltd (MCCL),
as a joint venture company, to provide investment management or investment advisory services to our
China product. MCCL has appointed Martin Currie Investment Management Ltd (MCIM), or its
affiliates, as investment manager of our China funds. HMCL has seconded both Chris Ruffle and
Shifeng Ke to MCIM or its affiliates on a full time basis with the same roles and responsibilities
as if they were full time employees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Fund is classified as a &#145;non-diversified&#146; investment company under the US Investment Company
Act of 1940. It meets the criteria of a closed ended US mutual fund and its shares are listed on
the New York Stock Exchange. MC Inc has been appointed investment adviser to the Fund.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Investors are advised that they will not generally benefit from the rules and regulations of the
United Kingdom Financial Services and Markets Act 2000 and the FSA for the protection of investors,
nor benefit from the United Kingdom Financial Services Compensation Scheme, nor have access to the
Financial Services Ombudsman in the event of a dispute. Investors will also have no rights of
cancellation under the FSA&#146;s Conduct of Business Sourcebook of the United Kingdom.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This newsletter does not constitute an offer of shares. MC Inc, its ultimate and intermediate
holding companies, subsidiaries, affiliates, clients, directors or staff may, at any time, have a
position in the market referred to herein, and may buy or sell securities, currencies, or any other
financial instruments in such markets. The information or opinion expressed in this newsletter
should not be construed to be a recommendation to buy or sell the securities, commodities,
currencies or financial instruments referred to herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The information provided in this report should not be considered a recommendation to purchase or
sell any particular security. There is no assurance that any securities discussed herein will
remain in an account&#146;s portfolio at the time you receive this report or that securities sold have
not been repurchased.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">It should not be assumed that any of the securities transactions or holdings discussed here were or
will prove to be profitable, or that the investment recommendations or decisions we make in the
future will be profitable or will equal the investment performance of the securities discussed
herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Investing in the Fund involves certain considerations in addition to the risks normally associated
with making investments in securities. The value of the shares issued by the Fund, and the income
from them, may go down as well as up and there can be no assurance that upon sale, or otherwise,
investors will receive back the amount originally invested. There can be no assurance that you will
receive comparable performance returns, or that investments will reflect the performance of the
stock examples contained in this document. Movements in foreign exchange rates may have a separate
effect, unfavorable as well as favorable, on the gain or loss otherwise experienced on an
investment. Past performance is not a guide to future returns. Accordingly, the Fund is only
suitable for investment by investors who are able and willing to withstand the total loss of their
investment. In particular, prospective investors should consider the following risks:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The companies quoted on Greater Chinese stock exchanges are exposed to the risks of political,
social and religious instability, expropriation of assets or nationalisation, rapid rates of
inflation, high interest rates, currency depreciation and fluctuations and changes in taxation,
which may affect income and the value of investments.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>At present, the securities market and the regulatory framework for the securities industry in
China is at an early stage of development. The CSRC is responsible for supervising the national
securities markets and producing relevant regulations. The Investment Regulations, under which
the Fund invests in the People&#146;s Republic of China (&#145;PRC&#146;) and which regulate repatriation and
currency conversion, are new. The Investment Regulations give CSRC and SAFE wide discretions and
there is no precedent or certainty as to how these discretions might be exercised, either now or
in the future. The Fund may, from time to time, obtain access to the securities markets in China
via Access Products. Such products carry additional risk and may be less liquid than the
underlying securities which they represent.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>During the past 15&nbsp;years, the PRC government has been reforming the economic and political
systems of the PRC, and these reforms are expected to continue, as evidenced by the recently
announced changes. The fund&#146;s operations and financial results could be adversely affected by
adjustments in the PRC&#146;s state plans, political, economic and social conditions, changes in the
policies of the PRC government such as changes in laws and regulations (or the interpretation
thereof), measures which may be introduced to control inflation, changes in the rate or method of
taxation, imposition of additional restrictions on currency conversion and the imposition of
additional import restrictions.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>PRC&#146;s disclosure and regulatory standards are in many respects less stringent than standards in
certain OECD countries, and there may be less publicly available or less reliable information
about PRC companies than is regularly published by or about companies from OECD countries.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Shanghai Stock Exchange and Shenzhen Stock Exchange have lower trading volumes than most OECD
exchanges and the market capitalisations of listed companies are small compared to those on more
developed exchanges in developed markets. The listed equity securities of many companies in the
PRC are accordingly materially less liquid, subject to greater dealing spreads and experience
materially greater volatility than those of OECD countries. These factors could negatively affect
the Fund&#146;s NAV.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Fund invests primarily in securities denominated in other currencies but its NAV will be
quoted in US dollars. Accordingly, a change in the value of such securities against US dollars
will result in a corresponding change in the US dollar NAV.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The marketability of quoted shares may be limited due to foreign investment restrictions, wide
dealing spreads, exchange controls, foreign ownership restrictions, the restricted opening of
stock exchanges and a narrow range of investors. Trading volume may be lower than on more
developed stockmarkets, and equities are less liquid. Volatility of prices can also be greater
than in more developed stockmarkets. The infrastructure for clearing, settlement and registration
on the primary and secondary markets may be underdeveloped. Under certain circumstances, there
may be delays in settling transactions in some of the markets.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The value of the fund&#146;s investment in any Quota will be affected by taxation levied against the
relevant QFIIs or in respect of investments held in the relevant Quotas. The PRC taxation regime
that will apply to QFIIs and investments made in or through QFII quotas is not clear. The
Investment Regulations are new and do not currently expressly contemplate the treatment of QFIIs
and investment made through QFII Quotas.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left"><FONT style="font-family: wingdings">&#232;</FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It should be noted that the position with regard to PRC taxation of the Company and its gains and
profits remains unclear. Until such time as the PRC taxation position of the Company is
clarified, the Company will process all subscription and redemption requests based upon
provisional Net Asset Value calculations, determined without making any provision for PRC capital
gains taxation, but with a provision for withholding tax of 10% on all dividend income received.
The number of Ordinary shares allotted to any investor, and the final redemption price per share,
will be recalculated upon the taxation position being clarified. The Company will require an
indemnity in respect of such amount of any redemption proceeds as they consider prudent to allow
for potential PRC taxation liabilities that may be included in the final Net Asset Value
calculation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In practice this means that, should any tax be payable retrospectively, the Company&#146;s Net Asset
Value will be adjusted to the extent that existing shareholders are liable. All shareholders will
be required to sign an indemnity prior to being permitted to redeem all or part of their
shareholding to protect the Company and the existing shareholders. Any change to the withholding
tax rate which is applied to the Company on an retrospective basis will result in an adjustment
of the Net Asset Value of the Company for the benefit of, or if charged at a higher rate than the
existing provision, detriment of existing shareholders.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Although Martin Currie complies with the Global Investment Performance Standards (GIPS), the fund
returns used in this document are calculated on the net asset value and therefore fall outside the
scope of the GIPS standards.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Martin Currie Inc, registered in Scotland (no BR2575)<BR>
Registered office: Saltire Court, 20 Castle Terrace, Edinburgh EH11 2ES Tel: (44)&nbsp;131 229 5252 Fax: (44)&nbsp;131 222 2532 www.martincurrie.com/china<BR>
North American office: 1350 Avenue of the Americas, Suite&nbsp;3010, New York, NY 10019, USA Tel: (1)&nbsp;212 258 1900 Fax: (1)&nbsp;212 258 1919

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Authorised and registered by the Financial Services Authority and
incorporated with limited liability in New York, USA. Please note: calls to
the above numbers may be recorded.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>b66599a1b6659901.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 b66599a1b6659901.gif
M1TE&.#EAOP)B`.8``/?ZS\W.R[9F$^#G7*W.%(^T&(Z,BNBI#?[]_=RM=7.(
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M#O`?*/[[_/30,IVKF;TG!8)U%/SV[OGY^>N*&O-`2?O]_?.U-?S]^1@:$,;`
M1#\Z,#Q_(.WNZ?');V-=7*]^.>_=O/_W^=:B8IR7E>+`D</!P/>=:MG9U=]W
M/OJ[NO?\^_$/(/?W]?O[^_/CSEV;(/``%LR,0`\S%_O*OO___R'Y!```````
M+`````"_`F(```?_@'^"@X2%AH>(B8J+C(V.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*5_3%8:JJNLK:ZOL+&RL[2UMK>XN:M6J;J^O\#!PL/$Q<;'R,G*R\RS
M5E+/4M+3U-"WO%78VMD:S]'5U<VQ=GOEYN?HY1J"3!RF[_#O'$SQ]?;W^/GZ
M^_R*('\(_M0(\B&'@BT63BCLH/`$!`L)%E```P;!E!]$N(BAL`!`BR03G%28
M$)(DR0$-`.B@\:%'#CTK6)@QL:%F318V`$Q$$#!@*`WI@IY;=\I=OZ-(!<U+
MRK2ITZ=0HTX"`0(!"#%BI@`@$T*!`B`(%S9TB&1.`AAY%G1L@:9!@QID_\A@
M<2*R@MV[!(XT6#"%"HT<+U<(-F/$IDT6&:A00'#E2M6?0B,3;2>U\JBEEC-K
MWLRY\R6J"#9.6?!BB0`!6]1L03)6(00(+JI4F3,'C>TP809@`5G!R82[P"L4
M"`(@])D(@07'G&FXII$,.J=<Z0D*:.2@DXUZWAX),_?OX,.+[W=5#`@*:\)X
M\7(:"6N%.UK/8%"%/@,O!_+3+;GD;H$"_1&40P0+@-$%!3:PH!P+#!)&4W,X
M`2#=%7]4Y1,GUEV'3G;C=5B(=QZ&*.*()#82&@7FY4&"&@+0QH``+I2Q0P<,
M,:30?/75=]\!^.WG&P%VA1""@"Q`8,,"6-U!!/^#@YG!@A%&/`@A$7Q1N-B%
MFV2HH3D<EA@>B%Z&*>:8VUTQQ6(@$!'":DB<-H<++IQ`HXT=M$F?;*AYP<">
M.^KG7PY/.FG#1%@M:<:AA$$997,VY2"$&%8^UHF66^[1)9F=@8GIIIQVN@]C
M(%RQ0`8A)+0#G.VYL$-\<9XP@Q:P:C'#%EL(8!^?]^%WP!(*/`DE"XHQA@`5
M,AB!J`G&1BEE<Q'H)(95_TQ:Z5#L:.=I99I>J^VVW&["TQ]7`$"J!1YTL$,,
M0[3)X@PSP/DJK%+("D&;LNF(*WY+6!`EE,U"RA.QQLYDPL`$,[I!!T;D-`6T
MGE"ZY:7=.I5MQ!17;+'_(0B``5`#0>20D+E#C''##6/,<-J[\<8KJWL"V+N>
M%W'$@5N^R!K!@@Y(X@&I$A&8<"C!0"]K&`M"7(FE)@YK"/'%_4S,]--0=YHQ
M0#44`*B<.PP1LL@CQ^#"J]+`RBX2M:X7!AHMK"$1!12\$8*B+"B@&$5B_+&`
M#4'35#"C'FQ@`G1L.$85AM-R66W43=.#^.*,CSDU&%5?#?+68W!]@[NQ"L`'
M&C4(\0,`:T]X!1<ZA/`D@T&@6-4_=1"1MTT#&[:L$410,-W@61:NSN&-X^-T
M[\`'SUG&C.E0T,=95ZY\Y4.DD4`3:B3@QQIIJ865&!3Q=`4>/^@`A`4,YJ`#
M_T\!_2,&%2R\#OOZ4LH``!>"$Z[[TL*7\GO]^.>?5/97'!&"Y,E;WAB&L(,C
M<>$"/V`;V[`"AF>1CWQ<\`N#]!`!(4R'?'\0PP)DX+.@&<QO4C(!SJ@2+:3I
MSE*\TQ\I[J?"%KH0'MF;0@:.AS7**6\'*%A`%WA"D3I4Y($/7!T%`!`!!>4@
M`PM@0VC(IT&\J<]OLHM=32*@&-!\"Q-)NP[]7L@)%G+QBV#<1/9&U14C0`!D
M`AQ"&9HP$8!@4!!`Y`D)0:"$!+&`!K5K#!RM4@=B#4Q@0H.=%#?``BI9\6B4
MR*)D4AC&37BQD9",I",H`@(ND$H!%CCCJBBG-0A0H?^$<R2A(L1@1^C4K2<^
M$<,=;`#"#@:R)GO;0+_^@<A$GG"+DIS$(W/)RU[^@9(+"$(9(5!#YA%0!DJH
MVR_KP$SS4,69A>!)%Y8$A*()[BH^L0KZ0/BS5\9R!4087"TGH4BAX-*7CM@E
M.M<)1DK^@""8).;DM$9`-Z#(@6+``QXL%)H?1G,*0CABE2A0GFQJL&=_%-@'
M]_:<.IS2A/-C)#L?H<Z)6G0[HMPCEN)XH2MF-!(9`P$`!*0OK&5-:S.R@7DJ
MXL9L9LR?A&`,%2+0`-LA@*!3@^,5Q"`$&7`SELTIF`G<%ZIG":*$Y+RE1"^Z
MB(HR]:GZP)T;0PG'4/+S6^3_.^0A`Z)`I%:H$1KCV`>ZDLD:$C`^<C#/)*1Y
M!HHD@B=XN%MA$OK*5OIM!8]BPQ0>0]!*E!,[2UU$`@9+V,(:]K"(3:QB%\O8
MQCKVL9`]2W<4!]7*)J6O@RCA.`EQ'H)&2XYSG&I7/UN)L!*D*T4RZ:IVX$FI
M0N**`'DK`O!`@1]$@)L*-9A0=4`!-CCPJWY5:E$BP8?B&O>XR$VN<I?+W.8Z
M][G0C:YT^9"`R49"#@;(;@D<40(W:%<12G#`$](P@A&DP0!PV.P?')#=,RC"
MNW(81`"R2]_ZVM<!A(`#>A6AWR@88KYN.(02L@L'1LS7`'=PQ!FR:PC][C<1
M["WP_R%*$`44E'<$*#!```S!7OPN(@!NL'!YT_`$-P2@"Q,V@(<148+L*D&^
M]HTQ?0.<#\P>-;1N%,1&5`>0QOC8*M=CC(\O2#Z*9*]";XRM(@(BA-/&<R&K
M8H@%DNG51\!6MOM<`+%P.\@H$JQ9C;FR+2,Z7$A,]\QH3K.:U]S<ZD*BH@X8
MV0V>X`@WR'G#B(##".3,YS&@(+Z(V/,-#*"(&-Q@Q7;FLZ+Y/`)"&&#0BGAT
M&0QAYQ@$^@8Q2'`B2K#G-*B7$`$8F2%0,+(R;';/A&YP&19]@S08HM.*"$`:
M+*?H,?BWP3=H="+@,++M"B+1K%:TI?/A5:J&%EK\Y`@`W/_2@AHXNP8M:(%;
MW*(6HS40*V(V$0B:/-9>$5-.<SJ!`G@L"0R*&7=,I``7;*"L8]6D`T$5F`R$
M()W08%&XE#$SF_?-[W[[V\T4I:PCXBQG]S)"T#?`LR&B,+(QI,$-#HB"`5:-
M:847`N&`/H2A5PR'-'C\XR,S[\?/ZVA()T+2E,8T(@)@:#HGX@F8-G@C0GV#
M4<MYQ:\V>7Y+C8(H1/P)(W`Y(6!]"`0`.^A1@,//]WSK0O!:UWGN]2`Z/O(T
M&%KD'T?!46!+O&>2T)G*?LL`CI""%!```Q@@``'*GH(C#`#:*9'(;!GH4CE^
M^@_<_I\%RBJGAN2@@7<O.E:/AF[_5(XF"P3KIDW@#6^?S>1F4UA8M%P+B;^F
MXYR(\+?FU=R&-?R`!)N?+L#3*?!&Q'D,JZ9QK#$],HL/@N`CR/C4118#7U]<
MSB@8Y\85(3*<&^+1J48$R@M1Z40D6O:$D,/(5#]S41>"U`W7=,Z#+X@2B"P-
MTE<$T:,)\US;OA!GD/G.H7X(7M_@^SF7<%,>B`<C5^1,'%'+LEM`=K7;'^WX
MSS\!)M!V';0`=!0P!7C`0V"@,]=399RU;050$`;!=PT!`4!@'H$'"1\54V(`
M`!Q$5X8!;S]E!DCT6Q6"@(U@>1L26(H0>B@877GP!Y^7@M`U>HT`9R039R.`
M8HJ0!G/6_WJ&(`<B,P+BEWR&-FDY!W-CX'N#L'N)T'N1IG.','R$4'R(<`=[
M5@8V6`BKYFJ00',V5UY,.'1=:&=C\&*-L'U/.#(&@`>2\'3\)76)L&?J=Q0D
MQ'7D,T1B=P1V6'9GEW]ZJ(=JIP($H`)M5P-[8339E@A5(00+:!#Q]&T.`8%@
M((*?@0B,00$]Y7@_LW@'XS>(H@<ZP5D3:`@D2"UE]@@N6(K+M8(M:(K,!8.,
M((-CT`5(B`AG@'KFYWI_0(3H1WPC\X:"L&<A=@-E@(:&$(N'H(0GUX6%X(2#
M`(6(H'PWP'R"\&@Q8(L?YGR$0&HC4(N'@&K)"(R/0(:"<`:&YO]IDZ"&N\:&
ME\:+^_!1-Z46"_`69&=V>SB/>E@`^F=_?Z@"23``_R<1G;48>H0(SR0$+-&`
M>_<:C0@!-!`JGU@)GT412L)!Q[(L'.AXA40!F24IDA"*AC.*CN!<)`!Z?$`"
M;3!8R$4"@]4&T(62*2F2RQ62QE62"7"2(8F*;1"2+CE=,%E<S],$*OE<K-A4
MI<<(I_<'I*9UQC=GSNAZ)6!H2)D(2K!GY->+S]B4SZAQA\9[67F,U/=[WJB+
MP_9RF"9[/'B5D:"%SY=K5[!J*%"%@\"-)1>6!]=JA@!SM4<)YAAUYZ=]-Z".
M4:59=%@#8W=V:H=V_W&8](A_]FB/:(?_C_8W`?JXC\[6;-&V%X9XB`O8*WMW
MD*_Q$#009J00+6!0!U8!`.R&*,SQ;IEHB1]X8PU)"!RY.Q[9",W5!'_`!6W0
M!%,P"%PPDWP``Q?R`S^I7&WP`EC"!6_PDC_P!S#0>8/@F\6U@H>0!\I%`B\@
M!L-Y7#`@""C)!820!]FI7$&I"*[X!SP8AHB`!X8F!TM9"`RWEXN0:&+XEE<I
MC=DG",1H",8H?,A8<D)8AG)Y".I)EX*`!S@8C)*`EM>8:W]0`B-CA'#Y>KOH
M".#X!VQ9"7E9?NBXC7V9%$(6=C5P!$&``150C__Q`0O(F(FYAWGHF"ZJ=H&H
M$W*$%6ZT$553_Q"8M)F9]!H60`-3$#A`YDRH=$@:-0G9`P84P#-1XFZ8N`&(
M,F\+4#Y&E51DEF^DR%RVR04O(`B1]YQKP*7*A`#A:5S+^0<7L9N"\`+5N8(P
M4*:"`)U\()V&0)W)]:5_,*:_*0AOP*5<X!/"V6;6!0E%^0<X*'1.QZ#M20AV
MV7P)=WL!%I4W\)1'N)6(L)]-V)^#H(R_IG*+H(U_\)[(YP@*.@C8*`BD]I_T
MV95=0'%&R*%8.`AG\*`8RJ#G")_IF!0;\8XA.@%G=YC_@0$G^@'"*JPK:ICS
M2)@OBH\JP']'4#1B<"!&HT$#4`#_PP)[YQ6;Z9EZ=3T+Y$!6@5/FIO]6:_5+
M&^%'J+EX-,)-*P`=3`2)BQ";*#2;C%";L?6G?+"G9LJ"*DD"V_D':[!</]"<
MQI4`WCD%.5E<)+"<`?$#"8"3QX63-NFPR56F>-JO%N&;)&"G:KJ*@?H(@\IP
M`4JJ'9JH@X"#4XD(73`R34>5-$9PR)>?A6"I7MF5W8BJFQJRAT!J,=`%<F!H
M-"NJUBBRNJ8$/GM[-&N5N1:JM_>J@A!J,:"TCI"AN&:K'.J7^=`1`Y`"O*IV
MB+F8P3JLP_JKOKJ`8(NB8ZNBR:H":LM_-0``58&&"M0`25`!!6&M%N`5.;IW
M0"`1D#)D<K1`549YD7!M"R`'Z<.DJNFDAT+_4[$EN(X`KYAW"/1JIMGIG;?I
MDB3@G0APL`B;7/T*IPA;IBKB7*C(N<=%L<IEL=E)`KOY`X#Z9D.Y"(,*J>K(
M<CMKGCKHA9)::&9)GS2&`";KEC!+"#);LQ=VO!>V:C;[!\RH""6P:@9PH&Z9
MA4%KJK3*O#'GA3][!K-&,G_6A@0JH51X"-YE7^K(:S&`O.J[H>GGH10`CUO+
MHOGGJ\`*K%\KK#V0OWJ@O_G;`V&[F/BG=I"IM@1\!/_'0PBP`"V``P10M]>*
MMSD*!"T@!$*0$@!X2J!)-RQ5B(YK"#_$$43@`XZW`A2IB6:@!T3@0!W,")!K
M@HDPN?]Z7-*YL<9E_Z=X*IYZFEP)*PA-\%REVURHZ[F"0*<R?)NO&W"1,*A_
M\&@G"W,N1[)4N;N)`+V..@C.B'/#.PC%6W+!IFC+V[R*<'HD8[6,NH6PNF>2
M&J&%@`=10'$QX`;W295,B[TGBY^+1K/FU\5\EHM>2,;W8!'R)W8Z8(?Q>'_%
MB@$HBK\]H`>,W,C[F[__RYC*2L!JNX^#^+X\P,`.?*U"@K<Y$`0T$,H1D`$Z
M0`1"`(![]4QTEVT5F`@_)`9U<#>G`Q.#U'B'<B0/-&:%$[F&,+G)>5Q;^@<]
MK)V"<,/4]08PD,S!3,/&10+2:;K(]</,%<3(U:\P4*>"<,2DE\0D,P@.2O^U
M%GH#!@?%?X#&CF!HT.B+BIIK,I?%@K#%F=IJ#C#/]%S/!YIR.'MID6H)HVJ]
MY.>RJ:H(>&``7),&PNB%<\QP-9BS(R<R>`R,]1S1[,6^M^?'^-`89R)_`+!L
M#=`"@QS`]UB8BDFV+=&__NN_D=R8]D?).-#2.)`$22!M'9W)!&`UUFH$=RLD
M7>$50,`@"K("@$$#I%S!`(@B1SIXY;/",24(TT$!$6D$C$S"0D,8_4(\NCPM
MO%P(DSO,QA7,H-NO>*J;B,#,H6O$/LR"T%Q<U$S,PIQ<P:S-,1B[8=S-(DM]
M"FW%N5NRX:L(5Z"R53P(L*AS[OP'\!R-F&K87\S_J8V@?-/(S]5KE-<K"";K
M$VH<A8(VQ^6\UW^`OE!+"%1\J'4\=13=QQZJ4],!1^:A;!Y!=I)L=HZYA[XJ
MK/3+AP),R2K@TBZ=!#PP`#S0VQ-@TYED`5L0`DO0R0I0$#`A&#Z]`OM+`Q&@
M`RGA61ET1=_2RHL@1[%,!$7$R+D%2T;@/I"B,5==*5E-"%N-7%Y=S<4LQ$/\
M!DT@67]`UB.YG$3<7-(,L.O-WF/ZUAP+N]P\!J!&,C*GSH)`SC"WO(=`S@2^
MC)@FAH-=V$M\V!&>V/F<X&/IV#67EE/YS1Y6V6)Y`\@'CM]LT>'\T*$M".;'
MQ_1)XO:`8RVE/1NQ;"%:_W8JG:SX2-NU/<`$G-M)\-*XW=*]W=LJ0*V89$8Y
M7=Q`$`+([<C*H1QZD`-"301[417Q4X@FXA,<,5,L`!.*!TMZT`"0<M`;B6_6
M0IM8RL/H_:;J?:?(U08!T9O'Y6;RO</US5SWK5QK;5Q@[=;9W-](+*AT/0BK
M=FO*5P:V1\[O^8.'D.A_C=!VW*I:3*F7^K/Q3.&/P-B=7<8:7I?`N%T>C@B0
MNKL5VG*,\-GCMX;@7-%)017DAMI"ZD9X<`<`(`0M,'9'8.,"_*(DL;8$#-,P
MS=O2%FT#P-N9C`-!S@-)8--F]!`*$`)!HN0OX<A1/1B"\<A!H`.GO#;B>@D(
MX/];0E!$@[$HL$0T8?Z:@]#"\KH(YPW,:L[6X6F;?_#+`YNF.KR"=7Z*:`W$
M^;WF^]WGRS6>B5">A$"#"8:#U$?./3MGB]`%4YAST+C9(A-?#R[I,[N$ENX(
MF([A9KS&I/[IB`!S4UFAISJ]AF#JHGWBFSW:*\X4H>&M/0&">Y1/+R52]">/
M`;Q_D,FK)'$$DBG3&[W1"\`%"_.M_P`""@P2QM[;+6TU1?X:S;X$U`KM3<[<
MC*R_R5WM>O`!*4`$"<0V[OI6-/H';##VE!@!RMW=1D!O+3_>#^/"F7?F;<WN
M?_#5^UY<\"[OQ;7,.DS?T+6"5V#,?)#GQ;7G:?X'<-W_BG(-88$.1QNG!'F-
MNXV:EF.@Z(3PGA#:N^ML:A,/Z89-Z8B-SY=^X970SY!=QPPW^1Y_"":[M(8P
MB_NL"":/XI$]M2I.E2P>#[D\"+F/,=^2J[->`X.<`620`4>@`V\W;4"_-BC2
M52^//6#PCED+F<?>TA4`*/K"H\2]!-H?`CV@(&;@Y(_,OTR>]:2L$V-/(;HO
M1X4@2N9V!8'#$3UE!"LP$\R!+%1R4QA)I;OL]I(+"'R"@X--?W]-A'POAPF*
M,(=MBFV'4XZ"+PB'+XI\)#]_>9VCD']K@B2CH'^2G:6MA(Q_HX,)A[>XN;<<
M3+J^N`XW8[HH-VE1QKER-S<!_[H!S"-WOW(Q-V5@NB,W;KXES`[6#K^'8S?C
MY`8W!N1_ZF6Z;C<Q[<KS<O7UT#?$-R._VT9L8Y?O3[4;47)M2^/K";-NY,JL
MTP7'7[N*-TJTVP:GH,>/($/ZHK``@,F3`!:HI,`2A"\0,,6(^1-S08LC!%2H
MP(&#!P^>$RKD8&$$PHD3$+:$6,)T20$+1HR8,;.BZ@H]/;)JS:JGJYX<&80`
MX#(%@5E-,-/"/&LVUY0I5T"0I)*!!8NJ1C9L,*%CP14*,T7^T;"GL.'#B`MK
M.,2$0TA:@@PA4B3KTB!(7%(I6G-(S(\\7$*!XJ3H4RC(A$A,.?1YBF9"H#*3
MBM2)T?\/U+9`\@H9;%BN$F/&2.R(:UDS7_*,.<L%QUH,X@JY_9(7PQRZ7];;
MJ2/XZUV\>1^7Q<`G^-"^?O]\-9\WL3AY7&>VQ3@3G:$N)<5NH'B?2R+W6Q6E
M]PM&&I'#47D()B@8`E?(Q!)@8B`@1DLPM2,7"`B0)`09!$PP@4X]\8"%$Q44
M,)01)B"5%%,'.'%`!300988)4TE5E5=8:?5!5E?1H$,#"SC(DDHEH9322H"!
