<SEC-DOCUMENT>0001292814-12-002410.txt : 20121012
<SEC-HEADER>0001292814-12-002410.hdr.sgml : 20121012
<ACCEPTANCE-DATETIME>20121012172620
ACCESSION NUMBER:		0001292814-12-002410
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		20
CONFORMED PERIOD OF REPORT:	20121231
FILED AS OF DATE:		20121012
DATE AS OF CHANGE:		20121012

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASIA PACIFIC WIRE & CABLE CORP LTD
		CENTRAL INDEX KEY:			0001026980
		STANDARD INDUSTRIAL CLASSIFICATION:	DRAWING AND INSULATING NONFERROUS WIRE [3357]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14542
		FILM NUMBER:		121142444

	BUSINESS ADDRESS:	
		STREET 1:		ROOM B 7/FL., NO. 132, SEC. 3
		STREET 2:		MIN-SHENG EAST ROAD
		CITY:			TAIPEI, 105
		STATE:			F5
		ZIP:			105
		BUSINESS PHONE:		886-2-2712-2558

	MAIL ADDRESS:	
		STREET 1:		ROOM B 7/FL., NO. 132, SEC. 3
		STREET 2:		MIN-SHENG EAST ROAD
		CITY:			TAIPEI, 105
		STATE:			F5
		ZIP:			105
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>apwc20121011_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>

<HTML>
<HEAD>
   <TITLE>apwc20121011_6k.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

<A name="page_1"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader1"></a><DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0pt; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; BORDER-TOP: windowtext 2pt double; PADDING-TOP: 0cm" vAlign=top width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=black face="Times New Roman">UNITED STATES</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=black face="Times New Roman">SECURITIES AND EXCHANGE COMMISSION</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=black face="Times New Roman">Washington, DC 20549<BR><BR></FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=black face="Times New Roman">FORM 6-K<BR><BR></FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=black face="Times New Roman">REPORT OF FOREIGN PRIVATE ISSUER</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=black face="Times New Roman">PURSUANT TO RULE 13a-16 OR 15d-16 OF THE</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=black face="Times New Roman">SECURITIES EXCHANGE ACT OF 1934<BR><BR></FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 12pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">For the month of October 2012</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 12pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Commission File Number 1-14542</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 20pt" lang=EN-US color=black face="Times New Roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 12pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">(Translation of registrant&#8217;s name into English)</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Room B 7/Fl., No.132</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Min-Sheng East Road, Sec. 3, Taipei, 105, Taiwan</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Republic of China</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">(Address of principal executive offices)</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Form 20-F </FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face=wingdings>&#254;</FONT><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F &#9633;</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): &#9633;</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): &#9633;</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="100%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<a name="_bclFooter1"></a><DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV></DIV>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_2"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader2"></a><DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Attached hereto as exhibits 99.1, 99.2, and 99.3, respectively, are&nbsp;(i) the Notice of, and Proxy Statement for, the 2012 Annual General Meeting of Shareholders held on October 5, 2012 (the &#8220;2012 AGM&#8221;); (ii) the Proxy Card for the 2012 AGM; (iii) a press release issued by the registrant on October 5, 2012. </FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exhibit 99.1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Notice of, and Proxy Statement for, the Annual General Meeting of Shareholders held on October 5, 2012.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exhibit 99.2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Proxy Card for Annual General Meeting of Shareholders held on October 5, 2012.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exhibit 99.3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Press Release, dated October 5, 2012.</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<a name="_bclFooter2"></a><DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV></DIV>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_3"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader3"></a><DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 12pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Signatures </FONT></B></P>

<P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman">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, thereunto duly authorized. </FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="50%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="50%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman">By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><U><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman">/s/ Yuan Chun Tang</FONT></U></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Name: Yuan Chun Tang</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title: Chief Executive Officer</FONT></P>

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="50%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman">Date: October 12, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="50%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: 18pt; MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exhibit 99.1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Notice of, and Proxy Statement for, the Annual General Meeting of Shareholders held on October 5, 2012.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exhibit 99.2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Proxy Card for Annual General Meeting of Shareholders held on October 5, 2012.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Exhibit 99.3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman">Press Release, dated October 5, 2012.</FONT></P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="17%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; PADDING-TOP: 0cm" vAlign=top width="83%">

   <P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0cm 0cm 12pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<a name="_bclFooter3"></a><DIV>

<P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV></DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>

<HTML>
<HEAD>
   <TITLE>exhibit99_1.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

<!--$$/page=--><A name="page_1"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: right"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">Exhibit 99.<FONT size=2 face="Times New Roman">1</FONT></FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">TO BE HELD ON OCTOBER 5, 2012</FONT></B></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">YOU ARE HEREBY NOTIFIED that the Annual General Meeting (the &#8220;Meeting&#8221;) of shareholders (the &#8220;Shareholders&#8221;) of Asia Pacific Wire &amp; Cable Corporation Limited (the &#8220;Company&#8221;) will be held at the principal executive offices of the Company, located at No. 132 Min-Sheng East Road, Room B, 7th Fl., Section 3, Taipei, 105 Taiwan, ROC, on October 5, 2012 at 9:00 p.m. (Taipei time) / 9:00 a.m. (New York time) for the following purposes:</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To elect a Chairman, if necessary;</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To read Notice convening the meeting;</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To approve the written record of the last Annual General Meeting of Shareholders of the Company held on October 7, 2011;</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To approve the minimum number of directorships at two (2) and the maximum number of directors at ten (10) and to reserve one (1) such directorship as a casual vacancy;</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To elect up to nine (9) directors, each to hold office, subject to the provisions of the Bye-Laws, as amended, until re-elected or their successors are appointed at the next Annual General Meeting or any special general meeting of the Shareholders or, upon their resignation, removal or their office otherwise becoming vacant, their successors are appointed by the remaining directors to fill a casual vacancy as provided in said Bye-laws;</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To approve the compensation to be paid to the directors;</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To present before the meeting audited financial statements for the fiscal year ended December 31, 2011.</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To approve the appointment of Ernst &amp;Young as the independent auditors of the Company for the 2012 fiscal year, and to authorize the Board of Directors of the Company acting through its Audit Committee to determine the remuneration of the independent auditors for the 2012 fiscal year; and</FONT></P>

<P style="MARGIN-LEFT: 20pt"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To consider such other matters as may be appropriately brought before the Shareholders.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">In addition, during the Meeting, there will be a report by management on certain unaudited financial results of the Company for the first six months of 2012. Shareholders of record as of the close of business on </FONT><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">August 20, 2012 </FONT><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">(the &#8220;Record Date&#8221;) are entitled to notice of and to vote, in person or by a duly-executed and timely-delivered proxy, at the Meeting or any adjournments or postponements thereof. Enclosed is a proxy statement that contains more information about these matters and the Meeting and a proxy card for registering votes.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Shareholders are encouraged to attend the Meeting. Shareholders not able to attend the Meeting in person are invited to participate by conference telephone by dialing into the Meeting on one of the following numbers: </FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S./Canada callers: 1-888-389-5987 </FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callers from outside the U.S./Canada: 1-719-325-2165</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_2"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon calling into the Meeting, the conference call operator will request your name and the number of shares of the </FONT><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Company that you own. Thereafter, you will be joined to the Meeting along with other shareholder participants.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 60%; MARGIN-RIGHT: 0%"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">BY ORDER of the Directors</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 60%; MARGIN-RIGHT: 0%">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 60%; MARGIN-RIGHT: 0%"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif"><U>/s/ Appleby Services (Bermuda) Ltd.<BR></U></FONT><I><FONT size=2 face="Times New Roman,Italic,Arial,Helvetica,sans-serif">Bermuda Resident Assistant Secretary</FONT></I></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Dated: September 7, 2012</FONT></P>

<P style="TEXT-ALIGN: justify"><FONT size=2></FONT>&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<!--$$/page=--><A name="page_3"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">Canon&#8217;s Court <BR>22 Victoria Street <BR>Hamilton Hm Ex <BR>Bermuda </FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">PROXY<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">STATEMENT<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">FOR<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">ANNUAL GENERAL MEETING OF SHAREHOLDERS<BR></FONT></B><I><FONT size=2 face="Times New Roman,Italic,Arial,Helvetica,sans-serif">to be held on October 5, 2012</FONT></I></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">This Proxy Statement is furnished to shareholders (&#8220;Shareholders&#8221;) of Asia Pacific Wire &amp; Cable Corporation Limited, a Bermuda company (the &#8220;Company&#8221;), in connection with the solicitation of proxies in the form enclosed herewith for use at the Annual General Meeting of Shareholders of the Company (the &#8220;Meeting&#8221;) to be held at the principal executive offices of the Company, located at No. 132 Min-Sheng East Road, Room B, 7th Fl., Section 3, Taipei, 105 Taiwan, ROC, on October 5, 2012 at 9:00 p.m. (Taipei time) / 9:00 a.m. (New York time) for the purposes set forth in the Notice of Meeting and described herein.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Holders of record of Common Shares of the Company (the &#8220;Common Shares&#8221;) as of the close of business on August 20, 2012 (the &#8220;Record Date&#8221;), are entitled to receive notice of, and to vote at, the Meeting. The outstanding Common Shares constitute the only class of securities entitled to vote at the Meeting, and each Common Share entitles the holder thereof to one vote. At the close of business on the Record Date, there were 13,830,769 Common Shares issued and outstanding.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Common Shares may be voted if the Shareholder is present in person or represented by proxy. At least two Shareholders holding a majority of the shares outstanding and entitled to vote as of such date must be present in person or represented by proxy for a quorum to exist at the Meeting. If a quorum is not present, the Meeting may be dissolved or adjourned from time to time until a quorum is present.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Common Shares represented by proxies in the form enclosed, if such proxies are properly executed and returned and not revoked, will be voted as specified. For purposes of determining the number of votes cast with respect to (i) the approval of the prior meeting minutes, (ii) the approval of the total number of directors and the reservation of a casual vacancy, (iii) the approval of compensation of the members of the Board of Directors and (iv) the appointment of Ernst &amp; Young as the Company&#8217;s independent auditors and authorization of the Board of Directors of the Company acting through its Audit Committee to determine the remuneration of the independent auditors, only those votes cast &#8220;for&#8221; or &#8220;against&#8221; shall be included. For the purpose of determining the number of votes cast with respect to the election of members of the Board of Directors, only votes cast &#8220;for&#8221; shall be included. To be voted, other than in the case of a vote in person at the meeting, proxies must be timely delivered to the principal solicitation agent of the Company, Broadridge Financial Solutions, Inc., or as directed on the enclosed proxy card. In order to be considered timely delivered, proxies must be received by the Company&#8217;s solicitation agent not later than 5:00 p.m.(New York time) on October 3, 2012. Any Shareholder wishing to vote in person at the Meeting must establish his or her identity and entitlement to vote the number of Common Shares the Shareholder wishes to vote, to the satisfaction of the Inspectors of Election appointed for the Meeting, prior to any vote of that Shareholder being counted with regard to the proposals to be voted upon at the Meeting.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">This Proxy Statement and the enclosed proxy were mailed to Shareholders on or about September 7</FONT><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">, 2012</FONT><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">. The Company will bear the entire cost of preparing, assembling, printing and mailing this Proxy Statement, the accompanying proxy card and any additional materials which may be furnished to Shareholders. Copies of solicitation materials will be furnished to brokerage houses, fiduciaries and custodians to forward to beneficial owners of Common Shares held in the names of such nominees. The solicitation of proxies will be made by the use of the mails and through direct communication with certain Shareholders or their representatives by officers, directors and employees of the Company, who will receive no <FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">additional compensation therefor. In addition, the Company will utilize the services of Broadridge Financial Solutions, Inc. </FONT><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">(and its agents) and Appleby Management (Bermuda) Ltd. to act as solicitation agents.</FONT></FONT></P>

<P style="TEXT-ALIGN: center"><FONT size=3 face="Times New Roman,Arial,Helvetica,sans-serif">1</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<!--$$/page=--><A name="page_4"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Shareholders may inspect and copy (at prescribed rates) the Annual Report for the fiscal year ended December 31, 2011 and the Company&#8217;s other filings with the Securities and Exchange Commission (&#8220;SEC&#8221;) at the SEC&#8217;s Public Reference Room located at 100 F Street N.E., Room 1580, Washington, DC 20549. The public may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-732-0330. The Company&#8217;s SEC filings may also be accessed electronically by means of the SEC&#8217;s website located at www.sec.gov and locating the Company under the link for Company Filings.</FONT></P>

<P style="TEXT-ALIGN: center"><FONT size=3 face="Times New Roman,Arial,Helvetica,sans-serif">2</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<!--$$/page=--><A name="page_5"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">PROPOSAL NO. 1<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">APPROVAL OF MINUTES OF PREVIOUS ANNUAL GENERAL MEETING</FONT></B></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">The last Annual General Meeting of the Company was held on October 7, 2011 (the &#8220;Prior Meeting&#8221;). The Minutes of the Prior Meeting were recorded by the Secretary of the Prior Meeting. The minutes of the Prior Meeting shall be available for inspection by Shareholders for the period commencing not later than ten (10) days prior to the date of the Meeting at the registered office of the Company located at Canon&#8217;s Court, 22 Victoria Street, Hamilton, HMEX Bermuda. The Board of Directors recommends to the Shareholders that the Minutes of the Prior Meeting be approved.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE FOR APPROVAL OF THE </FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">MINUTES OF THE PRIOR MEETING.</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">PROPOSAL NO.2<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">APPROVAL OF TOTAL NUMBER OF DIRECTORS AND RESERVATION OF CASUAL VACANCY</FONT></B></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">The Board of Directors recommends to the Shareholders that that the minimum number of directors be fixed at two (2), the maximum number of directors be fixed at ten (10) and that one (1) vacancy shall exist on the Board of Directors, which shall be deemed to be a casual vacancy, which may be filled from time to time by the Board of Directors in accordance with the provisions of the Bye-Laws.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE FOR APPROVAL OF THE </FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">TOTAL NUMBER OF DIRECTORS AND RESERVATION OF A CASUAL VACANCY.</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">PROPOSAL NO. 3<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">ELECTION OF MEMBERS OF THE BOARD OF DIRECTORS</FONT></B></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">The Directors are elected annually to serve until the next Annual General Meeting of Shareholders or until their successors are elected, except that, in the case of vacancies, the Board of Directors then in office may fill such vacancies until the next election of Directors. The following table sets forth certain information, as of August 24, 2012 and subsequent thereto in certain instances, concerning the individuals nominated by the Board of Directors for election as Directors of the Company (each a &#8220;Nominee,&#8221; and collectively the &#8220;Nominees&#8221;). Assuming approval by the Shareholders of the Directors&#8217; fees set forth in Proposal No. 4 below, each Director shall be entitled to the payment of Directors&#8217; fees as set forth therein. Proxies may be voted for up to nine (9) Directors. Shareholders may not vote their shares more than once for any one Nominee, as cumulative voting is not permitted. Write-in voting for candidates not named in this Proxy Statement is also not permitted. All Directors elected to office shall be elected to a single class of Directorship.</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0>



<TR>

   <TD width="20%"></TD>

   <TD width="1%"></TD>

   <TD width="20%"></TD>

   <TD width="1%"></TD>

   <TD width="58%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 8px" width="20%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>Name</FONT></B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD width="1%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="20%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>Date of Birth</FONT></B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD width="1%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="58%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>Position and Background</FONT></B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR height=20>

   <TD vAlign=top width="20%" align=left>

   <P style="MARGIN-TOP: 10pt"><FONT style="FONT-FAMILY: Times New Roman" size=2>Yuan Chun Tang</FONT></P></TD>

   <TD vAlign=top width="1%" align=left>

   <P style="MARGIN-TOP: 10pt"></P></TD>

   <TD vAlign=top width="20%" align=left>

   <P style="MARGIN-TOP: 10pt"><FONT style="FONT-FAMILY: Times New Roman" size=2>November 26, 1960</FONT></P></TD>

   <TD vAlign=top width="1%" align=left>

   <P style="MARGIN-TOP: 10pt"></P></TD>

   <TD width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Mr. Yuan Chun Tang has been a member of the Company&#8217;s Board of Directors since 2004 and Chief Executive Officer since 2005. Mr. Yuan served as the Company&#8217;s Chairman from 2005 to 2009. He has also served as Chairman of Pacific Electric Wire and Cable Co., Ltd (&#8220;PEWC&#8221;) since 2004 and has been the Director of Pacific Construction Corp. Ltd since 2002. Mr. Yuan served as the Director of Taiwan Co-generation Corp from 2005 to 2008. Mr. Yuan has also been the Chairman of the Taiwan Electric Wire &amp; Cable Industries Association since 2004. He has served as the Supervisor to Taipei Importers/Exporters Association as well as the Director of the Chinese National Federation of Industries in Taiwan since 1998 and 2004, respectively.</FONT></P></TD></TR>

<TR>

   <TD width="100%" colSpan=5><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Michael C. Lee</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>September 28, 1951</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD width="1%" align=left></TD>

   <TD width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Mr. Michael C. Lee has been a member of the Company&#8217;s Board of Directors since 2004 and is also Chief Executive Officer of PEWC and Chairman of Pacific USA Holdings, Ltd. Mr. Michael C. Lee is not related to Dr. Yichin Lee.</FONT></P></TD></TR>

<TR>

   <TD width="100%" colSpan=5><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Andy C.C. Cheng</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>April 29, 1958</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD width="1%" align=left></TD>

   <TD width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Mr. Andy C.C. Cheng was a member of the Company&#8217;s Board of Directors from 2004 to 2005 and was reelected in 2007. Mr. Cheng was appointed as Chairman of the Board in 2009. From 1987 to 2003, Mr. Cheng served as Vice President in charge of procurement at PEWC. Mr. Cheng has been an Executive Vice President at PEWC since 2004 and Chairman of each of the investment divisions of PEWC, Tai Ho Investment Co., Ltd. and You Chi Investment Co., Ltd., since June 2008. Mr. Andy C.C. Cheng is not related to Mr. Fang Hsiung Cheng.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: center"><FONT size=3 face="Times New Roman,Arial,Helvetica,sans-serif">3</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<!--$$/page=--><A name="page_6"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<DIV align=left>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0>



<TR>

   <TD width="20%"></TD>

   <TD width="1%"></TD>

   <TD width="20%"></TD>

   <TD width="1%"></TD>

   <TD width="58%"></TD></TR>

<TR vAlign=bottom>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="20%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>Name</FONT></B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD width="1%" align=center><B></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; TEXT-INDENT: 4px" width="20%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>Date of Birth</FONT></B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD width="1%" align=center><B></B></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" width="58%" align=center><B><FONT style="FONT-FAMILY: Times New Roman" size=2>Position and Background</FONT></B><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left>

   <P style="MARGIN-TOP: 10pt"><FONT style="FONT-FAMILY: Times New Roman" size=2>David Sun</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%" align=left>

   <P style="MARGIN-TOP: 10pt"><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="20%" align=left>

   <P style="MARGIN-TOP: 10pt"><FONT style="FONT-FAMILY: Times New Roman" size=2>December 22, 1953</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Mr. David Sun has been a member of the Company&#8217;s Board of Directors since 2007. He also serves as President of PEWC and Managing Director of Charoong Thai Wire and Cable Public Company Limited.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="100%" colSpan=5><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Lambert L. Ding</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>October 12, 1959</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Dr. Lambert L. Ding has been an independent member of the Company&#8217;s Board of Directors since 2011 and serves on the Audit Committee, the Compensation Committee and the Nominating Committee. Dr. Ding also serves as President and Chief Executive Officer of Union Environmental Engineering Services in Taiwan.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="100%" colSpan=5><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Ching Rong Shue</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>March 4, 1950</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Mr. Ching Rong Shue has been a member of the Company&#8217;s Board of Directors since 2006. He also serves as Vice President of PEWC.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="100%" colSpan=5><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Fang Hsiung Cheng</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>May 31, 1942</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Mr. Fang Hsiung Cheng has been a member of the Company&#8217;s Board of Directors since 2006. He also serves as Assistant Vice President of PEWC. Mr. Fang Hsiung Cheng is not related to Mr. Andy C.C. Cheng.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="100%" colSpan=5><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Anson Chan</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>November 3, 1963</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Mr. Chan has been an independent member of the Board of Directors since 2007 and serves on the Audit Committee as its Chairman. He also serves on the Compensation Committee and the Nominating Committee. Mr. Chan is also a Managing Director of the Bonds Group of Companies and was a Senior Advisor to Elliott Associates from 2005 to 2008.</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="100%" colSpan=5><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD></TR>

<TR vAlign=bottom>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>Yichin Lee</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="20%" align=left><FONT style="FONT-FAMILY: Times New Roman" size=2>January 4, 1961</FONT><FONT style="FONT-FAMILY: Times New Roman" size=2>&nbsp;</FONT></TD>

   <TD vAlign=top width="1%" align=left></TD>

   <TD vAlign=top width="58%" align=left>

   <P style="MARGIN-LEFT: 5px; MARGIN-RIGHT: 5px"><FONT style="FONT-FAMILY: Times New Roman" size=2>Dr. Yichin Lee has been an independent member of the Company&#8217;s Board of Directors and has served on the Audit Committee since 2007. He also serves on the Compensation Committee. Dr. Lee is also a director and CEO of Giga Media Limited (NASDAQ: GIGM). Dr. Yichin Lee holds a doctorate degree in resource planning and management from Stanford University. Dr. Yichin Lee is not related to Mr. Michael C. Lee.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0px">&nbsp;</P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE FOR APPROVAL OF EACH OF THE </FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">NOMINEES FOR ELECTION TO THE BOARD OF DIRECTORS.</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">PROPOSAL NO. 4<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">DIRECTORS&#8217; COMPENSATION</FONT></B></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">In addition to reimbursement for reasonable travel, hotel and incidental expenses in attending meetings of the Board of Directors or committees thereof, the Board of Directors proposes that each Director receives as compensation for his services in the ensuing year a cash payment in the amount of $30,000, if such Director is not an officer or employee of the Company or any of its affiliates, and a cash payment in the amount of $20,000, if such director also serves as an officer or employee of the Company or any of its affiliates.</FONT></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE FOR APPROVAL OF THE </FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">COMPENSATION OF THE BOARD OF DIRECTORS.</FONT></B></P>

<P style="TEXT-ALIGN: center"><FONT size=3 face="Times New Roman,Arial,Helvetica,sans-serif">4</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_7"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">PROPOSAL NO. 5<BR></FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">APPOINTMENT OF INDEPENDENT AUDITORS AND AUTHORIZATION TO DETERMINE </FONT></B><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">REMUNERATION OF INDEPENDENT AUDITORS</FONT></B></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">The Board of Directors recommends that Ernst &amp; Young be appointed as the Company&#8217;s independent auditors until the next Annual General Meeting of Shareholders to audit the financial statements of the Company for the current fiscal year, and that the Board of Directors acting through its Audit Committee be authorized to determine the remuneration of the independent auditors for the current fiscal year. Representatives of Ernst &amp; Young will be available telephonically at the Meeting to respond to appropriate questions from the Shareholders and will be given an opportunity to make a statement should they desire to do so.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THE APPOINTMENT OF ERNST &amp; YOUNG AS INDEPENDENT AUDITORS OF THE COMPANY FOR THE CURRENT FISCAL YEAR AND AUTHORIZATION OF THE BOARD OF DIRECTORS ACTING THROUGH ITS AUDIT COMMITTEE TO DETERMINE THE REMUNERATION OF THE INDEPENDENT AUDITORS FOR THE CURRENT FISCAL YEAR.</FONT></B></P>

<P style="TEXT-ALIGN: center"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">OTHER MATTERS</FONT></B></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At the Meeting, there will be a report by management on certain unaudited consolidated financial results of the </FONT><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Company for the six-month period ended June 30, 2012.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">The Directors know of no other business to be presented at the Annual General Meeting of Shareholders. If other matters properly come before the Annual General Meeting of Shareholders in accordance with the Company&#8217;s Bye-Laws, the persons designated as proxies will vote in accordance with their best judgment.</FONT></P>