M`(9,FI@EQAE$1`"$77EMD(%?5V@B&&&)=6G88G\T]AADDB422R./_&!9:B]<
M<0L":[21ARF=D#"G**@-\D9HAR#PVB`_J$G+GES`,L@+/YC_24MN'^T&4F^^
MI,%,#-,4Q\QRN7217PQ/P!$`'%&@8$X,"?FR#43W60-..]FETUYWUWPWA@&T
MUDKK=;>(QY](Y^52C("Y(.`0,__]X48,*$01P*=N2#0&JK<L],L9DEZ3K*>?
MAFI.L7\$>!$S!0)T`W0*EFNN+VRE>T5<%>KBTBTQ_6%3"A5T.`$.3CB!Q;XO
M+G'B44AML40887CA11A+*$"E&2A*1=6-.7X@\58?9-""2@`TT$`++0PP``\?
M?\QQ"QH#P-)9?ZP[Q9!"9)`#BAM$L``>;6WIY<U@B@E2GCSWG%H3,+SQI\\]
M)P!#$T,3K;0BC'KDZ$>0ZH+,#4_H_V(<IO&HRLS6UV`=';3,;8VK+JW"RBTN
MWN62'-=<VV?I>`GVBLNOY`!';"[JL#UIJ?6U$X5$>F\=P]C=6D0.@1N->^[B
MC!^BUN/OHHQ+NV>5I$,*&!!0P03YNI@OP4UM@<06:@Q<L`!:S"``'UODT$-7
M5=UE!@NSWW5C5A)_4``&&'SH$T_`!R\\3TE@X3''#9A<%@)XU"&&$CI,N8$,
M`-1L\\U=YNS8SDMW[_WWX(=?2TA/>R2'&V`?<D<4;BBARQGHA^O+'0ZD$</]
M9:#@M2X.N+$_+NQSPZ[4)L!V!,!_!G0#WVYQ0/0Y\('D.@3\W$`?!$V0(FX@
M'"X:Z#4\!/\`!66X7PQ&X(!*\<\-$?1%`)XP`A&6800&&.`A2I#!=M#0#2;T
M1?_DU[@>E@=R:NF3]1SW!^9)B`(-T`'O,%"!S57@`"WZ',$,1@(UJ&$+,\CB
M#+2@!2\(8'0AV-'K<&05NU@%*Q++W(=4X(3A"<\)*O"0AYS`N3J2@0P#:$%*
M*,"@+DQA`4*(@`44\`,P`*8\7,(>8K0W)O$Y\I$^2T#2'MFT@I3/AYC,I"8W
MR<E.>O*3H"Q(6N`URG8XB0(`$,(1ELC$)E:`*15P0L$.YL49N&`'+LCE%AD@
M@"]N00$Y$"/NMC)&'/6@`!W2B4[HN,8XRC$H07&E-*79E"#H0"S_"^#C%?Y(
M!2)0``_91*0B$\-([D'RG.@<1!M",P5%G;.2^;AD*.=)SWK:\Y[XS*<I,:2E
M/F&('&?Y8P-J@#G>-1$#!2C`!W*0@P(<H06I,)@`;KF#'2!ABP+((A(&J8`P
M4FQ'(,V=Q':WQ@_5T4,$T)SFI!F"EG;TI2V-J4R70H87`(D";'C+%-APA7!>
M;YQ?8LSV/F+%HAKUJ$A-JE*7RM2F.G6II0C%4Z=:5$KHIA?ZS*I6M\K5KGI5
M%Q(:(@+:A:ZQ+J`!1R@H$X-0(H4RE`412-X:UB#)B98!8"?()1(VJH".AC%W
M.LI=0GEG+SEVJ$,';65""^!2!5@``I"-_VQD+?!8REK@ER&H`!EJ8+(KX`$,
M;CKD3X&ZAW)^I`^H3:UJ5\O:UKKVM;"-K6Q=FP4&SO:VJ?4!^;#ZU=[Z]K?`
M#:Y(QBK6L9(5%Q):`$$)L,3%,C8$#,V!#0#0!3:P(4-K(,$6(%`4O$)VD#D(
MP6)%*M+!IC2.4'Q1-)N8T)GV];$`Z\`).K"#$]3W!'?U+@0X6H$C`$D,=0!!
MEA"42-*:UB.X3;""%\S@/GC`?7]`08-AJ]NK"O?"&,ZPAK4JN3<-$4,S00`;
MN"`$YC97H4"`;E]I0(0%3`$/$Q(#"!9`A!1O8;LGT,M^P2O>W2GTQZS,7$I7
MZLKVRC0'?;VQZ/^,T@'Z5O3)4(9RDW,,604`(0B<74`=P#!$D!08J`<NR(3'
M3.8Q^Z`#96YMA1O%VPV[^<UPCK,G(V26OZ"5B>/]`'3#"X2P`("?$W(2`#*P
ME"4(X"B3[:MX*\"[Q09YR)ESY4R1W-?WBFZO]MW!$#;-Z4Y'N:)31LH@?60R
M+KMIM&`6:DC2S.I6NQJW:W9:F^5,ZUK;^M;Y:(M<`*"#("!4H2UE:$M]=%,A
MO@L,)&[B$F:`A,ER="GU(L`1IIV"E$::E48.0:4K/4C*&@4)%>WT$()#[G)[
M&M3RW>\6@*"#/W?Y(U\>9YCS@=L.^``%*/`!;)N,YM8V>=__[L.]S^S_6GZC
M=N#]+OAL[8UO?<LVUI:<-:XG3O&*8SAR-",)00M0(IGJ.0@9X"P?TW6+)0&`
M#*_\XG<YFN+,;NZA'9N`YGX]WCUOV[&6A6^F-UWNGO=<W.A.MP5H4(,I1$B<
MI%6,JD$R6P^,[0RO=0;465O;/R2<M?AP@`>@(^'6.B,`'<"4PUG;@7%X(+9/
MZ`)\NOY:B,=3XA:/N]SGCL\*.>FL07@N$(!`@R!,NP;)H\!.L\06Y(*@!:]\
MKV4KG6)D;LYX/"##>(&M8H7A/.?>/DJXQ^WSSIN;T^@.&!``<'14RWOIIXVM
M#R#<!2J4``]PB/H?IK[:JE]]M?B``W_8OEIG_\A!?F-?+3K.+OL_W,'UAP"#
M`2B\6[H[__G0[Z3=\8!*'<04"!'XT1Y9`A?"HT5+:6$0`(Y``\8BF:/`;"G'
M)P!%XY'AKPN-KL)88`'Z8QZR1W$RYSW/_S&,>]-]L`-3EA1K0`'O(A+QIDCS
M5@^QU0$5M'RI17Q>-WNM97NO]1X!((&NA2D9&%N!H8&K!1%9T&\>H!%W`(*J
MY7;U($_1UX(N^((?87<S%B49D`':MQ(8XGW&=8".`Q@,@D1Y]UPWIW[*)@!>
M,`!D`$SR-W^497\Y%UF:IVG[UW^>]W^;!FHG@`0OP$=(EW0+V`ZQ11QN@%M2
M5X&'<'NJ11YR@(*LM?\<9X"&K'4+;.A@[A,`J^4#TY`%;==\,-B'?OB'[B(7
M9Y4\2I`D_%1$;"$7!I@+,<$@,W8Y':=ME193KV1H`F`\DGAYF/>$4)AI4CB%
M5-AYYU8&2-`7/.AE2:=T83)4"`9;[E,""5:&5'>&%W@(3S!;RP&!L26'KD40
MP8=:^"`'>VAA@%B,QNB"(#`A)`$87-86Z2(A$W)<1,0@8X56[-582M%232$`
M6T`"6)"$2B99WO98^R594?B)XN9_ZAB*P0%Z+H`$:+``!):*I85ZK>A:'G`(
M>DB&%#B+5E>+?S"'O4>+LL6+9AAA/I"0"ND,=S",;':,$!F1<I<N>)",?4+_
M$S$!!AJ9#?6@)3:!$Y&HA"G61"UU8U/42RJG(I)5CI"%!``C@)^&CIW&CD/0
M!T/@`@(0!JM@>@IHCV(VC+J(B_U8>P396N1Q6\Z`![=ED*RE0;G@D+(FD5(Y
ME;6&,LY85AT&4(>@(2D5DL`D:0R%!`Q0,`S`2RZ):"L)`<WV73<&!.NV=S=F
M%"[@B>E8A>TX!CC)!P5XBAZ1@-CSA>3`?.X0BT.I6N@`A\!X"$A9F+#%E,)W
M"&Y0*Y%)*Y$)E1%'E9B9F<<HB`-`+Q706(['6#V0`TA@,%Y0EA,%,&FY!9<%
M!&1P325C)&M`!&\@)19PCCQ'A>^X!0(0CWQ9$'Z)_S,^26^OE8]_L(^+J003
M^(^N=91"27N[>`AS6'4":9EOIYG8F9W(*&`-T)D=UU'UTG$Y8`%((``,<)H,
M4`6VI)HJR7>PF4W\Q!8R1@%<``#=9`-N&86<UGDWL)LAL`5D4#T\^9?#R8"N
M:!`)1AQH6"F(V0?.*5NR6)#2Z5I5,Y@*IH+MP(+:N:$<:FO):&='D'<M%6T(
MU0..M5>J4Y;J>4O>-70ZL`8\M3)BL)%<MI&!]@=+L@!KD`%N:12;1V[,@)<;
M-4@`V@"_F0_!Z26`^0NQA0Y!&5M5-X:JA2H-^J"Q%:'1&9#X2!\G>*%\V*%@
M&J9RUB1(=`1M!6D+=9M(\/^.650%52`%N22`B!97"P!B+"%C-9.,3-(G:L<&
M"_`"-(!C/\H,>D59278`1CJ@PKF*JQ9;#YB"Q:D)78I:_U&EBOF<2SFAO7@(
M2A!\*$`%@OF08CJJI'IQ?#1CUCAD)3*:Y'F6N#0#5<!%%)6%0'`Q%$"CS2A$
M9I&#.NBG#8`&2W!C:YI+>K5739AD2R`$(Q<229H]!0J&L56"G"H'<C`-L'4=
MU.H^77"8`+F8T-F8QM>DMW`&`2`'>'"IKH6AY*"AI=JN[II/Q$439W4$<40`
M"66BY/F.`.,"6P2G<;H%%9!'VR<3R"6?1\<@5\`%-L!6KW1C7S0#HA.7BZ=H
M.F#_@$=*#LU*3L\:F++E`5D@/[#X6AU@`!7T!TJ@=23[AE%W!M_Z6G!P!L(X
M6^3ZBZWU!')0![A0`LBI9E_ZKC[[L_C$('\T`"J@.>9'66>YKR[`1?[J`EO@
M(4DP`#5`,LE#)`\R)$12)"]@`!:P:,IFB3>VB8H6`A4KC4A*CTOJ"[CE`3[P
M!$]`<-&*`D^0;ZC5`1Y0G7=;G:IEMWH;@?5V;S+PMGJKKK_`KD![N(B+22`&
M`$D@<P@%7>2(?TJ[M%GDM)OC(3J1!%$[M2.S,1JS,1SC,5MP%!WE8TN@;-HF
MMNE7L8JJI!O+I*\6N[(;NX3K"X:;N+B;NPNB%A30`O5J_WZ.!85&H7E#,`]9
M=&.,-F3/M+S,*T=+4%\0P`*Z,UA.E+J691?/)@07VPX9NTBOJ[:S&[[B.V&U
MJPNWJ[OHF[Z_L*M]PKB.RU@*DY8OJ6D[H&2E*V1#=ECZF[]=60%;L`,;P`+!
MY&-"]IF:.+$TT`!=:&#?JPOC^\`0/%OEFPOGJ[X6;,%:(@8VT;CVZE+>-KQX
M]60X1EGA-5B$Q;_YFSF-%JPG8`2N8\)JI#G6BWD*<"4+G&J,RG01O,,\G%OD
M\P4/$,1"/,1$7,1&?,1(G,1*O,1,W,1._,10',52/,547,56?,58G,5:O,54
M/`<2A9(9I45B/,9D#,9F?,9GS/\`6H3&Y@G&9*PZ<T#%5H"V#?R4/7S'$#S!
MN,`!7R`!?OS'@!S(@CS(A%S(AGS(B)S(BKS(C-S(COS(D!S)DCS)E%S)EGS)
M@2P"0,S%G/P`3-#)H+S$<YR*:>O`>'S*X:O'NU`$?M#*KOS*L!S+LCS+M%S+
MMGS+N)S+NKS+O-S+OOS+P!S,PCS,Q%S,Q@S+#R`!%MR]AU'*N9"WT!S-TCS-
MU%S-UGS-V)S-VKS-T(P"Y,/*QQS.XCS.Y%S.YGS.Z)S.ZNS+R;S,=)S#%ZP;
MX+S.]%S/]GS/^)S/^ES/[:R^S!Q4\!S/3C//^US0!GW0")W0"BW._9R^_ZR*
M.B/0`[W_T!1=T19]T1B-SPV-O@]=CP$MT2M(T!D]TB1=TB9]TJ^\T;K;T<X,
MTG_``2*-TC(]TS1=T^JLTIM$!T4@`@]P"U/`!!>@"W3`BK=`!R)`#ESP`")0
M!$']!WX@`A*P"DK=TUP`R'3@22Q=QRX-TS;=U5[]U6#=RSBM24/-QSU]`2)@
M!U"@"TR@S$)]U+_P`P]`!TSP!5QP`78`TT7P!W2@`4;-!%/P`!SP`!I`U)F4
MU1_MTH4;TV'=V([]V#(]UIRDU'\`!7R\UKG0UG_P`$'-!KU@U#^`59:M"U-@
M!5!`V5!@!5/P!8[!`6#R!WC-)YR$V!&MV.O*V)"=V[J]VP<M_]F91-<:@-E_
M\`7"?0N:[==_\`-[P-<B@`!6$-02T-.YH-13$-U_L-JI[0>P;0>W0-E8_<ZU
M;=NVB]N\7=[F?=[E[-N81-?/?0O$S=;*C-Q<L-Q&O=G*_-ZX\`-J_0=%(-U?
M0`?[?0'+G=S!_4FT;=CBO<?DC=X,WN`.OLOJG4E\[-[%S1CQ?=7*S=RP;05^
ML->X``5VH-WV3>!<@-Q^8`6'\`!?`$H'GN"W_>`P'N,R3LL1WCA0\`-H[>'#
M7=QW+0*]4`1,D-3T#=<:4-BXX`<:\`!0``5<D-H7H.*;+0(7(`$>#L0L#MX(
M[N(OO>`SWN5>KMLUSC@2H,E,?0L2T/_4AP`%7R#EL/T%0+[B4(!5'&`'.\G7
M:RX"(@`%"%#7(G#5;%`$:Q[4/U`$=3[;6*[EX_WEBK[HNQWF7\4!;HUA+8[H
M%,SEC'[IF%[2CMY57V`':'YADT[IJYSII%[J)[WI7'4!JZ%AH2[J6V[JL![K
M%8WJI=KJHL[5LI[KNJ[/M$ZJMD[IN+[KPC[LZ-SKH_KKB![LQ+[LS%[,QBZF
MR*[ERM[LU%[M$![I'/W.2ET$W-[MWO[MX![NXC[NY%[NYG[NZ)[NZK[NW:[)
M>/[N\![O\C[O]%[O]G[O^)[O^K[O_-[O_O[O`!_P`C_P!%_P!G_P\OX%;L[N
M#-_P#O_P$']+[AI@!11?\19_\12_XG]PUQ?0\1[_\2`?\B(_\B1?\B9_\BB?
I\BJ_\BS?\B[_\C`?\S(_\S1?\S9_\SB?\SJ_\SS?\S[_\SS_!X$``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>b66599a1b6659902.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 b66599a1b6659902.gif
M1TE&.#EA?P"#`.8``'5K:OW]]Y^+=[6MS.[<QJ2;JH9V<?3JUVIHCL6PE%9'
M1;*EE<JZI#4J*X5XB_3DQ?+AO-?'J69:5L7#PZR7AZZIH_3<NE%".FY#.$4Z
M-JNDN)B+EW%D7.G3JF4Z,)F3J)Z4G-K7UI.)C(EI6E52>?[\[\&[R;JVO?OS
MY=G*L?WU[.GGYI6-HX582NC(EV)(0N/,MV=32DH\0^/,J_37J;&LN>WBR[&M
MJXV"@?GNX247%>S;O)Z7M'5;5'=31_#EU%8Z->74NV==;5TS*$Q"0>W5M>[=
MLG9*0T4T+>72LNO5OD(J)='!J%I/2(F`F-C#FU4J(]'-RC4P1,*B@(V#I#0A
M'E9*5LO%UE]34T@E'-[3Q_CQWY&4P<"SI\_`M.7:LMW/N86(MH%./DA$7)B-
MLOS[Z-^[CJ6>OO3S\A@3%IJ3CB0?*&)*3W1XHO?SYN7;P/'.H3\P,]_4JW%1
M4E0O+C\[4_?ZXIUZ7ST?&[.RL*:@HTHC)PH("0T*"PL)"O___R'Y!```````
M+`````!_`(,```?_@'\A(@N%AH45B8J+C(V.CQ44(APXD(\+D#<5>IB6GHV'
MH8><-X(I.3E;;PD,K5U>44$V/RHEMK<E`;J[O+T!)64E;F!=.```!@O!P+C-
MN"D_MV4!*K]N*M@EV"IEW67;X.'B*BCEYBA;Z>I;J:4A$0?Q#!P`'!+W'`8X
M%&[=SKZ]<`4K\\,`AQ@].'!8X`R7FP,JW-AR0\'+K5IN<FCI$N4'+7#>QHG$
M=N[<.G6H#KB#)R^&0@D*[2D\X*T9P%W.OFD9T<-'#PDQ!$AL6"(%@VNUW@#`
M@11;L8,]``BP48MDN9'DPIE+=7)=RGCNF#PX8(-!C'M-T#9)>P!%&3LU_VT%
M;+ALRX(6/8[$>-$$P!9MML(MH*#E6HDN:[5LRR&`PP@."0V$R%K2'+G*E5%U
M1?4UGDI!8LDNB+FVM`()-KK96?W69K,?_:0Q;N%CSAR^'"!NTZ8B!P,!.`1$
M6V'@P@4#J%`<,-`C8?,1BE.A*\FYNG7.\7(<V.*YNW=W`@8+&'%/`I;R"#FD
M6`UWH,U?P7XP.!`8A78*/O+??L'A8^^L/^"@#PX+;-2$`A>\H`4**A`P0GIL
MN.1%<EO\L!UW.2AWW8:=>=>=1S^XDT\/3<1@8GDP2=`<$^6TYP\N*L1C@Q9,
M4+``$Z>@D,`;`O0TQUXO].!?ACEX)(`!`S*`@_]I%!S@AA<](-2#`@@MX`8*
M*13"!!,V:%>D=AZ&Z1F(9'IDPYDBUL-&A'-(T"904B8P73D$@.$%`UYTD<`"
M`@APAP$\]3#""%TPT0,#%`#YPJ(]$&!./#!TP<`Q!B`SF@)KO6!`EPN<V`-?
M$@B@Q6_!];F`#6**^4.>#)QIYIFPPNH.%O4HH,":+]AJZPMS^'`'`>K`,()/
M+?"$5W."#FHBD!=$N>BS08*!R@^)[G<!IFM=D"F",<QG0%H_V1H5!8Z5"V@0
M!WB4[ICIJDN`D2.(^@99L<)*``'N7.#26C'P6UJ)@L+PP`,Y4#"'LST<;)L$
MR"!)HG&V&F?<LT"\((#_G0:\<&W$&^^Z*()-4%#0:?>(RP&Y]#B&Y+PV!,'R
M&ZCF\"X!-BCQ+@4`J*'%&S^\0<`#%NQP[]#N8,K!OPIA41I"(\"0@Q*_Z;6H
MB0G'0&NE!D@@0P8R$'$!$3)<R\;',5!9]JVW8A'VKKHB>"T`#$A`9<EI<3!)
M0B^=?&2\O_T4I0'S_F"#%QOH@Z0`,/\P-`$^$Z!$OFDI;2L]<A_(:P]WWI$P
MQ5._8#4RR$C0!!8<8,&&%6RLQ8;$,30,`$QLP`1QVVA?FT\3%YPG-\GFQ233
MT>=AD7431!"A@/#`X:#\,?7$L$`78-RK!!AO5/^X(-J.'CSEHZ_)1@\4?`H$
M_Q`7C#]^@A>P03I,]3#</HI8B'U/E"J:5S*"^-O*!J;8?IW6[N:1@0+LT00K
MW(,(<>":``MHO+78ZD#!DYP,.`"]%'@A2PP`0Q""4+32W8-Y(,1"!C*@@$\M
M"@A(`,((@1"A7+GO&$+`!P>$0(]:D=!XQE/?#'L@!"&XS6L*,)ZMA+BU#(Q.
M`M?"@@B)H$0K*,"`Q5.``&70M>)9\8I;ZYH`B<"&`1W)``QX`P<%P41,Z4XF
M)<M`'`2H*_*Y[5K7^I_N[J%$"0BA'O2(8@:BB"F8T%!N$N-C$/4XPN`93XE[
M-(\5B&`%#H"-"%Q3XP@G24E*4K&*Y^D!D@Q0$2^XP_^(AT1C3+`PR`O(``A4
M1$(D,W`!5A9OCX/4%1-GJ)`H>JV!00S>ZB;92AQ6$9(C/!XIC]>$1)*2D8XD
MPH&*N<<B4O)K<4C@+[<610D8Q![NB(,4E8E&F)3.5I04XH%:24Y,C1"(5LS`
M>6)B'&:R\D#*#%XKGSG(XLD@FB0<G;\22;RNJ4V9:Z$F%<<`S#TBL`&PM&(<
M'BE$3&53`7MLI!*/*+JTF.:!$S4E*Q&90*]E``G1C"<6RJ:M<A(OI/>0&!)4
M>2TL1E.;),-=+QWX1"M0,8A2;&8&QD#%$6XM#@U(X"0A"4Q\7LL=#2#J:10`
M5(0NLPGXW*,1#S1(?Q9SI5C_14(#MDK"$;*4E1*3Y"15^5&67A%L:V0C%@K*
M2HPZD8I@N^1Y[DA7L&5`"E&M9`(7JBT)9'.HQ%M#%;CZT:UBM96Z(AXO6TG6
MCQI'E?PKWL:,X\PAJF]^$M@?[;!%55N>=9!-B`J2`"`$*XQ!"D(@06EE8`6;
M_I*M0[VB.\@JU$JN<I5Q0((S1R@QXWS4MI7$*EA1V%@20LMMR%4`7Y8U4J`<
M#%F0B>X]SF*>)I;6"D+`PA\9EK*8U..[E3K&;,NZTM_J-:AJS.U*@;J$)8"U
M8PE:EGR7I;&)06M1<^B3?O>K7PKXUT:&2("`6=&*+7G!"UNJT5D2TK`>Q$Y]
M9S%`_Q<DU8H*6YC`#'!'>]N;POA"=TI5J,(2LKK2!&F*P$R(@(I3$(0D;#`(
M.Q`:`8(0@12GP,8I5C$,7KQ!);0X"3`(LI!WO,$@)V$&,TB!DH.`J`1XP4X1
MZ,(AIO`\25$X`2EF0()SO*4GI#C![KC1EG.\8AC46,M*#O*+E>#C(!`@"5^0
M@Q&^0&<CV#G&.W`QGH7&9C;?:P=*@,`.!O:`GQ5Z:'O><Q&*0.<O[.`-"[A`
M&OI`Z0LLH'HI``.+71P$&*3`TS>.@))'K605?WE+*G9'`I",Y"0<>0:NCG4'
M%KT#"T`@:#N`P*V+H.M>Z]K.OOYUKA\``0+(^%X#\_70_/_L.#;GNM%R@':T
MOQ"$!52!TFG0P:21\.0TP\#5H$:RBE7\!%='X`ER,'6-$YQA022@`_"&MQ'@
M#>LD+/K>1;"`!>QL!`CPN]?)QC,$'I#K8-N,`5,00`)@8(.?"3K7TH.QT';0
M<&DWFLX=L(`28$`''=#A!4<XP@6JD`8#V*S-2H@UD%G]:E:+6LFGWE*[0_#N
M>-L<WSC7=[^#/7!"^YS0`!^8$B@P\BH@800+,'2,=?VS>_7\Y[JV`<\)``,\
MX.$(/A"#&(Z`!!UP(.(;='78Q\YC,"2``L%90*9''0%5X]S>B^9W$8R@[Z<3
M^@`/:/47?!YLH+]+`%70`1*6H`/_'2Q!9&=*-M0'#H$D@($!$2``!!KN]$$3
M8`EX\(`',."!+``!"B-@,X\W&&,8][C/01!`!M+`^@88@`E#=CN;\VV!(LB;
MW[BW-;$+_1L4`F$$8M$UT'?>\R`L(0V_']L+E@"$(/S@YT`?V`XH\`(@+,$'
M$6@XT+_@LQ$`@0Y0&,(0H+#Y$10AQG3&LQ)B[./UNTP)"4!"'UC/>AW@0-1(
M5G4'9D^#_M-@SO^F:W4W,(:R!O0W?TN``\]';(RW`PL(`0*0!E7@`X-2@4#`
M!`OX`"!R)GL7!"-0>"!X`2D@>1#P!8+&9E.``4>``1@@!BJ(`7=@`03`;QMG
M;S-P;[$6_V<<D&W,1P>!AP0+<&YMYVZS5@3^9P3]EWMT5W=&(`<OH`.4%H7S
M5P4)8`.$YF+I,@L/,`6"EQ=8AW7`9VC)YF_]9@0)4`59D(;MI0-WL`-VYFBS
MEP(MP'GB-P2;-P5%`&=?D`2B]V*NQFKI-G(>$')'``2!IP;CIG\S,&LT8'/Q
M9F>+IG-&<`>3EFTA%F+:]@)@<``I4!SZ(BK/MP-#``1',`1TL()TT#1.QW.Z
M=@=9D!]8YP-TL`01((`Q5GL6,`4>,'Y[D`50<`0P<'Y)L`-*`AP"P`!A]X=(
M%@-T\'V?-SY58``IX&6*"`>+2`-)D`+G=H.1J&]U)VE]8'1`X/\!+["+.E`%
M"Y``,:!ME@@`F_@`/O""'M`"*W@',$""K/@`!G"*F\=Y&*`#3Z!O.W!^`VD!
M,X`!6;`'>P`%4-`"C.-H9G&.YW@!%."''0!K(^`!4$`''L"1&+`$(Z"-0TAS
MM@<'</`$4^`#2(")(,D`2N"-^G8!?:`#0)`?+4`;*ID&%Z!MYQAXA8<$*0`!
M+:!U*SA^1]`"`L.`M69KM_8`%+!YY$<'=#`$>&`&^:8$]Z9[(X`'6:`#5L<&
M76`#Q"A_K!>%:5"1RE@$%$"/++B"&/![,Y!J[G:-9C`"7<>.E*8#&4`!+ZE[
M,ED%0*""8G"3,0`$V98&2&"3M/$">!#_@P(PE!C`BT/0`OG&>+>V<T"3`!A`
MC_2X@E#P!-WH:*DW!SX88GA`!]$D`)VH;21GEAG``*[6`?:6@BRH>9J'`0(0
M`4GF#E/@`AWP!!]XF/.G`VN@;4B0`$!C:R.`F!@`?D/`>9Z'!]GV`K0QE,6R
M>30`!Q3@@K8YF47`@+^&>Q!0EY%IBIIW!XM8!$KP!0E0'#Q9>%40!U;0`/.7
M`=>&?*V);=*XB$C&!#Y@BA[I`7>0`$]08[P);X#'>B*&!/$U!X89`[:&A".0
M!1[PGU#0@IT7F87W`H))&RPX!)%W!U.ID1<Z!03`E+IF>[>7B[;I`8')`#1P
M?E,@`0V@;=A6_W]24`>3)H4ZX*)(@`?7U@=+(`#\6:`4('Z:9X<44*`%RILN
M`)SUIR\^<)/%T@)>V0$0D)UWH((>.IAS2(_G6(YV>`12R7E!A@,*@'E5@`<C
M0`#G-W=&P`!W,"@<(`!BP0#^&)D8<(,=,`7'AVU2.']K(`4[BFU+$'X=:9CS
MURT7&9=/$)F:1WX4P`!/0(V"T)MR$`/#>3!4.@(WN:8SL&\T8`8NB`$4>`1:
M-Y04@`%XP'E3^9;S.`(3H`=.(`1L\%$?YP4\8X7!27^"UP44``1`&F(OP`!U
MHJF!F@9+<)]2L`9FV0=KT`,MN'4M(']]<`%F4*E*Y@6RR)#D2`&E-O]S"?"D
M'#"<,9`?@YD?/8`'2P`'%N!_4^""8N`#MCF8+N"*A*B"(=<"`%``3M`&"$`"
M,@!2,E``-7`#4;``TEE_/,DU;#"+S,=*.4,$4CAI2V".\U>H>5F.M8D!07H!
M4Y!D*1`%7M`$0&"'&#`'(!`%4<`$,]>;3W`'\X<$<\""*KB+S>D#1NA_-+"E
MG`<%"SD$=["%FZ=UMZF"0O"O`"L$/"4%)$`&+.`$((`%92EX74=_"C`'Y1,#
M<>"K.RJ!/6J*>Q"H9GFH#!E^4*B3%!!D+&L"`*``_2@!#G`#$W!@O)FM4X`'
M-$FOY#>'*"L`/`L'1G"DNUB'+6`&-'"O+7C_!+MXFT(`L`@0N20PN0A`!6'0
M!D+@K#.Y!"P8I-!*75B@N95(:4A0BC_K`60;A3H0?N('!948`P?F!2=0`P50
M``80(9KD`%2@`35@`G=K!BEXL3>YKX,Y`F(P!2:9N#0@!W?0N#8[!?V7BRU(
MA^('!`C0!M@+N9%[O=@K!)68!2CKNMA&*P!@!85:J$!0G5HG!AH;J."[BWC`
M!_/7!%TP`#6P`0Z``$Y0``X```X@`BSP`1HP``/@I"XP!7/(I5NWOH-I!LE+
M`]26*(4[!"/PKA;``#[P`B,J?G3`!MG[P23`O=@[!O,WCG;8>?DI!1NP`6,P
MNE+(N4GJHJD;A7C`_Y!=&84R``(\\`&URP,LP`(@L`$Z?`:\JP$:X*1FX`("
MX()NV:(P^,`TL`-1<`(&$,/F9VL"H`-S\+"^F)`*$,(?W`8AO+T(0,(Z,*5:
MQX)/2&EK0`4?4`?S1[8T68=#,+8S;'CA!P4WW`=QX`!DP,,%P`.!K`$\P`-$
M7`,#,,!WZP*,W+Q%F:3BA[QPT(A?H`4F8`)=P`'C.(C0$P$*T`=2X`"#UUY[
MT*QK,`;<&["J'+EPK`/3JGDA!X64A@`L0)]?J[H7FZ15X`<5BVU-0)JF^`)K
MP,M5``!N7+L%<`8\8,1G<,A%_+M)G`"ENHO>V@*,#`=%$`11<,DF<`5Y`/\`
M:GP"4RP"5%L'5"`$%]!><6"`\U<'DCNY\`S'REJ>+$@'7SL&#E"6R=H`>#!^
M>FS/O+P&R."L<:`/-3L'!K!ZX>@`.\S#&A#(!$S$S$S(T-S(XF>S'G"\+F"2
M1:`%L\O-5W`#\?@"-7`%W3P!SOJT(A`#2]"U9;D&`8O*\$P"A-H'_>S/0^"Y
M?9!4Y^NK,K`$.#T']"<$&N``76LW2#('(W`,V08$.$#(#AW(-:`!1-S,A,P"
M!FP&9I``(U">27H'B:L$6J`%$S"[O7L%5W`"%/`G>5`#-7`")Z`'!D@"#N``
MK"4%<9P&8T`">SW3-9T&OBA^>)"LA6H%+%#4==#_`#%PM,42!W6P`0&\`:6E
M#TX@`D*,OW$@`3@``@\=P`7P`<LLR,ULR!^`U9>JU5N=$-6'TR.P:EIP!64]
MU8@\`"9PV1N0!S<`UR=@`E:PTT(0L$Q;EGY0!WP]TU:`U_.7AKW8OE*X!A]P
M!0/``T)`!)[*@B-@##TP!F=`VQ_@`$ZPPBL,`N*]`?X+`GI0`"!@V0$<VA\`
MVCL<P.Y``5H]!7>@`S)@`'"[BR>+!#%@`&1PL$?LUFY=`.==`7`]`28`UVHP
M:6,`L`[@O5'HM)3+U\T:A6>;!6D@OZD[!@-,P"R`))XZ!Y)@`"+@!`-L`F?P
MW>*]XBM>NWJ@!T'L!$[P_\/+7-KM7=INS)LS,`4OD+$`:P7CHTJRK-<.``("
MGN`)KML3@-8F4`-YX*QIX`140`8(H+E^X+1]W0#MF\OBF[II@`#-3,"TV[^'
MHSP;0,")?`:>#0+HW>)Z4`$:$,3XZP"03<2E_<,L0`7P+0CA8Z.4-@9AX`!6
MD`$-8`6:BVUK8`4&F^0FD`=PC=8F_=84VP=UP-!4`,=LS-=U<.@O[`,KJ-/-
M[0#-O-U&W-WZ8-F<3<!43<@%H`'GC<RMK@=3#=YU_</-_,-WKN<?H&$:ZP<P
MS05.8%I5GKI2``+<#->7;-+=?`(58`#8-@9DP`,DL*.G3--W3)U'`.J4=N5.
M,/_J:'X&5.``^D`!1J[JS5P`+$#@+_[0!7`#KA[$05SKAZWF`?S#>LX#[L#<
MH!P&EWN]])FZ1+W;2-[-D#X!-:`'U(X`7(``U+[7G!ZH&8`7UDJV^$P&%L\#
MWXZ_!K#"'5[(RRS$R`SC;'[>Z;W"=0W95QW`'Q#N+(#O@C##:4`"`#NY4$ZV
M,J`'`L_-!&_2;RX#$4X&3B"Z?)T&O)RZ5=`<GYRZ5J"[9.#&W_X!.!`O&U``
M`W`&%Z\!*B[>Z"W$X[W"(B#ORHSG48L`[>T.,PRMV,L%88#<9-L`'_#6.:_S
M)_#V./"UE?OO>HWI,'\!#\+<:2`$4P[TAVT"$2T@`D#_[M$]Y8+LW?"^]>-=
MV2#@!/[[PU=]YRU/U?E^]I'+[VP?J&O@`&XM\`C.S0-@L!IPZ%+@!&Q?!YUO
M]"\P\:%>N630!DZ`\82O`5%O``(@`AK0](7LKW2^XN&=WC@P]?U+YRQP!C8>
MM:!=]B]_]G70!ORN]\EJ!;RK\SH_U4;\[_,7W/,W!O]>]%X^PVO@!+(?[DY`
M!J0>]<G2]%2@S&KNO^$]_W5MV<:@NQN@_'<NP/H/"#=_(7V%AH=K"&%<8X>.
M#7H#)Y,F)I,G&AIZ&G&'4E9IA7%KA7Q^IWZ.JH9I5"QD5$YM3@Y49!\.`',M
M(S@.3F0\`RQ"!B(;(,DB.`8X_\@L`+]4/!^N9QIG9SP@@H2KAF.+)-]]:0X:
M-367EWH%>C4*J7U^:6.AY?>HIX[[AZ=I"#[P((,@EI-8#@QP.,)+VID!PX0`
M<")"F2\`R$"P</#+R<!IF7CP8"&B&[E":\2=M/(!7;I)Z9)I.(&C4"H_4D+1
MRZ>OYRIY==K`(F&0#!F2`'KPPC$Q6RP`T2J*<'#Q&(B.LEC8XJ&-1X&$)D_V
M(<%%B+Q5=0JX5'<B'0L0,>\5DIM&9T^?-D_QF==G#+`V0F[9.IJK1X]>`*:=
M8;&!EH-C&XY9!3&5!0\J8Q"0&7`F3"PK#7"$/5DGC)"34E@4H%2I[8;5ZCJM
M6J-CWO]=/J9NHL)]:HT0*F<(.A"9C86!I",,<+2\>,,&')"=@\CX58B3C3(,
M#*A1@(J#.H4,C":7Z#1Y!]S2U;!48[K:/%;\\=5A]Z[MO'YPSZWC@,L9$FNL
M(44=5EB1U!PO`.!+`=IP-)T($$:7#`@`R&"%`C*\P$8S5M31P#T<5#"(6/20
M8-XWYFQ00069I*/!6^[4`(!<9]6%WV[YT6-;?J:4P]]F;<A53A-S'*&#`@"(
M4,`'+"#@@'-41;:,,P6`0$0:531`!Q!T>"!;CWS$,!XY4I!PEBII""'".^K5
MH,$Q;M;@@)#RV*@;COGAU^-^;6@C!2(QO("!#CI(@`,('WS_(-&3.#A!&0[.
M)+/!&GRDH<,>=&1:FTWS-"&B-V*MT<A)6(A001[JW:`!".Z\,R.*-^JU6VXY
MLB)%&UR=Z$<#;!PQ1Q5K&&`,#PZ,(02CAT+X6#(X-+!7&GAD@0<>5>APEA\7
MC(EB`V+5H:0&J+JH1P4WG'"#$&E<FXJ-.^HSSUX[ZF>(;\#Q0$HA,O0P!QLZ
MI':-HE(<NX&#RQA3T08R]/$LH=7J9%,&VJJR+CFG-*"DJI%@,NX->NC1!*<[
MEM,NGNK6RE<=3CR$Q5P*C-`#&VEF0ZP4#<B@X'0/&I",$U98RQL_9R$1\4EG
M'F(.;&N!T/%J&>QS9ZQWH1)O3[YQ_S'`!J&D(<%Q<4BAP0"7K5R.%>@5(`('
M<QC@SHR\Z87;SP\/S<^>W_@!P"8UY+&B!@5P!X(::]PIM6VTNJU;O(7W(85'
M:E31APX;LM&``V#S($3@*'%P:`]5I-$#93+<]#9O;]_4!\0C&M(/7ZH7K8H#
M>)N;1SM7M-<TU*H7WE./LTKMAV]8Q+!$72\<04<#5F#C@+.LVXRV!W3T<%QM
MH]NG>K:IMRL6BJRZJ<?9,A10>R.YZ6Y3VZ1'S2->Y2!Q!`:90H$!&W'4`<*?
MK-,31Z88``%$'+59'X^JIQO4@8I]JA-+&EZ#CA,`0`IQP$&5TJ`[=[VK?!6D
M5=O<E0H=#/_A?5`8`@:\E(8,.$QU:5B""I=`ATW)RG"K.P7V0(4?B>4%:'UX
M$@MJ,($\5&A?6*B@!06X09+!38"%J`(0,#"$)F9A4R!+Q<)T0"V^2+%W3I/B
M#"6VNBBZKAP3<4(Z)J"'$8S``XY37S^(F$$\W>@05<@4';+@./G<Q5(!M*(&
M:86?)FAK<`D,E0RL4X`*Z,('@Q*BU'2"P0&6[H6[89TA=-`P?QPN9#>4XAX!
M68@MUDT^)$K#&JQP'`R8T@/U>:&\[M.NT>WQ73GJ8B!;E\7#G6EW')2'#N3&
MC^W-)P-=&B$04AG+599,C1,S!1]Q:,DOUBV7ETP#+WW92_K$$7K_>"A%U%99
M#OJ,+&HB,Q\S:4G-D86L']+,GC/+.<DU5"$+*DR7&KFI@P90#YF.W"`7@;9.
M+OINC?_H1@!E^1.")M"=>(2:Z(H6BB)NDW3+M"0_R^F3P=6I&Q]C)=$XR0]V
M*=21ARC=-W?G4-=U,98FE4<6R]?06,ZE&QD`&<5J2-&'<C,WM'PH`B6:.V3R
M3A\LS9/3=!`'@;Z+FGEBI_I$.LN/PI"CK?.'(G&9(YQ^2*3T:(!19<I.7RZ5
MFY)TJ@"A>L.>VL==8.*C!"B%4WJLH1M(H&E9DW@!&7P(J?,$*R!]*LY]FO5,
M=$M@3YH04QX5@@A^'`02KD7.0@!!*89!_X*0QIG76P*5@"1%H$K72%-V6:I:
M1XJ#77*#6(6A(@U-X$`WEC#3]F&`(6*`WV1YRE=UN1*SES5H4Z/Z63S4A9)5
MJ!86FN!"5&1``:8U11JPH%K%.A,5.N!2"]XWA&QJ-*HC[5WK;OO(S#Z78AVL
M0CRQU(`E5.NXF-M-!HA057HP%ZXS34,<@/`^Z+5PG0#UJ2&XBULL.J(N#<4'
M?=)U'QTL`0E(8-B!JX4$(ECK@GT@`G('J+7FAB"NG^Q#%>*P!TQEBK7@%:M>
MRI'/V^KT3'@D5"$(Q;"0&1@)+:2D"AL0A^,^6!_K529N*@S3$#\.#QW&5!V?