<P style="TEXT-ALIGN: justify">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Any Shareholder wishing to submit a proposal for inclusion in the proxy statement for the 2013 Annual General Meeting of Shareholders must submit the proposal to the Secretary of the Company by December 31, 2012. Such proposal must also comply with the requirements as to form and substance established under the laws of Bermuda for such proposals to be included in the proxy statement.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN-LEFT: 60%"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif"><U>/s/ Appleby Services (Bermuda) Ltd.<BR></U></FONT><I><FONT size=2 face="Times New Roman,Italic,Arial,Helvetica,sans-serif">Bermuda Resident Assistant Secretary</FONT></I></P>

<P style="TEXT-ALIGN: justify"><FONT size=2 face="Times New Roman,Arial,Helvetica,sans-serif">Dated: September 7, 2012</FONT></P>

<P style="TEXT-ALIGN: center"><FONT size=3 face="Times New Roman,Arial,Helvetica,sans-serif"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center"><FONT size=3 face="Times New Roman,Arial,Helvetica,sans-serif">5</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exhibit99_2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>

<HTML>
<HEAD>
   <TITLE>exhibit99_2.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

<A name="page_1"></A>

<P></P>

<P style="TEXT-ALIGN: right"><B><FONT size=2 face="Times New Roman,Bold,Arial,Helvetica,sans-serif">Exhibit 99.<FONT size=2 face="Times New Roman">2</FONT></FONT></B></P>

<P></P><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left>

<P style="TEXT-ALIGN: justify"><B><FONT size=1 face=Arial,Bold,Arial,Helvetica,sans-serif>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD vAlign=middle rowSpan=2 width="45%" align=center>
   <IMG border=0 src="fp01b.gif"></TD>

   <TD vAlign=top width="45%" align=center>&nbsp;
   <IMG border=0 src="fp01a.gif"></TD>

   <TD vAlign=bottom rowSpan=2 width="10%" align=right>&nbsp;
   <IMG border=0 src="fp01c.gif"></TD></TR>

<TR height=20>

   <TD width="45%">

   <P style="TEXT-ALIGN: justify"><B><FONT size=1 face=Arial,Bold,Arial,Helvetica,sans-serif>VOTE BY INTERNET - www.proxyvote.com<BR></FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Use the Internet to transmit your voting instructions and for electronic delivery of information up until 5:00PM New York time on Wednesday, October 3, 2012. Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form.</FONT></P>

   <P style="TEXT-ALIGN: justify"><B><FONT size=1 face=Arial,Bold,Arial,Helvetica,sans-serif>ELECTRONIC DELIVERY OF FUTURE PROXY MATERIALS<BR></FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>If you would like to reduce the costs incurred by our company in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and annual reports electronically via e-mail or the Internet. To sign up for electronic delivery, please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access proxy materials electronically in future years.</FONT></P>

   <P style="TEXT-ALIGN: justify"><B><FONT size=1 face=Arial,Bold,Arial,Helvetica,sans-serif>VOTE BY PHONE - 1-800-690-6903<BR></FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Use any touch-tone telephone to transmit your voting instructions up until </FONT><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>5:00PM New York time on Wednesday, October 3, 2012. Have your proxy card in hand when you call and then follow the instructions.</FONT></P>

   <P style="TEXT-ALIGN: justify"><B><FONT size=1 face=Arial,Bold,Arial,Helvetica,sans-serif>VOTE BY MAIL<BR></FONT></B><FONT size=1 face=Arial,Arial,Helvetica,sans-serif>Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.</FONT></P></TD></TR></TABLE></FONT></B>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BACKGROUND-COLOR: #eeeeee; BORDER-TOP: #000000 1px solid" vAlign=middle width="60%" align=left>

   <P style="MARGIN-LEFT: 30pt">&nbsp;
   <IMG border=0 src="fp01d.gif"></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BACKGROUND-COLOR: #eeeeee; BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid" vAlign=middle rowSpan=2 width="40%" align=center>
   <IMG border=0 src="fp01e.gif"></TD></TR>

<TR height=20>

   <TD vAlign=middle width="60%" align=left>&nbsp;
   <IMG border=0 src="fp01f.gif"></TD></TR>

<TR height=20>

   <TD style="BORDER-BOTTOM: #000000 3px dotted" vAlign=middle width="60%" align=left>&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #000000 3px dotted" vAlign=middle width="40%" align=right>

   <P align=right><FONT size=1 face="TT691EO00,Times New Roman,Times,serif">KEEP THIS PORTION FOR YOUR RECORDS</FONT></P></TD></TR>

<TR height=20>

   <TD vAlign=middle width="60%" align=left>&nbsp;</TD>

   <TD vAlign=middle width="40%" align=right>

   <P align=right><FONT size=1 face="TT691EO00,Times New Roman,Times,serif">DETACH AND RETURN THIS PORTION ONLY</FONT></P></TD></TR></TABLE></P>

<P style="TEXT-ALIGN: center"><FONT size=1 face="TT691AO00,Times New Roman,Times,serif"><STRONG>THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED.</STRONG></FONT></P>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR height=20>

   <TD width="1%"></TD>

   <TD style="BORDER-BOTTOM: #808080 3px solid" vAlign=bottom width="97%" colSpan=13>

   <P style="MARGIN-LEFT: 20pt"><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt">&nbsp;&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%"></TD></TR>

<TR>

   <TD style="BORDER-RIGHT: #808080 3px solid" vAlign=bottom rowSpan=21 width="1%">

   <P style="MARGIN-BOTTOM: 30pt">
   <IMG border=0 src="fp01k.gif"></P></TD>

   <TD vAlign=bottom width="4%"></TD>

   <TD vAlign=bottom width="30%" colSpan=3>

   <P><STRONG><FONT size=1 face=Arial>The Board of Directors recommends a vote</FONT></STRONG> <BR><STRONG><FONT size=1 face=Arial>FOR the following:</FONT></STRONG></P>

   <P><STRONG><FONT size=1 face=Arial></FONT></STRONG>&nbsp;</P></TD>

   <TD vAlign=top width="4%" align=left>

   <P style="MARGIN-LEFT: 0pt" align=left><STRONG><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt">For<BR>All<BR><BR>
   <IMG border=0 src="fp01g.gif"></FONT></STRONG><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt"></FONT></P></TD>

   <TD vAlign=top width="4%" align=left>

   <P style="MARGIN-LEFT: 0pt" align=left><B><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt">Withhold<BR>All<BR><BR>
   <IMG border=0 src="fp01g.gif"></FONT></B></P></TD>

   <TD vAlign=top width="13%" align=left>

   <P style="MARGIN-LEFT: 10pt" align=left><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt"><STRONG>For All<BR>Except<BR><BR>
   <IMG border=0 src="fp01g.gif"></STRONG></FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" vAlign=top width="17%" colSpan=2>

   <P style="MARGIN-LEFT: 20pt"><FONT size=1 face=Frutiger-Bold,Arial,Helvetica,sans-serif><STRONG><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt"></FONT></STRONG></FONT></P><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt">To withhold authority to vote for any individual nominee(s), mark &#8220;For All Except&#8221; and write the number(s) of the nominee(s) on the line below.</FONT></TD>

   <TD vAlign=top width="25%" colSpan=4 align=right>
   <IMG border=0 src="fp01h.gif"></TD>

   <TD style="BORDER-LEFT: #808080 3px solid" vAlign=top rowSpan=21 width="1%">

   <P style="MARGIN-TOP: 30pt">
   <IMG border=0 src="fp01i.gif"></P></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%"><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: arial">

   <P style="MARGIN-LEFT: 20pt"></P></FONT></FONT>

   <P style="MARGIN-LEFT: 0pt" align=center><B><FONT style="FONT-FAMILY: arial"><FONT style="FONT-SIZE: 7pt"><FONT lang=PT-BR>1.</FONT></FONT></FONT></B></P></TD>

   <TD vAlign=bottom width="13%">

   <P style="MARGIN-LEFT: 0pt"><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt" lang=PT-BR>Election of Directors<BR></FONT><B><FONT style="FONT-FAMILY: arial; FONT-SIZE: 7pt" lang=PT-BR>Nominees</FONT></B></P></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center><FONT size=1 face=Arial>01</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Yuan Chun Tang</FONT> </TD>

   <TD width="4%" align=center><FONT size=1 face=Arial>02</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Michael C. Lee</FONT> </TD>

   <TD width="4%"></TD>

   <TD width="4%" align=center><FONT size=1 face=Arial>03</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Andy C.C. Cheng</FONT> </TD>

   <TD width="4%" align=center><FONT size=1 face=Arial>04</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>David Sun</FONT> </TD>

   <TD width="4%" align=center><FONT size=1 face=Arial>05</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Lambert L. Ding</FONT> </TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center><FONT size=1 face=Arial>06</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Ching Rong Shue</FONT> </TD>

   <TD width="4%" align=center><FONT size=1 face=Arial>07</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Fang Hsiung Cheng</FONT> </TD>

   <TD width="4%"></TD>

   <TD width="4%" align=center><FONT size=1 face=Arial>08</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Anson Chan</FONT> </TD>

   <TD width="4%" align=center><FONT size=1 face=Arial>09</FONT> </TD>

   <TD width="13%"><FONT size=1 face=Arial>Yichin Lee</FONT> </TD>

   <TD width="4%" align=center></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="72%" colSpan=9>

   <P style="MARGIN-LEFT: 20pt"><STRONG><FONT size=1 face=Arial>The Board of Directors recommends a vote FOR Proposals 2, 3, 4 and 5:</FONT></STRONG> </P></TD>

   <TD width="4%"></TD>

   <TD width="13%" align=right>

   <P style="MARGIN-RIGHT: 10pt"><STRONG><FONT size=1 face=Arial>For</FONT></STRONG> </P></TD>

   <TD width="4%" align=right>

   <P style="MARGIN-RIGHT: 10pt"><STRONG><FONT size=1 face=Arial>Against </FONT></STRONG></P></TD>

   <TD width="4%" align=right>

   <P style="MARGIN-RIGHT: 10pt"><STRONG><FONT size=1 face=Arial>Abstain</FONT></STRONG> </P></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="4%" align=center></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center><STRONG><FONT size=1 face=Arial>2.</FONT></STRONG> </TD>

   <TD vAlign=top width="68%" colSpan=8><FONT size=1 face=Arial>Approval of the Minutes of the Prior Meeting.</FONT></TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center><STRONG><FONT size=1 face=Arial>3.</FONT></STRONG> </TD>

   <TD vAlign=top width="68%" colSpan=8><FONT size=1 face=Arial>Approval of Total Number of Directorships and Reservation of Casual Vacancy.</FONT> </TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center><STRONG><FONT size=1 face=Arial>4.</FONT></STRONG> </TD>

   <TD vAlign=top width="68%" colSpan=8><FONT size=1 face=Arial>Approval of the Compensation of Directors.</FONT> </TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD vAlign=top width="4%"></TD>

   <TD vAlign=top width="13%"></TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD>

   <TD vAlign=top width="4%" align=right></TD></TR>

<TR height=20>

   <TD vAlign=top width="4%" align=center><STRONG><FONT size=1 face=Arial>5.</FONT></STRONG> </TD>

   <TD vAlign=top width="68%" colSpan=8><FONT size=1 face=Arial>Appointment of Ernst &amp; Young as the Company's Independent Auditors for the Current Fiscal Year and Authorization of the Board</FONT> <FONT size=1 face=Arial>of Directors acting through its Audit Committee to Determine Remuneration of the Independent Auditors for the Current Fiscal</FONT> <FONT size=1 face=Arial>Year.</FONT> </TD>

   <TD width="4%"></TD>

   <TD vAlign=top width="13%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=top width="4%" align=right>
   <IMG border=0 src="fp01g.gif"></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="4%" align=center></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="34%" colSpan=4 align=center></TD>

   <TD width="4%"><STRONG><FONT size=1 face=Arial>Yes</FONT></STRONG> </TD>

   <TD width="4%"><STRONG><FONT size=1 face=Arial>No</FONT></STRONG> </TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD vAlign=bottom rowSpan=4 width="38%" colSpan=5 align=center>
   <IMG border=0 src="fp01j.gif"></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="34%" colSpan=4 align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Arial>Please indicate if you plan to attend this meeting</FONT> </P></TD>

   <TD vAlign=bottom width="4%">
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=bottom width="4%">
   <IMG border=0 src="fp01g.gif"></TD>

   <TD vAlign=bottom width="13%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="4%" align=center></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD>

   <TD width="4%"></TD>

   <TD width="13%"></TD>

   <TD width="4%"></TD></TR>

<TR height=20>

   <TD vAlign=bottom width="59%" colSpan=8 align=left>

   <P style="MARGIN-LEFT: 10pt"><FONT size=1 face=Arial>Please sign exactly as your name or names appear on your share certificates or on the books and records of the Company. For joint accounts, each owner should sign. When signing as executor, administrator, attorney, trustee, guardian or in some other fiduciary capacity, please give your full title.</FONT> </P></TD></TR>

<TR height=20>

   <TD style="BORDER-BOTTOM: #808080 3px solid; BACKGROUND-COLOR: #eeeeee" vAlign=bottom width="55%" colSpan=7 align=center>
   <IMG border=0 src="fp01l.gif"></TD>

   <TD style="BORDER-BOTTOM: #808080 3px solid; BACKGROUND-COLOR: #eeeeee" width="42%" colSpan=6 align=center>
   <IMG border=0 src="fp01m.gif"></TD></TR></TABLE>

<P></P>

<DIV align=left>&nbsp;</DIV>

<P style="MARGIN: 0px">&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<!--$$/page=--><A name="page_2"></A><BR>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif>
<IMG border=0 src="fp02.gif"></FONT></B></P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif>

<TABLE style="WIDTH: 100%" border=0 cellSpacing=0 cellPadding=0>



<TR height=20>

   <TD width="1%"></TD>

   <TD width="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif>Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: </FONT></B><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>The Notice &amp; Proxy Statement is/are available at </FONT><U><FONT color=#0000ff size=2 face=Arial,Arial,Helvetica,sans-serif>www.proxyvote.com </FONT></U><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>.</FONT></P></TD>

   <TD width="1%"></TD></TR>

<TR height=20>

   <TD width="1%"></TD>

   <TD style="BORDER-BOTTOM: #000000 3px dotted" width="98%" colSpan=2>&nbsp;</TD>

   <TD width="1%"></TD></TR>

<TR height=20>

   <TD width="1%"></TD>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="98%" colSpan=2>&nbsp; </TD>

   <TD width="1%"></TD></TR>

<TR>

   <TD style="BORDER-RIGHT: #000000 2px solid" vAlign=bottom rowSpan=3 width="1%">

   <P style="MARGIN-BOTTOM: 20pt">
   <IMG border=0 src="fp02d.gif">&nbsp;</P></TD>

   <TD style="BORDER-RIGHT: #000000 1px solid" width="20%" align=right>
   <IMG border=0 src="fp02c.gif"></TD>

   <TD width="78%">

   <P style="TEXT-ALIGN: center"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif>THIS PROXY IS BEING SOLICITED ON BEHALF OF <BR>THE BOARD OF DIRECTORS OF <BR></FONT></B><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED</FONT></B></P></TD>

   <TD style="BORDER-LEFT: #000000 2px solid" rowSpan=3 width="1%">&nbsp;</TD></TR>

<TR height=20>

   <TD width="20%"></TD>

   <TD width="78%"></TD></TR>

<TR height=20>

   <TD style="BORDER-BOTTOM: #000000 2px solid" width="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 30pt; MARGIN-RIGHT: 30pt"><FONT size=2 face=Arial,Arial,Helvetica,sans-serif>The undersigned, a shareholder of Asia Pacific Wire &amp; Cable Corporation Limited (the &#8220;Company&#8221;), hereby appoints Mr. Frank Tseng and Mr. Ken Goertzen, and each of them individually and acting singly, as Proxies to represent and vote all of the Company&#8217;s Common Shares held of record by the undersigned, each with full power of substitution, at the Annual General Meeting of Shareholders of the Company, to be held at the principal executive offices of the Company on October 5, 2012 at 9:00 p.m. (Taipei time) / 9:00 a.m. (New York time), and at any adjournment or postponement thereof.</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 30pt; MARGIN-RIGHT: 30pt"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif>YOUR SHARES CANNOT BE VOTED UNLESS YOU SIGN AND TIMELY RETURN THIS CARD OR YOU ATTEND THE MEETING AND VOTE IN PERSON.</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 30pt; MARGIN-RIGHT: 30pt"><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

   <P style="TEXT-ALIGN: justify; MARGIN-LEFT: 30pt; MARGIN-RIGHT: 30pt"><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN-LEFT: 30pt; MARGIN-RIGHT: 30pt"><B><FONT size=2 face=Arial,Bold,Arial,Helvetica,sans-serif>Continued and to be signed on reverse side</FONT></B></P></TD></TR></TABLE></FONT></B></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>exhibit99_3.htm
<DESCRIPTION>EXHIBIT 99.3
<TEXT>

<HTML>
<HEAD>
   <TITLE>exhibit99_3.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">

&nbsp; <A name="page_1"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 16pt" lang=EN-US face=Calibri,sans-serif>Asia Pacific Wire &amp; Cable Corporation Announces First Half 2012 Results; Board of Directors approves Share Repurchase Program</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>TAIPEI, Taiwan, October 5, 2012 (GLOBE NEWSWIRE) -- Asia Pacific Wire &amp; Cable Corporation Limited (NASDAQ: APWC) ("APWC" or the "Company"), a leading manufacturer of wire and cable products for the telecommunications and electric-power industries in selected Asia-Pacific markets, today announced consolidated financial results for the six months ended June 30, 2012.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Six Months Ended June 30, 2012 Financial Highlights:</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<UL style="MARGIN-TOP: 0cm; MARGIN-BOTTOM: 0cm" type=disc>

<LI style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Revenues were $215.3 million, a decrease of 20.4% from $270.5 million in 1H 2011</FONT>

<LI style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Gross profit was $22.8 million, a decrease of 22.4% from $29.3 million in 1H 2011</FONT>

<LI style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Gross profit margin was 10.6%, compared with 10.8% in 1H 2011</FONT>

<LI style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Net income attributable to APWC shareholders was $5.3 million, an increase of 3% from $5.1 million in 1H 2011</FONT>

<LI style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Basic and diluted earnings per share was $0.38, an increase of 2.7% from $0.37 in 1H 2011</FONT>

<LI style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$54.2 million in cash and cash equivalents at June 30, 2012</FONT> </LI></UL>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt 36pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>APWC&#8217;s first half 2012 revenues were adversely impacted by the severe flooding in Thailand that forced the temporary closure of many businesses in Thailand during the first quarter, including the Company&#8217;s Siam Pacific operations. As of April 2012, the Company&#8217;s Siam Pacific manufacturing facility in Thailand was fully rehabilitated and is now functioning at full operating capacity.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Financial Summary</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 19.45pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="37%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$ million USD, except EPS</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>1H 2012</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>1H 2011</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-TOP: windowtext 1pt solid; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>% Change</FONT></P></TD></TR>

<TR style="HEIGHT: 19.45pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="37%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Net Sales</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$215.3</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$270.5</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 19.45pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-20.4%</FONT></P></TD></TR>

<TR style="HEIGHT: 17.65pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="37%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Gross Profit</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$22.8</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$29.3</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-22.4%</FONT></P></TD></TR>

<TR style="HEIGHT: 17.2pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="37%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Selling, General and Administrative Expenses</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$15.5</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$17.0</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-8.5%</FONT></P></TD></TR>

<TR style="HEIGHT: 17.2pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="37%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Operating Income</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$11.0</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$12.7</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.2pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-13.1%</FONT></P></TD></TR>

<TR style="HEIGHT: 17.65pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="37%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Net Income</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$5.3</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$5.1</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 17.65pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>+3.0%</FONT></P></TD></TR>

<TR style="HEIGHT: 18.1pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; BORDER-LEFT: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.1pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="37%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>EPS</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.1pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$0.38</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.1pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="22%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>$0.37</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 5.4pt; PADDING-RIGHT: 5.4pt; HEIGHT: 18.1pt; BORDER-RIGHT: windowtext 1pt solid; PADDING-TOP: 0cm" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>+2.7%</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT></B>&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_2"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>First Half Ended June 30, 2012 Results</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Revenues for the six months ended June 30, 2012 were $215.3 million, a 20.4% decrease from $270.5 million in the year-ago period, primarily attributable to lower sales in China and sales disruptions in the Company&#8217;s Siam Pacific facility while undergoing restoration work in the first quarter of 2012. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Gross profit for the first half of 2012 decreased by 22.4% to $22.8 million from $29.3 million in the year-ago period, representing gross margins of 10.6% and 10.8%, respectively. These decreases were primarily attributable to lower copper prices and lower gross margins for its distributed products.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Selling, general and administrative expenses for the first half of 2012 decreased 8.5% to $15.5 million from $17.0 million in the year ago period, primarily attributable to cost savings related to the disposal of Shangdong Fiber Optic Cable (China), partially offset by additional flooding damages identified in its Siam Pacific (Thailand) facility and higher operating expenses in its China and Australia business units. Operating income decreased to $11.0 million for the six months ended June 30, 2012 from $12.7 million in the corresponding period of 2011. The Company recorded a $0.7 million charge in the first half of 2012 related to the flooding in Thailand.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Net income attributable to APWC shareholders was $5.3 million for the first half of 2012 compared to $5.1 million in the corresponding period in 2011. Net income per basic and diluted share was $0.38 for the period, compared to $0.37 in the first half of 2011. The basic and diluted weighted average shares outstanding were 13.8 million for both periods.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Financial Condition</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>As of June 30, 2012, APWC had $54.2 million in cash and cash equivalents, $10.1 million in unrestricted short-term bank deposits, and $10.7 million in restricted short-term bank deposits, totaling $75 million, compared to cash and cash equivalents and unrestricted and restricted bank deposits totaling $91.2 million as of December 31, 2011. This decrease was primarily attributable to higher capital expenditures in the first half of 2012.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Total current assets were $319.4 million as of June 30, 2012 compared to $288.7 million at December 31, 2011. Working capital was $188.1 million as of June 30, 2012, as compared to $171.0 million at December 31, 2011. Shareholders' equity attributable to APWC was $153.0 million at June 30 2012, compared to $146.5 million at December 31, 2011. Net book value per share increased to $11.06 as of June 30, 2012 from $10.59 per share at December 31, 2011.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_3"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>APWC used $16.4 million in cash from operating activities during the first half of 2012 compared to </FONT>$13.1 million in cash used from operations in the first half of 2011. Accounts receivable was $113.8 million at June 30, 2012, representing 94 average days sales outstanding, compared to $98.3 million and 92 average days sales outstanding at December 31, 2011. </FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Share Repurchase Program</FONT></B></P>

<P style="MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>The Company announced today that its Board of Directors recently approved the implementation of a share repurchase program, pursuant to which the Company is authorized to repurchase up to $2 million worth of its Common Shares over the next 12 months. The Company plans to retain a financial adviser to manage the share repurchase program in accordance with Rule 10b-18 under the Securities Exchange Act. Once implemented, the common shares may be repurchased on the open market, in negotiated transactions, in block trades or otherwise. The timing and the extent of any purchases will depend upon market conditions, the trading price of the common shares and other factors, subject to the restrictions relating to volume, price and timing under applicable laws and regulations. The Company plans to announce the date of the commencement of the share repurchase program in the near future.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>About Asia Pacific Wire &amp; Cable Corporation</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Asia Pacific Wire &amp; Cable Corporation is principally engaged in the manufacture and distribution of telecommunications (copper and fiber optic) and power cable and enameled wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia. The Company manufactures and distributes its own wire and cable products and also distributes wire and cable products ("Distributed Products") manufactured by its principal shareholder, Pacific Electric Wire &amp; Cable Company, a Taiwanese company ("PEWC"). The Company also provides project engineering services in the supply, delivery and installation ("SDI") of power cables to certain of its customers. For more information on the Company, visit http://www.apwcc.com. Information on the Company's Web site or any other Web site does not constitute a portion of this release.</FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Safe Harbor Statement</FONT></B></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>This release contains certain "forward-looking statements" relating to the Company, its business, and its subsidiary companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes", "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially <FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website http://www.sec.gov. All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.</FONT></FONT></P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-JUSTIFY: inter-ideograph; TEXT-ALIGN: justify; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-</FONT><I><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>Financial Tables Follow</FONT></I><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Calibri,sans-serif>-&nbsp;</FONT></P></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>



<P>&nbsp;</P>

&nbsp; <A name="page_5"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<DIV align=left>

<TABLE style="WIDTH: 100%; BORDER-COLLAPSE: collapse; MARGIN-LEFT: 0.65pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 28.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 28.5pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>CONSOLIDATED STATEMENTS OF OPERATIONS</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>(Unaudited)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>(Amounts in thousands of US Dollars, except share data)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="38%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>For the six-months</FONT></B></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=bottom width="62%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="38%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>ended June 30,(Unaudited)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=bottom width="62%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>2011 </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>2012 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Net sales</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=bottom width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="TEXT-INDENT: -20.6pt; MARGIN: 0cm 0cm 0pt 20.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Manufactured products (sales to related parties amounted to $2,514 in 2011 and $1,002 in 2012)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$240,562 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$197,436 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Distributed products</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>17,148 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>16,230 </FONT></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt 20.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Supply, delivery and installation of wires and ables</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>12,823</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,628</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=bottom width="62%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>270,533 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>215,294 </FONT></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Cost of sales (purchases from related parties amounted to$29,416 in 2011 and $22,952 in 2012)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(241,208)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(192,544)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Gross profit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>29,325 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>22,750 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Selling, general and administrative expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(16,976)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(15,525)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Recovery(allowance) for doubtful accounts </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>365 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(39)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Charge related to flooding </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>0 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(749)</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Recovery of losses from flooding </FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,611</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Income from operations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>12,714 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>11,048 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Exchange gain, net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>42 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>665 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Interest income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>652 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>659 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Interest expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(1,795)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(988)</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Loss on disposal of an investment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(68)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>0 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Share of net gain of equity investees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>27</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Other income, net</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>491</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,011</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Income before income taxes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>12,051 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>12,422 </FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Income taxes expense</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(4,518)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(3,780)</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Net income</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>7,533 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>8,642 </FONT></P></TD></TR>

<TR style="HEIGHT: 27pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Less: Net income attributable to non-controlling interests</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(2,395)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(3,348)</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Net income attributable to APWC</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,138 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,294 </FONT></P></TD></TR>

<TR style="HEIGHT: 18pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Basic and diluted earnings per share</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>0.37 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>0.38 </FONT></P></TD></TR>

<TR style="HEIGHT: 30pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Basic and diluted weighted average common shares outstanding </FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>13,830,769 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 30pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>13,830,769 </FONT></P></TD></TR>

<TR style="HEIGHT: 18.75pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Other comprehensive income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="18%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="2%" noWrap>&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 18.75pt; PADDING-TOP: 0cm" width="18%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Currency translation adjustment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(133)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>389 </FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Pension liability adjustments</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>- </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>10 </FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Other comprehensive (loss) income for the period</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(133)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>399 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total comprehensive income for the period</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>7,400 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>9,041 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Less: total comprehensive income attributable to</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Non-controlling interest</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(1,122)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(2,546)</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="62%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total comprehensive income attributable to APWC</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>6,278 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>6,495 </FONT></P></TD></TR></TABLE></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_6"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0.65pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 32.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 32.25pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>CONSOLIDATED BALANCE SHEETS</FONT></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>(In thousands of US Dollars, except share data)</FONT></P></TD></TR>

<TR style="HEIGHT: 34.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.5pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>As of December 31,2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 34.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>As of June 30,2012, (Unaudited)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%" noWrap>&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>ASSETS</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Current assets:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$76,672</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$54,227</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Unrestricted short-term bank deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>2,529</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>10,132</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Restricted short-term bank deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>12,024</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>10,706</FONT></P></TD></TR>

<TR style="HEIGHT: 20.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 20.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Accounts receivable, net of allowance for doubtful <FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>accounts of $4,614 at December 31, 2011 <FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>and $4,416 at June 30, 2012(unaudited)</FONT></FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 20.25pt; PADDING-TOP: 0cm" vAlign=middle width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#808080 face=verdana,sans-serif>98,329</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 20.25pt; PADDING-TOP: 0cm" vAlign=middle width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 20.25pt; PADDING-TOP: 0cm" vAlign=middle width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#808080 face=verdana,sans-serif>113,755</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Amounts due from related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,227</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,998</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Inventories</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Distributed products</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>2,243</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>7,119</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Finished products</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>35,786</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>40,853</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Work-in-progress</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>16,434</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>21,821</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp; Raw materials and supplies</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>24,552</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>36,754</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>79,015</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>106,547</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,185</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,907</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Prepaid expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>7,157</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>7,532</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Other current assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>2,559</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>6,640</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total current assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>288,697</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>319,444</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Property, plant and equipment:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Land</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,964</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,951</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Land use rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>2,900</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>2,912</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>49,749</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>50,403</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Machinery and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>118,984</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>123,544</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Motor vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,267</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>6,675</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>6,717</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Construction in progress</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>2,547</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,188</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>191,022</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>194,982</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Accumulated depreciation and amortization</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(148,108)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(150,147)</FONT></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>42,914</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>44,835</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>617</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Investments in equity investees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,435</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,434</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Other assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>108</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>95</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Deferred tax assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>516</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,678</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,662</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="63%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #666666 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$337,289</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #666666 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$369,941</FONT></P></TD></TR></TABLE></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_7"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0.65pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>LIABILITIES AND SHAREHOLDERS' EQUITY</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Current liabilities:</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Bank loans and overdrafts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>52,813 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>47,140 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Accounts payable</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>22,148 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>42,741 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>10,737 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>10,628 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Amounts due to related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>14,693 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>12,558 </FONT></P></TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Short-term loans from the immediate holding company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,732 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,732 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Income tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>9,835 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>10,603 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp;Other current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,783 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>5,320 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Current portion of long-term debt</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>0 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>625 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>117,741 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>131,347 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Non-current liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; BORDER-RIGHT: #d7e7b8 1pt solid; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Long-term debt, less current portion </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>0 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>13,375 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Other non-current liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>3,678 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>3,374 </FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Deferred tax liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,181</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,181</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total non-current liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,859</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>17,930</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>122,600</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>149,277</FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Commitments and contingencies</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Equity:</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Common stock, $0.01 par value:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 38.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 38.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-INDENT: 5pt; MARGIN: 0cm 0cm 0pt 6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Authorized shares of 50,000,000 shares at December 31, 2011 and June 30,2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 38.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 38.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 38.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 25.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="TEXT-INDENT: 10pt; MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Issued and outstanding shares -- 13,830,769 shares</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>138 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 25.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>138 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Additional paid-in capital</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>111,541 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>111,541 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Retained earnings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>34,545 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>39,840 </FONT></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Accumulated other comprehensive income</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>286</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 26.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>1,487</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total APWC shareholders' equity</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>146,510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>153,006</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Non-controlling interests</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>68,179</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>67,658</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total equity</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>214,689</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>220,664</FONT></P></TD></TR>

<TR style="HEIGHT: 20.95pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 20.95pt; PADDING-TOP: 0cm" vAlign=top width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Total liabilities and equity</FONT></P></TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 20.95pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>$337,289</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 20.95pt; PADDING-TOP: 0cm" vAlign=top width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: gray 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 20.95pt; PADDING-TOP: 0cm" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>$369,941</FONT></P></TD></TR>

<TR>

   <TD style="BACKGROUND-COLOR: #cceeff" width="70%">&nbsp;</TD>

   <TD style="BACKGROUND-COLOR: #cceeff" width="14%">&nbsp;</TD>

   <TD style="BACKGROUND-COLOR: #cceeff" width="2%">&nbsp;</TD>

   <TD style="BACKGROUND-COLOR: #cceeff" width="14%">&nbsp;</TD></TR></TABLE></DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

&nbsp; <A name="page_8"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<DIV align=left>

<TABLE style="WIDTH: 100%; MARGIN-LEFT: 0.65pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 33pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 33pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>ASIA PACIFIC WIRE &amp; CABLE CORPORATION LIMITED AND SUBSIDIARIES</FONT></P></TD></TR>

<TR style="HEIGHT: 24.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.75pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS</FONT></P></TD></TR>

<TR style="HEIGHT: 24.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 24.75pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>(Unaudited)</FONT></P></TD></TR>

<TR style="HEIGHT: 27.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="100%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>(In thousands of U.S. Dollars)</FONT></P></TD></TR>

<TR style="HEIGHT: 32.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 32.25pt; PADDING-TOP: 0cm" vAlign=bottom width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=ZH-TW color=#000000 face=pmingliu></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 32.25pt; PADDING-TOP: 0cm" width="30%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>For the six-months</FONT></B></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 16.5pt; PADDING-TOP: 0cm" vAlign=bottom width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=ZH-TW color=#000000 face=pmingliu></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="30%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>ended June 30</FONT></B></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 17.25pt; PADDING-TOP: 0cm" vAlign=bottom width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 12pt" lang=ZH-TW color=black face=pmingliu></FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>2011 </FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 12pt" lang=ZH-TW color=#333333 face=pmingliu></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0cm 0cm 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=#333333 face=verdana,sans-serif>2012 </FONT></B></P></TD></TR>

<TR style="HEIGHT: 21pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 21pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Net cash used in operating activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 21pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>($13,142)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 21pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 21pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>($16,409)</FONT></P></TD></TR>

<TR style="HEIGHT: 26.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Net cash used in investing activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(4,785)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 26.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(10,790)</FONT></P></TD></TR>

<TR style="HEIGHT: 27pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Net cash provided by financing activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>34,172 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>4,373 </FONT></P></TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Effect of exchange rate changes on cash and cash</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="14%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 27.75pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp; equivalents</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(3,968)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 1.4pt; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=ZH-TW color=gray face=pmingliu></FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>381 </FONT></P></TD></TR>

<TR style="HEIGHT: 16.5pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Net increase (decrease) in cash and cash</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="14%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=ZH-TW color=gray face=pmingliu></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 16.5pt; PADDING-TOP: 0cm" width="14%">&nbsp;</TD></TR>

<TR style="HEIGHT: 14.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>&nbsp; equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>12,277 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 14.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>(22,445)</FONT></P></TD></TR>

<TR style="HEIGHT: 27.75pt">

   <TD style="PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Cash and cash equivalents at beginning of period</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>63,217</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; BACKGROUND: #cceeff; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=ZH-TW color=gray face=pmingliu></FONT></P></TD>

   <TD style="BORDER-BOTTOM: #999999 1pt solid; PADDING-BOTTOM: 0cm; BACKGROUND-COLOR: #cceeff; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 27.75pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>76,672</FONT></P></TD></TR>

<TR style="HEIGHT: 17.25pt">

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="70%">

   <P style="MARGIN: 0cm 0cm 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=#666666 face=verdana,sans-serif>Cash and cash equivalents at end of period</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #666666 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$75,494</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="2%">&nbsp;</TD>

   <TD style="BORDER-BOTTOM: #666666 2.25pt double; PADDING-BOTTOM: 0cm; PADDING-LEFT: 1.4pt; PADDING-RIGHT: 1.4pt; HEIGHT: 17.25pt; PADDING-TOP: 0cm" width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0cm 0cm 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=EN-US color=gray face=verdana,sans-serif>$54,227</FONT></P></TD></TR>

<TR>

   <TD width="70%"></TD>

   <TD width="14%"></TD>

   <TD width="2%"></TD>

   <TD width="14%"></TD></TR></TABLE></DIV>

<DIV align=left>&nbsp;</DIV>

<DIV align=left>

<P></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Contact:</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt">&nbsp;</P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Company Contact</FONT></I><I><FONT style="FONT-SIZE: 11pt" lang=PT-BR face="ms gothic">&#65306;&nbsp;</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Asia Pacific Wire &amp; Cable Corporation Limited</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Mr. Frank Tseng, CFO</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Phone: +886-2-2712-2558 ext. 66</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Email: frank.tseng@apwcc.com</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Web:&nbsp;&nbsp; http://www.apwcc.com </FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><EM></EM>&nbsp;</P>

<P></P>

<P></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Investor Relations Contact</FONT></I><I><FONT style="FONT-SIZE: 11pt" lang=PT-BR face="ms gothic">&#65306;&nbsp;</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">MZ Group</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Mr. Scott Powell, Senior Vice President</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Phone: +1-212-301-7130</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Email: scott.powell@hcinternational.net</FONT></I></P>

<P style="MARGIN: 0cm 0cm 0pt"><I><FONT style="FONT-SIZE: 11pt" lang=EN-US face="times new roman">Web:&nbsp;&nbsp; http://www.mz-ir.com </FONT></I></P>

<P></P>

<P></P>

<P style="MARGIN: -5pt 0cm 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=#1f497d face=Calibri,sans-serif></FONT>&nbsp;</P>

<P></P></DIV>

<DIV align=left>&nbsp;</DIV></DIV>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