MZ50=AY._)47B)/^#6X4$/ZX*U$KC/EZ,A&J)E\;K54#@<!2'.+B2QX.XP$97
MO(<X4&NVS]RF8=.%9'QV$;A5R(!DH8R')13W<0>F0[66T(`&9.`""FA"%71\
MBC@X2\=@#H&82;0N;X(RS;<Q;"GXZ^;5P3D#Q(6R"F]\"DK">,_B!703FL`\
M99[NT,I,]*)_(E'=%M2F\-JOB2L]9?$V6=!,'A[AL-3DXVD:"0H(-*DUF`8B
MH#H_.FB"!+JQ:AO:L9_\C+0LN4MK7=H:V`W(M5WZ4&/Q(L&\H0YVL$VX/FZC
M&C=K&#6S=QOM++:;I-R5*I*3/.*Z0#G43,[2(720@0QXV[P'!K0")$S_:M-V
MFE)2BX.$N_$"O%JOF;!VI;SG/4]\W'L)<0@NG].XXCZ7%P@`_[.$Q7T!"M;*
MY/(X;F)#P#E7?]2?$1]=2.=-[T;+F,DR-B^\[%W>!H!<A0A>;[__O.6VL1+3
M*U^``*#"]*8[_>E0C[K4IT[UJ`NK&9""%-:7T?2MXT`-`H"."-1`]K*K@2E3
M5T/'!(&&";C][7"/N]SG3O>ZV_WN>,^[WO<.]Q7\X>^`#[S@!T_XPAO^\(A/
MO.(7S_C&._[QD(^\Y"=/^<I;_O*8S[SF-\_YSGO^\Z`/O>A'3_K2FS[S*X![
M%`R`^!#X'?!10`/B!6'X%9P@#Z\W?-M/'_D5_ZQ>#U&(`@`0+P$.`/X$#0A!
MX47@]]P/GD+!=S[A`R!]WC=>#5$8!!8`(`&_GX`#!@@`X(M_@K\7/P11X(`0
M0H`&`S3!`!D8O@C^``(.=!_P:#!^X-D.@C^(0`)_@`-8,`$BXD`&4'W69WC8
M-PA$0'UJ$`(`R#'CEP<X\`<K0"'L]P=HP'QQ('LXX'<`*`$."'LB$GCSMP+#
MAP5^UP!HL`(X@`98$``G,'\)J'@+&`+#YW]Y(`%DUW_F%P(O^($`@'YC=X``
M&(`@&(!_1X.#H`>"=X+R]W=88($X$`58<'856(.)=X,Y*`(3D(6!)P$A,`'N
M]P=#*`-_9X1_]X%_`/^`6<B$?X`%L@=X\X>#_F=^5&B'6KAX7+B$`0``QZ%\
M/_@'39!]0Z@@2;("1\@4;:B$=PAX$,@!`#`!?P!^@/B(`.B"9G@<Y;>'AX<&
MXA<`<SB'KA=XH*B!?W>*(2"*J/@'`:!\LC>*@D=]@H@&JQB+J9B+@X"`GMB+
MOOB+P!B,PCB,BA<`(F``(1`"K.=X-Y`'A>>$Q/AYDQ@%*Z"'C7<#M#=XSJ<&
MT:AY*OAW(=`$((`#RJ<'XX@&LS..U'<H!C`!-Z`S+[B!R?`')?@'5LB-%:`&
M(B![9.>$9(<#^<B&W5A[1%`!KZ@`&LB$7E@29A@%:D")XO&.]->)<8@&8'C5
MA^UGC]R(AQE@BT3P!R<`C0-I>-^CA_O(?3(P`318A<N(C=CX!]BX`LK6`)I(
MAS"9`1*`!<B(!1*0`8VHB/;H@R-I>,C8A7DP?SB@DFL8!2*0?:+QDMC(?'%8
MDTM(A8"'!<K7!#\)@%$@E$-I@LP0!4#X=WJ`@GI@`%$`C2#@>E^G6I,`DB?P
MA7K0?5YY`VJ`!OJH!BM0`>SX!ZRW`JP7`O7XE?B7@:R(BK8HBJ,H?E0X`:?(
CBBNP`J`XAW_WBN(7F7\7F;B(BH=)F),'A&J0@YX9>H$``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>b66599a1b6659903.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 b66599a1b6659903.gif
M1TE&.#EAXP"-`.8``-CO]LW,S*?0Y./CXVAG9KZ^OIJRU5E86*VLJXR,C,3#
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MJ3X^/O3T]*&AH<G)R<'`P/>AG\#1XHF)B.P4',WK]$5SL____R'Y!```````
M+`````#C`(T```?_@'^"@X2%AH>&/BL+1B*.%6\-#35Y%2J(F)F:FX0(#((A
M'9R%)Z(A"*.IJJN(!V@'''\9&&BB@UHSMFQ$$G]85ZR<7!=1,1;'R!8.*7S-
MSBF1+FW!U'\5.]AYA"%8@D<:?QIW2W]?'E@3@FL*'AZ#1!H)(8-W6G\<'E0#
M]%DFU?^;R-FQ\B<.!PU$!G$X@@%<%@A_CG`X`;`0!QP7`/3I$R.&D63'ECD;
M^:S!C@6Q*FK:X>S-MBL@0$30@"?"E1-90IRX`N^*DRL'"KS[@""6!B57?DC0
M<$#"ARM+V$A(@$:E54,1LG@9(@A#(33@OK`1DD""`JL<,FY<>R'&`I#*_YB1
MG,LG10T'*:\68MG,Y2"=1XZ`1>./RIX0O:X(B=#MBE!!1#"T$)3A3CFP1_ZT
M.`%BGH:J>J_>(?"GP+P_=+Z"^W.%!18(5EAPK39LK>T^;5?`%4FW]QL'TT(+
MXLO'+ZAN$35@2&>"0`BA!;!$F'SG\1\B6@A,WC/Y3\-Y(.`P0#4!M'"`+90(
M,I'9N^IM"BB2#I;V]FT`,72#Y-W;=X7S>;PA8`/;(/=-`DS\X=ISI6$1PA`<
MH&$=/%E@!\(>I<6A`7AP1+6$!.:=1XT'!/@CR`D:!/#!'P.0\P=8@RS!E4$'
M!(.#?3BVM9M<_?77`!(B&L*`B>C\P405P#"PS_\`)BR!!V)G"7(%<ZC@4451
M$WS2`1Z:/1=BD*LP$-@1!+4`00CDX)'.'Q*L^4<(6;#(0I2IU(:C?6V)L!^/
M/?:6@C1@LF*"%UFPL5J8)H1@1Z",JH2#1G?BZ=&>?5:ZPPJ-CC)`%2'0N4H7
M(<R15Z:DCG)1I'?BIQ\R_%7JXR6EQBKKK(34A^J=441!J:M]I@`KK<`&*Z*M
MM^*(@Z[)M,JKGPN`R4&<?W0!PB!83"OLM81`*X@]@GB*"`>0%IMC#'JRRN>R
M?OXG'`<?'`818X.TH"VVI&)!1`2$!.`$"W&L,0$;=E3!9G>8$"NN??A]9"ZZ
ME;ZA;C`H-"&Q`(0H,)O_(!'8@=@?2J;AX!7X!$P%O2(&8`>^@\3A#@02#,#5
M-W%H8O#!]D7QUL(,]_D&IL$(T,//31""1AV$1(#A'AX\QP2^$=S1SA\KDGQ>
M`2AC_,4?>T"P!!H2G)E%BYC<2'.D;B`;TKDYTV7<*CX#30@&+F(<@)&=%<!$
M&F\R,4$7)[`A]=15_V$"+6APM406:4#``@(U'B+VV'<>6VY<:5=:0\\_]R`%
M(4P`,PB\3-0=>MX_"/%'`G\+1_4A']`)P0!P_*&>(6Z$"SG"9$RN;.5T/9S*
M!2@$WP<A2\1Q!`+S@"[ZM"$P`0$"3%"4NEZK&YD/`D<,X2(5<_P!`4^'7'`[
M_ZID-&*$$0O44$,#;Z#->W&_5L1!`78`0X5#'@R@11;N#)#%%UTH``A&-3V`
M:&%D?Q#"!`9@AP*XZ0K@Z(`="#:(QXWO-A?``0$)@007-,!]:=M!`4<H*PY<
M\#YNV&`F(/&^9J3`=R2,89#$=\(^`,`-U.``"]]'(!GZ\#Q<J"$`-`B0-N0!
MA+R"X0^7^`\:CN^&5]EAVGKX#PXXKQL"8V*0NL:$4:WA0?M00!7BI`%/!?&"
M`%#A/U30`-[%+Q-)N($<;T"((2#``_/2XGD"X($AG.8/:Z##`-:@`0\0P0,_
M^$,5KC8()T(NC>?Q01M#.(HQ;.&2,"#$`;2%KR,H`?\-^V#"*_#5!2(<P`,2
MB`,1B#"!)1R!"&R80`#@@(:)$"&+>DQ#U5B@+9=%!`0Q4XCM:`9)$;7A#6E+
M`<\T84E,$L(#;$A`.A*BA`E,H$9Q6$)Y[L&Q*X1@10P(`:?^D(4$%,!O"#A+
M`@[U0PE@8#F#.`$!$D"`:9V`"%<80@=^@+<_6)"87`@4$I"9,Q=PHIE;R&0A
MEG:=B`BB*BBK9@A8@*!3W","$9C;']A0`-01P(\1^(06/\2"02@!'$Q`G2`*
MT(4?,*!QCJ09#AE5`23Z1AN;F`(0=JI00DP@9@EI#T0Y4)X`4`0+3`@!1%QV
MO#]T(`(%R,P11*I'0:3!"8/_&((_YM`>[VF`(K,;IKAP0*H:\"H%#7!`'P1`
M5FI`X`AP6!1I9E.C$/P@#FPPP0E.)H$0H"$$>=5K%>IIL7*P(01__"$5/I``
M(JP!:QTP`1H2H`1H%0`8<Q@":=QPNV(V:J`]0FL%`-"$S*$@4!P(YE\25-6K
MF("`,1UKK%Q`EQ3LH`(1DT+F?D8Q$6F6#=9:;6O!)-9;>393H*W+&W;P!#TT
M0;>[S5S0@L3(X9+*A)"[P*P"5(/F"@"ZT?V9%)K06^N:5Q!G')L:&=6'TH97
M<^1%@1G`,`88F.&\F_@".U/'V;$!`%CN%2]Y`6`",/``!I=,\!2H<87N(*"Z
MJ=C#_]6\R8H6S`-#H/@#*@QAMTR!*):#F``MI7FZ`\P-!%WX0VQOI5U:H4``
M*`#``\9PX`3;.,$\T(3"+"""`GECOYR`1TN#(9V&8LRA'&9MH#20S?`,@@4C
MV\,<3)!(U$4@%BM&55MGY8$#`^'&8,:Q)D2P@3)3P,?)84`<JJ"A#,0A!`3P
MP!V<$`(BT(D(+&!!.CS@A"I$P`H:.&P<K#"1(?R@<>$864*.W$\612`$+2B`
M<S3TAX#%[``?P,,16+`'*TA@"'9P4RKN4%(.I*9;/P#F_>#0@3UT^`_%155`
M:36!,-O:F9D@LYFW<8+`@(4(>`N`'[O'!`:T[@]SF!`=H/\E`:%(5@,KHL()
M!@"1+'S).V,*',=05!JN6($@7Z!"[$#Y;"U\`#'KS80'D#*$&0QB#1@@0`3<
M,5$%0(`!BXMUJM+-J"_?&LP]182N-W#FOQA(`W0@QQJ<`QWI!'M"`R!`G/C9
ME0W](3Q"0,76#+'H/VB;G';N,!8NRP8%8+4J0L``8L^"!SJX@Q43H`*\!P$'
M>D-$$`W$*AOTC:/_!@O!_[XQ$#2Q`!&8#\W?L`FR%<"@Z+!@'D28D`9:0(1P
M<^4.)^70!$A3@&MW_.-_\("$$C1R`E"!`UZIB@>\T@F"4(-,@)Q(G%AP<^^E
M]CH\QY.P@![T!`\]&'?8QQ_PX('_)8AS'G>83`L&X`'D=6H0&7"'A651!1:T
MPS)K2)`8$7#M#`S"<X,`@6Q`T`+3#:`%:1A"!A*412P,H0I4L$(5("#J5`SA
M"*QE@@>TL(<CA(!H1IH,OA&0=PP*JP)/2'[RI\#\*8SA^3R(?O0958<Z<``.
M)EH%.*[05?P2HOBV\3FP*%#F\IN?`NBGP#&,SB@J*$$)UEE%!.;I_4.`?RWB
MIQ7YS<___A>\_E5U?QMQ7++2?P9H?A8`@*V5960#+$AP@!"8@*RP!#$1$R^G
M&1"F@(B@`0Q@"Q.P>(;P6H+@`0P0"TOP"?]4+%LF*PL`@0?88YG@!D$P@Q?8
M`4<@3T<@_WB^`&0:6`A'0$]7LP<)$`'=\WET(`I+``<LT#UX8!GI=3`M-BL6
MX((&:`2:8`!^D(4Z4`BFP3%V,#>,=Q8<H%$MX`%7D`&/-0`*D`$\V%IS0!#X
M8FH*404PLBD1X0&Q<P\',T1Q-'Y4V'_+A`A8J(5<.`\MP`%F%P(@@`%C.`/N
ML`<=P#_JP08!T`&S@U]P``YQP`(G0%4/!0Y+@`%"L`=VH(,\QX</``90``5)
M,"LM^(?GMPF#Z`=;2`A=J$L88!H@(`%W4`5V,`<*4!0(<`*IH5(=9UX(D$A_
M<`(A$`<I)C2KH04*D#B911JQ!0`7<`$W,%^KV(T/,"L#!XL;(/^!F3"+M3@(
MIF$O(&!.BO@%BG--!+`&1R`!:U`C[7&,PW4%*",!BR*'T$@(+.`%8.5/MI&-
MVZB*W9B04"`&L;("XFA^,)@).1`\**"#*]4I<)`&!*"+&R4P2H`O/Q``=^`5
M]WA>:8`&""!`:0`'"B`!":$FGS@(.?$'+E4CX#)$<F`&"KF3JWA?I1*.XM@L
MU9`%DX$'"0`"1'DU5A`GB!-VWW,6(N4M565AB-4-`W`$GO<'=[`F#C0(=@`.
MB-0=<O``/%F6JUA[8/**#TEP/M"#K74#9FF6/MDH4[B6&Q"1;JE%28"0<9F0
M9B`#,L!O*J$'%;!_#RF4>:E'.MF7JPC_!B8P`B1@`S$0*"A``R7``'4)BQ0@
MF(DY/7+`F%#P`#%@`R1``C(@`#D0)#E``UE(`WH`E!!HA?\``B\'-H10+9HP
M'W^P!`A$!7LS"E;@B?1B`L$5#@50`%;@#B!P!40C9[5"EG%Y`Y!9FC%0`GY`
M`VT($*N9A=Q9`@M@F`=(`<%1#1%@+=]0".8@.YA@'@BA(*B3?9H0'7^C`'00
M.`50!5C``-8$2ACRE87PF64)!G5`FM2I`]Q)`Z>E%WK`FMS)G3J0!IE9A:DP
MG9%9-.:I`5T``4Z`+P7``!`P`U?P!1_@!$*A`$H0!VP7#D3@1[&02/=Y`IX'
M.R?P`2:@!4X0_P<0@`4B&@=<<5EQ@``0``>@ERD:H(^V:!V^E(.JI1#0J9!_
M2:`VT`(&VJ!^8`!!H!)N8``,2J6M60!&$)ZJ0*$V8*$_%@&>!P%?)!0)\3T1
M,@%.0$CN)@@:,`-[D!)5<0(*@'8>=P=H!P(_`#)$@`6X%Q'>)#`'H``3@(^-
M4CV"@`5">`36MR],P$MVT&B"D`0*"099(*8,,*54:ID)6@TH8)U<RJ4&8`3@
M66:R.0IB2J;)D5%TPR`)`0=G4B(HDZ*?H03=414)\%@)$0'DP`(R80]7(!W^
MX`'G-AF.]0=Y6"J,RDT>!PR'$P!*!3Z%L)A0``:C69J1B0*>6JI5FO^:K)`#
MLPBN5*H#60">Y,BJW#JFD.=V':(\LNIQC88RIZ:B2T`$DU$5Y_FK_J`$,H$W
M1R`=GR!LBG@=X-"LI/*L@_`\#:L!L7.)"J&*9O`"W$H"(["@YDJE)8`"G,D!
MH[JQ&_N:Y1>(G%`,'1$%/H4!E+4B\BH4=*``>!`4^)(`/Y``<:JB(*<%_`H.
M+\D&>W``('!."(`!6!``!W`%&-`!!PL/S"HKU0.)5C"$2O!R=Y`@BX-HA)`$
M&D"A&"L`(ENJEFD`*'"!(Z@'!E`"6QJVX&H`+8B85I$%JU%X?S`!1$4.=?!8
M"^0B:]`!P'</+S<!'D`T=AMV@K`$)"(*>+3_!.2P0+%0N!X0"V:;*8@[@ASP
M+-PB"%3@(@.`EH(@`Q<[`N7*MF*K`Z:[MJ0KLCKP6*TE!%50!2K5F8)`!M,I
M`Z.;NKB;NUQ:`I[[0Q](0;+[!V1@`R]`JKI[O,BK`U<:O!IHO,C[O*F+H*GS
MM\Q;#3GPK=";O>!*`^(:&DS`+5<PN0A`$*Q[""%"AQB"#X8PN2,4`:M$)VG`
M!@=@&=XS%BS2"YN0`\ZKO?S;FMU+#4D@!P(L!Z[Z#1XP`5G0N$OP!:<4=MK2
MM^9Q!UK3`1^B``IG#W4`B8+0N1O,OL*B(1K@)OV@`02@`6O@!$M0IWO0NX9P
MO?W[PCH0JM6`K6!0_\`:<'O-R`$2$`!70`=88!A*A6P)P`+W&@!QD`Y9L*%9
M(`0AD``!4`!-P2Y5<`0F@#P;1C).,"2'D(E:4+,!@$N<X`'[^\+'JP.V`!`T
M;,-*UP4YH:8T^0E$4`?!E+,:A@:F(Y_WD!T.A06>QP1#<`*92S)[$`%HX"W.
M@S%*@`>O,R>J<+MDG+H&,%,5D<:?<Z$OVU!L0`!P0`!=_%`6H:ORF0"'%51&
M<@!PH`2Z1P#=1S+^*`@@H`2C@@`(0".KX*V/C+NNR9FC0,F"@`?=$R$>UPVA
M,Z\10"='S`%T+`A.,'+=@"\5XE`,@&&#L$FI,P!^L\%H4'M:(Q^L$`1:>O_+
M86L`_ZL2;2`&YLR0"O&#/\`ETJ*5)M"A!0$3\K`H!:`XTJ,9"8`@'&`"'Y`&
M&5`%75!2<R`PBL,"`S`'2J7+F3($"?`!X!!Y5?`#@2%X3#`WL7$QJ@"R8PS.