</BODY>

</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>fp01a.gif
<TEXT>
begin 644 fp01a.gif
M1TE&.#EA7@%!`/<```$!`0("`@,#`PX.#A$1$145%2(B(F9F9FEI:9F9F9Z>
MGJ&AH:*BHJ>GIZFIJ:ZNKK*RLK>WM[Z^OL#`P,/#P\;&QL?'Q\K*RLS,S,_/
MS^3DY.CHZ.KJZNSL[.[N[O#P\/;V]O?W]_W]_?[^_O___P``````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````7@%!```(_P!)A!A(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:K0X@@0)$``&B!Q)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFSASS@R@P2,(`AZ""AU*M*C1HTB3*EW*M*G3IU"C2IU*M:K5JUBE&NCY$6C6
MKV##BAU+MJS9LVB#;O7I-:W;MW#CRIU+-^K:KG7SZMW+MZ_?HW=__AU,N+#A
MPU`#MT7,N+'CQW$50YY,N;)EK5P%7][,N3-ER9Y#BQ[-%S3ITZA3DS6MNK7K
MUTY9PYY->[;LVKASC[ZMN[?OSYD7_QY.'#'OXLB3YSW>F0,#N!(R^)V`P2^%
M"TH[+%!:P4)NYIPW(/^`FR""7P40_#)XH)3#`:4-''P/GEH\>?-]T:MGG]0]
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M*I2I0S&Z_ZFCH;$*EJMPP1J7K$'1*I2MJ>+JF:Y?\?J6KW`!ZX&P01';FJJ0
M(9N5LFXQ^Y:ST'H@K6K4/F8M5MBFI:U;W"I:*ZK3&MO9N%>5B]:Y::7[WX-X
MS7G?@?LM>.^*<NY(YXMV-HGGFGI>JNZP[(+K;G@#]UCPE@<?FG"I"T?;<&KA
M.@:O5?*>12]:]FZ(KV8"[SMBOR?^FV/`5T:\Y,1I5ESIQ;-F[.W&J'7<V,=5
MA6S6R&>57.3)PHGF''32]46===@EI1UWW@&<KW)89RV7SUIW[75L#W\M]MA/
M<4WVV6*;C?;:6:O-]MO%N0WWW+W)3??=8\*,]]Y=V\WWWZ?Y#8+XX)X)3OCA
MEAF.^.*/*<[XXX<Y#OGD?P460`&89Z[YYIQW[OGGH(<N^NBDEV[ZZ:BGKOKJ
MK+?N^NNI"\#5"!_4;OOMN.>N^^Z\]^[[[\`'+_SPQ!=O_/'()Z_\\LPC+X)'
CT$<O_?345V_]]=AGK_WVW'?O_??@AR_^^.27;_[Y'@4$`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>fp01b.gif
<TEXT>
begin 644 fp01b.gif
M1TE&.#EAC`$H`?<``````#4U-4U-35U=76%A86MK:W)R<GAX>(*"@H2$A(J*
MBH^/CY.3DY:6EIJ:FIR<G*2DI*BHJ*VMK;.SL[:VMKBXN+Z^OK^_O\+"PLC(
MR,G)R=#0T-+2TMC8V-S<W-_?W^7EY>?GY^[N[O___P``````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````C`$H`0`(_P!'"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFR\!Z-S)LZ?/GT"#"AU*M*C1HTB3*EW*M*G3IU"C]L2I$("(JUBS:MW*M:O7
MKV##BAU+MJS9LVC3JEW+MJU;K`"H)K3ZMJ[=NWCSZMW+M^_:N'(/TO5+N+#A
MPX@3*_X*.'#!P8LC2YY,N;+DQHX'0K;,N;/GSZ"]8LX\8G/HTZA3J]X[.K/I
MU;!CRY[-M;7CU[1SZ][-V79@W+R#"Q_.U[=<X,23*U]NUCA5Y,RC2Y_N'"?T
MZ=BS!Z]^\[KV[^!7<UVWZ3V\^?.]21,LC[Z]>\3C:[)_3[]^WO@TY]O?SU\M
M_IGZ]2?@@&#])U.`!":HH`@&QH3@@A#RUR!,#T9HX7L3YG3AAA=FZ%*%'(:H
MG8<M@2CBB=&1R)*)*+9(G(K(*['HXHR[P:B2C#3F*)N-*>&HXX^I\8B2CT`6
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MU6NOA(ON>RF^5?G+*<!S"?QOOP8G2C!"^B;LWL*".<PHQ`8U+/%Y%#]V,:(9
MK[=QH1V'^3&@(9LY,LD(GSQIRBICRG++G;X,LZ@RSWQJS3:SBG/.L>[,LZT^
M_[QKT$(#_TMTT<4>C;2R2B_];--.4PMUU-E.[94'`2QP50``!("`!P!H<!4!
M#U@@```(4$V=U5TM@+8(8$<P`0`1`,`!W&'3;0'=:J?(]E8<=$V`"'O?33<`
M'L@M``(&7*4!"'TS5[*?;R$0P`,!B/!`V)M/D#4!!BP00`21KUTFCH$OX+8(
M!N@D0`01!,!UWA,07GOIRDV.8^L[8?T`5IM;(+L(BPNO->[)Z>Z6!F&+$'C@
M8E_%..M::W`V`I`C_^+?VM_+???\GFZ7Z`%8<!4(`61/?O1:D6\^6V6C1?9;
M.]V^5OQGQ8YV]F49D#;0XGO+`@2@`00``'(/^)T(1&<!!`A@*_\#+.`!U_*\
MLX```.]KR]PFP+^T5-`LS+/`WC)(%@O<#8!@PM$%S0<"L:'/`R*X8.WFII45
MQE!L[B.>``)@``+LK76U,\#O$("`N>F$=!P@P-LF8(#6D<YL`#!`"P&@1*UY
M0(D$\``3G>@\)?YO*S1T7A0!L(`+BFUZ.82B%(W(MR22401;Y)M6F+>`Z+DQ
M;7&,@!E%P#BW-:^+5(1A&L\FQ0Y]SW$3Q$H$CL<\&,9NCHG4'`%%=T$#6DYT
M',"<",JW23TN((M7$<`#H,?`"8B-C)GD0-TT4#<11.`!(2REV$0)/:Y\\BJK
M;&4`)O"\!P@@DYE#Y2A!\$D8HJ]L89/_)5?TIS5:)K-\IMPD+^T&@KE![I@>
M,,`K?ZE)89XP0LIS2QA'N<D3AI$`7[S*.#FP2S@&@'F86T`/?^>YP'D`;&*;
M'^%XH@$"'`^7U^-CXQXP.%\J\8K_W-M.V)<5?TIOH(,+W?QFUS57!E0$^MQ;
M##'HT*Y8`(;!XV='KR)1!?KR*GN[YB9WDKD(7'1<AQ0!\R:P.0U,X(LS724D
M:1JVK%GO`2XE(MG0Q@%1[LT#;H,<W>[&/%5J#0#V:Z#F,B=*ZJ6TF_9KZB*Y
M0D?(535T4Q4`Y"['`02(,&V:9%`$F(I!S,G0*U[30`^U^E3[A35[_D.D!>K&
MSE&:5:IIA6D`_]WBMG82,"MN$P`)L5+8V@DO:WQ$``'J5C<O@L`#.^SA51(+
M.0,2T)Y8N2(`%+O'76)6``3X)>*RXEF&(E(G'"BM8S&(4JYA3[2*W>QH(><V
M`G``M!XE)`Q;"UR4TG9K]DNL^82W/]PN=D'AA(WGP'>DF!9&GM3U3'3=PKO!
MQ:Z=K-/)X+*"S[$IT"OZQ$I>Q8(_LYPMBE,$P'FY`M:O2%9SB',C>`''R:+R
M#026Q`H[GZNG[;)%AAK@P$Q7A^!O7J6"Y?6*#;-B0K%\L"P71*;YP&;7K>RW
M*UR;&U41H('5;04$9X.A``R@T4_NS84IYIAUYP9#N.'P@33F*N(4M_]`KFE-
MC5.LX@)U(K;`M4YK;ILG&Y$H9"._$9*_M9L88]L\-%)1RE?K6M<:%P`"<+`K
MK<L<C4%PMW9"-;R9D_%@V\([L5X%<V)K<P?=^<G0E94#HF/0`E*92ZM4<X)]
MWASI=DE,4![SQ7W>2MUT<KQ'2K.7OS0@6/:VS=^YT<U:\>7T>"??30+5;IIN
MG)I36!<3KA`$!O@E2JF\V.\2N9\$X*%%WS8]@K[Y@0+57*P/6,&,^AF#M1XO
M:PE0XC1/CWH3K=TMOV)KL%D`!.8+W&+W-H$5HP^/5IG;V:AM[5&K!T<:>&?=
MLEF^QX6;E:O-2O"&-SK?`9:JOZOO>K\J.@QW&B#-2Y5I6]-'[ZTL3JZXUB?F
MW$Q6R,*QQEK):TIG.C<'AW<G[*PC.N7:SP=P&LN$,O!:6KMHG0QWM*[--5A%
M=^\(.%>VR-VHV'8Y-R6*FK-#]BW*LW)!G1B@QL<=H3K'&.UT:Z6=+M7MA[/2
M2'=F#00@$#(B$9[_<>MZYHJJ/'-V[^-TSWSWGU._B\;;(G6]0/&+Z]4<@<&B
M2>9EI>N(C2)^=Q)#`Q9R@:(><MQ/MG4*8APOS(L`I5?]X+N/18FJ%/:%@:=8
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M`W\?HWUDX3G@Q5S84US59G"MM4]C9SW[DW*ZY6:/EWQC0SJ:I8(=IEY/9G^L
M%4BA1#HD]60!N&:5X0'.QQ9,*&PHEG5U@8*'<4&@=&!$B$MC)X5G085<."!>
M^(7]$89BN!]D6(;U<89HB"%5MX;2H89NB!YP&(?F,8=T"!YV>(<C(BA2T8=^
M^(>`&(B".(B$6(B&>(A$H3%ZF"`-,QH6LXB)T8B*"(GWHAJ.2(E@:(F3B(EF
MJ(D>PXD2XHDB`XKV(8F?2(II_RB*)H.*J1@DF\B*[6&*HPB+L:B*E$.+M>B*
MIXB+&&.+C\B+6N>+P"B'PCB,=5B,QHB'R)B,([*,S(@=LKB*SY@=N7(!$A`6
MESB-U(@8&="-W4@!!8"-KW@A%;@5%>89$["%:R%"*+(I&S``\!B/`[`!!3*.
M:Y%J`H!I?9%[>:%X7,%A_G9_AL%B_SA:>.%9[7@8'5``#-F0!>``];B+;6$!
MJ?:#>B&$>)%:`HDW/XB1B2$`%@DW<]86FH9K(A*-MRA`)DDX]H=:T6,])Z1-
MC)6/1@A0*U9C*"8[KQ-:J49L6(%B#O1V6?:!,I5:0'05V81:'ND_J/5-_81:
M"'=%-/_)6OFXD5H!DN:8CW/G/QJ9%2ZU.&%1@0.4D+HXBX2UDG-31&,90Y>C
M;]'C4A,0.^_C;$F40=5F`-PW-E\3.R<$-@C`3C79%=7V0==V4U)7D9OS3TW9
M1.=S.3<E;/*4.'%73V8SDE?Y@UJ4:EFQ0W(S.HXS.M5F@K:TDAR"DDJRECMW
M-SDF27PD;+&6CP:'/D+D6AZI;R>TDQP90Y8Y;)YCA$V5F^ACA!XIA$AG7/D8
M8U.U`'J$%7N#`"87%E@YFIOY/Q@Y<#M$FFV#G1WBC&V!FJ$'0ZL90IX92G@Y
M`7D)-P0UGJ&$=45'/`H$D&)QG%YC7#`$D.AS.\-Y?W,C-^;_F14WE8_\4V([
M)'R7F9V;>3P8.4#FF8YBX9VER9UK04P"@'`YMIH8U3K?9'M:5&-X!CDCA5%?
M@Y-MR3S1`Y]@$7T-B$V=,S8WMS>*>7_!Z0&\ITBS56-Q"3=#YV\F=T_MLY(8
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MQ]J15ND7T1FLMYH6+^ESWI*K9^&=9C-`/BE3JL8Z-3E`N&F3-W<^.X2E-9F4
MY1I#B]-M7P$V1/F41PDW/;F4#N1;6/&45P@WJ;6N?%25T/F#9K-B6<&5M?F5
MZ41V#9@MX&H6WIF6$["6Q^26`!67G(0W)N1#6'&7YXE.B1,`?4E4ZBF8JG5"
MA6E`MX.82+B8HG9,C\E8-Q<!DXFRE0D6V1I:3.2CH#F>X:8XHEE#;A.8W__:
MK*>)EE*VFB?5A*^Y0\<CF[!TE>R)9;AIG]O:FKV)2'=CG^.9G[IIG/F8;O&T
MG,;EG)BZF2$II]1Y/-:)I6!Q6NH(715;%A>[6N&)0>JY8@OZ3;0::X%9F^U9
M5;D9G[#Y/T<%G.!%MOY)-POJGPZDCP**LC[[MCZ*H,>CH.9YMZG6MN"4MV,A
MH13*MSX'.ABGH:[:H1B%=28KHK]#HDBYI5V!HM=T.;0J=:!#?C,+H^TVH[A4
MH^I$.E@3DL.ZHQ8HIYQ;6Q]UCHO:;INZM(?Q`1+@``YP`6*1C6^1I+>SI`C7
MI#3775%:L._DGUQS7N&6I;6+O%Z):[7D3J,E=6/_:G#=9Z:8ITALNJ8[-+!=
MD:1HQ[SK"3PZ<;Y9QA.BRXB(L9#RF``A$)%F>6":2EY_&EJ!ZJ;W5*@6>%ES
MEL`_R3],9Z@A3*B3.JKG$ZH_.;V6&A9\JL*=FCV?FL%AH:G3NYV'<0`#X``4
M(`$),``0`,&FJJK+X8X#\`%9<0$#`,3.*L3)<Q@9()`#T`%\(I'DZ*;0RQFR
M6A<+VI\G>1@;$(Y9$0))/,41?(_'V;5OX:MW`:R):KO26AC&VL9%NJ?RZ:TV
M7!ABO`#T*`(;D``'H,1$0I$_RQ=OW!;4VL;6NAB#;,']*$<4>Q@4((_PN,>B
M88]K(:XM6:XP25+I.I6*_Z25./FNZRJO[`.4]CJ4*ZFO4B>O_MJ4`9M:`RNE
M@5FYUSJL"JN5#2M9#YN/$=L5=7.THXL8%U``\%@`&2".5,P6>ZN6N+:QM&M1
M'CN7AB>RZ@2XWV2R?%F[?[FR\=>RC5E$,$M2()F8P^I;C,F6#W"SFY6S.\L!
M/?L5BYR90MN9O@F:B/L5J6:EI)H8'R#%VVO):K&WJHFV#R2U6$JUC3F;6$MT
M6FN$7`L6DO6UMNFXPEFFC+HWQXFV6:.V^\2V"6N@PQJW;W;0="L6C[?/1WR-
M9&&-8[$!+OW2&^#/E9S,E^RTX)ENXEF3@&N>@IN>A9NU-8:XP@K/BTN?CHN?
M9?\:N?QI5_]IN0.$N?"LN0<ZP`L$DI]+%HL<S-[XC6#L%5N=`>`H%N\HR0/0
MU5W!O6YANB.+N@BGNAGZ2QOZ8&7TN@T5HHTYNW\TU+<K9;&3NP^PN[?3NRXZ
MK,!K<L+K2L0+1\:;HU>IO#TZU?=+..4CI%\!`CM:4UT\UI),R5NAV?+(V5VQ
MD`Q9U@T)R,E:/SMWT^&K=C])ODAIOE2:O@'+IO%JN\L$OW\$IO1[-F1*V/B+
MIOL[V_V;P``<IYM+U6MGP(OZ7MR\G:+MD`_I%<_MD!!)%M?+QV9=&P"-%BU,
MP8T*J,&*P2B<PI2:J*4+PHX*-Y!:PI;)P9?ZWBQ,PS7_],*<.JAH#*KW+2^+
M<=U?;-I,+#F+L0'''`(4X-__G3ND>^"PP:HBXJH4!JN1D<5V<<4H'1IHS69G
M3!AJ;!=L3%YN7,M\$<<>/L=J<;QDB1H7SA:"[+[)"N)I<<@>GLB*D=4BB1?+
MQJPHOMUH@<GD^I+G*I.;Y<GL&LHZ&:\]6<KU*I1=@:^I;)2KW*__Q)0`ZSBP
M')4%.\L(F[E9R;#JI<M8![$LS-AW?!HIKLQ.R\QWS;'0+)>U&[)V:<U8@<U0
M[9>`"1:#B64O>YCC/+/F7+..V821J;,CR[.\ZH"8&;2;.;3U;+1@$3N8=;<*
MS+1W(=#?>6NM&><D7;4\=+60_PVV1=B^96M?7D:T4B:V%>W;%SU:9UMC:<L_
MS?F<6HZGH232876=E4U6CESAH%'F-1VYJJU7?UN>YSFX*VNXZ2;4MNV`1;U/
M]7EF]XG<Q+J?DSNRE1N@3PWAQ"/5OAW9GBOAQPJG72SI=:'6J5WI++JZ<-VZ
M<_VAL9OFSZS77(&[Z`S8+.J[2?V3P9M!<L/LQ8NC+/XZ$XQ8QQW904KA8!27
M\N7!F2CNW8O:E6ZAXMO:4/K:L!G;5KJ^Z@GOBH;;7\HU8?I@O&V_TEJEP*VF
MPMVF/@ON,PG9'EFGRGVOR8ZK#)_6`?_=Z@W>B2K>&ES>WLW"Z$W>(QRI'\P5
M[NVH&Q%<PT0OWS1'WZ&.E.-=MR=.YO\ZKN"SP>!4OZH)SA\.SIS8KAC>WA8<
ML*"0KM\SC^$`JN$LGA8=KJ4RGA@BKJ4DON,'S7EC;N%37Q8K'JTN+C]OK->%
MC*TA^?3=N??MDO5AP>,NZ3@_WLD&^Y7M2J]%SI.)[ZY!V;5,3G1.?CNL'.7_
MZI15'EI73I5_;\M;OI5>_KY@Z;,\I+34*_4T'=!GGK'-/*)_!)=L#K)U.;)P
MKI<GF[+;S/I:<><NZS6&&;-[KIA]?M?J#'>2.>CN7.C^=NB:.:R*_IF,_A6+
M)#J];*1EWYU..]"L7M"NF>D)S>G;[NG$X]#.WK413>IAZ^QC:]'9@]&K/M*V
MRIQH`^M1#=+_LT[5`/$@@``!`T4<1)@P880`(!0^A!A1XD2*%2U>Q(@00$:.
M'24"&!$RY$:/$A<(2#@!@`<1*EF*T`#`0H`("`48F)"3`T(/#PC03"A@0<*8
M+P4\..@!P(2+!`LB.&AAI0BE3$$$8"I"J,VA*0%$R)GUX`0$!!T>U'`RP,Z)
M`L0J/!FTZU81)\-:N,CP;$F^??W^%4$2\&"(($6.$`P8Q,F7+:>Z1$C```"V
M(AX(X.!APDL."QP2Z'J0``(/+Z\BC:DAZ5*+'"B+T"OB=$_6(B1[D!J:+L*K
M$3QHP'L0K`BI+R?4]("5H@#?I>&BY'J0[DP+N"M'!*%9`%3"W;U[_T_\?;!A
MD>']"@"0/BMDR,(!&$@(8C(``B\]$"`80#7""0$`($5K(*!6>TNB"*!S;;_^
M`$`O*P[0"R``W4+CS[\!81.0.Y@$K&^Y]-1+**[HM`KM@?3T\U!"\59DT2/S
M6BR)O)&ZR\XYGFY,R(.]>&J,QQT/RDZA['[L<2(0]NHQR"1U/)*W'X'444@;
M>9O2R-*JE&W')K/,,4J*AH0Q3#$C>G%,C&1$S$PUUV2S33??;+%,.!]"4\XY
M[\0S3SWW[,O./.MTTX+K^"IRL,WX1#11117R$T]`O8L`ON4H](@#`N@KM*^J
M%N6T4T<]?;0[$=NBM*/1)C"`@.XV];155__-;/3.4`D;%2;\#&A,`/P$V$\$
M`Q#`KU0A`T"*@^!@<FH_$'2]B3GA4MVN,59Y,H"@7E_%-MN.8IUSUL%&3<ZW
MLLXB:((%&I*.IOYJFBB"]ZXUX(&>H%/J0`0./&B!_U#5<-J#?IU`H">U);A@
M1D$]+$WO1L57A`2E&ZJ][2"N2(/)V*7J@06J)5"H":`3L;^S_+W*J=H,1CEE
M;N'TMJ_.%H,.-GIEHECBN81-Z:#+@-PNX)D_7N#C?*%KSU^E'@@KTY27_FL`
MIY^&.FJIIZ;Z:80/6[DBJ30H"Z&8\(J-1,>,NGFBHSWHFBJ:.58;:*'KD@EM
M58$DML?1/."@0*;_]_9K@)`JP.`PP`4/7*3!#2]\A,-#&N#J\KI#`(`+,2RH
MUZULIKA="WM%8""".@X:Y`@9O(ZADQ],3T.^5^?+[Q$PJ.`PV&6/7:39;:_]
M]=Q':+S3EOWR,K[@N:3*22`'EI)(EI#D\JR3P)122J59I]XBUQ=7//'L">?^
M;^U[Y_3WZB&J=7SSOQL`]@8:@%U]]@&O8/WVXW_??0P&H']^\!<5_WSC_0<@
M8?"'`04T`'X$-&#["GC`!2K0@.EK(.#VIZC^E40S/4I+T%(2E@(9*X#Q^2"G
M7'>[D)!0=[1#80EW-\%$5;`C&O"/6)0R&A7)QBG^L1O.'G*@8RVK*P8(ZPX"
M`&0`=A$Q*@)PR+(<8@$D"L<I390903"V+*=@+")H&TBOJE7%(Q*$0EN\"4(.
MY)2S@-%9(:S(];2'/3:N,7'88R&B7)B1TYP,)DY4B+NLV)_I*218/)$<2]PR
ME@!HII"9@XQ26-*>C84%(79QUW[JI1.*7,9<Z"+.QW#"%I5$@"$8.TI.CM7(
MG"#$`IJ<P*#0")$1[LZ$KW1E[DP81S[-$2,@\(T=$9*JA?Q'(0;0H4*.%C.E
MJ&B0_P)6:(!)2(<H<FSY*I6(CNE,BQ@`/II1R&Z>B0#=Z&T!.-/F*B6BQNYY
MKYS;,Z=(:+G_)UMFQ%]4,0"*=HD>`,$$`!:S8D0^YAJV*.5<'CBF/0^9+R(2
M<6;?G,Q+%@":!6#,+OJ2)`"^N0!5*@2&!-";-COY29L`4X/Y8F@^PRE.5MH/
M?O([:?WRE]+[K11VZ]13.S'B+QCB"B)2"8XU`>H9B@!K700"34#%]DA=!2!M
M_MS85.H2TD<*2(82_69%A7DNU0UU+`SR94>_*9:%?E.DP22I"`88000R,(&`
M(^L"(7C6^ZDI!!=(R`?@2A&97F1:5ZEJ-K."G@^!]8;<J4I_A*K1@GAQ-8M4
MZC<?\KP+45-K+"F.7+SB`6L&Q9O@!"M)6YE"%7+VA)U5IYHV,``(_R"$`@/(
M`%T3EC6+3$LJF?$2+DMCHOV<4I-2/0@_,=1,UESJ+=ITS7:^<MAGUF4!5R(J
MANQ#F=(@KZ,><%>/-+J2K]FD.8WY)G(E&]9QIM.[Z/SNXN`H6J<Y(`0'V0!8
MZ]K:DZGD0]!9UHGR:=6(-.QAFU+);RF$5W=EQ9F,_%!MXN+#U;R7(C"4W%<G
M*P)@V23`"@VP?KG;W<^"UL(5KO`LR>N`!11``AF`@'I7^YTB76EXS87(EB2B
M8FGAZ'_&ZU&+H:1=XK'X2LZETI-4G!07UVA*/B[2CB><$'(B[IQM-')HS31:
M!]3E:110+=:&/&4J'R1]+L4R2DUJ/_QIN?\",/W.!Q(@@8-(8`%0CO+CJKSF
ML(Z5K6E]<YR_7-;V@=E1(W85CL>D9^]H0&\<L<"Q*')![FX6=YZ%Y:&5'#X\
M$Z9:>V%B390H&XQ2A5>#_HE-G4B0X%#1*4$<XGPOTKD._8L`#O%D22*=Q_04
MZ=$6B5S,>"8IK\6PT.%UXY'?^#W'S8@P)1.+2E1%S84NM2+6_%@].6`BW_#'
M74@S3B'YZ!&[-%@ZK%&L1RXCZYGH*TD#^;-"+I,V4Z*G,74,=P`-?>%$*QK#
M=I95HP'S,6[R1W*;46IR!)+NU>!EQ^T!9(%^!1J/]$9MP2F(JK+=D:,HU6%^
M=GA+MI/9S91O`67_$8ML=8G&(N-:UTEF7*\5]JU[Q4PE"W6LN^8V$8`O.$>Z
MC,E`.:(4MIQQ.UA9N#LI<T9[]^CB#:M(^9B#@*J^D^-;SK)*O2R_+JL4WMV2
M]U^$XBY.WI,F#C?Z0UK><V%N?*1V5:K-O\E0CS!D`J-12,NG_IJ@R]HU$2A?
MUC_H9K/6W8%U7^L!G\ZRJ+N,005AETM.@O6-/^1A6H]XVQ[R=2P]Y"I640Z)
MDO/UBG3.*6EW>'`!;Y%:,80@;"?0K3'<;G;+<H4B9VV[H(,`2;DD.83G=V1(
M8T0@47U'1A^INQ+_$)T*C&+ZRBQ$G'7XJS:F8:SGO*R)+ATKREW='@<Y_WC!