M6J@'LU:]K26"*A&R'*V%,@S2*/TM*.#(VMNQ"IW2()T#`J"VV3NV.?#2,)W2
M$[#2)8"]8:L#)4"VDBQ#Q6D(:<``^F4(R($)^%L-23V">81?'8"V)=#3.D`#
M6&VZ56T`J/DW(4`':*",F)`@IG,(234`"$0(JVP(U[8*:)U`?R"-.2TL;H`#
M=KV"W!!B"M`/%[<>Y*176*`!S0DM2>4!7S`!)A#_`%[@#>1$#EZ`'%]@!9*E
MUW@S`58@>#21!FMP->;P!5G``(:]&2TP`8^U!H!6#@I@D7,-)DZ4?WE]#W2`
M;WX#&ID1`8#M2_@I"$DU<B!P`(+Z"<?#%3^0`59``!QP`$+``N9Q!(_]!4X@
M!$-P!U<0!Z77="-WJ",GVIV1!9UX`NM&!9:ZVC.$?[QV!'C@!1CR5"_"V)T$
M&1,@UKLM0%R1!HM"!UF$`4P@2E[@>1U@'G,``1I0`$3`!',PR-9BW07@>2/G
M4)WQ`3^P-'?P`6PHWHS2VFA&!1"!2.N]!%:&9$[0!=(<WYUQ<?,P6;&`WTP@
M`=P3=N9A103`!`/.!%00_P&"A^!D)Q29T1E.L`?YK05+8`=B3>$B\B@`@(TO
M@92A6`<NZ1U?<`6D@2]#D,!9`**#(.+@,0_F#<LE-P$@L`0$\`6B]&Y;PP!P
M0$A,^P%+8`*OX0$G,'(WCC4>T!F+$>>"TP%8)>2R0I7`L`8)8`69L0:=-AG=
MH`%[\%C>/0BGMP;_,QE?('Q_D`8#A`![8'ID8AT*T,^"`P%5(`J+`0S<UP**
MO@^*KI4LT.@)M`>HT`5'4-1X#BQK70B^U.JRS@G"B9XAD)VSGNNZONN\WNO"
M@30:D!(:P$A-@A7!4`#PF3H<>,8=(`2![-=A5X*[2;^YK@'=4S7R)@BPP''T
M\?_J),,"0.$/$`!5\?<'3D`:Y:$`F3%ENU[H&L!:+<`OU@1Z6?!TUR$!2!+7
M#](-+/`!6>!-(3`_(0`,3J#:J=,%?`JLAA``"(`OU!8160!V>/XE&8D\A5#,
MHH!/=;`B':`!%_(',R`$5G#$$"`$'^`!X(`'2C8]_](!5'``1Q"2@[!N$X`O
M7LX"&J.&N#[7(1(5(,``]RH(+;"1UQ$+F6$"=$<1-3($2M#$`1T'^]`"BS)"
MJO<'\0';#?M8@<,`0_`\;4WA6BL!AP%8><0!>W`'BY89=%`''-Y0BD((_?TF
M4DDR58!A7X!A]THX,R#6$*`%L:.PK:X`&N4=*9$%NFG_)!)``&F0]G]P`-B#
M50EA`FR`/5HP!XPC.RPL+`HP`Q@E%'#P`4H@,%7PMU4S'M[#>;K.`0D0"QQ@
MJ11D`@HP+8+G#Q.PUVDH"!V@`$+``0R@`)Y=[E*S!E@P_'$B9R)EF^0T",E9
MMPI0OK.^E8PRVKX^_=1?_=9__=@/TF20*U%`!K:8`+@7"TQ@\(:0P(DI!-E3
M>R!0A`@`9>0$_"@=`X`I`R]0-%?@YS$3PIN0B8D)"$YW<RQ_AH9.<'\=!`,)
M?T,=AY.4E9:7F)F:FYR6,3*@+Y,1((8?'4<,"`E*+00$#'\(!&P2,W%KG;J[
MO+T=CW\8DPAW$7]9CPE4/[W-_\[/O9^AHZ5_3$(16"%5?V@>P29[AT0:T.;G
MFP4AAG2')L;&?R<'!1`=/U3H^ON[TC*BAT@98C$@6XA2&(X<.9&!R;AR_"*:
M8S"$W2$V+4#`,7%(PIP('@Y('$GRSQ(R*,E0XW"'R!^#I0[D^@,BPA)#1&:6
MW+F)0YPE)MC\\<`AA%$T!0Y!\'#B#P&>4$D.^7`DP0!(5"1D^5-@3X@KD(ZP
M*'J$8]2SE.S\B)#F3X9OABH:8I+T"HMX://JW<NWK]^_@`,+'DRXL.'#B!,K
M7BSX3N!\DB9I@?AG@@</`R90UHRV#F.H;7R(]D%I"`8,3@RUD(1&HH86EQ*P
M07,SH/\L2@6P'&J!!42(%NL"_`'^;#8&RDL.H#G"X0\;(A+^8`'[>:<1"]A%
M3,(#P="5(VLB*.AF(I\A!AP]3&A[*,#5/U3:3E#P;<F=FUTBE+.B\^4?"+'8
M%MD=6^460#F6^:99%FR8P-D?`<#%GRX#*''(',+M<446W3'75'7686>!=H=X
M8P@'=`C!QCHS(,!"12>L4D`!!%#'U14?*,"$'1L240`#`\1QQ0E9?,`&%35:
M,<D'$/PPP02V'7%C!#.R<8435V!1@&]84(G!'5W6`8<$$:R1)"<F6)'`>(9$
MT-P5"7S!AA`)2,`FB"1=E]TD[1S2SA&EM+/$$1K`,9V/21W_\@4>"7QP!00:
M3,"&DAED@P`"!4@)QQ6U#1<!$5EX8:,Q4GJ`1P00%!!=EUIR:8PB71;``A80
M5+%IIYE@\0,1U?RA"%?&V$6K%2_B.9*>(TY"A%D3_%E*:W\<,0`11LVHVXEH
M,'&%,5;PND0<0T"@A%$M9!J7388<`,(7:"AAGG]'-,M$%T<4X%@+V6P90I>^
M2A=!?D;I-@2ZG&3QZQ][0,F$7'^$H$!33QE[5A8'U#&!$^,E`!NTS!TP`0<>
MY':(!Q^X%0&4$&2P!`=H6-'4$DLH\`B4<6SEZWA6S``7O%E8&&X!+H4P1*O[
M&O-4EP5Q`"7--F-R&0==S/''`$O@_\'-"4(8LD1%<7`@DL1G40$!!([!Q\(7
MT4GWAQ=5'#2`689($$(!5MP1@@0=L%!%*7=44<5E<RB000C"G3C'W6F4_8>2
MNDE@QX\#V"W!!"8,T`%Z2A;`Q`!*6KW.X(5GH@4$1U"'A\)'A!["5@.P<"?8
ML,<N^^RTUV[[[;CGKOONO/?N^^_`!R_\\,07S]<:4.KSQ<Z[=,!\,UHTIX\'
M31O/#Q%=V&A.&7:$\<4`#DV2!1Z7$)`!`G^DP5ZN[QGRPQYSG(&.`@-H$+KU
M^WQXC!I5:+%&4EH0@A`"@``-A$$-:Q""&L83`)U`2P,_0,,``E`%._RA"$1`
MCQH0D+P_I/_F#R9P0AQ`P)TZ(*`*^5`@_0A0!HCT;1(#J$(83%"'`F1@.E60
MWQ?LH(9\6&$(:V""&@HPK3*D04D*4,,9/"`$/*A!2?AKQ@\(M00EW.$[5%"$
M$/R&CQ-DB4$,,*(0*#.'(@S``UV`0P<$"*@N%,$$<0A``LAG"(4,X`L53`,1
M\!``"%CA!W5@0QB%L`<$P$4-D3$$`?!P!250+`!=R"`!A!"&+@@A)TJX@@?N
M((0X="`."`C`#RI$ISE4`0*=I$P4=^$R(5CH#S^P@A;]IJ0R&"(`<:A"C2JA
M`0QD(0#B*$`1#A"`+:Z!#G[CQB&P\!0%!"`+MBS"$72)2UU>`0'_[QK"%R8A
MI3^4(0MJD$47%A<&<?Q'38:P@Q.$T<-EG"%K("A#%;:"CU4V(P$%^!H^+'0&
MOV6-#<WQ0C<OT84S`-.#?S#H%B?PM4JH(0W.S`(SU!`@@1X"FX>@TR0^U"!N
M($!*"&""+?\0!RQ(20CRLV4[?Z"`I.AJGK!\ESTY000"0$`,"&`#/3@`!R4D
MP)]_N$)-L^`$`A2A`W98'Q%ZVH$LT*$+2E`"`2*$AC/DE`U*->K:#G`&9GSA
M`$H(9U&/&H`#O`L!2Q4'6HFP(8^"E0!?H`(:"/`(*77@`'`0B14.P(0?+*&G
M!$@#3.LYTTY,8)N&6-XAM%`)#T`D4I58-P)C#5&'FR2R`U"ZS"0FD,@U2,\0
EB83L'R8KF=I\P3,718!.)M"?RJ!VM*4MK&PQH0`HSA8M@0``.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>b66599a1b6659904.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 b66599a1b6659904.gif
M1TE&.#EA'@+"`.8``/:PK;[CJ\7!O?-T=%5/3N].4/SIYOW\^]S9UNCFY>+@
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MD^K=S=7MR>YG94(Z./3S\H>!?]'?Q<K5IV5?7?[X]^$N*/6/CN.AE-;?N^Y`
M0L'CL*K6DTQ$0L;GMO!<7*#7AO7T\\O>O\ODM]'.RYK4?____R'Y!```````
M+``````>`L(```?_@'^"@X2%@BT0?S@$!#J&CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*6FIY,)(H.JJ(,08CM_(@=_=D&NN;J[O+V^O\#!PL.EJ@FUQK6G"#DZ
M.RD-@CDXCT0"U]C9VMO<W=[?X.'BX^3EYN?HZ>KK[.WN[_#Q\O/A?85.)24M
M1/CZ1*83+J1Q5N2+H"^.#*69P+"APX<0(TJ<2+&BQ8L8,VK<R+&CQX\@0XH<
M2;*DR9,H+2*!A"3'H):F=K1@\84'D6A_V@`AQK.GSY]`@PH="O1`K2(7C/Y!
MZLK9GP8X$K0@2K6JU:M8LVI%E8('CQ9.NGYUXBJ%O31JOI#=RK;M,#T?_S+%
MS367;0)"=]WJW<NWKU]".Q@Q@L""$HL6+1C\*3Q(3*4<C/X9'I2"\:<&&`9]
M(/!'`6(:?PXT0(S!R05"*=H@5EQHZB#7D]00:/'`;8XB@G#^:1&WMB`@*/X*
M'TY<T(T\R),K5VZF$(N[-5@4V?D'29\TA'A`"')@)0L%N/_$30`$1ZT@?5(0
MLD-9T/@/?5;^`0+$<I$V?YS`@#$(@7E"3N`"EQ,,R/<'`6W@\H<:8^Q&5A!!
M\"#``4'H(=4@0+2A7AIK%8'`(:%%Y5H1"ORAQP1]Y"4(`0DXH8%+'Y"W5!&X
M')#B7#@`@4P*-`*#!D[L_2&`&L%I4((@#VA0W/^23+9U@Q]01BFEE!(X!QT!
M#X@`A&E9KG4A(;2I\4]A=CR@ABQ9/'#;($'N)DAA/+`@YQ\T-"`&9X+<E],#
MF"W&@A@*"I*%+!JH^0`U*[(@0'4M<)9##8+TX1(KL(E1(B$7L'!!;5.5<($8
M:/RAP047,)#%%VKRMV)>!`24@P8)F!F<""RD]4>F1!XHAAI':O)#`<`&*VRP
M)#QBAQC_!/F%'BT$D0">#6#1Y+344O7DE-A"624AS_U10S0*H%#H'PS(\H<.
MO@UB$!(\+&B+(&H(@L4.O?Z!!F+ONDL`=O&B44N[>>)GD`(\8&$9(4%PIH8`
M;1AXX*U_0,``9T'DH-;_#NG^\65.@NC3P`2K_,'#`2W`8)"]T$A30[P"U,OB
M046(`.D?:12A!@PNI?!%:@?9^^8F!@P@]-!$#PV`L4YPQAX"[8JPJ`AZ8'%:
MM517S=.UV4ZY[2#=1J=Q"7=^\85D/',+8KQXJI'P!2C4VV:0:,/K\V*#Z%E8
M`FWHH.0C+:#5F1U9#,+9!3A,A><?"#201<B";,R"M$NU@8!O+'S0@@XA7XZ&
MV"S44%L?+N=E!UJXL<`##6KHX-@!+*@NR&E!'LP+>QAHP-X%=C1J4!8HB&"/
MU<`'SXL4%!1O_/''^V"EMW>7@(%N@[0AV<]NQKU@'^WFPZ;@!V"!7]J['1-J
M_\!TXSU!"\H4H@,!F85V\L-$$!`W+D`T<$`;X6D,&Q`$X')?$.A#`F?`LJXQ
M.&%2WOI<Z/Y@I@7A)E0XFP![:-`&">;');$#1I`(@(8$Z.8+,#B`'0`FO!*:
M\"<0($L1$N$$&@0!!6*HW$O$D"G^).(/CI$%8W80!!8\``*@D9L@='`![>WP
M#P:+(2MJP\+:8.!3![C`6D*3@PFD((:(@M@!Q$"6T\3P`NIQ@J8NH`,G.&80
M.E"#IA)!`SE!RC'1V=4?B+"I/A0!-"D(XF+4<`$-U&('=]F!&,1%)S&4(%YM
M9,$_IG9#7\1K/LUH'YU`4X)%$<<)?:!.`HI0!!6=\/^3H`SE)B8@I*F)$D`-
MD-.'('"!!M2%%+5J@9+$]H5ZG?*6N,2EV$0`N1)6X0J0:(4@$&"0RN2",XS+
MI3*7R<RJ'2`&1WM$`AZ%&XRMZ!0)$$,;`O>%%DBNF>`,ISCWTH48=(`E62"B
MD7K5)E(XH0:#%,\?4M"_1_3AGOC,IS[WR<]^^O.?``VH0`=*T((:]*`(3:A"
M%\K0ACKTH1"-J$0GVL\S<($!]_S0(PZ0`\*`R!6'.]`4QTG2DIJT)RM00220
MD((@&"D%.6BA+46!!0CH@`5*2B<*$'C2GOKTIZ>X0@RJ$`DL='-J1&C!%](W
MBB#@H`:72D$-L@C4JEKUJIC_J$(,#(#5KGKUJUJ!`Q?`2M:RFI48!UC!`,[*
MUK:ZM10_B,$(WDK7NMJU$@"(00CNRM>^WE4%<_"K8`=K5C<48*V$3:QBJ]H%
M#D1SL9"-K#B9P`$W2/:RF,WE&0J0V<YZUH1NX``<AJ(!'HB`+$YH0`Y>^=G6
MNM828OV!)10PAD[.A`4:+44GB>"2"TQU9*\-KG`AH59+(*$FG4PF5[XP`9QH
M2)H)B*YTITO=ZEKWNMC-KG:WR]WN>O>[X`VO>,=+WO*:][SH3:]ZU\O>]D87
M#-"T+FM%A8$O=+(-:A`#=DQ1A!:,`08%.4A""D'1`AOXP`A.L((7S.`&._C!
M$Y7!_PHPNL_<1JHP]E4*#<YXB@GD0`$AF\9P1RQ<H3YV$@U`@QW&@`;U2,,5
M[)J%(&Y!XAJWE@E)V"LF[#NO++1!CZ-(P074T`#^8$X-0+:QDB,;`BX@%A-]
MF``2,%`"UBSYREC6A%9EF^4N>SD7@/VRF,<L"@/,0:5D3K.:,0&`)'!YS7".
MLR$&$%@YV]G.*;VSGM>L5:+N^<]BWJQE`4UH+!^`"Z/E!`9(B0446-(4**")
M>DH@IT86^M*A[(!<.=&'VNJA`2AHP/1(<93"*!?3J#[A`+C`U$M,@`?V'=*+
M44&$(XF`"#IH=:IW3;4#B)83+-!9$;27+U,X`0W8P8$.,/\`&UX[FUHC,.<F
MZ/4'^Z+`-^T<Q0'SMZ*1#@+"X`ZWN,=-[G*;^]P,MBB%`6KA/^Q`#6JPPQ<@
M$(TTO&\4GRY!`L9C(_0]^]],NL*O/6%?).07(:8``@_:T(9HE(``JP6XQ(F3
M5ZZ*XA@3SWA/Z:SQCO?U!XCVN,CK2@(.`'/D*&<K'O`0E`EPL@@.2[G,VQ*"
M)!3K)_P3PP,>T,N9^UPK*N#"FWM2`A?__.A9.<``8H#FG\!`3#K0P7Z13O6@
M=``/26""KHF1`#G)R9.#.,"6!N$$L%?][*3HPARXX.=/Z$&0$.C..JF#"1CT
M_!%JR`$:J$$#!)D+[8`/10CF,(?_DX/B`RX\TS3OZ>U*@*X20G[*BF(>^,IG
MH@!<.&<I<*#O4U\"!FW@00X^'(D20``((?Z=Y5=_B:7/E12!00,2/I!*.W";
M%/\CYD&L3(@^,.#WP`^^\(=/_.(;__C(3[[RE\_\YCO_^="/OO2G3_WJ6__Z
MV,^^]IMOA1ALP/?2;[<@7OAW)WA^$I715,$>D9JX-/<01D<8A.9/__K;__[X
MS[_^]\___OO__P`8@`(X@`18@`9X@`B8@`JX@`S8@/EG`"KP`_37`4DP``D(
M"8_G'M"C"1@@?DX@2SI`#1<``42`'ZQW@H2@`DR7@I5E"L_#`@2`!2F@1@1`
M=YM`!*,F_P@30`0U4`..<``TL!TH.(1_L`))D`06UUA-5Q7]A1AJ0X102`F:
M!@!SP')_<`8KL'5"@06DA$1F%X5@*`A8Z`9Y-0)=8'-!00/YL(:9`00/@`(]
M^``#-EA4$``!H`1A:$(AP`'%8EA56`"&YQ-JF`^@$B]](`)JL'-[DU@^`"4!
MD(>^%`-<IFG01!4"0``S\P=2!@24)UB-Z`>/"(G!@P=U)@ATIH7$D"$9(QX,
MIP,T<'M^]8FA*(I5HVEM)PBH.`QB4"8[T(N2H0$P((<XD(.QZ(BT:#5PT()7
M,8AL*`@P,&0[(`+QYXG&>(S5T@4K<`994433&"FBIRJ/@`2JHO\`40>.9"6+
MUD@M'<`!<Z!COI!:\H,+?=`"#1`H[,<(5`4!F0@)13`;@B`S-0"+7H6.Z7@5
M(P``%F<)(Y`$>)"0OC![?T!E,!4$63!3AL`";]<&O0(#=J!&W6((6-!?_^A6
M!%F05"%P21`#[#@`5>".AN`&))`$9Q"(P#`!#X`!L/!1D?`X)2`"O3(!41=U
M4U<(7R(&NY)DWX9N2AE00@`E=;"44!F54CF5!64%26`$1@`%0_`&,5``5@`&
M^P0&9Q`#0T`$"V:/0Z0&:/`!Q)9MZD,`/GEWE+`Q@H`&:#F0U6B20W$%%5@(
M77`&')`$<`!,;O`#;;8"MT@,H#,N#P/_"7F715\8"71Y()V(527))%)P!$<P
MBS('!SGV""'@F4G`!3%0F@/@DCPA`"@08%U'"6:$!NGR`2@@EWCA&F;2`L%A
M5I>Y)%(`)0Z`523`!"?4`4XF"2%``B0``%W@D,205"UP`2L!`2W``XU'""A`
MC[E&&2+``SH@`%1%"`>0%Q^@`]U80E2@!$J0`:6PF\71FW[PFU8%`!P0`Z=9
M0JN&FM-R`03P:(.@`6ZH`WU`C.!$`=JRGGGI%U0``B!``8/@GO`)5&Y0A3%Y
M!LQ9+5?`!4M8+4'P1&>B!QC2`*#&`Y')3`3J!ULC"NRY%QD`)2#0H+YI50/`
M`5WP!R/``050_Z'3@H5#!SP/EYN=D2GE615'`"7#4*(G&@HIJA<KZ@<M*@@.
M6E5Q=7-_8``#1S5Q)9R?I"`P0`!<U!9#Z@=%6J"DD*1NL:1-^@=/^E-I50"#
M9HHK8#4%,`=M&DI!T$8Y,*)#\:5A:J(&"HK#8:8N^I[C5)B!Z`8JD`2:-P@U
M>F*>P`2)&A1:]7K"`Y&%`!Q#1IM4H:?"8*1]RIE]`:A.^J+-U`4#@`<%L`)X
MD*AP$`-82@AN8*J@8*CT"0ED.*/`,'@%D(M,$AV:P@(HL!9]T`;\J16:&@R<
M.J8'^JDL&J@/NDRK=@8J0`(KP`%$10(QD&B&4'&>8`!8AWFZIG2E>?\&MMH+
M,8FCU!)/@P`#T9(`0!F40WD5Q0H,QSH*9*H5-Z`$-P"J:"JJRU1SV!H"8XD'
MUQH)>_ADEN`&3)"P<#"M'1!:K2H(AI5U5;`"7;FCJ%`%7*"-IY0`"O!./5@#
M76@("6`N/:0&E0D)/F"'-R`*\?H+\XJBR>H60QH!^IJFSKH"#GD`3#"PDA"3
M>U4%<V"PC^`&8UF:'-"08LA9@V``1CBN0,L!#VL*KQH#>("?;2$6+3![JM$"
M@0,)FR$"I-)'>9(7Y?$(.)`#KC&"O(4)^OH)+>L++XND,>NE?D"SRQJJ@KI,
MH86MA/`#NFH`2:`"6">P40N>%I68@J"M?W#_!:?ZJ%.J@F>PHP=@`%>@JY,`
M`%RP`@`PIWL1!*14`C0@3)(@8H4@`+`&;UKR"$X`!%/Q:8>`IX70MI[PMKT0
MMZ!0KUDQLS7+K[FTLXZ+"0);`%HW`$D@J86@`E`+"0*7:#%)!@$@!86@LQR@
M5@C9!22`!RLP!\`2@9H@<'A@L7[A.W@#NJB8M8^0!>883%,18-4VAY,@NYU`
MN[Q@NY^`NUBANW>[KWF;2X<FM)GP`R20/HU;"*')JI(0=`=0HR<`)=!K""$`
M6*6IDG@`!W"@`JOF6(1@M86`8S3Y%R*9!C1PB(MH")&F`-(U14_5@]6I/_.1
M>H^`DQ`0PS(,`5"R_P0S?,,XG,,S'"4ZW,,^_,,Y7,-`/,0W#"510,1(G,1*
MK,-0L@4T[`<V+,-&O,147,56?,5&$`-&<,4XO`-<\`1&@`(0H`%#D))0\,-9
M;`0K\`11`"4_K`%0L,4WO`-#$`,K<*I'J`$^O`-/(`-<_,=73(PI0&/9(0D0
ML+7/*2@]^3SSU3A3<0`A8P<G:PCPRPGRNPOTZPGV"Z]UN[O[>TL'$*>F@(VE
M>81\V,&/,*U<T`4.P,"=H'8%H`),0'BH&)/@RQ<*-Q=(0$HHX*.7H`$*\`!]
M,(Q>&S("(`(-\'>54,F;<,FZD,F=L,E6@;],RJR@=`!=T`$&$`(C,`#3:O^\
MHS"Y(\`$"'D).RN<K>P'#0P*9XBM!U`%"3D'&DL<?>!U920K=SD(/%`BEM,`
M>P,>-&`QEV((!S!%99<)S*P)SIP+T,P)TBRDG9R_-FM"E)6Y<Y`$*36N0'&<
M>Y7.ZPP*ASJC!C"6!7!.59`$B-L+-R`!1RH,S7(K]F!*@N`$C2P*"9T)1_`"
M+["G+5V_<\L6U'RF$UU"50@`)*`"`&"Y/>'1I*"]-8IH%UT%!8`'2GT*Z>P3
M#R`&I?4F&B`8@I&^HW#3EA`"52`#,?`$G%N[8DJO/[T506W-DG``4B`%5;T5
M<9725L'4H_`#*5FU?T"TI8G7O'#5/B$`C93/KB#_UI00DS$@`SU0@74]"@V]
M"0^=J1%=S7C;K(]P+7A8'&/8%GH]"E7`J`!P!I%="H3-$RG2.'[D'E_0"#I@
M@Z2@V)*PD`/P`T/J!1R0H?.[UC#KIWWQUID]"9P=%!E@APP*-%GG%J%=+:E-
M#&T0%QGB*8*@`3@@C`(:"K0-"0;`!7[]I9[)J)CLVW(+W'P1U!F`GI^HV890
MW$`QV9&`8^::UZY<-<\M##B`!I_2D0^`)YSW`$3``F!MT_F;"2&`>2?WI4J'
MA"Y+WK?;UL1ZV0H*)27*WH7@WC\!WT.+JGK1W-1RW\)06B)P1NF"`G9@!R-<
M"F(MUW0-GL2;D'H:`C$@_Z6]S:?(:MZB<``9D`%4P`M!#0(4SKN;#26=G>$.
M7@E:];M9X>'3`N*"``(!``*GS0D?@*F"0`.R'=8%_@@20.&$0+RWJ*FP"K='
MKLD03ME;C@H_'N2?/.1^4.0^H>%H:H?-P7$=7M]4X^1_$`%U^]&GH`;MEA0\
MD!8[I5^4@`+PILR4(-9=[@?)_0?(&[6:2EE3W@ER?@F570F?>*:YL.:.+N3M
M3>2B,-=^G@DO2^J/X)X!4`7)>^?JW!,4H*#JB0IZSN<14.JID"DM@`4'8"8@
M!`DNU:N?`@,*AT.\9`DB$%TK#`F,[N5_@&-PT&J:&FVW?`J7;@F93@F;OE'%
MT__CH>#I%4[<H@X*4A`!$4`'GO"R#G#NJ>Z(P%+I/L'DP`#D;]Z@+/WHGU#K
M?9X)$/('*(`!.!`-'_!(P(X`##`7_7539"1UE.`[W[GH:5X(C<Z@T<;;?Z"I
M0B78IG#MFG[FFK#MAO")Z5D\;BOA]![NDH#AGC#4IN[;0VKA[GD"'`#.;"'O
MOT#O19[MD*#OM\X)^,.8(>6:.S?T/$<)&%`#%W!O>&%=4P`E)J!=)@`E,U`&
M25``U[4%4")=&.I>US4#3L]>3?^>8/_UU17V>Y#.YH7U=1#V)A#U?N#U=:M=
M:P`E>X!>*0`E$5!></_TTJ7VUG7W'A`#5L#UA#]=?.[_!RE0^-SE]G4?76'O
M`.EU^-=5!WY0!XF?78U<`P;1EKY``-5Y76P/]5)O49=?75CO!])U!D\`)5.@
M^`FP]V,O]NL5^F5/]VC?7;#?]Y7/]FX/]WF?77/O!XUO7G<?]^25^]'E]]5U
M]V]@]:Y/^(=?^L]O78PO78\?^5EO791O^=HU7UG@;T^DDZY`%O14U\WN!W&0
M!.(]",6J52_@!\HC"73@`)[:\C;.UCA>WIQ.!3X`"#X^?GY*`81_B8J+C!2$
M$HM'?A$9A"`@A(Y^#HR=-X1*G:*CBU*$G*1_!X)2HIJ0BI*HC%(G26&IN;J[
MO*D.A*V]PKV8A8J#?@'#I+]^_QEYR8L1D\&]?008-2D?7P(L$,O+8BUM*<*5
M?B"Y$H1O>*F2?HI7,5Y^/KG31^&*K_R=%&[<0*;LGRADZA3].H+,$")>_F)-
M0G<ITZE<GXREHI(APX%4IC9A!.7J4221G:XD.5'0H$N7S:J]Y%<L5"*",_\T
M>Q9-T;0(,G?A>$"TSY\/W_XE(`(CIRB*Z_P,X=(!WL-$7$[<R^=GW[^(+W_E
MP>GT#\)%"QL>D@?1I$1*EHIIFL5($)6,-DG=(82/5$BZHO"6]"-!2P2@LD0Q
MB?$B0(9+?<M*%A5S<JH,%"A\3%3S&*&6,`GQ!/TSJ.5<(HBPP'$::BH)'F(P
MR15O$?^>(5M3Z3,(-O38SY+/*NRJ]JJNWI+@II-[4=1GP:GVYA[U=Z3&1H^D
M2TG,Z``>&<F49#I-7B>P\ITJ<R9Y$_C,G=!(3\R31PMZ1@A8)/B36@SKLG<$
M`()KB5`AR")RO"$#!;09I\(3TXVRVU=N\6,&?12(1993PB62%BAK+>*#!!)D
M<,,EF_V!W$1Q6812)\^QIQ=?`3'8276I0(<=8=IQM\@(2=@3@'A^4*!%`*#=
M%YH?II6GWA^=M==36*+%)PV+Z2BY2!\7:+`#"RBDF%-R!.IT!%U6).&!C:34
MID@82;P0F81=C>)#1[GTM@P[16KH'H>6H$4<B,;AM58U*RK_5U&1S<&8C(ZC
M2.=#<J+@2`JD_60'C(^*J,#%9T12<$@>HYAX@Y:\/,E1!DWF]&249OVYY&A7
M*HJJ(ECH\`4-EI$9J$]U)M)%#%JQ.8J;B=S!00]SBC)A>GZ0FHJ>P_"98;0;
MYM2A>0P1RE8BAIZ72*(4,?<B(S%>%RE?E-[8Z"B8CJLIDYRJLH(*H&8RZB@A
M'G$$';>.\JJ,.4G!RL#796L0?%/^\5.9]P5AQQ=V?"!`"PI(YFN6BM1QPA`_
M2'%%`1`6B9FQ)WW[QQTR#-%L)\_^<6$>UTI+"K7"6.MGPS-M^V$A(2H2+I.9
M$G:2HN8"IDBZ>:U[3[NTO."!`U1D_T9%8`07+0$;,LA0@`PG+,$($TF,D&^1
M^XH2HJP!#T?T>NK.1*02".>E\#\,RV>K(B`$<`=Y?;#P1PE$J-)461LG]$<7
M*R3Q1@Q/R,!!&)F(=:QQ+ISPQ,N,Q*QSM'E6&,[GO_'\DL^#`EVHMXB*GGC2
MHS"=BZ10)W(`"07$$,,0<A!,7P#QJDB(''AP,,090W`0PQQP_)!(`6>$-*2^
MH*N-"-N)9.!`!'3`VLL-AZ$,[=M09OW2W,U0<$0>#L!Z-S]YUUIFS)(%<0$+
M:DQP6N(WA)&F#![80A629P7274YE=_!"#$;`%:\DPH#3$MV>*H<M[%U*":=*
M!>JZI3J5#?^M=49[2[E<I+1$R"XZ[)J$(@R@`@YPX0Q>Z,$;WM`#=9TP$5H`
M@1(T<0(.>(!>+_#"`%80`R[D#@#2"U7:.K$VT_V!)^V3$14<X`#[I()(&62&
MN,H7M_.!(GW0B&+"+!B.^`%K;XF@7]M<XJL>G*$`CU/!%@;E`1-`L!/(6MD+
M9#`'-^@F6`^DH,U&@;->D.Y]EXM`+C98'`^R3FM'&V&1@EC"/]S0:9-2H1N8
M,`<.G(`,Z"`#'I(PA"8LXI)A=(075K(ID?R@"B0X`QZND$3J#7(134Q2]L+H
M/C(J`HNYJ)MDT)<)7LH(D<O(VPV0E(&'_2J-@%SC2\BD0!F<H0?_+VAFZNYP
M1T;D<2^Q`<`?'?B';@X&%MWIR-5>(TADXE&%&GPFMQII%A_<Y9'R"F$B7I>)
M$\0@"0,8@1]/^2CS,8)VDZA"X\Y0AVC-10E>>!P)!HK*35#@!1PX`QU:Z0!1
M!8!-M41;]9AX/2="L9<-NX$$S+`(8/IBB]Z3VQ>+N0F4ZA)^54J&7)S),6B2
M4YJ=<,)^=I&<'Q!K4=KD(#<%><!%2.<,23``*3S'U`CJ<Q$0Z\0A??E.1<:S
MI_/TUA_B\T&[D*M%?@!`#'K0`R(6`%T%[>)!/>`!+&S!`T^(00&<)Y:'^N$%
M4"BB"GYPPP,,P7$K>$,2Y-"C3<Q-$2$5_]5(&9'+IQASC`VSW"\)<2(J"@RF
M!B6&9S=;"##6])A<%4;>=HHEQ3DLFHSX@/Z"@`,=Z.`#]T%!`QX@.%U(H@YP
M?`%2]8&,I?9ILBES*B$^P`$53#6:Y@2(!+,G3U$<4FHW3>0BY?DSA\B#K*Q+
MI>M:6XS(;>(&"H0#08$7VD0`8`ZZBZ\,NC`<FIUB;F2P10S>P!+H&`"^;+7"
M"3P@@<8ZX+&)B.P2*5O2FYX4M9F=+!:#-KYJQ'08%/X#,8MT6;NE=A$G<JV@
MG!$?UJ+QM3]5!`;L4(,_)(`'-:@!%M`3A`8D@@"X[80"=KSC.=KBAR8P`2%F
MT-`M+.`40O;#&O\:F@<>.UD!<_2#DYN!`"AP``!/YG&1G9SD)4<KRT]>`R%,
M`.89C!G,7":$E_.P@![$8`-H!O,<ZQ#G'1_9#V36LA^,/.9F*``:$=A#GPD!
M!&C40<QX=O*<S8QG(2?O!7ZH@Y!M`08>$R+09P8S)TGI!0_$P0M>H+.>\X!H
M28]Y&B^(@RWP0+E$*_0-/SSTH/T`A#DG.<\*``*2U3R-)H/9SY<NLZ%OS>,[
M.\#)3$ZS'_8P#2F#N:&TYC&QZ^SD*5C;R<U6M@F@O89AC[G(B#XVM7F<;2KB
M6@'0GD$8N]S0.C#ZW%L>ZB(4$&,7BT!+0+CW'W)@E$X4P0(5J(`0)$#_AN:2
M:`8S(-$"$BX!'!Q\`0IG>!\"O@2`"YQ$$A`"Q1F.@R@\@=,5L(#%A<!QA"\`
MXA)8.(DF7H&*!UP(40@XRA>`@Y-WO`)10/D,1A[S*+#<`C/G^&&#%/`^Q'P)
M-:>YQ?MP<(V'?.D]QT$3PK#SEW,\XB1RN`1F$/2L/USA2__ZUF=`AB04<.L0
ME\,<GA!PK7-=X4LH^M$#.P0;H-SM3K<`PW7>]89+``!<>$(8)&"$Y,D`#&)7
MN=_1#G><#YSQ*><XQ9U.<J]O/>]QKX#.]][SQU==X!*G>-]Q0'&+ZYU$,&\Y
MYQU?^I?'/0HX2/CG*]]PT6,]Y0??^]X//O+7_[/<Y:"W_.QW/W:LOWWK(^<X
M$$11[P^(@`4B,$=Y$/"%1'R!`:.0BQM6\-9_$*086=0$:([P@K;&0`9-*$8&
M_M"!JGQ50)S-X]$6H7[B$N)OHN`"'`H0IWN$4;G3@0X24`P^\!,'4`!4P2?K
MUPENH`(J``!=,%"\("FB\`-&)":)\`.LQ"_```UNIA7HA%75I0N,XT*0HQ6M
MDB,8E((F%%=9!&(S13Y7PA"*8"V0149GDQ=0-(/BUTTNU8+9Q0ND$Q)T\(,M
MQ5D3Y`RZ4&^X8F/E46.)T`(S)@IR`57NQP\$83`^D"+B%TD>D`0DH'[_%0,K
M```26!>?`7[R]Q;T)_\:]N<'^,<(0#("(<`%;_`"/^`!7D`7%&@`70``)W`"
MZ<<7/S$`,<`!`Z"`##@'24!$NL-`$\@7G4`V*R!5HK`!I'2%N-2!_K0!T_5$
M(Z@+5X`'9]`!AT(>GZ$^1R`^?X`73S*#D6&#"8:#X2$C.P@LJ_@9/HB$2^-$
MAB1(TJ.%&)@(1BB$HK&$+:8(4(@>#]``8N"$5$@(<1`#5>`2[].%(B05!<`'
MHD$V57`&ARA.G?!]\6<<\\<W;KA-HC``!>!'3:`\\56&BB`I9*,[;Z`\3U!#
M!>@';@9+24`&Q[@(/[`"5/$';M`!"`B)ND"!BA`">!`#*G"&C.``,G2(`W#_
MAFNA!S*0!!N`,UDE#*=X&JGEBEL$BS4X'K/HBY]Q`%(@!2ERBS[5@U5%C+P(
MA`8QA"-)1:P8%4J8"_66`B*@!G:P?.AQ`#5``T%`"IBP2L[E$@<@$`NX(^/'
M(JMD`Z*!!^_P!S]P!E<VCFE8CBISCG"35,4E"O?"&7H(!G1U6'A`7](!!HC8
M`8[P`C;`E1G%5C&@7@Y9,E'Y!R.P`G/@/`U9`"M`7PLIB>S70G,@CJ1P""_0
M!7"`B"'P2W=@`XFUAQ1`'RS5"1_9"R%I&2,9@TU"7"=9)#>HDD[D`U04AR@F
MD\<U2$;X8=,"&700`0X@/>2AB+F@!WJ@"D#``&D`_U2,``)[U$?H@8W[1`V9
ML0):X0=EP`$D,`]<68TB\I5^<`-KF)Q>-99OR)J)0`_B2("`]EX<``=LX`<>
M8$17\`=2D!D^``(><`+\MSN;407UT).+`YB6N`@(.0?K.3M\T0&>P@6#I0M!
MPP3--0\DP`$%\$.WJ4Y/$8J>69*2D5J/,2"OB(NQB)+L28M!"#-=X9HU<X37
MN5X%TY*X>1HSTY?"&0[P^01E<!_(^0=0HP)O0`A0L`*":3O@R)BQHE-@J5WH
MZ`S=V0EJ98GB*1('H`))\`1>\`1<\)]M>`]+T`/;^0=X<*,+V`4,.HP9R`6%
M":!^$`<N!`=>:CW?`@=@Z/\&`-`X`S!6YQ*A8+4,GSD9LNDA%.I3&VJ:*9E=
M=]J:GS$S(RHTX6.B99&B+9JH2LFAY#&C4`,D]O`&;]H)X$B=/PI_UYF=3X0G
M0TJ6]]<)!9"57.0#_Y<(!I`[416-]_`3B]`$D$,"'=`%25``DTD*8S@`4LH(
M5\`&'A!'M<H+&08'_Q0#9R"8I4H*G0FL>>H4?WHD`>"EI!E(?-JAJ/FAG1.B
MLJ)9J?"GO("HBOJM4[J39>&H\*0*WQ$;"LD(Q4.=Y)BIYI@*]:>.B^`&23`;
MMM.2<$H7+M!IG$.`K%J#7K"1NH,'OYH*@,<%T;E"N1-?3Z")RJHR!P`'*K"?
M^9K_"\FZ"Q2@!$IPIC/!K9?1$2DBB]3JI[[H+-@:8;?D'"7+#P=P"2\(KN`J
M%S(J*[43!TD@`RL@D8K@!GC`!?35KMCYKHM*I,1!']XY`C&PHXMPK"N#F,-)
MB.5:3IGPASI+"C_`I'C0`0<`>(M9!63P0YR3"QDV"DPKIR(&LS9Y&B+KK8:Z
M"_HPH]JJE"#PLFA;MTXAL\=)LU'KJC&0L*/P`X1I`$`;$'0[M$EU`!!:!7!`
MAW#`!5[*M`SYM*L:M;HY#%M+D%R)!Y88N1,:EJ)0MIU`!20BKM_JL3G#H5)`
M15;D*-;*@X?A6G%KM[*+*GA;'N1ZI2`P!$F;"P,Y!^B`_ZF%FPOQ2DXAD`1)
M<(@O1+;GPKE#NH]76KG+X`8#@+``&+:I,+:?&Z>SJPNF^XO3RKTK>ZTT""TI
MN[WF:QFUVZAZB[OQR:*BT`$Q8`76&;SPFH[D1`(Q8``"N@(.VP\4T)?,FV""
M<`#_*JWNZQ(!;*!"RPB@>[ZQ$[XWR:BY\*?1.I'(Y<`8G!/I>QJW.Z4'W`GX
M*R3@)PJW4P"AB@=P(('#NT))H%[AD,"U(B("P8(O[+2=JPL-G,%M.QDB"[ZM
MJZ&4<<$Z/,0N*L&6T<&=N@L'^`0>`+P,.```-0`#T+-)@`=,T++VVRE<4+#"
M`,.*T!$?+!E>?#,:B\/:2\1I:_\9JT+#.VP0!F*]:#S$-,`"25$J&KM.MKN^
M'LP+'?`&0^#$\SH`T,F?)/"03*!^6G`'"=$%!/H/8QPPCVP0.4S$W4L>4!G'
MLWL`*'`X1*`&%Q"<Z*%OWXK$8\D+/N!F&S#".SM*ELH(4&R5^)D(0V00D8PJ
MM<P/DSS$E8S)O/P/&I`#+98`U8<#)7`?HCP*:3`!RKS,S-S,SOS,T,S,4_`9
MS/Q;S.P"G!7-S>P(_@3+$L#,^#L"VCQ*/W0#S`PD<*#-ZCP!&^4'6+#.\!S/
MZ]S.[RS/]CP!873/^KS/_$S-_/S/`!W0`CW0!*W.2,!\+;8#8G!C]Z'07[#0
MH@`$"##_T11=T19]T1B=T14M:)M0T7.T!15M`82P`!IMT7=V6$!&T6``4"6-
M`#@07"2-`$6@NV=0!"W=TLT0TS>]TSQ=TCG=TT`]T9<@`4%=U$9]U*=PU$J]
MU$S=U$[]U#<M?8Q0;R50S']@!Z>!!2(0?8I@!_K3HB,B`<92.^IGRJ<`1QZ0
M19&9JZ/0!#.$PB0P!US`!%7;Q3;<HK?<RQT+P7K=UR]1;PK-T$HB,4EIMV0=
MD+I`$&XM`S%J+Y,JO/&)!VYEF`A\U\*9UW[]#[N<V9Q-"O4&`]67'_?!`A=`
M``(PNX<=R^\'GV]`JW^PUKM0UG5=PQ&"UY;=V<S*U[B]V[F`_P/_L0,MT`).
MP-O#D-IAC(9`Z@4<,`<'P`6/+;R(G1.8C1[33=P^;-W8G=U*8MQF#:1^`"=$
MU+_9%]TS4=WD8=[:S;KIO=[L/1/<O0M`.P()R@O+%`!P3-OW?2OHW=Z6I-O\
M_=___=Z)/;\&J:C[/1D'SMZ;#>`,OML"G@M4\+HLZ9+@FN``<ML-3@H+GN$<
MKM</CLD6[A0AKMT;WN$FCL8?'L<C7MX8?N*]^,,N'N,>'K5EK==F0$5XG*@K
MCMTE+N,^+KLI_N/+L./6?0=WT#1"GN2=``'Z!@,$8`?_8=@T3MY*;M>U7>58
MSLL?\.1V<-KHD07CD`@-D`8'0``<V_^B09[E8IK?:M[FLYL`QWP?"=`"+N:$
M/%`$.M8'>K[G?-[G?O[G@![H?/[1?"[2?B`$@I[HBK[HC-[HCO[HD*[GT(;H
MD5[IEG[IF)[IFK[IG-[IGF[IG3#G+*`!A3T92&!;P3GG?U`$U?<'7Z`#LCN`
MFUG*;AZ)5U[KN#Z[>I`-:K`#IR',7Y`QJOX!3M@&")#!$N`OQYWKR=+BS/[L
M,,L#2J+J_/$!04``T-[91)[MW&X003#<&H`"2I(&OOX'6'`!#2#5W;[N[)[M
M3E`"++`#9][N]%[O]G[O^)[O^K[O_-[O_O[O`!_P`C_P!%_P!G_P")_P"G\:
M3C#<`9,`!QW_,!G3-GC>-OUV*TAP[`'C!!-_*Q#?-AU_*Q4?,!?/RSN@;Q<0
MW!`=#CMF\0Y_*UX>,.4>,.*^\>`@\3&/*GWP\JB2\Z@R\[=2\Y.!`2V0`SQ_
M&G-,Y_SQ$BU/\D>O)#ZO)4"/*D*/*DYP\[>B`%%_'SO?-EO?T&M4]4[!ZB[6
M6^A![2*``E,_#$U_*UT?,%^/'FNO)&*O)%</\G$/.$]_'WE/'G.?6Y:Q`P\@
MV).A!S&F/]2>!36@`=(>T3=-!$0`U3U-`WT@^3P-`9;/TQJ0^3M=`IS?TGVP
M^9^OT42`^:.?T91_^AEM^JI_T:+?^A;M^4VM[H-CU5AM&1]P`1>P_Q_4K@@$
ML/<2#?O"/_S$7_S&?_S(G_S*O_P\3?M?0OCE0>W#G0+8OO#6?_T!DP(Y$`19
M8-7HX00070($8/387_[F7QY]T`(-4.KGW_[N__[P'__R/__T7__V?__XS^](
M\`4M``A$?R(MA2E_B(F*BXR-C4A]'XA!?0J.EYB7#RTEB)N=F:&,&BUJ:7]I
M/#F'J:M_2#D\"**TB:V'?RD/M;R+3FTB6'\[+0U.O<BW?R@M/`G(O`<7+8*(
M62S0O<P:?TZ%+;C9HMN("5\M$.*B$`0:!T3?H.KS]/,M0!-?B@T']9<?+3#D
M8("D#08U%_PYHE'BP(,=#!WN4(@(QY\2:O_^$$@`1(1&CA[;`#%'$='&CG\2
M-,A1LI$=)S@:_,%Q8(?'EHI.>CR4P@[.1!H@'-"'*`?1GW\0L`AR@4@";$@3
M*65*)$T+84B0(A`AC1NB$BBBBJV'!A$+'8AH9(RJH<:?/CE4ON41M8%%(CGL
M_L&+4\.%(`00-0`L^(_//Q>R*B3\1^:?H6(_M"F,"(+CGXP='Q!`%VF.?B4P
M-*9Q$VF#63I$F",2[N?I/ZDA!.T3%07JM7^^2!K+.]L7B`0F_E&312P-;AA:
MY!:1`T;4+`V(B&@#7?KDDD%R%,&B'#%W1`D#_V%A4>%WQ(F._BQ"M/07M$C/
M)]3#@H!HI.)W/.C_4R)!Z9\M/%-$&TZPP$(.LR`5X!\#-L##`U^D\Y,8`A*E
M`U2]9:A-"0VP\I]GS;3P@7TYR/,3$2R@(!.**K;$`PVOB*<&$C(:9M9N_M"(
M"&[JX91"9S?])I:.PR4R8E37H:`!&C5`T$9Y/^5@"5R)U/!A25*^E0-Q?RC0
M'4X/3'G3/1J6R4L"+(V6(00LE%"<C6(=(`(0B,A))T5J2/@'&D$XX1&??AKF
M1!`]DM6G>V.A<8!_?SP05J*')H*%>#^58)$(0>B@`P9M.(=4#=R4(-P?&NSR
M::@[],$-7S]E(<9%G7QPI9FT+B)&,9ZV$<183SEXP`=V')@04D"TD`.,4,4>
M6U(*:!2"#0)M4)=4M,4E$"V,)4$KK5EC]=$,#A,T6XI8VA;71@M?W/E3&CFT
CX-4?'[PJEAHM),1="_)&1>^P]'YQ#%(LU'N*&%#6ZD@@`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>b66599a1b6659905.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 b66599a1b6659905.gif
M1TE&.#EA?P&_`.8``'5O;?GX]_%76>TV.?W[^NPD*-G6U>WLZN]$1O[V]%A2
M42DA(.CFY?WQ[NP4'*NFI?K$Q+^[M\O'Q/OAW9N6EOK,R_F[NO-[>_)K:_>E
MHO63D_-T<_BTLHJ%@_%C8_2"@]W;VO:<FOO4T?WMZ?6*C/SEX?/R\/K0SNP=
M(OO9U?O=V?>KJ/C#N\*_O?SIYM&7E,W*RM!U=/:AGO69DN7BX6);6OBQK_G*
MPGYX=N)75_!.4KNWM>]*3)&-C/?V]?BXMN'?WNB[N/>HI?2(A.6'ANMU=<ZD
MGN%G9J";FNTK+O."?K>SLL7"P.N<F;ZZNC<O+NU^>.X^0/)P;^?*QO*/B?#O
M[O)I9]72T*^LJM#-S?>NK/6/D/;:U;2PKD$Z./2%AJ6AGX1_??3S\NW;U^_0
MS?%@8/3HX_!25,O)QY>2D6EC8>Y!0_K'Q^KHZ/6[N?)F9O%=74U&1-#-R-'.
MR_-W=_1_?\_,R_:8E_7T\]',Q^QO;/F_O^ZVL^TQ,]6^N?___R'Y!```````
M+`````!_`;\```?_@'^"50`U:G\P"@H&@HV.CY"1DI.4E9:7F)F:FYR=GI^@
MH:*CI*(=:'\$`3AB>#6EL+&RL[2UMK>XN9\,.$L/508X@@H'E%5RR,G*R\S-
MSL_0T=+3U-76U]C9VMO<W=[?X,Z",$]@2PH2PG\UC+KN[_#Q\O/T[@8`@C5=
MZ@IM]?\``PH<2#!6```!"'@1@R.`F$,%(TJ<2+'B.P-APESY`R(C$(L@0XH<
M2;*DR9,H4ZI<R;*ERY<P8\H<26#F2`,^1"WIM'.GS9^P,D0!*C%-#WP'TCSJ
M4N.HF$Q=,!U0T*C'GZBA=H`@^O-.'ZZV*D`82[;L6!&/>A"@4`7'5D=8_RC\
MP8$FRX,V0"CL^'-%`H4Y72CXV\M$D!-$79"T08*E9I<(/L`\Z/!G[Q4*+?[0
M`(.$@`$*#VIN_',8!A8D8NS44`<VIH8DK6GU<4"[MFW:/!YUZ*+F`!(\.1O%
MK:(`1(U?Q"@X21.&^!(@E*GB6_<GCH067@[TV/E*C1,0"_XHP".,!@$U(*KX
M(.:$LE7J<;)<$=8#1NR8)`K<E]6@O____ST2P!4'J'%%#36\]0<67JC!B%57
MA,$$&&JDL5$8@D3WQW2O4-7&*U<@D04^<60HWA]AI$'``V`((H%/7OSQWBL8
MGEC??B_EAV-`<V#1`QIHO+>@7()`V($!!M"0!O\CE/VAX714O?(A7TAT\%&)
M3I[X!QIQ/("$(&A@%:-5/KS2)%4W[LA2'0ZH6<]!!.S00P]["1)75:G4X,1W
M2V:9991.@/&*E"!VH$X8YL2H@`DM,!''05VTX(,:+2"A%``M4&#F,'^D04$Q
M;J9T09NARD-#G0\\X`@([?`EB`%((''`%57\88<@M^X%@EX2_!'!'SX<=H`3
MA0'+8J\[^!#75B`@08%GH-4$`P5,9'9K97\`@<1'I9Y$AP,N="ONN/MAX,`$
MY*:KKDWFWK#NN_"N!(<#+,1K[[TBS<L!OOSV6Y``#F3@[\`$SZ.#`S(4K/#"
MMQQ,`L,01TS*&@X\+/'_Q1AK0O$%&7?LL20#.,#QQR1_/)L4):><<1(.8*#R
MRQ$7D(0',->L<`%]P&'SSOXZ$(4`/`=]KP,ZZ"#TT>LV@((`1N^'*2**M(KT
MT1,48,4:^SD1!A:KM/+*U$BG4``&6,=&`P"F!3,,J))4,<?;<,<M]]QTTWV$
M'W7GK??>?/?M]]^`!R[XX(07;GC=1B1Q1!^'-^YXWX(0T($)IL&@#COT-.#`
M'F#OR$(?0WS5V@-Q%*(`%ORP'8_F*W2.XPI1A*!?:\`8@$4:5821A1W3S>."