M.U[?]9TOOQ(.NB#C[8!;!,%K>61?7YY12KU>U,*\E#S%EIS@6Y3M/"^NK[@3
MMHF,RN`,IK7BVUQZ1,?2W;Q#O5]C'AXC0!>K".B9L>$I'L?[$7TY/X@8GBT1
M,KMZL0(DG@7\DMNK0`S4+.CSP.GCM>J3LK"*B0=D,W5#NJ53NA5L*2_;NS=9
M+];IHQ,$(+J[NQM$*SG+NSH+0!KTP1KDO_\C/0T3037[P2.LGHZ3/B0#.>IC
MM!%$PBCDFW4;/?]S-R)\0B.4PBU$&25D0@]T0OZQ/BXD0U>Y,A6<'S1DJ:;3
MGQXLPS=\%1O,0;N;P[O;00ER0SC40Q$*PC[,L#33*T)?V\-!3!3780`&.(Q#
M3$1$%`E%;$1&'`%'#+E`'#E"M,0\J9I,U,2JR<-+]$3_23TV_XG!3R3%;`G%
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MRJR\1X_$1W8LRJC$RJ7,0D%T2:I4R`GB2?!1RWILR[1TR[B$2[F<R[.\2I1$
MR[J<RJ-DR[O$2[U\R[T<RKS42\$TS)LLC)H$S,)<R\&DR\,DS+]D3+Y\S)2,
MS,N\R\:T2[J,3,D\3,^TS*C$S*=,3*;T2\+4S,T,S<E<S-;\S-0$S=6$S,<,
MS-CL2\HLR,X<3=?\3-#L3#)1S-E\3=R43=NDS>-D3=4T3N043N5,S=KT3-UD
MSN;LS=U$3#H)3M],3MFL3=BT3NM<SN&<3O"43N6,SLHD3_04S?$$R.Q$3>+D
MSLR$S^^<SO"2M$_MY,WN)$[HU,?RI$[\+$P`C4W@-,UC--`_0;T`4]`%9=`&
M==`'A=`(E=`)I=`*M=`+Q=`,U=`-Y=`.]=`/!=$+39@1)=$2-=$31=$45=$5
M9=$6==$7A=$8E=$9I=$:M=$;Q=$<U=$=Y=$>]=$?!=(@%=(A)=(B-=(C1=(D
65=(E9=(F==(GA=(HE=(II=(J#0@`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>fp01c.gif
<TEXT>
begin 644 fp01c.gif
M1TE&.#EA50"=`?<``````%U=7>[N[O___P``````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````50"=`0`(_P`'"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L2*`CR!#BAQ)LJ3)DRA3AAP(0(#+ES!CRIQ)LZ;-
MFSA=`F"9LZ?/GT!C[A38,JC1HT@%#!U0-*G3IS67-H5*E:K4JEBA7LW*]>C6
MKF!]?@U+UN;8LFB%\DS+%N;9MFC?PB4K=R[8NG:YXLV+=2]?JVO_AO4KV"GA
MPD@/(S:J>#'0QH[%!HX,F"CEOI,O&\ZL.3'GSHP_@WXL>K1DRZ8]HTX=>C7.
M`+!CRYY-N[;MK)!9NRVMVRSOWC1S`Q?>F[ANXZR1IU9NFOEHYZ"A=Y:NF?IE
MZY2Q1];NF/MB[XC!%]L6+YC\7_-\T>=5;Y?]7/=PX;>5SY9^6OMQ?P.7B;]L
M?[KZ[;>;:P+>]-]@`1:H5((%'G@7@P(ZV)6$>D&X'X6X63B<AL5Q>)R'R8&X
MG(C-D?B<B=&A.)V*U3%HVXLPOI@A@0H&Q^)U-V:7XW8[=M?C=S^&%^1X0Y97
MY'E'II?D>DNVU^1[3\87Y7Q3UE?E?5?F1V.-_&7IGY<`;LGE@$R-Z9N89BZ(
MIID88K;FF&U6%6=E9:8YTYQ:@8G@FUSB^92?F_%9(Z!)$:I:G7:J):B"AGJE
MYX.+-OCHA)/_5AAIA)7.B&BB+S7:VJ:<J@DJIYX&52IIEUZ8J9NC)GKJ3Z^>
MUJJ=L?94:TZWXI2K@:O*V2N=4X6ZZYFSICEL5"[&J*RRF@9+ZJ]YIKJAM!U2
M^Z&U(6([HK8E<GNBMRF"NZ*X+9*+H[DZHLNCNCZR"Z2[0L)+I+Q&THNDO4KB
MRZ2^3O(+I;]2`DREP%82C*7!6A;+)K1_,ARHPG`Z7*C$ASKK*L6.(OREQF%"
MW"?&GUI,*\BFDHRJQX.:#*O*LHIL+,NVPHRKS+K2S"O'>Z+,J,W$NKPPSI#J
M+"G0E!)MJ="8&MULJ&3Z'+'2K#K],=2^1KKLU3)&S72G/"-+-;!;;NO4M8U?
M1XNTJF4WG/;#4J>\]L1O5QRVJ&WO''?&9T^;=[5"8^WW;$N'?2S9>U];>+:'
M;YMXMXM_VWBXCX\;>;F3GUMYNI>OFWF[F[_;>;Q]_RUZX%L/?N?8I]\=\MRF
M=ZEZR:^?7/?0G\];>[VW_]^;>[Z[[]M[O[__&WS`PP]<?,'''YQ\PK,GO?S&
MSW?</-K1YSR]WM?SG;WAVR/>O>+?,QZ^X^-#7K[DYU.>ON7K8]Z^YN]S'K_G
M\X->O^WWXYZ_[OOSWK_O_P->`(4W0.(5T'@'1%X"E;=`YK$.=:ZK7M`:"#T*
M2N^!L5M9!EN&00D6S8-'LZ#U.BC""9+PA(*#H*)`2#JFM6Z%)?Q@#$.(PM*I
ML&DU=.$-N;;!F/5P9C^L61!OQD*MI7"(/<NAL'8H-B1ZK8A5@R+8CBA%L\VP
MA4MT(N&N:$0;:C%U551;&-FFQ&=],8)<C&(:I^C%,<+-C7*CXAJM6,:+G1&&
M=3@<V1UQ*,<\OFR//(0CWN8H1D*2L8^(;*,AW[C(."K2CS\3Y.H2J4-`-E&2
/)5.))C?)R4Z:9``!`0`[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>fp01d.gif
<TEXT>
begin 644 fp01d.gif
M1TE&.#EAB@&Z`/<``%U=76MK:WAX>(2$A(^/CYJ:FJ2DI*VMK;:VMK^_O\C(
MR-#0T-C8V-_?W^?GY^[N[@``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````B@&Z```(K0`?"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3*EW*M*G3IU"C2IU*M:K5JUBS:MW*M:O7
MKV##BAU+MJS9LVC3JEW+MJW;MW#CRIU+MZ[=NWCSZMW+MZ_?OX`#"QY,N+#A
MPX@3*U[,N+'CQY`C2YY,N;+ERY@S_VO>S+FSY\^@0XL>3;JTZ=.H4ZM>S;JU
MZ]>P8W-L`````H&T`1`D4+O!P`6U`2P0&*#V@`>Y@]<^(/LU@^`.'CS7C3LX
M<X$)K",/?GQZ@._?;S=O/1U``>FU!R(('F!@=N,/W@/H7IO!>-GEA4\?*,!\
M[>'Q*>=``=RA!X`"#"1HWWVL3<>;`/L9R`!O!F`'0`#])=!??_0I5Q^#JTV7
M&V_4'7`A`R92EUT`!O@'0(L="C#`C`/X!F)J^Z68W@/%>:A`@`'()X")'2YX
M8X,[]I<><!=^5QL!0#H0G`'K%7DD>3LRJ1N!`KA7FP,K\EB;`E4:*".-UUU9
M6H0/$*A;;3WB/2"E;6&ZZ4"9^05WGIJF,6"CG'Y*9R1N#$07J`.'!BJH@@E&
MQ^>CD$8JZ:245FKII9AFJNFFG';JZ:>@_X8J:H@+.%H0`PO\J1>JIE;$*D*H
MJMI1K([UZ&&JO0G$9'4>`I"F>[;NB9VM`QBI)8`]'I=<;4'NEBNOXN4FT),#
MM0C`G[E%NZ-`)*IZ+''P+:O=;SMFRRNP>E:40+`%K<O=@M^*.=\#\29+D+O&
M+6CN=M3])8"3S`:PP'0+OB>0=^`%$*=`ZUVHY)Y",ENP=LEU"+!PO/HZ4'F&
M[JC`?_S^RK&!`R7WJWS,56Q@P@K?N^/($3:,86W"0B3SPU[6IF0`]J',[[P^
MJVRASA(;"$#'_0967)P$#WWPAPC->=W'`!1*LT`.<#@TT`4VG;5Y#+.W<;IL
M/OB`V025=QZ;#?]?Z#)\\EF)D,%&KYV>U`)1/6A#>#^@MYQ7RZEUW`'"72#A
M@(,M^+QJDSS8TF,?F&"*3TNN8+O;QC?<>Z92'9U\1[O).-2\[=F?FP#F-_"V
M<Z)^JG*K]WLZR%N'WO68C&).G>K[T8T=@!#YKOG0G7\)^H"'"RCZ<847?S3O
MF0,&>>6]4J_<H"9V:5#V!.6VN<,`:`B`UM,5<`")"4A(8>4/LOE`VQ6^#D#[
M+]>WOH4SBT]^KU6_S?[X.1H?1KAW$`+R:@$KRM"&N):_!3+/@/R*'?V2)CW;
M1.Y,2JK<F6:D*@@.!(+>`U*+W`0CHP4'2@\P$<\H9Z`116\`%VI5Y5S_6*(3
ML5"$+BKA=#98(_^U\$GI\>!"4'2``P!/B`(!X7]6-,+:E)").9Q7"@58LO^(
M"(@4_,OT).0T+L[M2_PI0`,X-Q#/`4E(1#+0`1"0`"/9*C@_"F!P"I)&@\AQ
M1V\<$_[0.+K^?7%W051.\\(H*X*T+4UD%(@`Q#C(O!GO0GP\SHHB2;PR?NF.
M6?3+%IM6N,KMC2!SBE^*&I";^#D`ALQ;T9Q>A">HD:M)/8)2A)1$P3K*3Y%S
M9!)XJ!6E*;72CP>AVRSG&,HD/NL@1#3B0(HYQ6OQRY2H[*43RZ1*7TJQE%B+
MYC"CIT4+>K*+.Z31`'Y5..7L*44!($"/`!2F_QZ1J8][XU+.$)6E.1+$EFFK
M9WKD6<EVCNF7/#Q9_:BCI=H%3EH-`5W@FIG.=0))7N^4I-O<629C7DB=((M0
M01_G32\*DW\URYNM?J6C"P&O3E_ZY=[@M$PXL<E-=)3B+04"4Y9BC:4H/=HO
M/52SC_8+IB(=E^,:HH"1QI0]['2;G:BIU)3*M)G,2MVV@"J8!A0J;8-2U*(8
M)<.2?5)."`3>QGR#*+(J*D%VW)M5#?6GLA;$K<AL:Z#0VKVK2L>L>#T8HQIU
MJC]I%:Y>M6,A%V+5J(6UKX#*ZUT3RUA0'C9M<AWLJ"9+V<I:]K*8S>Q(7H7,
M5/6%LQ<!;6@]>RK23O\FC__)C8UV]3/ED#,^[+H7L>`5'&2%RT/-&DBWNF=3
M:?'R`=92U;X0RJUCUNNVO2+GKH:;.7PICB+.W9-J$;);@BR`6*O%+G6/29A_
MV>H[L9L8(&$9GH+<;*$1.U$Y4W:[)M4V8R*##LFH-IS<D!-FVS)9SC2F,H2!
M9V&=Q&^_SOO<B!#8;L#D[7)`F2R=R:G!5"R(?A.S2:CY]*LWU9C?/M0ZK`TN
M>?#QVNG"QJQ\7BU"9D.;B<'&-K%M3:(A=F4PT].X"/7M;Q&Y<7TX:5X75Y))
M8P0CD`W2MO90N*/301"*!JIDNN;L7DD]FB6/=KSE>;%TN'2=]6*782VO6#__
MVYH=QLIINQA;SLE/AIZ*FBO6AP@O`</A,4'$##P')<`!"XCSD^Z<YX/0^<A,
MX]]X/82]",=4>P=,8/@<:"#SH4]]+XK<!-4S)60"$4(#G5"D@:3`\?61T+HS
MT*2GB&B+(%'.GKP?3953K%6_RX[VV_1A*CR^&6703.+LH*'O:6CO09&$GSZA
M,5>XK2O.+W,P#$!7?WCL&A)[S2R*8HQR'6ICD\B8I69(,L5Z:AD/>\D43``,
M@V,C<2M'5BH$-Z`C)]YO_M%4B_1-(C=,94@&9TA]7&,;!X+:'Y&LI+QF'JQU
M`W!Y*>='D[QW&E%=[4#:<][Q3L@AWP9O,3*\WWE#_\!P'%!47Y%IXQTG)\9G
MC60+9SHAS!SE,[/)P%52"9X%T27`4+C-I.'3Q+A<4L!B*4U6PCPA!JMYAD7)
MW5,549DMW?0H42USG@,WPOTY0(L0'77K[ORWA:%UNW&-)MV9\X/,PBC&_'D@
ME1:$GX/4J#V-*?"9%A3MG"-[1+D^(W(&79_]4JCBB,L0O2.8APV`.QB](W8$
MA=V=!!&\E`VC=7""U"`=7S"OD8J_-CE5;@.Q:>)N\]+,W3QR`ZEI1^?$QJ;J
M--CI\E_GDQ9Y#0^5J$8U87"F$R?2.U(YXJ%:<`"L>=L;9JU8A>S&]FI7@Q3V
M('B&,V+="E<TZU7"=OVK5BP;&]=ESE6M5TV48HE?_+$>+++&_^3T'7+\X>]5
M4-`W5?)+Y5@X=]7YP->L_/_G3__ZVS\DHDV;:5?%_M$N>R*T8D?[%QFH)1S3
M12_EPC^O%5WM,ENZ\E[RHBRXE3ZZ=4S,11V_%5Q5Y$U\=S;&!8'V(BZ2]TK\
MHBU)PX#0%5O\(EG5I2O:Y8+<(2LB2`#_UQ?>Q1X"PTD^Q3(`=F#[M3,]0S'M
M=3$`,F%&@S2W5U\C>(2O9X1!,X0)`V!W-WC;XH,2884,]S-IX@`0ICU<:!P.
M9F*[-#^(T7B=Y$7()WE_TV&+`V-<8V;V\35[4F21PV+;DF*[5F.90X<O5DZ8
M-V.ZH8?4H6,)QC=J^"%9R(>#-&1D-&3LUD6,5W*6PT))ECL^]#N5='M@HCSM
MM2#_6/8`?V9"7-9EM%.'8)8TH5AE[=5DGS2%5K0C;]9F"<5F[E80H6AG>"95
M\\-G;5:)##!U92B)U2-[,H9$I*9@"`0^^M-'CE8;Z4,P]^,@`+2'E28_HP9I
M\:-HR]@AH*9ZEQ8AQ@@1QLAPT"AKHC,?1G*.K?9ELQ>,@59K`W!KX40CNI9M
M8%=JOG8A3?0BJ$>&4_1L,X1%!9%L[]<;`OEM+/1K3M1'@-=PUW*0X6A'1\=M
MN_:(,060[C%NQV1NY":&`--VA&&&%P9T8*1(C#1OGI-P.K-PR\%&;M0K<>1P
MT?-Y_R9(X.(C9Z1P/_='-?EP)0F*C'00$S=/A(2&_`:3_WZC<7(2<DD)<L41
M7W[4`,7A;UDGB5N7A4-G4;Z!37(23=4T33OY@+!$+4(7<)9&';0DEF,()5_I
M<W]H$%.8<X/H1%H)*Q,)2G393+[!=%='AL"(2\SQEZ#H>EXT)Q18E>]XE3HC
M3G;7*\*"3F+W/>U!46%I>8C&.6HWDT\%>@BX(XJWB9/Y3PS)F`XIEGGGF/SB
M9JA)=S7RF82'>*^I1Q<T(\PB6=V4F(ZWF@31>N144@)3>4M5F;WG4E.EF2!9
M.:&W(\-))Z9W)_U88`%6G*P7>^[#$+QIBK.WG+>A>YK'G1UE/5&%&/'W?-ZG
M5WOU?^7W5H_E?<QW5N*'?6QE??^R`EB(A37NF7Z+U9XVPGWOMY_@!WWU"1'I
M:9ZY`W]VM7XRA*#(Q"BV>7\.^J`0&J'TEW\;,X!X0:$2@:$`:*'2P:'Z5X.:
MQ#^XXDR=F3&N!9<J."ROUIEC%H(3Z"PD6H+G\@`9:(&]%3TM>%SS(H*$6:(7
M*%NI-Q$HN(+;%:/T\H)'&H/!E**"<8,!$UZYR8,]!C[/E5X\LUX_8S&V4H1"
M)6!)&#(KAH0;Z'I/:&92ZHU4.&#,@C-7N*:!DX5&^(7S$89R.F[V:(61B)MG
MB)6),S4<%CA?XX:"RD5R2&)N0ST(5H%=HF*(^GJ*2#B$PZ?1>6([0H@8AG*'
MV#^)Z&/_C9@KG6JDEDIR[ZADE(@[EW.)P]-(]+:)T&%EG/2)MP@[;-(ZI;AE
M[I.*G&AFK`B7-":KL$B+$1&+M3AG+J*+!,"+[(.LJ*I\HHJ=]I0GQ5B1V(:,
MVLAHY7,^SHB-_X-I20,_`W>-Y9B-RFBM_+,W4SAJ$>D0X^AMVNIJ^9*<*WJ/
MM2*)&#10#2FO!=1K2Z2/TD:,*)1NI?J0S3:0,31P-`1V&*F0_#AM].B0!WN,
M#K%MO&:/PXJ0S:61,<J1W)6N'*6G(_EN18F2CQ0D.MDA^O:2.(E),76</;DM
M&*>2X\.2A5B:!0=Q04ED0J6J$7=Q2/EQ2_F43?FSA&FS#=H7\R)Y<E&3ERK'
ME:?4<M;TEDU'EDFR=FQWEG*IEC/7<R_WEJ4YF)6JM$6W,7>9=$3G3'PYEGX)
M=1HCF%5'MG69IQ;I4P'E=4$*F0XE=V:7>!&&F7BWLE;+HJMVF2,+40!%FFAJ
MFON5+AVH$'ZG0;GFFH>G1[%Y('2[4(@9MP/%4Y`7>V!'>0\5G&^IG:OGMP,'
MK],R>G"24\[)C5]WN*ZVF]3)30IQG>!9']I);[LW9;F[N3E;&..)?N6Y50J"
MGABV?LNG?>09?'45G_8YG^,7O,T'G_F)O,++5_4I?84TH,_+$`-:O?9AH(ZB
MH.W7?PC1O1)ZOO_HF[[JFRD:&H![H:$0`;\1X;[Z5[2*48`CNEH)F%PH&J0J
M^JXL:EL[^J(5&*,_2J/^^'0&?*,4E*,@B%P>HESI<<#_"YW!HX(':!`MF*3&
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ML2:N#83*Q%B(YSJ--42Q$;&N,QNN\`K`EA>OM;A%3OR.]3I>]SJM^8J/^QIM
MP,:ZO`2P`_6P`T&0!GN0_ZAN.!3-K"DK4_BP'"NV1421O,QPU'R"&/LG&FND
M/&;,'8NYXW6I1*NJ*6EO*YEO+GF4*2N3M;29R%EP!@='.9G/7'NX-?N3$2>4
M.5O//(N3/LMQ0!O13&F1<T*5QRS/%8N72I<K3.N5,?2T1MF9:^DX:6F6I>NU
M!-67;!G28'G0CGRUB5.VDB6Q;JN7(QVU:4MU_VNKME"Y(`T#HD;[Q"@,CW57
MN<]EMR"#MY4)N2MMG'^[49_)U`Q[U*Z[461V-8M+DIK[S4[=4)(;N90[FSWR
M6H)QM(/6NK#;N[Z95.T!NB,MNM))NC,US*=;>ZG;G#NEUDXSNF44NYF4$+1[
MR[27=-OI(7'BG0"6)P%@UE75?6BF5?Q9OL6[GM_'6-&;5OB)O6^UO8O5O,E+
M*/&IGP0ZO()UV:`-H,(7$=W+?<#K5>$;5@DJVPN:(/:[OKB=V[J]V[S=VU71
MOAY:%_(;L>0[6H-%OP0HH@?(6CRZ@$SJ7.NHHQ*H'+E57`O,@<J9P!H(+3-:
MP![\P`/,OU:G&Q0,6__^&ZP8'+;6[2U(^L$=+&$*6!@E#%XZ.%!G^L4ST\)$
MHUX[O#);.L/44\,@8U]AFL,CV-_^I<*._,-5R,)"W!!$/+-&G,1@2$5U&H:1
M<]^7ZVX?FX9G_*>*0\60VHF+,X<^YL5<G.(KEJA??*A5+,82ON`L'JH0H<9%
M_*AO[$R?JBJ2&L]U/#EW?*IYC(GV_$BM2N(>:#J)?,BL4\AC9HJCF&6THXJ,
M+.0+?HJ0F*K!0\E%;,G*BHM]9F*[ZH[.FKG7,[$(4<K)6,O[8Q[8NLK`+&JZ
M_,JR)FESGFJ;=LIMWHV.C*[2VLM_3HZS',SH2.CK6.:7>INS&8_V2FWXNCW_
M^FK*_.K-T/JO-E3-VBP0V"P_UIS.^+./.K28#8NFXOSGR#2VS#QPG^3I&7EN
MK=Z1B\Y!9,[A2`N(%2=O/WG/)&O0:K3/-WEP+?O/+*NROT[0,(MO,-W7_IR)
M0"E90\GL.\NN&$?1$ZV4$DV8/7[61-WA!I%R'IV732M1RB;29UO290EVPSZU
M^E32;;FU(]VU)^WM1IHVJ#[3=5GN6<NV/<W3/]T8:.VX7?<V:JW48S=1HOF6
M3HVX*.UV]C35!E]VHQGP,0VX!@4V6_U'K3N/'/35A;<R'1_KXS3K'F7FY^TW
MG&M1X?FYEQ?7J&L;?HWN?VO7"(S7S/G6*R_*(1673*_[U^-2G0LQV*)<V!EV
MV+BGNYI7NQ;\V*T2V7Y%?,1K6,S*GM3K?*\MVI]-?:E]VJD-OM.[?4ZO]9RM
MVL'[$*U-?%6/'`=*V^.[;)/_[=MN__9P'_>-`=RW_1;#3=Q"_1#(W:%U'XR]
MDK]B::*]:]Z62_B%'L`W.=WL,<(M>,`U>MTF6!`.3#LN*MZ!+Z.I6<$/[F:Q
ME<&27W3N/1_9!<(A[&,D?#'T;7+CI>'OX^`_^,)":*;_/>%,&"$V3.`X[#Y.
M&/LQ'(4^Y*6M'\04X8-PFK,7+D#';X\)SLM*L^VUWNV9&H>`^F&&`X<E;JAS
MC.)XV,5EW*V<"F*5^?O=WZ>WE^A)^^%5L\8NWL;7LN/R8_[:/JI`/EYC/N2I
M*K+U=N36G^12/F8`P0#`0``+!`)XD-#!P`(#%R2$>-#A08@/!`!H6#!A`H(`
M'&0$_S#@P4$%#$PRJ/B`(\*1'0T.5`D38H*'*6W>7%F19DL`*&U>S%B3)X$$
M#A8\/$C4J-"(`WW>A!I5ZE2J5:U>Q9KU9@``")IV))A08L>G#PX`$`#U;%J(
M#1QR#'`QP<6+(@\6.$!@8`*>#/0:$#M0KP"*$!$0!)PR*=K"??]N!!`7P%RT
M(7F"+9MS*&.8:[7>]&SS8-G`/1]#!!G29^H!I"\39/I9]FS:M6U7Y.JUM(`!
M`RZR/,B[]X`&%4/;//[`;4&X!C`.=&X7+``""<\&8'`6^,#E>EE"'!#9@6CN
M@F6:C9Q=9O/G`*+S%-Z[^$R9![MW1HLU^X$#3)-_=>TZ]?^^VR@\@N9+P$#N
M%!LH``<#B.TV"2>D4,+<`(1LNYZB6FF\A`0HH+@.(5)@(`?@6@FMLZ0#X``$
M$GB**[`4X`F]L(RSC#R$M#M/QHYH1)$@`5;LB\/Z\`MKQ`]#C.JP@0[0R42(
M0&Q@-)M\)(C&!Q1`X"$'%.#J`"Z]!+-%!C>L,$TUU]3JPM)\TLQ*J!9RS[H%
METO,@?!$@HM.]PYCD;0%&G10L!HMNA$B(G7\\,9!(RN4NI@"\-,`0(N$*DZ9
M?D.(SL2TF^^F_?JKR%,[`:C2J90>?=#0!YQC"]$#8)W2S(KD9#-777=]P$U,
M-45KN`&@C!*L`A1MD``9'X*KUX'_N+0,UX0:BK7#PAXE$#V1&'T`VVGSR_#$
MR)P%`%H6XQNVV-(2\C8F8Q-:[JH4"3HV.&$;H)8^CW@*0-EG#^I71BTQY+5@
M@RWLBF!@WTVIS"=3XC&RFIK-R(%+I7U@(-T>H!.!QC*".,<S49-)8X@ZIMC$
MBZ?#2-U#'P`Y(8=M?;FJF8D=BZ"#-NY89K!T*[&CC0D^N&BCL:K20['*8B#4
MDYY6.J4JYUQ@IUN+<Z!ICK4>R363I&9@/*ZW#E6AL14+->OYOJXHZ9&PUEKM
MI9\.&^V(TCY;.:_+MFKJ6^E&B>VVZE:HZ@6B-HJFJ/\^NG'''X<\<LDGI[QR
MRR_'/'/-_S?GO'///P<]=-%'IYR!PT5=@&_2,3=]\0D;<%VLV%>G_38L85MN
MOD?A99G8E!+P\=B9?&P-(FQKDE&DY0@*@"^(O`MU.=WBS5C2A)Q#M6V3E3OO
M`>@K.CZAY+F?SG=V89*>=P*!I[<V/2$4Z[?$<!1>^^Q?W;YV_:42(%)(7T(3
ML![DH*$EQ$F2:9F[*I.>#)EI>2SR7TV6YSN)B$TF07O(<LQW&0M^9X+%<B!!
M(#C``N:D@B\[X&_J]QGL.8\K_4N881BB(Y1@KX#[P^%68OBK(Z%I3@_;DE/H
M)#P'U*6!?!)AD8J80">-JS0M:\Q@O`>N6[6O,4T,``B1.)!`2?_%A%:4"9V(
M%3376`5;?`G:`PX3*TZM\$U.VF`.Y8B;'9+$)-HI34E.8A/-;(194O+9ON;U
MD23*22_"`XI#GEB0Q@Q1D6>:R'D2J9$&>@0D+-*CX/3U&@!F2"<1LHH#?,07
M(O41+0UQ(T^P-[\YMA(BOLK9C6+I0SO%"D>V7,X?)4,9(]XE+WMQ3)TV0YCN
M-9&57QE,849SFDG)A2[18AEIOD@=SK#D/[-I"`*XPI?W/`I!Z$EESF[H2CG"
M<B#"^<UN[A4R6R(+EXID3T;>$\OJH`<[>.3)?;(5'DJ)JCS4M&9Z\#DIY\@3
MFL$:#M^FJ<]:ZH<_I"*19;8)LX.6Y2S_X63>@LCI2G,&L(=EU)?2J*2D(`HR
M,BD:TD%=!*-73H=&%(E8R+;%J)B2ZT>0:9Z0B(2QW\$$IAT)UY28!)4FFN\B
M`3"0`!)0RNZ!4T<$:`!79KK1<M915>YZDU1,9:,&X$DA>\)II59&RVX12D;5
M*0RG9`J5M(:%59&J9Y\0,U:0>K*M883.J507D8<RY78M:E:SZ$=#=XV3JK3K
M*)QZB*XXSFN&-@K8(YLE,+JF)%_ANE:B[#35*K+$6Y=UUW@F^ZRQ,K:G",GL
M>1R;0.I1I4HF"9,#EE.`BVSPHH1]@(%F=]C1)=:3KVF?36Z&(^8))64>J6Q%
M\M>QCS5U4=RB82A"EFNRXUKLH`S;9',)--QU966B"AS`XFY[)I\DA;<X=%M$
MF.8TP.W6;RE)7(3B-M^U>8TT;AN;W$J5MZN=3&N:U)N'Z$NVN4%--&O#F^K>
M>S>M++@!5H,OX113EBKM];PD%\9PAC6\80YWV,,?!G&(13QB$I?8Q"=&<8I5
+O&(6M]C%&PX(`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>fp01e.gif
<TEXT>
begin 644 fp01e.gif
M1TE&.#EA>0'0`/<``%U=76MK:WAX>(2$A(^/CYJ:FJ2DI*VMK;:VMK^_O\C(
MR-#0T-C8V-_?W^?GY^[N[@``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````>0'0```(_P`?"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3*EW*M*G3G0"B2IU*M:K5JUBS:MW*M>O6
MIV##4@0@-B39LFC3'CRK=B/;MG"+.F#X-J[%NG;S]AP0H(%"O'HC`@Y,N&8"
M``+\(AQ<T$&"!8T?1X9,T#'E@98G:ZXLF?-E@9D];T[(N#!*!@OF&D2M>"3K
MF0(0MRY86N`"`'P'J+Z=>S?N`+IM_P[^@#=PW[V%)R\^'/EQY<^9+S=.?*UI
MEPD"2"U`,+O4`0P$-O^(BD!\U`?:JRX83Y5`:^]1P9L',-N@`0`+"M#?>!M`
M@/`&U>:`=@X@``!W`P)0X($/)+@@@@0:"*&"$C88(8,.5I@AAA=.^*"%%'(8
M(G>+7<>2@?[%QN`#AT6EXG\/,"#57#*2)4``Z?D7P`(UXIC>``*UB%A4,-8(
M($(#V%B;1`=(I4"`"RG@'XOG21D`E619B>4#6K;(Y91>=EDEF&->&2:96:+Y
MI9EE;EFBB2DY$-4!`DD)``-RKNA`;$#6R&"-!&E7GD!&UAE5`WF2N"=N,49U
M9$$'-!F`I)]E=%]4!M"V4),",'<GIYXR`&I_HB(6ZJB.HOJIJ:2J6FJGK;+_
MFJJLJ\+JZ)MPGN3E0)*UJ-J7"OJ)'Z`#"3I0H5@Z%M6O=CJ`;(!5T8F0`P-4
M:^VUV&([U0"MU79?GXY^V^B=XAI9;KB,FILNNN"2NZZ[[3)P+KSCROONHP0M
MF2M'H!K4[WP\1D4`8L0*9"RA1.;(W;\/L!?PG0CE!X`!`Q]07V5>9759;4T"
MV5\#'7L*,J,?AUPRR8>:G#+*]*G<,LLC>[RRS"_3?+%`^NZK$<,#,>QPC>P-
M_-;!XTXEK<]1/8SO0`T,K$"2J2GDP-145VUUU2@B]EEMA[%)5M=;@NVEV.>1
M_;6:9E/IM=IAH^WVVKCJ/)*O`PE00`-T&QKL>4U*_Q4H`(/6RX!V!`2Y[$#-
M/DM;M!SUMV*^"^6Y8*:2&TCYLI8WB/G$FH=XN>>=3QYZYI5S7OKGHI].FMPE
MY9GI`WTWP-[KU+XKD(I#`W[LK?V5-SMH2<:+T,`!#&SWDQHUD%[@D"]TV'+/
M1Q<]<=.K5KWAT#>'O?3:4YG]]]%9QSI)0FXG4-_%IP<9L8[_'3BR^BD(.Y$$
MJ#^N`->V)N4!AS&?4?P)B%M"\%8I`A;$@`1!(-,ZL\`",E`\#VQ8!!4(00=6
M"DKC(XD"<B2M\TUE1PAC2_S<MSN(@8A$?2,2980EE2,U20'WN:!%:H0\\670
MAC<420.6UJ`%1)`!K7'6;$IV^*L8/6J'0?1AI1C`Q"8^RED-XJ%%]!/`U>40
M@U?,HD824$,!9C%G6@SC1<"8*S**\8R"0:,9T<A&NF3LC7",HQSG2)4VVO&.
M>&;,HQ[WR,<^^O&/@`RD(`=)R$(:\I"(3*0B%\G(1CKRD9",I"0G2<E*6O*2
MF,RD)C?)R4YZ\I.@#*4H1TG*4IKRE*A,I2I7R<I6NO*5L(RE+&=)RUK:\I:X
MS*4N=\G+7OKRE\`,IC#_AZD2/!E$=@=!%$<<<#.'*/.`#7EF08QYP&82A)H)
MO)DTB3F2)I'(-C_2GU0Z>!!J@3!(/@I`IQJ6)-P4<2`&2">.%",D`JAF@^1)
M"`-4]+J>/:XXX4R(-PFR@(#J#0#D;!!?+I,='ZV3FP]!T3?S="-3-2P^4:GB
M02ZET4L1Z7:(T<XW"1*_J?BE1O4#0.'8HR*-%D0[%0V<1#'C(I@B9*:@J:E%
MV=-.EW(4GA_,R6M8,E2YX>Z;7OI8<0;`G8&-E*!2T6B2#(``!`3P-E=Z6C^1
MI+L'H,BK4P+581Y*$#N!=9U'Y=5YE%J0M!J.+$I=`%,?X-2!.$ZJ$ZNJ2V=2
M_]#O^(4]BND/082F&/9,Q3T791Q`_2HWQ.AGI,QT$^*TLU?0Y$BCF#H`99I$
M``,40(8$,1"00KB`@15.7(+U%Z-VY=A_1G97M+&;:_T"VSI1UK)1'4AF0?N2
M!.'&1?5Z*]/&&4(?Q6=<\BR/;]M)5C@%<*"-B<U(>8H0_2#@MIZ22GD\&I4N
M-D8[G\E:`.9BH/&BZ&*H/12+YO?4!DGW(,_])VC>.UQ&"<2ZV'5</@USN(\A
M"[;B#2&`[+3#6Q6$;FS5&70QDR0!%+$!!DA2>Z4$).QN4``*B)\#]!.`#$_I
MIO;%+0%B0[D<J;<@^A&>!Y]:.P<+5+XM?G"$&41A]/\`H(H7]K#\:(+2!#A@
M`>OK+A/[5K<#)2VXR:*A$T-(`!\#>7P+%DB#;]:?=\8&."[::YX2X+)F)HEY
MH&I6C$8\0M4"J;91?L"4%9+F-1NDRE=FKI8S:I.2XB8\+/1;O0:6J1XIK&A3
M`9"=Y<.Z*-\G,:$%#K#>:>(Y>752B?6AJ?+6F!,+)+T*`EFFQ@I?,EW)GR,]
MM#573!!1)QI(S6HT0A]-)X?=)`'M/%2-\#<`%7GP/T3.L[1FG3]>Q7H_<EMP
MGOUB)P/$9J7G:5@3M7.`N12[P2<\]GSLFFS$S0G:_2E`;`;%GOEH>]6@+J%)
M$TL085>%V)B2]@Z9R&QG8PK_VC51``(@XP!\'N"_R5:U`HPT.)4*V"#RIK>]
M"_VX%+90(%GCUK@,@EVPN@A`?95-"`=BH.8^P*,PNKA4^EDP(56'O?ZD"IZK
M#7(/BASAC/V;1K,F`"FZY-!%OK>!DYJP]!"@4+U#<JDM^H#8)!1.SOJ5LYQX
MQ`<VZ9CXHF"#(GATT``QF3],`+Z:7D&#!!TS1#_2T[$N]*PG,(+B23K89=*C
ME`)@WS,_CWX>VB+X+8O7UJ)3V=/C73T.[N<SA/1&[AY(.VD7R5[:;^=0!*`$
M%2#/*_*[X/W(VXHTGB*/Q^./'_,K)E[SI$G'D^69]O2L8W/R48.HZ$=/>I]@
MDVG:_WSG12)+D6V*)YJJCY'JD;F0TXLG]:4'290CKO"#XIW!YV11.M?9@'9^
M')[R[,M;57K/Y>F3GY#Z)^^MN7N#`@O<P&?H\'._$)QVKJ+$Q^B-$_+32P>U
MYR&5[WW//:Z4(GM(XS\(3(GF?8K:]"#UUVGX?QM_\_>?NY_&?0?A5EL25W-5
M5P=Q5P,Q57K%'%DU`%MU$%^&<F117O/3*9P&<.=1<2`5%4BU5I969!ZH5G"E
M7G+55(^C@%*65U8E@(LA6Y!%6R3')0U7&9>E6Q.C61[469_5?2%6(Z7E;YAV
M$"'#6C!8&3((&*T5@Y)E6_'G6_VW6RZ($/'57HLR7<=U$/_X%7_ZI3O<=78)
MD2#A)17C!5;F%8+F9S/KE6;NI7YKJ'Y7F$!9^`!;6$5=Z#]3&&Z5T6`R)F$:
M6&'QEV,:QF$>%H`&(5HVJ%(D!B+CAF+WHH<,AABQ1VI[*(D)-&/<46,6IDXZ
M-HDNV&82]V:'0Q!QEF65=F-=QE5@9BIBQ@!D-H,>=&8D!XJ(]F)/Y68%`6?^
M(6>G6%EY:&BAB'"*)F9_0Q5T<EVMEC2<1FD8`VQIZ"G,=`";QG/=X6GE]D^F
MQF;8&(R/AFK+HFK'"&FNEH?1]TW#!BS&YF_=IFSLAE#N-C'09GC21F["41=V
M<@#8YH';-FV)]6WD9&Y4\5>S^#B$YUALZK9L[HB.\$:.U_A-!F=@"7=2L-AP
M+`=QZ5&+!<.!!8%Q`.)1'%=M'E=$"_:0$%,P)3<_)^=PN%$?%"D5+<>0C?%Y
M7M=`UXAT!Q1!H>%/6*=-43=U;Z%T4=1U1'<LLW%U3C>4-&F37Q=Y,!D1?+=W
M>J<13]F4<,*4$6&5$(&55+F5_UQ9>[.'>QO!>A/A>@T#>P=A>PTS:H3RE<GD
MB5UIBP1E?7[W>\`3?`V%(\1G?+$73_)$3U)A3T[856<)?0T9E_%!?=(GE\2U
MAW:Y?529?^FW?SU%?G3F?Q^%?A757G3(?BA%.(G54@@Q?X()F>`'8H]C?SLE
M?CY5F1I'AE1)@#2W'R=(5VZ877A%52V(55P"@0LQ@0YGAA=()18'+&?5@8\3
MFQ<#FR`HFP>8@KFU@KCIBRZXA$C8A#38?XG(FE(X/SSX>(A(6J:E<31#A*N5
M;-2)&4FX%D>(GM:)3U4$A9B5@UH)455H=?0U'Z-E$'58CW_WA76'&>`56F1(
M7OZQ(/_."%1J6)_1Y88*6AGWF5CYN9_9M7@PF68Q=HE^6!":&(B<.(C^48@)
M\9TBMHA0B(:;J6(G"3R6B!`6RH<82F.,LHD8IF%;28M4-HI%AF6(,6>H"#.J
M>(V=THJO"!A%.)"WR(VJ=:2UF(O+4HH[VHLUNHU+VHV+]E*,@XR1MHPXVHRS
M@6G1.(W#23:&"(Q32IZAQHW7Y8T*`HZL%FE1:H[L9Y#JF&SKUF_-II"F(H_^
M1H^>HJ'71BO?QFUTJH_8=Y+GN(Z4"&CJ):<KA9!W^FS46*$%5Q4`$I$+9Z4K
MYY(6Z2**D9&1VIK^T9$;5T(DZ$Z%:7*!=JF)2I*5FG+%TG__%<F51AE%2%EU
M.GE`8E<I.>E!.PEU2R1UT;>45B>3M;IU3B>42Y:4N'J3\_F6JQ&5&3&5T0JM
MSIH7S<H0U[H0V5JMW$J.:$E[!^26$B&6$D&6:BD>L?>MYZJN;=FM#5%]AVEM
MCA:&"\4KCEE\\;&7R>>7`M-\%'I-A`F)B[62<&E7BCFOV6>O#K65I'E_/,6:
M]L&:``A2F:F%G"DPGLE2$/LW,45Q(YA3D6F:$Z5_^`FQY0>J'P:3REF"S(F"
MFFF;"\B"5S4E6M6;7?55%BA6GTJ<&KFR(F,0/FN`+DMMK,F`+=B4YPD:Z5E6
M-0B@S_D`V\E9GN6=/Y@TX3F$9N8F_TG;($L;6X]5G;5UG>]Y@S@CGUO9H)CQ
MH-1EL=?%A52Q753QG[@UAD1"H&=XH,^H5&@[7PR:HGR+A2$FH7?(E2VZHN*!
MB7]H8SC6H<M"B!P6HB$&(B-F.HUV,2FF<X7K8BP*8R[*-(B[H8L[HUO*D#::
M@*/KI`+`HUSFHQ(HF,$II+)%I.7Y%J5;L#%;IO6X*#J:NE!*E60Z&VE:I<5H
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M&_NJ'4N!(QNR^/>QW^>PJKES_W=^*FL^PB6TM/FR*JAF,NN`NQF!!N&;.!M6
MD[:S9M6SAER`)AJT)MB<W[3(1LO&W+>UKS6#[EE.9`NU9LN=4^N#^0F$5\LR
MY"F+9T'*79LOZZFT[8E=\(F#!J"#5+FW;0BX^>F(;6N';XNR8#@M`3K!!6J&
M!HI>/BK,<6@0U*RV<RBXR?RF9&RX#8.X?@J(H=N)CINRAQBY"3*Y)1:0<HRB
MF>N)[_RBF?\8HQPJNL@KJ4IZH_>,?KNKNJG8NJL8I(?CBK$[RTU8NYN;SZ:K
M(*BKNMP,5%,:O,3XJL98O,I8R?L,LLI+,\R;@0=FC0*;C;:K<1$]C-]XI>)X
M9+[;ONS,O>OHO0D)J>$K4O.(J.6K-^=K*P>2OB^]O@I\J$8J;E*!;A-SD.WX
MJ.^VL_CKD`^LD@K'OXKKS"\YL!A9;1HIR*%JP*2Z?!_GP"?7P/F;JD[-DOY+
MP5LYJT-WP1+T&53'><PZ&AD<11\\3<#:P1C,=5A7K$5)PIMWUVXMPDJL$#-<
M$8--$84=V$R!PPGH$8J-V([]V)`-)ST<KLMTK@,T>T0\348LV)O_G4`_[*[P
MVL1C3*]1C)?BH9=5W)=7[*]:#+"84HYAC)@C-7WR6JA0K'UG#)-I+)EW#%2#
M[)J8*5(6R\Z=.:?P)YVB*5-^C)KWN]LEBYTG.[%-R<DMF\@1\[2A[,@UJQ"2
MO(&4C(&6[-UHE<G(";3DO9Q^,9L("+/0V8!(F\M<N\O8Z;3:N<I2VX,*(:*P
M+(2RG+5&^+7L&;8X`]^E;(^\G,K;V937_$]K*\?'S)_YY)]AV,P07(;E%<T1
MFZ!^.\SPM>'5C)\#H<U3@8?D&,^>FZ%E1<_C[*$=]K@@5LSI3**5V\Z8R[G>
M#-N5J+F'ZX>@:UOV_-FDA]!0M<\-W8O_Y!S)KAMF`SVD!HUF\H6+8$P04$ZT
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M'U:,)<P7F"1.*%R<HK3-Y@8;K[Y'QJ6M3@R[W"0+H;WM?VX,W'`LW'),W!AK
MW*`I?^FGW*?9[^?<\'S\L-`ML83,D-2=WIY\W47;R+JYW0G1W17XW6?NIR$_
MWGY<WFUUWBR+\4/+G[?IWC!IR_+MB[U<MK^\62K5ROE=M?@1R^/IW^9)X+>L
M6T(_\[A5WS=_MAZ.S9%+4H"37\DLX<R,'P):M]!\7AG^LPNNF5LOAX'[]&X[
MXI#.8IV[X^K7XS3XX^5LB`4AHI(KX^SLB.YLXSJ^Q#G>AS`JSC[>B0]]N_IL
M9;MHBE=^Y`7AFQXDT/+_0]!E%GVTK,`KB+N.S\B0KXO]W+MT?J9N+KP43;QR
M#N88+>8AZ*5F[M'5^+R.O^91;GZ9GVHHG8Q4O])PVM)WWKWT^^CBRX]]FN((
ME8\[W54]W?OL&_OC]K[:.]3H:-1VNN=*/85>+=;[.Y%EK>I4W:E6_:D%[.E;
MS>ZA7NH,G.@++.F6*L$0/-54B=8S>==M'7;#CAE,QQ:U?DP]&:RY;OYZ?<*[
MGL)^K?Z`#>V'?>P`<>#!0((%#1Y$R""`0(0-'3Z$&%'B1(H5+5[$F%'C1HX=
M/39<\+%@2)$#299$F5+E2I8M7;Z$&5/F3)HU;=[$Z9"!@X,-&B!LP%.D@Y\9
M_X/VE'CTX,Z>11\R->@3J-"<5:U>K7D`0(&1`0``&.!4P5<`#!LZ&!#@9((`
M;0,(&-A@P-<!5`L:<.NV:`*R!(0J\`H`@4X!7PT8U,J5X(+`81TF[DI7+%FS
M`]&J)<C6+5RLG3U_1HC@J^('#KX*\,JY`=VO"1P::$T0-MD``PNCWHJP`%FR
M/QE\)>"5P(/5``H#<(TPM=?!`T7GMGPZ=</GI$T;GTZ<-?*[L0?._EH;]'CR
M58]#?\`7P(,%7W\N&,"5`'J#[;T_F&L``0+7[6LK&."PA^9J[KD'1*M-*[CX
MXLR@L=83C;/S2%.//?<.FC"SKRP$X+WX'IB/-/NX&_\HO_V2*R]%%6$R;C?2
M2ONIPH(`(]$@!P*KT;`#2-**``,*.(DZL`CZ#8`%YAL.M@$X1$BK)65LD3ZB
MTMOPH"A?G%)&@FA,[D:R4-0QR!7')%,DUR"SL;`7BUM2-\&\2F[$KP8#[RL%
M'/(RR.<`"(`G!!UXSBG9AK0OQ@?0+,@!-1$ZDS[+%B6(38)V0P!.DW@3K$Q-
M-^4(4<OF$L"N!@R8Z\6!QEK2T@<`$T"!W0!P8+<`7.73(=':M$RXP@[SDC=!
M!]IMR2(9(,C3TD"U"S%'T3).5%)S0_4!55FE%59.K\56(F-!_?52:PLJ+("Y
MC$,Q.N2<Y+#;$C,MUKA5O^+_B0$"!'BUR2&U/-11;A_:UCAU[5.4SW$%*+>T
M^[)%..%\7X1-`$$K7?+!9'&D[,"%M#.202J_M?'"09<$N($##M/X(+YJ.[D@
M3QM65V7Z6"X(XG=AI?@K@2H5J#@Q%>994T2+]'5F`PH;KKBX&$#:JP-X>O!9
MN+PL@.BXJF1R1IM!Y3!J=HW&6.O*?L:T0XQ=)@WHWH26N@&D%2J+:<.P[CGN
M31'5"E-B#R3+L2(/4A7OT^YF[+2B]G;.78/`"^!N\`1\@/"-P;*+[K")=7SA
M=NTN7#*#^MY3@+OE!GU%!Z`J;>VU"VH@@2"UZNGSN%2W$7:7"1I=W=3%9"`!
MU_-%/5WV1$D?W?3/&1!T=*J"-[WWG8G;_?;0GX>>R(M%4JBRCJJ//GOMKUV>
MH^XW^GY[\<<GOWSSST<_??779[__????AS]^^>>GOW[[[\<_?_WWY[]___\'
M8``%.$`"%M"`!T1@`A6X0`;6!&GE6T#+&CC!B]3-,";)RYT^XRJ,.``VJ;F3
M0@)C/9DD@``$:`X%02="/J7P`0)@''[8Q<%W"6`!"TA650[@%?%89"YW8I8"
M_),3MC``-BY4(<_\TP"OW&TL/>0+KJPFQ<XD0"L]I`A?AG,IM=0*)PT8#%],
ME<2$#;$PR9D/B79#PG<%H`!`VJ`7*T*I@MB)3V\,WTNT@D0R(LP^"/K):J((
M+'8]X(T_>>(!#K`[JSSQ(G0DB!W+LDB<W&B+?50B70Q0E`,,X$'$0I170A*M
M\3C2(HAJ@8\-Y8B3-V(R;D,L2%L$L"@OW4V4[Z)B9TQ9$2:*#40`$.(J;0*;
M-_+1E9R"Y4#88B[?@&I<Q'K0P:ZRRXHP`#5I"4!_A$D3]0#GF&5<);T(,A>S
M-$`!0AS)#7$(F@4PDB(,0.=BW"D3!Z@S@M\LH^M(UX![XM.?_P1H0`4ZT/8%
#!``[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>fp01f.gif
<TEXT>
begin 644 fp01f.gif
M1TE&.#EAI`$=`/<``````#DY.5-34UU=76AH:&YN;GIZ>GQ\?(J*BHN+BY:6
MEIF9F:*BHJ>GI[2TM+BXN,#`P,+"PLO+R\S,S-?7U][>WN'AX>;FYNSL[._O
M[_7U]??W]____P``````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````I`$=```(_P`Y"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3*EW*M*G3IU"C6AQ`M:I5JE*S:MVJ=$"&
M`E0O?!U0(,,`KFC3JM5Y5@)5!`JH2N!P=JW=NWA3UF5@E8'`NGD#"QZ,L>X&
ML&0W_"7,N+%CA8`14"V@F.[CRY@9UWU@5<'BS*!#JSU;X:WD`7,!%TP`H'5K
M"Q`"`#"@@6``!P,#0(@]6P-KUP`L``^PT$%P#@02"$Q`G(/QU@DL.&@.`0"%
M@<\#+*A]FR!OVAPF"/\`0$`Z=>O/P1/,OEVX:^+=!WX7?GTY[H&_@QN_[D#Y
M^M;:<7>?<\TE$-UP!7VGP7,`1%<0>P*NUEQXXY4WG4#5U;><:])9YUP"%W*0
MH4',8=>:>@*YYYH#"G(0GT`OBBB;`?3AYT!ZM1$UP`8'A'7!9&8A-($#!@!P
MHW`@:D=0`@((-`$`&#0XW0)#%GGCDPO<."!"QBU`P6P<:-`:!,X9Z0`!MP'`
M@7!DFGAC``UP8.1`42:Y0)T4$""`<6L"`,&7#3@@@']N3M?`EUG>*.>`=4XY
M)XQ;3F#E@F`2^:"9<"YJHD`&&("HE@0UJIUQ-Z)YZ9MQ/BJ0F'YR@*>>?++_
M69"D1E)J@',&Q-IJ0:R2":B@A'+PZ9%2*JFJI@*)NH"J:08Z:%$#\#5`!`)Q
M-H!D"O%9ID`+3"CB<0L0H&VW`FG[I8;%G0AF=<EM6Z9Q%BCY'Z>WJCINFK5A
M$&AP2AI7&P1;NMOIN039JR8'W;X(P`27EML:!I;.RT&GR`KLJ8<&W:NM<1A(
M3/&Q["KGKZO[QKO`01L_3"2\\B9(GL@`_+LEP0YS2]RQ!MNL\,@`.QEL3UYE
MD`%!0@>9D+8&$%#S0&+B=EO22YM+7J<,9PO`>!0GD&O,I#80@+A39SQ;D0RK
M"G699SM,P*VNRI9`U?]UNO"7:QM0]H!G&]?I=#5*_VR<`%FR;:+<=V\Z\<5U
MPSVQTN\:Z37C@Y-=,0=:^YMVF6MS>?#?@1N7^4&5QXR!VXH+.W6N>:N),]Z,
MZYUK`&R2CIVW0%]EN]7T.ISC<@0\B0'%9=8F=>+IKDS;;,L"#(#;E"[?<=P&
M&(LWVZ[_Y_RJ9P)P,O3:T4UUQ<"[3H#V4#9<9G4+".YPI](;/O#IBH=OY/(-
M[KY^]">K*J8!R0/O\/5B<QCZM@9`@NPO>6'*WO8$XCW442]FJQN(_#HUOF5A