M`R&XOE\&:V0P^WU`S,&11_5,X,`6PM\7`@(VH-"Y\RA'WQH).D!`ZM0B$*W]
M__8ZL.%`3>`[(/KX1%T`1_@-@'T";>BS_Y/[X8_@R03A1FP^N/8#BA0\H()S
M>>(-0Y"8]QR0@@#^!`,8<!ZZ.L$#ET5L#[2I@`-M8@4,C,`!:.G$`'06,0X4
M``46V.!,X'`!S860$P5H&L1,F(36J3`F+$R``]C0"<T-)6(K2,(`@G=#F)SA
M`W]P``0Z$;[U,2P#?="!Q8KH$BG^`86=L($#CO?$G-&!BB_AP</Z(#!.D(!^
M$;O#&C!@!3"Z9`UW^$,?$L:)#?2A`!-DF!KK`+1')&`+"7`C2:(01QXDD!,>
M.$,??A`Q#2!``SP(I",*V$!!6F0"T"/C'PS9"0%((?\*=&08]VPP@/XU(GP:
MM&1%M$@`35JAC9R(@@:L"#'NG:``+Q2$]U*H2HIDP`$E*(`6_@#!3B1!"'#X
M(L0&J$,>.L("#K!A+R5R!P=4H`#[XF,G4,C&B!4S"75XA!:).,V(;`%X*&`D
M]SBAN0IH$V(>0-D="A#*/_P2>N6,R!FMH,0_;"$WFW">"D@`4(9Q\@\A`&8C
MJJG,?!)D5!1;HAHY,;\&W.&'!CUD,QMQSC,XM"`;0`$*''""/UR4$QRPGA!@
M`[$HS*`1LFS$!QPP@(\2!`.S`:$]G8@)*F#M!]:#F"8%@0&:"<(*)[3I0.`P
M+P;^8:6<>.4?S$<`#TB38$/__8,&,'H&'C@@?H(HJ5+G(8!1&3"EG!#C'\*G
M`A2$4V&;:\0*CA<%*1CP#RFXZUC?00`IL@Q=X<LC)H;XAQ*(S`%O6%@_!6$^
M229A!CK]@_?$NE=W-*!X"'"`_@B``AML0IA_T)P#4.#1@A%@AXUP7B65N%@-
M.("7E=5%"0;P`[N"50<-Q41<K^@`*)02)`\X"@ULE1&IP<.%C3CM$C5WRWW]
M@9]7C>TM5)"$&PC!`9(T7OTLP5Q!#"`)(L`E2#ZR'`+@H`T%JH0J`L#>]KKW
MO?"-KWO-8$WW%D`(`7">")(@`_9F]@[R#;"`!TS@`AOXP`A.L((7S.`&"_B:
M7.""_P?:RP62'KC"7&"O'JB`!Q2XP<$@)O`CT(`$M:W#'Y-H0P16S.(6N_C%
M,':Q$1Q@A!8/(`81F+$1;KSB`CC@"#$.LI"'3.0B&_G(2$ZRDI?,Y"8+^04.
MV,&+"X!C(T-9RBVFLI.W3&1'!,`+E+N<<=TA04=8(;'PHZ5(-R!=76`P$@+(
M;27>_(@U:``D!,"<B?LQCS(W(@1?H6HR__!!!)2AS;DP821($`535B*(D!#`
M6RF"AS`HY@#F!0((("*/_#FB`E^U@/6D@&8'2.$,VT7T+*`*B0;T88J5"$%-
M'S%`BP`!`!WHP)<B%`8%Q0-^CE"M#?2C30R&(`KZ4W4M9/\P:TA\8`"2K,0_
M(?&%T@ZLHHXX[1Z@Z$\>$""(-TB""I1=BXE&8@*@NX14'R'K@GD/$G,\*2E+
ML(4U:,Z9Y);%.B6A@6;_@0,6?`0"#NF(ZC6B#HS$U[L?H8,/3/N6*2CJ%1.>
M;U&HX`M@_4`?(Z$%+NH`!:G^`V@?40$4)+L/;,:7J"&!@3=4.[0%$`H5Y%C&
MBH?BERFG`PDC@4'T_4ZA6E""(#;Z"'37ZXHR#-4>!`L)13_BGQL@X0:B\-H_
MV-GFHOB"CX5`S(!#(GS]2VE<RU!UPU;2$0E`0!SSRL66)$`%-2F!HRF1!#B$
MO!%.=P0+DH``6*I@-FB1--9#\0;_#,@`NQY(>23,+H@+Z&"(Z(8#"E3@:4C`
M@<TK$.G1*P%6D-@5!3Y&P"5T"+Q)</L1IT6!XA.JOS=D#Q8K2&5EQ6A8$;!P
M$J?E80,00`(KE*%Z!$``!KQW=VU^0`=GF/0D4I"$FE=D`!^PP0J&P-)*Y/4-
M?9A[(T[_B-E,N@%<_X/.?^#M4B#@"](M0.M0P`%:2J+Y?Q!U";3@UMS\H`!*
M:/N?:PK!"UA[$FR``GUP=P2A0[RT<I:04A,0!<KG",P6"0ZS:%$P&TP'"@/@
M=4KE`BC`0X2$`/@D"3H@=/7V!P4T`&Q&``/0!SS5"*)&`$>4`=4W":*&`O4D
M$>%3`H(`_VJ=-PD;`#1WD`1W9VZ/8"XU*`@)Y6-+Y`@EP#G&5%!CM0(#@(,8
M``>$1`D;<&@MEPHC14<S)7J1D%>S%0+SDVR3$$1W@`([&!$=UPB&-6Z5L`;0
M8UBPY0A"Z`AGY%R/H`4.\`/']`AUP$5L`&N4(("Q=0%]E'E9%0F.]`=')`A1
M(%Y_4'(;AWJ;PWXZA(>2(&OM5!$74%!$1PDC1P<898=)MWWT$@DN,$P>Z`@C
M0'6FA`$Q2`FT$5N7)PAYY0">-0DR\!4#0$>)5#_K%@D(\"T:]`%`2`G3AD44
MT0=WU@@%D(N3\$%B%3YGUPC[]@@0@`(X.`EE\'I/Y6-,F``C1?^`CB!::?A1
M5?@'I$=QD0!4G,5+)Y"$@M`?D_`%+(.#)<!^E*!-B5@0OT-9?]"+E3"&D3,`
MZ$<`=3!!+]=J&4".?V"(9@8'"/!6H*90E6!8%CE6^B@(+"./D6`^-P")F_!+
MYW-4:Q!MD$!J5M>,%0@0WH.2/(!^E$!_CG!=(\`!#@!+[N,)0M$_!$!/&E`V
M\T12EG"+N?11O_-"'R=[7^@`2F!OG6`^&*6![/@(9?!%946"`$00[>8(4G!H
ME+!5V58`(0`')Q1(.]D)*8`"8@5H)0!4@O`&;Y!.EC`_J#56.M@(4B"2D?!!
M/+!SFV!8W@B'DZ`#Z.=_?X!!`!D0*N#_D7\P`_X6"7#@C7^PERBPEIZEDIZP
MD5&GE2I0`GT@!(15"=ZCC$HU`T[D%2V97*,U,MO4C(+0C9-P=;OX5'L($L0'
MBM'55BZ#`0A``,7D">DX:)SU`]63`,F7@#(C31\PA[U4!E[G`AF`DI'@8W'D
M"77`E'6`:I*@28UU3N1$$6`X"3K$E()P!R655R(0G)V0G'^PBG]05PC@473P
M?Y*P4@(96B@@D^64CIH0,M`H"E"XC9#PC'@%3-^"1!;Q04<Y27H5"7U0EJ[)
M";7V!S4D"!O@`&>`@VL8:P/P2(*`<PZUD9K@5>8)"B.``B>:"OV4E&400R&Q
M6Q^)790PF;?G_PD$Q:))6`(A@#X$B8SSJ:"S8533](]1M96DH'Z1`P=)J`*0
M^%H\<`%!50D)4(WQ<*&2@%9AB0`\T(":,%=_(%"HZ%3[*`!EP&;A`P?V:4EY
MN0E4H'^A`)]>E5CQUP<3E`34IT7:!PEZ6`]7EXF1"0D3(%*"J`GA50&-%0G:
M5@GQI))U$#M0.4W#U@DEX)RBX`$NLP%)D'_H$@*1.@`>H(V110E#@*3Q('B2
MD*.5,!N%F@D)8$B`-@E]2`F&Q(\:\`-V6DXG%1#;F5<_T``\\$4+N4D#4`#O
M:`G\9*7O((I[^@=7:`GS<IV>$'4>0*?"^('=*0-;H`.&=0*#NIB")/^7`B%K
M5O!#LD,`=`"6?T!V0S%'EF"B]-!*E-D(9VH)9^1\G`!H?RJ9<@8)*"04.!E(
M,JI*_"40T$24^FD#A:>7#@`T:E4)(5.5\%`]$DL`/("MDO`#`0,*YH,"PR0)
M=%``&Y!=]52>GZ,$+(6EJB2-`L%\7B@(CXJJ?_`%+?,'\60)6U</!'`!T/8(
MH(F)DE`""+"BF2!:^`8)"2`#"!"%US2)OY,"@WH&I36:JO2C`)$`%S"'H-8'
M'_A+ASF)BDH;L-D)=E!<G^"D8_L')S!YEU`"#GD)%..&DR"T/!`%*/"R6CD!
MIU4`V7.QT]2A$_&3I2<(-U!ZGGJ.K+A%_,G_"02`#P1`%91``"8PN91;N4V`
M`A-0N7S@`)7;N9[[N:`;NF=D!J%+N6-0``4`!4E0N85+NCXV`Y,K`$50NK1;
MN[9[N[B;N[J[N[S+NU^``+T;O+M;!`ACNM%D`BQ0`&10NF3@`&L@!;<;"296
M`PQ@#-"0!WUP!,I`!$D0#M)@!%%`#1+@!R^``LHP8WD@!RSC!\B0`SG@O?`;
MO_([O]3@OO0+#G[@`"^@#%3`OG)0`$0`#3/FONDK#9%@.?DP9IJ@!'@[;1-1
M<J8$E_%9?1`I2"5U6=)*$7M`G8T09ZG@+I`@:L/*"2"0.J"P!R@0;6DI$48G
M5RS%`S+DP+A``!Q<_S!Y=0(E)[<G\;M_H(>.^53\A6R>D&F;%@IB&I?S.A"7
M14X/^`>>M'^ZP`)@JS`:2P*`BQ+'23%OD&H7M7<ZO`DTH`9J@&*?L*B"T'`5
M(;/F=@)R"VFY(`-3RC"N50`?X(0G,5M4X``ST%F/H''Y"*[RX*Z"H*04T4'6
M6(J"0&>X<$XU/#!GX`$.D`08>!*0_!5O4'XCL$23F426*@^-^`?)VZ`$\4X/
M"9B-L+:(*PML0J`*4YQ>A;$GX5H)DP(#P`,3D`0%<`(#\%(J6P\5:HAO^P^+
M^`,"4``3FEI]\,6T8%?*.C!YA4D.`+0G40%]`%8B,``H``?,B$7^60];@/\`
M@:0#7EH0W`;#*T"&Y;@&@"P+D'RT!>..+O`&JTD2!"!8(M!"&.!5)>5^]7!-
M#43(%.&.)!H)1X3.M``P$CLP8LD5*T`;.'B5`I%.E&01\\,"I@H)>S`;`<H?
M%!-^"_.58.$"(1-(%0H0A!0"QU@1SE,TEF"QXUP*H(D"&4PPK]JJ,Q%2@J!Q
M`B$`*=BO$4%Z,RT)G5D+X660#$-=FT<4/]`T"^V2=2`%1%L0/N;.DC"@M>`]
M9\8P!H<C)9?4_7(PC>Q'`QL+*34$>$LP=:PF5C#%^'(!HPBQ05T*0M`'5TPP
M'KPC&FO0^*("ZQP)LDD+%Y6H"@-_.Y(`T*<RQR?_""5`!TQ("MR35\UZ+[?4
MUUQQKBD#IC&=JV&M"3K'>(_P`XH'+W6@`\'\$[_SPQES2P##`R4`!TE`,8W]
M"1WTB8WP!2!W'P10VHUP!L>,(P@0VAZ3`#K``QQ0$R,0DS$G"K='EX\`,*)L
M$\QGK9/0>?=5*M`4V1)S=P\+"FK5R]XUN%R!;CR0!#8]="CP!B=0!KD:*C^)
MKS!3KZ%0A;&#>B@P`&LZ$RH0!:P-QWT-3<6:!%%]'V7@`;J-,73`UIO0A_S\
M![_#>D2QMCP`5G"`X(SH`2Y`!]A]']GHS@F0RA=S!PC@X9A`ES=Z2N=2=3]A
M`06@KG\`?)&@0PE=*FN@_Z"UC<@9$V[-7+2HU4V.0%6\E^(B^P@?A-K0).)J
M0@+^UMXI(XZHG0GAU4`5W`AKJ)DOX0+)-@!2P,%K,,Y28./=LE]XZ#UZW3'>
MG0DI,-Q1^%1I#L6DK!(<4$88P&8W'`DH39U*\['J0@!KW0C]]C(@V@G&0P<:
M4!.<A>=_D*/_5.`#,0($NGNPH328ZP%VW`A#_@@IM=E*%\VI\,0J4^*;4)^/
M<`9?U`#HHG/V),04<0+'3``4XP'ZT]`[-`3Z[572#%,8NP'W32X:H(TE!\(I
M\ZPY;HL8,'>/]0@D@#4\8*R)!\KK/1$?<-N-P`-K`#L%,`(#GL]1\`70E,*3
M(/]QR.S>Z<+J!3``@?HQ!`5J3<X&X.@(2?D(**R'(-2(;;68N2T0PDVF,PM>
MH34`Q:P%"W0#!.#ID&#5,E`!,I#2\3("&?`!X.XQ!W\P!!=L2?`&!=L(YI.&
MEU4`9U``%Y4PN1=L;_#2\7!+'!\Y9'E**+`&(Y``XUX3#;#92O,#OS/N1*HP
M::``<3!<B;`(#+/M%Y#2!"`##1#P4>""2-0`=)"TL2@(WU("9R``U24()%H!
MWY61@C!`$"`"6C#/L7#P=0!0WN-H*^!<*Q#;;[@%0H`"LA9=!%,30*`6PO"X
ME>`##%#W=G_W>)_W>K_W?-_W?O_W@!_X05``1]"\05#_]TW@`#R0QU/``$<@
M``R0^$U0!#R@]T$`!0Q0!",U!G6?!$U@]P+``S20!%)P]WR``BQ#&VM`!H'?
M^GOO`3EPN75?!&O@^GW_^`-P!+:_^[S?^[[_^]7K"$[P`/.1#\,U"70/_,J_
M_,RO]VY``PPP`$3``$"``A]`,450]T0P``QP!HK/`WK0]U,P6G8O_78?!=,?
M!`YP^'5_@0PP!F-``U%0^\W/]WU`!.,_!5.0!'P`"`R"@X2%AH54#@YDAXV.
MCY"1DI.4E8-86"9_#`IB,#A_?S4&H:6FIZBIJJNLK:ZOL+%_&'`$,B@C)2$$
MH38H?TE#!0XKK7T#I3Q;I07%_W\(&+P6#B>F)P,>O++;*B@0!"@V'TG:VZD5
M*&OFZ^SM[NL]/0=5`*0@H'\*!^_\_?[N%@ILZ%,'U0D4-ZAY<."B%1P$I01\
M"#4"!9M0>PI8:-!'"BH+*#3\2[4%08,_/!`4$.FO@0Z6(V/*G/D'#P`L;?;A
M``)"#<V?0-_1*I,`58,H`APD@`#'58:)H3QL",5A0(E29<Y@*'`2E0T'&KH2
MV*+BGX"I?Q)E",JVK5M4-'```-#C3Q4<.,2\W<OW51D'4=A)>1/JPQE3;%`X
M2+%*"(H"-OXH<8"V7Q(9H1*4[<NYL^?/H$=^<*"$71T!43V:DN%L50,IX5#H
MX.JNPO^%/RZHA=[-N[=OWC(<5&"WA4<H!"36)9A<Q@6/RNN^.-CCJ^COZ]BS
M:^<'`457<W<"`Q/"+L&7"7]")!G1#HX#.&4\;)]/O[Y]BNTR]/E#P,'%=R/T
M@<(/;&RT31)G.%#`6O<UZ."##G)0P!\I.(`>/PG0H8@#*&@1RT$W).&`"!"6
M:.*)O$'@P!\<H%`./RXDT(`&T\'R@0X$./8BBCSVZ*-,!Y5P@7$SE8&C*FR0
M%<H9MR5`XH]01BFE.2HD<4,40]`D@G"H)$!"`04,($,#"TYIYIEHHN+"`#/X
M]Q,"=%!D!7NWC/F!8B.FJ>>>4!+`0Q0N_@32"@3TX<`;*:#_P.`?"5BP"Y^0
M1EIB4F4$54<!`B3Q0YA1["CIIZ#6MY`%026@`0JDCA99J*RVJAULG@)%P`VN
MUFHK;W4<=NNNO*8I8Z_`!BOLL,06:^RQR":K[++,-NOLL]!&*^VTU%9K[;78
M9JOMMMQVZ^VWX!*+1@">M7'%9^=ZAH9>G;71AF<!I-O9NK9VX8-G0##Q60N?
M=5$%OD!XY@._GOE;[[V=Y;MOO_\F''!G`S/,61Q=_.%$''%(`)J]^.KK&<&=
M&>RPP"!S)O)>#R"!A0^@$*!`*P=((//,--=L\\TW@\$$SCSW[//-.SSP\]!$
MWRQTT4@3#48+23?=\PX[."VUS4P<_SWUU1(LC771I<P1!@Q87(%/#32P$L`!
M:*>M]MILM^WVVW#'+??<=-=M]]UXYZWWWGSW[???@+N-"0,=>(+%)Z&,$N[B
MNU)`01HU]`"`&CO@HT##C&=^*]A_[`0"`)J';FL;(-B%!!+LBJ[ZZJRW[OH?
M8I#+F29O5>&$':&(P?1;`>R0!2]`='%%K#_YL(2\?QCP+KAMU*!`7:%T4<->
M2RA0`QIVJ5%#&&TQ`(`".!#@?0TU,.`6`&D`L$/G/80!AELU4```$G\`\(`"
M#^RE`!)JY/\'#4_`@EOP$(8:O.\/2R`?*?BDCS]TH&P!"$,':A>'/Y@`%''8
MAUO"X(0_8/^A!6EX7\K:XH,)$J""W/N#%]IR@.E%L!0MP$=;[O&'`Z2P!AT0
M8%N04#$`P*!RGXH#+T+X!S708()N`8)/BAB`.(0!`,C["0#F\(<YI`$$-0"!
M`LS'EAW03X4@@%X%V9*%-(1"ANI[BP0(QKT>7*$'.F1+"EN`A`X8P(Z1JEP/
M]K>$#B*Q+0100P\Z$`<&+``-5UAB4)P``/E=$0`=J$=;(D"!4'B!!F)L2Q:@
MAP\PI(%X,Y'`^OX0!@,`H`T=0`(H1P*Z/[Q1#1U`@QH\QB<#P*`#5_!"/!00
M1[;X8`=HP$$30Y%"MH!@"4O`0@<J9H!B`J4*W/-!!5NV0K8<X&6J=_D#&@"`
MA[T``70T"$,+)&B]Y04E#+Q8`A(`P`LFF)%/!R"`!%H9BC^V11,4F*`"KI!(
M$A*@#1G,9QNP`#VVX"`-.."7!,/@/[;,#P!@.,`"*("$4<(/#`"H6"C@Z)8'
M?'(4*NO<$B`5@1H@@7:AL&A;`%"#D?XA`!WH@3F!PH0:`*!A$;C)*F-"`\PQ
?0(-NZ2E_W-4&S"41I36175LHH`!^$6"/#9U)(```.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>b66599a1b6659906.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 b66599a1b6659906.gif
M1TE&.#EA=@'R`.8``'QV=;FTKNK8Z_6+CHF$@N3CXOBQK_-U=*S<EL7&O,SI
MO\W*RNDO+L3"PKW$L?#N[9J4DY*.C6QE8^]`0MW;VN''X>WLZH%[>M72TK*M
MK/GY^*ZG8[JUL5I44V-<6L&^O=G6U//Q\=9$7W%K::^KJOK$QKZ[NM#.S5%+
M2J&<FZFEI/OAVK6QL/C\]LK&PO;U]?CW]DY&1>+@W^#=W(5_?>_N[;FVM9Z:
MF=30SC,L*_O2T,.VJ::BH):2D.CFY79Q;_'P[^SJZ>OIZ.GHYZ2?GH>"@/WP
M[,O(Q_O[^_+Z[<O'Q(^*B=O8UY60CKRYM\:]P#\X-IR7EO3S\LC&QL:\L]3B
MR^CGYXN'AF=A8*VGIOGS^<K'QDA`/U903\G&Q<?"P+RWM<?$Q.P4'.7TW]_Q
MUM+LQKGAIL*VN_W]_=2NU?;N]J.^CNKGYK_CKN]=8+6/LLU=/_!.3L./Q=GO
MS?7T\^SWYMV_WN;EY,G>O-^:@<.GP+>TLMCFS[M_O9K4?____R'Y!```````
M+`````!V`?(```?_@'^"@X2%?U\='AZ$,QT=#8:1DI.4E9:7F)F:FYR=GI^@
MH:*CI*09-X82-1H`0*6OL+&RL[2UMK>XDQD_+#*#&EV"-`NYQ<;'R,G*R[`8
M/#PQKG]L'8)7D((@'-O<W=[?X.'BX^3EYN?HZ>KK[.WN[_#Q\N<6GA_82"B"
M%\3,_O\``PH<N$F#(`EW_B3\$>3/#Q@$(TJ<2+'BJP4TBNP11.*/E2(T,%@<
M2;*DR9,H4ZI<R;*ERY<P8\J<2;.FS9LX<^K<&4K'@)]`5Q2J08&GT:-(+QD0
MP[2I@4(+("2=2C7ITJ9,GQ**RH;$D@@&/Q!H\L<&#0A2_NQ9`@$#`15__Z0T
M6<*DJMV[$:]BU3HH*HX?:!HX.7(%S1\9-/Y@6!0#2881#C$L8?/G`A*\F#,K
MT^L4*@0<J$!``'!$$)'2?V+\B?"G@=0K"[`HXE)7L^W;M3AG]0SZC^@>'?]\
M8!%7'VO7?V`#N(R[N?-7NL7P%>0W-(0'/U+P@"&!!PVXQU\O,)O%QO/SZ#D9
M6<&^/<1+,BC_F9%V$I*BZ?/KW\^_O___``8HX(#G)3''@0@F48@40TCD13V&
MW)'!)5X0:*$Q<_BAX89D>/8)#S/,LL`#,_0S"`@$7&+BA2S2DN&&&G:XE52"
M?(`%#TC(P,$(2T"$`Q9$.#$("5Q(,-\(/!QRBO\+(&!Q!`DC^'*B!!>\<(,$
MQ#B1@00X_.'$`HJ<(,,%/TB!XB`P1"&!#3(`<84$O@BI0@11MFAG*2_"*&-?