M8$$5M(NVO+8T^<Q&:1QTE]30A3M<5<<U(%)3]"`&)0%`;FG5$<Z`0FB<!AQ,
M`T-JH=(F4+482JPZ^RG8#/^;0RJWR2:`V\*:^6*HJA&]CX0"H>'\)A:`YQF.
MB0,Z(71LN*H<8L"%*-N<FK#&,3"Z#(4\Q-!Q&(@Q#DAQ<JJ2XG0:))LT?LL"
M:]&6#]MEP-;@9H_^&6%!I!/&<AD@`:V;XNA2:+HX&8XU3?,@'I,SHF[Q"5!>
MP^/('KFP-E8,D,9YV]60R*?JJ,]=D%25##4`.)JY;)*,7*3Y4CD@1#HLB)94
M$Z!(J2937A(`CL1/(KNER9@-Q)6`A&,6CY.<4#Y)`)D,WIH")A5M(0=`>%Q-
M^:ZYO&Q*#3@=]%N1'!FEE&VPC0QJ%7"L,[YN(@Q`.8SBPMIYK#*YYD_KE!-P
M\H21S2\Q3`"G+%)K*,`G#03@E.DDTSHIL"SG?0F<!&DG[%+6IO^-29_`(:>?
M&AJ`>+K1DP)%CYH,NC5Y:DA,&LV>'PGB2F["#J,#7:A$+>!/#@!4`_2\CS77
MHH%L,J2G$!E=3(`*$2A6A*@I0>I"E+H4HQZ$J4OU*4*<*IJ(0*!T5<VJ5K?*
8U:YZ]:M@#:M8QTK6L@B:]:QHW4E````[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>fp01g.gif
<TEXT>
begin 644 fp01g.gif
M1TE&.#EA%P`>`/<``````#DY.5-34VAH:'IZ>HN+BYF9F:>GI[2TM,#`P,S,
MS-?7U^'AX>SL[/7U]?___P``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````%P`>```(CP`?"!Q(L*#!@P@3*ES(L*'#
MAQ`C.ER`H*+%B@X8'@#`L6/'``P4+@`0(,&"DR@1`!"@<*,"A`4`A$1(`,`"
MA"IOTK2)D^=.G09S)JP)M*#0GSV+%B2:=*C/H$\-,CUX].!4J$H)&HA*<&/6
F@2H-'&P0`$!&A`X&D"3`MBW'`PL=;/7(40`"B7CSZMW+=V]``#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>fp01h.gif
<TEXT>
begin 644 fp01h.gif
M1TE&.#EA]P!R`/<``````!\?'TY.3JZNKL7%Q<O+R\_/S]75U=;6UN[N[O#P
M\/___P``````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````]P!R```(_P`1"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L>+"`P4(:%S`L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ER<5&"#P$8#-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3]@PPH&:"IU"C2IU*M:K5JUBS:MW*M:O7
MKV##BK4JP.G8LVC3JEW+MJU;J0#,OIU+MZ[=NWCC>@2`MZ_?OX`#0]7;D:_@
MPX@3*]Y*F*/AQ9`C2_[;>,'CR9@S:SY;^3)=I:!##]U,>FKGO*71>DZM^?3=
MU:R[PHXMV;7=V;2SXLZMV';=W;RK`@\NV/=GXK*13S8^=[CRI\Z?YY7[6[IN
MZXN9OXVNG#OVYM2/?^$7/AZQ=K?>B:<OO_9\V_6\X;-7';[Y?+CW`;MG*Y]V
M__Q@[=<>@-`1V)>`:OW'FH(&,E;?=@8RV*!N#Z(7X82W5?C>A1A^IB%_'':X
MW8<#$BBAB%0AF-:)F[$(EV@P\M0>B0F&^%Z,..(TXUZHF=A<CD#N6%B/`+H8
M%9!!)DCCBC;RAR2.0CI&9'Y&EI93E)9->5^5I%VI)(^O-1FACE\.&::/'7JY
MXI*JB6DBF6N">9N;1<))GYS5H8FAFG>:.:>>$_+)&9N<T4FEG8/B*5Z1(@HZ
MEHIM`MJ@HV)!6JBD8][_A"67IAFZ):*/$OJHI_-1&I:EHV+ZIJ9E2GDFHVF"
M6JFHE9+*GJD!TGJJK>7A^A6JM:I:)ZMQ^IDGK'O*>JJN`?(ZGJ]>`;NKL(<2
MVZ>K?R(;J+*Y*FH?M9]:FZBQBU+9*+>_,ONKL]]!*YNZT;*+G;M<2=LLN*6B
M&RV\R>%[J[[O>@NAO[T"7"^_]<IK';T."FPAP<\:W#"YWVH[J<1:V;LNQ.UB
M3*'#&W(\K\=8:1ROR`N3?)7)_5J<J4V;:EGJN>*&"C*(*$O'<,8(,Z:PSBI;
MQ7+".3^W\\<4#^SRJC"WFN6KYL9:\ZPWE[CTL$T7B^VQ42<[];)5UUAT=T$+
M8-=SQC\;77:*9U\W-G)'E]QVR6F3_76W23]\=;597_MTMEUO>W>Z83/YMGIK
MFS;WRG7#G3A<BPO=.(HK1T[>X92;77BD>V<.=MXA=^XYX:#C+/KH`9?>WI.L
M&X6ZTYR^+G$[WEO/;GMQEM^N.\^;[^Z[UG__+CQXO0]O?.JU'Z^\S:HO[SS2
MR3\O/>_-3V_]8+E?+_O0VO_.??>[=];Z^.27;_[Y2L&D_OKLM^_^^_#'+__\
A]-=O__WXYZ___OSW[___``R@``=(P`(:\(`(M%]````[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>fp01i.gif
<TEXT>
begin 644 fp01i.gif
M1TE&.#EA$@!]`/<``%U=76YN;GQ\?(J*BI:6EJ*BHJVMK;BXN,+"PLO+R]'1
MT=G9V=[>WN;FYNGIZ>_O[_#P\/?W]____P``````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````$@!]```(_P`A2!A(L*#!@0(/*B28<*'"
MA@X-0HS(4$*$!`<R(F#@$`(#`"!#`A#P0*&#`",+J"2`DH!"!0`&&(P`4N$"
M``$X#KR(\^$`D2(//(Q@`&@`!`L;/FC0($)$!PA*$HR@TR9(I`,3C)1J\"9(
M`UE;6L4)`*R$!S4/>FV`LD`$M`#&2F`KTJ7:M`]^;GW8@.M9OQ(I'IPHF#!%
MPQ$1=Q0<F'%%QP@A1Y:L.*ED"94?7LX\>+-GRIXO9CRPL>-'H'L/GDRY4NQ!
MF#(+THQ[-^=4K0%\H@8I=#!1HU@[#US:-+%%C!JK#CX-E*1)E`)4%F`)P*Y!
MV#/3=L59E6?NP7I1]_^6^%OD4<O#F3I=+#JYZ=W.54.73MUZ0>RRM1>\:7LG
M;MV[C5<0!.6%=)YFZ17''G*D*2<1<R+%9]!JT;56W4LQ94?;=OT=UQ-XNP$@
M($,%@G2@<&>I9QQH[37X'FH2%D0A?:Y=EV%^&^['W6T?2A0>4",B5").P366
MHH*6M5A:4A"&%"-!,UIH'T'X3:4?0?QU]Q^(`0Y5E'E%#D@0<>LER>"2#S4)
MTI,#13E=C??=:&6.6.[H7X\#_AB4E\"A=V29FBGIX(!JIC;A?%)B&-N<5G7H
M'8#B\0FFGV0:)^B+S0'6)J)O7OB:G#M=.5"6/'[G8XA!8C;DB496NN!H:"XD
F!Y^F$KA9GZ(:-JHEG@SI&5*J!'YI8)B/_;DB9)P9Z5BR!04$`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>fp01j.gif
<TEXT>
begin 644 fp01j.gif
M1TE&.#EAH0%[`/<``````#4U-4U-36%A87)R<H*"@H^/CYR<G*BHJ+.SL[Z^
MOL7%Q<G)R=+2TMS<W.7EY>[N[O___P``````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````H0%[```(_P`C"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!C;@1`LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3*EW*M*G3G`0!0)A*M:K5JUBS:MW*M:O7
MKV##BAU+MJS9LVC3JEW+MJU5`%'=RIU+MZ[=NWCSZMV;%^Y`J7P#"QY,N+#A
MPXB_^A4(.+'CQY`C2YY<>'&$QI0S:][,N7-FRY@]BQY-NK3ILJ!/JU[-NG7G
MU*YCRYY-^R[LVKASZ]ZM]3;OW\"#K_8MO+CQXY&)(S?L(`'6!`XB-V\@]T$"
MZLMG*W?\0(!W`GH18/]W2T#`@^<`HE=U`,"YX.[GKR8`8,"M`P'TLVN/2SF!
M``(*Y,6>>VT]$(``!%8UGWI4#3@8>PQ:Y4!\;`U0@`#UZ1?;=H]A6!4"!)1'
M@'H(#'#>?0Q,Y4!Y`J1(U84>3J4`?MX%.!4#`_S'X(P7'M"5?P5D.!4"WZ5W
M8XX$M#=5=Q<20"&1`A10%0/>#>`B!`[D*``"7$%X%91<+HFA=V%.90"977$9
MHX:M<>C8FA`8`,`!"1`@)00,`!`@`@'$9V<"!_0Y50(!-#!C?`X@,"=T*@:`
M@`,7QC<?`@H`<&56!A1`)%5YTHE?=`86D$`!2F()0`$-.'JCH_[Y.)4`!T#_
M6J8!(X+8I9%6->"?D.PAJ"AV1";`IXU<P<FF:FXF!N>99@I`E840Q&B@=_BY
M5ZFF$3I(U:80-&#IH$9&F!6&OP[I+`0+X@D`==HZ^$!\@7IWX+,8$@M!H`8@
M0&%67F*U)GM<:CO`@0($(.16QAYK6K*(+7LNLT,&4*F+[-&9`*,WGEEH@Z6:
MJZ*>X(J;E;?RAGG`N>E6&EV['3=[<0+$/@!B`'<."N.^5_5[U;]*:OO?R^,A
M?+#""_,WV7T&,`@QQ%@&4%Y5%CJ@*U7"-DV@@8^JE^>>@J*+*U?<%@`>!)4J
ML**1!L9Z0*G:4J6`Q`XH@-T#!E!W\K;.J;P5>PTXL."W53P[I^W)?6-<[-!$
MD\9P8>S5I-[2YTZ59)G=XG<JIP<&,$"$:X,<<<%7IMN5G1'#2].G@P8`0+4?
M)SA5YP%<64#F9?)9<,W\WA1AX*:Z]T"2`&SN5<*)B[8XXWXS^.Z2^SX@LO/B
M0H_5WU4YC[/(62VOXGHK5]]]@_Q.**'XWF.?<_+1[\N@N-1[I7WQI1T/__ST
M&R=__?CGC]O]^I/5W'/F8]QUW,(``QC`=?V;_PS_^-*=[X0G:&PI#\Y")J&6
M[04^Z$'<6=AC(8,E4#,+Y(M_`"0@"ZIE6@CT&OM,6$+SD8\M+N+6!Q5HM,G`
M"40B(I&)L-0B%;'H4C`2THQ6)P!BX4A';HL2K'X4I8-!*4E:0U*IF/2?)WD'
M=U02@)4:I"7*3>]KVT*3F,ZTI:J0T8M;(<``9DB9$/)E68LBG;JXYB=1!4I2
MA3J4BA1%)_4XP%&0,@^X*/6MK61*AIWR#]IH-BJVG2I586(`JY;XJEAIBBJT
M2M38M*(SJNB*9[Y:E[F$);&NK"AV;*3A7S3CL&8]2TK2(ACKR':J1ZVG9=SR
MEHO2%4"JD$N4$.!6NO_RQ"Y'.D=[\2I8Y')D`'OA2U^W,A_/`E:J@<E+@U-R
M6B]369D:2J:5<8K<L`I9L9<QJ(`%&T_;@GDN]MA(=%PA6<%,AC(CZ8UEKCO3
MRV(V,]R-RCL3O*4T>=6S4OWL8A"T2JBXV49O0@9I2GM8Y/[XM%=*C4!5^^/5
M`*DUD/%)4F#42MC&5K:S@2H`:C.F5=YF-KDMJ6[W$F?>0EK!OK7O50057*D(
MUYQ>5LJF`65H-U=Y-)L\3J)5F5Q5&F"YFDFR8,*C2N>(93M44G!T=_KHZTZ'
M*T*M3J56@9WL:+>MS.'NBT:M"N^T]3N:1#4K\ZE)Y(2*&#?J!7U4T=[[(.#_
MO*M(KWS3B]X+M^<^"F7K>TM"+);"=[W!\O6FG,1K]=0'/NYY!7U!I:M@[*K9
MSGIV+IS]K&A':Y;0=O9_\MFF8*;3EN;LD[2#,6U=&OB?!\Y%@NA980KQ@D'Y
MY(<M,_+.ZF"[68<^9H3VJLLZUX+"W%9PMW?IY'HR>Y;978JX?3%NAYP8(B0&
M<X<H\J%W@.@=(=*HB)Q"THZ4Z*JM`,F)18KB?Z:H1">%,4I3JM*5LB1&3M(4
M3'D=4QDQV=^MS`ZZV*6+;.T"1SK)<6O![-J?[I@Z0PD22WS$V!\?%:E!3HPK
MAXQ<(E$7JD:ZASVH4A6>)ME>6,D*D[7:9.Y$]DF"_X826+XJY58:&``$)]@M
M"ZX+.)D&K5A2JU37LB7'$I3+0O*R*[_$,06)V;O6\15>!)O75)CI3(-!<V\T
MQ2G'J.D>:Q8,FU>A\(_Q$F2Z#%F<$B/GHBYV3HVI$Y?M]!P\MR)/%=]-A;1<
M&5@)_-HE]5-!-P/S0)=<Y6@1`&A?\99JUYR6-LL%H@1V9:,JNN4"7)1J`>MQ
M7CEZ(X]V;<\B/9?89*0GD_(5I0Y8VXDMR-*XS0VF?P[F3'O)M^0!+J>-YJGA
ML&(HJ<V.NI16BZ5;F]9P:EIR`*`<4VGBU,R]]5XTH6KF0A?FJ\A1J]C^JGJ\
M.LOEAMNJ$)C=/,MZNULU6\G,5F8K\*Y]E;>Y];K)ELNR6^MKYOD[K\^#[%_'
MIU#'3OK*E5618ON:+<:.#V<#WYMD\TI9PC9HTA'/MX*UJ_&.4WK?'@\Y_D`N
M\I(7C^0)1*U5AIT8ULJ%Y29'"\K10EL9VT4\M[WPRD-J[KST=N=H-@NA#AYS
MK\P<+<@MH8_)TES?ZO9!W7:L6@80]**+Y>AHN6%W1S0D\/802S^L2A"32$0C
MJC>)/6)BD#X4WR/-UW?UM2)^.:5?+A;XBR(#\!@+?,:N2)+H5N?_"M;/TN`Z
MW0G"X)[PJ?-XX40MRH^`[+#7"(EOJX284XLB,2-)->L41Y+%OK3DK&(<S:O4
MF&,W'N6PN!(B/0;^+(,WRYM?&:T,34NXUJIEMO`\%5U24+51]AB@J8Q/A-\K
MR\NL5U6>B6SI^I*@9-YREH.^M7*]OK0<5];!(%?6#YO*8H9#Y\:L',:/O;/;
MN2*BG^L9G7L.VF47XR<!:(9H@"IZ7,#VV:,1ZE[=71\UV7<8F*9I3$-1<Q4U
M4S,HH;9165-J='158*-J)-5J4/1J*35KKE-K+L57N"93@09F-B4N:[53`E`X
MO'8Q:X-&_Z<8`<@XS<9]5*%4GM14F`-5_YR3;>R&;JB6%=_6-9V#.NBB.N5F
M0F+U(F3U.?0'9N]6>XPF;VXU:3NX@D;7@LC3/GK5/`$G6-@C<`;W%>]S6(L%
M<&%H<0]7AH!E2A/W;Q;'/H`'>%)(%;'WAG(X'%0XAW:(''$X/RJG(&Z(%RX'
M7)!VAUV1AV%1<[8E%[CE=,\U&#^G(+_%%M0R8(*X%808%DGGARQ$<P>20JC6
M<YCH0L@V%@@RB2Q(5)2A=3G4=2?R=2LR7F)77F17(^GE763#7FH'7_,E7TD"
M=TTB=UA4=RK21:5G%7K'5P)&.7T'9E&R=)-8B6%1>`]F:G4$*(MG88B289#'
M81<V*=ZG%9=7:O^>LDBBPGD?XWFK@@"M$GHO9B:D=W^YLBNH)RS`%"RKIQ5T
MDRG11HJ46(>$,7N=QH2O=F2YARVWQ&3GXGN`!GSY,H_LIR[%A('&ETQ:!@%<
MMGQ>UGS=-DV-9F8>Y!4%L$;ZF!7."!;^&&'>5TYTQBEVQFCE9RKG-VE]1D\4
MY'X0:48($G]Y=6A4DVC^M6CQ9E#[-T`>"9(A>14C>5D8$E'/9H!0XVD)B"X+
M.&H-.$<1!E*3-E*L9C85F#:Q]GYD`S<;2#=VXX%ZXU\A^&M-2((FV"6)HF)%
M^1;\&!B-0Q-']6P0((.]1X.K8H/+AX-(R&V3UH.F(VZI\U4UV9<`@&[_ZN:6
M5756.>-_SY>6OC-OO'8Z*OB61XF&5A@?>]57!:>%@55PU^.%AF59$<)PZ^%P
MW`-QD!4^_49QJ4F&6#)IK?F6<!B7MIF;IY&9NMF;=L&;:P%S3'=IS.B;"@.<
MK'>9+"ET[=8646B<\(.<0G,KQ9D]*$4H[:46SPF=B2.=6G%#L/@Q.1)5W9&,
M6@%A&\A.6J0>,S(`[OEU=N(=V8EJ1T1OW+D<WHE_5",Q#0`MIB(J(?(QJ6=@
M!J,\"+(B&3(?DT(`&3)/A%(F>Y8VHT*4]YD=^>DO0B*8508Q`--H[C4PX]$`
M!D1UX)(G"6!`\&8`1+EGE7)D?5BA^V&*D5$U46O"H*ES(DK"H06%8'$C.1D"
M2762H);2'B@*D$RS9Y/R,C"J'Q<J50*`-&45'0&ZH7FF4P@V'W)#HD'H-QTY
M'R9:I.G$5.VU-<H#2`R07$M:'/]-JB+X,7Y3H6Y1Y2`Z:J5<02K!XT=F)J1?
MVJ"68U\O0I?[F9C*F::\L::)-4&0I1Y?F'`2ES/O4IJ@$A])N86"%8J$FAN&
M6AK$<ZGSDZFDL5><6C^>R@"N<Z(&L%\O`S,KE5"\\:*AJA>9JBA?0R@A@F1'
M-E<:]16)6(M<@D$/,`""TT/=82.V0C9C4ZQW22V;Q");)".1B*:Y,@!W*B;/
M:B[]15N2R"*U98S5^JJ"AYM[\39RLC[J8:-BAVYQ0J$[MHE4$SRF\CAKI*+D
M!S'^\6RP@I.O\FC'-B@W*9Q-62<KBHTNHR@4$VW\5TGX"I6/YZW?*J.0T0"D
M2E-_E)W_!U8]HN85[]6N/=8O$WNQ!N(>\HHN2/4J".0ADL:O7HA2W6(OZP0Q
MH_BN.Y-"GLBP5>&IJ!9<!EHP!,(G]P&MEJ<ID3,?*JHSBD*A6Y(O:Q>$(QHY
M_V%`!/(S\X='!F0`R*8H!'!=+8L@<E*P4SL>37M`!4FS#<L8FK%GBD*U6$%A
M:>,M@XI3UN>ECO(UZQ0EFA,CA+*TOL2@8/LJ`7`@XW&W!A2*#("7'AHGF4,@
M[-&U>>NT82NVO0&N(O0U>:*<)SN7-(%@,1DR9R*W+:.B-.(>]>IL)+LSIUI(
M(@L6[I%KA7LF6,,Q(O.RB^BX(@FY>P%/)Y,\\5%L#;"OZ"*/_[&R%5BI0G_$
MN4QV*OBQ2R,;+5G#(!XRI2*+NV!F2;C:N<["LQ\#5+ZTO(TKNT9)NWH!3W)2
M$QEB;\&#M9D8@UDE*.DRKLM)2PA`*N.6O)8#J$R8*J!K$U7')XEY*5EKC!EB
MN4S[;C/KN)XZAH\%O8GE0EVQJ&LH(3GS6-6CAM"SF6J(60LL=>E3P0A\P(G*
MO;/KL!X<PD#FO2)<PH\+PB:<P@"(PL!AJ7?APFNA`#[KA4+I=]5YGYG:'3)&
M)-2A`&-#)=&1`#NT%532D9)#+?$17$C,5\#*0Y5G2@-3,^4I.3,<@<E%*G-E
MC#;'+_@Q-#/B1;+JJKJ9J4.D-/D1NO\461]::H]>IF/&"KO-D8($(J\A.Q86
M`H^F$@#1`;MBP4S+IT0K!81;82'&<C)S):[H1ZB9FBFP:P!]VQR1\S:!LDV$
M<AXXPS3MFBTH=;%B0665G,?UP<=@43%S!1V8'"<7LG1J,C2P\C40NYV*3,)W
ML24%4#-GPJ!H?)>/Z(U9G&D[)RY%6Q:ARQXIDKAZ+,I?X1_>`D&G3,N.J9\<
MPU1>!,MI:JALRS3ZY"BEG,AV:9.*N+UB,<S?,B!4A\Q#^:"6-U?7W,O0'#%"
M?%;4O*2&:COX@1W,HB6.J%K@EL[?W+Z'RA5Z0Y.$8LY0)B]GA<GT#$R'<Z[4
M\LL$+,MU4<N4KQ(FS#(?VZQ:&\94,7,FXM*))I0D[&RQL3*E#B*M-]Q[HK3/
MHONF=R*)TYF]W6*Z@":V:]JZZ38V$),C^>P5^CO$T5(3">+1&;B_?B>$?J0D
M"CH6378I3&/3JP9E0D)ERKO3-`W1=*$\G)G5#NR%6B@R6W@5`_/$?C58Z\-T
MI3E9L6E\7+%76+W55<W"J<0G8JW"A4IJU<<"JG0M'`6<UX*XUWQMAW[]UW(8
MV((MA81=V/]WV(C]>HJ]V%;7V(X=<Y`=V26W&`OP%)B=V9J]V9S=V9[]V:`=
)VJ&]`*0=$``[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>fp01k.gif
<TEXT>
begin 644 fp01k.gif
M1TE&.#EA%`#*`/<``````#DY.5-34VAH:'IZ>HN+BYF9F:>GI[2TM,#`P,7%
MQ<S,S-?7U^'AX>SL[.[N[O7U]?___P``````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````%`#*```(_P`C"!Q(L.#`!PH,*BR(<*'#
M"`T?*HPHD6'"BA870H"PD*)`!P8$!`@@H`"#C`,="#B0`,$`!`@"("#H$4&!
M@0@(1'`0P,'!BP(-&!C80(#``@E^$EPP@&.$`S<C&$@JT&.$`@$&"!#@,P(!
MJA"!#F20(('3"&?#:DQ+4^S.D"-+GFQ+4"5+ES!ETL49-4+.G3V5#A1*U.A5
ML!Z9.H4:%+%;K%JY"OPJF"!9LQ!\IO78`"Q6``/F5A5+6&J!!@X2!!Y-\,#0
M"`(:#$1:.<("G;!E-Z[MU0`$FQP7!-"MMJX!DG$#@"U>$,*"L@S86L4XO6)U
MB8FW:M^^H'8#F67#E__MRES@`@%L45K&[I9Z>^OOV6-4;WN[_>ZLB8(7/Y[W
M^?1[K??0=0/&1Q`$!A!'X$`0"(!?>?-=Y\"$$[D%D@``9"B``>25IY(!#$SH
MP`(AG5537P11EE]0KQ4T56T,""":></Q%M-6!&P5P(S3.1=>=/1%:""#"?*F
M4(,/2DBA059=F"$`&W;HT8<A3D@B>K79I)"*Y97FHF.6R5B0<`JZ=:,`.8K$
M8WL^0B?=D!W!B5:1*SJ$I)'PS1>@G@O&N91]W'FW'W_D6?5?@0;-6"%&F?'F
M@&M=@11`DF)!$$`!QS%`P*5K$I0`;@BLU&&=";P6HY\#?5I6J.(5*M9Y@&[_
M1:F>>,I'*X3NW8IKGK?VN6BO<C(9;)"Y`JNKK\(>.^R>0BKKK+'0TII=K`X*
MB@!__=59'X!&*IKL?$XA*Y!DXL+F4[GD+INNGNO.URY&[U84[K*U(CH0K+'.
MJM^UV+HZ)I8.3><ML;RF9,`!/I4ZTYX\%5#```9`3`"*->%VG%-BUEE:`H9)
M!29.KW$\V,<"-8`;6@,-H*]$RY5KY`(+I)5`F04-@!Q8+]:9$T<<OY9SERTZ
MX+#'6:)XE<,D[]3Q0`<`D#3*:)VU@+_&B4222?39U=)+,2VL<U]_\40UBX4=
ME;1B`C%&M+:0;=45EP*7==9F<#Y8[[BC3KL=2=76\ED4`B*JA!JS0A?0E63,
M"L3Q3(C7*G2.>0_)\9O/2DMOG?@"NG($W_%+J'\`HRI@P/&)^*O!&&K((<,;
M5CEBB45O"98"I+5(T,^TAZDHF0/E3M"9:>Y(D.\'/N=F0<079+I!R;^5.I2K
M]RX6E2)>>5;R6AK$9?)>WCZ[6#'N7J-`S0.OXXS-HV5\`D`.;V%(3T;I?EVM
M5P\[^6)E7]#VM2N$._@9N]?X(E`^O@4/?6Q:7_NDMY#E(>]]SY,?`U-2/RO=
MCX#Y,]IDOG<[VXUL@@()WY@&6$`<G6]^S5$@6])7$19*Q(4/@:%#9+@0&BJ$
%=@$!`#L_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>fp01l.gif
<TEXT>
begin 644 fp01l.gif
M1TE&.#EAB0$^`/<``````#4U-4U-35U=76%A86MK:W)R<GAX>(*"@H2$A(^/
MCYJ:FIR<G*2DI*BHJ*VMK;.SL[:VMKZ^OK^_O\7%Q<C(R,G)R=#0T-+2TMC8
MV-S<W-_?W^7EY>?GY^[N[@``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````B0$^```(_P`I"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MSXT(/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3*EW*M*G3IU"C2IU*M:K5JUBS:MW*M:O7
MKV##BAU+MJS9LVC3JEW+MJW;MW#CRIU+MZ[=NWCSZMW+MZ_?OX"_`AA,N+#A
MPX@3*U[,N+'CQY`C2YY,N;+ERY@+!T8)8+-GEYVCAOX\<C3ITR5-.U6-V@/K
MUK!?+Y5-FC;LVE)M>]9]>S-OH[\!!^_M=_A0XWV1$]>K'&ASYLMO/_<Y'6_U
MZ'.O[]1>ESOVM]YQAB>7._[[VO(UT8,W?UK]3/=MX;,G*Q]F?;7WYX/-WY+_
M6?_Z<06@2@/_TA>@;[DM5^"!5RUXDH-A0<C@5!*25*%7%T[X5(8A<;B5AQK.
MEB!Q((:85(FN*6@B7RBBV."*>[6H(HQYR4@BC36.V)N+.`9EXXX]WO4C5AE<
ML(&(07:G(U0/#)#`1Q,4,,"4"63PT0939CF``AV0U,``%RPPP)&@):FD:%,U
M^:0'$V1YP)0%6.E!!G`6(.66)"4P@`=OVF<F74,^I:8''4RY@$<=O+DFG0/(
MV>:>(3W09`&37O!29IAFJNFFG';JZ:>;INDDFU-VZ5$%I<XY90499/#E`2)I
MF>4#EX)JZZVXYJKKKIJ*^F23L%XYI:6,RBHG2&$.T(`"`SQ`YI_0_ZXU*+`@
M80FFJ@/8>>>:U3);@9X7F!KMN&-=$,&1@SXJ+JH#=,FHG!M(64%(LDY)*[GX
M@O5F!!Z(J8`'UC:`J)Z+3BEGH0-,$!*S!3![P`+SON3`8`9PX!$&`&`0$P0:
MV(0```%,/!@"&H?\$<:$!>`1`BI[)'+%*`_6\D<O6_SQ8!I+(```%4]L@0<.
M(/"1!@#\O'+0A&%P<](9`ZWRTACX#+30-,NL@,40!,`S!PP$@#4`(FN\T\0!
M&.``21S?]67#4_+K09/9*G"GI=@>D(">V3Y[:K-MNOV2!0`PX(``5&M@0,=_
M%VV3`08`#?;@`KAVMD>`*^#`Y1YP,!@$'O\`+CCAE5\^.>6!#RZT!`:`S0'1
M"$!`@-D\`]WX1V!_%#+JJDO@0.J72Z#XQ![@[@`'$S>^.T@37QX``ZP[$,#5
MSW.P?.>*CPWVQPR(!+C1=26:Y;\?P0TGW=AJ60#YX0]0P9?HMS0QUF<CP#CB
M$`@@P.4:(-`U`A9+0```_/,?`%ZG`<-U[')F(X``.(<!`D1O)(QSG,N*5CO2
M<<\#$!B@T-Z'00=L;R0<A,#D@"?!X%UN,!HXGNU&!P`)E'""%BPA"466PMG!
MT`.,(Z$"5#8Q!`C`8A^TGD<4T,+_!?!_!&S@`^-R@0D<ZR,=:&+[YM2J5ND-
M)!VP4A9EH@&M(<#_A4`CXL\P9CF>`<YLS\,8`^I',B):C@,?9-S.&,```G01
M`0X@`/A"$D'@<<``7JL@]5YG`!?*[WU=!*`+`4=(,'HDD5^LFD<,0`#D`4``
MEK,A#M&(L9^1\(:,-,#.;C@Q3*IP@HQK(25O^#\P!E$G)/1=X-B(`3<Z``,!
MP*,>\Q42XOT/?!]TWB0-$$<#8$`"NBL;]8Q6S`A.$(&OZ2-A!.!"08:RD)HS
M`!$YYTL`*.":CO1(-\%'P@@29F(95(`FY?=+`!S0-"0,Y2AE"(!T:K)X@%3G
M[#CX/\XMDR?Q;&$R&Q?,QZ6.EQ]!ID<RJ+$/UG%EQ%0<XW!9-@$0M'K-_[0A
M/@U`-3X:3S76K!X&"_-%,&90:B)1Z$@U1L*N/;,S.[NG%[5V0U#^+C0SA&GL
M)#E20,+0>8`$HDASDM,`5/2BGN09XSK*RZZQ%`!"_1E#.6#18I+0HAX@FBM;
MZ`&+.G.DGHR<2*39H=&]$@&5=-P.G^J["W[$J8ZS&`DS^#,&@*TS&;RG(B]9
MTQ(6E)1XW>D-/S8QC1$``40;WO1>2=3.X'(P'L&J5L$*-+$BE`/_&\SD@DA$
MBA43ESL+@%@[^Z_,*E63G:TG!#_:H<(`SC#9RRK83.M!PX`$L^?$(6%^EEK!
M=49ZF@2<"[&:NL$8+:!)U:UQ_:C,JA&&<YD-`$H&1"G7HC$6)R+C&6A!-MK!
M*""U_D3H1]R:4*H=EB3D#0D&+%:2]`X3)^X=27RWP@&QR7>H/YEOY\2[DBX2
DP('V'4KJ9L8@D>F7OQ14(=[PCJ*[T3$H:@M&L(0G3*Z````[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>fp01m.gif
<TEXT>
begin 644 fp01m.gif
M1TE&.#EAK@$_`/<``````#4U-4U-35U=76%A86MK:W)R<GAX>(*"@H2$A(^/
MCYJ:FIR<G*2DI*BHJ*VMK;.SL[:VMKZ^OK^_O\7%Q<C(R,G)R=#0T-+2TMC8
MV-S<W-_?W^7EY>?GY^[N[@``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````K@$_```(_P`]"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES!CRIQ)LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3*EW*M*G3IU"C2IU*M:K5GQDN;&B9=>O5
MKV##6KQ08(#9!%LWF/5ZP2Q!!6L%JC5+5T%:NG@?""1+%ZW8OX`#$^Q0=D`"
MLP<\9#";0>`$MW+IZE5LMH#ELY0'6-X<P0/ALX@%BQYM]?&`#A[:#MBP>$!C
M#Z8'1J!;0&#KUQ76WC9H&K5JKZ2#"U?:6L&$#A<N9*Z0(<,#R!X.#%A@5OEN
MV&8[M&;>_'7QX\DO`O\83[Z\^?/HTZM?S[Z]^_?PX\N?3[^^_?OXRR.EWK=Q
M:[R0W097`YE=9M8"F0'X&G]GO581`,-%^&!-$"(UP6%TL898`@E(-X!`SQ7@
MG%O_26;;AASZY1B&<4THX8L053B3C$15$(%R'510U@/7Q>9!87@QQU@&92EP
MHFL&V8BCC@-,1A&-,$:9$)0P41E4`P,D)I!T/#+FF%NJ;6:6`KNIUMEU!&&I
M971-6F2EE'`*]&9+<_K46@$*%"8DDMA]2-V:IEW'GW8H<JC7G7F:58&;<39:
M4)TK0=I3;GB=Z66?'IC5F4`=:'KI9PN42!>"'E!*UZ8N.NJHI"FQRA-R$UR<
M@)IM#BJV57,%L:9=K:S=VEUWLWIV0:S!IJIJG*Z>E.RQC#*++(7.CK1LM']-
M2Y*UU#Z$;;97;1N2MS=E56Q#7<W(+8S@?I3N3!,`2>I<;$''UUGQ?C@7;1,<
MA.4%U`$WT;KG0@4P1P._-)MF'B+8(V2?&18:IG<"J5Q!A[$I7L`2%JR1QBQU
MVF:I0U[J8V^IQ17;;AU(1RJ((88X__&3&$?(,48SJ^2C8]:)'."8X$U\\J5P
MK9PI@!_#'+-P-3=KU'-K$K3PAP(Q:-AK/T_W`%P#Y#L0OP,T`-<#_DJ4]-%$
MC6WTTED>]#1!%^*U5=5X&4G0!G!5<)BL2I,MFMG_6IC=0`<LL,%<5$.FI&=,
MZE7U`Q%,4*M`1!?=M]ZC\2TV4AX3Z,%SJPVM]<$"J0EXFU4__I9F<`6^J+&4
M`V9Y1*^39!I>I&*M`-:D(JHGQ)<>E-L#CZ'*>NMBQ:ZM4DR:Y60'+!H6K*F:
M?ODAF@8]5\&^-!,OF/$.<4\2:VI/X+A!L.(]4`9>X9J0=IZ9/KGVU4(+_^7S
M%R]__<?C#_^6]PSQ7^Y#_R.)N.BDO_W=KR3S,LQ=B#:9=O4G,ITKF;TBIY>Y
M;&HN`W'@@2`((">%;@!<"QOL"O@5_BW$>`W#4&(BQAD/'"Q+=/&/SJ97F<T4
MP%)_:XU`#E:`A!7(AL+S0,6D<S$26L6$"C$>R7Y#/<]LT#/224!F"D=#/CEM
M5)EQXL<HU9S>%>0!+=/,R]YGQ*D@<4HG^0YR<C8`[N"*9`*A%*'X5#4W>@<O
M%]#AS6##1CL2A()Y*V-4SH@0[DDM`3(DVHB:-I<\SC!!>$EDZG3(-+5%SD%<
M\UJ31!@C05*%D`?Q7MLRU)H#I`@ME1Q((]=6RE/>:BUC<DLJ"]+_RA0!AVYM
MO-NX8)>?7OKRE\`,IC"'2<Q?GN1P.=I1$TEV'#D23GI3-`@E\=*G8`5.0U8L
M""`?5,QN>O.;X`RG.(%I$M%MJ4E-G`O8$&,8R&5MAR3RXI'.Z9;,@4@W\AP(
M7/"4I06LSI,`Q8GN%%5+0VT.,4!:G>UPEQE3INA0D%$-U&:'Q8(FP$F_"UY`
M-YH3Z`T`AP`B%><`E"_FX24!J!'5!G48->@D[V,JG<Y`K(<]CMJT)N4+UJ^`
M-9"<8LE!&1!?K7;:G%FAKZ='G=OCB)J!8+&/?1MQP'@,P`$/8```&*@(!#2@
M$0L0H"`!<`!"KII5A&SU(!`(``"HZA$'_Q@`+%(-@`'$BE:NPFB73[$``!C@
M``$@P`,:,(!=):)7"VA$`!!X%%T-$MC!%J2PC`4``AP0`+EQA`,!D,!7I.H`
M!.S5()"]*4ND6E4(=-8`@A4(!`0@``<X0`,(8$``$%!5"1!`LARP+0`((-C&
M>L"U<R4`8JU*@,I6M2`0`,!Q!P(`L4K```)@@$`0@%JNPE:VM-4M;QTK58$H
M```:D,!?71O;V585`\55``<X$-SAVC8`TO7N5Z_270]\-[>W18!V4XM>XXJ6
M)!I0JWY_^UW#7E4!4C6`7N=:V:LR8+4(P,!W$<P!R*)6`'ME``$"/%D"6'8@
MU#5(<_6J@+0:R90!!?;`@BFK``D#@,($,<!\.6L``%@@`,EEL`(X[``/>P##
M#-"P!O8J@>8*I,B.G4I]BRS5!PO``!-V``=X[./_CH0#/7ZQBFW\VP`(!+46
M-@`&)"`!RKXUM&%&[4`XZU8J15?$KA6`0.H+V3!OV;`%4?-O7SR>[TK5L*AE
M<XT]H&</8#:Z9;4JEZU"Y^:2V<RA%30H_TE(9M5B%;(:GJZ"N8Q:#`1`KD^^
MLT#2_-8YKQ6U?U7LD<O:7`3,N$)UYO29%TT0V9I:P)\.<X)13>A2"P0#"%!K
M8@%+:ZK45ZJ>!O6F\;QK`Z3:RB"1;59)"]GD8H`#3]9UA4(]9,UN6;-/+G1R
M#=M7@SA[N@*H,`!,BU5"RUG4=NZV0:SM@>("H+62#?.X?ROG0GN:JWH.;56Z
MZ^FY;ENP`/#VOLL-;9!PX+;C$6MHOSO5,'L:PP%X-\6-!/%3^]J^Y!EVK=_M
MZ:D:&N(!*&NL`5WJC1<$Y5>-\(AE#?+Q)+;0]28/L[U,7_)0]>(`R'C-C43Q
M=3=\)'@NB'@%0I:`9S]V(==62-(+,N1$1WT@'$CT1;(.D:D?9.H&B&]@O`[:
MH[,DP`0HKM9-P@"G#^7&RS6[E;$LY95@^2@26+O<]\[WOD\E.8`/O.`'3_C"
M&_[PB$^\XA?/^,8[_O&0C[SD)T_YREO^\IC/O.4IP/G.>_[SH`^]Z$=/^M*;
<_O2H3[WJ5\_ZUKO^];"/O>QG3_O:VU[V`0$`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>fp02.gif
<TEXT>
begin 644 fp02.gif
M1TE&.#EAQP&0`?<``````.[N[O___P``````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````QP&0`0`(_P`%"!Q(L*#!@P@3*ES(D""`
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DQ4;JES)LJ7+@0`"R)Q)LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1HTB3*K4)X*73IU!5QEQ*M:K5JUBS:MW*M2O-
MIE'#BHTZU:O9LVC3JEW+]BC8L7#C-BS;MJ[=NWCSZMWY5J[?OS#W"AY,N+!A
MI'T!*X9+][#CQY`CVTV\N#+4QI(S:][,V2AERZ!;8NY,NK3ISI]#JV8X^K3K
MU[#UIEY-^V#KV+ASZ]XZN[9O@;=W"Q].7&COW[6#%U_.O'F`X\A7*W=.O3IL
MZ-%#3[?.O;MF[-DM;UWW3KX\8?#A%X\WS[Y]6_3I`:]W3[\^5_CQ_<ZWS[^_
M4OSYQ;6??P06"!2``8XUH($,-LA4@KXMZ."$#"(((5D49JAA3A9>^)2$&X;8
M7H<>O@2BB"AZ1V*)HJ7H8H/)*[*XTHDOUKA<C#+.9>..]N&8XT(T\BAD;#[^
MF%"00R9I6I%&VJ;DD]8QV61!2$)I96123AG8E5P.EZ66`E39Y9B"?:FEF&2F
M>9>94Z*IYIMKL=FDFW#6:9:<1M)IYYY:X?FCGGP&6I6?.0(JZ*&(@:D?HHS*
MIJA<AC8JZ4^$RACII)CJ5"F+EV;J:4V;EMCIIZ2&ZN&HI'IJZH6HIHHICBC%
M:I&3KM8ZJ%BMND6KK;PF&E:NGNW:Z[!#P0K99\`2NZ>QCR&K[+,'Q>)ZK+#0
M5HL3LXXY:^VV-V%[F+;<ABN3MX:!*RZWY!9F[KG6IGL>M>Q"Z^Y@Z\;[[+QE
MPFLOL?CN5>^^P_;KJ$')`IRDP'G]:["M"..E\,*N-KRFOA!'+&VS%%=<ZL79
M9JRQJAQ_Z_''KX9<KFVRIJSRRBRW[/++,,=,DLGJ/FKSS3CG3%O!Q>KL\\]`
M!\T2S\8);?312.M,=%"K)NWTTU#/.&W45%=MM7137ZWUUEQCB''78(<M-D)+
M1SOVV6AS73:E:;?MI#;4:_O4]-MTUZU8W#W-;??>?'O=<=^`!RYJUH(7;GAT
M>/.D]^&,"YXX7XU'+KEZA$]N^>4?5H[YYIP#J7GGH(<>YN>BEW[YXYJ:KCKG
MJ'.X^NN6MWXM[+0W+GNWM>=>^.T/ZNX[W[R#^OOP=0?_%?'(MVW\3(LG[WR`
MRX_[_/1=1_\<]=A?;7WSV7>OVO;>AY\T^.*7'S3YYJ>?,_KJMZ\H^^['?9\G
MZ?+7#R'\]N>?(/[Z]Q\>__X+8(3H)\`"@@:`!DP@Y;ZFP`:*AX`.C."O("C!
M"IJ(@A;,H%0PJ,$.'HF#'@RA0T`H0A$BL(0HW-+?4LA"@I&PA18\(0Q#*,,9
M=K"&-LP@#G-8P1WR,((^_&$#@RC$!!*QB`4\(A(#J,0E:_:OB4[,'Q2C6+\I
M4C%^5KQB^[*HQ?1QL8OE^R(8PR?&,7:OC&;$'AK3.+TULM%Y;GPC\N(HQ^'1
ML8Z^NR,><Z?'/=*NCWY\'2`#J;I!$K)TACQDZ!*IR,XQLI&;>R0D3_?"2<*Q
MDI:<(R8S:VG'37(RCY[\)!]#*<H_DK*4@CPE*@NIRE4BLI6N7"0L8^G(6=(R
MDK:\)249J,OG2;*7=OLE,.DFS&&ZK9C&3!LRDWFV93)3;,Y\)MBB*4VUY;*:
M@:,F-K5WS6T"KYO>#"8XPTG,<9+SF.8\;*<RTZG.9K*SG=!\)SRG*<]Y6I.7
M]JPE/O.)RWWR<Y<K_&<_`RI0@(JLH`,]*$(->K*%,K1F#HU=/2,ZOHE2]&C:
MO.BC,JI1,'&THVVR*$A_]M&1_DFD)ET?2E-ZLY*R='#^?&DY8RI3=-*TIFOK
MO"E.W:G3G<:SISZE)U"#>D^"$A5M+CUJ=I*J5.0PM:D#'"I4J?;4J6)-JE9]
M6E6S>L"5<A5Z7OUJ?+8JUKN%M:Q+/2M:G:K6M4;5J&Z%6UOC>E6XTK6B6+VK
M2O.JUY;.M:^5(2M@+_/7P6O*I["&711?$QO2Q3)V?HY];*$0*UF:O:NRYZ,L
M9@D;V<VR2K.>O6!G0PO6T9)VK*`]K=1,J]JTLK:U;'TM;-^JT-F>*;6V_:!L
M<_L]W/+6A;O][0.#*]P%VK6X]_,M<D='W.4J]KC.16USHTC+&.4B5["_Q2YO
MM9M;[MK6N[,%+VS%VUKRJM:\IT4O:=4;6O9ZUKV;A2]FY5M9^DK6OH_%+V/U
MFUC^&M:_@P4P8`7<5P+KU<!'=T4P714<5P:[U<%KA3!:)5Q6"HO5PE_%,%<U
MG%4.6]7#4P4Q5$7<5!(KU<1'13%151Q4%OO4Q3N%,4YE7%,:R]3&+\4Q2W5(
MG%(>F]3'(P4R2(7<42)KU,@713)%E1Q1)CO4R0N%,D*E7%`J"]3*_\0R/[6<
M3R[;T\OS!#,\Q=Q.,JO3S.=$,SG5'$XV>]/-1]N$,S;E7$TZ2]/.S\0S,_6<
M3#X;T\_#!#0P!=U+0NO2T+=$-"T5'4M&N]+1JX0T*B5=2DJ+TM*?Q#0G-9U)
M3EO2TY,$-21%2-U(4BO2U(=$-2%5'4A6^]'5>X0U'F5=1UK+T=9OQ#4;=9U&
M7IO1UV,$-AB%W45B:]'85T0V%94=168[T=E+A#82I5U$:@O1VAT_Q#8/M9U#
8;MO0VS,$-PQE9A+JFOO<Z$ZWNBL8$``[
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>fp02c.gif
<TEXT>
begin 644 fp02c.gif
M1TE&.#EA[0!P`/<``````.[N[O___P``````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````[0!P```(\0`%"!Q(L*#!@P@3*ES(L*'#
MAQ`C2IQ(L:+%BQ@S:MS(L:/'CR!#BAQ)LJ3)DRA3JES)LJ7+ES`3`IA)LZ;-
MFSASZMS)LZ?/GT"#"AU*M*C1FP&2*EW*M*G3IU"C2IU*M:K5JUBS:MW*M:O7
MKV##BAU+MJS9LVC3JEW+MJW;MW#CRIU+MZ[=NWCSZMW+MZ_?OX`#"QY,N+#A
MPX@3*U[,N+'CQY`C2YY,N;+ERY@S:][,N;/GSZ!#BQY-NK3ITZA3JU[-NK7K
MU[!CRYY-N[;MV[ASZ][-N[?OW\"#"Q].O+CQX\B3*U_.O+GSY]"C2Y].O;I/
M]>O8LVO?SKV[]^_@PXL?3[Z\^?/HTZM?S[Z]^_?PX\N?3[^^_?OX\^O?S[^_
M__\`!BC@@`06:."!"":HX((,-NC@@Q!&*.&$%%9HX8489B2HX88<=NCAAR"&
<*.*()/)VU(DHIJCBBBRVZ")-,<4HXXPC!00`.S\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>fp02d.gif
<TEXT>
begin 644 fp02d.gif
M1TE&.#EA$@#'`/<``````#DY.5-34VAH:'IZ>HN+BYF9F:>GI[2TM,#`P,S,
MS-?7U^'AX>SL[/7U]?___P``````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M````````````````````````````````````````````````````````````
M`````````````````````"P`````$@#'```(_P`?"!Q(L*#!@P@3*ES(L.%!
M!PX:-C`@($```046)&P@X$`"!`,0(`B``"&"`@,1$'C0($"#@P8,#&0@0&"!
M!`<5#(CXX`#*!P9P'BP08(```2\?$!!Z<$&"!#P?1$T(42)%BQ@U(N3H$:1(
MDB9_/E#)TB5,F0)IVF1*4"=/GP*#(B1J%*G`I0F=0G7P<BI!!DR)`AB@U6#,
MN`48-$A@UN`!M`(8#+R9<^6#R`/E'B1@P,')B`H"2#XX\2+6`&P?*GBZP*_#
MU[`;*CA*N[:"@PQ(/MW]-*G!V:X5%HY-O+AQA;-KV\:MFW=OA,!A#S\.VX&!
MT0T="+A-W6"#[PPG"O\`0%Z``=\%.1I8\+V!`HK!3VY.'1=M0<T%%PB8'AI[
MP9%'$7!4`-,5Y,!JK`77G8'7O:8==QN!MY!XY`%@'GH$J<?>=^\)$)]8!.%E
MF'T$X4>0?OR)9M)%`@A848$$';A;:PLN9)U_-FY7XXX\/I"<<D=!^%=SSF$X
M4'2OP1@;7UL]EE1I0@[D0``%&$`@`50JF8!E"'1D)$$)H*4?0UL^U25O7_X(
M9)0]MNGFFW#&*>><=-9I9W$**#!5`C@.-(!I3)F8$@$1)6!>7/0!95\#!:`D
MJ$#R$=0H9=[55-`!`"0J54X-*)B07:^!ZI"H#9'*D*D+H:J0JE3=>220M+'_
M^4!N"#CW7$X>2B?G1`>\%&9)6U%9P``&$$L`B`21!50`/.UWED"&9I8H`FA%
MBRANEFTJT`"R)J2I<7GNV>>V@$I[D$J%'@I4HH<)Q*BCTR([::(<.98I0CQ5
M)9`"7[)TU449;=311R&-!*Q!D8ZU4DM?MCNKI906Y)9`<*T[5U%')25B4T]%
MY>EOL;'J(Y`LRDH3`NUQI-A&C28E\D"&EO3R0(P*V.]!AG[LJFRP!LE<K;;V
MBZ1#2DXHH4(4EG?>5N9MZ!Y\YR)[%[LDFFL0BA*K>"Z++A*HD(P)2G3T1A15
M>"'3Z[77X8?S/6M8HEBWI37"7`]8M%0()D`CV>,I.-VOAFI#C;#42E$-$]S.
LRCWN6'6_^'7>>QM],\UE^XVVTVM'W?:(AS>5^)%S_]>XUU1!KO/.-08$`#L_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