M-'[P0UD]+(`"$BSP0$$'2)CPYR`$@*"!!"^00`0$2]1P0Q%_=,""%-4($L8(
M2(3P@A!HZ"-!%L#<T>@"D%@@11`]G"D(`5GDLT`(%L"@6HHY^/!`8G<&"TJ>
M''KXQQ(-_0'``IBNM@=9?]"``P``_-$H#A+<0,`/;?UQ0VD>)+2(($LT^,<0
M440!166^[!'&JI"<T,0-2\BJ;`%E+4!!#^I:FZD@K`DK,"?$QFAL$UTBL>P5
M`(L5UP4U+$!,HRB"`,+_'1"`X&V7'E`V[A]-]!,!6M7\4!<1"\#KD!=HU)NB
M(`#4!<$"%V2@`1?^CAOPP#Q?4K`?>U(G`0E[X-#%$2/8L`##J[W@@0DC7$#(
M%41H@(()3E"0\<9_=-SU(#.@$(8)$33Q00Y_1-U`#!I03,,=`)@0103V[O&#
M#2C0K,(>ZZ:H<\^`5])"'807WD(A,%A,@08O+%`/#,G6@P83=#`MR`LX(($$
M#AJO\L<#!MUQF0^$P'`""&A00`&IC9YPF04&@1`$YKAJ`*$@(<S0`P9(@%``
MOO4D],?M@1<_RP4D='`"+03(E\D7$!#1@6'&5W\,$PT(48OHF]"QP!',62_^
M__CD/Z>%``*P@3X;6A@RN2L<#!3"\I%,<0D%TI1??`5]].^_`(4``A=&EC9+
MS&!"@_!!<&)1@P]$RQ`[HP0&B*>_GO'/?_T#("%88#]!C,`)`-#8'WH0LS],
M03`_Z()Y_A"$"W1A`4C(P@5<`08(L($%(T,,$0HQF@7,X`($>,$=G$"#)B`A
M"#8@00YN(`42_,`$JV'$#VX`"2_\8(<+8(,,O@``!%908!?$H`8'80$LJ``B
M6&#!#&B`!`(X808_P$#9)`0`^6B`B`]H0@HH$`P4[$$*.<!!"CI`@26(1!!8
M^(`,A""#&7S@!@O@P@&;`((?W"$&,T!"&.`FQT$$H?\#,V`!%OYP@CM<(`PW
MP$$#+C`F_'PQ6&'\GR%"L`0"2,%(UA*":OY`A+F%X`\+8,W<%B":M,T+"D"0
MVA_TD3)@8H,.P1"$#*)`KP54RR&5_%=9HN"!!NQL"LJ4VA8@,`(2I+(!]B.!
M%U]IIUAF4!*GA(RUV+#+7@8LF+[!01"*28/Z^.M?^&25(*2@CS_<[`&KL2;,
MLEF-+?PI`MX<Q!&4&;-!9<&<JB2&.MD)2PR^DQ`82$$*L%`#>3:/!P0P`1:$
M$#`0C$"$?_"!!Z8Y@B.@XF75""@VHG6%#YR`"T?X0:"@8((+9"&;'N``&'[P
MA1A$5!!(N)$$3):WH9U3H^O_Y*@R@H"VRUT@"CN40@SH5Q(MJ"]]Z&L?(8#@
M!">X`C\R,,@6]E`/?%%G11^@`!HPP`*12$DD(<!7"/+7&A;<P0H9\$$!,&*#
MTM"A*#ZP00BFD+4:V%40,`@#8A3#`A\(X0Y2`,(O@Y`LK2H#"3_HU!](X`M4
M,($`*PK6TCC!@P8404BFG4@&3O`Q`!@F"H*8&<]>X+Q,`"$#_LPM0630`4'A
MAP80`>X?A*O<ZDJ$#A;KPAU@@+D/:`!:U+6N>`FR$28LCP0\J,T)2#?>]KKW
MO?"-KWPI0H%K#G0$,YVO?G/Q@B+@;!`_D,$#`&"0_9+O``Q(L((7S&`%&P$7
M43#!_W__D`]AD-7`UG,#5C;,X:8\V!:B0<.$A="I:V!X?!KNL(J9\N%:H,`&
M#8!"/UX0S2*@YL352_&*.]QB6N!`8E`X9-<@`H#D,B$`2$ZRDI?,Y"8[^<E0
MCK*4ITSE*EOYREC.LI:WS.4N>UD$.U9Q%K)LKDW@DF$R\$`';HQCXQT@S!T6
M2IOGC(DWPWG#<J:SGB=AYSLW)<][#C0A^NQG,0!:T((FM)]U@.C_7&%9@VC`
M%:YP!PT0`0!2^H>B[\SH1O='!C6P7!38P`8D$($$(5"M/S8-YTY[>C\AP,$2
M!A&%,(@D#!`(@^567>BFN/K5^;$!`&B43]+(``L=6*&F>__-E%\#.S_2'002
M4M"$NLP0(`-@MAA*\.S\S(`(3<`4P\"0!2P48!<JF!ZVM<WM;J,'":>[C"^&
ML(`:"*(`)RCP/[+-[':[N\W\[K6__WWB@!=ZX`0WL,']/)V$9Z8$#8XX@P?@
MCX7?N>$.QTL)M$UQ9I0!1B`/>;$RKIF-,[OCR_BXR%=N,)(_G./^4#G+11XT
ME]O%Y+U&N3)D/G.0U]SF5,%YH76>#)[W?.1`OSG,/7[TD/\\Z4@1NI^)C@RC
M-_WI4#<*Q"7.=:H?P^I'QWK6=S*&IH-<`3$WNY[&3I6RJUU#:&?ZVX'&]JFX
M_>UQ3_G<Z5YWI-Q=[7G?^=[%WG?_F_S=[($O^N`+?Y3#-SWQ55\\XWGB^*-#
M_NN2G[Q.*M_SRQL#[#TGO.9CPOF9>[X8H)^YZ$?_DM*S_/2Y2#W+5\_ZEKA^
MY;#'A>Q73OM)I.`"BR!V[05R>Y'G_A:[ISDHFH"&1>!R^,3?^_%MD7RG@X(&
M!?#`#.0I"1^$J!`68"_T8U'\D$^_%M7W.2AD,`(H2("PA<@``&C`!>K]P00>
MX-;XR2_]M,^]]Y(P:YD``=_W!]%T`9>U?Z-0?F?G?V\'@)$P`@1``B0`19.P
M%H"!.]%$`!VD@`O8?W+W@*!@3C=P`UE5"!]`!*`B"!8035<0!AY("@P((^='
M"^FW=I_@_P-[0(%@8`E14!O+M%"$$`(^4(1&>(1(F(1*N(1,V(1.^(10&(52
M.(546(56>(586(15L'=MD(5>6(1XL'=58(7O43,_\$B3T`"J5'^K]0=1H`(?
M8%^X\X5T6(=V>(=XF(=Z"(5;.'=M<`=[&(5A.'=C6(7O<0-"`!G/9P@4L`<F
M4!]%$1@F\`(Q*(,@J'?_!PH?@`8`4`0O4XG*,(,;4H.S<(-(]PE2$`;)!8K'
M((IPYX!J!X&&L$HCP".L&(J7*'B9^`E7$#ZWF`RNZ`>D*`NFV'*>$&V_"(RY
MJ'B[R`D$0`!8(`'/B`K):`S!.(RQ4(Q\QPFDUHT@0$'5:`O7J/\)>Z57@U``
M%@-5Q74)VBB+A=`1*H`"*1".Q3".F7`"*9`=@S!L4B$%1;`HF=".H!`%/E`-
MHT2/N&"/FH`#ED-L=(`!`(D)`OD)$.`!^!*1"$D+"ID)1?`%@Y`!*H`%E\$&
M&&D)$YF1)+&1E\`#<%$()K`\)+D))XF2%J&2E7`"/U``"+4\LT,`"1&3FC"3
MG+"*-*F1RU@))#!I6?`'\WAI]",%RB:1F=<)<EB41CEWV`@+0KD)'8`"/_`#
MNV:5KV"3F->,G3`#.*`$(%"`8CF61UF6(O@)+'`!U;)`;5D*9&D(2%`"!M"7
M?OF7@-F7SC8)6ZD)K.%\=PD+>5D(1C#_`<SF!E)IEIQP`0_@`2^PB(DI"HM)
M"(WYF)$9EY[`+%@``*Z4F9KYEH;0F;T&F>PXE9P``T>P6Z:)EZC)F(ZYFI\9
MBZ#PC^0TC[-YFEAY":I9:*QIDJZY"=%VD+\)"ILY",/I9\59"869"5>@,4P@
M@,OY"<TI",]Y9]%)"=.)"23TCYYX@MF)"=OY!]T)9]])F,=YGLB0GNL99NTI
M">$)G[F0GC"P!AO0G_[YGP#:GSN0FV;GCOCIEL%I"2V``'-G!@1Z=:!@`AU0
M+>9YH)60G@O:H`\:=J!P!97Y!YAIH9:`H0SZ=@[:FI*Y"5<``QZ`!"$JHI1`
MHAJ*HJ#9">4&_P5.!:.9(*,FNJ&A!PKV)@BEJ:,Q6IN$D*$]2J.ZV0D:@`,7
M@`,X<`(%1:07:J2#@*1J=Z+&F:*8@`0WX`$E>`-`2*63P*-9ZJ.J!PI"YHMD
M&@EF:G9:*IWOF0D]$`,YP`7*:0@%,#==,@A2$`5-(#S+^:9-%Z?@.:>8$`44
M@"G*%`DS4`,AL"Z#<`$S,&!LFIF$>G2&ZIY<F@E1@`2J\3&3,&%!6!E]>F]*
MD*JJNJJLVJJN^JJP&JNR.JNT6JNV>JNXFJNZNJN\FJH.L'<.X`*SF@![AP#"
M.JN_.G<.H*M!:@%H,%$7%@D9`"Q_0&+6L%-_\`(6L*W<VJW>^JW@&O^NXCJN
MY%JNYGJNZ)JNZKJN[&JN)]"M1\`"+.`$%K``WZ*N?,"%YCH$):IV"'"N@_AV
M5<"N!G$ZAN$%/4`)"_`#E"@(T"0(-C9\7A!-@G`"))`%(T`!%_`!D*()F=IS
MFVJ?B%H)*H4%2^`!([".A&`%6""H@M`!$/$#X,AX0(",@L`"1P`"S#<"^G8)
M'SMS(1L)]TD)+8H$(T"4A2`!7!`#,>`+4L,$7,`%4<EZU$@(!74%.4`<'FNE
M@H"E<(JFL^<)'@`!$-`!9&N7-%FU%0L7+!`%:!`%0N:S7/L'7ENH8,M[GN`%
M%+BW%FB5U/@%VO,0PF%(=+&U"2HX_?JU2EK_H&T:"2($N&BP0DB0@E,[HG-;
MMYIZM\K7N.)XN8EKMXL+H9Q;"S_+<D%K"$-KH09P`*S;NJ[[NJW;8V7JN3.Z
MI37:IJP69H<F":6[<J=;"*E[H+F[8[OKIK2;I+:[I)R;!W#0O,[[O-#KO+++
MN\=[IJ'+H:/;!GNG()9[N)2`N2"KN=:7O=LKM]X[">`+M.*K?N0[=]Q;I><K
M">EKNNN+@YRKO>YKOGAW"?/KN_5[BFV*OV_WOD4:OY'0OR+WNX00O/@IP&I'
MP+-KP(:`P"&GP(/`P/#IP&8'P=0KP85`P2!GP8*`P>>IP4W'P<;KP4?ZN9E[
MO3_:O@.LOX#'ORP<_[XNG*8P_,`RC'@T7+MRVJDZ:L)'A\*&T+L)_+_&V+A"
MW'-$7`A&7,%(O(U*7+[=N[\*6L/J>\-AF\,;O,./U\/(^\.W2Z9+/'--3`A/
M',)1;*"S6<8L=\:#D,8P(L)_0,+9Z<8K!\>"(,<;0L=VO)QX+')Z_`=\K"%^
M/+(B&L@A-\B%[`>'#,0PJL@@Q\C5J[C)R[A<?,)>;'E@;+V7++KW2\7P:\6(
MZ\.'"LF)+,H%3,K?B\7TJ\5XF\E#O,F=U\F6+,;*.\7Y6\4S?,6FS*EC3*62
M#".4K,)7ZLK^"\N;&\J[/,J]7,IA?,K!+`M$&7[#-\P;4LRLC+[(?,3*//^^
MMO`!DBI17>`!2<)Z>+`&ZKS.[-S.ZZS-S]S*ORP)5>#.]MS.;+P))E"5T00`
MXC=Y:>!1`CW0:D#+IF?+H&L)[C30`CU&MB"'(;"!'?@'!>`"%GW1&)W1&KW1
M'-W1'OW1(!W2(CW2)%W2)GW2'BT'#+W2??`$(9VL;^<`"0#2Q#IW"/`%(:T'
M+,W09W#20:H)<MB"U@"#HQ?0.RW0!<W+/.S+T3P)"WW4#ET+<E@J^P!3`'W4
M2&W0KX?0+:S06.U144T+]N61$>`N5<EX1OW5_9/4SKS4T.S)E?#4.QW6LU"`
MD3@<#5O4:NT_;+W*\<S-\QP)<LW2=$VD::W6?1W_P=LLO]T,Q9<PV"M=V#IZ
MV%^=V!V\V`?<V&K\V'O]49Q+V5AMV2F,V1.LV7.,"9#-T)(-HZ!]U*)=Q)6<
MT''=V7VPVB+:VCO]VDX<VUT]VYUMVQ:*VRRMVVC,VS;LU;]-$3#`EG1`:@;Q
M`FP);,*]TL0=Q\:=Q<B]U\"]##?``\2F`A08!$)``$10N8TVW0Q=W7M\W:^<
MW6J]W<EP`L1Q`>]!;"GP2R^*:.A-T%J->UQ]W+ZMW1,1!<30`"(DKU%"C3^@
M/<^VWUFMU%_,U'!-":D]T/"-#%D`@UF0@!9`30=!!]WFX!ZEWH3,WLGLWE]]
MX<>`+AH@D@6`!"#^`43C_P0:4)+G3=LDWLAT7.$-31&/T249$`).,`()"S(C
MD("O)N(8E.,F[LTHCM4JGIU*SM?];7S_C=T!_MZC^P=3OM95;GY7WMY9GN);
MWN5]P.3&W+6FW<>H3=M1OIQFCN:D_<%K;LAMGMP$H0-QL.=\WN=^SN<8%VAQ
M_N4-*.&W3.%N'A%2=V=>MV>##N&<;.BRC>AX/A"+#F>-KC\+>UE[T$6#L)2:
M\.AM'>%O?>A.G>@$<>EAENGD0P$T\`*"^P<XH`$T`$4GNPFB[M=N+<]-+0D\
M#M:*OG0<E06^4"^$L`1;\`<A8..4D.N*_=>,'=B&\.MB%.PG9UK4&%XS\(G,
M/O\)SG[9T)[9TEX(U"Y+J2[L_0$#(X`EA!`!0K(`^,5FF;`'+A`MWP<#'9#7
MW2X)WS[:X5[:XTX(Y>[9`J'J.\;JQG`"%[!KV$%K"!40*N`+W&<%/&"7PF=<
M'J`"4@,7,4``$$`_^QX)_0[;:4ZW=>[(=R[@YW[MFL`"*N!/%$`$(N$#1$`$
M2&L)!+8%OJD6S;(%*2L0U#@"#R_KP4$"`.!`G3`_!J$]3&`Q$,+@F3#RNUWR
M('S:G%WI!8_NEF`#//`!3$,'N\,0$'`$)M"2R/D'W$$(54L"*LO='C3T.!`<
M.)`!H/X/4E_<5'_R.X[JEJ[UE2"2QT(=P`4&'\`#(&#_`GVK"<"%!GFZ]FVO
M##S@"XL8]])6Y':/XX1.@V%^XF,.Y=:><YIPD-38`*@0]R>0`U`PLY:0&""P
M:XXO$"^P[LE>Y$P@)(^A?0%Q]]:=]P$_"`-?VY\_=)K0L<UR`L"5`1$%`V=]
M"28P55(@`UI[SG_``J5U$^UQ_=B?_<4K\I@/Z;4LZ;U-Z2K?]RR/"6'0`UD@
M%1D``SV@*#5+@1</$(4"`<QA`4L`AP/!`,S&`)@`"&E]@X2%AH1J?XJ+C(MC
M?I"1DI.1"HV7BBT(E)R29IB8%8>CA@*@IZBIJHPE8JZOL+&O`ZN,1R9(?R!_
M01E6?R%.)C"UQ<:G$'\?NW]9_TQ_(\?2QPRRUK`,M8*DW(FJCYWAEJJ:X9V?
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MQ0M*@/_<078$$RZ<[O93Q8SV1&C`2$J4)G<N,6[\&!-;U:X8KM(,O3-P5<^A
MLU;E&BCL5+*!TL9D^W9N<H,)+T5UF&?BJR=HO,`"4Q$!)3,`Y&(%W?&J[*I)
MIPIUJEEW'2H`;B:@3K=]ATIX/(UW27ERG6=1>DFM=TI[';T7E01F'4'"(B@H
M<@$.C2S75G.7)-C8@J@0N)F!!X+B8EO;,2B7@Z=`V)&$C5#HE(6H()6A8;YY
M>%(';.CR@R)"=*#(%<0M4L`7.V2IY99<:DF%$F"&*6:8+G1I)I=?CJDFF%2<
MZ>8.+JPIYYQTUJE$F6^:F::=9_3IYY^`_FDGF$\$:BB@<=K_^<6AC)[QQ*!*
M."#II)16.FD"D"[:J*%?0#IF?;5X(,,?."RA"!U=*%+$$8R\8,&KL,8JZZRT
MUFKKK;CFJNNNO/;JZZ_`!BOLL,06:^RN&ABSQ!Y_\(":(AX0\X,0-59K[;78
M9JOMMM5B`0`6)OZQ0`<29,'MN>BFJ^ZZ[+;K[KOPQBOOO/36:^^]^.:K[[[\
M]NOOOP`'+/#`!!=L\,$()ZSPP@PWS.T+132)1`\TJ/`'&E'0D)(,!!!``TNK
MV&""(A@4400%?X11Q!4HGT!`$1_4@@0/*"M3!`%`V(QSRC</48L-'A?PQQ!-
M%.'%T$4?#00$18R\R@L1:*R("44L_T%,&`1<(<7%-HQ8"PLOS_`'$$L4\<4?
M&C1!P\A'>%RE*C4L08.Y?[!`0S)UWSUE$1&\L$H-$11Q0RY.%`%!SH4?O@C+
MM610!`TP<4P#RD,\O@O5!-`-=Q1%-)%+&#0LL?4"-.P,1`0$9`!O$5#L0@($
M,YSXQ14<?T`'""!$$$4M&``0P1\O=`#"%D6\$`,%-A3Q!Q<8G*#6*DY(0!P3
M(\Q@`P346P]!`2/((%PM1U!@@@=_1)#"##'`8#[Z,-S0@PQ=Y*R*!@W(@(4,
M2/S`A`KY_(#!'E?X0P,D\*1:?&$&&0`7#4C`!`^@P304P`(,CH`!''"A%A8(
M'Q:`\(#J]?^`!!V<P0?%58`>X"T5%OC`'3JPA0=T008]N($+8>@2'G#A;:DX
M@@R(D!("?`$#6$!#!,*`@0NH[PL@$-HJ4GB''VS!!S^@0`94\`#]F6`L2["!
M#Y3X+@_LP@/):4`1`&"6!43C#T@`@#'8\+L&*@(`'RB@&F-PA_P4HP'$R<#O
M_A`#/2HB!@T@P!N-$802$2!94<#!(?^0R`OXS`EA,,859O`!E]!QCQ<45P&+
MP00II:HE,^A"LDB`(C1FLA@`"$$#8C:$#JQR:%)2A`I<4HL?-"`,3AC:!7"I
MRS]8X`)4,@83>A`"Y?T!"S,0Y!].%($%<+$8*6B`#?;H@3`$\`__76`"`$#P
MC'AYL6X1D,$(?G"$(L@``.3[0^'6^#LD'&\!.<`!%!"8@S_((`?,NR-Q(BB#
M#.2`G_[T`18*0()/UF*;?U"C`!N@4#Q><P%>6P432@0!KT$A`RZ!@B(6L,E5
MH`$`"^"C(DBP@$SB41%$V&,M/A`-"(3T#RAPJ2)*U`,H=&`_JP`""I!`TBGU
M]`\![`(,@ED+-'#A#B`HX`_VH%`JV:`)/P``&HH!!"@@X08NX0()]HB"!N0@
M!5GS)C.^P(,;_&X!/%#!!=[XK%JP41$U4($-+A""(/#@`Q=X0`RDX(/GK>*D
M]B1"&*2TP\'^P0I$:,!::^$^59V%>(^E_T$(_C`%IZGB#A((PA]4P`-%0,$%
M8_F#1C6I++S%0!$\P$")_F"#+:A3H1C,[!_V,`5@=(&VMET$`&OQ`BYHU@2U
M#<':@CNW(F3``\I<Q05B5@"%2F`!QJ2!:Q7Q@[:F(G@^4T%H8V`"4_%Q"V<$
MP`/@]<VIUN`'/IAJ"!!:@,46XZUH5$8`IYJ%*]RA"TAX04=3<5(T3)4')/!O
MLP+\7Y"E@@?7_`,-&H`$%`!AP0T&`@%8@`8PKJ**+P4"`#2`@[7^@`XS>!Y'
MBT&$'NQ'`CC0`!8T8$LDC``(1P``J%1A`60JX@X70`,+[)OC'1.C6:%-10U&
MP(P[.'#'1M;Q%>B80`(2('<52(``+2\0!`V($G(L!D*RI#`"'_QMEXJ@P).8
M$($F(N$.`!C"#]#P@`W#BW;V?)GJ[G`%`EBL63C\F]>:<`4:_"("2UC"+WKP
MN-WQSBP6Z$&=89#H1=,A!4O06BU&P+>Q%%%P?[AT2BA0.I6F8@\CB$`$4$,$
M&M`@("J@P05&]8=A%L,#5]!=JR]`@WS@F`!-4/`%1$V'563A!Z)&39UI,-YA
M/V`&=9:T*CZ`!5&'%'63*Y_':K99LZC"?J+N[`(``+-,7Z`(-A"@Q\*]"F8[
4>[-7`$!R2$"`"Z#,<<MU1R```#L_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
